The 25th, an entire day.
The stock managers in the Hong Kong stock exchange experienced two extreme cycles like a roller coaster ride.
Teng Long Holdings was like a demon stock, and its turnover had already exceeded 400 billion.
One had to know that Tenglong's total market value was only 6 billion US dollars, which was equivalent to 420 billion Hong Kong dollars.
However, in just one day, his transaction volume had already reached 200 billion.
In other words, in one day, the transaction volume reached half of the market value.
This was another unprecedented record.
However, the madness continued.
When Teng Long's stock price fell to 50, the stock market began to be dominated by green.
When all the stockholders saw this scene, they felt even more despair.
Because they knew that it was time to start buying.
But they could not stop it.
Even some managers who had expected this outcome were helpless.
Because even if he insisted on holding Teng Long's shares, if his sponsor insisted on buying them, could he refuse?
Lin Cheng came to another office. The beauty from two years ago was here.
"How much have we bargained so far?"
As soon as he spoke, the beauty walked over and said respectfully,"Boss, we've already bought about 15% of Teng Long's shares and spent about 29 billion Hong Kong dollars.”
At eight o'clock this morning, 15% of Teng Long's shares were worth at least 63 billion Hong Kong dollars.
But now, he had only spent 29 billion Hong Kong dollars.
He still had about 10 billion Hong Kong dollars left.
"Boss, do we still need to continue the acquisition?”
Lin Cheng estimated the transaction volume of each capital plan in his heart and said,"Continue to buy 5% of Teng Long's shares. After that, no matter how high Teng Long's share price reaches, stop the acquisition immediately.”
Of course, he wasn't the only one who had bargained. As the transaction increased, Teng Long's stock price would definitely rise as well. This would not be worth it.
Moreover, no matter how many tradable shares he bought on the market, it was worthless.
At most, they could participate in the shareholders 'meeting, but they did not have the right to vote.
Why did the founders and bosses of Tenglong, Li Tengfeng, and most of the technology companies only have a small amount of shares, but they could control the entire group?
That was the reason. The right to vote.
A listed company would strictly control voting rights. Generally speaking, they would sign an agreement that stipulated the amount of voting rights of the person who signed the agreement, or implement ab shares. Some shares had voting rights, while the other part only had the right to dividends.
This was the case for the later Ali. Jack Ma only held 8% of the shares and still firmly controlled the entire Ali.
Huawei's Ren Fei only held 1% of the shares, but he could make decisions.
Therefore, Lin Cheng had made a bargain with Soaring Dragon this time just to make money and hit Soaring Dragon's stock price.
When he went in, the stock price of Soaring Dragon was the same as when he came out.
He had to spit out all the money that had been used to blackmail him.
I'll have to pay you back tenfold.
At this moment, Lin Cheng's phone rang.
He picked up his phone and smiled when he saw the familiar name.
Whoever made the call first would be the loser.
Capital battles were also wars. Those who lost were destined to be eaten.
"Lin Cheng, what do you want for you to stop?”
Heh.
Before he could speak, he heard a deep voice.
Lin Cheng smiled disdainfully. Two years ago, what kind of trouble did we get into for you to frame me like this?”
If they had different ideologies, they could just put them on the table. Everyone would disperse peacefully.
But you shouldn't have stabbed me in the back!
Li Tengfeng was silent for a while.""Alright, I'll take it as my loss this time. However, for the 15% shares you have, name a price! I'll accept it."
Lin Cheng glanced at the screen above the trader and smiled.""I'm sorry, it's already 20%. However, you can't afford the price I'm offering.”
Hearing this news, Li Tengfeng was obviously stunned.
20%, this was already more than the shares that Lin Cheng held when he chased him out!
Such a vengeful man was really terrifying!
" There's no price in this world that I can't afford," he said in a low and hoarse voice." Tell me, how much is this 20% of shares?"”
He had to take back the shares. At the very least, he couldn't let Lin Cheng hold them.
Otherwise, he would really have trouble sleeping and eating.
Voting rights weren't fixed. At every shareholder's meeting, it would change according to the number of shares held, although it couldn't shake him as the founder.
However, a shareholder who held 20% of the shares did not have any voting rights. The first person the supervisory bureau had to talk to was him.
Therefore, he would not allow Lin Cheng to hold onto Soaring Dragon's shares. Even if he did, he could not have so many shares.
Otherwise, what was the point of everything that happened two years ago? Was it a joke?
"Do you have 100 billion Hong Kong dollars?”
"Are you crazy?" "This price is even higher than the stock price of the Soaring Dragon at its peak. Besides, where do I get so much money?" Li Tengfeng roared. At most, 80 billion. This is the highest price I can offer.”
He had taken the highest price in the morning. 20% of the shares was 80 billion.
Although he didn't have the money, he had the ability to pull in investment banks and buy this portion of shares.
Now, the major investment banks were actually still optimistic about Teng Long. He was very clear about this.
As long as the market in Xia country was open, Penguin would not fall, and Teng Long would not fall.
This was also the reason why Lin Cheng had agreed to sell his shares. The current him was still unable to make everyone feel that he could replace Li Tengfeng.
However, no one could stop him from taking a few bites of his flesh and taking back what he deserved.
Moreover, today's incident had brought in a lot of capital.
But he had buried many hidden dangers for the Soaring Dragon!
Therefore, when he heard this answer, Lin Cheng smiled.
He smiled happily. In the morning, he had only taken out 10% of the shares and converted it to the highest price at that time, which was 42 billion Hong Kong dollars. Now, it was 80 billion in an instant.
This money was really easy to earn.
No wonder so many people were playing with capital!
However, he did not plan to sell it.
"100 billion, this is the price! If it were anyone else, I would sell it for 80 billion, but if you want to redeem it, there's no second price.”
Li Tengfeng was furious. Even with his self-restraint, he was still furious.
"Lin Cheng, don't push things too far.”
"Who was the one who went overboard in the beginning?”Lin Cheng mocked.
"You…"
Li Tengfeng was speechless.
"However, if you agree to one condition of mine, 80 billion is not a problem.”Lin Cheng suddenly said.
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