Chapter 137: Start fighting and attack Letian Group
"Hunting the Bangzi Guoletian Group!" Yang Chen said.
Pacquiao was happy when he heard this and said quickly: "Okay! As long as we are not shorting our Bald Eagle's stock."
Yang Chen smiled and said: "Then it's settled, just wait for my news."
Yang Chen called Pioneer Navigation President Buckley again and invited him to participate in this hunt for Letian Group.
As we all know, Bangzi is a dog of the Bald Eagle family. Taking the financial giant of the Bald Eagle family with him will not only make things more likely to succeed, but also avoid not getting the funds back after the transaction is completed.
Yang Chen called the presidents of the five major banks again and invited them to participate in the hunt for Letian Group.
It's still the old rules, the five major banks provide accounts and funds, Yang Chen handles operations, and the profits are split in half.
Everything is ready and the operation begins.
Yang Chen ordered the five major banks, BlackRock and Vanguard to lend and sell as many shares of Letian Group as possible, and at the same time, open as many short options as possible.
After completing these operations, Yang Chen began to perform.
Yang Chen called Mr. Ma of Alibaba.
"Mr. Ma, please do me a favor and seal off Letian Supermarket's flagship store in Cat City." Yang Chen said.
Mr. Ma also heard about Yang Chen and President Le Tianlong, and said with a smile: "I saw the news, but me closing his flagship store will not have much impact on him."
Yang Chen replied: "Don't worry about it, just block it. If it is convenient, it is best to issue an announcement that you will no longer cooperate with Letian Group."
Mr. Ma did not dare to refuse Yang Chen.
First, the valuation of the Sihai Sports equity held by Mr. Ma has doubled. In the future, after Sihai Sports is listed and raised, he can cash out, and he can earn at least 20 billion.
For this reason, Mr. Ma also had to help Yang Chen.
Second, Yang Chen is now polite first and then ready to fight. Now he is asking Mr. Ma for help. If Mr. Ma is not decent, Yang Chen has to help him be decent.
The tragic experience of Penguin Holdings is still fresh in my mind. Brother Ma does not want to follow the footsteps of Brother Ma, who has to be obedient after being taught a lesson.
So, Mr. Ma smiled and said, "No problem! I'll ask someone to do what Director Yang said right away. They also have a store over there in Jingdong, so you'd better say hello there."
Yang Chen smiled and said: "OK! Thank you, Mr. Ma, for reminding me. I'm hanging up."
Yang Chen immediately called Mr. Liu of Jingdong. With the money that Jingdong Pharmacy made from Sihaishengbei Pills and Slimming Pills, Mr. Liu couldn't refuse Yang Chen's request.
As a result, Alibaba and Jingdong issued announcements almost at the same time.
“After careful consideration, our company has terminated all cooperation with Nanbang Guoletian Group and immediately removed Letian Supermarket’s flagship store in Cat City, Cat City, Taobao, Alibaba Wholesale Mall, Alibaba International Station, all Block products and keywords related to Letian Group. This announcement will take effect immediately. ”
"After careful consideration, our company has decided to terminate all cooperation with Nanbang Letian Group, immediately remove Letian Supermarket-related stores and products, and platforms such as Jingdong and Surprise will block Letian-related products and keywords across the board. This announcement is immediate Effective! ”
The two major e-commerce giants blocked Letian at the same time, and it quickly became a hot search topic.
"I'm sorry, is this Boss Yang's effort? Only he can make Ali Gaba and Jingdong shield Le Tianba at the same time."
"At this moment I know what it means to be a business boss. Even those as powerful as Arigaba and Jingdong have to obey Boss Yang's orders."
"Will Pin Xixi follow up? If Pin Xixi also follows up, then Letian Group will say goodbye to Longguo Network completely."
……
At this time, Pinxixi headquarters.
After seeing the public opinion on the Internet, the chairman's secretary immediately reported the situation to Chairman Chen Shi.
Chen Shi didn't dare to be careless and quickly called Huang Cheng, the boss behind the company.
"Mr. Huang, Alibaba and Jingdong have blocked Letian. Do we want to follow up?" Chen Shi asked.
Huang Cheng smiled and said: "You are the chairman, you just make the decision."
Chen Shi laughed loudly and said: "I want to hear your opinion before making a decision."
