Rebirth: Starting from the Cafeteria

Chapter 507 Case investigation

It is a good thing that no one is making trouble. [Hongsheng Investment] decided to make another push and then take the initiative to clean up the market.

Coincidentally, [Northwest Noodle House] announced its annual report, with both revenue and profits exceeding expectations. After the market opened that day, the stock price opened sharply higher and funds from all sources poured in.

[Hongsheng Investment] At this moment, the market started to crash, and the stock price turned downward. Any resistance was crushed by the huge selling pressure.

One hour before closing, the share price of Northwest Noodle House was stuck at the lower limit.

The huge amount of sell orders weighed on the hearts of stockholders like a dark cloud. It didn't matter if they didn't have the stock, but for those who had the stock, who wouldn't curse?
This stock is too "weird", the market maker who is speculating on it is simply not a human being.

The stock price is being suppressed so recklessly even after the good news. If the bad news comes out, will the stock price rise to the sky? Everything is going against the grain. This banker might as well just eat his ass.

Qin Mingcheng had no intention of hitting the lower limit, and there was no point in him buying back at the current stock price.

Who knew that the stock would still hit the limit down at the opening of the next day? [Hongsheng Investment] started to withdraw orders little by little. If the trend continued, it was inevitable that the limit down would be hit that day.

However, the listed company did something weird again and actually applied for a temporary suspension of trading.

The next day, [Northwest Noodle House] issued an announcement stating that the company planned to expand its business scale and intended to issue 7500 million shares to all shareholders, with a planned issue price of 4.06 yuan per share.

To put it simply, the company is preparing to raise funds again and will adopt the method of non-directional share issuance.

The company's current share price is around 8 yuan, and the additional issue price is almost half of that, which has caused a lot of criticism in the market. However, many people are still eager to try it out. What's wrong with being cheap? Only cheap stocks can make money.

Qin Mingcheng’s previous covering action was not smooth, and now this additional issuance plan is very much to his liking, so he decided to wait.

[Hongsheng Investment] They are so angry, but what can they do? It’s because they have a bad relationship with the listed company. No matter what they plan to do, they will not take care of them as the “banker”.

The shares of [Northwest Noodle House] resumed trading. [Hongsheng Investment] did not dare to add fuel to the fire at this time and did not make any move today.

As a result, after the opening, the share price of [Northwest Noodle House] went down all the way, and in less than half an hour, it was lying on the limit down board. This shows that the market regarded this additional issuance as a real negative, and it would be strange if it didn't run away.

[Hongsheng Investment] is simply unable to prevent the stock price from falling. They bought too many stocks at high prices and now they are unable to sell them.

Isn't it said that the banker has to have a good relationship with the listed company? They can kill you with just a message.

I had no idea what Hongsheng Investment was thinking at the time. They actually dared to ignore the listed company. Now they are finally reaping the consequences.

This time the decline was large and it happened in the form of a crash.

The company's stock price stabilized at around 5 yuan, but Hongsheng Investment suffered heavy losses. They had to significantly reduce their holdings during the decline, freeing up funds to participate in this round of share issuance.

There is no way, the price of the additional issue is only 4 yuan, I hope it can dilute some of the costs.

"This dealer doesn't seem very smart. Yongli, have you found out who is the master behind them?"

"It's not completely certain yet, but there's a high possibility that it's related to Yin Qiang. Yin Qiang lost his fast food chain, and his buffet restaurant business also plummeted. It's said that he invested a huge amount of money in the stock market."

"The stock market? If the partners he finds are of the same level as Hongsheng Investment, I'm sure he will lose everything in the future."

It is not only individual investors who lose money in the stock market, but also many market makers and large institutions.

Du Shaojie just couldn't understand why the other party had to stir up trouble in the stock market when they had many ways to retaliate?
To be honest, if Hongsheng Investment hadn't spread rumors, they could have manipulated the stock price as they pleased. The stock price didn't have such a big impact on the company, so it could have been ignored.

The subsequent additional issuance was quickly approved by the regulatory authorities and the issuance went smoothly. 7500 million shares were oversubscribed, so there was no problem of not being able to sell them.

But then, Du Shaojie knew what Yin Qiang was planning.

this day.

Du Shaojie was still resting at home when someone called him and asked him to go to the relevant department for investigation.

The investigation was based on allegations of insider trading and improper enrichment.

"Okay, okay, so you were waiting for me here. Come to think of it, Yin Qiang went to great lengths to frame me! No, he originally hoped to make money and hurt me at the same time, which was a nice thought."

[Hongsheng Investment] Du Shaojie has no idea whether he will lose money in the end or how much he will lose.

He only knew that after the additional issuance, the other party no longer had the qualifications to be a strong market maker. After all, the number of stocks in [Northwest Noodle House] suddenly increased, and the market was larger. With the other party's strength, it would be difficult to manipulate the stock price as arbitrarily as before.

This means that Yin Qiang's plan to make money was greatly reduced, but the frame-up still came.

