What's wrong with me being a rich man?
Chapter 185 Murphy’s Law
Chapter 185 Murphy’s Law
Sino-Forest was a shocking scam that collapsed.
In particular, the fact that a company of such scale and market value has experienced the fastest rise from peak to trough cannot help but become a hot topic at dinner parties.
Compared with the US$5 billion market value of Sino-Forest, which has already been listed, most of the people attending the dinner party with Today’s Capital have not yet reached the threshold for listing. Therefore, everyone has witnessed its astonishing situation in the past few days. It is hard not to be shocked and difficult not to discuss it.
Many people vaguely feel a sense of empathy.
How difficult it is for a company to go public from scratch!
What's more, this amounted to 5 billion US dollars, which is more than 30 billion Chinese yuan!
It was actually... toppled down so easily.
In fact, it was not "pushed down". From the perspective of bystanders, he slept normally the night before, and woke up the next morning and saw the news that Sino-Forest had been admitted to the ICU.
And what does it cost to cross the mountain?
It's just a report!
This feeling of dislocation is like the mountain-like Sino-Forest being touched by a little finger and then collapsing!
"It's a pity for Sino-Forest. All these years of development have been ruined like this." Zhong Kaimin, the founder of Deqingyuan, said with emotion after a few glasses of wine, "It's too twisted to just rely on something that is not known to be true or false."
Liu Jiankai wanted to pour wine for Yu Xing, but Yu Xing waved his hand to refuse and only had juice.
"The Sino-Forest incident is too shocking. More than 300 billion yuan. If it was converted into cash, it would take who knows how long it would take to burn. But it all evaporated like this!" Another Wu Zhiheng shook his head again and again. "Canada is too careless. At least there should be audit evidence. How can an external organization like Shanfeng stand up to scrutiny?"
Zhong Kaimin sneered and said, "I took a quick look at Shanfeng's report. There must be a mixture of truth and falsehood in it. But once the stock market sentiment rises, it becomes irrational. Sino-Forest is indeed in a terrible state."
At this moment, Bi Sheng, the boss of LeTao.com, who flew to Shanghai from other places, hurried in. As soon as he entered the door, he apologized to everyone present, saying that the road was too congested and the meeting time would take longer than expected.
Today Capital has not invested in Letao.com yet, but its interest is already very obvious, so Bi Sheng was also invited on this trip.
Bi Sheng exchanged greetings and saw that his good brother was there, so he naturally sat down here.
He saw that there was juice in Yu Xing's glass, so he gestured to Liu Jiankai to give him the bottle, and said with a smile, "Drink some, just for your own good."
Liu Jiankai shrugged and handed over the bottle.
Yu Xing put his hand over the cup and shook his head, "I'm not in the mood to drink. Don't pour it. How have you been lately?"
Seeing that Yu Xing didn't seem to be polite, and seeing Liu Jiankai's eyes, Bi Sheng put down the bottle and thought for a while: "Not bad, the development speed is faster than I thought."
Yu Xing nodded slightly: "That's good."
The two men talked in low voices, and the topic at the dinner table returned to the previous Sino-Forest. They were mainly expressing regret and indignation at Guo Shanfeng's short-selling behavior. Two consecutive Chinese stocks had been successfully shorted, and there had been some malicious public opinion targeting Guo Shanfeng.
Yu Xing glanced at the few people who were talking particularly fiercely, but still said nothing.
"Mr. Yu, I've heard a lot about you. I'm a big fan of your show." Zhong Kaimin from Deqingyuan Company picked up the wine glass, stood up and said with a smile, "Mr. Yu, please introduce me to Dragon TV if you have the chance."
Yu Xing also stood up, picked up the cup, and said with a smile: "Of course, of course."
He was about to drink but was interrupted.
"Hey, Mr. Yu, why are you drinking juice? Come on, fill up the wine, fill up the wine." Zhong Kaimin said cheerfully.
Yu Xing also smiled: "I'm not feeling well today, so I won't drink."
