The hot money gamble heavy beer strange rose investment manager that has nothing to do fundamentals

Wang Yanwei

on the Friday, Chongqing Brewery (600132.SH) stock again shocks up late a strong move to the daily limit. This is the third consecutive day since the end of the Extraordinary General Meeting on February 7 rose sharply obscure reason. Dacheng Fund of

(Confucius News) EGM to stop the directors "failed, in the general meeting of shareholders after the end of heavy beer company no announcement substantive good news, but heavy beer stock is unaffected, continuous three days rose sharply, three days rose as high as 24.43 percent, compared to its recent share price the lowest point of 20.16 yuan more the market was up nearly 45 percent. Last Friday the stock limit behind it is the turnover rate of 11.93%, a huge turnover of 1.614 billion yuan. SSE public information display, and sale of heavy beer turnover of the top five seats from the brokerage business department, agency seats.

this strange trend let Insiders shouted not read. One had been held by the weight of the beer stock fund investment manager, said "First Financial Daily (Confucius News) reporter, this time heavy beer price performance has been completely divorced from the fundamentals, market trading behavior. "If the attitude of simply holding the transaction, the market as a whole is not too pessimistic, at least two or three months do not have to worry too much about the market will turn down the probability of the stock price up, heavy beer is no exception, however, heavy beer to be back more than $ 30 is very good, of course, this is not the fundamentals. "

In fact, last Friday re-beer limit price of 29.18 yuan from the investment manager said $ 30 is already very close. It is noteworthy that, on December 21 last year, heavy beer open daily limit for the first time and heavy volume rose throughout the day the average transaction price is also around 30 yuan and less than 29 yuan on that day appear massive amount of disk access. This means that the day risked his life to kill into the capital, has been slow, so heavy beer trend confusing.

In addition, institutional investors, including Dacheng Fund is also mostly sharply on the day severely beer retreat. The aforementioned investment manager revealed that he is in the continuous limit of heavy beer a day pending order queue, until about 31 yuan to sell half and sold the remaining half open daily limit around 29 yuan. Heavy beer this week, still maintaining a rising trend, these institutional investors will undoubtedly sell cheap, "This investment from the transaction point of view alone is not successful.

beer and the development of therapeutic hepatitis B vaccine, there are still people that "Me". Huang Minggui the attitude of the EGM, the chairman of the heavy beer is also quite ambiguous, "he made it clear not to hepatitis B vaccine project stripped out of the listed companies, but did not give a detailed description of the late arrangement of the vaccine project, only saying "according to the summary report as well as combination therapy trial of the First Affiliated Hospital of Zhejiang University School of Medicine, the research team, and then decided to follow-up research and development process".

ambiguous position difficult for investors to speculate on its true intentions, not only do not see things the signs of a turnaround, they can not completely despair Vaccine Project. However, the shares of heavy beer, including public offerings, private placements, retail holders, on the one hand, to choose the reduction on the one hand hope the vaccine is actually a slowly self-correcting process. Dacheng Fund, although heavy beer shares held by the hands of a large number of sold, but not fully out to do their real attitude, but also from another angle. However, the aforementioned fund investment manager, admitted that if the delay announced when the vaccine Phase III clinical trials carried out, the stock market will eventually be forgotten.