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

Chapter 138: Sun Changyi of Shuyin Group provokes Yang Chen, let’s deal with him!

Sun Changyi, president of Shuyin Group, had a good relationship with Mr. Ma from Aligaba, so he immediately called Mr. Ma for help.

"Mr. Ma, please help persuade Mr. Yang to only short the stocks of Letian Group listed on the Shouer Trading Market, and not short its stocks listed on the Dongjing Trading Market. If Mr. Ma is willing to help, I will sell off some more of Aligaba's stocks, so that more of the money earned by Aligaba can go into the pockets of the Long people. How about it?" Sun Changyi said straight to the point.

Mr. Ma smiled and said, "Mr. Sun thinks too highly of me. Don't you see that Mr. Yang has called together allies this time? Do you think I can persuade them? For the sake of our friendship, I will give you a suggestion. Sell your shares in Le Tian Group as soon as possible. The sooner you sell, the higher the price will be. Believe me, it is absolutely right."

Sun Changyi replied: "I would like to, but we hold more than 20% of the shares, and no one will take them if we sell them now. Moreover, selling them at this time is equivalent to helping Yang Chen short sell. We have invested for so many years and finally left at a loss. I can't explain to the shareholders. Mr. Ma, please try to persuade Mr. Yang. Okay?"

When Ali Gaba needed funds for development, Shuyin Group provided timely investment. Sun Changyi asked for help at this time, and Mr. Ma was embarrassed to refuse, so he had to agree.

Mr. Ma called Yang Chen and told him about Sun Changyi's request.

Yang Chen smiled and said, “I understand that you have a special relationship with him, and you can’t afford to lose face. But now that I’ve taken action, there’s no way I can stop. It’s either cashing out quickly or finding a way to resist. There’s no other way.”

President Ma understood Yang Chen’s temper, he didn’t dare let Yang Chen misunderstand anything, he quickly said with a smile: “Understood, understood. He asked me for help, so I naturally have to tell you. As for the result, I can’t guarantee it. President Yang should do what he wants, don’t consider my feelings.”

"Okay. I understand. Hang up. I'm still watching the market here." Yang Chen said with a smile.

Mr. Ma nodded and quickly hung up the phone.

Soon Sun Changyi received a reply from Mr. Ma.

"Boss Sun, I'm sorry. I told Boss 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. These are his exact words. You can do whatever you want. I really tried my best. Sorry."

When Sun Changyi saw the message from Mr. Ma, he could only sigh helplessly.

Shuyin Group holds too many shares in Le Tian Group, and they cannot find any competitors to take over even if they want to sell them.

Therefore, there is actually only one way left for them, and that is to join forces with Le Tian Group to launch a battle to defend the stock price.

As Xin Xiangdong, chairman of Le Tian Group, said, Le Tian Group is in good operating condition and has excellent profitability. Normally, no one can succeed in shorting it, 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 Le Tian Group, and said bluntly: "Chairman Xin, let's work together to protect the share price of Le Tian Group."

Xin Xiangdong said happily: "Okay! Mr. Sun is a righteous man. You are responsible for raising the stock price of Dongjing Trading Market, and I am responsible for raising the stock price of Shouer Trading Market. I have contacted the Cleveland Consortium, and they will contact me via video conference later. I will invite you in to chat. I am not afraid at all, we have enough ability to defend the stock price. Isn't Yang Chen known to be invincible? This time, let's join forces to let him experience the taste of failure!"

Xin Xiang doesn't just talk, he takes actual action.

The Longguo District of Le Tian Group issued an announcement.

"As a globally renowned integrated multinational company, Le Tian Group has been adhering to the principles of respecting the laws, customs, and beliefs of various countries for many years, and is committed to providing the best products and services to consumers around the world. We regret that this happened. We formally express our sincere apologies to the relevant personnel for the inappropriate remarks made by the president of Longguo District. However, we also hope that the relevant personnel can assume legal responsibilities instead of finding a scapegoat to fool the public. Although we do not understand the behavior of multiple platforms blocking Le Tian, ​​we express our respect. Although we have lost the online opportunity, this will not affect Le Tian Group's enthusiasm and purpose to serve the majority of consumers. Our offline stores will continue to provide the best services and products to consumers in Longguo. We hope that the laws of Longguo can give the most fair treatment to this matter, and we will continue to follow up on the development of the incident."

The announcement from the Longguo District of Le Tian Group looks very grand, but this is just superficial work, they are also taking actions behind the scenes.

Le Tian Group has issued a telephone notice to all brands that have entered supermarkets and department stores. If they want to continue selling their products in Le Tian supermarkets, they must terminate their cooperation with platforms such as Aligaba, Penguin Group, Douyin Mall, Pinxixi, and Jingdong. They are not allowed to open official flagship stores, direct stores, etc. on these platforms. At most, ordinary merchants are allowed to sell on their behalf.

