In the days that followed, hundreds of short funds on Wall Street colluded and banded together, with all sides going their own way.

The vast majority of them want to obtain great profits, but more of a sense of excitement, which is to short a super-giant technology group with the world's largest market capitalization, and once successful, the sense of accomplishment is incomparable.

If you want to successfully short Bluestar Technology, it is not just words, the preparation is extremely complicated.

For example, Muddy Waters is in charge of the task of the Cote d'Azur, which employs 129 full-time employees and 3,185 part-time employees, and began to record the daily traffic of the Cote d'Azur's offline stores, operator channels and other stores around the world, covering 80% of the storefront's 100% business hours, and constantly collecting customer data, both bright and dark.

The purpose of doing this is to analyze the data, find the opponent's weak points, and then attack the weak points.

……

Mid-July.

Science and Technology Complex Building.

Luo Sheng, who was exercising, received a call from Zhang Bowen.

"Mr. Luo, Wall Street has made a move!"

"So fast?"

Luo Sheng immediately left the gym, came to the living room on the phone, and turned on his personal work computer.

On the other end of the phone, Zhang Bowen replied: "Chanos of the hedge fund publicly sang about Bluestar Technology in the Financial Times, questioned our company's financial data, and claimed that the hedge fund wanted to short Bluestar Technology, on the grounds that he questioned the financial fraud of Bluestar Technology and labeled us as a 'Oriental Enron'." ”

Luo Sheng operated the computer with one hand and said with a smile: "Oh? This hat is big enough, Chanos, a bad old man, it seems that he is undoubtedly the 'leading crocodile' among the short-headed predators this time. ”

Enron in the East.

In 2011, one of the world's largest energy companies, Enron North America, declared bankruptcy, causing an "earthquake" on Wall Street, which wiped out Arthur Andersen, which was ranked No. 1 in the world at the time, and was a nightmare for the North American capital market.

Luo Sheng transferred the phone to another line, put the phone down and focused on the computer in front of him, and asked at the same time: "What is the reaction to the current situation of the market?" ”

Zhang Bowen: "The company's market value has evaporated by nearly $50 billion, and the current total market value is $579.1 billion. ”

I have to say that some investors or stockholders still dare to stare at the shares of Bluestar Technology, and they must have a strong heart.

If there is any turmoil in the market now, BTC shares will inevitably fluctuate significantly, and some time ago, Bluestar Technology Group invested $135 billion to pull the company's stock price to more than $600 billion.

Few people can bear this situation, anyway, shareholders don't think they are leeks, at least there will always be an illusion that the last one to take over will not be themselves, so they follow the predators to short.

After ending the call with Mr. Zhang, Mr. Luo clicked on some of Chanos' latest interviews that popped up in the media.

In the footage of the BBC reporter's interview, Chanos stared at the camera and elaborated on the doubts: "I am very worried about the Bluestar Technology Group, they have adopted all kinds of radical accounting tactics to embellish the statements. In many cases, they take advantage of a large number of connected transactions with affiliated businesses that cannot be traced. Will Bluestar Technology's affiliates also place advertisements on Bluestar Technology's platform? First put the money into these subsidiaries that do not include consolidated statements, and then return to the side of Bluestar Technology, which is the turntable effect (left hand to right hand). ”

This kind of questioning Luo Sheng is not fluctuating, because the legal department under his command has studied it thoroughly before doing a thing.

But some people in the outside world may believe it, for example, many people will involuntarily think of the close related transactions between Bluestar Technology and the Cote d'Azur, such as the game production companies under the Bluestar Technology Group, the console platform under the Cote d'Azur, etc.

Chanos: "Among the large companies with a market capitalization of more than $1 billion listed in North America, Bluestar Technology's accounting practices are the most problematic I've ever seen, you see a line of 'equity and net income of affiliates', but you don't know the details, for such a giant multinational group with 200,000 employees, you don't know their true costs and accounting figures. ”

Luo Sheng looked at it for a while and then closed the page, he didn't need to read the news behind him to know, these routines on Wall Street are all looking for a logical reason for the follow-up forced debt.

Forced debts, forced debts, this is exactly the result Luo Sheng wants.

After Zhang Bowen ended the call with Luo Sheng, he immediately held an executive meeting within the company, and responded to the questioning and attack of Chanos, the "leading crocodile", on the same day.

Bluestar Technology Group reacted quickly and issued a solemn statement to the media in response to the attack of the short fund, and the two sides launched the first round of the "war of words".

At the temporary media conference, Zhang Bowen, who was standing on the podium, said indifferently in the face of more than 200 reporters:

"Mr. Chanos was misjudged and did not know enough about Bluestar Technology, and our group has had positive cash flow every quarter since it went public in 2006, and secondly, his claims are clearly not enough to understand our business model. We hope that Mr. Chanos will visit Bluestar Technology headquarters to learn more about the company. ”

"In fact, more than 300 investors came to visit this past June and spent a full day with our management to learn about all aspects of the business, and I personally invited Mr. Chanos on the phone yesterday and unfortunately he turned down all of our invitations, but we are still open to him."

Speaking of this, Zhang Bowen suddenly added with a smile and a mocking tone: "To be honest, I personally spoke to Mr. Chanos yesterday, and his response to me was: If I was invited to fight, forget it, so I still transferred the invitation to Bluestar Technology." ”

"Well, Mr. Chanos has a very tough attitude. But you have to respect him, because sooner or later he will have to bear too much pain, Mr. Chanos, as the leader of the big short, will definitely lose a lot of money to short Bluestar Technology, including all the short funds and followers of Bluestar Technology, we have quite abundant funds, as long as you dare to sell me (Bluestar Technology), you dare to buy. ”

The reporters in the audience frantically snapped, and everyone looked sideways, and Zhang Bowen's speech also contained a full smell of gunpowder in his calm and certainty.

Media reporters at home and abroad are also extremely excited about this dialogue in the air, as the so-called excitement is not a big deal.

Before the press conference was over, the news flew out like wings.

All of a sudden, the business, technology, media and Internet circles watched strongly, which can be described as a lot of attention.

Since 2012, Bluestar Technology Group seems to have encountered all kinds of difficulties, and melon-eating netizens are also indignant, and they are also supporting Bluestar Technology and Luo Sheng.

Everyone knows that Luo Sheng and Bluestar Technology are fighting with Wall Street, which is really not something that ordinary people can play.

But not all of them have good intentions, and there are not a few of them with malicious intentions, and there are many large, medium and small business bosses in China who hope that Wall Street can put Luo Sheng and Bluestar Technology down, so that they will have more opportunities to come out.

This "blue whale" fell, and everyone could eat it and become a big fat man.

The shopping mall is like a battlefield, and whether there will be a "friend" stabbing him in the back depends largely on whether you give him a chance.

As time went on, Wall Street finally struck.

……