立竿见影!监管出手规范ETF超额换购 这家上市公司高管随

2019-11-07 21:23 来源:天天基金网
【立竿见影!监管出手规范ETF超额换购 这家上市公司高管随即放弃!】ETF超额换购遭遇监管窗口指导,后续效应可谓立竿见影。已有部分上市公司配资开户称放弃原先ETF换购计划,转为直接减持。据券商中国记者不完全统计数据获悉,年内约40家上市公司参与了总额超130亿的ETF换购。一方面,以成份股换购ETF有助于上市公司资产多元化配置,提升资产的流动性和收益性;但另一方面,超比例换购将导致产品发行后与跟踪指数产生误差,一定程度上损害了中小投资者利益。(券商中国)

 

  ETF超额换购遭遇监管窗口指导,后续效应可谓立竿见影。已有部分上市公司配资开户称放弃原先ETF换购计划,转为直接减持。

广发500  CIQIAN,JIANGUANCENGDUIBUFENJIJINGONGSIJINXINGCHUANGKOUZHIDAO,YAOQIUSHANGSHIGONGSIYIGUFENHUANGOUETFFENEDEGUIMO,BUKECHAOGUOGAIBIAODEZAIZHISHUZHONGDEQUANZHONG,ERQIEDAEHUANGOUXUYAOSHANGBAOXIANGGUANJIGOUPIZHUN。SHICHANGSUIJICHANSHENGLIANSUOFANYING。11YUE5RI,SIWEITUXINFABU配资开户CHENG,GONGSIFUDONGSHIZHANGSUNYUGUOXIANSHENGYUDONGSHICHENGPENGXIANSHENGFANGQIYUANXIANDEETFHUANGOUJIHUA。

  SUOWEIGUPIAOHUANGOUSHIETFTEYOUDEYIZHONGFAXINGFANGSHI,JIZAIETFFAXINGQI,KEYIYONGCHENGFENGUGUPIAOHUANGOUJIJINFENE。2019NIANETFCHANPINGAOGEMENGJIN,NIANNEIXINFAXINGETFGUIMOYICHAO1200YIYUAN, ETFGUIMODAZENGDEBEIHOULIBUKAISHANGSHIGONGSIGUDONGDE“HUANGOUCHAO”。

  JUQUANSHANGZHONGGUOJIZHEBUWANQUANTONGJISHUJUHUOXI,NIANNEIYUE40JIASHANGSHIGONGSICANYULEZONGECHAO130YIDEETFHUANGOU。YIFANGMIAN,YICHENGFENGUHUANGOUETFYOUZHUYUSHANGSHIGONGSIZICHANDUOYUANHUAPEIZHI,TISHENGZICHANDELIUDONGXINGHESHOUYIXING;DANLINGYIFANGMIAN,CHAOBILIHUANGOUJIANGDAOZHICHANPINFAXINGHOUYUGENZONGZHISHUCHANSHENGWUCHA,YIDINGCHENGDUSHANGSUNHAILEZHONGXIAOTOUZIZHELIYI。

  四维图新高管放弃换购

  11YUE5RI,SIWEITUXINFABU《GUANYUBUFENDONGSHIFANGQIYICHIYOUDEBENGONGSIGUFENCANYURENGOUJIJINFENEYIJINIJIANCHIGUFENDEYUPILU配资开户》。配资开户ZHONGCHENG,GONGSIFUDONGSHIZHANGSUNYUGUOXIANSHENGYUDONGSHICHENGPENGXIANSHENGFANGQIYUANXIANDEETFHUANGOUJIHUA。YUANJIHUAZHONG,SUNYUGUOXIANSHENGNIHUANGOUBUCHAOGUO93WANGU,ERCHENGPENGXIANSHENGNIHUANGOUBUCHAOGUO105WANGU。

广发500  配资开户ZHONGHAISHUOMINGLECHENGPENGXIANSHENGGONGBUDEZUIXINJIANCHIJIHUA,YIRANSHI105WANGU,ZHIBUGUOCICIBUZAITONGGUOETFHUANGOUQUDAO,ERSHIZHIJIECAIQUJIANCHICUOSHI。

  监管已进行窗口指导

广发500  YINCHAOEHUANGOUYINFADECHANPINYEJIYANZHONGPIANLIZHISHUDEQINGKUANGYIJINGYINQIJIANGUANGAODUZHONGSHI。JINQI,JIANGUANDUIBUFENSHEJIXIANGGUANYEWUDEGONGSIJINXINGCHUANGKOUZHIDAO,YAOQIUHUANGOUGUIMOBUDECHAOGUOGAICHENGFENGUZAIZHISHUZHONGDEQUANZHONG。

