I have a debt of 3 trillion, and my creditors are begging me not to die.

Chapter 117: Destroying Yang Chen’s plan, Yang Chen shorted Penguin Holdings

Yang Chen called Chen Chao and instructed, “Ah Chao, work overtime tonight to pay attention to the specific situation of Adi Drags being shorted, and report to me tomorrow morning.”

Chen Chao quickly replied: "Okay, Director Yang."

Yang Chen hung up the phone, and took Lu Mei home to have fun.

On the other hand, Huang Zhenhua reported Yang Chen’s proposal of “144-hour transit visa-free” to his superiors, who also attached great importance to it and quickly continued to report and wait for instructions.

Yang Chen's talk of football and basketball "diplomacy" had little appeal to the leaders, but what he said about letting foreigners come and see what the real Dragon Country looks like did make the leaders excited.

Long Guo has been keeping a low profile for so many years, and foreign media have been spreading rumors and slandering him. Every time he explains at a diplomatic press conference or at a UN meeting, it seems to have little effect.

If the 144-hour transit visa exemption can attract a large number of foreign tourists to come and see the real Dragon Country, it will indeed be more useful than any other explanation.

After some discussion, the leaders finally approved Yang Chen's proposal.

At this time, Yang Chen was playing hide-and-seek in the swimming pool when Huang Zhenhua called.

"Haha... Mr. Yang, good news, good news. The leaders discussed it and decided to adopt your suggestion and take advantage of your basketball and football games to open 144 transit visa-free access to bald eagles and some European countries. If the effect is good, we will expand the scope to let more foreigners see how beautifully our country is built. Haha..." Huang Zhenhua said excitedly.

Yang Chen smiled and said, "Great! In the past few decades, our rich people have been sending money to foreigners to spend. Now it's finally our turn to make money from foreign rich people. How's the stadium going? Have you started it?"

Huang Zhenhua replied: "Wang Wenkang is in charge personally. He has already contacted the city construction department to conduct an on-site inspection. Once the renovation and expansion plan is determined, it will be completed within a week. It will definitely not delay your work."

Yang Chen said with satisfaction: "Okay! Then I'll wait for your good news."

After hanging up the phone, Yang Chen continued to get into Lu Mei's arms, playing until he had no more strength left.

Yang Chen returned to the bedroom and called Nike's president, Travis Nike.

"Hey, Mr. Nike, I want the NBA to send three teams to play preseason games with my basketball team. Can you help me arrange it?" Yang Chen said straight to the point.

Travis Nike immediately said: "Mr. Yang, we are just a sponsor and have no right to interfere with the NBA's event arrangements. I'm really sorry, I can't help you arrange it."

Yang Chen sneered, and said, "Oh, I heard that many institutions on Wall Street have teamed up to short Adidas. I can't stand them bullying others like this, so I want to short Nike to help Adidas vent their anger. Do you think it's okay?"

Travis Nike immediately asked: “What did Mr. Yang say last time?”

"I said I wanted to short Nike to vent my anger on Adidas." Yang Chen replied.

Travis Nike said: "Not this one, the previous one."

"I asked you to communicate with the NBA and arrange for three teams to come and play preseason games with my team." Yang Chen said.

Travis Nike immediately said, "No problem! Mr. Yang, we are partners, I will definitely do my best to help with such a small matter."

This guy knows his stuff.

Yang Chen smiled and said, “Well said, then I won’t short Nike anymore.”

Travis Nike smiled awkwardly and said, "But I'm afraid it's not possible to rely on us alone. Mr. Yang had better find a few more families."

Yang Chen smiled and said, "Okay, then I'll find a few more. Hang up."

Yang Chen hung up the phone and called Jordan again.

"Hey, Boss Qiao, please help me communicate with the NBA and ask them to arrange three teams to come and play preseason games with my team. I have already communicated with Nike, and it's okay on your side, right?" Yang Chen said straight to the point.

Michael Jordan immediately replied with a smile: "That's definitely no problem. Mr. Yang called personally. For such a small matter, I will definitely do it."

Boss Qiao was more sensible and agreed without any resistance.

