Chapter 1170 [Market Confidence Returns Overnight]

In the face of Zhang Qi's words, General Manager Wu was speechless for a while, he sighed bitterly and said: "I understand these truths, and there is no better choice than that." ”

"Those who know your grievances and contributions know that the greater the sacrifice, the greater the return in the future, not only can you be downgraded three times in a row, but when you rise in the future, you may not be able to jump three levels in a row." Zhang Qi comforted him and also emphasized: "Be patient and determined, as long as you don't turn the situation into a dead move, when the time comes, the revitalization is also a matter of turning over." ”

General Manager Wu nodded, sighed again, and calmed down before saying: "But there must be a reasonable reason for dismissal and demotion, on what grounds?" ”

Zhang Qi on the side lowered his head and was silent, and after a while, he looked at General Manager Wu again: "State-owned assets are lost." ”

Hearing this, General Manager Wu nodded clearly: "This is reasonable." ”

Not to mention that WeChat is a subsidiary of Qunxing, Qunxing's shareholder structure has five major Guo Jia team institutions, as far as WeChat is concerned, its second largest shareholder is Liantong Operator, the WeChat major shareholder illegal reduction incident caused the company's stock price to plummet in half, saying that there is nothing wrong with making state-owned assets suffer heavy losses.

……

General Manager Wu ended the conversation with Zhang Qi, and he returned to the SGX headquarters and personally presided over a meeting.

At the meeting, he conducted a profound self-examination, self-criticism, and self-reflection, saying that as the number one leader, as the gatekeeper of the SGX, his work was not solid enough, his understanding was not sufficient, and his dereliction of duty was dereliction of duty, so that the authority and credibility of the SGX were severely damaged, resulting in heavy economic losses and losses of state-owned assets for investors in the market......

All the participants were stunned for a while, and even some felt unbelievable and even caught off guard.

Reading between the lines, the first leader took all the responsibilities, which made the subordinates attending the meeting unable to understand, but they were shocked in their hearts, and they guessed in their hearts whether General Manager Wu's earth-shaking change was caused by self-consciousness or by some force majeure factors......

Everyone prefers to believe the latter, of course, no one is stupid enough to say it at this time, on the contrary, many participants saw that the top leader took full responsibility, and could not really let the top leader take all the responsibility.

As a result, the participants present also hurriedly followed the self-examination, and this consciousness suddenly rose.

After the end of the meeting, it will be communicated directly.

This matter soon went viral like wings, and it became the biggest news event in the capital market that day, with the media competing to report on it, and as soon as the SGX announcement came out, the market exploded again.

Investors were also stunned, and at the same time, it triggered heated discussions and competition in major stock bar forums and exchange groups.

[Ahh......h

[Incredible, I never thought of it......]

[Woc! It's really fake, it's fake news, right? I don't believe it, it can't be, absolutely can't! ]

[I was also shocked, and I once thought it was a joke work of netizens, but it was true, I went to the official website of the SGX to take a look, and the content of the notice minutes was hanging on the official website, and the white and black words were clear, which really can't be true.] ]

[Goodfellas......]

[Who would have thought that?] I really never expected that such a big god reversal could come. ]

[Could it be that God K made a move?] ]

[It's hard to say, but K God just posted a Weibo, and here is a turning point for God, it's really hard to say.] ]

[Haha, how do I think he wanted to please the big guy so he raised his hand to WeChat, but it turned out to be opened in the wrong way, and he also broke into a big disaster, and now he realizes that he knows that he has caused trouble, so there is this god reversal. ]

[I knew that God K had not betrayed, and it was impossible for him to do this, and there was no reason to do so.] ]

[Is this to enter the game as a protector of the SGX?] ]

……

As time went by, at a time when the capital market was in a sensation, SGX issued another blockbuster announcement late at night.

The formal results of the handling of the illegal reduction of the major shareholder of WeChat have come out, and the SGX has seriously dealt with it in accordance with laws and regulations, and the shares have become the first listed company on the SGX to wear a hat ST.

After being included in the ST shares, they will not be removed from the cap for the next two years, and will not be refinanced for three years, and will be removed from the constituent stocks of the CSE 50 Index at the opening of the market on the first trading day after the holiday, and will not be included in the CSE 50 Index for the next five years.

Major shareholders who reduce their holdings in violation of regulations should also be severely punished in accordance with laws and regulations.

In addition, the announcement also disclosed a major news that the current top leader of SGX has voluntarily submitted his resignation, and the second leader will temporarily take over the relevant work matters.

General Manager Wu made a decision at the speed of light and dealt with WeChat seriously according to the procedure, and then let the second-in-command take over his work, firstly, not to throw this hot potato to the second-in-command, and secondly, he did not want anything to go wrong, and there really could be no more mistakes at this time.

Besides, the second-in-command is not stupid, if General Manager Wu doesn't deal with the WeChat matter, the second-in-command will be killed, and he won't dare to take over this hot pot, even if he would rather completely offend General Manager Wu, he must not accept it, so the WeChat matter must be in General Manager Wu's exact result.

The blockbuster announcement released by the SGX late at night caused a huge shock in the capital market, and many people were extremely shocked and shocked to see the news, and until now, they did not expect that the first case of illegal shareholding reduction of listed companies on the SGX not only made a trillion-dollar Internet supergiant not be removed from the hat for two years, not allowed to refinance for three years, and was excluded from the New Stock Exchange 50 Index for five years, but also together with the first leader of the SGX.

No matter how serious the outside world expected, it never thought that it would be so serious.

The next day, the three-day May Day holiday officially began, and the big A was also closed with the holiday, and the market confidence of the SGX was directly recast, and the confidence lost before all came back overnight.

Investors' confidence in SGX has not only returned overnight, but it has never been stronger, as this time it has been recast at the cost of a trillion-dollar giant and the sacrifice of SGX's leader.

Now another suspense is what will happen to the major shareholders who have illegally reduced their holdings, but the top leaders of the SGX have taken it, judging from this point alone, its strength will definitely not be small, and it can even be let go of the upward evaluation.

"This time it is really a serious misjudgment, and the market has to be chased back after the holiday," said a trader of an investment institution with a bit ......of amazement, and his colleagues couldn't help but say: "Looking at the current market public opinion, confidence is really visible to the naked eye to recover, and it is also this kind of strength that has created a precedent that has not been seen in A-shares for 20 years, and now I am shocked to see this news." ”

The trader nodded and said: "After this incident, the authority and credibility of the SGX have been unprecedentedly consolidated, which can be called the migration of Lixin, no matter who takes over the SGX, the leader of the SGX does not dare to cross the line, and the size of the listed company does not dare to cross the line, whether it is from the personal emotion or from the rational, this time I am really optimistic about the future of the SGX, Fang Hong said before that the ten-year long cow is not a lie." ”

……

(End of chapter)