Huang Cheng replied with a smile: "Penguin can't withstand his short selling, can we? Nike, Goldman Sachs, Coca-Cola, Qiansheng, so many giant companies have succumbed, can we withstand his pressure?"
Chen Shi immediately replied: "That's right! Okay, don't bother Mr. Huang anymore, hang up."
After hanging up the phone, Chen Shi immediately asked his secretary to send an announcement to terminate all cooperation with Letian and block Letian's keywords and products on all Pinxixi apps and websites.
"After careful consideration, our company has decided to terminate all business cooperation with Letian Group, immediately remove and block all Letian products and keywords. This announcement takes effect immediately!"
On the other side, Brother Ma came to work.
The secretary quickly reported the report: "Mr. Ma, Alibaba, Jingdong, and Pinxixi have all blocked Letian's products and keywords, and terminated all business cooperation with Letian Group. Do we want to follow up?"
Brother Xiao Ma looked at the announcements from several companies, and then said: "They have all taken action, and of course we must be consistent. You make an announcement to terminate cooperation with Lotte Group, and Penguin internally blocks Lotte products and Keywords. Oops, I have to call Director Yang. We still have the stock of Letian Group to see if he wants to go short. I can help him.”
The secretary nodded and quickly issued the announcement.
"After careful consideration by the senior management of the group, our company has decided to terminate all cooperation with Letian Group and block Letian keywords on all platforms within the Penguin Ecosystem. The shares of Letian Group held by our company will also be sold according to the situation. This announcement Effective immediately.”
The announcement about Pin Xixi and Penguin also quickly became a hot search topic.
"Let me tell you, Pin Xixi and Penguin have also followed up, and now only Douyin is the only one left. If Douyin also follows up, it can basically announce that Letian bids farewell to the Dragon Kingdom."
"Wow, so many giant companies are siding with Boss Yang. Isn't it a bit unreasonable? Isn't this bullying others? It was obviously Boss Yang who beat people, but not only did he not apologize, he also entangled his party members to deal with the victim. Tsk tsk tsk tsk tsk tsk tsk tsk tsk …”
"Letian Group probably never expected this result. It can only be said that they have provoked people who should not and cannot be provoked. They cannot afford the consequences!"
……
Netizens said that Douyin did not make an announcement, but platform users found that the Douyin mall could not search for Letian-related keywords, and there were no Letian-related products. Douyin also sent anchors who had brought Letian products I sent a private message and asked these anchors to choose products carefully.
Obviously, Douyin is also on Yang Chen's side, but Douyin also has an international version. The senior management didn't want to be too high-profile and cause trouble for the international version, so they followed up quietly.
At this time, Yang Chen was on the phone with Brother Xiao Ma.
"Haha... Mr. Ma is so interesting! You are worthy of being my partner." Yang Chen said with a smile.
Brother Xiao Ma laughed loudly and said: "Director Yang has said that we are partners, so naturally I will stand on the side of the partners. Our company also holds about 3.4% of the shares of Letian Group. Do you want to take action? ”
Yang Chen said with a smile: "You can just sell it directly. The sooner you sell it, the better."
Brother Ma quickly replied: "Okay! Then I will ask people to sell it quickly."
At this time, the headquarters of Nanbang Letian Group.
Chairman Xin Xiangdong looked at the news sent by his secretary and screamed angrily.
"Axi... Damn Yang Chen, he is trying to force them out of the Dragon Kingdom market! Have these company bosses lost their minds? Why should they obey Yang Chen's command?" Xin Xiangdong roared angrily.
After calming down for a while, Xin Xiangdong smiled again.
"Supermarkets and department stores are just one of our group's businesses. Our businesses also include chemicals, finance, food, and film and television. Those online platforms can't restrict these businesses, right? At worst, we don't need online markets. We can just do supermarkets! Yang Chen, this is all you can do, what else can you do?" Xin Xiangdong said proudly.
As soon as he finished speaking, the secretary ran in anxiously. "President, something bad has happened. Penguin Holdings has begun to sell our stocks!" the secretary said.
Xin Xiangdong quickly opened the company's stock market to take a look.
Letian Group was listed in Sakura Country and Nanbang Country at the same time.
The stock price listed on the Tokyo Tokyo Exchange of Sakura Country is 1,050 Sakura Coins, with a total market value of 2.26 trillion Sakura Coins.
The listed share price of Nanbangguoshouer Exchange is 15,000 yuan, and the total market value is 30 trillion yuan.
