Reborn in Hong Kong as a Tycoon

Chapter 114 Sweeping Cangjiang Industry

After Yum Securities began to buy a large amount of Cangjiang Industrial's stock, the stock price of Cangjiang Industrial immediately ushered in a sharp rise, soaring to the point that shareholders only saw that the stock price had only risen by a little over 1% when it was refreshed last time. It became 3%, and then it was 5%, and the stock price has risen above 17 Hong Kong dollars.

This sudden rise, of course, has attracted the attention of many investors.It's just that because of the rapid rise, no stockholders had time to get in the car. Only stockholders who held stocks before the sharp rise were able to get on the ride smoothly.

After the stock price exceeded 17 Hong Kong dollars, it did not rise again. Yum Securities stopped buying and handed over the stock price to the market.Without Yum Securities' large purchases and lack of funds to keep up, the stock price will naturally fall and adjust.

The purpose of Yum Securities is to buy a large number of stocks, so it did not smash the market at the price of 17 Hong Kong dollars. Instead, it stopped for 5 minutes, and when many investors chose to hand over their chips to sell the stocks because the stock price fell below 17 Hong Kong dollars, they started again. Buy in large quantities and scan the goods all the way.

This time, the stock price was once again pulled up sharply and continued to rise.

After two consecutive large increases, the stock of Cangjiang Industrial has attracted the attention of a large number of investors. At the same time, some institutions have naturally discovered it, but they did not immediately participate in it. Only a few institutions have the idea of ​​giving it a go. bought some.

The reason for this is that at this time Cangjiang Industrial’s increase is getting closer and closer to 10%, and the stock price at the integer price of 18 Hong Kong dollars itself has a lot of pressure, let alone when the increase reaches 10%. , There will inevitably be a lot of profit taking and leaving. It is hard to say whether this large amount of funds can be sustained. At this time, intervention may be bought at a high level.

Yum Securities did not break through the price of 18 Hong Kong dollars immediately. After all, Yum Securities wanted to buy a large number of stocks instead of raising the stock price, so before the stock price touched 18 Hong Kong dollars, it temporarily stopped buying and let the stock price adjust. fall back.

Once the stock price adjusted and fell back, many stockholders chose to leave when the increase reached about 10%, and they were safe. After all, no one can guarantee how to go later.

A 10% increase is not low. Although there is no price limit for Hong Kong stocks, theoretically speaking, it is possible for the stock price to rise ten times that day, but this kind of thing is basically impossible. Not necessarily once, usually a 100% increase is a ceiling.

However, if the stock price has risen by 10%, the room for the above increase becomes limited, so it is the right choice to be safe.

The stock price adjusted and fell, and Yum Securities bought at a low price all the way. In order to prevent the stock price from falling and rebounding, this time it was slowly buying in small amounts.However, in this way, the stock price did not rise or fall sharply, and it fluctuated all the way down. The stockholders who wanted to secure their pockets were able to sell their stocks at a higher price smoothly.

Retail investors saw this downward trend, and most of them chose to sell stocks when they had already made a lot of profits. After all, there were only a small number of retail investors who could hold stocks and take another look.

Unlike retail investors, institutions have more professional talents, so after seeing the fluctuating and falling stock price trend, they know that there must be funds to undertake it, otherwise the stock price will suddenly rise sharply, and without funds to take over the market, it will only fall sharply , Going through the roller coaster trend, instead of falling with a rebound as it is now, so that stockholders can ship smoothly.

Therefore, when most retail investors choose to leave the market, institutions have entered the market.Some are bold enough to step in and buy right away, while others want to be more stable and wait for the stock price to fall a bit before buying. The choices are different.

"Boss Lin, manager, some big orders have started to enter the market to buy."

In the VIP trading room of Yum Securities, a staff member who was watching over the trading area came to report to Anyuan.

"How much have we bought today?"

An Yuan heard the words and asked his subordinates.

"At present, we have bought about 110 million shares, with an average transaction price of 17.2 Hong Kong dollars, costing about 1900 million Hong Kong dollars. The main reason is that we bought more stocks above 17 Hong Kong dollars, so the average price is higher." sound report.

"Mr. Lin?"

After hearing this, An Yuan asked Lin Baicheng who was sitting on the side to rest for instructions.

Lin Baicheng immediately said: "We originally held about 14.5% of the stocks, and the target is 20%, so it is best to buy 230 million shares today, and now there are more than 100 million shares. Since there are institutions entering the market, we should buy 18 million shares. It was planned yesterday, to directly buy a large amount of stocks at 18 Hong Kong dollars, and sweep away all the stocks below the price. If institutions want to enter the market, let them play above the price of [-] Hong Kong dollars.”

"Yes, Mr. Lin."

An Yuan responded and made arrangements.

After receiving the order, the traders of Yum Securities on the four major exchanges immediately bought a large amount at a price of 18 Hong Kong dollars, which instantly raised the stock price of Cangjiang Industrial to above 18 Hong Kong dollars.

At this time, Yum Securities did not buy any more, but placed a large number of buy orders at the price of 18 Hong Kong dollars. Those who bought at this price will continue to buy, and will not buy any more.

"President Lin, Manager, just now we bought about 80 shares, and we bought nearly half of them at the price of 18 Hong Kong dollars. Many stockholders entrusted them to sell at this price in advance. The pressure is really not small, and the sell order is almost 700 million Hong Kong dollars. "

A few minutes later, the staff completed the statistics and reported to Lin Baicheng and An Yuan.

"It adds up to about 190 million shares, which is very close to our goal."

The target of 230 million shares is not far behind, Lin Baicheng said: "Next, we only need to buy at the price of 18 Hong Kong dollars, and we can buy as much as we can, there is no need to waste money to scan up the goods "It is of course best to be able to buy 20% of the shares of Cangjiang Industrial. If you can't buy that much, it will almost have no effect, so Lin Baicheng is not going to waste money to increase the stock price, there is no need.

"However, don't let the stock price fall below 18 Hong Kong dollars for the time being, so it is better to place a large number of buy orders at the price of 18 Hong Kong dollars, and use 5000 million Hong Kong dollars. If there is a sell order with more than this amount of funds, then don't accept it. Let it fall, Anyuan, you remember to report to me when the time comes."

It is true that Cangjiang Industrial had a market value of more than 2000 billion Hong Kong dollars before Lin Baicheng was reborn, but it does not mean that this company is now a very high-quality company, because Cangjiang Industrial does not have a lot of land under its name, and it is not worth too much now. .

Now that Xiangjiang has Lin Baicheng, whether Li Jiacheng can still get Hutchison Whampoa, and whether the future development will be as smooth as in his previous life are all question marks.

Therefore, the market value of Cangjiang Industrial cannot be considered too high now. It is fine to buy stocks at a premium of 50.00%, but if the premium is [-]% or even doubled, it is not worthwhile.

　(During the double monthly ticket period, those who have a monthly ticket will be given priority to vote, one vote will be used as two votes, please support!)

　　
　
(End of this chapter)