I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 108 Short the sponsor first, then the broadcaster

At nine o'clock in the evening, Yang Chen answered the video call request sent by Zhao Kun.

"Haha... Mr. Yang, good evening. Please see, I'm on full alert here, you can give orders at any time, and we guarantee to complete the task." Zhao Kun said very happily.

Zhao Kun turned the camera around, allowing Yang Chen to see the mental state of his trader at the moment.

Yang Chen said very satisfiedly: "Good evening, President Zhao, let's get started now. Order your traders to divide into five groups, and each group will select a company from Hyundai Motor, Coca-Cola, Visa, Adidas, and Sony, and that group will be fully responsible for the operation."

Zhao Kun immediately did as he was told. All traders were divided into five groups, and each group selected a company.

Yang Chen said: "Each group can now contact the securities firm to lend out the stocks of the company that the group is responsible for. They can lend out as much as they can."

Although the stock market in Bald Eagle will not open for more than 20 minutes, the brokerage institutions have already started work and traders can now contact them to borrow stocks.

Zhao Kun reminded loudly: "Listen carefully, everyone. Strictly follow the orders of Director Yang. If anyone fails to do their job well, I will not listen to any explanation and will directly fire them! Start working!"

The five groups of traders immediately got busy, contacting brokerage firms through different identities and accounts to lend out the stocks of the companies they were responsible for.

Although ICBC deployed hundreds of traders, due to the large number of brokerage firms to contact and accounts to operate, the short-selling operations were not completed until 3 a.m.

Group 1 was responsible for operating Hyundai Motor, lending a total of 5000 million shares at an average price of 66.25 Eagle Coins and a market value of 33.125 billion Eagle Coins.

Group 2 was responsible for operating Visa, lending a total of 1 million shares, with an average price of 310 Eagle Coins and a market value of 310 billion Eagle Coins.

Group 3 was responsible for operating Adidas, lending out a total of 3000 million shares, with an average price of 108.5 billion Eagle Coins and a market value of 32.44 billion Eagle Coins.

Group 4 was responsible for operating Coca-Cola, lending out a total of 1.5 million shares, with an average price of 62.5 Eagle Coins and a market value of 93.5 billion Eagle Coins.

Group 5 was responsible for operating Sony, lending a total of 10 billion shares, with an average price of 24.5 Eagle Coins and a market value of 245 billion Eagle Coins.

According to the regulations of the Bald Eagle Stock Market, short selling requires a 20% transaction fee. These costs are all paid from ICBC's foreign exchange account. After closing the position, the net profit is deducted from these fees, and Yang Chen and ICBC share the net profit equally.

Yang Chen smiled and said, "Well done, everyone has worked hard. You can go home now, and we will continue tomorrow afternoon."

Zhao Kun said with a smile: "It's easy and hassle-free to follow Director Yang's instructions. After completing the basic work, just wait to make money. Haha..."

"Your work is done, and now it's my turn. Thank you for your hard work, go home and have a rest. Good night." Yang Chen said with a smile.

Yang Chen hung up the video, stood up to stretch his muscles, and then went back to his room to sleep.

At this time, Chen Xi was sleeping soundly. Yang Chen carefully lay down beside her, but still woke her up.

Chen Xi turned over and lay in Yang Chen’s arms. Yang Chen hugged her and prepared to sleep, but after a few seconds her hands became restless and slid down his waist.

Men are so tired, staying up late to work overtime until three in the morning, and then they have to hand in homework

……

Coca-Cola Company, executive meeting.

President Murphy said happily: "Our total profit in the third quarter was 35.2 billion Eagle Coins, a year-on-year increase of 33%. The situation this year is very good, and everyone's dividends will not be small at the end of the year, and the stock price should be close to 100 Eagle Coins. Fortunately, we are strong, otherwise it would be difficult for the stock price to recover after being shorted by Yang Chen."

Executives echoed.

"Haha... After our third quarter financial report is released, no one can short our stock price anymore, because it is impossible to short successfully."

"That's right. For a company with a net profit of 35 billion Eagle Coins to be shorted successfully, it must be God who came down to earth and did it personally. Otherwise, it is impossible."

