BXBX NOVEL Chapter 546 - The Second Round of Selling Begins
Chapter 546: The Second Round of Selling Begins
Translator: EndlessFantasy Translation Editor: EndlessFantasy Translation
They promulgated worldwide provisions in their favor, thereby ensuring they could reap global benefits.
The reason why they could do this was because of their powerful military and scientific research capabilities.
From this perspective, Lin Yi’s arrogance was easy to understand.
“Because you’re weak, there’s no room for negotiation. You can only take the initiative to survive.
Even though the situation on their side wasn’t that bad yet, when compared to Lin Yi, it was clear that he held the upper hand.
“I think we’ll stop here today. Let’s send Lin Yi’s message back and see what headquarters thinks.”
Zhao Wen nodded. She packed her things and left first.
Before they came, they were all indignant.
It’s only been a short time since them, but they were all terrified now.
After leaving the meeting room, Lin Yi looked for Wang Tianlong and told him what to do next.
In short, there was only one instruction: to treat them well.
If the collaboration succeeded, he would definitely make a huge profit. If it didn’t, they would pay the bill at their own expense. He wouldn’t lose out either. No matter how he looked at it, this was profitable.
Ring!
Lin Yi received a call from He Yuanyuan as soon as he got into the car.
“Boss, Zhao Mo has started to dump his stocks again. In about half an hour, he has already thrown out 2 billion.”
“2 billion in half an hour?!”
Lin Yi’s expression changed slightly. This was beyond his expectations.
Two billion was too unusual a figure.
This was at least two times faster than Zhao Mo’s previous selling speed!
“Wait for me at the office. I’ll go over and take a look.”
Half an hour later, Lin Yi arrived at Chaoyang Group.
In Qi Xianzhao’s office, He Yuanyuan, Cheng Shuang, and Tian Yan were all gathered there, staring at the stock market with heavy expressions.
“Boss Lin, you’re here.”
Seeing Lin Yi come over, the four of them stood up to welcome him.
“How’s the situation now?”
“During this period of time, another 500 million was dumped.” He Yuanyuan said.
“It’s too fast. It’s unusual.”
“Could it be that other investors were incentivized to join in and short Didi as well?” Cheng Shuang asked.
“There’s not much negative news online. The possibility of stockholders selling en-masse is not high,” Qi Xianzhao said.
“If that’s the case, it’s very likely that other capitalists are joining him.” Lin Yi said.
“They borrowed stocks from the brokerage together and have now started selling in bulk. They wanted to use this method to smash me to death in one go. This would cause panic among the stockholders. If I paused for even a moment, it would be very difficult to recover on the market.”
The others all mulled over Lin Yi’s words.
Based on the current situation, there was only one possibility left.
“Boss, if that’s the case, this isn’t a solo match between you and Zhao Mo. It’s become a 1VN game,” He Yuanyuan said.
“It’s fine,” Lin Yi said, “Let them continue dumping, I’ll see how much they have!”
“But we still have about 25 billion in our accounts. At this rate, we won’t be able to hold on for much longer.” He Yuanyuan said.
“If they run out of stocks during this period of time, we will win. Otherwise, we will be defeated. It will be difficult for us to ever recover.”
Everyone in the office fell silent.
They knew very well what this meant.
If they couldn’t even survive the first round, then Didi would be pushed to the brink of bankruptcy once Muddy Waters entered the market and the second round began.
“It’s fine. We’ll absorb as much as they throw. Just do your best.”
With that, Lin Yi stood up and left. Now was not the time to talk to them about this.
Judging from the speed of the sale, the money in his hands was probably not enough.
To be safe, he had to get more money.
Moreover, he was now certain that other than Zhao Mo, there were definitely other capitalists that had entered the arena.
As for how many of them had joined and how many stocks they had borrowed, his guess was as good as anybody’s.
Therefore, no one could tell what would happen next. They could only fight head-on!
“I’ll play with you to the end today!”
At this thought, Lin Yi called Liang Jinming.
“Brother Lin.”
“Where are you?”
“I’m at the office. What’s wrong? Did something happen in the market?” Liang Jinming asked.
“Contact the bank for me. I want to mortgage Longxin.”
“Mortgage Longxin?” Liang Jinming sounded surprised.
Previously, when they were eating, he had personally said that he would not mortgage Longxin unless it was absolutely necessary.
However, now, he was ready to do just that. This short-selling game might be more serious than he had imagined.
“Brother Lin, don’t be anxious. I’ll head over now. Let’s meet at the entrance of the bank.”
“Okay.”
Of course, when Lin Yi arrived at the bank, he realized that Liang Jinming wasn’t the only one there.
Qin Han and Gao Zongyuan also came.
“Old Lin, what exactly happened? Tell me.” Qin Han asked.
“It’s not a big deal.” Lin Yi said.
“Zhao Mo should have been completely dealt with, but he brought in other capital and starting selling stocks very quickly. I still have more than 20 billion in my hands. I’m afraid it won’t be enough, so I’m making preparations in advance.”
“F*ck”
Qin Han scolded, “Zhao Mo, you son of a b*tch. You are calling for help when you can’t beat him. How unethical.”
“Alright, stop scolding. Let’s get down to business first.” Lin Yi looked at Liang Jinming. “You’d better hurry up and release the money before tomorrow morning.”
“Old Lin, don’t worry. This time, I’ll use SinoHan Capital and the Hanhai Group to guarantee that the money will be released in a few hours,” Qin Han said.
“Don’t forget my family’s Longteng Group. I think this matter will be settled before we get off work,” Gao Zongyuan said.
“I owe you guys another favor.”
“F*ck, why are we doing this?” Qin Han said, “Let’s go all out today and kill those sons of b*tches from Yanjing.”
Since ancient times, the rich second-generation heirs of the capital faction and the sea faction had looked down on each other.
To the rich second-generation heirs of the Qin and Han dynasties, fighting the rich second-generation heirs in Yanjing was a matter of tradition.
You didn’t even need to give them a good reason.
When he arrived at the bank and saw these people, the president wanted to kneel down and welcome them.
Their family’s owned the most domineering companies in Zhonghai. He had to treat them with respect.
Even thought Lin Yi didn’t settle the relevant procedures and wasn’t ready at all, he just needed to fill up the papers later.
Apart from that, the bank also gave him face and lent him 5 billion more than he had expected. With that, Longxin was mortgaged for a huge sum of 50 billion along with the promise that he would release the money before he got off work.
However, in Qin Han’s words, forget 50 billion yuan, even if it was 60 billion yuan, the bank would not lose out.
After leaving the bank, the four of them arrived at Metropolis.
It was not dark yet, there were not many people around, and it was very clean.
“I have a thought. I don’t know if I’m right though.” Liang Jinming held his glass and said.
“Could it be the four young masters of Yanjing who had jumped out to help Zhao Mo at this time?”