sbdcsierra Chapter 171: Can't short sell a company if it's not publicly listed?
Chapter 171: Can't short sell a company if it's not publicly listed?
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Yan Xiao stood in the lobby on the first floor.
He looked at the middle-aged man in casual clothes who was speaking to him.
Yan Xiao's face showed an expression of utter contempt.
He felt that Li Ze was just an ordinary person.
Yan Xiao, hands on his hips, asked loudly:
"Where did you come from? Who do you think you are! And you want me to admit my mistake? What mistake have I made? What did I do wrong?"
Li Ze is not Li Guoqing.
He is the world's richest man; he has seen countless grand occasions in the world.
He certainly wasn't afraid of Yan Xiao in the slightest.
At the same time, Li Ze was too lazy to waste a single word on Yan Xiao's unreasonable behavior.
Because of his eighteen years of hard work in business, Li Ze had long been very clear about one thing.
In business, if two people are just standing there arguing, that's not business competition at all.
Real business competition is a life-or-death first-round contest, where money and power are used to completely defeat the other party, ensuring they can never recover.
Li Ze did not hesitate at all.
He turned his head and instructed the old man standing beside him:
"Old Yi, make the arrangements immediately. I'm going to short Yaoshi Real Estate Company. At the same time, I want to expose all the negative aspects of this company to everyone."
The old man walked over and nodded very respectfully to indicate that he understood.
Then, Lao Yi took out his phone, walked to the side, and started making calls to instruct his subordinates to handle the matter.
at the same time.
Yan Xiao saw Li Ze make these moves and heard what Li Ze said.
Instead of being afraid, he laughed loudly.
"Hahaha!" Yan Xiao pointed at Li Ze and laughed loudly.
"Hey, are you some kind of escaped patient from a mental hospital? Are you out of your mind?"
"My real estate company isn't even publicly listed! We don't have any stock! What are you using to short our company?"
Yan Xiao became increasingly smug as he spoke, and he continued to shout loudly:
"Besides, you're some nobody who popped up out of nowhere, trying to expose our company's scandals? Please, our company is completely legitimate; we don't have a single scandal!"
When Yan Xiao finished speaking, he turned around and glanced at the company employees standing behind him.
Upon hearing their boss's words, the male employees nodded repeatedly and loudly agreed that their boss was right.
However, these employees are actually very clear about this in their hearts.
In recent years, Yaoshi Real Estate has suffered from poor management due to the owner's mismanagement.
The company owes a large amount of wages to its external workers.
Moreover, the company used various substandard materials when building the house.
These practices led to serious safety issues in several of his construction projects.
However, it's not their responsibility to cause problems like this, as ordinary employees.
So now that the boss has spoken, they just nod in agreement, since they still need to get paid and eat here.
Li Ze merely sneered upon hearing Yan Xiao's words.
He looked at Yan Xiao and said in a very relaxed tone:
"Your company can't short sell just because it's not listed? Yan Xiao, as the boss, that's all you can see."
Li Ze took a small step forward and explained to Yan Xiao very frankly:
"Shorting a company that isn't publicly listed is indeed very difficult. However, if I have enough money, it's a very simple thing."
"I can spend money right now to buy all the debts your company has incurred. Then, your building material dealers will be notified today that your company cannot settle accounts with them on time."
"Not only that, the safety reports for those unfinished houses you have will soon appear on the desk of the city's construction committee leaders."
Li Ze looked into Yan Xiao's eyes and slowly asked:
"By then, facing a bankrupt company that nobody believes in, all its debts are due, and all its construction sites have ceased operations, how long do you think you, as the company owner, can remain free to roam the streets? When do you think the police will come and arrest you?"
Upon hearing Li Ze's words, Yan Xiao's expression instantly changed.
The arrogance he had just displayed vanished almost entirely in an instant.
He found that the man in front of him seemed to know a lot about business operations, and that what he said was very professional.
Yan Xiao asked, somewhat stammering:
"Who...who exactly are you?"
Li Ze shook his head and answered very calmly:
"You are not qualified to know who I am."
He felt that Li Ze was just trying to scare him.
He felt that Li Ze was just putting on an act to scare people.
Yan Xiao loudly encouraged himself and said:
"Hehe, alright. What you just said, you acted it quite convincingly."
"If the boss of a small company heard what you said, he would probably be scared off by the small number of people you brought and your frightening words."
"But do you know who I am?! I'm Yan Xiao! I'm the big boss of Yaoshi Real Estate! I've been in business for so many years, what storms haven't I weathered?"
"You think you can scare me with your cheap tricks? You're dreaming!"
At the same time, Yan Xiao pointed his finger at Li Ze and loudly threatened him:
"I've never seen your face before in all these years in Jincheng! I advise you to behave yourself and get your men out of my company right now!"
"Otherwise, since you're causing trouble here today, I can just call the police right away. They can arrest you all and lock you up!"
After Yan Xiao finished speaking about Li Ze, he pointed his finger at Li Guoqing, who was standing behind Li Ze.
Yan Xiao said viciously:
"And you too! You old geezer!"
"You think you can save your son in the hospital? Let me tell you, the director of Jincheng Central Hospital is a good friend of mine who often dine with me! I just need to make a phone call, and you can expect your son to die in a hospital bed!"
When Li Guoqing heard Yan Xiao threaten him with his son's life, he was immediately furious.
He pointed at Yan Xiao and shouted, "You!"
Everyone present understood perfectly that Yan Xiao was blatantly threatening the life of Li Guoqing's son.