How A Ride-Hailing Driver Comes To Dominate The World? [EN]: Chapter 592

Doing Short Selling on Apple Company?

That’s absolutely a big joke.

Apple phones are the best-selling phones in the world, and new models are about to be released.

Short selling Apple at this time is definitely a stupid thing and impossible to succeed.

Lu Haoming smiled and said, “General Yang, don’t scare me! I’m timid. If you scare me, you will be responsible.”

“Haha…” Lu Haoming’s entourage laughed in unison.

Yang Chen stretched, twisted his neck, and said, “I don’t bother to talk nonsense with you, just pass my words to Cook. Xiaoming, are you leaving?”

Wang Nianming: “Let’s go. It’s almost dinner time, I’ll treat you to dinner. Let’s go.”

Yang Chen nodded with a smile and left the mall with Wang Nianming.

“Boss Yang wants to short sell Apple.”

The news quickly spread among the customers watching the excitement, and soon there was news on Weibo [a popular Chinese social media platform] and other platforms.

After all, Yang Chen is the focus of the world recently, and everyone is watching his confrontation with Wall Street.

Therefore, as long as it is news related to him, it will soon become popular.

Netizens rushed to leave comments.

“I’ll go, Boss Yang is really busy these days! He has been on the hot search list.”

“Short selling Apple? No way? How can Apple be shorted? With the world’s best-selling mobile phone as a backing, who can successfully short it?”

“It is impolite not to reciprocate. Are only Wall Street allowed to short sell us, and we are not allowed to short sell American companies? Boss Yang did a great job. We have to be so tough.”

“Offense is the best defense. Blindly defending will only make them more aggressive. A well-timed counterattack can make them recognize their true strength.”

…

Yang Chen’s short selling of Apple was not to get angry with the Lu family and his daughter; it was just a coincidence.

Because the sales of Longwei mate60Pro are so popular and supported by the government, it is certain that this mobile phone will be a hit in Long Country [China] and even the world.

There are only three brands of high-end mobile phones in the world.

Longwei, Apple, and Two Stars [Samsung].

When Longwei’s chip didn’t have problems a few years ago, its market share in the global mobile phone market had exceeded that of Apple, becoming the world’s number one. Then a series of changes occurred the following year, which led to Longwei mobile phones being suppressed in recent years.

Now that the chip problem has been solved, the power accumulated over the past few years should explode.

It is certain that Longwei mobile phones will gradually regain lost ground around the world.

However, the high-end market is relatively fixed. When Longwei was suppressed, the market was taken away by Apple and Two Stars. Now that Longwei is making a strong comeback, it will naturally have to take back part of the market from Apple and Two Stars.

Apple’s current stock price reflects Apple’s sales performance in the global market in the past few years when Longwei mobile phones were suppressed. Now it is foreseeable that Apple’s mobile phone sales will definitely decline significantly compared with the previous years, so the stock price will also fall with the decline in sales.

This is the reason and confidence for Yang Chen to short sell Apple. It’s just that the Lu family and his daughter ran into the gun.

The news that Yang Chen was going to short sell Apple quickly spread to the US market, instantly detonating Wall Street and

2）第592章 星辰投资，摩根大通，Satori，做空水果公司_我一个网约车司机有点钱怎么了？ [Chapter 592: Xingchen Investment, JPMorgan Chase, Satori, Shorting Apple Company – What’s wrong with me, a ride-hailing driver, having some money?]

American technology circles.

Their move was regarded as a retaliatory act against Wall Street’s short selling of Long concept stocks, so most people just regarded it as a joke. They didn’t think anyone could successfully short sell the world’s number one mobile phone brand.

However, there are two companies that don’t think so.

The first is the famous JPMorgan Chase.

The second is a hedge fund called Satori.

These two companies also believe that Apple’s market share will definitely be taken away by Longwei’s mate60Pro, which means that Apple’s financial report this year will definitely be worse than the past three to four years, and the stock price will definitely fall.

