Xingyu Technology's IPO progressed quite smoothly, and the listing was jointly sponsored by Xincheng's local securities firms and two other leading securities firms.
At present, it has been confirmed that 37 large institutions have subscribed. The IPO's initial fundraising has reached 73.1 billion, of which 50 billion has been eaten up by these 37 institutions.
The remaining more than 23 billion yuan is still being raised, and online new business only accounts for about 10 billion yuan.
In other words, if shareholders want to subscribe for Xingyu Technology, they will only account for about 13.67% of the initial IPO fundraising ratio. The rest will be eaten up by institutions. Public funds and private funds include some Guojia teams such as insurance funds and social security funds. wait.
However, the scale of new online allocations has reached tens of billions, and it is hard to say whether the fundraising can be completed.
During this period, the subsidiaries of Qunxingxing were listed on the market, IPO financing or refinancing, and the market asked for a lot of money. Jiuzhou Blue Arrow was listed through a backdoor merger some time ago, followed by Kunpeng Technology, Yixing Media, Maker Square, These five companies are Ukom and Jiuzhouxing.
However, if Xingyu Technology’s IPO online fundraising is not enough, the three major securities firms will make up for it.
Generally speaking, the problem is not big. Although the current market liquidity is very poor, in the A-share market, the enthusiasm for new ventures is still very high. Coupled with the existence of Star Capital, the strongest backer, it is impossible for Stars to Yu Technology’s IPO failed to raise funds.
…
Tuesday, June 19th.
The A-share market is about to open. Currently, the domestic commercial drone company Kunpeng Technology and the media giant Yixing Media Group are ranked first and second in the popularity rankings of stocks in the two cities.
These two stocks have completed reorganization and will resume trading at the same time today. The names of the original shell companies will also be changed to Kunpeng Technology and Yixing Media respectively today.
It is worth mentioning that Jiuzhou Blue Arrow, which was listed some time ago, has not yet broken through the historical high hit on the first day of resumption of trading, but it has not fallen below the 100 billion market value mark, and is doing platform consolidation at a high level.
Previously, there were voices questioning the seven major themed public funds' grouping to take over the high-level positions. Now these people are all pessimists, and they all make weird claims to see how long it can last. The tickets that are artificially promoted are all bubbles. They are just lofts in the sky. Sooner or later, they will be gone. collapse.
But it just won’t fall down. Isn’t that annoying?
Today, two more subsidiaries of Qunxingxing have gone public and resumed trading. These two shell companies have also turned into phoenixes. The investors lurking inside are very excited now. They opened the market software early before the market opened.
After the resumption of trading in these two stocks, there will also be no price limit on the first day of resumption.
How can we not be excited when we think about the terrifying 15-fold increase that Jiuzhou Blue Arrow achieved on the day it resumed trading?
It seems that sudden wealth is just around the corner.
It is indeed very lucky to ambush in advance. It is no exaggeration to say that it is comparable to winning the lottery jackpot. However, these are only a few lucky ones, because these shell resources have already been obtained by Star Capital on behalf of the shareholders.
It is destined that only a very small number of people can eat meat. These lucky few can be regarded as reaping the dividends of Qunxing Capital's strategy of promoting an independent valuation system.
This kind of profit-sharing behavior is also intentional by Fang Hong. To create wealth effects and myths of wealth in the listed subsidiary of Qunxing, for those lucky people, it is an overnight success, but for Fang Hong or Qunxing Capital, it is just a fraction. If not, it is a strategic necessity.
…
As time went by, the call auction ended at 9:25. Thousands of investors were almost all paying attention to the opening prices of Kunpeng Technology and Yixing Media. The popularity index was explosive.
The opening price of Kunpeng Technology opened +1403.57% higher at 88.26 yuan per share, with a corresponding market value of 57.9 billion yuan, jumping more than 14 times at the opening.
The opening price of Yixing Media opened +1026.96% higher at 40.12 yuan per share, corresponding to a market value of 128.3 billion, jumping more than 10 times at the opening.
The first news pushed by major market software after the call auction is over is the opening status of these two stocks. The current popularity index is constantly pushing up, and Jiuzhou Blue Arrow has become a has-been leader and not as good as a dog.
Today, the focus of individual stocks in the two cities is none other than Kunpeng Technology and Yixing Media. The popularity of the two stocks’ stock forum comment sections remains high.
[The subsidiary of Qunxingxing is listed through a backdoor merger. It is really giving benefits to the holders. Damn, why don’t I enjoy it? ]
[Kunpeng Technology successfully ambushed the 300,000 yuan in the heavy warehouse. It was really cool. I got 4.2 million directly and continued the pattern! ]
[It’s really crazy, I’m so jealous that I can’t even recognize it. ]
[Holy shit, why are you all making money? Earn more than ten times at every turn? How many millions can you make? Livestock? Riding on a horse is too much, pinkeye cannot be cured with grass! ]
[One jumped 14 times, and the other jumped 10 times. They are all crazy! ]
[Why is Yixing Video only open at 10 times? The neighbor next door is doing it at 14 times. I’m not happy. ]
[If you upstairs are determined to give you a slap in the face in front of me, and you are not happy ten times, you are simply not a human being. ]
[Why do I always look at the person who got rich suddenly? I’m so angry! ]
[Don't give Takong a mouthful of soup at all. It's too ugly and disgusting to eat. Give it to me! ]
[I still like Yixing Video. It goes up all the way and everyone has a chance to get on board. ]
[Haha, it’s just like the real thing. How many people have made money with Yixing Video rising all the way? It’s increased thirty or forty times, so aren’t there a lot of people losing money? Can you hold it? ]
[Getting rich depends on your fate. It’s not about whether you can escape, but it’s not about whether you can’t get it. ]
[This weird market is speechless. ]
[Go to hell with value investing, you idiots! ]
[Haha, another value investor’s belief has collapsed. Haha, how can these companies in the galaxy make value investors so embarrassed? ]
[Who said value investing can’t work? The trend held by Ruihe Medicine is so strong, and ATL Technology is a mess that is not trending, and it is also going against the market, not to mention Yixing Video. If you can't make money with price investment, it is because you have not discovered the value. ]
…
What I have to say is that the return on investment of listed companies such as Qunxingxing has indeed made many people who insist on value investing doubt their lives. I don’t even recognize the big blue chips here that have fallen, but the companies over there will give you one day. Rising ten times or even ten times, or rising all the way like Yixing Video.
Envy?
That makes me jealous!
At 9:30, the A-share market opened as scheduled and entered the continuous bidding stage. The two stocks of Kunpeng Technology and Yixing Media opened straight up without any retreat.
Kunpeng Technology's stock price soared to 97.09 yuan. Compared with the opening price, the increase reached +10%, triggering the temporary suspension mechanism. Trading was suspended for one hour and trading resumed at 10:31.
Almost at the same time, Yixing Media's stock price soared to 44.13 yuan, an increase of +10% compared to the opening price, which also triggered the temporary suspension mechanism. Trading was suspended for one hour and trading resumed at 10:31.
There is no selling pressure this time, because after the last resumption of trading, Jiuzhou Blue Arrow took on such a huge selling pressure and even pulled it up in the market.
Therefore, the holders of these two votes did not jump ahead. Anyway, they had the first-mover advantage. They could not ignore the mistakes of those who made the original Jiuzhou Blue Arrow. If they took it for a while, they might be able to earn several times more.
Everyone was reluctant to raise money, and the selling pressure dropped sharply, so this became the current situation. At the opening of the market, it easily pulled up in a straight line and hit the stop.
…
(End of chapter)
