LATEST UPDATES

Rebirth capital madman - Chapter 1158

Published at 20th of December 2022 05:30:38 AM


Chapter 1158

If audio player doesn't work, press Stop then Play button again




Regarding the movement caused by Ma Shiheng, the CEO of the Hong Kong Exchange, who wants to move the "penny stocks" on the main board, Sir Gao, the president of the Hong Kong Monetary Authority and the temporary chairman of the Hong Kong Securities Regulatory Commission, will definitely be questioned by the media about his attitude, and even to the bottom of it. , is it simply from the instigation of the Hong Kong Securities Regulatory Commission, and are you not worried about the irreversible negative impact on the attractiveness of the Hong Kong stock market?

Why does Gao Xian concurrently serve as the chairman of the Hong Kong Securities Regulatory Commission? It's not that he has foreseen the environment of the rivers and lakes of Xiangjiang. With his own energy, he will carry out specific work for his subordinates and be a strong backing!

It is precisely because of this that Sir Gao will not be led by the outside world. He answered clearly: "I am very satisfied with the results of the current division of labor."

Didn't he want to test his attitude towards Ma Shiheng, who rushed to the forefront for a while? The bright support of Sir Gao is comprehensive. What the outside world said is the current troika of innovation in the Hong Kong securities industry - Yuan Tianfan, Vice Chairman of the Hong Kong Securities Regulatory Commission, Yi Weiguo, Chairman of the Hong Kong Exchange, and Ma Shiheng, the CEO of the Hong Kong Exchange. , all included, all supported.

In fact, the movement caused by the "immortal stocks" on the main board is nothing more than involving interests, and it is often the kind that is not good, so it has to be a disguised noise.

Take the United States, which is widely recognized as the most developed financial market in the world. In the 1980s, investors are defrauded of at least $2 billion by capital routines related to "penny stocks" every year. As for underground forces such as the Mafia, it is not a secret to infiltrate Wall Street through "penny stocks".

With the current energy of Sir Gao, out of the long-term consideration of thriving, at the right opportunity, adjust the market structure of Hong Kong stock market, and use means such as the combination of grace and power. sky.

Relying on the support of Sir Gao, Ma Shiheng calmly held a press conference on the ChiNext, announcing the arrangement of some specific matters. Start coding with zero zero one.

As the performance of having a backer, and then being tough and not backing down, Ma Shiheng quickly changed the topic and mentioned the arrangement of "penny stocks", "Among the stocks of listed companies whose stock prices have been lower than 0.5 Hong Kong dollars for 30 consecutive trading days, there will be Ten stocks were selected, transferred to the ChiNext, and given a specific range of exchange codes for investors to identify more clearly; other 'penny stocks' in this standard entered the observation period; higher than this standard The 'penny stock' will remain on the main board."

Yes, the 'penny stock' is set!

After the unshakable decision of the Hong Kong Exchange was officially revealed, the momentum of support prevailed. After all, the problem of "penny stocks" is too obvious. Once you grab a lot of them, the liquidity is poor, and it is easy for traders to control the stock price, so that the market has abnormal fluctuations and so on.

The most intriguing point is that it is impossible to damage the free market!

Those penny stocks have not been delisted and delisted from the Hong Kong Stock Exchange. They have just changed their trading market. It is difficult to see such a degree of merciful tolerance in other major stock markets around the world.

More importantly, the freedom of investors' transactions is not affected, and adults are only responsible for their own decisions.

At the dinner of Weng Daming’s group, Zhan Peizhong talked eloquently, “At the beginning, there was a lot of commotion about the ‘Xiangu’, but why did it all fade away in the end? Apart from the fact that the Hong Kong Monetary Authority is in the seat, the Hong Kong Stock Exchange cleverly Dividing the 'penny stock' into three parts is quite clever."

"It's really brilliant." Weng Daming smiled slightly. It is true that he has already controlled Bailida, but because of the previous entanglement with New Zealand securities, Bailida hurt his strength, for example, in order to cut the debt connection of New Zealand securities and put The 34% of the shares held by New Zealand Securities were taken back, which is a considerable cash price compared to a listed company of the level of Bailida. The previous 0.82 Hong Kong dollars rose to 0.96 Hong Kong dollars, but the label of "penny stock" did not run away.

"In the beginning, after I received the news that the 'penny stocks' would be sent to the ChiNext, I was really worried and rushed to Xiangjiang immediately; but when I learned that the Bailida stock was higher than the standard for transferring to the ChiNext, I immediately rushed to Hong Kong. It’s easy to relax, and it feels like riding a roller coaster.” Weng Daming complimented: “While the capital market of Xiangjiang is extremely attractive, it is also a bit broad and profound, thanks to Zhansheng’s guidance.”

Zhan Peizhong laughed, "I feel that you have misunderstood this new GEM."

Weng Daming pondered: "Although the media now refer to the GEM as the Nasdaq of Hong Kong, this market is too new after all, and it is far from the main board in the most important aspects such as liquidity and capital scale. Otherwise, If it is, the 'penny stock' will not be disturbed when it hears that it will be transferred to the ChiNext."

Zhan Peizhong shook his head, "How did Nasdaq come about? At the beginning, it mainly provided an open quotation system for over-the-counter transactions. Looking at the background of the birth of the Hong Kong Growth Enterprise Market, Sir Gao is promoting the development of Xiangjiang OTC trading! Judging from the existing successful experience in developed markets, the Hong Kong stock market will usher in a period of significant growth in the number of listed companies. Your concerns are undeniably justified. When placed in Xiangjiang at this time, It doesn't apply anymore."

Speaking of this, Zhan Peizhong couldn't hide his smug look on his face, "Furthermore, a new market has the benefits of a new market, which is just right for veterans to show off their skills."

Weng Daming, who understood it, hurriedly asked: "What big move is Zhansheng going to make on the Growth Enterprise Market?"

"The development strategy of Heungkong International Digital Center has made the application level of Heungkong's telecommunications industry among the world's first-class, and has spawned many small and medium-sized start-up companies. I participated in the investment in a sound service company that performed well. GEM financing, I estimate that it is not a problem to get five or six million cash in the first round." Zhan Peizhong asked, "Is Weng Sheng interested in participating? Or there are other capitals on Baodao who are interested, can you introduce them? "

Weng Daming jokingly said, "Zhansheng has such a keen eye, shouldn't he have picked up the crown of the first stock on the GEM!"

Zhan Peizhong waved his hand, "As far as I know, after the Hong Kong telecommunications industry broke its monopoly, those big consortiums that bid for telecommunications licenses and established telecommunications companies that have not yet reached three financial years are eager to try the ChiNext board. Now, and, if nothing else, the stock code of 8001 already has its owner."

Weng Daming was aroused by curiosity, "What company is so powerful?"

"The magical power is not so vast, but the origin is extraordinary." Zhan Peizhong explained: "It's a technology company called Octopus, researching a contactless chip authentication solution, which is better than the magnetic plastic card used in the current subway multi-ride ticket. , is much more advanced. It has received investment from giants such as High Yield, Heungkong Development Investment Fund, Heungkong Telecom, etc. It is not a problem to enter the subway system, bus system, and even retail system. It can be said to have a bright future. It should be built into a GEM Template."

Weng Daming suddenly realized, "No wonder Zhansheng said that 8001 flowers have owners."





Please report us if you find any errors so we can fix it asap!


COMMENTS