50 billion chip giant Saint bond shares suddenly plummeted 20 times. What’s wrong with big bull stocks?

Suddenly announced the termination of the acquisition announcement, the shares of Saint bond opened 10.2% lower at the beginning of the day, and then went down all the way, with the lowest drop of nearly 18% in the session. The analog chip leader, whose market value closed yesterday with a market value of about 50 billion yuan, fell again, plunging 13.68% this morning and its market value fell to 42.9 billion yuan. < p > < p > on the evening of October 12, the company announced that it would stop issuing shares, pay cash to purchase assets and raise matching funds, and applied to Shenzhen Stock Exchange to withdraw relevant application documents. Prior to that, the company planned to acquire 71.3% equity of Yutai semiconductor with 1.070 billion yuan. For termination of restructuring, the company said that since the company planned and announced the restructuring for the first time, the macro-economy and capital market environment at home and abroad have changed greatly compared with the beginning of the transaction planning. In order to effectively safeguard the interests of the majority of investors and steadily promote the development of various businesses of the company, the company decided to terminate this major asset restructuring after careful study and friendly negotiation with all parties involved in the transaction. < p > < p > in December 2019, Saint bond announced the suspension notice on planning to issue shares and pay cash to purchase assets. On December 20 of that year, the board of directors of the company deliberated and passed the proposal on the company’s plan for issuing shares and paying cash to purchase assets and raising matching funds. < p > < p > according to the official website, sepal focuses on the R & D and sales of high-performance and high-quality analog integrated circuits. It is the only semiconductor enterprise listed on the A-share market that focuses on analog chip design and covers signal chain and power management. < p > < p > Saint bond is a big bull stock, which fell back after listing in 2017. In August 2017, the lowest share price reached 19.96 yuan (right recovery), and then started the journey of big bull. In July this year, the stock price reached 405 yuan (right recovery), becoming a 20 times big bull stock. < / P > < p > from the bottom of 33.1 yuan in January 2019 to 405 yuan in July 2020, the stock price has risen 11 times in a year and a half. < p > < p > as a technology Bull Stock of analog chips, the strong performance of Saint bond shares is also related to the popularity of institutions. After listing in June 2017, the fund’s investment in the stock has grown from the initial several million shares to the latest over 40 million shares. < / P > < p > Disclaimer: the purpose of this article reprinted by china.com finance and economics is to convey more information and does not represent the views and positions of the website. The content of this paper is for reference only and does not constitute investment advice. Investors operate accordingly and bear their own risks. < p > < p > Chinanet is a national key news website under the leadership of the Information Office of the State Council and managed by China foreign language publishing and Distribution Bureau. Through 11 versions in 10 languages, the website releases information 24 hours a day, which is an important window for China to carry out international communication and information exchange.