A century-old wealthy family that rose from Shanghai
Chapter 299 I Know All Your Tricks
Chapter 299 I Know All Your Tricks
At the same time, Seven Star Company also began to administer its "strong medicine".
On this day, Xu Kan acted on the orders of "Sister Song" and invited his confidant Liu Ziyu to lunch.
Liu Ziyu is the manager of "Zhongjihao" under China Industrial Bank and concurrently the manager of Zhongjihao's Nanjing branch. He also has another special identity: the No. 32 broker at the stock exchange.
During lunch, Liu Ziyu took the initiative to ask, "Vice Minister Xu, has the Ministry of Finance really decided to take back the Second and Third Passes?"
This is a hot topic recently, so it's normal for Liu Ziyu to bring it up himself.
But this was exactly what Xu Kan wanted.
Xu Kan casually said, "If someone else asked me this, I certainly couldn't tell you, since it's confidential. But we're old acquaintances, so I won't lie to you. The Ministry of Finance has indeed decided to recall the treasury bonds, and the 'Second and Third Passes' will definitely surge again in the coming days."
Upon hearing this, Liu Ziyu immediately understood the situation, but he still did not express his opinion directly; he remained cautious.
"This is money-making news. Thank you for your help, old boss."
Xu Kan waved his hand and continued to carry out his plan. He said somewhat embarrassedly, "To be honest, the reason I asked you to come here is to ask you to do something for me."
Liu Ziyu immediately replied, "Please speak, Vice Minister Xu. I will go through fire and water for you!"
Xu Kan smiled and said, "I don't need to go through fire and water for you. I just want to entrust you with purchasing 800,000 yuan worth of 'Second and Third Passes' for me. This is money I raised privately. I'll sell it in a few days and make a profit. However, I am, after all, the Vice Minister of Finance and Director of the Currency Department, the highest-ranking official in the Ministry of Finance responsible for issuing and trading securities. If I handle it myself, I'll inevitably be the subject of gossip."
Upon hearing this, Liu Ziyu was quite excited, but he pretended to be calm and said, "Deputy Minister Xu, rest assured, I will not entrust this matter to anyone, nor will I leak the information."
Xu Kan nodded; he could already tell from Liu Ziyu's faint expression that the plan had succeeded.
Of course, he glanced around the restaurant, and sure enough, he spotted some people watching him. He immediately realized that he had achieved the effect he wanted.
The banking industry is aware of Liu Ziyu's relationship with Vice Minister Xu Kan. With the price of treasury bonds rising at the "second and third hurdles," some people are secretly watching Liu's every move. Naturally, the scene of him having lunch with Xu Kan has already been seen by others.
Upon receiving Xu Kan's message, Liu Ziyu hurriedly got up without even finishing his lunch.
Seeing someone following Liu Ziyu out, Xu Kan leisurely enjoyed the wine and delicacies, and he knew that his plan had succeeded.
But he said.
After leaving the house, Liu Ziyu went straight to the post office and sent an urgent telegram to Shanghai.
This scene, naturally, could not escape the notice of those watching.
Soon, the post office employees saw an opportunity to make a fortune.
"Young man, could you please let me take a look at the draft of Mr. Liu's telegram from earlier?"
"Sorry, this is against the rules!"
"Yes, this is indeed against the rules. It's just a small token. I'll only take a look. I will never take it away or leak the news."
"Really just one glance?"
"nature"
Li Duohai, an employee of the post office, never expected that he would one day make a fortune. Looking at a stack of banknotes issued by the Bank of Communications, which was worth about a hundred silver dollars, he decisively pulled up Liu Ziyu's mail drafts to earn this extra money.
On that day, he received five such requests, and he earned four or five hundred dollars.
They've really struck it rich!
In fact, the draft of Liu Ziyu's telegram was very simple; it was clearly an instruction to the Shanghai Stock Exchange to quickly take long positions when the market opened in the afternoon. This news spread rapidly, sparking much discussion.
That night, countless wealthy tycoons in Beijing, Shanghai, and other places were unable to sleep.
At Jiang Meiying's residence, Chen Guangliang was making demands with great effort.
Chen Guangliang worried that most women were like seedlings in the wind, easily toppled by his actions.
