Guan Lin is one of the directors of Tianyu Group.
He was one of the early followers of Zhang Zhongguo and now owns 3.5% of Tianyu Group's shares.
He's getting old now and doesn't participate much in Tianyu Group's affairs anymore; he's currently traveling.
Something happened at Tianyu Group last night, and someone called to remind him, so he has been paying close attention to Tianyu Group's stock performance all day.
Seeing the sharp drop at the opening, he hesitated. Yesterday's incident had caused quite a stir, and his experience told him that Tianyu Group's stock might fall significantly this time.
Normally, he would probably sell some of his shares first and then buy them back when the price drops.
This is something he often does: using his position in the group to occasionally get some information, buy low and sell high, making a profit from the price difference.
His shares are worth around 500 million. By buying and selling some stocks and making a profit from the price difference, he can earn millions or even tens of millions of yuan, which is enough for his daily expenses. Not to mention, he also receives dividends every year, so he lives a very comfortable life.
However, this morning, Zhang Zhongguo called him and told him not to sell the shares.
Tianyu Group is at a critical juncture and its funds are not sufficient. If he sells his shares, it could trigger a chain reaction.
Guan Lin agreed immediately.
His entire fortune was tied up in shares of Tianyu Group, and he planned to live off Tianyu Group for the rest of his life, so naturally he didn't want anything to happen to Tianyu Group.
However, it is precisely because he plans to rely on Tianyu Group for the rest of his life that he has been paying close attention to the stock performance of Tianyu Group today.
In case anything happens, he will have time to react.
Seeing that Tianyu Group's stock price stabilized after falling by two percent and even continued to rise, Guan Lin nodded slightly.
This must be Zhang Zhongguo's doing. He knows Zhang Zhongguo very well. Zhang Zhongguo is someone who is unwilling to suffer losses. Now it is obvious that someone is targeting Tianyu Group. If it were a chairman with a good temper, he might sell some stocks in this situation, and then buy a lot of stocks when the price drops to a certain level. After the public opinion has subsided, he would raise the stock price and sell the previously purchased stocks, and still make some profit from the price difference.
However, this also benefited those who were targeting Tianyu Group.
Zhang Zhongguo has always regarded Tianyu Group as his own, and he would never easily let an unknown person, who was dealing with people from Tianyu Group, take a bite.
No wonder Zhang Zhongguo wouldn't let him sell his shares; now I understand.
He still had a lot of faith in Zhang Zhongguo's abilities.
Since Zhang Zhongguo has done this, then this matter should be under Zhang Zhongguo's control.
"bite!"
Just then, an electronic voice sounded, and at the same time, a pop-up window appeared on the computer screen he was looking at.
"Um?"
Guan Lin was about to close the pop-up when he suddenly noticed the words "Tianyu Group" on the pop-up.
He quickly clicked on it.
"The Dark Side of Tianyu Group's Rise! Data on Bribery by Tianyu Group's Top Executives!"
After Guan Lin clicked on it, he was immediately taken to the homepage of a portal website. This line of large characters was displayed in front of him and was very eye-catching.
Guan Lin was taken aback and quickly clicked on the link again.
There, one by one, were written down how Tianyu Group rose to prominence in its early days, as well as records of bribery between Tianyu Group executives and some officials. Guan Lin was a veteran of Tianyu Group and a core figure who had followed Zhang Zhongguo in the early days. He could tell at a glance that what was written down was true, because he had done many of the things.
Many large companies that grow from small beginnings are not exactly clean in their early stages, and Tianyu Group is no exception. This document records those unsavory things.
Guan Lin's face turned deathly pale instantly, and he broke out in a cold sweat.
What's going on? How did these things end up online? And on the homepage of a portal website no less?
Yesterday, a video from their Tianyu Group was featured on the homepage of major portal websites. He was quite familiar with these portal websites and knew the power of being featured on the homepage.
"bite!"
"bite!"
Just then, pop-up windows appeared one after another, but they were all portal website homepages that appeared in front of him.
Without exception, they all had that post up.
Guan Lin clicked on each link with a slight tremor, becoming more and more shocked and frightened with each view.
"Beep—"
Just then, his stock trading software emitted a piercing alarm.
Guan Lin's expression changed drastically, and he quickly opened his stock trading software.
The screen showed that Tianyu Group's stock had fallen by 5%, and was still falling rapidly.
Guan Lin felt a chill run down his spine, and a sense of inexplicable panic gripped him.
If the information in that post is verified by the relevant authorities, Tianyu Group will likely face a major crisis. A sharp drop in its stock price would be the least of their worries; it might even go bankrupt.
This is no exaggeration. Tianyu Group has recently made a series of big moves, mortgaging a lot of loans. If something goes wrong, all the ongoing projects will likely be in trouble. The cash flow of large enterprises is very important. Once such a problem occurs, it will be interconnected, and it is hard to say how much of Tianyu Group's assets will be left.
Does the person who is targeting Tianyu Group know some inside information? Does he know that something big is about to happen to Tianyu Group?
At 11:15, Tianyu Group's stock had already fallen by 6%!
Panic selling has emerged, with many investors starting to sell large quantities of Tianyu Group's shares, and some investors who wanted to short sell also began to do so rapidly.
Sell! Sell! Sell!
Without further hesitation, Guan Lin quickly clicked the mouse and began placing an order to sell Tianyu Group's shares.
As for what he promised Zhang Zhongguo that morning, he had already forgotten about it.
He was afraid that if it got any later, more people would see the post, and he would never be able to sell his stocks again.
With only a dozen minutes left before the morning market closes, there's no time to lose.
He has a lot of stocks. If he can't sell them before the morning market closes, the post will be discovered by more people an hour and a half before the afternoon market opens, causing a sensation. It will then be very difficult to sell them in the afternoon.
Tianyu Group Headquarters
"Five percent...six percent..."
"Quickly open a new account... Quickly buy..."
The operators of Tianyu Group were in a flurry of activity, quickly reporting the situation to Zhang Zhongguo.
The short-selling force suddenly intensified, coupled with a large number of panic sells and speculative buying, catching them off guard.
Fortunately, the biggest force was using short selling, which had a selling price limit; otherwise, it's very possible that the other side could have driven the price down to the daily limit in one fell swoop.
“This may be their last strength, we must hold on,” Zhang Zhongguo said calmly.
He had anticipated that the other party would make a desperate attempt to short the stock, but the price wouldn't go down.
This is the final battle. If they can withstand this wave of decline, they will have won most of the victory.
Unfortunately, Tianyu Group has been making a series of big moves recently and doesn't have much cash left. Otherwise, he could have bought as many shares as the other party sold, and collected most of the floating shares on the market. It would have been much harder for the other party to return the shares.
At that time, he would let them know that if they dared to mess with Tianyu Group, he would not just let them break their teeth.
"Beep! Beep! Beep!"
At that moment, one after another, the stock trading software in front of the traders of Tianyu Group emitted piercing alarm sounds.
"Six percent...six percent...six percent..."
"No, the price is wrong. What they're selling now isn't short selling anymore..."
The faces of the several traders at Tianyu Group changed drastically.
“Keep buying!” Zhang Zhongguo said coldly.
Having fought this far, there's no turning back. If the other party has designs on their Tianyu Group, then it's perfectly normal for them to have some of their Tianyu Group's stock beforehand.
I just don't know how many shares the other party owns.
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