The Road to Rebirth Finance

Chapter 349 Suspension of trading, making a big profit

"Oh, I really bought it, but this time I changed the method and stopped raising the limit. It seems that I am really short of money."

Seeing Wan Ke's announcement at night, Gu Junhao said a little funnyly, it's actually understandable, at this point there is no need to raise the daily limit anymore.

The higher the daily limit is, the harder it is to buy. Everyone wants to know that if you want to increase your holdings, everyone will be reluctant to sell.

However, this does not include Gu Junhao. Gu Junhao still ships according to the rhythm. It can be said that most of the chips that can be bought in the past two days come from Gu Junhao's lightening up.

Within the two trading days of the 15th and 16th, Gu Junhao sold out a total of 10 lots of holding positions, and returned a total of 2.1 million yuan of funds. Currently, he still holds 40 lots of Vanke A.

Calculated based on the closing price on the 16th, the current market value of the position is 8.076 million yuan, and the market value of the position can continue to be reduced by about 2 million yuan.

Affected by the continued increase in holdings, on December 12, the share price of Vanke A opened higher and went higher, and the stock price trended like a rainbow throughout the day, heading straight for the daily limit.

In the end, Vanke's turnover exceeded 56 billion yuan today, and the stock price was reported at 22.21 yuan, approaching a historical high. Today's daily limit of Vanke finally has a dragon and tiger list.

Judging from the Dragon and Tiger list, the Buy 26 and Buy [-] seats are exclusive seats for institutions, and the total purchase of the seats of the two major institutions exceeds [-] billion yuan.

From the point of view of the seats sold, one seat was sold as a hot money seat for a Shencheng family, with a total of more than 4.4 million yuan sold.

Gu Junhao appeared on the top of the second-selling seat. Today, Junshi No. 10, which once again reduced its position in Vanke shares by 2.22 lots, ranked second with a sales volume of more than [-].

This is also the first time that Gu Junhao has appeared on Vanke's Dragon and Tiger List. With large funds competing for equity, it is still very difficult to appear on Vanke's Dragon and Tiger List.

Today, the net buying difference of Vanke Dragon and Tiger List is as high as 20 billion yuan, just when everyone is speculating whether Baoneng will continue to increase its holdings.

In the evening, Vanke’s announcement gave the answer. Anbang once again increased its stake in Vanke, raising its shareholding ratio from 5% to 7%.

So far, Baoneng and Anbang together hold more than 30% of Vanke shares. Under such circumstances, the market generally speculates whether Baoneng has formed a concerted action with Anbang.

After all, this increase in holdings is too much of a coincidence. If the two parties form a concerted action, then the control of Vanke is a foregone conclusion, and Vanke's existing board of directors and management will also face the risk of being reorganized and eliminated.

On December 12, the current chairman of Vanke publicly criticized Baoneng for its merger and acquisition of Vanke. His words were very fierce, including accusations of Baoneng’s fortune history, unknown sources of funds, and extremely high risk of financing leverage.

And Baoneng also responded quickly to its accusation. Regarding Vanke's merger and acquisition, all compliance, the two sides entered the stage of a war of words.

The China Securities Regulatory Commission also responded to the dispute between the two parties for the first time. The spokesperson of the China Securities Regulatory Commission stated that the acquisition and acquisition of market players is a market behavior. As long as it complies with laws and regulations, the regulatory authorities will not interfere.

The regulatory authorities will not intervene in this merger and acquisition from the policy level, which also makes Baoneng's hanging heart finally come to the ground.

On December 12, Baoneng continued to scan the secondary market and bought a large amount of Vanke shares. After only half an hour of trading time, Vanke's stock price immediately rose by the limit and was quoted at 18 yuan.

The price of 24.43 yuan also set a new record high for Vanke.

The two sides competed fiercely, and Gu Junhao also benefited from it. Within half an hour, the market value soared again by nearly 7000 million yuan, and the market value of the holdings also increased to more than 7.3 million yuan.

Unexpectedly, a speech from the regulatory authority caused Vanke’s stock price to react so violently. It seems that there is still a possibility of rising in the future, so there is no need to be obsessed with the 6 million market value boundary, and you can sell a little more.

