Reinventing the Millennium

The live broadcast of CNBC's financial interview had a significant increase in ratings due to the appearance of three guests from short-selling institutions.

The host John introduced the identities of the guests very solemnly. The three elites on Wall Street also have very dazzling resumes.

Even Dennis, a newly reborn rookie who founded a hedge fund not long ago, graduated from Stanford and has a background in investment banking and has many years of experience.

Such a lineup of guests was like three examiners sitting in front of Fang Zhuo, and their expressions suddenly became serious.

Fang Zhuo was both suddenly attacked and scrutinized in this way, but he was not as embarrassed as some people hoped.

The audience watched this scene, they loved it, and so did those in front of the TV.

Only this time, the assistant team who came with the boss frowned unconsciously. Secretary Liu Zonghong sitting in the first row was already considering whether to use external force to stop such a live broadcast. Even if it didn't look good, it would be better than Mr. Fang suffering a loss.

However, he saw that his boss was very calm, so he continued to wait and see the situation.

"Mr. Fang may have heard of these three people. We invited them here today because we want to really hear their different opinions about Yike." The host John smiled and said to the head of Yike, "Mr. Fang, I am I support you, I still hold Yike shares."

Fang Zhuo glanced at the three people sitting across from him and said casually: "After listening to your introduction just now, I seem to have really heard of Andrew's name. As for the other two..."

He shrugged. "I'd really like you to have the insight to sit here."

Bounty hunter Andrew nodded politely. Mr. Fang was very honest and he was indeed more famous.

Radical Pete and rookie Dennis didn't react at all. They wouldn't lose their composure just for a little trick.

Fang Zhuo glanced at Andrew again. This person's full name is Andrew Lefort. He had a vague impression beyond the information. Anyone who can make him feel this way is probably not a small person. However, he has never heard of it. His current Stock Lemon website.

"I really hope that Mr. Fang will never remember us." Radical Pete gave a direct response, "Just remember that the company should have the correct development strategy, so that your future entrepreneurial projects will be better."

The connotation of his secret jab, Yi Ke will collapse this time.

Fang Zhuo looked at Peter sitting in the middle of the sofa. He was neither angry nor embarrassed, but looked at him in surprise for two seconds and suddenly burst into laughter.

He laughed so hard that he had to put down his legs.

"Hahaha, Pete, you are making me laugh. Are hedge funds here to advise companies on how to make decisions? Are you going to teach me how to sell a company's products to the world? Or are you going to teach me how to build a company from scratch into a world-class company? Five hundred strong?"

Fang Zhuo stopped laughing, looked at Peter, and wondered: "If you have this ability, why would you open a hedge fund? Do you not like money?"

His question was followed by laughter.

Pete was slightly annoyed, but remained calm: "Does it mean that if I point out the problem of enterprise development, it must be an enterprise? Then you didn't make Nokia when you accused Kallasvuo."

Fang Zhuo said leisurely: "Nokia is burning, Kallasvuo is afraid."

He asked: "Otherwise, why do you think you are sitting here?"

Rookie Dennis noticed that Mr. Fang reacted very quickly and felt that the current rhythm was not right. He continued: "Of course it's because there is a huge bubble in Yike's stock price. If he hadn't realized that Yike couldn't match the current stock price, Mr. Fang, you won’t buy your own stocks in large quantities to support the price, right?”

Fang Zhuo replied: "Of course not, this is because you institutions are rudely shorting Yike."

Dennis immediately grasped this point: "You were buying before the institutions discovered the truth about Yike's short selling!"

Fang Zhuo laughed, looked away from Dennis, looked at the audience and the camera, and said helplessly: "This is because you financial fools caused the financial crisis. Yike's stock price fell unreasonably with the market, and it was obviously suppressed." You underestimated it, silly X!”

Dennis felt personally attacked.

However, the scene erupted in cheers because of Mr. Fang’s foul language!

Obviously he is also a victim! They have all gone to the rooftop!

If it wasn't for the strong wind on the rooftop and I was afraid of catching a cold, I would have actually jumped down that day!

Dennis did not dare to defend the idiots of the financial crisis. He pretended not to hear Mr. Fang’s foul language and waited for the cheers to die down before speaking loudly: “Now Yike’s stock price is obviously overvalued, and ITC’s ban is right around the corner. !Yike’s market will suffer a fatal blow!”

Fang Zhuo felt that the cheers just now were very exciting.

He then said disdainfully: "I have already told the agency about this problem, you idiot!"

The issue of the connection between the ban and the new machine has been discussed many times.

Cheers erupted for the second time.

This is not a solution for Yike, it is purely the impact of the financial crisis on the reputation of financial institutions.

