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

Chapter 345 President Ren of Longwei Group Wants to Thank Yang Chen in Person

Seeing that Cook was silenced by Yang Chen's reprimand, the other presidents also wisely kept quiet.

Yang Chen is the most terrifying opponent they have ever encountered; they can't afford to offend him, so they can only try their best not to provoke him.

“You bald eagles have never kept any word. I won’t stop shorting you until I see you actually fulfill your promises. If you want to end this nightmare sooner, then go back immediately and keep an eye on your government departments to make sure they honor their commitments. If you fulfill your promises, then I will fulfill mine,” Yang Chen said.

Anyway, whatever Yang Chen says goes now, and these CEOs don't dare to refuse.

Carmen immediately led her team away and applied for a chartered flight back home.

BlackRock is really bleeding money this time. It had already invested more than 100 billion peggs to stabilize the stock market, and now it has to give another 100 billion peggs to Yang Chen personally, and it also has to join forces with other investment banks to raise another 200 billion peggs to provide as margin for Sihai Investment.

Pacquiao demonstrated a principle through his actions: one wrong move and the whole game is lost.

BlackRock quickly mortgaged its securities and assets, obtaining 1000 billion Eagle Dollars from other banks and depositing them into Yang Chen's personal account.

Then they used the money from the mortgaged assets to raise 2000 billion Eagle Dollars with other investment banks and deposited it into the Four Seas Investment account.

The promise of money has been fulfilled, but the market issue remains unresolved.

At a routine meeting of the U.S. Department of Commerce, Secretary Ravenkoffs made a statement in front of journalists from around the world.

"As we all know, the United States is a free and open market, and we encourage global capital and businesses to compete fairly in the US. Because the previous Republican administration violated the spirit of American law by imposing various unreasonable and illegal restrictions on companies like Longwei from China, the US has faced considerable criticism. After careful consideration, we have decided to lift the ban on Longwei from China. From now on, all of Longwei's business operations can be conducted in the US market. We also urge our allies to follow suit and lift the ban on Longwei. Let us work together to create a fair and just trade environment and contribute to global economic development and the progress of human society."

Ravencowski's words really startled the reporters present. Even Long Wei had been unbanned?
An AFP reporter immediately asked, "Minister, why did you suddenly lift the ban on Long Wei? Was this one of the conditions you negotiated with Yang Chen?"

Ravencowski immediately denied this, saying, "No, no, no, this has nothing to do with negotiations; it's purely us correcting ourselves. Now that we've discovered the previous administration made mistakes, of course we need to correct them promptly. Please don't speculate wildly; everything I say is the only reliable information."

The reporters all laughed, not even blushing as they said it. Anyone with a brain would know that this must be one of the conditions for Yang Chen to stop shorting Eagle Stock.

A Reuters reporter asked, "Minister, have you negotiated with Yang Chen? What was the outcome?"

Ravencoffs immediately denied this, saying, "We did not negotiate with Mr. Yang Chen, and we felt there was no need for it. Stock market fluctuations are normal, and we don't see the need for negotiation. Everything we did was our own decision and has nothing to do with anyone else. Please don't speculate. Thank you."

The Eagles still couldn't bring themselves to back down. They needed to maintain a basic level of dignity in their public statements and couldn't let the world know that they were forced to make this decision only after being taught a lesson by Yang Chen and forced to "cede territory and pay reparations."

No matter how they promote it, people all over the world know what's really going on.

The news quickly reached China, and "China lifts the ban" quickly became a trending topic.

"Haha... The Bald Eagle family said they lifted the dragon ban because they corrected themselves, but I just don't believe it."

"They're just being stubborn. In reality, these are all conditions for Mr. Yang to stop being a blank-headed eagle. It's said that Mr. Yang's conditions this time are extremely harsh. In addition to lifting the ban on Longwei, there are also compensation payments of several hundred billion eagle coins, and the market must be opened to all of Mr. Yang's businesses. No one has ever been able to do this before, but Mr. Yang has done it."

"We'll soon find out whether Mr. Yang has met the conditions to stop short selling. Once he stops short selling, then it definitely will."

"Holy crap, Boss Yang really treats Dragon Country's enterprises as his own. He genuinely cares about other businesses. Not long ago, he brought so many big-name companies to the Sand Country trade zone, and now he's helping Dragon Country lift its restrictions. That's a true entrepreneur."

……

Upon receiving the news, Mr. Ren immediately called Yang Chen.

"Haha... Chairman Yang, thank you so much! The problem that has troubled us for so many years has finally been solved by you. On behalf of all the employees of Longwei Group, I would like to express our sincerest gratitude to Chairman Yang. I am going to Jiangcheng to watch the football match tomorrow, and I will definitely go to thank Chairman Yang in person." General Manager Ren said very happily.

