After the bad news is released, there is nothing more.
In the week after the U.S. stock market resumed trading, Su Yehao made more than 200 million U.S. dollars from shorting crude oil futures, but his other assets shrank by at least 1 billion U.S. dollars. Overall, the losses on his books were still heavy.
The Nasdaq index further squeezed the bubble, and the index fell directly below 1,400 points. The market value of Yanzi Group was only US$8.3 billion.
You know, just in March last year, the Nasdaq index was still as high as more than 5,000 points. In just over a year, it is already less than 3 out of 10.
What makes investors even more desperate is that, except for a group of Internet giants with solid performance support, other small and medium-sized companies selling concepts are still falling slowly, as if they have entered a bottomless pit, and it is impossible to see where the bottom is.
After Su Yehao withdrew his speculative funds, he no longer bothered to care about how the market performed.
At this stage, even falling prices are no longer scary. For a group of high-quality assets in the Internet and technology industries, you can just blindly buy them with your eyes closed.
From mid-November to Christmas.
He raised funds for Amazon and Apple, and his shareholding ratio reached 16% and 23% respectively.
It also spent more than US$200 million to acquire an American chip packaging and testing company, and US$45 million to finance a game development studio.
In addition, Yanwen Group took action and acquired Qiu Yaohe's loveline dating software.
Su Yehao didn't have any feelings of liking or disliking towards the son of his father's friend Uncle Qiu's family.
I just felt that the other party had some ability, but it was a pity that he was unlucky. Both the bp machine and the chat software were a step slower than others, and he failed to catch up with the good times.
This time Yanwen Group took 80% of the shares of Loveline, retaining some shares for Qiu Yaohe and He Shaofan's cousin, but took away the management rights of the company.
A series of big moves were carried out at the cost of US$3 billion from loans, and in the blink of an eye, only US$1.6 billion was left.
Su Yehao's own idle funds have not been used and he still has sufficient cash flow. Therefore, there is no need to keep this money. Most of it will be used to expand the foundry business.
Look around.
After all, it did not bypass the lithography machine manufacturer ASL, whose sales plummeted this year and was abandoned by Philips. It was quietly acquired by several companies, and Goldman Sachs was asked to help persuade the major shareholders to transfer it at a low price...
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I often hear Xiaonizi talk about how much she enjoys it in Iceland when the cold wind blows, soaking in hot springs and watching the aurora borealis.
On Christmas Day in 2001, Su Yehao brought Nong Qingying over to experience it.
They came to the Reykjanes Peninsula in southwestern Iceland, and the hotel was located near the famous Blue Lagoon hot spring.
It's the peak season now, and the price of an executive suite is as high as 2,500 US dollars per night. Fortunately, the stay is really comfortable and you didn't waste your money.
As a senior partner of Goldman Sachs Group, Cantor Willis also came here specially this time. The reason was to discuss business with Su Yehao and avoid work during the holidays.
After all, many Western countries have Christmas holidays, and some countries do not, such as the mainland, which Cantor Willis is optimistic about.
Mainland China has just joined the WTO. It is very difficult to achieve results in the short term. The most profitable business is still concentrated in the United States.
In order not to be kicked out by Goldman Sachs Group, he finally hugged Su Yehao's big and thick leg. How could Cantor let it go easily? He was mainly responsible for the recent acquisition of ASML shares.
Su Yehao finally comforted Xiao Nizi and the others, found an opportunity to leave his son in the care of the old man, and took Nong Qingying out to enjoy the world between them.
Now I am taking a bath in the Blue Lagoon Hot Spring with Cantor, a big man.
It was unlucky to say that Nong Qingying caught a cold just after getting off the plane and was resting in the hotel sickly. This made her extremely angry.
At this moment.
Su Yehao was wearing swimming trunks and soaking in the mist of the pool. He was surrounded by Linda Yun, who refused to take a vacation and volunteered to work overtime to help act as a translator.
Taking a vacation is also about traveling. How can I go out and enjoy it with Su Yehao when traveling by myself? They fly back and forth on private planes, stay in the best hotels, and enjoy the most exquisite meals. Linda Yun has long wanted to see the aurora, so how can she miss this time?
trip to iceland.
I don’t know where my ancestor came from. Cantor’s chest was covered with hair, almost like he was wearing a plush vest. He was telling:
"In 1997 and 2000, Philips sold about 20% of ASML shares each. Now it only holds about 2.8% of the shares and has agreed to sell it to us. This year, ASML sales have dropped by about 45%. Before Christmas,
Massive layoffs, as far as I know they originally wanted to break into Intel's supply chain, but Intel's performance also declined and the plan to expand the factory was canceled, causing ASML to lose hundreds of millions of dollars in orders."
Su Yehao only hastily finalized his plan to invest in ASML a week before Christmas.
The main reason is that there has been no progress in research and development. Canon's technical staff began to ignore the project of developing new lithography machines, and they were particularly perfunctory after the person in charge was changed.
Although the R&D funds are borne by Su Yehao, many technical personnel come from Canon and also bear certain expenses. In addition, the R&D process involves many core secrets of Canon lithography machines, so the Japanese value technology more than their lives.
His important character has seriously hindered the plans of Lin Baojian's project team.
To be fair, Su Yehao did underestimate the difficulty of research and development of this technology. He did not have the ability to gather the world's top institutions and universities, which caused the research and development process to be stumbling, and until now he has been unable to do anything.
Not only Canon doubted whether it was on the right track, but Su Yehao himself also doubted whether this new technology could be developed after spending so much money and not even understanding the theory.
What's more critical is that in the United States, someone has already followed the same research and development direction as Su Yehao's project according to the paper Lin Baojian originally published, forcing him to make arrangements in advance to avoid placing all the chips on Lin Baojian's team.
Now buy more ASML stocks. If history goes the same way again, you can use your status as a major shareholder to allow the wafer foundry to buy enough photolithography machines. By the way, you can also block TSMC's neck and let the other party also buy more ASML stocks.
I feel what it means to be difficult to move forward and what it means to have a sinister heart.
Su Yehao said to Cantor: "In just a few trading days, you helped me buy more than 10% of ASML stocks. Is there any movement from other companies?"
Cantor shook his head and told:
"If you are not worried about pushing up its stock price, you can actually buy more. Except for the boss of a semiconductor company like you who invests in the foundry business, who would care about a company like ASML? It is dealing with Nikon's lawsuit, and the risk of losing the lawsuit is relatively high.
Big, some technologies infringed on Nikon's patents, and its market value was only a billion dollars, mainly relying on official subsidies. Philips chose to sell it because it couldn't afford it..."