"He did say that all transactions would be completed by the end of the year." Luo Kangrui nodded, "But so far, as far as I know, Baishun Group has not paid this money."

In October last year, Jianing Group announced that Baishun Group would acquire Kinmen Building for HK$1.69 billion and would close the transaction by the end of 1979.

Now 1979 has passed, 1980 has arrived, and the transaction deadline has passed, but Luo Kangrui knows that Baishun Group has not paid the money.

Although the company's capital flow is a commercial secret, there is no way to investigate it. After all, this is 1.69 billion Hong Kong dollars. If Baishun Group wants to use such a large amount of money, it is impossible for it to rely on its own strength. It is necessary to borrow from banks or other consortiums.

So far, Baishun Group has not taken any action, and it is obviously not paying the money. Or even if someone pays, the payer is definitely not Baishun Group.

"Has Jianing Group made an explanation to the outside world?" Ye Jin asked again.

"Of course not." Luo Kangrui said firmly, "However, it still took out 300 million Hong Kong dollars as dividends, which also stimulated its stock price to rise sharply. Now its market value has reached 4.2 billion Hong Kong dollars."

"Okay, I took out 300 million Hong Kong dollars in dividends, but the market value increased by 600 million. It's really easy to calculate." Ye Jin said with a smile.

Previously, Jianing's market value was 3.6 billion Hong Kong dollars, and she took out 300 million as dividends, and the market value rose to 4.2 billion Hong Kong dollars. She spent 300 million to make 600 million yuan. This business is really good.

"Yes." Luo Kangrui nodded in agreement. Chen Songqing was really unmatched in terms of boldness and arrogance. "But his grasp of people's hearts is really subtle. Now all local companies in Xiangjiang are following him, speculating on commercial buildings, and making the prices of these buildings soar.

The media are also busy reporting on the new building kings, while the people danced with the media's baton. The real estate market hotspot of Jianing's sale of Kinmen Building, no one paid attention to it. So even if the transaction is not completed, Jianing Group has already benefited a lot."

"Yes, he is so smart." Ye Jin also said admiringly.

From beginning to end, Chen Songqing only used 1.1 billion Hong Kong dollars, most of which were loans. However, his empty-handedness created a large consortium with a market value of 4.2 billion Hong Kong dollars.

You should know that He Huang has been operating since the 19th century, and has a market value of only HK$6.2 billion in nearly a hundred years. Chen Songqing only took two years to establish a commercial empire of HK$4.2 billion. It has to be said that it is really amazing.

"Mr. Ye, what should we do now?" Luo Kangrui asked.

"Collect information about Chen Songqing and the senior management of Fumin Finance Company, find out whether the holders of the Kinmen Building property have changed, and find out the debt status of Jianing Group." Ye Jin reminded Luo Kangrui, "Wait until the time comes, and then the entire Xiangjiang Real Estate will be detonated and collapsed."

The hot scene of speculation and selling at Xiangjiang Commercial Building is actually based on false transactions at Kinmen Building. Once this lie is triggered, the prices of commercial buildings will collapse, and then the civilian residential market will be destroyed.

The stock market in Xiangjiang is now too hot. A company that has been established for only two years has released a few fake news and its market value has surged to HK$4.2 billion. This is no different from the stock market crash in 1973.

The reason why the stock market crash in 1973 was triggered was related to the counterfeit stock case of Hehe Real Estate. At that time, Hehe Real Estate's stock was really popular, and the stock with a face value of two yuan was actually speculated to 30 yuan. Therefore, it was targeted by the fake group and created a large number of fake Hehe Real Estate stocks.

These fake stocks were discovered after they were circulated and listed. Once the news was disclosed, it immediately caused panic among investors.

Because they are worried that there are more than one fake stock on the market and cannot tell the authenticity of the stocks in their hands, investors have to choose to sell their stocks in order to avoid losses.

Under a panic selling, the Xiangjiang stock market collapsed. It fell from the highest point of 1,700 points to 494 points, and the market value of tens of billions of dollars turned into gray.

Jianing Group is also a scam. Once this lie is exposed, the Xiangjiang stock market will definitely collapse. At that time, the stock market and housing market will fall together, and the Xiangjiang economy will usher in a new round of adjustments.

"Oh my God, then do we still want to do this?" Luo Kangrui said in surprise when he heard this.

He originally thought that he would only deal with a liar, Chen Songqing. Now he saw that he would destroy the entire Xiangjiang economy, which made him scared.

"No matter whether we do this or not, the Xiangjiang economy will collapse." Ye Jin calmly explained to Luo Kangrui, "Now the Xiangjiang stock market and the real estate market are in a very unhealthy state, which is too hot. Do you think this state can last? It is impossible, it will collapse sooner or later. So instead of waiting to see it collapse and do nothing. It is better to take the opportunity to make a fortune."

He has no sense of belonging to Xiangjiang. If Xiangjiang's economy is destined to collapse and he is unable to stop this tragedy, then all he can do is to make more money while the stock market crash and building crash.

"This..." Luo Kangrui couldn't help but hesitate when he heard him say this.

"Think carefully. If you don't want to, I won't force it." Ye Jin said. Anyway, he has many channels to make money, and it doesn't matter if there is less one.

"Yes." Luo Kangrui nodded.

...

In addition to giving suggestions to Luo Kangrui, Ye Jin also reminded Li Chaoren to pay attention to the stock market in Xiangjiang and the housing market is too hot, and pay attention to avoiding it.

"Mr. Ye, thank you for your reminder. I will pay attention to this matter." Li Chaoren said gratefully.

He has been busy acquiring He Huang for the past two years, and he didn't pay much attention to Chen Songqing's Jianing Group. Now he was reminded by Ye Jin that he woke up. It turned out that Chen Songqing was actually a big fraud, and the scam he designed was indeed amazing.

"You don't have to be polite. You and I are business partners. We should support each other and remind each other." Ye Jin nodded, "In short, be careful in the future and invest more carefully."

"Okay." Li Chaoren nodded. Then, he notified Shen Bi, the senior member of Huifeng Bank, of the senior bank.

His successful acquisition of Hutchison Wong was entirely due to Shen Bi's strong support. Therefore, the relationship between him and Shen Bi also made rapid progress.

In the past two years, Chen Songqing has been using the bank to mortgage the Jianing stocks he holds in the bank and has collected a lot of cash. Among them is Huifeng Bank.

If the Jianing myth is really a lie and Chen Songqing is really a big fraud, then Shen Bi must know, otherwise, Huifeng Bank will suffer a huge loss.

Shen Bi was also shocked when he learned the news.

He always thought that Chen Songqing was an excellent businessman with a deep background, unique vision and extraordinary means, so he always admired him very much.

Huifeng Bank also has many dealings with Jianing Group. Jianing Group has a loan amount of HK$2 billion in Huifeng Bank and has used HK$1.8 billion.

In addition, Chen Songqing also pledged 100 million shares, worth 2 billion Hong Kong dollars, and lent 1 billion Hong Kong dollars to Huifeng Bank.
Chapter completed!