becomeBrokers direct investment institutions withdraw from the main market

Guo Xinhong Sheng to 10 exit in the brokerage direct investment bodies exit number topped Qing Research Center recently published the research report on China's securities companies ' direct investment business, up to the end of the third quarter of 2011 the old republic power leveling, with 34 total direct investment institutions securities companies achieve IPO exit 41. Shenzhen gem is most prominent, exit with 24 resident inThree major securities trading market in the first place in the territory, as brokers direct investment agency exit's main market. While direct investment institutions securities companies lucrative, but it is not uncompromising graphic in direct investment business. "As the pilot work starts in 2007 and 2008, extend the scope of the pilot, securities companies ' direct investment business gradually spread, and become one of the most potential buyers of businessOne. "Qing Fu 喆 introduction, Research Center, but since September 2008 IPO within suspended brokerage direct investment agency exit is blocked. Until October 2009 gem gate opening, first exit through IPO brokerage direct investment institutions. Qing Studies Center data show, up to the end of the third quarter of 2011 swtor power leveling, with 34 total direct investment institutions securities companies achieveIPO exit 41. From the distribution of out of the market, with the exception of July 2010 investment capital by China intelligent transport systems (Holdings) limited, landed outside the Hong Kong Board exit, direct investment and exit are all located in the territory of other brokers ' market. Shenzhen gem is most prominent, with 24 out of living in the territory of three stock exchange first, becomeBrokers direct investment institutions withdraw from the main market, the SME Board in Shenzhen and Shanghai stock exchanges occur out of the trade 12 and 4, respectively. Level of direct investment and return on investment in securities firms, the ranking of rankings and the number of cases, occurring on the Shenzhen second Board 24 exit book return on average multiple is 5.27 times times, firmly held the market top sz small and medium enterprise Board average accountReturn multiple 4.51 times times, 2.89 times times of Shanghai Stock Exchange. "At this stage in the market more concentrated active brokerage direct investment institutions, exit 41 pen case involving brokerage direct investment only 9. "Fu 喆 introduction. From the exit of direct investment institutions securities companies number, up to the end of the third quarter of 2011, Guo Xin Hong Sung exit with 10 trailing the brokerage direct investment institutionsExit number of tops, stone investment to 9 exit the second peace, wealth and wisdom and extensive written German a 7 exit of each tied for third. Return on investment, in addition to the Board of Hong Kong realize the investment capital of exit, a single average return on investment of other agencies have reached more than 3 times. From an investment analysis as to the time, 41 exit from securities companies direct investmentInstitution shares to enterprises listed, in case time is less than 18 months to 35, 85.4% per cent of total number of cases, brokers are shown direct investment "short, flat, quick" investment style. "Although direct investment institutions securities companies lucrative, but it was not uncompromising graphic in direct investment business. "Fu 喆 said. Statistics show that from 2010 to 2011In October, by direct investment subsidiary of securities companies or their related equity fund invests in the enterprise, had not been passed on for the first time a total of 12, where the investor is brokerage there were 9 cases of direct investment institutions, 3 case investors and securities companies or brokers direct equity investment of investment-related institutions. From 9 brokerages will be not on direct investment and investment, miningTaking "direct investment the sponsor" mode 7. Investment horizon, direct investment by securities firms agencies will examine on a stake to an enterprise, but 15 months the longest. (www.ccstock.cc)