Chapter 224 Short Selling

The founder of Huangtian personally criticized Tianqiong, and even Congress was mobilized and announced that it would hold a hearing.

As soon as the news was released, the whole country was shocked, and even people who didn’t go online knew about it.

As the head of the Sky Humanities and Technology Foundation, Lin Wei has always been well-informed and was the first to learn the news.

She stared at the computer screen in front of her, her brow furrowed. Public opinion was deteriorating too quickly, as if someone was manipulating it from behind.

Could it be that Huangtian had colluded with the government long ago and deliberately staged this drama in order to deal with Tianqiong?

So, can Mr. Zhou’s previous prediction that Huangtian’s stock price would collapse still be true?

No, it should be said that Mr. Zhou is indeed a prophet.

Huangtian and Tianqiong are now in a life-and-death relationship. After the hearing, only one company will survive.

President Zhou was only confident that Tianqiong could win, which was why he decisively asked the foundation members to short Huangtian.

Short selling means borrowing stocks and selling them first, then buying them back when the stock price drops sharply, and the difference in price is the profit.

Huangtian Energy's stock price is currently at 170 yuan per share, already at its all-time high. If one borrows shares and shorts them now, if the stock plummets as Mr. Zhou predicts, one could profit at least 100 yuan per share, perhaps even more. If one can borrow 100,000 shares, one could easily make tens of millions in profits!

But if Tianqiong loses in this malicious competition, Huangtian’s stock price will rise instead of fall, and short sellers will be forced to cover their positions at a high price, or even suffer a short squeeze, resulting in losing all their money.

Lin Wei knew that many short-selling institutions made money through this method. Some people became rich overnight, while others went bankrupt and committed suicide.

She was very hesitant about this.

When she was working at Baihua Capital, she examined the business and financial status of Huangtian Energy. Huangtian Energy has always been Huangtian's core business segment. Since its listing, it has been steadily rising and has a bright future. It has always been a hot stock on the exchange.

It is simply a fantasy to want to short the stock of such a large company.

After all, Lin Wei has always been long rather than short on stocks. What's more, she manages investors' money and her investment strategy has always been cautious.

But her dream has always been to make a lot of money and achieve complete financial freedom so that her girlfriend doesn't have to worry about money anymore.

Thinking of this, the speculator's blood in her heart seemed to be ignited.

A true speculator never pursues stable transactions. What he wants is risk, huge profits, and a gamble of all his efforts.

Today, the foundation has 20 million yuan in its account, most of which was invested by foundation members when they joined.

On the surface, the foundation is used to fund the development of humanities and science and technology, but Lin Wei knows that the foundation is the most important link for President Zhou to control the economic lifeline of the empire.

What she has to do is to make the most profit from the money in the foundation's account.

Lin Wei began to borrow Huangtian Energy stocks.

At this time, the stock of Huangtian Energy is very popular. In the competition between Tianqiong and Huangtian, investors are obviously more optimistic about the development prospects of Huangtian, the leading company. At present, no institutions have entered the market to short Huangtian. Therefore, the cost of borrowing stocks is not high.

In the end, Lin Wei borrowed 200,000 shares, and then broke them down into small sell orders and injected them into the market in batches.

After doing all this, it was already dark outside.

She put on her glasses and logged into the foundation's virtual conference room as usual.

Unexpectedly, the originally empty conference table was now full of people.

As soon as everyone saw her online, they immediately asked, "Chairman, Emperor Tian asked Congress to pass legislation to ban material machine technology. How does President Zhou plan to respond?"

Lin Wei: ...?

Can she say that she doesn't know either?

Lin Wei raised his hand to stroke his glasses and said calmly, "Don't worry, everyone. I believe that with Mr. Zhou's ability, he will be able to handle this matter perfectly."

Most people looked thoughtful, but some became even more anxious. "Didn't you say Huangtian's stock would plummet? I've already borrowed shares to short sell, but the price hasn't dropped. In fact, it's risen two points because of this! Who's going to cover my losses?"

Lin Wei's eyes darkened. "The Foundation only provides information for reference. Whether or not to short sell is entirely voluntary. If you don't have confidence in Mr. Zhou, you can close your position and cut your losses now."

The other party's face paled, and after a long silence, he spoke in a hoarse voice, "Alright! I'll bet everything on this one. If the result is different from what you said, then I'll have no choice but to withdraw my investment and quit the association."

When Lin Wei heard her say this, his heart skipped a beat.

If Mr. Zhou really made a wrong judgment, then not only would Tianqiong suffer a disastrous defeat, but even the foundation that had been developed with great difficulty would fall apart.

Then can Justice Jin’s position and the Baihua Capital case... still be stable and smooth?

She raised her eyes and scanned the entire room, looking for Jin Jianmin, when she suddenly saw a flash of blue light opposite her, and a tall figure appeared at the end of the conference table.

