Wan Qi Competition in the "reduction tide" quietly hit the major shareholders in Hong Kong are throwing stocks

Securities Times reporter Tangsun The recent Hong Kong stocks in 17,000 points near the concussion favoured, the big city deal is showing a continued shrinking trend.　　In the market direction of the choice is not clear, many of the company's major shareholders have to sell shares are now, a time of the Hong Kong stock market to reduce the tide. Only in this week's two trading days, there are a number of companies announced pro shareholders have to reduce the move. According to HKEx information, the British hedge fund the Children ' s investment Fund Management (TCI) recently declared that, on May 20, the holdings of the exchange of Real Estate Fund (00823.HK) 1.6835 million units, The average price per unit is HK $15.3; In addition, TCI's Children's investment Master Fund also reported that, on May 22, the reduction of 2.9115 million units, per unit average price of HK $15.24, equity holdings from 16.1% Dropped to 15.96%. At this point, TCI two times a total reduction of 4.595 million remittance fund units, set now as high as HK $70 million, and its share of the shares from the previous 18.47% to 15.96%. Affected by the above news, the sink yesterday dropped HK $0.02 and closed at HK $15.44.　　Market analysts say investors may be worried that TCI will continue to reduce their holdings, which will put pressure on the future trend of the sinks. According to the information of HKEx, the capital Group companies, the investment agency, announced that it had reduced the 999,500 shares of China Shenhua (01088.HK) on May 19, with an average price of HK $24.592 per share and its shareholding from 6.03% to 6%. China Shenhua H shares closed yesterday at 24.15, down about 1.6%. One analyst believes that the reduction of Shenhua by institutional shareholders may be related to the trend of negotiations on the price of electricity coal contracts. It is reported that since the end of last year opened the key contract electricity coal price negotiations have been pending, power generation enterprises firmly opposed to the contract electric coal price increase, according to enterprise profit and loss calculation, this year, the price of coal should be reduced by about 60 yuan to 400 yuan per ton; but the coal enterprise, led by Shenhua Group, hopes to raise the coal price 10%. China Coal Industry Association, a vice president said recently, the electricity coal contract price negotiations have been held by the government departments responsible for the expected contract price will be stable at the current level of spot coal prices; Yanzhou Coal (01171.　　HK) also pointed out that the electricity coal negotiations will have a result in the near past and may ultimately be determined by the Government's introduction of guided prices. Other companies that have recently been reduced by shareholders include: Zhao Ge, executive director of Shenzhen Holding (00604.HK), held a total of 1.5 million shares on May 19 and 20th, with an average price of 3.206 to HK $3.208 per share, and its shareholding from 0.12% to 0.08%; Institutional Investor Fidelity ( FIL 2¥q) in May20th Reduction of Dalian Port (02880.HK) 2.888 million shares, the average price per share of 0.388 U.S. dollars, the shareholding from 8.26% to 7.98%, Citic Resources (01205.HK) vice Chairman Shoushi into the May 21 reduction of 1.3 million shares company shares, The shares were priced at HK $2.1 per share and their holdings fell from 0.14% to 0.12%. Another market news said Fang Hing Real Estate (00817.　　HK), an institutional shareholder of Hong Kong, on 25th, passed the BOC international placement of 43.33 million shares, with a price of HK $2.73 per share of $2.78, which was 5.1至6.8% at a maximum of HK $120 million over the close of yesterday's close of $2.93. Company name stock code recently reduce the number of shareholders to reduce the recent reduction (million shares) the shareholder reduction of the former shareholding ratio of the shareholders after the holding ratio of the share of the real estate fund 00823. HK TCI 459. 5 18. 47% 15. 96% China Shenhua 01088. HK the Capital Group Companies 99. 95 6. 3% 6% Shenzhen holding 00604. HK Zhao Ge (Executive director) 150 0. 12% 0. 8% Dalian Port 02880. HK Fidelity (fil 2¥q) 288. 8 8. 26% 7. 98% Citic Resources 01205. HK Shoushi (company vice chairman) 130 0. 14% 0. 12% tables: Tangsun