What's wrong with me being a rich man?

Chapter 612 Fire at the City Gate
The proposed listing of Silicon Carbon Group in Hong Kong is a signal; regardless of whether it succeeds or not, it will inevitably require the push from Yu Xing, who has been silent for many days.

Given this, with the formation of a legal team by Guoshanfeng and the lightning-fast relocation of carbon and silicon stocks, the king of short sellers will eventually have to show his face, right?
At the very least, he still has to go through a listing committee hearing process in Hong Kong.

After learning that Silicon Carbon Group was going to list in Hong Kong, Hong Kong media outlets became even more enthusiastic, eager to be among the first to contact and even interview the "King of Short Sellers" after the "peak exposure".

Subsequently, Hong Kong media published rumors that the Hong Kong Stock Exchange would recommend that Silicon Carbon Group hold a prospectus launch conference in Hong Kong and respond to several questions of concern to the public.

While rumors may not be entirely accurate, they undoubtedly fuel anticipation for the future developments involving Silicon Carbon Group and Yu Xing.

Public opinion remains high, with both industry insiders and outsiders continuing to discuss the issue.

This situation was completely unexpected by Yu Xing.

He originally thought that once the mountain peak was exposed, it would be over and everyone would just be watching the drama unfold for a while. That's how the internet works, isn't it? But more than half a month later, so many people are still paying attention to the news.

On the evening of December 17, Yu Xing received a phone call from Zhu Zehui, the director of Lingang.

Zhu Zehui discussed the sales situation of the Silicon Carbon Group, and then brought up something that happened at the beginning of the month: "President Yu, was the matter of Molong in Shandong Province something you instructed?"

Yu Xing said helplessly, "Director, why would I want to cause trouble at this time? It was someone else who leaked the information."

Zhu Zehui asked, "I checked your forum. What if the information he posted is fabricated?"

“Baixiaosheng has a screening and verification mechanism for this kind of content. The website checks the authenticity before it is published,” Yu Xing explained. “There are many social media platforms now. In fact, he could have posted it elsewhere, and it would have been easily saved by netizens. The most important thing is the existence of fake content itself.”

Zhu Zehui would have pressed for clarification before, but now he doesn't want to ask any further questions.

After thinking for a few seconds, he said, "Mr. Yu, even so, you'd better not short sell indiscriminately."

Yu Xing sighed: "Director, this has nothing to do with short selling. We didn't short sell it at all."

Zhu Zehui still had a small question.

He also raised a question that many leaders had: "President Yu, Guoshanfeng has made some moves this year, but hasn't silicon carbon industry been developing quite well in Lingang these past two years?"

Both Lingang and Dual Carbon Silicon are developing very well, and the Carbon Silicon Group is close to going public. Judging from the accumulation of wealth, it could be completely frozen before the peak is exposed.

This would have been a perfect story: the king of short sellers would have remained a mystery forever, and Yu Xing would have continued to be the number one in new energy and a leader in mobile internet. Why did things have to come to this... half-god, half-demon situation?

Yu Xing could have offered many explanations, but in the end he simply smiled and replied, "Director, everyone has to have a few bad habits, right?"

Zhu Zehui was genuinely struck by this: "You, you, sigh, I thought you could be a director in Lingang before, but now you can only be a deputy director."

He once joked that General Manager Yu was the director of Lingang.

Yu Xing laughed and said, "I am flattered to be appointed as the deputy director."

Before ending the call, Zhu Zehui said, "Okay, Mr. Yu, I wish you win many lawsuits in 2016 and that silicon carbide can be successfully listed. We'll meet again in Zhejiang Province later."

Yu Xing understood what he meant and congratulated the director, whom he had known for several years, with some surprise. With this person in charge, the cooperation between the Silicon Carbon Group and Zhejiang Province would be more secure.

Just as Lingang is paying close attention to the current situation of the "King of Short Sellers," as someone began to dig into the views of the head of the carbon silicon industry on new energy projects, the copper market in Anhui Province had to hold a serious discussion meeting.

The copper market has reached a cooperation agreement with the Iron Bull Group on new energy vehicles.

Based on the city's situation, instead of pursuing cooperation with new players in the industry like Singulato Motors and LeEco Auto, the city chose Zotye, a company with a long history of collaboration.

The problem is that Yu Xing had come to the copper market specifically at Xiong Xiaoge's request, and had given his views rather frankly.

As the delivery volume of new cars from the Silicon Carbon Group steadily increased, the opinions of the head of Silicon Carbon Group faced considerable pressure. Ultimately, the copper market listened to half of the opinions and insisted on the other half. After actively discussing and lobbying with the provincial government, they finalized the deal with the Iron Bull Group behind Zotye.

but……

The vision of the head of the silicon carbon company is already top-notch, but he still lacks experience. The car manufacturing route he chose is the controversial range-extending technology, which gives the city a relatively good foundation.

The problem now is... the person is still the same person, the words are still the same words, but the identity has become a globally renowned short seller.

What's the short-selling king's eye for strategy?
They have yet to suffer a defeat.

It can be said that the head of silicon carbon still makes a living from manufacturing, but isn't the king of short selling all about shorting based on his foresight?
He says a project is feasible, but that doesn't necessarily mean it will be; he says a project is not feasible, and that means it really won't work.