Who caused this financial crisis that spread across the world?

A simple answer is the greed of those institutions!

Fang Zhuo listened to the cheers, nodded repeatedly, gave the audience a mouth shape, and kept picking up from bottom to top with the index fingers of his left and right hands.

Silly! Silly!

The cheers turned into an outlet for the crowd’s disgust and anger towards the institution!

The impact of the financial crisis is still there, what a good thing these institutions are!

Compared with the organization, Mr. Fang, the head of Yike on the stage, is simply, simply... just like Snow White!

Along with the angry curses, Dennis was completely confused. Isn't he here to debate the Bible today?

How did it become like this? !

His face turned red, and he muttered something inaudible at first, but soon fell silent.

The host John did not stop the audience's voices, but only signaled everyone to be quiet when the momentum weakened, and the stage still had to be given to the guests.

Dennis didn't want to talk anymore, he needed to calm down.

Andrew, the bounty hunter with the most status and identity, watched the verbal exchange between Mr. Fang and his two colleagues. He felt that this was truly a man who could angrily criticize Nokia at a mobile phone launch conference. He must not use shortcomings to attack long-term goals!

"Mr. Fang, regarding the ban on ITC..." Andrew picked up the phone.

Fang Zhuo suddenly turned around and asked the host: "Can the part just now be cut?"

John thought he was worried about his image, so he said helplessly: "Mr. Fang, we are live broadcasting, it has already been broadcast, and it is also live broadcast now."

Fang Zhuo nodded slightly: "Has it been broadcast? Then I'll be relieved."

John: "..."

Andrew: "..."

Fang Zhuo looked at the bounty hunter who just spoke and motioned to continue.

Andrew took a deep breath. He suddenly missed the atmosphere of Twitter. It seemed that it was a wrong decision to go from online to offline. Now it seems that Mr. Fang has raided three people on his side.

He paused for a few seconds and said again: "Mr. Fang, we all know in our hearts the possibility of ITC banning Yike. As a major shareholder of Yike, I can understand your desperate efforts to prop up Yike's stock price. No one wants to see it. Until all your hard work is wasted.”

"However, financial markets have objective laws. We must admit that Nokia's development in the field of smartphones is not good and Kallasvuo has made decision-making mistakes. We must also admit that Yike is facing a crisis."

"I would like to use a more neutral word to describe Yike is facing challenges."

Andrew asked: "Mr. Fang, can't you even accept the word 'challenge'?"

Fang Zhuo smiled and just motioned to continue.

"I think Kallasvuo has become an obstacle to Nokia's progress. Mr. Fang, do you agree with this?" Andrew used part of Mr. Fang's description. "He has been working in Nokia's system, which is completely bureaucratic and unable to integrate the company's innovation." Capabilities cannot keep up with the development of the times, and Nokia must choose a new helmsman."

Fang Zhuo could roughly guess why he was talking about Kallasvuo, but he still nodded and said: "I agree with this."

Andrew immediately said: "Similarly, after eight years of development, when Yike began to face more patent issues and began to compete with industry giants, you also became an obstacle to Yike's continued progress!"

"Yike needs a real professional manager, Mr. Fang, I admire your ability very much, but maybe you should make up for your learning ability and go to business school to learn more about modern management instead of letting Yike According to your temper."

Andrew spoke very quickly, fearing that the man opposite would stop him: "If a professional manager were to handle the lawsuit between Yike and Nokia, he would let Yike try to reconcile with Nokia no matter what! Even if it means paying a high price Royalties!"

"What Yike needs most is time! As long as Yike develops, no matter how much patent fees it costs, it will be worth it!"

"Your toughness and luck have both delayed Yike's future! Do you think Yike is just competing with Nokia? Microsoft is evaluating Android's patent issues, and Oracle is also evaluating infringement in this area. Even if Nokia is solved, wait for Yike It’s destined to be a steady stream of lawsuits!”

"Also, do you think this is all? Samsung's press conference is mentioned in April! Google CEO Schmidt will definitely attend!"

"Yike is in an extremely dangerous situation! The root of all this is because of your wrong judgment! You must be responsible for this!"

Andrew was impassioned and attributed the problems that Yike is facing now to the man opposite him.

Fang Zhuo's expression changed just because he heard "Oracle" and "Schmidt". This was indeed news that he didn't know. The former was also a patent giant, and the latter, well, wasn't too outrageous.

As for the rest...

He also brought Kallasvuo over and said slowly: "Why should Kallasvuo compete with me?"

"Nokia made him successful."

"And I became Yike."

Andrew watched the man opposite him grow arrogant.

