Rebirth of the Financial Crisis Sweeping the World

  Chapter 179 179 Loss of tens of billions, black shirt insurance wins!

  Then the Hong Kong stock market opened.

  China Construction Bank, Galaxy Entertainment Group, Penguin Group, China Resources Beer, and Sinopec have all been sold by UBS.

  The shares of China Construction Bank, Penguin Group, and Sinopec are good, with a higher market value, large trading volume, and more people buying.

  But China Resources Beer and Galaxy Entertainment Group are different. China Resources Beer’s share price has fallen very quickly, and it goes without saying that Galaxy Entertainment Group.

   opened from the 5.44 position and soon fell to the 5.00 position.

  Then it continued to fall, and there was no money to protect the market, or there were institutions to buy.

  UBS Group holds 100 million shares of Galaxy Entertainment Group and is constantly selling.

  The short-term traders of Goldman Sachs Bank also specially came to short Galaxy Entertainment Group!

  A small area in the trading room, where there are five people, mainly one of them is an older man.

He is the core trader of Goldman Sachs Bank Dikon Araus. He glanced at the Galaxy Entertainment Group’s stock price monkey, and said to several newcomer traders: "You guys are going to be short on Galaxy Entertainment Group today, even if you go down. !"

   "Yes, group leader!"

  Then four novice short-term traders started to work, and they looked fierce.

  1 million shares!

  1 million shares!

  1 million shares!

  ···

   keep shorting, like a hunting dog seeing its prey, rushing crazy.

  The stock price of Galaxy Group dropped from 5.00 to 4.50.

  Many retail investors came to buy the bottom, the stock price rose slightly, but soon turned around and fell, and then got trapped.

   "My mother, what's going on?"

  " Didn’t the Lu family say that they increased their holdings of Galaxy Entertainment Group yesterday?"

   "Damn it, smash me!"

  Many retail investors still think that the Lu family will continue to increase their holdings. After all, when the stock price fell to the 5.00 position yesterday, the Lu family has been increasing their holdings.

  Unexpectedly, I won’t increase my holdings today, it is simply a huge pit.

  They didn’t know that the Lu family had no funds to protect the market, so they could only watch the stock price fall all the way!

  Lu Yinhe sighed discouragedly: "Oh, the bad premonition still happened after all."

  Last night, he expected that there might be a big problem today and the stock price would be sold off.

  Unexpectedly, I was afraid of something, but I just happened to come. The stock price really suffered a large-scale sell-off.

   But now their Lu family has no funds to protect the plate.

  They have nothing to do except hope that the stock price will rise!

   Then Lu Yinhe asked, "Where is Lu Qihui?"

  He glanced around and found that his son was not there. It was so angry that Lv Qihui was not there when such a big thing happened.

  The special assistant to the chairman said: "Chairman, it is raining heavily now, the young master may still be in the hotel."

  Lv Yinhe was furious: "Sell him to come to the company right away"

  "Yes, the chairman", the special assistant to the chairman hurriedly called.

  But no one answered the call. How did he know that Lu Qihui got up early with the two female models this morning, after a few hours of refreshment, he is now resting.

  At this moment, the directors of the black shirt insurance company are all there, but Wang Guanxi is not.

  Because of the heavy rain, Wang Guanxi was asleep and did not come to the black shirt insurance company.

  At present, the black shirt insurance company has a floating profit of HK$400 million on its books.

  Zhang Dexi watched the Galaxy Entertainment Group’s stock price fall so fast, and smiled: "The Lu family seems to have no money to protect the market."

  Yesterday, the Black Shirt Insurance Company sold 400 million shares, all for the Lu family.

  But today, the stock price was sold off by other financial institutions. The Lu family no longer protects the market. Obviously, they are out of money, right?

  Huang Shaokai pondered for a moment: “It should be no money. The trading volume was so large yesterday. We sold stocks worth more than 2.2 billion yuan, which only caused the stock price to fall by 0.44 yuan!

  In addition to the sell-off of Columbia Trust Bank, the Nalu family spent at least HK$3 billion to protect the market! "

  Wang Juehao also said: "Yes, the Lu family must have no money, otherwise the stock price will not be allowed to fall."

  Now the Lu family holds so many shares, as high as 60%, and the stock price declines, and their assets will suffer serious losses. For every dollar drop in the stock price, they will lose 2.5 billion!

