Category: Money Tips Date: 2006-05-31
Source: Bohai Investment Author: Zhou Yan
Fluctuations in the Bank of China after the landing, the market began to stabilize short-term. Intraday stocks are significantly active, hot spots, one after another began to take shape. Then the second half of a prospective analysis of who will become the new darling of the mainstream hot spot? Who is really able to have the explosive power and can beef up the variety Naishi long to obtain the key to huge wealth gains. We believe that the second half of the 06-market investment theme will focus on mergers and acquisitions, restructuring and 3G industry, the two areas!
Investment Theme 1, closed their stock reform ushered in a time when the outbreak of reorganization and acquisition
Although the current broader market continued to rise, limit-Number of lags far behind in comparison with the previous, but is worth noting that the recent resumption of the proposed share reform stocks still have a continuous limit-seen by others, such as Wednesday's glory continued for three limit-industrial, construction machinery, light industry machinery , with its capital in the market wealth effect that is still subject to change in a positive pursuit of stock speculation, in particular, the market started rising on the stock to resume trading Titanium Pan Yu, Tong Junge stocks such as reorganization of subject matter is Fuxiang joint articles. Such as the pre-G on the Hong Kong, G electric wide Sinopharm shares of such capital reorganization of the story have been staged, and its shares were sharply higher. That, mergers and acquisitions, restructuring or even listed as a whole still become part of the stock market speculation in the mainstream of reform hot. In the stock restructuring into the closing stages, the original case of tradable shares, for pricing reasons, the stock is difficult to be used as a mergers and acquisitions means of payment. The fully tradable after the M & A operations in the capital, when the acquisition hopes exclusive synergies tend to use cash when the mergers and acquisitions, mergers and acquisitions when the purchase wishes to integrate the two sides to share the risk when the mergers and acquisitions tend to use convertible, while the means of payment in the stock With the help of the acquired operations can easily complete the acquisition. Therefore, the share reform of listed companies post-merger and reorganization case will be further increased and restructuring through mergers and acquisitions, M & A value of listed companies will be significantly enhanced. As a listed company in the future increase in M & A opportunities and will also bring to market with a real sense of participation. Up to now in Shanghai and Shenzhen Stock Exchange has 39 listed companies granted stock reform, according to statistics, Shanghai and Shenzhen stock to enter and complete the reform process of listed companies reached 1093, accounting for 79.78 percent market value, then no shares in the market reform theme will be the market share of scarce resources. In particular the reform has yet to stock ST class stocks, its listed companies and the local will make every effort to intensify the local government to address the debt debt settlement and other issues so as to accelerate the restructuring of assets, mergers and acquisitions.
Investment Theme 2, the mainstream funds actively preparing for 3G blocks the best investment the time has come
Recently, in a broadband wireless forum, Radio Authority, Ministry of Information Industry, deputy director Xie Fei waves to talk about wireless broadband frequency planning at the same time revealed some of China's 3G frequency planning situation, said China's planned 3G band, but not yet published. It is understood that CATR will be held July 11 to 12 held in Beijing "2006 China's value-added telecom industry summit" at the same time, there are research institutions, is expected the first phase of 3G will reach 10 billion yuan investment in equipment ~ 200 billion, resulting in the recent 3G Plate Follower of fashion, showing a market capitalization of the industrial layout has been quietly startup. 3G plates of old and new leader experiencing a period of silence after Monday launched a full line of counterattack Quotes. Amoi Electronics, Datang Telecom, G in the record, G ZTE, G ICT, G Bird has rise up, 3G plates re-emergence undoubtedly become a new market forces to do more. As we all know, 3G includes the huge business opportunities will be related to plate in the secondary market fueled the performance of the role of the formation, in general, we believe that the theme-driven than the actual layout of the six months to a year ahead of time. Thus to determine, in the next year, before the 3G launch, communication, ability to share fully supported off a main l Quotes. Of such stocks from the recent active in both the mainstream funding strategy can be seen Jiancang, but also actively preparing for hot money can not be ignored. At present, the market needs most is a popular leader can fully bring plates, to highlight the current market transaction-intensive areas in tight encirclement of repression, but digital TV, 3G, electronic communications and other technology stocks, it is easy to mobilize sentiment at the same time have a real subjects, it has had to start again possible.
One noteworthy ST Chase (000,038), company's main business is electronic communication products, trade-based, 3G main business class telecommunications products accounted for about 40% of revenue, profit contribution is 60% or more, precisely because the company has a good 3G industrial heritage, so it is the capital predators favor of Founder Group. In addition, a clear commitment in the company quarterly, Founder Securities has signed a sponsorship agreement split share structure reform, and the right part of the share reform program has made adjustments to the arrangements do not rule out the possibility of replacement of assets to take step by step or the overall asset restructuring, afternoon can take an active interest.
