Chapter 2177

10:55 a.m.

The shares of Song's Group were suddenly suspended. Fastest updates

A suspension of trading in a stock is a suspension of trading.

From this moment on, the shares of the Song Group were sealed and would not rise or fall until trading resumed.

To apply to the SFC for suspension of trading, there must be sufficient and sufficient reasons, and the reason for the suspension of trading of Song's Group is that the group has major events to be announced soon.

Generally speaking, listed groups suspend trading in their shares before important announcements to prevent insider trading and opportunistic tricks by well-informed individuals.

For example, before, there was a very famous company on the Internet called Qihoo 360.

When they seek to be listed in China, they will complete the domestic A-share listing through backdoor methods.

This is also known as a backdoor listing.

To put it in layman's terms, some of their conditions do not meet the listing requirements of the China Securities Regulatory Commission, or they are through normal listing channels, and they can't wait for too long, so they achieve the goal of backdoor listing by purchasing another listed company.

360 is also a relatively well-known Internet company in China, the reason why they choose backdoor listing, mainly to save time, if they go public independently, then at least need to pay an extra year or two of time costs, then it is likely to miss the market opportunity.

At the beginning, when 360 decided to go public through a backdoor listing, all shareholders were speculating about one thing, that is, which listed company 360 would borrow to be listed on the shell.

If you can know the target company of her backdoor in advance, then if you buy the company's shares in advance, you will be able to make a lot of money after the success of the 360 backdoor transaction.

However, this kind of thing is generally top-secret information within the company, which is only possible for the absolute top management to know, and they will never disclose it to the outside world.

Therefore, when Jiangnan Jiajie suddenly announced that the company had major affairs that needed to be suspended, people knew that 360 was going to be listed through his shell.

But at this time, I knew that it was too late, Jiangnan Jiajie's shares had been suspended and could not be traded, and there was no chance to buy the bottom.

The situation of the Song Group is the same.

The company is about to transition from a leaderless state to a new chairman to take over, which is definitely good news for the company, so it must be suspended before it is announced.

At 10:55, the Song Group released the hall.

The media reporters who were invited to the scene were already waiting for the scene.

Shareholders across the country are also paying attention to this press conference.

Because since Song Wanting's accident to the present, the share price of Song Group has been performing poorly.

The market is worried that the Song Group will be leaderless and in chaos, which will lead to the continuous decline of the Song Group's stock.

Now, the Song Group is suddenly going to hold a press conference with great fanfare, and everyone feels that they must be preparing to announce the new chairman.

It was at this time that Ye Chen came to the door of the release hall alone.

After Song Rongrong knew that he was coming, he came to the gate in advance to wait, although he was ten thousand dissatisfied with Ye Chen, but in Jinling, he really didn't dare to provoke Ye Chen.