The Legal Person Share King Cashed Out BOE&Nbsp; Additional Issuing Institutions Resolutely Sell While Lifting The Ban

On June 10, BOE A (3.24, -0.25, -7.16%) listed 3.75 billion additional restricted shares, which immediately became a cash machine for participating in private placement institutions. Although BOE A closed at the limit, the institutions participating in the private placement still gained 4 billion yuan. After hours data showed that the sales of the top five seats in the list totaled 2.956 billion yuan, equivalent to about 845 million shares, accounting for 95.6% of the total transaction amount of the day.

A big deal that earned 4 billion yuan

On June 10, BOE A opened at 3.54 yuan and was quickly hit to the limit within 2 minutes. The limit was opened 9 times in the session, but 191100 sales orders were still sealed on the limit board in the late session.

BOE's closing price of A3.49 yuan also hit a new low since March 16 last year. At the same time, the turnover of 3.091 billion yuan also hit a new high since the listing of the stock. Yesterday, a total of 86.96 billion yuan was traded in Shenzhen, and BOE contributed 3.55%.

There was a change in the late trading of BOE A on June 9. Within one minute from 14:56 on the same day, several large orders for hundreds of thousands of shares suddenly appeared, driving the share price from 3.67 yuan to 3.76 yuan. At the last three minutes of the call auction, the stock price closed at 3.88 yuan, up 6.59%, and the stock price trend graph was almost vertical.

Some analysts believe that the late change of BOE A the day before yesterday was to prepare for the escape of the main force yesterday. In June 2009, BOE A issued 5 billion additional shares to 10 institutions and individuals, of which 3.75 billion shares were outstanding yesterday. At that time, Ko Xiping, the initiator of Zijin Mining (7.00, -0.03, -0.43%), and Shanghai Nuodasheng, controlled by Liu Yiqian, the "corporate stock king", respectively subscribed 700 million shares, with an additional issue price of 2.4 yuan per share. Based on yesterday's closing price, each of them made a profit of 763 million yuan. In addition, Yizhuang Investment, Zhishuai Investment, Aerospace Technology (13.63, -0.01, -0.07%) Finance Company, Haitong, Hongta, Southwest and other securities companies also participated in the subscription.

Even though BOE A fell by the limit yesterday, the closing price of 3.49 yuan was 45.41% higher than the additional offering price of 2.4 yuan/share. The 8 institutions and individuals participating in the private placement received 4.087.5 billion yuan. Such a considerable book surplus will turn into real gold and silver once sold.

The investment giant retreats

After the lifting of the ban on restricted shares, the big investors will retreat, but no one expected it to be so fierce. Yesterday, BOE A became the only non ST stock with a limit decline in both cities, and created a historical trading volume. After hours data shows that the funds involved in last year's private placement became the largest seller yesterday.

According to the data released by Shenzhen Stock Exchange, Donghai Securities Shanghai Shuicheng South Road Business Department sold 915.6 million yuan of BOE A, about 262.3 million shares. Jiangnan Securities Beijing Anli Road Business Department sold 804.6 million yuan, about 230.5 million shares. In addition, seats of the two institutions were sold for 635 million yuan and 403 million yuan, about 182 million shares and 115.5 million shares, respectively. Ranking fifth is CICC Beijing Jianguomenwai Street Business Department, which sold 198 million yuan, about 56.8 million shares. The five seats sold a total of 2.958 billion yuan, accounting for almost 95.6% of the turnover of BOE A yesterday.

It can be preliminarily judged that 262.3 million shares of BOE A sold by Donghai Securities Shanghai Shuicheng South Road Business Department may be sold by Shanghai Nordarsheng Information Technology Co., Ltd. under Liu Yiqian. Previously, Liu Yiqian participated in multiple private placements of real estate companies and was covered. The sale of BOE A may involve financial pressure.

Jiangnan Securities sold 804.6 million yuan in Beijing Anli Road, the second place in the sales list. This seat may be the hand of Beijing Yizhuang International Investment Co., Ltd. It entered UT Starcom in March this year, and launched the restructuring of ST Songliao (8.78, 0.02, 0.23%) in June. Choosing to sell BOE after the lifting of the ban can also relieve the pressure on funds. The other two institutions selling seats may be Haitong Securities (10.70,0.02,0.19%) and Hongta Securities.

Yesterday, most of the bulk buyers of BOE were retail investors, and no institutional seats appeared.