roccoschili Chapter 409 Let the Bullets Fly for a While
Chapter 409 Let the Bullets Fly for a While
The rumors that Meng Chuan had leaked immediately caused a huge uproar in the market.
The stock market is the place most prone to causing panic.
It is also where "loss aversion" and "herd mentality" are most concentrated.
Amidst a flurry of rumors about the possible bankruptcy and restructuring of the Liu Group.
The stock price of Liu's Group plummeted from its daily limit, triggering a panic sell-off among investors.
Inside the Goldman Sachs building, Thomson stared at the plummeting stock price on his computer screen, his face terribly grim.
"Who exactly is working against me? Get me to contact Stephen from Morgan and David from Castle Investments right now."
Thomson roared.
The news that the Liu Group was about to go bankrupt disrupted his original plans.
He has always been wary of the mysterious private capital in the stock market.
However, according to the habits of that private capital, he should only make his move when he starts shorting.
Now that he's bullish, there's no reason for private capital to suppress the stock price.
If it's not private capital, then who exactly is going against him?
Or is the Liu Group really going to go bankrupt and be restructured?
Soon after, Thomson held an emergency video call with Stephen, the head of JPMorgan Chase, and David of Citadel Investments.
“We are all allies, and we are all on missions. This time we must unite and not give Chinese capital another chance to defeat us one by one.”
"Thomson said in a deep voice."
Thomson is quite capable.
He truly rose to the position of President of Goldman Sachs Asia through his own abilities.
Unlike David of Castle Investment, who, although now demoted to head of Stud, is still Kenliver's grand-nephew and son-in-law of the Kennedy family, and rose to his position through nepotism.
Now that Bloodblade has disappeared, Thomson no longer needs to hold himself back.
Although the A-share index has not yet reached their agreed target value, it has already reached 5100 points.
Now we can launch the final assault.
Once a breakthrough is made, all foreign capital will sound the charge.
When the time comes, they will all rise up and attack, enough to take over the entire Chinese stock market.
Thomson's mission was accomplished; otherwise, the Goldman family might have taken his position as president of the Asia region.
"I also think we should join forces. As long as we continue to invest funds and drive up the stock price, and then short it hard, he will definitely not be able to recover!"
Stephen, the head of JPMorgan Chase, nodded.
They had prepared for so long, but both Castle Investment and Goldman Sachs suffered setbacks.
This time, there is a considerable amount of foreign capital looking to carve up a share of the Chinese stock market.
They are just one of the larger alliances.
If their alliance suffers too many losses and cannot keep up with subsequent funding, even if they manage to find a breakthrough, they will only be doing the work for others.
"Then let's join forces!"
David's facial injury hasn't fully healed yet.
He was slapped twice by Yingdie and his face turned into a pig's head, but the swelling has gone down a lot now.
David couldn't offer any profound advice, so he could only nod in agreement.
Subsequently, the three major capital giants began to frantically buy Liu's Group's shares.
Driven by their substantial capital, the Liu Group's stock price not only halted its downward trend but also began to rebound from its lows.
At the same time, the three major capital groups jointly issued a statement claiming that they are extremely optimistic about the future development of the Liu Group.
With their hype, the Liu Group's stock price couldn't be suppressed.
It quickly became the second stock in the A-share market to hit the daily limit.
The first stock to hit its daily limit was naturally Pinduoduo, which was newly listed yesterday.
When Pinduoduo went public yesterday, it only issued 10% of its total share capital, which was 3.75 million shares.
The issue price was 80 yuan per share, and the total market value was 300 billion yuan.
These 3.75 million shares were snapped up on the first day of trading.
Then the stock price soared all the way up, and yesterday it had already soared to 120 yuan per share.
There are no price limits on the first day of a new stock listing.
On the second trading day, which is today, the daily price fluctuation will be limited to 30%.
Pinduoduo's stock price hit the daily limit within just 30 minutes of opening today, settling at 156 yuan.
Based on the current stock price, Pinduoduo's market value has reached 5850 billion yuan.
This also made Zhong Hongyi's people at the central company extremely frustrated.
They couldn't understand why, despite having already reported Pinduoduo for financial fraud, they couldn't stop Pinduoduo from going public.
They even had Lao Wu, the director of the review center, personally endorse the listing, and even Zhang, the director of the Shanghai Stock Exchange, posted an article congratulating Pinduoduo on its listing.
This is why Pinduoduo's stock price soared beyond their expectations.
Let's talk about the Liu Group's stock.
With the support of three major capital giants, the stock price hit the daily limit again.
"Young Master, what should we do?"
"The whale hunter said with some concern."
"It's alright, let the bullets fly for a while."
Meng Chuan had an indifferent attitude.
The whale hunter was completely confused and had no idea what Meng Chuan was trying to say!
"You guys keep trying to get the three major capital firms to increase their investment, and tell me when they start shorting the market."
Meng Chuan didn't explain, but after giving instructions on hunting whales, he left the basement with Ying Die.
Looking at Meng Chuan's nonchalant demeanor, Hunter Whale was momentarily speechless.
He couldn't think of any other tricks Meng Chuan might have up his sleeve to counter these three giants.
They couldn't understand why Meng Chuan wanted the three giants to invest more.
The more money they invest, the more influence they wield.
Then it will be even more difficult for Meng Chuan to shake them.
The more money Meng Chuan invests, the more funds he will receive.
Of course, if Meng Chuan really succeeds in shaking them, Meng Chuan and the Liu Group will reap even greater rewards.
The whale hunter just couldn't figure out what Meng Chuan's backup plan was.
However, out of trust in Meng Chuan, he had no choice but to follow Meng Chuan's orders.
"Shadow Butterfly, it's been a long time since I've gone fishing. Come fish with me for a while."
After leaving the basement, Meng Chuan suddenly became interested.
The joy of a fisherman is something most people can't understand.
During this period, Meng Chuan lived in hell every day.
Having finally managed to steal a half-day of leisure, Meng Chuan suddenly found himself itching to play.
As for the Liu Group, Meng Chuan only needs to be wary of them shorting the stock.
Let them do what they want before they short it.
"it is good!"
Yingdie smiled faintly and immediately prepared fishing gear for Meng Chuan.
"But Wang Zheng has called you so many times since yesterday, are you really not going to see him?"
Yingdie said this as she baited the fish for Meng Chuan.
"He hasn't gone back yet? Pinduoduo has already gone public, what is he still doing in Shanghai?"
Meng Chuan asked, puzzled.
Meng Chuan's phone is now mostly in Ying Die's hands.
Yingdie is no longer simply Meng Chuan's bodyguard.
She single-handedly took on almost all the roles of bodyguard, secretary, and nanny.
She could even take on all the duties of a wife if Meng Chuan wanted to.
"In my opinion, he definitely won't leave unless you treat him to a meal."
Yingdie said calmly.
"Virtue!"
Meng Chuan said irritably:
"Then let him come, treat him to some grilled fish, and send him back as soon as possible."