Chapter 2136 2138 [The Zhongqing Society has collapsed]

   In addition, the media also reported that in order to prevent other associations from merging with the Zhongqing Society, the police began to send additional police forces to patrol the Zhongqing Society's site.

  This approach is basically a temporary solution, not a permanent cure.

  Because there is only a thousand days to be a thief, there is no reason for a thousand days to guard against a thief.

  The Zhongqing Society has been hurt and its power has been greatly reduced. All major associations are eyeing up, wanting to take the opportunity to carve up its territory.

   But Ding Lixie's ability is limited, Wen is not as good as Ding Wang Xieyin, martial arts is not as brave as Ding Xiaoxie, and it is not even as fierce as Ding Yixie.

  At least Ding Yixie has killed people, and Dingli crab has no life in his hands. From this point alone, he is not as good as Ding Yixie.

   After all, to be the boss, you must be ruthless, wise and brave.

  …

   Another day later, when Xiang Nan got up early and went downstairs to buy breakfast, he read a report in the newspaper that the territory under the Zhongqing Society was robbed by other gangs yesterday.

  Although the police are always on patrol, there will always be moments of negligence.

  Besides, more than 50 people were killed and injured in the Zhongqing Society, and its strength has been greatly reduced. Most of the remaining people are unwilling to work for Dingli Crab, after all, many of them have Ding Xiaocrab's blood on their hands.

  With the close relationship between the four brothers and sisters of the Ding family, they were all afraid that if Ding Lixie gained a firm foothold, he would come back to settle accounts with them and avenge his elder brother. So of course they fled when they could.

  The number of people who can use Dingli crab is less than 10% of the previous one. Not to mention defending the territories of Kowloon City and Jotun, even protecting Ding Xiaoxi, Ding Yi, and Ding Wang in the hospital is not enough.

  Ding Lixie originally wanted to keep some of the most important industries, such as bars, mahjong halls, and shiatsu centers, so as to leave a little foundation and make a comeback in the future.

   As a result, none of the family could keep it. After all, relying on a few people, it is too difficult to withstand the attack of hundreds of people. Was beaten away by a wave.

  So the territory of Zhongqingshe was easily snatched away, causing its power to plummet. Almost overnight, the big club with a bad reputation has become a street mouse that everyone shouts and beats.

  …

   After reading the report, Xiang Nan felt very happy.

  The territory of the Zhongqing Society has collapsed, and the younger brothers must have also dispersed.

  Bewitching youngsters to join gangs, one is for prestige, and the other is to make money.

   The Zhongqing Society’s territory is gone, and it is even more impossible to make money if you want to lose your prestige. That being the case, who else is willing to stay.

   Just like in real life, the Yiqun where the lame Wu Xihao belongs was one of the four major gangs in Xiangjiang. According to incomplete statistics, the number of helpers reached 20,000.

  But after laihao and other leaders were arrested, Yiqun's momentum immediately plummeted. By the 1990s, righteous groups had existed in name only, with no more than a few hundred members.

  The land is gone, the younger brother is gone, and the good days of Dingli Crab are over.

  In order to prevent him from making a comeback, those associations will definitely kill the grass and roots. At that time, Dingli Crab will be like Fang Zhanbo in the play, with nowhere to escape and terrified all day long.

  That is retribution!

  …

   After breakfast, Xiang Nan sent Fang Min to school first, then went to the hospital to deliver soup to the little Jew, and then went to the Chinese Bank to keep an eye on today's stock market.

  He has deposited three million Hong Kong dollars into his account, and also bought Litong Enterprise with five times leverage. As a result, his principal amounted to as much as 5.8 million Hong Kong dollars, and the funds he leveraged reached as much as 29 million Hong Kong dollars.

  In today's stock market, this can be regarded as a lot of money.

  At 9:30, the stock market officially opened.

  As soon as the market opened, Xiang Nan asked his stockbroker to buy a large amount of shares in Litong Enterprise.

  He is sure that the stock price of Litong Enterprises will soar today.

  On the one hand, the stock price of Litong Enterprises plummeted before because it was widely rumored that Chairman Lin Yingwen had cancer, which caused shareholders to avoid suspicion and sell.

   Now that Lin Yingwen has refuted the rumors, if this is the case, changing the bad news to good news will naturally lead to a rebound in Litong's stock price;

  On the one hand, Lin Yingwen had already purchased a large amount of Litong shares in the last trading day. If the share price of Litong Enterprises does not rebound, then he will also suffer heavy losses.

  So he will definitely speculate on the stock price of Gaolitong Enterprises. When the time comes, Xiang Nan will give him a ride and make a fortune with him.

  …

   Sure enough, as soon as the market opened at 9:30, the share price of Litong Enterprises soared.

   At the close of the previous trading day, the stock price was 8 yuan, and it rose several times when the market opened.

  When the stockholders saw it, they all chased the rise one after another, pushing up the stock price of Litong Enterprise. By the time the market closed at twelve o'clock, the stock price of Litong Enterprises had risen to twelve yuan.

  Xiang Nan's capital of 29 million has risen to more than 39 million, earning more than 10 million Hong Kong dollars.

  Became a multi-millionaire all of a sudden, Xiang Nan was inevitably excited.

   Fortunately, he was a billionaire before, so the multi-millionaire did not let him get carried away.

  He still eats in the nearby tea restaurant calmly, unlike those stockholders who get carried away after earning a little money, go to high-end restaurants to spend, eat shark fin for rice, and rinse mouth with bird's nest.

   "Litong Enterprise is going up very well today. I bought two hands and made a small profit."

   "Yeah, from 8 yuan to 12 yuan, an increase of 50%, those who bought this stock are really prosperous."

   "I'll tell you a secret. I heard that Meridian will pay dividends in two days, and the stock price will definitely rise."

   "Is it true?! Then I have to buy two hands."

   Shareholders talked about it.

  Xiang Nan's eyes lit up when he heard it.

   It seems that Chen Wanxian is ready to act.

  His usual routine is to release false news first, claiming that the company will pay high dividends and issue bonus shares.

  Distributing high dividends means distributing the company's profits to shareholders in the form of cash in proportion to the shares; issuing bonus shares means distributing the company's profits in the form of stocks to shareholders in proportion to the shares.

  Although these two forms are different, they both benefit shareholders, so they are very effective in raising stock prices.

  When the stockholders bought in one after another, he took the opportunity to sell at a high price, and then announced that the news of high dividends and bonus shares was false, and at the same time announced the rights issue. As a result, stock prices plummeted. He took the opportunity to go short and made another fortune.

  When the stock price fell to the bottom, he took advantage of the low price and bought back the previously sold stocks. Selling high and buying low, buying short and selling short, made him a lot of money.

   But the small and medium-sized shareholders were bankrupted by him and heavily in debt, so his trick is really very wicked.

   But he is not without risks.

  When he was short, he had no goods in hand. If the stock price can be raised higher than his short selling price, then Chen Wanxian will have to spend more money to cover his position.

  If there are not enough stocks to close the position, then he will be forced to liquidate the position, losing all his pants.

  Back then, Fang Jinxin and Chen Wanxian fought over Polaris stock. Chen Wanxian went short and Fang Jinxin went long, which pushed the stock price to a high level and forced Chen Wanxian to almost a dead end.

  If Ding Xie hadn't knocked Fang Jinxin out, Chen Wanxian would have gone bankrupt more than ten years ago.

  (end of this chapter)