Rebirth of the Official Business Route

Chapter 1140: Crisis and speculation

Domestic people enjoy the long holiday of the Labor Day Golden Week. Enterprises and institutions have a holiday. The Shanghai and Shenzhen markets are also closed to stop trading. The securities market on the other side of the Pacific is still in full swing, attracting the attention of most investors around the world. The American public has to wait until September. To enjoy the Labor Day public holiday on the first Monday of the month.

After three days of avalanche-like decline, the Nasdaq Index began to oscillate in a see-saw-like manner on the third day of May after a short pause on the weekends; although there are some signs of rebound, it will not be of any scale. The avalanche-like fall has made ordinary investors understand how fragile the wave of new economic prosperity advocated by Wall Street investors is. Fastest update of novel chapters

During the domestic golden week, the Nasdaq index has been falling indefinitely, and there is no decent rebound. Zhang Ke and many people believe that a considerable part of investors who got out of early will turn to join the short-selling camp and increase the index. The pressure to walk down.

At the beginning of May, the Jinshan night was as cold as water. Tang ** stepped on the floor with bare feet. She was wearing a light-permeable thin transparent cloth pajamas. She hugged Zhang Ke from behind, and her chin was knocked on his head, soft and tender. Sliding chin tickled his short head, staring at the email displayed on the laptop screen, and asked: "Does Nicholson have such a long report every day?"

The University of Hong Kong only has one day of public holiday on Labor Day. In addition to the weekend, Tang Wa could only go back to the mainland for three days. The first night was spent in Jianhan, and the second night would naturally go back to Jinshan to accompany her parents. Zhang Ke’s time with Tang Gu is limited. Naturally, he has to accompany her to Jinshan for one more day. Fortunately, Tang Xueqian** Gu Jianjiang has already recognized him as a prospective son-in-law. After arriving at Jinshan, he doesn’t need a fake model with Tang Wei. Pretend to sleep in separate rooms. "Fiction" novel chapters are updated fastest

Tang Xueqian had business activities to participate in at night. Zhang Xun and the others simply had dinner and then went back to the room to take a bath and rest.

While Tang Zhu was taking a shower in the bathroom, Zhang Ke sat at his desk in his pajamas and took the time to read the e-mail. This has been an e-mail to him every day for a week in a row.

"Whenever there is a household every day, I will have more of them in the past few days. If there is every day, I will have my heart to kill him!" Zhang Ke grabbed Tang **'s little girl with his backhand, held her in his arms, and let her sit down to herself Her thighs are superior, and her palms are habitually placed on her slender elastic waist, feeling that it is so round and full of elasticity.

Tang Shi sat on Zhang Ke’s lap, twisting his body restlessly, pressing the mouse to drag the mail down, staring at the long and boring report for a while, and couldn’t help yawning, regardless of Zhang Ke’s Holding the pair of pigeons standing upright on her chest with both hands dishonestly, turning her head around Zhang Ke's neck, "Since it can be judged that the Nasdaq is in a downward channel for a long time, why not adjust more funds to sell short? ..."

"The Nasdaq Index oscillates fiercely. Even if it can be judged that the situation will continue to deteriorate, the whole process is more complicated and sinister than most people think." Zhang Ke patiently explained to Tang ** "Mitsui ** Samsung, these Japanese and South Korean consortiums." They all secretly control hedge funds of varying sizes and sizes, but the speculative behavior of hedge funds has never been the main business of these consortia. Once industrial capital is labeled as a speculator, it will inevitably reduce the market and consumer’s influence on the industry. The trust of capital will not mobilize additional funds, and the funds under hedge funds will not be concentrated in a market for profit. In addition to diversifying risks, it also distracts the attention of other forces."

During the Asian wave of financial turmoil, the hedge fund secretly established by Kumho overseas invested in currencies such as Thai baht**KRW**indonesian rupiah in the international foreign exchange market for short trading, and gained a lot of money.

After that, almost 300 million US dollars of profits were included in the accounts in the name of the company's claims.

As the core of Kumho's industrial capital operation, Kumho Corporation has a debt scale of up to 2.5 billion US dollars.

The 300 million U.S. dollars in profit from shorting Southeast Asian currencies was transferred to Kumho Corporation's account. In fact, it did not have much effect. It may only give Kumho executives some psychological comfort: Kumho Corporation's actual debt scale is not on the books. It’s 2.5 billion dollars, but 2.2 billion dollars. But what is the difference? With Kumho Corporation’s financing capabilities, it is able to control the scale of liabilities to about 2.5 billion U.S. dollars. Even if it did not transfer the 300 million U.S. dollars from hedge funds, Kumho Corporation can also obtain this capital from other financial investment institutions.

After the initial transfer of 300 million US dollars of funds, Zhang Ke ** Ye Jianbin ** Sun Shangyi, Ge Mingde and others still left nearly 100 million US dollars of capital in the hedge fund accounts managed by Nicholson under their personal names. gold. This part of the funds in the hedge fund account has been quite successful in the overseas investment market in the past two years, with a capital gain of about 60 million US dollars. This is a pretty good result, but compared with the exhibitions of Kumho's industries, it is not enough to see it. Kumho lacks sufficient interest in speculation in the financial market.

