Close to your ear: The four reorganizations of Yinshan Chemical

Author: Wang Kongping
Publisher:
Publish Date: 2004-09-01
Features: The fax machine in Wall Street companies often spits out messages for reference only, all marked "Close to your ear." This book cleverly uses this idea, as the author seems to hide behind the trading screen, concealed beneath the tablecloth of the signature desk, whispering incessantly in your ear with the hindsight mindset: "Don't fall into the hole where the manhole cover was stolen twice." Set against the backdrop of the repeatedly unsuccessful restructuring history of Yinshan Chemical, the book tells the story of how Yinshan Chemical's stock, after suffering losses, fell into the "ST" group, was later labeled as "the best shell resource," and ultimately suspended from trading. The author explains the hidden rules of the securities market through the case of Yinshan Chemical, offering guidance to investors who were affected by the stock and ringing an alarm bell for all stock investors.