I have a debt of 3 trillion, and my creditors are begging me not to die.
Chapter 109: The war spreads, Yang Chen shorts 1 foreign companies at once
Chapter 109: The war spreads, Yang Chen shorts 30 foreign companies at one time
Paul, president of Media Broadcast, said angrily: "As the largest and oldest broadcaster in Europe, no one has ever dared to provoke us. If he dares to touch us, he must bear the terrible consequences. We will work together to make Serie A, Ligue 1, Premier League and other leagues cancel their cooperation with Longguo broadcasters, so that Longguo fans can't watch these high-quality league games. Longguo broadcasters and fans will be very angry and will definitely ask him to stop short selling and apologize and ask for our forgiveness."
Bein President Voss laughed and said, "This is a good idea. Since he likes to play the game of borrowing a knife to kill someone, then we can play the game of borrowing a knife to kill someone with him, and let their own people kill him. This must be very interesting."
"Haha..." The three of them laughed.
Sky Sports President Foys said: "Okay, let's do it! Let's make it bigger. I want to see how he can face the siege of so many companies and organizations alone. If he can still win, I will be convinced by him."
The broadcasting fees paid by broadcasters are the bulk of the revenue for every sports league. The most famous case is the huge broadcasting fees received by the NBA after signing a new contract with the broadcaster. The salaries of players in the entire NBA have also increased. In the early years, only a few superstars had a salary of more than 30 million Eagle Coins. Now, the head or even the second in command of any team can get a salary of 50 million Eagle Coins.
Therefore, broadcasters have a high say in the league, and their demands, as long as they are not too excessive, will basically be met. Moreover, they are facing the same enemy, Yang Chen, this time, so naturally no one will object.
As a result, the officials of major European leagues issued announcements one after another.
La Liga: Mr. Yang Chen, Chairman of Longguo Sihai Group, has done great harm to football and the entire sports industry, and has caused great harm to related companies and organizations. La Liga has decided to cancel its cooperation with Longguo Yangshi, PPTV, Migu, iQiyi and other platforms, and immediately terminate the broadcasting rights of these platforms for La Liga events. When Yang Chen apologizes and bears the relevant losses, the cooperation will be resumed.
Premier League, Serie A, Ligue 1, Bundesliga…
Officials of major European leagues have successively released announcements with the same content.
To be honest, this wave of announcements had a huge impact on Yang Chen.
Yangshi and several other broadcasters immediately contacted Yang Chen, asking him to quickly reconcile with all parties and not let everyone suffer heavy losses just for his Four Seas Ice Spring.
According to Yang Chen's temper, he would naturally not compromise. Damn it, what's wrong with him short selling legally and reasonably? If he has the ability, he can ask Bald Eagle and European stock markets to cancel the short selling mechanism. Otherwise, why stop him from short selling?
It is normal financial investment behavior for foreigners to short sell everywhere with their capital. But when it is the turn of Yang Chen, a Dragon countryman, to short sell, is it a disruption of the financial order?
Seeing that they could not convince Yang Chen, these platforms put pressure on ICBC, demanding that ICBC immediately terminate its cooperation with Yang Chen and stop shorting foreign-funded enterprises.
This is why Yang Chen is willing to make money with the bank. If Sihai Investment’s account is shorted, it is estimated that his account will be frozen both domestically and abroad.
But no one dares to freeze the ICBC account easily. As long as Zhao Kun can withstand the pressure, there will be no problem.
Zhao Kun gave a clear reply to all major platforms that he would not terminate the cooperation with Yang Chen. The cooperation between the two parties to short foreign company stocks is a normal, legal and reasonable investment behavior, and there is no need to consider the opinions of other companies or individuals.
Afterwards, Zhao Kun called Yang Chen and said with a smile, “Boss Yang, praise me quickly. I have withstood the pressure from them. I will never stop short selling, and I will not end my partnership with you.”
Yang Chen smiled and said, "Good brother, well done, I didn't misjudge you. For us, the more people oppose us, the better, so that we have a legitimate reason to short them. A few lousy leagues think they are nothing but onions, in my eyes they are just selling their heads."
