Rebirth: The Era of Hong Kong Tycoon

Chapter 63 [Major]

At eight o'clock in the morning, Lin Rongheng was already sitting in the office of Evergrande Real Estate and began to read newspapers; Lin Rongheng used to read four newspapers in the morning, namely the English newspapers "South China Morning Post", "Sing Tao Daily", "Ming Pao", and his own newspaper. "Modern Daily".

While he was reading the newspaper, He Rui from the securities department came to Lin Rongheng's office with a panicked expression, holding the newspaper in his hand.

"Boss, several newspapers in the market seem to be targeting you and writing some false news!"

Lin Rongheng took the newspaper calmly, and said while reading, "I run the newspaper, so what are you afraid of!"

The sales volume of "Modern Daily" is increasing every month, and it is currently ranked No.5 in the sales volume of Xiangjiang newspapers. It has only been published for four months; It can be said that expatriate journalists are developing rapidly.

Therefore, Lin Rongheng naturally dares to be so confident!

He Rui heard the words, calmed down and said, "I'm worried that the rumors will affect the stock of Evergrande Real Estate!"

Lin Rongheng nodded, and didn't say much, but carefully read the several newspapers handed by He Rui; it could be seen that He Rui immediately bought a copy of similar newspapers on the market after discovering the problem.

After a long time, Lin Rongheng slowly put down the newspaper and said with a frown, "This "Oriental Daily" is really haunted, it seems that this time the Ma family is making up my rumors! You just said you were worried about the stock being affected, but there is this Maybe, you have to keep an eye on it and report to me at any time if there is any situation!"

He Rui said quickly: "Well, I will send someone to the exchange to watch, and I will always pay attention!"

After He Rui left, Lin Rongheng turned the pen in his hand and started thinking.

There is no wind and no waves. This incident is really just "Oriental Daily" teaming up with a few small newspapers to slander himself without any background, and slander Evergrande Real Estate without any achievements at all?

Lin Rongheng's first reaction was that the purpose of the Ma family was to crack down on Evergrande Real Estate and destroy the myth of Evergrande Real Estate, so Lin Rongheng would naturally be self-defeating!

Picking up the phone on the table, Lin Rongheng called Zhang Jianhua, manager of HSBC Securities.

"Zhang Sheng, help me pay attention to the stock of Evergrande Real Estate recently. If you find anything, please let me know as soon as possible. Well, let's have dinner together another day!"

Putting down the phone, a smile appeared on Lin Rongheng's mouth. The enemy was really stupid. He couldn't even grasp the timing well, so he just found this time to attack him.

At this time, the myth of Lin Rongheng has penetrated into the hearts of those investors, and the assets of Evergrande Real Estate are also very considerable, which can fully withstand some small waves.

What's more, at this time, Lin Rongheng already holds two trump cards and is already invincible!

In that case, let's see for yourself what the Ma family wants to do?
Far East Exchange.

The stock market has not yet opened, and the shareholder hall is already full of people, and there are probably hundreds of people;
Some shareholders even saw that the lobby was too crowded and chose to gather outside the building to discuss.

Investor Zhang Quan said: "Have you read the newspaper in the morning, there is a lot of bad news about Evergrande?"

Investor Li Si said with disdain, "Look, I feel like someone is spreading rumors. If Boss Lin has no background in an overseas consortium or government, how could he have taken out a $650 million dollar loan at one time? When the real estate contracted to purchase the Lijing Building and the Universal Building, there were reporters who witnessed the signing agreement, and the two parties stipulated that the US dollar should be used as the transaction."

Investor Wang Er also participated at this time. Because he did not buy the stock of Evergrande Real Estate, he naturally hoped that the stock of Evergrande Real Estate would fall severely, and then he could buy it at a low price.

Therefore, Wang Er said, fearing that the world would not be in chaos: "It was said in the newspaper today that the police confirmed that Boss Lin has only been in Hong Kong for a year, and he fled to Hong Kong from the mainland. Then I ask you, how could he have an overseas background? I guess that Evergrande Real Estate just borrowed a sum of money from foreign banks, and then those reporters acted wisely! In addition, Evergrande Real Estate currently has some sites, but they are all small ones, and they even pay for one of their properties. It has never been successfully developed, so the stock of Evergrande Real Estate is likely to plummet this time, if any of you have tickets in hand, you will quickly throw them away, and it will be too late!"

Zhang Quan suddenly panicked, and he was a little unsteady in his will. Now he heard Wang Er say this, and he quickly panicked.

Although Li Si was also a little panicked at this time, he did not want to act rashly. Evergrande Real Estate performed well in September, and other stocks performed poorly in August and September. After the share price rose to HK$6, it only fell by HK$0.3 and closed at HK$5.7 yesterday, which shows that this stock is very worth investing in.

In a VIP trading room, six or seven people were looking through the glass to the trading floor. It was the Ma brothers, the Peng family, and Shen Laixi, the boss of Reed Securities.

Shen Laixi first said: "Just now, the staff heard news from outside that many investors are discussing about Evergrande Real Estate, and panic is already spreading. I believe that as long as we sell hundreds of thousands of Evergrande Real Estate shares at the opening of the market, we will definitely There will be a greater effect!"

To be honest, Shen Laixi was not optimistic about this action at the beginning, after all, Evergrande Real Estate was in the limelight; however, the client was willing to do this. As the boss of a securities company, he had no reason not to do this business.

With great effort, I only borrowed 220 million shares of Evergrande Securities from various securities companies. As for HSBC Securities, I dare not talk about it at all. Everyone knows that Evergrande Real Estate is supported by HSBC Securities and HSBC-related financial companies. .

Fortunately, it may be that the "Oriental Daily" has a great influence, or that the "Modern Daily" has offended many of its peers. This time, everyone's campaign in the media was quite successful, and it was quite tenable.

The opening of the market is approaching, and everyone is somewhat nervous. After all, they have done so much homework. If the market does not buy it, it will be a waste of time.

"The market is open!"

"Hurry up and throw out 50 shares, and beat me down the Evergrande stock fiercely!"

Shen Laixi turned around with a smile and walked towards the phone. After turning her face away, she couldn't help showing a look of contempt on her face, and slandered in her heart: "These bastards, big dogs, don't understand stocks at all!"

After Shen Laixi called the broker of Reed Securities on the exchange, the broker walked onto the blackboard and wrote, "5.60, 2000" under the words of Evergrande Real Estate.

Suddenly, all the brokers exclaimed. Although they knew that Evergrande Real Estate was going to fall today, they did not expect that as soon as the market opened, some brokers sold 0.1 shares at a price of HKD 20 (one lot of 100 shares).

No one dared to take this price for a while, but each broker asked for the same stock with a certain time limit, so the broker of Reed Securities could not immediately bid again.

Next, some brokers also sold Evergrande Real Estate stocks at a lower price. For a while, Evergrande Real Estate stocks tended to plummet; until the price reached 5.35 Hong Kong dollars, it finally stabilized slightly.

Shen Lai was delighted to see this and instructed by phone again that Reed Securities sold another 5.25 lots at a price of HK$2000, which had dropped by HK$0.45 or 8% from the opening.

It has only been an hour and the drop has been so large, which is obviously beyond the expectations of many brokers. At this time, everyone also understands that this is someone who is deliberately suppressing Evergrande Real Estate, and some people are even short selling.

However, although Reed Securities is selling short, it does not mean that all brokers will do the same. Some brokers have already begun to take risks to buy, and for a while they are bidding back and forth above HK$5.2.

(End of this chapter)