For example, when he married Yan Renmei, Chen Guangliang was very careful in everything he did. Only after he knew her well did he begin to fully satisfy himself. Of course, it is also a fact that Yan Renmei's physical condition improved a lot after she got together with him.
On the other hand, ever since their first time together, Chen Guangliang has had a wild, impulsive urge towards Jiang Meiying, because Jiang Meiying's body is just too perfect for a man's desire to conquer.
A woman with a full, radiant face and a charming, dignified smile is not enough to describe Jiang Meiying's appearance; to put it bluntly, she was a femme fatale.
Although Chen Guangliang has always upheld the principle of gender equality, he believes that the ancient concept of "femme fatale" was merely a result of men's innate primal instincts for mating colliding with the complex and rampant evil desires in people's hearts, and that the idea of "femme fatale" being openly attributed to people like Yang Guifei and the Zhao sisters is not to be taken seriously.
But since getting Jiang Meiying, Chen Guangliang's views may have changed. Some women can indeed be described as 'femme fatales', but he naturally felt that this was a compliment.
After achieving physical satisfaction, Chen Guangliang also liked to hold Jiang Meiying and chat, at which point she would become extremely gentle.
"If you keep saying that, I'm becoming more and more reluctant to go to America!"
Chen Guangliang gently stroked Jiang Meiying's hair with his palm and said, "How could I bear to do that?"
Jiang Meiying immediately raised her eyelids, her face showing happiness and anticipation.
But Chen Guangliang continued, “But if war breaks out, I will have no choice but to do this. You and Wenjin must go to the United States because I don’t want to put all my eggs in one basket with the South Korean government. In my heart, you and Renmei are equally important, so I predict that if war breaks out, our Chen family will only have three places to choose from: Hong Kong, the United States, and Chongqing. But if Japan wants to conquer Hong Kong, it will be very easy, so it’s not a long-term solution. In that case, we are left with only Chongqing and the United States as choices. So I hope you understand my good intentions.”
Jiang Meiying nodded and said, "When will this war end, and will we be victorious?"
Chen Guangliang said firmly, "Victory is inevitable, but it may take ten years. But don't worry, my love for you is for a lifetime, so there's no need to worry about the time."
Jiang Meiying no longer complained, but said, "I think this is good, because this way I can do something for you."
Chen Guangliang smiled and said, "You and Wenjin are my support."
Jiang Meiying felt a sweet sensation. Of course, since following Chen Guangliang, she asked herself honestly, and it seemed that she had never regretted it. From being a concubine at the beginning to being a secretary now, she had never expressed any complaints.
"By the way, the second and third levels have already reached 78 yuan. We've made a considerable profit. Should we take this opportunity to sell?"
She also started talking about money because she knew that this was what Chen Guangliang wanted to see, not for anything else but for the future of her and Chen Guangliang's child.
Chen Guangliang shook his head and said, "The real show is just beginning, so we shouldn't rush things."
"I love your confidence; I feel very safe with you!"
The following day, the securities trading market was thrown into turmoil.
First, many mid- to senior-level employees of the China Industrial Bank, where Liu Ziyu worked, quickly followed suit, using their savings and even ancestral inheritances to snap up 'second and third-tier' treasury bonds. Some even borrowed money from various sources to speculate in stocks, or even took out high-interest loans.
This move also attracted the attention of friends in the banking sector who were also rushing to buy, and they followed suit (a slang term in the securities industry, meaning to buy stocks and bonds by following the crowd).
Among these people, Shen Baochang, manager of the Savings and Trust Department of China Industrial Bank, spent the most money to purchase 'Second and Third Pass' treasury bonds.
Shen Baochang is over fifty years old and suffers from illness. He is planning to retire to his hometown and live a quiet life in the woods. He hopes to make some money before retiring so that he can have enough to live on in his old age and his descendants can also benefit from his legacy.
Just then, the "Second and Third Passes" treasury bonds were released. At first, Shen Baochang did not dare to invest rashly and only observed from the sidelines. After Liu Ziyu made his move and the news that the "Second and Third Passes" bonds were going to be taken back by the Ministry of Finance spread everywhere, he finally could not sit still. After much consideration, he spent as much as 500,000 yuan to fight this battle that he was sure to win.
