On November 9th, Eastern Time, Nasdaq was physically shut down for 1 hour and 22 minutes. Yike’s stock soared 23.6% in the remaining 5 hours and 8 minutes, with its market value closing at $3178.4!
If you count from yesterday’s after-hours to today’s before-the-open, Yike’s stock has risen by more than 50% in less than 24 hours!
However, this doesn't seem to be the limit.
Yike's stock continued to rise during the after-hours session on the 9th, and it had the momentum to continue to attack the city.
How else can this stock rise?
It can’t rise to US$400 billion after losing the US market, right?
But no matter what, for more than a day, Wall Street's expression changed, short sellers were afraid of it, and the global financial market turned its attention!
Well-known short sellers who were previously active on various platforms, whether it be Twitter, Facebook, or TikTok, these "short masters", "Hedge Jordan", "short kings" and so on, all have lost their voices!
And, the most incredible thing is that this is Yike’s third time!
Someone asked on Twitter: Which company was cut off by Yi Ke three times? Except for that idiot Paulson.
Paulson was once extremely famous and known as "the number one hedge fund man", but now he is only evaluated as a "idiot", which is really disappointing.
What is even more embarrassing is that there are rumors that Paulson has gone to Paradise to investigate, because Paradise is a better short seller than Yike.
The "Wall Street Journal" published a special report on the evening of the 9th, briefly reviewing the whole story of Yike's short squeeze, talking about the advantages of Yike and Bingxin's systematic development, and Bingxin International's more than ten years of hard work.
The progress of China's semiconductor industry, the restrictions and long-arm jurisdiction of BIS, the loss of the US market and production capacity dilemma of Yike, the research and development and breakthrough of photoresist, the short squeeze of familiar roads...
Just a week ago, the Wall Street Journal reported extensively on Yike and Fang Zhuo, concluding that "Ms. Fang made the biggest mistake in business history."
But today, its report was quite objective, and it also mocked the report of the previous week.
"Last week we believed that Yike had no future due to the production capacity dilemma, and believed that Mr. Fang had made the biggest mistake in business history."
"However, Yike counterattacked everything with its stock price performance today."
"Fortunately, no one will care about what we said. Everyone will only care about how much short sellers lost today, and they will only watch how many hedge funds have collapsed."
"Standing today and looking back at what happened in the past year, I can only say that Mr. Fang's understanding of short sellers is extremely accurate. He made a moral and moral judgment on short sellers a few years ago on the basis that 'greed is a sin'.
A financial double trial.”
“This year, short sellers have been chasing Yike. Even if its market value fell from its peak of 420 billion US dollars to less than 220 billion US dollars, the short sellers are still building sniper positions, trying to make Yike’s market value drop by 210 billion or even 200 billion US dollars.
Next, the stock price of Yike will completely collapse, which is obviously beyond the rational scope of ordinary short selling!"
“What is the source of this irrationality?”
“I’m afraid, part of the reason is that Yike’s previous short squeezes and short squeezes deeply hurt the feelings of the short sellers, making them still resentful of the flesh-and-blood war that was written into financial textbooks, and thus they became crazy about pursuing it to the end.
"
"Part of the reason is that Yike's stock price decline in the past was largely caused by political factors. It itself did nothing wrong. This kind of off-market factors made short sellers overconfident."
"The outcome of such an irrational pursuit is that Yike's stock price may continue to rise irrationally for a period of time."
"It seems like things are making sense again."
"Greedy institutions die from greed, and irrational decisions die from irrational short squeezes."
"Frankly speaking, Mr. Fang is a business leader who is committed to doing good business. His foresight can be seen from the energy he invests in the upstream and downstream of the industrial chain."
"However, the short sellers always want to pester Mr. Fang and ask him to demonstrate his methods in the financial field again. I'm afraid there is nothing he can do about it."
"However, the stock market is like this. Without long-short competition, it cannot be called the stock market. Yike's madness is not the first time, and it will not be the last time in the stock market."
