Just when Li Dong was worried that all the women were about to return to Pingchuan, just when Yuan Xue and the others rushed back to Pingchuan.

At this moment, the mall will not be calm because of Li Dong's low-keyness.

On November 15th and 16th, for two consecutive days, CCTV News' 30th column conducted a detailed management vulnerability tracking report on the problems existing in Baidu's bidding ranking search results.

Xinhua News Agency also published an editorial at the same time "Fake drugs are rampant on the Internet, and bidding ranking is the root of disaster."

As soon as the news came out, the US stock market closed on the 18th, and Baidu's stock price fell sharply.

On the 18th, Baidu's stock price plummeted by 25.04%. On the 19th, Baidu's stock price continued to fall sharply, with a drop of more than 30% in two days.

It was not until the US stock market was closed on Saturday on the 22nd that Baidu gained room for breathing.

However, in one week, Baidu's stock price plummeted by nearly 40%.

Before the news reports appeared, Baidu's share price was around $180. By the 22nd, Baidu's share price closed around $120.

In the past year, Baidu's stock price was as high as US$420, and at this moment, there was only a fraction of it left.

Li Dong didn't pay much attention to this matter before. Although Li Yanhong cried and apologized everywhere these days, Li Dong was too lazy to care about him.

But unexpectedly, Li Dong didn't care about him, but Li Yanhong took the initiative to find Li Dong.

Because major credit evaluating institutions have lowered Baidu's stock ratings, Citi has dropped from "buy" to "sell", and its target stock price has dropped from $300 to $110.

Baidu's stock price is still falling, and some analysts even believe that it may fall below everyone's imagination and fall below the $100 mark.

At this time, Li Yanhong really couldn't sit still.

He has been to the United States these days, and he has also sent an apology letter from the inside. He has even apologized several times in the media, expressed his intention to make rectifications several times, and has even begun to make rectifications.

But none of these works!

The stock price still has the risk of falling below the bottom line, which is an extremely terrible thing!

In order to prevent being speculated by some capital institutions, Li Yanhong finally thought of asking for help.

The first target he asked for help was Li Dong.

On the afternoon of the 24th, China Monday afternoon.

In the early morning of Monday, all kinds of negative news emerged in the past few days. After two days of closing, not only did there be no signs of improvement, but there were news that Baidu is likely to continue to suffer heavy losses today!

Li Yanhong was really unwilling to give up, so he called Li Dong.

The opening is to sell part of the stock to Li Dong, and the price is easy to negotiate.

The key point is that I hope Li Dong will cooperate to issue a favorable announcement to correct Baidu's reputation.

Li Dong became famous all over the world some time ago. In the eyes of many American investors, Li Dong is synonymous with legends.

Moreover, Li Dong has cooperated with major well-known investment banks, and those investment banks are also very optimistic about Li Dong.

At this time, Li Dong was optimistic about Baidu and had a great influence.

Li Yanhong is actually not worried about retail investors. The limited influence of retail investors. What really causes Baidu's stock price to plummet is caused by major securities companies and investment banks.

These people are the main holders of Baidu stocks.

They are not optimistic about it, and Baidu's stock price plummeted and never ended.

And now, not only are some people not optimistic about it, but some investment institutions are targeted to suppress Baidu's stock price and are preparing to speculate.

In less than a year, Baidu's stock price fell from $420 to $120, which is not something retail investors can do.

At least Baidu has not been greatly affected in this cold winter of the financial crisis. Revenue, profit, net profit, and statements in the first three quarters are all growing and increasing.

In this case, there is no reason for this plunge trend.

From its peak, the total market value is more than US$40 billion, and now, Baidu's market value has reached US$12 billion, which is even worse than Ma Yun's Alibaba.

In less than a year, nearly 30 billion US dollars evaporated, equivalent to two and a half Baidu now!

Li Yanhong now wants to die. He also wants to find Li Dong as a living person to see if he can use Li Dong's reputation and help Baidu stop loss.

This is not the first time in the industry.

Some time ago, Mengniu's stock price plummeted, and many people in the industry bought Mengniu's stocks, helping Laoniu raise the stock price and preventing it from being speculated by overseas institutions.

Now, Baidu also hopes that someone can help raise the stock price to prevent it from continuing to plummet and being speculated by financial institutions.

