What's wrong with me being a rich man?

Chapter 450 Awards
The storm that swept through Vania, after impacting the stock market, has now spread to the political arena.

After the "Over the Peak Camp" exposed more pharmaceutical companies' price increases, several members of Congress from both parties in the United States engaged in a war of words, each trying to pin the blame on the other. This mutual attack brought to light many details that had not been previously reported.

Democratic lawmakers criticized the Republican Party's laissez-faire attitude toward corporations, which they said allowed greed to run rampant, while Republican lawmakers accused Hillary Clinton, who had spoken out earlier, of having close ties with pharmaceutical lobbying groups.

Many people were watching the spectacle, including some on the Baixiaosheng Forum who translated the comments. However, while Yu Xing was enjoying himself, he was also trying to connect these situations with the current situation of "stirring up trouble".

His perspective on the retrospective is questionable. Hillary Clinton was the one who jumped out to condemn Vania for drug price fraud and called on Congress to pass the bill, so why was she instead accused by Republican members of having close ties with pharmaceutical lobbying groups?

Yu Xingren is in Lingang and cannot find a more accurate answer, nor is it convenient for him to come and look for one.

However, it is possible to cross the mountain peak.

Liu Wanying also believed that such a review would be beneficial for future actions, so she specifically sought out people to ask American professionals in this field indirectly, and finally obtained a reference from Barnes, a political observer at a think tank.

First, there is indeed organized pharmaceutical lobbying. Pharmaceutical companies and their affiliated organizations have spent at least one billion dollars on lobbying over the past decade, covering all 50 state capitals and having lobbying teams of more than a thousand people.

For example, Purdue Pharma's lobbying chief has long led the "Pain Care Forum" to influence opioid policy-making.

Secondly, pharmaceutical companies are betting on both sides, generally leaning towards republicanism but not abandoning democracy. The former is committed to relaxing regulations when a republic is in power, while the latter is to delay radical reforms when a democracy is in power.

As for Hillary Clinton, there are specific ways to handle things for specific individuals. She herself has good relationships with pharmaceutical companies such as Merck and Eli Lilly, and her team includes several former executives who previously worked for pharmaceutical companies. In reality, the so-called hearing proposal lacks strength.

Barnes believes Hillary Clinton's move is merely a display of her moral stance, and that drug prices will continue to be a campaign tool rather than a long-term governance issue.

Yu Xing read through the think tank member's lengthy and detailed arguments repeatedly and found them quite insightful.

The main method for navigating the mountain peaks is to identify scams, but important factors should also be taken into consideration.

He made a small suggestion to Liu Wanying: "I think we should also have a small organization to study these things, perhaps set up in..."

Yu Xing initially wanted to say Hong Kong, but then changed his mind and said, "Singapore is good. Mus is there. Liu Jiankai might go there to work on cryptocurrencies in the future. It's an independent research institution like Cross Peak, but its research focuses on policies in different regions. Perhaps it can provide Liu Jiankai with some advice on cryptocurrencies."

“Let me think about how to carry it out. Such institutions are not uncommon, but whether they can be effective is another matter. Inaccurate research may even mislead us,” Liu Wanying pondered. “We can do this under the name of the Red Falcon, just as a reference.”

She added, "The Milberg law firm that handled this case also played a role, but once the SEC investigated, well, even if the SEC hadn't investigated, they wouldn't have contacted the firm through the same channels again, which is a bit of a pity."

Yu Xing nodded slightly, understanding Xiao Ying's feelings, and continued to discuss the gains and losses of this operation with her.

The two masterminds behind the mountain peak actively reviewed the situation, feeling slightly regretful that they couldn't kill Vania with one blow, but also full of anticipation for an even sharper blade in the future.

When it comes to pharmaceutical companies, Vania is like a reckless young child, coming and going like a gust of wind, unlike the Jewish Sackler family that founded Purdue Pharma, who are much more adept at seizing profits.

Yu Xing noticed Sackler in the discussions from think tank members. He also knew some of Purdue Pharma's history. Thinking about the attacks on republicanism and democracy, he suddenly had a crude idea of ​​using people to control people.

However... according to the internet, there are currently no "handles" to hold onto when crossing the mountain peak, and it still needs further refinement.

Yu Xing himself felt that if this year were to be named, it should be the year of short selling.

On March 26, Liu Jiankai, who had been hit hard by policies before the Lunar New Year and witnessed the industry's bleak state after the holiday, came to Yu Xing to say goodbye. He was leaving Shanghai for Hong Kong.

Liu Jiankai's mental journey needs no further explanation. He was also confused about the future, but he still wanted to give it a real try.

