This report, like an admonition to Lin Chen, was reposted by many people and became a hot search topic on Weibo.
Logically speaking, at this time, Lin Chen should have ceased his activities.
But he doesn’t!
Soon, his response came on Weibo.
"Since I can't wake up people who are pretending to be asleep, I won't insist on it. But I hope the relevant departments can keep a close eye on these companies and don't wait until they take away the money of innocent victims before they regret it."
After this sentence, Lin Chen wrote down the names of several P2P platforms, and then @called the police in various places.
After seeing this Weibo, Wu Hui finally couldn't hold back and went to find his father Wu Jian.
"Dad! What do you mean by Lin Chen? He's still trying to bite us after all this? Are all the P2P platforms he wrote about invested by our Guanghui Group? This person is so bad!"
In the Wu family, Wu Hui rushed to his father's room with the notebook in his hand, and handed the screen to his father with an angry look on his face.
Unlike Wu Hui's anger, Wu Jian looked indifferent after seeing this Weibo post.
After a while, he picked up the phone and called his secretary directly.
"Help me investigate the P2P platforms that the company has recently invested in! Give me a report tomorrow. I want to know whether these companies may have potential risks!"
As soon as Wu Jian hung up the phone, Wu Hui immediately asked: "Dad, are you worried about problems with those companies? How can you believe what Lin Chen said? He is maliciously slandering us!"
"You idiot! Investing in something like this is inherently risky. Even without Lin Chen's slander, we should be more careful!"
"But, aren't we all shareholders in those platforms? I, I also invested a lot of money in them..."
Since the collapse of Huihuang Company, Wu Jian has lost a lot of financial resources. This time his company established P2P finance, and he also invested a lot of money in it for the huge profit returns.
Wu Jian could only helplessly shake his head at this.
Fortunately, after the second day, they received a positive reply. Several P2P companies named by Lin Chen were operating in good condition and there would be no problems at all.
After receiving this news, Wu Jian immediately instructed these companies to issue statements to refute Lin Chen's accusations, and asked the company's legal department to send a lawyer's letter to Lin Chen, accusing him of defamation.
But this time, Lin Chen responded faster and more forcefully than before, directly stating that he could bet with them.
This is where the two sides began to talk.
However, this time, the public was no longer interested in the rhetoric of Lin Chen and Guanghui Group.
Because at this time, their attention has been focused on the stock market.
That day, as soon as the stock market opened, it began a crazy decline, and the decline was even greater than the decline after the opening yesterday morning!
Just an hour later, thousands of shares plummeted in the market.
At the close of midday, the stock index had fallen 1.5%!
Compared with this shocking plunge, no one cares about the rhetoric of Lin Chen and Guanghui Group.
Although some people continued to attack and curse Lin Chen on Weibo at noon, more people focused on the stock market.
They were frantically searching for the Weibo posts of all the stock commentators who thought there might be a rebound in the afternoon, looking at their baseless, completely baseless, and blindly written stock analysis, hoping that their words would come true.
However, reality is always cruel.
At the close of the day, the stock market fell 2%! Thousands of stocks not only fell, but also fell to the limit. At the end of the day, there were only less than 50 stocks that turned red!
Although after the close of the day, many stock commentators and investors still insisted that such a terrifying plunge was still just a technical correction, but in fact, this was the prelude to the end of the bullish market that had lasted for a year.
On the third day, the stock market continued to fall, and the drop once exceeded 3%! The market was wailing and screaming! Those experts and professors who had previously shouted that 10,000 points was the goal began to call on the national team to come in to rescue the market!
However, their appeals received little response.
Next, on the fourth and fifth days, the stock market continued to decline, with the total decline exceeding 10%! At least a thousand stocks continued to fall below their limit for three consecutive days!
Until this time, even the most optimistic people finally realized that the bull market that they had imagined could last forever was really gone!
The bull market that has lasted for more than a year has created one stock god after another and created one myth after another of sudden wealth.
But now the glory has finally passed.
However, the end of the bull market is just the beginning of a series of nightmares for those investors.
Investors are at least lucky. For them, as long as they don't sell their stocks, they still have a chance to get their money back.
Those who are most affected by the end of the bull market are actually the hot money that has been invested in the stock market because of the bull market!
This hot money includes residents' savings, bank loans, trust funds, and corporate idle funds.
This also includes loans that P2P platforms have absorbed from investors.
In a bull market, these funds don’t have to worry about being unable to recover their capital.
As long as you have money and are not too unlucky, an ordinary trader can get at least a 30% return in the market in a month.
With good luck, doubling or tripling is not impossible.
But now?
The loans taken back from investors have repayment dates. If the P2P platform does not want to default, it has no choice but to cut off the loans.
But even if they bite the bullet and resist the losses themselves, what about the newly invested money?
For each of these funds, the platform promises to give investors a rate of return of at least ten percent. With such a high rate of return, without the cornucopia of bull stocks, how can it be possible to earn back from ordinary investments?
When bull stocks are in market, P2P platforms don’t have to worry about repayment at all. But once the bull stocks disappear, these originally non-standard P2P platforms finally begin to realize the shortcomings of relying entirely on bull stocks to maintain company operations.
After a week of sharp declines, these P2P platforms can still rely on their early profits to survive for the time being.
But what next?
This weekend is destined to be uneventful.
On the stock investors side, some people go to burn incense and worship Buddha, some people go to borrow money from everywhere in order to buy the bottom, and some people sit tight and pretend to be dead, preparing to resist.
For countless P2P companies, the company's executives are looking for new investment channels, hoping to overcome this difficulty.
At the same time, Lin Chen was not idle this weekend either.
On Saturday night, Lin Chen went to a high-end restaurant in the city. At the table, Su Ningyu’s father, Su Zhengyi, smiled and said to Lin Chen: “Xiao Lin, come here, this is the Donghai City Police Department I told you.
Bureau Liu!"
"Liu Bureau! I have admired you for a long time!"
"Mr. Lin is the one we have admired for a long time! Mr. Lin, I heard from Mr. Wu that you have something to do with us?"
"Yes, Director Liu, I reported it with my real name. I suspect that several CEOs of P2P companies want to take the money and run away... I wonder if you are interested in getting involved?"