Saturday, January 21, 2012

Zijin Mining in face value of 0.1 yuan What sort of way.

Face value of only 0.1 per <P> first Zijin Mining stocks will be from 8 until 11 inquiry. .The industry believes that the upcoming release of Zijin Mining for the domestic A share market is significant, the market will usher in a good performance of blue chip companies, creating a history of the first issue of the China Securities 0.10 per share par value of precedent, is of A .share market and a major symbol of international standards. .A nominal value of 0.1 yuan for the issue of shares, the market there are some disputes, the dispute focused mainly on low value in allowing the issue of whether the stock market value of the system and disrupt the price system, would mislead investors to judge. .</ P> <P> (http://) shares par value of shares of stock issued by the company indicated on the face of the face amount, to show that each one contained in the amount of capital stock. .The level of the nominal value per share, the investment value of the company there is no direct relationship. .The investment value of the stock of a company ultimately depends on the ability of the enterprise and corporate earnings growth prospects. .</ P> <P> industry believes that the nominal value of shares issued has two small advantages: capital operation the company has left more space, such as when the stock price goes high when the split can be reduced by the threshold for investors to enter .to increase the liquidity of the stock; Secondly, the implementation of mergers and acquisitions between companies also offer a convenient, the number of shares to meet investor requirements. .</ P> <P> Zijin Mining said that the company issued at par to 0.1 yuan, out of and H shares "with the shares of the same nominal value" considerations. .Currently, Zijin Mining in the Hong Kong Stock Exchange par value of shares traded was 0.1 million. .In addition, if the face value of Zijin Mining in accordance with the 1 per issue in the A-share market, there will be an issue price of the situation may be close to hundred dollars, secondary market trading price will be higher, investors can participate in a relatively limited. .</ P> <P> 2008 年 4 on 3, Hong Kong shares of Zijin Mining closing price of 7.17 Hong Kong dollars. .According to the resolution of the shareholders of the General Assembly, issued in the domestic A share issuance price of no less than the official summary prospectus published in the first 20 trading days average trading price of H shares of 90%, nor less than the official summary prospectus published in a previous transaction .H shares on the closing price of 90%. .Accordingly, it may appear at an issue price of 60 yuan to even approach the status of hundred dollars, but secondary market trading price may be higher, investors, high barriers to entry. .</ P> <P> the same problem with Zijin Mining, will also appear in the group's return to the red-chip companies. .China Mobile, for example, if the recent return of A shares of China Mobile, according to 1 yuan face value of issue of new shares, issue price will reach a thousand dollars. .The industry believes that the nominal value of 0.1 yuan Zijin Mining to issue A shares for return of red chips to explore the way for the return of red chips clear the way for A shares. .</ P>.

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