Suning's share price fluctuates, but turnover remains large

8 billion corporate debt financing plan announced , Jing Dong to Su Ning issued "polemic". August 15, Jingdong and the Suning easy to buy Web page attracted the consumer eyeball, while Suning shareholders overweight announcements to make the stock price trading.

But yesterday, in the rational analysis of Su ning "no more than 1 billion yuan" overweight "declaration", and saw the agency on August 15, after a large sell-off, Suning's share price jumped 2.63%, and in the whole day to keep the low shocks, the final report closed at 6.18 Yuan, the decline reached 4.48%. Turnover, compared with the volume of Wednesday when the volume of $1.72 billion has decreased, but also reached 1.07 billion yuan.

For Suning Group's overweight commitment, the industry believes that Jindong did not directly to overweight, most likely because he subscribed to the shares after the shareholding has more than 30%, in the subscription has been to the SFC for exemption from the offer to purchase obligations, if he continued to overweight, will trigger an offer to buy conditions, So the Jindong shareholding accounted for 28% of the Suning group to increase holdings.

And the Hong Kong market, also joined the melee of Gome (00493. HK) showed a slight rebound after a fall of 3rd. In the last year, Gome's share price has been as collapsed as a waterfall, with a maximum of HK $3.84 Last August 15, and by yesterday it was only HK $0.69, even if it rebounded 2.99% on the day.