Beautiful CEO's Super Expert-Chapter 710: Crushing Decay with Ease

Situ Ping's expression turned serious as he patted Situ Ping on the shoulder:

"Third brother, it's not that I'm blaming you, but this has made our funds very tight."

"I understand."

Situ Ping nodded heavily.

"By the way, that company that outbid us, what company is it? Is it one of our old rivals?"

Situ Ping suddenly asked.

"No, it's some company called Yatai, never heard of it."

Situ Ping shook his head.

Upon hearing the name, Situ Ping also furrowed his brows in thought...

That day, aside from the Zheng Family and Situ Family, the Su Family, Pei Family, and Shen Family groups all faced some significant problems.

That day, those in charge of the family businesses among the great families were all frantic with worry, including the Pei Family, whose industries were also impacted.

However, what they didn't expect was that this was just the beginning, and more severe challenges were still waiting for them!

In the following days, the core industries of the great families were subjected to even more fierce attacks, causing widespread panic.

The elders, who had stepped back from business affairs, also came out one by one to take control of the situation.

For instance, the Zheng Family, with their core industries in finance and technology; the Su Family's energy and software sectors; the Shen Family's medical and smart industry; and the Situ Family's real estate and hospitality sectors.

These core industries of the great families all suffered relentless assaults from the Jinsheng Group and Belle Group.

Indeed, by this point, Ruoxue and Su Jin had stopped keeping things under wraps because most tasks are challenging for newly registered companies.

Moreover, by now, those newly registered companies had fulfilled their mission.

Ruoxue and Su Jin had founded those new companies primarily to confuse the great families and to buy time, so they wouldn't quickly associate it back to them, and that goal had mostly been achieved.

Besides, after a few days of investigation, with the capabilities of the great families, they could also figure out the true backgrounds of these companies.

Even if they couldn't find out, they could guess!

When considering who has the motive to target the Five Great Families simultaneously, who else could it be but Su Chen?

And naturally, closely related to him were Belle Group and Jinsheng Group!

However, what they couldn't understand was where those two groups got such confidence to make moves against the core industries of several major families at the same time!

According to their estimates, the adversary was only striking like a lion fighting a rabbit, taking one bite and being done with it, because their funding couldn't possibly support such extensive maneuvers!

But unexpectedly, after they took that bite, they wouldn't let go!

The uncertainty that emerged across the major families was how they could have so much money?

Even if the entire worth of Belle Group and Jinsheng Group were gambled, it wouldn't be enough!

Apart from these core industries being hit, there was an even more worrying issue for them, and that was the capital market.

In recent days, an endless stream of negative news about the major families' core industries had spread across the internet, unstoppable!

The immediate consequence was their core industries' stocks being sold off en masse, causing the prices to plummet rapidly!

The core assets of these families were listed individually, not as entire groups packaged together, which is common practice for large conglomerates.

Therefore, on one hand, the major families had no choice but to increase their investments in their core industries to counter Jinsheng Group and Belle Group, while on the other hand, they had to allocate a significant amount of capital to attempt to stabilize stock prices and confidence!

Their cash flow was tighter than it had ever been, though their groups were large, they also had many industries!

However, it was at this time that Belle Group and Jinsheng Group played their deadliest move!

Lin Ruoxue and Su Jin directly dumped a large quantity of stocks they had acquired earlier, causing even greater panic among stockholders who still held shares in the major families' core industries, who then also began to sell off!

As a result, the stocks of the companies within the major families' core industries nosedived in a cliff-like drop, leaving the people of the Five Great Families hanging their heads in defeat, as though they'd lost their parents!

Yet their nightmare was far from over; Lin Ruoxue and Su Jin then invested heavily in shorting those companies' stocks, using three to even five times leverage!

This was truly terrifying!

With market reactions also in play, many funds and big investors began to short as well, and the Five Great Families, powerful as they might be, could not hold on!

Many things in the capital market are like an avalanche; once started, they cannot be stopped!

With Lin Ruoxue and Su Jin's dizzying combination of moves, the people of the Five Great Families were completely dumbfounded as their core industries nearly totally collapsed!

They not only lacked the strength but also the capital to patch up the huge gaps in their core industries!

God knows how much money would be needed to fill these holes, and one false move could have severe repercussions!

Having no choice, they could only decide to cut their losses!

At this juncture, Jinsheng Group and Belle Group, who had prepped in advance, immediately started buying at rock-bottom prices, and in just a few short days, had already taken control of over half of the core industries of the major families!

However, they couldn't be too greedy in their victory and had to leave some for others. After all, even they would struggle to swallow everything!

Yunlong's company, with its favorable position, naturally gained a lot too, scaling up significantly!

Over these days, the business world of Yandu had truly come to recognize Belle Group, as well as the woman Lin Ruoxue!

She was indeed a formidable woman!

This battle targeting the major families came fast and ended just as swiftly!

About a fortnight had passed, and the curtain had essentially fallen on these events!

In the aftermath, the Five Great Families suffered heavy losses, their vitality severely damaged!

Except for the Pei Family, which lost relatively less, about less than one-fifth,

the other families lost at least one-third of their assets, with some even losing up to half!

Of course, with losers, there are winners; through this battle, Belle Group leaped to become one of the top-tier conglomerates, basking in glory for a time!