I have a debt of 3 trillion, and my creditors are begging me not to die.
Chapter 381 Giantron surrenders to Yang Chen.
The relevant department head called Yang Chen immediately.
"Chairman Yang, congratulations! Congratulations! This was a perfect performance! Haha..."
"Haha... It's nothing, just what I expected, not worth mentioning."
"The Haicheng Exchange and the Shenzhen-Zhenjiang Exchange should exchange and learn more from the Hong Kong Stock Exchange and the Shanghai Stock Exchange so that we can all make progress together."
“No problem. We’ve spent so much money to buy the exchange, so of course we have to make it work.”
No sooner had that call ended than Li Daoming, the head of the financial department, called.
"Chairman Yang, congratulations! Congratulations! Your wish has come true. This operation is destined to go down in history. Haha..."
"What you're saying is true. Every move I make is historically significant."
"Haha...you're right. Any one of your brilliant moves is enough to go down in history. Let's cooperate more in the future, and work together more in areas such as international investment and combating money laundering."
"No problem. Since we paid a high price for it, we should make sure it performs its full potential."
Immediately afterwards, Mr. Ma from Aligaba also called.
"Chairman Yang, congratulations! That was a brilliant victory. How about we list Ali Gaba on the stock exchange sometime? What do you think?"
"That's fantastic! It will allow the people of Europe to enjoy the conveniences brought by modern internet technology."
"Haha... then it's settled. I'll start preparing for the listing process on the exchange now."
"Okay! I'll wait for you!"
Subsequently, Mr. Liu from Jingdong, Mr. Ma from Penguin, Mr. Wang from MiTuan, and Mr. Chen from Pinduoduo all called Yang Chen to inquire about listing on the stock exchange.
These companies do not meet the listing standards of the A-share market, but the Hong Kong Stock Exchange has fewer restrictions. Now that the Hong Kong Stock Exchange is also owned by its own people, they can go there and make a quick buck from the European people.
If all these companies successfully list on the stock exchange, based on their size, they could raise at least trillions of dollars.
Although this money won't be distributed to ordinary people, it's a good thing that the people of China are making money.
All things considered, Yang Chen's 3000 billion Eagle Dollars was an excellent investment, as it not only secured ownership of the exchange but also helped Chinese companies earn money from Europeans.
The Hong Kong Stock Exchange sent a notice to the Shanghai Stock Exchange, demanding that Glencore immediately transfer the funds available for delivery to the accounts of Four Seas Investment and Qingshan Group, and urging Glencore to arrange for delivery.
The exchange dared not disobey and immediately sent Glencore a forced delivery notice.
At the same time, Glencore's stock price experienced another sharp drop, falling to 21 pence before stabilizing slightly.
Glencore was forced to convene a shareholders' meeting to discuss countermeasures.
"Fuck! Yang Chen is absolutely insane, he really is insane. For a profit of 360 billion, he actually spent 3000 billion to acquire the stock exchange. There's no one crazier on this planet than him. Fuck!"
"I never expected him to pull this tactic. It completely defies investment principles; how are we supposed to defend against it?"
"We're about to suffer a massive loss of 360 billion Eagle Dollars, and the share price has already plummeted to 110 pence. Looking at the trading charts, the share price hasn't stabilized and will continue to fall. I'm afraid the share price will drop to almost nothing. Fuck!"
"You're such a jinx! It's really starting to plummet again, below 100 pence. Oh shit, the speed at which it's falling is almost as fast as if I were jumping off a building. It's at 90, and there's absolutely no resistance. It's at 80. Damn it! There's no resistance at all."
These people previously claimed they didn't care about the stock price falling, because as long as they held the shares, they could earn dividends.
Now the company has lost two years' worth of net profit in one go, there are no more dividends, and the stock price has fallen so fast that it's only the leading stock. They are losing money on both sides, and they can't sit still anymore.
“Lopez, listen, this is your responsibility, you should be held accountable!”
“That’s right! Lopez should be held responsible for this! If you hadn’t been deceived by France and other countries, and then encouraged us to support you in going head-to-head with Yang Chen, the outcome would definitely not have been like this.”
"We invested in Glencore to make money. Why didn't we accept the cash settlement offered by Qingshan Group? Why did we have to pursue their nickel mine for political purposes? And what was the result? Now we haven't secured the nickel mine, we're going to lose net profit for two years, and our stock price has collapsed. Your operation this time was utter garbage, do you understand?"
President Lopez was so badly criticized that he couldn't lift his head. He wanted to retort, but he didn't know where to begin, and he was no longer in the mood to do so.
After a long silence, Lopez said, "I resign."
