My Fintech Empire

Chapter 203 [Sensational investment circle]

At around 11:50 noon, under the witness of Huayu, the big boss and Mr. Cao of Fuyao Group reached a consensus at the speed of light.

However, it is only a gentlemen's agreement at present, and the specific written agreement process will not be so fast. This is a major corporate matter, and Fuyao Group also needs to go through a process to hold a shareholders' meeting to vote on this.

But Huayu is very clear that the verbal gentleman's agreement is 100% stable!

When the two sides were talking, there was a feeling that the heroes saw the same thing. In fact, there were many people who came to Mr. Cao to invest, but the investor who had such a thorough understanding of Fuyao Glass and was willing to share the fate with Fuyao, Qunxing Capital be the first.

In addition, Boss Cao was also moved by the professionalism of Fang Hong, a young man. In just two hours, he completely changed his impression of him, and he no longer regarded him as a brat.

After a long discussion, Mr. Cao finally agreed to join Qunxing Capital. Fuyao Group will privately issue 300 million common shares (A shares) to Qunxing Capital, accounting for 15% of the total share capital after the issuance, at an issue price of RMB 6.67 per share, raising approximately RMB 2 billion.

This cooperation will not only provide the funds needed for technological innovation for the development of Fuyao Glass, but also effectively reduce its asset-liability ratio.

...

"I didn't expect it to be successful, and I didn't expect it to succeed so quickly..." Hua Yu said with emotion. He and Fang Hong had already walked out of the hotel and went outdoors, and they were ready to go home after the deal was concluded.

For this itinerary, Huayu actually didn't have much hope at the beginning, but he never expected that it would be smooth and unexpected, and it was done in more than two hours.

At this time, Fang Hong said as he walked: "The rapid expansion of Fuyao Glass has always been at the cost of a high asset-liability ratio. It is too early to choose investment projects in order to seize the market, which implies insufficient debt repayment and payment capabilities. Risks, long-term high asset-liability ratios and low asset liquidity will affect the safety of business operations."

When talking with Boss Cao just now, Fuyao Glass plans to use the 2 billion funds raised from Qunxing Capital this time, of which 75%, or 1.5 billion yuan, will be used to repay bank loans, and the other 25%, or 500 million yuan, will be used to repay bank loans. Replenish the company's working capital, thereby reducing bank loans, and reducing the asset-liability ratio to about 50%.

"Let's release the news." Fang Hong said suddenly.

"Okay!" Hua Yu nodded when he heard it, knowing that his immediate boss' intention was to cooperate with the copyright procurement by the way. The company attacked everywhere, and later suppressed the false news that Qunxing Capital suffered a huge loss in the stock market, and was forced to shrink its strategy.

In the end, after internal discussions, the company decided to cut the budget for copyright procurement.

...

At around 8:00 p.m., a rumor spread that caused a sensation among investors in the circle. A person familiar with the matter revealed that Qunxing Capital had successfully invested in Fuyao Group, with a strategic investment of 15% of the shares, but the investment amount was unknown.

The appearance of this rumor caused a sensation in the investment circle, and people from all walks of life in the investment circle were amazed, because Boss Cao is notoriously stubborn in his resistance to capital, and Boss Cao rejected countless investors who wanted to enter Fuyao Glass.

Unexpectedly, Qunxing Capital was successful, which made people in the industry have to look at it with admiration.

Although the news has not been confirmed, people in the circle believe that the news that spread cannot be made out of nothing, and something must have happened if there is a rumor.

There are two main reasons for most outsiders to believe. One is that Qunxing Capital and Fuyao Glass have not come out to refute the rumors, and the other is that Boss Cao is just in Xincheng at the moment, which makes the news about the room more reliable.

Qunxing Capital was able to settle Boss Cao, which made people in the industry more and more feel that this investment institution has its own advantages. He also made a lot of money in the overseas capital market.

Although he has done such unsightly things as "people are stupid and rich in money" in copyright procurement, this rookie in the investment industry does have his own unique skills. This is the latest evaluation of Qunxing Capital by insiders.

And this matter has further contributed to the efficiency of several investment institutions such as Xiao Quan borrowing 15 billion yuan to Qunxing Capital, and it is faster and more assured to lend the money to Qunxing and prepare to lie down and win.

