My name is Zeng Jing, the son-in-law of a wealthy family, but I have time powers

Chapter 206 The tragic Qu family father and daughter

The stock price keeps hitting new lows, and no one is buying it.

The trader himself is playing backwards.

If you use the left hand instead of the right hand, you will still lose handling fees.

However, the investment company has signed a cooperation agreement with the securities firm, and the handling fee is negligible.

Quhuicheng couldn't sit still.

CITIC Securities called.

The pledged stocks are facing liquidation. If the stock price continues to fall, the securities company will choose to close the position.

Once the pledged stocks are liquidated, the consequences are unimaginable.

Because the pledger will sell the shares in the secondary market to repay the debt.

The pledged party will be miserable. The stock is gone, the money is gone, and even debts are still owed.

Huashang Group Office.

"Secretary Gong, how much money is left in the company account?"

"Mr. Qu, we have no money. Ping An Bank still has an overdue loan of [-] million yuan and is urging us to pay it back."

"Let's put it off for a while, and then I'll talk to the State-owned Assets Supervision and Administration Commission."

"The State-owned Assets Supervision and Administration Commission has transferred the shares to a Hong Kong investment company and is reporting it to the group company for processing in the past two days."

"Why didn't anyone tell me?"

"Mr. Qu, you have been to Hubei in the past two days and you didn't answer the phone."

Qu Huicheng slapped his forehead and was confused. He went to Hubei to see his daughter in the past two days and rarely answered the phone.

Despite all his efforts, his daughter could not escape jail.

My daughter was sentenced to one year in prison. If I think of a way, I might be able to get it out in advance.

One year is really cheap for her. I don’t know how the court sentenced it?

A doctor friend suggested forging a psychiatric certificate.

Qu Fanghua was said to have had violent tendencies since childhood and was suffering from intermittent mental disorder.

Although she was suspected of breaking the law, Quhuicheng only had this daughter, and she couldn't bear to see her daughter suffer in the cell.

Before the plan was implemented, I received a call from the secretary.

The company is at stake, and a single oversight could lead to ruin.

Qu Huicheng used more than one billion of his private money to support his business, but Zeng Jing would not give him a chance and kept selling all the stocks he had.

One billion only lasted two days.

Securities companies closed positions immediately.

If no one takes over, we can only keep smashing down.

There will be thunderstorms when loans are overdue, there will be thunderstorms when debts are insolvent, and major shareholders' pledges will blow up their positions.

The stocks of listed companies were stung, and the day after the risk warning was issued, the China Securities Regulatory Commission began to investigate.

The stock price has been falling to the limit, and millions of orders have been closed.

Investigations revealed that a Hong Kong company sold all its shares.

The qualitative purpose of manipulating stock prices is to make profits.

But they sold it at a loss.

There is freedom of buying and selling, and the China Securities Regulatory Commission has nothing to say.

Moreover, they have already released information on reduction of holdings, which is reasonable and legal.

All assets in Quhuicheng were frozen, consumption was restricted, and travel abroad was prohibited.

After everything is liquidated, there will definitely be nothing left in Quhuicheng.

The Sujiang Provincial Government came forward and hoped to reorganize the Huashang Group.

Even if it is reorganized, it has nothing to do with Quhuicheng.

More than 300 million stocks on the lower limit were swept away by Zhenxin Investment Company at one time.

At this time, the market value of Huashang Group was less than 50 billion.

Traders swept more than a billion dollars in one day.

Then the investment company continued to buy stocks in the secondary market while negotiating restructuring with the government.

After the negotiation was completed, Huashang Group enjoyed many policies.

For example, a three-year interest-free loan.

The Huashang Group will be exempted from taxes for two years.

Enjoy [-] million government subsidies.

There are other supportive policies. The Sujiang Provincial Government does not want to see the Huashang Group collapse.

Zhenxin Investment acquired 60.00% of the shares, and Zeng Jing became the actual controller.

Billions of billions are really not much to Zeng Jing.

Today his wealth is RMB 310 billion.

The top ten richest men in China are ranked No.3.

Giants such as Tencent, Alibaba, JD.com, and Dou Sheng all have shares in investment companies.

In the U.S. stock market, behemoths such as Microsoft, Apple, and Tesla also have shares in investment companies.

I have been buying and selling over the years, and my assets have doubled.