| Back to logs list
newspaper reported yesterday, Pattern as a new round of telecom restructuring in the death
Today, the newspaper for you to try to uncover
a valuable clue is, when people think that China Unicom is the organization to produce a
stage
A shares received from the limit to the H shares are the fault of Yin , China Unicom A shares was temporarily suspended, due to Day, while China Unicom H shares rose 11.86%, to close at 18.84 HK dollars.
then, China Unicom was off 10 days of June 3, China Unicom A, H shares resume trading at the same time, but due to the existence of two different exchanges trading system, resumption of trading time differences - A shares the exact time of resumption of 10:30, H shares resume trading time is 10:00 , A shares over H shares half an hour late - and that half an hour, hindsight can be described as critical,
that day, it is this: China Unicom H shares opened sharply lower after resumption of trading, less than half an hour or more than 10%, and its sluggish performance directly affects the A shares; so just pull resume trading after the daily limit of less than 1 minute , China Unicom A shares slumped all the way will ultimately fell 1.54%, to close out a
in A, H shares extensive heat integration meeting today, H shares A share is bound to affect the trend of the trend, therefore, Yupo Unicom At this point, a number of renowned international investment bank, a series of unusual behavior, brought to our attention.
warrants the creation of a passive
behind international investment bank sold some of Unicom
first large-scale international investment institutions, most recently a large number of reports issued by China Unicom bearish, but telecom restructuring plan announced in the past, the basic is to see and more. Previous telecommunications market restructuring plan is expected to announce the fact with no substantial difference between what is The answer is simple: interest.
One might ask, how to profit through short selling Unicom? In fact, the more accurate point that should be to reduce the losses, because those investment bank bigwigs before the creation of a large number of China Unicom warrants. As of June 2008, the major investment banks issued a total of 13 warrants Unicom, more surprisingly, that all 13 warrants warrants, and the maturity date from June 2008 to 12 to months, 2008 August 31 before the expiration of the maximum, a total of eight. Big brother figure these people will not be unfamiliar, the Netherlands Bank, Citibank, Deutsche Bank, HSBC, Swiss Bank ... ... and, the creation of a startling number, such as Michael called the United Bank of eight hundred and nine A, E, created by the number as high as 392 million copies.
necessary to explain the creation of Hong Kong's warrant system. Current practice is to require the mainland issue a warrant for each fully secured mortgage needs, while Hong Kong stocks warrants the creation of the current system, only to set the eligibility threshold for the issuer, the issuer does not control hedging transactions, and no warrants deliberately provided cancellation system, warrants to the market maker trading system. From the investor's point of view, warrant investors tend to sell near the expiration of the warrant issuer to lock in profits or cut losses.
Obviously, once the resumption of China Unicom shares soared after the transaction, warrants issuers in the coming months will incur heavy losses. Therefore, only been in the news of venting, in the underlying stock on the short, to achieve their sinister purposes.
there are comments that resulted in such and such reason is that these international big firms miscalculated the date of telecom restructuring. They are expected to re-at least until after the Olympics,
Monopoly industry - Qzone log,
new balance running shoes, so the majority of the warrants expiration date in September in the year before. Contrary to their expectation is that the telecom restructuring in a number of
The performance effects can be described as very obvious. We see that yesterday, these warrants are basically down, and some huge decline, such as the United HSBC eight hundred and six share fell 33.3% yesterday, the joint purchase of Deutsche Bank fell 15.63% eight hundred and seven, eight hundred and six in the Union Bank of Michael A 14.29% decrease. Can be said that the international investment bank managed to avoid massive losses.
narration
some market participants that the sell into has no meaning. They believe that the stock market outlook, rose drop probably will not continue, the trend is likely to maintain the shock.
For June 3 chase into the daily limit of investors, some analysts believe that there may have to face with the 48 yuan to recover the oil by the same fate.
1.2 billion defeat death squads carry four times Unicom was still dead
Jiangzhuang ambush scene three years ago, or are killed by a reporter Zhu Xiuwei reproduce
from the bottom of each of the recent A-share Chengdu
do anything they want the hot money market, the market focus, its powerful operating practices, profit as lightning speed, so many investors staggering, but the miracle is not performed every day, they also have experience of hot money, Unicom
resume trading on Tuesday for a war, death squads, a number of well-known business department heavily invested 1.2 billion strong to do more, but China Unicom has plummeted in the daily limit of nearly 20% after the opening bell, manufactured in this tragedy, it is a recently died down, into the strategic defense fund have. Insiders pointed out that three years ago on the death squads are hunting in the East Baolong scene or will occur again.
