Chapter 745: The Fall of Jianing (4300 words chapter, please subscribe)
"What's going on in the new world? What's going on with Jianing Group?" Chen Zengxi finally lost his former composure, and the two most important investments of Hang Lung Group had problems one after another, how could he not be angry.
Chen Qizong's expression was a little lonely, in fact, the withdrawal of funds from the second section of the station on the property was his idea, precisely because of the instability of the real estate market in Xiangjiang, because this is a joint stock operation, after the completion of the property is only suitable for development of property, not suitable for rent collection property, at the same time, Chen Qizong estimates that after the completion of the building, the real estate is still unlikely to get out of the trough, and the sales are definitely not ideal, which will cause more significant losses to the consortium.
In fact, Chen Qizong, as the leader of the younger generation of Xiangjiang, still has the ability, otherwise he would not have led the already devastated Hang Lung Group back to the ranks of the second echelon of Xiangjiang Real Estate Company after Chen Zengxi's death, but it is a pity that in this life, because of the butterfly wings of Rongle, Hang Lung Group has suffered a more tragic blow than another time and space.
"My people over there in the new world have sent back a message, Zheng Yutong's consideration should be similar to what we consider, and his divestment is a legitimate business practice!"
Chen Zengxi continued to ask: "What about Jianing Group, what is their situation, why did the promised interim dividend be cancelled, and how much do you know about their financial situation?"
Chen Qizong's face was slightly ugly, and said: "Jianing's financial situation, I have seen it, it has always been very healthy, as for why they will cancel the interim dividend, I also asked Chen Songqing, but he said that it is the overall plan of the group, and there is no problem!"
Chen Zengxi's face became even more embarrassed, like ashes at the bottom of a pot, he has always trusted Chen Qizong, so the company's two major projects were handed over to him to do, but now there are two things wrong, and at the same time, Chen Qizong's answer also made him not very satisfied, it is obvious that Chen Qizong was led by Chen Songqing.
"Contact Chen Songqing of Jianing Group immediately, and today you will take your professional financial accountant to Jianing Group to check the accounts!" Instinctive Chen Zengxi believes that there are some problems with Jianing Group.
Chen Songqing just wanted to answer, but the door of Chen Zengxi's office was suddenly broken into, and then the two fathers and sons saw Chen Zengxi's secretary with a frightened look.
"What's the matter of panicking?" Chen Zengxi looked at his secretary dissatisfied.
"The chairman is not good, the Dynasty Daily broke out the financial situation of Jianing Group, behind Jianing Group is not a mysterious family in Southeast Asia at all, all the investments he made before were bank loans, and we were deceived by the chairman!"
Suddenly Chen Zengxi felt that his eyes were dark, and he fell on his seat in a gloomy manner, Chen Qizong was also like five thunderbolts at this time, their Hang Lung Group is the third largest shareholder in Jianing, if Jianing's scandal is true, then it will also be a devastating blow to Hang Lung Group.
"Is the source reliable? Is the Imperial Daily chasing after the wind, or does it have conclusive evidence?" asked Chen Qizong, holding back himself from fainting.
"The news is true, Dynasty Daily claimed that when a reporter reported the news in Malaysia, he accidentally learned that Jianing Group has a deep relationship with U-Ming Finance, and through their investigation, it was learned that Jianing Group has huge liabilities in U-Ming Finance, and the relevant debts are as high as 540 million US dollars, and they do not match Jianing's accounts!"
Chen Qizong also sat down dejectedly, U-Ming Marine Finance he knew, a wholly-owned subsidiary of the Malaysian government bank - U-Ming Bank, the bank is a large bank with international business, due to the Xiangjiang government to freeze the issuance of banking licenses, U-Ming Bank made a subsidiary in the form of a subsidiary in Hong Kong to set up a deposit-taking company, named Malaysia U-Ming Marine Finance Co., Ltd.
Under the report of Dynasty Daily, since 1979, U-Ming Marine Finance has established a cooperative relationship with Jianing, and Jianing has officially launched large-scale expansion activities with the full support of U-Ming Finance!
At this time, Chen Zengxi's father and son no longer doubt the authenticity of this matter, because if the Dynasty Daily dares to break such a news, there must be ironclad evidence, otherwise the Dynasty Daily would not dare to break such news!
The bad news is not over, at this time, the door of the office is broken in again, and neither Chen Zengxi nor Chen Qizong is in the mood to reprimand people at this time.
"Chairman, general manager, Yida Investment announced liquidation, and Zhong Zhengwen, chairman of the company, has fled Hong Kong in a hurry!"
As the second largest shareholder of Jianing, Yida Investment has more shareholding than Hang Lung Group, and at the same time, Zhong Zhengwen and Chen Songqing have a closer relationship, and the two are also teachers and friends, and Yida Investment is known as the shadow of Jianing Group, and the cooperation between the two sides can be said to be closer!