Originally, these two companies had to take into account the feelings of the American people and were embarrassed to announce that they wanted to short sell Apple.

But now it’s different. Yang Chen was the first to release the news that he was short selling Apple, and they could follow suit and fish in troubled waters.

As soon as they said they would do it, JPMorgan Chase and Satori immediately called up analysts and traders overnight. They had to prepare a short selling report and other short selling preparations before the US stock market opened.

Because they want to release short orders before Xingchen Investment takes action. The earlier the short orders are released, the higher the price will be, and the more price difference they will earn.

After all, the capital market still has a certain fear of Xingchen Investment, and Apple’s stock price will definitely fall after the market opens.

At this time, Yang Chen and Wang Nianming had just finished eating and came out.

“Brother Chen, what are you going to do later?” Wang Nianming asked.

Yang Chen: “I’m going to Xingchen Investment to keep an eye on them preparing the short selling report.”

Wang Nianming: “Okay! Brother Chen, what is the probability of success this time? I’ll do it with you.”

Yang Chen: “When I take action, the probability of success is of course 100%. Is there any need to ask?”

Wang Nianming: “Haha… That’s right. Then I’ll put all my assets into it and make a fortune this time.”

Yang Chen: “Then open short orders for Qualcomm, Nvidia, and Intel. The downside of Apple is limited. After all, Apple phones are indeed the best-selling phones in the world. However, the downside of Qualcomm, etc. is very large, because Longwei and other domestic manufacturers will completely stop purchasing their chips from 2024. Longxin International has just mass-produced 3nm light quantum chips and will soon officially announce it. These are huge blows to those chip companies. The Long Country region’s annual chip market of 2.4 trillion has nothing to do with them. Their stock prices must continue to fall in order to reasonably reflect their performance. Foreign investors are more rational and everything speaks for performance. Therefore, I will short sell these four companies at once this time. You can do a little bit with it, but not too much. If the US freezes your account, you may not even get your principal back.”

Wang Nianming: “Understood. I’ll just play with 10 million US dollars so they don’t notice me. Thank you, Brother Chen. I’m going to grab the 60Pro right away and arrange one for you.”

Yang Chen: “No need, President Ren’s youngest daughter is coming to Hai City tomorrow and said she will bring me one. Just play by yourself, don’t tell others.”

Wang Nianming: “Brother Chen, don’t worry, I’m very clear-headed and won’t do stupid things. Then Brother Chen, go ahead and get busy. I’m going to find my friends

3）第592章 星辰投资，摩根大通，Satori，做空水果公司_我一个网约车司机有点钱怎么了？ [Chapter 592: Xingchen Investment, JPMorgan Chase, Satori, Shorting Apple Company – What’s wrong with me, a ride-hailing driver, having some money?]

That’s it.”

Yang Chen nodded and waved goodbye to Wang Nianming.

Yang Chen went to Xingchen Investment, and Wang Nianming went to play with his new girlfriend.

…

As soon as Yang Chen walked into Xingchen Investment, the employees immediately stood up excitedly to greet him.

“Hello, President Yang, you’ve become more handsome again.”

“It’s more than just handsome. I think President Yang doesn’t seem to age at all. I’m about the same age as President Yang, but I’m obviously older, with loose skin and dull complexion, but President Yang has hardly changed in the past few years.”

“President Yang, what skin care products do you use? Please introduce them to us!”

…

Yang Chen joked: “Why are you insulting me? Do I need skin care products? I’m naturally beautiful, do I need that stuff?”

“Haha…” The whole place burst into laughter.

Jin Ming ran over and said, “Hello, President Yang. Everyone, that’s enough, hurry up and prepare the report on short selling Apple.”

Yang Chen: “Huh? I just came here and haven’t said anything serious yet, and you are already preparing the report on short selling Apple in advance?”

