Sina Finance

Valin JTP1's one yuan pass was easily broken and embarked on the road of return

http://www.sina.com.cn 10:46, January 15, 2008 Panorama Network

Panorama News on January 15 Valin JTP1 , trading will resume after an hour's suspension in the morning. After the resumption of trading, there was a sharp decline, and the 1 yuan pass, which was previously regarded as a strong support, was easily broken. Its maximum decline was more than 6%, and it is currently at 0.988 yuan, down 5.54%.

Due to the delisting of Valin's put due to expire next month, there are only 24 trading days left. Today's sharp drop below 1 yuan can also be seen as the beginning of its return. Its last trading day is February 22. Due to the existence of the last day selling authority rise order, its last day trend may copy the plain way of CIMC's put. (Panorama/Thunderstorm)

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