Reborn in 1993, Dark Sea

Chapter 389 It's Time to Leave

Seaside villa area

Hu Haikong looked somewhat disheveled. His brand-new suit was covered in dust, his usually meticulous hair was slightly disheveled, and his face was a little pale. He casually pulled out a few bills from his briefcase and stuffed them into the hand of a security guard next to him.

"Mr. Hu..." the security guard was clearly frightened.

"Take it and go back quickly. Don't tell anyone I'm here, understand?"

"Understood, I won't tell anyone, thank you Mr. Hu."

"No need, you should go now."

The security guard nervously took the money and left. Hu Haikong glanced around warily, but no one noticed him. Hu Haikong took a deep breath, left the alleyway in the residential area, hid behind the green belt, and walked with difficulty toward a villa not far away.

The seaside villa area is also a real estate project developed by Hu Haikong's company. It has been a long time since then. That villa was reserved for Hu Haikong himself. He rarely comes here and has almost forgotten about the existence of this property.

But at this moment, this forgotten property has become his lifeline.

With great effort, Hu Haikong finally arrived at a side door of the villa. After opening the side door and walking through a short corridor, he could enter the villa and return to his luxurious and warm home.

Hu Haikong's wife was originally a female host at Deep Sea TV, and she was beautiful and dignified.

Businessmen love to associate with celebrities, and most people think this is driven by beauty and vanity. But Hu Haikong knows very well that it all comes down to two words: profit.

Hu Haikong married such a wife, saving him tens of millions in "gaming expenses." Of course, she also had her beauty and vanity, but the two are not contradictory.

Hu Haikong was very satisfied with his wife, especially after she gave birth to their youngest son. He asked her to quit her job at the TV station so that she could stay home and take care of their two children.

His wife listened to him and resolutely gave up her career to return to the family.

In the past, Hu Haikong would have been eager to return home and enjoy the warmth of family life. But today, he hesitated. He stood at the side door for a while before finally leaving, turning around and going to the garage. He opened the spare car parked there and got in.

Hu Haikong slumped back in his seat, rubbing his face vigorously with both hands.

Nobody knows what he went through during that time!

Zhu Polong is in trouble. He is lying in the hospital in a coma and has not yet been out of danger despite the rescue efforts. Meanwhile, the mysterious Miss Jiang, along with the more than 100 million yuan in cash that Zhu Polong was supposed to transport, has disappeared without a trace!

This directly resulted in Hu Haikong's companies failing to pay tens of millions of yuan in interest that they should have paid in recent months!

The loss may not seem significant, amounting to just over 100 million yuan, a mere drop in the ocean compared to Hu Haikong's entire fortune. However, such a blow would be fatal to the entire Haikong Group.

The money that real estate companies use to buy land and build houses is all borrowed!

There are many channels for borrowing money, including banks, other financial institutions, private lending organizations, individuals, and even underground banks.

This money accrues interest, and the interest rate is very high, with monthly payments required. If the funds operate smoothly, there won't be any problems; once the house is built, it can be sold at a high price, resulting in substantial profits.

However, if interest payments cannot be made, it will immediately trigger a series of chain reactions with unimaginable consequences.

The crucial point is that Hu Haikong's own money has been partially transferred abroad and is unlikely to be transferred back in the short term, while the other part is also in the hands of Zhu Polong.

Hu Haikong had so much money that even he himself didn't know the exact amount.

A businessman would never let a large sum of money sit idle and gather dust; he would inevitably make it circulate, and making money from money is the most correct choice.

Hu Haikong chose to cooperate with Zhu Polong. The two have been working together for many years without any problems.

But this time, the problem is much bigger!

Hu Haikong believed he knew better than anyone just how powerful Zhu Polong was. Who could possibly have tormented Zhu Polong so badly and so thoroughly?!

According to a friend within the Public Security Bureau, on the day of the incident, a vault belonging to Zhu Polong in the Yulong Wanghai villa area was also burned down.

Hu Haikong knew all too well what kind of vault it was; he personally led a team and spent two whole months installing the safe.

At the time, Zhu Polong boasted to Hu Haikong with no small amount of pride that no one but him and Miss Jiang could open that safe, and that even if they used explosives, it wouldn't do much good.

