Chapter 562: Long and Short Fight

"Boss, you're ready to make a big move. Okay, you can leave these things to me, and I will definitely do it properly. ”

Xia Bing's connections in Xiangjiang are also very strong, but since Hu Yang has designated the bank, she just does it.

Afterwards, Xia Bing went back and simply cleaned up, and then took Liu Ying to Xiangjiang.

Two days later, Xia Bing, Liu Ying and Eddid Securities negotiated a securities lending plan.

At present, the share price of Mingji Holding Group is around HK$40. At a price of HK$40 per share, Walkers International Investment invested 100 million shares of Mingji Holding Group from Eddid Securities.

The margin is 10% of the total amount of securities borrowing, i.e. HK$400 million. Once the stock price of Mingji Holding Group reaches the warning line, Huijia International Investment must make a margin call, otherwise, the brokerage will force the liquidation.

The loan from the bank was also very smooth, and Shenhai Take-off guaranteed Huijia International Investment, and Sumitomo Mitsui Banking Corporation Xiangjiang Branch gave Huijia International Investment a quota of 5 billion Hong Kong dollars.

Xia Bing called and discussed with Hu Yang, and decided to take out an initial loan of 1 billion Hong Kong dollars, and then look at it according to the follow-up situation. Anyway, the bank's loan amount has been given, and the funds within 5 billion Hong Kong dollars can be received at any time.

HK$1 billion was quickly transferred to the securities account of Huijia International Investment, and a margin of HK$400 million was paid to the securities company, and Eddid Securities delivered 100 million shares of Mingji Holding Group to Huijia International Investment.

"Boss, in the past two days, the stock price of Mingji Holding Group has rebounded slightly. Its stock price has reached around HK$43, and I think I can make a move. ”

After the delivery of the integrated shares, Yu Hongbo kept an eye on the trend of Mingji Holding Group's stocks. After a small rally, he suggested that Populus euphratica could be sold.

"Okay, Lao Yu, let's act now. Don't hesitate to sell them all in one go. ”

As Hu Yang gave the order, Yu Hongbo and his team members began to sell the shares of Mingji Holding Group continuously.

The stock price, which was still in the midst of a rebound, suddenly turned down without warning.

After Yu Hongbo's team sold 50 million shares of Mingji Holding Group, its share price fell back to around HK$40.

Hong kong.

Zeng Ruhai's office.

The company's vice president was opening a laptop to let Zeng Ruhai see the company's stock trend.

"Zeng Dong, this is someone who is selling a lot of the company's stock. If this downward trend is formed, we will not have the strength to return to the sky. At this time, it's still too late for Toshi, are we going to make a move?"

If the company's stock price collapses, the Zeng family's wealth will shrink by more than half.

At present, Wesley (South China) is going through a difficult period, and Zeng Ruhai also wants to raise some funds through equity pledge to support it.

Now that he is selling the market, Zeng Ruhai's funds will be very tight.

"Mr. Zhang, who do you think is shorting our stocks? Is it possible that Hu Yang's Huijia system?"

Zeng Ruhai pondered for a long time, and it was difficult to make up his mind.

Some time ago, he was still having a good time, so he set a trap for Populus in the securities market.

However, although the poplar guy was young, he was as cunning as an old fox, and he didn't take the bait. Now, presumably he won't turn his attention to the stock market, right?

"Zeng Dong, it is still difficult to determine which funds are shorting us. However, if we don't take action, I am afraid that it will cause panic in the market. After all, our investment in Wesley (South China) is losing money day by day. ”

Wesley has issued an internal performance warning, and it is expected that in the second quarter, the company's performance may achieve zero growth, or even a slight loss.

In this case, it will inevitably affect the stock price trend of Mingji Holding Group.

At present, there are still a lot of equity mortgaged by Mingji Holding Group to banks (used as loans), and if the company's stock price falls sharply, Mingji Holding Group's capital chain is likely to break.

However, if Zeng Ruhai makes a move now, it will inevitably increase the pressure on the capital side. If you win, it's okay to say, but if you lose, the Zeng family will fall into a place of no return.

This is a dilemma, Zeng Ruhai did not dare to make a rash decision.

"Mr. Zhang, let's watch it for two more days. I'm trying to find a way to raise some money and get ready for the city. ”

Zeng Ruhai finally didn't dare to let the stock price fall, and he began to raise funds everywhere.

However, after a few days, Zeng Ruhai ran into walls everywhere.

Financial institutions, which used to provide him with financial support at any time, have now become very conservative. They didn't say they wouldn't give loans, but they had to be collateral.

Zeng Ruhai had no choice, gritted his teeth, mortgaged the shares of Taipower in his hand, and borrowed a huge amount of money from the bank, which was 2.5 billion Hong Kong dollars.

At this time, the share price of Mingji Holding Group has fallen to 36 Hong Kong dollars.

Deep.

Yu Hongbo's team has sold 60 million shares of Mingji Holding Group.

But after reaching this price, the share price of Mingji Holding Group suddenly had a strong rebound, and soon the stock price returned to around 39 Hong Kong dollars.

"Boss, if I'm not mistaken, it must have been Zeng Ruhai. This wave of rebound is obviously driven by big money, and it is menacing. ”

Yu Hongbo could feel that the other party's strength was extraordinary, and the stock price stabilized as soon as he made a move.

"Old Yu, isn't there much short-selling capital in the current market?"

If you want to form an irreversible decline, it is certainly not enough to rely on the 100 million shares in the hands of Hu Yang.

This requires the market to form a unified understanding, that is, most people are bearish on the future market of Mingji Holding Group.

"There really isn't much money to follow the trend and short, and most people are waiting and seeing. After all, Wesley is still resisting, and many people are not sure whether Wesley (South China) will be able to regenerate the salted fish at the end of the year. ”

Yu Hongbo sighed helplessly, it seems that the market is divided in the stock price trend of Mingji Holding Group.

The funds represented by Populus euphratica are shorting, and Zeng Ruhai's funds are also buying in large quantities.

Therefore, the share price of Mingji Holding Group, around 40 Hong Kong dollars, formed a temporary equilibrium.

"Old Yu, let's do this, you guys stop for a while. I may have other ways to drain the other party's funds, you wait for my news. ”

On Hu Yang's side, there are only 40 million shares of Mingji Holding Group left. If all the short sales are carried out in normal times, it will still cause considerable damage to the stock price of Mingji Holding Group.

But now, due to Zeng Ruhai's full support for the market, even if 40 million shares are completely shorted, it is estimated that it will not have much effect.

For Hu Yang, shorting Mingji Holding Group this time is not a simple shorting behavior. His powerful weapon is outside the stock market.