191: Chapter 192: A Short Squeeze to Lure the Enemy Deeper! The Red Alert on That Dedicated Cellphone

Thirty-one Hong Kong dollars.

This number was like a deep scar, stretching across the trading screens of every short-selling institution.

Inside the trading floor on Wall Street, the originally frenzied atmosphere had now fallen into an eerie, deathly silence.

On the big screen.

The waterfall of green representing Jiyuan Entertainment's stock price, after bottoming out at thirty-one Hong Kong dollars, seemed to have been forcibly cut off by an invisible, terrifying force.

No matter how much they poured in their short orders, that line remained firmly pinned there, unmoving.

"Have you found out? Where exactly is the capital supporting the stock?"

The Wall Street tycoon smashed his coffee cup onto the floor, brown liquid splashing everywhere: "Hundreds of billions of dollars in selling pressure poured in, and not even a splash was made. This is definitely not something retail investors could hold up!"

"Boss... data monitoring shows that these buy orders are all being accessed dispersedly through hundreds of hidden offshore accounts. We can't trace the final source of the funds at all!"

The chief trader was covered in cold sweat, his voice trembling: "But this cost-blind method of supporting the bottom..."

He swallowed hard and voiced the speculation that all the short sellers were using to hypnotize themselves:

"Our analysis team unanimously believes that this is definitely the last 'death throes' support fund cobbled together by The Eight Giants of Shanghai after liquidating all their assets and draining every bit of cash flow from all their backup channels!"

This speculation, like a plague, spread rapidly through the circles of overseas short-selling tycoons and domestic hostile families.

In the eyes of these greedy capital wolves, "death throes" meant the prey had exhausted its last drop of blood.

The current resistance was nothing more than meaningless spasms before death.

"While he's sick, take his life! Do not give them any chance to catch their breath!"

In the secret room of a domestic short-selling family, several principals had bloodshot eyes, roaring hysterically like gamblers who had lost their minds.

Soon, an unprecedented, crazy counter-attack began.

Holding the consensus that "just one more wave of smashing will completely break them," foreign capital and domestic hot money completely lost their sanity.

Not only did they not stop, but they began to use the highest leverage multipliers.

They poured all the remaining backup capital pools, and even the overnight risk-prevention funds they had reserved, into the short-selling pot without reservation!

Billions of sky-high short orders poured down like a torrential rain!

However, a scene that made everyone's scalp tingle and their souls tremble occurred.

Facing this destructive final selling pressure, the supporting bid hidden at the bottom of thirty-one Hong Kong dollars was not only not broken.

Instead, like a bottomless black hole, it greedily swallowed all the short orders.

Immediately after, in the eyes of everyone filled with horror and disbelief.

Jiyuan Entertainment's stock price stepped on this mountain of short orders and began to rise against the trend in a steady, unstoppable posture!

Thirty-five... forty... forty-five!

Every jump was like a heavy hammer, smashing fiercely into the hearts of all the short sellers!

Four o'clock in the afternoon, only one hour remained until the closing bell of the Hong Kong Stock Exchange.

The air in the trading room had become so thick that it was hard to breathe.

The Wall Street tycoon stared fixedly at the screen, his heavy breathing sounding like a broken bellows.

"Eighty Hong Kong dollars..."

He watched helplessly as Jiyuan Entertainment's stock price, like a crazed bull, unreasonably crushed the layers of resistance they had set up, breaking through the eighty Hong Kong dollar mark with unstoppable force!

This had completely exceeded the logic of normal financial games!

What they had thrown in were short-selling orders with the highest leverage.

If the stock price could not be suppressed before the close, once it closed at this high level today, what they would face tomorrow at the opening would be unimaginable sky-high covering costs, or even direct liquidation!

"It's crazy! Everyone is fucking crazy! Whose money is this?!"

Panic, like a haze, instantly enveloped the entire short-selling alliance.

Representatives of major hostile families and agents of overseas capital urgently held a cross-border encrypted conference call.

