Black Technology Editor

Chapter 69 Bloody Capital
Manhattan, New York.

Wall Street.

Morgan Chancellor Headquarters Building.

A blue-eyed, blond-haired man in a suit hurried up to a female secretary almost in a rampage.

"I want to see Jack!"

"The boss is not here."

The female secretary raised her head with a natural expression.

The man didn't want to talk nonsense, so he directly passed the female secretary and forcibly opened the door of the office.

In the office, a thin man about 50 years old was practicing golf with a golf club in his hand.

"Jack, I know you don't want to see me, but this time I came to you, definitely not to regain control of EA Fund!"

"Boss, I'm sorry, he."

The female secretary who chased after her looked flustered.

Jack put down his golf club, waved his hand, and the female secretary retreated like a pardon.

"So, dear Geoffrey, what are you up to?"

Jack smiled and spread his hands.

"An accident happened in the semiconductor material market!"

"uh-huh?"

Jack is a little confused.

"This is the last issue of Science. I got it from a friend."

Jack took the magazine from Jeffrey: "Discovery and Application of Spherical Bacteria in the Purification of Single Crystal Silicon"?"

After speaking, he flipped through the impurities and examined them carefully.

As he flipped through the pages, the smile on Jack's face gradually disappeared, and his expression became more and more serious.

"This is not a smoke bomb released by some short seller?"

Jack frowned. Although "Science" is the top journal in the academic world, capital can do anything for profit. Buying a mere issue of "Science" is nothing.

Seeing that Jack still had doubts, Jeffrey took out his laptop and opened it in front of the other party.

"This is the K-line chart of the semiconductor market in the past two months."

"This kind of curve."

Jack frowned deeply, "Is there a short seller frantically placing short orders?"

"That's right, and the amount of funds is huge, at least at the level of tens of billions of dollars! Academic journals can be faked, but I don't think anyone will take the risk of tens of billions of dollars!"

"what do you mean"

Jeffrey nodded: "That's right, the stock price in the semiconductor material market is about to collapse!"

Black Swan!
This is definitely a black swan for the semiconductor material market.

This black swan will not only affect the semiconductor material market, but even the entire semiconductor industry.

Because large silicon wafers are the upstream material of the semiconductor industry, once its market price changes, it is obvious that it will affect the entire semiconductor industry.

"How many stocks of major silicon wafer manufacturers do we have?"

"We have a total of 479.8 billion U.S. dollars in shares of Shin-Etsu Daily Chemical, Sumco, Global Wafer, Siltronic AG, and LG."

"Quick! Find a way to sell it, no, just selling stocks will not recover our losses, we will short them!"

Jack's face was gloomy, and he was completely different from the way he had just made love.

"Yes, boss!"

"Jeffrey, as long as you can recover the company's losses this time, I will let you manage another 500 billion US dollars fund!"

"Yes!"

Hearing this sentence, Jeffrey was extremely excited.

Didn't he come here just for this sentence?
As for the loss of the company, does it have anything to do with him?On the contrary, this happened to be a great time for him to make a fortune.

As a giant company in the material industry, Shin-Etsu Daily Chemical has huge profits in five major businesses: polyvinyl chloride, silicone, functional chemicals, semiconductor silicon and electronic functional materials.

Among them, the most profitable business is semiconductor silicon, that is, their 12N monocrystalline silicon, with a profit margin of more than 40%, accounting for more than 50% of the entire group's business.

What's even more exaggerated is that Shin-Etsu Daily Chemical still has tens of billions of dollars in cash flow.

Such a terrifying basic materials giant is usually a favorite in the eyes of the capital side. I believe that they will be ruthlessly abandoned by the capital side so soon.

And while throwing it away, he stabbed it fiercely in the back.

Sakura Country.

Shin-Etsu Daily Chemical Headquarters.

At the board meeting, Kozo Sato, who was sitting at the head of the board, was speaking, when a young assistant walked up to him quietly and leaned over to whisper a few words.

Sato Takazo's face tightened suddenly, and the original smiling face disappeared instantly.

"Dismiss!"

Leaving only such a sentence, Sato Kozo left the meeting room directly.

"what happened?"

Although Sato Kozo is nearly [-] years old, he is still vigorous and strong, and he can't see the slightest aging.

"In the early morning of this morning, at exactly 9:00 North American time, a large number of fund companies sold off our company's stock!"

"why?"

Sato Kozo frowned deeply.

Logically speaking, the stock price of Shin-Etsu Daily Chemical has a lot of room for growth. According to its profit rate, the market value of 600 billion US dollars is normal. How can someone sell it in a large amount at less than [-] billion US dollars?
"President, not only our company, it seems that the entire leading manufacturer of semiconductor materials is being crazily sold off their stocks!"

"Someone is shorting our semiconductor material market?"

Sato Kozo reacted instantly, and then his face turned red, "These disgusting capital maggots!"

Despite his anger, as a listed company, he had to rescue the market, otherwise, when the market lost confidence in their company, the stock price would really plummet.

"Watanabe-kun, how much capital reserve does our company have?"

"Reporting to the chairman, there are currently 176.4 billion US dollars in the book."

Hearing this, Sato Xiaosan showed a ferocious smile on his face, "Since you want to short our company, I will let you group of maggots lose everything!"

After finishing speaking, he ordered in a deep voice: "Execute the stock repurchase plan!"

"Yes, President!"

North America.

Bridgewater Fund headquarters.

A fund manager was holding coffee in his hand, staring intently at the semiconductor material market on the market with his bloodshot eyes.

"Boss, Shin-Etsu Daily Chemical's share price has been pulled back."

"Boss, LG's share price has also been supported!"

"Boss, Universal Wafer."

"."

When Sauron heard the report from his subordinates, a cruel smile appeared on the corner of his mouth: "Are you here to save the city? Unfortunately, this is destined to be a futile struggle!"

As he spoke, he drank his coffee in one gulp, and ordered: "Leave them alone and continue to place empty orders. Since they want to die, let them be fulfilled."

"Yes!"

Everyone continued to operate, and one after another empty orders were continuously bought.

The fight between bears and bulls is getting more and more intense.

In Xiao San's eyes, this is just a normal fluctuation in the semiconductor material market, but no one realizes that an avalanche-level stock market crash is about to erupt.

October [-]st.

The paper "Discovery and Application of Spherical Bacteria in the Purification of Single Crystal Silicon" was officially published in the "Science" magazine.

The entire semiconductor material market was shaken.

(End of this chapter)