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

Chapter 339 Medical Equipment Smoothed, One More Time to Play with the Foreigners

Seeing Yang Chen nod, the presidents of the major banks immediately smiled with joy.

They immediately showed Yang Chen the list of companies from the Bald Eagle Group that they had prepared in advance. Goodness, it included leading companies from all walks of life, such as fruit and Nvidia, totaling 25 companies.

Yang Chen smiled and asked, "Are you guys out of your minds, specifically targeting the star companies of the Eagle Group for short selling? You should understand what it means if you successfully short sell these companies. Aren't you afraid of the consequences?"

Deutsche Bank CEO Horns said with a smile, "Of course we know what it means, and of course we know what the consequences will be. But as long as Mr. Yang is on our side, they can't do anything to us."

Barclays President Boris Johnson said, "The bald eagles have cheated us so many times and taken so much money from us. It's time for us to get our money back with interest. However, we need Mr. Yang to sign an agreement guaranteeing that he will stand on our side. If Wall Street retaliates against us, you will help us fight against them."

UBS President Punxter quickly added, "Yes, that's right. We need Mr. Yang to sign this agreement before we dare to short BlackRock, a star company in the Eagle Group, on such a large scale. Otherwise, we'll have to give up and just stick to shorting BlackRock and Mr. Yang. In that case, the €500 billion debt relief we promised to Mr. Yang will have to be cancelled."

"Haha..." Yang Chen burst into laughter.

These foreigners are trying to outsmart Yang Chen, using the 500 billion euros as leverage.

The initiative is in Yang Chen's hands. Do they think they can outmaneuver him?
Yang Chen's attitude towards foreigners has always been to cooperate when possible and to strike when necessary. In short, he treats these powers that once invaded China with the utmost ruthlessness, for they owe him a blood debt.

"Sure, it's just signing an agreement, no big deal. If you guys want to go big, I can't let you down," Yang Chen said.

Deutsche Bank CEO Horns immediately said, "I knew Mr. Yang would agree, after all, the benefits we offer Mr. Yang are too great, and Mr. Yang can also make even greater profits by shorting these companies."

Barrie Bank President Matthews said, "Mr. Yang isn't short of money; what he cares about more now is a sense of accomplishment. If he can successfully short so many of America's star companies in one go, Mr. Yang's sense of accomplishment will be off the charts, and he will definitely leave a significant mark on investment history. That's what Mr. Yang is pursuing now, isn't it?"

Yang Chen pointed at the camera and said with a smile, "You, you, Mr. Matthews really knows how to analyze people's hearts. You're right, if I can successfully short so many star companies at once, my sense of accomplishment will be overwhelming. So let's get ready, we'll make our move when the Eagle's stock market opens."

Deutsche Bank President Horns said with a smile, "We knew Mr. Yang would agree to our cooperation request, so we made preparations long ago. We can take action as soon as the Eagle's stock market opens."

"Haha..." Everyone laughed.

However, Yang Chen dislikes people who are self-righteous and think they know everything. For someone of Yang Chen's level, he cannot stand being manipulated even slightly. He will definitely teach such people how to behave, act, and speak properly.

First, make money from the Eagle family. Then, the Eagle family will definitely come to Yang Chen for negotiations. At that time, they can make money from Europe together.

The Bald Eagles are currently focused entirely on next month's election. Although they suspected that Yang Chen might retaliate against BlackRock, they don't have the energy to concern themselves with it; the election is more important.

By the time they realized something was wrong, Sihai Investment and major European banks and capital firms had already shorted star companies including Nvidia, Apple, and Tesla.

After completing the short selling, Yang Chen issued an announcement.

"I believe that the stock market valuations of American companies are too high, especially those that they have touted as star benchmarks. I conservatively estimate that there is at least a 30% drop, and it would take a 50% drop to deflate the bubble. Therefore, my like-minded friends in Europe and I have shorted companies including BlackRock, Apple, Nvidia, and Tesla."

Over the years, people all over the world have come to know that Yang Chen doesn't need to publish short-selling reports, list data, or present facts to prove the rationality of his short-selling. He only needs to post a Weibo message, and institutions and retail investors all over the world will follow suit.

Yang Chen's Weibo post was translated into dozens of languages ​​and spread to the internet. Soon, institutions and individual investors who had bought the stocks of the companies that were being shorted rushed to sell, driving down the stock prices of these companies by more than 10 points in the blink of an eye.

A company like Nvidia has a market value of trillions of dollars. A drop of 10 points means that hundreds of billions of dollars will vanish, resulting in a huge loss.

