Many institutional investors and super cattle scattered into the quagmire of the secondary market. Younger, who is known for his equity investment, could not escape this year.
Younger, who started his career as a clothing designer, has earned enough money in the capital market by participating in the issuance of listed companies and PE investments. Financial investment has become another major business after clothing and real estate. The leader of the company, Ru Rucheng, bluntly stated that if he invests well, he will be able to earn 30 years of manufacturing profits. However, this year, Li Rucheng's "sweet dream" may be defeated.
According to the same Huashun statistics, from January 1 to October 11 this year, Youngor participated in the private placement of 11 listed companies, 8 floating losses, a total loss of more than 40 million. The investment in the PE project - Hainan Rubber successfully listed on January 7, Youngor holds 20 million shares of restricted shares, calculated on October 11 closing price, Youngor floating about 112 million yuan. Analysts pointed out that due to the increase in losses and the prudence of PE, Youngor’s financial investment may have to change the path of “single horses†and turn to specialized and platformized investments.
According to the statistics of the 40 million increase in losses, Youngor’s investment in this year has amounted to approximately RMB 1.48 billion, and has participated in Wuyuan Power, Guangbai Stock, Hisun Pharmaceutical, Haley Decker, Xingrong Investment, Shengyi Technology, Jinggong Technology, Yuntian. China Chemical Industry, Shengnong Development, Oriental Zirconium, and the private placement of 11 listed companies in Xinjiang Zhonghe. Except for Yuntianhua, Xinjiang Zhonghe and Dongfang Zirconium, which were slightly floating profit, the remaining 8 companies had floating losses, totaling about 411.117 billion yuan. Among them, the top losers are Shengyi Technology, Guangbai Group, and Wuyuan Power, with a floating loss of 15.54 million yuan, 15.44 million yuan and 14.426 million yuan respectively.
According to Younger’s history of fixed additions, it began to emerge in 2007. That year, Youngor's "Newborn Bulldog is not afraid of the Tigers" and participated in the Haitong Securities private placement, costing 3.588 billion yuan to subscribe for 100 million shares. In May 2008, Haitong Securities implemented a share offering and Youngor’s shareholding increased to 200 million shares. After the lifting of the ban in 2009, Youngor reduced his shareholding in Haitong Securities, but the stock price was at a low of 13-15 yuan. Youngor did not disclose the amount of losses, and it was rumored that the loss was as high as 600 million yuan. With the huge loss of Haitong Securities and the 2008 financial crisis, Youngor did not shoot in 2008.
Entering 2009, Youngor became active again. In that year, Youngor participated in the private placement of 7 companies, namely, Rongxin, First Stock, Antai Group, Zhongtian Technology, Suning Appliance, Shanghai Pudong Development Bank and Dongfang Electric. After the lifting of the above-mentioned shares in 2010, except for Dongfang Electric and Suning Appliance, the remaining five companies all made profits. According to Youngor's 2010 annual report, the shares of the seven companies have all been sold, with a total profit of 374 million yuan.
In 2010, Youngor continued to increase the number of rivers and lakes, and successively participated in the growth of 8 companies including Zoomlion, Dongli Transmission, Chuanhua, Shanghai Automotive, Foton Motors, Air China, Lingyun and Jinsheng. At present, there are 5 floating profits and 3 floating losses. In the Youngor's 2010 annual report, the above eight companies had a total floating profit of 110 million yuan.
The scrutiny of the context can be seen as the “chicken ribs†of Younger’s investment. It is no wonder that after the disclosure of the semi-annual report in 2011, the additional hair market has never seen Younger's presence.
PE investment prudence and investment in the increase in the loss compared to the investment in unlisted companies, Youngor's profit or slightly richer. Since the beginning of this year, Youngor’s investment in Hainan Rubber has been successfully listed. It has been allocated 20 million original shares and the investment cost is only RMB 60 million. Up to now, Hainan Rubber has brought about 112 million yuan of book income to Youngor, which is nearly 2 times more than the initial investment.
