He won’t sell it, he just holds the shares just to join the Penguin Group and get the dividends from the Penguin Group.

Earn dividends and gain shareholder rights

This is his purpose!

In the past few days, Penguin stocks have fallen, and he has made a lot of money, while many people have suffered serious losses.

Especially those at the price of 235 yuan, still continuing to short, buying Penguin stocks at the bottom

Who would have known that Penguin stock rebounded directly, causing many institutions to lose a lot of money!

In particular, the major banks in Hong Kong suffered heavy losses.

Lin Fan received the incense***The fund manager called and the other party told him something

“Mr. Lin, do you know about Penguin Group’s stock price plummeting this time?”

Lin Fan didn’t tell him that this had a lot to do with him, he just asked out of curiosity.

“Well, what’s wrong?”

The other party then hurriedly said:”This time Penguin Group plummeted, causing several foundations to suffer heavy losses. They sold Penguin stocks when they fell!”

“Then I planned to continue shorting and get back the profits, but who knew that Penguin stock rebounded again the next day, and even rose a lot!”

Lin Fan took a look at the current price of Penguin stock. After buying a lot at the bottom of 230 yuan, it had already risen to 240 yuan!

It immediately exceeded 245 yuan. It seems that 250 yuan is the closing price!

The increase of 20 yuan is indeed very impressive for today.

Those who are short-selling and short-term operations may suffer serious losses.

The other party sighed with a look on his face. When he mentioned this matter, it was clear that he knew a lot of inside information.

These inside stories have not yet appeared in the news, but they have already spread in the financial circle.

“The one with the worst losses is Standard Chartered Bank. Standard Chartered Bank has an estimated loss of HK$10 billion!”

“In short, not to mention the loss of tens of billions of Hong Kong dollars, this amount of money was still used privately to use customer funds!”

These banks also dare to mess around and use funds privately like this

I’m afraid there will be a lot of trouble!

At the very least, someone will definitely come out to take the blame.

Lin Fan snorted and said calmly:”Did the losses of the three major banks this time exceed HK$50 billion?”

The other party gave a reply:”Absolutely, according to the current loss estimate, 30 billion Hong Kong dollars is definitely there!”

Between HK$30 billion and HK$50 billion, this will definitely be big news

…………

Day 2, early in the morning

Lin Fan contacted the person in charge of Penguin Group and took out his share certificate, planning to go there then.

No, he saw a message appeared

Xiangjiang Financial suffered heavy losses. The three major banks lost customer funds, reaching 35 billion Hong Kong dollars!

Of course, these are only the figures reported on the public, and the specific amount is probably even more powerful and terrifying than these.

A loss of HK$35 billion was reported, and Hong Kong’s financial sector continued to be in turmoil.

Many people were surprised by this news. They did not expect that the stock price of a large group would fluctuate.

It would lead to such a huge loss of money!

“Standard Chartered Bank General Manager Li, who lost HK$10 billion and used private client funds, has been arrested”

“Mr. Li, a mansion worth hundreds of millions has been seized and may be sentenced to 20 years in prison!”

“Xiangjiang TV analyzed the changes in Penguin Group’s stock price this time!”

There are TV stations that are specifically commenting on the changes in Penguin Group’s stock price.

Lin Fan took a look and found that the TV station had invited experts to analyze the fluctuations of the Penguin Group.

The other party attributed this stock price fluctuation to t

(Read more novels by visiting our website: Knights Novel) he internal struggle of the Xiangjiang Financial Foundation.

“Penguin changes, from the very beginning, were still man-made. I am afraid that someone deliberately changed the stock price and made many people fall into the trap.”

“The purpose at the beginning must be to let ordinary investors come to buy the bottom and the price is trapped. Next, the development of things will no longer be controlled by others!”

During the initial decline, many ordinary investors wanted to buy the bottom because they could rise.

Who would have known that the decline for several days in a row has caused heavy losses to ordinary investors?

And this money was indeed transferred by several financial foundations, among which Lin Fan also made a lot of profits!

To be precise, he is the one with the biggest profit, earning almost 7 billion Hong Kong dollars!

These 7 billion Hong Kong dollars were earned from some people who lost money.

“Penguin stock continued to fall, and when it reached its lowest point, those financial institutions in Hong Kong failed to predict”

“Those people mistakenly lowered the strength of Penguin Group. When Penguin Group released the news, the stock price increased, and they suffered serious losses!”

After hearing the expert analysis, the host asked curiously

“Professor, who do you think will benefit the most this time?”

The expert said with a serious look:”In the end, it is the Penguin Group that makes the profit. If someone buys the bottom, the insiders will buy the shares at a low price.””

“This can definitely make a lot of money. The current share price is at its lowest point. If you acquire it now, you can increase your shareholding, which will be of great help to shareholders!”

If the shares of a listed group are equally distributed among ordinary people,

This does not threaten the internal structure of this listed group!

But if all these shares are gathered, purchased, and concentrated in the hands of one person, many problems will arise.

For example, Lin Fan used nearly 10 billion Hong Kong dollars to acquire shares of Penguin Group

The original total value of these shares was tens of billions of Hong Kong dollars!

Therefore, in the market, Penguin stocks lost tens of billions of Hong Kong dollars, but the biggest gain was of course him.

Lin Fan smiled and closed the financial explanation. It was obvious that these experts still did not know the inside story.

I just thought that the Penguin Group was doing things on its own, but I didn’t know that everything had something to do with him.

Become a major shareholder of Penguin now

He found Reba and told her that he had acquired shares of Penguin Group and planned to go to Penguin Group.

Reba’s eyes lit up and she decided to follow him there without thinking.

She came over with a happy face and said with a smile:”Wow, did you really get the shares of Penguin Group?”

“How much did you spend on 13% of the shares?”

Lin Fan said calmly:”It’s less than 10 billion Hong Kong dollars!”

Reba couldn’t believe it. She really didn’t expect that Lin Fan spent so little money and got 13%!

After all, it is a group company worth hundreds of billions, and its annual profit is tens of billions of RMB.

This is simply amazing!

Reba, who was excited and wanted to visit, accompanied him, and the two of them drove to Penguin Group

By the way, he took a day off and went over to acquire part of the rights of Penguin Group, which was also his 13% stake.

Something that should be enjoyed!

When driving over, he reported this incident to Yang Mi

When Yang Mi heard his words, she was stunned for a few seconds and did not react.

“How many shares of Penguin Group have you acquired? 13%?”

“Wait, I read Xiangjiang news reports. The three major banks have suffered a lot. The share price of Penguin Group has fluctuated. Someone has acquired a large number of shares. Is that you?”


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