Chapter 192: Frustration

The first day of stock listing is not restricted by the limit limit regulations, which is also a breeding ground for many stock market myths. Many people became rich overnight. They subscribed for a large number of original stocks, and when the stock was listed, doubling was just an ordinary performance. In the first few years when the stock market was just rising, it was normal for stocks to double several times. The issue price of a stock worth more than ten yuan was hotly speculated to one or two hundred yuan. Until later the stock market gradually standardized, with limit limit limits, and investors gradually became rational. The phenomenon of stocks falling below the issue price at the opening of the stock market occasionally occurred, but they were all stocks not favored by people. It was strange that high-performance stocks like Love Industry broke the price and fell down at the beginning of listing.

Li Bin frowned and sat down on a chair:

“What is the price now?”

"Nine and sixty-two."

Li Bin's brows frowned even more. This price has fallen below the issue price a lot. If it falls further, small and medium-sized stock investors will lose confidence in this stock. If it causes panic selling, it may keep hitting the stock price to the bottom.

Li Bin thought for a while and asked:

"Secretary General Hu, what are the reasons?"

Hu Shenghua was silent for a long time before speaking:

"These active funds are scattered in thousands of accounts, and there is nothing wrong with them on the surface. I just checked the data and found that these accounts operate very harmoniously, with buying and buying. If you assume that these thousands of accounts are directed by the same person, his purpose will be very obvious, which is to speculate the stock price unlimitedly so that you can't get cash in the stock market."

Li Bin raised his head and looked at the noisy crowd over there. He could vaguely see Bao Wanxing who was accompanying Hua Guoliang. Li Bin narrowed his eyes. This matter should be inseparable from him.

Li Bin grinned:

"Thank you Secretary-General Hu."

Hu Shenghua asked hurriedly:

"Shi Jun, you'd better discuss with me to introduce the two people in the past to see how to solve this problem. Your company can now invest part of the funds to hedge against him, but if the repurchase exceeds 5%, it must be made public. There are pros and cons in this situation, and you must be cautious."

"I know Secretary-General Hu, this is the case first."

After hanging up the phone, Li Bin slowly walked towards the crowd.

At this time, Hua Guoliang had already cut the cake, so naturally there was a waiter to help him put the cake on the plate and distribute it to everyone.

Li Bin squeezed to Hua Guoliang's side and pulled him, and said softly:

"Brother Hua, I'm really embarrassed. There are some urgent matters in my company that need me to deal with. I will come to the door to apologize another day."

Hua Guoliang was holding a plate of cake and wanted to hand it to Li Bin, but his face changed as he heard this:

"Brother, what happened?"

Li Bin smiled and said:

"It's nothing big, but I'm sorry to have to deal with it myself."

Hua Guoliang handed the cake in his hand to Ye Xinxiang, pulled Li Bin and asked nervously:

"Don't lie to me, what happened? If it was a trivial matter, you wouldn't leave in a hurry."

Li Bin patted Hua Guoliang on the shoulder and said with a smile:

"Brother Hua, it's really not a big deal. You don't have to worry, let's contact us by phone."

After saying that, Li Bin nodded at Hua Guoliang and walked out. When he walked past Bao Wanxing, Li Bin smiled and patted his shoulder:

"Okay, it's a great job."

Bao Wanxing was stunned for a moment, then raised his chin high towards Li Bin:

"What? Do you want to bite me?"

"Hehe, I'm so bold." Li Bin smiled and left with his hands behind his back.

In the guest room of Nanhai Hotel, Li Bin sat next to the computer and looked nervously at the morning stock trend trend time-sharing k chart displayed on the webpage. Although he didn't understand the comparison between trading volume and stock price, he still understood the straight and downward trend line.

It is less than ten minutes since the opening at 1:00 pm. Li Bin's phone number has not been idle. In the picture of Situ Zhengang and other shareholders and company executives are busy in a nervous manner. The two experts are also reporting the latest progress to Li Bin from time to time. The current situation is to compete for minute by minute. Every extra minute is to win, there is a little more hope.

Love's stocks are small-cap stocks among mid-cap stocks, with a total share capital of 50 million shares and a 50 million shares of circulating shares. Only 30% of the listing and circulation are available. Even if they are all maliciously acquired, it will not affect the change of the company's equity. This is Li Bin's cautiousness. He will never put himself in a completely passive state.

In the current form, although Li Bin's purpose of using the stock market to embezzle a portion of liquid capital cannot be said to be a complete failure, the actual situation is far from the expected effect. The original plan was to embezzle 25 to 3 billion yuan from the stock market, but it has shrunk by half now. If the stock price cannot stabilize in the three hours of the afternoon market opening, it will inevitably have an impact on the future stock price trend and will not show ideal performance in the short term.