Jin Ming: “You’re already on the hot search list, how could we not know? I know your temper, you will definitely do it if you say so. So, it’s never wrong to start preparing in advance.”

Yang Chen gave a thumbs up and said, “That’s why I have always been very relieved about you.”

Jin Ming smiled happily.

Yang Chen: “Everyone should not only prepare the short selling report on Apple, but also Qualcomm, Nvidia, and Intel. The Apple report highlights two points. First, Longwei 60Pro will seize the high-end market, and Apple phones are expected to reduce shipments by 10 million units. Second, Apple’s new mobile phone has no innovation. In today’s era when consumers are more rational and have more choices, the sales of the Apple 15 series will definitely not be good. You can use the remarks of Max, JPMorgan Chase President, etc. to prove this point. Foreigners don’t recognize us, but they should recognize their own people. As for Qualcomm, Nvidia, Intel, etc., the reasons for short selling these companies are the same. First, these chip giants are about to lose almost the entire Long Country’s annual chip market of 2.4 trillion. Second, Longxin International has mass-produced 3nm quantum chips and will soon officially announce it and officially supply it to global customers who have signed contracts. I have given you the reasons for short selling, and the rest depends on your writing skills and usual accumulation.”

Jin Ming: “Did everyone hear clearly?”

“We heard clearly!” Everyone replied in unison.

Jin Ming: “Okay! Everyone, get busy. I’ll go in and talk about other work with President Yang. President Yang, this way please.”

Yang Chen: “Everyone, work hard and strive to successfully short sell before the holiday. In addition to the year-end bonus that everyone should have, I will personally give out an extra big red envelope. Come on!”

“Thank you, President Yang!” Everyone shouted excitedly.

Working under Yang Chen, hard work is always rewarded, and even the rewards received are more than what they put in.

Unlike some garbage companies and bosses who only require employees to have a wolfish culture but do not give corresponding wages, those bosses are really shameless.

Yang Chen followed Jin Ming into the office.

Originally, Jin Ming was going to hold the year-end summary meeting the day after tomorrow, but now Yang Chen temporarily wants to short sell Apple and other companies. In order not to distract the employees, the year-end summary meeting will be arranged on the 29th of the lunar year [Chinese New Year’s Eve].

The company has already bought air tickets or high-speed rail tickets for employees who are from other places and want to go home for the New Year to ensure that they can go home and watch the Spring Festival Gala [a popular Chinese New Year’s Eve television special] with their families.

For employees in remote areas with inconvenient transportation, Jin Ming has also contacted the local Xingchen Defense branch to have them pick up employees from the airport or high-speed rail station and send them home.

Yang Chen nodded with satisfaction and said, “Okay. I said I can completely trust you to do things.”

Jin Ming: “I get paid a lot, so of course I have to try my best to do it well, otherwise what if I get fired by the boss?”

Yang Chen: “Haha… It’s all what you deserve, there’s no such thing as high or low.”

At this time, a message popped up on Jin Ming’s computer.

“The Long Country government requires civil servants to prohibit the use of foreign brand mobile phones such as Apple during working hours to prevent work information from being leaked, etc.”

Jin Ming: “Wow, President Yang, look quickly, good news is here.”

Yang Chen looked at it and said with a smile: “This news came in a timely manner.”

Jin Ming: “Do you think it is possible that the leader saw that you were going to short sell Apple phones and deliberately cooperated with you? Some departments did advocate that civil servants should not use foreign-funded brand mobile phones such as Apple, but they did not require it in the form of an order. Now it is clearly required in the form of a policy order, which is very different.”

Yang Chen: “No matter what the reason, we can just take it over as an argument for our short selling report. This time, even gods can’t save Apple. I have to eat at least 10 points of short selling profit. You keep an eye on everyone and be sure to release the short selling report before the US stock market opens. The faster we are, the more price difference we will get. And according to my estimation, some people on Wall Street will definitely follow us to short sell Apple. We must ensure that we are faster than them.”

