Chapter 1020: Spring Bamboo Shoots (10)

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 The investment circle is very narrow, and any news can spread all over the place very quickly.

The news that the plank road from Beihai to Inner Mongolia built by Beihai Road and Bridge was fined 100,000 taels of silver by the Ministry of Industry and Maintenance Department due to quality problems and that the right to build this plank road was revoked has spread in the community. This road is owned by Beihai Road and Bridge.

On the main plank road, the company has invested more than three million taels, occupying all the working capital and loans. This time, it is equivalent to losing all the money and hurting the vitality.

As the news spread, the stock price fell by 20% in just a few days. Xu Ren took advantage of the low price and took in 5 million shares. Adding the 5 million shares given to him by Jiang Yan, the number of shares in his hand reached 10 million shares.
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Major investment newspapers sent special personnel to inquire about this matter, and received an unequivocal answer from Beihai Road and Bridge: This is absolutely not the case.

As soon as the company refuted the rumor, the stock price rebounded by 15% in retaliation. Xu Ren sold the 5 million shares he had bought at a low price at a profit, leaving 5 million shares ready to be sold.

Zhang Xun couldn't sit still and went to Jiang Yan, "My nephew, is it true that Beixin Road Bridge was punished by the Battalion and Repair Department?"

"Uncle Shi, don't worry. Although there are some quality problems on that section of the plank road, my nephew has had the problematic road rebuilt and taken care of it, Mr. Chen, so it shouldn't be a serious problem," Jiang Yan said calmly.

"That's good, that's good!"

Zhang Xun left with peace of mind. Although there was competition between Shaanxi businessmen and Huizhou businessmen from time to time, he did not doubt Jiang Yan's words. After all, the Jiang family also held shares in Beihai Road and Bridge. If the stock price fell, it would not benefit anyone.
Five days later, news came that Beihai Road and Bridge had been fined 100,000 taels of silver by the Department of Construction and Maintenance and that the right to build a plank road from Beihai to Inner Mongolia was cancelled.

Shareholders were in an uproar and sold one after another. Xu Ren took action again, with a big order that drove the stock price down by 50%. Then he took advantage of the low price and bought it again, and then sold it again. Then he bought it again, and sold it again. Until investor confidence completely collapsed, and the stock price was as low as 30% off.

.

The Beihai Road and Bridge stocks pledged by the Zhang family to Daming Bank were at a 40% pledge rate. When the bank's supervisor found Zhang Xun, he was listening to a play in the opera garden. The old man had no other hobbies but just listened to music.

"I want to go back to my hometown, but I don't have any money, so I beg for help along the way." Hearing the enthusiasm, he sang "Lian in the Bowl" of Qin Opera.

"Mr. Zhang, something has happened. I am here to tell you on the orders of Manager Hu of Daming Bank that the stock price of Beihai Road and Bridge has plummeted by 70% today and has fallen below the liquidation line. If you cannot provide four million taels of cash or equivalent value within ten days,

If you re-pledge your assets, our bank will have to close the position for you.

"What!"

The sonorous and powerful Qin Opera sound stopped, and Zhang Xun was so shocked that his heart ached.

However, a generation of wealthy businessmen who are prosperous in the business world naturally have stronger psychological endurance than ordinary people and rich experience. A few days ago, Jiang Yan asked him about the plank road.

, it seems to be a trap set by the Jiang family against me.

Huh! A mere four million taels of silver can't save my life! Although most of the Zhang family's cash was spent on three shipbuilding yards in Guangdong, there are still a lot of collaterals such as fields, houses, and shops. Zhang Xunming

Send it to the bank for mortgage.

Unexpectedly, Gu Guanshi of Daming Bank refused to accept these items on the grounds that they were not easy to value.

Zhang Xun was dumbfounded at this time. He wanted to borrow money from other banks, but he couldn't lend such a huge amount of money for a while. He had to find the manager to smooth the relationship. Unexpectedly, the other party was polite before, but now he refused to extend the pledge as if he had taken the wrong medicine.

