Chapter 24: The Giant Bait

Those small shareholders who intervened in 00601 were also frightened by the big sell orders, and they closed the orders one after another, and the stock price fell all the way to 4.52. At two o'clock, the big sell order was cancelled, Zhang Kaiming personally sat down, carefully pulled the stock price away from 4.65, at half past two, a big sell order, directly engulfed all the buy orders, and hit the stock price to the limit price of 4.19, but did not put out any big sell orders at the limit price, and the stock price was quickly raised to 4.35 for the shareholders who grabbed the rebound.

Fortunately, Zhang Kaiming was cautious and swallowed up 5 million funds for this big sell order, but Liantou sold at least 30,000 lots of stocks.

Zhang Kaiming looked at Zhang Tao: "Is the surname Lin crazy?" ”

Zhang Tao was surprised, the two big sell orders of Liantou shocked all people, not only the traders in this villa, but all the shareholders who paid attention to 00601 are now voting for the rat bogey, except for those who grabbed the rebound, everyone is watching the 00601 disk, resulting in a situation where both of them cannot ship. At the end of the day, Liantou once again put out a big sell order, and the stock price that rebounded suddenly hit the fall limit, and the result closed at a price of 4.29.

Everyone in the hall looked at each other, and Liantou's unconventional methods pushed down the stock price by 8% at once, and the only impression was that Liantou's traders were crazy, although Liantou sold nearly 10 million shares, but compared to their 143 million shares, it was only a drop in the bucket. Lijing lost 130 million yuan, but the loss of Liantou was also more than 50 million.

Zhang Tao glanced at Zhang Kaiming: "Do you want to contact Liantou?" If they do this nonsense, they will only lose both. ”

Zhang Kaiming pursed his lips and stared at the LCD screen: "Let's see the situation." ”

The next day, Thursday, Jinghai Construction stopped trading for half an hour, and at the request of the China Securities Regulatory Commission, it issued an explanation announcement on the abnormal stock price. When 00601 rebounded to 4.45 yuan at the opening, the big sell order for Liantou was directly submerged to 4.00, and the position of sell one was hung out with 20,000 large sell orders, which were pressed to the close in the afternoon. Lijing consumes 20 million funds, which has no effect on the stock price, as if as long as the buy order comes out, it will be swallowed up by the big sell order of Liantou. The wait-and-see mood of small shareholders is stronger, so the shareholders who grabbed the rebound were also frightened by the strange methods of the dealers, and they cut their meat to come out of the market, and they did not dare to enter the market easily.

On the third day, Friday, 00601 fell from the open, and although there was no adverse news, the stock price fell all the way to 3.76, a drop of 6%. On the same day, because of the strange trend of 00601's stock price, the major media realized that Jinghai Construction might break the shocking inside story, and they flocked to Jinghai one after another. 00601 transaction ranking, Galaxy Securities Jinghai Business Department ranked first, three days, the trading volume was 233203 hands, of which 230208 hands were sold, the average transaction price was 4.32 yuan, and the turnover was close to 100 million.

The trading seat of Liantou is in the Jinghai business department of Galaxy Securities, and when the major media rushed to Jinghai, they knew that Liantou was throwing out a large number of 00601, and the China Securities Regulatory Commission also questioned Liantou about the abnormal movement of 00601. Liantou officially issued a statement to the media and the China Securities Regulatory Commission to reduce its holdings of 00601, giving a reason that is not a reason: to raise funds for new projects.

In three days, the market value of the stocks in the hands of Liantou shrank by more than 100 million, and the market value of the circulating stocks in the hands of Lijing lost more than 300 million.

In addition to Shan Yuan, Lin Quan only told a limited number of people the real reason, and it was precisely because of Liantou's abnormal behavior that Liantou-related companies fell into deep confusion. Zhao Jing was the first to run to the eighth floor, pressed Lin Quan's forehead with his hand, and said in surprise: "No fever?" ”

Lin Quan's mobile phone also exploded to people who knew the number, Lin Quan Suo threw the mobile phone to Fang Nan and asked her to answer in official wording, Lin Quan sat on the Taishi chair and closed his eyes to recuperate, just ignoring Zhao Jing and others to force a confession.

Fang Nan knocked on the glass and held up his mobile phone in the office outside, signaling that there was a call that he needed to answer in person.

"Who?" Lin Quan pushed open the door of the conference room and asked Fang Nan.

"Zhang Tao, I don't know how he knew this number?"

I haven't been in touch with Zhang Tao for more than a year, Lin Quan may have thought that there was no need to contact him anymore, Lin Quan hesitated for a while, but still took the phone: "I'm Lin Quan." ”

"I'm in the reception hall downstairs, so I can see you?"

"Okay, I'll go down right away." Lin Quan pressed the phone, took the elevator down to the reception hall on the first floor, the reception hall was a little narrow, the front was the Nangang Hotel, Zhang Tao and Tian Li were sitting in the sofa, Zhang Tao was haggard and tired, Tian Li looked resentful, and saw Lin Quan wearing a casual short-sleeved shirt down, standing up straight, and looking at him indifferently: "Why do you want to lose both, Liantou has money, can you control everything?" ”

"It's not Liantou who wants to indulge in everything." Lin Quan sat down, said calmly, took out a cigarette, but found that he didn't have a lighter, and asked the doorman to bring a box of matches with his head high.

"There is no ventilation in advance, it is Lijing's fault, but there is no need to lose both, in three days, Lijing lost 300 million, and I think the loss of Liantou is also 100 million." Zhang Tao's voice was a little hoarse.

