Ex-wife becomes the world's number one hacker
Chapter 93 The White Knight
Then, [Shrimp Doesn't Blink] tagged [Tech Geek Busy Online] in the group: Come quick!
Jiang Yin jumped up, quickly dressed, and went out the door.
Tang Ning had already opened the door and was waiting at the entrance.
Jiang Yin strode into the living room and saw Li Tianmu sitting cross-legged on the sofa, staring intently at a point in the void, deep in thought, as if he were in a meditative state.
Jiang Yin sat down on the single sofa, frowning, and asked, "What's going on? Why did you suddenly come back?"
Li Tianmu turned his gaze back and clicked his tongue: "Lin Xiyue probably found some locals to find Old Qin. She's really going all out."
Jiang Yin pressed further, "What will he do when he gets back?"
Li Tianmu waved his phone: "There was a notification in the Qin Group shareholders' group just now that all shareholders need to go to the group headquarters for a meeting at 9:40 tomorrow. I guess it's to vote on this matter. Old Qin probably sent the meeting notification before boarding the plane."
Tang Ning asked, "Why doesn't he just inject money to bail out the market? Why hold a shareholders' meeting?"
"He can't possibly withdraw that much money from his own account in a short time. If we want to touch Qin's money, we have to hold a shareholders' meeting to vote on it." Li Tian tapped his leg repeatedly with his phone.
Tang Ning frowned: "What will the shareholders say?"
"It's hard to say. My family is also a shareholder. Because I'm friends with Lao Qin, I always attend Qin's shareholders' meetings." After a short pause, Li Tianmu added:
"Tomorrow we'll split into two groups. You guys keep an eye on the market, and I'll go to a meeting. If Lao Qin wants to use Qin's money to save Xingxin, I'll cause some trouble and buy some time. We'll act according to the situation. Even if we can't acquire it, we'll try to drive the stock price down as much as possible and make more money."
Tang Ning and Jiang Yin both agreed.
.......
Tianyu Technology, 7:00 AM
Tang Ning and Jiang Yin sat in front of the computer screen, exchanging silent glances. They had been worried that Qin Heming would return midway, and now their fears had come true.
A message popped up in the "Three Cobblers" group:
[A small act of impatience can lead to a big act of cuteness]: I heard from a friend at the bank that four banks withdrew their loans together last night, and Xingxin is completely finished.
8:00 AM
As planned, Tang Ning released the final piece of information:
[Exclusive: Significant Doubts May Exist Regarding Xingxin's Cash Balance]
An anonymous source claims that "the 25 billion in the account may have been depleted."
After Tang Ning finished sending the message, he sneered at Jiang Yin and said, "Who cares if he comes back or not? Let's spread this news and get the market out of control first."
9:30, market opens.
Xingxin shares hit the daily limit down again as soon as the market opened, marking four consecutive days of limit-down trading, with a cumulative drop of nearly 75%.
Sell orders piled up like mountains, while buy orders were as sparse as dust...
.......
9:30, Qin's Group conference room.
Qin Heming has not arrived yet.
Shareholders with voting rights gathered together, and an unspoken, somber atmosphere filled the meeting room.
The Xingxin incident has been making headlines these past few days, and everyone knows why Qin Heming convened a shareholders' meeting.
Several respected elders closed their eyes to rest, secretly thinking: We don't care how well you treat women. But exchanging company or shareholder interests for it is unacceptable.
Li Tianmu sat in his seat, his eyes darting around, looking here and there, biting his lower lip, waiting for the show to begin.
At 9:40, Qin Heming arrived at the conference room on time.
His still upright posture and sharp suit couldn't hide the fatigue on his face; he probably rushed over right after getting off the plane.
After Qin Heming sat down, without any opening remarks, he went straight to the point:
"The topic we have gathered here today is to vote on the Qin Group's full acquisition of Xingxin Technology."
He then waved his hand, signaling Huang Wei, who was standing behind him, to distribute the documents.
Acquisition?!
They opened their eyes, straightened up from their chairs, and looked at each other in bewilderment at the unexpected topic.
"To be a white knight?" one shareholder asked.
"Yes," Qin Heming replied briefly.
Li Tianmu received the document, quickly flipped through it, and found that the information on it was written very clearly.
He couldn't help but gasp: such a huge workload meant that Qin Heming hadn't rested for a moment on his way back.
Li Tianmu took out his phone, bent down and walked out.
"Tianmu, where are you going?" Qin Heming's calm voice came.
Startled, Li Tianmu's hand trembled, and he almost dropped his phone.
"Keep your crouched posture still," he replied.
"...I need to urinate."
Laughter erupted from the meeting room as several elders teased him:
"You little brat, can't hold your pee..."
"This kid..."
