playpokerhub| The tide rises and falls! The concept of the game is strongly promoted

Intro: May fourteenth in the morningPlaypokerhubThe main index of the A-share market fell, but the number of rising stocks totaled more than 3...

May fourteenth in the morningPlaypokerhubThe main index of the A-share market fell, but the number of rising stocks totaled more than 3800, significantly exceeding the number of declining stocks.

The A-share market as a whole fluctuated in a narrow range this morning, the main index fell slightly, the game concept rose sharply, and many stocks rose by the limit or more than 10%.

The overall performance of the Hong Kong stock market was good this morning, with outstanding performance of technology stocks and health care stocks. Among the constituent stocks in the Hang Seng Technology Index, Oriental selection soared by more than 15%.

playpokerhub| The tide rises and falls! The concept of the game is strongly promoted

More than 3800 shares are up. The concept of the game is up.

The A-share market as a whole fluctuated in a narrow range this morning. By the close of trading this morning, the Shanghai Composite Index was down 0%.Playpokerhub.12%, the Shenzhen Composite Index fell 0.Playpokerhub.01%. Although the main index fell, the total number of rising stocks exceeded 3800, significantly exceeding the number of declining stocks, and the overall trading atmosphere was good.

Industry plate and track, media, light industry manufacturing, textile and clothing and other sectors led the rise. Coal, household appliances, national defense and other sectors led the decline.

In terms of the concept plate, the concept of the game rose sharply, with many stocks rising by the limit or more than 10%.

Another convertible bond listed Hongbai convertible bond rose nearly 20% in the morning.

Today, there is a convertible bond listed on the market, the convertible bond is Hongbo convertible bond, the increase was close to 20% in the morning.

Hongbai convertible bonds are convertible bonds issued by Hongbai Xincai, with a bond issuance volume of 960 million yuan.

According to the company's official website, Hongbai New material is mainly engaged in the research, development, production and sales of functional silane, nano-silicon materials and other new silicon-based materials, and its products are widely used in automotive, rubber products, construction, medicine, medical and other industries. It is a specialized and special new enterprise in Jiangxi Province, a national high-tech enterprise, and a single champion and demonstration enterprise of the Ministry of Industry and Information Technology. The company's registered capital is 436.4 million yuan, and its headquarters is located in Jingdezhen, the porcelain capital of the millennium. The production base covers an area of more than 1000 mu and has more than 1000 employees. The company has subsidiaries and branches in Hong Kong, Macao, Dongguan and Harbin. The company's main business is functional silane, nano-silicon materials and other new silicon-based materials andPlaypokerhubThe R & D, production and sales of his chemical auxiliaries is one of the enterprises with circular economy system and the world's leading industrial scale in China's functional silane, especially in the field of sulfur-containing silane. The company has established close long-term business relations with large and well-known tire manufacturers at home and abroad, such as Bridgestone, Michelin, Goodyear, German Horse, Hantai, Sumitomo, China Strategic, etc.

The convertible bond market has generally continued to improve recently, and the trend is relatively stable. The CSI convertible bond index has risen nearly 10% since its low in February this year.

At one point, Hong Kong stocks soared more than 15% in the selection market.

The overall performance of the Hong Kong stock market was good this morning, with outstanding performance of technology stocks and health care stocks.

Among the constituent stocks of the Hang Seng Technology Index, Oriental selection soared, up more than 15% as of press time. Bilibili-W, Weilai-SW intraday gains are in the forefront of the market.

In health care stocks, Tinker Bell Health rose more than 80% at one point.

Among other volatile stocks, ESR jumped more than 20 per cent.

ESR said in a statement that the company's board of directors noted the recent unusual fluctuations in the price and trading volume of the company's shares, as well as recent media reports of possible privatisation of the company. The board wishes to clarify the above media reports and inform the company's shareholders and potential investors that on April 25, 2024, the company received Starwood Capital Operations,L.L.C. (on behalf of the entities controlled by Starwood Capital Group) (Starwood), Sixth Street Partners A non-binding conditional acquisition proposal made by an investor consortium consisting of LLC (on behalf of certain of its associated investment funds and companies) (Sixth Street) and SSW Partners LP (on behalf of itself and its associated funds and entities) ("SSW Partners") in relation to a possible privatisation of the Company which, in the case of privatization, may result in the de-listing of the Company on the Stock Exchange. Under the indicative offer, shareholders are expected to be able to choose to receive a cash consideration or transfer their shares to a future private company, subject to the terms of the final survival arrangement.

Contrary to media speculation, Warburg Pincus LLC is not a member of the consortium and is not part of an indicative takeover proposal, the announcement said.

The announcement also said that the company has set up an independent board committee (made up of all non-executive directors, including all independent non-executive directors, because Warburg Pincus and the founder are in consultation with the consortium, so it does not include any founder or Mr. Perlman, who is also a partner of Warburg Pincus) to consider indicative acquisition proposals, and has appointed Citigroup Global Financial Asia Limited (Citigroup) as the company's financial adviser. To assist in evaluating indicative acquisition proposals. Considering whether to implement the indicative offer is still at a preliminary stage, so it is not possible to determine whether the indicative proposal will eventually lead to an offer for the company's shares (as defined in the Takeovers Code). Save as disclosed above, the Board is not aware of any of the reasons for the fluctuations in share prices and trading volume.

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