It was 8:30 a. m. the next day.
Henglong Building 28 layer.
Zhao Chen just arrived at the office and before he could hang up his coat, Chen Xi knocked on the door and came in.
Her pace was faster than usual, the tablet in her hand was still lit, and she had an "as expected" expression on her face.
"Zhao Zong, the results of what you asked me to investigate last night have come to fruition."
Zhao Chen took the tablet and sat down on the sofa:
"Say it."
Chen Xi sat down opposite him and opened his notebook:
"On Lu Shen's side, I used three lines to cross-check from Morgan Stanley, Goldman Sachs and China International Capital Corporation, and basically figured out his current position."
She paused:
"Not only did he not close the position, he also used other accounts to continue Add Position."
Zhao Chen's brow moved slightly:
"How much did you add?"
Chen Xi said:
"Not much, mainly to spread the cost. For three new accounts, a total of about 2 million shares were added, and the cost was between 18.9 and 19.2."
She pulled up a form:
"Now his total position is 12 million shares, with an average cost of about 18.8. Based on yesterday's closing price, the floating loss has expanded to..."
She raised her head:
"About 20 million."
Zhao Chen leaned on the sofa and said nothing.
20 million.
For ordinary people, it is an astronomical figure, but for Lu Shen, although it will not break his muscles and bones, it is enough to make him uncomfortable.
But the thing is - this is just the beginning.
Chen Xi continued:
"And what's interesting is that he Add Position was particularly careful this time.
It is no longer the previous method of smashing the market with one hammer, but spreading it to three accounts, buying a small amount every day, trying to be more concealed."
She laughed:
"It's a pity that we keep a close eye on him. No matter how hard he hides, it's useless."
Zhao Chen looked at her:
"Why do you think he Add Position?"
Chen Xi thought for a while:
"Two reasons. First, to spread the cost.
Add Position can lower the average cost, making it easier to unwind when the stock price corrects."
"Second-" she paused, "He is unwilling to do so."
Zhao Chen nodded:
"Go on."
Chen Xi said:
"Lu Shen is a proud and arrogant person. He made some profits from his last sell-off, and thought he could copy it.
As a result, our stock price stabilized at around 20, and his knife missed the point, but instead trapped himself in it."
She looked at Zhao Chen:
"He's riding a tiger and it's hard to get off.
Let's close the position. If you lose more than 20 million, not only will you lose face, but you will also have to accept a real loss.
Keep carrying it, otherwise we will lose more if our stock price rises again.
So he can only spread the cost Add Position and bet that our stock price will fall."
Zhao Chen After listening, the corners of his mouth raised slightly:
"Bet we will fall."
He stood up and walked to the window:
"What if he loses the bet?"
Chen Xi's eyes lit up:
"You mean..."
Zhao Chen has no answer.
He just looked out the window, his eyes falling on the blue sky.
Lu Shen, the more Add Position you go, the deeper you sink.
When you add it to the point where you can no longer bear it, it's time to close the net.
"Keep staring." He said, "I want to know every move he makes."
Chen Xi nodded:
"Understood."
She stood up, walked to the door, and looked back:
"Zhao Zong, when do you think he will be unable to hold on?"
Zhao Chen thought for a while:
"When his own financial problems arise."
He looked out the window:
"Jiahe's investment projects all use project mortgage loans and use the proceeds to pay interest.
Once this closed loop has a flaw in a certain link, that's when he will die."
Chen Xi laughed:
"Then I'll wait and see."
She opened the door and left.
The office became quiet.
In the next few days, the stock price of Henglong was like a bird that had lost its direction, wandering back and forth between 19 and 20 yuan.
On October 10, the closing price was 19.8.
On October 11, the closing price was 19.5.
On October 12, the closing price was 19.2.
On October 13, the closing price was 19.6.
There is no direction, no trend, just endless fluctuations.
The position of Lu Shen has quietly expanded in the past few days.
Chen Xi appears at Zhao Chen's office on time at nine o'clock every day, holding the latest monitoring data in his hand.
On the afternoon of the 13th, Chen Xi made a summary:
"Zhao Zong, his current total position is about more than 25 million shares, and the average cost is about 19 yuan.
It fluctuates on the edge of profit and loss every day - it is still a floating profit in the morning, and it becomes a floating loss in the afternoon, like riding a roller coaster.
As of today's close, his floating loss is around 15 million."
She paused:
"I don't understand, what on earth does he want to do?
If he wants Short Selling, he has to suppress the stock price to make a profit, but his selling orders are very scattered.
If we hadn't kept a close eye, we wouldn't have noticed anyone was at Short Selling."
Zhao Chen said nothing.
He looked out the window, his eyes falling on the gray sky.
25 million shares.
The cost is 19 yuan.
It doesn't look like Short Selling, but it looks like it's building a position.
This picture reminded him of something.
It was November last year.
At that time, he was also like this, building positions bit by bit, making arrangements bit by bit, not caring about short-term fluctuations, and not even deliberately suppressing the stock price.
Why did he do that then?
He is waiting.
Wait for an opportunity.
Waiting for an opportunity to strike with a fatal blow.
"Zhao Zong?" Chen Xi's voice brought him back to reality.
Zhao Chen turned his head:
"What did you say?"
Chen Xi said:
"I said, what is he trying to do with this? Holding a position of 25 million shares and worrying about it every day, just to make a small profit?"
Zhao Chen shook his head:
"There is a high probability that he is not doing it for petty profit."
Chen Xi looked at him:
"Then what is he for?"
Zhao Chen was silent for a few seconds.
Then he spoke:
"Have you ever thought that his current operation is very similar to when I was Short Selling Henglong last year?"
Chen Xi was stunned for a moment.
Zhao Chen said:
"I was like that at that time, building positions bit by bit, not caring about stock price fluctuations, and not deliberately suppressing them."
He paused:
"Lu Shen may be waiting now."
Chen Xi's pupils shrank slightly:
"What are you waiting for?"
Zhao Chen shook his head:
"I don't know."
He stood up and walked to the window:
"But I know he's not gambling. He's planning."
Chen Xi looked at him, a chill suddenly surged in his heart.
She has followed Zhao Chen for so long, she has seen him killing and decisive in the shopping mall, she has seen him keep his word on Board of Directors, and she has seen him be terrifyingly calm at critical moments.
But she had never seen him like this.
That kind of uncertainty.
That kind of confusion that he couldn't even see through.
"Zhao Zong," she asked softly, "Then what should we do now?"
Zhao Chen was silent for a long time.
Then he spoke:
"Keep staring. I want to know every move he makes."
He turned around:
"Also, go find out who he has been in contact with recently.
Is there any new contact with Eaglet, or is there any new cooperation with other institutions?"
Chen Xi nodded:
"Understood."
She turned to leave, but Zhao Chen suddenly stopped her:
"Chen Xi."
Chen Xi Look back.
Zhao Chen looked at her, with something complicated in his eyes:
"Do you think he is also waiting for an opportunity like last December?"
Chen Xi was stunned for a moment.
She didn't know how to answer.
What happened last December?
Zhao Jianguo was taken away.
Could this happen to Zhao Chen again?
Zhao Chen didn't wait for her answer.
He just looked out the window and said softly:
"If so, that would be interesting."