I’ll Add Points To All Things

Chapter 726: Xinli Education collapsed!

Reunited with Su Yang?

Go to please Su Yang?

Cao Qiguang felt...a bit hard to wipe his face.

But... there seems to be no other good way.

What on earth is this to do!

After listening to Mr. Yang's words, Cao Qiguang troubled him all afternoon. Until he sent Mr. Yang away, Cao Qiguang hadn't figured out how to get back to Su Yang without losing dignity.

It would be great if Su Yang could come over to apologize and admit a mistake. I must forgive him, hey...

After sending off Mr. Yang, Cao Qiguang sighed and took out his mobile phone to see if he missed any news today.

It doesn't matter if you don't look at the result, I was shocked when I saw it.

There are a lot of missed calls on his mobile phone, as well as unread messages on WeChat.

Most of these calls and WeChat were sent by his confidant, Director Wang.

The phone recognized Cao Qiguang's face, unlocked automatically, and prompted a message.

The top one is two WeChat,

【CEO Cao! In a hurry! Call back when you are done! 】

Cao Qiguang continued to look down a little carelessly.

[Today after our company released its quarterly financial report, I heard that someone borrowed our stocks in Hong Kong City on a large scale, as if they wanted to go short. 】

Cao Qiguang was shocked, and could not bother to look at other information, and quickly called Director Wang.

After the call was connected, Director Wang's voice was a little anxious. He said, "Mr. Cao. Have you seen the message I sent?"

Cao Qiguang said solemnly, "I saw it. Tell me about the situation, what is going on?"

Director Wang did not say anything, but first asked, "Mr. Cao. Did you cover the chapter on the quarterly financial report?"

Cao Qiguang asked in confusion, "What stamp? I haven't stamped it!"

Director Wang was not surprised, as if he had guessed that it was not Cao Qiguanggai, but directly explained the whole story. From the morning when the company made an inexplicable financial report, and then later he started to inquire about the trend of Hong Kong City, and found that someone had borrowed a lot of company shares in the past few days, and they all said it all.

Cao Qiguang was more frightened as he listened.

After listening to everything, probably because everything was too shocking, Cao Qiguang did not speak for a long time.

After a while, he said, "I'll get in the car first. Wait a moment. I'll call you back later."

After speaking, Cao Qiguang hung up the phone.

After hanging up the call, Cao Qiguang's eyes were full of fire, and his chest was violently ups and downs, panting heavily, venting his inner anger and shock!

After ten seconds, Cao Qiguang adjusted his mentality, then took out his mobile phone and quickly searched the news of Xinli Education's quarterly report: He doesn't trust anyone on such a major event. He even hoped that Director Wang had betrayed him and deceived him.

But there are no miracles in the world, and Director Wang did not lie to him. Cao Qiguang quickly saw the company's quarterly financial report online.

And this financial report has already spread after a day of fermentation, and the Internet is all praising Xinli Education. Even the posts of Xinli Education and the leeks in the stock bar are saying good things about Xinli Education.

If it weren't for Cao Qiguang who knew this was not a good thing, he would have thought it was a navy hired by Xinli Education!

He checked the share price of Xinli Education again, and in one day, Xinli Education rose by 13%.

Cao Qiguang didn't want to investigate what was going on with all this. He knew that what he needed now was to save everything as much as possible! After the incident occurs, only the solution is the right way. Investigation cannot solve the problem.

What's more... he has already guessed in his heart who moved this hand.

Thinking of this, he suppressed the fire and viciousness in his eyes, beckoned the driver to come over, got in the car, and then closed his eyes and started thinking about countermeasures...

...

At this time, Su Yang was playing chess with Zhao Licheng at home.

The two of them didn't play Go, which is very high, nor classic chess. They played...backgammon.

Maybe both of them had very high IQs, or Zhao Licheng was deliberately letting Su Yang, anyway, the two of them had played half a chessboard and still hadn't decided the victory or defeat, and it was hard to tell.

Su Yang held the black piece in his hand and landed on the chessboard, then while looking at the chessboard, he said, "Cao Qiguang...seems very calm."

Zhao Licheng did not belittle Cao Qiguang because of hatred, "He is a talent. Not worse than me."

With that said, he fell a bit.

