Reborn: Shorting My Father's Company to Become the Richest Man
Chapter 139

$117.2 Million

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Chen Xi breathed a long sigh of relief and leaned back on the chair. The intense concentration for more than ten consecutive hours made her temples ache, but her eyes were still sharp.

"Zhao Zong, the 30,000-piece selling plan has been completed. The average transaction price is 2486 US Dollar."

She pulls up the full transaction report:

"Including the 20,000 pieces sold previously (average price 2150 US Dollar), the total average transaction price of our 50,000-piece cash-out plan is 2344 US Dollar. The total withdrawn funds are approximately 117.2 million US Dollar."

The two girls Su Wantang and Zhang Qingxue on the side were shocked. It didn't take long for them to get 1.172 US Dollar.

Zhao Chen patted her shoulder. "Well done."

This is not a polite word.

In such a violent rising market, being able to strictly follow the predetermined plan and not be swayed by greed requires not only discipline, but also a deep understanding of the nature of the market.

"When are all the funds expected to be received?" Zhao Chen asked.

"Cross-border clearing takes time and will arrive at the designated account Henglong Group before 9 a. m. on the 26th at the latest."

Zhao Chen nodded slightly:

"The time is just right. The 26th is the payment deadline for Rights Issue, and the fund distribution will be completed as soon as it arrives."

"Understood."

Chen Xi continues to report,

"According to calculations, after converting 117.2 million US Dollar into Hong Kong Dollar, it will be approximately 908 million Hong Kong Dollar. After completing the Rights Issue fund arrangement, the account still has a small surplus."

She transferred the fund allocation Contingency Plan:

"Your personal subscription number is 100 million shares, 6.2 Hong Kong Dollar per share, and a total of 620 million Hong Kong Dollar is required.

Wantang needs to subscribe for 8 million shares, and a total of 49.6 million Hong Kong Dollar is needed.

Zhiyi subscribed for 28 million shares, requiring a total of 173.6 million Hong Kong Dollar.

Rights Issue The total funding requirements are 843.2 million Hong Kong Dollar."

"After completing the above allocation, the account will have 60 million Hong Kong Dollar remaining."

Chen Xi then calls up the pledge record,

"We need to release the US Stocks pledge - at the beginning of the month, in order to raise funds for the acquisition of Rights Issue, we pledged US Stocks and obtained 40 million Hong Kong Dollar in financing, but only 35.7 million Hong Kong Dollar were actually used to acquire 60 million shares of Rights Issue."

She calculated accurately. "According to the agreement, we only need to return the actual used principal of 35.7 million Hong Kong Dollar and the corresponding interest of approximately 550,000 Hong Kong Dollar, totaling 36.25 million Hong Kong Dollar, in order to release the pledge and redeem all the stocks."

Zhao Chen Seize the key immediately:

"Using the remaining 40 million Hong Kong Dollar in the account, it is more than enough to pay the 36.25 million Hong Kong Dollar as the deposit. But the operation will have to wait until the funds arrive on the 26th."

"Yes."

Chen Xi nodded,

"After the funds arrive on the morning of the 26th, we can complete three things simultaneously:

First, allocate Rights Issue funds and complete the payment;

Second, transfer 173.6 million Hong Kong Dollar to the account of Zhiyi;

Third, pay 21.55 million Hong Kong Dollar to release US Stocks."

"The speed must be fast." Zhao Chen emphasized,

"All operations must be completed before 10 a. m. on the 26th.

Especially the part about Shen Zhiyi - after the funds arrived, I personally taught her how to operate."

May 26, Friday.

8:47 am, Shan City, Henglong Finance Director office.

Chen Xi stared closely at the capital account, with the status of cross-border remittance displayed on the screen.

The atmosphere inside Trading Room was tense, and several temporarily invited operators were already in place, preparing to execute a series of complex fund transfers.

Zhao Chen is sitting in Chairman's Office, with three computers in front of him: one displays the fund status, one displays the real-time market price of Rights Issue, and one displays the stock price trend of Henglong.

Su Wantang sat quietly on the sofa next to him, holding the documents that needed to be signed today in his hands.

"Are you nervous?" Zhao Chen suddenly asked.

Su Wantang raised his head and smiled slightly:

"As long as you are here, I won't be nervous."

At 8:50 a. m., the first payment prompt sounded.

Immediately afterwards, the second and third transactions... By 9:05, all 908 million Hong Kong Dollar had been received.

"Execute!" Zhao Chen ordered.

In the Finance Director office not far away, the operators began to operate quickly.

Funds began to flow like precise gears:

9:07, 620 million Hong Kong Dollar is transferred to Zhao Chen personal Rights Issue Account;

9:09,49.6 million Hong Kong Dollar was transferred to Su Wantang Rights Issue Account;

At 9:12, two payments of Rights Issue were automatically paid to Henglong Group Collection Account, and the system confirmed that the payment was successful.

9:15, 173.6 million Hong Kong Dollar began to transfer money to the personal account of Shen Zhiyi.

Personal transfers require more verification and are expected to take 15-20 minutes.

Zhao Chen picked up the phone and dialed the number Shen Zhiyi.

Shen Zhiyi is in class in the classroom, and his mobile phone has been set to silent.

Seeing the call from Zhao Chen, she quietly slipped out of the classroom through the back door.

"Zhao Chen?" She lowered her voice.

"In class?" Zhao Chen's voice came from the receiver, with a gentle smile.

"You may have to ask for leave. There is something important - the money transferred to you should be coming soon, 173.6 million Hong Kong Dollar."

Shen Zhiyi's breathing was stagnant. Although she had been prepared, when the moment actually came, she still felt dizzy.

"I... what do I need to do?" She tried to calm herself down.

"Listen to me, step by step."

The sound of Zhao Chen is smooth and clear,

"First of all, don't touch the money after it arrives in your account. After the opening of Hong Kong Stocks today, Rights Issue began to exercise the declaration.

Your task is to use these 173.6 million Hong Kong Dollar to buy 28 million shares of Common Stock at a price of 6.2 Hong Kong Dollar per share."

"But I..." Shen Zhiyi was a little flustered, "I have never operated..."

"Don't worry, I will talk to you on the phone. If you don't understand anything, just ask me."

Zhao Chen patiently guides.

Shen Zhiyi was operating in a hurry and found the transaction interface where he last purchased Rights Issue: "Look, I saw it!"

"Okay. In "My", find "Rights Issue". Then find "Rights Issue Exercise"."

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