With domestic bans issued, globally renowned exchange Mt. Gox filed for bankruptcy in February, UK exchange Vircurex closed this month, and domestic exchange 808 is also ceasing operations due to market downturn and regulatory pressure…

It's fair to say that Liu Jiankai, witnessing all of this, couldn't help but feel bewildered.

However, he is not so convinced that this is a reshuffling and that cryptocurrencies will recover later.

"Liu Ge, go ahead. You can always come back after the business goes bankrupt." Yu Xing promised Liu Jiankai as he left. "I'll keep the ticket for you in Lingang. If your ship capsizes, my side will be fine too."

Liu Jiankai smiled wryly: "President Yu, am I better off working with you on building cars, or following you into the internet industry?"

He certainly couldn't build cars, and with the rapid development of the software matrix at Carbon Silicon Data, there was gradually no suitable position for Liu Jiankai, which was also a factor that prompted him to go to Hong Kong.

There's no going back to Capital Today, and no way to reach Carbon Silicon Data; it's better to go out and take a gamble.

Yu Xing laughed. He had another place where he had just stirred up trouble. If he really couldn't work on cryptocurrency, he could come and try his luck at Guoshanfeng.

Liu Jiankai smoked two cigarettes in a row, and finally picked up his teacup, using tea instead of wine: "President Yu, I've been thinking a lot these past few days about when you talked about Bitcoin. Speaking of which, you really are my mentor. I'd like to toast you."

"Liu Ge, you flatter me." Yu Xing raised his cup.

Liu Jiankai got up to leave the president's office of the Silicon Carbon Group, but turned back at the door and said, "President Yu, if I encounter any financial difficulties, I hope you can help me out..."

Yu Xing simply said, "No need to say anything, just go ahead and do whatever you want."

With no more worries, Liu Jiankai turned and left the office, taking a taxi straight to the airport to start a new business in Hong Kong.

Yu Xing wasn't sure if Liu Ge could become Liu Ge. After thinking it over, he asked his secretary, Zhang Yangxu, to add his family's WeChat account so that it would be convenient to talk when needed and to send a message during holidays.

Just as Liu Ge's exchange was about to be empowered, LeEco held a strategic press conference that it had been announcing before the Lunar New Year, officially bringing LeEco Auto into the LeEco ecosystem.

Yu Xing didn't pay attention to LeEco's press conference, but he did hear complaints from Hu Zhengnan and others about LeEco bringing up integrated die casting.

When Jia Yueting visited Lingang, he was deeply impressed by the integrated die casting and praised it highly. Later, he inquired about cooperation in this area, but unexpectedly, before there was any progress, he brought it up at his own press conference.

Hu Zhengnan felt that this was something that Carbon Silicon and Lijin had jointly promoted, and there was no reason for LeEco to use it to polish its brand without any explanation. He felt that the other party was acting unethically.

"It's alright, Mr. Hu, we can do things a little unethically too," Yu Xing comforted Hu Zhengnan.

Hu Zhengnan: "?" "Oh, what I mean is, the technology of integrated die casting is easy to trace. Carbon Power's joint venture is in Lingang. LeEco's publicity actually saves us resources." Yu Xing laughed, "Their project is progressing much slower than ours. It's good to have someone to fill in the gaps in the new technology."

Hu Zhengnan sighed: "President Yu, you're just too soft-hearted."

Yu Xing: "?"

"At the press conference, Jia Yueting talked a lot about ecosystems, about building a complete ecosystem covering the upstream and downstream industrial chain and the entire life cycle of automobiles. He only came to visit last year. What has he actually done in the industry?" Hu Zhengnan frowned. "He hasn't done anything, yet he made such grand pronouncements!"

He stated bluntly, "I don't like LeEco's way of doing things!"

Hu Zhengnan paused for a moment: "I'm not optimistic about its future development either."

Yu Xing thought Hu Zhengnan's vision was quite forward-looking: "There's nothing to mention about LeEco. It's just a passing fad. We should just focus on doing our own thing. CATL is sending batteries over next month. It's time to test their capabilities."

Hu Zhengnan's spirits lifted: "I didn't receive any news. Did Ningde's team pass the test?"

"President Zeng called me, and he seemed quite confident." Yu Xing smiled slightly. "Everyone has potential. Some need in-depth support, some need to be pushed, and some are just waiting to see how they develop."

Hu Zhengnan nodded upon hearing this, his mind already turned to his own work.

As for integrated die casting, it really was just a publicity stunt by LeEco. This process is like a giant doing embroidery; the silicon carbon group already has a giant, but it still needs to improve the yield rate of its embroidery.

