Shau the stock to buy 500 million funds

The Hong Kong stock market, the chairman of Henderson Estate (00012.HK), Shau recently made a big splash after the August 2007 through-Train news was released.　　In late May this year, he reduced his holdings of Hong Kong resources for more than half a year to less than 7%, and sold a large amount of Hong Kong real estate, more than HK $400 million, but increased its holdings of the sun-created real estate Investment Trust (REIT) to close to 500 million.　　Hong Kong Securities Investment manager Liu Chaoxiang that Hong Kong's recent stock market and property market is mainly driven by mainland funds, which are largely unaffected by the rise and fall of Hong Kong's local mortgage rates. A senior executive at another Hong Kong-owned bank, the derivative retailing department, told the weekly newspaper reporter that, according to their observation, capital inflows into key sectors such as property and finance did not see an increase in the past week, showing investors were cautious in investing. Compared with the multiple-market subscription warrants, the number of purchase orders in the empty market is more.　　In particular, can be sensitive to the city's 19,500 points and 20,000 bear card, a large number of transactions. The executive also said that the 20,000-point Bear certificate He had handled alone would have traded for HK $ more than 20 million a day, "one of the big clients bought the bear certificate, which is worth 5 million Hong Kong dollars 20,000 points." "Hong Kong Resources Holdings Limited by the reduction of Hong Kong Resources Holdings formerly known as the Sea Chemical industry, is a main electroplating products company."　　In February this year, the company was awarded HK $120 million in Hong Kong by the Company Chime Corporation, the late tycoon of the city, limited, and successfully transformed the company into a raw material trader with a successful takeover of HK $400 million.　　After the company has been a large number of rich, in addition to Shau heavy investment, the Hong Kong fund King of the Group's chairman Mr Cheah also participated. However, as resource stocks rose after March, some rose more than 1 time times, and the pullback pressure increased.　　Fortune Securities analysts even said that, according to past experience, whenever the big city fell, mainstream funds will first sell the resource stocks.　　May 30, Shau on behalf of its subsidiary of the Shau Kee Financial in the name of the sale of some Hong Kong Resources Holdings, holdings from February this year to reduce the 8.85% to 6.99%, so far only hold 40 million shares.　　Some local properties have been dumped by the Hong Kong stock investor in conjunction with the resource unit. Since the beginning of May this year, the Hong Kong market has been shau to sell up to HK $1 billion in the market. However, it can be confirmed that Shau has sold its investment in Nineth Queen's Road Central, Hong Kong, and the global building. Of these, the entire floor and 32 floor of 4/F, Nineth Queen's Road Central, are close to HK $180,000 per square metre, the highest level since the financial crisis. The two units with a total area of 650 square meters in the global building also sold HK $66 million. The total, Shau, is about HK $470 million. [Page] Increased holdings of real estate funds However, in the Shau to reduce the hands of real estate projects with, he has increased his exposure to the Sun Real Estate Investment Trust (REIT), which he founded.　　The SEHK disclosed that, on April 30 this year, Shau, the private fund of the capital, had already held more than 400 million of the above funds and spent HK $23.72 million on the basis of a $1.286 average price of HK $18.45 million and a total of 476 million. The Sunshine Real Estate investment Trust, which was listed at the end of 2006, was spun off by Shau's flagship Henderson property, with a total circulation of about 1.05 billion. Because the Shau in Hong Kong face quite big, therefore buys basically with the fund and the regal, the Mr Cheah and the Shau all have bought.　　In February this year, the fund was included in a handful of Mr Cheah's list of overweight stocks.　　In the past few years, the sunshine Real Estate Investment trust Fund's annual return of about 8%, only last year, because of the stock market landslide, the fund's return was significantly reduced.　　In fact, since last year, the value of Shau also with the stock market has shrunk, trillion-finance assets once from the more than 200 billion Hong Kong dollar narrowed to HK $100 billion, last October when the market was the most panic, the mega-finance also sold hold more than two years of Chinese life, such as Shau "heart water shares. June 25, the Hong Kong market again recorded a capital inflow, Liu Chaoxiang estimated that if the fund flow continues, the Hong Kong Monetary Authority will continue to intervene.　　On June 26, the index rebounded to 18,500 points, the first state-owned enterprises to break through 10,700 points, showing that Chinese stocks are in high pursuit. KGI Securities Asia Operations President Bin said that under the Monday-year knot and the six-month-end-related whitewashing window cabinet effect, the expected performance of Hong Kong equities will remain stable. The Dow and the U.S. stock index rose 2% as oil prices stimulated.　　However, the shrinking of the blue chip turnover reflects that the city is still in the near future. Henderson Real Estate Shareholders meeting this year, the reporter once again greetings to the Hong Kong stock market, he replied, the stock market is far from enough, and warned investors, the current volatile markets, retail investors in high order is not worth, his operation strategy is, "20,000 shipments, million two points into the goods." "It seems that the investor has been cautious a lot after last year's battle."