mesbooks Chapter 434 Who exactly is Silver Lake Investment?
Chapter 434 Who exactly is Silver Lake Investment?
"This is a good thing! The fact that they are preparing to deliver the shares means they are panicking too. We just need to take this opportunity to drive up the stock price and then we can reap the benefits from Chuanyin."
A glimmer of hope flashed in the eyes of the JPMorgan Chase representative; this might be their chance.
But the representative from Sequoia on the other side immediately poured cold water on his enthusiasm.
"No, actually they were already accumulating shares using other small accounts while they were dumping them..."
Furthermore, our board of directors has already held an emergency meeting and demanded that we provide a loss mitigation plan within three days.
"Stop the loss? Stopping the loss now means losing 60 billion, and this is a Chinese citizen. We can't decide when to stop!"
"But if we don't cut our losses, we'll lose 100 billion?"
The heads of several investment banks got into an argument, but they all reached a consensus.
In this small-scale financial war, the losses are America's, not theirs.
Moreover, with the 08 financial crisis as a cautionary tale, no one will go too far, but ultimately there will be losses. Could it be the investment banks that can hold the Federal Reserve accountable...?
So, without any communication, everyone lit a cigarette together, and the smoke rose into the air.
The Goldman Sachs representative picked up the remote and turned off the scrolling stock prices on the big screen; no one stopped him from doing so.
After a moment, the Sequoia Capital representative raised his hand: "Vote! Raise your hand if you agree to stop losses."
At first, some people in the meeting room were pretending, but as the cigarettes burned out...
Ironically, Goldman Sachs, which had initially been steadfastly holding on, was the first to raise its hand, and the other firms quickly followed suit.
That afternoon, five investment banks simultaneously liquidated their positions, and TSMC's market-stabilizing funds were completely withdrawn.
Huang Tianya sat in his office, staring at the massive sell orders that suddenly appeared on the screen, and a twitch appeared on his lips.
"They cut off their own flesh."
"All positions were liquidated; sales were being conducted regardless of cost."
While it's said to be regardless of cost, there's actually a sequence involved: pushing up the price while simultaneously dumping shares to let retail investors take the fall.
Although some people wanted to boldly short the market, Huang Tianya ultimately chose to give up his chips.
After all, he has enough chips to manipulate the market; their goal is to minimize losses, not maximize them.
After the funds supporting the market withdrew, TSMC and Samsung were completely abandoned.
"I'm ready, let's start harvesting."
Huang Tianya also stood up and assigned tasks to everyone: "We'll start harvesting and prepare to deliver the short orders."
Then they continued to lie low.
Yesterday morning, in the conference room of Transsion Investment Department.
Huang Tianya reported the final settlement list to Shen Fei.
The total principal spent on shorting TSMC and Samsung was 65 billion, with a leverage of four times. The profit this time was 87 billion US dollars, and there are still some stock chips.
After deducting interest and fees, the net profit was around $84 billion, which is equivalent to the emergence of a new mining base.
The assistant standing nearby said, "Mr. Huang, the intelligence from over there has also come out. The American investment bank's total loss this time is less than nine billion."
Many retail investors on Wall Street are already vehemently criticizing these investment banks, believing they are responsible for their losses!
"Human desires are endless; it's their greed that's causing this!"
……
Meanwhile, back home, Shen Fei and others, upon seeing Huang Tianya's profit figures, once again shed tears of envy.
"Mr. Shen, how many chips do I need to sell?"
"I'm so grateful that our smart home division has managed to save so much money this year."
"This stuff is risky, but it makes money really fast. No wonder everyone abroad is touting finance..."
"Old Li, with your skills, forget about mastering finance, you're just another sucker for those 'newbies'!"
"Hey, people are making personal attacks. We're in the chip industry, not in investment. We know our own level."
Everyone burst into laughter, after all, this money was for baiting the nest.
Shen Fei's attention quickly shifted from the funds to the group of experts.
"Where has the project progressed to now?"
Li Jiahui was the first to stand up: "President Shen, we've already retained their interest with some projects, and now many people are starting to inquire on their own initiative."
"That's good!"
…………
Meanwhile, on the other side of the ocean.
Silver Lake Capital’s offices occupy the top floor of a building on Sand Hill Road.
The location is excellent, with floor-to-ceiling windows overlooking the red rooftops of Stanford University.
The investment bank, established last year, has investors covering the entire American semiconductor supply chain.
Redhill Capital contributed 20%, Qualcomm contributed 15%, Google and Microsoft each contributed 10%, Intel, Broadcom, Micron, and Western Digital also contributed, and several other established Wall Street funds pooled their resources.
His mission can be summed up in one sentence: to check and balance China's entire industrial chain.
Silver Lake is not an investment bank; Silver Lake is a weapon!
Qualcomm was suppressed by Transsion in chip manufacturing, Google's system market was seized by Transsion in Southeast Asia, and Micron and Western Digital were forced to lower prices by Transsion's storage business.
As for investment banks, there's no need to say more; they've just paid their tuition.
This was a consensus reached last year after several companies discussed it. Since they couldn't win by fighting alone, they would unite and use capital to win.
The focus of this meeting was to discuss the financing plan for rice and to conduct a background investigation on another mobile phone company called Ruiyi Mobile.
The meeting was chaired by Salt Lake CEO Mark Thompson, a former global executive in Goldman Sachs' TMT group, who was sent by Goldman Sachs to take the helm of Silver Lake.
"The rice company replied that Lei Jun only agreed to give up 30%, not allowing us to hold a controlling stake, nor allowing us to interfere with the management rights."
However, he agreed to use Qualcomm in overseas markets and Qualcomm and MediaTek in the domestic market, but he insisted on retaining 30% autonomy in choosing among suppliers in the domestic market.
But as soon as he finished speaking, the Qualcomm representative sitting opposite him gave a cold laugh.
"Who does Lei Jun think he is? The flower market gave him 30% autonomy, which is like leaving a backdoor for the Transsion chip."
What we need is an obedient dog, not an ambitious person.
"To put it bluntly, he wants to profit from both sides, using our money to build his persona with Transsion's chips."
"Then why should we vote for him?"
"While helping him grow his business, are we also having him secretly use telepathic communication to send money to the other side, so that he'll attack us?"
Thompson pushed the rice file aside, and the others nodded silently. This kind of traitor with his own ideas could not be considered as a first choice.
"Determined to move forward."
The founder, Lu Mingyuan, is the son of a former B-level official in China.
Previously, when they tried to forcibly acquire a stake in Transsion, they used their family's influence to put pressure on Transsion.
As a result, Shen Fei directly retaliated, and Lu Mingyuan's entire family was investigated. His father, who was originally a half-step... was completely stripped of his position and is now holding a sinecure in the CPPCC.
However, even a weakened camel is bigger than a horse; Lu Mingyuan also started his own business, a mobile phone company. Currently, its shipments aren't large, with a market share of around 3%!