A-share deep V rebounds in ZTE
After the “black Tuesday” of the 1,000-share limit, along with a statement by the Governor Yi Gang, on June 20, the “Shenzhen V” rebounded in Shanghai and Shenzhen, with 52 daily limit stops.
Yesterday, the two cities opened lower collectively, and then continued to explore; before the market closed at noon, the market entered a rebound state, the Shanghai stock index rebounded throughout the day, and the GEM was the vanguard of the rebound.
At the close, the Shanghai Index rose 0.
27%, closed at 2915 points; Shenzhen Component Index rose 0.
92%, closed at 9501 points; GEM rose 1.
08%, closed at 1563 points.
In the shrinking rebound yesterday, the two major sectors of steel and military performed well, leading the market to rebound.
Yesterday, there were 62 stocks with limit stops, and the number of limit stops fell sharply, but it was still larger than the limit limit.
Some stocks still hit a record low. Among them, Zhonghong Co., Ltd. fell below 1 yuan during the consolidation session. In the shrinking rebound, some stocks staged a top plate.
ZTE’s limit fell again in A shares, which contrasted sharply with the 20% increase in Hong Kong stocks.
On the day of the preliminary “Yi Gang” appeasement of the stock market, the official website of Chang Zhuan disclosed that Yi Gang accepted the interview article of “Shanghai Securities News”.
Yi Gang said in an interview that the stock market fluctuated and was mainly affected by emotions. The surrounding stock markets also fell to a certain extent.
Since it is a market, there will be ups and downs, investors should keep calm and take a rational view.
At present, the fundamentals of the national economy are good, the added value of economic growth, the total supply and demand are more balanced, and the growth momentum is rapidly changing. Since this year, the RMB is one of the few currencies that appreciate against the US dollar.
Based on such economic fundamentals, China’s capital market has conditions for healthy development. I am full of confidence in this.
Prior to the Dragon Boat Festival, the United States has vowed to impose a 25% tariff on about 50 billion US dollars of goods imported from China, adding to the Sino-US trade friction.
In an interview, Yi Gang said that the restructuring, domestic demand’s driving effect on the Chinese economy has continued to rise, and the trade dependence has dropped from 64% in 2006 to 33% last year, which is lower than the world average of 42%.The proportion also dropped from about 10% in 2007 to 1 last year.
3%, the developing countries’ ability to cope with external shocks has continued to increase.
ZTE staged a fire and ice day on A shares and H shares On June 20, ZTE staged a fire and ice day on A shares and H shares.
In the final close, Hong Kong stocks rose by 20%, and at the close, ZTE’s A-shares ushered in a fifth limit.
In the four trading days before June 20, its H shares fell by 41.
81%, has gradually reduced about 56% since the resumption of trading.
It seems that although its H shares have improved and rebounded today, compared to A shares, their H shares still have a certain discount.
Due to the US Department of Commerce sanctions, the resumption of ZTE’s trading was not smooth, and 39 fund companies were lowered their estimates before the resumption.
ZTE has penetrated the expected minimum budget of some funds in advance.
The reason behind this is that US sanctions are not yet clear.
A news mention on June 19, 2018 (among others): “The U.S. Senate passed on Monday night a bill that would resume the alleged legislative action against China Telecom giant ZTE Corporation.
ZTE clarified that the version of the NDAA passed by the U.S. Senate (hereinafter referred to as the “senator version”) is still not U.S. law because it has been passed in only one of the two houses of the U.S. Senate.
The version of the NDAA (hereinafter referred to as the “House version”) adopted by the US House of Representatives does not include the first two of the above three clauses.
Thereafter, the Senate version will need to be coordinated with the House version through the Coordination Committee.
Eventually, after a coordinated version is passed by the Senate and the House of Representatives, these bills will be submitted to the president for his signature or veto.
So why did ZTE’s Hong Kong stocks soar?
Some analysts believe that in addition to the above-mentioned clear announcements, the “freeze” of the first version of the 5G commercial standard means that the ten-year cycle of the communications industry will usher in a new starting point, which is of great significance.
There were 26 “one yuan shares”. Zhonghong shares once fell into “fair stocks” yesterday.
11 yuan, intra-day amplitude as high as 20.02%, turnover rate is over 54%.
This means that if you buy in the morning, the floating profit will be 20% at the close of the day!
Similarly, Ropuskin has an amplitude of over 20%.
In fact, Yaxia Automobile, Zhongyuan Special Steel, and Quartz were also pulled up from the limit stop, with an amplitude exceeding 18%.
Affected by the bearish A-share bear market, some stocks have continued to fall in recent days, and the number of “1 yuan shares” has increased in batches.
On June 20, Zhonghong shares once fell below 1 yuan, and the lowest intraday price was reported as 0.
99 yuan, closing at 1.
Data show that there are 26 1 yuan shares in the two cities.
According to public information, Zhonghong Holdings Co., Ltd. is a comprehensive real estate company based in Beijing, mainly engaged in real estate development, industrial investment and management.
The company’s controlling shareholder is Zhonghong Zhuoye Group Co., Ltd., and Wang Yonghong is the actual controller of the company.
At present, this ten-billion-dollar housing company has embedded a crisis in the capital chain.
Zhonghong Co., Ltd. announced on the evening of June 13. On the date of termination of the announcement, the company and its subsidiary holding subsidiaries gradually overdue the total amount of principal and interest of the debt to 36.
8.8 billion yuan, all for various types of loans.
The company is currently negotiating a proper solution with the relevant creditors and is working hard to raise funds for debt repayment.
Air Force, On June 7, part of the company’s shares held by the company’s controlling shareholder Zhonghong Zhuoye was frozen again by judicial waiting.
