"...Brother, um, the person who drove here is my friend. You take mom and sister-in-law with you and go out for a trip to relax. Don't tell mom, so she doesn't worry.
Family business?
Someone will help take care of it, don't worry, I'll take care of everything, nothing will go wrong."
After hanging up the phone, Li Zehua looked serious and called Zhang Tao to give him instructions. "Send all the personnel in the training camp out and keep a close eye on them. If the main target shows any signs of escaping, they will be killed.
Don't hesitate, act immediately, no matter what happens!
If he hasn't escaped, don't do anything and wait for the relevant departments to arrest him."
He called Wang Fei over again and said, "Notify the executives at home that from today onwards, unless it is necessary, do not leave the Magic City easily.
Those who are out of town must also be notified and security work must be strengthened. All daily meals must be provided through internal channels of the company to avoid leaving any hidden dangers. "
As Wang Fei recorded everything, his eyes revealed deep worry, "Those people are crazy, so mad that they sent people to attack the storage area overnight.
If we hadn’t arranged to rent the warehouse of Jinling Governor’s Mansion in advance, I’m afraid they would have succeeded this time.”
In a financial war involving tens of billions of dollars, no one is willing to admit defeat easily. Even when reaching a dead end, some people resolutely choose to take risks, intending to turn the tables by using tricks.
In one day, eight bodies were found and more than a dozen people were captured alive. What was even more terrifying was that all of them were armed.
Fortunately, the war preparedness warehouse rented by Qingyun is in Pengcheng.
Even more unfortunate was that they were surrounded by an entire heavily armored army!
A group of people thought they were hiding well, but in fact they were discovered as soon as they showed up. They didn't make much waves at all. During the arrest process, they only encountered slight resistance.
"We don't need to worry about these. As they involve the strategic security of basic industries, the higher-ups will naturally take care of it."
Li Zehua was not worried about the safety of the cotton in stock. Instead, he was more concerned about the safety of the people around him. He arranged for his eldest brother and his family to flee to Lijiaopo overnight.
I also arranged for the whole family to travel to the Northwest early in the morning. At present, there is no place safer than the Northwest, and several provinces there have strategic cooperation with Qingyun.
Wang Fei frowned, "Then why haven't the higher-ups closed the net yet? The evidence is ready, could there be some accident?"
Li Zehua glanced at him and said nothing.
He called Zhang Tao back and said, "Let Ma Jun lead the team to do the work. Pick a few dozen people and replace all the security guards around the industrial park. We need to be more stable at this time."
Zhang Tao was stunned, then he patted his waist, which was bulging. "Since they can do it, we can do it too. We might as well act early and cut the grass and root it out."
"No, don't make things too complicated. Just keep a close eye on the main target, his family, his children abroad, secret accounts, etc., and don't let them get away."
Li Zehua shook his head. "Now, they are all stinking stones in the toilet. There is no tomorrow, so there is no need to dirty the hands of the group."
After that, he told his men to prepare the car and headed straight to the Temporary Financial Command Center in Magic City...
“Sometimes, it’s best to be confused.”
The boss is in his sixties and has seen many ups and downs. “Just like you, in just a year and a half, you have made such a big fuss and made countless connections.
Below, there are many people who depend on you for their livelihood, just like the people around you who can openly carry weapons, there are only a lot of them.
These people first emerged 20 or 30 years ago. After so many years of accumulation, they have formed an impenetrable network from top to bottom, and they have unclear relationships with outsiders.
We have key evidence in our hands that affects the future and fate of countless people. When there are too many people involved, things will become complicated and difficult to handle in a short period of time."
Then, he handed him a document marked top secret and said, "Look, what a big mess our opponent has made this time.
In one city in Zhejiang Province alone, there is a financial gap of more than 70 billion yuan, with more than 1000 loans of more than 100 million yuan and 9 loans of over million yuan. These people are all well-known figures in the local area.
Some are running factories, some are doing engineering projects. If this cannot be properly handled, what kind of trouble will it bring to local economic development?"
When he said this, the old man's face clearly showed hatred for his son's lack of struggle, but more of it was helplessness, because that was human nature.
It is harder to work in the real industry with high risks and little profit. It is better to enter the financial market and make a fortune with just a few moves.
The old man's words were also a warning to him, hoping that Qingyun would not take the shortcut of pure capital operation because it was really addictive.
