Hong Kong General: The Departed? No, I am the Hong Kong Island Tyrant

Chapter 144 It's not up to you to decide whether to do it or not! [Subscribe]

"You want to short Dongyuan Group's stock?"

While Luo Minsheng was on the phone, Li Xin'er looked at Di Qing and whispered, "Dongyuan Group's stock is 20 yuan a share. If you really invest 40 million to short 20 million shares, you will lose a lot if the stock price does not fall."

Di Qing smiled faintly: "If I say that the share price of Dongyuan Group will fall, then it will definitely fall."

As he said this, he looked at Li Xin'er and said, "I never fight a battle that I am not sure of winning."

Looking at Di Qing's confident expression, Li Xin'er couldn't help feeling a little dazed.

"Mr. Di!"

At this time, Luo Minsheng came over after finishing his phone call: "I have asked other stock exchanges. Dongyuan Group is a real industry. Their core business is not the financial industry. Therefore, most of the stocks are controlled by shareholders. There are only about 15 million shares circulating in the market."

"The share price of Dongyuan Group has not increased much in the past few years, so not many people have bought it. There are only about 3 million shares in the hands of retail investors, and I can mobilize about 12 million shares."

"Only twelve million shares?"

Di Qing frowned, somewhat dissatisfied: "Mr. Luo, I brought 40 million in cash. As far as I know, the current stock market mortgage only requires a margin of about 10%. In other words, my 40 million margin can be used to mortgage at least 400 million stocks, or 20 million shares."

Luo Minsheng was somewhat speechless: "Mr. Di, but there are less than 20 million shares circulating in the market at present. Unless those shareholders are willing to mortgage their shares, where can I get 20 million shares for you?"

Hearing this, Di Qing fell silent.

Then, his eyes flashed, and he asked, "How many shares do the shareholders of Dongyuan Group have that can be circulated and sold?"

Luo Minsheng thought for a moment and said, "Dongyuan Group has not issued a large amount of shares in recent years. The total number of shares is only 50 million. Now each shareholder should still have about 35 million shares. Among them, Wang Dongyuan, the president of Dongyuan Group, holds the most shares, more than 10 million shares."

Shareholders still have more than 30 million shares?

Di Qing's eyes lit up and he asked, "Mr. Luo, do you have any idea to help me sell 40 million shares directly on the market? I will find a way to make up for the missing 30 million shares later!"

"Directly sell 40 million shares..."

Luo Minsheng was stunned for a moment, then his face changed: "You want to make a fake transaction and sell naked?!"

"Yes, that's what I mean." Di Qing nodded.

"This is impossible!"

Luo Minsheng decisively refused: "Mr. Di, you are shorting maliciously, and the China Securities Regulatory Commission will be on your radar. If the stock price rises by then, you will not be able to pay back the 28 million fake stocks, and both you and I will go to jail. I will not take such a big risk for you!"

Li Xin'er was also a little shocked after hearing this.

Although she didn't know much about stocks, she still understood what Di Qing meant.

Short selling means pledging stocks from securities firms and selling them at a high price, then buying them back at a low price when the stock price drops, making a profit from the difference.

However, the stocks borrowed from the brokerage firm must be returned. If you lose the bet and the stock price does not fall but rises instead, and you cannot pay back the borrowed stocks, you will face jail time.

What’s more, Di Qing also wanted to do naked short selling, which is to sell fake stocks.

Now Luo Minsheng can only borrow 12 million shares, but Di Qing wants to sell 40 million shares.

Even if he could sell them, if he couldn't pay back the missing 28 million shares, he would still be investigated by the China Securities Regulatory Commission and face the risk of going to jail.

Di Qing looked calm, waved his hand and said, "Don't worry about that, Mr. Luo. Since I dare to borrow, I am sure I can pay it back. If I can't pay it back by then, I will bear the risk myself, and Mr. Luo doesn't need to be responsible."

"You want to buy shares from the shareholders of Dongyuan Group?"

