Reinventing the Millennium

Chapter 1026 Supervising Public Opinion

A week of fierce competition in the YIKE stock price is over.

Even if Fang Zhuo leaves Shanghai and handles the ice core matter in Luzhou, he will inevitably be asked about what happened in the United States.

At 8:30 pm on Saturday evening, Chinese time, Fang Zhuo finished talking to his leaders about the development of the ice core manufacturing process, and happened to give Secretary-General Luo Minghua a ride on the way.

"I heard that Brother Luo is moving?" Fang Zhuo asked with a congratulatory voice and a smile.

"Hey, catch the wind and catch the shadow, catch the wind and catch the shadow." Luo Minghua waved his hands with a smile, "No matter where you are, as long as it can shine and heat."

Fang Zhuo estimated that the news was correct, and this person was going to move to the province.

He didn't ask any more questions and just chatted as usual.

Luo Minghua chatted for a while and couldn't help but ask: "Mr. Fang, I think reporters are writing that this week, Yike is fighting fiercely with short sellers in the stock market. What is this situation?"

"Hey, don't mention it, Yike is being targeted. He just came here last month, and just a few days after Ansheng's birthday this month, they come again. I also have a headache." Fang Zhuo shook his head slightly.

Just as he was about to continue, the latest news came from his cell phone.

At 8:45 a.m. Eastern Time on Saturday, the SEC asked Freetrade, a mobile stock trading platform that has shined this week, to suspend services and conduct a review on issues such as customer data and financial security.

In the past five trading days, apart from the surprising YIKE game, the most eye-catching thing is the growth of Freetrade, a free trading software. It has been at the forefront of downloads in the Android App Store since Monday.

Some media estimate that Freetrade may add at least one million new users within a few days. What is even more frightening is that these users have clear goals and a very high retention rate. This simply shows a new development direction of the industry in the mobile Internet era. .

However, reporters who have personally tried this software also bluntly stated that the software is full of fanatical retail investor communication atmosphere and is not a healthy and formal platform.

Such a platform, which has obvious advantages and disadvantages but does provide a huge role for retail investors to group together and short squeeze, suddenly stopped serving... Inevitably, YIKE's retail fans lost an important cohesive force.

In addition, YIKE has also lost the new channel of easy registration and convenient operation.

Following Twitter's suspension of services, Freetrade's sudden situation is undoubtedly a heavy blow to the confidence of retail investors.

Fang Zhuo held the phone and read out the text message he received.

Because Mr. Fang paid special attention to Yike's situation, Luo Minghua was shocked when he heard such content.

He looked at the expressionless Mr. Fang and asked hesitantly: "Twitter and Freetrade have been suspended from yesterday to today. Is this...isn't it a coincidence? Will there be any problems with Yike's opening on Monday? "

There's nothing wrong with pinching your throat first and then your hands.

"It's been such a troubled time." Fang Zhuo sighed.

Luo Minghua frowned, wondering if there was anything he could do to help.

The problem is that this time the battlefield is thousands of miles away at the financial level. Not to mention him or Luzhou, even Shencheng may not be able to reach it.

"Brother Luo, I will probably have to return to Shanghai early, tomorrow at the latest." Fang Zhuo said, "The challenges Yike faces this time cannot be underestimated."

Luo Minghua nodded understandingly.

Judging from his feeling, it seems that the institutions shorting Yike are using off-market tricks.

Aren’t the media writing about the long-short game? How to gain access to the Twitter platform and trading platform? Wasn't it possible that the fire in Twitter's computer room was also caused by this group of people?

Couldn't even Mr. Fang defeat them?

Luo Minghua looked solemn.

"Bingxin still needs more care from the leaders." Fang Zhuo replied a message, arranged a phone call with Kong Yu, and continued, "Many people say that Bingxin is already the most successful semiconductor company in the country. This is not true. , the ice core is still very fragile and in urgent need of growth."

Luo Minghua is the person who is deeply responsible for ice core affairs and has also provided help to the Ice Core Wafer Service Alliance. He roughly understands what Mr. Fang means.

The car drove for a while, and Luo Minghua got off at a certain place.

Fang Zhuo waited for a while before dialing Kong Yu's phone number.

"They really took action against Freetrade. Lu Peining's uneasiness is quite accurate." Fang Zhuo asked, "How is Aoniu doing?"

"We haven't received the final notice yet, but overthrow is certain. Both Apple and Yike will be used as cases to rectify the development of the industry. The current consideration should be whether to announce the news before the market opens on Sunday or Monday." Kong Yu is still in Washington, guaranteeing Get the news as soon as possible.

Aoniu is the reference between the two to the good CEO of Shiyi.

——The reporter asked farmers, if you had 100 acres of land, would you be willing to donate it?

——Farmer: I do.

——What if you had a million?

——Farmer: I do.

——What if you have a cow?

——Farmer: No, I really have a cow.

——Are you willing to remain silent, pass the ITC ruling as usual, and give up hundreds of millions of dollars?

——Shi Yihao: I want to withstand the pressure and speak out for the industry.

This time, public opinion was used to instigate retail investors to form a group, which has actually been very successful.

This week's rise in Yike will inevitably force institutions to continue to add funds. If it continues to develop like this, it may be possible to break this round of short selling from institutions without Aoniu's seal.

However, if the organization skillfully picks up off-market moves, then there is no other way.

You are out of luck, and so am I.

