Yanjing time, March 3th, Friday, 25:22.
Jinmao Tower, in the familiar meeting room.
At this time, Chen Fang asked Luo Xu: "What was the stock price of Moke Pharmaceutical Company yesterday?"
Luo Xu said with a smile: "Yesterday's closing price was 22.3 US dollars. Two days ago, the relevant departments on the US stock market found out that their financial fraud was not as much as the 'Coyote Company' announced, but it still reached 400 billion US dollars.
In addition, they are also facing losses of US$230 billion demanded by shareholders. Many financial institutions that have lent to them are now asking them to ask for repayment.
Anyway, at present, the reputation of Moke Pharmaceutical Company has completely collapsed, and the stock price has completely collapsed. "
At this time, a brisk voice came from Long Yijun's side: "The market is open, the market is open, the opening price of Mok Pharmaceuticals is 18.2 US dollars today, a drop of 4.1 US dollars, a drop of 18.3% from yesterday.
Compared with our short line, the overall drop was 185.3 US dollars, and the total drop reached 91%.
The total market value of Mok Pharmaceuticals evaporated by more than 4500 billion US dollars, and officially fell below 500 billion US dollars, leaving only 460 billion US dollars! "
Although the market value cannot really measure the actual value of a company, the loss of a listed company's market value means that the potential and value in the eyes of others are gone, and the future is worrying.
Perhaps, the current net assets of Mok Pharmaceuticals are hundreds of billions of dollars, or even more, but so what?
At this point in time, even if everyone knows that it is a cake, they will subconsciously suspect that it is Xiang disguised as a cake.
Once this time is reached, there is no need to be sure that it is Sho, as long as there are seeds of doubt, that is enough.
……
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Chapter 630 The Biggest Winner
Long Yijun finished talking about today's opening.
In the meeting room, there was a lively discussion.
"Tsk tsk, it has fallen so much again."
"The market value of 5000 billion US dollars is less than 500 billion US dollars now."
"How long has it been? It hasn't even been a month, and it has fallen like this."
"Hey, Moke Pharmaceutical Company has fallen all over the place, but we have made a lot of money."
"Boss Chen NB!" Yao Fei suddenly roared at this moment.
Since a month ago, Yao Fei and other rich second-generation people who had not participated in the operation before had been running towards the Jinmao Tower almost every day.
Could it be that the decline in the stock price of Merck Pharmaceuticals made them feel extremely happy, more comfortable than dating 100 girls.
Chen Fang pointed to Yao Fei, with a smile on his face, and looked at the K-line chart on the screen, and couldn't help feeling a little bit emotional.
Luo Xu said to Chen Fang at this time: "Mr. Chen, the market value of Moke Pharmaceutical Company has dropped so severely, if nothing else, its various businesses will be greatly affected.
The decline in revenue is 100% a matter. If it is not handled well and the capital chain is broken, it will resell its subsidiaries.
If selling the company can't make up for the funding gap, you can only apply for bankruptcy and reorganization.
However, I think that Mok Pharmaceutical Company should not be able to go to the stage of bankruptcy and reorganization. Perhaps, in a few days, it will reach the limit. "
Chen Fang nodded.
Luo Xu went on to say: "My suggestion is that we have already earned enough at the moment, and it is meaningless to look at the drop of less than 10%. It is better to buy coupons to close the position now and withdraw the money in time. , in case you have long nights and dreams, what do you think?"
Chen Fang smiled and said: "I came here today just to talk about this matter. Let's buy and close the position around 15 dollars. Anyway, the lower the price, the better. You guys watch the operation."
Therefore, Luo Xu arranged for the people from the 'needle company' to quickly buy coupons to close their positions.
Now that the stock price of Mok Pharmaceuticals has fallen to such a point, many investors who had hoped for this company before have given up.
Therefore, starting a few days ago, many people who own the shares of this company are actively selling them.
It's a pity that no one dared to take the offer, and it was in their hands and couldn't be thrown away.
Therefore, in order to stop the loss, they can only continue to lower the price to sell.
Therefore, if you let go of your position to buy, the trading volume will be very large, and it is conservatively estimated that 5 million shares can be traded.
'Needle Company' had 1.01 million short shares before. When the stock price fell to $15, it bought 1.01 million shares in less than four hours.
It only cost 15.15 billion US dollars to close the previous short position of 204 billion US dollars!
When the 'Needle Company' completed this move, the journalists on Wall Street, who were keeping an eye on the 'Needle Company', immediately passed the news back to the company after capturing this situation.
