“Breaking news, just now, the governor of Qin Province personally led a team to Chang’an International Airport and took Li Zehua away.
It is said that his legs were weak when he got on the car, and he was suspected to be detained. The person in charge of the Six Gates of the province personally escorted him with weapons. "
“Good news, the spot price of gold fell below $1200, and it is suspected that the main long positions were closed and cashed out, and the short side is gradually taking back the initiative.
However, Mr. Ning did not give a specific answer as to whether he would continue to increase leverage and short sell. "
“Second- and third-tier home appliance manufacturers that have cooperated with Pinxixi are trying to get information through various channels, and it is understood that someone has already reported the case to the Liushenmen Economic Investigation Department.
The Six Gates of Magic City are looking for Mr. Fang to verify the issue. According to the news from Zhongxin, the risk control departments of Bank of China and Industrial and Commercial Bank of China are considering freezing the accounts of the agency sales companies.
A letter was sent to Bank of China Hong Kong, requesting the freezing of Fang’s overseas accounts.
Fake Medicine stopped listening to the information coming from all parties, frowning. The urgent matter now is how to make up for the losses. A large part of these funds came from Young Master Ning through private channels.
The money was borrowed directly from the overseas account of a collective enterprise, and it was originally agreed that it would be repaid with profits within a month. Now, I have lost everything and have to pay with my life.
It is almost June and they don’t have much time left. If they fail to plug the loopholes before the semi-annual audit, it will lead to particularly serious consequences.
As for the huge losses caused by Fang Guohui's misappropriation of funds, it was not within his consideration.
Fortunately, Li Zehua was taken away, which made him happy. The main goal was achieved, and no matter how much loss he suffered now, it was worth it.
Through his network of contacts, Mr. Ning gradually found out that Qingyun Group held more short options. The losses from the short gold positions held by Bank of China and Industrial and Commercial Bank of China alone exceeded 30 million US dollars.
Don’t be fooled by the apparent loss of only US$17.5 billion; the actual amount of the loss is unknown.
What is certain now is that Qingyun Investment has suffered heavy losses in this wave, not only losing its previous profits but also suffering a lot of additional losses.
So much so that Li Zehua wanted to escape through Chang'an as an external channel, but he failed to run away because of all his tricks.
"Lao Xu, this time you have to step in and mobilize enough funds to fill the gap."
Fake Yaoting regained his composure and began to brainwash Brother Belt, "Don't worry, as long as you get through this difficult time, Master Ning will not treat you unfairly."
"Boss, you think too highly of me. Even if it's 3 million RMB, I can't come up with it in a short time, let alone 3 million US dollars."
Brother Belt frowned and spread his hands, "Before you asked me to raise money, I mortgaged my overseas properties and barely raised 1.5 million US dollars. Now the loss is more than 6000 million.
I don’t even know where to start looking for compensation.”
It is really difficult for him, because the mortgaged property nominally belongs to him, but in reality it is held on behalf of others. If there is any problem, he may even lose his skin.
"Haha, Lao Xu, you can fool others but you can't fool me. 3 million US dollars is nothing to you."
Following Mr. Ning's instructions, the fake medicine stopped tricking him little by little, "As long as you are willing to pay the money, you will get 20% of the land in Pudong owned by Qingyun and Yida after the deal is done.
The Internet gambling sales license I promised you before will still count, how about that? "
Brother Belt didn't believe it at all and refused to give in no matter what the fake medicine stopped him. Finally, he had no choice but to bring out the trump card given by Master Ning and asked someone to call Brother Belt.
I don't know what was said on the phone, but after Brother Belt's face turned pale, he said, "Words are not enough. I want to see tangible guarantees."
They didn't dare to push him too far to stop the fake medicine. After all, the person behind him was not someone who could be manipulated at will. They could only bite the bullet and use the shares of Lay's as a guarantee.
When he signed, his heart was bleeding, and at the same time he hated Fang Guohui to the core. If this guy hadn't made such a solemn promise, how could he have lost so much?
"Boss Jia, don't blame me for not making it clear in advance. This $300 million is just a temporary loan, for two months at most. You have to help me arrange for the bank to lend it to me again."
Brother Belt looked painful, “The deal was not completed until I got the shares of the Pudong land and the Internet gaming license.
Otherwise you will have to pay off your debt with half of Leshi.
In addition, you will have to bear the interest..."
Fake Medicine Stop said unhappily: "Okay, okay, go get the money."
Fang Guohui, who was ignored at the side, could no longer hold back, "Boss Fake, what should I do?"
So after all this talk, no one helped him?
