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Contract Marriage: Billionaire and His Deaf Wife-Chapter 499: Inside Story Surfaces (10)
Qiaohui couldn’t help shuddering at the thought, and her gaze towards Fu Yubo deepened as she thought, "Could this man really betray Gu Nuan, the person who saved his life?"
The stock market was engaged in a 24-hour ferocious battle. Since Changda was listed both in the Hong Kong and US stock markets, it was nearly impossible for domestic players to make moves, having the desire but lacking the power.
Major news seemed on the verge of breaking, with tomorrow’s media already drafting headlines about Changda.
Shulan still couldn’t find her husband.
Shumei locked herself in Xiao Jianming’s office, holding her phone and speaking intensely in fluent English with some people.
No, no, no, she shouted several times.
The other party didn’t seem to buy her denial.
Shumei continued to argue forcefully, "From the beginning, it was agreed that you wouldn’t buy out all the stocks."
"Why not? So many people are selling Changda’s stocks, and we are interested in buying Changda. Why not take this chance to buy them at a lower price?"
"This isn’t what we agreed upon initially. You must understand that it was I who had some of the stocks sold. If it weren’t for me—"
"Mrs. Zhao, aren’t you overestimating your influence? Your call for a few people to sell their shares, such a small amount, could it possibly threaten Changda’s board?" 𝒇𝙧𝙚𝓮𝔀𝓮𝒃𝙣𝓸𝒗𝒆𝒍.𝙘𝒐𝒎
Shumei knew then, just by looking at today’s battle, that she was probably deceived by these foreigners.
And she wasn’t the only one deceived.
She thought she was an experienced player in finance, but apparently, she wasn’t.
The other side then threw in a bargaining chip, "Of course, our boss said he appreciates Mrs. Zhao’s support, and if Mrs. Zhao wants to retain a position in the company, anything not too vital would be possible."
"The company was jointly established by my father and mother; it belongs to our Xiao Family, and only members of our Xiao Family should possess it," Shumei said.
"But your father’s series of plans before, the issuance of additional stocks, wasn’t that intending for someone else to take his place in the company?"
"You’re talking nonsense!" Shumei couldn’t contain her anger.
"I understand, our boss understands too," the other side said with an easy laugh, as if they had anticipated her reaction, "There’s an old saying in China, the victor is the king, the loser is the bandit. The loser, of course, is always in a furious rush."
"You think we lost?"
"Right now, the shares we hold have already surpassed your father’s share, allowing direct entry into the company’s board."
"Impossible," Shumei denied.
She had calculated; no matter how much they bought, it was impossible to surpass Xiao Jianming’s shares, otherwise, she wouldn’t have dared to play this game.
"It seems Mrs. Zhao doesn’t yet know, Chairman Xiao has placed some of his stocks as collateral, borrowing from banks and other institutions for his foundation."
The philanthropy foundation was Xiao Jianming’s personal financial endeavor, requiring a significant capital investment. His largest asset was his stocks, and selling his own stocks would affect the company’s stock market performance. Hence, he could only sell as little as possible.
Placing the stocks as collateral for loans was undoubtedly the best way to turn them into cash.
Shumei undoubtedly hadn’t anticipated her father doing this, her legs started to weaken, she said, "You are not human, even daring to target the money meant for charity."
"No, we aren’t targeting the charity funds, that would be of no benefit to our boss’s reputation. The banks pursuing debts wouldn’t chase the charity’s money, but they would definitely claim Chairman Xiao’s personal assets."
The other party’s intention became very clear here, they wanted Xiao Family’s company and Xiao Family’s assets, targeting specifically the Xiao Family.
"Mrs. Zhao, Miss Xiao, wasn’t this your purpose when you initially came to our boss proposing cooperation?"
When the other person suddenly said this, Shumei squinted sharply, "I did say that, but I intended to take the chairman’s position in the company and own Xiao Mansion. That person agreed to it."
"Alright, our boss admits that Mrs. Zhao is indeed a very honest person, which almost made him feel embarrassed. He had to tell the truth to Mrs. Zhao, Mrs. Zhao, apart from being Chairman Xiao’s biological daughter, it’s impossible for you to be anyone else’s daughter."