The second-highest spender on "following the lead" was Jiang Lufu, a diplomat who had served as a third secretary at the Chinese Embassy in France and was then the director of the Public Debt Department of the Ministry of Finance. His son-in-law, Bei Songsun, manager of the Shanghai branch of Huaxia Bank and a close confidant of Song Ziwen, was also a prominent figure in the financial world.
Sister Song and the "Three No's Company" acted with great secrecy. Even Jiang Lufu, a high-ranking official in the Ministry of Finance who was directly responsible for the issuance of government bonds, was convinced of the market value of the "Second and Third Pass" treasury bonds. After learning about Liu Ziyu's actions, he spent 300,000 yuan to snap up the "Second and Third Pass" bonds.
Of course, some banking tycoons were skeptical of the rumors about "reclaiming" the second and third tiers of treasury bonds, thinking that the government was unlikely to make such a major decision easily and that it should wait until the truth was out before deciding whether to take action.
At this time, Li Fusun, the head of the most powerful financial group in Zhejiang Province, the general manager of Zhejiang First Bank and the director of the National Debt Fund Management Committee, made a special trip to Nanjing to ask Finance Minister Kong Xiangxi in person whether the widely circulated rumor of "recalling treasury bonds and issuing 100 million yuan of Guanjin government bonds" was true.
When Sister Song planned to manipulate the price of the "Second and Third Passes" treasury bonds, she consulted with H.H. Kung. Kung anticipated that reporters or other people would come to inquire about the matter, and having already considered it, he calmly replied: "The government does indeed have such a plan for fiscal needs. The issuance of 100 million treasury bonds for the 'Second and Third Passes' will only have a face value of 50 million. According to past settlement practices with banks, this will be essentially useless in addressing the country's fiscal needs!"
The statement from the current Finance Minister, H.H. Kung, dispelled the concerns of everyone in the banking sector. Without hesitation, everyone rushed to the stock exchange, all eyeing the "second and third hurdles" of treasury bonds to buy.
At that moment, the voucher immediately became a scarce commodity, and it was impossible to buy it even for 78 yuan, let alone the original price of 75 yuan.
Then someone raised the price to eighty yuan, and broker number 77, Fu Da (who had a background with China Industrial Bank), bought it at that price. At that point, the price skyrocketed.
The "Three No's Company" holds a large number of "second and third gate" treasury bonds, but does not release them.
Because they still have their real 'trump card' to play!
Late May.
Song Ziliang secretly visited the Du mansion again and met with the three tycoons.
"Gentlemen, we promised that you three and your disciples would all make money. Now, I am here to fulfill that promise. Starting tomorrow, you can sell your treasury bonds, and we will continue to buy them up."
The three tycoons and their disciples invested several million dollars, and were the main force when the price was driven up from 60 to 70. Now they are selling at 80 dollars, and the profit is quite substantial.
The reason why Seven Star Company sent Song Ziliang was twofold: first, they were absolutely confident in their victory; second, they needed to give the three tycoons some backbone, otherwise they wouldn't be able to find anyone to do things in the future.
Du Yuesheng knew that the Seven Star Company had truly demonstrated its prowess in this 'second and third round' bidding process, and was no longer the team that had failed in the last bid.
He decisively said, "Thank you, brother, for giving us this opportunity to make a fortune. If you need anything in the future, just let us know, and we will definitely help you."
He adopted a humble attitude; he wasn't afraid of Song Ziliang, but rather of Sister Song.
He dared to offend Song Ziwen and demand compensation because he knew that Song Ziwen was a relatively upright person and would not usually resort to any underhanded means; but Du Yuesheng dared not offend Kong Xiangxi, and the person he dared not offend the most was Sister Song.
Du Yuesheng understood very well that the women of the Song family were not to be trifled with and should never be offended.
Song Ziliang said with a smile, "Don't worry, the three of you. Shanghai has no shortage of opportunities, and there will definitely be more cooperation in the future."
The three tycoons nodded happily.
Next, Song Ziliang brought up a matter: "Gentlemen, I have something to ask you about, especially Mr. Du. You have dealt with Chen Guangliang a lot. Now that the price of the second and third passes has risen to 80 yuan, he neither sells the second and third passes he initially bought, nor does his Ping An Bank show any interest. Is this person really that powerful?"
