Rebirth of the Wild Age

The Chinese stock market in 2005 was difficult for investors to say, and many stories and true stories were born as a result.

This year there is a saying: "China has a lot of good things, but there are two things that you can't talk about. One is that China's football is ugly, and the other is that China's stock market is as ugly as football."

At the Capital Forum held in Shenzhen this summer, a retired cadre with white temples stood at the door and shouted to the leaders of the three committees (Banking Regulatory Commission, Securities Regulatory Commission, and China Insurance Regulatory Commission): "My life savings will be lost to the stock market. How will I live in the future, or how I will live in the future..." Then, the old cadre was blocked by the security guard. A senior leader watched the old man and stopped talking, and finally turned and walked into the venue.

At the beginning of June, the Shanghai Composite Index was broken down by 1,000 points. This has left countless investors who have gone through the big bear market for several years and thought they are about to bottom out and lose their confidence. They are like walking dead.

The Chinese stock market is not the bearest, only more bears!

The central government couldn't sit still in the face of such a situation. While rectifying market order, it encouraged a large number of social security funds to enter the market. It also instigated countless institutional households to enter the market at a high level, and speeded up the introduction of new policies for the reform of state-owned shares. This series of actions are all to save the market, but the retail investors have been scared. They are too deeply trapped and do not believe that the market can be pulled up.

Take the beginning of the year as an example, the government lowered stamp duty in order to stimulate the stock market. Sure enough, the Shanghai Composite Index increased by nearly 100 points in a month, but many investment institutions took the opportunity to sell off their sets, followed by a four-month plunge.

Now that the government is stimulating the stock market again, and the Shanghai and Shenzhen indexes have risen again, the first reaction of stockholders is to quickly get rid of them, otherwise they will be cut by the market makers.

Deep city, big family room.

Although with the popularization of computers and the Internet, more and more people like to sit in front of computers and speculate in stocks, but the exchanges are still very lively, and the large households are still the existence of small retail investors.

Liu Peng, who once lent his big family room to Song Weiyang and witnessed Song’s boss sell off "Qiong Minyuan" with his own eyes, was still jumping in the stock market at this time. Most of his stocks were locked up, but fortunately, he bought 80,000 shares of Hongdu Airlines. The airline ordered 40 planes in March and bought 27 planes in August. It is in a rapid expansion stage. Therefore, the stock price has reached several consecutive daily limits at the end of August.

"Boss Liu, do you really want to throw it?" the trader asked.

There was smoke in the big room, Liu Peng pinched the cigarette and took a fierce sip, then squeezed it out fiercely, gritted his teeth and said: "It's all sold out!"

Although "Hongdu Airlines" continues to rise, Liu Peng is a senior Chinese stockholder. He was already trading stocks on the side of the road in Rongcheng when there was no formal stock exchange in China. "Hongdu Airlines" has grown against the trend for more than three months. If you don't throw away the stocks in your hands, you will have to eat a few consecutive lower limits 100%. Because this stock has risen too mysteriously, the dealer estimates that they are sharpening their swords to the pigs and sheep.

After selling Hongdu Airlines, Liu Peng carefully checked his other stocks. The more he looks at it, the worse his complexion becomes, because the computer screen is green, and several of them are locked in high positions.

Take “BOE” as an example. In 2003, it spent US$3.5 billion to acquire the panel business of Hyundai Electronics. In the same year, it spent 106.4 billion Hong Kong dollars to acquire 2677 shares of TPV Technology. In the same year, it also spent US$1.2 billion to build its own fifth-generation tft-ld production line. Within a year, nearly 2 billion U.S. dollars was spilt out. At that time, the stock price soared and then plummeted, because stockholders worried that "BOE" would spend too much money, for fear that the unfavorable expansion would cause the capital chain to break.

But in 2004, "BOE" gave a perfect financial report, and invested 1.2 billion US dollars to establish a production line, which will be officially put into operation in 2005. A series of good news caused the stock price of BOE to surge against the market. Liu Peng entered the pit at a high level at that time.

Who knows, the global panel market, which has been prospering for several years, has suddenly fallen into a quagmire this year, and BOE’s financial reports have become ugly every time.

Liu Peng was not willing to cut meat at the time. He predicted that after BOE's production line was put into operation, the stock price would surely rise again. But Teme has fallen even more sharply. BOE has already bottomed out its funds. It is being madly collected by many banks for nearly 2 billion US dollars for expansion in 2003. Most of them are borrowed from banks, and only in Korean banks. A loan of US$2.1 billion was granted.

Looking at the clumsy big-headed display screen, Liu Peng smoked stuffy cigarettes one by one, before suffocating a sentence: "Xiao Chen, LCD screens are all popular now, why do you still use glass screens in large households? ?"

