Tuesday, November 23, 2010

Hai Purui high prices and the stock market will not be great

 Hai Purui finally 6 the market. Although the performance of its debut, the Hai Purui unsuccessfully to win the first high-priced stock shares A crown, but the closing price of 175.17 yuan to become the second high-priced stocks, but The stock only high-priced stocks with the first difference of 1.83 of National Technical / share,UGGs, only 1.04% of the gap. and by the average transaction price of the day, Hai Purui to 177.09 yuan / share, higher than the national technology 174.75 yuan / share, Haipu Rui Dai Guiguan is not the first high-priced stocks.
the first high-priced stocks may be just a catchy title. no two ways about that, with the Hai Purui the market, the Company's actual controller Li Li, Li Tan husband and wife truly become the mainland's richest man. by the day's closing price of 175.17 yuan, the company holds a 71.96% stake in the husband and wife Lee, a net worth of up to 50.434 billion yuan, far exceeding last year's richest mainland China, Wang 35 billion yuan of net worth.
to become the mainland's richest man, still in pre-IPO road show, as a Haipu Rui Li Li, chairman once said: all this is mainly a great time to catch up, have the opportunity to create wealth for the country and the nation is our pleasure. Now, after the listing of shares Hai Purui than the issue price 148 yuan / share has risen 18.36%,UGG boots, according to Li Li's logic, this era is clearly greater, and Lee couples have the opportunity to state clearly and create more wealth for the nation.
the face of the crown of the Mainland's richest man, Li Li said he caught up with the intellectual type Hai Purui high share price because of the great.
Haipu Rui has been able to become the second high-priced stocks, or crown of the first high-priced stocks do not clearly benefit from the issue price of the company. The issue of shares price up to 148 yuan / share, issued to 73.27 times earnings, which is just proof of the Chinese stock market to catch up is not a should be a rational market, investors and matures, but the small plates, the GEM which was seven or eight times or even hundreds of times the issue of price-earnings ratio, which is obviously not a great era should have characteristics. Haipu Rui financing only 9 billion, for financing the results of 59 million raised over the 5.0 billion, a huge waste of resources caused by the stock market, this is not the The walk, opening, it is entirely speculative market forces Fools results. China's stock market will not Haipu Rui high stock prices and Hai Purui more shares will not be high and great. Although listed as the high price of Haipu Rui, Li became China's richest couples, but this is clearly not his wife Lee Because the stock market itself does not create wealth, but only a transfer of wealth. Li Li, Li Tanfu women's riches, it is the current imperfect market system,UGG shoes, the result of damage to the interests of public investors,UGG boots cheap, is the general interests of public investors Lee became the couple's interests into it further exacerbated the polarization of Chinese society, completely contrary to the principle of social harmony. Thus, such a can not bring wealth to investors, but the majority of the interests of investors into interests of the rich minority of the stock market, again, no

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