However, the safe was opened by someone, and not only was it opened, but the contents inside were also burned. Zhu Polong's life was in danger, and because of the problem with that part of the mountain, the entire Yulong Wanghai villa area is now a dangerous building and ruined!

It's terrifying to even think about, and the more I think about it, the more terrifying it becomes!

During this period, Hu Haikong tried every possible method to fill the gap of over 100 million yuan, but what terrified him was that there was no way to solve it! Every avenue was blocked!

Even underground banks say they have no money to lend these days!

Suddenly, it seemed as if the funds of the underworld in Deepsea City had been drained overnight!

What on earth happened?! Hu Haikong was so anxious that he was completely at a loss. The reason he was in such a mess today was because he failed to pay the first ten million yuan interest payment on time, resulting in a default.

Suddenly, all the creditors seemed to know about it, and they all came to collect their debts.

Banks and formal financial institutions are fine, since these are all mortgage loans with collateral. They just issue notices, giving you 15 days to repay the money, otherwise they will recover the loan in advance according to the contract. If they cannot recover the loan, they will auction the mortgaged land to settle the debt as stipulated in the contract.

Hu Haikong knew very well that these institutions were not heartless; they were just following the rules. If the group did not continue to default, even if the money was overdue, the other party would most likely not pursue it and would definitely find a way to postpone it, after all, they had been friends for many years.

The problem is that it's only a matter of time before HaiKong Group defaults on its debts. It also cannot repay the two other interest payments that are about to mature.

This makes the situation serious. The only way to get out of this predicament is to get enough cash. Auctioning land or other fixed assets is not a realistic option.

Such hasty auctions rarely fetch a good price; you'd be lucky to sell the land for a third of its original value.

Even their usual competitors, other real estate companies in Shenhai City, could easily collude to acquire these lands for one-tenth or even less of the price, making it impossible to use the money to pay off debts.

Even more frightening are those private lending organizations and underground banks! The high-interest loans they offer have no collateral, and if you can't repay them, these people won't be polite to you!

Hu Haikong knew very well that many people had placed their entire fortunes with him in pursuit of high interest rates among those private lending organizations and underground banks, and many others had even taken out low-interest loans and placed them with him to profit from the interest rate spread.

If these people are unable to pay their interest on time, they will lose everything and be heavily in debt! Their creditors will not let them off the hook either!

If you don't pay back the money, these people only have one option: fight you to the death! They're already doomed anyway!

The situation took a sharp turn for the worse in just a few days!

Everyone in this game knows very well that in a vast business empire, once the cash flow breaks down, debt collection becomes a matter of first come, first served, and extremely cruel.

Hu Haikong is quite wealthy, and he can certainly come up with a lot of money on his own. He also has a lot of assets under his name. However, if this money is used to repay all the creditors, each creditor may only get less than 10%. But if you can get him to repay you first, you can get out unscathed!

This is the situation Hu Haikong is facing now!

All the creditors were on high alert, doing everything they could to force him to pay back his debts. Although he had a lot of bodyguards, how could these paid bodyguards possibly stop these creditors who were willing to risk their lives for him?

What's more, the bodyguards haven't been paid yet!

During the day, Hu Haikong reluctantly went to the bank to explain the situation. Although the police had deployed forces in advance to maintain order at the scene, a large group of fearless creditors, risking the charge of assaulting the police, rushed into the venue with sticks in their hands, causing extreme chaos at the scene. Several people were arrested on the spot.

When leaving the meeting, Hu Haikong did not inform his secretary, and did not even dare to drive his car. He quietly slipped out through the back door.

He dared not go home. The area outside his villa was teeming with creditors, each with menacing eyes that seemed ready to devour him. How could he possibly go back?

Fortunately, his wife and two children had been moved to this secluded villa in time, giving them a place to stay.

On his way to the seaside villa area, Hu Haikong received phone calls from his parents and in-laws from their hometown, clearly indicating that they had been taken into custody.

The four poor elderly people had no idea what was happening; they just kept pleading with him for help on the phone. But what could he offer to save their lives? He himself was in danger of not being able to save his own!

"Perhaps it's time to leave..."

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