my life reset

Chapter 296
Chapter 296

"Dr. Zhang, I've been keeping an eye on the company's stock, don't worry. If it really comes to the most dangerous moment, I don't care what others do. I assure you, I will definitely increase my holdings."

Zhang Rulin, who was far away in the magic capital, couldn't bear the pressure, so he had to call Hu Yang for advice.

Hu Yang's attitude is very firm, and he must not compromise with Taipower now.If we compromise now, I am afraid that there will be no scum left in Xintong International in the end.

"Mr. Hu, I feel at ease with your words. Of course, the shareholders of the company will not watch the show from the sidelines. Everyone can raise some funds more or less. When it comes to the need to protect the shell, we will all Do your best."

Zhang Rulin is grateful for Populus euphratica's willingness to invest huge sums of money to save the company's stock price at the critical moment.

He doesn't have much money in his own hands, but he can still borrow money.He will also do the work of other shareholders, and a huge company cannot rely solely on Hu Yang.

Hu Yang could understand Zhang Rulin's current mood, so he said with a smile: "Dr. Zhang, in times of crisis, all shareholders need to work together to tide over the difficulties. I believe there is no obstacle that cannot be overcome. Of course, the most important thing on your side is still the company's Production and management. Only by working hard to improve your own strength, will you not be afraid of any storms."

Hu Yang's statement was tantamount to giving Zhang Rulin a reassurance. After chatting for a few more words, he hung up the phone.

He needs to take a look at the trial production and find out the technical defects that affect the yield rate as soon as possible. This is the most important thing at present.

After speaking with Zhang Rulin, Hu Yang immediately called Yu Hongbo to his office.

In recent days, Hu Yang basically stays in Xiangjiang for two to three days a week, and he himself is also paying close attention to the changes in the stock price of Xintong International.

And today, it happened to be the ex-rights day when the company implemented ten free ten shares, so he was here yesterday.

"Mr. Hu, the closing price of the company's stock on the last trading day was 2.98 yuan. Today's price after ex-rights is 1.49 yuan. After the opening of the market, it has dropped a little. The current stock price is fluctuating around 1.36 yuan."

After ten free ten shares, the ex-rights price is equivalent to a [-]% discount, and the share price of Xintong International is only more than one Hong Kong dollar.

This is actually very risky. At this price, the company's stock price can easily fall below the lifeline of one yuan.

If the company's stock price is only a few cents left, it is tantamount to explaining to the world that Xintong International is a junk stock, and it is estimated that it will be delisted soon, right?
"Well, get ready, I guess someone will do something in the past few days."

Hu Yang didn't believe that the Zeng family would let go of such a good opportunity, and they would definitely suppress the company's stock price, thus putting Xintong International into a situation where there would be no redemption.

Previously, Huijia International Investment Company had US$17.84 billion in its account, and transferred two funds to Huijia International Investment (Pudong) Company, one US$2 million and one US$4 million, totaling US$6 million.

After excluding some expenses, the company still has $11.6 billion on its books.Hu Yang left 1.6 million US dollars in the account, and converted 10 billion US dollars into Hong Kong dollars and transferred all of them to the securities account.

The current exchange rate between the U.S. dollar and the Hong Kong dollar is about 1:7.8, which is exactly 78 billion Hong Kong dollars on average.

Hu Yang set the final line of defense at 0.8 Hong Kong dollars. Once the company's stock price falls to this position, he will buy it at all costs until all his funds are exhausted.

In the afternoon, the stock price of Xintong International continued to fall, once falling below 1.30 yuan, and when the market closed, the stock price fell to 1.32 yuan.

As soon as the market opened the next day, Yu Hongbo reported to Hu Yang that there was a large amount of sell orders hitting the market, and the stock price of Xintong International plummeted, leaving only 1.13 yuan at the close.

"Mr. Hu, if this continues, it will soon fall below the round number of one yuan."

Yu Hongbo looked very worried. He didn't have a comprehensive understanding of the fundamentals of Xintong International, but he knew that the company was in a lawsuit with Taipower. To be honest, even he was not very optimistic about this action.

After all, the price of the stock depends on the fundamentals of the company. If a company is on the verge of bankruptcy, how much is the stock worth?

With so much money, it is not worthwhile to invest in the bottomless pit of Xintong International.

Yu Hongbo also tried to persuade Hu Yang, but Hu Yang's mind had been made up, and he could only obey orders.

Within two days, the stock price of Xintong International finally fell below [-] yuan. Judging from this situation, it is possible to drop all the way to [-] cents.

Mingji Holding Group, Zeng Ruhai's office, his subordinates reported to him the results of shorting Xintong International.

Just now, the stock price of Xintong International has fallen to 0.85 yuan, and the Zeng family has run out of bullets, and the effect has reached expectations.

"Director Zeng, should we wait for the stock price to fall again before starting to buy?"

A considerable part of the so-called bullets of the Zeng family came from securities lending. They started selling stocks from the price above five yuan, which not only suppressed the stock price, but also made a lot of money.

