I earn really hard money

Chapter 231 "Relieved"

Fuse, similar to circuit fuses, once the current is abnormal, the fuse will automatically blow to prevent damage to electrical appliances, and is now widely used in many fields.

"How long will it take?"

He Xia saw a warning reminder appear on the interface.

"If you don't return to the specified fluctuation range within 15 seconds, trading will be suspended for 10 minutes. Looking at the current situation, it will definitely be suspended for 10 minutes!"

Zhou Shiliu spread his hands and said, judging from the handicap, there is no power that can reverse the situation in a short period of time.

The 15 seconds passed quickly, and nothing miraculous happened.

Less than a minute after Sky Art's stock trading meltdown, Pengcheng and Bai Zongwei were woken up again by their mobile phones.

First there is a special notification tone, followed by an incoming call ringtone!

"Don't let people sleep?"

The chairman's wife was very dissatisfied. The quality of sleep during menopause was very average, but within a few minutes of falling asleep, the trouble broke out again, which was extremely annoying!

Bai Zongwei frowned and said, "Of course I only call when I have something to do. You can sleep as long as you can. If you can't sleep in another bedroom, don't worry about it!"

After all, he got up with his mobile phone and walked to the window to answer the call.

"Old Bai, the situation is not quite right. You can see that, just over half an hour after the opening of the market, our stock has dropped by [-] or [-] points. What's going on?"

Director Wu, another board member, asked nervously.

Director Wu is one of the major shareholders of the company. He holds [-]% of the shares of Sky Arts. He is very concerned about the stock price. He does not seek to rise if there is no benefit, but at least it cannot plummet!

The stock price fell from US$7.13 to US$5.97, with a loss of US$1.16 per share. The 600 million shares shrank by nearly US$700 million, which is almost half a billion Chinese coins. This is all wasted money!
Otherwise, assets and funds are two different things...

In less than a quarter of an hour, the assets have shrunk by tens of millions of Celestial Coins. It will take a lot of time to burn 5000 million in cash!
"What sixteen or seventeen dots? Isn't it only five dots?"

Bai Zongwei was taken aback. He was woken up by the ringing of the phone. He hadn't heard the special notification tone before, and the memory in his brain was still at the time when he fell by more than five points.

"Five points? That's what happened before. If it's really five points, why am I so anxious, you should take a look..."

After finishing speaking, Director Wu hung up the phone so as not to delay Bai Zongwei from looking at the stocks.

Bai Zongwei opened the software and took a look. It is not difficult to find that there was another warning notification just now, informing the stock price of changes.

"This, how is this..."

Without hesitation, Bai Zongwei immediately searched the address book, found the number of the company's financial advisor and immediately dialed it.

"Maswick, hurry up and see what's wrong with Sky Arts..."

Bai Zongwei speaks fluent English.

Maxwick works for Dawn Finance on Wall Street in the beautiful country. Dawn Finance is an organization that provides financial service support, mainly serving those listed companies that are not large in size and do not have their own related departments.

At this moment, Maxwick's computer screen is displaying relevant information about Sky Arts.

"Mr. Bai, it turns out that you didn't sleep. I wanted to call you a few minutes ago."

Maxwick let out a regretful sigh.

"What's wrong?"

Bai Zongwei was anxious, it seemed that there was something wrong with the previous prompt.

"According to the analysis of the situation I have seen, there is currently an institution that is shorting the stock of Sky Arts. In addition, several media outlets simultaneously, uh, released some information about your company's falsified data..."

"Data falsification? How is it possible!"

After hearing Maxwick's words, Bai Zongwei immediately denied it. He couldn't believe that his company's stock was targeted by short-sellers.

When did the appetite of short-sellers become so small, and small companies with a market value of less than one billion are worth shorting?

Are you crazy...

Just outrageous!
"That's the truth, Mr. Bai. The report clearly points out that Sky Arts has falsified data in terms of the number of on-demand TV series and the conversion of advertisements. Condition!"

After listening to McQuay's words, Bai Zongwei was silent.

He didn't see the news related to the investigation report with his own eyes, but he knew very well whether the data was fake!

Take the aspect of online TV dramas as an example. Among the data of clicks, on-demand and completed broadcasts, the most valuable data is undoubtedly the completed broadcasts. Not only spend money on demand, but also watch them, which can truly reflect the quality and quality of the series. income.

The second is the on-demand volume, which is generally the number of times played by members, and non-members are not counted.

