Raising funds during the day would be incredibly easy; all it would take is pledging a portion of Stark Industries' stock.
With Bai Ye constantly by his side, Bao Yifan definitely wouldn't have a chance to get close to Andy.
More than a day passed just like that.
When Bao Yifan received a call from his hometown, his expression changed drastically. He immediately abandoned his plan to pursue Andy, left Shanghai, and headed back home.
Andy and Bai Ye had already begun their planning, and the people at the Bao Group weren't fools either. They quickly discovered that foreign speculative capital was shorting the Bao Group.
Bao Yifan knew very well that the reason he could live so freely, sleeping with whomever he wanted, and even if someone else had a boyfriend, he could try to steal her away if he wanted to. This confidence stemmed entirely from having the behemoth that was the Bao Group behind him.
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If the Bao Group collapses, then he, the young boss Bao, will be worthless.
Therefore, when pursuing a woman who is merely passable, compared to one's own fundamental needs, one must immediately put the woman aside and rush home to solve the problem.
"That guy is finally gone, and it feels so much quieter now."
Andy stood in front of the floor-to-ceiling window, gazing at the distant scenery.
"Then, we can begin our big plan."
Bai Ye brought Andy a bottle of Evian water and smiled.
Short selling involves borrowing shares of a company that is expected to have future problems, selling them at the current price, and then buying them back to return them after the stock price has plummeted, thus profiting from the price difference.
Short selling typically involves the following steps: First, accurately select targets, conduct on-site research, secretly gather information, and identify vulnerabilities. Second, collaborate with hedge funds to enter the market in advance and prepare for short selling. Third, release short-selling reports to create bearish sentiment and guide the market. Fourth, law firms represent clients in class-action lawsuits, accounting firms refuse to audit the targeted stocks, further depressing the stock price, and hedge funds liquidate their positions and profit.
Thanks to Bai Ye's investigation, in addition to the mess caused by Bao Yifan's parents, various other loopholes in the Bao Group have been exposed. They are just waiting to cooperate with Andy and Tan Zongming to spread the dirt one by one.
Bai Ye and Andy are now proceeding with the third step.
Bao Yifan rushed home.
"Mom, how's the problem? Is it serious?"
Bao Yifan immediately found his mother.
Currently, Bao Yifan's mother is the true controller of the Bao Group, as most of the senior executives are her confidantes. She holds real power, while Bao Yifan's father, due to his previous cancer diagnosis, took a break for a period of time, and the power he lost during that break is gone forever.
"After noticing the anomaly in the capital market, I immediately had someone review the company's financial situation. Don't worry too much," Mrs. Bao said. "Our Bao Group doesn't have a high debt ratio and has good cash flow, so even if the problem is bad, it won't be too serious. At most, the stock price will be suppressed for a while. We just need to be careful."
"If only that were true..."
Bao Yifan said with concern:
"I'm afraid they might have some underhanded tricks up their sleeve!"
If the other party has indeed found some weakness in the Bao Group and releases the news, inexperienced investors, unable to discern negative news, will rush to sell their shares. This herd mentality will cause the stock price to plummet, and due to the spread of panic, investors will further follow suit and sell their shares...
What are you afraid of?
As the mother and son were discussing how to deal with the crisis, an executive knocked on the door and came in, anxiously reminding Bao Yifan and his mother to look at the information that had been leaked online.
Bao Yifan's father was frequently arrested and taken to the police station.
Bao Yifan: "..."
Mrs. Bao: "..."
The news has spread like wildfire online.
Who could imagine that the chairman of a company worth billions would do such a thing...
This led everyone to joke that even a billionaire like Mr. Bao had to spend money to illegally buy love, while we, all these years, have been expecting sweet romance. We've been too arrogant and should feel ashamed of our own thoughts.
Mrs. Bao browsed through various internet memes and suddenly her eyes rolled back, her steps faltered, and she was about to faint.
"Mom, Mom, Mom!"
Bao Yifan quickly went to help his mother:
"Are you alright? You absolutely can't be hurt! There must be something wrong with this! We know our dad well enough; he would never do something like this."
Mrs. Bao caught her breath, slowly opened her eyes, and said through gritted teeth:
"I know him too well! He's done this kind of thing far too many times, it's just that it's never blown up this big before!"
"What!?"
Bao Yifan was a little dazed.
He had always believed that his parents were loving and harmonious, jointly managing the Bao Group and protecting such a large ship. Now, Bao Yifan learned from his mother that his parents' relationship had long been in trouble, and that his father was actually... a regular at Hong Langman.
"That old man, what a disgrace! What a disgrace!"
Mrs. Bao was so angry that her face turned pale. She said, "We just ran into trouble, and that old man, not only could he not help at all, he even held us back. I really wish I could... I really wish I could..."
"Mom, Mom! Don't worry." Bao Yifan reassured his wife, saying, "This matter is definitely not as simple as it seems on the surface. Think about it, where in this world are there such coincidences? Our Bao Group was just targeted, and then Dad was arrested because of... If there's no connection between these things, no one would believe it! Someone must have set a trap for Dad."
Mrs. Bao thought about it and realized it made sense. Even if that old man was a scoundrel, he shouldn't have been caught so easily...
After all, they are a family of billionaires.
That old guy always plays high-end games, not the low-end ones you find on the streets, so he's not that easy to catch.
"Flies don't land on eggs without cracks! If that old man is clean and virtuous, would someone else's honey trap work on him?" Mrs. Bao was still furious: "Does he know how much our stocks will drop just because he was arrested? If it causes market panic, even if we cut him into pieces and sell him, we won't be able to recover the losses."
“Mom, you stay here and keep watch. I’ll go check on Dad first.” Bao Yifan didn’t want to comment on his parents’ relationship. He said, “His situation isn’t too serious. I’ll go see a lawyer and see if he can be released on bail.”