Afterwards, Yang Chen called the brand managers of Mengniu, Kangshuafu, Adidas and others, asking them to communicate with the NBA together.

But there was one company that refused to cooperate, and that was the Dragon Internet giant Penguin.

Penguin is the NBA's broadcaster in Longguo, and it has a lot of say. If Penguin does not broadcast NBA games, NBA games will be completely unwatchable in Longguo.

Penguin Sports President Liu Hong proposed a condition that Yang Chen could not agree to. The games between Sihai team and NBA teams must be fully organized by Penguin Sports. Penguin Sports would get 6% of the ticket revenue, broadcast revenue, sponsorship fee revenue, etc., and Sihai Sports and other partners would get the remaining 4%.

With Yang Chen's personality and style of doing things, how could he accept such conditions? He could only allow Penguin Sports to broadcast the game and advertise for Penguin Sports on the sidelines and floor of the competition venue. This was Yang Chen's biggest concession.

But Liu Hong was unwilling to do so. He demanded that Yang Chen must accept his conditions, otherwise he would not communicate with the NBA.

Liu Hong even said that Penguin Sports would try to invite the NBA to send a team to Longguo to play preseason games, but would definitely not play against the Sihai team.

In the final analysis, it was all caused by money. Yang Chen was unwilling to make wedding dresses for others. Penguin Sports, as the largest partner of NBA in Longguo, was also unwilling to watch Yang Chen make money through NBA while they could not even touch a hair.

Yang Chen got angry and warned, “Don’t think that just because Penguin is a company from Dragon Country and an Internet giant, I won’t dare to touch you. You’d better ask Brother Xiao Ma for instructions, and don’t come to me crying and begging for forgiveness again.”

Liu Hong smiled and said, "Boss Yang, don't scare me. Business is business, who doesn't want to make money? If I do this and get punished by the group, I will quit. This kind of company is not worth my efforts. I have to thank Boss Yang for helping me see the true face of the company."

"Okay, I will definitely give you a chance to let you see the true face of the company." Yang Chen said coldly, and then hung up the phone.

Liu Hong is really not a good person. He immediately called NBA Commissioner Adam Silver.

"Hello, Mr. Xiao Hua, are there many sponsors asking you to send three teams to Longguo to play against the Sihai team?" Liu Hong asked straight to the point.

Xiao Hua replied truthfully: "Yes. Do you also ask me to send a team to play against the Sihai team?"

Liu Hong laughed and said, "No! I ask you not to send a team to play against the Sihai team, but you can send a team to Longguo to play in the preseason. We at Penguin Sports will arrange everything."

Silver is a pure businessman. All the reforms he has made since he took over the NBA have been aimed at making money, to the extent that NBA games have lost the fairness and authenticity of sports competition.

Such a businessman could instantly grasp the key information from Liu Hong's words. He smiled and said, "You want to take the proceeds of the competition away from Yang Chen, right?"

Liu Hong laughed and said, "If the NBA is going to play preseason games in Longguo, we, Penguin Sports, as the NBA's largest partner in Longguo, should get the most revenue. Why should Sihai Sports make all the money? As long as Mr. Xiao Hua agrees, we will renew the contract after it expires, and we can increase the price appropriately. At present, we are the only one in Longguo who has the strength to be the NBA broadcaster. I hope Mr. Xiao Hua can pay attention to the ideas of our partners."

Silver said in embarrassment: "I understand what Mr. Liu means, but I have to take care of other sponsors as well. Especially Nike, Adidas, and AJ. Most of our star players have signed shoe contracts with these three companies. If I don't agree to their demands, and they order the stars who have signed endorsement contracts to be passive or even go on strike, how can I respond?"

Liu Hong laughed and said, "Who dares to do this? Just fine them. Are you afraid that you can't discipline the players? Besides, isn't it embarrassing for an NBA team to play against a newly formed amateur team? Have you ever thought about how fans from other countries will laugh at NAB?"

These words made Silver panic. It was really too cheap for an NBA team to play against the newly formed Sihai Basketball Team. This would make fans all over the world laugh at them.

