Chapter 143 Unscrupulous Propaganda, Shorting Ford
Chapter 143 Unscrupulous Propaganda, Shorting Ford
Kong Yongzhi left in high spirits.
Less than ten minutes later, he hurriedly returned to Song Wenchang's office.
As soon as the door closed, before Song Wenchang could speak, she plopped down opposite him and said, "Wenchang, I feel there's something wrong with this."
"Have you thought about what would happen if another accident occurred?"
"The reason Lin Yi has become so troublesome is because we were careless before."
“He thwarted your deal with Wynn, but you didn’t do anything to him.”
"At first, I didn't pay much attention to the matter at the metallurgical plant, thinking that he would eventually back down."
"But as a result, by the time we wanted to take action against him, it was too late, which led to the current situation."
Seeing Song Wenchang's brows slowly furrow, Kong Yongzhi, who had been leaning forward, leaned back: "Just waiting is not an option; some changes are beyond our control."
"What if things don't go as we wish?
After listening to Kong Yongzhi's analysis, Song Wenchang nodded and then asked, "But what can we do now?"
"Find a way to get rid of him."
"Even if there's no opportunity to take action right away, we still need to make arrangements for this in advance."
"Perhaps the opportunity will arise at any time."
Kong Yongzhi shared his thoughts: "Besides, isn't he doing business in Sichuan and Guangdong provinces?"
"We can also try to find solutions in these two places."
“Local warlords like Liu Yuanfu and Chen Bonan would focus on the big picture, but others might not.”
"With a real industry right in front of us, I don't believe no one will be tempted."
Hearing him say that, Song Wenchang's expression became lively: "That makes sense."
Just as they entrenched themselves in Jiangsu and Zhejiang, each local power also had interest groups behind them.
Just like Sichuan Province.
Although there is very little industry, the population is large enough that commerce is still very developed.
Where there's profit to be made, how could the local bullies not have some designs on Lin Yi's move to such a place to develop industry and make a fortune?
This is the contradiction.
Having a conflict of interest with Lin Yi means that they can be brought together.
If everyone works together, we'll definitely make it impossible for this guy to move an inch!
Having thought this through, he rubbed his hands together and stood up: "Let's do it this way. I'll be in charge of Guangdong Province."
Kong Yongzhi glanced at him, too lazy to argue any further: "Then I'll send someone to Sichuan Province. If you have any connections, don't keep them to yourself."
"Is introducing the Yang family of Juxingcheng enough?"
Song Wenchang said with a smile.
Juxingcheng Bank is the largest bank in Sichuan Province.
The Yang family were also prominent figures in the Sichuan business community.
"Hehe, then I really have to ask you for help, Wenchang."
Kong Yongzhi said something indifferently, tied up the knot that had been undone at some point, and got up to leave.
He knew the Yang family too...
Time flies.
People rest, but the vehicles never stop.
Two test vehicles completed 10,000 kilometers of road testing in just over twenty days.
There wasn't anything seriously wrong, it's just that the tires were worn out too much.
Tires without synthetic rubber and nylon are not qualified tires.
Considering the market prospects of Changyi Tires, the large-scale promotion of the Beetle finally began.
Warm it up on the newspaper first.
Then came the glass house exhibition of the actual vehicles.
In just half a month, it has become the hottest topic in the car manufacturing industry.
Lin Yi, who was still busy, had no idea how Ford would react to being criticized.
However, the publicity strategy has already been set and will not change due to the opponent's reaction.
As for Ford imitating them, there's no need to worry.
They are all American companies, so the patent law is not just for show.
The appearance is also unacceptable.
Ford designing a similar car on its own is not something that can be done overnight, let alone whether the market will accept it.
So, with the first-mover advantage in hand, not only was Lin Yi not worried, but the Dodge Brothers' management also did not consider this a potential problem.
Everything is proceeding smoothly.
The promotion offering a $100 discount for every dollar ordered has already been launched.
Meanwhile, Lin Yi's efforts to promote Huaxia finished fabrics have also made good progress.
Tony set up a dedicated import/export company to handle this business, so Lin Yi didn't have to worry too much about the specific sales.
All he did was use all the advertising space that had been set up last year and start promoting the advantages of Chinese finished fabrics compared to Japanese goods.
Whether it's telling the truth or making something out of nothing, it's all good.
In short, step on it as much as you can.
He was very adept at using the propaganda strategy of "three men can make a tiger".
He had already planned it all out. Once the hype had built up, he would contact a few garment companies to promote the superior quality of Chinese finished fabrics from another angle.
Then, add a label that the raw materials are made in China, and invite a few popular celebrities to promote it, and you can initially form a complete impression on Americans.
If you add a scandal to Japanese goods, the whole thing will be complete.
In short, as long as he doesn't compromise on principles, he's confident he can drive Japanese goods out of the US market...
Ford's stock price has fallen by two points.
With the Dodge Beetle's market launch imminent, Tony's biggest concern lately has been the reaction from the capital markets.
He felt he was too conservative after shorting the stock price of Sothink.
This time, Lin Yi was leading the way again, and he still appeared very confident.
In addition, since the pre-sale began, Dodge Brothers' stock price has been rising continuously in just a few days.
Although the magnitude is small, it can still reflect market trends to some extent.
So he made a big decision this time and raised 60 million.
Unfortunately, Lin Yi was not satisfied with the three times leverage offered by the institution and had not agreed to build a position at this time.
Now that I think about it, that drop of just two percentage points has already cost him a lot of potential profits.
This made Tony very anxious.
"So Lin, I think we have to take action. If it falls any further, the losses will be too great."
"The leverage is too low; it must be five times."
"Otherwise, we would suffer even greater losses."
Lin Yi shook his head again. Seeing that Tony was about to speak again, he raised his hand to interrupt him: "Tony, there is a famous Chinese saying, 'Haste makes waste.'"
"So please calm down."
"But those stock firms made it very clear that three times leverage is already..."
That's because they're not optimistic about Ford's stock price either.
"So we have to wait for Ford's stock price to rise, and then they will soften their stance."
Lin Yi interrupted him again: "If you're already paying attention to the fluctuations in Ford's stock price, then of course the people at Ford are paying even more attention. Guess what they'll do next?"
"...Stabilize the stock price?"
"Not enough, they will push it up."
As he spoke, Lin Yi laughed: "Besides secretly purchasing them, they will definitely also take action in product promotion. Whether it's true or false, they won't just sit idly by and wait to be killed."
"At that time, those institutions will definitely give in."
"That's when we should make our move."
Tony squinted, quickly calculating in his mind, and said with some concern, "If this can work, isn't it very dangerous for us to short their stock?"
Lin Yi glanced at him: "Don't worry, the data will bankrupt their propaganda campaign."
In just three days, over 1,300 deposits have been placed in York City alone—that's the source of Lin Yi's confidence...
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