Category: Money tips Release Date: 2006-06-25
Because the existing motherboard A, B shares account for the sale of three board stocks can not, therefore, it is only three board ------ dozens of stock market trading was light every day, the stock generally at 10 yuan.
However, this situation soon changed, the board issued a circular yesterday's Shenzhen Branch, it will account for transfer of shares (ie, three board account) and the consolidated accounts in Shenzhen Universal board.
This means that now holds A, B share accounts of ordinary investors can speculate three board stocks. The industry believes that once the merger is complete, because of low price, the three panels are likely to be capital stock hype!
Yesterday, the China Depository and Clearing Corporation Shenzhen Branch released the "transfer of shares in securities accounts with the motherboard account merger-related matters for the" transfer of shares will account for the merger with the A share accounts.
This means that in the rules after the implementation of the motherboard channel capital inflows three panels will be completely opened up, investors no longer need to transfer the shares to open a separate account, you can use A, B shares account for the sale of shares of the three boards.
Are the cap, lower three panels everywhere
With the A-share market hit new high, not so concerned about the emergence of a three-panel market has a lot of Niugu. Although many investors already playing a three-plate idea, but unfortunately the account opening procedure trouble, be prohibitive.
"I had been concerned in December last year, to the three board Guangdong media 5, but there is no time to handle the account opening procedure." Liu told reporters investors says.
Yesterday, Guangdong five consecutive three days the media firm 16 per hour, becoming the first high-priced shares of three panels. However, the three panels of the other stocks, the price of less than 10 yuan, and even less than 1 yuan shares. This will undoubtedly attract a lot of keen speculation reached the cap, lower the board funds.
The fastest in July can be fried three panels
"The soonest possible time, certainly before the July 1 in the future." Inflow of funds for the board three panels of time, Shenyin Securities analyst LU Jie-hua.
China Shenzhen Branch posted a notice issued to host the broker said in order to enhance the operational efficiency of the securities market, the company will account and transfer of shares in securities accounts in Shenzhen board (including the A shares, B shares account) to merge the Mainland Investors of the original account and transfer of shares in Shenzhen A shares account for General Motors, collectively referred to as A shares account; overseas investors in the original account and transfer of shares in Shenzhen B shares account for General Motors, collectively referred to as B shares account for.
Shenzhen Branch of Deng asked to host the broker on June 30 make relevant technical preparations. By then, the company will organize for testing.
3 panels A shares B shares can be fried
"Description" that the transfer of shares to mainland investors for the original account and A shares account for General Motors, to stop the transfer of shares to open accounts.
After the merger, holders of the original transfer of shares A share accounts or accounts in the Mainland individual investors can trade A shares, funds, bonds, asset securitization products, pricing of shares transfer system, the transfer agent system, Class A shares and Class B shares of agent transfer system, .
Mainland investors B shares account for permission to expand, in addition to trading B shares, the increase in trading shares of Class B agent transfer system permissions.
General accounts, investors such as the sale of the transfer agency system, the transfer of shares or quotation system, the shares still have the appropriate qualifications and securities firms commissioned by the signing of an agreement and, through its proprietary trading unit.
In addition, the "description" of the original share transfer accounts report the loss retrospectively, merger, cancellation and account information changes, inquiries and other services, etc. were defined.
Fried 3 boards are mainly speculative stocks
LU Jie-hua believes that the board Shenzhen Branch issued new rules to the increase of the three board market liquidity is significant.
At present, the three board turnover is very small, even though five of these fundamentals of good Cantonese media companies, daily turnover of only a few dozen million shares, turnover less than 1%. Accounts after the merger, opened the A shares of capital inflow three board channel, will greatly increase the three boards to finance them. The three panels a day trading only dozens of companies, if a lot of money to enter, but also lead the wave of a wave of speculation.
So, the opportunity to invest in three panels that be?
At present, the three board is the underperformance of most companies, many companies have huge losses, and simply can not disclose even the 2005 Annual Report 2004 Annual Report, in which the fundamentals are very few good companies.
Analysts pointed out that participation in the three panels are only suitable for aggressive investors, but not too much money invested, it is best not to exceed one-tenth of the total capital. In this way, even if the loss, you will not lose too much. In selecting individual stocks, in addition to considering the price advantages, but also look at a company's fundamentals. After all, the participation of three board is a kind of speculation to a large extent the price speculation.