6 �� 3 �� resume trading after China Unicom's market performance, verify the word again - good cash is bad, it is often said that Perhaps the most
SSE data confirm this. Joint war
hot money is the recent restructuring of telecommunications is an important concept of speculation, the communications sector as early highlight Ruoshi some great stocks rose, such as defender or nearly 60% of the maximum Guomai, supposedly in the reorganization is considered to be the biggest winner of the China Unicom,
new balance shoes, will have good performance on resumption, it was even thought that at least there will be three daily limit, but the performance of China Unicom, after resumption of trading is eye-popping.
6 �� 3 �� 10:30 Unicom open daily limit that is sealed, but one was quickly eaten quickly closed, the rush of selling to China Unicom broke down from the board limit, the whole process in less than a minute completed, followed by China Unicom shares crashing, closing at 9.59 yuan, down 1.51%, amplitude up to 12% throughout the day, simply enter the same day early recovery suffer a limit, who is one of the victims?
SSE data show that the number of day to buy the top three are all familiar with the business department, namely, Hangzhou Hushu South Soochow Securities, Everbright Securities, Ningbo Jiefang South Road, South Jiefang Road, Ningbo, China Galaxy Securities, all well-known The daily limit death squads business department, the national gathering place for hot money, and the next, but they are the South Hushu
Soochow Securities sales department in Hangzhou in the last two years of death squads Historical data show that in one day invest 700 million yuan to buy a stock, there have been only twice in history, in addition to the Battle of the China Unicom, as well as April 25, 2008 purchase of CITIC Securities. In addition, two of the country's old letters floating capital securities business department, sales department TaiRan Road, Shenzhen and Guangzhou Dongfeng Road Business Department also appears in the top ten in the bid.
as well as joint, hot money reached the Unicom group, attempting to telecommunications on restructuring this golden opportunity to make a small fortune, but do not want to hit
middle of the day of hot money funds buy ambush
Unicom chips, mostly from funds that day,
new balance mens, bodies float caps to lighten up as much as 5.56%, net sales of approximately 5.8 million shares, can be said that organizations are in the wild sold, the amount of days that day also hit turnover, total turnover of nearly 93 million.
transactions in the first ten seats sold, the first all nine seats on the fund, and sell a huge amount of more than 1 billion, especially the four fund companies, such as funds sold 460 million yuan 609, 616 sold 3 billion fund, the Fund sold 270 million yuan 651,
new balance sneakers, 638 sold 202 million fund. The proportion of body positions in one day from 28.8% down to 23.2%, which is the highest since last year institutions to lighten up the day.
chips in the hot money to take over the fund, the next two days, China Unicom's market performance is terrible, and after resumption of trading sharply lower on the second day of direct, all-day oscillation in the vicinity of 8.90 yuan to close at 8.71 million, a decrease of 8.86%.
yesterday's performance is weak, both intraday rebound several times without success, to close at 8.67 yuan, a decrease of 0.80%. From June 3 the highest point of 10.71 yuan to 8.67 yuan yesterday, down has reached 19%,
new balance outlet, death squads with heavy losses.
from Unicom trend of view, hot money is almost no chance to get out, the loss of at least 10%, that is, just South Hushu Soochow Securities, a loss of Hangzhou, to more than 70 million yuan, according to a press statistics, loss of 30%.
Unicom War described as
deep cover of them become addicted
6 dated 4 transaction data shows that in the short term after being hit several large sales department did not resolutely stop death squads out, choosing instead to stick to. 3 June to buy 745 million of Soochow Securities sales department in Hangzhou South Hushu only sold 58.95 million yuan, only a fraction; and bought 143 million of the liberation of South Road, Ningbo, China Galaxy Securities is the flesh as well, two Days lost more than 30 million yuan; the liberation of South Road, Ningbo, China Everbright Securities is not a big operation, did not enter the trading of the top ten, and June 3 of its total up to 286 million yuan to buy.
death squads under the previous limit the experience of opening a direct pull, some market participants that the daily limit of 167 million shares of China Unicom is likely to pay for death squads play, so the cost to buy China Unicom about June 3 near the limit price of 10.71 yuan, China Unicom's closing price yesterday was 8.67 million, the hot money have paid a painful price, Soochow Securities hushu South Road, Hangzhou, losses of up to 1.3 billion, the liberation of South Road, Ningbo, China Everbright Securities losses will be more than 50 million yuan.
can say that China Unicom a war, death squads were In addition, institutional differences between China Unicom currently funds more serious, have to buy to sell, but the whole body on June 4 still show a net outflow of funds the state.
ambush was 4 times in history, death squads, not the first time by plot, Oriental Baolong three years ago, the death squads who have been Jiangzhuang ambush also had also suffered heavy losses.
