Share rights and raise low price stocks

The Hong Kong stock market trend was depressed yesterday, but many announced the low price shares, including Hualian International (00969.HK), China Strategic Group (00235.HK), Wang Feng International (02309.HK), the Chinese Water Industry (01129.HK), the Division of Environmental Protection (00351.HK) and global Resources (　　00761.HK) and so on, and among them, the China Strategic group rose to the top of the 110% increase.　　Lian Jinghan, a joint director of Prudential Securities, said that the recent HSI has a more obvious adjustment, the short-term outlook is expected to focus on three or four-line shares.　　After the strategy, the Chinese strategic group announced yesterday that it would allocate a maximum of HK $0.1 per share to 78 billion new shares, a total of HK $7.8 billion, and an estimated net value of HK $7.6 billion, which would be used for investment or commercial purposes, with a sale price of 0.121 Hong Kong dollar, compared with the closing price of The Chinese strategic group was courted after the deal, and the share price rose sharply, a 131.41% increase. The closing prices of HK $0.255 surged by 110.74%. Total turnover of 865 million shares, the total turnover of HK $168 million.　　Industry insiders believe that the reason for the increase in climbed is mainly due to the fact that its share-raising fund of HK $7.8 billion has sparked a market vision of potential new investment plans. A group of fund-raising rights and shares outstanding performers in addition to the China strategic groups, yesterday, there were 5 low-cost stocks also announced a rights issue to raise funds, and in the early round of the card.　　In addition to China's water sector falling 5.56%, the other 4 increases were 4.61% to 28.57% respectively. Among them, Wang Feng international trend is quite dramatic. The unit yesterday renewed its licence and announced that it would allocate up to HK $0.4 per share to a maximum of HK $60 million, with an estimated net amount of HK $58 million, to be used as the general operating capital of the group, by placing up to 150 million shares in the former new mode. The selling price was 14.89% of the 0.47 Hong Kong dollar before the suspension and the placing shares accounted for about 12.23% of the enlarged capital.　　The stock's share price surged after falling, with a minimum of HK $0.4 and a 14.89% per cent, followed by a sharp increase of HK $0.58 and 23.4% to the closing of HK $0.53 and 12.77%. Hualian International announced that investment in West Beijing and two independent persons, with a total of HK $0.6 per share, would be allocated a maximum of 100 million shares, with a fund-raising of HK $60 million and an estimated net HK $58 million. The selling price was 0.7 Hong Kong dollars before the suspension of 14.29%.　　The shares closed at HK $0.9 and surged 28.57%. The global resources for mineral sales yesterday closed at HK $0.27, or 5.88%, and the company plans to raise 34.85 million Hong Kong dollars per share of HK $0.205 for a maximum of 170 million shares, with a discount of HK $0.255 compared to the Hong Kong dollar prior to the suspension, and a 19.61% increase in the environmental protection of the Department.　　At HK $0.159. Future focus or for low price shares in Hong Kong recently low-cost shares of the stock raising spree, electronic shares Qifeng International (01228.HK) also suspended yesterday afternoon, it is reported that the issue rights announcement. The UnitA 0.054 Hong Kong dollar was reported, down 1.82%. Lian Jinghan said that the index fell to nearly 20-day line level to be supported by the rebound, short-term estimates will be in the 20-day line level consolidation. In view of the recent one or two-line stocks have been a large adjustment, the focus should be in the three or four-line shares, so yesterday there are a lot of low prices to reverse the market surge. He believes that, in the context of ample market funds, there will be a further rise in the price of low-cost stocks this month.