BXBX NOVEL Chapter 535 - 1v4?
Chapter 535: 1v4?
Translator: EndlessFantasy Translation Editor: EndlessFantasy Translation
The other three people were about the same age as him. They were dressed glamorously and were wearing trendy clothing.
In the eyes of ordinary people, their clothes might not seem to be too irregular or expensive.
However, any one of their accessories might be worth hundreds of thousands.
These four people were the four young masters of Yanjing who were constantly admired by the public.
This particular group sat at the peak of all these rich second-generation heirs.
Although Lin Yi, Qin Han, and the others were known as the four young masters of Zhonghai, they were still a little lacking in terms of strength.
After all, when compared to Zhao Mo and the other three, they were far inferior.
This was something Lin Yi and the others couldn’t possibly match. It was also the most important factor in this confrontation.
“Brother Zhao, it seems like you’re really going after Lingyun Group. You won’t stop until you kill them.”
The man who spoke was called Sun Ce. He was ranked third among the four young masters of Yanjing. His family background and strength were only slightly inferior to the Zhao family.
As he spoke, Sun Ce held his cigarette and placed his feet on the coffee table as if he was at home.
“That’s right. It’s only been half a day and you’ve already spent 10 billion. The government can’t even print money as fast as you can spend it.”
The man who spoke was called Lu Xuan. He was wearing a pair of denim shorts and a pair of limited edition Carolina Blue Jordan 1’s. He was also wearing a feather pendant created by the Sunrise Land design master, Takahashi Goro. This pendant cost millions on the market.
“Old Zhao, tell us the truth about how much stock you borrowed from the broker.”
The person who spoke was called Gu Changchuan, the leader of the four young masters of Zhonghai.
In terms of wealth, the Gu family might not be as rich as the Zhao family, but in terms of power and influence, the Zhao family was inferior to them.
This was also the reason why he was ranked first among the four young masters of Yanjing.
Compared to Zhao Mo and the other two, Gu Changchuan’s figure was burly.
He was more than 1.9 meters tall and had bronze skin. Standing by the window, he looked like a towering mountain and was also the most dangerous character there.
“About 168 million shares. Based on the current stock price, if we sell them all, we will be able to withdraw more than 40 billion. However, how much we can earn in the end will depend on Muddy Waters,” Zhao Mo said.
“Based on Muddy Waters’ performance in the past few years, if we keep up our attack, Didi’s share price will fall by at least 50%. You’ll earn at least 20 billion yuan from this adventure.”
“Just 20 billion is not enough to satisfy my appetite,” Zhao Mo said with a smile.
“He took 30 billion from Cisco and burned 3 billion in goods right in front of me. I can’t let him off so easily. Just dropping 50% of the share price will be going too easy on him.”
“What are you targeting?” Lu Xuan asked.
“At least 70%.”
“No way.” Sun Ce was surprised.
“If you make Didi’s share price drop by 70%, then the profit you will earn from this will be about 28 billion. On the other hand, he won’t just lose this money. With a market value of 30 billion USD, he will lose about 27 billion USD. This will be enough for him to want to jump off the roof.”
“That’s the effect I’m going for. Since he destroyed my Cisco, I’ll kill his Didi. Compared to the scale of Didi, Cisco is nothing.”
“You’ve been lying low for so long. You must have been busy with this, right?” Gu Changchuan asked.
“In truth, there wasn’t much to do on my side. The main thing was to give Muddy Waters some time. They needed to investigate and collect evidence. Lingyun Group and Didi both have flaws. Now that more than twenty days have passed, they’re almost ready. That’s why I started the attack.”
“In that case, you’re quite impressive. You actually borrowed 168 million shares from brokerages. Other than the Soros of old, you’re the most ruthless shark I know,” Gu Changchuan said.
“Of course, if I don’t kill him, my surname won’t be Zhao!”
Clang! Clang! Clang!
Just as they were chatting, there was a knock on the office door. Zhao Mo’s female secretary walked in.
“Director Zhao, Lingyun Group has already started to buy back the stocks we sold.”
“How much did they take?” Zhao Mo asked.
“About 10 billion. This is basically the same as the amount we sold. Now that Didi’s share price has stabilized, the fluctuation isn’t too big.”
“They bought it so quickly?” Zhao Mo said in surprise.
“Yes, they have more funds than we thought.”
“Old Zhao, let’s not sit here idly anymore. Let’s go to the securities department to take a look at the situation,” Gu Changchuan said.
“Let’s go,” Zhao Mo said. “I want to see how long he can last.”
The four of them arrived at the securities department along with the female secretary.
The head of the securities department was a middle-aged man in his forties named Fu Zhengyi.
Seeing Zhao Mo and the others coming over, Fu Zhengyi walked over with a smile.
“Director Zhao, they’ve already accepted the 10 billion shares we sold. What should we do next?”
“Throw in another 10 billion and continue playing with him,” Zhao Mo said.
“Got it, Director Zhao.”
Seeing the graph on the large plate start stabilizing, Sun Ce said,
“Cisco has compensated them 30 billion, but the money hasn’t reached their account yet. Lingyun Group also bought Didi not long ago. I reckon that he doesn’t have much cash reserves left. 15 billion will be his limit. If you throw in another 10 billion, he definitely won’t be able to bear it.”
“We are thinking that same thing. I estimate that this 10 billion was all he could pool together. If I continue to throw in money, he definitely won’t be able to reverse the situation.”
Zhao Mo looked at Gu Changchuan and the other two. “Boss Gu, do the three of you want to join in and play? I guarantee that you’ll earn more than 70% of the initial investment.”
“It’s a waste not to take the money you are giving out for free. I’ll just treat it as a helping hand,” Gu Changchuan said.
“You borrowed 168 million shares, so I’ll borrow another 84 million shares. I’m not greedy. I’ll earn a little over ten billion to play around with.”
“Then I’ll borrow 84 million shares like Boss Gu,” Sun Ce said.
“Since we’re short of shares, I can’t watch you guys earn money from the sidelines,” Lu Xuan said. “I’ll borrow 84 million shares too.”
“According to the current market price, 420 million shares is worth about 100 billion. If we dump them all, it will definitely cause panic among the shareholders. Coupled with Muddy Waters’ involvement, a 70% drop is already a conservative estimate.
“Isn’t that good? The more it falls, the more we earn, and the more he loses,” Sun Ce said.
“At that time, we’ll take the opportunity to create another ride-hailing platform and completely replace it. We’ll be rich.”
“This is the effect I was going for.” Zhao Mo held the cigarette in his mouth and said, “I want the people in this circle to know that this is the outcome of going against me, Zhao Mo!”
Then, the three of them called their subordinates and prepared to borrow shares from the brokerage firms.
It was not that they did not want to borrow more, but there were many rules concerning this industry, so they were restricted.
“I think that person called Lin Yi still doesn’t know who he offended.” Sun Ce said.
“When Didi goes bankrupt, he’ll have no more tears to shed.”
“That will be quite the scene.” Zhao Mo said.
“I’ll give him a call now so that I can interview him. I wonder how he is feeling now. Haha…”
“That’s a good idea.”
Zhao Mo had already gotten Lin Yi’s number from Cao Xiangyu, and he called him now.
“Lin Yi, this is Zhao Mo. Long time no see.”
“Idiot, you’ve dumped about 12 billion now. I’m still eating it all. Continue dumping. Let’s see how much more you can afford to waste.”