Global monopoly of technology

Chapter 492 [Blessed Men with Exploding Mind]

Luo Sheng said this light and elegant sentence, but the audience was shocked.

Who will take over such a hot potato at this time?

Lao Zhang was the first to return from shock and loss, and said in surprise: "Mr. Luo, this should be the mysterious sense of expectation you mentioned earlier, right?"

Luo Sheng smiled indifferently, and immediately stood up from the seat. When his eyes were on Zhong Yuanhong, the latter also got up and walked to the conference table.

"Everyone, let me introduce you. The State-owned Assets Supervision and Administration Office serves as Director Zhong Yuanhong."

When they heard Luo Sheng's concise introduction, everyone in the attendees was secretly surprised and suddenly realized at this moment.

No wonder!

At this time, only the country can take this hot potato.

At this time, Zhong Yuanhong, who had entered the conference room and was silent until now, spoke, and smiled: "On behalf of the State-owned Assets Supervision and Administration Office, I brought 600 billion yuan in current cash, which is about 88 billion US dollars in foreign exchange funds to invest in Bluestar Technology Group. In addition, the bank is also preparing 356 billion yuan, or about 52.2 billion U.S. dollars in foreign exchange funds, low-interest loans. In short, the country fully supports Bluestar Technology to survive this crisis."

As soon as these words came out, Zhang Bowen and others at the meeting were all lifted up. An executive could not hide his excitement on the spot and laughed: "Haha, once this news is announced, Chanos, the Wall Street bears You must be stupid."

$140.2 billion!

In the end, it is the state's handwriting. These "strategic materials" are sent to the frontline battlefield, and the situation will change dramatically between battles.

At the last moment, the executives at the meeting were full of dark clouds on their faces, complaining in their hearts, and even secretly complaining that Luo Sheng's self-use and miserable damage to the company, if not for his decision to take the $135 billion stock repurchase plan, maybe all this will not occur.

But now they apologized to Luo Sheng in their hearts one by one, and they were secretly shocked.

In this way, all of this should be under Luo Sheng’s expectations and control, and I finally understand that these days, Bluestar Technology is in such a big crisis, as the founder and the helm, Luo Sheng is so careless. I dumped all the work to Zhang Bowen and their senior management.

It turned out that all of this was under his control. Thinking of this level, the attending managers felt a sense of awe for the BOSS inexplicably.

There is also a sense of worship!

...

Two hours later, a contract was signed. Zhong Yuanhong signed the contract on behalf of the State-owned Assets Supervision and Administration Office and Luo Sheng on behalf of Bluestar Technology.

In fact, it was signed within a long time ago, and now it is just a process.

The State-owned Assets Supervision and Administration Office bought 28% of Bluestar Technology’s treasury stocks with an astronomical amount of US$88 billion in cash. It can be said to be sold at a low price. Even according to the current market value of Bluestar Technology Group, 28% The nominal value of the shares is as high as 140 billion US dollars, which just matches the 140.2 billion US dollars brought in this time.

However, more than 50 billion US dollars were borrowed from Bluestar Technology, which will be repaid in the future.

However, the value of this transaction obviously cannot be embodied by the face-to-face amount. The true core value is that Bluestar Technology Group has a super strong backing.

It is equivalent to another state endorsement.

So far, the State-owned Assets Supervision and Administration Office has become the largest shareholder of Bluestar Technology Group, and Luo Sheng has become the second largest shareholder, but he is still the largest individual shareholder.

The shareholders of Bluestar Technology Group have changed, but the shareholding structure has not changed. It is still a partnership system, and Luo Sheng still has absolute control over the company.

The State-owned Assets Supervision and Administration Office not only does not interfere with the company's operations, it also eliminates the need for external directors and only assigns auditors to the company.

"With this batch of funds in place, it is not an exaggeration to say that the fighting power is restored to full state in an instant." Zhang Bowen said with a smile, and other managers attending the meeting also laughed, and everyone was in a good mood.

Compared with the depressive atmosphere before the meeting, there is a sharp contrast at this moment.

Little money is really a good thing, as long as there is it, as long as there is enough, it can make people feel more at ease.

Zhong Yuanhong smiled and said: "If we continue to fight like this, I think Bluestar Technology is not far from the privatization and delisting."

