Chapter 216: The Praying Mantis Flutters on the Cicada, and the Yellow Sparrow Follows
Lu Shangwen is really not just playing with them, he promised to further open the European and American markets for Xinjiang UAVs, he has been planning, and after Mrs. Mei Dai's corporate relationship is straightened out, all-round cooperation will be launched immediately, Lu Shangwen is optimistic about some domestic products and projects can be introduced to Europe through Mrs. Mei Dai's company, and some projects and products here can also be introduced to China through Mrs. Mei Dai's company. Pen | fun | pavilion www. biquge。 info
Lu Shangwen did not want to do business or industry, but gradually entered a new field of investment through this way, corporate asset restructuring and acquisition, which is also a big fat piece of the capital market.
Europe is in the throes of the financial crisis, and Europe is a key target region for China's overseas M&A, with its advanced manufacturing companies and high-tech companies particularly favored by Chinese companies.
At present, many Chinese-funded enterprises have accumulated sufficient scale of capital and market competitiveness through so many years of development, but such as technology, research and development, global marketing network, brand management and operation, etc., are relatively weak links for many Chinese-funded enterprises. The acquisition of these companies in Europe is conducive to the expansion of the global market by Chinese-funded enterprises, and now many Chinese-funded enterprises have accumulated sufficient scale of capital and market competitiveness through so many years of development, but such as technology, research and development, global marketing network and brand management and operation, etc., are relatively weak links for many Chinese-funded enterprises.
Going to Europe to acquire these companies is conducive to Chinese enterprises to expand the global market, and at the same time, they can also obtain some more important R&D platforms, design platforms and foreign high-quality technical personnel, which is very important for Chinese enterprises to cultivate international multinational companies. At the same time, it can also obtain some important R&D platforms, design platforms and foreign high-quality technical personnel, which is very important for Chinese enterprises to cultivate international multinational companies.
So there is a lot of demand for this piece, but this piece is different from others, experience and connections are extremely important, and his business has only just opened, this piece of fat is not easy for him to eat, and through Mrs. Mede's company, this problem can be solved very well, and then take a share of this market.
Of course, Lu Shangwen's eyes are not only on Europe, but also on the United States, because the US stock market is about to usher in a major event in early May.
On 6 May, the US Dow Jones index plummeted by about 1,000 points in just over 20 minutes, of which the most dramatic drop of 600 points occurred in five minutes, and the total market value of the Dow Jones index in the New York stock market evaporated by nearly $1 trillion on that day.
This is another once-in-a-lifetime opportunity for Lu Shangwen to make a lot of money.
The session also saw the largest one-day intraday drop in the history of the U.S. stock market, arguably the most volatile 20 minutes in Wall Street history, and the first time in history that a computer trading system was used to cause a flash crash.
On May 6, Lu Shangwen was glued to his computer, and around 2 p.m., the euro fell sharply, especially against the yuan, as protests against the Greek debt crisis in Athens became violent. The EURJPY exchange rate is a common concern among traders, as the yen is now seen as a safe haven for foreign exchange and the euro is a proxy for risky investments.
The fall in the euro has sparked fears that a mass withdrawal from the stock market is in the pipeline. Major hedge funds began to short S&P 500 futures.
Traders on Wall Street are doing something similar, and many are doing so driven by the computer model that has become the standard instrument for banks, hedge funds and mutual funds.
Some orders are waiting longer than ever to acknowledge receipt. Nasdaq-listed stock platforms such as Apple and Amazon have experienced a two-second delay – an infinite time lag in today's market.
The basic function of the stock market – an orderly matchmaking of buyers and sellers – has now been lost.
Apple's share price was particularly volatile, and the stock began to fall rapidly, falling by 16 percent in six cents. Since Apple is a constituent of several stock indexes, its decline has dragged down the entire market.
Meaningless transaction data flashed on the computer screen, and then in just a few seconds, Accenture's stock price fell from about forty dollars to one cent, which simply stunned Charlie Liu and others, this is completely picking up money! Lu Shangwen set two cents to buy these stocks, which seemed to him to be the act of a madman, but at this moment it became a reality......
Rumors are flying in the market, pointing the finger at the wrong instructions of a Citigroup trader, who is said to have mistakenly typed in a few more zeros, turning a multi-million transaction into billions and crashing the entire system
But the rumors helped stabilize the market. If the sharp drop in stock prices is the result of a mistake rather than some terrible piece of news, it means that there is a good opportunity to buy the dip in the stock market.
Accenture shares fell to a penny and then rebounded shortly after, quickly climbing from a penny to more than $30!
Such a fluctuation in stock prices in just a few minutes is unheard of, but the purchase is complete, which means that the yield of this single business will reach a terrifying 4,000 times, although the number of real stocks bought is not much, but they mainly buy indexes, and selling these low-priced stock indices will also make a lot of profits!
In just one or two minutes, the high profits went into the pocket.
And the market value of the U.S. stock market evaporated by a trillion dollars on the same day!
As a matter of fact, Lu Shangwen knows very well that the initiator of this incident is not a citigroup's butter hand, and the perpetrator of such a large-scale "tragedy" in the US stock market is actually just a British man who is not good-looking, who used a computer trading program to place huge sell orders on US stock index futures, but he can cancel the orders in an instant, so as to ensure that these sell orders will not be filled, but it can put real selling pressure on the transaction price. The purpose of this practice is not to complete the transaction, but to influence the price and achieve the purpose of manipulating the market, since the morning of May 6, he has placed false sell orders on the trading system, and after the market has shown a downward trend, he continued to increase the intensity of "selling", reaching the most crazy stage around noon, causing the US stock index to plummet. The guy then bought several "cheap" futures contracts at the crashing spot and sold them when the stock index recovered, making a profit of nearly $900,000 on the day.
The U.S. stock market has evaporated trillions of dollars, and the world's largest investment banks, including Goldman Sachs, have lost the most of them.
But the profit was only 900,000 US dollars, and in the end he was sentenced to a horrific 380 years in prison.
This is simply a great waste, since Lu Shangwen knows about it, let that guy make a mantis with his head, and he will make a yellow finch and pick up the cheap for nothing......