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Chapter 295 Stock Price Avalanche

"That's right, including the $100,000 deposit paid previously, the total is exactly $500,000. Thank you two brothers, can I go?"

The boss of the ship closed the box, stood up and asked respectfully.

"Let's go, remember to watch your mouth."

Ade waved his hand and sent the boat boss away. He felt that he would never see this guy again in Xiangjiang in the future.

The boss of the ship betrayed Zeng Xiangqi. If he still dares to stay in Xiangjiang, the Zeng family has many ways to make him jump into the sea to feed the sharks.

"Boss, the matter is done."

Lu Dacheng followed Ade back to Xiangjiang Pier and immediately called Hu Yang.

"Well, after finishing the matter, you will go to Huijia International Investment Company to stay. Mr. Xu will arrange your board and lodging. I will go there in the next few days, and we will talk about it when we meet."

Hu Yang hung up the phone and nodded to Chen Jialin who was waiting aside.

"Okay, the money has also been sent to others. Mr. Chen, you should feel relieved, right? However, your offer is too outrageous. It is only half a million US dollars. Do you really think that the money was blown by the strong wind?"

Hu Yang sent Lu Dacheng to isolate himself from the middle. Hu Yang managed to get out the US$500,000 in cash and asked Lu Dacheng to advance it.

This is mainly to prevent someone from keeping an eye on Chen Jialin's financial transactions, so that nothing goes wrong at critical moments.

Chen Jialin smiled and shook his head and said: "Mr. Hu, this is the secret of spending money. To make people betray you, you must offer a high price that people cannot refuse. I can offer one hundred thousand dollars, two hundred thousand dollars

price, but how do you know that the boss of the ship will not take both ends?

So, as soon as I opened my mouth, I used half a million dollars to knock him out, so that he would never go to the Zeng family for benefits again. Because Zeng Ruhai would never offer such a prodigal price. Do you understand, Brother Hu?"

Hu Yang smiled casually, and of course he understood. It was not just throwing money at people, but also the kind of throwing people to death.

However, Chen Jialin's style is really enjoyable, and Hu Yang said that he also likes it very much.

"Okay, the Mad Dog incident is over. Don't relax on your side. You can't let him go to Xiangjiang to face trial under any circumstances. Mr. Chen, please go back to Nishite Technology as soon as possible. Don't rely on me. I can't handle it."

Well, I want to go to Xiangjiang.”

Hu Yang felt that the Zeng family would soon get the news of Zeng Xiangqi's arrest, and what would follow would be full revenge from the other party.

"Well, please pay attention to Xintong International. The Zeng family doesn't dare to come to the mainland to deal with you, and Ankang Insurance doesn't dare to come out in the open. I'm worried that they might want to take advantage of Xintong International's stocks."

Chen Jialin gave a reminder before going out.

Hu Yang nodded and asked Lin Yan to send Chen Jialin out.

In fact, he also understands that if there is Zeng Xiangqi's incident, Taipower, the Zeng family and Ankang Insurance will all unite to deal with Xentong International.

The ongoing infringement lawsuit in Xiangjiang is the best proof.

Two days later, Yu Hongbo called and said that someone was shorting Xintong International's stock, and the company's stock price began a new round of plummeting.

This incident is not surprising at all. In fact, when Taipower began to sue Xentong International, the company's stock price has been slowly falling. Now this process has only accelerated.

"Mr. Hu, Xintong International's stock price has fallen below 4 yuan today. If this trend continues, it is not impossible to fall below 3 yuan in the future."

At Huijia International Investment Company, Hu Yang saw Yu Hongbo with a worried look on his face.

According to Yu Hongbo's judgment, the driving force for short selling lies in the fact that the conditions for out-of-court settlement have emerged in the market. According to Taipower's conditions, CoreCom International will have to retreat even if it does not die.

Therefore, as long as there are big funds to guide short selling, Xintong International's stock price will plummet.

"Lao Yu, let the stock price fall for the time being. It is not appropriate for us to take action at this time. Xentong International's new process technology is still in trial production. After the new process begins mass production, the stock price will naturally rise."

Hu Yang also had a phone call with Zhang Rulin recently. At present, the yield rate of the company's new process has not yet been improved, and it will take some time to solve this problem.

The side effect of the sharp drop in stock prices is that some investors will lose confidence. In addition, in the short term, the company will no longer want to raise funds in the capital market, and Xentong International still has to overcome the funding hurdle.

"Okay, Mr. Hu, I will continue to keep an eye on the stock price trend."

It’s hard for a good woman to make a meal without rice. With no funds in hand, Yu Hongbo could only watch the share price of Xintong International drop lower day by day.

Hu Yang stayed in Xiangjiang for a few days and met with the team of lawyers who helped Xintong International with the lawsuit before returning to Shenhai.

Out-of-court settlement, especially since the two sides' claims are so different, is basically still at a deadlock.

The Zeng family already knew about Zeng Xiangqi's arrest in the Mainland, and at the same time, with the instructions of his allies, Zeng Ruhai began to short-sell Xentong International's stock on a large scale.