The other party looked a little panicked, and the first thing he said was, "I want to see the president."

Lin Wei did not respond immediately, but searched for the member information in his mind, trying to match her face with her name.

This person seems to be...

"I have evidence of Huang Tian's crimes, and I am willing to testify at the hearing!"

Everyone was in an uproar and looked over.

Lin Wei's pupils trembled. She knew who this person was: Professor Song Yiqiao, a researcher at Huangtian Biological Laboratory.

"Okay, I'll tell Mr. Zhou."

Song Yiqiao's expression regained some composure. Fortunately, she had put on the holographic glasses in advance so that she could contact the foundation.

I heard that this hearing will be broadcast live on the entire Internet. No matter how powerful God is, he can't cover her mouth, right?

————

The next day, just as the morning glow in the sky illuminated the spire of the Capitol building, the imperial leader Zhang Quanming had already stepped into the office.

The Secretary General arrived earlier and was already waiting in the office.

"According to the latest report, the youth unemployment rate has reached the dangerous 20% mark, and homicides and robberies have increased significantly. City Councilor A has proposed swiftly encouraging women to exit the job market, creating more jobs for mothers, and promoting the gig economy to avoid social unrest..."

"Last night, war broke out between the Empire's main energy supplier and neighboring countries, resulting in the blockage of energy transportation routes. It is expected that the country will face energy shortages for the next six months, and prices will soar significantly..."

"The divorce rate continues to climb, and the number of single men has increased significantly. City F is planning to introduce new regulations, suggesting lowering the legal marriage age for women to 16. I hope the leader will approve it..."

"besides……"

After listening to the report, Zhang Quanming raised his head indifferently without even frowning, "Are you ready for the hearing where Congress will vote on whether to legislate a ban on the civilian use of material machine technology?"

"Bailiffs have been dispatched to summon Tianqiong Technology President Zhou Fanyi to testify. Additionally, Huangtian founder Qiao Zhizhang will also attend as an expert advisor to provide relevant industry advice to the legislators."

“What’s the attitude of Congress?”

The Secretary-General flipped through the documents before speaking, "The survey shows that the majority of legislators support banning the civilian use of material machine technology and advocating for nationalization. Military spokesperson Shadi, however, expressed his desire for the military to have exclusive control over the technology for military use."

Zhang Quanming sneered, "He's dreaming."

However, if he were in any position, he would think the same. Unfortunately, he could manipulate Congressional legislation but not the military, which inevitably made him unhappy with the military.

However, what made him even more unhappy was Sky Technology. The last time he sent people to take over the material machine technology, he was harshly rejected.

But because it was a private action, he didn't dare to speak out and could only be angry in private. His chest hurt for several days.

Fortunately, this time, he can take revenge for what happened that day.

When he thought about how Tianqiong had rejected his request and ended up being directly banned, he couldn't help but feel proud.

Zhang Quanming looked at the time and saw that the hearing would start in two hours.

A cold glint of disdain flashed in his eyes. Just what kind of embarrassing side would that mysterious President Zhou reveal in front of the entire nation? It was truly exciting!

————

When the bailiff came to the company to summon him, Shi Nian'an was mentally prepared but still shocked.

At this time, Chi Lan was discussing fuel cells with Duan Yucai of Nova Technology in the office.

There was a knock on the office door. "Mr. Zhou, the congressional representatives are here. Please attend the hearing."

Chi Li raised her eyelids coldly, "I understand."

Then he smiled at Duan Yucai and said, "I'll trouble you to take care of the things after that."

Duan Yucai nodded, but he was not as calm as Chi Lun. Thinking about facing the audience across the country, a trace of worry flashed in his eyes.

Chi Li stood up before her and walked to the full-length mirror to adjust her clothes.

Duan Yucai stood beside her and saw the reflection of a tall woman in the mirror. Her straight and super short hair made her indifferent face even more stern. Coupled with a pair of cold and clear eyes that looked down on everyone, she looked like a god that could not be desecrated and was difficult to approach.

She had only seen this unique temperament in Mr. Zhou.

Although most of the time, Ms. Zhou always had a faint smile on her face and looked approachable, but the aura of a superior that emanated from her bones could not be concealed.

Seriously speaking, Duan Yucai seriously suspected that Mr. Zhou was an evil spirit in his previous life, the kind that walked out of a mountain of corpses and a sea of blood.

Because there were several times when she saw President Zhou's unhappy eyes sweeping across his male subordinates, she couldn't help but suspect that she would take out a laser gun and shoot these people in the next second.

Chi Qi had no idea what Duan Yucai was thinking at the moment.

She casually put on a black coat and walked out of the office.

Behind her, Duan Yucai was staring at her back in a daze. If President Zhou appeared in front of the camera like this, the audience would definitely be scared, right?

It was not until Chi Qi walked away that she came to her senses and hurriedly followed her.