I'm in the county town, and you say I'm a big shot?

Chapter 374 Baoshang Bank Wants to Borrow Money
After three consecutive days of limit-down trading, regulators couldn't sit still any longer. The Shenzhen Stock Exchange and the China Securities Regulatory Commission sent inquiry letters to Zixin Pharmaceutical, which finally responded.

The Shenzhen Stock Exchange released a message late at night on its official website:
Zixin Pharmaceutical: Announcement Regarding the Temporary Suspension of Trading of the Company's Shares.

On July 25, 2011, a report titled "The Second 'Yinguangxia'! The Mystery of Zixin Pharmaceutical's Financial Report," published on Tianya Community and reprinted by various websites, caused abnormal stock price fluctuations. The company is currently investigating and verifying the content of the report.

In order to protect the interests of investors and avoid the risk of abnormal stock price fluctuations, upon the company's application, the company's stock (stock abbreviation: Zixin Pharmaceutical, stock code: 002118) will be temporarily suspended from trading on August 2, 2011, pending the announcement of the investigation results.

"It's over, it's completely over."

After seeing this news on his way to work in the morning, Li Wei collapsed into his office chair.

Zixin Pharmaceutical suddenly suspended trading, locking up 80% of the company's funds. Who knows when trading will resume?

Will it hit the daily limit down again after trading resumes?

Li Wei is now filled with extreme regret. Why didn't he get out sooner and cash out?
Why buy more at a high price?

Why didn't you listen to Yang Xianliang's advice to grit your teeth and open the limit-down? As long as there are no consecutive limit-downs causing abnormal stock price fluctuations, Zixin Pharmaceutical will not easily suspend trading, and you will have a chance to escape again!

Unfortunately it was too late.

Just then, the landline on my desk rang, and I saw that the caller ID showed an out-of-town number.

Li Wei was in a bad mood and didn't want to answer the phone, but it kept ringing, so he had no choice but to pick it up and ask irritably.

"Which one?"

"Mr. Li, you're putting on airs now. You won't even answer the phone. This is Yu Bingwen."

Yu Bingwen?!

Li Wei immediately recognized the other person: the head of the securities investment department at Baoshang Bank!

Baoshang Bank is the largest investor in Baoying Private Equity Fund, so he naturally dared not neglect it.

"Excuse me, Minister Yu, I just got into the office," Li Wei said with a smile.

On the other end of the phone, Yu Bingwen didn't dwell on it further and said, "President Li, I've seen your report. Baoying Fund made a considerable profit investing in futures in the first half of this year."

"It's alright," Li Wei said with a smile.

Normally, he would have boasted about his achievements to Yu Bingwen over the phone, but he wasn't in the mood today. So after a few words, he asked, "Minister Yu, what instructions did you give me on this phone call today?"

“Our Baoshang Bank wants to borrow some funds for working capital, and we will repay it with interest after three months,” Yu Bingwen stated his purpose.

Borrowing money again!

This isn't the first time Baoshang Bank has done this!
As the largest investor, he quietly misappropriated funds from the private equity firm.

Of course, giving him the position of general manager also brings him many benefits.

"How much do you need?"

"One hundred million."

what? !

Normally, Yu Bingwen would have given the money; Baoshang Bank liked to do this kind of thing, and he wouldn't object as long as other investors didn't say anything.

But today
Although the company still has more than 5 million yuan in its account, Zixin Pharmaceutical suddenly suspended trading, locking up a large amount of funds. Other stocks have yielded very little profit or even resulted in losses, so now is not the time to cut losses.

I need to invest these 500 million yuan in other financial products, how could I possibly give him 100 million yuan?

Sensing the other person's silence, Yu Bingwen asked, "What? Didn't you say you made 7 million yuan trading Shanghai rubber futures a while ago? You don't even have that much money?!"