广发500  ZAIBUFENGONGSIDEXIANGGUAN配资开户ZHONG,HUANGOUETFSHUNLICHENGZHANGDIBEIZUOWEIJIANCHIFANGSHI,BINGCHENGZHIWEI“HELIPEIZHIZICHAN,YOUHUAGUDONGZICHANJIEGOU。”

  YENEIRENSHIRENWEI,GUPIAOHUANGOUETFKEYIFENGFUTOUZIZUHE,SHIXIANDUOYUANHUAPEIZHI。“JIANGSUOCHIGUPIAOHUANGOUWEIETFFENE,WEIBISHIJIANCHIBIANXIANDEXUQIU。SHANGSHIGONGSIGUDONGJINXINGGUPIAOHUANGOUETFCAOZUO,SHIBADANYIGUPIAOZICHANZHUANBIANWEIYILANZIGUPIAOZICHAN,KEYIFENGFUTOUZIZUHE,SHIXIANDUOYUANHUAPEIZHI,BINGJIEZHUETFDEYUNZUOJIZHISHIXIANZICHANDEPANHUO。”

广发500  DUIYUYIXIANJINRENGOUBEICHAOEHUANGOUDEETFCHANPINTOUZIZHELAISHUO,ZEXIANDEYOUXIEBUGONGPING。CHAOEHUANGOUZHIHOU,JIJINYAOGENZONGYEJIJIZHUN,JIUBIXUPAOSHOUDUOYUDEGUPIAO,HUIDAOZHICHANPINJINGZHIXIACUO。CONGJIANGUANDEJIAODU,RUHEBAOHUHAOYIXIANJINFANGSHIRENGOUETFJIJINDETOUZIZHEXIANDEYOUWEIGUANJIAN。

  ZAOZAI2013NIANSHI,ETFHUANGOUDEXIANZHIGENGSHAO。BISHIYONGTAINENGYUANTINGPAISHIHUANGOULEDALIANGDENANFANGKAIYUANHUSHEN300ETFJIJIN,ERZAIYONGTAINENGYUANFUPAIHOU,YONGTAINENGYUANYILUXIADIEDEGUPIAOBIAOXIANZHISHIETFJIJINJINGZHIYILUZOUDI。ERYONGTAINENGYUANDEGUDONGZETONGGUOETFHUANGOUDEFANGSHIBIMIANLEZHEIYIBOXIADIE,KEWEIZUIDADELIZHE。

广发500  CISHIFASHENGZHIHOU,JIANGUANCENGXIUDINGLEETFDEGUIZE,JINZHITINGPAIQIJIANDEGUPIAOCANYUETFHUANGOU。

  JISILUFUZONGCAI、LVJURENZUHEZHULIRENZHENGZHIYONGBIAOSHI,“XIANJINRENGOUETFYUYONGGUPIAOHUANGOUETF,CONGXINGSHISHANGKANYOUYIDINGQUBIE,RUGUOETFYUNZUOZHONGCHUXIANWENTI,DAOZHIXIANJINRENGOUDETOUZIZHEYUGUPIAOHUANGOUDETOUZIZHELIYIBUTONG,SHOUSHANGDEYIFANGBIJIANGGOUBINGLINGWAIYIFANG。”

  ZHENGZHIYONGRENWEI,YONGGUPIAOHUANGOUETF,HUANGOUBILIXIANZHISHIHEXIN。LIRUYONGMOUZHIGUPIAOHUANGOUCHENGETF,RUOHUANGOUBILIYUETFMUBIAOQUANZHONGXIANGJIN,ZESHENGQULEETFJIANCANGGUOCHENGZHONGDEYONGJINJIAOYICHENGBEN、SHICHANGCHONGJIDENG;RUOXIANZHUGAOYUGAIGUZAIETFDEMUBIAOQUANZHONG,ZEXUYAOMAICHUJIAOYIYONGJIN、YINHUASHUI、CHANSHENGSHICHANGCHONGJIDENG。

  所以,郑志勇建议,成份股换购ETF的规模不超过在ETF中的目标权重为宜。用公式表示就是:“ETF成份股换购ETF的规模≤ETF成立规模*该成份股在ETF中的目标权重”。

  年内近40家公司参与ETF换购,总金额超130亿

广发500  QUANSHANGZHONGGUOJIZHEZHENGLILENIANNEICANYUETFHUANGOUDESHANGSHIGONGSI,QIHUANGOUDEDUIYINGETFJIJINYUHUANGOUSHULIANG,JUBUWANQUANTONGJI,2019NIANGONGYOU37JIAQIYEWANCHENGETFHUANGOU,ZONGJINEYICHAO130YIYUAN。

