Eight institutions frantically buying 700 million-dollar shares to conceal research facts

Source: Internet
Author: User
Director: Shanghai Wang Ze, the actual control of the landlords jointly starring: Guo Xin Securities self-employed, Invesco Great Wall Fund, Huaxia fund, rich funds, Hui Fu Fund, Columbia University guest appearances: National Letter Securities, nine road sales department, the state Sea Securities plot summary: In the past three quarters, 8 institutional investors have flocked to the top ten circulating shareholder lists of Daewon shares. It was clearly not an impulse to invest heavily, and the agency admitted that it had personally travelled to the company for research. On this insensitive issue, however, Daewon shares are denied. "Have you been here before?  "This is a problem, and the problem behind it is the asymmetry of information disclosure, which is always the contradiction and entanglement of Daewon shares."  On the issue of asymmetric information disclosure, Daewon shares learned last year's lesson, but just announced the three quarterly bulletin still let the company bottom.  On the evening of October 21, Daewon shares announced its three quarterly bulletin, including the securities brokerage, public offering fund, and even QFII jointly stationed in the top ten circulating stocks list of the top 10, the new body has eight seats. Previously, Daewon shares because asset injection has been the focus of the capital markets, and now the reorganization of the matter has not been finalized, many institutions have been bold, apparently not impulsive. Although the state Trust Securities company Nine Road sales department, the state Sea securities and many other institutions have admitted to the Firm for field research. However, for this matter, Daewon shares have always denied: "No thing!"  "The self-proclaimed information disclosure did a good job, and Daewon shares never seemed to stop. Journalists interviewed by the industry, when talking about Daewon shares, have to start from last year's major shareholder owners.  July 31, 2009, the former largest shareholder of Dalian Shide Investment Co., Ltd. and Shanghai Wang Ze Century Investment Development Co., Ltd. signed the agreement on the transfer of shares, the company held 50.8 million shares of the transfer to Shanghai Wang Ze. Prior to this, Dalian Shide through the bulk trading platform to throw shares, in one months or even throw out 28 transactions, crazy, and then withdraw.  Shanghai Wang Ze, turned to become the largest shareholder of Daewon shares. According to a person close to the stake in the industry recalls: "Dalian Shide at that time the transfer conditions are very harsh, so that the capital market at that time in the speculation, in large shareholders after the owners, listed companies will have some action." However, Shanghai Wang Ze said at the time that major shareholders have not changed the main business of listed companies or the main business of listed companies to make major adjustments to the plan. However, the word has not been heard, the news began to go crazy, "large shares will buy snake House Mountain Gold."  "In this regard, Daewon shares are always tight-lipped."  In an endless stream of public opinion, 2009 Daewon shares rose to 652%, becoming the first cattle stocks, but also in the market access to the "King of Gossip" joke.  After the failure of the Daewon gold mine restructuring, the next target--the gold mine--was also spread. Starting in mid-December 2009, the BigThe shares of the yuan stock in 17 trading days from 17 yuan/shares up to 27 yuan/share.  Drawing on the last-questioned lesson, Daewon shares tried to make the reorganization "transparent". From February 2, Daewon shares announced that the targeted additional acquisition of pearl pull Gold began, the reorganization process of the announcement will be repeated. Recently, the company also issued a bulletin on the acquisition of gold reserves to make detailed description. So much so that the staff of the Securities Affairs Office of the Capital, in an interview with reporters, also said: "The admission of information disclosure has done a good job."  "Whether to accept research caliber but, just released a third quarterly bulletin or bottom."  On the evening of October 21, Daewon shares announced the third quarterly report, relative to its slightly surplus three quarterly operating results, the company's ownership structure among the agencies involved in a more interesting. According to the three quarterly reports, Invesco the Great Wall, Hui Fu, huaxia, rich countries and other funds in the same unit, Columbia University as a QFII representative to attend the third largest circulating shares of shareholders. In addition, CITIC Securities trailing state securities, in the three quarter to buy 2.0164 million shares, at the same time, in the two-quarter into the state securities, has been the second largest circulating shareholder list of the top ten circulating shareholders.  There are also seven other shareholders in circulation, and the three-quarter share price boom has allowed these investors to quickly set out.  The reporter rough statistics, eight big organization seats total shareholding 19.4199 million shares, by October 22 Daewon shares 37.73 yuan closing price calculation, the institution holds the share 733 million yuan.  "Huaxia Times," reporter learned that in the second quarter of the securities of the country to buy 3.9668 million large shares and become its second largest circulating shares shareholder, the state Securities company Nine Road Business Department of a investment adviser in the early July personally led the investigation of large shares. In early July, the National Trust Securities Nine Road research team to Yinchuan, field research bead pull gold mining area, and with Daewon shares of senior executives to communicate. The research team was warmly received by the local government as Daewon shares had a better relationship with the Alxa Zuoqi government.  The investment adviser will also look at what they saw along the way on their microblog, including research on the site photos of the pearl-pull gold mine. According to the reporter understand, the research team in the investigation, has Daewon shares as a key species to its customers to recommend, and the group flag under the customer funds in the amount of 2 billion yuan.  Since then, from the beginning of July Daewon stock market started to October, Daewon shares have risen from 17 yuan/shares soared to 38 yuan/share. In addition, China Sea securities insiders also told reporters: "An internal analyst in the three-quarter to Daewon shares research, but came back after not publicly published research report."  However, on the issue of institutional research, Daewon shares are denied. "A number of agencies have told reporters that they have travelled to the company for field research," he said. Is that true? "October 21, reporters in Beijing Asian Games Village, the big-dollar AG headquarters interview, asked the way。 "No agency research, no one!" Whether the headquarters, or gold, all research activities must be kept in the Secretary of the Secretary for the record, it is impossible not to know!  The company's securities office staff replied. And for the company's defense, a Shanghai private equity person does not agree, he believes that the hands of the organization is not small handwriting, if not prior to the investigation of the company seems too unreasonable. "It is not illegal to research listed companies during asset injection, but general listed companies may refuse to investigate in order to ensure information symmetry." This daewon in the investigation of the organization and the size of the shares, it really makes people suspicious. ”

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.