Spark 2003
Chapter 426 Huaxia Central System
Chapter 426 Huaxia Central System
"So your 'idea' is to have the institute release false news about the LITV engine in advance?"
In the office of the State-owned Assets Supervision and Administration Commission, a man named Zhang Yi wearing glasses said helplessly.
"Did you know that such trading techniques will almost certainly be counterattacked by the market? After all, this is the financial market. It is difficult to confirm a piece of news, but it is easy to falsify it."
"Once the other party catches the loophole, our trust in the market will inevitably drop sharply. Even if it is done by then, the market will already be rotten."
"The accumulated negative impact is likely to make many retail investors bankrupt - then what we will face will not be a financial problem, but a stability maintenance problem."
Hearing this, a confident smile appeared on Chen Feiyun's face.
"I'm not manipulating the market in this way -- in fact, we don't need to."
"The successful verification of the LITV engine is already true."
"?? Really? What do you mean?"
Zhang Yi asked inexplicably.
He couldn't understand Chen Feiyun's logic. After all, just a few days ago, a group of technical laymen were still arguing about the availability of LITV engines, and the research institute did not give a clear answer. In the final result, everyone also made a lot of extra preparations and wind plans. As a result, the information has completely changed in just a few days?
No matter how fast the technical department progresses, it can't be this fast, right?
But soon, he suddenly realized, and before Chen Feiyun could answer, he continued to ask:
"You mean, we already have the technology of the LITV engine, but it was deliberately hidden?"
"If this is the case, wouldn't even the SpaceX deal be a cover? Just to get rid of Blackstone Capital?"
"That's not right. If this is the case, the timing of our action is too early. They may hurt their muscles and bones, but they will definitely die."
Looking at Zhang Yi's expression, Chen Feiyun gave him a thumbs up approvingly, and then said:
"As expected of my junior brother, the analysis is very good."
"The situation is similar to what you thought. We have indeed obtained the technology related to LITV engines a long time ago. Of course, it is incomplete technology."
"The SpaceX deal is real because we need to make up some of the technical flaws, or you can take it as a sort of, data validation, anyway, that's how I understand it."
"As for Blackstone Capital, in fact, we didn't regard them as opponents from the beginning. They just happened to bump into each other and gave us a chance to deal with them."
"It just so happens that by taking this opportunity, we can pull out all the nails they nailed in the market at once."
Hearing this, Zhang Yi shook his head dumbfounded.
"How else can I say that you are a senior brother? You are so ruthless, you are lying to yourself?"
"What else? If there is an inner ghost, wouldn't it be a waste of time? To put it bluntly, our interior is not as clean as you think."
Zhang Yi agreed, but Chen Feiyun secretly thought that it was a fluke.
In fact, he is really not the person who "knows everything from the very beginning". If the phone call to Chen Nian does not give him a positive answer, then he is likely to be as the junior brother thought. , take the risk to release a "fake news".
After all, peripheral industries and non-core private enterprises must be protected. This is not only an economic issue, but also a strategic issue.
It is related to whether a group of white-glove investments represented by the Guinea Common Development Fund overseas are "conquering cities and territories" or "mutual exchanges." If they cannot keep the fundamentals of the internal economy from collapsing, they will go to another continent to fight for control. Right, it's actually not worth it.
"Now that the financial market is basically stable, what's the next step? How to solve the problem of Honglin Capital?"
"You said you were going to pull out the nails, but if the black stone doesn't fall, the red forest won't fall—I'm still saying the same thing, we moved too early this time."
Hearing this, Chen Feiyun shook his head.
"There's nothing too early --- want to rely on market means to beat them to bankruptcy, do you think about the reality? We have funds behind them, but they don't?"
"The Yankees are poor, but not so poor that they will bankrupt a capital force with a major influence on Wall Street-especially at this juncture."
"So, the only thing we can rely on is administrative means. We can only find a way to expel Honglin Capital and give them an entry permit."
"And this is an important step in our future financial strategy."
"Investment restrictions?"
Zhang Yi asked sharply.
"Yes."
His eyes were a bit worried, because in his opinion, this strategic idea was a bit...too radical.
The so-called investment restrictions are actually not uncommon in form. When foreign capital invests in certain specific fields, most countries will require state-owned enterprises or domestic enterprises to hold more than a certain proportion of shares. In essence, such a policy is In order to ensure the healthy development of domestic enterprises, it will basically not be discussed as a "trade barrier" or "closedism" feature.
But the problem is that what Chen Feiyun said about investment and holding shares is not simply for a certain industry.
