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

Chapter 140: Sanxing's downfall, South Korean chaebols band together to deal with Yang Chen
The Bald Eagle family has a large number of troops stationed in South Korea, which is something that people all over the world know.

If the Bald Eagle family needs land to station troops and deploy weapons, they can ask the South Korean government for the land. The South Korean government will definitely approve it immediately, and the consequences will also be borne by the South Korean government.

Now the Bald Eagle wants to ask Le Tian Group for land. As long as Le Tian Group dares to agree, Le Tian Group will have to bear the consequences.

If it is just a simple stationing of troops, it is not a big problem. However, if some weapons are deployed on the land, the consequences will be serious. The surrounding countries will definitely protest, which will affect the performance of the Le Tian Group in the surrounding countries.

Xin Xiangdong quickly asked the president of the Bald Eagle family to show leniency and asked him to ask the South Korean government for the land instead of the Letian Group.

The Bald Eagle's garrison is the source of pollution. The original military camp has been polluted and is no longer suitable for living, so they want a piece of land with a good environment to build a military camp and deploy weapons that can monitor and threaten neighboring countries.

The Letian Group happens to have a piece of land with a beautiful environment next to the South Bang Qingzhuantai. Stationing troops and deploying weapons here not only allows them to enjoy a better environment, but also allows them to directly control the South Bang government, while also allowing the weapons to cover the areas they want to cover to the maximum extent possible.

The president of the Bald Eagle family said with a smile: "President Xin, I hope you understand one thing. I am not discussing with you, nor am I asking you, but ordering you. The land next to the Qingzhuantai owned by the Letian Group must be given up. It will be good for you, for me, and for everyone in South Korea. If you don't give it up, no one will be able to survive. Do you understand?"

Xin Xiangdong quickly expressed his concerns and asked the President of South Korea to help persuade the President of Bald Eagle not to take the land.

But the result is predictable, all his requests were in vain.

The Bald Eagle President patted Xin Xiangdong on the shoulder with a smile and said, "Sun Changyi and I asked for an investment of 2000 billion Eagle Currency, and he didn't dare to say no. You? Don't narrow your path, understand?"

Xin Xiangdong almost cried, but no one could help him. He had to accept the request of the president of the Bald Eagle family and give up the land.

Reporters from major media outlets in various countries rushed to send back reports, with each country reporting the news that the Bald Eagle family wanted to occupy the land of the Le Tian Group and station troops and deploy weapons.

As soon as this news came out, it quickly caused an uproar in the Sakura Country, the North Korean Country, and the Dragon Country.

North Korea has no presence and any statement made by it can be ignored.

The status of the Sakura Country is not as good as that of the South Korean Country, so naturally it dares not object.

But the situation was different in Long Country. Le Tian Group was immediately boycotted by the entire Long Country.

Some excited people went directly to Le Tian Supermarket and department stores to protest, and some even smashed the goods inside.

The share prices of Le Tian Group's Dongjing Trading Market and Shouer Trading Market both collapsed.

The price in the Dongjing trading market fell rapidly, and coupled with the fact that Sun Changyi was still selling off the shares held by Shuyin Group, the stock price soon broke through 100 Sakura coins. Compared to before Yang Chen shorted, the market value had fallen by more than three quarters.

The situation on the Shouer trading market was also very bad. In the blink of an eye, it reached 5000 stick coins. Compared with the market value before Yang Chen shorted it, the market value had fallen by two-thirds.

BlackRock President Pacquiao quickly handed the cigar to Yang Chen with both hands, and Barkley quickly lit it for Yang Chen.

"Mr. Yang is truly amazing. Even the CIA is not as powerful as you! You can even know such military secrets in advance. You say you are not possessed by God, but I just don't believe it." Pacquiao said with admiration.

Barkley immediately said, "If I hadn't seen it with my own eyes, I would never believe anyone who told me that Mr. Yang succeeded in doing so. I only knew that Mr. Yang was great before, but now I finally feel for myself how great you are. Mr. Yang, I won't say anything more. Please take care of us if you have such actions in the future. Although we may not be able to provide you with any substantial help, we can use our influence to help you solve the problem of fund repatriation after short selling. If you need to return funds to China in the future, you can transfer them directly to us and we will give you the money in Longguo."

