Saturday, December 3, 2011

from October 29 to November 14

129667634784209142_22Soochow securities cock crows at midnight issued 500 million shares to be cut As early as September, but delay in release, after all these 3 months, finally looking forward to "blossom" date. November 25, shortly after midnight, dongwu securities prospectus "published" means that the a-share listed brokerages in 18th meeting with investors, and because of its temporary "queue jumping" swtor power leveling, the unit issued time also beat up another large stocks in front of the Xinhua insurance. Midnight "queue"Offering being queued patiently issued by Xinhua insurance, how did not expect Soochow securities temporarily" kill ", robbed in front of their own offerings. The early morning of November 25, dongwu securities notice suddenly started offering, to be issued no more than 500 million a-shares, after the release of the total share capital of not more than 2 billion shares, raise money will be used primarily to increase company capital, expansion-related businesses, dongwu syndromeCoupon prospectus "vacated was born", also means that a stock market listed brokerages will usher in the 18th. Information display, dongwu securities of the plan to issue no more than 500 million a-shares, does not exceed 25% per cent after the release of the total share capital, December 2 implementation of online purchase. Callback mechanism before the start of the company, issued under the network number is not more than 250 million shares, that is, the amount ofNumber of 50%; online issue number not more than 250 million shares, that is, the issue number of 50%. Soochow securities currently consists of 8 companies like Beijing, Shanghai and Suzhou, with 48 securities business outlets and equity participation in dongwu Fund, holding Soochow futures, consists of wholly-owned subsidiary of dongwu investment company swtor credits, engaged in direct investment. In addition, dongwu securities 2008Year 2011 and first half revenues of $ 883 million, respectively, and $ 1.873 billion to $ and $ 922 million, net profit of $ 227 million, $ 738 million, respectively, $ 581 million and $ 227 million. It is worth noting that in recent years, Soochow securities operations grew fairly rapidly, figures showed Securities Association of China2010 Soochow securities agents selling securities business net income was ranked 24th; agents selling securities business net income was ranked 14th, ranking near the top. In terms of Investment Bank, dongwu securities the same rapid development, the first half of 2011 to achieve investment-banking revenue of $ 314 million, has exceeded the level for the year 2010, and continue to maintain high growth�� Rhythm of issuing warning large stocks into the fog on the one hand the management issue to market risks, on the other hand large stocks of acceleration issued, the status quo really confusing investors. Shanxi coal group, has been a long time, in the shares of two large stocks, there's been no get final approval from IPO listing, market rumours that the SFC hopes the company cuts previously scheduledThe amount raised to accommodate the current capacity of extremely weak market. This rumor was not unjustified, market participants said that judging from the current rate of new shares will regulators did intend to slow the pace of issuance, from October 29 to November 14, the SFC review 19 IPO, just by 13, will be less than 70%, below the annual average, It also means that regulatory audits for new shares are variable. However, although the rate of decline, but shares in the Shanxi coal group and also not before release, dongwu securities midnight "kill" out of the 4 large stocks Queuing issue, depressed the market probably will suffer enormous financial pressure.

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