"Mr. Xu, this is the inquiry letter just sent to us by the securities commission." Cui Jizhong carefully handed over a document.
"Bang!" Xu Jingsong threw the document on the table impatiently without even looking at it.
"What the hell do they want to ask about? If they could get answers by making a phone call from their office, I'd want to ask too!
Let them figure it out themselves!"
Xu Jingsong certainly had a reason to be angry; they were still completely confounded. They had just issued a favorable announcement yesterday, and now the stock price crashed today...
The impact is not only insulting but also extremely damaging.
The stock market is fundamentally about confidence, and real estate stocks at sunset are prone to all sorts of negative interpretations at the slightest disturbance.
Things like funds breaking, major losses, or even rumors of the boss running away...
In their case, it would be fine if nothing was wrong, but the Xu family indeed had significant internal issues, such as the recent large investment losses from "Chang Chun Biological."
Also, the Qinling Mountains project was urgently halted, and rumors even suggested that Mr. Xu was unwell, with his illness only treatable overseas...
Even the recent significant positive news from "Xu's Automobile" was dug up by the shareholders.
They suspect the whole buying spree is actually about transferring assets...
Indeed, isn't it said that the real experts are on the stock forums?
Though not totally accurate, it's not far off...
It's foreseeable that Xu Group's already declining stock price is likely to suffer a further blow from this flash crash event.
And all this means that the hidden adversary in the shadows can buy more shares at a lower price, threatening his position...
He wasn't sure if today's flash crash was orchestrated by that mysterious adversary, but that didn't stop him from connecting the two events.
What he didn't expect was that the opponent's methods were so sophisticated.
Just when they made a slight reaction, the opponent turned around and threw a shock bomb at them.
Suppressing Xu's stock price was within his imagination.
However, to cause a company with a market value nearing billions to crash from a near limit-up in an instant—what kind of formidable funds and power are required for that?
"Could it really be that Gao Sheng's guys are stabbing me in the back?"
As Xu Jingsong was being paranoid, the phone on the table suddenly rang...
He impatiently picked up the phone, but upon seeing the caller ID, his expression changed rapidly, and he quickly stood up to answer.
"Hello, Chairman Mo? Yes... yes! As you command!"
Cui Jizhong looked at the usually arrogant Xu Jingsong, now acting so respectfully and even a bit fawning while answering a phone call, with astonishment.
"What..."
After a few minutes of conversation, from shock to ecstasy, Xu Jingsong's face went through a rollercoaster of expressions, finally settling with a statement.
"Yes, I will definitely comply. Thank you, Chairman Mo, for your support! Mr. Xu is very grateful!"
Hanging up the phone, Xu Jingsong took a deep breath, finally unable to suppress the smile on his face...
"Ha... Hahaha! It's really heaven helping me!"
Cui Jizhong finally seized the opportunity and asked in confusion.
"Mr. Xu, what could make you so happy?"
"Hehe!" Xu Jingsong's laughter gradually subsided.
"I didn't expect that we'd turn misfortune into a blessing this time. That mysterious enemy secretly buying our shares is oblivious to how high the heavens are, even offending the Qilin Club."
"Qilin Club?" Cui Jizhong was baffled, clearly having never heard of this organization.
Xu Jingsong just smiled without explaining.
Few outsiders know about the Qilin Club, but in the circle of top tycoons, it is a mysterious legend.
It's said that its members are either rich or noble, backed by political and business elites from Shanghai, with considerable power.
Even someone of Xu Jingsong's status and position only got involved with them when he became the helmsman of Xu Group a few years ago, merely entering the outer circle.
This time, the fact that the enemy angered the Qilin Club was an unexpected delight for him.
He might even turn misfortune into a blessing, using this chance to cling to Chairman Mo's leg?
"Go, prepare some favorable news to be released tomorrow, and immediately bring the five billion repurchase funds into the market!"
"Um..." Cui Jizhong didn't understand what was going on, that made Xu Jingsong so excited.
He could only remind with a wry smile.
"Mr. Xu, what good news do we have now...?"
"Foolish!" Xu Jingsong glared, "Can't you just make something up if we don't have any?"
"Huh? What if we get exposed..."
"Hehe! Don't worry, this time someone has our back. Even if it gets exposed, it would at most be a trivial punishment. Enough, just do as I say!"
"Uh... yes!"
After thinking it over, Xu Jingsong realized that this immense fortune, he was still being too cautious.
"By the way, how much can we mobilize if we urgently allocate from Daniu Ventures?"
"About... five billion?"
"Then put all five billion in, to repurchase company stocks, this time we're going to make a big fortune!"
Cui Jizhong: "???"
...
Fully puzzled, Cui Jizhong, quickly understood the confidence in Xu Jingsong's actions when the market opened the next day.
Because the stock price of Xu Group, without much pause, surged straight up at the market open, hitting the limit-up by midday closing!
Seeing the massive buy orders, Cui Jizhong knew that the few favorable news releases were merely the cherry on top...
Mr. Xu has found a strong ally!
Calculating it, just the repurchase funds invested today resulted in a bountiful profit.
Qilin Club, how terrifyingly powerful!
Yet he still underestimated the strength of this mysterious organization.
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