Reborn in 2014: A One-Man Tycoon

The stock price of Star Shine Entertainment is already causing widespread anxiety.

Especially with Sun Dashan's large-scale short selling, Xingyao Entertainment's stock price nearly hit the daily limit down.

Meng Chuan's more than thirty accounts went on a shopping spree, like thirty high-powered water pumps.

All the available orders on the market were sold out.

Despite such a precarious situation, Star Entertainment's stock price has managed to rise steadily.

For a time, many individual investors and institutions were confused.

"Damn! Could we have been tricked?"

"It's quite possible! These wicked capitalists are all in cahoots."

"That's right, it's obvious they're in cahoots, their goal is to trick us into selling so they can buy at rock-bottom prices!"

Investors who were eager to sell their shares earlier began to protest.

Meanwhile, some individual investors who didn't have time to sell and some institutions are feeling fortunate.

Many people even joined Meng Chuan's team, frantically buying up goods together with him.

Because if their guess is true, Xingyao Entertainment's stock price will definitely soar after they buy at the bottom.

Getting one now is a steal.

"Haha, you pathetic wretch! Greed is an incurable vice for you lowly people!"

Sun Dashan looked at the ever-rising stock price of Xingyao Entertainment, and his smile grew even wider.

He even had a sense of superiority, as if he were watching the people at the bottom of society struggle from a god-like perspective!

However, over time, Star Entertainment's stock price has continued to rise steadily.

The stock price quickly reached 192 yuan per share, almost at the issue price.

Sun Dashan was alright, but many of the others couldn't sit still.

David, president of Castle Investments, keeps a close eye on the stock market.

He immediately called Sun Dashan:

"Sun Dashan, that's enough, let's get started!"

David was genuinely getting anxious.

This time, he would rather earn less than risk any unexpected problems.

Sun Dashan currently has less than 3600 billion yuan in funds at most.

But his short selling price is 181 yuan per share, and with 1 billion shares, that means more than 180 billion yuan has already been spent.

Short selling requires margin, and the minimum is 50% according to the rules.

In other words, Sun Dashan currently has less than 1800 billion yuan in funds available for operation.

The remaining 1800 billion can only lie in the account and cannot be touched.

Therefore, normally speaking, Sun Dashan should already be forced to liquidate his positions.

However, the central company gave Sun Dashan a back door and quietly adjusted the margin ratio.

However, Sun Dashan's available funds will not exceed 2000 billion yuan.

We're already close to the margin call threshold; continuing down this path could very well be like playing with fire.

"Mr. David, don't worry, there will be absolutely no problem."

Sun Dashan said with great conviction.

But David's voice was cold and ruthless:

“Sun Dashan, don’t be too confident. Look at the current stock price. If this continues, all 3000 billion yuan of investment from Castle Investment will be wasted! Didn’t your grandfather say he would release the news of the Sun family’s bankruptcy? Why hasn’t he done anything yet? This time, you can only succeed and not fail. If you dare to cheat us, I will wipe out your entire Sun family.”

David threatened, and then hung up the phone.

Sun Dashan, who had been all smiles, immediately turned grim upon hearing the dial tone.

"David, you just wait! When I climb to the top of Castle Investment, you'll be the first person I kill!"

Sun Dashan cursed, but an even crazier idea surged into his mind.

He's going to go all out; he needs to amaze everyone to get on the radar of Castle Investment's top management more quickly.

Sun Dashan made a phone call to the central company:

"Old Song, lower my deposit to 30% again."

You will be outside, and your orders will not be accepted.

David wanted Sun Dashan to take action immediately, but he wanted to gamble one more time!

He is now the head of Sidu, with 3500 billion, and only needs to deposit 30% of that amount.

Then he could access up to 2400 billion yuan in funds.

“Mr. Sun, this is not in accordance with the rules! I’ve already taken a huge risk by lowering it to 45% for you.”

A worried and fearful voice came from the other end of the phone.

"Old Song, you should know the strength of my Sun family. I will repay you for helping me this time."

Sun Dashan said coldly:

"Besides, you're already on my pirate ship, and you have no say in anything anymore. Otherwise, if I go bankrupt, you won't be any better off."

Sun Dashan is now dreaming of entering the core circle of Castle Investment.

He wouldn't dare mess with David, the president of the Asian region, but he didn't even consider the vice president of a mere central company a threat.

"Sun Dashan, what do you mean?"

Old Song's voice also fell silent.

"Literally, I'm going to increase borrowing now. You figure it out!"

As Sun Dashan spoke, he mimicked David and hung up the phone with an air of authority.

When Sun Dashan increased his borrowing.

At this moment, at Mar-a-Lago.

"Report on the results of the battle."

Meng Chuan suddenly said.

"We have more than 30 accounts that collectively hold 35% of the circulating shares of Xingyao Entertainment."

"We hold 8.4 million shares in circulation, with a total value of 1520 billion."

The trader began reporting to Meng Chuan.

Normally, the circulating shares issued by a listed company usually account for 30% of the total share capital.

However, the Sun family issued 10% of their shares to Sidu Company through a private placement.

This is why Xingyao Entertainment's circulating shares account for 40% of the total.

In just one morning, Meng Chuan almost swept up the vast majority of the circulating shares.

Less than 5% of the circulating shares are still held by some very large institutions and some bold individual investors.

However, Meng Chuan bought the shares at a price close to the daily limit down, which was 181 yuan.

Therefore, it only cost more than 1520 billion.

Now, due to Meng Chuan's crazy buying spree, many individual investors and institutions have also started to follow suit and engage in chaotic buying.

Star Entertainment's stock price has rebounded again and has now risen to 192 yuan per share.

If Meng Chuan were to clear out his inventory now, he would already have made billions in profit.

"The market is about to close for lunch. Before it closes, keep buying as much as you can."

Meng Chuan confessed.

With only a few minutes left before the market closed, Meng Chuan sat down and began to enjoy his tea.

"Young Master, Old Man Sun is probably not going to make it."

Seeing that Meng Chuan was free, Ying Die whispered something in his ear.

"You can't handle this? Your mental fortitude is terrible! And you call yourself a江湖人 (jianghu ren, meaning someone who's involved in the underworld)?"

Meng Chuan frowned, looking somewhat disdainful.

Compared to Grandpa Sun when he was young, Meng Chuan felt that he was still considered kind.

Meng Chuan thought that someone like him wouldn't be easily angered to death!

Unexpectedly, in the end, he turned out to be just like any other ordinary person!

“Sun Guan has been begging to see you. If you don’t see me, I will…”

Yingdie said, but Meng Chuan suddenly raised his hand to stop her.

He stood up and said:

"Let's meet him then! This Sun Guan still has some use to him."

Yingdie nodded, and under her guidance, Meng Chuan finally found the dying Grandpa Sun and the haggard-looking Sun Guan in a nanny's room.

Upon seeing Meng Chuan walk in, Sun Guan immediately struggled to slide off his wheelchair and knelt before Meng Chuan:

"Meng Chuan, I beg you, please have mercy! My dad is dying, please let us leave quickly, there's still a chance to save him..."