What's wrong with me being a rich man?

Chapter 621 Appearance
Since Shan Feng's identity was unexpectedly exposed in late November last year, Yu Xing has remained silent for nearly two months.

Even though Kyushu, the headquarters of Silicon Carbon Group, achieved astonishing results that year, there was no public celebration or reflection from him.

There are various rumors and speculations about the silent king of short sellers. Some say he is busy transferring funds, some say he is under administrative pressure, some say he was asked to resign by the board of directors, and there are even rumors that he is under travel restrictions.

Even as Yu Xing arrived at the Ritz-Carlton Hotel in Kowloon, Hong Kong, the various media outlets stationed there were not entirely certain that the big short seller would actually make a public appearance. After all, lawsuits and investigations had been filed in various countries, and a low-key approach was a common tactic.

Now, the real short sellers have arrived!

Moreover, this major short seller arrived with unwavering resolve following yet another fresh case of fraud by a listed company!
Just as this public appearance suggests, the big short seller has indeed responded to the media for the first time, even if it's just one sentence.

—I was surprised; he was very brave.

Genuine surprise or feigned surprise? Surprised about what? Pretending not to have done it yourself? Or surprised by the commotion after the other party was exposed?

As for bravery, the reporters who had already read the whole story unanimously agreed that Ying Jianren of the Tie Niu Group was indeed brave. They had initially thought that he was open-minded and fearless based on his actions over the past few days.

But now it seems that, despite carrying a grenade, daring to walk right into the line of fire was undeniably brave.

However, the price of that courage was too high.

"Mr. Yu, did you expose Zotye's subsidy situation?"

"Mr. Yu, are you unwilling to admit to shorting Jinma Shares?"

"Did the short selling by Guoshanfeng involve any illegal activities?"

The short seller's reply ignited even greater enthusiasm, but amidst a barrage of follow-up questions, Yu Xing's figure quickly disappeared into the hotel.

As a renowned five-star hotel, The Ritz-Carlton helped maintain order and made every effort to ensure the privacy of its guests during their stay.

Media reporters are always quick to respond, and this time, with a gathering of elites from both China and abroad, the rapid spread of information on the internet allowed the general public and industry peers to confirm Yu Xing's arrival in Hong Kong, thus dispelling the rumors of border control.

However, although this rumor was circulating widely, few people in the industry believed it. The key point was Yu Xing's response to the news of the financial scandal at the Golden Horse Awards that afternoon, and according to his arrival time in Hong Kong, the scandal broke out while he was on the plane.

Tencent quickly released a satirical report titled "Short Sellers Soar in the Sky, Thunderstorms Chase on the Ground," using the words "suspected" and "possible" throughout to describe the latest events that occurred that afternoon.

Although Tencent has recently been involved in a propaganda offensive against the "King of Short Sellers," it is quite happy to see its old rival Alibaba's propaganda campaign fail in this way.

However, Jia Yueting was very dissatisfied with this report. What do you mean by "suspected"? It's definitely 100% Yu Xing who did it!

They just had to choose the time when Ying Jianren was being interviewed live!

They deliberately chose the time when Yu Xing was flying in the sky!
Is this some kind of clumsy attempt to create an alibi?
Just look at who the biggest beneficiary is!
Jia Yueting was extremely frustrated. While Ying Jianren was indeed foolish, Yu Xing quickly found problems with Zotye, and his resolute counterattack and ability to expose fraud and short selling were particularly terrifying.

He never expected that Yu Xing would dare to openly attack a listed company at a time like this...

Jia Yueting really wanted to rush up to Yu Xing and tell this big short seller in person that in the current public opinion situation, he should keep a low profile!

You still have Silicon Carbon Group, you still have Silicon Carbon Data, why insist on this kind of thing?

Sitting in his car, Jia Yueting kept refreshing the news and logged into the Baixiaosheng Forum with a secondary account. After unexpectedly encountering a post summarizing Yu Xing's pessimistic remarks, his fear suddenly reached its peak.

He genuinely hadn't expected that Zotye, the company he had previously contacted and instigated, would have such problems. Now, this undoubtedly proved Yu Xing's foresight once again. So, with Zotye collapsing, even if Singulato, Qiantu, and Youxia joined forces, they would be of little use...

It's hard for LeEco to avoid once again catching the attention of onlookers.

"Mr. Jia, we've arrived."

The driver slowed down, and the secretary in the passenger seat reminded the boss in the back seat.

Jia Yueting rubbed his face, forced a smile, and could already see Sun Hongbin at the hotel entrance through the car window.

He got out of the car and greeted Sun Hongbin, who took the initiative to shake his hand.

As Sun Hongbin shook hands, he jokingly asked in surprise, "President Jia, I heard that our short-selling king, Mr. Yu, doesn't think highly of your LeEco? And you're actually riding in a car he made?"

Jia Yueting laughed and said, "It's his freedom to say what he wants, and it's my freedom to ride what I want. Mr. Yu's car manufacturing is not bad. As for the rest, we'll wait until his lawsuits are settled before we see."

Upon hearing this, Sun Hongbin was somewhat impressed by Jia Yueting's magnanimity.

He gestured, "Mr. Jia, please, please come in."

Jia Yueting politely declined, and then walked into the hotel side by side with Sun Hongbin.

He now needs as much funding and resources as possible to hedge against the risks of the chain reaction caused by the decline in LeEco's stock price.

Not only Sun Hongbin of Sunac, but also Alibaba in Lin'an and Tencent in Shenzhen are potential cooperation targets for lobbying.

……

"Thin."

Upon arriving at the hotel suite, Yu Xing briefly explained the situation and then dismissed everyone. He then went to another suite, where he met Liu Wanying, whom he hadn't seen for over a month. Liu Wanying was noticeably thinner.

