My Fintech Empire

The following day, Friday 30 November.

At around 9:10 in the morning, the A-share market will start a call auction in five minutes.

Fang Hong also came to the trading room on the second floor of the villa. He tapped a few times on the keyboard and cut to the time-sharing panel of a stock, which was Xingyu Technology on the main board of the Shanghai Stock Exchange.

This super giant will land on the A-share market today, and it can be said to be highly anticipated. Now, on the popularity list of individual stocks in the Shanghai and Shenzhen stock markets, Xingyu Technology's popularity index ranks at the top of the list.

At this moment, the comment area of ​​the stock bar of this stock is extremely lively, and there are countless investors who eat melons.

With the passage of time, the call auction officially started at 9:15. When the first price figure jumped out of the auction, many investors were extremely surprised.

The price of Xingyu Technology is 2.65 yuan per share, an increase of +4.33%, and it was also beaten down.

Although it is relatively unimportant because the order can be canceled five minutes before the call auction, Xingyu Technology's bidding start is too hip, which forms a strong contrast with the atmosphere before the listing.

Yesterday, the capital market was bragging that this trillion-dollar market value has just started, and a two-trillion market value is not a dream.

That's all for today's bid?

That's it?

Funds from all walks of life in the two cities are staring at Xingyu Technology. Large investors, retail investors, institutions, hot money, and QFII foreign capital are very surprised, but soon there are big funds ecstatic. Isn’t it giving away money at such a low price?

Many people think this way, including some retail investors, who also think this is a very good buying opportunity.

However, the funds involved in the bidding are relatively small, and the orders declared in the first five minutes can be cancelled, but the orders declared after 9:20 cannot be cancelled.

The current low price of Xingyu Technology is indeed a very cheap bargaining chip, but most of the funds dare not make a move to participate because they are afraid of quoting now. After a while, the big funds will burst out, and their own price is lower than the opening price and cannot be traded.

For example, now the bidding is participated in with a price increase of +10%. Once the order is declared, if the opening price is above +10% at that time, the declared order will be a waste order that cannot be traded.

However, if you directly quote a higher price, such as participating in the purchase declaration with a price increase of +20%, if you receive an order, it is likely to be a high-level order.

This is also the psychological game between the long and short sides.

Xingyu Technology's collective bidding is obviously abnormal, and people without inside information really dare not intervene.

As the saying goes, if something goes wrong, there must be a monster. Logically speaking, it should not be opened so low. Yesterday, the market's expectations were doubled. As a result, the bidding price has not even increased by 5 percentage points.

However, the scale of investors in the two cities is huge, and even a small number of them are still a large number, and there are still many people who are furious when they see such a cheap price.

The retail investors who won the lottery were very surprised, but most of them chose to watch the excitement and did not sell the winning chips in their hands, because there were really not many, just a few thousand dollars.

There was no selling or bidding to increase the position, because the opening was too weird.

At this moment, Xingyu Technology's disk bidding competition is fierce. The bulls are aggressively raising the price, and the bears are also suppressing it strongly. At around 9:23, the effective orders on the disk have reached 375 million.

Investors were very surprised to see this number. It is rare to make such a large number in the call auction stage. Even if it is a big ticket, the funds invested in the call auction are only about tens of thousands, and a little more is only 2,000. about ten thousand.

But Xingyu Technology has already made hundreds of millions in collective bidding at this moment, and it is still increasing.

The bear's will to suppress seems to be extremely firm, but the power of the bulls should not be underestimated, because the price is very cheap, and there are a lot of funds that dare to rush to raise.

As the time passed by one minute and one second, at 9:24:55, when there were only 5 seconds left in the call auction to end, the short side suddenly poured out more than 600 million funds in one breath, and directly set the price Hit it down.

Five seconds later, the results of the call auction in the A-share market came out. Xingyu Technology opened flat at a price of 2.54 yuan per share, which was +0.00% higher than the issue price, and the opening market value was locked at 700 billion.

However, the trading volume of the call auction can reach as high as 1.1 billion, and there has never been a stock that has reached the billion level during the call auction.

The result of the bidding offered by Xingyu Technology surprised everyone. Yesterday it was seriously higher than expected, and today's opening price is definitely seriously lower than expected.

Now the comment area of ​​Xingyu Technology's stock bar is very lively.

[Is the trillion-dollar market value just started? ]

[The collective bidding of this ticket is really paradoxical, it actually went flat, no matter how bad it is, it will not go flat, what do you think of the 1.1 billion sold? I really can't figure it out, who is selling it? ]

[Haha, the opening price is 2.54 yuan, Xingyu Technology will break the market on the first day of listing. ]

[Look at how the stock index has fallen. There is no water in the pool, and this elephant insists on stuffing it in at this time. Learn from Zhongyou Petroleum. It was listed at 6,000 points in the market, and the atmosphere was so hot at that time . ]

[This new lottery winner is really lonely. I thought that winning 1,000 shares would earn me a month's worth of grocery shopping...]

[Hahaha, isn't this bidding result embarrassing? Just ask those bragging brokers, institutions, and stock review experts if they are embarrassed or not. The slap in the face is a pain. The stock price saw 8 yuan, and the market value saw 2 trillion. Oh, my mother still hears it in my ears, hahaha ,Killing me! ]

[I don't understand, but was shocked. ]

[Why is it driving so low? Isn't this sending money? Such a good company, I think trillions of market value is definitely possible. ]

[Then you buy it quickly. ]

[Haha, I doubt life. ]

[Bought more than 10,000 lots through call auction, and sold more than 3 million yuan. I firmly believe in my own judgment. ]

[Rich man! ]

[The call auction was opened so low that it cost 100,000 yuan, so I am firmly bullish. ]

[Whether strong or not is considered weak, bearish! ]

[Really laughing to death, the price of Xingyu Technology is bearish? What about trouble? According to the latest third-quarter results disclosed, the price-earnings ratio plummeted from 45 times to about 10 times. Where can you find such a low price-earnings ratio for such a high-profit technology company? This stepping on the horse means that the main force is giving the opportunity to get on the bus. Some people really don't use the opportunity, and you will be envious at that time. ]

[Look at the price-earnings ratio for stocks? Why do you buy bank stocks? ]

[Hehe, don't you look at the industry? ]

[Is it true that the main force is doing charity? Will it give you a chance to make money? ]

[Anyway, the bidding is full and the two financings are marked up to 5 million, don't delete the post, I will slap you in the face later, I have already taken a screenshot. ]

[I wish you a fortune, hehe. ]

...

Xingyu Technology’s stock bar comment section is very hot right now. After bidding for a price that is far lower than expected, there are really many people who are short-sighted, and there are also many people who gloat. There are also many stupid people.

It was so ruthless before the listing, but on the first day of listing, the issue price was set through a call auction, which slapped a lot of people in the face.

At this moment, many people who sang a lot before the listing did not say a word, because they are also a little confused now. Most of the latest messages and comments in the stock bar comment area are calling for Xingyu Technology to break.

Time passed by one minute and one second, and at 9:30, the market officially entered the opening continuous bidding stage.

...