Power of Money novel 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.

"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."