King of Capital

Chapter 445 Humming Literature

[Before investing in LeEco, my life was flawless. But after investing in LeEco, if I don’t make this company a success, my life will really be flawed—Xie Jingxing sheds tears at LeEco’s financial press conference.]

[A huge loss of 117 billion! LeEco has no profit since its listing, and the audit agency said it "cannot express an opinion." 】

[Jia Yueting disappeared, the accounting firm was speechless, Xie Jingxing covered his face and cried bitterly. LeEco was critically ill and entered the moment of life and death. ]

Shen Xin stood in front of the big screen with his arms folded, admiring the masterpiece from Qingyou's secondary market department with great interest.

It is not the news content itself, but the use of mathematical modeling programs to capture online consultations, monitor and analyze market sentiment.

Today, its maturity is far less than that of Weibo hot searches, but it is foreseeable that with the development of artificial intelligence, it will be able to go further in the future and transform from monitoring to intuitive control.

"Mr. Shen, the CEO of Debon Securities has arrived." The subordinate reminded in a solemn voice.

Shen Xin did not comment, turned around and walked straight towards the reception room. Looking at the middle-aged man who was fidgeting with a scumbag temperament, she slowed down her pace.

When this person underwrote LeEco's 20 billion yuan bonds last year, Tang Man, as an old classmate, reminded him to be careful not to become the first "fraudulent issuance of bonds by a listed company" after the domestic financial reform.

"Hello, Mr. Dong."

Shen Xin walked in calmly and said bluntly, "I just joined the group and am not familiar with many of the businesses. I contacted Mr. Tang temporarily and found that the transaction between us is quite complicated."

"Boss Shen, we have a very close cooperative relationship. Let's not talk nonsense at this time. What is your company's current attitude?"

When the black swan strikes, Dong Zong also has no room for buffer and can only tackle the crisis head-on.

Debon Securities underwrote LeEco's 20 billion bonds. Initially, Xiyou took the initiative to seek to bind the "bond loan" transaction for the purpose of short selling, and indirectly helped find bond buyers.

Later, Jia Yueting was desperate and used it as a bargaining chip and sold it to Chongqing Xingen Fund at a discount. The bond lending transaction cooperation naturally fell through.

As a result, just after Jia and Zeng Qiang signed the investment intention agreement, Xie Jingxing returned to China and blew up LeTV, triggering a robbery incident that the public called a barbarian fight against a listed company.

After many twists and turns, the control of the 20 billion bond sales returned to the underwriter Debon Securities, and then the dramatic events unfolded:

As Xie Jingxing appeared on the cover of Time magazine and various rich lists, LeTV simultaneously released two popular TV series, "The Legend of Miyue" and "Go Princess Go".

This investment target, which had fallen into the mud in the capital market, rebounded quickly, and the bond issuance restored liquidity and was sold smoothly, with Grapefruit playing a supporting role.

For example, the face value of a bond is 100 yuan, the buyer buys it at a cost of 70 yuan, borrows it at a cost of 72 yuan, and the face value of the bond when it matures is higher than 72 yuan, so the buyer makes a profit.

Under the stimulus of favorable news, who the hell would think that Xie Jingxing was shorting himself? !
This is obviously a routine risk hedging operation, providing liquidity for LeEco's capital operation. Buyers all thought they had bought at the floor price, and there was also a minimum living allowance to earn.

This complex transaction structure allowed Xiyou to absorb a large amount of loan bond shares. The financial collapse shook the market, and it instantly became the victim and creditor with the greatest qualifications to bring it to court.

In Jia Yueting's era, financial auditing agencies, bond underwriting agencies, and various third-party service providers were the first to face legal crises.

"Mr. Shen, if Xiyou is willing to resolve the risk, administrative and judicial procedures must be the last choice."

When Mr. Dong saw that the young woman in front of him was ambiguous and insisted on describing the cooperation between the two parties as a direct transaction, he immediately put on all his strength and denied it, summarizing the whole process in detail and trying his best to clear himself of any responsibility.

He earnestly helped to analyze: "According to statistics, the total amount of LeEco's public financing is no less than 80 billion. If any creditor rushes in and causes a run on the bank, the whole thing will be over!"

