Category: Money Tips Date: 2006-04-08
In the split share structure reform, the investors holdings of major shareholders plan frequent, while the holdings of major shareholders of these actions are mostly aimed at stabilizing the stock. Now time has come full circulation, large holdings of shareholders do? Is it only in order to stabilize stock prices do?
According to my long overseas combat, in combination with actual examples, some overseas holdings of major shareholders to make an analysis of behavior.
Major shareholders are divided into sex-financial investors and industry investors. Financial investors, mainly on the basis of the pricing model for valuation of listed companies, if the stock oversold or listed companies with good development potential, the financial holdings of investors, will be carried out in the major overseas are some big investment banks and funds.
For example, the world's largest mutual funds, the parent company of Fidelity Investments Fidelity Management and Research Company on Baidu's A-shares to overweight, Baidu held 12% of the A shares market, Baidu became the largest circulation of A shares of agency investors. Fidelity overweight Baidu, a certain extent, is based on overseas funds to China's search engine to determine market prospects, as well as Baidu search engine rankings and competitive pricing, business model recognition. In addition, the industry, investors may be based on the future of mergers and acquisitions and industry collaboration related to the stock holdings of listed companies.
For example, in early 2006, Shanda's stock price started to slump, while well-known telecom equipment supplier Cisco suddenly "appeared" overweight Shanda shares, shareholding ratio to 9.7%, becoming the second largest shareholder of Shanda. Affected by this news, Shanda's stock trading the next day appeared recently in a rare high-opening, closing up 56 cents to close at 15.8 U.S. dollars, or 3.7%.
SUNDAY major shareholders Huawei Technologies Co., Ltd. 0.64 per share price of holdings of 3,500 shares of HK SUN-DAY, involving an amount of 22.4 million Hong Kong dollars. Huawei's holdings in this, its equity holdings from PCCW a comprehensive pre-acquisition of 8.02% to 9.91%, thereby becoming the third largest shareholder by SUNDAY's second-largest shareholder.
There are also some holdings of behavior is false, and some investors will make use of information-financial pulled noodles stock holdings, and then reduction of profit. Are also some industrial holdings of investors in the first, and then release of M & A news, when the share price pushed up after the cash. So for the pseudo-real hype holdings, investors should have a clear understanding. (Jiang Ren)
