In the money borrowing program, my identity as the richest man was exposed
Chapter 1319: At their instigation
And this money comes from major companies.
Chen's huge losses caused Chen's stock to fall by 68%, shocking everyone.
You know, in China, such a low price is very rare.
As a general rule, it is very common for a stock price like this to drop by more than ten yuan.
But now, the Chen Group is in such big trouble.
The huge losses of Chen Group made investors panic.
If Chen's stock price continues to develop like this, it will be disastrous.
Therefore, they could only watch Chen’s stock price continue to fall, and those investors were all in a state of panic.
At this time, Chen Feng and others were eager to sell their shares.
They are also afraid that they will not be able to sell their shares as soon as possible.
By then, the Chen Group will fall into a state of complete bankruptcy, and Chen’s property will collapse as well.
By then, everything Chen owned would be taken away by these companies.
However, Chen Feng was not panicked by this.
It seemed that these problems were irrelevant to him. Chen Feng and others were also among the largest shareholders in Chen's board of directors.
However, the shareholders of these large companies only hold a small amount of equity.
And those major shareholders have to rely on their own efforts to obtain more shares.
How could they just sell the money they had worked so hard to get? They were naturally unwilling to do so.
At this time, Chen's shareholders all reacted.
The only thing they can do now is to sell all their shares so that their stock price can be saved.
If you don't sell all the shares you have, you will just be able to sit back and reap the benefits.
So, other shareholders, without any hesitation, started selling their shares at their instigation.
Moreover, once they sell their shares, they cannot get them back.
Therefore, Chen’s stock price has fallen by 25%.
Then, these retail investors can only watch the price of their shares fall.
They could only watch helplessly as the wealth they had worked so hard to accumulate vanished in an instant.
Chen's stock price finally fell, but ordinary investors did not hold many shares.
In the short term, they were helpless against the Chen Group.
This will cause headaches for ordinary investors.
And these big companies are no longer surprised.
As for those scattered ones, they don’t care at all. After all, their stock prices have been falling.
However, in their view, unless the stock price falls below 68%, they will basically not lose money.
At this time, Chen's stock price had fallen to 35%.
The stock prices of Chen's other companies have also been declining, and their shares have been decreasing.
But at this time, their stock price no longer fell.
Their stock prices are all stable.
Chen's shares fell by thirty-six, which was simply shocking.
Chen's stocks plummeted, and the shares he held plummeted even more.
For a moment, all the directors of major companies were smiling happily.
And those shareholders of Chen Group were cursing and blaming Chen Feng and others.
However, Chen Feng had nothing to say, and the directors of other large companies were also very happy.
Because the more this happens, the more their shares will fall in value.
And under the curses of these people, their stock prices were also falling wildly.
At this moment, a trace of despair appeared on the faces of Chen Feng and others.
They cannot control the shares of those retail investors, so they have no ability to control those stocks.
In the president's office of Chen Group, Chen's stock market has plummeted. Chen Feng and others were furious and never thought...
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