Reborn in 2014: A One-Man Tycoon
Chapter 112 Rushing to Die
After seeing Zhang Jie off, Meng Chuan stayed at the villa alone until late at night.
With his clear memory of the future, his fingers flew across the keyboard.
He wrote a large number of key documents and then sent them all to Zhang Erming.
Immediately afterwards, he dialed Zhang Erming's number.
His tone was calm yet firm, explaining all the important matters in detail.
By the time the call with Zhang Erming ended, the clock on the wall was already pointing to past 11 p.m.
The next morning, before it was fully light, Meng Chuan woke up early.
For Xinhua New Company, today is a crucial day that will determine its survival.
Since Xinhua New Company is willing to act as a pawn for the Chen family, it must be prepared to bear all the consequences.
Morning light streamed through the window, gently bathing Meng Chuan's spacious and bright office.
Meng Chuan sat at his desk, his eyes focused on opening the stock chart of Xinhua New Company.
Quietly waiting for the opening moment to arrive.
My heart is filled with anticipation for the opening price of Xinhua Shares.
Looking back, Xinhua Shares was originally priced at 85 yuan per share yesterday.
During the fierce battle between Meng Chuan and the Chen family for control of the stock, the price surged to its daily limit twice.
The final closing price was 93.5 yuan.
In this game, Meng Chuan invested a total of 25 billion yuan.
I finally managed to snag 2800 million shares.
However, this only accounts for about 30% of Xinhua New Company's total shares.
Meng Chuan secretly grumbled to himself.
Mr. Jiang went to great lengths to hoard formaldehyde in order to make money.
The number of shares issued is ridiculously high.
He even suspected that the total value of Xinhua Shares' circulating shares on the market might exceed 10 billion yuan.
If we add the original shares held by the major shareholders, the total value would probably exceed the total market value of Xinhua New Company.
But none of this mattered to Meng Chuan.
He doesn't care about the future of Xinhua Shares at all.
On the contrary, he would love for the other party to issue as many as possible.
"I hope you won't be too greedy and won't set the opening price too high."
Meng Chuan's lips curled up slightly, revealing a meaningful, cold smile.
Time passes minute by minute.
Finally, the crucial moment of 9:15 arrived.
Meng Chuan tapped his finger lightly, completing the final page refresh.
When I saw Xinhua Shares' issue price today.
Meng Chuan's smile widened instantly, and he couldn't help but burst into laughter:
"Haha, they're really courting death!"
Meng Chuan really couldn't understand where Jiang Chun, or rather the Chen family, got their confidence from.
They actually dared to announce an exorbitant issue price of 180 yuan.
The issue price of a listed company each day is not determined based on the closing price of the previous day.
The company's manager can submit a price report based on their desired price.
The final price was determined after verification by the exchange.
If significant positive news emerges before the market opens, such as a major strategic breakthrough or securing huge orders.
The opening price could potentially surge.
"Is this an attempt to forcefully instill confidence in retail investors, preventing them from selling their shares and thus stopping me from taking over the market?"
Meng Chuan was quick-witted and soon discerned the intention behind the issue price of 180 yuan.
A high offering price indicates a positive market response.
As long as no one continues to sell stocks, Meng Chuan will not be able to buy up shares as aggressively as he did yesterday.
Even if you want to go on a shopping spree, you'll have to pay a much higher price.
Unfortunately, everyone misjudged Meng Chuan.
From the very beginning, Meng Chuan never intended to hog the house.
His only goal was to completely destroy Xinhua Shares.
Meanwhile, in a luxury villa in Shanghai.
Chen Zhendong also sat in front of his computer, intently waiting to watch the market.
When he saw the opening price of 180 yuan displayed on the computer screen, he instantly flew into a rage and began to curse:
"Damn Jiang Chun, he's such a coward! I told him to set the opening price at 200, but he only opened at 180."
Chen Zhendong's ambitions far surpass those of Jiang Chun.
At this moment, he holds a huge sum of six billion in cash.
He hadn't experienced this feeling of luxury in a long time.
