Chapter 471: Oolong Finger Appeared
However, the board of directors knows that the current Lehman is still worth being cheated of?
It's just for nothing, I'm afraid no one dares to take over their hot potato!
They know better than anyone what the company really does.
What they need most now is to get a huge amount of cash flow, and then use a quick knife to cut through the chaos and thunder means to strip off those "toxic" assets, so that they can have any hope of escaping.
Otherwise, Lehman would have been fixed forever in 158 years.
Investors in the United States, who have made a desperate bet and succeeded in buying the bottom, are jubilant and celebrating that they made the right investment.
And Chen Weidong is even happier than them.
In the midst of the sharp decline in Lehman's stock price, excluding transaction costs, Infinity Fund made a total of nearly $400 million from Lehman.
Although it is a little insignificant in terms of the current size of Infinity, after all, the money came too easily.
Who wouldn't like this kind of arbitrage opportunity that takes advantage of poor information and minimal risk.
If you come a few more times, the company may be able to get a whole year's worth of scientific research funds.
It's just that he is still a little powerless.
Because it's so busy.
After returning from Europe, Infinity immediately organized a number of computer companies in China to jointly discuss the construction of the "virtual world".
If you want to improve the virtual world as much as possible in the shortest time, this workload can definitely be described as "massive", which requires brainstorming.
Although Infinity's computer department is second to none in the whole of Asia, with tens of thousands of programmers, they still can't eat such a big pie alone.
Forcing oneself to eat alone will only slow down the progress of the virtual world.
Therefore, in addition to the backbone program, the rest of the branch business is allocated to small and medium-sized Internet companies in China in the form of bidding, and they are responsible for the construction and maintenance of the remaining plates.
In addition, there are also related technologies of "brain-computer interface", which are also their next key research topics.
He does not want domestic enterprises to be overly dependent on infinity companies to provide technical support, and only by letting a hundred flowers bloom and compete with each other can they have sustainable innovation capabilities.
Infinity's practice of setting up a platform and making money together has won the praise of countless business people.
The recession brought about by the subprime mortgage crisis in the United States gradually turned into a boom.
Everywhere there are huge revenues from emerging industries, everywhere there are people who have benefited from the virtual world, and everyone is full of confidence.
People in this great era, the biggest feeling may be that wages rose every year before 08, and there was a correction in 08.
However, for ordinary people, this impact can be said to be minimal, because the unemployment rate of the whole society in 2008 was only 4%.
Coupled with various policy stimulus, the impact of the "subprime mortgage crisis" has been greatly weakened.
As a result, many people in China did not feel the cruelty brought about by the "economic crisis" at all, and when they came to their senses, they found that the crisis had long since passed.
The reason why there is such an illusion is that our country's economy is still dominated by domestic demand at this stage, the living standards of the domestic population have been greatly improved, consumer demand has grown rapidly, and most of the production capacity can be self-digested.
Just like the "home appliances to the countryside" often mentioned on TV news, it is a product of the birth of this period.
Giving subsidies to farmers to purchase household appliances and allowing rural areas to shoulder the task of digesting excess capacity has always been our only weapon to stimulate domestic demand.
On the other hand, the subprime mortgage crisis swept the world because American financial institutions securitized mortgages, spreading debt risk to the world.
However, during this period, the degree of internationalization of Chinese financial institutions was still very insufficient, and the scale of European and American securities assets held was very small.
Therefore, it is very fortunate to have escaped the sickle of the international capital giants.
However, due to the impact of the general environment, the life of domestic financial institutions is not much better.
A-shares continued to be dragged down, and the so-called "epic" positive stamp duty market lasted only one month, and then it continued to fluctuate downward, out of the shocking "ten consecutive yin", and once again triggered the 3,000-point defense battle (failure).
It fell all the way to 2800 points before temporarily stopping the decline and turning into a range-bound platform.
The shareholders who bought the bottom of the previous 3,000 points were like rats that fell into the bellows, and they couldn't go up or down, which can be described as extremely painful.
At first glance, the index did not fall much, but many investors who were not sure of the rhythm of the market, in this market, lost even more, and the market value of the account continued to shrink, hitting a new low.
As a result, more and more stockholders no longer have any illusions about the stock market after giving themselves two slaps in the face, and would rather cut off the meat than throw away the stocks in their hands, and then close their accounts and leave this "meat grinder" general market.
However, this behavior exacerbates the vulnerability of the market.
Because when everyone sells stocks, the supply in the market increases, and the demand decreases, which causes the stock price to fall further, creating a vicious circle.
In this extremely bad market, the experts and securities researchers who sang long and called on shareholders to enter the market to buy the bottom without exception were scolded bloody.
At this moment, the mainstream public opinion has completely evolved into an extreme situation where "whoever says that the stock market will rise will be attacked by angry stockholders." ”
Even Chen Jie was not spared.
Many of his "black fans" have emerged on the Internet, attacking and abusing him.
Even some private equity funds that bought the bottom at 3,000 points couldn't help but say: in the stamp duty market, they did not find any seats on infinity securities and funds.
The implication is that Chen Jie previously advocated that 3,000 points was the bottom, so that everyone could enter the market to buy the bottom, but he didn't buy it, just to let shareholders go in and take over.
For a time, the market was flooded with all kinds of rumors about him.
However, Chen Jie himself, as if he was deaf, did not make any response.
Not even during this time, he was not seen in public once.
Some of his die-hard fans clicked on his Qiandu Tieba ID and found that his last online date was 27 days ago.
This made more people start to panic and sway.
2 August, 2008.
South China City, in a senior ward of Union Hospital.
