Reborn as a tycoon in Hong Kong

Chapter 847 Big Rise and Big Fall (Two in One)

After Lin Baicheng obtained the evidence of Chen Songqing's early illegal operations from Zhong Zhengsheng, he went home and looked at it carefully.

Then he discovered that some of the evidence of Chen Songqing's illegal operations in his early years involved companies related to the Jianing Group and became subsidiaries or subsidiary companies of the Jianing Group, while others had nothing to do with the Jianing Group.

In addition, the amount involved in the early stage was not high. The total sum of zero and zero was only about 10 million Hong Kong dollars.

Furthermore, these illegal operations are illegal, yes, there are some tax evasion, but unlike the operation method of Jia Ning Group, it does not allow the company to make more than 10 million Hong Kong dollars in profits through accounting. Chen Songqing's profit was only more than 2 million Hong Kong dollars.

Compared with the market value of Jianing Group, more than two million Hong Kong dollars is not a big sum of money.

But before that, Chen Songqing had not established Jianing Group, and his assets were only a few million Hong Kong dollars. More than two million Hong Kong dollars was no longer a small sum of money for him.

And although the amounts involved are not very large, the evidence is still useful, especially in today's circumstances.

Now, the Jianing Group is involved in financial fraud. Although it has not been confirmed, the outside world does not have high trust in Chen Songqing. If it is revealed that Chen Songqing started some illegal operations in his early years, it will inevitably make the outside world doubt the Jianing Group. Financial fraud also exists. Who told you, Chen Songqing, to have a criminal record?

Also, now that Chen Songqing has been released, but these illegal operations have been exposed, if we contact the police department again, we can use these to catch Chen Songqing quickly, so as to prevent Chen Songqing from causing trouble outside.

It is true that Shen Chou and other British investors have a lot of energy, and Xiangjiang still belongs to the British capital for the time being. However, in order to flaunt their fairness, the British capital will definitely not allow them to interfere with judicial justice. If the evidence is solid, Chen Songqing will inevitably be brought back, and after being brought back this time, he will not be released so easily.

Although he had already thought about what to do, Lin Baicheng did not arrange for the media to expose the information the next morning.

Lin Baicheng decided to wait and see. He wanted to see what Chen Songqing would do after he came out, how to stabilize Jianing Group, and how to stabilize the company's stock price.

On the second day after coming out, the first thing Chen Songqing did was to stabilize the company's small shareholders and the companies that had business dealings with Jia Ning Group, as well as the most important lenders.

Under the current circumstances, if any party fails to stabilize, it will have a serious impact on the Jiani Group and cause the already plummeting Jiani stock price to be hit again.

If small shareholders are not stabilized, they will sell all the stocks in their hands. If there is no takeover, the company's stock price will only continue to fall. If something goes wrong and causes investors to follow suit and cause the market to collapse, that will be troublesome.

If a company that does business with Jianing Group announces the suspension of cooperation with Jianing Group at this time, it would be a shame if the company's stock price does not fall at this time, which is such obviously bad news.

Needless to say, the lenders that provided loans to the Jiani Group. If they cannot be stabilized and let them borrow money from the Jiani Group in advance, then the Jiani Group can declare bankruptcy in advance without waiting for the police investigation. The company’s financial fraud evidence All will also be placed in front of all walks of life.

Chen Songqing was busy stabilizing all parties. The outside world could not see this and thought that he had not taken any action for the time being.

However, when Chen Songqing was released yesterday, his interview with the media was reported by some newspapers, letting the outside world know that Chen Songqing was full of confidence and that there was no big problem with Jianing Group.

Therefore, after the stock market opened this morning, Jianing Group's share price rebounded.

Regarding Chen Songqing's words, some people must believe it and some people don't.

But it is true that Chen Songqing was taken away and released the same day.

When Chen Songqing was taken away, it was understood to be a huge negative and the company's stock price plummeted. Chen Songqing's release was naturally interpreted as a positive by the market, and the stock price naturally rebounded.

Because the stock price plummeted 60% yesterday, after the stock market opened, the rebound of the stock price was not small. It rose by 10% in just a few minutes, and it continued to rise slowly.

This is of course a good thing for the various shareholders of Jianing Group.

