readytorunbook Chapter 176 Larry's Visit: A Stepping Stone to the Pyramids
Chapter 176 Larry's Visit: A Stepping Stone to the Pyramids
If you don't unplug the network cable.
This level of enthusiasm is unlikely to subside quickly!
The reason for the final rebound was simple: to attract retail investors to buy in and cover the exit of bullish capital.
However, short sellers must have lost a fortune…
A hundredfold increase! Are short sellers still trying to escape?
(￣へ￣)
Pulling the network cable doesn't save the short sellers, but rather the brokerage firms that lent stocks to the short-selling institutions. Even though the short sellers have been liquidated and forced out of the market, the brokerage firms can't buy back the stocks to return to their clients. These stocks belong to the clients and must be returned to them.
If the brokerage firm (the operator of the trading software) cannot return the shares to the client, they will have to bear the remaining losses.
Can brokerage firms keep the internet cable plugged in?
Short selling is complete.
The stock price has become a castle in the air!
Naturally, it fell.
After all, Game Station's actual market value is limited. Without short sellers attracting hatred, who would be willing to buy it?
"It's interesting!"
Jiang Feng clicked his tongue in amazement and chuckled softly.
Is the US stock market also being unplugged?
Ha~
As expected!
When Zhou Kai and the others heard that Larry, the boss of "BrightRock," wanted to meet Jiang Feng, they all speculated about his purpose.
"Could it be that someone else wants a piece of the pie?"
"It's also possible that the US government wants to get involved!"
"sonofabitch."
"They shouldn't even think about it!"
"President Jiang, should we reject this guy?"
People are very wary and dislike these institutions, just as they dislike Jews!
Jiang Feng calmly smiled and said, "There's no need. Are we afraid of him? It's a pleasure to have friends coming from afar. Since he sincerely invited us, it would be petty to refuse."
He replied that Larry was welcome to visit anytime!
coincidentally
Larry is currently in China discussing business.
quickly
Larry secretly led his small team to Changshan Town and met Jiang Feng in the [office-type carriage] of the Golden Express.
"Hi, Mr. Jiang, it's an honor to meet you!"
"I've long heard that Mr. Jiang has defeated Jewish financial groups, stock market gurus, quantum funds and other Wall Street bigwigs. He's very famous and his reputation is legendary. I've admired him for a long time."
"Nice to meet you!"
"My name is Larry, CEO of BlackRock."
This middle-aged American professional, with a receding hairline and a typical balding head, was very polite and socially adept.
Jiang Feng also smiled and shook hands in welcome:
"Hello, Mr. Larry, you flatter me!"
"What I'm doing is just a small fry. Mr. Larry is the real big shot. Who doesn't know BlackRock, the world's largest capital management company? They developed the Aladdin system and the MSB trading system, helped the US solve the subprime crisis, merged with Merrill Lynch, and acquired Barclays. On the surface, the assets under their management are as high as 8 trillion."
"I never expected Mr. Larry to personally visit me. I am truly flattered and honored!"
Larry quickly waved his hand: "No, no, no, Mr. Jiang only spent two short years to achieve such a fortune."
"Unique in the entire world!"
“When I was Mr. Jiang’s age, I was still studying in school. At only 20 years old, he swept through Wall Street. This is beyond what mere genius can describe as outstanding.”
They exchanged pleasantries as is customary in social interactions.
Jiang Feng asked:
"I heard that Mr. Larry wants to talk to me about something? What advice do you have for me? Our company would be happy to assist you."
Larry replied with a smile, "Actually, it's nothing. The US capital management department heard that Mr. Jiang invested in a project in Somalia, and they are very interested and hope to deepen the exchange."
"To avoid drastic fluctuations in the financial markets."
"Personally, I also hope that Mr. Jiang and your team can use BlackRock's trading system to connect with the US stock market."
"In return—"
"The US government is willing to place some of the gray secondary market transactions on your future offshore financial market."
"For example, arbitrage trading in certain circles!"
"You should understand that some political and academic bigwigs will try to monetize the resources in their hands for profit."
"For example, long-term hedge funds have helped Italy lower government bond yields, boost market activity, and profit from the interest rate differential between Germany and Italy."
"And the Solomon brothers helped Greece enter Europe."
"These are all forms of arbitrage!"
So-called circle arbitrage refers to the act of profiting by using underhanded operations or insider support.
This includes certain institutions, and even government agencies.
For example, the US wants to cripple the European debt crisis, but it's inconvenient and too unseemly to do so in its own market, so it brings its resources to your market and asks you to help short the European debt crisis.
This gray secondary market is extremely profitable!
Long operation time
Large cash flow
Just one touch and your hands are covered in oil!
Of course, arbitrage is very risky. It's usually okay, but you're afraid of black swan events, which can lead to huge losses.
Long-term capital
Everlasting Flower Fund
Bear Stearns
Lehman Brothers
Bankruptcies are all related to high-leverage arbitrage!
However, Jiang Feng only provides the financial trading market; he does not participate in arbitrage unless the system rewards him with information.
What does risk have to do with him?
╮(╯_╰)╭
In a volatile market, cash is king. By controlling the market and managing a large amount of capital, you can ensure that whoever makes or loses money here has no bearing on you.
They're all just韭菜 (leeks, a metaphor for being exploited or exploited)!
Jiang Feng nodded and smiled, "OK, we are willing to use your company's trading system, and we welcome capital from all parties."
"We are committed to building a fair and free international financial market, but we will not act as market manipulators ourselves."
"After all, arbitrage is too risky!"
"We're not as good as BlackRock—"
"With $8 trillion in assets and official support, it's no exaggeration to say that the US stock market is your backyard."
This statement is a veiled criticism, implying that BlackRock has special privileges and can get whatever it wants in the US stock market, with an invincible background.
Who dares not listen to you?
Larry shrugged, a half-smile on his face.
"It's still not as good as China Economic Development Trust & Investment Corporation (CEDTIC) in the A-share market."
(→_→)(￣^￣)” Feeling embarrassed～
China Economic Development Zone?
Jiang Feng's lips twitched slightly, speechless. If the US stock market is thick-skinned, then the A-share market is shameless.
Their eating manners are appalling!
China Economic Development Trust & Investment Corporation (CEDTIC) treats stock market investors like ants, trampling on them and making them dance wildly. The A-share market doesn't treat stock market investors like human beings either.
Although the China Economic Development Trust and Investment Corporation (CEDTIC) has long since vanished.
But the powerful elites in the A-share market remain arrogant!
ah~
Larry sighed, "BlackRock is preparing to delist from the A-share market. Do you know why?"
Jiang Feng asked in surprise, "Exit?"
Didn't you just announce your entry?
You've already quit?
Why
Larry sighed deeply, his expression unchanged but with a constipated look: "Let me put it this way!"
"A stock with a circulating supply of 10 billion shares in the A-share market."
"But we bought a full 12 billion."
"We can't buy them all, we simply can't buy them all!"
Jiang Feng was silent for a moment, then grinned and bit his lip to stop himself from laughing. Good, this is very A-shares!
Hahahaha~
.