Su Yang was playing with chess pieces in his hand and asked, "Are all the plans arranged?"

Zhao Licheng said, "All arrangements are made. You can follow Cao Qiguang's response one by one. Especially with the intelligence of Master Janet, we can perfectly block every point of him."

Su Yang smiled and sighed, "So sometimes, absolute power can really change everything...an open life requires no explanation."

...

That night, Cao Qiguang rushed back to the magic city all night, calling all his confidants to his home, discussing how to deal with the matter.

The confidants didn't understand Cao Qiguang's tension at first. But I panicked when I heard that someone already knew about the financial fraud.

In the domestic stock market, financial fraud is actually not very serious.

For example, Fenghua Hi-Tech, inflated profits by 100 million, was fined 600,000.

For example, Kang Dexin, financial fraud of 11.9 billion yuan, a fine of 600,000 yuan.

For example, Kangmei Pharmaceutical, financial fraud of more than 30 billion, was only fined 600,000...

and many more.

But in other capital markets, it is different. For example, US stocks have severe penalties for such fraud. Recently, a stock that has been cutting American leeks is facing delisting due to financial fraud of 2.2 billion, and even up to 70 billion in compensation.

Hong Kong stocks also have strict penalties for fraud. Although it may not be so high, it is also very scary.

So under this circumstance, a few confidants used their brains to make suggestions.

Some say, "If you can't solve the problem, just solve the people who know the problem."

Some said, "Push to temporary workers."

Anyway, they are all domestically used methods.

Cao Qiguang is also a ruthless person. After listening to everyone's opinions, he felt that he was unhappy.

Because he knew that Su Yang should not be underestimated, and that these simple means could not be dealt with.

So after thinking about it for a long time, he decided...to fly to Hong Kong City tomorrow morning and hold a press conference in person. Take the initiative to expose this matter.

It is said that during the internal accounting of the company, several items were accidentally missed, resulting in serious deviations in the actual data.

For this reason, the two directors of the finance department of Xinli Education will both take the blame and resign, and he will also step down as the chairman of the company.

In addition, Xinli Education will also publish clear calculated data within a week.

Finally, Cao Qiguang will kneel down and apologize to all stockholders and investors and obtain their forgiveness.

I have to say that Cao Qiguang’s preemptive action is very accurate: they themselves disclosed that the company’s financial report had a problem, making the concept of the whole thing completely different. The latter is a fraud incident, but the former is only a problem of company processes and data.

Although this will still cause shame and loss of power, it is a perfect solution to this matter. And once and for all. He will no longer be intimidated and threatened by Su Yang.

When the meeting was over, Cao Qiguang checked the time, it was already 1 am. He wanted to contact the person on the Hong Kong Stock Exchange to report in advance, but the person was already asleep.

No way, Cao Qiguang could only temporarily shelve this matter, and began to find a relationship, and booked a ticket to Hong Kong City tomorrow morning.

I don't know how many people and how many relationships he found. Cao Qiguang managed all this in the middle of the night in various apologies and laughter, which made him finally breathe a sigh of relief.

At 8 o'clock the next day, Cao Qiguang boarded the plane to Hong Kong City. Before boarding the plane, Cao Qiguang also instructed his henchmen to keep contacting the Hong Kong Stock Exchange to report data problems in advance.

Their response was not unpleasant.

But... they are faster, Su Yang is faster.

At 9:30, the Hong Kong stock market opened.

Xinli Education’s stock plummeted, and numerous selling began to suppress Xinli Education’s share price.

Investors who only knew yesterday's intelligence were all dumbfounded, not knowing what happened.

Then, a shocking news came out. Several major newspapers and major news media in Hong Kong City all released news about the fraudulent financial reports of Xinli Education.

In the news, there is a clear comparison of the falsification of Xinli Education’s financial reports, from industry chain data to evidence, from screenshots to photos, everything. The detailed information is comparable to the professional short-selling muddy water company in the United States.

As soon as this 18-page short-selling report was released, Xinli Education’s share price immediately collapsed, causing a huge drop.

There was a mess inside Xinli Education at this time. No one thought that the enemy would move so fast. They were still in contact with the Hong Kong Stock Exchange to deal with this matter! Completely unprepared, the opponent moved his hand first!

