Chapter 32: After using all methods, the situation still cannot be reversed
Sun Changying still felt that Yang Chen was just a scapegoat with no background or ability, and he didn't care about Yang Chen's threat at all.
"You have said all this, and I have nothing more to say, so let each of you rely on your own abilities. Have you used all the means at your disposal? I'll let you see how I can turn the tide." Sun Changying said angrily. said.
"Oh, okay, let's stabilize the stock price tomorrow." Yang Chen said with a smile.
Sun Changying hung up the phone angrily, but he was a veteran after all, and he knew that he must stay calm at this time. The more impatient he is, the more likely he is to make mistakes.
Sun Changying has worked hard for most of his life and accumulated a total wealth of about 8 billion, of which about 6 billion is the stock market value of Changhui Group, and the remaining about 2 billion is deposits, financial management, real estate, and other investments.
At present, the total liabilities of Changhui Group are 120 billion, and the available liquidity on the account is less than 10 billion. If creditors collect debts together, even if Sun Changying mortgages or sells all his assets, it will not help.
Fortunately, Sun Changying has accumulated a lot of connections over the years. At this time, he has to use all the connections he can use.
Early on Monday morning, before the stock market opened, Changhui Group issued an announcement that Chairman Sun Changying would use his personal assets to increase his holdings of the company's stocks. The total amount of the increase was revised from the original no less than 100 million yuan to no less than 10 billion.
The company's board secretary, manager and other senior executives will also use personal funds to increase their holdings by no less than 50 million yuan and promise not to reduce their holdings in the next three years.
At the same time, the main partners of Changhui Group promised not to pursue debt collection from Changhui Group for the time being.
A total of 10 capital companies, including Gaoling Capital, Changshan Capital, China Asset Management, and Fuze Fund, have promised to provide free financial support when Changhui Group needs it.
Shareholders and executives increase their holdings on a large scale, major creditors do not pursue debts, and investment institutions provide financial support. If this combination is achieved, the stock price of Changhui Group will definitely rise sharply under normal circumstances, and it is absolutely impossible to delist towards the face value. develop.
When the stock market opened, Changhui Group's stock price fell briefly and then began to rise. It soon rose by 8 points, with a strong momentum to hit the daily limit.
Sun Changying was watching the market with senior executives. Seeing that the stock price was rising so rapidly, everyone smiled with relief.
"We only used a few announcements to resolve the negative impact that Yang Chen created by using all his resources."
"He is a scapegoat with no money and no background and he wants to delist our group. It is simply ridiculous. With his little strength, is he worthy?"
"If we spend a little more money to add value, the company's stock price will rise to a safe price."
"We have to rely on the connections that Director Sun has accumulated over the years, otherwise we wouldn't have been able to win so easily."
……
Sun Changying laughed loudly, lit a cigar and took a sip and said: "He is just a wage earner. Let him be the chairman of Sihai Group and let him take the blame to keep Sihai Group from bankruptcy and liquidation. He really thinks that he is He is capable. I have at least 40 years of skill in this combo. How can he fight with me?"
"Haha..."
The whole audience laughed, and the air was filled with a sense of triumph.
But at this moment, Changhui Group's stock price suddenly turned around and plummeted, going from an increase of 8 points to a decrease of 8 points in the blink of an eye.
Sun Changying was shocked and the cigar in his hand fell on his pants. He was so frightened that he jumped up and slapped the cigar down.
Sun Changying didn't care about burning a hole in his pants and immediately ordered: "Increase holdings immediately. We must resist this wave of decline."
The executives immediately nodded and followed the instructions. They frantically invested more than 50 million through their personal accounts or called the brokerage managers to help with the operation.
At the same time, Sun Changying also used personal funds to increase his holdings of 100 million shares through the operation of brokerage managers.
To be honest, under normal circumstances, if major shareholders and senior executives increase their holdings like this, the stock price will definitely rise.
but!
It doesn't work if you put it here.
The stock price only pulled back briefly to level, and then began to fall sharply. The selling pressure was too heavy, and the stock price was quickly pushed to the lower limit.
"How did this happen? Why is the selling pressure so severe? Who is selling? I can't buy it all, I can't buy it all."
"It's not those institutions that are shipping, right? If they follow suit, we will be finished. We don't have that much money to receive so many goods."
"Dr. Sun, didn't those institutions at Gaoling Capital promise to help us? It's not like they released fake news to lure retail investors not to sell, and then they secretly sold it, right?"
……
Sun Changying was completely panicked. If those institutions secretly shipped the goods, he would not be able to save the stock price even if he sold his properties.
Sun Changying quickly called Zhang Shi, the boss of Gaoling Capital.
"Hey, Mr. Zhang, did you secretly ship the goods?" Sun Changying asked straight to the point.
Zhang Lei replied with a smile: "Something went wrong. If we don't ship the goods now, we may not be able to escape later. I have to be responsible for the shareholders of the company and the citizens who believe in us."
"But didn't you promise to help me? You also said that if I need money, you will support me." Sun Changying asked.
Zhang Shi immediately replied: "Yes! If I don't sell the stocks, how will I get the money to support you?"
