Chapter 248 Lending to a brokerage firm
Mandel does not want Qingtian Capital to raise its cards.
Originally, he thought that the sign-raising line would make Qingtian Capital afraid, and he might be able to defeat them by taking advantage of the opportunity.
As a result, after a day of gaming, Qingtian Capital showed no signs of timidity at all.
Raising placards has become a general trend.
Once Qingtian Capital raises its cards, it will not be able to take over the other party's chips later.
Of course, he must have thought of this before, and he will not give up just because Qingtian Capital wants to raise his hand.
If Qingtian Capital didn't raise its cards, it would have lost less.
Once Qingtian Capital raises its name, it will definitely lose 4 to 5 billion US dollars.
Because his goal is to push Nvidia's stock price to one hundred dollars.
No matter how powerful Qingtian Capital's subsequent replenishment is, under the superposition of ten times the leverage, the position will still be liquidated!
The current cost of Qingtian Capital is more than 150 US dollars, and with subsequent additions, the cost may reach 130 US dollars.
If it hits one hundred and twenty dollars, Prime Capital will liquidate its position. If it continues to drop, Prime Capital will have to make a margin call because his stock is restricted and cannot be liquidated, so it can only collect money off-site.
At the price of one hundred US dollars, Qingtian Capital will lose 20 points. With the support of ten times leverage, it will lose more than 3.5 billion US dollars.
In addition to the loss of about US$7.7 billion when he liquidated his position, the total loss was more than US$5 billion.
If Qingtian Capital cannot take over the chips, Morgan will lose another sum of money.
Today he tried to see if he could blow up Qingtian Capital, but Qingtian Capital finally added another 200 million in funds.
For Mandel, how to minimize his losses this time has become the most important task at present.
Qingtian Capital no longer needs to care. Once the sign is raised, the next market trend has nothing to do with them. They are only responsible for getting money.
Come with a large deposit and exchange for a large amount of chips.
Half a year is enough for Wall Street to plow Nvidia back and forth several times. Even if the stock ban is subsequently lifted, it is impossible for Li Yuan to make money.
On Thursday, no surprise, Qingtian Capital directly raised NVIDIA and invested a huge stone in the entire financial market.
On this day, Quantitative invested US$2.2 billion in chips, Qingtian Capital used US$1 billion in funds, and Nvidia fell eight points.
It is a very rare thing for China Capital to raise a flag in the US stock market. It is even rare for the entire US stock market to be raised.
Once the card is raised, it means that a large number of chips are locked, and the entire ticket will go crazy.
Whoever raises the sign will be unlucky.
In a pure financial market, any ticket may be discarded. Anyone who is willing to lock up his own funds is tantamount to handing over his money to others.
In the entire market, some people are bullish and some are bearish.
Morgan can no longer even get the short contract, it has all been taken away by others.
And the stock price has not gone down much, because the short and long orders have formed a hedge, and both are playing games.
Whoever wins in the end takes away the profit.
Mandel asked the media to issue a press release.
Qingtian Capital lost US$280 million in one day.
After closing, Li Yuan went to bed.
After all, he was too tired. He had been fishing in troubled waters last night. Nvidia's transaction volume was 3.6 billion US dollars in one day, and he took nearly one billion US dollars in chips.
The current price of Nvidia is only US$133. One billion US dollars today is equivalent to the number of chips worth US$1.5 billion acquired in the past few days.
He currently holds 16.68% of Nvidia's total share capital, which is very close to his goal.
He knows that the chips in his hands are of little value. After all, the stock itself is not valuable.
What is valuable is the expectation, and what is valuable is the funds that are willing to pay for it.
Stocks are called chips, which illustrates this problem in disguise.
When he woke up, he saw Chen Jie looking at him with a strange expression.
"Sister Chen? With your expression, could it be that you did something to me while I was sleeping? And then you weren't very satisfied?"
Sister Chen said helplessly: "I thought you were joking, but I didn't expect you were really going to take down Nvidia."
"Isn't this to earn some hard-earned money? Staying up all night has made my kidneys weak. If I don't earn some money, who would want to do this job?"