Jin Ming: “Okay.”

Yang Chen: “I won’t leave today. I’ll stay and watch the market at night. Ask someone to order Latte with Moutai [a popular Chinese liquor] to relieve everyone’s fatigue. Confirm the number of employees who need to work overtime at night and call Tang Ge to deliver dinner.”

Jin Ming: “Okay. I’ll do it right away. Why don’t you lie down for a while?”

Yang Chen nodded and went to Jin Ming’s sofa bed to sleep for a while.

It’s good to have more assets. The food, drinks, and supplies are all products produced by his own company.

When Baoshitai [a car company] is reorganized and can produce new cars, arrange Baoshitai cars for everyone. Food, clothing, housing, and transportation are all products of Yang Chen’s company.

At this time, the news that civil servants were prohibited from using Apple mobile phones spread on the Internet.

Netizens came to eat melons [watch the drama] again.

“There are really a lot of melons these days, and they are bigger than the other. I’m so full, there can’t be any more big melons, I can’t eat them.”

“I don’t believe that this wave of bans is not to cooperate with Boss Yang to short sell Apple. Or maybe it’s partly to pave the way for Longwei’s mate6Pro.”

“No matter what the reason, this is a good thing. Our companies are bullied outside every day, and they should also taste the same feeling. I think it’s not thorough enough, it should be completely banned.”

…

Soon, Cook received the news that Xingchen Investment was going to short sell Apple.

He immediately called Lu Haoming, President of Apple’s Long Country region.

Cook: “Mr. Lu, I hope you immediately go and have a good talk with Yang Chen and be sure to persuade him not to short sell our company. Understand?”

Lu Haoming: “Um… Mr. Cook, I’m very sorry, I can go talk to him, but I definitely won’t be able to reach an agreement.”

Cook: “Why?”

Lu Haoming was embarrassed and couldn’t say anything.

Cook was also an old fox and immediately realized that something was wrong.

“Mr. Lu, I hope you can tell me the truth, what happened? Yang Chen suddenly wants to short sell our company, something must have happened over there. Tell me the truth quickly, don’t force me to investigate myself, otherwise you won’t be able to bear the consequences!” Cook said anxiously.

Lu Haoming had no choice but to confess honestly.

After listening to Lu Haoming’s words, Cook was furious and cursed: “Are you out of your mind? I have to be polite to him when I go to him, why are you so tough with him? Do you think you are better than me?”

Lu Haoming: “No, no, I don’t mean that, and I don’t have that idea. But I think since our chip problem has been solved, there is nothing to be afraid of. After all, our mobile phone has the highest global market share, why should we be afraid of him?” Cook: “But Longwei released a new mobile phone in advance, and the market response is very good. Consumers all over the world are rushing to buy it. Can’t you see these news? The global high-end mobile phone market only has Apple, Longwei, and Two Stars. If Longwei sells well, it means our market will be taken away. Our sales will decline, and the stock price will definitely fall. Yang Chen has Xingchen Investment, and he has successfully short sold oil and banks before. Can’t he see that our stock price has room for short selling?”

Lu Haoming: “But isn’t his attention being held back by the Wall Street short selling alliance? He doesn’t have time to short sell us. He just feels embarrassed and is just saying harsh words in public to save face. Mr. Cook, don’t worry, he definitely doesn’t have the time and energy to short sell Apple.”

Cook: “Fuck! You are so stupid! If he wasn’t sure he was going to short sell our company, do you think the Long Country government would issue a ban prohibiting civil servants from using foreign brand mobile phones such as Apple during work? Isn’t this obviously a ban issued to cooperate with Yang Chen’s short selling of Apple?”

Lu Haoming didn’t know how to respond to Cook’s words for a while and could only remain silent again.

Cook knew very well that Apple’s stock price at this time could not withstand targeted short selling.

