May 1999.

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

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

Many foreign-funded companies in China have sent representatives to Infinity Company to talk about the situation.

They really don't understand how they can suddenly say they want to quit.

This is the largest foreign-funded company to have entered the country since China's reform and opening up.

They all ran away, something big must have happened.

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

Everyone quickly thought of the recent rumors about Infinite Company, and immediately understood everything.

Wait until these people go back.

Many projects that foreign-funded institutions were preparing to invest in were also urgently suspended. The reasons they gave were also very consistent: the company's business adjustments.

More specific, no comment.

No one dares to invest in such uncertain circumstances, not to mention that during this period, foreign investors are very sensitive and are afraid that their assets will be confiscated.

The impact of this incident was directly reflected in the capital market.

A large number of foreign investors in the A-share market took notice and began to flee frantically. In addition, the stock market has experienced a large increase recently, resulting in a large number of profit-making orders.

Their selling quickly triggered a herd effect, exacerbating the stock market decline.

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

There are nearly 900 stocks that have dropped their limit.

However, things are far from over.

Infinite Private Equity began to submit stock selling announcements to the Hong Kong Stock Exchange.

Last year, they purchased a large number of shares in the Xiangjiang stock market to rescue the market and became the major shareholders of many companies.

Therefore, when selling stocks, an announcement needs to be made two trading days in advance.

At that time, the market value of these stocks had reached HK$150 billion.

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

As the market index rose.

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, which frightened them into convening an emergency meeting.

Someone suggested that their request should be dismissed.

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

By then, the stock market will have dropped by at least 10,000 points!

But someone immediately said: Xiangjiang's financial market has always been known for its freedom. Others' selling is legal and legal. If we reject it, what will the market think of us?

In a market where only buying is allowed and no selling is allowed, who would enter and play?

Such consequences will only intensify the flight of foreign capital and have a very bad impact on the economy.

40% of Hong Kong stocks are foreign investors. Once they sell collectively, the stock market will absolutely collapse and may fall back to 4,000 points.

How many companies will go bankrupt by then?

After receiving the news from the Stock Exchange, the Director-General of the Hong Kong Monetary Authority, Leung Siu-man, hurriedly went to Infinite Private Equity to inquire about the specific situation.

He successfully met Feng Yiwen.

At this time, Infinite Private Equity was managed by him, and he had people submit the announcement of the sale.

Faced with Liang Zhaomin's inquiry, Feng Yiwen was very firm, saying that this was a unanimous decision made by the company's senior management at a meeting and that he would sell it no matter what.

Liang Zhaomin had no choice but to ask the Stock Exchange to 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 piece of news was circulated on the Internet, and there was even a recording.

Slightly edited of course.

A capital institution proposed to use 3 billion in exchange for 10% of the shares of Infinite Company.

The news instantly caused an uproar on the Internet.

In less than half an hour, the relevant post had more than 20 million views.

Thinking of recent events, even fools have come to understand, and some young netizens have been frantically replying to posts online to express their opinions.

Netizen: "The Handsome One in My Heart" replied: "Who is this person in the recording? He is so arrogant. What is his background? You want to exchange 3 billion for 10% of other people's shares without looking at their market value?"

"This is an obvious robbery. I won't say who has such courage. Everyone knows."

"Brother understand upstairs, please stop playing the rhythm. This is just a short recording. What if things turn around?"

"It's just a matter of fact. Infinite Company has made so much contribution, but now it has met this end. If it were me, I wouldn't be able to bear this tone. Now I heard that "CC" will also be taken over. Please cherish the last chance to speak."

"I agree, on the top floor! Although emigration is not a good choice, in the face of this kind of thing, it is better to retreat as soon as possible and moisturize~"

"Stop being so arrogant. The higher-ups haven't expressed their position yet. Why is the emperor not in a hurry but the eunuchs are in a hurry? Do you want China to lose a top Internet company?"

"The first thing you see upstairs is brain*. Can the guest in your right mind die? This incident makes it clear that the second generation is picking peaches. In China, do you think businessmen can compete with officials? Use your brain. The only way is to immigrate abroad.

the best choice!"

There was a quarrel on the Internet. Although many people rebutted, they were scolded to death as soon as they said their rebuttals.

Most netizens are blaming a certain capital institution, and almost all the remaining posts are discussing immigration issues.

After all, immigrants have choices, and choosing a place suitable for the development of Infinite Company is the most important thing.

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

After all, if this recording were to be circulated, it would definitely have a huge negative impact.

Infinite Company has become an iconic enterprise in the Internet and financial fields, and has even been given a red label to some extent.

They are definitely the people who love this land the most, otherwise they would not have rescued the market many times.

But now, it is being forced to withdraw from the market. What will the public think?

What will foreign-funded enterprises think after receiving this news?

Divestment is trivial, but it seriously affects credibility and no one dares to come.

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

All staff, except essential maintenance personnel, have been furloughed indefinitely.

No one can say what the future will bring.

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

All the scientific researchers at the Precision Research Institute were violently kicked out by the security personnel and told that they were permanently prohibited from entering.

Because Chen Jie just received the notification yesterday.

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

Now, he is completely merciless.

at the same time.

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

Because they must pay protection fees to certain capital institutions in order to continue operating.

The American Investment Promotion Department also stated that if Infinite Company comes to the United States to develop, they will provide preferential tax policies.

Institutions in many regions around the world have also sent invitation letters to Infinity Company.

He also said that he would assist them with visa, passport and other related procedures.

According to some statistics, if Infinity Company sells off all its assets, it will receive at least HK$500 billion in cash.

This amount of money is huge in any country.
Chapter completed!