City Start Striving for Becoming a Rich Man

Chapter 123

But you really made them spend so much money;

They can’t take out one of them, even if it is reduced by 10 times, they can’t take it out.

The richest man is just a nice name for them; the most important thing is the role of advertising.

But some big families can come up with real wealth that can exceed trillions, rather than seemingly valuable stocks.

The value of the stock is actually in the hands of their families.

Like some high-tech companies’ multiple financings, it is not only to raise funds, but also a process of financing “rights.”

In the rounds of financing, in fact, all the powers that have the right to speak have been merged into shareholders.

Or the capable shareholders have settled down, just as the so-called arranging the results.

…

Less than a month after the TV station went public, the story of Xiangjiang has reached a crazy situation at the end of the bull market.

People in the city no longer care about the international situation, nor do they care about the future of the city.

Everyone pays attention to the rise and fall of stock prices and the latest news in the stock market.

At this time, there is already a crazy situation at the end of the bull market. The news that the people of Xiangjiang pay attention to is not international news.

It’s not a question of Xiangjiang’s future either. Everyone is concerned about the rise and fall of stock prices and the latest news in the stock market.

In order to facilitate more investors to invest, Securities Bank 17 has extended the previous four hours of trading time.

Even Saturdays and Sundays are no longer closed.

The third period of the bull market appeared in the legendary Dow Theory.

There are many obvious features in this market for us to distinguish;

The first is that the trading volume of stocks will get higher and higher;

This reflects that more investors have entered the market. Every time the market adjusts, it is not to make investors leave the market, but to attract more investors to follow up.

The investment sentiment in the market is high, and investors are full of optimism.

Stock market trading has become the focus of public attention. Newspapers continue to report about the stock market, and it will also be the headline news.

The topic of the stock market is always inseparable from the conversation between relatives and friends, and market news is flying all over the sky.

There will be many rumors around you that say “I have a relative who has inside information”.

This is what I said earlier that even the aunt who sells vegetables is stubborn and scumbags.

In addition, positive rumors of the company continue to emerge, such as profit doubling, acquisitions, mergers, and so on.

Listed companies are also constantly taking advantage of the time to raise capital, or give or split shares to please small shareholders.

At the end of this stage, the market was extremely speculative, so junk stocks and unpopular stocks continued to soar, and stocks of companies that had not paid dividends for a long time and had financial problems continued to soar.(Read more @ wuxiax.com)

On the contrary, industrial companies with better performance and deliberate development do not have much fascinating good news and are not sought after.

When this situation reaches a certain extreme, the market will collapse.

When Yihe Holdings announced its results, it announced that it would give away four B shares with a par value of two cents per ordinary share in the form of bonus shares.

B shares are equivalent to 1/10 of the current par value of three ordinary shares, with a total of 1.65 billion shares issued.

Just as people in the investment community were still talking about this, Li Bancheng also jumped out and announced that two shares were given one B share.

In fact, B shares are no longer a new thing. They existed as far back as the first frenzy of the Hong Kong stock market in 1973.

Now that Yihe’s old dramas are new, they are so popular, arousing strong reactions from all walks of life.

What’s the reason? Before understanding the reasons, let us first understand the motivation for issuing B shares and the benefits to major shareholders.

Normally, listed companies only have ordinary shares;

Let the company issue another new stock with a different face value but equal voting rights in addition to the common stock. We are customarily calling it B shares, while the original common shares are called A shares.

Usually, the par value of B shares is only 1/10 of ordinary shares, but they enjoy the same voting rights as A shares and proportionally equal other rights. This is the biggest advantage of B shares.

After the issuance of B shares, major shareholders can control a company absolutely and effectively as long as they hold a sufficient number of B shares, and the required capital will decrease due to the reduction in the face value of B shares.

Ni Shixiao knows that the major shareholders are mainly motivated to issue a large number of shares. The company may have large-scale investment or issue B shares before the acquisition, so that it has no worries about the structure of its control;

Or they are unwilling to hold common stock, but want to continue to control the company under their name.

Regardless of the purpose of these large company shareholders for issuing new shares, it should be similar to Ni Shixiao’s motivation.

This also directly resulted in a large number of rights issues on the stock market.

Even if there is no Black Monday that will occur this year, the Hong Kong Stock Exchange will continue to issue a large number of rights issues.

As long as the funds can’t keep up with the pressure of rights issue, stock market crashes themselves will happen.

There is an old saying that, when the country is about to die, there must be evildoers.

Now it can also be said that in the event of a disaster, there must be a demon stock.

At the end of the bull market in 1981, the demon stock of Carrian appeared, and this demon stock made Ni Shixiao the second pot of gold.

The stock market went higher and higher, and by the end of September, the air in the entire city began to boil.

Gradually, the stock market went higher and higher, and the time soon came to the end of September 1987, and the air in the whole world seemed to start to boil.

Soon the Hang Seng Index hit a new high of 3949 points, and the market oscillated at a high level.

The cash that Ni Shixiao cashed out this time was also invested in the stock market, and along with it, he used a twice as small leverage.

It also earned 1.5 times the profit in half a year.

It can also be seen from here how crazy the stock market is now.

There is also a bit of a negative story here. Several smart people who can foresee a sharp drop in the Hang Seng Index are full of short positions, but they have lost their fortunes.

This has to be said to be a tragedy.

If they are not so cruel and dissatisfied with entering the market, but leave some margin, maybe the next stock market myth is them.

When the Hang Seng Index reached 4000 points, another demon stock on the market was preparing to go public.

This time the listing is the “Big Rich Nightclub” that Ni Shixiao occasionally visits.

Shareholders are all talking about it, and they are very surprised how the company’s assets should be calculated.

Can the young ladies in the nightclubs be regarded as company assets, are they fixed assets or current assets?

Many professionals complained in the newspapers: “If all the rich and powerful can be listed, then Star and Hongxing can also arrange the listing.”

This can actually be seen as a symptom of the stock market crash, and many smart people are actually cashing out and leaving the market.

More smart people who can see the imminent disaster are too greedy and refuse to leave now, always thinking that they can wait!

Just as Xiangjiang was caught in such an atmosphere, Ni Shixiao was already packing up and preparing to set off for American.

His main hunting ground is still Emerican.

This time he will take Li Jiajia and Zhao Nianlei together.

Ni Shixiao intends to send Li Jiajia to the language school of American for two years, and then find a way to send it to a prestigious university.

He didn’t plan to put Jiajia in the entertainment industry again.

And Leilei is going to let her receive aristocratic elite education from an early age. .

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