GF Securities shareholders 1.7 billion or for their additional funds to maneuver

The bulk trading market has been quite lively recently, and GF Securities is one of the "regulars".　　Since the release of restricted shares since February 21, GF Securities almost every one or two days to the bulk of the market to "report", as of yesterday, the GF Securities shareholders in the bulk of the market sold a successful sale of 43.03 million shares, the amount of cash up to 1.703 billion yuan. Exchange data show that GF securities since the lifting of the total number of 41 transactions occurred, the pen discount, the average price of 39.26 yuan/share, and its seller only from two sales department, one is the Guangzhou Whampoa Avenue Securities Sales Department, a total of transactions 33 times, reduce the quantity of 34.89 million shares, The amount of cash is up to 1.379 billion yuan, and the other is the Guangdong-Guangzhou Tianhe North Road Metropolitan Plaza Securities Business Department, which has a total of 8 transactions, the number of 8.14 million shares, the amount of 324 million yuan.　　In contrast to the seller, the number of buyers of GF Securities, there are CITIC investment, Guotai, Ping An securities and other brokerage business. By the end of last year, the first large circulation shareholder of GF Securities held only 2.1786 million shares, far less than the number of sales of two business departments. Therefore, it can be calculated that the bulk of the sale of the shares are likely to come from the ban on February 21 this year, the release of a group of shares restricted stock.　　According to the data, the number of shareholders released by GF is as high as 214, of which only 14 are companies and the remaining 200 are natural persons. And up to now, all the shareholders of GF Securities, only Wah Mao shares issued a reduction notice. The announcement said that from March 18 to 21st, Huamao shares sold 4.2889 million shares of GF Securities, realize after-tax profit of about 131 million yuan, increase the company's first quarter of 2011 investment income. For the reasons for the reduction, Huamao Securities Department staff explained, "The reasons for our reduction in January this year has been announced, and we reduce the relevant shares of GF Securities, is completely in accordance with the relevant provisions of the implementation, and there is no violation of the place, we reduce the funds obtained, is almost all used to subscribe to the directional issuance of the securities. "Last August, the GF Securities launched a plan to be no less than 27.41 yuan/share price, directed additional 600 million shares, raise the total amount of not more than 18 billion yuan announcement, this is also the history of the third large-scale securities brokerage program."　　Last week, the issue was accepted by the SFC. "27.41 yuan of fixed increase price, and current GF securities market price 41.14 yuan difference of nearly 14 yuan." This is almost a profit-making opportunity, which shareholders do not move, it is no wonder that these shareholders in the bulk of the trading market, the cash is ready to issue additional.　　"A Shanghai analyst who declined to be named said that the left hand price reduction, right hand low price issue, why not?" For the average retail investor, however, the feast cannot be enjoyed. GF Securities stocks are filled with shareholders questioned its low price issue of the voice. To this, the Guangdong Securities and Securities Department a woman replied, "We do not have a plan to adjust the issue price, the increase plan has been accepted by the SFC, we are also waiting for the message. ”