Chapter 1070: Backdoor, does not exist
"What's going on?"
"How is that possible?"
“When did Porsche buy the stock?”
"Shouldn't the increase in stock holdings be disclosed? Porsche is violating the rules. It's against the rules."
"I want to complain, complain."
"An option contract. Porsche bought options, so there is no need to announce it to the public."
"Shit, close the position immediately, close the position."
"Today is Sunday, the market is closed."
"Prepare all your funds and go online to buy goods tomorrow. Buy goods at any cost."
"FK you"
As soon as Porsche's announcement came out, the entire European stock market was in an uproar, and even affected the financial markets around the world, attracting the attention of Wall Street, which was in a slump.
Originally, in the past few trading days this week, Volkswagen's stock price was pushed down from a high of 370 to less than 300. Many short sellers were celebrating and ready to reap the benefits, but in the blink of an eye, the situation changed suddenly.
Porsche 75%, German Federal 20.1%, Volkswagen shares on the market only 4.9%, and short sellers' orders account for at least 13%, which is simply...
There is no doubt that what short sellers face is not an abyss, but a bottomless abyss that is so deep that one cannot see the bottom.
After receiving the news, Lian Xiongdong wanted to call a younger brother immediately, but he stopped moving his fingers at the last moment.
At this time, the other party should be very busy.
"Alas, you will suffer the consequences if you do evil."
Opening his phone and looking at the bunch of wailing sighs in the TT group, Lian Xiongdong pressed his eyebrows. Thinking of the possible calls from those younger brothers, he threw the phone away, thinking out of sight, out of mind.
This time, most of the second generation in Hong Kong’s elite circles will have to learn a big lesson.
However, with the protection of the elders at home, the most he would get is a beating, a confinement for reflection, or being sent out to manage the affairs of a branch company.
Since he had stood idly by at first, it would be best not to intervene rashly now, so as not to damage the friendship between him and Brother An in the end.
However, he hadn't figured out how confident the other party was to be able to plan so far in advance.
"Okay, I'll be there on time."
At this time, Zhou Anan had just been in Lucheng accompanying her young lady, but she received many meeting requests from her beautiful special assistant, and she turned them all down.
But the invitation that came to his personal cell phone was something he couldn't refuse.
He didn't expect that just an accidental bet would bring out Brother Yu, whom he hadn't seen for a long time.
As for who is behind the other party, there is no need to guess.
Who else could be related to him and could also trouble that young master Yu?
"If you have something to do, go and do it yourself."
Zhu Huihui, wearing soft home pajamas, came to the man by the floor-to-ceiling window and said something caringly.
"Well, I'm going back to Hangzhou to take care of some things. I'll come back to accompany you in a few days."
Holding the young lady's slender waist, Zhou Anan looked at the misty autumn rain outside the window and said with a smile.
The storm has come, and the fruits of the harvest will be harvested.
At 6:50 pm on Sunday, Zhou Anan rushed to Hangzhou in Knight XV, despite all the hardships.
"Brother Yu, long time no see."
In a private chef restaurant near Yushan in Hangzhou, Zhou Anan met Mr. Yu, whom she hadn't seen for a long time. He was still as tall and straight as ever.
There was also the brother of the richest man, Yani, who I had met once before. His originally ruddy round face looked a little haggard, with a lot of stubble, and he no longer had the spirit he had when we first met.
"haven't seen you for a long time."
After shaking hands with the other party, Yu Xiang's few words were filled with emotion.
Who would have thought that the last time they met, the other party was just an ordinary college student in Haizhou.
In a blink of an eye, he was asked for favors and help from others.
Things are unpredictable. It’s not that he is progressing too slowly, but some people are cheating and are flying straight to the sky.
I have to say that his younger sister has a really good taste.
"Mr. Mukor, nice to meet you."
Zhou Anan had almost guessed who had asked for the relationship, so when she saw the other party, she greeted him with a smile.
