Chapter 111 Media Pre-Selection

"The CFTC has decided to intervene in the silver futures market and has taken a series of corresponding measures, including raising margins, imposing position limits and only allowing closed trades."

"The source of the surge in silver prices is about the Hunter brothers who are manipulating behind the scenes. The Hunter brothers, who intend to manipulate futures prices, may not be able to add margin after the CFTC intervenes in supervision, resulting in the failure of the takeover. ”

"A large amount of silver is pouring into the market, and the price of silver will collapse in a short period of time."

Ye Jingcheng was holding a copy of the Button Times, and his English proficiency was not high, so he could only barely understand the content on it. The CFTC's desperate short squeeze has begun, and the fall of the Hunter brothers, who manipulated the price of silver, has become inevitable.

For the Hunter brothers, who were armed with huge amounts of silver, the practice of these people was undoubtedly rubbing salt in their wounds. But for Ye Jingcheng, who is short selling silver, he will dive with the collective dive of this group of people, and his assets will inevitably surge in a short period of time.

At this time, Cao Renchao, who was sitting opposite Ye Jingcheng, saw Ye Jingcheng's satisfied smile and asked, "Ye Sheng, silver has fallen to $18 per ounce, do you think we are ready to stop?" ”

"Don't be so anxious, it's not too late to close the net when the price drops to single digits." He put down the newspaper in his hand, picked up the cup of coffee and drank it.

"Single digits! Ye Sheng doesn't seem to be worried about the market trend? "It's true that the price of silver will collapse, and the price will also collapse. But you're going to say it's down in the single digits......

It's not impossible, but whether Washington will allow it to happen.

You must know that the Hunter brothers still have no less than 60 million ounces of silver in their hands, and if they are thrown out of the market at once, the entire market will completely collapse. At that time, it will not only affect the family behind the Hunt brothers, but even some of the major banks involved, which will also face the danger of bankruptcy. The big head is still like this, and the fate of retail investors can be imagined.

If Washington does let it go, in addition to plunging the local economy into a downturn, this incident will also reflect their incompetence. As long as Washington knows how to weigh the pros and cons, it is inevitable that the whole market will be saved.

"Anyway, we have gained a lot, even if the market picks up soon, it's a big deal to lose some, so we should spit it out and save the market." Ye Jingcheng smiled indifferently.

This time he invested a total of 150 million, the benefit of which has not yet been accounted for. However, the threshold for Goldman Sachs to register an account, with assets of $100 million, he must meet it.

"Only Ye Sheng, you are qualified to say this." Cao Renchao shook his head and smiled bitterly. It's not entirely out of flattery, but Ye Jingcheng's unique vision, it's not that he is not convinced.

"Superman Cao, are you a shareholder of Hong Kong Economic Journal?" Cao Renchao's real name is Cao Zhiming, and the reason why he changed his name to Cao Renchao is because he hopes that his ability is the same as the name is reversed, Superman Cao.

"I'm a technology shareholder, and I have a 20% stake. Ye Sheng, are you going to...? Cao Renchao did not shy away from it, and told the situation in detail.

The reason why Ye Jingcheng mentioned it was because of the information obtained from Yuan Tianfan, "Hong Kong Economic News" had borrowed money from the bank, and the amount has not been filled in yet.

In addition to this "Hong Kong Economic Journal", there are more than a dozen newspapers and magazines for him to choose from, and the magazine is not the main market at this time, so most of them are small and medium-sized companies with unknown reputations.

Newspapers are much richer, and those who have made loans or mortgages with banks include such as "Hong Kong Island Business Daily", "Cheng Pao", "Xin Pao", "Sanliu Wang", "Shuang Bao", "Hao Pao" and so on, and the bank's evaluation of these companies is not small. The main thing is that the demand market for newspapers is very large, and magazines can be shared among friends, but newspapers, basically, they will choose their own one.

At the beginning, Ye Jingcheng still had a lot of questions. Because at this time there were no free newspapers, there were no electronic newspapers. Therefore, the sales of these newspapers are not small, and a few of them are even bigger, why is there a situation of mortgage and loan.

