After Xiang Nan ordered the sale of Meilidu's stocks, the broker immediately began to operate. After tens of millions of shares were put on the market, because the buyer had no time to take over, the stock price of Meilidu was immediately driven down.
Just now, the stock price was close to two yuan, but now it has quickly dropped to one yuan and ninety cents, one yuan and eighty-five cents, one yuan and eighty cents, one yuan and seventy-five cents...
This is just like watermelons. Watermelons in greenhouses in winter are rare and expensive, and can be sold for fifteen yuan per catty. In summer, watermelons are on the market on a large scale, and the price is as low as only one yuan per catty, or even a few cents.
Seeing the plummeting stock price, investors couldn't help but be shocked and stopped buying Meilito shares one after another. With no one taking over, Merito's stock price continued to plummet, and soon it fell to 1.5 yuan.
Seeing this, Chen Wanxian, who was so proud and confident an hour ago, now turned livid. He originally wanted to wait for the stock price to rise to two yuan before making large-scale shipments, but before the stock price rose to two yuan, someone was one step ahead of him to make large-scale shipments.
As a result, the stocks in his hands cannot be sold. Even if he reluctantly sells it, he won't make much money at such a low price.
"Mr. Chen, the stock price has dropped to 1.5 yuan, do we still want to ship?" the market representative called him.
"If you ship the goods now, you will have to pay me to death." Chen Wanxian said angrily, "Don't act for now, and then help me find out who is behind it."
He originally wanted to cut a bunch of leeks, but unexpectedly someone got there first and disrupted his overall plan. Damn it. He must find that person.
"Yes." The market representative nodded, and then began to investigate.
At this time, Xiang Nan had also sold out all the goods in his hands, and continued to increase his backhand short selling.
The average price of his stocks was one dollar and a half, and most of them were sold at one dollar nine, one dollar eight, and one dollar seven. He then used the money from the sale to go short. In this way, he also made money by selling the stock and making money by shorting the stock.
In the last morning, Xiang Nanjin made 7 million Hong Kong dollars, and the funds in his hands also increased by 40%.
…
At noon, Xiang Nan was eating at a nearby tea restaurant, and heard the diners around him complaining.
"Chen Wanxian simply treated us like fools. He released a wave of false news to trick us into taking over the business, while he shipped the goods at a high price. It was really a loss."
"This guy is a big liar. He knows how to trick us small shareholders. Mad, he has done me a lot of harm."
"Chen Wanxian deserves to be damned. He is a bastard and a bastard. He deliberately spread false news to deceive people and caused me to lose more than 2,000 yuan. What a bastard!"
Xiang Nan felt happy after hearing this.
He made the money, but Chen Wanxian got the reputation.
However, Chen Wanxian usually does many evil things and has long been angered by the public. Although it wasn't him this time, the yellow mud fell into his crotch, which was either feces or feces. Even if he denies it, it's useless. He can only suffer the consequences.
It’s so satisfying to think about it!
While Xiang Nan was feeling happy, Chen Wanxian was furious.
He originally wanted to earn tens of millions of Hong Kong dollars by cutting a crop of leeks, but he didn't expect that someone would take the first step. Not to mention not making a penny now, but also being scolded by so many small shareholders, the more I think about it, the more useless I am.
…
You know, he hasn't suffered such a big loss for a long time.
"Mr. Chen, we found out that the big purchaser and seller are Century Securities. We only know the customer's surname is Fang, but we don't have more detailed information." At this time, the market representative came to Qianhui to report.
"Fang?!" Chen Wanxian couldn't help but be stunned. He couldn't help but think of Fang Jinxin who almost forced him to death more than ten years ago, and he suddenly broke into a cold sweat.
"Check for me immediately. Where are Fang Jinxin's descendants now?" Chen Wanxian immediately ordered again.
…
In the afternoon, Xiang Nan stopped hyping Melito.
Because this stock has experienced a morning of ups and downs, and now its reputation has become notorious.
In the short term, investors will simply not touch this stock again.
Xiang Nan therefore changed his focus and prepared to speculate on Lianhe's stock.
Lianhe is a listed company owned by magician Zeng Chang.
The reason why Zeng Chang is called a magician is because he is good at using affiliated companies to buy and sell his own stocks. Even the top stock brokers can't figure out his trading methods, it's like seeing a magic trick.
What Xiang Nan wants to move now is Zeng Chang's stock.
The reason why Lianhe was moved was, firstly, because Lianhe was Zeng Chang's weakness. Not long after he bought the company, he had not yet achieved full control, which meant that the control was unstable.
The second reason is that Lianhe's current stock price is far lower than its actual value. Zeng Changgang spent a huge amount of money to buy Lianhe, but now he has no money to raise its stock price.
The holding is unstable and the market value is lower than the actual value, which gives Xiang Nan the opportunity to snipe for acquisitions.
Lianhe's total market value is about HK$300 million. Xiang Nan now has HK$25 million in his hands, which can leverage a huge sum of HK$250 million.
If he launches an acquisition of Lianhe, it will be a great threat to Zeng Chang.
In order to consolidate his controlling stake, Zeng Chang will definitely also absorb stocks. In this way, Lianhe's stock price will soar, and Xiang Nan will naturally make a fortune.
Just like a house, Zeng Chang's family lives in it, but he does not have complete property rights and is about to be auctioned.
The market value of the house was five million, but it is now selling for only three million. Xiang Nan can get half of the property rights of the house by paying 1.5 million, thus driving Zeng Chang out of the house.
Zeng Chang would definitely be unhappy and would definitely compete with Xiang Nan when the time comes. If two people grab it, the house price will definitely skyrocket, and it may also attract other bidders.
If Xiang Nan takes the opportunity to ship goods, he will make a lot of money.
…
As soon as the market opened in the afternoon, Xiang Nan ordered the stock broker to buy Lianhe's shares.
Lianhe has a market capitalization of HK$300 million and its share price is only 50 cents. Therefore, when Xiang Nan spent a huge amount of 250 million to acquire it, Lianhe's stock price immediately soared.
"Listen, all the stocks in Lianhe are as much as you want." Xiang Nan's stockbroker shouted loudly in the trading hall, shocking everyone present.
The news soon reached Zeng Chang's ears.
"Mr. Zeng, there is a mysterious customer who is buying up Lianhe's stocks. As soon as the market opened in the afternoon, he has already bought 10% of the shares." The market representative said to him.
"Do you know who it is? Is it He Yanxiong?" When Zeng Chang heard this, he was shocked and asked immediately.
What sniper He Yanxiong does most often is to snipe at listed companies whose holdings are unstable and whose market value is lower than their actual assets. The movements of this mysterious guest were exactly the same as those of He Yanxiong.
"It's not clear yet. But he looks very rich and is likely to succeed in the sniper attack. Mr. Zeng, why don't we also purchase the goods. Otherwise, I'm afraid that he will really succeed in acquiring it." reminded the market representative.
"This..." Zeng Chang hesitated for a moment.
He was worried that this was He Yanxiong's conspiracy.
If he fell into the trap and followed him to grab Lianhe's stocks, He Yanxiong would successfully snipe and bite off a large piece of meat from him.
But if he doesn't fight back, Lianhe is likely to be successfully acquired by He Yanxiong. By then, his losses will be even greater.
It was a matter of choosing the lesser of two evils. In the end, Zeng Chang nodded and made a decision, "Get the goods immediately, and I will definitely keep Lianhe."
