The interesting thing about this market is that the brighter the light, the darker the shadow beneath it.
The restructuring expectations and equity transfer have been the hottest themes recently, but the most authentic equity transfer plus strong restructuring candidate, 300472, has been forgotten by the market.
Being forgotten is good—this is how blind-spot arbitrage works.
The actual controller of Xinyuan Technology recently changed, and the announcement clearly stated plans to increase holdings by 200 to 570 million yuan. Note that Xinyuan's total market cap is just over 1.5 billion yuan.
Pay special attention to the note that they may issue additional shares to acquire equity.
The new major shareholder, Xinhui Holdings, is just a shell company, and the real big player hasn’t shown up yet. Those who deliberately stay behind the scenes are usually not small fish.
For such a mini-cap company, slow share accumulation doesn’t make much sense. Logically, they’ve probably already prepared assets for a merger (speculation).
PS: Personally holding a bit in my portfolio. Just my opinion, for reference only.
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