Chapter 690 - 693: Do Your Best

Chapter 690: Chapter 693: Do Your Best

It was dusk, and the streetlights were on. Though it was time to get off work, no one at Yulei International dared to leave their post due to the looming crisis. Mo Qianni was in her office, directing the situation.

Lin Ruoxi answered the phone, already calm. "The Nasdaq has opened, right? How's it looking?"

Mo Qianni's voice was weary and worried. "It's worse than I expected."

"I'm almost at the office. Give me a brief summary on the phone," Lin Ruoxi said.

"We've dropped nearly eight percent just minutes after the opening, and it's still falling rapidly. There's a lot of panic selling," Mo Qianni explained.

Lin Ruoxi frowned, not expecting such a severe situation. "Why so fast?"

"I hadn't been keeping up with the financial news. The Sam Nation's economy has been performing poorly, with many investors waiting for the Greek elections. Europe is in chaos, especially Greece and Spain. Retail giants in the Sam Nation have seen significant drops in sales over the past couple of months. The Dow Jones fell nearly one percent, and the S&P 500 and Nasdaq are seeing similar declines. Our stock is particularly prominent, so any issue is quickly noticed," Mo Qianni explained.

Lin Ruoxi tightened her grip on the phone. "I understand. Don't take any measures for now. I'll be there soon to direct things. Qianni, keep the employees calm."

"Okay, come back quickly. I'm losing my mind. I have no idea where Li Minghe ran off to at such a critical time! I've got so much of his work piled on me!" Mo Qianni sounded frantic.

Lin Ruoxi glanced at Yang Chen, gave a few more instructions, and hung up.

After parking, Lin Ruoxi unbuckled her seatbelt and said to Yang Chen, "Go to the police station and bring Mingyu back. I'm sorry to trouble her, but we need her help right now."

Yang Chen, though not an economics expert, understood the severity of the situation and nodded. "Don't worry. Do your best. Even if the company fails, I can still take care of you."

Lin Ruoxi rolled her eyes at him. "Don't worry. No matter how bad it gets, I won't need you to take care of me."

She got out of the car and ran to the elevator.

"Such a stubborn woman," Yang Chen muttered with a smile, watching her leave. He then rolled down the window and signaled to a corner.

Fanny, who had been waiting in the shadows, nodded slightly, understanding her orders to ensure Lin Ruoxi's safety.

Yang Chen didn't expect anyone to brazenly attack the company at this time but couldn't be too careful. With Fanny on guard, he could return quickly if anything happened.

Yang Chen drove to the police station, preferring to personally fetch Liu Mingyu.

Seated at the back, Lin Ruoxi remained silent, her eyes fixed on the ever-refreshing data on the screens. Her delicate face showed no expression as she gently covered her lips with one hand, deep in thought.

The executives wore looks of despair. Although they had survived two major crises before, thanks to Lin Ruoxi's brilliant strategies, they knew this crisis was different.

The previous crises were mostly financial, where the worst outcome was reduced profits and lost competitiveness. But this time, the company itself was on the brink of losing its competitiveness and future, facing a relentless onslaught.

As everyone felt helpless, Lin Ruoxi suddenly sighed and spoke, "Minister Wei, instruct the accounting department to start buying in quantities of two to five thousand shares using dispersed accounts once the drop reaches fifteen percent. Make purchases every ten to fifteen minutes, using at least a hundred different accounts in rotation."

Minister Wei of the accounting department was stunned, "What?"

Lin Ruoxi frowned, "Do I need to repeat myself?"

"No, no, no," Minister Wei quickly forced a smile, "President Lin, it's just that this method won't help our current situation. With so many retail investors selling off, this buying strategy is like a drop in the bucket and won't reverse the downward trend."

"Do as I say. You only need to execute, not explain," Lin Ruoxi's voice grew colder.

Minister Wei swallowed hard, bowed, and hurried out to relay the instructions.

Mo Qianni, concerned, said, "Ruoxi, don't be like this. I know you're anxious, but Minister Wei has a point. This buying won't make much of a difference."

Lin Ruoxi sighed deeply, "I know, but I have to do what I can and leave the rest to fate. Qianni, contact the heads of major banks and try to ensure our funds are secure as a precaution."

Mo Qianni nodded reluctantly, "I understand. What about giving some funds to the Athena Group? Maybe some market maneuvers could help."

Lin Ruoxi shook her head, "This isn't something that can be fixed with market maneuvers. The high prices at which people bought in, even after a twenty percent drop, are being sold off because they know holding on will only lead to greater losses. The Athena Group isn't omnipotent; they can't convince investors that we can pull through. What we need now is to get our operations back on track. I'll discuss some procurement and distribution adjustments with the others. Let's split up and get to work."

Though unwilling to admit it, Mo Qianni knew Lin Ruoxi was right. She gritted her teeth and left the conference room.

As night fell, the global economy turned its gaze to the East, where Yulei International's global branches began to feel the tremendous pressure, facing increasing turmoil.

Competitors were naturally delighted, as their main rival in multiple fields seemed poised to collapse. Many speculated that Yulei International might only retain its entertainment division, given Lin Hui's rising stardom and its considerable profits.

Amidst this quiet turmoil, in a luxurious villa within a seaside resort complex invested by the Yanxia Court, another scene unfolded.

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