Chen Weidong held a copy of the test results, his eyes were locked on the word "negative" in the lower right corner, he was obviously relieved, but then turned his head again, and said in a reproachful tone: "Such a big thing, why didn't you tell us earlier?" It's so much that we think something has happened to you. ”
"The whole company is very busy, and I don't want people to be affected by this little thing about me." Chen Jie asked the secretary to adjust the angle of the head of the bed to thirty-five degrees, leaned on it, and asked a little nervously, "You didn't tell anyone else about this, did you?" ”
He was worried that the people in his hometown would know that it would be very troublesome when the time came.
About a month ago, he suddenly began to cough a little, originally thought that he was just infected with a little wind cold, but it became more and more serious later, even his chest began to hurt, and even it was difficult to breathe, so he hurriedly asked people to contact the hospital.
When the hospital heard that it was Chen Jie, they attached great importance to it.
A full body examination was immediately arranged for him, and all the chief physicians of the internal medicine department were summoned for consultation.
After a check-up, a CT scan showed some shadows in his lungs.
Combined with a series of symptoms, the hospital initially suspected that his lung nodules were diseased, but they did not dare to draw conclusions easily, so they could only let him be hospitalized for observation first.
It was not until after the lung puncture examination and the laboratory test sheet that the hospital finally determined that his nodule was benign, and the reason for the chest pain and difficulty breathing was mainly due to the recent irregular life and rest, coupled with frequent smoking, which caused the lung infection and inflammation.
As a result, he has been in the hospital for most of the past half a month to recuperate, and he did not dare to tell Chen Weidong the news until his physical condition was basically better.
"I'll rush over as soon as I hear from you, so I don't have time to tell others." While Chen Weidong's hanging heart fell to the ground, he was still a little uneasy, and said in a very stern tone: "In the future, you have to tell us this kind of thing as soon as possible, otherwise everyone will be very worried, and this time you have to quit smoking no matter what, this thing will kill you sooner or later!" ”
Although this time it was just a false alarm, this incident still sounded the alarm for Chen Weidong.
In the memory of his previous life, the third uncle died of lung cancer because of frequent smoking, and now that he has been reborn, he originally thought that many things would change, but now the third uncle has problems with his lungs, which really makes him feel a little "fatalistic".
"Okay, okay, I know, I'll just smoke as little as possible in the future." In order to reassure him, Chen Jie could only agree.
In fact, as an "old smoker", he has also tried to quit smoking many times, but in the end he failed.
Now that he has completely accepted his fate in the bottom of his heart, it is better to let him quit smoking, it is better to go with the flow and find enjoyment.
If there really is such a day, it is also his destiny to have this catastrophe.
When Chen Weidong saw him like this, he knew that what he said was in vain, so he could only change the topic and talk to him about some things that happened in the outside world during this time.
Talking about the fact that the stock market has hit a new low, some shareholders said that he was "a bull market blower and deceived retail investors to take over", Chen Jie was also a little indignant, he really didn't expect that the stock market would be so good that it could still be rotten like this.
It's like refreshing his lower limit again and again.
Chen Weidong was about to ask him if he had any plans for the stock market in the near future, but his mobile phone suddenly rang, and it turned out to be a call from Li Xi'er, saying that Zhao Gong and others came to the office to look for him, found that he was not there, and asked him to hurry back to the company if he was in a hurry.
He saw that the third uncle was no longer in trouble, so he chatted with the attending physician for a while, and then hurriedly returned to the company.
Meanwhile.
Donghai City, in the trading hall on the first floor of Orient Securities.
The atmosphere was suffocating for a while.
On the electronic display screen, a dazzling green light kept flickering, the numbers fell like a kite with a broken string, and the faces of shareholders were full of anxiety and despair, their eyes glued to the screen, as if they could change those cold numbers by their own will.
Finally, I don't know who took off a shoe and slammed it on the big screen.
"Why is it so rubbish, diving again!"
"Who just said that you bought the bottom? Come out, I promise not to kill him! ”
"Didn't you say that the Olympics will open in a few days, it's really shameless to fall like this!"
"Damn, I just bought 6,000 shares of Founder Technology in the morning, and I lost five points in half an hour, who should I talk to."
The Shanghai Composite Index has been oscillating on the zero axis in the morning, and some investors thought that the market had stabilized, but they did not expect that as soon as the market opened in the afternoon, the market staged a high platform diving, continuously breaking through the 2800 and 2700 point mark, and a straight 2500 point posture.
Looking at the display, the big -4.5% green word drop is still expanding.
The originally dull atmosphere of the trading hall instantly turned into a powder keg, and the noise of swarms and scolding was endless.
Huaxia shareholders have endured too much.
If the grievances can be condensed into entities, then the securities company can definitely be called the top of the dark cloud.
Not surprisingly, today is another day of plunge.
Suddenly, just when everyone was about to give up hope, an extremely strange scene appeared on the large screen of the monitor.
Patches of red lattices continued to emerge in the sea of green, and the Shanghai and Shenzhen indices began to rise violently, like a submarine rapidly surfacing the surface.
Including Goldwind Technology, Shuanghui Development, Yuyue Medical, Sinoma International, Gold Mantis and other 273 small and medium-sized boards, 64 CSI 300 constituent stocks, there were thousands of institutional orders without warning.
More than 300 stocks were instantly killed to the daily limit!
Driven by this sentiment, the market once rose by 6%!
Just when all parties in the market were speculating about whether there was a major positive release, the news suddenly came out in South China that the headquarters building of Infinity Securities was forced to pull the gate and cut off the power. (End of chapter)