After thinking for a moment, Du Yuesheng said, "He is very capable. He may have guessed all your schemes. If he weren't capable, he wouldn't have achieved his current business status! But you can rest assured about one thing: he is not a busybody."
He followed Chen Guangliang and made two 'speculative' investments, little did he know how shrewd Chen Guangliang was.
Song Ziliang nodded and said, "This is indeed a troublesome person."
There is still an impact. Ping An Bank remains unmoved, while some banks are still taking a wait-and-see approach, such as the Shanghai Commercial Savings Bank led by Chen Guangfu.
Fortunately, Li Fusun, the most senior figure in Zhejiang Provincial Bank, has been mobilized, which means that the Jiangsu and Zhejiang financial groups have also stepped into the trap.
The "Second and Third Gate" treasury bonds were to be repaid in installments. At this point, the face value of the bonds was only 87 yuan, while the highest market price was 82 yuan, just 5 yuan away from the face value. At this point, even if the "Three No's Company" stopped its efforts, the situation had already deteriorated to an uncontrollable level.
As a large number of retail investors continue to spread rumors, the market's speculation about the "second and third gate" treasury bonds continues to intensify, with some even saying that the bonds will rise to over 100 yuan, with a premium exceeding the face value.
At this point, Sister Song and her "Three No's Company" knew they had victory in the bag, so they stopped their activities and disappeared from the public eye.
Kong Lingwei, the second daughter of Lien Chung, wanted to see her mother but didn't know where to look for her.
Xu Kan, Chen Xing, and Song Ziliang were either resting or traveling. Song Ziliang even took two women of unknown origin to a special ward in the Guangci Hospital in the French Concession, where they stayed without leaving.
The banking tycoon, who had been monitoring the four men's movements, sensed something was amiss and realized that this might be a carefully set trap.
Just as the banking tycoons were beginning to wake up, Sister Song and the "Three No's Company" instructed the Ministry of Finance to release a brief message through the Central News Agency, stating that the Ministry of Finance had recently held a ministerial meeting, one of the topics of which was the settlement of treasury bonds with banks, saying that they must settle the bonds at the agreed price within the stipulated time in accordance with the agreements previously signed with the banks.
Any delays by the bank will be treated as "damaging creditworthiness".
The spokesperson for the Ministry of Finance who released the news specifically emphasized that "the decision has been submitted by the Ministry of Finance to the Executive Yuan for approval and has been endorsed by Commander-in-Chief Chiang Kai-shek."
The news sent the banking sector into chaos. "Debt breach" is a serious charge that could be fatal if not handled properly. The Ministry of Finance brought in the Chairman of the Military Commission, which clearly meant that those convicted of "debt breach" could be dealt with using "military law."
So what should be done? There is a solution, but it will cost a lot of money: buy back those "second and third gate" treasury bonds that were originally sold for seventy yuan; for every amount sold, buy back the same amount. In short, the bank must provide an equivalent amount of treasury bonds that the Ministry of Finance had pledged.
The only solution to this problem is a trap carefully set by Sister Song and the "Three No's Company," which is the ultimate fate of the banking tycoons' stock speculation this time. All banks that have signed agreements with the Ministry of Finance to sell "Second and Third Gate" treasury bonds, as well as those financial tycoons of all sizes who "follow the lead," have been urged by the Ministry of Finance spokesperson to quickly snap up "Second and Third Gate" bonds from the market.
The price of the second and third passes surged again, rising from 82 yuan towards the 90 yuan mark with great momentum.
At Ping An Bank, Ye Ximing rushed to Chen Guangliang's office and hurriedly reported on the market situation.
Finally, Ye Ximing exclaimed, "Fortunately, we listened to the boss and stayed put at Ping An Bank, otherwise the losses this time would have been substantial."
Chen Guangliang retorted, "Who told you that Ping An Bank would stay put? Listen to my order, immediately release the second and third passes we hold, without hesitation!"
Ye Ximing grew anxious and said, "Boss, this is unacceptable. You are already so wealthy, why get involved in this mess? If you are prosecuted for 'damaging credit,' wouldn't it be a losing proposition?"
Chen Guangliang laughed and said, "Think about it carefully again. How should Seven Stars Company conduct itself at this time?"
