Category: Money tips Release Date: 2006-08-01
Source: World Bank-based investment
As we predicted, mergers and acquisitions boom in the ascendant makes the broader market inertia ascribed Tuesday indexes directly Tiaokonggaokai six points, but the market seems to want to control what the main rhythm of the market up, with China's Sinopec, G Baosteel and other indicators of stocks across the board adjustment, covering the stock gapped gap and for a time approaching 10-day MA. However, to do more vigorous enthusiasm for the venue, or resisted heavyweight down the impact of the active stocks making tape Zhu Bo picked up Monday afternoon stock index has been above the closing point and run the show is still in active multi-end stock in order to Yang Cross stars reported income, the accumulated turnover of 53 billion yuan between the two cities, continues to show modest amplification trend.
Circular of the State Council ministries and commissions nine new measures to control the real estate, but control measures have been basically the expected stock market. The recent regulation by the Securities real estate investors take an active interest, which previously had been a large number of media reports may be issued regulatory policy, real estate stock performance over the past month is clearly lagging behind the broader market regulation and control measures introduced in the majority of this has already been anticipated by investors. As is the current real-estate investment-oriented buyers to purchase the core of the force, the Government's regulatory measures affect the rate of return on investment to buy a house, real estate sales could lead to stagnation and even decline in prices. However, the leading real estate companies, provides low-cost expansion opportunities, which is the real estate section up instead of down the reason. G Fanhai, G America are daily limit, G Sun, G Financial Street and other gainers. Reorganization of the Huayuan Group holdings are brewing on the Pharmaceutical Group and the Northern Pharmaceutical Group of the shares to reach absolute control, which allows the Department of stocks across the board Huayuan daily limit, but also for the concept of M & aerial refueling, hot-spot effect is more prominent, G 31, G West Water, G Gui brigades, Shuanghui development with the theme of M & A stocks were limit-. International and domestic resource prices rebound in resource stocks across the board makes a rebound, G Southern sugar, your sugar stock, G public and, Jiaozuo Wanfang, G Lu gold daily limit, G CCA, G Zinc Industry, also rebound sharply. Boeing will invest in China to build the production line news, aviation manufacturing-related stocks such as Hongdu Aviation, G West, fly up again. G Maotai continue to limit-driven high-priced shares and wine section active. Mainly from short intraday momentum index stocks, Shanghai stock market G-Baosteel, G Long electricity, Sinopec, G China Merchants Bank, Shenzhen City, G, set, G Wuliangye, G Anshan, G ZTE have gone against the tide fell.
After a week of ups and downs through the broader market back above 1650 points, and closing points, just a little bit and last Monday 0.40 points. At the same point and received a similar cross star, could not help but think of the stock market for investors, one of the three laws, "history will repeat itself." History will not repeat, however, a simple, although the doji shows that long-short market, a big difference, but the course of this rally, in addition to iron and steel plate, the other heavyweights are at rest, the afternoon is unlikely to continue to fall, there is help the broader market stability and investor hesitation mentality, and ever-active stocks rebound in hot-spot effect and gradually spread, particularly in resource stocks rebound in market sentiment in favor of convergence, if the foreign markets, there are no major fluctuations in broader market Wednesday to continue to upside more likely, but the present trend of differentiation of individual stocks have emerged, investors should pay more attention to the choice of individual stocks, followed by changes in the market hot spots, concerns reorganization and acquisition-related stocks, such as the 600,579 shares of the Yellow Sea.
【?Yellow Sea stocks shares (600,579): the vanguard of the central enterprises strategic integration
The recent upsurge in domestic and international market M & A continued: yahoo and eBuy strategic alliances, and even rumors that Microsoft will join forces; Japan Hankyu Holdings to bid higher than competitors in order to double its Hanshin Electric Railway resist a hostile takeover; AMD Juzitouxiang Germany ; while Handan Iron and Steel Baosteel to the coveted were off this week's reorganization and acquisition plates passion. Tuesday, in the China Resources Group will inject the drug through the acquisition of Holding Group and the Northern Pharmaceutical Group to reach a result in the Huayuan Group, the central enterprises play goal of pharmaceutical industry news, platform, the experience has fully adjusted Huayuan Department of stocks across the board daily limit. Huayuan system for long-silent strategy of integrating the concept of central enterprises has injected new impetus. In fact, China Resources Group's errant re-Huayuan Huayuan Group, troubled, after whom a last resort, the purpose of restructuring is greater than integrate. Huayuan only focus on the capital markets department, as it caused an eye-warm response from the market. SASAC Director Li Rongrong pointed out that the State Department will actively promote the reorganization of central enterprises to adjust and ultimately create 30 - 50 highlight the main business, advanced technology, flexible mechanism, with independent intellectual property rights, with strong international competitiveness of large enterprise groups. Some large enterprises have begun to integrate the central one of the most generous of China Chemical Group, the acquisition of capital markets has not caused enough concern, the market outlook is expected to be fully excavated, associated companies 600,579 shares of the Yellow Sea deserves close attention.
