Starting out as a drug dealer in 1988
Chapter 539 Shorting Longxing 12
"Mr. Zhao, do you mean..." Kuang Youzhi instantly became alert and asked eagerly with shining eyes.
Zhao Wenhao's lips curled up slightly, revealing a chilling sneer. "Humph, you must drive the price down to below 9 yuan today. I want to see how much money they can raise to deal with this crisis!"
"I understand, Mr. Zhao!" Kuang Youzhi did not dare to be negligent and nodded hurriedly in response.
Recalling the closing price yesterday - 11.92 yuan, if Zhao Wenhao really wants to force it down to below 9 yuan as he wishes, the funds required will be absolutely huge.
Especially under the current situation, the other party has obviously made an attitude of being determined to save the market with all their strength.
In this way, the two sides are bound to engage in a thrilling and fierce battle.
Of course, as to who will ultimately win this battle, the key lies in which side has stronger financial support.
However, as far as the current situation is concerned, New Century Investment Company has a unique advantage.
Because up to now, the company has not invested too much money in other projects or fields, so at this moment there is a huge sum of more than 20 billion US dollars lying quietly in its account!
Not to mention dealing with the Longxing Group, even if a few larger listed companies came to compete with it, they would probably find it difficult to withstand the fierce offensive of the New Century Investment Company!
If Zhao Wenhao had not been so obsessed with draining out the funds controlled by the Zhou family, perhaps with the existing financial resources in his hands, he could have easily driven down the share price of Longxing Group to below 3 yuan in just half a month!
................
"Mr. Zhao, the market is open."
“What’s the opening price?”
"As Mr. Zhao predicted, Longxing Group's stock price began to plummet as soon as the market opened. The current price is 11.26 yuan. It's a direct drop of 5.54%. It seems that investors really don't have a good impression of them, hahahaha..."
"Smash it for me, start now, and see how they respond!"
"Okay, I'll arrange it right away!"
……
Panic spread like a plague throughout the Longxing Group, leaving people with nowhere to escape.
At this moment, New Century Company was desperately dumping the stock, causing the stock price of Longxing Group to plummet like a broken dam.
In just one night, the situation changed dramatically.
The closing price of Longxing Group's stock was 11.92 yuan yesterday, but it suffered a heavy blow as soon as it opened today, plummeting to 11.26 yuan.
However, this was just the beginning of the nightmare.
As time passed, traders operated nervously, but the stock price continued to plummet like a runaway train.
At 10.38: am that day, the share price of Longxing Group had plummeted to yuan.
Faced with such a tragic situation, Chen Bing, director of the trading department, was extremely anxious. He no longer cared about the so-called rules and etiquette and rushed straight into the office of Chairman Zhou Changyan.
At this moment, Zhou Changyan was sitting at his desk, his eyes fixed on the numbers jumping on the computer screen, his face looking frighteningly pale.
Every time the stock price fell, it was like a heavy hammer hitting his heart, causing him to feel severe pain.
But despite this, he still forced himself to remain calm and tried to keep his composure.
"Jay, there's no way to stop it! Someone's been desperately trying to crash the market. We've already invested nearly 34 million yuan to support it, but it's no use at all!"
Chen Bing said breathlessly, with beads of sweat on his forehead.
Zhou Changyan frowned and replied through gritted teeth, "Keep investing! The funds promised by the bank will arrive this afternoon. We've prepared a total of 34 billion this time. I want to see if they have the financial resources to keep competing with us!"
As he spoke, he slammed the table hard to vent his inner anger and anxiety.
At the same time, these words were spoken to Chen Bing, but also to encourage himself, because he was well aware of the cruelty and difficulty of this financial war.
Chen Bing nodded vigorously with a serious expression. He knew very well that there was no other way at this moment.
The key to this fierce competition lies in which side has prepared more sufficient funds. Only in this way can they ultimately be the winner and reap the fruits of victory!
That afternoon, a sum of funds flowed in, instantly pushing the stock price, which had fallen to 10.12 yuan, up to 10.85 yuan.
Moreover, this powerful capital flow continues to be injected like a surging torrent, making the originally sluggish stock price soar like a shot of adrenaline, with no signs of stopping.
Obviously, everything was just as Zhou Changyan had predicted before. The huge amount of funds of 12 billion yuan obtained through mortgage loans had been successfully received, and was immediately invested in the turbulent stock market without hesitation, launching a thrilling battle to protect the market.
"Mr. Zhao, their funds are coming in!"
Kuang Youzhi rushed into the office like lightning, and breathlessly reported the current situation to Zhao Wenhao.
However, facing such a tense situation, Zhao Wenhao only raised the corners of his mouth slightly, revealing a disdainful smile: "Huh, why are you panicking? We still have some idea of the amount of their funds.
That’s okay, let them come in and make some noise for a while, and we’ll sit back and conserve our energy.
Wait until the end of the trading session and then give them a fatal blow!"
Hearing these confident words, Kuang Youzhi calmed down a little, then took the order and turned to leave.
In this way, under the all-out large-scale stock protection action of Longxing Group, the stock price soared like sesame seeds - rising steadily, presenting a scene of prosperity.
In this gripping capital game, who will ultimately win remains to be seen...
As of 3:10 p.m. (the Hong Kong stock market closed at 4 p.m.), the price of that stock had skyrocketed to an eye-catching high of $11.92!
This price is exactly the same as at the end of yesterday's trading.
At this moment, Zhao Wenhao was standing steadily in the busy and noisy trading area.
When his eyes fell on the shining number, the corners of his mouth twitched involuntarily, and then a faint smile appeared.
Then, he gently raised his hand, patted the shoulder of the focused trader next to him encouragingly, and said in a firm and steady tone: "Okay, let's get started!"
"Yes, Mr. Zhao!"
After receiving the instructions, the traders were cheered up and their eyes sparkled with excitement.
He could no longer contain his excitement and was eagerly waiting for his boss's orders.
Now that this moment has finally arrived, the well-trained trader immediately concentrates on the exciting operation.
His hands moved back and forth between the keyboard and the mouse like flying, and a series of data and instructions flowed out from his fingertips in an instant.
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