The investment era of rebirth

Chapter 129 Dancing With Lies
"This stock was listed in 03. It has gone through the 2G era and the 3G era. Although it has declined now, its technology accumulation in the communication industry is still profound." Seeing Su Yu's move, Xu Zhongji hurriedly continued, "Of course... …The focus is not on the current fundamentals of the stock, but on the potential backdoor counterparty to him.”

"As far as I know, Xinwei Communications is launching a listing plan..."

"Although there are no rumors about it yet, I estimate that if they want to list on the A-share market, there are not many backdoor targets to choose from. Among them, Huachuang Xintest has the best chance."

"After all, Huachuang Xintest's own business has a certain degree of complementarity with Xinwei Group."

"Furthermore, both companies are located in Yanjing."

"Also, Huachuang Xintest, as far as I know, the actual controller of the company also plans to sell the shell and clear the shares."

"According to Mr. Xu's logical deduction, it is also an opportunity." Su Yu pondered for a moment and said, "But you should bet on more than just this shell stock?"

Since the layout direction of Ming Fai Capital is the concept of restructuring.

Then, with the size of Minghui Capital's private equity fund, it will definitely not only bet on this stock.

"Naturally, there are seven or eight shell stocks with the same concept." Xu Zhongji said, "But at present, I think the one with the most chance is Huachuang Xintest, but if Mr. Su is interested, other shell stock logic, We can also share and study together in the next time."

"So... this is the one with the highest weight in your fund's holdings?" Su Yu continued to ask.

Xu Zhongji saw that he had reached this point, so there was no need to hide it anymore, he nodded lightly, and said, "We have a position of nearly [-] million in this stock."

"At this time, there are still nearly [-] million positions, which shows that you are really involved enough." Su Yu said with emotion, "The market value of this check should not be small, right?"

Xu Zhongji nodded and continued: "It's not small, it still has a market value of nearly 20 billion."

"No wonder..." Su Yu said with a chuckle, "President Xu should have met with the principals of other private equity institutions before he met me. Did he disclose the news?"

Xu Zhongji didn't know how Su Yu guessed it, and his face was slightly embarrassed.

He smiled and said: "Since Mr. Su has said this, I will not hide it. Before meeting Mr. Su, a friend of mine and Juyin Investment did mention this matter, but my A friend did not agree with the logic I said. He felt that a company with a market value of more than 15 billion or even more than 10 billion did not meet the conditions for shell stocks. At the stage of listing, very few companies seeking to go public through the back door can afford such a high listing financial cost and price.”

"Understood!" Seeing that Xu Zhongji was finally being honest with each other, Su Yu said seriously, "If Mr. Xu said that the potential backdoor target of the layout is not Xinwei Group, the so-called domestic communication giant, I really don't really believe it. But this company... I believe that as long as they can achieve their wish to go public, they don't mind bearing some more financial expenses and costs of going public, after all... they are not short of money."

Although from the rearview mirror of history.

This Xinwei Group, which borrowed the shell of Huachuang Xinwei, is a complete liar.

But at this stage at this moment, this scam company is in full swing. It not only won the so-called 30 billion communication base station and equipment contracts in Cambodia, but also invested a large amount of money in Nicaragua, Ukraine and other countries. , and even called out to launch 32 satellites covering 95% of the world's population distribution area within six years, and to cooperate with the Nicaraguan government to dig a Nicaragua Canal comparable to the Panama Canal to change the world shipping pattern. The domestic telecommunications giant has been promoted to the altar by major capitals.

Faced with the capital market's valuation expectations of hundreds of billions or hundreds of billions.

Su Yu felt that the identity of Xinwei Group as a "fraud company" was far from being exposed, and the amount of funds raised by the other party through fake major foreign investment projects was still enough to support the company's continued fraud. It is not impossible to eagerly go public with backdoor listing motives and dance with lies.

"Yes!" Xu Zhongji said with a chuckle, "I was fortunate enough to meet Chairman Wang of Xinwei Group once in Yanjing. Microgroup has invested in many projects in Southeast Asia, Ukraine, the Middle East and other places, and the entire world communication situation is in the transition from 3G to 4G. Xinwei Group relies on Huaqing University's talent reserve foundation and such With years of technology accumulation, Xinwei Group has entered the global communication infrastructure market and occupies a considerable share of competitiveness. This company has quite broad prospects and has the potential to become a domestic private communication giant. .”