Zhao Kun quickly asked, "It's good that Director Yang has a way to deal with it. You don't have to worry about me. If I can't even withstand this little pressure, then I don't need to be the general manager."
Yang Chen had just finished talking to Zhao Kun when Wang Wanli, the president of Longguo Bank, called Yang Chen.
"Hey, Mr. Yang, why didn't you tell us about your new operation? Why did you give it all to Zhao Kun? Is it that I, Wang Wanli, don't respect Mr. Yang enough, or is it that our Longguo Bank is not good enough to Mr. Yang? If you are dissatisfied with anything, just tell us and we will definitely change it. Okay?" Wang Wanli said very seriously.
Yang Chen smiled and said, “President Wang, why do you say that? We are old friends, I will definitely leave you a copy. However, this matter has caused a lot of noise, so I can’t take the initiative to find you. I’m just waiting for you to call me, which means you can withstand the pressure, so I can give you the copy I prepared for you to operate.”
Wang Wanli was very happy and said quickly: "Thank you, Director Yang. I won't say anything else. If you have anything to ask in the future, just let me know. I will never refuse. So what should I do now?"
“Organize your traders and have them video chat with me after 3 o’clock this afternoon. I’ll give the instructions and they’ll execute. Oh, by the way, you also need to prepare the European stock market accounts and foreign exchange. You will bear all the accounts, foreign exchange, and risks, and we’ll split the net profit in half.” Yang Chen said.
Wang Wanli laughed and said, "Haha... no problem. It's our honor that Director Yang can take us out to play, and we should take on these responsibilities. Then I'll go get ready now, and we'll contact via video at 3 pm."
Wang Wanli hung up the phone happily and quickly called all the traders to come to the headquarters immediately and be on standby.
ICBC and Longguo Bank both dare to make this money, so the other three of the Big Five banks naturally have the courage as well.
Afterwards, the presidents of the Agricultural Bank of China, the Construction Bank of China, and the Commercial Bank of China also called Yang Chen to ask for some of the money to be distributed to them.
They were eager to help Yang Chen make money, so there was no reason for them to disagree. After all, this time Yang Chen was cooperating with the five major banks in his personal capacity, and the money he earned would be split in half between him and the five major banks.
Yang Chen asked the three banks to get ready and wait for him to give instructions via video link at any time in the afternoon.
At three o'clock in the afternoon, Yang Chen and Longguo Bank's President Wang Wanli connected via video.
Wang Wanli smiled and said, "Mr. Yang, good afternoon. I have gathered more than 120 traders, who are completely under your command."
Yang Chen smiled and nodded, and said: "Well done. The European stock market is about to open, so we can start now. We don't need to operate too much, just operate 6 stocks at a time. You divide into 6 groups that can operate independently, and I will assign tasks after the division."
Wang Wanli quickly shouted, "Hurry up, hurry up, Director Yang wants everyone to split into 6 independent teams, you quickly follow Director Yang's orders."
The traders immediately did as they were told and divided themselves into groups according to their abilities and expertise, ensuring that each group could operate a stock independently.
After the groups were completed, Yang Chen began to assign tasks to them.
Yang Chen plans to target the controlling shareholders of 1-2 clubs in each country.
La Liga.
Yang Chen chose Real Madrid Club and shorted ACS Construction Group under the name of its controlling shareholder Esterillas and Spanish telecommunications giant Telefonica Group.
"Group 1 is responsible for shorting the Spanish listed company ACS Construction Group. They will short as much as they can."
"Group 2 is responsible for shorting Spanish telecommunications giant Telefonica Group, and they are still shorting as much as they can."
Group 1 and Group 2 immediately followed Yang Chen's orders and operated the company they were responsible for.
Serie A.
Yang Chen chose Inter Milan and shorted Saras Oil Group and Italian Telecom Group, both of which were owned by its major shareholders, the Moratti family.
"Three groups are shorting the Italian Saras Petroleum Group, and they are still shorting as much as they can."
"Four groups are shorting Italian Telecom Group, and they are shorting as many as they can."
Groups 3 and 4 quickly followed suit.
Premier League.
Yang Chen chose Chelsea and Manchester United. Both clubs are listed, so he can target them directly.
"Five groups shorted Chelsea FC, six groups shorted Manchester United FC, as many as they could."