2005 �� 2 late May, the Oriental Baolong (now ST Baolong) share price transaction, limit, limit-down alternately. Hot money figure represented death squads frequent. According to information at the Shanghai Stock Exchange in 2005, February 21 to 23 consecutive daily limit Oriental Baolong process, members of the famous daily limit death squads, such as Shenzhen Guoxin Securities Hongling Road, South Jiefang Road, Ningbo, China Galaxy Securities, etc. appear in almost daily Top 5 stock trading volume and turnover is increasing. February 21, Hongling Road, Shenzhen Guoxin Securities Department of the Middle East Fang Baolong business transactions only 47 million; February 22, South Jiefang Road, Ningbo, China Galaxy Securities Sales Department, Hongling Road, Shenzhen Guoxin Securities respectively to the 1.96 million sales , 890,000 yuan in Oriental Baolong day trading turnover of the top 5; February 23, South Jiefang Road, Ningbo, China Galaxy Securities Department of Oriental Baolong business turnover reached 8.82 million yuan.
2 24 February, the trend of Oriental Baolong limit but never became a limit, and the release day of 1079 trading volume of shares, turnover up 43%. The date of the liberation of South Road, Ningbo, China Galaxy Securities trading volume of stock sales department 62.54 million yuan, accounting for all stock turnover for nearly half of 130 million yuan. 25 Oriental Baolong continue to limit, and the liberation of South Road, Ningbo, China Galaxy Securities securities business department continues to 19.7 million yuan again listed in the intraday loss of 15% of average flesh out the premise of the results.
by this blow, the next few days, death squads greatly affected, significantly reduced the number of stock price limits, and the data released from the exchange to the liberation of South Road, Ningbo, China Galaxy Securities, led death squads securities business department staff in other None of stocks on the list, that bookmakers Oriental Baolong to death squads were decimated.
this way for the October 14, 2004 Airport shares after opening the liberation of South Road, Ningbo, China Galaxy Securities Sales Department in the intervention session was closed limit up, but soon they used Zhuangzi start.
in the dormant fund the context of the regular army, led to hot money funds to the active market-based offers hope, but also from a market point of view, hot money to pull a continuous short squeeze-style approach to the market to stop the infinite imagination , but this style of operation also has considerable risk, investors must be careful when you follow the trend. From a statistical point of view, those who are
Unicom A duty by 18 billion stock market dragged down stocks wiped
3G Beijing Morning Post Jiao Likun
Although telecom restructuring has not exceeded industry expectations, the stock market but still bring fell for two consecutive days.
Morning News (press Jiaoli Kun) China Unicom A shares (600,050) decline is not reduced, re yesterday, has fallen sharply, up to 8.86% decline in market value evaporated in one day about 180 billion. The day before yesterday, China Unicom A shares have staged a dramatic scene: Open daily limit, closing down 1.54% Shique, to close out a The performance of the chase of the investors are quite upset. Wang
investors limit price 10.71 yuan on Tuesday to buy China Unicom robbed, the thought can make a big, not a hand to throw tens of thousands of single quickly suppressed the price down. More depressing is that yesterday and almost hit bottom, Mr. Wang has been a loss of two days must register as Wang
quilt, of course more than one person, in the May 23 heard the first news of the investors who telecommunications restructuring, many in the afternoon before the suspension of the Unicom to get into and look forward to earning windfall profits. However, it is aggressive oncoming sell into.
Unicom's
the Chinese capital in Hong Kong Telecom shares plummeted following the day before yesterday after the group yesterday, still annihilated, and good fall significantly narrowed. Among them, China Unicom (0762.HK) fell 4.28%; China Telecom (0728.HK) fell 0.81%; China Netcom (0906.HK) fell 3.39%; China Mobile (0941.HK) fell 1.22%.
Unicom is currently the trend of institutions differ greatly, the basic split into two factions: one that Unicom A shares valued at about 8 yuan; the other side is reported at high prices, promising prospects for the new China Unicom. reduced space is small.
