My fintech empire.

Chapter 1315 [Raise a hand and promote the first case to form a demonstration effect]

The current situation of small and medium-sized start-ups is that retail investors are no longer interested in playing. No matter whether you are a good stock or not, you will be collectively blacklisted.

Although retail investors do not have the ability to overturn the table, they can choose to leave the table.

The leeks in their eyes all ran away, and as a result, only a few sickles were left on the table, staring at each other. After a while, they couldn't hold on any longer and fell into a situation of fighting with the sickles to cut each other down.

And the impact does not stop there, it is actually gradually triggering a chain reaction.

Before the first half of the year, there were still a lot of people rushing to buy new shares of small-cap stocks listed on the main boards of the two neighboring cities, because if you won the lottery, you would basically make a profit, and most of the time you could double your returns.

But as time goes by, the profits from winning the new stock lottery are getting less and less.

Because fewer and fewer people are speculating in secondary new stocks, and the reason for this is that they are affected by the miserable situation of small and medium-sized start-ups, which have been cut in half, cut in half again, and cut to the bone again, without any rebound. Who can bear this?

People who engage in speculation know that junk stocks account for the majority. They are willing to speculate because others have done so before. But now that a new exchange has emerged, small retail investors are no longer interested, which means that there is a fault in the entire food chain ecological structure, and collapse is only a matter of time.

It doesn't take much professional ability to understand this, so fewer and fewer people are speculating in new stocks and the enthusiasm is getting weaker and weaker, which further affects the returns from new stocks.

If the previous situation was one of riding a donkey to look for a horse, then now it has reached a new level. People want to kill the donkey before they even find the horse. To put it bluntly, it is difficult for newly listed stocks to achieve double the returns. More people are eager to cash out and leave, and each one is running faster than the other.

There is no doubt that if this trend continues, investors' enthusiasm for new stock issuance will become lower and lower, the issuance of new stocks next door will also be under pressure, and the primary market will also be impacted.

At this moment, Fang Hong looked at the materials and smiled: "So the company can't stand small and medium-sized enterprises. The market value is seriously oversold, and the asset prices are seriously undervalued. It's fine, but if you don't use crooked ideas, you won't be able to raise funds."

Tian Jiayi nodded: "That's right, the boss of this company just wants to run the business in a conservative way and doesn't want to take any crooked path, so he wants to delist and relist on the SGX."

What prompted the company to come up with this idea and put it into action was the failure of its most recent market refinancing plan of 7.5 million yuan. Unless it had some evil intentions and cooperated with those financial rentiers to transfer profits.

But he doesn't want to take this path, at least not until the SGX rejects him.

You have to know that the top-level design of the SGX market is there. It is really not easy to make money in this market with easy entry and strict management. The boss of the company naturally understands these things. The fact that he still wants to re-list in this market shows to a large extent that this boss is a good person.

Finally, Fang Hong smiled leisurely, threw the materials aside and immediately made a decision: "The company is good, and the boss is also very good. It is not reasonable for us to watch him being dragged down and go down a path of no return. Let's give him a hand."

Tian Jiayi couldn't help but smile when he heard this: "I knew you would make such a decision."

This is definitely a good thing for the SGX market. As long as this example is established and has a demonstration effect, more people will follow suit. Although the small and medium-sized innovative stocks next door are generally garbage, there are also good stuff in the garbage dump.

Now, because small and medium-sized enterprises are indiscriminately blacklisted by funds, some truly good stocks and good companies are also implicated. They feel both aggrieved and wronged. This wave of bad money driving out good money can be said to be an unprovoked disaster.

As long as the first case is facilitated and a demonstration effect is formed, it will definitely attract a number of good companies and good stocks to voluntarily delist and then switch to the SGX market. This is certain.

Fang Hong moved his body to lean towards the beautiful assistant and added: "Not only should we give him a thumbs up, but we should also give him priority in processing. As soon as the company is delisted there, we will immediately arrange for it to be re-listed on the SGX IPO at lightning speed, and the company name does not need to be changed."

Hearing this, Tian Jiayi was slightly stunned. After reacting, he couldn't help but say: "Are you sure you want to play like this? Isn't it too disrespectful to the neighbors?"

Just after being delisted from your market, it stepped into the door of the Singapore Exchange. This behavior is simply disgust written on its face. It is so shameless.

"When those people attacked me and SGX before, I didn't settle accounts with them. Wasn't that enough to give them face? If the higher-ups hadn't intervened to stop me from escalating the conflict, haha..." Fang Hong said with a hint of sarcasm, "Now it's not me who actively poached people. It's them who didn't do their job and forced people to come and join us. We also follow the rules. It would be against the rules if we were to refuse people when it complies with the SGX market regulations."

There is no doubt that once this momentum starts, the few good stocks in the small and medium-sized stocks next door will all run away, and then there will basically be only a group of evil spirits left to fight each other with their inward-rolling sickles.

Tian Jiayi thought for a moment, then said, "I know you want to create a demonstration effect by promoting the first case, so as to attract more high-quality companies to join you, but the neighbor may not let go easily. Now this company has also secretly sent people to test the waters."

Fang Hong smiled and said, "In that case, the boss of this company is quite rare."

From the perspective of the company's boss, this behavior carries a huge risk. What if he comes to sound out the situation but gets turned away, and then the rentiers next door know his idea, then he will definitely suffer the consequences, and forget about raising funds in the future. Even if he is willing to be dragged down, he will not be given the opportunity, but will be finished immediately.

After a moment, Fang Hong said calmly: "Your concern is valid, but it's useless. It's hard for you to go public, and it's not easy for you to withdraw, right? For those who want to leave after losing their heart, you can't stop them no matter how many barriers you set."

Tian Jiayi thought about it and nodded: "That's right."

If the company's application for delisting is not approved, then I will ruin the company's performance. It is difficult to run a company well, but isn't it easy to ruin it? In fact, it is just changing the cage and getting out of the shell, and all operations are legal and compliant.

At worst, a shell will be left here, the real body has already escaped.

Even if we take a step back and say that it is a violation of regulations, the maximum penalty according to current regulations is only a few hundred thousand yuan.

Therefore, if someone is determined to leave, there is no way to stop him. The key lies in whether his determination to leave is firm enough.

What Fang Hong needs to do is to make those who want to leave determined enough, and then added: "One more thing, when the company is listed on the SGX market, we will arrange for a few market makers to help it increase its market value to around 300 billion and stabilize its stock price."

Tian Jiayi immediately made a memorandum of the matter.

This treatment can be regarded as super-standard treatment, but just because he is the first to try it out and has made potential contributions to the SGX market, he deserves this high-standard treatment.

By then, others would see that this company was almost dying among the small and medium-sized start-ups, and finally fought hard, voluntarily delisted, and was relisted on the Singapore Exchange, and was fully revived. Not only did it raise funds, but its market value also doubled.

Other similar companies are facing similar situations. How can they sit still after seeing this successful case? It will definitely trigger more people to follow suit.

……

(End of this chapter)