Hundred Round Pants Industry Or A Large Number Of Civil Lawsuits Or Behind Bars.

Six months later, the 100 round pants industry shares staged another crazy roller coaster.

This time, the concept of "electricity supplier" is pushing up the stock price.

In July 17, 2014,

It announced that it would buy cross-border electronic commerce worldwide Tesco at a price of 1 billion yuan, with an appreciation rate of 796.98%.

Nearly 8 times.

The 100 round pants industry, which successfully labeled the "electricity supplier" label, rebounded strongly from the bottom after the resumption of trading, and the 5 consecutive trading days continued to achieve a deep V reversal.

As of August 27th, the company's stock price once reached 52.48 yuan, a sharp rise of about 216%.

"From

Look, this year's surge is the result of the boost of multi-party hot money, not a single banker's control.

A Beijing Securities researcher Wang Yu (a pseudonym) said.

In August 2014, Wang Yu and several agencies went to the headquarters of 100 yuan company.

Wang Yu introduced that the whole process of research has been emphasizing the world's Tesco, and it has not mentioned the main business of clothing. It seems that there is the idea of completely pforming the electricity supplier.

"The evaluation report I wrote at that time estimated that the market value of 100 yuan was estimated at 5 billion yuan, but the company did not think it was high enough, at least above 5 billion 500 million yuan.

We can see that the company has a strong desire to make a high market value. "

It is worth noting that according to the information disclosed by the company, from December 2014 onwards, the top 6 shareholders, including Yang Jianxin, the company's actual controller, will usher in the lifting of 100 million shares of restricted circulation shares, accounting for 75% of the total share capital of the company.

In Wang Yu's view, management has the possibility of using the concept of electricity supplier to stir up the stock price. The goal may be to reduce arbitrage after lifting the ban.

For the outsiders questioned the existence of the company with the organization, to make a high market value of the argument, 100 round pants industry denied.

The hundred round pants industry said that as of January 1, 2015, the company's senior management has not received any notice from the SFC, "if the relevant departments are involved in the investigation, the company will cooperate fully."

Wang Zhibin, a lawyer at Jay Sai law firm in Shanghai, said that the SFC named 18 listed companies. It has already shown that the regulators have evidence in their hands. The future is to start administrative procedures or judicial procedures, depending on the size of the cases involved and the degree of violation of the company.

For companies like the 100 round pants industry, Wang Zhibin, said that if it is purely a market value management of listed companies, it is not illegal.

But the key is to find out whether the listed companies collusion with the agencies in the process of making market value management, selectively release news speculation stocks, important information is not disclosed or disclosed false.

At the same time, the agency may also have an adverse effect, such as increasing trading volume, inducing market trading, and so on.

"If there is such a behavior, we must start the judicial process, and the appropriate investors can also take civil action."

For the expectations of the future survey results, Wang Zhibin said that the current legal level of domestic supervision of listed companies is at a turning point. "The existing securities law has not refined the manipulation of stock prices and other irregularities."

He said that the "Securities Law" may be amended, once the specific provisions of the judicial provisions, the corresponding company will have a corresponding punishment.

"We do not rule out a large number of investor litigation cases, and even bad companies have the risk of delisting."