Especially since Yang Chen is now so angry with the Wall Street short selling alliance that he has nowhere to vent his anger, Apple is likely to become the object of his venting.

In a word, no matter what method is used, Yang Chen must be persuaded not to short sell Apple.

When the company’s stock price slowly 回调 [readjusts] to a reasonable position, it will not be able to be shorted.

“Lu, I’ll say it one last time, no matter what method you use, you must persuade Yang Chen to give up short selling our company’s stock, otherwise you will resign!” Cook said very seriously and immediately hung up the phone.

Lu Haoming held the phone and stared blankly for a while, then sighed and muttered to himself: “It’s over…”

At this time, his daughter Lu Xiaoyue called him again.

Lu Xiaoyue: “Dad, woo woo…

6）第592章 星辰投资，摩根大通，Satori，做空水果公司_我一个网约车司机有点钱怎么了？ [Chapter 592: Xingchen Investment, JPMorgan Chase, Satori, Shorting Apple Company – What’s wrong with me, a ride-hailing driver, having some money?]

You come and help me, I was beaten by Wang Nianming. Woo woo…”

Lu Haoming: “What’s wrong again? Why did Wang Nianming beat you?”

Lu Xiaoyue: “I don’t know, you come quickly. Woo woo…”

Lu Haoming: “Sigh… Where are you?”

Lu Xiaoyue: “Here at Henglong Plaza.”

Lu Haoming: “Got it. I’ll go over now.”

Hanging up the phone, Lu Haoming hurried to find his daughter.

The only way to persuade Yang Chen to give up short selling Apple stock is to take his daughter to apologize.

Keeping his job is the most important thing, so he will put the face problem aside for the time being, and it can even be said that it is no longer important.

Soon, Lu Haoming came to Henglong Plaza and found Lu Xiaoyue, who was arguing with Wang Nianming and others.

Seeing her father coming, Lu Xiaoyue immediately gained confidence.

However, she still used the old method, first crying in her father’s arms for a while, and then following behind her father to show off her power.

“Woo woo… Dad, you have to stand up for me, so many of them are bullying me.” Lu Xiaoyue said crying.

Lu Haoming was a little impatient and said, “Why did you conflict with them again?”

Lu Xiaoyue: “I ran into them when I came to buy something. Wang Nianming said that Yang Chen has already started short selling Apple, and you will soon be scolded by Cook on the phone. He said that about you, how could I be willing? I definitely have to fight back against him.”

Lu Haoming was also helpless. Wang Nianming was right. He was indeed scolded by Cook just now.

Wang Nianming walked over with a smile and said, “President Lu, your daughter is really arrogant. I just said that Cook will definitely call and scold you, and she yelled at me. You are so used to her, have you ever thought about whether you can afford the consequences? Has Cook already called and scolded you? Did he ask you to take her to apologize to Brother Chen?”

Lu Haoming was speechless and looked helpless.

Wang Nianming: “You don’t need to waste time looking for Brother Chen. I have already called him. In any case, he will not show mercy to you this time. Lu Xiaoyue, when your father is fired, I’ll see if you dare to be so arrogant. I have something urgent to do today, so I won’t bother with you for the time being. However, I’ll remember you, just wait and see.”

After saying that, Wang Nianming left with the people around him.

Lu Xiaoyue shouted at him: “Tch! Who are you scaring! If you have the ability, do something to me now! Who can’t say harsh words! Tch…”

Lu Haoming was already a little impatient and said, “Okay, stop talking. I told you this morning not to be too arrogant outside, why can’t you listen? Tell me yourself, how many things have you caused outside in the past two years? Every time you ask me to clean up the mess for you, are you embarrassed?”

Lu Xiaoyue: “Why am I embarrassed? You are my dad, if I am bullied, shouldn’t you come forward to protect me?”

Lu Haoming: “But some things are because you are too arrogant. Originally it was a small matter, but you have to make things very serious and unmanageable step by step.”

