Can not be ignored in the afternoon 3 positive factors

Abstract: In general, the market often requires the successful launch of a number of strong supporting factors. For example, the recent 4 trillion of investment in fixed-yield investment program has led to a strong rebound in the market. In that case, in the future for a longer period of time, there are positive factors which should be concerned about this? First, industries involved in capital: one must not neglect the positive factors Over the past year or so after the adjustment, A shares have fallen Shi Jingshuai the level of early 2005; that is to say, A shares of PB has been near its lowest level in history. It is against this background, the market has begun to show signs of industrial activities in the capital. According to incomplete statistics, in the near future since there have been four cases Jupai, namely Beijing, Shandong Bo Jupai second-State management (stock market now), in Jupai trillion invested in the Bohai Sea Logistics (market share it) and Commercial City ( Market share it), listed companies Ma Ying-long (market share it) Jupai Ling Rui shares (market share it), Shenzhen Jupai Shenguo Shang Mao Building Industry (market forum). Although the market from the table, the industrial capital of listed companies Jupai cases caused by the reaction is not great; However, it is very likely to have the market power of the industrial capital of the threatened intervention. As the saying goes, well, single spark can start a prairie fire. In the industrial investment environment is not ideal, options to buy an underestimate of the best companies in terms of business are also a good investment. It should be noted that on November 20, Shanghai state-owned assets through the capital market to enlarge and strengthen the formal program was finalized. Shanghai's state-owned listed companies rely on capital markets, specific way is now clear that the overall market, issuance of shares, mergers and acquisitions, stocks are moving policy support and encouragement. Can be of the view that state-owned enterprises in Shanghai state-owned enterprises through the capital market integration approach will be the integration of central enterprises on behalf of the show. As a result, the next two years involved in a large number of industrial capital to capital markets is no doubt that the fact that this is a positive phenomenon can not be ignored. From this perspective, the industrial capital of concern that the time has come, investors should be fully prepared ahead of time. Second, the industrial capital of the characteristics of the M & A From the most recent being the object of Jupai, we have the following characteristics can be found. First of all, the major shareholders holding less, four of all shares held less than 20%, and the market value of a very small stake, respectively 080,000,000 -1.5 billion or so is very vulnerable to takeover. Second, the subject must have at least recognized the value of industrial capital, mainly in the industrial capital of the industry chain, logistics and business in the Bohai Sea for the city, we have no doubt that these companies are owned by geographical location and the value of property assets Higher than the current market value. Third, the industrial capital concern which M & A opportunities The main strategy is to promote the value of industrial capital or M & A buy-back of the main objectives of the relevant factors, but also by the industry are often irreversible strategic objective of capital of listed companies and the unique resources of almost irreplaceable by the decision. Unique resources are often the primary objective of mergers and acquisitions, such as real estate, commercial chains, such as some types of mineral resources, which have often irreplaceable, the other tried to enter the industry in the field of industrial capital was about to be or to cut through the acquisition of its assets Basically can not reset. And has the resources to occupy the major shareholder of almost not to give up, it may buy back shares to take control of the way. These may include: the retail business: regional, local commercial retail business, if the stores have more resources, industry in general high cost of replacement if the management is even more vulnerable to a strong mergers and acquisitions. Real estate, investors concerned about the abundant land reserves of small and medium-sized real estate enterprises, a better location or industrial parks or factories, industries in general have a high replacement cost, simple and difficult to estimate. Coal, as an important upstream resources, coal has become involved in coal chemical industry, electric power to improve the industrial chain of strong measures, and have the typical irreplaceable. Of course, the holding of state-owned coal enterprises mergers and acquisitions more difficult to occur, but private shareholders control of the small and medium-sized listed coal companies with good M & A value. There are other unique assets with the value of the industry, can also be taken into focus. Also in the real environment, such as the well-known brands such assets are almost non-replacement or replacement cost is very high, also belong to the M & A's primary goal. Brand value has unique characteristics, the higher the share of the brand, the industrial capital for the purposes of (mergers and acquisitions and buy back) the greater the value of this in the consumer goods industry in particular, high-end consumer goods industries are particularly important.