How Did I Become a God - Vol 2 Chapter 710

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On the morning of June 5th, the Paris stock market opened, and everyone involved in the Showe Group incident stared at the LVMH Group stock.

Bernard-Arnault fainted from a heart attack in the headquarters building of the LVMH group yesterday. After timely treatment, he was rescued. He was not in the company building this morning, but staring at his company’s stock price in his luxury villa.

The villa has his personal doctor and a medical team to serve him.

In a room on the first floor of the villa, Alden Gallup, his confidant in charge of this matter, is mobilizing funds and directing operations. Bernard Arnault is sitting in the lounge next to the room, and the projector displays the stock price, transaction details, and quotations of the LVMH group in the software.

Bernard Arnault sat on the sofa with a sullen expression looking at the stock price of the LVMH Group, which had turned around all the way down after an hour of fighting:

226.08 euros,

220.23 euros.

203.47 euros.

It opened for an hour and a half and fell 10%. Trading is suspended for 15 minutes.

Bernard-Arnault couldn’t help covering his heart with his hand, panting, “huh…, huh…”

“Calm, calm, Mr. Arnault, your mood fluctuates too much.” Arnault’s personal doctor hurried to Arnault’s side, calmed his emotions, and suggested: “Butler John, Mr. Arnault is not Suitable for watching the fluctuation of stock prices.”

As Arnault’s butler, old confidant for many years knows that the master will not give up, but he still persuades according to the doctor’s wishes: “Mr. Arnault…”

Arnault clenched his fists hard, leaned on the back of the sofa, and squeezed a word from his throat: “No. John, even if I die, I must watch it! I can’t tolerate losing as soon as I wake up. War. Go and tell Alden to get the stock price back at all costs.”

“According to your wishes, Mr. Arnault.” After the old John saluted, he hurried to the next room and gave instructions.

At this time, in the next room, Alden Gallup was wiping the sweat from his forehead, “Quickly, call the securities company, we have to maximize the leverage!”

At the moment it fell by 10%, there was a huge exclamation in the trading floor of the Paris Stock Exchange. Although Alden Gallup and others can’t hear it here. However, these short 10 minutes are precious time for them to mobilize funds and rearrange their strategies.

“Alden, this would be dangerous.” A trader turned around and raised concerns.

“I can’t manage this now. There are too many short-selling funds. Fuck!” Alden Gallup shouted hoarsely. This is a response under heavy pressure.

Old John opened the door and came in, just to see this scene, he saw Alden Gallup’s face was a little distorted. Before he spoke, Alden Gallup stopped him and said: “Old John, I know, I know! Go tell Mr. Arnault, I need funds, a lot of funds! At least, at least 2 billion euros. I can hold it today.”

Last night, Mr. Arnault passed a resolution on the LVMH board of directors to mobilize 5 billion euros on the LVMH group’s book and remit it to the stock account. However, the ammunition is rapidly depleted.

The LVMH group has a market value of 140 billion euros, not to say that it has so much cash on its books. After 2008, many large enterprises and high-tech companies are accustomed to keeping large amounts of cash on their books.

The three most famous are: Microsoft, Amazon, Google, and Apple. They have large amounts of funds on their books. For example, Huawei’s financial report shows that the cash on their books is about 30 billion U.S. dollars.

The LVMH Group is not a manufacturing company, and there is not so much cash on the books. About 15 billion euros. This time, 5 billion euros are used, which is the limit. Any further adjustment will affect the survival of the enterprise.

This money, coupled with the amplification of leverage, can be said to be quite terrifying, and it can create stormy waves in the stock market.

However, anyone who is familiar with the European and American stock markets knows that the number of short-selling orders can even exceed two or three times the total market value of the company.

Old John nodded, turned and left without saying a word.

Later, another 2.4 billion euros came in.

…

…

The noon sun shines on the rivers of Frankfurt, and the city is as beautiful as a garden. Deutsche Bank’s headquarters building is located on the river.

Looking at the transaction screen in front of him, Chester Flynn, the co-president of the investment banking division, laughed and said: “Enough. The share price of LVMH Group has fallen to 30%, Lily, you can call your boss now and let He got into action and talked to Arnault about a treaty for the end of the war.”

Wearing a white suit and uniform, Guo Lingyu looked at the stock price of LVMh Group, which had fallen by 30%, smiled and said: “Mr. Flynn, our boss will not take the initiative to call Bernard Arnault. This is a war initiated by them. , It is reasonable that the defeated side should take the lead in seeking peace. We should not be provoked to give a peaceful plan.”

These words made the other seven traders in the trading room look over: Very domineering! Now the situation is excellent, and the bears are swept away. Their operations can be done step by step. This gives them some free time.

Chester Flynn said with a smile, “Lily, then your 500 million euros will continue to be short? I don’t guarantee the safety of your funds after you continue to short.” During the conversation, the fangs of Bloodthirsty Capital were full.