In the plan of him and the upper-level decision makers, what they will erect is a real barrier.
To put it simply, it will be a major update to the QFII and RQFII mechanisms. Foreign capital that wants to invest directly in the Huaxia market must go through stricter reviews, and even the government has a one-vote veto power over the flow of funds.
If you want to circumvent this updated mechanism, or in other words, if you want to make money more efficiently in China, a market with obvious unlimited potential, the only solution is actually only one:
That is, in accordance with the special management measures for foreign investment access, establish the institution in Huaxia, and accept Huaxia's capital to hold shares.
This is a ruthless move to pull the plug. At that time, the United States forcibly established the dominance of the US dollar through the Bretton Woods system. Now, Chen Feiyun and his group want to use the Chinese market as a "gold reserve" to establish the status of China's currency.
If it can really be done, what do you care about SWIFT?
Once quantum computing comes out, RSA decoding becomes more popular, and SWIFT's trust drops to a threshold, the world's financial landscape will really change.
The Bretton Woods system will be changed to the Huaxia Central System.
Yes, Chen Feiyun gave it this name so straightforwardly.
Is this a good thing?
For China, of course it is.
But not necessarily for other countries, even for countries other than the United States.
Therefore, resistance and resistance will definitely exist, and what he is worried about is the uncontrollable backlash that this resistance may bring.
After all, it is really impossible for human beings to remain rational all the time, and seemingly reasonable national decisions cannot remain completely "correct" in many cases.
Thinking of this, he continued to confirm:
"Is it going to start already? Now? Before things settle in Europe?"
Chen Feiyun shook his head and replied:
"We can't wait. We have done deductions and found that if the financial system does not keep up, the economic system cannot maintain long-term stability, and its systemic collapse will not take more than 30 years."
"Obviously, this amount of time is simply not enough for us."
"understood."
Zhang Yi sighed.
"Then let's move—plan to arrest Ji Cheng of Honglin Capital first? For what reason? Insider trading?"
"No, the potency is too low."
Chen Feiyun smiled strangely, and then replied:
"Anti-espionage laws."
Just a few minutes after the conversation between Chen Feiyun and Zhang Yi ended, in Shanghai, inside the headquarters building of Honglin Capital.
Ji Cheng packed his belongings in a hurry, and the real-time traffic map was constantly being refreshed on the screen of the mobile phone placed aside. He would glance at it every few seconds to confirm that the route he had selected in advance was correct.
He had to bring all the items he needed within 10 minutes, drive the car he had prepared earlier, arrive at the airport within 30 minutes, and then spend another hour going through security and customs before boarding the plane to Mauritius.
As for the reason?
It's very simple, he knows he's exposed.
This point is already obvious enough from LITV's sudden release of information, not to mention that just two hours ago, he suddenly received a notice of freezing the risk of the trading account.
There is no doubt that the other party is going to attack Honglin Capital, or itself.
At the moment when he saw the result, Ji Cheng felt unbelievable.
His worst plan for this trader is actually purely "economic" problems such as loss, suspicion of insider trading, and market ban.
And if it's just these problems, before the penalty result is made, it will definitely go through the "investigation" stage, and it is absolutely impossible to directly lock the account indiscriminately.
The only purpose of doing this is to collect the net.
Therefore, he quickly realized that the problem must be more serious than what appeared now.
So he spent 20 minutes reviewing all the operations, and finally found the flaw that triggered all risks.
-
Without his consent, the team members released a piece of negative news that had been prepared a long time ago and was originally intended to be used in response to China's official signal of LITV technology progress.
And that message contained some technical details he obtained from SpaceX by using his relationship.
It was this knife that killed himself.
It should have been used in a better place, but because of the aggressiveness and stupidity of Red Forest Capital, it was handed over to its opponent.
But now, it's too late to say anything.
All he can do is to leave this place as quickly as possible, no matter where he goes, as long as he can take off as soon as possible, as long as he can enter without a visa
The documents on the desk have been cleaned by him, most of the slightly less sensitive things have been burned to ashes by the sharp sound of the smoke alarm, and the rest, he had to take away, A bargaining chip that can save his life at a critical moment.
After checking the list for the last time, Ji Cheng let out a long sigh of relief.
There's still enough time, so there shouldn't be much of a problem.
Mauritius is not a bustling island.
But going there for a two-month vacation seems like a kind of break.
He smiled slightly at himself but with relief, then picked up his backpack, turned around and strode out the door.
-
But the moment he was about to step out of the gate, several figures in uniforms had already blocked him.
