Reinventing the Millennium.

Chapter 1032 Epilogue (4k)

Xiong Xiaoge arrived at Hang Lung 23.

He is very familiar with this place, but the feeling is different every time he comes here, especially today it is difficult to describe.

During my stay in the United States last week, I have seen the power of retail investors grouping together to squeeze short positions. YIKE’s stock price soared more than 2 times, attracting long positions from small and medium-sized institutions, and forcing large institutions to use off-market tactics.

On Monday, Nasdaq was even more victorious, wiping out all the short sellers who were shorting Yike.

Xiong Xiaoge took advantage of the weekend to fly to Japan to handle the company's business, and witnessed an unexpected turnaround in Tokyo yesterday.

According to his expectation, Yike will continue the momentum of last week. This is destined to be a wave of fighting, and exchanges and games will be needed. The landing point will be on the tripartite patents of Yike, Apple, and Nokia. A group of interested lobbyists.

However, Monday's surge was too crisp!All the short positions were blown up!

Xiong Xiaoge was reviewing this matter comprehensively on the passenger plane from Tokyo to Shanghai.

Today, some people in the United States have begun to voice their doubts, thinking that Aofu’s decision to overthrow is unusual, and there are factors related to his personal relationship with Fang Zhuo. Photos of the two at the NBA arena have also been rediscovered.

However, such evidence was quickly refuted. If calculated in this way, the people Ao contacts on every occasion can be copied mechanically. From winning the election last year to the present, he has contacted an unknown number of people. no contact.

And, Apple also generously confirmed that it did lobby within a reasonable range.

As far as Xiong Xiaoge's perception is concerned...

Since last year, he has vaguely guessed that Mr. Fang is playing tricks, thinking that this is a high-end game, but it is so high-end, involving the world's top funds and many big figures, and finally achieved the goal... This is higher than the high-end imaginable. Be high-end.

Xiong Xiaoge sat in Yike's president's office, stared at Mr. Fang for 2 minutes without saying a word.

"What are you looking at?" Fang Zhuo drank tea, waited for a while, and said with a smile, "There are still 8 minutes. I have a meeting at 01:30."

"I'm wondering what kind of person I invested in back then!" Xiong Xiaoge sighed.

Fang Zhuo's eyes lit up, and he pointed to the objective evaluation from a passerby that he had just written at noon: "The answer is right there."

Xiong Xiaoge followed the guidance and flipped through it a little bit. Artists, pragmatists, authorities...

Among other things, Mr. Fang's handwriting has always been outstanding, especially the handwriting on the wall. If you look at it together, an artist who is kind to others is indeed very artistic.

"Mr. Fang, you are...you are really a person who would commit suicide with eight bullets in the United States..." Xiong Xiaoge expressed his deepest emotion.

Fang Zhuo spread his hands: "It's too dangerous. I dare not go abroad after talking about it. I will spend my old age in Shencheng."

Xiong Xiaoge knew Mr. Fang's scruples about returning to China immediately, but he stirred up the situation abroad and then patted his ass and left. Now the domestic opponents may have a headache.

He shook his head and moved his emotion to the business of this trip.

IDG was founded by McGovern. Last month, he was obsessed and participated in shorting Yike. This month, he was obsessed again and wanted to get some profits back, but the result was a mess again.

Now that the investment department in the United States is close to disbanding, McGovern is considering ending the business in this direction. He is old and in average physical condition. His son is a software engineer and his daughter is a doctor. Neither of them worked for IDG. This time The loss is quite disheartening.

Fang Zhuo listened to Lao Xiong's narration, but didn't ask how IDG was fascinated twice, just like Lao Xiong came in and refused to ask the inside story of Yi Ke's two short squeezes.

Anyway, Old Bear is very capable.

He played with the pen in his hand and asked, "Will McGovern sell IDG? After all, it's his own brand."

Xiong Xiaoge pondered for a while, and replied: "He has established a personal foundation and is gradually transferring assets under his name. Although I haven't talked to him formally, but... Judging from the current situation, the bigger problem is Might be the price tag."

Just as Fang Zhuo was about to speak, a notification tone sounded on the computer, and a message popped up to remind him.

"Wait, Old Xiong, let me take a look." He signaled Xiong Xiaoge to continue chatting later, and glanced at the text message. It was Dalio, the founder of Bridgewater Fund, who was interviewed by the media and reprimanded Yike for insider trading.

Dalio is not too old. Although it has been 34 years since he founded Bridgewater, he is just [-] this year.

"Old Xiong, Dalio said that Yike was involved in insider trading and that I was suspected of fraud." Fang Zhuo shared the latest information casually, and then said, "No, it's early morning over there, and Dalio is so energetic? At this point Still not sleeping?"