Xiao Hua was silent for a while, then said: "I think Mr. Liu's suggestion makes a lot of sense. I have to communicate with other sponsors. Let's stop here and hang up."

After hanging up the phone, Liu Hong smiled happily.

"Little guy, can you win if you compete with me?" Liu Hong said to himself proudly.

Yang Chen was almost asleep when the president of Nike called.

"Hey, Mr. Yang, I'm very sorry. I had a fight with Silver, and he was unwilling to send the NAB team to play against the Sihai team. He felt that sending a team to play against the newly formed Sihai team would seriously lower the level of the NBA, and fans from other countries might give up watching NBA games. They can't afford such a loss. I really tried my best, don't blame me, Mr. Yang." Travis Nike said very carefully.

Yang Chen smiled and said, "Okay, I get it. Don't be nervous, I don't necessarily have to short your company. Who is the biggest broadcaster of the NBA?"

Travis Nike quickly replied: "It's TNT and ESPN. TNT belongs to Time Warner Group, which was just acquired by AT&T Group. ESPN belongs to Disney Group. Mr. Yang shorted them, but he can't short us anymore."

It can be seen that Travis Nike is really afraid that Yang Chen will short Nike again, so he directly told Yang Chen which company to short. It is better for me to die than for my friend to die.

Yang Chen smiled and said, "Okay, I understand. Hang up, I'm going to sleep."

Travis Nike quickly said, "Okay, okay. Good night, Mr. Yang."

As soon as Yang Chen hung up the phone, Boss Qiao called.

"Mr. Yang, I'm very sorry. Silver is unwilling to send the NBA team to play against the Sihai team. I really tried my best. I hope Mr. Yang will not short my company for the sake of our cooperation. If you want to short, short the company of the NBA team owner, as well as other sponsors, broadcasters, etc. As long as the financial sponsors come forward, Silver will definitely compromise." Boss Joe said.

Boss Joe is even more ruthless than Nike. He wants to sacrifice the NBA owners to protect himself.

Yang Chen smiled and comforted, “Boss Qiao, you’ve worked hard. Don’t worry, I won’t make things difficult for your company. I’m going to sleep now. I’m hanging up now.”

In order to avoid being woken up by calls from other sponsors, Yang Chen simply turned off his phone and went to sleep.

At eight o'clock in the morning, the National Immigration Administration and other departments issued an announcement to implement a 144-hour transit visa-free policy for some countries and regions in the three cities of Jiangcheng, Hecheng, and Haicheng, and also listed the countries and regions applicable to this policy, mainly the Bald Eagle and some developed countries in Europe.

Once this policy comes out, fans in Europe will no longer be troubled by visa issues.

Netizens gathered together to watch the fun.

"Jiangcheng, Hecheng, Haicheng, the applicable countries and regions are Bald Eagle and developed European countries. This is obviously giving the green light to the Sihai team to compete with European clubs."

"Boss Yang is so powerful, the country is helping him." "Oh my god, even the basic national policy has been changed to take care of Boss Yang's football game."

"I just realized that the 3 trillion yuan debt is not a burden at all, but a benefit. Damn, why doesn't Wang Sihai ask me to take the blame? If I were in debt of 3 trillion yuan, everyone would have to comfort me like this."

……

The country has given such strong support, Yang Chen must do what he said and send three NBA teams to play against the Sihai team. Otherwise, wouldn’t he be breaking his promise to the country?
At nine o'clock, Yang Chen arrived at the Sihai Investment Department.

Chen Chao immediately reported to Yang Chen about the short selling of Adidas. According to the intelligence obtained, Wall Street had shorted Adidas' stock worth 30 billion Eagle Dollars, including short options and securities lending.

Adidas' closing price yesterday was 53.56 Eagle coins. In total, the Wall Street Alliance shorted 5600 million shares of Adidas.

Adidas has a total share capital of 3.5 million shares, and approximately 16% of its shares were shorted.

This ratio is quite large, no wonder Adidas president Hebner is so frightened.

The Wall Street Alliance has very good reasons to short Adidas.

