Chapter 85 We can only befriend Lin Chuan.
Chapter 85 We can only befriend Lin Chuan.
Inside the president's office at Jinsheng Capital.
Dong Junhe said with a smile, "It's fortunate that President Han insisted on not withdrawing despite the opposition, otherwise we would really regret it."
Hearing this, Han Jin was in a great mood.
He was holding a document, which was a printed copy of the national ban on the import of foreign waste.
No wonder Lin Chuan gave the seven major investors a chance to withdraw their investment.
Thankfully, they didn't retreat, otherwise they would be devastated right now.
Han Jin stared at the document and couldn't help but say, "It seems that Lin Chuan's background and influence far exceed our expectations."
Upon hearing this, Dong Junhe was taken aback: "You mean, the reason this document was approved is because of him?"
Setting the document aside, Han Jin slowly said, "I can't be 100% certain, but then again, the policy banning the import of foreign waste—why was it announced so soon, right after DeepBlue Technology's plasticizing microbial community technology was commercialized? The timing is just too perfect, isn't it?"
Dong Junhe was astonished. If this document was issued at this time because of Lin Chuan or Deep Blue Technology, he was surprised.
"This person's background is truly terrifying," Dong Junhe said to himself. "It seems that we can only befriend Lin Chuan and try our best not to antagonize him."
Han Jin nodded: "That makes sense."
At this moment, not only Jinsheng Capital, but also the other six major investors who invested in DeepBlue Technology were in high spirits, their previous gloom completely gone.
They were all glad they hadn't backed out and had chosen to believe in each other to the end.
If we withdraw, we'll really regret it; we'll have lost a fantastic investment opportunity.
Now, these seven major investment institutions no longer have any doubts about Lin Chuan spending 80 billion yuan to build his headquarters and venturing into projects in other fields.
Let's do it. Even if it goes down the drain, it doesn't matter. Anyway, this company will be even more profitable in the future.
Moreover, the agreement signed by the seven major investors guarantees the principal return, and Lin Chuan will repurchase the shares at the premium stipulated in the agreement.
With such a strong expectation of making big money, there's nothing to worry about.
On the contrary, at this time, the seven major investment institutions even wanted to hold the equity indefinitely and did not want Lin Chuan to repurchase it, as they could definitely make more money by selling it on the secondary market later.
But that's just wishful thinking; the agreement has already been signed.
No matter how high DeepBlue Technology's stock price rises, even to the sky, it has nothing to do with them, as they cannot sell the shares they hold.
In the future, when Lin Chuan initiates a share repurchase program, it will not be based on the current share price.
Instead, according to the agreement, the investment amount is used as the base each year for repurchase at a fixed premium, which means that the rate of return on investment is relatively locked in.
However, this also gave them a stable expectation of returns.
With the risk significantly reduced, the returns will naturally be relatively lower.
……
The date is Monday, September 3rd.
At around 9:32 a.m., a retail investor named Shi Xiao watched as his DeepBlue Technology stock finally turned red, and he felt a great sense of relief.
A few months ago, he bought at the peak, with a cost price of 18.02 yuan.
The day I bought the shares happened to be the day Deep Blue Technology peaked, and I immediately suffered a limit-down on that day.
Originally, Shi Xiao was expected to exit with a small loss of 0.6 percentage points after more than half a month.
But at that time, Shi Xiao chose to hold the stock. He felt that Deep Blue Technology was about to embark on a new major upward trend. He was unwilling to accept that he had been trapped for 20 days and even lost money. He felt that if he had bought it before the second wave of the market took off, he would have regretted it.
Unexpectedly, DeepBlue Technology not only failed to achieve its main upward trend, but instead suffered a sharp decline due to a series of negative news.
The stock price plummeted to 6.88 yuan, and Shi Xiao's unrealized loss widened to -61.78%, with the maximum unrealized loss of 50 yuan exceeding 30.89 yuan.
Shi Xiaoren was completely numb, and he deeply regretted not selling when the price rebounded to near its high point.
