What's wrong with me being a rich man?
Chapter 213 42 catties
Chapter 213: A Little Difficulty (5k)
Over the mountain.
A research organization registered in Hong Kong.
And, they were identified as evil short sellers who were stirring up trouble in the capital markets.
This is the third time it has released a research report, following Fenzhong Media and Sino-Forest.
Continuing the format of shorting Sino-Forest, the report still includes a speech.
——One generation passes and another generation comes, but deception lasts forever.
The difference is that after this speech, there is no other evidence, no data presented, no relevant business survey, only a very firm text.
——Ali has transferred control of Alipay.
A speech, a main text, and a signature.
Gone.
That's it?
Is this how you conduct research? Is this how you short sell?
You think you are...
Oh, it’s the mountain that caused billions of dollars of market value of Fenton Media and Sino-Forest to evaporate.
Well, it is the mountain of crisis that has caused Fenzhong Media to be sued to this day and put Sino-Forest in the dilemma of liquidation.
He had made two attempts at the mountain peak and succeeded twice. The third attempt was already...
I am not an unknown person, and I will not kill an unknown person!
Evil short sellers also have the reputation of evil short sellers!
The news of such a one-sentence report from the top of the mountain spread quickly, and the feedback to the parties involved was many inquiring phone calls.
It was late at night in New York and the Nasdaq had not yet opened, but the Hong Kong stock market was trading. This matter concerned two listed companies. Both Alibaba and Yahoo should have explained the movements of their important assets.
There is absolutely no ambiguity in this answer.
If it turns, it turns. If it doesn’t turn, it doesn’t turn.
One sentence will answer it.
However, at this moment, Ma Dian, who was standing in the center of the stage, was stunned.
How could this news leak out?
Over the mountain?
How could it possibly know?
The speech of Alibaba's head was interrupted at a very awkward point. He was just talking about the online shopping platform and said "Integrity is the best pass for online shopping platforms". As a result, a voice of dismantling the speech came from the breeze.
There are whispers in the audience and public opinion is bound to brew a storm, and both listed companies will have to give explanations.
Even though Ma Dian was a good speaker, at this moment, faced with the sudden exposure of the secret of executing first and reporting later, he stood on the stage in silence for a long time.
It is impossible to respond immediately, it is not convenient to respond immediately, and it is not easy to respond perfectly immediately.
The speech on the stage suddenly stopped, and there was a buzz of discussion in the conference hall.
Song Yufeng, the chairman of Bai Xiaosheng, didn't understand what was going on. He waited for a while and then turned around and asked his boss, "What's wrong?"
Yu Xing looked solemn: "How should I know what happened? Just listen."
Song Yufeng looked around at the guests who were talking to each other and wondered, "He doesn't say anything."
Yu Xing said, "Well, wait for him to say it."
But there is really nothing to say about Ma Dan.
In addition to public opinion, an important problem now is that the equity transfer of Alipay has not been completed yet. It was 6% in June and now there is only 70% left. Once this news is exposed, the cost of subsequent actions will immediately increase.
In addition, the company is re-evaluating the issue of its listing, which is closely related to its two major institutional shareholders, Yahoo and Softbank.
Ma Dian did not leave the stage, but paced around on it.
The unusual interruption of the head of Alibaba caused the whispers in the audience to spread quickly, and many people learned about the latest breaking news.
After a while, Ma Dian did not continue to talk about the online shopping platform and the e-commerce market, but continued his speech with a sigh: "The development of a company will always encounter various challenges, some of which come from the complexity of its own shareholders and directors' decision-making, and some from the changes of the times."
"We must adhere to two principles in the face of challenges: one is to be 100% legal, and the other is to allow the company to develop sustainably and healthily."
"Only under such a premise can a company's management make the right decisions based on the interests that can be discussed."
"thank you all."
The head of Alibaba walked off the stage and sat back in his seat with a calm expression, while the person next to him immediately moved closer to inform him of the latest situation.
Song Yufeng had already learned the news that caused the unusual meeting from the whispers in the next room. Seeing that his boss seemed still confused, he whispered excitedly about Guo Shanfeng's move.
Yu Xing said calmly: "Oh, I see."
"Hey, hey, Brother Xing, Brother Xing, was Ma Dian's confusing words just now a response to this matter? What exactly did he mean?" Song Yufeng was obviously a little excited about being involved in such a thing for the first time.
