My Age of Investment

   Chapter 1531 Hunting Game

New York.

   United Club.

  Xia Jingxing led the waiter into a dimly lit room.

As soon as you enter the house, the first thing that catches your eye is a dining table covered with a white tablecloth. There is also a candlestick on the table. Under the light of the candlelight, the faces of Blankfein and Michael Mak sitting on both sides of the table. It looks a little creepy.

  Xia Jingxing was stunned for a moment, then asked with a smile, "What is this operation? Treat me to a candlelight dinner?"

   Blankfein said with a smile on his face: "Yes, what do you think of this atmosphere?"

   "It's a bit like a sacred ritual."

  Xia Jing walked to the table, pulled out the chair and sat down, then turned his head to look around, but found no cross hanging anywhere.

   Hearing the sarcasm in Xia Jingxing's tone, both of them laughed.

  Mai Jinhe said with a smile: "Daren, you have something to say."

  Xia Jingxing pretended to be puzzled and asked, "What do you mean?"

  Mai Jinhuo glanced at Blankfein, the latter smiled without saying a word, and after scolding an old fox in his heart, he slowly said, "Daren, you should have also noticed the rebound in Facebook's stock price today, right?"

  Xia Jingxing nodded lightly, "I see, I don't know which immortal took the shot, and directly supported the shaky stock price. You two have great powers, do you know who did it?"

Mai Jinzheng smiled, knowing that Xia Jingxing was deliberately going around in circles with him, so he simply stopped detours, and said directly: "Facebook's stock price has been sluggish for a while a while ago, and now it has been stimulated by a series of good news. Start to regain lost ground.

  Some robbers and thieves who took advantage of the fire could not retreat in time, and were surrounded by the bullish army.

  Daren, what do you think about this? "

Xia Jingxing glanced at Mai Jinzheng, then glanced at Blankfein, and found that both of them were looking at him with anticipation, and smiled, "What can I say? Shorting is the normal behavior of the market, and everything is left to the market to decide.”

   Seeing that Xia Jingxing was a little out of the way, Blankfein also said, "Daren, the short squeeze market has already formed. As an important part of Wall Street, Vision Capital is planning to miss such a good investment opportunity?"

  Xia Jingxing sneered in his heart, the fox's tail was finally exposed.

   An hour ago, when he received a call from Blankfein and Michael Mak to invite him to dinner, he had already vaguely guessed the real purpose of the two.

   Recently, Goldman Sachs, Morgan Stanley and their allies and younger brothers have vigorously advocated the growth of Facebook, fooling global investors into buying dips.

   But the number of people who are fooled is always a minority, and most of the institutions choose to wait and see.

   At the same time, the bears are more convinced that they have seen through the conspiracy of Goldman Sachs and Morgan Stanley, and not only did not close their positions, but also increased their short positions.

Until today, the Wall Street pit gods headed by Goldman Sachs and Morgan Stanley have finally begun to fill the pit. The bulls' power instantly exerted force and overwhelmed the bears in one fell swoop, scaring the bears from all walks of life to admit defeat and exit, and the bears competed to buy and close their positions. Facebook shares rose further.

   But not all the short sellers ran away, Xia Jingxing found that some short sellers were still holding on, which was what Mai Jinhe said was surrounded by "robbers and thieves".

   On the surface, it seems that it is a profitable thing for the two to invite themselves to beat the shorts, but the premise is that Goldman Sachs and Morgan Stanley do not sell stocks behind.

  Otherwise, he would be on the top of the mountain when he entered the market to buy the dips.

  Xia Jingxing smiled lightly, "I called a shareholder meeting some time ago, and the representatives of your two companies swore to me that you must sell your Facebook shares firmly.

   Of course, buying and selling stocks is your freedom, and I have no right to interfere.

   But let me enter the field to cover your retreat, is it a bit unkind? "

  Although Xia Jingxing's words were very explicit, there was no embarrassment on the faces of Blankfein and Mai Jinhe, as if they had expected Xia Jingxing's reaction.

   "Daren, you misunderstood."

  Mak explained: "Some time ago, we did plan to sell some of our stocks after the stock ban was lifted.

   But now, we have changed our minds. "

   Speaking of which, Mai Jinhe glanced at Blankfein and said with a big smile, "We didn't expect to catch a big fish! And you know this big fish, Darren."

  Xia Jingxing looked at the two with a puzzled expression, he was a little confused.

   Blankfein took up the conversation and said: "We have found out that the Lai family in Hong Kong is massively shorting Facebook, and their short positions have reached as high as 3 billion US dollars.

   Today, Facebook’s stock price rose sharply, and the Lai family urgently replenished a $1 billion margin, and then added a short position of $2 billion.