SW analyst Tang Mingjun believes that the day before yesterday from the institutions of Hong Kong stocks plunged a large number of collective shipments,
new new balance shoes, it should be stabilized to the joints. Unicom A shares there is a certain callback pressure, difficult to support current price levels, there are risks.
Monday, China Telecom announced the acquisition of China Unicom's total 110 billion yuan CDMA, while China Unicom and China Netcom will share swap merger. The program has not exceeded industry expectations but the stock market led to a
yesterday, the latest news that China Unicom's Macau Unicom Unicom Huasheng and not on the list are purchased, the former China Unicom CDMA mobile phone franchise company, their fate caused the market's attention. China's telecommunications, said in early September will be initially completed the acquisition of the C network, and sort out all the details in the end of November. China Unicom fell
funds allegedly driving force behind the firm sell into a lot of throwing a single non-Yi
China Securities Journal reporter easily
�� Non-Shenzhen listed companies reported
some major restructuring of the market effect, the Fund and June 3 resumption of China Unicom, has not been out of the many investors expected the strong, but under selling pressure in the large single from opening all the way down when the daily limit, closing the day down 1.54%, volume up to 9.292 billion yuan. TOPVIEW The data show that the promoter of the day fell mainly fund. They sell into a large number of throwing a single firm, the The next two days, China Unicom shares continue to fall, June 3 to buy the
Behind the scenes hand; day net buying in the first ten seats on the seat in addition to Fund No. 666, the other full of hot money, the liberation of South Road, Ningbo, China Everbright Securities, Soochow Securities Hangzhou Hushu South and other and the Fund can be said to be defeated in battle.
In fact, China Unicom launched the restructuring plan, some organizations believe that the industrial restructuring at the details of the transaction is not unexpected. China Netcom, China Unicom merger price high, and the sale of CDMA business lower prices than the market expected. In addition, the agency that is difficult to see the short term for China Mobile, China Unicom and other operators of asymmetric regulation policy, and asymmetric regulation policy for the relatively weak strength of China Unicom, the role of competition in the market is self-evident .
had funds for the restructuring plan of China Unicom's high hopes. On May 23 before the suspension, the Fund has continued to buy, which 22 May net buying of the top ten from the funds of which seven seats, 23 May net buying of seats in the first half of the ten Fund occupied. Which appeared in the June 3 business department
the control of the Fund trading seats, can be found in the practice of some very obvious short-term Ji Jinbo, the most prominent is the funds two seats 651 and 657. The two seats in May 23 of the top ten net buying were buying 097 million yuan and 1.07 billion, soon appeared in the June 3 net sales of the top ten. must guard against short-term speculative
beat Now need to consider is how to prevent the short-term speculative fund investment behavior, really protect the interests of fund holders to maintain market stability.
studies have pointed out that this year is the integration of assets. The first is to complete the restructuring of most of the system, cleared a number of large companies on the reorganization of assets and equity of personnel barriers to integration, which is another stock market support. Current market valuation is still relatively high, the company still has over the assets into income, and can provide a solid foundation for future large-scale financing. It can be predicted, such as China Unicom, the reorganization of assets and enhance industrial development potential of the case will be more and more.
for such large-scale integration of assets, the Fund needs a rational, independent thinking, for the benefit of listed companies after the reorganization of the degree of careful analysis, to see how many actually reflect the reorganization of the revenue can last up to a profit growth of listed companies, which value investing is the right way. For those that can not be the beginning of the restructuring have high expectations, no serious research to Shigekura intervention, once the restructuring is not expected to find that good, the stock quickly thrown out. This practice will undoubtedly impact the market, the Fund's net in the short term will bear a greater loss.
Trader: Unicom will suffer the fate of oil in step
Oriental Morning Post
minutes, and China Unicom (600050) to limit the. At least there will be 2-3 after the limit. 10:30 resume trading after yesterday's less than a minute, China Unicom begins with thousands of hand limit board was a huge selling quickly broke down, once hit 9.48 yuan. Unicom H shares fall as much as 14.06% that day, the other two major domestic telecom shares of China Telecom and China Netcom fell 12.698% respectively, 12.754%.
big money Duolu bolted
Previously, many analysts agree that China Unicom is the biggest winner in this restructuring. The latest restructuring plan also corroborated the judge, in addition to 110 billion yuan by Telecom, the China Unicom China Netcom will also be incorporated under the name, can be described as fame and fortune.
