Among the domestic capital games, the most sensational was undoubtedly the Baowang War. Vanke Shares were widely dispersed, and Yao held hundreds of billions in cash from an insurance company. He leveraged it to directly become the major shareholder of Vanke.
If it weren't for the last critical moment when Peng City's state-owned assets intervened, he would have succeeded.
Of course, what truly drove Yao out of the capital market was still the Baoge War.
Miss Dong stood up and outright rejected savage capital.
This led to the state-owned assets committees in two places simultaneously taking action, and the final result was that Yao was banned from re-entering the capital market.
Later, he ventured into new energy, but a capital game player dabbling in real industry naturally didn't fare well.
The news shows he was even blocked and beaten by his employees at the door.
This could be considered a huge disgrace for a billionaire of his generation.