But no one has ever thought that since everyone is making money through financial operations, who would be willing to work hard on the ground?
Li Zehua understood, so he took out the investment plan that he had prepared long ago and selected a few places to introduce to him.
The old man nodded repeatedly after hearing this and said, "That's the right thing to do. Young people should establish the correct idea of working hard to build a country, and don't always think about taking shortcuts and making quick money.
But why are the three provinces of Hebei, Jiangxi and Guizhou missing in your investment plan?
Another thing is, you must take responsibility according to your abilities. Many people are jealous of the excess profits you made from cotton and precious metals this time.
I originally wanted to let the people below remind you a word or two, but you ended up bringing it up first.
That’s great. Carry out targeted poverty alleviation in key backward and impoverished areas, teach people how to fish, do it well, and people will remember your kindness decades later…”
Resources can only play their greatest role when they are put into use. Li Zehua, who came from a humble background and started from scratch, has a very strong sense of crisis.
There is no specific statistical breakdown of the money earned through speculation in the financial markets, but it is at least 10 to 20 billion US dollars.
He cannot keep such a huge wealth by himself. Instead of waiting for others to knock on his door, he might as well take the initiative to invest in the industry he is interested in.
For example, charity, poverty alleviation, and investment in backward areas can help more people create social wealth. As long as this pool of livelihood continues to expand, he will have the opportunity to swim freely.
After thinking this through, Li Zehua added some supplementary plans and finally asked unobtrusively about how to deal with those people.
The old man did not hide it from him, "Those who bring disaster upon themselves will suffer. The joint investigation team of the China Banking Regulatory Commission and the China Securities Regulatory Commission has entered the Minsheng Department and started a thorough investigation.
Other risks involving sudden thunderstorms will also be investigated by the place of jurisdiction. In short, the impact of the incident must be controlled within a certain range and no panic will be caused.
The companies and individuals who violated the regulations this time will not escape legal sanctions. What the above means is that whoever caused the mess will be responsible for filling it until the hole is filled.
The main people involved will only be temporarily controlled until all financial hidden dangers are eliminated, and those who should be sentenced will be sentenced and those who should be dealt with will be dealt with."
As he said this, he couldn't help but laugh: "Don't you think the punishment is too light?"
Li Zehua smiled bitterly and didn't dare to respond. If it were him, he would have wanted to drag all his competitors out for a shooting contest.
The old man sighed, "Governing a big country is like cooking a small fish, we must consider the overall situation!
The seemingly malicious price gouging of cotton and other major agricultural raw materials is aimed at disrupting the domestic textile industry and causing hundreds of millions of people to lose their jobs.
However, financial means are not expressly prohibited by law. You can only say that this person is bad, but at the legal level, the state allows long buying and short selling in the futures market, and no one can find fault with it.
In essence, it is because the country's agricultural food strategic security still has hidden dangers and there is external demand. For such a large country to develop, there are too many aspects that need to be considered.
But you can think positively. These people will give up every last penny in their pockets in order to survive. For many of them, losing everything is the least of their worries after this battle.
In order to raise money, the high-quality assets in their hands may be sold at a discount, which is the perfect opportunity for Qingyun to buy at the bottom.
After they fill the hole, even if they manage to get away with it, how long can they live freely? Those who lent them money are not good people. "
After hearing this, Li Zehua's eyes lit up, "How could I forget this? No matter how rich Squid Capital is, it is impossible for them to take the initiative to repay their debts.
On the contrary, we have to ask them for compensation, but they cannot give it. It is wishful thinking to go abroad and continue to live a free and easy life.
If they stay in the country, the creditors who have suffered heavy losses will not let them go.”
……
Things developed just as the two people had imagined during their conversation.
Lu Zhiqiang sent people to take the risk but failed. In addition, he was forced by a group of people and could not withstand the pressure from all sides. He was forced to compromise and prepare to take on the matter alone.
They had a good idea. As long as they took advantage of the loophole that the loans were not transferred to the public account but directly to the securities company, they could get away with it. No matter how wrong they were, it was all Mr. Lu's personal fault. The reasons were ready. As the chairman of the group, Mr. Lu misappropriated the funds of these companies for financial speculation, and now there are huge losses.
The fault lies with him alone, and everyone here is a victim!
On the other hand, without this loan of tens of billions, many of them would have been able to survive, even if they had to suffer serious injuries and sell all they had to fill the hole.
