Yang Yuechuan asked without even raising his head:
"What's up?"
"Someone is suppressing the stock price of Yang Group."
"Just follow the normal plan."
It is quite normal for listed companies to experience pressure on their stock prices, and there is nothing to make a fuss about.
"The company's funds used to maintain the stock price have been used up, and the reserve fund needs to be used, and your signature is needed"
Yang Yuechuan suddenly raised his head:
"All 40 million have been used up?"
"Run out¡¡"
¡°It¡¯s been taking so long, why didn¡¯t you report it earlier!¡±
Yang Yuechuan believes that it will take a certain amount of time to spend all 40 million.
The secretary-general has time to report the situation to him.
"It takes 2 minutes for the opponent to launch an attack, and all 40 million will be spent. I will come to find you"
"What?"
Yang Yuechuan was no longer calm.
It¡¯s terrible to spend 4,000 in two minutes.
"The other party suddenly sold a large amount of the group's shares at a very low price. We must buy them back, otherwise the market will be chaotic. Moreover, the other party is still accumulating funds while selling. We must act, so now we need reserve funds "
Yang Yuechuan finally noticed the two words the Secretary Dong said about the other party:
"Who is the person you are talking about?"
¡°We don¡¯t know for the time being, but they shouldn¡¯t be bookmakers or investment institutions, because they don¡¯t seem to be doing it to make money, but purely to smash the market, and their funds are very large"
Market makers and investment companies want to make money in the stock market.
Usually, they secretly accumulate funds and use the chips in their hands to suppress the stock price, hoping to obtain more cheap chips.
But now the other party is acting like a lunatic, hitting the stock price at all costs.
This is obviously not normal.
"So what is the group's stock price now?"
"When I came here, it was 8 yuan and 30 cents, but it has been several minutes, and the price must be below 8 yuan, maybe even 7 yuan"
The secretary-general wanted to say, if you didn¡¯t waste time loading up your pen, you wouldn¡¯t be in trouble now.
Yang Yuechuan's face turned red and white.
He heard what the secretary-general meant.
"I'll call the finance department right away and allow you to use the reserve fund. Make sure to raise the price."
"I can't pull it back"
The secretary-general shook his head:
"The reserve fund is only 50 million yuan. If it is more than 8 yuan, it is still possible to recover it. Now we can only stabilize the stock price. This depends on the amount of funds of the other party. If the other party has sufficient funds, we cannot support it for too long!"
"Is there any other way?"
Yang Yuechuan wanted to curse, but he held back.
"If the group has sufficient funds, it can repurchase the group's shares and wait for the group's stock price to rise back. We can still make a profit"
"Then we can just ignore the stock price now and let it fall until it rises, right?"
"If the group buys back, at least some people will take a wait-and-see attitude. If it is allowed to fall, the group's stock will become useless paper!"
The secretary-general was speechless to Yang Yuechuan and the bosses on the board of directors who didn't understand business at all.
"How much funding is needed?"
"At least 150 million"
Yang Yuechuan shook his head: "Even if I mobilize funds from the branch, it won't be enough"
The super stores in Shanghai take up a lot of funds, and the company does not have much liquidity.
"It's not good, it's not good"
Yang Yuelin¡¯s secretary rushed in.
Yang Yuelin opened his mouth to scold, but when he thought about the losses that the group had suffered because of wasting time, he held back.
His secretary had already picked up the remote control and turned on the TV in the office.
"According to this station's report, the Yang Group has made frequent moves in the mainland market and invested a large amount of capital, which has led to the rupture of the Yang Group's capital chain. At the same time, affected by the Asian financial crisis, Hong Kong's real estate and temporary sales industries have been in a downturn, and the Yang Group The group's profits have been declining for many years in a row. According to authoritative reports, Yang Group will suffer losses in the second quarter of this year"
Yang Yuechuan didn¡¯t hear anything said on TV.
He stared blankly at the real-time display of Yang Group¡¯s stock price on the upper left side of the TV.
6 yuan 9 cents 7,
Before the secretary to the board of directors came, the stock price was still over 8 yuan.
But now it¡¯s less than 7 yuan, and the price is?is falling.
"The share price of Yang Group fell by more than 25% in just ten minutes. Is this man-made or is the group really at the end of the road? We will follow up and report"
"The latest news from this station is that Yang Group's new project is unable to pay workers due to insufficient funds. Under the leadership of trade union personnel, more than 200 people asked for wages at the Kowloon Building where Yang Group's headquarters is located. Let us come Look at the scenes at the scene"
In the TV screen, a dense group of people blocked the entrance of the building.
Holding a banner, they demanded that the Yang Group make up for the unpaid wages.
"It's not good, it's not good"
Another person rushed into the office, looking panicked.
But the man glanced at the TV and went out silently.
He doesn¡¯t need to say anything.
Yang Yuelin didn't have time to pay attention to who the person who broke in was. What he was thinking about now was how to solve the trouble.
"Secretary Che, go to the TV station and the labor union and ask them who is behind this"
Yang Yuelin can be sure that this is a premeditated and organized action against the Yang Group.
The top priority is to find the person behind it.
"Secretary, you use the group's reserve fund first, and I will mobilize some funds. You have only one task, to stabilize the stock price until I investigate the mastermind behind it"
"Chairman, I can't guarantee that it will be stable. I can only say that I will do my best to ensure that the group's stock price does not fall too hard"
Yang Yuechuan opened his mouth to curse, but when the words reached his lips, he swallowed them back.
He doesn¡¯t understand finance, and the only person the group can use now is the secretary-general in front of him.
Because of what happened just now, he could detect a change in the attitude of the secretary general.
If he is scolding people, the secretary is extremely idle, and the group will be lost.
¡°Just try your best, I¡¯m sorry to bother you¡±
No matter what Yang Yuelin thinks, he must wait for the Yang Group's crisis to be resolved.
The two men took the order and went out.
Yang Yuechuan called the finance department and then contacted the branch to mobilize funds.
After doing everything he could, Yang Yuechuan walked to the window.
The downstairs of the building was filled with darkness, filled with people coming to collect debts.
There are also some media broadcasting live.
Suppressing stock prices, media exposure, organizing debt collection,
Financial resources and connections are indispensable.
He couldn¡¯t imagine when the Yang Group had offended such a powerful person.
Yang Group was built by his father.
At that time, in order to survive, I offended many people,
But they have always adhered to one principle: not to offend anyone who is more powerful than them.
To put it bluntly, it means bullying the weak and fearing the strong.
The method is not very pretty, but it is very practical.
Yang Group has not encountered any major troubles for so many years since its establishment.
But this time, it was fierce.
He really couldn¡¯t imagine who was messing with the Yang family.