Reborn in 2014: A One-Man Tycoon

What Meng Chuan didn't know was that during his private conversation with Fifth Master...

In a courtyard house in Beijing, an elderly man had gathered a dozen or so people for a private meeting.

If Meng Chuan were here, he would definitely recognize him.

This old man was none other than Elder Huang, whom I had met twice before.

The dozen or so people standing in front of Elder Huang might be unfamiliar to the average person.

In fact, they are all core members of the national economic think tank, including many senior experts from the central bank and the China Securities Regulatory Commission.

"Can you trace the source of the funds used to stabilize the market?"

Old Huang asked in a deep voice.

Today's sharp fluctuations in A-shares have alarmed the top leadership.

The moves by foreign capital are obvious, but taking any rash action now could trigger even greater panic; the best course of action is to remain calm and observe.

Who knew that foreign capital would suddenly make its move, and the timing was also very cunning.

It doesn't give people any time to react at all.

Fortunately, private capital intervened to support the market; otherwise, the consequences today would have been unimaginable.

"The funding chain of retail accounts ultimately points to 'Mengchuan Capital,' and the actual controller of this company is 'Mengying Capital,' which is registered in the Cayman Islands."

A middle-aged man wearing glasses quickly reported:

"Mengying Capital is the one that previously hijacked the Li family's deal by acquiring 02 Telecom in its entirety. Its background is complex, and it is currently impossible to confirm whether it is directly related to Meng Chuan himself."

Old Huang frowned deeply.

Meng Chuan—the young man nominated for the Nobel Prize for two groundbreaking papers—has now once again come into the public eye in this way.

Is this a coincidence, or is it all Meng Chuan's doing?

Mengying Capital has foreign investment background, so is Meng Chuan a friend or foe?

"Block the news immediately."

Old Master Huang decisively gave the order:

"All investigation authority related to these retail investor accounts has been centralized, and no organization may access the data without approval."

Normally, information about retail investors is only required if their shareholding exceeds the limit and thus requires disclosure.

Without disclosure of shareholding, no one other than regulatory agencies can investigate the information of retail investors.

However, it cannot be ruled out that some people in financial institutions and regulatory agencies have good personal relationships.

The practice of privately exposing the information of retail investors is actually not uncommon.

With the enemy and friend still unclear, it is not advisable to disclose information about Meng Chuan.

Otherwise, it would be easy for Meng Chuan to be exposed to foreign capital.

"I immediately granted them higher privileges."

The middle-aged man pushed up his glasses:

"The stocks that these accounts bought yesterday were all stocks that were being dumped by foreign capital, clearly an attempt to hedge against the sell-off. They have done a good job in supporting the market."

Those present were well aware of the ruthlessness of foreign capital.

If those foreign investors find out who swindled so much money from them...

I fear it will be another bloody battle.

Old Huang nodded slightly, then spoke in a serious tone:

"Before the market opens tomorrow, I need to see three contingency plans—the most optimistic, the most pessimistic, and..."

Old Huang paused for a moment:

"If necessary, we will initiate the filing process for Huijin's increased holdings."

Everyone's hearts trembled.

Huijin's direct intervention signals a national-level market rescue effort, which will not be used unless absolutely necessary.

After everyone left, Old Huang stood alone by the window, muttering to himself:

"Meng Chuan, whose side are you really on..."

……

It was quite late when Meng Chuan returned to Mar-a-Lago from Blackman Bar.

After returning, Meng Chuan kept reviewing the large amount of information analyzed by the experts.

Although the data was densely packed, Meng Chuan read it quickly.

He needs to truly know himself and his enemy in order to win every battle.

It wasn't until Yingdie brought Meng Chuan a bowl of hot soup that Meng Chuan realized it was already three in the morning.

After finishing his soup, Meng Chuan went to sleep.

Meng Chuan woke up early the next morning and sat in front of the huge screen, waiting for the market to open.

"Young Master, the A-share market has opened, and the ChiNext index opened 1.1% lower. Zhongke's stock price has hit the daily limit down!"

