Rising from the age of thirty

Chapter 397 Change of plan

He Mei looked at Lu Le with a frown on her face and said, "Brother Le, you should have told me yesterday. It made me so nervous. Now I can do it without any worries."

Lui Lok replied nonchalantly: "I don't think it's necessary. I'm too lazy to talk about it."

He Mei looked at him speechlessly, thinking that this was too unreliable!

However, time waits for no one, and soon it was time for the market to open the next day.

He Mei started selling 100 million worth of stocks, while Lui Lok bought them all without hesitation.

This move prevented the Zhong Group from reacting in time, and the stock price soared instantly.

At the same time, some retail investors realized that something was wrong and followed suit by selling their stocks, causing the stock price to rise further.

Lu Le turned to Zhang Lan and asked, "How do you think we can get them to stop buying back shares?"

Zhang Lan said: "This is actually not difficult to understand. They may not have enough funds, or they may have encountered some unexpected circumstances that led to budget overruns."

After hearing this, Lu Le suddenly had a bold idea in his mind. He then asked, "Then how many shares of Zhong Group do we hold now?"

Zhang Lan replied: "About 300 million shares."

Lu Le couldn't help but frown, thinking to himself: This number is really too small.

Adding the 4 million in He Mei’s hands, it’s only million!
With 4 million being dumped all at once, will the Zhong Group’s stock price collapse for a few days?

What if the Zhong Group tries its best and continues to repurchase shares, but the stock price still does not reach 38 yuan?

"What do you think will happen if we try our best to smash the market?"

Zhang Lan's eyes widened. "Boss, if we spend all four hundred million, the stock price will definitely hit the lower limit every day. Even if the Zhong Group reacts quickly and raises the stock price, it will still hit the lower limit every day."

"Besides, if you smash the market so aggressively and without regard for the consequences, you will suffer heavy losses."

Lu Le asked: "Calculate how much money is needed to drive the stock price down to 24 yuan."

Because, in his mind, Zhong Pingping's status was updated, which changed Lu Le's plan again. It was not a bad thing, but a good thing.

The information clearly states that if the stock price of Zhong Group falls to 30 yuan, it will trigger the forced liquidation line if it drops another 6 yuan.

This means that as long as Lui Lok continues to suppress the stock price, the Zhong Group will be forced to sell its shares to repay its debts.

Once the Zhong Group starts selling its shares, other investors in the market will follow suit, causing the stock price to fall further.

In the end, the Zhong Group may go bankrupt and liquidate, and he will also gain huge profits.

If you suppress the stock price too aggressively, it may attract the attention of regulators and even cause a stock market panic.

Therefore, he decided to wait for the right opportunity and slowly lower the stock price to avoid unnecessary trouble. Besides, he did not have as many as 600 or 700 million shares in his hands.

If he continues to suppress the stock price, the Zhong Group will face greater difficulties.

Will decide to take measures to stabilize the stock price.

Started to repurchase the company's shares and sent positive signals to the market in an attempt to boost investor confidence.

As long as the stock price fell below 24 yuan, the Zhong Group had to initiate the forced liquidation procedure and start selling a large number of its stocks.

As stock prices plummeted, the market fell into extreme panic, and many investors fled the stock market, causing trading volume to shrink significantly.

These are Zhong Pingping’s five states, which can be said to be very comprehensive.

Lu Le must grasp the important information.

To short sell, you must crash the market!

First, lower the price so that the Zhong Group is powerless, thereby attracting Marriott Capital behind it.

If Marriott Capital gave up, Lui Lok would immediately swallow up the Zhong Group's stocks, use the panic to cause retail investors or Zhong shareholders to sell their shares, and then swallow them all. Zhang Lan said in shock: "At least 600 to 700 million."

When I heard this number, I couldn’t help but exclaim: "Oh my God!" So much money!

Then, Zhang Lan continued, "Boss, I suggest you think twice before you act. Don't smash it unless you have no choice."

Lu Le asked in confusion: "Why?"

Zhang Lan explained: "Let's put it this way, you will lose at least half!"

Lui Lok thought for a moment and replied, "Not really. If I succeed in short selling, He Mei will make at least 100 million. Overall, if I lose 200 to 300 million, I can bring down the Zhong Group."

“That’s about right.”

Lu Le said: "Then let's short sell. Contact the brokerage firm. We want to borrow stocks."

"it is good."

the other side.

An emergency meeting was held within the Zhong Group, and the atmosphere was tense and serious.

The conference room was filled with senior managers and heads of relevant departments, who were looking at the data and charts on the big screen with serious expressions.

"The buyback plan has failed!"

An executive announced solemnly, and everyone's face changed and they all looked at him.

"Why is this happening?" someone couldn't help but ask.

"Because someone has been selling stocks, selling them at any price!" the executive explained.

"What? How is that possible? Where do they get so many stocks?" others asked in surprise.

"I don't know, but he certainly has enough money and resources to support his actions."

The executive shook his head helplessly.

"What should we do then?" someone asked anxiously.

"Let's first see how much available funds we have in our account," suggested another executive.

The CFO quickly checked the data and replied, "We originally planned to use 2 million to repurchase shares to stabilize the share price at around 38 yuan, but now we have repurchased 2.5 million, but the share price is still hovering around 3.2 yuan and is still falling."

There was silence in the conference room, and everyone felt very frustrated and helpless.

The failure of this repurchase plan not only caused huge economic losses to the company, but also seriously affected the company's reputation and image.

“Have the representatives from Marriott Capital arrived?”

Chairman Zhong Pingping asked anxiously.

"Not yet," the secretary replied.

"What? They haven't come yet? This is an emergency shareholders' meeting. Call them immediately and urge them to come. Tell them that we are in urgent need of funds and need to buy back stocks to stabilize the share price. In addition, we must also report the situation to the China Securities Regulatory Commission and tell them that our company has been maliciously shorted!" The chairman said angrily, slamming the table.

However, when the CSRC intervened in the investigation, it discovered a mysterious overseas account, but did not find any illegal operations and all transactions were completely legal.

This means that even the regulatory authorities are unable to take action because the people of Lu Le are stupid and have a lot of money, willing to buy high and sell low.

In just two days, Zhong’s stock price hit the limit down.

Even if they repurchased the shares and issued a statement, the company's operations were normal, but there was no way to stabilize it.

Retail investors followed Lui Lok and sold a large number of stocks, but Marriott Capital was only willing to pay 50 million to buy back the stocks, and the rest would depend on the Zhong Group. (End of this chapter)

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