Capital madman Liu Yiqian continues to buy and buy, aiming at Changjiang Securities again!

category:Finance
 Capital madman Liu Yiqian continues to buy and buy, aiming at Changjiang Securities again!


On the evening of July 23, Changjiang Securities announced that shareholders increased their holdings by more than 1%. From June 12 to July 22, xinliyi group, the largest shareholder of Changjiang Securities, increased its holdings by 55.6328 million shares through centralized trading in the exchange, with an increase proportion of 1.01%. The source of funds was its own funds. After the completion of the change, xinliyi group and two persons acting in concert held 19.28% of the shares of Changjiang Securities.

In the long lost bull market, even if there is a recent correction, the stock market of securities companies is still at a high level, and many shareholders of listed securities companies have also started queuing up to reduce their holdings. Recently, Huachuang Yangan, first venture capital, Nanjing Securities and other listed securities companies or concept shares of listed securities companies have been reduced by shareholders. Capital alligators choose to continue to shock into shares at this time, which also attracts the high attention of the market.

As the vanguard official of the bull market, the stock price of securities companies is also rising in this wave of market. In addition to retail investors and institutional investors, shareholders choice of opportunity to copy the bottom is also an unexpected joy.

After the completion of the change, the total shares of Changjiang Securities held by xinliyi group and two persons acting in concert reached 19.28%, all of which were shares with unlimited sales conditions. According to the information disclosed, the increase is not based on previous commitments, intentions or plans, but more like a bottom copy from major shareholders.

It is not the first time that Liu Yiqian has made such a large-scale increase in holdings in the near future. On the evening of June 12, Changjiang Securities announced that the new Liyi group and Guohua Life Insurance Co., Ltd., acting in concert, increased their holdings by 75.3346 million shares from May 23, 2017 to June 11, 2020, with an increase proportion of 1.36%. After the last equity change, xinliyi group and its persons acting in concert held 18.27% of the shares of Changjiang Securities.

Looking back on the past, as early as April 2015, xinliyi Group invested 10 billion yuan to acquire the 14.72% equity of Changjiang Securities held by Qingdao Haier, becoming the largest shareholder of Changjiang Securities. However, as any single shareholder and actual controller do not hold or control 50% of the equity and cannot control more than 30% of the voting rights, Changjiang Securities is still in the state of no controlling shareholder and no actual controller.

According to the annual report of Changjiang Securities in 2019, by the end of 2019, the main shareholders of Changjiang Securities approved by CSRC were xinliyi group, Hubei energy and Three Gorges capital, respectively holding 13.16%, 9.17% and 6.02% shares. Liu Yiqian is the actual controller of xinliyi group and Guohua life insurance, with a total shareholding ratio of 17.54%, and 3 directors are nominated; the actual controllers of Hubei energy and Three Gorges capital are three gorges group, with a total shareholding ratio of 15.19%, and three directors are nominated in total.

Since 2020, the equity changes of Changjiang Securities are more obvious, and all factional shareholders have increased or decreased their holdings. According to the first quarter report of 2020, xinliyi of Liu Yiqian faction and Hubei energy of Three Gorges department will hold 11.9 million shares and 20.4862 million shares respectively, with the increase proportion of 0.22% and 0.37% respectively.

Although the increase in the first quarter was not as good as that in the Three Gorges series, Liu Yiqians two large-scale increases since entering the second quarter have made his position as the largest shareholder more stable. In recent years, under the rapid rise of securities companies, capital tycoons choose to continue to rush into shares at this time, which also attracts the high attention of the market.

As far as the reduction price is concerned, the reduction price range of Hongtai group is 9.15-9.65 yuan / share. In terms of the recent stock price situation of Yangtze River Securities, Hongtai group can be regarded as a good opportunity to cash out.

Shareholders of listed securities companies queue up to reduce their holdings

When the stock prices of a number of securities companies are rising, the shareholders of many listed securities companies have also started queuing up to reduce their holdings. Recently, Huachuang Yangan, first venture capital, Nanjing Securities and other listed securities companies or concept shares of listed securities companies have been reduced by shareholders.

In addition, listed securities companies such as Huaan securities and Dongfang fortune have successively issued pre disclosure announcements on the reduction of shares held by the controlling shareholders (more than 5% of the shareholders) to disclose their willingness to reduce their holdings in advance. For example, on the afternoon of July 14, Huaan securities disclosed that its 8.18% shareholder, Anhui Publishing Group, expected to reduce its holdings by no more than 20 million shares, with a reduction ratio of no more than 0.55%. Dongfang fortune shareholders are expected to reduce their holdings of 161 million shares due to personal demand, with a reduction ratio of no more than 2%.

