Xiangjiang is a mature financial market.

Whether the financial market is mature or not is actually composed of many factors. However, after so many years, many loopholes and many accidents have occurred. However, over the years, many rules have been repaired and established in the faults of loopholes. Until now, it has been considered a mature financial market.

As for whether there are loopholes in this mature financial market, no one is sure of it, there must be loopholes.

Not to mention Xiangjiang, even the financial market of the United States has loopholes. They are more mature than Xiangjiang's financial market.

Perhaps it is precisely because it has matured that there are not so many restrictions.

There is no so-called ten percent, or twenty percent or thirty percent, which is different from the financial market in China's inland China.

However, this kind of unlimitedness has become a double-sided blade. Sometimes, the stock price of a listed company can increase by 300%, 500%, or even 10,000%. It depends on how much potential your listed company has, and whether anyone is willing to awesome you.

Similarly, there is no limit on the decline.

Therefore, when listed companies among the three major families and many listed companies fall sharply, it is possible that a stock of up to tens of dollars in Hong Kong dollars will fall to only one or two dollars in one afternoon. The decline of dozens of times has appeared in Xiangjiang.

As early as the previous year, such a thing happened. With the rise of Xiao Superman's telecommunications company, other telecommunications companies had no choice but to cooperate with Mi Mobile, but then there was a Mi Mobile infringement incident. On that day, the stock prices of the telecommunications companies that cooperated with Mi Company fell to the historical bottom, and the stock prices fell by half throughout the day. It turned out that there was a score of over 100 yuan per share, but one day later, even fifty yuan per share was not enough. If they had not applied for suspension of trading, they might have fallen again the next day and kept falling.

There are many lessons, so it is not new to how dangerous it is.

Now, the three major families are facing this problem. Of course, they can also choose to suspend trading, prohibit companies from trading in the market, and keep prices, but can they do it?

If there is no legitimate reason and the above approval, they will not be able to do it. In Xiangjiang, there is a China Securities Regulatory Commission staring at it. They usually don’t have any power, but at critical moments, they can decide the life and death of a listed company. For example, approving a listing seems to be their power. They are willing to give you a listing or approval, but if they don’t want to, they will call you back, and you will have no way to do so.

The same is true for suspension of trading.

What kind of organization is the China Securities Regulatory Commission? It is a non-governmental organization. It can be understood this way, but it is definitely under the control of the Xiangjiang government. The current Xiangjiang government hates the three major families to death. If it weren't for them, would the situation in Xiangjiang become like this? It's still suspended? You think beautifully. To be honest, the senior management of the Xiangjiang government now wants the three major families to be finished.

In the past, they were very angry with the three major families. Although there were spokespersons supported by the three major families, what about it? With the senior Chinese mainland leaders, even if they were spokespersons of support standing on a high level, wouldn’t they still be subject to checks and balances by the senior Chinese inland?

Therefore, suspension of trading is unrealistic. The only thing they can do now is to try their best to stop the decline, then find a way to pull it back, and then find a way to sell it later.

In this situation, even if they sell regardless of cost or loss, they have no way to sell. It is all because there are more and more sell orders in the market, and there are not many people buying, and everyone is trapped. Only selling, but not buying, the market cannot survive, and the selling orders that are posted are getting bigger and bigger. By default, your stock price will fall step by step.

You can't even sell it, you can't even play tricks, go play with it.

Watching the stock price drop little by little, they had no choice but to do their best to protect the market, rescue the market, and constantly acquire those selling orders. At the same time, he also expressed to the outside world that their strong confidence showed that their company had a considerable amount of funds and initiated the repurchase clause, with the purpose of attracting retail investors and buying their stocks.

However, not long after their news was sent, they also made a repurchase. However, there were more and more sell orders on the market. Even if they swept, they could not finish them. Just now, they bought a large order and then took it, and then they put it out.

When will it be the end if you keep eating it?

More importantly, those retail investors see something wrong, so they can care about what repurchase clause you have, and they will sell it directly. Now they can sell it out and recover a little cost. If they can't sell it later, it is still unknown whether they can recover the cost. They can't lose all their money.

As a result, a large number of retail investors went out, resulting in more and more selling orders.

In addition, the three major families also found that shareholders of listed companies also went out. They also saw that something was wrong and they followed suit and took action.

The shareholders of every listed company with achievements are not ordinary people. They have long seen something wrong. In this case, they are unwilling to die with the three major families. Even the largest shareholders of those listed companies are unwilling to die with the three major families. They also acted decisively.

They control too many listed companies, most of which are not directly controlled by them. Perhaps, the combined holdings of their families are more than the superficial largest shareholders, but they only have some people in the company and do not control the entire company. Only when necessary can they control this, the largest shareholders are very clear about this.

On the surface, the biggest shareholders are the leaders of the company, but they will be interfered by the three major families. It can be said that the company is still owned by the three major families. In this case, how could they die with the three major families? It would be better to live a leisurely life with some money. They can see that if this continues, they will have to collapse sooner or later. They can cut their money, and they can still have some money, not cut their money, and wait for the company to be finished and have no money.

Therefore, when those shareholders took action, the three major families finally discovered one thing, that is, the disaster came and they all flew away.

At the same time, they also felt powerless and found that they really didn't have much money.

(To be continued)

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Chapter completed!