Reborn as the youngest son of a chaebol, let's get to know his sister-in-law!

Chapter 133 Dongying is a dog raised by country M!

When such a bad thing happened, Chen Daojun didn't intend to hide it. On the way to Sumitomo Trading Company, he contacted Chen Yangzhe through Mr. Li and reported what happened here.

Because he has not fully investigated who it is at present, Chen Daojun is worried that he will startle the snake.

Therefore, he concealed the fact that members of the family harmed him.

Sure enough, after Chen Yangzhe heard what happened to Chen Daojun there, although he was angry, he still controlled his emotions and said: "You are not safe there anymore, you can go back to China now, it doesn't matter, the follow-up matters will be handled by Grandpa."

"No, I already have a solution. Now I just need to get your authorization, so that I can deal with the people in the office here at will, and you can send a sum of money from China."

Chen Yangzhe pondered for a moment, since there was a problem with the people in the office, it would be better for Chen Daojun to rectify it: "Yes, how much is enough for you?"

"Not much, 600 billion won is enough."

Chen Yangzhe was silent for a moment, as if he was weighing whether it was worth the 600 billion to poach people.

It is an indisputable fact that Shunyang Group started late in the development of the semiconductor industry and has a weak foundation.

Among them, senior talents in key technologies are the key to quickly shorten the gap. Thinking that he has already invested 6000 billion into the semiconductor industry, he gritted his teeth.

"Okay, I'll give you 600 billion, please be careful!"

"do not worry!"

After finishing the call with Chen Yangzhe, Jin Chengzhe looked at him with amazement.

600 billion won is not a small amount, it is enough to buy a small company.

Chen Daojun and Chen Yangzhe, one who dared to speak and the other who dared to agree, were not ordinary people.

He couldn't help asking: "Master, there are only 60 real technicians in the Sumitomo Corporation Semiconductor Company. Is it too much to use so much money to poach people?"

"Who said I was going to poach people?" Facing the speculation of his subordinates, Chen Daojun asked back.

Jin Chengzhe was stunned.

Soon, Chen Daojun came to Sumitomo Corporation.

Because they had already communicated with this side through the Shunyang Group, they did not encounter any obstacles, and they arrived at the office of Sumitomo Corporation Chairman Tomomi Akiyama very smoothly.

Three days ago, since Sumitomo Corporation announced a huge loss and fired Hamanaka Tainan, the price of copper fell from $24 per ton 2165 hours ago to a two-year low of $1860 per ton. The plunge was jaw-dropping.

After the incident, calculated according to the price at that time, the loss of Sumitomo Trading Co., Ltd. was about 19 billion US dollars.

In the 1995 fiscal year, Sumitomo's total global sales amounted to US$1468 billion.

But sales and cash flow are two different things. During this period, the business of many subsidiaries of the trading company has been greatly disrupted.

Originally excluding the cash flow from investing in copper futures, Sumitomo Corporation still has a contingency reserve of about US$6 million.

It's a pity that some of this money has been spent before, and the rest has been invested in shorting Sakata before.

Akiyama Tomi is currently in a state of desperation.

Binzhong Tainan's operations in copper futures, in fact, he is in a state of acquiescence, otherwise such a large transaction, no matter how stubborn Binzhong Tainan is, it is impossible for only one person to complete it.

Later, when the futures lost money, in desperation, he hinted that Binzhong Tainan would find a way to make money from the stock market to make up for the hole. As long as he made up for the loss, they would have the confidence to respond to media reports.

Who would have thought that a stock that was about to be delisted would be "squeezed".

After it was found out that Chen Daojun had intervened, he hadn't been caught yet, and Fu Qiushan was helpless.

Seeing that the timing is not good, the US Commodity Futures Commission initiated an investigation on the prohibition of futures manipulation in the "American Exchange Act".

After all, people in Dongying are not afraid of everything, but they are afraid of Daddy M's questioning!

In order to cope with the investigation, he can only throw Binzhong Tainan out as a scapegoat.

The house leak coincides with continuous rain, and the short sellers are scrambling to "cover" the sold stocks. However, in the current market, stock holders understand the truth that there are too many stocks, and they are reluctant to sell and hold them.

This caused the stock price to continue to soar, and the stock price they wanted to "recover" became more and more expensive. This was a vicious circle for him, who was already tight on cash flow.

Akiyama Fu, who had just been furious because the tea made by his subordinates was too hot, wanted to refuse the news of the Shunyang Group's visit.

But after thinking about it, he asked the secretary to let them in.

After tidying up his clothes, Akiyama Fu sat upright with a calm expression on his face, but the slight trembling of his fingers meant that his heart was not so peaceful.

Chen Daojun didn't expect to meet Akiyama Fu so smoothly.

It seems that the other party is in a more difficult situation than he imagined.

