Chapter 138 Sun Changyi of Shuyin Group provokes Yang Chen and gets rid of him!
Sun Changyi, the president of Shuyin Group, has a good relationship with Mr. Ma of Alibaba, so he quickly called Mr. Ma for help.
"Mr. Ma, help persuade Director Yang to only short the shares of Letian Group listed on the Shouer Exchange Market, and not the shares listed on the Dongjing Exchange Market. If Mr. Ma is willing to help, I will reduce my holdings of some Aliga bars. How about letting Alibaba earn more money into the pockets of Longguo people?" Sun Changyi said straight to the point.
Mr. Ma smiled and said: "Mr. Sun thinks too highly of me. Don't you think you can see the allies that Director Yang has summoned this time? Do you think I can persuade him? For the sake of our friends, I will give My suggestion is to sell your shares in Letian Group as soon as possible. The sooner you sell, the higher the price will be. Believe me, it’s absolutely true.”
Sun Changyi replied: "I think so too, but we hold more than 20% of the shares, and no one will take over the sale now. And selling at this time is equivalent to helping Yang Chen go short. We have invested for so many years and finally left the market at a loss. I can't help it." Tell the shareholders. Mr. Ma, please try to persuade Mr. Yang."
When Alibaba needed funds for development, Shuyin Group provided timely investment. At this time, Sun Changyi asked for help. Mr. Ma was too embarrassed to refuse, so he agreed.
Mr. Ma called Yang Chen and told Yang Chen about Sun Changyi's request.
Yang Chen smiled and said: "I understand that your relationship with him is unusual, and you can't save face. But I can't stop after I've already started. It must either cash out and leave quickly, or find a way to resist. There is no other way. ”
Mr. Ma knew Yang Chen's temper. He didn't dare to let Yang Chen misunderstand anything. He quickly smiled and said: "I understand, I understand. He asked me for help, so of course I have to tell you. As for the outcome, I can't guarantee it. No need to consider my feelings as to what Mr. Yang should do.”
"Yes. I understand. Hang up, I'm still watching the market." Yang Chen said with a smile.
Mr. Ma hummed and quickly hung up the phone.
Soon Sun Changyi received a reply from Mr. Ma.
"Mr. Sun, I'm sorry. I told Director Yang, and he said that since he has already started, he will not stop. You can either cash out and leave immediately, or find a way to resist. There is no other way. This is his I'm really sorry."
When Sun Changyi saw the news about Mr. Ma, he could only sigh helplessly.
Shuyin Group holds too many shares of Letian Group, and even if they want to sell them, they can't find an opponent to take over.
Therefore, there is actually only one way before them, and that is to join forces with Letian Group to start a stock price defense war.
As Xin Xiangdong, chairman of Letian Group, said, Letian Group is in good operating condition and has excellent profitability. Normally, no one will be successful in short selling, so Sun Changyi feels that they should be able to win the battle to defend the stock price.
Sun Changyi immediately called Xin Xiangdong, chairman of Letian Group, and he said bluntly: "Chairman Xin, let's work together to protect the share price of Letian Group."
Xin Xiangdong said happily: "Okay! Mr. Sun is a just man. You are responsible for raising the stock price of the Dongjing Trading Market, and I am responsible for raising the stock price of the Shouer Trading Market. I have contacted the Cleveland Consortium, and they will come back later. Contact me via video conference, and I'll bring you in to talk together. I'm not afraid at all. Isn't it that Yang Chen claims to be invincible? Let's work together to let him experience failure this time. The taste!”
Xin Xiang doesn't just talk, he has his own practical actions.
Letian Group Longguo District issued an announcement.
"As a world-renowned comprehensive multinational company, Letian Group has been adhering to the principle of respecting the laws, customs, beliefs and other principles of various countries for many years, and is committed to contributing the best quality products and services to global consumers. We regret that this kind of thing will happen . We formally express our sincere apology to the relevant personnel for the inappropriate remarks made by the president of Longguo District, but we also hope that the relevant personnel can take legal responsibility instead of finding a scapegoat. Although we do not understand the behavior of multiple platforms blocking Letian, although we have lost online opportunities, this will not affect Letian Group’s enthusiasm and purpose of serving consumers. Our offline stores will continue to provide the best services and products to Longguo’s consumers. We hope that Longguo’s law will handle this matter in the fairest manner, and we will continue to follow up on the development of the incident.”