   That is, they now hold a $5 billion short position. "

Speaking of this, Blankfein's original serious face couldn't hold back any longer, and he said with a smile: "This is a full 5 billion US dollars! It's so naive, it's a bet that we will be on December 1st. Then fire sale Facebook stock.”

  Mak also smiled and said: "For the sake of $5 billion, we changed our mind and decided to sell Facebook shares a few months later.

   The short position of up to 5 billion US dollars, if it is exploded in one fell swoop, Facebook's stock price will definitely rise to the sky. "

  Xia Jingxing silently digested the amazing information the two brought him in his heart.

   He said who is making waves? It turned out to be the second son of Rei who was against him everywhere.

   He didn't know why Li Yikai came to Wall Street for this muddy water, but the water on Wall Street was really muddy.

He guessed that Li Yikai would not be stupid enough to find Goldman Sachs and Dalmore as his brokers, but unfortunately, the short-selling plan formulated by Li's second son is still like a naked girl exposed to a group of hooligans. .

   Even the amount of margin added today and how many short positions have been increased are clearly grasped by others, and there is a hammer battle.

   Li Yikai will definitely be slaughtered as a big fat pig this time.

   Even he was cautious and cautious in Wall Street. At the same time, he also made friends and enriched the LP composition of Vision Capital, which prevented him from being swallowed up by wolves.

  Li Yikai is good, as soon as he entered Wall Street, he hit Goldman Sachs and Morgan Stanley with his idea. What can you say? Can only say that this should be reported!

   "Daren, I heard that in 2008, you had a bad time with the Lai family in Hong Kong. I guess they may have come to avenge you this time."

  Mai Jinhe looked at Xia Jingxing with a smile, he was sure that after receiving this amazing news from them, Xia Jingxing would change his mind.

   Beat the drowning dog, who can refuse it?

  Xia Jingxing said with a blank expression: "Don't underestimate the financial resources of the Li family, I used all my strength the year before last, and barely managed to tear a piece of meat from the Li family."

  Mak Jin-truss laughed, "We have never underestimated the financial strength of the Lai family in Hong Kong. Li Huangtai is the richest man who has occupied the throne of the richest Chinese for many years, and he is also an invisible rich man who holds a lot of cash.

   Therefore, we intend to seek your help. With your participation, all arrangements will be truly foolproof. "

  Xia Jingxing silently evaluated Mak Jin-hew's proposal in his heart. If he had the opportunity to attack Li Yikai and Li Huangtai, he would definitely not miss it.

   But only if there is any risk? And can you make money from it?

   He originally planned to wait for Goldman Sachs and Morgan Stanley to blow their shorts and start selling stocks, and then enter the market to buy the bottom.

   For this dip, he also set up a Pell Walsh Trust for his daughter.

   But the plan couldn’t keep up with the changes. From the information they shared, it is possible that Goldman Sachs and Morgan Stanley would have to wait until they hunted the Lai family before selling Facebook shares.

  Do you want to take part in this hunting game?

   Just as Xia Jingxing was weighing it over and over again, several waiters suddenly knocked on the door, brought a few plates of steak, and opened a bottle of red wine.

  Blankvan waved back a few waiters, picked up the red wine himself, poured a glass for Xia Jingxing first, and then poured it for himself and Mak Jinheong.

   "Daren, let's have a drink together!" Blankfein said, raising the glass.

   Seeing this, Xia Jingxing also picked up the cup and touched Blankfein and Mai Jinhe each, then raised his neck and took a sip.

   After drinking, Xia Jingxing also made a decision in his heart and said, "What are you going to do?"

   Blankfein laughed heartily: "Daren, I knew you would never miss such a good show.

   How does it work? We can do this..."

Speaking of this, Blankfein stopped for a while, picked up the knife and fork on the table, and started to cut the steak, cutting it while saying: "Take it as a plate of steak, cut it little by little, and then send it slowly. Put it in your mouth and savor the deliciousness of the steak."

Seeing that Blankevan forked a bloodshot steak and put it into his mouth to chew slowly, and then showed an intoxicated expression, Xia Jingxing smiled, "Okay, it's all up to you, the big gourmet. ."

Next to   , Mai Jinzheng glanced at Blankfein a little unhappily. Damn, this time he pretended to be there again.

  …

  …

   The time will soon come to December 1st.

   This day is the 180th day of Facebook’s listing, and it is also the day when Facebook’s second batch of stocks is lifted.

   The long-awaited large-scale cash-out by shareholders did not take place on Facebook. Facebook’s stock price rose unabated after breaking through the $40 mark and continued to move towards a high of $50.

