|
|||||||||||||||
|
||||||||||||||||||
Data:2009-12-12 2:34
Source: World Bank-based investment
Whenever there is always jittery distribution market large-cap stocks, and even reported to fall. ICBC's IPO moment, the market has to stand five-year highs Senpachi face can be described as this moment Peter 1:00. In margin trading, stock index futures and other financial innovations approaching a favorable context, ICBC simultaneous A + H listing will drive the A-share market investment philosophy with the world, at the same time as the ICBC's A + H listing will also further strengthen the Hang Seng Index on the the pulling effect of the Mainland stock index. Investors are advised to focus on programs with high prices and Hong Kong stocks on the intrinsic value of inverted S-shares 600006S Dongfeng.
S East steam (600,006): The company is a renowned car manufacturers, particularly in the light truck with a huge competitive advantage in the field, the main product "Dongfeng Storica", "Dongfeng Sundance Kid" in the China Automotive Technology and Research Center, Automotive Technology Information Research The and the "World Car" magazine, at the "2005 Consumer's favorite model selection activities" Lectra of the pack, both with a higher technological content and high market share, won the 2005 national light truck industry, model first. Meanwhile, the company also actively forayed into overseas markets, there are already 5 "Dongfeng Automobile" passenger cars through Ukraine national certification, and gain access to bus lines right out in Germany and Ukraine signed a Jite Pu 1000 bus supply contract , will be delivered before the end of 2007. At the same time, the company has with Ukraine signed a cooperation agreement BOGDAN the formation of CKD plant will be to provide manufacturing process design Dongfeng Automobile, BOGDAN invested 35 million U.S. dollars joint formation in Ukraine is scheduled for completion by May 2007, the main production of Dongfeng light commercial vehicle series models, production capacity of 12000-year plan, which marks the Dongfeng Automobile exports from the relatively simple changes to the technical level of exports, from the opportunity of exports into a strategic exports, the future development of space is extremely broad.
SASAC's Dongfeng Motor Group is one of the 168 central enterprises, ranked the domestic Big Three auto makers; S East steam (600,006) among the 39 central enterprises SAC Holding, one of key listed companies, with a total market capitalization of 75 billion yuan, is the market value of 5 billion to 10 billion yuan of the large listed companies, only six outstanding shares of reform, "Nails" one. The company's stock before the reform movement is mainly due to the delay in a complex shareholding structure Dongfeng Motor, stock reform must go through Nissan nod to start, but the Nissan Dongfeng Motor stock reform of the ambiguous attitude of the delay did not agree. Last month, S East, has finally announced a 10 rides, steam 3.1 share reform program, but the pressure by a number of institutional investors, and then adjusted to 10 to send the right price of 3.3 shares and promised to change from the stock after 06 years to 08 proportion of annual cash dividend lower than the current to achieve 60% of profits available for distribution. Large compared to the same high-quality program of share reform of listed companies, S East steam toward more favorable prices without affecting the controlling shareholder status, it will not affect the development of listed companies at the same time, fully embodies the major shareholders of the outstanding shares of shareholders.
With the internationalization of China's financial market trend, A-share market and the growing linkage between international stock markets, especially Hong Kong stocks close on recent A-share market has a clear leading role. A major shareholder in Dongfeng Motor (0489.HK) on December 7, 2005 traded on the Main Board in Hong Kong, a total of 2.483 billion shares issued H shares. H shares, compared with the wind. Dongfeng A shares asset profitability is better than H shares, and the growth of future performance and clear, while the H shares of the uncertainty the future growth of larger passenger cars. Dongfeng A shares H shares now significantly lower than book value, according to today's closing price ex-dividend reference price of 2.82 yuan, compared with Dongfeng Motor HK Hong Kong stocks close 3.59 discount more than 22%, with the Guangzhou Shipyard International, Dongfang Electrical Machinery geometric Hong Kong stocks premium compared with 50% of the stocks, valuation is very low, discount levels even higher than Liutong Pan greater China Merchants Bank and China Unicom, afternoon compensatory growth potential. The secondary market, the stock has been an excellent investment value of the favor of the main body, the top ten shareholders of tradable shares before the six seats are institutional investors, the stock from the trend analysis, there have been the beginning of a wave of sharp stock upside market, the main fund-depth involvement with the broader market adjustment of the recent rapid decline, the stock fell back to pre-launch platform Suliang get support, followed by a mild upward heavy volume to regain upward proposed share reform program of the suspension before a continuous big bang, shows a positive absorption of funds grab chips, today the impact ascribed to resume trading by the broader market down, completely covering the gap, adjust the full afternoon is expected to rebound strongly recommended that investors focus on.
