Chapter 537 Listing on the Main Board
Can foreign forces short selling operations in the Chinese stock market?
This is certainly possible.
The profits obtained in the stock market cannot be transferred through formal channels, but China has a huge shadow banking and underground banking.
Transfers of tens of billions of dollars can be transferred out.
In addition, banks are operating illegally, and some things are very convenient.
China's closed stock market is not completely closed.
It is easy to find a gap.
Of course, if you do this, the cost will be relatively high, and no one will do it without sufficient benefits.
Now we are operating on the stock price of Xingchen Technology, mainly domestic capital.
Not to think too well about domestic capital, the Chinese stock market is a vegetable field, and these people are cutting leeks again and again.
"If the stock price has been falling, it is not a matter!"
After Xingchen Technology announced its artificial intelligence, its market value soared. This is a natural thing! Can’t artificial intelligence be worth hundreds of trillions?
Logically speaking, this has risen so much, but it is nothing to do if it falls a little.
However, the stock price of Xingchen Technology soared.
During the surge, the trading volume is very large.
On the contrary, when the price falls, the trading volume increases rapidly, and many investors buy it at high prices.
Tao Yueqin looked at the number of shareholders of Xingchen Technology, which is now more than 600,000.
The stock price of Xingchen Technology is too expensive, and most shareholders only hold hundreds of shares in the company. Even a hundred shares are worth nearly 90,000 yuan now.
The investors in the Chinese stock market are all investors with relatively small funds and tens of thousands of yuan, which is already good for China.
There are many more stocks, and the stocks they hold are worth only a few thousand or hundreds of stockholders.
Of course, people with less money will not buy Star Technology's stocks.
"The stock market has always been risky, and it is impossible for the stock price to only rise and not fall. It's okay!"
Liu Yi feels that the stock price of Xingchen Technology is not too high now.
Although it seems that the stock price of Xingchen Technology is a bit scary now, looking around the world, there is no company that is higher than Xingchen Technology's stock price.
When Tao Yueqin saw Liu Yi’s decision, she didn’t say anything. Xingchen Technology’s stock price had a great impact on the stock market, but it was nothing to them.
Xingchen Holdings is a sure thing to do.
Xingchen Holdings, which has absolute controlling stake, doesn’t have to worry about the specific share price.
Of course, the stock price of a listed company is still very good at showing the company's development potential.
High stock prices need to be maintained with performance.
Liu Yi murmured: "Maybe, we can just suspend trading!"
It is still easy for a listed company in China to suspend trading; basically, it is possible to stop if you want to stop.
"The China Securities Regulatory Commission talked with me, hoping to transfer Xingchen Technology to the main board market!"
The original intention of the ChiNext was to raise funds for high-tech enterprises.
In particular, it should be noted that it is a start-up high-tech enterprise.
At this point, the GEM also met expectations very well!
For the CSRC, the GEM meets expectations.
Because there is a Star Technology on the GEM. When the market value of Star Technology exceeded 10 trillion, countless people were discussing it.
At the same time, there are also conclusions about whether Xingchen Technology will trade on the GEM again.
It has become a consensus among the CSRC to place Xingchen Technology on the main board market for trading.
Other companies on the GEM have good development potential, but compared with Xingchen Technology, the gap is huge.
A company in Xingchen Technology is in the GEM, which is Long Cun Shoal.
Liu Yi: "Do you want to delist?"
"No, the CSRC will refer to the stock market system in Xiangjiang!"
After the GEM company grows and grows, going to the main board to list is also an option.
The ChiNext is equivalent to the Nasdaq, but there are also big differences between the two.
Nasdaq is in the United States, with outstanding companies from all over the world listed there, supporting the world's financial market.
However, the ChiNext is the domestic stock market, and the targets of listing are also for domestic companies.
This difference naturally comes out.
“When can I transfer the board?”
Xingchen Technology has transferred to the main board to go public, which is also a good thing. At least, there are much more investors on the main board than the ChiNext.
It's not on the same order of magnitude at all.
The main trading of GEM are specialized investors and institutions.
Moreover, companies on the GEM have quite a lot of risks.
Losses, bankruptcy, etc. are much more risky than companies in the main board market.
Of course, there are also many companies that are losing money in the main board market.
Even many state-owned enterprises are making losses.
Operating state-owned enterprises have caused losses, which is really a big problem.
"It is expected that the first day of next month will be delisted from the GEM, and will be listed on the main board market on the fifteenth of next month!"
"Is it a Shen Certificate or a Peng Certificate?"
Tang Qiuer smiled and said, "Of course it was listed on Pengzheng!"
Compared with the crowd of listed companies in state-owned enterprises that apply for certificates, Pengzheng's listed companies are mainly concentrated in private enterprises.
Liu Yi nodded: "Has it been announced?"
"It's been announced!"
Liu Yi nodded, thinking that the group of people in the CSRC would still do practical things.
It is really inappropriate for Xingchen Technology to stay in the GEM. What is the overall market value of the GEM? Xingchen Technology accounts for more than half.
The fluctuations in Xingchen Technology's stock price have a great impact on the ChiNext Index.
In recent times, the Shenzheng and Pengzheng indexes have both been running smoothly, but the ChiNext Index is falling wildly.
It’s because the stock price of Xingchen Technology has fallen.
The entire GEM is based on Xingchen Technology, so this market must be abnormal, right?
The National Day holiday is over, and Tao Yueqin is not here at the company. Liu Yi took over Tao Yueqin's responsibilities and made decisions in the company.
On that day, Liu Yi read more than a dozen investment review reports, all of which were about angel investment.
The investment department of Xingchen Holdings is usually the main task of finding companies worth supporting in China.
Nine out of ten investments failed, but as long as one of them succeeded, Star Holdings can make profits.
When it comes to investing in a business, the most important thing is not to look at the industry that exists in this company.
It depends on how the leader of this company is like!
To put it bluntly, a company often determines the life and death of the company.
Chapter completed!