Chapter 180 Flash Crash

Chapter 180 Flash Crash

Chapter 180 Flash Crash (Additional update)
Time slipped away quietly.

Before we knew it, it was August 8th.

It was also the third day after the end of the Yangcheng Feed Industry Conference.

Company A and Company B, two of the four major grain traders, cooperated and sent an acquisition team to Shanmei City.

The acquisition team included Huang Changqing, CEO of Company A for Greater China, who had just attended the Yangcheng Feed Industry Conference, and Cord McCarthy, business research manager of Company B.

When the two of them arrived at Magong Town hand in hand.

Jiang Miao did not come out to greet them. Only Jiang Haibo and his assistant went to meet them.

Although the other party proposed to Jiang Haibo to meet Jiang Miao at the feed industry conference, unfortunately Jiang Miao had no interest in meeting him. After all, people with different ideas cannot work together. The two sides are destined to not see eye to eye, so there is no need to waste their expression.

If it were before, maybe Jiang Miao would just put on an act and pretend to be nice to the other party.

Now he doesn't even want to act.

Instead of wasting time arguing with the other party, you might as well use these hours to study technology or handle company business.

Inside the temporary headquarters of Hailufeng Company.

Huang Changqing and Cord McCarthy, who did not see Jiang Miao, did not show any outward anger, but they were already very dissatisfied in their hearts.

After all, in the past, whenever they mentioned the names of ABCD, all the private enterprises in Seres would bow their heads and scrape.

They felt uncomfortable and angry that they were being treated so lightly by a young man who had just started out.

However, Huang Changqing still smiled on the surface. He looked at Jiang Haibo and asked, "Mr. Jiang, our company came here with sincerity and goodwill, hoping to reach a cooperation with your company."

"Mr. Huang, if you still have the same idea as last time, I don't think there is any need for us to continue talking." Jiang Haibo didn't care about the other party's attitude.

He knew the strength and influence of Hailufeng Company at that time. In addition, the company did not have much direct international business. The arrogance of ABCD in other places could not shake the foundation of Hailufeng Company at all. At most, Europe and the United States would suppress Hailufeng Company by exporting eel fry and white truffles.

If it was a year ago, ABCD might have had a chance to suppress the development of Hailufeng if they had gone all out, but it is too late now.

"Jiang, I think there is nothing that cannot be discussed. We are really optimistic about your company. How about 100% of the shares for 30 billion?" Cord McCarthy said, raising his glasses.

Jiang Haibo deliberately showed a surprised expression: "Oh? 100 billion US dollars for 30% of the shares?"

"Huh? Jiang, I'm talking about Huayuan." Cord McCarthy cursed in his heart: Why don't you offer 100 billion US dollars? You really don't know what you're talking about.

"100 billion yuan?" Jiang Haibo sneered, "Do you know our company's revenue this month?"

Huang Changqing could already hear the hostility and contempt in Jiang Haibo's words, but he did not get angry. Instead, he smiled and explained, "Mr. Jiang, you can't just look at the current profits, you also have to look at future development. If you agree to our investment, your company's development in the international market will become very smooth, dozens of times faster than your own development. This is the significance of introducing strategic investors."

"Haha, are you threatening me?" Jiang Haibo's eyes suddenly turned cold.

Huang Changqing's expression suddenly turned cold, and his tone was full of confidence and condescension: "Mr. Jiang, you are a smart person. You should know that the international market is not so easy to get into. We welcome friends to win together, so I hope we can become friends, not enemies."

"Then I will officially inform you today that we will only become enemies and you can get out." Jiang Haibo ordered them to leave without any hesitation.

"You!..." It was the first time that Cord McCarthy faced such an arrogant attitude, and his breathing suddenly became rapid.

Huang Changqing, on the other hand, remained calm. He stood up with a sneer and said, "I hope you won't regret it."

"Haha, regret? Do you really think you are a human being? You are a piece of trash who relies on the power of others!" Jiang Haibo directly ridiculed the other party's identity.

