Global monopoly of technology

Chapter 489 First round of confrontation

In the following days, hundreds of short funds on Wall Street colluded and united, and the longs of all parties went hand in hand and each performed their duties.

In addition to wanting to gain great benefits, most of them are more stimulating. This is short-selling a super-giant technology group with the world’s largest market value. Once they succeed, the sense of accomplishment is irrelevant. Comparable.

Wanting to be successful in shorting Bluestar Technology is not just talking about it, the preparations are extremely complicated.

For example, Muddy Waters, a short-selling company, is specifically responsible for the tasks of the Côte d’Azur. The company used 129 full-time employees and 3,185 part-time staff to record the offline stores and operator channels of the Côte d’Azur company around the world. Wait for the daily traffic of the store to cover 80% of the store’s 100% of the business hours, and constantly collect customer data, both openly and secretly.

The purpose of this work is to analyze the data, find the weak points of the opponent, and then attack the weak points.

...

In mid-July.

Technology complex building.

Luo Sheng, who is working out, received a call from Zhang Bowen.

"Mr. Luo, Wall Street has taken a shot!"

"So fast?"

Luo Sheng left the gym immediately and went to the living room on the phone to turn on his personal work computer.

On the other end of the phone, Zhang Bowen replied: "Chanos of the hedge fund publicly slandered Bluestar Technology in the Financial Times, questioning our company’s financial data, and claiming that the hedge fund should be empty Bluestar Technology. Financial fraud has labeled us an "Oriental Enron"."

Luo Sheng operated the computer with one hand and said with a smile: "Oh? This hat is big enough, the bad old man Chanos, it seems to be the'leader' among the short-headed crocodiles this time."

Eastern Enron.

This statement undoubtedly stepped on the sensitive nerves of Wall Street. In 2011, one of the world's largest energy companies, North America Enron Corporation declared bankruptcy, which caused an "earthquake" on Wall Street and wiped out the Andersen accounting firm, which was ranked number one in the world at the time. It is a big nightmare in the North American capital market.

Luo Sheng transferred the call to another line, put the phone down and focused on the computer in front of him, while asking: "What is the response to the current market situation?"

Zhang Bowen: "The company's market value has evaporated by nearly 50 billion US dollars, and the current total market value is 579.1 billion US dollars."

What I have to say is that some investors or investors still dare to stare at Bluestar Technology's stocks, so they must have a strong heart.

If there is any turmoil in the current market, BTC stocks will inevitably produce significant fluctuations. Some time ago, Bluestar Technology Group invested 135 billion US dollars in the company's stock price to more than 600 billion US dollars.

Few people can bear this kind of situation. Anyway, stock investors don't think they are leeks, at least they will always have the illusion that the last one to take the market will not be themselves, so they go short with the predators.

After finishing the call with Zhang Bowen, Luo Sheng clicked on some of the latest interviews that Chanos jumped out in the media.

In the footage of the BBC reporter interview that was being broadcast, Chanos stared at the camera and elaborated on the doubts: "I am very worried about the Bluestar Technology Group. They have adopted various radical accounting methods to modify the statements. In many cases, They use a large number of related transactions with affiliated companies, and these transactions cannot be tracked. Will the affiliated companies of Bluestar Technology also advertise on the Bluestar Technology platform? First put money into these affiliated companies that have not included consolidated statements, and then return To Bluestar Technology, this is the turntable effect (left hand inverted right hand)."

There is no fluctuation in this kind of questioning Luo Sheng, because his legal department has thoroughly studied it before doing one thing.

However, some people from the outside world may believe that it is true. For example, many people will involuntarily think of the close related transactions between Bluestar Technology and the Blue Coast. Typical examples are those game production companies under the Bluestar Technology Group and the host platform under the Blue Coast. Wait.

Chanos: “Among the large companies listed in North America with a market capitalization of over US$1 billion, Bluestar’s accounting practices are the most problematic I’ve seen. You see a line of “affiliated companies’ equity and net income”, but it’s not You don’t know the details. For such a huge multinational group with 200,000 employees, you don’t know their real cost and accounting data."

Luo Sheng looked at it for a while and then closed the page. He didn't need to read the following news to know. The current routines of Wall Street are all looking for a logical reason for subsequent debt enforcement.

Forcing debts, you can force debts. This is exactly what Luo Sheng wants.

After finishing the call with Luo Sheng, Zhang Bowen immediately convened an executive meeting inside the company. On the same day, he responded to the challenge and attack of the "leader" Chanos. In any case, he must respond as a basic operation.

The Bluestar Technology Group responded quickly and issued a solemn statement to the media in response to the short fund's attack, and the two sides launched the first round of the "war of saliva".

At a temporary media conference, Zhang Bowen, who was standing on the stage, said calmly to more than 200 reporters:

"Mr. Chanos made mistakes in his judgment and did not know enough about Bluestar Technology. Since our group company went public in 2006, the cash flow of each quarter has been positive. Secondly, the remarks he claimed are obviously not about our business model. We hope that Mr. Chanos can visit the headquarters of Bluestar Technology to learn more about the company."

"In fact, more than 300 investors have visited in the past June and spent a whole day with our management to understand all aspects of the business. I personally called Mr. Chanos yesterday. Invitation, unfortunately he refused all our invitations, but we still welcome him at any time."

Speaking of this, Zhang Bowen suddenly added with a smile in a joking tone: “It’s true that I spoke to Mr. Chanos in person yesterday, and his response to me was: If I was invited to fight, forget it, so I still transferred the invitation letter to Bluestar Technology."

"Well, Mr. Chanos has a very tough attitude. But you have to respect him, because sooner or later he will have to bear too much pain. As a big short leader, short Bluestar Technology will lose a lot, including all short Bluestar. Technology short funds and followers, our funds are quite abundant, you dare to buy as long as you dare to sell me (Bluestar Technology)."

The reporters in the audience snapped frantically, and everyone looked at it. Zhang Bowen's speech contained a full of gunpowder smell in his calmness and determination.

The media reporters at home and abroad are also extremely excited about this air dialogue called a war, as it is said that watching the excitement is not too big a problem.

The media conference is not over yet, and the news here flies out like wings.

Suddenly, the business, technology, media, and Internet are all onlookers, which can be described as a lot of attention.

Since the Bluestar Technology Group entered 2012, it seems that it has encountered various problems. Netizens who eat melon are also indignant. They are also supporting Bluestar Technology and Luo Sheng. Although the netizens who are outside the matter cannot help substantively, At least the spiritual support is in place.

Everyone knows that Luo Sheng and Bluestar Technology are fighting Wall Street. This is really not something ordinary people can play.

But not all of them are well-intentioned. Among them, there are not a few malicious ones. There are many domestic, large, medium and small friends and business owners who hope that Wall Street can give Luo Sheng and Bluestar Technology to the ground, so that they have More opportunities are coming.

This "blue whale" fell down, and everyone can eat it as a fat man.

Shopping malls are like battlefields, and there is a lot of twists and turns. Whether there will be a "friend" stabbing a knife in the back depends largely on whether you give him a chance.

Over time, Wall Street finally made a move.

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