"And in the opportunity when it wants to backdoor and land in A shares."

"Hua Chuang Xin Test is definitely its best choice. After all, in the whole market, except Hua Chuang Xin Test, there is no other company that can match it so well in terms of business, but it happens to be in Yanjing. A clean shell company."

"And, I can foresee..."

"If Xinwei Group really chooses Huachuang Xintest in the end, it will be a grand feast of capital, at least double the interest rate, no matter what."

Su Yu listened to Xu Zhongji's words, nodded slightly, and said: "Snake Tunxiang's backdoor listing plan like this is definitely not something that one or two capital institutions can afford. If the whole thing goes according to Mr. Xu's expectation , when the time comes, there will definitely be additional shares issued, and there is enough time to participate, why does Mr. Xu want to gamble like this again?"

"Xinwei Group's IPO plan must be watched by countless institutions." Xu Zhongji said, "If it really comes to the time when the rumors have leaked out and the dark cards have become bright cards, Mr. Su will feel like our 'Minghui Capital', or Are private equity institutions like your 'Yuhang Investment' qualified to participate in this kind of fixed increase plan that is almost guaranteed? Impossible! Many large domestic institutions are not enough for such a cake. Can it be our turn?"

"so……"

"We can only make arrangements in advance according to the clues of some information channels and logical speculation, and bet on the market probability of the opponent's choice."

"It's just the probability this time, I have a very clear feeling."

"Knowing that Xinwei Group borrowed the shell of Huachuang Xintest, a huge concept will happen."

"Mr. Xu's investment path and the courage to choose the target really surprised me." Su Yu said with emotion, "But at the same time, this kind of courage to see the opportunity, make a big deal, and integrate knowledge and action also makes me sincerely admire. "

What he said was the truth.

If he does not have the advantage of a reborn person and stands in the position of Xu Zhongji, even if he captures this opportunity through some clues and information channels in the market, and decides that Xinwei Group's backdoor Huachuang Xintest listing is a high probability event, I am afraid. I also dare not take such a big gamble with the main fund.

After all, there is no 100% thing about investing in the financial market.

Once the final result is unsatisfactory, in the face of Huachuang Xince, which can be said to have only the value of shell stocks, in the long bear market, it is basically impossible to exit safely in the case of extremely scarce liquidity.

That is to say...

Even if the bet is right, it is possible that like 'Ming Fai Capital', which is currently facing the desperate situation of fund liquidation, it will not last until dawn.

Like this time.

If Xu Zhongji can't get reinforcements like him.

Then, before the news that Xinwei Group intends to borrow the shell of Huachuang Xintest is settled, with the possible further decline of Huachuang Xintest, Minghui Capital is very likely to explode its position, so it has to liquidate the fund, withdraw funds, and give up continuing to invest. If you continue to gamble, you will end up with only a lot of losses.

"Thank you President Su for your approval." Xu Zhongji said with a smile.

"No need to thank you." Su Yu said with a smile, "I didn't agree to cooperate for Mr. Xu's face, but I agree with the logic you said, and I agree with it. There is indeed a huge game value and a win-win basis. That's all, that's all... It's not impossible to raise the stock price for you and give a favor."

"Understood!" Xu Zhongji nodded slightly, "I will remember this kindness from President Su in my heart."

"Then I wish you all a happy cooperation." After the other party finished speaking, Su Yu offered to extend his hand with a smile.

At least doubling the investment opportunity, coupled with the favor of 'Minghui Capital', this kind of cooperation foundation, in Su Yu's view, is the real sincerity.

Actually...

Su Yu knew that in the investment opportunity of Xinwei Group's backdoor Huachuang Xintest, there was far more than the so-called doubling of profits hidden, and three times or four times were completely out of the question.

When the two talked about this, the tense atmosphere that had been tense before completely dissipated.

Xu Zhongji and Manager Wang breathed a sigh of relief, and the worries that had accumulated for many days slowly dissipated between their brows.

Actually, if Su Yu doesn't agree...

They had no choice but to reduce their positions in Huachuang Credit Test, so they could barely avoid the risk of liquidation of the fund and deal with large redemptions by investors.

But in this way, after suffering for several months, the hope of seeing the light is completely shattered.