There is no suspense. The media in the United States began to frantically report the short-selling situation of the "needle company".
"Short $204 billion, close $15 billion!The Biggest Short of the Year - The Needle Company! "
"Even God Was Shocked!The needle company successfully closed its position, making a profit of 189 billion US dollars! ! ! "
"The most successful short-selling operation in the 21st century, targeting Mok, achieved a profit of more than 180 billion US dollars! "
"The Mysterious Big Short from the East——Luo Xu, teach you how to earn 189 billion US dollars in three months! "
This time, the experience of Moke Pharmaceutical Company is tragic, but it is also their own fault. To blame can only be blamed on themselves, financial fraud, and no one else.
'Needle Company', in this storm, has become the biggest winner.
As the CEO, Luo Xu's name is undoubtedly remembered by many financial giants on Wall Street, and can even be engraved into the textbooks of short-selling history of US stocks.
The culprit who set off this storm is naturally the 'Coyote Company' and its helm, Eric.
Although, Eric was a little surprised at the beginning why the 'needle company' didn't speak up to support himself some time ago.
But then he thought about it for himself, and the 'needle company' should have contributed in secret.
Otherwise, the stock price of Mok Pharmaceuticals would not have collapsed so much.
His previous forecast was a 50% drop, but now, it has directly fallen by more than 90%.
Eric's own company also intercepted a profit of more than 46.5 billion U.S. dollars by shorting 40 billion U.S. dollars.
This sum is directly approaching all the short profits in the past ten years!
As a result, Eric couldn't help but exclaimed excitedly in front of all the employees: "The 'Needle Company' really helped us a lot this time, without them, we wouldn't be able to make so much money!"
Compared with Eric, Chen Fang and others in Shanghai, everyone's face is filled with joyful smiles at the moment.
Because, they have finished closing their positions, and within a few minutes, they also completed the interest delivery with the brokerage and Sequoia, and got back the margin that was previously invested in the stock market.
At this time, the U.S. stock market is still closed, but the battle belonging to Chen Fang and others has ended.
At four o'clock in the morning, everyone was still full of energy. Everyone in the conference room was sitting upright, waiting for Chen Fang to speak.
Chen Fang sat on the main seat, said a few words casually, and then said to Luo Xu: "Boss Luo, you can start now."
Luo Xu nodded, held his head high, glanced at the documents in his hands, and said with a smile: "Everyone, I have already received the final income from this short sale, so you must be eager to know, right?
In this short sale, our total principal was 113 billion U.S. dollars, and we made a total of 204 billion U.S. dollars. The final closing line was 15.15 billion U.S. dollars, and the short profit was 188.85 billion U.S. dollars. The interest of Sequoia and the brokerage was 6 million U.S. dollars Get ahead.
In other words, our profit from short selling this time reached 182 billion U.S. dollars, or 182.5 billion U.S. dollars to be precise! "
Although they already knew this result, but when Luo Xu said it, everyone was still very excited.
Luo Xu continued: "However, the 182.5 billion US dollars is only the profit of this short sale. During the short sale process, Mr. Chen led us to carry out four accurate long operations, which brought us a total of 9.1 million US dollars in income. .
Added up, within two or three months of the first quarter of this year, we have achieved a total profit of US$191.6 billion!
In addition to the profit of US$89.6 billion from long positions last year, under the leadership of Mr. Chen, we have realized a total of... US$281.2 billion in investment income.
Of course, after deducting some additional expenses of NL companies and 'needle companies' in the United States, the actual pre-tax investment income is 277 billion US dollars! "
In the meeting room, Zhao Hao couldn't help it first, and laughed loudly: "Damn, I don't know, I was shocked when I calculated it, the investment income of 277 billion US dollars, according to the current exchange rate of 6.5, converted into RMB Exactly 1800 billion!
1800 billion RMB, I am inflated, Lao Chen, I really love you to death, hahaha..."
……
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Chapter 631 Accidentally Made Over 600 Billion
Huang Xiaotian took a deep breath, his face flushed slightly, he held a computer in his hand and kept pressing it, his scalp felt a little numb:
"277 billion US dollars, this is the income that has not been tax deducted, we are now going to tax according to the normal situation.
Adding up the corporate income tax and personal income tax, after taking 4% of the tax, the net income at hand is about 166.2 billion US dollars, which is equivalent to 6.5 billion RMB at the exchange rate of 1080.3.
Assuming 1080 billion RMB, I invested 10 billion before, holding 4% of the shares, which means I can get 43.2 billion RMB..."