Zhong Kaimin persuaded him to drink, "Wine is the essence of grain. The more you drink, the younger you become. Mr. Yu, if you show some appreciation, I can do it now."
"Just whatever you want." Yu Xing didn't like being urged to drink, so he raised his glass and took a big sip of juice, smiled at Zhong Kaimin opposite him, and sat down.
Seeing this man so... simple, Zhong Kaimin felt a little embarrassed as he held the cup in his hand.
"When Mr. Yu came today, he told me that it was a pity that he couldn't drink with dinner tonight." Liu Jiankai promptly smoothed things over, "Mr. Zhong, let's make a separate appointment another day. It's a good opportunity to invite the producer of Dragon TV to come along. Deqingyuan can really learn from them in this area of marketing."
Deqingyuan sells eggs, or to be more precise, industrial brand eggs, but the competitive pressure in its expansion over the past two years has been very high.
Zhong Kaimin took the opportunity, took a sip of wine and sat down.
Bi Sheng seemed to understand why Liu Jiankai was sitting next to his good brother...
After a few drinks, he casually made an appointment: "Mr. Yu, I will come to your place in a few days to report to you on the development of our LeTao.com."
"I've been too busy lately." Yu Xing declined. "There's nothing much to say about Letao.com right now. It all takes time and market practice to verify. I'll call you when I have time."
Bi Sheng thought about it and nodded. He actually wanted to talk to his good brother about the adjustment of the company's strategy, but Yu Xing seemed to be in a bad mood, so he decided to wait for next time.
The topic at the dinner table turned to the market recovery after the financial crisis, but after a while, the conversation returned to Sino-Forest.
Although Sino-Forest's market value has fallen by 9%, it is only temporarily suspended and there may still be hope for a turnaround.
Xu Xin then made a joke: "With the current situation of Jiahan Forestry, it would be useless even if I approached Shanfeng."
She shook her head and added: "Short sellers are all maggots of profit."
Yu Xing was already full at this meal, and when he heard this, he slammed his chopsticks on the bowl, making a loud and crisp sound, and finally took out a wet towel to wipe his hands.
Xu Xin followed the sound and saw his expressionless face. She smiled and said, "Mr. Yu, do you have a different opinion?"
"How come I didn't know that Mr. Xu still had face in Guoshanfeng?" Yu Xing said this, but he finally felt that this occasion was not suitable for him. "I'm not feeling well today, so I'll go back first."
He tried to stand up but Liu Jiankai pulled his arm.
Today is not a private occasion, this is a dinner party for Capital Today and a dozen entrepreneurs.
Xu Xin frowned and said unhappily, "Boss Yu, if you want to communicate, then communicate."
"What are you discussing?" Yu Xing was even more displeased. "I've been listening to this for a while, and it's strange that they keep saying things like 'crossing the mountain'. The Canadian market is full of idiots who can be scared away by a report. Is Sino-Forest innocent?"
Zhong Kaimin still remembered the young man's lack of respect, so he laughed out loud and said, "It's not that Sino-Forest has no problems, but we can't go to Chen Deyuan and criticize him."
Yu Xing sneered: "If you can't find Chen Deyuan, you can find the mountain?"
Zhong Kaimin was speechless.
"The situation is coming with great force. Two domestic companies have been hit hard in succession. Yu Xing, why are you reacting so strongly when I say a few words to you?" Seeing that Yu Xing had returned to his old ways, Xu Xin spoke more directly.
"I just like to distinguish right from wrong." Yu Xing was very stubborn and added, "You said Sino-Forest is a Chinese company, but they claim to be a Canadian company, and even their headquarters is in Canada. Mr. Xu, I advise you not to empathize blindly."
Liu Jiankai next to him kept touching Yu Xing's legs from below. He felt that this was just Murphy's Law. The more you fear something, the more likely it is to happen!
Seeing that he left no room for maneuver, Xu Xin became furious.
Seeing the shareholders being humiliated, Zhong Kaimin stepped forward again: "Mr. Yu! Everything has to be determined by right and wrong, right? No matter where Sino-Forest is, everyone thinks of it as a Chinese stock!"