The fruit company's president, Cook, immediately called Yang Chen and questioned him directly: "Mr. Yang Chen, what do you mean? We haven't offended you, so why are you suddenly shorting our stock price?"

Yang Chen explained, “I originally only wanted to short BlackRock to teach Pacquiao a lesson. But the European side thought that since I was already targeting BlackRock, I might as well short more companies. I thought that made sense, since I was already putting in so much effort, shorting more companies would make me more money, so I agreed. Unfortunately, you are on their list.”

Kurk immediately retorted angrily, "Fuck! These damn Europeans, did they borrow a thousand lives from God? How dare they short us! Fine, that's settled then, let's hang up."

Kurk immediately reported the situation to his superiors, clearly pointing out that Europe was behind it.

The Bald Eagle authorities immediately contacted European authorities, demanding that banks and institutions immediately cease trading with Bald Eagle companies, or face the consequences.

Thus, the familiar problem arose again: pro-hawks and pro-nationalists in various European countries clashed once more, arguing endlessly about whether or not to immediately stop shorting hawkish companies, with neither side willing to yield.

The inability of the two sides to reach a conclusion means that short-selling activities by various banks and institutions will continue.

The first trading day has passed just like that. Thanks to the efforts of "short sellers" around the world, the stock prices of the star companies that were shorted generally fell by more than 10 points, and the Nasdaq also fell by more than 8 points, which was quite a disaster.

This is a great opportunity for Republicans to attack their rival Democrats, who are being shorted repeatedly precisely because of their incompetence. This situation would never have occurred if Republicans were in power.

Republican candidate Trump said at a speech: "Everyone knows I have great relationships with countries all over the world. I have the ability to stop short selling within 24 hours and restore the stock market to its pre-shortage level. If I exert a little more power, the stock market can continue to rise. Believe me, I can make the bald eagle great again!"

The supporters in the audience immediately cheered and expressed their support. Regardless of whether he could deliver on his promise, everyone's emotional needs were met at that moment.

Yang Chen's reason for shorting the stock this time is that BlackRock refused to comply with his demands and insisted on signing an agreement with the Nepal government to overthrow the government.

Therefore, the CEOs of other companies that were targeted by short sellers all blamed him for the incident.

After receiving dozens of complaints and even harsh words from BlackRock CEO Manny Pacquiao, he couldn't take it anymore and called Yang Chen again.

"Mr. Yang, what do you mean by this? Retaliating against just one company isn't enough, why short so many companies at once? Do you know how much trouble your actions have caused me? They're all blaming me now, the phone calls to hurl insults at me haven't stopped, one after another. I was prepared for you to short our company, why drag other companies into this?" Yang Chen scoffed, retorting, "You're asking me? I told you not to sign the agreement with Nibal, why didn't you listen? Now what are you babbling about? If you keep arguing, I'll short even more companies and issue a public announcement clearly stating that it's because of you that I'm shorting those companies, and you'll be even worse off!"

Pacquiao was so frightened by Yang Chen that he dared not speak. If others had said these words, he would have just taken them as a joke, but since Yang Chen had said them, he knew they would become reality. Therefore, he dared not argue with Yang Chen anymore, because he really could not bear the consequences if he angered Yang Chen.

After calming down for a while, Pacquiao asked, "Mr. Yang, I'm begging you, please stop shorting, okay? If you keep going like this, I really can't stay in the Bald Eagle company anymore."

"What does this have to do with me? Besides, if you can't make it in the US, go try another country. With your abilities, reputation, and resume, you could easily find a job in any other country. Don't try to play the victim with me, I'm not buying it," Yang Chen replied, and immediately hung up the phone.

Pacquiao was furious, but all he could do was get angry; there was nothing else he could do.

At 10 o'clock, Bai Zhi, president of Sihai Medical, came to Yang Chen's office to report on her work.

"Chairman Yang, our CT scanners, MRI machines, and other medical devices have all completed testing, and Sihai Hospital has already started using them. All the data shows that our products are at least 10 years ahead of the most advanced similar products abroad. We are now ready to launch them on the market. Please instruct us on what to do, Chairman Yang."

Yang Chen nodded in satisfaction and said, "Very good! I don't have any special instructions. Just operate it again according to the routine of high-end machine tools."

Bai Zhi nodded and said, "Okay, I know what to do."