Huang Changqing's fist hardened. If they were not inside the Hailufeng Company, he would definitely punch the other party in the face.

The group ran away in a hurry.

Watching the backs of these guys walking away.

Jiang Haibo thought to himself: "They are really patient. I thought I could take this opportunity to send them out for tea for a few days, but these guys won't be so arrogant for a few days."

"Mr. Jiang, do you want to delete the video?" The assistant who was standing behind him just now reminded him in a low voice.

"Deleted." Jiang Haibo did not take the other party into account, so he naturally would not keep the video.

Huang Changqing, Cord McCarthy and others who were leaving Magong Town by car, had faces as black as the bottom of a pot as soon as they got on the bus.

In particular, white supremacist Cord McCarthy cursed in English: "Damn bastards, fuck you! I will never let you go! Son of a bitch..."

"Okay, Code, there's no need to be so angry." Huang Changqing took a sip of ice water to ease his irritable mood.

Cord McCarthy gnashed his teeth and said, "Huang, we must report this to the head office and retaliate severely, otherwise they will think we are easy to bully."

"I know." Huang Changqing is not a magnanimous person. After all, if he could endure being insulted by Jiang Haibo, he might as well become a Ninja Turtle.

Cord McCarthy raised his glasses and sneered sinisterly: "A large part of their profits come from eel fry and white truffles. We need to let the head office come forward and lobby all parties to ban the sale of these products."

However, Huang Changqing frowned: "It's not that simple."

"You're saying the ban on sales won't hurt them?" Cord McCarthy was a little unconvinced.

"Don't forget the re-export trade." Huang Changqing hit the key point in one sentence.

Cord McCarthy was awakened, and his reason took over the IQ again. He reacted instantly: "Damn it!"

Re-export trade is indeed a very difficult loophole.

Even if ABCD mobilizes its forces and spends a lot of money to lobby European and American parties, they cannot resist the fact that European and American parties are not completely of one mind.

Especially for high-value and very small items such as white truffles and eel fry, they can avoid supervision whether they are smuggled secretly or re-exported through third-party countries.

After all, these are not engineering machinery, vehicles, ships, steel, weapons, etc., which are very large in size and weight, and the profit itself is relatively low, or the products are very sensitive. Naturally, there will be no underground businessmen who will smuggle such things.

But white truffles are different from eel fry. If Europe and the United States ban the sale of these things, Southeast Asian countries such as Annan and Siam will definitely take the opportunity to engage in re-export trade, and even Mexico and the Ottoman Empire will secretly smuggle them to Europe and the United States.

The more this kind of thing is banned, the more it may arouse the greed of underground merchants, causing them to take risks now.

After all, smuggling guns, ammunition, contraband and the like is a life-threatening business, yet there are people who do it, not to mention things like this which won't have serious consequences if you're caught.

Cord McCarthy and Huang Changqing thought hard, but the more they thought about how to deal with Hailufeng, the more they felt that this company was simply a freak and it was difficult to deal with it through conventional means.

Suddenly, Cord McCarthy, who was about to become more treacherous, whispered, "Huang, where are your company's friends here? You can ask them to come forward. This Jiang Miao is the key to Hailufeng Company. As long as he is dealt with, Hailufeng Company will definitely surrender."

"You think I don't want to." Huang Changqing was speechless: "Recently, the situation has been too tense, and those people dare not come forward. After another year or two, when things calm down, maybe we can consider doing this."

"Are they afraid of a small private enterprise?" Cord McCarthy was a little angry.

Huang Changqing knew that Cord McCarthy was a little bit angry, so he quickly tried to persuade him: "It's not that I'm afraid! It's just that the whole world is not at peace now. They are doing things for us, so they have to consider the risks. They can't risk their lives to help us with Hailufeng Company, right? They are not that stupid, so don't make trouble for yourself."

Then he added: "Let Hailufeng be proud for a while. Sooner or later, they will expand their business around the world. Then we will let them know who is the boss of this world."

"Okay! I'll let them be proud for a while." Cord McCarthy finally calmed down completely.

