Shi Yuzhu (microblogging), and Yawei, two in the capital markets powerful figure. The former in the 1990s started to join the high-tech industry, 250 million debt after bankruptcy overnight, but a miraculous comeback after a few years but has now sitting on ten billion net worth; the latter is a leader in China's fund industry , the charge of the Chinese market in 2007 to 226 per cent of the net growth rate of various types of funds ranked first in 2008, the Fund has become a major bear market defensive runner-up, is known as
But recently, the two biggest names in the capital market is in the dark than on the strength, the object is highly controversial bank shares. Past six months, Shi Yuzhu holdings of bank shares has been hard, strategy is to buy more or more; and Yawei in charge of the Chinese market and Chinese policy in the first half, including banks, financial and insurance stocks basic clearance.
in the end who is right? In this regard, Shi Yuzhu yesterday (July 22) in its micro-Bo said, value, the starting point not the same, there is no right or wrong issue. continue to hit a record low; the other hand, a huge refinancing, debt platform, and many other parts of the negative factors are constantly shrouded in cloud so that the banking industry under. Shi Yuzhu PK Yawei, perhaps reflecting the essence of the valuation of bank shares PK fundamentals.
Shi Yuzhu 40 holdings Minsheng Bank
7 19, the interests of HKEx information disclosed on July 14, Giant Group's special health Life Technology Co., Shanghai China Minsheng Banking Corporation completed the first 40 A-share holdings, held by the proportion of tradable A shares Minsheng Bank has reached 3.38%. According to a quarterly disclosure of information Minsheng Bank's top ten shareholders of circulation point of view, Shi Yuzhu has become the sixth largest shareholder of Minsheng Bank, Minsheng Bank is the fifth largest A-share circulation of shareholders.
According to HKEx Information, from March 30 to June 22 of the 57 trading days, Shi Yuzhu's Life Technology Co., Ltd. Shanghai Jian special 33 holdings Minsheng Bank at a cost of more than 2.8 billion Yuan, increased its stake from 0.65% to 2.82%. After that from June 23 to July 14 of the 16 trading days, the frequency of slow Shi Yuzhu holdings, completed a total of 7 times holdings. Total down, Shi Yuzhu spent a total of 40 holdings of about $ 3.5 billion.
but for Shi Yuzhu, the holdings through the secondary market is purely the choice of helplessness. In January this year, Minsheng Bank proposed private placement program, the price is 4.57 yuan / share. Shanghai Jian Shi Yuzhu was particularly high-profile announcement will spend 6.5 billion yuan to subscribe for 1.424 billion shares. However, because this program was challenged by minority shareholders were not, Shi Yuzhu had to turn from the secondary market to buy, also will raise costs. This is 40 times the cost price per share holdings of ~ 6.1 at 5.58 yuan on Friday, Minsheng Bank A shares closed at 5.62 yuan, Shi Yuzhu held little change in market value.
Yawei the second quarter, clearing banks
and star fund manager Yawei face banking stocks, but made a different choice.
a quarterly,
discount louis vuitton sunglasses, Yawei explicitly pointed out: more problems, Yawei in the face of uncertainty, the choice to avoid risks.
Earlier this year, the Chinese market financial and insurance stocks the proportion of total net assets of the Fund up to 20.31%; in the first quarter fell to 10.46% at the end. By June 30, this proportion further decreased to 2.89%, or about the market value of $ 220 million. Chinese policy is even more simply clearing the financial and insurance stocks; Earlier this year, China policy held by financial and insurance stocks ratio of 13.78%, while a quarter dropped to 5.61%, the second quarter dropped to zero.