The leader first walked around him and glanced into the office behind him, and then said:
"It burns pretty fast."
"But it's okay, just grab you."
"Ji Cheng, you are under arrest."
A few days later, at the SpaceX headquarters, the Falcon-9 rocket launch mission press conference.
Musk sat in the middle with a calm face, calmly answering tricky questions from reporters.
"Mr. Musk, what do you think of the recent news about China's significant progress in LITV technology?"
Musk smiled slightly and replied:
"The LITV technology used by Huaxia is based on the technology that SpaceX has studied for many years. They can succeed. Of course, we are happy for them, and at the same time, we are also proud of our own scientific research team."
"But unfortunately, according to the current cooperation agreement we have signed, new technological breakthroughs will not be re-shared with SpaceX in the short term, and we cannot obtain the dividends brought by this technology."
"Of course, this does not have much impact on the future development of SpaceX. We have already chosen the direction of rocket recovery, and we have also achieved good results."
"As we all know, this time the Falcon-9 rocket will undergo the first recovery test after launch, and we have 100% confidence in this recovery."
After hearing his answer, the reporters in the hall started typing on their keyboards to record this crucial sentence of "100% confidence".
But then, the reporter who asked the question asked a second question that had been prepared long ago.
"Mr. Musk, you know, that's not all we care about."
"It is reported that SpaceX and the Huaxia team had major differences in the development prospects of LITV technology, and SpaceX's important partner --- I mean the capital group, tried to make use of this difference to make money, but ultimately failed. "
"Are you aware of this matter? Was this 'advantage transaction' carried out at your suggestion?"
Hearing this question, the originally noisy hall fell silent in an instant.
Everyone is waiting for Musk's answer, and everyone knows that this answer will inevitably cause an uproar in the field of public opinion.
To their disappointment, Musk had no intention of answering.
He just shook his head flatly, and said:
"I'm a techie, and I don't know anything about investing."
"On LITV technology, we did have disagreements, but that was just a very common 'academic disagreement' that had nothing to do with any capital market action."
"And I would like to reiterate one point regarding the existence of the 'advantage transaction' that you are concerned about."
"That is, SpaceX doesn't need such an advantage deal."
"We'll prove it, we'll go to the moon."
Having said that, Musk paused for a moment, then continued:
"We will go to the moon again."
"Once again, we are at the forefront of China."
(End of this chapter)
"So your 'idea' is to have the institute release false news about the LITV engine in advance?"
In the office of the State-owned Assets Supervision and Administration Commission, a man named Zhang Yi wearing glasses said helplessly.
"Did you know that such trading techniques will almost certainly be counterattacked by the market? After all, this is the financial market. It is difficult to confirm a piece of news, but it is easy to falsify it."
"Once the other party catches the loophole, our trust in the market will inevitably drop sharply. Even if it is done by then, the market will already be rotten."
"The accumulated negative impact is likely to make many retail investors bankrupt - then what we will face will not be a financial problem, but a stability maintenance problem."
Hearing this, a confident smile appeared on Chen Feiyun's face.
"I'm not manipulating the market in this way -- in fact, we don't need to."
"The successful verification of the LITV engine is already true."
"?? Really? What do you mean?"
Zhang Yi asked inexplicably.
He couldn't understand Chen Feiyun's logic. After all, just a few days ago, a group of technical laymen were still arguing about the availability of LITV engines, and the research institute did not give a clear answer. In the final result, everyone also made a lot of extra preparations and wind plans. As a result, the information has completely changed in just a few days?
No matter how fast the technical department progresses, it can't be this fast, right?
But soon, he suddenly realized, and before Chen Feiyun could answer, he continued to ask:
"You mean, we already have the technology of the LITV engine, but it was deliberately hidden?"
"If this is the case, wouldn't even the SpaceX deal be a cover? Just to get rid of Blackstone Capital?"
"That's not right. If this is the case, the timing of our action is too early. They may hurt their muscles and bones, but they will definitely die."
Looking at Zhang Yi's expression, Chen Feiyun gave him a thumbs up approvingly, and then said:
"As expected of my junior brother, the analysis is very good."
"The situation is similar to what you thought. We have indeed obtained the technology related to LITV engines a long time ago. Of course, it is incomplete technology."
"The SpaceX deal is real because we need to make up some of the technical flaws, or you can take it as a sort of, data validation, anyway, that's how I understand it."
"As for Blackstone Capital, in fact, we didn't regard them as opponents from the beginning. They just happened to bump into each other and gave us a chance to deal with them."
"It just so happens that by taking this opportunity, we can pull out all the nails they nailed in the market at once."
