Chapter 412: Li Zehua, I'm not done with you

Fang Guohui is gone, it was his own fault!
It is said that he walked with his hands and feet tied by himself, and before jumping from the top floor, he performed a cruel performance art on himself.

In short, when Li Zehua saw him in the photo again, even his head was covered with mosaics. If it weren't for the text, he would not have been able to recognize who he was at all.

When the news came in, Wang Fei was standing next to him and asked, "Chairman, do you think the company should issue a notice to clarify this?"

“No need. We fired him the day before yesterday and have already informed our partners. It’s enough for a small group of people to know about this.

The company is not a listed company and is not required to disclose changes in senior management positions.”

Li Zehua put down his phone and said, "Follow the company's procedures, send a letter of condolence to his family. Also, send 1 yuan in my personal name."

After saying that, he muttered quietly, "It's so easy to die, it's a bargain for you."

After Fang Guohui's death, the tens of billions of yuan he had loaned out through the sales agency were completely lost and could never be recovered.

It has nothing to do with Li Zehua. The company is not his. The debt is borne jointly by the shareholders. As for the money, it was lost in the futures market and Qingyun Investment earned it through reasonable and legal means.

No one can be held responsible...

The cause of the incident has to start from the May gold futures delivery date.

When the stock price soared 9% in a single day, the short-selling account controlled by Fang Guohui suffered huge losses. The more than 5000 million US dollars in profits earned from short-selling over a dozen trading days were not enough to fill it all in.

Eventually, unable to withstand the repeated sideways movement and with no hope of making back their investment, they were forced to close their positions at a loss, resulting in a loss of more than $4000 million.

Even if the counterfeit drugs are discontinued, Brother Belt can make up for his losses by continuing to mortgage high-quality assets and using his connections to obtain a US dollar loan as soon as possible to make up for the losses in his account.

Fang Guohui was not so lucky. He sought help everywhere, but the investors who once welcomed him with a smile now changed their attitude and started cursing at him.

Some of the big guys celebrated with champagne at halftime, but now they have been slapped in the face and their expected profits have gone down the drain, and you still want them to take out money to fill the hole?
Dreaming!
Not sending Fang Guohui to the land reclamation project right away can be considered as showing mercy.

He was in despair at the time and was willing to fight with Brother Daizi. It was only when Fake Yaoting stepped in to mediate that he was able to save his life.

But when he thought of the tragic ending that was about to happen, Fang Guohui trembled with fear. He didn't want to die, and he didn't want to die in such a cowardly way.

He decided to take a risk and gamble. After all, losing 4000 million US dollars is almost the same as losing 1.3 million US dollars. Death is inevitable in both cases. It is just the difference between the eighteenth level and the seventeenth level of hell.

Don’t ask why he mortgaged more than 13 billion RMB to the bank several times and only got 1.3 million US dollars in exchange. The reason is that the overseas transaction fees are too expensive. The investment institutions that support him will never admit it.

Part of the borrowed money has been taken away by them in advance, and is it still possible?

If you borrowed it with your own ability, why should you pay it back?
Fang Guohui was also lucky. His desperate move happened to coincide with the market recovery. He rushed in with full position and full leverage, and actually made back a little profit.

Immediately afterwards, major European economies stepped forward to stabilize the market, the short sellers made a comeback, the long sellers cashed out and left the market, and the gold price once fell to US$1180.

Fang Guohui instantly saw hope of survival. He shorted the market at 1200 U.S. dollars and used a leverage of more than ten times. Theoretically, he could make back all his losses as long as the price fell to 1160.

Things turned out just as he expected. Squid Capital, led by Goldman Sachs and Morgan Stanley, took advantage of Ou Meng's external statement and made a profit from both the long and short sides.

On the delivery day, the price rose sharply in the early trading session, consuming a large wave of short positions. When the price reached $1200, a large number of international hot money heard the news and rushed into the market frantically to take over the orders. They took the opportunity to make a profit and leave.

While selling long positions to close them, Squid Capital quietly established short positions at $1200, despite the fact that the trading volume in this market easily exceeds one trillion US dollars.

But Goldman Sachs alone put out more than 60 billion US dollars and entered the market with the help of more than ten times leverage, which was definitely over 5% of the absolute main force. Together with other cooperating companies, they once controlled the initiative of the rise and fall of gold prices.

The remaining international hot money is only fit to become their bag holders, and the reason why the gold price fluctuates around $1200 is that they are making turnover transactions.

After the profits of the long orders held by Squid Capital were settled and the short positions were established, these big capitals with huge amounts of funds began to short sell frantically.

