Chapter 256: Grab 500 million profits
Hu Tianli held the hung-up phone tightly, his knuckles turned white, and his heart was filled with anger. He could no longer control it. He stood up suddenly and threw his phone to the ground. His veins swelled up and shouted: "Damn... no one is reliable. Investment institutions are really not something. They only know how to suck blood and pursue profits, and they are not willing to bear the risk at all."
"Brother..."
Seeing that Hu Tianli's eyes were blood red, he was completely on the verge of losing control of his emotions.
Hu Tian gritted his teeth, hurriedly pulled him, and shouted: "Brother, calm down. It's useless to say these things at this time, so let's think of a solution quickly."
"What the pallet needs is money. It's so heavy. Where can we raise money at this time?"
Hu Tianli was pulled by his younger brother. After loud advice, he finally calmed down a little and said in a deep voice: "We have fallen into the trap of the Zheng family, and it will be hard to turn back."
While speaking, Longyun Real Estate continued to plummet by 10%, reaching a 30% drop with a more sharp decline.
The dream of 10 billion real estate has disappeared in a flash.
In the entire trading room, except for the Hu brothers' speech, there was a silence, and the needle could be heard.
Cao Jianping has strong abilities in his business and does not understand the capital market very well. In such a crisis, he naturally doesn't know what to say. But Fu Yunsheng, facing the cliff-like decline in Longyun Real Estate, could only sigh in his heart, and there was no other way. He thought of several countermeasures to deal with it, but no matter which one, it required a lot of funds. At this moment, the Hu family could not get a penny.
A good cook cannot cook without rice!
As a trader, facing the situation, even if he has a way to solve it, he can only sigh.
Thinking of what happened in the past hour, he really had to admire the trader of the Zheng family, both on the field and off the field, and the use of various strategies and techniques, which really made him feel inferior.
However, the Hu family was not defeated like this.
After spending more than 2 billion yuan of funds, the Hu family was the largest dealer of Shenyuan Real Estate on the market. As long as the Hu family was willing, they could continue to die at the limit down until the next trading day, so that the Zheng family would face the pledge and liquidation situation again.
He knew that it would be absolutely difficult for the Zheng family to raise enough money to lift the pledged shares in a short period of time.
This is the only way that the Hu family still takes the initiative and can suppress the Zheng family.
"Brother, let's try to contact Mr. Du again." Hu Tianzhong said earnestly, "He just wants more benefits. We don't have money, but the foundation of Longyun Real Estate is still there. There are still many things we can promise him. As long as Yunhai Capital can stabilize the stock price and avoid a complete collapse and reach our pledge closing line, everything can be discussed."
The two brothers now understood the purpose of the Zheng family's comprehensive short selling of Longyun Real Estate.
The first is that it is profitable. Faced with the inflated valuation of Longyun Real Estate, a large amount of short selling caused the stock price to collapse and make huge profits; the second is that "return it to the other person's body" and the other party also wants to break through the Hu family's pledge closing line in the same way.
Although the Hu family has not pledged many shares, once this part of the pledged shares is lost.
Then, the Hu brothers' holdings in Longyun Real Estate are at risk of being surpassed by the second largest shareholder Wang Zhonglei. Once the controlling stake in Longyun Real Estate is lost, it will be...all over for the Hu family.
Hearing Hu Tianzhong's words, Hu Tianli calmed down and called Du Mingbin again.
"Mr. Du, with our current situation, we really can't afford so much money." Hu Tianli suppressed his anger and his attitude slowed down a lot. "You don't want Yunhai Capital to make up for the profits of more than a year of operation, right? As long as you can stabilize the stock price above 15 yuan, the losses caused during the period will be compensated by me, Hu Tianli, afterwards, what about?"
The price of 15 yuan, compared with the initial decline of 41 yuan, has been discounted by more than 60%.
Hu Tianli believes that it is not difficult for Yunhai Capital to stabilize the stock price at this stage, and the price of around 15 yuan is indeed the valuation level that Longyun Real Estate should have compared with the current Shenyuan Real Estate.
Du Mingbin heard Hu Tianli's words this time, and it was much more practical.
In addition, he was really unwilling to be eliminated like this, so he happily agreed to Hu Tianli's conditions and defended at 15 yuan. In fact, the risk was very low.
However, it is different from the Hu brothers' speculation.
From beginning to end, Su Yue never thought about breaking through Longyun Real Estate's 15 yuan pledge settlement line, resulting in the share pledged by the Hu family's equity.
At 2:20, Shenyuan Real Estate Building, Securities Department Trading Room.
Su Yue looked at the on-site and off-site short selling of everyone, Longyun Real Estate's stock price had fallen by nearly 50%, reaching around 22 yuan, and turned his head with a smile: "Mr. Zhao, the valuation of Longyun Real Estate has reached a reasonable range. I think it's almost done, so I can stop."
Zhao Fengnian nodded and said to the phone call that had never been hung up: "Xiao Yu, buy the same number of shares to close the position. We have made enough money."
At the same time, Su Yue also said to Peng Zhenke: "General Peng, inform the two people in Ningzhou that they can buy and close their positions."
Peng Zhenke nodded and quickly notified Ningzhou.
Su Yue looked at the market of Longyun Real Estate with a smile, and was still following the trend and issued an order to traders: "After buying the same number of shares, close the short-selling stocks, buy Longyun Real Estate's stocks in large quantities."
"Why is this?" Yang Liguo asked.
Not only Yang Liguo was puzzled, but everyone in the entire trading room could not help but wonder.
Su Yue did not answer, but just watched Longyun Real Estate's stock price slowly rebound from 22 yuan as the buy orders of people closed their positions flowed in, climbing all the way to around 27 yuan, and then asked: "At this moment, how much funds are there after closing the position?"
Lin Feng stood up from the position of a trader, hurriedly summarized it, and said: "The 280 million yuan withdrawn from Shenyuan Real Estate has been invested in the short selling of Longyun Real Estate. Now after closing the position, the total amount of funds is 394 million yuan, and the profit is about 114 million yuan."
Everyone in the transaction room was surprised when they heard the number reported by Lin Feng.
From the moment the afternoon opening, it has only been an hour and a half now. The situation has changed and the turbulent storm has really shocked everyone.
Longyun Real Estate's stock price collapsed from a record high of 41 yuan, halving, approaching a 6 billion market value evaporated.
Chenguang No. 2 Fund, Lilai Investment Group, Alshan Investment Fund, and Shenyuan Real Estate funds managed by Su Yue, etc.
At least 500 million of profits have been made from the evaporated market value of 6 billion yuan.
Chenguang No. 2 Fund alone made a profit of at least 150 million yuan from Longyun Real Estate’s operation.
"Okay!" After listening to Lin Feng's report, Su Yue said in a deep voice, "Buy all the 394 million yuan of funds. Be careful, you should buy them into small and medium orders. It is best not to let Yunhai Capital traders who have been sticking to the market see it."
Chapter completed!