Reborn Rich To Rival Country

Chapter 792 Level 2 Fusing

"The opponent is very strong."

Zhuge Wan'er looked at the computer screen and said seriously:

"Companies like Hongxing Real Estate, which is supported by the real economy and high-quality projects, have been smashed to this point by opponents using a series of means."

"Except for the several stock market disasters that swept the world, I have never seen the price of a popular blue-chip stock fall so fast. A total of five minutes before and after has triggered the primary market to melt."

"Fusing" is actually a protection mechanism, which can also be felt from this word. When we use electricity, if there is an overload or a line failure, the fuse will be blown, and then the power will be cut off. After finding out the fault, connect the fuse again, and the power returns to normal.

In the stock market, when there is a sudden systemic sell-off risk, causing the index to fall excessively in the short term, the exchange suspends stock market trading to let investors calm down, thus playing a certain market protection role.

Generally, trading will be suspended for a period of time, and then continue to trade. If the trading resumes and then continues to fall, and the circuit breaker condition is triggered again, trading will be suspended again until the close of the day.

Originally, Hong Kong stocks did not have a single stock circuit breaker mechanism.

However, due to a series of butterfly effects of Chen Mo's rebirth, Hong Kong stocks now have a circuit breaker mechanism and a rising ceiling mechanism for a single stock.

In this life, the Hong Kong stock market fell by 15%, triggering a circuit breaker in the primary market; the market fell by 30%, triggering a circuit breaker in the secondary market; the market fell by 50%, triggering a circuit breaker in the tertiary market.

The circuit breaker mechanism of each level is different. When the first and second level circuit breakers are triggered, trading will be suspended for 15 minutes, and when the third level circuit breaker is triggered, trading will be stopped for the whole day.

Chen Mo sighed: "Yeah, the primary market will be cut off in a few minutes. It can be said that this is even more terrible than the last stock market crash!"

"But it's better this way. If I fall through it, I'll be able to buy the dip."

Zhuge Wan'er said with a smile, "They chose to sell short this time, I'm afraid they will lose all their shorts!"

Chen Mo said: "How about it, don't you consider a part of Hongxing's stock in the test?"

Zhuge Wan'er rolled her eyes at Chen Mo: "You don't need to pay?"

"No need, I will give you 20% after my privatization is successful." Chen Mo said with a smile.

"Give me 20% of the Hongxing stock, and take one step closer to win over the Zhuge family, so that you can have a king of heaven to back you."

Zhuge Wan'er thumped the crotch of the doll in her hand, gritted her teeth and said, "Chen Mo, put away your ten thousand minds, don't count on Miss Ben!!!"

Chen Mo smiled awkwardly and said, "Sometimes the little girl is too smart to marry."

"If you can't get married, I'll rely on your house! I'll get into a bed with your wife, occupy your wife, and let you be a living widow!" Zhuge Wan'er stuck out her tongue.

And right now.

The 15-minute trading suspension caused by the first-level circuit breaker has been lifted.

The shares of Hongxing Real Estate are listed again and can be bought and sold freely.

The effect of the circuit breaker was good, many investors calmed down, and the rate of decline was visibly slowed down.

"The other party will definitely continue to sell shorts. When are you going to do it?" Zhuge Wan'er asked.

"Wait until the third-level fuse is about to break." Chen Mo said.

Once the third-level circuit breaker is triggered, the stock will be suspended.

Chen Mo was reluctant to see his stock suspended.

The words just fell!

There are 10 more sky-high sell orders! ! !

The sky-high sell orders of up to 10,000 lots in total caused the second avalanche of Hongxing's stock price!

Even, even the entire real estate sector has been engaged in a series of declines!

The bosses of many real estate companies are madly scolding Chen Mo!

It's a fight between gods and mortals! ! !

Who are they provoking?

Investors are now reacting.

Someone is going to smash it! And smash it at any cost! ! !

"Woooooo, Mom, I'll never play stocks again!"

"Give me the money back, can't I stop playing?"

"Hahaha, it's all bubbles, it's all fake, hahaha..."

"..."

At the same time when the secondary circuit breaker was triggered, the mentality of many investors also completely exploded! ! !

They can be sure that the third-level fuse will be triggered today, and Hongxing is helpless!

"The second-level circuit breaker is out, and the rate of decline is too fast. I suggest you resume trading immediately to avoid triggering the third-level circuit breaker and the stock trading suspension." Zhuge Wan'er said.

"Um."

The situation was a little out of control, and the two of them stopped laughing and laughing.

Chen Mo called He Chaoling directly:

"Secretary He, you will immediately submit an application to the Hong Kong Stock Exchange Commission in my name, and Hongxing Real Estate will be issuing additional shares!"

"Moyuan Capital will immediately inject 100 billion yuan into Hongxing Real Estate Company for additional stock issuance."

"At the same time, apply to me to lift the restriction on the rise and fall of Hongxing's stock price!"

Because the current Hong Kong stock market has a circuit breaker mechanism and a ceiling increase mechanism, if you want to have no restrictions, you must apply to the Stock Exchange Commission.

He Chaoling nodded: "Okay boss, I'll do what you want!"

Soon, the official website of Hongxing Real Estate, as well as major securities trading software, showed this blockbuster news!

The parent company of Hongxing Real Estate, Moyuan Capital will invest 100 billion yuan to issue additional shares, and apply for lifting the limit on the rise and fall of Hongxing shares!

When this announcement came out, everyone was stunned!

Everyone knows that Chen Mo is going to fight the bears head on!

But many experienced veterans saw this news and couldn't help shaking their heads, feeling that Chen Mo's head was kicked by a donkey.

Now it is obvious that the stock price collapse caused by the lack of confidence of market investors in Hongxing Real Estate!

Hongxing didn't want to find a way to get good news out, but instead issued additional shares as a shield?

If you inject enough capital, you can turn the tide.

But just 100 billion...

Not even one-third of other people's sell orders?

ridiculous! ! !

The issuance of additional stocks at this juncture will only make other investors who are still on the sidelines more disappointed, thus throwing away the Hongxing stocks in their hands!

Even if this 100 billion is injected, the stock price can temporarily stop falling.

But once this energy has been digested, Hongxing will continue to fall!

...

"Chen Mo really keeps his back!"

Looking at the announcement on the computer screen, the smile on Shang Li's face gradually became presumptuous:

"It's a pity, he has too few bullets, a mere 100 billion, which makes people laugh out loud!"

Li Cheng nodded: "It is estimated that the 100 billion yuan is all from Chen Mo's smashing the pot and selling iron. Maybe he sold some assets to get it together!"

Li Yiji grinned and said, "The most ridiculous thing is that Chen Mo actually dares to lift the price limit! Could it be that he still wants the stock price to go back up? Hahaha..."

Shang Li's eyes showed a long-lost confidence and courage: "Tomorrow is the day of the decisive battle. This time, I will fight Chen Mo's mother even without knowing it!"

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like