The outside world would never have thought that the battle had started now, but Luo Sheng had never come out at this critical moment, and some video messages about him were all a few months ago.

Because he is now obsessed with tinkering with his Star Arrow International, and almost all the affairs on the side of Bluestar Technology Group are handed over to Zhang Bowen to take the lead.

Luo Sheng is going to conduct the most critical investigation of Lao Zhang through this crisis, and it is also Zhang Bowen's own gilded battle, if this battle is fought beautifully, then no one will be dissatisfied with the position of CEO of Bluestar Technology, and it is logical to take the position.

The position of CEO can determine the existence of a company's direction, but it is not as simple as the company's ordinary employees, a multinational giant with a revenue of 100 billion US dollars, the choice of the head is to pass repeated assessments, for example, the board of directors of General Electric has evaluated its CEO for five or six years, and finally can take office.

In fact, since Luo Sheng had the idea of stepping down as CEO, Zhang Bowen has already entered the assessment, and it is not rigorous to say that this assessment has lasted for nearly four years.

The same is true for Yao Jianhong, who is next door.

It's just that they don't know, and they never think about it, and the reason is very simple, Luo Sheng's age, no one can think that he has the idea of stepping down from the position of head at such a young age.

……

Science and Technology Complex Building.

In the morning, Luo Sheng was enjoying the nutritious breakfast prepared for him by Qingxue Mei, and was reading today's newspaper while eating, and the front page headline was an article published by the Financial Times, titled "For bears, Bluestar Technology stocks are no longer shining".

Qingxue Mei paper did not bother Luo Sheng, the recent news is in an uproar, she has also heard of it, but she is also blinded when she sees it, the only thing she can be sure of is that the young employer's company seems to have been in big trouble recently, and all major media are overwhelmingly reporting.

However, Qingxue Meizhi also admired Luo Sheng when she saw that he was now showing a light side, as if there was nothing to do with him at all.

Powerful man.

"Cortana, what is the size of the short position of Bluestar Technology?"

Luo Sheng put down the newspaper and said, after he set the general strategic policy, he did not directly participate in the command of this battle, but handed it over to Lao Zhang.

I have to say that this kind of bold behavior is probably not a few business leaders on the planet who dare to play like this, and at this time, under normal circumstances, the person at the helm is afraid that he can't sleep all the time.

As for Luo Sheng, when he first got up early this morning, he also talked about a big project of hundreds of millions of yuan with Qingxue Mei.

But then again, although Luo Sheng did not go out to command this battle, his attention was carried out every day, so he also knew the actual situation very well.

Cortana quickly responded: "As of July 19, the size of the short position of Bluestar Technology was $45 billion, accounting for 8.19% of the circulating market capitalization, and so far in the third quarter, the number of shares shorted by Bluestar Technology has decreased by 4.6 million shares, or 3.45%. ”

It is worth mentioning that in the U.S. stock market, where shorts and longs coexist, although there are no policy restrictions on shorting stocks, most investors believe that shorting is more risky than longing, and it is a crazy gamble for risk-takers.

Taking Bluestar Technology as an example, the current stock price is $384.82, and for ordinary investors who are long, as long as the stock price rises, there is a profit to be made, and the upside is theoretically unlimited.

For the bears, the lowest share price of Bluestar Technology can only fall to zero, and the maximum downside is only $384.82.

Due to the huge risk of shorting, most of the people who play the short game are professional investors who do short-term trading, fast in and fast out, and the reason why the short predators are frightened is also because of their huge capital chain and fast reaction speed.

Just today, Wall Street has collectively forced debts on Bluestar Technology, and Zhang Bowen has been busy recently, and now the group company has paid off the debt.

Although it is a malicious loan, the law does not restrict it, and it is natural to repay the debt, and there is no way to rely on this account, so pay back the money.

In doing business, paying attention to integrity is the most important.

But more than $70 billion in cash flow also takes time, and Wall Street has given Bluestar Technology a 25-day deadline and only dollar bills, no stocks or other real estate funds.

This is actually the original pot, when borrowing money, Luo Sheng did not write this clause in the contract, but wrote that he only traded in cash, and Wall Street at that time was eager to trade with BTC stocks.

Luo Sheng is not omnipotent.

However, it is not a big problem, the outside world does not know where he is hoarding more than 50 billion US dollars in the five major banks, as long as Luo Sheng speaks, the money will be in place immediately.

At the same time, the State-owned Assets Supervision and Administration Office also has 80 billion US dollars in funds, and as soon as Luo Sheng opens his mouth, the money will be in place immediately.

The form of the transaction is that the State-owned Assets Supervision and Administration Office took $80 billion to buy the shares of Bluestar Technology, and the shares bought were the shares that were repurchased before, and now they are placed in the company as "treasury shares".