Huang Xiaotian was still pressing the calculator and muttering.
The other second generations couldn't help but scream.
"Fuck, Lao Huang, you invested 10 billion yuan, and the net income was 43.2 billion yuan. What the hell is this 432% net rate of return?"
"The rate of return of 432% is still net. This, just two words: horror!"
"Hey, from the end of November last year to the end of March now, we have only been working for 11 months?"
"In 4 months, I realized a net profit of more than 400%... President Chen, I won't lie to you, my sister is really cute, don't you like loli?" Zhou Zekai suddenly looked at Chen Fang eagerly.
Hearing what he said, some of the second generation who complained about him before for 'selling girls for glory' also joined in.
"Mr. Chen, I also have a sister who is very beautiful, the kind who looks like a fairy, really!"
"Mr. Chen, Zhou Zekai's younger sister is still young, not yet 14 years old. No way. I have a cousin who is already an adult. She is a legal loli. Don't you like it?"
"Mr. Chen, Mr. Chen, I have a little niece who is still in kindergarten. She looks really cute. Are you interested in nurturing? If you are interested, I will introduce you later?"
Chen Fang was speechless: "Even the kindergarteners are here, you are enough, I am not looking for a girlfriend, if you are not afraid of cheating my sister or something, then send them to me, she is beautiful, I, Chen, will definitely take care of her." If you can’t accept it by mistake, if it’s not beautiful, then go back and forth.”
Everyone laughed when they heard the words.
At this time, Yao Fei was slapping the table excitedly: "432% net rate of return, I invested 2 million before, so I can get a full 8.64 million yuan later?"
As he said that, Yao Fei clenched his fist, feeling extremely happy. At the same time, he looked at Chen Fang with admiration. He even couldn't help saying:
"Mr. Chen, if my sister hadn't been married, I would definitely introduce her to you. You are too naughty, let alone Mr. Chen. If you need Yao Fei for anything in the future, just give me an order. I will Absolutely will not shirk!"
"Yao Fei, what kind of green onion are you? Get the hell out of here. Mr. Chen has to order something, and we will come first, not your share." Huang Xiaotian joked.
"That's right, Yao Fei, you're just a younger brother. Even if you carry Mr. Chen's shoes, it's still not your turn. You have to line up!"
"I actually witnessed an investment that achieved a net return of more than 400% in four months. Well... I feel like I'm dreaming!"
"I invested 1 million before, and then I didn't do anything, so I can lay down and divide more than 4 million? Fuck, this kind of good thing happened to me, Mr. Chen, I love you so much!"
"Damn, I'm so regretful. Why did I invest 2 million before? If I knew it was so profitable, even if I severed the father-son relationship with my dad, I would have to invest 10 billion in it!"
"There's nothing to say, I'm completely in admiration for Mr. Chen now, it's so NB!"
"Who isn't?"
"..."
In the conference room, laughter continued.
Luo Xu and the others, except for Xue Qi who has withdrawn their shares, no one has made a lot of money.
Yao Fei invested 8 million yuan and made a net profit of more than [-] million yuan.
Zhou Zekai, Long Yijun and other second generations invested less than 1 million yuan and more than 3 million yuan. Therefore, the worst ones made more than 4 million yuan.
Bei Yiming invested 5 million before and earned 21.6 billion.
Huang Xiaotian invested 10 billion before and earned 43.2 billion.
Zhao Hao invested 20 billion before and earned 86.4 billion.
And Luo Xu, who invested 30 billion before, made more than 129.6 billion, almost 130 billion.
If Xue Qi's withdrawal is included, everyone will more or less gain some extra income, the least of which is 2592 million, and even Yao Fei has more than 5000 million.
As for Luo Xu, he can directly get about 7.7 million more!
This investment, in just four months, has made so much money, everyone can say that they have made a lot of money!
Therefore, for Chen Fang, all of them are both grateful and admired.
There is no doubt that after such a cooperation, the group of them will willingly become Chen Fang's younger brothers in the future. Even in order to be able to hang out with him, Chen Fang told them to go east, and they probably would not dare to go west.
No way, this is the powerful effect brought about by the bond of interest.
As the leader of this investment, Chen Fang has a total of 6% of the shares, so according to this ratio of dividends, he can finally get 648 billion RMB, and Xue Qi's part is about 686 billion RMB.
Originally, Chen Fang just wanted to earn tens of billions through the information provided by Ryan.
But who knows, I accidentally made more than 600 billion RMB!
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