360 Shell Company Jiangnan Jiachang even closed 17 daily limit | shares soared 4 times

Yesterday, 360 Technology Co., Ltd. plans to backdoor Jiangnan Jiajie is still a word limit limit A shares of A shares from resumption of trading on November 7 to yesterday, the stock has been closed for a continuous daily limit of 17 word board closing From the resumption of trading price of 8.79 yuan the previous day soared to 44.45 yuan, up 4.06 times.

In the face of this feast of the secondary market, Taikang Life Insurance Co., Ltd. is expected to become the largest institutional investor winner.An overview of Jiangnan Jiajie's top ten tradable shareholders, Taikang Life Insurance through its traditional - ordinary insurance products account to become the only institutional shareholders, also It is hoped to be the second-tier market participation agency that 360 companies intend to borrow from Jiangnan Jiajie.

In fact, in the first quarterly report of 2017, Taikang Life Insurance did not appear in the list of the top ten tradable shareholders in Jiangnan Jiajie. In the semi-annual report of 2017, Taikang Life held a total of 5,925,800 shares of Jiangnan Jiajie through its insurance products, Holding ratio of 1.49%, ranked tenth largest shareholder.Jiangnan Jiajie suspended from June 12 onwards, to the end of the third quarter, the top ten shareholders of circulation unchanged compared with the second quarter.

Taikang Life said Jiangnan Jiacai is Taikang secondary stock market investment in the stock .Tekkang has been in accordance with the normal research and analysis and investment decisions, according to the law of the transaction, there is no 'surprise shares' situation.In the' Jiangnan Jiajie 'before the announcement, Taikang did not through the listed companies or other ways to learn about the' 360 company backdoor 'information, there is no use of insider trading information at the same time, Jiangnan Jia Jie in Shanghai e interactive platform to respond to investors When questioned, 'According to the information provided by Zonta Corporation, Taikang Life Insurance Company held shares of the Company from 2013 and subsequently adjusted its shareholdings according to the market conditions and its own asset allocation. "From October 2016 to March 2017 , Which has been the eleventh largest shareholder of the Company and the tenth largest shareholder of the Company since April 2017. '

Taikang Life will undoubtedly become the biggest winner of the institution's position if the backdoor company of 360 succeeded, though it is impossible to know the specific number of shares of Jiangnan Jiajie held by Taikang Life Insurance at different stages, however, according to the reply of Jiangnan Jiajie, Taikang Life Holding Most of the stock has a longer term, with varying degrees of opening up in and before October 2016 and some time in April and before this year, and from August 1 to October 31, 2016 Month period, Jiangnan Jiajie share price has been steady fluctuations, August 1, 2016 shares closed at 12.61 yuan, October 31, 2016 to close at 12.79 yuan, during the high point of 13.30 yuan.

During the three-month period from February 1, 2017 to April 28, Jiangnan Jiajie was generally stable and declined in share price. On February 1, the stock's closing price was RMB11.38. On April 28, The stock closed at 9.94 yuan during the high point of 12.59 yuan.

As a relatively high holding cost to conduct a conservative estimate (13.30 yuan / share), as of yesterday's close, Taikang Life's products held by Jiangnan Jiajie most stocks can get floating profit 31.15 yuan / share, the overall floating profit or at 185 million yuan up and down the follow-up to the stock market, the market is still sounding optimistic.So, if the 360 ​​backdoor success, Taikang Life will undoubtedly smile welcome a huge investment income.

Although only one Taikang Life Insurance agency in the secondary market feast, there are still a large number of agencies can win a share of the privatization of 360. Public reports show that the 360 ​​privatization consortium of 38 members, including 5 Insurance institutions, including Ping An Insurance, Sunshine Life Insurance, Taikang Life Insurance, Taiping Insurance and Pearl River Life Insurance, accumulatively held a stake of nearly 13.3%.

2016 GoodChinaBrand | ICP: 12011751 | China Exports