My autobiography is definitely not a tragedy!
Chapter 273 - 193: A Ball of Fire

Chapter 273: Chapter 193: A Ball of Fire

Just tonight.

While some became fabulously wealthy overnight and were ecstatic, others were plunged into panic by a mere article...

Since the article "The Vaccine King" was published on the Feixin public account yesterday, it has been pushed to the top of the trending searches by various media, websites, and onlookers nationwide within a day.

"I was so scared that I hurried to check my child’s vaccination booklet!"

"Who doesn’t have children? Won’t their conscience ache? Those responsible, do they have no descendants?"

"Tsk tsk! To live and see the day where overseas high imitation drugs are made to look like real ones, but our domestic companies, on the other hand, make real drugs look like fakes."

"Ironically, those who sell high imitation drugs are arrested, but those who sell fakes get rich, haha..."

"Infant formula during childhood, vaccines during youth, P2P during middle age, Hongmao medicinal liquor during old age—there’s always one to suit you..."

"You might escape the first day of the lunar month, but not the fifteenth; such is life, truly impossible to guard against!"

"I feel like it’s a miracle that I’ve managed to grow up unscathed."

"What’s been exposed is just the tip of the iceberg; the part not exposed beneath the sea level... it’s terrifying to think deeply about it!"

"OMG! I’m completely loaded up on Chang Chun’s stocks..."

"You need to calm down."

"Almost out of my life savings here, and you’re telling me to calm down?"

Parents panicked, and feelings of fear and anger continued to spread.

Chang Chun Biological’s management panicked, and even stock investors were panicking...

"Mr. Li! This is bad. I’ve heard that all major medical institutions have urgently suspended the use of Chang Chun vaccines, and it seems the issue is pretty much confirmed.

When the market opens tomorrow morning, I fear it will trigger a panic sell-off!

Mr. Li, we still have over 700 million funds tied up in this.

Plus... we took on 300 million in short selling operations not long ago, and with 2 times the leverage, that’s another 600 million, which makes almost 1.3 billion funds trapped in this..."

The secretary wiped sweat from his forehead.

"Damn it! The announcement only came out yesterday, and in just one day, everybody knows! Someone’s definitely messing with us behind the scenes!"

Mr. Li banged the table, having lost his usual composure.

As a CEO, he was naturally no fool.

The National Drug Supervision and Management Bureau had just issued a notice, and that very evening the article was published!

Thousands of words, spanning from 2001, with detailed data and references, tracing Chang Chun Biological’s criticized founding history and dark corporate past.

The content not only included the particularly infuriating loss of GY assets but also highlighted the sensitive issue of children’s vaccines, which are a sore point for many parents...

No wonder this article instantly ignited the fury of all netizens when these two explosive points were combined.

Was this a coincidence?

Even the most creative writer couldn’t bash out an article this quickly, could they?

Under the parents’ vocal denunciations, this matter had completely captured everyone’s attention.

And negative news like this, the wider it spreads, the more destructive it becomes.

Having been in the profession for decades, Mr. Li knew with his toes that Chang Chun’s stock price would be a disaster tomorrow.

If it doesn’t free fall, he, Elder Li, will jump off this 33rd floor to make up for it!

"So vicious! Too vicious! They’ve chosen a time that doesn’t give us any chance to react..."

While Mr. Li was angry, he also felt a chill down his spine.

No other reason but because the timing of this article was too damn cunning!

These two days just happened to be the weekend, when the stock market was closed.

Even if these big institutions had a more sensitive nose and better information channels, they had no opportunity to withdraw their funds ahead of time, which was quite embarrassing.

Typically, with information asymmetry, it’s the institutions that run first, leaving the retail investors always the last to know and harvested.

But now, the news had spread from one to ten and ten to a hundred, stirring up a storm across the city.

Even the elderly practicing Tai Chi in the parks knew about it, so there’s no point talking about information inequality.

"We had an agreement that we would run 100 meters first, the shrewd would run another 50 meters, and when the retail investors finally hear the gunshots, they’d die right at the starting line, perfect!"

But now?

Everyone is at the same starting line; no one has any advantage over the other.

When it comes to big funds in this situation, their legs won’t be any longer than anyone else’s, and if anything, it just means there are more people to catch the fallout...

It was as if this entire thing was targeting these big funds deliberately, from head to toe reeking of conspiracy!

"Mr. Li, what should we do now?" the secretary asked cautiously.

"What to do? Of course, sell everything we’ve got!"

Under these circumstances, Mr. Li did not believe that Chang Chun Biological still had any chance of recovery.

The situation had already incited public rage, and it wouldn’t be like before where you could get away with a fine of a few million, and the involved could still count their money in leisure.

To appease the fury, Chang Chun had to be heavily fined.

"Then... should we give the Xu family a heads up?"

"What? Give them a heads up?"

Mr. Li looked at his secretary as if he were an idiot.

Ever heard of every man for himself in times of crisis?

Ever heard of self-preservation at the cost of others?

At a time when it’s all about who can run fastest, you want me to remind someone else not to fall behind?

Do I look like someone who’s that honorable?

"Mr. Li, I... I understand," said the secretary with an embarrassed smile, under Mr. Li’s disapproving gaze.

...

Meanwhile, at the luxurious villa of the Xu family.

Xu Jingsong’s face was ashen, and his hand trembled as he held his tea.

billion!

That’s 9 billion!

It was half of Xu Group’s liquid capital!

All possibly tied up because of one inexplicable viral article!