Global Monopoly of Technology

Chapter 490 [Bears with an explosion of mentality]

Luo Sheng said these light and elegant words, but the audience was shocked.

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

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

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

"Everyone, let me introduce you. Zhong Yuanhong is the director of the State-owned Assets Supervision and Administration Office."

When they heard Luo Sheng's succinct introduction, everyone in the audience was secretly shocked, and at this moment, they suddenly realized it.

No wonder!

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

At this time, Zhong Yuanhong, who had been silent until now after entering the conference room, spoke up and said with a smile: "On behalf of the State-owned Assets Supervision and Administration Office, I brought 600 billion yuan in cash, about 88 billion US dollars in foreign exchange funds to invest in Bluestar Technology Group. In addition, the bank is also preparing In short, the country fully supports Bluestar Technology to survive this crisis.

As soon as this remark came out, Zhang Bowen and others in the meeting were all in high spirits, and one executive couldn't hide his excitement and laughed on the spot: "Haha, once this news is announced, Chanos and these Wall Street short-sellers will probably not be able to hide their excitement. All stupid."

$140.2 billion!

After all, it is the state's handwriting, and this batch of "strategic materials" is sent to the frontline battlefield, and the situation will change dramatically between battles.

At the last moment, all the executives attending the meeting had a gloomy expression on their faces, and they were still complaining in their hearts, and even secretly complained that Luo Sheng's stubbornness had caused the company to suffer. will not happen.

But now they all apologized to Luo Sheng in their hearts, and they were even more shocked.

From this point of view, all of this should be within Luo Sheng's expectations and control, and he finally understands that these days, Bluestar Technology is in such a big crisis, but Luo Sheng, the founder and helmsman, is such a Buddhist salted fish who doesn't care about anything. Leave all the work to Zhang Bowen and their senior management to deal with it.

It turned out that all this was under his control. Thinking of this level, the managers participating in the meeting had an inexplicable sense of awe towards the BOSS.

And adoration!

...

After two hours,

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

In fact, it has already been signed internally, and now it is just a process.

The State-owned Assets Supervision and Administration Office bought 28% of the treasury shares of Bluestar Technology for an astronomical sum of US$88 billion in cash, which can be said to be sold at a very low price. Even according to the current market value of Bluestar Technology Group, 28% The notional 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, the other more than 50 billion US dollars was loaned to Bluestar Technology, which will be repaid in the future.

However, the value of this transaction obviously cannot be reflected in the amount directly faced. The real core value is that Bluestar Technology Group has a super strong backing.

It is equivalent to a national 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 the 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, but also eliminates the need for expatriate directors, and only assigns auditors to the company.

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

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

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

Zhong Yuanhong said with a smile: "If we keep fighting like this, I estimate that Bluestar Technology is not far from being privatized and delisted."

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

Luo Sheng smiled and said indifferently: "Delisting is delisting."

If Wall Street can send a wave of assists, it would be good. Anyway, Luo Sheng has decided that Bluestar Technology will go public in Hong Kong at the same time, and delisting from Nasdaq is not a big deal.

But it is worth mentioning that Bluestar Technology Group no longer owes Wall Street a penny, but the company still owes a lot of debt, but the creditor is not Wall Street.

It owes ¥356 billion to the five major banks, and a total of more than ¥480 billion to the brother companies Azur, Shengfeng Capital and Life Science Fund.

On the contrary, the debt has skyrocketed a lot, but the asset allocation attribute has also changed. The previous cash reserve exceeded more than 200 billion US dollars. Now it is almost gone, but it is not really gone. The stock repurchase has been redeeming itself continuously. Wall Street once held as much as 68% of Bluestar Technology’s stock, and now there is not much left.

...

Wall Street.

In a conference room, Wall Street and other short sellers gathered.

Chanos said confidently: "The total book value of losses has exceeded 200 billion US dollars, but Bluestar Technology has bottomed out. In just three days, it can last for a week at most. BTC stocks will dive off a cliff and even turn into junk stocks. Then everything will come to an end.”

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

This short-selling event will surely leave a strong legacy in the financial history and be remembered by history.

At this moment, the legendary financial tycoon George Soros who attended the meeting answered a phone call, but for a moment, his face suddenly froze, and the short-sellers present also noticed the sudden change of face of the legendary crocodile.

At this moment, the originally optimistic state of mind subconsciously collapsed again. You must know that not only Zhang Bowen and others are nervous during this period, but these short sellers are not much better, as long as you see the amount of floating loss on the book. Tremendous stress.

Neither side can afford to lose, but at this point, one side has to lose.

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

In the end, I saw George Soros put down the phone and muttered to himself: "There is news from the other side of the ocean that Bluestar Technology has obtained 140.2 billion US dollars of liquidity."

As soon as these words came out, everyone present exclaimed in unison under the shock and incredible expressions:

"What?"

Soros said succinctly: "Hua country endorsed it and provided the funds."

The head of Muddy Waters' eyes widened: "This is impossible, this is absolutely impossible, and it is not the financial crisis sweeping the world, there has never been a case where a country will trust a company alone."

Soros: "Now there is!"

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

More than half of the people present seemed to be interpreting two words in their eyes: It's over!

The head of a short-sold fund said angrily: "Sheet, this is not fair, this is a despicable act that goes against market behavior."

When he said these words indignantly, not only other people felt funny, but he himself felt funny and shameless.

Obviously, the mentality exploded in an instant.

Faced with the sudden increase of more than 140 billion US dollars from Bluestar Technology, the short sellers on Wall Street also suddenly felt tired. This kind of back-and-forth game of reselling may end up hurting both sides, and it will be cheaper for a third party, such as the one next door. some kind of god.

Presumably, the stock god Buffett must be highly concerned about the current developments of Bluestar Technology. This is one of the few Internet technology companies that he has held a heavy stake in. The stock god also has a lot of cash in his hands. As long as he is willing, he can take action at any time.

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

His words undoubtedly made others feel like they had caught a life-saving straw, and they really did not dare to sink further. The sensible approach in this situation is to close the position and stop the loss, but two-thirds of the body is already sinking. Can you be willing?

I saw that everyone's eyes were turned to the legendary predator.

George Soros said slowly: "Convince the White House that this is the only way to turn around. The lesson from that fiasco fifteen years ago made me understand that Bluestar Technology is now supported by a big red country. If there is no equal power to hedge, this time it will be short-selling plan. There is no doubt that we will lose, otherwise we should stop loss early.”

Chanos said succinctly: "Oh, the situation is getting crazier and bigger, the more you play..."

...

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