Sun Changying: "..."
Damn it, is this also called support?
Zhang Shi smiled again and said, "I'll hang up if Mr. Sun has nothing else to do. I still want to read the market." Zhang Shi hung up the phone immediately without giving Sun Changying a chance to speak.
Sun Changying quickly called Xue Jian, the boss of Changshan Capital.
"Hey, Mr. Xue, have you sold your stocks?" Sun Changying asked.
Xue Jian smiled and replied: "Sorry, the trader's hand slipped just now and he sold a little bit. However, I have taught him a lesson and I promise not to sell again today."
Mud, the stock price has hit the limit, and I can’t sell it even if I want to.
“Mr.
Xue Jian smiled and replied: "It hurts my brother so much to say this. Brother, I sell stocks to withdraw funds. Only with funds can I support you when you need it."
"But as long as you don't sell and the stock price returns to a safe position, I don't need your support." Sun Changying said.
"Oh, you don't need my support! Then you didn't tell me earlier. Then I'll hang up. I have a customer I want to see." Xue Jian said with a smile and immediately hung up the phone.
Sun Changying: "..."
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Sun Changying called and talked with other capital and large retail investors who had bought Changhui Group shares. They all said they supported Sun Changying, but in fact they were all shipping.
Now Sun Changying realized that those capital and retail investors who said they supported him just wanted him to issue an announcement to appease retail investors not to trample on them, so that they could sell more.
Sun Changying threw the cup angrily and cursed loudly: "You idiot! There is no loyal person out there, and you still want to take advantage of me at this time. How is this different from adding insult to injury and taking advantage of others?"
At this moment, a call came from the front desk, and the presidents of the five major banks came with their teams.
Sun Changying forced herself to calm down and quickly met with the presidents of the five major banks.
"Presidents, please help me. Don't mess with me at this time. I will remember your goodness for the rest of my life." Sun Changying implored.
The five presidents took out the notice from the head office and showed it to Sun Changying. They strictly followed the requirements of the head office. Either Changhui Group would repay the overdue loan, or they would apply to the court for bankruptcy liquidation of Changhui Group.
Changhui Group owes these banks a total of 85 billion, of which 53 billion is overdue. Changhui Group has less than 10 billion in funds on its account, and it is impossible to repay it in any case.
At this time, the secretary hurried over.
"Dr. Sun, the construction companies and decoration companies we cooperate with have come, and they asked us to settle the bill for them immediately."
Sun Changying immediately yelled: "Tell them all to get out! I have no money to give them!"
The person who came to collect the debt heard Sun Changying's roar and immediately followed the sound and came over.
"Director Sun, are you here? Oh, are some bank presidents also here? Director Sun, please settle the settlement for us. I must receive the money today, otherwise I won't leave."
"I also have to get money. These are the hard-earned money of our company's migrant workers. If I don't go back, I can't explain it to them, and they won't be willing to work. It will be troublesome if it delays other companies' projects. ”
"Our company still has more than 5 million yuan in payment that has not been settled. We can easily get such a small amount of money. I hope that Director Sun can help us settle the payment."
……
Sun Changying said loudly: "Don't come together! You come together to ask for money. How can I have so much money to give you! Come one by one, and I promise to pay it all for you. Okay?"
The creditors immediately shook their heads and refused. They would not leave until they received the money anyway, and Sun Changying would not even think about leaving. At worst, they would have a fight.
It can be seen that these creditors are very worried about the collapse of Changhui Group, and their money will not be returned by then.
With Sihai Group as a warning, they dare not take risks.
Sun Changying's original plan was very beautiful, but he never imagined that the reality would develop according to this situation.
At this time, Yang Chen was taking Lu Mei to swim and sunbathe in the villa swimming pool.
"Director Yang, aren't you worried about Changhui Group at all? After all, Sun Changying has been up and down in the shopping mall for decades, and it is impossible for you to defeat him so easily. Should we find the media to build momentum and publish some negative news about Changhui Group? News?" Zhao Jing asked while applying sunscreen on her body.
Yang Chen opened his mouth and took a bite of the grapes handed over by Chen Xi, then said with a smile: "Worried? Why are you worried? Haven't you already seen how lucky I am? God will arrange everything to help me. The short sale is successful, we don’t have to do anything, just enjoy this wonderful time. You guys continue to apply sunscreen on your body, some on your legs, and some on your chest. It won’t look good if you get tanned. …”
Yang Chen has the [Short Sell Will Be Successful] skill that is rewarded by the system. He does not need to worry about anything, he just needs to make preparations for short selling, and the situation will naturally develop in a direction that is favorable to him.
Sun Changying used all the methods he could use, but he still couldn't reverse the situation.
Huang Wei asked with a smile: "Director Yang, do you need a massage? I'll give you a massage and bring some luck to you."
"Huh? Is this okay? I also want to get some luck from Director Yang. Let me give you a leg." Bai Zhi followed up and said.
"Then I'll give you the left leg and give me the right leg." Gao Ya said.
Seeing that others were about to fight for Yang Chen, Chen Xi directly hugged Yang Chen's head and said: "My head belongs to me, and you divide the rest."
(End of chapter)