YM778.TV Chapter 566 - It Has Already Rose to the Limit
The rich fragrance of tea filled the office. Zhao Mo and the other three were sitting lazily on the sofa, chatting and laughing happily.
In front of the four of them was a 60-inch television.
It was Zhao Mo who had called someone to move it over from the conference room.
Although this kind of press conference would not typically be broadcasted live on any official platform, now that this matter had reached peak popularity, it was easy to find it online.
He could open any live-stream platform and flip to the finance section to catch it, and could also find many streamers live-streaming the press conference.
“I can’t wait any longer. Why hasn’t the press conference started yet?” Lu Xuan asked.
“As the old saying goes, a good meal is not afraid of being late. It will start in ten minutes. Just wait.”
Zhao Mo crossed his legs and held a cigarette in his hand, looking carefree.
“What do you guys think Lin Yi will do when he goes on stage later?” Sun Ce said.
“I’m guessing that they’ll cry and apologize.” Gu Changchuan said.
“Now that the evidence is conclusive, he has no room to fight back.”
“I agree with Boss Gu. This is his only way out.” Zhao Mo said.
“The evidence is right in front of us. It’s not appropriate for him to say anything. He can only admit it openly. Otherwise, it will only make things worse.”
“I just calculated that when Feng Zhu’s second wave of revelations is released, Didi’s shares will fall to at least 20% of their original value. By then, we can take the opportunity to launch a new taxi app. This will be the straw that breaks the camel’s back,” Sun Ce said.
“I have a feeling that I can earn at least 80 to 90 billion in this short-selling battle. This will be an outstanding achievement.”
“Old Sun is right.” Lu Xuan said.
“Brother Zhao, I feel that your actions are not inferior to Soros’. When news gets out, it will definitely shock the entire financial industry!”
“I don’t think there’s a need for that. The entire financial industry has already acknowledged his strength.” Gu Changchuan said.
“Huayin Group’s share price has been rising. This is the best evidence for this.”
“This is just a small battle. Don’t mock me.” Zhao Mo laughed and said.
“However, this time, we can indeed make a huge profit. I’ve already thought about it. After we’re done, I’ll give each of you a Gulfstream G650.”
“F*ck, you can’t be serious. You must be p*ssing money,” Lu Xuan said.
“That thing cost more than 60 million USD each. Since Brother Zhao said this, I won’t stand on ceremony with you.”
“It’s all bought with Lin Yi’s money anyway. There’s no need to be polite.”
“Haha, then I’ll wait for your gift.”
“Alright, alright. Keep your voice down. The press conference is about to begin.” Sun Ce reminded.
“I can’t miss any details of such an interesting event.”
The four of them had different postures. They swayed and looked at the live broadcast of the press conference with mocking expressions.
“Nice girl.”
Seeing Tian Yan go on stage, Lu Xuan commented, “I like this kind of plump wife.”
“Wife my *ss.” Sun Ce smiled and said,
“This woman’s name is Tian Yan, and she’s the senior vice president of Didi. She’s very capable and not married yet, while her curvy but not fat figure is really amazing.”
“Look at you two. After I kill Didi, I’ll help you bring this woman over.”
“F*ck, let’s stop chatting. Look at the person below the stage. Is that Feng Zhu?”
Hearing Gu Changchuan’s words, the three of them were shocked.
He could clearly see Feng Zhu at the press conference!
He was the mastermind behind this short-selling war. There should have been no reason for him to appear at Lingyun Group’s press conference!
The four of them looked at each other in surprise and fear.
Although it was a little unclear, there was no doubt that the person standing below the stage was Feng Zhu!
“Don’t worry, I’ll call him and ask what’s going on.”
Zhao Mo took out his phone and dialed Feng Zhu’s number, but it was turned off. He couldn’t get through at all.
In reality, this was within Feng Zhu’s expectations. He had long turned off his phone.
“Don’t call him yet. He’s about to go on stage,” Sun Ce said.
“F*ck, why is he going on stage?!” Lu Xuan cursed.
There had to be a reason for this abnormality. Feng Zhu’s appearance at Lingyun Group’s press conference at this time was too unexpected!
The press conference continued, and Feng Zhu’s speech began.
“First of all, I want to express my sincerest apologies to the president of Lingyun Group and the actual owner of Didi, Mr. Lin Yi…”
A few minutes later, Zhao Mo and the others finished listening to Feng Zhu’s speech.
There was dead silence in the office. The four of them were dumbfounded.
They never dreamed that Feng Zhu would betray them at this time!
“How could this be? We were having dinner together yesterday, saying that we were going to destroy Lin Yi, and now he’s on their side. What the hell is he doing?!” Lu Xuan said.
“Damn it, what is Muddy Waters doing?!” Zhao Mo held his phone. “I’ll call their company now!”
Even though it was ten o’clock at night in the United States, Zhao Mo’s call was still answered.
“Mr. Carson, I want to know what’s going on. We’ve already agreed on the terms. Why are you betraying us?”
Zhao Mo could guess that Feng Zhu’s actions were not of his own volition. It was very likely a decision made by the higher-ups of the company!
“I’m sorry, Mr. Zhao. This is a confidential matter. I can’t tell you the reason.”
“Confidential?!” Zhao Mo flew into a rage. “Do you know how much your little game has ruined? You think you can settle things with just the mention of confidentiality?”
“I’m really sorry. This is an internal matter of our company. I’m deeply sorry for the damage I’ve caused you,” Carson said.
“Moreover, during our investigation, we really didn’t find anything. The news was all fake. We didn’t want to go against God’s will, so we told the truth. Please forgive us.”
With that, Carson hung up, not giving Zhao Mo a chance to speak.
“F*ck!”
Zhao Mo kicked over the coffee table. His blood had already rushed to his head!
“Alright, now is not the time to talk about this.” Gu Changchuan said calmly.
“Hurry up and inform the people in your respective companies to buy all the shares of the individual investors on the market. This way, we can still earn money!”
The four of them knew what the current situation meant.
Muddy Waters’ betrayal would cause Didi’s shares to soar.
Therefore, he had to buy back all the previously sold shares and return them to the brokerage before the share price rose to the original figure.
Once Didi’s share price rose to its original level, it would have to be bought back at a higher price.
If this happened, the losses would be innumerable!
Creak…
The office door was pushed open and Fu Zhengyi ran back, sweating profusely.
“Director Zhao, bad news. Didi’s shares have already risen to the limit!”