Luo Minsheng also vaguely understood what Di Qing meant at this time, frowned and said: "Unless the share price of Dongyuan Group drops sharply, they will not sell their stocks. How can you guarantee that the share price of Dongyuan Group will definitely fall?"

"Mr. Luo, you don't have to worry about this. I naturally have my own information channels." Di Qing said lightly.

"I don't care what inside information you have, the risk of doing this is too great, and I don't want to pay for your mistake!"

Luo Minsheng said no more after hearing this, and shook his head and said, "Mr. Di, I have been playing stocks for many years. The stock market is not played like you. Dongyuan Group is not mainly engaged in the financial industry. They have the support of the real industry. Even if the stock market really explodes and falls, it will not fall too much."

"You are doing naked short selling, not only will you be targeted by the China Securities Regulatory Commission, but the shareholders of Dongyuan Group will definitely notice it. If they manipulate the stock market to raise the stock price, or squeeze out the short position and refuse to sell to you, you and I will both die miserably!"

Luo Minsheng advised earnestly: "If you really want to short sell, Mr. Di, these 12 million shares are enough. Even if you make a loss, as long as you stop in time, Mr. Luo, you won't lose much."

"Mr. Di, in the stock market, the bigger the investment, the bigger the storm!"

Di Qing looked calm and said calmly: "But there is also a saying that goes, the bigger the storm, the more expensive the fish."

"Mr. Luo, I appreciate your kindness, but I still say that since I dare to do this, I am sure I will succeed. After all, my money is not blown by the wind."

"Mr. Luo, just do what I say. You can take whatever commission you want. If anything goes wrong, I will take the responsibility myself."

Luo Minsheng shook his head: "It is not up to you, Mr. Di, to decide who is responsible. Since you asked me to do it, I will not be able to escape responsibility if something goes wrong. I will not take such a big risk for you."

Hearing this, Di Qing frowned and his face gradually darkened: "Mr. Luo, are you sure you don't want to do it?"

Luo Minsheng sat back in his chair and said calmly, "Mr. Di, you should ask someone else for help. I can't do this order."

Di Qing narrowed his eyes slightly: "But I don't have the habit of giving up halfway. Since I have found you, it is not up to you to decide whether to do it or not."

Luo Minsheng sneered: "If I don't do it, can you force me to do it, Mr. Di?"

As he said that, he stood up and opened the office door, making a gesture of invitation: "I only welcome like-minded friends here. It seems that Mr. Di is not one of them. Please come in."

Di Qing sat still, looking at Luo Minsheng quietly, and suddenly asked: "Mr. Luo, how is your uncle?"

Luo Minsheng's face changed, he looked up suddenly and stared at Di Qing: "What do you mean?"

"You know exactly what I mean!"

Di Qing said coldly, "Back then, your company went bankrupt and owed the bank tens of millions. Later, when the stock market crashed, you made hundreds of millions. Not long after, the five richest people in Hong Kong appointed you as their trading representative. You know best how all this happened."

"Also, over the years, you have helped the landlords to make fake deals and done so many illegal things. Do I need to list them all to you?"

Luo Minsheng's face became more and more ugly, and huge waves surged in his heart.

After Di Qing said the three words "landlord association", he no longer had any hope.

Because this is the biggest secret in his heart. Apart from himself and the members of the Landlord Association, even his wife doesn't know about it.

But Di Qing knew it clearly and even called out the name "Tongshu".

That proves that Di Qing really knew his secret, the secret of the Landlord Association!
"Who the hell are you?!"

Luo Minsheng closed the door again and stared at Di Qing: "What on earth do you want to do by looking for me?"

Di Qing crossed his legs and said calmly, "Don't worry. I'm not interested in the mess between you and the landlord for now. It doesn't matter who I am. Just help me with this order. I won't make things difficult for you in other matters."

Luo Minsheng's face was uncertain, and he said, "But if you do this, if you lose the bet, both you and I will go to jail!"

"If you don't do it, I can put you in jail right away." Di Qing said coldly.

Luo Minsheng looked unhappy.

He was not sure whether Di Qing had evidence of his fraudulent dealings, but since Di Qing knew his past, he also knew about the meeting between Tong Shu and the landlord.

