Reborn in 2014: A One-Man Tycoon
Chapter 278 So what if we start over?
Over the next two days, the entire business community of Shanghai was shaken.
First, Shang'an Real Estate issued an announcement.
Because the former chairman, Shen An, without the authorization of the board of directors, privately borrowed money or issued new shares in the company's name to raise 800 billion yuan to invest in Liu's Group.
The company's debt has increased, and the board of directors has decided to remove Shen An from his position as chairman.
The company does not acknowledge Shen An's loan; it is considered Shen An's personal debt.
At the same time, the company repurchased 35% of the shares held by the Shen family for 280 billion yuan and appointed Shen Yue as the new chairman.
The Chen family was the first to panic upon hearing this news.
As in-laws, the Chen family lent Shen An 300 billion.
The Chen family is also a family with a market value of hundreds of billions.
However, the Chen family cannot afford a sum of 300 billion.
Shen An confidently declared that as long as he secured the cooperation rights with the Liu Group, Mengying Capital would invest 1000 billion yuan in Shang'an Real Estate.
The 300 billion will be returned immediately.
This is also why the Chen family was willing to give everything they had, almost emptying their entire coffers, to raise 300 billion yuan to support Shen An.
Of course, Shen An also promised at the time that he would return the 310 billion yuan, including principal and interest, when the time came.
This perfectly illustrates the old saying: while you're eyeing someone else's interest, they're eyeing your principal.
If this 300 billion is lost, the Chen family will definitely suffer a major blow.
It's even possible that the cash flow will dry up, leading to a permanent decline.
"Damn Shen An! Quick, contact Shen An and ask him what's going on!"
Old Master Chen tapped his cane, his face flushed with anger.
“Grandpa, we can’t get in touch with him. He…he borrowed money from Fifth Master, and it’s in Fifth Master’s hands now.”
Chen Zhennan said, trembling.
Since Chen Zhendong was imprisoned for scheming against Meng Chuan.
Chen Zhennan thus became the sole heir of the Chen family.
Before Shang'an Real Estate issued its announcement, Chen Zhennan received a distress call from his aunt, Chen Li.
But before Chen Li could finish speaking, she seemed to have been kidnapped.
Chen Zhennan also sent people to investigate immediately.
Only then did I learn that Shen An had been discharged from the hospital, but he and Chen Li had both disappeared without a trace.
Chen Zhennan investigated and found out that both of them had been "invited" away by Fifth Master.
Because Shen An borrowed 354 billion from Fifth Master.
"What? Fifth Master? Shen An has ruined me! Pfft!"
Old Master Chen coughed up a mouthful of blood.
If it weren't for Fifth Master, he would have dared to force Shen An to repay part of the loan.
After all, Shang'an Real Estate spent 280 billion yuan to repurchase their shares.
If they can recover even half of it, the Chen family can finally breathe a sigh of relief.
However, Shen An had also borrowed money from Fifth Master, so Old Master Chen simply didn't have the courage to rob him.
Unlike the Chen family, which was in complete chaos.
At this moment, on the top floor of the Blackman Bar, Fifth Master was leisurely drinking tea.
"Fifth Master, why did you call me here in such a hurry? Are you here to give me a share of the money?"
Meng Chuan pushed the door open and came in, saying with a grin.
"Hmph! You're quick today, you arrived in 20 minutes."
Fifth Master rolled his eyes at Meng Chuan.
The last time he invited Meng Chuan, it took Meng Chuan a full hour to arrive.
I made a phone call today, and Meng Chuan arrived immediately.
That bastard really won't do anything without a profit.
"Hehe, I happen to be nearby today."
Meng Chuan smiled and, without any ceremony, plopped down in front of Fifth Master.
"Do you think I believe it?"
Fifth Master looked at Meng Chuan with disdain.
"Whether you believe it or not, I believe it anyway."
Meng Chuan picked up his teacup, took a sip, and asked impatiently:
"So, have you squeezed enough out of Shen An to cover our interest?"
