Fund pushes Suningyun business market value Sprint 90 billion

The first trading day after the Mid-Autumn festival, the two Cities Index Gaokaigao go, Prev regained 2,200 points, a stock is full bloom. As the leader of E-commerce, Suningyun Business (market, interrogation) to undertake the rising momentum before the festival, yesterday again trading.　　Financial profit Po, the current savings rate rose 1000% September up to 50% disk display, yesterday Suningyun business to 10.92 Yuan, and then along the full daily price near the shock. Open in the afternoon about 10 minutes, in the incremental funds involved, the unit rushed to trading, and closed to close.　　As of the close, the unit closed at 12.01 Yuan, the whole day transactions 3.13 billion yuan, compared with the previous trading days before the 14.7%, the turnover rate of nearly 5%. From the historical trend, since the beginning of 2008 to create 74.84 yuan (the right to recovery) of the historical high, Suningyun business experienced a period of dormant for nearly 5 years. As of June this year, the unit had a minimum of 4.56 yuan. 　　At this point, in the transition to E-commerce, consumer warming expectations, and the first retail business concept of private banks, such as a number of positive stimulus, within a few months, the Suningyun stock price soared, September has been a rise of 50.13%, the current market capitalisation has reached 88.67 billion yuan, is expected to rise to 90 billion yuan.　　Institutions have now obvious differences in public trading information shows that yesterday, the agency and the hot money in a big step in the intervention, become the power of the stock rise. Yesterday, in the purchase of two of institutions dedicated seats to buy 102 million yuan, in accordance with the unit's full daily average price of 11.61 yuan, its buy 8.8097 million shares. Not only that, in the purchase of a seat of the national securities (market, interrogation) Shanghai Hongqiao Road Securities Business Department also bought 259 million yuan, one of the active hot money in the market Guotai trading Unit (010000) in the unit to buy three seats, buy 98.542 million yuan. All three of them bought a total of 460 million yuan, accounting for yesterday's turnover of nearly 15%, far more than the first three seats sold 240 million yuan. It is worth mentioning that the sale of two is also a special seat for the organization, selling 59.185 million yuan.　　Given the current rise in the stock, it is natural that there is a divergence of views between institutions. 　　In addition, the market is generally considered to be the location of the QFII seat of the high-China securities Beijing Financial Street securities business, yesterday also appeared in the shares of the sales of four seats, thrown 47.894 million yuan. Interestingly, the public information of September 16 shows that the organization's disagreement with the Suningyun business is at a glance. On the same day, buy two and buy four are agency-specific seats, total buy 108 million yuan.　　At the same time, the sale of one and four seats is also a body, a total of 195 million yuan sold.　　The research institutes also have different views on the transformation of the Suningyun business, and the research institutes have expressed different views. Group Yi Securities (Hong Kong) Limited released a research report, said the company's large-scale open platform strategy, showing the acceleration of the transformation of the power of the determination, direction and ideas is undoubtedly correct. However, in the long run, we must continue to observe the improvement progress of the easy to buy platform. In the short term, corporate profits are still subject to double priceImpact, the risk of a decline in margin, so maintain "neutral" investment advice. There are similar views on Ping an securities. It believes that the company's successful transformation of the cloud business model, on the one hand depends on whether the core category, for the company to bring traffic and viscous users of rapid growth, on the other hand, rely on the back-end supply chain system of continuous improvement, is essentially the continuous upgrading of scientific and technological strength. Investors are therefore advised to focus on and track these key elements.　　In addition, the consumer recovery is lower than expected, online shopping for traditional real-store impact accelerated, back-office supply chain construction sluggish, the traditional 0 relationship changes and many other factors, may also lead to cash flow, the proposal to maintain a "neutral" rating. CICC has different views, that the Suningyun business transformation to do internet retailers, can be said to achieve "cornering overtaking." Its core is that the company will fully access the three-dimensional service consumers and suppliers of the big platform. The far-reaching impact of the company's transformation, it believes that the company's market share, economies of scale to bring about the recovery of profit margins, will become the continuing momentum of price rise, reiterated the "recommended" rating.