Power of Money
Chapter 851

This financial storm came too suddenly.

The Shen family, which had been quiet for decades and had been in charge of the global pharmaceutical market for a long time, could not cope with it. After Nan Hua Financial Group declared bankruptcy, Mo Tong, one of the remaining six financial groups, also sent a notice to the headquarters about bankruptcy in the tenth hour after Nan Hua Financial Company went bankrupt.

"All companies that are willing to take over Motong Group have all received warnings from various fields and social classes. They warn that whoever dares to intervene in Shen's Group's business will be the enemy of the market and the higher-ups. They will also bear serious consequences. The more than a dozen companies we are looking for have all received similar warnings from the higher-ups. Most of the companies refused our requirements, and only three companies agreed. However, all three companies are unable to cooperate with us because of various reasons. Their accounts and funds were frozen by the banks an hour ago, so they can't complete their cooperation with us."

In the conference hall of Villa No.7-

Su Fuyan, Shen Wenshu, and many other big shots of the Finance Department's Wind Control Department all frowned when they heard the response from the secretary of the President's Department. "He intends to clean out the Shen family..."

Shen Wenshu had a serious expression on his face. He stared at the document in the secretary's hand and spoke in a low voice.

"Apart from these ten or so companies, are those subsidiary companies that we've registered abroad under the name of our headquarters? Can't we complete this mission?" Sufuyan asked.

"The authorities have already studied this problem. Although the feasibility is very high, foreign capital requires a certain amount of time and procedures to buy domestic stocks. It is impossible to cope with the predicament we are facing at present. However, the president's department has decided to let the 25 subsidiary companies buy all foreign stocks from other groups as fast as possible before the implementation of the policy's enrollment policy, and try to minimize the loss," the secretary said.

"

overseas stock..." Su took a deep breath and said, "Although the seven financial groups occupied a large share of the overseas stock market, the three major shares are different from the national conditions. A large number of stocks' plans will attract the attention of many investors, and they will be handed over to the Marketing Department to calculate the risk statistics. This is in line with their standard, so that they can proceed smoothly. But according to the current situation, they can even control the domestic global situation, so the overseas market is even less important..."

"In that case, do you mean that we can only sit here and await our doom?" Frank lowered his voice as he looked at Su84rous4] and asked.

"I'm just analyzing our current objective environment. Only when we know where our enemy is going to start will we be able to respond in advance. We don't have to watch the two companies collapse and do nothing like what we are doing now." Sufu said calmly.

"Then you tell me, what should we do now?" Frank was not convinced.

"It's very simple. Since the outside world has already been completely sealed, it is impossible for them to provide any sort of assistance to us. We can only start from the inside and resolve the current crisis." Su Fuyan said.

"The inside? What do you mean?" Frank frowned. "Do you want us to do it according to the warning of risks? Do you want us to use the capital of the headquarters to buy the remaining five groups' shares in order to prevent them from evaporating in the market?"

Although Frank's personality was reckless, in terms of finance, his brain was not inferior to Su's words.

"That's right." Su Fuyan nodded. "In any case, the higher-ups have already sentenced these companies to death, and there's no room for negotiation. Since the consequences have already appeared ahead of time, then it's better for us to make the best of it. Since they've already made a decision, then we might as well do as they say. What's the problem with that?"

The excuse for the risk warning issued by the China Regulatory was that because the turmoil in the world's medical industry may affect the Shen Family. In order to make up for the loss in this turmoil, the Sher Family would definitely take action against the seven financial banks under their control, using the control policy to reverse the situation. Although it was just a statement, it was punishing the Shen Family in accordance with this statement. Since there was no turning back, it was better to face it head-on and directly do it according to his words. The loss would be reduced to the minimum.

"But wouldn't that prove their crime? Even if there is a certain amount of loss, how will our financial groups survive in the future?" Shen Wenshu asked.

"If they don't do this, will they be able to live?" Sufuyan asked in reply.

Shen Wenshu was taken aback. He nodded and said, "That's the only thing we can do."

"Secretary Shen, please tell the board of directors that we have discussed the result. Hope that the board of directors will come forward and the financial department of our group will take action to purchase the remaining stocks of the remaining five groups. The loss will be minimized to a minimum." Shen Wenshu turned his head and said to the secretary.

"Okay, I'll go back and report it now." The secretary nodded and was about to leave.

"Wait a moment." Sufuyan suddenly stopped her and said, "There is one more thing. If our Finance Department fails in the operation this time, our plan to save the five groups won't work. I ask the board of directors to make a decision. Give up the car and protect the commander-in-chief. Don't hesitate."