Qin Heming smiled, waved his hand outwards at Li Tianmu, and said, "Go quickly."
Li Tianmu strode out of the conference room, darted into the adjacent stairwell, and immediately dialed Tang Ning's number.
Tang Ning saw that it was Li Tianmu calling and turned on speakerphone.
Li Tianmu's low voice came through the microphone: "Old Qin wants to acquire Xingxin Technology in full under the Qin family's name. Xingxin is currently at rock-bottom price, and the shareholders' meeting will definitely approve it. Once the news is released, the stock market will definitely rise."
Even without Li Tianmu saying anything, Tang Ning and Jiang Yin already knew the consequences.
The two looked at the screen; it was currently at -85%. According to their original plan, it was time to have their agent contact Xingxin Technology to discuss the acquisition.
But now... if the Qin family wants to acquire it, then there's nothing left for them; they've been outmaneuvered.
Jiang Yin then realized that they had completely misjudged Qin Heming.
They thought he would spare no expense to protect Xingxin for Lin Xiyue, but they didn't expect him to choose the calmest and cruelest solution—to acquire it directly from the ruins.
No matter how you look at it, it has a hint of taking advantage of someone's misfortune.
It now appears that Tianyu's acquisition of Xingxin is impossible. Therefore, if the sole purpose is to profit from further price manipulation, more capital would be needed. Given Qin Heming's financial resources, he probably can't afford to manipulate the market too much; the cost-effectiveness wouldn't be high.
Furthermore, if we go any further, all the short sellers would be instantly wiped out with just one word from the Qin family confirming the acquisition. This isn't a matter of courage; it's a matter of risk-reward ratio.
After a moment of contemplation, Jiang Yin looked up and saw Tang Ning looking at her. Li Tianmu could only hear breathing and rustling footsteps through the microphone.
She knew they were all waiting for her decision: "Abandon the acquisition and execute Plan B: close out the position and go long."
Tang Ning understood, and her slender fingers flew across the keyboard, almost leaving afterimages.
At 9:48, Tianyu Technology closed all its positions at -88% and then used all available funds to establish long positions.
At the same time, a message popped up in the "Three Cobblers" group:
[A small act of forbearance can lead to great cuteness]: Insider information confirms it! Lao Qin's acquisition plan was approved at the shareholders' meeting in seconds! The announcement will be released soon!
At 10:00 AM, just as Xingxin's stock price plummeted to -90% with a long upper shadow, major financial media outlets and forum headlines simultaneously broke the astonishing news:
Qin's Group: Confirms Full Acquisition of Xingxin Technology Co., Ltd.
The news was like a signal flare igniting bloodlust, and panic selling froze on the spot.
The most astute quantitative analysis takes the lead in narrowing short exposure.
Then, shrewd speculative investors began to buy up shares.
After that, retail investors flocked in to follow the trend.
In just three minutes, the price was pulled down to the daily limit.
Five minutes later, the stock price rebounded from -90% to -85%, as if a beast that had been suppressed in the abyss had finally surfaced and was gasping for air.
Tang Ning looked at the screen, her heart settling back down, and uttered two words in a deep voice: "It's stopped falling."
Before they could even breathe a sigh of relief, the same announcement suddenly flooded the headlines of major financial media outlets:
Qin's Group: Confirms full acquisition of Xingxin Technology; company stock immediately suspended from trading.
On the screen, the wildly fluctuating candlestick chart was suddenly frozen.
Tang Ning breathed a sigh of relief: "It's over!"
Jiang Yin leaned back in her chair and let out a long breath:
"That was so exciting..."
The two remained silent for a moment, allowing their emotions to calm down.
Tang Ning turned to Jiang Yin: "Are you disappointed that the acquisition didn't go through?"
Jiang Yin pondered for a moment: "It's alright. From the perspective of preserving the flame, the Qin family is a patriotic enterprise, so it's acceptable for them to acquire it, and it's even better than us acquiring it."
She paused, then continued, "First of all, the previous technical team was found by Qin Heming. After the ban was issued, if the blueprints and equipment are not returned, we will face various international lawsuits. Qin's has a mature legal team, so he can fight the lawsuits and buy time while starting research and development, while we don't have the legal expertise."
"Yes, and we don't have the reputation or financial resources of the Qin family to drive up the stock price and help shareholders recover their losses," Tang Ning nodded and added.
Jiang Yin picked up her mug and took a sip of coffee: "Yes. Moreover, the chip company won't be of much use to us in the short term. It might work for Qin's, but we don't have the resources. In the current situation, the best outcome for us is actually to make money and acquire Bihai."
"agree."
The two silently drank their coffee while mentally reviewing the entire short-selling process.
Suddenly, Tang Ning clicked her tongue, frowned, and said to Jiang Yin, "Something feels off to me."
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