Rebirth of the Golden Chaebol
Chapter 392
Chapter 392: Eternal disaster
Also, although the Xu Group was not founded by Li Xinghe, he was the big boss behind the scenes, and it was understandable that he wanted to protect his own interests. However, in doing so, it pushed Xu Shirong into a doomed situation.
Xu Shirong slumped down on his chair, and all the traders were already panicking.
"Mr. Xu, what should we do?"
"Those people are still buying like crazy!"
Xu Shirong's head was buzzing. Xu's Group's stocks were being crazily eaten up by those big guys. Soon, Xu's Group would be forcibly acquired. By then, the son he had worked so hard to raise would have nothing to do with him.
Thinking of this, Xu Shirong was heartbroken.
Xu Yiman's face was also full of anxiety, but until now, she had no choice.
At this time, Xu Yiman's cell phone rang, it was Li Xinghe.
"Hey, Xinghe, where are you?
stock……"
Without saying anything more, Li Xinghe interrupted directly.
"Let Uncle Xu keep 5% of the stock and sell the rest."
"What?"
Xu Yiman was stunned. Other big guys were rushing to buy Xu Group's shares, but Li Xinghe actually asked them to sell them all?
When Xu Shirong learned that the call was from Li Xinghe, he became furious. He grabbed the phone and shouted: "Li Xinghe! Are you trying to kill me?"
"You didn't even discuss such a big thing as a loan from a mortgage company. Now you took the money and ran away. You didn't help me keep the company at the critical moment. You actually want me to sell all the stocks?
unacceptable!"
Li Xinghe could understand Xu Shirong's mood at this moment, but the situation was urgent and he couldn't explain too much.
"Uncle Xu, listen to me and sell quickly."
"Impossible! I will never sell my own son with my own hands!"
Xu Shirong said angrily: "Once the Xu Group is forced to acquire, even the high-quality projects we have worked so hard to win will be handed over to others! I can never do this!"
Li Xinghe was helpless, "Uncle Xu, selling now does not mean abandoning it completely. We will buy it back when the price drops to the bottom."
Xu Shirong was so angry that his whole body was shaking, "Li Xinghe, are you mentally ill?
Didn’t you read the market?
Prices have been skyrocketing and will not fall at all in a short period of time.”
"Even if we sell now, the profit we get is far less than half of what we paid. In the end, the company will be lost and the debt will still be more than one billion. It will really be in dire straits!"
Li Xinghe hesitated for a moment and felt it was time to tell Xu Shirong what he had done.
"Uncle Xu, the Hang Seng Index has exceeded 18,000. This kind of soaring speed is very unusual. I predict that the stock market is likely to experience a shock. By then, the stock price will fall across the board. Selling now is the highest point."
Xu Shirong was speechless. Over the years, Longguo had only experienced two or three stock market shocks. Moreover, this was a major event related to the economy. How could it happen so easily?
Now that the market is generally rising, it is obviously a bull market. The chance of this happening according to Li Xinghe is less than 1%.
"Li Xinghe, do you know what you are talking about?"
Xu Shirong shouted: "Is it possible that you calculated this with your fingers?"
"Uncle Xu, if you still want to keep the Xu Group, then do as I say."
"impossible!"
Li Xinghe sighed and said bluntly: "I have used the money borrowed from the mortgage company to short stock index futures."
Buzz!
Xu Shirong felt as if his head was exploding and he was completely stunned.
The market is soaring, Li Xinghe is shorting?
Isn’t this a rush to reincarnate?
Even if he rushes to die, what Li Xinghe uses as a bargaining chip is his company. Not only will it be acquired, but it will also be skinned, eaten, and drank. In the end, nothing will be left.
Xu Shirong looked pale, and he was really going to be pissed off by Li Xinghe at this moment.
This is not a good son-in-law who is here to help him, he is clearly an enemy who wants to kill him.
Short the market?
No fool would do this. Even the traders within the company bought heavily during their work breaks.
According to the current growth rate, you can make money by picking any stock.
Li Xinghe just doesn't follow common sense and wants to use all of Xu Shirong's net worth!
"Li Xinghe, you...you want to make me angry to death!"
Xu Shirong shouted in pain.
"Uncle Xu, believe me! You must listen to me no matter what this time."
Li Xinghe persuaded him earnestly.
"Impossible! Absolutely impossible!"
Xu Shirong was determined not to sell out. No matter what, he would protect the Xu Group until the last moment.
Seeing Xu Shirong's firm attitude, Li Xinghe had no choice but to call Xu Yiman.
"Iman, listen to me and sell it immediately!"
"If you don't sell it now, you will definitely regret it."
Xu Shirong didn't care about that and hung up the phone directly.
Xu Yiman looked hesitant, all the miracles that had happened to Li Xinghe before his eyes emerged one by one.
Li Xinghe has such a miraculous ability, he can always turn the impossible into the possible, and turn the decay into magic.
This time, maybe it can be done!
The authorities are blind to the beholder, and this is indeed the case. It involves Xu Shirong’s life-long efforts, and naturally he cannot look at it rationally.
Xu Yiman is different. Even though she thinks it is impossible, she will still believe in Li Xinghe unconditionally.
"Dad, sell it!"
After a long silence, Xu Yiman slowly spoke out.
Seeing this, Xu Shirong was really going crazy. If his good son-in-law cheated him, could his married daughter also cheat him?
"Iman!"
"Dad, we have to believe in Xinghe!"
"I don't believe it! I don't believe him!"
Xu Yiman said cruelly, "Dad, after all, Xinghe is the major shareholder of Xu Group, and he has the final say on this matter!"
After speaking, Xu Yiman looked at the traders and ordered: "According to Mr. Li's instructions, keep 5% of the stock and sell the rest."
The traders looked at each other.
The two big bosses of the company are at loggerheads. Who should they listen to?
"No selling allowed!"
"Sell!"
The father and daughter faced off tit for tat, and finally the trader in charge made a decision.
Since it is a major decision related to the life and death of the company, things must be done in accordance with the wishes of the largest shareholder.
"Do as Mr. Li said."
"yes!"
With an order, the trader started operating. Xu Shirong went crazy with anxiety, but was held tightly by the person in charge and Xu Yiman.
All the big guys behind the scenes were sweeping the goods, and the sales orders posted here were swept away without even arousing suspicion.
At this time, Gangcheng Liu Group.
Liu Sisi was very excited. The more the price soared, the more she couldn't resist the urge to buy goods.
"Keep scanning the goods for me! No matter how much the price is, I will take it."
Zhao Tianyou was sweating profusely and restless at the side.
"Mr. Liu, hold on for a moment! This is wrong! It must be wrong!"
But Liu Sisi, who was in high spirits at the moment, couldn't hear it. With a wave of his hand, tens of billions of funds came into the market.
The entry of this amount of funds instantly scared away those big guys who still wanted to compete for encroachment.
After all, the Liu family in Hong Kong City is still the most powerful. In terms of their generous wealth and domineering power, these big guys cannot compare.
Whether it is the three giants or Damon Qingtian and Wanhe, these big guys behind the scenes are all willing to admit defeat.
It's impossible to win over the Xu Group, but it's okay to make more money from this surge.
When you reach the highest point and take action, it will be several hundred million again.
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