Chapter 921 [The panic index exploded, and the little black house was directly closed]
"Stud? Are you sure? ”
The elevator door opened, Luo Sheng walked on the corridor to the large living room, and added with a smile: "Mr. Liu, you have thought clearly, after this time, there is no service station if you want to get off halfway, it is a stop to the end." ”
On the other side of the communication, Liu Wen, who was standing in front of the office windowsill, said firmly: "I'm sure!" ”
On the other side, Luo Sheng was already sitting comfortably on the curved sofa in the hall, and replied: "Okay, I will dare to take as many as you have." ”
Liu Wen said with a smile: "Grit your teeth and make up an integer to chase 100 billion." ”
Luo Sheng: "No problem, I'll take it, I hope you can settle your investors." ”
Liu Wen: "Haha, this Mr. Luo, you can rest assured, no matter how much trouble my investors can make, they will not go to the gate of Shengfeng Capital." ”
Luo Sheng: "That's good. ”
This is the end of the communication, and Mr. Liu is also an old gambler.
But then again, investing in the "ladder project" itself is a big gamble.
……
"What do you say? If you don't come out, you have to do another 100 billion to go in? Are you crazy or am I having auditory hallucinations? ”
At the management meeting of the venture capital fund, all the executives attending the meeting were stunned when they heard Liu Wen's decision.
Liu Wen said with great certainty: "You heard it right, and I'm not crazy. ”
The executive who just spoke clapped his hands and covered his face, shook his tie, lowered his head and was speechless for a while, then looked at Liu Wen and said, "Old Liu, if the investor knows, he will definitely kill you." ”
The development momentum of venture capital funds in recent years has been quite strong, although industry peers have ridiculed Liu Wen for not having any beautiful records except for betting on Luo Sheng, but he can't stand up to the rich returns of investors.
There are so many useless brains, which can bring profits to investors more than everything, which is also where peers are very angry, not so much ridicule as envy, jealousy and hatred.
Many investors are willing to hand over their funds to venture capital, most of them are wealthy people with solid backgrounds, and the minimum investment threshold is more than 5 million RMB, which is not something that ordinary people can get.
However, these investors can't reach the threshold of Shengfeng Capital, so the venture capital fund has won these customers, and these people have indirectly satisfied their desire to invest in Shengfeng Capital by investing in the venture capital fund.
Of course, now Shengfeng Capital is no longer a sweet potato in their eyes, but an extremely hot potato, and they are impatient to throw it away.
Liu Wen said in a deep voice: "I had already spoken to Luo Sheng on the phone an hour ago, and it was this phone call that prompted me to make this decision. ”
The colleagues attending the meeting immediately asked: "What did Luo Sheng tell you, won't he be fooled again?" ”
Liu Wenwen planned to say it directly, but he choked back when the words reached the door of his throat.
Inappropriate!
The truth is still known to the less, the better, Liu Wen was very cautious at this moment, although Luo Sheng did not deliberately or imply that he kept it secret, but it was not said that he would never make a mistake, at least not from his mouth.
Another reason is that when such internal news spreads, how can I follow Guo Jia's team to the bottom?
The value of this kind of information can be calculated in units of billions, which is sky-high.
At the end, Liu Wen changed his words and said: "Let me sell it, but don't you think Shengfeng Capital is too abnormal this time?" Is it really unable to withstand the pressure of global investors and forced to open the exit mechanism ahead of schedule, or is there something else? ”
Everyone at the meeting looked at each other, and after a while, the other party spread his hands and said: "Lao Liu, we can accept your sale, but investors don't eat your set, if you really insist on doing this, the investors of the venture capital fund will also ask to redeem the fund, Shengfeng Capital did not explode, we blew ourselves up first." ”
Liu Wen said without hesitation: "Then lock the position!" ”
In order to protect the rights and interests of all investors, the venture capital fund can close the fund and lock up the position when necessary, and the investors are not allowed to redeem the fund shares during the period.
"Are you really going to do that?"
"It has to be done."
Seeing that the dissuasion was ineffective, the executive sitting next to Liu Wen said helplessly: "Okay, I suggest you bring more bodyguards when you go out in the future." ”
"Ladies and gentlemen, I will bear this matter alone, and it is a big deal to eat more than ten years in prison." Liu Wen looked around at everyone and said so decisively, the participants had nothing to say.
In fact, Liu Wen knows very well that his future and fate have been kidnapped with Luo Sheng, he must do this, the scale of venture capital funds has swelled rapidly from only 100 billion yuan at the beginning to close to 2 trillion today, because he hugged Luo Sheng's thigh.
This is the greatest value of venture capital funds, if there is no expectation and blessing of the name "Luo Sheng", venture capital funds are actually a mediocre asset management institution, Liu Wen is not the top boss in today's circle, and there will be no ninety percent of peers who have to politely call Mr. Liu when they see it.
Liu Wen knows all this very well, if he doesn't follow Luo Sheng, he will have no future, so he can only let go and gamble.
