Mobile phones are connected to the future, so why not go bankrupt?

Chapter 321 Just 30 billion US dollars, don’t be afraid!

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 10 billion US dollars.

Even if all were lost, it would still be more than 60 billion Daxia coins.

Compared with the money Lu Fan helped them earn before.

These more than 60 billion Daxia coins are not worth mentioning at all.

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

Each person invested $10 billion.

At a leverage of 50 times, this US$10 billion is equivalent to US$500 billion in purchasing power.

However, because it is a short sale!

Therefore, this 10 billion US dollars is equivalent to the margin.

Soon, under Lu Fan's operation, 500 billion US dollars of funds immediately appeared in his foreign securities account.

The US$500 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 price difference in the middle is Lu Fan's profit this time.

Lu Fan was very familiar with such operations.

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

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.

"It's 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 is pounding the table angrily.

Originally, he was troubled by this new mobile phone.

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$3000 billion.

Even if it falls by 30%, [-] 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 $30 billion in real money!

If this is only 30 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, 30 billion U.S. dollars immediately becomes 1500 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 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.

"In two hours, the shareholders' meeting will be held immediately."

"Wherever those shareholders are, they have to be there."

The chairman of Samsung just thought for a moment and made his decision.

There is such a large amount of funds short selling their stocks.

He had to be careful.

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

Otherwise, Samsung will be in big trouble.

"Yes, Chairman."

"I'll contact other shareholders right away."

The Samsung secretary immediately nodded respectfully.

Then he exited the office and started contacting other shareholders.

After the secretary leaves.

The face of Samsung Chairman became sad.

This time, the opponent is obviously coming with force.

And their Samsung happened to encounter a bombing incident.

It can be said to be adding insult to injury.

If I had known this, I would have taken back Daxia's mobile phone.

Although it will still lose more than one billion US dollars.

But it's better than someone spending huge sums of money trying to short their Samsung stock.

This is an offensive and defensive battle involving hundreds of billions of dollars.

I don’t know if Samsung can minimize their losses.

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

All shareholders knew that someone was shorting their company's stock.

What Samsung Chairman means is that all shareholders will contribute funds together according to their shareholding ratio.

Stabilize tomorrow's stock price.

Many shareholders are hesitant about Samsung Chairman's proposal.

However, when they learned that the other party's initial capital was only 30 billion U.S. dollars, many people directly rejected the Samsung Chairman's proposal.

There is 50x leverage out there though.

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

Then, these 30 billion US dollars are nothing to worry about.

Moreover, if the company's shares can be increased slightly, it will be under 50 times leverage.

The other party's $30 billion deposit was probably wasted in an instant.

And Smecta people have a common shortcoming.

That’s arrogance!

Even blind confidence.

These shareholders did not take this matter seriously at all.

In their eyes, Samsung is invincible.

With a mere US$30 billion, how could the stock price fall?

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