The announcement from Letian Group's Longguo District looks very grand, but it is just superficial. They have actions behind the scenes.
Letian Group has issued a telephone notice to all brands that have settled in supermarkets and department stores. If their products want to continue to be sold in Letian supermarkets, they must terminate their relationships with Alibaba, Penguin Group, Douyin Mall, Pinxixi, and Jingdong. Cooperation with other platforms does not allow them to open official flagship stores, direct-sale stores, etc. on these platforms. At most, they are only allowed to sell on behalf of ordinary merchants.
If they are channel dealers, if they want to continue selling the company's products in Letian supermarkets and department stores, they must immediately terminate their cooperation with Sihai Group. At the same time, they must also cancel their directly operated stores on online platforms such as Alibaba. and flagship store.
Letian Group's stock price is falling. At this time, the collapse with brand owners and channel vendors will inevitably affect its performance. Wouldn't the group's stock price fall even more sharply?
Why?
Xin Xiangdong has a way to deal with it.
All products that have been kicked out of Letian Supermarket and Letian Department Store because they do not meet the requirements of Letian Group will be replaced by products produced by Letian Group and other companies in Nanbangguo.
For example, for the egg yolk pie product, if Longguo brand Daliyuan is unwilling to accept the request of Letian Group and leaves Letian Supermarket and Letian Department Store, Letian Group will tilt its resources to Nanbang brand Orion and Letian's own products. Related products.
As we all know, many Longguo people are superstitious about foreign brands. As long as foreign brands are better than domestic ones, this is the case in almost every industry, from clothing, cosmetics, to food, automobiles, etc.
Therefore, if all the products in Letian Supermarket are replaced by foreign brand products, sales will definitely be better.
This is not nonsense. This conclusion can be drawn from the great and reliable image of Sam's Supermarket in the eyes of some people.
If Longguo brand products indicate what additives they have, they are garbage and toxic.
If the products sold by Sam’s Supermarket do not indicate additive ingredients, or only indicate additive codes, then they are good products and worthy of trust.
Xin Xiangdong dared to do this based on the urine of the people of Longguo. He even felt that this incident was not a bad thing, but an opportunity for Letian Group to reject the Longguo brand openly.
The news that Letian Group forced Longguo's distributors and brands to make choices soon became a hot topic on the Internet, and major distributors and brands complained about injustice.
"Who have we offended? You are fighting against yourselves, so why are you hurting us?"
"Boss Yang, isn't this harmful to others? Why do you want to drag so many platforms into trouble when you are fighting against the Letian Group?"
"I knew that it was impossible for a company as big as Letian Group not to fight back. The consequences of this counterattack would be borne by the channel dealers and brands. Boss Yang did not suffer any losses."
"One thing to say is that Boss Yang was really too harmful this time. He actually felt good about beating people up, but so many distributors and brands paid for his behavior."
……
At this time, Yang Chen's office.
Chen Xi hurriedly walked in and reported: "Director Yang, Letian Group is forcing distributors and brands to choose between Letian and major online platforms. If they want to continue selling goods in Letian supermarkets and department stores, Their flagship stores and direct stores on all major platforms must be closed immediately. Those distributors and brands are blaming you.”
Yang Chen smiled and said: "It's interesting, I finally met an opponent who knows how to resist. Don't worry, I believe Letian Group will cause problems on its own."
Under the influence of the system, Letian Group will definitely have a big problem soon. As for what the problem is, no one knows now, including Yang Chen, but he can be sure that Letian Group will definitely come up with a solution that can guarantee his success in short selling. Big problem.
At this time, BlackRock President Papaquiao called Yang Chen in the hotel room.
"Dr. Yang, I heard that Letian Group launched a counterattack, what should we do next?" Pacquiao asked.