"This short squeeze will inevitably end with Yike's victory, but there are also some interesting things besides the short squeeze. For example, Washington will intervene to investigate the Nasdaq shutdown this time, such as,
The famous Castle Investment Group suffered a run on users, for example, Yike announced that it would increase investment in Europe."
"Some corporate executives in Silicon Valley who did not want to be named expressed their opinions to us. Unexpectedly, most people supported Yike and were more willing to see the dismal end of short sellers. Moreover, they had deep feelings for Yike to break through the predicament.
Respect."
"I think this is probably what they feel on a business level."
"It is worth mentioning that as Washington's decision-making is about to change, the European side has expressed great surprise at BIS's inability to restrict Yike, and is quite gloating about the fate of many hedge funds."
"And, just like Sapin, who talked a lot about France in Europe during the online connection with Mr. Fang, they extremely welcome companies like Yike to focus their attention on Europe from the United States."
"The twists and turns that Yike and Bingxin have encountered in the past two years and the breakthroughs they have made do not seem to have a final outcome, but this phased reversal also seems to have great symbolic significance.
.”
"Short-selling and short-squeezing at the financial level can easily attract everyone's attention, but the deeper changes may be the industrial changes that Yike has proven it can drive."
"For such a company with a deep local market, strong scientific research capabilities, and excellent management, what it can do today is far from its limit."
"Then, welcome back Mr. Fang, and thank Mr. Fang for bringing us another crushing discussion against short sellers."
When the short sellers once again used their own misfortune to verify the danger of Yike, just like the Wall Street Journal, more people started to ridicule the short sellers.
——How to eliminate short sellers? Look carefully, I will only teach you once...twice...three times...
——What is a world-renowned mobile finance company?
——When Yike Company encounters difficulties, short sellers will always donate generously!
——The funds invested by Yike Company in Europe all come from short sellers!
——Wall Street warns that the rapidly rising stock price of Yike will harm the interests of shareholders. Hahaha, I think the rapid rise of Yike stock will hurt the bodies of short sellers.
——In the past, Mr. Fang was ranked second in the world by the flattering media. Now, Ozi is about to step down, and Mr. Fang has no opponent as the number one CEO in the world.
——Yike’s stock price still has a lot of room for growth. Look at the companies it competed with at its peak. Now Google and Microsoft have both risen to 500 billion!
——Mr. Fang’s headwind record can be checked.
——Mr. Fang: Short sellers, I’m waiting for photoresist, what are you waiting for?
——Mr. Fang: Short sellers, I’m waiting for 10nm, what are you waiting for?
——Oh, you are waiting for God.
——The God of Finance lets short sellers meet the real God.
Yike's three short squeezes have been widely discussed around the world. There was even a card game specifically soliciting opinions on Twitter and gave Mr. Fang a card.
——Name: Fang Zhuo
——Faction: Monster
——Rarity:Legendary
——Type: Gold Card
——Skills: Ambush, Gain, Duel, Death, Control, Inspire, Back.
——Description: Business tyrant, financial disaster.
——Line: Hey, the short-term explosion rate is so high!
However, no matter how the media commented, how retail investors ridiculed, or how lively the public opinion was, the short sellers all lost their voices without any intention of showing up to refute.
On the evening of November 10th, Beijing time, Fang Zhuo met Kong Yu, who flew to Luzhou, and discussed the current situation and future of Yike stocks.
The financial market is the radiation of Yike's development at the current stage, but it cannot be cut off at once. As a price, MIGA funds have absorbed a lot of funds around the world.
"The white house is about to be replaced by a new person. The European market is still in danger. Washington is unable to exert effective pressure there this time. This does not mean that it will remain the same in the future."
"The MIGA Fund needs to assume a de facto lobbying function."
"Everyone thinks that the current rise in Yike stock is irrational. We do not rule out that there will be funds waiting for the stock price to rebound in the future. We need institutions to work together to maintain the stock price, and then use Yike's new concept to increase the stock price and attract more funds.
