Reborn, you call this an honest person?

Chapter 224 Counterpoint
Yanxuan b2b is a subsidiary of Yanxuan Group. Originally, Yanxuan Group accounted for 100% of the shares. Due to the listing,

So more than 20% of the shares were distributed to shareholders according to the proportion of Yanxuan Group's shareholders for cashing out, 20% was used for listing to increase funds for the group company, and a few percent was given to employees and management. ,
Due to Ma Yun's coquettish operation, Taishan Club, Yahoo, and Softbank no longer believe in Ma Yun, and all want to use Yanxuan b2b listing to cash out and leave.

And Wang Heng already knew that b2b was worthless, so the total 19.7 billion (13.5%) equity of the three companies was all replaced by Hengda.

At present, Hengda owns 14.5% of Class B shares and 13.5% of Class A shares of Yanxuan Group, plus 33.1% of Class A shares that were exchanged by Pinxixi.

Hengda Group indirectly and directly controls 61.1% of the shares of Yanxuan Group, and is the controlling shareholder of Yanxuan Group.
Currently Yanxuan Group is valued at 1200 billion, (50% Yanxuan b2b) + other subsidiaries of the group, while Yanxuan b2b of the subsidiary is as high as 1600 billion,
Because Taishan Club broke its face with Ma Yun, at the beginning of Yanxuan b2b's listing, it exchanged the shares of Yanxuan b3b with Yanxuan Group's 1:2.
The stock price of Yanxuan Group is more than 3 yuan, and the stock price of Yanxuan b2b is more than 10 yuan.

They were planning to cash out after the lifting of the ban. They did not expect Yanxuan b2b to assume that the stock price would rise again and again from the beginning of the IPO, and then it tripled after the listing.
换到手里的1.9亿股严选b2b股票按照最高42元计算是79.8亿，这一下子把当初花费的48亿赚回来不止，还赚了12亿，
In addition, since most of Yanxuan b2b's stocks are exchanged by Hengda Group, they are celebrating making money these days, and at the same time scolding Wang Heng for being a fool,
Unexpectedly, only a few days after the listing, Wang Heng came to smash the market,
After Ma Yun called, people from the Taishan Club also called,
Wang Heng didn't want to answer the call at first, but thinking that it's not easy to offend Liu (Liu) Lian (Lenovo) now, he answered the phone.

"Xiao Wang, is there something wrong with you? Strictly select b2b, what's the benefit of smashing you?"

"How can it be useless? Isn't it normal to buy the stock market down and buy up? If it falls by one yuan, I will earn one yuan. If it falls by more than ten yuan, I can earn billions. If it falls completely, I can earn at least 200 billion yuan." , do you think it is beneficial?"

"Are you fucking crazy about money? Yanxuan Group still has 50% of the b2b equity. If b2b is gone, Yanxuan Group will lose 800 billion yuan. Don't you know which one is big and which one is small?"

"Blindly talking about 800 billion and 1600 billion, you just lied to Xiao San, and you also lied to yourself?
Now in my eyes, the 320 billion floating shares in the stock market are real. "

"Did you feel uncomfortable when you saw that the stock rose sharply after the stock was exchanged to us, and deliberately retaliated against us?"

"Who are you? Why should I retaliate against you? Don't you know the situation? Don't call me in the future, I will block your call."

After Wang Heng finished speaking, he hung up the phone, and the people in the Taishan clubhouse were vomiting blood with anger.

Then there was a call from Yahoo. Since Yahoo was still the majority shareholder of Pinxixi, it hung up without saying a few words.

In the end, it was Sun Yilai from Softbank who asked Wang Heng to show him face, don't hype Yanxuan b2b,

Wang Heng naturally won't give face,

Generally, the only way for start-up companies to cash out when they go public is to put their own stocks in the 20% of the stocks they plan to go public.
However, if you put it here, no matter how much it rises after listing, it has nothing to do with you.
For example, Ma Yun took out 2% of b20b stocks to go public to raise 15 billion US dollars, and then the price of the new shares is whatever the price is. The three-fold increase after listing has nothing to do with Ma Yun.