He doesn't dare to gamble!

Taking a deep breath, Luo Minsheng gritted his teeth and said, "Okay, I'll do it for you, but we have to sign a contract first. I'm only lending you these 12 million shares. The remaining 2,850 shares have nothing to do with me. If you lose the bet and can't pay it back, you'll be responsible for it yourself!"

"make a deal!"

Di Qing smiled and said, "Go print the contract."

Luo Minsheng's face was gloomy, but since he had agreed, he said no more and walked to the computer to print the contract.

In duplicate.

Di Qing took it and looked at it. After finding that there was no problem, he simply signed his name, returned it to Luo Minsheng, and asked, "Can we start?"

Luo Minsheng took the contract without saying a word, put it aside, then sat back in front of the computer and started operating and making phone calls.

Ten minutes later, he turned around and said, "It's done. We can start."

Di Qing immediately stood up and took a look. He saw the computer display showing the shares of Dongyuan Group, a total of 40 million shares.

But 28 million of them are fake, and these 28 million stocks do not exist on the market at all.

Di Qing took a deep breath and nodded, "Let's get started. Let's list 20 shares first, set the price at yuan, and see if anyone buys."

Luo Minsheng did not hesitate and followed Di Qing's instructions to sell out 20 shares at a price of yuan.

ten minutes later.

"Someone bought it!" Luo Minsheng said.

Di Qing was shocked, and after a closer look, he saw that the 100,000 shares were indeed bought out at once. The stock market in Hong Kong has always been very hot, especially during the craziest times. On average, one in three people played stocks, and it was not an exaggeration to say that everyone was trading stocks.

Although the stock price of Dongyuan Group has not increased much in recent years, it still fluctuates occasionally.

If you buy 10 stocks and even if they only go up by cent, you can still make yuan by selling them, so naturally someone will be interested.

"Sell another 100 million shares, still 20 yuan!" Di Qing ordered.

Luo Minsheng did as he was told.

But this time, 10 minutes passed, 20 minutes passed, half an hour passed... still no one bought it.

Di Qing frowned and said, "The price is 19 yuan."

Luo Minsheng changed the price.

Ten minutes later, all the goods were sold out.

Di Qing smiled and said, "Keep putting it out. Just keep putting it out one million at a time, and keep it at 19 yuan each."

It was still early before the market closed, so Di Qing was in no hurry as long as he could sell it before the market closed.

However, after selling three or four million worth of goods, the stock price suddenly changed and fell by two cents.

This time, no one bought it after it was put up for a long time, so Di Qing continued to raise the price to 19 yuan.

It doesn’t matter if you sell it at a lower price temporarily, at most you will make a little less profit, but as long as you can sell it, you will make a profit!
But at the same time.

The abnormal changes in stock prices also attracted the attention of Dongyuan Group’s stock market staff.

"The stock price fell? What happened?"

"Someone is selling a large amount of our Dongyuan Group's shares!"

"Five million shares have already been sold. It's impossible for retail investors to have so many shares. Is someone borrowing the shares to short sell?!"

"Want to short sell our Dongyuan Group's stocks? You are courting death!"

"Buy all his goods, and then raise the stock price after he sells them all, and make him lose money!"

The sale of five million Dongyuan Group stocks immediately made the people in Dongyuan Group realize that someone was using the securities firm's stocks to short sell.

After all, everyone knows exactly how many shares of Dongyuan Group are in circulation.

The maximum number of shares held by retail investors is three million, and they are not all in the hands of the same retail investor.

But now, someone has sold more than 5 million shares in less than an hour. There is only one possibility -

Someone is borrowing the mortgaged stocks of a securities company to short sell!
Realizing this, the people from Dongyuan Group immediately started to grab the goods, buying them all no matter how much the other party released.

Short selling is a bet that a company's stock price will fall, which no company can tolerate.

What’s more, the stock market of Dongyuan Group has been very stable in recent years. There are still people who dare to short sell the stocks of Dongyuan Group. Isn’t this courting death?

