Additional price frequently cut public and private Ruoshi Nuggets set to increase product

⊙ reporters Wu Jing ○ edit Zhang Yiwen

weak market conditions, the recent number of listed companies frequently cut the private placement price. With the listed companies will increase prices down, to participate in the scheduled increase in profitability in the industry view, will be stabilized. In the past one month, given the increase in product performance shine, whether it is private funds or public offering accounts, Ruoshi issue given the growth products "Nuggets" Road. According to Shang Zhengbao information statistics, more than three months since November last year, has up to 29 listed companies down to the private placement price, the individual or several times lower given the increase in price. Specifically, in November last year, nine listed companies to cut its scheduled increase in the price, December 4, then increased sharply to 11 in January of this year, half of the time since February 6. the

listed companies in a given increase in price is lowered, compared with the first release of the plans prices are generally lower by about 20 percent to 30 percent, some companies down repeatedly given the increasing price, the price than the initial or even close to cut. Such as non-public offering of shares in the COFCO Tunhe recently released the revised plan, the total funds raised, and raised the same premise Investment Plan, lowered the reserve price the issuance of additional shares to 5.70 yuan, rise in the number of issued not more than 858 million shares . The company was first released in May 2011 plan, the scheduled increase in the reserve price in October last year, down from 10.47 yuan to 7.98 yuan. This is the second revision of non-public offering price. Similar cases Sichuan Jiuzhou.

industry believes that listed companies in the private placement price will be compared with the implementation of the private placement of stock at a discount, which is equivalent to the funds involved in the private placement to provide a "safety cushion" is also a lock-up period the mobility of compensation. Listed companies will increase prices frequently down in the background of the weak market, pricing will be more reasonable, participate in targeted profit margin of safety is relatively higher.

In fact, the reporter has learned, either private equity or public offering accounts, Ruoshi issue fixed-growth products have become the "Nuggets" Road.

Shenzhen, a medium-sized fund companies said, the recent issue a participation in the listed companys private placement of special products. In its view, the profitability of listed companies private placement is relatively stable, which is the object of a good investment for special products. In fact, the reporter has learned that there are many large fund companies issue given for adding the special products. According to Hai Tong Securities (Confucius News) statistics, in December last year, private placement class private equity products, the explosive growth of the total establishment of 14 private equity funds, private placement of stock investment targets accounting for the month all of the newly formed 43 32.6% was the highest level.

private placement class private equity products have also made impressive performance in the first month of 2012. According to statistics, (Confucius News) orientation in the sea · widely issued securities issuance on the 1st with 20.32% of the revenue rate ranking top, in the sea · widely issued securities directed additional 4 to 15.38% of the yield ranked in third place, wide-fat series of given increase in product of four among the top ten. In addition to the GF series, and the rest will be increased to product the same good performance, such as the Kunlun Trust Eastern private placement of index funds 1 and Jun investment in its series of fixed-growth products.