In July, the ban of science and Technology Innovation Board of 340 billion yuan was lifted: who will reduce the most shares and what is the market impact

category:Finance
 In July, the ban of science and Technology Innovation Board of 340 billion yuan was lifted: who will reduce the most shares and what is the market impact


So, what kind of impact will the reduction of sci tech innovation board have on the market?

From the perspective of transaction amount, on July 24, 2020, the transaction amount of Shanghai and Shenzhen stock exchanges was about 1337 billion yuan, and the transaction amount of science and technology innovation board was about 58.8 billion yuan. The transaction amount of science and technology innovation board accounted for about 4.4% of the total transaction amount.

In other words, whether from the perspective of the total market value or the transaction amount, the proportion of the scientific and technological innovation board in the overall market is very low, and there is still a lot of room for development.

Science and technology innovation board is not the main force to lift the ban

According to the data of Oriental Fortune choice, July this year was the peak of lifting the ban in recent years, with a total market value of about 753.4 billion yuan. It is worth noting that the science and technology innovation board is not the main force of the market value of more than 750 billion yuan. Among them, the amount of the ban lifted by the science and technology innovation board company is about 340.4 billion yuan, while that of the non science and technology innovation board company is about 41.9 billion yuan.

In July, a total of 57 sci tech Innovation Board companies were lifted from the ban. The top three companies with the market value of lifting the ban were SMIC International (688981, SH; yesterdays closing price was 70.82 yuan), Zhongwei company and LanChi Technology (688008, SH; yesterdays closing price was 84.60 yuan), with the market value of about 86.26 billion yuan, 40.65 billion yuan and 31.77 billion yuan respectively.

In addition, the lifting of 753.4 billion yuan a month is not a rare thing in the A-share market. In July 2009, the amount of money lifted in a single month reached 1 trillion yuan; in October 2009, it reached 2.08 trillion yuan; in November 2010, it reached 2.48 trillion yuan; in July 2013, it reached 740 billion yuan.

In fact, the huge lifting of the ban in a single month has no definite correlation with the rise and fall of the market. From the above-mentioned five large lifting of the ban, the market fell after the huge lifting in July 2009 and November 2010, while the market rose after the huge lifting in October 2009, July 2013 and July 2020 (up to July 24).

There are nine organizations to be cleared

Among the 12 science and Technology Innovation Board companies that announced their plans to reduce their holdings, the top three companies with reduction proportions were Western superconductor, rongbai technology and Tianyi Shangjia, with the reduction ratios of 14%, 11.95% and 11.3%, respectively.

According to the daily economic news reporters statistics, there are 40 institutions in total that have announced the reduction plan. The shareholders identities are mainly less than 5% of the shareholders or more than 5% of the non largest shareholders. Only two listed companies have reduced their shareholding status, including directors, supervisors and senior executives.

Among the 31 Institutions (reduction of shares held by shareholders of medium and micro companies is inquiry transfer), most of them will start from August and end at the end of this year or next February.

Among the 40 institutions that announced the plan, the top three companies with the reduction amount (estimated according to the closing price on July 24) were zhidu (Shanghai) Investment Center (limited partnership), the shareholder of medium and micro company, with the reduction amount of about 1.07 billion yuan; Shenzhen Innovation Investment Group Co., Ltd., the shareholder of Western superconductor, with the reduction amount of about 804 million yuan; and the growth enterprise of Shaanxi Province, the shareholder of Western superconductor Guide fund management Co., Ltd., the reduction amount is about 804 million yuan. At the bottom of the list are the three directors, supervisors and senior executives of Wald (688028, SH; yesterdays closing price was 46.69 yuan), and the amount of reduction was about 480000 yuan.

They are: Xinguang Optoelectronics (688011, SH; yesterdays closing price of 39.16 yuan) shareholders: Harbin Langjiang Venture Capital Management Co., Ltd. - Harbin Langjiang innovation equity investment enterprise (limited partnership), Harbin Langjiang Venture Capital Management Co., Ltd. - Harbin Langjiang Huixin No.1 venture capital enterprise (limited partnership); walde shareholder Beijing Qidi Huide Venture Capital Co., Ltd Western superconductor shareholder Shaanxi growth enterprise guidance fund management Co., Ltd. - Shaanxi growth new material industry equity management partnership (limited partnership); aerospace Hongtu (688066, SH; yesterdays closing price was 44.12 yuan), Tianjin Mingxuan Investment Co., Ltd., Ningbo Tianchuang Dingxin equity investment management partnership (limited partnership), Ningbo Longxin Zhongsheng equity investment management Management Co., Ltd Li partnership (limited partnership); Tianyi Shangjia shareholders Beijing Ruize Industrial Investment Fund (limited partnership), Beijing Industrial Development Investment Management Co., Ltd. (SS). In contrast, although the amount of reduction of some shareholders of the medium and micro companies ranked the top, the proportion of reduced shares in the number of shares held was very low, ranking the bottom. Source: Daily Economic News Author: Zhao Li Nan, editor in charge: Wang Xiaowu_ NF

In contrast, although the amount of reduction of some shareholders of the medium and micro companies ranked the top, the proportion of reduced shares in the number of shares held was very low, ranking the bottom.