Starting as the President of a Billionaire Group
Chapter 323 - 319: Young Master Zhu Losing His Composure

Chapter 323: Chapter 319: Young Master Zhu Losing His Composure

As the stock price of Wanda Pharmaceutical fell, Ye Chen and Su Wanyi’s accounts immediately saw an increase of nearly five billion in revenue.

However, for Ye Chen, this was just the beginning.

These declines, once the Zhu Family realizes, can manipulate funds to support the market and completely turn the tide.

But, Ye Chen had no intention of giving the other party such an opportunity.

Ye Chen took out a USB drive and handed it to Zheng Xiaojun.

"Xiaojun, send out this information."

"What is this?" Zheng Xiaojun asked.

"Evidence of Wanda Pharmaceutical releasing false information."

When Zheng Xiaojun saw the contents of the USB drive, she was stunned.

Inside was evidence of how Wanda Group, during an acquisition, used fake transactions to finance 2.8 billion.

If this evidence is released, it would be big news, enough to push Wanda Pharmaceutical’s stock price to rock bottom.

Moreover, this document is extremely detailed, with a very complete chain of evidence, financial fraud, and other evidence clearly outlined.

The data is so complete that it’s frightening.

How did Ye Chen obtain such complete evidence?

At this moment, Zheng Xiaojun had a newfound respect for Ye Chen.

This type of maneuvering is something only a super trader could achieve.

Once this report is released, Wanda Pharmaceutical is definitely done for.

Zheng Xiaojun was very curious about the origin of this evidence.

After all, this could only be obtained by insiders, especially core insiders.

She did not know that Ye Chen had another divine skill, which was being a super hacker.

With this skill, hacking into Zhu Zhi’s computer, obtaining such dirt wasn’t too difficult, Ye Chen had it all done in one night.

Nevertheless, regarding how this evidence came about, Zheng Xiaojun’s perception of Ye Chen completely changed.

Now, what Zheng Xiaojun was doing was figuring out how to release this material through official channels.

Publication is an extremely important step.

It must be from an authoritative institution; otherwise, Zhu Zhi might refuse to acknowledge.

Ye Chen had long made plans for this matter.

He dialed the Morgan Group CEO’s phone number.

"Mr. Ye, hello, how can I assist you?" Morgan CEO Doc said respectfully.

Doc had previously called Ye Chen.

Doc was very courteous to this third-largest shareholder in Hua Country.

After all, becoming the third-largest shareholder through financing in Morgan is something ordinary people simply cannot achieve.

Ye Chen said, "I have some news I want to release; I need your help."

"Mr. Ye, you are too polite. I’m very honored to be of service to you," said Doc.

"Okay, my person will contact you, and you can handle the rest."

Ye Chen told Zheng Xiaojun, "You contact Morgan’s CEO Doc, I don’t need to explain further, do I?"

"You know Morgan Group’s President Doc?" Zheng Xiaojun was stunned.

Ye Chen broke her understanding time and again.

At first, when Ye Chen said he was sure of winning, Zheng Xiaojun thought Ye Chen was bragging. Now she realized the fearsome power and background Ye Chen possessed.

Isn’t Zhu Zhi bringing about his own destruction by offending Ye Chen?

Soon, a report was released through Morgan’s website.

Once this news was released, the entire international financial market was in an uproar.

Although Wanda issued a statement immediately upon seeing the announcement.

However, the report issued by Morgan was so detailed that anyone with a little financial knowledge could see that the statement was nothing but a sophistry.

When the market opened the next day, Wanda Group’s stock plummeted again, with a drop of up to eighty percent.

In their first encounter, Ye Chen and Su Wanyi secured an overwhelming victory.

To make a stock that had been performing perfectly plummet by eighty percent in an instant, Ye Chen’s methods were terrifying.

Moreover, this decline happened despite the Zhu Family and several large investment banks supporting the market. Otherwise, Wanda Pharmaceutical’s decline might have been even worse.

This stock was originally propped up by hype, so with the revelation of a scandal, the market’s reaction was much more severe than with other stocks.

This time, Ye Chen and Su Wanyi were the biggest beneficiaries.

"Wanyi, how much did we earn this time?" Ye Chen asked excitedly.

Currently, Wanda Pharmaceutical’s drop is already 80%, roughly sixteen billion.

Su Wanyi looked at the accounts and said excitedly.

Sixteen billion, Ye Chen made sixteen billion in just one night.

It’s undeniable; this money came too easily.

However, although money was earned, it is still, after all, in the stock market.

The stock market is ever-changing; if Wanda Pharmaceutical shares rise, there could be a shrinkage.

So it’s not yet time to celebrate victory.

Zheng Xiaojun also nodded: "The Zhu Family is unlikely to sit back and do nothing, they’ll definitely fight back desperately, so we still need to be prepared to respond."

This scandal of Wanda Pharmaceutical has had too great an impact on the Zhu Family.

If they can’t stabilize the situation, the other investment banks are unlikely to advance and retreat together with them.

They might even go for the kill, so the stock price is likely to fall further.

Ye Chen’s move to snatch the pot from the fire could really make the Zhu Family suffer.

...

Henghua Group.

Zhu Zhi’s face turned livid with anger upon seeing the report.

He tore the scandal report to shreds.

"How did this report get leaked?"

The executives present looked at each other, perplexed.

This kind of data is top-secret, and only a few core people can see it.

Now that it’s leaked, it indicates a problem within their core.

This Wanda Pharmaceutical project was Zhu Zhi’s brainchild.

Because of this project’s success, his position in the Zhu Family was extremely secure.

This Wanda Pharmaceutical project earned the Zhu Family over 10 billion, which is the main reason why Zhu Zhi could securely become the patriarch of the Zhu Family.

Precisely because of this, if this project encounters a problem, Zhu Zhi’s position in the Zhu Family will inevitably take a hit.

Zhu Zhi was contemplating annexing the Su Family to unify Modu.

However, reality gave him a harsh slap.

The Wanda Pharmaceutical scandal incident was like a heavy hammer that almost knocked Zhu Zhi out.

Stock prices dropping by eighty percent means that a stock of over 58 dropped to 12, shrinking by over 10 billion.

This is equivalent to coughing up all the previous profits.

Worse yet, this is only the start of the decline. If the Zhu Family doesn’t take effective actions, the stock price will drop further and could even become junk stock.

Zhu Zhi’s eyes were bloodshot, and now he had no choice.

"Immediately mobilize Henghua Group’s funds to support the market."

Zhu Zhi now needed to hold onto Wanda to secure his position in the Zhu Family. He couldn’t let Wanda Pharmaceutical collapse.

"Young Master Zhu, if we divert Henghua Group’s funds, and if the Su Family launches an attack, we won’t be able to withstand it," a high-ranking official said worriedly.

"Wanda Pharmaceutical cannot fall; it must be defended. I will take all the responsibility," Zhu Zhi, now like a gambler whose eyes have turned red, was no longer considering the consequences.