China Unicom yesterday's full circulation of tens of billions of lifted shares

At a height of 6.79 yuan opened, once fell turn green, with the fund admission, Unicom and a straight line to turn over red, finally to 6.72 yuan, yesterday is China Unicom ushered in the full circulation of the first day, as before the industry predicted, the entire circulation of the super large stocks did not produce too much pressure on the market, and even some echoes yesterday's 2,600-point breakthrough Strong trend.　　By the end of the close, China Unicom Rose 0.45%, the whole day turnover rate of only 1.14%. In the last week, the Pudong bank into full circulation, China Unicom "big non" lifted, making the Shanghai and Shenzhen 300 before the 20 big weight shares of the entire circulation company added a member. Yesterday, China Unicom a total of 10.755 billion shares of restricted shares lifted, lifted the lifting of the market value of nearly 72 billion yuan, accounted for the total lifting volume of 65.23% this week, accounting for the share of the shares of 102.99%, because this part of the lifting of the shares is mainly large shareholder Unicom Holdings, so the market agreed that China　　The selling pressure is far smaller than the small and medium-sized panel to sell the "little non", the pressure on the two market is limited, similar Pudong bank in May 12 full circulation of the first day of turnover did not enlarge, also confirmed this. But the tacit understanding of China Unicom has not been able to extend its full circulation rating.　　And China Merchants Bank, Pudong Fat Bank into full circulation after the rating agencies generally optimistic about the difference is that the securities companies to enter the full circulation of the Chinese unicom differences.　　Since entering the April, most of the mainstream securities companies in China Unicom's rating there is a big difference. May 15 day congenial Gu in published a research report to maintain the previous "overweight" rating, China Unicom's target price from 6.8 yuan to 8.02 yuan. The rationale is that China Unicom's 3G brand "Wo", which started on May 17, will be able to effectively improve Unicom's profitability.　　Also "recommended" ratings include CIC Securities, China Merchants Securities, Haitong Securities, credit Securities and security securities. and CICC, Guotai and Ping An securities and other research institutions for China Unicom short-term not optimistic, have given "neutral" rating. The recent three-year earnings forecasts of CICC and Cathay-China Unicom have not differed much from those seen in the study, but only on the price-earnings ratios that have been given.　　CICC's 2009-year, 25 times-fold dynamic P/E ratio, which is about 35 times times the price-earnings ratio in the communications industry, is far apart. At the same time, the market rebounded to 2,700 points near, the fund's multi-empty game also prompted the agency to China Unicom short-term trend of differences. "The overall position of the fund has reached a short-term high, the overall position of the future period of decline in the probability of larger." "Citic Securities analysts believe that" although the overall position of the fund last week did not appear significantly, but has shown a significant adjustment trend, the market shocks upward, the fund positions did not further increase significantly, especially the higher position of the stock index funds and stock funds, the net change in position is negative, that is, showing the initiative to lighten the situation. "The Yangtze Power and China Unicom, which has been placed on the market vane,, after a round of adjustment, can take the lead up the baton, led the weight of the unit again, in the near 2,700-point game, will become an indispensable focus of the market.