China Unicom: Smooth through the first day of full circulation

Abnormal performance: Yesterday to achieve the full circulation of China Unicom share price performance is calm, the stock early shock larger, soon after the high, and quickly pulled back, soon after the afternoon after the fluctuation narrowed, to smooth, closed slightly up 0.45%, the deal and change hands than the previous session of moderate amplification. Comments: The recent big events in the company. Yesterday's 10.7 billion shares of the company's major shareholder, China's Joint network communications group, were lifted as much as a share of the stock before it was lifted. After the lifting of the ban, China Unicom entered the full circulation, its performance undoubtedly has a great impact on the market.　　At the same time, China Unicom 3G "wo" brand release and 3G business has started trial commercial. As the lifting of capital shares are the company's largest shareholder, as of yesterday, China Unicom group total increase of 65.43 million Chinese unicom, and the majority of shareholders pledged to lift the unit by September 25, 2009 not to reduce the shares, which all to China Unicom two-level market of the steady trend laid the foundation for the note is noteworthy, Many of the companies that went into full circulation in May had a single controlling shareholder from a state-owned background, and the selling pressure of the state-owned large shareholder was far smaller than that of some other companies that had been scrambling to sell. For example, on May 12, the 649 million shares of Shanghai International Group, a big shareholder of Pudong Bank, were lifted, but the volume was not enlarged and the share price remained firm.　　Pu FA Bank, China Unicom, such as the weight of blue-chip after the release of the stability, no doubt to ICBC, BOC, such as the subsequent super large stock market shares of the lifting of the ban played a positive demonstration effect, the hidden influence of market confidence can not be overlooked. In addition, China Unicom is China's second largest mobile operator, the WCDMA adopted by the three 3G standard is the most widely used, the most mature technology 3G technology, at the same time its mobile phone terminal rich, cheap, with a certain market competitive advantage. Unicom recently released March user data also showed that the G-Net monthly new record since 2004 high.　　With the issuance of 3G licences, China Unicom, which has WCDMA network, is more bullish than the CDMA2000 of China Telecom and TD-SCDMA, and its internal resource integration will become an important factor in determining its stock price in the short term. Overall, the stock market trend was quite smooth yesterday, the turnover rate did not appear abnormal amplification, is expected to full shock, do not rule out the power to attack.