Ping An Asset Management Co Is Still Under Investigation

In view of whether Ping An Asset Management Co is suspected of being involved in the illegal trading of Haixin shares and has been investigated by the Shenzhen Securities Regulatory Commission, the responsible person of Ping An Asset Management Co said to Caixin reporter on Friday that he did accept the investigation and is actively coordinating with the relevant departments to investigate the information which has not been disclosed for a while.

People close to the Shenzhen Securities Regulatory Commission told Caixin reporters, "not so serious". "No investment manager was called to Shenzhen Securities Regulatory Commission for investigation."

Shenzhen Securities Regulatory Bureau recently conducted regular checks on securities dealers in the area, and the investigation of Ping An Securities has not ended.

Ping An Securities and Ping An Securities are the same as China.

According to China Ping An sources,

Earlier, media reports said that in mid May, Shenzhen Securities Regulatory Bureau pedestrian went to investigate whether the company's multiple accounts of Haixin shares trading behavior is illegal.

According to a quarterly report of Haixin shares, Ping An Asset Management Co's three accounts became the top ten tradable shareholders of the company.

Shanghai bulk trading platform information shows that in from January 4 to 6, 2011, Ping An assets bought and sold Haixin shares (600851.SH) for 6.67 consecutive days at 6.67 yuan / share, 7.24 yuan / share and 8.13 yuan / share respectively. The total number of shares traded amounted to 30 million 500 thousand shares, with a total turnover of about 215 million 300 thousand yuan.

In January 4th, Ping An Securities Research Institute just released a research report on Haixin shares. This report entitled "the value of rectal cancer therapeutic vaccine (APDC) is highlighted, and the share price is underestimated at least 50%", giving Haixin shares.