How Did I Become a God - Vol 2 Chapter 709

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Bathed in the early morning sun in early June, the old Pino sitting at the table looks dying. He is contemporaries with Arnaud and Lagardère.

Listening to his son’s eagerness, Old Pino didn’t even blink his eyelids, and said, “Wait. We need to be more patient as hunters to treat cunning foxes.”

Even if it makes a little less profit.

Little Pino nodded. Speaking of which, in this sudden battle, he is indeed behind the scenes.

In fact, he roughly knows the reason for the battle surrounding the “Zhao Shi Group”.

First, Richard from Hong Kong Island went to Paris to lobby Arnaud. He is the youngest son of Li Jiacheng, the richest man on Hong Kong Island.

Because he was made a loss of 1.2 billion US dollars by Jing Gao on the US stocks.

Second, the development of the Zhaoshi Group, especially the attributes of its capital, can better control its preference for the Chinese market. This has made the large French luxury goods groups vigilant and suppressed!

This is the norm in the capitalist world. If the competition fails, we will suppress it by means.

And he was just a **** that Arnault secretly wooed. Because the Kering Group of the Pino family is also a luxury goods group. They are ranked behind LVMH Group and L’Oréal Group. Ranked third. The next few houses are Hermes and Chanel.

Of course, this year’s Kering Group’s sales can be ranked second. Because they attach great importance to the Chinese market.

Just wait any longer. Even if the benefits cannot be maximized, the victory is in safety.

Little Pino made up his mind and was drinking milk when he saw his confidant David Lewis come in, the black translator who accompanied Jing Gao last time. He not only understands Chinese, but also an assistant in the circle around Pino.

At this time, his expression was anxious. But David Lewis saw the father and son having a meal, so he waited at the door of the restaurant.

Little Pino said, “David, what’s the matter?” Although he is in charge of the Kering Group and has already taken over, he will not hide his father from business matters.

David-Lewis respectfully said: “Mr. Pinault, there has just been news from China. A think tank has issued an investigation report. The core brands of LVMH Group: LV, Bulgari, (spirits) are all in the Chinese market. It has suffered a considerable decline. Public opinion over there has exploded on the Internet.”

What? Little Pino was startled slightly.

Old Pino was very knowledgeable and asked, “He played the patriotic card?”

David Lewis replied: “No. According to the feedback from our group’s staff over there, Mr. Jing controls their largest online public opinion platform: Meager. It is equivalent to Twitter. The news has already been searched.

I think the high probability is a rumor. ”

The think tank issued a report, and the public opinion field broke out, causing stock prices to fall. This kind of routine is about to break down in the European and American stock markets.

But the abuse of a routine has not been eliminated, which shows that this routine is very useful.

In other words, today’s LVMH group is in great trouble again. This is another bad news.

Spread the rumors with a mouth, refute the rumors and run off their legs.

Old Pino raised his eyebrows slightly. He felt very vague about the super-rich “Mr. Jing” from China. Now he has a rough estimate: Mr. Jing is very strong!

In today’s industrialized society, it is not whoever makes goods dominate. In most fields, it is whoever owns the market who dominates.

In the field of luxury goods, it is precisely the buyer’s market!

Even luxury goods around the world are learning the sales routine invented by Bernard Arnault: limited editions are launched, limited to purchases, first released in global centers such as New York and Paris, and other cities will have to wait several months before they are available.

Old Pino thought for a while, and nodded to Pino who was looking at him, ), you can do it.”

The attitude is completely opposite to that of a few minutes ago!

This is not called spitting on the face, it is called “camera moving”.

In fact, Pino had an error in his estimation of Jing Gao’s strength. In the United States and the West, the power of a media tycoon is very small. Their net worth may not be the highest. But the influence is not at all comparable to those on the rich list.

However, among flower growers, media platforms are not actually the fourth power. It’s all about listening to greetings. Jing Gao is not a media tycoon in the sense of the United States and the West.

However, Pino’s estimate of Jing Gao’s strength was correct.

Because he is rich!

Little Pino stood up and said cheerfully: “Okay, Dad. I personally go to No. 12 Rotan Street in District 16.” He will take all the bad news about LVMH that he has collected over the years. Including his hidden child in the LVMH group.

