Hong Kong Film: Jimmy? Please call me Councillor Li
Chapter 339 The Li Family's Counterattack: Funds Are Running Out
Chapter 339 The Li Family's Counterattack: Funds Are Running Out
"Why does the Yangtze River Group still have spare capacity? Did Li Acheng go out and sell himself?"
Two trading days have passed.
The stock price of Cheung Kong Group has not fallen; on the contrary, it has continued to climb, showing no signs of stopping.
To Li Jiayuan's surprise, the Yangtze River Group actually accepted all the chips that the three companies had put out.
Yes, they bought over 10 billion, and not only that, they even had the resources to push the stock price even higher.
This left Li Jiayuan unsure how to handle this unexpected situation.
According to his information, the Cheung Kong Group shouldn't have such a large financial foundation to dare to challenge them.
Do you think your family owns HSBC?
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The Li family borrowed 60 billion yuan from the Zhou family for working capital, which has stabilized their situation.
Li Jiayuan was taken aback.
"Zhou family?"
Is it the Zhou family from Hong Kong Island?
The Zhou family, the family of Sir Zhou.
Why would the Zhou family be willing to lend 60 billion to the Yangtze River Group? This is not just 60 yuan. According to his intelligence, the relationship between the two is not very close.
As expected, the relationships between these families on Hong Kong Island are so complex that they cannot be untangled in a short time.
Trouble! They didn't expect the Zhou family to suddenly appear as a roadblock. If they can't take down the Li family this time, they'll have to foot the bill for all the money the three families have invested.
Realizing the seriousness of the situation, Li Jiayuan quickly called Qiu Degen and Zheng Youling over.
Upon receiving the news, the two rushed over without delay.
Li Jiayuan's office.
The three of them had been sitting in silence for half an hour.
For half an hour, none of the three could come up with a good solution.
Actually, we've reached this stage now.
The competition between the two sides is mainly a contest of financial resources, and it will come down to who can hold out the longest.
Whoever can hold out until the end will be the ultimate winner.
The problem now is that none of the three companies can temporarily allocate more funds.
The opportunity only comes once. Given time, all three companies could come up with billions of dollars, but it's unrealistic to expect them to raise that much money in just a few days.
"I can probably come up with another 10 billion yuan."
Qiu Degen mentally calculated the funds he could temporarily embezzle and said;
All three knew that this battle without gunfire could only continue; once the arrow was released, there was no turning back. If they stopped, the three families would suffer heavy losses.
No one could have imagined that Cheung Kong Group was so capable of borrowing 60 billion yuan from other companies in one go.
That's 60 billion! The Zhou family is incredibly audacious. Aren't they afraid that the Yangtze River Group won't pay it back?
"I can still scrape together about 10 billion, which is my last gamble."
Zheng Youling chuckled self-deprecatingly. At this point, there was no point in regretting anything; this was a completely unexpected outcome.
Before taking action, they had conducted thorough investigations, even meticulously calculating the amount of funds that the Yangtze River Group could mobilize using data and information.
I never expected that someone would dare to lend so much money to the Li family.
What's the story behind this Zhou family?
Li Jiayuan is now even more curious about the Zhou family.
He sensed that the two families were hiding a big secret.
Qiu Degen was the only older generation member present who was familiar with both families. He explained to Li Jiayuan...
"Zhou Tai is a generation older than me. He is a very methodical person and never takes any risks. If you hadn't told me, I really wouldn't have believed that the Zhou family would lend 60 billion to the Yangtze River Group."
The Zhou family's influence is mainly in politics. You know the Regular Council, right? It's the predecessor of the Legislative Council. His two sons are currently serving as legislators there.
"Legislative Council!"
Li Jiayuan was surprised. "Ah, so they're in the same industry. Two legislators in one family—this Zhou family is indeed extraordinary."
"You guys prepare the funds, I'll figure out the rest."
Although he was embarrassed, Li Jiayuan planned to ask his father-in-law, Huang Tian, for 2 billion. He said, "I only need 2 billion. I can't afford that."
With 20 billion, he should have turned his father-in-law upside down in no time, but the situation was urgent, so he had no other choice.
According to his original estimate, even with an additional 4 billion, the Yangtze River Group, no matter how strong its support, wouldn't be able to withstand the pressure.
Unless he can find another Zhou family to lend him another 20 billion, but is that even possible?
——Cheung Kong Group
"Dad, good news, our stock price has stabilized."
Li Ju walked happily into the office, and upon hearing this, Li Acheng also showed a rare smile on his face.
"Dad, how did you manage to get the Zhou and Li families to lend us money?"
Li Ju was itching to get involved; he had never heard that his father had such a deep relationship with these two families.
The Zhou family has 60 billion, and the Li family has 40 billion; this is almost one-sixth of the market value of their Yangtze River Group.
He simply couldn't believe how that was done.
Li Ju asked casually, but he never expected Li Acheng's reaction to be so intense.
"Don't ask questions you shouldn't know. Get out of here."
Li Ju, who had been scolded, walked out of the door in confusion, but he didn't think too much about it. Anyway, it was no wonder that the Li family had survived this ordeal.
The kidnappers were easy to talk to. Although they didn't release the person, they didn't do anything to them either. The person will be able to go home in a couple of days.
office
Li Acheng's smile was sinister.
The Jiayuan Group, the Qiu family, and the Zheng family—none of them would have expected this.
I've borrowed 100 billion in assets; let's see who crushes whom this time.
Judging from their appearance,
They can't hold on much longer. Even if they can borrow more money, how much can they borrow?
They certainly wouldn't borrow money like I would, after all, the Li family is...
Another day has passed.
——Homeland Group
On Li Jiayuan's side, despite the injection of new funds, the share price of Cheung Kong Group has not fallen and remains firmly held.
Dude, your stock price is photoshopped. How come a photoshopped stock price isn't moving?
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【.】
Damn it, even someone as good-natured as Li Jiayuan couldn't help but curse. The Yangtze River Group actually borrowed another 40 billion yuan. Does this money not need to be repaid?
If you lend money like this, what's wrong with those two families? Why do you just give it to them when they ask for it?
Why didn't you lend out the shares as well?
This is really difficult; they've squeezed every last penny out of us.
However, the other side is probably in a similar situation. If it weren't for the newly borrowed 40 billion, Cheung Kong Group would have collapsed long ago.
As long as he opens a loophole for the Yangtze River Group, other retail investors will frantically sell, and then they won't be able to hold the market steady.
But now the problem is, where are we going to find this final funding?!
Homeland Group is facing its first fiscal deficit crisis since its establishment.
Prenatal training course
Huang Lei and Ruan Mei attended the prenatal training class as usual.
As her belly grew bigger day by day, she completely let go of her last remaining attachment to the company and focused on preparing for childbirth. Even if the sky fell, it wouldn't concern her.
(End of this chapter)
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