She hugged Yu Xing and whispered, "You too."

Yu Xing stroked downwards with one hand: "It makes your legs look longer."

"You..." Liu Wanying's tender feelings were interrupted by these words, "It seems your pressure isn't great enough."

"Pressure is pressure, and legs are legs; they can't be confused," Yu Xing laughed. "It's already like this; their voice analysis has completely discredited me, and I'm helpless. Fortunately, the Red Falcon is still the Red Falcon."

After a few seconds of silence, Liu Wanying said, "President Xiong and President Xu haven't called me yet, so they must have assumed I am too."

There were mutual suspicions and inquiries between Xiong Xiaoge and Xu Xin, but apart from when Guo Shanfeng was first exposed, he never called Liu Wanying again.

Yu Xing disagreed: "Let them think what they want. People outside think they are too. Hehe, someone asked me that, and I was just being ambiguous. The more suspects the better. Anyway, my accuracy rate from crossing the mountain peak to now is 100%. I have a sense of righteousness."

Combating counterfeiting is everyone's responsibility, and we must step up without hesitation when it comes to overcoming obstacles.

Liu Wanying was taken aback; this was something she hadn't heard in the previous call.

Since the incident was exposed, the two have been talking on the phone almost every day, except for the last two days when they haven't been talking much because they had a lot of things to arrange in Lingang.

After a brief moment of tender conversation with Yu Xing, Liu Wanying inquired about Zotye's alleged fraud.

Yu Xing briefly recounted the events and gave a characterization: "This is the first case of a dealer in the domestic new energy vehicle industry making a real-name report. It should become a typical example because the chain of evidence is very complete, the technical means are very clear, and the policy loopholes it reflects are also very obvious. This part will definitely be plugged soon."

Liu Wanying seemed to be deep in thought, then suddenly asked, "What about LeEco? Is there something wrong with LeEco?"

Yu Xing couldn't help but laugh: "You have this reaction, and I'm afraid many people will have the same reaction as you. LeEco's problems are not complicated. Its past financial reports have questionable profits, its related-party transactions between listed and unlisted companies are questionable, the health of its capital chain is questionable, and the risks of its asset guarantees and equity pledges are questionable, not to mention the so-called business synergy in the ecosystem."

"If we don't follow the actual short-selling report, in reality, once LeEco's stock price falls to a certain extent, Jia Yueting's pledged shares will also be liquidated."

Hearing such a series of doubts, Liu Wanying sincerely said, "With so many doubts, let's go and investigate in person. If there are any problems, they will probably be easy to find out."

Yu Xing said, "Whether the elephant in the room exists or not is another matter. Besides, regardless of whether we come forward to question it or not, this situation cannot continue like this. Of course, I'm still happy to give it a push."

Liu Wanying understood the short seller's intention and sighed softly, "I've been thinking about this a lot these past few days. Now that we've made progress in silicon carbide, we should..."

“What’s the point of ‘should’ or ‘shouldn’t’?” Yu Xing interrupted. “If you don’t believe in the logic of a perfect story, do you really think you can turn Guoshanfeng into a perfect story? This isn’t even the worst situation yet.”

Liu Wanying frowned and said, "The settlement amount those lawyers mentioned is probably a problem."

“I’ve talked to Liu Jiankai. Cryptocurrency has developed very rapidly in the past two years,” Yu Xing said, making arrangements. “Song Yufeng has been working with Liu Jiankai overseas on ‘Kebit’ last year. He can take charge of some of the work. The cash flow that runs through the mountain peak can be disguised in several layers. That kind of thing makes money quite quickly, so it’s worth a try.”

Liu Wanying slowly considered the situation and the attitude shown by the short seller king.

Yu Xing noticed that Xiao Ying's clothes had become looser recently, so he loosened her clothes for her.

With her mouth covered, Liu Wanying wanted to talk about serious matters again, but after a slight struggle, she quickly feigned reluctance.

The title of "King of Short Sellers" has been clearly bestowed upon Yu Xing, but his achievements are the result of both his direction and execution.

At this moment, the King of Short Sellers was in complete mental and physical harmony.

……

The IPO prospectus launch and meeting with the "King of Short Sellers" of Silicon Carbon Group was held in the Diamond Ballroom of the Ritz-Carlton.

This theater-style banquet hall can accommodate up to 900 people and has hosted numerous large-scale product launches by international brands and IPO roadshows for listed companies. It is fitting that it is now hosting an event for an international brand.

On January 9th, the scheduled time for the event was 9:30 a.m., but before the time and the main guests arrived, the banquet hall was already packed with guests and the atmosphere was so lively that even the aisles were crowded with reporters.

At 9:20, Yu Xing, dressed in a formal suit, arrived at the venue. He glanced at the guests and then had to squint at the sudden burst of flashes from the cameras.

For some inexplicable reason, he found himself in a state of bewilderment, feeling both amused and exasperated.

The large screen, microphones, seats, and materials have all been arranged.

Yu Xing felt everyone's enthusiasm, sat in the middle, glanced at the time, and picked up the microphone.

As the short seller made his move, the previously noisy venue suddenly fell silent.

The "King of Short Sellers" introduced himself: "Hello everyone, I am Yu Xing, the founder of Silicon Carbon Group."

The venue remained quiet, as if everyone was waiting for something.

Yu Xing glanced at everyone present and introduced himself again: "Hello everyone, I am Yu Xing from Guoshanfeng."

The room erupted in enthusiastic applause. That's right, that's right!
　I'll think about this part and finish writing a longer chapter tomorrow.

　　
　
(End of this chapter)