Reborn in 2014: A One-Man Tycoon

Chapter 348 is utterly lawless.

Shanghai, headquarters of Sidu Company.

Sun Dashan's eyes were bloodshot.

Sun Dashan desperately wanted a resounding victory.

He stayed up all night, reviewing the capital flows, leverage, and institutional holdings of A-shares over the past three months.

He either doesn't act, or he does, and when he does, it's sure to be a resounding success.

He didn't even bother to glance at the startup section.

The ChiNext market is too small; even if it wins, it will be difficult to create widespread panic.

But the financial sector is different.

Before the stock market crash, financial leverage was on the verge of bursting.

If problems arise in the financial sector, it will inevitably trigger a series of chain reactions.

At that time, it won't be just a certain sector that will be affected by the fluctuations.

It refers to the entire A-share market.

With this breakthrough, the subsequent actions can achieve great results with minimal effort.

That was the highlight of his abilities.

Under his orders, sell orders worth hundreds of millions of yuan were simultaneously placed for the four major state-owned banks (ICBC, ABC, BOC, and CCB), causing the stock price to fall by more than 3% instantly!

However, as soon as the sell orders from the four major banks were placed, they were immediately absorbed by mysterious funds, and the stock price remained fluctuating within the -2% range.

"As expected, someone is propping up the market. But who is it? And... can you protect it?"

A sinister glint flashed in Sun Dashan's eyes.

He already had a meticulous plan, and no one could stop the storm that was about to break out.

Sun Dashan suddenly stood up and sternly addressed the trading team behind him:

"Initiate the 'Circulation Cutoff Plan'! Target—the four major state-owned banks: ICBC, ABC, BOC, and CCB!"

"The first wave of short orders, totaling 500 billion yuan, was all dumped on ICBC!"

"Yes!"

The traders quickly executed the orders, and within just three minutes, ICBC's stock price was driven down by a massive sell order, breaking through -5%, and market panic spread instantly!

Mar-a-Lago, Financial Information Center.

"Young Master! ICBC is experiencing abnormal selling pressure; it's about to be driven down!"

"One of the traders said nervously."

Meng Chuan's gaze sharpened, and he immediately pulled up ICBC's intraday transaction data.

"It couldn't have been retail investors, nor could it have been institutions forced to liquidate their positions..."

Meng Chuan stared at the timestamps of those massive sell orders and asked:

"Have you found out who it is?"

"Young Master, I'm infiltrating. Give me three minutes."

"It was said by an indifferent young man."

He was probably not very old, only about sixteen, but he was the leader of all the hackers present.

Meng Chuan remembered his code name as: Dao.

Meng Chuan nodded and said to the trader:

"They are focusing their firepower on ICBC, trying to create panic about the collapse of the bank's financial sector! Whoever it is, we cannot let them have their way and must retaliate immediately."

If ICBC collapses, the entire banking sector will be completely out of control!

Therefore, Meng Chuan can allow other sectors to collapse, but the financial sector is the only one that cannot collapse.

Because, I can't jump!

Twenty traders acted simultaneously, and Meng Chuan also invested 500 billion to absorb all the short positions.

However, ICBC's stock price was only pulled back by -3%.

Because both retail investors and institutions are frantically selling off their shares.

Meng Chuan didn't have the energy to deal with retail investors; the only thing he needed to control was foreign capital.

Sidu Company Headquarters.

"Mr. Sun, our short position has been taken!"

The trader reported with some concern.

Sun Dashan sneered:

"You've taken the bait! Hehe, I'll see just how much you have to offer!"

Sun Dashan had long anticipated that this mysterious fund would hold onto ICBC.

But his real killer move wasn't ICBC at all!

ICBC was merely a tactic he used to cripple Meng Chuan's funds.

"The second wave, 800 billion in short orders, all dumped on Agricultural Bank of China!"

"At the same time, I will release false information about 'trust liquidation' to create complete panic in the market!"

This was a backup plan that Sun Dashan had prepared long ago.

He had already prepared a large group of online trolls.

His 800 billion short position could potentially trigger at least 1600 billion, or even 2000 billion, in market activity.

Like a snowball rolling downhill.

With his 800 billion yuan leading the way and rolling down the snow-capped mountain, plus the fake news he spread in the market.

Once we reach the bottom of the mountain, the 800 billion snowball will at least double in value, or even more.

Within minutes, a large amount of information appeared on the market.

Breaking News! Multiple trust companies face leveraged margin calls, bank stocks may face systemic risk!

Fake news combined with real selling caused Agricultural Bank of China's stock price to plummet 8% in ten minutes, marking its largest single-day drop in history!

Retail investors frantically sold off their shares, while institutional investors rushed to sell, creating a bloodbath in the entire financial sector!

Mar-a-Lago.

"Young Master, the Agricultural Bank can't hold on any longer!"

The other trader's voice trembled.

ICBC had just calmed down when ABC collapsed!

It's like a dam about to burst.

You can block one end, but you can't block the other!

Meng Chuan stared at the frantically fluctuating numbers on the screen, his face also grim.

"Young Master, we've found out. It's Sidu. Sidu Company is selling off its shares."

Suddenly, the still-youthful-looking Dao spoke.

Dao is definitely a genius boy.

In the hacking world, he is at least among the top three.

He secretly hacked into Sidu's company system.

"Sun Dashan, it really is you! You've finally shown your fangs..."

A hint of murderous intent flashed in Meng Chuan's eyes.

History is indeed still history.

This company is definitely the biggest traitor in this stock market crash, and also one of the biggest beneficiaries.

"Target – Agricultural Bank of China, purchase limit…unlimited!"

Meng Chuan decisively issued the order.

It's just a matter of having more money!

As long as it's not a full-scale war, Meng Chuan really doesn't care about a few hundred or a trillion dollars.

"Yes!"

The traders started operating again.

Many of them moved so fast that their fingers were just afterimages.

Meanwhile, Old Huang, already seated in the helicopter, stared at the screen in front of him, his heart pounding with fear.

Yes, Mr. Huang needs to fly to Shanghai immediately, but the fastest flight is three hours away.

Old Huang couldn't wait any longer, so he made a phone call and summoned a military helicopter.

At this moment, they are charging menacingly towards Shanghai.

However, even in the helicopter, Mr. Huang's eyes never left the computer screen.

Seeing the fierce "strangulation" in the financial sector, Mr. Huang was quite angry.

"This is outrageous! Absolutely outrageous! Do they really think my national team is just for show?"

Old Huang cursed angrily, took out his phone, and made a call.

"Get Huijin Company ready! I won't allow the financial sector to fall by more than 2%."

Mar-a-Lago.

Actually, even without the national team's intervention, Meng Chuan alone is enough to easily defeat Sun Dashan.

A mere 800 billion in short positions was snapped up in an instant by more than twenty accounts.

Agricultural Bank of China's stock price surged dramatically from -8% to -4%.

Meng Chuan bought up all the panicked retail investors who followed the trend, no matter how much they sold.

As for the larger institutions, they did not follow suit.

It's obvious to anyone with eyes to see that some people are dumping shares while others are supporting them.

The transaction volume involved is in the hundreds of billions.

Who else could have such a large amount of funds to support the market?

Besides the national team, who else has that kind of strength?

The national team is out of the game, so what's there to panic about?

Some bolder institutions not only didn't sell, but actually bought in.

Agricultural Bank of China's stock price instantly jumped another 2 percentage points, reaching -2%.

This scene caused Sun Dashan, who had thought victory was assured, to suddenly stand up, his face deathly pale:

"How can it be?!"

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