Black technology: a super empire spanning two worlds

Chapter 28 [Taken the Hook]

What Ruilian Group can provide is exactly what Xiao Yu needs but does not have yet. Ruilian comes with good intentions to establish good relations, and with Wen Suqing mediating, it is natural for the two parties to reach a cooperation without any obstacles.

The entry of several new institutions of Ruilian Group did not take away the profits from Xiao Yu, but instead divided up the profits from several investors of Penghui Capital and drove Zhou Baichuan and others out. Xiao Yu did not pay any price, and even gained a few powerful backers to keep the situation under control.

This can be of great help to Xiao Yu's career. Of course, only being strong is the foundation, which Xiao Yu is also aware of. But before he grows into a super giant, with the support of Ruilian Group in front, he can avoid being coveted by all kinds of monsters and ghosts and save a lot of trouble.

After a while, Xiao Yu told Wen Suqing what he had discussed with Zhou Baichuan before, and then communicated with him about the next plan layout to ensure unity of tone and ensure the smooth implementation of the plan.

On the other hand, Zhou Baichuan discussed response strategies with several other investors as soon as he returned.

Now that the share price of Prism Technology has far exceeded the target price, it is an established fact that Xiao Yu has won the bet agreement, and capital can no longer pose any threat to his control over Prism Technology.

After repeated analysis and consideration, Zhou Baichuan and others had to admit this fact.

However, what they are most concerned about is Xiao Yu's subsequent promises, and they actually have great concerns about this.

But in the face of the huge temptation of interests, everyone finally agreed that Xiao Yu was really unwilling to completely break off with capital. There are no eternal enemies, no eternal friends, only eternal interests. Zhou Baichuan and others also agreed with this statement.

Although Xiao Yu can no longer be controlled from now on, if Linghan New Materials merges with Prism Technology, the stock price is expected to rise to hundreds of billions in the future. Even if the market value is cut in half, more than 180 billion can be taken away including principal and interest, which is undoubtedly an astronomical figure.

After some discussion, Zhou Baichuan and others decided to admit the loss and cut their short positions at a loss, so as to give Xiao Yu a vent and calm his anger.

Now that there is certainty, the worst that can happen is that when the stock price falls back, you can secretly arrange for shadow holding to buy low and go long, which can also offset the losses of the short positions. After all, with a market value of just over 300 billion, there is huge room for future growth.

Giving up the right to speak, control, and some equity is acceptable, as long as it can be confirmed that the company's overall market value will increase, even if the equity is reduced, more may be earned in the end.

……

The next morning, before the market opened, around 8:30, Xiao Yu received a call from Zhou Baichuan himself, who conveyed their decision to Xiao Yu through a subtextual voice during the conversation.

After ending the call with Zhou Baichuan, Xiao Yu chuckled and said, "It's hook."

At that time, Penghui Capital and other investors thought that Xiao Yu really wanted to vent his anger and move on, and the friendship boat could continue to row happily.

Little did they know that Xiao Yu had been aiming to completely break off relations from the very beginning, especially now that he was sure that the Ruilian Group would be there to help out afterwards, so he had nothing to worry about.

In this wave, Zhou Baichuan and his team first lost money on short orders, and then on long orders, suffering heavy losses on both ends.

Finally, the restricted shares were released and the stock price had already been hit hard.

Today, Prism Technology opened at the daily limit again, with the stock price hitting a historical high of 42.43 yuan, and the market value further climbing to 368.29 billion.

With four consecutive daily limit increases in four days, the second main upward wave has doubled. Since the first daily limit increase in May, the cumulative increase has reached +5%, making it the stock with the largest increase this year.

If it started from the historical lowest price of 3.86 yuan, the cumulative increase would be +999.22%, which is a tenfold increase.

Investors also all worship him.

As time went by and the lunch break ended, the funds gambling in the market found that there was no movement in the news today, and some people quickly became alert.

It has to be said that the funds participating in the game now are all very cunning. Those who are not cunning have been eliminated by the market. Except for novices and investors with a strong gambling nature, those who are still active in the market are more cunning than each other. They shout to their family members to hold on and not run away, but they themselves run faster than rabbits.

At 13:11, Prism Technology's stock price reached its daily limit, and the funds for blocking orders suddenly began to decrease significantly. Penghui Capital's short sellers placed a large short order not to continue shorting, but to break the daily limit and trigger profit-taking so that they could close their positions.