Not to mention that the Luo Sheng family fund also has $150 billion in funds as the final trump card and hole card ready to go.

Luo Sheng really couldn't imagine how he could lose this capital war?

The purpose of Wall Street's debt pressure on Bluestar Technology is to increase the atmosphere for subsequent short-selling actions.

Compared with buying long and waiting for a stock to rise and make a gain, short is the opposite, that is, you feel that a company is not good, so you sell it, and then make its decline.

For example, hundreds of short funds or institutions on Wall Street are shorting Bluestar Technology, but they obviously do not have the company's shares in hand, so they first borrow stocks from institutional accounts that hold Bluestar Technology stocks in the market and sell them, of course, this requires paying a certain amount of interest before others are willing to borrow.

But it's not like it's over after secretly rubbing and selling, and it has to be announced to the world.

As a result, Chanos publicly questioned various problems with Bluestar Technology, and Wall Street forced debt to follow.

The purpose of these operations is actually very simple, that is, to "find a sense of identity", once other investors in the market agree with these views, then they will also follow the short Bluestar Technology, then the stock price will fall, and the short institutions will earn a greater decline.

If Bluestar Technology falls to a position that they think is reasonable, they will buy back the shares of Bluestar Technology at a low price and return them to the institutions that lent them BTC shares before.

In this way, it is a complete shorting process.

But this is only part of the operation of the bears, in fact, there are many other ways to achieve this goal, such as by buying put options.

……

In the next month, under the watchful eyes of the public, this scene of fairy fights was staged, the stock market was surging, the short predators were making waves, the bulls, ghosts, snakes, gods and demons were dancing wildly, and countless people in the industry and the people who ate melons were all trembling in the rhythm.

At this time, those who dare to enter the troubled waters to fish are either particularly bullish or do not know how to spend the money.

Within a week, the shares of Bluestar Technology held by several Wall Street short funds such as the Soros Family Fund plummeted from 132 million shares to 83.52 million shares, a reduction of 36.7%, and more than one-third of the short institutions almost liquidated their positions.

On the side of Bluestar Technology, Zhang Bowen fulfilled his promise, if the short institutions dared to sell, he would dare to buy it, and he would take as many as he could.

At this time, Bluestar Technology only had less than $5 billion in funds, but the Cote d'Azur came to the rescue at this time and quickly supported $17 billion, and Shengfeng Capital also brought $5 billion.

There is still a fight in this capital war.

The stocks reduced by the short fund were all taken over by Lao Zhang, and the stock price of Bluestar Technology stabilized at the $550 billion level and did not fall sharply.

And this means that in this week's battle, the short side of Bluestar Technology has accumulated $15.6 billion in this week alone, of which the leading hedge fund has lost $2.283 billion, followed by the Kinnicks United Fund has lost $2 billion.

……

Entering September, Zhang Bowen, as the pre-war commander, held a media conference again on September 5, when the capital war was in a scorching state.

But the outside world found that Luo Sheng was "extremely irresponsible" at this juncture, so he didn't see him come out and show his face, it was all Lao Zhang showing his face.

"If you want to wear a crown, you must bear its weight. As the world's largest Internet giant, Bluestar Technology has been watched by Wall Street and targeted by overseas shorts, and has now become the most seriously shorted company in the world, with 201 million BTC shares shorted. ”

At this moment, Zhang Bowen on the podium was calm and determined, and continued with a faint smile to the media reporters present: "Overseas big shorts are often called 'crocodiles', dormant for a long time, bloodthirsty and moving, never soft-hearted, no matter which company encounters it, it is inevitable that a capital 'vicious war', however, the short predators who covet the 'fat' of Bluestar Technology will quietly withdraw sooner or later, and when the stock price rises, timely closing and stop loss is the only choice for the bears to retreat." ”

The domestic and foreign reporters at the scene kept capturing the No. 2 person of Bluestar Technology, and Lao Zhang smiled with a confident attitude: "Mr. Luo commented on these shorts last month...... We have never objected to anyone shorting Bluestar Technology, the more they short, the better, anyway, in the end, they have to buy it back. ”

Chanos, who was far away on the other side of the Pacific Ocean, was watching the broadcast at night, and when he heard the narration and translation voice of the TV media reporter of this station, the corners of Chanos's eyelids and mouth twitched violently for a while, and his expression gradually became gloomy.

I was speechless, and in the end I really wanted to buy it back.

But the stock price of Bluestar Technology Group cannot fall, which means that the bears and predators are bleeding non-stop, and the interest payment alone is calculated in hundreds of millions of dollars.

Chanos stared at the TV broadcast and snorted, "I'd like to see how long your funds last?" You underestimate Wall Street's determination to be the real winner in the end. ”

……