China CSR and CNR enormous downward pressure

• After the great earthquake of April 20, China CNR A-share fell close, 33.85 down to 31.84 Yuan blocked 1.02 million sell orders on the Board. In the Hong Kong stock market, the situation is even worse, the end of the day, CNR h-shares tumbled 12.69%, to close at $ 16.24/unit, China South locomotive shares fell 12.32% to close at 15.52 HK/share.
  On April 20, continuous trading, stock investors as "China" China South locomotive and China CNR staging blockbuster reversed shares from trading to limit, on April 21, China South locomotive and China CNR shares to about 6% of a percentage point lower, and soon fell in early morning trading. After the two vehicles fell, then frantically sold off by the institutions. SSE data showed April 21, China South locomotive in the top five selling records, there have been three special seats, were sold in China South locomotive 1.0277 billion yuan; CNR's largest sell orders also came from institutions, cumulative sold 413 million Yuan. However, contrasting body dump, incongruous contrarian buy Shanghai-Hong Kong-pass situation.
  In part the industry view, while there are mergers is expected, but the rapid rise of the CNR and CSR, already was overdraw its Outlook. WIND statistics, since in 2015 alone, CNR rose 376.76%, CSR has gained 399.06%. Even after April 21 fell, both price-earnings ratio is still as high as 75.6 times and 82.7 times times, has presented a serious bubble.