"This," Ye Ximing tentatively said, "could it be that you're preparing to close out your positions and reap the rewards?"
Chen Guangliang shook his head and said, "That's not enough. They'll also take the opportunity to short sell and make an extra profit. It's simple. Right now, banks are rushing to buy back the 'second and third passes' they've sold, which is perfect for them to liquidate their debt holdings. But after they've liquidated their positions, they can short sell and make double the money!"
With Chen Guangliang's confidence, Ye Ximing finally calmed down and said with a gleam in his eyes, "This is all a conspiracy by Seven Star Company. They've already succeeded halfway if they can get the banks to sell their treasury bonds. So, they can take advantage of the situation and sell to the banks at a high price these next few days. But who will sell to them in this short-selling frenzy? Could it be retail investors?"
After short selling, the funds must be bought back to settle the transaction; otherwise, it could constitute malicious short selling. However, securities exchanges still have lax management, and short selling from thin air occurs frequently.
Chen Guangliang said, "Go ahead, I'm not afraid of any crime of damaging credit. If anyone is to be punished, we should punish Qixing Company's illegal and criminal activities first. Of course, at this point, Ping An Bank should use a hidden strategy to sell the second and third passes."
The so-called "hidden piece" is, of course, the unfamiliar broker number 66, who sold the item. While complete secrecy is impossible, it at least avoids attracting attention.
"Ok"
In reality, Chen Guangliang wasn't unafraid of the Southern Whale government punishing him for "debt-related crimes," but he was certain that the greedy Seven Stars Company would continue to short sell and ultimately plunder retail investors again.
At the same time, Chen Guangliang also allowed Jiang Meiying to cash out her second and third passes and exit with a profit.
Jiang Meiying's 170 million yuan investment yielded a profit of at least 50 yuan, a fortune her father could only earn in a lifetime.
The next day, Chen Guangliang and Yan Renmei arrived at the Shangri-La Hotel for their appointment, which was arranged by Kong Lingyi.
What puzzled Chen Guangliang was that "Miss Kong Er," who usually dressed as a man, was also there. Her face was full of unruliness, making her look like a tomboy.
"What brings the two Miss Kongs to invite my husband and me?"
After sitting down, Chen Guangliang understood the purpose of their visit. He kept his distance from Kong Lingwei, not showing any dislike, but he certainly didn't like her either, as he liked beautiful women.
Kong Lingwei asked impatiently, "Mr. Chen, do you know where my mother went?"
Upon hearing this, Chen Guangliang's expression changed slightly.
It was Kong Lingyi who stepped in to deal with the situation, saying, "Sister, do you know how to ask questions? If others hear this, you'll be incredibly embarrassed."
Kong Lingwei said nonchalantly, "Who dares to gossip about our family? What I mean is, I haven't been able to find where my mother is lately, and my sister thinks it's related to the second and third treasury bonds. Mr. Chen is a veteran in Shanghai's financial world, he should know about this, right?"
Kong Lingyi quickly added, "Brother-in-law, we just wanted to hear your understanding of the Second and Third Passes incident; we didn't mean anything else."
Chen Guangliang didn't bother with the children and said to Kong Lingyi, "Your mother probably can't show her face. It's indeed probably related to the second and third gates. You can rest assured. This will greatly enrich your dowries."
In the end, Chen Guangliang couldn't help but make a joke, which could be considered as teasing Sister Song.
"Who said we were getting married? You lecherous scoundrel!"
Kong Lingwei once again exuded an imposing aura, displaying the personality of a little leopard.
Kong Lingyi stepped in to smooth things over, saying, "That puts my mind at ease." Then, she couldn't help but ask, "Brother-in-law, what do you think about this kind of thing?"
Chen Guangliang immediately interrupted, saying, "Business is business, that's always been the way of the world, and I'm just following that principle."
He knew what Kong Lingyi was going to ask, but asking that question was a bit presumptuous and would cause Kong Lingwei and Yan Renmei to misunderstand something.
Although it's unclear why Kong Lingyi asked that question or why she cared about his opinion, Chen Guangliang was indeed speaking the truth.
If it weren't for the insatiable greed of speculators, there wouldn't be such a disastrous outcome today.