As for the number of clicks, it is the worst. Clicks from different IP addresses count, even if the IP is the same, the calculation will be repeated after a period of time.

The published data are generally on-demand data, but Sky Art has done some tricks in this regard, counting all members' clicks into the on-demand volume, so that the data is very good-looking.

This kind of situation is very common in the industry, and no one thinks there is any problem. Your family does it the same way, and my family does it the same way. There is not a single clean fish in the muddy water.

I never thought that I would be caught in the pigtails in this regard.

As for other aspects of data falsification, there are more or less data exaggeration, which is basically certain, but the language expression is different, and the problem will not be seen by the general public.

It's a pity that in the eyes of professionals, it has become a rat hole to pry the city wall!
Sky Arts can use language art to turn falsehoods into truths, and professional writers can use the same method to magnify despicable behaviors so that people can see them more clearly!

"McQuay, forget about the report, what should we do now?"

What Bai Zongwei is most worried about is the stock price. If the stock price plummets and fails to recover, the company will not go bankrupt, and their shareholders will be miserable!

"Hold on……"

McQuay tapped his fingers on the keyboard frantically, and said after a long while: "Before the circuit breaker, there was an institution that tested the short seller's intentions, but finally chose to give up. At present, no institution has taken action to fight against this short seller!"

"This short-selling institution is sophisticated. After the report was issued and before the market fermented, it bought a large number of short orders, which is difficult to deal with..."

"Mr. Bai, there are a few things you need to do now. First of all, arrange for the public relations department to fight back immediately. You know better than me how to do it..."

"Second, if there are no long-term institutions entering the market after the circuit breaker ends, and you want to save the stock price, you must prepare funds, otherwise the result may be ugly... Announce the news as soon as possible, this is the most powerful measure!"

Credibility, this is the most important factor, from the national level to the individual, it is very important!

Once there are fake news about a listed company, it will inevitably damage the reputation of the listed company, which will cause investors' distrust. The top priority is to restore the reputation. As long as enough confidence can be established, everything will be fine!

Without saying a word, Bai Zongwei hung up the phone directly, and then made a call to the secretary's mobile phone.

He didn't know why this happened, but it had already happened, and he had to face it positively, otherwise, as McQuay said, the result might be ugly!

While Sky Art responded positively, the Grizzlies were not idle either!

Siegfried collected the information collected by the informant from Sky Art, and at the same time led his staff to find a well-known writer in the industry. One after another, the manuscripts exposing, criticizing, and attacking appeared on the Internet, followed by the Internet trolls. Flock to give sharp reviews!

In terms of the basic pattern, it is very similar to the incident where Jiao Tianming attacked Xia Wenyu and He Xia from the Internet, but this time the target has changed!

Originally, many people didn't know Sky Art, a small company, but they got to know it through this not-so-pretty way.

All of a sudden, relevant information about Sky Art appeared on the desks of many heads of institutions.

Large investment banks are in charge of tens of billions of funds, and small ones are in circulation of billions of funds. When they saw the size of Sky Art, they all shook their heads and threw the report into the shredder.

Fighting between children is nothing more than grabbing lollipops. A lollipop is not very big, and the pieces of broken candy are even smaller. Adults have no interest in intervening...

The lollipop, which is not worth mentioning in the eyes of the capital tycoons, is most of the net worth to Bai Zongwei!
Subordinates are responsible for publishing news to counterattack, and the counterattack of the capital market requires the company's shareholders to prepare ammunition.

In case no institution enters the market after the circuit breaker is over, coupled with the panic in the market, the unilateral decline is very scary, and you must be fully prepared!
Within a few minutes, Bai Zongwei contacted several major shareholders of the company. Under the soft and hard conditions, everyone worked together to contribute 5000 million US dollars, which was bound to stabilize Sky Art's stock price!

Of the 5000 million, Bai Zongwei alone accounted for 2000 million, and the remaining 3000 million was shared by six board members.

This is real money, not illusory assets, and it is very stressful for several shareholders.

It takes money to stabilize the stock price. In order to save more money, if you don’t make a move, you can only pin your hopes on the illusory bull institutions. If no institution enters the market, the stock price is likely to plummet. At that time, there is no hope of saving it. up.

Of course, it may not be stable, not only the stock price plummeted, but also took tens of millions...

Shareholders are very aware of this point. On the surface, the money is taken, but whether to invest in it or not is another matter!
On Tangcheng's side, He Xia listened to the phone seriously.

