A recent surge in the popularity of a small-cap stock, ranking 60, is New Wisdom. However, the rise in popularity of the stock is not because of the stock rally, but suspected pig slaughter. Stock bar someone broke the news that he was recommended by the WeChat group of teachers to buy the whole warehouse was killed pigs, buy the next day the stock flash collapse stop, heavy losses.
By this morning, the new wisdom cognition opened down by the daily limit, and there were still nearly 200,000 closed orders at noon. Just two or three trading days, the stock turnover of more than 300 million yuan, heavy volume is obvious. By noon closing price calculation, has been someone at most nearly 23% float loss.
WeChat group recommended stocks were killed pigs, buy the next day flash crash stop
Some people ahead of schedule in the disclosure of the pig dish. After the market on March 16, someone posted a post in the new wisdom cognition stock bar that “the pig plate has come again, I do not know that I can go hiking”, “yesterday the group of teachers recommended this ticket”, and someone posted a post that “it is the WeChat group recommended to buy the stocks of the whole warehouse, and tomorrow it will drop the limit to kill pigs”.
On March 17, the point of the butcher’s plate became more apparent. A netizen posted in the stock bar, Liu Jianjun teacher said to participate in the operator competition to win the ticket, so that thousands of people in the room to listen to the class at the opening of 11 yuan 43 minutes to buy, we bought after the drop. Someone has been in recruit, proceed with with 12 yuan 10000, at present this investor already was shielded by the teacher. According to the news posted bar, Liu Jianjun’s broadcast room has been closed.
Three hundred million capital was buried in two days, with a maximum loss of 23%
From the trend of the unit, there are signs of killing pigs. After 2:30 PM on March 16, the new wisdom cognition appeared obvious overvolume, suspected of large capital intensive buying and selling. On March 17, the stock opened significantly lower in the morning, about 6 minutes that flash crash stop. In two trading days, the turnover of new wisdom cognition exceeded 300 million yuan.
More than $300m has been buried, according to early trading today. The stock opened lower by the daily limit in early trading and showed no sign of opening its daily limit all morning. By the end of the morning, the stock closed orders close to 200,000. In March 16, the highest price calculation, just two or three days, namely, there are investors at most losses of nearly 23%.
According to the public information, New Wisdom Knowledge is the core enterprise of the digital industry under ENN Group, and its actual control is Wang Yusuo. Wang Yusuo, known as the “King of Gas”, was ranked the 452nd richest person in the world by Forbes in 2019, with a fortune worth $4.3 billion. In addition to Xinzhi, Mr Wang also controls two listed companies on the A-share market, Xizang Tourism and ENN (600803.SH), as well as Hong Kong-listed ENN Energy. The market value of ENN Energy in Hong Kong exceeds 100 billion yuan.
In comparison, the market value of New Wisdom Cognition is much smaller, less than 5 billion yuan according to the noon closing price. At the same time, the stock last year’s general performance, expected to drop 88.15% to 95.28%.