The mine was decisive and released news to various commercial banks in the evening that day, stating the price, please pay attention to the price. As a result, early in the morning of the next day, many people stopped and waited before the blackboard where the sales department opened, hoping that the mine could respond with a more lethal offer. Although the opening price was lowered, the 75-5 discount was only given to Changdalong, and the rest of the companies could not get such a low price, and they were eager to get it back from the mine.

Many people were waiting and chatting in a low voice.

"I guess the mine's current card price will definitely be exactly the same as Kaiping, so it won't make it difficult to survive."

"It's hard to say that Boss Zhou has always been elusive in his work."

"If you want me to tell me, the price of mine may be lower today."

"Yu Laosi, are you crazy about money? If you lower your money, you will go to the northwest wind."

"What you want is momentum, you can lose money but not face..."

"Look, come out, come out!"

Sure enough, Yu Laosi told me that the price of various brands was announced one hour earlier than usual, and the average price dropped to 80% of the previous one. Amid the whistling of everyone, the grand occasion of Changdalong yesterday repeated, and the sales volume in the first hour alone was equivalent to the whole day yesterday, but today it happened in the sales department rather than the business.

I really didn't expect the price war to be so fierce, so strong and so thrilling. All the customers watched the free fall of coal prices in the two mines in amazement. In less than 15 days, the prices of the two companies had dropped to two-thirds of the original. Look at the two companies' squatting so vigorously that they had no desire to stop in the short term.

In addition to the front battlefield of coal prices, there is also the battlefield behind enemy lines. Although Kailuan claims to recruit commercial stocks, in fact, no penny of commercial stocks is in place. After Lin Guangyu allocated the treasury to redeem the official silver account of Zhili, in a strict sense, Kai is the emperor's private property - of course the people don't know it. But Kaiping is different. Although the British relied on deception to gain control rights, about one-third of the total 140,000 shares were commercial stocks. The news of price wars came out.: There were sharp changes, and countless speculators on the Tianjin Stock Exchange witnessed this roller coaster performance.

On the first day, Kaiping actively cut the price by 15%. Kailuan Zero sales news, Kaiping's stock rose by 10 points, jumping directly from the original 130 stock.

The next day, it was confirmed by news that the opening followed up and price cuts by 20%, and the market expressed concern about the profit level of opening and closing. The stock price fell accordingly. As soon as the market opened, it fell from 143 to 122, there was no limit on the rise and fall.

Day 3, Day 4, Day 5... With the full start and intensification of the price war, the market was panicked. The stock price of Kaiping fell sharply. Although the decline was not as scary as the next day, it continued to fall and continued to decline. After finally, it was easy to breathe after a day of closing. The stock price of Kaiping rebounded slightly, but the close fighting of the price war determined that this rebound could only be a flash in the pan. The price war became more and more prosperous. The stock price rebound eventually died.

In sharp contrast to the sharp decline in stock prices, the trading volume shrank sharply. In the first few days, speculators who were not afraid of death rushed in to make a short-term difference, but later they found that this was purely a trap. The lower the stock price, the lower the lower the trap, the deeper the people, the less transactions, the easier it is to smash the market. Although the coal price fluctuated around two-thirds, the stock price had been cut in half in less than a month. The bears piled up selling orders above every day, but there were no one that could be traded before the closing.

As soon as the loss statement of Kaiping came out, the stock price fell even more. The stocks that were originally worth 130 taels are now extremely difficult to even sell at a price of about 60 taels. De Cuilin and others originally held the market at a price of about 70, but it was a drop in the bucket and it was useless. The overwhelming selling orders instantly swallowed up the pitifully few buying orders.

The shareholders were angry. Although the high-profile response of the mine was the main reason for the continuous decline in Kaiping's stock price, the incentive was Kaiping's active price cut a month ago. From the beginning, normal competition developed slightly emotionally to the later vicious price war. The management of Kaiping's Mining Bureau was unshirkable. Among the many, the small shareholders watched the prices of the stocks in their hands shrinking and couldn't help but start from their hearts. They wanted to ask De Cuilin, Na Sen and others for a clear question. But De Cuilin, Na Sen and others, who were the initiator, not only did not explain and explain reasonably, but instead shifted the responsibility to the mine. It was said that Zhou Xuexi spared no effort to suppress Kaiping and take back Kaiping, forcing Kaiping to take this downside. After the frame-up,

Dong took the initiative to stop the price war, and they pretended to ignore it.