Mrs. Bao said angrily, "Let that old bastard die in the police station and see what he does then."
"Mom! Don't say hurtful things!"
Bao Yifan said helplessly.
Next, Bao Yifan, accompanied by his lawyer, went to find his father.
Mr. Bao did indeed say that he was innocent and had been set up by a honey trap. He admitted that he had done the things, but he hadn't given her the money directly. However, the young woman had wronged him.
Honestly, if the person in front of him wasn't his father, Bao Yifan really wanted to punch him twice.
That's so damn low.
However, Bao Yifan had no choice but to busy himself with cleaning up his father's mess and trying to minimize the impact of the incident.
but.
Before the truth about Bao's father's extramarital affairs could be completely covered up, news broke again that he had been having affairs for years and dating all sorts of young women.
One scandal after another broke out, and the gossip-loving public was thoroughly enjoying themselves.
Bao Yifan was on the verge of a mental breakdown.
Damn it.
This old man not only cheated on his mother without her knowledge, but he also went out and philandered, even dating girls younger than himself...
That's absolutely outrageous!
How are you able to play so skillfully?
Even I, as your son, haven't had as many or as high-quality women as you have!
However, Bao Yifan still had to try his best to mitigate the impact of this incident, because the Bao Group's stock had already plummeted during this farce, and if he didn't find a way to stop it, the Bao Group would suffer heavy losses this time.
However, Bao Yifan probably didn't know that this time, the enemy wasn't just looking to take a bite out of the Bao Group, but... wanted to swallow the entire Bao Group whole.
"That old man!" Mrs. Bao cried in the office, "Over the years, I thought he was just keeping mistresses outside, just trying something new, but I never imagined that at his age, he would actually... actually do something like this. With so many women, isn't he afraid of ruining himself?"
"Mom, stop wallowing in self-pity," Bao Yifan said. "This could very well mean the entire Bao Group is finished. Let's work on solving this, shall we? Things are escalating. It's definitely the mastermind behind the short selling, fueling the fire. I've been trying my best to mediate, but the results aren't very good. The people targeting us are incredibly shrewd! I'm a little scared. This isn't even the limit of their methods. If we don't respond properly, they might have even more powerful tricks up their sleeves."
"Yes, anyway, that old man is sick and probably won't live much longer, so I don't care about him!" Mrs. Bao wiped away her tears: "We have to get through this together and overcome this crisis first."
Over the years, Mrs. Bao was able to divorce Mr. Bao not only because of her own stubbornness, but also because she wanted to protect Bao Yifan's rightful interests.
He'd rather follow his beggar mother than his official father.
She's not afraid of divorce, she's just afraid that her son, Bao Yifan, won't get what he deserves.
Because of Mrs. Bao's domineering nature and refusal to divorce, Bao Yifan's father, Lao Bao, only had one son, Bao Yifan. Because he was their only son, everything he and his wife had worked hard for their entire lives belonged to Bao Yifan.
If Mrs. Bao had divorced him, Bao Yifan would not have had the opportunity to inherit all of his father's estate.
At this time, Mrs. Bao naturally had to pull herself together and help Bao Yifan resolve the impending major crisis facing the Bao Group.
Just as the mother and son were discussing how to handle the situation, another shocking piece of news broke online—when Bao's father was diagnosed with cancer, Bao's mother vented her frustrations wildly, laughing heartily and making sarcastic remarks. All of this was edited into a video and released online.
Chapter 281 Acquisition of the Bao Group
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This video immediately caused a huge uproar online.
Previously, news about Bao Yifan's father being arrested for soliciting prostitutes and having slept with multiple teenage girls had already generated considerable buzz online.
Now that the video of Bao Yifan's mother's outburst has been released, it has taken over the lingering heat of the previous incident, instantly turning the news about the entire Bao Group into a phenomenon.
In modern society, people are no strangers to stories about feuds among the wealthy, but most of them only see them in TV dramas and movies. Who would have thought that such juicy gossip could happen in real life?
The general public only saw that Bao Yifan's parents had clearly reached the point where they wanted to kill each other. However, investors could see that the Bao Group had created significant corporate risks. Unless one of Bao Yifan's father and mother died immediately, the risks would inevitably surface sooner or later, or at least be eliminated sooner or later.
For capital, what it always values is future expectations.
Clearly, the future of the Bao Group is not looking good.
As a result, Bao's Group's stock price plummeted again in the stock market.
At this time, it seems that all of Bao Group's enemies have come forward, and all sorts of dirt on Bao Group have surfaced, more or less.
For example, it has been revealed that a major project that the Bao Group is about to launch has a fatal flaw.
In short, the Bao Group has fallen to the point of being universally condemned. Banks, out of caution, accepted loans from the Bao Group, offering assistance only when things were going well and withdrawing it when things were down. In the bond market, bonds issued by the Bao Group were ignored. And the stock market continued its downward spiral...
……
"The Bao Group is really fragile. Did it collapse so quickly?" Bai Ye asked in surprise. "I thought it would take a while for both sides to fight and consume a lot of time."
"The capital market is all about a fatal blow. You have to seize the opponent's weakness and immediately launch a relentless attack to ensure a swift and decisive defeat. There's no back-and-forth exchange here," Andy said helplessly, glancing at Bai Ye. "This isn't some ordinary gang fight!"
"Of course, the Bao Group seems to be in turmoil right now. If we don't act quickly enough, Bao Yifan and his team could seize the opportunity to turn the tide at any time. As long as Bao Yifan can find a large amount of emergency funds, the Bao Group itself is in relatively good operating condition and is a high-quality asset."
"Is it that dangerous?" Bai Ye blinked and said, "How about I create some crisis for the Bao Group in my opinion?"
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