Normally, resigning to take responsibility is the common practice, but these shareholders are unwilling to let him off easily.
"You've created such a huge mess, and now you're just going to quit like that? You're just going to walk away, who's going to clean up this mess for you? Me?"
"That's right! You created these difficulties, and you have to overcome them before you can leave. You think you can just walk away like that? No way!"
"In short, you have to solve the problem before you leave, otherwise you can forget about going anywhere!"
……
Lopez paused for a few seconds, then stood up and said, "I'm just a professional manager. How could I possibly solve this problem? It's no longer a management issue; it requires capital and political intervention to resolve. I can continue as president until the problem is solved before resigning. The problem is, I'm at a loss. Now I need you to decide what to do."
The shareholders immediately became unhappy again.
"Fuck! Didn't the leaders of those countries in France call and encourage you to do this? Go ask them for help."
"Exactly! If you expect us to solve your problems, what use are you?"
"Everyone, calm down. As Europeans, do you think we don't know what kind of people Europeans are? When they want to use us, they're all full of promises. But now that we're no longer useful, and we even need their help, they'll kick us aside without hesitation. Don't make things difficult for Lopez. Let's come up with a plan ourselves to protect the stock price."
"How can we protect it? To protect the stock price, we'll inevitably have to agree to many unreasonable demands from Yang Chen. Wouldn't that mean we can't get the Qingshan Group's nickel mine, and in the end, we have to give him our own assets?"
"If that's the case, then so be it! We can cash out and leave once the stock price recovers. Why do you care so much? After this incident, do you still want to hold Glencore's stock for the long term? This company has no future. Yang Chen won't let Glencore off the hook in the future. Don't even think about making money."
The scene quieted down; that was indeed the case.
The shareholders immediately came up with a plan, and then held a board meeting to continue the discussion. Finally, they came up with a plan to reconcile with Yang Chen.
First, Lopez resigned to take responsibility and publicly apologized to Yang Chen and Qingshan Group.
Secondly, Glencore was willing to sell its mineral assets around the world to Yang Chen at a low price.
In return, Yang Chen would buy back the 40 tons of nickel at a price of 8000 pence per ton, and at the same time, he would also push Glencore's stock price back up to above 300 pence.
Lopez immediately contacted Yang Chen on behalf of Glencore and requested a video call to communicate with him.
Yang Chen accepted Lopez's request. "Mr. Yang, I'm very sorry for the trouble I've caused you. On behalf of myself and Glencore Group, I would like to express my sincerest apologies to you. I hope you will be magnanimous and not hold it against us."
“If Mr. Lopez is just spouting nonsense, then there’s no need for us to continue. We’re all adults, let’s get down to business.”
"Okay, okay. We've come up with a plan, Mr. Yang, would you like to hear it?"
Yang Chen nodded.
Lopez immediately told Yang Chen about the plan they had come up with.
Yang Chen laughed after hearing that.
"It's Glencore that wants to take over the Qingshan Group's nickel mine, so any apology should be issued in Glencore's name. Secondly, we're currently selling nickel for 8000 peso per ton. Why would I buy from you at 8000 peso per ton? I'll offer 5000 peso per ton at most, take it or leave it. Then, regarding the sale of the mines to me, I need you to send me a detailed report, including the geographical location, reserves, and annual production of each mine, as well as your intended price. Once that's settled, we can discuss helping you recover your share price."
Lopez quickly nodded and said, "Okay! I'll report to the board immediately. Wait for my news."
Lopez immediately told the board of directors and shareholders about Yang Chen's request after hanging up the phone, and everyone sat down to discuss it again.
The shareholders now have only one thought: to push the stock price back up to a high level so they can cash out and leave. They no longer care how much money the company will lose as a result.
Therefore, they quickly reached an agreement, agreeing to Yang Chen's purchase price of 5000 Eagle Dollars per ton, and selling all of Glencore's mineral resources to Yang Chen at the lowest possible price.
Lopez sent the completed mineral data sheet to Yang Chen.
After reading it, Yang Chen called Lopez.
“I’ve looked at the prices, and I’ll lower them by another 20% from these quotes,” Yang Chen said.
Lopez exclaimed in shock, "A 20% reduction? That's practically a freebie! Mr. Yang's appetite is far too big."
Yang Chen said nonchalantly, "I don't care. Whether you agree or disagree, it doesn't affect me. I don't need your little bit of money. I don't have to make this kind of money."
Lopez pressed the button during this call, and the directors and shareholders next to him all heard Yang Chen's words.
They immediately signaled to Lopez to accept Yang Chen's request to lower the prices of all minerals by 20%.
