my life reset

Chapter 562 Long and short battle (Happy Chinese New Year everyone!)
Chapter 562
"Boss, you are ready to go to war. Okay, you leave these matters to me, and I will definitely handle them properly."

Xia Bing's connections in Xiangjiang are also very strong, but since Hu Yang has appointed the bank, she just does it.

Afterwards, Xia Bing went back to tidy up briefly, and then took Liu Ying to pass to Xiangjiang.

Two days later, Xia Bing, Liu Ying and Ed Securities negotiated a securities lending plan.

At present, the share price of Mingji Holdings Group is around HK$40.Huijia International Investment bought 40 million shares of Mingji Holding Group from Aide Securities at a price of HK$1 per share as a margin reference.

The margin is 10% of the total amount of securities lending, which is 4 million Hong Kong dollars.Once the stock price of Mingji Holdings Group reaches the warning line, Huijia International Investment must increase the margin, otherwise, the brokerage firm will forcibly close the position.

The loan from the bank was also very smooth. Shenhai Tengfei provided a guarantee for Huijia International Investment, and Sumitomo Mitsui Bank Hong Kong Branch gave Huijia International an investment of 50 billion Hong Kong dollars.

Xia Bing called to discuss with Hu Yang, and decided to borrow 10 billion Hong Kong dollars in advance, and then look at the follow-up situation.Anyway, the bank's loan quota has been given, and the funds within 50 billion Hong Kong dollars can be credited to the account at any time.

The 10 billion Hong Kong dollars quickly entered the securities account of Huijia International Investment, and paid a deposit of 4 million Hong Kong dollars to the securities company. Aide Securities delivered [-] million shares of Mingji Holding Group to Huijia International Investment.

"Boss, the stock price of Mingji Holding Group has rebounded slightly in the past two days. Its stock price has reached around 43 Hong Kong dollars, and I think it's time to sell."

After the integrated stock was delivered, Yu Hongbo kept a close eye on the trend of Mingji Holdings Group's stock.After a small rebound, he suggested that Populus euphratica could be sold.

"Okay, Lao Yu, act now. Don't hesitate, sell everything in one go."

Following Hu Yang's order, Yu Hongbo and his team members began to sell the shares of Mingji Holding Group continuously.

The stock price, which was still in the rebound trend, suddenly turned down without warning.

After Yu Hongbo's team sold 5000 million shares of Mingji Holding Group, its stock price fell back to around HK$40.

Hong Kong.

Zeng Ruhai's office.

The vice president of the company is turning on a laptop to show Zeng Ruhai the trend of the company's stock.

"Director Zeng, this is someone who is selling a large number of the company's stocks. If this decline is formed, we will have no power to recover. At this time, there is still time to support the market. Do we want to sell?"

If the company's stock price collapses, the Zeng family's wealth will shrink by more than half.

Currently, Wesley (South China) is going through a difficult period, and Zeng Ruhai wants to raise some funds to support it through equity pledge.

Now that he is supporting the market, Zeng Ruhai's funds will be very tight.

"Mr. Zhang, who do you think is shorting our stocks? Could it be Hu Yang's Huijia Department?"

Zeng Ruhai pondered for a long time, it was difficult to make up his mind.

Some time ago, he had a good life, so he set a trap for Hu Yang in the stock market.

However, although that guy Hu Yang was young, he was as cunning as an old fox, so he just didn't take the bait.Now, presumably he will not turn his attention to the stock market either?
"Director Zeng, it's still hard to determine which channel of funds is shorting us. However, if we don't take action, I'm afraid it will cause panic in the market. After all, our investment in Wesley (South China) is increasing day by day. loss."

Wesley has issued a performance warning internally. It is expected that in the second quarter, the company's performance may achieve zero growth or even a slight loss.

In this case, it will inevitably affect the stock price trend of Mingji Holding Group.

At present, Mingji Holding Group still has a lot of equity pledged to banks (for loans). If the company's stock price plummets, Mingji Holding Group's capital chain is likely to be broken.

However, if Zeng Ruhai makes a move now, it will inevitably increase the pressure on the financial side.It's okay if you win, but if you lose, the Zeng family will be in a state of eternal doom.

This is a dilemma, Zeng Ruhai dare not make a decision hastily.

"Mr. Zhang, let's watch it for another two days. I'll find a way to raise some funds and prepare for the market."

In the end, Zeng Ruhai still didn't dare to let the stock price drop, so he started to raise funds everywhere.

However, after a few days, Zeng Ruhai bumped into walls everywhere.

Financial institutions that could provide him with financial support at any time in the past have become very conservative now.They didn't say no to loans, but collateral must be required.

Zeng Ruhai had no choice but to grit his teeth, mortgaged the shares in Taipower he held in his hand, and obtained a huge sum of money from the bank, a total of 25 billion Hong Kong dollars.

At this time, the share price of Mingji Holdings Group has fallen to 36 Hong Kong dollars.

deep sea.

Yu Hongbo's team has sold 6000 million shares of Mingji Holding Group.

But after reaching this price, the stock price of Mingji Holding Group suddenly had a strong rebound, and soon the stock price returned to around 39 Hong Kong dollars.

"Boss, if I'm not mistaken, it must be Zeng Ruhai who made the move. This wave of rebound is obviously driven by big money, and it's coming fiercely."

Yu Hongbo could feel the opponent's extraordinary strength, and he stabilized the stock price as soon as he made a move.

"Old Yu, isn't there a lot of short-selling funds following the trend in the market?"

In order to form an irreversible downward trend, it is definitely not enough to rely on the [-] million shares in Hu Yang's hands.

This requires the market to form a unified understanding, that is, most people are pessimistic about the market outlook of Mingji Holdings Group.

"There is really not much money to short-sell following the trend, and most people are waiting and watching. After all, Wesley is still fighting hard, and many people are not sure whether Wesley (South China) can be reborn at the end of the year."

Yu Hongbo sighed helplessly. At present, it seems that the market has diverged in the stock price trend of Mingji Holding Group.

Funds represented by Populus euphratica are selling short, while Zeng Ruhai's support funds are also buying in large quantities.

Therefore, the share price of Mingji Holdings Group has formed a short-term balance at around HK$40.

"Old Yu, how about this, you guys stop for a while. I may have other ways to consume the other party's funds, you wait for my news."

On Hu Yang's side, there are only 4000 million shares of Mingji Holding Group left.If they are all sold short in normal times, it will still cause considerable damage to the stock price of Mingji Holdings Group.

But now, due to Zeng Ruhai's efforts to support the market, even if the 4000 million shares are completely sold short, it may not have much effect.

For Hu Yang, shorting Mingji Holding Group this time is not a simple short-selling behavior.His powerful weapon is outside the securities market.

　I wish you all a happy new year and a lot of money!
　　During this special period, I hope everyone is safe and healthy!
　　Spend more time with your family during the Spring Festival, watch movies and read books when you are free, and stay at home is also good!
　　
　
(End of this chapter)