Whether that knife was used to cut a cake or to cut the founder, nobody knows.
The following day, Chen's Capital once again led the gains, opening with a 7% surge and then stabilizing. For three consecutive trading days, a large influx of funds pushed the stock price up to 57 yuan, and it continued to rise.
Mr. Chen and Mr. Shi have already embezzled 200 million yuan, and the company's account is almost empty. Most of the money in the financial company belongs to investors, some of which are used to purchase wealth management products and others to purchase securities.
It's fine to use this money in the short term, but it ultimately needs to be invested in suitable projects. President Chen has already contacted the heads of major financial companies to borrow more money to continue to raise the stock price and attract more retail investors and institutions to invest, so that the stock price can remain stable after she withdraws the funds later.
Friday arrived in the blink of an eye, and Chen's Capital's stock surged past the sixty-dollar mark today, which was nothing short of a carnival for investors, with a constant stream of buyers after the market opened in the afternoon.
Lu Feng drove alone to Ed Securities and borrowed 100 million yuan worth of Chen's Capital shares from Ed Securities with 40 million yuan as margin for a period of three days. If the margin could not cover the losses within three days, the other party had the right to sell and liquidate the position.
This week began with a sharp drop in Chen's Capital's stock price and ended with a surge, forming a deep V-shaped pattern. Many experts believe that Chen's Capital has overcome its difficulties and that the stock will reach new highs in the future.
In particular, the annual financial report will be released next week, which will have a significant impact on the stock market.
President Chen has been in a good mood these past two days. Tomorrow night is the weekly financial banquet, which she never attends. Firstly, it's hosted by Sun Hung Kai Properties, and secondly, it's not high-end enough and is a mixed bag.
She received the invitation today, and instead felt an inexplicable anticipation for tomorrow's banquet. When she got home, she placed the invitation on the table.
Su Yourong had already prepared the meal and looked at President Chen, saying, "You've worked hard; you must be exhausted after this past week."
"The situation is settled, Lu Feng can't cause any more trouble." President Chen said with a smile, "You'll come with me to the financial banquet tomorrow night. Also, you're tired of cooking and washing dishes at home every day. Go back to the company. Go back to your office next week. The housekeeper will take care of these things."
"I quite like it."
"I don't want you to just do laundry and cook. Let's eat first." President Chen sat down, his eyes revealing joy.
At the dinner table, President Chen talked about recent events. She said that as long as she misappropriated another billion or so, the matter would be basically settled. For her, billion or so was nothing.
Moreover, many CEOs have already agreed, one for 100 million and another for 200 million, so it's easy to raise the funds. CEO Chen was talking to Su Yourong about the issue of fund allocation. Only with a healthy cash flow can we cope with any unexpected situation.
As Su Yourong listened to her eloquent speech, her heart sank little by little. These past few days had been torture for her. She had been diligently doing laundry and cooking at home. When President Chen came back, she had to kneel on the ground to change his slippers.
However, the current situation doesn't seem to be good for her. While serving President Chen to rest, Su Yourong quietly unplugged the telephone line in President Chen's bedroom and called Lu Feng from her own room.
"Who is this?" Lu Feng answered the phone lazily.
"It's me, Su Yourong. What's going on?" Su Yourong asked impatiently. "Didn't we agree to use bank leverage to buy stocks? The stock price was so low recently, why didn't you buy any?"
“This isn’t just between the two of us; Mr. Feng is involved too. Besides, I really don’t have any money. I managed to get 40 million through a combination of deception and trickery, and I have to pay it back within a month. I’ll use the 40 million to make some money first.”
Lu Feng explained, "Don't worry, next week is the main event. Her cash flow is uninterrupted, you can never win against her, understand?"
“Last week you told me it would be this week, and now you’re saying next week. My mortgage with the bank is almost up, you know that?” Su Yourong was a little out of control, but she still kept her voice down.
“If you’re just venting your emotions to me, then say it over the phone. Do you have any other choice now? Don’t even mention you, I don’t have any other choice either. Just wait obediently until next week,” Lu Feng said in a deep voice.
Continue read on readnovelmtl.com