If they are channel dealers, if they want to continue selling the products represented by their company in Le Tian supermarkets and department stores, they must immediately terminate their cooperation with Sihai Group. At the same time, they must also cancel their direct stores and flagship stores on online platforms such as Ali Ga Bar.

The share price of Le Tian Group is falling. At this time, the breakdown with brand owners and channel dealers will inevitably affect the performance. Will the group's share price fall even more?

Hey?
Xin Xiangdong has a solution.

All goods that are kicked out of Le Tian Supermarket and Le Tian Department Store because they do not meet the requirements of the Le Tian Group will be replaced by products produced by the Le Tian Group and other companies in South Korea.

For example, for the product of egg yolk pie, if the Longguo brand Daliyuan is unwilling to accept the request of Le Tian Group and leave Le Tian Supermarket and Le Tian Department Store, Le Tian Group will shift its resources to the South Korean brand Orion and related products produced by Le Tian itself.

As we all know, many Chinese people are superstitious about foreign brands. They believe that foreign brands are better than domestic ones. This is true in almost every industry, from clothing and cosmetics to food and automobiles.

Therefore, if all the products in Le Tian Supermarket were replaced with foreign brands, sales would definitely be better.

This is not nonsense. This conclusion can be drawn from the great and reliable image of Sam's Club in the eyes of some people.

If Longguo brand products indicate which additives are used, then they are garbage and toxic.

If the product sold by Sam's Club does not indicate the additive ingredients, or only has the additive code marked, then it is a good product and trustworthy.

Xin Xiangdong dared to do this because of the nature of the Longguo people. He even felt that this was not a bad thing, but an opportunity for Le Tian Group to openly reject the Longguo brand.

The news that Le Tian Group forced Longguo's distributors and brands to make a choice quickly became a hot topic on the entire Internet, and major distributors and brands all cried out for justice.

"Who have we offended? You guys fight your own battles, why do you want to implicate us?"

"Boss Yang, aren't you harming people? Why do you want to drag so many platforms into your fight with the Le Tian Group?"

"I knew that a company as big as Le Tian Group would definitely fight back. The consequences of this fight back will be borne by the channel dealers and the brand owners, and Boss Yang will not suffer any loss."

"To be honest, Boss Yang really hurt people this time. He enjoyed beating people, but so many channel partners and brands had to pay for his behavior."

……

At this time, in Yang Chen's office.

Chen Xi hurried in and reported: "Director Yang, Le Tian Group forced distributors and brands to choose between Le Tian and major online platforms. If they want to continue selling goods in Le Tian supermarkets and department stores, they must immediately close their flagship stores and direct stores on major platforms. 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 that Le Tian Group will solve the problem on its own."

Under the influence of the system, Le Tian 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 Le Tian Group will have a big problem that will ensure that he can successfully short sell.

At this time, BlackRock President Papacquiao called Yang Chen in the hotel room.

"Mr. Yang, I heard that the Le Tian 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 you. I have witnessed your ability to short more than once and I have absolute confidence in your ability. But I am really curious about how you can make our short selling successful? I have some understanding of the Le Tian Group. At least from my point of view, I can't find any negative news that can be used to make a fuss. Without negative news to use, how can retail investors and institutions be scared to sell stocks? If they don't sell stocks, how can the share price of the Le Tian Group fall? If the share price of the Le Tian Group doesn't fall, how can we short successfully?"

Yang Chen smiled and replied, “Don’t worry, just wait and watch the show. I said I would handle everything, and I will definitely handle everything. Have a good rest, I’m hanging up.”

Pacquiao's mind was full of questions, but he had felt Yang Chen's terror more than once, so he naturally would not doubt Yang Chen's words. He was just curious about how Yang Chen would operate.

Le Tian Group’s counterattack continues.

Shuyin Group issued an announcement.

"Shuyin Group will stand together with Le Tian Group, and we will protect Le Tian Group's stock price at all costs!"

Then, Hyundai Group, another South Korean chaebol and the parent company of Hyundai Motor that had been shorted by Yang Chen, also issued an announcement.

"Hyundai Group supports Le Tian Group in safeguarding its legitimate rights and interests. We will unconditionally and fully support Le Tian Group in any need."

Hyundai Group still holds a grudge against Yang Chen for shorting Hyundai Motor last time, and this time it wants to push Le Tian Group behind the scenes to avenge Yang Chen.

Subsequently, Cleveland Consortium, one of the major shareholders of Le Tian Group, also issued an announcement.