At one point, the gold price on the delivery day was pushed down to $1175 per ounce, but it could not be suppressed any further because it was impossible for major European economies to come up with a rescue plan in a short period of time.

The euro exchange rate fell sharply that day, the interest rate on Italian government bonds, a European member state, soared to 8.5% at one point, and the basis point of the credit default swap agreement rose to 700 basis points.

Still no one cared. Almost the whole world thought that Hillary had set a bad example. She didn't have to take responsibility for doing something wrong. She just had to say something like, "I'm going to cheat and renege on my debt."

Just lie down, leave the debt problem to Ou Meng and leave it alone.

Under such circumstances, international hot money voted with its feet. On the one hand, it sold stocks and bonds of European companies in large quantities, and on the other hand, it collectively poured into the gold futures market to go long.

Fortunately, there was Squid Capital doing reverse harvesting, otherwise the gold price that day might have doubled, not to mention 9%, creating the largest single-day increase in the history of the futures market.

On one side are the Sita Capital and Oumeng Blocking Capital who want to reap the profits in reverse, and on the other side are the international hot money who want to speculate and find a safe place to accommodate their funds.

Taking into account the huge amount of funds that went into off-market transactions on the black market, the bulls and bears engaged in a fierce battle around 1180, and the trading volume of gold futures on that day set a new historical record.

Seeing Fang Guohui making money by continuing to short sell, Fake Medicine Stop also became greedy. The account he controlled could not be closed quickly because he had to wait for Mr. Ning to discuss with the people behind him.

By this time, there was still some tail positions that had not been cleared, and the gold price began to fall, which made him hesitant for a while.

Should I take advantage of the price drop to recover my losses, or should I cut my losses and exit the market immediately?
Mr. Ning also couldn't understand the situation until he transferred his positions to the June market. The gold price showed signs of stabilizing and major economies all came out to say that the aftermath of the economic crisis was gradually subsiding.

When the economy showed clear signs of recovery and international hot money saw that there was no profit to be made and the desire to go long was no longer strong, the price of gold began to fall slowly again, falling by one or two dollars a day, with little fluctuation.

But at this time, it is no longer meaningful to participate in futures trading. Except for Fang Guohui's positions, which are only half way to recovering the investment, Fake Medicine Stopping and Brother Daizi only have a small amount of tail positions.

The recovery amount ranges from several million to tens of millions of dollars, which can only be considered a consolation prize.

When the investors behind Fang Guohui saw this, they no longer cared about continuing to sell him, and they all tried to interfere with Qingyun Group's investigation at the company's board meeting.

Because of Li Zehua's deliberate connivance, the resolution to expel Fang Guohui and hand the case over to the Six Gates for independent handling was not passed.

The Six Gates of Shanghai and the banks are also happy about this. It involves a loan of 13 billion RMB. If it is characterized as a bad result, it will be another scandal and many people will be held responsible for it.

The only ones who were hurt were the manufacturing factories whose acceptance bills were misappropriated, but now they can only hope for a miracle.

It is useless to contact Pinduoxi. Legally speaking, this matter has nothing to do with Pinduoxi. It was the manufacturer itself that was greedy for profit and signed a contract with the agency sales company established by Fang Guohui.

Entrusting the latter to provide interest subsidies for their acceptance bills, Fang Guohui promised to bear a 1% discount fee and take out part of the bridge and borrowing interest as additional profit sharing.

Seeing that it was profitable, these people were able to increase the cost of the products sold through the sales company, and then use a lot of marketing and sales expenses to reimburse them, in a disguised way poaching from their own factory.

The current situation has caused the factory’s capital chain to become strained or even broken. The fundamental reason is their excessive greed, and they cannot blame anyone else.

Li Zehua just went with the flow and gave them a ride.

Not only that, but after the incident, the first-tier manufacturers also called to question us. Li Dongsheng and Mr. Zhao from Changhong called to question us, and Ms. Dong and several others had similar opinions.

Tell Qingyun Group not to interfere in this matter.

Don't have unrealistic ideas, because they have all noticed Qingyun Group's private actions, wanting to take control of the shares by taking advantage of the difficulties faced by second- and third-tier manufacturers.

And then launch their own products to compete?
There are no doors.

As long as Qingyun Group dares to do so, they will join forces to cut off supply, even if it means sacrificing the entire township sales channel.

Everyone has a sales volume of tens of billions, but each company only makes tens of billions a year through the Pinxixi channel, which is less than 1/10.

