Northeastern Electric 10th doubled market capitalisation Buffett sparked wild speculation

The Northeast Electric H-shares, which have risen more than 80% per cent in the last nine trading days, continued to warm up in the last few years, after a half-high to HK $1.6, and the shares surged 15.49% to HK $1.64, trading 686,000 shares, and the market capitalisation of nearly 10 trading sessions doubled. The city's chips are in pursuit of power or from the rumors that Buffett may buy a stake; According to a rumour quoted in the Shanghai Securities Daily, Mr. Buffett made clear at the beginning of the month that China's vast rural areas will have a huge demand for grid equipment in the future, so he intends to take a large stake in the Low-cost state grid equipment stocks under China's permission.　　The rumor is that Buffett is currently with the Northeast electric major shareholder Hong Kong Central Clearing (agent) limited to discuss the transfer of shares. Data show that the Northeast Electric now because of two consecutive years of losses and has been implemented risk warning treatment, the first quarter is still not out of the shadow of losses, restructuring demand is strong; and at the moment it was calculated at the closing price of the AH price difference of up to 224%, the pursuit of the H In addition, the State Grid company and the southern Grid company in response to the country to expand domestic demand macroeconomic policies, has issued in the next few years to invest 1 trillion yuan and 400 billion yuan for power grid transformation of the favorable policy, the domestic transmission and transformation market in the next few years will still be a lot of development space for the company to expand the main business provides a good opportunity.　　Market chips or thus swarming in pursuit.　　But Northeastern Electric's Dong Zhu Xinguang in an interview has been the latest clarification, the company still has no reorganization matters and plans. Northeast Electric A-shares (000585-CN) today due to the above-mentioned information needs confirmation and was temporarily suspended, the last trading day Trading (5%) to 4.05 yuan.