Chapter 22 Stock Price Plummets, Su Qiao'er: I'm Doomed

When Su Qiaoer saw the content on her phone, her face turned ugly.

"What is going on?"

Zheng Tian had clearly said everything was under their control, so how did it suddenly turn into this?

The cancellation of cooperation, which she had thought was her trump card, had unexpectedly been resolved within just a few days as Zheng Group found several companies to take over, instantly stabilizing Zheng Group's situation.

And...

Among the companies taking over, Su Qiaoer also saw the name of Tengfei Group.

"Tengfei Group? Didn't Zheng Tian say he had already persuaded Tengfei Group to support them during the board vote? Then how could Tengfei Group be taking over the projects?"

At this moment, countless questions flooded Su Qiaoer's mind.

Su Qiaoer knew that Zheng Group had already weathered the danger, but the danger wouldn't disappear; it would only shift. Now, it was Su Group's turn to be in danger.

Because she was very clear about the future potential of these projects.

These high-quality projects that should have belonged to Su Group had become the property of other companies because of her own actions; Su Qiaoer certainly couldn't accept this.

She took out her phone, found Zheng Tian's number, and dialed it.

Meanwhile, at the Zheng Family Villa, Zheng Tian received the call from Su Qiaoer. Zheng Tian knew that the reason she was calling him now must be because of Zheng Group's situation. Although he didn't know how to explain it once he answered, he had to take the call.

He answered the phone.

"Su Qiaoer."

Zheng Tian's tone was full of bitterness.

"Zheng Tian, what is going on? Why do I see Zheng Group cooperating with several groups to develop those projects we cancelled? And why is Tengfei Group among them? Didn't you say Tengfei Group was supporting Father Zheng?"

A series of questions poured out of Su Qiaoer's mouth. Hearing this, Zheng Tian couldn't help but swallow hard.

"Su Qiaoer... we were deceived."

"Just now, Wu Xing of Tengfei Group said that no matter what conditions we offer, he will firmly support Zheng Jie."

What?

Su Qiaoer took a deep breath, her eyes filled with disbelief.

"But hasn't Father Zheng already contacted Qian Zheng? Although Wu Xing is powerful, does he really dare not give face to Qian Zheng? Isn't he afraid of retaliation?"

Su Qiaoer was very clear about Qian Zheng's weight. It was no exaggeration to say that Qian Zheng's favor carried immense weight in the entire business world; unless you wanted your company to go under, you wouldn't offend him. A few days ago, when Su Qiaoer heard that the Zheng family had asked Qian Zheng to step in, she felt that this matter was definitely settled.

After all, in the business world, no one would offend Qian Zheng. But she hadn't expected Wu Xing to be so bold; even with Qian Zheng stepping in personally, he couldn't be persuaded? What on earth had Zheng Jie done to make Wu Xing support him so firmly? Could it be that Zheng Jie gave Wu Xing something?

"Qian Zheng... has been arrested."

"Just a while before this joint announcement, Qian Zheng was taken away during a meeting."

"Su Qiaoer, this matter is very complicated. At the moment, I don't really know what exactly happened either."

Hearing this, Su Qiaoer took a deep breath.

She was now very clear that she had encountered trouble.

After all, these projects were truly too important. She had originally thought Father Zheng would regain the position of Chairman, which was why she chose to cancel the cooperation. She had assumed that once Father Zheng returned as Chairman, Su Group would resume cooperation with Zheng Group. But she hadn't expected that Zheng Jie would still be the Chairman of Zheng Group, and more importantly, that those projects had been taken over by other companies.

How could this be?

Su Qiaoer could already imagine the storm she was about to face.

"Where is Father Zheng? I want to speak with him."

"My dad... is still in a coma."

Hearing this, the veins on Su Qiaoer's hand, which was gripping the phone, stood out. It was clear that she was also restraining her emotions. Just then, a hurried knock on the office door was heard.

Hearing this sound, Su Qiaoer took a deep breath to calm herself down.

"Zheng Tian, then you take care of Father Zheng first."

"I have other matters to attend to here."

After saying this, Su Qiaoer didn't wait for his reply and hung up the phone directly. Su Qiaoer didn't dare to say another word, for she was afraid she would start cursing the very next second.

Looking at the hung-up phone, Zheng Tian's face was full of complex emotions.

He had thought victory was within their grasp, but what had just happened was like a slap in the face. Let alone Su Qiaoer, even Zheng Tian wanted to know exactly how Zheng Jie had managed to do this.

On the other side, after hanging up, Su Qiaoer called out, "Come in."

The next second, the secretary pushed the door open and walked in.