  Now that the market opens, the stock price has dropped from 5.40 to 4.50, and the Lu family has lost more than 2 billion Hong Kong dollars.

  Thinking of this, Wang Juehao couldn’t help but admire: “The BOSS is really amazing. Yesterday it consumed the Lu family’s cash”

  Bai Weiqiang also said: "Yes, the way of BOSS really makes me wait and look up"

   "Yes, the BOSS's judgment is extremely accurate"

   "Like a god!"

"Correct!"

  "I really convinced the boss"

  Mu Honglie, Chen Xuezhen, Wei Weicheng, Kawauchi Yuuji, Ogura Go, Huang Jiajiang, Zhen Dahua, Huang Xuehui, He Chunlong, Zhong Guowei and other directors echoed.

  At this time, Huang Shaokai asked: "Do you want to call the BOSS?"

  Wu Zhankun smiled and said: "I have called before, he is sleeping, and he will come over at noon."

   Then he continued: "Let’s also let out the negative news of Galaxy Entertainment Group."

  "Okay, do it now" CEO Huang Shaokai quickly arranged his assistant to do this.

   Soon, the negative news of Galaxy Entertainment Group was also released in advance by the media editors, and the various naval forces composed of the company's employees brought rhythm in the stock bar.

  With such a screen refresh, retail investors have all come to sell short.

  ··

  Galaxy Entertainment Group’s stock soon fell to the 4.00 position!

  The assets of the Lu family have shrunk significantly, and the market value of Galaxy Entertainment Group is still at HK$17.2 billion. 60% of their shares are only worth HK$10.3 billion.

  The members of the Lu family are bleeding in their hearts.

  They can only watch the stock price plummet, and there is nothing to do about it.

  Ly Yinhe is in a cold sweat behind him. I don’t know where the stock price will fall. Too many people are selling today!

  The assistant to the chairman said: "Chairman, the people from the black shirt insurance company are releasing our negative news."

   "Sue them" Lu Yinhe's face was gloomy.

  This black shirt insurance company is really insidious. It didn't release negative news yesterday, but it started to release today, and it was still a headline page.

   Said that their property was fraudulent, and the Lu family was insolvent and owed 5 billion Hong Kong dollars, which was no longer repayable.

  They clearly owe 500 million Hong Kong dollars, but they say that their family owes 5 billion Hong Kong dollars!

  The stock price is still falling!

  And Goldman Sachs is still shorting the stocks of Galaxy Entertainment Group, they can ignore it.

  There were also retail investors entering the market soon, but they were quickly trapped, and the stock price continued to fall to the 3.50 position.

  Finally fell to 3.00 when the market closed in the morning!

  The market value of Galaxy Entertainment Group shrank to HK$12.9 billion. 60% of the shares of the Lu family were worth HK$7.74 billion. In one morning, the family’s assets lost HK$8.26 billion.

  For lunch at noon today, no one has any interest in eating.

   "Father, what's going on, why is the stock price plummeting so much? Who is going to be short?" Lu Qihui had just finished sleeping with his sister and came to the company, seeing the stock price plummeting so much, he was puzzled.

  Lu Yinhe’s forehead was sweating, and his face was gloomy and said: "UBS Group has cleared the stock, and other financial institutions are also selling."

  He never expected that what he was afraid of last night happened today.

  And this time, the black shirt insurance company made a big deal!

  He was unwilling, very angry and regretful!

  Why so unlucky!

  The UBS Group did not liquidate its positions sooner or later. But the Lu family ran out of money, so it liquidated its positions and brought a group of short sellers.

   is simply **** at him!

"Son of a bitch!"

  The public shareholder list of Galaxy Entertainment Group has shown that there is no UBS Group.

  The Hong Kong branch of UBS also cashed out and emptied the 100 million shares of Galaxy Entertainment Group.

  But I did not expect the stock price to fall so much, from 5.44 to 3.00.

   is simply incredible.

  Obviously there is a financial institution that specifically shorted Galaxy Entertainment Group today!

  It's only 100 million shares, and they don't have much money. They don't care at all. Anyway, if they sell, they are still profitable.

  Because the 100 million shares of Galaxy Entertainment Group were bought a long time ago.

  At that time, it was 2004. UBS bought it at 0.6 yuan per share, but it only spent 60 million Hong Kong dollars.