Betting is betting, but as long as the payment is made as agreed, we can still be friends.
"Mr. Zhou, nice to meet you."
Shaking hands with this young Chinese tycoon, Mukol was filled with emotion.
When he was betting with the other party, winning or losing really didn't matter that much. The worst that could happen was that he would lose a few hundred million euros. With a net worth of tens of billions of euros, he didn't care at all.
Of course, he definitely wants to win. Who would complain about having too much money?
But who knows, this is not a matter of losing hundreds of millions of euros.
The pitfall of Volkswagen stock not only takes your money, but also your life.
There are very few Volkswagen shares on the market now. Mukol, who spent more than one billion euros on short selling, wants to close his position. It is very difficult, almost impossible, to buy Volkswagen shares from the market.
But if he fails to close his position in time, his 10 billion euro fortune will not be enough to fill the shortfall.
So he thought of the young Chinese tycoon who had bet against him. Since the other party entered the game early, he must have a lot of Volkswagen stocks in his hands.
Feeling that the matter was serious, Mu Keer immediately mobilized his connections, found the eldest son of the Yu family, and proposed a private meeting with the young Chinese tycoon.
Face and other things are not important compared to one's life and property.
"My family has some investments overseas, and we have a good relationship with Mukol. He got into trouble this time, so he asked me to treat you to a meal. I won't get involved in the details."
After the other two shook hands, Yu Xiang vaguely stated his position.
What he said to Zhou Anan was, just do what you should do and don't worry about my face.
However, the adjective "very good" he used indirectly showed his attitude.
"Brother Yu, that's too polite."
With a smile, Zhou Anan sat down with the other party and started eating and drinking.
Perhaps he was not used to the drinking culture of China. Mu Keer, who was toasting for the first time, asked directly: "Mr. Zhou, I want to ask, how many Volkswagen shares do you have?"
"Mr. Mukol, how much did you spend shorting Volkswagen stock?"
Zhou Anan put down the wine glass in his hand and asked back without paying attention to the other party's direct question.
For Brother Yu's sake, I have to see if I can help.
It’s still necessary to do a face-saving project.
"Based on Friday's closing price, it's about 2%."
Faced with this question, Mukol hesitated for a moment and gave a rough number.
Originally, he invested only 700 to 800 million euros in shorting Volkswagen shares, but after establishing a bet contract with the other party, Mukol added another 1 billion euros.
He is partly responsible for the sharp decline in Volkswagen's stock price this week.
Now, the more than one billion euros that should have been a sure win have become a death warrant.
“…”
Hearing the short-selling figures of the other party's small shareholders, Zhou Anan couldn't help but admire other people's wealth and death.
Based on Friday's closing price of 298 euros, Volkswagen's market value is around 90 billion euros, and the 2% mentioned by Mukol is 1.8 billion euros.
No wonder the other party was so anxious. He contacted him almost immediately after Porsche announced the shareholding news.
If Porsche really refuses to give in, the other party's assets of tens of billions of euros may face bankruptcy, and the richest man in Yani will not be able to save it.
"Come, eat some food and chat while you eat."
Yu Xiang, who was standing by, saw that the atmosphere was a bit dull, so he smiled and asked the other two to start eating.
"Mr. Mukel, I do have a lot of Volkswagen shares, but I have signed an agreement with Porsche and cannot transfer them at will."
While eating, Zhou Anan also confessed some of the Volkswagen stocks she held.
Whether it was the cooperation agreement signed a few days ago or for the sake of maximizing benefits, it would be difficult for Zhou Anan to open a back door for the brother of the richest man in Yani.
Me: Ah huh, it is expected to drop by 2 points @.@
Ji: Sorry, 5 points.
Me: Hahaha, it is expected to increase by 5 points@. @
Ji: You are wrong, it is less than 3 points.
I...(o^^o)
(End of this chapter)
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