I rely on!

Stealing business, right?
The bank presidents were jealous.

"No, can't you understand the rules? We have always been doing this kind of mission. You just arrived and you want to snatch it away? Do you believe that we will freeze your assets in Longguo?" Bank President Wang Wanli warned.

President Zhao Kun followed up and said, "That's right! Can you please understand the rules? It's good enough that I'm taking you to play, but you want to take our job away. Aren't you too greedy?"

Pacquiao quickly smiled and explained, "I'm sorry, I'm sorry, please don't be angry, Mr. Presidents. We are just giving Mr. Yang another choice, not trying to steal your job. In the future, Mr. Yang should consider you first, and only consider us if it's too troublesome. Okay?"

Buckley also smiled and said, "Yes, yes, it's just another option. Don't misunderstand, Mr. Presidents. We don't mean to steal your jobs. From now on, we are all allies. Harmony is the most important thing."

This time, the main purpose is to prevent the Sakura Country and the South Korean Country from freezing the money earned from short selling without any moral principles. Then it will take a lot of trouble to get it back, so Yang Chen brought BlackRock and Vanguard.

Anyway, the money earned is from investors in the Land of Sakura and South Korea, so as long as these two companies can ensure that the funds can be withdrawn safely, it will be fine.

As for whether to bring them with you in the future, it depends on whether you can use them. If you can use them, then bring them with you. If you can't use them or they are not very useful, then don't bring them.

Yang Chen smiled and said, “Okay, okay, I’ll definitely take you with me when there’s a suitable opportunity.”

Barkley quickly said, "Okay, okay, thank you Mr. Yang. Then when do we close the position? This price is about right, right?"

Yang Chen shook his head and replied: "I won't close the position for now. My personal grudge with Le Tian Group has not been resolved yet."

When Pacquiao saw that his chance to show off was here, he immediately volunteered and said, "Mr. Yang, I'll talk to Xin Xiangdong and ask him to come over and apologize to Mr. Yang in person!"

Barkley nodded and said, "Yes, yes, yes, we have plenty of ways to make him surrender!"

Yang Chen smiled and nodded, and Pacquiao immediately called Xin Xiangdong.

After hearing what Pacquiao said, Xin Xiangdong immediately roared in anger.

"Are you going too far? You shorted our stock price and want me to apologize in person? Do you think it's possible?" Xin Xiangdong roared.

Pacquiao sneered and said, "Your stock price has collapsed like this, why are you still holding on? Do you want me to go to Shouer now to talk to our president and make you pay a higher price?"

Xin Xiangdong said angrily: "You are all robbers! You are all robbers, you don't care about other people's feelings at all, you only care about your own interests! Come on, if you want land, go ask the government, why do you want to ask us? You killed us and we lost the world's largest single market!"

Pacquiao laughed and questioned, "You are just a dog we raise. You should be aware of being a dog. You have to give whatever your master asks you for. Do you understand? Okay, I don't want to waste time talking to you. Just tell me whether you can come over to apologize to Mr. Yang or not."

Xin Xiangdong immediately replied: "Absolutely impossible! At worst, I can just give up Longguo Market, but I will never go over to apologize to him!"

Pacquiao immediately angrily cursed: "Fuck! Don't be so shameless! I am helping you. As long as you come over and apologize, we will stop shorting the shares of the Le Tian Group, and you can find a way to deal with the public relations. If you reject my advice now, your stock price will continue to fall. Do you understand?"

“Bullshit! Do you think you are gods? Do you think Yang Chen is possessed by God? He can do whatever he wants? We still have a lot of funds to increase our holdings, and other chaebols have also promised to help me. I am not just representing myself now, I also represent the chaebol class of the South Korean Empire. Even if I am willing to surrender and admit defeat, other chaebols will not be willing to do so. Do you understand?” Xin Xiangdong roared.

Pacquiao was so angry. He originally wanted to show off in front of Yang Chen, but now he was embarrassed. He failed and was even criticized by Xin Xiangdong. It was really pathetic.

After hanging up the phone, Pacquiao angrily cursed: "Fuck! Shame on you! Mr. Yang, let's continue to short the Le Tian Group. I wonder how long he can hold out!"

