Start with a Cat and Mouse Game

Chapter 1145: who got in the way

Remember [New] for a second,! After this report discussing Li Changheng's net worth came out, countless people almost had a heart attack in astonishment, but it was once again reflected on the stock prices of several companies controlled or held by Li Changheng.

Li Changheng clearly knows that the media reports on his wealth must be from Tongyong Electric, Fuguo, and Dalmore.

The partnership uses some investors, some blindly worship and trust their own earning ability, and raise the share price of Qualcomm Ningbo Electric.

But even if he knew the cause and effect, he could only suppress his dissatisfaction, did nothing, and couldn't do anything.

Because his wealth is also rising, standing up and speaking ironically at this time will not only ridicule and attack him.

Even supporters will feel that he is against all shareholders, as well as shareholders who are looking forward to Tongyong Electric's surge.

And if he only finds trouble with the editor-in-chief and reporters of the newspaper, even if he gets angry, he will be ridiculed that he cannot even find out who the mastermind is.

As for the previous worry that someone will short Citi.

Before he joined the electric company, when Citi's market value exceeded 30 billion, some people did try to sell a few large shares of Citi.

But the market was eating up those shares too quickly, causing the bears to immediately hesitate.

Worrying about the market value of 30 billion is not the peak of Citi's rising period.

If the timing of shorting is not right, it will be against all investors in the entire market who are optimistic about the future of Citi.

After the news of Li Changheng's entry into the electric company came out, the short position was immediately reduced by more than half.

The reason is not only worried that Li Changheng has a way to stabilize Citi's shares, but also his influence and power at this time spanning banking, finance, military industry, media and other fields.

It can be said that Li Changheng at this time is the most powerful person in the United States.

In addition, he was able to force several consortia to cooperate with him for the sake of profit while he mastered Citi.

Unless the shorts themselves have no blemishes, it is unknown whether they can succeed in shorting at this time, but the strength of shorting Citigroup will definitely be in huge trouble in the future, even lasting for many years.

This time, at least half of the bears gave up.

The remaining shorts, who had not given up, soon found out that the market was too bullish on Citi's prospects.

Even if they wanted to short Citi, it would be difficult to build a sufficient number of short contracts.

Even many brokerages, when they hear that someone wants to short Citi, the first reaction is that the other party is crazy.

And even if a brokerage is willing to lend stocks to short positions, the margin amount will be directly increased to 50%, and the brokerage that is willing to give the highest leverage is only willing to give 5 times.

While this makes the bears dumbfounded, they are also very clear in their hearts that under the premise of 50% margin, if you want to use leverage to short, the funds you need will increase exponentially.

The last straw that crushed several diehard shorts was Li Changheng holding $700 million in cash.

With enough cash in hand, the difficulty will increase countless times if the bears want to make a surprise attack.

700 million US dollars is enough to eat 2.3% of Citi's total shares, and then as long as Li Changheng is given half a day, Citi, Morgan Stanley, Wells Fargo and other banks will definitely dare to lend him a huge sum of 1 billion or 2 billion.

When the market opened in the afternoon, all the bears who gave up were extremely happy and fearful that there was news in the market that many funds and investment institutions were secretly contacting Li Changheng.

No need to guess, there must be a broker who leaked the news, or someone in the short position intends to surrender, using this method to force the partner to give up.

As for why the fund contacted Li Changheng, it was nothing more than wanting to hand over the money to him, swallowing up the funds in the hands of the short sellers with the capital advantage, and by the way, eyeing the stocks in the hands of the short sellers and brokerages.

Generally speaking, to go short, you must first have stocks in your own hands, or borrow stocks from a brokerage.

And securities companies either have the target company's stock in their own hands, or they can only borrow stocks from the same industry.

If you can't borrow it, you will take out the stocks of other customers and lend them to short sellers. This is also the main reason why futures must have margin.

Because the initial payout is the security deposit.

The margin is gone, and the shorts should continue to pay the brokerage, or the brokerage will directly close the position.

After the stock is borrowed, bad news spreads in the market, causing panic among retail investors, and then large sell orders appear, which will exacerbate the panic in the market.

Shorts can buy stocks at a lower price and return them to the broker, earning the price difference.

Leverage is to increase the amount of funds, but the risk will also increase exponentially.

Therefore, in the event of a crash or a surge, even the brokerage itself is likely to fall below the pre-set closing price before closing the position.

Even if the principal is lost, the brokerage will lose money.

Once the strength of the brokerage is not enough to lose money, the stock is also a kind of negotiable instrument, and it must be paid to the bulls.

When the bears got the news, even the retirement and pension funds of the United States, which could easily spend billions of dollars, contacted Li Changheng and immediately persuaded him.

It's a pity that this group of people sold a few large shares before, and when they tested the market's reaction, they had already exposed themselves.

And Wall Street is really not big. After looking for a relationship and making a few phone calls, Li Changheng can easily know who is the biggest short of funds.

But what he did not expect was that the opponent was actually a bank in Panama.

There is no need to investigate, Li Changheng knows that this bank is the role of a trader, not a real opponent.

Ask Tyler Garnell to try talking to someone at the Bank of Panama, and the word comes back quickly.

After listening to Taylor's report, Li Changheng frowned.

Thinking about it carefully, based on the files established by dea that I have seen, I think that this bank is a capital transfer station for several flour merchants in Mexico and South America, which is used to launder banknotes.

In other words, are there really flour merchants who dare to provoke themselves?

No matter what Li Changheng thinks, he thinks it shouldn't be.

Now that he had doubts, Li Changheng quickly thought whether someone wanted to direct his attention to the flour merchant.

Even looking forward to a conflict with the flour merchant ~lightnovelpub.net~ to achieve some kind of purpose?

When you think about it, it doesn't seem impossible.

Then the question is, who dares to calculate himself.

Who have you offended in the last year or two?

In other words, who is blocking his way.

Li Changheng, who couldn't understand for a while, quickly used the exclusion method.

First determine whether there is really a flour merchant who dares to calculate himself.

Since the last U.S. general barrel signed a bill that must be reported for $10,000, the U.S. thought it would be able to jam the neck of flour merchants.

Unexpectedly, it led to more South Americans entering the United States.

The reason is very simple. Since there is no need to report for less than 10,000 US dollars, then find some South Americans who have not experienced well, and establish a large number of accounts in banks in several southern states of the United States.

Then, in the form of remittance, the money of less than 10,000 US dollars is nominally remitted to the family in South America, secretly walks out of the bank, and will be handed over to the flour merchant.