"What you said makes sense. We very much hope to resolve the issue through negotiation and need the support of all investors. Currently, President Tang is in Beijing accompanying President Xie to hold meetings and discussions with relevant parties." Shen Xin shook his head slightly in helplessness and apology.

Dong Zong clenched his fists to control his emotions: "I read the press conference report on the way, and I can feel that Mr. Xie is inclined to save the situation and is unwilling to admit loss and leave. In this case, should both of us cooperate and find a way to appease the creditors?"

"You may have misunderstood. Jingxing Group only holds 5% of LeEco's shares. Stopping losses in time and admitting losses and leaving are two different things." Shen Xin frowned and corrected seriously.

"..."

President Dong was speechless and it took him several dozen seconds to come back to his senses. Suspicion gradually grew in his heart. He raised his voice in shock and anger: "You are responsible for the short-selling report!"

"Sorry, I have a meeting, so I'll have to excuse myself." Shen Xin calmly made a gesture of invitation.

"You have no bottom line in doing business like this!"

Dong Zong's face flushed, hesitant and excited, and he slammed the table. He failed to achieve any results, and was asked to leave by two male employees while yelling.

Shen Xin walked to the window and watched the other party walk away angrily. He shrugged and returned to the laboratory to continue observing the public opinion consultation monitoring program.

The outside world believes that Xiyou holds 40% of LeTV's shares. It is obvious that the main interest is the company, and secondary market financial derivatives such as loan bonds, stock securities lending, and bulk options are secondary.

But the fact is that Mr. Xie had been moving around from the very beginning, with Taihe Capital taking over 35% of the shares, and Jingxing Group was only a small shareholder.

His entry into LeEco led to a market rebound, and as of today, trading of related financial derivatives has been smooth.

A securities firm purchases a beneficial right of restricted shares, puts it into an investment portfolio product and sells it to a fund. The fund selects several similar products to form an asset package and sells it to a financial management company.

Finally, a gangster who was far away in the southwest border, who kept up with the times and transformed himself to make a fortune quickly by deceiving young girls into taking out naked loans to engage in medical beauty, wanted to leave a way out for his wife and children, so he bought the stable commercial education insurance from this financial management company.

A veteran in the Beijing entertainment circle had limited funds and was unable to play in the secondary market, so he used his own connections and professional vision to invest 200 million yuan in a TV series produced by LeTV.

将这200万元投资份额受益权,以500万元友情价转让给某家影视公司。影视公司提到1000万市场价卖给资产管理公司,P2P平台花费2000万溢价收入囊中。

An outstanding middle school teacher in Northeast China easily controlled the decoration workers and crushed the property managers. While educating her husband and children to save the foot washing water to flush the toilet, she calculated the interest on the P2P platform and deposited her savings into this platform after several comparisons.

At this moment, Jingxing Group and these two ultimate creditors of LeTV from all over the world share one identity - victims.

The 20 billion bonds underwritten by Debon Securities were only a small part of the billion losses and billion debts. Shen Xin really had no interest in cooperating with Mr. Dong to solve any problems.

If LeEco doesn’t want to go bankrupt and lose everything, it can only agree to debt restructuring, either by paying off the loan at a discount or converting debt into equity. In the future, everyone will be a shareholder and the debt will be cleared.

As for the remaining three-inch nails on the broken ship, I'm sorry, these nails must be repaid to Jingxing Group first.

There is only one last question left: whether the creditors believe that Xie Jingxing, who once brazenly released a short-selling report on LeTV's financial fraud, was really deceived by Jia Yueting and became an idiot.

Or maybe he had already anticipated this and intended to get rid of the burden of bad debts through capital operations and get back on track with a bright future?
【Two years ago, I said that geniuses are artificial. The long cycle of the venture capital industry makes it so. The stupid son of a landlord invests in hundreds of projects, but no one is sure how they will turn out. Now, the only investment in LeTV, which can be verified immediately, has failed. Grapefruit investors, are you all right?】

[To some extent, Jia Yueting is awesome. He is said to be already in the United States but he will not return until the criminal prosecution period has expired. Xie has really gotten himself into trouble this time, and he has taken over a huge deal.]

