After all, one should be grateful to those who have done good for him, so Jiang Li had already done all the public relations in advance that night.

Besides, in Tianhai City, who would be willing to offend Lin Feng, a business tycoon?

Although Tianhai City was not in chaos, Jingxi City was in complete chaos.

The world-renowned short-selling master suddenly made a high-profile announcement through his social account, saying that he was not optimistic about the Chinese stock market, and at the same time he felt very strange about the recent tenfold surge of a stock in the Chinese stock market.

At the end of the article, he also specifically pointed out that this one was Longteng Automobile.

After a rapid rise in the past few months, Longteng Automobile's stock price has reached the 50 yuan mark.

This is indeed a world of difference from the previous 3 yuan.

Although the rise in stock prices is partly due to the company's own surge in strength, it still requires more market funds for speculation.

So when he suddenly mentioned Longteng Automobile, the investor circle of Longteng Automobile was completely in an uproar.

After all, this position is already very dangerous, and almost everyone has made a lot of profit.

At this critical juncture, any disturbance will trigger a chain reaction.

After all, although everyone knows Lin Feng’s background and strength, there are at least dozens of stocks that explode every year in China’s A-shares.

Every time a stock market crashes, countless investors lose their fortunes.

Almost everyone in Longteng Automobile has made a profit. It can be said that once those shareholders at the top start to flee, it will easily cause a stampede.

So when the news came out, Longteng Automobile quickly entered a limit-down state.

As soon as the market opened, there was no suspense at all, and the stock price fell to the limit down. Moreover, the amount of funds placed on the sell orders at the limit down was as high as 5 billion.

In other words, if you want to save Longteng Automobile, you must spend 5 billion to meet these sales orders.

Obviously, in the history of China A shares, no one has had such courage and determination.

Therefore, Longteng Automobile was in a limit-down state throughout the day, and there was no sign of a rise at all.

"Director Lin, what should we do now?"

After Shen Lei learned the news, he found Lin Feng immediately. At the same time, Cheng Li also called him with great "concern".

Although Cheng Li's hundreds of billions were loaned to Lin Feng, if Longteng Automobile really had problems, it would be difficult for her to explain to the investors and the consortium behind it.

After pacifying Cheng Li, Lin Feng immediately spoke to Shen Lei: "What's the situation in the market?"

"The stock market situation is indeed not good. After all, the stock market has risen too sharply in recent times. This incident happened at this time, so people who are in high positions want to escape, and those who have made a lot of money in low positions also want to withdraw with profits.

But at this critical moment, who would dare to rush in and buy at the bottom, so the stock naturally fell to the limit. "

“How long do you expect the decline to last?”

"According to my judgment, there will be at least a few more limit downs, but even so, every time we encounter a limit down, we will lose tens of billions of market value.

So I think we still have to act quickly to stabilize the morale of the troops and stimulate the stock market at the same time! "

Lin Feng narrowed his eyes when he heard it: "Huh, if there are five limit downs, we will need billions of funds to save the current Longteng Automobile stock.

So I don’t plan to rescue the market at the moment!”

Shen Lei's heart skipped a beat when he heard this: "Mr. Lin, if we don't act now, when will we act? The industry and the financial circle are all waiting for our news. After all, when Longteng Technology encountered problems before, we were the first to step forward.

If we don’t say anything now, the outside world’s doubts may become more intense, and five limit downs may not be enough! ”

"The stock market is all about speculation. If a company has good prospects and some speculation, the stock price will soar.

As for stocks that can no longer be hyped, no matter how awesome you are, it is difficult to drive up the stock price.

So now Longteng Automobile has no shortage of stories to tell, but I think it’s a little early to start telling stories now! ”

"You mean you're just going to let it fall for a while?"

Shen Lei seemed to understand Lin Feng's intention.

“That’s absolutely right. In fact, I tell you, I don’t care about the stock market value of Longteng Automobile at all.

It can be said that even if it rises to the sky, it will not have much impact. After all, we are a physical enterprise, unlike Internet companies that are prone to bubbles.

As long as we can establish a firm foothold in the physical business and continue to make profits, the stock will only be icing on the cake."

Lin Feng disagreed.

If the market value of the stock is not realized, it will just be a string of virtual numbers, and Lin Feng is very confident that he can make Longteng Automobile earn a fortune in the future.

So selling stocks is not a very good way to make money.

"So when are you going to tell your story?"

“When it hits the bottom and is half dead, we will start buying at the bottom and then tell a story!!!”

"Director Lin, do you want to invest in stocks yourself?"

"Why not? I am very optimistic about Longteng Automobile, and I am the owner of the stock market, so of course I am willing to bet on myself!"

When Shen Lei heard this, he was unable to refute it, and could only nod and agree with Lin Feng's opinion.

After all, even if he wanted to save the market, he didn't have the ability to do so.

So in the next few days, Longteng Automobile not only released a routine statement on its official website, saying that the company did not have any false or concealed information, and that its current operating conditions were good, and hoped that investors would rest assured of this news.

This piece of news was insignificant and could be said to be dispensable. Even no one from the top management of the group stood up to speak out publicly.

This undoubtedly made the situation even worse for Longteng Automobile's stock, which had already hit the daily limit.

Just as Shen Lei had guessed before, the next day, Longteng Automobile's stock price fell to the limit down as soon as it opened.

The price limit is 4.2 billion.

More importantly, the total transaction volume for the whole day was less than 200 million.

In other words, if we really want to digest these orders at the current pace, it will take at least 7-10 trading days.

By that time, how much stock price of Longteng Automobile would be left? The market panic continued until the last trading day on Friday.