Maximize Interest, My Money Grows Infinitely
Chapter 529 - 301 Heroic Amputation_2
CHAPTER 529: CHAPTER 301 HEROIC AMPUTATION_2
"Brother Cheng!" Tong Jialu suddenly said, "Wealth No. 6 is clearly unable to accept redemption now!"
Chen Cheng leaned closer, "Did the consignee release an announcement?"
Tong Jialu nodded heavily, reading the content:
To: Holders of Wealth No. 6
Due to recent market fluctuations, our company has decided to suspend the redemption service of Wealth No. 6, the specific resumption time will be announced later.
After reading the announcement, Tong Jialu’s face turned pale, "This... isn’t this clearly a run-away?"
Chen Cheng’s expression also darkened.
He knew, this was just the beginning, the first domino had already fallen.
"It’s going to affect the main artery." He whispered, then turned his head to Xia Yubing, "Do you remember which company is above Wealth No. 6?"
"I need to check OA for that."
Tong Jialu immediately handed her phone to Xia Yubing, "Sister, try logging in."
Xia Yubing took the phone and skillfully logged into the OA system of Jing Fa.
After some searching, she quickly found the relevant information.
"It’s LinkedIn."
She handed the phone back to Chen Cheng, "LinkedIn has packaged and sold these asset debts to Hemei, which then packaged it into Wealth No. 6 and sold it to the public."
Chen Cheng’s eyebrows, which had been relaxed, immediately furrowed.
LinkedIn was Chen Jin’s company, he asked, "Check the forums to see if anyone has mentioned LinkedIn."
"Okay."
Tong Jialu took back the phone and skillfully scrolled through the forum discussions about Wealth No. 6.
"There’s none so far." She hesitated, "The last discussion about LinkedIn was at the end of last month."
Chen Cheng tapped on the tabletop, "That means, this ’Gunflower Consulting’ hasn’t dug into the upper institutions yet."
He also took out his phone, clicked on Chen Jin’s avatar, but seemingly out of nowhere, he turned off the screen.
"Let’s have dinner first, if Lao Chen encounters any issue, he will definitely call himself." Chen Cheng said.
Right after he spoke, Tong Jialu exclaimed, "Brother Cheng!"
"Hmm?"
Tong Jialu handed over the phone tremblingly, "A second ago, LinkedIn also released an announcement, suspending the redemption of several products!"
Chen Cheng hurriedly took the phone and looked at the content on the screen.
The announcement headline reads: "Announcement on Suspending Redemption Service for Some Products."
Dear Investors:
In view of recent market fluctuations and to protect the interests of a broad base of investors, after study, the company has decided to suspend the following products’ redemption service effective immediately:
Stable No. 1, Enterprising No. 1, Optimal Choice No. 3, Exclusive No. 2, Prestige No. 7.
Specific resumption time will be announced later. We apologize for any inconvenience caused.
Special announcement.
LinkedIn Wealth Management Ltd.
After reading the announcement, Chen Cheng realized that it did not mention Wealth No. 6, which had been exposed by Gunflower Consulting, but recalling Xia Yubing’s previous statement about the layers of nesting, Chen Cheng could infer, this announcement covering five products, might be directly connected to No. 6.
Tong Jialu asked nervously, "Brother Cheng, what should we do now..."
She turned her head to Xia Yubing, though saying Wealth No. 6 isn’t related to Xia Yubing, yet those five LinkedIn products were definitely linked to her.
Xia Yubing subconsciously grabbed Chen Cheng’s hand, which felt ice-cold.
He met Xia Yubing’s eyes filled with fear, thought briefly, "Chen Jin isn’t panicking, why are you?"
He patted the back of her hand, "Also, Deng Xiong is already dead."
"But, my husband, LinkedIn’s action was really sudden, I’m afraid..."
Chen Cheng gripped her hand tighter, "Don’t be afraid, let’s first see how things unfold. Everything is still unclear, we can’t lose our composure."
He took another look at his phone, then finally dialed Chen Jin’s number.
The call connected quickly.
"Mr. Chen? What’s the plan for today?" Chen Jin asked relaxedly.
"Hey, I’m in Banna, what else could I be doing?" Chen Cheng responded in a relaxed tone: "If you’re talking about plans, LinkedIn’s actions are pretty quick!"
Although the two weren’t face-to-face, they understood each other perfectly.
Chen Jin chuckled on the other end, "Chen, the market is unpredictable, I had no choice. How are things on your end in Banna? Are things a mess because of the Deng Xiong situation?"
"It’s a bit troublesome, the signing with Banna Travel Investment has also been postponed, just waiting for their Director Guo here. Your sudden suspension of product redemptions, isn’t there still a bigger bomb about to drop?"
The phone was silent for about ten seconds, then Chen Jin spoke again: "Mr. Chen, do you remember what we first talked about at the golf course, with the grand view of the Great Wall in the sunset?"
Chen Cheng’s mind raced, recalling those majestic sunset views at the Great Wall, speaking Chen Jin’s famous words, "We are shepherds of the market."
"Exactly, in the flock, there’s always a few sheep that get sick, a shepherd has to be harsh sometimes, not to let a sick sheep infect the whole flock."
Chen Jin chuckled, "Right, Mr. Chen?"
Chen Cheng also smiled, "Lao Chen, that’s cutting off your own limb to save the body! Just don’t know how much pain you’re in after cutting off five fingers all at once?"
Chen Jin sighed deeply, "Painful, how could it not be painful! These five ’sheep’ are all dear to me, but to preserve the whole flock, I had to be hardened."
Chen Cheng fell silent for a moment, he knew that Chen Jin’s words were not entirely in jest.
Suspending redemption for five products was definitely a drastic move for LinkedIn, one that required immense courage and resolve.
"Mr. Chen, things must be tough on your end too? How’s the situation with Banna Travel Investment?"