fact that China Unicom's daily limit yesterday, the opening price of 10.71 yuan lasted only a minute, he was selling hundreds of thousands of broke down a huge hand. Since then, surging out of profit taking, China Unicom shares slumped all the way, the amplitude of 12% intraday. Ultimately, Unicom A shares closed at 9.59 yuan, down 1.51%. Turnover of 9.292 billion yuan the day, all day turnover 8.813 percent, the biggest single-day record over the past year turnover and volume.
great wisdom topview data show that in China Unicom in 3 trading days before the suspension,
2010.1.12 day after the wind blowing thought ... ., the net sale of the queue in the main fund net purchases of only 6 billion, 4.862 billion during the period accounted for only 12.3% of the volume of transactions. The transactions reflected in yesterday's DDX is negative 0.767, we can see clearly the largest single net thrown.
another in the oil?
an industry veteran traders in an interview with Post reporters who give the towering view: said, A letter of re-measuring, etc., the concept of a group of stocks, will also face a new round of selling. Advisory Director to pay
Articles light that affect the performance of the new China Unicom integrates its effect and the next time. value of about 12 yuan
Decree is silent, unified action, Credit Suisse, Lyon, Morgan Stanley, Nomura Securities and Goldman Sachs and other international investment in China Unicom selected row before the resumption of trading yesterday issued a
Credit Suisse that the sale of C of Unicom network at the lower price, but the price is too high to pay Netcom. Goldman Sachs to Netcom bound by CLSA also lowered rating to sell Hong Kong shares of China Unicom.
State Securities analyst Chen Yun-hong also considered that after the reorganization of listed companies will be thickened 30% earnings per share, a reasonable valuation should be at 12 yuan. According to industry forecasts, the reorganization of the new China Unicom to really wrap up the case, at least 1 to 2 years. In this period, as the three new groups are all licenses, competition will be more intense, > Unicom's C network insider selling at high prices: a user sold 1016 yuan
South Century Business Herald newspaper network -21 �� 3 �� Rono
6 ���� 3 thirty, located in the Xidan North Street, Beijing, China 133 Unicom Group at the conference room, China Unicom (600050.SH) Chairman Chang Xiaobing, Vice President Lu Ji Tong and other senior management time in the 18 institutions and in front of more than 20 industry analysts.
6 2 December, afternoon, China Unicom, China Netcom (0906.HK) and China Telecom (0728.HK) officially disclosed the three major telecom operators in the reorganization of the details of the share consolidation and asset acquisition.
Industry analysts said.
But the June 3
,
Were recommended!, China Unicom, after resumption of trading is not good news for investors staged scene, a 10:30 opening, the stock quickly soared to 10.71 yuan, closed at limit, but only a few minutes, then high platform diving , fell to 9.78 yuan near the afternoon close to the two points, Unicom shares began to turn green, and finally close at 9.59 yuan, the day down 1.54%, turnover of 8.81%.
land sales network mystery
Telecom insiders joke seems a prophecy.
Announcements, Telecom and listed companies to 110 billion yuan of the total price of the final completion of the acquisition of CDMA, China Unicom CDMA business to China Telecom sold a total of 43.8 billion price, Unicom Group, Unicom New Horizon Telecom Group intends to sale of CDMA network assets, the total price of 66.2 billion yuan on.
1100 billion, this does seem to be another mystery.
rumors before the media, the SASAC and the business may give China Telecom 50 billion in subsidies, but in the end proved that the subsidy seems to exist in another form, and reached 66.2 billion.
The real part of China Telecom is also listed on the corporate level is only 43.8 billion to buy China Unicom's CDMA network.
public information display, as of 4 at the end, China Unicom, a total of 43,098,000 C network users, if as a basis for calculation, China Telecom, the only 1016 yuan / household to buy China Unicom's C network to the user resources.
Guotai Junan to EV (enterprise value) / the user's measure, given CDMA's EV / User value of 2997 yuan, 43.1 million users to the corresponding EV to 129.2 billion yuan, total investment by 110 billion yuan CDMA network, 60 million effective capacity, so that the current 43.1 million users to the corresponding value of the assets of 790 billion yuan, which has estimated the value of listed companies to 502 million.
view of this, on the one hand, the surface, China Unicom to sell network access to more than the market expectations of high prices. On the other hand analysis, trading of China Unicom in this pile, it did not account for much.