Chapter 361 How much hatred and resentment?

On the afternoon of September 9, Jianing Investments urgently issued a brief statement to newspapers across Hong Kong, the content of which was nothing more than denouncing a certain unscrupulous media for fabricating false news and maliciously suppressing the company's stock price.

But it’s useless, the stock price will still fall!

There was no choice but to do so the next day, the parent company, Jianing Group, invited the media and newspapers to hold a press conference.

But the content was basically the same and the reporters did not fully believe it.

There were even some picky reporters who questioned Mr. Chen Songqing, Chairman of Jianing, on the spot why he did not attend the press conference, or asked him to make a phone call to prove his innocence.

However, Jianing's current management team is still looking around and talking about other things, exposing too many flaws to the outside world.

Fortunately, today’s stock price did not fall as much as yesterday, so it can be considered a slight correction.

However, that afternoon, the Iron Lady suddenly fell on the steps of the Great Hall of Beijing, and the British media reporters on the scene immediately sent the photos back to their country.

Before evening, English newspapers in Hong Kong also received the news from the Zu family. At least, that night, many upper-class celebrities in Hong Kong knew that the old lady had made a fool of herself.

The next day, September 9, all newspapers in Hong Kong, without exception, published photos of the Iron Lady wrestling.

As more and more Hong Kong citizens finished reading the newspapers, the whole city seemed to be shrouded in an invisible haze.

This time, the stocks invested by Jianing are no longer alone. Like many other stocks, their share prices are falling silently.

And this is just the beginning!
Fang Hexuan has no time to pay attention to Jianing's stock price now. Anyway, he has already fleeced all the wool that should be fleeced. Now Jianing is like a chicken rib to him.

Not only that, he also has to keep a low profile for a while and take all necessary measures to quit, that is, to eliminate as much evidence as possible of his past interactions with Chen Songqing.

It was not a business meeting in public, but possible traces of insider trading between the two.

In this situation, his financial team and legal team can be most helpful.

The impact of the Iron Lady's fall on the Hong Kong economy will slowly ferment in the next one or two months. At least before October, all the declines will not be enough to attract the giant crocodile Fang Hexuan.

Therefore, before he got really busy, he put it on his schedule to settle a feud that should have been settled long ago.

Ever since he staged a play in May last year to persuade the Fang family not to rush to sell the stocks that Jianing had invested in, Fang Hexuan rarely paid attention to the family's dynamics.

It's not that he let go of his hatred, but that there has never been a good opportunity to "revenge if there is hatred, and avenge if there is injustice."

Although Ye Meifeng and Fang Jiade were fooled by their "oldest son" and insisted on not selling the stocks invested by Jianing for a while, even the dumbest people will wake up when faced with an unstoppable decline.

从1980年11月5日的最高点17.9港币跌到1981年5月19日的8.8港币，忽悠一次可行。

但当佳宁的股价从8.8港币跌到1982年3月26日的3.975港币时，叶美凤死活都要清空手中所有的股票。

Back then, when they acquired 13 million shares from Fang Hexuan for HK$5180, they spent all the cash in their hands, and even mortgaged the shares of several companies to the bank.

Again, the Fang family is only of average strength among the wealthy circles in Hong Kong, and the total family assets are only more than 20 billion Hong Kong dollars.

Now, the Fang family has to tighten their belts by suddenly taking out 20 million Hong Kong dollars from the more than 6.7 billion to invest in stocks.

If she made money, that would be fine, but what about the end? Ye Meifeng originally planned to sell all of her shares in Jianing, but in the end, she retained 40% of her shares under the "analysis and advice" of her son Fang Jinpeng.

The overall environment is indeed not very friendly to the stock market. Against this background, the decline in Jiani’s stock price is not so abrupt and incomprehensible.

If you sell 1.17%, you will get back Hong Kong dollars.

After more than a year of investment, the in-laws, Ye Meifeng and Fang Jiade, lost nearly 5 million Hong Kong dollars.

For Fang Hexuan, this amount is just the money to buy a few villas in Beverly Hills, Los Angeles.

But for the Fang family, which has emptied its bank accounts and mortgaged its company shares and real estate, this is nothing short of a major family crisis that will take at least several years to recover.

Moreover, as Fang Hexuan's foundation becomes more and more stable, many families or companies in Hong Kong are unwilling to be hated by the richest man just for doing business with a small Fang family.

If you ask someone who knows the inside scoop on the grievances and conflicts between the two generations of the Fang family, you will basically know who is right and who is wrong.

Therefore, even though Fang Hexuan had never said on any occasion, "If you want to deal with the Fang family, other irrelevant people should stay away to avoid getting covered in blood," many people would still think too much about it.

As a result, not only did the Fang family suffer heavy losses from stock speculation, but even the family's main business was not doing well, but it was almost as bad as business was going.

If the main business does not make money, there will be no way to repay the bank loan. If there is no way to repay the loan, the credit with the bank will decline, and it will be even more difficult to borrow from the bank. This is a vicious circle.

The family finances needed to fill a huge hole, and there was considerable resentment among family members.

At least Ye Meifeng and Fang Jiade’s eldest son Fang Jinhong has already threatened to move out with his wife and children.

As the eldest son of the Fang family, Fang Jinhong's character is surprisingly not affected by his parents. He is a typical person who is dedicated to his work.

Over the years, he has been working as a manager in the family's largest company, working diligently and selflessly.

But besides the possibility of having bad luck in life, people are also often at risk of being dragged down by stupid family members.

The eldest son of the Fang family, after his own parents and younger brother made blind investments without his knowledge, has to bear the consequences together with his parents and younger brother.

It would be fine if it was just a business failure, but his mother Ye Meifeng took out her anger on him and his wife, which was too much.

Since Fang Hexuan has decided to take action against the Fang family, he will definitely not be as slow as before.

Just because he didn’t pay much attention to the Fang family before doesn’t mean he won’t send people to investigate the truth of the past.

For example, Uncle Chang, who used to be a capable assistant to Fang Hexuan's grandfather and later ran errands for the two young masters, was found by Fang Hexuan in a nursing home under the Hong Kong Welfare Department.

This person knows the whole story of the feud between Fang Hexuan's uncle's family and his own family, and can provide Fang Hexuan with sufficient reasons to deal with the Fang family.

At least, as a person who traveled through time and was reborn, he had never quite understood why Ye Meifeng had such great hatred and vengeance towards his parents.

But after listening to Uncle Chang's analysis and explanation, he had a more in-depth understanding.

(End of this chapter)