Chapter 534 - The Short-Selling Game Begins
Chapter 534: The Short-Selling Game Begins
Translator: EndlessFantasy Translation Editor: EndlessFantasy Translation
After hanging up, Lin Yi slowed down his work.
Zhao Wen’s call was unexpected, but it also seemed reasonable.
However, what did the six pharmaceutical companies want to talk to him about? They all had their own respective research departments.
He might even be dragged into scientific research in the future.
At the thought of this, Lin Yi rubbed his chin. There seemed to be money to be made in this matter.
However, how he would proceed itdepended on the future.
Zhao Wen’s call did not stop Lin Yi from working on the Chip 3.0.
Later that night, Ji Qingyan came to make a meal for Lin Yi. His life was busy but also warm.
The next morning, Lin Yi didn’t plan to go to the hospital because he didn’t have any surgeries planned for the entire day.
Meanwhile, Ji Qingyan was working alone and could not even think about wasting Lin Yi’s time.
At noon, Lin Yi received a call from Liang Jinming.
“Brother Lin, I’ve settled it for you.” Liang Jinming said.
“45 billion, interest-free for a month. I also asked around. If you mortage Longxin, you can exchange it for about 40 billion.”
“That’s quite a lot,” Lin Yi said, “How many gifts did you give to get this?”
“It’s all small amounts, Brother Lin. Don’t ask.” Liang Jinming said, “When do you need this money? Prepare the relevant procedures. I’ll bring you over once you’re ready.”
“Now,” Lin Yi said, “Wait for my call.”
“Okay.”
In the next hour, Lin Yi prepared all the documents, met Liang Jinming, and started dealing with the loan.
It was not until dark that all the procedures were completed.
Because of the Liang family’s connections, the bank promised to release the money the next day. This speed was already very fast.
Lin Yi calculated internally. Including the money he got from the bank, he had about 65 billion on hand. If nothing went wrong, this should be enough.
Even if there was an accident, he still had Longxin to mortgage. There was no need to worry too much about the money for now.
After finishing his business with Liang Jinming, the four of them had another meal and partied until late at night.
The next day, Lin Yi arrived at the department, but only Qiao Xin was there. Li Chuhan had gone to attend to other matters.
“How’s the baby?” Lin Yi asked.
“It’s just as Director Li thought. Type 8 aortic transposition,” Qiao Xin said.
“The current situation is that the space between the heart chambers is irregular and the pulmonary artery is narrow. Director Li checked the information for the entire night yesterday and made countless calls. The final surgery plan has yet to be finalized.”
“Have you done all the other tests on the child?”
“There are still several tests that need to be done. It might be a few days before the complete diagnosis is out. Director Li’s initial plan is to perform the surgery in five days.”
“Five days…”
Lin Yi muttered, “Let’s do it in five days. Scan all the reports and send them to my email.”
“No problem.”
After discussing with Qiao Xin, the two of them began to prepare for the surgery in the afternoon.
Li Chuhan already had a comprehensive understanding of Lin Yi’s skills.
As long as it was not a major surgery, she would not follow.
Lin Yi was the chief surgeon the entire time, and Qiao Xin was the assistant. This was an unprecedented arrangement in Huashan Hospital.
At one o’clock in the afternoon, Lin Yi and Qiao Xin came out of the surgery and prepared to eat something to fill their stomachs.
However, at this moment, Lin Yi turned on his phone.
There were several missed calls from He Yuanyuan.
“What is it?”
“The call finally got through.” He Yuanyuan said,
“There’s a problem with Didi. Someone in the market is selling a lot of Didi’s shares. They’ve already sold more than eight billion yuan worth.”
“When was this?”
This was within Lin Yi’s expectations, and he didn’t show much panic.
“I heard from Director Tian that it started this morning. Someone sold a lot of stocks a long time ago. I thought it was a normal decline, but it hasn’t stopped until now. I estimate that in another two hours, the total amount soldwill be close to 10 billion.”
“Don’t be anxious. Let them continue dumping. I’ll have a meal first and look for you guys later.”
“Boss, you should be more careful. Do you still have the mood to eat at a time like this?” He Yuanyuan said.
“If this continues, it will definitely cause turmoil in the stock market. Moreover, I think this matter is not a coincidence. It’s very likely that someone is deliberately targeting Didi.”
As Ji Qingyan’s junior sister and a talented student from Yan University, He Yuanyuan’s business acumen was obvious. She could already smell a conspiracy.
“It means that someone is sabotaging us. Just focus on the data on the index. In short, don’t panic.”
He Yuanyuan was silent for a few seconds. “Boss, these things were all within your expectations, right? Did you already know that something like this would happen?”
“Hey, just don’t panic. It’s a small problem. I’ll go over after eating.”
“Okay.”
After hanging up, Lin Yi changed his clothes and went out with Qiao Xin. They had a simple lunch before driving to Lingyun Group.
In Qi Xianzhao’s office, He Yuanyuan and the other higher-ups of Didi were all gathered.
“Boss Lin, you’re here.”
Tian Yan said when she saw Lin Yi coming over.
“How’s the situation now?”
“They’re still selling. Coupled with the panic of some retail investors, the total amount of shares sold is almost 9.5 billion.”
“The retail investors followed them?”
“Yes, social media on the Internet is starting to show signs of decline. Some retail investors have already started to dump the shares.”
“From now on, we’ll buy as much as they are selling on the market.”
Hearing Lin Yi’s words, everyone present noticed something very serious.
He Yuanyuan looked at Lin Yi, “Boss, is someone shorting us?”
“Didn’t I bankrupt Cisco? Now that the capital behind them has come out, the game between us has officially begun.”
“Damn it, it’s no fun if we play like this,” He Yuanyuan said.
“We have about 20 billion yuan in cash. Didi has a little more than 7 billion yuan in cash flow. In less than a day, they robbed us of 9.5 billion yuan. With the little money we have left, we won’t be able to last long.”
“Don’t be anxious. I got 45 billion from outside parties. I don’t dare to make any other claims, but I can definitely still handle what they are selling.”
“45 billion from outside parties?”
Hearing this number, the executives present were all stunned speechless.
It turned out that President Lin had already expected this and had already made a plan in advance.
Including the 27 billion yuan he had on hand, it was a total of 72 billion yuan. If converted into dollars, it was about 10 billion, which was close to a third of Didi’s stock value.
Therefore, theoretically speaking, he could afford to buy up all the stocks that were being dumped!
In this short-selling game, as long as one could persevere and exhaust their opponents, they would eventually win.