Yangtze River Securities Complex Licensing Oriental securities float 58 million

Additional implementation of the previous day the last plate of the mysterious collapse of the Yangtze River Securities (000783, closing price of 13.20 Yuan), its high-profile issuance scheme finally settled. March 3, the company's shares were 8.855 million shares of a single instant hit to 12 yuan, significantly less than 12.67 yuan of additional price, the final Yangtze River Securities only successfully issued 200 million shares, the total amount of capital raised 2.534 billion yuan, for the original plan of One-third.　　The main underwriter Oriental Securities also had to underwrite 110 million shares. As can be seen from the Yangtze River Securities periodic report, 110 million shares of the stock is enough to make Oriental Securities Company's 6th largest shareholder, and the underwriting, Oriental securities have to take out 1.394 billion yuan of true gold and silver.　　Data show that, as of the end of last year, Oriental securities carrying money of 3.213 billion yuan, which means that Oriental securities to take out 43% of the money to participate in underwriting, the risk is not small. Fortunately, the Yangtze River Securities issued during the issue, a-share market and brokerage plate are good trend. Yesterday, the Yangtze River Securities after the card, and finally to limit the closing price of more than 4.18% higher.　　and Oriental Securities also gained about 58.31 million yuan of the book floating Surplus, successfully through the "underwriting door," the first pass. But the market is still wary of whether Oriental securities will be able to retreat from the Yangtze securities. Southwest Securities analyst Wang Dali that the Oriental securities underwriting the Yangtze River Securities, belong to a "extraordinary event." Because this issue does not have a lock-up period limit, so in these 200 million shares IPO early, the Yangtze River securities may face a large throw pressure. "Oriental Securities if the holding of 110 million shares do not sell, a single species to occupy too much money, not conducive to the development of such as financing and margin innovation business." Eastern securities are expected to sell only slowly or via large deals.　　"This shows that the Oriental securities to the whole body and retreat, not only rely on the market to take good opportunities, but also rely on their own standard." For the fundamentals of the Yangtze Securities, many market people are still very optimistic. Guotai in the paper, said: "Yangtze River securities are gradually becoming a national brokerage, Financial Group framework has been formed." 2010 the company's operating performance exceeded the industry average level. "Guotai gave the Yangtze River securities" buy "rating, 12-month target price of 16 yuan. Responsible Editor: NF058