Chapter 423: Ten Days

The strange secretary gave Zhou Shi an inexplicable sense of joy, although he couldn't remember the time when the gold price broke through $1,000, but what was certain was that the price of gold was certain, and Zhou Shi was very sure that the price of gold would definitely rise. This is not just the self-confidence brought by the memory of the previous life, but the real embodiment of strength. He gave instructions to Analysys at the end of last year, and this year's research focuses on the European debt crisis, especially the five European pig countries: Greece, Ireland, Italy, Spain and Portugal. And Moody's big killer is also ready to act to further establish his position in this crisis, and I don't know if he will be completely torn apart by those angry Führers, so there should be no big problem.

If the European debt crisis breaks out, it means that the world is facing more serious turmoil, indicating that the possibility of various countries opening the floodgates is increasing, and inflationary pressure and the turmoil that the world may face, it is difficult for gold prices to rise. This kind of good money boy who gives him money, Zhou Shi is naturally very enthusiastic about him.

Zhou Shi wanted to make money, and the secretary also wanted to make money, especially when Zhou Shi said when he was leaving, "If the price of gold is much lower than now, I won't agree." ”

In order not to delay time, Zhou Shi reached a European-style gold option contract worth one billion dollars with them at the urging of his secretary classmates. There are two in total: a buy put contract, and the counterparty sells $1 billion worth of gold to Zhou Shi at a price of $1,000 per ounce, and Zhou Shi has the right to execute the transaction. There is also a call option contract sold, and it is necessary for Zhou Shi to buy $1 billion worth of gold at a price of $1,000 per ounce, and the counterparty has the option to exercise. The margin for buying options is to be charged, and the margin for selling options is basically the same, of course, there are miscellaneous fees such as intermediary fees and insurance costs paid to the trading intermediary UBS, which can be regarded as a lot of support, for which SMIC's billion-dollar bonds are pledged in UBS to ensure that Zhou Shi has the ability to perform the contract, which is insisted by the secretary.

After signing the contract, Zhou Shi was very happy, but unfortunately there was no secretary and classmates to celebrate together, no matter what his purpose was, but it actually brought considerable benefits to Zhou Shi. The necessary gratitude is still needed, otherwise it will seem too stingy.

The billion dollars were signed in Zhou Shi's name, and he was responsible for all the costs and losses. If you are really bullish on gold, then it is good to buy spot futures contracts directly, or buy options contracts, where will you learn from Zhou Shi, there is such an inexplicable operation.

Zhou Shi also felt strange about the behavior of his secretary classmates, and he bothered to work hard, even if he lost hundreds of millions of dollars, it was harmless to Zhou Shi. But this thing is also true, it affects the whole body, he just made a temporary idea, and wanted to pit TSMC, but he didn't expect it to lead to so many things.

SMIC has the business support of Spreadtrum and the support of other affiliated companies of the Four Elephant Fund, which has led to the current good situation, and if it has a bad relationship with the Four Elephant Fund, the consequences are obvious. The reaction in the market is a good illustration of this, and the continuous decline in stock prices is the best illustration, and SMIC is also in a state of panic.

However, in contrast, TSMC has finally made greater concessions. Spreadtrum, OV, Geke Micro and other SMIC's top companies in business also issued threats at this time, not guaranteeing that future orders will continue to stay at SMIC, and Sixiang Fund showed its fangs in a timely manner and proposed bankruptcy reorganization. SMIC in the Hong Kong stock market jumped up and down in a day, and investors had no clue. For this reason, the government of the Demon Capital urgently made an appointment with the Four Elephants Fund, and in this regard, the Four Elephants Fund still maintained its own attitude.

"After we take full control of SMIC, we will help SMIC improve its technology, and even merge with the international advanced licensed semiconductors to become the most advanced semiconductor foundry in China. After the merger of the two parties, the market share can directly increase to the top three in the world. Hu Zuniu talked eloquently in front of the media, which was not his original words, but roughly meaningful. Although he didn't think it was a good time for the two companies to merge, he still followed Zhou Shi's advice.

At this time, the Xiangjiang stock market was not entangled, and the stocks that fell by 30 percent returned directly to their original positions within one day, and the huge trading volume made Sixiang Fund's shareholding in SMIC reach 30 percent, and it seemed that the merger of Chartered Semiconductor and SMIC was imminent.

Zhang Yujing expressed a cautious welcome to the Sixiang Fund in front of the media, although the Sixiang Fund has played a good role in the development of SMIC, but the acquisition may not be the best choice.

The media also expressed a lot of opinions on this, although SMIC cannot afford to repay the loan for the time being, and is also facing the possibility of huge compensation from TSMC, the company may go bankrupt and be acquired by Sixiang Fund through debt restructuring, but bankruptcy is not conducive to the corporate image and the development of the company.

The next day, SMIC's stock was unfazed, and the Four Elephants Fund did not continue to buy stocks.

On the third day, SMIC's stock fell slowly, and Sixiang Fund still did not buy stocks. On this day, Zhang Yujing flew to the United States and privately met with the chairman of TSMC. Analysys International has released an analysis report on the European debt crisis, warning Chinese businessmen who are interested in investing in Europe. In particular, we would like to draw attention to Portugal, Italy, Greece and Spain, four southern European countries with similar cultural traditions and geographical locations.

On the fourth day, SMIC's stock price fell sharply, and Zhang Yujing flew to Xiangjiang overnight. On this day, which was also September 2, the price of gold rose sharply, and Moody's issued an early warning, expressing disbelief in the economic prospects of the five European pig countries.

On the fifth day, the price of gold still rose sharply, Zhu Xinli and Danone both relented and agreed to the acquisition offer of 10 billion Hong Kong dollars, but asked for a cash transaction, and Hu Zuniu agreed.

On the sixth day, several funds with more holdings agreed one after another, and Zhu Xinli was interviewed by the media to explain the predicament faced by Huiyuan and the recognition of Sixiang Fund.

On the seventh day, TSMC and SMIC reached a settlement, agreeing to end the patent dispute between them with $50 million in compensation, and expressed full confidence in the future of technical cooperation.

On the eighth day, Zhang Yujing, who flew back to the magic capital from Xiangjiang, visited the government of the magic capital and several other major shareholders of SMIC, secretly talked about the trip to Wanwan, and refused Zhou Shi's request for a meeting, and other companies also found reasons to shirk.

On the ninth day, Zhang Yujing flew to Yanjing to meet with Huatou Gao Xiqing, and at the same time met with the relevant leaders of the Ministry of Industry and Information Technology with the help of the Modu government.

On the tenth day, Zhang Yujing flew back to the magic capital and made an appointment to meet Zhou Shi. At this moment, countless people at home and abroad are paying attention to this meeting at the same time.

"Our plan has succeeded!" said Zhang Yujing

(End of chapter)