Rebirth of the World’s Richest Man

Chapter 3353: stock price falls

Chapter 3353 Stock price drops

“Are you almost ready for the press conference?”

"Well, I'm ready. I'll start as soon as the time comes." Zhang Tingting replied.

“Is there any advice from Hohhot?”

“Mr. Zhang communicated this before, how about I ask?” Zhang Tingting asked.

Jiang Xiaobai nodded, Zhang Weiyi came over quickly after getting the news.

"What do you mean by Hohhot? Are they going to attend the press conference tonight?"

Jiang Xiaobai asked. Zhang Weiyi shook his head: "I shouldn't participate. I had told them about the press conference that was going to be held in the evening before, but they didn't express their position."

"Yes," Jiang Xiaobai nodded with emotion: "This lack of expression is sometimes an attitude in itself."

“Yes, Hohhot has made up its mind not to participate.”

“By the way, is there any action on the Mengniu side?” Jiang Xiaobai asked again.

 Zhang Weiyi shook his head: "No, since Niu Sheng left our Yili in the morning, there has been no movement at all. It has been very quiet."

 “What about other dairy brands? Is there any movement?”

 “No, we are all waiting and watching.”

Jiang Xiaobai sighed, these brands are really able to resist. It’s this time and they haven’t made any moves yet. They are really just trying to make money and don’t care about anything.

 They can act as if nothing happened without even taking a single step of self-examination. Jiang Xiaobai doesn’t know how these people do it.

“Forget it, leave them alone. Is there any result in the report we submitted to the relevant departments?” Jiang Xiaobai asked again.

 If you want to rectify the domestic dairy industry, it is impossible to rely on Yili's strength. All Yili's actions can only be within its own scope. As for other enterprises, Yili cannot control it.

 It cannot be said that Yili checked other products to see if melamine was added.

 Zhang Weiyi still shook his head, and Jiang Xiaobai sighed inwardly. In the previous life, he responded quickly because the incident was reported to the superiors, and a large number of consumers had already had an accident. The superiors only responded. This time it happened earlier.

According to Fan Gang, these milk stations have been doing these things for more than half a year. There are no obvious problems yet, so it is normal that they have not attracted the attention of the above.

 But even if there are reasons for this, this reaction mechanism is indeed much slower.

By the time Jiang Xiaobai and Zhang Weiyi arrived at the office chatting, it was almost 7:40 pm.

Seeing Jiang Xiaobai still chatting with Zhang Weiyi, Zhang Tingting on the side could not help but remind him.

“Dr. Jiang, you haven’t eaten yet. I’ll have someone bring you some food.”

Jiang Xiaobai has been busy since he woke up in the afternoon. Jiang Xiaobai didn't even have time to eat.

Zhang Tingting brought food several times in the afternoon, but Jiang Xiaobai refused every time. There was no time at all. The food was cold and hot, and it was almost time for the press conference.

This press conference didn't last long after it started. Jiang Xiaobai hadn't eaten for so long, and Zhang Tingting was a little worried. Hearing this, Jiang Xiaobai looked at the time and then waved his hand: "The press conference will start soon, forget it, let's talk about it after the press conference, I'm too hungry now."

Zhang Tingting wanted to say more, but Fan Gang had already knocked on the door and came in, delivering the latest one-hour product recall report.

 In fact, by the time I got off work at 5 o'clock this afternoon, the pace of the recall had slowed down a lot, and many dealers had already stopped the recall work today.

However, some dealers are still continuing to recall, so Fan Gang still counts and delivers them once an hour. As long as Jiang Xiaobai doesn't say it's over, he will keep sending them.

 Yili's affairs have developed to this point and are completely out of his control. He doesn't care about it anymore. Anyway, he can do whatever Jiang Xiaobai says. All he needs to do is rely on Jiang Xiaobai.

"I know." Jiang Xiaobai glanced at the report and tucked it into a notebook. This notebook will be used for a press conference later.

“Director Jiang, there is one more thing I want to report to you.” Fan Gang hesitated and said.

"you say."

"Our stock price fell by the limit today, and it rose by 2% when it opened. But when the news spread that we stopped supplying dealers and recalled the products, the stock price immediately fell, and many people called to inquire. What exactly happened? We followed your request and truthfully omitted the information. The stock price then plummeted, and when the market opened in the afternoon, it hit the daily limit.

And by the time the market closed, the number of large orders on the market exceeded one million lots, and it is estimated that it may continue to fall to the limit tomorrow..."

Fan Gang said with an ugly face, before, with great difficulty, the stock price rose steadily from fifteen yuan to twenty yuan. As a result, today, only eighteen yuan is left, and it will continue tomorrow. If it falls, it will probably be much closer to 16.

 Wait until the day after tomorrow.

If the limit falls like this, the stock price will return to fifteen yuan in three days. The stock price that took a long time to rise will return to before liberation overnight.

 In one day, Yili lost billions on the market. This is the market.

 Jiang Xiaobai's expression did not change when he heard this. This is normal. If something like this happened to Yili, it would be strange if the stock price did not fall.

“It’s okay, I will have countermeasures at tonight’s press conference. Besides, if the stock price falls, it will fall. When the storm passes, the stock price will return to the corresponding position.

Our major shareholders will not reduce their holdings in the stock market, and our current companies do not need to raise funds for additional issuances in the stock market. If the stock price falls, let it fall. The decline is also temporary. "

Jiang Xiaobai comforted him, but Fan Gang's expression didn't get much better. If the temporary decline or correction was okay, he was afraid that the stock price would plummet all the way and never come back.

 Situations like this are common in the market. There are many.

But now that Jiang Xiaobai said so, things have become like this, and he also understands in his heart that Jian has to give out in the election.

Even now it was too late for Jiang Xiaobai to stop.

 What's more, a drop in stock prices will not stop Jiang Xiaobai.

“Okay, it’s almost time, let’s go to the press conference.” Jiang Xiaobai looked at the time, stood up, straightened his clothes, and strode towards the outside of the conference room.

The look on his face was extremely solemn, but the steps under his feet were equally firm. Not a trace of hesitation or flinching.

 (End of this chapter)

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