Chapter 377 Waiting for Lin Er
The servants of the Lu family brought a sumptuous lunch: duck sauce wontons, roast suckling pig, fried crab in a typhoon shelter, and roasted soft-boiled abalone...
The champagne was opened and everyone started to enjoy the meal.
With Su Xiaoli's attitude, Kuang Jiaming wanted to highlight that he was not a person who just sat there to eat without doing anything in the five-member group, nor was he here just to have lunch for free.
After eating and drinking, he arranged for people to print thousands of copies of the short-selling report, and also found a group of "social figures" to speed up the disclosure.
"Young Master, these are...what are you going to do with them?" asked the Kuang family's housekeeper, looking at the reports spread out on the floor.
The housekeeper was about to ask what it was, but then he thought, when has his young master ever done anything good? Forget it, he just asked how to deal with it, as long as it's not too troublesome and there is a way to "clean up his ass".
Kuang Jiaming sneered, and felt happy just thinking about the next scene. "Let people go to the trading hall of the Stock Exchange and the nearby teahouses to give out the gifts to everyone they meet, and then run to claim the reward."
"Is there any more reward?" the butler said hesitantly.
"Reward, there must be a reward! We must let all the stock traders know what the Lin family is all about!"
As the saying goes, what does it have to do with you if I destroy you?
The flyers went very smoothly, and no one came after them. After all, the atmosphere in the trading hall was noisy and crowded, like a big Shura field, and the traders and stockholders in red vests were already exhausted.
In the VIP market of the trading hall, Li Yong had just issued an order to short the stocks he held, and then he gave the trader a buy order for another account.
Going in and out, having fun.
Traders were confused.
Li Yong ignored the trader's confused expression and called Lin Manrong. He said impatiently, "Manrong, Lin's stock has fallen the most this morning! We need money to protect the market!"
Lin Manrong jumped up from the sofa and sat up straight.
Like the traders, I felt confused and quite distressed.
How come all the money earned in the previous month was gone in just one morning? But if Li Yong was not given money to protect the market, the entire Lin family would be gone!
What's more, there are already some negative opinions about Lin in the market.
The needle didn't penetrate the flesh and she didn't feel any pain. Lin Manrong felt as if she was falling into an icy cave. She struggled for the whole afternoon without eating a single bite of food.
When the market opened in the afternoon, the stock price fell even more! Li Yong's phone calls came one after another.
“If the market doesn’t see the Lin family’s own funds entering the market to protect the stock, they will only try their best to smash and drive down the stock price, and the sell-off will be even more intense!”
"Manrong, you have to hold on, you have to make it through today!"
Lin Manrong became even more flustered.
But Li Yong was right. If the Lin family didn't support the stock, the share price would really plummet.
Whether it is the company's account or those shady business accounts, the cash is almost gone.
Only the physical industries are left.
But property is also family wealth, stocks are also family wealth, and both hands are full of flesh and blood...
But at the moment, stocks are more important, how can I sell at a loss? ! Greed and fear are both original sins.
In the end, Lin Manrong took out all the cash and transferred it to Li Yong.
He also gave the Lin family's four properties, as well as several nightclubs and restaurants that could be brought into the open, as collateral to the bank with the fastest withdrawal rates, intending to urgently withdraw some cash.
It was almost like rushing around without any plan.
put all one's eggs in one basket.
However, by the close of the Hong Kong stock market that day, it had fallen a total of 420.81 points, closing at 3362.39, and the futures of each month had fallen by more than 300 points.
With Li Yong's "appropriate" operation, more stocks of the two Lin families were bought.
The two stocks of the Lin family fluctuated at high levels for several times.
However, no matter how hard you try, you still can't stop the downward trend.
Like the heartbeat of everyone in the market, the market fluctuated violently, rebounded sharply, and then fell sharply again.
By the close of trading, Lin's stock had fallen below 15 yuan.
It doesn’t matter if the Hong Kong stock market is closed, the US stock market is open.
Good news comes one after another.
The Dow Jones Index fell by 22.6% in one day. In 6.5 hours of trading, the stock index lost 500 billion US dollars! Its value is equivalent to 1/8 of the US annual GDP!
Investors' frantic selling of orders even triggered computer programs to sell, triggering a chain reaction of declines in global stock markets.
Su Xiaoli was not interested in watching any further. Before 11 o'clock, Gu Feihan took her home to catch up on her sleep. It was Lu Sinian who told her this early the next morning.
The next morning.
After consulting the Financial Secretary, the Financial Secretary and the Commissioner of Securities and Futures, the Chairman of the Stock Exchange announced that the stock and futures markets would be suspended for four days from October 20 to 23 to clear a large number of unfinished settlements.
Unprecedented market closure.
Although the stock market was closed, Su Xiaoli and his friends were not idle either.
Don't worry. Besides the short-selling report, the Lin company still has a powerful weapon that they haven't used yet.
If we fail to completely annihilate the enemy, the battle will not be over. Even a little bit of it will not do.
Su Xiaoli was determined to defeat Lin Manrong completely.
Now is the time to fight violence with violence and stop killing with killing. It is time to take drastic measures.
When Kuang Jiaming was still thinking about where his little cousin would point the sword this time, he unexpectedly got the answer immediately.
Lu Sinian made several calls to the Lin family’s old business rivals.
The next day, several companies sent lawyers to request judicial investigation and prosecution investigation into Lin's two companies.
The defendant's main materials have already been prepared and notarized by a notary lawyer.
The management of the two Lin companies was suddenly in a scramble and was unable to launch a quick counterattack.
It was an open conspiracy, and every step was reasonable and legal, but the final outcome was probably completely beyond Lin Er's expectations.
What will be waiting for Lin Er? It must be said that everyone is very efficient. The time turns to Monday, October 26, 11 o'clock.
Just after Lin Manrong completed the mortgage of all the Lin family properties, because she couldn't find Mr. Lin... Lin Manrong, as a director of the company, received a summons from the Hong Kong Island Court.
The people from the court went straight into the Lin family mansion.
Reporters who had been notified to come and watch gathered at the entrance of the Lin family mansion, with their cameras flashing non-stop.
A gust of evil wind blew, and the entrance to the Lin family mansion was filled with smoke. Even the birds in the trees flapped their wings and fled out in panic.
Fortunately, they did not go into the Lin family’s house to take pictures, because the living room had already been swept through by a tornado.
Everything that could be broken into pieces shattered into glittering pieces on the ground, illuminating the mad rage of the perpetrator like stars in the sky.
"Ms. Lin Er, please tell me... Is it true that Lin's company has falsified financial data?"
“Are the reports released simultaneously by the three short-selling institutions true?”
"Why didn't Chairman Lin Liang show up?"
"Ms. Lin Er, please accept our interview!"
Reporters waved their cameras and microphones.
Lin Manrong's face turned pale, she was stunned on the spot and completely speechless.
There's not even a breath left.
She just received a call from the stock exchange. The share prices of both stocks have fallen below 1 yuan, with no lower limit, and have completely become junk stocks.
Continue read on readnovelmtl.com
