Chapter 1492: Chapter 1485: Beautiful Ladies and Scenery (Part 7)
The stock market in New York opened again, and when Hanhai began trading, because of the steep decline from the day before, it managed to slightly rally, but very soon, in less than half an hour, it plumted again in a straight line.
This ti, the fall was fiercer and deeper. After ergency asures were taken, the number stopped at twenty percent.
Over just two days, Hanhai’s market value dropped by more than twenty percent, amounting to over ten billion in losses, vanishing within these two days. anwhile, this also sparked dostic turmoil and distrust in China-based companies in the Arican stock market, prompting a thorough investigation into a group of these firms listed in the US. Any minor issue could lead to another wave of financial disturbance.
Although Hanhai did commit so financial fabrication, the amount wasn’t substantial, and while it might cause investor dissatisfaction and a fall in the market, it shouldn’t have fallen to this extent.
Qin Zhiyou, no matter how quick his response, could not reverse the situation within a day. Moreover, with Lu Weixi’s matters also involving him, even with all his courage, he felt a sense of alienation.
But he could not fall, nor could he admit to being tired, he couldn’t even rest for a mont or close his eyes. Lu Weixi’s life depended solely on him, and the reforms and changes in Hanhai were also initiated by him, aning he must persevere!
The police were still investigating, Lu Weixi was clueless, and at the company, due to the low starting prices, there were a few plots of land auctioned off, finally receiving so buying interest. His grandpa was still diating, waiting for news. Outside, in the financial news, he strict controlled the tone of various financial comntators, not allowing his rivals to think Hanhai was on its deathbed, free for all to take a share before things improved.
But as he struggled, others did not let him off.
Aside from Zhao Zihao still waiting at the opposing hotel, a few more debt-collectors arrived. This ti, it was mbers from the second and third branch families.
Secretary Wang might be able to drive Zhao Zihao away, but facing Qin Weijian and Qin Weijia wasn’t so easy. Qin Weijian had once briefly fallen silent during the rise of the third family when facing the arrogant Qin Weijia. But after Qin Weijia was severely humiliated by Qin Zhiyou, knowing she alone, along with Bai Family, couldn’t topple Qin Zhiyou, she pulled in Qin Weijian for help.
No matter how frustrated Qin Weijian was with his sister, she was his full sister, far better than his half-brother from the senior branch. Together, they pretended to be trapped by Qin Zhiyou while secretly setting him up. This ti, the loss Hanhai faced was due to their falsified accounts detonating. But at this ti, Qin Weijian and Qin Weijia even had the audacity to knock on his door, demanding an explanation from Qin Zhiyou!
These two, including Bai Changyou behind them, also made a fortune short-selling Hanhai shares. Now that Hanhai shares were up for sale, he also wanted his share of the spoils. There were also Qin Zhizha, Qin Zhii, Cai Yiren, and the old confidants who had been ousted by Qin Zhiyou during the great purge at Hanhai, all showing off their might.
Right from the start, Qin Weijia spoke up: “Qin Zhiyou, you have truly disappointed us. You were handed the company, and yet you caused such a huge ss. We’ve suffered massive losses, what will you compensate us with? If you’re not capable, then step aside early!”
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