A great victory

This article starts from the Internet bubble of that year, bluntly stating that Li Kaize missed the opportunity for industrial upgrading at that time.

Later, with the burst of the Internet bubble, Xiangjiang Telecom lost its glory. Until Li Kailong joined, Xiangjiang Telecom embarked on the evil path of investing everywhere.

The article finally analyzes the reasons why Xiangjiang Telecom has repeatedly lost market share, that is, backward infrastructure equipment, slow 3G network construction, and inadequate services.

To put it bluntly, Xiangjiang Telecom has been annihilated by everyone, and will even be completely surpassed by operators such as China Mobile Xiangjiang in the near future.

As soon as this article came out, it attracted widespread attention. To be honest, many investors knew that Xiangjiang Telecom lost money by investing in Wesley (South China), but they did not know the specific process.

But now that he is being ripped off, everyone has finally seen Li Kailong’s paranoia and stupidity. He was so arrogant in giving money to others, and was betrayed in the end. I really don’t know what to say.

Originally, everyone had great confidence in the Li family, but after learning the inside story, not to mention Li Kailong, even Li Kaize was called a pig's head.

I've seen stupid people, but never this stupid!

After being sold, he helped others count the money.

As a result, some radical investors began to vote with their feet. This round of rebound in Xiangjiang Telecom stopped at below 30 Hong Kong dollars.

Yu Hongbo seized the opportunity and began to sell Xiangjiang Telecom's stocks aggressively.

"Mr. Hu, we have sold more than 300 million shares in total, and I will continue to sell short tomorrow."

As of today's close, the closing price of Xiangjiang Telecom is HK$26.03. After Yu Hongbo sold so many stocks, the stock price can still maintain at the current level. It is obvious that someone is supporting the market.

Hu Yang estimated that the funds to support the market still belong to the Li family.

Because the negotiations with Singapore Telecommunications have reached a critical moment in the past few days, and the stock price involves the future additional issuance price, neither Li Kailong nor Li Kaize dares to be careless.

Hu Yang nodded and sent Yu Hongbo away. He just wanted to know now, how would Singapore Telecom choose after knowing so many inside stories?

"Who the hell is plotting against us?"

It is impossible for Li Kailong not to know about such a big thing. He has been angered by the description in the article. With the name of his second senior brother, he will not be able to see anyone in the future.

Li Kaize is also very depressed. The negotiations with Singapore Telecommunications are about to succeed. As soon as this article comes out, God knows what changes will occur.

In Singapore, Li Kaize's premonition became a reality.

"It doesn't matter who is behind the Li brothers. The key is that everything stated in the article is true. Everyone, according to the information we have, Xiangjiang Telecom is in a quagmire. It's better not to get involved."

At the headquarters of Singapore Telecommunications, the board of directors held an emergency meeting.

Not only did they see the articles circulating on the Internet, but they also obtained the investigation report of the negotiating team.

Senior executives believed that Xiangjiang Telecom concealed a large number of true facts during the negotiations, which would have a significant impact on investment decisions. For the sake of safety, the chairman proposed to terminate this investment negotiation.

Dear shareholders, no one has objections. The real situation of Xiangjiang Telecom is very serious. No one’s money is blown by the strong wind, right?

There was no suspense in the subsequent vote. The directors of Singapore Telecom unanimously agreed to abandon the plan to invest in Xiangjiang Telecom.

The next day.

An announcement by Xiangjiang Telecom has caused various speculations in the market.

Investors who were eagerly waiting for Singapore Telecom to inject capital found out that what they were waiting for was the news that Singapore Telecom had given up its stake in Xiangjiang Telecom.

While everyone was still in a state of excitement, as soon as Xiangjiang Telecom opened, large-scale selling orders came out.

Needless to say, this is when Yu Hongbo is doing the final clearance.

If it were yesterday, these selling orders of his would have been completely digested by the market. But today's news has left many investors at a loss as to what to do and began to wait and see without funds.

"Director Li, the selling pressure is huge right now. If we don't take action, we won't be able to withstand it at all."

Li Kaize and Li Kailong raised some funds from Lao Li, and the support during this period also consumed 7788.

But today's situation is different. Singapore Telecom's sudden withdrawal caught them off guard. But obviously, it is not necessary to continue to support the market.

"Try to hold it up first. If you really can't hold it up, just give up."

Li Kaize still has some illusions. Anyway, he still has some funds on hand. If he can support the stock price, it will be good for him.

After receiving the order, my subordinates quickly went to deal with the matter.

"Stabilized, stabilized..."

After a sharp decline 15 minutes after the market opened, Xiangjiang Telecom's stock price began to rebound significantly, and the price returned to around HK$25.

At this time, there were not many stocks left in Yu Hongbo's hands. So he gritted his teeth and smashed all the remaining Xiangjiang Telecom stocks.

Xiangjiang Telecom's stock price only resisted for five minutes before turning downward and soon fell to HK$24.

Yu Hongbo stood up from the computer, and team members began to report their respective situations to him. Needless to say, the 500 million shares that had been brought in this time had been cleared.

"Okay! Everyone has done well. However, our work is not over yet. We are all keeping an eye on the stock price trend of Xiangjiang Telecom and must not relax."

You must know that this batch of stocks obtained from securities lending is just equivalent to something borrowed. When the time comes, they will still have to be returned to others.

