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Chapter 365 The Collapse of "Financial Empire"

Chapter 365 The Collapse of "Financial Empire"
Chapter 365 The Collapse of "Financial Empire"
"Mr. Hu, Xijiang Wanlong is starting to collapse"

On this day, Hu Yang was in his office. Yu Hongbo and Minister Kang came to the investment building together and brought a surprising news to Hu Yang.

Two years later, the three stocks controlled by Xijiang Wanlong suddenly began to decline at an accelerated rate.Before the market closed yesterday, three stocks, including Xijiang Honghe, were blocked by a huge number of orders.

As soon as the market opened today, these three stocks were still at their daily limit.

"Is this the beginning?"

Hu Yang was taken aback for a moment, and then realized that Pang Qianli was preparing to withdraw funds from the securities market.

However, it is clear that the market has doubts about the three Zhuang stocks with high stock prices. Otherwise, why would no one take the offer?

Hu Yang remembered that in that time and space, Xijiang Bandung began to collapse in early 2004.For example, like Xijiang Honghe, since the high platform diving, the 21 consecutive limit-downs are amazing.

"Old Yu, Minister Kang, you can just keep watching the stock price trend of Xijiang Honghe, and don't worry about the other stocks. In addition, you should try to go to public places as little as possible recently, and wear masks when you go out."

Although there was no need to make a fuss, Hu Yang still told the two of them.

After the two left, Hu Yang asked Lin Yan to draft a notice, and distributed the content related to health and safety to all member units of the Huijia Department, reminding the employees to pay attention.

"One, two, three, four, five."

Since then, Hu Yang has one more task every day, which is to count the limit of the Xijiang Honghe.Unknowingly, the stock price of Xijiang Honghe has dropped from 17 yuan to 4 yuan.

On this line, its share price has opened on a heavy volume.But the rebound is weak and will continue to fall in the future.

The other stocks controlled by Xijiang Wanlong were not much better, and they also participated in the high platform diving performance.After this incident, Xijiang Wanlong could no longer get a penny from any bank, and the trust company ushered in a second wave of runs.

"Xijiang Wanlong can't resist anymore!"

Things have come to this point, not to mention Pang Qianli, even the gods are also exhausted.

At the beginning of March, the regulatory authorities announced that they would intervene in the investigation of Xijiang Wanlong’s suspected illegal manipulation of stock prices.

In mid-March, relevant departments announced an investigation into Xijiang Wanlong's suspected case of illegally absorbing public deposits.

At the end of March, relevant departments took compulsory measures against the actual controller of Xijiang Wanlong, Pang Qianli.

At this point, Xijiang Wanlong's financial empire dream collapsed.

The board of directors of Xijiang Wanlong announced that it entrusted all the company's assets to "Hongda Asset Management Company" for handling. This entrustment is irrevocable and cannot be changed!

The current stock price of Xijiang Honghe has reached as low as 1.58 yuan.

"Old Yu, Minister Kang, now start buying Xijiang Honghe's stock. The price is limited to 2.4 yuan. Within this price range, you are free to play. The quantity is controlled within 5% of the total share capital for the time being."

After Hu Yang urgently convened a meeting of the decision-making committee, he issued buy orders to Yu Hongbo and Minister Kang. From now on, he will actively absorb Xijiang Honghe's stocks.

"Mr. Hu, the precipitous decline of Xijiang Honghe's stock is due to the break of the capital chain of Xijiang Wanlong's thunderstorm. Isn't it too early to buy its stock now?"

In theory, Yu Hongbo believes that it is not appropriate to intervene in this stock too early.But Hu Yang had issued a buy order before, and after hesitating again and again, he still reminded him.

"Old Yu, we are now intervening in Xijiang Honghe not to speculate on stocks, but for the complete integration of the red industry chain. Execute it."

For Yu Hongbo, Populus euphratica is quite tolerant.

So, after he explained a sentence, he waved his hand and asked Yu Hongbo and Minister Kang to handle the matter immediately.

According to Hu Yang's instructions, Xu Younian transferred the 18 billion yuan in Huijia Holdings' account into the securities account.Yu Hongbo and Minister Kang led the staff and began to buy shares in Xijiang Honghe.

After the beginning of spring, the farmers who signed the tomato purchase agreement with Xijiang Honghe gradually learned some news.When they found the company to inquire about the specific situation, they found that Xijiang Honghe was temporarily closed.

Hongda Asset Management Company has taken over Xijiang Honghe, and together with the working group sent by the province, they are checking the company's assets, creditor's rights and debts.

Now, many tomato farmers are starting to panic. What if there is no one to buy ripe tomatoes when it is harvest time?You must know that the storage period of tomatoes is very short, and if they cannot be sold, they will rot on the ground.

At the moment when people were panicking, Xueling Foods issued an announcement in due course, starting to sign this year's supplementary acquisition agreement from now on.

The units and individuals that were supposed to sign agreements with enterprises last year have already done so.Now it is equivalent to giving the farmers who signed the purchase agreement with Xijiang Honghe a chance.

