Global monopoly of technology

Wang Xin is very excited recently, because he has received an important task assigned by the company’s top management to require at least 50% arbitrage within three months in the Azure-5 futures market in Mexico. The principal amount given to him by Shengfeng Capital is 20 billion. The dollar, leverage, he figured it out on his own, in short, Wang Xin led his team to fully trade.

This is the first time in his career that he has independently traded over 100 billion yuan without leverage. It is not domestic, but on the international stage, facing the sharp-smelling wolves of Wall Street.

Wang Xin decided to go to Mexico in person and directly conduct firm operations there. Of course, he was leaving the country in a low-key manner while concealing his identity.

Today, Wang Xin is already a well-known trader in the industry. Many private equity tycoons know that there is a trader named Wang Xin under Shengfeng Capital, so this trip must not be publicized. If he is known to the outside world Appeared in Mexico, and suddenly there was a big dealer in the Azure-5 futures market over there. All fools knew it was related to Shengfeng Capital.

By then, no one will be playing, because behind Shengfeng Capital is Luo Sheng, and Luo Sheng is the creator of the Blue Coast, and Azure-5 is the flagship product of the Blue Coast.

Looking at this information, other players, including those on Wall Street, came up with the answer: they must lose.

That's all I have to say. Excuse me.

...

At about the same time when Wang Xin led the attack, a strange incident occurred in the U.S. stock market, attracting a lot of attention. The world-renowned short-term institution Muddy Waters suddenly released Ansys, the leader and innovator of the global engineering simulation software industry. Short report briefing.

How streamlined is the content?

The Muddy Waters short selling report pointed out that Ansys is not optimistic about an inflection point and a recession.

That's it, no more!

At the same time, Muddy Waters pointed out that it will further release a detailed short report.

When this short-selling report came out, other investors in the market were all in a daze. They couldn't judge the authenticity of this short-selling report at all, and it was more like a playful.

What's even more confusing is that Muddy Waters is playing for real. It really squandered US$2 billion to be short on Ansys. At that time, the company’s stock was US$280.56 per share, with a total market value of US$24.08 billion.

The head of the company, Jim Kasman, soon received the news that he learned that the infamous muddy water was shorting Ansys, and Kasman was also confused.

When I learned that this was the exact news, an idea came to my mind: Why?

Ansys has a good performance. This year’s Q3 financial report net profit was US$82.48 million, a year-on-year increase of 36.58%, and operating income was US$280 million, a year-on-year increase of 12.86%. Its CFD software is the industry's crown-level existence.

Why is your Muddy Water Company singing empty?

However, at this moment, other investments in the market have not followed up, and Muddy Water's operations are so fascinating that they are completely incomprehensible.

Now they are waiting for his follow-up detailed short-selling report, and during this period of time, the outside world has also begun to continuously analyze and interpret the basis of Muddy Waters short-selling.

Some information was soon dug up. Ansys has reached a final agreement to acquire OPTIS, a leading software supplier in the fields of optics, human vision, and physical visualization simulation. The transaction is expected to be completed in the second quarter of 2018.

Industry insiders immediately tried to analyze whether Ansys’ acquisition of this French company was related to muddy water’s short selling. The Ansys acquisition was still risky. Market investors and industry insiders also analyzed some specific potential risks.

Including the risk that the Ansys and OPTIS businesses cannot successfully merge or the business combination takes too long and the cost is higher than expected; the risk of operating costs, customer churn, business interruption beyond expectations after the acquisition, and overestimation of its maintenance of growth and profitability to control costs The risk of the ability of the company; the uncertainty risk of the company's combined product and service demand; the risk that the combined product may not reach the expected sales volume; the uncertainty risk of quarterly performance fluctuations, etc.

I have to say that the analysis institutions of Wall Street are quite professional, and they have opened up this series of possible risk issues.

There are certain risks, but these are the risks that Ansys can bear. In the long run, they are not a big problem, and they are not a reason for bearishness. Therefore, it is still not enough to explain Muddy Water's such vigorous short-singing behavior.

If you don't understand, then wait for the follow-up short report from Muddy Waters, and other investors choose to continue to wait and see. After all, the risk of shorting with the trend is too great, far greater than going long.

