My Scheming Little Devil
Chapter 211 The Man Behind the Scenes Appears_1
The Vice President of the subsidiary, urgently called Shang Jingchen.
"President Shang, what’s happening? The company’s stock price, why did it drop so drastically all of a sudden?"
"I wanted to ask you the same thing." Shang Jingchen lowered his voice, "I only asked you to band with others to make things difficult for her, to make it impossible for her to get her work done. But, you’ve made this mess."
"It has nothing to do with me, I haven’t even started anything. What should we do now?"
"I’ll take care of it. If Yaxing suffers a significant loss, it will also affect the parent company." Shang Jingchen was baffled, not sure what had happened, but it was clear, this sudden drop in stock price was unusual.
Yuan Jiayin who was at the side was very surprised. She wanted to pull some strings, but never expected that even luck was on their side. Ye Lu was doomed. Just upon taking up the position, she encountered such a crisis. Let’s see how she handles it!
...
"Third Young Master, is it necessary to waste time and energy to attack such a small company’s stocks? It doesn’t bring us any substantial benefits."
Feiyu was pretty annoyed. Being a business prodigy, dealing with a small company was simply a waste of his skills.
"How much did it drop?" Third Young Master Jun asked nonchalantly while tying a bandage on his arm.
"30%."
"I want it to plunge to the ground."
He had a cruel look in his eyes and a cold smile on his lips. Ye Lu, you brought this upon yourself, you will know the heavy price of offending me.
Meanwhile, Ye Lu, looking at the stock market chart on her computer, also had a headache.
Although the parent company had sent word, saying they would do their best to safeguard Yaxing’s stocks, promising to immediately put in several billion to buy up the plummeting Yaxing stocks and stabilize Yaxing’s stock price.
But the odd thing was, such salvage didn’t steady the stock price, but made it plunge even harder.
"Oh my god, it dropped another 18% now. I didn’t expect that as soon as I arrived, Yaxing would become like this," Ye Lu gasped while looking at the chart.
"Chairman Ye, this has nothing to do with you. It’s obvious that someone is attacking the stock price."
Ye Lu had also recently learned a lot about business, she understood his words, indeed with such a bizarre drop, there was definitely someone manipulating things behind the scenes. But, Yaxing was merely a subsidiary of the Shang family corporation, who would target such a small company?
"Uncle Qi, to manipulate the stock price so harshly, it must be a powerful force shorting the stocks. The strength is above average. Is Yaxing’s value worth their efforts to attack?"
Qi Xiu nodded, "I also find it quite strange. However, this mode of attack reminded me of a large-scale enterprise a few months ago, its stock price also wildly fell due to a short selling attack, almost forcing it to go bankrupt."
Ye Lu had also heard of that large company, it was quite famous in the industry. It was almost bankrupt, she gasped, Yaxing was done for.
Even though this wasn’t her fault, thinking about a company being ruined under her leadership, it would greatly damage her reputation. More importantly, she would feel guilty for Old Sir Shang, she didn’t get to help him.
"General Manager, many employees are protesting, demanding you to come up with a solution to save the company quickly. They are blaming you for ruining the company."
Ye Lu’s face turned grim, but she also understood that employees knew nothing about the internal situation, they would naturally blame all the responsibility on her, the newly appointed leader.
"Tell them to wait patiently. The parent company has already taken action, and I will also try to come up with a solution."
Just as she finished speaking, the secretary outside transferred a call.
"General Manager, there’s a strange call. The person says if you want the stock price to stop falling, you should obediently listen to him."
Ye Lu was utterly dumbfounded, there was indeed someone manipulating things behind the scenes. She grabbed the phone angrily, the puppet master finally revealed himself, who was it?