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Chapter 530

~9 min read 1,624 words

Mai Lihao and Shen Bi were dumbfounded by Yang Qing's question.

Because Yang Qing pointed out what they feared most.

That is, once Harmony grows, New Wall will definitely not be as obedient as it is now.

Just like Bao Degang did after gaining controlling stake, he immediately turned hostile.

Then how can we guarantee that New Wall won't go back on its word?

In the face of benefit, everything turns pale.

Shen Bi glanced at Mai Lihao, who shook his head.

We cannot let Yang Qing gain Harmony again; Harmony now has tens of thousands of employees.

Letting the Yang clan take Harmony again would only make Yang Qing's power stronger.

So the second option is impossible, but the first option would also cause Harmony to lose control and not serve their two interests.

In Shen Bi's view, as long as Harmony Foreign Firm is sold and liquidated, HSBC can recover the loan and sell off its Harmony shares at a high price, realizing profit.

Moreover, compared to other Chinese merchants, Yang Qing's large size makes him more suitable to acquire Harmony.

With Yang Qing stirring things up, others have now lost the qualification to compete for Harmony Foreign Firm.

After the two left.

Yang Qing smiled.

He could tell from the microexpressions. Shen Bi and Mai Lihao are not on good terms.

Or rather, HSBC is not the governor's puppet; they also have their own demands.

After Mai Lihao and Shen Bi left, Lin Cong, Hu Lianxi, and Tian Guoliang all came out.

Hu Lianxi organized her thoughts.

"Director Yang, it's obvious the Hong Fu government doesn't want our Yang clan to keep expanding."

"While Shen Bi wants to quickly liquidate his assets, so he doesn't hesitate to give large loans to other Chinese merchants."

"But with a funding amount of five billion, HSBC definitely won't provide it, and he also fears these companies would become insolvent, letting them fall into HSBC's hands as bad debt."

"We might as well seize their conflict to push this acquisition through."

Lin Cong calculated the asset situation.

"If someone is now willing to sell their shares, we can easily obtain controlling stake."

"Those Chinese merchants and New Wall are in cahoots, monopolizing the stock market."

"We can start from this angle to look for opportunities."

Tian Guoli took up the conversation.

"These people cannot be of one mind; to break it is also quite simple."

"We just need to sell off the shares we hold."

"When interests are harmed, even the strongest fortress will be breached from within."

"So, Director Yang, we might as well give it a try."

"If it succeeds, all the better; if not, we still count it as completing a high‑position cash‑out—why not?"

"Moreover, I doubt they have enough funds to support buying our shares at the current price."

Tian Guoliang's words struck Yang Qing's heart; I never thought that Tian Guoliang, who had always been known for being conservative, would also steal chickens.

Lin Cong immediately agreed with Tian Guoliang's opinion.

"Director Yang, General Manager Tian's plan is excellent; I think we should try it."

Hu Lianxi also said with a smile.

"Then I need to prepare follow‑up work, in advance persuade some people we can win over when the stock price crashes, to sell their shares to us."

Yang Qing burst out laughing.

Having money sometimes means one can do as one pleases.

And the more one tosses and turns, the more money one makes.

Just like this acquisition battle, it has let him earn basins full of money, and soon he will need to scrape together another wave.

Victory means getting the company he wants; defeat means he still gets money.

He always profits, never loses.

During the time when Mai Lihao and Shen Bi went back to discuss countermeasures with New Wall.

Harmony's shares began to flow into the market, increasing market liquidity.

Lin Cong, with great fanfare, led people to rush in.

Henry did not yield, also bringing his little companions, frantically grabbing shares.

The share‑grabbing battle was about to erupt; a group of Chinese merchants followed behind Hēnglì Kǎisèkè, following to buy Harmony's shares.

After several days, Li Changjiang sensed something was off.

Because according to their estimates, there shouldn't be so many chips in the market.

The 10 billion earned from Baodegang's hands has already hit bottom, but Harmony's liquidity has not yet been exhausted.

He thought of something, and he looked toward Lin Cong.

Lin Cong was still in the hustle of grabbing, but the smile on his face could not be concealed.

Li Changjiang stopped Henry, his face grim as he asked.

"How much money do we all still have?"

Henry, his face froze, still not reacting.

But the smart ones have already figured something out.

"It's over, Xuanwu Investment Bank is going to short Harmony."