It will not lead to a break in the capital chain and cause an overall collapse.
The key is~
Those people in the credit department are fed up. Who the hell is willing to take the blame for this sinkhole involving tens of billions of loans?
Expedited loan processing and illegal operations were at most a case of negligence at work. The problem was that they did not take a penny of kickbacks from start to finish, and the most they got was fired.
It has escalated to the level of collusion between internal and external parties, and the loans that should have been lent to major companies were misappropriated. No matter how you look at it, it doesn't look like Mr. Lu will be able to pay it back.
If you can't pay it back, you will be charged with a crime.
Hundreds of billions. An accomplice will at least spend life in prison. In serious cases, he may even be shot. Who dares to take a gamble with his life?
So, while the group of people inside were still discussing how to get out and how to reduce their losses, someone in Minsheng’s credit department secretly called to report it.
The investigation team arrived quickly!
But no matter how fast it is, it is still slower than the speed of some people jumping from a building dozens of stories high!
In particular, a well-known financial tycoon in Fujian Province went up to the rooftop without hesitation, stepped over the guardrail, and jumped down without even looking back.
I have to die!
The attempt to burn the cotton failed, and the stock was suspended in the U.S. market due to the limit down. According to the information obtained through internal channels, Goldman Sachs and Morgan Stanley have defected, and are now making intensive arrangements to encircle and suppress the four major grain traders.
As for state-owned games, haha, if you pass all of them, you will be stuck in the dark room. It’s even a question whether you can get out in this lifetime.
The US market is much more tragic than the domestic market. They have leverage of ten to twenty times. If there is a 5% crash, almost half of the longs will be liquidated.
If there is another limit down when the market opens tomorrow, and we don’t add additional margin, we will all be dead!
There will be no more miracles.
The tycoon who had access to funds from special channels in South America, Central Asia and Southeast Asia ended his life without hesitation. Only if he died could his family members have a chance to survive.
Revenge? That’s something that only the financiers who lose money would consider.
Jack Ma, Li Yanhong, and Liu Yonghao were among the few who were not affected. The investigation team simply politely interviewed them and then released them.
As for the others, they were not so lucky. They were invited to have tea one by one, and two of them even asked for tea.
They have to drink it. If they go out now, they will be sitting ducks and those investors will want to eat them alive.
Want to get out and breathe some fresh air?
Dreaming.
Mr. Duan has a wide network of contacts. Even Liu Aiguo has to address him as Mr. Duan when he is outside. But now, he refuses to go out no matter what.
Because the losses were so great, not only did he lose control of the Sitong Group, but he also lost the life savings of his old friends.
If he dares to go out, he will have to face countless big guys chasing for compensation. Instead of going out and being threatened, it is better to stay in there with high-standard joint protection from multiple departments. At least his life can be saved temporarily.
As long as there is enough time, with the key information in his hands, he can make exchanges with outsiders. Don't think about becoming rich and powerful, just hope to live the rest of his life in peace and live to the end of his life.
As for the creditors, although they wanted to strangle them to death, they still tried their best to get them out. As long as they could get them out, with the connections of the Taishan Sect, they might be able to make a comeback one day.
One of them refused to come out, while the other tried desperately to rescue him. This confused the investigation team. Before, the people inside hoped that someone outside would rescue him, but now it's the other way around?
The situation is like this for now. The main investigation direction is the illegal lending in the people's livelihood sector. Credit funds have been repeatedly prohibited from entering the stock market, not to mention the more risky futures trading.
You brought the loss upon yourself and you need to pay back the bank loan. Otherwise, if it gets out, it will surely trigger a bank run and bankruptcy will be the least of your worries.
"Lu Zhiqiang, now that you are here, don't resist stubbornly. All your subordinates have confessed. We know the whole story even if you don't tell us.
I would also like to tell you that other industries under your name are involved in illegally transferring profits by exploiting your status as a controlling shareholder of a bank, falsifying accounts and exaggerating the size of net assets to obtain loans.
It has also been exposed, and the investigation team is collecting evidence. We advise you that it is still a good idea to confess now, and if you have performed meritorious service, you may be able to get out one day in this life."
Facing the questioning of the examiner, Lu Zhiqiang laughed bitterly, "Do you think that for me, it makes any difference whether I say it or not?
Even if I don’t say anything, at least the people outside still owe me a favor and are taking care of my family for the sake of our past.
