There was suffocating silence for a few minutes. Even though these young people were well-informed, they rarely saw this kind of scene for the first time.
Billions and billions of short orders poured out, not only destroying the base camp of the bulls at 96 yuan, but also continuing to attack in depth. The resistance of the bulls was sporadic and disorganized. At first glance, there was no organization, and they were retreating steadily.
In the blink of an eye, the price approached the 90 mark and continues to drop. The bulls seemed to have reacted, and large orders began to appear. Finally, the bears were temporarily blocked at the 89 line, and then counterattacked slightly, regaining the position of 91 yuan.
The transaction volume during this period has reached close to 100 billion. Although there is no smoke in the war, the destructive power is more terrifying than a real war. A boy at the table breathed out and said, "It's really scary! Mr. Chu, how many debts did your Light Years have to pay? How could it be like this?"
There is nothing to hide. It can be found in public market information. Chu Jungui told the truth: "50 billion."
Many young people secretly gasped. While they were still working hard to make money worth one hundred million to one hundred million, Chu Jungui was already able to borrow tens of billions based on his strength.
Ten minutes passed, and announcements began to appear in the market. More than a dozen institutions, including Hengyuan, issued temporary announcements that there were no problems with Lightyear bonds, and there were no problems with hybrid bonds containing Lightyears. They are preparing in-depth reports. Before these reports come out, investors are not recommended to follow the trend of shorting Lightyear's bonds to avoid unnecessary losses.
The unanimous statements of many institutions have stabilized the market a lot, and the long and short sides have temporarily entered a stalemate. Everyone at the table breathed a sigh of relief and comforted Chu Jungui, saying that with so many big organizations endorsing him, everything would be fine.
While Chu Jungui politely accepted the kindness, he felt a little strange. He already had the money in his hands and spent most of it. What could he have to comfort himself? I feel like I have nothing to lose! As for the decline of bonds, that is a matter for the existing holders. What does it have to do with him as the issuing entity?
At this time, Henry appeared on the communication channel again. Chu Jungui connected it casually, and Henry's image was projected in front of him. Henry was surprised to see so many people in the banquet. Fortunately, he knew many of them, and more importantly, the little princess was also there. Henry first greeted Hathaway and everyone, and then said to Chu Jungui: "The current situation is very delicate. You must not let any media or strangers approach you... I am not talking about the people here, they are all very A talented and noble person. I will inform you of the follow-up plans. Okay, that’s all, I have another show, so I won’t talk about it for now.”
Chu Jungui nodded, and Henry hurriedly cut off the communication.
The older boy said: "Mr. Henry is a real big shot in the investment banking world. I didn't expect him to be so interested in you. It seems that Lightyear's prospects are very good! Should we also buy some?"
Although this was half-joking, he had been looking at Chu Jungui when he spoke, carefully observing the changes in Chu Jungui's expression. Unfortunately, he failed to see anything suggestive.
The older boy suggested, and everyone agreed. Even the little princess was looking at Chu Jungui. In such turbulent times, Chu Jungui is the first-hand source of information, and in many cases can directly determine the price direction.
Chu Jungui thought for a while and said, "Forget it if you have already bought it. There is great uncertainty at this time, so there is no need to take risks."
"How much uncertainty is there?" A young boy said seriously.
"If you buy at this time, the possibility of making money in the short term is no more than one-third. This is an optimistic estimate." Chu Jungui was also very serious. He said that an optimistic estimate is an optimistic estimate.
Now that Chu Jungui said so, everyone gave up the idea of buying, and Serena's face became a little ugly. After all, she spent tens of billions on this project. But she remained silent and said nothing.
The little princess noticed Serena's changes and asked directly: "Are you not confident in your own legion?"
"Legion?" Many people immediately captured the sensitive word.
"Of course." Chu Jun replied firmly.
"Isn't this right? Do you think it's not a good time to buy now?" the little princess continued to ask.
"Yes." Chu Jungui nodded.
"Very good, then we know what to do." Hathaway smiled slightly and glared at Chu Jungui secretly.
The dinner didn't last long and ended quickly. There was a cocktail reception afterwards, with some people from the dinner party and some newcomers. The long and short sides in the market are still in a stalemate, each with heavy troops, but no one has rashly launched an attack. Large institutions have held strategy meetings one after another to further promote the Lightyear project. The short side seems to have lost its momentum, but everyone knows that those who can sell tens of billions of orders in one go are definitely no worse than Hengyuan Bank.
Before the reception even started, there was a big news in the capital market. One of the most popular financial programs invited Jane and Henry to discuss the Lightyear project directly face to face. Until this time, people didn’t know who the real big short was behind the scenes.
Hathaway's friends didn't even want to attend the reception, they were all watching the show on their own. At this time, a fat boy said: "Hey, are you all watching this show? How about we project it and everyone can watch it together?"
No one responded to this suggestion, and many people looked at him as if he were an idiot. The fat boy didn't know why and stood awkwardly in the middle of the field.
Guangnian belongs to Chu Jungui, and Chu Jungui has a close relationship with the little princess at first glance. In fact, everyone knows very well that if they are not sure of victory, the short side will not make such a big move. There might be some scandalous material on this show. Wouldn't that be embarrassing? Let's just take a look for ourselves. By publicly humiliating Chu Jungui, doesn't it mean that the little princess will not be able to step down?
As a result, the opening of the reception was unusually quiet. Although most people were chatting, their attention was on the show. Of course they won't use personal terminals to watch it, but will directly project the picture onto the field of view, and nothing can be seen on the surface.
Chu Jungui did the same thing. He didn't even need to project it in his field of vision, he just presented it directly in his consciousness.
The show was full of gunpowder from the beginning, with Henry unceremoniously accusing Jane of misleading investors about something that had little to do with Light Years itself. Jane let Henry talk non-stop for ten minutes, then the alarm clock on her hand rang, and she interrupted Henry almost roughly: "You have been talking for ten full minutes, but I didn't hear anything meaningful. Maybe. I'm rude, but I think the arrogance and short-sightedness of big institutions like you is more harmful to investors. You've just been asking me to bring out the evidence, so I'll give it to you. Henry Sir, with your interstellar reputation and ability, can you tell me, what is the difference between these orders and these primary school student compositions? It just so happens that I have many similar primary school student compositions in my hand, all from the same school. Grade student work.”
In an instant, all eyes at the reception fell on Chu Jungui.
(End of chapter)