"We've made quite a bit of money, but we've run into some problems recently." Li Wei had no choice but to sell his heavily invested shares in Zixin Pharmaceutical. He was told that the company had suspended trading, but of course he wouldn't reveal the details. He added, "But don't worry, Minister Yu, this stock is currently profitable. Once trading resumes, we can sell and make at least 7000 million!"

"That's for later! I'm asking you for money now!" Yu Bingwen on the other end of the phone said impatiently, "Go explain to our bank manager, Mr. Wang!"

Before Li Wei could speak, the other party hung up the phone.

Hearing the dial tone from the receiver, Li Wei's expression grew even more grim.

Damn it, what's the point of explaining?!
I need to get past this hurdle first!
Fang Qingye saw this news in Shanghai, mainly because of Huang Hua's internship.

Huang Hua had been in Shanghai for nearly 20 days, but hadn't gone to the company to report for duty. He had been helping Fang Qingye with other matters. Now that things were temporarily settled, the young man was going to start work at the company, and Fang Qingye decided to personally take him there to report for duty.

That evening, Fang Qingye treated Huang Hua and Miao Wei to dinner to express her gratitude.

This time, we went to a different place and had a big meal at Maison Lameloise, a three-Michelin-starred restaurant on Yincheng Middle Road.

After dinner, Huang Hua asked, "Brother Fang, I'd like to go to a nightclub with Miao Wei after dinner. Do you want to come?"

shit
He went to a nightclub again.

"You guys go have fun, I'm not going," Fang Qingye immediately refused.

"What about the cost?"

I @##￥%
"How about this, I'll transfer 20 to you, you can play around with it as you like. You don't need to give me the rest, okay?" Fang Qingye said.

"OK, Brother Fang is awesome!"

"Come back early, you have to go to work tomorrow!" Fang Qingye called out as she watched the two leave arm in arm.

Fang Qingye was still staying at the Ritz-Carlton Hotel. She got up in the morning, had breakfast, and went out at 7:50 sharp, only to find Huang Hua standing at the door.

Unlike his usual image of wearing a crew neck shirt, shorts, and sandals, with a lollipop in his mouth, Huang Hua was dressed today in a white short-sleeved shirt, tie, black trousers, and polished leather shoes. He was also carrying a briefcase, looking every bit the white-collar worker.

"You look much more refreshed after tidying up," Fang Qingye complimented, then asked, "Have you had breakfast?"

"Not yet, I woke up a little late and I'm afraid of being late," Huang Hua said.

Fang Qingye was speechless for a moment, then patted Huang Hua on the shoulder:

"Let's go eat first. The emperor doesn't need hungry soldiers."

After accompanying Huang Hua to a restaurant for dinner, the two took the elevator downstairs to their company in Building B. When they got on the elevator in Building B, Fang Qingye was surprised to find that there was another person in the elevator, who was Li Wei, the general manager of Baoying Fund Company.

It’s really a narrow road between enemies.

However, Li Wei was not as spirited as he was the last time I saw him. He looked haggard and his eyes were bloodshot, as if he hadn't slept well last night.

Fang Qingye greeted him proactively, "Good morning, President Li."

When Li Wei saw that it was Fang Qingye who came in, he forced a smile and said, "Good morning."

"Mr. Li, you don't look too well today?" Fang Qingye asked with concern.

Will it get better?
A whole host of worries.

Of course, Li Wei wouldn't tell this young man anything, and pretended to be very relaxed: "It's nothing, I just didn't sleep well last night."

"Insomnia? Is it because of work stress?" Fang Qingye continued with concern, "There's an old traditional Chinese medicine doctor in our Nanxincheng who specializes in treating various sleep disorders caused by anxiety and excessive work stress. Do you have time to go and have a look?"

"Thank you," Li Wei replied.

"Don't mention it, we're neighbors, you said we should care for each other."

"Yep."

The two chatted idly, exchanging a few words here and there.

After getting off the elevator, Huang Hua asked curiously, "Brother Fang, who is he?"

"Li Wei, General Manager of Baoying Fund Management Co., Ltd."

(End of this chapter)