Now is not the time for e-commerce channels to dominate the market as they will in the future. Pinxixi takes advantage of differences between towns and secretly sells across regions, causing constant complaints and protests from traditional channel dealers.

This has already annoyed the manufacturers, but because Pinxixi is an incremental market, everyone is relatively more tolerant, but not tearing each other apart does not mean that there are no opinions. It is necessary to take advantage of this incident to warn Pinxixi, which wants to set up its own business.

“These people must have communicated privately before making the call, but it seems that this plan is very difficult to implement, and it can be regarded as touching the sore spot of the manufacturing companies.

It looks like we have to use the second plan, where Qingyun uses cash and channels to invest in large home appliance companies so that everyone can share the profits.

As for these second- and third-tier manufacturers, we have to find a way to gain everyone’s understanding and buy them first to avoid missing out on opportunities.

At worst, these factories can be sold to first-tier manufacturers in the form of discounted shares in the future. The production bases, personnel and equipment will not be wasted and can be fully used to produce OEM products for Qingyun.

For example, we can take this opportunity to produce a series of products that are sold exclusively on e-commerce platforms, and realize omni-channel sales of Pinxixi online and offline, in towns and villages.”

Li Zehua did not force it. At the beginning of the plan, the group had an overall strategic plan, holding holding manufacturing enterprises to complete equipment upgrades and develop control chips for smart home appliances.

Improve the industrial ecological chain of WeChat micropayment, and by binding the various needs of consumers, make them inseparable from the Qingyun family bucket.

He had already thought of the names of the product series at the beginning: Qingyun Midea, Qingyun Gree, Qingyun TCL, Qingyun Changhong. Not to mention, these names are quite festive.

To this end, Sun Tongyu and Wang Xing personally led teams to various places to negotiate in person with manufacturing giants.

Li Zehua himself was negotiating with the Construction Governor's Office in the Western Regions Province.

During this process, he proposed leasing land at the division level for contracting, often requiring an area of ​​hundreds of thousands of square kilometers, which almost scared people to death.

Are you kidding? The entire Western Region Province is only over 200 million square kilometers, and some provinces in the eastern coastal areas are only tens of thousands of square kilometers. He wants to rent the land of a coastal province just by asking?
This incident directly alarmed Governor Zhang, who had just taken office for two months. He came out in person to take a look, and found that it was an old acquaintance.

The old friend who previously invested in Yida Commercial Plaza and built Xingcheng New Energy Industrial Park is here again. He is truly the God of Wealth!
Knowing each other, that's easy, just when the two guests and hosts were having a great time...

The international gold price has once again reached a historical turning point because the banking industry can no longer hold on.

Qingyun earned more than $40 billion from shorting and long positions in gold futures, plus $45 billion urgently borrowed from Lijiaopo (another $5 million was used to purchase hedging options and participate in futures).

Several companies controlled by Li Jiapo and Goldman Sachs commissioned BNP Paribas, Barclays, HSBC, Deutsche Bank and other banks to purchase bonds of the five PIIGS countries in exchange.

Goldman Sachs was the first to propose that they disclose their share of loans issued and other insider information involving the PIIGS countries.

At the beginning, these banks refused because although the interest rates of the government bonds of the five PIIGS countries have skyrocketed and the risks are extremely high, there are still people willing to take over.

If I reveal this top-secret information, I might get beaten up by Ou Meng.

But who is Goldman Sachs?
They are the number one gangsters in Financial Street!
There are so many companies that it can influence and control that it can pull out the world's three major rating agencies in a matter of minutes to lower the credit ratings of the above-mentioned banks.

The public reason is that commercial loans to the five PIIGS countries involve uncontrollable risks and the amounts are huge. Once a default occurs, these banks are likely to become insolvent.

For a while, the market was in an uproar, and many people came out to question what was going on.

Everyone, including BNP Paribas, is going crazy. What a joke! How are they supposed to respond?

It is said that Ou Meng will definitely come to the rescue. Do the five PIIGS countries have the money to repay their debts?
That would be sending the European economy to hell, because the above-mentioned countries owe them debts of more than one trillion euros. According to the current tight fiscal policies of the five countries, they can't pay off the debt even if they don't eat or drink for 20 years.

They still have to maintain public spending and welfare policies. Unless they don't want to live anymore and just disband on the spot, this generation will have to tighten their belts to pay off their debts.

How can we develop the economy? How can we stimulate investors? Let's just give up.

Deny this statement?

