Starting out as a drug dealer in 1988
Chapter 529 Shorting Longxing 2
At this moment, Zhao Wenhao has already made his goal clear - that is the Longxing Group controlled by the Zhou family.
This hatred was deeply engraved in Zhao Wenhao's mind and he never forgot it.
Unfortunately, Hong Kong Island has always been the Zhou family's sphere of influence. They have worked hard here for many years and built an intricate and deep-rooted network of relationships.
In comparison, although Zhao Wenhao is also well-known in this area, he is ultimately difficult to be compared with the Zhou family.
Because of this, if one wants to successfully overthrow the Zhou family, one must first concentrate firepower on attacking their Longxing Group.
Zhao Wenhao had never been able to find such a great opportunity, so he could only wait silently, without stopping for a moment.
Time passed slowly, but hard work pays off, and now this once-in-a-lifetime opportunity finally came to Zhao Wenhao.
At the same time, after a long period of unremitting efforts and careful preparation, he has accumulated a considerable amount of funds, which will be cleverly used to implement a short-selling strategy on the stock price of Longxing Group.
Zhao Wenhao knew very well that as long as he could wait patiently, when the stock price of Longxing Group fell to a certain low point, the Zhou family, as the group's major shareholder, would be anxious to transfer funds from other channels in an attempt to reverse the falling stock price.
Once the Zhou family starts doing this, it means that there will be a huge hole in their capital chain.
Because when a large amount of funds are withdrawn to stabilize stock prices, the originally abundant cash flow will suddenly become tight.
In this way, Zhao Wenhao can successfully achieve his original goal - to drain the Zhou family's funds.
And when this moment really comes, it will be the best time for Zhao Wenhao to launch a fierce offensive.
At that time, he would not hesitate to give the other party a fatal blow, and ruthlessly suppress the stock price of Longxing Group, plunging it into an abyss from which there was no escape.
Under such circumstances, the Zhou family will face an extremely serious situation: not only will they lose the funds needed to continue to support the stock price, but they may even be forced to mortgage their own shares in order to raise funds for turnover.
If things really develop to that point, then the Zhou family will probably be just a stone's throw away from the finish line of bankruptcy.
Moreover, if the Zhou family were to be further enraged by the fire at this critical moment, the Zhou family would surely be reduced to ashes in the raging flames and would never be reborn.
Just imagine, once the Zhou family loses the golden signboard of Longxing Group, can they still be called the former majestic and arrogant Zhou family?
The answer is obviously no!
Most people in Hong Kong are snobs, including the upper class.
Once the Zhou family loses power, there will probably be more people stepping on them.
Time passed slowly and soon a week passed.
"Mr. Zhao, we have successfully completed all the layout work according to plan. Everything is now ready. We are just waiting for your final instructions and decision."
Kuang Youzhi hurriedly ran into Zhao Wenhao's spacious and bright office again, stood in front of the desk with anticipation, and waited quietly for further instructions from his boss.
Zhao Wenhao didn't respond to Kuang Youzhi's report immediately. He frowned slightly, pondered for a moment, and then suddenly asked, "What's the stock price of Longxing Group today?"
When Kuang Youzhi heard his boss' question, a confident smile flashed across his face, because he had obviously done his homework on this data and knew it by heart.
He answered without hesitation and clearly, "As of 14.87:315.04 this morning, Longxing Group's share price was yuan per share, corresponding to a total market capitalization of billion Hong Kong dollars."
After listening to Kuang Youzhi's report, Zhao Wenhao nodded gently, then muttered to himself thoughtfully: "Hmm... It seems that the stock price of Longxing Group has not dropped too much in the past week!"
When he said this, his tone seemed a little nonchalant, but his eyes gleamed with shrewdness and calculation.
Then, Zhao Wenhao suddenly raised his head, stared at Kuang Youzhi with a sharp gaze, and gave an order in a decisive tone: "Since that's the case, let's not hesitate any longer. Let's act immediately without further delay!
First, drive their stock price down to below 13 yuan.
Humph, I want to see how Zhou Changyan will react to this situation and whether he has the ability to deal with my attack!"
When Kuang Youzhi heard what Zhao Wenhao said, he immediately became energetic and his excitement was beyond words.
He quickly patted his chest and assured, "Please rest assured, Mr. Zhao, we have abundant funds and ammunition reserves. If we want to push Longxing Group's stock price below 13 yuan, it will be easy as pie and will not take much effort at all!"
After saying that, he turned around and walked out of the general manager's office quickly, rushing to convey and deploy specific operational tasks to the relevant personnel.
…………..
"Dad, something terrible has happened! Our company's stock price has suddenly plummeted like a roller coaster!"
In the magnificent and luxurious office of the Longxing Group, there was a loud "bang" and the heavy wooden door was suddenly pushed open, and a figure rushed in like a gust of wind.
The person who came was Zhou Xiaoyu. At this moment, his face was full of panic, and beads of sweat the size of beans were rolling down his forehead.
Behind the huge desk, Zhou Changyan was sitting upright, staring solemnly at the computer screen in front of him, his deep and sharp eyes not blinking at all.
Hearing his son's panicked cry, Zhou Changyan just raised his eyes slightly, glared at him fiercely with an extremely sharp look, and then focused his attention on the computer screen again.
Seeing his father so calm and composed, Zhou Xiaoyu's heart, which had been in his throat, finally settled down a little.
He took a deep breath, calmed himself down, then quickly walked to his father's side and looked at the computer screen.
"Ah? How could this happen!"
Just one glance and Zhou Xiaoyu couldn't help but scream.
It turned out that in this short period of time, the share price of Longxing Group plummeted from around 13.8 yuan, and in the blink of an eye it had fallen to a staggering 13.1 yuan!
You know, when the stock market opened this morning, Longxing Group's share price was still firmly at 15.2 yuan! Although it has since declined, it has at least been able to barely maintain fluctuations around 14.8 yuan.
You'll Also Like
-
I, the wizard, the foolish Buddha.
Chapter 439 4 hours ago -
Knight Lord: Start with Daily Intelligence.
Chapter 315 4 hours ago -
Sherlock Holmes at Hogwarts.
Chapter 184 4 hours ago -
Anime: Fight Sukuna at the beginning?.
Chapter 394 4 hours ago -
The Witcher: Make Witcher Great Again
Chapter 345 4 hours ago -
I reforged the glory of the magic ring in Middle-earth
Chapter 149 4 hours ago -
Fairy Tale: Little Red Riding Hood's Wolf Mentor
Chapter 230 4 hours ago -
Daqin Zhentiansi
Chapter 508 4 hours ago -
Hexagonal God
Chapter 631 4 hours ago -
Yin Shou Shu
Chapter 211 4 hours ago