Wednesday, March 30, 2011

Requirements of the Securities Industry A02ociation Fund adjustment shuanghui development valuation

For Fund on double meeting development (000895, unit 's) this only due to burst event and suspension of stock valuation problem, China Securities Industry Association Fund valuation group said, fund investment of stock appears suspension and has enough evidence indicates that suspension Qian closing does not reasonable of situation Xia, company should in unknown price principles of Foundation Shang by science fair of price adjustment valuation, to compression arbitrage space, confrontation arbitrage funds, protection long-term investors interests. Association Fund valuations group, said the shuanghui development of "lean" events are stock-specific risk, to simple reference index value judgement of market and industry, fund management companies are multiples of the universal application of law, and discounted cash flow method. Due to the Fund management company for the prediction of future events and shuanghui reorganization different views, the valuation prices given are also different, Fund valuations need to accept the market test. The Fund management companies on business for the valuation of stocks and stock anastomosis and active market performance after the resumption of proximity, will reflect the price level and the core competitiveness.