At 8:30 in the morning, a piece of information exploded across the financial sector, sparking a heated debate on Weibo. It was a confession of financial fraud from a company called Baiyao Biological.
Of course, this company was a Heavy Position Stock of the Shengyuan Group.
No company is completely devoid of issues. If you have even the slightest problem, a force at the level of Zhongyi Tang can unearth it.
The confession didn't go into much detail, merely laying out various financial fabrications. The company was now under investigation by the relevant departments.
You know, Baiyao Biological had a trillion-level valuation. It was considered a star stock. And it turned out they committed financial fraud?
It's like this: if an ordinary person swears or gets into a fight on the street, at most they spend a few days in jail, get out, and that's the end of it. But if it's a public figure, their future is over.
"Mr. Chen, have you seen the news on Weibo?"
