From Sidekick to Bigshot
CH 759
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In fact, you could count the number of people in Beijing who dared to challenge the Wei Group on a single hand.
However, to put those thoughts to action… Who could possibly do that?
Zhai Yunsheng also frowned in confusion.
Who was messing with the Wei Group?
Was this a coincidence?
And what was their purpose?
###
The next day, a report about the Wei Group’s financial fraud got reported by the news.
As Wei Qirui woke from his sleep, it was as though he got hit by a bolt from the blue.
The news about their company’s financial fraud was all over the place.
As soon as the exchange market opened, the value of the Wei Group’s stocks plummeted immediately.
In fact, after an hour of trading, the stocks got suspended by the exchange market.
In a matter of hours, the market value of the Wei Group dropped by 200 million dollars.
Wei Qirui immediately held a shareholders’ meeting to discuss countermeasures.
“Who did this?! Where the hell did this report come from?!” Wei Qirui yelled.
He was so angry that his entire body was shaking.
“It’s from a company that specializes in digging up insider information from listed companies.
The company is called Broken Waves.
Furthermore, the company has no more than ten permanent employees.
However, they have a lot of temporary employees.
The company relies on digging up and releasing information.
They make money from shorting the stocks.”
Such companies actually existed.
Previously, similar incidents had happened as well.
However, Wei Qirui never expected such a thing to happen to him.
“Is there any way to recover our losses?”
“Mr.
Wei, we can only ask our public relations team to try and help us regain our reputation.
However, if our stocks continue to fall tomorrow, there’s a risk of our company being delisted.”
“Ahhh, what the hell! This company deserves to be sliced a thousand times with a knife!” Wei Qirui cursed.
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