As a result, a gold mine worth 10 billion Eagle Dollars, which Glencore originally offered to sell to Yang Chen for 3 million Eagle Dollars, has now been reduced by 20%, becoming 2.4 million Eagle Dollars.
If these shareholders hadn't been planning to abscond, they would never have sold it at this price.
Lopez said, "Alright, we accept Mr. Yang's price. Will you send someone to sign the contract here, or will we send someone to your place to sign it?"
Yang Chen replied, "I will send people to conduct on-site surveys of the minerals you have marked to assess whether they are truly worth that much money. If they are roughly accurate, I will notify you to come and sign the contract. If there is a significant discrepancy, I will not negotiate with you further."
Lopez quickly replied, "Mr. Yang, please send someone to investigate. We have absolutely not fabricated anything."
Yang Chen immediately replied, "Whether there was any fraud or not, we'll have to investigate before we can draw a conclusion. That's all, I'm hanging up."
After hanging up the phone, Yang Chen sent Glencore's mineral resource list to Li Changxiu, chairman of Xingchen Mining.
"Chairman Li, send someone to investigate these mineral resources and produce an accurate assessment report. It will be quick."
Shortly after, Li Changxiu replied to the message.
"Understood, will arrange it immediately!"
Meanwhile, after receiving support from the Bald Eagle, the Squid Kingdom immediately launched a large-scale operation against the Bale Kingdom.
The Persian cat then warned the Squid Kingdom not to act recklessly, but the Squid Kingdom immediately launched a bombing raid on the Persian cat without saying a word.
And sure enough, things have turned into complete chaos over there.
At this time, all eight fully-equipped unmanned combat brigades that Yang Chen had arranged to be stationed in the Sand Kingdom had arrived.
The security team of Xingchen Military Industry Group has also taken over the security work for the royal family of the Sand Kingdom.
With no further concerns, the Crown Prince proposed to his father and key cabinet members that they exchange currency with Yang Chen.
The old king said, "Isn't this too dangerous? Eagle currency is pegged to oil. If we do this, it's like undermining the foundation of Eagle currency. They certainly won't let us off the hook; they might even attack us."
The Crown Prince immediately smiled and said, “Dad, have you forgotten what we just got? Eight fully-equipped unmanned combat brigades are invincible on Earth. What are we afraid of? We have oil, why not gain more benefits ourselves instead of letting the bald eagle maintain their vested interests? Yang Chen and I have made all the preparations, otherwise I wouldn’t have made this suggestion to you. China is a major energy importer, while we urgently need food and industrial products, which China has. Our two countries can trade with each other using our own currencies, avoiding third parties profiting from the difference. These are secondary. The most important thing is that cooperating with China is mutually beneficial, but cooperating with the bald eagle means they will always be one step ahead of us, and I really dislike that feeling. Dad, just consider this paving the way for me, let’s give it a try first.”
After careful consideration, the old king nodded and said, "Alright! I'll do this for you. If things go wrong, I'll take responsibility for the consequences; it won't affect your ascension to the throne. If this is done well, you'll have more room for maneuver in the future."
The crown prince nodded happily and said gratefully, "Dad, thank you."
The old king immediately signed an executive order, stipulating that from that day forward, trade between the Sand Kingdom and Yang Chen would be settled in Dragon Coins and Rial.
This executive order quickly sparked global outrage.
One is a major oil-exporting country, and the other is the strongest entrepreneur in a major industrial country. Their use of their own currencies for transactions has a huge impact, essentially opening a door to break free from the US dollar. Once other countries follow suit, the hegemony of the US dollar will come to an end.
The Bald Eagles immediately called the old king to express their protest.
“What are you trying to do? You must know the consequences of doing this, not only for us, but also for you and the Sand Kingdom.”
"Hehehe... We didn't have a choice. Didn't you have a choice when you faced him? If you could handle him, would he have developed so well? You can't expect us to handle someone you can't handle, can you?"
"..."
"How about this: you force Yang Chen to cancel the agreement, and we'll do as you say. Otherwise, we'll have to execute the agreement. Like I said, if you can't handle someone, you can't expect us to. That's unfair and unrealistic. Anything else? If not, let's stop here. Bye."
The old king immediately hung up the phone, a smile involuntarily creeping onto his face. He felt that as long as he pushed the problem to Yang Chen, the Eagle family would be helpless.
Eagle Kingdom would definitely be helpless against Yang Chen, and they wouldn't dare to easily attack Sand Kingdom, so they ordered Squid Kingdom to increase its offensive against Golan Highlands, trying to force Sand Kingdom to back down.
however.
This is exactly the situation Yang Chen needs.
The opportunity to mediate a reconciliation between the Sand Kingdom and the Persian Cats has arrived. (End of Chapter)
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