Chapter 580 A Little Floating



The following day, so many things happened at the financial banquet, and the gossip media wrote whatever they wanted. After a few days of quiet, Lu Feng and President Chen once again made headlines in major media outlets.

Ms. Chen also bought a lot of media headlines, vigorously promoting how glamorous she was at the financial banquet and how many big shots supported her, in order to build momentum for the release of the financial report on Monday.

The phone rang non-stop with calls from people wanting to interview Lu Feng all morning, especially about the incident at the banquet where Lu Feng and President Chen were fighting over a woman.

Lu Feng refused all such interviews. He knew that such gossip would have no effect on Chen's Capital. What they needed now was not news hype, but to make them feel the pain.

"Hello Mr. Lu, I am the chief reporter of Hong Kong Financial Daily. Would you be willing to be interviewed?" A woman's voice with a Hong Kong accent asked on the other end of the phone.

When will it be published?

"If you agree to the interview, we will prepare the interview transcript on the spot and expedite the process so that it can be published by noon."

noon?

Lu Feng glanced at the time; it was already nine o'clock in the morning. This efficiency was truly worthy of Hong Kong media.

"Okay, where are you?"

"I'm in the tea restaurant downstairs from your hotel!" the other person said.

Lu Feng could only sigh, "As expected of the fastest reporter in the world." He agreed and chose a meeting room on the seventh floor. A few minutes later, six people, men and women, walked in.

A tall young woman shook hands with Lu Feng and said, "Hello, I'm the one who's interviewing you today."

"You guys are really fast!"

“There’s no way around it, news needs to be snapped up quickly, especially since you’ve been in the spotlight lately. Time waits for no one, let’s begin, the first question.” She sat down and asked directly, “As a prominent figure in the mainland electronics industry, how did you come into contact with Mr. Chen?”

“I’ve never met her before. Last night’s financial banquet was the first time we met.”

"Regarding how things have escalated, you previously mentioned wanting to drive down the stock price of Chen's Capital for acquisition. What was your purpose? Was it investment? Or personal grudge?"

"It was mostly driven by emotions. Last year, she stood up and called on her colleagues in the financial industry to boycott me, which almost caused my company to go bankrupt."

"Did you manage to secure funding in the end? Which company invested?"

"I'm sorry, it's a trade secret. My company is not a publicly listed company, so we don't need to disclose this information."

"After the sharp drop in Chen Capital's stock price, it rebounded again, so your bearish predictions lost their effect. If the current stock price remains, will you continue to invest? Tomorrow is Sunday, do you have anything to say about the opening of the market next week?"

Lu Feng pondered for a moment and said, "Last week's drop wasn't exactly a crash. It seems to have fallen by a little over 20%, less than 30%. The subsequent rebound was due to Chen's Capital's large-scale buybacks. Chen Shufeng told the market that she had plenty of money to underwrite the stock and would hold it for the long term."

"On the one hand, they're praising the company's financial reports and touting its leading market capitalization. What is this? Isn't this a sign that they're preparing to run away? At its peak, Chen's Capital's total market capitalization was close to 20 billion yuan. I don't think it has that value. It hasn't connected with international finance, nor does it have any plans for international investment. Its current market capitalization is a little over 10 billion yuan, which I think is still inflated."

"They are aware of this issue internally. You can check how much money they cashed out when Chen's Capital went public four years ago, with the stock price soaring. If they are so optimistic, why do the founders, board members, and executives cash out right at the regulatory red line whenever the stock price peaks?"

"What I want to say to all investors is: do not blindly chase high prices. The current crazy rise in Chen's Capital's stock price is entirely due to their own stock buybacks. A large amount of money from clients within the company has been misappropriated, and now the accounts are in a mess. They are in a hurry to withdraw funds, using bricks from one wall to patch up the other. Now they need to patch up the other wall, so what about the other wall? Of course, they need to encourage people to buy and build up this wall."

The interview lasted an hour, with questions coming one after another. Lu Feng's answers were all exceptionally sharp. The last question was from the reporter: "Could you briefly talk about what happened last night?"

"You're a financial newspaper, so you shouldn't be asking these kinds of questions, right?" Lu Feng smiled, stood up, and prepared to leave.

Around noon, the first batch of financial midday reports was delivered to the newspapers. The headline on the front page was in large, bold print: Latest interview with Lu Feng: Beware of Chen's Capital driving up stock prices and then pulling back funds.

Immediately after this interview was published, Chen's Capital dispatched a legal team to issue a statement, vowing to pursue legal action against Lu Feng.

After lunch, Lu Feng immediately called more than a dozen newspapers, paying to buy the entire front page of their newspapers for tomorrow. Lu Feng would provide the articles, and they would only need to publish them.

Sitting in his room, Lu Feng pondered for a while before picking up his pen and writing the title: Let the sky collapse!

The content is not long, about a thousand words, mainly explaining the rules of the game of Chen's Capital in the stock market, and warning all Chen's Capital clients that no matter what they have purchased, such as wealth management, funds, or financing loans, their money has been used by Chen's Capital to fill the hole in the stock market.

I solemnly warn everyone: do not hold any shares of Chen's Capital. The moment you buy them, Chen's Capital will sell them off in large quantities!

After reviewing the manuscript and handing it to the newspaper staff, Lu Feng returned to his room when the phone rang. He answered, "Who is it?"

"It's me!" Jiang Xiaoyan's voice was a little lazy as she yawned and said, "I woke up this morning, and while I was on the phone with Fengxia, I actually fell asleep again. I seem to be sleeping a lot these past two days."

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