Home > News content

Cool valuation by the fund company down 85% has been transferred out of Hong Kong stock list

via:博客园     time:2017/7/15 11:30:20     readed:1084

The financial crisis of the music system also affected its listed companies. According to the China Foundation reported that the acquisition of music last year, the Hong Kong Stock Exchange listed Cool Group (02369.HK) also affected by the shareholders of the crisis, the suspension of the cool group was a substantial valuation of a fund company in the Mainland, down 85%.

On the evening of July 14, a fund company issued a valuation adjustment announcement, according to the China Securities Regulatory Commission, "on the further regulation of securities investment fund valuation business guidance" (China Securities Regulatory Commission Bulletin [2008] 38) Provides that, with the fund custodian consensus, since July 14, 2017, on its securities investment fund (except ETF) held by the "cool group" in accordance with the valuation of 0.11 Hong Kong dollars.

It is reported that, due to the 2016 performance delayed announcement, Cool Group on March 31 this year to stop trading, has not yet resumed trading.

May 31, Cool Group announced the annual report last year, Cool Group to achieve revenue of 7.994 billion Hong Kong dollars, down 45.5%, the company owner should be a loss of 4.21 billion Hong Kong dollars, while the company's profit of 2.35 billion Hong Kong dollars in 2015. July 11, Cool Group was transferred to Shenzhen Stock Exchange Shenzhen Hong Kong shares under the Hong Kong stock list.

Cool before, since April 17, 2017 since the suspension of music has been more than 20 fund companies down the valuation.

According to the surging news (www.thepaper.cn) incomplete statistics, in the postal fund, Harvest Fund, easy side up fund, ICBC Credit Suisse Fund, Cathay Pacific Fund have said since July 7 to adjust the valuation of music after the network, Investment in the West, the West, China, Dacheng and other public offering fund companies have issued a notice, since the 7, the United States, the United States, the United States, the United States, the United States, On the 10th from the date of adjustment music valuation.

Among them, most of the fund companies will music Watch stock valuation in accordance with the April 14 closing price of 30.68 yuan / share, down the three daily limit, to 22.05 yuan / share -22.37 yuan / share, and Huaan Fund is the valuation Down 4 daily limit, to 20.13 yuan / share.

July 14, the card to respond to the fund company down the valuation of music, said the matter, the first time the concern about the relevant circumstances, and promptly investigated the Shanghai Stock Exchange cross-market ETF holdings, and actively respond. Invesco Great Wall Fund company in the card TMT150ETF (512220) in the music network accounted for about 2%, from the secondary market transactions, the market has a spontaneous adjustment mechanism, the current certificate TMT 150ETF has about 2-3% discount. Invesco Great Wall Fund since July 11, 2017 suspended from the TMT150ETF purchase and redemption, it is understood that the Fund's main consideration is to avoid redemption behavior on the interests of fund holders affected. SSE has established a variety of emergency mechanisms for the suspension of ETF constituent stocks, inventory transmission and other effective response to market changes, to ensure the smooth operation of the ETF market.

China IT News APP

Download China IT News APP

Please rate this news

The average score will be displayed after you score.

Post comment

Do not see clearly? Click for a new code.

User comments