"Chairman Su, it's bad. The company's stock price has dropped significantly. Please take a look."

Hearing this, Su Qiaoer looked up.

The chain reaction from Zheng Group's announcement had appeared. Although Zheng Group's stock price had also dropped quite a bit during this period, people in the market felt that there was a high probability that Zheng Group had no other companies capable of taking over these projects. Therefore, they believed that, barring any accidents, it would ultimately still be Zheng Group and Su Group cooperating.

So in this situation, the decline in Su Group's stock price was still within a normal range. But now that Zheng Group had announced other companies were taking over the cooperation on these projects, Su Group was instantly kicked out, so Su Group's stock price began to plummet crazily.

"I see."

At this moment, Su Qiaoer hurriedly clicked on her computer screen. Sure enough.

Ten minutes ago, Su Group's stock had shown a significant decline.

Although it had only dropped by 1.7 yuan, don't forget, this was just in the last 10 minutes. If it continued to develop like this, Su Qiaoer didn't know what level the stock price would drop to.

Perhaps it would... completely collapse. At that time, the shareholders, directors, or senior management...

Thinking about what she would have to face, Su Qiaoer felt a headache.

Under normal circumstances, she would definitely need to do something to stabilize the stock price. But Su Qiaoer thought about it carefully and found that she had no way at all, unless she could find a project with future potential exceeding these projects in such a short time. But where could such a project be found? So for Su Qiaoer, this was a dead end.

Just then, Su Qiaoer noticed the stock price had dropped again, breaking the 2 yuan mark. And it seemed more and more people knew the news that Su Group was going to finish, so the decline was getting larger and larger.

2.4 yuan. 2.7 yuan. 2.9 yuan.

In less than half an hour, the decline officially broke through 3 yuan.

Now Su Qiaoer's mentality had exploded. If it continued to drop according to this trend, then today the stock price would evaporate by at least 30%. That was nearly 200 billion in wealth.

If such a situation really occurred, several shareholders on the board would definitely question her. After all, when she originally chose to cancel the cooperation with Zheng Group for the sake of the Zheng family, these shareholders hadn't been very willing; it was only because of her strong push that they gritted their teeth and agreed.

As a result, now that it had turned into this, those shareholders wouldn't let her off. And most importantly, there was also the Second Uncle's family eyeing her position covetously.

Just then, Su Qiaoer's phone suddenly rang. It was a call from the Public Relations Department. She answered.

"Chairman Su."

"The news of our stock price drop has already appeared on the hot search."

Hearing this, Su Qiaoer was slightly stunned. She immediately clicked on the hot search list. The entry "Su Group Stock Price Plummets" was already in the top ten. Barring any surprises, within 20 minutes, it would likely be at number one. And this public opinion would cause the entire Su Group's stock price to continue to drop.

And as the stock price continued to drop, retail investors holding Su Group stock would become even more panicked. This panic would cause these people to choose to immediately dump the stocks in their hands. In this way, the stock price would continue to drop, then forming a vicious cycle.

"What is going on with you in the Public Relations Department? How can this kind of entry appear on the hot search? I spend so much money every year to keep you all, and you can't even handle this kind of thing?"

Su Qiaoer was already in a bad mood, and now that this had happened, Su Qiaoer couldn't hold it back completely and started cursing. The staff in the Public Relations Department also felt a bit aggrieved.

The issue with this hot search was that it appeared too quickly. After this entry appeared, it was on the hot search in less than ten minutes. Under normal circumstances, how could it be so fast? Therefore, the people in the Marketing Department believed that someone might be intentionally manipulating it from behind the scenes.

Who could it be? Zheng Group? Some time ago, Su Group's cancellation of cooperation had completely offended Zheng Group. Now that Zheng Group had stabilized the situation, it seemed very normal for Zheng Group to choose to retaliate.

It was also possible that it was other competing companies. After all, the business circle looked harmonious, but everyone knew this was just a facade, especially for companies with competitive relationships; in their hearts, they wished for the other party to go bankrupt immediately.

Now that Su Group had encountered trouble, there would certainly be many competing companies thinking of taking advantage of someone's illness to take their life, stepping on the gas pedal on the road to Su Group's collapse.

Moreover, besides these two possibilities, it could also be that Su Qiaoer's Second Uncle did it, to completely make Su Group's stock price continue to fall, making the board dissatisfied with Su Qiaoer. If the board removed Su Qiaoer, perhaps the Second Uncle's family would take over.

So now the Public Relations Department at Su Group didn't know who did this. After all, there were too many suspicious people; everyone had a motive and also the ability to do this.

