Chapter 154
Gu Jiangkuo, who was far away in Southeast Asia, also noticed the news.
It was impossible not to notice that this was one of the most explosive news in the financial circle since the New Year. By the time Gu Jiangkuo followed the clues and found Mr. Gu, and rushed over to confront him, the price of lithium carbonate had doubled again. In just a day and a half, the increase was more than 400%. As long as you have eyes and ears, you will know that there must be capital behind it.
How could it be such a coincidence that it happened just when Xingxu’s 180,000-ton short order was about to be delivered?
All signs point to a North American company called KQRT, which is also a well-known giant in the financial circle. In a sense, it is in the same industry as 'NUO' founded by Gu Jiangkuo, and both are involved in capital manipulation.
The only difference is that KQRT has a longer history and is more elusive. Unlike airdrop institutions, it does not need to publicize its short-selling reports in public. Most of the time, it just makes a lot of money quietly.
But this time, KQRT is not acting alone.
When Gu Jiangkuo kicked open Gu Zhonghong's door, the old man was in the middle of physical therapy. The doctor administering the electrothermal treatment was so frightened he nearly dropped the equipment. Old Man Gu, however, remained calm and gestured to the doctor, "Come here for now. Help me up. ... It seems Ah Kuo wants to talk to me."
The family doctor glanced at the furious Gu Jiangkuo again, and while helping Gu Zhonghong up, he asked, "Are you really okay?"
"What are you afraid of? I'm dead now, and the inheritance procedures will automatically start, and everything will be transferred to the trust. Even if Xin doesn't come back, he'll still be the owner of the Gu Group." Gu Zhonghong joked to the family doctor, but his eyes were fixed on Gu Jiangkuo. "Akuo, are you willing to give it up?"
The atmosphere was too tense, and the less one knew about the inner workings of a wealthy family, the better. The doctor quickly slipped away with the nurse, and considerately helped the grandparents and grandchildren close the door - the door seemed to have been kicked in by Gu Jiangkuo, and was not easy to close.
Gu Jiangkuo stood very straight. He was tall to begin with, and he looked down at Gu Zhonghong with a threatening tone: "Whether I'm willing to do this depends on the consequences of this matter. No one can harm Nuonuo."
"Grandpa doesn't understand what you are talking about." Old Man Gu raised his lips, but the smile did not reach his eyes. He looked at Gu Jiangkuo with sharp eyes. It didn't seem like he was avoiding the question, but more like he was examining Gu Jiangkuo as a person. This grandson who had a quarter of his blood flowing in his body, how far had he found out in such a short time.
"KQRT." Gu Jiangkuo uttered the four letters word by word. "Grandpa, it's pointless to pretend to be ignorant when you know the truth."
After getting the answer, Mr. Gu's scrutinizing gaze suddenly became complicated.
He stared at Gu Jiangkuo and murmured, "You really found it out. A Kuo, you are like me in this respect." It would be great if Gu Xin also had such keen insight and courage.
pity……
Mr. Gu shook his head.
Gu Jiangkuo sneered, "Like you? No, I'm not like you. At least I know how to repay a favor. Nuonuo is not only my lover, but also the one who pulled me out of the quagmire when I was in the most difficult time. Now that he's in trouble, I'm willing to help him."
Old Master Gu's face instantly darkened. What he said was implying that after he became rich, he became a Chen Shimei and killed his grandmother?
In the past six months, their fight has been brought to the surface, but this is the first time that the grandfather and grandson have made this matter so openly.
However, Gu Jiangkuo didn't dwell on the past. He said coldly, "Grandpa, you secretly funded KQRT and frantically stockpiled lithium carbonate on the market. How much have you consumed so far?"
"Not much," Gu Zhonghong took a deep breath and said lightly, "It took up 70% of the inventory on the Nasdaq exchange."
"You are spending a huge amount of money, using a large amount of funds and a huge amount of lithium carbonate inventory to crazy raise the price. Are you preparing to force a liquidation?" Gu Jiangkuo gritted his teeth.
"Of course." Old Master Gu laughed. "Ah Kuo, why are you asking when you already know the answer?"
To put it simply, the so-called forced liquidation means that, under the premise of predicting that the other party's inventory is insufficient and unable to deliver on time and in quantity, the bulls raise the futures price, forcing the other party to buy back the futures contract at a high price and be forced to close the position. Otherwise, they will buy lithium carbonate at the current ridiculously high price in the market and make physical delivery. In any case, the bulls can make huge profits from it①.
Now the price of lithium carbonate has been continuously raised and has long exceeded its original price, and has become a complete capital game.
If Xingxu cannot provide enough lithium carbonate for physical delivery on the delivery date, then they can only buy lithium carbonate at the current insanely high price or lose the margin. What's more frightening is that as Gu Zhonghong deliberately raises the price of lithium carbonate in the market by controlling KQRT, the margin will also rise.