Du Shaojie went to the relevant department calmly, and they were indeed investigating whether there was any private transaction between him and Qin Mingcheng.

"No! This is a complete false accusation. I have never discussed the secrets of Northwest Noodle House with anyone, so there is no so-called transaction."

Du Shaojie made one statement in his defense and said no more.

No matter what the investigation team said, he was too lazy to pay attention. He just said, "You said I was suspected of insider trading, please show me the evidence. If you have evidence, I will admit it. If you don't have evidence, there is nothing to say."

He knew this matter well. He, Qin Lu, and Qin Mingcheng had never mentioned anything about Northwest Noodle House, so there was no so-called insider trading. As for Qin Mingcheng making money from the company's stocks, that was his ability and had nothing to do with him.

The investigators originally thought that they had caught a big fish this time. The incident was caused by someone's report, but they still wanted to make a contribution.

They didn't expect Du Shaojie to be such a difficult person, and they couldn't go too far, so they were defeated in the end.

"Boss Du, you can go back now. I hope you won't spread the content of today's conversation. Also, you can't leave the country during this period. We will look for you again."

"understood."

After all, Du Shaojie is a giant in the industry, and we cannot take him down based on hearsay alone.

He knew this himself, so he didn't look kindly at the people in the investigation team and just walked downstairs.

On the way home, he received a call from Lin Zhiyuan.

"Boss Du, I just found out about this as well. Did they make things difficult for you?"

"No, I'm just about to go home. It's nothing. Just don't worry."

"Then don't go home yet. We'll meet at the Fish Restaurant later."

"Ok."

Du Shaojie immediately asked Zou Xiaohe to change direction and go directly to the [Fish Restaurant].

"Boss Du, you've offended someone, haven't you? The investigation team is not under the jurisdiction of the province, so you should be careful. If you ask me, you'd better not get involved in the securities market. It's too complicated and deep."

The two met in a private room. Du Shaojie ordered a few dishes and chatted with the other party while eating.

In fact, Lin Zhiyuan knew more than him. Yin Qiang had become stronger recently because the person behind him had escaped danger, and he felt that he had a strong support again.

Yin Qiang's plan this time was very detailed. If Du Shaojie didn't keep his mouth shut and was caught with evidence, he would be in big trouble.

In the worst case, you may be banned from the market, and in the worst case, you may be jailed for several years.

Obviously, Du Shaojie had been prepared for this move. At first, he wanted to guard against Hongsheng Investment, so he didn't tell the Qin family father and daughter anything about the company.

Qin Mingcheng guessed part of the facts based on his rich experience, but it had nothing to do with him.

Therefore, it is not so easy for the investigation team to catch him. Given his status and connections, it is not easy to frame him so openly.

"I know, but sometimes people are forced to do things their own way. I am a major shareholder of several listed companies, so I can't get away with it."

Du Shaojie grabbed the wine glass and drank it all in one gulp.

Yin Qiang is a really difficult guy. After the fast food chain was defeated, he didn't hate Meng Gang, but kept staring at Du Shaojie, which made people feel helpless.

At this stage, he does not have the ability to bring Yin Qiang down, but it is not so easy for Yin Qiang to completely defeat Du Shaojie.

"You should be careful, but you don't have to be overly cautious. Just do what you need to do. As long as you don't break the law, I will definitely not agree if someone wants to frame you."

Lin Zhiyuan finally expressed his opinion and then said goodbye and left.

Du Shaojie found Yin Qiang annoying. Not only was he vindictive, but he also had no bottom line in the methods he used.

"At this stage, we will just fight with them. Hongsheng Investment is just a small company. They have invested so much money in the stock market this time. I'm sure Yin Qiang has also invested a lot."

After returning home, Du Shaojie thought about it for a long time and made up his mind.

Find a way to lock up the funds Yin Qiang invested in the stock market, or make the other party lose a lot of money. This is not only to vent anger, but also a way to weaken the opponent.

In the following period of time, [Hongsheng Investment] actively launched self-rescue.

The newly issued shares have a lock-up period and cannot be listed for trading for the time being. This is also the other party’s last chance to push up the stock price.

But in fact, this was a big pit. Pang Weidong, Xu Bo, Ye Weiming and others smelled a business opportunity and all planned to make money from the banker.

They each operate independently and do not need any sophisticated trading techniques.

Anyway, when the stock price drops to the psychological price, I start buying. [Hongsheng Investment] starts to push it up with great effort, and I sell it when there is a profit of 20% to 30%.

[Hongsheng Investment] felt that it was a sucker and became someone else's cash machine. If they continued to push up the price, [Northwest Noodle House] would issue a warning notice and coincidentally release some negative news.

This would have happened to everyone, but as a result, Hongsheng Investment’s self-rescue action not only failed to achieve any success, but instead increased its losses.

After repeated tugs and turns, the share price of [Northwest Noodle House] did rebound. However, part of the funds of [Hongsheng Investment] were loans, and they were about to expire, so they could only ask Yin Qiang for help. (End of this chapter)

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