Chapter 360 Panic spreads
Chen Songqing left, leaving the city that once carried his dreams and went to a place that even Fang Hexuan didn't know.

Of course, in order to escape smoothly, he found an excuse to go to Southeast Asia for a business trip.

However, in reality, after the plane arrived in Singapore, Chen Songqing found an excuse to visit a friend, took the opportunity to get rid of his subordinates, and disappeared without a trace.

In the past few months, under the pressure from Fang Hexuan, he did not dare to take any chances and sold almost all his assets in Hong Kong, such as real estate and luxury cars, which were not convenient to take away.

Even the antiques and collectibles that he had collected in the past few years just to show off his taste for fine arts were handled by Fang Hexuan through his connections.

In fact, Mr. Fang does not have the ability to monitor the movements of Chen Songqing's personal assets, and the previous warnings were just intimidation and threats.

Although he was only allowed to take away 3 million Hong Kong dollars in property, Lao Chen was actually not a person who just wanted to do the job. After playing the capital game for many years, he also had certain means of money laundering or transferring assets.

Therefore, the assets that his wife and two daughters took out of Hong Kong alone exceeded 5 million Hong Kong dollars.

The woman at home actually left Hong Kong three months ago. During this period, Chen Songqing unscrupulously cashed in and transferred money, and also received 3 million Hong Kong dollars.

A total of more than 8 million Hong Kong dollars, which would have been 2 million US dollars a few years ago, was enough for the Chen family to live on for a lifetime.

Of course, in Fang Hexuan's opinion, if Chen Songqing is low-key enough and makes preparations early, he can still spend the rest of his life in peace. Otherwise, even if he is not in the sphere of influence of Britain and the United States, he will still be cruel and ruthless.

When subordinates who were on a business trip found that they could not contact their boss, their first reaction was that something had happened to Mr. Chen.

These people were very panicked at the time and immediately contacted the group headquarters in Hong Kong, and then reported the case to the local police station.

Chen Songqing was also a cunning person. When he left Singapore, he used a new passport. Except for his photo, his name, age and other personal information were all fake.

There was no internet at that time, so it would take at least a few days for the Singapore police to complete the investigation if they wanted to find out that he had left the country.

Moreover, at this time, including the police in the mainland, everyone's first perception was that the rich man was kidnapped or died in a business vendetta.

Singapore is pitifully small, but it has a complex flow of people. In fact, there are many stranded people from other Southeast Asian countries in the country, all of whom may be potential criminals involved in Chen Songqing's disappearance.

Therefore, the Pocun police spent three days searching the entire city, but when they found nothing, someone suggested that they should check the entry and exit records.

After a day of comparison and investigation, it was finally confirmed that a man who looked similar to Chen Songqing had left Singapore a few days ago.

It was only at this point that the management of Hong Kong Carrian Group really began to panic.

Think about it, if the big boss was kidnapped or assassinated, at most the share price of Jianing would be unstable, and the company's influence might be weakened, but if a new chairman came in, such a large group company would at least not die.

But if the big boss has run away, there are too many things to investigate.

At the very least, when a boss loses confidence in his company, there must be major problems and risks, so big that even he cannot solve them.

The first people to panic within Jianing were the financial department, which had long cooperated with Chen Songqing in falsifying accounts. If there were really any problems, they would be the first to be investigated by the police.

The top management was in a panic. Some executives who were unwilling to give up called Mr. Chen's pager for 24 hours in a row, but to no avail.

At this time, seeing that many people were about to resign and jump ship, Liang Jianbang, the president of the Jianing Group, stepped forward and temporarily calmed people's hearts.

However, this kind of stability maintenance is just to block the news from the outside and the inside. As for what to do in the future? No one has given it much thought. On September 9, the British Prime Minister, the Iron Lady, arrived in Beijing and formally negotiated with the mainland on the Hong Kong issue.

This major event has attracted the attention of many countries and regions in the world, especially Hong Kong, as a party involved.

It was also on this day that news came out from nowhere - Jianing Chairman Chen Songqing had mysteriously disappeared, and the group was leaderless!
Either the person who first spread the news may not have understood the details, or the news lost focus as it spread by word of mouth.

Anyway, Chen Songqing's escape turned into a mysterious disappearance, which may have made the people in Jianing feel a little relieved.

However, the market is not so optimistic.

That afternoon, influenced by the gossip, the share price of Jianing Investment fell from HK$2.83 to HK$2.46.

Although under the general environment, the share prices of most stocks on the Hong Kong Stock Exchange were slowly falling, the fact that Jianing Investment lost HK$0.37 in just one afternoon still frightened market analysts and many investors.

Although Carrian Investments is not a constituent stock, the influence and status of the Carrian Group in Hong Kong is not much weaker than some British companies.

Moreover, due to Chen Songqing's many outrageous actions in recent years, the Carrian Group has frequently become the focus of discussion among Hong Kong citizens.

Therefore, the sharp drop in the share price of Jianing Investment still attracted the attention of many people.

Among them, the reporter with the most sensitive "nose" smelled a very unusual "smell" from it.

This time, there really was a reporter who was "dedicated to his job" and secretly investigated the Jianing Group.

Following the rumor, the uncrowned kings discovered the truth in just one day - Chen Songqing had run away.

However, they had no real evidence, but this did not stop the reporters from acting first and reporting later.

The next day was November 9th.

The front page headline of the Tiantian Daily that day broke the news that the chairman of the Jianing Group, Chen Songqing, was suspected of absconding with the money.

Yes, they used the word "suspected" to get rid of the lawsuit, but they also exaggerated and added the word "taking money" out of their own imagination.

It has to be said that Hong Kong newspapers understand the preferences of local citizens.

Anyone with sufficient critical thinking ability will question this news in their mind, or at least will not believe it.

But ordinary citizens don’t care about that. Since the news was published in the newspaper, Chen Songqing must have really escaped.

This simple and plain idea is like a bolt from the blue to the retail investors of Jianing Investment.

By noon that day, the share price of Jianing Investment had fallen from HK$2.46 at the opening in the morning to HK$1.97, a drop of HK$0.49 in just one morning, which was even worse than the drop yesterday afternoon.

By the afternoon closing, Carrian's share price fell from HK$1.97 to HK$1.55, a further drop of HK$0.42.

The management of the Jianing Group was not given any chance to explain. In just one day, the share price of Jianing Investment evaporated by 37%. In the past six months, the stock's decline was not as much as today!

(End of this chapter)