  Four years later, the closing price was at 4.2, earning 3.6 Hong Kong dollars per share.

  100 million shares earned 360 million Hong Kong dollars, for a total of 420 million Hong Kong dollars.

  The 420 million Hong Kong dollars is nothing, but they have to mobilize a small part of the 20 billion Hong Kong dollars.

  Caroline Frank said one after another: "In the afternoon, we will empty out CCB, Penguin Group, China Resources Beer, and Sinopec."

  CCB, Penguin Group is the big head here.

  Fortunately, there are many institutions that are buying. They are selling but many institutions are taking over, especially the stocks of Penguin Group and China Construction Bank. Many institutions are taking over.

  Of course this is the best, they will be emptied after the afternoon.

  "Yes, President" everyone is a little sleepy, because they didn't sleep much last night.

  At this moment, everyone cheered in the headquarters of the black shirt insurance company and the president's office.

   "BOSS, the stock price of this Galaxy Entertainment Group has plummeted. The Lu family has no money, haha!" Huang Shao laughed very happily.

   "This time, Galaxy Entertainment Group's share price collapsed under the sell-off of UBS Group," Bai Weiqiang said gleefully.

   "Yesterday, the stock price of Galaxy Entertainment Group was strong, haha, is it a dog today?" Wang Juehao looked at the stock price chart of Galaxy Entertainment Group with a smile on his face.

  Zhang Youde smiled: "The value of the Lu family has shrunk drastically, it is a huge loss."

   Wu Zhankun also followed: "Yes, it's so miserable, today their share price loss is as high as 7 billion Hong Kong dollars."

  Wang Guanxi also smiled and said: "The Lu family was so cruel yesterday, and I must be crying like a dog today."

  Then everyone laughed and laughed very proudly.

  The black shirt insurance company now holds 400 million short positions, and the position is at 5.50.

  The stock price has fallen to 3.00, with a floating profit of 2.5 yuan per share, and 400 million shares is a floating profit of 1 billion Hong Kong dollars.

  Of course, this is just a floating profit in the account. If the position is closed, the stock price will rise sharply.

  At this moment, the financial group is formed. Hong Tianwen watched that the stock price of Galaxy Entertainment Group plummeted 44.8% this morning, which is incredible.

  This Lu family has suffered heavy losses!

  Fuck me!

  Can't imagine.

  Yesterday, the Lu family fought against the black shirt insurance company. As a result, it consumed 3.2 billion Hong Kong dollars in funds. It’s all right now.

Ruined!

  I don’t know how much money was lost this morning.

  Hong Tianwen helped Lu Yinhe calculate, and it is estimated that it will exceed 7.5 billion Hong Kong dollars.

  “Fortunately, I didn’t lend 1 billion Hong Kong dollars to Lu Yinhe yesterday.”

  Thinking of this place, Hong Tianwen suddenly felt very lucky, and this time he borrowed 500 million Hong Kong dollars to the Lu family, who also mortgaged the villa.

  At this moment, Lehman Brothers Bank, the company’s president Fuld slept all night, before selling US stocks, and then starting to sell Japanese Benzene stocks and Singapore stocks in Asian time.

  In the afternoon trading during Asian time, it is time to sell the Hong Kong stock market.

  Fuld began to say: "All the shares of HSBC, Standard Chartered Bank, ICBC, and Galaxy Entertainment Group have been emptied."

  At this time, the assistant said: "President, UBS previously liquidated the Galaxy Entertainment Group's stock, which caused the stock price to plummet by 44.8%. Do we still have to empty out 400 million Galaxy Entertainment's stocks?"

  Fuld took a look at the Galaxy Entertainment Group’s stock price, and said: “It’s emptied, now cash is the most important thing”

  They also bought 400 million shares at the position of 0.6 yuan per share in 2004, and they are still making money. They have cleared their positions, and it’s okay.

   is not much money.

  For Lehman Brothers, who needs $40 billion, that is trivial.

  Moreover, the news also reported that the Lu family had a debt of HK$5 billion and was insolvent.

  Whether this TM is true or not, Lehman Brothers is already insolvent.

  He is afraid that the Lu family will sell the Galaxy Entertainment Group’s stock, so that Lehman Brothers will not have to sell. Now Lehman Brothers is selling assets to pay off debts.