There was no more arrogance from the morning on the phone, only the anxiety and roars of those on the verge of desperation.

"It must be smashed down! It absolutely cannot close at this price today!"

A domestic hot money boss roared hysterically on the phone: "Everyone, don't hold anything back, immediately scrape together another sum of money! Pull all available short-term bridge funds to cover the position!"

Under the death threat of liquidation, this group of daredevils gritted their teeth and forcibly squeezed out another five billion US dollars of extreme emergency funds.

Four-twenty in the afternoon.

This five billion US dollars was like an adrenaline shot, brutally injected into the market.

The stock price of Jiyuan Entertainment, which had been soaring, finally showed a trace of sluggishness under this suicidal interception, falling into a fierce tug-of-war at the eighty-five Hong Kong dollar position.

However, this force only kept the market at a stalemate for less than half an hour.

Four-fifty in the afternoon.

Only the last ten minutes left until the close!

Far away overseas, Hong Yun looked at the last desperate struggle of the short sellers on the screen, a flash of cruel coldness crossing her eyes.

"Death throes." She sneered and decisively pressed the command key for the final assault: "Use the last ten-billion cash pool to directly smash them!"

"Boom!"

This sky-high buy order, hidden until the very end, was like a heavy hammer falling from the sky, undoubtedly smashing the short sellers' final resistance of five billion US dollars!

Accompanied by the resounding closing bell of the Hong Kong Stock Exchange at five o'clock in the afternoon.

In a silence filled with horror and disbelief, Jiyuan Entertainment's stock price was violently pushed up by Hong Yun.

Finally, it was firmly fixed at a number that made the souls of all short sellers leave their bodies: Ninety Hong Kong dollars!

In these last ten minutes, the five billion US dollars thrown in by the short sellers was like a pebble thrown into the vast ocean. It didn't even make a ripple before being instantly devoured by this terrifying flood of capital.

Six o'clock in the evening, the war in the Hong Kong Stock Market completely ceased with the closing bell.

In the trading room, Hong Yun leaned heavily back in her boss chair.

She rubbed her eyes, which were bloodshot from staring at the screen for a long time, picked up the phone on the table, and dialed the number directly to Shen Du.

The phone was answered after just one ring.

"Closing at ninety Hong Kong dollars."

Hong Yun's voice was completely hoarse from a whole day of high-intensity shouting, but her tone revealed an irrepressible excitement and trembling: "The five billion US dollars that the short sellers threw in at the end didn't even make a splash; we swallowed it all. The first phase is a complete victory."

"Good work." On the other end of the phone, Shen Du's voice remained calm, without a ripple, as if this earth-shattering slaughter of hundreds of billions was just a leftover chess game at his side.

After reporting the results, Hong Yun gripped the phone tightly, her breathing slightly rapid. She didn't hang up, but instead asked the question that had been stuck in her heart all day, and which even the entire overseas trading team couldn't understand.

"Shen Du, there is one thing I don't understand." Hong Yun took a deep breath and cut to the core with rapid speed: "Since we held a trump card of forty billion US dollars in our hands all along, we could have completely entered the market and crushed them with a destructive posture when the stock price fell below sixty, or even seventy Hong Kong dollars."

She paused, recalling the suffocating oppression when the market fell toward the abyss in the afternoon, and her brows furrowed tightly. "Why did you have to wait? Why did you have to force Uncle Zhou and The Eight Giants to the point of running out of ammunition and food, and even watch the stock price collapse all the way to the life-and-death line of thirty-one Hong Kong dollars... before you were willing to let me enter the market to take over?"

"Intervene at sixty Hong Kong dollars? That would be too cheap for them."

The night view of Shanghai passed through the floor-to-ceiling windows, cutting light and shadow across Shen Du's expressionless face.

He leaned back in his leather chair, gently swirling the whiskey in his hand. The ice cubes clinked, sounding cold and eerie in the empty office.