During the months when DeepBlue Technology's stock price fell, Shi Xiao hesitated at first, then held onto hope, waiting for a rebound before cutting his losses. As a result, his unrealized losses grew larger and larger, and he became increasingly reluctant to cut his losses, eventually losing half his investment and becoming deeply trapped.
When the losses reached -60%, he became completely numb and simply chose to lie down and play dead.
I don't even bother to check my account; I'm completely unfazed when it drops four or five points a day.
Today, DeepBlue Technology opened at 18.46 yuan and hit the daily limit again. In the past ten trading days, it has experienced an epic 10-day winning streak, which is a super main upward wave. Moreover, all 10 of them were limit-up days.
Shi Xiao's position in DeepBlue Technology has also turned from loss to profit, with a current unrealized profit of +2.4%, a portfolio value of 51.22 yuan, and a profit of 1.22 yuan.
Just then, Shi Xiao, who was watching the market closely, noticed that the buy orders on the limit-up board of Deep Blue Technology had decreased sharply, and the trading volume had begun to increase.
Seeing that the price was about to hit the daily limit, Shi Xiao quickly sold all his shares with one click.
Shortly after the transaction was completed, DeepBlue Technology's limit-up price was broken, and the stock price quickly dropped by 5%.
"Phew... thankfully it sold."
Shi Xiao breathed a sigh of relief. He had thought this ticket would trap him for at least five or even ten years, and he was even mentally prepared to be trapped for ten years.
Unexpectedly, he recovered his losses every few months and even made a small profit of 1.2 yuan.
At this very moment, DeepBlue Technology's trading volume reached 17 billion yuan in just three minutes, breaking the stock's historical record for the largest daily trading volume.
Just when Shi Xiao thought this market trend was about to end, DeepBlue Technology's stock price surged again and hit the daily limit, with daily trading volume expanding to nearly 20 billion yuan. The amount of buy orders at the limit price quickly piled up to more than 30 billion yuan, sealing the limit price.
"Oh no, did it fail to sell?"
Shi Xiao stared in astonishment at Deep Blue Technology's intraday chart. He hadn't expected it to rebound so strongly and vaguely realized that he had sold too early.
After a moment, Shi Xiao comforted himself, saying, "So be it. It's already a blessing that I managed to break even and make a small profit of about ten thousand yuan."
With such a large trading volume today, many retail investors who were trapped at the peak are now selling to break even, and many investors who have made profits are also choosing to cash out.
The majority of the funds that took over the positions were from institutions, including public funds, private funds, and even speculative funds that came to engage in short-term trading.
These large institutional investors chose to buy at high prices, clearly indicating their optimism about DeepBlue Technology's growth prospects.
In fact, institutions also want to acquire low-cost shares, but they didn't enter before the first limit-up, so they couldn't get low-priced shares at all.
DeepBlue Technology's management did not cooperate with the institutions in creating negative news, and the institutions themselves also spread a lot of negative rumors, but they did not scare off panic selling.
After the government announced a ban on the import of foreign waste, DeepBlue Technology's growth prospects were boosted dramatically overnight.
There are simply too many funds queuing up and grabbing shares overnight every day, so the only option is to help those retail investors who are stuck with their positions get out of the trap and then take over their shares.
After ten consecutive limit-up days, DeepBlue Technology's stock price rose for another two consecutive days in the following two days.
Furthermore, it closed positive for the next three trading days, achieving a 15-day winning streak, including 12 consecutive limit-up days.
Previously, after resuming trading following a backdoor listing, the stock only experienced an 11-day winning streak. This current super upward wave is even stronger than that one.
On Monday, September 10, DeepBlue Technology's stock price hit a record high of 25.49 yuan during trading, corresponding to a market capitalization of 1613.26 billion yuan.
Since bottoming out at 6.88 yuan, the stock has seen a cumulative increase of 270.49% in just 15 trading days, and since its backdoor listing, it has achieved a cumulative increase of 583.37%.
……
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