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Chapter 471 Shocking Reversal

Chapter 471 A shocking reversal

"Mr. Hu, it's very strange today. Many of our listed companies have experienced heavy selling in Hong Kong and China at the same time. Is this an organized short-selling of our Huijia stock?"

At noon that day, Hu Yang was having lunch in the small restaurant on the top floor, and Yu Hongbo ran in panting.

He brought back urgent news that someone was short selling the stocks of various listed companies in the Huijia Group.

For example, Mincom Communications, Charming Semiconductor, and even Oriental Technology all suddenly fell sharply at a certain point in time, with the intraday drop exceeding 9%.

After hearing what Yu Hongbo said, Hu Yang immediately realized that this was an organized short-selling behavior. Who could it be? He thought it should be Ankang Insurance.

This problem is actually obvious. Ankang Insurance is ranked first among large institutions that have strength and cannot deal with Populus euphratica.

Moreover, this short selling was carried out in the domestic market and Xiangjiang at the same time. Apart from Su Cheng and An, no one else could know about it.

"Lao Yu, have you eaten? If not, just take a few bites first. We'll go to your office to check on the situation later."

Hu Yang was not panicked. It was expected that Sioux City would withdraw its capital from the stock market. However, this guy was indeed very insidious. He had laid this mine in advance and it was only now that he suddenly detonated it.

Yu Hongbo didn't want to eat. He grabbed two flying pancakes and hurried to his office in the investment building with Hu Yang.

"Mr. Hu, Director Yu..."

Several employees in the office were watching the market. When they saw Hu Yang and Yu Hongbo coming in, they quickly stood up to say hello.

"Sit down, Xiao Wang. First, bring up the time-sharing chart of Xintong International."

Yu Hongbo stepped forward and began to show Hu Yang the time-share price charts of each listed company.

"Well, it has fallen a lot. But aren't there signs of stabilization now?"

Hu Yang found that the time-sharing charts of the stock prices of all his listed companies were almost carved out of the same mold. They all started to increase in volume at the same time, without any warning in advance.

However, so far, several companies listed on the mainland, such as Oriental Technology, have not fallen below the limit. And companies listed in Xiangjiang, such as Xentong International, Mingkang Communications, etc., have not experienced a maximum decline of more than 10%.

"Mr. Hu, this is because the sudden drop was too fast, and no one has reacted yet. Furthermore, a small amount of funds came in to grab the rebound, which temporarily stabilized the stock price. I estimate that it will continue to fall in the afternoon."

These listed companies have all been branded as the "Huijia Group" by the market. Once linkage begins, the huge inertia will be very scary.

"Well, let's observe closely. Huh? The stock price of Shenhai Tengfei has also fallen sharply? Xiaoma has really suffered an unreasonable disaster."

Pony's Penguin Empire, strictly speaking, does not belong to the "Huijia series". But obviously, the market does not see it that way.

After Hu Yang finished speaking, he looked at his watch. It was now 12.30 BJ time. In other words, at this time, both the mainland and Hong Kong were closed.

The two major domestic exchanges have trading hours of 9 a.m. and 13 p.m.

The trading hours of the Hong Kong Stock Exchange are 9 a.m. and 13 p.m.

"Lao Yu, come with me."

Faced with emergencies, Hu Yang quickly came up with strategies.

After returning to his office, he mobilized everyone. Hu Yang, Yu Hongbo, Wu Xinhui and Mi Qi began to call various companies.

There was only one content in the call, which was to immediately apply to the exchange for a temporary trading suspension.

Hu Yang’s idea is very simple. Aren’t you, Su City, going to withdraw your capital and run away? You’re also going to suppress a wave of Huijia faction. So good, I’ll apply for a trading suspension so that your trading can’t continue. Let’s see how you withdraw your capital?

"Okay, Mr. Hu, I understand. I will immediately ask the secretary-general to apply to the exchange for a temporary trading suspension."

After receiving the call from Hu Yang, Mr. Liu of Oriental Technology took action without saying a word.

Other companies, such as Shengyi Electronics, Charming Semiconductor, Xentong International, Mingkang Communications, etc., have also applied to the exchange for temporary trading suspension.

Almost at the same time, An Zhizhi watched Su Cheng's car disappear into the vast traffic.

Sioux City plans to transfer to Xiangjiang first, and then go to North America.

There is An Zhixing in China who is responsible for the withdrawal of funds and the aftermath. Eventually, An Zhixing will also go to North America and join Sioux City.

Su Cheng chose to leave at this time to ensure his own safety. Although he has not heard any rumors so far, he always likes to keep the initiative firmly in his own hands.

It didn't take long for Su Cheng to arrive at the border crossing. He dragged a suitcase and queued up to pass the border with a relaxed expression.