"Honestly, I really can't accept being shorted and harvested by Yang Chen once. If the president allows, I really want to call Yang Chen and ask him to succeed in shorting again and show me."

"Ha ha……"

The meeting room was filled with a cheerful atmosphere.

Sudden.

Murphy's secretary hurried in and said loudly, "President, this is bad. Our stock has been shorted again. It has fallen by nearly 3 points now. I called the brokerage firm and found out that it is an account in Longguo that is shorting our stock. It seems to be the Industrial and Commercial Bank of China in Longguo."

"What? Fuck! Why is ICBC shorting us?" Murphy asked angrily.

The secretary replied: "Yang Chen led the five major banks to take revenge on Goldman Sachs and JPMorgan Chase before, which shows that Yang Chen is in cahoots with the five major banks of Dragon Country. I suspect that Yang Chen is shorting our stock price again. He may be worried about the risk of using his own account, so he borrowed the ICBC account to operate."

Murphy slammed the table angrily and yelled, "Fuck! Fuck! Why does he always pick on us?"

The secretary quickly said, "The brokerage firm told me that this time the Longguo account not only shorted our stock, but also Adidas, Visa, Sony, and Hyundai Motor. It can be seen that he is not targeting us, but simply wants to make money by shorting."

Murphy's eyes suddenly lit up, and he quickly said, "No, no, no. The companies you mentioned are all sponsors of FIFA like our company! Yang Chen is trying to force us to talk to FIFA to lift the ban on Sihai Bingquan by shorting our stock price."

As soon as this statement came out, the whole audience was in an uproar.

CEO Zhan Kunjie said: "That's true. Those companies are sponsors of FIFA like us. Yang Chen didn't just short a few companies randomly, but targeted several of our companies to force us to negotiate with him. Then he can ask us to persuade FIFA to lift the ban on Sihai Bingquan. Fuck! This move is too vicious, it's simply robbery!"

The CFO quickly said, "Don't panic. We will release the third quarter financial report immediately. With our performance, it will be impossible for him to short sell successfully."

Originally, the third quarter financial report was to be released after the market closed, but now the company could not wait any longer and released it immediately, hoping to reverse the declining stock price within the last half hour.

However, the opposite is true.

The release of the third quarter financial report only caused a small rebound in the stock price, and then the stock price turned downward again.

Looking at the stock price performance, Coca-Cola executives were stunned.

"Fuck! How could this happen? Why is such a big benefit useless? How did Yang Chen convince those institutions and retail investors to sell crazily?"

"Damn it, this is really weird. Not only does the good news of 35 billion Eagle Coins in net profit fail to drive up the stock price, but it can't even stop falling. Is this still the stock market we know?"

"We already increased our holdings a lot during the last drop, and now we don't have the money to increase our holdings. What should we do? Should we just watch the stock price fall?"

……

Murphy gritted his teeth and immediately called Yang Chen.

At this time, Yang Chen was busy doing his homework and directly hung up Murphy's call.

Murphy was so angry that he threw his phone on the table. After a moment of silence, he looked up and said to his secretary, "Contact the major shareholders and hold a shareholders' meeting tonight. Those who can't come can participate via video. The company is in big trouble now, and shareholders should step up and do something, not just wait for dividends."

The secretary nodded and quickly contacted the shareholders.

Sakura Country, Sony headquarters.

As soon as President Haruki Juko arrived at the office, his secretary immediately reported to him that the company's stock price had plummeted last night.

"Originally, our company's stock price rose by 2%. I don't know what happened, but near the closing time, the stock price suddenly plummeted and fell by 10% in just half an hour." The secretary reported.

Juko Haruki was shocked and asked quickly, "How could this happen? Our third quarter financial report showed a tenfold increase in net profit, so shouldn't the stock price have skyrocketed? How could it have fallen? Did you hear any news?"

The secretary shook his head and replied, "No news has been leaked yet, but I have contacted my friends at Bald Eagle to help find out, and they should give me a reply soon."

Juko Haruki nodded and said, "When you get a reply, you must come and report to me immediately."

The secretary nodded, turned and left.

Jiko Haruki opened the company's stock and looked at it for a while. He couldn't understand why the stock price could still fall when the net profit in the third quarter financial report increased tenfold. It was really unreasonable.

