Chapter 125 Collapse



The author has something to say

Please read the end of Chapter 120 before reading this chapter. If you understand it, you can simply search it. It is convenient not to explain it in too much detail here.

"Drinking tea" was a modified expression. Qi Xingchen was stunned for a moment, then he realized that Mr. Qi should have been summoned to the China Securities Regulatory Commission to cooperate with the investigation.

As the chairman of a listed company, there is a risk of being called in for questioning. If it was just because of this, Qi Yuji would be so panicked.

Things must be more serious than we thought.

When asked what happened on the phone, Qi Xingchen comforted his sister and quickly asked for leave from Director Zheng. The exposure of the small account brought a wave of popularity to "Red ęż‚". Director Zheng was very happy and promised immediately: "You can go as you like and come back within half a month. I will shoot the supporting role and the heroine's scenes first.

But what he said came true, and Qi Xingchen really left for half a month.

There was an emergency at home, so I came to get something and hurried to the airport. It was almost dawn when I got home. The huge living room was empty except for Qi Yuji, who was curled up in a corner of the sofa with a shawl on. With eyes closed and eyebrows tightly knitted together, she couldn't sleep peacefully.

Qi Xingchen took off his coat and gently put it on his sister. Just as I took out my cell phone to call my eldest brother, a cold hand grabbed my arm.

Xingxing, you're back, why didn't you call me sister?

Qi Xingchen held her hand with his backhand, "I just arrived, have you been waiting here all night?

"Well," Qi Yuji sat up and tidied his messy hair, "you and brother come back, I'll sleep.

Big brother… Xingchen frowned, "Big brother was also called away?

No, I went to ask about my dad's news. Actually, it was because big brother hasn't responded yet that I tried to get you back.

Qi Yuji had some exposure to the company's business, but he didn't understand the upper-level stuff. With the two pillars of the family around her, she only called her younger brother back to feel like she had no backbone.

Seeing that his sister looked better, Qi Xingchen patted her on the back, stood up and took a cup of hot water, "So, I'm also a member of the Qi family, tell me about dad's situation.

Qi Yuji took the water and held it in his hand. "A few years ago, some investors and the China Securities Regulatory Commission reported that Qi's company was maliciously long and short and released false information. After hearing the news, my family immediately prepared materials to deal with the investigation. But when the people from the China Securities Regulatory Commission came, they didn't check at all and took my father away directly. Besides, there were also law enforcement officers from the Ministry of Public Security who came with them.

Public Security Department

Has the case been filed?

Short selling refers to the behavior of stock holders selling their current stocks in anticipation of a future market decline, and then buying them back after the market drops in order to earn a profit from the price difference. Malicious short selling generally refers to manipulating the market by fabricating and spreading false information to expand bearish expectations.

The only difference between short selling and malicious short selling is the word "malicious". Whether it constitutes malicious short selling requires judging the purpose of the short seller.

But how do we judge the purpose of short sellers? We can judge it when there is evidence of fabricated news. When all evidence is found, we only need to look at the thoughts of the investigators.

Qi Xingchen asked again: "What time was Dad taken away?

"It was five o'clock last night, just before getting off work." Nearly two hours have passed since then.

The interrogation was just a formality and he was released after an hour or two: Mr. Qi was detained for a whole night. It was obvious that the other party believed that Qi was suspected of malicious short selling.

Qi Xingchen's heart immediately tightened - Mr. Qi was very old, and he had suffered from severe neurasthenia since the fire. He always had trouble sleeping at night, let alone in the cold inquiry room.

No wonder Qi Yunxiao went out to get information at night.

With Qi Yunxiao's ability, it would be no problem to find out the situation at the Securities Regulatory Commission. Qi Xingchen helped Qi Yuji up and said, "Sister, go back to your room and sleep for a while. I will contact the Public Security Bureau to find out the current situation.

Qi Yuji shook his head: "I will sleep when Dad comes back.

If Dad is fine, I'll make you sick.

It doesn’t matter,” Qi Yuji walked aside, “You contact the Public Security Bureau, I will try to contact my friend at the Shenzhen Stock Exchange.