"You still have the nerve to say that. If it weren't for you, everyone would have made a lot of money a long time ago."
Brother Belt was furious when he heard this, and wanted to slap him to death, "You bought the full set of data, and said you would give me $50, but later you only gave me $30.
The guy didn't receive the final payment, so he ran to Goldman Sachs and sold the Qingyun Investment position information again, which caused Goldman Sachs to enter the market early and go long.
Their goal was to attack Qingyun Investment’s short positions in preparation for a packaged acquisition of Pinxixi, but they ended up taking us away in the process.”
"What does this have to do with me? We agreed that both companies would pay for the information. I paid at least 30 yuan. What about your share?"
Fang Guohui was so angry that he went up to fight with the belt, "It's you, you bastard, who went back on your word and caused me to lose so much~
Damn, I will fight you to the death."
Goldman Sachs made a fortune from its long position this time, and after closing its positions, it did not forget to reveal the details of its layout to this side, saying that everything was a misunderstanding and that their target was Qingyun.
As for compensation for accidentally injuring friendly forces?
Sorry, I earned it through my own ability, why should I lose it?
It would be polite if they could explain it to you. Most people would be too lazy to even bother talking to them. Anyway, financial speculation depends on one's own ability. At worst, they can just take over the attack on Goldman Sachs next time.
Under continued high pressure and facing the fate of being abandoned, Fang Guohui collapsed when he learned of this black humor. He could no longer bear it and pounced on the belt to fight to the death.
Brother Belt was not paying attention for a moment and was hit in the eye by a turtle punch. In pain, he rolled and crawled out. Fang Guohui chased him closely, as if he wanted to drag him to death together.
The situation became chaotic for a while.
Fortunately, Brother Belt was well aware of the dangers of society, so he did not forget to bring two personal security guards with him when he went out. He ran out and immediately called them up to start a good attack on Fang Guohui.
"Beat him, if he dies, it's mine."
The security guard, who received the signal from Brother Belt, struck hard, making the latter cry for his parents.
The fake medicine was a headache for him, and he wanted to borrow Brother Dai's help to get rid of this hidden danger. However, Master Ning said that he had to empty Fang Guohui's last penny to make up for the loss.
For example, the tens of millions of dollars left in his account is a huge sum of money, and he must find a way to get it.
Thinking of this, Fake Medicine Stop had to come out to stop this farce, "Lao Xu, give me some face, let it go."
As she said this, she gave him a look and gesture with her mouth.
Belt saw him counting the money and understood immediately. He then asked the security guard to stop and said with his hands covering his eyes, "Okay, I'll give the fake CEO some face. Mr. Fang, remember this matter today. It's not over yet!"
I have never been beaten like this in my life, but for the sake of money, I endured it temporarily.
After he left, Fake Medicine stopped waving away the crowd that was watching the fun, helped Fang Guohui up, and said angrily: "You know how ruthless Old Xu is, and you've offended him this time~"
Before he could finish his words, Fang Guohui interrupted him angrily, "I've offended you, I'm already like this anyway.
Also, don't pretend to be a good person. You want the money in my account? No way. If you have the ability, go find MoTou or Mingri and see if they are willing to help you."
At this time, Fang Guohui risked his life, "I have only one life left, and I will not survive if I make such a big hole, but don't forget, the control of the account is still in my hands.
As long as I can fill the vacancies, I'll be in jail for a few years at best."
Then he took out his phone and dialed a number. "Short all for me. Goldman Sachs has left the market. There is no hope for long positions. Max out the leverage for me."
Fake Yaoting was almost going crazy, and rushed forward to try to snatch his phone, but Fang Guohui was faster, and he smashed the Panda phone to the ground, not satisfied, and stomped on it a few more times.
He took out the SIM card again and broke it with force.
"Haha, the operation team only answers this number. Now it's gone. At worst, I'll lose everything. I won't survive anyway."
Not all mobile phones in this world can crack walnuts. When Qingyun Electronics developed the Panda series, it never considered whether its own mobile phones could withstand violent disassembly.
What’s more, without the SIM card, there is no chance to stop the counterfeit drugs.
"Why are you doing this? It's not too late to stop now."
"And then what? Are you going to continue to let me be your scapegoat?"
Fang Guohui sneered, "When we make money, I take the least, and I take all the blame.
When I make money from gold, no one says anything, but when I lose money, it's all my fault. I understand that I don't get any of the benefits anyway.
In this case, let's not cooperate anymore. Let's just slap each other and kill me at worst." "You're looking for death!"
