In the following days, hundreds of short funds on Wall Street colluded to unite, and the bulls of all parties advanced together and performed their duties.

In addition to wanting to gain great benefits, most of them are more exciting. This is shorting a super giant technology group with the world's largest market value. Once they succeed, the sense of accomplishment is incomparable.

It is not a verbal statement to want to successfully short Blue Star Technology, but the preparation work is extremely complicated.

For example, Muddy Waters, which is short-selling, is responsible for the task of the Costa à. The company mobilized 129 full-time employees and 3,185 part-time employees to start recording the daily customer flow of Costa à and other stores in offline direct stores, operator channels, etc. around the world, covering 100% of the business hours of 80% of the store, constantly collecting customer data, and everything goes light and dark.

The purpose of doing these tasks is to analyze data, find the opponent's weaknesses, and then attack the weaknesses.

...

Mid-July.

Technology Complex Building.

Luo Sheng, who was exercising, received a call from Zhang Bowen.

"Mr. Luo, Wall Street has taken action!"

"So fast?"

Luo Sheng immediately left the gym and called the living room and turned on his personal work computer.

On the other end of the phone, Zhang Bowen replied: "Chanos of hedge funds publicly criticized Blue Star Technology in the Financial Times, questioned our company's financial data, and claimed that hedge funds wanted to short Blue Star Technology, because they questioned Blue Star Technology's financial fraud and put us on the hat of "Oriental Anron".

Luo Sheng operated the computer with one hand and smiled: "Oh? This hat is big enough. Chanos, this bad old man, seems to be the 'leading crocodile' among the bears this time."

The East is peaceful.

This statement undoubtedly struck Wall Street's sensitive nerves. In 2011, Enron, North America, announced bankruptcy, one of the world's largest energy companies, caused a "earthquake" on Wall Street and destroyed Andersen Accounting Firm, which ranked first in the world at the time, to ashes. It can be said to be a big nightmare in the North American capital market.

Luo Sheng transferred the phone to another line, put down his phone and focused on the computer in front of him, and asked: "What is the reaction to the current market situation?"

Zhang Bowen: "The company's market value has evaporated by nearly $50 billion, and its current total market value is $579.1 billion."

It has to be said that until now, some investors or investors still dare to stare at the stocks of Blue Star Technology, and they must have a strong heart.

There is any turbulence in the market now, and BTC stocks will inevitably experience obvious fluctuations. Some time ago, Bluestar Technology Group invested US$135 billion to bring the company's stock price to the level of more than US$600 billion.

Few people can stand this situation. Anyway, the investors don’t think they are leeks. At least they will always have the illusion that the last one who takes over will not be able to do so, so they follow the bigwigs to short.

After finishing the call with Zhang Bowen, Luo Sheng clicked on some of the latest interviews that Chanos jumped out in the media.

In the video of the BBC reporter's interview that is being played, Chanos stared at the camera and explained the doubts in detail: "I am very worried about Blue Star Technology Group. They have adopted various radical accounting methods to modify the statements. In many cases, they use a large number of related transactions with affiliated companies, and these transactions cannot be tracked. Will Blue Star Technology's affiliated companies also place advertisements on the Blue Star Technology platform? First invest money in these affiliated companies that have not counted consolidated financial statements, and then return to Blue Star Technology. This is the turntable effect."

Luo Sheng had no fluctuations in this question, because his legal departments had thoroughly studied it before doing something.

But some people from the outside world may believe it. For example, many people will involuntarily think of the close related transactions between Blue Star Technology and Coast of Azure, such as those game production companies under Blue Star Technology Group, and the console platforms under Coast of Azure.

Chanos: "Among the large companies listed in North America with a market value of over $1 billion, Bluestar Technology's accounting techniques are the most problematic I have ever seen. You see a company with 'the equity and net income of affiliated companies', but you don't know the details. For such a huge multinational group with 200,000 employees, you don't know their real costs and accounting data."

Luo Sheng looked at it for a while and then closed the page. He no longer had to read the following news. Wall Street's current routines are all finding a natural reason for subsequent debt coercion.

If you want to force debt, just force debt. This is exactly the result Luo Sheng wants.

After finishing the call with Luo Sheng, Zhang Bowen immediately held an executive meeting within the company. On the same day, he responded to Chanos, the "leading crocodile", questioning attacks, and he must respond to any basic operation.

Bluestar Technology Group responded quickly and issued a solemn statement to the media in response to the attacks of short funds, and the two sides started the first round of "war of saliva".

At the temporary media conference, Zhang Bowen, who was standing on the stage, said calmly to more than 200 reporters:

"Mr. Chanos has misjudgment and does not understand enough about Blue Star Technology. Since its listing in 2006, the cash flow of our group has been positive in every quarter. Secondly, what he claimed is obviously not understanding our business model. We hope that Mr. Chanos can visit Blue Star Technology headquarters to learn more about the company."

"In fact, more than 300 investors have visited in the past June and spent a whole day with our management to understand all aspects of the business. I personally launched a call to Mr. Chanos yesterday. Unfortunately, he rejected all our invitations, but we still welcome him at any time."

Speaking of this, Zhang Bowen suddenly smiled and added in a teasing tone: "To be honest, I personally spoke with Mr. Chanos yesterday. His response to me was: If you were invited to fight, forget it, so I would still transfer the invitation letter to Blue Star Technology."

"Well, Mr. Chanos has a very tough attitude. But you must respect him, because sooner or later he will have to bear too much pain. As a big short leader, Mr. Chanos will suffer heavy losses, including all short funds and followers who short Blue Star Technology. We have a lot of funds. As long as you dare to sell, I dare to buy it."

The reporters in the audience were snapping wildly, and everyone was watching. Zhang Bowen's speech also contained a full smell of gunpowder in his calmness.

Media reporters at home and abroad are extremely excited about this conversation called war. As the saying goes, watching the fun is not a big deal.

Before the media conference was over, the news here flew out like wings.

For a moment, the business, technology, media and the Internet were watching strongly, and it was the focus of attention.

Since the beginning of 2012, Blue Star Technology Group seems to have encountered various discomforts. Netizens are also indignant and are supporting Blue Star Technology and Luo Sheng. Although netizens who are out of the matter cannot help in substantial help, at least their spiritual support is in place.

Everyone knows that Luo Sheng and Blue Star Technology are fighting against Wall Street, which is really not something that ordinary people can play with.

But not all of them are kind-hearted, and there are also many malicious ones. There are many domestic bosses who hope that Wall Street can slander Luo Sheng and Lanxing Technology so that they have more opportunities to stand out.

This "blue whale" fell down, and everyone could eat it and become a fat man.

The shopping mall is like a battlefield, with turbulent and turbulent clouds. Whether there will be "friends" stabbing the knife in the back depends largely on whether you give him a chance.

As time goes by, Wall Street finally takes action.
Chapter completed!