“You know what, this guy is really good at what he does. Not only is he good at doing business, but he also does finance as easily as picking up money.
However, the more this happens, the more we must seize control of Qingyun Group. I will arrange the license issue. The Shanghai side has only compromised temporarily. If we delay any further, there will be more trouble.
As for how to drag him into the water, it is better to let Xiaohui take charge. He did a good job this time and deserves a reward. "
hang up the phone.
I was so happy that the fake medicine stopped.
Brother Belt celebrated.
Fang Guohui shook off his previous dejection and a happy smile appeared on his face.
You make money, and more than a little bit.
Short selling, of course you have to short sell. The price of gold has skyrocketed from $07 at the end of 800 to $1250 per ounce. Analysts from various countries generally believe that it has reached its peak.
The University of Tokyo was also taking practical actions to rescue Europe, providing more than 10 billion in low-interest loans to Hillary Clinton alone. However, no one thought at the time that these countries were beyond help.
Just as Li Zehua expected, after Goldman Sachs and JPMorgan Chase acquired shares in Pinxixi local life service company, they sent people to the finance and audit departments as usual.
During this process, the Compliance Supervision Department was authorized to reveal to them the details of the acquisition cases involving insider trading.
Foreign capital came forward to uncover the inside story in order to avoid a direct conflict between the Qingyun Group and the forces behind Fang Guohui. This involves the transfer of hundreds of millions of dollars in interests, and foreign capital certainly does not want to suffer in silence.
Now it's Fang Guohui's turn to be in trouble. Is this a joke? He didn't take the money alone. Asking him to take full responsibility now is too self-righteous.
Taking the acquisition of a group buying website as an example, the cost of advertising, packaging of various operating flow data, rent and personnel expenses was 80 yuan.
The purchase price was 600 million. After deducting various taxes and fees, there was a net profit of more than 400 million. He only got 20, less than 5%.
Of course, a little bit adds up to a lot. If one family contributes 100,000 or 200,000 yuan, then 20 to 30 families can accumulate enough to buy a house in the center of Shanghai.
Now that foreign capital has taken the lead in investigating past acquisitions and wants to hold relevant personnel accountable, he will be the first to bear the brunt and cannot escape, because the acquisitions at that time were basically made with commercial bank loans.
At that time, a group buying platform merger and acquisition working group was specially established, and he was one of its members. In addition, Sun Tongyu's work focus was on rural e-commerce, and he only took charge of the management of group buying.
Fang Guohui, who is backed by Magic Investment, Tomorrow and Gaoling Capital, feels like a fish in water after joining the working group.
In addition, when it comes to acquisitions that are purely capital-operated, he has a lot of say. He has the final say on who to acquire, how much to spend, and when connecting with banks, which companies to give priority to in lending.
Taking advantage of this identity, he gave rewards to his supporters crazily during that period, and he also received a lot of money himself, in addition to the two businesses of bank loans and bond issuance by financial institutions.
In just less than a year, he used the resources of Qingyun Group to make a huge profit of more than 30 million for himself, and also received millions in salary, bonuses, and company stock option rewards.
As for the more than 200 million yuan lost by the group, they don’t care. Being able to put the money in their own pockets is a victory.
Now the group has started an investigation, following the clues, and has turned over the accounts of the agency sales company. It has been found that the mortgage loans at banks and financial institutions exceed 10 billion, and there are signs of accountability.
In order to protect himself, Fang Guohui could only try his best to delay the investigation and constantly ask for help from those behind him, hoping that someone could help him get through safely.
However, this is the reality of the world. When dividing the money, everyone is on good terms with each other, but once something goes wrong, he, the white glove, is the best scapegoat.
Big powers can compromise with foreign capital and give up some resources in exchange for the understanding and acquiescence of Goldman Sachs and Morgan, but Fang Guohui is not so lucky.
He did not play much of a role in the matter of the Internet gambling license, and also attracted Li Zehua's disgust and was put on ice. Even his business management rights of attracting investment to supermarkets and connecting with financial institutions were taken away from him.
He has completely lost his usefulness. Once the facts are verified, he will be the only one to bear the hole of several hundred million. The lightest consequence at the very least will be life imprisonment.
