China Torch high-tech shareholders in a suspicious price overweight 14 million shares

Every reporter Ma Yufei as bullish on the development of listed companies the most determined move, large shareholder overweight has always been a market concern.　　But last week in the Torch high-tech (600872, closing price 12.65 yuan) The first major shareholder Zhongshan Torch Group's overweight move, but some investors have been questioned.　　May 22, China Torch High-tech issued a notice, Zhongshan Torch Group on May 21 through a large number of transactions to buy 13.825 million shares, the purchase price of 11.80 yuan/share, increase in the total amount of up to 163 million yuan, increasing the number of shares accounted for the company's total capital of 1.91%. According to the announcement, Zhongshan Torch Group announced in September last year will increase the listed companies not more than 36.21 million shares.　　It is puzzling that has already announced overweight plans Zhongshan Torch Group, why to wait until the torch high prices soared after the start of overweight, "low to seek higher" overweight is there another reason behind it?　　Group High Holdings questioned data show, Zhongshan Torch Group on September 23, 2008 in the two-tier market to buy 134,500 shares, and announced that the next 12 months continue to increase holdings of not more than 36.21 million shares (no more than the total capital of 5%). But after announcing the overweight plan, the Zhongshan Torch Group's action was extremely slow. By December 31, 2008, the majority of shareholders from the two-tier market to increase the shares of only 396,700 shares, Janzhong high-tech Total equity of 0.055%.　　And this overweight, Zhongshan Torch group in this year is not shot overweight record. It is worth noting that, before February this year, the Chinese torch high-tech stock price is still under 4 yuan wandering.　　Since February 6 this year, the shares began to soar, the way to break the previous 11.2 Yuan peak. April 30, the company announced that the company's holding 66% of the China Torch Sen to invest 1.315 billion yuan, for an annual output of 363 million-time Ni-MH Power Battery Assembly expansion construction project.　　Stimulated by this, the torch high-tech shares rose again, on May 7, a record 13.40 yuan in the record. "Why is it not overweight under 4 yuan, instead of overweight in the vicinity of the historical high?"　　"For large shareholders this suspicious overweight behavior, an investor online message asked." "In terms of the choice of time and price, the behavior of big shareholders is really elusive," he said.　　"A brokerage researcher said that if the choice of overweight before February this year, according to the 4 yuan per share of overweight price calculation, Zhongshan Torch group 13.825 million shares only to spend 55.3 million yuan, far less than the 163 million yuan overweight costs.　　Company: not clear big shareholder behavior "Daily Economic news" Reporter also noted that with large shareholders in the opposite of overweight, the other shareholders in the torch in the first quarter is constantly reducing, and these shareholders are basically located in the company's location Zhongshan. The company's quarterly report shows that Zhongshan rural credit cooperatives in the first quarter of this year to reduce the number of 5.98 million shares, in the top ten circulating shareholders in the 2008 annual reports of the number one slipped to third place. Meanwhile, last year four quarter reduced 1.49 million shares of Zhongshan East RiverIndustry, in the first quarter again sold 4.2 million shares, has fallen to 3.5 million shares; In addition, Zhongshan Industrial group in the first quarter of the reduction of 1.49 million shares, Zhongshan Industrial and Commercial Bank of Guangdong province, investment and Trust company Zhongshan office reduced 3.7 million shares. In the face of market doubts, yesterday, "daily economic news" Yesterday, the reporter called The Torch High-tech, the company's securities staff said that they are only in accordance with the letter issued by the major shareholder bulletin, as for the specific increase in the reason is not clear. In the announcement, the big shareholder Zhongshan Torch Group also did not have the reason for overweight.