Home Urban Novels The dragon enters the red dust KeyboardSwitching:(103/226)

Chapter 103: Take the lead

9days ago Urban Novels 7
In another room on the Hong Kong Stock Exchange, Wan Bingkun and his son Wan Shihao looked at the stock price of Wan Shi Group with a serious expression. Wan Shihao couldn't help but curse: Damn, I didn't expect that the news of the unfavorable weight loss tea spread so quickly...

Wan Bingkun was silent for a while and asked the stock trader next to him: How many were sold in total?

Trader said: A total of 43 million shares were sold, both yesterday and the day before yesterday, and there is no trading today

This is less than 10% of all the shares in the hands of the Wan family and his son. Originally, Wan Bingkun's plan was to sell more than 90% of the shares in his hands before the news of the shrinking sales of weight loss tea spread, and then announce the news that Wanshi Group sold Wanshi Pharmaceutical. At that time, when the stock price plummeted, it would buy it back.

In order to announce the sale of Wanshi Pharmaceutical, the stock price will not drop too quickly, Wan Bingkun just gradually released Wanshi Group's stock. Unexpectedly, the news of weight loss tea spread in Hong Kong yesterday, causing most shareholders and investment companies to join the ranks of selling Wanshi Group's stocks. Yesterday, it fell by more than 20% every day, and it fell to HK$75 as soon as the market opened today, and it seems that it will continue to fall.

Wan Shihao said: Dad, I don’t have to wait for the afternoon. Let’s ask someone to refute the rumors now.

Wan Bingkun said: Don’t worry, let it continue to fall. How much funds can it mobilize now?

Wan Shihao said: There are more than 5 billion working capital in the company's account, and the money from selling stocks is about 9 billion.

Wan Bingkun said: It's almost done, all of them are transferred. By the way, I'll transfer the 3 billion in my account.

Wan Shihao said in surprise: Dad, why do you want so much money?

Wan Bingkun smiled and said: Before the company comes forward to refute the rumors, let's get some first.

Wan Shihao is not a very stupid person either. He immediately understood what his father meant and said happily: To Ah, I'll do it right away

Wan Bingkun said: Ask Vice President Yang to arrange the press conference to be held at two o'clock, and the press conference must be held before the market closes.

Wan Shihao nodded and said: I understand

Walk out of the room with your assistant

Wan Bingkun told the trader: Keep the stock price low, the lower it can be

********************

Liu Xiaohai stood at the window, looking at the busy red vest below, and used his thoughts to patrol the spiritual changes of people in the entire Hong Kong Stock Exchange. Suddenly he sensed a familiar spiritual world and recalled that it was Wan Bingkun's spiritual world.

When Wan Bingkun came to Tianxiang Group to apologize, Liu Xiaohai used his thoughts to detect his intentions, so he knew the characteristics of his spiritual world. This was more accurate than using DNA to identify it. He would never recognize the wrong person. He was overjoyed. Now he was more confident in the acquisition war.

At this time, Luo Jiajie, who was staring at the computer and was surprised and said: Xiaohai... As you said, the price has fallen below HK$70, and it is less than half an hour Ah, you...you guessed it is really accurate. Are we buying it now?

Liu Xiaohai sat next to Luo Jiajie and said: Wait a little longer

After saying that, he closed his eyes and used his thoughts to sense Wan Bingkun

Luo Jiajie closed his eyes and thought he was thinking, so he stopped disturbing and continued to stare at the price on the computer.

After more than ten minutes, the stock price of Wanshi Group had fallen to HK$65, and orders were constantly sold at lower prices...

Liu Xiaohai opened his eyes and asked: What is the price now?

Luo Jiajie took a look at the price again and said: It's close to HK$64

Liu Xiaohai said: What do you think?

Luo Jiajie said: It's a bit abnormal. According to the principle, Wan Bingkun's stocks are only sold at most 10%. He can't see the stocks falling to such a low level, but he has no action. If the stock price of Wan Shi Group falls like this, it will be boring even if Wan Bingkun sells all the stocks and cannot recover much loss.

