During Samsung's emergency phone recall.
Lu Fan, Dong Haotian, and Jiang Hetang are ready.
At that moment, they were at Dong Haotian's securities company.
"It's about time to begin."
Lu Fan checked the time and said to Jiang Hetang and Dong Haotian.
It was already 1:30 PM in China.
The time in South Korea is 2:30 PM!
The two places have a one-hour time difference.
At this time, the South Korean stock market is almost closing.
In South Korea, the stock market operates from 9 a.m. to 3 p.m. daily.
In other words, Lu Fan and his group only had half an hour left.
"Alright, let's split up and get started."
Dong Haotian chuckled.
"Haha, I can't wait to make hundreds of billions from him."
Jiang Hetang also said excitedly.
They all knew that if this deal succeeded...
That would mean another several hundred billion Daxia coins in revenue.
Of course, it's okay if you fail.
It's only about 1 billion US dollars.
Even if we lose everything, it's only a little over 6 billion Daxia coins.
Compared to the money Lu Fan had helped them earn before.
These 6 billion+ Daxia coins are utterly insignificant.
At this moment, Lu Fan, Jiang Hetang, and Dong Haotian split into three groups and began their journey to short Samsung!
Each person invested 1 billion US dollars.
With a leverage of 50 times, this $1 billion is equivalent to the purchasing power of $50 billion.
However, it's short selling!
Therefore, this $1 billion is equivalent to a security deposit.
Soon, under Lu Fan's operation, $50 billion appeared in his overseas securities account.
This $50 billion was obtained by selling Samsung shares he borrowed from a brokerage firm.
Next, all you need to do is wait for Samsung's stock price to plummet, then buy back the same number of shares and return them to the brokerage firm.
The price difference is Lu Fan's profit this time.
Lu Fan was very familiar with this kind of operation.
After all, that's exactly what they did when they shorted Tencent last time.
After completing the operation, Lu Fan immediately looked at Jiang Hetang and Dong Haotian.
We discovered that they were almost finished too.
About ten seconds later, Jiang Hetang and Dong Haotian completed operation 16 almost simultaneously.
"Done!"
The two exchanged a glance, then looked at Lu Fan.
Next, we just have to wait for Samsung's stock price to plummet tomorrow.
Such a huge amount of money was used to short Samsung!
Undoubtedly, Samsung knew almost instantly that someone was shorting their stock.
"Damn it, which bastard is kicking me when I'm down at this time?"
"Does he really think Samsung is easy to bully?"
"Trying to short Samsung and leech off us? Dream on!"
In South Korea, at Samsung headquarters, the Samsung chairman was angrily slamming his fist on the table.
He was already overwhelmed by this new phone.
The company lost billions of dollars for nothing.
Because of this incident, their company's reputation may suffer a huge blow.
Besides that, what he was most worried about was the company's stock price.
Once their company's stock price falls.
No matter how much it drops, it will be a huge loss for Samsung.
After all, Samsung's current market value is over 300 billion US dollars.
Even a drop of just one percent would instantly wipe out $3 billion.
Just thinking about this makes Samsung's chairman's head spin.
But misfortunes never come singly!
Just then, he received news that someone was trying to short their company's stock price.
Moreover, they have very strong financial backing!
Based on information gathered from various sources.
There are as much as 3 billion US dollars in real money shorting their stock!
If it were only $3 billion, the Samsung chairman certainly wouldn't care.
However, the other party happened to activate a leverage of 50 times.
That's great, $3 billion immediately turns into $150 billion in purchasing power.
That's half of Samsung's market value!
If Samsung's stock price falls tomorrow.
Then Samsung is in big trouble.
"Chairman, we checked the information."
There are three groups of people shorting our stock.
"Moreover, all three groups of people are from the Great Xia."
The secretary to the chairman of Samsung reported the results of the investigation.
"From Great Xia?"
"Ashiba, someone is retaliating against us."
Upon hearing this, the Samsung chairman immediately had a guess.
Previously, it was his order not to recall the mobile phones from Daxia.
In his opinion, the people from the Great Xia region didn't need to apologize at all.
Those people are foolish and rich.
Even if you know you've been scammed.
They will still buy them as long as good phones are produced in the future.
Therefore, he didn't care about the attitude of the Great Xia at all.
"Chairman, what should we do next?"
The Samsung secretary asked from the side.
Such a big matter needs to be decided as soon as possible.
Otherwise, if left unattended, it will inevitably cause irreparable damage.
"Convene a shareholders' meeting immediately in two hours."
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