Chapter 117: Shorting Intel
Go back in time five days ago.
After Cao Mang told Mr. Ni the plan, he found Xu Rang's old classmate Robin.
"Mr. Cao, you are so free to come to my place this time." Robin greeted with a smile.
"If I don't have business to do, I'll just think of you, Mr. Luo." Cao Mang said with a smile.
"It seems that Mr. Cao finally remembered me." Robin said with a smile. It had been a year and a half since Cao Mang last borrowed 500 million soft sister coins from him.
So Robin was very curious about what Cao Mang wanted to do when he came here this time.
"I would like to entrust your company to help me short Intel." Cao Mang said straight to the point.
"Mr. Cao, did I hear you correctly? Are you sure you want to short Intel?" Robin said in surprise.
Intel has fallen from 2000 to 8 yuan now, and the Internet winter has passed.
Technology stocks have also begun to recover. It is very unwise to short Intel at this time.
"That's right." Cao Mang replied.
"Does Mr. Cao have any inside information?" Robin Robin asked doubtfully.
“I don’t have any inside information, I just think Intel will continue to fall,” Cao Mang replied.
"I wonder how much short selling Mr. Cao needs?" Seeing that Cao Mang was unwilling to answer, Robin stopped asking.
"500 million U.S. dollars." Cao Mang stretched out his palm and said.
"No problem." Robin nodded and replied. There was no reason not to do the door-to-door business. With US$500 million, he could earn millions of dollars just from handling fees.
"But I have no money." Cao Mang smiled, showing a row of big white teeth.
The funds in his hands now are only 500 million soft sister coins.
"..." Robin was a little speechless. There was really no way to continue the conversation. Cao Mang just talked to death.
"So I plan to take a loan from your company to complete this business." Cao Mang said when the other party was silent.
"9% annual profit." After Robin heard Cao Mang's words,
He tapped his fingers on the table, thought about it and said.
"OK, no problem,
This is the company's transaction record under my name. Mr. Luo, please take a look at it. If there are no problems, then I will sign the contract quickly. This matter must be completed today." Cao Mang glanced at Sakurai Yumi next to him.
Sakurai Yumi took out the information from her bag and put it in front of the other party.
Citi was very efficient and signed a contract with Cao Mang that afternoon.
If it weren't for the fact that he was Chinese and had no secret channels, Cao Mang wouldn't have just short-sold such a small amount of money. If he went too far, he would be afraid that the other party would pull out the network cable.
...
The day before the press conference.
"Robin, you have drawn attention to something. There is a mysterious fund shorting semiconductor stocks in the market these days." Robin's colleague who was in charge of stocks on Wall Street called him back.
"Charles, I think this is not an easy matter. You'd better be careful. I always feel like something is going to happen." Robin replied.
"I see,
Thank you Robin." Rob Charles replied.
If it weren't for Robin's reminder, Charles would not have noticed the market anomaly. You must know that Wall Street is a place where individuals can eat people, even if they are their own people.
Charles spent a lot of time contacting many people but could not find the source of the funds. The only big deal he could find was the US$500 million that Robin took over.
After the press conference ended,
Robin received the information from the Academy of Sciences press conference, and then realized why Cao Mang wanted to short Intel.
At 4 a.m. the day after the press conference, when the U.S. stock market closed, Intel's opening price dropped from 7.6 yuan to over 3.2 yuan. According to the agreement, Cao Mang's takeover price was 3.5 yuan. Citibank took back the stock at this price, and he earned 3.0 yuan in less than a week.
100 million U.S. dollars, but it’s unclear how much profit the company made.
After the settlement at Citibank, Robin made a congratulatory call to Cao Mang. He also tested Cao Mang to see if he could get any information. Unfortunately, he did not get any information from Cao Mang.
In order to avoid any unexpected situation, Cao Mang asked the other party to transfer the money to ICBC's account. If the lighthouse country froze the money, he would really be cheating Yang Bailao.
Robin also re-examined Cao Mang's identity. In his opinion, Cao Mang must have connections with the higher-ups, otherwise he would not have participated in this arrangement.
Robin kept it to himself and didn't talk about it. He knew that sometimes knowing too much was not a good thing.
Wall Street has nothing to do with the funds that have been deployed in advance. After all, they are also involved in short selling and harvesting the market. The most important thing is that they still cannot find the source of the funds.
Some people even suspect that this money comes from Wall Street capital.
...
This wave of technology stock decline did not last long. After the capital gathered enough chips,
Various experts appeared on TV and in the media to refute the rumors. Coupled with the pride of the white people in the Lighthouse country, they firmly believed that the chips and systems released by China were all lies. This stock market crash was definitely a mistake, but when they were like this
By the time I felt it, the prices of technology stocks had already gone back up.
...
It was less than two months before Penguin's listing date. Liu Zhiping once again ran from Hong Kong Island to Shenzhen to see Brother Ma. Penguin's current data made him very worried.
"Mr. Ma, how's it going at Penguin Internet Cafe?" Liu Zhiping asked.
"There are currently two open, and the other 800 are already under renovation. They are expected to be open next month. There is one diagonally opposite the company. I will take you to have a look." Xiao Ma replied.
It’s not like Xiao Ma has done nothing during this period. In order to find out what’s inside the Kirin Internet Café, he purchased a Kirin Internet Alliance at a high price of 3 million. After figuring out the situation, he decided to expand crazily. In order to expand quickly, he purchased real estate.
A lot of money was spent on consultants and third-party companies. On average, an Internet cafe spent nearly 50,000 yuan more.
Brother Ma took him to the Penguin Internet Cafe for a tour. The Penguin Internet Cafe had an attendance rate of 70% during the day. Liu Zhiping was very satisfied with this figure.
Even if Penguin's current data is not very good, he believes that Penguin will be very eye-catching when it IPOs in the form of a social Internet cafe and will apply Wall Street methods when the time comes.
"Very good, very good. Penguin's online plus offline model not only retains customers but also creates secondary profits. It is far better than Mr. Ma's original model." Liu Zhiping praised.
But he doesn’t know that this attendance rate comes at a price. Other Internet cafes currently charge 2.5 to 3 yuan. In order to attract people, Penguin lowered the price to 1.5 yuan. According to Penguin’s financial statistics, after deducting losses, the income
and expenditures were barely the same.
Even if Liu Zhiping knew about it, he wouldn't think it was a big deal. As long as Penguin can retain customers, there will be many ways to get customers to pay.
Chapter completed!