Group 5 and Group 6 immediately executed Yang Chen's operation orders.
Afterwards, Yang Chen said loudly again: “After each group completes the short selling work, send a notice to the company or club you shorted, telling them that the man who shorted their stock price is Yang Chen.”
The leaders of the six groups immediately responded loudly: "Understood!"
Yang Chen said to Wang Wanli: "President Wang, just watch. If you have anything, call me. I still need to connect with the presidents of several other banks to continue operating other clubs."
Wang Wanli quickly said, "Okay, okay. Don't worry, Director Yang, I will keep an eye on you closely and report any problems to you immediately."
Yang Chen nodded and ended the video call with Wang Wanli.
Afterwards, Yang Chen contacted the Agricultural Bank of China President Guo Changrong, the Construction Bank of China President Li Wei, and the Commercial Bank of China President Li Baitao respectively, and used their accounts and funds to continue shorting other clubs or companies invested by shareholders.
ABC is responsible for shorting Arsenal and Tottenham.
CCB is responsible for shorting Saint-Germain and Lyon.
The firm is responsible for shorting Bayern and Dortmund.
Including the clubs and shareholders' companies, Yang Chen shorted a total of 24 clubs or companies through Longguo Bank, Agricultural Bank of China, Construction Bank of China, and Commercial Bank of China.
The specific amount of short selling will only be known after the traders of these four banks complete the short selling process and summarize it.
Yang Chen said to Chen Xi: “Chen Xi, let’s make a table to count the companies we have shorted this time, and post it on my personal Weibo and Sihai Investment’s Weibo later.” Chen Xi quickly said: “Ah? Doesn’t that mean that everyone in the world knows that you are the one who shorted it?”
Yang Chen smiled and said: “Originally, I wanted to let everyone in the world know that I was the one who shorted it. This is called killing the chicken to scare the monkey. If other clubs and shareholders don’t want to be shorted by me, then they have to behave themselves and do things well.”
Chen Xi smiled and nodded, saying, "I understand! I'll do it right away!"
More than ten minutes later, Chen Xi finished the form and sent it to Yang Chen for review. Yang Chen saved the picture very satisfied and would post it on Weibo after completing the short selling.
At 6:456.8 in the evening, traders from all six banks had completed their short selling work and compiled the short selling data, with a total short selling market value of approximately billion euros.
Now you can post on Weibo. Yang Chen will post on his Weibo, and Chen Xi and others will use Sihai Investment’s account to repost Yang Chen’s Weibo.
Yang Chen's Weibo: "The European football leagues have attacked me without reason and have tried to sow discord between me and my compatriots. I strongly condemn this. I have always lived by the principle of "I will not offend others unless they offend me. If they offend me, I will punish them." I must respond to this. In a civilized and rule-of-law society, every word and action must be based on the law, so I have decided to launch a self-defense counterattack against all the participating clubs in the football league that have attacked me and their shareholders. At present, I have shorted the following clubs and the companies controlled by their shareholders in accordance with the law. If they do not stop their wrong behavior and apologize for it, other clubs will not be spared, and I will short all of them in the future. Finally, I want to emphasize that no unit or individual from the Dragon Country should get involved. I and these foreigners must win or lose."
The list of clubs and companies that Chen Xi has shorted is attached below.
As soon as the Weibo post was published, Chen Xi immediately reposted it using the Sihai Investment account.
This Weibo post quickly attracted a large number of netizens, and as of 24:50, there were more than comments.
"Ah? I thought that the last time Boss Yang led the five major banks to take revenge on foreign capital was already the pinnacle, but I didn't expect that he could come up with an even more amazing operation."
"I admire Boss Yang's confidence. Why does he think he can succeed in short selling?"
"Boss Yang is crazy and shorted 30 companies in one go. I like his personality. I will fight anyone who cuts off my finances. I will fight him if he doesn't agree. I don't care about life or death."
"I really want to know how Boss Yang can make the stock prices of these companies fall. I also want to short sell with him, but I don't know how to trade European stocks and Bald Eagle stocks."
……
Wang Wenkang received a screenshot of Yang Chen’s Weibo from his secretary and immediately called Huang Zhenhua, the mayor.