After a while, the secretary rushed in.

"Mr. President, my friend has replied. According to the information he has gathered, Longguo is shorting our company's stock price, and the scale is not small. The shorting market value exceeds 200 billion Eagle Coins."

Juko Haruki said in shock: "What? The Dragon people shorted our stock price, and the amount exceeded 200 billion Eagle Coins? No... We don't have any grudges with the Dragon people, who is it?"

The secretary replied: "It seems that the account and funds of Longguo Industrial Bank are in operation."

Juko Haruki was even more confused. Sony and ICBC Longguo had never had any intersection, and it could even be said that they were two companies that had nothing to do with each other. Why did ICBC Longguo suddenly short Sony's stock price?
What is even more puzzling is that Sony had already released the news in advance that its profits in the third quarter had increased tenfold. Under such circumstances, ICBC Longguo still wanted to short Sony's stock price. How great a hatred must it have to make ICBC Longguo take such a huge risk to short sell?
The new president of Hyundai Motor, Jones Muze, has the same confusion as Juko Haruki. Hyundai Motor has just released its third-quarter financial report, with a net profit of more than 4 trillion South Korean riyals. Why did Industrial and Commercial Bank of China choose this time to short Hyundai Motor's stock price?
In Europe, Adidas President Hebner fell into deep thought after seeing the news of falling stock prices sent by his secretary, and could not fall asleep before dawn.

Adidas has just released its third-quarter report, with revenue of 64 billion euros, a year-on-year increase of 14%, and net profit of 6 million euros, a year-on-year increase of 46%.

Under normal circumstances, if this data is applied to any company or in any trading market, the stock price will definitely rise for a period of time.

however.

Now the stock price has not only not risen, but has fallen by 9% overnight. This is too outrageous. Are the current investment institutions and retail investors shorting the stocks after seeing the huge increase in performance? Just when the presidents of these companies were confused, Murphy, the president of Coca-Cola, called them separately and invited them to a video conference.

Murphy got straight to the point and said, "Mr. President, the stock prices of several of our companies are in big trouble. According to the information I have heard, Longguo ICBC is shorting the stock prices of several of our companies, and Yang Chen of Sihai Group is a partner of ICBC. I called Yang Chen many times, and our Longguo District President also called Yang Chen many times, but he just didn't answer our calls. Therefore, I can almost be sure that Yang Chen is shorting the stock prices of several of our companies."

Adidas President Hebner immediately asked in confusion: "Why? We have no grudges with Sihai Group, and we have never offended Yang Chen. Why did he short our stock price? And I'm wondering, we just released the third quarter financial report with a huge increase in performance, how did he succeed in shorting? Is he God descending to earth? Can he manipulate institutions and retail investors to sell and suppress the stock price?"

What's more, his guess was really accurate. The system is what he calls God, and it is the system that controls the institutions and retail investors that can't help but sell.

Visa International Group President Shasha Booth said: "Is he crazy? He dared to short Visa Group. Who gave him the courage? And I wonder why he was able to short successfully? This is the first time in the history of our group that the stock fell more than 10 points in a single day. It is really outrageous."

Hyundai Motor President Jones Muze said: "We at Hyundai Motor have no grudge against him, so why is he shorting our stock price?"

Coca-Cola President Murphy said: "Several of us are sponsors of FIFA, and FIFA took the lead in issuing an announcement prohibiting Dragon Country athletes from drinking Sihai Ice Spring. Now you understand why Yang Chen shorted several of us at the same time, right?"

"Wow, he is so vicious. How could he come up with such a dirty trick? This is a completely unprovoked disaster for us. If he has the guts, why not just deal with FIFA directly and short our stock price?" Sony President Haruki Juko said unconvinced.

Murphy sighed and said, "Isn't it obvious? He can do nothing about FIFA, but we are FIFA's sponsors, and he is forcing us to ask FIFA to lift the ban on Sihai Bingquan. Alas..."

After Murphy said this, the presidents of the other four companies understood the reason.

Adidas President Hebner said: "When FIFA and other organizations issued the ban, my colleagues and I were discussing that Dragon Country was helpless this time. I didn't expect Yang Chen to come up with such a sinister method."

