Ping An employee shares reduce the second year of the current pressure does not reduce

A year ago today (March 1), China Ping ' an (601318, closing price 49.76 yuan) 19,000 employees held a 859 million share of the original shares lifted, once caused the market uproar. Although clearly stated that the staff will be divided into five years, but Ping an A shares in the stock price still suffered a setback.　　Days, now Ping An employees five years to reduce the plan into the second year, this batch of employees to reduce the operation of the stock will be, whether the price will be suppressed, which has become the topic of concern for the market. A maximum of 240 million shares per annum China Ping An is a pilot unit in Shenzhen Special Economic Zone to carry out employee shareholding in the early 90 's. Last February 23, Ping An issued a notice that 19,000 employees held 859 million shares of internal workers from March 1 from the start of the circulation, 859 million shares by Shenzhen New Hao when Investment Development Co., Ltd., Shenzhen City AO Industrial Development Co., Ltd. and Shenzhen Jiangnan Industrial Development Co., Ltd. three companies to hold, The holdings were 389 million shares, 331 million shares and 139 million shares respectively.　　Among them, Jiangnan industry is mainly the shareholding platform of Ping an executives. In the announcement of the same day, peace also announced that new Hao when, the King of Industrial and Jiangnan industrial Wangliping shareholding (Wang Ping, vice president of the Department of Peace, its 88 million shares in the Department of Peace and some of the senior executives and key positions), the annual reduction ratio is not more than 30% of the total shareholding, and set now to be completed within five years. This means that employees are less than 240 million shares a year to reduce peace.　　As a clear indication to reduce, plus 859 million shares of the market value of more than 40 billion, so in the news announced, Ping an A shares in the last February 23 fell. Until October 26 last year, just as the market for Ping an employee stocks gradually forgotten, ping an suddenly issued a notice said, New Hao has passed SSE trading system to sell China Ping An 12.8249 million shares, reduce the price of 58.19 yuan per share ~65.81 yuan. The announcement also revealed that the new Hao when the registered land from Shenzhen moved to Linzhi, Tibet. The industry speculated that the move was either to reduce the proportion of corporate income tax payments. In fact, the relocation of the move also includes the king industry.　　Affected by the reduction, ping an A shares on October 25 last year hit a stage high of 67.20 yuan, continued to decline, with yesterday's closing price calculated, the decline of more than 20%. Reduce or restrain the stock price rise earlier this year, a media report said, Ping An interior has been publicized in the second half of 2010 years, the staff investment collection held by the Ping an A shares of the income distribution Bulletin, from March 1, 2010 to December 31, 2010, Ping An staff investment collection (including new Hao when and Jing ao industry) total reduction of shares for its holding China Ping An A shares of 16.44% of the total. This means that the new Hao when and King industry last year, the total reduction volume of about 118 million shares, less than expected.　　However, there was no announcement of peace. Yesterday, "daily economic news" Reporters called Ping An spokesman Sheng, he said last October announced the new Hao when the reduction, becauseFor new Hao, the shareholding ratio changed from 5% to below 5%. As for Neuhau when the company's second year of reduction plan, he said, "This is the shareholder's own matter, last year when the lifting of the ban has told investors to reduce the plan, the company's evaluation." "Jinghua Shan One insurance industry researcher Shapin to reporters, Ping an A-shares has been very cheap, the market has considered the lifting of the expectations." But if three employees shareholder companies this year to reduce the strength of more than last year, or even reached 30% caps, then ping an A shares of the rising space will be suppressed, investors should remain cautious.