Winner Takes It All, Resurrection 2009
Chapter 768: Blackrock Appears
“Are the people coming?”
After returning to Shanghai, the market was deadlocked with Wall Street in the energy futures market for a few days, but this time the fight did not continue at the $120 mark.
With traditional US capital actively trying to save itself, Wall Street can no longer hold the $120 mark, and can’t come up with effective means to curb the bloodbath in the futures market.
Because all plans will be rejected by the artists controlled by Hepai. The reason is simple: America lost in the energy market, but Hepai reached a private agreement with Dongda and Ou Meng.
The He faction can replace the Zhu faction and continue to control more than half of the world’s energy, mineral and food pricing power, and the shale oil projects controlled by the He faction can also continue to survive.
A typical case of everyone losing and the individual group winning.
Wall Street is furious, but it has no more ways to mobilize the power of integrated America, let alone use the mold that is powerful enough to reverse everything to turn the tide.
Unfortunately, Sita Capital Group and other financial institutions under its control and influence have not been able to directly build large-scale positions to hedge risks because there are not enough buy orders in the market to execute.
If someone counts the positions of buyers and sellers during this period, they will find that more than 75% of the more than million long positions traded in the New York Stock Exchange and Chicago came from Wall Street.
The remaining 20% is held by international hot money, and the last part is the orders held by various economies to hedge risks (individual investors have been discouraged by the high margin).
Such a large-scale market position indicates that it is actually impossible for major Wall Street investment banks to switch to short selling to hedge risks.
Because Oumeng, Dongda, Jiaobenji, traditional American capital and international short sellers led by White Elephant have become blood-thirsty, the funds used to pass through the financial institutions of various economies.
All funds will eventually be remitted to the primary trading market controlled by Wall Street. Now they are directly intercepted at banks, securities companies and futures secondary and tertiary trading institutions, such as the fund level.
There is no shortage of people shorting and longing in the market at any time, but this time the various economies are determined to compete with Wall Street, so they are directly strangling Wall Street’s lifeline at the source.
Once institutions input buy and long orders into the secondary and tertiary trading markets for tens of thousands of funds, they will never be transmitted to the primary market for display because the exchanges in various economies have been authorized with unlimited money.
That is, all buy long orders will be authorized by the exchange to automatically generate a corresponding short order within 0.002 seconds, which is equivalent to unlimited matching, no matter how many people are long in the secondary and tertiary markets.
Will be swallowed up by big capital in an instant.
Within 24 hours, the corresponding financial institutions will come forward to transfer margin to the exchange and take over these long orders in the form of capital contribution.
The situation inside Dongda is even more outrageous. More than 60 core group companies, led by the State-owned Assets Supervision and Administration Commission, the strategic reserve department, Huijin Investment Co., Ltd., the proprietary departments of the five major banks, Qingyun Group, and the two oil companies, jointly applied to the Shanghai, Zhengzhou, and Hong Kong stock exchanges for guaranteed capital inflows.
Supported by the Big Five, HSBC, Minsheng Financial Holdings, BOC Hong Kong, Zhongxin Bank and other super banks, in short, these more than 60 groups jointly shorted.
No matter how many bullish orders there are in the market, we will buy them all and transfer the money from a special bank account afterwards. The money will be remitted in the form of bank loan guarantees, and there is no upper limit on the amount!
The special documents issued by the Ministry of Finance and the central bank did not mention any specific upper limit at all. They only required that financial institutions, while providing financial support, should strengthen financial supervision and the subsequent allocation of funds.
Everyone knows that this is an economic war that cannot be lost. If it fails, it means that Dongda Industrial Manufacturing will have to pay an additional few hundred billion US dollars in costs every year in the future.
This is not the most terrifying thing. As we all know, chemical energy is the foundation of modern industry. The revolution driven by electricity and internal combustion engines concerns the employment and taxation of hundreds of millions of workers upstream and downstream.
Without crude oil, or in other words, without control over energy sources and pricing power, the industrial lifeline of Dongda is equivalent to being held in the hands of others, who can control its life and death at will without any temper at all.
Fortunately, all parties saw the horrible outcome of failure this time, and they gritted their teeth and fought back and forth with American capital. Even the Chinese side tried to pretend to obey but actually disobeyed.
