My Fintech Empire

Chapter 587 [Price investment school doubts life]

The IPO of Xingyu Technology is progressing quite smoothly, and the listing is jointly sponsored by a local brokerage firm in Xincheng and two other leading brokerage institutions.

At present, it has been confirmed that 37 large institutions have subscribed and subscribed, and the IPO fundraising has reached as much as 73.1 billion, and these 37 institutions have eaten up 50 billion of it.

The remaining more than 23 billion yuan is still being raised, and online new subscriptions only account for about 10 billion yuan.

That is to say, when investors want to purchase Xingyu Technology, it only accounts for about 13.67% of the initial IPO funds raised, and the rest is eaten by institutions. Public funds and private funds include some institutions such as insurance funds and social security funds. wait.

However, the scale of tens of billions of new online registrations has been allocated, and it is hard to say whether the fundraising can be completed.

During this period of time, the number of subsidiaries of the star system has been listed together, IPO financing or refinancing. Although the market has asked for a lot of money, Kyushu Blue Arrow, which was backdoored and listed some time ago, is a company, followed by Kunpeng Technology, Yixing Media, Maker Square, The five companies are Youkefang and Kyushuhang.

However, if Xingyu Technology's IPO online fundraising is not enough, the three major brokerages will make up for it.

Generally speaking, the problem is not big. Although the current market liquidity is very poor, in the A-share market, the enthusiasm for new ventures is still very high. Yu Technology's IPO initial fundraising failed.

...

Tuesday, June 19.

The A-share market is about to open. At present, on the popularity rankings of individual stocks in the two cities, the domestic commercial drone company Kunpeng Technology and the media giant Yixing Media Group rank first and second.

The two stocks have been restructured and will resume trading at the same time today. The names of the original shell companies will be changed to Kunpeng Technology and Yixing Media respectively today.

It is worth mentioning that Kyushu Blue Arrow, which was listed some time ago, has not yet broken through the historical high hit on the first day of the resumption of trading, but it has not fallen below the 100 billion market value mark, and is doing platform consolidation at a high level.

Previously, there were voices questioning the grouping of seven major themed public offering funds to take over high positions. These people are now bad-mouthing, and they all claim to see how long they can last. The artificially topped votes are all bubbles. crash.

But it just can't fall down, isn't it annoying?

Today, there are two subsidiaries of Galaxy Group backdoor listing and resumption of trading. These two shell companies have also turned pheasants into phoenixes. The investors lurking inside are very excited now, and they opened the market software early before the market opened.

After the resumption of trading of these two stocks, there will also be no price limit on the first day of resumption.

How can you not be excited when you think of the terrifying increase of 15 times on the day when Kyushu Blue Arrow resumed trading?

It seems that riches are just around the corner.

It is indeed very lucky to be ambushed in advance, and it is no exaggeration to say that it is comparable to winning the lottery jackpot, but this is only a lucky few, because these shell resources have already been taken down by Qunxing Capital.

It is doomed that only a very small number of people can eat meat, and these few lucky ones can be regarded as enjoying the dividends of Qunxing Capital's strategy of promoting an independent valuation system.

This kind of profit-making behavior is also intentional by Fang Hong. To create a wealth effect and a myth of sudden wealth in the listed subsidiaries of Qunxing System, for those lucky ones, it is overnight riches, but for Fanghong or Qunxing Capital, it is nothing. No, this is a strategic need.

...

As time passed, the call auction ended at 9:25, and thousands of stockholders were almost all paying attention to the opening prices of the two stocks of Kunpeng Technology and Yixing Media, and the popularity index was off the charts.

The opening price of Kunpeng Technology opened +1403.57% higher at a price of 88.26 yuan per share, corresponding to a market value of 57.9 billion yuan, a direct jump of more than 14 times.

The opening price of Yixing Media opened +1026.96% higher at a price of 40.12 yuan per share, corresponding to a market value of 128.3 billion, a direct jump of more than 10 times.

The first news that the major market software pushes after the call auction is over is the opening of these two stocks. The current popularity index is constantly pushing up, and Kyushu Blue Arrow has become an outdated leader that is not as good as a dog.

Today, the focus of individual stocks in the two cities is Kunpeng Technology and Yixing Media, and the popularity of the stock bar comment areas of the two stocks is also high.

[The subsidiary company of Qungalaxy went public through the back door, really giving benefits to the holders, shit, why didn’t I enjoy it? ]

[The ambush of 300,000 Kunpeng Technology was successful, it was really cool, and 4.2 million was directly obtained, continue the pattern! ]

[It's really crazy, envious and jealous beyond recognition. ]

[Fuck, why are you all making money? Is it ten times the profit at every turn? How many millions are you earning? Livestock? Riding on a horse is too good, and the pink eye disease can't be cured! ]

[One jumps 14 times, the other jumps 10 times, they are all crazy! ]

[How come Yixing Video is only opened ten times, and the next door is doing 14 times, not happy. ]

[Upstairs, if you give you a big fight in front of me, you will be ten times less happy, and you are simply not human. ]

[Why do I always look at the person who is getting rich, I am so angry! ]

[Don't give a sip of soup to those who are in the air at all, the food is too ugly, too disgusting, let me collapse! ]

[I still like Yixing Video, it goes up all the way, everyone has a chance to get on the car. ]

[Hehe, it’s just like the real thing, how many people have made money with Yixing Video rising all the way up like that? It has increased by 30 to 40 times, and the losers are also a lot of money? Can you hold it? ]

[Making a fortune depends on fate, it is yours that cannot escape, not yours that cannot be obtained. ]

[This wonderful market is speechless. ]

[Go to f*cking value investing, horse-riding, grass! ]

[Haha, another value investor’s belief has collapsed, that’s right, these companies in the galaxy make the value investor feel embarrassed? ]

[Who said value investing can't work? Ruihe Medicine is holding, how powerful the trend is, and ATL Technology which is not trendy is a mess, and it is against the market, let alone Yixing Video, the price investment can't make money because you haven't found the value. ]

...

What I have to say is that the return on investment of these listed companies in Qunxing has indeed made many people who stick to value investing doubt their lives. The big blue chips here have fallen so badly that they don’t know each other. It will increase ten times or even more than ten times, or it will go up all the way to the limit like Yixing Video.

Are you envious?

That's so envious!

At 9:30, the A-share market opened as scheduled and entered the continuous bidding stage. The two stocks, Kunpeng Technology and Yixing Media, went straight up at the opening without any stepping back.

The stock price of Kunpeng Technology soared to 97.09 yuan, which was +10% higher than the opening price, triggering the temporary suspension mechanism, and trading was suspended for one hour until 10:31 to resume trading.

Almost at the same time, Yixing Media’s stock price soared to 44.13 yuan, a +10% increase from the opening price, which also triggered the temporary suspension mechanism. Trading was suspended for one hour until 10:31.

This time there was no selling pressure, because after the Kyushu Blue Arrow resumed trading last time, such a large selling pressure was taken over, and it was still pulled up wildly in the market.

Therefore, the holders of these two tickets did not rush away. Anyway, they have the first-mover advantage, and they cannot let go of the mistakes of the Kyushu Blue Arrows. If they hold it for a while, they may earn several times more.

Everyone was reluctant to raise money, and the selling pressure dropped sharply, so it became the current situation. The opening was easily pulled up in a straight line and hit the temporary stop.

...

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