Fake Medicine Stop was furious, "Do you really think you can control it? I'm afraid you're overthinking it. The operation team you can control can also give orders to those people.
I'll call them right now, just wait, you can survive this time, but not only you will go down, but your whole family will suffer with you."
As he said this, he took out his cell phone and was about to make a call.
Fang Guohui then realized that it was all over. He had been overwhelmed by the repeated huge blows and had forgotten that he had a family.
His death doesn't matter, but what about the tragic ending his family will soon face?
Thinking of this, he shuddered and was about to beg for mercy.
Maybe it was his destiny, as he suddenly heard a commotion in the operation hall.
"It's falling, it's falling. Fortunately, I still have a tail position, which has recovered a lot of losses."
Soon after, someone came out to announce the good news, "Boss, the gold price has fallen to 1190, and it is still falling. It seems that the short-sellers have reached a consensus, and the main international hot money has entered the market to short."
The international gold price on the last delivery day of May was as exciting as a roller coaster ride. First, Europe and the United States opened, and within half an hour, Squid Capital, led by Goldman Sachs, rose.
Taking advantage of the collective leaks from senior officials of the five European pig countries and the support of the Federal Reserve, large funds were used to enter the market in line with the general trend and the market rose by 9%.
Afterwards, the price fluctuated sideways at $1200 for nearly twelve hours. Both the bulls and the bears invested a lot of money in a bloody battle, until Goldman Sachs had its fill and chose to close its positions and leave with a profit.
The short sellers then breathed a sigh of relief and took advantage of the situation to push the gold price down from 1,200 yuan. No one knew whether there were too many capitals turning to short selling in an attempt to reap the profits repeatedly.
In short, a dramatic scene occurred. Just after the fake drugs were stopped and they chose to cut their losses and leave the market, the price of gold began to fall.
Looking at the trend of gold prices, Fake Medicine's heart was bleeding. "Damn, if I hold on a little longer, wouldn't I have to lose so much?"
The borrowed chief analyst smiled bitterly and said, "It's impossible. Even though the scale of funds traded this morning was as high as one trillion US dollars, the actual amount of capital, excluding leverage, is less than 100 billion.
At that time, our holdings of capital plus floating profits amounted to 5 billion, and together with Qingyun’s holdings, it accounted for at least % of the market’s short positions, making us the absolute main force of the short position.
There is a saying in the market that shorts will not die, and longs will not stop. If we don’t sell at a loss, the bulls can even push the price of gold to the sky.”
Fake Medicine was upset after hearing this. "Alright, stop talking nonsense. Just tell me, can I make back my money by short selling now?"
The chief analyst made a professional judgment, "Well, based on the current market trend and the short sellers' operations..."
The fake drug market is hesitant. Should it continue to try to make a comeback, or should it bite the bullet and admit defeat?
He was very confused, and there was a hidden impulse in his heart. After all, he had just signed a guarantee for Brother Dai, and if any accident occurred in the future, Lay's would have to compensate for the corresponding shares.
What if it is true as analysts said that the market overreacted in the morning, causing a stampede, and now it is recovering?
He was thinking seriously and didn't even know when Fang Guohui would leave...
"Damn it, luckily I was smart and went short at 1200. Now it's dropped to 1185, I finally made some money back."
After going downstairs, Fang Guohui did not run around, but immediately went to a business office to replace his phone card because he felt he was fine again.
When he called several investment companies to explain the situation, the investors did not make things difficult for him as he had the hope of making back his investment by short selling.
After all, letting him die won't help recover the losses, and keeping him will at least give us someone to take the blame. It's also good to be able to steal more than 10 billion RMB from Qingyun Group.
Fang Guohui miraculously managed to save his life temporarily, and he dreamed that the price would continue to fall. As long as it fell another 30 US dollars, he could make back all his losses with full leverage this time...
"No way, I even thought they would wait for a few days before continuing to enter the field. Are they so fearless?"
Li Zehua was in the Qin Province Governor's Office and took time to reply, "Now the gold price has fallen to 1182, and the trading volume has obviously increased, according to the information collected.
A new financial tragedy is brewing. Lao Lin, you must fly to Lijiapo immediately today. I need $50 billion in emergency funding support. "
Lin Wenhui replied with a string of ellipsis marks, and then said, "Boss, quit while you're ahead! I still want to live a few more years."
"What are you afraid of? Fortune and wealth are found in danger!"
Li Zehua started preparing for gold futures the day he decided to do it. Was it an off-market trick?
He can too!
While the whole world was watching the movements of the PIIGS, he had already sent people to keep an eye on the major banks in Paris, Frankfurt and London a month or two in advance.
