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Chapter 1013 Counterattack
The decline in the stock price of Lake E-commerce is not as simple as it seems on the surface.

According to Shen Mingzhu's investigation, the main reason for the decline in the stock price of Longfor E-commerce is that foreign capital is maliciously selling short.

It is the Blackwater Fund of the United States that is shorting Longfor E-commerce.

Blackwater Fund is a fund company that earns huge profits by shorting listed companies. It has a strong record and has successfully shorted many Chinese companies before.

This time, the eyes of Blackwater Fund are fixed on Longfor E-commerce.

The Blackwater Fund issued an investigation report, claiming that the data released by Longfor E-commerce was fraudulent.

According to the investigation report of the Blackwater Fund, the sales data released by Longfor E-commerce on Double Eleven includes the sales data of companies such as Beichen Automobile and Xiawei Mobile.There is a huge gap between the actual sales of Longfor e-commerce and Taohuo.

Moreover, based on the data released by Longfor E-commerce, Blackwater Fund judged that Longfor E-commerce did not have the ability to be responsible for its own profits and losses.At present, it should still be in a state of loss, just relying on investors' funds to maintain daily operations.

To put it bluntly, the sales of Longfor E-commerce cannot support the stock price of Longfor E-commerce.

Blackwater Fund has shorted several times before, and none of them failed.Therefore, the market reacted very strongly to the report of the Blackwater Fund.

Once the announcement of the Blackwater Fund was released, the stock price of Longfor E-Commerce ushered in a new wave of decline.

The management of Longfor E-commerce held a meeting overnight.

This is the biggest crisis Shen Mingzhu has encountered since taking over Longfor E-commerce.

In the office building of Longfor E-commerce, the lights were kept on all night.

As soon as the stock market opened the next day, the stock price of Longfor E-commerce continued to fall.

After a sleepless night, Shen Mingzhu found Liu Xiaoguang and Cai Chongwen.

Only Liu Xiaoguang, Cai Chongwen and Yang Leping participated in this meeting.

The specific content of the talks", no one knows. Only in the afternoon of that day, Longhu E-commerce began to buy back its own stocks on a large scale.

In addition to the funds of Longfor E-commerce, there are also personal funds of Liu Xiaoguang, Yang Leping, Cai Chongwen and Shen Mingzhu.

When the stock price of a listed company plummets, it is not uncommon for the company to buy back its own stock.

However, the repurchase speed of Longfor E-commerce surprised everyone.

Longfor E-commerce purchased all its own stocks in circulation at the lowest price of the day.However, although Longfor E-commerce has a firm attitude, the stock price of Longfor E-commerce that day was still at the price limit when the market closed.

Liu Xiaoguang silently mobilized the funds of the old Longfor Group.

At the opening of the next day, the stock price of Longfor E-commerce continued to fall.Liu Xiaoguang still bought the shares of Longfor E-commerce at the lowest price of the day.

After two days of repurchase, Liu Xiaoguang bought [-]% of the shares of Longfor E-commerce.

According to the current market value of Longfor E-commerce, Liu Xiaoguang bought more than 50 billion Chinese yuan in stocks in the past two days.

Including the stocks originally held by Liu Xiaoguang, the shares of Longfor E-commerce held by Liu Xiaoguang have exceeded 50.00%!
At the close, someone finally realized what Liu Xiaoguang was doing.

Lu Xun, a well-known financial blogger, published an article on the professional financial app Snowflake.

"Due to the short-selling of the Blackwater Fund, the stock price of Longfor E-commerce continued to fall. In the last two trading days, Liu Xiaoguang, the actual controller of Longfor E-commerce, repurchased shares worth more than 50 billion Chinese yuan. Although there is no official announcement, but I guess that Liu Xiaoguang should be preparing to privatize Longfor E-commerce. If Liu Xiaoguang privatizes Longfor E-commerce, the stock price of Longfor E-commerce will definitely rise. Personally, I feel that Longfor E-commerce can buy the bottom.”

Lu Xun's article has aroused great attention, and the comments under the article have different opinions.

