Shareholders ' sudden court ban makes Chi-Gao trading full of variables

The Liang Holdings Limited (00449.HK, hereinafter referred to as "Chi Gao"), which has been preparing for the IPO for many years, will make its first trading on the board of the Hong Kong Stock Exchange today.　　However, because of the fact that one of its shareholders was a defendant and received a court injunction, the trend of the stock price of Chi-Gao was fraught with uncertainty. Yesterday evening, at the request of the Hong Kong Stock Exchange, the Hong Kong Stock Exchange informed the high school that it had received a copy of a restraining order for the Chi-high shareholder intelligence exchange, which was the defendant.　　At present, the maritime-Yao trade in lawsuit dispute is the shareholder of Chi Hui Power.　　The restraining order stipulates that Hoi Yiu trade is prohibited from trading, mortgaging or selling shares of Chi-Hui's power, and Chi-hui is a highly motivated shareholder, assuming that the excess shares have not been exercised and that they hold about 2.66% of the issued shares after the global sale is completed. Hai Yao trade is required to promote Hu Beida, a power director, not to sell, mortgage or sell assets, especially related shares, without the prior written consent of the plaintiff or the High Court of Hong Kong.　　Any person who contravenes a restraining order may be sentenced to imprisonment, a fine or forfeiture of his assets.　　Anxious to clear off the high aspirations of the relationship, last night in the announcement said: Chi-hui Power has promised high, the power of the relevant shares will be listed on the date of the 6-month lock-up period limit, without the high, sponsors and other prior written consent, intellectual power should not be in the lock-up period to sell the relevant shares. Zhi Gao air-conditioning a responsible person in an interview with CBN last night, said that the restraining order is not directly related to Zhi Gao, and the restraining order related to the power of Chi-hui in a few years ago has become a high shareholder, is a pure financial investors, and did not participate in the management operation of high ambition.　　Therefore, the restraining order has no effect on the stock trading of the Hong Kong SEHK today. Chi Gao intends to issue a total of 72.5 million shares worldwide.　　Of these, 65.25 million shares will be sold for subscription or sale under placements, and 7.25 million shares will be sold in Hong Kong on a public offering.　　June 29, Chi Gao said the price per share will not be higher than HK $2.27, and is expected to be no less than HK $1.50.　　Yesterday, Zhi Gao, the head of the official said, because of the recent public offering has been heavily oversubscribed, so the price of Chi-high shares finally set at HK $2.27/share.　　At that price, the Hong Kong listing was financed by HK $165 million. When the CBN reporter asked "Why so little money" to raise questions, Zhi Gao said that the purpose of the listing is not "circle money", but for the company to provide more financing channels to increase the company's visibility.　　The amount of fund-raising is based on the development needs of volunteers, mainly for the promotion of commercial air-conditioning scale and capacity and visibility. Zhi Gao has been known as "in the domestic second only gree, the United States, Haier's fourth largest air-conditioning manufacturers." However, the CBN reporter from the statistical data learned that the first quarter of this year, chi-high air-conditioning retail sales ranked seventh.　　According to statistics from industry online, the first quarter of this year, the volume of chi-high air-conditioning exports is also the seventh place, down 24.1% year-on-year. Guotai HomeElectric industry analyst Fangxin that the air-conditioning industry is relatively mature, competitive traditional industries, so the chi-high stock does not belong to the imagination of the larger "growth stocks", the listing of funds to raise relatively little. Because Zhi Gao Chairman Li Xinghao owns most of the company's shares, and Chi-hui is only a small shareholder, so its injunction will not affect the value of the stock, but it will make the number of shares in the normal circulation of a reduction. The psychological impact of the matter on investors is also difficult to judge.