"But it's very risky for you to do this. Even if someone is willing to take over your stock, the price will be lowered a lot under the current circumstances. Besides, are you sure you can make money from Qingtian Capital? At present, the position of taking over the stock is too Taller……"
The current holding cost of Qingtian Capital is very high, close to 145 US dollars. No matter how much is added in the future, the cost will not be significantly reduced.
In the current situation, who is willing to take over at this price?
Chen Jie didn't know the situation of Qingtian Capital, but he knew the situation of Li Yuan's account.
His account has been secretly receiving chips from behind, and it must be lower than the cost of Qingtian Capital.
Even so, the current cost is close to $140.
"Well, I know. Wait until tomorrow, and Sister Chen can help me contact someone."
"Contact me tomorrow? Do you have enough chips now? If you only have a dozen points, they won't want it."
Western capital is not monolithic; there are many factions.
In particular, some established traditional capital cannot reap the dividends of emerging finance at all. New technology companies are the enterprises with the highest added value, which is much higher than the added value of traditional enterprises.
But for really powerful companies, they have no investment ability at all, so they can only rely on luck and make some soup.
They must also want to eat meat, but who is willing to let it?
This state has lasted for many years.
If Li Yuan can give them 30% of the chips, they will definitely be willing to take it, and even give them a slight premium.
Because they have the means to directly take the company into their hands through these chips, and they cannot let other capital turn Nvidia into an empty shell.
But if it is only a dozen percent, they will look down upon it.
This little bargaining chip is not enough for them to take the initiative. It will be the same as not having it.
"Well, I know, I will definitely give them more than 20%, let's talk about the price first..."
"good."
Li Yuan ate something and moved around the room for a while.
He also read the news on the Internet, and Morgan even produced overwhelming evidence proving that he lost more than 200 million U.S. dollars in one night.
After facing the evidence of Stone Hammer, the domestic media went crazy. What they said before was still vague, but now they directly and openly belittled Li Yuan for not overestimating his abilities. He thought he had achieved some achievements in the A-share market and did not take the world seriously. Here, I still want to speculate in the U.S. stock market, the most mature system in the world.
While damaging Li Yuan, he also belittled the domestic system.
They are very good at this.
Li Yuan's fans are the most bullied. After all, in the face of evidence, they can't even stick to their tough words.
Some fans asked Li Yuan to stand up and explain to fans why he wanted to deceive fans' feelings and why he didn't dare to admit that he had lost money.
Li Yuan didn't bother to pay attention at all.
Because the results will be available in just a few days...
My last reply was that I don’t want those media to keep setting the pace. If they keep setting the pace for half a month, it will become true if it is not true.
It doesn’t matter now, if you can get results within a few days, just bring it!
Anyway, if the heat doesn't go away, there will be a chance to fight back.
Opening WeChat, he received a kiss from Jiang Yiling, and received messages from people from all walks of life, including some who wanted to ask for certification.
What is there to prove? I just read a media report and found out why he has so much free time.
I silently changed the notes for verification. These guys are boring.
I guess I said a few words and the screenshot was immediately sent out, saying it was first-hand information...
It's just that Jiang Yiling would care about this matter, which surprised him.
"Thank you, wife, for caring. I'm fine."
Soon, Jiang Yiling replied: "Of course I know you're fine. Are you comfortable living across the door?"
"???"
"Your bodyguard betrayed you."
"That's true, but I do work all the time."
Li Yuan has bodyguards, arranged by Tang Jianjun and others, who basically stay in the garage 24 hours a day.
As long as he goes downstairs, he will follow him immediately, take him to the company, and then stay in the company garage.
Li Yuan sometimes didn't know where the group of people were, but Jiang Yiling found out.
"I believe you, otherwise I wouldn't care about you. I'm going out, bye!"
Li Yuan: "..."
He always thought Jiang Yiling didn't care, but he didn't expect that she actually cared a little bit.
If you don't care at all, even if you know that you are in the opposite door, you will not expose this matter.
Anyway, I have to finish this matter first.
What surprised Li Yuan was that the National Fund and the village chief never intervened in this matter, or even talked to him.
This also proves that he is now in a position of absolute initiative.