In fact, Younger’s unlisted company started with CITIC Securities. In July 1999, Youngor invested 320 million yuan to participate in the establishment of CITIC Securities, becoming its second largest shareholder. After the listing of CITIC Securities in 2003, the stock price rose from the issue price of 4.5 yuan. In 2007, the bull market rose to a historical high of 115 yuan. Since 2007, Youngor has reduced its shareholding in CITIC Securities, accumulating approximately 6 billion yuan.
Having tasted the sweetness on CITIC Securities, Youngor began to actively participate in PE investment and successively invested in ECOTECH and Ningbo Bank. The 2010 annual report shows that Younger Investment has reached a total of 10 PE projects. But this year, Youngor added only 200 million yuan in investment to UnionPay Commerce Co., Ltd., and no new projects have emerged. "We are also looking for new projects, but PE projects need to be tracked for a long time," said Liu Xinyu, the young secretary of Youngor.
In fact, PE has generally shown a cautious attitude this year. Li Dazhao, head of the British University Research Institute of Securities, told reporters that "in 2009 and 2010, the stock price of small and medium-sized board companies had a relatively large increase. Under this background, the PE investment made a lot of profits, which led to a rapid increase in PE investment, PE The market supply exceeds demand. As a result, competition has increased the investment cost of PE projects, and this year's secondary market performance has been weak, and the return on earnings has decreased significantly.†Therefore, PE investors may be “bargain-hunting†in the secondary market than direct investment projects. .
It is noteworthy that, in addition to Youngor and its subsidiary Youngor Investment Company, Youngor Financial's trader has a holding company, Shanghai Kaishi Investment Company. An industry source who did not wish to be named stated that Youngor is not content to participate in fixed increase and PE investments with his own efforts. Kaiser Investment, as the “path explorer†of his dream of financial empire, has gradually moved to a comprehensive platform for financial investment. As a result, business such as equity investment, asset management, and financial consulting has developed rapidly. Currently, the assets under management exceed RMB 10 billion.
Younger, who started his career as a clothing designer, has earned enough money in the capital market by participating in the issuance of listed companies and PE investments. Financial investment has become another major business after clothing and real estate. The leader of the company, Ru Rucheng, bluntly stated that if he invests well, he will be able to earn 30 years of manufacturing profits. However, this year, Li Rucheng's "sweet dream" may be defeated.
According to the same Huashun statistics, from January 1 to October 11 this year, Youngor participated in the private placement of 11 listed companies, 8 floating losses, a total loss of more than 40 million. The investment in the PE project - Hainan Rubber successfully listed on January 7, Youngor holds 20 million shares of restricted shares, calculated on October 11 closing price, Youngor floating about 112 million yuan. Analysts pointed out that due to the increase in losses and the prudence of PE, Youngor’s financial investment may have to change the path of “single horses†and turn to specialized and platformized investments.
According to the statistics of the 40 million increase in losses, Youngor’s investment in this year has amounted to approximately RMB 1.48 billion, and has participated in Wuyuan Power, Guangbai Stock, Hisun Pharmaceutical, Haley Decker, Xingrong Investment, Shengyi Technology, Jinggong Technology, Yuntian. China Chemical Industry, Shengnong Development, Oriental Zirconium, and the private placement of 11 listed companies in Xinjiang Zhonghe. Except for Yuntianhua, Xinjiang Zhonghe and Dongfang Zirconium, which were slightly floating profit, the remaining 8 companies had floating losses, totaling about 411.117 billion yuan. Among them, the top losers are Shengyi Technology, Guangbai Group, and Wuyuan Power, with a floating loss of 15.54 million yuan, 15.44 million yuan and 14.426 million yuan respectively.
