Chapter 83: Chapter 83 Counterattack

"Let's wait to see if a major player has incidentally sold off," Zhang Zhongguo spoke deeply.

"Yes, boss." The operator nodded, his hands relentlessly working.

All the operators were continually buying stocks.

Such buying operations required a certain degree of skill, spending not too much capital, yet achieving maximum effect.

As soon as a large order appeared, they would instantly buy it, striving not to attract the regular investors' attention.

During instances of smaller orders, they allowed ordinary investors to purchase them.

Five minutes...ten minutes...twenty minutes...

The stock market, utterly unpredictable, can make twenty minutes feel like a short time or an eternity.

The faces of Tianyu Group's operators grew grimmer with each passing moment.

Because, within those twenty minutes, individuals were continuously offloading substantial amounts of Tianyu Group stocks.

In a mere twenty minutes, they had collectively spent nearly two hundred million on stock purchases.

In the meantime, many investors had already begun to suspect foul play and some decisive ones had started to follow suit in selling off Tianyu Group's stocks, some even began to short its stocks.

Ten minutes prior, Zhang Zhongguo had instructed individuals to pinpoint the origin of the massive sell-off of Tianyu Group's stocks.

By this point, even the previously upbeat directors were no longer optimistic, they didn't need to be stock experts to understand that something was off.

"Chairman, we've found out, these dumped stocks are mostly from margin trading accounts, and the account numbers aren't the same, it's unclear whether there's a financial backer pushing it." At this time, a subordinate came up to Zhang Zhongguo and reported.

"So, the original sources of these stocks are mostly margin trading?" Zhang Zhongguo visibly relaxed.

The quantity of margin-traded stocks was limited. If it just contained those stocks, they wouldn't have a hard time dealing with it. What he feared was a certain director or an unseen force quietly collecting large quantities of their Tianyu Group stock, now intentionally driving down the price, combined with the balance of margin-traded stocks, it would be a challenge for them to handle.

"Tianyu Group's stock, in terms of margin trading, isn't voluminous. They likely won't sell for long, we should continue buying." Subsequently, Zhang Zhongguo turned to address the chief operator.

"Mr. Chairman, many people are currently selling Tianyu Group's stock, should we lower the price a bit?" The operator hesitated.

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Lowering the price a bit could discourage some investors from selling. Even that unknown giant cash flow might be somewhat restrained because with the stocks' prices reduced, the risk of shorting would increase.

Their further purchasing of stocks would also allow them to save some costs.

Many others, especially those who had initially wanted to short or sell their stocks, gave that idea up because of this.

By this point, it appeared that Zhang Zhongguo's judgment was accurate.

...

Qingyun Hotel.

"Boss, Tianyu Group's stocks have already risen by one point, and we've started to lose money from our account," an operator said to Lin Yun, sounding somewhat hesitant.

The stocks Lin Yun ordered them to operate were from their accounts. In their eyes, Lin Yun shouldn't have previously had any Tianyu Group stocks.

In such circumstances, Lin Yun's heavy shorting on Tianyu Group's stocks could easily lead to problems.

"How many shares have been sold already?" Lin Yun nodded slightly as he asked.

"Almost ten million shares, there should be approximately twenty million shares left for margin trading at Tianyu Group..." The operator calculated a bit, then responded.

"Continue shorting, you can slightly accelerate our pace based on theirs," Lin Yun instructed.

"Alright." The operator nodded.

Having given the necessary warnings to his boss, it was now up to him to act according to Lin Yun's instructions.

Following this, they began to speed up their short selling to match.

It was eleven o'clock, an hour and a half since the opening bell of the stock market.

There was half an hour left before the market closed for the morning.

Operators on Lin Yun's side once again purchased ten million shares.

At this point, Lin Yun had already invested nearly three hundred million.

"That should do it." Upon seeing this, Lin Yun gently noted.

The stock balance for margin trading was barely eight million shares.

Out of the twenty million shares, they had borrowed ten million, while others had borrowed two million shares.

Lin Yun entered a room, started operating through the supercomputer brought out from the trading space.

A piece of news appeared on many portal websites' homepages very quickly.

Lin Yun not only did this, but he also directed these websites' pop-ups and sent their links to some addresses.