Reinventing the Millennium.

Chapter 1006 Dust Settled (4k)

On April 4, before the opening of Nasdaq, due to the impact of yesterday's large transactions, the pre-market trading of YIKE stock was not as fierce as the previous two days. Many people believed that the Yike incident was about to come to an end.

After all, who else can make a big deal at a time like this?
And if it is Fang Zhuo's side, this is undoubtedly a signal that the incident is moving towards reconciliation.

However, from the close at 21:22 pm on the [-]st to the morning of the [-]nd, there was no obvious news from the SEC and the exchange, and there was no information disclosure from Yike. I'm afraid it will end at the end of this week.

Can the media be trusted?

Is the "Washington Post", which is well-known in the United States and even the world, still not credible?

In any case, the pre-market trading still slowed down, and when the real market opened, although there was still an upward trend, the momentum was not as violent as the previous two days.

As of eleven o'clock in the morning, the market value had only risen by more than 100 billion US dollars.

Fang Zhuo observed the changes in the stock price, and he felt the "unworthy" emotion from both Lu Peining and the big institutions.

This is not enough to eat!

Making less money is worse than losing money!
Lu Peining tentatively stated that he wanted Mr. Fang to hurry up and find a way to charge the stock price again, so that Mr. Kong, a professional, would take orders and put orders from the market.

But Fang Zhuo refused, and the remaining shares of the MIGA fund are also very tight today. At this time, it is especially necessary to pay attention to the sentiment of the secondary market.

Lu Peining's subjective initiative hit a soft nail, but the big organization didn't care so much.

On April 4, at 22:11, five institutions including Goldman Sachs, Bridgewater, Carlyle, Dexter, and Mann issued a joint statement that they would resolutely sue Yike and Fang Zhuo for "secretly building positions" and "manipulating the market"!
The joint statement was like a shot in the arm, which revived the brilliance of Yike's stock price.

Rao Fang Zhuo is already very familiar with the style of large organizations, and he really didn't expect them to come here again today, especially, they also brought Yingshiman in together... Yingshiman, are you serious?
Neither Yi Ke nor Fang Zhuo responded.

Unfortunately, Kong Yu from the MIGA Fund was surrounded by reporters and could only simply say that all procedures were legal and legal procedures could be followed.

The market became irrational again. In just three hours, YIKE's share price rose from US$11 at 687.28:743.59 to US$2124, and the market value of YIKE climbed to US$[-] billion.

Yike stock has been the grave of small and medium-sized institutions in the past two days, and large institutions have undoubtedly added a handful of soil to the grave.

$ 2124 billion.

易科在22日接连超越微软的1600、华夏移动的1700、华夏工商银行的1800、沃尔玛的2000，市值排在了全球第三位。

The third in the world!

Further up, Huaxia Petroleum's US$2870 billion is the second, and Exxon Mobil's US$3365 billion is the first.

Such a strong statement from big institutions is undoubtedly a strong signal, a strong signal to push Yike's stock price to the top in the world!
The people who eat melons continue to watch the excitement. Practitioners in the financial industry are in a bad mood. Many media responded that retail investors, regardless of whether they have shipped or not, are in extremely high spirits in the past three days.

Instead, it was Fang Zhuo himself...

It's almost time to end.

The telephone communication from the SEC can obviously feel that the attitude is getting more and more rigid. If the "intraday suspension" has been released, it is almost short of the final official notice.

At 2:40 p.m., Fang Zhuo silently waited for a call from the head of the SEC. This was the signal that Lu Peining had designated yesterday.

"Come on, Mr. Fang, this is the plan that our e-buy has just revised this year. I hope you will review it again when you are free in the next few days." Su Wei called first, and came to the door with the document after confirming that she was free.

Fang Zhuo flipped through it briefly, and asked strangely, "Why am I revising it? The plan just made in January has no problem in implementing all parts. Why am I changing it now?"

"I heard that every family is gearing up and wants to get some money from the richest man. We, e-buy, can't fall behind." Seeing that the man stopped scrolling down, Su Wei hurriedly helped to turn the page.

Fang Zhuo let out a "huh", the reason is very legitimate, everyone knows that he has made money.

He glanced at the secretary Liu Zonghong who was making tea again on the other side.

Liu Zonghong immediately said: "Mr. Fang, there are indeed such rumors circulating in the past two days. The official documents may be submitted after the turmoil in the financial market is over."

As the boss's secretary, he is sometimes questioned about his tone, and he also heard that the budgets of several companies have to be redone.