However, their journey was interrupted by a phone call just as their car drove to the Bao'an Airport in Pengcheng, but before they reached the airport.

Inside a high-end business hotel in Pengcheng.

Huang Changqing, Cord McCarthy and others who had opened the business room no longer had the composure they had before.

They looked at the soybean futures prices in the major financial markets on their laptops and saw that they had been slowly falling since noon today.

At the Shanghai Food Security Summit a week ago and the Guangzhou Feed Industry Conference three days ago, many experts and scholars from Serbia announced that in order to ensure food and feed security in Serbia, they would increase the inventory of various bulk agricultural products in the next few years.

These include bulk agricultural products such as soybeans, corn, sorghum, alfalfa, wheat, and palm oil.

In the eyes of ABCD, this signal is obviously a disguised announcement that Seris will increase imports.

This caused a surge in agricultural commodity futures prices among major global institutions, which rose by nearly 10% in the past week.

Among the institutions that bought at high prices was the financial subsidiary of ABCD. They did not know that during the surge this week, some people had made billions of dollars by buying low and selling high, and this money turned around and began to frantically short these bulk agricultural product futures.

Starting from today, the short-selling force has suddenly increased a lot. Some of ABCD and other financial institutions in Europe and the United States are unable to take on the short orders, which caused the market to begin to show a downward trend. Although the long forces are still trying to maintain high levels, the power of the shorts is too strong.

Currently, the prices of bulk agricultural product futures in major futures markets continue to decline slowly amid fluctuations.

The short sellers, who have already prepared their ammunition, are not afraid and continue to short the prices of bulk agricultural products.

"Why is this happening?" Cord McCarthy frowned. He didn't understand why the short-selling forces did this.

After all, Seris announced an increase in the inventory size of bulk agricultural products, which is obviously good news. Why do the short sellers dare to continue shorting?

Huang Changqing was equally puzzled: "What kind of problem is it that we have overlooked? It doesn't make sense!"

At this moment, a market researcher who was responsible for collecting the latest agricultural information opened his eyes wide and his pupils shrank. He stared at the screen of his laptop computer, and cold sweat broke out on his forehead involuntarily.

"What's wrong? Are you feeling unwell?" His colleagues thought he was sick.

"Mr. Huang!" The man raised his head instantly and shouted loudly.

Huang Changqing was startled and asked angrily, "Liangcai, why are you yelling?"

"Mr. Huang, please take a look at this and come here quickly!" The man no longer cared about etiquette.

Although Huang Changqing was still a little angry, he did not lose his temper immediately, but walked over.

However, after taking a look at the report on the laptop, he was stunned and cold sweat broke out on his forehead.

"Huang, what's wrong with you?" Cord McCarthy also noticed that something was wrong with Huang Changqing.

"Hoo, hoo..." Huang Changqing, who was almost exhausted, quickly sat down and gasped, then rubbed his sweaty face again: "Something big happened..."

He continued to watch, and Cord McCarthy came up behind him and also saw the content of the news report.

The more they read the report, the more horrified they became.

Cord McCarthy immediately picked up his cell phone and made an international call.

"Dudu... Hey, Cord, it's so late, what's the matter?"

"Mr. Chairman, something big has happened."

"whats the matter?"

"Seris has developed a type of soybean that can be grown on a large scale in the desert and has a very high yield. Currently, 35 mu of soybeans have been planted."

"What? Didn't you say before that this news was not threatening?"

Apparently, ABCD's branch in Seris is not so incompetent. At least they have collected information about Hailufeng Company's plan to develop the desert in the south of the desert.

However, after reading the relevant report, Cord McCarthy felt that this type of project was most likely a trick to defraud subsidies, or it was a very costly and useless project. Therefore, he casually mentioned it in the relevant report and did not let the investigators conduct an in-depth investigation.

When the soybeans were planted in June, not many people noticed.

It was not until the Mo'nan branch of Hailufeng Company sold a large amount of bean vine feed that the business investigators of ABCD noticed this matter and began to prepare to investigate the projects invested by Hailufeng Company in Mo'nan again.

