Asian Financial Holdings Company, Chen Tianqing looked at all this with a sneer and was not in a hurry to take action.

Because listed companies usually cannot buy and sell their own stocks, of course they can also repurchase them, but after repurchasing, they need to cancel the stocks.

Now that Blackshirt Insurance Company is shorting Asian Financial Holdings, they naturally cannot fight with Blackshirt Insurance Company by buying back stocks.

Because the company uses the company's funds to repurchase the shares, the shares will be cancelled after being repurchased, and the listed company can only repurchase 10% of the shares every year!

Shares must be repurchased using distribution profits!

Share repurchase must be cancelled!

All actions to purchase shares must be made public immediately!

So this time, Chen Tianqing and Chu Jianming two major shareholders joined forces to invest 800 million yuan of cash from Asia Financial Holdings to an offshore fund registered as Chen Tianqing's wife. It was a shell company, called Asia Financial Holdings Fund, which allowed Asia Financial Holdings Fund to use 800 million yuan to fight with the Black Shirt Insurance Company. After the black Shirt Insurance Company was beaten, the money and principal earned and the principal would be returned to Asia Financial Holdings Company.

The war between Asian Financial Holdings Fund and Blackshirt Insurance Company is actually the war between Asian Financial Holdings Fund and Blackshirt Insurance Company.

By then, the Black Shirt Insurance Company will not be able to withstand it. If it closes the position, the Asian Financial Holding Fund will also close the position, sell all the shares of the Asian Financial Holding Company, and then give all the money earned to the Asian Financial Holding Company.

Such an operation method does not comply with the regulations. After discovering it, he will definitely be severely punished, but Chen Tianqing and Chu Jianming can't control so much. They will first fuck the black shirt insurance company and then acquire the black shirt insurance.

Chu Jianming said with some concern: "Old Chen, will we be punished severely when we do this?"

Chen Tianqing said disrespectfully: "What are you afraid of? We are asking Asian Financial Holdings to invest in Asian Financial Holdings Fund. This is what the Asian Financial Holdings Fund uses money to operate, and the board of directors unanimously agreed."

"Fuck the Black Shirt Insurance Company first"

Chu Jianming nodded: "Okay."

Looking at the stock price, Chu Jianming said anxiously: "Brother Chen, why haven't you taken action yet? The stock price has fallen a lot."

"This Hong Kong Blackshirt Insurance Company is so insidious that it actually spread rumors in the media that the Asian Financial Holding Company's property is fake, and you can sue them afterwards!"

Chen Tianqing shook his head: "No hurry, Brother Chu, let the stock price continue to fall, and then we can protect the market at 3.00!"

"Many retail investors will buy here, so there is no hurry."

“At 3.00 per share, we can eat more stocks”

They mobilized 800 million yuan this time, and it was impossible to buy directly at 4 yuan per share. He wanted to wait until the stock price fell to 3.00 before buying.

Chu Jianming: "It makes sense, let's play with them slowly."

The stock price is still falling and soon fell to 3.00.

I have to say that negative news has played a big role.

After the stock price was dropped to 3.00, Hong Kong Blackshirt Insurance Company stopped selling.

Retail investors also stopped selling.

And Chen Tianqing of Asian Financial Holdings began to buy.

500,000 shares!

500,000 shares!

··

With the bottom buying of some retail investors, the stock price quickly reached 5.00!

Wang Guanxi ordered: "Continue to smash, hit the 3.00 position."

“Yes, boss”

Blackshirt insurance companies continue to sell their stocks.

Crazyly smashed the stock price!

4.5!

4.0!

3.5!

3.0!

Then stop!

Today's retail investors are like playing roller coasters. The stock price has soared and plummeted, losing money for a while, and making money for a while. Some regrets that they did not close their positions when they made money. Now it has become a loss. Some regrets that they close their positions when they lost money, because continuing to hold will make money.

In this way, Hong Kong Blackshirt Insurance Company has a war with Asian financial holding companies!

Both sides will never lose the outcome.

Asia Financial Holdings holds the 3.00 position, while Hong Kong Blackshirt Insurance Company seals the 5.00 position.

The stock price has a huge trading volume today.

The fluctuations are extremely violent.

No one can do anything to anyone!

Blackshirt Insurance Company sold out 200 million shares today, and Asian Financial Holdings Company also ate all of these 200 million shares.