In less than a month, the three-yuan mark that Yu Hongbo was worried about had already fallen below, and the share price of Xintong International fell to around two yuan a few days ago.

If it continues to fall, the stock price may not even be able to maintain one yuan. If the stock price falls below one Hong Kong dollar for a long time, CoreTone International will almost be delisted.

During this period, Hu Yang was also under a lot of pressure. He could not always urge the mass production of Xentong International's new processes. For technical problems, if it works, it will work, and if it doesn't, it won't work. No matter how hard you push, it will be useless.

He knew that Zhang Rulin, Meng Rusong and all the company's technical staff were working overtime, and he had no reason to cause trouble for them.

The only thing Hu Yang can do is to calm down and prepare funds so that he can enter the market at any time to increase his stake.

Furthermore, Hu Yang proposed to convene a shareholders' meeting in advance to review the company's profit distribution plan. The company's distribution plan last year had the option of bonus shares. He has suggested to the board of directors that this time the distribution plan can be more radical and changed to 10 bonus shares.

Ten shares.

Hu Yang's idea is very simple. He uses the ex-rights effect to immediately push the stock price to a certain level. In addition, ten shares will be given for ten. After the split, although the proportion of shares of each shareholder remains unchanged, the number of shares of the company will be doubled.

For Hu Yang, this is more conducive to him increasing his stake in the company at the right time.

Xintong International acted quickly and immediately held a shareholders' meeting to review and approve the company's profit distribution plan. There was no cash dividend, only bonus shares, and ten shares for every ten shares.

"What is Xintong International doing? Suicide?"

Not to mention ordinary investors, even Zeng Ruhai and An couldn't understand this wave of outrageous operations.

You said that your company is about to be reduced to a "shell". At this time, you give out a large proportion of shares because you think you are not dying fast enough?

"Director Zeng, Hu Yang is a very cunning person. I guess it must be his idea to give out shares. Although I don't understand why he would do this, I must not take it lightly."

In Zeng Ruhai's office, An Zhizhi and he discussed it for a long time but could not come up with a result.

However, An Zhizhi still gave a warning. He knew that the Zeng family was very angry because of Zeng Xiangqi's arrest in the mainland, and they could not be swayed by hatred now.

Zeng Ruhai took a big sip of tea and suppressed the anger in his heart. In fact, he hated Chen Jialin even more, but both the Chen family and his son were developing in the mainland and had great careers. He had no quick and effective way to deal with it for the time being.

Their father and son.

Taipower has contacted several companies and reduced its cooperation with Hard Rock Technology. But this cannot do anything to cause Chen Jialin to suffer, and Taipower is not able to act openly and openly in this matter.

Therefore, joining forces with Taipower to attack the share price of CoreCom International has become the best option at present. After all, the Tseng family also hates Populus Hu. Who makes Populus Hu the major shareholder of Corecom International?

"Mr. An, if CoreCom International gives away shares at this time, it will definitely be detrimental to them. We can just wait and see. When its stock price falls to the warning line, I want to see if they can save it? If not, CoreCom International will

Facing delisting and delisting. If it is saved, I don’t know if Xentong International has that much capital.”

Zeng Ruhai knew that Xintong International's own funds were currently very tight. What could be done to save the market? Maybe some of their major shareholders were pretty good, such as Populus euphratica, but there was no reason why they would use their own money to do good things, right?

In short, Zeng Ruhai feels that under the pressure of Taipower, CoreCom International will not be able to survive for long. Anyone who falls into this quagmire will die.

An Zhizhi rolled his eyes and felt that Zeng Ruhai's statement made sense.

This time, the Zeng family added fuel to the flames when CoreCom International's stock price fell. This was originally intended to cut off CoreCom International's financing channels. This move was very vicious, and combined with the so-called "litigation storm", CoreCom International's disaster was probably going to be catastrophic.

It's impossible to make it through.

"By the way, Director Zeng, you asked me to come to Xiangjiang this time. Do you have anything else to do?"

An Zhizhi pretended to be confused, but in fact, he was like a mirror in his heart. Zeng Ruhai asked him to come here, probably because of his unfulfilled son.

Sure enough, Zeng Ruhai immediately sighed: "Mr. An, we are our own people, and I won't hide it from you. My son Xiangqi fell into someone else's trap and was arrested in the mainland. As for me, I tried many ways, but I can't change this.

Reality.

Now I don't dare to ask for his charges to be cleared. I just want to ask Mr. An for your help to deport him to Xiangjiang for trial. How about that?"

The Zeng family knew very well that the boss behind An Zhizhi was a person with great energy. Even if Zeng Ruhai came forward personally, it would be useless, so he could only ask the other party for help.

An Zhizhi pondered for a moment and then said: "Dr. Zeng, this matter is very troublesome. There has never been an agreement in this regard between the two places. Of course, special cases still exist, but we are not sure. We can only say that we will give it a try."

try."

"Hey, just do your best to obey fate. No matter what the final result is, I will keep the help I gave you in my heart."

The situation is stronger than the person. Regarding Zeng Xiangqi, Zeng Ruhai was really troubled.
Chapter completed!
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