55 major shareholders are big swindlers
At this moment, Hengda Auto Hong Kong Branch held an emergency meeting.
Because this morning, Hengda Auto's stock price was sold wildly, and its stock price plummeted
From 1.30 yuan per share to 0.70 yuan per share, the market value evaporated by nearly HK$5.24 billion, and 11.4 billion Hong Kong dollars to 6.16 billion Hong Kong dollars, which has shocked the mainland's headquarter.
President Li Siquan looked very bad: "Director Liu from the head office has called us to stabilize the stock price!"
Li Siquan is an excellent manager. He has been involved in the real estate industry and has more than 12 years of experience in investment, development, marketing and other fields. He is currently in charge of branches in Hong Kong and funds under the branch.
This morning, the shareholders' value shrank, and they gritted their teeth in hatred and cursed at him. Liu Chengyan, who is also the executive director of the major shareholder, asked him to use his funds to stabilize the stock price of Hengda Auto.
"Yes, Mr. Li"
So everyone did as they did and used the funds in Hong Kong.
The afternoon market opens.
Hengda Auto's stock price began to rebound under their buying, but when it rose to 0.85 yuan per share, it was once again sold wildly.
The upward momentum has suffered a sharp drop.
The stock price fell back to 0.70 yuan per share from 0.85 yuan per share.
Li Siquan quickly shouted: "Stop for a moment."
"The other party must have waited for us to pull up, and then they continued to sell at a high level!"
So several traders stopped.
Ping An Fund, Hao Yumao, looked at Hengda Auto's stock price trend chart and was shocked. Just now, the opening of the afternoon, Hengda Auto's stock price began to rise sharply, from 0.70 yuan per share to 0.85 yuan per share. He originally wanted to wait for it to rise to 1.00 yuan per share before selling, but he did not expect that there were other shareholders selling stocks.
So he shouted, "Continue selling, don't stop!"
“Yes, President”
So Ping An Fund began a new round of selling!
1 million shares!
1 million shares!
···
The stock price fell to 0.60 yuan per share, and then the funds of Hengda Automobile Hong Kong Branch took action.
Li Siquan's eyes were on fire: "Pull it up again!"
"Yes, the CEO" traders executed the order again and bought stocks in large quantities!
Hengda Auto's stock price began to rise, and was soon forcibly pulled to 0.85 yuan per share.
But it didn't take long, and it was smashed again, falling to 0.70 per share.
Li Siquan shouted: "Stay calm and keep buying!"
"yes!"
Therefore, Hengda Auto's stock price fluctuated wildly in the range of 0.60 to 0.85, and the trading volume was very large.
Wang Guanxi saw that the net value in the account was changing very quickly, and every second it was floating by hundreds of thousands, which made people frightened.
He was shouting in his heart: "So let me continue to plummet, fall!"
He clenched his fists tightly.
Li Siquan shouted: "Please keep the 0.70 position tightly and buy me a lot!"
"Yes, President!" The traders bought even more fiercely.
4 million shares!
4 million shares!
The stock price is locked tightly above the 0.70 position!
Hao Yumao of Ping An Fund was very happy when he saw this scene. He knew that it was Hengda Auto who was stabilizing the stock price. That would be the best, just to let Ping An Fund close its position at a high level.
But they won't flatten too quickly, take it slowly, anyway, Hengda Automobile's people will stabilize the stock price.
"Selling at half"
"Yes, Mr. Hao"
So they slowly sold out.
And because they began to sell slowly, under Li Siquan's crazy buying, the stock price rushed to 1.00 yuan per share!
Wang Guanxi looked at this scene and looked bad. He hoped that Hengda Auto's stock price would plummet to below 0.50 yuan per share today.
Unfortunately, Hengda Automobile's people have taken action to stabilize the stock price.
But he is not worried, because many investors and shareholders of Hengda Auto will sell Hengda Auto's stock and cash out.
··
At this moment, in a luxury mansion in the mainland, the major shareholder of Hengda Auto is also serving as Liu Chengyan, who is crazy about selling his Hengda Auto stocks.
He knew the real situation of Hengda Auto. His performance today was particularly poor, and his stock price collapsed sooner or later. Today, Ping An Fund’s people were already selling, so he naturally had to follow him.
While the stock price was still above 0.8 yuan per share, he cashed out more cash.
Of course, if you want to sell stocks on a large scale, funds need to take over, so he thought of the fund specially set up by Hengda Auto in Hong Kong, so he made a special call and asked Li Siquan, the head of the Hong Kong branch, to use the funds from the fund to take over!
Let Li Siquan use funds to stabilize the stock price in the stock market and then facilitate his selling, but he did not expect that Ping An Fund's people would sell so fiercely.
He simply ignored it and started selling it wildly!
5 million shares!
5 million shares!
··
Smash!
Soon, the stock price of Hengda Auto was directly smashed by Liu Chengyan!
Thousands of miles!
From 1.00 yuan to 0.70 yuan per share, a 30% drop in just a short period of time!
At the same time, Liu Chengyan did not forget to send a message to Li Siquan, the head of the Hong Kong branch, and gave him a death order.
"Mr. Li, keep the stock price stable at all costs!"
The purpose of his doing all this is to cash out more stocks at a high level as much as possible, so that Li Siquan can use funds to stabilize Hengda Auto's stock price, which is the most suitable.
But he knew that the stock price could not be stable for how long.
Many shareholders will react and start cashing out their stocks.
He just wants to take one step first.
···
At this moment, Li Siquan, Hong Kong, was completely stupid. It was obviously the major shareholders of Hengda Automobile who were cashing out, but he didn’t know which major shareholder was cashing out crazy!
Previously, Liu Chengyan, the major shareholder served as executive director, gave him a death order to stabilize the stock price at all costs!
So he shouted, "Pull it up!"
"Yes, Mr. Li!" The traders continued to buy large amounts.
Soon the stock price was pulled to 0.90 yuan per share.
When Wang Guanxi saw the stock price reaching 0.90 yuan per share again, he felt a little regretful. He had originally waited for the stock to fall below 0.50 yuan before starting to close the position, but he did not expect that every time the stock price plummeted, it was pulled up again.
··
At this time, Hao Yumao of Ping An Fund saw the stock price rising again and shouted, "Sell me a big deal!"
"Yes!" Everyone executed the order!
6 million shares!
6 million shares!
··
Soon the stock price turned around and fell sharply!
From 0.90 yuan per share to 0.60 yuan per share!
Li Siquan and others were stunned again and couldn't hold on at all.
The fund is not much, and the bullets will be finished after a few more times.
So he shouted, "Slow down first!"
He wanted to see where the stock price fell!
The lower the stock price, the lower the cost of pulling up.
··
Wang Guanxi was very happy.
He stared at the mobile phone screen with his eyes tightly, hoping that Hengda Auto Group's stock price would continue to fall, preferably below 0.50 yuan.
Although he knew that the stock price would fall to 0.10 yuan per share in the future, that was more than half a year later, and he just wanted to make quick money.
Chapter completed!