Yang Chen said with a smile, "We are all Chinese companies, and we bear the important responsibility of representing Chinese companies on the international stage. I will help you in any way I can. I hope you will not let me down and will definitely live up to my expectations."

Before the rise of the Four Seas System and the Star System, Longwei was the leading technology company in the Dragon Kingdom, which is why it was targeted by the White Eagle and its allies.

Now the Four Seas faction and the Starry Sky faction have replaced Long Wei's role. The White Eagle and its allies have tried to take him down several times, but all of them have ended in a crushing defeat.

It has been proven that technology alone is not enough; one must also have the means to protect one's own industry.

Without those unmanned vehicles, Yang Chen's businesses would have been completely plundered by those foreigners long ago.

Where there are people, there will be conflict. In the end, this world is decided by force; whoever has the strongest fist gets to decide.

Mr. Ren said with a smile, "Please rest assured, Chairman Yang, we will definitely not let you down. Let's meet and talk later. I've handed over the security work for Longwei's overseas business to Xingchen Military Industry Group, so we won't have to worry about being targeted by foreigners anymore."

Yang Chen laughed heartily and said, "Thank you for your trust, President Ren. Let's talk in person."

Mr. Ren immediately replied, "Okay, okay, let's talk when we meet. Haha..."

The bald eagle has done what it was supposed to do, and Yang Chen must now fulfill his promise.

Yang Chen sent a message to Zhao Jing, the president of Sihai Investment.

"Xiao Jing, notify Europe to close their short positions as soon as the market opens. At the same time, we'll close our short positions here and go long to profit from the dip."

Zhao Jing replied to the message quickly.

"Received! Will process immediately!"

Because there are so many institutions and retail investors shorting this time, if we simply close out the positions, we simply cannot buy enough stocks to cover the short positions.

Therefore, Yang Chen came up with a plan to suppress the Bald Eagle stock market one last time, scare out more retail investors and institutions into panic selling, so that Sihai Investment could use less capital to buy stocks back to the brokerage firm to close out short positions.

Yang Chen issued an announcement.

"I think the current valuation of the bald eagle stock market is still a bit high, and a drop of another 30 points would be reasonable."

Yang Chen never needs professional short-selling reports; a simple Weibo post from him is more effective than a professional short-selling report prepared by other investment firms with considerable time investment. This Weibo post was translated into multiple languages ​​and circulated on the international internet, leaving people around the world completely bewildered.

They all thought that lifting the ban on Dragon was one of the conditions for negotiating with Yang Chen, but now Yang Chen still wants to short Dragon stock. Did they all guess wrong?
Is it possible that what the Bald Eagle Commerce Secretary said is true, and that this is a self-correcting action by the Bald Eagle government, and has nothing to do with Yang Chen?

Netizens from various countries also left comments expressing their doubts in the comment sections of related news articles.

Japanese netizens: I don't understand. Is Yang Chen going to continue shorting the Eagle Stock Market? Isn't lifting the ban on Longwei a condition for negotiation?
A South Korean netizen commented: "I don't understand either. The US couldn't have suddenly lifted the ban on Dragon Ball for no reason, right? There has to be a reason, right?"
A netizen named "White-headed Eagle" commented: "Damn it! Yang Chen broke his promise. We fulfilled our commitment, but he didn't stop shorting our stock market. He dares to play us like this? Isn't he afraid we'll sever ties and fight to the death?"
A netizen from the Sand Kingdom commented: "I'm also a bit confused. Did the US and Mr. Yang actually talk? If they did, then Mr. Yang's announcement was likely intended to induce retail and institutional investors to sell, allowing him to buy back at a lower price to close his short positions. If they didn't talk... then I don't understand why the US suddenly lifted the ban on Longwei."

The more confused everyone is, the more successful Yang Chen's plan is.

As expected, the Bald Eagle stock market continued its sharp decline upon opening, with retail and institutional investors panicking and selling off large amounts of stock. Sihai Investment took the opportunity to buy back the stock at a low price and return it to the brokerage firm to close out short positions.

After the stock index futures positions were closed out, Sihai Investment began to buy long positions on a large scale.

The major stock indices of the Bald Eagle began to rise, and stocks such as fruit companies also began to rise. When everyone realized that the situation had reversed, Four Seas Investment had already bought stocks and stock index futures worth 2500 billion Eagle Dollars.

If the Bald Eagle stock market returns to the level before Yang Chen shorted it, and the stock prices of various companies also return to the level before Yang Chen shorted it, it will rise by about 200%. This means that the 2500 billion Eagle coins that Sihai Investment bought at the bottom will have a floating profit of 5000 billion Eagle coins.

