Baosteel Warrants Black Monday stock market representation "become a" paper.

<P Align=center> </ P> <P align=center> </ P> <P> close to the actual value of Baosteel Warrants "waste paper" </ P> <P> Awkwardness in the heavyweight with the powerful short momentum Fund ., the broader market yesterday reproduction "Black Monday", after earlier fell below half line (1122 points). .</ P> <P> slightly lower in early trading yesterday, the two cities opened Trading was relatively light, the whole trend of present day situation stabilized bottom. .Hu Zhi day in the afternoon to explore the minimum 1121 points, Yao City gradually Qiwen and slowly climbed, the final stock index closed at 1131.38 points, down 0.72% on turnover of 7.56 billion yuan; Shenzhen City, to close at 2798.98 points, down 31.78 points .turnover of 3.178 billion yuan, compared with the previous day's turnover decreased slightly between the two cities. .ST stocks except the two cities, the total daily limit of 11 stocks, six stocks limit. .</ P> <P> short yesterday, the main impetus and funds from the heavyweight Awkwardness, Baosteel warrants fell 5.4%, below 1 yuan mark, closing at 0.949 yuan; G Baosteel, China Unicom, Sinopec also re-created .a round of adjustment to a new low. .Sinopec fell 2.77%, to close at 3.86 yuan; G Baosteel fell 2.38% to close at 4.10 yuan; China Unicom fell 2.38% to close at 2.46 yuan. .</ P> <P> addition, Zhongyuan Expressway, Fujian Expressway and other highways shares, Chiwan, Yantian and other ports of shares, Huaneng Power International, Shen Nengyuan other power stocks continue to decline. .Analysts say these stocks continued to fall, indicating that the structure of the main body will re-adjust the position of market sentiment is relatively large mass destruction. .</ P> <P> Yesterday, Angang, ST farmers with H shares of a company and the T family of companies first case of share reform. .Thus, the share reform of listed companies involved in all the appearances of all types. .Disk of view, asset restructuring, agriculture, commerce, chemicals, new materials sector performance is more prominent, while technology stocks active morning session, the afternoon was slightly dim. .Shares into stock reform by the underperformance of the stimulus program, the two cities small cap stocks are once again active in re-signs. .Also part of the G ST stocks and shares, stocks continued a strong quasi-G. .</ P> <P> 29 家 "A + H" shares rose yesterday, is less or more, indicating that the basic trend consistent with the broader market. .Guoxin Securities Xiao Jianjun that Angang start share reform, the market did not get a positive response. .</ P> <P> Xiao Jianjun, said short-term point of view, by Baosteel, Wuhan Iron and Steel stock price changes on the constraints, but also by the large proportion of shareholding limit and maintain a controlling stake, is expected to Angang New programs in low prices for the same time, the .some of the innovations more likely. .If this innovation to be received by the market arbitrage opportunities, may be able to stimulate the "A + H" shares of the strong, but also help the smooth progress of the share reform. .Otherwise, the dispute will share reform in the "A + H" shares of the trend to a certain pressure. .</ P>.