Wang Wenkang said, "Hello, Mayor Huang, I'm sorry to bother you. I have something to report to you."
Huang Zhenhua yawned and asked, "What's the matter? Tell me."
Wang Wenkang quickly replied: "Yang Chen just posted a Weibo to publicly declare war on the European leagues, and shorted 30 companies at once, including Real Madrid, Manchester United, and other very famous clubs. He also shorted other listed companies under the names of these club owners."
Huang Zhenhua was shocked and said, "Ah? This guy is really ruthless. Can he operate so many companies at once?"
Wang Wenkang smiled and said, "He is in charge of the Big Five Banks. He operates the business, and the Big Five Banks provide the accounts and money. I guess they share the profits in half. With the Big Five Banks as his backing, he doesn't have to worry about not getting his money back. This guy is smart. He can get something for nothing, and he can transfer all the risks to the Big Five Banks. He just needs to do it and wait for the money. However, he emphasized that no unit or individual from Longguo should get involved, and he must win or lose with these foreign capital. I guess the Football Association and other units will definitely receive pressure from the international community and put pressure on him. Should we help him?"
Huang Zhenhua immediately said: "We have to help him. You should inform everyone now and don't interfere with Yang Chen's operation. We are counting on him to solve the big trouble of Sihai Group. How can we not protect him?"
Wang Wenkang quickly said, "Okay, I'll do it now."
After hanging up the phone, Wang Wenkang immediately called the heads of the financial regulatory department, sports department, etc., asking them not to interfere in the battle between Yang Chen and foreign capital.
Although they were not happy about it, Wang Wenkang was firm in his attitude and even stated that he would use all the strength of Jiangcheng City to protect Yang Chen's legal rights and interests and ensure that he could compete fairly with foreign capital.
This situation can only be reported to higher-level leaders, and they will decide whether to intervene in Yang Chen's behavior.
That's enough. The Jiangcheng Municipal Government only needs to fight back and forth for a few rounds to buy Yang Chen a few days. Those foreigners see their company's stocks plummet every day when the market opens. They won't be able to hold on for a few days and will surrender and admit defeat.
Premier League.
Chelsea owner Polly is holding a meeting with senior executives.
"Fuck! What have we done to anyone? Let them fight, why are they shorting us?" Polly roared.
Many senior executives spoke up to express their opinions.
"According to the screenshots circulating on the Internet, Yang Chen shorted 30 companies at one time, most of which were European football clubs, as well as three broadcasters and three sponsors. FIFA does not allow Dragon players to drink Sihai Ice Spring, so he is clearly taking revenge."
"But if he wants to take revenge, why would he take revenge on FIFA? Why would he take revenge on a club that has nothing to do with us? Falk, the stock price dropped by 20% in one hour. Who can bear this? I don't know what will happen when the market opens tomorrow."
"Don't you understand? The Premier League officially announced the cancellation of its partnership with the Dragon Country broadcaster, and he responded by shorting several of our clubs. He also said that he would short other clubs in the future until the Premier League and other league officials admitted their mistakes and lifted the ban."
"Damn it! Our European league has nothing to do with the Asian team, so why should we get involved? Not to mention that they drank water without any banned ingredients, even if they drank water with banned ingredients, so what? They won't play against us, so why should we sacrifice ourselves to target them."
……
Polly felt that what some executives said was right. At least according to current laws and technology, the Dragon Country team did not violate any regulations. If other countries were dissatisfied, they could only blame their scientists for not having such capabilities, and not blame the Dragon Country scientists for being too powerful.
The Dragon Country team only enhanced their physical strength by drinking the Four Seas Ice Spring. At most, it allowed the Dragon Country players to make up for the physical gap between them and the white and black athletes. The key factors that really determine victory in the game are still the players' skills and the team's tactics.
In this case, why would the Premier League risk sacrificing the interests of various clubs to target the Dragon National Team?
Polly said: "I will contact other short-selling team owners to communicate and hear what they mean. I don't want to sacrifice myself to get involved in a fight that has nothing to do with us."
At this time, the owners of all the clubs that were shorted by Yang Chen, including Manchester United, Arsenal, Tottenham, Real Madrid, and Saint-Germain, were holding meetings to discuss countermeasures.