No wonder the U.S. is so keen on finance; it's a damn fast way to make money.

After all the operations were completed, Zhao Jing went to Yang Chen's office to report on her work.

"Chairman Yang, all short positions have been closed, resulting in a total profit of 1880.56 billion Eagle Dollars. We have also bought 2500 billion Eagle Dollars worth of stocks and futures long positions. Please advise on the selling price."

Yang Chen nodded and said, "Well done. When the major U.S. stock indices return to the levels before we shorted them, immediately sell these stocks and long positions in valuation futures to cash out and leave the market. The U.S. election is next month, and the situation is unclear, so we should not invest in the U.S. for the time being."

Zhao Jing quickly replied, "Okay, I'll explain everything to everyone when I get back."

Yang Chen posted another Weibo post, which contained only a few short words.

"I've made up with Eagle."

Although it was only a few short words, it clearly explained why the Bald Eagle family suddenly lifted the ban on Long Wei.

Chinese netizens left comments in the comment section.

"Haha... I knew Eagle wouldn't have lifted the ban on Dragon for no reason. So that's why."

"It all fits together perfectly. Eagle lifted the ban on Longwei, the stock market of Bald Eagle rose, and Boss Yang announced a reconciliation with Eagle. It's all linked together."

"So the previous Weibo post was meant to lure retail and institutional investors into selling, making it easier for Sihai Investment to buy in at a low price and close out their short positions. Wow, Mr. Yang is so cunning, but I like it. Haha..."

"The happiest person right now should be President Qiangsheng. He was the first to kneel down and admit defeat, and he was severely criticized by netizens from the United States. Now it has finally proven how wise he was."

Some netizens' comments are indeed very accurate; at this moment, the powerful president, Vareniani, is dancing with joy.

In his excitement, he posted another tweet.

"When I voluntarily conceded defeat before, you all called me spineless. What do you say now? The companies you considered to have backbone fought back desperately only to find they lost even more money and had to cede even more profits to Yang Chen in order to get him to stop short selling. Are you still criticizing me now? Those who called me spineless, please apologize to me, thank you."

This post only fueled the already humiliating comments from netizens in the bald eagle community, who were now even more furious.

"Fuck you! Bitch! Just shut up already. If you don't post anything, people won't think you can't type, thank you."

"Your smug look is disgusting. Your own country is being bullied, and you can still be happy about it. I doubt you're from the United States. From now on, I will not buy any of Qiangsheng's products, and I mean it!"

"Although your choice is indeed better, you shouldn't show off at this time. How can you be so embarrassed as to flaunt something like this?"

……

Despite being criticized even more harshly by netizens, Vareniani didn't care at all. What he cared about was that Yang Chen proved with his formidable strength how wise it was for him to be the first to kneel down.

Meanwhile, the presidents of major European banks contacted Yang Chen for a video conference to report on the battle situation.

As per the original agreement, Yang Chen helped 25 star companies in Europe to sell off their shares in the US, and the 500 billion euros that Yang Chen borrowed from these banks were waived. Now, Yang Chen still owes these banks 1000 billion US dollars in debt.

Deutsche Bank CEO Horns happily said, "We were able to make so much money this time thanks to Mr. Yang. The €500 billion debt forgiven for Mr. Yang was truly a bargain."

"Haha..." The CEOs burst into laughter in unison.

Yang Chen also said with a smile, "It's clear that everyone has made a lot of money; you can't hide the joy on your faces. However, don't be too high-profile. If you anger the White Eagle family, they will definitely retaliate against you."

Deutsche Bank CEO Horns immediately said, "Yes, yes, Mr. Yang is right. We should try to keep a low profile."

Barry Bank President Matthews said, "What's there to be afraid of? If the Bald Eagles really dare to cause us trouble, it will just give us another excuse to retaliate. Mr. Yang can join us in shorting the Bald Eagles' stock again, and we can harvest them once more. It's always been the Bald Eagles harvesting us before, and they've done it all. We absolutely cannot be satisfied with this success. As long as there's an opportunity, we will harvest them again."

"Haha..." The CEOs laughed again.

Yang Chen said with a smile, "If we take them down again, they might send troops to attack you. Everyone should be careful with their words and actions recently, and don't give the Bald Eagles an excuse to retaliate against you. If your arrogance leads to the Bald Eagles' retaliation, I won't care about you."

The CEOs immediately assured Yang Chen that they would keep a low profile and would not give the White Eagle any excuse or opportunity to retaliate against them.

Just then, Chen Xi came in.

"Chairman Yang, President Ren is here. Where would you like to meet him?" (End of Chapter)

Tap the screen to use advanced tools Tip: You can use left and right keyboard keys to browse between chapters.

You'll Also Like