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Chapter two hundred and ninety-six, the destruction of Carian

After wandering around Kabukicho until after nine o'clock, Nanyi left and went to Sayuri Hagiwara's izakaya in Shibuya.

For some reason, Nan Yi found it easy to chat with Sayuri Hagiwara, so he was very willing to sit in Sayuri's izakaya.

Opening the sliding door and just entering the izakaya with his head lowered, Nan Yi saw that the atmosphere here was a bit strange today. Inside, a middle-aged man in his fifties was looking at a young man in his thirties, both of them had a look in their eyes.

With a fierce energy, this posture looks like two top masters are dueling, both sides are looking for each other's flaws.

These two people were probably very famous in a certain field. Nan Yi saw other customers in the store gathering together to discuss quietly, all of them staring at the two people looking at each other, with a little admiration in their eyes.

.

Nan Yi walked to the bar and waved to Sayuri Hagiwara.

Sayuri Hagiwara walked to Nan Yi, leaned forward, and put her ear to Nan Yi's mouth.

"Who are these two people? Actors or singers?"

"No, the older one is called Kojima Takeo, and he is the president of the Nippon Professional Mahjong League. The younger one is called Sakurai Shoichi, and he is a very powerful professional mahjong master."

"Professional mahjong?" Nan Yi was confused for a while and asked: "Is there a professional mahjong competition?"

"Yes, Nagao-kun doesn't know?"

"I hate everything related to gambling and don't care about it. Is the professional competition the same as the competitive competition? Do you participate in the competition and get bonuses?"

"There doesn't seem to be much prize money in the competition, and those mahjong masters make a living by playing for them."

"Playing games for rich people?"

"No, it's to help the Sumiyoshi Association. It seems that if there are disputes between different societies, they will hold a mahjong match and rely on the winning or losing of mahjong to resolve the dispute."

"oh."

Nan Yi responded and expressed disbelief in Sayuri Hagiwara's words. Resolving disputes and dividing interests by playing mahjong was not as reliable as rock-paper-scissors.

He guessed that the associations might hold mahjong competitions and make money by engaging in peripheral betting and the like. It was essentially gambling, but with special props.

In an instant, Nan Yi lost interest. Damn, these two gamblers are just pretending to be bad masters here.

"Master, bah, if you win, you'll cut off your left hand, if you lose, cut off your right hand, and in a draw, both hands will be cut off. I want to see how good you are..." Nan Yi complained in his stomach and turned to Sayuri Hagiwara.

Said: "Give me a bottle of ginger beer with ice cubes."

"Okay, Nagao-kun, wait a moment."

Nan Yi was waiting for Sayuri Hagiwara to serve wine when the school beauty suddenly leaned into his ear and said, "President, I saw Zhong Zhengwen outside."

"Zhong Zhengwen?"

Nanyi recalled that on September 26 last year, Carin released its interim results, with a profit of HK$270 million, an increase of 2.75% over the previous year, and announced an interim dividend of 1.2 cents per share.

However, on October 26, Carin suddenly and rarely announced that it would cancel the payment of interim dividends and replace it with one bonus share for ten. At the same time, it issued 500 million preferred shares to raise HK$500 million.

This move actually exposed Carin's plight, and the stock price immediately plummeted, losing 30% in one day, from HK$1.52 to HK$1.02 per share. Affected by this, the Hong Kong stock market also fell sharply by 9.48%, which was regarded as "solid

The 800-point mark of "Defense Line" easily fell below, and the total value of the stock market lost 13.2 billion Hong Kong dollars.

Later, Chung Ching-wen's Yida Investment announced its liquidation in November. Chung Ching-wen also fled Hong Kong in a hurry, leaving behind a debt of 2.1 billion Hong Kong dollars and other loan guarantees of 1.6 billion Hong Kong dollars. His son went to Hong Kong in accordance with the money and debt laws of Hong Kong.

Stanley went to study.

After Yida Investment was liquidated, the truth about Jia Ning was completely exposed: As early as October last year, Chen Songqing knew that Yida had borrowed bank loans of up to 1 billion Hong Kong dollars. Calculated proportionally, Jia Ning's debts were at least this amount.

It's as big as Jianing's shadow.

Therefore, the China Securities Regulatory Commission rejected Jiali's rights issue plan to raise funds and launched an investigation into Jiali's finances.

On January 2 this year, the Jiani Group announced that its three listed companies, Jiani Real Estate, Vinda Shipping and Chang Life Insurance, would suspend listing and trading, restructure their debts, and cancel their plan to issue HK$500 million in preferred shares;

Instead, it was proposed that the parent company, Jianing Group, would inject HK$250 million in capital, and HSBC would provide a secured demand overdraft of HK$250 million to Jianing under certain conditions.

On February 6, Jianning announced the appointment of Hengbao Finance and Duoli as representatives to discuss the restructuring plan with creditors, including more than 70 banks and finance companies.

Carining even hired John Bao, the former vice chairman of HSBC Bank from Eagle Country, as a creditor bank representative with a monthly salary of HK$100,000 to join Carining's board of directors.

Carining's debt restructuring is planned based on the principle of replacing debt with shares and reducing debt through the sale of its subsidiaries.

Originally, the success of this plan was unlikely, and during this period, a murder suddenly occurred, completely shattering Jia Ning's hopes of reorganization.

On July 18, Ibarashi, the assistant manager of Yumin Financial Company, was strangled to death in a room of the Regency Hotel and smuggled to a banana forest in the New Territories and abandoned.

The murderer left obvious clues, and the police quickly arrested a man named Mai.

The man later admitted that he was only responsible for discarding the body, and claimed that the murderer was someone else who was ordered by Chen Songqing to commit the murder.

Ibarahi's death led to a police search of Yumin Finance, which revealed that companies affiliated with Carnegie Corporation had huge liabilities to Yuman Finance, amounting to US$540 million, which were inconsistent with Carnegie's accounts.

At this point, the truth about the source of Jia Ning’s huge funds is revealed. It does not come from the wealthy overseas Chinese in Southeast Asia, nor is it the support of Mrs. Marcos of the Philippines, nor is it the People’s Bank of Moscow standing behind it, but it comes from a Malay financial company.

U-Ming Finance is a wholly-owned subsidiary of U-Ming Bank of Malay, a major bank with international business.

Since the Hong Kong government froze the issuance of banking licenses, Yue Man Bank established a deposit-taking company in Hong Kong as a subsidiary, named Malaysia Yue Man Finance Sdn Bhd.

In 1979, Yumin Finance had established a cooperative relationship with Carin, and it was with the full support of Yumin Finance that Carin launched large-scale expansion activities.

At this point, the myth has been debunked.

Jiani Group owes a total of more than 10 billion Hong Kong dollars in debt to financial institutions such as Yumin Finance, HSBC, and Duoli. Chen Songqing and Yumin Finance attempted to conceal the total liabilities of Jiani, especially the debt of more than 4 billion Hong Kong dollars owed to Yumin Finance.

amount in order to allow the reorganization to proceed.

A few days ago, the Xiangguan police launched a search operation against the Jianing Group and obtained more than a million documents. Chen Songqing has not been arrested yet, but based on the news obtained by Nanyi, he should be there soon.

Chen Songqing is so worried right now that he probably can't think of taking revenge on Nan Yi.

"Alone?"

"Yes, it's a person. It seems he came out to find something to eat. He's sitting next door now."

"Well, let someone follow me."
Chapter completed!
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