"I'm sorry, Mr. Su Cheng. There is something wrong with your ID. Please come to the office with me."

The customs officer responsible for the inspection repeatedly verified Su Cheng's identity, and then quietly sent a signal to his colleagues.

"There is a problem with the document? This is impossible. I often travel between the mainland and Hong Kong, and I have never encountered this situation. Are you mistaken?"

Su Cheng's heart thumped for no reason, and he quickly defended.

"We're not mistaken, please!"

At this time, two uniformed workers stood behind Su Cheng. Looking at this posture, if Su Cheng did not cooperate, they would resort to tricks.

"Okay, I'll go with you."

Su Cheng reluctantly chose to cooperate, because he knew that no matter what happened, he would never be able to successfully break through.

There were several people in casual clothes waiting for him in the office. When Su Cheng came in, one of them whispered a few words to the customs staff, and then the customs staff left the room.

"Su Cheng, you are suspected of multiple crimes in the financial field. We have summoned you for investigation in accordance with the law. Please come with us now."

The bright red seal on the summons made Su Cheng feel particularly dazzling. He did not resist, but nodded silently.

Su Cheng knew that a series of problems with Ankang Insurance had finally come to light. He had just started large-scale fund mobilization when he was caught.

This shows that relevant parties have long been staring at themselves.

...

After An Zhizhi saw off Su Cheng, he returned to his office.

There are five or six phones on his desk so that he can remotely direct his stock selling operations at any time.

It is now 12:59, and An Zhizhi is sitting in front of the computer. If nothing unexpected happens, the stocks of various listed companies in Huijia will continue to plummet in the afternoon opening.

"Haha, it's so cool! This is the peak moment of life. I really want to see Hu Yang in a panic."

At 13:00 sharp, various exchanges started midday trading.

The trading time, which was unmistakable every minute, seemed strangely still in An Zhizhi's eyes. He was following several listed companies belonging to the Huijia Group, and the time-sharing chart drew a horizontal line.

He quickly started making inquiries and soon received feedback that these companies had actually applied for a temporary suspension together.

Five minutes later, each company issued a clarification announcement: the company's production and operation activities are all normal, and there is no information that should be released but has not been released. The company's stock will resume trading at 14.00. Investors are advised to pay attention to investment risks.

.

The meaning of this announcement is that there is no problem with the company. The plummeting stock price is definitely not due to the company's fundamentals. Please don't blindly follow the trend and sell.

"What the hell, do you want to do this? I don't believe you can keep applying for a temporary suspension. I want to see what else you can do after 14 o'clock."

The temporary trading suspension only lasts for one hour. During this hour, investors can calm down to avoid the spread of panic.

An Zhizhi didn't care about this hour at all. After the market opened, he would continue to sell the stocks of these listed companies.

"Bang bang bang..."

At this time, someone knocked on the office door, making An Zhixing feel annoyed.

Is this the one who doesn't open his eyes to disturb himself?

An knew that he didn't stand up immediately, and the knock on the door kept ringing. In desperation, he slammed the mouse on the table, then walked over angrily and opened the door.

Outside the door, there were several people in uniform standing.

"Are you aware of this?"

"Yes, I am An Zhizhi. I wonder if there is something wrong with you?"

An Zhizhi forced himself to be calm, but in fact his whole body was trembling slightly.

"An knows that you are suspected of multiple crimes in the financial field and have decided to take coercive measures against you. This is the detention warrant. Please sign here."

People outside the door poured into An Zhizhi's office. Some people showed An Zhizhi a detention warrant, and some began to search the office's file cabinets, computers, desks, etc.

An Zhizhi sat down on the sofa. He knew that he and his boss were still a step too late. He didn't know if Su Cheng could successfully pass the border and get to Xiangjiang?

13:45.

An earth-shattering news came from major exchanges. The relevant departments announced the takeover of Ankang Insurance. An Zhizhi, the former chairman and general manager of Ankang Insurance, has been criminally detained.

At 14:00 sharp, various listed companies under the Huijia Group resumed normal trading.

Since Ankang Insurance and its related securities accounts have all been frozen, the concentrated selling of the stocks of various Huijia companies in the market was immediately curbed.

After the opening of the market, the stocks of various companies did not fall but rose. The intervention of market copying caused the stock prices of various companies to begin to rebound rapidly.

"Mr. Hu, this is truly a shocking reversal. Hehe, now Su Cheng is finished, An Zhizhi is finished too."

Today's series of dazzling turning points amazed Yu Hongbo and others.

At this time, Hu Yang's cell phone kept ringing. He, Wu Xinhui and Mi Qi answered the phone together, but they were all too busy.

The calls were from Meng Rusong, Chen Hao, Huang Tao and Sa Hongli, Gao Mingkang and Lu Yali, Liu Jin, Chen Jialin...
Chapter completed!
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