Chapter 450: The wall falls down and everyone pushes it
In fact, the bursting of the stock bubble is often instantaneous, and it only takes an opportunity. As long as everyone thinks
"This company is no longer working", and all the bubbles will burst in an instant. Li Han is now bursting the bubble of the Samsung consortium and transferring the bubble to Yousheng Group.
Of course, even Yousheng Group's stock price is skyrocketing now only because other people have seen it
"Potential". If a company's growth and earnings can't keep up with its share price, the bubble will eventually burst.
However, even if it is broken, the money spent by Li Han at that time has still risen a lot, and this wave of investment will definitely not be lost, not to mention that the money earned when shorting Samsung Group is real.
Two days later, Samsung's share price had fallen by more than 20% and continues to fall. The stock price has fallen faster than Li Han expected, as Wall Street people have also participated in shorting.
Although Li Han has borrowed the shares of Samsung of the American securities company to the greatest extent possible and started shorting, these people on Wall Street can pick up his leftovers to eat.
Although Li Han's methods are better than those of Wall Street, they are not as greedy and vicious as Wall Street. His goal is to short $100 billion and then stop, but Wall Street will not give up, they will short until there is no room to fall.
Under normal circumstances, Samsung will take some actions, such as introducing new policies and buying back shares, but ...... At this time, Samsung is indeed difficult to protect itself, if they fail to enter the Chinese market this time, all the money they have invested in it will be in vain, not to mention, there is no way to make better performance, then there is no way to recover the current decline.
So the way to stabilize Samsung's stock price now is to buy back shares. However, when the Chinese market has just been deflated, and in the case of Wall Street and Li Han joining forces to short, where will they have enough funds to stabilize the stock price?
At this time, another heavyweight conversation took place on the South Korean side. A middle-aged man, led by an assistant, came to Seoul and Lee Seung-min's residence in a menacing manner.
"Oh, isn't this Mr. Kim, the chairman of Samsung Group?" Li Shengmin trembled and greeted the majestic middle-aged man in front of him,
"You're recovering well, don't you know you're still using sedatives?" This chubby middle-aged man is Kim Jae-hwan, chairman of Samsung Group, who took over Samsung Group from his father twelve years ago, was fined for illegal use of sedatives two years ago, and was involved in a storm of financial crimes last year, but in the end
"Insufficient evidence" was not prosecuted and regained control of Samsung.
"Hmph." Kim Jae-hwan sneered and didn't go to shake hands with Lee Seung-min,
"Without further ado, I know that you are cooperating with China Qiaokou Company, let's cross-sharehold. Exchange our shares in Samsung for a portion of your company's shares. ”
"Cross-shareholding?" Li Shengmin pretended not to understand,
"Oh, a company as big as Samsung, can you look up to us?" But in fact, Li Shengmin's heart is open: now as long as Samsung announces that it can cross-hold shares with Yousheng Group, it is equivalent to reaching a cooperation with China in disguise, and as soon as the news comes out, Samsung's stock price can be stabilized instantly.
Indeed, this cooperation, if reached, will be beneficial to both parties.
"Old thing...... Don't pretend to be here with me! Kim Jae-hwan frowned and glared at him,
"Do you think I'm looking at your company and the down there?! I just want a key to the Chinese market! ”
"Ah, this matter ......" Li Shengmin pursed his mouth, shook his head and said regretfully: "I'm afraid I can't promise you, and the shareholders of our company won't agree either." Kim Jae-hwan snorted coldly: "Although our Samsung's stock price has fallen, our assets of 38 trillion won are real." Now, we are still the largest chaebol in South Korea, are you sure you want to fight against us? ”
"How so?" Li Shengmin laughed,
"I'm going to talk to our new shareholder about this, if he refuses, then we can't do anything, after all...... He has a veto. And considering that he has already broken with you, I think he will most likely veto. ”
"You old fellow, are you a lake!?" Kim Jae-hwan asked in shock, stepped forward and grabbed Li Shengmin's collar: "Actually gave a veto to a Chinese!?" You're a Korean company! This company was founded by your father, what about your self-esteem? Don't you have no honor to speak of!? Lee Seung-min's smile suddenly became a little crazy, he stared at Kim Jae-hwan with wide eyes, and said dreamily: "I, as long as I can make Yousheng Group the No. 1 chaebol in the Republic of Korea, even if I hand over the company to the devil, I will not hesitate to ......" Kim Jae-hwan looked at the crazy old man in front of him, and was suddenly a little frightened, he pushed Lee Seung-min away, and then walked out with a cold snort, constantly scolding in his mouth
"Maniac",
"Crazy". Only Lee Seung-min was left in place, looking at Kim Jae-hwan's departing back and sneering: "You have stood for too long and forgot how to ask for someone, right?" Mr. Kim, you're not your father, so let me witness you pushing Samsung into hell with your own hands. After speaking, Li Shengmin walked back to the study with his hands behind his back, and only threw a sentence to the assistant: "Next time, let him go." The assistant at the scene answered, and then Li Shengmin
The door slammed shut. At this time, Li Han was in the yard with Wang Man to water the tomatoes, strawberries and the like planted in the yard, and it felt good to live this slow-paced life occasionally.
