Stock volatility operations
ArcherMind Technology was established in September 2013 and is located in Nanjing with a registered capital of 60 million yuan. It was listed on the Shenzhen Stock Exchange's Growth Enterprise Market in January 2017. The prospectus shows that the company is a software outsourcing service provider in the mobile smart terminal industry chStock volatility operationsain, and belongs to a software and information service outsourcing company. Its main business is software technology services and solution development and sales. During the reporting period, the company's main customers included large-scale well-known domestic and foreign companies such as Huawei, Intel (Intel), HTC (Hongda Electronics) and TCL.
Many market participants also believe that in the long run, A-share international funds are still far from low, even if external uncertainty increases, the logic of the initial stage of foreign investment will not change in the slightest. In addition, judging from the situation in the second half of this year, although the process of A-share internationalization has been delayed, the trend of foreign capital inflow is expected to continue. Some institutions believe that there will be an increase of 200-300 billion in foreign capital during the year.
On October 13th, ArcherMind Technology also announced that because Wanlong () Assets Appraisal Co., Ltd. failed to issue 100% equity of Wuhan ArcherMind Technology Co., Ltd. and 100% equity assets of Wuhan Shenzhidu Technology Co., Ltd. within the agreed time After the formal evaluation report, the board of directors decided to cancel the submission of this proposal to the first extraordinary general meeting of shareholders in 2019 for consideration after careful consideration.
From the perspective of market performance, whether it was the first quarter or March, the A-share market was significantly stronger than the overseas market. The ChiNext had a positive return of 1% in the first quarter. The Shanghai Composite Index fell less than 10% in the first quarter, while the US stocks The Dow Jones Industrial Index fell more than 20% in the first quarter. The major A-share stock indexes fell within 10% in March, while the European and American markets generally fell by more than 10%.
From the perspective of profitability, in the first three quarters, only 1 share made a profit except for a loss. Among them, 13 shares increased their net profit year-on-year, and 9 shares increased their performance by more than 20%. The net profit of Guizhou Tire (000589) and Heimao (002068) in the first three quarters both increased by more than doubled year-on-year.
The Olympic Games, which once brought hope to Japan, have also been postponed. Toshihiro Nagahama, the top economist of Japan's Daiichi Institute of Economics, sStock volatility operationspeculates that the Olympic Games will bring an economic benefit of 7 trillion yen to Japan’s GDP. Benefits are postponed. However, how much this 1.700 billion yen can achieve next year is a big unknown. In the fourth quarter of last year, Japan’s real GDP declined at a rate of 6% and the year-on-year rate of decrease was 3%. The postponement of the Olympic Games is now affected by the increase in consumption tax last year and the epidemic. Japan’s economy has declined for two consecutive quarters, and the risk of entering a technological recession is increasing.
In May 2019, Hangmin Group announced plans to reduce its holdings of shares not exceeding 2% of the total share capital of First Capital Securities on the grounds of upgrading its main business and adjusting its industrial layout. Since then, Nengxing Holdings and Huaxi Xinyu have successively disclosed their shareholding reduction plans. On December 18, 2019, Hangmin Group again announced plans to reduce its holdings of no more than 70.08 million shares for the same reason, accounting for 2% of the total share capital of First Capital Securities.
In addition, the announcement shows that Ant Group’s H-share IPO will be held from October 27th to October 30th. The company plans to issue about 17.1 billion H shares, of which 417.8 million H shares will be offered for 5%, and the international offering will be about 12.9 billion H shares. Shares accounted for 95%, and another 15% over-allotment rights; the issue price of H shares is 80.00 Hong Kong dollars per share, and each lot of 50 shares means that the investor's entry fee for one lot is 4040.31 Hong Kong dollars.
The current record of the world's largest IPO comes from Saudi Aramco, which was listed in Saudi Arabia in December 2019, with an IPO size of US$25.6 billion. In January this year, Saudi Aramco announced the use of the green shoe mechanism to refresh the IPO size to US$29.4 billion. Calculated at the current exchange rate, this fundraising scale is equivalent to 196.5 billion yuan.
Thanks to the overall growth of the semiconductor industry, Jiangfeng Electronics (300666) increased its revenue by 556% year-on-year to 3.3 billion yuan in the first half of this year, and its net profit increased by 1911% year-on-year to 408.4 million yuan. The company stated that the sales of its main products, tantalum target, aluminum target, and titanium target continued to grow, with a year-on-year increase of 527%, 282% and 464% respectively. While the target products used in the semiconductor field continue to grow, the company's orders for target materials in the flat panel display field have also increased significantly.