The opening reward of the city is one billion

Chapter 504 Shocked



Chapter 504 Shocked
Driven by this factor, the stock price has been very strong, and it has regained the momentum of the previous loss in one fell swoop. It has risen by 100% since the opening in the morning.

The current price is 4 yuan!
"Fucking shit, Fuck! Fight me? I'll see how much you can get!"

David sneered, and threw aside the HSBC unlimited credit contract in his hand. He still had several similar documents, including the unlimited credit contract of Imperial Bank and Citibank, which was enough for him to mobilize tens of thousands of dollars. billions of dollars.

It's all the work of Bell Labs.

When Bell Labs saw that the stock price of the bright future that had been sanctioned by itself not only did not collapse, but instead skyrocketed several times compared to the previous period, how could they let go of their face?
Their strength can affect Wall Street, the headquarters of the Federal Reserve, and the Congress of the beautiful country!
Powerful!

The average medium-sized country is unwilling to face their sanctions!
This is the background of being backed by the largest and most advanced scientific and technological research institute of the only superpower in the world.

Terrible indeed.

Yang Jin has chased high and high all the way, but the rock in his heart is still hanging. Sitong is the pawn of Bell Labs, and they will not give up so easily.

Sure enough.

Just as he was staring at the market, the scene suddenly changed, a large amount of sell orders poured out, the stock price of 4 yuan did not even have a reaction time, it was knocked down almost instantly, and it jumped to 0.1 yuan directly!
The speculators in front of the computer charts were boiling.

Those who were carrying on the short-selling all of a sudden had several times and dozens of times of profits, while the short-sellers who cut their flesh because they were afraid that they would not be able to cover their stocks tomorrow were in great pain!They watched themselves pass by wealth, each one beat their chests and feet, and many monitors were directly smashed to pieces by the angry masters.

Rhine from the Lion Fund smiled slightly. As I expected, Wall Street has made a move. This time, the bright future really has no future at all.

As soon as it fell to 0.1 yuan, the message of forced delisting was sent, as if the exchange had been waiting for this moment for a long time.

"The stock price of Good Future has fallen to 0.1 yuan, triggering the automatic forced delisting process. Investors are requested to bring their own information and clear the stock in time, otherwise they need to come to the exchange to solve it in person."

This information is synchronously sent to all Bright Future shareholders.

The meaning is very clear, if you don't sell stocks now, you have to go to HK to handle it.

"This is too bullying! Exchanges and short sellers must have PY transactions!"

For the stock price to be dropped to 0.1 yuan, he was mentally prepared in advance. Although he was surprised that the other party made such a quick move, he could accept it.

The exchange's news bulletin shows that the horses and horses are on the wrong side of the road!
As an exchange, fairness, or superficial fairness, is crucial. Such shameless favoritism is a great blow to the reputation of the exchange.

What kind of forces and conditions did they use to facilitate this matter?
At this moment, the stock price changed again!
0.1 yuan fell to 0 yuan!
Yang Jin looked dumbfounded!

No matter how worthless a company is, the minimum fixed assets and brand are still there, right?Fall to 0 yuan?Unheard of!

This is not the end!
He looked up again,
Bright future, the current stock price, -0.1 yuan.

Yes, he read it right!A stock actually has a negative number!

He remembered the announcement in the morning: "Beautiful Future's Temporary Regulations on Margin Margin and Securities Lending: Remove the Upper and Lower Limits of Stock Prices."

The world is in an uproar!

"It appears that the bottom line for Occidental, like the stock price of Bright Future, is negative."

"Sure enough, it's pirate thinking. They discovered the New World, exterminated the aborigines, sold black slaves, and did all kinds of bad things. They have no bottom line."

Lin Chen was completely shocked.

The stock price is negative, and the stocks I bought with money turned out to be in negative equity. This magical thing actually happened.

The stock price is still falling, -0.1, -0.3, -0.5, -1...

The news was published in the economic news all over the world, and economists began to forcibly analyze it from the cost of holding shares, company liabilities, etc.

"In fact, Bright Future has already been heavily in debt, and their assets have always been negative. Today's stock price is well-deserved."

"Yang Jin is a big liar. He founded a company, used the free strategy to hype it, and then went public to collect money. He suggested that the relevant departments take the opportunity to interview."

"What are you going to talk about, just arrest me! Fine! Sentence! Let him compensate me for the loss!!! Who knew that I bought 1 yuan worth of stocks from his family, and now I owe 5000 yuan! Where do you make sense?"

"Yes! Catch it! Lose money, lose money! Big liar!"

Those promising investors are angry!

Some of them bought it when they were more than a dozen yuan. Although they fell, they always thought that they would rise back one day. As a result, let alone the rise, they bought stocks with their own money and had to compensate the exchange for losses!
Some impulsive investors began to hold banner demonstrations at branches with bright prospects.

Is there anything crazier than this in the world?

Have!
Something that shocked Lin Chen even more happened.

Tomorrow is the settlement day of securities lending, the last day for investors who use securities lending to sell short to buy stocks to close their positions.

If they can't buy to close the position, then they have to compensate the exchange ten times the stock price!

However, the stock price is negative!
Now it's -2.5 yuan...

Therefore, the short position needs to compensate the exchange at -2.5 yuan.

If a short seller has 1000 million shares of a promising stock with a current price of 2.5 yuan, they need to pay the exchange 2.5 yuan x 1000 million x 10, a total of 2.5 million yuan, because it is ten times the compensation.

但现在是负数,-2.5元,他们需要向交易所赔偿-2.5元×1000万×10=-2.5亿元。

How to pay for negative numbers?
Negative is positive!

Of course, it is borne by the exchange, which needs to pay 2.5 million yuan to the short seller.

The exchange was unwilling to bear such a loss, and the compensation fell to Yang Jin, the legal person of the company.

Short sellers breached the contract, but got compensation instead, and novels dare not write like this. (A certain bank’s Crude Oil Treasure understands that the reality is far more absurd than the story.)
It seems that Lin Chen feels that he has to show his cards. Otherwise, Bright Future, the leading company in China's online education, will go bankrupt and close its doors, and foreign forces will take advantage of the opportunity to take over the shares of Bright Future. Make waves.

"Is it Yang Jin? I'm David from Sitong Company."

You are finished, I have unlimited credit from HSBC, Citibank, and Wells Fargo, and I can mobilize a steady stream of funds!Fight with me?You are not enough. "

I advise you not to struggle anymore, obediently hand over all the shares, and the sky-high compensation will naturally disappear, otherwise, even if you sell your entire Yang family, you won’t be able to make up so much. Money comes. "

"Oh? Really? Do you know an old saying in China?"

"what?"

(End of this chapter)


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