Technology Complex Building.

"A little accident happened, and the southbound funds were buying at the bottom. I still underestimated the strength of the domestic small players, and underestimated their confidence in you or superstition?" Qin Weimu said, she had just come over.

Bluestar Technology's market value plummeted by US$500 billion, but in Qin Weimu's original expectation, it should have been cut in half.

The result did not fall below psychological expectations, which also means that this trading would make at least about 12 billion US dollars less profit. It is a fact that domestic investors have no combat power and are always cut.

But having money is also a fact.

Like today's US stock market, there are basically no small scattered people playing, and the main institutions are fighting.

Only the power of the big a small scattered one is amazing, it is just a pile of loose sand and has a combat power of only 5.

This time, Blue Star Technology fell sharply, and the market trend was abnormal, but it was normal, because domestic investors often fought against the main force, and they were cut off every time.

And this time it was still taking over and continuing to buy at the bottom.

Luo Sheng grinned and said, "This is called "wealth luck cannot be stopped even if it comes. The young sects really made it to the bottom this time. It seems that many people who are obsessed with the "wealth code" have already mastered the "wealth code". Haha, I know that you can eat meat by following the archbishop. I don't have to worry about the news and emotions on the market. I just close my eyes and have no brainstorm. Instead, I can make money. Those who have a reasonable analysis will lose money."

The market is so fascinating.

There are many young sects in China who are very straightforward. They just close their eyes and get over it. As for the result, it depends on the gods.

Compared with some old leeks, they look at the company's performance and financial reports, personnel changes, economic trends, industry trends, leverage funds, and a fierce operation. It's so professional. As a result, they saw that the market value of their holdings was trapped on the top of the mountain...

"Brother Luo, time is coming soon, and the special car is waiting outside the door." At this time, An Qingxue passed by and reminded him.

"Um."

Luo Sheng nodded, then got up and went out, took a special car to the Blue Star Technology headquarters. The press conference had been arranged, and the media that came had arrived early.

...

Twenty minutes later, the media reporter at the press conference saw Luo Sheng finally appearing, and everyone stood up and captured the photos frantically.

The person involved finally appeared. The strongest "big short" in history is Luo Sheng's hottest title at present. Many people hate him for this, but as many people admire him, even more.

In a sense, he is a superhero in the minds of many people in China. It is rare in the world to explode the mentality of playing Wall Street.

This was something that was not done before, and such deeds were enough to become a legendary topic that people talk about after dinner.

Luo Sheng had just arrived, and the twittering sounds of the reporters instantly turned the quiet hall into a vegetable market.

"Mr. Luo, in response to the sec allegations, the Financial Times wrote an article today that the management of Blue Star Technology turned from shock to anger at the sec allegations. Is this true?"

"Mr. Luo, what are your responses to this incident?"

"The stock market of Blue Star Technology plummeted, and there are rumors that you have shorted yourself again. Is the news true?"

"In your 24-page accusation against you, you are suspected of misleading investors on a complex debt-security securities tied to dangerous subprime mortgages. Wall Street has stirred up a wave, while North America and Europe are strongly demanding new allegations of your bad behavior during the financial crisis. What is your explanation for this?"

“mr.luo…”

...

The press conference host immediately said: "Quiet, quiet!"

After a while, it finally became quiet, and the reporters sent by major media organizations attending the meeting sat down again.

Finally, Luo Sheng, who was standing alone on the speech stage, finally spoke, and he tried to argue with a serious expression and righteous words:

"I am personally shocked by the allegation decision of Sec on Thursday. Sec filed a lawsuit without any prior warning. Regarding the statement that the case may allow me to step down, last Thursday, after news of Sec's lawsuit, Bluestar Technology's stock price plummeted by more than 12%, and then plummeted again on Friday. This has suffered a series of blows to my personal and corporate reputation so far and has brought immeasurable actual losses. We will be nervous about the stock price in early Monday."

"In this regard, my lawyer team will strongly defend and will accuse Sec, whose alleged fraud charges are legally and in fact completely unfounded."

That being said, he was secretly happy. The Wall Street tycoons who were following the press conference in the middle of the night heard him talking serious nonsense, making a comeback, and describing themselves as victims to complain about their injustice. They were so angry that they were already tired of the operation of Sec's pig teammates.

At the same time, the press conference continued to start a long discussion with a solemn look:

"The allegations made by Sec against me, the so-called conviction exposed my treason and fraud behind the financial storm? I do not agree with this. Is this the whole truth behind the crisis? At most, can Sec be accused me of misleading the world's most savvy Wall Street investors in the 2007 's 'synthetic' debt-security securities transaction?"

"This accusation looks like a funny farce, far from conclusive evidence of the financial crisis, but it throws the blame on me personally. When did I have such great energy?"

"Okay, let's analyze the fraud claimed by Sec. I cooperated with Paulson, a hedge fund investor who shorted the subprime mortgage market, and Michael, the hedge fund. Sec accused me of allowing the fund company to select mortgage securities and allowing investors to speculate through CDO, and also accused me of not telling the investor the fund company's role as the counterparty of this transaction."

"About this allegation, we cannot find anything in the 2007 cdo issuance document that claims that Paulson's company will work together with ACA to long the transaction. The issuance document states that I am not a part of the issuer of the transaction. Since I have helped to reach this transaction, ACA must have passed these documents, and it is certainly clear that this is also pointed out that ACA has the final say on which underlying assets included in the cdo portfolio, and ACA also eliminates the various assets recommended by Paulson Fund."

