Global Monopoly of Technology

Chapter 488 [Forced Debt and Strong Line-up]

The outside world would never have imagined that the battle is already underway, but Luo Sheng has never made a public appearance at this critical moment, and some of the video news about him are from a few months ago.

Because he is now obsessed with fiddling with his Star Arrow International, and almost everything on the Blue Star Technology Group side is handed over to Zhang Bowen to take the lead.

Luo Sheng is going to conduct the most critical inspection of Lao Zhang through this crisis, and it is also Zhang Bowen's own gilded battle. If this battle is fought beautifully, then the position of CEO of Bluestar Technology will not be dissatisfied. It's a matter of course.

The position of CEO can determine the existence of a company. It is not as simple as an ordinary employee of the company. For a multinational giant with a revenue of hundreds of billions of dollars, the selection of the leader must pass repeated assessments. For example, the board of directors of General Electric has It took five or six years of assessment for its CEO, and finally was able to take office.

In fact, since Luo Sheng's idea of ​​resigning as CEO, Zhang Bowen has already entered the assessment. It is not rigorous to say that this assessment has lasted for nearly four years.

Including Yao Jianhong next door.

It's just that they didn't know it, and they never thought about it. The reason is very simple. At Luo Sheng's age, no one would think that he would step down from the position of headmaster at such a young age.

...

Science and Technology Complex Building.

In the morning, Luo Sheng is enjoying the nutritious breakfast prepared by Qingxuemeizhi for him. He is eating and reading today's newspaper. The headline on the front page is an article published by the British "Financial Times", titled [For short sellers. For example, Bluestar Technology stock no longer shines].

Qingxue sister paper didn't bother Luo Sheng. She had heard about the recent news, but she was confused when she saw it. The only thing she could be sure of was the young employer's company. Encountered a big trouble, the major media are carrying out overwhelming coverage.

However, Qingxue sister paper also admired Luo Sheng's light-hearted side now, as if he had nothing to do with him at all.

strong man.

"Xiao Na, what is the size of Bluestar's short positions?"

Luo Sheng put down the newspaper and said, after he set the big strategic policy, he did not directly participate in the command of this battle, but handed it over to Lao Zhang.

I have to say that there are few business leaders on earth who dare to play this kind of bold behavior.

At this time, the person at the helm is usually afraid that he will not be able to sleep all the time.

As for Luo Sheng, when he just woke up this morning, he and Qingxue sister talked about a big project of several hundred million yuan.

But then again, although Luo Sheng didn't end up directing this battle, his attention was carried out every day, so he had a clear understanding of the actual situation.

Xiaona responded quickly: "As of July 19, the short position of Bluestar Technology was 45 billion US dollars, accounting for 8.19% of the circulating market value. So far in the third quarter, the number of shorted stocks of Bluestar Technology has decreased by 460%. 10,000 shares, a range of 3.45%.”

It is worth mentioning that in the US stock market where both shorts and longs coexist, although there are no policy restrictions on shorting stocks, most investors believe that shorting is more risky than longing, which is a crazy gamble for risk-takers.

Taking Bluestar Technology as an example, the current share price is US$384.82. For ordinary investors who are long, there will be profits as long as the share price rises, and the upside is theoretically unlimited.

For the bears, the stock price of Bluestar Technology can only fall to zero at the lowest, and the maximum downside is only $384.82.

Due to the huge risk of short-selling, most of the short-selling games are professional investors who do short-term transactions and fast-forward and fast-out. The reason why short sellers are frightening is also because of their huge capital chain and fast response speed.

Just today, Wall Street is collectively demanding debts from Bluestar Technology, and Zhang Bowen has been very busy recently. Now, for the group company, the debt has been paid off.

Although it is a malicious drawing of loans, there is no legal limit to it. It is only right and proper to pay back the debt. If this account cannot be relied on, then the money will be paid.

Doing business, paying attention to integrity is the most important thing.

However, the cash flow of more than 70 billion US dollars also takes time. Wall Street gave Bluestar Technology a 25-day deadline, and only US dollars, no stocks or other real estate funds.

In fact, this is also the original pot. When he borrowed money, Luo Sheng did not write this in the contract. Instead, he wrote that he would only trade in cash. At that time, Wall Street was eager to trade in BTC stocks.

Luo Sheng is not omnipotent.

But it's not a big problem. The outside world doesn't know where he is hoarding more than 50 billion US dollars in the five major banks. As long as Luo Sheng speaks, the money will be in place immediately.

At the same time, the State-owned Assets Supervision and Administration Office also has 80 billion U.S. dollars of funds to sleep in, and as soon as Luo Sheng opens his mouth, the money will be in place immediately.

The form of the transaction was that the State-owned Assets Supervision and Administration Office used US$80 billion to buy Bluestar Technology's shares, and the purchased shares were the ones that were repurchased before, and are now placed in the company as "treasured shares".