It is past one o'clock in the morning in the United States. Not only Dalio, but also the media have not stopped, and they are still using Facebook and Twitter to deliver information.

Xiong Xiaoge thought about it and said, "You and Yi Ke will probably face some legal problems in the future."

"The legal team is ready." Fang Zhuo closed the page and motioned for Old Xiong to continue.

"This is how I think about it. IDG Capital will take over the IDG Global Investment business. This business will be spun off from IDG Group, and IDG Capital will become the controlling shareholder of IDG Ventures." Xiong Xiaoge wants the IDG Global brand.

But before he finished speaking, he heard the same notification sound as before from Boss Fang's computer.

Fang Zhuo opened the message, and read directly this time: "Desun Group announced that it will sue Yike Company."

Xiong Xiaoge was startled, what he was talking about just now, he was already doing.

Fang Zhuo pondered for a while, and said: "Qiaoshui made a noise, Deshang sued, and released the signal in such a panic, maybe it is still worried that retail investors will burn the flames of war to other fund operations under their banner. Once it spreads, it may also cause customers Concerns and redemptions of funds."

Xiong Xiaoge couldn't help admiring Mr. Fang's thinking was always ahead, and he was still thinking about the legal response, so Fang Zhuo figured out the intention behind it.

"Anything new for Tuesday's trading day?" he asked.

"Yike's stock price may still have a slight surge, and then quickly fall back. After all, institutions are really killed. Many retail investors' emotions are satisfied, and some will actively seek profit space. There may be more Go die-type website." Fang Zhuo predicted, "Once the air force group is opened, the organization must be careful in the future, and there will be ambitious people trying to copy it."

Institutions must be careful in the future, at least they must follow the judgment of the company's true value more, otherwise, if someone fishes in troubled waters, the situation will become worse.

Xiong Xiaoge suspected that Fang was always talking about himself. He didn't finish reading those words just now. Did it still say "Aspiring Man" underneath?
The office was a little quiet, and soon there was a knock on the door.

It's Ji Minghua from Lin'an No. [-] Factory. It's time for negotiation.

Fang Zhuo glanced at his watch, stood up and said, "Old Xiong, what did you just say? In this way, I am interested in IDG Group's IDC data and media business. You just came back from abroad today, and you are also resting. Tonight Send me a PPT, and I'll take a look at the specific plan."

Xiong Xiaoge looked at his watch in astonishment: "It's really only 10 minutes?"

"Otherwise? This is already an extra time." Fang Zhuo smiled, "What's more, we have to deal with emergencies such as Qiaoshui and Dexie. They will probably continue to make trouble. Okay, go back Write a PPT and wait for the notification."

The door of the president's office was opened, and Ji Minghua walked in.

Xiong Xiaoge had no choice but to get up, first greeted politely, and then saw more people walking in.

Fang Zhuo took these people to the conference room, and signaled that Old Xiong could drink tea in the lounge.

I have already blocked the old bear, so I can't delay my business.

Xiong Xiaoge left the CEO's office in a daze, and really drank a cup of tea in the lounge before leaving Hang Lung 23—he actually wanted to go back to write a PPT, and then wait for the notification. The scene is over.

In the conference room of Hang Lung 23, Fang Zhuo listened to a more detailed report from Ji Minghua, and even connected with Luo Jianhua who was in Germany.

The combination of these two partners is not bad, both are veterans, but Qimonda's bankruptcy procedure is really complicated, not just a matter of quotation.

In principle, Fang Zhuo believes that it is possible to increase the internal purchase budget to 0.9-1.1 million euros. After all, Qimonda's patents are really valuable.

As for Qimonda's R&D center in Xi'an, it is easier to decide.

The investment scale of this research and development center is more than 1 million Huaxia coins, but now it will not exceed 5000 million Huaxia coins when it is taken over, and it is probably possible to continue to bargain, which is quite affordable.

Fang Zhuo helped Ji Minghua finalize the plan, allowing him to set off for Xi'an this week, and buy the easy ones first. The 5000 million yuan is only over 700 million dollars, which is really too cheap.

Discussions about spending money were in full swing in the conference room, and new news from across the ocean kept coming out.

Following the statements made by Bridgewater and Dexter, Goldman Sachs, Manman, and Carlyle also successively announced that they will resort to the law to protect their rights and interests.

The skyrocketing price of Yike this time is too weird. Leaving aside the overthrow of Baifang, isn’t it illegal for retail investors to link up like this?Are Fangzhuo’s public opinion on Twitter and the Freetrade platform not responsible?

Liquidation belongs to liquidation, and the responsibility that should be pursued must not be waived.

From one o'clock in the morning to nine o'clock in the morning in the United States, the successive condemnations and investigations have not stopped.

