Another example! Relying on QQ group and WeChat group to recommend stocks "cutting leek", the stock price fell 30% in 4 days
On July 1, the share price of Heli Technology (603917.SH) fell by 2.03%, and this is the fourth consecutive trading day of the stock. It has fallen even more in the previous three trading days. In the three trading days from June 24 to June 30, Heli Technology dropped 10%, 9.97%, and 6.14% respectively. Based on this calculation, its stock price has fallen by nearly 30% in the last 4 trading days.
It is worth noting that the share price of Heli Technology has soared by more than 50% in a short period of time, and it is on the premise that there is no obvious good news and fundamental changes have not occurred. And this round of plunge was also completed without being stimulated by obvious bad news.
Therefore, some investors questioned that the share price of Heli Technology was maliciously manipulated.
The reason why investors have such judgments is that in the past month, in addition to the stock price soaring and falling, Heli Technology has also abnormally enlarged its trading volume. Even the trading volume on June 24th exceeded the total trading volume in May. Moreover, some people have recently used WeChat group, QQ group and live broadcast room to recommend to investors to buy Heli Technology, and then the stock price began to plummet.
In this regard, a senior investor in a well-known private equity company in Beijing told the reporter of China Economic Weekly that, regardless of the recent increase and decrease, or from the perspective of transaction volume, this "doing a disk" approach is indeed more obvious. The trace of "Zhuang shares": ambush funds in advance, then violently raise the stock price, use WeChat group, QQ group, live broadcast platform and other platforms to recommend stocks, cheat individual investors to take orders, and finally distribute high, put investors on the hillside...
The trading volume is more than one month a day, the stock price soared and then plunged, Heli Technology said it did not know
"China Economic Weekly" reporter noticed that since this year, in addition to the regular quarterly and annual reports, Heli Technology has not disclosed major issues that may cause sharp fluctuations in stock prices, and the company's performance in 2019 and the first quarter of this year Compared with previous years, there have been no huge changes, and fundamentals have not changed fundamentally.
However, it is such a stable performance, there are not strong stocks in the more than 3,000 stocks in the A-share market, but recently there has been a sharp rise and fall.
Starting from May 29th, Heli Technology's stock price has entered a clear upward channel. The stock price has risen from 9.87 yuan per share to 15 yuan per share on June 24. In just 19 trading days, the highest cumulative increase in its stock price has reached 51.98%.
After that, it quickly turned around and went down again. On June 24, Heli Technology's stock price fell sharply and then fell rapidly. It suffered a daily limit and released 423 million yuan in transaction days, exceeding the total transaction of 364 million yuan in May of this year. the amount.
On June 29, Heli Technology continued to fall limit, and fell sharply again by 6.14% on June 30. The decline on July 1 was relatively narrow, but it still fell by 2.03%. If investors take orders at a high level on June 24, the loss in just 4 trading days will reach nearly 30%.
Investors questioned that the stock price of Heli Technology had been maliciously manipulated by some investors over the recent month. This question is also concerned by the regulators.
In response, Heli Technology responded on the evening of June 30.
In a notice titled "Response Letter to the Inquiry Letter on the Abnormal Fluctuation of Stock Trading of Ningbo Heli Mould Technology Co., Ltd.", Heli Technology stated that as of the signing date of this reply, the company's controlling shareholder and actual controller There are no major events affecting the company's abnormal stock fluctuations, and there are no other significant information that should be disclosed but not disclosed, including but not limited to major asset restructuring, stock issuance, asset injection, share repurchase, equity incentives, etc.
In addition to the obvious "zhuang stock" traces of stock prices soaring and falling in the short term, and abnormally high trading volume, investors suspect that the share price of Heli Technology has been maliciously manipulated is that there are people on the market using WeChat group, QQ group And recommend the situation to the stockholders to buy the company's stock.
And another announcement released by Heli Technology on the evening of June 30 partially verified investors' speculation that the company's stock price was maliciously manipulated.
