"Yazhe is just more lively. He has talent and is very straightforward."
"Oh, by the way! Mr. Liao, my husband mentioned yesterday when he was playing basketball with Yuan Zai De, Qiao Bingrong, and Fu Yongsheng that he and Rong Yuan discussed making semiconductors in Gangcheng. This is an industry that concerns the future of the city and is a huge subject. We can pay attention to stocks in this area. Even though there are still very few related stocks in Gangcheng now." Fan Qi said to Liao Jiqing.
"OK, thanks!"
Fan Qi stood up, took the manuscripts and walked out of Liao Jiqing's office.
After the morning meeting, Fan Qi went to the trading hall. As soon as the stock market opened, sell orders for Aile Electronics poured in. The market cap was not large to begin with, and such selling caused the price to fall all the way, quickly approaching the offer price of 2.5 cents.
At this time, shareholders who were afraid that the stock price would fall further signed up for the tender offer if they had a choice, because Tianhe Group said it would acquire 15% of the shares, and they were afraid that if they went too late, they would not be able to sell them.
Fan Qi was looking at other stocks of TV game concept stocks. At this time, Hong Kong stocks were not mature, and immature markets were more likely to overreact. Wei Ke Electronics, which was a foundry for Japan's GT, was the leading stock after the news that Linlong was optimistic about TV game consoles came out. At this moment, it was also dragged down by Aile Electronics and fell almost to the starting point of the news. Fan Qi asked Liao Yazhe to buy 1,000 lots for her to try to rebound.
In their previous lives, these short-term speculators who used the leading strategy would go look for old, already devastated leading stocks and buy in to pull up a wave when the market was bad, the market hotspot receded, and the leading stocks began to fall.
There is a term called "dead cat bounce". A sell-off requires momentum. Under the influence of Aile Electronics, Weike Electronics was wrongly sold off. It fell too much and could not fall anymore. There will be a rebound.
*
At this moment, Liu Xiangnian was sitting in the office with a dark face. He knew that his grandson had this skill when he left the club yesterday, but when he saw the report in the newspaper today, he was still so angry that he felt dizzy.
"It's only been a few days, and I never thought that Young Master Sun would be so bold as to move the mold even if there is no production these days. And I found out before that Young Master Sun has been buying shares of Aile Electronics at low prices. I always thought that he wanted to improve production by holding a controlling stake..."
The assistant couldn't figure it out. He had found out that Chen Zhiqian was constantly buying up shares of Aile Electronics and that he had Aile Electronics do OEM for him. It was easy to confirm Young Master Sun's purpose. But who would have thought that Young Master Sun bought Aile Electronics to make a profit from his boss? The problem was that their tender offer had already been released. By acquiring 17% of the shares, plus the 18.9% transferred under the previous agreement, a total of about 36% of the shares, they could obtain controlling rights.
This 17% is a redundancy with a few points added in. They had previously allowed Changxing to acquire 13% of the shares through other companies and personal accounts.
The idea at the time was that with the stimulation of major positive news, the stock price would rise and basically no one would sell shares of Aile Electronics. Then, Tianhe would take over the shares of Aile Electronics that Changxing had acquired using other accounts at a price of 0.25, and everything would be perfect.
Now people are flocking to register. According to the rules, if the number of stocks registered for sale is greater than the number of shares offered, the transaction will be completed in proportion. For example, if the total number of registered shares is 30 million, but the acquirer only wants 10 million, then each registered account can only trade 1/3 of the shares at a price of 0.25.
That is to say, only 1/3 of the shares entrusted to Changxing can be traded.
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