Moreover, in such a situation where the fund suffered a large loss, the settlement of the net value of the fund and the abandonment of the restructuring investment strategy that he had insisted on for a long time at the beginning were also quite detrimental to the future development of 'Ming Fai Capital', which Xu Zhongji could not bear. Also unwilling to bear things.

Good thing...

After a round of careful negotiations and hard discussions, Su Yu agreed with his investment logic, and was willing to help out, participate in this opportunity, and help stabilize the stock price of Huachuang Xintest, thereby also passing the share price of Huachuang Xintest, Stabilize the net value of the main fund of 'Minghui Capital' and the last ray of psychological confidence and hope of investors.

Of course, during the conversation between the two.

Li Meng watched Su Yu's attitude of strong rejection gradually turn to acceptance, and he was still a little confused and incomprehensible for a while, but it was just not easy to ask at this moment.

So, she kept holding back her words.

After the dinner was over, they said their goodbyes, walked out of the hotel, got into the car, and on the way back to the residence, she couldn't help asking Su Yu: "Investment in the secondary market, reorganization and backdoor incidents are the most difficult to catch. It is also the most risky investment opportunity, how can you be sure that General Manager Xu is not fooling us, so that we can enter the market and carry the sedan chair, and solve their 'Ming Fai Capital' main fund's heavy position and quilt?"

"Currently, although the IPO market is stagnant, the only way for companies to go public is backdoor reorganization."

"However, the market capitalization of Huachuang Xintest cannot be called a shell stock. The three non-essential junk stocks whose main business has declined in an all-round way have neither performance nor concept story. If there is no news about restructuring in the end It is rumored that we enter the market to take chips, and it is quite difficult to exit afterwards.”

After the other party mentioned the stock of Huachuang Xintest.

Li Meng checked the stock on his mobile phone while he was going to the bathroom during the dinner.

Knowing that after the announcement of this stock's annual report last year, the market found that its revenue has shrunk more and more. It can be said that there is no prospect, and its stock price has continued to fall. In the past two months, it has fallen by almost 2%. Incomparable, and the circulation plate is huge, the locked-up plate is extremely heavy, and the daily turnover has shrunk to below the tens of millions.

Such a situation...

In other words, private equity institutions like 'Ming Fai Capital' have a heavy position in this stock.

If you want to get out of the market, if there are no other large capital investment institutions to take the initiative to help, you won't be able to get out if you don't smash the stock price further down, and don't continue to plummet the price by [-] to [-]%.

Up to now, she still firmly believes that Su Yu's judgment at that time was correct.

That is, the main fund of "Ming Fai Capital" has a heavy position in Huachuang Trust and Measurement, and it can't be cut off. If you want to pull the market but have no follow-up funds to follow up, it will only lead to deeper and deeper traps, so I found them , made up a beautiful story of restructuring backdoors with good words, and coaxed them into entering the market to take over.

After all, according to her thinking, there is no such thing as a pie in the sky in this market.

Intrigues are often the norm.

Su Yu looked at the side face of Li Meng who was driving, and said with a smile: "I heard what the other party said at first, and I also thought it might be a trap, but after careful analysis, I feel that there...is the potential benefits, which far outweigh the risks, that is, No matter what the purpose of Mr. Xu's cooperation with us is, there is no problem with the investment logic of the stock he said about Huachuang Xintest. But there are motives to seek a domestic listing."

"Furthermore, this check can be set near the liquidation line of the main fund of 'Ming Fai Capital'."

"It proves that it has fallen a lot."

"Indeed, it has fallen by almost 40% in the past two months." Li Meng answered.

"That's it." Su Yu nodded slightly, and continued, "Intervention at this stage, even if it is a trap, we can easily distinguish it after the initial intervention, and it is also better than the large-scale 'Minghui Capital' who is involved in it." ' is more proactive, so... nothing to be afraid of."

"En!" Li Meng replied.

Su Yu thought about it, and was going to explain in detail the logical relationship and the relationship between the profit and loss of the game.

At this moment, the phone in his pocket rang suddenly.

Su Yu thought that it was already past nine o'clock in the evening, and he didn't know who was calling him, so he took out his mobile phone and looked at it. Seeing that Shi Yuling's name was noted on the caller ID, he was surprised, and couldn't help but connect.

"Su... Brother Su..."

The voice that came through the connected microphone was not Shi Yuling.

(End of this chapter)