Fang Guohui, who was at his wit's end, decided not to sit still and wait for death. This time he set his sights on Qingyun Overseas Investment.
Only this business can change his destiny in a short period of time.
Once a person reaches a desperate situation, he will subconsciously seize all opportunities around him to save himself. Fang Guohui has been in this circle for so many years and has surpassed countless people to reach his current position.
His ability was unquestionable and he soon found a breakthrough. He once worked in the proprietary trading department of Zhongxin and later jumped to Qingyun Investment to become a middle-level manager in charge of overseas affairs.
After paying a high price, he successfully obtained the earnings report for April and the first week of May. The dazzling profit of 15 billion US dollars devoured his heart for a time.
"You complain about being poor every day, but now you're actually so rich. No wonder you don't care about the revenue from online sales of two-yuan coupons."
Fang Guohui was so jealous that he almost exploded. His first reaction was to follow the report and make an investment, but he quickly overturned this unrealistic idea.
Because the report did not include position balances and specific investment directions, and only knew about profits from gold and silver, even if he knew, he would not be qualified to participate.
My life is almost gone, what’s the use of taking money?
He then handed the document to his friends who were about to abandon him, hoping to prove the value of his existence.
$15 billion in 6 weeks!
Who doesn’t like this terrifying rate of return?
Even the people behind the fake medicine stop could not sit still and personally arranged people to investigate. Somehow, they found out about Qingyun Great Eastern Insurance.
Because the company behind it is OCBC Bank, and the securities firm under this bank is the main account opening bank for Qingyun Investment. Both Yuqing and Lijiaopo sent people to investigate.
Under the attack of the silver bullet that was always effective, someone soon couldn't resist the temptation and leaked the Qingyun Group's holdings and investment directions to them.
In May and June, they were bearish on a large scale and were suspected of holding large-scale bearish options (in order to find enough counterparties, Qingyun launched a hedge investment and would transfer the bearish options later.)
But they don't know that, considering the actual market situation, the gold price has been falling since it bottomed out and rebounded in early May, and the mainstream opinion in the world seems to be bearish.
Even old friends Goldman Sachs and Morgan have come out to express their firm bearish view on gold and said they can provide overseas investment channels.
They are hoping that someone will come in and short sell. If there is no suitable counterparty, who will they cut the leeks from?
By the way, I also got to know Qingyun’s secret positions. I almost woke up laughing in my dreams. I was so happy that I could swallow up billions of dollars of short positions in one gulp.
Among them, Goldman Sachs is the most active one, because they know the inside story of European debt best. They are the ones who have been planning from beginning to end, and they are more confident about the future trend of gold prices.
Previously, hundreds of tons of spot gold bullish options suddenly appeared in Southeast Asia, which scared them. Now they sent people to investigate the inside story and suddenly found out the size of Qingyun's positions.
I now understand a little bit. It turns out that Qingyun Group is shorting in the futures market and going long in the spot market to hedge and balance the risks.
They are professionals when it comes to finance. They have immediately started targeting the Qingyun Group and are preparing a hunting plan. Do you think you can make money and protect your capital by being short on futures and long on spot?
You are still too young. Have you ever heard of the double-kill of missing out on futures and getting your position liquidated, and the high spot price supporting the bottom?
Let’s not talk about Goldman Sachs’ plan for now. In short, these people who are involved in the fake drug suspension are fooling people. No matter from which aspects the information collected is from, it all proves the general trend of a downward trend in gold prices in May.
In addition to the stimulus of Qingyun Group's tens of billions of profits, Fake Medicine Stop raised $500 million to $600 million through various channels, and re-mortgaged the shares of the sales agency company that cooperated with Pinxixi's e-commerce.
Use Goldman Sachs' channels to send it overseas and participate in short-selling gold investment.
They were lucky and had a very good timing to enter the market. Goldman Sachs also cooperated to provide cover and arranged for the main funds to make a small pull-up at this time to test the market's reaction and the scale of short-selling funds.
Li Zehua was certainly not afraid, and immediately arranged to invest all the floating profits from various channels into the fund, in order to push down the current gold price which had risen to $1180.
