Fang Hong decided to make two copies of Qunxing Capital's financial report. Although Xincheng Local Taxation would collect a large amount of tax as a result, the tax base paid by Qunxing Capital was too large.
Even if it is 30-70, the other 70% will go to the national tax, and the remaining 30% will be split 40-60 between the Xincheng local tax and the national tax. The amount given to Xincheng is still huge, and Star Capital is still the largest taxpayer in Xincheng.
Moreover, even if the leaders of Xincheng knew the situation in the future, they would never be dissatisfied with Fang Hong.
On the contrary, you have to be grateful to him.
In the future, the superiors will definitely bring up the matter of refund and subsidy to show that it does not take advantage of the local area. At that time, doing so was also a decision with an eye on the overall situation. The current leaders of Xincheng will definitely reject it: Xincheng's economic development is very good. , the money bag is very bulging, there is no financial pressure, and no refund is needed.
With such a big-picture view, it’s hard not to make progress!
…
At the same time, the A-share market's adjustment in the past two days has ended, and there will be a counter-insurance market on Friday, March 4.
And just today, Friday, ATL Technology, the third company of Qunxingxing, officially listed on the GEM. In the morning, the call auction opened at an opening price of 13.80 yuan +20% higher. After the opening, the market stopped for half an hour. Trading resumed at 10 o'clock and the second board was suspended again. The stock price rushed to 16.56 yuan, an increase of +44.00%, and the market value increased to 6.479 billion yuan.
Today's trading volume was only 6.36 million yuan, and all the investors who won the lottery were holding on.
ATL Technology currently has a total market value of more than 6.4 billion based on the temporary suspension stock price. Calculated based on the issue price, the circulating market is only about 400 million. Even based on the current price of 16.56 yuan, the circulating market is just over 600 million. Compared with Previously, when Ruihe Pharmaceutical was listed on the GEM, the circulating plate was less than half of the circulating plate.
Small circulation means that it is easy to raise prices and the amount of funds required will not be large.
Today's Shanghai Composite Index also closed up +1.35%, with the index closing at 2942.31 points.
Weibo, which fell by -4.63% yesterday, once again resonated with the index and closed up by +5.30%. The stock price closed at 197.80 yuan. The trading volume for the whole day was 8.671 billion, firmly ranking first in the trading volume of individual stocks in the two cities.
…
After the weekend, it’s Monday, March 7th.
Today, the three major A-share indexes in both cities rose across the board. The Shanghai Composite Index jumped short and opened high at the opening, setting a new high in the first year. It started to go up all the way, and the market showed a general rise. The index once touched the 3,000-point mark during the session. It finally closed at 2966.21 points, an increase of +1.83%.
Weibo also experienced a surge in volume today. The daily trading volume once again exceeded 10 billion and reached 10.1 billion. The stock price reached a maximum price of 213.21 yuan during the session, an increase of +7.79%, and finally closed at a price of 209.76 yuan. It closed higher after the market. +6.05%, the market value increased to 110.9 billion yuan, surpassing Zijin Mining in the same period, ranking 35th among listed companies in the A-share market in market value.
As a constituent stock of the CSI 300 Index and the Shenzhen Stock Exchange 100 Index, Weibo has a scale of hundreds of billions, and is well-weighted.
Compared with Weibo's current stock price, which is one step away from breaking through the all-time high, Ruihe Pharmaceutical, the second listed company of Qunxing, is currently much weaker. During the big market period, it was also very prosperous. It jumped directly away from the GEM Index. The stock price hit the current record high price of 78.69 yuan. It also achieved a cumulative increase of +188.45% since its listing. The market value reached a height of 41.8 billion yuan.
Now there is an M-shaped double head. After rebounding from 57.69 yuan in December last year to 78.24 yuan on January 13 this year, the market turned sharply and fell unilaterally, falling from 78.24 yuan in just 12 trading days. The yuan reached 50.53 yuan, a drop of more than 35 percentage points. It also fell below the 57.69 yuan in December last year and hit a new low.