Next, Chen Guangliang asked Yan Renmei to accompany the two of them, while he went to the restaurant to work and occasionally came to entertain them, which was also a way of giving the Kong sisters face.
Afterwards, Yan Renmei inquired about the details of Chen Guangliang's actions, but she only had a vague understanding of the situation.
Chen Guangliang told her the truth, but concealed the fact that Ping An Bank had started selling mortgage bonds to avoid worrying her.
A week later, Sister Song and the "three giants of Seven Star Company" reunited.
Xu Kan reported triumphantly, "Currently, we have closed out 2500 million of our positions in the second and third passes, totaling a profit of 700 million silver dollars; at the same time, we have taken advantage of the situation to short sell 1500 million of our positions in the second and third passes. Now, it's time for us to finish up!"
Sister Song said greedily, "It's less than I expected. Could it be because of Chen Guangliang?"
Xu Kan nodded and said, "Chen Guangliang is quite bold. Ping An Bank did not sell the second and third passes above 70 yuan in the early stage, but it was cashing out the second and third passes at the same time as us, with prices above 82 yuan. Conservatively speaking, Ping An Bank also made a profit of over one million yuan, after all, the second and third passes they pledged to the Ministry of Finance of Nanjing are estimated to be worth more than 400 million to 450 million yuan."
Sister Song frowned immediately and said, "This person is indeed cunning. Isn't he afraid that the South Whale government will punish him for a crime related to debt repayment?"
Regarding this matter, Song Ziliang said with certainty, "He is certainly afraid, but he probably knows that they still need to eliminate two or three passes, so he feels that he can be sure that he can absorb enough passes before the handover. I have already learned about this from Du Yuesheng and the others. Chen Guangliang has this ability."
Sister Song said somewhat unwillingly, "He got off too easy. He doesn't have to do anything and he can still profit from it. I really want the South Whales to punish him."
Xu Kan quickly replied, "I'm afraid that won't work, because we can't hold out until the delivery date. We need to finish this quickly. We can't use our profits to vent our anger."
Sister Song understood this principle, but she was slightly unwilling because she was being exploited by Chen Guangliang to make money.
"Okay, let's start preparing to wrap things up, and not let things drag on."
"Yes"
The so-called "closing down" by Seven Stars Company was nothing more than having the spokesperson of the Ministry of Finance reappear and "solemnly declare that there was no move to withdraw the 'Second and Third Gate' treasury bonds and issue them as government bonds."
For a time, the prices of 'second and third tier' treasury bonds in the market plummeted, causing extreme chaos.
As for Shen Baochang, the manager of the savings and trust department of Huaxia Industrial Bank, the Ministry of Finance announced that he was playing mahjong at a friend's house that night, planning to play all night.
"I'm just kidding, haha, I've been having a really good run of luck lately."
A friend quickly asked, "Brother Baochang, I heard you've made quite a bit of money in the second and third passes recently. How much exactly? Could you tell us brothers? Of course, I'll go first. I invested a total of 20 silver dollars, but the brokerage firm gave me a credit line of 50!"
After saying this, the friend became proud. Although he entered the market later, he had made a profit of fifty to sixty thousand silver dollars in less than ten days.
Next, the other two also boasted, but they invested far less than the former and did not use leverage.
When it came to Shen Baochang, he was like a big shot making a grand entrance, proudly saying, "I took out a total of 500,000 yuan and obtained 3 to 5 times the credit line from multiple securities companies, and I entered the market before I was 75 years old."
Everyone gasped, and then a torrent of flattery erupted, though they were filled with jealousy and resentment.
"After this battle, Brother Baochang can retire with honor, and the reserve will surely benefit from your glory and flourish."
"You flatter me, you flatter me."
The purpose of life is nothing more than toil for future generations, so that they can live a better life. This is the thought of everyone in this era, and no one is an exception.
next morning.
Shen Baochang went home and fell asleep immediately. Because he had been staying up all night, he even forbade his subordinates from answering any phone calls that might disturb his rest. Not even calls from his own bank, since he could proudly declare himself retired!
In the afternoon, Shen Baochang got up and called the office to inquire about the market situation at the Second and Third Passes.
"What? It's already plummeted to below 75 yuan?"
"Yes, the Ministry of Finance spokesperson appeared last night and solemnly declared that there was no move to withdraw the 'second and third gate' treasury bonds and issue them as government bonds."