"Is there any so-called professional manager who can plan the direction of Yike on my behalf?" Fang Zhuo said in a calm voice, "Andrew, you have no idea what kind of concept this is. You neither understand Yike nor do you understand Yike's direction." you got me."

He said calmly: "I am willing to continue to buy the company's stocks. This is my right. In fact, I am very confused when you come to this scene today. Everyone likes to judge heroes based on success or failure. We are just waiting to see what the so-called Is it a bubble or is Yike becoming a better company? Is this result something you can tell with just a few words here?"

Andrew started taking papers out of his bag.

Fang Zhuo looked at this scene and finally said: "Rather than having this skill, you might as well invest more money and go short to be more convincing."

Andrew suddenly held the document in his hand: "Mr. Fang, your words are very beautiful! But you and your Yike have reached a point where they can't hold on any longer. From last year to now, you have purchased 8.4% of the shares! A total of an astonishing US$1.06 billion was spent!”

"You said you want to continue buying stocks, how much 1.06 billion do you have left?"

"Where did your 1.06 billion come from?"

Every operation of the major shareholders of listed companies is transparent.

The document in Andrew's hand is the announcement of every increase in Fang Zhuo's holdings.

Not only that, it also contains the value and related changes of the shares of other listed companies. If there are cash outs or pledges, they must be announced. However, there are none!

Andrew and some colleagues were very suspicious of Fang Zhuo's source of funds.

That’s a whopping $1.06 billion in liquidity! There must be something fishy in it!

He was going to use the detailed information of the documents in his hand to break down Fang Zhuo's explanation of the funds, and also see if he could get information on the scale of subsequent funds.

Secretary Liu Zonghong, who was sitting in the first row of the audience, felt his heart twitch when he heard the bounty hunter's question. This question was so fierce that it was difficult to answer. Shorting Lehman was a matter that had ended long ago and was relatively transparent. Could it be that Talk about the profits of MIGA funds?

How can funds make profits during the financial crisis?

The audience seemed to feel that the two sides were talking about key points, and the atmosphere became solemn.

Fang Zhuo sighed and did not answer directly: "You always have to use your thinking to guess me."

Andrew immediately stood up and questioned loudly: "Mr. Fang, please answer my question, where do your funds come from? How can you continue to support the stock price of Yike Company! Could it be that as soon as the news of the ITC ban came, Is the market value of Yike immediately bursting the bubble? You are hurting investors!"

"You always have to use your thinking to guess me." Fang Zhuo repeated, still very calm, and pointed at Andrew who was standing, "You are very poor."

He pointed to himself again: "I'm rich."

You are poor.

I am rich.

Andrew sneered, Wall Street elites are said to be poor, well, relatively poor, but how can you be so rich? impossible!

Liu Zonghong, who was nervous in the audience, suddenly noticed that Mr. Fang was looking in his direction and issued an order in English.

"Notify Sina, submit an announcement to the SEC, and use block trading to settle 2% of the stocks."

Liu Zonghong was stunned for two seconds. He immediately took out his mobile phone and made a call on the spot to inform his boss.

After Fang Zhuo said this, he looked at the astonished Andrew and said disdainfully: "You are doubting that I have no money to buy company stocks, right? Are you doubting the source of my funds? When I use up this more than 100 million US dollars, I I’ll tell you again.”

Poor Andrew really didn't expect Rich Fang to show his financial strength like this on the spot.

This, this is not enough!

You are a major shareholder of Sina, and you can only sell 2% of your shares through block trading within half a year!

Even if you can pledge stocks, this will easily affect Sina!

This is not a reasonable source of funds at all!

You are so casual, your Sina stock price is about to fall!

Andrew wanted to argue, but there was already warm applause for I am rich.

Fang Zhuo stood up from the sofa and motioned for everyone to be quiet with both hands. He looked at the trio of short sellers today and warned: "Our well-informed investors will not be influenced by one-sided, aggressive and uninformed investors with vested interests." Impact of Corroborated Reports.”

"You know what's going on."

"Greed is a sin."

"Andrew, Andrews, it's okay to lie to others, but don't lie to yourself."

Fang Zhuo gave the three people a final look of pity and waved to the audience, indicating that the interview would end here.

Andrew's throat slides up and down, fake! all fake! Only you, Fang Zhuo, know what’s going on! There's bubbles here! What you said is false! Your pity eyes are also fake!

For the third time, cheers and applause erupted.

Amid the commotion, Liu Zonghong’s call to Sina CEO Wang Yan went through.

Liu Zonghong trotted to convey the boss's order.

Wang Yan: "Hello? Hello? Are you so noisy over there? Did I hear wrongly?"

"Why are you selling our Sina stocks? What does it have to do with Sina? Hello? Hello?"