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Beautiful CEO's Super Expert-Chapter 285 Business War
The Yunlai Building, a high-end skyscraper towering over the city center at over three hundred meters, is a landmark of Jianghai City.
Everyone in Jiangnan knows that this Yunlai Building houses the headquarters of the Liu Corporation.
At this very moment, within a two hundred square meter office at the top of the Yunlai Building, a group of people stood trembling in fear.
Although the weather had already cooled, these individuals were sweating bullets, not daring even to breathe loudly!
In front of them sat a young man, shockingly confined to a wheelchair, his face ashen, eyes filled with angry flames!
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"What exactly happened?"
Even though seated in a wheelchair, Liu Qing's aura pressured the crowd to the point where none of them dared raise their heads, such was the might of a superior!
Hearing their young master's words, no one in the group opened their mouths. Who would want to draw fire and be the first to speak at a time like this?
Seeing that no one was speaking, Liu Qing was immediately enveloped by a rising tide of nameless anger!
"Worthless! A bunch of worthless idiots!"
Liu Qing burst into a tirade of curses before pointing at a middle-aged man dressed in a black suit and wearing gold-rimmed glasses:
"Lu Hua, you are the head of the investment department. You speak!"
By now, there was no way for the man called Lu Hua to hide, so he had to step forward:
"Young Master Liu, we haven't figured out the specifics yet, but the opponent's tactics were fierce. In just the time span of yesterday afternoon, they targeted all our affiliate companies."
"The stock prices of those companies were driven to high positions in an instant, but with the market opening today, they began dumping shares like mad, offloading far more than what they had swept from the secondary market. I suspect they have already acquired a substantial amount from various institutions."
"All the companies we chose to hold shares in have high growth potential. Why would those institutions willingly let go of such stocks?"
Liu Qing asked in a solemn voice. It could be understood if it were one or two companies, but all companies Liu Corporation had invested in experiencing this was clearly abnormal.
"That can only mean one thing."
Lu Hua said in a subdued tone.
"Meaning what?"
"They were offered a high price, a sky-high price, that the institutions simply couldn't refuse."
Lu Hua provided his assessment.
Liu Qing had thought of this point as well, but the question was why. He didn't need to think twice to know the cost of obtaining those shares in such a short time frame.
It was definitely a price far exceeding the valuation of those companies!
But what could their reason be? From what we can see now, there is only one, it's targeted at Liu Corporation, or to put it more bluntly, at the Liu Family!
But who could it be, brazenly causing damage to Liu Corporation regardless of the costs?
So far, the aggressor's actions have been too outrageous, as if money meant nothing to them!
Could it be Lin Ruoxue, that woman? Could it be that having learned the person behind Belle Corporation was indeed himself, she had launched a counterattack against Liu Corporation?
The thought had barely crossed Liu Qing's mind before he dismissed it.
Because let alone the fact that Lin Ruoxue couldn't possibly know the previous incidents were his doing, even if she did know, she lacked the capability to do what was happening now!
Apart from Lin Ruoxue, who else would have both the motive and the capability to do this?
Actually, they had become alert yesterday afternoon when Liu Corporation's affiliated companies' stock started being wildly acquired and had even prepared contingency plans.
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But no one had anticipated that the adversary would commence such frenzied selling as the market opened today, offloading a volume far greater than what had been purchased yesterday, and by a wide margin.
This massive selloff resulted in continuous drops in stock prices, which also triggered a panic in the market, leading individual investors and even institutions to start dumping their holdings.
In an instant, the share prices of the companies in which Liu Corporation held stakes plummeted as if falling off a cliff. To date, the least affected stock had lost 50% of its value, with some plummeting by as much as 80%.
Meaning, in just a few hours since the market opened, the Liu Family's paper wealth had evaporated by hundreds of billions!
Even more terrifying was that the situation was deteriorating rapidly!
Of course, as long as they held those stocks, they hadn't lost yet, after all, they were good companies, and their prices were bound to rise eventually.
"Mr. Liu, there's something I'm not sure if I should say?"
Lu Hua looked at Liu Qing anxiously and blurted out.
"With the way things are, just let it out!"
Liu Qing let out a cold huff.
Despite Liu Qing's scolding, Lu Hua didn't dare to show the slightest dissatisfaction, and instead spoke seriously:
"Mr. Liu, I'm worried that they might turn their guns on Liu Corporation at any moment!"
Upon hearing this, Liu Qing's body shook, and his expression became highly tense!
Indeed, if the opposition employed the same tactic on Liu Corporation, it would be disastrous, and they had to prepare in advance!
After all, Liu Corporation was different from those portfolio companies, it was the lifeline of the Liu Family!
Especially for the business-centric Liu Family!
At that moment, the door suddenly burst open, and a man in his thirties ran in frantically!
"Mr. Liu, Mr. Liu, something... something..."
"What's with the disturbance, get out, don't you know the rules? Not even knocking on the door when you come in!"
The already frustrated Liu Qing scolded furiously.
The man who ran in was startled, quickly retreated, closed the door properly, and then knocked on it.
"Get in here!"
Hearing Liu Qing's voice, the man immediately pushed the door and came in again.
"What's the matter that has you so flustered?"
Liu Qing asked impatiently.
"Mr. Liu, something has happened."
The man who had just entered gasped:
"We just found out that a mysterious force is sweeping up the stocks of Liu Corporation!"
"Bang!"
Liu Qing was stunned upon hearing this, he suddenly snatched up the ashtray beside him and hurled it at the man:
"Damn it, why didn't you say something so important sooner?!"
The ashtray hit the man right on the head, and blood immediately started to flow, but he did not dare to wipe it away.
He was also quite frustrated, as he was about to report that immediately, but it was Liu Qing who insisted he step out to knock on the door first.
How could the blame now fall on him?
But who could argue with the boss? The man was angry but didn't dare to speak out.
Liu Qing, on the other hand, didn't pay any attention to what the newcomer was thinking; what he was feeling now was a bone-chilling cold!
The very thing they were just worrying about had come true in the blink of an eye—the opposition had really made a move on Liu Corporation! And they had acted so fast!
They meant to go head-to-head with the Liu Family!
"Quick, quick, quick! From now on, you will all work from here, this place is both the command center and the war room!"
Liu Qing suddenly snapped to attention, clapping his hands anxiously:
"Everyone be on high alert, we must win this battle!"
(ps: The stock market depicted in this text doesn't follow the price limit trading system used in China, hence this clarification.)