nycdaug Chapter 813 Drug War
Chapter 813 Drug War
After seeing Lin Tianbao off, Chen Yang leaned back in his chair and tapped the table lightly with his fingers.
Everything was going as he had designed.
The Jews tried every means to lower the price of penicillin in order to obtain the drug sales rights from Chen Yang.
Just because this drug has a bad reputation in Shanghai doesn't mean it won't work in other places.
Get funds from the middle class in Shanghai.
Get the drug sales rights from Chen Yang.
Establish contact with the Soviets and engage in long-term trade cooperation.
Killing three birds with one stone, this is the purpose of the Jewish consortium doing so many things.
Chen Yang was waiting for the Soviets to come to Shanghai not for the US dollars in their hands.
He wanted to exchange medicine for oil.
Shell could no longer be relied upon. Even if they could ignore the British attitude and transfer Indonesian oil to the Japanese for use, they would not be able to gather $100 million worth of oil in a short period of time.
Now, only the Soviet Union, which has not yet entered the war, has large quantities of oil.
If you ask them to use money to buy medicine, they may hesitate, but if you exchange medicine for oil, I believe they will still be very interested.
In particular, the Soviets knew that the Japanese took the oil in order to beat the Americans, and the loving father must have been very happy to see this scene.
In the next few days, the situation in the Shanghai stock market was exactly as Chen Yang had expected.
When the Jews were preparing to buy up drugs in large quantities, speculators in the Shanghai Stock Exchange also jumped out from various corners.
The Chinese have no shortage of money, so naturally they have no shortage of smart people.
What the Jews did can be said to be new wine in old bottles, there is nothing new about it.
Sell high and buy low, use public opinion to create momentum, suppress prices, and then buy back drugs.
This operation is not considered clever in the eyes of some people, and many people can also see that the reason why the Jews did this is definitely because they found someone to support them.
As a result, these people also began to steal the Jewish business.
Faced with this situation, the first company to raise the price to acquire the company was Sunshine Trading Company in the French Concession.
Any little movement at this time is better than a big publicity in the newspapers.
The day after the major businesses in the International Settlement set the repurchase price at US$60, the Sunshine Trading Company in the French Concession directly issued an announcement to repurchase a large amount of penicillin at US$80 per bottle.
This move instantly shattered the Jewish plan to purchase at a low price.
The price of a bottle is $20 different. Even though the Jews tried their best to downplay the effect of this drug, it still couldn't stop the price of the drug from rising wildly...
At the same time, some businessmen, led by Dong Fang, a special envoy under Minister Song, also began to follow suit and purchase these drugs.
In the Shanghai Stock Exchange, Jews may have a certain position, but compared with powerful families like the Kong family and the Song family, they are not on the same level.
Shanghai, Hongkou District, International Settlement, garden house.
Cohen couldn't help but look a little grim as he looked at the two people in front of him.
"What happened to the Shanghai Stock Exchange? We originally planned to buy back the drugs at a price of 60 to 70 US dollars."
"How come the price suddenly skyrocketed after only two days?"
"The difference of twenty dollars per bottle, if there are a thousand boxes of medicine, that's a difference of one or two million dollars."
"Mr. Rogers, can you tell me who is behind this?"
Rogers looked at Cohen with some fear and said, "Mr. Cohen, I don't know why the price of this drug has suddenly increased so much."
"According to our original plan, there are about 1,400 boxes of drugs circulating in the market now."
"Even if we can sweep up two-thirds of it, we can still get a thousand boxes for Mr. Mogayev."
"But now, the price has risen so much, I'm afraid we will have to follow suit...&34;
"Moreover, according to our intelligence, there are more than just one or two people taking action this time. Some local tycoons in Shanghai have also joined in the fun."
"What's the point of them driving up the price?" Cohen said coldly.
“They thought that if the price went up, would anyone in the Shanghai Stock Exchange be willing to take over?”
"This is simply stupid. They can't find anyone to take over. Are they going to die with these drugs?"
Rogers whispered, "Mr. Cohen, maybe this is what the Chinese mean by buying high and not buying low."
"They don't know why the price of the drug has increased, but as long as the price increases, they think there is profit."
"People who do business are all after profit."
"I am just worried that at the current rate, we may have to spend a lot of money in the future to get the number Mr. Mogayev needs."
Cohen fell silent.
Mogayev represented the Soviet side.
Although they were in Shanghai, they really couldn't afford to offend the Soviets.
Especially since the contract has already been signed, if the other party wants to use this as an excuse, they will have to pay a large amount of liquidated damages.
"Sean, when will Mr. Moggayev arrive in Shanghai?" Cohen asked in a low voice to a middle-aged man next to Rogers.
"I contacted him a few days ago, and he has already set off to China." Sean silently calculated the time and said, "I estimate it will take another week."
Cohen looked a little unnatural, and turned to Rogers and said, "Rogers, how many drugs do we have left?"
Rogers replied respectfully, "Mr. Cohen, we have received less than a hundred boxes of medicine in two days."
"This number is far from the number stipulated in the contract."
"The Chinese are such a bunch of annoying troublemakers." Cohen complained weakly.
After a while, he slowly said, "No matter what, get all the medicines first."
"There are ways to sell expensive things. Rogers, say hello to the owners of several major businesses in the International Settlement."
"No matter what, let's gather all the medicines first. As for the price, don't be too particular. Just follow the market price."
Rogers nodded and said, "I understand, Mr. Cohen. I will go and inform them now."
Shanghai, Old Shanghai Restaurant.
A group of wealthy local businessmen in Shanghai invited by Dong Fang were also discussing the matter of penicillin.
Just last month he bought a large batch of pig bristles from Xiao Tongqiao at a price twice the market price.
The spending figures made Mr. Song extremely annoyed.
Now, the price of penicillin has suddenly increased. For him, this is an opportunity to make up for his bad impression.
Penicillin is a scarce drug, and the military has a huge demand for it.
This also gave him the confidence to compete with those Jews.
However, after a day or two of hard work, they could only receive more than a hundred boxes of medicine.
According to their intelligence, there are at least thousands of boxes circulating on the Shanghai market, and no one knows who is still willing to hold on to them at this time.
There was a sound of footsteps, and Master Qiao Wu from the Shanxi Merchants Guild pushed open the door of the private room and walked in. He bowed to Dong Fang and said, "Mr. Dong, I know where to find the medicine..."