Even if 20% of the listed shares rise to 100 billion US dollars, he can only get 15 billion US dollars. The increase is earned by participating in the lottery of new shares.
Of course, this 20% increase is valuable, and the overall market value of the company will definitely increase.
When b2b was listed, none of Taishan Club, Yahoo, and Softbank chose to cash out after listing, but gambled to cash out after the ban was lifted half a year later.
In general, major shareholders of listed companies want to cash out at a high level when they go public.
So now the three companies hold nearly 300 billion worth of b2b stocks in their hands and cannot operate. They can only watch Wang Heng do things.
Now it's only going down to 2 yuan. After two months, when it falls below the issue price and falls to a few yuan, they are afraid that they will cut Wang Heng's heart.
That was a 4-5 times drop, 300 billion, and it became a passing cloud in a blink of an eye. It was only a few hundred million, and the three companies got one point, and each of them was only 60 billion.

Of course, Yahoo and Softbank invested earlier, and they can still make a little money not to mention losses, but the Taishan Club was miserable. It was too late when they entered, and the investment of 48 billion turned out to be more than half of the loss. This does not make people vomit blood ,
In addition to these three companies wanting to kill Wang Heng, there is also a securities company that wants to get Wang Heng, but what they want is Wang Heng's 30 billion guarantee deposit.

The stocks that Wang Heng borrowed from the securities company were all bought by the securities company at a high level. The stock price was smashed down by Wang Heng, and they also lost money.
However, securities companies want to do margin financing and securities lending business, so they must attract money and have chips.

They generally don't care about the temporary rise and fall of stock prices. They build positions for performance.

In the eyes of retail investors, the stock price is the benefit. In the eyes of securities companies, stocks are just financial instruments. Whether it is 20 yuan a share or 12 yuan a share has little impact on them. As long as they do not fall to delisting, they are not afraid.
Besides, the money that securities companies buy stocks belongs to fund users anyway, unless the self-operated business will be affected,
What they mainly earn is the high interest of securities lending users, and the commission for buying foundation accounts.

When b2b was hit by Hengda to 39.06 yuan, a super large order of 39.00 lots suddenly appeared at the second level of buying at 555555.

Manager Li saw that this set of numbers was large and strange, so he quickly asked his staff to check the source.
The trader quickly found out the source, the securities company made the move, and it was the self-operated business of the securities company of Hengda Investment and securities lending.
Well, the business of a securities company is separate from its self-operated business, so what they do is not considered a violation of regulations, it is not considered a doll,

They used to be retail investors, but now that the securities company has entered the market, Manager Li dared not make a decision, so he had to report to Wang Heng.

"Merrill Lynch? There seems to be a Merrill Lynch Bank?"

"Yes, boss. Merrill Lynch is the third largest investment bank in the beautiful country, with a market capitalization of 1700 billion U.S. dollars."

"It would cost more than 13000 trillion in RMB, which is ten times that of Hengda Group! Eat it first."

Wang Heng praised casually, but he didn't care that much in his heart.
In his memory, he has seen many novels mentioning that Bank of Merrill Lynch lost money during the financial crisis and was acquired by others.

Of course, the novels were all bought by the protagonist, but the fact is that the National Bank of the Beautiful Country spent nearly 500 billion US dollars to buy them.

And at that time, Merrill Lynch's share price was $17.05, and the purchase price was $29 per share, a 70% premium.

按照17.05美元，当时美林公司市值跌到只有290亿美元了，从1700亿美元跌到290亿美元跌了6倍。

When Merrill Lynch's 555555 buy orders were taken by Hengda Investment,
Immediately, 38.88 buy orders appeared at the position of 888888, and the source was found to be Merrill Lynch Securities

At this time, the traders of Hengda Investment immediately understood that this was Merrill Lynch officially fighting Hengda, and against Merrill Lynch Securities with a market value of 1700 billion US dollars, the entire company's employees lacked confidence.

Especially now that we are at the peak of Internet technology.

(End of this chapter)