Thinking of this, Chen Daojun looked at the short old man in a suit and said with a smile, "Hi, it's the first time we meet. I'm Chen Daojun from Shunyang Group."

"It really surprised me, that guy Chen Yangzhe gave birth to a good grandson!"

"You are overrated!"

Looking at the calm and confident Chen Daojun, Qiu Shanfu intuitively felt the other party's bearing. He had to admit that although he was only an 18-year-old boy, he was already a very powerful person.

Pointing to the seat, motioned for them to sit down: "So. What are you doing here today?"

Chen Daojun sat on the sofa calmly, and when he heard Akiyama Fu's question, he looked around and said in a deep voice: "As the outside world said, Sumitomo Corporation is in an extremely dangerous situation. Come."

When he came, he weighed it in his heart, as a traditional chaebol, when he was not fully sure of crushing, he might as well take advantage of the situation to rip off.

"Hahahaha, young man, our business company is booming. It's nonsense to be in danger. What can you do?"

"No, Hamanaka Tainan alone has put Sumitomo Corporation in danger of being destroyed at any time. How can it be said to be thriving? That is a huge loss, isn't it? Don't rush to refute me!"

Chen Daojun continued: "If the situation is not very critical, why would you fire Binzhong Tainan before the Commodity Futures Commission initiates an investigation? Isn't this a way to shirk responsibility?"

"Nonsense, firing Binzhong Tainan is just a normal operation. This is Tokyo, not City H. Even if you are Chen Yangzhe's grandson, you can't be so unrestrained!" Akiyama Fu snorted coldly, and he didn't allow anyone to speak in front of him. Say something unfavorable to the company.

Chen Daojun didn't fear him at all, and said with a smile: "Do you know in your heart that I came here today for only one thing, which is to discuss a business with you, a win-win business!"

Akiyama Fujian couldn't scare him, so he glanced at him solemnly: "What kind of business do you want?"

"I know that the trading company has invested money in shorting, and Sakata's stock has been rising, and you should have lost a lot." Chen Daojun pointed to himself: "I have the stocks you can't buy here!"

Akiyama Fu opened his mouth, wanting to refute, but couldn't speak.

Since the other party said this kind of thing with full confidence, it is obvious that they have done a full investigation, and sophistry and other words are meaningless.

He knows how difficult it is to buy stocks in the market now, facing the olive branch Chen Daojun handed over, he was a little confused about the other party's way: "How much do you have?"

"As much as you want, as much as I have."

"You guy." Akiyama Fu narrowed his eyes. The other party obviously came prepared. As long as the position can be closed smoothly, the trading company can revitalize some funds. Survey of companies.

He tried his best to control his emotions: "What do you want?"

Chen Daojun folded his arms on the ground: "Our Shunyang Group is researching important issues of semiconductors in response to the recent market changes. I would like to invite Sumitomo semiconductor technology experts to organize a tour and exchange ideas by the way. Invite some people to come. It's okay! "

Akiyama Fu's face was uncertain, he didn't know, what kind of travel, he clearly wanted to poach people, and if he went there, he would be beaten by meat buns, and he would never return!

But the temptation of stocks is indeed too great. If it is just a few technicians, just send some low-end guys over there. Thinking of this, he said, "Yes, I will let the following arrange five people over there!"

"How can five be enough? We will send technical experts by name, at least more than one-third of the staff of Sumitomo Semiconductor."

Jin Chengzhe looked at him in surprise. On the way here, he remembered that Chen Daojun said that he didn't intend to poach people. Is this...?
Akiyama Fu's expression froze.

Although the efficiency of semiconductor companies is not good, the technical experts who have been cultivated after decades of hard work are all baby bumps, and they charge one-third of them at the first opening, which is simply taking advantage of the fire.

Seeing Chen Daojun's smiling face, Akiyama Fu hated his teeth. He said angrily, "One-third! Are you kidding me?"

"That's right, it would be even better if there were more than half!"

"It's absolutely impossible!" Akiyama Fu frowned, stubbornly saying that there was no room for negotiation.

Chen Daojun carefully discerned his expression, and after confirming the attitude of the other party, he stood up and paced.

Akiyama must be in great need of stocks, but given the current situation, Sumitomo Trading Co., Ltd. needs a lot of stocks, and other institutions that are like hungry wolves pounced on short-selling, and it is too late to attract funds. How can they free up stocks and sell them to him? Will you have trouble with the money in your pocket?

This guy in front of him is indeed the head of the chaebol. In such a precarious situation, he can still insist on not letting go of the technicians.

He raised a question: "If you can't get the stock in my hand, at the current rising speed of Sakata, you will have to increase the cost of 'covering' by more than 15% every day, is it really okay?"

"That has nothing to do with you. I can consider any other conditions you put forward, but this is not acceptable!" Akiyama Fu stared and replied coldly.

