A dozen minutes later, Founder Investment Co., Ltd. released a disclosure.
Founded to make a large-scale purchase of shares in Jincheng Coal, through Founder Investment and its subsidiaries, with an expected acquisition of more than 10% of the shares!
When this news came out, it immediately caused a violent fluctuation in the stock market!
Countless speculative investors and retail investors, and even some big players, were stunned by Founder Investment's bizarre move!
It's obvious that Jincheng Coal is doomed.
They actually went all out and bought in!
They even suspected that Founder Investment had received some inside information.
That's why they can be so bold!
However, after they carefully learned what had happened, especially after seeing the live recording, they realized that...
Countless stock market tycoons fell silent on the spot.
Who the hell would have thought that such a spendthrift would do such a thing?
I thought there was some amazing, unconventional trick involved.
Unexpectedly, it was just a complete novice who knew nothing about the market trying to snag a bargain at this time!
Are you crazy?!
Even seasoned veterans who have studied the stock market for decades dared not rush in to buy at a bargain price.
You're a complete novice in the stock market, yet you're dreaming of making a fortune from this market rally?
Such a big appetite!
They withdrew 800 million yuan from a private equity fund at once!
It's a complete all-in betting style!
Aren't you afraid of bursting your stomach?
In just a few minutes, this incident topped the Weibo trending list!
[Shocking! All-in betting on the bottom! Has Lu Yiming lost his mind?!]
Unheard of! Is Lu Yiming a visionary or a mad genius?! He'd risk everything just to buy a worthless stock?!
[Lu Yiming spends 800 million yuan to buy junk stocks! What exactly is he planning?]
...
Even the viewers in the live stream were completely stunned.
They could understand why Lu Yiming had spent a lot of money to build an employee cafeteria and improve employee benefits.
After all, Lu Yiming rose from a lowly worker to become the chairman, so it's normal for him to sympathize with the plight of ordinary workers!
But this time it's completely different!
Lu Yiming, a complete novice in the stock market, actually wanted to take advantage of this opportunity to go all in and buy at the bottom. He was a complete madman and a fool!
This series of outrageous moves left all the viewers in the live stream completely stunned.
"Heh, Lu Yiming, I thought he was a wise fool, but it turns out he's just a simple-minded idiot. [Deathly smile]"
"Hey, do you think he might be joking? Maybe he'll change his mind later?"
"Do you think the stock market is a joke? Lu Yiming's company has already issued an announcement, so they have to buy! Otherwise, this is spreading false information and attempting to manipulate the stock market, which will land them in jail!"
"In any case, from the moment Lu Yiming made the decision and made the announcement, there was no turning back for him."
Either buy it and lose all 800 million yuan, or don't buy it and get a warning and fine from the regulators.
No matter what he chooses, he's destined to lose.
...
Meanwhile, in the director's room.
"Hahaha! Lu Yiming, that idiot!"
"800 million! Throwing 800 million into the stock market and losing it all! Only Lu Yiming in the whole world could come up with such a stupid move!"
"Hehe, just you wait and see! After losing all 800 million, let's see what other tricks Lu Yiming will have up his damn employee cafeteria!"
Having emptied out the private equity fund, the next step is to sell shares in other companies!
I dare say, within half a month, the entire Founder Investment will be completely drained by that spendthrift Lu Yiming!
...
But at this point, the entire company was already on the verge of collapse and had no choice but to act.
Despite having a thousand questions in her mind after receiving Lu Yiming's order, Mu Xia resolutely carried it out.
Led by Mu Xia, and with the help of several managers from the private equity fund,
They activated dozens of company accounts, subsidiary accounts, and private accounts.
They began sweeping away all the shares of [Jincheng Coal] at an astonishing speed.
It can be said that whatever amount they sell, Mu Xia and his group will buy it all.
We welcome all comers!
Within just half an hour, Mu Xia and his team had acquired more than 20% of the shares of Jincheng Coal!
It even has more shares than Jincheng Coal Development Group itself!
Mu Xia and her group's crazy actions immediately attracted the attention of the regulators.
Fortunately, Mu Xia and his team used dozens of accounts to make the acquisition and did not engage in any illegal operations such as maliciously inflating the stock price. They had also made prior announcements to disclose this information.
Even regulators can't do anything about them.
Surprisingly, Mu Xia and his team's actions actually stabilized the stock price of Jincheng Coal!
The sharp decline was actually forcibly contained!
Just as Lu Yiming said.
Those speculative investors and retail investors were bewildered by Founder Investment's frenzied acquisition activities.
They thought Founder Investment had some inside information, which is why they stopped selling.
I'm afraid that the stocks I hold might suddenly skyrocket in price one day.
Those who sold their stocks before will be devastated.
...
Two hours later, Mu Xia came to report back.
"Chairman, thanks to our efforts, within two hours we acquired a total of 58% of the shares of [Jincheng Coal] through dozens of accounts."
The average acquisition price was 1.46 yuan per share.
The share price of Jincheng Coal has been temporarily stabilized.
With all the shares combined, we are effectively the largest shareholder of Jincheng Coal, and we have absolute control!
Mu Xia's heart was still pounding when she said those words.
That was so exciting! It was incredibly exciting!
She finally understands why there are always people manipulating the stock market.
The feeling of manipulating stock prices is indeed very exciting.
Although their transactions were all legal and compliant, the sheer scale of the stock trading still gave people a sense of suspense.
"Thank you for your hard work. There shouldn't be anything else going on at the company today, so our dear employees can leave early."
"I'll play two more games and then I'm ready to leave," Lu Yiming said, lying on the sofa.
Seeing Lu Yiming's carefree attitude, Mu Xia had no choice but to turn around and leave.
But none of them expected it.
Because of Lu Yiming's aggressive acquisition, a huge storm is brewing.
...
Continue read on readnovelmtl.com
