Chapter 407: The Ship's Son-in-law

Dealing with shorts is never easy, and after spending $1.7 billion, Sumu managed to keep the company's stock price at a reasonable level — about six percent lower than it had been before shorting.

The so-called reasonable completely refers to the fact that Su Mu thinks it is reasonable, and if he maintains this level, he can absorb the tradable shares at a lower price for a long time, and will not let those bears make too much money.

If you cut the meat now, you can only make some mosquito legs, and even let the shorts who have just entered the market lose money and short a stock, you must give the brokers a certain benefit, otherwise those brokers have a bad brain, so they have to short the stocks?

It is impossible to pull up, and those shorts are all trapped in it, and even buying back shares has become a problem, after all, there are several forces eyeing each other and sweeping up the outstanding shares.

They borrowed shares from a brokerage, and if they didn't agree in advance to repay them in cash, they had to buy the same share of shares to pay them back, but once they bought the outstanding shares, it was bound to cause the stock price to rebound, which meant that they would make less profits and be more likely to lose money!

So more bears were forced to continue to short, on the one hand, the big shorts, on the other hand, the investigation of the United Kingdom and the United States, OO and Bee in the absence of major good news, the stock price is very strange to maintain a low level, some people are optimistic, some people cash out, the vast majority of those stocks sold into the hands of Su Mu.

The money spent must be more than a billion dollars, and the bears already have a clear understanding of this, and they are waiting, hoping that while the two companies will have bad news, they also hope that Su Mu will stop increasing their holdings, and it is estimated that it will take a long time to get the results.

This time, he has set aside $7 billion for buybacks, including $1.5 billion from Lily, $3 billion from the family charitable foundation, and the remaining $2.5 billion from his family office.

The presidential election is coming, this matter has something to do with Su Mu, but on the whole, it has little to do with it, the iron-clad rich man, the flowing president, no matter how good it is, it is only eight years, and who knows if the policy can continue to be maintained after he leaves office, even President Ronald Reagan's right-hand man George H.W. Bush will not directly veto many of Reagan's policies.

This time, Mr. Bill Clinton, chairman of the Democratic Supreme Committee, actually opened an account in his personal name on Bee and posted a simple article.

Su Mu did not publicize him with much fanfare, but put Mr. Clinton's account at the top of the "user recommendation column", the company is not his own company, for the sake of long-term development, there is no need to have a strong political color, the original promised online political fundraising activities, is still in intensive preparation......

On the first Sunday of October, Lily checked into a spacious and clean hospital room early, and after a final detailed examination last night, she was expected to give birth to her baby early tomorrow morning.

Su Mu sent her to the hospital and stayed with her for a while, and then drove to the direction of the lakeside villa.

Su Mu did not have time to go to Xiangjiang for a field trip, so Wu Zheng, the son-in-law of Mr. Bao, personally led a team to the United States to try to obtain financing.

Not all entrepreneurs can be like Su Mu, with ultra-high net worth, very low debt ratio, high ranking on the rich list, some people seem to be extremely rich, but after removing debts, maybe they are still a "loser".

As a representative of the golden beetle son-in-law who turned over the salted fish, Boss Wu's ability is beyond doubt, when Mr. Bao was the right person to hand over his assets, his assets have been rising over the years, and it is precisely because of this that Su Mu recognized his investment vision.

As early as 1988, Wu Zheng's Longfeng International Group, together with its holding subsidiary Wharf Group, spent one billion Hong Kong dollars to acquire the Oriental Hotel Group in the eastern United States, and the following year, Wharf joined forces with two companies to obtain the cable TV and second network franchise issued by the Hong Kong government, and in 1993, it obtained the cable TV franchise license, with a total investment of about 5 billion Hong Kong dollars.

So far, the boss surnamed Wu controls a total of eight listed companies, with a total market value of about 100 billion Hong Kong dollars, and a personal worth of almost 3 billion US dollars.

He is not interested in other projects, Su Mu wants to invest in the real estate and shopping mall projects in his hands, if the negotiation is completed, the investment amount is about 1.4 billion US dollars, this is not a small amount of money, it is not a small meaning for him, at least it is also a medium meaning, it is better to be cautious.

So today he didn't let anyone do it for him, he came to meet the other party in person, and after introducing each other, Su Mu felt that Mr. Wu Zheng's English was very good, and asked a digression: "Mr. Wu has been to the United States before?"

"Yes, I studied in the United States for a few years, first at the University of Cincinnati in Ohio, then went to Columbia University to get an MBA diploma, worked at Chase Bank in New York for a while, and then transferred to Hong Kong and met my wife. ”

"I see, no wonder I think your accent is familiar, such an encounter is a coincidence, if I had been in New York, maybe I wouldn't have met your wife. ”

Su Mu's tone of voice is very casual, they are all in business, and the market value of the company he is in charge of is as high as hundreds of billions of dollars, which is much more powerful than Boss Wu, and he is self-made.

The subordinates brought by Boss Wu had a more or less envious look in their eyes, and there was a recent saying in Xiangjiang, called "Giving birth to a son should be like Leon Su", which is rumored to have come out of the Li family's compound at the earliest, that is, Li Zhekai's Li family.

Speaking carefully, the richest man in Xiangjiang knew about Su Mu as early as 1984 through his son Li Zhekai, and twelve years have passed in the blink of an eye, who would have thought that a Chinese little guy would achieve such high achievements.

A few months ago, Li Zhekai came to the United States once and said that he had done two wrong things over the years, one was that he did not invest when Su Mu was most short of money, and the other was that when Su Mu made some achievements, he still did not invest, so he passed by with a large amount of wealth, otherwise the Li family would have two super-rich people, but unfortunately there is no regret medicine in the world.

After choosing the club, the caddie accompanied them to play golf, and when they warmed up, Su Mu asked: "Mr. Wu, are you sure that you are willing to separate the Wharf Wharf and Times Mall from the group, right?" In fact, it is not impossible to invest directly in your Wheelock Group, but what I want to do most is the real estate business, and I can invest with you in the name of my branch......