My fintech empire.

Chapter 1330 [Grazing and Fish Farming Stage]



Chapter 1330 [Grazing and Fish Farming Stage]

Chapter 1330 [Grazing and Fish Farming Stage]

Fang Hong finished reading the latest material report of Sigma Fund and nodded with satisfaction. After thinking for a moment, he ordered: "Tell Baselitz that there will be another round of Bitcoin market, and the target price is 3 US dollars."

Tian Jiayi on the side immediately took notes, and Fang Hong also gave instructions on other investment types.

Finally, Tian Jiayi looked at Fang Hong and said, "From what we have seen so far, your 'God-making Plan' is going very smoothly. Some financial media on the Internet even compare you to Sigma Baselitz."

Fang Hong smiled: "Very good."

The Sigma Fund is an ultimate pit that Fang Hong set up for the gang of insiders, runners, and colonists. In order to set up Sigma Baselitz, the Sigma Fund achieved amazing results and demonstrated its strength. Let them make money and taste the sweetness first. After making money, they must not be allowed to redeem the funds. They must be guided to magnify the greed in their hearts so that they choose to continue investing to make money.

Currently, the investors of Sigma Fund are very diversified. Not only are there Western investors, but also Squid Capital has absorbed a portion of them. In addition, those runners, insiders, and colonists are also included. They already account for about 27% of the assets of Sigma Fund, and the proportion will continue to expand in the future.

In order to consolidate Sigma Baselitz's personality and the Sigma Foundation's entrustment of Runren's assets, Fang Hong also let him marry a Chinese woman, which provided a reasonable logical support for the Sigma Foundation's entrustment of Runren's and Colonizer's assets.

In the eyes of outsiders, this group of people opened up the relationship through Sigma Baselitz's wife, and then began to split, with middlemen introducing other middlemen.

We are still in the stage of grazing fish farming, and there is still a long time before we collect the nets and start slaughtering the fish. Don't be in a hurry, just take it slow.

After a while, Tian Jiayi looked at Fang Hong and said, "Oh, by the way, there is one more thing. Blue Ocean New Materials will be listed on the Singapore Exchange on Wednesday, February 2."

Fang Hong glanced at the ceiling and estimated, "Then it will be the day after tomorrow. This means we have fulfilled our promise to help it get listed again within February."

Blue Ocean New Materials was the company that voluntarily delisted from its neighbor and relisted on the Singapore Exchange in December last year. The company's boss has been doing this for the past three months.

During the penultimate trading day before the Spring Festival this year, Blue Ocean New Materials successfully delisted from the ChiNext board. Neighbors did not know that this company would go to the Singapore Exchange for IPO and relist after the delisting. If they had known this, it would not have been possible for the company to delist so smoothly.

Tian Jiayi smiled and said, "Blue Ocean New Materials is now gaining popularity. I guess the neighbors are really angry about this company and must be regretting it very much."

No, it really makes me angry.

At that time, I was very confused why Blue Ocean New Materials would choose to delist voluntarily. You know, other listed companies have tried every means to avoid being forced to delist. The neighboring market didn’t think much about it at the time. Since they wanted to delist, they would just delist.

As a result, after the Spring Festival holiday, on the first working day after the holiday, Blue Ocean New Materials directly announced its application for registration and listing on the SGX. Three days later, that is, today, the SGX market approved it at the speed of light and confirmed that it will be officially listed the day after tomorrow.

The neighbors were stunned...

When seeing that the SGX market arranged the IPO of Blue Ocean New City with such high efficiency, the neighbors quickly understood what was going on. They were so angry that they cursed in secret and regretted letting Blue Ocean New Materials delist so smoothly.

Now even many retail investors understand the mystery and say that Blue Ocean New Materials' back-stabbing operation was brilliant.

At the moment, the investment circle, the stockholder circle, etc. are all discussing this matter, and more and more people have understood what is going on. It is okay for Blue Ocean New Materials to backstab and ridicule, but the key is that this has caused a higher level of blow to the neighbors.

Once the first case demonstration appears, those truly good small and medium-sized start-up companies next door will definitely not be able to hold back and will abandon it one after another and immediately embrace the SGX market.

This is indeed the case. Just after they confirmed that Blue Ocean New Materials would be listed on the Singapore Exchange on February 2, which is the day after tomorrow, Wednesday, some truly good small and medium-sized start-up companies next door were all delighted.

Especially for some companies facing similar dilemmas as Blue Ocean New Materials, their bosses slapped their thighs when they saw the news, and asked themselves why they hadn’t thought of this path. However, even if you are not the first to try it, it is not too late.

The case of Blue Ocean New Materials made them understand the attitude of the SGX market: as long as you are a good company, as long as your situation is similar to that of Blue Ocean New Materials, and as long as you are willing to come, the door of the SGX will always be open to you.

This venue can not only provide you with financing support, but also your company's stock price will be reasonably reflected and will not be underestimated.

Many small and medium-sized enterprises and their bosses who have already listed on the stock exchange have already begun to think about how to delist and re-list on the SGX. Under such circumstances, it is easy to imagine what kind of blow this will bring to the already extremely poor small and medium-sized enterprises. It is simply a super double blow to the situation.

As expected, when the market opened the next day, Tuesday, February 2, small and medium-sized start-up stocks plummeted and funds fled in a stampede.

The ChiNext Index plummeted by -4.76% at the opening, with the maximum intraday decline approaching 6 percentage points, directly falling below the 1500-point mark to set a new historical low.

However, at 13: p.m., a small-cap stock suddenly rose sharply and hit the daily limit. The reason was that a short essay that was published in the market caused the company's stock to rise sharply and hit the daily limit.

This short essay claims that an insider revealed that the company also plans to re-list on the Singapore Exchange.

In fact, this is just a crappy stock, but the market maker inside it accurately seized this opportunity, and the market really bought it. The market maker lurking in the stock didn't even put in any effort, and the funds pouring in from outside the market directly pushed the stock price to the upper limit.

As the news spread, small and medium-sized start-ups began to perform unexpectedly magical performances. In the afternoon, many stocks began to rise. At the same time, the ChiNext Index, which had fallen by 6 percentage points at one point, also began to rebound continuously.

Some good companies among small and medium-sized enterprises, or companies considered good by market funds, were rising in the afternoon.

This is interesting. A whole new story is born. The new logic behind the influx of funds for speculation is that if you are a good company, you want to delist and you need to be listed on the Singapore Exchange.

"It's worthy of our A-share market. It can have such a spectacle. The rise is because of the expectation that you will be delisted. You really know how to play..." A hot money investor who was watching the market was amazed. He also followed suit and was one of the people who reacted to the market faster. He realized that the market style was beginning to change.

Anyway, it’s just hype. The first to come will eat the second. It would be a waste if you don’t take advantage of it.

This is indeed enough to be called a spectacle. Under normal circumstances, if a stock faces delisting, it will basically hit the limit down.

Now the situation is completely reversed, and companies with greater delisting expectations are more favored by funds.

After the closing, the ChiNext Index directly rose from the deep water area and turned red, and finally closed up +0.27%. Investors exclaimed that today was a miracle day for small and medium-sized enterprises, especially the ChiNext Index which ended in the red.

The rebound in the afternoon was absolutely unexpected. Small and medium-sized start-ups have suffered too much, and now it is a retaliatory rebound. In this period of time, many "gods" have been suppressed for too long and dared not move. Now that such a wind has come, they can't hold back and take this opportunity to quickly pull up, either to get out of the predicament or to make as much profit as possible.

……

(End of this chapter)


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