Chapter 83: Huge Profits from the Short-Selling Operation

Aside from the stockholders who suffered the greatest losses.

A large number of employees from the three major traditional automobile companies were laid off, and some upstream and downstream related enterprises also faced desperate situations, choosing to declare bankruptcy or lay off staff.

One must know that in Sakura Country, as many as five million people are engaged in industries directly related to automobiles, most of whom are in the internal combustion engine vehicle industrial chain.

Now.

The three major automobile companies decisively and firmly abandoned the internal combustion engine vehicle industrial chain, which not only caused huge losses to the companies themselves but also caused a massive negative impact on the entire Sakura Country, with many people and enterprises suffering enormous losses as a result.

Under these circumstances, the Sakura Country authorities could only urgently order people to negotiate with the major automobile companies, using various measures to try their best to save them.

As for the large number of stockholders and laid-off workers affected by this storm, they could only be pacified as much as possible, and then... the news suppressed.

To minimize further negative impact.

For a time, dark currents surged within Sakura Country; in many corners unseen by others, tragedy after tragedy occurred, along with the small disturbances caused by these tragedies.

Sakura Country can be considered the nation most affected by the storm stirred up by Thor Battery.

Next is Kimchi, which is also small in area and similarly relies on the automobile industry as its pillar.

There are also Romantic Country, Beer Country, Yingjiang Country, and other major Western nations, but their automobile industry share is not as exaggerated as Sakura Country's, so the impact received is relatively smaller.

A terrifying storm triggered by Thor Battery gradually displayed its unstoppable, horrific power on a global scale.

As for Long Country.

Although many internal combustion engine vehicle companies and related industries also suffered serious damage in this storm.

After all, Long Country exerted effort in the new energy track relatively early, and its emphasis and investment in new energy vehicles are at the forefront globally.

Therefore.

When Thor Battery emerged and most people firmly believed that the future automobile industry would be dominated by new energy, many people instead began to favor the several major new energy vehicle companies of Long Country.

Especially the automobile companies led by Goyadi and the three major new energy forces of Long Country, which were sought after by a large amount of domestic and foreign capital; their stock prices did not fall, but instead rose repeatedly.

Therefore.

Looking at the general environment of Long Country's automobile industry, this storm stirred up by Thor Battery did not cause too much negative impact.

The morning three days later.

Zhen Wu Ge, inside a VIP training room.

On the ring in the center, three figures were entangled together, the sound of fists and feet colliding ringing out incessantly.

At this moment, Xiang Lianyun walked over quickly holding a ringing mobile phone and said:

"Boss, President Luan is calling."

Hearing this, the two figures immediately exited the combat circle, and one of the burly men with a crew cut said politely: "President Su, then we will head out first."

Bowing slightly, the two exited the room.

Su Xin stepped off the ring, took the mobile phone from Xiang Lianyun's hand, and with his other hand took a towel, wiping the bead-sized sweat from his body.

After Xiang Lianyun also retreated, he then casually instructed:

"Connect it."

After the call was connected, Luan Weiliang on the other end reported: "Boss, after the stock prices of the three major automobile companies cumulatively fell to 50% yesterday, they fell again today, leaving only 42% of the initial stock price. I estimate there won't be much room for further decline. Boss, we cannot wait any longer."

Su Xin knew that returning the borrowed shares required purchasing a large amount of stock, and such an operation might cause the stock price to rise.

Therefore, it is best to buy while the stock price still has a clear downward trend; one cannot wait for the expected lowest point of the stock price.

"Good, then start purchasing the shares. Return the shares by tomorrow at the latest; it will be just in time to transfer the funds back before the high-level forum is held."

"Understood!"

Luan Weiliang responded excitedly.

Although the time spent laying out in Sakura Country was not very long, such a large-scale short-selling and such huge profits were something he had never experienced in his twenty-plus years of professional career.

Being able to lead such a short-selling transaction was an experience he would find hard to forget for the rest of his life.

After hanging up the phone.

Luan Weiliang ordered the start of purchasing the shares of the three major automobile companies, sweeping from the lowest price, and stopped after buying 100,000 shares in a row.

In the stock market, many stockholders were already in despair; seeing that even at the lowest listed prices they basically could not sell, the stocks they held had almost become a pile of useless numbers.

But now, suddenly seeing someone start to sweep up stocks below a certain price, this immediately stirred the madness of many desperate people.

One order after another of low-priced stocks was listed, and Luan Weiliang immediately ordered people to buy them.

But after buying the stocks below this price, he did not touch any of the remaining stocks, almost clearly telling all stockholders—

I am willing to acquire a large amount of the three major automobile companies' stocks, but only below this price.

Under this clear indication, although some felt that the three major automobile companies' stocks still had room for a rebound, more people just wanted to cash out and leave as soon as possible.

Consequently, more and more low-priced stocks were listed and continuously traded on the stock market.

This series of transactions actually temporarily halted the downward trend of the three major automobile companies' stock prices.

"Alright, stop trading."

Seeing this scene, Luan Weiliang instructed.

He knew that the small amount of funds in his hands could not possibly save the stock prices of the three major automobile companies, otherwise the Sakura Country authorities would have already stepped in to save the situation.

Now that the stocks stopped falling, it was merely because of the large volume of transactions, which gave many people a wait-and-see attitude, causing a temporary trend of improvement.

Once the market closed, after the impact of various negative news, everyone would still hold a quite pessimistic view of the three major automobile companies.

Therefore, he only needed to use a bottom-line price he had calculated as a reference.

If it was higher, he would wait and see.

If it was lower, he would buy.

There was no need to consider too much at all.

Such large-scale acquisitions continued until the afternoon of the next day.

After Luan Weiliang bought enough shares of the three major car companies, he returned all the shares to the brokerage firm as promised.

After deducting interest and commissions, the remaining funds were converted into Long Coin and transferred in full to the overseas account of Tianqi Technology, with the amount reaching as high as 21.3 billion!

Compared to the initial principal of 3.1 billion, it had increased by nearly seven times!

The entire short-selling operation netted a profit of 18.2 billion!

You must know, from the start of the securities lending to the completion of the share return today, their entire trading process took less than a month!

Yet the profit margin was close to six hundred percent!

And this was under the condition of such a massive capital base.

Such an exaggerated profit margin, such an exaggerated money-making efficiency—if this were to spread, it would likely make many people's scalps tingle in shock.

Taking a deep breath, Luan Weiliang managed to calm down and reported the final earnings to Su Xin.

Hearing this number, Su Xin could not help but feel excited, and he laughed:

"Good, transfer this money back to the domestic account as soon as possible. Once this matter is finished, I will give you all a month of paid leave to have a good rest."

"Understood, then many thanks, Boss."

Luan Weiliang also smiled.

During this period, the few of them in Sakura Country had been watching the stock market at high intensity almost every day and operating with high frequency; they were indeed physically and mentally exhausted.