Through Thick and Thin

When the annual leave was coming to an end, Lu Chuiqing set off for S city where she worked.During this holiday, he was often greeted by seven aunts and eight aunts, all of whom asked him how his work was and when he would find a partner.

Lu Chuiqing had just worked for a few months, so she must have no money to buy a house. After contacting several former brothers and sisters, she managed to rent a house with others at a reasonable price not far from the subway station.

The one he shared with him was a third-year student studying in a nearby university town, named Guan Xiaoluo, who was a male Omega like Lu Chuiqing, with a very warm and cheerful personality.

At the beginning, Lu Chuiqing was also curious about why the other party came out to rent together. After all, the cost of renting together is not low for a college student.Guan Xiaoluo seemed to see Lu Chuiqing's curiosity, and told him about his situation generously.

Guan Xiaoluo's parents divorced when he was in junior high school, and he has been living with his father.His father had a job in a state-owned enterprise, and the conditions were not bad. Later, he formed a new family and had children, so the attention he paid to him was not as good as before.

Perhaps it was because he really felt ashamed, and his stepmother’s financial conditions were relatively good. After Guan Xiaoluo went to college, his father and his stepmother had always been very generous to him materially. His monthly living expenses were more than enough. Saved a lot.

It happened that Guan Xiaoluo didn't have a good relationship with his roommate, and he had enough money to rent a house, so he moved out of the school dormitory.

Guan Xiaoluo's living habits are very good, he doesn't smoke or drink, he loves to be clean, and he never makes noise during rest time, Lu Chuiqing readily accepts this roommate.

After Lu Chuiqing returned to S City, Zhou Ruiyang, who was working in a neighboring city, asked him out for dinner, and his girlfriend Liu Yuanyuan, who worked in a trading company in the same city, came with him.

It stands to reason that after so many years, Lu Chuiqing and Liu Yuanyuan should be quite familiar, but Liu Yuanyuan still feels a little uncomfortable that Zhou Ruiyang and Lu Chuiqing's relationship is too good. When Lu Chuiqing falls in love, when will she be at ease.

During the dinner, Lu Chuiqing and Zhou Ruiyang talked about the recent market again. Lu Chuiqing suddenly remembered something, and hurriedly said to Zhou Ruiyang: "Ruiyang, have you sold the stocks of your uncle Qifu Food?"

"No, I've been holding it all the time." Zhou Ruiyang replied, "I told him that my friends who are in the fund are not optimistic, but he didn't believe it either. He just believed in those messy stock bloggers on the Internet... What's wrong? Why do you want to ask this all of a sudden? "

Lu Chuiqing clearly remembered that Value Scan released the short-selling report of Qifu Foods in the first two days after the opening of the market after the year. The stock market will officially open next Monday, and it will be too late if the stock is not sold.

"Tell your uncle to sell it quickly." Lu Chuiqing persuaded, "This stock is really just speculation, and the real value may not be half of it. Believe me, the stock price will plummet soon."

"Really?" Zhou Ruiyang was a little surprised to hear Lu Chuiqing's serious tone, and said in a low voice, "Tell me honestly, do you have any inside information?"

"I don't have any inside information..." Lu Chuiqing said with a guilty conscience, "I'm just a small researcher, and it's really not my turn to know."

Zhou Ruiyang narrowed his eyes and stared at him for a while, and finally said: "Okay, I believe your eyes."

After dinner, it was not easy for Lu Chuiqing to stay here any longer. He had long seen that Liu Yuanyuan wanted to be alone with Zhou Ruiyang and didn't want him as a light bulb, so he could only bid farewell sensibly.

It is still during the university vacation, Lu Chuiqing's roommate has not come back yet, and he is the only one at home.

The company will start work soon, this weekend, Lu Chuiqing made some planning preparations in advance.Most of their team are newcomers, and the main research direction this year is relatively uncomplicated industries. Even so, Lu Chuiqing still has to do research as early as possible and get started as soon as possible.

Next Monday, Zhongming Fund will officially start work, and Fang Jiaming, who has always been generous, has given employees a lot of start-up benefits.There were not many things to do on the first day of work. After the morning meeting, everyone in the office happily chatted about the annual leave while waiting for the stock market to open.

The market has always performed well after the Spring Festival. Sitting at her desk, Lu Chuiqing opened the K-line of Qifu Foods, staring nervously at its real-time price and trading volume.

Until 10:30 in the morning, the stock price of Qifu Foods performed normally, with a slight increase, and no major announcement was made.

Lu Chuiqing also doesn't remember whether the short-selling report of Value Scan was issued today or tomorrow. He still has a few companies he is in charge of to study, and he can't keep staring at Qifu Foods. When the K line was turned off, Song Wenxin, who was at the next station, let out a shocked cry.

Song Wenxin turned pale with shock: "Value Scan just released the short-selling report of Qifu Foods! Everyone, take a look!"

Although the retail industry is not the company's investment focus, Qifu Foods is a white horse stock that the market is optimistic about. Once the white horse stock fluctuates, it may form a weather vane.

The entire office exploded, and they opened the information center to see the report just released by Value Scan.

The short-selling report pointed out that Qifu Foods has exaggerated its operating income in its financial reports for two consecutive years, especially the export income of certain dried fruit products.Value Scan cited customs data, revealing that the export volume of Seven Fook Food Group’s products was far lower than it claimed, and the sales volume was falsely reported by as much as 40.00%!

In addition, Qifu Foods underreported a large number of labor costs including wages and pensions. When these data are summarized, Qifu Foods’ financial report last year falsely reported income by 40.00%[-]!

