Starting out as a drug dealer in 1988
Chapter 491: Forced Execution
"what?"
Kuang Youzhi widened his eyes and looked at Zhao Wenhao in astonishment, as if he couldn't believe what was happening before his eyes.
He blinked hard, trying to make sure it wasn't an illusion.
His mouth was slightly open, as if he wanted to say something, but his throat felt like it was stuffed with cotton and no sound came out.
"Any doubts?" Zhao Wenhao smiled slightly, his eyes revealing a hint of deep meaning.
He naturally understood Kuang Youzhi's inner struggle and confusion at the moment, so he said softly: "If you have any ideas, just speak up. There's no need to hold them in your heart."
Kuang Youzhi took a deep breath and finally mustered up the courage to ask, "Why?"
This sentence not only contains the doubts in his heart, but also carries his confusion about Zhao Wenhao's decision.
Back then, Zhao Wenhao resolutely chose to invest with a loan despite the huge risks. At that time, Kuang Youzhi had repeatedly advised him that the risks were too great.
However, Zhao Wenhao at that time was stubborn and refused to listen to his advice.
For this reason, Kuang Youzhi was worried all day long, worried that the future of New Century Investment Company was bleak.
However, facts speak louder than words, Zhao Wenhao succeeded!
In just one year, the company's net profit reached a staggering 70 billion yuan!
Such amazing performance is not inferior even when compared with those powerful large investment consortiums.
So, at this moment, Kuang Youzhi couldn't help feeling a little ashamed.
At the same time, he also deeply admired Zhao Wenhao's decisive decision and gave him a thumbs up to express his praise.
Therefore, Kuang Youzhi often reflects on whether he is too cautious.
Just today, both the stock market and the property market are still on the rise, and no adverse news has been reported.
More importantly, the economy of the entire Asian region is showing a booming and prosperous scene.
If this trend continues, the Hang Seng Index will surely break through the 18000 point mark; and the property market and land prices also have the potential to rise further.
However, at this moment, Zhao Wenhao, who had just arrived, directly proposed a full sell-off.
It's not just about selling off, but about clearing out all assets.
This undoubtedly made Kuang Youzhi very confused.
If the purpose is simply to reduce risk, then selling 30% or even 40% of assets is reasonable and acceptable.
Even if something unexpected happens, the risk is still within controllable range.
However, if nothing unusual happens, even if only 60% of the property units, stocks, funds and other assets remain, substantial profits can still be obtained.
"The economy is overheating, and large amounts of funds are pouring into the stock market and the real estate market. I feel like something is going to happen." Zhao Wenhao replied briefly.
After hearing this, Kuang Youzhi frowned tightly and still could not accept such an explanation.
As for economic overheating, there have been signs of this since the beginning of last year.
At that time, you, Zhao Wenhao, invested in it without hesitation, and even invested with a loan.
Why sell everything off when the market is still improving? It really doesn't make sense!
However, these words were just thoughts in his mind. No matter how stupid Kuang Youzhi was, he would never refute his boss with such words in person.
After all, they are the ones who decide everything.
So, he could only cautiously persuade him, "Mr. Zhao, if you think there's a risk, we can sell off slowly first and then observe for a while. There's no need to rush to sell everything."
He tried to persuade Zhao Wenhao to change his mind in a gentle and rational way, but his heart was full of doubts and worries about this decision.
"Yes, I also want to sell slowly," Zhao Wenhao explained. "But I won't observe for a while longer. I'll still choose to sell everything. But I can do it at a certain pace. I hope to complete this within the next three months."
With assets worth more than 10 billion, it is impossible to sell them immediately even if you want to.
Just like stocks, selling so many of them will inevitably cause panic and even spark speculation.
This is inconsistent with Zhao Wenhao's original intention.
The reason why he chose to start doing this in March was that he was very clear that the Asian financial crisis would inevitably hit in July.
If he really waited until then to sell it, it would obviously be too late. So, after thinking about it, he chose now.
With a period of more than three months, completing this task should not cause too much of a stir.
After all, there are already some signs of trouble in the Asian economy, and some people with a keen sense of smell have already sensed the crisis.
Therefore, gradually selling off the assets in hand at this time can also give the market a buffer period and avoid causing excessive fluctuations.
Kuang Youzhi frowned, he still felt that his boss's decision seemed a bit hasty.
Therefore, he continued to persuade: "Mr. Zhao, why don't we observe for a while and see what happens!"
However, Zhao Wenhao knew very well that this matter was difficult to explain, and he only needed to give a general reason.
New Century Investment Company is solely owned by him and he does not need to account to anyone.
He decisively waved his hand, interrupting Kuang Youzhi's attempt to continue speaking. "Mr. Kuang, this is settled. If you have other ideas, we can discuss them later, but before that, you just need to strictly follow my instructions. You must develop a feasible plan and submit it to me as soon as possible. I will stay in Hong Kong Island for the near future."
"Mr. Zhao, I..." Kuang Youzhi was still unwilling to give up easily.
However, Zhao Wenhao's face had already darkened, and there was a hint of displeasure in his tone: "Why, is it that my words are useless now?"
Kuang Youzhi shuddered and hurriedly explained, "No, Mr. Zhao, I will arrange the execution immediately."
In their past communications, Zhao Wenhao rarely got angry.
Most of the time, he was always friendly and treated Kuang Youzhi quite politely.
But today's sudden change of attitude really made Kuang Youzhi a little nervous.
At New Century Investment Company, Kuang Youzhi is in great success. Not only does he have an annual salary of over one million, but he also receives an enviable year-end bonus.
Such generous treatment makes his annual income easily exceed the HK$5 million mark.
Such a staggeringly high salary is rare even in the entire Hong Kong financial industry.
Therefore, Kuang Youzhi naturally couldn't bear to give up this hard-earned golden rice bowl.
In the blink of an eye, Kuang Youzhi left Zhao Wenhao's office with heavy steps, and immediately gathered a group of middle and senior backbones of the company.
Everyone gathered together to discuss countermeasures.
After all, selling off such a large amount of assets is no easy task. Only careful planning and careful execution can maximize profits.
Kuang Youzhi was clear about this.
As for Zhao Wenhao, he sat leisurely aside and did not participate in this heated discussion.
As the boss of the company, he only needs to give orders, and the rest of the specific operations and execution will naturally be taken care of by his capable subordinates.
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