From New York to Shanghai, from one night to another.
Nothing seems to have changed.
YIKE is still rising, and the city outside the window is still prosperous.
Philip was leaning on the balcony of the presidential suite, feeling as if he hadn't been on a plane at all.
In Shanghai, intraday trading of Yike stock is from 9:30 pm to 4 am.
In just a few hours on this third trading day, YIKE's long-short game has become quite intense.
After midnight, two major news temporarily dampened the stock price.
Nokia announced that it will continue to complain to the ITC about patent infringement of Yiko's latest two models, Mars3 and Selfy.
The ITC announced that some Apple models infringed on Nokia's patents and also imposed a sales ban.
In addition, ITC responded to the media interview and stated positively that if Mars3 and Selfy have similar problems to previous infringement models, they will be dealt with strictly and expeditiously.
With such news and capital taking advantage of the situation, YIKE's stock price plummeted to $170 from a high of 198.28, which was about to break through $200.
Then...even though the numbers were just jumping, Philip seemed to see retail investors rushing in one after another.
The stock price once again pushed back bit by bit just like the previous two trading days!
A group of retail investors left, and another group of retail investors rushed in!
The stock price fluctuates upward!
By the time Philip fell asleep, YIKE closed at $186.18 on the third trading day.
Compared with the previous trading day's closing price of $162.79, it only increased by $23.39.
How much? Not much.
Compared with the pre-market price of $184.35, today's intraday increase was only a mere $1.83.
Not much more.
The problem is that this intraday transaction was in conjunction with the heavy bad news. Not only did it not fall, it actually rose by $1.83.
When Philip saw the stock price, he thought the situation was more serious than he thought.
However, there are still different opinions within Goldman Sachs - it is now a game of beating the drum and spreading rumors. It is impossible for retail investors to persist until the end and not collapse. The rise and fall of stock prices are just the shock and washout. When bad news brews and breaks out, they can be defeated in one fell swoop.
Under normal circumstances, Philip trusts professionals very much.
only……
After three trading days, the stock price is still higher.
Who washes whom?
He thought of a Chinese saying, a dull knife cuts flesh.
Philip took two sips of wine and fell asleep with the good news that Twitter was hacked.
I fell asleep at around four o'clock and sat in the car heading to Luzhou at eight o'clock.
Phillip felt confused.
"Didn't you sleep well? It's okay, you can sleep in the car."
Fang Zhuo saw the extremely obvious dark circles under Phillip's eyes and understood: "Next time, don't stay up late to watch the market. We can't decide, so what else are we watching?"
Phillip rubbed his face and asked helplessly: "In that case, Mr. Fang, why do you still like things on Twitter late at night?"
"That was ordered by the assistant." Fang Zhuo said calmly, "I posted all the words myself, not all the likes."
Phillip's heartbeat was a little accelerated, and he suspected it was caused by insufficient sleep time.
He asked seriously: "Mr. Fang, do you know that Twitter is still inaccessible?"
Fang Zhuo nodded, still calm: "Spam Twitter, the server should spend money again."
It's obviously due to other factors, so we have to go by Twitter's official statement.
It started to rain lightly outside the car.
Philip looked at the blurry scenery outside, and suddenly felt that what Mr. Fang said from yesterday to today made sense. Things had become like this. It was not his decision, and it was probably not his decision. Everything that should be reported was reported. Henry and Lloyd
I've already made the call, just let it take its course.
The current financial battle will not last long. I don’t know whether the last straw will come from the ITC or the SEC, but it will come eventually.
Philip was silent for a while and suddenly asked: "Mr. Fang, do you think the ITC's additional ruling on Nokia's latest complaint will crush Yike's stock price?"
He felt naive when he asked this question. How could the other party answer such a question sincerely?
"Judging from the current situation, ITC's authority is invalid for the emotions of retail investors." Fang Zhuo was also looking at the rainy scene outside the window and replied casually, "At the financial level, ITC's bad news seems authoritative, but
This kind of authority that is not recognized irrationally is not authority."
Philip concentrated.
Fang Zhuo gave an example: "It's like Lloyd is the president of your Goldman Sachs. His position brings the authority of his orders. But if the order given to you now conflicts with Paulson, you are unwilling to execute it. The so-called
Is the authority of the president still authoritative to you?"
Phillip felt that authority and lack of authority were put aside, Mr. Fang, why are you so sincere...
He asked: "Do you think this situation can continue?"
Just like Goldman Sachs' internal analysis, the process of fighting cannot last forever. Even if Mr. Fang's own funds or some related funds benefit from it, Yike's company will probably be destroyed.
What’s the point of this? No matter how you make a profit, can it still compare to a promising listed company itself?