It can be seen that Liu Wen doesn't want to be a gambling monster, but he has to be a gambling monster.
……
Time passes by minute by minute, and today can be described as a frequent surprise, first during the day, thousands of shares fell to the limit, and then in the afternoon, Shengfeng Capital held a press conference to publicly announce the acceptance of the withdrawal of global investors.
This is an explosive news that caused a major earthquake in the global capital market, which further led to a second flash crash in the global stock market.
Since Shengfeng Capital agreed to the withdrawal of investors and investors redeemed their share of funds, Shengfeng Capital must be delivered and liquidated, where does the money come from?
There is no doubt that we can only be forced to reduce and sell the stocks or other assets held in our hands on a large scale, so all listed companies held by Shengfeng Capital will inevitably usher in a large-scale sell-off.
At this time, the investors who hold these stocks are trembling on all three legs, and there is no doubt that more funds will flee in the context of a huge panic, which will trigger a flash crash of the stock price, and it is a crash of the cascading effect.
……
On the evening of the same day, Bluestar Technology Group began a second flash crash before the U.S. stock market, and directly took the lead after the opening, dragging down the entire Nasdaq Composite Index, and then diving with the three major North American stock indexes.
Bluestar Technology plummeted -33.62%, after the stock split, the market value of Bluestar Technology once soared to $4.2 trillion, yesterday has plummeted 18.58%, and now it collapsed again, with a market value of only $2.269 trillion, and the market value of Bluestar Technology Group evaporated nearly $2 trillion in just two days, a decline of -45.95%, almost halved.
The stock price of Bluestar Technology Group collapsed for the second time, directly triggering the circuit breaker mechanism for U.S. stocks.
At the same time, in the eastern hemisphere at night, domestic investors saw that the scene of the U.S. stock circuit breaker had given up treatment, and a thought came to their minds: completely hopeless, wait for death.
The market has completely lost all hope, and there is no trace of confidence.
With this posture, the village chief panicked.
……
The next day, at about 9:10 in the morning, the Shanghai and Shenzhen stock exchanges urgently issued an announcement that due to the recent huge fluctuations in the external market, in order to protect the rights and interests of investors, the trading of blue pure electric vehicles (market value of 12 trillion), Xiongxin Electronics (market value of 3.2 trillion), Borche Technology (market value of 1.76 trillion), and Huachang Technology (market value of 896 billion) will be suspended.
Yesterday's big A drop limit was brought to collapse by these four companies collectively -20% of the opening limit, and these four companies evaporated 4.5 trillion yuan yesterday.
If the market falls again today, it will reach 2600 points, plus the subsequent inertia kinetic energy killing, it is a high probability event to be dried to 2000 points.
The last time it fell below 2,000 was in 2014.
Before this black swan broke out, no one in the world would believe that the Shanghai Composite Index could break 3,000 points, this is already history, and it is impossible to return to below 3,000 points, no matter how it falls, it is impossible to fall.
That's not to mention 2,000 points, it's impossible to smash it to death.
But today, it is really possible to be dried below 2,000 points, and this is very likely.
Once this situation occurs, the entire capital market will be completely necrotic, and the future of Big A will inevitably enter a bear market for at least ten years, and it may not be able to alleviate this breath for ten years.
This also made the big A unprecedented birth of an unprecedented case, in order to prevent the four leading companies from falling again and giving emergency suspension treatment, before Guan Xiaohei was too sharp to be locked in, and also let many shareholders complain about the ticket of the fall limit, why don't you care?
Well, here we go.
It is undoubtedly a witness to history.
The resumption of trading of the four suspended companies is scheduled for Monday, July 12, and the good guys will close the small black house for two months in one go.
All the big funds that are ready to flee today are dumbfounded, and they are all scolding the "village chief" behind the screen for not being able to afford to play and cheating? But it's not a rut, and the arm can't resist the thigh duck.
Small and medium-sized investors, retail investors are also unprecedented to the "village chief" collective praise, this wave of suspension operation is really to save the lives of countless small scatters, because if the non-stop, price first, time priority transaction rules, means that the amount of funds is large first transaction run away, small funds can not run at all, and the fall limit eats to death.
The suspension means that there is hope, and there may be a turnaround in two months.
After all, the field is opened by the village chief, the village chief has the final say, and the village chief has the worst ultimate means, if the entire market cannot withstand the pressure, then the market will be closed directly, and all the labor and capital will be locked up in a small black house.
But this is a move and seven wounds, the damage to the financial market is great, not to be used as a last resort, but it can also be used when it has to be used, the 3000 integer mark is no matter what, even if it is not broken.
Once broken, it will inevitably lead to systemic financial risks, which will be transmitted from the stock market to banks and then to the real economy, with unimaginable consequences.
If there is such a risk, it can only temporarily freeze the liquidity of the whole city, and it is necessary to intervene strongly in the market.
This kind of thing can only be done in China, and it can't be done ironclad in North America, and it doesn't hold up in theory, and you will only watch the blood collapse all the way.
……