Reborn in 2014: A One-Man Tycoon

Chapter 426 Liu Fu's Worries

Two days passed in the blink of an eye.

Meng Chuan didn't care how thoroughly Huang would investigate after he returned.

Because the "enemies" in China are nothing more than clowns to Meng Chuan.

The real "wolves" are all overseas.

Once the "wolves" from abroad are eliminated, the clowns in the country won't be able to keep up their antics for long.

As expected, when the market opened on Monday, the Liu Group's stock price once again approached the daily limit down.

The stock price has now fallen to 40 yuan per share.

If it drops another 1%, it will hit the bottom and hit the daily limit down.

At 40 yuan per share, this is already the normal price for the Liu Group.

However, with the short selling by the three major capital giants, Morgan Stanley, Goldman Sachs, and Citadel, the situation has changed.

The market panic simply cannot be stopped.

Whether it's retail investors or institutions, they're all dumping shares like crazy.

"That's about enough, we can get started now."

Meng Chuan stood in front of the twenty electronic screens and said in a deep voice.

The whaling operation was immediately ordered to begin.

Because once the price hits its daily limit down, the three major capital giants will likely cash out and leave the market.

As more than 30 accounts began accumulating shares, the Liu Group's stock price was locked at the 40 yuan mark.

Just then, Liu Dong's video call came through:

"Brother-in-law, brother-in-law, it's all over, it's all over! If you don't save me, I'm really going to jump off the building."

Liu Dong's hair was all messy at this moment.

He sat in his office, no longer displaying the same high spirits he had a few days ago.

Because he simply had no way to stop the stock price from falling.

If things continue like this, the loss of his wealth is a minor matter.

The Liu Group is going bankrupt, and the land in the provincial capital can no longer be developed.

"What's the panic? The sky isn't going to fall."

Meng Chuan said irritably.

As they were talking, Liu Fu suddenly snatched Liu Dong's phone and said to Meng Chuan:

"Meng Chuan, it's me."

Liu Fu also looked worried at this moment.

"Uncle, what brings you to the provincial capital?"

Meng Chuan quickly corrected his attitude.

Liu Fu is currently primarily responsible for the retail business of the Liu Group.

He has been expanding the market recently, preparing to open supermarkets of the Liu Group throughout the province and even the whole country.

As for the Liu Group's real estate business, he has now almost completely relinquished control.

But after such a major incident, he lost all interest in expanding into the supermarket market.

"I have no choice but to come! Meng Chuan, tell your uncle the truth, is there really... no other way this time?"

Liu Fu asked with a wry smile, not as panicked as Liu Dong.

However, it's not hard to tell from his expression that he has already prepared himself for the worst.

"Uncle, don't worry, with me here, the Liu Group won't have any major problems."

Meng Chuan didn't dare to keep them in suspense any longer.

Meng Chuan did indeed intend to tease Liu Dong before.

However, Meng Chuan was determined to tell the truth to his future father-in-law.

"Haha, with you saying that, your uncle can rest assured."

Liu Fu visibly breathed a sigh of relief.

He might not believe anyone.

But he has always had great confidence in Meng Chuan.

“Uncle, since you’re at the company, that’s perfect. Immediately have someone draft the announcement of the upcoming merger between the Liu Group and Shang’an Real Estate. And hold a press conference.”

Meng Chuan confessed.

"A merger with Shang'an Real Estate?"

Liu Fu was taken aback, as his Liu Group and Shang'an Real Estate had always been at odds.

Even Meng Chuan has completely offended the Shen family.

Is Shang'an Real Estate really willing to merge with Liu's Group?

After the merger, will the Liu Group or Shang'an Real Estate take the lead?

“Uncle, you don’t need to worry. Shang’an Real Estate is mine now. Merging them is just a matter of transferring assets from one hand to the other.”

Meng Chuan knew what Liu Fu was worried about and explained.

"What? Shang'an Real Estate is yours now?"

Liu Fu was shocked.

That's a real estate company with a market value of over 100 million!

Meng Chuan managed to acquire the entire Shang'an Real Estate project without anyone noticing?

No wonder Meng Chuan wasn't worried at all; he had such a backup plan!

Thinking about this, Liu Fu couldn't help but get excited.

If Shang'an Real Estate really does merge with Liu's Group.

It's easy to imagine that the stock price would skyrocket.

Because in the eyes of many of its peers, the Liu Group is simply a nouveau riche group.

Aside from having some money, he lacks skills and experience, making him a newcomer to the industry.

If a long-established real estate company like Shang'an Real Estate were to merge with it.

The Liu Group now has money, technology, experience, and even a more complete team.

What reason could the Liu Group possibly have not for its stock price to rise?

"Okay, haha, I knew I hadn't misjudged you, Meng Chuan. Your uncle won't thank you. Let's arrange to meet up sometime and go back together to have a meal with Qian'er!"

Liu Fu finally felt relieved.

Moreover, the more he looked at Meng Chuan, the more satisfied he became.

Ye Yue felt incredibly proud of herself for having risked her reputation to bring Meng Chuan and her daughter together.

Where on earth can you find such a good son-in-law?

Meng Chuan naturally agreed.

After ending the call, Meng Chuan immediately called Shen Yue.

They agreed that Shen Yue would announce the merger details before the market opened in the afternoon.

One morning was enough for Meng Chuan to accumulate shares.

As time went on, Meng Chuan used more than thirty accounts to accumulate funds together.

Originally, the Liu Group had only issued 3 million shares in circulation.

However, Meng Chuan continued to accumulate shares and then actively lent them to the three major capital firms, allowing them to continue shorting.

Then Meng Chuan bought it back and continued to lend it to the three major capital firms.

Just like how Meng Chuan dealt with Canon and Nikon back then.

This repeated borrowing has the same effect as leveraging.

Soon, Meng Chuan had lent more than one billion shares to the three major capital firms.

If they want to repay now, they need to return one billion shares to Meng Chuan.

The three major capital groups are still vying with Meng Chuan.

No matter how the three major capital groups short the stock, Meng Chuan has ample funds to accumulate shares at a price of 40 yuan.

The Liu Group's stock price remained unchanged at 40 yuan per share.

"Damn private capital, I suspect this is not private capital at all, it's the national team shamelessly opposing us."

At Goldman Sachs headquarters, Thomson roared angrily.

In front of Thomson were Stephen, the head of Morgan, and David, the head of Castle Investments (Stowe).

It was just 1% away from hitting the daily limit down.

The agreed-upon return price with the brokerage firm is right around the corner.

Once the stock hits its daily limit down, they can buy it back at an even lower price and return it.

The plan was thus perfectly accomplished.

However, that 1% is like an insurmountable chasm, impossible to cross.

"I don't believe any private capital has such strong financial strength. But we shouldn't rush things; this will actually allow us to borrow more."

David exclaimed excitedly.

Sidu suffered heavy losses recently, and he desperately wants to recoup some of them this time.

"Yes! We still have the advantage. If we still can't win this afternoon, we'll announce the facts internationally."

Morgan's Stephen sneered:

"At that time, all international capital will completely lose confidence in the market. We won't even need to do anything; their own domestic capital will panic and flee in a frenzy."

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