"I was originally here to eat quietly. I came here today to listen to your opinions. It's you who are talking about this and that being wrong." Yu Xing retorted, "So you can only listen to pleasant words and can't stand any rebuttal, right?"
Zhang Yuqing, the boss of Rongqing Logistics, watched for a while and then said, "Mr. Yu, don't get excited. You've had too much to drink."
Yu Xing had nothing to hide at this point, so he said directly: "Who is excited? I didn't drink a drop of alcohol!"
"Boss Yu! If you want to do something, you must be a good person first!" Zhong Kaimin stood up and said sternly, "You can't do this!" "If someone doesn't meet your wishes, he is not a good person?" Yu Xing sneered, "What? How can you still hold my head down?"
Zhong Kaimin raised his hand and pointed at the other party, scolding: "Yu Xing, your company has only been in business for a year, don't be so reckless! Has your company come up with anything big?"
"Then what kind of senior are you? Aren't you just selling eggs?" Yu Xing also stood up, "Wait until you start to go public before you show off your qualifications."
Wang Wei, the founder of Tudou.com, who was sitting next to Xu Xin, couldn't help but say, "Mr. Yu, I'm going public next year. Can I have a say?"
Yu Xing glanced at Wang Wei and said, "Let's talk about it after you successfully go public."
Wang Wei saw that today's dinner party was messed up by this young man, so he had to criticize: "Boss Yu, Yu Xing, it is understandable that young people are aggressive, but you are going too far. As far as I know, you and Bai Xiaosheng even borrowed money from me in the name of Boss Xu. Is it necessary to act like a drunkard like this?"
Yu Xing was surprised and said, "Didn't you Tudou.com see the value of "If You Are the One"? Did you lose money because of its ratings? You are good at making accusations."
He looked at the people who were talking again and said with a smile, "What's the matter? Are you going to accuse me of climbing a mountain? I am climbing a mountain, right?"
As the vice president of Capital Today, although Liu Jiankai admired Yu Xing very much, he said angrily at this time: "Enough! Mr. Yu, stop making a fuss about yourself! If you had crossed the mountain, it would be fine! Okay, it's everyone else's fault, but you, Yu Xing, are not wrong!"
"I just don't like it." Yu Xing said calmly, "It's all my fault, it's all the market's fault. I'm done eating, you guys can do whatever you want, I'll pay for this meal."
Before he turned around, he said one last thing: "I just don't understand. No matter what you say, did Sino-Forest commit fraud?"
Before Xu Xin's brewing anger could explode, he saw Yu Xing leaving, and immediately stood up angrily and chased after him.
Zhong Kaimin moved, and Zhang Yuqing also stood up hesitantly.
Liu Jiankai stretched out his hand to stop him: "No, no, Mr. Xu can handle it."
He felt that Mr. Xu should be able to handle it. After all, he had a lot of experience in quarreling with Yu Xing.
Of course, if the matter is not handled properly and Yu Xing scolds me instead, it would be best not to let these entrepreneurial partners see it.
Bi Sheng stood up and said, "I'll go take a look."
Liu Jiankai tried to stop him but failed, so he just let him go.
The atmosphere at the dinner party dropped to freezing point and everyone looked at each other in bewilderment.
The angry Xu Xin quickly caught up with Yu Xing, slapped him on the arm, and said angrily: "Is this your way of acting?!"
The first thing that came to her mind was the trigger for inviting Yu Xinglai. He said that he was young and ignorant and needed her to give him more advice. He also expressed his belief that it was necessary to play along in interpersonal relationships.
Yu Xing took a step back and said confidently: "It's you who won't let me just do whatever I want!"
Xu Xin recalled that there seemed to be such a conversation. She was furious and just wanted to slap him, but the remaining rationality stopped this impulse. It was not because she was afraid that she could not hit him, but because she was worried that Yu Xing would fight back immediately.
Yu Xing seems to be someone who can do such a thing...