In addition, with Sheila receiving sufficient rescue funds and the situation gradually stabilizing, international hot money generally believes that gold is struggling to rise and is about to enter a downward phase.
Under this consensus, it seems inevitable that gold prices will start to fall.
A group of people benefited from the suspension of counterfeit drugs and made a lot of money. They placed short orders at the price of 1170-1180 and enjoyed the paper profits brought by the decline in gold prices.
As of two days before the delivery date of the late May futures contract, the price of gold had fluctuated around $1100, and the profit of the account controlled by Fang Guohui alone was more than $5000 million.
"We have succeeded this time, and the higher-ups will reward you with a generous share. Mr. Fang, you have done a great job. If you hadn't gotten the information about Qingyun's holdings and investment direction, we would have had no chance to participate in this feast of wealth.
Even if there is, they would not dare to invest so much, let alone make hundreds of millions of dollars.”
He was so happy when the fake medicine was stopped this month. He never thought that making money could be so easy. All he needed was a word and watching others move a few fingers, and it would be like picking up money.
The numbers in the account are increasing every day when I open my eyes, with huge profits of millions or even tens of millions of dollars.
Brother Belt smiled brightly because he had a share of the money earned. He patted Fang Guohui on the shoulder and encouraged him, "Don't worry, the higher-ups have agreed to negotiate with Goldman Sachs.
Use the bargaining chip of entrusting Goldman Sachs to manage the subsequent overseas funds in exchange for not pursuing you. Then throw a few scapegoats out and let them take the blame for everything.
But speaking of it, now that I can make money through the financial market, I am not very interested in selling houses and cannibalizing Qingyun Group’s business. "
Fang Guohui was not in a position to respond because his status was not high enough.
Fake Medicine stopped and shook his head, saying, "This is just the beginning, the decline is not even 10%, and the funds have not doubled yet.
And if we use the gambling license to drag that person into the water, and then control the entire Qingyun Group, even if many businesses have to be split off to others, the remaining profits will be at least more than 10 billion US dollars. "
"So many?"
Brother Belt was stunned. He didn't know much about the Qingyun Group. He thought that the other party was just like him, mainly relying on loans and not having many actual industries.
In fact, when Hengtai as a whole later had trillions of debts, he could not get much, because every penny had been circulating in the project in the early stage, and there were too many people who wanted dividends.
It was not until later that the company cashed out its stocks and made profits from overseas investments, and its own funds barely reached a scale of 100 billion yuan, but the unit was still RMB.
There is a huge gap between the nominal net worth and the actual net assets held by an individual.
"It's more than enough. We previously thought he borrowed the money through special channels, but now we understand that he has been providing blood transfusions to the entire group through the financial market."
Fang Guohui pondered for a moment, "At the end of March, the company issued an additional bonus to all employees. At that time, I was wondering how hundreds of millions of funds could be distributed so easily.
I only recently found out that he made the profit by going long on Chinese concept stocks. At the time, the entire core management of the company knew about it, but we were the only ones who were kept in the dark about the exact amount of profit. "
At this point, he showed a look of resentment on his face, "From the beginning, he was on guard against me. The other directors all joined the group's decision-making committee, but I didn't."
"Don't worry, we will definitely work together to push you up this time."
The cessation of the fake medicine gave him a reassurance, "Have you seen the scale of the investment this time? It's not just us, there are also venture capital institutions that indirectly hold shares of Qingyun Group involved.
Li Zehua eats all the food by himself and refuses to let go of Qingyun Investment's shares, but he doesn't know that this is the way to his death. A person who eats all the food by himself is the most hated. "
Brother Belt listened to this with a smile and waved his hand, "Let's not talk about this on a happy day. Come on, I have specially prepared some new dishes to entertain you two today."
"Then you have to taste it."
Fake Medicine stopped laughing, arranged for his men to keep an eye on the positions, and then went out to relax...
But it was too early for them to be happy, because Goldman Sachs, together with a large number of financial giants, had already launched a secret operation, preparing to teach all short-selling players a lesson as the last delivery date in May approached.
A painful lesson that will be unforgettable for a lifetime and may even send many people to the brink of death.
