Chapter 847: Must warn

"Good afternoon, boss!'

Seeing Xia Yu walk into his office, Toby Moulton immediately put down what he was doing, got up to greet him and smile.

'Toby, how are you feeling?'

Xia Yu smiled and said, 'How are you feeling?' He looked around Toby Moulton's office and noticed that the decor was very simple, and the bookshelves behind the desk were filled with all kinds of books, which had changed a lot since Toby Moulton first arrived.

'It's been very fulfilling. The company is very dynamic and united,'

Toby Moulton knew that his boss Xia Yu was asking him how he felt and what he thought about the company, so after a moment's thought, he said,

'That's good. With your abilities, running the company will be no problem for you.'

Xia Yu smiled slightly in praise.

Toby Moulton smiled modestly.

The white man in his forties in front of Xia Yu was the elite that Xia Yu had personally recruited for the New York branch of Jiuding Securities.

The New York branch of Jiuding Securities had long been set up and was already in operation, but Wang Qi could not possibly abandon his parent company in Xiangjiang and come to run the branch.

Although there were many talented people within the company, Xia Yu found after his inspection that they were not suitable to run the New York branch. After all, this was Wall Street, the place with the most financial industry elites in the world. Even if Wang Qi was left alone on the unfamiliar Wall Street, it would be difficult for him to gain a foothold immediately, let alone the others.

The best solution was to recruit an old hand who had been on Wall Street for many years. Not only was he outstandingly capable, he also knew the various rules of Wall Street, both the obvious and the hidden ones, thoroughly, and he certainly did not lack connections.

It was for this purpose that Xia Yu chose Toby Moulton, who had started out as a floor trader and had worked as a securities broker.

Xia Yu chose him not only because of his abilities and experience, but also because Xia Yu had an impression of him, or rather an impression of his future self.

His future self was the vice president of Bear Stearns, one of the five major investment banks on Wall Street at the time. After Bear Stearns was acquired by JPMorgan Chase, he also entered JPMorgan Chase as a senior executive.

Maybe Toby Moulton is not as good as Peter Lynch, but he is more than capable of running the New York branch of Jiuding Securities. Considering his potential, Xia Yu believes he is worth cultivating further.

After a few casual conversations, Xia Yu did not forget the real purpose of his visit.

With a smile on his face, he asked Toby Moulton, 'Toby, have you formulated a battle plan for the Philip Brothers?'

Toby Moulton heard this and suppressed the turmoil in his heart, nodding slightly and excitedly, 'Boss, I have already made a preliminary plan.'

After saying this, he returned to his desk, opened the safe embedded in the wall, and took out the implementation plan that he had pondered day and night these days.

'Boss, please take a look!'

'Mm!'

Xia Yu gave a light "mm" and took the plan, reading it carefully and patiently.

After all, Philipp Brothers was a large financial company with a market value of over 4 billion US dollars, and this was Wall Street, where giants and predators gathered. If there were any loopholes in the plan, and if someone else seized the opportunity, the risk would be huge, and Xia Yu could not help but treat it with great care.

'Give me a pen.'

'Okay.'

Without looking up, Xia Yu took the pen that Toby Moulton handed him and began making changes to the plan, making Toby Moulton, who was waiting quietly nearby, feel uneasy and wondering where he had gone wrong.

After a long time, Xia Yu turned to the last page. After reading it, he closed the proposal again and threw it to Toby Moulton, saying, 'Toby, your plan is very good, except that I have adjusted some parts. You can make a new one based on my changes.'

'Your plan is limited by funding issues. I will give you a clear hint now. You don't have to worry about the company's funding. Don't say short selling, if possible, even if you want to fully acquire Philip Brothers now, it's fine.'

'Therefore, when short selling, you can take bigger steps. In addition to Chase Manhattan Bank, Morgan Stanley, Citibank, Merrill Lynch, and Goldman Sachs, as long as other institutions are willing to bet against you, take as many short orders as you want.'

To put it bluntly, Toby Moulton was being told to avoid the giants to avoid complications.

Shorting Philip Brothers was meant to be an additional profit, not a grudge with the major financial groups. There will inevitably be battles in the future, but it is really not the right time to make too many enemies.

'Understood!'

Toby Moulton replied with a serious face.

'Let's go, show me the operations room and see the live feed.'

After giving the order, Xia Yu thought for a moment and said again, the plan is dead after all, the stock price of Philip Brothers is constantly changing.

Soon, Xia Yu and Toby Moulton arrived at the operations room together. The operations room was a busy scene, with each employee doing their own job. Even when they saw Xia Yu and Toby Moulton arrive, they just nodded and continued working.

'The real-time stock price is 27.87 US dollars per share, and the opening price today is 27.79 US dollars... The total market value is 4.173 billion US dollars.'

'Haha, it seems that many people are bullish on Philip Brothers.'

Xia Yu couldn't help but smile when he saw the real-time stock market data for Philip Brothers.

The higher the current stock price of Philip Brothers, the happier he was, which meant that more institutions would be willing to bet against it.

If financial institutions didn't have confidence in Philip Brothers, they wouldn't dare to take the risk of betting against Jiuding Securities.

'Toby, the price is still too low. Arrange for the stock price to be pushed up, preferably to above $29.'

'Before cashing out, you tell me first, and I'll tell Futures to slow down their offensive to match your stock transfer.'

Xia Yu pointed at the Philip Brothers information board and instructed Toby Moulton.

'Okay.'

...

Xia Yu spent an hour and a half at the New York branch of Jiuding Securities before leaving with a relaxed expression, once again arriving at Galaxy Fund to instruct on futures operations.

In the American futures market, the bulls led by Galaxy Fund and the bears led by Phillip Brothers were trading back and forth, fighting neck and neck in a tense battle.

However, the British futures market was showing a somewhat one-sided trend.

Facing the joint offensive of Bright Fund and Sumitomo Corporation, Barings Bank simply could not defend itself, and the differences within Barings Bank became increasingly obvious.

And Jacob Rothschild was a little dumbfounded.

'How did the islanders get involved? Bastards!'

Jacob Rothschild said angrily.

According to the situation, the newly emerged Sumitomo Corporation was like a chicken with its head cut off, acting very fiercely, quite determined to fight to the death with the short sellers.

'Jacob, we must give Sumitomo a warning. If we don't stop them, there will be big trouble. The Bahraini family is already suspicious of our people! I'm afraid the Bahraini bank will back out!'

Evelyn Locher was also annoyed and said to Jacob Locher with a serious face.

If the Bahraini bank backed out, then their two plans would fall through, which was not acceptable!

They were afraid that something would give them away and alert Xia Yu, so they didn't dare to use the power of the Rothschild family, but when it came to the islanders, they didn't need to be so cautious.