Western suburbs of Beijing.

The champagne in the conference room had been taken away.

The projection screen displayed Friday's real-time market data.

The same people who attended the meeting on Monday were still sitting at the table.

No one argued, and no one shirked responsibility.

The man in charge of overseas transactions was the first to report.

"All four major short-selling platforms have stopped increasing their positions."

"Forced liquidation completed at two locations."

"The other two sites will voluntarily withdraw before noon today."

"Based on current prices, realized losses from overseas contracts and derivatives amount to approximately 9.6 billion yuan."

"What about within the country?"

"The borrowed voucher is being returned."

"The equity swap account has triggered a stop-loss order."

"Some of the stocks that hit their daily limit cannot be bought back immediately. Even under the worst-case scenario, the losses could amount to an additional 4 billion yuan."

More than 10 billion yuan.

Even if distributed among the individuals present, it is not a number that can be easily ignored.

But these people never control just one account and one company.

Someone needs to sell some of their overseas bonds.

Some people will postpone several industry investments.

The Shen family, on the other hand, needs to replenish the collateral for several equity swap accounts.

The cost was significant, but far from being crippling.

A loss is a loss.

Stop loss, settle the account, and then reassess the next trade.

That's why they've gotten to where they are today.

"The two accounts we manage have already switched from short to long positions."

"That's what a fund manager on the left side of the long table said."

"In the morning session, we first closed out the remaining short positions and then bought 3 billion yuan worth of CSI 300 ETFs."

The man in charge of overseas transactions glanced at him.

"You're quick-witted."

"The market has already given its answer."

The other party remained calm.

"Continuing to short sell is just giving money to Chen Mo."

"Since we can't stop this rebound, why not try to recoup some of the losses from the rise?"

No one objected.

Two other institutions also began arranging similar transactions.

The most determined short sellers this week are becoming the most eager buyers in the market.

The basis for jointly shorting Taichu II has disappeared.

Each party began to take responsibility for its own funds again.

This alliance, which lasted for several weeks, naturally lost its reason for continuing.

Shen Chongyue remained seated, his expression not particularly pleasant, but his emotions had returned to calm.

"The deposit and account losses borne by the Shen family will be settled in accordance with the original agreement."

"No one needs to share our burden."

After he finished speaking, he looked at the middle-aged man in charge of media channels.

"Stop publishing all articles that lack evidence."

Delete any content that has already been sent.

"Those that cannot be deleted will no longer be processed."

"clear."

"What about filing a report under your real name?"

"Hand it over to the relevant departments for proper handling."

Shen Chongyue said.

"If there are problems with the primordial transactions, someone will naturally investigate."

"If there are no problems, do not exert any further influence."

Accepting the loss in a bet doesn't mean the two parties will become friends.

But the outcome in the market is already clear enough.

Using the media and connections to forcibly change the outcome will only cause more people who were originally neutral to side with Chen Mo.

The white-haired old man in the main seat remained silent.

His gaze lingered on the real-time net asset value of Taichu No. 2.

After Thursday's market close, Taichu No. 2 was already 1.83% higher than before the turmoil.

This morning, the net asset value rose by more than 2%.

The three internal reports that were prepared earlier have now lost their most important factual basis.

There were no huge losses.

There was no policy-driven reduction in holdings.

There was no mixing of domestic and foreign funds.

There is no evidence that Lu Zhilan received any personal benefit from the beginning or creation.

Just then, a secretary pushed open the door and walked in.

He didn't sit down, but leaned down and whispered a few words in the old man's ear.

The white-haired old man finally raised his head.

"Just say it."

The secretary glanced at everyone present.

"The verification of Comrade Lu Zhilan has been completed."

No issues were found regarding personnel selection, account permissions, fund segregation, or conflicts of interest.

"No actual losses have been incurred by Taichu II that warrant accountability."

"This morning, Lu Zhilan resumed her work and resumed her responsibility for the coordination and supervision of the Taichu II project."

There was not much reaction in the meeting room.

This outcome was already predictable after Thursday's market close.

But when the official news came, everyone knew that the last resort had also been closed.

The investigation into Lu Zhilan has concluded.

The plan to question Lu Changming's personnel appointments and policy direction by using her as a starting point also lost its support.

