Chapter 365 The Collapse of the “Financial Empire”

"Mr. Hu, Xijiang Bandung is beginning to collapse..."

On this day, Hu Yang was in his office. Yu Hongbo and Minister Kang came to the investment building hand in hand and brought Hu Yang a surprising news.

Years later, the three stocks controlled by Xijiang Wanlong suddenly began to decline at an accelerated pace. Before the market closed yesterday, three stocks, including Xijiang Honghe, were blocked by a huge number of orders and stopped falling by the limit.

As soon as the market opened today, these three stocks were still at their daily limit.

"Is this the beginning?"

Hu Yang was stunned for a moment, then realized that Pang Qianli was preparing to withdraw funds from the securities market.

However, it is obvious that the market is suspicious of the three market makers with high stock prices. Otherwise, why would no one take over?

Hu Yang remembered that in the time and space of the past, Xijiang Bandung began to collapse in early 2004. For example, Xijiang Honghe, after diving from the high platform, fell to the limit 21 times in a row, which is amazing.

"Lao Yu, Minister Kang, just keep watching the stock price trend of Xijiang Honghe, and don't worry about the other stocks. In addition, you should try to go to public places as little as possible recently, and wear a mask when you go out."

Although there was no need to create a fuss, Populus euphratica still warned the two of them.

After the two left, Hu Yang asked Lin Yan to draft a notice and distribute the relevant health and safety information to all member units of the Huijia Department to remind employees to pay attention.

"One, two, three, four, five..."

From then on, Hu Yang had one more task every day, which was to count Xijiang Honghe's daily limit. Unknowingly, Xijiang Honghe's stock price had dropped from 17 yuan to 4 yuan.

At this line, its stock price opened above the plate with heavy volume. However, the rebound was weak and will continue to fall in the future.

The other stocks controlled by Xijiang Wanlong were not much better, and they also participated in the high platform diving performance. After this incident, Xijiang Wanlong could no longer borrow a penny from any bank, and the trust company ushered in its third crisis.

Second wave of runs.

“Xijiang Wanlong can’t resist anymore!”

Now that things have come to this, not to mention Pang Qianli, even the gods are unable to recover.

In early March, the regulatory authorities announced their involvement in the investigation into Xijiang Bandung’s alleged illegal stock price manipulation.

In mid-March, relevant departments announced an investigation into Xijiang Bandung's alleged illegal absorption of public deposits.

At the end of March, relevant departments took coercive measures against Pang Qianli, the actual controller of Xijiang Bandung.

At this point, Xijiang Bandung's financial empire dream collapsed.

The board of directors of Xijiang Wanlong announced that it will entrust all the company's assets to "Hongda Asset Management Company" for handling. This entrustment is irrevocable and cannot be changed!

The current stock price of Xijiang Honghe has reached as low as 1.58 yuan.

"Lao Yu, Minister Kang, now start buying Xijiang Honghe's stocks. The price is capped at 2.4 yuan. Within this price range, you can play freely. The quantity is temporarily controlled within 5% of the total share capital."

After Hu Yang convened an emergency decision-making committee meeting, he issued a buying order to Hongbo and Minister Kang, and from now on, he began to actively absorb Xijiang Honghe's stocks.

"Mr. Hu, the cliff-like decline of Xijiang Honghe's stock is due to the break in the capital chain caused by the thunderstorm in Xijiang Bandung. Is it too early to buy its stock now?"

Theoretically speaking, Yu Hongbo believed that it would be inappropriate to intervene in this stock too early. However, Hu Yang had issued a buy order before, and after much hesitation, he still gave a reminder.

"Lao Yu, we are now involved in Xijiang Honghe not to speculate on stocks, but for the complete integration of the red industrial chain. Let's execute it..."

Populus euphratica is relatively tolerant of Yu Hongbo.

Therefore, after he explained, he waved his hand and asked Yu Hongbo and Minister Kang to handle the matter immediately.

Xu Younian followed Hu Yang's instructions and transferred 1.8 billion yuan of funds from Huijia Holdings' account to the securities account. Yu Hongbo and Minister Kang led their employees and began to buy Xijiang Honghe's stocks.

After the beginning of spring, the farmers who had signed a tomato purchase agreement with Xijiang Honghe gradually learned some news. When they found the company to inquire about the specific situation, they discovered that Xijiang Honghe had temporarily suspended operations.

Hongda Asset Management Company has taken over Xijiang Honghe and, together with a working group sent by the province, is verifying the company's assets, claims and debts.

Now, many farmers who grow tomatoes are beginning to panic. What if the harvest season comes and no one buys the ripe tomatoes? You must know that the storage period of tomatoes is very short. If they cannot be sold, they will rot on the ground.

At this moment of panic, Xueling Foods made a timely announcement and signed this year's supplementary acquisition agreement from now on.

