Public outcry online was immense. Everyone wanted to know where the more than four billion had gone.
Why had principal-protected investments bought with so many families' hard-earned money suddenly become investments without principal protection?
The sudden disappearance of those four billion-plus had caused the collapse. What had happened along the way? What specific transactions had taken place? Where was the money now, and exactly where had it gone?
Whether there were insider connections and insider trading involved was another question drawing considerable attention online.
These concerns also aligned with the three questions Su Bai had asked.
For a time, the internet was filled with discussion of the more than four billion that had vanished in the Laihai Bank collapse.
People also discussed how Laihai Bank had exploited legal loopholes to avoid compensation after so many investing families lost everything.
And the discussion only grew more intense.
After all...
In everyone's understanding, investing through a bank was supposed to be very safe.
"Our bank can't afford to offend either side in this matter. We can only cooperate fully. Leaving everything else aside, we have to stall this for now."
People with savings would put them in banks, buying principal-protected investments or making fixed-term deposits.
"This is such bullshit!"
After this incident came to light, Laihai Bank immediately faced the risk of a bank run.
Many voices online also called for the local China Banking Regulatory Commission and the bank to respond.
"I say we just withdraw all our bank deposits!"
After higher authorities took the matter seriously and demanded appropriate responses from Laihai Bank and Upper Capital Bank.
To boost investors' confidence and curb this situation!
Elsewhere.
"Who the hell would dare keep all their money in a bank after this? You wouldn't even be able to get it back,