The outside world simply didn’t know that this was a premeditated insider deal. Lovell found a deal made by the founder of Muddy Waters and gave a non-disclosed margin agreement. Muddy Waters made money on both sides, and there was no non-deal. The truth.

There are no more than 20 people who know the truth. At this moment, the Ansys management has not realized the seriousness of the problem, and it is not clear that it has been conspired by a dozen technology giants with a market value of 100 billion US dollars. .

...

The western hemisphere enters night, and the eastern hemisphere enters day.

In Luo Sheng's private office in the Science and Technology Complex, he is currently reading an international news report. It is news from the U.S. stock market. It is a short-selling report by Muddy Waters against Ansys.

Luo Sheng closed the page before even reading the news content and said: "Xiao Na, let the bad news go out with the muddy water."

This step is a very critical step and has played a fuse role.

After a while, Xiaona's response came: "The news has been posted on the Internet and has begun to spread."

Luo Sheng smiled comfortably: "Next, let's watch the fun."

...

As time passed, a message suddenly began to go viral on the Internet. A Côte d’Azur engineer anonymously claimed on the Internet that the Côte d’Azur laboratory had made a revolutionary breakthrough in engineering simulation software, especially in computational fluid dynamics CFD. In one fell swoop, it broke the monopoly of the three giants in the industry, Ansys, Siemens, and Dassault, and filled the gap in the field of engineering simulation software in China. From then on, the deadlocked situation in this field by Europe and the United States has become history.

The news spread wildly on the Internet, and then floated across the sea to North America on the other side of the Pacific Ocean.

The next day, Muddy Waters released the latest short report very decisively to echo it.

The report listed in detail the average annual investment of Blue Coast and Shengfeng Capital in industrial software in the past six years of 1.472 billion US dollars, and before that, China's annual investment in industrial software was only about 100 million yuan. .

In the six years since Luo Sheng entered the market, regardless of exchange rate changes, the annual investment scale of China's industrial software has directly increased by more than 90 times.

There is no word in the short selling report of Muddy Water Company that the China country is spreading the news that the Côte d’Azur Lab has made a major breakthrough in engineering simulation software. Instead, these data are used for technical analysis of the general trend. Heavy investment in the field of industrial software will inevitably promote rapid technological progress.

And the name Luo Sheng, no one in the science and technology circle knows, who does not know the "Luo Sheng effect" and his ability to create miracles?

When U.S. stock investors saw these news at this time, they had only one thought in their minds: It's over, the future of Ansys is invisible to the dark, and you can't see where the light is.

To be targeted by Luo Sheng, just look at how miserable the lithography machine giant ASML was.

On the same day, the U.S. stock market opened Ansys’s stock directly staged a cliff-diving situation. After receiving these “real hammer” news, it triggered panic selling by Ansys stock holders, and more investors participated in the short-selling. Come.

The result is that the empty side, who has absolute strength, has no power to fight back from the multi-party explosive hammer, and directly surrenders.

-15.23%

-28.62%

-42.22%

The corresponding real-time market value is also following the dive.

20.345 billion US dollars.

17.131 billion US dollars.

13.867 billion US dollars.

On the same day, Ansys’s market value plummeted from its highest point of 24 billion US dollars to 13.8 billion US dollars, evaporating more than 10 billion US dollars, almost cut in half.

The short side who sang Ansys shares on the US stock market is enjoying the fruits of victory and reveling. There is no movement on the Côte d’Azur. Regarding the news released by the anonymous engineer, if the news is false, the Côte d’Azur has not come out to refute the rumors. No confirmation.

Let the bullet fly for a while.

Luo Sheng has set the tone for this matter. The Côte d’Azur will never come out to make any evaluation in person, neither admit nor deny it, just as it has never happened. How can the people outside toss and let them go? Hang up high and do your own thing.

Luo Sheng is not doing anything now, just sit and wait, waiting for the other party to offer CFD.

Although engineering simulation software has its own investment, it takes three to five years to catch up. Now that the industry's leading companies offer treasures, it means that these three to five years of catching up time will be saved and money will be saved.Spend the time and capital from birth on further research and development, and it won't take long to transform from a chaser to a leader.

And Ansys, which did not provoke anyone, became a total loser.

...