In just over two weeks, the fixed increase plan of Shangqi Group passed the review, roughly according to the price of 235 euros per share, which was originally pulled up rapidly this month, but unfortunately the short-selling force is still very tenacious, knocking him down from a high position of nearly 300 euros. On September 11, that is, on Friday, Huatou locked in this price and officially signed the contract the following Monday.

The market value of Shangqi is about 47 billion soft sister coins, Zhou Shi's shares of Volkswagen are about 2.14 billion euros, one-third of Volkswagen shares are converted to Shangqi stocks, and Zhou Shi has obtained 15% of Shangqi shares. He flew to the magic capital again and signed the final contract with Huatou, this time it was Gao Xiqing who came forward, Zhou Shi and he are also old acquaintances, this person's investment ability is not good, and other aspects are okay, anyway, he has maintained a good relationship with Zhou Shi.

"How are you getting acquainted with over there?" Zhou Shi asked Gao Xiqing

"It's been a great time, and thank you for your help. "High festivity

"Can the goal be achieved this time?" Zhou Shi didn't know what goal they had, so it was still okay to ask.

"I don't know, this kind of thing is too complicated. "High festivity

"Then you have to be careful, the current situation will not last long, and Porsche will definitely launch a final offensive. "Zhou Shi

"Why, it won't be so fast, right?" said Gao Xiqing

"Porsche's profit this year is limited and may even be in the red. And as long as you leak a little bit of your position, they won't miss a good opportunity to force short!"

Gao Xiqing naturally knows this, if it is just to make money, they are still very easy to operate, if there are other ideas, it is not necessarily.

"Mr. Gao, do you think Fuord can convince the Korea-Japan consortium this time?" Zhou Shi looked at these days, Lehman's CEO came here to move the rescuers, and he was still a little worried.

"It's very difficult, real estate prices are in a downward trend, no one knows where the bottom is, and it is very difficult for them to want to spin off this part of the asset. "High festivity

Lehman uses financial leverage to issue short-term bonds to financial institutions to hold more than $30 billion in commercial real estate and residential properties, and it is conceivable that these assets are so risky that they are now in the midst of a falling property market. And according to Lehman Brothers' financial report released on September 10, the loss in the second quarter reached $3.9 billion, the heaviest loss in a single quarter in its 158-year history.

"I'm very interested in them, and I don't know if Huatou can give some support. Zhou Shi said casually, but he didn't know that it caused a great shock in Gao Xiqing's heart, Zhou Shi was interested in Lehman......?

"Are you going to participate in their asset split?" Gao Xiqing

"No, I'm going to take on a more difficult challenge, acquiring Lehman," Zhou Shi

(⊙o⊙)… Gao Xiqing fell into an even greater shock.

"Things haven't been settled yet, we have a lot of competitors, and I hope that when necessary, Huatou can give me some financial support. "Zhou Shi

"No problem, but are you sure you want to buy Lehman?" Gao Xiqing

"That's right, but not very hopefully. Zhou Shi didn't have much confidence in this matter, after all, his competitors were too strong. It's the two giants of Barclays and Nomura. Zhou Shi's only advantage is that he is willing to give up the right to score, and he is relatively most familiar with the interior of Lehman.

The two talked for a while, and Zhou Shi got up to say goodbye.

"By the way, Simon, are you interested in Datang Telecom?" Gao Xiqing asked suddenly

"Datang Telecom, not interested!" Zhou Shi refused without hesitation.

"Don't you think about it for a while? It is also possible to make you a major shareholder. "High festivity

"I'm really not interested, Datang Telecom doesn't have anything that we're interested in. "Zhou Shi

"Isn't TD's patent appealing to you?" Gao Xiqing

"TD?TD's technology has congenital problems, and the development prospects are not large, so it is not cost-effective for me to invest too much in this field. Besides, I heard that the employees of Datang Telecom are the happiest, with a leisurely job and a lot of rest. "Zhou Shi has long heard that the four telecommunications equipment companies in huge China, Julong has long been bankrupt and bankrupt, Datang Telecom is more than one level worse than Huawei and ZTE, but their work intensity is indeed the lightest, many people are a cup of coffee and a newspaper in the morning, more idle than the government. If such an enterprise still has a future in the case of comprehensive backwardness, it is simply an injustice to God, and God has no eyes.

"With the support of China Mobile, are you still afraid that there will be no market?" Gao Xiqing

"China Mobile may consciously reduce 3G investment and accelerate 4G development. Zhou Shi remembers very well that this is what China Mobile did in his previous life.

"If there is a better choice, China Mobile will not give up the development of 3G, after all, their investment in 3G is not small. "High festivity

"In that case, let Nutshell and Spreadtrum talk to them, and if the end result is necessary, we will increase our investment in TD. "Zhou Shi must need some commitments from China Mobile, otherwise he will lose himself if he rashly increases investment.

Just as Zhou Shi stepped on the plane back to the United States, at this time, Lehman's CEO Forde experienced the most difficult nights, and he really couldn't see hope, he picked up the phone and dialed out: "I agree with your acquisition opinion." ”

"Personally, I and the board were in favour of this option, but in the afternoon we applied to the UK Banking Authority for a transaction, and unfortunately the application was rejected five minutes ago. The phone on the other side was silent for a while, and said in a deep voice

"Why, aren't you already ready to buy?" said Forder.

"We regret that after the subprime mortgage crisis, banking regulators considered investing in Lehman to be too risky. I'm sorry. There was a voice of regret on the phone opposite.

Forder put down the phone in a lonely way, and on the phone, Barclays' $10 billion plan to buy Lehman's North American business was shattered, and they were one step closer to bankruptcy. Gregory's words rang out again, perhaps that was also an option.

He sat quietly in his office all night, and the negotiations for Bank of America's acquisition of Lehman fell through at the last minute the day before, and the wry laughter of the Bank of America representative rang out in his mind from time to time: "I'm sorry, you know, Goldman Sachs and Morgan don't want us to merge, it's too much pressure." And Merrill Lynch made a condition to the board of directors that we could not refuse, and we could only choose Merrill Lynch. ”

Yes, BofA chose to buy Merrill Lynch at the last minute.

Early the next morning, the phone on Forder's desk rang, and he picked it up with all his strength, it was from Fed Chairman Ben Bernanke.

"Richard, don't blame me. The Fed's previous implicit bailout of financial institutions has instigated moral hazard. Therefore, we unanimously decided to choose a reckless institution with enough influence to deter the market, and voluntarily abandon all potential promises to it, and let it go out of business completely, so as to warn all market participants to stop having illusions. In fact, Lehman was simply chosen at the wrong time. "Bernanke

It was this phone call that completely crushed Lehman's CEO, Richard Foord. Within minutes, the door to his office was pushed open, and his secretary brought another piece of bad news: at 9:12 a.m., the International Swaps and Derivatives Association (ISDA) announced that investors would be allowed to write off credit derivatives linked to Lehman to avoid being drawn into the huge maelstrom caused by future Lehman bankruptcies.

Forde picked up the phone with difficulty: "Joseph, let's start your action!"

(End of chapter)