my fintech empire.

Chapter 520 [Merrill Lynch wants to divest in anger]

At this moment, the eastern hemisphere is entering the night, while the land of North America is in full daylight.

Charlie Alexander, a core executive of Merrill Lynch, was looking at a faxed material from Star Capital across the ocean. As he read the content of the material, his expression gradually became more exciting.

In the end, with just a "snap", Alexander slammed the report on the table, and shouted angrily on the spot: "Madfaga——!"

Alexander immediately got up and walked out of the desk, and came to the window. The beast supported his back, covered his forehead with one hand, and glanced back at the material report on the desk. He was so stupid now.

The material investment report clearly stated that Qunxing Capital bought 45 billion US dollars of bitcoin with the funds entrusted by Merrill Lynch, with an average price of 1030 US dollars per coin.

A total of 80 billion US dollars were entrusted, more than half of which were encrypted digital currencies.

Alexander returned to his desk again. He turned on his work computer to check the latest price trend of Bitcoin. It dropped -8.64% yesterday, but rose +12.00% today, and the price of Bitcoin was at $831.54.

The bitcoin held under the name of Merrill Lynch has a floating loss of close to 20 percentage points, which is a book loss of 8.66 million US dollars.

"Notify the person in charge of Greater China immediately, and ask him to negotiate with Qunxing Capital immediately..." Alexander picked up the phone and dialed a number, then roared angrily, and cursed angrily after the call: "Damn—!"

At this time, Alexander realized that Merrill Lynch was cut off by Qunxing. The trading volume on the day when Bitcoin peaked at 1059.96 US dollars revealed an epic huge amount. The price of the U.S. dollar took over Bitcoin, and it was $1000 billion.

Even a fool can see it.

Bitcoin’s three super main rising waves, one wave higher than the other, from the price of 0.6 US dollars to 1059.96 US dollars, the increase reached +1765593.98%, more than 1765 times the cumulative increase.

Its price has skyrocketed, and the market has been questioning that this is the result of Qunxing Capital's operation behind the scenes.

But encrypted digital currencies are new and outside the scope of regulation, and the same is true on a global scale.

Although Qunxing Capital did not comment on the doubts from the outside world and did not respond in any way, everyone is sure that Qunxing Capital created this super bull market for Bitcoin. The acquisition of the Mt.Gox trading platform is Qunxing Capital’s intervention in the encrypted digital currency market. visual evidence.

After all, the Mt.Gox trading platform is currently the largest encrypted digital currency trading platform in the world, and the number of users has soared to more than 300 million.

Many so-called industry insiders in China think that Qunxing Capital is going to lose money this time. Bitcoin is outside the supervision, and the acquisition of Mt.Gox will definitely lose everything in the end. When the time comes, Europe and the United States will say that your stuff is illegal. It's also not in compliance, you have nothing to do, just finish the calf.

……

The next day, Friday 9 July.

The A-share market opened today, and the bids in the market opened lower, and then dived within 2 minutes after the opening reversed.

However, Tianzhou Online, which was promoted by the news of the backdoor reorganization, did not accept the impact of the market's sell-off, and today it rose by +9.98% daily limit. Due to the stock price fluctuation, it resumed trading one hour after the temporary stop.

But the problem is not big, the resumption of trading will firmly seal the one-word daily limit, and walk out of the five consecutive boards and the four shrinking one-character boards.

The stock price of Tianzhou Online has soared to 15.21 yuan, breaking through the rebound high since June, and the market value has soared to 28.44 billion yuan. There are two historical highs ahead, which are the price of 2009 yuan in 25.25. And the historical top price of 2007 yuan in the bull market in 30.89.

At around 17:[-], Tian Jiayi came back from the company.

"People from Merrill Lynch went to Qunxing's headquarters today. They were very angry and asked why they got involved in the cryptocurrency market, and they bluntly said that we will cut LP's leeks again." At this moment, the beautiful assistant is talking to Fang in the study on the second floor Hong reported this matter.

At this time, Fang Hong said with a smile: "Why? Of course, he is optimistic about the cryptocurrency market. Isn't the investment report written clearly?"

Seeing his look of being beaten up, Tian Jiayi couldn't help but give him a blank look, and after a while she said: "Merrill Lynch is now proposing to divest the capital and ask the stars to pay for their losses."

Hearing this, Fang Hong sneered, and immediately said lightly: "It's okay to withdraw the capital, let the stars pay for the loss? You let them go and see how the original agreement was signed."

Tian Jiayi said leisurely: "This is a direct relationship with Wall Street."

Fang Hong said with a smile: "I don't do the first grade of junior high school, and they will do it sooner or later, so why don't I act first?"

After pausing for a moment, Fang Hong thought about it and said, "Merrill Lynch said that we should pay for the divestment. This is just their way of expressing their anger. Anger is definitely angry, but they also know that there is an agreement."

Tian Jiayi couldn't help looking at him worriedly: "I'm more worried about whether Wall Street will put pressure on us through other channels other than market games..."

As soon as these words came out, Fang Hong understood what she wanted to say.

If Qunxing Capital is not sure, it may be bypassed directly, exerting pressure from the political, and then pass the pressure to Qunxing Capital and have to compromise due to the pressure.

In the end, Fang Hong said in a deep voice: "Your worries are not impossible. They are indeed weak, but the current stars are not vegetarians. Our attitude is very clear. As for the game at the political level, someone will help us withstand the pressure."

Fang Hong is confident in this point, and the source of confidence has three core supporting forces.

One is that Qunxing Capital already has five top Guo Jia team strategically invested in its shares. If they lose money, the five major institutions will also lose money. Does this count as a loss of state-owned assets?

The second is that the current tax payment of Qunxingzi is at an astronomical level. The figure that belongs to Zhongyang Finance alone has already started at [-] billion, and there will only be more in the future. This is real financial taxation of real money, and there is enough Reasons and motivation to push the pressure back.

The third is that the current main assets of Qunxing Capital are offshore. More than 80% of the total assets have not been returned to the mainland. I don’t know where they are hidden. The purpose of not returning is to avoid large-scale imported inflation all at once. After all, now Inflationary pressures are already high.

Not large-scale reflow is also low-key, and moreover, resources can be replaced directly later, that is, a little reflow. Qunxing Capital buys resources with money, and Guo Jia’s multinational trading company imports the resources back, and the final price is the local currency. Qunxing Capital completed the indirect return.

In this case, if you don't push back, won't you be afraid of chilling people's hearts?Otherwise, the 80% of the assets may never come back.

Therefore, no matter whether it is emotional or reasonable, you can't be soft on this matter, and you must push back.

Fang Hong said calmly: "Don't worry, Merrill Lynch can't divest. Their strategic goal has not been achieved yet, it's just for show. What Wall Street really cares about is the whole group of stars. Billions of dollars are nothing but mosquitoes." The leg meat is just a bait, maybe it’s just acting, so what we have to do is to act on the spot.”

……

(End of this chapter)