China Financial News Headlines

October 20, 2008

What did we do with increased holdings of shares?

Filed under: financial news — Tags: , — kinpoo @ 2:06 am -0500

Chinese oil: according to the data, the major shareholder has holdings of nearly 3.0 billion shares
Shanghai exchange stock, Topview data shows: last Wednesday, Thursday, Friday, Beijing Bank of China announced that the business department of China Petroleum bought a total of up to 15.1937 billion, but since Sept. 19 with the four-week deal, the total seats in the business department of China Petroleum has bought up to 2,916.1 million yuan.

Who will come to protect the bareness China Petroleum?
Since the Sept. 22, the Chinese major shareholder, China National Petroleum Group started in the secondary market to buy back stock, which funds bought back will lead a major force for China Petroleum to outperform the market.

With the continual adjustment of market, the major shareholders has holdings in a high passion
Statistics show that after the holdings of major shareholders free shares in listed companies, major shareholders of listed companies are in active stock holdings. In particular, the major shareholders since October had have holdings more frequently, and an average of 5 holdings were listed companies, and some of the shareholders of listed companies are not limited to a one-time holdings.

Securities and Futures Commission asked the agency to improve increasing of holdings of major shareholder
Securities and Futures Commission recently sent to the agency and issued a “notice related to work of further advance on the controlling shareholders of listed companies who increased holdings of shares,” which called for the agency to further to explain and publicize the policy, and in area to do a good job of controlling shareholders of listed companies who increased holdings of shares about thoroughly and services

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