The King’s Enchanting
Chapter 1160 - 1171: Farewell (Part 1)
CHAPTER 1160: CHAPTER 1171: FAREWELL (PART 1)
In Europe and America, when investors buy stocks of a company, they highly value the leadership of the enterprise in addition to financial statements and sales performance.
When they heard that a woman with no understanding of architectural design and no experience managing a large enterprise was going to take control, it immediately caused an uproar!
By the time Jian Anning arrived in Vancouver that day, the situation was already spiraling out of control. Mr. Hu and several other major shareholders of the company, along with a few CEOs, held an overnight meeting. First, they clarified that there was no intention for Jian Anning to join the company. Next, they discussed how to handle the current crisis. Lastly, they needed to figure out who was stabbing them in the back at this critical moment!
While they were still in a collective meeting, Jian Anning acted one step ahead of them.
Just yesterday, Jian Anning had completed the account name change procedures with the bank, and with her cash not even warmed in her pocket, she immediately invested it into the stock market, starting to buy scattered shares. A few million Canadian Dollars might not have been a small amount ordinarily, but at a time when sentiments were shifting and even investors were frantically selling scattered shares, this amount was akin to a drop in the bucket.
When the market opened the next day, the stock price was still falling, even halving from its peak value!
At this point, both Jian Anning and Mr. Hu were not fools; they certainly knew someone was playing tricks behind the scenes.
And the most likely person to stir up trouble at this time was none other than Cheng Juye!
Cheng Juye did not know that she, due to marrying far away to Huaxia Country, truly did not want to inherit the company. Indeed, according to her past thoughts, she would certainly have taken a management role in the company.
Moreover, the timing of his rumor release was just right. She had just completed the asset transfer procedures; if she were to take over the company, it would undoubtedly be a moment when sentiments were unsettled and her authority was not yet established. If she truly intended to take over the company, she would be worn down by this harsh trial!
Jian Anning, being no stranger to senior management, immediately decided to have Mr. Hu hold a press conference, declaring she absolutely would not enter the company’s management team.
Simultaneously, she sold all the stocks, futures, and securities her father had given her, investing a larger sum into the stock market to buy up scattered shares.
Mr. Hu and several other major shareholders of the company also joined her, pooling all available funds they could mobilize into the stock market together.
Soon, Mr. Hu and the company’s current CEO promptly came out to clarify that there was no change in the company’s executive director, and they reserved the right to pursue legal responsibility against the rumor mongers. Alongside the press conference, both parties’ funds simultaneously entered the stock market, forcefully collecting scattered shares.
When the public realized that the available scattered shares in the stock market were dwindling, the price gradually stabilized, even slightly rebounding by the time the market closed that day.
Cheng Juye was naturally keeping an eye on the news. That evening, as he watched on TV the press conference where Mr. Hu confidently declared that the management team would not change, he thought it might be a delaying tactic!
However, this incident also inadvertently served as publicity for their company. The current CEO is a professional manager, evidently well-versed in this, and simply bought media space in the ensuing days, continuously reporting on this matter, making it known nationwide!