Cosmic Trading System

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Chapter 103 Not Enough Money

Soon, another week had passed.

Those purchasing personnel once again bought 500 million yuan worth of various resources for Lin Yun, allowing him to exchange them for 150 spiritual crystals.

Gold is the only relatively good deal; 270 million gold can be exchanged for 100 spirit crystals.

Other resources were less valuable; it took 230 million resources to exchange for only 50 spiritual crystals.

At this moment, Lin Yun felt deeply that he didn't have enough money.

In less than ten days, he spent 800 million Chinese yuan on purchasing various resources.

He almost spent all the money Li Hang had transferred to him last time.

If we add the money spent on buying gold and various resources, Lin Yun has spent more than one billion yuan in total.

Fortunately, in the past few days, Li's Jewelry Store sold several more top-quality and exquisite jewelry pieces, and Li Hang transferred another 300 million to him.

In addition to the profits from Qingyun Restaurant and Qingyun Hotel, the sales revenue from Qingyun Power Bank, and his original savings, he still had more than 500 million yuan.

However, according to those procurement personnel, as long as you have money, it is not too difficult to purchase various resources.

Five hundred million, if spent boldly, wouldn't even take a few days to use.

There's just not enough money.

However, the money was well spent.

Lin Yun spent another hundred spirit crystals to expand the range of the cosmic trading system's absorption and refinement of spirit energy to a radius of three hundred meters.

Currently, during the day, the Cosmic Trading System is accumulating about fifteen spiritual energy points per hour. Over the course of a day, Lin Yun has obtained nearly two spiritual crystals.

Most importantly, because the area has expanded, Lin Yun also gains a significant amount of spiritual energy points at night. Now, he can gain around seventy energy points per night.

In one day and one night, Lin Yun gained more than 260 spiritual energy points, which is more than two and a half spiritual crystals.

This is a terrifying statistic.

At this moment, Lin Yun's speed in obtaining spiritual crystals using the Cosmic Trading System has far surpassed that of Xing Lan.

Currently, Lin Yun's spiritual essence still has seventy pieces.

With just thirty more, he could expand the radius of the Cosmic Trading System's absorption and refinement of spiritual energy by another hundred meters.

Tianyu Group's main business is the processing of electronic products.

To put it simply, it's a larger processing plant.

The business of this processing plant is very important.

Once business is lost, prices drop significantly.

These days, bad news about Tianyu Group has been constantly being posted on the front pages of major portals.

Tianyu Group's stock price has been hitting the daily limit down every single day without exception, and the current stock price is only a quarter of what it used to be.

Naturally, Tianyu Group's market value is only one-quarter of what it used to be.

Originally, Tianyu Group's market value was over 13 billion yuan, but now it's only over 3 billion yuan.

Given the generally normal fluctuations in the overall market, the magnitude and speed of the price drop are alarming and extremely rare in the entire Chinese stock market.

This outcome was largely due to Tianyu Group using a large number of shares to offset loans. When the stock price fell to a certain level, those shares were dumped by major banks. Some small investors who wanted to buy at the bottom were also completely wiped out.

Many experienced stock traders find it strange that despite the stock price falling to such a low level, there is no large amount of capital involved in its trading.

Even if it's a shareholder trying to save themselves, shouldn't there be some initial impact?

Only Lin Yun probably knew the reason.

Before investing in a stock, large funds will definitely conduct thorough research on it.

There's obvious manipulation of Tianyu Group's stock. Before trading this stock, you need to investigate thoroughly to avoid getting caught in a trap or falling into a trap.

Later, many large investors, like the securities regulators, discovered that those who were suppressing the stock seemed to be very good at spreading information.

In the Chinese stock market, there are many secrets among large funds, but they also have many secrets. They love to use all kinds of information to do all sorts of things, and they also fear the exposure of all kinds of information. After discovering this matter, they immediately abandoned their operations on Tianyu Group's stock.

In the Chinese stock market, with so many stocks available, they don't necessarily need to focus on just one particular stock.

As for the shareholders of Tianyu Group, the major shareholder Zhang Zhongguo was crippled at the beginning, and many shareholders ran away. Which of the remaining small shareholders would dare to take over?

If you dare to accept the offer, reality will surely throw you into a trap from which you can't get out.

Therefore, Tianyu Group's stock has been falling ever since.

Zhang Zhongguo looked completely haggard.

Tianyu Group's market value has dwindled to just over 3 billion. A few days ago, he spent a lot of money manipulating Tianyu Group's stock. Based on the value of his shares, he is already insolvent. Not to mention, Tianyu Group used a large number of shares to offset loans some time ago, and still has a lot of debt.

He's completely finished.

Now, people surround his villa every day, demanding payment.

He had no way to get away.

No, it can no longer be considered his villa; the bank has already notified him that they are preparing to seize it.

"That's about it..." Lin Yun said softly, looking at the stock price of Tianyu Group on the computer.

Today, Tuesday, the stock market is open.

He called the traders and instructed them to begin a large-scale, unlimited acquisition of Tianyu Group's shares.

Those traders were already in awe of Lin Yun.

Since Lin Yun shorted the stock, Tianyu Group's stock price has been falling all the way down to a quarter of its original value, which is quite unbelievable.

They only operated it on the first morning and have been idle for many days since.

Upon hearing Lin Yun's order, they did not hesitate and immediately began acquiring shares of Tianyu Group.

They are simultaneously acquiring assets in both block trades and the secondary market.

At this time, there were already many sell orders for Tianyu Group shares on the block trading platform.

Many prices are even significantly lower than current stock prices.

Some small investors, whose information sources are not very good, originally wanted to buy at the bottom or make a quick in-and-out trade. Even if someone was manipulating Tianyu Group's stock, they still planned to take a big bite out of this stock.

However, to their surprise, once they got in, they couldn't get out.

The stock price of Tianyu Group kept falling, leaving them helpless.

Now, all they want is to get out, even if it means losing some money.

The traders Lin Yun hired began to sweep up these orders on a large scale.

In just over ten seconds, all of these orders disappeared.

Next came the secondary market, the market where retail investors buy and sell stocks and where stock prices fluctuate constantly. They started placing one large buy order after another.

There were two to three million lots of shares at the limit-down price.

At this moment, this number begins to decline rapidly.

Online, the stock forum for Tianyu Group exploded once again.

"Holy crap, finally someone's starting to place massive orders!"

"This is truly massive. I just discovered that all the large-volume trading orders have disappeared!"

"Finally, big money is starting to manipulate this stock? Buy now and wait for it to hit the daily limit!"

"Severely oversold, a super rebound is coming, a great opportunity, start buying!"

"The price has fallen enough; it's time to buy in with a portion of your holdings!"

"Cancel your order immediately! The price will definitely go up later!"

"This time, we might not be able to pull it up either. Considering the lessons learned before, this might also be a trap, and once we go in, we might not be able to get out!"

"No rush. If a counterattack really starts, it usually won't be on the day the price opens. Let's wait a couple more days and see!"

Many stock market investors reacted in various ways, expressing their opinions.

Many stock investors are acting blindly, buying stocks one day and canceling sell orders the next.

Many investors remained calm and waited patiently for an opportunity.