On Luo Minsheng's side, after his stocks were quickly sold out three times in a row, his face changed slightly and he realized something instantly.

"People from Dongyuan Group have taken action!"

Di Qing naturally understood what this meant, but this was just right for him!
I’m worried that I can’t sell it!
Di Qing showed a sneer on his face and said, "Change the price to 20 yuan and keep selling!"

Luo Minsheng immediately changed the price, but it was sold out quickly after being put on the market.

"21 pieces, keep playing!" Di Qing ordered.

21 yuan for one million shares, and they were sold out in an instant!

But to date, nine million shares have been sold.

"22 bucks, one million shares, release!"

Second!
Ten million shares!
"23 bucks for one million shares!"

"24 bucks for one million shares!"

Twelve million shares were sold out in just a moment!

All the stocks borrowed as collateral have been released.

Luo Minsheng looked serious and asked, "Do you want to continue?"

"continue!"

Thirteen million, fourteen million...

At this time, Dongyuan Group gradually realized that something was wrong.

"How could they possibly still have so many?!"

"Fifteen million shares!"

“Someone is doing naked short selling?!”

Realizing this, the head of the stock bank could no longer sit still. He ordered his employees to stop buying and quickly ran out to call his boss Wang Dongyuan.

At this time, Wang Dongyuan was participating in a dragon boat racing event organized by the government in Wan Chai.

Many local councillors and group bosses are here.

Wang Dongyuan was dressed in a suit and tie, with a big smile on his face, looking like a successful man. He stood in the crowd, ready to participate in the dragon boat eye-dotting ceremony with everyone else.

But when the host called his name, Wang Dongyuan was just about to go on stage.

The secretary ran over quickly with the phone in hand and whispered, "Boss, there's a call from the stock market. Someone is doing naked short selling and maliciously shorting our group's stocks!"

“Naked short selling?”

Wang Dongyuan frowned and asked, "Who is the other party?"

"do not know!"

The secretary shook his head and said, "It's a newly opened account. We can't find out who it belongs to yet."

"Is there anyone trying to mess with our group's stock price?"

Wang Dongyuan frowned and thought, but when he thought about it carefully, it was unlikely. After all, there were many real industries to support it, so the stock market of Dongyuan Group had always been very stable.

It's okay to push the stock price down in a short period of time, but it will go back up soon.

Moreover, the group has no major project plans recently. Which competitor would have nothing better to do than to mess with Dongyuan Group's stock market at this time?

"President Wang Dongyuan, please come on stage to participate in the eye-dotting ceremony!"

At this moment, seeing that Wang Dongyuan was still not coming on stage, the host called out again.

For a moment, many people cast puzzled looks at Wang Dongyuan.

Wang Dongyuan came back to his senses and asked in a low voice: "How many shares did the other party sell?"

"It's already 15 million shares!" said the secretary.

Fifteen million shares?
Wang Dongyuan narrowed his eyes slightly and immediately realized that there was something wrong with these stocks.

"Call the stock market and buy whatever they sell for. I'll take anything under 40 bucks!"

“When the market is about to close, we will drive up the stock price, and then call the shareholders who have pledged their shares to the securities companies and ask them to take back the pledged shares.”

At this point, Wang Dongyuan snorted coldly: "Naked short selling? I'll make him spit out double what he took in!"

At this time, the host called out for the third time, "Please invite Mr. Wang Dongyuan to the stage to participate in the dragon boat eye-dotting ceremony."

Wang Dongyuan looked at his secretary and said, "Do as I say. Go quickly."

"Yes, boss." The secretary immediately turned and left.

Wang Dongyuan also straightened his clothes, put a smile on his face again, and slowly walked onto the podium.

Next to the rostrum stood several plainclothes police officers in charge of event security, among whom was Inspector Li Ying of the Wan Chai Serious Crime Unit.

And his target of protection was Wang Dongyuan.

Looking at Wang Dongyuan's pretentious demeanor, he couldn't help but snort coldly: "You bastard, you better get killed as soon as possible!"

(End of this chapter)