In the past week, Bear Stearns' share price suddenly collapsed, and the Panther Fund's short position made insane gains.

If you want to wear the crown, you must bear its weight, Ding Jianye took the team to watch the market every day, under great pressure, and Ding Le's phone call saved Ding Jianye from the edge of madness.

After receiving Ding Le's trading instructions, Ding Jianye's hanging heart could finally be put down.

On March 17, when the market opened on Monday, Ding Jianye hurriedly asked traders to close the trade, and Bear Stearns' stock price fell below $5 from the closing price of $61.5 on March 12 to below $5 now, and fell to $2.84 during the day, and finally closed at $4.81.

On March 18, as the news of the US Federal Reserve's decision to rescue Bear Stearns over the weekend spread and the panic in the market on the previous trading day was concentrated, Bear Stearns' share price began to stabilize and recover, closing at $5.91 on March 18.

After two consecutive trading days, the Black Panther Fund finally disposed of all the short contracts it held, and by this time, Bear Stearns' stock price had lost 30 times from its peak of $159 in 2007.

It took the Black Panther Fund less than half a year to short Bear Stearns, and after all the costs, they earned nearly $2.5 billion.

After closing the position, Ding Jianye followed Ding Le's instructions and sealed a big red envelope for each of the team's traders and analysts, and gave him a week of paid leave. Their high-intensity staring that lasts for many days requires a combination of work and rest.

Ding Jianye returned to Haizhou from Hong Kong, and he needed to have an in-depth discussion with Ding Le in person about what to do with the huge amount of money lying in the account.

Looking at Ding Jianye's dusty appearance, Ding Le couldn't help but want to laugh, from his uncle, he couldn't see the temperament of a billionaire at all.

Regarding Ding Le's ridicule, Ding Jianye said disapprehantly: "This money is a great wealth for us, but in Hong Kong, this money can't get into the eyes of those rich families, what qualifications do I have to show off!"

Ding Jianye's words made Ding Le awe-inspired, Ding Jianye has been in Hong Kong for more than half a year, and his vision has improved a lot.

"If this is the case, then we will continue to work hard and strive to let those local tyrant families in Hong Kong one day see the power of our Ding family's uncles and nephews!"

"For this fund, what are your plans for the next step, now that Wall Street is in turmoil, I think the subprime mortgage crisis has begun to spread to every corner of the credit market, and is spreading to a wider area, should we take it when we see it?" Ding Jianye is pessimistic about the future market, he is not optimistic about the future of Wall Street.

"For this investment income, I will first take out part of the dividends, and the rest of the funds, I plan to divide them into two parts, one part will stay in Hong Kong to continue to look for the next hunting target, and the other part will be transferred to China through Rock Investment (RIC) to prepare for industrial investment!" Ding Le said.

"Do you already have the next target to short?" Ding Jianye asked with his first reaction when he heard Ding Le's words.

Given the intricacies of loans, lines of credit, derivatives and swaps between Wall Street financial firms, the Fed launched an emergency bailout at the last minute of Bear Stearns' survival, trying to control the impact of the problems in the subprime mortgage market on the economy and financial markets.

But ordinary people do not approve of the government's policy. According to the latest survey results released by the Zogby Poll in the United States, 68% of respondents do not approve of the government's intervention to help financial institutions such as investment banks and securities companies affected by the subprime mortgage crisis, and only 25% support the government's move.

The Bear Stearns crisis has put everyone on Wall Street at risk, and panicked investors have begun to look at other large Wall Street companies, and some media have even directly reported speculation about who will become the second Bear Stearns.

For this global financial crisis, Ding Le has the impression that Bear Stearns, Fannie Mae, Freddie Mac, Lehman Brothers, and American International Group (AIG) and other big institutions will not escape the doom. In addition to Bear Stearns, he was most impressed by Lehman Brothers, and the scene of Lehman Brothers' huge logo being taken off in his previous life left a deep impression on him.

"Combined with the information you have gathered before and the email Xia Xiao sent me, I already have a preliminary goal - Lehman Brothers. Like a prophet, Ding Le said a name.

Like Bear Stearns, Lehman Brothers is a modest Wall Street firm but has a sizable share of the bond market. Of course, its finances are stronger than those of the Pei family.

Since 1998, Lehman Brothers has reduced its reliance on short-term borrowing in order to strengthen the company's financial statements. Lehman Brothers' emergency cash reserves amounted to 19% of its collateralized financial assets, a figure that puts Lehman Brothers close behind Goldman Sachs, Morgan Stanley and Merrill Lynch.

In the event of a possible crisis, Lehman could raise cash by selling liquid assets, which are currently valued at more than $60 billion. Combined with cash reserves, Lehman has a total of $100 billion in potential cash, equivalent to 54% of its collateral assets, significantly higher than Bear Stearns' 31%.

"At the moment of information available in the market, the liquidity position of Lehman Brothers remains very strong. The company's internal liquidity structure is sufficient to compete in the next ten years, is it safe to go short?" Ding Jianye asked suspiciously.

"What you see is only the present, but what I see is the future!" Ding Le began to exert his magic stick trait again.

"Moreover, we are not a stud this time, so even if we fail, the remaining funds will be enough for us to start a big business in China!"

Since Ding Le's god-like judgment of Chinese ships, Ding Jianye has developed a deep trust in Ding Le, even if he has doubts about his judgment several times, but the final result is still the same as Ding Le's prediction, so several times, he has formed a conditioned reflex, and this time is no exception.

Xu Jing's team already has a certain combat effectiveness, as long as there is sufficient financial guarantee, and then the development of the Internet in the next few years, the development of Jumei.com will be unstoppable.

In addition, the Shanghai Composite Index fell all the way from the peak of last year's record 6124 points, and will fall to the bottom in the second half of the year.

Ding Le is also salivating for the domestic real estate market, the next ten years, this is the biggest piece of cake in the process of China's economic development, but how to cut into this industry, he does not have a clear idea now, and needs to think again.

For those who know the general trend of China's economic development in the next decade, at this time, there are opportunities in China, and he has enough funds to build a huge business empire by shorting Wall Street, and he is still very confident.

After listening to Ding Le's plan, Ding Jianye was silent for a few minutes, and he said silently: "Ah Le, I'm afraid that my ability is not as good as your plan, why don't you come out of the bank, our uncle and nephew join forces, anyway, now that we have completed the original accumulation, why are you still staying in the bank?"

"With your ability, you can build a business empire of your own, so why do you have to stay on the one-third of an acre of land in Haizhou Bank?" Ding Jianye's words, hesitating The lightning in the rainy night hit Ding Le at once.

"I've never thought about it, why don't you let me think about it for a while!" Ding Le said a little unprepared.

All his previous ideas were implemented through Ding Jianye, Xia Xiao, and Xu Jing, and he didn't expect that he would go into battle in person, but now when Ding Jianye said this, he felt that he had pierced the window paper, so he had to think about this problem head-on.

……