Of course, the price of five yuan is before ex-rights, and after ex-rights is 2.5 yuan.

That is to say, Zeng's family has been shorting the shares of Xintong International from 2.5 to 2.8 yuan. The current price is more than [-] cents, and the price difference between them is very alarming.

"Don't worry. Now that Xintong International has internal and external troubles, there is no money to take care of this stock. However, we must also be on guard against the case that the shareholders of Xintong International are desperate. Once the stock price falls below 0.8 yuan, start buying."

Although Zeng Ruhai is very sure that the shareholders of NTS International will not invest any more funds, there are surprises in everything, so he still adopts a more conservative strategy.

However, there is a saying that is good, the plan is not as fast as the change.After just a few words, the stock price of Xintong International really fell below 0.8 yuan to 0.77 yuan.

At this moment, a buy order of tens of thousands of lots immediately pulled the stock price back to 0.8 yuan.

This seemed to be a signal, a huge amount of buying surged in, 0.85 yuan, 0.90 yuan, 0.95 yuan, 1 yuan. The stock price was pulled to 1.08 yuan in one breath.

Faced with the stock price rising almost in a straight line, Zeng Ruhai and his subordinates immediately realized that big funds really started to enter the market to sweep up the goods.

"Director Zeng, do we need to compete with them for goods?"

The subordinates are a little anxious. Although they did not buy at the lowest price, there is still a lot of room for profit if the price is covered by more than one yuan.

Zeng Ruhai didn't answer right away, he repeatedly weighed the pros and cons in his heart.Logically speaking, he should keep his face at this time and let the shareholders of Xintong International spend their funds.

To be honest, the main reason for the stock price of NTS International to fall to the current level is that the company itself has problems, such as the lawsuit with Taipower, such as being suppressed everywhere in technology, and so on.

The Zeng family's suppression of the stock price was just following the trend, and at most it played a role in fueling the flames.

Therefore, even if the shareholders of Xintong International have started to increase their holdings, the stock price will rise, but when their funds are used up, the stock price will move closer to a reasonable price.

Zeng Ruhai estimates that this reasonable price is between 0.5 yuan and 0.8 yuan.

However, if he made a wrong judgment, it would mean that the Zeng family not only failed to achieve the goal of suppressing Xintong International, but if they did not do it, they would have worked hard and even lost money.

"Director Zeng, we can't just consider other people's interests, we must first ensure that our own interests are not lost."

Looking at the silent Zeng Ruhai, his subordinates tried to persuade him again.The "others" he refers to allies such as Taipower.

"Say nonsense, keep your mouth shut. In this way, we will cover part of it now, but be careful not to let the stock price rebound too quickly."

Zeng Ruhai vacillated between the overall interests of his allies and his own interests, and finally chose a compromise solution.

"Understood, I'll do it right away."

The subordinates rushed out of Zeng Ruhai's office quickly, and then ordered the trader to start operating.

Huijia International invests here.

Hu Yang and Yu Hongbo stood behind several traders, watching the stock price of Xintong International go up.

"Mr. Hu, it's not our family's credit for pulling up the stock price so quickly today. I calculated that 70% of the big orders here belong to us, and the other 30% are probably from friendly forces."

In the stock market, people acting in concert may not all be allies, Yu Hongbo just made a joke.

Hu Yang nodded, he guessed that maybe some other shareholders also started to act?

A subsequent phone call from Zhang Rulin confirmed his guess that other shareholders of the company increased their holdings when the stock price fell below 0.8 yuan.

"Dr. Zhang, the company should issue an announcement immediately, saying that all shareholders have confidence in Xintong International and have taken actions to increase their shareholding. My personal plan is to increase the company's shareholding by 5% in the first phase. The second phase or even the third phase of holdings increase.”

Hu Yang's purpose is not to artificially push up the stock price. Obviously, the current price has been deliberately suppressed. He just wants the stock price to return to a reasonable range.

"Okay, I'll arrange the announcement right now. Mr. Hu, keep in touch if there is any situation."

Zhang Rulin hung up the phone hastily, announcing the company's shareholders' shareholding increase plan at this juncture is also a signal to the market, a positive signal.

"Mr. Hu, now the company's stock price is fluctuating around 1.08 yuan, should we continue to buy?"

Yu Hongbo found that when the stock price reached the threshold of 1 yuan again, the company's stock trading suddenly experienced a short-term balance.

"Well, let's continue to buy. But don't be as aggressive as before, just operate in a calm manner."

Just now it was necessary to show momentum, but now it only needs to flow slowly, so Hu Yang asked them to change their tactics.

Yu Hongbo nodded clearly, and then gave instructions to the traders: continue to buy.

At the close, the share price of Xintong International closed at 1.21 yuan.

The Zeng family also covered a little of the shares of Xintong International.However, the number is not large, accounting for less than 1% of the number of shares that need to be covered.Because Zeng Ruhai believes that after this wave of holdings increase, the share price of Xintong International will still fall to about [-] yuan.

(End of this chapter)