What is even more shocking is that a child’s goat milk biscuit product of Qifu Foods claims in domestic advertisements that lactose-intolerant children can eat it, but it clearly states that lactose-intolerant children are on the official website for export. Children should not eat this biscuit.

Moreover, according to the results of the authoritative food testing agency cited by the value scan, the lactose in the goat milk biscuits does not come from goat milk but from cow milk, which has a huge tendency to mislead consumers and make false propaganda.

The whole report is full of heart-wrenching words and every sentence seals the throat.

Lu Chuiqing looked frightened and clicked her tongue again and again.He immediately opened the real-time trend of Qifu Foods. Sure enough, in less than 10 minutes after the release of the report, Qifu Foods began to drop by one word after experiencing a small shock.

One stone caused a thousand waves, and the short-selling report of the value scan dropped a bomb on the entire market.Not to mention that the investment companies that heavily held Qifu Food were all stunned, and a large number of retail investors and speculators were also panicked, watching Qifu Food's stock price jump off the cliff.

In less than 10 minutes, Qifu Foods’ stock price fell by the limit, and its market value has evaporated by more than 10 billion yuan.Yet Value Scan's price target in its report is less than half of its current share price.

Song Wenxin said to Lu Chuiqing with a face full of surprise: "You really hit the spot!"

At [-]:[-] in the morning, Qifu Food urgently issued a public relations announcement, denying the allegations in the short-selling report of Value Scan, but did not make any specific explanations, but only suspected and condemned Value Scan’s deliberate laundering of funds.

However, Qifu Food's statement did not cause any waves in the turbulent market and a large number of sell orders. The main players in the market sold their hands one after another, and the stock price was sealed at the limit board.

In a commercial office building in City S, Xiao Zhan was playing billiards in his office.

His office is decorated simply, with elegant cold-toned light gray corrugated wall decoration against the milky white marble floor, an abstract polka-dot art painting hanging beside the light yellow wooden bookcase with a bit of classic charm, and beside the reception sofa It is an irregular rosewood tea table with a complete set of tea sets neatly placed on it.

Yuan Ning was sitting on the sofa, with a laptop on the coffee table in front of him.Looking at the pending orders and trading volume on the screen, he couldn't help sighing: "The market reaction is bigger than we expected."

Xiao Zhan didn't speak, he leaned close to the pool table, when the cue touched, the white ball hit the black No. [-] ball, the black No. [-] ball knocked lightly on the edge of the table, and rolled all the way into the ball pocket at the opposite corner. There was a muffled sound.

Throughout the morning, all the financial news and securities information were reporting on this matter. The two companies, Seven Fook Foods and Value Scan, were pushed to the forefront in their own different ways.

During the lunch break at noon, Lu Chuiqing carefully studied the short-selling report of Value Scan, and sighed again in his heart. This is not only something that can only be written by a team with rich experience and excellent vision who is well versed in the capital circle. What is more needed is a long-term investigation and big waves washing the sand in every detail.

Before the meal was finished, Lu Chuiqing received a call from Zhou Ruiyang.

"Dude, you're amazing!" As soon as Lu Chuiqing answered the call, Zhou Ruiyang exclaimed in shock and admiration, "Seven Fortune Foods has really dropped the limit!"

Lu Chuiqing is really worthy of this praise. He wondered if he knew in advance that he might be one of the trapped retail investors: "Has your uncle left?"

"No, there's no time, he was still happy when the opening price just rose a little!" Zhou Ruiyang sighed, "My aunt is almost pissed off, scolding him in front of the whole group, my uncle can't speak in hiding dare not say."

Lu Chuiqing can only express her sympathy and regret. In front of the big dealers, small stockholders are indeed like this. The main players are all hanging there to fight each other.

The same is true for fund companies. Zhongming Fund is not bad. After all, with the relationship between Fang Jiaming and Xiao Zhan, it is impossible for him to know nothing about it.

Other fund companies did not have such luck, and the fund managers who held a heavy position in Qifu Food might want to jump off the building.

To put it bluntly, stocks like Qifu Foods are not value investments at all, and no one knows how a food stock soared so quickly.However, for short-term gains, many researchers and fund managers are still willing to take risks. Whether they are targeting value or speculation is the pressure on buy-side researchers like Lu Chuiqing and the like.

However, all walks of life are under pressure, what Lu Chuiqing has to do is to keep his feet on the ground.

On the second day and the third day, with the supplementary reports and investigation evidence released one after another by Value Scan, the stock price of Qifu Foods fell by the limit for three consecutive days. points.

However, the short-lived red line was only a flash in the pan, and the market continued to be negative for Qifu Foods, and soon the stock price fell by the limit again.In the afternoon, Qifu Foods, finally unable to withstand the pressure, admitted that the product information label was wrong, but still tried its best to deny the false revenue report.At the same time, the group announced the suspension of trading for rectification. So far, its market value has evaporated by more than 23 billion.

A short selling report is worth 23 billion in the market.

For a whole week, the financial circles in City S were discussing Value Scan and its founder Xiao Zhan, and everyone was guessing how much money he made from this short selling operation.

Compared with the disastrous situation of some fund companies, Zhongming Fund retreated unscathed in this troubled water, and instead absorbed a lot of new business.

Now is the time for fund managers to pay attention to new stocks. Whether the stocks recommended by researchers can enter the manager's fund pool and whether the stocks perform well are crucial to the evaluation and performance of researchers.Lu Chuiqing carefully sorted out the research reports of the companies he followed in the first week and handed them over to the manager.

However, what he didn't expect was that somehow, by coincidence, his report got into the hands of Xiao Zhan, who had nothing to do with him.