"It's obvious. He just mentioned two challenges. This proves that, first, there are disagreements within Alibaba, most likely with Yahoo and SoftBank." Yu Xing didn't have to think about it. "Second, what is the change of the times? Why do we need to transfer control to meet the change of the times? Can we not transfer control?"
"He thinks it's not possible. So the most direct constraint or condition for this change is that Alibaba's long-term development needs to be recognized by the environment or policies."
"You see, one is an internal problem and the other is an external problem."
"As for what he said about it being 100% legal, the company's institutional shareholders are listed companies, including Alibaba itself, and everyone needs to comply with the regulations of the exchange. Now we only know that the control of Alipay has been transferred. Whether this is compliant or not, it depends on the analysis of experts. Anyway, Ma Dian believes that it is compliant."
"That's about it."
Yu Xing fluently gave his own impressions after listening to the speech.
Song Yufeng was shocked.
Even the guests who could hear Yu Xing's voice turned around to look at the young entrepreneur. How...how did he come up with such a reasonable understanding so quickly? You, the intelligence chief, must have some skills!
"Tsk, this Guo Shanfeng has made another move, and he really hit the nail on the head!" Song Yufeng sighed, and wondered, "How did Guo Shanfeng get the news? Where would such news leak from? Doesn't it have to be known by the top leaders? Who leaked the information? Or was it leaked directly to the short sellers! There must be a fierce internal struggle!"
Yu Xing said nothing.
A new guest speaker had come to the stage, but the whispering in the audience continued, and many people's eyes occasionally turned to Ma Dian in the front row.
"So, he thinks it's okay to do this? They are all listed companies!" Song Yufeng thought, "I don't know when the control was transferred, but since there is no problem, why not announce it?"
Yu Xing glared at the chairman and said, "Keep your voice down."
"This is over the mountain, this is control." Song Yufeng sighed in a low voice, "What a bastard."
Yu Xing asked, "Who are you talking about?"
Seeing that the boss seemed to be in a bad mood, Song Yufeng said awkwardly: "Well, let me talk about myself."
Yu Xing shook his head slightly: "With the storm coming, I don't know what changes will happen."
Song Yufeng smiled and said, "It has nothing to do with us, let's just watch the fun."
Actually, there is some connection.
The thought that emerged in Yu Xing's mind was that he wondered whether this kind of public opinion and interest tug-of-war that was bound to continue would allow Alibaba to offer a higher price for the projects it was going to do.
If things aren't going so smoothly, then you should pay more attention to the opportunities you encounter.
At this time, no one cared about the speech on the stage. Guo Shanfeng's move was shocking, and the information leaked by Alibaba this time was even more surprising. After witnessing the suspension and abnormal performance of President Ma on the stage, almost everyone believed Guo Shanfeng's one-sentence report.
No matter how Guo Shanfeng got the information, Alibaba's handling of the matter is more worthy of attention.
However, even though everyone's attention had increased, Ma Dian in the front row still waited until the end of the event before getting up, and did not choose to leave early to deal with it.
It was twelve o'clock noon, and the industry summit still had half a day to go, but it seemed to have ended hastily.
Song Yufeng looked at the head of Alibaba who was being escorted out of the venue, and asked an important question carefully: "Brother Xing, what are you having for lunch?"
However, before he could get an answer, his mood quickly became nervous. Mr. Ma slightly deviated from the direction. Why did he seem to be coming towards him?
After a while, Ma Dian and his group really arrived in front of them.
"Yu Xing, your observation is quite good." Ma Dian briefly commented on Yu Xing's previous remarks, and then asked, "Everyone says you are an intelligence chief. Do you have any intelligence on Guo Shanfeng?"
Yu Xing never expected that the real owner would come to him and ask him this question.
He shook his head without hesitation and said with a smile: "Boss Ma, I'm not really the head of intelligence. We, Bai Xiaosheng, are just a workplace platform."
Not really an intelligence chief, just really crossed the mountain.
Ma Dian just asked casually as a joke, nodded slightly, and gave a suggestion: "I remember you said it well at the Internet Conference last year. You have ideas, but why do you only do such small things? You have to expand what you can do and let go."
Yu Xing groaned: "Hmm..." "By the way, I saw that you, Bai Xiaosheng, reposted the news from the mountain peak." Ma Dian said politely, "This has a bad influence. You wait for our official response to come out, and then we can discuss this matter."
When Guo Shanfeng took action against Alibaba, the platform in China that responded most quickly was Bai Xiaosheng.
In just two minutes, yes just two minutes, Bai Xiaosheng reposted the message and pinned it to the top of the page.
Portal websites such as NetEase and Sina are still identifying and considering the impact. Emerging social media such as Sina Weibo have not yet formed a rapid response mechanism for hot news. Bai Xiaosheng is a workplace platform and after more than a year of operation, it has become particularly sensitive to news from large companies.
Therefore, not only has Bai Xiaosheng started a heated discussion on this matter, but some people are also constantly analyzing it, and are even combining the regulations of different exchanges in Hong Kong and New York to analyze this matter.
As of noon, Bai Xiaosheng's post had been reposted by portal websites such as NetEase and Sina, and even Weibo directly extracted the essence of the analysis.
Although Ma Dian did not leave early, the public opinion was reported to him. When it was over, he caught a glimpse of Bai Xiaosheng's Yu Xing and simply dealt with the matter.
Yu Xing didn’t know about the heated discussions on his own website, but he could probably guess the situation. There had been passionate discussions about the movement of crossing the mountain peak the previous two times.
He did not hesitate to respond to Mr. Ma's small request, but he also replied politely: "Mr. Ma, this is not very convenient."
Ma Dian looked at Yu Xing in surprise.
Yu Xing responded with a polite look.
Ma Dian obviously didn't expect to be directly rejected for such a small matter, and was stunned.
Yu Xing still explained: "This kind of thing cannot be concealed."
It sounds like it's talking about the news, but also like it's talking about Alibaba transferring control of Alipay.
Ma Dian's eyes flickered and he nodded: "Well, okay."
He said nothing more and continued to leave with the group of people.
The conversation between the two was very brief, but when Yu Xing rejected Ma Dian's request, Xu Xin and Shen Nanpeng, who were standing nearby, suddenly showed a similar sense of relief at this moment.
Shen Nanpeng: Only a stubborn person like me deserves to be rejected!
Xu Xin: Only such a stubborn person deserves my scolding!
Damn, he is Ma Dian, the head of a giant, the undisputed king of e-commerce in China, and he asks you to do a small favor at this time...
How dare you refuse?
Shen Nanpeng looked at Yu Xing with complicated meaning. Never mind. This guy is a stubborn dog who won't let go of a bone once he's bitten.
At this moment, not only the two investors, but many people looked deeply at Yu Xing, who had an indifferent expression.
Shen Nanpeng left, with no intention of communicating with Yu Xing and no interest in making things difficult for him anymore.
Xu Xin stayed.
She glared at Yu Xing.
Seeing this, Yu Xing took the initiative to greet him: "Boss Xu, long time no see."
Xu Xin said unhappily, "I saw him yesterday and the day before yesterday."
This was the first direct communication between the two since their breakup at the dinner party.
Yu Xing thought about it and asked an extremely delayed question: "Mr. Xu, the grapes we grow at home are very sweet, right?"
Xu Xin looked at Yu Xing, who was full of pride, and did not answer the question. Instead, he asked in confusion, "Why don't you even help Ma Dian with such a small favor? What are you thinking?"
Yu Xing asked curiously, "Why help? I even rejected Mr. Xu, so what's wrong with Ma Dian?"
Xu Xin was completely out of temper.
Liu Jiankai next to him was also very impressed. Mr. Yu could always coax people in his own unique way.
Xu Xin sighed: "Your temper, sometimes it's not that I want to control it, but you really need to be more...smooth."
"Yes, Mr. Xu, you are right." Yu Xing agreed and said, "Mr. Xu, I am a slow-moving person. Sometimes I only realize that I have gone too far after things are over."
Liu Jiankai almost vomited, you bastard...
What kind of slow-starter can quickly send people to Beijing to capture the corrupt vice president?
Xu Xin was both pleased and not so pleased, and said, "I think your intentions are not very good."
Yu Xing reflected: "Well, since its establishment, Bai Xiaosheng may have some path dependence. My original intention was not so good, but the execution was even worse. I need to pay more attention to this."
Seeing that the venue was not so crowded anymore, Xu Xin gestured for them to go out together.
Because Yu Xing just treated everyone the same, and he verified this with Ma Dian. Coupled with his wording, the atmosphere on both sides did ease a lot.
Xu Xin was angry before, but since it happened today, she would not keep harping on it and asked about Le Tao.
Regarding the deadly 72 hours, this story has been widely spread.
Xu Xin had refrained from asking before, and now he used this as a topic to ease the tension between the two of them.