Yang Chen smiled and said, “If he wants to continue playing, then just continue playing with them.”

Pacquiao said: "He must come here in person to apologize, not only to Mr. Yang, but also to me, otherwise this matter will not be over!" At this time, the Longguo District of Le Tian Group issued a notice.

Simply put, because the emergency situation was beyond the control of Le Tian Supermarket and department stores, in order to ensure the safety of staff and avoid property loss, Le Tian Group Longguo District decided to suspend the operation of all supermarkets.

But the angry Chinese people were still unwilling to let them go. Le Tian supermarkets in many cities were smashed, and some were even splashed with feces. In short, it was a mess.

Longguo’s brands quickly followed suit.

Weilong Video issued an announcement that it would immediately remove Weilong Video from all Le Tian supermarkets and department stores, and would no longer have any form of cooperation with Le Tian Group.

Then, Ctrip.com issued an announcement to immediately terminate its cooperation with Le Tian Group and stop transporting tourists from Dragon Country to South Bang.

This means that Le Tian Duty Free Shop, 70% of whose customers come from Longguo, will suffer a heavy blow and it is hard to say whether it can continue to operate.

Subsequently, Alphabet Dance Company issued an announcement.

"From now on, all platforms under Byte Dance will block keywords related to Le Tian. At the same time, we advocate that creators and businesses can choose the right stance in the face of major issues. Let us say no to foreign companies that eat the food of Longguo and want to destroy the bowl of Longguo!"

……

For a time, there was a wave of terminating cooperation with Le Tian Group in the Longguo market.

When it comes to national interests and national sentiment, most companies can make the right choice.

Seeing that Le Tian Group was completely defeated in the Longguo market, Xin Xiangdong quickly sent a negotiation team to Longguo for negotiations. They could give up some interests and hoped that the Longguo market would not drive Le Tian out.

Today, all industries in Longguo have rapidly developed to a new level, and the previous distribution of benefits can no longer meet the needs of corporate development.

In the past, Longguo paid too much and gave up too much profit in order to attract investment. Now that Longguo's enterprises have developed, some non-high-tech foreign-funded enterprises have completed their historical mission and it is time for them to withdraw from the Longguo market.

If Le Tian leaves, local supermarkets in Longguo will take over its market. After all, it is better to let their own people make the money than to let foreigners take it away.

Therefore, no matter how much benefit Le Tian’s negotiation team gives up, as long as the land cannot be taken back, there is no point in talking. The Longguo market will no longer accept its existence.

The negotiation team returned empty-handed, and after realizing that the situation was beyond saving, Xin Xiangdong simply gave up.

Xin Xiangdong, who had not accepted a media interview for a long time, made an exception and accepted an exclusive interview with the Chosun Ilbo, the most authoritative media in South Korea.

Xin Xiangdong deliberately acted as if he didn't care, with a smile on his face. He talked a lot about how Le Tian Group was a multinational company, and Longguo was just one of its unimportant markets, so losing the Longguo market would not have much impact on Le Tian Group. He himself didn't care at all, and neither did the company's executives and shareholders.

In fact, the sales of Le Tian Supermarket in Longguo last year reached 180 billion dragon coins, and 70% of the sales of duty-free shops were contributed by Longguo people. These two items alone would result in a loss of billions of dragon coins in profits each year. To say that he doesn't care at all is absolutely nonsense.

However, Xin Xiangdong's feelings are understandable. Since it cannot be salvaged, he can only act more free and easy.

Xin Xiangdong's exclusive interview can only fool the Koreans, but the capital market will not be fooled by him. Institutions and retail investors have been selling shares of Le Tian Group. The share price in the Shouer Trading Market has fallen below 3000 Korean coins, and the price in the Sakura Country has directly broken through 80 Sakura coins. It is really cheaper than cabbage.

Xin Xiangdong naturally would not sit idly by and wait for death. He immediately contacted other chaebols to discuss working together to raise the share price of Le Tian Group.

Hyundai Group was the first to rush in, taking out 1 trillion Bam coins to buy shares of Le Tian Group, bringing the share price back to a price close to 5000 Bam coins.