Liu Xiaohai: Maybe he has made some moves

Luo Jiajie was stunned, then patted his head and said: You mean... the price was deliberately suppressed by Wan Bingkun, and then he took advantage of the low price. Then, after they came out to refute the rumors, he sold it on the high price and made a profit...

Liu Xiaohai nodded and said: Yes, Wan Bingkun didn't really want to sell the stocks he had. He sold the stocks to reduce losses. How could he let go of such an opportunity?

Luo Jiajie asked: Then guess how much does he want to suppress the stock price?

He was already very impressed by Liu Xiaohai's guess

Liu Xiaohai said: I think he wants to press below HK$60, what price is now?

Luo Jiajie looked at the price and said: It's close to HK$63

Liu Xiaohaidao: Start buying, buy all those under HK$65

Luo Jiajie asked: Didn’t you say you would get below HK$60? Buy it now?

Liu Xiaohai smiled and said: What is our purpose?

Luo Jiajie said: Acquisition of Wanshi Group Ah...

Liu Xiaohai said: Then he must buy the stocks in Wan Bingkun. Now he wants to sell stocks to lower the stock price, so we will raise the stock price. If he wants to lower the price, he must continue to sell the stocks in his hands. Isn’t it just for us to buy at a low price?

Luo Jiajie laughed and said: I never thought you were so cunning!

********************

Wan Shihao had already transferred back the funds at this time. He was sitting on the sofa with Wan Bingkun and looked at the stock price that had been falling with satisfaction. In fact, they didn't sell much, and the price was suppressed because Wan Shi Group's stock is now sold more people and bought fewer people.

Wan Shihao said: Dad, you are already at 63, are you still waiting?

Wan Bingkun said: Don’t worry, there are not many people selling out now, and they are all waiting and watching. If we buy now, the stock price will rise again and we won’t be able to buy much.

The trader suddenly said: Chairman, now the trading volume has increased, and many people have begun to buy our stocks.

Wan Bingkun said: This is normal, continue to sell, and put the price below HK$60

After a while, the trader reported that the trading volume was even larger and the price had risen to HK$65. Wan Bingkun and Wan Shihao couldn't sit still and ran to the trader to look at the computer. As expected, the stocks of Wan Shi Group below HK$65 were swept away.

Wan Bingkun asked the trader to continue selling, and asked someone to check who was buying in large quantities. The situation was that there were more than 20 accounts that bought Wanshi Group's stocks in large quantities today. I thought maybe some investment companies saw the price and the price was low, and the trading volume was more than 20 million shares in the morning, of which 10 million shares were sold. It was not too much to calculate it separately in more than 20 accounts. I immediately ordered to sell another 20 million shares.

As Wan Bingkun expected, when everyone saw such a large order of 20 million shares, they felt that the stock of Wanshi Group was not in good condition. As the number of people selling Wanshi Group's shares began to increase. After a while, Wanshi Group's stock price fell below HK$63.

Wan Bingkun asked traders to sell a larger order of 30 million shares, which immediately caused market panic. Recalling the news that Wanshi Pharmaceutical had just heard yesterday, everyone no longer hesitated and joined the ranks of selling. For a time, it was all Wanshi Group's orders, and the price was close to the 60 Hong Kong dollar mark.

In the afternoon, the stock price of Wanshi Group had fallen below HK$60, and the orders were still increasing. Wan Bingkun felt it was time and was about to start buying. Suddenly the stock price began to rebound, and all orders were bought. In the blink of an eye, Wanshi Group's stock price rose to HK$67.

Wan Bingkun was shocked and felt that this was a planned buying. Retail investors could not act at the same time. Moreover, the trading volume of Wanshi Group's stock has exceeded 200 million shares today, accounting for more than 20% of all stocks. It is also 12 billion at 60 Hong Kong dollars. I couldn't help but wonder who was doing it. The more than 20 buying accounts that I just investigated may be from the same institution or the same alliance. Otherwise, how could the time be calculated so well?

There is another question, why do they buy large amounts of shares of Wanshi Group? Do they know that they will rise? Is it because the company leaked the news and knew that they would come out to refute the rumors in the afternoon?

It's too late to think about this. Seeing the time, Vice President Yang is about to hold a press conference. Ju estimated that the stock price will rebound to more than HK$80. Unexpectedly, he made a plan and the fruit was picked by someone else.