Trader Xiao Chen was stunned, and smiled bitterly: "How do I know this?"

Liu Peng complained: "The exchanges are reluctant to change LCD screens. How can you make LCD manufacturers make money? If LCD screens cannot be sold, BOE has no customers for its panels!"

Trader Xiao Chen didn't say anything again. He knew that boss Liu had been trapped by "BOE" and wanted to jump off the building.

"Huh, what's the situation?" Liu Peng suddenly surprised.

Trader Xiao Chen hurried to see it, and saw that "BOE" suddenly became popular. He immediately judged: "Someone is eating a lot, Mr. Liu, this is a good opportunity to cut meat!"

It's a great opportunity to cut meat, because no one wants to cut meat before.

"Wait, I'll look at it again." Liu Peng felt very strange.

"BOE" has reported monthly losses this year, the company's debt ratio is desperately high, and the panel industry is plunged into a global winter, which is completely a puddle of mud that cannot be helped. How could someone use "BOE" to sit on the bank?

Is there any unknown inside information?

But even with good news, at best, "BOE" is included in the share reform list. The share reform is not a panacea. The state-owned legal person shares of "BOE" are less than 30, and all of them are transformed into private companies. There is too much funding hole in the past few years!

More and more retail investors are paying attention to the situation of BOE. The batch that was bought at a low price in the first half of last year quickly seized the opportunity to cut the meat and leave the market, for fear that no one would buy their meat when the action was slow.

Liu Peng ate lunch in a large family room. He watched BOE's stock price soar, and in the afternoon it reached its limit directly!

What the hell?

Although the stock price has reached its limit, the trading volume is still rising, and the person who has eaten a lot of them behind has not been willing to stop until now.

Liu Peng suddenly laughed, and he concluded: "This is not someone who is setting up a bureau, this is someone who wants to join BOE's board of directors! Guan Gong is on the top, the stock **** bless me, I can finally get out of it. By the way, take a look at B shares. What's the situation...Mom sold the batch, and the B shares were also pulled to the daily limit, who is so big?"

Capital.

BOE founder Wang Dongsheng is meeting with the leaders to discuss the BOE share reform.

In order to stimulate the stock market, since last year, a large number of listed companies have implemented share reforms in batches. These companies all contain state-owned legal person shares. There are many problems, rigidity is difficult, and the entire stock market is dragged down. The problems left over from history must be dealt with as soon as possible.

Suddenly, the phone rang.

Wang Dongsheng put his hands into his trouser pockets calmly, quickly pressed the hang-up button, and then continued the conversation with the leader with a smile.

As soon as I hung up the phone, the phone rang again.

Wang Dongsheng planned to shut down directly this time, but the leader said: "You should answer the phone first. Don't miss any important things."

Wang Dongsheng immediately got up with a smile, walked quickly out of the leadership office, answered the phone in the aisle and asked, "What's wrong?"

"Mr. Wang, something has happened," an urgent voice came from the phone, "our stocks, A and B shares all have daily limit!"

Wang Dongsheng thought he had misheard: "The daily limit? Are you sure it's not the daily limit?"

The subordinate said: "It's really a daily limit, and the trading volume is still increasing after the daily limit. But now the increase in trading volume has slowed down, and many retail investors want to wait and see tomorrow's market, but they are unwilling to sell."

Even with the daily limit of "BOE", the stock price is still pitifully low, and most of what it sells now is cut meat.

"I see."

Wang Dongsheng hung up the phone, quickly returned to the office, and said to the leader: "BOE's A and B shares have reached their daily limit, I am afraid someone wants a hostile takeover!"

The leader also understands financial knowledge: "If it is a hostile takeover, this is too obvious and too eager. How can you just buy the stock to the daily limit within a day without doing any fake actions?"

Wang Dongsheng said: "It can only explain one problem. The other party already has too much money to use strategy."

Suddenly, the phone rang again.

The leader instructed: "Just pick it up here."

Wang Dongsheng took out his mobile phone, glanced at the screen, raised his head and said to the leader: "It's an unfamiliar number."

The leader immediately sat upright, and the whole person became tense. He was ordered to discuss the "BOE" share reform plan, which is not only a commercial issue, but also a major political task. BOE's acquisition of Hyundai's electronic panel business three years ago was the largest state-owned shareholding company's acquisition of an overseas company approved in China's history. Then it spent more than $1 billion to build a new fifth-generation panel production line, which is regarded as one of the important layouts for the development of China's technology industry.

What's more, BOE still owes huge amounts of funds to the government and banks. If you don't pay attention, you will be in trouble. I don't know how many people are staring at it.

BOE’s outstanding shares exceed 40. Once there is a hostile takeover by foreign powers, and it becomes the largest shareholder, it is acceptable to manage and develop well. Once chaos comes, it will drive countless people crazy.

