Chapter 489 [The capital war has entered a white-hot stage]
This capital war is moving towards a white-hot level. It is a war where gunpowder is invisible, and even outsiders are thrilling.
Technology Complex Building.
"Master, Professor Liu Jianwei's team has received a major news. The email he sent you shows that the research team took half a year to devote themselves to research and development and successfully manufactured carbon fiber nanotubes with a length of 0.58 meters, breaking the world record."
Luo Sheng couldn't help but lit up when he heard Xiaona's report, but he quickly felt relieved.
It was indeed unexpected that Liu Jianwei's team was able to make a breakthrough so quickly, but with memories of his past life, it was reasonable to think that Liu Jianwei's team solved the material problem of space ladder cables.
This news proves that krypton gold can indeed accelerate the breakthrough in scientific research.
After Liu Jianwei's team joined Xingjian International, there was no need to worry about funding or some human relationships.
Star Arrow International will help solve the problem.
Even their life problems are arranged extremely thoughtfully, and he and his research team can devote themselves to scientific research without any distractions.
It is also necessary to break through technical difficulties in advance.
"Reply an email to him, and the achievements made should not be announced to the academic community for the time being." Luo Sheng immediately ordered. This is also a good news. If such news is announced, it will definitely cause a sensation in the materials academic community. Blue Star Technology Group is also one of the major shareholders of Xingjian International. No matter what good news is, it is necessary to raise the BT stock price.
Xiaona: "I understand, the email has been edited and sent."
At this moment, Luo Sheng remembered the ringtone of the phone, and took it out and saw that it was Yao Jianhong called.
"Mr. Luo, Wall Street has collectively forced debts to the Costa 1999. If the company's money is paid off, it may not help Bluestar Technology. Otherwise, its own operations will be seriously affected unless employees are laid off and liquidated assets are cashed out."
In terms of importance, Costa del Blue is bigger than Bluestar Technology, because the former is mainly used as the bottom layer, while the latter is mainly used as the upper layer application.
But in terms of influence and money-making ability, Bluestar Technology wants to instantly kill the Costa ça, especially its profit. The latter is obviously a high-tech company built by Bluestar Technology, but it does not have much high profits.
You should know that last year, Bluestar Technology's annual net profit was four times that of the Costa del Blue.
Because it's crazy to spend money, the annual R&D budget alone is twice that of Bluestar Technology, close to US$40 billion, plus high welfare expenditures for employees, etc., and the accounts receivable turnover of some operators and supply chain partners.
Luo Sheng asked directly: "How much does it cost?"
Yao Jianhong on the other end of the phone replied: "62.2 billion US dollars."
Luo Sheng said without hesitation: "Since they have collected debts, it's just to pay off the debt. As for the issues on Blue Star Technology, you don't have to worry about it. Just make sure that the giant sail on the Coast of Blue is not in trouble."
Yao Jianhong hesitated for a moment and stopped talking, and finally nodded and responded: "Okay, I understand, I'll deal with it now."
Luo Sheng did not explain anything and directly ordered the execution. Although Yao Jianhong was worried, he ordered him from a statement tone of the other party and strongly felt that confident attitude. Even if he did not explain anything, Yao Jianhong felt inexplicably at ease.
There is still a super boss who is holding on to the sky, and it will be useless to worry about it myself.
Yao Jianhong is more willing to believe in Luo Sheng's style. Although he often speaks amazing things, he never goes too far and never does things that he is unsure of. He is confident and decisive, calm and courageous at critical moments.
Shortly after finishing the call with Yao Jianhong, another call came to Luo Sheng.
It was called by Qin Weimu.
"The asset fund principal of Shengfeng Capital requested to redeem their investment fund in Shengfeng Capital, the reason was that you were crazy and they didn't want to be dragged into the water by you."
Hearing this, Luo Sheng smiled happily, ignored the second half of her sentence, and immediately asked: "How many proportions are there, who are the main people?"
Qin Weimu replied: "Almost all foreign capital, accounting for 28% of Shengfeng's total capital ratio, and the total capital redemption volume reached 206.1 billion yuan."
It is worth mentioning that 65% of Shengfeng Capital’s equity is foreign capital, but the largest shareholder here is held by the “Luo Sheng Family Fund”.
Therefore, the largest shareholder of Shengfeng Capital is actually the "Luo Sheng Family Fund", followed by the State-owned Assets Office. Luo Sheng is personally the third largest shareholder in the open, and secondly, he votes with his feet to believe in the "Luo Sheng effect". These restrictions are urgent.
"That is, to redeem 32.8 billion US dollars..." Luo Sheng murmured to himself, but after a moment he replied to Qin Weimu: "The investment agreement has agreed terms. Shengfeng Capital is in order to protect the interests of all investors from harm. He has the right to freeze the investment fund at a critical moment and tell them that if you don't want money, you can go to a lawsuit."
US$32.8 billion, such a huge astronomical figure, has already occupied 60% of Shengfeng Capital's cash reserves, and can only recover cash flow by selling other venture capital industries.
it's out of the question.
The biggest purpose of Shengfeng Capital was to establish this. Isn’t it a waste of money and work in vain after doing this?
Fortunately, when investors entered the market, they had already blocked the loopholes because today's crisis might occur.
Luo Sheng is very confident that investors will definitely not sue.
Who made them blindly admire the "Luo Sheng effect"? They refused to agree and frozen their assets, and they had no way to do anything.
There is only one situation where they can redeem the fund.
That is, Shengfeng Capital Investment Fund liquidation and closing, and all assets will be cashed out and distributed to holders.