Baidu is listed in the United States and has this ability in China, which has not many people affecting the US financial market.

Li Yanhong himself is one, but now something is wrong with his own company, so he certainly can't do it.

As for the others, Li Dong is the most suitable one at present.

Although he did not go to the United States, his Weibo was just logged in to the United States, and Li Dong was even known as the "Titan Giant". If Li Dong made remarks on a media platform like Weibo International Edition, it could affect foreign countries.

And there are also many investment banks supporting Weibo.

Since these investment banks have chosen Weibo, unless they deliberately want to speculate on Baidu's institutions, they should believe Li Dong's vision anyway.

So, Li Yanhong found Li Dong.

What he cares about is nothing else. He sells stocks to Li Dong, not to attract any investment. Baidu is not short of cash flow for the time being.

Li Yanhong's only purpose is to borrow Li Dong's reputation.

No matter what, let’s try it, it’s better than being indifferent.

Moreover, a large proportion of Baidu's investors are also from China.

Li Dong is synonymous with Li Jinshou in the Chinese business and financial industry.

Having his presence can increase confidence among these investors.

Li Yanhong even doubted whether the plummeting Baidu's stock price had anything to do with Li Dong.

This bastard, who had previously held 300,000 shares of Baidu, did so in the first half of the year, Li Dong took action at around 400 US dollars, cashed out all of them, and did not leave any of them.

As a result, after he left the market, Baidu's stock price fell so badly.

Although Li Yanhong knew that Li Dong’s 300,000 shares were nothing, and all of them were sold, it would not affect Baidu’s stock price.

But I couldn't resist it. As soon as Li Dong left the market, Baidu's stock price fell again and again. It was so mysterious!

When Li Dong held stocks in the past, it soared year by year and made money every year. Now it's better. As soon as he left, Baidu was in tears.

Employees and executives with a little superstitiousness are now suggesting that Li Yanhong bring Li Dong back soon.

No matter whether it is true or not, no matter whether it is mysterious or not, if you don’t try it, who knows if it is because of his reasons?

Don’t think that high-end elite talents don’t believe in these things. Many people actually believe in them. When doing business, sometimes luck really accounts for a large proportion.

Especially Li Dong has almost never failed in recent years. Many people think that Li Dong is definitely lucky to be against the will of heaven.

When Li Yanhong called, Li Dong happened to finish the phone call to Yuan Xue and the others.

When Li Yanhong heard that he asked him to buy stocks, Li Dong couldn't help but smile and said, "Yanhong, I know my own affairs. You said that you are lucky or not.

I bought Baidu stocks, but it may not have any impact.

Moreover, your Baidu bidding is indeed a problem. I think it is the first time that you don’t make any corrections. In the future, you will inevitably be taken out and whipped the body.

I'm wondering, how much profit does Baidu bidding bring to you?

Having a reputation is bad, are the losses caused by great losses?

Over the past year, US$30 billion has evaporated. Is the previous decline related to this matter?

Recently, it has fallen by nearly $60, and almost $6 billion has evaporated, nearly 40 billion yuan!

Can you make 40 billion by bidding on Baidu?

Isn’t this a mess?”

Li Dong shook his head. This was the first time. He only knew about it, and there were a few more times later.

Every time, Baidu bids are caused by the trouble. On this alone, Baidu has lost at least hundreds of billions of yuan!

Li Yanhong is sometimes really stubborn and can't let go of her.

Actually, Baidu doesn’t know the issue of Baidu bidding?

The benefits are one point, not to mention this for now.

Another point is related to Li Yanhong and Xu Yong's parting ways.

Xu Yong, the Baidu founder who Li Dong bought Baidu stocks.

Xu Yong is a true entrepreneur, and almost all the investment funds from Baidu in the early stage were brought by Xu Yong.

Xu Yong also held Baidu shares second only to Li Yanhong, but unfortunately, the two later had no choice but to leave Baidu due to some differences.

Where are the differences?

The biggest difference is whether Baidu bidding should be done!

Xu Yong said he would not do this, and Li Yanhong insisted on doing it. This was their biggest disagreement and controversy.

In the early stage, Baidu bidding did bring great help to Baidu, with rising revenue and rising profits, which added strong persuasiveness to Baidu's listing.

However, success is Xiao He and failure is Xiao He!
To be continued...