  Inspired by this, some hedge funds specializing in short-term operations could no longer hold back and joined the bulls in an attempt to fish in troubled waters.

   But some people worry that it is a smoke bomb deliberately released by Goldman Sachs and Morgan Stanley, and choose to wait and see.

  Because Goldman Sachs has had a bad reputation since the financial crisis in 2008, and even its own clients are pitted, so everyone has to guard against it.

  What happened in the next few days caused a group of wait-and-seeists to have great psychological shake-Facebook stock price officially broke through the $50 mark, and it was one step closer to reaching its market value target of $200 billion.

The bears suffered heavy casualties, especially those who did not believe in evil and still came to speculate after December 1st. They saw that the expected large-scale cash-out did not happen, and Facebook’s stock price also broke through the $50 mark, completely unable to bear it. Stayed, they all conceded defeat and quit.

   These short-selling orders, plus the orders bought by several major funds, together constitute the driving force for the continuous rise of Facebook's stock price.

Until this moment, everyone has truly realized the terrifying nature of Facebook. This kind of large-cap stock with a deep background is not so easy to short, even if it still has a billion shares that have just been lifted, but as long as someone is willing to support it, The stock price won't fall.

   Seeing this scene, the wait-and-see faction stopped watching and joined the big team that took advantage of the fire.

   It’s not that they are very optimistic about Facebook, but they are very optimistic about several major funds. With these big bosses around, they can rest assured and boldly follow in troubled waters.

  Some retail investors with a keen sense of smell have also entered the market. Whether this year's Christmas can be a decent one depends on this one.

  The story has developed here, and everyone can see that there are big bosses who want to hunt shorts.

  When all these shorts fall, a large number of buy orders will be released, and Facebook stock price may rise to the sky.

   After a large group of fresh troops joined, the stock price that had just broken through $50 had no time to breathe, and was immediately pushed up to $55, getting closer and closer to the $60 mark.

  …

  …

   Just as the bulls were celebrating, Li Yikai, the big bear, hid in the hotel alone and shivered.

   Watching the stock price on the computer approaching the $60 mark, Li Yikai felt a biting chill.

   His $2 billion guarantee has been smashed into it!

   If he hadn't been begging his father to transfer another $2 billion to his margin account a few days ago, he would have been liquidated by now.

   Before and after, he invested a total of 4 billion US dollars in security.

  The short position did not dare to increase, and the volume remained unchanged at 5 billion US dollars.

   In other words, his current investment leverage has been reduced from 3 times to 1.25 times, and he can theoretically withstand a stock price increase of up to 80%.

   He established short positions in two batches. The positions were opened at USD 30 and USD 40, and the average opening price was USD 35.

  $35 multiplied by 80% of the stock price increase, equal to $63. If the stock price exceeds this number, the position will be liquidated without a margin call.

   Half an hour ago, the brokers UBS and Bank of America Merrill Lynch had given him an ultimatum. If no new margin is added to the account, the Facebook stock price will be forced to liquidate if it exceeds $60.

   sounds a bit inhumane, but in fact, several investment banks have given Li Yikai preferential treatment in the face of Li Huangtai.

   After the stock price breaks through $60, it may only break through $63 in the blink of an eye. By then, the broker will buy enough stocks to close the position, and the cost will be far more than the $4 billion margin.

   It is impossible for brokers to pay for the extra cost of closing positions, and they can only claim from investors.

   However, the claim has to go through the process, and various complex factors such as investor bankruptcy must also be considered, so brokers generally do very strict risk control, and also set up a forced liquidation line.

   Fortunately, Li Yikai has a good father, otherwise UBS and Bank of America Merrill Lynch might have liquidated him when Facebook's stock price broke through $55.

   But the preferential treatment given by several brokers did not make Li Yikai feel any relief.

   At this moment, he no longer dared to ask his father for help. The $4 billion was in his hands, and he was almost wiped out in less than half a month.

   In terms of the speed of losing his family, he may have set a new record for the children of Hong Kong's wealthy.

   Just when Li Yikai was confused and didn't know where he was going, the doorbell of the room was suddenly rang.

   "Ding dong ~ ding dong ~"

  The doorbell rang for a full two minutes before Li Yikai got up with blank eyes, and then staggered to the door like a stiff walking corpse, and opened the door.

   "Clap~"

   As soon as the door was opened, a loud slap slapped Li Yikai in the face.

   The refrigerator at home ignited spontaneously, and the sofa was set on fire. I was in a hurry. I haven't finished writing, and there are a few hundred words. I will post it first and then change it. Sorry for the inconvenience.

   (end of this chapter)