Chapter 1519: Chapter 1504: The Stricken Zhou Family
The reason these were negotiated by Song Yun and Liu Tianbao together is because this profitable thod is inseparable from the support of Wen Changlin.
When stock prices hit rock bottom, and everyone was contemplating how many of Liu Tianbao’s companies would go bankrupt and started selling their stocks, an exhilarating piece of news ca through.
This news first circulated within the Wen Comrce Association.
Wen Changlin, a lifeti honorary mber of the Wen Comrce Association, would assu the role of the next Wen Comrce Chairman, while Mr. Wang, originally close to Liu Tianbao, beca the Vice Chairman.
The appointnt of Mr. Wang as Vice Chairman did not attract much attention, but the news of Wen Changlin becoming the Chairman greatly excited everyone.
Why?
Wen Changlin is the ultimate real estate tycoon in the entire Shen Zhou Real Estate Industry, with assets worth several tens of billions, making him an even greater billionaire than Liu Tianbao. Most importantly, Wen Changlin’s father is one of the current Red Wall Political Consultative Conference’s nine mbers. With all these factors, as long as Wen Changlin can lead the Wen Comrce Association well, everyone would inevitably profit together.
Thus, under the encouragent of Song Yun, or perhaps his own will, practically everyone agreed and supported Wen Changlin’s appointnt as the Chairman of the Wen Comrce Association.
Even Mr. Wang, who was originally promised the Chairman position by Song Yun, voiced no opposition, because compared to Wen Changlin, he was simply a child.
Many pinned their hopes on Wen Changlin leading the overall developnt of the Wen Comrce Association, at the very least, helping them out of the current predicant. In the past half month, because of Lin Rong, Liu Tianbao, and Old Zhou, three mbers close to the Zhou Family within the Wen Comrce Association, almost all the businessn of the Wen Comrce Association suffered so degree of loss, and these losses were not recoverable in a short period. However, with Wen Changlin’s leadership, the businessn could erge from Asia and step onto the world stage.
This news imdiately reflected in the stock market that day.
On that day, the Shenzhen Component Index and the Shanghai Composite Index soared under the leadership of a few leading stocks. The Shenzhen Component Index ultimately rose by over two percent, while the Shanghai Composite Index surged by over seven percent, setting a record for the highest increase in recent years. More than 20 stocks hit their upper circuits, with only a handful of stocks showing a decline.
Amidst the soaring market, Song Yun’s investnt of tens of billions in the stock market quickly earned him billions.
This news was wholly confird the next day and was announced to the entire society, causing another wave of increases in the entire story.
In just a few days, the stock market had recovered to the level from half a month ago, with Song Yun’s profit exceeding forty percent during this period.
That is truly terrifying.
A profit exceeding forty percent in about a week’s ti ans that if the investnt was two billion, then eight hundred million was earned.
Stock prices continued to climb, but Zhao Yan arranged for Song Yun’s funds to slowly exit the stock market with the spoils of this ti.
Shen Zhou’s stock market is always full of turmoil. Zhao Yan, for the sake of caution, pre-emptively exited, possibly earning less, but it is the most prudent thod.
Song Yun had no objections to this.
During these days, Liu Tianbao and Old Zhou had already been taken to Yanjing for related questioning, and during this, so of the Zhou Family’s illegal activities were revealed by the two.
The Red Wall regi was furious because of this.
Your family keeps causing trouble. The Red Wall regi, considering your family’s contributions during the founding of the country and your family’s prominent status, has let things slide before. However, there are certain things, once committed, that must co with a price—selling the country and engaging in acts that destroy future generations.
Selling the country is understood as selling national secrets to foreigners, engaging in activities endangering national security. This is betrayal, and selling poison is fundantally detrintal to a country. If everyone in a country indulges in this, it would end up like the Qing Dynasty, leading to total downfall.
This substance can cause chaos in a country and even the world.
Imdiately, several orders were issued from the Red Wall regi.
First, Zhou Zhongguo, a backbone figure in the Ministry of Public Security, was transferred to the Red Wall Political Consultative Conference, becoming a figure with virtually no real power.
This was the ultimate blow to the Zhou Family because Zhou Zhongguo can be considered the Zhou Family’s most shining star. This star even had the opportunity to enter the Red Wall’s nine-mber circle. Although it was extrely difficult, the future was bright. Such a person being transferred to the Red Wall Political Consultative Conference due to this incident was sothing Mr. Zhou could not accept, leading him to approach the big figures, only to find no one was willing to et him. Directive One said, "Your Zhou Family was involved in transport and sale, and your Departnt of Public Security’s backbone Zhou Zhongguo didn’t know about it. This is a grave dereliction of duty. If known and not arrested, it’s a severe case of favoritism and bending the law. Either is enough to justify the reassignnt of Zhou Zhongguo."
Hearing this from the big figures silenced the Zhou Family, and at this mont, the Song Family, which was under attack and looking sowhat grim, received a breathing space.
Mr. Song directly approached Directive One, exerting imnse pressure on him, essentially arguing that the Zhou Family is shaking the very foundations of the state, which must be firmly resisted.
Directive One didn’t really care about Mr. Song’s pressure, but Mr. Song’s claims were factual. Therefore, after Zhou Zhongguo’s reassignnt, the Zhou Family faced institutional suppression in other aspects as well.
Firstly, their legitimate businesses, so originally tax-exempt or the like, were now subject to a directive requiring them to pay an additional few billion in taxes annually.
Additionally, with so illegitimate operations, the Red Wall regi issued strict orders for investigation. The entire Zhou Family, after nearly absorbing the Zhao Family, suffered its most severe blow.
This blow even reduced the Zhou Family’s power to only fifty percent of its peak period.
That is exceptionally astonishing.
At its peak, the Zhou Family had just swallowed the Zhao Family, and now, in just a few days, they had been suppressed by the Red Wall regi to half of its power. This undoubtedly proves that the Red Wall regi remains the most powerful leader of the entire Shen Zhou, and any individual or organization attempting to confront the Red Wall regi has just one word to face—death; no need to say it twice.
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