MSCI has previously stated that Accor Holdings (3313) will be included in the MSCI China Index, which was originally effective next Wednesday
But yesterday morning, the company suddenly said that it decided to suspend the inclusion of Accor in the index, and Accor’s share price immediately fell 77% in two minutes. The stock rushed to suspend trading at 11:00, and closed down 98% to 0.305 yuan before the suspension. The market value of the half-day evaporation was nearly 45 billion yuan, leaving only 945 million yuan. Accor’s record high this year was 14.96 yuan, more than 38 times more than the beginning of this year. In fact, independent stock critics David Webb had warned in September that it would not be in the hands of the stock.
Accor issued an announcement at about 9 pm last night that due to the sharp fall in stock prices, certain securities brokers forced the sale of 150 million shares held by the company’s major shareholder Hong Sheng, equivalent to 4.87% of the issued share capital, which reduced its shareholding in the company. 12.46%. The company applied for a resumption of trading today (22nd).
Accor is principally engaged in the mining, processing, trading and sales, freight, warehousing and logistics of marble. The stock price has been speculative since the beginning of this year at 0.38 yuan, and it has been favored by MSCI. After the announcement of “Mounting” in November, it has soared 102% in just 4 trading days and once seen a high of 14.96 yuan. However, MSCI suddenly announced that it had “turned off” to Accor earlier yesterday, and it immediately changed back to “the original stock” and changed back to “no stock”.
Qi Zhiyong: It is not recommended to “take the bottom” Accor
According to market news, the three shareholders of the company had reduced their holdings at the high level during the year, and did not rule out that the sharp drop yesterday was also caused by the selling of shareholders. Qi Ruiyuan, a financial strategist at Rui Ruiyuan, pointed out that Accor had been sharply speculatively high earlier. Yesterday, there were big players who took advantage of the opportunity to ship, which led to more securities companies joining the stocks. It also means that the company’s business is not attractive, and mineral processing is deeply plagued by trade wars. The company has turned profitable in this fiscal year. He called on investors to wait and see and then deploy, and it is not recommended to “take the bottom.”
This time, it was not the first time that Accor was “big water”. In mid-September, the stock also fell 72% in the “washing style” within 8 days. At that time, David Webb warned that the stock had net tangible assets of only 1.23 billion at the end of June. Yuan, equivalent to 0.4 yuan per share, but at that time the stock price was as high as 9.48 yuan, the market value of 29.37 billion yuan, seriously high and unreasonable, investors have been advised not to touch hands.
Webb also said at the time that 10 brokers already held an 84% stake in Accor. According to the CCASS data of the Stock Exchange, Jinlifeng currently holds 13.28% of the shares of Accor, which is the largest among the majority of brokers; followed by ABC International, China Securities and Futu Securities, holding 7.06%, 5.26% and 4.77% respectively. Yesterday, Accor’s trading volume exceeded 560 million yuan. It is inevitable to speculate that the stock price plunged related to the brokerage “Kamakura”.
Accor signed a memorandum of understanding with the state-owned Zhongse Dike mineral exploration last week, and plans to place no more than 100 million new shares to the latter at a price of 9.34 yuan per share. Whether the incident is unknown will affect the transaction, but it is certain that the investors who bought the stock in the second half of the year will now be hurt.
Carson was attacked by 85%
In addition, another stock was attacked by a short-selling institution yesterday. Blue Orca Capital issued a report criticizing Carson International (0496), accusing its chairman of the family of “ranching” the group’s assets, arguing that Carson is not worth investing at all, the valuation is only 0.67 yuan, compared with its previous closing price of 4.58 Yuan has a potential decline of 85.4%.
As soon as the news came out, Carson’s share price immediately “dived” and announced a suspension at 11:30. The 90% of the price was closed at 0.455 yuan, and the turnover was over 80 million yuan.
Killer Whale Capital alleged that Carson apparently was a car leather and furniture manufacturer, but it sold the best business to the chairman’s daughter three years ago, deceiving investors by underreporting the income and profits of the sale business. To rob the company.
The agency also said that Carson’s share price has risen sharply in Cambodia’s project development announcement and the profitability of China’s residential sales, but the agency’s investigators only found idle when they went to Toulkey Village in Cambodia, the project that Carson announced to develop a field survey. Undeveloped land and informed by locals that these plots are owned by others. The killer whale capital also lists a number of allegations against Carson. Carson said that a clarification announcement is pending, and the company believes that the report contains information on misrepresentation and misleading.