The stock price was finally set at 4.00.

The average short price of black shirt insurance companies is 4.00, and the average buying price of Asian financial holding companies is roughly at this position.

"Chairman, we sold out, and they took over it, but the stock price only fell by 1.00 yuan." Huang Shaokai and others looked at Wang Guanxi in confusion.

Now that 200 million shares have been sold out, they have no bullets anymore, how can they play with Asian financial holding companies?

Go and borrow stocks?

Wang Guanxi smiled faintly and said, "It's okay, wait, just wait and watch the show."

At such a high position, Wang Guanxi was quite satisfied with shorting 200 million shares, especially at the high position, which also consumed a lot of funds from Asian Financial Holdings, which is very good.

Wang Guanxi's main purpose is to consume his opponent's cash flow.

At this moment, Chen Tianqing asked the trader: "How many shares did you buy in total today?"

"The chairman, bought 200 million shares and consumed 800 million funds," the trader said: "The company's cash flow has dried up."

After Chen Tianqing learned that he had bought 200 million shares, he pondered for a while and said nothing.

He didn't expect that Wang Guanxi was so brave and sold so many stocks today, but he also took it and saw who was trying to kill whom.

Wang Guanxi's stock was borrowed from Kanghong Global Insurance. It was worth 1 billion at the time and the daily interest was a lot. Let's see when the Blackshirt Insurance Company could resist. If the Blackshirt Insurance Company closes its position, it will need to buy 200 million shares in the market and give Kanghong Global Insurance.

Thinking of this, Chen Tianqing said to Chu Jianming who was drinking tea on the side: "Brother Chu, the black shirt insurance company is over this time, we are waiting to acquire it."

Chu Jianming smiled and said, "Don't let it end so quickly, I've only collected interest for one day."

If the Black Shirt Insurance Company closes its position, the stock price will continue to rise. When the margin is insufficient, according to the agreement, these stock prices will be returned to Kanghong Global Insurance at the market price.

At that time, the shares they hold will increase in value and will still receive interest.

That was so cool.

Especially the Hong Kong Black Shirt Insurance Company has to be done and directly acquired it at a low price.

"Let's buy it together"

"Okay, no problem!"

To be honest, he doesn’t understand why Wang Guanxi and Huang Shaokai want to short Asian financial companies, which is simply a fool!

"I really don't know what these fools are thinking."

Chen Tianqing also smiled and said, "I don't understand either, but these fools come here to give money, so let them give money."

"When they can't stand it, they will close their positions. Then I will close their positions too. The 200 million shares I bought can still make a lot of money."

This time, 800 million yuan was consumed, but finally the bullets from the Blackshirt Insurance Company were exhausted.

"Now Blackshirt Insurance Company has no stocks to short, and the stock price is still high, and they are finished."

Chu Jianming echoed: "Yes, I think so too."

"Those retail investors may continue to buy stocks, pushing up the stocks."

"By the way, let's clarify the rumors of fake financial statements, and then sue the Blackshirt Insurance Company and ask them to pay hundreds of thousands or millions of dollars."

"Well, this is good." Chen Tianqing then instructed the company's lawyer to sue the Black Shirt Insurance Company.

The lawyer is named Yin Feihong, from Guanshi. He is 56 years old. He joined the company this year and has become an independent non-executive director.

Yin Feihong is also a practicing accountant in Hong Kong, with more than 30 years of extensive experience in auditing, finance, consulting and management fields...

Yin Feihong said confidently: "Chairman, I will definitely win this time!"

At 4:30 p.m. that day, Asia Financial Holdings issued a statement clarifying the rumors of financial fraud and sued Blackshirt Insurance Company for spreading rumors about Asia Financial Company, demanding compensation of 5 million yuan.

Wang Guanxi didn't expect that Chen Tianqing would start a company and would have to pay 5 million yuan in compensation, so he would beat him and drag you to death.

The lawsuit is not over yet, I will acquire you and the lawsuit is over.

To be honest, this lawsuit is not good for Blackshirt Insurance Company, but it has to be fought and dragged on.

So Blackshirt Legal Company was asked to deal with the lawsuit from Asia Financial Holdings Company and sued Asia Financial Holdings Company for financial fraud.

At the same time, the editor who continued to acquire media and released information was to accuse Asian Financial Holdings of financial fraud.
To be continued...