"As one of the major shareholders of the Le Tian Group, the Cleveland Consortium has the responsibility and obligation to maintain the share price of the Le Tian Group. We will spare no effort to protect the interests of the Le Tian Group and ourselves. We have sufficient capabilities to deal with any enemy attack."

Seeing that these allies had issued announcements, Xin Xiangdong smiled happily.

“Want to fight with me? Are you worthy? I have said long ago that Sihai Group is just a local company in Longguo. It hasn’t even made it out of Longguo. Why should it fight with a comprehensive multinational company like our Le Tian Group? This time, let me prove one thing to the people of the world. Yang Chen is not invincible. It’s just that he hasn’t met an opponent like me before.” Xin Xiangdong said very confidently.

The secretary beside him patted his shoulders and flattered him, saying, "The president is extremely intelligent, and naturally he, a Dragon countryman, cannot compare to him. This time, let the president vent his anger for those companies and individuals who were bullied by him. Those companies and individuals who were bullied by him will definitely be very grateful to the president. Maybe they will be willing to cooperate with our Le Tian Group, and our company can move to a higher level."

Xin Xiangdong rubbed the secretary's long legs happily and said with a smile: "Your mouth is great..."

The secretary understood what he meant and immediately put her hair up with a smile.

Although shareholders and allies have stated that they will do their best to protect the share price of Le Tian Group, the share price of Le Tian Group is still falling. Shuyin Group has no choice but to launch a plan to increase its holdings of Le Tian Group's shares listed on the Dongjing Stock Exchange on a large scale.

With the increase in holdings by Shuyin Group, the share price of Le Tian Group on Dongjing Exchange has rebounded.

Chen Xi ran into Yang Chen's office and reported: "Director Yang, Shuyin Group issued an announcement to increase its holdings of Le Tian Group's Dongjing Exchange listed stocks, a total of 1 million shares, spending 800 billion Sakura coins."

Yang Chen smiled and said, “Shuyin Group is very upset. Since they want to be the first to come out, then I will satisfy them. Notify the five major banks, Pacquiao, and Barkley to come over and start work immediately.”

Chen Xi nodded and quickly called to notify them to come over and start work.

More than half an hour later, everyone was in place at the Sihai Investment Department.

Yang Chen smiled and said: "Shuyin Group has gone too far, I want to clean it up by the way. Shuyin Group has a total of 41.5 billion shares, and the current share price is 35.65 Eagle Coins. If you trust me and have sufficient funds, short sell Shuyin's stocks now. Short sell as much as you can, how much money you can make depends on your courage and insight."

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 appear to be much more cautious. They are very familiar with Shuyin Group. Based on their experience and professional knowledge, no one can successfully short Shuyin Group.

Firstly, Shuyin Group has good operations and sufficient profits, and does not meet the conditions for short selling.

Secondly, Shuyin Group has sufficient funds and sufficient capacity to protect its stock price.

This was the first time Pacquiao and Barkley worked with Yang Chen, so they didn’t dare to take too much risk. However, in order to give Yang Chen face, they still symbolically shorted tens of thousands of Shuyin Group shares.

"Agricultural Bank of China has completed short selling, with a total of 8000 million shares shorted, at an average price of 36.15 Eagle Coins, with a total market value of 28.92 billion Eagle Coins."

"Longguo Bank has completed short selling, with a total of 1.2 million shares shorted, an average price of 36.12 Eagle Coins, and a total market value of 43.244 billion Eagle Coins."

"CCB has completed short selling, with a total of 1 million shares shorted, an average price of 36.13 Eagle Coins, and a total market value of 36.13 billion Eagle Coins."

"ICBC completed short selling, with a total of 1.1 million shares shorted, an average price of 36.55 Eagle Coins, and a total market value of 40.205 billion Eagle Coins."

"The merchant bank has completed short selling, with a total of 9000 million shares shorted, with an average price of 36.68 Eagle Coins and a total market value of 33.012 billion Eagle Coins."

“BlackRock has completed short selling, totaling… a total of 20 shares, with a market value of 731 million Eagle Coins.”

"Vanguard has completed short selling, totaling 20 shares, with a market value of 730 million Eagle Coins."

After listening to the reports from all parties, the presidents of the five major banks couldn't help but burst into laughter.

"Ha ha……"

Yang Chen also smiled, but didn't say anything.

Everyone has their own choice, and no one else needs to say much.

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 the Shuyin Group on a large scale, because I really can't find even a little reason to succeed in shorting it."

Barkley also explained: "That's right! I can't find any reason to succeed in short selling, so... I'm sorry, I just want to participate in this game."

Yang Chen smiled and said, "It doesn't matter. Ah Chao, let's go short as well."

Chen Chao nodded and immediately ordered the trader to short sell 100 million shares of Shu Yin's stock, spending a total of 3650 million Eagle Coins.

