Chapter 441: Bad Omen
Chapter 441 Ominous Signs
Based on all the news, Yasuda Ichinosuke and others naturally easily judged that Yang Xing was operating tens of billions of dollars of funds. There was a vivid example of a surprise attack on Hong Kong Telecom. It was obvious that a mere Daewoo Group did not need to make Yang Xing so laborious. Yasuda Ichinosuke and Rong Xinyou, who had always insisted that Yang Xing was a bluff, began to shake the confidence of Yang Xing. Yang Xing was obviously implementing a huge plan. Could it be that his goal was really shifted from Daewoo Group to Fuji Bank, preparing to break the record that the largest bank had never been acquired by foreign capital, and to challenge the entire Furong Consortium?
The intention of external economists on Yang Xing's series of actions was also pointed to Fuji Bank. His "all directions are destroyed" was listed overseas on a large scale. The Hong Kong government's sovereign fund invested in Sky Star City with a high-profile investment. It is not simply to repay Hong Kong Telecom's debt and disrupt the opponent's team of Daewoo's acquisition case to explain the past. At the same time, playing a few plates in the air was acrobatics, but it was magic to create more than a dozen plates at the same time. Fewer people suspect that Yang Xing was playing tricks, but Yang Xing's judgment on Fuji Bank is still incredible.
After all, Daewoo Group is regarded as a hot potato by the South Korean government, and Yang Xing’s time to take action is right at this time. However, the strength of the largest consortium behind Fuji Bank is unfathomable. Even if Fuji Bank is a Titanic, the broken ship still has three kilograms of nails. It is undoubtedly a shipwreck for the economic world to sink. Seeing this, Furong Consortium and the financial world will never allow this to happen. Moreover, the *** Consortium has always liked to collude with each other. Fuji Bank has the inside story of many private transactions of the major consortiums over the years. These secrets that are enough to subvert the political and economic world cannot be revealed to the world.
But only this can explain that Yang Xing is so crazy about gathering funds from the capital market. You must know that the cost of raising large amounts of funds is not expensive. A company has too much cash to operate, but is harmful to the operation. Moreover, behind these funds are Wall Street in the United States, Virgin Group in the United Kingdom, state-owned banks in mainland China and sovereign funds of the Hong Kong government. They don’t look like philanthropists no matter how they can make money, and they must involve many behind-the-scenes transactions. Just like the leveraged acquisition method adopted by the acquisition of Hong Kong Telecom, Yang Xing raised enough money to launch a big business involving hundreds of billions of dollars. If it is just to create a scam, the investment will be too great.
Just as everyone was suspicious, in early March, Rong Xinyou, who was far away in London, received a document from Shanghai Wang Lanni, which caused them to fall into a dispute. This was a document with the highest confidentiality of Zhongxing Group that Zhao Yulan got from Luo Juan, and a photocopy of the short-selling Nasdaq futures contract signed by Yang Xing and five major investment banks on Wall Street.
"Do you think this is true or not?" Wang Lanni discussed with Rong Xinyou and the others on the cross-border phone. Although he has been studying in the United States for many years, he has insufficient experience in the financial market. The lesson of failing to break the sand on Qiongminyuan stocks with Rong Xinmin last time made him bitten by a snake for ten years, so he was undecided. Although the temptation of this contract is great, he is not strong now, so he still contacted Rong Xinyou and the others and discussed it together.
Gu He looked at the contract chewing her nails with her made, and he didn't care about the fact that the manicure she had done was bitten. This was the sequelae left after several fights with Yang Xing. When she mentioned the matter related to this man, she couldn't help but feel nervous. Rong Xinyou also frowned. He was not doubting the authenticity of the contract, but considering whether to notify their biggest ally, Ichinosuke Yasuda.
Yasuke Yasuda is now unable to take care of himself because the market is raising a large amount of capital, and wants to make a big move to acquire the poor performance. The rumors about Fuji Bank discussing the possibility of merger with the two major banks of *** are rumored to be everywhere. This time, both the Yasuda family, the largest shareholder of Fuji Bank, or the other companies of Furong Group, attach great importance to this news. Their family knows their own affairs, and they know the difficulties of Fuji Bank. When the official crisis is heavy, it suddenly broke out that they acquired Hong Kong Telecom. The acquisition attempt of the Massacre Yasuke came, saying that they were about to come to the door. At this time, who would still care about acquiring Daewoo Group in South Korea? Yasuke Yasuke was under tremendous pressure. No matter whether the opponent wanted to surround Wei to save Zhao or attack the west, hurry back to *** to prepare for defense operations.
In this case, Rong Xinyou believes that even if I notified Yasuda Ichinosuke, it would be useless. Now it seems that there is no chance to set up obstacles in the Daewoo acquisition case, and Yasuda Ichinosuke is not that important to them. Now everyone in this temporary alliance expects Rong Xinyou to make a decision. Rong Xinyou is known as the most promising person among the "Five Tiger Generals of the Rong Family", and is regarded by his father as the top member of the Zhongchang Group, so he was sent abroad to study early. He did live up to expectations. He founded several companies when he was studying in the UK, and even in the British business world, he was called a business star from Asia.
