Chapter 563 A life-saving straw, a glimmer of hope

After Chen Jialin returned to Shenhai from Bangkok, he has been busy with Nishite Technology.

These days, he doesn't even have time to meet with Populus euphratica.

The substantial increase in orders tests not only production capacity, but also all aspects of management capabilities.

When Nishite Technology started installing and debugging equipment at its new factory in Star City, it had already recruited employees in advance.

Now, the new employees who have undergone preliminary training have started a three-month internship in various factories.

These new employees will soon become skilled workers and play a role in their respective jobs.

As the helmsman of the company, Chen Jialin needs to pay attention to more than just employees. From orders to production plan arrangements, to quality control and yield rate... he needs to be aware of everything.

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With Chen Jialin at Nushi Technology, Hu Yang can completely let go.

However, Hu Yang has not been idle recently. For example, he has been in frequent contact with Chen Hao during this period.

An important business of the Zeng family's Mingji Holding Group is the operation of various electronic production equipment.

For example, when Zhang Rulin first founded Xentong International, he had business dealings with the Zeng family and entrusted them to import some auxiliary production equipment.

But it was also at that time that Xintong International was tricked by the Zeng family. That’s why Hu Yang later took revenge on the Zeng family and beat Zeng Ruhai in the stock market until he surrendered.

Hu Yang had been in frequent contact with Chen Hao during this period, and the two of them planned to attack this part of the Zeng family's business together.

Chen Hao is one of the first entrepreneurs in Hong Kong to invest and set up factories in the mainland and enter the field of electronic manufacturing.

He has deep connections in the industry, so during this period, he and Hu Yang have joined forces to continuously attack the agency sales business of Mingji Holding Group.

To put it bluntly, Mingji Holding Group is just a middleman, not a manufacturer. It is not irreplaceable for the demand side of electronic production equipment.

The key to this matter is who comes forward.

The appearance of Hu Yang and Chen Hao at the same time will inevitably have a major impact on the re-export trade of Mingji Holding Group.

During this period, the re-export trade volume of Mingji Holding Group has begun to decline sharply.

"Mr. Hu, I have exerted my maximum energy. So far, the effect is pretty good. If that old guy Zeng Ruhai dares to make an idea for Jialin, I won't let him go."

Of course Chen Hao felt sorry for his son, and what happened this time made him intolerable.

It happened that Hu Yang had the idea of ​​attacking the Zeng family, so Chen Hao acted as a vanguard without hesitation.

"Dr. Chen, if you take action, the results will be extraordinary. Don't worry, I have other means. I will never give up unless I beat Zeng Ruhai painfully and fearfully this time."

Hu Yang's plan was so intertwined that even Chen Hao was frightened.

Soon, the news that the re-export trade of Mingji Holding Group suffered a heavy setback appeared in various media in Xiangjiang.

Zeng Ruhai suddenly felt a lot of pressure. The balance between the long and short sides in the market began to tilt, and it became increasingly difficult to support the market.

"Lao Yu, it's time to take action. Clear all the stocks in Mingji Holding Group you hold."

The bad news about the other company caused the selling pressure on the market to become increasingly heavy. Hu Yang estimated that Zeng Ruhai's funds were almost exhausted, so he decided to add fuel to the fire.

"Mr. Hu, the stock price of Mindful Holding Group is currently fluctuating between 40 Hong Kong dollars and 42 Hong Kong dollars. There are many takeover orders below 40 Hong Kong dollars. Shouldn't we wait any longer?"

Yu Hongbo felt that he did not have too many chips anymore, and the 40 million shares had to be used in the right place to play a key role.

"No wait, let's sell short at once. Zeng Ruhai should have reached the end of his strength."

Hu Yang shook his head and rejected Yu Hongbo's suggestion.

"Okay, boss, I'll do it right away."

When Yu Hongbo saw that Hu Yang did not adopt his suggestion and did not argue, he turned around and left, and immediately took action.

In fact, Hu Yang still overestimated Zeng Ruhai's financial strength. As of now, the remaining 2.5 billion Hong Kong dollars borrowed by Zeng Ruhai is less than 100 million Hong Kong dollars.

When huge selling came out, the stock price fell all the way from HK$41.88 that day.

At the 40 Hong Kong dollar mark, Zeng Ruhai resisted for a while and then gave up. For no other reason than because Zeng Ruhai's funds in Tuo City had been exhausted.

When Yu Hongbo and his team members cleared out all the stocks in their hands, the stock price of Mingji Holdings Group officially dropped below HK$40.

"Boss, I made a preliminary calculation and found that the average selling price of our 100 million shares is HK$40.23. Now we are waiting for the right opportunity to buy back these 100 million shares. This wave will be successful."

Securities lending is like borrowing something from someone. If you borrow Mingji Holding Group stocks from a securities firm, you will naturally get the same stocks in return.