"Hong Yun, if we had intercepted at a high level, we would have at most eaten up those hundreds of billions of floating chips they threw into the market."

Shen Du narrowed his eyes slightly, his tone calm, but revealing a kind of bone-chilling extreme greed: "The Eight Giants took the risk of bankruptcy with me at any time; do they think a mere few hundred billion in profit is enough to dismiss me? These chips are not enough to split."

Hong Yun on the other end of the phone was stunned. Hundreds of billions in profit, in this man's eyes, was actually just 'not enough to split' petty profit?

"What I want is for them to experience the extreme contrast from 'about to win a complete victory' to 'instantly reversed liquidation'."

Shen Du took a sip of wine, like the coldest surgeon, precisely dissecting the greed and fear of human nature.

"A dog will jump over a wall when it's desperate. Let alone these capitalists who have lost their minds?"

Shen Du's fingertips tapped lightly on the desktop: "Now, the hundreds of billions of principal they smashed at the bottom of thirty Hong Kong dollars have been forcibly pulled up to ninety Hong Kong dollars by us and are completely trapped. Tomorrow at the opening, as long as the stock price continues to remain at this high level, their accounts will instantly be liquidated to zero."

"Guess, in order to keep these hundreds of billions, what will these short sellers do next?"

Hong Yun's breathing stalled abruptly. A terrifying, yet perfectly logical thought flashed into her mind.

"Liquidate assets... add to positions to save the market." Hong Yun's voice was trembling.

"Exactly." Shen Du sneered, his eyes flashing with a cold madness capable of destroying everything: "They will absolutely not watch hundreds of billions go down the drain! At the moment of death, these overseas institutions and domestic families will definitely mortgage their core industries and drain all the foundation funds they can use to save the fire!"

"What I want has never been just the cash they threw in."

Shen Du put down his glass, stood up and looked down at the brightly lit Shanghai beneath his feet, looking down at his own slaughterhouse: "I want to use this short squeeze to uproot their basic foundations at home and abroad, their core industries, the foundations they rely on for survival... and swallow them whole!"

"Clack." Shen Du casually threw the phone onto the desktop, having just cut the connection with Hong Yun.

In the drawer at the very bottom of the desk, which had an independent combination lock, a harsh vibration suddenly erupted.

"Buzz—buzz—buzz—"

The dull vibration carried a certain irresistible pressure, shaking the heavy solid wood desk slightly.

Shen Du's line of sight dropped to freezing point instantly. He didn't pull open the drawer immediately, but stood there like a statue, staring deeply in that direction.

That was a private phone that Secretary Shen Hai had personally handed to him, representing the will of the highest official level.

He didn't need to answer; Shen Du could guess why Secretary Shen Hai was calling at this critical juncture even with his eyes closed.

The slaughter of the Hong Kong Stock Market today, involving a capital pool of hundreds of billions, and that kind of unprincipled short selling and counter-attack, must have completely ignited the highest red alert at the national financial regulatory level.

Official patience had run out; this was an order for him to stop immediately!

Shen Du stared fixedly at the vibrating drawer, his eyes churning with weighing and determination.

If he obeyed obediently now and forcibly stepped on the brakes, the trump card he had endured overseas for more than a year, the one prepared to uproot all hostile forces, would completely miscarry at the most critical moment of closing the net.

And it would be exposed to everyone's sight without reservation.

Hundreds of billions in profit could not satisfy his appetite at all. What he wanted was to completely skin and pull the tendons of those high-and-mighty capital tycoons!

"Buzz..."

The vibration in the drawer became more and more rapid, revealing a stern warning. It seemed that the automatic hang-up time limit was about to be reached.

Just at the last second before the vibration completely subsided, Shen Du took a deep breath, and the madness in his eyes that could swallow everything was forcibly suppressed by cold reason.

He pulled open the drawer abruptly, grabbed the private phone with the flashing red light, and without any hesitation, pressed the answer button heavily.