Who doesn’t want to make money after being reborn?
Chapter 360: Possibly $5 million
"Excuse me, Mr. Zhang, has President Jin not shown up yet?"
"Can you announce the final whereabouts of President Kim?"
"Is President Kim still alive?"
"SM Entertainment's stock price plummeted after the Nasdaq opened. Is this related to the disappearance of President Kim?"
"..."
Monday.
A large group of reporters gathered at the entrance of SM Entertainment Group and caught CEO Jang Cheol-hyuk eager to ask questions.
"Quiet, quiet!"
Zhang Zhehe slowly lowered his hands to stop the noisy questions and responded with a sinister expression: "First of all, President Kim is only temporarily out of contact, not missing."
"Friends from the media, please be gentle with your words and refrain from spreading harmful information at will."
"I believe."
"We, all shareholders and employees of SM Entertainment Group, believe that President Kim just felt tired and was looking for a place to rest where no one could find him."
"It's not missing!"
"It's not missing!"
"You idiots, stop reporting on President Kim as a missing person!"
"Otherwise, the legal department of our group will inevitably pursue liability."
"Secondly, Nasdaq is a free stock market. The rise and fall of stock prices are purely market behavior and have nothing to do with President Jin."
"..."
Well done!
Kim Min Young, who was watching the live broadcast on her mobile phone, watched her right-hand man perform so well that he couldn't help but pat his thigh and cheer.
This is called hype!
First, take the initiative to release the news through the media, and then scold the reporters who came to interview, deliberately arousing the reporters' disgust and curiosity, and triggering a new round of concentrated reporting.
Very consistent with the rules of human nature.
——Reporters reported more and more vigorously on any content that was not allowed to be reported despite repeated orders.
Snapped!
After watching the wonderful performance of his capable men, Jin Minying turned to look at the laptop screen next to her.
On the screen, it was the Nasdaq stock index data that had just closed. The greenest line represented the stock price of SM Entertainment, which had plummeted from thirty-five US dollars per share to about twenty-seven US dollars.
The stock price fell by more than 30%.
The market value of SM Entertainment Group has shrunk by more than 30%, from US$108 billion to US$70 billion.
This also means that short-selling funds achieved a profit of US$3 billion.
Only three billion.
This is just the beginning!
Due to the time difference, there was a twelve-hour time difference between Jin Minying, who was forced to stay in Yongxin Village by Luo Hui, and Nasdaq.
at this time.
Although Yongxin Village has not yet seen the morning sun, the Nasdaq on the other side of Blue Star has already closed.
In other words, the wonderful performance of Kim Min Young's right-hand man at this time will be reflected in tomorrow's Nasdaq stock index.
SM Entertainment’s stock price will continue to fall!
The harder the fall, the better!
At the same time, in order to prevent herself from being deceived by Luo Hui and the stock price falling and failing to rise again, Jin Minying mobilized her assistants and the quintuplets to open TT to search for relevant information.
"President, there is a lot of information that our stock price continues to plummet, and there are many stock market analysts who stopped to analyze the reasons behind it."
"Some people say that the collapse of SM's stock price is a black swan phenomenon."
"Many people say that our group's share price will fall into junk stocks and our company will fall apart."
"Some people say that the president has been kidnapped."
"It's all bad news."
"President, we are just here to discuss cooperation, why don't you stand up and clarify? If the stock price drops like this, the company will be really in danger."
"..."
The employees who didn't know the whole story reported the relevant information they had found and looked at their president with panic.
"Okay, hand over your mobile phones, ban external communications for the time being, and follow me back to China tomorrow afternoon. When we go back and hold a press conference to clarify the facts, and then announce the good news of strategic cooperation with Bytedance Group, the stock price will rise. Up."
Of course Jin Minying didn't dare to tell the truth.
Deliberately spreading negative news and maliciously manipulating one's own stock price to plummet is the rhythm of sitting on the bottom.