   "Yes, President"

  The market will open soon in the afternoon.

  Lehman Brothers began to sell shares in the Hong Kong stock market.

  HSBC, Standard Chartered Bank, ICBC, and Galaxy Entertainment Group are all falling.

  HSBC, Standard Chartered Bank, and ICBC are all okay. They have a large market capitalization, a large share capital, and a large trading volume. The stock price will not fall so badly.

  But Galaxy Entertainment Group is different.

  Under the sell-off of Lehman Brothers, the stock price dropped sharply. In the 1-minute chart, it was like a waterfall, which was like a waterfall!

   soon fell to the 2.00 position!

The market value of the Bank Entertainment Group is still 8.6 billion Hong Kong dollars. The Lu family’s losses continue to increase. 60% of the shares are left with 5.16 billion Hong Kong dollars. Today, their 16 billion Hong Kong dollars worth of stocks still have 5.16 billion Hong Kong dollars. The loss exceeded 10.8 billion Hong Kong dollars!

  Lu Yinhe almost fainted!

  I can do nothing!

  Like a rope tied around his neck, he can hardly breathe.

  The body can't stop leaning back!

   "Dad!" Lv Qihui quickly helped him to the sofa chair.

   "I'm okay" Lu Bank panted, sweating all over his forehead.

  And in the meeting room of the black shirt insurance company, everyone is caring!

   "BOSS, the stock price has plummeted!"

   "Haha, the stock price is still plummeting!"

  "Galaxy Entertainment Group is over"

   "This Lu family suffered a terrible loss"

  ··

  Now that the black shirt insurance company has a surplus of 1.4 billion Hong Kong dollars on its books, Wang Guanxi said: "Ready to close the position!"

   "Yes, BOSS"

  Lehman Brothers is still selling the shares of Galaxy Entertainment Group!

   quickly fell to the 1.50 position, Wang Guanxi shouted: "Start to close the position, close the position, don't hesitate, don't let anyone have a chance to buy the bottom, close it!"

  Now the stock price is very low. It is not time for the financial tsunami to come. Galaxy Entertainment Group’s stock must be under-scored by institutions, so the Black Shirt Insurance Company cannot hesitate and liquidate its position immediately!

  Now there are many selling orders in the market, and many retail investors are kneeling, liquidating their positions and selling stocks one after another.

  "Yes, BOSS" and the traders started to close their positions frantically.

  5 million shares!

  5 million shares!

  5 million shares!

  ··

  The black shirt insurance company is short, and closing a short position is equal to buying!

  This allowed Galaxy Entertainment Group’s share price to start a U-turn and rise from the 1.50 position to 3.10, and then stop liquidation.

   Soon Lehman Brothers continued to increase its liquidation.

  The stock price plummeted again from the 3.10 position.

  Retail investors are like riding a roller coaster. They bought them before, all of them lost money, and they scolded their mothers crazy.

  When the stock price fell to 1.50, the black shirt insurance company continued to liquidate its position.

   once again pulled the stock price to 3.10.

   Then Lehman Brothers sold again, causing the stock price to drop to 2.20, and the 400 million shares of Lehman Brothers were cleared.

  But the stock price continued to fall, and soon fell to the 2.00 position, the black shirt insurance company continued to close its position, and then the stock price rose all the way!

During the    period, Goldman Sachs continued to sell short, but their selling was all eaten by the Black Shirt Insurance Company.

  The liquidation of the black shirt insurance company is equal to the purchase, and they have bought 400 million shares in the market.

  The stock price eventually rose to 2.60, and then the afternoon session ended.

  The average liquidation position of the black shirt insurance company this time is 2.30, earning 3.2 Hong Kong dollars per share, making a total of 1.28 billion Hong Kong dollars.

  This time short-selling Galaxy Entertainment Group is a big win!

  Now the black shirt insurance company has a cash flow of 3.28 billion Hong Kong dollars.

  At this time, the telephones of Huang Shaokai and Wang Juehao rang. The telephones of Kie Hao Credit Co., Ltd. and China Merchants Bank respectively came to collect debts.

   So Wang Guanxi said: "Repay the loan, and the principal and interest will be together."

   "By the way, there is also the lawsuit of the Black Shirt Insurance Company. Regarding the class action lawsuit of stockholders, please settle it. The lawsuit does not need to continue, but the lawsuit against Galaxy Entertainment Group, and the lawsuit of the financial group should not stop."