After receiving the self-ringing bells sent by others, it was time for foreigners to get a job. Zhang Yi was particularly concerned about the major coal users in sports. During this period, he didn't bother to tease his beloved pigeons, so he turned down the invitation of his friends fork mahjong, and no longer slept until noon before getting up. He went to the home and traveled to the west every day, and was very busy. There were only two key words:

"Brothers have no clue. In the year of Gengzi, foreigners took advantage of the situation. They have been holding back their strength to take back Kaiping for the country. However, they are not able to do so, so they have to endure it until now. The foreign devils in Kaiping are not a mistake, but they actually started dumping at low prices. Isn't this seeking death? The more they sell, the more they will lose in the future. So they will do a favor to buy more coal and buy Kaiping, so they can finish it as soon as possible."

—

Or he made a speech in tears: "This time the foreign devils deliberately provoked conflict and tried to use vicious competition to squeeze out the open. I disagree. With the public, the opening is also the industry of our Chinese, which makes foreigners look deserted. With the private, the collection is my in-laws, and I can't help in the bigotry, and I always have to take the lead in the small things. I'm going to joke with you. Now that the working capital is very tight, I'll sell one ton of more money, and I'm afraid I won't be able to hold on. If this continues, I'd better buy more open flats and let foreign devils put more blood."

This plausible remark sounds really high-sounding and has really confused many people. After listening to his clamor and persuasion, many merchants specially purchased Kaiping minerals to avoid causing more impact on the mines. But in fact, coal production is a continuous process, easy to stop, but it is troublesome to recover. Once the mine operation is stopped, the operating surface and tunnels are likely to be unable to continue mining due to seepage, or it may cause collapse. Once this is the case, production at a loss is more cost-effective than shutting down work.

The price war is also a double-edged sword, and it has been gritting its teeth and persevering for more than two months. When submitting the report to Zhou Xuexi, Zhao Yuansi's voice was very low: "Our shipments in the past two months have almost doubled compared to before, but the losses are astonishingly high. Not to mention equipment depreciation and tax revenue of that month, we have lost almost 500,000 on the surface."

Zhou Xuexi remained calm: "What's the situation over Kaiping? I heard that many commercial shareholders went to cause trouble last time?"

"Yes. The shameless Na Sen actually framed it. It was ours. It was just that the British had relatively controlling rights, and they controlled the actual operation of the company. Even if other shareholders had any opinions, they were not their opponents."

"Foreigners are powerful, and many people must be angry but dare not speak out."

"I heard a message, but..."

"You can say it, there is no need to hesitate."

Zhao Yuansi revealed the strange role Zhang Yi played during this period and his jumping and jumping stories.

"Bastard!" Zhou Xuexi was furious and slapped the table hard, even the teacup was shaken to the ground and broke.

Zhao Yuansi had never seen Zhou Xuexi have such a big temper. Even when Zhang Yi stole the mining rights in the Gengzi year, Zhou Xuexi did not force him too much due to his relatives. This time it seemed that he really angered him.

Zhou Xuexi stomped his feet repeatedly: "So that's it, so that's it. I wonder how foreigners would take the initiative? It turns out that this guy is making trouble."

"Do you want to send someone to clarify the rumors?"

"The clear one is clear, and the turbid one is turbid. If you do evil things, you will die. Since this guy is so crazy, I can't be polite to him anymore." Zhou Xuexi's face turned red due to anger. "Clarification is not urgent, I will send a telegram to Cen Zhongtang immediately and ask him to cure this corrupt and perverted person."

"I am worried that the emperor will lose too much during this period and it is difficult for the emperor to explain it. If the news spreads, Zhang Yi and others will fight back first. If there are no one in the court who does not know the truth, I am afraid..."

"I have considered this level and made the worst plan. However, I have blocked my retreat long ago." Zhou Xuexi looked solemn, "To be honest, I could have pretended not to see anything, and An An was in the capital to be my water company manager, but I just couldn't swallow this. This time, with Luansu, it may be just a matter of success or failure for others, but for me, Zhou Xuexi, it is a matter of life and death! I must persevere to the end."
Chapter completed!