Chapter 2136 Chapter 2138 [The Zhongqing Society collapsed]
?In addition, the media also reported that in order to prevent other associations from merging with the Chung Youth Society, the police began to send additional police forces to patrol the Chung Youth Society''s territory.
This approach basically treats the symptoms rather than the root cause.
Because you can only commit a thief in a thousand days, but there is no reason to guard against a thief in a thousand days.
Zhongqing Society was seriously injured this time, and its power was greatly reduced. All major associations are eyeing it and want to take advantage of the opportunity to carve up its territory.
??But Ding Li''s ability is limited, his writing is not as good as Ding Wang''s Yin, his martial arts is not as brave as Ding Xiao''s, and he is not even as ruthless as Ding Yi''s.
At least Dingyi Crab has killed people, but Dingli Crab has no human life in its hands. From this point alone, he is inferior to Ding Yi Xie.
After all, to be the boss, you must be both ruthless and ruthless, wise and brave.
…
Turning around, when Xiang Nan went downstairs to buy breakfast early in the morning, he read a report in the newspaper that all the territory under the Zhongqing Society had been robbed by other gangs yesterday.
Although the police are always patrolling, there are times when they are careless.
?Moreover, the Zhongqing Society suffered more than fifty casualties and its strength was greatly reduced. Most of the remaining people are not willing to work for Dingli Crab anymore. After all, many of them have the blood of Dingxiao Crab on their hands.
??Given the close relationship between the four brothers in the Ding family, they were all afraid that if Ding Li Xia gained a foothold, he would come back to settle accounts with them and avenge his eldest brother. So naturally they ran away when they could.
The number of people who can be used by Dingli Crab is less than 10% of the previous number. Not to mention defending the territory of Kowloon City and Jordan, even protecting Ding Xiao crab, Ding Yi crab and Ding Wang crab in the hospital is not enough.
Dingli Crab originally wanted to keep a few of its most important industries, such as bars, mahjong parlors, and acupressure centers, so as to leave some foundation for a comeback in the future.
As a result, none of the family could be saved. After all, it is too difficult to withstand the attack of hundreds of people with just a few people. He was beaten away by a wave of people.
So the Zhongqing Society''s territory was easily snatched away, causing its power to plummet. The big club, which had a reputation for being vicious before, almost overnight, became a street rat that everyone wanted to beat up.
…
Xiang Nan felt very happy after reading the report.
The Zhongqing Society''s territory collapsed, and the younger brothers must have dispersed.
??The confused boy joins a gang, firstly for prestige, and secondly to make money.
Zhongqing Society’s territory was gone, and it was impossible to gain prestige and make money. In this case, who else is willing to stay?
?Just like in real life, the Yiqun where the **** Wu Xihao belonged was one of the four major gangs in Hong Kong. According to incomplete statistics, there are as many as 20,000 helpers.
But after Lai Hao and other leaders were arrested, the momentum of Yiqun immediately plummeted. By the 1990s, the Yiqun had ceased to exist in name only, with no more than a few hundred members.
The territory is gone, the little brother is gone, and the good days of Dingli Crab are finally over.
?In order to prevent him from making a comeback, those associations will definitely eradicate him. At that time, Dingli Crab will be like Fang Zhanbo in the play, with nowhere to escape and in constant panic.
?That’s called retribution!
…
After breakfast, Xiang Nan first sent Fang Min to school, then went to the hospital to deliver soup to the little Jew, and then went to the Chinese Bank to keep an eye on today''s stock market.
??He has deposited three million Hong Kong dollars into his account, and also bought Litong Enterprises with five times leverage. As a result, his principal amounted to HK$5.8 million, and the funds he leveraged reached HK$29 million.
In today''s stock market, this is considered a lot of money.
At 9:30, the stock market officially opens.
As soon as the market opened, Xiang Nan asked his stockbroker to buy a large amount of Litong Enterprise shares.
He is certain that the share price of Litong Enterprises will soar today. On the one hand, the stock price of Litong Enterprises plummeted because of widespread rumors that chairman Lin Yingwen was suffering from cancer, which caused investors to avoid suspicion and sell.
?Now that Lin Yingwen has refuted the rumors, if this is the case, the bad news has been changed to good news, which will naturally lead to a rebound in Litong''s stock price;
On the one hand, Lin Yingwen has purchased a large number of Litong Enterprise shares on the last trading day. If Litong Enterprise''s stock price does not rebound, he will also suffer heavy losses.
So he will definitely raise the share price of Litong Enterprises. When the time comes, Xiang Nan will hitchhike with him and make a fortune with him.
…
Sure enough, as soon as the market opened at 9:30, the share price of Litong Enterprises soared.
At the close of the last trading day, the stock price was eight yuan, and it rose several prices as soon as the market opened.
When investors saw this, they all chased the rise, pushing the share price of Litong Enterprises higher and higher. By the time the market closed at 12 o''clock, Litong Enterprise''s share price had risen to 12 yuan.
Xiang Nan’s capital of 29 million has increased to more than 39 million, and he has earned more than 10 million Hong Kong dollars.
Becoming a multi-millionaire all of a sudden, Xiang Nan was inevitably excited.
?But fortunately, he had been a billionaire before, so becoming a multimillionaire did not make him get carried away.
??He still calmly ate at a nearby tea restaurant, unlike those stock investors who get carried away after making a little money and go to high-end restaurants to eat, eat shark''s fins, and rinse their mouths with bird''s nests. It''s really disappointing.
“Litong Enterprises has gone up very well today. I bought two lots and made a small profit.”
"Yes, it has risen from eight yuan to twelve yuan, an increase of 50%. Those who bought this stock are really prosperous."
“Let me tell you a secret. I heard that Merit will pay dividends in two days, and the stock price will definitely rise.”
“Is it true?! Then I have to buy two hands.”
Share investors talked a lot.
Xiang Nan’s eyes lit up when he heard this.
It seems that Chen Wanxian is ready to take action.
?His usual routine is to first release false news, claiming that the company will pay high dividends and issue bonus shares.
? Distributing high dividends means distributing the company''s profits to shareholders in the form of cash in proportion to their shares; issuing bonus shares means distributing the company''s profits in the form of stocks to shareholders in proportion to their shares.
?Although these two forms are different, they both bring benefits to shareholders, so they are very effective in raising the stock price.
When investors started to buy stocks, he would take the opportunity to sell them at a high price, and then announce that the news of high dividends and bonus shares was false, and at the same time announce a rights issue. As a result, the stock price plummeted. He took the opportunity to go short and make another profit.
When the stock price drops to the bottom, he will take advantage of the low price and buy back the previously sold stocks. Sell ??high, buy low, buy short and sell short, making him a lot of money.
??But the small and medium-sized shareholders were bankrupted and heavily in debt by him, so his move was really unethical.
??But he is not without risks.
When he is short, he has no goods on hand. If the stock price can be raised higher than his short selling price, then Chen Wanxian will have to spend more money to cover his position.
??If there are not enough stocks to close the position, he will be forced to close the position and lose all his pants.
?At that time, Fang Jinxin and Chen Wanxian started a war over Polaris stock. Chen Wanxian went short and Fang Jinxin went long, raising the stock price to a high level and forcing Chen Wanxian to almost die.
??If Ding Xie hadn''t knocked Fang Jinxin unconscious, Chen Wanxian would have gone bankrupt more than ten years ago.
(End of this chapter)