According to the Central Clearing and Clearing System, from the trading suspension of NVC on August 13 to yesterday, as many as 27 securities and investment banks off-site have carried out position transfer activities. Among them, UBS's positions have increased day by day. The previous 0.05% surged to 1.11%. Based on the pre-suspended stock price of 1.77 yuan (Hong Kong dollars, the same below), the market value of UBS's NVC position has reached nearly 62 million yuan (approximately 49.104 million yuan). As for the holdings of investment banks such as Goldman Sachs, Deutsche Bank, Citigroup, and HSBC, they have all decreased. Among them, HSBC originally held 205 million shares before NVC was suspended, accounting for 6.56% of the total shares. However, the last transaction showed that it sold approximately 33.12 million shares, and its shareholding ratio dropped to 5.52%.
Profit will be made when the over-the-counter liquidated stocks resume trading.
According to the current ownership structure of NVC, as the two major institutional investors SoftBank SAIF and Schneider have not expressed their positions, there are even reports that they are leaning towards the camp of major shareholder Wang Donglei. Wu Changjiang, who holds only about 10% of the shares, is theoretically at a disadvantage. However, an unnamed fund manager said that there are many small and medium-sized funds in the market, which are keen to buy shares of problematic companies at par, because once trading resumes, profits will be made, even if the losses are not large, the "value gambling rate" is very high.
In addition, Hang Seng Index Company announced yesterday that since NVC has been suspended from trading for more than a month, it has been removed from the Hang Seng Broad Consumption Index, Hang Seng Mainland China Consumer Goods Manufacturing Index, Hang Seng Global Composite Index and Hang Seng Composite Index, effective September 29.
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