Tuesday, March 11th.

Among the financial news on Wall Street, another bad news came out that Credit Suisse Group, an important partner of Bear Stearns, required its traders not to be allowed to handle transactions related to Bear Stearns.

In fact, this is a malicious distortion of news.

In fact, the origin of this news was that many hedge funds went to Credit Suisse's brokerage business department and asked Credit Suisse to accept their trading contract with Bear Stearns.

Later, Credit Suisse sent an email to its stock and securities traders, requiring all transactions involving Bear Stearns and other unconventional businesses to be approved by the credit risk administrator.

This instruction was passed to traders in other companies, but it completely changed its flavor and had a huge negative impact on Bear Stearns.

This incident is reflected in the stock market, which is a decline in response to the sound.

Huang Xiuyuan's 84 million meter yuan yesterday, using twice the leverage to short, naturally made a big profit.

Bear Stearns closed today and plummeted 13% again, allowing him to make a profit of about 21 million yuan, and the amount of funds he possessed further increased to 105 million yuan.

However, at the close of today, he gave up on shorting and stopped to wait and see. Even if the cash flow of hundreds of millions of meters has been reduced through dozens of accounts, the guys on Wall Street have a very sensitive nose.

...

New York.

Goldman Sachs headquarters building.

In the president's office, an old man with a round face in the Mediterranean was meticulously looking through the documents.

There was a knock at the door.

"Come in."

A middle-aged white man came in: "President Raulder, the plan was very successful, but some small fish came in."

The old Mediterranean man didn't mean to raise his head and asked plainly: "How many are there?"

"About 800 million to 1 billion, about half of which are overseas funds, and the accounts are relatively scattered, so there should be a few small groups of hot money."

The old Mediterranean man stopped the pen: "Is this how?"

"Will the arrangements for tomorrow be adjusted?" asked the white middle-aged man cautiously.

"Are you sure?"

"It has been confirmed that Schwartz will make a clarification speech on CNBC TV tomorrow."

The old Mediterranean man squinted his eyes: "Then there is no need to illustrate. I will post another news in the afternoon, and you can arrange other things."

“OK.”

The setting sun in New York, and the beauty of Shanmei on the other side of the ocean is broad daylight.

Due to staying up late to operate the business, Huang Xiuyuan took a break for the whole morning and went to the headquarters office in the afternoon. When he passed by a factory building, he specifically checked the progress of the laboratory.

The infrastructure of the original factory is relatively complete, and the progress of laboratory construction is much faster than expected, and the construction period may take less than 75 days.

After reading the laboratory progress, he came to the second floor office of Building 2 of the factory. Lin Baijie was the same office as him, but his office was inside.

Seeing Huang Xiuyuan coming in, Lin Baijie hurriedly stood up and reported to him some recent situations: "Mr. Huang, Fuguo has booked 10 gas generator sets in Shengdong. This is a copy of the contract that he faxed back this morning."

After taking the documents and looking through them, the purchase price was 8.5 million yuan, 10 500-kilowatt gas generator sets, plus a set of spare parts and maintenance tools, Shengdong promised to have three years of insurance.

"No problem, just follow this contract."

"Mr. Huang, the company's funds are a little insufficient." Lin Baijie reminded again.

“How much liquidity is left?”

Lin Baijie took out a financial statement: "In addition to the money from the previous contracts, plus the 36 million land purchases a few days ago, 6.8 million transportation vehicles were purchased, and the first phase of the Guizhuling Industrial Park factory in the bidding period, it may require about 30 million to prepare, and about 10 million garbage disposal equipment, plus the 8.5 million gas generator set just now."

Speaking of this, Lin Baijie became a little nervous, and these projects have earned 90 million yuan. At present, the working capital of Suiren Company has dropped to only more than 8 million yuan.

Huang Xiuyuan was very calm: "There are more than 8 million left, so there is no problem. I will inject capital into the company before the end of the month, so you can just let it go."

Although the chairman swears, Lin Baijie didn't see the funds for one day and couldn't sleep or eat all day.

"By the way, there's one more thing."

"Mr. Huang, what's the matter?" Lin Baijie took out his pen and notebook.

Huang Xiuyuan directly instructed: "Although our company is not big, we can arrange the matters of the subsidiary, separate the garbage removal business and establish a subsidiary; and in terms of gas sales, we can also establish a subsidiary."

"No problem, I'll complete the registration before the end of the month."

The two discussed other businesses, and he went to the software laboratory to discuss the company's official website and the industrial software platform that is being improved with Lu Xuedong.

Several programmers and engineers involved in the improvement told him some questions. It was busy that it was over 7 o'clock in the evening again.

Huang Wei often drove home.

After taking a shower and having dinner, it was almost morning in the United States.

Bear Stearns shares suffered a heavy blow due to rumors, and its executives believed that the company must issue another announcement to clarify matters about Credit Suisse Group.

March 12, Dongmi time at 9:42.

CNBC Business Channel posted a conversation with Schwartz, saying: "Maybe because Bear Stearn is a major participant in the mortgage business, some people speculate that there is a problem with the company. But none of these speculations are true..."

Next, the program will start to broadcast good news from Bear Stearns, such as the company's sufficient cash reserves and the company's profits in the first quarter.

Huang Xiuyuan, who was watching the live news, suddenly narrowed his eyes. This situation was different from what he remembered.

If he remembers correctly, Schwartz's conversation, when it comes to the company's cash reserves and the company's profits in the first quarter, will be interrupted by the intermittent news.

Interestingly, the content inserted by CNBC is a scandal of New York Governor Elliott resigning for prostitution.

There is no "interstitial accident" now, and the fruits here are indeed very deep.

He looked at the stock market of another laptop. Originally, Bell Stearns plummeted by about 6.3% at the opening. As soon as this news came out, long orders suddenly surged wildly, and turned green in just about five minutes (rice stocks rose green and fell red).

Huang Xiuyuan moves very quickly and uses his own cash to quickly make long orders.

In the next hour, Bear Stearns' stock price soared. Although the bears tried hard to suppress it, they were still unable to turn the situation around.

Bear Stearns' stock price has soared to +10.2% from -6.3% at the opening to around 10:55 am.

The madness is not over yet. At around 12:37 noon, Bear Stearns' stock price actually returned to its annual highest level of 71.24, soaring by 28.3%, comparable to a roller coaster.

At this time, Huang Xiuyuan quickly sold all the long orders. Although he bought long orders, he only invested more than 60 million due to the rush of time, but made a profit of 17.34 million.

The reason why he chose to sell was mainly because he knew the general environment of the subprime mortgage crisis, and Bear Stearns would sooner or later fail.

Moreover, those guys on Wall Street must have planned to clear the market, because after Bear Stearns' stock price reached 70 yuan, the number of long orders sold is increasing, while short orders are also rising steadily.

The roller coaster at the opening market probably broke out many high-leverage shorts.
Chapter completed!