Barkley whispered to Pacquiao, "I really don't understand how to short the shares of Shuyin Group successfully."

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 be regarded as a representative of the protagonist with cheats in novels, especially his investment in Ali Gaba and his profit of hundreds of billions of Eagle Coins made him the investment god in the eyes of the Dragon people.

The strength of Shuyin Group is even more powerful than many Wall Street investment banks, so Sun Changyi naturally has a lofty ambition that no one else can match him.

Sun Changyi found out Yang Chen's phone number and called him.

"Mr. Yang, is it going to be such a big deal this time?" Sun Changyi said with a smile.

Yang Chen smiled and replied: "I have always only played big games. Projects that are too small cannot arouse my interest."

Sun Changyi laughed and said, "Mr. Yang, didn't you investigate the specific situation of our Shuyin Group before shorting it? Not to mention that we are well managed and highly profitable, even if our performance is a mess, we have enough cash reserves to protect the stock price. In the words of you Dragon people, who gave you the courage to do this, Liang Jingru?"

“Fuck, did you know that I use Rejoice? I am so confident when using Rejoice!” Yang Chen teased.

"Haha... I'm sorry, Mr. Yang, you're going to fall into my hands this time. You may taste failure for the first time." Sun Changyi said arrogantly.

“You’re 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 and said, "It's good for young people to be confident, but being overconfident is arrogance. I will show you how strong Shuyin Group and I are. Otherwise, you will always think that I was lucky when I invested in Aliga!"

Sun Changyi hung up the phone and took immediate action.

Shuyin Group issued an announcement.

"Shuyin Group is currently operating normally and is expected to make a profit of 50 billion Eagle Coins this year. The group currently has sufficient funds. The Vision Fund holds 900 billion Eagle Coins in cash, and Shuyin Group can mobilize about 1000 billion Eagle Coins for investment at any time."

"We do not understand Mr. Yang Chen of Longguo Sihai Group's malicious shorting of Shuyin Group's stock price, but we accept his challenge. The group immediately initiated the stock purchase procedure, with a minimum purchase amount of 10 billion Eagle Coins, and no upper limit."

After issuing the announcement, Sun Changyi immediately started to increase his holdings, spending 5 million Eagle Coins in one go.

Logically speaking, the stock price should have rebounded slightly, but the 5 million Eagle Coins were spent without making any splash.

Sun Changyi increased his holdings and increased his holdings by 20 billion Eagle Coins in one go, which managed to pull the stock price back above 35 Eagle Coins. The stock price has been trading sideways here, unable to go up, but also unable to go down.

This situation is fine for Sun Changyi as long as the share price of Shuyin Group does not fall.

But for Yang Chen, a sideways stock price means a failure in short selling, 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 told you a long time ago that Shuyin Group really had no reason to succeed in short selling, but you just didn't want to believe us. Do you believe it now?"

Barkley quickly said, "It's okay, it's okay. No one can succeed all the time. Mr. Yang has succeeded so many times, it's understandable that he fails occasionally. It's not a big deal."

Yang Chen leaned back in his chair, resting his feet comfortably on the table in front of him. He happily drank a sip of the coffee that Chen Xi brought to his mouth, then said with a smile: "If it was other investments, I might fail. But when it comes to stocks, I can't fail. Wait, you will see a reversal soon."

Pacquiao and Barkley didn't dare to say anything more, so let's wait and see the result.

At this time, Pacquiao and Barkley both received pop-up news on their phones.

The president of the Bald Eagle family visited the Sakura Country, and the two were discussing whether to go to the Sakura Country to meet the president.

About an hour later, an explosive news suddenly came from the Bald Eagle Capital Market.

WeWork, a shared office space company in New Jersey, announced that it had filed for bankruptcy protection in accordance with Chapter 11 of the Bankruptcy Law. Shuyin Group holds 80% of the company's shares and is valued at 500 billion Eagle Dollars, which means that Shuyin Group has spent approximately 400 billion Eagle Dollars on WeWork.

If WeWork goes through the bankruptcy process, it means that the 400 billion Eagle Coins invested by Shuyin Group will all be wasted.

When this news came out, Pacquiao and Barkley were stunned.

"Why is it so sudden? Why didn't we receive the news in advance?" Pacquiao asked in shock.

Barkley also shook his head in shock and replied: "I don't know! It was too sudden. I didn't receive any news. Shuyin Group holds 80% of WeWork's shares. According to the original valuation, Shuyin Group has invested a total of 400 billion Eagle Dollars in it. Once the court approves WeWork's bankruptcy, Shuyin's 400 billion Eagle Dollars will be gone."

Pacquiao and Barkley looked at Yang Chen who was teasing Chen Xi with shock. At this moment, Yang Chen was a god in their eyes...

(End of this chapter)