Hong Kong film: Building a tycoon, starting with summoning Deadpool.

"From today onwards, the mortgage contract between the two Li brothers has been converted into a sale contract."

"Because they can no longer afford to pay back the money."

When asked by the president of Farshad, Ni Yongjun laughed and replied, "No."

Chapter 204 The Reason for the Stock Market Crash Has Been Found

"Really?"

"Are neither of the Li brothers able to repay the money?"

"Does that mean Samsung will belong to us?"

Upon hearing this, Miracle CEO Farshad asked Ni Yongjun in an incredulous tone.

"Definitely."

"Not only Samsung belongs to me, but South Korea also belongs to me."

"Because South Korea has such a small land area, development can only rely on conglomerates."

"And Samsung is the number one conglomerate in South Korea, and Samsung belongs to me."

Hearing the incredulous tone in the voice of the Farshad president, Ni Yongjun laughed heartily and said...

"But today's drop is unlikely to force the Li family into a situation where they have no money to repay."

"If it drops another 180, there might be hope."

After hearing Ni Yongjun's wonderful words, Miracle President Farshad said with concern.

Although he certainly believed his master Ni Yongjun's words, a 20% drop could only make ordinary chaebols submit, but it would be very difficult to make the number one chaebol in South Korea submit.

If it were that easy, Samsung wouldn't be South Korea's number one conglomerate.

So 20% won't work. It might be necessary to wait for a sharp drop before the Li family can repay their debts.

"rest assured."

“If I say it out loud, then the Li family will definitely not be able to pay back the money.”

"If we don't leave today, we won't be able to escape tomorrow."

(acfe) Upon hearing the concerns of the Farshad president, Ni Yongjun happily explained.

"really?"

"If that's true, then the miracle will belong to Samsung."

When Miracle CEO Farshad heard that this was indeed possible, he excitedly asked Ni Yongjun.

"Haha."

"of course it's true."

We'll know tonight.

Ni Yongjun said affirmatively to Miracle President Farshad.

.....

At 9 p.m., just before the U.S. stock market opened, a piece of news suddenly broke.

The United States imposed antitrust sanctions on Microsoft, demanding that it be broken up into two separate companies to correct its anti-competitive practices.

As the news spread, the U.S. stock market futures index began to plummet.

When the market opened, Microsoft's stock price plummeted by 30%, dragging down the entire internet stock market.

Because if Microsoft loses its monopoly and splits into two independent companies, its valuation will be greatly reduced.

Therefore, when this valuation problem is applied to other stocks, it becomes clear that the valuation of other stocks is difficult to calculate.

After discovering this, stock commentators began to short internet stocks.

Furthermore, there is a consensus that internet stocks have no value whatsoever because they lack tangible assets.

A single website cannot support this stock price.

When there are many such negative stock market commentaries, it will affect ordinary stock investors, so these ordinary stock investors will sell the stocks they hold.

The U.S. stock market, which had already fallen by 5%, was dragged down by this force and fell again to 15%.

The U.S. stock market suddenly resembled the Korean stock market, both experiencing a sharp drop of 20%.

Moreover, there was no rebound at all; the price plummeted, leaving no one with a chance to escape.

Those ordinary investors who followed the trend and sold off managed to escape, but they did so at a significant loss.

Because the buying volume is small, it cannot support so many selling orders.

Moreover, internet stocks tend to experience sharp corrections due to their previous large gains.

While Microsoft only fell by 30%, other internet stocks fell by as much as 50%.

Meanwhile, Amazon, a stock comparable to NdNetworks, fell by 60%.

The stock market commentators' reasons for being bearish are unnecessary; is a small bookstore really worth such a high valuation?

So when these stock reviews came out, those who followed the trend sold off their Amazon shares.

Chapter 205 The trader absconds, Vice President Li Yongji is furious.

"How to do?"

Will the sharp drop in the US stock market affect the South Korean stock market?

When Samsung Vice Chairman Lee Young-ki heard the news of the sharp drop in the US stock market, he fearfully called the stockbroker.

"Young Master, it will definitely have an impact."

"And our stock market will fall even more than theirs."

"I wish I'd known they were having a clearance sale today."

"I should listen to you, young master."

After witnessing the sharp decline in the U.S. stock market, the trader said regretfully to Samsung Vice Chairman Lee Young-ki.

