2019-08-04 21:44 关键词：谜语精选 分类：谜语精选 阅读：1347
Why did the securities rise? The answer is here!
After the country announced the new certificate for pre-school education yesterday, the related stocks that started trading in the US and went public in the US went out of the plunging trend, especially the red, yellow and blue that had passed the negative news earlier, actually triggered the fuse twice, and finally reported Received a price of 7.83 US dollars, a drop of 52.97%!
Another Bo Shile related to the concept of early education also fell by 16.71%. Considering that A shares also have some early education concept stocks, as well as Hong Kong penny stocks that have been heavily hoarded by some brokers yesterday, and then consider that today is the weekend, so the trend of A shares today is quite pessimistic.
Sure enough, the Shanghai Composite Index opened lower with a larger sell-off, and fell to a minimum of 2,657 points, which is about an hour after the opening. The Shanghai Composite Index, like other major indices, has successfully reversed the trend and has come out one after another. Wave's rising market, the highest actually pays to hit 2700 points, touched 2695.57 points! Is this swollen?
It turned out that brokerage stocks took the lead! Later, because of the news that the oil price will usher in the downward adjustment, the increase in the public transportation sector has also begun to strengthen, but this sector is very small (see the table below for details)
In today's industry sector, the sector rankings that rose by more than 2%:
(Data source access letter, the same below)
As can be seen from the above table, there are a total of 10 industry sectors with an average increase of more than 2%, but the sectors that have a greater impact on the market are securities, real estate and communication equipment.
Readers are advised to pay attention to the total amount of this column. It can be seen that in so many sectors with more than 2% increase, only the total turnover of the brokerage sector exceeded the 30 billion mark! The total amount of communication equipment and IT equipment is only 27 billion yuan. The real estate is such a large sector, and the total amount has not exceeded 20 billion yuan.
The brokerage sector has become the most optimistic leader in big money!
To see the performance, you can't understand: The latest three quarterly reports show that the entire brokerage sector has fallen for so long, and the valuation is still on the high hills: the average price-earnings ratio is 50.64 times! This is not the worst. The worst thing is that the average performance in the first three quarters has also dropped, and the range is still very large, with an average of 53.79%!
In fact, the entire brokerage sector has a total of 40 securities companies, except for Huachuang Yang'an, which has a 9.4% year-on-year increase. The remaining 39 brokers have shown a year-on-year decline in performance, and there are 4, accounting for up to 10%. of! In this way, what attracted the big funds to dare to grab chips on the weekend?
Of course, the news about the science and technology board is a good news. Now there is news that it is likely to come out in the first half of next year, and in order to have a good start, we will choose some high-quality companies to set an example, so that the investment banking business of the brokers will have certain improvement. Stocks with venture capital concepts in the market have risen and risen, and they have already entered the bull market ahead of time.
Next, there is a positive relaxation of refinancing conditions, not only can the use of refinancing be relaxed (which means there can be more reasons to ask for money), and the speed of money can be tripled in principle: from the past interval 18 months shortened to 6 months. Moreover, people said that only you can spend money in time, the project is not completed, nothing, you can apply to the CSRC and report at any time.
However, the above are still small profits, the most important, and the favorite policies of listed companies and securities companies are favorable. They were introduced after the close today, that is, the CSRC revised and released the information disclosure format and format of the company that publicly issues securities. Guideline No. 26 - Major Asset Restructuring of Listed Companies (Revised in 2018).
According to the news from Caixin News Agency, in order to further encourage support for mergers and acquisitions of listed companies, improve the quality of listed companies, serve the real economy, implement the reform of the stock suspension and resumption of trading system, and reduce the disclosure requirements for the merger and acquisition of listed companies, the CSRC recently revised and released Corporate Information Disclosure Content and Format Guidelines for Public Offering of Securities No. 26 - Major Asset Restructuring of Listed Companies (Revised in 2018) (CSRC Announcement  No. 36).
Then, the focus is coming!
The main contents of this revision are as follows: First, focus on the disclosure of the core elements of the major counterparties and the subject matter of the transaction. It is no longer required to disclose the business development status, major financial indicators and subordinate business names of the counterparty; it is allowed to simplify or suspend disclosure of relevant transactions for overseas mergers, acquisitions, auctions and other transactions. The second is to increase the flexibility of intermediaries' verification requirements.
Intermediaries are allowed to disclose verification opinions in conjunction with the actual progress of due diligence. Third, under the premise that the subject matter of the transaction has been clearly defined, it is no longer mandatory to disclose the target estimate or the proposed price, so that the parties to the transaction can negotiate the game more fully.
Fourth, under the premise of fully exposing the relevant risks, it is no longer required to disclose the matters of approval for ownership, environmental protection, etc., the expected impact of the transaction on the company's horizontal competition and related party transactions, and the relevant entities to buy and sell stocks.
I don't know if other investors have seen it. After I saw it, I felt that my heartbeat was obviously speeding up!
Forgive me for being dull, I hope that the Securities and Futures Commission will say that I understand it wrong tomorrow.
I understand it relatively plainly: the listed company reorganization should buy assets, do not tell investors how the quality of the assets bought, the business development status of the counterparty, the main financial indicators, and the subordinate companies that have branches and branches, do not need to introduce, If you want to buy, you can buy it! This is equivalent to the parents saying to the children who entered the marriage: I don’t have to tell me the object, the long-term, the family conditions, I don’t want to know, just give birth to the child, I am responsible for giving you a way, you go with the road It is enough to pay for milk powder and maintenance.
In the end, this is being deceived. I know how to ask and can’t ask the truth to give up. Still completely do not want to be responsible?
Second, increase the flexibility of intermediaries' "verification requirements"? Um, if you want to check, you will check it. If you don't want to check it, you don't need to check it. I want to ask for a high point. The low point is low. Can you look at it first? Does this elasticity mean ?
Articles 3 and 4, I have basically passed out: huh? The estimated value of the transaction target and the proposed pricing are not required to be announced? Then, it is no longer required to disclose the expected impact of defect, project environmental protection, competition for the same industry, related party transactions, and self-inspection of the relevant entities to buy and sell stocks? God, it’s really reassuring. Under the premise of fully exposing the relevant risks, all the responsibilities are exempted.
This means that a document has been issued to tell everyone that the reorganization of the matter will not matter the CSRC?
If my understanding is correct, the reunification of the carnival feast will not open, the good days of the brokers are not coming?
If you agree with this logic, you can consider brokerage B (150201) and securities B (502012). The price levels of these two graded funds are similar. The former has a lower premium and the volume is larger. The latter is a larger leverage.
If you are worried that the risk of leverage is too high, you can buy stock index funds directly. There are also a variety of options available on the court.
The details can be seen in the following table (the ETF index funds with securities in the name of the list are:)
Of course, if the stock selection ability is strong, you can directly choose the brokerage firm with strong investment banking power.