On the surface, Wall Street has sent people to knock and supervise the operations of the financial institutions on the spot. They can no longer cooperate with all parties in China, but their huge overseas capital has been firmly shorting.
In addition, traditional US capital turned from long to short at the most critical moment, which was the final nail in the coffin for Wall Street’s complete failure. No matter how hard it struggled, it could not reverse the situation that was already doomed to fail…
“The price of $110 has already appeared. Now is the critical time to make a complete success in one fell swoop. We should use the crude oil that has no one to take delivery of in January and February to sell it in conjunction with the strategic inventory.”
In the Qingyun Group’s high-level meeting room, Li Zehua inquired about the situation of the visitors from Yanjing. Upon learning that they had already arrived downstairs of the company, he spoke first: “It’s time to decide the outcome…
By the way, have the representatives from the two oil companies come? Now is the time for you to announce your entry into emerging markets. Sell as much as you can, and get the spot price to $60 first.”
“Here it comes.” The oil company’s big boss still had doubts, “But if we do this, we won’t be hit and retaliated by the US capital next time, right?”
“The law does not punish everyone. If the US wants to retaliate, it should first defeat Europe’s energy companies.” Li Zehua said a few words and then made a witty remark, “The stock prices of oil companies have fallen sharply recently, right?”
“It’s OK.” The president of the oil company was a little puzzled. Their company was a state-owned asset and they didn’t have to worry about temporary rises and falls.
Moreover, from the time when the stock market created the myth of a market value of HK$9 trillion when it was listed to today, it has been falling all the way. Even the most resilient investors have lost their patience and are trapped in a deep pit, making it difficult for them to escape.
There has been a series of declines recently, and the stock price is simply terrible.
“That’s good, everyone here is our own.” Li Zehua said straight to the point: “To be honest, Qingyun Industrial Fund and Investment Company have already used the past year.
We successively bought 40% of the outstanding shares of the two oil companies in Hong Kong. I won’t mention the specific cost. We were the ones who dumped the stocks during this period, and we were also the ones who made secret acquisitions.
As of today, we have about 45-46% of the circulating shares in hand. I would like to ask the two CEOs to increase capital again in the name of expanding production. I have already informed the State-owned Assets Supervision and Administration Commission, so there is basically no problem. “
“Boss Li, what are you doing?!” The CEOs of the two oil companies became more and more confused as they listened, “Are you planning to raise the price?”
He was very depressed but helpless, because none of the people present was weaker than the energy sector. Li Zehua dared to bring it up in public, which meant that he had naturally reached an agreement on an exchange of interests with the core group.
Unfortunately, the bulk of the profits are destined to go to everyone present here, rather than the two oil companies themselves, so the two CEOs are not very willing to agree.
“It is better to share happiness with others than to enjoy it alone.” Li Zehua said with a smile: “The ten economies in Southeast Asia, plus the vast markets in South America and Africa, especially the refined oil market in Central Asia, and the 20% market in South Korea that will be vacated.
If the two oil companies feel that their interests are being damaged and do not want to share with everyone the dividends of this round of business expansion and development cycle of more than 50%, then I think everyone here does not mind setting up a new overseas crude oil group. “
Buying stocks of the two oil companies is not Qingyun doing good deeds out of kindness, nor is there any intention to help the two oil companies stabilize their stock prices and take credit for it. To put it bluntly, it is just to make money!
Everyone knows that when the two oil giants went public, their combined market value exceeded US$8.9 trillion (PetroChina alone had a market value of approximately RMB 8.4 trillion at the time, and Sinopec was listed in many locations, with some saying its total market value was approximately RMB trillion).
But now, six years have passed, and the combined market value of the two groups has lost more than half. If nothing unexpected happens, in another ten years, the two groups will fall back to their original prices.
Well, the total is still more than 2 trillion, but the currency unit has changed from US dollars to RMB (I sympathize with the investors who are standing guard at high positions).
But now, the biggest variable has emerged.
First, the large-scale export of RMB overseas needs a perfect foothold. The first phase of RMB international bonds has been issued, and economies from Europe, Southeast Asia, West Asia and South America have snapped up 1.3 trillion RMB. Among them, Southeast Asian economies alone took about trillion shares (including loans) to participate in bilateral international trade settlements. For Dongda, bypassing the US dollar settlement system is a foregone conclusion.