When Guo Shanfeng's identity was revealed and Yu Xing's past reputation resurfaced, the copper market received another inquiry from above, an informal request to further discuss the prospects of the cooperation project with Tieniu Group.

As the general manager of Tongshi Guofa Venture, Ma Zhihao listened to the speech from above in the conference room with his head bowed and eyes downcast, feeling a secret sense of satisfaction.

He attended the silicon carbon press conference in Lingang and, thanks to his relationship with Xiong Xiaoge, brought along a group of people, still willing to trust the silicon carbon group's vision and judgment. However, with the implementation of the Tieniu cooperation project, he has been subjected to subtle targeting over the past six months. Local cooperation projects are inherently entangled in interests, and those that weren't initially involved have become so as the project progresses.

Ma Zhihao was already working on moving to another location, but unexpectedly, the former "expert" suddenly upgraded his status to become a world-class short seller, so the value of his assessments was no longer the same.

Halfway through the meeting, most of the speakers were just making small talk.

"General Manager Ma, what do you think?" the leader asked.

"Tie Niu Group is a key cooperation project for our city. We must treat the overall economic development plan with seriousness and caution," Ma Zhihao said matter-of-factly. "However, the province's request for us to reassess at this time is certainly meaningful."

Those present naturally knew Ma Zhihao's stance, and someone next to him was dissatisfied with his sarcastic remarks, emphasizing: "Tie Niu Group is a listed company, has been in the new energy business for several years, and its sales this year are quite good, so its strength is still very solid."

Ma Zhihao smiled and nodded, saying, "Yes, Tieniu Group is a listed company, but what I'm worried about now is that it's a listed company."

The king of short sellers targets publicly listed companies!

A moment of silence fell over the conference room.

Regardless of the short seller's judgment, just look at his influence. Yesterday, the Baixiaosheng Forum revealed Yu Xing's views on new energy projects, and the stock prices of Tieniu Group and LeEco both fell today.

LeEco fell 2.6%, and Tieniu plummeted 7.8%.

There's a terrible situation right now: many people are scrutinizing companies that the "King of Short Sellers" has reviewed.

Iron Bull Group unexpectedly acquired a stake in Yongkang Zotye this month, becoming its controlling shareholder, under the guise of "asset restructuring under the same control".

The main entity listed on the Shenzhen Stock Exchange by Tieniu Group is "Jinma Shares". The current operation is to acquire a controlling stake in "Yongkang Zhongtai" and then inject it into the listed company "Jinma Shares".

This operation helps Yongkang Zotye avoid suspicion of a backdoor listing, because the regulatory requirements for a backdoor listing are much higher than those for asset restructuring.

It was during this period that many netizens and stock investors, following the lead of the "King of Short Sellers," turned their attention to "Jinma Shares," controlled by Tieniu Group, which directly led to a sharp drop in the stock price.

Numerous questions have arisen, with some even submitting formal inquiries to the Shenzhen Stock Exchange. The question remains whether Tieniu Group's surge in Zotye's shareholding from 4.91% to 56.83% this month constitutes a backdoor listing.

The opinions of major short sellers, the capital operations of Tieniu Group, the new energy projects that the copper market hopes to implement, the doubts of shareholders, and the ever-present onlookers have made Tieniu Group, which has made big moves this month, a rising star in the media.

After attending the meeting, Ma Zhihao couldn't wait to log onto Baixiaosheng (a Chinese online learning platform) after dinner that evening and eagerly browsed the latest information.

The version on the forum has changed.

Just two days ago it was about silicon carbon going public in Hong Kong, and today it's become "learning to short sell from the king of short sellers".

—I have repeatedly reviewed all of Mr. Yu's past short-selling reports and have now summarized "Ten Rules for Short Selling," which I would like to share with fellow short sellers.

Save this and please share!
—A deep dive into the capital operations of the Tieniu Group!
Ma Zhihao scratched his head, looked at these headlines, clicked on one at random, and found that the content was quite serious.

"One of the more significant issues in the companies that Mr. Yu has shorted in the past is related-party transactions between listed and unlisted companies. Let's look at Tieniu Group, the holding company; it seems to have quite a few shell companies..."

Ma Zhihao stared intently at the post, finding the logic surprisingly smooth.

When he refreshed the page again, there were already many comments and analyses, and some people were calling for concrete action.

"Are there any short sellers in Yongkang? There's a subsidiary of Tie Niu there; you could go and check it out in person."

"I'm in Yongkang, I can watch it tomorrow, but how do I watch it?"

Ma Zhihao stared at the enthusiastic users crossing the mountain peak, and then looked at "Jinma Shares" whose stock price had plummeted today. A thought suddenly popped into his mind: No way, no way, it won't really explode, will it?

At almost the same time, Yu Xing received a call from Li Song, a short-seller, who asked for his opinion on Tie Niu Group.

Li Song was talking about short selling during a team-building activity at the forum.

Yu Xing listened silently, then suddenly remembered what the director had told him before, and couldn't help but exclaim, "This is practically short selling anywhere!"

Hearing this tone, Li Song was startled: "President Yu, do you really think there's something wrong with Tie Niu Group?"

Yu Xing responded with silence.

Li Song slapped his thigh, and everyone followed the King of Short Sellers' gaze to examine the target. It actually worked!

　I'm late, there will be another chapter tomorrow at noon.

　　
　
(End of this chapter)