In the early morning of Yanjing time, around 16: local time in Europe, Hillary was the first to come out and make a statement, saying that the first batch of tens of billions of euros of support obtained by the country could not cover all debts.
We are considering discussing with bond holders and negotiating on key issues such as debt relief and extension.
It then expressed regret that the internal resolution on a package of public spending cuts might not be able to proceed smoothly due to too much opposition, and we deeply regret this.
In a word, Ou Meng's aid funds are far from enough to repay the current debts, and it is not so easy for us to cut internal spending. All parties disagree.
We had no choice but to give up completely.
Later, Italy, Portugal, Ireland and the four countries also stood up and said that their financial departments had accidentally filled in the wrong decimal point when compiling the statistics.
It's not a big problem, don't panic. We can make a slight correction now. Previously, we thought that 100 billion euros was enough to get rid of the debt crisis, but now moving the decimal point back a little bit can solve the problem.
This is simply ridiculous. Before Ou Meng rescued Sheila, it would not be a problem for the four countries to speak with one voice, and it was within a controllable range.
After Ou Meng passed a package of rescue plans, everyone saw that the market reaction did not seem as intense as they had imagined, so they started to act coyly and pretentiously, releasing news like squeezing toothpaste.
Now with Goldman Sachs whipping them from behind, they have already made arrangements and are ready to pull off a triple kill in gold futures, foreign exchange markets and debt markets.
Various top-secret documents and fatal evidence were thrown out without paying, forcing the bigwigs of the four countries to compromise and publicly speak to the market at the same time.
Soon after, the Federal Reserve also joined in the fun, saying it would not change the zero interest rate policy it had maintained since the 08 financial crisis.
What do you mean?
It is to tell all investors that there are no good investment opportunities in America, so please do whatever you want.
The financial market was in an uproar. So it seemed like everything before was just a show, right?
Now seeing Ou Meng paying for the rescue, he thought he had found a backer and could rest easy, but faced with the naked threat from Squid Capital, he didn't even bother to cover up and just laid low?
It caused a huge stir in an instant. Through the convenient information dissemination of the Internet, this news instantly crossed the ocean and reached every corner of the world.
The most direct feedback from this impact is that the euro exchange rate against the US dollar has plummeted, and the government bond yields in Europe, especially the PIIGS countries, have skyrocketed because everyone is desperately selling.
Selling European bonds and buying US bonds to protect capital has become a trend. Since no one is interested in the sold European bonds, countries are forced to increase the face interest rate and pay more interest to attract gamblers to take over.
There is always a lot of stubborn people in this world who want to take a gamble on Ou Meng's credit. What if he can overcome the crisis and repay the principal and interest of the debt on time?
There are also some groups that know the results in advance and are frantically reaping the benefits, such as Squid Capital. Even if Ou Meng wants to default on his debt, it will use its fist to remind him at the critical moment.
For example, those secret accounts controlled by the Qingyun Group that have never been exposed are also frantically buying European debt contracts, especially the five-year and ten-year debts that are about to expire in the next two years.
As we all know, when an economic crisis begins in a country, the earlier the bonds mature, the greater the chance of default, because there is no liquidity to replenish them.
For example, the Irish government bonds only had a yield of a few percentage points before the crisis began, and could not even keep up with the rate of inflation. However, as the crisis spread, its interest rate once approached 10%.
Not only that, there are still a large number of people in the market selling it at a discount. The original face value of 10 euros is now only 9 euros. After maturity, the direct income is 8 euros, which is a huge profit.
You can’t suffer a loss or be cheated for 98,000 yuan, so don’t miss it if you pass by.
But who will buy it at this time?
Even if we buy it and then go to a financial institution to buy a debt default risk swap agreement, there is no guarantee that we can get compensation, because Sheila will jump out and say that we will not pay this little money either.
The market was frightened, resulting in a tragic stampede.
The performance of the gold market was even more brutal. Within just a few minutes of the public call, a huge amount of funds entered the market and went long.
The short sellers were stunned for a moment, and could only watch the gold price being pulled out in a straight line...
When his subordinates, regardless of the occasion, rushed straight into the scene where children were having fun and told the bosses about the horrific situation.
The fake medicine stopped and the voice changed, "Close the position quickly!" (End of this chapter)