Once there is a chance of a second one, as the RMB goes abroad on a large scale and integrates into the world trade settlement system, the economic department of the University of Tokyo is also worried that if the money is allowed to circulate between financial institutions in various economies, there is no guarantee that something will happen.
After all, the financial industry is best at taking advantage of loopholes. What if such a large amount of funds is targeted by American capital and used to smash the offshore foreign exchange market of the RMB?
Under this premise, the stock market, especially the Chinese stocks listed on overseas trading markets, has become the digestion market chosen by the Ministry of Finance and the central bank!
The problem is that Chinese stocks listed in the U.S. cannot support this important responsibility, and Wall Street will never allow the New York Stock Exchange to accept RMB settlement, as that would be tantamount to handing over the dollar’s world hegemony.
Therefore, the only external markets that Dongda can target are Hong Kong, Singapore and London markets, the latter of which have controlling stakes in the precious metals, energy and grain secondary trading markets controlled by Dongda Capital.
As for the first two, there are many high-quality domestic companies listed, but the Qingyun Group has been suppressing its approximately 800 directly affiliated subsidiaries and is unwilling to go public at the moment.
As a result, about 40 domestic companies listed on the Singapore Stock Exchange are unable to bear the burden of absorbing most of the overseas RMB. Yanjing has to settle for the second best and focus on selecting suitable targets in the Hong Kong stock market.
The second point is even simpler. After searching for a long time, it happened to be during the energy futures war, so the two oil companies were directly selected, along with the three major operators, the five major banks and many state-owned capital listed groups.
Huijin Investment, the central bank and the three major policy banks have already grabbed a good position. Under the premise of absolute confidentiality, they have aggressively bought up these high-quality assets and then waited for various capitals to pull them up.
This round is destined to eat up the money from insider information because it includes infrastructure construction, road transportation, telecommunications, electricity, water supply, energy and other pillar industries.
Dongda is destined to usher in a new round of business surge, including the entire Southeast Asian market and South American market, as well as Central Asia, West Asia, and Eastern Europe, which will soon be included in Dongda’s external expansion route according to the plan.
The huge demand is enough to bring a new round of performance explosion to the participating major Eastern enterprises, especially the two oil companies, which benefit the most directly. In Singapore alone, they have obtained approval for about 3500 million tons of crude oil refining capacity.
In Indonesia and Siam, it also obtained new business of this amount. Even in Central Asia, due to the strengthening of economic ties with the big cat, it also obtained about 500 million tons of refining business for the first time.
All these things indicate that the two oil companies and related business enterprises are about to usher in a new round of development and take-off. A supermarket far beyond the domestic market of Dongda is opening its doors to Dongda enterprises.
As the saying goes, financial investment is about expected development. At present, various cooperation projects have not been announced, and the stock prices of various companies have fallen to a pulp, and they are all half-dead.
But once the news comes out, referring to the expected future earnings, even the two oil companies with a market value of trillions will have to double their prices, until American capital and European capital start a big fight in Eastern Europe.
By then, all the global capital fleeing for safety will rush into Asia and Southeast Asia like crazy. Even according to the most conservative estimates, the two oil companies will be able to return to their peak within two years.
The market value is 9 trillion plus 8 trillion, and it will remain at this super high market value for a long time (in order to accommodate more and more RMB going overseas and become a capital sedimentation pool, the listing of Qingyun Group and its allied groups will also be arranged into the plan).
What concept?
Don’t be fooled by the fact that many small and medium-sized funds can easily offer individual investors hundreds of percent or even dozens of times the rate of return. The problem is that only small capital can be used for speculation. Who can generate hundreds of billions of returns with tens of billions of dollars?
Unless it is a financial decisive battle like the one now in which almost all global capital participates, any trading product with tens of billions of dollars of capital can make you a well-deserved banker.
Seeing this situation, the opponents would have been scared away. Without opponents, who would they make money from?
Therefore, the real financial giants either control the exchanges and use quantitative trading strategies to continuously reap the benefits and make hard-earned money. As long as they participate frequently, they are guaranteed to make tens of billions of profits throughout the year.