"Oh, then we have nothing to talk about, let's go!"

After Chen Daojun finished speaking, he turned and walked out, and Jin Chengzhe quickly followed behind.

When Qiu Shanfu found that Chen Daojun was walking to the door, he turned around again.

Akiyama Fu sneered disdainfully: "Young man, business cooperation must be patient, if you want to talk about cooperation, just talk about it."

He thought that the other party was just trying to put pressure on him, and then continued to raise conditions.

Chen Daojun said meaningfully: "No, my patience is exhausted. Next time, it won't be today's price."

After Chen Daojun left, Akiyama stood by the window for a long time, frowning, thinking for a long time.

He called his subordinates: "Binzhong Tainan, this guy, I can't stay anymore, find a way to get rid of him immediately!"

"Hi!"

The next day, New York, Manhattan, Wall Street.

In the towering office building, Tiger Fund manager Robertson warmly welcomed Chen Daojun and his party.

"Chen, my old friend, have you encountered financial difficulties recently?"

Chen Daojun did not expect that after Robertson met him and exchanged pleasantries, this was the first sentence that he asked seriously.

He touched his nose in embarrassment: "Before, I was a little nervous about investing, but now it's completely fine."

"That's good, as long as you have money. But, why do you want to come to the fund company? Isn't it better to go to the hotel and chat while we eat?"

Robertson breathed a sigh of relief. Recently, many of his customers have redeemed a lot of funds. He was afraid that Chen Daojun, a big customer, would have problems with his funds.

Chen Daojun explained briefly, and claimed that he might add several hundred million more funds to continue to put him here in the near future, and Robertson smiled happily.

After all, the greater the amount of funds controlled by his fund, the stronger the ability to resist risks in investment.

"Chen, I recently bought a new yacht. Tomorrow night I will organize a yacht party. There are many activities."

Seeing Robertson winking, Chen Daojun can imagine how happy he has been in the past few years.

But Chen Daojun came all the way here for a big event.

In Dongying, Chen Daojun was fighting away, facing Sumitomo who was a local snake, he seemed a little powerless.

Since the other party didn't play cards according to the routine, Chen Daojun didn't interrupt him.

Isn't Dongying a dog raised by country M?
That being the case, then find its owner to deal with it severely.

Chen Daojun asked in a deep voice: "You are a fund, you must have a good network on Wall Street, I want to meet some people."

Robertson nodded: "You are asking the right person. In Wall Street, you can't imagine how many people are doing financial management here. Dealing with customers and maintaining relationships is one of our important tasks. Whose line do you want to hook up with? "

"Do you know the high-level executives of the Commodity Futures Commission of Country M? You should have a good relationship!"

"Yes, what are you going to do? Could it be that you have committed a crime?" Robertson looked vigilant. As a middleman, he had to consider the probability of the success of the matter Chen Daojun entrusted. Do.

Chen Daojun didn't hide it either: "I heard that they are investigating the Sumitomo Corporation's case of manipulating copper futures. I would like the high-level person in charge of this case to do me a favor. If you can help, if I need a donation or something, I can do it." On the day you finish it, I will give you double rewards immediately!"

Robertson thought for a while, then smiled and said, "I mean, do you want to say hello to Sumitomo and settle this matter secretly? This case has made a lot of noise, and it's hard to avoid the eyes and ears of the public!"

"No! I want to make this case a solid case and severely punish the Sumitomo Group."

"This is a certain difficulty. After all, we are facing Sumitomo Corporation. You know, they will also send people to lobby."

Chen Daojun smiled slightly, this guy, when did he learn the habits of foreign countries.

"I believe you must have a solution. It is not convenient for me, including my family, to come forward. I will leave this matter to you!"

"Let me think about it, this matter should not be finished in a hurry today!"

"Just do your best, and tell me if you have any requirements!" Chen Daojun stared at Robertson: "I believe in you!"

Two days later, when Chen Daojun's chartered plane landed at Tokyo Airport, the London copper futures incident was completely exposed.

At the Los Angeles Financial Summit, Tarbert, chairman of the US Commodity Futures Trading Commission (CFTC), publicly stated in an interview with the media.

He has always hoped to see a normal and orderly financial order in the futures market, but it often backfires. Sumitomo Corporation has violated the "American Exchange Act" in relation to the prohibition of manipulation, and must compensate all ordinary investors for the losses caused. The amount of compensation is as follows: Possibly over $5 million!
The global financial industry was in an uproar. If the fine imposed on Sumitomo Corporation is true, this is the largest civil fine imposed by the government of country M.

The ensuing panic selling of copper futures further expanded Sumitomo Corporation's long position loss to US$40 billion.

For a time, the credit rating of Sumitomo Corporation fell sharply, and it was in jeopardy.

(End of this chapter)