Black technology: a super empire spanning two worlds

Chapter 17 [What tricks is this Xiao Yu playing? ]

The next day, Thursday, December 5th.

The May Day holiday is over. Xiao Yu, who has never paid much attention to stock prices, also turned on his computer this morning to check the stock price trend of his company. Affected by the continued fermentation of news from the May Day holiday, Prism Technology opened sharply higher today by +13.10%.

The only relationship between Linghan New Materials and Prism Technology is that the founders of both companies are Xiao Yu. Although they have the same boss, they are actually not related at all.

But judging from the opening situation, it was obviously stimulated by the holiday news and opened 13 percentage points higher.

When the market opened in the morning, the stock price of Prism Technology opened high and then plummeted.

Obviously, Linghan New Materials received a lot of attention during the holiday, but it has basically nothing to do with Prism Technology. The only relationship is that the founder and boss of the two companies are the same person.

Under normal circumstances, it will only affect the opening sentiment, and cunning investors who take the initiative will directly dump the market and run away.

During the lunch break, a short essay about Prism Technology appeared. In today's self-media era, information spreads much faster than before. The short essay quickly spread and aroused discussion among many people, and the attention on Prism Technology soared rapidly.

The content of the essay is simple, straightforward and down-to-earth. The translation is: Linghan New Materials and Prism Technology are very likely to merge and reorganize!

In the capital market, mergers and reorganizations are epic benefits for a listed company.

It's like Linghan New Materials is a young and beautiful girl, who is also rich and white. The merger and reorganization is equivalent to a "marriage" between Prism Technology and Linghan New Materials, just like a poor boy marrying a rich woman, and the poor boy's net worth will definitely skyrocket.

By the same token, if Prism Technology merges and reorganizes with Linghan New Materials, its value will skyrocket.

Previously, Prism Technology went public through a backdoor listing via merger and reorganization. After the stock was renamed Prism Technology, the stock price immediately soared from more than 7 yuan to more than 15 yuan, easily doubling in a row.

When the market opened at 13:90 p.m., the share price time-sharing line of Prism Technology suddenly rose in a vertical 4.94-degree straight line like pulling onions from dry land. In less than three seconds, the share price rose to 19.90 yuan, an increase of +42.87%, hitting the daily limit, and the market value rose to billion yuan.

At that time, Prism Technology sold more than 2300 million yuan at the daily limit price. The funds sold were basically from retail investors, and they didn't quite understand the situation. They didn't see the rumored essay, so they sold it.

Trading volume dropped sharply as the amount of funds blocked on the daily limit reached a staggering 5.7 million.

The shareholders who sold at the previous limit price are a little regretful. With such a strong order, the feeling of selling at a loss is getting stronger, but it is basically impossible to buy it back, unless the previous 5.7 million yuan of order funds are executed or the order is withdrawn, and if the limit is broken, they will definitely not dare to buy again.

When Xiao Yu saw the company's stock price hit the daily limit, he was very satisfied with the entire strategic plan provided by Wen Suqing's team.

According to the original plan, the popularity of Linghan New Materials would first be hyped up during the May Day holiday.

After the news has fermented, it will be the turn of Prism Technology to start operations. They will first make some small articles to create rumors that Linghan New Materials and Prism Technology are going to merge and reorganize.

This is done to create an expectation in the market and attract funds in the market to participate in speculation. The next step is to see whether the market will buy it. If not, then we will release more favorable news.

After Prism Technology's stock price hit the daily limit, its popularity index soared and the stock bar comment section became more lively.

[What's going on? Why is this stock going straight up? What's the good news?]
[I didn’t buy it, shit!]
[My thighs were swollen, I sold at a bidding war in the morning, and I was smug when the stock price plummeted. In the end, I was the clown.]
[What? There is news of merger and reorganization? I didn’t see the announcement.]
[The power of the short essay is really strong, and there are so many leeks.]
[No need to look, it must be an industry chain stock, stay away from this kind of chicken stock.]
[I bid in the morning when I was excited. The market plunged at the opening and I lost 10 points. I was disappointed. I didn’t want to watch the market for a while. But when it opened in the afternoon, I took a look and found that I had turned from losing 10 points to making 10 points. This roller coaster feeling is too exciting... (covering face.jpg)]
[Fuck, I didn’t know there was such news. I saw the stock price inexplicably hit the daily limit and I couldn’t help but sell it with a profit of 18 points. I regret it so much.]
[After thinking about it for a long time, I couldn’t help but run away on 4.27. I’m speechless.]
……

The next day, Friday January 5th.

Prism Technology opened at 5.93 yuan in the call auction and directly hit the daily limit of +20.04%. The opening price was the highest price of the whole day, and it remained at the daily limit throughout the day until the closing. The company's market value climbed to 51.47 billion yuan.

The investors who sold stocks yesterday regretted so much after seeing the stock price hit the daily limit for two consecutive days. Two 20cm daily limit means a profit of 44 points, and judging from the current trend, there will definitely be big profits when the market opens next week.

Investors who sold at a loss are heartbroken, especially those who were able to hold on when they were trapped before, but they couldn’t help but sell when the stock hit the daily limit yesterday because they were worried that the stock would fall back later. Now seeing the stock hit the daily limit for several consecutive days, they feel terrible.

……

"What kind of tricks is this Xiao Yu playing?"

Zhou Baichuan, the head of Penghui Capital, and people from several other capital institutions are currently discussing Xiao Yu's affairs together. They are the capital institutions that have set up a trap for Xiao Yu, and they are also several major shareholders of Prism Technology.

A middle-aged man on Zhou Baichuan's left said, "A new company was established, and now there are rumors of a merger and reorganization with Prism Technology. The stock price has risen twice in two days. Is Xiao Yu trying to use this gimmick to push up the stock price and complete the bet agreement?"

Another person from the funding agency immediately said, "He has this motive, but if he really has this intention, haha, I can only say that he is still too young."

Zhou Baichuan said in a deep voice: "No, no, these are not the main points. The main point is whether this event of his Linghan New Materials is a real gimmick, or does it really have the technology to mass-produce high-purity graphene materials? If it is true, it would be a big deal."

The middle-aged man immediately said, "Why is he playing this merger and reorganization game? The rumors are probably the work of Xiao Yu."

Several people present frowned. After a moment, Zhou Baichuan said, "It is impossible to judge Xiao Yu's motives for the time being. Let's observe for a while. I have arranged for people to investigate Linghan New Materials. The most critical point is to find out whether the high-purity graphene mass production technology spread by this company is true or false. Other things can be put aside for later."

This statement made several investors present nod in agreement. Indeed, this was the most critical point of the issue.

If this is true, the value of Linghan New Materials is more than ten or twenty times the current market value of Prism Technology.

……

(End of this chapter)