   "Yes, BOSS"

   Then it will put out 80 million funds to deal with the company, as well as company operations, bonuses, and settlement interest, including interest to Standard Chartered Bank, HSBC International Trust Company, Get Good Credit, and China Merchants Bank.

  I asked Standard Chartered Bank before that HSBC International Trust borrowed 400 million shares to become a bank entertainment group, which requires interest. Fortunately, it only took two days.

  And Standard Chartered Bank, HSBC International Trust Company lost a lot of money on the books, of course, they don’t care, because they have been held for many years.

  HK$1 billion was returned to Get Good Credit Co., Ltd. and China Merchants Bank's loan.

  Currently, the Black Shirt Insurance Company still owes Wing Hang Bank 500 million Hong Kong dollars, but don’t worry about this 500 million Hong Kong dollars.

  Then added 200 million responsible reserves and 2 billion available funds.

  Total assets 15.2 billion, liability reserves 7.2 billion, financial assets 5 billion, real estate 1 billion, cash flow 2 billion

  Total liabilities are as high as 14.2 billion, of which Wing Hang Bank has 500 million Hong Kong dollars in loans.

  Net assets are HK$1 billion.

  The net asset of the black shirt insurance company is 1 billion Hong Kong dollars, which is very safe, and it also has 2 billion cash flow, so it can continue to work hard.

  Wang Guanxi immediately opened the stock price chart of Get Good Financial Group and found that it was not a short time, so he let it go.

  "The share price of this Get Hao Financial Group is still rising. Hong Tianwen is a financial tycoon, but also has many industries.

  Personal connections, strength should not be underestimated.

  If you short it, it needs to be before the financial tsunami, and it is not in a hurry now! "

  At the headquarters of Galaxy Entertainment Group, the Lu family also knew clearly that the Black Shirt Insurance Company had liquidated its position and Lehman Brothers had also liquidated it during the afternoon trading.

  The two crazy hedges caused the stock price to plummet and soar, and the Lu family was like a roller coaster.

  The loss of the Lu family is very miserable. The current market value of Galaxy Entertainment Group is 11.18 billion Hong Kong dollars, 60% of the shares are 6.708 billion Hong Kong dollars, and today’s loss is 9.292 billion Hong Kong dollars.

  The whole Lu family is in a bad mood.

  I hate the Black Shirt Insurance Company, UBS Group, and Lehman Brothers.

  This grudge is written down. In the future in the market, everyone will calculate it slowly.

  Having a good financial conglomerate, Hong Tianwen sighed: "This time, the black shirt insurance company made a big deal."

   "Grass!"

  "UBS Group and Lehman Brothers have all liquidated their positions, causing the stock price to fall so much. In the future, the stock price of Galaxy Entertainment Group will not be good for a long, long time!"

  And the black shirt insurance company repaid the 500 million loan and the interest.

  However, the black shirt insurance company is completely up. This time the black shirt insurance company shorted Galaxy Entertainment Group, he estimated that he made at least 1 billion Hong Kong dollars!

  Although it is not a lot, 1 billion Hong Kong dollars can completely get the black shirt insurance company out of the predicament, and then begin to expand further. It is really annoying to him.

  It turned out that he thought that the black shirt insurance company was dead and would surely be blown up, but he never expected that the occurrence of this stall would make your Lu family unlucky.

  Fortunately, he was witty. He did not lend the Lu family HK$1 billion, but only loaned HK$500 million. He also asked the Lu family to mortgage the villa to the Get Hao Credit Company!

  At six o'clock in the evening, Wang Guanxi and the executive directors of the black shirt insurance company had a meal in the private box of the Chinese restaurant.

  Wang Guanxi opened the mouth and said: “In the following time, you will keep an eye on the Galaxy Entertainment Group, the Lu family, if there is any change, please report to me at any time.”

  Today, the Black Shirt Insurance Company won a big victory, and the Lu family's assets have shrunk by 10 billion.

  Once the financial tsunami broke out, the Lu family had no ability to save the Galaxy Entertainment Group.

  The huge piece of fat in the future Galaxy Entertainment Group is also owned by the Black Shirt Group.

