Hexagonal God
Chapter 609 Taking advantage of the situation
《Latest news: Su Tang stock market loses 70 billion overnight!》
How long can the richest man hold on in the face of Western sanctions?
"Rising like a comet, falling like a meteor."
When will hegemonism end? Su Tang becomes a victim.
Articles appeared on major websites in China and around the world. Because the matter involved Su Mo, media around the world were happy to report on it because it attracted traffic and became a hot topic.
Su Mo is so famous that he has more than 1.5 billion fans worldwide.
But there are seven billion people in the world after all. Excluding those in remote areas and the elderly and the weak who do not use the Internet, there are still nearly five billion Internet users.
Overall, the number of passers-by is still greater than the number of fans.
So some people like Su Mo, while others don’t.
According to the survey, people who dislike Su Mo are mainly concentrated in the Western world and several populous countries in Asia.
For example, in India, Su Mo does not have many fans.
Whether they like him or not, it doesn't stop these people from watching the news.
Many people think that Su Tang's behavior of challenging order is tragic.
But those are people with conscience. In Japan, South Korea, the Philippines, Indonesia, India and other places, more people are mocking.
They believed that Su Tang should be taught a lesson and that everything that happened now was caused by Su Mo.
I don’t know how he showed off after becoming the richest man in the world. He even dared to make an enemy of the entire Western world. Now he should be obedient.
On April 18th, when the stock market opened, the stocks of several listed companies, including Su Mo's Moyin, Su Mo's Drinking Water, and Su Tang Guild, all hit the limit down.
Seventy billion evaporated overnight. This figure was calculated and is not nonsense.
You should know that the largest shareholder of this company is Su Mo, and he holds 70% of the shares.
Therefore, Su Mo's personal wealth shrank by almost 50 billion overnight.
Although the wealth in Su Mo's hands is still huge, no one can sustain this kind of loss for long.
Not only the Western world is watching the fun, but even many people in China have begun to look down on Su Mo.
Needless to say, the chairman of Evergreen Shipping Company made a bold statement that he would replace Su Tang Shipping within three months and become the largest private shipping company in the East.
But Evergreen is from Taiwan after all. The two sides have different positions and are hostile to Su Tang's rise. There is nothing much to say.
But there are such people in our country.
Su Mo’s office on the top floor of Building A, IFC Tower in Shanghai.
Liu Nian opened the door and said respectfully, "Boss Su, Mr. Xu from Daheng Group wants to see you. Do you want me to transfer the call?"
"Oh, he wants to see me, what's the matter?"
Su Mo was very confused. Apart from inviting this person to his birthday party, he had no other contact with him. Could it be that his secret investigation into their group was discovered?
Even if he found out, he shouldn't have called me. After all, he has a dirty past. Why would he bother me if he doesn't try to make amends?
"Take it over."
Liu Nian quickly transferred the call to Su Mo's office, and Su Mo answered the phone.
"Hello, Mr. Su, I'm Xu Pidai."
"Hello Mr. Xu, why are you so free today that you called me?"
"Hahaha! Since you, Mr. Su, are very busy, of course you want to discuss some business cooperation."
"Oh, then I'm all ears."
Xu Pidai coughed and said, "Well, our real estate company is planning to discuss cooperation with him. I'm wondering if he has any plans to sell your Shanghai IFC Building and Chengdu Taikoo Li properties?"
Su Mo was stunned for a moment when he heard this, and then he laughed.
This is because he thinks he is short of money and wants to acquire his own property.
"Mr. Xu, since you've called, I'll be frank with you. You definitely won't believe me if I say I won't sell it to you no matter how much money I offer. Most things in this world have a price. It all depends on how much you can offer."
"I'm sure you won't lose money, Mr. Su. I'll give you 12 billion for the International Building and 8 billion for Taikoo Li. That's a total of 20 billion for the two projects. I'll pay you in full in one lump sum. What do you think?"
Su Mo was speechless. Xu Pidai was trying to take advantage of him.
When I purchased the IFC Tower, it was my leadership who helped me negotiate the deal, and it cost me 16 billion. I also bought four floors in advance, which also cost me 1 billion.
Seventeen billion is the internal price, and the real estate industry is bullish recently, so it is now offered at twenty billion. Although there are not many buyers in the country who can afford it, this price is definitely worth it. To be precise, the price should be between twenty-two billion and twenty-three billion.
In addition, with the blessing of Su Mo's fame, Taikoo Li Rongcheng occupies the best location in Rongcheng. The current price is even comparable to that in Su Mo's dream, at least 12 billion.