However, before they could launch an investigation, two major events in succession forced their executives in Greater China to put the matter behind them and rush to attend these two events.

Now the initiative is no longer in ABCD's hands.

After listening to Cord McCarthy's explanation.

The chairman of Company B on the other end of the phone roared in anger: "Code! Is this how you manage a branch? Why did you overlook such important news? Do you know how much money the company will lose now? You deserve to die!"

"Mr. Chairman, I..." Cord McCarthy was speechless.

On the other side, Huang Changqing also made an international call to the chairman of Company A. After explaining the situation, he was also scolded.

However, the situation has become out of control.

As the deliberately spread news articles quickly spread around the world, those financial institutions that reacted quickly stopped going long and turned around to go short.

The futures prices of international bulk agricultural products fell like a waterfall dropping three thousand feet. In less than an hour, the situation took a sharp turn for the worse.

Soybean futures plunged 27%.

Corn futures plunged 22%.

Soymeal futures plunged 33%.

Alfalfa futures plunged 17%.

Wheat futures, cassava futures, rice futures, sugar futures, palm oil futures, and cotton futures all plummeted.

Obviously, the entire bulk agricultural product market was directly hit hard by the impact of Senzu soybeans.

Because that official report has already stated that an area of ​​no less than 2 million mu of sandy desert will be opened up in the northeast, south of the desert, and northwest of Seris as a soybean planting base.

If this kind of news was written by a tabloid that was based on hearsay, it would not have caused such serious consequences, but this news happened to be an authoritative official report.

The mysterious force that reaped nearly 70 billion US dollars quickly withdrew its funds. Although there will certainly be opportunities to continue shorting in the future, too much is as bad as too little.

ABCD, who reacted quickly, joined the short-selling ranks.

It's a pity that it's of no use.

In the event of a serious stampede in the market, no financial institution dares to take over. Whoever takes over now will die.

Without financial institutions and big speculators to take over, small retail investors simply cannot afford such a deal.

ABCD looked at the high-priced contracts they held and found that no one was willing to buy them even if they sold them at a low price. In just one hour, they lost tens of billions of dollars. Other financial institutions and big speculators who had been deceived before also lost tens of billions of dollars.

Although the sudden changes in the futures market have not been transmitted to the physical market in a short period of time, the future of the physical market will definitely not be easy.

Unless a large market with a population of more than one billion is willing to step forward to rescue food exporters, forget it now.

At this time, all you have to do is sit at home and wait for the other party to come.

Huang Changqing and Cord McCarthy in the business room were already pale. They finally realized why Hailufeng Company dared to humiliate them like this. It turned out that the other party had been sharpening their knives and ready to slaughter ABCD.

"What should we do now?" Cord McCarthy no longer had the arrogance he had before, only fear and decadence remained.

"Huh...what should I do? Let's wait for our board of directors to make a decision! The worst that can happen is that I get fired." Huang Changqing suddenly thought it through. He finally realized that he was just an employee and there was no reason for him to worry about the company.

Cord McCarthy opened his mouth, but he didn't know what to say. Although he had a lot of stocks in the company, the loss of the company would not affect him much. With several million dollars in assets as a backing, as long as he didn't waste it in the future, he would basically have no worries about food and clothing for the rest of his life.

The two chose to lie low and wait for decisions from their respective companies.

Their head office was holding a video conference overnight to discuss how to deal with the next crisis.

However, Jiang Miao did not care too much about this matter. He just recorded the content of their video conference and hid the secret overseas account that soared to nearly 15 billion US dollars.

He intends to use this money as a reserve fund.

As for how to launder the money into the country, it is actually very simple. Set up a few shell companies, buy eel fry and white truffles from Hailufeng Company at high prices, and then sell them to the international market at the original market price.

But there is no need for this at the moment.

While Jiang Miao was still researching the technology, the domestic Internet was already in an uproar.

Topics about Hailufeng Company, Sendou soybeans, and 2 million acres of sand quickly made headlines on portal websites across the country.

(End of this chapter)