I'm afraid even my dog won't survive, not to mention me."
When faced with a tough situation, the censors are not afraid at all, because they have plenty of means and time to slowly polish it.
"They are completely screwed this time. They will be useless even if they go out again."
Just one day had passed and Jack Ma looked much more depressed. It was only 13 billion yuan. Even if the shares were closed in the last three sessions and he only lost about 20%, it didn’t matter.
He can afford to lose tens of billions.
The key point is that these old friends of Taishan Sect were arrested, and most of them were about to go bankrupt due to cotton futures speculation. Without their help, can Ali still be as smooth as before?
Li Yanhong smiled bitterly, "Who says it's not true? With such a huge loss involved, we don't know what will happen next."
In fact, with their strength, it would not be a problem for them to raise another 10 billion. Maybe with this money, they could save a large number of allies with vested interests.
The question is, why?
A biological father and son wouldn't joke about tens of billions, right?
What’s more, what’s important is not these people, but the personal connections behind them and the resource groups they represent.
After losing so much money from the investors behind him at once, it would be strange if he didn’t beat them to death when we meet again. How could he still cooperate with them?
The three big guys who control Ahri, Qiandu, and Hope have completely wasted all the resources they have invested in these people.
If we want to get the support of these investors again, we don’t know how much it will cost.
……
The four major grain traders also suffered. The market rose by about 2% on the same day and then plummeted by 5%. The book losses alone amounted to billions of dollars, and the potential losses were even greater.
In business, if you don’t make the money you should have earned, you will suffer a loss. Once you do the math, the loss is more than just hundreds of billions of dollars.
I am so heartbroken that I can't express it in words. Their conspiracy to take control of Dongda Textile Industry and the pricing power of key agricultural products has failed. The future losses will be more than hundreds of billions.
But faced with the joint attack from Goldman Sachs, Morgan Stanley, Ou Meng and Dongda, they had no temper at all. After urgently contacting the investors behind them, the four major grain traders decisively invested.
If they continue to resist, one or two companies might go bankrupt.
The agreement to close the position is equivalent to cutting losses. Not only will there be huge losses, but we will also have to agree to a series of unequal treaties. At this time, we are at the mercy of others and the four major grain traders have no choice but to agree.
Lian Dongda took the opportunity to acquire some low-priced agricultural product stocks, which will be shipped back to China soon.
"Don't think about it. It's obvious. In order to set up this scheme, Dongda planned it in the Western Region Province more than half a year in advance. Now there is an endless stream of heavy-loaded trucks heading from the Western Region to the Eastern Region~
There is no chance that the millions of tons of newly picked cotton stored in the warehouses will be available. We cannot even wait for the results of quality inspections on the types of cotton stored in the delivery warehouses.
Maybe, as rumored, it contains more than half recycled cotton, but will the market give us enough time? "
There is never a shortage of smart people in the world, and many things cannot withstand in-depth scrutiny. For example, the four major grain traders have channels all over the world. Apart from the cotton stocks in their hands, how much can other regions hand over?
350 million tons? You’re just dreaming.
Fortunately, Li Zehua was not here, otherwise he would have argued back: "If you don't agree, send someone to investigate on the spot. Watch me move the world from warehouse A to warehouse B, and then transfer to warehouse B after the inspection."
350 tons?
I am dreaming indeed.
If Li Zehua wants to buy it, there must be so much stock in the world!
He tried his best and used various channels, but he could only barely get more than one million tons. Together with the 50 tons given by the State Reserve Bureau, it was barely enough for 200 million.
As for the rest?
Sorry, Qingyun Group has mobilized Pinxixi and other companies to go deep into rural areas and frantically purchase recycled cotton, even quilts and shirts are not spared.
It is barely enough to make up a number that can completely crush all opponents. If it is really one or two million tons, the four major grain traders and Goldman Sachs and Morgan Stanley will definitely not be convinced.
Because Qingyun still owes the comprador group headed by Taishan Sect a delivery order of 50 tons, and the remaining amount is enough for the world to use for one and a half months. The four major grain traders are determined not to supply and insist on going long.
That was an extremely brutal fight!
It is still unknown who will win or lose.
Fortunately, after Goldman Sachs, Morgan Stanley and Bank of America realized the risks, they had no time to investigate the details and were forced to get on board.
Now, it is the turn of international hot money to receive the most vicious beating...
(End of this chapter)