Chapter 554 The Li Family's Stocks Are Attacked!



“I believe that Li Ka-shing’s businesses will definitely continue to grow in the future. In that case, it’s like he’s working for us,” Chen Dong said, looking at the group.

"Who knows? If we can become a major shareholder in some of his businesses, we might even get a seat on the board of directors and have more say in the Li family's businesses."

Hearing Chen Dong's words, Wangcai and Xiang Huaqiang's eyes lit up even more.

They never expected that Chen Dong could provide them with such an in-depth analysis in a situation that seemed to offer no opportunity, allowing them to see the whole situation clearly and find places where they could profit.

Xiang Huaqiang laughed twice, "Haha, then we should really thank those kidnappers!"

Wangcai laughed and said, "That's right, they created such a great opportunity for us."

Chen Dong thought for a moment, then said to Wangcai and Xiang Huaqiang, "You can release this news. Of course, you don't need to go into too much detail. Just say that Li Ka-shing paid the kidnappers HK$1 billion, and nearly half of that was borrowed from underground banks."

As soon as Chen Dong finished speaking, Xiang Huaqiang and Ma Guoliang realized what he meant and praised him in unison, "That was truly brilliant!"

They knew that as soon as this news was released, it would immediately pique the interest of those big players and prompt them to take action.

Although Li Ka-shing borrowed money only because he lacked cash on hand, most of his assets still existed and he did not suffer any losses.

But their current approach, focusing solely on borrowing money, is bound to cause market panic and pessimistic outlook on Li Ka-shing's group's prospects.

If everyone, including big players and retail investors, acts together, they will definitely catch the Li family off guard.

Even if they manage to endure it, they will be badly injured.

Seeing that there was nothing else to do, Wangcai and Xiang Huaqiang were about to go out to do what he had mentioned.

Chen Dong thought for a moment and called out to Wangcai.

He just remembered that when he was in Taiwan, he promised to invest in Huang Yali's Flower Clothing Company.

Just this afternoon, Hayashi Honma called him, reminding him of this matter.

He then decided to get it done now.

After all, Lin Benjian had already decided to sign a contract with him, and Huaduo Clothing Company was exactly what he needed, an important part of his future business.

Now is the perfect time to take action.

Chen Dong shared his ideas about the Flower Clothing Company with Wangcai, and Ma Guoliang said there was no problem.

"By the way, I wonder how much usable capital we have in our accounts? Is it enough to take action against the Li family's businesses? How much impact will withdrawing $30 million have on the operation?"

A Guoliang took out a calculator, did some calculations, and said, "To be honest, 30 million US dollars is quite a lot."

"Compared to the Li family's businesses, we are relatively short of funds. Currently, we can mobilize about HK$5 billion, and the rest cannot be liquidated. Of course, if we leverage it, we can mobilize two or three hundred billion."

Chen Dong thought for a moment and said, "This is a big operation, so the more funds the better. We can postpone the payment to Huaduo Clothing Company for a couple of days."

"In that case, it's not too late to pay them after this operation is over."

Wangcai nodded in agreement.

...

As Xiang Huaqiang and Wangcai spread the news about Li Ka-shing's debt, the investment and financial circles, which had already cooled down slightly, became even hotter, as if someone had added a large ladle of cold water to a boiling oil pan, making it even more turbulent, with oil and sparks flying everywhere.

the next day.

As soon as the stock market opened, stocks related to Li Ka-shing's businesses were targeted, causing their prices to plummet and continue to fall.

The magnitude of the change left everyone speechless.

Li Ka-shing's office.

He was on the phone, listening to his subordinates' report, and gave instructions: "We must hold on and not let the stock price fall any further."

Early in the morning, Li Ka-shing arrived at the office.

He had long anticipated that his family's major setback would attract the attention of speculators and big players.

They won't let this once-in-a-lifetime opportunity slip by.

So, after taking Richard Li to the hospital last night, Li Ka-shing began contacting his friends in the business world to ask them for financial assistance.

His good friends were indeed very supportive, generously providing him with a large sum of money.

At the same time, he also used a large amount of his assets as collateral to apply for loans from major banks in Hong Kong, seeking their financial support.

Although the major banks were aware of his situation, they also knew how wealthy Li Ka-shing was and how many businesses he owned.

They all believed that he could not be defeated by this setback.

Therefore, all the major banks agreed to Li Ka-shing's request, although the amount of funds provided varied slightly.

HSBC, where Li Xiaoman worked, also provided Li Ka-shing with a substantial loan.

Of course, this information was provided to Chen Dong by Li Xiaoman herself.

She not only provided HSBC's support, but also inquired about the movements of other banks for Chen Dong.

Although Chen Dong never explicitly stated his opinion of Li Ka-shing, Li Xiaoman knew that he didn't have a particularly good impression of him.

Even among most of Hong Kong's wealthy, Chen Dong's reputation is not very good.

He believes these capitalists can indeed be described as cold-blooded and greedy.

“Of course, although you are also a capitalist, you are a beautiful woman, a capitalist who can bring warmth to people!” Chen Dong said to Li Xiaoman.

This chapter is not finished, please click the next page to continue reading!

Continue read on readnovelmtl.com


Recommendation



Comments

Please login to comment

Support Us

Donate to disable ads.

Buy Me a Coffee at ko-fi.com
Chapter List