In the face of the sharp fall of A-share market caused by the epidemic, a number of A-share companies issued plans to increase their holdings to show their confidence in future development, and even more companies began to increase their holdings rapidly after issuing plans to increase their holdings.
On February 4, Hangjin technology announced that as of February 4, 2020, Cai Weidong had increased 220000 shares accumulatively through the secondary market centralized bidding transaction, accounting for 0.032% of the companys total share capital, with an accumulated increase of 5.2297 million yuan.
Just the day before, the company just announced plans to increase its holdings. In the morning of February 3, Hangjin technology announced that Cai Weidong, chairman of the board of directors of the company, planned to increase his holding of shares of the company in the form of self owned or self raised funds through centralized bidding in the secondary market between February 3 and August 3 (no trading in the window period), with the upper limit of 50 million yuan and the lower limit of 30 million yuan.
According to wind statistics, up to now, nearly 10 companies have issued plans to increase their holdings since February 3, among which many companies have issued plans to increase their holdings after the closing on February 3, such as Gezhouba, Shanghai Lingang, CICC environment, Grimm, ANGLI of Jiaotong University and Shanying paper.
As for the reasons for the increase, the company said that it was based on its confidence in the future development of the company, and the company also clearly stated the impact of the epidemic on the company.
Shanying paper said that the companys strategic layout and financial foundation have been gradually consolidated. In 2020, the development momentum is good, and the new coronavirus epidemic occurred in the traditional off-season of the companys domestic box board corrugated paper and packaging industry. The area where the companys overseas plate is located has not been affected by the epidemic, and the epidemic is expected to have little impact on the company. The companys current share price is a low point since the second half of 2016, which is quite different from the companys value. Based on the recognition of the companys development prospects, intrinsic value and long-term investment value, the above-mentioned senior managers have implemented this increase in holdings to support the companys sustained, healthy and stable development and improve the investors confidence.
The bottom of the pocket is enlarged and reappeared. On the evening of February 4, helanxin announced that Shen wanqiu, the controlling shareholder and actual controller of the company, submitted the proposal on encouraging employees of the company to increase their holdings of the companys shares, and proposed that all employees of the company, its wholly-owned subsidiaries and its holding subsidiaries actively buy the companys shares. Mr. Shen wanqiu promised that for the employees who had bought the net shares of hailanxin from February 5 to February 11 and had held the shares for more than 12 months in a row and were on the job, if the losses were caused by the increase of the shares of hailanxin during the aforesaid time period, Shen wanqiu would compensate them with his own funds; if there were gains from the appreciation of shares, they would be owned by the employees themselves.
In addition to the increase, there are also important shareholders of the company who terminate the reduction plan in advance, such as guangshengtang and baby friendly room. In the evening of February 3, Aiying office announced that in combination with the current market trend, based on the confidence in the sustainable and stable development of the company and reasonable judgment on the value of the company, Gao Min, vice president and Secretary of the board of directors of the company decided to terminate the implementation of the share reduction plan in advance.
Many companies buy back their own shares at their own expense
In addition to the increase of important shareholders, many companies buy back their own shares at their own expense, demonstrating their confidence in future development.
In the evening of February 4, Chenxin pharmaceutical announced that the Company repurchased 1812800 shares for the first time through centralized bidding trading today, accounting for 0.40% of the companys total share capital, with the highest price of 16.60 yuan / share, the lowest price of 16.01 yuan / share and the total amount paid of 29.994 million yuan.
In the evening of the same day, Yanggu Huatai announced that on the same day, the Company repurchased 1.61 million shares for the first time through the special securities account for share repurchases, accounting for 0.41% of the companys current total share capital, the highest transaction price was 7.25 yuan / share, the lowest transaction price was 6.91 yuan / share, and the total amount paid was 11.34 million yuan.
Jinqilin, Huaxin Cement, sanaifu and other companies also released the first buyback. In addition, a number of companies announced the progress of repurchase. Xinneng Taishan announced in the evening of February 3 that as of January 31, 2020, the company had repurchased 31.1593 million shares by means of centralized bidding, accounting for 2.416% of the companys total share capital.
Kangli elevator announced that as of January 31, 2020, the company has accumulated 7.8514 million shares to be repurchased by means of centralized bidding trading through the special securities account for repurchase, accounting for about 0.98% of the companys total share capital before the implementation of the share repurchase plan. The accumulative total transaction value is 87.6346 million yuan (excluding transaction costs).
