Starting out as a drug dealer in 1988

Chapter 528 Shorting Longxing 1

The next morning, sunlight shone through the thin clouds and fell on the magnificent exterior wall of the New Century Investment Company's building.

Zhao Wenhao, wearing a well-tailored suit and taking steady and powerful steps, entered the company's gate on time.

He walked straight to his spacious and bright office, and as soon as he entered, he saw Kuang Youzhi who had been waiting there.

Zhao Wenhao raised his hand slightly to signal Kuang Youzhi to sit down, then asked, "Mr. Kuang, regarding the case we were following earlier, have you investigated everything?"

Kuang Youzhi quickly stood up, walked to the desk, took out a thick document from the folder, and answered seriously and seriously: "Director Zhao, after this period of in-depth and meticulous investigation, the basic situation of Longxing Group is now clear.

As of yesterday's closing, Longxing Group's share price stabilized at 15.34 yuan per share, with a total market value of 325 billion Hong Kong dollars.

The company's major shareholders are Zhou Changyan and his son, who together hold 32.58% of the shares and firmly control the company's decision-making power and development direction.

Having said that, Kuang Youzhi paused for a moment, then continued, "The second-ranked shareholder is Min Wensheng from Changhai Group, who holds 9% of the shares.

It is understood that this person has a close personal relationship with Zhou Changyan, so we have not yet contacted him.

As for the third and fourth shareholders, they are two powerful institutions - Hongyuan Fund and Mingxuan Fund.

They each own 6.3% and 5.6% of Longxing Group's shares.

In addition, the shares held by many other small shareholders do not exceed 5%.

It is worth mentioning that the number of shares circulating in the secondary market accounts for about 30% of the company's total share capital."

Zhao Wenhao listened quietly to Kuang Youzhi's report, nodding slightly from time to time to show his approval, but never said a word.

After Kuang Youzhi finished his report, he fell into deep thought, as if he was weighing the pros and cons and planning strategies in his mind.

Kuang Youzhi stood respectfully aside, not daring to disturb his boss's thoughts, but just silently waiting for the next instructions.

The entire office was filled with a tense yet quiet atmosphere for a moment.

After dozens of seconds, Zhao Wenhao, who had been silent all this time, finally opened his mouth slowly. His voice was low and firm: "Okay, then let's start building a position, but we must pay attention to the methods.

We need to use different accounts to operate, and we need to spread these accounts out. We must not let the Longxing Group detect any clues."

Hearing this, Kuang Youzhi, who was standing nearby, nodded quickly and said, "Don't worry, Mr. Zhao. We have already prepared over 400 accounts. If more accounts are needed later, we can definitely do it with our company's strength and resources."

Kuang Youzhi's words were full of confidence.

Zhao Wenhao nodded slightly, indicating that he agreed with Kuang Youzhi's answer.

He then continued his instructions methodically, "Also, Hongyuan Fund and Mingxuan Fund must continue to maintain close contact. However, there is no need to take any specific action for now. Just wait for my further instructions."

In addition, you should also try to contact smaller shareholders. But remember, just keep in touch with them and don't act rashly to avoid causing unnecessary trouble or alertness.

Kuang Youzhi nodded seriously, knowing very well that his boss's arrangement meant that a fierce business war was about to begin.

And everything we are doing now is just a prelude before blowing the horn of attack.

At this moment, Zhao Wenhao seemed to suddenly think of something important. He frowned slightly, thought for a moment, and then spoke again, "Oh, right, send someone to investigate who Min Wensheng of Changhai Group interacts with.

But remember, before receiving my clear instructions, you must not make any contact with them rashly, lest you accidentally alert the enemy and cause a disaster."

"Okay, Mr. Zhao!" Kuang Youzhi nodded vigorously in response, with a respectful look on his face.

However, a hint of doubt flashed in his eyes. After a moment's hesitation, he couldn't help but ask, "Mr. Zhao, our company has accumulated quite a considerable amount of funds. It seems a bit of a waste to have so much money sitting quietly in the account. Do you think you could consider shorting other companies? You might be able to make a fortune!"

Zhao Wenhao sat in a spacious and bright office, his arms crossed in front of his chest, gently tapping the table with his index fingers, making a crisp and rhythmic sound.

He narrowed his eyes slightly, lost in thought. As time passed, a tense and oppressive atmosphere filled the room.

After a long while, Zhao Wenhao finally shook his head slowly and said firmly, "No, we can't act rashly on this matter. Shorting other countries is easy to do. I don't feel any burden in my heart."

However, if we follow suit and empty Hong Kong Island, the consequences will be serious.

Where will we put our dignity in this place? Others will definitely treat us as aliens. After all, we still have to develop and work hard here for a long time."

Zhao Wenhao paused, picked up the teacup on the table, took a sip of tea, moistened his throat, and continued, "However, there is no problem with shorting Longxing Group.

Anyway, everyone in the circle knows the grievances between me and the Zhou family. Even if we really fight, everyone knows it and won't be surprised or blame us. So, there is no need to worry about any problems in this regard. "

After hearing what Zhao Wenhao said, although Kuang Youzhi was still a little unwilling in his heart, he also understood that since the boss had already made the decision, it would be useless for him to say more.

So, he nodded and said, "Okay, Mr. Zhao, I understand. I will do as you say."

Today's financial market is turbulent and unpredictable, and companies like Zhao Wenhao that have access to huge amounts of capital are rare.

Most companies are struggling to survive at the moment and are doing their best to maintain the survival and development of their own industries. They have no time to distract themselves and calculate others.

Even those powerful fund organizations have long been stuck in the quagmire and cannot extricate themselves. They are trapped and find it difficult to spare the energy to pay attention to other matters.

However, at this moment, Zhao Wenhao is in an enviable advantageous position.

There was a huge amount of funds exceeding 20 billion US dollars in his account!

If he intended to launch a short-selling attack on other companies, he would only need to use a small half of this money to cause the opponent's stock price to plummet like a dam breaking.

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