Lu Xiaoyue: “Woo woo… You don’t love me anymore. I’m going to find my mom. Woo woo…”

“Enough! Be quiet!” Lu Haoming roared with all his strength.

Everyone around looked over, and Lu Xiaoyue was immediately frightened.

She never thought that her father would roar at her like this, and she couldn’t accept it for a while.

Lu Haoming pulled Lu Xiaoyue away, and Lu Xiaoyue quickly asked: “Dad, where are we going? I still want to go shopping with my friends.”

Lu Haoming: “What shopping? Come with me to Xingchen Investment to find Yang Chen and apologize to him.”

Lu Xiaoyue immediately broke free from her father’s hand and said, “Why? Why should I apologize to him?”

Lu Haoming: “Not only you have to apologize, but I also have to apologize. In short, we must persuade Yang Chen to give up short selling Apple, otherwise I will be fired. Do you know why now?”

Lu Xiaoyue was distracted for a few seconds, and then asked: “Then will he listen to us? If he doesn’t listen, isn’t it a waste of time for us to go to him? And he will definitely take the opportunity to humiliate us.”

Lu Haoming: “So what? Even if he beats us, we have to go to him.”

Lu Xiaoyue: “Dad, actually… I think, if it is destined that we can’t persuade him and we will be humiliated by him, we might as well not go. Anyway, the result is destined, why be humiliated by him?”

Lu Haoming: “…”

Although it is really annoying to hear Lu Xiaoyue say such things at this time, the truth is indeed the truth.

If you know that you can’t convince Yang Chen and you may be humiliated by him, you might as well not go.

But!

She can think that way, but her father can’t think that way.

After all, he is the president of Apple’s Long Country region. Can this job be given up so easily?

“Stop talking nonsense and honestly come with me to find him. Remember, the attitude must be better. If I am fired, your good days will be over. Our family’s newly bought house has a monthly loan of more than 50,000, and if we can’t pay it, we will have to live on the streets.” Lu Haoming warned.

Lu Xiaoyue was instantly frightened and said that she must not live on the streets.

In fact, with their family conditions, if they lived in ordinary commercial housing, buying three or five sets would not be a problem, and they could live comfortably.

But that’s how people are, they always want better things.

If they have the ability to buy 3-5 sets of ordinary housing, they will want to live in villas and better houses.

Therefore, there are so many foreclosed houses now, and many of them are people who are greedy for pleasure and too optimistic about their future.

For example, with their ability, they are only worthy of living in old and dilapidated second-hand houses, so that the family can live relatively easily.

But he insists on having a new large flat, and the savings of several generations are drained and he has to take out a loan.

Once something happens, they will have to live on the streets.

Lu Haoming has no sense of crisis about his future. He was still high-spirited in the morning, but now he is starting to worry about where he will live next.

The father and daughter came to Xingchen Investment.

Lu Haoming explained his identity and purpose to the front desk, hoping she could pass it on.

The front desk said with a smile: “I’m sorry, President Yang has ordered that he will not see you.”

Lu Xiaoyue: “You didn’t report it, how do you know he won’t see us?”

The front desk: “President Yang guessed that you would come to him and ordered in advance. President Yang also asked me to tell you that adults must bear all the consequences for their actions. If you do it, you must bravely bear the consequences regardless of whether it is right or wrong. Don’t come to apologize when you see that the situation is not right. That is not the quality that an adult should have. Please go back, you two, I won’t call the security guards up.”

Lu Xiaoyue angrily slapped the table and said, “You are just a broken front desk, what are you showing off?”

Lu Haoming slapped her in the face and said, “Did I warn you to be polite and not to talk nonsense again? Why can’t you understand?”

Lu Xiaoyue: “You… you hit me! I… I’m going to tell my mom. Woo woo…”

Lu Xiaoyue wanted to run, but Lu Haoming grabbed her back.