"Will it drop again tomorrow?"

"Does this mean I'll continue to lose money?"

"You know, I lost 300 billion yesterday. If I keep losing, I'm afraid I won't have the money to pay back Miracle Company."

"If they don't pay back the money by then, the shares of Samsung Logistics and Samsung C&T will be transferred and sold to Miracle Corporation."

"Then wouldn't I be the Li family's enemy?"

Upon hearing what the trader said, Samsung Vice Chairman Lee Young-ki hurriedly asked the trader for clarification.

"I'm sorry, young master."

"The market will definitely crash tomorrow, so it's very likely we'll lose another 300 billion."

"And there's no other way but to clear out the stock."

Upon hearing Samsung Vice Chairman Lee Young-ki say this, the trader wept and said to Lee Young-ki.

"We must not sell out our stock, we absolutely must not sell out our stock."

"There's absolutely no hope of clearing out the stock."

"You said there would be a rebound."

"Moreover, given how much it has fallen, why hasn't it rebounded? This doesn't conform to the rules of the stock market."

When Samsung Vice Chairman Lee Young-ki heard that the trader wanted to liquidate his entire position, he immediately flew into a rage and yelled at the trader.

If he liquidates his holdings, he will have truly lost 600 billion.

Moreover, this 600 billion was borrowed from Miracle Company and needs to be repaid in a month.

If the money isn't repaid, the pledged shares will be sold off when the loan matures.

Then Samsung Logistics and Samsung C&T no longer belong to Samsung, but to Miracle Corporation.

"Young Master, if we don't clear out our positions, we might lose even more."

"So I'm not suited to be a trader."

"You decide for yourself whether to sell or wait for a rebound before selling."

Upon hearing Samsung Vice Chairman Lee Young-ki's panicked words, the trader resigned immediately out of fear of being implicated.

Knowing that he would only lose more by delaying, he simply stopped showing up and fled South Korea to start a new life.

"what?"

"You caused all these losses, and now you want to quit?"

"You have to do it whether you like it or not, or don't blame me for being impolite."

0 ··Requesting flowers····· ····

When Samsung Vice Chairman Lee Young-ki heard that the trader wanted to resign, he angrily threatened the trader.

Upon hearing this, the trader immediately hung up the phone, packed his bags, and took a car to the airport overnight to catch a flight.

"That bastard."

When Samsung Vice Chairman Lee Young-ki saw that the trader dared to hang up on him, he angrily cursed and dialed the trader's number again.

. ..... 0

However, the trader did not answer the phone, so the call automatically stopped after one minute.

"what."

When Samsung Vice Chairman Lee Young-ki saw that the trader was determined to resign, he angrily overturned the table.

...

"Boss, what should we do now?"

"If we don't sell now, we might never be able to sell it again."

After seeing the news of the U.S. stock market crash, Lee Dong-ki's assistant called Lee Dong-ki at Samsung Financial Services to offer advice.

During the day today, he kept persuading Lee Dong-ki to sell his Nd Network Technology stock, arguing that it had plummeted by more than 20%.

It's important to know that this 20% level is the bull/bear line; once it's broken, the trend will reverse.

When the trend is downward, it will continue to fall.

Moreover, it's a long-term decline, with occasional small rebounds, but these are insufficient to change the overall downward trend.

Chapter 206? Nd Network Technology's stock price plummeted by 60% immediately upon opening.

"Sell?"

"How to sell it?"

"Do you think this is the opening time of the US stock market?"

Upon hearing this, Lee Dong-ki of Samsung Financial stared blankly at the news displayed on his computer screen, then asked a question in return.

Lee Dong-ki's question left his assistant speechless.

Because that's indeed the case; if you can sell now, that would be the best time.

If I wait until tomorrow to sell, there might not be an opportunity to sell until there's another sharp drop.

Moreover, with such a large shareholding of 180%, how could there possibly be anyone willing to take over their shares?

"Boss, what should we do?"

"What if the market crashes at the opening tomorrow?"

"What if we can't ship the goods and don't have the money to pay back Miracle Company? What if we have to sell the collateral?"

Lee Dong-ki's assistant asked three questions in a row, but unfortunately, Lee Dong-ki of Samsung Financial did not answer any of them.