Chapter 554 The new international financial oligarchy
The reason why Chen Fan didn't party all night with them was because he was thinking about this problem.
In fact, the major forces in Western Europe are holding an emergency meeting.
When those traditional automobile giants reduced their holdings one after another, it was they who were raising funds to collectively go long and support the George Fund. They had great ambitions, sweeping across multiple markets, and planned to blow up all short positions.
But they never expected that they would be suddenly beaten by short sellers in the last two minutes.
Now how to do?
Old George's game has brought everyone into a trap.
Now everyone is waiting for him to come back and give an explanation.
Old George's plane is also rushing back to the skies over Western Europe.
Su Ruzhen is also having a meeting with entrepreneurs from the Donghua Chamber of Commerce at the moment.
Of course they have a share in achieving such results this time.
Especially those new energy vehicle companies, they are almost desperate to participate, with the determination to succeed or not.
Of course, based solely on their strength, they are still too weak after all.
So this time I also taught them a hard lesson, making them entrepreneurs feel their own insignificance again. Su Ruzhen said that after this battle, I hope everyone will remember that the team spirit is the most powerful.
Otherwise, we will always be reaped by others. The success we have achieved today is our hard-won persistence and perseverance.
Because many companies chose to give up at the beginning, it was Su Ruzhen who persuaded them that the companies that wanted to give up hoped that they would continue to keep their production lines and not move them.
Facts have proved that what Su Ruzhen did was right.
Now as long as the delivery is successful, everything will be a foregone conclusion.
The next day they received a notice from the international exchange that the other party wanted to deliver in physical form.
Chen Fan had anticipated this a long time ago. When the Davidson family's lithium mine exploded, these people would expect that they had no spot on hand, so they wanted to take this opportunity to bargain.
According to the principles of futures trading, both parties can choose cash or physical goods for delivery.
Unexpectedly, they actually chose physical objects. Chen Fanda said, "Okay, then I will hand over all the implementation to them."
At the beginning, he bought a large amount of Davidson's lithium resources at half the market price. In addition, Zhang Jiandong's mine has already been mined. Since you want spot goods, you can just resell these to them.
The reason why they chose spot goods was the result of discussions between old George and others.
First, they believe that the short side cannot have so much spot to trade.
In fact, since they have the spot in their hands, wouldn't they be able to make another cut?
With the supply of goods, I will continue to increase the price and let the market fall into the next cycle.
Of course, the volume of this transaction is so large that it can empty out all the inventory.
But since they chose spot trading, let’s trade!
Chen Fan is just waiting for the settlement now.
A few days later, the settlement was settled.
Blueprint Capital has successively invested a total of 12 trillion Donghua coins in all fields, including international crude oil, gold, lithium ore, etc., plus the 500 billion beautiful coins transferred by Davidson and others, the total investment from both parties reached 23,000
billion international currency.
This time, after deducting other expenses and various handling fees, the converted profit is...
Trillions.
Excluding the Davidson family's funds and profits, Blueprint Capital's total assets officially exceed 4 trillion international dollars this time, which also means that they have exceeded 30 trillion Donghua dollars!
A huge international financial oligarchy has emerged!