Judging from the current price, if Xingxu fails to deliver on time, they will have to pay a deposit of US$2.5 billion, equivalent to 17 billion RMB!
This is more than ten times more expensive than the original total selling price of 180,000 tons of lithium carbonate!!!
It's even higher than Xingxu Metal's market value. It's completely out of control!
Moreover, this number continued to rise. When he was talking with Gu Zhonghong, he believed that KQRT was still raising its price.
Seeing Gu Jiangkuo's grim expression and a long period of silence, Gu Zhonghong said, "Grandpa wants to teach you a lesson through this incident. No matter how many calculations you make, they are nothing in the face of absolute strength. Just like an ant cannot shake a tree, a mantis cannot be a chariot, and your grandson can never fight against your grandfather."
Gu Jiangkuo didn't respond, saying hoarsely, "As long as we can gather 180,000 tons of industrial-grade lithium carbonate, that'll be enough, right?"
"You know it all very well. ... And rightly so. You two have such a close relationship, I'd be surprised if you didn't know. Ah Kuo, are you relieved? Do you think getting enough industrial-grade lithium carbonate shouldn't be difficult?" Gu Zhonghong smiled pleasantly. "But you probably haven't studied it carefully. We have the contract, and it has an interesting additional clause. If certain conditions are met, we have the right to require the supplier, Xingxu, to convert the industrial-grade lithium carbonate into experimental-grade high-purity lithium carbonate at a certain ratio. Of course, the unit price will also change proportionally, so the total price remains unchanged."
"What do you mean?" Gu Jiangkuo asked coldly.
"It's nothing. Your pretty boyfriend has been forced to liquidate his positions. He acquired Xingxu before the New Year, making it a subsidiary of the Jiang Group. I've done a special investigation, and the Jiang Group is jointly liable in this situation." Old Master Gu said word by word, "After this incident, he will go bankrupt."
“…”
"Well, Ah Kuo, I'm curious, how far are you willing to go for him? Will you, like before, use the tens of millions of dollars (160 million RMB) you made from speculation to fill his hole?"
Gu Jiangkuo pursed his lips.
"Oh, this hole is too big for you to fill," Old Master Gu mocked. "Not to mention you, even the entire Jiang family can't compensate you. Don't think you can get away with it just because you did something under my nose."
Gu Jiangkuo clenched his fists, and because he squeezed too hard, there was a "cracking" sound, and several blue veins popped out on the back of his hands.
Gu Zhonghong's face darkened as well: "No matter how much Sun Wukong struggles, he can't escape the clutches of Tathagata Buddha."
Gu Jiangkuo couldn't hold it in any longer and punched out in anger. His fist, as big as a casserole, passed by Old Man Gu's ear and hit the white wall behind him.
Spider-web-like cracks, with his fist as the center, spread inch by inch until they covered half of the wall. Dust fell and covered Mr. Gu's head and face.
"!!!" Gu Zhonghong was terrified, his face paler than the wall, no longer arrogant. "Are you crazy? Ah Kuo, calm down! I'm your grandfather! If anything happens to me..."
Gu Jiangkuo slowly retracted his fist and looked at him gloomily. His eyes were as terrifying as an evil demon from hell, as if he could really take his life without any regard.
Just like that, Gu Jiangkuo stared at him for a long time, and after a while he finally said, "I know that if anything happens to you, the game will be over. The other businesses of the Gu Group will have nothing to do with me, and I will never get what I want."
The dozen seconds he just stared at his own grandson seemed longer than several hours. Gu Zhonghong's heart was beating violently, his ear bones were swollen with blood, and he didn't even dare to blink. After the extreme fear, he heard A Kuo slowly say what he had just said, then turned around and left.
Watching Gu Jiangkuo's back disappear, Gu Zhonghong seemed to be exhausted. He slid down and sat with his upper body lying on the therapy bed. Only then did he realize that his back was completely soaked with cold sweat.
Just now, Gu Jiangkuo's behavior made him believe that he could really commit patricide.
"But what does it matter?" Gu Zhonghong murmured. "You won't really compromise your own interests for the sake of so-called 'feelings'. So-called 'true love' is also a commodity with a price tag. You can spend 160 million for him, but can you give up your entire fortune and even your future for him?"
"Akuo, you have my blood in your veins. You and I are the same, both selfish. What's the difference between us? Why are you pretending to be a romantic in front of me?"
Gu Zhonghong climbed to his feet and growled angrily in the direction where Gu Jiangkuo had long since disappeared, "You only know how to swing your fists when encountering problems. You're strong-limbed and impulsive! Incompetent! You're nothing like me!"
.
Gu Jiangkuo naturally didn't hear the last few words of cursing, as he had already gone straight to the airport.
