The evil forces roaming the heavens

Chapter 1647 An Unbelievable Match: Boming Group Enters the Fray!

Chapter 1647 An Unbelievable Match: Boming Group Enters the Fray!
Hong Kong Island, Kowloon
A busy day begins with morning tea.
Inside the tea restaurant, many people were reading newspapers.

When the news broke, everyone's faces showed surprise.

That's right, HSBC's CEO, Sir Michael Sandberg, was attacked by gunmen last night.

It's important to understand that for most people, Shen Bi is someone who is unattainable!

But he is of vital importance to the economy of Hong Kong Island!
Does the assassination of such an important figure mean that the other side is about to attack?
Just as rumors were circulating about the stock market, even more astonishing news emerged: the Iron Lady's dramatic fall in front of Tiananmen Square instantly halved the stock market's long-term upward trend.
When people realized that the return of Hong Kong Island to China was inevitable, panicked investors began to sell their stocks en masse.
The person most severely impacted was Cheng Yiyan, the chairman of Jiawen Group.

[Golden Touch!]

Because his Jiawen Group, since its inception, has never had any substantial assets, relying entirely on stock market dividends to inflate the group's stock price.
Cheng Yiyan has mastered the art of getting something for nothing.

After all, they not only pledged stocks abroad, but also mortgaged stocks at major banks such as HSBC and Citibank!
In a bull market, everyone can make a fortune, but if the company is insolvent, everyone will sink to the bottom of the sea along with Jarvan's ship.

"Puniam, what on earth is going on?!"

Watching the news with anger, Cheng Yiyan's face was filled with rage.

Even he couldn't suppress his inner turmoil at this moment.
He had just contacted Sim Bi yesterday, intending to use the shares of Jiawen Group as collateral to obtain working capital. But now, Sim Bi is in trouble, the Iron Lady has fallen, and the stock market myth has shattered.

Frowning, Cheng Yiyan never expected that before Boming Group could even point its gun at Cheung Kong Holdings, it would shoot him covered in blood!

"Boss, if the stock price keeps going like this, we'll soon be insolvent!"

Looking at Cheng Yiyan, Ren Chong, the stock manager, immediately began to explain.

Upon hearing Ren Chong's words, Cheng Yiyan remained silent for a moment before saying, "Stabilize the stock market first, and I'll figure out the rest!"

When Cheng Yiyan spoke to Ren Chong, his expression was very serious.

Because he knew he couldn't reverse the situation now; he could only try to slow the sinking.

After all, the biggest role of the Jiawen Group is not to buy real businesses, but to launder money through stocks.
What he needs to win over now is not the shareholders, but the big bosses of the "groups" that invest in them!

Because shareholders might not necessarily want him dead, but those big bosses could kill him at any time!

On a bright, sunny morning in Kowloon, at the Mobile Force office...

In the empty room, Zhang Cheng was in the conference room, issuing orders to all levels: to stabilize the situation on the streets as much as possible.
Upon hearing Zhang Cheng's words, Li Yongsen and the others below immediately became serious.

Because of what happened last night, people have realized that South Asians have considerable influence in Hong Kong.

"Sir, does the PTU need any assistance with this case?"

Looking at Zhang Cheng, Maggie couldn't help but ask,

"This case has been transferred to the Major Crimes Unit, but when we need support, our mobile unit must still show the proper attitude, understand?"

Looking down at the people below, Zhang Cheng immediately said sternly, "Alright, meeting adjourned!" "Yes, sir!"

Hearing Zhang Cheng's words, everyone gradually left the conference room.
However, after everyone left, Zhang Cheng returned to his office, rubbing his temples with a headache on his face.

Because he didn't expect that the case would ultimately be taken over by the "Political Department."
But this didn't matter to him; after all, no matter how hard the Political Department investigated, they couldn't possibly trace it back to him.
"Drip drip!"

The phone rang.

Picking up the landline, Zhang Cheng answered with a suspicious look on his face and said, "It's me! What's up?"

"Brother Cheng, Smith called this morning to ask if we're interested in taking over Jiawen Group's shares!"

As Lin Yaodong spoke to Zhang Cheng, an excited expression appeared on his face.
Upon hearing Lin Yaodong's words, Zhang Cheng frowned and asked, "Jiawen Group, Cheng Yiyan?"

"That's right, it's the Jiawen Group, the one that has consistently made a profit over the years."

As Lin Yaodong explained to Zhang Cheng, he could hardly believe that Smith would actually let them take over the shares of Jiawen Group.
Tapping the table, Zhang Cheng frowned and said, "Jiawen Group is a mess right now. Anyone who takes it over is out of their mind. But they still have a lot of good stuff. Tell Smith we can help him deal with some of his debts, but only if we get the ownership of the buildings under Jiawen Group."

Upon hearing Zhang Cheng's words, Lin Yaodong exclaimed in astonishment, "Taking advantage of someone's misfortune?"

“We’re helping Citibank deal with its bad assets. How can that be called taking advantage of their misfortune? Tell Smith that this is a deep partnership between us.”

After hanging up the phone, Zhang Cheng narrowed his eyes, because the collapse of Jiawen Group meant that the stock market was about to crash.
Zhang Cheng tapped his slender fingers on the table and smiled, "I was originally planning to team up with Hutchison Whampoa, but unexpectedly, the Jiawen Group has appeared first. What an interesting match."

Shortly after Zhang Cheng issued his order, the already precarious Jiawen Group faced even greater difficulties.
Because everyone was wary of Cheng Yiyan's "connections," no one dared to take advantage of the situation.

But who could have imagined that, under such an unbelievable match, Citibank would simply shut down, allowing Pottinger Group to enter the market?
With the emergence of the unscrupulous Boming Group, which directly spent 2 billion yuan to acquire a building under the Jiawen Group and transfer its debts, everyone has realized that now is the time to take advantage of its weakness and kill it!

"Puniam, what is the Boming Group up to? What are they planning?"

Enraged, Cheng Yiyan smashed the cup. Gone was his earlier composure; instead, he was utterly furious.
The entry of the Boming Group made everyone realize the weakness of the Jiawen Group.

Moreover, Citibank showed no sportsmanship, directly handing over the assets they had mortgaged to the Boming Group.
Although Citibank's actions were unethical, it's clear to everyone that there aren't many people left who can save them.
However, it's simply impossible to come up with billions to save the Jiawen Group.

"It's over, it's completely over!"

Grabbing his hair, Cheng Yiyan's expression turned frantic.
"Do we have any other options now? The accounting team from Yumin Bank is about to arrive!"

Looking at Cheng Yiyan in front of him, Zhang Jiawen couldn't help but become serious.
"Eliminate the people at Boming Group and postpone the acquisition!"

Turning to Zhang Jiawen beside him, Cheng Yiyan's expression turned ruthless.
Because if he can temporarily suspend the "acquisition," he can stall for time; otherwise, only death awaits him.
"Are you crazy? The Boming Group is not to be trifled with!"

Looking at Cheng Yiyan in front of him, Zhang Jiawen began to speak.
“I’m not crazy. If we let them acquire those buildings, we’re finished. The books have to look good. You should know that better than I do!”

Looking at Zhang Jiawen, Cheng Yiyan couldn't help but become serious.
Upon hearing Cheng Yiyan's words, Zhang Jiawen fell silent, for as an accountant, she was well aware of his meaning.

(End of this chapter)

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