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Chapter 634

~7 min read 1,351 words

July 987.

The force represented by Bob Marley has formally reconciled with Yang Qing.

At the same time, he began using his own power to help the Yang Family restore its reputation.

Everyone says history is a big maiden, freely dressed up by people.

Public opinion is no different.

However harshly they previously criticized the Yang Family, now they praise it just as fiercely.

And many of those who blackened the Yang Family were also arrested by the Hong Fu; upon investigation, these people had taken money.

Dogs are meant to be sacrificed; those who thought they were clinging to a big thigh never imagined that, in the blink of an eye, they would be sold by their master.

As Yang's Group gradually returned to normal, the tremendous investment value of Yang's Group shares exploded.

Yang Qing didn't even manipulate; the share price just kept rising.

Indeed, most of the chips in the market are in Yang Qing's hands.

Being able to launch a privatization shows that Yang Qing holds 75% of the shares; adding Yingjiang's and HSBC's holdings, the floating shares of Yang's Group in the market can be described as extremely scarce.

Bob Marley has been keeping an eye on Yang Qing, guarding against him deliberately raising the share price.

But even without Yang Qing's manipulation, Yang's Group's share price has been soaring all the way.

The shares he holds for hedging need to be returned.

After returning them, they still need to buy.

This growth has little to do with them.

But if they want to acquire a 20% stake, the price they must pay is closely related to the share price.

And to acquire shares, he must wait for Yang Qing to release chips.

And to get Yang Qing to release chips, we must let Yang's Group return to its normal value.

That is, reaching a price acceptable to both sides.

However, the market now seems to have entered a frenzy.

The stock market is surging across the board.

Bob Marley is terrified; in this situation, they may have to pay a heavy price.

Even so high that they cannot possibly come up with such a price.

As time passes, Yang's Group's share price continues to grow wildly.

Because chips are scarce, Yang's Group shares are hard to come by, and its share price keeps rising.

Yang's Group's total market value quickly exceeded 600 billion Hong Kong dollars (don't think that's a lot; the value of Azure Rainbow Media alone is tens of billions of US dollars, and Pizza Hut also has a market value of several billion US dollars, plus Harmony Record, Harmony, Many Stars…… cannot be calculated by historical standards, because Yang Qing has created many companies, supported numerous allies, and even brought the UK into the market.)

Bob Marley is now sweating profusely.

However harshly he previously suppressed, the rebound is now just as fierce.

The key is, it's not yet the peak; the share price is still soaring.

But he has no choice but to start closing his long futures contracts to control Yang's Group's share price.

Then he uses the profits from his long positions to increase his holdings in Yang's Group's shares.

This both slows the growth of Yang's Group's share price, forcing Yang Qing to simultaneously begin releasing chips, and allows peaceful absorption of chips while realizing profit as the share price rises.

Bob Marley thought well. But the chips he released gave him no chance to buy back, and were quickly snatched away; although the increase in floating shares slowed the growth of Yang's Group's share price, it still wasn't enough to prompt Yang Qing to release chips for them.

Bob Marley knew that gradually closing positions was impossible; he could only increase the speed of closing.

The sudden appearance of a huge amount of chips in the market indeed caused many speculators to slow their accumulation, and the rise of Yang's Group's share price began to ease.

Lin Cong, upon noticing Bob Marley's actions, immediately sought out Yang Qing.

"Director Yang, the other side has breached the contract and started closing early; according to the current market, it can still rise for a while."

Yang Qing immediately saw through the other party's intention.

Now Yang's Group's share price has returned to its proper value.

They want to complete their position at the current price, so they began closing their long futures.

Because if the share price goes any higher, it would be a bubble, and Bob Marley would have trouble explaining it.

Yang Qing also doesn't want Yang's Group's share price to have too much volatility during a Stock Crash.

Thus, it's also necessary to suppress the share price.

Now it's time to slowly release chips.

Because they hold too many chips, and many were acquired when the market cap was one or two trillion.

Now selling them for cash is already huge profit.

Such a large-scale closing requires an enormous amount of time.

It's already July; there are only a few days left until October.

Yang Qing needs to sell off 30-40% of his position.

According to the current valuation, that's about two trillion.

Calculated over the maximum 90 days, he needs to sell several billion each day.

Such a trading volume accounts for more than half of the entire stock market's trading volume.

Even if Bob Marley keeps absorbing chips, it will still cause the share price to languish.

That is, if it coincides with the mad cow period; otherwise it will definitely cause a crash.

Now Yang's Group releasing such a large amount of stock is not considered a violation.

Because the privatization failed, Yang Qing must release the surplus shares he holds (not exceeding 50%); this is the regulation.

"Don't quibble over this small gain or loss; we've already made a killing, right?"

"According to the regulations, we also need to sell the shares we hold; let's start now."

When the other side started absorbing shares, we released our holdings.

We will try to complete the reduction plan within three months.

You haven't noticed? This year's market is a bit off.

Notify Japan and Yingjiang.

Except for the few I limited, the others can gradually liquidate.

After the stock market returns to rationality, we will then replenish our positions.

Yang Qing laid out the overall strategy; Lin Cong also stopped fussing.

Started following Bob Marley's buying and selling.

He doesn't just hold Yang Family shares; he also holds shares of many Gangdao companies.

He needs to formulate a detailed liquidation plan.

If coordination is poor, it will cause huge turmoil in the Gangdao stock market.

Bob Marley, seeing that Yang Qing had no overreaction, also breathed a sigh of relief.

He truly feared that Yang Qing would not give him face, would drive the stock to keep surging, in which case he would suffer huge losses.

Yang Qing's liquidation plan is proceeding slowly.

Gangdao also began to slowly regain calm.

And Bang Geng, who was detained in prison, also began to experience the terror of the Gangdao detention center.

That is, the Hong Fu feared his status as Yang Qing's stepson, so they did not throw him into prison.

Otherwise he would know what hell is.

Even in the detention center, Bang Geng did not dare to bend over; it was too painful.

Don't forget Bang Geng still has a drug addiction.

After several episodes, the detention center again sent him to the rehab center.

At this time, Gangdao's rehab center is certainly not a good place; the rich naturally have everything, while the poor have to rely on fate.

After Bang Geng was transferred to the rehab center, Hong Fu notified Qin Huairu, after all, this is her son.

Qin Huairu deeply hated this demon she considered him to be.

But after all, he is her own son; she could not bring herself to be harsh…………

Send him and his wife Qiao Hui together.

Give them an ordinary room.

If they can endure, they live; if they cannot, they die; I will treat it as if I never gave birth to this beast.

◈

End of Chapter

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