The report of the Dynasty Daily is like dropping a bomb in the already boiling stock market in Xiangjiang, directly blowing up the entire stock market and changing color!
Chen Songqing's status in Xiangjiang is like Rongle's general figure, Jianing Group is a high-quality group evaluated by major banks, at its peak, even HSBC is willing to endorse it, but now it was suddenly revealed that Jianing Group's finances are simply fraudulent scandals, and for a time the citizens of Xiangjiang have expressed their unwillingness to believe.
But within two days, the Dynasty Daily once again published the financial situation of Yida Investment, after Zhong Zhengwen fled from Xiangjiang, he left a debt of 2.1 billion Hong Kong dollars for Yida Investment, and other loan guarantees of 1.6 billion Hong Kong dollars, and Zhong Zhengwen is also a ruthless character, he fled from Xiangjiang by himself, and contributed to the ancient money and debt laws of Xiangjiang, and his son has been thrown into Stanley Prison!
This is not the end, and then the news of the Dynasty Daily published again, the photo of Chen Songqing of Jianing Group in his villa and was taken away by the Xiangjiang police, as soon as this report came out, no one doubted the destruction of Jianing Group.
As the third largest shareholder of Jianing Group, Chen Zengxi and Chen Qizong, father and son, were naturally interrogated by the police, but fortunately, Chen Qizong was not involved in Chen Songqing's fraud, so Chen Zengxi and his son were quickly released.
But even so, the stock price of Hang Lung Group has plummeted, and some gossip reporters have taken photos of Chen Zengxi being taken to the hospital.
With the deepening of the investigation of the Hong Kong government, Jianing Group broke out more and more information, in the comprehensive investigation of Jianing Group at the same time, more than one million documents were found, Jianing Group owed a total of more than 10 billion Hong Kong dollars to U-Ming Finance, HSBC, Dolly and other financial institutions, at the same time, the police investigation also found that Chen Songqing had previously joined U-Ming Finance to try to conceal the total liabilities of Jianing, especially the debts owed to U-Ming Finance of more than 4 billion Hong Kong dollars, so that Jianing can be restructured!
After Chen's arrest, the police arrested a number of related people, including partners of a law firm that worked with Jianing Group, and a number of key figures fled Hong Kong.
On the sixth day after Chen Songqing's arrest, Meili Firmly Fufu Bank, one of Jianing's creditors, applied to the Xiangjiang High Court to liquidate Jianing!
In the whole month of November and December, almost all the newspaper headlines were left to Jianing Group, and every news of Jianing Group touched the hearts of Xiangjiang people. In the end, when the news broke that Murray believed that Fu Bank applied to the Xiangjiang High Court to liquidate Jianing.
Since then, the Jianing Kingdom, which has been prominent in Xiangjiang for a while, has created countless miracles and officially collapsed!
The collapse of Jianing Group brought about the formal prosecution by the Hong Kong government against Chen Songqing, chairman of Jianing Group, director He Guiquan, Lin Xiufeng, Lin Xiurong brothers of Baining Shun Group, and accountants Bigge and Lu Zhixuan, accusing them of conspiring in Heung Kong to defraud Jianing's shareholders and creditors by using uncertain and misleading words and concealing Jianing's profits, liquidity and financial situation between January 1, 1981 and July 31, 1982!
The Lin Xiufeng brothers are really good at death, when Rongle took away the antiques left by their father in their hands, they thought they would be able to break off their cooperation with Jianing, but they didn't expect that they still fell into the quagmire of Jianing, and it can only be said that they want to die, and no one can stop them!
Chen Qizong was not prosecuted, but he didn't know people accurately, and let people do such a big game of chess under his nose, obviously the newspapers and media in Xiangjiang are accustomed to praising high and low.
Before this, Chen Qizong was known as the leader of the young talents in Xiangjiang, but now he has become the laughing stock of many newspapers and media, and at the same time, Hang Lung Group has also suffered heavy losses because of this incident, and the stock price of Hang Lung Group has also fallen heavily.
At this time, as an eternal black fan of Rongle, Oriental Daily once again linked this matter to Rongle!
"Jianing liquidated, Rongle suffered heavy losses!" This is the first news made by Oriental Daily, because Rongle also used to hold shares in Jianing Real Estate!
Could it be that the myth of Rongle is really about to be shattered? At this time, the citizens of Xiangjiang were sensitive, and they speculated one after another, could it be that after Chen Songqing, the myth of Rongle would also be destroyed?
However, Rong's Investment announced that the shares of Jianing Real Estate under Rong's Investment had been sold by Rong's Investment at the beginning of this year!
