Chapter 118 (1/2)
Chapter 118: The Bankrupt Zheng Hongjie
Translator: _Min_ Editor: Rundi
There is a fae, people want to go outside, people want to come inside The sa the slightest bit unfit
Five years ago, Zheng Hongjie was only an ordinary taxi driver Because of chatting with a passenger once, he heard about the food processing industry
The slight drunk boosted to hi foodonly twenty, he didn’t want to be a taxi driver for his entire life From that point on, he started to learn about the unfa as well as borrowings from relatives, he successfully purchased a poorly operated so to university before, because of his hard work and desire to learn, he used his learned-on-the-spot operation knowledge to expand the se plant
Contracts flew to him like snowflakes The canned food and instant noodles he produced were not only high in quality, but the price was also superior coproduction lines, hiringsent the
Within five years, Boss Zheng’s naan calling hi to starting his plant in wanghai city Being able to buy a car, buy a house, and returning to his holory From a taxi driver to a boss, his experience in the five years could be written into a book
But everything changed at the end of last year
The stock6124 finally faded The stockaround 3000 at the time One of his business friends told hiood place to ive it a try
Although he was a bit drunk, Zheng Hongjie’s head was still sober His consciousness told hiht How could a oods create value?
Zheng Hongjie didn’t listen to his friend, but rather he told his friend not to be so drawn into tricky things But his friend only laughed and didn’t bother with hiht two apartraded to a BMW When they were drinking again, the friend gloated on the fact that he used onereturn of fiveHongjie felt regret If he listened to his friend’s words, it wouldn’t just be two apart in a mansion by now He worked hard for four months, and in the end didn’t even make as much as his friend made in a few days
After a few jie casually asked, “Is it too late to get in now?”
When he heard those words, his friend was immediately drawn to the conservation He constantly boosted at how “the econoo up,” “there is no backing down this ti Hongjie was te plant, it would take ten years before he could become a millionaire, but he could with only a few days in the stock market
When he returned houidance of his friend, he tested the water by putting in twenty thousand He didn’t pay too much attention to the account as he was busy with his business until one ht stock
He only opened the account out of curiosity and wanted to see how much money that twenty thousand turned into If it were a small amount, even if he lost it all, it would be okay
It would have been better if he didn’t look, he immediately jumped up when he saw the number The twenty thousand turned into fifty thousand
He felt the world dazzling around hiht, it was regret
If he put in two million, it would’ve become five million! If he borrowed some money to buy ten million, he would be a reed was infinite, the piercing 5000 red number, he remembered Renren Newspaper; “The bull market is only halfway to the top” He immediately put all two million from his account into the stock market Out of the two million, there was a one million loan used for the plant’s expansion
“Renren Newspaper would not trick its citizens right?” “xxx can’t be lying?” “If the stock market crashed then xxx would be the first one to react!”
Mhmm It’s hard to believe, but they did the trick, what can you do?
In the start, he did feel excited as a 2 increase was forty thousand By just looking at that red line, he felt his entire body shake with excite to day dreaot the caution he had before
With just half adown froht down, thousands of stocks with 10 decreases beca it up
“The right opportunity to get into the bull her adjustment”
“Stock hits rock bottom, now is the time to buy”
“The index can’t drop any interest rate drop”
“80 of organizations think the stock market is at the bottom”
“Pension plan is in discussion to enter the market”
He continued to buy in only to continue to lose The friend that promised him that it wouldn’t drop below 4000 points was nowhere to be seen It was rumored that he borrowed money he shouldn’t have, left his wife and children and escaped to the south
Zheng Hongjie wanted to die, but he couldn’t He has a wife that loved hihter that idolized hio
Because he used the loan for other purposes, to avoid legal consequences, as well as being forced by the bank to sell assets to repay debt, Zheng Hongjie decided to borrow elsewhere to fill the hole He borrowed money from his business friends and repaid the bank loan Then he put the rest of thehe could slowly repay the debt
However, another unfortunate event occurred