Starting out as a drug dealer in 1988

"Mr. Zhao, do we need to continue suppressing it this afternoon?"

Inside the New Century Investment Company, Zhao Wenhao was leisurely drinking tea, while Kuang Youzhi stood in front of him and asked questions.

This kind of treacherous feeling is great. Several days have passed, and the Longxing Group still doesn't know that it was Zhao Wenhao who stabbed them in the back.

In fact, if it is not mentioned, many people may not think of this situation.

No one knew that Zhao Wenhao had earned more than 200 billion US dollars in the six months from last year to now, and Zhou Changyan did not even pay attention to what Zhao Wenhao was doing now.

In Zhou Changyan's opinion, Zhao Wenhao's Hengyuan Electronics was struggling to survive, so how could it have enough funds to short Longxing Group?

"Longxing Group's share price is currently 6.27 yuan. Keep pushing it down this afternoon, and try to get it below 5.5. I estimate their funds are almost exhausted. If they continue to resist, Zhou Changyan will need to pledge shares again to raise funds. We'll wait for him."

Zhao Wenhao took a leisurely sip of tea, the corners of his mouth unconsciously curled up.

He had received news that Zhou Changyan had previously sold a lot of real estate to raise funds.

Last time, he even pledged 5% of his shares.

Now that the stock price has been suppressed to such an extent, the bank needs more shares as collateral to balance the previous accounts.

In this way, the shares belonging to Zhou Changyan will not exceed 25% at most.

If he wants to continue the fight, Zhou Changyan will have to continue pledging his shares.

In this way, as long as the stock price is pushed down to below 2 yuan in another week, all of Zhou Changyan's shares will be pledged.

If Zhou Changyan could not raise funds to redeem his shares at that time, then those shares would belong to the bank, and he would even owe the bank a sum of money.

If that were the case, his Zhou family would be declared bankrupt.

Of course, if Zhou Changyan chooses to stop now, he will still own about 25% of the shares.

Even if the stock price is suppressed again, he is still the largest shareholder and chairman of Longxing Group.

Although the Longxing Group no longer has the glory it once had, it still retains some of its status.

Unfortunately, how could someone who once possessed supreme authority tolerate his decline?

Of course Zhou Changyan didn't want to do that, so he continued to give it a try.

Zhao Wenhao saw this clearly, so he continued to squeeze Zhou Changyan's shares until the final end.

"Okay, Mr. Zhao, I'll take care of it."

Kuang Youzhi looked at the smile on his boss's lips and knew what he was thinking, so he replied immediately.

"Go ahead, don't feel pressured, we have plenty of funds!" Zhao Wenhao waved his hand and said nonchalantly.

In the afternoon, the Hong Kong stock market reopened.

As New Century Investment Company continued to suppress the stock, Longxing Group's stock price fell sharply again.

Although there was some resistance along the way, the effect was not significant.

Obviously, Longxing Group no longer has many chips, and without external assistance, it can only retreat step by step.

As of the close of the day, Longxing Group's share price was 5.41 yuan.

When the stock market opened the next day, Longxing Group's opening price fell directly to 5.03 yuan.

This time it was not Zhao Wenhao's intentional act, but a market behavior.

Obviously, the majority of shareholders have lost confidence in Longxing Group and started selling.

With the intervention of New Century Investment Company, the stock price fell again.

By 11 a.m., the stock price finally fell to 4.57 yuan.

............... ..

"Mr. Zhao, they're starting to fight back!"

At 1:40 p.m., Kuang Youzhi excitedly rushed into his boss's office.

"Oh? So fast?" Zhao Wenhao was stunned, but at the same time he couldn't help but get excited. "Let's go and take a look!"

Now he is waiting for Zhou Changyan's counterattack. If he hadn't stopped slightly, the stock price would have fallen below the 4 yuan mark.

As long as we can attract Zhou Changyan's funds step by step, we will win.

When the two arrived at the trading area, they saw all the traders typing on their keyboards.

At this time, the stock price is rising slowly.

4.68 yuan, 4.79 yuan, 4.92 yuan...

Soon, the stock price broke through the 5 yuan mark.

"Hit him!"

Just as the stock price continued to rise, Zhao Wenhao issued an order.

Waves of operations began immediately, large sell orders began to appear, and the stock price returned to below 5 yuan.

4.93 yuan, 4.83 yuan, 4.61 yuan...

Just when the stock price returned to 4.5 yuan, the two sides began to compete with each other.

For a while, the two sides were at a stalemate, and the turnover rate continued to rise, even reaching a peak of around 40%.

"Don't stop, increase your investment, and keep going!"

Zhao Wenhao, who was standing behind the trader, stared at the trading page and gave orders again.

Soon, the effect was apparent.

4.5 yuan, 4.41 yuan, 4.32 yuan, 4.13 yuan...

As of the closing of the day, the share price of Longxing Group also stopped at 4.02 yuan.

On that day, both sides invested more than 10 billion yuan, but in the end, Zhao Wenhao, who had more funds, won.

Tomorrow is Saturday, and the stock market finally has a short break.

Longxing Group can finally breathe a sigh of relief.

In the chairman's office, Zhou Changyan's face was ashen, his eyes fixed on the computer screen, unable to believe it.

This time, he pledged another 15% of his shares.

In addition to a portion used to repay the difference in the previous mortgage, the remaining part is still borrowed from the bank.

He thought that with the more than 10 billion yuan borrowed, the stock price should be able to be raised to at least 5 yuan.

But the reality was cruel. The opponent seemed to have endless funds and simply pressed him to the ground and rubbed him again.

This made him feel discouraged and he even thought about giving up.

The stock price fell by nearly 40%, and the shares he had just mortgaged would not be enough to repay the funds.

As a result, he will have to use part of his remaining 10% shares to offset the bank.

Calculated in this way, the total shares remaining belonging to Zhou Changyan are less than 5%.

If the stock price continues to plummet next week, Zhou Changyan will have to pay the bank for his remaining shares. Even that 5% might not be enough, and he'll need to sell off some of his assets to offset the loss with the bank.

"Oh, it's over!"

Zhou Changyan calculated the gains and losses, slowly closed his eyes, and lay down on the chair.

At this moment, the door of the office was pushed open without warning, and three people rushed in from outside. They were Zhou Xiaoyu, Chen Bing and Wang Tong.

"What are you doing? Don't you know the rules?"

Zhou Changyan suddenly opened his eyes and stared sharply at Chen Bing and Wang Tong, who looked terrified.

"Mr. Zhou, I have just found out who is behind this and came to report to you right away." Chen Bing said hurriedly in fear.