Internet moguls are being held hostage by the entertainment system!

Chapter 504 TikTok is shorted, short sellers are crushed!

The next morning, as dawn was breaking, Chen Xiu grabbed Meng Ziyi, who had been tormented for half the night, and headed straight for the airport.

Upon arrival, the two boarded a private plane and returned directly to the capital.

While Meng Ziyi was catching up on sleep, Chen Xiu was on the phone the whole time, devising battle strategies (private planes can be equipped with network base stations).

When the plane began preparing to land, Chen Xiufang stopped and prepared to wake Meng Ziyi.

Looking at the smiling sleeping face with eyelashes like half brackets, Chen Xiu reached out and patted the soft cheek.

"Sister Meng, wake up."

"Ok?"

Meng Ziyi's eyelashes trembled twice, her eyelids squeezed open a crack, and then she slowly sat up, supporting herself on her body.

She stared blankly at the cabin environment, and when she saw Chen Xiu with a smile on her lips, her sleepy face suddenly widened.

"Brother Xiu, didn't you take a nap?"

"I need to handle my work."

"You're not in the early morning..."

Meng Ziyi turned to look at the flight attendant at the other end of the cabin, swallowed hard, and leaned closer to Chen Xiu, lowering his voice.

"Didn't you go to sleep at 3 a.m.? You got up again at 6 a.m. without resting. Can your body handle it?"

"What do you think?"

Chen Xiu gave a playful smirk and pinched Meng Ziyi's cheek: "I don't have any problems even if I don't sleep all night. Would you like a cup of coffee?"

"No need, I've had enough sleep."

"Then hurry up and get seated! The plane is about to land."

"oh oh."

Meng Ziyi pursed her lips, adjusted her seat, and occasionally stole glances at Chen Xiu with her beautiful, round, and clear eyes.

After confirming that Chen Xiu was not sleepy and was not forcing herself to stay awake, she leaned back in her seat with peace of mind.

Xiu-ge'er is so energetic... Looking at his profile, he looks even more handsome today.

In Meng Ziyi's view, the golden sunlight streaming in through the airplane window shone obliquely on Chen Xiu's face.

The light that converged on everything made his pupils appear somewhat transparent, his eyelashes were raised, and dust particles floated in the air, making Chen Xiu look distant and serene.

Meng Ziyi's eyes gradually narrowed, and the corners of his mouth subtly turned up.

After the plane landed at Beijing Capital International Airport, Chen Xiu had her assistant take the laptop to the helicopter next to her, while she took Meng Ziyi to the waiting van while the plane was preparing to take off.

"Sister Meng, you go back by yourself first. I need to rush back to the company to take care of some things."

"Ok?"

Meng Ziyi paused for a moment, then nodded quickly without raising any objections.

Chen Xiu walked over and hugged her, whispering "See you tonight" in her ear before turning around and walking quickly toward the helicopter.

Sitting in the car, Meng Ziyi watched Chen Xiu board the helicopter and fly away with a loud buzzing sound. There was an indescribable sense of melancholy on her bright and beautiful face.

In life, she can cooperate very well with Chen Xiu, and her lack of endurance is made up for by the other sisters.

However, after seeing just a small part of Chen Xiu's work today, Meng Ziyi suddenly felt that he couldn't keep up with Chen Xiu's actions.

It's not a matter of the size of the career, but rather that she's struggling to keep up with the workload and energy levels.

Just as the incredibly oblivious and naive beauty was starting to feel a little frustrated, a sudden beeping sound from her phone slightly diverted her attention.

Upon picking it up, Meng Ziyi's eyes lit up as quickly as the first rays of dawn.

The message she received was from Chen Xiu, and it was just a perfectly normal sentence.

"Sister Meng, I want to eat your codfish rolls tonight."

"Hahaha! Then let Chef Meng satisfy you!"

Holding her phone, Meng Ziyi smiled sweetly, and as the light and shadow shifted, a sense of enlightenment appeared in her eyes.

……

They flew from the port city back to Beijing Airport, and then took a helicopter from the airport back to the city.

After the plane landed, Chen Xiu quickly transferred back to the Douyin headquarters of Fangheng Fashion Center.

When he entered the CEO's office, Su Xiao and Zhang Yiming were already waiting there.

What about the call auction?

"Not ideal."

Zhang Yiming shook his head with a troubled expression and turned the computer towards Chen Xiu.

Chen Xiu went closer to check and found that the TikTok auction price displayed above had already dropped by 15%, with the current price at 44.2, below the initial offering price.

Su Xiao added, "The short-selling firm this time is Muddy Waters Research from Wall Street. Last night, taking advantage of Facebook's announcement, they directly released detailed financial statements for TikTok's first two years and repeatedly claimed that its valuation was severely inflated..."

"Are there any other organizations involved besides them?"

Chen Xiu asked, explaining that he had been conducting other investigations along the way and hadn't paid attention to overseas information.

Su Xiao shook her head: "Currently, no other institution has issued a statement. If you want to short sell, you have to make a big show of it to affect confidence."

"OK."

Chen Xiu nodded slightly and took her notebook from Luo Shikan, who was standing at the door.

After opening it, the densely packed numbers on it made Zhang Yiming and Su Xiao both lean over to take a look.

Chen Xiu explained, "Aside from the shares subject to lock-up periods, there are also cornerstone investors who subscribed to 5% of the shares in advance during the IPO (who also have a 6-month lock-up period), so the shares actually circulating in the secondary market are about 5%."

