Minsheng Bank A-share trade premium deals 1.1 billion yuan Gaohua shout sell

Minsheng Bank (market, inquiry) (600016, closing price of 10.15 yuan) because of the Shi Yuzhu, Ma Yun and other big associates closely, has been a a-share market, one of the most concerned companies. 18th, the bank again because of a deal involving 1.08 billion yuan of large transactions again into the market focus. However, the daily economic news reporter noted that 17th Gaohua Securities issued the institute said, Minsheng Bank A shares too expensive, should be "sold." Financial profit Po, the current savings rate increased 1000% yesterday, the party to lose 65 million yuan, "Daily economic news" reporter noted that September 18, Minsheng Bank two large transactions, the total deal 100 million shares, the price is 10.80 yuan/share, involving the amount of 1.08 billion yuan. This price than Minsheng Bank of the day two market close 10.16 yuan/shares higher than about 6%.　　The bulk of the sale of the party is a special seat, the party is the hang Tai securities Hangzhou Feng Qi Road Sales Department and Guotai Shanghai Yanping Road Sales office. But the two premium bulk deals did not boost Minsheng's share price. Monday, Minsheng Bank A shares slightly down 1 cents, reported to be closed at 10.15 yuan/share, the bulk of the transaction of the total floating loss of 65 million yuan. H shares fell 0.21% per cent to HK $9.69/share.　　At present Minsheng Bank A shares than the H-shares premium 32.11%, the premium rate in all banks A+h shares ranked first. The daily economic news reporter noted that this is not the first time in the history of Minsheng Bank premium bulk trading.　　On November 3, 2011, Minsheng Bank also had 4 major transactions, amounting to $663 million, two of which were 6.9 yuan/share, a premium of 27.31% per cent for the closing price of the day, and 5.65 yuan/share for the other two transactions, with a premium of 4.24% per cent for the closing price of the day. But a premium deal on a large trading platform does not stop the subsequent adjustment of Minsheng's share price. November 30, 2011, Minsheng Bank A-share price fell to 5.04 yuan/share, compared to the November 3 close to 7.01%; the same thing has happened in Everbright Bank (market, interrogation) (601818, closing price of 2.95 yuan) body, June 4, 2012, Everbright Bank to 3.1 yuan/ The price of the shares sold 12.9 million shares, the total amount of transactions accumulated 39.99 million yuan, the transaction price than the shares of the same day the closing premium of up to 12.32%.　　However, Everbright Bank's share price fell all the way until November 30, when the fall to 2.52 yuan/shares in the vicinity only to stabilize. Gaohua look at the people's livelihood a share of the recent big guys on the Minsheng Bank attitude also let the market began to be cautious, according to the information disclosed by HKEx, directors Liu, Zhang Hongwei at the beginning of September respectively reduce the Minsheng bank A-share equity 76.661 million shares and 28.716 million shares, reduce the price of 10 yuan per share. According to this calculation, the two men are now 760 million yuan and 280 million yuan respectively, totaling 1.04 billion yuan. After the reduction, Zhang Hongwei still holds 4.19% stake in Minsheng Bank, Liu's shareholding ratioExample is 8.46%.　　While Liu and Zhang Hongwei may have their own financial arrangements in mind, some analysts are beginning to become pessimistic about their next two-tier market as Minsheng's shares rise. September 17, Gaohua securities on the cooperation between Minsheng Bank and Alibaba pointed out that, although the cooperation with Alibaba has a positive strategic significance, Minsheng Bank is expected to become one of the pioneers of the rapid expansion of the internet banking market, but from the valuation point of view, Minsheng Bank A-share price is still too expensive to give its "sell" rating To the Minsheng Bank 12-month target price of 9.0 yuan/share.　　In other words, Gaohua Securities believe that Minsheng Bank A-shares will fall more than 10% per cent a year. However, Minsheng's H shares, which had a large discount from a-shares, were favored by Gaohua Securities, giving them a "buy" rating of HK $11.30/share at a 12-month target, that is, a 16.62% increase from the current market price.