Yang Chen smiled and said: "You don't have to do anything, I will take care of everything."
Pacquiao smiled and said: "Mr. Yang, it's not that I don't believe in you. I have witnessed your short-selling ability more than once and I have absolute trust in your ability. But now I am really curious about how you can make us short-selling. Success? I know something about Letian Group, at least from my perspective There is really no negative news to make a fuss about. How could retail investors and institutions be frightened into selling their stocks without negative news? How could Letian Group's stock price fall if they didn't? If the stock price does not fall, how can we succeed in short selling? ”
Yang Chen smiled and replied: "Don't be anxious, just wait and watch the show with peace of mind. I said I will handle everything, and I will definitely be able to handle everything. Have a good rest and hang up."
Pacquiao's mind was full of questions, but he had experienced Yang Chen's terror more than once, so he naturally did not doubt Yang Chen's words. He was just curious about how Yang Chen would operate.
Letian Group's counterattack continues.
Shuyin Group issued an announcement.
"Shuyin Group will advance and retreat together with Letian Group, and we will protect the share price of Letian Group at all costs!"
Then, Hyundai Group, another chaebol in Nanbang, the parent company of Hyundai Motors that had been shorted by Yang Chen, also issued an announcement.
"Hyundai Group supports Letian Group in safeguarding its legitimate rights and interests. We will fully support Letian Group unconditionally if it has any needs."
Hyundai Group has a grudge against Yang Chen for shorting Hyundai Motors last time, and this time it wants to push Letian Group behind the scenes to take revenge on Yang Chen.
Subsequently, the Cleveland Consortium, one of the major shareholders of Letian Group, also issued an announcement.
"As one of the major shareholders of Letian Group, the Cleveland Consortium has the responsibility and obligation to safeguard the share price of Letian Group. We will spare no effort to protect Letian Group and our own interests, and we have sufficient capabilities to deal with any enemy's attack."
Seeing that these allies had issued announcements, Xin Xiangdong smiled happily.
"Fight with me? Are you worthy? I have already said that Sihai Group is just a local company of Dragon Kingdom. It has not even been involved in Dragon Kingdom. Why should it fight with a comprehensive multinational company like our Letian Group? This time Let me prove one thing to people all over the world, Yang Chen is not invincible, it’s just that he has never met an opponent like me before," Xin Xiangdong said very confidently.
The little secretary on the side beat him on the shoulder and flattered him: "The president is very intelligent. Naturally, he cannot be compared with a person from the Dragon Kingdom. This time, let the president speak out for those companies and individuals who were bullied by him. Those who were bullied by him The companies and individuals he bullied will definitely be very grateful to the president. Maybe they will be willing to cooperate with our Letian Group, and our company can reach a higher level.”
Xin Xiangdong rubbed the little secretary's long legs happily and said with a smile: "Your mouth is so good..."
The little secretary understood and immediately tied up her hair with a smile.
Although shareholders and allies have stated that they will go all out to protect the share price of Letian Group, the share price of Letian Group is still falling. Shuyin Group had to launch a holding increase plan to increase its holdings on a large scale in the shares of Letian Group listed on the Dongjing Stock Exchange.
Thanks to Shuyin Group's increase in holdings, Letian Group's stock price rebounded on the Beijing Stock Exchange.
Chen Xi ran into Yang Chen's office and reported: "Director Yang, Shuyin Group issued an announcement to increase its holdings of the shares listed on the Dongjing Exchange of Letian Group. A total of 100 million shares were purchased at a cost of 80 billion Sakura coins."
Yang Chen said with a smile: "Shuyin Group is very proactive. Since he wants to be the first, then I will satisfy him. Inform the five major companies, Pacquiao, and Barkley to come over and start work immediately."
Chen Xi nodded and quickly called them to come over and start work.
More than half an hour later, everyone was in place at the Sihai Investment Department.
