Chapter 526 Faint move
Just when countless investors and institutions were frightened by today's sharp decline in the new wolf market, the Nasdaq Trading Center issued three consecutive announcements.
The first announcement is to inform all investors that New Wolf’s stock price is currently experiencing abnormal fluctuations and contains huge risks. Please invest with caution.
This is basically an official announcement. To put it bluntly, it is just bullshit. It is basically useless other than to increase the sense of presence.
The second notification is that New Wolf has applied to the Trading Center Committee, saying that the company has a major asset reorganization and needs to go through special procedures. At present, the committee is still reviewing the application submitted by New Wolf to ensure that it complies with Nasdaq trading rules. .
Seeing this announcement, almost everyone smiled as expected.
At this juncture, the new wolf was indeed panicked.
What situations will a listed company generally face when it proposes a major asset restructuring to the Exchange?
Nine out of ten cases are preparations for applying for suspension.
After all, the assets of my listed company have been reorganized. Is it not too much to apply for a trading suspension and suspend trading for a few trading days?
Very reasonable.
When it comes to the actual situation of New Wolf, everyone can clearly see that New Wolf cannot bear the plummeting stock price and wants to suspend trading to avoid greater losses.
Some of the experienced and highly skilled speculators shook their heads when they saw this, feeling that there was something wrong with New Wolf's decision-makers.
This obvious lack of confidence among market investors in New Wolf caused the stock price to collapse. New Wolf did not want to release good news, but instead put up a no-war card. What did other investors who were still waiting to see think?
It will obviously cause more serious consequences, and more investors will lose confidence in New Wolf.
Your listed company cannot suspend trading forever. Once Xinlang resumes trading, it will be the day when Xinlang completely collapses.
This is simply a stupid move!
After laughing at New Wolf's decision-makers, these people clicked on the third notice.
This third announcement was only a few lines long, but each word was like a loud slap on everyone's face.
After review by the Nasdaq Trading Commission, China Jinqing Investment Co., Ltd., as a major shareholder, injected 10 billion Huaxia coins into New Wolf Company as a share increase.
The information about the company's major asset restructuring submitted by New Wolf Company is true and has been approved by New Wolf Company's special procedures.
From now on, New Wolf's stock price will enter a special procedure and will no longer be subject to price limits for three days.
This announcement was like a loud slap in the face of people who had previously been self-righteous because of the second announcement.
Not only did New Wolf not apply for a trading suspension, it even directly applied for the cancellation of the price limit in the event of a share increase.
Damn it, something big is going to happen!
All the analysts and investors didn't care to cover their swollen faces and became excited.
The abolition of the price limit is obviously a new wolf taking the initiative to open up the battlefield and want to see life and death!
Such a tough battle situation is rare.
After all, in the capital market, every point of increase or decrease is worth tens of millions of dollars in market value. Wealth can expand and evaporate instantly in the blink of an eye. Who would be so impulsive?
But Xinlang uses his actual actions to tell the world that others dare not, but they dare!
……
"Li Jin is still Li Jin and he did not disappoint me."
Looking at the third announcement displayed on the computer screen, the smile on Meng Yehe's face gradually became wilder.
Next to him, Li Mingtang's eyes flickered with flickering light, and he looked at Meng Yehe with a very complicated look.
Just now, after seeing the second announcement, he said that Li Jin would ask New Wolf to apply for a trading suspension, but Meng Yehe said that Li Jin would never sit still and wait for death, and would fight back forcefully.
Li Mingtang didn't believe Meng Yehe's words at all, but the third announcement that followed made him admire Meng Yehe's deep understanding of Li Jin.
However, the smarter Meng Yehe is and the better he understands Li Jin, the more assured Li Mingtang will be, because only in this way can he be more confident in dealing with Li Jin.
"What to do now?" Li Mingtang looked at Meng Yehe and asked.
Subconsciously, Li Mingtang's tone and attitude became much softer.
Sensing the change in Li Mingtang's attitude, Meng Yehe said calmly: "It's already two o'clock in the morning. According to the time difference, the trading day in New York is about to end. Everything will have to wait until the next trading day."
Speaking of this, Meng Yehe's eyes showed a hint of perseverance and determination, "Seeing victory or defeat, life or death!"
……
The market responded immediately to the announcement made by New Wolf.
The most direct manifestation is that New Wolf's stock price has stopped plummeting and is hovering near the lower limit. Although the distance is very close, it has never been sealed at the lower limit.
The capital injection of at least 10 billion Huaxia coins has brought a lot of confidence to the market. Many investors choose to wait and see again, and some even boldly choose to buy some stocks near the lower limit, hoping that they will rise back later.
All kinds of thoughts were raging, but Li Jin, who was in Qianhai City, had already gotten up and was ready to go back.
"The trading time ends in 15 minutes, and there will be no more changes." Li Jin exhaled softly and said.
"What you bought with 10 billion is to prevent Xinlang from falling below the limit today." Li Songci still resented Li Jin's choice.
"There is also a battlefield for the next trading day." Li Jin added with a smile.
"Sometimes I really hope I lose you to death." Li Songci looked at Li Jin and said with a half-smile, "I really want to see your expression after losing."
"What else can I say? I should eat and drink when I should, and go to bed when I need to sleep. Even if New Wolf's stock price plummets, there will be no real loss for me. Anyway, I don't plan to reduce my stock holdings to cash out in the stock market."
"Only those who expect to cash out their shares in listed companies in exchange for large sums of cash will be afraid of their company's stock price plummeting."
"But to me, New Wolf's business capabilities are itself a blood-forming machine. At worst, I will be fully privatized and delisted."
Li Jin's tone was very calm, and what he said was indeed the truth.
"Everyone has overestimated how important New Wolf is to me. I don't know why they think I can't afford to lose out on New Wolf's stock price."
"On the contrary, to a certain extent..."
"The lower the stock price of New Wolf, the better it is for me. I will directly privatize and delist!"
"Anyway, when I initially listed New Wolf, my biggest purpose was to quickly obtain a batch of funds through the listing to relieve Jinqing Company's cash pressure."
"Now that the pressure is gone, they still think that being listed on Nasdaq is my weakness. Others regard listing a company on Nasdaq as the pinnacle of life, but I have never thought of it that way!"
