When was Shenwan Hongyuan listed? What is the issue price?

The latest news of Shenwan Hongyuan is that Shenwan Hongyuan has been issued a warning letter by the regulatory authorities due to problems in the development of private asset management business.

The three major problems are respectively funny and boring as:

1. In the course of the closed operation of individual private asset management plans, the underwriting of related parties of Shanwan Investment without the prior consent of investors violates the provisions of Article 66, Paragraph 2 of the Administrative Measures for the Private Asset Management Business of **** Operating Institutions (Decree No. 151 of the CSRC, hereinafter referred to as the "Private Placement Management Measures").

2. Failure to effectively isolate private asset management business from other businesses violates Article 59 of the Measures for the Administration of Private Placements.

3. There are situations where different valuation methods are adopted for the same kind of assets held by different private asset management plans, and individual private asset management plans do not strictly abide by the principle of fair valuation, and the valuation methods are unreasonable. In addition, the valuation process was flawed by the Company's individual private asset management plans that failed to adjust their valuations in a timely manner when the relevant bonds had materially defaulted. The aforesaid issue violates Article 43 of the Measures for the Administration of Private Placements.

Extended Materials. 1.In order to further deepen the market-oriented reform of the use of insurance funds, standardize the participation of insurance funds in the lending business, and effectively prevent risks, the China Banking and Insurance Regulatory Commission recently issued the "Notice on Matters Concerning the Participation of Insurance Funds in the Lending Business".

According to reports, the lending business is a common trading system for domestic and foreign capital markets to improve the liquidity of the secondary market, and the development is relatively mature.

2.The notice is clear, and the orientation of categorical supervision is adhered to. On the one hand, it restricts insurance institutions that do not meet the standards such as solvency and asset and liability management capabilities from participating in the lending business, and on the other hand, guides insurance institutions to strengthen counterparty management, and sets different counterparty standards according to the differences in business models and risk levels, so as to effectively prevent credit risks.

3.The circular requires that compliance management be strengthened, and the main responsibilities of insurance institutions in terms of business decision-making, borrower management, asset guarantee, asset custody, compliance management, risk management, and related party transactions should be consolidated.

4.The person in charge of the relevant department of the China Banking and Insurance Regulatory Commission said that the issuance of the notice is conducive to enriching the use of insurance funds, better playing the role of institutional investors in insurance funds, optimizing the supply and demand structure of the capital market, and enhancing market liquidity and activity.

On January 26, 2015, Shenwan Hongyuan Group shares were officially listed on the Shenzhen Stock Exchange, and Hongyuan shares were ****** terminated. With the official opening of Shenwan Hongyuan Group Co., Ltd. and Shenwan Hongyuan ****** on the same day, the largest market-oriented merger and acquisition case in China's leading industry so far has been successfully completed.

The opening reference price of Shenwan Hongyuan on the first day of listing is determined to be yuan shares, and there is no limit on the rise and fall of the first day of listing. As of **, Shenwan Hongyuan closed at RMB per share, with a turnover of 100 million yuan.

With the stock price on the day of listing, the total market value of Shenwan Hongyuan has reached 291.9 billion yuan, becoming the largest listed company in the Shenzhen Stock Exchange, and the total market value in the brokerage sector is second only to the industry leader CITIC**. The main body of this listing is "Shenwan Hongyuan Group Co., Ltd.", registered in Xinjiang, as an investment holding company, and its main business is financial investment and equity investment. Shenwan Hongyuan ****** is set up, and the old Dan is registered in Shanghai and is engaged in ** business.

This forms a parent-subsidiary structure of 'investment holding company + ** subsidiary', giving full play to the resource advantages of Shanghai and Xinjiang, and positioning comprehensive finance at the level of listed companies, paving the way for the company's future strategic development. Ding Wentao, chief analyst of Haitong's non-bank financial industry, said.

From the perspective of the brokerage industry, the merger of Shenwan Hongyuan is a large-scale brokerage merger and acquisition of Shanghai after the merger of Founder and Guotai Junan, and the restructuring involves total assets of 100 billion yuan, which is the largest merger and acquisition case in China's ** market so far.

From the perspective of the overall environment, Shenwan Hongyuan's **vote will be**.

Shenwan Hongyuan, Shenwan Hongyuan Group shares****.

On January 26, 2015, Shenwan Hongyuan Group was officially listed on the Shenzhen Stock Exchange. It belongs to ** shares.

At present, China's **** has fallen below 3,000 points, although the central bank's RRR and interest rate cuts and other good news have not been well promoted. From the perspective of the overall environment, Shenwan Hongyuan's **vote will be**.

Shenwan Hongyuan share price is running below cost. Bears are medium, and there is a tendency to accelerate. The stock is in a state of outflow, investors should be cautious when investing. The company's operating conditions are acceptable, and most institutions believe that the stock has high long-term investment value, and investors can pay more attention.

In the near future, it is recommended to leave the market and wait and see, and do not have illusions. Now I don't know what the bottom is.

It must belong to the ** plate.

Type "**" and the bottom right of the software should appear.