Of course, no one can know such confidential information.
Only the beneficiaries of this operation deserve to know the information.
I just don’t know how much money ByteDance Group invested in shorting its own stock this time.
How much money will you invest in buying your own stocks to drive up the stock price?
Employee cellphones were confiscated.
Jin Minying became melancholy again, and had no intention of thinking about anything else. She could only waste her energy by walking around the village foolishly, so as not to miss the latest news by catching up on sleep.
The boring day gradually passed in his restlessness and anxiety.
at dusk.
He logged into the Nasdaq stock market trading system again.
It was just morning on the Nasdaq side, and it was the opening time on Tuesday.
really.
After the market opened, under the influence of intensive negative information, SM Entertainment Group's stock price plummeted, falling from $27 to $19 in the blink of an eye, triggering the circuit breaker mechanism.
"it is good!"
Seeing the stock price falling as expected, Jin Minying patted her thigh and laughed out loud.
pretty good.
Judging from the available information, Luo Hui's cooperation was very tacit and the stock price fell very smoothly.
Next, it’s up to you to watch your own performance.
My heart dropped to my stomach.
Jin Minying felt that her upper and lower eyelids were fighting, and she couldn't stand it any longer.
He hurriedly got into the bedroom and fell asleep.
He must seize the time to recuperate, try to regain his mental state before tomorrow afternoon, and appear at the SM Entertainment Group headquarters to hold a press conference with high spirits.
the other side.
Ruan Feng, who commanded the trader to short SM Entertainment's stock price remotely, also showed a pleasant smile and greeted the camera of the video conference: "Brothers, stop when you are good. We have been shorting for two consecutive days and have achieved a profit of 6 billion US dollars." It’s time to be content with profits.”
A total of US$20 billion was invested, and the gross income was US$6 billion in two days.
Excluding taxes and the laundering process, the net profit is almost $5 billion.
This speed of making money is no different from robbing money.
No wonder everyone loves finance.
Especially a guy like Jin Minying who wants money rather than his life actually dares to take the lead in shorting the stock price of his own company.
Aren't you afraid that you won't be able to rise?
"BOSS is awesome. If you have such a big job in the future, remember to come back to us."
"Yes, yes, we are professionals."
"BOSS I love you."
"I have enough money to go on vacation again. Thank you BOSS for your generous dividends."
"..."
In the video footage, traders wearing masks attending the video conference all made flattering sounds.
Ran and egg.
Ruan Feng didn't want such a handy trader to take the money to go on vacation. He hurriedly raised his hand to stop him: "Brothers, where are we? Now the stock price of SM Entertainment has almost hit the floor. We should make good use of what we have. The funds will be taken in quickly and the stock price will be raised tomorrow."
Ok?
BOSS, are you serious?
The traders in the video were shocked:
"BOSS, the information about SM Group in the market now is all negative. Without positive information, there is no way to pull it off."
"Are you crazy?"
"I've never seen anything played like this!"
"Don't question our professionalism. Such dramatic fluctuations must be maliciously manipulated by someone. Without the cooperation of SM Entertainment Group insiders, it would be sheer suicide for us to buy their stocks now."
"BOSS, don't be blinded by money."
"..."
Faced with questions that filled the screen, Ruan Feng used his trump card: "Brothers, first of all, your hard work fees will remain unchanged."
"Whether the operation to increase the stock price succeeds or fails, it has nothing to do with you."
"You will still get your hard-earned money."
"If by some miracle the stock price rebounds, I will still pay you dividends."
"By then, the money we have earned will not only be as simple as 6 billion US dollars, but probably 50 billion US dollars!"
"We have ample funds now, and there is no reason to waste the opportunity to buy SM Entertainment stocks on a large scale!"
You are the boss.
It's whatever you say.
Now that BOSS said it so directly, the traders expressed their willingness to continue to work with the boss.
As for vacation... With more money, you can find more girls to go on vacation with, wouldn't it be nice?
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