Penguin Holdings holds Letian Group's shares on the Dongjing Exchange, with an average price of 546.78 Sakura coins. It made a lot of money by selling them at this price.
The selling by shareholders holding 4.3% of the shares had an immediate effect on the stock price, and Letian Group's stock price quickly fell within 1,000 eagle coins.
Xin Xiangdong angrily called Brother Ma and asked directly: "Mr. Ma, what do you mean? Why are you selling our stocks at this time?"
Xiao Ma replied with a smile: "We are just making financial investments, not managing Letian Group. Letian Group's stock price is about to collapse, so of course I have to sell it in advance. Do I just watch the stock price fall below my cost line? Going from profit to loss? ”
Xin Xiangdong asked again: "How do you know that our company's stock price will fall below your cost line? Our company's operating conditions are very good and our profitability is very strong. How can the stock price fall? Wall Street tried to short-sell us but failed. You Don’t you think Yang Chen can succeed in short selling?”
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Brother Xiao Ma said with a smile: "It seems that you don't watch the news at all! The Wall Street you mentioned has to crawl at Yang Chen's feet, so what does Letian Group mean?"
Xin Xiangdong said with a smile: "Of course I have read the news! The companies that Yang Chen shorted have more or less negative news. Our Letian Group does not have any negative news, its operating conditions are good, and its profitability is excellent. I don't believe him. Can be successful in shorting. Unless he is a god who can control both institutions and retail investors to sell. "
Brother Ma smiled and replied: "I was just as confident as you back then. People are so mean. You have to be really beaten to feel the pain. Just hang up, I still have to work."
Brother Xiao Ma hung up the phone directly, and Xin Xiangdong insulted the phone.
At this moment, Xin Xiangdong still feels that the problem is not big. After all, the main battlefield of supermarkets and department stores is offline. If it disappears online, it will be gone. Online sales of more than 50 million eagle coins a year are not enough for the group's revenue and profits. There would be too many repercussions.
But stock prices don't lie. At the close of the Dongjing stock market that day, Letian Group's stock price closed at 889.78 Sakura coins, a drop of more than 160 Sakura coins in one day.
Sun Changyi, the helmsman of Sakura Guoshuyin Group, the third largest shareholder of Letian Group, called Xin Xiangdong.
"President Xin, what's going on? Why do you want to provoke Yang Chen? Don't you know how powerful he is?" Sun Changyi asked.
Xin Xiangdong replied: "I didn't provoke him, he hit my nephew! If I don't react at all, should I still hang out in Nanbang Country in the future? Shuyin Group is our important shareholder. At this time, you have to Stand with us. By the way, aren’t you the major shareholder of Alibaba? Give them a call and ask them not to target us.”
Sun Changyi replied: "We are indeed the major shareholder of Alibaba, but Alibaba is an AB share. We have no control and no right to intervene in Alibaba's business decisions. To be on the safe side, you should quickly reconcile with Yang Chen Well. Otherwise we will all suffer heavy losses in the future.”
Xin Xiangdong said unconvinced: "I don't understand, why are all of you afraid of him? Our Letian Group has no negative news, and its profitability is first-rate. I don't believe he can succeed in shorting. Today's stock price fell because Penguin was If they sell, they will be fine. Believe me, Letian Group’s stock price will stabilize and rebound tomorrow.”
Sun Changyi naturally knows the situation of Letian Group. To be honest, theoretically speaking, no one can successfully short the stock of Letian Group. After all, institutions and retail investors have sharp eyes, and no one can control them to bet against the stock price of Letian Group.
"Okay, let's take a look tomorrow. Anyway, my suggestion is to reconcile with Yang Chen and nip the danger in the bud." Sun Changyi said.
Xin Xiangdong smiled and replied: "Don't worry, I have enough wisdom and ability to deal with this small problem."
Sun Changyi said nothing more, sighed and hung up the phone.
On the other side, BlackRock President Pacquiao and Vanguard President Buckley came to Longguo Jiangcheng together.
At the same time, the presidents of the five major banks also came to Jiangcheng.
At 7:30 in the morning, all the bosses arrived at Sihai Group.
Yang Chen didn't come so early, he didn't arrive until after eight o'clock.
Yang Chen took them to the small conference room for a meeting.
"Our goal this time is to suppress Letian Group's stock price to 300 Sakura coins and 5,000 Stick coins. When these two prices are reached, we will immediately buy and close the short positions and stocks." Yang Chen said.
