Scholar's Advanced Technological System - Chapter 1495
Chapter 1495: Are You Not Guilty For What You’ve Done?
On the last day of the weekend, most people in Pan-Asia were on holiday, but the building of Yangwei Capital was busy as ever.
For them, tomorrow would be a crucial battle.
This battle was not only divided into both victory and defeat but also life and death.
In order to short East Asia Energy, they had taken on tens of billions worth of risk. If the stock couldn’t be bought back smoothly, it would undoubtedly be a serious blow to the cash flow of Yangwei Capital.
Especially if East Asia Energy’s stock price was allowed to continue to rise, they would have to buy back their borrowed shares at an even higher price, which would undoubtedly make their situation worse and severe.
After all, they risked tens of billions.
For such a huge amount of funds, even with the daily trading volume of East Asia Energy, they couldn’t buy the shares back in a short amount of time. Those investment companies that were planning to short with them could easily turn and go against them instead.
There were no morals in business matters.
However, although this battle was extremely difficult, most employees still believed that they would win in the end. Not only because of the so-called “aces up the sleeve” claimed by their bosses, but also because their bosses had predicted the general direction of financial trends over many years.
Sitting in his office while staring at the holographic screen floating on the table, Song Yangwei suddenly frowned and muttered to himself, “Why do you think my eyelids are always twitching?”
After hearing what the boss said, the secretary standing next to him quickly asked with a smile, “Your left or right eyelid?”
“Left eye.”
“Left eye twitches for wealth, right eye twitches for disaster, it is a good sign!” The secretary said with a smile, “It seems that you are going to get rich soon.”
Song Yangwei chuckled, but soon, his eyebrows frowned again.
“… Hm, it doesn’t seem right, it’s the right side.”
The secretary who had just breathed a sigh of relief almost choked on his saliva. He quickly smiled twice and continued, “Uh, I remembered it wrong, I think right eye means wealth—”
However, halfway through his words, there was a rush of footsteps outside the office. The door was pushed open.
Song Yangwei looked at the few people standing at the door. He was taken aback for a moment and was about to speak. The person who first entered the office took out his credentials and shouted.
“Police!
“Do not move!”
Song Yangwei, who was thinking about his business, suddenly panicked. He raised his hands subconsciously, but he quickly put them down again, glaring at the policeman.
“What are you doing?! I am a law-abiding citizen, your current behavior—”
“Law-abiding I see.” Staring at the old man sitting in the office chair, Captain Xing, who walked in from the door, narrowed his eyes and continued, “Director Song, are you not guilty for what you’ve done?”
The moment Song Yangwei heard this sentence, his heart trembled.
Especially when confronted with the squinted eyes, the inexplicable fear that climbed into his heart made every pore on his body shake uncontrollably.
“Are you… um, from the Security Bureau?”
Xing Bian chuckled and didn’t answer his question. He just gave the subordinate standing next to him a look.
“Take him.”
Although there was no answer, the silence was telling.
Song Yangwei lost the color on his face when he heard the sentence.
If it were a financial crime, if they wanted to take him away, they would at least have to show the prosecutor’s approval of the arrest. There was no doubt that this was no longer just a financial crime.
“If I confess, will it reduce my punishment?”
“Of course.” Xing Bian continued while looking at the older man who looked like a teenager that was caught red-handed, “But it depends on whether your confession is valuable to us.”
…
As the weekend passed, the busy week began again.
For most people, there was no obvious difference between this Monday and the usual Monday, but for people in the financial world, it was quite unusual.
Last week, Yangwei Capital issued a short-selling report on East Asia Energy, and it smashed nearly tens of billions worth of sell orders, which became the focus of all financial industry practitioners.
The more serious news had still yet to come. Not only did the tens of billions not make a splash in the price, but the stock price of East Asia Energy became even more stable, making people suspected that it was fake news.
There was no doubt that Yangwei Capital was bluffing.
This was billions of real money, and presumably after a week of rest and reorganization, Yangwei Capital must have made a countermeasure.
However, just as everyone was staring at the stock price of East Asia Energy and waiting for Yangwei Capital to fight back, something unexpected happened.
Just like the last trading day of last week, the share price of East Asia Energy had not fallen even a little bit; it even rose slightly.
The volume was tiny as well.
Seeing this unusual scene, almost all the investment companies that closely followed the stock price of East Asia Energy were confused.
Is Yangwei Capital…
Giving up?
They don’t care about their tens of billions worth of position and risk?
Whether they continue to throw money or start buying back, they must do something, right?
Normally, this was indeed the case, but Yangwei Capital pretended as if nothing happened. They didn’t react at all.
It was so strange that people didn’t know what to say.
Just when everyone was wondering what medicine Song Yangwei was taking, a gossip came out saying that the boss of Yangwei Capital was taken away by the police.
And it didn’t seem to be an ordinary financial case!
After the news came out, the entire financial circle was in an uproar.
Various gossip news spread immediately. Some said that the short-selling report of Song Yangwei, the boss of Yangwei Capital, offended other major shareholders in the East Asia Energy Board of Directors, especially the Asian Infrastructure Investment Bank. Some people said it was because of him.
Others speculated that it was Academician Lu.
However, this possibility was very small.
In short, no matter for what reason Song Yangwei was arrested, one thing was certain.
That was, after the boss was taken away for investigation, the entire Yangwei Capital had fallen into a state of chaos, and the short-selling of East Asia Energy was naturally unable to proceed.
As soon as the news spread, the shares of East Asia Energy rose in response. Not only did it instantly swallow the decline caused by Lu Zhou cutting off the electromagnet research laboratory a few days ago, but it also continued to jump a few points upward.
In a day’s time, Yangwei Capital’s losses reached hundreds of billions of credit points. As the stock price of East Asia Energy rose further, it would lose even more money from people exercising their sold options.
It wasn’t until then that people suddenly remembered who had been buying shares of East Asia Energy before, and they regretted that they missed the opportunity.
Someone in the financial world made some calculations.
The single-day gains on Monday alone made Lu Zhou, who had previously gone against the short sale with Yangwei Capital, hundreds of billions of credit points. Not only because of the stock he bought during this period, but it was also because of the 7% of East Asia Energy stock that he held.
If Yangwei Capital was unable to get out of the predicament in a short time, buying back those shares in the future was likely to further push up the stock price of East Asia Energy.
If the second-generation controllable fusion technology was realized, it could easily bankrupt them.
During this period, Lu Zhou, who had continuously bought more of East Asia Energy, became the biggest winner of this “short-selling event”…