In addition to the ongoing repurchase situation, many companies have proposed repo schemes, such as Yu Garden shares and San Li. As for the reasons for share buyback, both companies stated in the announcement that the buyback is intended to be used in the employee stock ownership plan or equity incentive plan, which is based on the companys confidence in future development and stock value judgment.
Sanxiang impression announced on the eve of the opening of the market that the company plans to buy back its shares by means of centralized competitive trading, with the buyback scale of no less than 50 million yuan, no more than 100 million yuan, and the buyback price of no more than 6.8 yuan / share.
Zhou Maohua, an analyst in the financial market of Everbright Bank, told the securities times that the move of listed companies is of positive significance to the market at present, and the increase in the holding of listed companies has a certain meaning of trust.
In addition, the counter trend buyback of listed companies helps to stabilize market sentiment and avoid significant losses caused by irrational drop of some retail investors.
Fund companies set off a wave of self purchase
E fund said that the epidemic may have a short-term impact on the economy and market, but the time and scope are limited. Historical experience such as SARS also shows that after the peak period, the market will generally be significantly restored
Jingshun Great Wall Fund said that in the medium and long term, the epidemic will not change our medium and long-term trend and growth, and the market is expected to return to normal operation after the end of the epidemic. At present, the market valuation is in a low position with a certain margin of safety, which also reflects a better long-term investment value, providing a better support for investors with medium and long-term allocation needs.
In addition to the public sing more A shares, many public fund real gold and silver self purchase their own partial stock fund, yesterday Xingquan fund launched the first shot of self purchase of public fund.
Xingquan Fund announced in the evening of February 3 that the company had purchased about 37 million yuan of the companys partial public funds with its own funds on February 3, 2020, and will purchase about 23 million yuan of the companys partial public funds on February 4, 2020, totaling about 60 million yuan of the companys partial public funds. For the purpose of self purchase, the company expresses that it will adhere to the concept of long-term investment and value investment and create value for the fund unitholders as always.
After Xingquan fund, today many public fund companies follow. According to incomplete statistics, the total self purchase amount of these fund companies is over 1.6 billion yuan.
In the afternoon of February 4, Wells Fargo Fund announced that the companys inherent capital and all senior managers jointly contributed 50 million yuan to purchase the companys partial share public fund on February 4 and February 5, and promised to hold it for at least one year.
In the afternoon of the same day, Harvest Fund also issued a notice, disclosing that the company invested 50 million yuan in the companys equity funds with its own capital on February 4, 2020.
After the closing on February 4, Tianhong Fund announced that Tianhong fund and its wholly-owned subsidiary Tianhong innovation asset management Co., Ltd. decided to invest a total of 500 million yuan to purchase the partial public funds under Tianhong fund, of which Tianhong Fund Management Co., Ltd. invested 350 million yuan to purchase the partial public funds under Tianhong fund;
Tianhong innovation asset management Co., Ltd. invested 150 million yuan to purchase the partial share public offering fund under Tianhong fund.
As a professional institutional investor, the fund company actively subscribes to its own fund, which shows that institutional investors such as the fund still have relatively optimistic predictions about the future market. In addition to public funds, foreign investment is also taking action. It is reported that Huili Group, the pioneer of Asian value investment, has recently applied for the Greater China fund and China stock fund of Huili Group with its own funds of no less than HK $100 million from Huili Hong Kong and Huili mainland companies. The main investment direction of these funds is A-share and Chinese enterprises in Hong Kong stock market. Based on the concept of long-term value investment, the companys fund manager also recently applied for and will hold the China Equity Fund of Huili Group for a long time. (the content of this article is for reference only, not as the basis for investment. Therefore, it is listed on the market, and the cover of risk taking comes from: photo website) source of this article: e companys responsible editor: Zhang Mei, nf2100
As a professional institutional investor, the fund company actively subscribes to its own fund, which shows that institutional investors such as the fund still have relatively optimistic predictions about the future market.
In addition to public funds, foreign investment is also taking action. It is reported that Huili Group, the pioneer of Asian value investment, has recently applied for the Greater China fund and China stock fund of Huili Group with its own funds of no less than HK $100 million from Huili Hong Kong and Huili mainland companies. The main investment direction of these funds is A-share and Chinese enterprises in Hong Kong stock market. Based on the concept of long-term value investment, the companys fund manager also recently applied for and will hold the China Equity Fund of Huili Group for a long time.
(the content of this article is for reference only, not as investment basis. Therefore, when entering the market, the risk taking cover map comes from: photo website)