Lingyu First Bank

Chapter 379 Equity listing and trading

"Teleportation Array? To the Holy Mountain City?"

The three of Wen Qi were taken aback. With such a long distance, this could only be the long-lost ancient teleportation array. The value of this thing is simply inestimable.

"I got it by chance, please keep it a secret." Wang Yuan said with a smile.

How could the three of them disagree, so Wang Yuan arranged for someone to send them to the teleportation formation, and asked Wang Qian to go with them, so that he would have a good explanation.

At the same time, I greeted the Holy Mountain City, and they can also use the teleportation array when they come back.

After seeing off a few people, Wang Yuan's side also started to get busy. The listing and trading of equity is much more troublesome than treasury bonds.

Wang Yuan transferred more than a dozen people to write the detailed rules for the listing and trading of shares. This is like the securities law of Wang Yuan's previous life, which needs to be detailed.

Auditors are selected to conduct audit training for listed equity companies, and they also need to communicate with the trading rules writing team. They must fundamentally eliminate loopholes and be operable.None of this is easy.

Guiding the investment department to play the role of a securities firm temporarily, providing listing guidance and injecting capital at the same time, Wang Yuan plans to reduce the proportion of tradable shares of enterprises for initial equity listing financing to less than [-]%. If the proportion of tradable shares is too high, the company's operating motivation will be insufficient, and even worse. The important thing is that the speed of equity appreciation will be affected by the large scale. It is the first time for equity listing and financing, and it must be done beautifully.

One month later, the representatives of the three major families, Wen Family, Qin Family, and Huang Family, all rushed to Weiyang City, and everyone attached great importance to this equity listing.

Wang Yuan led the team to conduct detailed consultations with the three companies, and finally determined the listing rules.The scheduled time to market is half a year later, because there is still a lot of work to be done.

Wang Yuan also established a new company called Lingyu Zixunbao Company. This company launched a small program based on Lingxinbao, which opened the information on Lingxinbao. It contained news from various countries, and All kinds of articles, pictures, and videos, of all kinds, quickly became popular within the circle of Lingxinbao.

The equity trading rules (preliminary version) formulated by Wang Yuan were also released through the Zixun Express. Every day, there are new news about the listing of shares in the Zixun Express. People followed the news and asked about the specific situation, and Wang Yuan arranged for people to answer.

One month later, companies successively approached the stock exchange to inquire about listing.Wang Yuan's people began to screen, those who are too small will definitely not work, those with chaotic equity will not work, those who do illegal business will not work, those without core profits will not work, and those whose establishment time is too short will not work...  

Those who pass the initial screening still need to be audited and approved by the stock exchange. Before the listing of Lingkuang Mining Company, [-] companies have passed the approval of the stock exchange.However, their listing time was scheduled to be one month after Lingkuang Mining Company was listed and traded. Now they are going to put all their efforts into the equity issuance of Lingkuang Mining Company, and the first shot must be fired.

Soon the time for the initial issuance will come. During the three-day subscription period, all monks who have opened an equity trading account can transfer funds to the account designated by the equity exchange through their own accounts, and the final total number of subscriptions will match the number of issuances. If the subscription is insufficient, it will be easy to handle. All applicants can buy the shares. If the subscription is excessive, it is necessary to determine who has the right to buy new shares by way of lottery.

The shares released by the Lingkuang mining company this time are 8000 million shares, and each share is priced at [-] low-grade spirit stones.

Three days later, the total number of subscriptions was more than 800 million shares, and the remaining 100 million shares were bought by investment banks.

Everything about a listed company needs to be disclosed. At present, Lingkuang Mining Company has a total of 2000 million shares, the three major families hold 2000 million shares, and investment banks have purchased [-] million shares before the issuance.However, these [-] million shares are the same as those of the three major families. They cannot be listed and traded now, and they will not be listed for circulation until five years later. This is to ensure the normal operation of the listed company.

Coupled with the underwriting of more than 100 million shares, the investment bank has become the largest shareholder of Lingkuang Mining Company.However, the investment bank has an agreement with the Spirit Mine Collection Company, and the investment bank does not get involved in the operation decisions of the Spirit Mine Collection Company.

Among the top ten shareholders disclosed, apart from the three major families and investment banks, Quguan ranked fifth, holding 500 million shares.

Wang Yuan did not formulate a regulation that officials should not purchase equity, and in fact he has no right to make such a regulation, but he still stipulated that employees of First Bank, Investment Bank, Equity Trading Center, and National Bond Trading Center are not allowed to purchase equity. These people may be more or less related to listed companies, and insider trading will occur.Wang Yuan also consciously abided by the rules and did not purchase equity.

The next few major shareholders are basically held by friends of the three major families, but not too many, one to two million shares.

The news of the stock listing has been very hot. After half a month, the long-awaited opening of the shares of the Lingkuang Mining Company has arrived.

Like treasury bonds, equity exchanges trade only three hours a day.

The scene Wang Yuan learned from his previous life arranged a gong in the stock exchange, and the first sound of the gong was played by Wen Xiao, the head of the Wen family.

The stock listing transaction of Lingkuang Collection Company officially started, and the whole process was broadcast live on the Lingyu Information Express, which attracted great attention.

Over the past year or so, the number of treasury bond accounts has increased from more than 500 to more than 20, and the growth rate is still increasing.

With the opening of a national debt account, many people open one first after hearing the account opening instructions for an equity trading account, regardless of whether they understand it or not.When applying for the shares of Lingkuang Mining Company, more than 3000 accounts made payments.This has actually exceeded Wang Yuan's expectations.

However, when the real listing and trading started, there was a brief silence.

Wang Yuan hoped that the market would be able to trade on its own, so he did not issue a trading order immediately.

Some people in the market tentatively listed the prices of seven low-grade spirit stones, eight low-grade spirit stones, and the most exaggerated ones listed the price of twenty low-grade spirit stones, which is obviously a nonsense.However, there is no price limit on the first day of stock listing, so the bid is not limited.

Equity transactions can be realized on Lingxinbao, which is as simple as treasury bond transactions.During this time, the treasury bond market was booming, and the entire treasury bond trading hall was filled with shouts and running sounds. If it weren't for the fact that flying was not allowed here, the place would have been in chaos.

In contrast to the treasury bond trading hall is the equity trading hall, where everyone is looking at you.

Wang Yuan sighed, and was about to give an order for stock trading.

Suddenly there was a deal. It turned out that someone had applied for shares and found that there had been no transactions for a long time. Some worried that their shares would not be sold, so they listed the price of six low-grade spirit stones.In the end, someone actually made a move.

Although only five lots were sold, the transaction price and quantity were displayed on the jasper screen, which immediately aroused discussions in the trading hall.

Then there were transaction records one after another, but they were all at the price of six low-grade spirit stones.

Well, Wang Yuan doesn't intend to interfere, the original price is the original price, as long as there is a transaction.

Suddenly, a big buy order appeared in the market, and all the orders with the price of six low-grade spirit stones were sold out in an instant.

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