If they die faster, the investors holding the stocks will stand up and sue them for concealing the truth. Are they preparing to go bankrupt and default on their debts?
Dai Ying jumped out to stir up trouble again at this time, and Barclays Bank and HSBC came out to say that it was none of their business.

As of June 2010, 6, the size of the PIIGS countries' government bonds held by the British financial industry was less than 6 billion euros, and only to billion euros including commercial loans.

The risk is within the controllable range, so don't worry. Daiying has a 300-year reputation guarantee, and you will never go wrong by depositing your money with us (squinting smile).

Then they started to pass the buck, saying that they knew Paris well and that Paris had previously provided large amounts of loans to various countries through economic stimulus plans.

As for the Gauls, those who know know that they were once known as the usury empire. Their lending business was inherited from their ancestors. It is said that they were the ones who lent the most money to the Russians in the past.

As a result, everyone knows that it is a debt default.
For a time, the domestic lending business in Gaul was in a miserable state. I heard that countless bankers jumped off buildings...

Faced with the backstabbing of its British counterparts, BNP Paribas angrily said that this was not the case. The bank was considering transferring the risky government bonds it held and had already found a major buyer.

In addition, the bad debt rate of a large number of commercial loans to the five PIIGS countries is not high at present, and Ou Meng is coordinating and preparing to use rescue funds to repay the loans.

Deutsche Bank also came out to say that these were all minor problems and the hidden dangers could be eliminated at any time. It’s just that everyone is an ally of the European member states and it is only right for them to help each other.

I've said a lot of things, but the point is, the risks are still within controllable range, but panic has already occurred. So, are the commercial loan risks that have been hidden before so serious?

Even trillions of euros cannot quell the crisis?

Isn't this an old man doing bungee jumping because he thinks life is not exciting enough?
With a large number of financial institutions that were influenced and controlled speaking out, everyone suddenly realized that the real crisis did not seem to be sovereign bonds.

But it is those commercial loans hidden under the surface. Hillary's financial industry has collapsed. If the five PIIGS countries all end up like this, then they will hold a large number of shares in these commercial banks.

Can the large commercial bank Oumeng, which provides huge loan support, survive?
If Germany collapses, is there still hope for Europe?
The European economy is at risk of collapse. The best outcome is to borrow money frantically to help the financial industry tide over the difficulties, but don't dream about developing the economy.

So far, the world's three major economies have collapsed, and people are pessimistic about future development.

This is the super gift package that Li Zehua gave to Ou Meng. The owner of Meizhuang came forward to code the fuss, and Goldman Sachs was simply blinded by money and made a friendly guest appearance.

Many people in Squid Capital are very annoyed and are asking around to find out who is behind this. Is the pace of this script too fast?

It is impossible to deal with Goldman Sachs. Everyone has a share of the money earned in this round. Are they going to fight against themselves?
They originally wanted to repeatedly go sideways for half a year and reap the benefits. In the process, they wanted to force European countries to compromise and make concessions, earn more profits, and even further control Europe's internal economy.

However, the plan was sabotaged by human beings, and the potential profits lost were more than hundreds of billions.
No matter how much we hate it, the investigation still needs to be conducted, but we are not slow in buying gold for fear of missing out on the opportunity to make a fortune.

As expected, gold prices have once again ushered in a new round of surge, rising faster than the original historical line.

……

"What a pity, only Fang Guohui was fully invested. His death is not a pity. Fake Medicine Stopping and Brother Daibei have learned their lesson this time and only have 20% to 30% of their positions.

But it doesn’t matter. In order to open a position, I bought 5 million long and short hedge options in the second round, and sold more than 3 million of the short part in a week.

Clearance sale below par value, fake medicine stop and belt brother seem to have bought a lot, you just wait and see how you get your money back."

After successfully solving one problem and trapping two others, Li Zehua breathed a sigh of relief. In addition, he had gradually established influence in the three provinces of Shandong, Henan and Qinhuangdao, combined with the investment scale of the major economic provinces in the Yangtze River and Pearl River basins.

From the news leaked to the outside world that the group suffered huge losses, it can be seen that the provinces are very concerned about Qingyun Group and are afraid that it will not be able to hold on and go bankrupt, resulting in a waste of investment.

The Qingyun Group has finally gained a firm foothold. The next step is to establish its own business rules to restrict the development of its competitors.

Unfortunately, he wasn't happy for even two seconds before he received a call saying the fake medicine was discontinued.

Fake Medicine Stop almost yelled, “Li xx, my little cutie, you’re the fuck.

If you dare to plot against me, just wait, this matter is not over yet!" (End of this chapter)