Yang Chen said with a smile: "Shu Yin Group has gone too far, and I want to clean it up by the way. Shu Yin Group has a total of 4.15 billion shares, and the current stock price is 35.65 eagle coins. If you can trust me and have sufficient funds, short Shu Yin Group now. You can short as much as you can on silver stocks. How much money you can make depends on your courage and courage.”
The presidents of the five major banks did not hesitate at all. They had no doubts about Yang Chen's strength. Any hesitation for even a second would be disrespectful to money.
Pacquiao and Barkley are much more cautious. They know Shuyin Group very well. Judging from their experience and professional knowledge, no one can successfully short Shuyin Group.
First, Shuyin Group is operating well and has sufficient profits, so it does not meet the conditions for short selling.
Secondly, Shuyin Group has sufficient funds and sufficient ability to protect the stock price.
Check out the 16-9 book bar to see the correct version!
It was the first time for Pacquiao and Barkley to operate with Yang Chen. They did not dare to take too big risks, but in order to give Yang Chen face, they still symbolically shorted tens of thousands of shares of Shuyin Group.
"Agricultural Bank of China has completed short selling, with a total of 80 million shares shorted, with an average price of 36.15 eagle coins and a total market value of 2.892 billion eagle coins."
"Longguo Bank completed short selling, with a total of 120 million shares shorted, with an average price of 3.612 eagle coins and a total market value of 4.3244 billion eagle coins."
"CCB completed short selling, totaling 100 million shares shorted, with an average price of 3.613 eagle coins and a total market value of 3.613 billion eagle coins."
"ICBC completed short selling, with a total of 110 million shares shorted, with an average price of 36.55 Eagles and a total market value of 4.0205 billion Eagles."
"The commercial bank completed short selling, with a total of 90 million shares shorted, with an average price of 36.68 eagle coins and a total market value of 3.3012 billion eagle coins."
"BlackRock completed short selling, totaling... 200,000 shares, with a market value of 7.31 million eagle coins."
"Pioneer Pilot completed short selling, totaling 200,000 shares, with a market value of 7.3 million eagle coins."
After listening to the reports from all parties, the presidents of the five major banks couldn't help laughing.
"Haha..."
Yang Chen also smiled, but didn't say anything.
Everyone has their own choice and no one else needs to say anything.
Pacquiao explained: "I'm sorry, Mr. Yang, it's not that I don't believe you, but I really can't convince myself to short Shuyin Group on a large scale, because I really can't find even a few reasons to succeed in shorting. ”
Buckley also explained: "Yes! I can't find any reason for the success of short selling, so...I'm sorry, I will focus on participating in this round."
Yang Chen smiled and said: "It doesn't matter. Ah Chao, let's go short too."
Chen Chao nodded and immediately ordered the trader to short 1 million shares of Shuyin's stock, costing a total of 36.5 million eagle coins.
Barkley whispered to Pacquiao: "I really don't understand how to short the shares of Shuyin Group."
Pacquiao shook his head helplessly and replied: "I can't think of it either. Let's just take it one step at a time."
Soon Sun Changyi, the president of Shuyin Group, received the news that Yang Chen led the five major banks, BlackRock, and Vanguard to short Shuyin Group.
Sun Changyi can also be regarded as the representative of the cheating protagonist in the novel, especially the tens of billions of eagle coins he made by investing in Alibaba, which made him the god of investment in the eyes of the people of Longguo.
Shuyin Group is more powerful than many Wall Street investment banks, and Sun Changyi naturally has the ambition to give it to anyone else.
Sun Changyi found out Yang Chen's phone number and called Yang Chen.
"Mr. Yang, are you so big this time?" Sun Changyi said with a smile.
Yang Chen smiled and replied: "I have always only played big projects. Projects that are too small cannot arouse my interest."
Sun Changyi laughed loudly and said: "Didn't Mr. Yang investigate the specific situation of our Shuyin Group before going short? Not to mention that we have good operations and strong profitability. Even if our performance is a mess, we still have enough ability with our cash reserves." Protect the stock price. In the words of you Longguo people, who gave you the courage to do this, Liang Jingru? ”
"Hey, do you know that I use Rejoice? I am so confident when I use Rejoice!" Yang Chen joked.
