How did I become a god
Chapter 1604 The coffee is bitter
Chapter 1604 The coffee is bitter
After the Nasdaq opened, Pinduoduo's stock price rose rapidly from US$16.75 to more than US$17.5.
Huang Zheng gently pushed down his glasses on his nose, very satisfied.
The outside world was spreading rumors about Jing Gao and even gave him the nickname "Haizhouke", but he was not afraid.
Nowadays, those who can start a business are not grassroots, they all have their own circle of friends. He is not far from the circle of Zhejiang businessmen, but he is close to the circle of his life mentor A Duan.
Ah Duan once said on a financial program: "Why should I go public? I can raise more funds with just one phone call than I can get from going public, so why should I go public?"
This time, he used Aduan's connections and pledged part of his equity to raise about US$8 million in three days, and planned to let traders manipulate the market to push up the stock price.
Pinduoduo is currently in an upward channel. If it is targeted by short selling, the stock price will not go up, which will have a great impact on its development.
The purpose of going public is to obtain better financing, get more funds, and advance rapidly in the market. If Jinggao does this, then his listing would not be in vain, so he must defeat the short sellers.
...
...
Hong Kong Island.
Jinggao arranged to "attack" Pinduoduo's stock price, and the main executor was Jiuge Capital, a well-known asset management company in Hong Kong, which is similar to companies such as BlackRock, Vanguard, and Fidelity Investments.
Another executor is the famous private bank Morningside Bank in Hong Kong. This bank is not well-known in the eyes of ordinary people in Hong Kong, and it has many branches. But it is quite famous among the wealthy class.
Chenxi Bank's financial products, its relationship with Jinggao, and the related private banking services it provides are very popular and well-known in Hong Kong Island.
Around ten o'clock on Friday night.
Wei Chenjun, chairman and CEO of Chenxi Bank, set up a trading room in Chenxi Bank's headquarters building specifically for shorting Pinduoduo.
Wei Chenjun's assistant Yu Jie is a slim young woman who is thirty years old this year. She has gradually trained herself over the years following her boss and is giving various instructions clearly in the trading room.
Six traders are operating according to her instructions.
The battle in the stock market is not entirely determined by the amount of ammunition, that is, the amount of funds, but also depends on the general trend of the stock market.
Because the main funds of both the long and short sides are limited, it is more important to mobilize market expectations and let most of the funds in the market follow one's expectations, so as to achieve the leverage effect.
Therefore, placing buy orders and selling orders requires a certain degree of judgment and rhythm. In short, trading is a technical job. Moreover, the trading time will not end in the short term. It may take one or two months.
As the intense operation ended, Yu Jie recovered from her tense thinking, and fatigue came like a tide. She looked at the time, it was already four o'clock in the morning.
"Everyone, have a good rest!" Yu Jie instructed the traders.
Next to the trading room is the lounge that is comparable to the presidential suite of a five-star hotel. The headquarters of Chenxi Bank is a rectangular 11-story old British-style building. Don't be fooled by the exterior, it is full of history.
But the decoration inside is very luxurious.
The perimeter of the rest area in the trading room is full of cameras and bodyguards. The traders hold the core secrets and are absolutely not allowed to leave without permission before the operation is completed.
Because any confidential information can be exchanged for money.
Even though the trading team always gets a share of the boss's profits, generally they can get 3% of the profits. This is the trading fee, a high income. But no one will use money to test human nature.
So the best thing for everyone is to take precautions from the beginning.
The six traders of different skin colors obviously understood the rules of the industry. They shouted in response and stood up to rest in the rest area.
Yu Jie sorted out today's situation, printed it out, and walked to the chairman's office with the information. "Sister Jun, today's trading results are out."
Wei Chenjun was also resting in the office, leaning slightly in the boss chair and drinking coffee. "Fei Ji, how is it going?"
She was wearing a water blue dress, with curvy curves, a very charming 33-year-old beautiful young woman, slender, plump, bright and sexy. At the same time, she had the elegance and reserve of a strong woman.
Although Jing Gao was very serious when he gave her instructions, emphasizing that the blow to Pinduoduo's stock price must be completed, she actually did not devote too much energy to it and was still operating the Morning Light Fund she controlled.
The task of shorting Pinduoduo was given to assistant Yu Jie.
This is not because she is arrogant or doesn't care. On the contrary, according to her professional judgment, with sufficient funds, shorting Pinduoduo is not a problem at all. Pinduoduo's bulls can't defend against it at all!
The operating mechanism of U.S. stocks is different from that in China.
Even if she doesn't have any stocks, she can still place a sell order. So she has $50 billion in funds to spend, and she can be a banker in Pinduoduo's market value.
Yu Jie has a petite figure, with a curvy figure, and she wears a short skirt and flesh-colored stockings, which makes her look cool. In late May, it was already summer in Hong Kong Island. She said with a smile:
Sister Jun, the other side's resistance today is particularly fierce, more fierce than the previous three days. I think they have raised funds. Moreover, I noticed the announcement they released, accusing Wall Street of short-selling reports.
cluck. "
This kind of short-selling report is just like a lawyer's letter. You can send as many as you want. It only costs a little money.
Don't think that this is related to the company's reputation, and you should be cautious. A company with a low market share in the Nasdaq market cannot rise to this height.
Yu Jie smiled and said: "I pushed their stock price down to $15.8, which is close to the level of the short-selling report. Pinduoduo's stock price may not fall completely, but it will definitely make them uncomfortable for a while.
They are now waiting for the quarterly financial report to be released before they can make a comeback. It’s still early.”
Wei Chenjun smiled and nodded, bright and reserved, with the charm of a beautiful young woman, "Okay, you continue to control it. I will report to Brother Jing."
Yu Jie was Wei Chenjun's most trusted confidant, and asked curiously, "Is Mr. Jing still awake at this hour?"
Wei Chenjun held up his phone and sent a message, smiling, "How is that possible? He usually has a very regular schedule! I sent him a message, and he will see it the next day."
...
...
4:26 AM.
Magic City.
In Pinduoduo's company, Huang Zheng looked at the stock price on the projector with an expressionless face, feeling like there was a volcano in his chest waiting to erupt.
Chen Lei, who was full of information just now, now calmed down.
The atmosphere in the office was extremely depressing.
Their traders fought hard for a day but were still defeated, and the $8 million in funds were reduced to only $2 million.
Because Chen Lei was in high spirits when the market opened, he ordered everyone to push up the stock price at all costs.
"Old Huang, let me take responsibility for this! Keep your head down for now, and wait for our second quarter financial report to come out, and then we'll beat these short sellers!"
"Don't talk nonsense, how can you be responsible? It's the weekend, I'll ask Ah Duan to coordinate!" Huang Zheng's mouth was full of bitterness, and the coffee in his hand was very bitter!
(End of this chapter)
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