Han Shi Interpretation Of Gem Executives Reduction Is A Normal Phenomenon.

< p > here the world is < a target= "_blank" href= "http://www.91se91.com/" > dress < /a > a target= "_blank" href= "_blank". < /p >
< p > Jin Tong Ling controlling shareholders and so on, holding 17 million 600 thousand shares. Fuxing and Xiao Cheng two shareholders reduced 10 million 960 thousand shares. Tai Sheng wind energy company acted together to reduce 16 million shares. For some time, gem blowdown phenomenon appeared again. < /p >
< p > according to incomplete statistics, in May, the total amount of cash holdings for major companies was nearly 3 billion yuan, which was 8 times more than that of the 365 million yuan in April. As an important shareholder who knows more about the company's operating conditions and profitability than others, choosing to reduce stocks when the company's share price goes up may indicate a lack of confidence in the company. Investors should immediately be warned that many GEM companies will be on the road of "value return" after they have been wildly reduced by important shareholders. For example, last year, the Huayi Brothers, who had been heavily reduced by more than 1 billion yuan last year, have fallen by nearly 15% over the past year, far more than the 4.07% decline in the same period, which is even better than the 3.53% increase in the same period. < /p >
< p > from the overall market situation, although the gem is far superior to the main board market, the probability of accelerating upward again is relatively small based on the high valuation. In the near future, when the growth enterprise market is moving higher again, the important shareholders "cash in and leave", and the risk signal is beginning to show. Will the feast of the gem become a "leftover banquet"? < /p >
< p > late May, the a href= "http://www.91se91.com/news/index_cj.asp" > gem < /a > index has rebounded again. At the same time, the growth of gem executives has also increased by 8 times. Is such a situation normal? Why is there such a situation? < /p >
< p > Han Shi believes that it should be a normal phenomenon. First of all, the number of the first reduction is 3 times the number of rings, but the total amount is only 3 billion. The second is that in the whole process of reduction, the controlling shareholders have not formed a waiver of the controlling rights of the whole company, so from this point of view, the reduction of such shareholders should be one of the best in terms of capital efficiency without the listing of controlling rights. As a financial management or investment perspective, shareholder reduction should be a reasonable phenomenon. The second is from the perspective of the development of a company, shareholders have a reasonable understanding of their reduction. In the process of the development of enterprises, including the development of new industries in Hongkong and abroad, they have to go through several big bottlenecks, one is the bottleneck of the scale of enterprise operation, and the other is the bottleneck of business philosophy. If these two bottlenecks fail to break through effectively, they will lead to a qualitative difference in the final outcome of listed companies as emerging industries. Because, from the development process of new industries such as foreign countries and Hongkong, we can see the development path of enterprises. Most of the new industries have not finally come to a world-class company. Most of the companies have gone through the middle of the road, and this kind of demise is always in the process of these two bottlenecks that can not be broken through, and need to be done by external forces. One is takeover and merger, the other is the absorption of assets and merger and absorption. Therefore, in this perspective, the existing shareholder reduction does not mean that he is not optimistic about the future of the enterprise or the development of the enterprise. On the contrary, it may be a concept of the company that may arise. However, from the perspective of some companies in the reduction of the company, it seems that this level has not yet come to this level, and more probably comes from the rational operation of investment in the capital operation process and reflects in the market. < /p >
< p > but many investors will still be worried, because many GEM companies are going to go back to the road of value after they are wildly reduced by important shareholders. For example, Huayi Brothers, who were repeatedly cut back last year, have seen more than 15% of the stock price decline this year, far greater than the 4.07% decline in the same period, and the 3.53% increase in the gem index. Faced with the reduction of executives, ordinary investors need to be vigilant immediately. How should they respond? < /p >
< p > Huayi Brothers have certain particularity. Before the entire stock price reduction, Huayi Brothers may be the biggest increase in the market, and personal judgment should be in the top ten companies. Therefore, the reduction of shareholders and the performance of their stock prices should keep the trend of stock price reduction. If there is a big contrast, there must be certain conditions in the middle. This is not to say that all companies are like the Huayi Brothers, which have been reduced several times after the increase, and the stock price has fallen. Similarly, we can see that there are many cases. After many shareholders' holdings, the stock price has been rising continuously. Therefore, it should be said that whether shareholders' reduction depends on whether the company's share price is manifested in the market, and whether the time and stage characteristics are very distinct, then it is good or bad to judge whether the shareholder's reduction is the performance of the stock market. Huayi Brothers' situation does not mean the reduction of shareholder value in the whole growth enterprise market. < /p >
< p > gem has always been optimistic about the concept of emerging consumption. At present, a large number of such stocks are entered into a verification period, coupled with a downward pressure on growth performance. How to judge the next trend of gem? Is it the best time to make money? Has it passed? < /p >
< p > Han Shi believes that the newly emerging industries represented by the gem now include communications, electronics, smart phones, Internet of things, Internet, electronic software, power batteries for electric vehicles, and new energy companies. They are still in the industry and are still in a preliminary stage, not that their early money making effect is over. Now it is just a starting stage. With the development of the following enterprises, the revenue and profit growth of these enterprises will be greatly improved in the next two to three years. So judging from this angle, including the transformation of China's economic structure, innovative consumption plays a crucial role in the transformation process. Under this background, leading the new a href= "http://www.91se91.com/news/index_c.asp" > industry < /a > growth and development space is very huge, so the current trend of gem is still a new round of pre valuation repair. < /p >