In this case, Qi Xingchen forced her to rest, and they both made phone calls separately. However, what was strange was that Director Jiang, who always answered the phone immediately, was unable to connect his phone.

I dialed several times, but still couldn't get through.

But it’s too early to go to bed, Qi Xingchen rubbed his temples.

Like Qi Xingchen, Qi Yuji's phone was also turned off. Without asking any questions, the two of them just sat back on the sofa, anxiously waiting for news from their eldest brother.

At 12 o'clock in the morning, Qi Yunxiao finally came back. Qi Xingchen and Qi Yuji looked behind them

There is no sign of Mr. Qi

Brother," Qi Xingchen's heart sank suddenly, "Dad is still in prison?

Xingxing, why are you back? "Qi Yunxiao looked a little tired," Was it Yu Ji who asked you to come back?

Luckily my sister told me: "How else would I know...: What's going on with Dad?"

It's hard to put it into words. Qi Yunxiao took off his suit, took a deep breath and said, "I said I wanted to go in and see my dad. But the staff in charge of contacting me kept finding all kinds of reasons to let me in. I wanted to ask what was going on, but the other party kept making excuses. I didn't see my dad until I came back.

As the industry leader and the largest enterprise in H Province, the Qi Group provides a lot of manpower and material resources for the construction of H Province every year, and also donates money to build several schools. The current airport, square, etc. in H City have buildings named after Qi. It can be said that over the years, the Qi family has maintained a good relationship with various local agencies. If there is any need for help, as long as there is no violation of laws and disciplines, the agencies are willing to lend a hand.

But now, even wanting to take a look at Mr. Qi is difficult: It's really weird and hard to describe.

Qi Yuji's face turned pale. Qi Xingchen thought for a moment and then stood up suddenly.

Seeing what she was doing, Qi Yuji asked, "Xingxing, where are you going?!

There is something wrong with this matter: I'll go to the police station.

놛I'm going to ask the director uncle, and find Xu Changlin as soon as possible. The two events happened very close in time, so they must be related.

Qi Yunxiao said, “Don’t go out yet.

Qi Xingchen paused.

The photo of Dad being taken away has been leaked, and since last night, some people have been hyping up the news that the Qi Group is being investigated in the media and public platforms. When I came back just now, I was followed by a large group of reporters. They should still be waiting outside. You should wait before going.

[This book-chasing app was recommended to me by an old book friend I’ve known for years! It's really good. I use it to pass the time while driving or before going to bed. You can download it here.

Qi Xingchen had no choice but to turn around and look at TV, Weibo, Zhihu, Toutiao and other media and public platforms while calling Director Jiang. fruit

Of course, as Qi Yunxiao said, the photos of Qi Xiao being taken away are now all over the place, and some people have begun to speak ill of the Qi family, and have published remarks like "Qi family is finished".

Even some big financial bloggers and answerers have begun to express their optimism about the current situation of the Qi Group.

Being in the entertainment industry, Qi Xingchen instantly saw the traces of the involvement of the Internet troll army, but in just one night, the matter became known to everyone.

And now we are helpless, because we have no idea who hired the navy.

After so many years of fighting in the business world, the Qi family has made countless enemies. Now the opportunity to bring down the Qi family is right in front of us. When the wall falls, everyone pushes it down. Who among the stakeholders wants to get a piece of the pie?

Trying to find out who was the original instigator among so many people is nothing but a fantasy.

Qi Xingchen rubbed his dry eyes and said, "I asked An Ran to ask the media to keep silent and find out which company has taken over the hype business.

"I have tried all these," Qi Yunxiao said calmly, "The media did not collect hush money: the company that hyped it up was found out, but the promotion had already been done, so it was taken back.

Qi Yuji's head and shoulders were about to split: "What is their purpose in doing these things? Our family is upright and has never done anything illegal. After Dad finishes the investigation and the truth comes out, will it be a waste of effort?

"It's not a wasted effort," Qi Yunxiao said, "Qi Group's stock fell six points at the opening this morning. It is still falling and is estimated to hit the limit by noon closing.

Qi Xingchen and Qi Yuji were silent for a moment, neither of them spoke.

We have a feeling that this disaster may not be so easy to deal with.