...

The following day, Monday 25 May.

The news on weekends and weekends was mostly negative, and the external market also plummeted. In addition, the news that Qunxing Capital strategically invested in Fuyao Glass on the weekend night was negative for the stock.

As soon as the market opened today, the Shanghai stock index directly gapped down at 2555.34 points and opened down by -1.63%, while the call auction of Fuyao Glass directly hit 7.36 yuan per share and gapped down by -5.52% to open in the deep water area.

Qunxing Capital wants to strategically invest in this company, and there is a high probability that Fuyao Glass will issue private placements to it. Such a large-scale private placement will inevitably lead to the dilution of the equity in the hands of all original shareholders.

At the opening of the market today, Fuyao Glass dropped more than 5 points in the direct bidding. If you know that Qunxing Capital's holding cost is 6.67 yuan per share, it will definitely drop by the limit today.

The market opened at 9:30, and the two cities opened lower and moved lower in the first half hour. The market index expanded to 2.27% at around 10 o'clock, and once dropped to 2538.62 points.

And Fuyao Glass’s volume plummeted about half an hour after the opening of the market. At around 10:03, the stock price dropped to 7.01 yuan per share and fell -10.01% to hit the limit.

The auto parts sector was also dragged down by the lower limit of Fuyao Glass, but only about four minutes after the lower limit, the stock's lower limit was pried open by big funds.

And this big fund is none other than Qunxing Capital.

...

At the same time, Jingxin lives in the new trading room on the second floor.

Fang Hong and Evelee, the first trader he trained, were operating institutional accounts in the trading room. Before the market opened, they had already given the target of today's position opening to the maid girl, and she was sitting at one of the trading desks to buy into stocks.

Today's market opened in deep water, and Fang Hong asked maid traders to buy as soon as the market opened.

One of the large screens on the wall of the trading room displays a list, which is the list of holdings of institutional accounts, as well as the stocks bought today, including Hitong Securities, Wantao A, Zhongxin Guoan and other tickets.

Several bids including Yunnan Copper and Jiangqi Copper in the industrial metal sector were also brought back.

After transferring to an institutional account and upgrading the hardware of the trading room, the current holdings of the institutional account have exceeded 15 stocks. Now, apart from the maids who are trading, Fang Hong himself is also sitting at another trading desk to operate.

"Weichai Heavy Machinery sweeps the goods for 30 million." Fang Hong scanned the board and saw the ticket, which has risen by more than +7% at the moment. Evele, who was next to her, nodded and entered the stock name, but found that she could not find it, and immediately turned her head to look at Fang Hongdao : "Brother Hong, why can't I find this stock?"

"Uh..." Fang Hong came to his senses, and immediately said: "I made a mistake, it's 000880 Shandong Juli, buy it."

I just said it without thinking, only to find out that the ticket is still called Shandong Juli. Efrey entered the transaction code he gave, and there really was this ticket, and immediately set the limit price of 30 million funds as Fang Hong said shopping.

The time-sharing line of Shandong Juli quickly went straight up, and the stock price rushed to 9.94 yuan per share, directly sealing the daily limit.

...

"Big brother, why are you 'not doing business' to make these tickets again? You are an institutional investor!" I couldn't help complaining in my heart after getting a small ticket.

This kind of ticket cannot be followed!

And this is not the key point, the key point is that the big guy has set up several tickets in the ST sector in front of him, and due to the limited liquidity, a single ticket cannot even buy more than 10 million funds.

There is no way to follow such a ticket.

Fei Liang likes that he deals in large stocks with good liquidity, such as Hi-Tong Securities, which can trade billions of dollars a day.

In fact, Fang Hong also wants to buy big tickets, but if the liquidity of big tickets is good, he can’t make a price difference. As for ST shares, although these stocks are small in size and have average liquidity, they can make enough space and height. Make up for the shortcomings of not being able to place positions.

The other one is just a few more stocks. The big tickets are now handed over to the maid girl Evelee to operate, and Fang Hong himself is to operate the stocks of the ST sector. After all, the operation is relatively difficult.

...

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