Yuntianhua's restructuring is about to flee wildly on the daily limit of the organization.

Some institutions are busy fleeing at the daily limit.

Yuntianhua, which was suspended for several months, undoubtedly suffered a continuous daily limit after the resumption of trading on Monday. For the 22 funds locked in Yuntianhua, although there is possible arbitrage space, some of them are still busy shipping.

Yesterday, Yuntianhua continued to close the daily limit, and its warrants were clouded with CWB 1(5800 12. SH) also continued the second daily limit, making Yuntianhua's turnover only 7 1 10,000 yuan yesterday, and only 300,438+0 10 days in10. Since the suspension of trading on March 22 this year, the Shanghai Composite Index has fallen by 50.62% since last Friday. For Yuntianhua, there is no suspense in its down limit.

Wind information statistics show that in the third quarter of this year, there are still six funds that listed Yuntianhua as the largest heavyweight stock, among which two funds, namely, Wu Dong's value growth dual power (Aiji, net worth and information) and Chinese leading enterprises (Aiji, net worth and information), hold Yuntianhua, accounting for more than 10% of its net worth. According to the third quarterly report, * * * 22 funds are deeply involved in Yuntianhua, holding 45.45% of the circulating A shares of Yuntianhua, holding a total of 95.5322 million shares. If the new valuation method is not adopted, Yuntianhua held by the above funds will evaporate 65.438+065.438+056 billion yuan in just two trading days.

In the face of the continuous down limit of Yuntianhua, institutions are also eager to flee. According to the data released by the Shanghai Stock Exchange after two consecutive trading hours, another institution sold 710.35 million yuan yesterday, following the sale of 2,544,700 yuan of special seats for an institution on Monday, ranking first in sales.

However, the continuous limit of Yuntianhua did not cause great "harm" to the funds holding it. A number of fund companies have previously announced that Yuntianhua held by their funds has been adjusted from the transaction market price method to the index income method to determine the fair value. As the first day of Yuntianhua's resumption of trading was based on price limits, stock trading failed to reflect the characteristics of active market trading. According to the relevant regulations, after consultation with the custodian bank, it is decided to continue to use the index income method to evaluate Yuntianhua until it resumes active market transactions.

In fact, although Yuntianhua continued to decline after the resumption of trading, the net value of funds holding it is still rising, which basically shows that the more net value held, the greater the benefit. Among the six funds that ranked Yuntianhua as the first heavyweight stock, the net value of the leading enterprises in China with the largest number of Yuntianhua rose by 6.02% on Monday, and the value growth of Soochow rose by 3.56%. According to the previous index income method, because the price of Yuntianhua is compared with the index, the net value of the fund holding Yuntianhua may rise sharply according to the market price, and there is undoubtedly some arbitrage space.

A fund industry insider said that even if there are six daily limit in Yuntianhua, its price will still be around 32 yuan, and in theory, the net value of some funds will still benefit. At present, the key question is when the fund will adopt the market price again and bring the price of Yuntianhua into the net value statistics.

Topview data shows that before March 22 this year, the shareholding ratio of institutions in Yuntianhua has been on the rise, reaching 77.6%. * * * There are 143 institutions holding its tradable shares, while the proportion of retail investors is only 7.9%. By Monday, the number of institutions held increased to 146, but the shareholding ratio decreased by 0. 15%.