…

…

At 9:30 am on June 5th, the Paris Stock Exchange opened on time.

Most of the people in the lobby are staring at LVMH Group’s stock price. As a constituent stock of the Paris Exchange, the rise and fall of LVMH Group’s share price is related to the broader market.

After the LVMH Group’s share price plunged late yesterday, rumors abounded in the market. The most noticeable is the short report on Deutsche Bank’s official website.

Everyone is paying attention to the trend of LVMH Group’s stock price after the opening today. Yesterday’s late limit lower limit can be said to be affected by bad news and market sentiment, and its stock price does not truly reflect the fundamentals.

So, after more than ten hours of preparation, will the stock price rise or fall next?

The result will be announced soon.

Bernie Augustine, vice chairman of the Paris Exchange, stood in the corner of the trading floor, holding his arms, looking at the screen directly in front of the trading floor.

With the popularization of computers and the Internet, the entire European Stock Exchange uses the same software for operation. The entire trading floor is no longer the hustle and bustle of when he entered the trade decades ago.

He actually missed the golden years of that time! France is really going downhill over the years. Domestic unrest, political chaos, economic downturn, rising unemployment…

However, today’s Paris Exchange hall is still a bit lively. After the “bidding transaction” this morning, a Chinese company was arranged to ring the bell and go public.

More than a dozen financial media who live on the Paris Stock Exchange are crowding in the audience, preparing to take pictures.

The host took the microphone and announced in French: “Please ring the bell, Mr. Qin Ziheng, chairman of the sharp company.”

Bernie Augustine rubbed his bald head, watching this commonplace scene, his thoughts kept flying.

The time in the Far East is 6 hours faster than Paris time, and it is already the afternoon in the capital. The meager public opinion and hot search news have been passed over there.

As the vice chairman of the Paris Exchange, he certainly knows the news.

With the spread of the clash between the major shareholder Idaka of the Shoise Group and Bernard Arnault, the richest man in Europe, some news seemed reasonable.

One: LVMH Group suppresses the Chinese-funded Zhaoshi Group, and its market share in China has fallen. Isn’t that normal?

Second: Mr. Jing of the Zhaoze Group is a media tycoon in his country, which can influence consumers’ choices. The reputation of the LVMH Group for decades has been destroyed.

Third: Some things in the LVMH group touched certain red lines. This time it was exposed by Mr. Jing, and he couldn’t help but want public relations. The market share will continue to decline, and it is not impossible to withdraw from the Chinese market.

The thought of these news made Bernie Augustine upset.

As the vice chairman of the Paris Stock Exchange, he manages several funds and placed heavy bets on the LVMH group, a constituent stock of CAC40 in Paris. In fact, the share price of LVMH Group has never let him down, rising all the way.

He also remembered the scene of Chester Flynn, co-president of Deutsche Bank’s investment department, being interviewed by reporters in front of the Deutsche Bank headquarters before the market opened in the morning.

Reporters carrying long guns and short cannons surrounded Chester Flynn who had come out for a brief interview. A female reporter in a red jacket asked: “Mr. Flynn~www.mtlnovel.com~Is the short-selling report issued by Deutsche Bank true?”

Chester Flynn said: “Of course it is true. I have the signature of the person involved. Which media are you? Next question.”

The next question is a middle-aged reporter who speaks English instead of German. “Mr. Flynn, Deutsche Bank stated in the report that the LVMH group is not worth 140 billion euros at all, and said that the LVMH group’s stock is only It’s worth X Euros. What is your basis?”

Chester Flynn opened his eyes and said: “common, body! Didn’t you follow the news from the Chinese market? LVMH took the lead in squeezing out the Chinese-owned Zhaoshi Group, and it is about to lose the Chinese market. So, do you think it is worth it now? How much?”

The questions are going on one by one…

Just as Bernie-Augustin’s thoughts were released, the screen on the exchange hall had already shown a battle surrounding the long and short sides of the LVMH Group’s stock price: the stock price fluctuated up and down.

Funds are constantly being invested in and fierce battles are being carried out.

Then, a sudden uproar and purification disrupted Bernie Augustine’s thoughts.

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