Chapter 43: The Exchange Breaks the Unspoken Rules for It
January 24, 2023 is the third day of the first lunar month, and Yuansheng has just finished breakfast, Zhang Sheng seems to have camera surveillance, and the call came in on time........
Zhang Sheng went straight to the point: "I heard that in order to win GigaDevice, an exchange broke the unspoken rules of the original two exchanges: that is, less than 60 million shares in circulation are listed on the southern exchange, and more than 60 million new shares in circulation are listed in the northern exchange, is there such a thing?" ”
"That's true. In 2015, the Shenzhen Stock Exchange had a gem board and the main board of small-cap stocks were easy to pull, so in the first half of 2015, most of the stocks that rose the most fiercely were in the Shenzhen Stock Exchange, and the trading volume of the Shenzhen Stock Exchange at that time far exceeded that of the Shanghai Stock Exchange. ”
"There is another reason: Originally, the Shanghai Stock Exchange mainly served the listing of large state-owned enterprises, but as time went by, the large state-owned enterprises that could be listed were basically almost listed, and the remaining number became smaller and smaller........ In order to develop its business, the Shanghai Stock Exchange must break the unwritten rule that has only been formed in recent years: new shares of less than 60 million shares are listed on the Shenzhen Stock Exchange......"
"GigaDevice was only 25 million shares to be listed at that time, and its quality was very good, and it was a leading enterprise in its subdivided industry, so the Shanghai Stock Exchange took a fancy to it at a glance and chose it as the first new stock to break the unspoken rules." Yuansheng said.
GigaDevice agreed to the request of the Shanghai Stock Exchange: it was decided to list on the Shanghai Stock Exchange. It is estimated that GigaDevice also made a request, so it was opened on September 13, 2016, the turnover rate was 63.8% on the same day, and it continued to rise on the second day, and on the evening of the same day (September 14, 2016), GigaDevice announced the suspension of trading, and the purpose of the suspension was to acquire another company.......... A new stock has just been listed (especially on the second day of opening the price limit) and the acquisition is suspended, such a fast speed, there is no such precedent before, GigaDevice is the first! Yuansheng said.
Yuansheng continued: "If you don't know the factors behind these things, there will be some panic in the face of suspension; If you are clear about these factors, you will be happy: after the review, there is a high probability that it will rise. ”
On March 13, 2017, the market was reopened, and on March 14 and 15, it was 2 consecutive opening price limits. After 3 consecutive daily limits, it opened 1.26% higher on March 16, 2017, with the largest intraday increase of 7%........... It means that because they don't know, the shareholders who have been suspended and locked for a few months can easily take 3 price limits.
Yuansheng said: "This is the first time that a full position has been suspended!" was forced to transfer reserve funds from the bank and continue to speculate in stocks. ”............
Zhang Sheng laughed: "This kind of suspension is too charming, you should come a few more times!" ”
GigaDevice was favored by the Shanghai Stock Exchange and selected as a demonstration enterprise to break the unspoken rules, and it did live up to the expectations of all parties: after the shuffle pullback to 129.09 yuan in 2017, it opened its bull stock road, and on February 25, 2020, it reached 1201.02 yuan (compound price), an increase of 831% (equal to an increase of 8 times).
It is often said that "Kung Fu is outside the poem!" "GigaDevice can become a big bull stock, which is the result of the joint efforts of all parties, and it is impossible for 95% of ordinary shareholders to know so much behind it......... Yuansheng is widely involved in news, military, politics, rumors, and interviews with financial figures.......... I knew this before GigaDevice went public, so Yuansheng gave it to my friends as a "gift" on the first day that GigaDevice opened the price limit....... It's a pity that all my friends thought it was too expensive (because it was 183.79 yuan to open the price limit, the lowest price of the day was 168.33 yuan, and the closing price was 171.34 yuan), and they didn't have the courage to buy it.
Yuansheng is a kind and sympathetic person, so when the opportunity comes, he will always "give gifts" directly to his friends------- God will always reward people who are sympathetic and willing to pay, so Yuansheng ushered in the 3.6 price limit after the resumption of trading.......... (To be continued) (Strive for another chapter in the evening)
PS: 17K novel network has a "sign-in" system, sign in every day, after a long time, the website will send you some tickets (which can be used for voting), and will also give you a certain amount of time to read the novel for free (after there are VIP chapters in the future, you can read for a certain amount of time for free).