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Chapter 45 of 234

chapter 45

5 min read1,163 wordsMature

The shareholders sat in the conference room chattering away, while Gu Yeze remained silent all the while.

“It’s Mrs. Gu who was in charge of the acquisition, was she…”

Gu Yeze cast a glance at the shareholder, making his flesh crawl. The man worked under Gu Yelin and intended to direct people’s attack at Bai Weijin who had just taken the position.

But when he noticed the way Gu Yeze stared at him, he was suddenly overcome with regret.

“She’s my wife, and she handled the matter on my instructions, so what do you mean?” Gu Yeze’s fierce eyes were on the shareholder.

The man turned deathly pale.

“Director, what Mr. Liu means is that there’s something wrong with the acquisition, or we couldn’t have lost Chenfeng.” Gu Yelin paused, took a brief look at Gu Yeze and continued talking.

“If you are not able to cope well with the pressure of work, we can help share your burden.”

When he finished, Gu Yelin saw no sense of frustration in his cousin’s eyes.

Gu Yeze bowed his head and smiled. When he raised his eyes, he was calm and composed as usual.

“Don’t trouble yourself. God knows whether the acquisition of Chenfeng is a good decision or not.” After saying this, Gu Yeze left the company.

People present looked at each other in blank dismay. Gu Yeze always went his own way, to which no one dared to raise an objection.

After all, he was the commerce magnate of H City.

It was the first time that Gu Yeze suffered defeat, which took them aback.

…

Gu Yelin was in a good mood all day. At the thought of Gu Yeze’s dejected look in the conference room, he was filled with great joy.

‘Gu Yeze, your day would come to an end soon.’

How could Gu Yeze always be in the limelight and enjoy all the advantages he didn’t have?

‘Gu Yeze, you have to admit failure this time.’

Gu Yelin raised his wine glass in a toast to Shi Qian, and she smiled, “Awesome! The whole city has witnessed powerful President Gu’s defeat in the competition with a small company.”

Gu Yelin swung the glass and looked at the red wine inside.

“But… I have some worries about the loans we took out from those banks…”

Gu Yelin’s countenance changed, “You women are truly short-sighted. When Gu Yeze fell from grace, Grandma will definitely hand over Gu’s Group to me. At that time, paying the debts is a piece of cake.”

Running at a loss meant nothing to him. What he needed to do now was to speed up the capital turnover and await his turn to become the new boss of Gu’s Group.

Seeing Gu Yelin get angry, Shi Qian forced a smile and said, “That’s right. President Gu, I wish you a great success.”

Her words eventually cheered Gu Yelin up.

A week later.

The whole city was abuzz with one thing.

House prices slumped to a record low.

Five days ago, they began to go down. The public considered it a transient phenomenon at first, to find that conditions got worse and worse.

People who intended to buy a home couldn’t sit tight anymore, all planning to make their purchases as soon as possible.

Tempted by the continuously falling house prices, they wanted to wait and see. After all, the price had fallen to a new low for a decade or so.

Chenfeng Group which was recently acquired by Wu’s planned to sell two housing estates. However, the launching ceremony hadn’t been held as yet.

Gu Yelin was in the office and flung his mobile phone onto the floor.

Wu’s and he poured nearly all their money into these two pieces of land in an attempt to reap considerable profits. Unexpectedly, house prices fell sharply now.

Naturally, he didn’t dare to put the estates on the market, for their selling prices were almost six times as high as the current house prices! He would be bitterly attacked at the launching ceremony.

But lowering the price was the last thing he wanted.

President Wu was also in a terrible fix and called Gu Yeze to ask the reason behind. The slump happened so suddenly. There must be someone rigging the house prices.

Now Wu’s pinned the blame on him and said it was a mistake to cooperate with him in the investment.

Gu Yelin heaved his phone away.

…

Bai Weijin read a newspaper and couldn’t stop laughing.

“Gu Yelin bet the ranch and even ran up huge debts to set you up. He must go crazy now, doesn’t he?”

Her smug expression amused Gu Yeze.

When Bai Weijin went to negotiate with Zhao Kaicai, Chu Jiran joined Gu Yeze in putting down the housing prices.

Except Gu Yeze, nobody was able to manipulate the housing market of the whole H City.

Above all, a large amount of money was required to make up the deficiency when price control was conducted.

Gu Yeze had no worries about the deficit. Such a capital turnover was quite easy for him. What was more, whatever he had spent must be repaid by Gu Yelin.

Moreover, citizens saw it as a consumption trap, so most of them chose to look on. Of course, they wouldn’t buy those sold at ordinary market prices.

Bai Weijin stretched out on a sofa and tossed the newspaper for fun.

Gu Yelin originally planned to kill two birds with one stone: making a fortune himself and disgracing Gu Yeze meanwhile.

Unfortunately, his smug calculations were upset.

He seemed to have belittled his cousin’s ability. Controlling the market price was a breeze for Gu Yeze.

They guessed right. Gu Yelin was sitting in his office, pale-faced.

Given that the crisis wasn’t overcome, he would lose all the money and get into a heavy debt.

Banks urged him on the phone to pay back the loans.

Even those closely related with him also pressed him to repay the money, which almost drove Gu Yelin crazy.

In addition, President Wu called him every now and then to seek a solution. Despite his ambition, Wu was a sheer coward who was at a loss whenever problems arose.

At the moment Gu Yelin was the straw to clutch at.

Gu Yelin was also at his wit’s end. He was sure that his cousin had manipulated the house price, but unfortunately, he was no match for Gu Yeze.

He could make trouble secretly, but when it came to competing with Gu Yeze in terms of strength and connections, he was in no position to deal with it.

What should he do? To resign himself to defeat? Gu Yelin dialed a number on the office phone.

“What? Launch the buildings at a lower price? I can’t agree. We invested heavily in them, how could them be sold so cheap? At least when the market price rises to its original level.” Wu yelled and stamped his foot.