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155 huge loss of 2 billion market value shrinks by 75%!(1/2)

Wang Guanxi, who was eating breakfast at this moment, also noticed [Yonglong Insurance lost 2 billion yuan].

This news was suddenly released before the opening. It was really not simple, it had the flavor of conspiracy.

Wang Guanxi continued to check the shareholders of Yonglong Insurance, including Asia Financial Holdings. Wang Guanxi immediately thought of that guy Chen Tianqing.

There are regulations that insurance companies cannot go bankrupt and can only be acquired or merged.

This time, Winglong Insurance Company is definitely finished, so the agency that acquired it is likely to be Asian Financial Holdings.

This Asian Financial Holding Company is also an insurance company, and its main business is the insurance industry!

Chen Tianqing must have the lowest price to acquire Yonglong Insurance. In his previous life, Yonglong Insurance was also acquired by an insurance company.

But Wang Guanxi doesn't remember which one it was.

Now I know that it was Chen Tianqing who acquired Yonglong Insurance.

The acquisition price seems to be only HK$100 million.

Yonglong Insurance, which was originally 2 billion yuan, was finally acquired by Asian Financial Holdings for a price of 100 million yuan, which is equivalent to a bargain price.

Since Wang Guanxi knew about it, he naturally would not let Chen Tianqing succeed so easily. He just happened to be short of an insurance company.

"Look at how much the stock price of Yonglong Insurance will fall."

"Hehe, I'm intercepting you"

`····

Soon the stock market opened, and Chen Tianqing's people began to smash the market crazily.

200,000 shares!

200,000 shares!

200,000 shares!

···

Sold 5 million shares!

Stock price plummeted!

From the 20.00 position to the 16.00 position.

In the United States, Annis of Indymike Bond Management is also stupid!

What's going on? Some people smashed the market in advance, and they didn't have the chance to sell at a high level!

"Sell"

"Sell quickly"

"Yes, Mr. Annis" traders began to sell Wing Lung Insurance's shares. They hold 10% of Wing Lung Insurance's shares, worth HK$200 million. Now this 200 million Hong Kong dollars is not much. Now for them who lack funds, it is also meat.

2 million shares!

2 million shares!

···

Soon, the stock price of Yonglong Insurance continued to plummet under their sell-off.

15.00!

14.05!

13.56!

·····

Asian Financial Holdings Company, Chen Tianqing shouted: "Increase the sale!"

The stock price fell so badly that he certainly knew it was Indymike Bond Management that was selling.

So it's just right, everyone sells it together.

"Yes, Chairman" traders continue to sell

12.40!

11.50!

10.50!

10.00!

Many retail investors were also shocked when they saw the report that Winglong Insurance Company lost 2 billion Hong Kong dollars. The stock price fell so fiercely again, and they closed their positions wildly!

The stock price continues to fall!

9.00!

8.00!

···

3.00!

In just one morning, Winglong Insurance's stock price plummeted by 75%, and its market value shrank from HK$2 billion to HK$300 million!

The market value of the market was lost in one morning.

Wang Guanxi was having lunch and watched Wing Lung Insurance's stock price plummet by 75%, and its market value shrank from HK$2 billion to HK$300 million!

This was simply too unexpected.

Soon he saw the news that Winglong Insurance Company lost 2 billion Hong Kong dollars.

Wu Zhankun is finished.

The Wu family was already affected. In order to allow Wu Zhankun to continue to take charge of Yonglong Insurance Company, Wu Zhankun's father also spent HK$800 million to buy 40% of Yonglong Insurance's shares from China Merchants Yonglong Bank.

Now, 800 million has turned into 120 million Hong Kong dollars, and it is a huge loss.

Wu Zhankun is gg.

Last night, Wu Zhankun was still showing off in front of him, saying that Yonglong Insurance's market value was 2 billion Hong Kong dollars, and he asked him to give out 2 billion Hong Kong dollars!

Now it's OK.

Is ntm's show-off still sarcastic?

Wang Guanxi has a good appetite and enjoys eating salad.

And at this moment, the Cultural Hotel, 17th floor, Room 1750.

Wu Zhankun just woke up and was too tired last night and didn't want to get up.

The beautiful model from Ji Yuan model company next to him had already left. He opened the news and saw that he was completely stunned.

The market value shrank by 75% in one morning!

Indymike Bank also went bankrupt and all investments were done.

His cell phone fell to the ground.

A sharp pain came, and my heart felt like I was stabbed.

He doesn't know what to do?

Use funds to protect the market?

It's just a free money and it's useless.

Yonglong Insurance is insolvent, and it is also the end of being acquired. If you want to avoid being acquired, you have to fill in the money yourself.

He hurriedly put on his clothes and rushed back to Yonglong Insurance Company.

At the opening of the afternoon, IndyMac Bond Management continued to sell Winglong Insurance's shares, and they felt that Winglong Insurance would also be dragged down by them, resulting in bankruptcy.

Before Yonglong Insurance goes bankrupt, clear the stocks quickly.

Annis didn't close his eyes all night. Today, the Asian stock market opened. They were just about to sell Yonglong Insurance's stock, but some institutions were smashing the market, which led to the low price they sold.

"Continue selling and clear it up"

"Yes, Mr. Annis" two traders kept closing their positions.

Coupled with the crazy closing of retail investors, the market value of Winglong 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.
To be continued...
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