Wenyao please resign or because of peace forced Palace home to stop

Wenyao resigned. On the evening of September 17, the City of Shanghai (600315). SH) A brief announcement that Wenyao applied for retirement, citing age and physical health problems. At the shareholders ' meeting a few months ago, Wenyao said he wanted to do two or three more years. The battle between Wenyao and peace seems to have ended. But, on September 18, the market did not wink at peace. Shanghai home to the 18th open a single 46.44 million selling orders to fall, even in the early plate a single 60.87 million buy also failed to let home to get rid of the plate. Chengmenthe, implicating. Heavy warehouse holders of the Shanghai home of the major institutions are undoubtedly a heavy loss. 2013 two quarterly data showed that easy to reach the value of growth, social Security 117, add rich growth focus, the sustained growth of the bank and other funds total holding the company's total capital of 45.69%. As of 2013 two, a total of 226 funds to buy Shanghai home. Now, in front of the major institutions is a more serious choice, to go or stay? September 18, our correspondent calls Wenyao, but its phone has been unanswered. Sudden retirement candidate into the biggest focus "unexpected, understandable." Thank anti-trust mechanisms, analyst with Qilu Securities, summed up his feelings about Wenyao's sudden resignation with this remark. In the middle of May, when the Wenyao of Shanghai home to the chairman of the Peace Trust with the outbreak of the dispute, things are evolving, although in two days after the shareholders ' meeting, peace and Wenyao both pose a conciliatory gesture, but the two sides of the dark gap has been born. However, Wenyao at the shareholder meeting said: "Another two or three years, even if I retire, Shanghai home will also be able to develop smoothly, see the major shareholders give this two or three years." "From the present results, the majority shareholder is not given the time of two or three years." "said a fund manager with a Shanghai-owned home. "But Wenyao resigned in less than six months, which was unexpected," he said. "We didn't know that before," a shanghai-based home official told reporters. But now it seems that GE's departure is hard to change, and we are sorry. At present the company is very stable inside, the operation is normal. As for the whereabouts of Wenyao and the next chairman of the board, these people said there is no news. "Wenyao was a consultant to the National Fashion Fund not long ago, and combined with its previous obsession with seagulls, the Wenyao should continue its Chinese luxury path," said a private-equity official with a Shanghai home. "And for the reasons for the announcement, the private equity holders hold the View:" In May shareholders will Wenyao look at the tough, talking and laughing, age and physical reasons I hold a reservation. And he was pushed before the home of the new baby brand set up early, willing to do so to dispose of it anyway? "For the candidates for the Shanghai home-president, there is now a divergence of opinions. The Chairman of the general manager, who was Wenyao by the high hopes of the shareholders ' meeting, was considered to be the best person, but the question of whether or not to agree is safe. "When the shareholders ' meeting, Wang said that the management had five or six years to play," said the private-equity person, hoping to Wenyao for another few years. The king may be a vine.Wen Yao, if he came to power can be regarded as the continuation of Wenyao related business philosophy, home stability will not be a problem. However, if the other side of the safety of the staff may cause domestic dissatisfaction, not conducive to the development of home. I am still on the sidelines. "The 226 funds are facing a decision to hold a wait-and-see attitude," said the fund manager. He admits: "We also belong to more positions, there are several funds together." But today's fall, I think it is not a mass escape, did not appear stampede phenomenon, Wenyao as a home leader figure, turnover short-term impact is large, long-term look, the performance of home support is still guaranteed. "Statistics show that up to the two quarter of 2013, a total of 226 fund agencies into the Shanghai home, a total of 300 million shares, accounting for about 45.69% of the household circulation shares in Shanghai, and after this fall, the institutional shareholding market value evaporation of 611 million." Among them, the fund losses the most serious, it has 16 funds to buy, a total of 45.38 million shares, the market value of evaporation 243 million. The data also showed that many funds were two quarters before entering the home of Shanghai. In the first quarter of 2013, there were only 82 funds in Shanghai, with a total shareholding of 158 million shares. In the two quarter, the number of funds and holdings rose by 175%, 88.6% respectively. The private equity said: "Wenyao at the shareholders ' meeting to say another two or three years, and many funds are to the shareholders will see reconciliation only to be added, now Wenyao suddenly resign and be pits, is really more depressed." The fund manager said: "Shareholders will indeed have an impact on the purchase behavior, but the greater should be the performance of the housekeeping to judge." "At the same time, the Shanghai home is still expected to have the letter Tatsu Securities chief analyst Guo Jing Pu." He said: "I still optimistic about the Shanghai home, in our report, has not been the long-term investment value of Shanghai's home is entirely attributable to management or Wenyao individuals." "If there is any possibility of home ownership after the peace," he said: "Ping An is a shareholder of the family group, for financial investors, it should increase the efficiency of the use of funds, consider the sale of some of the liquidity of the group's assets, but the listed companies here Ping An is only the largest shareholder The sale of major assets will also be the resolution of the board and shareholder agreement.