Movie Variety Show: Starting from a New World

Just five minutes after Wei Qing hung up the phone, there were no more sell orders for stock No. 414. The entire market was filled with buy orders, but there was no demand at the price.

But the Qilin Society has gone crazy.

"What is going on? Why are all our accounts blocked? And even the money in the account is blocked? Call the exchange immediately. What is going on?" After receiving the report from his subordinates, Dr. Wu immediately broke away from his calm demeanor and became extremely angry!

"What's going on?" asked the other members of the Qilin Society curiously.

"The trader just called me and said that all the accounts we used to manipulate 414 have been blocked!" Dr. Wu was extremely anxious.

In order to manipulate this stock, the Qilin Club had invested heavily. The principal in these accounts alone was 40 million, plus today's profits. At least 100 million in funds had been frozen!

"What's going on? Did something go wrong?" an old man asked anxiously. He had invested three million in today's operation. If something went wrong, he would lose a lot of money!

"Don't worry, I'll call and ask!" Dr. Wu stopped walking, ran to the desk, picked up the phone and made a call.

"What? We are trading illegally? Our financial accounts and stock accounts are going to be frozen? Which law have we violated?" Dr. Wu said in shock after asking a few questions on the phone.

"This is a notice just issued this morning by the central bank!" The person on the other end of the phone was also shocked. This notice had not been issued before they started work, but it suddenly appeared now. How could he not be shocked?

"If there really is such a notice, why don't we have any news about it? And what exactly is that notice about?" asked Dr. Wu.

"In principle, the number of transactions per account per day shall not exceed ten times. If it exceeds this number, it will be deemed as illegal transactions. This is a new regulation. The central bank can decide on its own and there is no need to hold a meeting to report it!" the other party said helplessly.

"As the administrative department, can he issue random orders at will? This is killing our enthusiasm!" Doctor Wu roared.

"Doctor Wu, it's useless for you to tell me this! These things are not for me to decide! In fact, it's just that you are too greedy! In the 414 incident, you are cutting the leeks too harshly!" The other party hung up the phone after saying this.

When Dr. Wu heard the busy tone in the microphone, he felt as if his face was being stomped on the ground!

"Bang!" Doctor Wu slammed the phone down on the table, frightening the group of old men nearby.

"Doctor Wu, what's going on?" asked an old man.

"They said we violated regulations and froze our assets and accounts, which might be confiscated!" said Dr. Wu.

"How could this happen? Why? And when did our country have such a regulation?" said another old man.

"This is the notice from Peking this morning!" Dr. Wu said with a grim expression.

"Is this targeting us specifically?" an old man suddenly said.

"Targeting us specifically? Is the country going to take action against us?"

"No way? Why are you attacking us? We haven't done anything excessive."

"He said it might be related to 414!" said Dr. Wu.

"Is it related to 414? What's the connection? Is it because our behavior of harvesting retail investors has made the higher-ups unhappy?" An old man guessed accurately.

"How is that possible? This is not the first time we've done this. How could it be because of this?" Doctor Wu looked grim.

If what the other party said was true, it could only be that their behavior of harvesting retail investors was unbearable to the higher-ups, so they intervened directly.

The Qilin Club was in chaos, and the exchange was suddenly in mourning.

Because the 414 stock is banned from trading! Everyone's funds are locked up! As for when the ban will be lifted, we have to wait for notification.

"Wei Qing, is this also your work?" Daisy looked at the words "No Trading" behind the 414 stock and felt it was so glaring.

"Of course, there will be a notice later that all retail investors' transactions today will be invalid. Do you understand?" Wei Qing looked at Daisy and asked.

"Is this the sharp knife from the yamen you mentioned?" Daisy asked.

"That's right! And I just asked a classmate for help. That kid's family works in the Ministry of Finance, and his connections are even stronger than mine! It's like a piece of cake to make a small regulation, but such a small regulation directly caused Qilin Club to lose all its money. Do you understand now?" Wei Qing said with a smile.

"I understand, Wei Qing, I will never play stocks again. After seeing your operations, I realized that my so-called abilities are simply a joke!" Daisy said with admiration on her face.

"Haha, what are you talking about? This is just a small matter for me. The real powerful one is Dad! He is the real ruthless guy. You will know when you have the chance in the future!" Wei Qing said with a smile.

In the end, Qilin suffered heavy losses in this 414 incident, its account was blocked, and it was impossible to unfreeze the funds in the foreseeable future. However, those retail investors got back the money they spent on buying stocks that day.

As for those before today? They were completely locked up, just like the Qilin Club, and there was no sign of thawing.

The ones who suffered the most from this incident were the shareholders of Kirin and 414. Their opportunity to raise money through listing became a joke.

They also wanted to ask the management department for an explanation, but because this regulation was a notice issued directly by the Peking Central Bank, there was no way to change it.

Some members of the Qilin Society even wanted to go to Beijing to seek justice, but were persuaded to stop. After all, they were just a Shanghai-based capital group, not yet the giant conglomerates they would become decades later. Wanting to go against Beijing? That would be courting death.

Dr. Wu also knew that he was a little upset because of the huge losses. Although everyone tried to persuade him, Dr. Wu still felt very heartbroken.

"What else can we do now?" Dr. Wu forced himself to calm down and asked the rest of the staff.

"Now we still have to find out who is plotting against us! Only then can we think of measures to deal with it. Otherwise, just waiting for news will not work!" said an old man.

"I'll ask someone to go to Peking to find out what's going on!" As the external contact of Qilin Society, Dr. Wu certainly has his own information channels, so he is the only one who can handle this matter.

"We must understand the reason for this failure. We must learn a lesson and not let this happen again! No one's money comes from the wind!" said an old man who had been sitting there.