“Did I say you can go? If you can’t persuade President Yang to give up short selling Apple today, you can’t go anywhere!” Lu Haoming said angrily.

Then Lu Haoming said to the front desk lady: “It’s okay, we’ll wait here for President Yang to come out.”

The front desk lady: “You don’t need to waste your time here. President Yang can’t see you.”

Lu Haoming: “It’s okay, we’ll wait, wait…”

The front desk lady: “Okay, then it’s up to you. However, don’t wait at the door of our company, please move aside a little.”

Lu Haoming nodded awkwardly and pulled his daughter to wait next to the elevator.

At this time, Yang Chen was leading the short selling team’s employees to urgently produce the short selling report on Apple.

Unknowingly, it was seven o’clock, and Tang Ge delivered dinner.

Yang Chen took everyone to eat dinner urgently, and then continued to fight.

The Lu family and his daughter at the staircase outside were hungry, and Lu Xiaoyue couldn’t bear it anymore and said, “Dad, let’s go eat. Okay?”

Lu Haoming: “If you don’t see Yang Chen, you can’t go anywhere!”

Lu Xiaoyue: “But I’m so hungry. Why don’t I go eat, you wait here, and I’ll bring you some back later. Is that okay?”

Lu Haoming nodded and waved his hand helplessly.

Lu Xiaoyue was granted amnesty and quickly got up and ran away.

After nearly ten hours of hard work, Xingchen Investment finally finalized the short selling report.

Then they released this short selling report on all domestic and foreign social accounts of Xingchen Investment.

At 9:30 in the evening, the US stock market opened.

Xingchen Investment immediately released short positions in Apple, totaling 500 million shares.

Apple’s current stock price is 197 US dollars per share, which means that this batch of short orders is worth as much as 98.5 billion US dollars.

JPMorgan Chase and Satori also released short orders worth 10 billion and 5 billion US dollars respectively.

Including short orders from other small institutions and individuals, there are approximately 130 billion US dollars worth of short orders in total.

The current total market value of Apple is 3.079 trillion US dollars, so this amount of short selling is not much, but the release of Apple 15 is imminent, and short selling at this time is extremely insulting to them.

Subsequently, JPMorgan Chase and released their short selling reports on Apple one after another.

Although these two are Wall Street capital, they are more ruthless than Xingchen Investment when short selling.

After comprehensive analysis, Xingchen Investment expects that the shipment volume of Apple 15 will be 10 million units less than that of 14.

However, after some analysis, these two companies expect that the shipment volume of Apple 15 will be 40 million units less than that of 14.

You should know that Apple’s annual sales volume in Long Country is only more than 40 million units. If calculated according to the estimates of these two companies, it means that Apple has almost lost the entire Long Country market.

If this data is given by some miscellaneous company, no one will believe it.

But the fatal thing is that these data are given by the world-famous JPMorgan Chase and famous hedge funds, and others can’t find a reason not to believe it.

Stimulated by the three-point short selling report of Xingchen Investment, JPMorgan Chase, and , Apple’s stock price directly fell by 4.7%.

Don’t think that 4.7% looks small, the companies of Big A [Chinese stock market] will directly fall by -10% to the limit.

You should know that Apple’s market value is 3 trillion US dollars, and a drop of 4.7% is equivalent to a market value reduction of 140 billion US dollars.

140 billion US dollars converted into Long Country currency has exceeded one trillion. There are only 9 companies in the entire Big A with a market value of over one trillion. The market value of China Merchants Bank, BYD, and other companies will just exceed one trillion. This means that Apple’s stock price fell directly to a Big A company like BYD or China Merchants Bank not long after the market opened.

Cook looked at the downward trend of Apple’s stock price and couldn’t help but slam the table and cursed: “Damn Lu Haoming, this is all his fault!”

Subsequently, the angry Cook called Lu Haoming, who was guarding the elevator entrance outside Xingchen Investment.