, bundling interests to ensure lobbying.”
After Yike resumes production capacity and ice core, and SMIC is able to ensure staged competitiveness, Fang Zhuo does not intend to let Yike's stock price fall back too much, but will continue to push up the market value.
Regardless of the stock price of Yike or the MIGA fund, they are just tools in his eyes, and he must do what needs to be done.
Kong Yu is not opposed to his boss’s decision, but has some doubts: “Mr. Fang, it is easy to maintain and push up the stock price in the short term, but it is a question whether Wall Street can accept new concepts without the US market.
"
He thought for a moment and then added: "There is still a new risk, whether the new owner of the White House will put more pressure on Yi Ke, and whether the geopolitical factors will become more intense or relaxed."
These will jointly determine the future stock price of Yike and the difficulty of related operations.
Fang Zhuo laughed and said, "On the night of the 9th, I received a call from the newcomer."
Kong Yu was surprised: "Ah?"
Seeing that Mr. Fang didn't continue, he couldn't help but ask, "What were you talking about?"
"We congratulated each other on each other's achievements." Fang Zhuo said flatly, "Then, he asked me a question, why of course I didn't let him invest more money."
"I said, go to professionals for financial management matters, don't ask me."
"He also told me that Yike must invest more in the United States and move its headquarters to New York."
"I said, wait until he enters the white house."
"He said he would go there in two months."
Fang Zhuo stopped here.
Kong Yu asked again: "It's gone? Is it gone?"
He didn't expect that his boss would have another call like this, which seemed to determine the very important direction of Yike's future.
"There's nothing left to say." Fang Zhuo shook his head.
"Mr. Fang, any key information may determine the operation of MIGA funds in certain aspects!" Kong Yu immediately pleaded seriously, "Mr. Fang, what else is there?"
Fang Zhuo shook his head again: "There's really nothing left to say, it's just the insults we exchanged."
Kong Yu: “…”
He was stunned for a while and said with a complicated mood: "Mr. Fang, I hope that no recording of this phone call will be circulated in the future."
"I didn't record it, so it doesn't matter. He sounded like he drank too much while celebrating." Fang Zhuo said with emotion, "He wants MAGA, and the interests he represents will not make Washington slow down on Yi Ke. Don't think about it, we are.
Do your own thing well.”
Kong Yu hesitated to speak. He could still imagine before. How could he continue to imagine after these mutual insults... The newcomer's style is so atypical...
He thought for a while and said: "Obi's office put pressure on BIS and released temporary license approvals for some American manufacturers."
Fang Zhuo said "hmm" and said flatly: "Let him stand on the last duty."
Kong Yu opened his mouth and then closed it silently, accompanying his boss to watch the bloody sunset after the financial fight.
He waited until the arrival of the new vice president of Yike, Lu Qi, before leaving, and he had to deal with some procedural matters.
Lu Qi flew from Shanghai. He witnessed Yike's brutal short squeeze on the short sellers and further understood the situation that was unclear before. At the same time, he also understood the greater power that the operation of the entire system can bring.
Yike skyrocketed, and short sellers suffered losses.
As a new senior member of the camp, Lu Qi found it hard to express his feelings clearly. He thought it was a timely help, but he didn't expect...it wasn't that bad at all.
The setting sun is still hanging in the sky by the lake, and it will be a while before it sinks to the bottom of the water.
Fang Zhuo did not explain his previous concealment of key information from Lu Qi. Too much money was involved. I believe this person can understand.
He still followed the communication with Kong Yu just now.
"This short selling against Yike is so brutal that I still have lingering fears." Fang Zhuo looked at Huo Shaoyun, "So, I have been thinking a lot these days."
Lu Qi didn't know how to comment on the boss' lingering fear. It was quite tragic. The short position was miserable, Yi Kelie...
"With SMIC having 10nm and Ice Core to solve the photoresist problem, we should cherish this hard-won competitiveness in the manufacturing process."
