First, with the international practice is not against the legitimate interests of investors
recently, the attitude to go with the flow to the market, policy interventions should not be. loss of confidence in the stock market continued to fall when the irrational, the management according to rules of the market to stabilize the stock market improve, not only not contrary to br> 1, h shareholders violation of a shareholder interests. Recently, when ICBC, China Construction Bank, China Railway, China Railway Construction, the media, energy, and simultaneously with the price of issue of a Unit and h stocks of basic standards or even upside down, some the average person to a share is still 50% higher than the h shares the grounds put forward a half shares also fell, to integrate with h stock. This is obviously an ulterior motive. because the old issue of a + h share price itself, there is an extremely big difference. For example, a unit of Sinopec, and h is the share issue price of 4.22 yuan / 1.60 yuan, 1.63 times higher; the oil is 16.70 yuan / 1.30 yuan, 11.85 times higher; China Life is 18.88 yuan / 3.62 yuan, 4.22 times higher ; peace is 33.8 yuan / 10.33 yuan, 2.27 times higher. more than a decade, a shareholder of listed company's net assets, fund the upgrading and development of the company, shareholders paid more than h times or even ten times the cost of h shareholders were always enjoy the same rights with the shares. Now, some people insist on a share price convergence with h stock, which a shareholder is too cruel. as the party's management, why should not the protection of a shareholders legitimate interests to do something it? For example, bonus shares by way of orientation, on a one-time compensation for shareholders; another example, a stock return of red chips in the future, in the high premium is released, then at times of poor delivery of a shareholder shares, and then listed.
2, the shareholders will be inclined to foreign interests. performance of one: generosity of foreign dividends, internal dividends mean. For example, in the financing of the oil in the United States is only 2.9 billion U.S. dollars, but four years is to U.S. shareholder dividends to 11.9 billion U.S. dollars, it was less than 600 million yuan, only 2.96% of dividends to the United States. and only 5 months of listing, the stock begins with all the way down to 16.70 yuan 48.6 yuan, a drop of up to 65.7%, to become . profits 32 billion U.S. dollars, which includes a shareholder to the high premium subscription, national intangible assets, the state granted monopoly interests of the (high savings and loan poor). plus Shanggong Bank and Bank and other commercial banks, foreign shareholders at least Bank shares enjoy huge profits of billions of dollars or two, and a number of bonus shares and assigned to do?
3, for the interests of foreign shareholders to a vicious misappropriating shares. From 15 January 5522 point m3271 points, just two and a half 40.76%, and foreign rare big crash, the initiator is a vicious misappropriating peace. peace repeatedly about the refinancing of listed companies the right to market behavior, however,UGGs, whether it is consistent with the market rules ? According to media reports, the total assets of 623.7 billion Ping, liabilities 518.7 billion, net assets are 100 billion or so. which, h 13.2 billion in equity financing, a financing of 40 billion shares, stock gains 46.1 billion in 2007, selling 2.1 billion shares, the real part their net assets is zero, and its executives who have to take a 66 million annual salary, even an open circle should be made to a 160 billion shares. This is obviously an labeled fell to 48 yuan from 90 yuan, and its refinancing announced the suspension of the long overdue. in accordance with international practice,UGG bailey button, the proposed refinancing of listed companies shall declare the additional price at first, the closing price 20 days before the Jiuzhe. If the stock price fell within a month additional price break to as additional fail, may not be made within one year of the case. If China's stock market has also adopted market-oriented rules, the case of peace and future financing to refinance the other case, the market is fully capable to decide to choose, The stock market crash will never be a cause of the fuse.
4, with public opinion to the two ancient torture mm years, from 2245-998 point. This is a point hunters, contrary to recent news media more up: , Foreign Exchange Administration announced that it would relax restrictions qfii Fund spokesmen can frequently appeared in the central and local TV stations and newspapers, spread panic of speech, and guide the investors sell into China, disrupting the market for foreign investment group to seek illegitimate interests? Why do not these people by means of market violations words and deeds punished according to law do?
In short, the legitimate rights and interests and maintain the healthy and stable development of the market. This should be the bounden duty of the management, it goes without taboo.
Second, in the second quarter of the stock market is expected to recover 200 points on Wednesday
up large negative rods, enveloped the market of the upward trend.
on the decline, down 20.44% in March, a month, the first quarter fell 37.63%, from 15 January 5522 point down 40.76% since the two and a half, from 6124 points since last October 5 half fell 46.6%, most stocks almost , the annual U.S. stocks fell only 34%. see for the economy good condition China's stock market fell irrational sell into this round is bound to promise better.
on the market situation. I used to be the trend of stock index and all high level of abstraction for the four ; grave Piers 998 points in June as the fourth site,UGG shoes,
on the volume. China's stock market history shows that massive = top to the bottom of .4 volume = 3, when the Shanghai stock market bottom 3271 point volume decline to 695 million, April 10 rally again after dip 3344 points, the volume shrinking to 618 million, April 11 shrink to 60.5 billion more. This is the long and short sides agree that the bottom of the tens of millions of investors signal that the market is difficult to fall further. This is more than any other technical indicators are efficacious the market leader.
favorable factors of the market. As the United States has cut interest rates to 2%, 4.14% interest is difficult to have room to rise; accelerating appreciation of the RMB exchange rate trend has entered the cpi down; tightening macro-control policy from the hot, not too fast down); three consecutive from editorial Securities News, reviews, said the current stock market is Li Wei, director that being issued in the stock market; the State Administration of Foreign Exchange, said the restrictions should be relaxed on qfii market; at 3271 points and 3344 points to build a double-dip process, there is a large foreign capital and pulled through the vicious tactics used to pressure to do positive Jiancang Quotes clear signs; simultaneous release of a + h stocks such as ICBC, China Construction Bank, China Railway, China Railway Construction, the media and even the energy price convergence is almost upside down, the first heavyweight in the Guardian the issue price of oil firm behavior, adjustment of blue-chip group in place ; venture capital,bailey UGG boots, the Olympic Games, agriculture, new energy, equity brokerage, coastal and high active groups to send transfer plate; the second quarter, significantly reduced the size of non-reduction; in the closing eight weeks Yinxian even after closing last week, Yang; market has a reasonable valuation or underestimated, such as the average of 07 pe only 28 times, 08 times the dynamic pe only 21, indicating that the market outlook at least 30% upside.
course, the market can become from the recovery of the middle market quotation The key lies in whether the management by means of market their law to take substantive measures, such as lowering the stamp duty, such as the size of the non-reduction of reference to international practice, the limits for trading and institutional arrangements. If refinancing to regulate according to international practice measures: If a listed company must refinance the balance at the average price of the 20 additional price Jiuzhe launch the program within one month after launch, if the stock price below the issuance price, are considered additional failure, within one year may not be the re-financing, the right to decide what to market investors. as a cautious introduction of red-chip stocks back in this issue between the need for the premium difference between the two, on a stock investor compensation and so on. But anyway, the second-quarter rebound can expect.
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