Director Wang wanted to start the company's residual cash to repurchase shares to boost investor confidence, but Cao Qiguang was on the plane at this time and could not authorize it.

Hong Kong stocks have no limits on the rise or fall, so Xinli Education has plunged 30% in just two hours, and it continues to fall. It even formed a very terrifying infinite decline: no transaction, continuous decline.

This shows that Xinli Education’s stocks are not being accepted at all, and they are all panicking.

At this time, Cao Qiguang was high in the sky, still breathing deeply, doing psychological construction for himself, and wanted to make himself less face-conscious during the press conference.

As a result, when he got off the plane, he connected to the airport wifi only to realize...everything had changed.

At that moment, Cao Qiguang was in a trance.

He was a little skeptical. Did you pass through? Or... the plane flew for several days?

I just got on a plane, why did my company’s stock crash?

Cao Qiguang has a certain ability. He knew that it was too late to hold a press conference, so he quickly contacted Magic City and asked Director Wang to directly issue an announcement explaining the reason, and explained that they had said to the Hong Kong Stock Exchange that there was a problem with their data. Malicious fraud.

In addition, the startup company set aside funds to start repurchasing stocks, boosting stock prices and stimulating investor confidence.

Originally these two hands can indeed reverse the situation.

But their opponents are like unforeseen prophets. They just decided, and there was a lot of information on the Internet, saying that Xinli Education now wants to deal with financial report fraud. The best way is to get the data wrong, not malicious fraud. Later, there were various analyses, almost all the things Xinli Education wanted to do and say.

Xinli Education is all dumbfounded.

What to do

If you continue to do this, isn't it true that these people have said it?

What’s more dumbfounded is that when they want to buy back stocks, they find that they can’t cover the amount of funds of the other party. The other party seems to have endless stocks in their hands, constantly suppressing the stock price, and making targeted attacks to make the stock price sustainable. In the fall.

That's all.

I don't know why, the online education sector of Hong Kong stocks and other stocks have also suffered successive declines, as if they were collapsed by Xinli Education.

Investors looked at the current situation, where there is any confidence, all began to sell.

It collapsed and collapsed, and the entire online education sector of the Hong Kong stock market was ploughed by a precise gunman.

What’s more frightening is that there seems to be an invisible big hand manipulating everything: every time there is a panic, there are always a lot of small orders. When it came to a more difficult "checkpoint", it sold vigorously and suppressed it all at once.

The offensive was like waves, one after another.

The entire online education market of hundreds of billions has dropped by 6%.

The core of Xinli Education, the most miserable among them, has fallen by 43%. And it continues to fall.

At this time, neither Cao Qiguang’s development conference nor the Hong Kong Stock Exchange’s statement could save Xinli Education.

Even the repurchase of shares by Xinli Education was exploded by the media. But the title is even more shocking: [All the cash of Xinli Education is used to repurchase stocks, and the cash flow is broken. 】

Xinli Education is like a marionette, being led step by step into the abyss.

At the end of the press conference, Cao Qiguang, who was already unable to recover, collapsed on the sofa and buried his head deeply in his hands.

The cell phone he placed on the desk vibrated and rang. It was all calls from capital, investors, and the media, but he didn't want to answer any of them.

Because he knew he was finished. In the current situation of the company, he can no longer solve the problem by taking the blame and resigning. It is very likely that he will have to compensate himself...

He knew that the culprit of all this should be the young man who he hadn't seen from the beginning to the end ~ www.readwn.com ~ Cao Qiguang's eyes lit up when he thought of this young man. He felt that he might be saved. If you can find the youth to forgive, maybe you can save yourself!

Since he can suppress himself like this, he is also likely to be able to save himself!

Thinking about this, Cao Qiguang quickly picked up his cell phone hopefully and wanted to call Su Yang.

After hanging up several investors' calls, Cao Qiguang finally dialed Su Yang's call.

At the moment the call was made, the hatred and resentment in Cao Qiguang's eyes flashed past, and his face was full of flattering smiles.

He kept hypnotizing himself in his heart: leaving the green hills without worrying about no firewood, as long as he coaxed him to forgive, survive the disaster, and plan slowly afterwards.

Don't worry, don't worry! I just feel wronged for a while...

n.

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