After thinking about it, Gu Junhao said to Cao Wenxun: "Sell another 20 lots, and reduce the position to less than half of the previous position. If he rises, we don't have to move, and if it falls, we don't care about him."

The 20 lot is also based on the fact that it appeared in the No. [-] position on the Dragon and Tiger List yesterday. Although the institutional seats are invisible to ordinary people, it is not a secret to people with a big background.

In fact, as long as you are trading, your stock account is transparent to the corresponding brokerage manager and some higher-level people.

Gu Junhao, who had raised so much in the early stage, didn't think he could hide it from some people's eyes, but everyone didn't care about this kind of behavior.

Continuous large-scale sales will make both parties seem more satisfied. If they are held in their hands and do not move, then the meaning is unclear.

After all, in the end, even a fraction of a share is enough to determine the outcome of both parties, and it is safest for Gu Junhao to sell a large number of shares.

Vanke A, whose turnover was as high as 53 billion yuan throughout the day, was rushed to raise funds, allowing Gu Junhao to sell 20 lots of positions smoothly, and all of them were sold above the daily limit price.

So far, there are only 10 Vanke shares left in Junshi No. 2.443’s holdings, with a market value of [-] million yuan. Judging from the current pace, as the competition between the two sides becomes more intense, the stock price can still have a few daily limits.

A market value of 6 million is definitely not an extravagant expectation, and it should not be a big problem if it rises to about 3 million.So much for lying in it.

The continuous sale of 45 holding positions has also brought a total cash flow of more than 10.22 billion yuan to Junshi No. [-]. This wave of autumn wind can be described as a big profit!
And on the Dragon and Tiger Ranking after the market close, Junshi's No. [-] seat also appeared on the Selling No. [-] seat.One step further than yesterday.

The second and third seats are all institutional seats, and the two institutions have sold more than 3 million yuan in total. It seems that everyone has the same idea, and they will run away after a wave of autumn wind.

On December 12, Baoneng announced again that it would increase its shareholding ratio to 18%; as of today, the Baoneng department has spent a total of about 24.26 billion yuan to obtain so many shares.

At this time, the company's management also realized that if no effective measures were taken to delay Baoneng's offensive momentum, Baoneng would be able to obtain more than 30% of the equity in a few days.

In this case, it will be able to hold a separate holding. After the market closed on the 18th, Vanke's management directly announced the suspension of the company's stock.

Suspension of stock trading is generally the last resort for listed companies in the face of anti-takeover. Announcing the suspension of stock trading also means that the cards in hand are basically played, and this method can only be used to suspend the attack.

The suspension under the state of emergency this time did not notify the original No. [-] stock in advance and convened a board of directors to make a decision. It was entirely a unilateral decision by the management.

This also caused obvious dissatisfaction among the original major shareholders. The current company equity situation announced at the time of the suspension is mainly as follows: Baoneng Department holds 24.26% of the shares, the second largest shareholder holds 15.29%, and Anbang holds 7%. Management owns 4.14%.

The management's shareholding has dropped from 7% to 4.14%. It seems that the drop in the previous few trading days was done by the management, which is also a manifestation of their counterattack.

Suspension is the first means of counterattack. After all, the energy protection department has not yet fully grasped the company, and it is very difficult to reorganize.

During the period of trading suspension, trading is not allowed, but the leveraged interest of financing will not stop there; in fact, the management did not accuse it of being wrong, and the financing risk of guaranteeing energy is indeed very high.

And this is the most critical point of the management's counterattack.

The situation at this time is extremely unfavorable for the management. The original largest shareholder chose to sit on the sidelines, while Baoneng's offensive was aggressive, and the fourth largest shareholder held a key bargaining chip.

If the management is not careful, the management will be out of the game, and the counterattack against energy preservation has to be accelerated.

The first step in the counterattack is to point to the source of Baoneng's acquisition funds in order to cut off its capital chain. Without follow-up funds, everything is in vain.

　There are still two chapters to be added, and it will be added slowly.

　　
　
(End of this chapter)