A rat warehouse refers to a banker who uses his own personal funds (heads of institutions, traders, their relatives and related households) to open a warehouse at a low position before raising the stock price with public funds. After Public Offering of Fund's high position, his personal position bears the brunt of selling for profit. Of course, the last loss is public funds. As we all know, China stock market is characterized by no village and no shares, and rat warehouses exist in these large and small stocks. Brokers are the main force of Zhuang shares. They use their natural advantages of financing to integrate a lot of funds from all walks of life to boost stocks. Sitting in the village was originally to make money, but brokers rarely really make money. The reason is that after the brokers pulled up their stocks, a large number of rat warehouses buried at the bottom flocked to ship, and the brokers took over at a high position. As a result, brokers lost a lot, and rat warehouses earned a lot. This is the main form of securities firms being hollowed out today.
Rat warehouse is actually a way of wealth transfer, a way for some brokers to turn public funds into private money, which is essentially the same as corruption and theft. Well-known junk stocks include well-known Zhuanggu Dongfang Electronics and Yinguangxia. I don't know how many rat warehouses have magically become millions, tens of millions and billionaires. Where did their money come from? Look at the economic development in the end, all losses, insolvency, everyone will understand. Zhongjingkai transferred all the money cheated from small and medium-sized retail investors, the money melted in, customer deposits and its own funds to the account of the rat warehouse.