December 4th, 8 a. m., Henglong Building 28th floor.
The city outside the window has just woken up, and the morning light shines in through Floor-to-Ceiling Window, illuminating the entire office warmly and brightly.
But the coffee in front of Zhao Chen has gone cold.
Chen Xi opened the door and came in, holding a mobile phone in his hand. The expression on his face could not tell whether he was excited or nervous:
"Zhao Zong, the brokerage is going crazy."
Zhao Chen leans on the back of the chair:
"How to say?"
Chen Xi sat down opposite him:
"After the news of Lu Shen's arrest spread, all his Short Position pledgers exploded.
Just now, several people in charge from Morgan Stanley, Goldman Sachs, and China International Capital Corporation took turns calling me, and they all meant the same thing - they wanted to solve the problem before the market opened."
She paused:
"They hope to close their positions at a price of 30 Hong Kong Dollar per share."
Zhao Chen took a sip of coffee and said nothing.
Chen Xi continued:
"They also proposed a plan - if it is too late to discuss, they hope that Henglong will apply for a one-day trading suspension to give everyone some time."
Zhao Chen Put down the coffee cup:
"Suspension?"
Chen Xi nodded:
"Yes. They said that if the current situation is not dealt with, the stock price may get out of control after the market opens. It will not be good for anyone."
Zhao Chen leaned on the back of the chair and looked out the window.
Out of control?
What he wants is to lose control.
"Did they tell you how the price of 30 yuan came about?" he asked.
Chen Xi said:
"Calculated based on Lu Shen's position cost. His average cost is more than 18 yuan, plus Jiahe's 20% equity pledge, based on the current market price, 30 yuan to close the position, no loss will be incurred by all parties."
She paused:
"They also specifically emphasized that although Lu Shen has entered, Jiahe's equity is still there.
The realization of this part of the assets is enough to cover his losses."
Zhao Chen nodded and said nothing.
Chen Xi looked at him:
"Zhao Zong, what should we do?"
Zhao Chen thought for a while:
"They looked for you, but not me?"
Chen Xi said:
"I found it. But you can't get through on the phone."
Zhao Chen smiled:
"Then it will continue to be unavailable."
Chen Xi was stunned for a moment:
"You mean..."
Zhao Chen said:
"Short Selling's long position is all market behavior. I am Controlling Shareholder, and it is not convenient for me to participate in this kind of thing."
He looked at Chen Xi:
"Tell them that I will not get involved in this matter. Let them find the person they should find."
Chen Xi's eyes slowly lit up:
"You mean...Shen Jue them?"
Zhao Chen nodded.
Chen Xi stood up:
"Understood. I'll go and send a message right away."
She walked to the door and looked back:
"Zhao Zong, what about the trading suspension?"
Zhao Chen shook his head:
"Never stop."
He looked at Chen Xi:
"Let the market resolve market matters."
The leaders of Morgan Stanley, Goldman Sachs, and China International Capital Corporation sat together early in the morning without taking a sip of the coffee in front of them.
"What does Zhao Chen say?" the person in charge of Morgan Stanley asked.
Chen Xi just hung up the phone, and the voice came from the speakerphone:
"Zhao Zong said that Short Selling's long position is market behavior. He is Controlling Shareholder and it is not convenient for him to participate in this kind of thing."
Meeting Room was quiet for two seconds.
The person in charge of Goldman Sachs frowned:
"Is this pushing us to the bulls?"
The person in charge of China International Capital Corporation smiled bitterly:
"He simply said, 'I don't care about this.'"
The person in charge of Morgan Stanley asked:
"What now?"
The person in charge of Goldman Sachs thought for a while:
"Look for Shen Jue. She is the core of this bullish wave.
She has 40 million shares in her hand, and together with those fund managers, she can control at least more than 70 million chips."
The person in charge of China International Capital Corporation nodded:
"Yes. If she agrees to close the position for 30 yuan, this can be done."
The person in charge of Morgan Stanley picked up the phone:
"I'll contact her right away."
Since the news came that Lu Shen was taken away, Shen Jue is in an especially good mood.
Shen Jue was drinking coffee when the phone rang.
She glanced at the caller ID and raised the corners of her mouth slightly:
"Hello?"
Morgan Stanley The voice of the person in charge came from the other end of the phone, a little too polite:
"Mr. Shen, excuse me. I have something to ask you for help."
Shen Jue leans on the sofa:
"Say."
