The Entertainment Industry in Turmoil: Young Actresses All Want to Rise to the Top

Chapter 330 The Hunt

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The next morning, Shen Mo arrived early at the trading room of Mohen Asset Management.

As soon as the opening bell rang, the intraday chart of LeShi.com rose almost vertically upwards at a 90-degree angle, like an out-of-control rocket.

The dozen or so screens in the trading room reflected in Shen Mo's pupils, all of them a glaring scarlet, with stock prices fluctuating so fast that they were difficult to detect with the naked eye.

172————175————17.·——

Ultimately, it surpassed the highest point of LeShi's stock price a year ago—179 yuan.

On the screen to Shen Mo's left, the comment section of the stock forum had completely descended into a state of collective hysteria.

[Happy to try it out!]

[Boss Jia is taking me flying!]

[Reaching for NT$200! Aiming for the stars, the short sellers are terrified!]

This is the taste of conviction, and this is just the beginning!

Anyone selling at this price is a fool! Go all in! Go all in!

Looking at the flood of comments filling the screen, Shen Mo couldn't help but curl a sneer at the corner of his mouth.

Looking at the towering sunbeam, he finally couldn't help but chuckle softly.

"These old foxes, their behavior is really ugly."

"Before running away, they were thinking of taking some people down with them."

He knew all too well the tricks behind this surge.

Those large institutions that received his message yesterday are using their available resources to drive up the price.

They want to create the illusion that "all the bad news has been priced in and new highs are coming" to lure greedy retail investors into the market to "take over" at this time.

Only in this way will they have a chance to escape first.

"Mr. Shen, retail investors are going crazy! The trading volume of the bulls is skyrocketing." Zhao Feng stared at the order book, his voice brimming with excitement.

Shen Mo nodded, rubbing his fingertips, his eyes returning to calm.

"Retail investors have already created the right atmosphere."

"Start entering the market now, keeping each short order under 500 lots, breaking it down into smaller ones, and taking advantage of the bulls' enthusiasm to put our short positions in."

In stark contrast to the frenzy among retail investors outside the market, the atmosphere inside the proprietary trading offices of giant securities firms like Junan and Zhongxin was completely different from the celebrations outside.

"The verification results are in!"

Jun'an's chief analyst held a document in his hand, which was the result of their own verification through their own channels after receiving the materials from Mohen yesterday.

"Absolutely certain."

"The flow of funds to LeShi's shell companies in Shanghai and Shenzhen has indeed stopped. The information Shen Mo gave us is just the tip of the iceberg."

"Beneath the foundation of this 1500 billion market value lies a mountain of mines."

"Damn it! That Jia guy is treating us like fools!"

Without hesitation or pity, the major institutions that were originally "allies" of LeShi instantly turned against them.

In the world of capital, there are never permanent friends, only hunting dogs that run faster.

Instead of supporting the market, these institutions frantically dumped their existing holdings on excited retail investors during this opening surge.

Then, following the lead left by Shen Mo, they turned around and sent back the short selling funds that had been urgently mobilized yesterday afternoon.

Since the building is about to collapse, they not only want to evacuate safely, but also to suck blood from the ruins one last time.

10 o'clock sharp.

Just as retail investors were still dreaming that the stock price would break through the 200 yuan mark, several financial vertical media outlets and small and medium-sized media suddenly launched an attack.

Breaking News! LeShi Sports' subsidiary is mired in debt, with over 30 billion yuan in copyright fees still outstanding.

On the eve of LeShi's collapse: Sports copyright debts exceeded 30 billion yuan, and the cash flow completely broke!

Exclusive Scoop: Several Subsidiaries of LeShi Have Begun Defaulting on Wages – Is it an Ecosystem Dream or a Scam?

The news article not only included text but also several extremely blurry but highly suggestive screenshots of financial transactions.

The news instantly caused a stir on various stock forums, Xueqiu (a Chinese investment platform), and financial communities.

