High School Belle Fell in Love with Me

Chapter 394 - 189: If Even I Can’t Bear to Bully Her, What Gives Them the Right!

So just one day has passed, and he’s already found someone new?

Who’s he with this time?

The stunned Chen Weixing asked, "Old He, how many girlfriends does Old Li actually have?"

He Lewei sighed, "Who knows how many he has? Even if he has just one, that’s a level we can never reach in our lifetime. Damn it, this dog just looks a little bit better than me, right? I tried so hard to pursue a girlfriend, yet he can openly date several people at once without crashing."

"Is it possible that he’s just really good at navigating relationships, so even if he crashes, he can still drive on?"

He Lewei: "..."

"Keep a record, keep a record! This guy doesn’t participate in dorm activities again, let’s make him treat us to a meal during the holiday!"

...

Li Yang arrived at Jiang Banxia’s place, only to see Jiang Banxia in the middle of drafting an article.

The headline of the article was: Musician Is Already Insolvent!

This title was quite shocking.

Li Yang moved closer to take a look.

Jiang Banxia wrote this research report from the perspective of Wanliu Capital, after all, Musician is a public company, and Wanliu Capital is a financial institution, qualified to issue a research report.

Jiang Banxia first wrote about Musician’s layout in the film and television ecosystem, particularly the sharp rise in film and television copyright prices, which led to Musician’s costs increasing several times over.

He also covered the financing data of Musician, which over the years raised over 70 billion, and more than 50 billion through debt issuance and other means.

At the same time, the board of directors crazily cashed out in the secondary market.

Finally, there was the well-known Musician phone, not many sold but the costs were incredibly high. As shown in this year’s third-quarter financial report, they owe foreign mobile phone parts companies up to tens of billions.

In June of this year, they spent nearly 3 billion Hong Kong dollars to acquire an 18% stake in Coolpad for the sake of their phone, yet this expenditure yielded no return. Coolpad itself is half dead, and the burden of the mobile phone business on the entire company exceeds 6 billion, all of which has converted into debt.

Moreover, in Musician’s television segment, many manufacturers haven’t received payments for over half a year....

Jiang Banxia wasn’t writing this randomly; there were data to support it all.

After Li Yang finished reading, he asked, "Are you going to short Musician?"

"No, it’s not allowed to release short reports domestically, this is a research report."

Li Yang laughed and said, "Aren’t you afraid of getting sued? If this report comes out, Musician will definitely sue you."

Jiang Banxia smiled slightly, "Let them come!"

With that, she continued writing.

There was more content following that.

In October, Boss Jia acquired 300 acres of land in the Capital City for 980 million, supposedly to build a factory, and signed a bet agreement with the Capital City authorities to pay taxes of at least 300 million annually within three years, otherwise, revert to the original land price (2.98 billion).

But as soon as Boss Jia got the land, instead of building a factory as required, he mortgaged it, claiming it was to raise funds.

As everyone knows, Boss Jia’s car R&D department is located in the United States, where he also acquired significant land, promising to build a factory there.

Plus, the Capital City totally lacks the conditions for car manufacturing, first due to labor costs, second because of logistics costs.

The automotive supply chain is mainly centralized in the central and southern regions, so building cars in the Capital City and transporting them out would incur undeniable costs, yet bosses didn’t care about this fundamental logic? Are they laypersons or simply don’t care?

If it were in Jin City, it’d be understandable, since Jin City has a developed maritime industry and lower shipping costs.

The core idea of Jiang Banxia’s research report is simple.

Boss Jia is a fraudster, Musician is insolvent, and soon won’t be able to operate.

Li Yang watched alongside, not expecting Jiang Banxia to notice the news of Boss Jia acquiring 300 acres of land in the Capital City.

After Jiang Banxia finished writing, Li Yang asked again, "If you publish, you’ll offend people. How about you give me the draft, and I’ll find the media?"

His original plan was to take on Boss Jia by next January because he needed the ofo bike to go through another round of funding.

Jiang Banxia seriously said, "I’ll publish it, it carries more authority, it can’t be just them setting fires while we’re not allowed to light the lanterns."

Publishing in the name of Wanliu Capital will likely be more convincing.

Especially as since the end of September to mid-November, nearly two months, Jiang Banxia has firmly established her foothold in the A-share stock market, both the funds’ net values have exceeded 20 points.

Among them, the QDII fund, Wanliu Overseas Selection, has currently increased its net worth by 20 points.

And the Wanliu Mixed Selection, in nearly two months, nearly forty trading days, the fund’s net worth has already increased by 36 points, leading any fund domestically.

If it weren’t for the steady progress and increasing subscription funds, the initial 10 billion funds’ net value probably increased by 50 points already.

Jiang Banxia is balancing the real estate with no major directional changes in CMB, while also using 20% of the positions for high-frequency trading, essentially a mix of two trading modes.

CMB rose over ten points in two months, but Jiang Banxia has already made a profit margin of thirty points in CMB.

Whether it is high-frequency trading or large-scale capital operation, she handles it with ease.

Li Yang said helplessly, "They didn’t even bother you."

"But they’ve clearly targeted you, have you seen Boss Jia’s recent remarks?"

"No, I haven’t."

Of course, Li Yang had seen them, but no need to mention it.

Musician stands no chance, from when Boss Jia started cashing out largely last year, the outcome was foretold.

No good company can withstand such vampirism.

Recently, Boss Jia issued statements, though not directly naming, was certainly disparaging Li Yang’s Extreme Shadow Cars, claiming Li Yang’s just engaging in pure marketing, inherently without any real capability.

"Master Li, believe in me, I can handle this, even I wouldn’t bully me, why should they?"

Li Yang: "..."