Either you grow together with the world economy and ensure that the profits you earn exceed inflation, and that’s victory. If you want to double your billions of dollars, you have to find a sucker to be your opponent.
So when the CEOs of the two oil companies heard that Qingyun Group had mobilized countless accounts and spent more than a year to buy half of the outstanding shares (the shares had been falling all the time, and many people could not bear it and sold their shares at a loss, and even the funds that knew some inside information were taking the opportunity to sell frantically to stop losses), they realized that Qingyun Group had mobilized countless accounts and spent more than a year to buy half of the outstanding shares (the shares had been falling all the time, and many people could not bear it and sold their shares at a loss, and even the funds that knew some inside information were taking the opportunity to sell frantically to stop losses).
It was clear now. The dream of getting rich was shattered. Originally, my family ate alone, but now everyone shares it.
Unfortunately, they didn’t even have the courage to refuse, because Qingyun had bought up all the overseas floating shares of state-owned listed companies above a certain scale!
Including the three major operators, the five major banks, and others such as ocean shipping, shipbuilding, high-quality local banks, securities companies, State Power, Water Group, and Construction Engineering.
Anyway, as long as they are available and the price is right, everyone buys them without exception and waits for the price to skyrocket.
If someone else bought so much, they might be pressured by all parties to sell in bulk at a low price. After all, high-quality assets are destined to rise in value, and you have to have the life to buy them and the life to spend them.
If you don’t have the ability to play at a high level, the ending is bound to be bad.
Coincidentally, the vast majority of Qingyun Industrial Fund’s shares are held by the big guys and big groups who have control over the resources!
Li Zehua is also determined to make Qingyun Industrial Fund a world-leading super fund. In the past three years, he sold 95% of the fund’s shares in one go (shares held on behalf of others).
It is clear that the intention is to bring all the powerful big players on board, and whoever wants to touch him will have to weigh the consequences.
The CEOs of the two oil companies are very embarrassed right now.
Agree? If the stock market value of the two oil companies rises to 20 trillion RMB in the future, more than 80% of the profits will be eaten up by Qingyun Group and its allies, Huijin Group and CICC.
Damn, this is not just hundreds of billions or trillions, this is tens of trillions of RMB. It is the dividend brought by the country’s economic development, it is the dividend brought by Tokyo University’s entry into the world and becoming an order-maker!
Do you agree to it?
Look at the fanaticism in the eyes of the CEOs of these big groups here. If they dare to say no, everyone will pounce on them without hesitation and tear their opponents to pieces.
Just as Li Zehua said, in the face of such huge profits, everyone does not mind joining together to establish a new energy group to develop overseas markets and ensure that everyone’s common interests are not harmed.
If the two oil companies were taken separately, they would indeed be super giants, with two million employees, a market value of trillions, and a network of relationships spanning all over the world. Who wouldn’t be scared when seeing this?
The key point is that in this conference room, there are more than a dozen companies of comparable size to the two oil giants. Compared with them, the two oil giants are the weaker party.
“Since there are no objections, then let’s happily decide. Who is in favor and who is against?”
Faced with Li’s domineering decision, 99% of the people present raised their hands high, and the remaining two looked at each other, and then looked at the unfriendly eyes around them.
I could only raise my hands helplessly, comforting myself in my heart: at least Qingyun Industry Fund has bought trillions of shares of other companies that are destined to make a lot of money…
As a result, Qingyun Industrial Fund, which has been buying and selling in the financial market through commercial bank mortgages, stock pledges and other means, has officially gained a foothold, even if it does nothing next.
Within five years, the size of the shares of the Dongda listed group controlled by him can also grow to an alarming scale, for example, hitting the target of managing assets of 10 trillion US dollars!
Historically, BlackRock took decades to build this fund, but Qingyun Industrial Fund may be completed in less than ten years. Even if Qingyun Holdings only holds a 5% share, it will be enough to make Li Zehua the richest individual on the planet.
“Mr. Li, all the CEOs, the deputy CEO of the institute has arrived, and the CEOs of the external affairs department and the energy department are here together. The energy selling plan will be released to the public within five minutes after Ou Meng’s announcement.”
As everyone was discussing the future growth of the industrial fund shares, they suddenly saw Gu Shijie, the deputy director of Qingyun Group, push the door in and said loudly in front of everyone… (End of this chapter)