Qibu Corporation Limited(603557) , once known in the capital market as “Simba concept stock”, was suddenly filed for investigation. After the news was exposed, it aroused thousands of waves in the capital market, and then the demon changes of a number of online popular concept stocks in the capital market were also exposed to the spotlight.
The outbreak of the “Simba concept stock” problem is not accidental. At present, many stocks are sought after because of the red participation of the top flow net, but after the capital fled, they eventually lost their fire or even fell.
Some insiders said that various events show that the concept stocks held by wanghong are not as “beautiful” as they seem. The problems of wanghong concept stocks are frequent, and investors still need to return to rationality.
from live broadcast to “bring goods” in the capital market
Just after changing the actual controller, “Simba concept stock” Qibu Corporation Limited(603557) , it was filed for investigation by the CSRC on suspicion of violation of laws and regulations.
What a beautiful scene the initial shares were more than a year ago. As a well-known brand of children’s clothing, starting shares and “fast brother” Simba have carried out a number of live Kwai cargo cooperation, attracting numerous attention, even getting the 400 million yuan real money and silver stake in Sinba.
Under the support of the concept of net red, its share price ushered in five consecutive boards, approaching the high of 17 yuan. However, the good times did not last long. In less than a year, due to performance losses, the starting shares “wore hats” and turned into ” Qibu Corporation Limited(603557) “. The share price was only 4.67 yuan on January 20 this year, down 72% from the highest value at that time.
Simba’s high-profile stake in the starting shares is regarded by the industry as “carrying goods” from live broadcasting to the capital market, and the carrying products have also changed from children’s clothes to intangible stocks.
In the past two years, the rapid development of live delivery channels has led to the rise of online Red economy. The binding of listed companies with online Red live has often led to stock price fluctuations in the capital market, and online Red live are unwilling to only do live delivery and frequently invest in the capital market and real industries.
In addition to live broadcast e-commerce, Simba’s Xinxuan investment has established strategic cooperative relations with more than 2000 enterprises and set foot in the fields of beauty, cosmetics, food, electrical appliances and so on. “Xinxuan investment has also established cooperation with a number of listed companies, but none of them has a high profile of starting shares,” a person familiar with the matter told the Securities Daily
Not only Simba, but also viya and Hunan Mendale Hometextile Co.Ltd(002397) have held hands. In addition to the live delivery, Weiya also participated in the planning and quality control of Mengjie home textile. Affected by this, Hunan Mendale Hometextile Co.Ltd(002397) also ushered in the daily limit for three consecutive days. During this period, some shareholders have been quietly reducing their holdings of Hunan Mendale Hometextile Co.Ltd(002397) . At the same time, after days of sharp rise, some hot money speculation institutions have also retreated. After the tuyere, in only 10 days, Hunan Mendale Hometextile Co.Ltd(002397) share price halved.
The platform of online popular anchor Li Jiaqi made Jinzi Ham Co.Ltd(002515) also rise the limit for a time. Under the rumors of the signing of wanghong Li Ziqi, Saturday Co.Ltd(002291) gained 12 trading boards in only half a month with the “wanghong economy”.
When the stock price was at a high level, a number of shareholders and executives collectively threw out the reduction plan, and then Saturday Co.Ltd(002291) the stock price fell all the way.
With the help of the head anchor, “live broadcast concept” has become the “online Red” of a shares. Yujiahui, Guangdong Piano Customized Furniture Co.Ltd(002853) , Luolai Lifestyle Technology Co.Ltd(002293) and other online Red economic concept stocks continue to strengthen, and some institutional seats have changed.
According to Yang Zhaoquan, distinguished member of the legislative Advisory Committee of the Standing Committee of the Beijing Municipal People’s Congress, the online Red concept stocks on the market can be divided into two categories. One is to introduce online red as a strategic investor and rely on the traffic support behind online red, resulting in the situation of falsely high stock prices; The other is the cross-border major online red fields, which boost the stock price by rubbing hot spots.
“A phenomenon existing in these online popular concept stocks is that most shareholders will reduce their holdings at a high level and leave the market after profit cashing, which is not only easy to cause the problem of manipulating the stock price, but also give other small and medium-sized investors a feather in the ground.” Yang Zhaoquan told reporters.
“There is no shortage of stories in the capital market. With the popularity of online Red live broadcasting, once the listed companies in the cold industry, such as clothing and home textiles, are connected with the concept of online red, the stock price will be highly sought after, and it is easier to become a tool for speculation. The relevant supervision needs to be strengthened.” Dong Dengxin, director of the Institute of Finance and securities of Wuhan University of science and technology, said in an interview with Securities Daily.
the “good story” of online red capital is difficult to continue
After the red explosion, there is more sobs left.
Jinyu ham, Shanghai New Culture Media Group Co.Ltd(300336) , Saturday Co.Ltd(002291) and other stocks also attracted the attention of regulators when they set foot in the online red belt goods and were once hot fried in the market. Among them, the reduction and selling of some company shareholders at high prices are controversial and questioned.
At present, the outbreak of a series of problems such as suspected fraud and violation of letter Phi by relevant listed companies can be said to be the sequelae of the crazy driving of the net red phenomenon to overheat the capital market.
“Because of tax evasion, the head online Red enterprises have been hit hard by the state tax and other departments and suffered a beheading blow. It is difficult to tell a good story. Some online red traffic fraud and product return after purchase have violated the boundaries of the law.” Zhou Xibing, a researcher at the soft power research center of Chinese local enterprises, said in an interview with Securities Daily.
In his opinion, once the net is blocked due to tax evasion or personal morality, its potential commercial value may disappear. “Nethong usually has a short life cycle, and the short-sighted practice of relying too much on to obtain traffic and investor attention can not last long, which should trigger collective reflection of entity enterprises. Investors, especially strategic investors, must also consider nethong’s own risks and invest cautiously.”
Turning to how to avoid risks, Yang Zhaoquan suggested: “what investors should most pay attention to is the company’s operating ability, performance scale and other practical investment feasibility, master certain financial management knowledge, pay more attention to the real-time dynamics of regulatory authorities and the opinions issued by accountants and law firms, improve risk identification ability and invest prudently and rationally.”
