City: The beginning overturned the trillion empire
7 Short Selling, Price Falling

Revenge

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Li Zekai, who was sitting in the trading center, was anxious and restless.

Seeing Teng Long's stock price drop piece by piece, he could do nothing.

He now held 2% of the shares, which was 1.2 billion US dollars, which was 8.4 billion in Hong Kong dollars.

It was almost half of his net worth.

A single wrong step would be a serious injury to him.

This was not as simple as raising a few celebrities and throwing away a few million-yuan mansions in Hong Kong.

Every time the stock price fell, it was in the tens of millions to him.

"Sell while the stock price is still high?"

Li Zekai hesitated.

"But if the stock price of Soaring Dragon rises again, wouldn't it be embarrassing again?”

At this moment, his phone rang.

"Hello, is this Second Young Master Li?"

Second Young Master? Li Zekai frowned. He hated it when people called him that.

It was as if he was constantly reminding him that he still had a big brother above him.

"It's me. Who are you? How did you know my number?"

There was no number displayed on the caller's phone, only a string of numbers. It was from the mainland.

This was a little strange.

"You mean, eight billion Hong Kong dollars to buy all of my Teng Long shares?”

Eight billion was not a low price. In 2007, when Teng Long's stock price was at its lowest, he invested in Teng Long. At that time, he only spent less than 3.6 billion Hong Kong dollars. Now, it had more than doubled.

He had made a profit, but why would he sell such a good stock even if it was in a temporary slump?

"Heh, what makes you so confident? Teng Long's stock price will collapse. Haha, this is the biggest joke I've heard this year.”

The voice on the other end of the phone continued.

Li Zekai gradually stopped laughing and his expression became serious.

"Are you sure about this?"

"Alright, I'll sell it for eight billion!"

He hung up the phone.

A meaningful smile appeared on Li Zekai's face.

"Hoho, this is going to be interesting!"

At the same time, people all over the world received a call.

This time, they didn't sell it directly, but worked together to set up a trap. Li Zekai wasn't qualified to set up a trap yet.

Surprisingly, most of these capitalists agreed.

They were different from investment banks. Investment banks invested in the Internet because of its potential, stable income, and the right to speak in the market.

And their capital was only for profit.

Gradually, some people began to sniff out a trace of it.

This was going to be an aerial dragon!

The concept of short-selling was very simple. It was to predict that a certain stock would fall in the future, borrow money to buy the stock, then sell it at a high price to suppress the stock price, and then buy it at a low price to earn the difference in the middle.

However, this was a normal operation. It was much more complicated at this moment.

However, the capitalists were also getting excited.

It might not be impossible for him to take a bite of the Soaring Dragon's meat!

Capital was like this. When they smelled blood, they would flock together.

In the Hong Kong stock exchange, the news of Teng Long had already been released.

Someone was short-selling the Soaring Dragon. Of course, they would not have thought that someone was really short-selling it.

Moreover, the mainland government had already made an announcement that there were no policies targeting the game industry in the near future.

The stockholders calmed down.

Some green light began to appear again.

However, the green light only lasted for a short while.

The blood-red pillar of light was like a slaughtering god, slaughtering the entire stock board.

Teng Long's stock price was still falling.

【111.8】

【111.6】

【110.5】

【109.7】

【107.2】

【105.3】

【100.4】

The Hong Kong stock exchange was already in a frenzy.

In just ten minutes, the transaction volume had reached 30 billion Hong Kong dollars.

30 billion Hong Kong dollars worth of Teng Long shares were sold.

Gradually, some people could no longer hold on.

Some of the shareholders 'faces began to turn pale.

"No way. Didn't they refute the rumors? Why is it still falling?"

"It's over, it's over."

Some of the people who thought they were smart were already stunned. They thought that it was just a temporary decline and that it was the impact of normal trading. Therefore, they used leverage to buy a few stocks of Tenglong, intending to make a profit.

But now that it had fallen to such a state, it had already exploded.

He had lost everything. He was really done for.

"Bang!"

A teapot from the Qianlong period slammed into the floor.

Zhang Zhidong stood up and said angrily,""It's falling, it's falling again. It's already falling by 10%.”

"I know." Li Tengfeng said coldly as he sat in the boss's chair.

"Do I still need to buy it? I've received some news that some of the capital has been sold off. The second young master of the Li family has also sold our shares.”"Hehe, that guy really hasn't had enough of the lesson from back then." Zhang Zhidong sneered.”

Li Tengfeng waved his hand and said," There's no need. This time, someone is targeting our Teng Long. If we don't find out who he is, it's useless to just buy it ourselves." We need to know why those small shareholders are willing to sell.”

Zhang Zhidong nodded and replied," Don't worry. I'm already investigating. There'll be news soon."”

This book comes from:m.funovel.com。

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