Sihai Medical Equipment Company immediately ramped up production to quickly produce enough CT scanners, ultrasound machines, 4D color Doppler ultrasound machines, MRI machines, and other essential medical equipment for hospitals nationwide. If foreign companies blocked the sale of equipment to hospitals in China, Sihai Medical Equipment Company was to ensure that at least one set of equipment could be delivered to each hospital in the country within 24 hours.

Sihai Hospital, a subsidiary of Sihai Medical Group, took the lead, contacting international medical device giants such as GE Healthcare, Siemens, Philips, Mindray, Dongou Medical, Qiangsheng, and Medtronic, requesting them to reduce prices by 60% to sell medical devices to Sihai Hospital.

It's obvious how these companies will respond to such an outrageous request. They all think Sihai Hospital has gone mad. Just because it's Yang Chen's hospital doesn't mean they can treat them like dirt.

Therefore, these companies rejected Sihai Hospital's request without hesitation.

Next, Sihai Hospital will proceed with the second step.

Sihai Hospital issued an initiative announcement.

"For a long time, the prices of medical devices sold by foreign medical device companies to hospitals in China have been unreasonably high. Foreign hospitals can buy the same products for at least 50% less than our hospitals in China. Adding in subsequent maintenance and other costs, devices that originally cost only tens of thousands of yuan to manufacture may cost hospitals in China millions, or even tens of millions, to use for their patients. This is an extremely unreasonable phenomenon. We urge all hospitals in China to say no to this discriminatory practice. We should collectively demand that foreign medical device companies uniformly reduce their prices by 60% when supplying us; otherwise, we will refuse to purchase from them and demand that they buy back the products they have sold to us."

The hospital responded almost immediately after the announcement was released.

Over the years, those hospitals have long been tamed and obedient. They pay whatever foreigners ask for, since the cost is ultimately passed on to the patients, and the hospitals don't have to pay anything, so they don't care.

However, the relevant departments soon sent private notices to hospitals at all levels, asking them to cooperate with Sihai Hospital's actions.

This undoubtedly puzzled and even angered the leadership of other hospitals.

If foreign medical device companies really do buy back the medical devices, patients simply won't be able to use the products from domestic companies. The data will be too inaccurate, and there are no domestic alternatives for many of the products. This will have serious consequences. Some patients will definitely delay treatment or even lose their lives because they can't use the devices.

Therefore, many hospitals, especially private hospitals, immediately petitioned the relevant departments, arguing that patients' lives and safety should not be gambled with in order to cooperate with Sihai Hospital's actions.

The relevant departments cannot explain too much to everyone at the moment, but in short, they have issued a strict order to all hospitals to unconditionally cooperate with Sihai Hospital's actions.

Left with no other option, the hospitals issued announcements to support Sihai Hospital.

The sudden banding together of China's medical industry, demanding substantial price reductions from foreign medical device companies, quickly ignited public opinion both domestically and internationally.

Chinese netizens.

"What's going on? Why are you being so reckless all of a sudden? The medical industry is not like other industries; if you mess it up, people could die."

"Why do I smell a familiar scent? This feeling is really familiar, it's like I've been there before."

"Although it may seem impulsive, what I want to say is that Sihai Hospital belongs to Boss Yang. He wouldn't do this without a reason. There must be a reason."

"It's understandable to indulge Mr. Yang, but you can't indulge him without limits. This was really too impulsive. They've locked up all the equipment, what about all those patients? Are they going to stop treating them?"

Foreign netizens.

"Wang Defa? Yang Chen has been a bit too arrogant lately, hasn't he? The short-selling of the Eagle stock market isn't over yet, and now he's asking foreign medical device companies to cut prices by 60%. What's the difference between this and robbery?"

"Oh no, Yang Chen is going to target the medical device industry. If our medical device companies refuse to lower their prices, is he going to short them all? This bully is really hard to deal with. He makes up reasons to short other countries' companies without any reason, and the key is that no one can do anything about it."

"Where does he get the audacity to demand such a large price reduction from our medical device companies? Medical devices are not like other industries. If our medical device companies really lock up their equipment, I wonder what will happen to their patients. He doesn't understand the situation. He's definitely going to crash and burn this time."

"Based on my understanding of Yang Chen, he would never do something like this without a reason. Could it be that, like the machine tool incident, he has created another state-of-the-art medical device?"

"Impossible! Absolutely impossible! Medical devices are so difficult to manufacture; their country has been trying to catch up for so many years and still can't. How could they possibly develop a product more advanced than ours in just a few years? I think they're just making excuses to deliberately short these medical device companies." (End of Chapter)

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