My Fintech Empire

Chapter 1164 [Being roasted on the fire]

General Manager Wu remained silent. He did not answer the secretary's doubts, and a solemn look gradually appeared on his face. Fang Hong chose to deliberately avoid seeing him at this time. This move made General Manager Wu realize that the problem was worse than he expected.

WeChat is an extremely important core subsidiary of Qunxing Capital, and as the founder and current soul of Qunxing Capital, why did Fang Hong choose to avoid this matter?

There is only one possibility, and this possibility makes it very difficult for General Manager Wu.

Choosing avoidance often means that it is not convenient to do something, which means that the matter must be handled in an unconventional process.

In other words, the signal released by Fang Hong's evasive action is to give WeChat the green light. Doing so means that it is an illegal operation, but he doesn't want to take the blame, so he has to choose to avoid it.

As long as I avoid this matter, I can easily blame the blame if something goes wrong, and I can explain to the outside world that this was not my intention. I can even stand up and put things right when necessary.

However, the biggest problem is that the blame can be thrown away, but the blame cannot disappear automatically. In the end, someone has to take the blame.

As the top leader of a public institution of SGX, how could General Manager Wu not see through this in such a position?

Although I did not see Fang Hong in person during this trip, his deliberate avoidance itself carried a large amount of information. General Manager Wu also read a lot of information from Fang Hong's avoidance behavior, and increasingly felt that it was a hint that he wanted to deal with WeChat’s major shareholder illegally reduced its holdings and received special treatment.

This is very painful for General Manager Wu, both inside and outside. He knows very well that if this matter is not handled correctly, he will most likely be the one to take the blame. The secretary who is driving does not know that he is sitting in the car. How much pressure does the boss behind me feel at the moment?

After a while, General Manager Wu ordered: "Send someone to contact Shi Yao, the current chairman of Qunxing, in my name, and arrange a time and place to meet and talk."

The secretary who was driving nodded and said, "Understood. I'll make arrangements as soon as I take you back."

If it weren't for his position and status, General Manager Wu would have wished he could have taken a detour to the Stars Headquarters to meet with Shi Yao.

At the end, General Manager Wu leaned back against the car seat and sighed silently. He raised his hand and tapped his forehead. He closed his eyes and knitted his brows. His face was full of pain. Who would put it aside when doing something like this? Everyone is numb.

He couldn't see Fang Hong himself, but he had to see Shi Yao no matter what. General Manager Wu needed to confirm his suspicions again and again, and confirm whether Fang Hong's attitude really wanted SGX to take a hand in handling WeChat.

Two days passed in the blink of an eye, and Fang Hong still hadn't returned to Xincheng and was still out doing research.

Although he seems to be staying out of the situation, he has actually been paying attention to the trends and various news in the capital market. Tian Jiayi makes separate reports to him every day.

Fang Hong was staying at the hotel to rest while he was out, and Tian Jiayi sent him a private message at this moment: [Shi Yao met with the top executive of SGX this afternoon and discussed WeChat. According to your previous arrangements, Shi Yao further informed him. Implying to protect WeChat. ]

Seeing the message from the beautiful assistant, Fang Hong silently smiled and skillfully edited a text reply: "It's done well. Just proceed as planned." ]

Tian Jiayi quickly replied with a message: [I guess General Manager Wu is tossing and turning at night, and I don’t know if he can bear it. ]

After meeting and talking with Shi Yao this afternoon, General Manager Wu was not feeling well. Although the head of Qunxing did not say it explicitly and could not say it explicitly, he hinted that he wanted to protect WeChat.

General Manager Wu is now completely convinced that this is what Fang Hong meant. After repeated confirmation, the result is what he least wants to see.

After sorting out the whole incident, General Manager Wu realized that he had been roasted on the fire. Should Shi Yao's hint be taken seriously? If WeChat is handled without taking things seriously and following the procedures, it would be tantamount to offending the stars.

If the double standards of WeChat are lightly laid down, the SGX will become the laughing stock of the market before its authority is established. The bigger the previous battles, the more ironic it will be.

In the past two days, the trend of the NSE 50 Index has temporarily stabilized at 1,400 points, with no big rise or fall, and the trading volume has also shrunk.

It seems that the price has stabilized and stopped falling at 1400 points. In fact, investors from all walks of life are in a wait-and-see state. Neither the stockholders on the market nor the currency holders outside the market are moving. Almost everyone is watching. How will SGX handle WeChat’s illegal holding reduction incident?

It is precisely because this unexpected incident is still pending that the SGX 50 Index has stabilized. The outcome of this matter will directly affect the future investment strategies of various investors for the SGX.

Wednesday, April 27th.

The A-share market opened today, and the NSE 50 index is still in a volatile market. The current situation is that before WeChat's major shareholder reduces its holdings, there is a high probability that the market will remain volatile.

The boots have not hit the ground, neither can they rise nor fall, they are all waiting for the moment when the news falls.

It has been a week since this sudden black swan incident was exposed. Everyone is staring at the SGX, and the heat on this matter has not cooled down at all.

Fang Hong had returned to Xincheng last night. There was no news about his outing this time. The outside world didn't even know that he had left Xincheng in the past few days.

Now people from all walks of life are not only staring at the SGX, but also at Star Capital. Such a big thing happened, but the stars have not made any sound until now, which has to make people from all walks of life speculate.

Fang Hong's personal Weibo has been blowing up in the past few days, but he has not posted any updates in response to this matter. All signs give people a strange and unusual signal.

The time came to around 10:40 in the morning. At this moment, General Manager Wu was alone in the office. Seven days had passed. A full seven days had passed since this matter was exposed, and there was no news from the SGX.

Because General Manager Wu is pressing, he has not yet made up his mind to make a choice, but he cannot delay it forever. The market's patience is also limited.

After a long time, General Manager Wu took a deep breath. After much thought, he finally made a decision. He immediately picked up the landline phone on his desk and called his subordinates, calling them over to arrange the specific matters.

Faced with the current situation, General Manager Wu's choice is to adopt the strategy of "throwing stones to ask for directions".

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