Chapter 1469: Chapter 1462: Turbulence Begins (8)
If it weren’t for Lu Weixi’s departure making Cai Yiren incapable of leading, Bai Changyou would never have cultivated her.
After thinking for a while, she finally spoke: “In fact, Hanhai is not a concept stock; the loss won’t be too significant. After all, it’s engaged in the real economy. Although the stock price will fall, Hanhai’s main developnt direction is dostic. As long as there is no chaos on the dostic front, and the overseas stocks don’t plumt too miserably, there is still a chance to turn things around. As for the real estate industry, the focus is on the capital chain. Now, which real estate company isn’t highly leveraged? As long as the capital flow is uninterrupted, we can continuously launch projects, carry out construction, and make money from money. However, listing overseas, although it can raise more funds, if sothing goes wrong, we indeed are too far to manage it effectively. If possible, should we consider moving to the Hong Kong stock market, or so other place in the future? Otherwise, once there is a trade friction, foreign investors and financial tycoons, reluctant to touch dostic capital, will target overseas companies first.”
Qin Zhiyou did not speak, but Fang Rushuang’s words really struck a chord with him. Hanhai’s listing in Arica was vigorously promoted by Qin Weijian and Qin Weijia back in the day. Now, it seems indeed sowhat inappropriate. If this crisis is smoothly overco, he could indeed consider the plan to delist in Arica and list dostically.
After Fang Rushuang left, Secretary Wang connected him to an internal call; it was a phone call from Grandfather Qin. Since Qin Zhiyou took charge of Hanhai, knowing that his grandfather’s health was not good, he rarely bothered him unless it was a major decision. But this ti, he had to apologize: “Grandfather, I’m sorry. The last ti at the Lu Family, I casually promised to revitalize Hanhai. But now, such a thing has happened, failing to et your expectations.”
He really felt embarrassed; his vow was still fresh in his ears, yet he had made such a big ss in no ti. He didn’t pin all the bla on his uncle and aunt, just assud that in his five years at the helm of Hanhai, he couldn’t see through this muddle. Now, he was responsible for the situation.
Grandfather Qin also knew about the situation from the earlier phone call and was silent for a while. He was certainly angry about such a big issue, but Qin Zhiyou’s attitude of not shirking responsibility gave him so comfort.
Let alone Qin Zhiyou, even he himself did not expect that his good sons and daughters would completely disregard the company’s interests. It was bad enough they previously cooked the books, but now they intentionally burst the bubble just to discredit him.
“I understand.” Being a wise and experienced old man who usually stayed out of affairs, but has seen all kinds of storms, he instead asked Qin Zhiyou: “So what do you plan to do?”
Qin Zhiyou shared his series of asures with him, emphasizing: “The stock price is certain to fall. Even if my uncle, aunt, and other competitors do not make a move, the short sellers and investors there won’t miss this opportunity. I can only try to maintain stability on the dostic front, but I am not sure if the banks and credit institutions will lose confidence in us…”
“It’s already very good that you can stabilize the situation. As for the banks and investors… I will try to see if I can pull so strings, at least pull through this period,” he responded.
“I’m sorry.” Qin Zhiyou truly felt shaful. Having bragged big, in the end, he still needed his grandfather’s help.
“Wait until after this is over to apologize, but not to , to your shareholders,” he said.
Reviews
All reviews (0)