City: From Inheriting a Courtyard To a Giant - Chapter 687
At an altitude of 30,000 feet, in the cabin of a private jet, Qin Yan picked up the phone and called even the person in charge of Stark Capital, Stephen Frey.
This
He was originally the head of the Stark Foundation. After Gu Ziyun landed in North America, this guy was taken care of by the county branch: Except for the old actor Howard: Electric Tucker, in the entire Stark Group, this guy is considered the number two.
As for the Stark Group, only Gu Ziyun knew Qin Yan’s true identity, even this Stephen. Frey also didn’t know who Qin Yan was, it was always Qin Yan who contacted him unilaterally.
After receiving a call from Stephen from the “mysterious boss”, Frey didn’t feel nervous at all, but quickly activated and glanced at the trading screen on the computer.
“BOSS. Now the price of Weiruan shares has fallen to
$1. I estimate that it will fall by another two dollars or so. If we close the net now, we will lose hundreds of millions of dollars. “Stephen quickly analyzed s
“I said, close the net.” Qin He’s tone became a little cold.
“Okay, BOSS. I’ll execute it immediately.” Stephen stood up quickly, waved his hair at the staff around him, and said loudly, “Start to implement plan A and sell our securities lending immediately, pay attention to the operation , all orders must be completed within an hour.”
In the huge office hall, thirty or forty traders quickly started to operate after receiving their own orders. It is said that everyone has to operate
Thousands of accounts.
The sound of tapping on the keyboard began to sound in the office lobby… on the computer screen of the trader’s call. Numerous securities lending orders have been hung up on _e_
Chapter 566 Made $62 Billion Crazy! Are you dumbfounded! (2/5)
Stephen’s call – has not been hung up. After giving the order, he picked up the phone again and said respectfully. “BOSS. The execution has already begun. It is estimated that within one hour, more than 50,000 accounts will be used to sell in batches.”
“Well, very good.” Qin Yanren said – paused, and then said, “People can’t be too greedy, otherwise it will only bring destruction.”
“Yes, BOSS.”_
“Well, after the completion of this transaction, I immediately started to buy Weiruan shares.”
“what”? “
Stephen thought he had heard wrong. Then quickly replied
:_”BOSS. I heard correctly. You mean.. eat Wei soft stocks.”
“Need I repeat it a second time?
“No, no, I just want to confirm-down the quantity.”
“all.”
Qin Yan said firmly, “Regardless of the quantity and price… eat as much as you can.”
“Yes boss. I will follow your orders.”
Stephen hesitated and asked, “Can I know why? After all, it’s tens of billions of dollars.”
Qin Yan said. _”Tomorrow, Weisoft will
Publicize their Q2 financial report in two days. “
“Okay, got it e”
After hanging up the phone. Stephen clenched his fists fiercely, and said loudly, “Everyone, hurry up and sell the securities lending, pay attention to the operation, and complete this task. Everyone will have a bonus of 200,000 US dollars.”
“Long live the boss ⊥⊥”
The whole audience cheered. Dozens of traders became faster and more agile.
The so-called short. In fact, it is easy to understand. First obtain a certain amount of margin financing and securities lending, and find one or more securities companies to cover the bottom line, and the buyer needs to pay two parts of the deposit.
Stark Capital spent 100 million US dollars to purchase securities lending. Ten times leverage_ is 4 billion US dollars. Such a huge amount of funds was entered by nine financial companies such as Goldman Sachs, Sequoia IDG, and JPMorgan Chase The bottom of the business pocket.
Stark Capital’s funds – entered the market, and began to eat Weiruan securities lending frantically. This: Everyone knows that Stark Capital is going to short Weiruan. So Xu Ming’s small and medium-sized capital immediately followed suit. Later, large investment banks also joined in.
Even so, Stark Capital also purchased 68% of the securities lending in the market this time.
Now is the time to close the net and sell securities.
There are many core businesses of Weiruan, although the MSN business department has completely collapsed. But other core businesses have not been affected much, so the company will not be famous for less questions.
Right now, as soon as the securities lending order is placed, someone from a brokerage firm immediately buys it and makes a deal.
And shorting a stock._As long as it goes down by less than the price you sold it for, you start making money. The more you fall, the more you earn 5.
After the pending order to sell. After closing with the brokerage, the rest is the money earned by short selling. An hour and a half later, Qin Yan received a call from Stephen.
The other party’s voice is very
He said excitedly, “Boss. This time we shorted WeiRuan’s shares and made a total profit of 100 million U.S. dollars, 9 billion more than expected.
We, Stark Capital, currently have USD 400 million in liquidity”_
Qin Yan took a deep breath and severely suppressed the excitement in his heart.
This is the first time he doesn’t rely on cheating. Just relying on their own information and resource advantages to earn this huge profit of up to 100 million US dollars.
“Very good. Stephen, you have lived up to my trust in you. You did a great job this time. You get 100 million.. Others who participated in this task will receive a bonus of 00,000 US dollars, how come
You can figure out how to assign them. “
“Thank you Boss. Thank you!”
Get such a bonus too. Instantly becoming a billionaire, Stephen was extremely excited as if he had been slapped with chicken blood.
“Okay, let’s start buying.”
“It’s already started. But we just shorted WeiRuan’s stock. The funds left the market on a large scale. The stock price just rose by one dollar.”
“It doesn’t matter, it’s just an illusion. I have let the global media hype the collapse of Microsoft MSN on a large scale, and their stock prices will continue to fall.”
Qin Yanyu
He said calmly, “Remember, before Weisoft’s stock rises to 0 billion US dollars, I will buy as many stocks as there are in the market? Until the remaining liquidity is 100 million US dollars.” _
“Good BOsS. However, in order to prevent a large number of buyers from violently raising the stock price, the entire stock acquisition plan will be carried out in stages, and the estimated time will be as long as 3 days, but I will complete it as much as possible before Weisoft announces its 2002 financial report. 80% of the stock purchase.”
“You’re the professional, how to do it. You make your own arrangements :: if nothing else. So be it.” Thing. ” Stephen suddenly shouted s
“It’s about Hong
Regarding Mengfan Entertainment, the company’s asset structure is very healthy, and we previously held 5.6% of the company’s equity. Is the current C round of financing going to increase holdings as much as possible? “
“About financing, you can ask Gu Ziyun, that’s it.”