Research On The Influence Of Baoneng's Placard Toward Vanke's Stock Price Volatility

The developed capital market helps to optimize the allocation of resources.Good allocation of resources helps to improve capital allocation efficiency and promote economic developing steady.Our capital market still lags behind mature capital markets in terms of policy system and resource allocation efficiency.As a result,some problems have gradually emerged in its continuous development.In recent years,insurance funds investing in the stock market has caused a lot of problems,such as causing the stock price of target company to fluctuate abnormally.Vanke's equity war involves the Department of Baoneng,Anbang,Hengda,Huarun and the Shenzhen Metro group,the case covers real estate industry,insurance industry,regulatory industry and other subjects,the impact on the market has extremely significance.Through case studies,the article take "Baoneng department purchase Vanke A" as the example,investigates the unusual fluctuation of Vanke A stock through concrete demonstration.First of all,using the specific data,it shows the background of the industry when the case happened,that is,the relative situation of the real estate industry and insurance funds investing in the stock market in recent years,highlighting the typical of the case;after introduces the Department of Baoneng and Vanke,discusses the process the case and the key point in time,the article uses Eviews statistical software on Vanke A stock price to evaluate abnormal fluctuations;summarizing the main conclusions of the empirical findings concluded that the case driven a rise in stock prices in the short term.Finally,relevant countermeasures and suggestions are put forward for the research results.From the perspective of responding to the malicious acquisition motives of placard companies and stabilizing the company's own development,companies should adjust the reasonable ownership structure to maintain the stability of the stock price;establish an effective anti-takeover strategy to protect the legitimate rights and interests of shareholders,such as the formulation of parachute strategies,stock repurchase policies and employee stock ownership plans;adjust the form of dividend distribution and optimize the company's capital structure;improve internal control and reduce stock price volatility.From the perspective of promoting the coordinated development of the financial industry and the real economy,improving the efficiency of asset allocation in China,the government should improve the information disclosure system,strengthen the supervision of investment funds of insurance companies,regulate the investment behavior of institutional investors,and strengthen cooperation among various regulatory authorities.By analyzing the characteristics of the two parties involved in the signature event,the article conducts a research on stock price volatility at the micro level,which can help companies represented by Vanke Group with decentralized shareholding system to develop better;it can help insurance companies represented by Jushenghua have reasonable investment and improve the efficiency of asset allocation;it is also conducive to stabilizing the stock price volatility of companies in the face of emergencies and hostile takeovers,and promoting the fair competition between all parties,so that the coordinated development of China's capital market and real economy can be achieved.