As an important financial asset held by listed companies, when the share price is soaring, the situation that securities companies shares are reduced by listed companies at the right time is also frequent in recent years.

For example, on the afternoon of July 14, Lansheng Stock Co., Ltd. announced that it reduced its holdings of Haitong Securities by 33.65 million shares through the secondary market of Shanghai Stock Exchange from June 24 to July 13, with a transaction amount of 497 million yuan. Lansheng shares gained about 213 million yuan from the reduction of Haitong Securities, while its net profit to its parent in 2019 was only 180 million yuan, and even suffered losses in the first quarter of 2020. It can be expected that the earnings from the reduction of Lansheng shares will contribute a lot to its annual performance.

Similarly, on the afternoon of July 7, Jiangsu Shuntian also announced the reduction of Huaan Securities shares, with a cumulative reduction of 33.9569 million shares and a transaction amount of 293 million yuan. The impact on the current net profit was more than 30 million yuan, more than 10% of the net profit attributable to the parent in 2019.

In terms of the reasons for the reduction, in addition to part of the reasons for the share reduction, the reasons given by the shareholders of securities companies are mostly business needs, capital needs, etc. However, judging from the stock price performance, the near future is indeed a good time to profit. From the perspective of recent market, since July, the stock market of A-share has been triggered by the securities business plate. Even if there is a recent correction, the stock market of securities companies is still at a high level.

On the other hand, the allocation ratio of institutions to securities companies is also declining. Recently, the Research Report of Societe Generale Securities analyzed the funds position in the second quarter of 2020, and said that since 2020, due to the downward impact of domestic and foreign economic expectations, the market value of heavy position allocation in the securities sector has declined significantly. In the second quarter of 2020, the number of open funds among the top ten heavy positions of public funds showed a trend of decrease.

Specifically speaking, the top five securities companies listed in the decreasing number of open funds were CITIC Securities (- 66), Huatai Securities (- 39), Haitong Securities (- 33), Societe Generale (- 10) and Changjiang Securities (- 4). In terms of market value, the top five securities companies with reduced market value are: CITIC Securities (- 588 million yuan), Huatai Securities (- 382 million yuan), Industrial Securities (- 61 million yuan), CAITONG securities (- 25 million yuan), Zhejiang securities (- 24 million yuan). CITIC Securities and Huatai Securities position funds decreased significantly. However, on the whole, the markets attitude towards securities companies is still optimistic. For example, Huaxi Securities pointed out in the research report that although there are differences between the main body of the institution and incremental capital, it is not pessimistic about the securities business plate in the case of trillion trading volume. It is expected that the registration system of gem will officially open at the end of the third quarter, which will also drive up the market of securities companies with investment banking characteristics. Zhongtai securities, on the other hand, believes that the core logic of its continuous recommendation of securities companies this year lies in the strength of policy support for direct financing and the market price of capital market under broad currency. Extended reading media: Peng Pos Anti China speech is vicious but serious in water injection. The seventeen Department issued a document: support more high-quality small and medium enterprises to visit the capital market. Xi Jinping came to FAW Group: we must get our national brand up. NF4368

Specifically speaking, the top five securities companies listed in the decreasing number of open funds were CITIC Securities (- 66), Huatai Securities (- 39), Haitong Securities (- 33), Societe Generale (- 10) and Changjiang Securities (- 4). In terms of market value, the top five securities companies with reduced market value are: CITIC Securities (- 588 million yuan), Huatai Securities (- 382 million yuan), Industrial Securities (- 61 million yuan), CAITONG securities (- 25 million yuan), Zhejiang securities (- 24 million yuan). CITIC Securities and Huatai Securities position funds decreased significantly.

However, on the whole, the markets attitude towards securities companies is still optimistic. For example, Huaxi Securities pointed out in the research report that although there are differences between the main body of the institution and incremental capital, it is not pessimistic about the securities business plate in the case of trillion trading volume. It is expected that the registration system of gem will officially open at the end of the third quarter, which will also drive up the market of securities companies with investment banking characteristics. Zhongtai securities, on the other hand, believes that the core logic of its continuous recommendation of securities companies this year lies in the strength of policy support for direct financing and the market price of capital market under broad currency.