Volume 1 Chapter 321 A Mere 3 Billion US Dollars, No Worries!

When Samsung urgently recalled mobile phones.

Lu Fan, Dong Haotian and Jiang Hetang are ready.

At this time, they were in Dong Haotian's securities company.

"It's almost time to start."

Lu Fan looked at the time and said to Jiang Hetang and Dong Haotian.

It is already 1:30 in the afternoon in China.

The time at Smecta is 2.30 pm!

There is an hour time difference between the two places.

At this time, Smecta's stock market was almost closing.

In the stock market at Smecta, the daily stock market trading hours are from 9 am to 3 pm.

In other words, the time left for Lu Fan and the others was only half an hour.

"Okay, then let's start splitting up."

Dong Haotian chuckled.

"Haha, I can't wait to make him tens of billions."

Jiang Hetang also said excitedly.

They all know that if this order is successful.

Then the income is tens of billions of Daxia coins.

Of course, it doesn't matter if you fail.

It's only about 1 billion US dollars.

Even if all were lost, it would still be more than 6 billion Daxia coins.

Compared with the money Lu Fan helped them earn before.

These more than 6 billion Daxia coins are not worth mentioning at all.

At the moment, Lu Fan, Jiang Hetang and Dong Haotian are divided into three groups. Start your own journey of shorting Samsung!

Each person invested $1 billion.

Under a leverage of 50 times, this 1 billion US dollars is equivalent to a purchasing power of 50 billion US dollars.

However, because it is a short sale!

Therefore, this 1 billion US dollars is equivalent to the margin.

Soon, under Lu Fan's operation, 50 billion US dollars of funds immediately appeared in his foreign securities account.

The US$50 billion in funds were all funds he obtained after selling Samsung stocks he borrowed from securities companies.

Next, all you need to do is wait until Samsung's stock price plummets, then buy back the same number of shares and return them to the securities company.

The difference in price is Lu Fan's profit this time.

Lu Fan was very familiar with such operations.

After all, that’s what we did when we shorted Penguin last time.

After the operation was completed, Lu Fan immediately looked at Jiang Hetang and Dong Haotian.

Found that they were almost done.

About ten seconds later, Jiang Hetang and Dong Haotian completed the operation almost simultaneously.

"Done!"

The two people looked at each other, then looked at Lu Fan

Next, we are waiting for Samsung’s stock price to plummet tomorrow.

And such a huge amount of money is shorting Samsung!

There is no doubt that Samsung knew almost instantly that someone was shorting their stock.

"Axiba, what kind of bastard is it that adds insult to injury at this time?"

"Does he really think that Samsung is easy to bully?"

"You want to short Samsung and eat from us, just dream!"

Smecta, Samsung headquarters, the chairman of Samsung was pounding the table angrily.

Originally, he was troubled by this new mobile phone.

Not to mention the company lost billions of dollars in vain.

Because of this incident, their company's credibility may suffer a huge blow.

In addition, what he is most worried about is the company's stock price.

Once their company's stock price drops.

No matter how much it falls, it will be a huge loss for Samsung.

After all, Samsung’s current market value is over US$300 billion.

Even if it falls by 1%, 3 billion US dollars will evaporate in an instant.

Thinking of this, the chairman of Samsung is going to have a big head.

But misfortunes never come singly!

At this time, he received news that someone wanted to short their company's stock price.

Moreover, the funds are very strong!

Judging from the information collected from various aspects.

Those who shorted their stocks had 3 billion U.S. dollars in real money!

If this is only 3 billion US dollars, then the chairman of Samsung will definitely not take it seriously.

However, the other party also opened 50 times leverage.

This is great, 3 billion U.S. dollars immediately becomes 150 billion U.S. dollars in purchasing power.

This shit is half of Samsung's market value.

If Samsung's stock price falls tomorrow.

Then Samsung will be in big trouble.

"Chairman, we checked the information."

"There are three waves of people shorting our stocks."

"Moreover, these three waves of people are all from Daxia."

The secretary of Samsung Chairman reported the results of the investigation.

"From Daxia?"

"Asiba, someone is taking revenge on us."

When the chairman of Samsung heard this, he immediately made a guess.

Before, it was his order not to recall Daxia's mobile phones.

Anyway, in his opinion, the people in Daxia didn't need to apologize at all.

Such people are stupid and have too much money.

Even if you know you are being cheated.

As long as good mobile phones are produced in the future, they will still buy them.

Therefore, he didn't care about Daxia's attitude at all.

"Chairman, what should we do next?"

Samsung's secretary asked from the side.

For such a big matter, a decision must be made early.

Otherwise, if you leave it alone, it will definitely cause irreparable losses.

"Convene a shareholders' meeting immediately in two hours."

"No matter where those shareholders are, they must be present."

The chairman of Samsung made a decision after just a moment's thought.

There is such a large amount of funds shorting their stocks.

He had to be cautious.

No matter what, they had to stabilize the stock price tomorrow.

Otherwise, Samsung would be in big trouble.

"Yes, Chairman."

"I will contact other shareholders right away."

The Samsung secretary nodded respectfully immediately.

Then he left the office and began to contact other shareholders.

After the secretary left.

The chairman of Samsung's face became worried.

This time, the other party was obviously coming with great momentum.

And they, Samsung, happened to encounter the explosion incident.

It can be said to be adding insult to injury.

If I had known this, I would have taken back the mobile phones from Daxia at the beginning.

Although it would still lose more than 1 billion US dollars.

But it is better than someone spending huge funds to short their Samsung stocks.

This offensive and defensive battle involves hundreds of billions of US dollars.

I don't know if Samsung can minimize the loss.

Two hours later, Samsung officially held a shareholders' meeting.

All shareholders knew that someone wanted to short their company's stock.

The chairman of Samsung meant that all shareholders should contribute funds according to their shareholding ratio.

Stabilize tomorrow's stock price.

Many shareholders hesitated about the proposal of the chairman of Samsung.

However, when they learned that the other party's initial capital was only 3 billion US dollars, many people directly denied the proposal of the chairman of Samsung.

Although there is a 50-fold leverage.

However, as long as Samsung's stock price does not fall.

Then, the 3 billion US dollars is not a concern.

Moreover, if the company's shares can rise a little bit, then under the 50-fold leverage.

The other party's 3 billion US dollars of margin is afraid that it will be gone in an instant.

And the people of Smecta have a common shortcoming.

That is arrogance!

Even blind self-confidence.

These shareholders did not take this matter seriously at all.

In their eyes, Samsung is invincible.

With only 3 billion US dollars, how could the stock price fall?