Pacquiao said: "As far as I know, the shareholders of Letian Group include Sakura Kokushuyin Group, as well as our Bald Eagle's Cleveland Consortium and Bear Stearns Group. If they take action, it will be really difficult for us to succeed in short selling. ”
Buckley said with a smile: "Just because we won't be successful in short selling doesn't mean Mr. Yang won't be successful in short selling."
"Haha..."
Everyone laughed.
Yang Chen had heard of the Bear Stearns Group, but this was the first time he had heard of what the Cleveland Consortium was.
Pacquiao briefly introduced the Cleveland Consortium to Yang Chen.
This consortium is composed of several wealthy local families in Cleveland, mainly including Mather, Hanna, Eaton and other families.
This consortium made its fortune during the First World War. It initially engaged in mining, rubber, steel, etc. After accumulating funds, it also entered banking, financial investment and other fields.
This consortium controls 4 of the 10 largest steel companies in Bald Eagle and is quite powerful.
Yang Chen nodded with a smile and said: "If you want to engage in industry, just engage in industry well. What kind of financial investment are you doing? This time, I will teach them a lesson and let them understand the truth. If you are not capable, you should not diversify your business. Do your best. Just the steel business is fine, financial investment is not their business.”
Zhao Kun smiled and said: "Director Yang, be tough!"
"Haha..."
Everyone laughed again.
Yang Chen smiled and continued: "Shuyin Group and the Cleveland Consortium, there is no need to worry about them at all. They are just financial investments and have no determination to live and die with the Letian Group. When the situation is irreversible, they They will take the initiative to leave. What we should worry about is the other chaebols in Bangzi Country. They are likely to help each other, but the problem is not big. Even if they eat up all the stocks sold by retail investors and institutions, the stock price will still fall. .”
Yang Chen is not just talking about it. At this time, the share price of Letian Group on the Dongjing Exchange has fallen to 820.56 Sakura coins, and the share price on the Shouer Exchange has dropped to 12,000 Bar coins.
Pacquiao asked: "Director Yang, do we need to do something? Don't we publish some short-selling reports or something like that?"
Yang Chen said with a smile: "It doesn't need to be so troublesome. It's enough to make an announcement to the public explaining that we are jointly shorting Letian Group. When those institutions and retail investors see our name, they will be scared and sell out and leave the market."
Buckley had some doubts and asked: "Institutions and retail investors hold stocks bought with real money. They can't be scared away by our reputation. Anyway, if I personally hold stocks, I am optimistic about this." A company will always hold its shares and will not be scared away by any company’s reputation.”
Yang Chen said with a smile: "We will know if we try it."
The five major banks, Sihai Investment, BlackRock Group, Vanguard Group, and Longguo, jointly issued an announcement.
“After careful investigation and friendly negotiation, our company decided to join forces with Longguo Bank, Longguo ICBC, Longguo Commercial Bank, Longguo Construction Bank, Longguo Agricultural Bank of China, Bald Eagle BlackRock Group, and Bald Eagle Pioneer Group to short Letian The group’s stocks, including its stocks listed on the Dongjing Exchange and its stocks listed on the Shouer Exchange, are purely legal investment activities and do not involve any other related events.”
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Once this announcement was issued, it quickly appeared on the hot search lists of major financial platforms.
"Let me go, Boss Yang is really angry. With the five major banks and two international asset management giants, Letian Group will kneel down!"
"It's not good to mess with anyone, you have to mess with Boss Yang. The police station just released the video. Park Sang Woo was so arrogant. He looked arrogant and domineering from beginning to end. He even pushed Boss Yang's secretary in Sihai Group. He If you don’t get beaten, who will get beaten? Even the big bosses of Long Country dare not force Boss Yang to supply goods at a low price. How dare he threaten Boss Yang? ”
"The stick is so funny. They haven't found out whether Boss Yang is their boss? Now it's better. If he gets beaten up, the company's stock price will collapse."
"Sit back and watch the show, and bet on the spicy strips. How many days can Letian Group survive to apologize to Boss Yang and admit defeat? I guess it will be a week at most."
……
The joint announcement of Sihai Investment + 5 major banks + BlackRock + Vanguard quickly spread to the Cherry Blossom Country, the Southern Bang Country, and the Bald Eagle Country...
(End of chapter)