At present, Zhonghong Zhuoye holds 22 shares of the company.
2.8 billion shares, accounting for 26 of the company’s total share capital.
55% have all been frozen by the judicial system and judicial waiting.
Under the above background, the shareholders of Zhonghong Co., Ltd. fled.
As of June 20, Zhonghong is expected to shrink by 47% this year, making it the “cheapest” stock in Shanghai and Shenzhen.
In essence, the financing of housing enterprises is facing a cold wave.
Recently, the information published by the Securities Regulatory Commission on the “Re-financing Review Work Process and Application Company Status of the Issuance Supervision Department” shows that the status of the non-public issuance application process of the two real estate companies of Taihe Group and Zhonghong Co.””.
Of the 26 one-share shares, except for the delisting of Kunji and the delisting of Jean, 11 shares are ST shares.
* ST Anmei, * ST Antai, * ST Bao Qian, * ST Dongdian and other one-share stocks are worrying about the fundamentals, and some stock returns are negative.
* ST Antai has the best performance, but can only gain 0.
Focus A shares broke 186 net shares.
According to the statistics of the flush flush, there were 186 A-share net shares.
After the sharp fall on June 19th, the three major A-share indexes are at their lowest levels in the past two years. So, is it an opportunity for investors to make a bottom?
The BOCI International strategy team has a more optimistic view. The agency believes that the valuation of the A-share market is reasonable, and the asset price has fully reassessed the risks.
Judging from the policy curve, it is currently at the top.
From an emotional point of view, pessimistic consensus has been formed.
From historical experience, it is currently a bottom feature.
The agency recommends that investors change their attitudes and be positive.
Judging from the data, the Shanghai Composite Index is currently at 3021 points, which is a distance of 42% from the previous peak of 5178 points in June 2015. From the perspective of the forecast, the number of stocks estimated at 0-40x is 51%;Sentimentally, the average handover count last week was 0.
81%, already at the bottom level in history.
Regarding the Sino-US trade friction, 苏州桑拿网 the agency believes that the scale of 50 billion yuan in taxable goods accounts for about one-tenth of exports to the United States and about 2% of China’s total exports.
2%, about 0% of GDP.
4%, the impact is relatively controllable.In the short term, the heating up of the conflict may exacerbate the recent pessimism, pushing the market to continue to explore.
However, due to the controllable impact of tariffs on China’s economic growth, and the overall market estimate is reasonable, there are more undervalued stocks, and there is no basis for a significant decline.
Monita ‘s research on Pringle ‘s quick review is otherwise pessimistic. He believes that the Shanghai Stock Index fell below the 3,000 mark on Tuesday, and the situation is worrying. With the increase in trading volume, the market ‘s selling pressure is 南京夜网 heavy, so it may take several daysCan only be digested.
He believes that before the Shanghai Stock Exchange returns to 3050 points, the A-share market is still in a weak position.
Dongguan Securities believes that on the whole, the broader market continues to be weak in terms of technical strength and sluggish popularity. The selling pressure in the market is still to be moderately released. It is expected that the short-term shock will continue to fluctuate and wait for moderate stabilization.
Moderate caution is recommended in operation.
Many companies have sounded the alarm for closing positions due to pledges Recently, many companies have sounded the alarm for closing positions.
On June 19, Career announced the suspension of trading, and Ren Fei, the actual controller of the merged company, received Wang Wang’s “Post-Market Recovery Notice” from Shanxi Securities. The accounts of the two have reached the liquidation line. If the guarantee cannot be added on timeStocks will be forced to liquidate.
That night, Yu Diamond issued an announcement that part of the pledged shares of Guo Liuxi, the actual controller of Henan Huajing Superhard Materials Co., Ltd. (hereinafter referred to as Henan Huajing), the controlling shareholder of the company, touched the liquidation line, leaving a risk of liquidation.
Di Wei Xun announced on the same day that all the company’s shares pledged by the controlling shareholder Beijing Ance had reached the liquidation line, and there was a risk of liquidation, accounting for 40% of the company’s total share capital.
In addition, Oriental Ocean, Lianjian Optoelectronics, Zhongnan Culture, Huayi Jiaxin and other companies have issued announcements recently that the company’s controlling shareholders and other executives are holding shares to face the risk of liquidation.
In fact, equity pledge is already common for A shares.
According to statistics from Flush i, the number of stocks with a cumulative pledge ratio of more than 10% has reached 2,479.
Multi-company shareholders or executives announce increased holdings At the same time as multi-company outbreaks of the liquidation crisis, there are also shareholders of most companies or executives announced an increase in holdings.
On June 20, Changal Aluminum issued an announcement that the company’s controlling shareholder, Changshu Aluminum Foil Factory Co., Ltd. plans to gradually increase its holdings of the company’s shares to not less than 1 million shares within the next 6 months from June 21, 2018.2 million shares.
June 19, Asia-Pacific Science and Technology News.
01 yuan, has been falling.
Asia-Pacific Technology announced on the 20th that the company’s actual controller, Zhou Ji, plans to increase the amount of its own shares by no less than 20 million and no more than 200 billion U.S. dollars in the next 6 months.The company’s shares will not be reduced during the legal period.
However, this announcement announces the recovery of the reduction in Asia Pacific technology.
As of the close of June 20, Asia Pacific Technology Stocks was reported at 5.
48 yuan, down 8.
United Zhongzhuangzhuang announced on the 20th that some of the company’s management personnel plan to increase the company’s shares in the next 6 months, the increase is expected to be no less than 200 million yuan.
Beijing News reporter Wang Quanhao Lin Zi Liang Chen