There was a sound of pushing the door open, and the two women in the office raised their heads at the same time.
Chen Xi stood in front of the whiteboard, still holding a marker in his hand. The whiteboard was filled with stock price charts and Fund Flow arrows.
Su Wantang poked his head out of the tea room, holding freshly brewed coffee in his hand. The moment he saw Zhao Chen, he was obviously relieved.
"Zhao Zong." Chen Xi put down the marker, "You are finally back."
Zhao Chen walked behind the desk and did not sit down. He just put his hands on the table and glanced at the three of them.
"Tell me, what's going on now."
Chen Xi picked up Remote Control, and the big screen on the wall lit up, showing Time-sharing Chart with the stock price of Henglong.
"It closed at 5.95 in the morning, the lowest of the day at 5.88, and the amplitude was close to 11.5%."
She pointed to several key nodes with Laser Pointer,
"The wave of selling after ten o'clock was the most violent, with 10 million shares traded within three minutes. It was obviously a premeditated concentrated selling."
Zhao Chen stared at the downward sloping curve and said nothing.
"One more thing."
Chen Xi paused and lowered his voice a little, "Lin Wanqing's Trust Account, there is another move this morning."
Zhao Chen raised his head.
"She transferred 30 million Hong Kong Dollar from Trust Account early this morning,"
Chen Xi calls up another set of data,
"I took an offshore channel and ended up entering an account of Cayman Islands."
She looked at Zhao Chen:
"That account is indirectly related to one of the institutions of Short Selling today."
The office was quiet for two seconds.
Zhao Chen's brows wrinkled slightly.
"Her?" There was a hint of surprise in his voice, "She has too much time to take care of herself, so she still has the thoughts to get involved in this?"
Zhang Qingxue answered:
"She has now been dismissed from office. The worse the stock price of Henglong falls, the more it proves that the market has retained her.
This is actually a plus for her personal image."
"And," Chen Xi added,
"If she can make a fortune in this wave of Short Selling, it will just make up for the hole in her cash flow."
Zhao Chen was silent for a few seconds.
He remembered the look in Lin Wanqing's eyes when he looked at him in court today - hate, pure and pure hate.
It turns out she doesn't just hate.
She's still taking action.
"Okay." Zhao Chen recovered his thoughts, "Ignore her for now. Tell me your plan."
Chen Xi turned around and wrote a few keywords on the whiteboard:
Buybacks, shareholder increases, purchases with unrelated accounts, and executive increases.
"Company buybacks are the most popular means of supporting the market."
She drew a circle on "repurchase" with a marker,
"But we just completed Rights Issue, and the money we raised has not yet warmed up, so we turned around and repurchased the shares - what will the market think?
You will think that we Rights Issue are just trying to make money and support the market. This account cannot be justified."
Zhang Qingxue nodded:
"Moreover, the buyback requires Board of Directors resolution and announcement, and the process is too slow. By the time the process is completed, the stock price has already fallen to no one knows where."
Chen Xi then drew a circle on "irrelevant accounts":
"Then you can only use an unrelated account to buy quietly at Secondary Market.
If the supervision cannot find the source of funds, it will not be linked to Henglong."
She paused and looked at Zhao Chen:
"Zhao Zong, you understand what I mean."
Zhao Chen Of course I understand.
Use shell companies, use agency accounts, and use various complex Equity Structure--
Secretly buy your own stocks at Secondary Market to support the stock price.
Zhao Jianguo did this in the beginning.
This is what many Listed Company bosses do in private.
But once found out--
"No."
Zhao Chen Before he could speak, Zhang Qingxue was already shaking his head, "This road is definitely not possible."
She looked at Chen Xi with a rare serious tone:
"Once Securities Regulatory Commission identifies it as 'market manipulation' or 'insider trading,' the fine will be light, and in serious cases, criminal liability will be pursued.
And this kind of thing is the easiest to leave a tail - one day Lin Wanqing or someone else gets the evidence, this is a mine that can be detonated at any time."
She paused and looked at Zhao Chen:
"Xiao Chen, I know that Short Selling Henglong was also a gray operation. But it was to take back the company, and it was done out of necessity.
It's different now. Now you are the master of Henglong, and every move you make is under the eyes of the supervisor. You can't go this way."
Chen Xi was silent for a few seconds, then nodded:
"Aunt Zhang is right. I was just... too impatient."
She took a deep breath and drew a circle on the remaining options on the whiteboard:
"That leaves only the last one - shareholders or executives increasing their holdings."
She looked at Zhao Chen:
"But at this time, you can't move by yourself."
Zhao Chen understands what she means.
He and Share Transfer Agreement of Zhao Jianguo are going through the procedures, Special Shareholders Meeting has not yet held a meeting, and Whitewash Waiver has not yet voted.
If he massively increases his holdings at this time, it is very likely that he will be Regulatory Inquiry ed, thus adding unnecessary variables to the equity transaction.
"So," Chen Xi said, "We can only let Wantang and Ms. Shen come forward."
Su Wantang walked out of the tea room and put a cup of coffee in Zhao Chen's hand.
"I have no problem," she said, "What do I need to do?"
Zhao Chen looked at Chen Xi.
"To stabilize the 6 yuan mark, at least 20 million shares are needed."
Chen Xi Quick estimate,
"Based on the current price of 5.9, it's almost 120 million Hong Kong Dollar. This money must be transferred to your account as soon as possible."
Zhao Chen was about to nod when Zhang Qingxue suddenly spoke:
"Xiao Chen, you have to explain clearly where the money comes from."
She pushed up her glasses, her eyes were professional and calm: