Chapter 611
As Ling Yu muddied the water, the share price of Yinhuang Entertainment fell below the 40 yuan mark again at this moment, entering 39.68 yuan per share, approaching the support level of 38.85 yuan again, and closer to the limit of 37.8 yuan per share again step.

A feeling of panic is spreading, and all the fans are thinking of cutting their flesh and fleeing.

Although the hot money has realized that this is a premeditated short sale, they dare not follow suit at all, and can only stay on the sidelines and watch Ling Yu operate.

Up to now, no one can tell what the market will be like in the next moment. If you win the bet, you can eat meat with Ling Yu, and if you lose the bet, you can go to the rooftop and line up!

As the saying goes, the bold are starved to death, and the timid are starved to death. This sentence also applies to stock market trading.

It's just that compared with the hot money and the anxiety of retail investors, Ling Yu seems much more relaxed at the moment.

While he was busy accumulating funds at low positions, he was also busy selling short positions and selling low positions, and the repeated cycle exacerbated the decline.

Obviously there was an opportunity to pump up the shipment, but Ling Yu didn't do it. He was waiting, waiting for a suitable opportunity!

He wants to use the principle of leverage to directly damage the vitality of Yinhuang Entertainment!
Soon, the stock price of Yinhuang Entertainment fell below the support level again, like a river rushing down thousands of miles!
At this moment, even Wu Hongda couldn't sit still. He was staring at the stock price trend on the big screen, but his face was as gloomy as water and he didn't say a word.

"Chairman! This is obviously someone targeting us in the stock market, otherwise the stock price would not have fallen so fast..."

A female secretary reported to Wu Hongdahui.

"Yeah! I got it! Immediately ask someone to protect the plate, we can't go on like this."

Wu Hongda pondered for a moment and ordered.

After the female secretary left, Wu Hongda couldn't help but fell into deep thought.

A series of things that happened recently really made him burnt out, and he didn't have time to take care of them too much.

Moreover, there are not a few companies that Yinhuang Entertainment has offended over the years. For a while, he himself was not sure who was attacking him secretly, or a group of people united to attack him.

However, the biggest suspicion in his heart was Ling Yu's listening company.

Because there are various indications that Lingyin is one of the companies that are against him, and the information about him was the first to expose his shady background, which makes people think even more.

"It's just a small company that has only been established for half a year. How can it have the strength and confidence to compete with me?"

Wu Hongda murmured to himself.

Thinking that Ling Ruoxue reappeared in the public's field of vision by listening to the short video, and further expanded her popularity, Wu Hongda felt a severe slap in the face.

"Ling Yu? Ling Ruoxue? Both are surnamed Ling! Well, there seems to be some secret hidden in it! If the two of them are relatives, then everything makes sense!"

But in an instant, Wu Hongda already thought of the approximate relationship between Ling Yu and Ling Ruoxue through known clues.

It's just that Wu Hongda probably never dreamed that Ling Yu and Ling Ruoxue were actually one person, and he never imagined that his original ban order would ruin his entire Yinhuang Entertainment!

Of course, these are all for later.

Although he has vaguely guessed the relationship between Ling Yu and Ling Ruoxue, Wu Hongda still cannot connect the whole incident together. After all, in his opinion, even if Ling Yu and Ling Ruoxue are relatives, at most it is Ling Yu who opened the listening company. Helping Ling Ruoxue come back is far from being able to wrestle with him.

It is precisely because of such inertial thinking that Wu Hongda's suspicion of Ling Yu is still uncertain.

"Hehe! Regardless of whether you did it or not, but since you dare to make an enemy of my Yinhuang Entertainment, then you just wait for bankruptcy!"

Wu Hongda said with a vicious grin on his face.

However, Wu Hongda's strategizing and self-confidence did not last long, and a bad news came again.

That is, there is another problem in the stock market of Yinhuang Entertainment, and the shareholders have begun to collectively hold them accountable.

In the stock market, after experiencing continuous declines, the stock price of Yinhuang Entertainment finally fell below the support level, and it was close to the limit.

Even though Yinhuang Entertainment's response was timely, they had already fallen into the trap that Ling Yu had arranged in advance.

When a large number of small retail investors began to cut their flesh and fled, Ling Yu intensified his short-selling of Yinhuang's stock price, completely driving down the stock price crazily.

As the saying goes, when a wall falls, everyone pushes it down.

This sentence fully applies to the stock price of Yinhuang Entertainment at the moment.

When there is no lower limit for the decline of a stock, no one dares to gamble with his own wealth and life.

While Ling Yu was frantically refreshing the turnover rate, the large outflow of funds immediately attracted the attention of other financial institutions.

None of the institutions that can fight in the bloody storm of the stock market is a simple person. They have mature trading methods, a large amount of funds to operate, and the key information circulates quickly, which makes them the favorites of small retail investors. Leek Harvester.

At this moment, after seeing Ling Yu crazily shorting the stock price of Yinhuang Entertainment, several financial institutions, like hungry wolves smelling blood, began to focus on the fat meat of Yinhuang Entertainment.

As a result, several major institutions, together with Ling Yu, began to short the stock price of Yinhuang Entertainment.

Although they don't have any communication with each other, everyone seems to have a tacit understanding, and everyone is handing each other down to lower the stock price.

When Yinhuang Entertainment discovered this problem, it was too late!

Not surprisingly, the stock price of Yinhuang Entertainment once again fell by the limit, and their market value also shrank by nearly 50 billion in an instant!
The price limit for two consecutive days was a severe blow to the entire Yinhuang Entertainment stock market, but the shareholders who held shares couldn't sit still for a moment, and a board meeting surrounding Wu Hongda was immediately held urgently.

Of course, these are not what Ling Yu wants to care about.

After shorting the stock of Yinhuang Entertainment, Ling Yu's task today is considered complete, he just needs to wait for the opening of tomorrow's good show!

But before that, Ling Yu still has another important thing to do, that is, the live broadcast and music functions of the listening short video have been activated, so Ling Ruoxue, who has already made preparations, will start her own listening at [-]:[-] tonight. The first live broadcast conference since the audio!

For this first live show, the entire staff of the listening company was busy arranging and operating, but Ling Yu himself began to prepare.

Because the news of the first live broadcast has been warmed up in advance, it can be said that there are already a lot of snow fans in Ling Ruoxue's live broadcast room at this moment.

(End of this chapter)

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