193: Chapter 194: A staggering 160 Hong Kong dollars! Forcing all the major short sellers on the internet to kneel and liquidate their positions.
The time came to January 15th.
On this day, upon receiving instructions from Shen Du, Hong Yun completely unleashed the forty-billion-dollar reins.
As soon as the Hong Kong Stock Exchange opened.
On the board of Jiyuan Entertainment (Ticker: 09999), the most insane unilateral surge in the entire history of the Hong Kong Stock Market erupted!
There was no probing, no retracement.
Massive buy orders shot into the sky like the mushroom cloud of a nuclear explosion.
They directly drove Jiyuan Entertainment's stock price up, with a violent and arrogant posture that completely disregarded any financial logic.
Forcibly elevating it to a terrifying sky-high price that left global capital speechless: 160 HKD per share!
At this moment, the immense speed of the surge did not give the short-sellers even a single second to react.
In the trading halls of Wall Street and the risk control centers of various domestic families, the highest-level warning lights flashed wildly across all screens.
The piercing alarm sounds were almost enough to puncture everyone's eardrums!
"We're liquidated! The margin call line has been breached!"
"Insufficient margin! The brokerage system is forcing liquidation!"
Desperate screams rose and fell in short-selling institutions all over the world.
Those domestic families and overseas funds.
They had originally been trying to sell off assets everywhere and take out usurious loans to pump money in for a rescue, attempting to hold the line at all costs.
But Jiyuan Entertainment's stock price soared far too fast, so fast that it exceeded the limits of human trading!
The additional margin they had just deposited into their accounts.
Under the terrifying high pressure of 160 HKD, it couldn't even last a second before instantly evaporating into thin air.
The defensive line had completely collapsed!
All short positions faced an unprecedented, massive, chain-reaction explosion on this day!
Those short-selling tycoons were finally pushed by Shen Du himself into a bottomless abyss from which there was no return!
One o'clock in the afternoon.
The chain-reaction explosion of short positions had already pushed those once high-and-mighty capital giants to the brink of jumping off buildings.
In the financial market, the most terrifying aspect of the short-selling mechanism is this: theoretically, its losses are infinite.
As long as Jiyuan Entertainment's stock price continued to rise.
They would be saddled with bottomless, astronomical debts that would be enough to doom their entire families forever.
Just as all domestic families and overseas institutions were falling into despair, and even preparing to mortgage their last core industries to fill this bottomless black hole.
Shen Du high-profile released an open "Letter of Surrender" to the public.
This statement, distributed simultaneously through top financial media and core industry channels.
Had no long-winded arguments, only a few short sentences.
Yet it was like a bloody slap, struck hard across the faces of all the short-sellers.
"I have no intention of making an enemy of anyone,"
Shen Du's wording was extremely overbearing, with a disdainful air of life-and-death authority permeating between the lines:
"But since you wanted to short me, you must be prepared to be thoroughly crushed by me!"
In this statement, where every word was meant to strike at the heart.
Shen Du delineated a "path to survival" for these dying capital tycoons—one that was full of humiliation, yet one they could not refuse.
"This afternoon, I will let Jiyuan Entertainment's stock price fall back to a normal range.
I can only guarantee to let you stop your losses here, so you don't have to keep pouring money in to fill the hole.
But I absolutely do not guarantee that the huge sums of capital you have already thrown in will be able to get out."
This was a textbook example of psychological strangulation!
Shen Du's meaning could not be clearer: The 800 billion in principal you threw in earlier has already been completely confiscated by me; don't even think about taking back a single penny!
But I am showing mercy now by lowering the stock price slightly, allowing you to exchange the loss of all your principal for the opportunity to close your positions.
This way, you won't have to bear infinite debt, thereby preserving the last core foundations of your respective families and consortiums.
While perfectly executing Secretary Shen Hai's red line of "not destroying the family foundations," he still squeezed the profits down to the marrow!
At the end of the statement, Shen Du applied extreme pressure, leaving no room for any illusions for the other side:
"This is your last chance to close your positions and cut off your own limbs to survive. If you cannot grasp it, then both your people and your lives will become nourishment for Jiyuan Entertainment together."
Facing this ultimatum from Shen Du that was meant to crush their spirits, along with the terrifying high pressure of 160 HKD looming over the market.
The short-selling alliance, which had originally been running around like headless flies trying to borrow money and continue the death struggle, finally fell into complete silence.
The four words "infinite losses" were like a great mountain, forcibly breaking their final backbone.
Everyone knew that in the face of the massive offshore capital that Shen Du had hidden for over a year, any counterattack was merely a mantis trying to stop a chariot.
The faint hope of turning defeat into victory had already completely vanished the moment the stock price broke through 100 HKD.
If they did not accept this humiliating "path to survival" delineated by Shen Du.
What awaited them tomorrow would be the abyss of family bankruptcy and jumping off buildings to commit suicide.
At 1:30 PM, the Hong Kong Stock Market resumed afternoon trading.
Under Shen Du's precise instructions, Hong Yun, far away overseas, slightly loosened the noose of capital.
Jiyuan Entertainment's stock price began to fall back slowly and steadily from the extreme value of 160 HKD, at a pace that was absolutely controlled.
Seeing this only path to survival—where they would "only lose their principal and not owe massive debts"—appear.
All the short-selling institutions at home and abroad no longer had even the slightest hesitation.
The elites of Wall Street had red eyes, and the heads of the various domestic families gritted their teeth until they nearly broke.
Swallowing blood and enduring the pain, with humiliation and despair, they frantically lunged at their keyboards and madly pressed the close position button!
This was a unilateral financial massacre.
In the tragic wave of position closures that afternoon, the short-selling alliance cut off their own limbs to survive.
The massive capital pool of over 800 billion that the hostile forces had originally poured into the market.
Was completely wiped out and looted as each position closure order was confirmed.
This terrifying wealth, enough to shake the foundations of the nation, truly settled into safe pockets.
Transforming into the most robust and nourishing capital for Jiyuan Technology and the Shanghai Business Alliance!
At 4:00 PM, the Hong Kong Stock Market closed on time.
Jiyuan Entertainment's stock price, after experiencing an epic and bloody baptism.
Finally settled steadily at a high position that looked down upon the entire Hong Kong Stock Market.
As the market stabilized.
A large number of retail investors and trend-following capital, which had been watching from the sidelines, began to pour in frantically, following normal market logic.
Completely solidifying Jiyuan Entertainment's brand new hundred-billion-level market capitalization base.
This heart-stopping, globally shocking financial meat grinder finally came to an end.
Magic City, Jiyuan Technology top-floor office.
The blood-red afterglow of the setting sun shone through the floor-to-ceiling windows onto the large mahogany desk.
Shen Du leaned quietly against the back of his leather chair, watching the K-line on the big screen that had finally stopped jumping, and slowly closed his eyes.
His nerves, which had been stretched tight for over a year like a fully drawn bow.
Finally relaxed completely at this moment.
In the empty and quiet office, a long, relieved sigh rang out.
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