Tuesday, December 21, 2010

Shareholder 1 billion to support the market changed 13 minutes tasteless SAIC lost one hundred million.

<P> Fast REVIEW: </ P> <P> 1 billion commitment to support the market shareholder SAIC 5 minutes to spend 650 million </ P> <P> commitment to the total stock of SAIC lost 13 minutes into a tasteless one million .</ P> <P> commitment to arbitrage holdings: Shanghai Automotive to open higher on Thursday is expected to limit </ P> <P> yesterday to complete share reform announced last night listed the G SAIC SAIC commitments under the share reform, in .Yesterday in the secondary market to buy outstanding shares of 3.98 yuan per share, 16,380 shares of Chunghwa Express Corp holdings, accounting for 5% of share capital, the total amount of funds used for holdings of 6.5 million. .</ P> <P> 1 billion commitment to support the market shareholder </ P> <P> major shareholder in the share reform program SAIC promised two months after the share reform program, if G SAIC's stock price is lower than 3.98 .Yuan, SAIC will continuously invest in price of 3.98 yuan per share, reported Shanghai Automotive to buy stocks, unless the Shanghai Automobile shares of not less than 3.98 yuan per share, or 10 billion yuan of funds run out. .</ P> <P> 5 分钟 spent 6.5 billion </ P> <P> G SAIC natural ex-rights price of 3.85 yuan per share, SAIC commitment is just higher than the price of 3.98 yuan. .But the accident is Shanghai Automotive to 3.98 yuan after opening all the way down, so that SAIC was forced to support the market entry. .G from SAIC sharing plans yesterday to see the stock in the first 5 minutes to 16,830 million shares traded, the price closest to 3.98 yuan, much lower than the price of shares then, it can be concluded that operation of SAIC in the sub-holdings .the first 5 minutes to complete. .Since then shares all the way down to the close, the stock fell 33%, to close at 3.45 yuan, compared with theoretical ex-rights price fell 10%. .</ P> <P> 27 日 also holdings </ P> <P> announced that SAIC will re-implementation of the holdings of the date of the outstanding shares from October 27, unless the price per share not less than 3.98 .dollars or 10 billion yuan of funds run out. .Investors in the 27 to 3.98 yuan in the stock price will be training and preparation of SAIC..

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