The Wealth Empire Crossing the Hong Kong

Chapter 292 Panic Chen Zengxi

Chapter 292 Panic Chen Zengxi
The headline on the front page of Oriental Daily was not that Carrian's stock price was cut in half, nor was it that Xinjian's department ignored Carrian, but that "Zhong Zhenwen leaves Hong Kong".

Although Zhong Zhenwen is not as famous as Chen Songqing, as the second largest shareholder of Carrian Group, he is also one of the influential figures this year. With the rocket-like rise of Carrian's stock price this year, his assets have also risen. Another wealthy family in Xiangjiang is about to be born.

When Carrian Group was in crisis, the second largest shareholder of the group, the director and vice president of the board of directors, left Heung Kong, and the whole family left together. This has to make people think.

Chen Zengxi was also panicked at this time, once Carrian Group had a problem, the impact on Hang Lung would be too great, and he couldn't bear it.

Not to mention the 15% shares acquired by Hang Lung Securities at a cost of [-] million Hong Kong dollars, Carrian Group's multiple loans to Hang Lung reached [-] million Hong Kong dollars.

This is not over yet, yesterday afternoon Chen Songqing, Zhong Zhenwen and others told him that Carrian Group has no financial problems, it was just Li Jianhui's suppression of Carrian, and he even showed Carrian Group's financial report for the first eleven months up.

On the grounds of acquiring Carrian's shares on the market to increase the stock price, he pledged his shares in Carrian Group and borrowed [-] million Hong Kong dollars and [-] million Hong Kong dollars respectively.

At that time, he saw nothing wrong with the financial statements, and he also hoped that Carrian's stock price could rise. In addition, Carrian Group and Hang Lung had a close relationship. He felt that Li Jianhui's targeting of Carrion Group was actually aimed at Hang Lung, so he agreed. a loan.

So if there is a problem with the Jianing Group, the Hang Lung Group will lose more than one billion yuan, which is definitely not something the Chen family and Hang Lung can bear.

At this time, he didn't have the appetite to eat breakfast either, so he went directly to the study to find out the phone number of Chen Songqing's home, and called from the phone on the desk.

"Hello, this is the Chen Mansion."

"I'm Hang Lung Chen Zengxi, looking for Chen Songqing."

The person who answered the phone also knew about Chen Zengxi, and immediately responded: "Chen Sheng, our master is not at home. If it is convenient, you can tell me. I will tell the master when he comes back."

As soon as Chen Songqing was not there, Chen Zengxi felt bad, and hurriedly asked when Chen Songqing left and whether his wife and children were at home.

The response he got made him feel cold. The Chen Songqing family told the housekeeper and mother-in-law that something was wrong with them last night, and they hurriedly left the Chen residence with their wife and children.

Fortunately, he was not confused, and immediately called the general manager of Hang Lung Bank, asking him to rush to the headquarters immediately, and freeze the accounts of his group, Chen Songqing, Zhong Zhenwen and other group executives in Hang Lung Bank.

At this time, he didn't care whether it was legal or not, he just hoped to minimize his own losses. If these high-level executives transferred the funds away, then Hang Lung would have no chance of recovering the losses at all.

Chen Zengxi explained to his family and hurried to the headquarters of Hang Lung Bank. His most important thing now is to stabilize Hang Lung Bank. Zhong Zhenwen and Chen Songqing fled, directly confirming Carrian's financial fraud.

Paper can't hold fire, and Hang Lung's loans to Carrian and Chen Songqing and others will soon spread in Xiangjiang, and a run may follow.

When he arrived at the headquarters of Hang Lung Bank, he was told that Chen Songqing and Zhong Zhenwen had already transferred the funds yesterday afternoon, and that the funds in Carrian Group's account were less than three million.

Chen Zengxi almost fainted from anger, and kept asking why such a big matter was not reported to him.

"Chen Sheng, the reason for the other party's transfer of funds is to buy Carrian Group stocks. You also know that the other party has its own company for stock operations. We only thought that the other party bought stocks, so this happened."

Liu Liangyong, the general manager of Hang Lung Bank, felt wronged about this matter, and Chen Zengxi personally explained the business cooperation with Carrian Group.

For example, yesterday afternoon's loan was approved by Chen Zengxi himself. He has no right to intervene in how the other party's funds are used.

Moreover, the transfer of funds by the other party is not a one-off, but similar to stock trading. Who knows that the other party did not buy stocks at all, but transferred the funds away.

Instead, Hang Lung foolishly went in and bought a lot of stocks to help Carrian Group back up, thinking that they could make a fortune after the stock price rebounded.

"You go and inform the middle and senior management of the bank, and a meeting will be held in the conference room in half an hour."

After Liu Liangyong left, Chen Zengxi immediately called his partner in Tokyo.

He knew that Hang Long was already standing on the edge of the cliff, and there were countless forces behind him who were ready to push him. If there were no forces to help at this time, Hang Long would disappear in smoke.

It's a pity that Hang Lung Bank has too many problems this time. What Mitsui and Mitsubishi need are pieces that are beneficial to them, not to clean up the mess for them. Hang Lung has become an abandoned piece.

Chen Zengxi, who did not get good news from the two parties, immediately contacted HSBC, hoping that HSBC could give Hang Lung some help, especially the help in terms of funds, so that Hang Lung Bank can survive this crisis.

It's just that Chen Zengxi doesn't know that HSBC is now facing the mess left by Carrian Group to clean up, and how can there be funds to support Hang Lung.

Although Hang Seng Bank was cheated less, it was not much less. People who Zhong Zhenwen had planned to run away even mortgaged their shares for a second time. Because Hang Seng and Hang Lung had a good relationship with Carrian, they did not suspect this. Aspects of problems, coupled with the fact that the technology of this era is not yet [-] or [-] years old, so Zhong Zhenwen easily got the loan.

Hang Seng also wanted to freeze the accounts of Carrian Group, Chen Songqing, Zhong Zhenwen and others, but unfortunately, the same situation as Hang Lung, the money had already been transferred yesterday afternoon, to Citibank.

They have no right to ask Citibank to freeze the accounts of Chen Songqing, Zhong Zhenwen and others. At this time, apart from calling the police, they are thinking about how to avoid further losses.

At 1365:1337, under the influence of Carrian Group, the three major exchanges in Xiangjiang opened, and the three major indexes collectively fell, especially the Hong Kong Stock Exchange where Carrian Group is located. The Hang Seng Index dropped directly from 28 points to [-] points, a sharp drop of [-] points This is the largest drop in the opening of the Hang Seng Index since the adjustment of the three major exchanges on October [-].

The share price of Carrian Group is even worse. The stock price was still at 17.4 Hong Kong dollars at the close of trading at noon yesterday, but it was only 8.6 Hong Kong dollars when the market opened today. In Xiangjiang, where there is no limit-down limit, if there is no large capital to take over the market today, the stock price of Carrian Group is likely to fall. Break one Hong Kong dollar.

Especially after the news that Chen Songqing also escaped from Xiangjiang, Carrian Group will only face bankruptcy. At this time, no saint would sacrifice himself to save others.

The Xiangjiang government also deliberately announced that the Securities Exchange Management Office under the Hong Kong Monetary Authority will form a joint investigation team with the Hong Kong Stock Exchange to investigate the financial problems of Carrian Group.

At the same time, the Xiangjiang Commercial Crime Investigation Bureau also announced that it has set up a special case team and will be stationed in Carrian Group today to investigate whether there are commercial crimes in Carrian Group.

(End of this chapter)

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