Spark

In Shanghai, in the office of a State-owned Assets Supervision and Administration Commission.

Facing Chen Feiyun sat several leaders of the State-owned Assets Supervision and Administration Commission, and what they were discussing was about the recent fluctuations in the financial market.

In fact, this should have been a concern of the China Securities Regulatory Commission and the Banking Regulatory Commission, but due to the particularity of the industries involved, the State-owned Assets Supervision and Administration Commission, which was already closely related to the Spark Group, naturally became the leader of the disposal team.

". After collecting the clues in the early stage, they have basically been investigated by now."

While distributing materials to other participants, Chen Feiyun said:

"According to the information provided by the China Securities Regulatory Commission, most of the capital flows during this period mainly came from a few fixed business departments, which is basically the same as our previous judgment, and Honglin and Blackstone are behind it."

"However, they used the mouse warehouse on a large scale this time. Objectively speaking, it is very difficult to trace and obtain evidence."

"It's unrealistic to catch them or convict them directly, but we can't let them go. On the contrary, we should counteract them as soon as possible."

"This action must be fast, because their goal this time is very clear, which is to start with a few small companies, win enough equity through secondary market transactions, and then cooperate with the primary market to finally achieve Hostile takeover."

"Currently, according to preliminary statistics, their 'hunting' targets basically include all key companies related to launch vehicles and aerospace, and seven of them have direct business connections with the Long March-9 launch vehicle."

"Once they reach an acquisition, we cannot say how much we will suffer losses, but there will definitely be problems in future project operation and management."

"So, my suggestion is that all departments should respond quickly, whether it is using economic means or direct administrative means to intervene, they must interrupt the other party's actions."

After Chen Feiyun finished speaking, everyone in the conference room nodded.

A man wearing glasses looked at the material in his hand, suddenly laughed and said:

"Don't tell me, this is really interesting."

Seeing that everyone's eyes were on him, he quickly explained:

"Redwood Capital's actions this time basically reproduced our M\u0026A operations in North America, especially in the US market."

"White glove trader, with the help of the secondary market to build momentum, after the acquisition in the primary market, news of the reorganization is released to drive up the stock price to cover the cost, and at the same time complete the industrial integration. This is basically the same strategy."

"However, they seem to have overlooked a problem, that is, the current administrative environment in Huaxia and the United States is completely different."

"This method works in the United States, but can it really work in our country?"

Hearing his words, Chen Feiyun nodded slowly, and replied:

"It works."

"The scale of the targets they chose is not large, and the plate is smaller. In fact, if we hadn't prepared in advance and discovered their actions, most of the acquisition work would have been completed."

"The most typical case is Jiangsu Hi-Tech."

"The price of this stock has fallen by more than 15%, which is a considerable decline compared with the trend of the past few years."

"Generally speaking, their movements this time are extremely agile. Of course, this can be regarded as Honglin's usual style."

"Indeed."

The man with glasses nodded in agreement, and the expression on his face became a little dignified.

"In 2003, Red Forest Capital once participated in the trading of soybean futures. At that time, we were also caught off guard. If Poly Technology hadn't reached an agreement with Argentina, I'm afraid we would have had a hard time getting through that level."

"In 2006, they made another move on domestic real estate. Similarly, we only managed to keep our basic market under the premise of technological breakthroughs and large-scale projects."

"Redwood Capital's trader in China, the one named Ji Cheng, I'm pretty impressed."

"His style is like this. Once he makes a decision, he moves quickly and violently, without giving you time to react."

"He is a very strong opponent - in the previous few failures, he was not defeated by ability, but by general trend."

"To be honest, even now, we are still not sure that we can defeat him purely by market means."

"So fortunately, we don't really need to rely on market means to fight against Red Forest Capital."

Chen Feiyun answered and said:

"I have confirmed with Aerospace Power and the Xinghuo team. Their feedback is that the Chang'e-5 project will be implemented according to the scheduled plan, and the probability of problems is very low."

"On the other hand, regarding the hottest LITV technology that has been hyped recently, Xinghuo's answer is very clear."

"Just two words, yes."

"So, based on the current situation, our strategy is already very clear."

