When it comes to financial fraud, Huidefeng Shipping Company dared not hire an accounting firm in Xiangjiang at all.

Such things must be as secret as possible.

So, the best choice for this is to ask an accounting firm controlled by the Sydney consortium to complete it.

Dainester Accounting Firm, one of Australia's top ten accounting firms, was cultivated by the Sydney consortium.

As a third-party financial auditor, Dainster Accounting Firm has sufficient credibility to scare investors in Xiangjiang.

When urgently re-producing financial reports, Justin Kyle held a press conference to curb the decline in stock prices, which lasted for half an hour.

At the press conference, Justin Kyle's attitude was extremely tough. The report criticized Jiuding Securities Research Institute was extremely wrong and full of malice. He repeatedly stated that Defeng Shipping Company's business was in good condition and had no losses at all. Now

The company is already producing the financial report for the previous year and will make it public to the public in the near future, asking investors to remain rational enough.

It has to be said that the effect of this press conference was very good. After the media reported it extensively, market sentiment was greatly comforted, and more investors chose to wait and see temporarily.

Just the words of Justin Kyle, Xia Yu absolutely does not believe it.

His Jiuding Business Research Institute has a clear understanding of the situation of various companies in Xiangjiang. It can be said that he has the most information except operators.

Before Tuoling Company suddenly came out to acquire Huidefeng Shipping Company, Xia Yu had already investigated it very clearly. He knew exactly what Huidefeng Shipping Company's foundation was.

It is absolutely impossible for Tuoling to fill the holes in the first three quarters immediately after taking over, which will make a huge improvement.

Justin Kyle swore that Defung Shipping Company's financial report would prove everything, and Xia Yu didn't have to think about what he might do.

But no matter how you guess, the key is to provide strong evidence.

I can only say that Justin Kyle underestimates Xia Yu's intelligence collection ability.

With Xia Yu's order, Luowang immediately conducted secret monitoring of relevant financial figures from Huidefeng Shipping Company, and intelligence personnel also sneaked into the finance room at night and installed eavesdropping machines.

Soon, there were results.

Jiuding Building, Xia Yu's office.

Xia Yu leaned on the chair in a comfortable position, holding a financial report copied by the intelligence personnel in his hand. This financial report was the most real one.

"Sure enough, Huidefeng Shipping Company's losses were very serious, even higher than the analysis by Jiuding Securities Research Institute."

After reading the financial report, Xia Yu sneered, then threw the financial report on the desktop and turned on the special recorder.

"...Sarah, the data here still needs to be adjusted and completed as soon as possible...Daynster Accounting Firm..."

This eavesdropping recording was selected by Luowang intelligence personnel from many recordings and is also the most useful one.

At the same time, Luowang also investigated the information of Dainester Accounting Firm based on the eavesdropping content, and before Xia Yu ordered, personnel from the Australian branch had already arranged for the action.

There is no harvest yet, but there is still time.

Afterwards, Xia Yu made an instruction to let Luowang monitor the relevant personnel of Dainest Accounting Firm and must catch clues.

More than a week passed by.

Huidefeng Shipping Company's market value fell to around HK$6.5 billion and stabilized. Although the fluctuations were drastically, it did not continue to fall.

On the morning of February 24, Huidefeng Shipping Company officially announced its financial report for the previous year.

According to the financial report, in 1984, Huidefeng Shipping Company's total turnover was HK$9.7234 billion, net profit was HK$362 million, and net profit margin was 3.72%.

Although the net profit margin is very low, Huidefeng Shipping Company maintained profitability in a sluggish shipping market, turning losses into profits compared to 1983.

Each of the shipping companies in Xiangjiang, such as Wanbang Shipping, Oriental Overseas, Huaguang Shipping, etc., are in a loss.

The right judgment is right!

And this time, Huidefeng Shipping Company has not received profit dividends from its five subsidiaries.

Considering the special influence of Huidefeng Shipping Company and the entire Huidefeng Consortium, the market value of Huidefeng Shipping Company will naturally not be limited by the price-to-earnings ratio.

After the financial report was released, Huidefeng Shipping Company's stock price started a surge.

When the market was closed that day, the market value of Huidefeng Shipping Company had returned to the scale of 10 billion Hong Kong dollars, reaching 10.742 billion Hong Kong dollars.

The daily increase is as high as 65%!

The increase jumped to the top in Hong Kong stocks!

Of course, Huidefeng Shipping Company cannot avoid becoming the biggest hot topic in the capital market.

Over the past few years, the credibility of Jiuding Securities Research Institute has been developed, but this time it has fallen into Huidefeng Shipping Company, and no one has questioned it.

However, Huidefeng Shipping Company's financial report is indeed very reasonable, and its net profit margin is only 3.72%, which is not outrageous.

Therefore, although some people questioned it privately, they could not provide evidence and could not find out the financial report loopholes of Huidefeng Shipping Company.

Some relatively cautious investors secretly took advantage of the rise of Huidefeng Shipping Company's stock price.

On February 25, under the operation of Tuoling Company, the stock price of Huidefeng Shipping Company continued to rise in dispute and once again reached the 12 billion Hong Kong dollar mark.

Just as Justin Kyle breathed a sigh of relief, the stock price of Huidefeng Shipping Company fluctuated violently for a few minutes, and then a large number of sell orders appeared on the market, and the stock price began to fall.

When he was confused, his subordinate suddenly rushed into the operation room to report the emergency to him.

"President, it's not good. Jiuding Securities Research Institute publicly reported our company's financial fraud to the China Securities Regulatory Commission and the Xiangjiang Stock Exchange in real name."

"How is that possible!"

"How dare they do this?"

Justin Kyle's face changed drastically, and his heartbeat suddenly accelerated.

This is a cruel act of lifting the table. Why did Jiuding Securities Research Institute have the courage to report it?

Jiuding Securities Research Institute directly bet on the company's credibility, which is definitely a madman's behavior!

This was completely beyond Justin Kyle's expectations, and he caught him off guard.

"Did they have enough evidence?"

"The real situation of the company is leaked? Is there a traitor?"

A few thoughts suddenly appeared in Justin Kyle's mind, which made his palms sweat quickly and his body tremble with nervousness.

"It must be found out!"

Thinking of this, Justin Kyle hurriedly left the operating room and called Melan Marjorie, asking him to call all the relevant personnel who compiled the financial report into his office.

In addition to urgently checking the traitor, he also had to repeatedly confirm the accounting situation to ensure that it was difficult to find out.

The China Securities Regulatory Commission and the Xiangjiang Stock Exchange received a real-name report and would definitely come to Huidefeng Shipping Company to check the accounts!

This is a fatal crisis!
Chapter completed!