  Thinking of this, Wang Guanxi spoke to everyone again: “The capital chain of Galaxy Entertainment Group will inevitably break in the future, you are ready!”

  "Yes, BOSS" everyone is very excited.

  Huang Shaokai suddenly asked: “BOSS, if the Galaxy Entertainment Group’s capital chain breaks in the future and the Lu family’s assets are scarce, are we going to acquire it?”

  Galaxy Entertainment Group is a big old company. It is a well-known listed company in Hong Kong, and it is also famous in the gaming industry.

  If the funds are broken, then they must have the opportunity to acquire Galaxy Entertainment Group.

  BOSS's judgment is extremely accurate, saying that its capital chain will break in the future, and it may really break.

  The Lu family has no funds anymore. I heard the spies in the Get Hao Financial Group say that the Lu family also mortgaged the villa and borrowed 500 million Hong Kong dollars from the Get Credit Company. I don’t know if it is true.

  The Lu family is also a wealthy family in Hong Kong. It not only owns the Galaxy Entertainment Group, but also other companies. There are also large hotel groups in the United States, the Stanford Hotel Group, with family assets of nearly 20 billion Hong Kong dollars.

  The shares of Galaxy Entertainment Group accounted for the majority. If the Lu family can't even keep the Galaxy Entertainment Group, it would be really miserable.

  Wang Guanxi nodded: "The capital chain will definitely break, but the Lu family holds 60% of the shares. It is difficult for us to acquire, but it is possible to raise funds to become a major shareholder."

  But you can’t let Lu Yinhe know that the Black Shirt Insurance Company is financing them, so Wang Guanxi continued: “At that time, you can secretly set up multiple funds and find managers from different countries to manage them!

  Let these managers use the money we provide to finance Galaxy Entertainment Group, and use them to control most of the equity of Galaxy Entertainment Group"

  Wang Guanxi’s idea is like this. When the time comes, Galaxy Entertainment Group will break the capital chain after the financial tsunami, and the stock price will fall into shit.

  The Lu family has no money to save the Galaxy Entertainment Group and needs financing.

  Financing needs to dilute the shares, and then the secret agents of the Heishan Group will take the funds to raise funds for the Galaxy Entertainment Group.

  For example, more than a dozen funds jointly approached the door to finance the Galaxy Entertainment Group of the Lu family, and the equity obtained from the financing was also dispersed!

  Each fund holds a small number of shares, and the Lu family is also the largest shareholder of Galaxy Entertainment Group.

  Then the Lu family is relieved that they will not lose control of the company.

  As soon as everyone heard it, they immediately understood.

  "BOSS rest assured, at that time we will find an employee from many countries and let them be the manager of offshore funds. In the future, let them go to the Lu family to finance the Galaxy Entertainment Group, which has broken the capital chain."

  "We are sure, the Lu family doesn’t know that we are in charge behind the scenes"

  Because the black shirt insurance company has a bad relationship with the Lu family, if the Lu family knows that the black shirt insurance company is behind the scenes, the Lu family will immediately notice that the black shirt insurance company is slowly swallowing the Galaxy Entertainment Group.

  Lu Yinhe will definitely be on guard, even if he agrees to raise funds, he will not raise a percentage of the financing for the black shirt insurance company.

  So I came to the dark, looking for the secret agent of the Black Shirt Insurance Company to raise the Galaxy Entertainment Group.

   "BOSS, if we succeed in financing, will we secretly acquire it in the future?" Huang Shaokai asked again.

  Wang Guanxi thought for a while and said: “Not for the time being, the Lu family is a business expert, let them run the Galaxy Entertainment Group first, and let them make money for the black shirt insurance company.”

  In the future, the market value of Galaxy Entertainment Group will exceed 300 billion Hong Kong dollars.

  If you change to Wang Guanxi’s Ma Tsai to operate, maybe Galaxy Entertainment Group will not reach the market value of 300 billion Hong Kong dollars!

  Because the Lu family managed the Galaxy Entertainment Group as a family business on the spot, they naturally managed it carefully.

  So Wang Guanxi intends to enjoy the bonus.

  Of course, you must secretly control more than the Lu family’s equity.

  Although the Lu family currently holds 60% of the shares, after the financial tsunami, the market value of Galaxy Entertainment Group will be very low.

  A huge round of financing is enough to dilute the Lu family’s shares to below 40%.

  (End of this chapter)