"Do you love money that much? You got Shang'an Real Estate for free this time, and you even swindled 560 billion yuan in cash from them. Aren't you satisfied? You want to compete with me for this little bit of interest?"
Fifth Master was furious.
This bastard has been talking about money non-stop since he came in.
"What do you mean by 'scamming 560 billion'? I spent over 300 billion to buy back their shares."
Meng Chuan said irritably.
"Didn't they still make over 200 billion?"
Fifth Master shouted.
Who would complain about having too much money?
Meng Chuan was a little embarrassed, but still muttered something.
Fifth Master didn't respond, but stared intently at Meng Chuan.
Meng Chuan felt a chill run down his spine.
"Fifth Master, let's get this straight first. You don't have to pay the interest, but I don't have homosexual tendencies, so don't even think about trying to take advantage of me."
Meng Chuan looked at Fifth Master with some nervousness.
Being stared at like that by an old man, it would be a lie to say Meng Chuan wasn't nervous.
"What the hell are you talking about? I... I'll beat you to death."
Fifth Master immediately lost his composure.
She hurled the Buddhist prayer beads at Meng Chuan.
I don't know what's wrong with me lately.
He couldn't control his temper at all when he was with Meng Chuan.
"Amitabha Buddha, please don't be disrespectful to the Buddha. I was wrong, I was wrong, okay?"
Meng Chuan quickly dodged and picked up the Buddhist beads, giving them to Fifth Master.
Meng Chuan could indulge himself, but he dared not be reckless.
If Fifth Master really wanted to beat him here, he would be in deep trouble.
"Tell me the truth, are you really going to fight those foreign capitals to the death?"
Fifth Master took several deep breaths before asking solemnly.
"Huh? Fifth Master, what did you say? I don't understand."
Meng Chuan looked at Fifth Master with suspicion.
But in reality, Meng Chuan was already utterly shocked.
Fifth Master already knows about this?
Just who is this old guy?
Meng Chuan seriously suspected that the old man might even know what kind of underwear he was wearing.
"Don't play dumb with me. Let me tell you, those foreign capitals, if they unite, even the whole country might not be able to resist them. You're just like a mantis trying to stop a chariot."
Fifth Master warned sternly.
In fact, based on Fifth Master's understanding of Meng Chuan, Meng Chuan has always been very generous.
For example, Meng Chuan once spent 10 billion yuan on Liu Qian.
At that time, Meng Chuan and Liu Qian were just ordinary teacher and student.
Even in Meng Chuan's investments in Pinduoduo and Douyin.
Meng Chuan also displayed great magnanimity.
Absolutely not that petty or calculating with money.
It's fair to say that with Meng Chuan's current wealth, he couldn't spend it all in ten lifetimes, or even a hundred.
Therefore, Fifth Master was very curious about what made Meng Chuan become richer and richer, yet also more and more fond of money.
It was only after this period of investigation that Fifth Master found out.
This kid actually wants to save the day from collapse all by himself.
"I know, but some things just have to be done by someone."
Meng Chuan remained silent for a while before speaking:
"If I didn't know, that would be fine, but now that I do know, I can't just do nothing."
The stock market crash of 2015 was far more devastating than the financial crisis of 08.
Foreign exchange reserves decreased by $0.51 trillion.
That's equivalent to more than 3 trillion RMB.
Meanwhile, the market capitalization of China's domestic stock market has shrunk from 70 trillion yuan to 20 trillion yuan.
A staggering 50 trillion has evaporated.
Those foreign investors made a fortune.
Domestically, however, the economy is in a state of depression, having regressed for at least several years.
Countless families were torn apart and people were killed.
This economic disaster is not just a loss for stock market investors.
The hidden dangers and debts left behind will have to be paid for by the whole society.
"But do you know that if you fail, you will also become one of the many leeks to be harvested?"
Fifth Master said, enunciating each word clearly.
"What's there to be afraid of? I already have nothing, so at worst, I can start all over again..."
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