"Almost 100 million."

"Can we reconcile, now that there is a lot of noise in the stock market, can Liantou cancel the statement of reducing its holdings?"

"You're here on behalf of Zhang Kaiming?"

"Chen Yu owns 35% of Jinghaijian's shares."

"Oh?" Lin Quan was now able to face the name calmly, "So what? Liantou reduced its holdings, as stated in the statement, to raise funds for new projects. With only 12% of the shares left in the hands of Liantou, Lijing is worried that the stock price will fall, so it can buy the shares in the hands of Liantou at the current price, or maybe when the stock price falls to a certain stage, Lijing will absorb chips from the secondary market. Lijing has been reorganizing Jinghai Construction for nearly a year, and it has turned losses into profits for two consecutive quarters, so it has no confidence in maintaining a stock price of 3.76 yuan? ”

"This confidence is naturally there, Jinghai Construction does have such a performance to maintain the stock price above 3.76. Liantou does not play cards indiscriminately, from 4.76 to 3.76 slowly, I think the two stocks can be clean in two or three months, but Liantou will press the stock price to 3.76 within three days, and then both sides can not ship in large quantities, how can Liantou further raise funds? ”

Lin Quan saw that Zhang Tao didn't know the details, so he pouted and smiled: "My employees are on vacation these days, and I am bored in the office alone to sell stocks and play, where do you know your so-called tricks, I just want to sell the stocks as soon as possible......"

"You ......" Tian Li was angry and anxious, pointing at Lin Quan's nose, but she couldn't speak. Zhang Tao and Tian Li knew from Chen Yu that Lin Quan founded Liantou four years ago, but how much of the funds controlled by Liantou belonged to Lin Quan personally, Zhang Tao, Tian Li, and even Chen Yu did not know, they always thought that the United States would absorb a large amount of free funds in the process of growth, and the scale would be so huge.

"Even if the stock price falls to 2 yuan or 1 yuan, the decision of Liantou to continue to reduce its holdings of 00601 will not be changed, and the CSRC's actions on Liantou are undoubtedly meaningful.

"How much does the joint investment plan to reduce its holdings?"

"Reduce holdings by 6-8%."

In this way, Lijing will have to come up with 200 million funds to maintain the current stock price. If the stock price falls, the market value of the tradable shares in Lijing's hands will continue to shrink, needless to say, I am afraid that I will not want to sell smoothly in the next two years, but Lijing has no rich funds in her hands. This time, large-scale shipments are planned to raise funds for development.

Now that the housing market is booming, the three major commercial residential developers in Nangang New Town announced in early June that they would maintain a six-month unchanged price increase of 5%, resulting in the average price of properties in Jinghai City rising by 5% at the same time. With the maturity of Nangang New Town, the price reduction policy of Nangang New Town will have a more and more far-reaching impact on the housing market in Jinghai City. If we want to get rid of the influence of Nangang New Town, we must follow the development model of Nangang New Town, and Lijing is ready to develop a 3,000-acre Lijing Century City south of the Jingtong Canal.

The two projects and 1,000 acres of reserve land in the early stage of Lijing are all in the Jingtong canal, which is deeply affected by the price reduction policy of Nangang New Town, and the geographical location is comparable to Nangang New Town, but the living and educational environment is far from being compared with Nangang New Town, and Nangang New Town will control the average price of housing at 3300. The average price of the two pre-sold properties in the hands of Lijing can only be opened at 2,800, and the sales rate can not be compared with Nangang New Town, let alone the new administrative center in the north, so Lijing has to raise a lot of funds to prepare for the construction of Lijing Century City, which covers an area of two square kilometers.

The original two projects of Lijing Real Estate and the reserve land of four to five hundred acres were integrated into Jinghai Construction as a repayment of the occupation and mortgage. The reason why Lijing wants to set up funds is that he does not want to see 13% of the shares in the hands of Liantou to reap the profits of the fisherman, as long as he sets out more than 100 million funds, he can set up another development company and work alone for the development project of Lijing Century City.

In this case, Lijing will not be able to ship more than one billion funds and force the liquidation, but as Lin Quan said, the stock price will quickly slide into the bottom of the one-yuan price again.

Zhang Tao saw Lin Quan's resolute attitude, and he couldn't say anything. In fact, in his heart, he thought that Lijing Century City would be developed by Jinghai Jianzong, which could save a lot of trouble. At the beginning, it was afraid that Liantou would make a profit from it, so it was so complicated, but now that Liantou has made it clear that it will continue to reduce its holdings, Zhang Tao feels that it is necessary to persuade Zhang Kaiming and Chen Mingxing to develop Lijing Century City by Jinghai Jianzong.

How did Zhang Tao know that Chen Mingxing and Zhang Tao still had a sinister plan?

Lin Quan naturally wouldn't make this matter clear to Zhang Tao, and Lijing's large-scale action in the southeast plot of land was expected by Lin Quan. In order to squeeze out potential opponents, Chen Mingxing and Zhang Quan deliberately packed more than 2,500 acres of more than a dozen plots scattered in the plan into four lots for auction. Chen Minghang considered that Jinghai City had the strength to compete with Lijing for these lots, but none of these three developers could draw huge sums of money from Nangang New Town to compete with them.

Geng Yimin and Lin Quan knew that if they wanted to completely defeat Lijing, they had to let them swallow the bait that they couldn't spit out, and they naturally turned a blind eye to Zhang Quan and Chen Mingxing's hands and feet playing on this, and just sent people to make a stalk in secret, raise the land price, and increase the land cost of Lijing.

(To be continued)