Hearing this, Zhang Yi shook his head dumbfounded.
"How else can I say that you are a senior brother? You are so ruthless, you are lying to yourself?"
"What else? If there is an inner ghost, wouldn't it be a waste of time? To put it bluntly, our interior is not as clean as you think."
Zhang Yi agreed, but Chen Feiyun secretly thought that it was a fluke.
In fact, he is really not the person who "knows everything from the very beginning". If the phone call to Chen Nian does not give him a positive answer, then he is likely to be as the junior brother thought. , take the risk to release a "fake news".
After all, peripheral industries and non-core private enterprises must be protected. This is not only an economic issue, but also a strategic issue.
It is related to whether a group of white-glove investments represented by the Guinea Common Development Fund overseas are "conquering cities and territories" or "mutual exchanges." If they cannot keep the fundamentals of the internal economy from collapsing, they will go to another continent to fight for control. Right, it's actually not worth it.
"Now that the financial market is basically stable, what's the next step? How to solve the problem of Honglin Capital?"
"You said you were going to pull out the nails, but if the black stone doesn't fall, the red forest won't fall—I'm still saying the same thing, we moved too early this time."
Hearing this, Chen Feiyun shook his head.
"There's nothing too early --- want to rely on market means to beat them to bankruptcy, do you think about the reality? We have funds behind them, but they don't?"
"The Yankees are poor, but not so poor that they will bankrupt a capital force with a major influence on Wall Street-especially at this juncture."
"So, the only thing we can rely on is administrative means. We can only find a way to expel Honglin Capital and give them an entry permit."
"And this is an important step in our future financial strategy."
"Investment restrictions?"
Zhang Yi asked sharply.
"Yes."
His eyes were a bit worried, because in his opinion, this strategic idea was a bit...too radical.
The so-called investment restrictions are actually not uncommon in form. When foreign capital invests in certain specific fields, most countries will require state-owned enterprises or domestic enterprises to hold more than a certain proportion of shares. In essence, such a policy is In order to ensure the healthy development of domestic enterprises, it will basically not be discussed as a "trade barrier" or "closedism" feature.
But the problem is that what Chen Feiyun said about investment and holding shares is not simply for a certain industry.
In the plan of him and the upper-level decision makers, what they will erect is a real barrier.
To put it simply, it will be a major update to the QFII and RQFII mechanisms. Foreign capital that wants to invest directly in the Huaxia market must go through stricter reviews, and even the government has a one-vote veto power over the flow of funds.
If you want to circumvent this updated mechanism, or in other words, if you want to make money more efficiently in China, a market with obvious unlimited potential, the only solution is actually only one:
That is, in accordance with the special management measures for foreign investment access, establish the institution in Huaxia, and accept Huaxia's capital to hold shares.
This is a ruthless move to pull the plug. At that time, the United States forcibly established the dominance of the US dollar through the Bretton Woods system. Now, Chen Feiyun and his group want to use the Chinese market as a "gold reserve" to establish the status of China's currency.
If it can really be done, what do you care about SWIFT?
Once quantum computing comes out, RSA decoding becomes more popular, and SWIFT's trust drops to a threshold, the world's financial landscape will really change.
The Bretton Woods system will be changed to the Huaxia Central System.
Yes, Chen Feiyun gave it this name so straightforwardly.
Is this a good thing?
For China, of course it is.
But not necessarily for other countries, even for countries other than the United States.
Therefore, resistance and resistance will definitely exist, and what he is worried about is the uncontrollable backlash that this resistance may bring.
After all, it is really impossible for human beings to remain rational all the time, and seemingly reasonable national decisions cannot remain completely "correct" in many cases.
Thinking of this, he continued to confirm:
"Is it going to start already? Now? Before things settle in Europe?"
Chen Feiyun shook his head and replied:
"We can't wait. We have done deductions and found that if the financial system does not keep up, the economic system cannot maintain long-term stability, and its systemic collapse will not take more than 30 years."
"Obviously, this amount of time is simply not enough for us."
"understood."
Zhang Yi sighed.
"Then let's move—plan to arrest Ji Cheng of Honglin Capital first? For what reason? Insider trading?"
"No, the potency is too low."
Chen Feiyun smiled strangely, and then replied:
"Anti-espionage laws."
Just a few minutes after the conversation between Chen Feiyun and Zhang Yi ended, in Shanghai, inside the headquarters building of Honglin Capital.
Ji Cheng packed his belongings in a hurry, and the real-time traffic map was constantly being refreshed on the screen of the mobile phone placed aside. He would glance at it every few seconds to confirm that the route he had selected in advance was correct.
