Large oil pipe fell nearly 2% major shareholders in a row overweight

Tianda oil pipe fell 1.89%, a 3.11 Hong Kong dollar, from Monday to a 3.4 Hong Kong dollar 52-week high position repeatedly fell back.　　In the past three months, the share price has doubled, far better than the performance of the market, in addition to the industry demand rebound support, the major shareholders in a row of overweight also a force. According to the information of the SEHK, June 9, 2009 and 10th, the large shareholder of Tianda Oil pipe Ye Shi A total of 53,000 shares in the company, the shareholding increased to 12.97%. Since May, the leaf has 7 degrees to increase the company's shares.　　In addition to holding H shares, major shareholders hold 510 million shares of the company's domestic shares, accounting for 67% of the company's total shares. The continued overweight of large shareholders reflects a long period of optimism about the growth of the company and the prospects for the development of the oil energy industry.　　And investment banks are bullish on the industry's recovery, Wanguo recently issued a report that as China's economy moves out of its doldrums, the boom in the downstream sector will be warmer, with the recovery of downstream industries, a bottoming rebound in refinery crude processing, which in turn stimulates upstream oil production, while oil-field services and equipment companies benefit from a recovery in oil demand. The report also believes that oil prices have continued to rise this year, oil prices have risen to increase oil and gas production profits, in the case of stable demand will stimulate the oil field enterprises to invest in mining activities, oil field services and equipment companies will benefit.