Sure enough, seeing the large orders dumping the market, the holders started to follow suit and rush to sell in order to lock in profits, and the daily limit exploded and plunged.

However, the price stopped falling after diving ten points, because the short positions of several institutions such as Penghui Capital were being closed. They had previously bought stocks on margin and sold them out at a discount, and now they were buying them back at double the price. This meant they were losing twice as much money. If they hadn't made a lot of money from their previous short positions, their positions would have been liquidated.

Now Zhou Baichuan and his friends think they have already reached an agreement on benefits with Xiao Yu, so they have to admit the loss, so there is nothing more to say.

As time went by, many funds saw that this stock had such a strong carrying capacity, and chose to take a high view. At the end of the trading day, when they saw that the profit-making funds were almost out, some hot money came in to take over.

At the end of the trading day, Prism Technology's divergence turned into consensus, and the stock price once again closed at the upper limit.

Today, this "T"-shaped board released a huge amount of trading volume, with a total daily turnover of 65.37 billion, setting a new record for the stock's largest single-day trading volume in history, and the turnover rate also reached an astonishing 61.25%.

After the market closed, many people were actually waiting for news, but no news came.

……

The next day, Thursday, December 7th.

Prism Technology opened higher today at +19.02%, almost close to the daily limit. Many investors were a little uneasy when they saw the bidding result. Why didn't it open directly at the daily limit when it was close to the daily limit?

Some investors felt something was wrong, and the opening price was very interesting, 50.50 yuan.

Some main players have a bad taste and like to come up with some special numbers at the top, such as a pair of tops or a leopard top. Prism Technology opened a price of 50.50 yuan today, which feels like a pair of tops.

After the opening, the stock price plummeted directly, and it was a large-scale plunge. In less than a minute, it fell by 20 points, and the stock price turned green and fell directly.

At the same time, Xiao Yu was also at Prism Technology Company today.

Yun Shu came to the chairman's office. Xiao Yu saw her coming and immediately took out a document from the folder and handed it to her: "Disclose this news at noon."

After opening the materials and taking a look, Yun Shu was surprised. She looked at Xiao Yu in confusion, then nodded hesitantly, "Okay."

At 12 noon, half an hour after the morning market closed, an announcement released by Prism Technology scared all the funds that were gambling in the market.

Prism Technology released an announcement:

[The company is planning a major asset reorganization. The audit and evaluation of this transaction have not been completed, and the specific transaction price has not been determined. This reorganization still needs to go through the necessary internal decision-making procedures and must be approved by the competent regulatory authorities before it can be officially implemented. There is uncertainty as to whether it can be successfully implemented in the end. Investors are kindly requested to pay attention to the risks of secondary market transactions, pay full attention to the company's actual operating conditions, make rational decisions, and invest prudently. ]

Xiao Yu arranged to issue such an announcement at this time point, firstly to let several investors of Penghui Capital close their short positions and at the same time to drive down the stock price a little to induce them to secretly accumulate funds and go long. Then he would make a big move at that time and weld the car door shut.

As soon as this announcement came out, panic immediately broke out on the market and funds began to flee in large numbers.

Those who had not sold their shares yet no longer hesitated after seeing this announcement and they all rushed to place orders to get a head start.

[Family members, run!]
[The people who dared to charge today are truly warriors. They must be dumbfounded now.]
[An epic volume at high levels, 50.50 is the top, this time the universe top is beyond doubt, the first board rose from 4.12 to 50.50, a cumulative surge of +1125.72, and according to the lowest point of 3.86, it has soared by +1208.29%. I just want to say that overnight orders should be placed at the limit down to rush to sell...]
[This year's first ten-fold stock, more than 12 times to be exact. Today should be our graduation photo. Let's take a group photo and see you next time we find a monster stock.]
[It seems that the family members have taken on all the responsibility again... (covering their faces with laughter and tears.jpg)]
[Mr. Xiao, I am very happy that you can issue an announcement, but I don’t like the announcement you issued.]
[Let’s see who runs faster in the afternoon opening… (Shiba Inu/jpg)]
[I am convinced. In the morning, everyone was worshipping the stock, but now everyone is bearish. What is there to panic about? It is just a normal announcement. The boss of the two companies is the same person. How could the restructuring fail? Hold on firmly and be optimistic about the stock price breaking 100. It is healthier to wash out the unsteady chips.]
[Let me translate what was said above: Don't run, let me run first... (manually funny)]
……

(End of this chapter)