Category: Money Tips Date: 2006-06-21
Source: Chase Securities Author: Dong Zheng
Bank of plates after a brief adjustment, the four week stage a comeback. Minsheng Bank leading varieties of rose 7 points or more, stock prices a record high point of the market impact of the new leader Qianjiu. China Minsheng Banking rose, who is the biggest winner?
Since the first recall since August, to China Merchants Bank, Minsheng Bank, represented by the continued strength of the banking section, leading varieties of the average increase of more than 60%. Since the whole weight of the sector, a high proportion of the market share, becoming the first impetus driving the market higher. At the same time the sector, the total share capital is too large, its substantial increase in wealth brought about by increasing the value of other plate between the two cities can not match. So, when banks plate strength, not only driving innovation and high-index also means that new wealth and wonders are being performed. Then recall the short-term market, who is the banking stocks continued strength of the real big winners be? Obviously, a bank listed company's shareholders! The Minsheng Bank, the short-term market shocks Qianjiu point multi-banner, Minsheng Bank's listing of the shareholders, it is worth our attention.
Statistics show that the current listing of Minsheng Bank shareholders, mainly including the new hope (000,876), Eastern Group (600,811), thermoelectric-year-old Bao (600,864), and the bus shares (600,741) This four. Particular, the new hope and the East China Minsheng Banking Group's holdings of non-tradable shares in October 2007 to lift the ban, while the year-old Bao thermoelectric (600,864) held by the China Minsheng Banking 220 million shares, as well as bus shares (600,741) held by the people's livelihood Bank of 113 million shares, has achieved tradable. Minsheng Bank to go because of the ongoing cattle, according to the new accounting standards, the company's annual report this year, the latest middle of next year reported that the law can be priced according to market value, so the above two earnings per share will be very good. One of the most noteworthy is the year-old treasure thermoelectric (600,864).
Because-year-old Bao thermoelectric (600,864) holds a stake in Minsheng number of 220 million shares! Minsheng Bank and the latest closing price of 6.42 yuan, year-old Bao thermoelectric (600,864) shares held by the market value of the Minsheng Bank has reached 1.415 billion yuan! The year-old Bao thermoelectric current total share capital of 1.3659 million, the total market value of the stock's latest 1.22 billion yuan. Apparently held by China Minsheng Banking Corporation's stock market value has exceeded the company's total market value of the stock itself. China Minsheng Banking Corporation stock holdings can now be fully tradable at a time when the company's stock market value was lower than its market value of bank shares held by the people's livelihood more than 10%, which is hard to imagine! If under the new accounting standards in order to present the latest closing price of the Minsheng Bank, the Year of Po thermoelectric (600,864) only to rely on stocks held by China Minsheng Banking, the company earnings per share this year, is expected to reach 10 yuan! At present, the latest closing price of the unit is only 8.93 yuan, worth grossly underestimated! So, as continued strength in Minsheng Bank, the Year of Po thermoelectric (600,864) indisputably become the biggest winner.
