Reborn in 2014: A One-Man Tycoon

Meng Chuan was far less relaxed than when he spoke with Ollie on the phone.

Meng Chuan can certainly afford to lose 100 billion.

However, this does not mean that Meng Chuan is willing to lose.

This wave of benefits will bring Meng Chuan great gains.

Meng Chuan couldn't help but feel envious.

It's not as easy and carefree as they say.

However, Meng Chuan had to be wary of Ollie.

It wasn't that Meng Chuan was being paranoid.

Meng Chuan really couldn't completely believe the true colors of these capitalists.

Moreover, some of the Oli tribe members hold positions within the Oul Alliance.

He even knew about secret meetings of the Ou Alliance immediately.

His clansmen could easily send a few whispers at the meeting and plunge Meng Chuan into an abyss of no return.

In other words, if Ollie wanted to scheme against Meng Chuan, he had the natural advantage.

"The market has opened."

Just as Meng Chuan was deep in thought, Ying Die spoke up.

Meng Chuan quickly pulled himself out of his thoughts.

“George, lend me 1 million short positions at 13 pounds per share.”

Meng Chuan gave instructions to George in the video.

George in the video was taken aback.

What is this operation?

"Boss, the opening price is £14 per share, we're offering £13..."

George looked at Meng Chuan strangely.

This is clearly a waste of effort.

The price is clearly £14 per share, how could you possibly borrow £13?

"You just need to follow orders."

Meng Chuan said in a deep voice.

Meng Chuan was in a bad mood and naturally didn't want to explain to George.

Meng Chuan knew, of course, that he couldn't borrow it at that price.

But he just wanted to make it clear to everyone that he was going to short the market.

This sends a signal to stimulate the market.

Perhaps some retail investors will see his 100 million short orders and panic and sell their stocks.

As long as someone sells, it will trigger a wave of others to follow suit.

If everyone chooses to sell, then the stock price of 02 will definitely plummet.

Meng Chuan can only hope for a stock price crash to survive.

He's doomed if the stock price goes up.

George could also clearly sense that Meng Chuan was in a bad mood.

He dared not say anything more and could only obey orders.

The market for 02 is currently very hot.

Meng Chuan's move did not inspire anyone to follow suit.

It even drew ridicule from many people.

Just thirty minutes later, someone suddenly put up a buy order for £15 per share.

This seemingly small bill instantly changed the expressions of Meng Chuan and George.

It exploded!!!

"It's gone up by a pound, boss, we..."

George panicked.

There are 30 billion shares in circulation, so at 15 pounds per share, that's 450 pounds.

Meng Chuan's principal was only £268 billion.

If this happened in the country, Meng Chuan would have been wiped out immediately.

However, the UK stock market has a mechanism for revolving lending involving equity pledges.

Simply put, a custodian brokerage firm can pledge shares to financial institutions on behalf of investors.

The maximum pledge ratio can reach 70%.

In other words, Meng Chuan's principal of 268 billion yuan, with 70% pledged, could yield 187.6 billion pounds.

This is equivalent to using leverage, meaning Meng Chuan's actual principal could reach £455.6 billion.

This is equivalent to venture capital, which carries extremely high risks, and naturally, the interest rates are also extremely high.

02's share price has now reached £15 billion per share.

Meng Chuan has already borrowed 30 billion shares, with a total value of up to 450 billion.

Meng Chuan could only manage a principal of 455.6 billion yuan.

It looks like the account is about to be liquidated.

Even if the price increases by another 0.1 pounds, Meng Chuan could go straight home.

"It looks like I'll have to partially liquidate my positions."

Meng Chuan muttered to himself.

Mengchuan is now in a situation where the water has reached his eyebrows.

I can't breathe anymore; I have to buy back some of the stocks to pay them back.

Only by reducing short positions can the risk of losses be reduced.

This is the only way to stabilize the account to some extent and avoid the forced liquidation of all positions.

"Boss, the financial institution is demanding that we immediately deposit more margin, or they will liquidate our positions."

George was sweating profusely with anxiety.

Financial institutions won't show favoritism to Meng Chuan.

The more enthusiastic they are when they pledge their shares, the more ruthless they become now.

After all, Meng Chuan had taken their money, and given the circumstances, he had no say in the matter.

"Alas! What was bound to happen will eventually come..."

Meng Chuan sighed deeply.

For the first time, Meng Chuan felt an overwhelming sense of powerlessness.

"Ding!"

However, at that moment, Meng Chuan's phone suddenly received a message.

When Meng Chuan opened it, his dejected expression instantly transformed into a relieved smile.

At the same time, George shouted excitedly:

"Boss... our account has suddenly received a deposit of 200 billion. Haha, we're rich now."

It seems Ollie has finally made his move.

This money really came at the right time.

However, after laughing, Meng Chuan's face darkened again, and he said to George:

“George, warn the financial institutions right now: I have money. If they dare to act on my own again, they should return the money to me and we’ll find another institution to work with.”

Meng Chuan is not a magnanimous person.

Damn it, all bankers in the world are the same.

On a sunny day, I'll offer you an umbrella; on a rainy day, I'll remove it.

Although Meng Chuan knew that such a warning was useless.

They know that even if they switch to another organization, the same attitude will prevail.

But Meng Chuan just couldn't stand it.

The warning was ineffective, but it was satisfying!

"Okay, boss, I'll make the call right away."

George exclaimed excitedly.

George was also scared half to death.

This was the biggest deal he ever manipulated.

He could have achieved both fame and fortune, but he almost suffered a complete loss of reputation.

He was also somewhat angry.

Now we have this 200 billion in revenue.

Meng Chuan's principal amounted to 468 billion.

With the addition of the lending mechanism, Meng Chuan could manipulate a principal amount of up to 795.6 billion yuan.

As the old saying goes, "With grain at home, one has nothing to fear."

"Also, help me continue shorting, don't worry about the consequences."

Meng Chuan now felt more confident.

Even if 02's stock price continues to skyrocket and reaches an astronomical price, Meng Chuan will not be afraid.

Because there's an Aoli safety net.

Oli has already given Meng Chuan 300 billion.

Having invested so much, Aoli naturally couldn't allow Meng Chuan to lose.

If Meng Chuan suffers another margin call, Aoli will step in without Meng Chuan even having to say anything.

Once Ollie got on this pirate ship, there was no turning back.

Therefore, Meng Chuan now has only one thought.

That means pushing things to the limit.

Even if he loses everything, Meng Chuan only needs to repay 10 billion.

There was no contract for the remaining 20 billion.

Even if Meng Chuan tries to cheat, Ollie can't do anything about it.

Moreover, Ollie wouldn't dare to sue Meng Chuan over something like this.

After all, his actions constitute, to some extent, treason.

If he colludes with foreigners to short-sell his own country's stock market and causes a ruckus, he won't be able to stay in the UK any longer.

Of course, if it makes a profit, could Meng Chuan embezzle the 20 billion pounds from Ollie and not pay it back?

The answer is, of course, no.

Money is good, but you have to be alive to enjoy it.

With the Warburg family's influence, if they dared to embezzle 20 billion, Meng Chuan wouldn't have enough lives to survive.

This is the source of Ollie's confidence.

"I still need to call Ollie to thank him."

Meng Chuan smiled and took out his phone.

However, as soon as the call connected, Olsen's cold voice immediately came through:

"I'm busy, don't call me unless it's important."

After I finished speaking, the phone went dead.