Thursday, April 28, 2011

Huge plunge in the Group 23.16% funds have been allocated float lost billions of dollars

Large group below the offer price 20% price $ low open, slightly washed oscillation begins after fall, closing $ 34.58.
Announcements show, under the net in the purchase, total of 22 bodies were combined with a period of 28 million units, floating losses in aggregate $ 292 million. Yesterday miserable fell 23.16%, create listed first day break range records known as "most easy in the" new shares, institutions floating losses near 300 million new Express Reporter Qiang Yan yesterday min made aluminum industry, and huge group, and tongda power, and rapoo technology four new shares listed, except min made aluminum industry rose 21.21% outside, remaining three only are break, which due to online purchase check rate up to 21.57% and was seal for "most easy in the" new shares of huge group fell 23.16%, rapoo technology fell 15.55%, tongda power decreases also close 10%. Expensive new family and then tasted cover pain.
Recommended reading · hexun.com friends 19 stock market experience
· instant closed Fund discount ranked table Fund "88 spot curse" reproduction unit base gankao April: Qian ten name left seven to three private second quarter layout route exposure private stress defence five even fell small disk unit last a fell huge group plunged 23% 11 Fund floating losses had billion 36 unit decreases super market fund floating losses 7,800,002 quarter investment policy will hot registration in the research institutions forecast are fail information display, huge group main business for car distribution and the maintenance conservation business, was more than research institutions depicted for steam trade "aircraft carrier". "Massive group is a strategic partner of the famous sports car brand Aston Martin, during the Shanghai motor show, Aston Martin $ 40 million share of the world's limited edition sports car--ONE-77 in China sold, may become the catalyst for large group after the listing of shares.
"In front of the large group listed, there are research institutes forecast.
Therefore, in the case of frequent break of the new shares, positioned on the first day of the large group of securities companies forecast average price reached $ 47.26, than the issue price ($ 45) at 5%. But large group performance yesterday obviously these institutions give consent.
Below the offer price 20% price $ low opening, slightly washed oscillation begins after fall in minimum to $ 33.8 per cent reported $ 34.58, exchange rate of 16.62%. Rapoo technology and access to power yesterday's exchange rate is very low, and 15.55%, respectively.
Fujian aluminum only increases the date exchange rate as high as 85.69%.
Floating losses of nearly 300 million from institutional investors, however, more frustrating are those who have been allocated for investors. Large group fell $ 10.42 per share yesterday, because it is the main Board companies, each check number be allocated 1000 shares, according to yesterday's closing price calculation, on the loss of over $.
To calculate by purchase, invested all the money, purchase, yield as-4.94%, hit a record low. Network subscription under institutional investors more, because the subscription of multiples of the unit only about 1.7 times times, placing up to 57.97%, which means that every purchase 1000 shares, given nearly 600 units. As Xinhua trust own account purchase 10 million shares, allocated 5.797 million shares yesterday floating losses of about 60 million Yuan.
Announcements show, under the net in the purchase, total of 22 bodies were combined with a period of 28 million units, floating losses in aggregate $ 292 million. In network Xia purchase who in the, has 11 home institutions for Fund, which was distribution up to of Fund for Galaxy its of Fund silver feng, purchase 6.5 million unit, was distribution 3.7681 million unit, with Department Fund silver letter added Lee debt base was distribution 521,700 unit; China commercial Department is purchase main, its three Fund total check 3.4782 million unit, which China commercial prosperous times growth (630,002, Fund 's) was distribution 2.8985 million unit. Fund Yinfeng, Chinese merchants of peace and prosperity (630,002, Fund) floating losses yesterday were the growth of more than $ 30 million. It is worth mentioning is that in large groups when a request is made, given by the Department of Chinese price is $ 55, is the highest price. UBS Securities researcher and sponsor institutions believe that large group listed after a reasonable interval upper limit of value only $ 59.7. However, after the collapse in the first day of a huge group of multiples quickly lowered to $ 29.3, lowest level in the listing of new shares on the same day, in valuation's upper body show some advantages.
"Dragon and Tiger list" data also show that yesterday the buyer before the main two are from agencies dedicated seats, total cost of $ 39.266 million to buy more than 1 million units. List of allocated millions shares institutions under the network placing object name valid purchase quantity (unit) allocated quantity (unit) Xinhua Trust Co Ltd own account 10,000,000 Chinese business prosperity growth equity investment fund 5,000,000 Changjiang securities company limited nuclear finance in own account 4,000,000 limited liability companies ' proprietary accounts 4,000,000Guangzhou Ming Jia 2,318,840 warehouse limited own capital investment account 2,000,000 collection new stock purchase investment funds trust scheme phase 2, 1,159,420