You are worth tens of billions before you come to the system?

Chapter 264 Monetary Hegemony

"It's so boring..."

Lin Zitai sighed helplessly,

The other party gave in before he even made a move.

Although it is the behavior of a man who knows the current affairs, he almost risked his life and wealth before, saying that he wanted to fight him to the death.

Lin Zitai was also fully prepared, but unexpectedly surrendered suddenly, which made him feel very unfulfilled.

He looked up and saw that the financial market seemed to have caught wind.

Merck's stock price tilted down from $155, and a bottomless negative line instantly appeared.

Big money fled first, followed by well-known hot money, and retail investors were cut off without even reacting.

Because they took over the market at a high level, however, the stock price dropped from US$155 to US$104, even lower than today's opening price.

If they spent 155 to buy 1.5 shares at the price of $100, they would now have 1.04 left, and the loss rate would be more than 33%.

If it is in the A-share market, it is equivalent to eating the daily limit for three consecutive days.

"Mr. Lin, Merck's stock price has collapsed."

Lu Feng's face was full of excitement and he rushed over to tell Lin Zitai the good news.

Lin Zitai looked indifferent: "Let it continue to fall. According to this market trend, the market will still fall. We will wait until 100 US dollars before selling. How many shares are there now?"

Seeing that the boss was not surprised, Lu Feng also understood that it was probably Lin Zitai who did it: "I just bought some more intermittently, and now it's 28.55%."

"Stop if it exceeds 33.4%."

Fraser gives up the competition, and it makes no sense for Lin Zitai and others to hold too many shares, as long as they can complete the control.

…………

It’s three o’clock in the morning Beijing time,

Merck's share price fell below the $100 mark.

Although the current decline is only -5.8%, the fluctuation of the day has been as high as 76%.

Lin Zitai also told Lu Feng not to worry and to wait for a while, at least until $95 before repurchasing the stock.

Only by making retail investors think that there is no support below and causing further panic in the market can they buy back shares at a lower cost and complete their control.

After all, the reorganization of the two companies will require a large amount of funds to repurchase the shares held by retail investors.

There is a high probability that financial institutions will not need to repurchase shares held by them because they are patient and can wait until the listing day after the restructuring.

But those retail investors are different. The reorganization of two such huge companies will take as little as half a year and as long as one year.

Novartis has applied for a trading suspension, and MSD is expected to do so soon. Individual players are impatient and cannot afford to wait so long.

They simply took advantage of this opportunity to take as much bargaining chip as they could from retail investors and small institutions.

Not long after, Lin Zitai's phone rang.

Boen sent a congratulatory message: "Congratulations to Mr. Lin, I finally got my wish to obtain controlling shares of two companies."

Daoxi is only one aspect. The other aspect is that they want to undertake the restructuring business and the business of repurchasing stocks.

Even if the waiting time is very long, even if a lot of funds are needed, what they lack most is time and money.

Bohn once told Steve that Novartis and Merck belong to them, and not even Lin Zitai can take them away.

As long as Pioneer can undertake these two businesses, they will not only be able to make profits, but also retain part of it through the issuance of stocks, so that they can sit on the board of directors after the reorganization.

"Mr. Bohn, thank you for your full assistance, but you should also know that our Novartis Investment has subsequently invested another 400 billion US dollars, and we need to subscribe for billion..."

Lin Zitai said that it was not that he did not want to contract these two businesses to Pioneer Pilot.

Just a few days ago, it borrowed US$400 billion from Bank of China, and these two businesses were written in the loan contract.

The experience of bankruptcy in the past few years made him understand many things, and also made him realize that it is difficult to survive alone. Once a company becomes bigger and stronger and wants to develop overseas, it must rely on the country.

Moreover, the country the company is backed by must have strong military strength, otherwise Samsung Group will set a negative example.

Lin Zitai knew Bo En's thoughts very well.

On the surface, it is helping him, but in reality, it still needs to firmly control Novartis and Merck.

He wanted Lin Zitai to pay and enjoy the right to reputation, and then the two companies would still be controlled by them behind the scenes.