Now that there are fewer and fewer stocks on the market, as long as the other party dares to sell, Bluestar Technology dares to follow.

Luo Sheng smiled indifferently: "Withdraw from the market, then withdraw."

If Wall Street can send a wave of assists, Luo Sheng has decided that Bluestar Technology will also go to Hong Kong for listing. Delisting from the Nasdaq is not a big deal.

However, it is worth mentioning that Bluestar Technology Group does not owe a penny to Wall Street now, but the company still owes a lot of debt, but the creditor is not Wall Street.

The five major banks owed RMB 356 billion, and the brothers Côte d'Azur, Shengfeng Capital, and Life Science Fund owed a total of more than RMB 480 billion.

On the contrary, debt has soared a lot, but the asset allocation attributes have changed. The previous cash reserves exceeded more than 200 billion US dollars. Now it is almost gone, but it is not really gone. It is equivalent to Bluestar Technology using the money from the stock market. The stock repurchased in the last time continued to redeem themselves. Wall Street once held 68% of Bluestar Technology’s stock, and now there is not much left.

...

Wall Street.

In a conference room, Wall Street and many other bears gathered together.

Chanos said confidently: "The total loss of the book amount has exceeded 200 billion U.S. dollars, but Bluestar Technology has bottomed out. After only three days, it will support up to a week. BTC stocks will dive off the cliff and even turn into junk stocks. By then everything will come to nothing."

The president of Muddy Waters sighed: "I hope so, this time it's too big."

This short-selling event will surely leave a strong mark in financial history, which will be remembered by history.

At this moment, George Soros, the legendary financial crocodile who was present at the meeting, answered the call, but for a moment, his face suddenly condensed, and the short-headed big men present also noticed the sudden change of the legendary crocodile's face.

The originally optimistic mentality collapsed subconsciously at this moment. You must know that not only Zhang Bowen and others are straining their nerves during this period, but these bearish predators are not much better, as long as you see the amount of floating losses on the book. Tremendous stress.

Neither side can't afford to lose, but at this point, one side will always lose.

"What's the matter, George? What happened?"

In the end, George Soros put down the phone and muttered to himself: "There is news from across the ocean that Bluestar Technology has obtained US$140.2 billion in circulating funds."

As soon as the words came out, everyone present was shocked to the incredible expression, and they exclaimed in unison:

"What?"

Soros said concisely: "China endorsed it and provided this funding."

The head of the Muddy Waters Company widened his eyes: "This is impossible, this is absolutely impossible, and it is not a financial crisis sweeping the world. There has never been a case where a country alone will support the market for a company."

Soros: "Now there!"

The voice fell, and the entire conference room was suddenly silent, as if a needle could be heard.

The eyes of the people halfway through the scene seemed to interpret two words: It's over!

The head of a short fund said angrily: "Xiete, this is unfair. This is a despicable act against market behavior."

When he said this sentence angrily, not only did other people feel funny, but he also felt funny and shameless. He was a short-term person, and such words were the least qualified to say.

Obviously the mentality exploded in an instant.

Faced with the 140 billion U.S. dollars that Bluestar Technology suddenly added, the bearish predators on Wall Street also suddenly felt tired. This kind of reselling game may end up losing both sides, and it will make the third party cheaper, such as the next door. A certain god.

Presumably, the stock god Barfit must pay close attention to the current dynamics of Bluestar Technology. This is one of the few Internet technology companies that he has held a major share in the stock. The stock god now also has a lot of cash in his hands, and he can sell it at any time as long as he is willing.

"It's not that there is no chance." George Soros said suddenly.

His words undoubtedly make others feel like they have caught a life-saving straw, and they really don’t dare to sink further. In this case, the rational approach is to liquidate the position and stop the loss, but two-thirds of the body has already fallen. Can you be willing?

I saw everyone cast their eyes on the legendary predator.

George Soros slowly said: "Convince the White House that the only way to turn over. The lesson of the fiasco fifteen years ago made me understand that Bluestar Technology is now supported by red powers. If there is no equal force to hedge, this time short-selling plan. There is no doubt that you will lose, otherwise you should stop your losses early.

Chanos said simply and concisely: "Oh, the situation is getting crazier and crazy, the more you play, the bigger the game..."

...