The end of the car feast has hidden concern institutions fled the peak heavenly

"Six months a day to sell the car"-this is in Beijing recently for the car to plug the New deal, the media to the crazy auto market used the most words.　　Beijing's car dealers are sharing the unprecedented feast of the cold winter, but it is clear that this short-lived carnival will not dispel the worries of the capital markets over the car dealers ' feast.　　Affected by this anxiety, the peak of Heavenly Creations (600335, closing price of 17.78 yuan) in the imminent completion of asset restructuring to transform the car trade, the agency's former darling, but the institutions were relentless sell-off. Institutions fleeing the peak of yesterday's heyday of the trend is quite weak, slightly high after the way to kill, early plate deep down about 6%, low after the consolidation of the next city, in the morning share price has been sealed off the plate, to the close of more than 2 million shares of the sale of a single sealed on the plate, the whole day to change the hand rate of 3.07%,　　The transaction amount is 160 million yuan. The Shanghai Stock Exchange information shows that the organization became the main force to kill the shares. The first 5 seats sold all day total sold 81.54 million yuan, of which institutions occupy the top three seats, the total sold 67.82 million yuan, and two institutions to buy a seat about 15.13 million yuan, the Yangtze River securities Chengdu Guanghua Village Sales department to buy about 9.77 million yuan, become the main buying,　　But the amount of buying and selling is clearly not at an order of magnitude. It is noteworthy that only a quarter ago, the peak of Heavenly creations also favored by institutions. Three quarterly reports show that the above investment Morgan domestic demand power fund led by the 7 institutions held in the unit, institutional investors total shareholding ratio accounted for 31.88% of the company's circulation, of which on the investment of Morgan domestic demand 11.92 million shares, the heyday of the capital of the circulation of 7.25% of the stock, ranked the first in the circulation of A senior strategy analyst, who declined to be named, said: "In the form of a large retreat, some institutional chips may have taken the lead in high consolidation."　　"Future performance growth or slowdown according to China Merchants Securities research shows that to the heyday of the traditional machinery assets replacement in the automotive trade, in Beijing, including Mitsubishi, Opel, imported Volkswagen, Chrysler, Guangzhou Honda and other 8 4S stores, there is also an import car E-commerce company, an old motor vehicle brokerage company. "The market response is obviously excessive," said Wangliucheng, an analyst for China Merchants Securities, who was interviewed by the Daily economic news, "a recent Beijing policy of blocking new policies on car purchases will impose limits, and the market fears will affect future car sales in Beijing, triggering a sell-off." "According to Beijing's new policy, the introduction of the small passenger car (small passenger vehicle) implementation of quantitative control and quota management system, in the way of free distribution of passenger car allocation indicators, institutions and institutions no longer new official use of vehicle indicators, 2011, the total amount of passenger cars in 240,000 vehicles, That means about 20,000 vehicles per month. The share was reduced by about 70% per cent from the 800,000 licences expected to be issued in Beijing in 2010.　　Therefore, Gaohua securities that the new deal will significantly reduce the demand for car buyers in Beijing. A senior"As the negative impact of new policies on car demand has been determined, the performance growth of car sales companies may be in the slowing cycle," said market strategy analyst. "Wangliucheng said:" In terms of business volume, the Beijing region's business volume accounted for the total revenue of the gas trade limited, but the specific digital companies have not disclosed. Moreover, the import and export trade in the foreign original imported high-end car, its own customer audience positioning in the middle-grade demand level, so the future sales despite the impact, but may not be too pessimistic. He also said that the current situation of the integrated import auto industry and the Beijing licensing policy can be judged that Beijing will have a negative impact on the 2011-year sales growth, but it still needs some time to prove the inflection point of the company's performance.