“So what do the presidents mean? Should we just hold on or negotiate with Yang Chen?” asked Jugu Haruki.

Several presidents were silent.

Their first choice is of course to hold on, but they are also worried that holding on will cause the stock price to continue to fall, and shareholders will definitely not agree to that.

They also knew in their hearts that once they negotiated with Yang Chen, Yang Chen would definitely ask them to force FIFA to lift the ban, but they also didn't want Dragon Country's athletes to be able to drink Four Seas Ice Spring to enhance their physical strength, so naturally they were unwilling to force FIFA to lift the ban on Four Seas Ice Spring.

Ugh……

Dilemma!

Murphy said: "I have contacted shareholders to raise some more funds to increase holdings, and see if I can pull the stock price back up. If even real money and silver can't pull the stock price back up, we can only contact Yang Chen to negotiate. What do you mean?"

Sony President Haruki Juko said: "That's the only way. We'll let shareholders and executives increase their holdings and give it a try."

The presidents of Hyundai Motor, Adidas, Visa and other three companies also expressed their willingness to let shareholders increase their holdings, and they would publicly condemn Yang Chen's short-selling behavior.

These presidents kept their word. They asked shareholders and executives to increase their holdings of their own company's stocks and issued a statement condemning Yang Chen and Longguo ICBC's short-selling behavior.

Hyundai Motor: Our company has always been on good terms with Longguo, and we have a joint venture with Longguo Jingcheng Motors to produce and sell Hyundai Motors in Longguo. Mr. Yang Chen, Chairman of Sihai Group, shorted our company's stock price for his own selfish reasons. Our company strongly protests and condemns this. We urge Mr. Yang Chen to stop shorting our company immediately and not to undermine our good cooperative relationship with Longguo.

If this had happened in the past, the Dragon Kingdom would have definitely put pressure on Yang Chen.

But now it is different. Domestic brands of cars such as Bivada and Qirui are on the rise, and Longguo vigorously advocates the development of new energy vehicles. Longguo is eager for its own brands to take over the market of joint venture cars, so how can it care about what Hyundai Motor thinks?

Kia has almost disappeared from the Longguo market, so it’s time for Hyundai to withdraw.

Visa International Group: Visa cards provide convenient services for trade and transactions around the world. We never thought that our company would be shorted on a large scale. We hope that Mr. Yang of Sihai Group will not be an enemy of the people of the world and stop his wrong behavior immediately.

Coca-Cola: Our company was just shorted by Mr. Yang Chen, and the stock price has not recovered yet. Now he is shorting our stock price again. What is the difference between this and robbery? Just because we are a sponsor of FIFA, you shorted us twice in one month. It is really crazy. If you have the ability, just go directly to FIFA. What's wrong with using us? We strongly request that Longguo order Mr. Yang Chen to stop shorting and not disrupt the financial order.

Sony and Adidas also issued similar announcements to express their dissatisfaction and urged Yang Chen to stop short selling.

Then what can Yang Chen do?

Before the European stock market opened in the afternoon, Yang Chen posted a Weibo.

"The Bald Eagle stock market is a free and open market that allows both long and short positions. I participate in financial activities in accordance with the law, so why not? If I can short successfully, it means that the stock prices of some companies should have fallen. Otherwise, how could I short successfully? I suggest that some companies manage their business well. If they really can't, they can use the money to increase their holdings and raise the stock price, instead of blaming others for operating stocks in accordance with the law."

After posting on Weibo, Yang Chen went to the Investment Department to connect with ICBC to continue the operation.

Netizens rushed to Yang Chen's Weibo comment section to leave comments.

"Damn it! Boss Yang is still so brave, shorting so many giant companies at once."

"Oh my god, these companies are more powerful than each other. They even managed to short Visa. That's really amazing."

"Everyone thought that Boss Yang had no way to resolve the ban issue from the international sports organization this time. Now Boss Yang is telling everyone that he still has a way to resolve it."

"This is a really cool move. As long as we can convince these sponsoring companies, they will take the initiative to contact FIFA or something to lift the ban on Sihai Bingquan, so as to ask Boss Yang to stop short selling."