"I don't know if it can continue. Nokia and your organization are the first to cause trouble." Fang Zhuo shook his head and said impatiently, "I have said several times that I don't have the key to end it.
Have you ever seen this kind of retail investor before? Isn’t it cultivated by your institutions?”
The topic came back.
Philip fell silent again.
The convoy moved forward in increasingly heavy rain, which is why we did not take a private plane today.
"Mr. Fang, Twitter has been restored."
The voice from the co-pilot broke Phillip's thoughts.
Fang Zhuo said "hmm": "Just order it."
Phillip pretended not to hear. At this time, he strongly opposed the sentiment of retail investors, and he might be thrown off the bus.
I didn’t think about the situation again this time. I had to catch a flight yesterday and didn’t go to bed until early in the morning, so I couldn’t hold on any longer.
After an unknown amount of time, the co-pilot's solemn voice woke up the fuzzy Phillip again.
"If there is an emergency, two cars are following." Secretary Liu Zonghong received a report from the vehicle behind.
Philip was suddenly shocked. The company had taken action? This was in China!
Fang Zhuo was not worried at all and took a sip of water: "Move over and pay attention to safety."
Soon, the convoy stopped in the emergency lane with double flashes.
There were security assistants getting out of the car at the front and rear. Fang Zhuo didn't open the door, and secretary Liu Zonghong got down with an umbrella.
Two minutes later, he came back to report the situation: "Mr. Fang, the leader of Changzhou Investment Promotion, said he recognized our car from the same direction."
Fang Zhuo smiled in surprise: "What a coincidence?"
He saw that the leader over there had already got out of the car and ran over in the rain, so he also got out of the car and went forward to greet him.
Under the rain, the two sides shook hands.
The visitor is Zhao Weihua, the deputy chief in charge of business, investment promotion and other work in Changzhou.
"Come on, come on, leader, let's get in the car and chat. It's raining and it's not safe to park here." Fang Zhuo said a simple greeting and quickly asked the leader to get in the car.
The car he took today was a modified seven-seater commercial vehicle with enough space.
Zhao Weihua got on the car and arranged for Yuli's subordinates to stay in the original car and follow the convoy.
After wiping away the rainwater a little and making half a cup of tea, the two sides started to exchange serious greetings again.
When Zhao Weihua saw Mr. Fang's own remarks, he explained the whole matter clearly to avoid misunderstandings and counterproductive effects.
It turned out that when the convoy entered the expressway toll station, Fang Zhuo's car window was not closed. The toll collector recognized the convoy of the richest man and couldn't help but post a Weibo that attracted onlookers.
It just so happened that Zhao Weihua and his party returned to the city after finishing the investment promotion activities and noticed the hot search on Weibo. After calculating the time, they changed direction with the mentality of giving it a try and got on the highway in the same direction. Just as they were about to contact Yi Ke, they noticed Mr. Fang.
of fleet.
"Leader, our city has such enthusiasm for investment, why worry about companies not coming?" Fang Zhuo couldn't help laughing when he heard this reason.
Zhao Weihua waved his hand: "Hey, Mr. Fang, investment recruitment is not easy to do, and the competition between us and our brother cities is also fierce."
This month I heard that the richest man in Changzhou also sent an invitation to Yike for inspection, but was declined with the legitimate reason of waiting for the impact of the ruling.
After saying this, he looked at the foreigner he had noticed for a long time and asked: "Who is this..."
"Philip, Vice President of Goldman Sachs." Fang Zhuo said in Chinese.
Zhao Weihua was immediately surprised and subconsciously asked in a low voice: "Isn't that what happened between Goldman Sachs and Yike?"
"Sabby of Goldman Sachs, but Philip is okay and quite professional." Fang Zhuo said.
Zhao Weihua immediately shared the same hatred: "Yes, Sabi Goldman Sachs, I heard that Yike was originally a client of it, is it really short-selling again this time? There is simply no professional ethics at all!"
Yike attracted global attention last month, and he naturally knew that, and Yike was suspected of being attacked again this week, and the attention was also very high.
"Well, these institutions are very bad." Fang Zhuo nodded slightly and personally confirmed the news being spread.
Zhao Weihua followed and cursed Goldman Sachs a few times, without any intention of trying to get to know Philip.
Phillip kept a calm expression. Mr. Fang knew that he knew Chinese... scolding him in person like this... just scold him. At least he would have a good evaluation of himself.
The motorcade ran leisurely through the rain.
Zhao Weihua had an impromptu idea this time. He didn't expect to actually meet Mr. Fang himself, and he was extremely pleasantly surprised.
He took the time to introduce the city's investment policies and geographical advantages to the richest man in the mainland.
Not to mention any super big orders, Mr. Fang’s success in small and medium-sized projects is also great.
