Citic Bank Jedi counterattack floating Capital lifting mechanism reduction (figure)

Source: Internet
Author: User
Citic Bank (601998) Abnormal performance: Yesterday afternoon bank stock reversal, the overall rapid pull up. Among them, Citic Bank (601998) became the leader of the plate rebound. The unit began on the attack around 1:30 P.M., less than half an hour is pulled to the limit, continuous wear more than a short moving average, and drive other bank stocks upward.  Ningbo Bank, Nanjing Bank, Huaxia Bank and so on have soared. Comment on: Citic Bank, as the largest subsidiary of Citic Group, directly benefits from CITIC Group's integrated operating service platform, mainly embodied in brand, customer and network resources. CITIC Group's internal product resources and service network sharing, but also help Citic Bank to provide a full range of financial solutions, so in the competition with other joint-stock commercial banks to gain a leading position.  In addition, Citic Bank in the information technology, products and services have a strong advantage, and in human resources, corporate governance and organizational processes compared with the industry's dominant enterprises. The IPO application of Agricultural Bank of China, which has been concerned by the market, has finally accepted the audit by the SFC, and the market generally expects the bad. Yesterday afternoon, by the strong rise in stock index futures led by the Shanghai and Shenzhen 300 index stocks fully pulled up, the stock index appeared in the volume rebound trend.  Citic Bank took the lead to limit the trading, to stimulate the full outbreak of banking stocks. Yesterday, public trading information showed that the main line of the outbreak of hot money. Citic Jin Tong securities Hangzhou Yan ' an business department to kill a large more than 60 million yuan, beyond the seller's first five seats selling the sum of the shares, become the absolute bulls, the Galaxy Securities Hangzhou Xintang Road Sales department, the two sales department of Tibet Securities and other follow-up to buy, and sell the first five seats in four institutions.  CICC shenzhen Fu Hua Road Sales department also sold more than 12 million yuan. Secondary market, the stock after a sharp decline has been close to the early 4.80 yuan low, the current dynamic P/E only about 12 times times, there is a rebound demand. Yesterday the stock trading volume can be released. However, uncertainty over the future of the banking sector, due to macroeconomic implications and concerns about the risk of lending to the real estate sector and local financing platforms, is still high, and the sustainability of the rally is not optimistic, as investors are wary of catching up.

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