The units and individuals that were supposed to sign agreements with the company last year have already signed them. Now it is equivalent to giving a chance to the farmers who signed the purchase agreement with Xijiang Honghe.

Of course, this year's purchase price is the same as last year, slightly lower. Because according to Xueling Food's current production capacity, it is difficult to digest such a huge supply of raw materials.

This is the relationship between supply and demand. If Populus euphratica hadn't repeatedly warned not to lower the price too much, the purchase price might have been much lower.

"Brother Hu, I don't know you yet? You are not a master who is willing to suffer losses. Tell me, what are you thinking about?"

Chen Jialin is a small shareholder of Xueling Food. Although he has never cared about the company's production and operation, the big commotion in Xijiang Wanlong aroused his curiosity.

Years ago, it was the peak production season for Hard Rock Technology. Chen Jialin was very busy during the day, so he specially invited Hu Yang to have dinner. Liu Jia and Tian Sichun also came at the same time.

"I didn't take the initiative to lower the price this time. I really didn't have any back-up. Think about it, now that Xijiang Bandung has collapsed, Xijiang Honghe is also in a precarious situation because of being implicated. At this time, stability is the most important. I have said before, red

As for the industrial chain project, the social benefits are far greater than the economic benefits. What would you do if it were you?"

Hu Yang took a bite of the food and then said these words to Chen Jialin.

Chen Jialin thought about it, and it was the same truth. You can't lower the price just because of small economic benefits. If you do that, it will really outweigh the gains.

Because Xijiang Honghe has fallen into operating difficulties, it is still unclear whether production can be carried out this year. There is a high possibility that the purchase contract will not be fulfilled. At this juncture, it is of course no problem for Xueling Food to purchase at a low price. Farmers have to sell or not.

It has to be sold too.

However, the pressure from public opinion afterwards and the pressure from the province have to be considered. Therefore, it is actually very uneconomical to covet the small gains at hand.

"Hehe, let's talk about it, when did you, Brother Hu, make a mistake? Sometimes I have to admire you, you have a vicious vision."

Chen Jialin sighed. He himself did not have such an overall view. He felt that some things were innate and difficult to train.

"Chunchun, Jiajia, how are you two? You didn't fail last semester, right?"

Hu Yang smiled, changed the topic, and turned to care about Liu Jia and Tian Sichun's studies.

"Of course I won't fail the class. We are both good students. By the way, Mr. Hu, can you still get isatis root and disinfectant masks? A classmate of mine said he wants to buy a batch."

Tian Sichun's mouth was full of food and before he could reply, Liu Jia spoke for the two of them.

Liu Jia and Liu Jia also knew about Hu Yang's donation of medicines and disinfectant masks to Shenhai University, so she asked.

"Jiajia! Don't take advantage of this. I know that these goods on the market have increased more than ten times. Don't let others take advantage of you."

Chen Jialin shook his head and said something to Liu Jia, mainly because he was worried that she would be taken advantage of.

Liu Jia became anxious when he heard this, and quickly explained: "That's not the case, Mr. Chen. My classmate's family runs a chain drug store. In their family, the prices of these in-demand goods have not increased much. But now, it seems that they can't get the goods.

, so I asked her for it."

Hu Yang nodded, feeling that Liu Jia was still a person with a strong sense of right and wrong.

"Jiajia, I'm not sure if the supply is still available right now. I'll ask later. Otherwise, I'll give you a contact number later and you can call yourself."

Hu Yang didn't think Liu Jia would lie to people about this kind of thing. The pharmaceutical chain company she was talking about would be clear if anyone could just check it out.

Therefore, Hu Yang planned to ask Liu Jia's classmate's family to contact Li Hao directly.

"Brother Hu, there are also many cases in Xiangjiang. Do you think this matter will get bigger and bigger?"

Speaking of this matter, Chen Jialin couldn't help but feel a little worried.

"It will be under control, don't worry. However, during this period, everyone should go less to public places and remember to wear a mask when going out. Mr. Chen, in fact, the medical workers who are fighting on the front line now bear the greatest risks. I plan to take the lead in establishing

There is a fund dedicated to helping these medical staff, are you interested in joining?"

Hu Yang planned to donate medicines and masks worth 60 million yuan and stop purchasing them. He felt that something of practical significance should be done, so he thought of setting up a fund.

"Haha, just ask me for this matter. I am good at it. I have done similar things in Xiangjiang before."

Chen Jialin agreed immediately, and he supported Hu Yang's idea.

"A Yang, Mr. Chen, how about Jiajia and I also use our spare time to help you do this together."

Tian Sichun decided to serve as volunteers together with Liu Jia, which can be regarded as doing his part.

"Okay, this is settled. I will donate 40 million yuan first. The fund will be led by Mr. Chen and I. When Chunchun and Jiajia are not busy, please help us with some errands."

The "White Angel Fund", which will be very influential in the future, was thus established.
Chapter completed!