Because they hold a large number of swap agreements and various government bonds, the scale is staggering, and now this bomb is about to explode.
As someone who came back from the future, he knows better than anyone else.
That is Europe's financial industry, which is the most critical link in this crisis.
Save the economy or save yourself?
To save themselves, they have to throw away the burden and let the market slowly digest the risks. This process is very slow, but they have to take this path.
Now Qingyun has sent people to the door, willing to take over the government bonds of the five PIIGS countries and place larger orders in exchange for their tacit support. Is that not too much?
Saving the economy, are you kidding?
Who will replenish the required liquidity?
The University of the East might be able to do so, but the problem is that the United States will not allow it, and the European debt crisis itself was caused by Germany and France taking advantage of their economic expansion to engage in unequal trade.
The long-term trade deficit has forced the PIIGS and other Eastern European countries to continue to provide blood transfusions to Germany and France. In the process, the financial and banking industries of the two countries have also learned from the Americans to mess around.
As long as they can make money, they can even sell their souls. The financial groups of Germany, France and Britain use their market dominance and cooperate with Squid Capital to carry out precise harvesting of these countries.
Little do they know that while the mantis stalks the cicada, the oriole is behind. The appetite of Squid Capital is obviously even bigger. They are not satisfied with just the five PIIGS countries. They are targeting the whole of Europe.
With Dai Ying, the troublemaker, leading the way, the financial industries of Germany and France can no longer withstand the pressure. Even BNP Paribas and Deutsche Bank are almost unable to hold on.
What Li Zehua has to do is very simple, which is to arrange someone to break this window paper and cause the market to fall into greater panic.
Unfortunately, he does not have a powerful weapon of public opinion at the moment, otherwise, with the inside information, he can guarantee to drive away the short sellers in one go.
After finding this, he could only call the owner of Mei Zhuang in front of Secretary Zhao of Qin Province, hoping to use his connections to win over a faction within Goldman Sachs to participate.
There is no single dominant company within the huge Goldman Sachs. The competition between departments representing the interests of various shareholders is far more brutal than outsiders imagine.
It is common for Department A to set up a trap to frame Department B, forcing the head of the other department to jump off a building or into a river. It seems like the left hand is fighting the right hand, but in fact it is a struggle for greater voice. This kind of thing is common in Goldman Sachs.
The words of the owner of Plum Manor are quite interesting, "Why should I help you fight your own people?"
"Putting aside the expenses, according to the pre-planned profit distribution, the total profit attributable to you is 6 million US dollars, and Boss Xu only lost 6000 million. Isn't ten times the profit enough?"
Interests are always the fastest way to impress people.
No matter how stubborn Li Zehua was, he did not dare to go to war with three parties at the same time. The owner of Mei Manor gave him a priceless manor villa and helped Qingyun Group expand in eastern Guangdong.
The interests of both parties are currently converging. As for Brother Belt trying to cheat him over the gambling license, that is another matter. Even the owner of Mei Manor cannot control everyone's thoughts.
Sure enough, after hearing the specific benefits, the other party agreed immediately and asked him to wait for good news.
Secretary Zhao was upset when he heard this. "Mr. Li is really rich! $6 million is equivalent to all the foreign investment actually used by Qin Province this year."
This is considered a polite statement. In fact, in the first five months of 2010, Qin Province actually used less than US$6 million in foreign capital.
"Secretary Zhao, please don't flatter me. This money is not mine."
Li Zehua quickly begged for mercy, "I'm just keeping it for you."
"Mr. Li, don't be too modest. It is extremely rare for you to have such a large amount of funds, even if you look at the world.
Not to mention that in just over a year, he started from scratch and built Qingyun Group to such a huge scale. It is not an exaggeration to praise him as a genius. "
Secretary Zhao thought to himself that he had led a team to Shanghai to attend the World Expo, but had not yet raised $1 million in investment in half a month, and now you have run to Chang'an to walk into a trap without leaving anything behind.
You can't explain everything inside and out, right?
Li Zehua thought he was done. With such a grand reception at the airport and the other party even having to put on a show, it would be unjustifiable if he didn't pay some money.
He just said some polite words, and after praising for a while, he gave his own conditions: "In fact, the group and Qin Province have a good cooperation foundation in agriculture.
For example, the famous Qin Province Bluegrass Apple is the group's main agricultural project. In front of Mr. Shu, I will invest another 1 million RMB to support Qin Province's characteristic agricultural planting. "
Secretary Zhao shook his head, "Not enough." (End of this chapter)