Not to mention that the Luo Sheng family fund also has US$150 billion of funds as the last trump card and the trump card is ready to go.

Luo Sheng really couldn't imagine how he would lose this capital war?

The purpose of Wall Street's debt to Bluestar Technology is to increase the atmosphere for the follow-up short-selling action.

Compared with buying long and waiting for a stock to rise and earning gains from it, short selling is just the opposite, that is, you feel that a company is not very good, so you sell it, and then earn its decline.

For example, hundreds of short-selling funds or institutions on Wall Street are shorting Bluestar Technology, but they obviously do not have the company's stock on hand, so they first borrowed the stock from the institutional account that holds Bluestar Technology stock in the market and sold it. Of course, this needs to be paid. Others are willing to borrow a certain interest.

But it's not just a secret sale and it's over, and it has to be announced to the world.

Therefore, Chanos publicly questioned the various problems of Bluestar Technology, and Wall Street followed suit.

The purpose of these operations is actually very simple, which is to "find a sense of identity". Once other investors in the market agree with these views, they will also short Bluestar Technology, and the stock price will fall, and the short-selling institutions will earn even more. big.

If Bluestar Technology falls to a position they think is reasonable, they will buy back Bluestar Technology's stock at a low level and return it to the institution that previously lent its BTC stock.

In this way, it is a complete shorting process.

But this is only the operation of some of the short institutions. In fact, there are many other ways to achieve the goal. For example, it can also be achieved in the form of buying put options.

...

In the next month, this scene of a fight between gods and gods was staged under the attention of all the people. The stock market was turbulent, the bears were making waves, and the bulls, ghosts, snakes and demons danced wildly. I saw countless people in the industry and people eating melons. Heartbeat rhythm.

At this time, those who dare to enter the market to fish in troubled waters are either because they are very talented, or they don’t know how to spend their money.

Within a week, the shares of Bluestar Technology held by several Wall Street short-selling funds such as the Soros family fund dropped sharply from 132 million shares to 83.52 million shares, a reduction of 36.7%, and more than one-third of short-selling institutions almost cleared their positions. .

On Bluestar Technology's side, Zhang Bowen fulfilled his promise. If the short agency dared to sell, he would dare to buy it, and he would take as much as he came.

At this time, Bluestar Technology has less than 5 billion US dollars of funds in its hands, but the blue coast came to the rescue at this time, and quickly supported 17 billion US dollars, and Shengfeng Capital also brought 5 billion US dollars.

This capital war is still going on.

The stock held by the short-selling fund was all taken over by Lao Zhang, and the stock price of Bluestar Technology was stable at the $550 billion level, and there was no sharp drop.

This means that in this week's competition, the short side of Bluestar Technology lost a total of 15.6 billion US dollars in this week alone, of which the leading hedge fund lost 2.283 billion US dollars, and the Jinnix joint fund was tight. It subsequently lost $2 billion.

...

Entering September, Zhang Bowen, who was the pre-war commander, held another media conference today on September 5. At this time, the capital war was in a state of anxiety.

But the outside world found that Luo Sheng was "extremely irresponsible" at this juncture, and they didn't see him show his face. It was Lao Zhang who showed his face.

"If you want to wear the crown, you must bear the weight. As the world's No. 1 Internet giant, Bluestar Technology has attracted the attention of Wall Street and overseas short sellers. Now it has become the most severely shorted company in the world, with 201 million BTC shares. been shorted."

At this moment, Zhang Bowen on the podium was calm and determined, facing the media reporters present with a faint smile and continued: "Overseas big short sellers are often called 'crocodiles', dormant for a long time, bloodthirsty, never soft-hearted, No matter which company it encounters, it is inevitable that there will be a 'fighting' of capital. However, sooner or later, the short sellers who covet the 'fat' of Bluestar Technology will quietly exit the market. When the stock price rises, closing the position in time and stopping the loss is the whole body of the short. The only option to retreat.”

The domestic and foreign reporters at the scene kept taking pictures of the No. 2 person of Bluestar Technology, and Lao Zhang smiled confidently: "Mr. Luo commented on these short positions last month... We never object to anyone shorting Blue Star. Technology, the more they short the better, anyway, in the end they all have to buy it back.”

Chanos, who was far away on the other side of the Pacific Ocean, was watching the broadcast at night. Hearing the voice of the narrator and interpreter of the TV media reporter of this station, Chanos' eyelids and mouth twitched for a while, and his expression gradually became gloomy.

It was speechless, and in the end I really wanted to buy it back.

But Bluestar Technology Group's stock price can't fall, which means that the short sellers are bleeding non-stop, and the interest payment alone is calculated in units of 100 million US dollars.

Chanos stared at the TV broadcast and sneered: "I want to see how long your funds can last? You underestimate Wall Street's determination. The real winner is the last laugh."

...

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