Fang Zhuo was being invited to invest by his boss and couldn't bear to refuse. However, it was not appropriate to make a decision based on such contact in the car, so he made an appointment to return to Changzhou after returning from Luzhou, so that they could have a good chat about whether there was any suitable investment.
.
Zhao Weihua is already very satisfied with his attitude towards becoming the richest man in the Mainland.
When the motorcade drove out of the Changzhou section, he repeatedly expressed his general welcome to the other party, then left and returned to his car.
Philip, who remained silent during the process, expressed emotion after Zhao Weihua got off the bus: "This kind of business negotiation on the highway reminded me of an aerial tanker. After a close encounter, I recovered and left."
"It's not easy, but here you are, Goldman Sachs, here to cause trouble." Fang Zhuo complained.
Phillip thought about the situation at home and the scolding he just heard in person, and sighed: "It's not easy."
There wasn’t much communication during the last trip.
When the motorcade arrived at No. 1 Yuhu Road, the rain had stopped.
Fang Zhuo was not polite and took Phillip to have a simple lunch in the cafeteria, then put on dustproof clothing and inspected the operation of the production line accompanied by Liang Mengsong.
Qiu Ciyun is still in Germany and is scheduled to return early next month.
Liang Mengsong also noticed the foreigner, but after knowing that he was the vice president of Goldman Sachs, he didn't care and calmly explained the current process research progress to Mr. Fang.
To put it simply, the R&D situation of 45nm is very promising, and preparations for risk trial production will begin in June.
This is not only because of Liang Mengsong’s experience in Taiwanese journalism, but also because of the continued budget allocations since the beginning of this year.
As Ice Core formed a virtuous cycle with Qualcomm and Yike, the capacity utilization rate of 65nm continued to rise in the second quarter.
The global market is gradually recovering, and there is a huge demand for smartphones. Driven by the Yike Mars series, Qualcomm's MS chips are favored by many manufacturers.
Not only Fang Zhuo, but also Phillip next to him nodded repeatedly.
"However, there is also a problem now." Liang Mengsong did not forget to mention the difficulties after introducing the good news. "We have differences in the technical direction of the subsequent process."
The smile on Fang Zhuo's face disappeared.
Ice core's research on advanced manufacturing processes is not step-by-step, but more or less simultaneous research and demonstration.
The word "disagreement" is not a good word, especially if it comes from Liang Mengsong's mouth, it is not a good word.
Who can disagree with Liang Mengsong?
Fang Zhuo considered it: "Our 45nm has not been completed yet, won't there be a lot of time in the follow-up?"
"From 32 to 28nm, Professor Hu and Mr. Qiu and I have some different opinions." Liang Mengsong said lightly, "In other words, the opinions are quite sharp. The planar structure of transistors has almost reached its end, and the subsequent costs will be higher.
Rapid improvement, well, from 32nm onwards, the investment cost will become higher and higher."
Fang Zhuo's heart sank, but he still said: "Then let's argue more, and the truth will become clearer the more we argue."
Liang Mengsong glanced at Mr. Fang, nodded, and stopped talking about differences.
The follow-up is indeed important, but the current 45nm is also critical.
Fang Zhuo and his party continued to stroll and listened to Dr. Liang's dry introduction.
Philip held his breath and listened carefully to the key explanations, but as he listened, he realized that he really didn't understand.
He turned to look at Mr. Fang again and found that Mr. Fang was actually enjoying it.
Does this person really understand? Do you understand this metal gate or polysilicon gate?
"We will be able to complete this round of risk trial production in the third quarter at the latest, and Qualcomm has already done demonstration design." Liang Mengsong talked about customers again, and said with rare hesitation, "And..."
He wanted to talk about Yike's Hummingbird chip design.
Fang Zhuo said promptly: "Well, let's talk tomorrow."
Liang Mengsong nodded silently.
Phillip felt itchy in his heart, what is happening?
The group concluded their simple inspection.
Liang Mengsong had nothing to say and hurriedly went back to work.
Philip stood in the factory area, watching the technical leader's leaving figure, looking at such a huge white building lying on the ground, and sighed: "Ice Core actually surpassed SMIC. This is something Goldman Sachs did not expect."
of."
He said sincerely: "This investment may be one of Goldman Sachs' best investments."
Fang Zhuo smiled and said, "Really? That's an honor."
Philip looked at the smile on Mr. Fang's face, thinking about the rising numbers in the stock market, and looking at the appearance of the semiconductor companies in front of him, with a mixture of love and hate filling his heart.
He was silent for a few seconds: "Mr. Fang, one code is the same."
Fang Zhuo agreed: "Very good, I just like one code to one code."
()
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This chapter has been completed!