94: Chapter 93 Resigning to Fate, Argument
"What do you mean? We have a lot of stocks heavily invested in, which one are you talking about?"
"Which one has the heaviest position?"
Seeing Lin Feng's expression grow increasingly serious, Liu Yan felt a bit panicked inside.
The incident where he made 3 million with 100k leverage was still fresh in her memory.
She firmly believed that Lin Feng was no simple person, but her father just wouldn't believe it, insisting it was just luck.
A woman's intuition told her that Lin Feng definitely had a channel to obtain accurate intelligence.
Suddenly, she thought of something.
Not long ago, a big investor from the south opened an 8 million leverage account with them.
Shortly after, based on the conclusions reached by the company's analysts, they heavily invested in the stock Rongcheng Beer.
The reason was that the company held the patent for a therapeutic hepatitis B vaccine.
China has 120 million hepatitis B patients; once the research and development succeeded, the market would be massive.
This beer company could also become a pharmaceutical giant.
Major institutions in China held it in high regard, and various economists were also very optimistic about it.
The stock price soared all the way, climbing from a low of over 30 yuan to over 80 yuan.
When the stock price was at 65 yuan, Kaisheng invested 70% of this major client's position heavily into this stock.
At the same time, more than 20 other clients under the company also carried out buying operations with varying proportions.
Even the company's own account had invested nearly 6 million in funds.
Could there be a problem with this stock?
Liu Yan was filled with suspicion and doubt, still finding it hard to believe.
"If you don't want to say it, then forget it. Stay for a meal before you go; Teacher Tian's cooking is quite good."
Liu Yan was left restless by Lin Feng's words just now; how could she have any appetite to eat?
"Our company has recently heavily invested in a stock called Rongcheng Beer."
"Is it the kind of heavy investment that, if it blows up, would be enough to overturn your company?"
"You could say that. Not only did we buy heavily for several of the company's major clients, but we also invested over 6 million ourselves."
Lin Feng opened his laptop, clicked on the securities software, and quickly found the stock Rongcheng Beer.
[Rongcheng stock, favored by the market, extremely high institutional ratings, currently has an obvious upward trend. The company holds a patent for a therapeutic hepatitis B vaccine and is about to enter phase three clinical trials. Three days later, the results of the phase three clinical trials: compared with the placebo control group, there was no statistically significant difference. In layman's terms, the vaccine is ineffective, and the stock price will experience a cliff-like drop.]
[December 8, 83.12 yuan, highest before the crash. December 9, 74.80 yuan, limit down -10%. December 12, 67.32 yuan, limit down -10%. December 13, 60.59 yuan, limit down -10%. December 14, 54.53 yuan, limit down -10%. December 15, 49.07 yuan, limit down -10%.]
[A total of 9 consecutive limit downs, finally stopping the decline at about 26 yuan, falling about 70% from the peak. Entering a period of plunge, there will be no opportunity to close positions, and high-leverage accounts will face a wave of forced liquidations.]
Lin Feng broke out into a cold sweat. Comparing the intelligence before and after, he reached a terrifying conclusion.
Once it blew up, Kaisheng would be in dire straits. Given their scale, they probably couldn't afford such a huge loss.
Although financial companies help clients operate accounts, generally, gains and losses are borne by the clients themselves.
But large-scale client liquidations would definitely trigger collective denunciation from clients and stir up a monstrous storm within the financial circle.
Kaisheng would become notorious and eventually disappear like a speck of dust.
Lin Feng's expression didn't change; instead, he looked at Liu Yan.
[Probability of choosing the correct path: 50%. Probability of being wrong to the end: 50%.]
It seems everything can only be left to fate.
Although he could see the intelligence, he wouldn't force anyone to change their future.
"Sell it."
"What? Rongcheng Beer has the patent for a therapeutic hepatitis B vaccine, and major institutions have rated it very highly."
"Public opinion says it will transform from a brewery into a Chinese pharmaceutical giant, with a target stock price of 200 yuan."
"Just because a target is set, does that mean it will be reached? I've said what I needed to say; think about it yourself. I won't interfere with your company's operations."
Liu Yan paused and noticed that Lin Feng's face was very serious; at least, she had never seen this expression on him before.
"You said you wouldn't interfere with our company's operations, so why did you warn me?"
"Because we are friends."
Liu Yan was stunned, a jolt running through her heart.
It was impossible for Lin Feng to be joking with her about this matter; for him to say this, it definitely meant...
"Lin Feng, I'm going back to the company first. I'll look for you in a few days."
[Probability of choosing the correct path: 100%. Probability of being wrong to the end: 0.]
Lin Feng chuckled; this girl actually trusted him so much.
"Lin Feng, why did Miss Liu leave?"
"Her mom called her home for dinner."
"Huh?"
"What 'huh'? I see the bed in the bedroom is at least 2.4 meters wide. Let's go, let's go test its elasticity."
"Hate you..."
Western suburbs of Shen City, golf course.
Chairman Liu Xun swung his club, and the white ball flew off.
He certainly didn't know where the ball landed, but his form was standard and elegant—as long as he could put on a show, that was enough.
"Chairman Liu's technique is getting better and better."
"You're too kind, Xiao Wang. If it weren't for your information this time, we wouldn't have been able to eat this piece of meat."
"Chairman Liu is too polite; we are our own people."
The young man was dressed in a suit, looking dapper.
His name was Wang Sheng; he was a university classmate of Liu Yan and from Rongcheng.
Last year, he joined the project team for the hepatitis B vaccine research and development at the Rongcheng Beer factory and also held an important position in press releases.
Regarding the level of understanding of this project, apart from those R&D personnel, he definitely belonged to the first tier.
Not long ago, Wang Sheng disclosed the news to Chairman Liu Xun, hoping to use this opportunity to win Liu Yan's heart.
"Dad, stop playing golf, I have something to discuss."
"Yanyan, why are you here?"
When Wang Sheng saw Liu Yan, his eyes lit up, and he scurried over like a eunuch.
"Get lost, I don't have time to deal with you."
She shoved Wang Sheng aside and came in front of Chairman Liu Xun.
"Yanyan, why are you being so rude? Xiao Wang is your classmate, and he brought us intelligence with commercial value."
"Dad, close the position. Liquidate all positions in Rongcheng Beer."
"Yanyan, why?"
"I don't want to say more. Just liquidate it quickly; this concerns the life and death of our company."
"Yanyan, why are you talking nonsense? This intelligence was something I took a risk to disclose to you."
"Don't call me Yanyan. Also, your intelligence is unreliable; it will get us killed."
"How is that possible? I am in charge of press releases for the R&D department and the progress of vaccine development. Phase three clinical trials take place in three days, and the success rate is very high."
"How high is 'very high'? 100%?"
Wang Sheng was stunned, his expression turning a bit ugly.
He said aggrievedly, "Yanyan, aren't you deliberately trying to find fault?"
"Wang Sheng, I can't be bothered to waste breath on you. Can you cover the losses? The money lost is Kaisheng's, so your intelligence lacks persuasiveness."
"Yanyan, I'm wronged. Do you know? People from Wansheng Group even paid money to buy intelligence from me, giving me 2 million. Your words are too hurtful."
"Oh... then do you need me to give you 2 million?"
"Enough, Yanyan, be quiet. Why do you want to liquidate the position for no reason? Rongcheng Beer's growth trend is quite good."
Chairman Liu Xun couldn't watch anymore and quickly stopped Liu Yan, questioning her with a tone of dissatisfaction.