According to this announcement from Heli Technology, the company has received reports from multiple investors recently that there are people in the market who use WeChat groups, QQ groups and live broadcast rooms to recommend to shareholders to buy the company's stock. The company has also been concerned about media reports about the incident on the Internet. After self-examination by the company, controlling shareholders, actual controllers, directors, supervisors and senior managers, neither party has planned or participated in this event, nor has it authorized others to plan and participate in this event, which has no relationship with this event.
The method is exactly the same, and the aftermath of the “Recommended stock picking” incident of Jimin Pharmaceuticals is over
What irritates investors most is that this simple and rude operation has appeared for the second time in less than a month. The last victim was an investor who took a high position in Jinmin Pharmaceutical (603222.SH) .
On June 12, June 15, and June 16, Jimin Pharmaceuticals fell for three consecutive trading days, dropping its cumulative increase for nearly one year at a time. This shipping method caused an uproar, and was questioned by the media and investors that the stock was manipulated by "evil village".
Even more dramatic, the way of manipulating the stock price of Jimin Pharmaceutical is exactly the same as that of Heli Technology. It does not speculate on performance and concepts. It only relies on "fooling" and hacking...
On June 11th, an investor posted in Jimin Pharmaceutical Stocks that he was taken over by Jimin Pharmaceuticals at a high position. He is currently suffering heavy losses and is looking for collective rights protection of shareholders who have encountered similar problems.
Judging from the number of posts read and the number of comments, there are not a few investors with similar experiences.
A screenshot of a WeChat chat published by an investor shows that someone “singed the order” and Furry bought Jimin Pharmaceuticals, saying that “the current price of the entire warehouse was bought with me, and the daily limit was pulled after 10 minutes.” Send a screenshot of the position to me or an assistant."
That is, on the same day, Jimin Pharmaceutical Co., Ltd. rose to an all-time high of 57.45 yuan/share, and began to fall. The following five trading days, the cumulative decline was as high as 36.6%.
After the stock price fell, the so-called teacher who led investors to buy Jinmin Pharmaceuticals at a high level also asked the victims to upload a screenshot of the stock delivery note, saying that they would compensate the investors who suffered losses. After the investor uploaded the delivery note, the involved QQ group and WeChat group were disbanded and the investor was blacked out.
In this regard, a senior investor from a well-known private equity firm in Beijing told the reporter of China Economic Weekly that this kind of operation is suspected of being a relatively low-level "sits" method. The specific operation steps are to ambush funds in advance, then violently raise the stock price, use WeChat group, QQ group, live broadcast platform and other platforms to recommend shares, deceive retail investors to take orders, and finally distribute high, put investors on the hillside...
As for letting investors upload delivery notes in the end, it is not actually to add more blockages to the victims, but to the final distribution of these accounts by these people.
What is more irritating than deceiving investors from taking high positions is that there are lawbreakers who use hacking methods.
On April 2, 2020, the Fujian police received a report from a woman with the surname Chen, saying that she found that all the stocks in her securities account had been sold, and she also bought Jimin Pharmaceutical.
Then in mid-April, many investors from different provinces and cities who opened accounts with different brokers reported that their stock accounts were stolen. Coincidentally, after all the original positions were sold on April 2nd, Jimin Pharmaceutical was also bought by the whole position.
In this regard, Jimin Pharmaceutical’s response is similar to the announcement of Heli Technology on the evening of June 30: "Recently, the company has received reports from multiple investors that there are people on the market who use WeChat group, QQ group and live broadcast room to recommend to investors The company's stocks. The company has also been concerned about the media reports on the event on the Internet. After self-examination by the company, controlling shareholders, actual controllers, directors, supervisors and senior managers, all parties have not planned and participated This event has not been instructed by others to plan or participate in this event, and has nothing to do with it."
In response, the Securities Regulatory Commission issued a risk warning specifically on June 19, alerting the "dealer" and "Big V" to jointly deceive investors.
Although some investors have called the police, the above-mentioned industry insiders reminded that from the past experience, it may be more difficult to catch these "big V" and "bookmakers" in the short term and recovering funds. Investors must pay attention to independent decision-making and do not believe so-called inside information.
Lu Jiangtao, reporter of China Economic Weekly | Beijing Report