Chapter 433 Things have gotten chaotic; everyone's trying to profit from the confusion.
Chapter 433 Things have gotten chaotic; everyone's trying to profit from the confusion.
The major client didn't say much, but simply waved for the consultant to come over.
After all, he became a shareholder after his mother increased her investment. If he had invested in a small company, the money he had tied up could have been used to acquire it!
The consultant wasn't stupid; he quickly raised his hand to apologize to his older brother.
"Brother, clear it out, clear it out immediately... I'll have the trader clear it out for you right away, but our position size is a bit high, so it might take some time?"
The same scene was playing out repeatedly in Seoul and Singapore's port city, with many retail investors staring at the green bars on their screens and looking at the numbers in their accounts, which were shrinking almost every second, until they finally broke down.
So retail investors began another frenzied sell-off, and the dam built by Wall Street, like a breach bitten by ants, began to expand wildly...
Huang Tianya not only did not close his short positions, but continued to add to them.
On Wall Street, Wu's traders were frantically buying up shares.
After all, if they don't answer now, they'll really be dead.
Fortunately, the stock price stabilized for a few seconds after each transaction, before continuing to fall.
Morgan Stanley's Asia Pacific head of trading made an internal call directly to Goldman Sachs' office.
"We've been working on this all morning and have already spent 10 billion, but TSMC's stock price has not only not risen, it has actually fallen a little."
Now that all the retail investors have run away, and other institutions have started to cash in, this battle is unwinnable.
Goldman Sachs panicked as well, realizing that Morgan Stanley was considering withdrawing.
This was a huge piece of bad news for them.
"Hold on, I'm going to find Jacob!"
Qualcomm has a huge demand for TSMC and Samsung, and the current price drop presents a good opportunity for them to acquire stakes, allowing Qualcomm to take over.
…………
After receiving orders from the investment bank, Jacob had no choice but to comply and use his survival funds to keep TSMC and SanSang afloat. Otherwise, if they were taken over by Huang Tianya, the contract manufacturing price would be astronomical.
This is not good news for Qualcomm.
However, most of their working capital had already been transferred to Silver Lake, so he could only pass the order over...
Meanwhile, Silver Lake was also exhausted, as things were far worse than they had imagined.
At the request of other shareholders, this side had already participated in the market stabilization efforts.
However, Huang Tianya's ability to bluff was too overwhelming; they simply couldn't withstand it.
Meanwhile, another group of funds was secretly following behind, although their methods were not as crazy as Huang Tianya's, their funds were much larger.
And it wasn't just Qualcomm and Samsung that were targeted.
Other technology companies...
In particular, the companies that Transsion has been targeting are all being heavily shorted.
After a fierce battle, the others realized something was wrong; the more they fought, the more people there seemed to be.
The entire Wall Street is in chaos!
The other companies immediately realized something was wrong and jointly sent someone to report the situation.
The report states that this was an economic counterattack by China against them, and that someone had definitely leaked their economic infiltration plan in advance.
Obama panicked upon hearing this analysis, since he had set the tone for this financial competition by privately visiting the founders of various investment banks.
The goal was to drag China back to pre-2010 levels through finance and stock exchanges, but the United States ended up becoming the main battleground.
A financial exploitation operation has turned into a financial defense battle!
Support is necessary.
As he was urgently preparing to send reinforcements, Jacob also called the person in charge of Silver Lake.
"Are you guys still holding on at TSMC? Could you allocate more funds?"
"I can't get it out!"
Huang Tianya, that madman, has quadrupled his leverage and is still chasing.
Moreover, in terms of sheer capital, we simply cannot compete with professional institutions. They are far more profitable; I heard they withdrew a total of 200 billion this time.
"If they could, they could keep smashing it, but we can't."
Jacob finally had a clear understanding of the matter: that was indeed not a good idea.
"Do you think Lenovo can still be used?"
"No, they were also affected. A self-developed chip cost so much money, but it not only didn't work, it had a bad effect. Now they're asking me for an explanation."
"And they're asking for an outrageous 30 core engineers all at once, damn it!"
Jacob laughed along, "Since when has a slave been allowed to speak to his master like that?"
Anyway, the person in charge at Silver Lake reminded them: "Do we have any good news from Qualcomm, such as whether the tape-out of the Snapdragon 820 can be accelerated?"
"With these chips failing one after another, the doctor is a bit panicked. They're currently working hard to refine the Fire Dragon 820, and the architecture has been changed to a quad-core. It definitely won't turn into a Fire Dragon..."
"That will take a very long time; it probably won't last until then."
…………
The market continued to fall the next day after it opened.
Huang Tianya sat in his office, watching the red numbers on the screen jump around, a sense of pleasure flashing through his mind.
"This red is beautiful!"
The secretary came running over again and handed over a fax.
"Mr. Huang, Morgan Stanley has sent a message."
They were willing to talk, and this time they were very sincere, hoping we would stop here.
"At the same time, let's tell the people behind us not to join in the vandalism."
Upon hearing this, Huang Tianya also became interested and looked at the other party's surrender fax with a smile.
Then the laughter will soon be gone!
This is what you call sincerity? This is more like giving money to a beggar!
Huang Tianya told his brothers to relax at a club, and the expenses were more than just this.
So, by the time it gets to them, 3% is considered a high price to take over?
His secretary, standing next to him, couldn't help but laugh, saying that if the price continued to fall, TSMC's market value would drop below 100 billion, triggering debt default clauses and causing very serious consequences.
Judging from their situation, they didn't seem particularly panicked.
"I won't answer."
"I won't answer."
With such limited bargaining power, they think they can force me to close my position? Our profits this time are at least 300%. Let them know I'm going to dump my shares again.
Goldman Sachs and their team were not pushovers after all. When the telepathic communication was ignored, they also lost their temper, and the two sides clashed again.
Two days later, TSMC's stock price fell another 5%, and Sansheng's cumulative decline exceeded 20%.
The combined market capitalization of just the two giants evaporated by more than 200 billion US dollars, and the funds used by the five peers to support the market have been poured in by more than 15 billion US dollars, all of which have been buried underwater.
At this point, the conference room could no longer be described as filled with smoke; to be precise, it was now a "fairyland," only with a slightly strange smell.
"Damn, this guy is insane!"
We added another 15 billion yuan to support the market yesterday, but it was immediately sold off at the opening bell this morning!
This time, however, it's not Huang Tianya's cards anymore; it's the retail investors.
Asian clients are all selling at a loss, we can't even keep up with the volume, and Huang Tianya and his team are also taking over their losses.
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