In the afternoon, after half of the reporters outside had left, Qi Xingchen slipped into the garage and chose the most low-key car. He turned and turned for more than an hour before he shook off the flies following him and arrived at the Municipal Bureau.

When he stepped into the director's office, Director Jiang was stunned, "Xingchen, are you out of town?

The last time they met, the other party enthusiastically called him "nephew", but now it became "Xingchen". Qi Xingchen suddenly figured out why the call could not be connected.

There was no signal either because he was sleeping or because he saw that the Qi family was in a good situation now and he was afraid of getting involved, so he chose to protect himself.

Qi Xingchen held back his sneer, but just smiled silently, then returned to his normal expression and sat down opposite Director Jiang.

Stars, you one by one

Don't be afraid, I will ask about my father's news," Qi Xingchen said, "I know it's convenient to tell you: we are uncle and nephew, I won't make it difficult for you. I came here today to ask Xu Changlin, have you found him for me?

"Oh," Director Ling slapped his forehead, "Look at my brain, I was too busy last night and forgot about it. I'll think of a solution for you later."

Qi Xingchen knew that if it was finalized now, the "wait a minute" would definitely have to wait until the next life. He immediately frowned, "Uncle, are you willing to help with such a small favor?

Seeing 놛 suddenly raise his eyelids, Director Jiang's expression froze and he began to wonder in his heart. —Does this kid know what’s going on at home? How dare he turn against me?

Could it be possible that...the Qi family is sure to bring Mr. Qi back?

Seeing that his eyes stopped rolling, Qi Xingchen knew that his trick worked, and his tone softened again, "Uncle, I said I would embarrass you, as long as you find an excuse to call me to the police station. Then I will pretend to meet you by chance and will never implicate you.

So that's it

Qi Xingchen gave in, and Director Jiang took advantage of the situation and said, "Then I will help you one more time, but you can't talk nonsense when you go out.

I know that talking nonsense will do me no good. "Qi Xingchen said.

After reaching a consensus on this issue, Qi Xingchen no longer felt like an eyesore: he quickly found an excuse to leave. On the way home, I took a look at the market. As Qi Yunxiao expected, the Qi Group had indeed fallen into a straight line.

And it is suppressed by more than 30,000 orders, and it is estimated that it will rise again tomorrow.

But as long as the price is attractively low, there will always be people who will buy it. After a period of decline, institutions and retail investors will feel that the psychological price has been reached and will enter the market to buy at the bottom. After learning some financial knowledge, I am particularly worried about this.

But this time, I was completely wrong.

That night, news that the quality of Qi Group's products did not meet standards and that several branches were suspected of false bidding and falsifying financial reports suddenly spread across the entire Internet overnight.

If you walk by the river often, you will never get your shoes wet. The Qi Group has been in operation for so many years, and there will always be mistakes in some links, resulting in product quality not meeting the standards, and it is inevitable that there will be omissions and mistakes in the financial reports. Qi had rectified these issues as soon as possible after the incident, but now that they are being raised, the mixture of true and false information will inevitably arouse suspicion among investors.

In addition, Mr. Qi's return, even though the Qi family's propaganda responded that "the incident is under investigation, due to the large size of the company, it will take a lot of time", still caused panic among investors.

Investors' panic increased the market's bearish sentiment, and the increased bearish sentiment in the market amplified investors' panic. In a vicious cycle, investors sold off in large quantities, and Qi's Group's stock price continued to fall.

What’s even more terrifying is that after Qi Yunxiao finally spent money to close all the doors, the tax authorities suddenly received an anonymous report. In the report email, the other party stated that several subsidiaries of Qi Group had communicated with the tax system and committed tax evasion and false accounting, and attached some electronic evidence.

The tax issue is a big problem. The next moment after receiving the report, the tax bureau drove to the door of Qi Group. The chairman had been taken away by the CBRC to cooperate with the investigation, so they took away Qi Yunxiao, another powerful person in the Qi family.

The tax authorities’ grand display could hardly attract attention: faster than Qi Weiming, almost at the same time, pictures and texts of Qi Yunxiao being taken away were on the headlines of various economic and news media.

It takes a long time to build a business empire, but it only takes a season to collapse.

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