Chapter 89: Suppressed to insolvency

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On the same day, shortly after the opening of the Hong Kong stock market, in the market that has been sluggish, Junlei International shares suddenly rose against the trend, and returned to the level of eighty percent before the financial crisis in just a few minutes, but the market did not have time to react, and plummeted instantly, falling to the lowest point since the financial crisis......

The skyrocketing ups and downs during this period of time are like riding a roller coaster. Some experts, or long-time investors in the stock market, noticed that this stock was abnormal!

Hong Kong is one of the world's financial centers, the rules of the stock market are in line with the West, there is no limit or limit rule, and you can not only go long, but also short!

UBS is also a world-class large bank, with branches in Hong Kong, after receiving the request of the headquarters to suppress the stock price of Junlei International last night, UBS Hong Kong Branch took action, and immediately contacted several investment institutions in Hong Kong, transferred funds from Lin Ze's account, and made a plan overnight.

This kind of dispersion of funds in multiple institutions, with the way of manipulating stock prices, is an open means for international large institutional investors to avoid legal risks, but after all, there is a suspicion of violating the law, so it is generally done secretly, low-key, and the ups and downs will not be too eye-catching.

But the sharp rise and fall of Junlei International's stock price went straight into the bland and boring music, and suddenly there was a burst of rock rhythm, how could it not attract people's attention? For a while, some shrewd people realized for the first time that this stock was deliberately manipulated and suppressed!

The chairman of Junlei International is Chen Zeming, known as Brother Jiu in Hong Kong business circles, who is active in the Hong Kong entertainment industry and is a figure who has attracted a lot of news attention!

Is this someone deliberately suppressing Chen Zeming?

Shrewd people thought of this in an instant!

In essence, although Chen Zeming is a rich man, even at the peak before the financial crisis, there are more people richer than him, and the reason why he is valued in the business world is because he has a good deal with Yang Shou of the Emperor, and Yang Shoucheng is good friends with Xiang Huaqiang, the big man of Xing Yi'an!

Chen Zeming is nothing, but Yang Shoucheng and Xiang Huaqiang, that's a terrible thing, in Hong Kong, that's a tycoon who stomps and trembles!

So who dares to provoke the ninth brother Chen Zeming? Isn't he afraid of the two tycoons behind Brother Jiu?

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Not to mention Hong Kong, on the morning of the same day, the person in charge of the UBS branch in Taiwan and his party entered a well-known charitable organization in Taiwan: Buddhist Tzu Chi Merit Association, with a check of 100 million US dollars......

Half an hour later, the head of the UBS branch left in the presence of an elderly teacher, who was none other than the founder of the Tzu Chi Merit Association: Venerable Master Zheng Yan.

US$100 million, or more than NT$3.1 billion, accounted for more than 30% of the donations received by the Tzu Chi Foundation that year.

Therefore, the Venerable Master only knew that the donor was a major client of UBS, and the others did not even know their nationality.

Seeing the person in charge of the UBS branch and his party get in the car and leave, the Venerable Master closed his eyes, folded his hands, and compassionately recited the Buddha's name, "My Buddha is merciful, good, good......"

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Hong Kong. Office of the Chairman of Junlei International.

Chen Zeming stared at the computer screen with red eyes, he breathed heavily, and saw that the stock price was raised and suppressed again and again by the mysterious capital, and in just over an hour, its market value was suppressed from 67 million Hong Kong dollars to 43 million Hong Kong dollars, a loss of about 30%! ……

"It's over! Finished! ......" Chen Zeming muttered to himself in despair.

As a listed group, its debt ratio has been controlled at about 50% as much as possible, and although the market value of the group has suffered serious losses under the financial crisis, it has not yet reached the point of insolvency.

But now......

In a short period of time, the group became insolvent, and he personally owed more than 10 million Hong Kong dollars......

"Ring, ring, ring, ......" Suddenly, the landline on the desk rang.

Chen Zeming hurriedly picked up the phone, "Hey, is it Brother Yang?" Brother Yang, help me, help me! ……”

He knew that after the group's stock price was suppressed, because the group had no liquidity, he called Yang Shoucheng to borrow, and the other party agreed very righteously, but he needed to prepare.

However, his hopes were dashed, and there was silence on the other end of the phone for a few seconds, and then he heard someone say, "Hello, is this Mr. Chen?" I am the manager of the Hong Kong Stock Exchange, and your Junlei International Group has become insolvent due to the stock price falling below its debts, and I would like to inform you that we will suspend the trading of your group, and at the same time remind you of the "Practice Note 17" of our listing rules, and you have six months to raise funds......

"Smack! ~" Before the other party finished speaking, Chen Zeming hung up the phone angrily!

As soon as the phone hung up, it rang again.

"Hey, who's that!" He was in a bad mood and answered the phone and asked, his tone extremely resentful.

“…… Alas, it's me. The other party sighed and replied.

"Ah, Brother Yang!" Chen Zeming's attitude changed suddenly, and he begged aggrievedly: "Brother Yang, save me, save me, just now someone from the Hong Kong Stock Exchange called, the group was suspended, and I am going bankrupt!" ……”

However, the other party did not answer him immediately, and was silent for a long time before he said: "Zeming, my brother is sorry for you, I can't help you." ”

"Huh? ......" Chen Zeming couldn't believe his ears, and in an instant he felt that he had been betrayed, what a good friend and good brother? It's all a lie!

"The surname is Yang, you actually don't save you when you die?!" He yelled angrily, "Be careful that I shake your ugly things out!" He didn't choose what he said, but as soon as he said it, he regretted it.

"You're threatening me?" Yang Shoucheng's cold voice came from the phone.

"I didn't ...... No...... Brother Yang, I'm ...... I ......" Chen Zeming stammered and couldn't finish speaking, he was called Brother Nine in the business world, in fact, it was all because he had Yang Shoucheng behind him, without Yang Shoucheng, he was nothing!

"Alas~" Yang Shoucheng didn't really care, sighed, and said: "Zeming, it's not that I don't help you, but just now, I received a call from the person in charge of the UBS branch, and he said to me......"

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