Faced with this question, Yuan Tianfan answered very calmly. Ye Jingcheng is a typical layman watching the excitement, which is a very common phenomenon. If the media is really as profitable as it seems, the number of people employed in this industry will not be so small.

In fact, not only media companies, but also the composition of all walks of life can be described as a pyramid, making money is always a small part of the top, the middle level still has the ability to bear its own surplus, and the grassroots can only struggle to the death, so each industry will have a limit on the number of entrants.

In this pre-selection list, there is no doubt that "Sing Pao" and "Xin Pao" have the greatest credibility, although "Hong Kong Island Commercial Daily" is not inferior to these two in scale, but as a newspaper that requires financial literacy to read, its audience is obviously smaller than the former.

Ye Jingcheng asked Cao Renchao this question, not because of how interested he was in this newspaper, but because of a suggestion given by Yuan Tianfan.

Ye Jingcheng values "Xin Pao" and "Cheng Pao" the most, these two companies are completely on the right track, which can save him a lot of effort and time. These two companies still have the opportunity to be acquired, but there will be no less difficulty and resistance.

And Yuan Tianfan's suggestion is like this, on the one hand, to hand over with these two newspapers, and on the other hand, to make second-hand preparations. Since you can't buy a complete newspaper, why not 'cobble' one yourself.

Ye Jingcheng can buy a number of small newspaper and magazine companies that meet the needs of different pages, such as the financial edition of Hong Kong Economic Journal, the entertainment edition of Sanliuwang, and the current affairs edition of Shuangbao......

The potential of these companies is secondary, mainly to help Ye Jingcheng recruit enough talents, such a media company structure has come out, and the next development will be much easier.

"If I want to make an acquisition, what good advice do you have?" Ye Jingcheng asked.

"Ye Sheng plans to enter the media industry? Well......" Yuan Tianfan thought about it before and after, and gave relative suggestions based on the current situation of "Hong Kong Economic News", and said: "This newspaper has been established for several years, and its reputation and response in the market are not bad. Now that Ye Sheng, you are considering the acquisition, I think the other shareholders will not offer less than three million. ”

"Three million?" This may not seem like a big amount, but Hong Kong Economic Journal Financial News is still a small media, and the market value of this type of company is mostly about one to two million, and three million is already a high price.

Cao Renchao nodded and said, "Well, there may be disagreements on the other side of the shareholders. ”

"How many shareholders are there?"

"There are four of them, including me, and Luo Zhiping is relatively easy to deal with. However, Lin Shanmu and Luo Youmei, a husband and wife duo, are very optimistic about the potential value of this newspaper, and the most important thing is that they hold a total of 51% of the shares. ”

The implication is that as long as the couple nods, the media company is his.

"That's right." Ye Jingcheng was thoughtful, and said: "You can help me test their tone first, as for whether it is an acquisition... This matter can be relieved. ”

Ye Jingcheng still prefers the two large media outlets "Cheng Pao" and "Xin Pao", so whether this matter should be implemented or not will be considered only after the former's reply.

"That's right, Ye Sheng. I found one thing here, I don't know if to talk about it or not? Cao Renchao was evasive and asked.

"Say it."

"In the past few days, I have happened that Li Zhengping is not very in a state, and he goes out very frequently, sometimes even four or five times a day, I suspect that he is hiding from the company and secretly fishing outside."

Cao Renchao expressed his worries, and as Ye Jingcheng's confidant, he was worried not that Li Zhengping knew about it, but that Ye Jingcheng would treat his whistleblowing as a discord.

"Well, there's such a thing?" Ye Jingcheng's tone was aggravated, and he seemed to be considering the authenticity of this matter. Finally, he replied:

"Alright, I'll find a chance to talk to him in person."

For Qianlong Investment Co., Ltd., Li Zhengping did hide from the company to go out to make extra money, but the main reason for this incident was not on him, but on Ye Jingcheng, who gave him this opportunity to go out and make extra money. Li Zhengping has already followed his instructions and silently infiltrated the layout of Jianing's fraud case.