Soon, it was late at night. After the U.S. stock market opened, NVIDIA's stock price plummeted, and it soon fell by five points.
Quantitative funds are very powerful. Just a little bit of hard work has increased Li Yuan's costs.
Even if there are more than one billion or more additional funds later, the cost will not be reduced.
Qingtian Capital, which was on the verge of being liquidated, could only add funds again and again, and every time it added, there would be a reminder to increase its holdings.
Many people feel that Qingtian Capital is crazy. They have reached this point and are still risking their lives to increase their holdings.
How much should I increase my holdings? Increase your holdings to 30% and then issue a takeover offer?
Why should you, a Chinese funder, acquire an American company?
You don't deserve it at all!
You don’t have this bloodline!
…
"Man, the brokerage has no chips in hand. I need to borrow some from you. Now I only have the last bit, right?"
"Yes, my friend, you have indeed forced your opponents into a blind corner. But at the same time, you have also forced us into a blind corner! We are going for the long term, and we are going to push Nvidia's market value to US$500 billion. . Now you force us to abandon this shell..."
"We are the masters of NVIDIA. We are fully capable of cultivating another NVIDIA. Isn't it good to let the Chinese capital spend billions or even tens of billions of dollars and only get an empty shell? After all, this is our territory. The other side is going to pee on our heads!”
"I admit that you have convinced me, and I can give you part of the chips in my hand, but then we need you to cooperate with us to bring NVIDIA's stock price back again. Even now, the noble soul of NVIDIA has been destroyed by the dirty Chinese capital. Even if it is tarnished, we will squeeze out the last bit of its value."
"Of course, this is our common interest!"
Mandel breathed a sigh of relief.
Then start calling other agencies.
There is only one requirement, borrow stocks.
He didn't lie. It was indeed impossible to get the contract from the brokerage. They even smashed all the chips in their hands and couldn't move anymore.
In order not to blow up the position, Qingtian Capital can be said to have entered the market with crazy funds today, and the chips in the market were consumed very quickly.
But he knew that this group of people had many, many chips.
Nvidia still has a market value of more than 50 billion US dollars.
After a few phone calls, he actually got a full 15% of the chips.
"These guys must have made a fortune in it!"
With this 15% bargaining chip, he is fully confident that he can completely blow up Qingtian Capital.
With the remaining chips, he could also deliberately pretend to be careless and use it to repay his short order.
So as to earn some profits and make up for the losses.
After all, this 15% is probably only half of what those guys took away during this period, and they must have more chips in their hands than before.
Otherwise, why make an agreement with him to raise the price again?
At this time, a meeting was being held in an institution on Wall Street.
"That bastard Mandel ruined our layout! With NVIDIA being such a big fan, we didn't make much money at all!"
They were very annoyed. The market situation this year was not good. They originally wanted to raise Nvidia to more than 200 billion US dollars, and then conduct a high stock split to cash out part of the funds to make up for other losses.
As a result, it was raised to more than 90 billion US dollars, and it was implicated.
There was no way to get angry at Mandel, because everyone was on the same side after all.
And so far, Mandel has done nothing wrong.
"This time, taking out one-third of the chips in our hands is already the limit of what we can do. Next, we must let Mandel use the short order in his hand to bring Nvidia to a market value of 100 billion, otherwise we will It’s a loss of money.”
"I believe Mandel will not refuse this opportunity when he sees our sincerity. That amount of Chinese funds is too crazy. It may be a good thing for us to completely bury him in it this time. It is better for Morgan to come forward than for us to come forward." Much better.”
"Yes, Wall Street will not let China Capital make profits there, because their financial system is all learned from us, and we are their teachers. It will be very shameful if they lose."
"How many chips do we have now?"
"If you include the 10% held by Morgan, there is probably about 40% left."
"Mandel is such a shrewd man. If he doesn't take out the chips in his hand, he will ask us to borrow them."
"Hey, that guy always thought that we were grabbing the chips he smashed in the market. We already hold so many, and taking them anymore will only reduce our flexibility."
At this time, someone raised his hand and said: "Everyone, I'm afraid we don't have 40% anymore, because I lent my chips to the brokerage... You should understand that I can't refuse the conditions offered by the brokerage..."