"Chairman Su, this hot search appeared too quickly; we simply didn't have time to react. Currently, we are communicating with the platform over there to take the hot search down first."

The Public Relations Department staff hurriedly said at this moment. Taking down a hot search was no problem; as long as one was willing to spend money, it was fine. Su Group still had that bit of money.

Hearing this, Su Qiaoer took a deep breath.

"Remember, take the hot search down for me as fast as possible, do you hear me? If you can't even handle this matter well, then resign and get out."

Perhaps because she was worried that they wouldn't handle it well, Su Qiaoer added a threatening tone to this sentence.

"Understood."

Ending the call, Su Qiaoer's face was dark and uncertain. She now had a splitting headache. She knew she had to find a way to control the situation now, but the problem was, she didn't have any good methods at all.

In just a short period, Su Group's stock price had already dropped by a full 5 yuan, which directly caused the entire Su Group's assets to evaporate by tens of billions.

Just as Su Qiaoer was getting a headache over how she should handle this matter, a knock came at the door.

"Come in."

The next second, several people walked in. When she saw these people, Su Qiaoer's heart skipped a beat. She stood up subconsciously. These few people were several directors of Su Group, and they were also directors who held many shares.

"Uncles, why are you here?"

Su Qiaoer's words were purely rhetorical. Why they came here was definitely because of Su Group's situation. After all, in such a short time, the stock had already dropped by 5 yuan. If it continued like this, by the end of today, it would likely have dropped by over a hundred yuan.

"Su Qiaoer, we came here needing you to give us an explanation."

"Back then at the board meeting, it was you who said Father Zheng would win in the internal struggle of Zheng Group and become the Chairman of Zheng Group again. That was why we agreed to pass the proposal to cancel the cooperation with Zheng Group. But why has it turned into this now? Zheng Jie's position as Chairman of Zheng Group hasn't wavered at all; on the contrary, it is becoming more and more solid. And the cooperation for the few projects we cancelled has been taken over by other companies. I think as the promoter of this matter, you need to give an explanation. And now that the stock price has dropped significantly, you must make the stock price go back up."

Listening to this series of words from the other party, Su Qiaoer's face was ugly. But she also knew that what they said was right. After all, this matter had been strongly pushed by herself, and now that problems had arisen, no matter how one looked at it, she needed to find a way to solve it.

"Uncles, this matter was my misjudgment. But please rest assured, Uncles, I will definitely stabilize the situation and make the stock price rise back up."

Su Qiaoer also knew this was very difficult, but if she didn't say it this way, she would immediately leave the position of Chairman. By saying it this way, she could still delay some time. What if there really was a way in the meantime? Right?

Hearing this, several directors looked at each other.

"We can only give you this week. Before the end of Friday, if you still have no way to solve this matter well, then we can only consider whether you are still suitable for the position of company Chairman."

"Please rest assured, Uncles, I will definitely solve this matter well."

Hearing this, one of these people looked up, his eyes full of disdain. And this disdainful person was Su Qiaoer's Second Uncle.

In Su Group, Su Qiaoer's family together held 21.4% of the shares, while Su Qiaoer's Second Uncle's family held 14.9% of the shares. Neither was a small amount. And now, Su Qiaoer's Second Uncle couldn't wait for Su Qiaoer to get out of the current Chairman position. In that case, he would have a chance.

After sending these people away, Su Qiaoer took a deep breath.

"This time... it is really trouble."

Looking at the currently constantly falling stock, Su Qiaoer's face was ugly. In the situation where there was no good way, Su Qiaoer knew that only one path remained. That was to throw money at it.

As long as someone on the market was selling stock, they would buy it back. In this way, they could maintain the stock price so it wouldn't collapse too severely. But the downside was that Su Group would need to invest a large amount of capital.

But Su Qiaoer thought about it carefully and found that for now, this was the only way. Although it was a bit clumsy, it was still much better than watching the stock price drop bit by bit while she took no action.

Therefore, after thinking for a moment, Su Qiaoer dialed the Investment Department and the Finance Department.

"Everyone come to the conference room for a meeting immediately."

After saying this, Su Qiaoer walked directly towards the conference room. Now everyone in the company knew about the stock matter, plus the fact that those few shareholders had come to the office aggressively just now, as well as Su Qiaoer's current cold, frosty face, so staff members along the way didn't dare to breathe loudly when they saw Su Qiaoer, for fear of being scolded.

It could only be said that Su Qiaoer was no longer as relaxed and comfortable as she was a few days ago. If she had a way to go back to a few days ago, she would definitely slap her past self. Telling you to trust the Zheng family so much, to trust Zheng Tian... are you happy now?