Chapter 700 Hanging on the Southeast Branch
There is a lot of information in Fan Wumian's words.
Manager Qi was silent for a while, and after careful consideration, he said to him:
"I have reminded you long ago that the Hong Kong City's fight back against the hot money led by Soros a few years ago was carried out in the name of the Hong Kong City government."
"Boss, you are standing on the stage and opposing them in every way, which is very likely to cause trouble."
"It's okay to accept the bribe. At least it proves that the situation has not reached the point where both sides are doomed. It's also a smart move to take the benefits and leave. The hot money in the A-share market must be driven crazy by you."
After listening to this, Fan Wumian smiled bitterly.
He felt helpless as if the game was coming to an end, his opponent was still full of energy, but he was slowly losing strength.
It is still unclear whether this is a setup by someone, but the international hot money that was planning to drive up the A-share market has indeed been forced into a dead end by him.
The cards in hand are almost used up, and there is also a lack of support from allies.
The small attempts of some people to stab him in the back are becoming more and more frequent. Today, some media outlets attributed part of the A-share plunge to Fan Wumian's share reduction, causing him to be scolded by countless shareholders online.
I feel that I have achieved enough so far, and there is no point in persisting any further. It will only cause trouble for myself and I will lose the big picture for the small.
If A-shares were to lose 100 billion or 200 billion RMB to international hot money, it would seem that there would be some other benefits, such as reducing Washington's attention on the mainland in exchange for a period of stable development, or allowing countless investors to think better and avoid bigger setbacks in the future.
Given the bandit temperament of European and American institutions and investors, they have long been accustomed to playing with the wind in their favor over the years. If they fail to reap tens of billions of international hot money and are instead cheated to death by A-shares, the mainland may have to pay a higher price in the future, resulting in the missing of a golden period of development, which would turn a blessing into a curse.
Fan Wumian didn't want to sacrifice long-term interests because of a dispute over personal feelings.
In the past two or three months, it is already very impressive that he has been able to fight with hundreds of billions of dollars of hot money to this point. It is not convenient for him to continue to participate deeply in the rest of the game. His strength is not yet strong enough to really compete with Wall Street.
Moreover, financial warfare like this is not his forte. Taking advantage of information asymmetry to seize opportunities is what he is best at. Even if A-shares are really harvested by international hot money, he can make back the principal and interest from the international market afterwards. It is obviously not worth it to sacrifice himself for this.
I guess if the trouble continues, something serious might happen.
He wisely decided to put down his burden and let those crazy stockholders who thought they had good vision and good luck see the cruel and ruthless side of the market. So he said to Manager Qi:
"Well, we'll see. If I can really acquire Marvel Entertainment, Jaguar Land Rover and Aston Martin at a suitable price, I'll be busy with other things next. I've given you the carrot first. If someone tries to play tricks, the stick won't be far away. It will be more effective to coerce me while offering bribes."
Manager Qi said with emotion:
"It would be great if we could directly contact the person behind the scenes. I can help you think of other exchange terms. Opportunities are rare and will never come back. If you don't seize the opportunity now, where will you find such a good opportunity in the future?"
Fan Wumian said happily:
"That's right. Anyway, I have already offended too many people, so I am not afraid of offending more."
Sitting next to her, Guo Biting was confused.
After Fan Wumian finished his work, the girl obediently accompanied him to the bathroom and tied a ponytail with a rubber band.
Although the girls he just met were very fresh, his considerate girlfriends obviously made him less worried. Noticing that Fan Wumian was absent-minded and worried, she began to comfort him for a long time.
Wait until the US stock market opens.
We were caught off guard and thrown into disarray yesterday. Over the past half day, a flood of true and false news flooded in. To a certain extent, this temporarily stabilized market confidence, and the three major U.S. stock indexes all rebounded.
However, the Dow Jones, S&P and Nasdaq indices stabilized, and the share prices of companies closely related to subprime mortgages still fell slightly. Only the unscrupulous Goldman Sachs Group won the support of investors by stabbing them in the back, with its share price rising by 6.6%.
Investors didn't care whether Goldman Sachs followed the rules or not. They only knew that it frantically shorted subprime mortgages, reducing its own risks, and therefore its stock price soared.
After learning about the backstabbing of Goldman Sachs last night, the analysts of Fan Wumian's family office had helped him close his short positions on Goldman Sachs, so the surge in Goldman Sachs' stock price had no effect on him. After more than an hour of trading, his paper profit increased by more than 1 million US dollars.
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Haven't had time to be happy yet.
An anonymous email popped up in the lower right corner of Fan Wumian's screen.
There was a photo of him in the email, with a bullet hole in his head, and below it was written in big, bold red English: "Cooperate or die?"
Judging from the time, the staff in the United States have already arrived at work.
Faced with such a straightforward death threat, Fan Wumian sneered. Having been a star for such a long time, he had seen all kinds of scenes. The threatening letters he had received were enough to fill a small box.
