Chapter 471 - Chapter 471 Friendship between Two Families (2/2)
Chen Yu took out a business card from his pocket.
“Your financial company’s registered capital isn’t high, and the funds you can operate now are precisely ten billion, just enough to match the value of those eight carts of antiques. From now on, I will target your company comprehensively until I flush out all of those ten billion.”
Wang Daming trembled to the extreme when he saw the contents of the business card.
The name Chen Yu had already become a commercial legend in the capital.
With his own strength, he used purely financial tactics to annihilate the Zhao Family of the capital.
Several hundred billion in assets disappeared in ash and smoke so quickly, not to mention his mere ten billion in operational funds.
“Mr. Chen, I really didn’t realize what I was up against, and I accidentally offended you. I hope you can be magnanimous and let it pass like a fart! I will definitely make it up to you when I return.”
Chen Yu lifted his hand and patted Wang Daming’s face.
“With my abilities, I can acquire that ten billion within a day, so why should I wait for you to give me some paltry sum?”
Wang Daming was terrified to the extreme and knelt on the ground, knocking his head repeatedly.
“Mr. Chen, please let me go, I won’t dare to do it again, I swear, from now on I will never harass Miss Qin, and I’ll erase all the past grudges between the Qin and Wang families.”
Chen Yu thought about how this guy was actually spineless.
The arrogance he had when he entered the door had completely vanished.
Qin Mingxue was also stunned; she had not expected Chen Yu to completely overwhelm Wang Daming with just his presence.
“Mr. Chen, since he knows he was wrong, let’s just leave it at that. My parents always told me before they passed away that if the Wang family’s descendants were in need, the Qin family should extend a helping hand. I don’t want to go against my parents’ wishes.”
Wang Daming, as if grasping a lifeline, nodded repeatedly.
“Yes, our two families are old friends, and our elders worked together for so long, we’re practically family.”
Chen Yu’s forehead was filled with black lines. Just moments ago, Wang Daming wanted to settle old scores with Qin Mingxue, and now the two families were ’practically family’? Chen Yu wasn’t going to easily let go of such a fickle person.
“Miss Qin, I don’t want to meddle in your family matters! As I said, I just want him to spit out my eight carts of goods.”
As he finished speaking, Chen Yu dialed a number directly.
A significant portion of Tong Group’s power was in his hands, especially in the financial department, where he could mobilize over eighty percent of the funds.
With orders given, Chen Yu looked at Wang Daming with a judgmental gaze.
“Right now is the most active time of the day for the stock market, and your financial company is in operation, just in time for you to witness what real finance is.”
Wang Daming’s face turned ashen, hurriedly taking out his phone to check the stock price fluctuations of his company.
As expected, in just a moment, the stock price had soared by a whole hundred percent.
This proved that a large amount of capital was pouring in, aggressively buying up the active stocks of his company.
Seeing this trend, his company’s partners were also buying and selling shares in large quantities.
If more than eighty percent of the shares were bought by the Tong Group in a few days, they would cash out at the peak and then dump all the stocks at once.
Such a massive sell-off would plunge the stock price of Wang Daming’s financial company to rock bottom.
At that time, his company would have no choice but to declare bankruptcy.
“Mr. Chen, please have mercy, I really know I was wrong!”
Chen Yu didn’t care about that, continuing to communicate with the Group’s financial department.
As soon as they projected that it was possible to cash out ten billion, he ordered them to sell off all the shares.