阿迪吊斯即将公布的三季度销售额同比增长11%至64.08亿欧币，但毛利率下滑至49.1%，营业利润率缩水至8.8%，净利润更是同比大跌62.6%至1.79亿欧币。

Just looking at the data, Adidas has earned at least 1.79 million euros. Isn't this a good performance?
But everyone who plays the stock market knows that stock trading is all about expectations. The market expected Adidas' sales and net profit to grow by about 10%. However, sales increased by 11%, but net profit plummeted by 62.6% year-on-year, which was seriously below market expectations. In this situation, the stock price would definitely fall in the stock market.

This is also the reason why Adidas President Hebner asked Yang Chen for help, because he knew that Adidas' stock price would definitely fall, and with the instigation of the Wall Street Alliance, the stock price would fall even more sharply.

However, these problems are problems in the eyes of others, but in Yang Chen's eyes they are not problems at all.

"The performance was lower than expected, coupled with the short selling by the Wall Street alliance, Adidas is really doomed this time and will definitely be harvested once." Chen Chao said.

Yang Chen smiled and said: "They want to reap the benefits, but I won't let them succeed. The funds received from the wealth management products will be transferred to the five major banks. I want each of them to prepare 6 million Eagle Coins for me."

The Wall Street Alliance shorted 30 billion Eagle Coins, so Yang Chen bought 30 billion Eagle Coins.

Chen Chao quickly did as he was told and immediately transferred money to the five major banks to exchange Eagle Currency and deposit it into his foreign exchange account.

The five major banks position Yang Chen and Sihai Investment as the only supreme VIPs, and Yang Chen and Sihai Investment’s business will be given priority at all times.

Half an hour later, all the foreign exchange from the five major banks arrived.

Now we just have to wait for the Bald Eagle stock market to open in the evening before we make the move.

At this moment, Penguin Sports President Liu Hong called Yang Chen.

"Hey, Mr. Yang, what do you say now? Do you want to accept my conditions? It's already very good to let you share 4% of the profits with other partners. It would be great if everyone can cooperate and win together. There is no need to make things unhappy or even become enemies." Liu Hong said proudly.

Yang Chen smiled and asked, "Did you call me on purpose to show off?"

Liu Hong said without hesitation: "Even if it is. I just want to make Director Yang understand one thing. Penguin Sports is the NBA's largest partner in Longguo. We have enough strength to demand how the NBA does things."

Yang Chen smiled and said, "Okay! Then let's see whose orders the NBA will follow in the end."

Liu Hong asked again: "Why, it sounds like you really want to fight with our Penguin Group? Why bother? No matter how powerful your Sihai Group is, our Penguin Group will not be afraid of you. The shareholders of Penguin Group are very complex, and there are many retail investors. I don't believe you dare to short our company's stock price."

Yang Chen chuckled, then hung up the phone.

Yang Chen doesn't care who the shareholders of Penguin are. As long as the short selling mechanism of margin trading is opened for Penguin's stock, he can short sell it according to the law, and no matter who comes to him, it will be useless.

Yang Chen said to Chen Chao: "How much money is left in our Xiangjiang Stock Market account?"

Chen Chao quickly checked and finally calculated the total amount to be 85 billion Xiangbi.

Yang Chen nodded, and said: "Open the Penguin Holdings market and take a look."

Chen Chao immediately did as he was told and opened the Penguin Holdings market.

If we say that Penguin Sports President Liu Hong did not give Yang Chen face, he had his reasons.

As an Internet giant in Dragon Country, Penguin's market value has reached an exaggerated 4.1 trillion Hong Kong dollars. Yes, 4.1 trillion Hong Kong dollars.

Penguin Holdings has a total share capital of 92.67 billion shares and a current share price of 450 Hong Kong coins.

There are only 85 billion Xiangbi in Sihai Investment's account. Whether buying or selling, this amount of money is unlikely to have a significant impact on the 4.1 trillion market value.

Yang Chen smiled and said, "The stock price is really high, 450 Xiangbi per share, um, not bad, there is a lot of room for decline. Ah Chao, contact the brokerage firm, 85 billion plus 5 times leverage to short the share price of Penguin Holdings."