Funds that were previously hesitant at high levels sensed impending doom within those few short minutes.

On the intraday chart of LeShi.com's stock price, the soaring momentum seemed to have been abruptly cut off by a giant hand.

"The timing is right."

Shen Mo stared at the screen and coldly uttered a single word.

"Smash it!"

On the trading screen, the tens of thousands of buy orders were instantly cancelled, replaced by a dense, surging wave of sell orders and large, strange short orders.

As the ink mark made its move, the green sell orders on the screen exploded into an astonishing waterfall-like flow.

"Those organizations also took action."

That once towering red bullish line seemed to have its bones ripped out, collapsing instantly.

The stock price began a suicidal plunge: 175, 170, 165—

That speed was even more despairing than the upward surge; all you could see was a ghastly green light.

"This is the power of capital."

Within just twenty minutes, the stock price was forced back down to the opening price, and even showed signs of continuing to plummet.

The retail investors who were just shouting "heading towards 200 yuan" in the comments section suddenly fell silent.

What's going on?! Weren't you just about to top up 200?!

[This is a pig butchering scam! It's definitely a pig butchering scam!]

[Those who bought in for 179 yuan, come out and report your numbers. Are there still enough seats on the rooftop?]

[Institutional investors have fled; massive sell orders are pouring in, leaving retail investors with no chance to escape!]

[It's gone wrong! I just went all in, and the margin call warning has already started!]

[Ten minutes ago it was all so-so, ten minutes later it's all so-so, this is more thrilling than a roller coaster!]

[Check the financial news! They say his cash flow dried up and he owes 30 billion! No wonder the market crashed so badly; is Jia Yueting really going to abscond?]

[I see now, the morning's surge was just a trap to lure in more buyers. These institutional investors are ruthless; they're trying to bury hundreds of thousands of retail investors alive!]

The previously enthusiastic buying has been completely wiped out by the overwhelming selling pressure.

Shen Mo leaned back in his chair, looking at the lightning rod candlestick chart that had left a long upper shadow, and said softly.

"Now, it's Boss Jia's turn to step in and debunk the rumors."

This battle not only caused bloodshed in the financial world, but also caused an uproar in the "Five Beauties of Ink Trace" group chat.

Shen Mo had previously told them that they could go in and make some money when Le Shi resumed trading, and yesterday afternoon he reminded them again to leave as soon as possible.

Bai Mengyan: [Screaming][Spinning] Brother Mo is so awesome!

Bai Mengyan: [I listened to Brother Mo and sold yesterday, and today LeShi's stock price skyrocketed. I was a little regretful, but now I think I was right to listen.]

Bai Mengyan: [Did everyone listen to Brother Mo? They should all have made money, right?]

Wang Churan: [I had my mom help me with the arrangements. I just calculated it, and all my expenses for four years of university are covered! Mo Ge is practically a reincarnation of the God of Wealth.]

Liu Haocun: [Yeah! I just transferred the money back to Brother Mo for the compensation he helped me with. I still have a lot left. For the first time, I feel like a rich woman — [shy]]

Bai Mengyan: [Haocun is so good! I just did the math, hehe, it's enough to buy that little sports car I've been wanting for so long!]

Bai Mengyan: [@Meng Ziyi, Sister Meng, you're usually the most active in our chats, why are you lurking today?]

Meng Ziyi: [Currently selecting a house! Do not disturb!]

Wang Churan: [???]

Liu Haocun: [???]

Meng Ziyi: [Originally, I just wanted to earn some money for handbags, but it seems like I've accidentally earned enough to buy a house in Beijing. [Evil grin]]

Bai Mengyan: [God! 】

Wang Churan: [God! 】

Liu Haocun: [God!]

Bai Mengyan: [Why isn't Tian'er saying anything?]

Meng Ziyi: [Did you not make any money?]

Wang Churan: [Does this mean you don't trust Brother Mo's judgment?]

Liu Haocun: [Tian'er is probably filming a movie.]

