Chapter 1602 - Something Big Happened
Chapter 1602 - Something Big Happened
Gu Zhihuan, who had been partying all night, looked up the stock market on her phone at eleven o’clock in the morning. She intended to take a quick look at the market before returning to bed, but instead, she immediately jumped out of bed, and since she did not even have time to change her clothes, she walked barefoot to Grandfather Gu’s studyroom in her pajamas.
"Grandfather! Did you see the market today? Gu Enterprise’s shares dropped to the daily limit!" Gu Zhihuan was shocked as not only did the stock price of Gu Enterprise fell, but the other stocks in her hands had also decreased by different values. All the money invested was gone. Gu Zhihuan’s heart was aching.
Old Master Gu, who was originally in a bad mood, became more agitated when he saw Gu Zhihuan walking into the room with a messy appearance, " What are you doing?! Why are you not dressed appropriately that befits your status?!"
Gu Zhihuan was dazed. She could not be bothered by how she was dressed, "Grandfather, this is not the right time for you to be concerned about my appearance now. Gu Enterprise’s stock price has fallen by the daily limit. This has never happened before!"
The old man looked depressed. He had been monitoring the stock price since it started at 9:30 am and had not left the study since then. Therefore, he had known that the stock price had dropped by the daily limit.
"Grandfather, what should we do now?" Gu Zhihuan was the idle shareholder of the Gu Corporation. She lived off the free shares she acquired, thus her interests and money were directly linked to the company.
"That’s enough! Stop talking. Grandfather knows what to do!" Gu Zhiming sat there with a sour look on his face. Stocks of the Gu Corporation had plummeted, and no one in the Gu family would be happy about it, "Big brother will handle this issue. Fortunately, Gu Corporation is not a small, weak business; and the limit is just one day. It’s nothing major."
Gu Zhihuan breathed a sigh of relief after hearing Gu Zhiming’s words. She sat on the sofa with an aching heart at the thought of losing money.
The moment Gu Zhilin returned, Gu Zhihuan immediately stood up, "Big brother, what happened with the stocks?"
There was no time for Gu Zhilin to pay any attention to Gu Zhihuan. He walked straight to Grandfather Gu’s table.
"You should be at the company taking charge. Why did you come back?" Grandfather Gu asked in a deep voice. He frowned, "Did something happen?"
"Grandfather, our partnership with the Fang family and the M Nation’s WR company was revoked. The other party accused us of fraud and tampering with the tender doc.u.ments. Not only did they discontinued our partnership, but they also threatened to sue us and take legal action," Gu Zhilin panicked.
Gu Zhihuan’s eyes widened as she sprang up from her seat when she heard this, "How is this possible? Things are going well for the partnership and it’s about time for the project to start. How did things turn out this way?"
Gu Zhilin shook his head, "There was a report indicating that our company was accused of bribing an internal member of WR company. After reviewing all the bidding doc.u.ments yesterday, WR discovered a loophole and disqualified us. They also claimed that they would sue the Gu and Fang companies for fraud and industry bribery!"
Upon hearing this, his sister sat down powerlessly on the chair, "Who?! Who spread these rumors?! Who is it?!"
Gu Zhilin was speechless. Partnering with WR was a big project for the Gu Corporation this year, thus they had teamed up with the Fang Corporation to take down this project due to their limited business scope. However, such a horrible turn of events occurred at the last moment.