The person in charge of Morgan Stanley said:
"Lu Shen's Short Position, you should know. We hope to close the position by agreement before the market opens, at a price of 30 yuan. Do you think it's okay?"
Shen Jue laughed:
"30 yuan?"
She paused:
"Yesterday's closing price exceeded 30 yuan. Today you want to close the position at 30 yuan? Do you think we are fools?"
The person in charge of Morgan Stanley said:
"Lu Shen can only cover so much loss after Jiahe's equity is liquidated.
Don't worry, we will compensate you when we cooperate in the future."
Shen Jue thought for a while:
"You don't need to draw a cake for me, I only care about what I can get now."
She stood up and walked to the window:
"Have you ever calculated how much it will cost if you want to close your position after the pledge between me and Zhao Zong is lifted?"
The person in charge of Morgan Stanley was silent.
Shen Jue said:
"So, don't mention the 30. Since you dare to borrow the coupons, you must bear the corresponding legal responsibility."
She paused:
"How high do you think Henglong's stock price will go after the market opens?"
The person in charge of Morgan Stanley still said nothing.
Shen Jue said:
"40? 50? Who can tell?"
She turned around:
"If you ask me to close my position for 30 yuan now, you are asking me to give up the profits later. Do you think I will agree?"
The person in charge of Morgan Stanley took a deep breath:
"Mr. Shen, please make a price."
Shen Jue said:
"50 yuan. We won't discuss anything less."
The person in charge of Morgan Stanley was silent for a few seconds:
"I can't make the decision on this. I need to discuss it with all parties."
Shen Jue said:
"We can discuss it, but hurry up. The market will open in ten minutes to the west."
The phone hangs up.
Shen Jue looked out the window, the smile on his lips getting deeper.
Zhao Chen, your hands are so beautiful.
If you don't show up, let me play the bad role.
Okay, I'll take this role.
After Shen Jue finished quoting the price, she gave Chen Xi some relief. She knew that how much meat she could get from the investment bank depended on Zhao Chen's cooperation.
Chen Xi opens the door and comes in:
"Zhao Zong, Shen Jue offered a price of 50 yuan."
Zhao Chen nodded:
"This woman is so cruel."
Chen Xi asked:
"Can the securities company agree?"
Zhao Chen thought for a while:
"They had no choice."
He stood up and walked to the window:
"Last time Short Squeeze, I let them off the hook. The exchange and regulators came forward, and I gave them face."
He paused:
"This time, do they have the nerve to beg me again?"
Su Wantang walked to him and gently held his hand:
"Then what do you think it will be in the end?"
Zhao Chen looked out the window:
"Between 40 and 50."
He paused:
"Shen Jue will relent, and the securities companies will give in. In the end, we will make a compromise, and everyone will have face."
Su Wantang asked:
"What about us? Isn't our work in vain?"
Zhao Chen smiled:
"We?"
He looked out the window at the brightening sky:
"Don't worry, it's our turn and we can't escape."
Brokerage here.
The person in charge of Morgan Stanley put down his phone and looked at the other two people:
"Shen Jue, although I can't get it, I will kill you for 45 yuan."
The person in charge of Goldman Sachs frowned:
"For 45 yuan, based on Lu Shen's position of 18 yuan, the realization of Jiahe's equity is not enough. We have to bear a loss of several hundred million."
The person in charge of China International Capital Corporation sighed:
"But she won't let go, what should we do?"
The person in charge of Morgan Stanley thought for a moment:
"Looking for other people? How many fund managers?"
The person in charge of Goldman Sachs shook his head:
"It's useless. They all listen to Shen Jue. If Shen Jue doesn't let go, they won't sell it."
Meeting Room fell into silence.
The clock reads fifteen minutes west of eight.
There are still fifteen minutes until the market opens.
The person in charge of Morgan Stanley gritted his teeth:
"Call Shen Jue again. Just say - 40 yuan. This is the bottom line, otherwise we will wait slowly. She knows whether Henglong is worth the price."
The phone rang again.
Shen Jue pick it up:
"Have we discussed it?"
Morgan Stanley The person in charge's voice was a little tight:
"Mr. Shen, 40 yuan. Believe me, this is the limit we can give."
Shen Jue was silent for a few seconds.
Then she laughed:
"Deal."
The person in charge of Morgan Stanley was stunned for a moment:
"You agreed?"
Shen Jue said:
"I agreed. But there is one condition."
Morgan Stanley person in charge asked:
"What conditions?"
Shen Jue put forward a condition that shocked the other party.
He thought of taking advantage of the situation and raising the price, but he didn't expect this.