"Based on yesterday's trading volume, short-selling institutions can borrow up to 3% of the shares from stock dealers. However, due to our low proportion of outstanding shares and highly concentrated shareholding, it may only take a small amount of selling to trigger a significant fluctuation in the stock price."

"I believe this is one of the reasons why we have been targeted and become a target for short selling."

After listening to his analysis, Zhang Yiming and Su Xiao both turned their attention to the solution at the bottom of the report.

There were only four words written there: "Source of goods to the border!"
Zhang Yiming looked up at Chen Xiu with hesitation: "You want to take over?" "Short sellers lend out stocks, sell them at a high price, and then buy them back when the stock price drops, profiting from the price difference. As long as I take over all the stocks, they won't be able to buy them on the market, and in the end they'll have to sell at a loss and beg us!"

"Oh, you two thought of the same thing."

Zhang Yiming's teasing gaze shifted back and forth between Chen Xiu and Su Xiao.

Seeing this, Chen Xiu glanced at Su Xiao and immediately understood and laughed.

"Hehe, OK, let's release the announcement quickly."

“You were already prepared before you came in. I was going to explain, but since you’ve already come up with this method, let’s just release it directly.”

Su Xiao pushed up her glasses and was about to go behind her desk to call Zhou Shouzi when Chen Xiu suddenly stopped her.

"Sister Xiaoxiao, wait a minute!"

"Ok?"

Following Chen Xiu's gaze, Su Xiao saw that the TikTok stock trading page on Zhang Yiming's computer had already opened, but it did not fall as expected.

The candlestick chart representing the stock price was fluctuating rapidly, going up and down, which was quite exciting.

Chen Xiu opened the real-time trading window, and Su Xiao quickly moved closer to him. Zhang Yiming thought for a moment, then got up and sat down on the other side.

The live trading data shows a large sell order being placed, followed by multiple buy orders.

The stock price was held at around 43 yuan, and the two sides were deadlocked for 5 minutes. The trading volume had reached 3%, and many small investors began to raise their selling prices.

43.1, 43.2, 43.3, 43.5...

Chen Xiu and the other two looked at each other, completely bewildered.

"Dingle bell! Dingle bell!"

The sudden ringtone startled the three of them. They then checked their phones for the same ringtone, and finally Su Xiao and Zhang Yiming's eyes were fixed on Chen Xiu.

Chen Xiu held her phone, and the caller ID on the screen clearly showed Ma Yun!

Upon answering the call, Chen Xiu put her finger to her lips to remind the two people, and simultaneously turned on speakerphone.

The timing of Ma Yun's call was too coincidental, making him think twice.

"Good morning, Mr. Ma!"

"Haha! You must have gotten up very early today. Are you in Hong Kong or Beijing now?"

really!

Chen Xiu turned and exchanged glances with Su Xiao and Zhang Yiming, then continued speaking into the phone, "Mr. Ma, I've returned to Beijing."

"You were having a thank-you banquet last night, and now you're in the capital. Tsk tsk, youth is truly wonderful."

Ma Yun sighed for a moment, then brought up the topic that Chen Xiu and the other two had already guessed.

"Mr. Chen, TikTok was very active today, and I couldn't resist buying a little something. You don't mind, do you?"

Chen Xiu pondered for a moment, then didn't look at anyone else.

"Mr. Ma, how much is 'one point'?"

"Well, it's about 0.8% now. If there aren't two other companies competing for it, it should be even higher."

Even at 0.8%, the lowest opening price today would still amount to several hundred million US dollars.

Chen Xiu pursed her lips slightly and asked doubtfully, "Mr. Ma, do you have a positive outlook on the future of TikTok?"

"Of course!"

Ma Yun answered affirmatively, and then added meaningfully, "President Chen, I am very optimistic about the future of TikTok, and I hope that our two companies can have more cooperation."

"OK..."

"Ah! The short seller has stopped selling. Hehehe, he probably sensed something was wrong."

"Mr. Ma, it's not appropriate for us to discuss these things over the phone."

Chen Xiu pursed her lips, already understanding in her heart that Ma Yun's actions were those of a friend, not an enemy.

"Haha! What I'm telling you is all about real-time transactions, so it's not against the rules."

"Mr. Ma, when are you free? I'd like to invite you to dinner... Excuse me, another call came in."

Chen Xiu looked at another incoming call message on her phone; it was from Pony Ma.

"It's okay, I'll be done soon. Besides telling you about this, I also wanted to invite you to the AI ​​conference in Shanghai in August. Are you free?"

"Hmm~ (At this time, they should still be filming, so I'll ask for leave), I'll go."

"Okay, then I won't bother you any longer, bye-bye."

"Bye-Bye."

Chen Xiu hung up Ma Yun's call and then answered Pony Ma's call.

"Hey, Mr. Ma, what's wrong?"

Zhang Yiming curled his lip upon hearing this, thinking to himself: There's no need to change the way we address each other.

Although the way they addressed each other remained the same, their speaking styles were completely different. Pony Ma on the other end of the phone was less unrestrained and bold than Ma Yun.

"I had something to do, but I don't have anything to do now. I wanted to ask when your movie will start filming so I can make some time arrangements."

"Oh."

Chen Xiu picked up her phone, turned off the speakerphone, and received a surprised look from Zhang Yiming, as well as a teasing look from Su Xiao.

"Mr. Ma, filming for the movie starts on the 1st of next month. Your cameo appearance is scheduled for the end of July and will take about a full day. Do you think that's possible?"

"OK! No problem."

After saying that, Pony hung up the phone.

The TikTok stock price displayed on the computer screen has returned to $50.

(End of this chapter)