Reading Settings
Font Size
16px
Line Spacing
1.6
Reading Width
900px
Font Share
Theme
Text To Speech

564: Have Faith

Qian Ziyong gave some more instructions, then began to arrange his strategy.

He said, "My strategy is very simple!"

"In the coming weeks, all automotive-related stocks worldwide will fall!"

"Short them for me."

"Short as much as possible!"

"Here's a list. Sun Dage, Brother Chen, please help me contact them."

"They will help us short."

This was given to him by Elder Zhou.

They were overseas compatriots, highly accomplished in finance.

All of them were absolutely trustworthy and formidable individuals.

Sun Youan took the list and, seeing the names on it, his eyes widened instantly.

"President Qian, these people are all big shots on Wall Street!"

"We can actually cooperate with them!" Sun Youan was full of disbelief.

When he went abroad, he wanted to visit these people, but they might not even pay attention to him.

Now they would actually cooperate with President Qian.

Qian Ziyong nodded and continued, "Overseas, we'll keep shorting, but domestically, it's a bit different."

"Domestically, we'll short first, then go long, collecting as many chips as possible."

"I want to show them a thing or two!"

Qian Ziyong took out a piece of paper, on which were several large companies, all related to automobiles.

"This is..." Chen Jingfu looked at Qian Ziyong in confusion.

Qian Ziyong said, "They have a partnership with us, so just short with confidence."

"When the time is right, go long and absorb as many chips as possible."

Li Yuanwei said, "President Qian, we know what to do!"

Qian Ziyong looked at Li Yuanwei and nodded at him.

Li Yuanwei was incredibly excited.

He had previously handled stocks for Qian Ziyong once, witnessing Qian Ziyong's divine operations. This time, Qian Ziyong even directly told them the strategy.

He accurately predicted the future.

Qian Ziyong had already made it very clear: in the future, all automotive-related company stocks worldwide would plummet.

And for the few companies on Qian Ziyong's list, although their stocks would fall, they would still rise again.

And it might be a significant rise.

Qian Ziyong gave them one trillion to operate, while he went to an automobile factory.

He then went to a battery factory.

He instructed the battery factory manager to complete the tasks he had assigned.

They needed to ensure the battery compatibility for the electric cars of those few automotive companies.

...

Over the next two weeks, the stock prices of domestic automobile companies continuously fell, causing countless people to be terrified.

They fell, and fell again, falling so much they couldn't even recognize their own mothers.

Meanwhile, foreign automotive companies saw their stock prices steadily rise.

Although they sold a large number of cars to China at extremely low prices.

They were practically selling at cost, not making much money.

But everyone knew that this was about seizing market share in China's automotive industry.

Although it came at the expense of other product markets.

It was worth it.

It could greatly impact Feihuang Group!

Once they had captured all the market, that would be their time to make money.

Countless domestic stock investors who had bought automotive stocks pounded their chests in frustration.

Many people cursed Qian Ziyong.

Many people @ Qian Ziyong.

Didn't they say Qian Ziyong was also going to enter the automotive industry?

Why was there no movement at all?

Under the countless @ mentions, Qian Ziyong finally announced a live stream.

Many people were following Feihuang Group.

Seeing the announcement on Feihuang Group's official website that Qian Ziyong would be live streaming tonight, they immediately became excited.

Qian Ziyong rarely live streamed, but every live stream was astonishing.

Some people rumored that Qian Ziyong was a stock god.

So, would Qian Ziyong talk about stocks in this live stream?

That evening, Qian Ziyong began his live stream using Feihuang Group's account.

"Hello everyone!" Qian Ziyong smiled and waved, greeting the audience in the live stream.

Looking at the number of viewers, wow, it was already a million people.

"I didn't realize I was so popular!" Qian Ziyong said with a smile.

Someone below asked, "President Qian, when will you make cars!"

"Many people abroad say you can't do it. A man cannot be told he can't do it, President Qian, you must work hard!"

Qian Ziyong smiled, "Recently, many people seem to be very concerned about automotive stocks, and seem to have lost confidence in automobiles!"

A large number of viewers replied below, "President Qian, how can we not lose confidence?"

"Now the domestic market has been completely seized by foreign countries. It's like ten years of effort, returning to square one overnight."

"Those foreign automotive companies are acting like they're crazy, drastically cutting prices."

"Without tariff protection, fighting head-on with foreign companies, we are truly no match."

"President Qian, we heard your Feihuang Group has strong technology. Can you make a move and reclaim the domestic market?"

Although they were heartbroken that the domestic automotive market was being occupied by foreign countries.

But the prices the other side offered were truly low!

Many cars were directly discounted by 50%.

A 50% discounted imported car, compared to a domestic car, clearly gave foreign cars an advantage.

After so many years, the BBA brand has not collapsed, which shows that Chinese people recognize BBA.

A 50% discounted BBA was truly appealing.

Before, they disliked it because they found BBA's prices expensive.

He had originally wanted to chat with netizens, but seeing so many people concerned about the automotive market, Qian Ziyong smiled and said, "Don't worry, our Feihuang Group will immediately enter the automotive industry."

"I have great confidence in the domestic automotive industry!"

"Also, everyone, don't lose confidence in automotive stocks. You must believe in yourselves."

Upon hearing Qian Ziyong say to have confidence in domestic automotive stocks, many people who had lost money in automotive stocks immediately began to curse.

"Confidence? What confidence are you talking about?"

"Qian Ziyong, I heard that the reason foreign cars are drastically cutting prices to seize the domestic market is because of Feihuang Group."

"Your Feihuang Group offended them, why should we bear the consequences?"

"Still have confidence in automotive stocks? The automotive market is almost completely seized, what confidence is there?"

"I'm going to buy foreign automotive stocks, they've been soaring."

"Ever since they started selling cars here in large quantities, they've been soaring. It's still not too late to buy now!"

Besides this viewer, many others also felt that domestic automotive stocks would fall even more miserably.

They urged everyone to buy foreign automotive stocks.

Foreign automotive stocks were indeed very strong, rising extremely fast.

Seeing this, Qian Ziyong quickly advised, "Everyone, don't lose confidence in ourselves. Give our Feihuang Group some time."

"It won't be long before our Feihuang Group's cars are on the market."

Upon hearing this, many stock investors who had lost money cursed even more loudly.

"Give your Feihuang Group confidence?"

"How much nerve do you, Qian Ziyong, have?"

"Do you think that just because Feihuang Group produces cars, it can reclaim the domestic market?"

"I admit that Feihuang Group is indeed very strong, but the automotive industry is a very large industry."

"It requires technological accumulation."

"Feihuang Group, just entering the automotive industry, will need at least three years to achieve results."

"Wait a moment, wait a moment, is three years considered 'a moment'?"

Countless netizens did not believe in Feihuang Group.

Everyone knew that automobiles were high-tech, with a very high technological content. You couldn't just build cars because you wanted to.

Some companies invested tens of billions and couldn't even build a car shell.

Prev Next

🔊 Text To Speech

Listen while reading

Ready