Chapter 189 60 Billion in Two Days, They're Making a Frenzy!



At the same time that Lu Fan received the message from his future self.

Penguins in other cities aren't quiet either!

"How much capital have the major shareholders raised?"

"Is there anyone who hasn't paid yet?"

In the office, the chairman of Tencent asked his secretary, Deng Chun, a question.

"Chairman, we only have 20 billion right now."

"All the shareholders have already deposited their money."

Deng Chun checked the documents and then reported.

"Only 20 billion?"

"This amount of money is simply not enough to save the market."

"Without 30 billion yuan, it will be of no use in saving the market."

"Inform all shareholders that 30 billion yuan must be raised before the market closes today."

"Otherwise, if the company's stock price continues to fall, they won't be any better off."

“In this way, I will contribute another 1 billion, and the others will also contribute a little according to their shares.”

"That should allow us to raise another 10 billion."

"After raising 30 billion, we will rescue the market before the close of trading."

The chairman frowned!

They've been raising funds for a whole day, and they've only managed to scrape together 20 billion.

This funding is far from enough!

He has now invested another 1 billion yuan, and with the contributions from others, they should be able to raise another 10 billion yuan.

"Yes, Chairman."

Upon hearing this, Deng Chun immediately nodded respectfully.

"Go and inform them quickly."

The chairman of Tencent waved his hand, signaling Deng Chun to leave.

Upon hearing this, Zhu Changtui dared not delay and quickly left the office.

Then, carrying out the chairman's instructions, they went to raise more money.

"Alas, these are truly troubled times."

"One minute someone is shorting the company, and the next minute this kind of negative news comes out."

"If it weren't for my quick reaction..."

"The company's losses this time are huge."

"A loss of 500 billion in market value is nothing."

After Deng Chun left, the chairman of Tencent couldn't help but rub his head.

He hasn't been sleeping well these past two days because of work.

They were terrified that they would wake up one morning to find their company's stock price had plummeted.

"Hmph, wait until I have a free hand."

"I want to see who is shorting our company."

Then, the chairman of Tencent spoke again in a menacing tone.

This kind of behavior of kicking someone when they're down and taking advantage of them is unacceptable.

He will absolutely not give up easily.

Soon, it was 3:30 in the afternoon!

At this point, Penguin's stock price had fallen to HK$309.23 per share.

There's less than a HK$1 difference between now and the HK$308.35 per share that I've promised.

Without the slightest hesitation, Lu Fan immediately began closing out his positions!

Although, HK$308.35 per share is the lowest price for Penguin.

However, that was too close to the time when Tencent intervened to save the market.

Lu Fan wouldn't wait until then.

If anything goes wrong, we could lose a lot of money.

Hesitation will only lead to more trouble!

If you try to embezzle a few hundred million, you might end up losing even more money.

That would be a real loss!

Of course, when Lu Fan closed his position, he didn't forget to inform Jiang Hetang and Dong Haotian.

The three of them started a video call at 3 o'clock.

It has continued to this day without interruption.

The purpose was to know immediately when Lu Fan would close his position.

"Phew... all done, that's a wrap."

Lu Fan quickly closed out his position!

When they shorted Tencent, they borrowed 1.38888 billion shares.

Now, naturally, the same number of shares must be returned!

This is the only way to close the position!

There are 500 billion yuan in securities funds lying in Lu Fan's securities account!

At a price of HK$309.23 per share, Lu Fan bought back the 1.38888 billion shares.

The total cost was 429.48611 billion.

The initial 500 billion yuan under 100x leverage is reduced by 429.48611 billion yuan.

There are still 70.51389 billion left!

The remaining 70.51389 billion is the profit Lu Fan made from shorting Tencent.

Discard the odd amount and treat it as a handling fee.

Lu Fan will also receive 70.5 billion!

And this HK$70.5 billion was earned in just two days!

On average, they earned HK$35.25 billion a day!

Lu Fan glanced at the Hong Kong dollars in his securities account and fell silent.

Based on the exchange rate, HK$70.5 billion would be equivalent to RMB60.21405 billion.

In other words, Lu Fan earned 60.21405 billion Great Xia coins in just two days.

This is more than the money that was previously made from international gold trading.

Moreover, it takes less time.

Previously, it took almost two and a half months for international gold to be released.

They only earned 35.7 billion!

What about now?

In just two days, they earned 60.2 billion!

The difference between them is simply incomparable.

That's an exaggeration.

Originally, Lu Fan would have needed to wait until the Jiang Group's market value reached 130 billion to become a billionaire.

But what about now?

There's no need to wait at all.

Waiting for the 60.2 billion Daxia coins to arrive.

Lu Fan's net worth could instantly exceed 100 billion.

Reaching 150 billion!

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

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