Digital Kingdom

The reaction of the market did not exceed everyone's expectations.

In the following month, after the Digital Group slowly increased its holdings of ARM shares to 42.6%, this number remained unchanged.

There are rumors in the market that the acquisition is about to go bankrupt.

As a result, the action of short ARM began to soar, and the short list exceeded 20%.

This is a very scary number.

USB in Europe and Bear Stearns in the United States, as representatives of them, are even more expensive.

The shadow of Asian investment bank funds is vaguely visible.

Even the financial media continue to predict how long the digital conglomerate’s powerful acquisition will last.

When the funds are used up!

All speculators are waiting, waiting for the final collapse.

Once the day of failure comes, they will feast on the corpse like a hyena vulture.

Zhao Ziming put down the phone and pressed the sideburns.

He just pledged more than 30 billion U.S. dollars in loans with the shares of Brilliant Games, and now he has invested all resources.

Even with his current position, borrowing nearly 50 billion US dollars, he has reached his limit.

Since the acquisition, he has invested more than 20 billion U.S. dollars, which is beyond imagination.

"You should pay attention to rest recently." Shen Yiyi feels a little bit painful. She is not worried about mergers and acquisitions, but only about men's bodies.

You must know that Zhao Ziming has been a week in a row, sleeping for no more than four hours, even with an iron body, it has its own limits.

"Don't worry." Although Zhao Ziming was slightly exhausted, he was extremely excited in spirit.

In order to raise 30 billion of funds, he has been turning around this week, meeting with bigwigs, determining conditions, boosting morale, and formulating strategies.

The work was finally not wasted.

"Call Sonny and let him continue," Zhao Ziming ordered.

At this point, naturally there is no possibility of retreating. He also knows that many people are waiting to read the jokes, but have no time to pay attention.

Since the launch of the merger and acquisition case, he has never considered the issue of failure. Although he sometimes feels annoyed, he never thought of giving up.

This is what he wants to do from the bottom of his heart. He will not consider its difficulties. Any difficulty is nothing. Perseverance and hard work have been deeply rooted in his bones.

From the bones and the depths of the brain, try every means to achieve your goals step by step.

"Okay", Shen Yiyi suppressed the worry in his heart, picked up the phone, and contacted Sonny, the chief trader this time.

City of London Tower, three floors, UBS Warburg.

"Head, the digital group is starting to move," Jeremy yelled.

Eric shook his right hand secretly, cursed, and leaned forward to the computer.

The whole hall suddenly became noisy.

You must know that everyone here is closely related to this project. Not to mention others, everyone's salary level is linked to profitability. Every pound invested by the Digital Group will eventually flow into their pockets.

"Toby, this project is over, you can get Ferrari", Daniela said with a smile.

"I have already negotiated with someone, paid the deposit, and asked him to wait for me for a while," Toby triumphed.

Eric shook his head. Naturally, he would not pour cold water at this moment to blow the morale of his subordinates. In his opinion, this short selling is also a sure chance.

Toby consumes in advance without any problems. As an avid car collector, he valued a Ferrari 275GTB this time, produced in 1967, worth 150 pounds.

Investment banking has always been a stressful industry. Many people have a hobby of buying, buying and buying. Coupled with high salaries, it is naturally excessive consumption. Toby's hobby is just a little more expensive.

"Everyone cheer up, we must continue to raise the acquisition cost of the digital group, and ultimately make them intolerable."

Eric clapped his hands, attracting everyone's attention.

As the main force of short selling, USB will naturally not turn a blind eye to the behavior of digital conglomerates in the open market.

They kept buying and selling, driving up the price of ARM and consuming the fund reserves of Digital Group.

According to Zhao Ziming's previous prediction, 20 billion of funds can acquire 50% of the shares, but now there are only more than 40, and the rest is wasted.

"Bear Stearns has made another move. They already have more than 8% of the order in their hands." Toby kept an eye on the screen at any time, reminding him of any changes.

Eric frowned upon hearing this.

The American company's style is so radical, it makes them feel ashamed.

The so-called "short selling" is the act of not being optimistic about a company's stock.

The specific operation is to sell something that you do not have yet.

Take ARM as an example. Every hedge fund thinks it will fall in the future, so it has to sell it.

However, the stock market allows one to sell the stock when one does not have it.

In other words, you can borrow some stocks from others (the stock market) and then sell them. When the stock really falls in the future, you can buy the same stock and return it to others.

The final profit is this difference.

It can be described in one sentence: borrow something you don’t have and sell it first, then buy it back and return it to others.

Of course, the risks involved are greater.

UBS Warburg (USB) has now borrowed 5% of ARM stock and sold it for £165.

If ARM rises to 170 pounds in the future, it will lose 5 yuan per share because it has to buy shares at 170 (pound per share) and return it to others.

Naturally, if ARM fell 160 pounds, it would earn five yuan per share.

Since it is a borrowed stock, it involves a margin issue, in order to ensure that you can really repay the money at that time, instead of having no money to pay back after a loss, you can only rely on the account.

The margin is one-tenth, and USB shorts stocks worth one billion pounds and pays 100 million in margin.

If ARM's stock soared more than ten percent above the price of 165 pounds, the wishful thinking of shorting would be lost.

In this process, the securities market will force the margin to be deducted, and then the transaction is completely over.This process is also called "closing a position".

The risks are so huge, the benefits are naturally high.

Before the Digital Group initiated the merger and acquisition case, ARM's stock was less than £120. It can be seen that there is much room for decline in the future. It is no wonder these people will be so excited.

"Head, do we want to follow along", Toby asked a little bit hard.

Involving such a huge amount of money, even if the winning ticket is in hand, it is inevitable to be nervous.

Eric felt everyone’s eyes cast on him, and watched the Yankee making money, not his style. He took a deep breath and waved his hand with a trace of solemnity.

"dry".

"Ula", excited cheers rang out in the whole hall, and everyone began to get busy, as if a lot of banknotes fell from the sky.

The greed of capital is manifested vividly at this moment.