Novel Bin Chapter 26
Chapter 26: It’s Good to Be a Second-Generation Rich Person
Translator: EndlessFantasy Translation Editor: EndlessFantasy Translation
Just a few days ago, while Zhang Qidong had been looking for a new investment, he had accidentally come into contact with Pork Inc. Knowing that the price of pork was rising, he had kept this in mind. Then, he had studied the market overnight and, after carefully analyzing all the information, he had almost felt like he was flying from joy.
Based on what he knew, the price of pork would continue to rise during this period of time, so he had immediately bought Pork Inc. to make a big profit. Taking advantage of this momentum to make money, Zhang Qidong had directly invested 80% of the company’s money and had even found an agency to increase his leverage 10 times.
He hadn’t discussed this matter with the other managers of the company. Instead, he had directly taken matters into his own hands. After all, this matter had nothing to do with them. This money-making investment was all for him, so he could quickly expand the company. And because the company was his, he naturally didn’t need to tell his subordinates.
But what he hadn’t expected was that the day after he bought Pork Inc, the price of pork would begin to fall. This fall lasted for a week, and if this was a simple investment, it would have been fine. He could have gritted his teeth and endured it. However, this was an investment with ten times the normal leverage. If the price of pork fell below the average, then the agency would immediately remove all the leverage!
Then, he would lose everything! 80% of the company’s assets would evaporate overnight, and the company would go bankrupt! In that case, not only would he be penniless, but he might even be sent to jail! This possibility kept Zhang Qidong up the entire night, and he also added the last 20% of the company’s assets.
However, this decline was far from over. Zhang Qidong began to carefully check the market situation while borrowing money from everywhere he could. In order to avoid liquidating the company, he would make phone calls every day to borrow money. In the end, he borrowed everything that he could. Until today, that is, when he finally exhausted all his connections for 500,000 yuan.
The company’s financial account was completely empty, and that last 2,000 yuan was useless. However, the price of pork in the market continued to fall. This was the reason why Zhang Qidong was in such a sorry state at the moment.
...
He continued sitting in front of his desk, which he had not left for whole days and nights. The market chart on the computer in front of him had completely turned a diagonal line! Zhang Qidong glanced at the computer screen weakly, his bloodshot eyes looking a little ferocious.
As a person who had been working in finance for many years, he could instantly tell that if this trend continued, in less than half an hour, the price of pork would fall below the average! Then, if he could not fix it, the company would immediately take away his position, and he would be completely finished. The company’s tens of millions would instantly evaporate, and the company would go bankrupt. The tens of millions of debt on his back would also cause him to go to jail!
“Old Song, can you still think of a way out?” Zhang Qidong asked weakly, putting out the cigarette.
“Sigh! Brother Dong, the company has survived for many years.
“I’ll tell you the truth. In the past two days, I’ve even borrowed some money from our best clients!
“I’ve borrowed everything I could. Now, all I need to do is beg on the streets!” Song Yaozhong said hatefully with a sigh.
His heart ached as well. Even though he could still live comfortably after leaving this company, he had been building the company with Zhang Qidong for many years. The feelings in his heart were deep, and he ultimately couldn’t bear to part with it! Even though Zhang Qidong’s huge investment had failed, he didn’t blame him in the slightest. After all, he had also been trying to make the company bigger and better! God’s plan was better than a man’s. After more than ten years, he was wrong for once!
“I’ve got it. You go ahead and do your job. I’ll think of something else!” Zhang Qidong told Song Yaozhong after a long silence.
“Sigh!” Song Yaozhong knew that there was nothing he could do this time. In his eyes, Zhang Qidong was still his boss, even though he had gone bankrupt, so he could only listen to him and leave with a sigh.
Seeing Song Yaozhong leave, Zhang Qidong sat in his chair and pondered this for a long time. Then, he picked up his phone and made a few more calls, trying to find some funds. However, the calls he made were all ended without exception. As he looked at the declining price, Zhang Qidong collapsed in his chair, his eyes filled with despair. This time, he had miscalculated everything. He was done for!
“This can’t be, damn it!” Zhang Qidong couldn’t believe that his analysis had been wrong, but in the end, he laughed bitterly at himself. After all, no matter what he thought or what kind of move he made in half an hour, it was all out of his hands. All of this was totally meaningless.
The despair in his heart grew stronger and stronger, and Zhang Qidong could not help standing up and walking to the window. As he stood in front of the huge floor-to-ceiling window, looking at the bustling scene of Shanghai outside the building, his eyes were filled with unwillingness and regret. Then, he pulled open the window, and the wind instantly blew his hair, making it messy.
He did not care about any of this. He just held onto the window frame with both hands, half of his leg stepping out of it, ready to jump down. He wanted to die and put an end to all of this, just like countless bankrupt entrepreneurs! However, as he looked at the dozens of floors below, he hesitated.
Although Zhang Qidong had stepped halfway out of the window, after hesitating for a long time, he finally retracted his leg. He then took out his phone and turned on Douyin, wanting to see the short videos of his daughter and wife before he died. He wanted to hear their voices and see them smile one last time so he could apologize to them in his heart.
...
Standing in front of the window, he opened the application with trembling hands, and the first video that popped up was popular all over the city. It had only a few hundred likes, but the algorithm recommended it to him.
“The streets of Shanghai were shocked by a second-generation rich man driving a limited-edition Pagani supercar!”
Zhang Qidong looked down and saw a video clip of Jiang Feng getting out of the supercar in front of the Quantum Building in Shanghai. The focus of the video was on the car, so only Jiang Feng’s profile had been captured.
As he looked at the young man driving this luxury car, Zhang Qidong felt that he looked a little familiar for some reason. But at that moment, he didn’t have the heart to think too much about it. He just sighed with emotion.
‘It’s so good to be a second-generation rich person.
‘If I were one, I wouldn’t have to live such a hard life!’
Zhang Qidong sighed in self-mockery. Then, he directly swiped away at the video... He then opened his daughter’s account and looked at her most recent daily videos...