3:59 pm, Henglong Building 28th floor.
Chen Xi's pupils suddenly contracted.
"They took action!"
Her voice almost shouted, "The short side withdrew the 6-yuan order and smashed it all!"
On the screen, the line that was lying across 5.94 just now fell like a kite with its string broken.
5.90.
5.85.
5.82.
In one minute, it dropped 0.14 Hong Kong Dollar.
Zhang Qingxue's hands clenched tightly.
Su Wantang stood up from the sofa.
Zhao Chen is still standing there, motionless.
"Zhao Zong!" Chen Xi turned to look at him, "There are still ten seconds left! Do we want--"
She didn't finish her sentence.
Because a line of words suddenly appeared on the screen.
5.79, 5 million shares were traded.
Chen Xi was stunned.
That order was not placed by her.
Immediately afterwards--
5.80, 9 million shares were traded.
5.82, 8 million shares were traded.
5.85, 2 million shares were traded.
Three orders, 24 million shares.
Of the 2,500 shares sold by the short side, apart from the 1 million shares traded previously, all the rest were eaten up, not even the dregs were left.
The stock price was like a rocket, rising from the first line of 5.79.
5.85.
5.90.
5.95.
The last ten seconds.
A large order of 5 million shares hit 6.00 for the first time.
4pm sharp.
Call Auction starts.
When the market officially closed at 4:10, the stock price reached 6.10.
6.10.
Chen Xi stared at that number, trembling all over.
Not afraid.
It's shocking.
That mysterious account, in the last ten seconds, ate up the 25 million shares that the short side had bought, and at the same time pushed the stock price back to 6 yuan.
A full 25 million shares.
Almost 150 million Hong Kong Dollar.
Ten seconds west.
Zhang Qingxue took off his glasses, wiped them with his sleeves, and put them on again, as if to make sure he saw correctly.
Su Wantang slowly sat back on the sofa and let out a long breath.
Zhao Chen is still standing there.
He looked at the number 6.10 on the screen, with something complicated in his eyes.
At 11:15pm, a certain securities firm Trading Room.
The fund manager slumped in his chair, his face pale.
The trader lowered his head and did not dare to speak.
On the screen, the number 6.10 was like an eye, staring at them coldly.
"Impossible..." the fund manager muttered,
"It's impossible for anyone to have so much money at this time..."
The trader whispered, "Boss, are we... going to liquidate our position?"
The fund manager did not answer.
He knows the answer.
The coupons they borrowed today were all eaten in the last ten seconds.
Sooner or later you have to buy and pay back the coupons.
But the price of the coupon may no longer be 6.10 by the time it is returned.
Probably 6.50.
At the extreme point, it may even be 7.1.
He sold a total of 70 million shares today
The fund manager closed his eyes.
70 million loss.
He closed his eyes and tapped his fingers on the table a few times.
Then he opened his eyes suddenly and grabbed his cell phone.
The first call is to the biggest donor.
"Wang Zong, something happened."
There was silence on the other end of the phone for two seconds.
"I know. I'm watching the tape."
"We need to keep borrowing bonds."
The fund manager's voice was very low, but every word was clear.
"You must borrow enough coupons today and continue to sell them when the market opens tomorrow. Otherwise--"
"Otherwise what?"
"Otherwise, when they react, we will really be Short Squeeze."
The fund manager said,
"Today that mysterious account took at least 40 million of our shares.
There are not many Circulating Supply left on the market now. If they try again tomorrow, our cost of replenishment will be too high to bear."
There was silence on the other end of the phone for a few seconds.
"How many are needed?"
"At least 30 million shares." The fund manager said, "The more, the better."
"Are you crazy?" Wang Zong's voice rose in pitch,
"We have lost so much today, do we still want to continue?"
"I can't do it if I don't continue." The fund manager gritted his teeth.
"Stop now, we are meat on the chopping board. Keep smashing, and there is still a chance to smash them through."
There was heavy breathing on the other end of the phone.
"... I'll ask the others."
Hang up.
The fund manager took a deep breath and dialed the second number.
The third one.
The west one.
The phone number of Lin Wanqing is the fifth one.
"Mr. Lin," his voice was hoarse, "Over there..."
"I know." Lin Wanqing's voice was cold, "One-third of the 100 million I invested has been lost."
The fund manager was silent.
"But I can vote again." Lin Wanqing said, "It's not because I believe in you, it's because--"
She paused:
"I hate him."
The phone hangs up.
The fund manager held his cell phone and was stunned for a few seconds.
Then he raised his head and looked at the trader:
"The funds are in place. Continue to borrow bonds."
The trader opened his mouth, wanting to say something, but in the end he just nodded.
He knew that from this moment on, they had no way out.
It's 30 minutes past west in the afternoon. Henglong Building 28th floor.
Chen Xi's finger hit the last Enter key on the keyboard.
"The announcement has been sent out," she said.
On the screen, Henglong Group official WeChat account has just refreshed a long announcement--
<Announcement on the increase in shareholdings of some shareholders and senior managers of the company>
"Our company Board of Directors is pleased to announce that based on confidence in the company's future development prospects and recognition of long-term investment value, the following directors and senior managers increased their holdings of the company's shares through Secondary Market today:
Ms. Shen Zhiyi (shareholder) increased her holdings by 10,000,000 shares
Ms. Su Wantang (Chairman's Special Assistant) increased her holdings by 10,000,000 shares
Ms. Zhang Qingxue (Director Legal Department) increased her holdings by 5,000,000 shares
Ms. Chen Xi (Assistant Chairman) increased her holdings by 5,000,000 shares
Mr. Chen Qiming (Finance Director) increased his holdings by 2,000,000 shares
Mr. Song Zhongping (Chief Operating Officer) increased his holdings by 2,000,000 shares
Mr. Liu Mingyu (Board Secretary) increased his holdings by 1,000,000 shares
The sources of funds for the above increase in holdings are all personal own funds and legal borrowings, and the relevant loan agreements have been signed and filed in accordance with the law.
After the shareholding increase is completed, the total shareholdings of the above shareholders and senior executives are as follows:
Mr. Zhao Chen (actual controller): 370,000,000 shares (including shares to be transferred under this agreement)
Ms. Su Wantang: 38,000,000 shares
Ms. Shen Zhiyi: 38,000,000 shares
Five executives total: 15,000,000 shares
The above holdings total 461,000,000 shares, accounting for 82.32% of the company's total share capital of 560 million shares.
The company also declares: There is no upper limit for the above-mentioned increase in holdings.
If the stock price falls irrationally, relevant shareholders and senior executives will continue to increase their holdings until the market returns to stability. This announcement is hereby made."
Chen Xi stared at the line "82.32%" on the screen and was stunned for a moment.
When she did the math just now, she didn't feel anything.
Now that I write it down, I realize how astonishing this number is.
82.32%.
From the less than 100 million shares left, after deducting some chips held by long-term institutions, the ones actually circulating in the market -
Maybe not even 50 million shares.