"That is, to slow down the other party's progress as much as possible to buy time for the research institute."

"As long as the first result appears, all the opponent's strategies will be self-defeating."

"It's not easy."

In the office, someone raised his hand and interrupted Chen Feiyun.

Then he continued:

"The other party's original intention for large-scale mergers and acquisitions is the same as ours in the United States. Although on the surface it is to pursue economic interests, in the final analysis, it is still for control."

"So, maintaining a balance of power may not be a good thing for us. We all know that the period of shock is the easiest time to absorb chips."

"If you want to fight, you have to kill them all at once. Simply hit to the bottom, pull to the top, and wash out all their chips."

"The only problem is, we don't have that many bullets."

Chen Feiyun nodded in agreement.

In fact, his judgment is basically the same as that of men.

The logic of Honglin Capital's trading sounds complicated, but in summary, the route is actually very simple.

The first is a large-scale smash based on the negative news of LITV technology, and then it is to attract money at the bottom, and use the follow-up development to drive up the stock price to achieve control.

Now, they have just reached the first step. If they want to interrupt their strategy, they can only forcibly pull up the stock price during their wanton short selling, blow up all their positions, and completely cut off the follow-up to continue trading. possible.

But is this really that easy to do?

In the financial market, if you want to achieve price manipulation, there are nothing more than two methods.

Either play the money card or the information card.

But now, the opponent has already invested a huge amount of money, and at the same time is still occupying the advantage of information. If one's own side wants to fight back, it must invest several times more additional funds.

And doing so is actually "uneconomical".

When economic means become uneconomical, it is no longer included in the optional list.

Chen Feiyun frowned and thought for a moment, then said:

"It's not impossible."

"Let's move first, find a few key companies, communicate well in the early stage, and avoid actual control of the situation."

"In particular, pay attention to greet the heads of various companies and tell them that this matter is definitely not a simple 'commercial activity', but our global strategy has a major impact."

"Consciousness must be established first, don't just look at petty profits--the big deal, they have lost money during this period, and we will use policies to make up for it in the future!"

Having said that, Chen Feiyun paused for a moment, then continued:

"Take care of these issues, and I'll take care of the rest."

Shanghai, inside the headquarters office of Red Forest Capital.

Ji Cheng looked at the report in front of him with satisfaction, and said to the management representative who was waiting to hear the report:

"Our plan is going well, and the current short position has already invested 20%, which is slightly lower than the predetermined risk."

"But relatively speaking, what we've achieved is better than what we could have achieved with the same amount of money in the budget."

"That speaks to two issues."

"First, the confidence of the Huaxia market in the so-called LITV technology and the Chang'e-5 lunar exploration project is not as firm as the official reports. Once there is a disturbance, the number of retail investors following the trend will increase rapidly."

"Second, from the perspective of large funds, the main flow of China's funds in the near future is in the aerospace concept stocks of the US stock market. There is no doubt that this is affected by Tesla's participation in the return to the moon plan."

"On the whole, capital is still smart, and it will always choose the direction it should go."

"All we have done is actually just following the trend."

The management representative on the opposite side nodded slightly, but he did not immediately agree with Ji Cheng, but asked:

"So your judgment on technology is entirely based on the reaction of the capital market, right?"

"We are very worried about the accuracy of this judgment. What we hope to see is a complete and professional due diligence result."

"Well, here it is."

Ji Cheng pointed to the thick stack of documents on the table, and then continued:

"It's not that we haven't done it, but we feel that this demonstration process is too cumbersome and too professional, and it is actually impossible for people in non-related fields to understand it."

"But I can give a basic data, that is: the industry generally believes that, if LITV technology is to be realized, it will face at least 15 key technical difficulties."

"Of course, these difficulties are not insurmountable, but it takes a relatively fixed amount of time to solve each one."

"Even if we follow the minimum standard, from theoretical research, to testing, to actual installation, based on two months, 15 nodes will take at least 30 months."

"According to the latest launch plan of Chang'e-5, it should fly to the moon in six months."

"Obviously, at this point, expectations don't match results."

"But this does not mean that there is a problem with Huaxia Aerospace Technology."

The representative continued to refute.

"Of course! For sure! Otherwise, why should we invest so much?"