"There are still many development problems for SMIC and ice core, but at this stage, its manufacturing is competitive in the world."
Fang Zhuo emphasized staged competitiveness.
When the procedures for SMIC's private placement plan are completed, Bingxin will become SMIC's major shareholder, and the resources of both parties will be further integrated. What they have is the world's first-line capabilities.
However, Taiwan Records has confirmed that EUV lithography machines will be officially introduced at 7nm, which will bring new competitive disadvantages.
Ice cores can use multiple exposures to further expand the boundaries of the process. This has been determined before, but every step of expansion in the future will be difficult.
Therefore, Fang Zhuo believes that we should make full use of the manufacturing advantages of the two-core process at this stage and use the competitiveness of this manufacturing link to create higher value-added links.
Lu Qi listened to his boss's story and vaguely understood what he meant, and asked tentatively: "Mr. Fang wants that NVIDIA shovel?"
After I heard Mr. Fang reveal the news of Bingxin’s acquisition of SMIC, an industrial chain from design to manufacturing to packaging and testing has been virtually completed.
At that time, he felt that by solving the photoresist problem and building a wider software and hardware ecosystem within the next two years, Yike would have the potential to rebuild its glory.
But...it was solved in just a few days. This is not stamina, but competitiveness that can be used directly!
Fang Zhuo nodded and expressed his thoughts: "Yes, the situation is different. Nvidia's shovel is good, and Yike now needs such a concept to consolidate its performance in the financial market."
Nvidia's market value was US$17.7 billion last year, but this year it has grown to US$57.5 billion. According to Wall Street forecasts, it is expected to exceed US$100 billion next year.
This rise is shocking.
Yike needs to maintain and push up its stock price, not by forging a brand new concept, but by taking a concept that has been recognized by the market and that it has the ability to do.
Nvidia's shovel is very good, and Yike's ability from design to manufacturing to packaging and testing can also try such a shovel.
Fang Zhuo had doubts before, but Lu Qi, Elder, and Ng Enda unified their understanding of the prospects of AI. In particular, Lu Qi also called out the "ALL IN AI" strategy.
Then, based on the results of the current stage and the risks and opportunities faced in the future stage, the Yi Ke Department needs to slightly adjust the focus of its strategy.
There are two possibilities in the future. One is that competition has slowed down strangely, and Yike can return to the U.S. market to make up for its missing revenue. The other is that competition is still intensifying, and Yike can only use geopolitics to exploit it.
The market for American companies like Nvidia is over.
After all, when competition intensifies, it will not only happen to Yike. Companies like NVIDIA and even Intel will also be tested by non-commercial factors. This will create important opportunities for Yike to cross fields.
Yike had to take advantage of the situation and take advantage of the situation.
Fortunately, the answers given by Yike at this stage have made good preparations for the next stage.
As the sun sets, the coolness of the lake invades.
But Lu Qi was very excited because of his discussion with Mr. Fang about the future.
Yike has withstood the test of geopolitical factors, and it will be time to harvest the fruits of this factor in the future.
"Mr. Lu, your future work is of great significance." Fang Zhuo stood up, dusted himself off, and looked at the completely dark water, "Let's go, I have a conference call tonight, and there will be a media conference tomorrow morning.
Exclusive interview."
He bent down and picked up a pebble and threw it into the lake.
Lu Qi looked at the ripples on the water, thinking about the brutal short squeeze of Yike, thinking about the company's current achievements, and thinking about the framework and direction of future efforts. He felt a vague sense of the concrete excitement of the times.
He turned around and followed Mr. Fang and asked curiously: "Mr. Fang, what kind of interview is tomorrow? Talking about this short-selling?"
"Those short sellers don't know what's going on. They insist on rushing up and dying in front of me." Fang Zhuo sighed, then shook his head and said, "Tomorrow, people from Time will fly over. They will talk about a lot more than just finance. Let's go.
,gone back."
The car broke through the winter night and rushed towards the brightly lit Yuhu Road.