"Haha... I'm sorry, Mr. Yang, you will fall into my hands this time. You may have to taste failure for the first time." Sun Changyi said arrogantly.
"You are not qualified yet. Next time you call me, you must beg me to let you go." Yang Chen said with a smile.
Sun Changyi laughed loudly and disagreed, saying: "It is a good thing for young people to be confident, but overconfidence is arrogance. I will show you now how strong Shuyin Group and I are personally. Otherwise you will always think that I It was a mistake to invest in Alibaba in the first place!”
Sun Changyi hung up the phone and took action immediately.
Shuyin Group issued an announcement.
"Shuyin Group is currently operating normally and is expected to make a profit of 5 billion eagle coins this year. At present, the group has sufficient funds. The Vision Fund holds 90 billion eagle coins in cash. Shuyin Group can also mobilize approximately 100 billion eagle coins for investment at any time. ”
"We do not understand Mr. Yang Chen of Longguo Sihai Group's malicious short-selling of Shuyin Group's stock price, but accept his challenge. The group immediately started the process of increasing its stock holdings, with a minimum holding amount of 1 billion eagle coins, and no upper limit. ”
After making the announcement, Sun Changyi immediately started to increase his holdings and spent 500 million Eagle coins in one fell swoop.
It stands to reason that the stock price should rebound slightly, but throwing out 500 million eagle coins will not cause any splash at all.
Sun Changyi stepped up his efforts to increase his holdings and increased his holdings by 2 billion eagle coins in one fell swoop, which can be regarded as bringing the stock price back to more than 35 eagle coins. The stock price is trading sideways here and cannot go up, but it cannot go down either.
For Sun Changyi, this situation is okay, as long as Shuyin Group's stock price does not fall.
But for Yang Chen, the stock price moving sideways means that the short sale has failed, and he and the five major banks will lose money.
Seeing that Shuyin's stock price was stable above 35 Eagle coins, Pacquiao said: "Mr. Yang, we have told you a long time ago that Shuyin Group really has no reason to succeed in short selling, but you just don't want to believe us. Now you believe it ”
Buckley quickly added: "It doesn't matter, it doesn't matter, no one can succeed all the time. Mr. Yang has succeeded so many times, and it is understandable that he fails once in a while. It is not a big deal."
Yang Chen leaned back on the chair, placed his feet comfortably on the table in front of him, took a sip of the coffee that Chen Xi brought to his lips, and then said with a smile: "If it were other investments, I might fail. But. There is no way I can fail when it comes to stocks. Just wait and you will see a reversal soon.”
Pacquiao and Barkley didn't dare to say anything more, so let's see the result.
At this time, both Pacquiao and Barkley received pop-up news on their mobile phones.
The president of the Bald Eagle family visited Sakura Country, and the two of them were discussing whether to go to Sakura Country to meet the president.
Almost an hour later, a breaking news suddenly came from the Bald Eagle Capital Market.
Bald Eagle shared office space company WeWork announced that it has filed for bankruptcy protection in New Jersey under Chapter 11 of the Bald Eagle Bankruptcy Code. Shuyin Group holds 80% of the company's equity and is valued at 50 billion Eagle coins. This This means that Shuyin Group spent approximately 40 billion eagle coins on WeWork.
If WeWork passes the bankruptcy process, it means that all the 40 billion eagle coins invested by Shuyin Group will be wasted.
As soon as this news came out, both Pacquiao and Barkley were stunned.
"Why so sudden? Why didn't we receive the news in advance?" Pacquiao asked in shock.
Buckley also shook his head in shock and replied: "I don't know! It was really too sudden, and I didn't receive any news at all. Shuyin Group holds 80% of Wework's shares. Based on the original valuation, Shuyin Group's total investment Shu Yin’s 40 billion eagle coins will be gone once the court approves WeWork’s bankruptcy.”
Pacquiao and Barkley looked at Yang Chen who was teasing Chen Xi with shocked expressions. At this moment, Yang Chen was a god in their eyes...
(End of chapter)