Reborn in 2014: A One-Man Tycoon
Chapter 478 I've Always Been Lucky
The stock price of Meng Po Guild has been falling.
But it has never hit the daily limit down.
The highest drop was 8%.
However, today, with a large influx of capital, short selling has begun.
The stock price of Meng Po Guild plummeted.
It hit the daily limit down in less than half an hour after the market opened.
Actually, it's not just the Meng Po Guild.
Businesses related to Meng Chuan have all started to decline.
Apart from Douyin, which hasn't been launched yet, it seems to be unaffected.
Other stocks, including Hongda International, also nearly hit their daily limit down.
Hongda International's core business is very small.
Its total market value is only over 10 billion.
However, almost every company related to Meng Chuan has been aggressively shorted by capital.
When Meng Chuan arrived at the information control center in the basement.
Everyone wore a worried expression.
The total market value of Meng Chuan's companies has evaporated by more than 100 billion yuan.
"Hehe, it seems Robert is even more outstanding than I imagined!"
Looking at the candlestick chart of his company's stock price, Meng Chuan was not worried but rather pleased.
Meng Chuan originally thought that Robert would only target the Meng Po Guild.
Unexpectedly, he expanded into all of his own companies.
Actually, it's not that Robert is outstanding.
His current alliance is simply too large.
With the addition of BlackRock, a large amount of capital was instantly attracted.
Other capital groups that hadn't formed an alliance with Robert also started to follow suit.
Now, all of Meng Chuan's companies have become the preferred targets for short selling by all foreign capital.
This is clearly the best time to take advantage of Meng Chuan's illness and kill him.
It wasn't just foreign capital that started this lavish feast targeting Meng Chuan.
Even some domestic capital firms, such as the Central Corporation, are frantically shorting all the companies under Meng Chuan's name.
"Young Master, the evidence against Wu Yifan has been collected. Now we can turn our image around and boost the stock price at any time."
Dao stepped forward and said to Meng Chuan.
Every day, I watch the stock price of the company under the young master's name plummet.
That made my heart ache.
This is all pure, unadulterated money!
If this continues, the young master will go bankrupt.
"Don't rush, wait a little longer."
Meng Chuan shook his head and denied it:
"Whale hunter, your next task is to attract more capital into the game."
"Just try to keep the company's stock price from hitting the daily limit down."
"And Yingdie, inform Zheng Muchen, Liu Dong, Wang Zheng, and President Ye. Take out another 30% from the original shares to issue new shares."
Meng Chuan's words made Ying Die frown slightly.
Currently, the circulating shares of the companies under Meng Chuan's name are generally between 20% and 30%.
If another 30% of the original shares are used to issue new shares.
That would mean the free float would exceed 50%.
This percentage is dangerous; if we are not careful, other capital could take control of more than 50% of the shares.
Therefore, the company is at risk of changing hands.
Of course, although Yingdie was worried, she did not question it, but nodded to indicate that she understood.
"Young Master, isn't this too dangerous?"
The whale hunter asked with some concern:
"This time, Robert and BlackRock are leading the charge, with more than ten capital firms targeting our stock. The amount involved is conservatively estimated to be over 8 trillion."
"What if...we can't hold out..."
The whale hunter hesitated, not uttering the rest of his words.
But the meaning is already quite clear.
If he can't hold on, then Meng Chuan will become a green leek (a metaphor for being harvested).
Meng Chuan currently only has over 2 trillion yuan in funds, which may not be enough to withstand an 8 trillion yuan market crash.
If bankruptcy occurs, all companies under Meng Chuan's name may be restructured and changed hands.
"Have you considered that although the risks this time are huge, the rewards are also proportional? If we can weather this storm, we can join the ranks of the world's top capital firms?"
Meng Chuan smiled and asked in return:
"As long as we absorb these foreign capital funds, the pressure on the entire stock market will drop significantly, and the damage caused by future stock market crashes will be relatively within a controllable range."
According to memory, this stock market crash caused direct economic losses of 50 trillion yuan.
This does not include foreign exchange reserves.
Perhaps this 8 trillion is less than one-seventh of the 50 trillion.
But this can still be considered a great victory.
It can give Chinese stock investors strong confidence and courage.
Its symbolic significance cannot be underestimated.
Seeing that the whale hunter was about to say something more, Meng Chuan raised his hand to stop him:
"Playing the stock market is a high-stakes gamble, and I've always been lucky. We have 2 trillion yuan in funds, so the advantage is in my hands."
Finally, Meng Chuan patted the whale hunter on the shoulder and left with Ying Die.
Compared to Meng Chuan's calm and collected demeanor, many people cannot achieve his composure.
For example, Liu Dong, Liu Fu, Liu Qian, and even Old Huang.
They all took turns calling Meng Chuan.
However, Meng Chuan insisted on going his own way, acting as if he had everything under control.
In fact, besides his confidence, Meng Chuan was mostly waiting for news from Fifth Master.
The originally planned two-day period has now become the third day, and Fifth Master's call has still not come.
Meng Chuan could only continue to wait.
It wasn't until evening that Prince Fu hurriedly came to find Meng Chuan:
"Young Master, Fifth Master has returned. He requests your presence."
Prince Fu looked somewhat anxious.
"Oh? You've finally decided to come back? Come on, Shadow Butterfly, to Black Comic Bar!"
Meng Chuan stood up.
When I saw Fifth Master again, his face was frighteningly pale.
"Fifth Master, what's wrong with you...?"
Meng Chuan originally wanted to tease Fifth Master a little.
But seeing Fifth Master's state, Meng Chuan couldn't help but frown.
"I'm not going to die, don't worry! I'm just a little jet-lagged!"
Fifth Master smiled, but his voice was noticeably weak.
"What's wrong with your health? If it's really bad, you can ask Elder Hua to treat you."
Meng Chuan was still not entirely at ease.
Meng Chuan still highly regarded Hua Lao's medical skills.
After all, he was able to become the head of the Green Gang's medical clinic.
This is the best proof of the ancient Chinese medical skills.
"I've already treated you. I heard you can control your inner demons now?"
Although Fifth Master was weak, he could not hide the excitement in his eyes.
After hearing the report from Prince Fu, Fifth Master was so excited that he couldn't sleep all night.
The reason Meng Chuan was chosen was simply because he had a clean background and was quite intelligent.
Later, Meng Chuan's patriotism convinced Fifth Master of Meng Chuan's character.
After that, Fifth Master became more and more satisfied with Meng Chuan.
Especially this time, by forcefully activating the inner demon, one can achieve complete control.
He now truly believes in Prince Fu's previous assessment of Meng Chuan—a martial arts prodigy.
"What's so difficult about this? It's a piece of cake for me!"
Speaking of this, Meng Chuan said it with a bit of smugness.
Although Meng Chuan didn't know how remarkable the control of inner demons was at first.
When he found out later, he felt somewhat proud.
"Open it up, let me see him!"
Fifth Master said excitedly.
There's a difference between hearing about it and seeing it with your own eyes.
Fifth Master needed to see it with his own eyes to be at ease.
"Then take a look!"
Meng Chuan did not refuse.
He stood up, his gaze sharpening.
A chilling aura emanated from Meng Chuan.
"it is good!"
Fifth Master suddenly roared, too excited to clap his hands.
But the next moment:
"Cough...cough..."
The violent coughing made Fifth Master sway, almost causing him to fall off his chair:
"Fifth Master!"
"Fifth Master!"
"Old Hua, come quick!"
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