Cross the Songhu battlefield and rise to become the most powerful warlord
Chapter 671: Divide the Market
671 Divide the Market
When Ye Qingshan heard Anthony's voice on the phone, he immediately lost all sleepiness.
"Anthony, tell me carefully.
How did the Morgan family fight back?
Ye Qingshan was eager to know the Morgan family's counterattack.
“Ye, it’s pretty much what I guessed before.
The Morgan family, together with their allied families, no longer allow the raw materials we purchase and the steel we produce to be transported through their railways and ports.
Trying to block us.
In addition, the Morgan family began to frantically short the stocks of several of our family companies in the stock market.
This caused the stocks of our family's other companies to plummet.
The situations of Buck, McCarthy, Hutchinson and their respective companies are basically the same.
They were all shorted crazily.
The Morgan family is forcing us to take the money back to save the share prices of our companies..."
Anthony quickly told Ye Qingshan about the Morgan family's counterattack methods on the phone.
A few days ago, when Ye Qingshan, Anthony, Will and Pete were together, they were discussing what means the Morgan family would use to fight back against them.
That has been discussed.
Anthony and Will knew more about the Morgan family's situation.
The two of them had already predicted the counterattacks that the Morgan family would take.
So far, it seems that both of them were right.
After Ye Qingshan finished communicating with Anthony, he quickly hung up the phone, then picked up the phone again and called Will.
“Will, little Morgan has taken action.
The means of counterattack are similar to what you predicted before.
How are your preparations going?
Next, can the raw materials needed by our steel company be transported into the factory?
Whether the produced steel can be transported out.
It’s up to you.”
Ye Qingshan said quickly.
Soon, Will’s voice came from the other end of the phone: “Ye, don’t worry.
It's all on me.
In the past two days, I have contacted some other families, and they are all willing to provide help.
It's no use trying to blockade Morgan.
This is not the biggest crisis. The real crisis is that the Morgan family is lobbying Congress to introduce rules that are unfavorable to our company.
My eldest brother is using the power of our family to help stop it."
"Thank you for your hard work."
With Will's assurance, Ye Qingshan also breathed a sigh of relief.
Everything that needs to be prepared has been prepared in advance.
Will and Anthony are the ones who are specifically responsible for the company's competition with the Morgan family and the Carnegie family.
Ye Qingshan has become accustomed to being a hands-off boss.
Next, all he can do is wait and see how the situation changes.
"Telegram my father and tell him.
Let’s put the listing of some of the group’s subsidiaries on hold.”
After finishing the call with Will and others, Ye Qingshan lost his sleepiness and sent a telegram to Ye Dakang.
Their plan to go public in the next two days was halted.
At this time, it is not a wise move to allow some companies to be listed in New York.
Don’t you see that the Morgan family is using their financial strength to fight back against them by shorting stocks?
If they still have a company listed at this time, wouldn't that be tantamount to giving others a target?
I can only pause it.
At the same time, the Morgan family's counterattack was on Christmas Eve.
Therefore, Morgan and his friends jokingly called it the "pre-Christmas offensive".
It has to be said that the counterattack measures formulated by Morgan and others against the West Coast Steel Alliance are very targeted.
Even so, Anthony and Will started preparing in advance.
It still causes them huge trouble.
In the following days, Anthony, Will and others were very busy.
Try every possible way to counter the Morgan family's counterattacks.
Peter, Juliet and others also lobbied their financial group families everywhere to seek help.
On the contrary, Ye Qingshan became the one with more free time.
Ye Qingshan accompanied Alice to relax while paying attention to the changes in the situation.
"This matter is getting bigger and bigger."
Ye Qingshan looked at the newspapers in New York, which have been reporting on this incident that started in the steel industry in the past two days.
Then it spread to business competition in other major industries.
One newspaper even called it a challenge from the West Coast.
Ye Qingshan couldn't help but laugh.
At least before he came to the United States to develop his business, he would never have thought that he would cause such a business storm that would affect the entire country.
Soon, it was Christmas.
Ye Qingshan followed Joseph and Alice to Joseph's family on the East Coast to celebrate Christmas together.
No matter how fierce the competition is in the business world, we still have to celebrate Christmas.
So, taking advantage of the opportunity of Christmas, Ye Qingshan met Joseph, Anthony, Pete, Will and others again at the same time.
"Ye, this period of time is the most free for you.
You don’t know how busy we have been these past few days.”
After seeing Ye Qingshan, Pete complained.
"Yeah, Ye is the big boss behind the scenes. We all work for him."
Anthony also came over and joked.
"I'm not."
Will retorted.
"Ha ha.
There's nothing I can do. I've already finished everything I was responsible for.
We are all comrades-in-arms, just with different divisions of labor.
I'm just providing you with logistical support.
Look at these Christmas trees today, they were made by Alice and I ourselves.”
“It’s so ugly.”
Pete looked at the crooked Christmas tree and said with disdain.
"That was Alice's doing."
"Ahem, this Christmas tree is really unique and special."
Ye Qingshan looked disdainful.
Afterwards, Ye Qingshan followed the local customs and fully experienced the Western Christmas celebrations.
After the celebration was over, Ye Qingshan, Joseph, Anthony and others sat together and talked about business.
“Our business competition with the Morgan family and the Carnegie family was too big.
Not only has it affected many industries, but more than a dozen conglomerate families on the East Coast have also taken sides during this period.
Several families, including the Rockefeller, Mellon, and Eaton, chose to help us secretly.
But the Morgan family also brought in several families including Matt and Ron.
These are basically the families that previously controlled the remaining large steel companies besides US Steel and us.
As they completed their teaming, the domestic steel market was completely divided into two.
At present, we almost share the domestic steel market with each other.
This result is already a victory for us.”
Anthony said in a deep voice.
After all, their West Coast Steel Alliance was only a steel company established two years ago, and its initial steel market share was less than 10%.
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