Although the Chen family's market value is in the hundreds of billions.
But market capitalization is not the same as cash.
The ability to complete a cash transaction of six billion in one go is extremely rare in the history of the Chen family.
"Quickly, set the highest transaction price for me, and buy as many as you can."
Chen Zhendong's eyes were bloodshot, like a hungry wolf, and he couldn't wait to give the order.
He currently holds 25% of the shares, and yesterday he was slightly outmatched in his contest with Meng Chuan.
Therefore, he is determined to win today.
If he can control another 25%, exceeding 50%, he will firmly grasp the power of Xinhua New Company.
As soon as Chen Zhendong gave the order, the two traders in front of him sprang into action.
Set the price to 198 yuan and enable automatic buying mode.
The issue price was 180 yuan, and the increase of 10% brought it to 198 yuan.
Chen Zhendong is determined this time, sparing no expense, and vows to sweep up all the stocks on the market in the shortest possible time.
As Chen Zhendong bought in frantically at the highest price, Xinhua Shares' stock price soared like a rocket.
It hit the daily limit up immediately.
Seeing Chen Zhendong's series of actions, Meng Chuan on the other side was dumbfounded.
He sneered inwardly:
"This is...he deliberately jumped into the trap!"
Meng Chuan originally planned to continue acting.
To engage in a fierce tug-of-war with the other party, thereby driving up the stock price and maximizing profits.
But who could have imagined that the opponent would provide such a "divine assist"?
Since that's the case, Meng Chuan no longer needs to hide it.
"Didn't you want to go on a shopping spree? Here you go."
A cold glint flashed in Meng Chuan's eyes.
Without hesitation, he immediately placed all 2800 million shares he held as sell orders.
On one hand, it is set to automatically buy at the highest price.
On one hand, it's set to automatically sell at the highest price.
The two directly offset each other, completing the fastest transaction in history in the blink of an eye.
Meanwhile, Chen Zhendong on the other side was completely dumbfounded.
Looking at the sudden appearance of a large order for 2800 million shares on the screen.
His face turned deathly pale instantly, and his voice trembled:
"A massive order of 2800 million shares...this is Meng Chuan's. How...how did he sell them? Did he stop trying to buy them?"
A strong sense of crisis overwhelmed him like a surging tide.
Who else could have placed such a large sale order besides Meng Chuan?
The situation seemed to have deviated completely from his expectations.
The normal script would have been for him to buy at the highest price from the start, catching Meng Chuan off guard.
Then, with lightning speed, they seized more than 50% of the shares.
Meng Chuan realized this too late and began to desperately try to catch up.
Did Meng Chuan regret seizing the initiative?
But now Meng Chuan has stopped robbing.
Instead, they handed over all their stocks to him. What exactly happened?
"Young Master Chen, we now hold more than 55% of the shares, but of the 6 billion yuan we prepared, only 450 million yuan remains."
One of the traders' voices trembled slightly, and his face was full of worry.
Their original plan was to stop once they had more than 50% control.
After all, with such a high opening price, retail investors might not be willing to sell their shares.
They also thought that they would need to buy continuously for a long time to reach their goal.
Who would have thought that someone would place a massive order for 2800 million shares at the highest price?
This caused them to seriously exceed their budget.
2800 million shares, at 198 yuan per share, this transaction cost more than 55 billion yuan.
"Stop it now!"
Chen Zhendong finally realized what was happening, and his voice became sharp and shrill due to his excessive anxiety.
Meanwhile, at Meng Chuan's villa, Meng Chuan excitedly slapped his thigh.
Yesterday he spent 25 billion to acquire 2800 million shares.
Today it was resold for 5.544 billion.
After deducting the principal, he made a net profit of 3.044 billion.
The money is already in hand, but the show can't stop yet.
Meng Chuan took out his phone and dialed Zhang Erming's number:
"Mr. Zhang, let's get started! We need to expose Xinhua New Company's malicious hoarding of formaldehyde. I want to force Xinhua New Company into bankruptcy and completely disintegrate today."
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