The Commercial Crime Investigation Bureau, in addition to interrogating Wu Kaili, is also investigating the finances of Jianing Group. Although Chen Songqing was let go, the information taken from Jianing Group was not returned, and the investigation team into Chen Songqing and Jianing Group was not disbanded.

However, Jianing Group has a wide range of businesses, and Chen Songqing must be prepared to be investigated for falsifying accounts. There are many companies and businesses involved, so the investigation cannot be carried out too quickly.

The Commercial Crime Investigation Bureau can only investigate slowly, so there is no way to expect results here in a short time.

Lin Baicheng did not make any move that day.

At the close of the stock market that day, the share price of Jianing Group rose by 17.5%, with a market value of HK$1.36 billion.

Although the stock price still fell by more than half compared to the day before yesterday, the decline has at least narrowed, which makes shareholders feel a lot better.

At around five o'clock, Lin Baicheng arrived at the Galaxy Financial Building, the floor where the secretariat is located.

In the conference room.

"This is evidence about Chen Songqing's early illegal operations. Take a look at it first, and then talk about how to best use this evidence."

Lin Baicheng asked Qin Lan to copy the relevant information, and a copy was placed in front of everyone present.

Everyone looked at it carefully.

After a moment, Qin Lan asked: "Mr. Lin, was this information given to you by Zhong Zhengwen and Zhongsheng?"

"That's pretty much it."

Lin Baicheng said: "His elder brother Zhong Zhengsheng gave it to me last night. You also know that he himself has left Xiangjiang. I think he handed it to his elder brother before leaving Xiangjiang."

Qin Lan heard this and then asked: "Mr. Lin, are there any conditions for him to hand over this information?"

"There are no conditions. His eldest brother asked me not to blame him for being blind before. For the sake of this evidence, I promised not to pursue the case," Lin Baicheng said.

Chen Zhixiong asked aloud: "Mr. Lin, can Zhong Sheng come forward to testify against Chen Songqing? If he comes forward, this evidence will not only be more credible, but also let the outside world know that Chen Songqing has a criminal record."

"This makes it even more credible that Jianing Group has committed serious financial fraud." Qin Lan took over.

Lin Baicheng shook his head: "I mentioned this matter to Zhong Zhengsheng and invited Zhong Zhengwen to be interviewed by the media under Asia Star Media Group. Zhong Zhengsheng said that he would go back and discuss it with his brother Zhong Zhengwen. There is no reply yet."

Qin Lan said: "Mr. Lin, if there is no cooperation from Zhong Zhengwen, then we can only hand over this evidence directly to the Commercial Crime Investigation Division. In this way, at least it will give them a reason to take Chen Songqing back again and let Chen Songqing cooperate with the investigation. .”

Chen Zhixiong suggested: "Jianing Group's financial fraud cannot be accomplished by two or three people. There must be more insiders, and we can start from other people."

"This has nothing to do with this evidence, right?" someone said.

"We can hand over this evidence to the police, or make it public directly, so that the relevant people involved in financial fraud can know that the situation is getting more and more unfavorable to them, and the truth will be revealed sooner or later. They still have value now. When the time comes, they can talk to us about the conditions. As long as they are not excessive, we can agree. After all, our target is Chen Songqing and Jianing Group, not everyone involved in financial fraud."

"In this case, it is entirely possible that they will seize the last straw and personally stand up to testify against Chen Songqing."

Having said this, Chen Zhixiong looked at Lin Baicheng and said, "Mr. Lin, you can leave this matter to me. I will definitely not let you down."

Lin Baicheng nodded, but said: "Put your proposal aside for now, let's talk about how we should use the evidence in our hands."

"Mr. Lin, I found that this evidence and the financial fraud evidence we obtained before are all related to a company called Yuming Finance. This company gave large amounts of loans to Jianing Group and Chen Songqing's early enterprises."

Lan Meifang said at this time: "I think we can investigate this Yuming Finance to see what is going on with this company and why it loaned so much money to Chen Songqing. If we say that this Yuming Finance is If he is laundering money, that is also a good thing for us, because it means that Chen Songqing is also involved in money laundering."

Lin Baicheng said immediately: "Okay, Deputy Director Lan, you are responsible for investigating the financial affairs of this Yuming company. I hope there will be good news."

"Yes, Mr. Lin."

Lan Meifang responded.

After that, others gave other suggestions, but they were not very good. Generally speaking, everyone still believed that this evidence should be handed over to the Commercial Crime Investigation Bureau and let the Commercial Crime Investigation Bureau take Chen Songqing back again.

