Starting out as a drug dealer in 1988
Chapter 530 Shorting Longxing 3
"Immediately dispatch personnel to thoroughly investigate this matter and make sure to find out exactly what happened. Find out for me whether this was a deliberate short-selling scheme or simply the result of normal market fluctuations!"
Zhou Changyan, who had remained silent all this time, finally couldn't contain his anxiety and doubts and shouted loudly.
He was keenly aware that this incident was by no means as simple and ordinary as usual.
In the past few months, although the company's stock price has shown a downward trend, thanks to its excellent regulatory capabilities and a series of response measures, the overall decline has always been controlled within a relatively reasonable range.
However, the situation today is completely different. In just less than half an hour, the company's stock price plummeted by more than 10%. Such a rapid and abnormal drop really shocked him.
"I immediately gave the order for them to start an investigation."
Zhou Xiaoyu, who was standing aside, did not dare to delay for a moment and quickly turned around and ran out the door.
About twenty minutes later, Zhou Xiaoyu hurriedly led a group of the company's elite backbones into the office.
Everyone had a solemn and serious expression on their face.
"Mr. Zhou, based on the information we currently have, we can confirm that someone is aggressively shorting the share price of our Longxing Group. However, the mastermind behind this is extremely cunning, using a large number of hidden accounts to operate, so we are currently unable to accurately determine their true identity and specific intentions."
The director of the trading department reported the latest progress of the investigation to Zhou Changyan in person with a heavy face.
Zhou Changyan's head, which had been lowered and staring at the screen, finally slowly raised up.
His face was solemn and his eyes were bloodshot. It was obvious that he had been in a state of high tension for a long time.
In just twenty minutes, the numbers on the screen plummeted like a broken dam, and the stock price fell mercilessly again.
At this moment, the stock price has fallen to the frightening price of 12.75 yuan.
In other words, in just this short period of time this morning, the company's stock price has fallen by an astonishing 14%.
If such a rapid decline continues unchecked, it is very likely to trigger the panic deeply buried in the hearts of investors.
Once this panic spreads, it will inevitably lead to a large number of investors frantically selling their stocks regardless of cost.
If it really develops to that point, Longxing Group will undoubtedly suffer an extremely heavy blow, and may even be unable to recover and fall into an abyss from which there is no escape.
Thinking of this, beads of sweat rolled down Zhou Changyan's forehead.
He turned his head suddenly, his eyes sharp as a torch, shooting straight at the financial director sitting next to him.
The financial director also had a serious expression on his face, with a frown on his face, knowing that the situation was urgent.
Before Zhou Changyan could ask, the CFO blurted out without hesitation, "As of now, the company still has HK$2.16 million in its account, and this money can be mobilized at any time."
Hearing this, Zhou Changyan breathed a sigh of relief, but his expression remained grim.
“We must not allow this situation to continue to deteriorate!”
Zhou Changyan said this in a decisive tone, his words revealing an unquestionable determination.
He then immediately issued an order: "Immediately arrange to use this money to buy our company's stock. Do everything you can to raise the stock price!"
As this order was issued, the entire conference room was instantly filled with a tense and busy atmosphere.
A battle to defend the stock price, which concerns the survival of Longxing Group, has officially begun.
………………
"How's it going?"
Zhao Wenhao walked out of his spacious and bright office with a concerned look on his face, and hurried to the bustling and busy trading area.
I saw Kuang Youzhi standing among a group of traders, concentrating on directing his men to engage in a fierce battle with their opponents. He kept gesturing with his hands and shouting various instructions.
Seeing this, Zhao Wenhao walked forward quickly.
Kuang Youzhi turned around and saw that it was his boss who was there. He quickly stopped what he was doing and walked over to him and said, "Boss, we've successfully pushed down the stock price! It's currently 12.7 yuan per share. However, for now, the other party doesn't seem to be reacting much, so we're not sure whether they'll take any measures to support the market."
After saying that, Kuang Youzhi wiped the sweat from his forehead.
However, just as he finished speaking, a sharp-eyed trader nearby suddenly exclaimed, "It's moving! A large amount of capital has entered the market and is buying like crazy!"
The shout instantly attracted everyone's attention.
"Oh?" Upon hearing the news, Zhao Wenhao's originally slightly tired eyes immediately lit up, and his whole body became energetic.
He rushed to the trader and asked anxiously, "How much money did they invest in total this time?"
The trader didn't hesitate, quickly checking the data on the computer screen. Then, he looked up and reported to Zhao Wenhao, "According to preliminary statistics, this capital has been divided into three batches and gradually entered the market, totaling approximately 13.1 million Hong Kong dollars. And due to their large purchases, the current share price has been pushed up to yuan per share."
After listening to the report, Zhao Wenhao narrowed his eyes slightly, fell into deep thought for a moment, and then decisively issued an instruction: "Don't act hastily. Let's hold our ground and observe whether they have any follow-up actions."
The atmosphere in the entire trading area was solemn. Everyone was staring at the numbers and curves constantly jumping on the big screen, waiting for the next development.
Just when New Century Investment Company chose to wait and see and remain on hold for the time being, the Longxing Group on the other side showed no signs of stopping.
They continue to buy stocks without stopping, as if they are full of confidence and determination in this capital game.
It didn't take long for the market to respond - Longxing Group's stock price soared like a rocket, advancing all the way, quickly breaking through one integer mark after another, and finally stopping steadily at the price of 13.8 yuan.
During this period, Longxing Group continuously injected approximately 2000 million yuan of its own funds into the stock market, and relied on its strong influence to attract many other institutions and individual investors to follow suit.
For a time, Longxing Group's stocks became a hot commodity in the market.
The hour hand pointed to 12 o'clock. Zhao Wenhao raised his wrist, glanced at his watch and said, "That's it for the morning!"
As the morning's trading drew to a close, everyone couldn't help but breathe a sigh of relief.
After being tense all morning, I can finally relax a little.
The hungry staff members quickly stood up and ran to the restaurant in two steps, hoping to grab a delicious lunch before the crowd came;
Others who had other matters to deal with did not dare to delay and acted quickly, trying to complete the work at hand within the limited time.
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