He had to bring all the items he needed within 10 minutes, drive the car he had prepared earlier, arrive at the airport within 30 minutes, and then spend another hour going through security and customs before boarding the plane to Mauritius.
As for the reason?
It's very simple, he knows he's exposed.
This point is already obvious enough from LITV's sudden release of information, not to mention that just two hours ago, he suddenly received a notice of freezing the risk of the trading account.
There is no doubt that the other party is going to attack Honglin Capital, or itself.
At the moment when he saw the result, Ji Cheng felt unbelievable.
His worst plan for this trader is actually purely "economic" problems such as loss, suspicion of insider trading, and market ban.
And if it's just these problems, before the penalty result is made, it will definitely go through the "investigation" stage, and it is absolutely impossible to directly lock the account indiscriminately.
The only purpose of doing this is to collect the net.
Therefore, he quickly realized that the problem must be more serious than what appeared now.
So he spent 20 minutes reviewing all the operations, and finally found the flaw that triggered all risks.
-
Without his consent, the team members released a piece of negative news that had been prepared a long time ago and was originally intended to be used in response to China's official signal of LITV technology progress.
And that message contained some technical details he obtained from SpaceX by using his relationship.
It was this knife that killed himself.
It should have been used in a better place, but because of the aggressiveness and stupidity of Red Forest Capital, it was handed over to its opponent.
But now, it's too late to say anything.
All he can do is to leave this place as quickly as possible, no matter where he goes, as long as he can take off as soon as possible, as long as he can enter without a visa
The documents on the desk have been cleaned by him, most of the slightly less sensitive things have been burned to ashes by the sharp sound of the smoke alarm, and the rest, he had to take away, A bargaining chip that can save his life at a critical moment.
After checking the list for the last time, Ji Cheng let out a long sigh of relief.
There's still enough time, so there shouldn't be much of a problem.
Mauritius is not a bustling island.
But going there for a two-month vacation seems like a kind of break.
He smiled slightly at himself but with relief, then picked up his backpack, turned around and strode out the door.
-
But the moment he was about to step out of the gate, several figures in uniforms had already blocked him.
The leader first walked around him and glanced into the office behind him, and then said:
"It burns pretty fast."
"But it's okay, just grab you."
"Ji Cheng, you are under arrest."
A few days later, at the SpaceX headquarters, the Falcon-9 rocket launch mission press conference.
Musk sat in the middle with a calm face, calmly answering tricky questions from reporters.
"Mr. Musk, what do you think of the recent news about China's significant progress in LITV technology?"
Musk smiled slightly and replied:
"The LITV technology used by Huaxia is based on the technology that SpaceX has studied for many years. They can succeed. Of course, we are happy for them, and at the same time, we are also proud of our own scientific research team."
"But unfortunately, according to the current cooperation agreement we have signed, new technological breakthroughs will not be re-shared with SpaceX in the short term, and we cannot obtain the dividends brought by this technology."
"Of course, this does not have much impact on the future development of SpaceX. We have already chosen the direction of rocket recovery, and we have also achieved good results."
"As we all know, this time the Falcon-9 rocket will undergo the first recovery test after launch, and we have 100% confidence in this recovery."
After hearing his answer, the reporters in the hall started typing on their keyboards to record this crucial sentence of "100% confidence".
But then, the reporter who asked the question asked a second question that had been prepared long ago.
"Mr. Musk, you know, that's not all we care about."
"It is reported that SpaceX and the Huaxia team had major differences in the development prospects of LITV technology, and SpaceX's important partner --- I mean the capital group, tried to make use of this difference to make money, but ultimately failed. "
"Are you aware of this matter? Was this 'advantage transaction' carried out at your suggestion?"
Hearing this question, the originally noisy hall fell silent in an instant.
Everyone is waiting for Musk's answer, and everyone knows that this answer will inevitably cause an uproar in the field of public opinion.
To their disappointment, Musk had no intention of answering.
He just shook his head flatly, and said:
"I'm a techie, and I don't know anything about investing."
"On LITV technology, we did have disagreements, but that was just a very common 'academic disagreement' that had nothing to do with any capital market action."
"And I would like to reiterate one point regarding the existence of the 'advantage transaction' that you are concerned about."
"That is, SpaceX doesn't need such an advantage deal."
"We'll prove it, we'll go to the moon."
Having said that, Musk paused for a moment, then continued:
"We will go to the moon again."
"Once again, we are at the forefront of China."
(End of this chapter)
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