1686【Middle plan】
After Kang Hongbin left, Chen Yixin looked at the dark protesters downstairs with a serious expression.
These people were once firm supporters of Xia Tian. But now because of some rumors, they began to turn against Xia Tian. This is really sad.
"Botao, this is really heartbreaking." He couldn't help but sigh.
"Okay, don't be sad." Liang Botao advised, "Now things are basically ready. Bank of East Asia still has 4 billion cash deposits, so it should be able to last until after get off work.
Our listed companies have also been suspended and their stock prices will not be affected in any way. As long as we contact Mr. Xia tomorrow, all our problems will be solved."
"Yes." Chen Yixin nodded, "Botao, it's fortunate that you are, otherwise I really don't know what to do."
Without Liang Botao's advice, he would never have thought of the idea of suspending the trading.
"You're welcome. Mr. Xia is as kind as a mountain to me. How can I stand by if he has something to do?" Chen Yixin waved his hand and said, "Actually, Yixin, you have done a good job."
At the critical moment, he was not panicked and even issued a series of reasonable orders, such as ordering the bank to extend the time for handling business, allowing the Tianxia Group to deposit cash into the bank, calling the police to maintain order, etc. If it were someone else, he might not be as beautiful as he did when facing such emergencies.
"Don't praise me anymore. I just learned some basic knowledge from Brother Tian. If it were him, these things wouldn't have happened at all." Chen Yixin shook his head and said.
When Liang Botao heard what he said, he nodded in agreement.
If summer stayed in Hong Kong, these things would not have happened. Those people also knew this, so they carried out sneak attacks while they were away.
However, who these people are and who are driving behind the scenes is really confusing for a while, and it is hard to see clearly no matter how you look at it.
...
Just as the two were talking, the secretary hurried in.
"Mr. Chen, no, the Stock Exchange sent a fax saying that our suspension application was not in compliance with the regulations and that our listed company would resume trading." She said anxiously.
"What, how is it possible?" Chen Yixin said in shock when he heard this.
It is now full of public grievances. As long as the listed companies of the Tianxia Group dare to resume trading, they are afraid that the stock price will immediately collapse. At that time, someone will take the opportunity to absorb stocks at a low price and embezzle the assets of Tianxia Group.
At the same time, the plunge in stock prices will also cause the stocks mortgaged in summer to depreciate seriously. Once the cordon is reached, banks have the right to claim additional margin and pledges in summer.
Now Xia Tianren is not in Hong Kong at all, and he has no more assets to pledge. In this way, the bank will sell Xia Tian’s pledged stocks.
Banks sell pledged items. In order to facilitate cash out, they often sell at a lower price, and their assets will shrink significantly in the summer.
Moreover, when the assets sold are not enough to compensate the bank's loan, the summer will still be burdened with heavy debts. That is to say, the stocks he pledged are sold at a low price, and at the same time, he will continue to repay the loan. This is the tragedy of life!
"Yixin, call and ask immediately to see where it is not in compliance with the regulations. We must not let the company resume trading, otherwise everything will be over." Liang Botao quickly suggested.
Chen Yixin nodded and quickly called the Stock Exchange to inquire about this matter.
"Mr. Chen, we have received protests from many shareholders of Tianxia Group that the suspension application you submitted did not have the consent of the board of directors at all, so your application is incompatible with the regulations." The staff of the Stock Exchange explained to him.
"No need to hold a board of directors. Brother Tian owns more than half of the shares, so he can do things on behalf of the board of directors." Chen Yixin immediately retorted when he heard him say this.
"Where is Mr. Xia now?" the staff asked.
"He is still on a plane to the United States, but he asked me to take care of everything in the company." Chen Yixin said hurriedly again.
"Then do you have his official authorization? Can you vote on his behalf on his behalf on the company's board of directors?" the staff member asked again.
After hearing what he said, Chen Yixin was stunned.
He really didn't have this formal authorization.
"We are brothers and sisters, and we don't use any formal authorization." He then decided.
"That won't work, the rules are regulations." The staff said coldly, "Mr. Chen, since you do not have Mr. Xia's official authorization, you cannot vote on the board of directors on his behalf. In the absence of Mr. Xia, the shareholders of the Tianxia Group held a board of directors, and more than half of them passed the resolution and have applied to us for resumption of trading."
"What, how dare they!" Chen Yixin gritted his teeth when he heard this.
Those shareholders dared to make such a decision on Xia Tian's back, it's really his.
However, the phone did not answer again, but a series of beeping busy sounds came.
"Bastard!" Chen Yixin threw the microphone angrily and smashed the phone.
"What's going on?" Liang Botao asked hurriedly.
Chen Yixin repeated what the staff said just now to Liang Botao.
"Damn it, we were fooled!" Liang Botao said with hatred when he heard it, "They should have known that you did not have the official authorization of Mr. Xia, so they set up a game to let us jump.
They first asked us to successfully apply for a suspension of trading, angering those investors, and then apply for a resumption of trading. In this way, those investors will sell our stocks retaliatedly, which will make our stock price even worse!"
After hearing this, Chen Yixin understood.
Stock investors are already emotionally tempted by being bewitched, and the suspension further stimulates them, making them more and more unreasonable. Once trading resumes, they will sell faster and more fiercely.
Even the investors who originally wanted to wait and see would probably find it difficult to remain calm. In this way, the stock price of Tianxia Group would be unlucky.
"Damn it, they are so cruel. Are you going to kill them all?!" Chen Yixin said gritting his teeth.
"Don't be angry, now is not the time to get angry. The stock is about to resume trading, and there is still an hour of trading time. We must find a way to prevent it from falling too much." Liang Botao reminded.
"Then do you have any good suggestions? We don't have money to support the market now." Chen Yixin frowned.
If you have tens of billions of Hong Kong dollars in your hands now, you will be no longer afraid of anything. They will collect as much as they sell, and there is no need to worry about the stocks depreciating greatly. But the problem now is that you have no money. If you have money, you will return it to the bank earlier, and there will be no such trouble at all.
"If you don't have money, you have to give good news to boost the stock price." Liang Botao suggested, "In this way, let's announce the company's latest profit situation. Not everyone in Hong Kong is a fool, and you can tell the difference between the best. Seeing that our company is so profitable, I believe they will make rational judgments."
Chapter completed!