Chapter 376 Listing
Liu Yi left the subsequent contact with the Football Association to Liu Xiaomei. Liu Xiaomei returned to Rongcheng to see Chen Yitong. Seeing that Chen Yitong was doing well in school, she did not feel relieved because she was not having any problems.
It is June 10th, and today is the time for Xingchen Technology to apply for new shares.
Xingchen Technology has a total share capital of 10 billion, of which 3 billion stocks will be listed and circulated, and the remaining 7 billion stocks will become restricted stocks. After the restriction period is over, it will also be used as circulating stocks.
The listing and issuance price of Xingchen Technology is 45 yuan. This price is not low, but it is not too high.
However, according to the current Chinese stock market, there is no limit on the increase in new stocks. It is completely unknown how much Star Technology will rise after listing. However, everyone knows that as long as you subscribe to Star Technology's stocks, you will definitely make a fortune.
"There were so many people who applied for stocks yesterday!" Tao Yueqin took a sip of coffee, and sat on the sofa casually and intellectually, looking at Liu Yi.
Before Xingchen Technology went public, China's A-shares ushered in a big rise, with the index rising by more than 300 points! A large amount of funds poured into the stock market again.
When applying for new shares, you must have the subscription amount!
And how do you get the subscription amount?
You have to hold stocks in the A-share market to have a limit.
For the sake of the amount, many people are buying other stocks.
"How do you think the stock price will rise after listing?"
"Last year, Xingchen Technology's profit was 67 billion yuan. If calculated based on the price-to-earnings ratio of 20, the market value should be 130 billion yuan!"
Is Xingchen Technology short of money?
There is really no shortage of money!
Star Technology is invincible in its mobile phone business.
With a market value of 130 billion yuan, the stock price should be 130, which means; compared with the issue price of 45, this is really too low.
You should know that China's A-share market has always been very high in terms of price-to-earnings ratio. For technology companies like Star Technology, it is normal for them to push the price-to-earnings ratio to 40.
After all, Xingchen Technology is still a company in rapid growth, and many people are quite optimistic about the development of Xingchen Technology.
On June 12th, it was Saturday.
The xphone4 is officially launched, and once it is launched, it will cause a rush to buy! For x4, there are two types of shapes, one is a 3.7-inch screen and the other is 4.5.
Mobile phone screens are getting bigger and bigger, which will be a trend in the next three or four years.
Under this trend, Star Technology will naturally not go against the trend.
For example, vio will still launch a 6.0 screen this year.
Of course, if the size of the mobile phone is too large, it will cause a problem, that is, it is inconvenient to carry it.
On that day, x4 sold two million units in the domestic market in China.
It directly detonated the entire China!
This is really exaggerating.
On the 13th, sales did not decline, or even increased, and they directly sold another 2.6 million units.
On the 14th, Xingchen Technology was officially listed on the ChiNext in the A-share market.
China's securities market is not sound and there are many loopholes that can be exploited.
For example, Xingchen Holdings now has a large number of shares in a securities company, and this time it is also a listed brokerage firm of Xingchen Technology.
Chapter completed!