So Lin Zitai thought of Bank of China. Although he did not discuss it with Sun Zehai, he thought that Bank of China would be very happy to participate.

Even if he loses money, Sun Zehai will definitely agree, because this is an important project that can promote the internationalization of the RMB.

The reason why the United States can dominate the world is not only its strong military strength. If it only has strong military strength, Brother Xiong next door is a negative example. More important than military strength is monetary hegemony.

As the most mainstream currency in the world, the US dollar holds more than 60% of the foreign exchange reserves of countries around the world, and its global market share has reached 46.5%.

A currency recognized by all countries around the world also allows them to squander wealth unscrupulously.

Printing money when there is no money and letting the whole world pay for them is also the origin of modern inflation.

Even China is not immune, as last year it was announced that China held US dollar reserves of 3.2 trillion.

If the United States issues a total of 100 trillion U.S. dollars in currency, as long as they issue an additional 10 trillion U.S. dollars.

Then the US$3.2 trillion held by China will shrink by 10% for no reason.

Although the total price remains unchanged, the value decreases and the purchasing power decreases, which is devaluation.

If we want to break away from the hegemony of the US dollar, we can only strengthen our own currency and be recognized by the international community.

Silk Road,

It is also an important step to promote currency internationalization.

After all, China's development is too slow to keep up with the first echelon. Developed countries in Europe have long since fallen into the arms of the United States.

And the earth’s cake is so big. It’s not that they want to play with black people, but now only black people are left.

If Bank of China can participate, the stock issuance after the restructuring of Novartis and Merck will play an important role in promoting the nationalization of the RMB.

After all, the establishment time of these two companies is, strictly speaking, earlier than the founding of China.

Merck was founded 120 years ago.

Although Novartis was founded in 96, its predecessors were Geigy and Sandoz, very famous dye companies in the 18th century.

Hearing Lin Zitai's words, Boen frowned and kindly reminded: "If we only rely on Bank of China for issuance, it may fail."

It is no secret that the RMB wants to internationalize, but its foreign exchange market share is not even comparable to that of the Japanese yen.

According to data released by Swift last year, the US dollar ranked first with 46.5%, the euro second with 23.6%, and the British pound and the Japanese yen ranked third and fourth respectively.

The fifth place is the RMB, with a global market share of only 3.4%. It is basically only circulated within China and a very small number of countries.

If only Bank of China is allowed to issue it, Boen can guarantee that it will definitely end in failure.

"Actually, I think so too. Why don't I discuss it with President Sun first? What do you think?"

Lin Zitai smiled and said,

In any case, he must bring in Bank of China, otherwise no one on the board of directors can check and balance Vanguard.

As long as the Bank of China is brought in, the two companies will form checks and balances on each other, and he will have enough time to develop his own power.

"That's all we have to do."

Bowen's expression condensed. Steve's guess was correct. Lin Zitai was not that easy to get rid of.

Although the plan is a bit flawed, he is still confident that through the board of directors, Novartis and Merck will be firmly under control.

After ending the call with Bo En, Lin Zitai called Sun Zehai. As soon as the call was made, he regretted it.

Because I glanced at the time, it was around three in the morning. People in their fifties should have gone to bed early.

What surprised Lin Zitai was that the call was answered almost instantly.

Sun Zehai asked: "Xiao Lin, is something wrong?"

"I'm sorry, President Sun. I'm sorry to call you so late. I didn't disturb your rest, right?"

Sun Zehai burst out laughing: "It's so lively tonight, I can't sleep even if you let me sleep. I forgot to say congratulations to you."

"Actually, there's nothing to congratulate. The hard part is still to come."

Lin Zitai didn't want to take the initiative, because active and passive are two different treatments.

If he takes the initiative, he is asking for help; if he takes the initiative, he is asking for his cooperation.

He wanted Bank of China to owe someone a favor.

Sun Zehai asked: "How do you say this?"

"Actually, it's nothing, it's just the vanguard..."

Lin Zitai told Boenti's request, and he was still hesitating whether to accept it and let the other party contract these two businesses.

(End of this chapter)