But there are many geniuses in this world, and his glory was quickly covered by Yang Xing's sudden rise. Moreover, his brother was defeated by Yang Xing and was still willing to work for him. His beloved woman was defeated several times and several times. So he always wanted to compete with Yang Xing. But during this period he realized that any conspiracy and tricks in the face of absolute power were a joke. For Yang Xing, who could mobilize tens of billions of dollars at a time, all Rong Xinyou's plans were now like a bubble.
He felt his lack of strength for the first time and knew that if he did not have the strength to look at Yang Xing, he would be destined to be unable to compete with Yang Xing head-on. Even Yasuda Ichinosuke is not Yang Xing's opponent. Instead of surviving under the huge shadow of Yang Xing, it would be better to give it a try! The futures contract in front of him is undoubtedly an opportunity.
After thinking for a long time, he held Gu He's hand tightly and picked up the phone to reply to Wang Lanni: "I've thought about it. He is too powerful now. Instead of fighting to the death, it's better to go with the flow and keep up with him. Can you ensure the authenticity of this contract?" Wang Lanni on the other end of the phone was silent for a while before saying: "I can only guarantee that I have 60% of the confidence. According to the contract, he bet that the Nasdaq will break through the 7,000 point mark by the end of this year, and then plummeted, and made a large short-selling contract. No wonder he is looking for money everywhere all over the world. If he bet correctly, we can't do anything about him. Do you want us to bet like him?"
"A real man lives in the world and cannot eat five cauldrons, so he is willing to cook five cauldrons. This is an opportunity, and I am willing to bet a bet." Rong Xinmin insisted on the railway. Wang Lanni and Wei Liang on the other end of the phone were sweating. The futures contract means that they can bet ten in one bet. If the bet is right, they will be able to make a fortune in a blink of an eye, but if the bet is lost, they will be doomed. Do they dare to bet?
Obviously, they have read the contract content and are skeptical about Yang Xing's accurate judgment on the time of the Nasdaq collapse, but they do not doubt that it is in full swing at this moment. The Nasdaq stock market, which mainly uses the Internet, software and biotechnology, will experience a crisis, because all kinds of ominous signs have appeared before. Anyone who is a little rational will be afraid of the Nasdaq, which has fallen into fanaticism.
Last year, in order to cool down the obviously overheated US economy, Federal Reserve Chairman Greenspan has waved the interest rate baton since February 3, 1999 to suppress the overheated economy and stock markets by raising interest rates. However, investors' fanatical greed has blinded the rational mind, and treat the Fed's five consecutive major interest rate adjustment policies as a warning.
Microsoft, as the industry's belligerent in the IT industry, has been in trouble since 1997 and has been monopolized by US District Courts in succession of lawsuits. This is a big charge. The strictness of the US antitrust law is world-famous. Rockefeller Oil, which was once a powerful player, was forced to split up. Now Mobil and Exxon Oil giants were still brothers at the time. Every battle between the court and Microsoft will cause stock market turmoil, and what's not bad is that Microsoft seems to be at a disadvantage in this battle.
In December last year, the U.S. and 19 states announced that Microsoft had violated at least four provisions in the antitrust law. On January 13, Bill Gates resigned as president and Steve Baumal took over was considered an intention to show weakness. However, the US government was indifferent and still believed that Microsoft monopolizes the market and demanded a split of Microsoft. Judge Jackson, who was in charge of the case, has always been considered inclined to split Microsoft into two.
These two news has become the sword of Damocles that is pressing on the Nasdaq stock market, but it is very difficult to extinguish the mass fanaticism once it is ignited. Buffett, who has been eating with Yang Xing, has been ridiculed at this time. On March 11, 2000, the day after the Nasdaq stock index reached its historical highest point, he wrote a letter to his Berkshire Hathaway shareholders, admitting that the company's performance was not ideal, because the company's profit plummeted from US$2.8 billion to US$1.56 billion last year. The stocks of traditional industries such as Coca-Cola, Disney, and American Express, which the company has invested for a long time, are all falling, while Nasdaq rose 100% in a year. The famous American Time magazine even publicly humiliated the "stock god" on the cover, with the big letter titled "Warren, what is wrong?"
Buffett, like Yang Xing, was both bearish in the stock market at the time, but no one could hear their warnings at this time. For example, another partner of Yang Xing, Soros, was unwilling to accept the failure in the Asian financial storm this time, and was determined to catch up with this technology boom and turn it around. He was also bearish in technology stocks at first and used Nasdaq as a new target of attack. But obviously his experience was not effective this time. At first, he almost got the market pulse. In the correction that Nasdaq had in early 1999, he took advantage of the opportunity of Amazon's most fierce Internet stocks falling by 50%.
But then the Nasdaq not only recovered its lost territory, but also rose even harder. This wave of adjustments came to summer and recovered its lost territory. This made him difficult. After all, the Internet is also a new thing for him, so he turned to judge that the overall situation of Internet stocks would still strengthen. So he began to be infected by market fanaticism and turned to buy the Donnazac, which was lucky to catch up with the Nasdaq surge from the end of 1999 to 2000.
Chapter completed!