International speculative capital has finally made its move.

A full-scale crackdown was launched against Xing Baohua's three listed companies.

They immediately placed a large number of short orders.

Short positions of 10,000, 20,000, and 50,000 were placed as if they were free. At first, when I saw the accumulated short positions reach 200,000, they quickly approached 300,000.

Short positions will inevitably trigger panic selling.

Xing Baohua called Yu Shenghai, and the main accounts began to buy back shares near the opening price. They bought up every single share that was being sold on the market, no matter how many lots.

At this point, let alone stopping losses or calculating the price at which others would be liquidated, Xing Baohua was struggling to prevent the price from falling further.

The price at which Haina established its main long positions was also thoroughly investigated by its competitors.

Both sides were placing orders with their positions open, and it seemed that the other side's short positions were much stronger, more than twice the size of its buy positions.

Every time Xing Baohua established a support level, it was broken just as quickly.

Soon the price reached the vicinity of the opening price, and the short sellers wanted to break through the strong support level of the opening price in one fell swoop.

This is a key point.

The crucial point that both sides had been waiting for has finally arrived, and the battle between bulls and bears is now fierce.

At this point, apart from selling, no one was willing to go long. Everyone could see that international speculative funds had enormous power. As long as the opening price was broken, the three listed companies of Huahong Group would fluctuate below the opening price in the future.

Many people are waiting to buy at the bottom, but where this bottom will actually form depends on whether Xing Baohua's team can hold on.

With 300,000 short positions, the actual trading volume, including leverage, has reached over HK$120 billion. If the other party exits with a profit, Xing Baohua faces a loss of over HK$12 billion.

The amount of funds involved by both sides is enormous, breaking the record for the battle between bulls and bears in the Hong Kong stock market and the overall trading volume.

At this point, no one could help Xing Baohua; they could only watch helplessly.

No matter what positive news Huahong Group receives, it's all for naught in the face of its massive capital.

Outsiders all know that Xing Baohua moved 10 billion yuan to the main account, but in reality, the main account was just a lure, a bait.

The traders at Haina Investment Department didn't have much available capital; after detailed calculations, they only had a little over two billion US dollars.

International speculative funds had been holding back, but they have now made moves in all directions to test whether the main account of Haina will step in to help others.

As expected, they didn't have the strength. According to the information leaked by the mole in Haina, the main account didn't have enough funds to support the short selling pressure.

What are we waiting for? We'll concentrate our funds and launch a surprise attack on Haina's main accounts, launching a full-scale attack on the short positions of the three listed companies under Huahong Group.

As for Xing Baohua's other fund movements, they are not of concern for the time being.

Even if funds are quickly transferred to the main account, there won't be enough time to provide assistance.

Let's drive down the price first and reap the benefits.

Moreover, there is a lot of information warfare involved. Where did Xing Baohua go if he wasn't in charge at Hainan?

It was quickly discovered that Xing Baohua was still in Hong Kong, and there were even rumors that he had rented a very large villa in Mid-Levels.

What's even stranger is that Yu Shenghai, as the CEO of Hainan, actually called the police, claiming that several of his employees had not come to work, some for two days and some for a week.

The number of missing persons has reached thirteen.

Half of them are traders, and the rest are analysts.

The release of the news only made matters worse, and what made things even more troublesome for J was the disorganized nature of the leads.

It's not that we can't find any clues, but rather that all the clues point to the missing people being suspected of being corporate spies.

Therefore, the Commercial Investigation Division and the Major Crimes Unit joined forces to investigate the case.

Yu Shenghai also fully cooperated. Although it had an impact on the company, cleaning up some trash and hindering the spread of information was still beneficial to the company.

The Commercial Investigation Department discovered that the bank accounts of more than a dozen missing persons, or the accounts of their relatives, contained large sums of money of unknown origin.

This suggests there's a mole, but since the person can't be found, it can only be a suspicion.

This narrows down the possibilities. The first possibility is that the missing people ran away with the money, but they would still have some record of leaving the country, and they would never use a smuggler to cross the border.

There are two remaining possibilities: either they were silenced by the bribed people, or they were silenced by Xing Baohua's side.

The major crimes unit is under immense pressure. More than a dozen people have mysteriously disappeared without a trace. They all vanished on their way home from get off work, and their families haven't noticed them since, mainly because their jobs often require them to work overtime.

There are rules for traders when they are working: all communication must be cut off, which means they won't be able to communicate with their families for several days.

It was only after Yu Shenghai reported the case that his family learned that he had gone missing.

Despite the disappearance of some people, Haina has no shortage of staff. All the traders, analysts, and economic experts in Haina's financial investment department are in a state of panic.

I know exactly what's going on.

They'll either be silenced by the buyer or by the boss.

Yu Shenghai was aware of some of these people's thoughts, and even said in a meeting: "Some colleagues have gone missing, and the police are still looking for them. After the boss found out, he specially transferred people from the security company and assigned two guards to each of you to protect your personal safety."

This is a form of surveillance. The boss mobilizes security personnel for the personal safety of his employees, and no one can say anything about it. On the contrary, they have to thank Xing Baohua, the big boss.

It's both protection and monitoring, so that people won't be scared away from coming to work.

With just this simple move, the international speculative capital was blocked from receiving information.

Money earned through insider information can only be spent if you're alive.

Of course, many people suspect Xing Baohua of doing it, but there is no evidence. Moreover, he did it so cleanly and efficiently that he didn't leave any clues.

This chapter is not finished yet. Please click on the next page to continue reading the exciting content!