Chen Chao was frightened by Yang Chen's order. This was the first time Yang Chen used leverage to operate stocks.

Chen Chao said quickly: "Mr. Yang, I think I still have to fulfill my responsibility to introduce Penguin Holdings to you. Its stock price has risen to 450 Hong Kong dollars not because of institutional speculation, but because of its performance. Its just released third-quarter financial report shows that its revenue is 1671.93 billion, an increase of 8.13% year-on-year. Net profit is 532.3 billion, a year-on-year increase of 47.12%. No matter which stock market this performance is placed in, its stock price will definitely soar. We are forcing short selling with 5 times leverage at this time, but we have to go against all institutions and retail investors. The short selling market value of 420 billion is still not worth mentioning compared to the total market value of 4.1 trillion."

To sum up Chen Chao’s words in one sentence, it is unlikely that short selling will be successful.

Yang Chen smiled and said: "I don't care about the performance, as long as I want to short sell, I must short sell. Do as I say, 85 billion plus 5 times leverage to short sell."

Chen Chao nodded immediately and said, "Understood! All four groups will start at the same time, and the funds in the account will be leveraged 4 times to short Penguin Holdings! Start working immediately!"

Penguin Holdings' performance is so impressive that almost everyone is bullish, and brokerage firms hold a lot of Penguin Holdings' shares.

Therefore, it is easy for Sihai Investment to short sell with 5x leverage.

"Mr. Yang, the operation is completed. After deducting the handling fees, the total short sale market value is 415 billion, with an average price of 448.5 Xiangbi, totaling about 9253 million shares." Chen Chao reported.

Yang Chen nodded and said, "Well done! You guys keep busy, I'm going back to the office."

Chen Chao nodded and said, "Director Yang, take care."

After Yang Chen left, the traders started discussing.

"Manager Chen, how does Director Yang plan to short sell successfully this time?"

"Yes, it turns out that he didn't rely on luck to invest in stocks, but on his ability. But I really can't figure out how to suppress the share price of Penguin Holdings, which has a net profit of more than 500 billion."

"Besides, this is the first time that Director Yang has leveraged to short sell. I don't know who in the Penguin Group he has a grudge against that made him so determined to short sell."

……

Chen Chao was silent for a few seconds, then said: "Everyone stop guessing, I can't guess it either. But this is normal. If we can all guess how Director Yang will operate to successfully short Penguin Holdings, then we can all become as powerful as Director Yang. Keep an eye on the market quotes and market dynamics, and report to me immediately if there is any movement!"

The traders nodded and quickly looked at the Penguin Holdings' quotation and related news.

Office of the Chairman of Penguin Group.

Xiao Ma Ge was happily looking at the work reports of various business departments when his secretary rushed in.

"Mr. Ma, this is bad. Our company's stock price has been shorted." The secretary said hurriedly.

Xiao Ma immediately asked, "What? Who is shorting our stock price at this time? You are so brave."

The secretary replied, "We don't know who it is yet, but I have already asked Hong Kong and will have results soon."

Xiao Ma Ge quickly opened the quotation of the company he controlled and saw that the stock price had risen by 2% in the morning, but now it has fallen by 2%.

It seems that there is only a 4% fluctuation, but for a market value of 4 trillion, a 4% fluctuation means 1600 billion.

"Who is it? Is the method so sharp? It wiped out 1600 billion market value in one go." Xiao Ma said temptingly, and then his eyes suddenly lit up and he said, "Could it be him?"

The secretary quickly asked, "Mr. Ma, who are you talking about?"

Xiao Ma replied with a serious face: "The one who is the most popular recently, his short selling success rate is 100%, it might be him who did it!"

The secretary asked back, "No way? We have no grudges against him, how dare he short us?"

As soon as he finished speaking, someone in Hong Kong sent a reply to the secretary.

"I found out that Sihai Investment took out more than 80 billion and increased the leverage 5 times to short Penguin Holdings!"

The secretary looked at the news in surprise. It turned out that Mr. Ma had guessed it right.

Seeing the secretary was stunned, Xiao Ma immediately asked, "Is there any news? Who is shorting our stock?"

(End of this chapter)