But the possibility of forced liquidation is almost non-existent, because Qin Weimu, who has been in charge of Shengfeng Capital over the years, is constantly bringing profits, and investors are actually having a happy rhythm when they see their assets increasing continuously.
Although the fund cannot be redeemed directly as agreed, it can be obtained through fund transfer. Therefore, investors have not received a penny in recent years, but it is a fact that the assets are increasing. Moreover, the investor is not an individual investing in Shengfeng Capital. The threshold is extremely high. They are all fund companies or V institutions. They are not short of cash. They hope that asset appreciation will optimize the asset list and publish impressive performance statements.
This time, the biggest reason why the investor suddenly asked to redeem the fund was that he felt guilty.
Luo Sheng now gives them the feeling that he is a madman who has lost his mind and has brought all the companies, funds and Wall Street fights he controls.
Investors are obviously not optimistic that Luo Sheng can beat the bears of the entire Wall Street. They admit that Luo Sheng is a genius, but want to fight the entire Wall Street alone?
Investors think this is basically a dead end and don’t want to go to hell with Luo Sheng.
But this is impossible for them to do so.
After Qin Weimu finished the call, he immediately drafted an email to send it to all investors of Shengfeng Capital.
The email content is very concise. Some investors are now asking for redemption of the foundation to increase the risk index of Shengfeng Capital, which will damage the interests of all investors. Therefore, from the time the email is distributed, all the investors' funds at Shengfeng Capital will be frozen. When will it be thawed, and until Shengfeng Capital moves down from a high risk.
The subtext is that the freezing time can be extended indefinitely.
When investors who wanted to redeem the fund received this email, they instantly realized that they were completely trapped, and their mentality exploded. They almost fainted from anger on the spot and could only roar in the office.
Investor: Why do you want to die?
...
As time goes by, after October, this capital war without gunpowder has entered a complete white-hot level.
The short funds on Wall Street have also felt the pressure clearly. As of now, in order to short Blue Star Technology, the total book loss amount has reached US$100 million. More than 85% of the short players have cleared their positions and have no combat effectiveness.
Among them, there are many short sellers. Hedge funds have risk exposure restrictions. The risk exposure of a hedge fund is set at 5%. Once it reaches the red line, it can only close the position.
The market value of Blue Star Technology has not fallen below the 500 billion US dollars so far, which shows how firm Zhang Bowen’s determination to protect the market is.
The short sellers are also pounding their hearts now, but they are all a group of adventurers and gamblers. They know that they are under great pressure and are more aware of the pressure of Blue Star Technology at this moment. Zhang Bowen must be under greater pressure.
Short institutions have suffered heavy losses, but Blue Star Technology has suffered relatively heavy losses. Now, not only has all cash reserves been emptied, but it also owes all debts to the Costa del Blue, Shengfeng Capital, and Life Science Fund.
These brother companies and funds come to help with cash flow, but they are not free, they are all borrowed.
Whoever can hold on to the last breath can laugh to the end, and all the losses can be earned back with capital and profits depends on who fell first.
...
On October 21, the new headquarters of Bluestar Technology Group Mobius Ring, the core executive conference room.
More than a dozen core managers at the meeting looked in the sound of the meeting door opening, and only saw Luo Sheng entering the meeting. What surprised Lao Zhang and the others was that he would actually bring an outsider in.
Even most senior executives in the company are not qualified to participate in meetings of this level.
This person is Zhong Yuanhong.
After he came in, he sat aside and listened. The executives present looked at each other and didn't ask anything. Although he didn't know the reason, since Luo Sheng brought it in, he had his own reasons.
Zhong Yuanhong did not sit at the conference table, but sat quietly as a guest. He did not say a word throughout the whole process when he entered the conference hall.
Luo Sheng came to the chief seat and sat down, looked around and said, "How is the battle?"
Zhang Bowen, who was sitting in the second-in-command position, immediately replied: "Mr. Luo, I have no money."
Concise and concise.
It also reveals the tragic extent of this capital war. As the richest technology group in the world, Blue Star Technology has no money. It is obvious that the lack of money here also includes Shengfeng Capital, and the Costa delle of the Blue Sky can't afford extra money to support the front-line battles, otherwise it will have a crisis of a broken capital chain, and then it will be a total blood-collapse rhythm.
Luo Sheng said: "Why don't you have money? Don't forget that the company has 40.8% of the treasury stocks in its hands. If you sell some to cash, you will get money."
Everyone was full of doubts when they heard this. An executive at the meeting smiled bitterly: "Mr. Luo, you are not kidding, right? The cashing out of the treasury stock is equivalent to directly announcing surrender. There is no difference..."
In fact, everyone was very complaining but didn't dare to say it out loud. All this was because of Luo Sheng's previous decision to start the repurchase plan with US$135 billion. Otherwise, those short funds would not dare to play with them, and they would not have fought to the point where they were out of ammunition and food.
Luo Sheng never explained anything because he did not explain to them that Bluestar Technology is going to go public in Hong Kong after all, and the biggest purpose of going public in Hong Kong is to find a super strong backing for Bluestar Technology.
The executive at the meeting added: "But if the transfer to a third party is not circulated in the market, who dares to take over at this time?"
Upon hearing this, Luo Sheng turned his gaze with a mysterious look. Seeing this scene, Lao Zhang and others also looked along his gaze.
Everyone's eyes in the conference room fell on Zhong Yuanhong who was listening.
At this time, Luo Sheng's words floated into the ears of Zhang Bowen and others: "Who said no one took over? Isn't this the buyer already invited?"
As soon as these words came out, everyone subconsciously exclaimed: "What?"
...
Chapter completed!