Lin Baicheng followed suit and asked Qin Lan to take charge of this matter. He must hand over the evidence to the Commercial Crime Investigation Bureau tomorrow morning and let this evidence be published in the newspaper. At the police station, Qin Lan is temporarily in charge of contact, and Henry must be allowed to withstand the pressure this time.

If that doesn't work, Lin Baicheng will step in personally.

As the big boss, Lin Baicheng cannot do everything by him. In that case, what else would he do by setting up a secretariat, and what would Qin Lan and others do?

In the chairman's office.

After the meeting, Lin Baicheng called Chen Zhixiong to the office alone.

"I agree with what you said in the conference room before. Just go ahead and do it."

Chen Zhixiong is right. Lin Baicheng's target has always been Chen Songqing and Jianing Group. He doesn't care whether other people in Chen Songqing's financial fraud team will be fine.

Chen Zhixiong was overjoyed when he heard this and immediately said: "Mr. Lin, I'm ready."

"You don't have to tell me what you're going to do."

Lin Baicheng raised his hand to stop him. He didn't care about the process, and there was no need to know some processes. If Chen Zhixiong wants to use some shady means, then if he knows about it, doesn't it mean he becomes an accomplice?

But if you didn't know, it would be different. If something happened, Lin Baicheng could say that it was Chen Zhixiong who made his own decision, and he didn't know about it, so he wouldn't be involved.

Chen Zhixiong swallowed what he was about to say and said instead: "Mr. Lin, if you want one of them to agree to stand up and testify against Chen Songqing, there must be a huge temptation. After all, they are also accomplices. If there is no temptation that is difficult to refuse, , it’s impossible for them to come forward.”

"what do you need?"

Lin Baicheng asked directly.

Chen Zhixiong replied: "First of all, it's money. I'm going to see if any of them have families. If I can give them a settlement allowance, maybe someone will be willing to come forward. After all, they don't have much choice. "

Lin Baicheng nodded: "How much do you think is appropriate?"

"I think 500,000 to 1 million Hong Kong dollars should be enough."

Chen Zhixiong wanted to say that the more the merrier, but he knew this was impossible.

"Okay, I approve it. As long as it doesn't exceed HK$1 million, there's no problem."

Lin Baicheng immediately made a decision, but it was only HK$1 million. If someone from Chen Songqing's core team could be bribed to step forward, it would definitely be worth it.

"Mr. Lin, I won't let you down!"

Chen Zhixiong immediately assured that if things are not done well, it will definitely leave the boss with the impression that things are not done well and he only talks big words, so he must do things well.

Lin Baicheng smiled: "I'm looking forward to your good news."

After Chen Zhixiong left, Lin Baicheng did not stay in the office for long. He left the company and went home after a while.

For Lin Baicheng himself, the matter between Chen Songqing and Jianing Group can actually be let go, and the next work can be left to the Secretariat. He only needs to step forward when he is needed.

During the period after the year, a lot of things happened, and Lin Baicheng basically had no time to devote to the research and development of Changsheng Pharmaceutical and Biological Company.

This is not possible in Lin Baicheng's opinion. The research and development of medical and biological products is very important to him. After leaving some minor matters to his subordinates, he should devote himself to research and development work.

The next morning, Lin Baicheng went to Changsheng Pharmaceutical and Biological Company.

This morning, a large number of newspapers reported that Chen Songqing's early business operations involved a large number of illegal operations, which made his company very profitable.

At the same time, the Commercial Crime Investigation Bureau also received evidence of Chen Songqing's illegal operations this morning, and even received a call from Police Commissioner Henry, asking them to give an explanation to the public.

Although Henry did not directly say that Chen Songqing would be arrested, Joseph was not stupid and immediately asked Daniel and Zhou Wei to arrest the person and bring Chen Songqing back to cooperate with the investigation.

However, before the police took action, the Xiangjiang stock market opened in early trading, and the share price of Jianing Group plummeted.

Yesterday, the company's stock price rose sharply by 17.5%. After the market opened today, the stock price opened 20% lower. All the funds made yesterday were buried.

For such a huge drop to open lower, there must be big funds short selling, and one of the short sellers is Yum Securities. Now that we have taken action, it is of course impossible for the stock market to take no action at all.

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