Object.

When the deadline came, a large number of liquidation tickets were sold regardless of the cost. Coupled with the rumor that "Beihai Road and Bridge was about to go bankrupt and liquidated," the stock price dropped to 10%.

A mysterious fund appeared, and he secretly bought it. It was Jiang Yan's handiwork. In just a few days, he increased his shareholding from 30% to 50%, firmly controlling the company.

Due to all the pledges and the sharp plummet in stock prices, Zhang Xun had no shares left of the eight million taels of stocks he held, and he still owed Daming Bank 500,000 taels.

When the news came, Zhang Xun was so angry that he vomited blood and fainted.

Then the opponent did not give up on him. The news that the Zhang family's capital chain was broken and liquidated quickly spread throughout the major banks and chambers of commerce. No one dared to lend money to Zhang's company anymore, and funds became even tighter. What's even more frightening is that,

It caused a chain reaction in the stock market. The stock price of Guangdong Shipbuilding, Zhang Xun’s lifeblood, fell by 20% and is still falling.

He saw the business opportunities brought by the development of maritime trade, founded three shipyards in eastern Guangdong and packaged them for listing, naming them "Guangdong Shipbuilding". Because the shipbuilding industry required huge funds, he only held 30% of the shares.

A mysterious force saw the weakness of his low equity ratio, and took advantage of the falling stock price of Guangdong Shipbuilding to quietly acquire it. According to his analysis, the other party has acquired 20% of the shares, and is still in the process of acquiring it. If this continues,

Soon he will lose control of Yuedong Shipbuilding.

Who is this power? Zhang Xun knows clearly, Jiang Yan, no, it’s Jiang Guomao, a kid like Jiang Yan doesn’t have this ruthlessness!

The Jiang family has made a fortune, made a fortune!

After defeating Zhang Xun and acquiring 50% of Beihai Road and Bridge's shares, Jiang Yan suddenly announced in a high profile that he would inject the high-quality asset Fubo Port into Beihai Road and Bridge in the form of equity s Hearing that Beihai Road and Bridge was about to have high-quality assets injected into it, the stock price went crazy.

Funds poured in, not only recovering the decline, but also rising by half a percent.

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"Teacher Liu, you said earlier that the Beihai Road and Bridge was fined 100,000 taels of silver by the Department of Construction and Maintenance and that the right to build a plank road from Beihai to Inner Mongolia was revoked. This was a major negative in terms of value, and you asked us to sell it all. But now it has increased again.

I'm back, what can I do?"

At RiRi Red Restaurant, Liu Shitou was surrounded by fans and asked anxiously.

Liu Shitou felt extremely aggrieved. After the bad news came out, he acted quickly and sold everything, only losing 20%. He was lucky. At the beginning, he was still complacent when looking at the stock that had dropped by 90%.

Adhering to the principle of value investment, I bought some more to "buy the bottom". Unfortunately, I was not brave enough and only bought a small amount. I didn't expect that the check would rise so quickly, and the position in my hand was too small!

Although he felt aggrieved after losing money, the teacher still had to maintain his airs. He forced himself to be calm and explained: "Value is always changing. A few days ago, Beihai Road and Bridge lost the right to build roads in Inner Mongolia. This made

If its value falls, it is natural to sell it; during these days, with the injection of high-quality assets and its value rebounding, there is nothing wrong to buy it."

"Teacher Liu, Beihai Road and Bridge has increased so much, can I still buy it?" asked a fan.

"Chasing high prices is naturally wrong and dangerous, but as you said, it has risen so much, it cannot keep rising, and there will be a correction. You can take advantage of the correction to buy it back," Liu Shitou said firmly.
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Beihai Luqiao has really pulled back, and Teacher Liu is indeed an honest man. This time, he is full of positions.


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