Guan Lin is one of the directors of Tianyu Group.
He was one of Zhang Zhongguo's earliest followers and now owns 3.5% of the company.
Now that he is getting old, he is not involved in the company's affairs much and is currently travelling.
Something happened at Tianyu Group last night, and someone called to remind him, so he has been paying attention to the stock price of the company today.
Seeing the sharp drop at the opening, he hesitated. Yesterday's incident was quite a big deal, and his experience told him that Tianyu Group's stock price might fall quite a bit this time.
Under normal circumstances, he would probably sell some of his shares first and then buy them back when the price is low.
This is something he often does. Using his position in the group, he occasionally obtains some information and buys low and sells high, making a difference in the price.
The market value of his shares is about 500 million yuan. Slightly buying and selling some stocks to make a difference is a profit of a few million or even tens of millions of yuan, which is almost enough for his daily expenses, not to mention the fact that he also receives dividends every year and lives a very comfortable life.
However, this morning, Zhang Zhongguo called him and asked him not to sell his shares.
Tianyu Group is in a critical period and does not have sufficient funds. If he sells his shares, it may cause a chain reaction.
Guan Lin agreed at once.
His entire fortune was in the shares of Tianyu Group, and he planned to live off the company for the rest of his life, so naturally he didn't want anything to happen to it.
However, it was precisely because he planned to live off the company for the rest of his life that he had been paying close attention to the stock price of Tianyu Group today.
In case anything happened, he would be able to react in time.
Seeing that the stock price of Tianyu Group had fallen by 2% before stabilising, and was even rising again, Guan Lin nodded slightly.
This should be the work of Zhang Zhongguo. He knows Zhang Zhongguo very well. Zhang Zhongguo is a person who will not suffer losses. It is obvious that someone is targeting Tianyu Group. If this were the case with a chairman with a good temper, he might take advantage of the situation and sell some shares. When the price drops to a certain level, he can buy back a large number of shares. After the public opinion dies down, he can then push up the stock price and sell the previously purchased shares, making a profit.
In the worst case scenario, he will not lose too much.
However, in this way, they will also profit those who deal with their Tianyu Group.
Zhang Zhongguo has always regarded Tianyu Group as his prey, and will never easily let an unknown person, who is also dealing with their Tianyu Group, take a bite.
No wonder Zhang Zhongguo did not let him sell his shares.
He still believes in Zhang Zhongguo's abilities.
Since Zhang Zhongguo is doing this, then this matter should be under Zhang Zhongguo's control.
'Ding!'
Just then, an electronic voice sounded, and a pop-up window appeared on the computer screen he was looking at.
'Huh?'
Guan Lin was about to click to close the pop-up window when he suddenly noticed the words 'Tianyu Group' on the pop-up window.
He quickly clicked to open it.
'Tianyu Group's rise to power shady! Tianyu Group's senior management bribery data!'
After Guan Lin clicked to open it, he immediately entered the homepage of a portal website, and these big words appeared in front of him, very conspicuous.
Guan Lin was shocked and quickly clicked on the link to the line of words again.
He saw how the early days of the Tianyu Group's rise to wealth were written about, as well as the bribery records of the Tianyu Group's senior management to some officials. Guan Lin was an old hand at the Tianyu Group and was even a core figure who had followed Zhang Zhongguo in the early days. He could tell at a glance that what was written there was all true, because there were many things that he had done.
Many large enterprises that have grown up from a small business are often not very clean in the early stages, and Tianyu Group is no exception. What is recorded here are precisely those unsavoury things.
Guan Lin's face instantly paled, and cold sweat broke out all over his body.
What's going on? How did all this appear online? And, on the homepage of a portal website?
Yesterday, a video about their Tianyu Group was posted on the homepage of every major portal website. He was familiar with these portal websites and knew the power of being posted on the homepage.
'Ding!'
'Ding!'
Just then, one pop-up window after another appeared, but it was the homepage of one portal after another that appeared in front of him.
Without exception, they all had the post hanging on them.
Guan Lin's palm trembled slightly as he clicked on one link after another. The more he looked, the more shocked and frightened he became.
'DING!'
Just then, his stock trading software emitted a shrill alarm sound.
Guan Lin's face changed drastically, and he quickly clicked on his stock trading software.
It was shown that the stock price of Tianyu Group had already dropped by 5%, and was still rapidly falling.
Guan Lin's heart trembled, and he became inexplicably panicked.
If the information in that post was verified by the relevant authorities, their Tianyu Group would probably have a major incident. A stock price crash would be a minor matter, and they might even go bankrupt.
This is no exaggeration. Their Tianyu Group has recently made a series of big moves, and they have borrowed a lot of money to pay off their loans. If anything happens, it is estimated that all the projects in progress will go wrong. The capital chain of a large enterprise is very important. Once there is a problem like this, everything is interlinked, and it is hard to say how much of their Tianyu Group's final assets will remain.
Does the person who is dealing with their Tianyu Group know some insider information, does he know that their Tianyu Group is about to have a major incident?
At 11:15, the stock price of Tianyu Group has already fallen by 6%!
Panic selling has already started, with many investors beginning to sell their Tianyu Group shares in large quantities. Some investors who want to short sell have also started to do so.
Sell! Sell! Sell!
Without hesitation, Guan Lin quickly clicks his mouse to quickly place an order to sell his Tianyu Group shares.
As for the promise he made to Zhang Zhongguo this morning, he has already forgotten about it.
He is afraid that if it gets any later, and more people see the post, he will never be able to sell his shares again.
There were only ten minutes left before the morning trading session closed, and there was no time left.
He had a lot of shares, and if he couldn't sell them before the morning trading session closed, the post would be discovered by more people in the hour and a half before the afternoon trading session opened, causing a sensation, and it would be difficult to sell them again in the afternoon.
Tianyu Group headquarters.
'Five percent...six percent...'
'Quickly open a new account...buy quickly...'
Several traders at Tianyu Group were busy and reported the situation to Zhang Zhongguo quickly.
The short-selling force suddenly increased a lot, and coupled with a large number of panic selling and following orders, they were caught off guard for a while.
Fortunately, the biggest force was the use of margin trading, which had a limit on the selling price, otherwise, it was really possible to be suddenly stopped by the other party's sudden drop.
'This is probably their last resort, so we must remain calm,' Zhang Zhongguo said calmly.
The other party had been short selling, but the stock price had not fallen, and sooner or later they would make a desperate attempt. He had predicted this long ago.
This is the final battle. As long as they can withstand this wave of decline, they will have won most of the battle.
Unfortunately, Tianyu Group has recently made a series of major moves and does not have much cash left. Otherwise, he would buy as much as the other side sells, and then collect most of the floating chips in the market. It would not be easy for the other side to repay the bonds.
At that time, he will let the other side know that if they dare to plot against Tianyu Group, he will definitely not let them get away with it.
'Beep! Beep! Beep!'
At that moment, the stock trading software in front of the several traders of Tianyu Group emitted a harsh alarm sound one after the other.
'Six point two percent...six point five percent...six point seven percent...'
'No, the price is wrong, the other party is no longer selling short-selling stocks...'
The several traders of Tianyu Group said with a changed expression.
'Continue buying!' Zhang Zhongguo said coldly.
There was no turning back after fighting so hard. The other party was after their Tianyu Group, so it was only natural that they would own some of their shares in advance.
They just didn't know how many shares the other party had.