Of course, the purchase price this year is the same as last year, with a slight drop.Because according to the current production capacity of Xueling Foods, it is difficult to digest such a huge supply of raw materials.

This is the relationship between supply and demand. If Populus euphratica had not repeatedly urged not to suppress the price too much, the purchase price might have been much lower.

"Brother Hu, I don't know you yet? You are not the one who is willing to suffer. Tell me, what are you thinking?"

Chen Jialin is a minority shareholder of Xueling Foods. Although he has never cared about the production and operation of the company, such a big commotion in Xijiang Wanlong aroused his curiosity.

Years ago was the peak production season for Wanshi Technology, and Chen Jialin was very busy during the day, so he specially invited Hu Yang to dinner on this day.At the same time, Liu Jia and Tian Sichun also came.

"I didn't take the initiative to lower the price this time. I really don't have any backup. Think about it, now Xijiang Wanlong has collapsed, and Xijiang Honghe is also precarious because of being implicated. At this time, stability is the most important thing. As I said earlier, red The social benefit of the industrial chain project is far greater than the economic benefit, if it were you, what would you do?"

Hu Yang took a bite of the dish, and then said this to Chen Jialin.

When Chen Jialin thought about it, it was also true.You can't desperately lower the price just because of a small economic benefit.Doing so is indeed worth the candle.

Because Xijiang Honghe has fallen into a difficult business situation, it is still unclear whether it will be able to produce this year, and there is a high possibility that the acquisition contract will not be able to be fulfilled.At this juncture, it is of course no problem for Xueling Foods to purchase at a reduced price, and the farmers have to sell it or not.

However, the pressure of public opinion after the event and the pressure of the province have to be considered.Therefore, it is not cost-effective to covet a little bit of cheapness in front of you.

"Hey, let's talk about it, when did you miscalculate, brother Hu? Sometimes I have to admire you, your vision is vicious."

Chen Jialin sighed, he himself did not have such an overall view.He feels that some things are born and it is difficult to exercise them.

"Chunchun, Jiajia, how are you two? You didn't fail last semester, did you?"

Hu Yang smiled, changed the subject, and turned to care about Liu Jia and Tian Sichun's studies.

"Of course I won't fail the course. We are three good students. By the way, Mr. Hu, can you still get Banlangen and disinfection masks? One of my classmates said he wanted to buy a batch."

Tian Sichun's mouth was full of food, and before he could reply, Liu Jia spoke for the two of them.

Both Liu Jia and Liu Jia also knew about Populus euphratica donating medicines and disinfection masks to Shenhai University, so she asked.

"Jiajia! Don't take this matter. I know that the price of these goods on the market has increased by more than ten times. Don't let anyone take advantage of you."

Chen Jialin shook his head and said something to Liu Jia, mainly because he was worried that she would be used by others.

Liu Jia became anxious as soon as she heard it, and quickly explained: "That's not the case, Young Master Chen. My classmate's family runs a chain pharmacy, and the prices of these in-demand goods have never increased much. But now, it seems that they can't get in. That's why I asked her for her."

Hu Yang nodded, thinking that Liu Jia was still very conscientious.

"Jiajia, now I can't tell if there is any supply, I will ask later. Otherwise, I will give you a contact number later, and you can call and contact."

Hu Yang didn't think that Liu Jia would lie to people about this kind of thing. The pharmaceutical chain company she was talking about should be cleared up by people just looking it up.

Therefore, Hu Yang planned to ask Liu Jia's classmate's family to contact Li Hao directly.

"Brother Hu, there are also many cases in Xiangjiang. Tell me, will this matter become more and more serious?"

Speaking of this matter, Chen Jialin couldn't help but feel a little worried.

"It will be under control, don't worry. However, during this period of time, everyone should go to public places less and remember to wear a mask when going out. Chen Shao, in fact, the medical workers who are fighting on the front line now bear the greatest risk. I plan to lead the establishment A fund dedicated to helping these medical staff, are you interested in joining?"

Populus Hu Yang plans to donate medicines and masks worth 6000 million yuan and stop buying them.He felt that something meaningful should be done, so he thought of launching a fund.

"Haha, you should come to me for this matter, I am good at it. I have done similar things in Xiangjiang before."

Chen Jialin readily agreed, and he very much supported Hu Yang's idea.

"Ah Yang, Young Master Chen, why don't Jiajia and I use our spare time to help you do this together."

Tian Sichun decided to act as a volunteer with Liu Jia, which can be regarded as doing his part.

"Okay, that's the deal. I'll donate 4000 million yuan first. Young Master Chen and I will lead the fund. When Chunchun and Jiajia are not busy, please help us with some office work."

The "White Angel Fund", which will be very influential in the future, was established in this way.

However, if this fund continues to develop, it will target ordinary people from all walks of life who have made greater contributions to society.It is not a simple charity fund with the purpose of helping the difficulties of specific groups of people and promoting social righteousness.

(End of this chapter)

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