Global monopoly of technology

Chapter 490 Forcing debts and strong alignment

The outside world would never expect that the battle has already started, but Luo Sheng has never come out to show his face at this critical moment, and some video messages about him have been seen from a few months ago.

Because he is now addicted to fiddle with his Star Arrow International, and almost all matters on the Bluestar Technology Group are handed over to Zhang Bowen to take the lead.

Luo Sheng is going to conduct a 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 no one will be dissatisfied with the position of CEO of Bluestar Technology. It makes sense.

The role of CEO can determine the existence of a company, but it is not as simple as the company’s ordinary applicants. For a multinational giant with a revenue of hundreds of billions of dollars, the choice of the head is to pass repeated evaluations, such as the General Electric board of directors. After five or six years of evaluation of its CEO, he was finally able to take up his post.

In fact, Zhang Bowen has already entered the assessment since Luo Sheng's intention to step down as CEO. He said that the assessment has not been rigorous for nearly four years.

The same goes for Yao Jianhong, who is next door.

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

...

Technology complex building.

In the morning, Luo Sheng at this moment is enjoying the nutritious breakfast prepared for him by Qing Xuemei paper. He is eating while watching today’s newspaper. The headline of the front page is to quote an article published by the British Financial Times with the headline [For short In other words, Bluestar Technology stock is no longer shining].

Qingxue sister paper did not bother Luo Sheng. The recent news was full of uproar, and she had also heard about it, but she was also confused when she saw it. The only thing she can be sure of is this young employer’s company, which seems to have been in the recent period In big trouble, all major media are carrying out overwhelming reports.

However, Sister Qingxue also admired Luo Sheng's light and graceful side now, as if there was nothing for him at all.

Strong man.

"Xiaona, what is the size of Bluestar's short position?"

Luo Sheng put down the newspaper and said that 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 this kind of bold behavior is probably not a few business leaders on the planet who dare to play this way. At this time, under normal circumstances, the person at the helm may not be able to sleep at all times.

As for Luo Sheng, when he first got up early this morning, he talked about a huge project of several hundred million yuan with Qing Xuemei.

But then again, although Luo Sheng did not stop to command this battle, his attention was carried out every day, so he knew the actual situation very well.

Xiaona responded quickly: "As of July 19, Bluestar Technology’s short position was 45 billion U.S. dollars, accounting for 8.19% of the circulating market value. So far in the third quarter, Bluestar Technology’s short-selling stocks have decreased by 460. Million shares, the margin is 3.45%."

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

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

As for the bears, the lowest price of Bluestar Technology can only fall to zero, and the biggest downside is only $384.82.

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

Just today, Wall Street has collectively forced debts from Bluestar Technology. Zhang Bowen has also been very busy recently, and now the group company has paid off the debts.

Although it is malicious borrowing, the law does not restrict it. Repayment of debts is justified. If this account cannot be squandered, then repay the money.

In doing business, being honest is the most important thing.

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

This is actually the original pot. Luo Sheng didn't write this in the contract when borrowing money. Instead, he wrote that he only traded in cash. At that time, Wall Street was anxious to trade BTC stock.

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 U.S. dollars in the Big Five. As long as Luo Sheng speaks, the money will be in place.

At the same time, the State-owned Assets Supervision and Administration Office also has 80 billion U.S. dollars in funding for Goddard, and as long as Luo Sheng speaks, the money will be in place immediately.

The form of the transaction is that the State-owned Assets Supervision and Administration Office used 80 billion U.S. dollars to buy Bluestar Technology's stock, and the purchased stock was the stock that was repurchased before, and it is now placed in the company as "treasury stock".

Not to mention that the Luo Sheng family fund also has 150 billion US dollars of funds as the final trump card, the trump card is ready to be released.

Luo Sheng couldn't think of how he would lose in this capital war?

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

Compared to buying long and waiting for a stock to rise, the difference is that shorting is the opposite. It means that a company is not good enough, so sell it and then make a profit.