However, after returning from the Spring Festival, Ruihe Pharmaceutical also rebounded with the market, closing up +2.14% today, the stock price also rebounded to 61.07 yuan, and the market value remained at around 32.4 billion.
The price of 50.53 yuan seems to be the latest historical low of Ruihe Pharmaceutical. It will be impossible to break this price in the future, because the price of 50 yuan is the iron bottom price for the stock's market value management.
It's just that retail investors don't know it.
ATL Technology, which was listed on the market last Friday, hit the daily limit today. The stock price rushed to 18.22 yuan, and the market value rose to 7.1 billion. The trading volume for the whole day was only 1.59 million yuan, and no investors who won the lottery sold.
In the next four trading days this week, ATL Technology once again went out of the three-digit daily limit. The stock price on Thursday reached a new high of 24.24 yuan, and the volume capacity was slightly released, reaching 3.18 million yuan. Partially. Investors felt that it was almost done, so they cashed out today, held the winning lottery and cashed out now, and gained an increase of +110%, which doubled.
…
On Friday, ATL Technology's bidding opened higher by +8.75%, and there was no daily limit today.
After the market opened, the stock price plummeted rapidly. As soon as the investors who won the lottery couldn't see the word board, their chips were loose. The plunge triggered a profit-taking rush. In just three minutes, ATL Technology's stock price dropped to 100%. At the price of 24.54 yuan, it seems that it is going to go green.
But it stopped falling at this price.
In the afternoon, Brother Wan Shou came and refueled directly in the air.
At around 14:35, ATL Technology's stock price rose to 26.66 yuan, an increase of +9.98%, directly sealing the daily limit. The stock price hit a record high, and the total market value officially exceeded 10 billion, reaching 10.4 billion yuan.
However, even with a market capitalization of tens of billions, ATL Technology's circulation is still less than 1 billion. The turnover of the stock after closing today was 627 million yuan, and the turnover rate reached an astonishing 71.53%. From this turnover rate, Look, the retail investors who won the lottery have basically cashed in their profits today.
On Monday, March 14, ATL Technology opened slightly lower that day and then quickly rose again. Within 20 minutes of the opening, the stock price rushed to 29.33 yuan. After exiting the sixth board market, the market value soared to 11.4 billion. Yuan.
However, at about 2:30 in the afternoon, the sixth board of ATL Technology exploded and failed to be closed. It finally closed up +4.65%, with the stock price closing at 27.90 yuan, and the whole-day turnover shrank to 362 million yuan.
The high of 29.33 yuan achieved by ATL Technology today is basically a periodic top within the next month, and will be followed by an adjustment period.
The stock's periodic iron bottom for market makers in the near future is the price of 20 yuan. In other words, as long as the stock price of ATL Technology adjusts to the price of 20 yuan, there will be major institutions to support the market.
Going forward, the focus of low iron prices will continue to rise.
Fang Hong doesn't care how the A-share listed companies in the Galaxy fluctuate. He doesn't care about the cooperation institutions such as Zhongtai Capital. They don't care how they cut it. How much money they can make in it depends on them.
But there is one thing, that is, the trend will always rise, and the tops are all phases. The market outlook will definitely break through, and the top breakthrough time cannot exceed 10 months.
What Fang Hong wants is A-share listed companies in Qunxingxing, and he wants to get rid of using the U.S. stock market as a reference for valuation and pricing.
What is important is for all investors who use U.S. dollar interest rates as an anchor to value and price Galaxy to see that their strategy for Galaxy’s core assets based on this logic will be ineffective.
Overrated? Sold off? Waiting to kill the valuation and buy the bottom?
Sorry, you can't get the so-called value depression you want. Either you can't live with the money and watch it continue to rise. If you don't believe in evil, just wait, and then wait for three years and three years, or you can't. Believe that the current valuation level is reasonable, abandon the logic of benchmarking US stocks as a reference, and then place your bet.
…
(End of chapter)