"Dude, are you crazy about being famous? Although the stock price has plummeted, the market value of Longfor E-commerce is around 500 billion. Liu Xiaoguang needs at least about 300 billion in funds to complete the privatization of Longfor E-commerce."

"This person will attract people's attention. Blackwater Fund has been short-selling several times before, and they have been very successful. This time, Longfor E-commerce should be no different. Now buying the shares of Longfor E-commerce is just a flying knife."

"Agreed, the stock price of Longfor E-commerce is sure to fall! This kind of stock must not be bought. I think Lu Xun must have received money from Longfor E-commerce."

"I think what the blogger said makes sense. The old Longfor Group will definitely not sit still like this. Longfor E-commerce still has a chance to come back. I am going to buy some shares of Longfor E-commerce. If Longfor E-commerce is privatized, it must be acquired at a premium The stocks in the hands of retail investors."

"Whoever likes to buy will buy. I dare not buy the stocks of Longfor E-commerce!"

……

Obviously, there are not a few people who have the same opinion as Lu Xun.

At the opening of the third day, the stock price of Longfor E-commerce stopped falling.

Blackwater Fund also noticed Liu Xiaoguang's move.The two sides began a contest.

The stock price of Longfor E-commerce began to fluctuate greatly.

The old Longhu Group did not respond to this.However, Liu Xiaoguang still continued to repurchase the shares of Longfor E-commerce.

More and more people are noticing the abnormal situation of Longfor e-commerce.

Although Liu Xiaoguang is worth tens of billions, the money is all shares in the company. It is unrealistic for you to ask Liu Xiaoguang to spend 300 billion to buy back Longfor E-commerce.Liu Xiaoguang knows that if he wants to fight against the Blackwater Fund, he cannot rely solely on his own strength.He contacted entrepreneurs in Jiangbei Province as soon as possible.

As the chairman of the Jiangbei Provincial Entrepreneurs Association, Liu Xiaoguang has a considerable status in the business circles of Jiangbei Province.

Luo Qingquan, Jiang Zuo'an and other entrepreneurs in Jiangbei Province provided financial support to Liu Xiaoguang.One after another invested in the purchase of shares in Longfor E-commerce.

In addition to these entrepreneurs in Jiangbei Province, Liu Xiaoguang also contacted Han Zhengguang for help from the Huaan Association.

Han Zhengguang also fully agreed.The Hua'an Association is the top chamber of commerce in the Huaxia Kingdom, and those who can enter the Hua'an Association are all big businessmen in the Huaxia Kingdom.Knowing that Liu Xiaoguang needed help, these business leaders donated money one after another to provide funds for Longfor E-commerce.

After collecting the required funds, Liu Xiaoguang formally submitted an application to the Shanghai Stock Exchange to privatize Longfor E-commerce.

As soon as the news came out, the stock price of Longfor E-commerce rose sharply.

Regarding the privatization of Longfor e-commerce, the relevant departments of Huaxia Kingdom naturally support it.

The Blackwater Fund is notorious and has repeatedly attacked companies in Huaxia.Some of these companies have their own problems, and of course there are also companies that were mistakenly killed by the Blackwater Fund.

Longfor E-commerce is a well-known e-commerce company in Huaxia Kingdom, and the relevant departments of Huaxia Kingdom naturally don't want to see Longfor E-commerce defeated by the Blackwater Fund.Soon, the relevant departments of Huaxia Kingdom approved Longfor E-commerce's request for privatization.

Liu Xiaoguang successfully completed the privatization of Longfor E-commerce.

Those stockholders of Longfor E-commerce who bought the bottom made a small profit.

The reason why Liu Xiaoguang is determined to repurchase Longfor E-commerce is because, as the owner of the old Longfor Group, Liu Xiaoguang is very optimistic about the future of Longfor E-commerce.Huaxia Kingdom's e-commerce industry is in a stage of rapid development.The fundamentals of Longfor E-commerce have not changed, and are still on the rise.It's just that under the instigation of the Blackwater Fund, investors can't see this.

In addition to Liu Xiaoguang, Yang Leping also increased his stake in Longfor E-commerce.

Luo Qingquan, Jiang Zuo'an, Han Zhengguang and others all bought shares in Longfor E-commerce.

(End of this chapter)