"I just took people there directly. Well, the employees I picked were all relatively strong and had a slightly fierce look." Yu Xing told the truth, "Once we get there, we won't encounter much resistance for this kind of thing. The main thing is that we found the key evidence."
Seeing that Xu Xin was listening carefully, he thought for a moment and said, "During this trip, I also took a look at the development of LeTao.com. No wonder the vice president is so greedy. LeTao has developed too fast. Now it has grown from less than 200 orders a day to about 800 orders a day."
Xu Xin understood something and said, "Take care of yourself first."
"I was just telling the truth. The vertical e-commerce model was the idea that Bi Sheng and I had discussed for a long time. It was just that his operation was not good enough that led to the problem last time." Yu Xing emphasized, "I asked around, and Vipshop was at this level before it got the investment from Sequoia."
He continued to lobby: "The strategic direction is correct, the team has been cleaned up, and the founder has used his own money to learn a lesson that was truly worth a fortune. Next year, I think LeTao.com is expected to increase its annual orders to at least 100 million."
Xu Xin still said the same thing: "Mind your own business."
However, after she left for a while, she added another sentence to Liu Jiankai: "Promote people for LeTao.com before the New Year."
After Xu Xin finished speaking, she looked at Yu Xing and said, "No wonder Bi Sheng had to go to you when he had no other choice. A lot of startups died, and you really helped him."
Yu Xing smiled and said, "I am the independent director of Letao.com."
He added: "Sometimes, I feel very unhappy about the situation, and sometimes, I just... don't think too much about the gains and losses."
Xu Xin could see Yu Xing's expression from the corner of his eye. He did not comment on his statement, but recalled Guo Shanfeng's shorting of Alibaba. He asked Yu Xing and himself, "Who is behind this Guo Shanfeng? How could he get such information?"
Yu Xing switched identities at this moment, and asked as Guo Shanfeng's mastermind: "Mr. Xu, what do you think of Guo Shanfeng's short selling this time?"
Xu Xin gazed at the West Lake in the distance and repeated with emotion the speech from the mountain peak: "One generation passes away, and another generation comes, but deceit remains forever, deceit remains forever..."
Deception lasts forever, deception lasts forever...
There are many short sellers in the global market. Everyone is pursuing profits and has their own ambitions. Naturally, short-selling cases in different capital markets occur frequently.
However, it is rare to short sell with just one sentence like Guo Shanfeng did.
It is so concise, and the confidence revealed behind the simplicity, as well as its two consecutive successful short-selling within a year, is simply overflowing with beauty.
The plunge and panic are flying together, and rumors are all dark.
Judging from Ma Dian’s performance, it is very likely that billions of dollars in market value will evaporate again this time.
Every move made by Guo Shanfeng hit the target, which was really shocking.
"We chose to take action today because 2010 is only two days away. Do you think it also has a KPI?" Xu Xin said on a whim.
Yu Xing laughed out loud, Mr. Xu, you are interesting.
"Using small means to defeat big, and hitting the vital point directly." Xu Xin gave his own evaluation, "Guo Shanfeng's shorting of Alibaba this time, although short sellers are all in this style, I still have to say that it was a beautiful move of using little force to achieve a great result."
Song Yufeng and Liu Jiankai both noticed the proud smile on Yu Xing's face, but they didn't think much about it. Bai Xiaosheng had exposed many scams in the past year, so perhaps they really sympathized with each other in this regard.
Liu Jiankai said at this time: "I'm afraid Mr. Ma will be fed up with it right now."
Yu Xing looked at the faint mist in the distance and sighed: "A field of tobacco, a city full of catkins, and rain when the plums are yellow."
He took three seconds to calm down and turned to ask Mr. Xu an important question.
"Mr. Xu, what do you want to eat for lunch?"
Xu Xin was still savoring the poetry when she suddenly heard such a simple sentence: "You..."
She held back her disappointment and finally said with emotion: "Whatever, but Guo Shanfeng is really going to take a piece of Ali this time."
Yu Xing sneered: "After all, you are still just a rat after all."
Xu Xin understood Yu Xing's stubbornness and suddenly suggested, "When the number of Bai Xiaosheng users grows, you can issue a hunting order to Guo Shanfeng, and maybe you can really pull it out."
Yu Xing said with infinite expectation, "Is it worth it? You'll just have to hide in the dark for the rest of your life."
Please, don't get into trouble. Rats like darkness, and so do snakes.
(End of this chapter)
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