May 1999.

Infinity issued an announcement that it would fully withdraw from the mainland market due to business adjustments.

As soon as this news came out, it caused a violent shock around the world.

A number of foreign-funded enterprises in China have sent representatives to infinity companies to explore the wind.

They really don't understand why they suddenly said they were going to quit.

This is the largest foreign-funded company stationed in China since the opening up.

They're all gone, and something big must be going to happen.

However, the answer they received was only four words: "Force majeure."

Everyone quickly thought of the recent rumors of Infinity Corporation, and immediately understood everything.

Wait for these people to go back.

Many foreign-funded institutions are preparing to invest in projects, which have also been urgently suspended, and the reasons they give are also very consistent, the company's business adjustment.

More specifically, no comment.

No one dares to invest in such an uncertain situation, let alone this period, foreign capital is very sensitive, for fear that their assets will be confiscated.

The impact of this event has been directly reflected in the capital market.

A large number of foreign investors in the A-share market have begun to flee frantically, coupled with the recent large increase in the stock market, and the number of profit-taking orders is relatively large.

Their sell-off soon triggered a herd effect that exacerbated the stock market decline.

After Labor Day, the first trading day plummeted by 8%!

There are nearly 900 stocks with a falling limit.

However, the matter is far from over.

Infinity Private Equity began to submit an announcement to the Hong Kong Stock Exchange for the sale of shares.

Last year, because of the bailout, they bought a large number of shares in the Hong Kong stock market and became the majority shareholders of many companies.

Therefore, the sale of stocks needs to be announced two trading days in advance.

At that time, these stocks had reached a market value of 150 billion Hong Kong dollars.

Now that the economy is gradually recovering, the Hang Seng Index has risen for more than half a year and is close to the 20,000-point mark.

With the rise of the broader market index.

The market value of these stocks has also risen, reaching an astonishing more than 250 billion Hong Kong dollars!

More than 700 sell-off notices were submitted to the Hong Kong Stock Exchange, and they were frightened to urgently convene relevant meetings.

It was suggested that their request should be dismissed.

Because the impact is so great, if the 250 billion Hong Kong dollars of shares are sold together, the consequences will be greater than the impact of last year's financial crisis.

At that time, the stock market will fall by at least 10,000 points!

But someone immediately said: Xiangjiang's financial market has always been known for its freedom, and it is legal for others to sell, if we reject it, what will the market think of us?

A market where you are only allowed to buy and not sell, who will go in and play?

Such a consequence will only exacerbate the flight of foreign capital, and the impact on the economy will be very bad.

40% of Hong Kong stocks are foreign capital, and once they collectively sell, the stock market will definitely collapse, and it is possible to fall back to 4,000 points.

How many businesses will go bankrupt by then?

After receiving the news from the Stock Exchange, the Director of the HKMA, Mr Leung Siu-man, hurriedly went to Infinity Private Placement to inquire about the specific situation.

He met Feng Yiwen smoothly.

At this time, the infinity private placement was managed by him, and the announcement of the sell-off was also submitted by him.

In the face of Liang Zhaomin's inquiry, Feng Yiwen was very resolute, saying that this was a unanimous decision made by the company's senior management at a meeting, and it would be sold anyway.

Liang Zhaomin had no choice but to let the Stock Exchange suppress the announcement first, and not let the outside world know the news, otherwise the stock market would definitely plummet.

Before he could call the mainland, a message circulated on the Internet, and even a recording was available.

Slightly edited, of course.

A capital institution offered to exchange 3 billion for a 10% stake in Infinity.

This elimination

The incident caused an uproar online.

In less than half an hour, the number of views of related posts reached more than 20 million.

Thinking of what happened recently, even fools understand it, and some young netizens frantically replied to posts on the Internet to express their opinions.

Netizen: "The handsome in my heart", replied: "Who is this person in the recording, so arrogant, what background, 3 billion also want to exchange 10% of other people's shares, and don't look at how much market value people have?"

"This is already a clear robbery, who has such a big courage I won't say, everyone understands it."

"Brother upstairs, don't bring the rhythm, okay, it's just a short recording, what if things are reversed?"

"It's just a matter of seeking truth from facts, how much has Infinity Inc. contributed, and now I have gotten this kind of fate, if I can't bear it, now that I heard that "CC" is also going to be taken over, cherish the last opportunity to speak."

"Agreed, upstairs! Although immigration is not a good choice, in the face of this kind of thing, it is better to retreat as soon as possible, moisten it~"

"Don't bring the rhythm, the above has not yet expressed its position, why is the emperor not in a hurry, the eunuch is in a hurry, you want Huaxia to lose a top Internet company?"

"Upstairs looks like a brain*, can the customer die? This incident makes it clear that the second generation is picking peaches, and in Huaxia, do you think businessmen can fight officials? Use your brains, it's best to emigrate!"

There was a lot of noise on the Internet, although many people refuted it, but as soon as they said the rebuttal, they were scolded for being incomplete.

Most of the netizens are yin and yang weird about a capital institution, and the rest of the posts are almost all about immigration.

After all, immigrants are also selective, and choosing a suitable place for the development of Infinity Company is the most important thing.

Less than half an hour after the recording appeared, it caught the attention of the network department, who immediately ordered the deletion of the recording and post.

After all, if this recording is circulated, it will definitely have a great negative impact.

Infinity, in the Internet and financial sectors, has become an iconic enterprise, and to some extent, has even been marked with a red label.

They are definitely the ones who love this land the most, otherwise they would not have come to the rescue many times.

And now, being forced to withdraw from the market, what will the people think?

And those foreign-funded enterprises, what will they think after receiving this news?

The divestment is light, and it seriously directly affects the credibility, and no one dares to come.

At the same time, Infinity also held a high-level meeting.

With the exception of the necessary maintenance staff, all staff were placed on indefinite leave.

What the future holds, no one can say.

In addition, the laboratories in the western area are also all closed, and no non-company personnel are allowed to enter.

The researchers at the Institute of Precision were all brutally kicked out by the security personnel and told that they were permanently banned from entering.

Because Chen Jie just received a notice yesterday.

The China Securities Regulatory Commission said that he manipulated the stock price, confiscated all his more than 10 billion funds, and paid double the fine.

Now, he's completely ruthless.

Meanwhile.

The Wall Street Journal also pointed out that China is not a free-market economy, and in this environment, it is impossible for any private enterprise to grow and develop.

Because they have to pay protection money to certain capital institutions in order to continue to operate.

The U.S. Department of Investment Promotion also said that if Infinity companies come to the United States to develop, they will provide preferential tax policies.

Institutions in many regions of the world have also sent invitations to Infinity.

He also said that he would assist them in applying for visas, passports and other related procedures.

According to statistics, if Infinity sells all its assets, it can get at least HK$500 billion in cash.

This money, in any country, is a huge amount of money.

If it can be introduced, it will greatly boost the economy

Effect.