In any case, the size of the hedge funds managed by Nicholson is over US$300 million. The bubble of the global new economic wave burst, and the financial turmoil is surging again. It is precisely the moment when they come out to make waves. Nicholson spends almost every day during this period. Communicate with Zhang Ke on the situation exhibition.

The bursting of the new economic wave bubble is not accidental. Even if Microsoft’s anti-barrier case is not the fuse, other things will become the last straw to promote the bubble burst; the financial turmoil brought up by the bubble burst is also destined to the real industry. spread. There may be twists and turns, but the long-term development of the situation is clear at a glance. Zhang Yanji has memories of past lives, and his judgment of the situation is not necessarily more acute than that of the figures standing at the top of the Wall Street Pyramid; he is not necessarily more accurate in judging the timing of the Nasdaq’s short selling or rebound than Nicholson.

Nicholson mentioned in the email that the US Supreme Court’s appeal ruling against Microsoft’s counter-insurance decision in mid-June is likely to become the next critical time node.

If Microsoft’s appeal is rejected by the Federal Supreme Court, the destiny of Microsoft’s spin-off will not be changed; however, Microsoft’s anti-drug case directly caused Nasdaq and the global new economic capital market to oscillate like a financial tsunami, which is far-reaching and far-reaching. Far beyond the expectations of ordinary people, the possibility of a spin-off by Microsoft has greatly reduced the possibility of a US federal court in mid-June. It is very likely that the US Federal Court will issue an appeal ruling in favor of Microsoft, and it is also very likely to induce a strong Nasdaq index by then. The rebound.

If Wall Street speculators have similar views, the decline before the US Supreme Court’s appeal ruling on Microsoft’s anti-foundation case and the subsequent rebound are likely to far exceed ordinary expectations.

Zhang Ke can only agree with Nicholson's judgment. The actual performance over the years has also confirmed that Nicholson is an extremely good investor with a keen sense of flying, especially for the sense of touch hidden in the financial crisis.

In fact, although Zhang Ke still has a deep influence on the fund, he no longer directly controls it. Hedge funds have become a private equity fund led by Nicholson. Zhang Ke and Yu Shangyi are also purely private investors. Participating in investment, if you raise funds from the accounts of Kumho member companies, it will complicate the difficult relationship three... ... Tang Xi stayed in Jinshan for one night and flew directly from Jinshan the next morning.” To Hong Kong, Zhang Ke sent Tang Juan on the plane and then left the airport to go to the construction land of the Microchip Jinshan Plant.

Tang Xueqian was busy with official duties and didn't have time to drop off the plane. He also arranged a time to meet Zhang Ke on the land.

Just more than two months after the construction of the Jinzhi Shangchang started, a brown-painted wrought iron fence was fenced out, and there was a rotted forest in the distance. Zhang Ke and Tang Xueqian parked their cars outside the Shuichen Forest and walked into the Shuirong Forest. On the other side of the Shuirong Forest, there is a clear river, seventeen or eighteen meters wide, and there are weeds on the beach. It is a river that is not usually noticed. Zhang Ke didn't expect such clear water in the Jincheng New City area.

"How deeply will the financial tsunami caused by the bursting of the new economic bubble involve entities?" Tang Xueqian is still a problem related to the enterprise exhibition ~ www.readwn.com ~ It is difficult to say" Zhang Ke can not directly say that the Nasdaq index is likely to be He didn’t want to pretend to be a prophet when it fell to about a quarter of the highest point. He still used the report submitted by the Kumho Economic Research Center and Nicholson to explain to Tang Xueqian that "proliferation to entities is an inevitable trend... Such a deep drop will inevitably drag the entire new economy down the abyss. Even if the securities capital market and venture capital funds do not close the door to the network company, the door left behind should be extremely limited. Most small and medium-sized enterprises without venture capital support It is difficult for network companies to survive. The large number of failures of network companies will not only greatly reduce the market demand for communication infrastructure equipment such as optical fiber, but also the demand for electronic components such as storage chips and software." Tang Xueqian Lin Mu, looking at the land opposite the forest, said: "The wafer manufacturing industry in Asia hasn't improved much in the past two years. Is it going to be affected again this time?

"Yeah" Zhang Ke nodded and said, "If the wafer market demand will shrink significantly as I judged, the global wafer industry, especially the field of generation, will be profitable except for a few wafer companies. Most wafer companies have to fall into a muddle of losses." Huaxia said that sustained losses are a result that could have been predicted long ago. Zhang Yan saw that Samsung may delay the construction of Hongxin Electronics and co-invest with Samsung Electronics. Yuanchang was originally a hot spot in the market hype of Haisu Technology. Samsung's delay in the construction of Hongxin Electronics should be regarded as a lot of time for Haisu Technology, but it is not clear when it will happen.

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