Real Scholar System

Chapter 440 Falling into a Negative Number

"The Jedi fought back, and the former richest man in Asia raised the stock price tenfold in an instant!"

"All the short sellers have been blown up, and it is rumored that the roof of the exchange is no longer crowded."

"A child of a family with outstanding skills, Yang Jinchuan has received strong support from the family."

"Turning the tide is about to fall! Yang Jin is worthy of the name of son."

The media is so realistic. Yang Jin's jedi counterattack before the market closed reversed all the previous negative influences at once, and countless rainbow farts set off waves of frenzy on the Internet.

But Yang Jin was very calm. He was originally a son of a wealthy family. He had seen many face-changing skills from the media, and he was used to it.

Qin Haotian was very excited. He originally wanted to help Yang Jin protect the market and try his best, but the 80 yuan turned into more than 200 million yuan in the blink of an eye. It was not so fast to grab money.

"You can't relax your vigilance yet. After the market opens today, you can go away. I guess the bears will not admit defeat so easily."

Yang Jin smiled. It was a kind of protection for Qin Haotian. Anyway, the 200 million yuan is enough for Qin Haotian to greatly improve his life.

"No! Brother Yang, I want to advance and retreat with you!" Qin Haotian said firmly.

"Okay then." Yang Jin didn't force it. Anyway, today's opening will definitely be a bloodbath. Tomorrow is the settlement day for securities lending. If the short sellers can't knock down the stock price today, they will die miserably tomorrow.

Just 10 minutes before the opening, the exchange issued an announcement.

"Temporary regulations on margin financing and securities lending in the bright future: cancel the upper and lower limits of stock prices."

Everyone was stunned by this announcement, and they didn't know why the Exchange Committee made such an announcement.

The stock price has no upper limit. The most expensive stock is Berkshire Hathaway, the company of God Buffett. It costs US$100000 per share. Anyone who owns his family's stocks can participate in his family's shareholders' meeting, and have the opportunity to meet the stock god face to face.

Since there is no upper limit, does this announcement mean to cancel the lower limit?
As we all know, no matter how rubbish a stock is, it must be at least above 0.1 yuan, because if it falls below 1 yuan for a long time for more than six months, it will be automatically delisted, and if it falls below 0.1 yuan, it will be delisted directly.

What is the purpose of removing the lower limit?
Anyway, there is no difference between hitting the stock price to 0.1 yuan and hitting it to 0.01 yuan. It is just a delisting, and most investors don't take it seriously.

However, the moment he saw this announcement, Mr. Rhine of the Lion Fund was shocked.
I thought,

This time the bear is too fucking ruthless, right?
Make up your mind to renege on the debt?
There is no lower limit for the stock price, isn't it that it can fall into a negative number?

This time he bought 0.8 million Bright Future stocks at a price of 5 yuan, with a target price of at least 6 yuan and a profit of more than [-] times, but this announcement broke his fantasy.

He was desperate to sell all the stocks in his hands at the current price of 2.55 yuan as soon as the market opened.

Driven by the good news this morning, the stock price of Bright Future has risen steadily, skyrocketing by 50%, attracting everyone's attention.

Mr. Rhine doesn't care, let's go up, the rise is super fierce, and the fall is harder. Although he has always been proud, he will never underestimate the means of Wall Street, let alone overestimate their moral lower limit. Kill everyone!

When Fang Moyan saw this news, he couldn't figure it out like most people. The timing of this announcement was very clever, but what's the use?
He set his sights on the date. Tomorrow is the settlement day for securities lending. If those big short sellers cannot cover enough stocks tomorrow, they will have to pay as much as ten times the stock price.

Now there are many small retail short sellers who have begun to cut their meat and close their positions. Otherwise, if they cannot buy stocks and deliver them tomorrow, they will have to bear ten times the fine.

Driven by this factor, the stock price has been very strong, and it has regained the momentum of the previous loss in one fell swoop. It has risen by 100% since the opening in the morning.

The current price is 4 yuan!
"Fucking shit, Fuck! Fight me? I'll see how much you can get!"

David sneered, and threw aside the HSBC unlimited credit contract in his hand. He still had several similar documents, including the unlimited credit contract of Imperial Bank and Citibank, which was enough for him to mobilize tens of thousands of dollars. billions of dollars.

It's all the work of Bell Labs.

When Bell Labs saw that the stock price of the bright future that had been sanctioned by itself not only did not collapse, but instead skyrocketed several times compared to the previous period, how could they let go of their face?
Their strength can affect Wall Street, the headquarters of the Federal Reserve, and the Congress of the beautiful country!
Powerful!

The average medium-sized country is unwilling to face their sanctions!
This is the background of being backed by the largest and most advanced scientific and technological research institute of the only superpower in the world.

Terrible indeed.

Yang Jin has chased high and high all the way, but the rock in his heart is still hanging. Sitong is the pawn of Bell Labs, and they will not give up so easily.

Sure enough.

Just as he was staring at the market, the scene suddenly changed, a large amount of sell orders poured out, the stock price of 4 yuan did not even have a reaction time, it was knocked down almost instantly, and it jumped to 0.1 yuan directly!
The speculators in front of the computer charts were boiling.

Those who were carrying on the short-selling all of a sudden had several times and dozens of times of profits, while the short-sellers who cut their flesh because they were afraid that they would not be able to cover their stocks tomorrow were in great pain!They watched themselves pass by wealth, each one beat their chests and feet, and many monitors were directly smashed to pieces by the angry masters.

Rhine from the Lion Fund smiled slightly. As I expected, Wall Street has made a move. This time, the bright future really has no future at all.

As soon as it fell to 0.1 yuan, the message of forced delisting was sent, as if the exchange had been waiting for this moment for a long time.

"The stock price of Good Future has fallen to 0.1 yuan, triggering the automatic forced delisting process. Investors are requested to bring their own information and clear the stock in time, otherwise they need to come to the exchange to solve it in person."

This information is synchronously sent to all Bright Future shareholders.

The meaning is very clear, if you don't sell stocks now, you have to go to HK to handle it.

"This is too bullying! Exchanges and short sellers must have PY transactions!"

For the stock price to be dropped to 0.1 yuan, he was mentally prepared in advance. Although he was surprised that the other party made such a quick move, he could accept it.

The exchange's news bulletin shows that the horses and horses are on the wrong side of the road!
As an exchange, fairness, or superficial fairness, is crucial. Such shameless favoritism is a great blow to the reputation of the exchange.

What kind of forces and conditions did they use to facilitate this matter?
At this moment, the stock price changed again!
0.1 yuan fell to 0 yuan!
Yang Jin looked dumbfounded!

No matter how worthless a company is, the minimum fixed assets and brand are still there, right?Fall to 0 yuan?Unheard of!

This is not the end!
He looked up again,
Bright future, the current stock price, -0.1 yuan.

Yes, he read it right!A stock actually has a negative number!

He remembered the announcement in the morning: "Beautiful Future's Temporary Regulations on Margin Margin and Securities Lending: Remove the Upper and Lower Limits of Stock Prices."

The world is in an uproar!

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