Soon, Chelsea owner Poli pulled the owners of other shorted clubs into the video conference room for communication.
Arsenal boss Kroenke opened his mouth and cursed: "This damn Yang Chen is really tired of living. He thinks that just because he is a Dragon countryman, we are not afraid of the assassins to kill him? Mr. Moratti, you should ask the Italian Mafia to take action now and send people to Dragon country to kill this damn bastard."
Inter Milan owner Moratti said: "Why don't you send the Navy SEALs of Bald Eagle to assassinate him? That's Dragon Country. It's hard to say whether we can get in. If we get in, we can't come back. Don't say these useless things. This is the responsibility of our league office. What kind of water do the Dragon people drink? What does it have to do with European football? They don't play with us. Even if they really make it to the World Cup, the water will only make them energetic, and at most it will narrow the gap in physical strength between us. What's the big deal? Why should we help FIFA to ban people from drinking water?"
Real Madrid boss Esterias said: "That's true, but Yang Chen, that bastard, actually dared to short sell so many of our clubs. If we surrender so easily, how can we face people in the future? I suggest that everyone quickly raise money, increase holdings and pull up the stock market when it opens tomorrow, and also issue a notice to tell everyone that we are going to increase holdings, lure institutions and retail investors to follow suit, or at least force them not to follow suit and sell. Our stock price will definitely rise. He, a Dragon countryman, wants to short sell our stock price and can do so successfully? Is he dreaming?"
This is like not shedding tears until seeing the coffin, and not feeling pain until the knife is inserted into the flesh.
He thought that Yang Chen's short selling was the same as other institutions' short selling, and he also thought that the stock price could be pulled back simply by shareholders increasing their holdings.
The little foreigner doesn’t have much knowledge, so this time let him see what a stock god is.
The other club owners hesitated for a moment, and finally nodded in agreement with Esterillas' suggestion. They should try to increase their holdings to raise the stock price first. If that could solve the problem, they would continue to fight on. If the stock price continued to fall, they would quickly admit defeat and surrender. There was no need to use their own wealth to help others.
Subsequently, the top leaders of the Premier League, Serie A, Ligue 1, La Liga and other leagues sent an email to all clubs.
The main content is to reassure everyone not to be nervous. It is impossible for Yang Chen to succeed in shorting on such a large scale. As long as everyone can withstand the pressure, Yang Chen and Longguo Sports will definitely be the ones to admit defeat in the end.
At this time, Zurich, FIFA headquarters.
FIFA head Infantino is also holding a meeting with his subordinates to discuss countermeasures.
“Damn Yang Chen is a lunatic. Not only did he short our sponsors and broadcasters, he also shorted major European clubs. He is going to fight us to the end. I have never seen anyone so crazy. He shorted 30 companies at once, and he threatened to continue. If he does, all countries will shut down the short-selling mechanism in the stock market. I have seen many crazy people, but this is the first time I have seen someone so crazy! What do you think?” Fantino said angrily.
The subordinates expressed their opinions one after another.
"We continue to put pressure on Longguo. I don't believe that Longguo will give up sports competition just to protect him."
"I don't agree! At present, Yang Chen does have a very magical short-selling ability. He has successfully shorted several giant companies such as Deutsche Bank. Now he has shorted 30 companies at once, and the stock prices of these 30 companies have all fallen by more than 10 points. If we push the Dragon Country into a corner, they will let Yang Chen short foreign companies. If those shorted companies cannot save themselves, they will definitely vent their anger on us. What should we do then?"
"I don't believe he can succeed in short selling. Those club owners and shareholders can't just sit there and watch the stock price fall and do nothing. They will definitely save the stock price. As long as they push up the stock price and force Yang Chen's short position to explode, Yang Chen will not only have to admit defeat, but will also suffer heavy losses. We just need to encourage those club owners and shareholders to increase their holdings and push up the stock price."
……
Although the subordinates have different opinions, one thing is certain: no one is willing to compromise and surrender at this time. They still want to wait and see.
Fantino thought for a moment, then said: "Okay! I will send emails to the heads of European leagues and football associations to encourage them to persevere. Victory will definitely belong to us."
(End of this chapter)
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