Chapter 2378: That chap sure is riding the crest of success!
Translator: Atlas Studios Editor: Atlas Studios
Many media personalities caught wind of the news that Second Mu was quite satisfied with Mu Yancheng.
Mu Yancheng?!
Is he up to the task?
Can he achieve great things just like what his capable predecessor did should he become the new leader?
Impossible.
Everyone knew full well that no one within the Mu family could replace Mu Yazhe’s position or surpa.s.s, much less replicate, his achievements and that everyone’s confidence in the Mu Group would drop greatly following his leaving.
Just as what he said previously, the Mu empire, without him, would really be nothing but an empty sh.e.l.l. Not only would the share prices tumble down, many investors with close ties to the company would also, one by one, withdraw their shares.
In that case, the Mu Group would sooner later be trampled on by him.
While the Mu Group was in an upheaval, Shengyu Financial Group had swiftly launched bold and offensive attacks with grand momentum, which revealed Mu Yazhe’s shrewdness in business.
The reason why those shareholders and investors had chosen to withdraw their shares, despite having invested in profitable projects, was that they had lost confidence in the Mu Group.
The young man’s departure signified that the Mu empire had lost a capable leader, which in turn, meant that the company would lose its leading position on the brutal market.
He had been quietly waiting for the day the Mu Group announced his resignation all this while.
After those companies had chosen to pull out their investments from the Mu Group, he sent Jiang Shen and Lu Jinyu to reel them in.
The next day after the Mu Group had released that announcement, Shengyu Financial Group announced that it would soon be undergoing a new round of financing and that Mu Yazhe was now the company’s legal person.
All thanks to Song Zhengguo, he had managed to acquire that land in Xin Cheng, which in turn, let his company undergo a smooth round of financing, achieve results that far exceeded his expectations in just the span of several days. One week following the Mu Group’s announcement, Shengyu Financial Group became a listed company on New York Stock Exchange.
The day the company became listed, it achieved unprecedented results in history, opening at USD 99.32 per stock with a total market value of USD 452.4 billion. The results, which were the effects of Mu Yazhe’s extraordinary attention-grabbing capabilities, even far exceeded the man’s initial expectations!
Prior to this, many people had taken notice of this high-profile group, which had accomplished extraordinary feats in just a few years. With it becoming a listed company, it soon climbed to a leading position, overtaking many famous, local enterprises in the States.
This meant that his net worth rose to billions as soon as Shengyu became listed.
This news soon reached the ears of the Songs.
That night, Song Zhengguo went home angrily and tossed the financial newspaper on the living room’s table as soon as he got back. “That chap had it all planned! To think I was still wondering why he could so coolly and easily give up the Mu Group’s CEO position! Hmph! It turns out that he’s been secretly been plotting and growing his influence years prior! Shengyu Financial Group has just become a listed company, yet its stock has risen to USD 120 by the end of the day! He sure is riding the crest of success now!”
Feeling baffled about the situation, Jiang Qimeng hurriedly asked her husband what was going on.
He tugged at his necktie irritatedly while pacing about before he suddenly slammed his fist on the table in anger and did something he usually would not do: swear. “I’ve been seriously played by him! D*mn it!”