NovelEnglish
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.
Follow on NovᴇlEnglish.nᴇt
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.
Follow on Novᴇl-Onlinᴇ.cᴏmAt 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.
Because since Jasmine’s accident until now, the Moore Group’s stock price has
been underperforming.
The market is worried that the Moore Group has no leader, and the square inch is
in chaos, which led to the continuous decline of the Moore Group’s stock.
Now, the Moore Group suddenly wants to hold a press conference with great fanfare. Everyone
feels that they must be ready to announce the new chairman.
It was at this time that Charlie Wade came to the door of the release hall alone.
After Rueben knew that he was coming, he came to the gate and waited in advance. Although
he had ten thousand dissatisfaction with Charlie Wade, he did not dare to provoke Charlie
Wade at all in Aurouss Hilll.
Visit our social media platform to read fascinating stories every day and connect with the community!
