| By an inflated revenue impact of the news, not | | | | situation occurred. Take the same for the |
| only stocks, warrants crashed or reported, | | | | separation of trading of convertible bonds, Oct. |
| Sichuan Changhong issued a separate trading of | | | | 2008, the market rumors Jiangxi Copper losses |
| convertible bonds, "09 Changhong debt" | | | | on futures market on its fundamentals have a |
| Yesterday (2 25) is also in the secondary market | | | | greater concern, the Company issued the "08 |
| experienced investors selling down heavy volume. | | | | Jiangxi Copper debt" has been to the market |
| Market participants said the bond market outlook, | | | | sell-off, the day the biggest decline in nearly 10% |
| the investigation into the incident needs to wait | | | | of the session, then losing streak 4 days, the |
| and see the progress, and its fluctuations on the | | | | cumulative drop of more than 12%. In addition, |
| bond market was limited. Yesterday (Feb. 25), "09 | | | | some short-term financing bonds, medium term |
| Changhong debt" all the way down, reportedly | | | | notes and other credit products has been |
| opened the highest point of the day 76.35 yuan, | | | | postponed because the distribution of events |
| after 10 am the first volume appeared to enlarge, | | | | occur, such as face selling situation, than the most |
| then all the way down to about 2 o'clock midday | | | | typical case in 2006 brought Fu Xi Fu Xi Short |
| to full-day minimum point of 75.75 yuan, while | | | | Pieces storm. In this case, "09 Changhong debt," |
| turnover amplification, although some recovery | | | | the trend will go? Analysts believe that the |
| late, but the day's decline was reached 0.63%, | | | | rumors still have to closely follow the financial |
| listed the date of the first separation of | | | | progress of the cases, listed companies have now |
| convertible bonds decreases. From the turnover | | | | made a clarification, but the two sides argued for |
| of view, "09 Changhong debt" up to 132 million | | | | their own specific situations will depend on the |
| yuan yesterday, while the previous week's daily | | | | follow-up investigation. But one broker said traders |
| average turnover of only 22.4222 million yuan, an | | | | expected the situation would not too bad, so |
| increase of nearly 5 times. According to release | | | | investors need not be alarmed, the event's |
| data, "09 Changhong debt" by Sichuan Changhong | | | | impact on the bond market is also very limited. |
| on July 31, 2009 issue, the same year on August | | | | SW Securities Research Institute, believes that |
| 19 at the Shanghai Stock Exchange, issue size of | | | | the current financial events on Sichuan Changhong |
| three billion yuan, for 6 years, the fixed annual | | | | significant impact on the financial statements are |
| interest rate of 0.8 %. At that time, assess the | | | | less likely to credit risk has not increased |
| integrity of the Securities Limited rating given | | | | significantly. Yesterday (February 25) "09 |
| indications, the Company long-term debt rating | | | | Changhong debt" big adjustment, reflecting |
| AA?, Bond rating of AA. Fact, due to the | | | | investor concerns about risk and see, but instead |
| negative news issuers and bonds so that it be hit | | | | bring some trading opportunities. |
| in the secondary market is not the first time the | | | | |