In addition, there were already many invitations from various places, and suddenly there were more invitations.

The world's richest man, even if it's only temporarily, this title is really too dazzling.

Fang Zhuo didn't read the document, and after pondering for a moment, he asked, "Where's Bing Xin?"

Liu Zonghong: "Uh, the ice core has not moved for the time being, it is very stable."

Su Wei sighed: "Bing Xin is so calm, why do I need to go out like me, people don't fight or grab, I know Mr. Fang will definitely allocate funds to go there."

Fang Zhuo changed his mind. Now that everyone knows that they are rich, foreign funds that were originally secretive can enter the country and invest in a wave of semiconductor ecological links related to ice cores.

He took Xiao Su's hand and said with a smile: "I'll just ask, put the file here, I'll take a look at it in the evening, tomorrow, um, tomorrow will be the Yike press conference in advance, the day after tomorrow or the day after tomorrow we will have a small conference." Yes, let’s discuss the changes for this year.”

Funds become legitimate and abundant, then we have to increase the intensity.

Su Weimo calculated her own time and arrangements, and it happened that she could fly to the capital and then come back for a meeting without having to move.

She glanced at the screen, and Yike's stock price was still beating.

"I heard yesterday that Yike lost a competitor in China, and Lenovo's mobile phone will be sold." Su Wei talked about a confirmed news.

Fang Zhuo didn't blink: "It's good to cut the meat in time, so as not to sink deeper and deeper."

Su Wei raised her eyebrows: "Are you talking about competition in the stock market or the mobile phone market?"

"It's all applicable. This year's domestic mobile phone competition is so fierce. What are you struggling with? Sell it early and get rid of it." Fang Zhuo smiled slightly, "I don't know if there are any of them shorting Yike in this wave, anyway, those who dare to short Yike can Is there anyone good?"

He raised his hand and took a sip of tea: "Which good man can travel thousands of miles, but he has to detour to Xiangjiang and then go to New York to short me."

Su Wei knew about Mr. Fang's visit to the capital once, and pointed out: "Didn't you throw the hook face to face?"

Fang Zhuo nodded: "Yes, but, which good person can eat this kind of straight hook?"

Su Wei laughed: "Okay, you are indeed the richest man in the world."

The phone on the coffee table vibrated.

Fang Zhuo glanced at the number, shook his head and said, "The world's richest man experience card is about to expire."

This is a call from Shapiro, head of the SEC.

The SEC's highest authority is the committee. Tristan, one of the five committee members, flew to Shanghai two days ago. Shapiro, who is now the head of the committee, made the first call, which also symbolized the final settlement of Yike's short squeeze.

Fang Zhuo had a sincere exchange of views with Shapiro on the phone, and basically reached a consensus on solving the problem.

As a party involved, he also emphasized to the Securities and Exchange Commission that Yike has always faced malicious short-selling counterattacks from the beginning to the end, and has always looked forward to a more stable financial situation.

Shapiro expressed his understanding and was very pleased that Yike was willing to settle options at such a moment.

The call was not long, lasting only 5 minutes.

Before 3 o'clock, Fang Zhuo notified the partner organization, and then Yike Company issued an announcement at 3 o'clock, announcing that it would settle 5% of Yike stock options to avoid excessive distortion of market prices.

As soon as the announcement came out, the stock price of YIKE fell back from the highest point of $753.6 to below $450, leaving a huge upper shadow line on Yike's weekly K-line chart.

Last Friday's closing price was US$89.67, with a market value of 256.2 billion.

The highest share price on Wednesday was US$753.6, with a market value of 2153 billion.

Five days, three trading days, 8.4 times the stock price, a market value increase of 1896.8 billion US dollars, and the tears and regrets of countless institutions.

Wednesday, April 4nd at 22 p.m. ET, Echo's announcement marks the complete victory of an epic short squeeze.

According to rough statistics, only 5% of the option settlement can bring about 22 billion US dollars in cash to Fang Zhuo, and the loss of many hedge funds may exceed 300 billion US dollars in the event of a short squeeze.

ended.

The painful, numb, panicked, helpless, tearful, hated, and cheering Yike short-squeeze incident that made people bankrupt is finally over.

Some people are licking their wounds, some are looking for rooftops, some are silently ruthless, and some still have more to say.

But no matter what, the short-selling agency that claimed that Yike had a major negative and bubble made a world's richest man in just five days, and made a mobile phone company known all over the world.

Is Echo the best mobile phone company in the world?
Nokia won't agree, Apple won't agree, Samsung won't agree.

