Tao Liangchen

Chapter 1035 Showing Unusual Courtesy

That day, after spending time with Nong Qingying, the next day he went to see Vera.

He ate an authentic Portuguese meal at the newly built Andrade family manor, located on the northern side of Tai Mo Shan in Hong Kong.

Vera's belly was showing, and her due date was around the end of this year or the beginning of next year.

This girl has a good attitude. Recently, she's been reading, sunbathing, and doing yoga, as calm as ever.

Su Yehao didn't tell her about Zhao Yimeng.

From the experienced perspective of a seasoned "fish pond owner," less is definitely more. While being honest and upright is admirable, being a little more tactful makes it easier to live a good life in reality.

The manor's butler was Portuguese and only spoke Portuguese. He had been working for the Andrade family since he was a teenager, and his cooking skills were excellent.

Even Su Yehao couldn't win the favor of this old butler. After all, getting pregnant out of wedlock and being irresponsible isn't a good reputation to have...

He wandered around for several days.

Hong Kong stocks and A-shares not only failed to recover, but the index further declined.

The market was shrouded in gloom, with cries of despair everywhere.

Mainland fund companies had previously embraced large-cap blue-chip stocks, dominating the market as institutional investors, influencing the stock prices of state-owned enterprises, with heavy positions in non-ferrous metals, banking, energy, real estate, and other industries.

With the emergence of user redemption runs, and under the rule prohibiting subscriptions without new funds entering the market, these fund companies lacked liquidity and had to continue reducing their holdings and cashing out to pay for customer redemptions.

Mutual trampling formed a vicious cycle, and the trend of a hard landing in the stock market was very obvious.

Su Yehao's investments in banking stocks, consumer stocks, energy stocks, real estate, etc., also suffered heavy losses in this round of major declines. Although he knew it was just a bursting bubble and these assets weren't worth that much money, it was still a bit uncomfortable to watch huge amounts of wealth shrink day by day.

Under these circumstances,

Zheng Yongwen, who had said he didn't want to see him, still took the initiative to find Su Yehao and treat him to hotpot.

The weather was starting to turn cold, and the hotpot restaurant was particularly popular.

The two sat face to face. Su Yehao didn't have the patience to cook the lamb slices one by one, so he poured an entire plate into the copper pot, stirred it in the soup base with public chopsticks, and the visible ingredients included goji berries, yams, and Epimedium, making it more like a medicinal diet for nourishing and strengthening something.

Zheng Yongwen had a favor to ask of him today, and said with a smile on his face, "You have so many mistresses, you should nourish yourself more. I remember this restaurant has bull testicles, should I order you a portion?"

"Oh? That's indeed a good thing, but let's skip it. I'm afraid the news will be sold to the newspapers, spreading boring gossip about me. I'm still young, I don't need that stuff. You should eat more, Yong-ge, don't worry about me."

As soon as Su Yehao finished speaking, Zheng Yongwen immediately replied, "I don't need it either, I often hike and run, my body is very good."

"Is that so? If your body is so good, how do you know they have bull testicles here?"

Seeing through him, Su Yehao took the lead in talking about business, asking, "It's rare for you to be so attentive for no reason, and I can tell from your expression that nothing good is up. Just say what you want, I'll have the strength to run away after I'm full, and I won't give you a chance to speak. If it weren't for our ten years of friendship, I really wouldn't want to answer your call."

Today, the Hang Seng Index fell by 3.5%, a truly miserable performance.

As the head of the Hong Kong Stock Exchange, Zheng Yongwen certainly wouldn't be in the mood to come to dinner. Clearly, he was asking for something.

Now everyone knows that Su Yehao is rich and generous, with hundreds of billions in cash lying in his account, watching the market trends, which directly led to his company's decline being generally lower than the average.

Having a bullish major shareholder supporting him gave investors a strong sense of confidence, almost certain that Su Yehao would not let his company go bankrupt, especially Country Garden, Hengda, Moutai, etc., which are all high-quality assets that he has heavily invested in for many years.

There are countless people trying to find ways to ask Su Yehao for help.

Even people in Washington on the East Coast of the United States wanted him to help by injecting funds into several financial companies and providing liquidity support.

The person in charge is about to step down in a year.

So Su Yehao played dumb, ignored them, and used the excuse that he had to repay bank loans and ensure the company had sufficient cash flow to get by.

Zheng Yongwen didn't mind Su Yehao's attitude.

Under the current circumstances, being able to come out for this meal was already giving him a lot of face.

After organizing his thoughts, Zheng Yongwen said to him:

"I'm not loved by anyone right now, being kicked around like a football. There's just no way to stop the stock market from falling, so I had no choice but to come to you."

Dipping a large mouthful of mutton in the sauce, Su Yehao mumbled, "Have you ever thought that maybe the previous period was abnormal, and now is normal? These listed companies are returning to reasonable prices, so it's unstoppable?"

Zheng Yongwen nodded:

"Of course I know that the decline is normal, and it's within my expectations, but the recent decline has been too severe, leaving many companies completely unprepared. I'm not asking you to be a sucker today, so don't be afraid. It's mainly that if some good companies are affected, I hope you can help them out. It won't affect their quality of life if the major shareholders lose a little money, but many middle-class people will be ruined, and that's what I'm concerned about."

Su Yehao had his analysts study it, trying to find a way to land softly.

The decline has become a foregone conclusion, the only difference is between cutting the knot quickly and cutting the flesh with a dull knife. If financial crises were so easy to solve, they wouldn't occur every few years, troubling economists around the world.

Even with Su Yehao's net worth of hundreds of billions of dollars, he is still like a mantis trying to stop a chariot in the face of such a landslide.

After all, having hundreds of billions of dollars in assets and having hundreds of billions of dollars in cash are two completely different concepts.

After listening to Zheng Yongwen's request, Su Yehao relaxed a little and replied decisively:

"It depends on the specific situation. If it's a quality asset, I'll try my best to help even if you don't say it. But some sunset enterprises that are just barely holding on, it's okay if they fail. Investment is risky, and every investor knows that."

Zheng Yongwen could guess that Su Yehao held so much cash and was obviously waiting for an opportunity. His attention wasn't really on the Hong Kong Stock Exchange. Being willing to help and rescue some companies was already enough to satisfy him.

Looking up at Su Yehao, he continued to ask, "Every crisis is accompanied by opportunities. What areas have you been focusing on recently?"

"I haven't been looking much, it's too early to talk about that. If there's a suitable opportunity, I'd like to acquire a bank, my own bank, not just holding shares."

Su Yehao holds a lot of bank stocks, worth nearly 200 billion RMB.

However, so far, he only has investment banks under his name, not banks.

Considering that the subprime mortgage crisis is sweeping the globe and banks are the first to suffer, he plans to take the opportunity to acquire one or two and continue to support some promising small and medium-sized enterprises...