Chapter 462 [ATL Lands on GEM]

Fang Hong decided to make two copies of Qunxing Capital's financial report. Although the new city's land tax would reduce a large amount of taxes, the tax base paid by Qunxing Capital is really too large.

Even if it is 30% to 70%, the other 70% will go to the national tax, and the remaining 30% will be divided between the land tax and the national tax of Xincheng. The amount given to Xincheng is still huge, and Qunxing Capital is still the largest taxpayer in Xincheng.

And even if the leaders of Xincheng knew about the situation in the future, they would never be dissatisfied with Fang Hong.

Instead, thank him.

In the future, the higher-ups will definitely bring up the matter of refunding and subsidizing, so as to show that they do not take advantage of the place. At that time, doing so was also a decision focusing on the overall situation. At that time, the incumbent leaders of Xincheng will definitely push it away: the economic development of Xincheng is very good , The money bag is very full, there is no financial pressure, and there is no need to refund it.

With such a big picture, it’s hard not to make progress!

...

At the same time, the adjustment of the A-share market has ended in the past two days, and the anti-package market ushered in on Friday, March 4.

And just today Friday, ATL Technology, the third company in the galaxy system, officially listed on the GEM. In the morning, the call auction opened +20% higher at the opening price of 13.80 yuan. After the opening, it quickly stopped for half an hour. Trading resumed at 10 o'clock and the second board stopped again. The stock price rose to 16.56 yuan, an increase of +44.00%, and the market value rose to 6.479 billion yuan.

Today's trading volume is only 6.36 million yuan, and the shareholders who won the lottery are holding it.

ATL Technology is now calculated based on the temporary stock price, with a total market value of more than 6.4 billion. Calculated based on the issue price, the circulation is only about 400 million. Even if it is calculated at the current price of 16.56 yuan, the circulation is only a little over 600 million. When Ruihe Pharmaceutical was listed on the GEM before, it had less than half of the circulation.

The small number of circulating stocks means that it is not difficult to pull up, and the amount of funds required will not be large.

Today's Shanghai stock market also rose +1.35% to close, and the index closed at 2942.31 points.

Weibo, which fell by -4.63% yesterday, resonated with the index again today, and closed up +5.30%. The stock price closed at 197.80 yuan.

...

After the weekend weekend, Monday, March 7th.

Today, the three major indexes of the A-share market and the two markets rose across the board. The Shanghai stock index opened a gap and opened a barefoot Yang line to hit a new high in the first year. Finally, it closed at 2966.21 points, up +1.83%.

And Weibo also surged in volume today. The daily trading volume once again exceeded 10 billion and reached 10.1 billion. The intraday stock price rose to 213.21 yuan, an increase of +7.79%, and finally closed at 209.76 yuan. It closed up after the market. +6.05%, the market capitalization scale has risen to 110.9 billion yuan, surpassing Zijin Mining in the same period, ranking 35th among listed companies in the A-share market.

As a constituent stock of the Shanghai and Shenzhen 300 Index and the Shenzhen 100 Index, Weibo has a scale of 100 billion yuan, and it is properly weighted and big.

Compared with the current stock price of Weibo, it is one step away from breaking through the record high. Ruihe Pharmaceutical, the second listed company in the galaxy system, is now looking much weaker. During the big market period, it was also full of glory. It directly broke away from the GEM index and skyrocketed. The stock price hit the current historical high price of 78.69 yuan, and it also hit a cumulative increase of +188.45% since its listing. The market value reached a height of 41.8 billion yuan.

Now there is an M-shaped double-headed top. After rebounding from 57.69 yuan in December last year to 78.24 yuan on January 13 this year, the market turned to a waterfall-style unilateral drop, from 78.24 yuan in just 12 trading days. The yuan fell to 50.53 yuan, a drop of more than 35 percentage points, and also fell below the 57.69 yuan in December last year to hit a new low.

However, after the return of the Spring Festival, Ruihe Pharmaceutical also rebounded with the market. It closed up +2.14% today, and its stock price also rebounded to 61.07 yuan. The market value remained at about 32.4 billion.

The price of 50.53 yuan seems to be the latest historical low point of Ruihe Pharmaceutical, and it is impossible to break through this price in the future, because the price of 50 yuan is the iron bottom price of the stock market value management.

It's just that retail investors don't know it.

ATL Technology, which was listed on the stock market last Friday, directly hit the one-word daily limit today. The stock price soared to 18.22 yuan, the market value rose to 7.1 billion, and the trading volume in the whole day was only 1.59 million yuan.

In the next four trading days of this week, ATL Technology once again went out of three one-word daily limit boards. On Thursday, the stock price reached a new high of 24.24 yuan, and the volume was also slightly released, reaching 3.18 million yuan. Investors felt that it was almost done, and they cashed out today, and they won the lottery and held it until now, and they have gained a +110% increase, which has doubled.

...

On Friday, ATL Technology bid opened +8.75% higher, and did not offer a daily limit today.

After the opening of the market, the stock price plunged rapidly. The shareholders who won the lottery saw that they could not open the straight board, and their bargaining chips loosened. The dive triggered a profit rush. In just three minutes, the stock price of ATL Technology dropped to The price of 24.54 yuan seems to be rushing to turn green.

However, it stopped falling at this price.

In the afternoon, Brother Wanshou came and refueled directly in the air.

At around 14:35, the stock price of ATL Technology rose to 26.66 yuan, an increase of +9.98%, and the daily limit was directly sealed.

However, even with a market value of tens of billions, the circulation of ATL Technology is still less than 1 billion. The turnover of the stock after the market closed today was 627 million yuan, and the turnover rate reached an astonishing 71.53%. Look, the retail investors who won the lottery have basically cashed in their profits today.

Then on Monday, March 14th, after ATL Technology opened slightly lower that day and stepped back, it quickly rose again. Within 20 minutes of the opening, the stock price rushed to 29.33 yuan, and after getting out of the sixth board market, the market value soared to 11.4 billion Yuan.

However, at around 2:30 in the afternoon, the sixth board of ATL Technology exploded and failed to unseal, and finally closed up +4.65%, the stock price closed at 27.90 yuan, and the turnover shrank to 362 million yuan throughout the day.

ATL Technology's high of 29.33 yuan today is basically a phased top within the next month, and there will be an adjustment period later.

And the stock's recent staged iron bottom for market makers is the price of 20 yuan. In other words, as long as the stock price of ATL Technology is adjusted to the price of 20 yuan, there will be major institutions supporting the market.

As time goes on, the center of gravity of low iron prices will continue to rise.

Fang Hong doesn’t care about how the trend of A-share listed companies in Qunxing system fluctuates, and Zhongtai Capital and other cooperative institutions don’t care how they cut it. How much money they can make in it depends on themselves.

But there is one thing, that is, the trend is always rising, and the tops are all staged, and there will be breakthroughs in the market outlook, and the top breakthrough time cannot exceed 10 months.

What Fang Hong wants is the A-share listed company of the galaxy system, and he should not use the US stock market to find benchmarks for reference to value and price them.

What is important is to let all investors who use the US dollar interest rate as an anchor to value and price the galaxy group see that their strategy for the core assets of the group galaxy with this logic will be invalid.

overrated? sold? Waiting to kill the valuation to buy the bottom?

I'm sorry, but if you can't kill the so-called value depression you want, either you can't live with the money and watch it continue to rise. Xin believes that the current valuation level is reasonable, abandon the logic of benchmarking against US stocks, and then place a bet.

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