Started from Hong Kong Island

Chapter 161 Chapter 162 [This will lead to jail time]

That night, Li Wendi asked Chen Xingzhou out, but who knew that Chen Jinxi would follow.

In fact, Li Wendi doesn’t like Chen Jinxi, this cold and beautiful woman, very much. It’s not that Chen Jinxi is more shrewd, but that Chen Jinxi likes to stir up trouble.

"Mr. Li, you have so much free time today to ask us out for dinner. Have you made a lot of money recently?" Chen Xingzhou joked. He thought he was very familiar with Li Wendi.

"How can I compare to you, Mr. Chen, who has formed an alliance with Hengyao Real Estate Company and made a fortune." Li Wendi naturally would not admit it.

"In just two months, Mr. Li has turned the market value of Changxin Real Estate Company from tens of millions to over 100 million. This is not something that ordinary people can do. I didn't achieve this effect when I was in charge of Changheng Real Estate Company." Chen Xingzhou said self-deprecatingly.

The two of them boasted to each other for a long time and had eaten almost half of the dishes on the table. Chen Jinxi couldn't stand it anymore and asked Li Wendi what was going on this time?
"Mr. Chen should not have given up on Hengyao Real Estate Company yet, right?" Li Wendi asked with a smile on his face.

Chen Xingzhou blinked and said, "What plans does Mr. Li have? Tell me about it."

Chen Jinxi looked at Li Wendi a few more times. She couldn't guess what Li Wendi was up to.

"Mr. Chen should be aware that my Changxin Real Estate has been competing with Hengyao Real Estate Company. According to my judgment, Hengyao Real Estate Company's debt ratio is already very high. If we can get solid evidence and make it public, the stock price will surely fall." Li Wendi smiled slightly, "Then our chance has come."

"Mr. Li, stealing secrets of a listed company is a crime. You might end up going to jail. Isn't that too risky?" Chen Jinxi questioned. She naturally didn't want Chen Xingzhou to take the risk.

"Ms. Chen, wealth and honor must be sought through risk. How can wealth come to you on its own? If there is such a good thing, why should I cooperate with you? Wouldn't it be better to keep it all for myself?" Li Wendi laughed, his eyes turned cold. He didn't want to do anything but just think about getting benefits. How could such a good thing happen?

"This is no small matter. Even if I agree to it now, I may not be able to get it." Chen Xingzhou hesitated.

"Mr. Chen, our goal is very simple. We want to create panic among shareholders about Hengyao Real Estate's stocks and use this to hit Hengyao Real Estate." Li Wendi continued, "We don't necessarily need to get the real financial statements. I believe Mr. Chen and Ms. Chen will find a way."

"With the support of Chen's Jewelry Company, Hengyao Real Estate Company has become a leader among medium-sized real estate companies in Hong Kong. If Changheng Real Estate Company can swallow Hengyao Real Estate, it will be able to turn from a skinny company into a big fat company."

Chen Xingzhou's breathing became a little rapid due to this temptation. This was an opportunity for him to move directly to the next level.

"What does Mr. Li mean? Is there any specific plan?" Chen Jinxi was also tempted.

Although Hengyao Real Estate has been aggressively acquiring properties to increase its asset value, unfortunately shareholders are not very convinced and the share price has not risen much. Now it exudes a "blue lantern" smell, which makes people a little worried.

Therefore, the three of them believed that as long as they spread unfavorable news about Hengyao Real Estate Company and made shareholders believe that the news was true, the share price of Hengyao Real Estate would definitely plummet.

Although Chen's Jewelry Company holds a large proportion of Hengyao Real Estate Company's shares, it is not difficult to change the operator as long as a big mistake occurs. In addition, considering Hengyao Real Estate's debt problem, Chen Xingzhou can take the opportunity to propose a private placement of new shares to dilute Chen's Jewelry Company's holdings and increase his own equity.

Such a plan is difficult to implement, but once successful, the profits will be terrifyingly huge.

"There is no specific plan, only some ideas. We can use the power of journalists to avoid some dangers," Li Wendi explained.

The Chen brothers and sisters looked at each other and both thought it was feasible.

"Okay, Mr. Li, I will be responsible for the financial statements. What price will I have to pay? Mr. Li, what do you want to get?" Chen Xingzhou said directly.

"Hengyao Real Estate Company holds all the shares of Zhongyu Real Estate Company. How about selling them to Changxin Real Estate Company at the original price?" Li Wendi said with a chuckle. If he took over these shares, his shareholding would exceed Cai Ziming's and he would become the largest shareholder of Zhongyu Real Estate. If he bought some more shares from the stock market, it would be enough to control the board of directors of Zhongyu Real Estate and kick Cai Ziming out.