Wan Bingkun knew that the stock price could not be suppressed and there was no time left, so he immediately asked the traders to start buying, and how much could they buy, but there were not many orders. Everyone saw that Wanshi Group's stock rebounded rapidly and began to watch again.

Moreover, the other party is still acquiring Wanshi Group's shares. With the two companies fighting, the stock price has risen sharply, breaking through the 70 Hong Kong dollar mark.

Just now, Wan Bingkun sold 60 million shares of Wanshi Group at a price of nearly HK$60. Now he bought it at HK$70 but only bought more than 2 million shares. He was so angry that he almost vomited blood.

At this time, Vice President Yang of Wanshi Group had already clarified the news that Shimei's weight loss tea was unfavorable at the press conference, claiming that Shimei's weight loss tea is very popular in China. The company also added advertising investment in China, preparing to continue to expand its market share. In front of the reporter, it presented a 1.3 billion advertising contract signed with East China Media Group to let the reporters take photos.

As for the foreign market, since competitors have recently implemented a large number of promotions, it has indeed affected the sales of Shimei Weight Loss Tea, but this is a short-term impact. The other party cannot conduct long-term promotions. Wanshi Group is considering a solution to counterattacking its competitors in the market. I believe that the original sales will be restored soon.

The news at the press conference quickly reached the stock market, and the trading hall suddenly became lively, because everyone knows that no matter how credible the news is, the stock of Wanshi Group will definitely rise, because the stock price of HK$70 per share is indeed low now. Wanshi Group has always made good profits, so it will not plunge so much. They have started to buy, and the stock price has risen to HK$82 per share.

This is an opportunity for Wan Bingkun. In less than half a month, the news that Wanshi Pharmaceutical will be sold publicly. The stocks in their hands must be sold in these days to reduce losses. Among the total 9.7 billion shares of Wanshi Group, their father and son originally owned 60%. Excluding the more than 100 million shares sold in the past few days, there are nearly 500 million shares in their hands. They can only be sold in batches. If they are sold together, the stock price will plummet without waiting for the news of Wanshi Pharmaceutical's public sale.

But Wan Bingkun wanted to take the opportunity to sell the stocks, and Liu Xiaohai and Luo Jiajie were also selling more than 200 million shares they bought just now, and it was a little lower than Wan Bingkun's price. When Liu Xiaohai shorted more than 200 million shares in his hand, the stock price was suppressed by his 200 million shares, reaching about HK$75.

Because Wan Bingkun was reluctant to sell at a low price, the price he offered was always half a step slower than Liu Xiaohai. When the market closed, he only sold 17 million shares.

Of course, Wan Bingkun guessed that the one who was rushing to sell stocks with him must be the one who was rushing to buy just now. Although he was relieved that this group of people was not going to acquire his Wanshi Group, but took the opportunity to take away the money that he should have made, but he began to doubt his confidants around him, thinking that this group must have received internal news, otherwise how dare they spend tens of billions of Hong Kong dollars to take risks? If he didn't know that Wanshi Group would come out to refute the rumors in the afternoon, he would definitely not dare to buy in large quantities like this. Only a few confidants around him knew about this news.

Liu Xiaohai and Luo Jiajie were excited to count the money. Today, the 200 million shares of Wanshi Group stocks made an average of more than HK$15 per share, and they actually picked up more than HK$3 billion in one day. Liu Xiaohai felt a little embarrassed, feeling that he was robbing the money of shareholders, and he was very sorry.

Luo Jiajie advised: This cannot be considered as making money from investors. If we don’t buy in, the stock price will be lowered by Wan Bingkun in the morning, and then buy it. If we don’t sell these 200 million shares, Wan Bingkun will sell it, and the price will be higher, and the losses of investors will be greater.

Liu Xiaohai smiled bitterly and said: I can only think of this.

Luo Jiajie said: This is the stock market. Some people make money, some people will lose money. If you don’t make the 3 billion today, Wan Bingkun will make more money. So don’t think about it. Your sister-in-law has prepared a seafood meal for you. Let’s go back and celebrate.