Domestic mobile phone manufacturers have completely lost their competitiveness. They are struggling to survive due to heavy debt and have announced their withdrawal from the mobile phone market.
This news caused a huge uproar, completely shattering investors' last illusions about the stock market.
However, there is one staunch advocate, striving to carry the banner for domestic mobile phones: Longyao Mobile.
But they're not listed on the stock exchange, so what does it have to do with them?
The sharp declines over the past few days have shattered the hopes of countless investors, and there is now no demand for buying.
Even a fool wouldn't take over now; whoever does will die.
Stock market investors ran across the fields of hope, amidst a chorus of wails.
Reeves and Kii, who went from enemies to allies, are practically kicking themselves.
Didn't they say that Chinese-made mobile phones have defeated international brands?
Isn't it said that domestic mobile phone brands occupy half of the market?
How come everything seemed so promising, and then just when the stock market was about to surge, it all collapsed?
Isn't this bullying?
They've acquired half of the tech stocks in their quest to make money, and now they're all stuck with them.
Kii Sanjo is alright; with superconducting technology at his disposal, he shouldn't be easily crushed by a single blow.
But Reeves is different.
SPK are like rootless duckweed, just here to freeload and leave after making a quick buck.
If the current situation continues, won't they become shareholders?
Being a shareholder in a hopeless company is tantamount to digging your own grave, isn't it?
No, they're going to use technology to manipulate things; they're going to escape the Chinese stock market.
As a result, they were disappointed.
If the overall environment is problematic, how much trouble can you possibly cause?
Chinese stock market investors crave wealth, but that stems from their trust in the country, not from any technical expertise.
Without any relevant policy announcements, everyone's just watching for the spectacle; who would be foolish enough to rush in?
Furthermore, while tech stocks plummeted, stocks in sectors like non-ferrous metals performed relatively well.
Since there's something to speculate on, who would put money into playing tech stocks?
Of course, this excludes those who are already trapped.
Among them were Peter Ma and Li Zhi.
Sihai Hotel
Su Wu looked at the gloomy atmosphere on the table and sighed softly.
"You just wouldn't listen to advice, and now you're trapped, aren't you?"
"Yes, we've already lost all the profits. If we keep going like this, we'll just lose money." Li Zhi said dejectedly.
Peter Ma was also drinking alone, saying, "This time I've suffered a huge loss; half of my fortune is about to be gone."
Upon hearing this, Su Wu was also greatly surprised.
These guys have a serious gambling streak.
He couldn't help but ask Li Zhi, "How much did you actually bet?"
"More than 10 million, I guess. Didn't we make quite a bit of money last time?" Li Zhi said with a wry smile.
Su Wu gasped in shock, then looked at his other companions, "What about you guys?"
“We each have 3 million, and my girlfriend has about 500,000,” Miao Renfeng said with a bitter face.
Good grief, they're not even planning to live a normal life anymore.
Su You looked at Anna, who had been silent the whole time, and asked, "What about you? How much did you secretly bet?"
Anna said somewhat awkwardly, "I listened to you and switched all my investments to non-ferrous metals. Now I have a million."
Her words immediately drew the attention of everyone present, their eyes filled with disbelief.
Su Wu almost burst out laughing.
If he weren't afraid of it being too stimulating, he would have really wanted to burst out laughing.
As for Peter Ma, there's no need to ask; he'll probably cost several hundred million.
Su Wu believed he had done his best, but unfortunately only Anna listened to him.
He could only try to comfort her, saying, "Investing involves risks, so be cautious when entering the market. It's best to avoid stocks if possible, and make money steadily and honestly."
Upon hearing this, Li Zhi smiled wryly and said, "I'll take this as a consolation. Fine, you don't need to come again. Do you have any other ideas?"
"There's nothing I can do; this is the trend. I don't think things will improve much this year," Su Wu said helplessly.
Just kidding, the Tech Nation is legendary; it's ruined countless lives.
But he couldn't stand seeing the way the others were behaving.
Since they've already learned their lesson, we should lend a hand if we can.
During this period, he kept a close eye on the stock market, mainly because he was afraid that Hu Zeqing would run away before the time was right.
In this way, he also received a piece of information from some professionals.
That means SPK will take action soon in order to extricate itself from its predicament, hoping to take advantage of a temporary surge in the stock market to recoup its losses.
He said in a deep voice, "I have some information. There will be a surge soon, but it will probably be short-lived. How you seize the opportunity is up to you, but I suggest you just break even and don't have any other hopes."
This might be their only chance to lose less this year; otherwise, they'll just have to wait and slowly break even.
After the gathering ended, Su Wu began the final step in his plan against Hu Zeqing.
He has multiple loans for one property, which is no small matter; it's fraud.
If this news is released now, Hu Zeqing will definitely be in big trouble.
So, just as Hu Zeqing and Yao Aiguo were putting in their last bit of effort to cooperate with SPK's operation to get out of trouble, trouble came knocking.
Major banks have all received an anonymous tip-off containing evidence that Hu Zeqing has taken out multiple loans on the same property.
This terrified the managers.
If such a large loan becomes a bad debt, they will probably all be sent to jail.
Hu Zeqing's phone was immediately bombarded with calls from debt collectors.
Hu Zeqing realized that something was very wrong and immediately prepared to flee without regard for anything else.
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