Awkwardness of view from the top ten earlier this year, the Chinese market holds a Construction Bank,
louis vuitton sunglasses online sale, Industrial and Commercial Bank, Bank of Communications, China Everbright Bank 4 Bank shares,
Man Ming shotgun house was taken away by police, worth over $ 1.2 billion; China policy held at the Construction Bank, Bank of Communications, China Everbright Bank 3 Bank shares. To the second quarter, both the Chinese market or Chinese policy, banking stocks are all in the top ten Awkwardness disappeared.
they do not exist right or wrong
two big dogs character, a firmly holdings, land holdings of a firm. In the end Who is right?
this has caused the market of intense discussion, and even investors joked: microblogging yesterday given his own answer: Like, there is no right or wrong issue. , focusing on the hedge first, then seek value-added, the bank's high security, fluidity, but also provide a lot of dividends, I think he saw the reason to buy bank stocks can not rise much, but first consider to a safe, high mobility, high dividends and other factors. In addition, Shi Yuzhu in so many bank stocks only that pick in Minsheng Bank, Minsheng Bank may take into account is private, into the future can be described as words. and to Shi Yuzhu influence and contacts to invest in several projects should be very easy, but again and again to invest in banking stocks, may also reflect that he was not optimistic about the real economy. a private person, pointed out that the influence from two point of view, groups of fans in recent years Yawei, ideas can not only affect the fund managers, but also affect many ordinary investors, the banking sector may be difficult to immediately up. However, in the long run, banking sector has indeed hit a record at the bottom of the valuation area, with investment value. Who is right or to the market to determine.
analysts expected mid-year report quotes
In fact, Chinese banks, the recent market for them has reached the peak of the basic differences, and even can not directly invest in A shares Overseas investors view is very different.
Murdoch's Interestingly, these articles just look at the title already tells the reader, the differences between the great author. Such as the July 19 headline called And yesterday (July 22) the headline is
huge differences in the market under the recent trend of banking sector downturn. Despite continuous Shi Yuzhu holdings, since May Minsheng Bank A-share decline is still more than 7%. Meanwhile, most other banking stocks down to different degrees, such as Huaxia Bank drop of 13.5%; Bank of Beijing is more than 17% decline.
At the same time, the banking industry remained strong growth performance. Such as China Everbright Bank on July 9 released results of Letters, the first half the company achieved net profit of 9.2 billion yuan, up 34.6%; Shenzhen Development forecasted 50% to 60%; huge agricultural banks performed strongly, according to the company July 13 by the pre-announcement, in the first half year net profit increase of ABC in more than 45%.
fell interaction and performance of high growth, resulting in A-share valuation of the sector, fell to a record level of the bottom area. Wind information statistics show that as of Friday,
cheap Louis Vuitton sunglasses,
[ Poetry ] from injury, the whole banking sector earnings and book value were 6.7 times and 1.54 times. In the October 28, 2008 when the market bottomed out 1664 points, the overall banking sector earnings and book value were 8.4 times and 1.98 times.
so cheap bank stocks still can not attract capital for admission. The reason is, first, the increasingly stringent standards of capital adequacy allows banks have to continue financing the huge wave of last year; statistics show that currently 16 listed banks have been 14 announced a refinancing program, the size of more than 460 billion yuan; Second, recently began to place the risk of exposure to the debt platform, the market worry that banks will suffer losses in this storm.
However, it is because of the forthcoming mid-year report window, and they have very low valuation of banking stocks, many brokerage analysts repair market valuation of bank shares began to look forward to.
CSC analyst Wei Tao, in a recent research report that Shenzhen Development Bank and Agricultural Bank of China's growth rate of reporting the results exceeded expectations; reporting the results of the industry expected to grow 30% year on year, and there is over may be expected. Banking market has been launched mid-year report, in accordance with arbitrage pricing model, only from the perspective of macroeconomic fundamentals, banking sector rose in July range from 0 to 3%. If we consider the market reaction to the excessive lending platform, you need to self-amendment, in July up banking sector will be greater than the range of space. Related: Shi Yuzhu 40th overweight holdings of Minsheng Bank China Minsheng Banking Shi Yuzhu frequency slowed down firmly secured sixth largest shareholder Shi Yuzhu Hualian shares soared to invest in new float 380 million surplus microblogging Recommended | SAN official microblogging
Bank shares take the ring Shi Yuzhu PK Yawei hold
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