The attack occurred at around 4:00 p.m. yesterday afternoon. Ni Lucheng was taken away at around 6:00 p.m., and Fan Longping confessed at around 10:00 p.m., so the Hong Kong officials and police were able to deliver the final investigation results of the case this morning.
But until now, no one from the Fan Group has called to mention this matter. As a family-owned company with a market capitalization of nearly 6 billion Hong Kong dollars, it is impossible for them not to be able to contact Si Mingyu. Even if they contacted the police directly, they would have been able to come here today.
Si Mingyu didn't know what the other party was thinking, but he felt that the Fan Group didn't take him seriously. It wasn't enough to punish Fan Longping legally; an apology was necessary.
His idea is very subjective, so his approach is even more subjective.
A few hours later, someone from Dongya Mingyu Hongming Industrial sent over the information of the Fan Group. It was just an ordinary Hong Kong family business and there was nothing special about it. It was able to reach its current scale because it was lucky and did not encounter any major problems along the way.
But now, their biggest problem came.
Si Mingyu called Song Yanming of Dongshen Wealth and offered him 5 billion Chinese Yuan (roughly equivalent to over 5.7 billion Hong Kong Dollars) to drive down the Fan Group's stock price within a week. He then called Wang Qinqin and asked her to transfer 5 billion to Dongshen Wealth's account.
Although Si Mingyu is now wealthy and powerful, it still takes him a day to mobilize such a large amount of cash without affecting the operation of the company. It would be better for him to borrow money directly from the bank.
Again, to get a loan from China Merchants Bank by using its stocks as collateral, all you need to do is make a phone call, and the formalities can be taken care of later.
Song Yanming and the people at Dongshen Wealth had participated in a major stock war against the Xu Group, and later collaborated with East Asia Mingyu Asset Management to practice against several Hong Kong family-owned enterprises, giving them a high level of combat effectiveness and experience. And this time, they had secured cash equivalent to the Fan family's market value. How could they possibly not do this?
The Fan Group couldn't compete with Song Yanming in terms of money, and their stock market manipulation skills weren't as good as those of Dongshen Wealth, so what were they even doing? Furthermore, as long as the capital invested in the market reached a certain level, losses could be avoided, which is what's commonly known as "getting the job done without losing money."
Of course, all of these are definitely achieved through shell organizations, and no one would use their own name to play around.
With Dongya Mingyu Hongming Industrial's influence in Hong Kong, there were plenty of ways to bring down the Fan Group besides the stock market, but Si Mingyu didn't think they would be necessary. The simplest and most direct way was to just throw money at it.
Song Yanming's speed was remarkable; the Fan Group's stock price began to fluctuate as soon as the market opened in the afternoon. The so-called "crashing down the stock price" was just a theory; the specific implementation would have to be determined by professionals based on the actual situation. But for Si Mingyu, as long as the goal was achieved, he didn't care about the rest.
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Conference room, Dongya Mingyu Hongming Industrial Headquarters Building.
"That's all for today's meeting. Please do the next things as required." Si Mingyu closed the folder in front of him.
"Okay, Mr. Si." The executives present responded one after another.
Si Mingyu came here at least once a month, and the rest depended on his mood. The general manager and several of the executives were all from the "company," so he could leave them alone without causing any problems. The so-called meetings were just routine appearances to hear reports. After all, as the de facto boss, he couldn't just walk away, right?
"Mr. Si, I noticed the fluctuation in the stock price of Fan Group. Did you take action? Is there anything I need to do?" General Manager Ms. Wei Fengyi asked privately after the meeting.
"The Fan Group is not worth taking too seriously. I can handle it here." Si Mingyu replied indifferently.
"I understand. Can I release some information privately?" This was something she should have done. Now that Si Mingyu hadn't told her, she couldn't just turn a blind eye, so she asked this question.
"Just do as you please." Si Mingyu didn't want to discourage his subordinates.
As the general manager of a large group, Wei Fengyi's so-called private release of information was to encourage several institutions with whom she was friendly to work together to disrupt the Fan Group. They were not doing this for profit but simply to please Wei Fengyi, but this was a double whammy for the Fan Group.
As for the Fan Group, the chairman Fan Zhensheng, who is also Fan Longping's father, knew something had happened after hearing his subordinates report on stock price fluctuations. After all, he has not taken any action recently, and under normal circumstances the stock price should be stable.
I immediately sent someone to investigate, but the results were disheartening. Over a dozen clearly fake institutions were causing such turmoil in the stock price, and these institutions had invested a considerable amount of money. If I allowed them to continue like this, I didn't know what would happen.
He immediately arranged for people to mobilize funds to prepare to deal with the stock market problems, and on the other hand, asked the group's public relations department to issue a notice to stabilize the emotions of shareholders.
Until now, he still didn't know that his eldest son Fan Longping had been taken away by the police. This was because the incident happened last night and it was impossible for the news to spread so quickly. Also, Fan Longping had never told him about this.
Fan Longping’s idea was very simple. I am already in the police force and will face legal punishment. Isn’t this the end of the matter?
Young people still think too simply.
On the third day after the incident, Fan Zhensheng received a call from the police saying that his son Fan Longping had been arrested on suspicion of hiring someone to stop a car and cause harm, and that the family was now officially notified. Only then did he realize that the car his son had hired to scratch was belonging to the fleet of Si Mingyu, president of the East Asia Mingyu Group.
This infuriated Fan Zhensheng so much that he almost wanted to strangle Fan Longping to death. Everyone knew that the four families, led by the He family, had offended Si Mingyu, and in the end, these four families were bankrupted and fled Hong Kong, where they were nowhere to be found. There were even rumors that the leaders of several families had been secretly killed.
Now this thing is happening to me, isn't this a shame?
If Fan Zhensheng knew about this, he would definitely come to the door and apologize immediately, then he would be scolded, bow his head, and stand at attention when beaten. He would make all the necessary compensation and apologize in the newspaper. After Fan Longping was released, he would deny his inheritance rights.
Although his business has been going smoothly so far, he has seen a lot of things like this in the business world. Everyone wants to save face, especially someone as wealthy and young as Si Mingyu. As long as you give enough face, it's just a misunderstanding, what can't be solved?
But the current situation is that it is too late for others to take action.
With a try-it-out attitude, Fan Zhensheng went to the door, but was told by the Hongming Group's people that the president had left Hong Kong for the Fifty States Federation. At this point, he couldn't contact him anymore, and no one was willing to help him connect with them.
So Fan Zhensheng watched the Fan Group, which he had built with his life's work, fall apart.
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