Tian Xiwei: [Yawning] Look at all of you, so pathetic!

Bai Mengyan: [Tian Xiwei! I'm giving you one more chance, speak properly!]

Tian Xiwei: [I have no idea how much I made. I gave my account to Brother Mo on the first day trading resumed.]

Liu Haocun: [True God! [Worship]]

In the securities department office at LeShi headquarters, the sound of keyboards being tapped could be heard everywhere.

"Mr. Jia, something's happened!"

The head of the securities department hurriedly pushed open the door to Boss Jia's office.

The moment Boss Jia saw him, he instantly realized what was happening and opened the stock chart of LeShi on his computer screen. His pupils then contracted sharply; it was a horrific scene.

The bar chart for transaction volume almost pierced the top of the screen; in just over an hour, it had surpassed one billion.

"One billion —"

Mr. Jia muttered to himself, his palms sweating profusely.

This was not a commotion that retail investors could create. He didn't have time to think about who stabbed him in the back before he slammed his fist on the table and stood up abruptly.

"Notify all senior executives: I need to see everyone in the conference room within three minutes! Get yourselves here!"

Soon, bold headlines popped up on LeShi's official website and major social media platforms.

**Formal Statement:** The rumors surrounding the LeShi Ponzi scheme are completely unfounded. We reserve the right to sue those spreading these rumors!

This menacing statement served as a temporary measure to stem the bleeding.

Seeing the statement, some retail investors with illusions began to buy at the bottom, and the stock price rebounded.

"Great rebound! Great rebound!"

Inside the trading room of Mohen Asset Management, Shen Mo held a cup of coffee, a cruel smile playing on his lips.

"This is such a great opportunity, we've been waiting for you to refute the rumors!"

"Zhao Feng, buy more!"

"clear!"

The rebound in stock price didn't last long before it was instantly pushed back down by hundreds of thousands of sell orders.

On the trading screen, the red buy orders were instantly swallowed up by a sea of ​​green sell orders, shattering the confidence of retail investors.

"My friends, we have reached a critical moment of life and death."

Boss Jia waved his fist in the conference room, his face flushed red.

"I demand that all senior executives purchase additional shares on the secondary market today!"

"We need to give the market confidence and show those short sellers that the 'experience-seeking' crowd isn't completely wiped out!"

The executives looked at each other, then nodded in agreement to show their loyalty.

However, after the meeting ended, Boss Jia quickly slipped into the restroom, locked the door behind him, and dialed a secret number, his voice low and almost menacing.

"Sell all the unpledged shares under my name immediately! Be quick, while there's still liquidity!"

It wasn't that he gave up too easily; it was because his own family understood his own situation.

These were things he had kept hidden all along. Since the other side was able to dig them up and strike precisely, it meant that his true colors had been seen through.

Moreover, the price was first driven up to historical highs, and then a frantic sell-off began. In less than an hour, more than a billion yuan of funds entered the market, proving that this was not the behavior of retail investors, but rather an organized and premeditated short-selling institution.

These short-selling institutions are driven by profit; their willingness to dump shares like this proves they have sufficient confidence, and that confidence is precisely their weakness.

Rather than waiting for the other party to dig out your roots one by one, and then suffer a fate worse than death, it's better to run away first.

Anyway, they've earned enough and taken everything they were entitled to; this LeShi is just an empty shell now.

He could tell that the other party wasn't revealing all the information he had uncovered at once because they didn't want the stock price to collapse too quickly; otherwise, they wouldn't be able to invest much capital.

They want to throw out a bit, refute a bit themselves, then throw out another bit and refute it again.

This way, the stock price will be pushed down, then pushed up, then pushed down again, then pushed up again, giving them enough room and time to enter the market.

Once they've all entered the market, that's when the real sell-off will begin.

But now, he has no choice but to cooperate.

Because he also wanted to run away.

As for these so-called increases in holdings now, they are just to buy time so that he can escape with a little more money before the stock price collapses.