"Okay, I agree." Chen Xingzhou agreed readily.

Of course, Hengyao Real Estate Company is better than Zhongyu Real Estate Company, but Chen Fenben will definitely not let go and give the company to Li Wendi. After all, this is also one of Chen's family businesses. Chen Xingzhou is different. He is Chen Fenben's son. There is not much psychological burden in selling it to Chen Xingzhou, and it is also in the interests of the Chen family.

Around 9 o'clock in the evening, Zhang Yan drove to the Li family's Repulse Bay Villa.

"Brother Yan, why are you here? Are you looking for my brother?" Li Xiaonan yelled nonsense at Zhang Yan.

"If not looking for your brother, then is he looking for you?" Zhang Yan said jokingly. "Who wants to date you? Humph!" Li Xiaonan snorted and shouted towards the hall, "Brother, Brother Yan is looking for you!"

"Let Ayan in." Li Wendi's voice came.

"Little guy!" Zhang Yan sneered, "Who would dare to marry you if you are so fierce?"

"I don't want you to marry me, and you won't be able to marry a wife like me." Li Xiaonan said unhappily.

Zhang Yan walked over quickly and handed a document to Li Wendi before he spoke. "I've checked it out. All the information is in it."

Li Wendi took the document slowly and read it carefully.

"Humph! Bao Ligui really did borrow a lot of money from the finance company." Li Wendi sneered, "If these finance companies knew that Bao Ligui had no money to pay back, do you think those people would tear him to pieces?"

"Wendy, Bao Ligui seems to have bought a lot of stocks at the price of 1 yuan, right? If someone wants these stocks, Bao Ligui should not be desperate, right?" Zhang Yan said thoughtfully.

Li Wendi thought about it and said, "That's true, but the high interest rate of the finance company is enough to make Bao Ligui pay."

He was still too optimistic. It was not an easy task to kill Bao Ligui.

"Please help me spread some information." Li Wendi whispered a few words in Zhang Yan's ear. Zhang Yan smiled and nodded repeatedly.

The next morning, Li Wendi took advantage of Bao Ligui's exhausted funds and dumped 268 million shares of Changhua Real Estate into the stock market. Since no one bought them in time, Changhua Real Estate's stock price collapsed immediately and fell by 0.3 yuan in just half an hour.

The nearly 200 million shares sold by Li Wendi had no buyers, which frightened some retail investors, who also hurriedly sold their shares, causing the stock price to plummet further.

A securities company
Bao Ligui and Bao Qingfan sat there with serious expressions on their faces, and the atmosphere was a bit weird.

"Dad, what should we do? Should we continue to mobilize funds? We are just a little bit short." Bao Qingfan said unwillingly.

Bao Ligui ignored what Bao Qingfan said and seemed to be thinking about something.

Bao Qingfan didn't dare to say anything to disturb Bao Ligui, but stayed quietly by the side, waiting for his father's decision.

After a long while, Bao Ligui sighed and said, "We lost. What we need to do now is not to acquire Changhua Real Estate, nor to find out the mastermind behind the scenes, but to save ourselves. However, there are a lot of scattered shares in the stock market. Even if we sell them at a low price, there may not be anyone to take them over."

"What should we do? If the financial company finds out, we will be hunted down." Bao Qingfan couldn't help but feel scared. This was a matter of life and death.

"Why are you panicking? We haven't reached that stage yet." Bao Ligui scolded, but in fact he was unsure.

"You ask Mr. Yan to sell half of the stocks at 1.2 yuan. We will recover some funds first. If we hold on for a while, there may be a turnaround." Bao Ligui still had a lucky hope and thought that God would not abandon him.

Bao Qingfan was slightly stunned, then rushed out of the meeting room and went to find Mr. Yan.

"If I had known this would happen, I should have developed honestly." Bao Ligui clenched his fists and said, "It's all Li Wendi's fault for inventing the sniper tactics. If it weren't for him, I would never have fallen into this predicament. When I recover, I will make sure you feel it."

Soon, more Changhua Real Estate Company shares appeared on the stock market, and the share price fell directly to 1.2 yuan.

This situation caught Li Wendi off guard, but after he reacted a little, Li Wendi immediately adjusted the selling price to 1 yuan, but still no one took over.

At the same time, news spread that Bao Ligui had borrowed money from several financial companies and was insolvent, so those financial companies immediately sent people to look for Bao Ligui, hoping to solve their debt problems first.

Unfortunately, Bao Ligui didn’t dare to see these people at all and no one knew where he hid.

(End of this chapter)