Tycoon: I can see the goddess's wish list novel Chapter 630

Chapter 630: 628, let the big cat meow?

"Someone actually requested to withdraw their investment?"

Chen Hong was quite surprised when he learned this news.

Originally, I thought Luofeng would use the same tactics against me as he did against Tianhong, Chen Hong mused. But the result is Luofeng directly going for a dimensionality reduction strike? Fengshun Investment Company’s profit-making ability is indeed incredible; even though it was only established a short time ago, their performance has been very impressive. But they did bite the dust with the gold investment recently, didn’t they? Could it be that this business with Tianhong showed everyone once again that Fengshun Investment is capable? The key must be that Luofeng secured one hundred million US dollars in capital from Siam this time? This move also made everyone finally realize that Luofeng’s industrial distribution in Siam is quite strong; otherwise, he wouldn’t have been able to easily secure one hundred million US dollars in funding. Is Fengshun Investment in the country just one of his many enterprises? With these two things combined, everyone believes in Luofeng again, don’t they?

The previously assertive Chen Hong now began to panic. He silently calculated that the amount of capital being withdrawn this time could very well exceed 10 billion, possibly even more.

If Shengyuan Group needed to cash out 10 billion in a short period, that would be an incredibly tough task. Quick cash-outs mean losses. After all, it’s like selling a house; the price is set. It’s possible that those in urgent need or naïve individuals might offer a high price, but finding such people requires waiting. And if you want to sell quickly? It means you have to sell your house at a low price.

The situation with Shengyuan Group was different from Tianhong’s. Even though the Chen Family was also from Capital City, they couldn’t go against the wishes of those twenty-odd families in the Capital City circle.

「Late at night.」

Chen Hong was tallying the withdrawals.

A middle-aged man wearing gold-rimmed glasses inside the Quadrangle asked, "Can we still hold on?"

"Dad..."

Chen Hong’s father, Chen Jun, was 50 years old. He was currently the Ministry of Household and the pillar of the Chen Family.

"How much capital is being withdrawn this time, and from whom?" inquired Chen Jun.

"So far, seven families have requested withdrawals, amounting to 5.3 billion. Our reserves are completely insufficient. They are..."

Soon, Chen Hong named the families involved.

"I estimate that even more people will want to withdraw their investments."

Chen Jun asked, "Son, do you have any strategies to counter this?"

"None at the moment. The opponent’s methods are quite formidable: a direct 10% annual interest with an additional 4% subsidy. Such benefits wouldn’t only attract others; they even make me eager," Chen Hong said. "This time, we might not be able to win."

Just as Dad said, so what if all external assets were withdrawn? We still have our own 10 billion in funds. With this capital, as long as I operate cautiously, we’ll be in an unbeatable position. After all, that’s our own 10 billion. If we don’t mess around, then truly, no one can touch us.

Who am I, Chen Hong? The favored son of the Capital City circle! Luofeng’s plan against Honda did indeed make money, but haven’t I also secretly organized the Shadow Group and raked in over 2 billion? Luofeng is indeed formidable, but I, Chen Hong, am not bad either. I simply don’t accept this.

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