[Netizens are not as smart as Bian Mu. Seeing Xie Jingxing shed two tears, they hummed in pleasure in their bed. Maybe your goddess is crying in admiration and humming when he scolds her. Xie Jingxing colluded with Jia Yueting to kill hundreds of thousands of retail investors. It is recommended that relevant departments confiscate all his property, including his father's! ]

Popular opinions flashed across the big screen one after another. Shen Xin let out a sigh of relief. The restructuring group successfully completed the debt totaling only 30 billion yuan, which would be converted into more than 25% of LeTV's shares.

The whole process will take a long time to complete, and it will not work until all creditors believe that Xie Jingxing has been badly cheated.

The plan has successfully taken the first step. Next, we need to wait patiently and hope that everything goes well.

Shen Xin waited silently. She had no idea what Xie Jingxing was thinking, but she was sure that if LeEco went bankrupt, hundreds of thousands of retail investors would have no choice but to lose all their money. …………

"I didn't expect this. Netizens are getting more and more outrageous."

The several acres of yard that looked like an industrial factory in winter became a garden with rockery and ponds after the spring, and the transplanted flowers and plants were full of green vitality.

The sycamore tree in the corner of the yard has become a gathering place for interns for their lunch break. Zhang Youzhou has been surfing the Internet intensively these days, eating melons everywhere and then turning around to explain to his friends, and he is very busy.

"How refreshing! Tears of adoration are even more outrageous."

Liao Yan swung back and forth on the swing and flirted with him. Zhang Youzhou was speechless and looked at Zou Jingyi in a serious manner. The latter couldn't help but pursed her lips, and the three of them laughed together in tacit understanding.

Three interns were late for the project meeting on Monday morning. Coincidentally, they were all staying in hotel rooms provided by the company. Two of them were fired that afternoon, and everyone learned the whole story from the one who survived.

The routine management and approval process for administrative and financial reimbursement matters at Xiyou was lax, which led to an intern taking advantage of a loophole and reselling the rooms to normal consumers at a price lower than the hotel's price.

However, there is a random inspection system, and Director Daisy finally took the trouble to go to the hotel for a walk, and unexpectedly caught the man red-handed.

The dismissal of this intern was barely reasonable, but the second one was extremely outrageous.

Read the error-free version at 69shuba! 6=9+shu_ba is the first to publish this novel.

He took a ton of selfies in the hotel room, went to the executive lounge at night to enjoy free drinks and snacks, and swiped Momo, WeChat Nearby, and Tantan like crazy, bragging to beautiful women that he was a rising star of Grapefruit Capital and was highly regarded by Xie Jingxing.

I never expected that I would randomly hook up with a fanatical female fan of Mr. Xie. The most important thing is that she has a pretty face and a good figure. The rising star classmate became greedy and said that she had to pass my test first before Mr. Xie could feel at ease to spend the night with her.

The female fan agreed without hesitation, and when she was about to get down to business after taking a shower, she suddenly turned hostile and threatened that if she couldn't help her sleep with Xie Jingxing within two months, she would be sent to jail!

After struggling for a few days, the rising star student broke down and confessed to his teacher, hoping that Mr. Xie could help him...

Afterwards, the female fan said that she originally thought it was nothing to give this wretched man one night, but being able to avoid the test would give her a differentiated advantage compared to other girls. Xie Jingxing would definitely remember that she liked her!
When talking about the touching parts, I couldn't help but shed tears of admiration and happiness.

"Why is it so weird? It feels like I'm listening to a story, a story with no logic at all." Zhang Youzhou laughed and sighed for who knows how many times.

Given his IQ and upbringing, he can laugh at such people and things but feel a bit of pity for them. Normal people are instinctively kind to disabled people.

Liao Yan and Zou Jingyi exchanged glances and were both silent. Men also have sexual charm, and women can not only sense it strongly, but are also more fascinated by it than men.

Zhang Youzhou feels pity for his female fans, but they think that he is essentially a female version of Zhao Zhijing, a failure with not enough brains.

"We received an LP of the company's first RMB fund this morning. She is a young lady with a very nice temperament and is very gentle. She shared photos of her trip to Maldives when she attended our company's annual meeting two years ago. She mentioned that Mr. Xie's eyes were full of admiration and said that it didn't matter if she didn't get a share this time, she would just regard it as friendly support."