For example, there are hundreds of short funds or institutions on Wall Street shorting Bluestar Technology, but they obviously don’t have the company’s stock on hand, so they first borrow the stock from the institutional account that holds Bluestar Technology stock and sell it. Of course, this needs to be paid. No one is willing to borrow a certain amount of interest.

But it's not that it's over after selling it secretly, and it's about telling the world.

As a result, Chanos publicly questioned the various problems of Bluestar Technology before, and Wall Street followed suit by pressing debts.

The purpose of these operations is actually very simple, that is to "find a sense of identity." Once other investors in the market recognize these views, they will follow Bluestar Technology, and the stock price will fall, and the short-term institutions will earn even more declines. Big.

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

In this way, it is a complete short-selling process.

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

...

In the next month, this scene of a fairy fight was staged under the eyes of everyone. The stock market was surging, bearish predators were making waves, bulls, ghosts, snakes, gods and demons danced wildly. There were countless people in the industry and people eating melons. The rhythm of heart and liver tremor.

Those who dared to enter the muddy waters to fish at this time were not the existence of a special brush, or the money did not know how to spend it.

Within a week, the Bluestar Technology stocks held by the Soros family funds and many Wall Street short machine funds dropped sharply from 132 million shares to 83.52 million shares, a 36.7% reduction, and more than one-third of short institutions were almost cleared. .

As for Bluestar Technology, Zhang Bowen fulfilled his promise. If short-term institutions dare to sell, he dares to buy and accept as many as they come.

At this time, Bluestar Technology had less than $5 billion in funds in hand, but the Blue Coast came to the rescue at this time and quickly supported $17 billion, and Shengfeng Capital also brought in $5 billion.

This capital war is still fighting.

The stocks held by short funds reduced by Zhang did not pull all of them. The stock price of Bluestar Technology has stabilized at the $550 billion level, and there has been no major decline.

This means that in this week's time, in the contest between the two sides, the short side of Bluestar Technology has accumulated a total of 15.6 billion US dollars in this week alone, of which the leading hedge fund lost 2.283 billion US dollars. It subsequently lost $2 billion.

...

Entering September, Zhang Bowen, the pre-war commander, held another media conference on September 5th today. At this time, the capital war was anxious.

However, the outside world found that Luo Sheng was "extremely irresponsible" at this level of bones, and he did not see him coming out to show his face. It was Lao Zhang showing his face.

"If you want to wear the crown, you must bear its weight. As the world's largest Internet giant, Bluestar Technology has been watched by Wall Street and also by overseas shorts. Now it has become the most short-selling company in the world, with 201 million BTC shares. Be shorted."

At this moment, Zhang Bowen, who was on the stage, calmly and confidently, faced the media reporters present with a faint smile and continued: "Overseas shorts are often called'crocodile', dormant for a long time, bloodthirsty, never relentless. No matter which company encounters, it will inevitably be a capital battle. However, the short predators who are coveting the "fat" of Bluestar Technology will quietly exit sooner or later. When the stock price rises, timely liquidation and stop losses are shorts. The only option to withdraw."

The domestic and foreign reporters at the scene constantly captured the second person of Bluestar Technology, and Zhang smiled confidently: "Mr. Luo once commented on these shorts in this way last month... We never object to anyone shorting Bluestar. Technology, the more they go short, the better, anyway, they will buy it back in the end.

Chanos, who was far away on the other side of the Pacific, was watching the broadcast at night. Hearing the narration translation voice of the reporter of this station's TV media, Chanos' eyelids and mouth twitched, and his expression gradually became gloomy.

It was speechless, and in the end it was indeed to be bought back.

However, the bluestar technology group’s stock price cannot fall, which means that the bears are constantly bleeding, and the interest payment is calculated in units of billions of dollars.

Chanos stared at the TV broadcast and snorted coldly: "I want to see how long your funds can last? You underestimated the determination of Wall Street. The real winner is the last laugh."

...