  QIZHONG,YOUSANJIAGONGSIHUANGOUJINECHAOGUOLE10YIYUAN。ZHONGGUOSHIYOUHUANGOUJIN30YIYUANPAIZAIDIYIWEI,ZHONGXINGTONGXUNYUZHONGHANGSHENFEIFENBIEYI12YI、10YIDEHUANGOUJINEPAIZAILEDIER、DISANWEI。HUANGOUBILIYIBANZAI1%ZUOYOU,ZUIDUOBUCHAOGUO3%。

广发500  BUFENETFJIJINSHOUSHANGSHIGONGSI“ZHUIPENG”,TONGSHIBEIDUOJIAQIYEHUANGOU,QIZHONG,FUGUOZHONGZHENGJUNGONGLONGTOUETFBEIZHONGHANGSHENFEI、ZHONGHANGFEIJIDENG9JIASHANGSHIGONGSITONGSHIHUANGOU,HUANGOULEIJIJINEDA37YIYUAN,ZHANFUGUOZHONGZHENGJUNGONGLONGTOUETFZONGGUIMODE62.9%;ZHONGZHENGZHANGSANJIAOYITIHUAFAZHANETFJIJINBEIZHENENGDIANLI、HUAYIJITUAN、NANJINGZHENGQUANSANJIAGONGSITONGSHIHUANGOU,HUANGOULEIJIJINEDA16YIYUAN,ZHANZHONGZHENGZHANGSANJIAOYITIHUAFAZHANETFJIJINZONGGUIMODE29%;HUITIANFUZHONGZHENG800ETFJIJINBEIBAIYINYOUSE、FUSITE、SHENKEJISANJIAGONGSITONGSHIHUANGOU,HUANGOULEIJIJINEDA9YIYUAN,ZHANHUITIANFUZHONGZHENG800ETFJIJINZONGGUIMODE14%。

  ZHIDEYITIDESHI,GONGYINRUIXINHUSHEN300ETFBEIZHONGXINGTONGXUNYUZHONGGUOSHIYOUTONGSHIHUANGOU,HUANGOULEIJIJINEDA42YIYUAN,SHENZHICHAOGUOLEGONGYINRUIXINHUSHEN300ETFDANGQIANDEGUIMO40YIYUAN。ERZAIGONGYINRUIXINHUSHEN300ETFJIJIN10YUE23RIPILUDESANJIDUBAOGAOZHONG,JIJINQIANSHIDAZHONGCANGGUZHONGYIJINGWANQUANKANBUDAOZHONGXINGTONGXUNYUZHONGGUOSHIYOUDESHENYINGLE。

广发500  QUANSHANGZHONGGUOJIZHELEJIEDAO,ZAIGONGYINHUSHEN300ETFSHANGSHIQIAN,JICHANPINCHENGLIHOUDEJIANCANGQINEI,JIJINJINGLIYIJINXINGDIAOCANG,BINGZAISHANGSHIRIQIANWANCHENGDIAOCANG,YINCISANJIBAOGONGBUDEQIANSHIDACHICANGQINGKUANGYUZHISHUQUANZHONGDUIYING,ZHONGSHIYOU、ZHONGXINGTONGXUNJUNBUZAILIE。

广发500  YENEIRENSHIRENWEI,YICHENGFENGUHUANGOUETFYOUZHUYUGONGSIZICHANDUOYUANHUAPEIZHI,TISHENGZICHANDELIUDONGXING、SHOUYIXING,YOULIYUTIGAOGUOYOUZIBENZHENGQUANHUALVHEZIBENLIUDONGXING,YETIXIANLEZHONGGUOZIBENSHICHANGDESHICHANGHUAFAZHAN、TOUZIGONGJUDEDUOYUANHUAHESHANGSHIGONGSISHIZHIGUANLIDEGUIFANHUA。

广发500  RANER,RUOBEIHUANGOUDEFENEJUNGUODA,YUANCHAOJIJINSUOGENZONGZHISHUZHONGDEGONGSIQUANZHONGBILI,BIRANHUIZAIJIJINSHANGSHIZHIHOUCHANSHENGWUCHAYUPIANLI,YEJIUZAOCHENGLESUOWEIDECHAOEHUANGOU。ERZAICHAOEHUANGOUZHIHOU,YAOGENZONGYEJIJIZHUN,JIUBIXUPAOSHOUDUOYUDEGUPIAO,YIBANYEJIUHUIDAOZHICHANPINJINGZHIXIACUO。