He pondered company affairs and planned to organize a small event over the weekend to welcome the newly arrived colleagues, including Song Gang, who had switched from a joint venture and was responsible for promoting factory capacity.

"I'm happy to welcome you, but I have things to do this weekend." Yu Xing didn't plan to attend.

Hu Zhengnan didn't ask what was going on, but he felt that President Yu's work had become much more regular after the New Year.

Yu Xing didn't have anything specific to do over the weekend. He just reviewed Shanfeng's upcoming short selling, verified the currently discovered emission fraud models, and considered a new round of re-testing for relatively popular models.

Models with higher sales volumes will inevitably attract greater attention from regulatory authorities, which will create greater negative factors.

After a simple breakfast on Saturday morning, Yu Xing accompanied his father, Yu Guosheng, for a walk before driving to Red Falcon Capital in the financial center.

While brewing tea, Liu Wanying chatted casually: "Have you seen the special report on Penguin over the mountain peaks?"

Yu Xing nodded: "Yes, I've seen it."

Liu Wanying chuckled and asked, "What are your thoughts?"

"I don't have any particular thoughts, just a bit of surprise." Yu Xing said without looking up, turning a page of the document. "There's not much criticism, just a hint of praise and support."

Liu Wanying nodded slightly, smiled, took out her phone, and said, "It's not just vague; the president of Tencent even posted on his WeChat Moments, commenting that Shanfeng's short selling of Vania was a righteous act of striking.

Yu Xing looked up this time, surprised, and said, "Chiping?"

He was surprised for the second time: "You still have his WeChat?"

“I’m not like you. I have not only his WeChat, but also Pony’s,” Liu Wanying said matter-of-factly. “I use not only WeChat, but also WeChat is one of my communication software. It’s all thanks to you.”

Yu Xing took the phone from Liu Wanying and saw Liu Chiping's WeChat Moments.

— Guo Shanfeng exposed Vania's crazy price increase, which triggered a storm in the global pharmaceutical industry and indirectly promoted stricter regulation. I don't understand what's so accusatory about this. Isn't this a righteous act of drawing the sword?
This post drew objections from others.

"Mr. Liu, the mountain peak is a short-selling stock. Its exposure is not for justice, but only for US dollars. What's the point of boasting about it?"

Liu Chiping replied: A gentleman judges by actions, not intentions. His behavior has a positive effect, and I don't think it's meaningful to smear him.

"The SEC probably thinks so too. Now, in order to recognize the positive contributions of Guoshanfeng, they are trying to find it everywhere and give it an award."

Seeing the mockery below, Yu Xing couldn't help but laugh. He turned his head and asked, "I don't think I've ever seen this Zhang Ying before."

Liu Wanying smiled and said, "It's from Matrix Partners. In fact, he even talked to me about your Silicon Carbon Group. He's quite interested in the new energy sector. If there's a chance, we can meet in Lingang to discuss it, and maybe we can cooperate."

Yu Xing nodded, watching Zhang Ying and Liu Chiping engage in a rather heated debate.

The two exchanged many lines, seemingly getting heated in their debate.

Zhang Ying: Guo Shanfeng once shorted Alibaba. I wonder if this is why Mr. Liu has a good impression of it?

Liu Chiping: I say A to you, you say B to me, are you going to say C next?

Zhang Ying: I don't understand why Mr. Liu has a good impression of short sellers like Guoshanfeng. If Guoshanfeng were to short Penguin at any time, Mr. Liu would probably change his attitude.

Liu Chiping: Haha, welcome to Guoshanfeng to short Tencent. I'd really like to get to know them. Guoshanfeng's current short selling is all based on publicly available information and content. If there were an award, I wouldn't mind giving them a 'Best Short Seller Award'.

Zhang Ying: Surprised? Mr. Liu, does that mean Guoshanfeng has a close relationship with you?
Faced with such comments, even though they were in his own WeChat Moments, Liu Chiping dared not get involved with Guo Shanfeng, who was stirring up trouble among global pharmaceutical companies: "You don't need to label me or smear me. If that's your attitude, then let's delete each other."

Zhang Ying: We've deleted each other. I'm going to use WeChat now.

Yu Xing observed Liu Chiping and Zhang Ying's less-than-impressive interaction, considered Weishi's apparent lack of resources after the New Year, and reflected on his own actions towards Tencent... It wasn't that the peak hadn't arrived; it was that he had already shorted it long ago...

As a result, Liu Chiping not only stood by the mountain peak, but was also willing to award himself, thus going against the tide and thinking independently.

Yu Xing looked at the "Best Short Seller Award" again and felt a little guilty for a moment. Brother Liu... sigh, you here, me here, that... sigh.

(End of this chapter)