Wang Xin has been very excited recently, because he has received an important task assigned by the company's senior management, requiring arbitrage of at least 50% within three months in the Azure-5 futures market in Mexico, and the principal given to him by Shengfeng Capital is 20 billion US dollars, and the leverage ratio is handled by himself.

This is the first time in his career that he has independently traded more than 100 billion yuan without increasing leverage, not domestic, but on the international stage, facing those wolves on Wall Street with a keen sense of smell.

Wang Xin decided to go to Mexico in person and conduct a real operation directly there, of course, to conceal his identity and go abroad in a low-key manner.

Today's Wang Xin is already a well-known trader in the industry, and many private equity bigwigs know that there is a trader named Wang Xin under Shengfeng Capital, so this trip must not be publicized, if the outside world learns that he appeared in Mexico, and then the Azure-5 futures market over there suddenly has a big village, and the fool knows that it is related to Shengfeng Capital.

At that time, there will be no one to play, because behind Shengfeng Capital is Luo Sheng, and Luo Sheng is the founder of the Cote d'Azur, and Azure-5 is the flagship product of the Cote d'Azur.

Looking at this information, the answer that other players, including those on Wall Street, came to is: they must lose.

That's all about bothering, bothering.

……

At about the same time as Wang Xin led the group to attack, a strange thing also appeared in the U.S. stock market, which attracted a lot of attention, and the world-renowned short agency Muddy Waters suddenly released a short report briefing for Ansys, a leader and innovator in the global engineering simulation software industry.

How streamlined is the content?

Muddy Waters' short-selling report pointed out that Ansys is not optimistic about an inflection point and will go into recession.

That's it, it's gone!

At the same time, Muddy Waters pointed out that it will further issue a detailed short report.

When this short report came out, other investors in the market were in a state of confusion, and they couldn't judge the authenticity of this short report at all, which was a bit like a joke.

But what is even more confusing is that Muddy Waters is playing for real, and it really spent $2 billion to be bearish on Ansys, at that time, the company's stock was $280.56 per share, with a total market value of $24.08 billion.

The company's owner, Jim Kasman, soon received the news that the infamous Muddy Waters was shorting Ansys, and Kasman was also confused.

When I learned that this was the exact news, a thought popped into my head: Why?

Ansys has a good performance, with a net profit of $82.48 million in Q3 this year, a year-on-year increase of 36.58%, and an operating income of $280 million, a year-on-year increase of 12.86%.

Why are you singing in Muddy Waters?

However, at this moment, other investments in the market have not followed up, and the operation of Muddy Waters is too confusing to understand at all.

Now they are waiting for his follow-up detailed short report, and during this time, the outside world has also begun to analyze and interpret what is the basis for the short selling of Muddy Waters.

As soon as some information was unearthed, Ansys had reached a definitive agreement to acquire OPTIS, Inc., a leading software provider of optics, human vision and physical visualization simulation, with the deal expected to close in the second quarter of 2018.

Industry insiders immediately tried to analyze whether Ansys' acquisition of the French company was related to shorting in troubled waters, and Ansys' merger and acquisition was still risky, and market investors and industry insiders also analyzed some specific potential risks.

including the risk that the Ansys-OPTIS business will not be successfully combined or that the business combination will take too long and cost more than anticipated; the risk of operating costs, customer churn, business interruption exceeding expectations after the acquisition, and overestimating its ability to maintain growth and profitability to control costs; the risk of uncertainty in the demand for the Company's combined products and services; the risk that the combined product may not achieve the expected sales volume; uncertainties, risks of fluctuations in quarterly results, etc.

It has to be said that Wall Street's analysts are quite professional, and they have broken down this series of possible risk issues.

There are indeed certain risks, but these are risks that Ansys can bear, and they are not a big problem in the long run, and they are not a reason to be bearish, so it is still not enough to explain Muddy Waters' aggressive short behavior.

I can't understand it, so I will sit back and wait for the follow-up short report of Muddy Waters, and other investors will choose to continue to wait and see, after all, the risk of following the trend and shorting is too great, far greater than long.

