Chapter 49: Stock Market Panic, Tough Attitude

Almost everyone around the world is paying attention to [Chaoqun Group].

Targeted by almost all countries around the world.

This pressure is immense.

Many employees within [Chaoqun Group] are worried.

I am afraid that [Chaoqun Group] will collapse suddenly after suffering such a heavy blow.

Only a small number of senior executives who know the financial situation of [Chaoqun Group] do not have this worry, but they are still a bit worried.

The main concern is that the group's future development may be hindered and not as smooth as before.

Wu Siyuan, who came back from the world of [Yi Ding], knows all these situations.

He was originally studying the cultivation techniques brought from the world of [Yi Ding] at home, and did not want to get involved in foreign affairs.

But all kinds of urgent phone calls kept him off guard and made him unable to feel at ease, so he had to go out and hold high-level meetings to calm people down and respond to the external situation.

This is why [Chaoqun Group] did not respond immediately after facing market bans from most countries around the world.

Originally they thought that the [Chaoqun Group] was frightened, and some [KMT-haters] were still ridiculing the [Chaoqun Group] on the Internet for being harsh and timid, being scheming without making any decisions, doing big things without sacrificing their own lives, and forgetting their lives for small gains. [Chaoqun Group] are like idiots who dare to stir up trouble but dare not take it upon themselves!

Fortunately, after two days of silence.

[Chaoqun Group] After Wu Siyuan finally held a high-level meeting, the person in charge of the public relations department quickly invited reporters and other important people to hold a press conference.

The person in charge of the public relations department said, "History will prove that only fair rules can unite people's hearts."

"Regarding this matter, anyone with a discerning eye can see who is right and who is wrong! Our group will not make too many comments."

"Some countries have united to suppress the [Super Group] for some ulterior purposes. We just want to say that this kind of behavior will not only fail to achieve their despicable purposes, but will also seriously damage the interests of the people in their countries."

"Since they prohibit us from bringing them convenient services, we will not ask for them!"

"Because by rejecting us, it's their loss, not our group's loss."

"Because behind our group are 1.4 billion people with one heart and one mind, they are the foundation for our group to stand in the world's competitive forest!"

"We will focus on China and invest more in China!"

"In fact, we have been doing this all the time. Domestic investment has brought huge profits to our group, and this kind of profit can completely make up for our losses abroad."

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[Chaoqun Group]’s external speech was very good.

But it can't change the outside world's confidence in it.

Almost most people believe that [Chaoqun Group] will be severely damaged in this attack.

Maybe [Chaoqun Group] will not go bankrupt, but [Chaoqun Group]'s profits will be greatly reduced, which will bring about a series of chain reactions, and may even cause more serious consequences.

The morning after the news came back to China, several listed companies under [Chaoqun Group] fell by the limit as soon as they opened.

Related companies in its supply chain have also continued to plummet.

In fact, [Chaoqun Group] was blocked only for its software services, which mainly affected the company [Xuanjie Technology], and other businesses were not affected at all.

But the market doesn’t recognize you at all.

Amid the panic, everyone is frantically selling the stocks of several listed companies under [Chaoqun Group].

How much I loved it back then, I hate it now.

Its crazy downward trend directly caused the entire market to turn green and fall by one or two points. The limit of 1,000 shares is a bit exaggerated, but the limit of 100 shares is far more than that.

On this day, at least hundreds of billions of dollars of wealth evaporated in the stock market, and it was a day of mourning for countless investors.

The third day.

I originally thought that the stock market would rebound, but at the beginning, the listed companies under [Chaoqun Group] fell to the limit first.

Being dragged down by them, the stock market turned green again.

Countless investors silently turned off the lights and ate noodles with tears in their eyes.

Even in the afternoon, a national team entered the market to boost the stock market, but it was immediately turned back to green by retail investors who were selling crazy.

The fourth day was also the day when [Chaoqun Group] responded to the outside world. Although [Chaoqun Group] vowed that the loss of overseas markets would have little impact on it, the market still did not buy it. [Chaoqun Group]'s affiliated companies still fell. Fall, fall!

The fifth day, the eighth day, the ninth day...

[Chaoqun Group] The stocks of related companies have just entered a period of shock, but they still turn green from time to time.

The stock fell so badly that Wu Siyuan almost fell from his position as the richest man, and was overtaken by Musk, a new car-making force.

Naturally, this guy reached a cooperation agreement with Shenshi and built a new energy automobile factory. The explosive production capacity greatly alleviated the order delivery problem of his new energy automobile company. This was reflected in the stock market, with the stock price constantly hitting new highs. So much so that his personal paper wealth grew rapidly.

Of course, ordinary people's wealth is no longer taken seriously by Wu Siyuan.

He is also aware of the plight of stock investors, but he will not care about it.

He has asked people from the public relations department to tell the outside world that the loss of overseas markets will have no impact on [Chaoqun Group]'s performance.

If they believe in [Super Group], they will definitely reap rich fruits in the end.

If you don't believe Wu Siyuan, you will have to bear the losses yourself.

In fact, this is also a problem of poor information.

Many investors do not have enough sources of information, so they can only be led by the nose.

And Wu Siyuan knew through [Four-Armed King Kong] that some executives were secretly increasing their holdings of stocks of [Chaoqun Group]-related companies through agents. They knew the true profitability of [Chaoqun Group]. How strong!

This situation is of course illegal in the stock market.

Of course, as long as you don't go too far, no one will go out of your way to check.

The scallops from [Zhangzi Island] ran away again and again before, but what was the punishment in the end?

Compared with this, the above situation really pales into insignificance.

Wu Siyuan saw that the stocks he increased his holdings were very few, and he had no intention of malicious speculation. After thinking about it for a while, he let it go.

Wu Siyuan's focus now, or the focus of [Chaoqun Group]'s work, is to deal with the aftermath of those blocked businesses abroad.

Western countries have always thought that the [Super Group] would compromise and kneel to them.

But I didn’t expect that [Chaoqun Group]’s attitude would be so tough.

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