"The problem is, we know this, but ordinary investors don't know it, and retail investors don't know it."

"They will only see that their expectations have failed, and that what Huaxia promised has not been fulfilled-and this is a huge negative."

"Understood, what you are talking about is the cyclical effect of information lag."

"That's right."

A satisfied smile appeared on Ji Cheng's face.

"Just like raising pigs, those retail investors will always flock in after making money, but by that time, it will be too late."

"They thought they were raising pigs, but in fact, they themselves were the pigs."

"You are a big pig farmer."

said the representative jokingly.

"You can also say that, but, if I come to raise pigs, aren't you the ones who eat meat?"

"I'm just a part-time worker. I'm afraid I won't be able to stay in Huaxia after this time. Are you ready for the immigration?"

"Don't worry, it's absolutely fine."

"However, I'm curious. It's a big trend for talents to flow to China now. You still want to leave?"

Ji Cheng gave a long sigh and replied:

"A place where there is no freedom cannot be my home."

"No matter how strong it is, so what? Even if it reaches my level, it won't feel a bit of dignity."

"It's better with you, at least, I can live like a human being?"

"Maybe."

The representative smiled and did not answer.

Ji Cheng put away the report on the desktop, and his eyes gradually became sharper.

There is still the last week, and he is going to speed up.

As long as all the chips in his hand are played out, he will be able to retire.

After all, this land is not suitable for me, and the sunshine of the west coast is just around the corner.

On the other side, Wang Tielin was nervously staring at the time-sharing chart on his mobile phone, turning a deaf ear to his wife's call.

Beads of sweat were all over his head, and the expression on his face was a little distorted.

He is going through a big gamble, and the chips have already been cast.

There is no room for repentance.

Today was not his day off, but because of the important decision to be made, he asked the leader for a day off, wanting to use all his energy and best state to operate his own stocks.

Before the opening of the market, he imagined that he could buy stocks at the lowest point, and then watch them soar into the sky, directly locked on the limit board, and help him achieve his goal of wealth freedom.

But the development of things is completely different from what he expected.

Place to buy, down.

Cover up, fall.

Continue to cover positions and continue to fall.

He filled up the position 5 times, and all the 200,000 funds have been invested.

But the rebound trend has not appeared at all.

A large number of sell orders were piled up on the screen, and every time he saw the transaction price jump, his heart also throbbed.

Wang Tielin regretted it, regretted his impulsiveness, and regretted his blind "trust".

He even wanted to clear his position immediately and take out all his money, but the T+1 system made it impossible for him to operate at all. Now he can only look at his own account and walk towards slow death step by step.

He raised his head blankly and looked at his wife who was watching TV.

He didn't know how to face her, and he didn't know how to face this family.

According to the current trend, there is no suspense about the lower limit of the next day, and whether the position can be cleared is still a question.

In this wave, I will lose at least 20%.

40,000 yuan—I can only save so much in a year.

He sighed, sat next to his wife, wanted to open his mouth, but didn't know what to say.

His wife turned her head to look at his face with a puzzled expression.

"What's wrong? Are you not happy after making money?"

"make money?"

Wang Tielin shook his head bitterly, and was about to answer, but his wife continued on her own:

"Hey, let me tell you that your vision is really good, so many years of technology are not in vain."

"This LITV has just been in the news, saying that the technical verification has been successful, and the results will be released next month."

"Didn't you tell me before that whether stocks make money or not depends on this technology? Hey, are we going to get rich now?"

"What!?"

Wang Tielin suddenly came to his senses and asked in disbelief.

"Isn't it a rocket? See for yourself!"

The wife picked up the remote and switched back to the news channel.

At this time, the content on the news is still LITV.

Wang Tielin was so confused that he couldn't listen to the lengthy technical explanations that the host said.

All he could hear were a few key words.

And those few key words made him rush to the top directly from his almost desperate mood just now.

He frantically took out his mobile phone, and at this time, the time-sharing line had drawn an almost straight upward line.

The nearly 20% increase took only two minutes before and after.

Wang Tielin's lips trembled, and after a long time, he stammered out a sentence:

"I knew it. It must be trustworthy!"