"A more basic situation is that the designed investment does not hold mortgages or even mortgage bonds, which is why it is called 'synthetic' cdo, which is just a financial instrument that allows investors to play the future value of a particular mortgage bond without actually having it."

"But in the indictment of Sec, it seems that the product issued is an actual mortgage combination, not a bet on these mortgages. So one thing I'm puzzled is why we can't give a clearer description? Maybe we don't understand the difference between cash cdo and synthetic cdo at all, and it's more likely that we know these but blur the wording of the allegations and confusing the audio-visual of the media and the public."

"By definition, such CDO transactions are bets on secondary mortgage guarantees. The existence of short bets is not a secret, but a sufficient premise for trading."

More than half of the reporters at the scene were stunned and couldn't understand at all, or did not understand half of them. The operations of these crazy nesting dolls in financial derivatives are really confused when they are not professionals.

Although I couldn't understand, the reporters saw Luo Sheng's concise attitude, which seemed reasonable and well-founded.

Well, you say a lot, just trust you.

Luo Sheng on the spokesperson faced the cameras of major media, spreading his hands helplessly and continued: "As for whether I have an obligation to tell everyone that Paulson and Michael are shorting subprime mortgages, it is normal for the parties to trade to not reveal that the transaction is normal business practice, but what I am more confused about is why I should be treated differently? Besides, Paulson and Michael are just hedge fund traders, and no long investor would think that this would be like a bet with Bafette."

"In this incident, no party can stay out of the matter. Paulson and Michael bet with IKB and ACA. None of them is not an expert on Wall Street and ordinary commercial streets. No one can deceive him. All the chaos is caused by Wall Street. Put the shit on my head? What international joke?"

The implication is that if you use your rules of the game, you can't afford to lose if I win?

Toad's back, slutty?

Luo Sheng added: "As for shorting Blue Star Technology, sorry, I don't know where the news comes from, but I will investigate the news and the lawyer's letter. I have no obligation to tell everyone that it is normal business behavior for all parties to the transaction. Moreover, I have not participated in the shorting operation at all, and I have no knowledge of the third party's behavior and do not make any comments."

"And, I suffered losses due to the decline in stock prices. In other words, I suffered heavy losses because of fraudulent long investors who cheated trading. I am also a long investor in trading. Therefore, I plotted to cheat... myself?"

...

“f***…I’ve had enough!”

When Lloyd, who was far away on the other side of the ocean, saw this, the boss got up and picked up the stool and smashed the screen. After many anger, he was heartbroken.

Luo Sheng's series of defense responses, from the lines, listened to the ears of Wall Street's bosses, and were full of ridicule and humiliation of them.

Anyone with discerning eyes knows that he is a sophistry. In recent years, the scale of his family fund assets has increased greatly. Has this money been transformed out of thin air?

But it is impossible to refute. Apart from condemnation, he cannot be effectively punished by law, nor can he be frozen and confiscated.

The only thing that makes the big guys feel better is that Blue Star Technology has been on the bus at the moment, but it is still very angry. The biggest piece is taken away by Luo Sheng again.

On the afternoon of the same day, when Luo Sheng held a press conference, new news related to him broke out again.

Luo Sheng's family fund holds US$850 billion in US bond assets, which is actually the third largest creditor of the United States. From another perspective, it is not just this number. As long as the oil dollar is not decoupled, it must deal with the US dollar. Therefore, as long as you have US dollars in hand, it can be regarded as US bonds.

That is to go out toward US$2 trillion. Blue Star Technology and the US dollar assets in the hands of the Costa à have to be added up. Although it is not Luo Sheng’s personal, he has the right to dispose of these funds. Offshore family funds are not in his personal name, but he can dispose of these assets.

The news was exposed and it was a sensation in the global investment community. Investors who learned about this news suddenly realized that Luo Sheng seemed to be at the forefront, but in fact he was so stable that he could not be more stable. Everyone knew that North America would be afraid of Luo Sheng because of the credit of the US dollar. Even if he wanted him to disappear on the earth in an instant, he had to endure this tone.

It’s not that he doesn’t want to touch his money, but that he can’t and dares to touch it. At this time, investors wake up like a dream, and Luo Sheng is afraid that he will win again.

The stock of Blue Star Technology was sung last second, and it may be further leaked on the third day. When the sudden news was exposed, it directly led to a major reversal. Blue Star Technology's stock suddenly became fragrant again.

When the stock market opened next Monday, Bluestar Technology's stock opened directly and soared by 32.2%, and its market value returned to trillions of dollars on the same day. The total after-hours trading market value reached US$115.31 billion.

This time, the rise and takeoff speed was so fast that it beat the retail investors of small and medium-sized investors around the world to stupidly cut off the leeks, especially the investors who cut their losses at the high point on the last trading day saw the market of Blue Star Technology today... Everyone was stunned.

...

(ps: Recommend a friend's black technology article "Super Technology Navigator", which is fat and can be slaughtered. Introduction: Rocket engine wholesale, space shuttle maintenance, satellite maintenance and waxing, space garbage recycling, organizing space tourism, developing the solar system, and being the navigator for the advancement of human civilization!)
Chapter completed!