Chapter 119: Collapse on all fronts

All day on the 27th, Chen Qiaoshan was cautious.

After all, the basket of this stab is not small, and Delong is not a small role to be kneaded, and he is really a little worried about the threat to his personal safety.

Of course, the day was peaceful, and the Peking University campus, as usual, did not have the same turbulence as the financial markets.

Chen Qiaoshan is actually a little sure in his heart, the foundation of the Delong system is in northern Xinjiang, and it is a new consortium that has only been born to rise for a few years, and it may not have so much influence on Yanjing's side.

At the same time, Peking University is not an ordinary place, not to mention the influence of the school, as far as Guanghua School of Management is concerned, it should not be underestimated.

In front of Guanghua Building, you can often see an Audi with a license plate of Beijing OA7, Chen Qiaoshan has seen it more than once, and he only knew that this is the dean's car after listening to the introduction.

In Guanghua, 7172 has become the dean's pronoun like Li shares.

Chen Qiaoshan didn't know anything about Yanjing's license plate, but he was popularized by people when he turned around.

The license plate belongs to the Central Government Office, which is not surprising, Wu Market is the think tank of the previous government, and the same name Li shares get this treatment.

The most important reason why Chen Qiaoshan is so sure is that it is not the first time that the Delong family has fallen into the whirlpool of public opinion.

The top management of the Delong Group may not have realized that it is now a moment of life and death, maybe they have known it for a long time, but they have been deceiving themselves.

The first time Delong's department was questioned occurred two years ago, when Professor Lang of Hong Kong Chinese University was the first to open fire.

Chen Qiaoshan knows that Professor Lang will be very active in the domestic economic circles in the next few years, but no matter how you look at him, he does not look like a serious economist, after all, whether it is to help people launder people, stand up for leather bag companies, or build momentum for scam companies, it is not a scholar's job.

The most unbelievable thing is that Professor Lang actually used his rich financial knowledge to pit his mistress for 9 million, which is simply ruined, no wonder there is a saying circulating on the Internet, Professor Lang defeated 99% of the world's economists in terms of sleeping women and circle money.

As early as 01, Professor Lang issued an article questioning the risk of redemption of the financing platform under the Delong system, but it did not have any substantial impact on the Delong system at that time.

The result of the matter was unexpected, after the fall of the Delong Department in 04, Professor Lang became famous because of these remarks.

Of course, under the current situation, Chen Qiaoshan will not let Professor Lang specialize in beauty, and he has also tried his best to achieve his goal, and he did not hesitate to risk being hacked and personally reported to the CSRC.

The report letter was sent half a month ago, but there has been no response so far.

Chen Qiaoshan is not surprised at all, if he receives feedback, it will be called an accident.

Chinese investors are the most honest investors in the world, and today's Shanghai and Shenzhen stock markets are the most unregulated stock markets in the world.

Many listed companies do not pay dividends for more than ten years, and even more, the same company is listed at the same time at home and abroad, and the foreign market pays dividends every year, and the domestic market does not pay dividends all year round.

Stocks are tradable shares of listed companies, and if you buy stocks, you are shareholders, and you don't pay dividends if you invest money.

This kind of strange thing happened in the domestic stock market, but the China Securities Regulatory Commission has not acted, or turned a blind eye.

Chen Qiaoshan didn't expect the CSRC to intervene with a report letter, he just made a gimmick to attract the attention of public opinion.

There is no doubt that Chen Qiaoshan succeeded this time.

Now the Internet is full of news that Delong was reported, but fortunately, Sina Finance knows the proportions and hides his surname in the news report, but Peking University Qiaoshan has really made a name for himself in the financial world this time, and this is exactly what Chen Qiaoshan needs.

The 28th was the weekend, and the day passed peacefully, and Chen Qiaoshan knew that this was just the calm before the storm, and the real storm was brewing.

In the past two days over the weekend, Delong Group issued three announcements in a row, clarifying in every possible way that Delong did not withdraw funds from Tunhe shares, but all the justifications were very pale.

In fact, Delong Group wants to clear the suspicion very simply, they only need to show the share delivery records with Weiling Group, as well as the details of capital transactions, but they did not do so, which is almost self-confession.

The capital market is the most ruthless, and the law of the jungle is the basic rule of survival.

