"It's okay, Mr. Fuld, if you have something to say, you can just say it. Qiao Tianyu hurriedly asked.

“M

Joe, I'm worried that with such a big deal of Merck shares, those banks will hoard Juqi, take the opportunity to raise the stock price, and knock us hard. Fuld said worriedly.

"Mr. Fuld, it's okay. Qiao Tianyu shook his head.

"Merck is now trading at $32 a share, and I'm going to pull it up to at least $60 a share, so it's okay if your purchase price is a little higher. ”

"Pull up to $60 a share?" Fuld couldn't help but extend a thumbs up to Qiao Tianyu after hearing this.

"In your Chinese words, it's really a hero from ancient times! Okay! No problem! I did it!"

"However, Mr. Fulder, your acquisition must be closed before the close of the NYSE in the afternoon, or it will be too late. Qiao Tianyu instructed.

"No problem!" said Mr. Fuld, confidently.

"With my connections in the investment circle, it's still no problem to buy some stocks!

"Don't worry, it won't delay you!"

"Okay, thank you so much!"

Seeing that Fuld was so happy, Qiao Tianyu's heart was half relieved.

After coming out of Lehman, Qiao Tianyu returned to the base camp Zero Point Fund.

He first arranged for Henry to rush to Boston to stand by, then locked himself in his office and reworked all the plans from front to back.

"No problem! Absolutely!"

An hour later, Qiao Tianyu's face finally showed a confident smile.

The time is ripe and it's time to launch the final plan.

The first step is to enter the urn!

Qiao Tianyu did not hesitate to answer the phone call of Liu Kai, the manager of the sponsorship fund of Boston First Public University.

"Dude, let's get started!"

"Okay!"

At this time, Liu Kai was also excited, and the heavenly situation that had been laid out for a long time was finally about to open.

Putting down Qiao Tianyu's phone, Liu Kai answered the phone of those university fund managers one after another.

Soon, the big four hedge funds were urged by the university fund managers.

According to the previous contract, the Big Four hedge funds must make their first profitable trade within 10 days of receiving the investment from the university fund, otherwise the university fund will have the right to withdraw the investment at any time.

It stands to reason that, under normal circumstances, no investment institution would sign such a "poison pill contract", which undoubtedly puts a tight chain on the neck of the investment institution.

However, the four major hedge funds wanted to cut off those "God of Wealth" in a short period of time and completely cut off Qiao Tianyu's financial resources, so they had to take these poisonous pills.

As a result, the Big Four hedge funds immediately rushed to seek profitable investment opportunities all over the world after receiving urging calls from various university sponsoring funds.

And this is exactly what Qiao Tianyu wants to see the most!

Step 2: Cast bait fishing!

At half past three in the afternoon, Qiao Tianyu received a call from Fuld that Lehman had successfully acquired the shares of Merck Group held by major banks, totaling 4.7%.

Lehman's 4.7%, plus Mr. Anji's 7.8%, and Rubin's 8%, Qiao Tianyu now holds a total of 20.5% of the shares.

That's enough!

Qiao Tianyu immediately instructed Fuld to spread the news that Lehman held a large number of shares in Merck Group through various "grapevines", but he could only lend these shares to the four major hedge funds such as the Sakura Fund.

After hanging up Fulder's phone, Qiao Tianyu immediately connected Rubin's phone, "Uncle Rubin, the first agreement, call out!"

"Okay!" Rubin commanded.

Immediately after that, the first big news appeared in the market.

"Morgan Stanley signed a bond-backed loan agreement with Merck Automotive Group for up to $700 million. ”

As soon as this news came out, the arbitrage data model of the guide fund and AXA Capital reported to the police at the same time, which immediately aroused the vigilance of the two ace traders, Stephen Green and Nehru Sikh.

You must know that Merck Auto Group's current bonds are stable at about $800 million all year round, while the liquidity is $2.6 billion, and the current ratio is as high as 3.25.

When the $700 million loan agreement broke, Merck's liquidity quickly fell to $1.9 billion, and the current ratio fell to 2.38, crossing the alarm threshold of two sets of data models.

This is a pie-in-the-sky opportunity for the Big Four hedge funds, which are looking for profitable investment opportunities around the world.

Soon, Lehman and various small brokerages came with news that many investment institutions in the market were already looking around to find out who held Merck Group shares.

Qiao Tianyu knew that they were already ready to move.

Here, let's first refresh the knowledge of shorting stocks.

In fact, whether you are shorting a country's currency or shorting a company's stock, the basic routine is the same.

When hedge funds want to short a company's stock, they first borrow the company's stock from the institution or individual who holds the stock.

The key point is to "borrow"!

The hedge fund then sells the borrowed shares on the stock market frantically, triggering a panic in the market and the stock price plummeting.

But if there is "borrowing", it must be "repaid".

After the company's share price plummets, the hedge fund can re-buy the stock at a low price and return it to the previous institution or individual.

The difference between the stock price before and after is the hedge fund's profit.

Therefore, shorting is actually the process of "borrowing" first and then "repaying".

If the company's stock price is successfully suppressed, it is a successful short sale and the hedge fund is profitable;

And if the company's share price does not fall, but rises, it is a failure of shorting and the hedge fund is losing money.

At this moment, seeing that those hedge funds were ready to move, Qiao Tianyu did not hesitate and immediately issued the second order.

"Uncle Rubin, three $100 million loan agreements, after an hour, send!"

"Okay!"

Rubin was ordered to arrange it immediately, and the three loan agreements were beaten out in turn.

With the announcement of the three $100 million borrowing agreements, Merck's liquidity fell from $1.9 billion to $1.8 billion, $1.7 billion and $1.6 billion.

Merck's current ratios also rapidly fell to 2.25, 2.13, and 2.0.

After this second order was issued, it quickly caused a fierce reaction from both groups.

The first group is the two major hedge funds of the Guide Fund and AXA Capital.

With Merck's current ratio rapidly declining, the two major hedge funds have been borrowing heavily from Lehman and smaller brokerages as the arbitrage data model keeps reminding them of the pull-out data model.

Lehman and those small brokerages also kept in mind Qiao Tianyu's advice, and in the face of the large demand for borrowing stocks, they only lent stocks to the two major hedge funds......