Since they would go to the trouble of sending a threatening email, it means there is still room for negotiation.
After a brief consideration, he replied:
——"Marvel and Aston Martin?" More than half an hour later, the anonymous email replied:
——"As long as you don't cooperate with the Chinese government, it will be impossible to acquire Jaguar, Land Rover, and Aston Martin for $25 billion, but $30 billion is negotiable."
More than two hours ago, Manager Qi was asked to contact Ford Group. The fact that the other party received the news so quickly was enough to show that Fan Wumian was really being targeted by certain forces.
The offer of US$30 billion was very reasonable, even slightly lower than the market valuation, but Fan Wumian was still torn. He simply wanted to sell, but did not want to spend a large amount of cash on the car manufacturing business too early.
If Xinhua Insurance were to invest part of the money, there would be no problem.
After the merger with United China Insurance, Fan Wumian's shareholding in New China Life Insurance has further increased to 87.8%, leaving only a few old state-owned shareholders who did not take the money and leave.
Xinhua Insurance has plenty of cash on its books, and most of the profits earned from using it to build cars will belong to Fan Wumian. At the same time, it will not affect his own layout much, and the rate of return is quite good.
The anonymous email warning Fan Wumian not to cooperate with mainland officials is also very intriguing.
Naturally, Fan Wumian realized that those international hot money seemed to have misunderstood the relationship between him and the mainland officials, and seemed to regard him as a "white glove" to assist the officials in regulating the market.
He successively acquired Boshi Fund, Xinhua Insurance and United China Insurance, and had close relations with certain people during his time in Yanjing. He received strong support from above. Even if he clarified to the outside world that he had no connection with the official, I am afraid those foreigners would not believe it.
This indirectly explains why the dealers behind the international hot money have been able to tolerate Fan Wumian's continuous reduction of holdings, and only started to warn him now that he is standing on the edge of a cliff.
Fan Wumian had many guesses in his mind about who was behind the threatening email.
Unfortunately, the source of the 300 to 400 billion US dollars of hot money in the A-share market is too complicated. Until now, he has not figured out who is responsible for leading the plan to explode the A-share market. He only vaguely sees the shadows of Goldman Sachs, Morgan Stanley and Citigroup. It seems more like multiple forces have acted together tacitly, hoping to use the US dollar tide to acquire the mainland.
The market makers behind this international hot money have spent so much effort to invest in A-shares, and they will certainly not give up without making some money.
Thinking that a short pain is worse than a long one, and that it was indeed time to withdraw, Fan Wumian considered it seriously. Fearing that he might be caught, he only replied in the email with one sentence:
——"Send a representative to talk it over with my people"
The next morning.
Fan Wumian showed up at the Hong Kong International Airport in a swagger and flew straight to Yanjing.
Stabilizing the A-share market is such a big issue that we can't just give up. It is inevitable to find someone to explain the situation clearly and then get rid of the mess.
It’s not that Fan Wumian gave up halfway, but the situation was too difficult. He was targeted externally and criticized by shareholders internally for "being ugly", so he was not pleasing to both sides.
If this continues, I might really have to hang myself.
Look at it from another angle.
There are still a lot of unused policies in the "toolbox", including allowing some official enterprises to increase their efforts to reduce holdings and cash out, further increase stamp duties, and raise interest rates.
If Fan Wumian continues to stabilize the market, he will have to sell off high-quality stocks such as Maotai and Wuniangye. He has no money to hold on, and is in a situation where a good cook cannot cook without rice.
When the private plane landed in Yanjing, he did not return to his courtyard, but went to talk to a few think tanks and briefly explain his situation.
Took some time to finish the chat.
No one is forcing us to do anything, but there are some practical issues that have to be considered.
The head of a research institute, who is also an expert in economics, only wanted to thank Fan Wumian for his great efforts and for controlling the A-share bubble very well.
During the chat, this economics expert also mentioned to Fan Wumian that there was no way to guide the overheated market sentiment, and it would be best to make some preparations in advance, considering how to use the cash on hand to stabilize the market and be the first to get rid of the shadow of economic recession when the subprime mortgage crisis and financial crisis break out.
Fighting against hot money everywhere made every day feel like dancing on a tightrope. After deciding to get rid of the trouble he had brought upon himself, Fan Wumian breathed a sigh of relief.
I could vaguely hear that this think tank had something else in his words, and he seemed a little helpless, but he didn't dwell on it and asked how he planned to further stabilize the market.
You can probably guess that whether it is a hard landing or a soft landing, it is still a landing.
The situation is rather complicated, with undercurrents surging underwater. Even if the "toolbox" contains a lot of clever ideas contributed by think tanks, it is still unknown whether they can be used.
Nothing happens and everything is light.
After Fan Wumian said goodbye and left, he went home to take a nap, and then made an appointment with Gao Yuanyuan, who lived in Yanjing, to come over for a small gathering.
(End of this chapter)