The amount of funds offset by Tunhe shares in the Huiyuan transaction exceeded 300 million yuan, and more than 100 million yuan was involved in hops violation guarantees, and the net profit disclosed in the company's annual report last year was less than 80 million, which undoubtedly involved the concealment and falsification of the annual report.

Chen Qiaoshan understands that in terms of current market expectations, the future of Tunhe shares is worrying.

He waited quietly, tomorrow's stock market is the time to test the phased results, he believes that this time Tunhe shares in the catastrophe, more importantly, if the situation deteriorates, the Securities Regulatory Commission is bound to intervene in the investigation, then everything will be settled.

Sure enough, at 9:15 on September 29, the stock market just began to set up a auction, Tunhe shares appeared a large number of sell orders, 9:30 just arrived, the stock price fell rapidly, to 10 o'clock in the morning, the stock price fell 4%, and it took only 15 minutes, Tunhe shares dived directly, down the limit.

Today has created a history, since Delong took over the old three shares, this is the first time that the old three shares have fallen limit.

Tunhe shares of the limit caused a chain reaction, Delong Department of Hunan Torch and alloy investment panic selling, as of the closing, Xiang Torch fell 4.1%, alloy holding at the end of the suspected institutional funds into the market, the stock price rose sharply, 0.4% throughout the day.

Dragged down by the old three shares, the seven listed companies held by Delong have dived.

As of 3 p.m., the cumulative evaporated market value of Delong exceeded 3 billion yuan.

On the night of September 29, some netizens posted on the Sina Financial Forum that the China Securities Regulatory Commission planned to investigate the suspected concealment and falsification of Tunhe shares' annual report.

In the early morning of September 30, Sina.com released a headline that the China Securities Regulatory Commission urgently interviewed the executives of Tunhe shares.

In the early morning of September 30, Delong Group issued a statement that all the accusations against Peking University Qiaoshan were false, and the group planned to file a civil lawsuit against Peking University Qiaoshan (Qiaoshan) and related news media.

At half past 9 o'clock in the morning, Tunhe shares opened and fell to the limit, and as of noon, Hunan Torch fell 4.1%, and alloy shares fell 2.1%.

When Chen Qiaoshan saw the news in the morning, he immediately felt relieved, just take legal measures, he was really afraid that the other party would play yin.

At 12 o'clock at noon, Sina.com headlines published a short message, and Qiao Shan of Peking University exclusively issued a three-point statement on Delong's accusations.

First, Tunhe shares were involved in insider trading, illegal misappropriation of funds of listed companies, and falsification of annual reports.

Second, Delong is suspected of manipulating the stock market.

Third, Delong Group is welcome to take legal measures to protect its legitimate interests, and also advocates that the majority of shareholders take up legal weapons to protect their own interests from loss.

Chen Qiaoshan did not provide detailed evidence this time, but only reiterated at the end of the statement: Delong's old three shares, whether the stock price should rise or fall, itself is the best evidence of manipulating the stock price, if you have any doubts, you can consult relevant economists, such as Professor Yan Zhijie of the School of Economics and Management of Peking University.

This statement was published in a prominent position on the headlines of Sina.com, which also created a history, and the three major domestic portals issued a personal statement on the homepage for the first time.

As soon as the news came out on Sina.com, the market shook.

At 13 o'clock in the afternoon, Hunan Torch opened with a limit, and as of 15 o'clock, Alloy Holdings fell 7.1%.

At 16 o'clock in the afternoon, Sina Finance exclusively disclosed that on September 29, QFII bought 300,000 shares of Alloy Holdings yesterday, with a floating loss of nearly one million in one day.

This is the first time since the stock market reform in the middle of the year that a foreign-funded institution has intervened in the old three shares of Delong, but unfortunately it has not been able to stop the decline of alloy holdings.

As of the closing of the market, Delong Group's book loss exceeded 6 billion, and the cumulative evaporated market value in two days approached 10 billion.

On the afternoon of the 30th, Chen Qiaoshan had a professional English class, and he was a little restless all the time.

Now that things have gotten bigger, the next few days coincide with the eleventh long holiday, and he knows that he must be extremely careful, who can't guarantee that Tang Wanxin will not jump off the wall in a hurry.

As soon as the bell rang for the end of class, Chen Qiaoshan picked up the textbook and slipped away, making the teacher who was still lecturing on the podium extremely dissatisfied.

This class is a small class of the experimental class, everyone is very familiar with each other, they watched Chen Qiaoshan leave the classroom in a hurry, and there was a lot of discussion for a while.