According to the contract, he has completed his task.

If Jing Gao wants to go short, then he goes long backhand and eats up the funds. Don’t blame him for not saying hello in advance.

Because rumors are rumors after all. LVMH Group’s sales are still good. The market will eventually react. Today’s “war”, I’m afraid it has already attracted the attention of other big players. While the fundamentals of the LVMH group are still in place, the capital that buys dips and goes long may not enter the market.

Of course, this timeline will be one month or two months.

Guo Lingyu has been with Goldman Sachs for so many years, and of course he has a clear style of investment banking, saying: “No. Our funds will now be profitable and leave the market. Please order.”

Chester Flynn took a deep look at the oriental beauty and smiled slightly: “Okay.”

…

…

London.

Yu Jie, assistant to the chairman of Morningside Bank, who is petite and exquisite and has an s-curve, is directing her team to hunt LVMH in the stock market.

“Sister Yu, there seems to be more funds from multiple sources,” said a trader.

Yu Jie, dressed in an office OL outfit, said with a spring breeze: “No matter, smash it down.” While speaking, he operated the laptop in front of her. A sum of money was immediately injected from the Bank of East Asia UK branch into the stock trading account.

“Sister Yu, I need funds here!”

Yu Jie clicked on the computer again, stood up after the operation, stretched out comfortably.

There is no stock price that can’t be beaten by a stick. If so, then have another stick.

…

…

The Paris Stock Exchange will not be closed at noon, but will continue to trade. At two o’clock in the afternoon, the Pinot family of the Kering Group announced a news at a specially held press conference.

“LVMH, the core brand of the LVMH Group, used several foundries from China in its quantitative version of handbags in 2017. At least 50% of handbags did not meet the advertised leather standards. Instead, they reduced it by one. Grade. Then just print a limited edition logo on the handbag and sell it to the public. Our Kering Group strongly condemns this behavior and calls on the entire leather industry to investigate this and urge LV to correct it.”

Dozens of reporters who attended the press conference were shocked by the news.

A reporter asked: “Mr. Pino, is your news true and reliable? After all, slander…”

The influence of the Arnault family in France is not covered. The reporter present was helping him speak.

After Pino announced the news, he didn’t plan to be interviewed at all. His identity is the head of the Kering Group, not the head of the public relations department facing the media. He lowered his head and approached the microphone, and said a word to interrupt the reporter, “I’m waiting for Arnault’s lawyer’s letter!” As he said, he got up and left.

The press conference held in the media hall of the Kering Group swept across France like a tornado. The share price of LVMH Group is falling almost at the same time.

According to Pino’s allegations, this will be a crisis for the LV brand. If a luxury brand cannot be noble, extravagant, and maintain its style, it will be fatal to its brand image.

However, Pino, the CEO of Kering Group, personally held a press conference to announce the news. This is almost overwhelming the reputation of the Pino family. High probability is not false.

The huge waves set off by this news are surging and surging, and the Paris stock market is in a mess. I don’t know how many fund managers and traders involved in the LVMH group stock trading are forced to stand.

The huge amount of funds provided by Jing Gao has been secretly contributing to the flames!

At five o’clock in the afternoon, half an hour before the close of the Paris stock market, the stock price of LVMH Group was fixed at 183.69 euros. Tumbled 18.75%.

The second time limit.

The setting sun was crumbling on the horizon, and the setting sun was like blood, giving way to the villa of the Bernard Arnault family in the wealthy area of ​​Paris, seemingly cast a gloomy shadow. The top of the tall tower and the main body of the villa are reflected in the woods by the roadside, and the shadows are fragmented.

There was silence in the “trading room” on the first floor of the villa. Everyone was stunned and looked at their respective computer screens ~ www.mtlnovel.com ~ another drop limit.

They fought for it for two days and two nights, and it turned out to be like this…?

Alden Gallup ignored the demoralized men and walked out of the room desperately, with Old John guarding the door of the next room.

Old John already knows the latest news: the stock limit has fallen. But he conscientiously blocked Alden Gallup, who was a little confused, “Dr. Harold administered medicine to Mr. Arnault at noon, and his mood swings were too severe, which was not good for his health.

Now Mr. Arnault is still asleep and not awake. Alden, you need to wait a moment if you want to report to Mr. Arnault. ”

Alden Gallup was obviously distracted. “Oh, what did you say? Okay!” He turned and walked two steps before turning around, “Old John, please say to Mr. Arnault for me: I’m sorry.”

Old John looked at the back of Alden Gallup leaving, suddenly feeling somewhat inexplicably sad.

He quietly pushed open the door, inside which Arnault was now sound asleep. He was also in a daze for a while. When Mr. Arnault wakes up, will he accept this result?

he does not know!

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