……

Now that the cards have been revealed, Yang Chen doesn't need to hold back. Just proceed boldly.

European stock markets opened one after another.

Yang Chen connected with Zhao Kun via video.

Zhao Kun smiled and said, "Boss Yang, our actions last night broke the defenses of those companies. They all issued announcements condemning you. Haha..."

Yang Chen also smiled and said: "A bunch of fools, issuing an announcement can stop others from shorting. When foreigners short us, we won't be harvested. The investment institutions of the Bald Eagle family are shorting other countries everywhere, why don't they condemn it? I operate according to the law, I don't care what they think."

Zhao Kun laughed and said, "You're right. If we follow the law, no one can stop us. So what should we do now?"

Yang Chen smiled and said: "We are shorting the stock prices of the three broadcasters, Medib Group, Bein Media, and Sky Sports this afternoon. As usual, the traders are divided into three groups, and each group is responsible for one company. We can start the operation now."

Zhao Kun quickly said, "Did everyone hear clearly? Do as Director Yang said immediately!"

ICBC's traders immediately divided into groups and contacted European brokerages to lend out stocks of Sky Sports, Medib Group, and BeIN Media.

These three companies are the main broadcasters in the European football market. They cover almost the entire European market and extend to the Americas, Africa, and some Asian countries.

The broadcasting rights for competitions such as Serie A, Ligue 1, Premier League, La Liga, Bundesliga, European Cup, World Cup, etc. are all in the hands of these three companies.

If sponsors cannot force FIFA to compromise by not paying, then the World Cup, European A-league matches, the Champions League and other competitions will not be broadcast. FIFA will face pressure from these markets, and there is no way they will be able to withstand this pressure.

People all over the world can testify that it was FIFA and other sports organizations that took action first, so any counterattack by Yang Chen is reasonable.

At six o'clock in the evening, the traders finally completed the short selling of the three broadcasters.

Sky Sports' short selling market value is 60 billion euros, Medib Group's short selling market value is 120 billion euros, and BeIN Media's short selling market value is 50 billion euros.

Afterwards, Yang Chen’s personal account also shorted each of the three broadcasters, and we can watch the show from now on.

Sky Sports.

President Foys is holding a meeting with senior executives.

"I heard that Yang Chen of Sihai Group shorted several sponsors of FIFA in order to force FIFA and other organizations to lift the ban on Sihai Ice Spring. Our company has signed a 20-year agreement with FIFA, and I'm worried that he will short us." Hollis said, and then he asked: "What do you think? Tell me."

Executives expressed their opinions.

"Impossible! We not only broadcast international events, but also football. If he dares to touch us, there will be many people condemning him. He can't be that stupid."

"But I think he might short our company's stock price. He even dared to short Visa, so our company is nothing in his eyes."

"Alas... stop speculating, now it is certain that he has shorted our company's stock price. Look at our company's stock price, it just rose by 4 points, and it has fallen by 3 points in just a short while. This is a typical stock price performance after being shorted by Yang Chen."

……

Everyone quickly opened the company's stock quotation to see that the company's stock price was indeed falling rapidly.

President Foys immediately contacted the brokerage firm to inquire about the news and confirmed that it was the Longguo Industrial Bank account that lent Sky Sports tickets for short selling. Foys believed that the sudden drop in the stock price was due to Yang Chen's short selling.

"Damn it! He really wants to attack the broadcaster! Madman, a complete madman! Isn't he afraid of bearing the consequences? Isn't he afraid that the shareholders of the company he shorted will send assassins to kill him?" Fuis said angrily.

At this time, Paul, president of MediaBroadcast, called Fois and invited him to join a video conference with Voss, president of Bein Media.

Paul, the president of Mediabo, said: "I have seen the stock prices of your two companies. They must have been shorted by Yang Chen just like our company. Right?"

Sky Sports President Fuis said angrily: "I asked the brokerage firm, and it was indeed Yang Chen who shorted our company's stock. Damn it, he actually bullied us."

Bein President Voss followed up by saying, "He wants to force FIFA to compromise. We are in vain. But it has already happened, and we must face it bravely. Tell me the truth, both presidents. What are you going to do?"

(End of this chapter)