The Four Great Hong Kong Houses, as the leading British-owned companies in Hong Kong, naturally held the greatest influence, especially Taikoo Dockyard.
Because the protagonist of the news revealed was Taikoo Dockyard.
Compared to the other three major Hong Kong Houses, Taikoo Dockyard’s stock price fluctuated the most, having already fallen by a fifth.
Within half a day, it had evaporated over a billion Hong Kong dollars.
“Smash the market for me...”
Lin Chang Qing’s brow furrowed, and he then spoke in a low voice.
As soon as the words left his mouth, the employees of Huan Yu Investment, who had been prepared, immediately began to smash the market.
With billions of dollars being thrown into the market, the stock price, which had just stabilized, once again plummeted in a cliff-like manner.
Bao Chuan Wang and the others were glued to the big screen.
Even though they had weathered many storms, they were still a little nervous at this moment.
After all, they were working together this time, and each of them had invested at least several hundred million Hong Kong dollars.
However, the main force was still Ye Hao Chen; otherwise, they wouldn’t be able to take on the Four Great Hong Kong Houses with their funds alone.
The Four Great Hong Kong Houses together had over a hundred billion Hong Kong dollars in assets.
“Boss, there are funds entering the market, raising the price of Taikoo Dockyard’s stock.”
One employee’s brow suddenly shot up, and he spoke excitedly.
“I have the same here, the price of Jardine Matheson’s stock is also being raised.”
Another employee followed suit, his eyes equally excited.
The opposing force was strong, but they were no slouches either.
Moreover, this was a feat; no one had ever dared to take on the Four Great Hong Kong Houses before.
“Keep smashing… target number one, ten billion…”
Lin Chang Qing smiled. It was clear that the Four Great Hong Kong Houses were raising their stock prices.
But this was within their expectations; they had plenty of funds this time.
And the opposing side could not possibly have as much capital as they did.
Astonishing numbers flowed from Lin Chang Qing’s mouth.
Bao Chuan Wang and the others didn’t understand the stock market much, but they could still feel the thrill.
“Taikoo Dockyard should be close to its limit, time to harvest.”
A cold smile curled at the corner of Ye Hao Chen’s mouth as he spoke in a low voice.
Lin Chang Qing nodded. He had also seen this coming.
........
This short-selling battle shook the entire Hong Kong stock market, especially the stock prices of the Four Great Hong Kong Houses.
Now even a fool could tell that someone was shorting the Four Great Hong Kong Houses.
Even those who didn’t trade stocks were now paying attention to the market.
Many wealthy Hong Kong residents were doing the same, and some even smelled money in the air, gritting their teeth and joining in.
Just based on current observations, the force behind the short-selling of the Four Great Hong Kong Houses had at least a hundred billion dollars in funds.
Many people guessed that Ye Hao Chen was the one behind the short-selling.
After all, he was the only one in Hong Kong with the ability and the money to do so.
Inside the Taikoo Dockyard building, the faces of the shareholders were all a bit grim.
At the same time, there were many who were cursing loudly; they were simply no match for their opponent.
Their opponent’s funds were too strong, and the most crucial factor was that the investors had also begun to sell off their shares.
This was a double blow to them.
They knew that it was definitely Huan Yu Investment that was shorting them, led by Ye Hao Chen.
“Damn yellow monkey, this protest riot, he must have been behind it too.”
A shareholder slammed his fist on the table, his face turning pale as he looked at the stock price that had plummeted to the bottom.
It was over, Taikoo Dockyard was over, they had run out of their last bullet.
Their opponent’s funds were too powerful, and just looking at the current situation, they had at least two hundred billion Hong Kong dollars.
Even if they went to borrow money now, it would be too late.
And even if they managed to borrow it, they would still be powerless in the face of Ye Hao Chen and his team.
Tap, tap, tap!
“Chairman, people from Huan Yu Group are here.”
Just then, a female secretary came in anxiously.
Hearing this, the shareholders in the room all trembled, and many clenched their fists.
The people from Huan Yu Group were here, they were definitely coming to buy their shares.
It was indeed Huan Yu Group, it was indeed that fellow Ye Hao Chen.
Taikoo Dockyard was controlled by the Swire family, and the chairman was also an heir of the Swire family.
But at this moment, his face was gloomy. He was about to speak when he saw a group of people walk in.
“Why?”
Jobson’s face was as gloomy as water, his eyes fixed on Ye Zhi Rong, who was at the head of the group.
He recognized the woman, Ye Hao Chen’s sister, the CEO of Huan Yu Group.
“No reason.”
Ye Zhi Rong glanced at the shareholders in the conference room and then spoke in a low voice.
“Mr. Edward, Huan Yu Group is buying your shares for eighty million.”
“If you agree, just sign.”
Lin Miao Er behind her took out a document and placed it in front of a Caucasian man.
And the lawyers behind her also took out documents and handed them to each shareholder.
Once they had done that, they all stood behind Ye Zhi Rong.
Looking at the share transfer agreement in their hands, the faces of all the shareholders were twitching.
This was simply a bargain, take Edward for example.
He held 6.2% of Taikoo Dockyard’s shares, which had previously been worth over two billion Hong Kong dollars.
But Huan Yu Investment was actually buying it for eighty million.
And the other shareholders were similar, Huan Yu Group was buying them at a bargain price.
Jobson’s face was as green as jade, one hundred and fifty million Hong Kong dollars.
He held the most shares, about 15%.
Rip, rip!
The next moment, he stood up abruptly and tore up the agreement.
“Even if I die, I won’t sell my shares.”
Jobson looked coldly at Ye Zhi Rong, like a roaring lion.
Click, click!
But just as his words fell, he saw Edward signing the agreement.
“Edward, you…”
Jobson stared at Edward with disbelief.
Then, he saw several more shareholders sign.
Once there was one, there was a second.
Soon, more than half of the ten or so shareholders in the conference room had signed.
They had all come to accept reality, knowing that Taikoo Dockyard was doomed.
Rather than struggling in vain and letting their shares rot in their hands, it was better to sign and get the money.
Now the television was broadcasting various scandals about Taikoo Dockyard.
That fellow Ye Hao Chen was too ruthless. First, he used public opinion, then spread various scandals about Taikoo Dockyard, and then he short-sold.
The most crucial factor was that his funds were too powerful. He had thousands of billions of Hong Kong dollars at his disposal.
If they didn’t sell, their shares would become worthless. Ye Hao Chen definitely had other tricks up his sleeve.