(I am visiting and studying in other places this week, so I will update as I see fit - I will try to go back to the hotel every night to write a chapter. If not, I must be too tired...)
Dongsheng's debt crisis is urgent. If no measures are taken, it may all break out within a day or two.
Since funds have been tight for more than a year, Ding Zhaoqiang has tried his best to borrow new money to repay old ones and to move long-term and short-term debts. This has also led to the fact that the Xinhai financial circle is generally aware of the problems faced by Dongsheng, which cannot be concealed.
Once Dongsheng's stock price falls below the liquidation warning line, it will be difficult for Ding Zhaoqiang to raise part of the supplementary funds in a short period of time. How can he completely resolve the entire crisis that is like a cliff collapsing?
Without any strings attached, Cao Mo directly promised to buy 200 million Dongsheng shares in the next two days and merge them with Chen Rong's shares so that Dongsheng's stock price would not fall immediately | Close the position
Vigilance line, this will buy more negotiation time for Dongsheng and the Ding family. Cao Mo shows that he has no intention of forcing, what can Ding Zhaoqiang say?
Of course, Ding Zhaoqiang would not conclude that Cao Mo was a good guy.
After Cao Mo bought 200 million Dongsheng shares and signed a concerted action agreement with Chen Rong to consolidate and calculate the cooperative shares, according to legal regulations, there will be a lock-up period of at least six months, but this does not fundamentally solve the problem of Dongsheng.
crisis faced.
No matter which party the Ding family chooses to cooperate with, no matter how much benefit they give up, they must solve the debt problem they face, so as not to completely collapse the Ding family; and in the end, the negative impact on the listed company Dongsheng Group will also be
As time gradually smooths out, the market value will one day return to normal levels.
Unless the Ding family cannot reach a compromise with anyone in the end and puts the Dongsheng system into the abyss of complete disintegration, otherwise, the investment that dragged Cao Mo in will be profitable, and the risks to be taken are actually very high.
Small.
Everyone has set their sights on Ding Zhaoqiang. Even the old man Ding Xuesheng has stopped taking care of the company's specific affairs for many years. Cao Mo has shown his sincerity, so Ding Zhaoqiang has to show his attitude first.
Chen Rong dragged Cao Xiong to accompany her. As a director and shareholder of Dongsheng Group, she could not stay out of the matter, but the main thing was to see whether Cao Mo and Ding Zhaoqiang could reach a cooperation.
Ding Zhaoqiang pondered for a moment, then looked at Cao Mo and asked: "When the market opens tomorrow, we will release 30 to 50 million shares at the lower limit as soon as possible. Can Tianyue Investment take over this part of the stock as soon as possible?"
Ding Zhaoqiang is willing to lower the stock price to the lower limit tomorrow and let Cao Mo take over part of it. In addition to reducing Cao Mo's cost of receiving the goods, the main reason is that the funds he can use to protect the market are too limited.
Since Cao Mo promised to buy a part of Dongsheng's stocks, he simply transferred part of the stocks he secretly held to Tianyue in order to cash out more protective funds and transfer more chips.
and take the initiative into their own hands to deal with potentially worse situations.
"No problem, we will take 50 million to receive part of the stock when the market opens tomorrow, and the rest will depend on the situation!" Cao Mo knew Ding Zhaoqiang's plan, but it was not a loss for him, so he nodded and agreed, saying, "
However, it is best to keep Dongsheng’s shareholder changes a secret from everyone. It would not be a good thing for Han Shaorong to realize that we have intervened in Dongsheng’s debt crisis too soon..."
Ding Zhaoqiang glanced at Shen Ji, nodded with a solemn expression, and said: "Zhou Xinze, the secretary of the board of directors of the listed company, is the new one and will not leak secrets at will..."
Ding Zhaoqiang had previously intended to seek help from Han Shaorong. As long as Dong Chengpeng was willing to lead the way, it would be hard not to arouse Ding Zhaoqiang's suspicion. However, Cao Mo noticed that Ding Zhaoqiang glanced at Shen Ji subconsciously just now. It was obvious that he thought it was Shen Ji who had tipped off the information, so he would guess. There is something wrong with Dong Chengpeng or some people within Dongsheng!
Cao Mo just smiled inwardly:
Shen Ji now has a net worth of over one billion, but he still falls behind Tianyue. Isn't it normal for his uncle to be jealous of him because he wears the same pants?