Quick, sell off, first recover some funds.

Lin Cong had been waiting for them, seeing they wanted to sell stocks.

Lin Cong brought people and began massively selling Harmony shares.

Harmony's market value started dropping quickly from 12.6 billion toward 10 billion.

This isn't over yet, because for a long time the trading of Harmony's stock has been dominated by Xuanwu Investment Bank and Harmony itself.

Now suddenly, long positions turned short, short positions exploded.

The share price kept sliding; seeing this performance, who would dare buy even if looking for a bargain?

And Henry's group now has almost exhausted their funds, unable to hold out.

Quick, go tell Tai-pan Newbuck we need funds.

Lin Cong is determined to smash the market, giving them no time to react.

In one afternoon, Harmony's market value fell again from 10 billion to 6.6 billion.

Across several exchanges, only sell orders were posted, with no trades.

Harmony's shares plummeted without end.

That night, many of Harmony's partners, holding the olive branches handed to them by Hu Lianxi, sneaked into Harmony Record Big Building.

They wanted to cut losses to survive; many had taken loans to help Yinglian people cash out, but they ended up buying at a high price.

After Xuanwu Investment Bank's maneuver, they instantly suffered huge losses.

If they surrender now, they could still lose only half, but fear Lin Cong won't relent and will drive Harmony back to its original state.

With funds exhausted and only a pile of stocks left, they have no strength to fight back.

As for continuing to hold Harmony?

Now everyone's funds are nearly exhausted, many still borrowed; how can we rescue the market?

In a few years, they will have no chance.

As for handing the stocks to one person to complete the acquisition early.

See if the Yinglian people agree?

What they want is to cash out at a high price, not to sell cheaply at today's value.

Moreover, at the current market value, does anyone even have the ability to buy?

Even Shen Bi's own son Li Changjiang has collapsed; who still has this capability?

Look to the Huo family? He family?

Or the eager-to-flee Swire? Or the tight-fisted Taikoo due to buying planes?

So now they'd best surrender quickly to the Yang Family; at least here they could sell to the Yang Family at today's price with a 30% premium.

After tomorrow, the price will likely be even lower.

Hu Lianxi watched as people came one by one, secretly rushing over to sell stocks, smiling so wide he couldn't close his mouth.

"Step back and the sea and sky widen" still makes sense.

He even saw some Yinglian people, bundled up tightly, coming to sell stocks.

Lin Cong had prepared thoroughly, rarely letting people meet; coming out the front door, he'd make you exit the back.

The service was very thorough.

In one night, Xuanwu Investment Bank reclaimed many shares.

And Mai Lihao, Shen Bi, and Newbuck were still cursing Yang Qing for his lack of credibility.

"Pull a sneak attack—you can't afford to play that."

"This is too much; I've never let anyone mess with me like this."

"Isn't it just selling to you? I agreed, yet it's still not enough—why are you doing this?"

Shen Bi also regretted; had he known, he would have sold HSBC's Harmony shares.

He shouldn't have been wrangling with Mai Lihao here.

Having lost big, his gaze toward Mai Lihao changed.

Newbuck went stiff all over.

Because he knew it was over.

Harmony's crash dealt a heavy blow to the Gangdao stock market, which had just begun to warm up.

The enthusiasm of investors came to an abrupt halt.

And they had exhausted Harmony's ammunition and supplies.

How should this end?

He looked at Shen Bi and pleaded.

"Lend us another 1 billion—no, 800 million will do."

"We only need 800 million, and I can stabilize Harmony."

Shen Bi's face twitched; 800 million—don't you know that after losing Kowloon Warehouse and Land, Harmony is already insolvent at today's share price?

Still wanting 800 million.

Unless you can truly use this money to stabilize the share price—but is that possible?

I fear Yang Qing, seeing you rescue the market, will just sell all his shares to you.

You've exhausted your funds, guarding a pile of stocks.

As a result, the company's operating funds are gone.

And the white knight prepared for them, Li Changjiang, now also has exhausted funds.

Surely we can't keep asking HSBC for more loans, can we?

The hole inside is too big; Harmony is already insolvent; if HSBC lends money to Li Chang Jiang again, it will become HSBC spending its own money to buy back a pile of junk.

If Li Chang Jiang walks away, HSBC will end up being the one who has to take over.

He wants to cash out, not to take over.

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End of Chapter

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