usatvline Chapter 900 opens!
Chapter 900 opens!
Hu Feng, one of the partners of Huada Fund, who was sitting next to Ge Weimin, also frowned at this moment.
"Boss Ge, I have already notified everyone below. Once the stop loss line is reached, liquidate the position immediately!"
Ge Weimin nodded slightly. He also knew that this was part of the agreement with Su Yang.
After all, out of the total investment of 500 million yuan, 400 million yuan came from Huada Fund.
If you don't sell in time, there is a high possibility of a margin call. A margin call means that the stock price drops too fast and the securities company does not have time to sell it, or when selling, it cannot find a buyer.
Sometimes, you can only watch the stock price fall all the way, so when you use leveraged funds, investors will not only lose all their principal, but sometimes they will even owe money for the funds.
In this magical market, there is nothing you can’t lose, except what people can’t think of.
All kinds of strange ways to lose money emerge in an endless stream.
Especially the 500 million investment from Huada Fund is a huge amount, so almost all the senior executives of the fund gathered here.
"Don't be too nervous. We can't say for sure how the market will perform, but at least there are still some buyers in Shenzhou Tai'an..."
"What's more, the news that we invested 500 million yuan in Shenzhou Tai'an has already spread, and there will definitely be people in the market who will follow suit."
"At least it won't fall below the issue price..."
Ge Weimin comforted the executives on the scene with a few words, but he knew in his heart that the stock price would not fall below the issue price of Shenzhou Taian.
But as Su Yang said, an increase of more than double within a week is still very small.
Ge Weimin's only hope is that the stock price can rise for two consecutive days so that they can take out the 500 million yuan of funds in their hands and make a net profit of more than 100 million yuan.
Including the 200 million invested by Su Yang, Huada Fund can at least quench its thirst.
Of course, with an investment of 200 million yuan, it is impossible for Huada Fund to give Su Yang the 30% stake he wants.
But if this investment is successful, it will also prove Su Yang's courage and vision.
He still needs this kind of shareholder.
As time passed, the senior executives of Huada Fund present were roughly divided into two factions.
One group of people shared Hu Feng's idea, thinking that this investment might not make money and hoping to withdraw the 400 million yuan from Huada Fund before losing all the 100 million yuan from investors.
The remaining group has similar ideas to Ge Weimin, thinking that they can make money, but the profits are limited.
Almost no one was optimistic that Su Yang's investment could earn more than double the profit as expected!
At 9:15, the call auction began and there were immediately a lot of buy orders. A group of institutions that had signed investment agreements with Shenzhou Taian and those that had shown interest in Shenzhou Taian during the IPO roadshow began to buy in a concentrated manner.
Shenzhou Taian's stocks, which were originally in black and white, turned red in an instant, and then soared straight up...
“Three percent!”
The analyst who was responsible for watching the market was reporting on the situation of the Shenzhou Taian call auction.
Ge Weimin clenched his fists. During the call auction from 9:15 to 9:20, orders could be placed and cancelled.
Within these five minutes, the trading platform mainly tries to match buying and selling after the official opening at a suitable price.
In other words, although the trading volume within these five minutes exists, it may be false and may not be that firm.
Once the momentum is not right, a large number of people may cancel their orders. Except for some non-circulating shares, some remaining institutional investors with no time limit for lifting the ban may choose to sell their stocks for fear of falling below the stock issue price.
But in this case, if the stock price continues to fall, there is a high possibility of stampede and even loss of confidence among investors.
If a listed company's stocks cannot be sold out at the opening price on the first day of listing, the price will have no choice but to go down.
In addition, on the first day of listing on the GEM, there are trading rules with no restrictions on price fluctuations.
If it falls, it may not rise again for several years...
This is what is commonly known as a stock breaking the issue price, which means the stock price falls below the issue price.
Ge Weimin's palms were sweating, and Hu Feng next to him was also staring at the market, not daring to blink.
"Five percent..."
"Seven percent..."
“It has exceeded 10 percent.”
The ups and downs of the time-sharing line and the ups and downs of the call auction seemed to be beating in the hearts of Ge Weimin and all the senior executives of Huada Fund. They have been engaged in the investment industry for so many years, but few of them have entered the secondary market.
Except because the Securities Law prohibits securities practitioners from holding or buying stocks during their term of office.
Moreover, transactions in the secondary market are actually a game between human nature.
Most people cannot go against human nature. Greed, profit-seeking, and selfishness are animal instincts and are also necessary conditions for human survival.
Once you lose these, you may be able to gain enlightenment and achieve victory, but while destroying your humanity, it also means that money and trading have lost their meaning to the investors themselves.
Of course, more than a decade later, with quantitative trading and large institutions occupying the top of the financial industry, all these concerns no longer exist.
However, at this moment, every beat of the K-line chart seems to affect the pulse of the senior executives of Huada Fund.
This was a huge gamble, a gamble that they were not optimistic about, but now, it seemed that the development of things had deviated somewhat from their imagination...
Ge Weimin swallowed.
At 9:20, the first phase of the call auction ended.
However, the trading volume of Shenzhou Tai'an was still increasing, and the transaction prices next to it were also going up. From 9:20 to 9:25, during the five minutes in between, investors could still place orders, but they could only place orders and could not cancel them.
Therefore, the stock price of Shenzhou Taian is still rising.
At 9:25, the call auction ended, and the share price of Shenzhou Taian had steadily risen by 11%!
But at this moment, trading stopped, everything was quiet, and the stock price no longer fluctuated.
The two short-term indicators, MACD and KDJ, move upward at the same time, forming a golden cross, which means that the short-term moving average of the stock exceeds the long-term moving average, forming a strong buy signal.
The opposite is the death cross. When multiple technical indicators form a death cross at the same time, it means that the stock price weakens and begins to reverse, which forms a strong sell signal.
In other words, Shenzhou Tai'an is now in a strong upward trend!
Ge Weimin's hands were shaking. He looked at Hu Feng who was sitting opposite him and said, "Boss Hu, this investment by Shenzhou Taian..."
Before he finished speaking, Hu Feng sighed.
"The market has just opened, this 11% increase doesn't mean anything!"
"It still depends on the closing situation..."
"What's more, the investor you found said that he would double the money in a week!"
"The 500 million we invested has only earned 55 million..."