Shen Baochang was so angry that he vomited blood.
It wasn't too late; just as he was preparing to have the brokerage firm liquidate his positions, the brokerage firm also started looking for him.
"It's too late, my brother Shen. You should pay the deposit and see if you can hold on for a while."
Shen Baochang already suffered from hypertension, and the intense shock caused his blood pressure to spike, leading to a cerebral hemorrhage. His family rushed him to the Hongen Hospital in the British Concession, but the doctors were unable to save him; he died at the age of fifty-two.
On that day, the price of the second and third gates plummeted to below 70 yuan, a difference of 20 yuan from the highest price of the previous few days.
More importantly, with so many second and third-tier level sell-offs and no buyers, it means the price will continue to fall.
How low should it fall to?
The conservative estimate is 60-65 yuan. Some people may choose to support the price, but it may eventually fall below 60 yuan.
At noon, Chen Guangliang received an invitation from Song Ziliang. Although Chen Guangliang was worried that this was a smear campaign by 'Seven Star Company' against him, he still chose to go to the meeting, simply because he did not want to offend the Song family.
As expected, the place Song Ziliang arranged was the lobby of the Shangri-La Hotel, now the most popular hotel in Shanghai.
He didn't try to hide his whereabouts; instead, he swaggered in.
Chen Guangliang, however, was cautious and, after reserving seats in the main hall, arranged for the two of them to meet in a private room.
This wasn't the first time the two had met, but this time Song Ziliang truly understood the formidable nature of Chen Guangliang, the "Financial King of Shanghai."
After he sat down, he said directly, "Mr. Chen, Ping An Bank's unauthorized sale of the second and third passes is suspected of being an attempt to undermine credit. Aren't you afraid of being court-martialed by the Commander-in-Chief?"
Chen Guangliang feigned doubt and said, "Is that so? I need to call and ask right away. To be honest, I have many businesses, and Ping An Bank is mainly the responsibility of Xia Gaoxiang and Ye Ximing. Of course, I hope Mr. Song isn't framing us; that would break my heart!"
Song Ziliang cursed Chen Guangliang in his heart for being shameless, refusing to admit something so obvious.
He couldn't directly say that he needed to get the South Whale government and the Ministry of Finance to investigate, otherwise it would involve his two brothers-in-law, which wouldn't have a good impact.
Moreover, the second and third levels plummeted again this morning, falling below 65. Even if Ping An Bank were to buy now, it could easily offset the losses incurred from selling.
Moreover, if Chen Guangliang were to join forces with everyone to bail them out, their Seven Stars Company would also suffer some losses in profits.
"Mr. Chen is joking. You are a friend of the Song family, have a good relationship with my elder brother, and have made so many contributions to the country. Even if it is sold, I believe the Commander-in-Chief will turn a blind eye."
“This is not good. The Commander-in-Chief often encourages me to make more contributions to the country. If we really break the debt, I will go to Nanjing to apologize.”
Song Ziliang could only say, "Mr. Chen's selfless risk-taking will not be forgotten by the nation!"
Indeed, they couldn't touch Chen Guangliang, no matter what. Moreover, Seven Star Company didn't want to offend Chen Guangliang and be targeted by him in Shanghai in the future.
Next, Song Ziliang continued to encourage Chen Guangliang, treating the country as his family's backyard and himself as the master of the country. This attitude disgusted Chen Guangliang.
Compared to Song Ziwen, although he was strict, Chen Guangliang knew that he was more open-minded.
After the two finished their meal, Chen Guangliang still took the initiative to see Song Ziliang out, a scene that was witnessed by someone with a keen eye.
Of course, this doesn't matter. At first, Ping An Bank remained calm and composed, which clearly showed that Chen Guangliang was more skilled, as everyone knew. Later, Ping An Bank took the opportunity to sell off the second and third passes, which increased the likelihood that Chen Guangliang had seen through the tricks of Qixing Company.
People will only admire him.
(End of this chapter)
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Armored train in the apocalypse
Chapter 343 15 hours ago -
All Heavens Travel Together: Starting from the Great Xuanhuang World
Chapter 121 15 hours ago -
I became an immortal in the Tang Dynasty
Chapter 304 15 hours ago