Of course, the loan will definitely not be in vain. Depending on the length of time, you will have to pay a handling fee.

Now, Yu Hongbo has cleared his position. After deducting handling fees, commissions and taxes, he has almost HK$4 billion in funds on his account.

If Yu Hongbo can buy back 100 million shares of Mingji Holding Group at a price lower than HK$40, then he will make a profit.

Otherwise, it is a loss.

Making money and losing money is secondary. Hu Yang's main purpose this time is to suppress the other party's stock price. If the stock price of Mingji Holding Group falls to a certain level, Zeng Ruhai's capital chain may be broken.

This is actually the leverage effect of the securities market.

"Lao Yu, you did a good job this time. Well, it's almost time. Let's go upstairs to have lunch together and talk while eating."

Although Hu Yang judged that he would win, he still could not let down his guard until the last moment.

He planned to use his lunch time to explain a few more words to Yu Hongbo.

At noon, Hu Yang took a nap in the lounge.

As soon as he went to work in the afternoon, Yu Hongbo came to Hu Yang's office excitedly.

"Boss, the stock price of Mingji Holding Group just started to plummet..."

After Yu Hongbo finished speaking, Hu Yang opened his laptop and called up the time-sharing trend chart of Mingji Holding Group.

The stock that was still falling slowly in the morning suddenly changed the slope of its decline in the afternoon and fell directly below 35 Hong Kong dollars.

Hu Yang thought about it and felt relieved.

On the one hand, this is due to the recent negative news about Mingji Holding Group. On the other hand, after Hu Yang ordered Yu Hongbo to sell the last 40 million shares, Zeng Ruhai is estimated to have almost run out of ammunition and food.

All these factors combined finally broke out in the afternoon trading and started a sharp downward trend.

"Lao Yu, please pay close attention these days and don't rush to cover your stocks for the time being. If you think the time has come, come to me, do you understand?"

This time, Hu Yang did not give Yu Hongbo more decision-making power. Therefore, this round of competition between him and Zeng Ruhai is not limited to the securities market.

There was some information that was inconvenient to tell Yu Hongbo, so Hu Yang took the final decision in his own hands.

"I understand, boss."

Yu Hongbo generally knows how to advance and retreat, which is what Populus euphratica appreciates about him.

Xiangjiang.

It rained heavily in the evening, and there was a wet smell everywhere.

Zeng Ruhai sat in his office, turned off the air conditioner, and asked his assistant to open all the windows. When the humid breeze blew in, he felt less depressed than before.

By now, Zeng Ruhai was certain that it was Hu Yang's Huijia department who was short selling the shares of Mingji Holding Group.

But Zeng Ruhai knew that Zeng Ruhai no longer had sufficient funds.

It's like a soldier in battle who has no ammunition in his hands and looks at the enemy clearly visible on the opposite side, but there is nothing he can do.

As of today's close, the share price of Mingji Holding Group has fallen to around HK$33. Zeng Ruhai, let alone supporting the market, may not even be able to repay the bank loan if this continues.

Previously, Zeng Ruhai's son Zeng Xiangqi died in prison.

Zeng Ruhai was furious and chose Chen Jialin as the target of revenge.

Chen Jialin's fiancée's parents were a good breakthrough point. After several maneuvers, Chen Jialin's marriage was disrupted.

This made Zeng Ruhai feel very happy.

He also thought that if he targeted Chen Jialin, he might offend the entire Huijia Clan. After all, the head of the Huijia Clan, Hu Yang, and Chen Jialin were brothers, and their relationship was unusual.

However, Huijia now has its own crisis, as evidenced by the fact that Charming Semiconductor is isolated from the North American market.

Therefore, Zeng Ruhai hopes to use this golden opportunity to attack Chen Jialin.

However, what he didn't expect was that Hu Yang would actually use Hard Rock Technology to target Wesley (South China) for revenge.

In a short period of time, Wesley (South China) lost orders from several large companies, and the new factory that it spent a lot of money to build became a decoration.

This also caused the Zeng family's flagship, Mingji Holding Group's investment in Wesley (South China) to suffer foreseeable heavy losses.

Zeng Ruhai hurriedly discussed with several shareholders of Wesley (South China) about increasing capital and shares. As a result, a fire broke out in his own backyard, and someone began to short-sell the shares of Mingji Holding Group wantonly.

It’s so damn hard to live!

After attacking with this combination, Zeng Ruhai was almost stunned.

He gritted his teeth, pledged his shares in Taipower, borrowed HK$2.5 billion from the bank, and started to support the market.

To be honest, the amount of securities borrowed by Huijia International Investment is not large, only 100 million shares. Using these resources to short Mingji Holding Group did not achieve very good results.

Zeng Ruhai's early market support was relatively successful. He stabilized the company's stock price at around HK$40.

As a result, the opponent made a false shot and severely damaged the re-export trade of Mingji Holding Group.
To be continued...