Wang Dongsheng exhaled a suffocating breath, stabilizing his emotions and said: "Hello, hello!"

A voice came from the phone: "Mr. Wang, hello, this is Song Weiyang."

"Boss Song?" Wang Dongsheng had a faint guess in his heart.

Song Weiyang smiled and said, "Sorry, Mr. Wang, I didn't greet you beforehand."

Wang Dongsheng asked, "Boss Song made the shot today?"

Song Weiyang said: "Well, it's me. The stocks have been bought a little too much, and the placard will be raised tomorrow."

"Song Weiyang?" the leader asked quickly.

"It's him." Wang Dongsheng replied, clutching his mobile phone.

The leader finally breathed a sigh of relief, with a smile on his face, as long as it is not a foreign power. Moreover, Song Weiyang's reputation has always been good, except for the Lenovo stock in his early years, he has not played financial tricks since then, and he has been operating or investing honestly. With Song Weiyang's strong financial resources, if he takes a fancy to BOE, it will definitely be a great thing for BOE in trouble.

Wang Dongsheng asked, "Boss Song, what's your plan?"

Song Weiyang said: "I have taken a fancy to BOE's patents. Shenzhou Technology is in a multi-billion research and development plan that involves some of BOE's panel technology, so I just bought BOE."

"Buy it?" Wang Dongsheng didn't understand.

"Well, at least you have to hold more than 20 shares," Song Weiyang said. "The holding institutions in Hong Kong, and many of their circulating b shares have been bought by me at a premium."

Wang Dongsheng almost vomited blood after hearing this. If Song Weiyang had 20 shares, he would become the second largest shareholder besides state-owned legal person shares.

Seeing Wang Dongsheng not speaking, Song Weiyang comforted: "Don't worry, now I hold just over 15, and I am still far from 20."

Wang Dongsheng: "..."

Before the implementation of the BOE share reform plan, 15's shareholding was also the second largest shareholder!

Wang Dongsheng asked: "Mr. Song is going to get involved in the management and operation of BOE?"

Song Weiyang said: "Of course not. I will be named on the board of directors at most. But I also have to make a request. I hope that BOE will continue to research and develop on the basis of existing patents and cooperate with China's smart phone plan."

"I...Mr. Song, you are really a big man." Wang Dongsheng wanted to say that Song Weiyang couldn't digest the money. In order to develop a smart phone, he actually spent a lot of time acquiring shares in BOE.

Even if you don't buy BOE, will I not sell you mobile phone panels in the future?

Wang Dongsheng himself could not foresee that BOE, now in desperate situation, will become China's patent owner after Huawei and ZTE in ten years. BOE has the seventh largest number of patents in the world.

These patents alone are worthy of Song Weiyang's bottom-end acquisition and no acquisition, BOE's stock price is about to bottom out.

The next day, Song Weiyang directly used his own name to raise a placard, and at the same time published news in many domestic newspapers.

China Science and Technology has no extra funds to play acquisitions, unless it runs to find a bank loan, and Jinniu Capital's money will be reserved for ICBC stock subscription next year. So Song Weiyang bought BOE with his own money this time. The funds came from the sale of Google stock. Google's stock price has exceeded US$300. According to the agreement, he sold some more.

The card is only raised once, and every year in the stock market someone raises the card.

But this time Song Weiyang used his real name to raise the placard, but it directly detonated the Chinese stock market. Not only did investment institutions use Song Weiyang for hype, but even the official government is adding to the flames~www.wuxiamtl.com~ With the blessing of Song Weiyang, the Chinese stock market is nearly half a year earlier than in history, ending the years-long bear market.

Just tell the stock investors that Song Weiyang, the richest man, has entered the market!

No matter how high-profile other tycoons enter the market, they may be regarded as Zhuangjia Leek. But Song Weiyang has never pitted stockholders, and it is said that he has never missed his hand, and even has a record of "crashing" Soros head-on. His elders come to blend in, doesn't it mean that the Chinese stock market is about to pick up?

Including many retail investors, discerning people can see that this is only a normal acquisition, but they do not reveal it, and even add fuel to it. As a result, the stock market became more and more evil, and a large number of stockholders heard the news, and rushed to buy "BOE". If they were unable to buy BOE, they went to buy other stocks.

This operation made Song Weiyang unable to receive the "BOE" stock, because the daily daily limit, only buy orders, no sell orders.

Song Weiyang was very speechless, he even had an urge to cut leek. You just need to sell like crazy to make a fortune, hit the stock price and buy it back. Repeatedly tossing can make retail investors want to die.

Just think about it, forget it, this method is too cheap, and your reputation will be ruined once you play it.