The twists and turns she had experienced in dealing with Bai Xiaosheng since they met were combined with her current anger, and in the end she could only say one sentence: "There will be no next round, Yu Xing, no more!"
Yu Xing replied calmly: "Okay, Mr. Xu, goodbye."
He waved goodbye to the boss of Today Capital.
Xu Xin looked at Yu Xing's unhurried back, and a complex and indescribable emotion surged in her heart.
When she turned around, she saw Bi Sheng chasing after her, and her expression became cold again.
Bi Sheng looked at the potential sponsor and reluctantly tried to help his good brother: "Boss Xu, Yu Xing's personality is like this. He is just... young."
Xu Xin shook her head: "He is just a scoundrel. Let's go, forget about him. Mr. Bi, I still want to ask you about LeTao.com today."
When Bi Sheng saw that Yu Xing had disappeared, he had to give up the idea of chasing him and returned to the dinner table.
Well... although Yu Xing is a human being, it seems that he is not the one who suffers the loss.
While drinking, Bi Sheng sent a text message saying "You are too stubborn, aren't you being too aggressive?". After a long time, he received a reply that took his breath away, "Please pay the bill for me, I forgot about it as I walked too fast just now."
The dinner party became lively again after a few people tried to fix it, but no one talked about the mountains and Sino-Forest again.
When it comes down to it, the fraud by Sino-Forest seems to be quite obvious.
With the premise exposed by Yu Xing, it seemed boring to talk about it anymore.
The dinner ended very late.
Xu Xin's complexion returned to normal in the second half, but then he became expressionless after getting into the car to go home.
When she got home, she threw her bag to the ground, and her emotion was accurately received by her husband Li Song who came to greet her.
"Did you have an unpleasant dinner?" Li Song asked as he picked up the bag.
"Yu Xing is a complete idiot!" Xu Xin cursed with gritted teeth and regretted it, "I should have listened to you and not invested a dime in him!"
She was so angry that her lips began to tremble.
Li Song first poured a glass of water for his wife, and then made some hangover tea. He did not agree with this belated approval, but chose to listen to what happened tonight.
After he finished listening to the description mixed with emotional expressions, he pondered for a moment and said: "Now I feel more and more that I am at ease with people like Yu Xing. He doesn't tolerate anyone. He messed with our Internet marriage, messed with that working emperor, and messed with the investors who paid money. He couldn't bear to hear your inappropriate value orientation."
Li Song couldn't help but laugh and said, "Even if he messes up my company again, I can accept it with peace of mind, because it is very likely that there is indeed a problem with my company."
Xu Xin's eyes widened and she glared at her husband: "Which side are you from!?"
"When you wanted to invest in Bai Xiaosheng, I asked you the same question." Li Song said slowly, "But, just like when we did something wrong, we deserved to be criticized by Bai Xiaosheng and NetEase's marriage and dating market. Why didn't Jiahan Forestry get punished for such serious fraud?"
He knew his wife was a reasonable person, so she would talk freely at this time: "There is something wrong with your position. Even if I were listening at the dinner table, I would not agree with it. However, Yu Xing is not me. If he is unhappy, he will just go crazy. He doesn't care who you are. He will turn against you at any time."
Xu Xin sneered: "You are really envious of him, right?"
Li Song was silent for a while, then said, "I think he is that kind of person. You already knew this, so why did you invite him? Isn't this asking for trouble?"
Xu Xin pounded the sofa with her right hand and glared at her husband but was speechless.
It seems like she should be angry. Today's dinner was disrupted like this and she lost all her face. However, Yu Xing's kind of person really shouldn't have any illusions. Her husband's words had some twisted logic, but they were too cowardly.
After a while, Xu Xin leaned back on the sofa, and between being angry and feeling cowardly, he chose to feel angry.
She used the remaining alcohol to command her husband: "Pour tea! Pour tea! Pour tea!"
Li Song just chuckled and said, "Just pour it. I poured the tea, what else can you do to me?"
You are as strong as steel, but I am as soft as silk!
(End of this chapter)
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