As soon as the news came out, someone calculated that at that time, when the stock price of Jianing Real Estate was the highest, Rongle not only did not lose, but even earned hundreds of millions of Hong Kong dollars!
But how could Oriental Daily say goodbye and immediately bring the rhythm.
"Will Dynasty Real Estate become the next Jianing Group?" In the past two months, the stock price of Dynasty Real Estate has stabilized at the price of 2.1 Hong Kong dollars because of the news of Jianing Group, but it is still below the issue price.
The public relations of Dynasty Real Estate was very successful, and as soon as the news of Oriental Daily came out, Dynasty Real Estate published its financial situation in Dynasty Daily, which is simply healthier!
At the same time, investors in the stock market suddenly found that they had sold the shares of Dynasty Real Estate before, and it seemed that they were a little impulsive, because it is rare for a company with such financial health as Dynasty Real Estate in Xiangjiang Real Estate Company to be.
With the announcement of Dynasty Land's financial status, Dynasty Land's share price has increased slightly.
The Oriental Daily seems to be determined to fight against Rong Le to the end, and published the news that although the financial situation of Dynasty Real Estate is healthy, the reason why Dynasty Real Estate can maintain its financial health is because of the inaction of Dynasty Real Estate, and it is precisely because of this that it can be seen that Rong Le is not optimistic about the follow-up development of Dynasty Real Estate at all.
After the shareholders saw the news, they were also slightly stunned, and felt that the report of the Oriental Daily was also reasonable, the Dynasty Real Estate is now relying on the rent collection of shops in the first city of the Dynasty to make a profit, and the New Territories land exchange rights and interests under their names cannot be exchanged for tangible benefits at all, which makes it useless for them to hold the shares of the Dynasty Real Estate?
Everyone was waiting for Dynasty Real Estate to refute the report of Oriental Daily again, but Dynasty Real Estate rarely entered silence, as if it was acquiescing to the report of Oriental Daily.
It is precisely because of this that the stock price of Dynasty Real Estate, which has just risen, has fallen again!
Under such repetition, 1982 has passed! The citizens of Xiangjiang ushered in the 1983 Xiangjiang!
On this New Year's Day, the citizens of Xiangjiang had a boring life, and the future of Xiangjiang had been shrouded in a thick layer of dark clouds, and some people even pessimistically thought that Xiangjiang was coming to an end.
After New Year's Day, the Oriental Daily published a news article again!
"Chen Songqing, Chen Qizong, Rong Le! Xiangjiang's most dazzling business star in recent years!"
The title is very appalling, Oriental Daily has found the so-called experts, in all aspects of the analysis of the fall of Jianing, indicating that Rongle's Dynasty Real Estate will also follow in its footsteps, now Chen Songqing has been arrested, and Chen Qizong is because of the fall of Jianing, resulting in Hang Lung Group deep in debt, Dynasty Real Estate seems to be financially healthy, but Rong Le's inaction is obviously a laissez-faire of Dynasty Real Estate, if the real estate market in Xiangjiang continues to be sluggish, Dynasty Real Estate in the past two years is fundamentally no future at all, it is like ruin!
Not to mention that the news of Oriental Daily is still very bluffing, and for a while, there was no shortage of voices in Xiangjiang singing about the decline of the dynasty. And people with ulterior motives, even rumored among ordinary citizens that Rong Le's choice to list Dynasty Real Estate was to cut the leeks of ordinary shareholders!
Hong Kong Sanatorium & Hospital!
As reported in the news, Chen Zengxi was hit one after another and was finally admitted to the hospital, at this time he was lying on the hospital bed, and standing next to him was his younger brother Chen Zengtao and son Chen Qizong!
"How's things going for the group?"
Chen Qizong replied: "I have contacted the Bank of East Asia and Hang Seng Bank, and they have all agreed to take out loans, and this difficulty of the group will definitely be able to pass!"
Chen Zengtao said: "However, the group's losses this time are also heavy, but fortunately, we withdrew from the project of the property above Admiralty Station in time and sold the shares of Dynasty Real Estate, otherwise it is not certain whether the group can survive this difficulty!"
Chen Qizong continued: "Dynasty Real Estate is now in a hurry, we were too correct to sell the shares of Dynasty Real Estate at the beginning, although we lost more than 30 million, but it is also better than those shareholders who are trapped!"
Chen Zengxi nodded, this is the only good news among all the bad news!
However, as if God didn't want them to be so happy, Chen Zengxi's secretary appeared in the ward again, and said with a complicated expression: "Chairman, the Hong Kong government has just announced that it will stop issuing land exchange rights in the New Territories starting this year!" I want to talk with more like-minded people about "{?$article_title?} ", WeChat pays attention to "excellent reading literature", chatting about life, looking for confidants~