Chapter 443 Farewell to My Former Left and Right Arms

Chapter 443 Farewell to My Former Left and Right Arms
The fuse that detonates the bubble finally appears!

On March 3, the "Industry and Commerce Daily" published explosive news: "Fake Hopewell shares" were found on the market. There were three fake shares of "Hopewell Industrial Co., Ltd." with a face value of 12 shares. How many fake shares are there in the market that have not been discovered? It is unknown.

The government immediately notified the exchange to suspend trading, and the police also intervened in the investigation after hearing the news.

Hopewell Holdings Limited, which was listed on August 1972, 8, is a powerful real estate company and one of the five Chinese tigers. In 21 alone, the company's actual profit exceeded HK$1973 million, and the company's performance can be said to be not bad.

However, when the news of fake stocks was exposed by the media, regardless of whether the original company's performance was good or bad, investors could not suppress their suspicion and worry. Many people were afraid that the stocks they held were also fake, so they sold all their stocks and put their money in the bag.

The Hang Seng Index fell 40 points on the day the news broke. Who would have thought that this panic selling would grow from small to large, causing a chain reaction. Rumors of fake stocks became more prevalent, and more and more people chose not to hold stocks, leading to a wave of selling in the market. On the second and third trading days, the Hang Seng Index fell 60 and 70 points respectively.

At this point, the Hang Seng Index began to plummet after reaching a historic high. The Hang Seng Index reached its highest point on Friday, March 3, and the fake stock news that triggered the plunge was published in the newspapers three days later on Monday.

On March 3, the Hang Seng Index fell all the way to 21 points.

During this period, Wang Yuanchao cashed out another 12 billion yuan, and the market value of the stocks he held directly reached 25 billion yuan, a direct drop of more than ten billion yuan!

Even so, when he first went public, his shares were worth only 20 billion. He cashed out so much money, but he still had so many shares!
Nothing to say, keep throwing!
After all, the Hang Seng Index still has more than 1,000 points!

On April 4, the Hang Seng Index fell below 10 points. Wang Yuanchao cashed out 1000 million yuan. He still had 5 billion yuan worth of stocks on hand, and lost 17 million yuan from the drop.

At this time, he already controlled less than 40% of his company, but that did not prevent him from still being the largest shareholder.

After the sharp drop, the stock market began to decline amidst fluctuations, breaking through 800 points, 700 points step by step...

Wang Yuanchao is still selling tens of millions of yuan every day. How can this be the end? Compared with the cash he gets from the shares he has, the company's profit is like the difference between a firefly and the moon.

The total maximum annual profit of all his companies was only 200 million, but by cashing in his shares, he could easily make billions.

Yes, large companies with high profits sell less stock and slower, while small companies with medium or low profits sell more stock and faster.

Wait until the bottom, and then slowly collect them back. In one go, you can make back profits of ten or even dozens of years in advance. Isn’t that great?

Soon, Wang Yuanchao received a call from someone from Bao'an Hall in the New Territories, saying that his family had arrived in Guangzhou!

It’s the Spring Fair again!

He actually stayed in Hong Kong every day for half a year. He didn't go back to the mainland for the Chinese New Year, and he even hadn't been to the United States for such a long time!

To be honest, the opportunity to make crazy money only comes once in many years!

Wang Yuanchao arrived in Yangcheng in the morning and had dinner with his elder brother Wang Sheng at the agreed place.

"You look really good. It seems that you're more energetic now that you have more children!" said the eldest brother Wang Sheng jokingly.

How could Wang Yuanchao look bad? He has made a lot of money in the past six months!

If the 8 million loan from the bank is counted as profit, he cashed out nearly 50 billion from the stock market!
Before this wave of stock market crash, Wang Yuanchao's net worth was inflated by several listed companies. He was worth 20 to 30 billion yuan, but he did not have even 100 million yuan in cash.

He used all the money to buy real estate. The current market value of these properties is over 20 billion. He borrowed a lot of money to buy at the bottom.

Now, just in Hong Kong, he still has over 20 billion worth of real estate and more than 20 billion worth of stocks in several companies! He has 6000 billion Hong Kong dollars, 1 million British pounds, 3000 million U.S. dollars (all foreign currencies have been exchanged), and nearly 4 million Hong Kong dollars in gold (this is the only amount he has found on the market). There should be no doubt that he is the richest Chinese.

So, how could your complexion be bad?

"Hey, the kids don't want me to take care of them, I just need to entertain them and have fun!

However, I can't wait to make some contribution to the mainland!" Wang Yuanchao told the truth and smiled.

It would be really sad if we don’t invest some of this much money in the mainland.

Wang Sheng shook his head. The third child was really something. He didn’t even want to take care of the baby himself.

After the greetings, Wang Sheng said:

"Both your parents are fine. Your eldest sister-in-law gave you a nephew named Wang Wenjian, which means building the country. Your second brother is gone. Your second sister-in-law caught a cold this time and is pregnant with another child. He has to be taken care of at home. As you know, my younger sister is no longer in the unit. She went to Yanjing University and is not so comfortable there."

Wang Sheng explained why he came alone this time.

"How's the second sister-in-law?
You and the second brother are really competing with each other. If you want to get married, you have to be close to each other. If you want to have a baby, you have to be close to each other too!"