This incident had a great influence, including some congressmen who also noticed the relevant situation, and soon expressed their views under the lens of the media.

What freshened Fang Zhuo's mind was that a congressman proposed to amend the current "Patent Law" to avoid another chaotic battle in the mobile phone industry.

The NASDAQ stock circuit breaker, the SEC permanently prohibits naked short selling, and the current "Patent Law" is revised and adjusted... Yike is very happy to promote the improvement of the relevant legal system in the United States.

Fang Zhuo did not immediately respond to the voice of the big institutions. While dealing with the issue of how to spend money better, he waited for the changes on the second trading day.

Sure enough, although there are still voices on Twitter, saying that there are still institutions sticking to YIKE stock, after the opening of Nasdaq, YIKE continued its inertia to make a weak rise, and then went down again.

This kind of decline is...the richest man in the world, second in the world, third in the world, slipping out of the top ten all the way.

At the same time, with the decline of YIKE's stock price, the flames of war really spread to other stocks.

Nasdaq announces its short positions every half a month. The stocks with the top short positions announced on the 15th of this month have all risen to varying degrees, and there are related screenshots circulated on Internet platforms, saying that these stocks are It is related to institutions such as Goldman Sachs and Bridgewater that have been defeated.

Fang Zhuo also looked at the screenshots and found that there were many fallacies in them.

He suspects that this kind of public opinion campaign is not spontaneous among retail investors, but may be the restlessness of small and medium-sized institutions that took the opportunity to short this round.

At 12 noon on Tuesday, Eastern Time, YIKE’s share price has fallen back to $400, but the rate of decline has slowed down.

Fang Zhuo received a call from Lu Peining, asking about the spread of the war.

"Mr. Fang, can we benefit from it?" Lu Peining was straightforward.

"Yi Ke is being sued, MIGA Fund is also being watched closely, and the foundation of my remarks on Twitter is not easy to use now. Instead of pondering these, it is better to focus on the European market." Fang Zhuo expressed his opinion.

Lu Peining also had a further attitude: "Well, Freetrade may indeed need to stop for a while, and there is pressure on this aspect."

Since you can't eat meat, forget it, don't give up.

"Mr. Kong and I talked about Freetrade. This is actually a good platform in the mobile Internet era. It may not be able to grow bigger in the future, but it is a long-term investment." Fang Zhuo said.

Lu Peining said "hmm" all over, and didn't say much, just stop for a while, wait until the incident subsides, and then look at the situation, long-term investment?Can't it be shorter, faster, or longer?

Without such a platform to provide support, most of the foundation of retail investors will be lost, so there is no need to talk about financial order.

He finally talked about the legal issues that are emerging today, which belong to the after-sales service: "Mr. Fang, the SEC will launch an investigation into related incidents that may last for several months. No matter what, this incident has some influence."

Fang Zhuo asked seriously: "What will be the consequences?"

Lu Peining was taken aback: "Consequences? Consequences..."

He thought for a while: "The consequence is an investigative report that may be dozens or even hundreds of pages long. It will talk about the securities market mechanism and regulatory mechanism. There are many things to be busy this year, and it may not be released until next year. The SEC will probably sue Goldman Sachs this year. , Didn’t you have a Goldman Sachs violation in your last press conference? The SEC will continue to investigate and seek greater regulatory reform.”

Fang Zhuo was not serious anymore, he could hear Lu Peining's confidence and confidence.

This is not revenge against Yike by large institutions, but is included in the review of resistance to financial reform. Correspondingly, there are many solutions to solve the trouble.

In the afternoon, the stock price of YIKE was still falling, but after reaching $350, it became volatile, and even had a small rebound after Fang Zhuo appeared on Twitter.

"Finance is really cruel." Fang Zhuo sighed first, and then announced, "I am willing to fund the filming of a documentary about the financial crisis. I saw similar ideas on the Internet before, and you can contact me."

Just after he made such an announcement, Sony Pictures Entertainment took the initiative to find him on Twitter, willing to start a documentary project describing the process before and after the financial crisis.

Finance is really cruel, but making documentaries is really fun.

The two sides hit it off and wanted to give an objective description of the 2008 global financial crisis.

On Tuesday's trading day, YIKE's share price finally closed at $353.28.

Just at the closing moment, Kong Yu, who lives in Washington, walked into the camera of the media. Fang Zhuo was in Shencheng, and the media could hardly reach him. He had to wait for him to tweet, but there was Kong Yu who showed up in the last round. It can be excavated.

Compared with Mr. Fang's charm, Kong Yu with a hideous bald head looks more in line with everyone's imagination of a trader.

Those who stand in front of the stage may not be so vicious, but those behind the scenes may be the most evil.

After all, Mr. Fang is just a mobile phone seller.

(End of this chapter)