Is Yike the most financially operative company in the mobile phone industry?
After this battle, no one will deny this.

The company in the financial circle that knows how to make mobile phones the most, and the company that knows how to play finance in the mobile circle!
At 4:416 p.m. Eastern Time, NASDAQ closed, and Yike’s stock price was fixed at $30, which was down by more than $[-] compared to an hour ago. Obviously, it will gradually recover in the next trading days a normal price.

However, no one cares about this now, and even now, no one cares about the belated disclosure of information from the Italian side.

As an evocative short squeeze ended, institutions wailed and groaned, and the media and people who ate melons once overwhelmed Twitter's server. This is so awesome!
The world's richest man, no, the former world's richest man abruptly manipulated many financial institutions in his hands!
Just at 7 o'clock in the evening in New York, Paulson, the big bear who has always been reluctant to accept media interviews, was blocked by reporters at the door of the restaurant, asking about his loss and his views on this incident.

Paulson avoided answering about his loss, but this time he did not hide in the crowd. Instead, he talked seriously about Yike's suspected violations this time.

He did his homework quite seriously.

But reporters don't want to hear that.

When Paulson mentioned that Fang Zhuo and Yi Ke would face a series of legal problems, and Goldman Sachs, Bridgewater and other institutions would be waiting for him in court, the reporter interrupted the narrative from the big short and updated him Latest news.

"Goldman Sachs, Bridgewater, Carlyle and Dessert have confirmed that they have withdrawn their lawsuits," said reporter Smith.

Paulson was taken aback, and immediately said: "There is also Yingshiman."

Smith shrugged: "However, the four companies have withdrawn their lawsuits. What does the Yingshiman family represent? If the situation is judged by the institution's prosecution, can it be said that Yike will not have too many legal problems? Woolen cloth?"

Paulson frowned, immediately smelling a dirty behind-the-scenes deal.

He knows best what these people can do.

And, the purpose of today's lawsuit seems to be clear.

But what about Insman?
Before Paulson had time to think carefully, reporter Smith had already thrown out several questions.

He waved his hand, didn't want to answer any more, and wanted to get in the car and leave.

"Paulson, do you regret your malicious shorting this time?" Reporter Smith loudly used the descriptor from Mr. Fang.

"This is an irrational and crazy illegal operation." Paulson hated the term "malicious shorting". "Do you think this is the end of the matter? Do you think ITC just ignore it?"

"Paulson, do you regret it?" Smith insisted on the answer.

Paulson squeezed the reporters away, opened the car door, and refused to answer.

Smith held up the microphone and chattered away, insisting on hearing answers from those involved in the incident.

Paulson got into the car, lowered the window, and finally answered: "No regrets, no regrets, no regrets!"

Smith smiled in surprise, "I'm in a hurry."

Paulson wished that the windows could be turned by hand, but the glass was still slowly rising.

Reporter Smith took the opportunity to take another photo of the big short in a hurry.

With the current Twitter and the paper media in the next few days, as the dust of the Yike incident settles, the information of these parties will become important news.

……

A jaw-dropping short squeeze came to an end.

Fang Zhuo received calls from many parties.

The most important thing is Lu Peining and others.

In order to show respect and politeness, Lu Peining still used video calls this time.

this video...

Fang Zhuo had known Lu Peining for a while, but it was the first time he saw such unconcealable joy and longing on his face.

I can understand it too.

Whether it is Lu Peining himself or the people behind him, if they have never experienced the feeling of stuffing a lot of money into their mouths abruptly, they could have tolerated their respective slow ways of making money.

But now, this kind of financial grabbing has almost destroyed their outlook on money and values.

Fang Zhuo was still calm, and when he was about to end the call, he also gave a small tactful reminder that even if the money was legal, it would still be hot if it reached a certain amount.

dong dong dong.

The doorbell interrupted Fang Zhuo's thinking after the call.

Wang Fengyi, the general manager of Shenxin Kechuang, who had called in advance, came in with a briefcase between his hands.

"Mr. Fang, Mr. Fang, you, you." Wang Fengyi complained repeatedly when he saw the former richest man in the world, and took out Moutai from his bag, "I have been criticized in various ways these days, and I am under a lot of pressure, so I must not get drunk today! "

Fang Zhuo smiled and said, "Don't say anything else, you are my brother Wang."

Wang Fengyi couldn't wait for the food, poured wine directly, and sighed: "Just this one, everything is worth it."

This is the title from the former richest man in the world, and it is worth a thousand dollars.

(End of this chapter)