Industry Leading Technology Leadership
Yellow shares (600,579): The company in China's tire manufacturing industry, one of the leading companies, the last three years the average share of the domestic market are more than 10%, industry rankings Wenju three. Company's current main all steel radial truck tires, the product is the alternative to traditional truck tire upgrade products, There is no other alternative technologies used to produce, the company has formed a self-developed products, product research and development level of integration with the international advanced level. Has a clear technological advantage. "Yellow Sea" brand all steel truck radial tire top domestic market share. Affected by cyclical factors and the company trades under construction, the project has not yet put into effect a temporary performance is not satisfactory, but it is not a manifestation of the true value of the company.
Integration of a qualitative leap in the central enterprises
Yellow Sea Rubber Company's major shareholder is the well-known tire manufacturers, tire industry, the world's top 30 strong, but also with the world's sixth-largest tire manufacturer Pirelli Group, a joint venture construction of radial tires Rubber Industrial Park, projects, investments of more than 7,000 million U.S. dollars, the construction an annual output of 1.2 million sets of steel radial tire production base set. As the Yellow Sea Rubber heavier historical burden, and accelerate the expansion in recent years, leading to cash flow problems, so the majority shareholder has been committed to the introduction of strategic investors, of which apart from the Pirelli Group, in addition to including the famous and Hutchison Whampoa Limited, Qingdao Double Star Group, etc. However, the local government comprehensive consideration of the status of the Yellow Sea Rubber industry and national development strategies, the final decision will be transferred to the Yellow Sea Rubber Group, a subsidiary of the China Chemical Industry Group and China Car Auto Repair Chemical Equipment Corporation. Car Auto Repair Group's own assets in the 3.5 billion, is in China's Chemical Industry Group throw its weight behind the scale of 6.5 billion acquisition of assets under the Yellow Sea Rubber, apparently the central enterprises to achieve strategic integration goals SASAC, China's Chemical Industry Group plans to play in the car auto repair caused by of its flagship tire industry. Car Auto Repair has been in since the previous mergers in the world ranked 61 of the Double Happiness tires, and started annexation of Guilin Tire Factory and Xinjiang a tire factory, tire companies have entered the domestic first-class ranks of the annexation of the Yellow Sea Rubber beneficial to its rapid expansion, beyond the good tires tires leading domestic position. At the same time, indirect controlling stake in the Yellow Sea, has been a valuable of the "shell" in the vehicle group by injecting high-quality tires available resources, improve the profitability of the Yellow Sea shares to restore its financing capabilities to broaden the space for development in the tire industry.
Policy support even more powerful
Yellow rubber in the past the main crux of the problem lies in the reorganization of the heavy debt burden. But in fact many of the company's loans has become a real production line can produce immediate profits, while the Yellow Sea, Qingdao municipal government where the rubber attaches great importance to its restructuring and future development, re-side of the central enterprises of China Chemical Industry Group identity makes the city Government is willing to make greater concessions in the negotiations. According to "21st Century Business Herald" reported the municipal government will be transferred without compensation in 1000 acres of land as a car automotive group to undertake the debt of compensation, if this news has been officially confirmed, will further enhance the value of the restructured company. This year the state of consumption tax reform, in order to adequately mitigate the bias tire manufacturer's tax burden, considering the production and fiscal revenues and other factors, this policy adjustment will be 10% of the rate of automobile tires down to 3%. Radial tires continue to implement tax policy. For the company's growth is also very beneficial.
Shares rally enough staying power to change, such as rainbow
With the stock reform of the rapid progress, stock reform of the potential price of high-quality stocks have become a veritable scarce resources, such as Su Changchai A daily limit has been 4 consecutive days, the Yellow Sea a high proportion of non-tradable shares, the current performance in general, due to major shareholders the reasons for re-stock reform lag, according to management policy, reform process entered the stock company, on the price of the program should be more generous share of the share reform program of the Yellow Sea will not be lower than the market average and the most likely to change in the stock at the same time inject quality assets. From the company's annual reports and quarterly analysis, the unit chips has tended to focus on. From the secondary market performance, the unit since last year has been in 2 - 3.30 yuan range order shocks, during which turnover pulse amplification, clear evidence of funds to absorb. Since the launch of this round of Quotes, G Unit, G Unit has been a quasi-market hot main line, the unit was unmoved, maintain the original order trend, early in May, six months-line and year-wire formation Jin Cha, a number of short-term moving average is also the formation of long arrangement, adjustment is extremely full, the unit began to heavy volume to start, and broke through several times over the past year the formation of high resistance. Subject to pre-tape fluctuations in stock homeopathic line down to 3 yuan soon after the break to confirm the effective pull, while cleaning Fu Chou, followed by a steady rise in the stock, is expected to enter the main Shenglang afternoon.