Subsequently, Sanxing Group issued an announcement.

"Sanxing Group will defend the legitimate rights and interests of Le Tian Group. We are willing to pay any price to protect the share price of Le Tian Group. Sanxing Group will fight to the death against the robbers who infringe on the South Korean Empire's enterprises!"

Subsequently, several South Korean chaebol groups including Hanjin Group, SK Group, and Daewoo Group issued announcements that they would do their utmost to protect the Le Tian Group.

LG Group, which cooperated with Sihai Group on Shengbei Pills and Slimming Pills, did not publicly support Le Tian Group. However, in order to save everyone's face, they still quietly supported some funds to increase their holdings of Le Tian Group's shares.

Choi Jae-seok, president of LG's cosmetics division, called Yang Chen.

"Mr. Yang, we need to communicate with you. We will increase our holdings of Letian Group shares, but not too much, at most 100 million shares as a token of our appreciation. We hope Mr. Yang can understand our difficulties and not misunderstand our sincerity in cooperating with Sihai Group." Choi Jae-sik said politely.

Yang Chen smiled and said, "I understand, I understand. You don't have to care about my thoughts, just do what you have to do. I am a very open-minded person, and I won't blame you for this matter."

Cui Zaixix laughed and said, "That's good, that's good. We were worried that Mr. Yang would misunderstand, so I called you to communicate. Sanxing is also out, Mr. Yang should be prepared."

Yang Chen said happily: “Really? You see, I felt a little embarrassed for shorting Sanxing for no reason, but it actually came to my door. Now no one will say anything when I short Sanxing, right?”

Cui Zaixix asked in shock: "No way? Did I hear it right? Mr. Yang wants to short Samsung? That's crazy, right? Samsung is the largest chaebol group in our South Korean Empire. It has a pivotal position and huge influence all over the world. How can you succeed in shorting Samsung?"

Yang Chen smiled and said, "Why is this impossible? As long as it's a company, it must have weaknesses, and Sanxing is no exception. I'm very happy that you can call me. I'll just remind you, LG, don't stand out, just hide behind and sell some stocks, I won't target you. If you dare to openly go against me, I won't let you go just because we have a cooperation."

Cui Jae-seok quickly replied: "Understood! I will definitely tell the president what you said."

Yang Chen said with satisfaction: "Well, that's good. Hang up now, lest your chaebol friends find out and misunderstand your loyalty."

Cui Zaixix smiled awkwardly and said, "Okay, okay. That's it, bye Mr. Yang."

Choi Jae-seok hung up the phone and hurried to report the situation to LG Group Chairman Gu Chang-moo.

"President, I called Yang Chen and talked to him. He understands our difficulties and allows us to buy some stocks of Le Tian Group. However, it is limited to buying a few stocks. We cannot do anything else, and we cannot openly oppose him, otherwise he will also take action against us. In addition, he wants to move against Sam Hing!" Cui Jae Seok reported.

Ju Changmao said in shock, "Is he crazy? One Le Tian Group is not enough, he wants to touch Sanxing? Doesn't he know what position Sanxing holds in the South Korean Empire and even in the world? It's really a miracle that he can short Sanxing successfully!"

Cui Zaixu said: "It's hard to say. As far as I know, none of the companies he shorted were able to resist successfully. I can also hear from his tone that he is very confident."

Ju Changmao laughed loudly and said, “Shuyin Group and Wall Street institutions are all financial companies. It is understandable that they cannot resist Yang Chen’s short selling with money alone. Sanxing is an industrial company and has mastered various high technologies. It is not easy to short it. Investors cannot be so stupid as to be fooled by Yang Chen. As long as investors do not sell their stocks, what can Yang Chen use to short Sanxing’s stock price?”

There is nothing wrong with this statement. Sanxing mobile phones rank first in global sales, and Sanxing Semiconductor also occupies a very important position in the global market. One can make a lot of money just by lying down every day. Theoretically, there is indeed no possibility of successful short selling.

but!

That's all in theory. Theory doesn't apply to Yang Chen, otherwise those companies wouldn't have surrendered one after another.

Soon, the news that Sanxing and other chaebols had joined forces to deal with Yang Chen spread to the Dragon Country network...

(End of this chapter)