No sooner had Lu Feng left than Zhu Lidong rushed up, listed out all his funds, and asked the other party to help him open an account so he could buy the same things. Then the others did the same thing.
Ma Wanjun finally got a good night's sleep after unplugging the phone line. The next day, the ore trucks that used to be coming in droves suddenly stopped. They thought that this suddenly appearing South African tungsten mine wouldn't dare to stop production, but today they only got less than two-tenths of the usual amount of ore, which proved them wrong.
In less than two days, more than a dozen companies filed lawsuits against South African tungsten mines in local courts, and Ma Wanjun also received some death threats.
On Wall Street, well-informed people within major investment banks have already learned about the situation at the South African tungsten mines. In a conference room, a manager excitedly told several people, "If this news is true, then our chance to make a name for ourselves in the futures market has arrived."
A team member in his thirties looked at him and said, "I don't think this is a good thing. Someone has maliciously stopped production after forming a monopoly in the area. You should know that most of our country's tungsten alloys come from there. This news should be passed on to higher authorities to prevent greater losses at the national level."
"Are you out of your mind? What does the country's loss have to do with you? The more people know about this news, the higher the futures market will rise. We should buy in now. As long as we make money, what do we care if others live or die?"
“I agree. If the information is reliable, I can mortgage my house!”
"We need to tell the government and let them investigate. Tungsten alloy is a core mineral for manufacturing high technology..."
"Shut your mouth! I don't care what happens to the earth, I don't care what happens to this country. As long as you give me money, I don't care about anything, understand?" The manager glared at the team member and said, "Put away your patriotic enthusiasm. What we need to do now is investigate and confirm that the reduction in tungsten mine production is not temporary. So, I've booked a few tickets to South Africa. Let's go right now!"
On the same day, three teams of well-informed financial professionals from Wall Street boarded a plane to South Africa.
It's already February, the weather in Shenzhen is starting to warm up, the festive atmosphere of the Lunar New Year has completely dissipated, and people are back to their busy lives. The free mobile phones that were all the rage on the streets a while ago have been forgotten.
However, various mobile phone accessories wholesale, battery wholesale, and casing wholesale have begun to appear in the Huaqiangbei market. Some people have discovered that these accessories are sold as if a mobile phone has been disassembled and is sold separately. There are even displays, motherboards, and basically all of them except for the communication chips on the motherboard.
Some people have already spotted the business opportunity and have started buying in bulk.
"The buttons are gone, that's all we have!" A woman in her thirties or forties leaned against the counter and asked, "Mr. Cui, what are you buying these for? Are you really going to assemble a phone? This thing is missing a communication chip. See that empty area on the motherboard? You can't make a call without that. People were eyeing these parts as soon as they came out, but then they found out they were missing parts. These are all for phone repairmen. You know Jiafeng Group? They recently launched the Jiaxun phone!"
“I know him, Mr. Lu, I know him, we’re old acquaintances, he’s my cellmate!” Cui Ning said, sitting there lighting a cigarette. “Do you know how he made his fortune? I introduced him, I pulled some strings!”
"Really? I didn't realize you had such connections." The woman asked curiously, "What exactly do you need this for?"
"Didn't you notice how cheap these parts are? All assembled, it only costs five thousand yuan. A new phone costs six thousand. Where can you find parts this cheap?" Cui Ning said with a smile.
"But it's useless anyway, it's missing something!"
"How many people in the country know that this thing needs a communication chip to make a call? What do I do? I'm a reseller. I assemble these things, sell them in the north, and then I just say I stole them. They can come after me whoever they want," Cui Ning said smugly.
"Oh my god, you've really gone too far!" the woman said with a laugh.
"Me, immoral? You can't make money these days if you're not immoral. Damn it, Lu Feng still owes me money and hasn't paid me back yet!" Cui Ning cursed under his breath, then greeted the woman, telling her to save some for him if she had any, before leaving.
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