Chapter 586 Buck's Despair



The day after Shen Dong started worrying about money, good news came from the Japanese stock market: the market opened with a 4% drop.

Song Zihao immediately called him and said, "Brother Dong, our profits have reached forty percent."

Shen Dong thought for a moment and said, "If the price drops by 0.5 percentage points, sell all the stocks you have, sell as many as you can."

Song Zihao said, "Understood."

Just one hour later, Song Zihao sold nearly half of his shares, with a total value of US$15.2 billion.

The large number of short positions that Chen Dong placed caused the Japanese stock market index to rise by 1.2 percentage points.

However, this index only lasted for half an hour before falling back down.

This shows that the market is still very pessimistic about the Japanese stock market.

Having secured $15.2 billion, Shen Dong was immediately filled with confidence.

Conversely, Philip Barker, like a wounded bull, angrily smashed things in his house to pieces.

With its six billion dollars gone, Barclays has less than five hundred million dollars left. If it drops by just two more percentage points, it will have no chance of recovery.

This filled him with extreme panic and despair.

Buck knew very well that if his family found out about this, he would be completely finished.

Therefore, he had to obtain a huge sum of money before the matter was exposed to make up for the deposit.

The question is, who has that kind of ability and is willing to lend him so much money?

"Damn it, how could this happen?"

Buck picked up a bottle of red wine, took a big gulp, and then smashed the bottle on the ground.

Just then, Buck's phone rang.

Hello, who is this?

"Mr. Buck, someone is shorting Hang Seng Bank's stock in large quantities on the stock market?"

"Have you found out who it is?"

"No. The other party seems to be very wealthy; they bought 12 percent of the shares in just 30 minutes."

"How could it be so fast?"

"Because he bought it at a price two points lower than the market price. Mr. Barker, it's clear that they are engaging in malicious short selling, and we must take measures to stop them as soon as possible."

Stop it my ass!

Buck cursed inwardly, but said calmly, "Don't worry about it. Even if they buy up all the stocks on the market, it won't have any negative impact on us because we have absolute control. However, you need to find out who they are as soon as possible."

"Yes, Mr. Buck."

It was Shen Dong who shorted Hang Seng Bank.

Once he had sufficient funds, the first thing he did was to target Hang Seng Bank.

The objective is clear: to subdue Buck and render him utterly hopeless.

Only if he is desperate will Shen Dong have a chance to get Hang Seng Bank shares from him.

To prevent the Japanese stock market from continuing to plummet and causing Buck to lose all his funds, Shen Dong immediately extended an invitation to Buck on the same night after shorting Hang Seng Bank's stock.

In the past, Philip Barker would never have kept the appointment.

But now, this guy has become a tiger without claws. He won't let go of any opportunity to raise money, even if the other party is his enemy.

In a high-end Western restaurant, Shen Dong looked at Philip Barker across from him and said with a smile, "Mr. Barker, did someone short your Hang Seng Bank today?"

Buck, an exceptionally intelligent man, said, "It's you?"

Shen Dong nodded and said, "That's right, it's me."

Buck sneered, "Hang Seng Bank controls hundreds of billions of US dollars in wealth in Hong Kong. It has huge funds and excellent assets. I really can't see any reason for you to short it. Mr. Shen, I advise you to withdraw quickly, lest you lose everything."

Shen Dong chuckled and said, "Mr. Buck, there's a proverb in China called 'putting on a brave face when you're not.' Your performance just now was a perfect illustration of that proverb."

Buck frowned and asked, "What do you mean?"

Shen Dong said, "You really have a lot of nerve. You actually dared to use three billion US dollars in reserves and three billion US dollars in cash reserves to go long on the Japanese stock market. If I'm not mistaken, you should lose all that money soon, right?"

Buck's expression changed drastically.

The three billion dollar reserve is a top secret of Buck. Only he and Kerry know about it. Even the operation team doesn't know the source of these funds. How did Shen Dong find out?

Did Kerry betray him?

Seeing Buck's face change drastically, Shen Dong continued, "As soon as I leak this information, your Hang Seng Bank will immediately be in the most dangerous situation. It will be difficult for your market value not to drop by 50%. The worst off will be you. You will lose 6 billion US dollars to the bank, which is enough for those shareholders to boil you alive."

Buck said in a deep voice, "Your information is wrong."

Shen Dong laughed and said, "Great! I'll spread the word tomorrow and let everyone help me verify its authenticity."

"you..."

Buck was speechless for a moment.

In the past, he would have already confronted them, but now he really doesn't have the guts.

What exactly do you want?

Buck took a sip of red wine to calm himself down, then asked Shen Dong.

Shen Dong took a sip of red wine and said, "I want to know how many Hang Seng Bank shares you hold?"

Buck exclaimed, "You want to acquire Hang Seng Bank?"

Shen Dong smiled and said, "Whether we can acquire it or not depends on you."

Buck was somewhat confused by Shen Dong's words and asked, "What exactly do you want?"

Shen Dong said, "It's simple. I'll make a bet with you. Do you think you can earn your money back?"

Buck replied without hesitation, "Yes. The Japanese stock market has already hit its limit at this level. As long as you give me another two billion US dollars, I can definitely earn it back."

Shen Dong laughed and said, "Two billion US dollars? Mr. Buck, you should own about 26% of Hang Seng Bank's shares. Given Hang Seng Bank's current situation, it's probably not worth that much at all. At most, it's only worth one billion US dollars."

Buck snorted and said, "You've done your research. But even if I had 26 percent of Hang Seng Bank's stock, I would never sell it to you."

Shen Dong said, "As I just said, I want to make a bet with you. You use your Hang Seng Bank stock as collateral, and I'll give you one billion US dollars as capital to recoup your losses. The time limit is one month. If you can make another one billion US dollars on the Japanese stock market with that one billion, I'll return the Hang Seng Bank stock to you, and you'll return the one billion US dollars to me. That would be considered me helping you out. Conversely, if you fail to do so, I won't take the one billion US dollars; instead, I'll keep 26% of Hang Seng Bank's stock. What do you think?"

Buck said coldly, "In the end, you still want Hang Seng Bank stock."

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