Chapter 404 A Coward's Words Don't Shame
After listening to the advice from the Mitsui Group executives, Morita Shōo remained silent for a moment.
"Sony is not afraid of anyone, nor of any threat," Morita Shōo said firmly.
These words left the Mitsui Group executives scratching their heads. This is a straight steel bar; it's not afraid of bending!
"Mr. Morita, you really don't understand Xing Baohua! Let me tell you, that guy is a madman, he'll bite anyone he can get his hands on. Look at Nissan, look at Toyota, and look at those small and medium-sized investment companies on Wall Street."
"Oh dear, his methods of making money are different from yours. He's swindled those idiots on Wall Street, and even our Mitsui Bank."
Morita Shōo hurriedly replied, "You guys got scammed too? How?"
"Hong Kong stocks... it's a long story! Listen to me, first learn about that guy's rise to wealth, and you'll understand. Going against a speculator like him is easy to lose. First of all, he doesn't lack funds, and even if he loses, he won't care. All that money comes from the stock and futures markets. Do you think it's easy for Sony to sell some home appliances?"
Mitsui's top management also hated Xing Baohua to the core.
Half of the stocks I bought from Xing Baohua are now stuck with me.
Those who suffered the most were the major Japanese stock market investors.
Mitsui Group is also suffering in silence, unable to express its bitterness!
They bought in much earlier than the large, medium, and small investment banks on Wall Street.
You can't exactly sue Xing Baohua in Hong Kong, accusing him of stock manipulation, can you?
Xing Baohua doesn't have that kind of ability to manipulate a global market downturn. He must have guessed the direction correctly to set a trap for Mitsui.
Mitsui Group really doesn't want Sony and Xing Baohua to go against each other. Not only would they be throwing their lives away, but they would also suffer losses!
This is not a loss of tens of millions or hundreds of millions.
Given Xing Baohua's bad temper, he absolutely won't budge unless he offers you billions.
Morita Shōo said on the phone that he would have his company investigate the matter, and then hung up.
This person is also known for being bold, radical, and meticulous.
Under Morita Shōo's leadership, Sony grew larger and larger, accumulating more and more money, and continuously acquiring promising high-quality companies.
So, like Xing Baohua, he bought this and that.
The only problem is that Colombia, whom I had high hopes for, was snatched away by that arrogant kid.
Before Sony had even finished investigating the details of Columbia Pictures, news broke that it had been sold.
Unwilling to give up, Sony tentatively offered a price to see if they could snatch the deal away again.
They quoted an additional $300 million on top of Xing Baohua's base price.
It seems that the shareholders of Happy Water do indeed have a greedy nature. Otherwise, they wouldn't have forgotten the spirit of contracts.
But what he didn't expect was that Xing Baohua called him arrogantly, every word of which was a threat: 50 billion US dollars?
Sony doesn't actually have it, but does Xing Baohua have 50 billion yuan? Or can he really come up with 50 billion yuan?
There is an old Chinese saying: "Know yourself and know your enemy, and you will win every battle."
It seems I need to get to know Xing Baohua better.
So the company's intelligence department was ordered to gather all information about Xing Baohua, and they needed it very urgently. Morita Shōfu wasn't sure if Xing Baohua would go insane the day after tomorrow.
The insurance period should be completed within one day to obtain his information.
When Morita Shōo was having a headache, Xing Baohua was also having a headache.
If he can't scare that old bastard Morita Shōo, where will he get 50 billion? To be honest, Xing Baohua himself doesn't even have 50 billion.
In terms of momentum, it's similar to Texas Hold'em; it gives the impression that you have a great hand of three of a kind and can easily win by stealing the opponent's winnings.
After thinking it over, I decided to prepare for both possibilities. I first called Huang Xingyao and told him about the situation at Happy Water, where Sony had interfered.
Tomorrow morning, we'll first conduct a thorough investigation of Sony's branches in the US, thoroughly understanding all the companies they've invested in or are involved with. We're always on the verge of a major showdown with Sony; Xing Baohua needs to figure out the funding.
Xing Baohua couldn't call the bank that night, so he could only wait until he went to work the next day to raise the funds.
He then called Mitsui Bank and asked them to prepare 10 billion US dollars for him.
Mitsui Bank said there was no problem, but raising such a large sum of money would take time, and asked Xing Baohua to wait patiently for two days, after which someone would contact him.
Not long after Xing Baohua hung up the phone, calls from Mitsui Fujisaburo and others came in. Although they were very polite, they didn't even inform him about mobilizing 10 billion US dollars.
He will help Xing Baohua deal with this matter as soon as possible.
Xing Baohua's phone call threw Mitsui Bank into chaos. Even the top executives of the Mitsui Group were worried for Sony.
No matter what, Mitsui couldn't just stand by and watch outsiders bully a local high-quality company like this! So he secretly told Morita Shōo: Xing Baohua had already asked Mitsui to prepare 10 billion US dollars.
I estimate he'll notify the banks involved in his business tomorrow morning. With Xing Baohua's influence, he should be able to raise the $50 billion.
Moreover, his fixed assets are the kind of collateral that major banks love to have him use as collateral.
To put it very clearly, Xing Baohua is not only a speculator, but also very successful in real-economy assets!
Morita Shōo hung up the phone and told people to hurry up and find Xing Baohua's information.
Collect as much as you can and bring it over.
The first thing you see is Xing Baohua's profile as the director of the rice electronics factory.
Suddenly I remembered who this person was.
Yoho! A competitor!
Morita Shōo also admired the beauty of the craftsmanship of the ultra-thin rice portable music player.
The one-piece metallic texture represents industrial aesthetics.
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