Chapter 561 Tang Zhongren Enters the Game



Hong Kong's financial circles are already rife with undercurrents, and Lu Feng's meddling has led many to push him into the spotlight, hoping to avoid drawing attention to them.

Overnight, the matter between Lu Feng and Chen's Capital had already caused a stir in the industry.

Major media outlets began reporting on the matter, elevating it to an unprecedented level. The following morning, as soon as the Hong Kong stock market opened, Chen's Capital experienced another sharp decline.

President Chen couldn't sit still any longer. In the morning, she contacted all the major financial companies, securities firms, and funds. The two sides reached a verbal agreement that they could allocate more than 15 billion yuan to her at any time within the next month to support the market.

At 10 a.m., people in the stock exchange stared at the market and saw Chen's Capital fall again. There was a chorus of sighs, and some even cursed loudly on the spot.

"The market was so good yesterday, yet it still fell. Today, a large amount of funds were redeemed. Chen's Capital has clearly run into a tough opponent. Let's sell." A man in his forties said helplessly.

"Bullshit! Now is the perfect time to buy at rock-bottom prices. I heard that Lu Feng is just a second-rate hoodlum from the mainland," another young man retorted.

"So many financial companies voiced their support yesterday, why is the price still falling?"

"I'm telling you, don't panic. I'll keep buying. I don't believe a mainland guy can mess up the Hong Kong stock market."

"How dare some lowly mainland thug mess with Boss Chen? Believe me or not, he'll be lying dead in the street in a few days?"

Those who bought at the bottom yesterday were furious and cursed, wishing they could cut Lu Feng a couple of times to vent their anger.

Inside the trading hall, a loudspeaker announced: "Chen's Capital issues an announcement regarding the further decline in stock price. The company's operations are in good condition, and the company's financial report will be released to the public soon. At the same time, legal action will be taken against Lu Feng for spreading rumors about the company's executive director. The board of directors has reached verbal agreements with more than a dozen financial institutions, including Bailihao Financial Group, Emperor Financial, Fangde Securities, Sun Hung Kai Properties, and Tianxin Consortium, to mobilize no less than HK$15 billion for stock buybacks within the next month. We hope the market will remain calm and not believe rumors. Statement issued by: The Board of Directors of Chen's Capital."

The news caused an uproar, and the people who had just been cursing Lu Feng suddenly smiled.

"I told you, what kind of trouble can a mere punk like him cause? Someone has poured 15 billion into this, what does he have to play with?"

"We must buy at the bottom; the stock price is about to rise."

"It's like an ant trying to shake a tree. Such a large financial company can't be brought down in a day. Relying on their network of connections, they can raise more funds in a short time to fight back. What is finance? It's about money. It's all about who has more money. What does Lu Feng, this mainland guy, have? What does he have?"

"Haha, it probably hasn't grown yet."

This statement acted like a shot in the arm for the stock, which subsequently rose.

Around noon, Lu Feng sat in his hotel room flipping through today's newspaper. Many people understood what had happened this morning: Lu Feng alone was powerless against a large conglomerate like Chen's Capital, like an egg trying to break a rock.

At most, it will cause some fluctuations in Chen's Capital's stock price; there are no other options.

As the saying goes, there are many who add flowers to brocade, but few who offer charcoal in the snow. Some small companies have begun to voice their support for Chen's Capital, hoping to gain some attention, while simultaneously criticizing Lu Feng.

Tang Zhongren had been following the development of this matter closely. Seeing how things had progressed today, he put down his newspaper and scoffed, "Just a bunch of clowns."

Tang Zhongren felt this was an opportunity. President Chen was in high spirits, and by helping him out, he could not only make a good impression but also perhaps earn a small profit.

Most importantly, it's crucial to annoy Lu Feng.

Tang Zhongren's hatred for Lu Feng was so intense that he dreamed of beating him. In his heart, Lu Feng was such a scoundrel and trash, yet he simply couldn't do anything about him.

The key is that he can't stand Lu Feng's arrogant attitude. He wants to make Lu Feng feel pain, make him regret, and know that there are some people in this world he can't afford to offend.

The thought of Lu Feng, tears streaming down his face, kneeling on the ground and saying with heartache, "I was wrong, it was my fault, I apologize to you, I apologize for my recklessness."

Oh, that feeling!

Tang Zhongren felt comfortable from his toenails to the tips of his hair. He felt that Lu Feng was not in his social class, and that such a person should behave properly and be submissive in front of him.

Without further ado, Tang Zhongren went out and knocked on the door of his father's office.

"Come in!" A deep male voice rang out from inside the room.

Tang Zhongren pushed open the door and walked in, saying, "Dad, have you seen what happened with Chen's Capital?"

"How many times have I told you? You have to be addressed by your job title in the company, understand?" President Tang looked up at his son with great dissatisfaction.

Other rich young men start working on their careers in their twenties, but my son, who's in his thirties, spends all his time hanging out in bars and nightclubs, showing no ambition whatsoever.

"Chairman, I just think that Chen's Capital is a good opportunity," Tang Zhongren said as he sat down.

"What good opportunity is it?" President Tang put down his pen and looked at his son. "What are your thoughts? Tell me."

“Chen’s Capital is in a bit of a turmoil right now. Although we’re not a financial company, we can offer our support. We can call Mr. Chen and offer to help him with some funds to make a good impression. Then we can get to know Mr. Chen better and have some inside information about how Chen’s Capital operates. That way, we can make a lot of money in the stock market.”

This chapter is not finished yet. Please click on the next page to continue reading the exciting content!

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