The Great Sage Returns from Ten Years of Imprisonment
Chapter 351 The Amazing Butterfly Effect
In the early hours of the morning, seeing Jia Jingwen drifting off into a sweet dream, Ling Yun gently slid off the bed, left the master bedroom, and went to the study.
When he sat down at his desk and turned on his computer to check the international financial market, the German stock market had already closed!
Volkswagen shares, which have been hit by a massive short squeeze, have surged to €680 per share.
This almost insane situation has shocked the entire international financial market and attracted countless eyes of attention!
Countless investors reacted in various ways, from envy and jealousy to fear, elation, or despair.
Looking at this astonishing increase, which far exceeded that of his previous life, Ling Yun was completely stunned!
He remembered very clearly that on the first day of the massive short squeeze on Volkswagen's stock in his previous life, it ultimately closed at 520 euros!
Now it costs 680 euros, a full 160 euros more than in the previous life.
Such a huge increase is astonishing.
In the blink of an eye, Ling Yun quickly realized what was happening, and a knowing, bright smile immediately appeared on his face.
He was very clear that this unexpected result was a butterfly effect he had created.
Fortunately, this result is favorable to CITIC and to itself!
Because of his covert intervention, CIC was able to enter the market early and successfully acquire 2.2% of Volkswagen's shares, making the number of Volkswagen shares available for trading on the stock market even smaller!
As CIC secretly spread the news, it was like adding fuel to the fire, instantly making the wave of buying up public stocks even more frenzied!
As a result, Volkswagen's stock ultimately closed at 680 euros, a much larger increase than in the previous life!
Next, Lingyun opened the Volkswagen stock quote and looked at the trend chart.
Just then, the phone on the table suddenly beeped.
Ling Yun picked up his phone and glanced at it, only to find that it was a text message from Lou Dong.
"Are you asleep? Xiaoling, I have good news for you. If you're asleep, just reply when you see this."
"Just now, the secretary to the chairman of Volkswagen called and said that the Volkswagen board of directors wants to talk to CIC about acquiring that 2.2% stake."
"These Germans are very direct, and I guess they're in a hurry. They're offering 800 euros per share to acquire all of CIC's Volkswagen shares."
"According to your strategy, we'll mainly use delaying tactics. Since it's the middle of the night here, we can't make a decision yet, so we'll stall for time."
Upon seeing this message, Lingyun smiled even more broadly.
After a moment's thought, he quickly replied with a text message.
"I'm still awake, Chairman Lou. I just checked the stock performance and market reaction of Volkswagen. We have all the advantages in the market."
"Volkswagen's stock closed at a record high of €680 today, which was a bit unexpected, and the frenzy in market sentiment far exceeded my expectations."
"In view of this, I believe that a deal must be reached with Volkswagen or Porsche before the German stock market closes tomorrow, and this cannot be delayed until the day after tomorrow."
"Given today's situation, Volkswagen's stock will definitely break through 1000 euros tomorrow, making it the world's most valuable listed company."
"As a result, the German government and financial authorities will certainly speed up their actions, and will likely intervene on Wednesday to force Porsche to release some of its Volkswagen shares."
"Therefore, we need to finalize the relevant transactions before the German government intervenes, such as by signing a concerted action agreement to obtain voting rights on the Volkswagen board of directors."
After sending the message, he casually exited the public stock interface and began to check the US stock market quotes during trading hours.
Tonight's US stock market performance was largely as he predicted!
Although it also experienced Black Monday, the decline was significantly smaller than that of the Asia-Pacific financial markets and European stock markets, and the current decline is fluctuating around -3%!
Several investment teams under Ling Yun's command, as well as numerous state-owned financial institutions that participated in international financial market investments, have all completed liquidation.
Then everyone switched from short to long positions, ready to go long and reap another harvest!
at the same time.
Lou Dong, who was working overtime in a meeting at the CIC headquarters, had received a text message from Ling Yun.
Looking at the text message, he couldn't help but sigh to himself.
At the same time, I am very fortunate that this all-powerful and resourceful young man is one of our own, not an enemy!
Otherwise, all domestic financial institutions will be living in constant fear!
After reading the text message from Ling Yun, Chairman Lou immediately got up and went into the adjacent lounge to make a phone call!
A dozen minutes later, he returned to the conference room and issued the order decisively.
"Attention everyone, we must come up with a practical negotiation plan by 6 p.m. tomorrow to begin negotiations with Porsche and Volkswagen."
"Our goal is clear: to leverage our 2.2% stake in Volkswagen and the frenzied short squeeze targeting Volkswagen to successfully gain voting rights on the Volkswagen board."
"To achieve this goal, we can accept the proposal from either Porsche or Volkswagen's board of directors to sign a concerted action agreement with them, choosing the one that best suits our needs!"
"The agreement to act in concert mentioned here is limited to unified action in voting related to Porsche's acquisition of Volkswagen, and does not involve other matters..."
"hiss--!"
Everyone present gasped in shock, stunned by what Chairman Lou had said.
Everyone here is a professional, and they reacted instantly!
This is a ruthless move, and there's no doubt that Porsche and Volkswagen will comply!
Although CIC's secret acquisition of Volkswagen's shares was only 2.2%, a very small percentage, it was extremely dangerous at this moment!
This small stake is enough to determine whether Porsche's acquisition of Volkswagen will succeed.
It can also determine whether Volkswagen continues to remain independent or is successfully swallowed up by Porsche, becoming a laughing stock in the industry!
Thinking about this, everyone secretly gave a thumbs up!
Everyone is deeply impressed by CIC's early acquisition of Volkswagen shares and its decision to use these shares to sign a concerted action agreement and seize a seat on Volkswagen's board of directors!
The only two people in the know present, Chairman Lou and General Manager Chen, exchanged a smile!
In their view, this amazing operation was just routine for Ling Yun and nothing to be surprised about!
Nothing happened overnight, and it was already Tuesday.
Just like yesterday, Lingyun is still working from home, remotely directing several investment teams to continue reaping wealth in the international financial market!
While busy with work, he could also be intimate with Da Meiyuan and the others, living a carefree life!
After getting up in the morning, he went online to check relevant international financial news and the progress of Porsche's acquisition of Volkswagen.
As he predicted, after several consecutive days of sharp declines, global stock markets finally began a technical rebound!
The rebound momentum emerged at the close of US stocks in the early morning, and this technical rebound will only be truly confirmed when the New Zealand and Australian stock markets open!
As for Porsche's acquisition of Volkswagen, no new major news has been released!
The German government did issue a statement saying it would closely monitor the progress of the acquisition and the extreme short squeeze on Volkswagen shares, but then nothing more was said!
Seeing the German government's ambiguous attitude, the short squeeze sentiment in the market immediately intensified!
Once he was sure everything was under control, Ling Yun changed into his swimming trunks and took Jia Jingwen downstairs to the heated swimming pool for their morning exercise!
Da Meiyuan is newly pregnant and is considered a high-risk individual, so naturally she cannot go to the swimming pool for morning exercise.
Before Ling Yun and the others had even finished their morning exercise, someone called to inform him of some very important news!
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