The arrogance of the city

Chapter 887 Myth is broken?

South of Juxinghui.

Adjacent to Hi-Tech Park.

Here, stands a 36-storey building.

This building is still very young, only six or seven years after it was completed, but it has become a landmark building in Juxinghui. A thriving atmosphere.

On the east side of the building, there are four characters of Shinhwa Group, which are in regular script and very eye-catching.

The company founded by Xu's second son has a wide range of business scope, ranging from entertainment development, commercial real estate, hotel investment and other industries to mobile virtual economy.

Backed by a big tree, it is good to enjoy the shade.

With Xu's backing, plus Xu Shiheng's talent, since its establishment, the development of Shinhwa Group has been smooth and smooth. The second son of the Xu family, who was only thirty, was pushed to the throne of a tens of billions tycoon.

Xu Zesheng is a legend of an era, and his son seems to be creating another legend.

Ten billion is indeed a very remarkable achievement, but everyone feels that this is far from the end of the Shinhwa Group.

Not only outsiders think so, but all employees of Shinhwa Group feel the same way.

They believe that they are working for a company with an unlimited future, and they are full of passion and fighting spirit every day.

They complement each other, and because all the employees are very motivated, this young company has been sailing forward at an extremely fast speed. It's a little stormy.

In an office hall on the 20th floor of the Shinhwa Building, the atmosphere is very dignified.

The people sitting here are all experienced traders, and they are all staring at their computer screens with the same stern expressions.

It's not just these traders. At this time, countless stockholders have been guarding the stock exchanges in various regions since the morning, staring nervously at the market.

The stock market is like a casino. Many people lose their fortunes here, and many people get rich overnight.

Even, the stock market is sometimes more cruel than the casino, because in the casino, when your money is converted into chips and thrown out, you can still hear a little noise, but in the stock market, just between the fluctuations of a few lines, Your assets are likely to evaporate silently out of thin air.

Ten bets and nine loses, everyone knows this truth, but it is the same as smoking is harmful to health, even if tobacco manufacturers print slogans on cigarette packs, there are still a large number of smokers.

Everyone has a speculative mentality, fantasizing about getting something for nothing to varying degrees, but they also know that stock trading is risky, and they don't want their money to evaporate out of thin air, so they will try their best to find companies with promising prospects.

Buying this kind of company, even if you can't get rich overnight, at least you won't lose money.

And Shinhwa Group is the most secure company in the hearts of countless shareholders.

Since the listing of Shinhwa Group, although the range varies, its stock price has been showing an upward trend.

But today, this trend that investors have become accustomed to has been broken!

Starting at ten o'clock in the morning, within half an hour of the market opening, the shares of the Shinhwa Group began to fall continuously. The rapid decline quickly attracted the attention of countless stockholders.

Generally, a sudden plunge in stock prices like this is either due to a problem with the company's operations or some negative news.

Although there was no negative news about Shinhwa Group, many investors still began to sell their shares of Shinhwa Group due to the follow-up effect.

Some old stockholders are calmer, thinking that this is just a 'disguise', like a mirage, it will disappear soon, and some people even plan to take the opportunity to buy the bottom.

But what is surprising is that the sharp drop in Shinhwa Group's stock price does not seem to be just a temporary anomaly.After opening in the afternoon, Myth stock continued to fall.

Now, even the calmer old stockholders can't sit still.

The big sell-off begins.

Before the market limit was reached, the shares of Shinhwa Group had already fallen by the limit.

This is the first time that Shinhwa has fallen by the limit since it went public.

The stockholders who suffered losses began to scold. They only saw the shrinkage of their own funds, and they couldn't see the efforts made by Shinhwa Group at all.

Even if Xu Shiheng rushed back to the company immediately after getting the news, he couldn't stop the stock price from collapsing.

"Since yesterday, the company's stock price has risen in vain. Presumably someone was deliberately buying our company's stock at that time. Then it maliciously sold it at the same time today, causing our company's stock to plummet."

Xu Shiheng tugged on his collar.

"Why didn't you tell me about this kind of thing earlier?"

The assistant whispered: "Mr. Xu, I went to see you yesterday, but you said there was something urgent..."

Xu Shiheng frowned, remembering that yesterday, the assistant did go to him, but his father asked him to pick up Si Xiting.

Xu Shiheng is not a leader who doesn't distinguish between green and red, knowing that this is indeed not a problem with his subordinates, he let out a deep breath.

"Find out who did it?"

Everyone can see that someone is deliberately targeting the myth.

"It's very difficult. The other party is very professional and has used nearly [-] accounts. We tried to trace hundreds of accounts and found that almost all of them are from overseas."

"Mr. Xu, maliciously suppressing the stock price like this is actually a matter of killing one thousand enemies and self-defeating eight hundred. There is no benefit at all. Who would be so stupid?"

Even if it is a company that has a competitive relationship, it will never do such a thankless thing.

Unless the other party doesn't care about money at all and is willing to take the money and smash the Shinhwa Group.

But is there such a person in the world?
You know, in today's short fight, although they failed to prevent the stock price from plummeting, the other party also suffered a lot.

"How much stock do we need to buy back if we're going to stabilize the situation?"

Xu Shiheng asked in a deep voice, at this time he really didn't have much energy to think about who was behind the scenes.

The lead analyst uttered a number.

Xu Shiheng frowned. The funds on the books of the Shinhwa Group were simply not enough to deal with this crisis.

It seems that the only way to find his father is to help.

"Everyone has worked hard today, don't worry, no matter who it is, it is definitely a very stupid decision to use money to smash Shinhwa."

This is a qualified leader, not only calm in times of crisis, but also comforting people.

Hearing this, the slightly heavy hearts of the subordinates relaxed a lot.

Although the myth has only just started.

But is Xu short of money?
On this day, many media have noticed the collapse of Shinhwa Group's share price and competed to report on it.

The Hong Kong media is okay, it is taboo to anger Xu, but the mainland does not have so many scruples.

The slogan of the home portal is particularly eye-catching.

Little Superman finally meets Waterloo, and the myth is about to be shattered!
(End of this chapter)