Zijin Mining Chairman in advance to copy the original shareholder set up tens of billions of dollars

August 6, the Zijin mining "pollution Gate" of the 25th day, the two-tier market is calm, 6.15 yuan, a small rise. Data show that the day was the third consecutive day of net outflow of funds. Shares have risen 20% from 5 yuan. The Zijin mining stock, at least in the midst of negative news, has not sunk.　　Who's hype? Chairman of the Board in advance to copy the July 19, Zijin Mining announced the decision to stop and reform the purple Mountain Copper Wet law factory. The company also on the day of the alleged disclosure of information violations were filed for investigation.　　July 28 Night again announced vice president, Zijinshan Gold copper mine manager Chen Jiahong 27th was detained. Two big bad although make two level market low open, but quickly rebound and form rise. July 20 Trading, the net inflow of 690 million yuan.　　29th, the negative news still caused the share price rose 5.29%. Data show that at the end of June, the public raised the national Thai Gold Horse Steady holding 28.67 million shares, Bo balanced hold 15 million shares. Private placement is "big money reverse thinking, short-term speculation." But according to the Shanghai stock market, July 20, investors to the securities brokerage 80 million yuan to buy, although only accounted for 1.452 billion yuan in the day 5.51%, but if combined with other wind money will inevitably have a decisive impact on the trend. Public offering cover retreat or idle money hype?　　Industry insiders said, some funds to buy, and the previous company chairman Chen Jinghe overweight is not unrelated. July 2, Zijin mining low drive Low, the afternoon of the big single, and then gradually rose, 5.86 yuan. The next day, the announcement said chairman Chen Jinghe to buy 1 million shares in 5.71 yuan average price. But unexpectedly, its just overweight company had an accident.　　July 3, its Zijin Mountain copper hydrometallurgy sewage pool leakage, but until July 12 company announcement. The original shareholder set up tens of billions of dollars but Chen Jinghe this increase in earnings is still not small, as of August 5, there are still nearly 10% floating surplus.　　Combined with the previous transfer of equity, this investment can not but say is a beautiful arbitrage. Last June 12, Chen Jinghe sold 27.594 million shares to 9.15 yuan, of which 21 million were sold to 10 executives. The aim is said to be equity incentives.　　The previous April 27, is accounted for 33.87% of the total share capital of the first batch of original shareholder ban Day, including the chairman of Xinhua, "Fujian's richest man" Mr Chen would tree, Xiamen Heng Hing Chairman, Xiamen's richest person Coshiping and Chen Jinghe, such as personal shares, Xinhua group, Xiamen Heng Hing and other corporate shares. Although the "non-tradable" will be lifted, but from January 23 to March 30 last year, the stock price rose like a rainbow, from 5 yuan to 10.99 yuan, up 119.36%. Subsequent reports show that the Invesco Great Wall and Bo time value, Bo time selection, Bo time balance and other institutions involved. And just lifted, Chen Fashu and Coshiping on a large reduction. From April 27 to July 1, the Mr Chen would tree accumulated 294.5 million shares, a total of more than 3 billion yuan. Coshiping cumulative reduction of 74.8 million shares. Immediately thereafter, Xinhua are industrial, Xiamen Heng Hing, respectively, the cumulative reduction of 29 million shares and 135 million shares. To the end of the year, Chen Fashu and Coshiping each held449 million shares and 326 million shares have been basically sold out. In addition to the Chairman of the Chen Jinghe of several other natural shareholders to sell a total of more than 1 billion shares, the set is now up to tens of billions of dollars. But the share price is basically maintained at $9 a year. Insiders told reporters that last April 24, the company's shareholders have secretly negotiated, agreed to ban the sale of restricted shares in 9 yuan to reduce.