The Amazing Son in Law The Charismatic Charlie Wade novel Chapter 2177

Chapter 2177

10:55 in the morning. Trading in the shares of the Moore Group was suddenly suspended. The suspension of stock trading is the suspension of trading. From this moment on, the shares of the Moore Group are sealed and will neither rise nor fall until trading is resumed.

To apply for a trading suspension to the Securities Regulatory Commission, there must be sufficient and sufficient reasons. The Moore Group’s reason for applying for a trading suspension is that the group has major issues that will be announced soon.

Generally speaking, listed groups will suspend trading of their stocks before they announce important events. This is to prevent insider trading and well-informed speculation.

For example, before, a very famous company on the Internet, Life 360.

When they seek to go public in the country, they will complete the domestic A- share listing through backdoor.

This is the so-called backdoor listing.

In layman’s terms, some of their conditions do not meet the requirements of the

Securities Regulatory Commission for listing, or the normal listing channel is too

long, they can’t wait, so they can achieve the goal of backdoor listing by

purchasing another listed company.

360 is also regarded as a relatively well-known Internet company in China. The reason why they choose to go public on the backdoor is mainly to save time. If they go public on their own, they will need to pay at least one or two years of time cost, and they are likely to miss the market. Good opportunity.

At the beginning, when 360 decided to go public with a backdoor, all stockholders were speculating about one thing, that is, which listed company would 360 use to go public.

If you can know the target company of her backdoor in advance, then you can buy the company’s stock in advance, and you can make a fortune after the 360 backdoor is successful.

However, such things are generally top-secret information within the company, and only the absolute top can know it, and they will never disclose it to the outside world.

Therefore, when Eastcliff market suddenly announced that the company had a major business and needed to suspend trading, people knew that 360 was going to be listed on his shell.

But by this time I knew that it was too late. Trading in 360’s stock had been

suspended and could not be traded, and there was no chance to buy bottoms. The current situation of the Moore Group is the same.

The company is about to transition from the leaderless state of the group to the successor of the new chairman. This is definitely a good news for the company, so it must first be suspended and then announced.

At 10:55, the Moore Group announced the hall.

The media reporters invited to the scene are already here. Shareholders across the country are also watching this conference.