Zou Jingyi felt the atmosphere was a little awkward, and her tone was complicated and suggestive.

Liao Yan was slightly envious: "The big brother we received this morning was simply invincible. He kept talking about you, a small manager and an intern. What is Xie Jingxing busy with? He didn't really get fooled by Jia when he invested in LeTV, did he?"

"I feel like I'm not being respected equally."

Zhang Youzhou had a similar experience and agreed: "This is how we received Guangzhou Yuexiu Capital this morning. The communication was pleasant and it was obvious that they were very interested. However, the team leader hinted at special treatment and asked us to meet with our partner-level boss in advance so that we could discuss everything."

As the end of the month approaches, the investor fundraising meeting will be launched. Recently, many mother funds, large individual investors, and leading companies from various industries have heard the news and sent people to the company in advance to contact and reserve a spot.

Zou Jingyi and other child workers went together to help colleagues in the fundraising department serve tea and water and act as reception staff, under the pretext of experiencing the difficulty of the work of colleagues in various departments and valuing every penny they invested.

"It's good that I didn't ask to see Mr. Xie. Yesterday, we received the second group of LPs from a state-owned enterprise. The female leader kept complaining about why our company is full of young girls. The dominance of yin and yang affects Mr. Xie's fortune and damages his spirit."

Liao Yan looked at Zou Jingyi, and they both smiled knowingly.

Zhang Youzhou heard some hidden meaning, but still couldn't agree with it, so he argued: "You guys have met all the female LPs. Anyway, I have been receiving male LPs these days, and most of them just want special treatment."

"Of course there are more male LPs, and they come directly at me." Liao Yan puffed out her chest and raised her head and spoke in a fierce manner.

"..."

This was the end of the conversation. Zhang Youzhou was choked and didn't say anything for a long time. His face turned red and he suddenly picked up the laptop in front of him and opened the intranet mailbox: "How can the company do this! I will write an email to Mr. Xie to complain."

"Hey, no, no, no, I was just kidding."

"Don't worry, I observed it myself, I won't implicate you!"

"Really not, brother, I was wrong, don't!"

"It's true! Yanyan was joking with you. Don't you remember Mr. Zhou?"

Liao Yan grabbed Zhang Youzhou's arm and tried to dissuade him, and Zou Jingyi quickly followed suit and explained.

On Monday in the conference room, when she really opened a bottle of Jiang Xiaobai, Boss Zhou Wei almost knelt down and begged for mercy, shouting for a sack, and shook his head quickly to indicate that he didn't want to die yet.

With such a company culture, asking colleagues for help in setting up a shemale account is already the limit.

"Uh, hehe, I was just kidding you guys, hehe." Zhang Youzhou's movements were frozen and he forced out a smile with his eyes blinking.

Liao Yan raised her hand and punched him: "You've lowered your intelligence!"

"A man will risk his life for the beauty he loves." Zou Jingyi said slowly.

Liao Yan rolled her eyes at her: "Beauty is more beautiful than fate."

Zhang Youzhou acted silly and good and smiled foolishly to serve as a foil. At first, it was indeed difficult for him to control himself and pay attention to Zou Jingyi, but after two weeks of getting along with each other, he gradually felt normal. The two little friends in front of him are both excellent girls!

Two of the seven interns in the front desk department resigned, and the competitive pressure among everyone dropped sharply. This is always the case with childhood friends in the workplace.

The company's investment in LeEco, the progress of fundraising, and Mr. Xie's personal image are too far away from them. They can only control what is in front of them, and stay under the sycamore tree.

"Thank you, Boss!"

Zhang Youzhou stood up with a bang, moving his chair to greet them. Zou Jingyi and Liao Yan stood up instinctively.

"I'm in good shape. Let's have a team-building dinner tonight."

Xie Jingxing smiled, carrying his suitcase and walking towards the office building first, with Liu Qiming and Tang Man accompanying him on both sides.

Zou Jingyi's beautiful eyes moved as she looked at the tall figure. The group structure that had been adjusted for two months was finally completed. Next, she and her friends would work with the young commander.

(End of this chapter)

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