Rebirth of the Strongest Tycoon - Vol 3 Chapter 1471

“The results are good, and everyone has really worked hard during this period, especially you, Jianning, worthy of praise!”

Xia Yu smiled satisfied and said to Huo Jianning.

Huo Jianning shook his head humbly: “Chairman, I don’t work hard, you work hard. You have to keep the overall situation in check, and you have to go deep into the front line to supervise the battle.”

“Ha ha…”

“Okay, let’s get back to the subject, to what extent have the plans for those people in the Chaoshan Gang progressed?” After Xia Yu laughed, he asked about another thing.

Mentioning this incident, Huo Jianning’s face once again showed a bright smile.

He smiled and reported on the progress: “Chairman, the Chaoshan Gang has suffered heavy losses this time in the air, so the progress of the matter is the same as the plan you made, and it went smoothly.”

“However, the specific results have not been compiled yet, and Liu Tianci should have a better understanding of the situation.”

Xia Yu nodded slightly to express his understanding that Jiuding Bank is indeed the chief executive behind this plan.

He gave instructions to Huo Jianning: “Call Liu Tianci and ask him to come as soon as possible with the results.”

“I’ll go to the bathroom first.”

“Okay.” Huo Jianning answered, got up and walked to the desk, ready to call Liu Tianci using the landline in Xia Yu’s office.

After a while, Xia Yu came out of the bathroom.

Huo Jianning just finished the call and reported to Xia Yu.

“Chairman, Liu Tianci said that he will make statistics right away, and he will come over later, let you wait a while.”

“That’s OK.” Xia Yu nodded slightly, thinking for a moment and then instructed him, “Just remember, I’ll tell you something.”

“Okay.” Huo Jianning finished answering, and immediately took out a pen and small notebook from the inner pocket of his clothes.

“First, for the profits of this operation, the executive company will leave two layers, and all the remaining eight layers of profits will be turned in and transferred to my designated account.” Xia Yu said and gave the first instruction.

After seeing Huo Jianning’s memorization, he continued, “Secondly, convene a meeting with the responsible persons of the companies involved tonight, and let them each make a high-level cash-out plan, and discuss it at the conference in the evening. The purpose is to develop a balanced plan. Benefits and benefits cash-out plan.”

“third…”

…

Xia Yu spent ten minutes communicating with Huo Jianning about the details of the instructions, and then in the office, Bao Yugang, Huo Yingdong and others communicated on the phone, while Huo Jianning contacted the relevant person in charge and conveyed Xia Yu’s order.

Nearly fifteen minutes later, there was a knock on the door outside.

“Tuk Tuk!”

“Come in!”

As soon as Xia Yu’s voice fell, the door opened, revealing Liu Tianci’s figure.

Xia Yu suddenly smiled and greeted him to come in: “God’s gift, you are here, come and sit.”

“Chairman, I’m sorry to keep you waiting.” Liu Tianci said apologetically, and smiled and nodded to Huo Jianning by the way.

“It doesn’t take long, it doesn’t matter if you get things done later,” Xia Yu said with a smile.

“The statistics have been calculated, please take a look.” Liu Tianci said, took out the results just sorted out from the bag, and handed them to Xia Yu.

“There are tea and fruit on the table, do it yourself, I’ll take a look first.” After Xia Yu said this, he ignored Liu Tianci and began to read it.

The plan for the Chaoshan Gang is actually very simple. It is to allow Jiuding Bank to connect with other banks and institutions, reach an agreement with them, and take over the loan agreements between various banks and institutions and the member companies of the Chaoshan Gang.

Twenty-five members of the Chaoshan Gang all participated in the plan to short Xiangjiang and became running dogs of European capital.

So these twenty-five members were all on Xia Yu’s hunting list, and none of them were left.

Cheung Kong Holdings, New World Development, Great Eagle Group, Lai Sun Group, Liao Chong Hing Bank, Emperor Group and other companies are all prey!

The situation is just as Xia Yu expected. Faced with huge losses, these people are trying to cover their covers instead of applying for bankruptcy.

