Coupled with the crazy closing of retail investors, the market value of Wing Lung Insurance fell from HK$300 million to HK$150 million!

The total share capital is 100 million shares, and the share price is set at 1.5 yuan per share.

A retail investor exclaimed: "Oh my God, today the share price of Winglong Insurance fell from 20.00 yuan per share to 1.5 yuan per share, and its market value shrank by HK$1.85 billion."

A retail investor: "Damn, I know this, I should short it."

"Short 200,000 shares will make a lot of money," a retail investor said with some regret.

Guanxi was very happy to see the stock price of Yonglong Insurance Company plummeting so much. Chen Tianqing planned to acquire Yonglong Insurance, so he thought, but he was not in a hurry to call Wu Zhankun and ask Chen Tianqing to call first.

At this moment, in the chairman's office, Wu Zhankun leaned against the boss's chair, staring at the chandelier with his eyes blank, his eyes dull.

Today, the stock price of Yonglong Insurance has avalanche, with a market value of 150 million.

And today, China Resources Beer, China Resources Gas, China Resources Cement, Sinopec... these stocks are all falling.

The losses of Yonglong Insurance are immeasurable.

Yonglong Insurance actually lost 2.5 billion yuan. With the recently shrinking assets, the assets they hold are still 3 billion yuan, the liabilities are 3.2 billion yuan, and the net assets have become negative, negative 200 million yuan.

The liquid cash of Winglong Insurance Company has dried up.

Moreover, assets may shrink further, and this time, Winglong Insurance is over.

Not only was Yonglong Insurance Company finished, but he also suffered extremely heavy losses and his career was in a mess.

At this time, his phone rang. It was Chen Tianqing who called, saying that he wanted Asia Financial Holdings to acquire Yonglong Insurance.

"Merger and acquisition?" Wu Zhankun's face was a little heavy. He operated this Yonglong Insurance by himself. Before the mainland China Merchants Bank acquired the Yonglong Bank Association, he begged his father to spend HK$800 million to buy 40% of the shares of Yonglong Insurance from the Yonglong Bank of China Merchants Bank.

Now that Asia Financial Holdings Company has acquired it, he really doesn't want to.

On the phone, Chen Tianqing said again: "Zhankun, Yonglong Insurance is over this time. You can take it off sooner. The market value will definitely fall below 100 million tomorrow. It will probably be even lower in the future. I will give you a 100 million M&A price now, which is already good, otherwise it will be a 50 million purchase price, or even lower."

Tomorrow, Chen Tianqing plans to continue selling Yonglong Insurance's stock, which will make Yonglong Insurance's stock price even lower!

Today, he just spent 5 million shares at the opening. Others selling stocks were retail investors or other financial institutions.

"I'll think about it." Wu Zhanhai's face was extremely complicated, uncomfortable, extremely uncomfortable!

Is Winglong Insurance a done deal like this?

He hates it!

This Indy Mac Bond Management Company and Indy Mac Bank simply killed him!

Chen Tianqing is still putting trouble in the wrong.

His cousin Wu Zhanhai is not in a good condition, and everyone is in a miserable state.

I didn’t dare to ask my family for money. His father bought 40% of the shares of Yonglong Insurance in order to spend 800 million!

Now Yonglong Insurance has a market value of 150 million yuan, and 40% is worth 60 million yuan.

There are 60 million left for 800 million. When he goes back, his dad will probably break his leg.

Soon the phone rang again, and it was Wang Guanxi who called. After thinking about it, he still answered it.
Chapter completed!