"In order to paralyze Han Shaorong, we don't have to meet directly in the next few days. The old chairman and Mr. Ding can also go to Han Shaorong to talk about cooperation. Just think of it as an attempt to make an attack in the east and hide the truth in the west. It is best to deceive him into using his hands. If all the chips are thrown out, then his threat to Dongsheng will be much smaller. And whenever we both have any opinions, conditions, or things that need to be textual, just let Shen Ji take charge!" Cao Mo said .
"Then let's settle this first!" Ding Xuesheng said readily, "I also hope that both parties can reach an agreement as soon as possible to cooperate."
"I hope so." Cao Mo glanced at Ding Zhaoqiang, stood up and said to Ding Xuesheng, "It's so late, so we won't disturb the old chairman's rest anymore. Let's look at each other's performance next!"
Cao Mo was indeed tired. It was only his first day back home, and he didn't have time to fully communicate with Qian Wenhan and Ge Jun about Dongsheng. The matter could only be discussed at this stage for the time being. More specific conditions would have to be discussed. We will find out tomorrow after we have an appointment with Qian Wenhan and Ge Jun to discuss it.
Cao Mo didn't want to appear too eager or impatient, so he said goodbye to his father and Chen Rong and left.
…………
…………
He went to bed too late on the first day. The next day, after Cao Mo had breakfast with Cheng Xi, he rushed to Muxiang Capital in time for the opening of the stock market. When it came to the exchange of Dongsheng's protective funds, Shen Ji was earlier than him. He had already rushed over.
"Why did you just come here? The market is about to open?" Shen Ji looked at the yawning Cao Mo and asked.
"I'm not even jetlagged. You called me over so late last night. It should be when my biological clock is sleeping."
Cao Mo pulled up a chair and sat down. He looked at the screen hanging on the wall of the trading room. It showed that the call auction time had passed. Taihua opened sharply lower by four points during the call auction. It did not fall directly to the limit. The call auction was only about two points. The transaction of more than 10 million yuan was somewhat different from what they predicted yesterday.
However, at this moment, everyone’s focus remains on Dongsheng’s stock price trend.
Because Ding Zhaoqiang wanted to transfer part of the Dongsheng stocks he secretly held to Tianyue, he directly used 60,000 lots of stocks with a market value of nearly 50 million during the call auction to push the stock price to the limit.
Ding Zhaoqiang secretly hit such a large limit all at once, which naturally scared other investors to follow suit and sell goods. Few people dared to enter the market at this time, licking the blood from the knife edge.
Cao Mo saw that after the market officially opened, more and more sell orders were piled up on Dongsheng's lower limit board. After a quarter of an hour, there were 120,000 stocks accumulated, and the total market value was close to 100 million.
He looked at Shen Ji and asked, "Are you sure your stocks are listed in front?"
"It has been confirmed that the more than 60,000 lots behind are retail investors who were scared out," Shen Ji pulled up a chair and sat down and said, "To prevent Han Shaorong from noticing that there is a position transfer operation between Dongsheng and Tianyue, this It’s not advisable to buy too fast while buying. It’s enough to be able to buy 50 million in the morning, or it can be lower.”
"If we buy too slowly, it will be difficult to attract hot money into the market. Will your uncle mistakenly think that we are playing tricks again?" Cao Mo asked.
"This is what my uncle told me on the phone this morning. He thought this would be a more appropriate operation," Shen Ji said.
"So, he thought about it last night and didn't sleep all night and decided to trust us a little more?" Cao Mo asked with a smile.
Shen Ji could only shrug and said, "Otherwise, what can he do?"
"Then let's listen to Dongsheng's arrangement. Let's buy all the 50 million yuan in batches in the morning!" Cao Mo said to Jiaying, who was standing in front of the screen energetically and staring at the rapidly changing transaction data.
"We are brothers and sisters, shouldn't we also 'settlement the accounts openly'?" Jiaying turned around, clasped her hands in front of her and stared at Cao Mo and asked.
"Ah? What are you trying to settle? You gave me a McLaren for nothing, so you finally feel guilty and want to pay me more?" Cao Mo asked pretending to be confused.
"You gave me the McLaren, how can you have the nerve to settle accounts with me openly?" Jiaying screamed, "We initially agreed to help buy and sell Taihua's stocks in Tianyue's special investment account, but we didn't agree to pay them back. To assist Dongsheng in protecting the market, you have to add money!"