One of the traders reported loudly to Meng Chuan.

Meng Chuan stared at the glaring green numbers on the screen, his expression grave.

"As expected, panic has taken hold, and institutions are scrambling to get ahead."

He said helplessly:

"The hundreds of billions we invested yesterday have now become a hot potato."

Should we intervene to support the market?

Yingdie asked somewhat angrily.

Yesterday, thanks to Meng Chuan's market intervention, the ChiNext index bucked the trend and grew despite attacks from foreign capital.

Now, things are really messed up; the enemy hasn't even appeared yet, but our side has already become deserters.

Before the war even began, the army was utterly defeated.

How could Yingdie not feel disheartened?

"We can't protect them."

Meng Chuan shook his head:

"The bubble in the ChiNext market is too big. If we stubbornly resist it, we will only be strangled by foreign capital and local institutions."

Meng Chuan wasn't angry.

Capital seeks profit, and no one wants to become a victim of exploitation; this is understandable.

Meng Chuan pondered for a few seconds, then quickly gave the order:

"We will proceed in two steps: First, we will sell half of our positions at a 10% discount through off-exchange block trades to avoid impacting the market."

"Second, simultaneously open short positions in stock index futures to hedge risks."

In plain terms, Meng Chuan is also leaving.

Moreover, Meng Chuan withdrew even more thoroughly, offering a direct 10% discount.

This is the price at the daily limit down, although Meng Chuan will suffer huge losses.

But Meng Chuan had no choice; he had eaten too much yesterday.

If he had been any slower, he would have suffered even greater losses.

Moreover, Meng Chuan not only intends to withdraw, but also to short sell.

Meng Chuan's idea was simple: since foreign capital was going to short the market anyway, no one could stop them.

In that case, it would be better to just let Meng Chuan short the stock.

This way, Meng Chuan can actually make a profit. Since it's cheaper for foreign capital, it's better for Meng Chuan to benefit.

"But this would cause the ChiNext market to collapse even faster..."

Yingdie said with some concern.

Meng Chuan took on a 1000 billion yuan deal yesterday.

It can be said that Meng Chuan is now the pillar of the ChiNext market.

Once Meng Chuan, this pillar of strength, falls.

The entire ChiNext board is finished.

Moreover, such blatant short selling raises suspicions of complicity and could easily trigger regulatory scrutiny and investigation!

"Sacrifice the pawn to save the king."

Meng Chuan said with sharp eyes:

"We must reserve our ammunition for the financial sector—that's where the decisive battle will take place."

As soon as Meng Chuan finished speaking, a trader suddenly shouted:

"Young Master! Bank stocks are showing unusual activity! The four major state-owned banks—ICBC, ABC, BOC, and CCB—have simultaneously seen sell orders exceeding 100 million yuan, with prices falling by more than 3%!"

Meng Chuan suddenly stood up—faster than he expected!

Foreign capital is clearly taking advantage of the panic triggered by the collapse of the ChiNext board to simultaneously attack the core of the financial system.

"Investigate the source of these sell orders!"

Yingdie quickly retrieved the data, her expression changing drastically:

"It's not an overseas account...it's a forced liquidation order from several domestic trust institutions! Their pledged stocks have been liquidated!"

"Kill someone with a borrowed knife?"

Meng Chuan instantly understood:

"Foreign capital had already calculated the vulnerability of leveraged funding chains!"

He immediately turned to the trading desk:

"Find out which trust institutions are involved. Also, all funds have been redirected to bank stocks—place buy orders to prop up ICBC, ABC, BOC, and CCB, pushing the price down to 2% below yesterday's closing price!"

As Meng Chuan calmly issued his order, the entire basement of the Haihu Manor was filled with the clattering sound of keyboards.

Meanwhile, in a courtyard house in Beijing, Old Huang was also looking at the screen in front of him.

He suddenly shouted angrily:

"You little brat, you really dare to profit from human suffering? Book me a plane ticket, I need to fly to Shanghai right now!"