If you target targeted eradication, from Twitter to Freetrade and possibly Go die and other factors in the future, I won’t be tit-for-tat and will only solve the problem from the source.

As for whether Shi Yihao, who can solve problems from the source, will face pressure, if so, he deserves it.

Fang Zhuo communicated with Kong Yu for a few more words and realized that the other person's mood was very stable, so he ended the call and prepared to wait for the final moment.

In principle, he prefers the news to be released on Monday morning, so that the institutions can be caught off guard. The confidence of retail investors who were dispelled over the weekend can be irrationally maximized. They are not only seeking profit, but also seeking revenge on the institutions.

Monday may have a performance that is not inferior to April, and it will also be the time for some of Kong Yu's funds to sell on highs.

The car arrives at the hotel.

As soon as Fang Zhuo got out of the car, he saw Phillip lingering at the door.

"Go back to Shanghai tomorrow." He informed briefly.

Phillip nodded: "Mr. Fang, have you received the news?"

"You guys really do anything for the sake of profit." Fang Zhuo said flatly, "You can't defeat Yike in the market, so why do you use such shameless methods?"

Philip said regretfully: "It just brings the market back to rationality."

"There are problems with Goldman Sachs always doing this. Yike's case is just a manifestation of the hatred of retail investors towards you. Without Yike, there would have been other situations. I believe that the SEC has also noticed your violations." Fang Zhuo seriously discussed, "Can Goldman Sachs always sit back and relax like this?"

"That's not my concern." Philip didn't want to talk about it, but said again, "Thank you very much for Mr. Fang's hospitality these past two days."

Fang Zhuo patted Phillip on the shoulder: "I am willing to entertain you."

He entered the elevator and went upstairs, while Philip took out his mobile phone and continued to exchange information with the United States.

It's daytime in America, the time when news brews and has impact.

Twitter is paralyzed, but Facebook can still function.

Some retail investors regrouped along previous interconnections.

But worse news followed.

Reporters reported that Nokia's new CEO Simons has led his senior management team to Washington and will have face-to-face communication with the ITC to discuss the infringement issues of Yike's latest releases of Mars3 and Selfy.

Other sources pointed out that Simons and his party will also meet with Apple to restart negotiations on mutual licensing of patents to avoid the risk of infringement.

At this time, the ITC's final ruling has been issued, and there is also a lawsuit against Yike's latest model. Nokia's one-on-one plan can have a better implementation basis.

Moreover, Nokia has cooperated with Microsoft in all aspects, and will also use Microsoft's influence to help negotiations during this trip to the United States.

This undoubtedly once again deepened retail investors' concerns about Yike.

There was news earlier that the ITC would handle Nokia's latest lawsuit as quickly as possible. This seems to be a trend that is gradually coming true.

A few hours later, the Go die website also announced its death, and retail investors lost another gathering place.

This is not just a problem of gathering places, but off-site factors are obviously continuing to exert force.

"Yike is in trouble. President Fang said before that their new models are fine and there is no need to worry about the impact of the sales ban. Now even the two new models may face problems, and the entire US market will be missing."

"Not only the US market, Nokia has also been sued in various European countries. Yike may only be in the Chinese market in the future. This stock price cannot be sustained!"

"Hold together, let's continue to hold together! As long as we hold together, we will rise!!"

"How is that possible? Can you understand some basic financial knowledge?"

Yike is facing troubles, and opinions are divided even among fanatical retail investors.

Fang Zhuo remained silent on his face and on Twitter, and remained silent on YouTube.

Without the recent likes from the King of Retail Investors, some of the gathering places that still maintain communication have become increasingly pessimistic.

Apart from the whole Yike incident, Fang Zhuo noticed Aoniu's latest trends.

President Shi Yihao took advantage of Saturday's time to visit the community in Washington, D.C., and was asked by reporters about the current recovery of the financial industry and policy changes.

Aoniu took the initiative to talk about the financial regulatory reform bill that has been rumored.

Since the financial crisis, administrative funding has been used to rescue Wall Street financial giants that are too big to fail, which has aroused widespread public dissatisfaction. In particular, it has caused an uproar when it was revealed that financial institutions received bailouts while paying huge dividends to their executives.

Aoniu has denounced this situation in front of the media before.

When a crisis breaks out and the crisis is over, can that be the end of it?

You have to express yourself no matter what.

Shapiro, the head of the SEC appointed by Ao Niu, has repeatedly stated that he will strengthen the review of the agency, taking the CDO fraud case of Goldman Sachs and the big short Paulson as a breakthrough.

At a larger level, the administration is discussing a more powerful financial regulatory reform bill, hoping to extend the regulatory scope to almost all financial fields and prevent systemic financial risks as a whole.

This bill, which may be the most stringent financial regulatory reform bill since the Great Depression, has certainly aroused dissatisfaction on Wall Street, including Goldman Sachs.

Aoniu talked about the necessity and prudence of the bill in front of the camera.

In addition, he also talked about the constraints of financial derivatives.

"We need to protect consumers and protect the normal operation of enterprises. Whether it is self-operated or derivatives trading, they should be included in the same standards. Hedge funds and private equity funds can no longer be unregulated shadow banking systems."

"Passing this bill will not be an easy task, and to achieve it we must overcome lobbying from a range of powerful interest groups, as well as opposition from a small minority determined to block reform."

"We can no longer let the people pay for Wall Street's mistakes."

Aoniu under the camera is very determined.

I'm late, I'll try another chapter during the day tomorrow.

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