"And there is a price to pay for being impatient..."
Seeing his father's figure that seemed to have aged instantly, Li Kai's whole body tensed up.
He hurriedly walked to Li Bancheng and whispered: "Dad, I have an idea..."
Li Bancheng looked sideways at him.
Li Kai gritted his teeth and said: "The secondary market has been continuously shorted. Those credit products are now worthless, and we are still burdened with loans from small and medium-sized banks. To put it bluntly, Lei Man is now insolvent."
"We spent tens of billions of dollars, but what we bought was a lot of debt. If we continue to persist, the debt will only increase."
"I believe that the situation will continue to get worse, and once more small and medium-sized banks file for bankruptcy, the insurance compensation alone will be enough to suck out the last drop of our blood. It is better for us to cut off our strong men!"
"...File for bankruptcy!"
Li Bancheng's face was expressionless, and he seemed not to be surprised at all by Li Kai's proposal. He just asked a question, "But in this case, we will become the laughing stock of the whole world, and we will never be able to hold our heads up again."
"Dad, it was you who said that as a businessman, you only need to focus on profit, and nothing else matters."
Li Kai said eagerly: "So what if we become the laughing stock? As long as there are other cooperation projects in the future, the other party will see the benefits and stop cooperating with us because we made a big mistake in the acquisition of Leiman."
?Doesn’t exist.”
"So we simply file for bankruptcy, and the worst we can do is admit a loss on these tens of billions of dollars."
When he said this, although Li Kai looked very free and easy, he was bleeding inside.
This is tens of billions of dollars, which means that most of their father and son's hard work was wasted in this merger.
After working hard for most of my life, I lost all my business.
Ordinary people simply cannot bear this kind of blow.
But Li Bancheng smiled.
He nodded, patted Li Kai's shoulder with his palm, and said, "Yes, you have matured a lot."
"You can handle this matter. In addition, you can contact the Xu family and tell them that we are interested in cooperating with the Xu family. Huanghe Industrial is willing to cross-shareholding with the Xu family. The industries in Hong Kong City are what they are interested in.
You can sell it to them at a low price."
Li Kai was startled and said: "Xu family? Xu Heng?"
"Not only the Xu family, but also the Li family, Li Wanji, Li Yaokang and his son, are all our potential partners," Li Bancheng said.
"But they know that now we are in financial difficulties and we can't go back to Hong Kong City. I'm afraid they will lower the price a lot? If we cooperate with them at this time, we will definitely suffer."
Faced with Li Kai's words, Li Bancheng said earnestly: "The immediate loss is not a loss. We must take a long-term view. What we focus on is long-term interests."
"Right now, we have suffered such a big loss in the acquisition of Leiman, and we are in urgent need of the help of powerful allies, and they are our best allies, because we now have a common enemy, which is Li Jin."
"Seeing that Li Jin's power is getting stronger and stronger, and the entire port city is about to be pulled over, will Li Wanji and the Xu family be willing? I'm afraid they are more anxious than anyone else now. In exchange, we can introduce our projects in Eagle Country to them
The two families work together.”
"There is money to be made and a common enemy. There is no reason for them not to agree. As long as the three families unite, we will still have half of the country in Hong Kong City. The sky will not fall."
Listening to Li Bancheng's explanation, Li Kai nodded slowly and said, "Well, I understand... I'll do it now."
At this moment, in Asami City, China.
Li Jin is looking at the rapidly falling secondary market.
"Although the collapse was severe, it was still close."
Li Jin narrowed his eyes slightly.
The collapse of a market requires more than an absolute crushing of shorts.
What is more needed is some iconic event that completely destroys all the confidence and final dignity of the market.
For example, in the past life, the complete collapse of the secondary market was triggered by the bankruptcy of Leiman.