What does a stock sniper mean?

Stock market sniping refers to the deliberate speculation of a stock by a large family, which makes the stock price of an enterprise seriously deviate from its value in a short period of time, and then constantly sells goods to retail investors for arbitrage, which is called stock market sniping. The most famous sniper in the stock market is Liu Luanxiong, a famous Hong Kong Fu.

Stock market sniping has been popular in America for a long time. The sniper method is: when the control right of the major shareholder of a listed company is unstable and the value of the company's assets is high, it is easy to be coveted by corporate snipers. After absorbing a considerable number of shares in the market, it will make a comprehensive acquisition, forcing the other party to buy back its own shares at a high price, or change hands with the whole company for profit.

Stock market snipers are extremely unpopular with major shareholders of enterprises and are called green extortion.

Extended data

In the list of the world's richest people in 2005, Liu Luanxiong ranked 45 1, and became one of the richest people in Hong Kong 1 7 in 2005 with net assets exceeding $0/billion. Known as "stock sniper", "Causeway Bay store king" and "Hong Kong actress sniper".

Liu was ambivalent about the title of "stock market sniper". He said that he was half right and half wrong "because I was forced to fight back", and Liu's "passive fight back" refers to the famous hotel competition that year.

Grand Hotel is the oldest hotel enterprise in Hong Kong, and enjoys the same reputation as the famous Peninsula Hotel and Repulse Bay Hotel. The old British Kadoorie family and Liang Zhonghao family are major shareholders and have absolute control. The conservative style of the company has been rated as "not enterprising" by investors, and its net asset value is high, which can be said to be "attacked" by nature.

Peninsula Hotel, the only 6-star hotel in Hong Kong at that time, is antique, and I like that smell very much. So when the opportunity came, Liu Luanxiong did not hesitate to buy its China Entertainment Company, Aimeigao and Lixin Clothing at the price of 53 yuan per share.

However, after entering the hotel, China people were discriminated against. In order to win the board seats and the right to speak in the hotel, Liu Luanxiong and the Kadoorie family launched a one-year Long Hudou, which ended with Kadoorie taking over the shares of Liu Shoushou Hotel. This made Liu's China Entertainment Company make a profit of 92 million, while Aimeigao made a profit of 42 million.

Reference source: Baidu Encyclopedia? Liu Luanxiong (Capital Operation)