Wang Sheng sighed:
"My father-in-law also came to help. He has a lot of medicinal herbs, so the condition is under control. The weather in spring is unpredictable. If you're not careful, you'll get sick."

Wang Yuanchao nodded. He had cold medicine, but he didn't dare give it to pregnant women. What if something went wrong with it, such as the baby being deformed or miscarrying? That would be a big deal. But since his elder brother said so, it seemed that the problem was not too serious.

"When you get back, bring some masks with you. We have a lot of Chinese patent medicines here, which are also very effective in treating common diseases. As the second in command of the art troupe, you should get some benefits for everyone. Your brother will pay for you!"

Wang Sheng smiled and said:

"That's great! The inland supplies are relatively scarce, but we can just give everyone a discount. It's hard to explain if we give it away for free. I don't have that much wealth, right?" Wang Yuanchao nodded:

"Are you and Director Liu still leading the team this time?"

Wang Sheng shook his head:
"I just discovered that Director Liu doesn't like to be in the spotlight.

The person who led the team here before was a new official, and he wanted to demonstrate his inheritance of tradition and the importance he attached to the opening ceremony performance.

But it has been so many years, and the show we perform is still the same, so he is too lazy to come out again.

Let's not talk about him. Director Hu Yan also caught a cold and couldn't come to perform this time. This time, Guo Feng and I are leading the team. Oh, Wu Lanfang is here too. Do you want to meet her?"

Guo Feng is also the deputy director of the art troupe. Although he ranks last, he is still the deputy director. He is from the song and dance troupe.

Wang Yuanchao glanced at his elder brother and said casually:
"How is your relationship with Guo Feng and the others now?"

Wang Sheng smiled and said:

"Can the person you introduced be wrong? By the way, you have an apartment on Xinzhong Street? Rented to Guo Feng?"

Since the eldest brother already knew about it, Wang Yuanchao did not hide it and said:

"That belongs to Lou Xiao'e. Where can I get a house? The small courtyard is also hers!"

Wang Sheng's big mouth is the boss, his third brother, this ability is amazing! At that time, he was still in the mainland!

"I didn't ask specifically. Wang Li told me that this way we can all know each other well when we work together, so that people won't have to thank you. I don't know the specific reasons yet."

Wang Sheng explained that after all, Guo Feng was promoted by Wang Yuanchao, but many years have passed since then. Now, more importantly, the Wang family has solved his housing problem. Because the brothers and sisters of the old Wang family all have houses, they said they can always rent them to him.

In recent years, the housing problem in the capital has been a very difficult problem. Even though Guo Feng was a newly promoted deputy director, he was not eligible for a dormitory or something. The Ministry of Railways would not allocate him any. Guo Feng had neither the shamelessness nor the power to clear out a room in everyone's dormitory for himself.

Wang Yuanchao waved his hand and said:

"It's been a long time since this happened, and you didn't go to the art troupe at that time, so I could only tell Wang Li. By the way, since he's here too, let's ask him to come and meet us together. This way we'll know that my former leader is still alive!"

Wang Sheng said carefully:
"Is it appropriate?"

Wang Yuanchao thought for a moment and said:

"Call Wu Lanfang over as well, and let's meet them together. They were both my right-hand men back then, so it's more appropriate for them to meet together.

Say hello to Wu Lanfang, and make sure you treat it as if you are meeting me for the first time, so that she can build up some feelings in advance!"

Wang Sheng actually had this in mind, otherwise, why would he come here with Guo Feng and also call Wu Lanfang.

It couldn’t be better since my third brother asked to meet me himself.

Guo Feng is indeed a rare honest man. Although he is the deputy director, he does not have as much management experience as Wang Sheng. With the guidance of his second and third brothers, Guo Feng is more of a simple front-line manager and is relatively close to Wang Sheng.

Originally, it would be fine, there was no need to bring him to see the third brother, but Wu Lanfang knew the third brother. If Guo Feng found out one day that he didn't know this, would he think too much? Would he think that he was not as important as others?
The left arm and the right arm are both very important!
So Wang Sheng thought it would be better to make a breakthrough and break through this layer of cover-up so that everyone could have a closer relationship and form a close-knit small group, so that if something unexpected happened one day and caused estrangement between the other parties, they wouldn't be unaware of it.

Everyone is no longer young, so of course they understand Wang Yuanchao’s advice. In order to avoid Guo Feng thinking that he is the last to know, it would be bad.

It was much more normal since he and Wu Lanfang knew it together.

Wang Shengdao:
"Then I'll inform them, and then we can have dinner together in the evening?"

Wang Yuanchao thought for a moment and said:

"Forget about dinner, make it urgent so that it seems like you, my dear brother, can't contact me very conveniently!"

Wang Sheng frowned:
"Then how do I explain how I got in touch with you?"

Wang Yuanchao rolled his eyes:

"Brother, you are the leader! Is it necessary for a leader to explain everything to his subordinates? Can't a leader have some little secrets?"

Wang Sheng was speechless and said awkwardly:

"I just want to treat him with sincerity. Besides, he is also the deputy director."

Wang Yuanchao smiled and said:
"You have many flexible methods. You've brought them here to see me. Isn't that honest enough?"

(End of this chapter)