The outside world didn't know that this was a premeditated insider deal, and Lowell found a deal made by the founder of Muddy Waters and gave a non-public margin agreement, making money at both ends of Muddy Waters, and there was no reason not to trade.

There are no more than 20 people who know the truth, and at this moment, the management of Ansys has not realized the seriousness of the problem, and it is not clear that it has been jointly plotted by more than a dozen technology giants with a market value of hundreds of billions of dollars.

……

The Western Hemisphere enters darkness, and the Eastern Hemisphere enters daylight.

In Luo Sheng's private office in the science and technology complex building, he is reading an international news report at the moment, which is the news of the US stock market, and it is the short report of Muddy Waters against Ansys.

Luo Sheng closed the page without even reading the news content, and said, "Xiao Na, cooperate with the troubled waters to release the bad news." ”

This step is a very crucial step and acts as a fuse.

After a while, Cortana's response was heard: "The news has been posted online and has begun to spread. ”

Luo Sheng smiled pleasantly: "Let's see the excitement next." ”

……

As time passed, a news suddenly began to spread on the Internet, a Cote d'Azur engineer anonymously claimed on the Internet that the Cote d'Azur laboratory has made a revolutionary breakthrough in engineering simulation software, especially in computational fluid dynamics (CFD), breaking the monopoly of Ansys, Siemens and Dassault, the three giants in the industry, and filling the gap in the field of engineering simulation software.

The news went viral on the Internet, and then spread across the sea to North America, on the other side of the Pacific Ocean.

The next day, Muddy Waters very decisively released its latest short-selling report, echoing it.

The report details the average annual investment of Cote d'Azur and Shengfeng Capital in industrial software of US$1.472 billion over the past six years, while Huaguo's annual investment in industrial software was only about 100 million yuan.

In the past six years since Luo Sheng entered the market, regardless of exchange rate changes, the annual investment scale of Huaguo's industrial software has directly increased by more than 90 times.

There is not a single word in the short selling report of Muddy Waters Company that the news of the breakthrough of the Cote d'Azur laboratory in engineering simulation software is spread wildly in Huaguo, but uses these data to do technical analysis of the general trend, believing that the Cote d'Azur and Luo Sheng's large investment in the field of industrial software will inevitably promote the rapid progress of technology.

And the name Luo Sheng, who doesn't know the science and technology circle, who doesn't know the "Luo Sheng effect" and his ability to create miracles?

At this time, when U.S. stock investors saw these news, there was only one thought in their minds: it's over, the future of Ansys is the darkness that can't be seen, and where the light is.

was targeted by Luo Sheng, just look at how miserable the lithography machine giant ASML was back then.

On the same day, the U.S. stock market opened Ansys' stock directly staged a cliff-like dive, and after getting these "real hammer" news, it triggered a panic sell-off of Ansys stock holders, and more investors participated in the ranks of shorting.

As a result, the air side with absolute strength made the multi-party blaster powerless and surrendered directly.

-15.23%

-28.62%

-42.22%

The corresponding real-time market capitalization is also diving all the way.

$20.345 billion.

$17.131 billion.

$13.867 billion.

On the same day, Ansys' market capitalization plummeted from a peak of $24 billion to $13.8 billion, evaporating more than $10 billion, almost halved.

The bears who are short on Ansys stock in the U.S. stock market are enjoying the fruits of victory and carnival, there is no movement on the Cote d'Azur, and if the news released by the anonymous engineer is fake, the Cote d'Azur has not come out to refute the rumors, and if it is true, it has not come out to confirm.

Let the bullets fly for a while.

Luo Sheng has already set the tone for this matter, and the Cote d'Azur will never come out in person to make any evaluation, neither admit nor deny it, as if this thing has not happened, how can people outside toss and follow them, it is not their own business, hang high, and do their own business.

Luo Sheng doesn't do anything now, just sit and wait, waiting for the other party to offer the CFD.

Although the engineering simulation software itself also has investment, but it will take three or five years to catch up, and now there are leading enterprises in the industry to offer treasure, which means that the three or five years of catching up time will be saved, and the money will be saved. If you spend your time and capital on further research and development, it won't be long before you can go from a catcher to a leader.

And Ansys, which didn't provoke anyone, became a complete loser.

……