The only way now is to hedge against this stock. According to Love's circulating market, the funds required for hedging are only a few hundred million yuan, but the difficulty is that after 5% of the listed company repurchases its shares, it must be announced. If the news that the company repurchases its stocks on the first day of listing is revealed, the impact on Love is huge. Moreover, if it is trapped, the part of the funds invested in the stock market will be trapped, which will make it even worse for Love, which has not been loose.

"Zhengang, how many new accounts have you opened?"

“More than seventy.”

"Start up and never let the company's employees open an account, otherwise the employees will bear legal responsibility."

"I know."

"Manager Wang, you must control the hedging ratio and must not exceed 5%. "Wang Weichao is the manager of the former major client department of a securities company introduced by Hu Shenghua, and a trading expert.

"Please rest assured, Mr. Shi, there is no mistake."

"Okay, it's open, start."

As soon as the market opened at one o'clock, the stock price of Love Industrial paused for a moment at 9.62 yuan and continued to slowly decline. The funds manipulated by Wang Lichao quickly entered and bought in a rhythmic manner, temporarily stabilizing the stock price at 9.31 yuan. The brief stalemate attracted some retail investors to follow suit and pulled the stock price to 9.42 yuan.

Obviously, the other party is also a trader, and the other party's financial strength seems to be very strong. He immediately sold a heavy seller, 9.28 yuan, and then threw out one after another, 9.01 yuan, 8.9 yuan, and 8.45 yuan. This alone scared those retail investors back.

Li Bin narrowed his eyes. It seemed that Hu Shenghua was right. The other party wanted to minimize the stock price, and even fought a protracted war with him in the future, suppressing his stocks.

If the opponent is really Bao Group as I judged, the 50 million shares of Love Industry's circulating shares will only occupy more than one billion yuan of funds for them, and they will not take it seriously.

Li Bin hurriedly said to the phone:

"Stop, don't hedge, look at the situation."

Seeing Situ Zhengang and others under the small screen, they were obviously stunned for a moment, and then Situ Zhengang stood up and walked outside the room.

Li Bin hung up the phone in his hand with a serious expression.

Sure enough, Situ Zhengang's phone immediately responded:

"Shi Jun, what's going on? Why don't hedge it? As long as we mobilize retail investors, we can at least pull the stock price to our issue price."

Li Bin took a deep breath and said to the phone:

"The opponent should be the Bao Group."

Li Bin heard Situ Zhengang take a breath of air conditioning on the phone, and it took a long time to hear Situ Zhengang ask:

"Are you sure?"

Li Bin smiled bitterly:

"I met Bao Quan and Bao Wanxing in the morning."

This time Situ Zhengang had nothing to say.

Li Bin asked:

"How much did we hedge this time?"

Situ Zhen just thought about it and said:

"It's about six or seven million."

Li Bin pondered for a moment and said:

"Please keep it in, don't buy it again."

Situ Zhengang grinned and hesitated:

"That's a loss of about one million. It's only been more than ten minutes. Let's wait a little longer. If you have the chance, you'll hedge them, and maybe you'll recover some losses."

Li Bin smiled bitterly:

"Zhenggang, I asked you to come back and teach Han Xiaowei how to have a big picture, not to come back and learn how to be a financial miser. If my estimate is correct, they will continue to throw out bait to lure our funds to follow up, wanting to tie our limited working capital into the stock market, and then it will be even more heartbreaking to cut our losses. Let's take a look, don't act rashly. If they dare to speculate on our net assets, you can accept all the orders and charge as much as you can."

From the small screen, Situ Zhengang ran into the room quickly and pointed at the others.

Li Bin leaned on the chair tiredly and hung up the phone.

In the face of strong strength, Li Bin felt that he was so small for the first time.

Stock prices are fluctuating continuously, but the general trend has been going downward. It is estimated that many retail investors have been deeply trapped in it.

Li Bin knew that he might have been scolded by those small and medium-sized stock investors.

At 2:30, the stock price fell below 6 yuan, close to the net asset of Love Industrial 5.12 yuan. There is still half an hour to stop the market, and no miracle will happen again. Even if Bao Group gives up on its continued suppression, it will take a long time to climb to the issue price every day, but is that possible?

"Zhang Rui, bring me a bottle of beer." Li Bin suddenly felt that he wanted to drink.

Zhang Rui, who had been standing behind him silently, turned around and pulled open the refrigerator, opened two bottles of beer and put them in front of Li Bin.
Chapter completed!