According to Younger’s history of fixed additions, it began to emerge in 2007. That year, Youngor's "Newborn Bulldog is not afraid of the Tigers" and participated in the Haitong Securities private placement, costing 3.588 billion yuan to subscribe for 100 million shares. In May 2008, Haitong Securities implemented a share offering and Youngor’s shareholding increased to 200 million shares. After the lifting of the ban in 2009, Youngor reduced his shareholding in Haitong Securities, but the stock price was at a low of 13-15 yuan. Youngor did not disclose the amount of losses, and it was rumored that the loss was as high as 600 million yuan. With the huge loss of Haitong Securities and the 2008 financial crisis, Youngor did not shoot in 2008.
Entering 2009, Youngor became active again. In that year, Youngor participated in the private placement of 7 companies, namely, Rongxin, First Stock, Antai Group, Zhongtian Technology, Suning Appliance, Shanghai Pudong Development Bank and Dongfang Electric. After the lifting of the above-mentioned shares in 2010, except for Dongfang Electric and Suning Appliance, the remaining five companies all made profits. According to Youngor's 2010 annual report, the shares of the seven companies have all been sold, with a total profit of 374 million yuan.
In 2010, Youngor continued to increase the number of rivers and lakes, and successively participated in the growth of 8 companies including Zoomlion, Dongli Transmission, Chuanhua, Shanghai Automotive, Foton Motors, Air China, Lingyun and Jinsheng. At present, there are 5 floating profits and 3 floating losses. In the Youngor's 2010 annual report, the above eight companies had a total floating profit of 110 million yuan.
The scrutiny of the context can be seen as the “chicken ribs†of Younger’s investment. It is no wonder that after the disclosure of the semi-annual report in 2011, the additional hair market has never seen Younger's presence.
PE investment prudence and investment in the increase in the loss compared to the investment in unlisted companies, Youngor's profit or slightly richer. Since the beginning of this year, Youngor’s investment in Hainan Rubber has been successfully listed. It has been allocated 20 million original shares and the investment cost is only RMB 60 million. Up to now, Hainan Rubber has brought about 112 million yuan of book income to Youngor, which is nearly 2 times more than the initial investment.
In fact, Younger’s unlisted company started with CITIC Securities. In July 1999, Youngor invested 320 million yuan to participate in the establishment of CITIC Securities, becoming its second largest shareholder. After the listing of CITIC Securities in 2003, the stock price rose from the issue price of 4.5 yuan. In 2007, the bull market rose to a historical high of 115 yuan. Since 2007, Youngor has reduced its shareholding in CITIC Securities, accumulating approximately 6 billion yuan.
Having tasted the sweetness on CITIC Securities, Youngor began to actively participate in PE investment and successively invested in ECOTECH and Ningbo Bank. The 2010 annual report shows that Younger Investment has reached a total of 10 PE projects. But this year, Youngor added only 200 million yuan in investment to UnionPay Commerce Co., Ltd., and no new projects have emerged. "We are also looking for new projects, but PE projects need to be tracked for a long time," said Liu Xinyu, the young secretary of Youngor.
In fact, PE has generally shown a cautious attitude this year. Li Dazhao, head of the British University Research Institute of Securities, told reporters that "in 2009 and 2010, the stock price of small and medium-sized board companies had a relatively large increase. Under this background, the PE investment made a lot of profits, which led to a rapid increase in PE investment, PE The market supply exceeds demand. As a result, competition has increased the investment cost of PE projects, and this year's secondary market performance has been weak, and the return on earnings has decreased significantly.†Therefore, PE investors may be “bargain-hunting†in the secondary market than direct investment projects. .
It is noteworthy that, in addition to Youngor and its subsidiary Youngor Investment Company, Youngor Financial's trader has a holding company, Shanghai Kaishi Investment Company. An industry source who did not wish to be named stated that Youngor is not content to participate in fixed increase and PE investments with his own efforts. Kaiser Investment, as the “path explorer†of his dream of financial empire, has gradually moved to a comprehensive platform for financial investment. As a result, business such as equity investment, asset management, and financial consulting has developed rapidly. Currently, the assets under management exceed RMB 10 billion.
Highlighter Marker Pen,Highlighter Promotional Marker Pen,Highlighter Extendible Marker Pen
Writing Instruments Co., Ltd. , http://www.nsstationery.com