"You are so shameless. Dongsheng's stocks are locked up when you buy them. I can operate them even after taking a puppy from the street - the fees here are so expensive, I'm thinking about changing to another trading company." Cao Mo touched his chin and said.
"You are the puppy!" Jiaying came over, grabbed Cao Mo's arm and said coquettishly, "Brother, just give us an extra sum of money first. Mu Xiang has no operating funds. How are we doing? It's also professional-level, and you don't have to worry about the safety of your funds in our hands - just for this reason, the services provided by Muxiang are worth two million more!"
"In the other account, you didn't even get the working capital?" Cao Mo asked.
"You don't know how bleak the market is now. If another account can barely maintain without losing money, it is already powerful enough. How do you expect to earn operating funds from dividends? Go and find out for yourself how many investment institutions there are in Xinhai. How many investment institutions are there in Xinhai? How many of them make a profit every month? Just because we didn’t cause you any losses, you should give us a bonus." Jiaying cried bitterly.
"Then we brothers and sisters have to settle the accounts clearly. If I open the back door for you, the most I can do is let Tianyue Investment transfer the guaranteed amount of four million to Mu Xiang in advance. No additional fees can be added. It's too casual. Tianyue Investment's future The account will be unfair." Cao Mo said.
"Well, who told me to have a stingy brother!" Jiaying stood up happily and couldn't wait to say to Wu Ruifang who was standing at the door, "Muxiang has a guaranteed fund of four million, and he can accept all the funds discussed. come over……"
If Mu Xiang wants to develop, it cannot rely solely on Cao Mo and Tianyue, a major customer, to survive.
Especially for Cheng Xin and Wu Ruifang, if they don't want Muxiang to eventually become a game where Cao Jiaying wins or loses, they must develop new customers and businesses in addition to Cao Mo and Tianyue.
When they entered this industry, even without the help of Cao Mo and Tianyue's connections, they got to know some people who had investment needs.
Although the scale of these funds is not large and the requirements are high, they currently only have these funds and customers to fight for.
The market continues to fall, and is now about to fall below 1,700 points. Cao Jiaying herself, Cheng Xin, and Wu Ruifang all believe that new opportunities are coming, and they are actively raising funds.
However, unlike the relaxed conditions given to them by Cao Mo, the requirements for funds with financial management needs they encountered elsewhere were much stricter; it was impossible for external funds to relax their vigilance towards a team like theirs.
They came into contact with a lot of small-scale funds, and the talks were relatively good. They also asked Mu Xiang to inject a certain percentage of bottom funds into the financial account.
Muxiang is starting to sail again. The meager management fee income is barely enough to maintain the company's operations. Where can we provide the bottom line funds?
Now that Cao Mo has agreed to allocate 4 million in commissions, proportionately they will be able to receive 30 to 40 million in small-scale investment funds, which means that Mu Xiang will have a better start in terms of funding for independent operations.
"What other news did Taihua have today?"
In the morning, Dongsheng slowly took in 50 million from the bottom limit, and the operation became really boring. Cao Mo turned his attention to Taihua's time-sharing trend chart again.
The screen showed that Taihua's stock price opened four points lower, dropped quickly to 6% at the opening, and then rebounded quickly. Currently, the stock price is fluctuating around a 3% drop, and has not dived further.
Cao Mo got up too late and didn't have time to browse the news or work emails. He accompanied Cheng Xi to have breakfast and rushed directly to Muxiang. He didn't know what was happening on the Taihua news page. He couldn't understand the situation on the board. It was Taihua overnight.
Is there any good news coming out, or Taihua secretly mobilized some funds to protect the market and is buying heavily.
However, seeing that the trading volume has not increased too much, it may be judged that the decline after the opening is just an inheritance of the inertia of yesterday's crazy decline, and Han Shaorong did not continue to launch a fierce offensive.
"Based on yesterday's momentum, Huamao will continue to attack without hesitation today," Cheng Xin said. "It is very likely that Dongsheng hit the stock price to the limit on its own, which made Huamao think that the actions of both parties were
Slowing down..."
"Let Huamao guess what he wants. If they can endure it and don't operate, that's their freedom. Just operate according to the established rhythm!" Cao Mo didn't waste time here. He ordered Jiaying and Cheng Xin, and then took Shen with him.