In order to stabilize the market, he chose to bring in these star shareholders.

The time has come when I'll need your help.

Zhang Guoli, Zhang Yimou, Feng Xiaogang, Wu Ersan, and even top celebrity Wu Fanfan have all given interviews or posted on Weibo.

"I believe in LeShi, and I believe in Boss Jia."

"I've already increased my holdings, and I'm willing to stick with Le for the fore."

The endorsement of top directors and popular celebrities acted like a shot in the arm, miraculously stabilizing the previously volatile and declining stock price near the opening price.

The market seems to be hesitant: Could it really be a rumor?

"Celebrity endorsements? They only do that because they don't realize they're doomed."

Shen Mo sneered and played the second card he had been planning for a long time.

Previously, he had used special channels to expose the true financial black hole of LeShi to several celebrity shareholders who were not top executives.

But Shen Mo knew that even if he told them, they still couldn't escape.

Because in order to invest, they basically signed a three-year lock-up agreement, and even signed an agreement to film several films and TV series for Le Shi within a few years. It can be said that they were firmly tied to Le Shi's chariot.

But faced with this stark financial data, the plummeting stock price, and the impending loss of their wealth, none of them could remain calm.

Soon after, several financial media outlets reported: "It is understood that several prominent shareholders of LeShi are privately contacting asset stripping firms, attempting to transfer their restricted shares at a low price!"

The news caused a huge uproar in the market.

A large number of media outlets rushed towards the various companies and film crews with their cameras and microphones, and those who had contact information began making phone calls.

Is it true that there are problems with LeShi's financial data?

Is the news about the share transfer true?

Has the share transfer been finalized?

However, when faced with the camera, the celebrities almost disappeared, and their management teams stammered and evaded the question.

but!

No answer is the best answer!

When this signal reached the stock market, its impact was no less than that of a nuclear bomb. The stock price instantly reversed course and plummeted, directly breaking through the buying pressure below.

Half an hour later, the news that "#LeShi executives collectively increased their holdings" became a trending topic.

LeShi's public relations department issued a statement saying, "The celebrity shareholders simply don't understand the complexities of capital operations, which is why they were misled by rumors."

"But the executives who know the company best and hold the books are buying! Doesn't that say it all?"

This move was indeed ruthless. The stock price was pulled back from the brink of hitting the daily limit down and remained at an extremely low level, fluctuating repeatedly. Although it stopped rising, it at least stopped the suicidal collapse.

After several rounds of repeated "rebound-sell-off-rebound-sell-off" cycles, retail investors in the market finally realized what was going on.

"This water is too deep. Even gods are fighting. If we go in, we'll just be ashes."

The online forum went from being enthusiastic to completely silent.

The previously active small-scale funds disappeared, and an eerie silence appeared on the trading screen of LeShi.

That was the critical point when retail investors were utterly desperate and major players were holding their breath in anticipation.

In the office of Mohen Asset Management, Shen Mo looked at the screen showing shrinking trading volume and slowing fluctuations, and breathed a sigh of relief.

"The tug-of-war is over; the retail investors have all run away."

"How many bullets have we fired?"

Zhao Feng glanced at the final statistics on the computer: "Excluding the 15 billion that entered the market earlier, the 40 billion we have prepared for the later period, with triple leverage, is approximately 120 billion."

"Today, 40 billion has already entered the market, and the other institutions we invited have invested more than 60 billion."

Shen Mo stood up, walked to the huge floor-to-ceiling window, looked down, and his eyes revealed a chilling composure.

"With billions of dollars in short positions looming overhead, the entire financial sector is now firmly in a bearish trend."

"Zhao Feng, there's no need to wait for positive news to drive the price up any further."

"Pass the word: launch the final assault as soon as the market opens this afternoon."

"I want to make the K-line of LeShi completely become a vertical straight line."

Shen Mo looked into the distance, towards the direction of Yue Shi.

"Boss Jia, you've got the checkmate!"

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