After arranging the work tasks, Yu Hongbo was not in a hurry to report to Hu Yang and continued to sit down and stare at the board.

Hong Kong Telecom's stock price did not continue to plummet, but slowly fell below 24 Hong Kong dollars and was moving closer to 23 Hong Kong dollars.

"Huh? Why are the funds from the market missing?"

Yu Hongbo could clearly see from the market that the large funds that were still supporting the market had gone silent. This was easy to judge. If the supporting funds had not offset the pressure of Yu Hongbo's short selling, the stock price of Xiangjiang Telecom would have dropped sharply at this time.

It can't be above HK$23.

But at this time, some investors also started selling. The funds supporting the market stopped moving, and the stock price naturally fell slowly.

At this time, more and more investors reacted. Without the capital injection from Singapore Telecom, Xiangjiang Telecom's financial difficulties will soon become apparent.

However, these investors are also retail investors with small amounts of funds, and the market has not yet formed a synergy. Therefore, Xiangjiang Telecom's stock price did not fall below HK$23 for more than ten minutes.

Yu Hongbo sighed. He could only say that the Li family was still very strong. The 500 million shares in his hands were basically hedged by the other party's funds, which did not cause much damage.

.

"There is nothing to see anymore. The stock price of Xiangjiang Telecom is expected to slowly decline. It may take several months to fall to our expected target level."

When you short a stock, you naturally sell it at a high price and buy it at a low price, and you earn the price difference. At the same time, you also hit your opponent's financial strength, which can be said to kill two birds with one stone.

Of course, the shorter the process, the better, and the lower the capital cost. But now it seems that it may take several months to achieve the goal.

Yu Hongbo will inevitably feel that it is not perfect.

So, he planned to report to Hu Yang's office.

But when he just stood up, a huge amount of tens of millions of orders suddenly poured out, and then one after another such large orders began to destroy the market.

At this time, Li Kaize's market support funds had been used up. Moreover, Singapore Telecommunications had withdrawn from the stock participation plan, and both he and Li Kailong had given up their thoughts on supporting the market.

There is no point in investing more money in it. If the company's fundamentals do not change fundamentally, the stock price will return to its original appearance sooner or later.

Because there was no resistance, Xiangjiang Telecom's stock price fell very quickly. Ten minutes later, it fell below 22 Hong Kong dollars and was heading towards 21 Hong Kong dollars.

"Who is this? So fierce?"

The timing of the funds to smash the market was very good, which meant that Yu Hongbo had just completed the task of attacking the enemy, and this guy came over to clean up the battlefield immediately.

Moreover, the effect of this time's smashing did not end there. It was obvious that the market began to panic, and various rumors emerged. Not only retail investors, but also many large investors also joined the selling ranks.

Twenty minutes later, Xiangjiang Telecom's stock price plummeted, falling directly below 19 Hong Kong dollars.

By the time the market closed, Xiangjiang Telecom's stock price had halved from the previous trading day, closing at HK$13.32.

It can be said that Xiangjiang Telecom's stock price has collapsed.

Full of excitement and doubts, Yu Hongbo came to Hu Yang's office.

"Boss, we have sold out all the stocks we have, and the average selling price is HK$24.36. However, Xiangjiang Telecom's stock price fell very strangely afterwards, and there are obvious signs of the intervention of large funds."

Yu Hongbo also thought about whether Hu Yang had a backup plan, but he didn't dare to ask. If the boss told him, he would take the initiative to speak, but if he didn't tell him, he didn't want him to know.

"Lao Yu, I know what you are thinking. It was Mr. Chen who smashed the market later. The timing was just a coincidence. Okay, you did a good job in the first half of this matter. Keep an eye on it and remember to call back when you are in a low position.

Replenish the stock."

The subtle changes in Yu Hongbo's facial expressions all fell into Hu Yang's eyes.

In any case, the other party was his confidant, so Hu Yang gave a brief explanation. Of course, there was no need to tell him the specific details. It was enough to reveal a little information.

As much as Chen Jialin hates Wesley in his heart, he hates the people of the Li family. Especially Li Kailong, who is always obsessed with Liu Jia's case, and he will never miss the opportunity to take revenge.

Hu Yang's short selling of Xiangjiang Telecom was not hidden from Chen Jialin. After Chen Jialin learned about it, he gritted his teeth and together with Chen Hao, he spent a large amount of money and bought 200 million shares of Xiangjiang Telecom in Xiangjiang.

He doesn't care about making much money, just waiting for the moment when he falls into trouble.

At that time, Chen Jialin really found it himself, and he did not communicate with Populus euphratica.

At that time, he felt that the stock price of Xiangjiang Telecom was a bit unbearable, so he threw out all the stocks in his hands.

As a result, both Yu Hongbo and the Li family were running out of ammunition and food, and Chen Jialin's intervention became the straw that broke the camel's back.

Of course, the decline in Xiangjiang Telecom's stock price was mainly due to its internal reasons. The failure of external investments resulted in huge losses, and Singapore Telecom's shareholding failed again. This was the fundamental factor for the decline.

Under normal circumstances, Xiangjiang Telecom's stock price trend will fall slowly with twists and turns as predicted by Yu Hongbo. After a few months, the decline will also be huge.

The intervention of Hu Yang and Chen Jialin only accelerated the process.

Half a month later, Xiangjiang Telecom's stock price fell to around HK$6, and Yu Hongbo followed Hu Yang's instructions to cover the stock.
To be continued...