"I feel like this batch of strawberries is about to grow." Wang Man bent down and looked at the strawberries in the flower pot and smiled,
"It's big."
"yes." Li Han replied, at this time, Wang Man's little brain melon was in his hand, so he touched it.
Wang Man looked up at him with a smile, Li Han was stunned for a moment, and then smiled: "Your current posture reminds me of the first time I saw you as a little beauty in junior high school, just squatting next to me and looking at me." ”
"I thought you were going to say the first time you interjected." Wang Man squinted at him and teased.
"A wife after all, huh? Dare to drive any car. Li Han pinched her little ears and dragged her up from the ground.
"Hee-hee, that's not how well you taught." Wang Man smiled mischievously, and then clapped his hands: "Let's go, let's go in and rest, it's almost time to prepare dinner." Husband, what do you want to eat at night? ”
"Beef stew with potatoes, you can do the rest yourself." Li Han kissed her on the small mouth. Then he went to the living room and watched the news.
At this time, the TV was showing the follow-up of the former Samsung employees who were exposed to toxic conditions and became ill, and the South Korean prosecutor's office ordered Samsung to compensate the employees for their losses and publicly apologize after investigating and collecting evidence.
In contrast, Kim Jae-hwan, the current chairman of Samsung, has made new progress in financial crimes and bribery of executives.
He then turned on his phone again and looked at it, and Samsung's news was overwhelming. Oddly enough, all the previous news now has a follow-up.
For example, the case of this Samsung employee who fell ill in a toxic environment has not been determined for so many years, and now the court suddenly ordered Samsung to compensate the victim.
Another example is Chairman Kim Jae-hwan's financial crimes and bribery crimes, which have been pardoned back then, and now they have been re-investigated, and a large number of people have been implicated.
In fact, these things have long been exposed in South Korea, but they have not been taken seriously.
Why is it all erupting now? That's of course because everyone thinks Samsung is no longer good. The big names who originally supported Samsung have now sold their shares and switched to Yousheng Group.
In the past, everyone couldn't afford to climb Samsung, but the development of Samsung has already reached the upper limit in so many years, and it will not be able to break through the current volume without winning the Chinese market, and the result is still frustrated.
So everyone knows very well that the current Samsung can only continue to get worse, and it is impossible to get better.
As a result, the trees fell and scattered, the walls fell and everyone pushed them, and everyone no longer helped Samsung to do evil. Those things that were suppressed in the past naturally can't be suppressed now, so they have been exposed.
This is the same for everyone, even Li Han himself. When his company fails, those who greet him with a smile now will turn their faces in an instant, this world is like this, the law of the jungle eats the strong.
Of course, there are certainly people who still support Samsung, but they can't stop this torrent.
Samsung's stock price has decreased, so that some capital has chosen to abandon Samsung and sell Samsung's shares, so Samsung's stock price is lower, so that these people who are still supporting Samsung are shaken, thus forming a closed loop.
A week later, Li Han sat in front of the conference room of Qiaokou Company, watching the shareholders in front of him rejoice: through this wave of shorting Samsung, they made a full profit of 40 billion US dollars.
Among them, 10 billion US dollars is Li Han's personal income, and the rest is from Qiaokou Company and Cranberry Food Co., Ltd., some of which also belong to him.
But because the price has reached the limit he set, it has already sold off in advance. If it falls any further, the market value of Samsung's shares will be lower than their total assets, and this is unrealistic: in the absence of human influence, the subsequent share price will definitely rise.
Therefore, for the sake of safety, Li Han bought Samsung's shares early and returned them to the securities company, officially announcing the end of this wave of short selling.
However, the Wall Street crowd did not give up, after all, they lost tens of billions of dollars in the war to short the Singapore dollar, and this time they are of course going to get it back from Samsung.
"Xiao Li, aren't you happy?! That's a lot of dollars! 40 billion US dollars, more than 200 billion yuan! Qian Xuebin said excitedly,
"Why don't we get you a private jet?" It's also your identity! ”
"It's not time to celebrate." Li Han's surging reply,
"This layout has just begun."