So each put out assets to mortgage loans.

These assets can be described as diverse, including yachts, luxury homes, real estate, etc., of course, the largest is the equity of various companies.

These equity, no matter which bank it was mortgaged in, eventually went to Jiuding Bank.

For example, the 34.79% equity of the Yangtze River Industrial Group taken out by the Li family was all in the hands of Jiuding Bank together with the loan contract.

36.18% equity of New World Development Corporation, 40.24% equity of Great Eagle Group, 37.38% equity of Lai Sun Group, 43.25% equity of Emperor Group…

The only exception is the Liao Chongxing Bank of the Liao family, which did not take out equity to mortgage loans, because of the special nature of its company, Liao Liewen was destined to dare not take bank equity to mortgage loans.

Once Liao Liewen took out the equity of Liao Chongxing Bank to mortgage, it was obvious that there was a problem with the capital chain of Liao Chongxing Bank, so that it had to go to this point.

Then Liao Chong Hing Bank will be greeted by a bank credit crisis, and a run on depositors will definitely occur.

Liao Liewen did not mortgage the equity of Liao Chongxing Bank because he used most of the bank’s own money in this short sale. So now Liao Chongxing Bank has a huge hole, and he is trying to hide it.

“The results are good. It seems that the traitors of the Chaoshan Gang have tried their best to walk the tightrope with all their strength, haha!”

After Xia Yu put down the statistics file, he smiled and said mockingly.

“Yes!”

Liu Tianci nodded deeply, and looked at Xia Yu with expectation.

“Chairman, in fact, your plan has been 99% successful, and the remaining 1% depends on when you decide to do it.”

In the previous bargains, they conducted large-scale bargains on the equity of these companies. The stocks that these people had cashed out at high positions before, and the stocks sold by other investors, were basically secretly eaten by the Jiuding Consortium.

For example, the securities investment department of Jiuding Bank, which he ran, bought no more than 5% of the equity of many companies.

As far as he knows, the total equity held by the various mobile companies of the entire consortium is mostly around 20 to 30%, and even more than 40%.

Now Jiuding Bank holds the pledged equity of these companies.

Once Xia Yu made a decision, the stock prices of these companies fell into an avalanche.

Then, with the pledged equity and loan contracts taken over by Jiuding Bank, UU Kanshu www.uukanshu.com can justify the Chaoshan Gang and force them to replenish the pledge, otherwise they can force their positions to be liquidated or debt-to-equity swaps.

Anyway, the result is the same, these equity can be eaten down.

This is why Liu Tianci dare to say that the plan was 99% successful.

However, Xia Yu smiled and shook his head in response to Liu Tianci’s question: “Don’t worry for now, the duck is already in your mouth. There are still some risks when you can eat it right now. After all, 99% success is not 100%! ”

“The Chaoshan Gang has no capital to resist. It doesn’t mean that the European guys have no capital and cannot let them have the courage to reach out for rescue.”

“One more thing, we still hold a large amount of equity, with a floating profit of more than 400 billion Hong Kong dollars, and now finally the Hang Seng Index has risen to 7,000 points, destroying the Cheung Kong Industrial Group and New World Development companies. Hong Kong stocks will definitely Severely affected, is it not me who has suffered the most?”

Liu Tianci said hurriedly: “You are right, it’s because I didn’t think about it well.”

“By the way, Chairman, are you planning to retaliate against the bears who attacked before?”

Xia Yu picked up the teacup and drank a sip of tea to moisturize his throat, and said slowly, “Retaliation is certain, but not all.”

He glanced over Liu Tianci and Huo Jianning, the corners of his mouth rose slightly, his gaze became deep, and he continued: “Retaliation is at best harming others, and the ultimate goal of doing business is to benefit yourself.”

“Now these capital giants in Europe have suffered heavy losses. This is an excellent opportunity.”

“The old saying goes well, it’s not impolite to come and go!”

“Ha ha!”

“They attacked my lair with all their strength before, now it’s our turn to break into their turf!”

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