On the way, he booked a flight to Yanlin, but when he saw the car following behind him in the rearview mirror, Gu Jiangkuo silently took out his phone and called his subordinates, "Donggu, cancel the ticket to Yanlin and change it to City A. ... 'My son Nuonuo is having some problems, and I need to find an old friend to help him recover some of his losses.' Yes, that's the answer you give when someone asks you."
After arriving at the airport safely, there was still some time before the flight to City A took off. Gu Jiangkuo noticed the "tail" following him, but pretended not to notice it. He entered the airport VIP lounge and poured himself a soft drink at the bar.
Then he found an empty corner, sat down on the sofa, and called Jiang Nuo.
The phone rang for a long time. It was estimated that Nuonuo was dealing with the current emergency, while Gu Jiangkuo glanced at a few "tails" out of the corner of his eye to make sure they could not get in and could not hear.
Finally, the call was connected, and Jiang Nuo's somewhat tired but excited voice came from the other end of the phone: "Hey, did you know?"
There was no need to ask 'what do you know'. Gu Jiangkuo lowered his head, turned slightly to the side, and when he was sure that no one else could see, he raised the corner of his lips wantonly, "Well, you guessed right. Nuonuo, you are really smart."
"That……"
"You guessed the second move as well, and there are other surprises." Gu Jiangkuo lowered his eyes to look at his fist, which was a little bruised from hitting the wall. He relaxed his arms and said casually, "I improvised and put on a show for you."
"What surprise?"
"It's not convenient to tell you the specific details over the phone."
"Okay, let's meet up and talk. When will you be back?"
"I had been planning to go back today," Gu Jiangkuo said, "but, to complete the show, I have to go to City A."
"City A?" Jiang Nuo repeated suspiciously, then suddenly realized what was going on. "You're going to City A to look for... Yu Min? What? Do the bullies suspect we're prepared?"
If it's related to lithium carbonate and in City A, then the only person who can do it is Yu Min. You know, Yu Min holds cooperation agreements with companies that produce more than 50% of the domestic lithium carbonate.
"That's not the case. However," Gu Jiangkuo cracked his lips, pulling out a calculating arc, "Nuonuo, you fought beautifully in this battle. I want to add some more chips."
Since the old man was worried and sent someone to follow him, he might as well play along and pretend to help Jiang Nuo recover his losses as much as possible. He pretended to go to Yu Minqiang to buy experimental-grade lithium carbonate. Perhaps this would further inspire Mr. Gu's fighting spirit and further increase the price of lithium carbonate based on the current basis.
It just so happened that he was still short of 40 billion to purchase Gu Group’s shares - of course, this was on the premise that Gu Group’s stock price remained stable.
His grandfather wanted to give him money, so how could he, as his grandson, not accept it?
.
Unlike Jiang Nuo and Gu Jiangkuo, Yu Min was really panicked.
He'd gone to all that trouble to lay the groundwork because he wanted to short the stock! He'd never imagined that the foreign bulls would be so aggressive, pushing up the market price regardless of cost. Was this a plan to wipe out Xingxu? — Now the front pages of financial news are all about the massive short position in Xingxu Metal Technology.
So what does this mean? Is this a case of being caught in a trap?
If Yu Min had been repeatedly pursued for debts by investors because he had lost the opportunity to cooperate with Xingxu before, then now, he was really being hunted down.
Just when he was so anxious that he wanted to jump off the building, Gu Jiangkuo broke into his office.
Mr. Gu was a tall and strong man, and he made quite a noise when he came in and out, so much so that Yu Min thought that the investor wanted him to pay off his debt with his life, and he was so scared that his legs went weak. However, when he saw Gu Jiangkuo's face, his legs went even weaker.
"Why are you here?" Yu Min said with a sad face, "Mr. Gu, I really don't have the heart to cause trouble for Mr. Jiang recently. Believe me..."
Gu Jiangkuo ignored him and walked two or three steps to the window. He saw a group of familiar figures who had already followed him downstairs. Only then did he turn back with satisfaction and said, "You better not have it."
Yu Min: "Really. Mr. Gu, I have other things to do, so I won't..."
Then, he felt his collar being grabbed. Yu Min subconsciously closed his eyes, but instead of waiting for a fist, he heard Gu Jiangkuo's low voice asking, "Do you want to escape from this desperate situation?"
What?
So this person was grabbing his collar to tell him something in secret?
"I can give you a chance and we can cooperate," said Gu Jiangkuo.
The author has something to say:
The trigger condition for today's extra update is also to leave a lot of comments! P.S. The lottery results will be announced today, so please check your Jinjiang coins. The lottery will be drawn around 10 PM~
①The explanation of forced liquidation comes from the data.
In addition, I have explained it when I revised the words in the previous chapter. In fact, my dears just need to remember that "Nuonuo will not suffer any loss" hehehe
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