Siegfried said: "Mr. He, there are still 5 minutes before Sky Arts will reopen for trading. I remember that your ultimate goal is to acquire Sky Arts, right?"

He Xia nodded and said, "I have this idea!"

"Then I have a very important suggestion, you should consider it carefully." Siegfried said solemnly: "After the opening of the trading, there will definitely be a wave of selling in the market, and you will accept it all!"

"Let me sort it out..." He Xia raised his forehead and said: "If others sell, the stock price will fall, and my short order will make a profit. If I accept all the orders, that is, buy long orders, it will stabilize the stock price. Is that so?"

"That's right! You can buy as many sell orders as there are in the market. This is the most critical step in your acquisition!"

Siegfried said.

He Xia was a little puzzled, and said, "I know I want to buy it, but the price is too high now, isn't it?"

Today's stock price is still around 50.00 dollars, buying more than [-]% of the stock, the value is as high as [-] million!
(It is very complicated to buy stocks from the secondary market, involving a series of laws and regulations, and there are differences at home and abroad, so I won’t go into details.)
Siegfried was anxious, and the trading would be reopened in 4 minutes. Now there is not enough time to explain, he said: "Mr. He, after the news is announced, retail investors are usually the first to sell stocks!"

"Of course, some prudent institutions will also flee. I believe Sky Art's shareholders can also think of this. In order to stabilize the stock price, they will most likely prepare funds to take over the offer. If you don't buy, the bargaining chips will go to them. When the time comes, they want to buy No chance!"

"Whether it is for short selling or later acquisition, you need to have stocks in your hands, which is very critical!"

There is another sentence that Siegfried did not say, if the bargaining chip is really enough to make the acquisition successful, why not worry about the stock price not rising!
He Xia raised his brows, he really didn't think about it, nodded and said: "Okay, I understand! By the way, will there be another short-selling agency coming in?"

"It doesn't matter if there are short sellers entering the market, it's exactly what we need, it's like helping us, if not, it doesn't matter, just buy the chips on the market!"

Siegfried said very sophisticatedly.

"That's it..."

After hanging up the phone, He Xia told Zhou Shiliu the content of the call.

"The calculation is very comprehensive, Siegfried is too insidious..."

Zhou Shiliu's words were not good, but his face was full of admiration.

"Whether it's insidious or not depends on who you serve for, haha, hurry up, hurry up, you have one account and I have one account, buy together, yes, you can also use your own account to buy..."

He Xia was ready and waited for Sky Art to resume trading.

At the same time as the report was released, they were aggressively short-selling. The market just saw the relevant report, and the stock here has been blown up. Everyone knows that this is an organization targeting Sky Arts!
It's a pity that even if you know it, you can't do anything, because this method itself is not illegal, but it is also helping laws and regulations to maintain the market in disguise...

The shares of Sky Art are mainly distributed in the hands of several large shareholders, two financial institutions, and some retail investors, but the total is only 30.00%.

After the 10-minute circuit breaker time passed, Tianyi opened the trading again that day, and immediately saw the pillars representing the trading volume rising from the ground.

Exactly as Siegfried expected, the selling orders flew to the market like snowflakes!

However, there was no stock price collapse!

"An organization has made a move!"

The corners of Zhou Shiliu's eyes trembled slightly, and he said seriously.

"Maybe the shareholders of Sky Arts!"

He Xia said, it doesn't matter who the opponent is if he doesn't stop, he wants to buy anyway.

I kept placing and canceling orders and placing orders again, and snapped up retail sell orders with the other side, and the stock price miraculously stabilized at a little bit around $[-].

No other short-selling institutions appeared as He Xia thought, perhaps out of prudence, they did not enter the market rashly.

Tian Ziqiong was sitting on the window sill, her legs were dangling in the air, and she could still feel a tense atmosphere across the table seven or eight meters away.

Both He Xia and Zhou Shiliu stared at the screen seriously with their mouths pursed, typing numbers with their left hand and tapping with their right hand.

Although I don't quite understand what the two of them are busy with, but I can be sure that it is a business worth tens of millions...

Compared with the tense atmosphere here, the shareholders of Sky Art are more relaxed.

Bai Zongwei had already sat in the study and started the video conference. Several shareholders appeared on the screen, almost all in pajamas, and some of them were sitting with assistants or secretaries.

"Fortunately, an organization has made a move!"

Seeing a large number of purchase orders and a stable valuation, the shareholders secretly breathed a sigh of relief.

(End of this chapter)