Reporter Tao Ying Zhou Beijing, March 30, Vice President of the National Social Security Fund Council said in a forum on Wang Zhongmin, Council for Social Security Fund has been allowed to make investments, the investment ratio of its total assets under management of 20%.
And this sum for investment of RMB 80 billion of private equity funds, only spend 8 billion yuan (about US $ 1.2 billion). "Now mainly social security fund investment remains traditional, mature, falling financial, such as stocks and bonds. "Wang Zhongmin said. Recommended reading · 2011 2nd quarter Fund NET estimates
· Xia stage fengji investment policy fund second quarter cautious defense 26 only fund controlled disk unit this year yilai miserable fell 15%QFII actively heavy warehouse new looking 82 unit 4 new shares 3 only break Fund floating losses over 7 million Ka real Fund invisible heavy warehouse unit revealing star Fund Manager and Super retail guru ST unit [hexun know] found Investment Fund started books Wind data display, under listed company publishing of annual report, as on April 6, social security fund holds listed company of positions scale has reached 1.561 billion unit, market reached 27.615 billion yuan. Which appear in the social security fund of up to 170 listed companies on the list of top ten shareholders in circulation.
Worth noting is that social insurance Fund Board, small and almost 6:3:1 gem ratio, its Board, junior, and gem listed companies held by 99, 53 and 18 respectively, than the 58.2%, and 10.6%.
In 170 positions in the company, there are as many as 88 new companies to the social security funds of listed companies, of which 15 gem, reporter calculations a bit, just 6 listed companies from the GEM's shareholding will make floating under the social security fund billions.
new into 88 home half is not floating full in has announced of annual report in the, social security fund display out has unique of vision, just four quarter new into of State thinking e, and steel inquiry Gaona, and Yu diamond, and Cheng Yun shares, and country free electronic, and star biological 6 only venture board stock, Social Security Fund respectively holds 3.975 million unit, and 2.9476 million unit, and 459,300 unit, and 6.0099 million unit, and 1.133 million unit, and 130,700 unit, only to positions up to of Cheng Yun shares for cases, from on September 30 day of closing 19.92 Yuan/unit to on December 31 of 33.18 Yuan/unit, social security fund will floating full up to 66.6%, market reached 79 million Yuan, and over country free electronic of gains also also up to 51.39%, market over 122.4 million Yuan.
However, in total 88 home of new into company in the is not each home are can like above several as profit rich, reporter found, close half of company its shares almost are is smooth or small fluctuations, to River Bell car (000550, unit 's) for cases, from on September 30 of 29.9 Yuan/unit to on December 31, its shares has drop to 27.54 Yuan/unit, up to three months of time, social security fund not only no make money, instead each unit wreck 2.36 Yuan. "If, judging from the quarter social security funds have only to make money is clearly unfair, because focusing on Social Security Fund is a long-term investment value, and judging from the annual report, other than gem income of Social Security Fund, high sent goes stock market and new trend of mechanical equipment of the company's future is also very good.
"National Securities Research Department, one Analyst believes.
Reporter also found, in announced of annual report in the, social security fund positions of stock has 70% for high sent go stock, which national social security fund Council go holding three households holds of 1,101,320 unit robot (300,024, unit 's), 2010 annual report will announced will each 10 unit sent 5 unit go 7 unit sent 1 Yuan of high sent go distribution plans, and meanwhile, robot of shares also from last year October early of each unit 35.6 Yuan way rose, as 2010 end of each unit 57.77 Yuan, gains up to 62%.
And in last year four quarter, Social Security Fund also already will eyes aiming has machinery device, new into has 10 only machinery device instrument company, which, Social Security Fund on 31 heavy workers, and in the set Group (000039, unit 's), and Quartet shares, and stars technology (002132, unit 's) and Cheng Yun shares, and sea heavy workers 6 only a unit new into of number are over has 2 million unit.
the gem foam still under popular it is strange that, if the gem can bring huge profits to social security funds, then why not only social security fund is overweight, but from the third quarter, on second board stocks to reduce it?
Wind data display, the third quarter of 2010, Social Security Fund also holds a 25 second board listed company, and in the fourth quarter, then only 18, and 18 second board companies new companies in all four quarters of Social Security Fund, which means that three quarters of all second board companies have been reduction of social security funds in four quarters complete. "High risk companies for gem, select fast forward fast is undoubtedly the best way. "A private equity investment manager in Shenzhen privately to reporters," because the gem bubble continues to enlarge, nowadays many organizations are reluctant to easily get in. "In fact, when the Fund annual report to be released today, Chinese market fund manager Wang yawei also said," as represented by the GEM's return of high-valued species face greater pressure.
"And instead the market risk of blue-chip released fully, will stabilize the market to play a role. The real situation is, in addition to cumulative risk, the gem frequently break in the near future I'm afraid is their high burst bubbles gradually began.
On April 7, na chuan shares, John Woo new material as well as for drug industry, Gao Meng hailunzhe four new shares to be listed on the gem, besides hailunzhe, the same day, the other three all break, and gem also cumulative break broke the 200 companies. Meanwhile, statistics from market data also show that in total listed 94 new listings this year, gem, small and Board companiesAt 47, 35, and 12, but the average first-day gem company, only 10.82% per cent, junior 12.52%, Board of 22.2%, the gem earnings far below the small and the Board of the new market's gains. Since gem bubbles always high, so why continue to select new gallon it social security fund? "Factors that do not exclude virtual-high second board stocks, and compared to the small, motherboard, the gem smaller plate, entering and leaving are relatively easy to and from the perspective of this year, almost all of the gem is a high turn sent stock.
"These people say. Data show that in the published annual report, the gem introduced higher send transfer is particularly prominent, with more than 70% of gem company introduced high to go program, 10 get 5 units, 10 transferred 10 units, and more frequent, and star-biological companies such as shares, new research is converted into 12 units. And corresponding to this is that robots, Cheng Yun shares held by the social security fund, silver shares, also are high above send go stock. "If the excluded risk factors, then fast forward fast out of the way of Social Security Fund, profit from the gem is obviously nothing wrong with that. ”
