Huatai Securities Network under the lifting of the release of the Chinese fund floating losses billion

February 26 This year, there are 5 new shares at the same time listing, three months later, May 26, 5 stocks have 2 break, participate in the network to purchase the institutions of all quilt cover, including The Good Sword Walk Slant Ace fund manager Wang Yawei. Yesterday, Huatai Securities (601688) and Wan Shun shares (300057) of the network under the lifting of shares, the two stocks have fallen below the issue price. Huatai securities issued by the cold reception, participation in the network under the placing of the institutions only 50, the proportion of up to 33%, the issue price from the upper limit of 22 yuan down to the lower limit of 20 yuan, the agency passively eat into a large number of stocks, and to endure over three months of restricted time. Trump fund manager Wang Yawei management of the Chinese market and Huaxia Strategy Fund impressively appeared in the purchase list, respectively, holding 3.9387 million shares and 1.9693 million shares, triggering a "Wang Yawei effect", after the listing of Huatai's share price rushed up to 23 yuan.　　But only rely on "Wang Yawei effect" Obviously can't hold the plate so big Huatai securities, but also the stock index of the tumbled, since April 19 Huatai all the way down, in Friday to create a new low of 14.21 yuan, break margin of nearly 30%. Even at the closing price of the Tuesday, the 235,368,275 shares under the net have already let 50 institutions float 1.019 billion yuan.　　Among them, Huaxia fund management company's 4 funds have been allocated 27,242,456 shares, floating loss of a total of 118 million yuan. Yesterday under the network under the release of shares, Huatai Securities and million shun shares fell, indicating that the body has chosen to cut the meat off the field.　　Huatai sold 76.3907 million shares a day, down 2.74% to 15.24 yuan, more than the price of 4.76 Yuan, Wan Shun shares all day 5.9376 million shares, down 2.63% to 17.05 yuan, the price of the evaporation of 1.33 yuan. Fund to play a new two or three line in addition to Huatai Securities, Wang Yawei participate in the purchase of the Sea of the Puri (002399), Canton Tatsu (002410) although has not been lifted, but also were brutally break. including Wang Yawei management funds, 10 Huaxia funds to the canton to reach the "favor" has been added, with about 458,500 shares, but this week, two on the day to break, but once the "concept of the richest" market sensation of the Sea (002399), but also tied up 8 Huaxia funds. Even if there is no Wang Yawei, the other Chinese funds for the purchase of shares, but also continue to have tragedies. Serious break of the South power supply, Connaught its 4 and 3 were locked up in the Chinese department of funds.　　Yesterday's listing of the Canchi Pharmaceutical (300086) and to the Chinese fund Tim a knife, hold the Chinese advantage, the Chinese prosperity, China blue-chip, China steady growth and other 6 funds. In the new share purchase Waterloo, certainly make Huaxia fund on the high price issue of new shares is very annoyed, also appeared recently quoted Price angered Shengkang shares. Shengkang shares May 19 before the Internet release, in the preliminary inquiry, the Chinese Department of 7 funds only give 9 yuan of the purchase price, substantially lower than the end of the final 19.98 yuan, triggeredKangsheng shares executives dissatisfied. The current weak market, the high valuation of new offerings, is indeed a test of the fund's ability. In the recent issue of several new shares, the fund has gradually retreated to the two or three line, the main purchase has become a corporate annuity, brokerage, insurance funds. For example, the net placement results of Kangsheng shares show that only 4 of the 76 requisitioning agencies are funds.　　The Monday issue of the Central Plains Special Steel, its net placing only 10 institutions response, only 1 bond funds very carefully to purchase 5 million shares, but because the participation of the organization is too small, eventually ate 834,200 shares. Ding Yanfang