Rebirth 76: Industrial Internet Empire

"Peace, Qianhai Asset Management should still have a lot of circulating stocks of Microsoft, Qualcomm, Intel, and Texas Instruments, right?" Yang Mo suddenly asked.

Li Heping nodded.

"Then take action on leading stocks such as Microsoft, Qualcomm, Intel, and Texas Instruments! After the market opens next Monday, use all the circulating stocks you hold to smash the market!"

After Yang Mo finished speaking, he turned to look at the screen, pointed at dozens of newly listed Internet companies with his finger, and said: "Kexin, you are in charge of the new stock sector. Don't consider the transaction costs and give the investors who hold these new stocks a hit." It’s a psychological shadow, especially that one, which is very representative. They just got a prime-time Super Bowl ad not long ago, and their cash flow should be very tight. Smash the stock price down and don’t give them the opportunity to raise funds from the capital market!”

"Qian Ning, Amazon opened a self-operated pet store and spent 2000 million US dollars to subsidize consumers and compete for users..." Yang Mo continued to ask.

"Isn't that true? What impact can a newly listed e-commerce company have on Amazon?" Lin Xi asked in confusion.

"Ask how many stocks Kexin has short-sold?" Yang Mo chuckled.

"Do you really want to force me into bankruptcy?" Lin Xi asked.

Yang Mo waved his hands and said disapprovingly: "Even if they really go bankrupt, they are responsible for it! The market value of a pet store is as high as 60 billion, and even labor and management are jealous."

...............

Monday, May 3.

As soon as the morning market opened, Li Heping dumped all his holdings of Microsoft, Qualcomm, Intel, and Texas Instruments...

The technique is so crude that investors can tell at a glance that a large institution is shipping!

Zongheng Investment also aggressively borrowed stocks from financial institutions and sold them, and panic gradually spread among investors...

Yasuda Kaga's intention to further fill the gap was shattered. He could not lead ordinary investors to stop the bullet by raising prices, so he could only use real guns and live ammunition to protect the market...

The first showdown between bulls and bears on the New York Stock Exchange has officially begun!

Hibiscus Bank Chicago Branch.

"Baga! Is Qianhai Asset Management crazy? There are still a few months until the settlement day, launching an attack so early?" Yasuda Kaga cursed angrily.

"Your Excellency, President, maybe they are afraid of your carefully concocted jump cross star, right? They won't give us a chance to fill the gap!" Yumi Yasuda guessed.

After pondering for a long time, Yasuda Kaga said: "Li Heping wants to consume our funds. Qianhai Asset Management has reduced its holdings of a lot of shares, and its cash flow is far more abundant than ours. It is not appropriate to do anything with them before the follow-up funds are in place." Keep struggling and give up on filling the gap!”

After witnessing the rough operating methods of Qianhai Asset Management, Abby Cohen accelerated the pace of adjusting the stock allocation ratio and transferred some positions in technology and Internet stocks to the constituent stocks of S&P and Dow Jones!

The first head-to-head game between the long and short sides ended with the retreat of the long side!

As of midday, the Nasdaq closed at 4942 points, down 0.1%.

…………

San Francisco, Qianhai Asset Management Company.

Jonathan walked in under the guidance of the staff. As soon as he saw Li Heping, Jonathan opened his arms and laughed loudly: "Mr. Li, my old friend, we meet again..."

"Mr. Jonathan, long time no see! Are you okay?" Li Heping opened his arms and said with a smile.

After a brief exchange of greetings, Jonathan asked straight to the point: "Mr. Li, Qianhai Asset Management's large-scale reduction of its equity holdings is probably not just for the purpose of acquiring Time Warner, right?"

Li Heping laughed and said: "It's just a normal commercial merger and acquisition case. Because the acquisition target is huge, I have to reduce part of my equity holdings to raise funds!"

Jonathan shook his head and said: "Mr. Li, you don't tell lies in front of real people. As far as I know, the investment companies that have significantly reduced their holdings of science and technology stocks this time basically followed Qianhai and Zhiyuan and participated in the financial actions in Southeast Asia, right?"

Li Heping smiled bitterly and said: "I really can't hide anything from Mr. Jonathan! You came to visit me personally just to ask me this, right?"

"Are you going to short Nasdaq?" Jonathan asked with an eager look on his face.

"What do you think of the valuation of Internet companies?" Li Heping asked with a smile.

"In just four years, the Nasdaq index skyrocketed from 1100 points to 5100 points, creating a miracle in the history of securities trading. It indeed spawned quite a bubble, but the wealth effect brought by Cisco, Sun, and Intel was also It should not be underestimated, just take your Qianhai Asset Management for example! The Cisco stock you hold is now worth close to [-] billion US dollars, which has increased hundreds of times..." Jonathan said after pondering for a moment.

"So you think the Internet bubble hasn't burst yet?" Li Heping asked.

"No... no, the balance of power between the long and short parties is only temporary. The downward channel has been opened. There is no reason for the panic decline. I am afraid it is because capital giants including Goldman Sachs and Berkshire hold a large amount of technology stocks. For Internet stocks, they need to get enough short positions in Nasdaq futures to hedge before they dare to sell the stocks they hold..." Jonathan analyzed rationally.

"Mr. Jonathan is really awesome! You can see the mystery at a glance! I wonder how many technology and Internet stock positions HSBC still has?" Li Heping expressed his thumbs up in admiration.

Jonathan smiled bitterly and said: "To tell you the truth, HSBC's position in technology and Internet stocks is not light. What's more terrible is that the investment department was negligent and did not hedge risks in Nasdaq futures in time..."

"I'm afraid it's not just that I didn't do any hedging in Nasdaq futures, right?" Li Heping said calmly.

"I really can't hide anything from you! HSBC and Furong Bank have had several good cooperations, so a few months ago, under the lobbying of Yasuda Kaga, they accidentally joined various camps..." Jonathan sighed and said.

"It's a pity that we can't fight side by side this time and become rivals!" Li Heping said with a wry smile.

"No... no, many years ago, I said that I don't want to be your opponent at any time! That must be an unpleasant experience..." Jonathan said.

"Mr. Jonathan, there is no need to deliberately praise him! The long and short game depends on his own ability. Who can guarantee that he will not fail? There has never been a myth of invincibility in the financial market..." Li Heping laughed.

"Mr. Li, I flew to San Francisco to visit you because I have a merciless request. I hope you can give me a few days to close out my long Nasdaq position. In return, HSBC is willing to sell its holdings." Some technology and Internet stocks are used as bargaining chips..." Jonathan said with a sincere face.