The white-haired old man leaned back in his chair and remained silent for a long time.

From Xu Xiang being taken away to Tai Chu No. 2 approaching the reduction line.

They control multiple channels, including investigations, public opinion, domestic accounts, and foreign capital.

They deliberately chose a time when Lu Changming and Lu Zhilan were unable to contact the outside world to launch their attack.

Chen Mo initially didn't even know who his opponent was.

But this young man stabilized Taichu, brought in global funds, and guided the market counterattack in just a few days. He then dragged all the highly leveraged short sellers into the market by deliberately showing weakness.

The final day's short squeeze combined market sentiment, institutional funds, and short covering with its own strength.

This kind of person can no longer be described simply as a financial genius.

His judgment of capital, human nature, and timing is far beyond that of ordinary people.

"pity."

The white-haired old man suddenly sighed.

"What's a pity?"

Shen Chongyue asked.

"If only I had met Chen Mo sooner."

The old man watched the index on the screen rise steadily.

"Perhaps today, those sitting behind him are not just from the Lu family."

"Lu Changming has a good daughter."

No one responded.

This competition was not initially a matter of personal hatred.

Their opposition to Lu Changming does not equate to their opposition to the industries that Chen Mo is promoting.

It's just that interests, ideologies, and positions have pushed different people to opposite ends of the table.

Now that the game is over, the outcome is no longer in dispute.

The old man picked up the tea that had long since gone cold and took a sip.

Let's stop here.

"All market positions have been closed."

"The original cooperative relationship has been restored to normal."

"As for Feng Kai and overseas platforms..."

The old man paused for a moment.

"Whoever crosses the line will be held responsible."

"No one is allowed to interfere with the investigation in my name."

The man in charge of overseas transactions subtly changed his expression.

Shen Chongyue also fell silent.

Feng Kai's fall was not part of the initial marketing plan.

In an attempt to cut off evidence, some people exerted far more pressure than agreed upon in private.

Now Chen Mo will definitely continue to investigate along the forced liquidation accounts and money chains.

When an elderly person with gray hair chooses not to provide shelter, it means that the responsibility for that responsibility must be borne by the person who carried it out.

Meeting adjourned.

The old man put down his teacup.

Several participants stood up one after another.

Someone immediately contacted the trading team, requesting that the short covering be completed.

Some people have begun to calculate the final losses.

Some people are also preparing to repurchase quality assets that have been wrongly sold off in the afternoon.

This behind-the-scenes alliance has now completely disbanded.

The white-haired old man was the last to leave the meeting room.

The secretary was already waiting outside the door.

"Director Han, will the afternoon's schedule proceed as planned?"

Han Jingzhi.

Director of the Central Financial and Economic Affairs Office of the People's Republic of China.

It is responsible for coordinating financial, fiscal, state-owned asset and major industrial policies, and has a very high say in China's financial field.

Like Lu Changming, he is a candidate for the next round of important job placements.

However, in this competition, the two chose completely different industrial and capital paths.

Han Jingzhi stopped in his tracks.

"Cancel all."

"Prepare a car."

"Where to?"

"Primordial Capital".

The secretary was somewhat surprised.

"Do I need to give advance notice?"

"Need not."

Han Jingzhi walked down the stairs.

He stopped halfway through the journey.

"There's one more thing."

"Please speak."

"Draft a formal statement for me."

Han Jingzhi remained silent for a few seconds before making his final decision.

"I would like to inform the relevant parties that I voluntarily withdraw from the discussion of candidates for the next position."

"I will no longer compete with Lu Changming."

The secretary suddenly looked up.

The significance of this decision far exceeds the tens of billions of yuan in losses that just ended.

"Director Han, would you like to reconsider?"

"Need not."

Han Jingzhi continued walking downstairs.

"You have to accept the consequences of your bet."

There's no shame in giving up your position to someone more suitable.

The courtyard gate slowly opened.

A black sedan without any special markings was parked at the bottom of the steps.

Han Jingzhi sat in the back row.

The secretary then got into the car and double-checked the information she had just recorded.

The vehicle drove out of the western suburbs compound and merged into the afternoon traffic of Beijing.

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