The two projects together are worth nearly 35 billion yuan. Even if the overall sale price is not that high, the price of 30 billion yuan cannot be lower.
Xu Pidai directly offered himself a price of 20 billion. Why did he think he would agree?
Su Mo refused politely: "Mr. Xu, you are not sincere at this price."
Xu Pidai was clearly well prepared and addressed Su Mo directly, "Boss Su, the situation is different. Your company needs cash to save the market. Yesterday, 70 billion evaporated. Today's opening price is still falling. Although it's not as severe as yesterday, 20 to 30 billion is definitely needed. You are arguing with me about the price now, but haven't you ever thought about your own stock market?"
At this point, he seemed quite confident: "If we put these 20 billion into it urgently to stop the stock market's decline, wouldn't all the money be returned? Isn't that the truth? You know, there aren't many people in China who can come up with 20 billion at once. I'm helping them out in this difficult time, don't you think President Su will appreciate it?"
Su Mo was so angry that he almost laughed. How could this person talk about taking advantage of others' misfortune so confidently?
He clearly came to take advantage of me, but he acted like he was giving me alms.
Facing such a shameless person, Su Mo didn't need to be polite at all.
"Mr. Xu, I appreciate your kindness, but Su Tang hasn't reached the stage you mentioned yet. On the contrary, I'm quite interested in Mr. Xu's Daheng Group. How about we discuss acquiring your group?"
"You...you really don't know what's good for you!"
Xu Pidai immediately became angry. If it were in the past, he really wouldn't dare to talk to Su Mo like this. After all, Su Mo was the richest man in the world, and he wasn't even the second richest in the country.
But the situation is different now. Su Mo brought disaster upon himself and offended the entire Western world. The Su Tang Group is now struggling and probably won't be able to hold on for much longer.
However, his real estate company was thriving. Recently, he had obtained several large loans through various public relations methods. He had purchased land in many cities and was preparing to start building real estate projects. His wealth was constantly increasing, and he was in great spirits.
Things have changed now, so he doesn't need to care too much about Su Mo.
"Boss Su, I came here with good intentions to help you, but you didn't appreciate it and even said this to me. I misjudged you. However, I still want to remind you that you should only do things within your capabilities. You can't even protect yourself right now, yet you're still trying to be so noble. I'll make you beg me to sell your assets."
Su Mo couldn't help but be curious: "Do I have to beg you? What if I ask someone else?"
Xu Pidai couldn't help but feel a little proud: "If the next richest man in China sets his sights on something, it's impossible for him not to get it. Mr. Su, it seems that you don't understand the current pace of Daheng."
Su Mo really understood that this year, Daheng Group expanded rapidly, and this guy would also be at the top of Forbes next year.
Right now, this guy's public relations tactics should be in full swing.
Su Mo didn't want to waste any more time talking to this kind of person, so he just said, "You won't be the richest man, and I probably won't even see you on the list next year."
After saying that, he hung up the phone without giving Xu Pidai a chance to speak again.
After hanging up the phone, Su Mo called the person he had contacted before.
Soon news came that the investigation into Daheng had made progress and some evidence had been obtained, but overall it was still not enough. In addition, the matter involved many people, and it would take about two months to obtain breakthrough evidence.
"Then wait another two months. Even if we bring him down now, we won't have enough money to buy Daheng."
The current size of Daheng is not as large as it will be in the future, but the company's valuation has exceeded one trillion.
Once bankruptcy occurs and a debt crisis breaks out, the company will shut down and the debt involved will be more than 700 billion yuan.
Even if Su Mo acquired the company, he would not bear this money. There were many insider transactions involved, and a lot of money went into personal pockets. Su Mo would not be the one to be sucked in and bear the debt.
What he wants to take over are those residential communities that have been built or are under construction. It doesn't matter if they are unfinished buildings, as long as they are completed.
As for the debt, whoever did it must pay for it. In the end, Su Mo doesn't care whether the bank suffers losses or not.
He is acquiring Daheng's existing high-quality assets in the name of Sutang Real Estate. This is his plan to cut off the debt problem.
However, if one wants to acquire Daheng, at least 500 billion yuan must be prepared in advance to be successful, otherwise the group's normal progress will not be maintained.
But now he only has 200 billion in his hands, and the gap is still huge.
The four most profitable subsidiaries are now under Western sanctions. It is difficult for Su Mo to raise the 300 billion yuan within two months unless he lists some of the remaining companies.
However, going public at this time is the worst opportunity, and no evaluation agency will be optimistic about the future of Su Tang Company.
What Su Mo needs to do now is to break the deadlock.
To break the sanctions imposed by the Western world on him, he needed a breakthrough point. (End of this chapter)
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