Mr. Wen, who always takes a closer look at things, analyzed based on relevant information that Apple would be stimulated by a variety of factors, causing the stock price to fall.
As we all know, U.S. stocks can be shorted.
The process is simple, borrow shares when the stock price is high and return them when the stock price is low.
But there is another important factor here: time.
There is a deadline.
And depending on the amount of borrowed shares and various agreements, if the stock price rises sharply in a short period of time, it will lead to forced liquidation and other liquidation consequences.
In short, short selling means being bearish on a certain stock for a period of time in the future.
For some time, Apple's market performance has not been very satisfactory, with many people being bearish and not many taking action.
Wen Liang is one of the few big short sellers in recent times.
After persuading Wang Wanyu, Wang Wanyu took the lead in borrowing 1 million shares of Apple stock and then quickly sold it. According to the market price at that time, the proceeds from the sale amounted to more than 600 million US dollars.
In fact, Wen Liang originally wanted to make a fortune in one go and borrow more shares, but because Wang Wanyu paid little attention to the East American capital market, it was not easy.
First, the guarantee cost is too high.
Second, the market is too volatile and the supply of goods may not be sufficient.
The main value of US$600 million is already equal to one thousandth of Apple's total market capitalization. In other words, this wave of operations is equivalent to one thousandth of Apple's total share capital.
Not a small business.
Since this week, Apple's market performance has continued to be sluggish, falling slightly and making only a slight profit.
This past trading day, Apple fell sharply, so Wang Wanyu quickly bought back 1 million shares at a low price.
Accept as soon as you see fit.
When Wang Wanyu said this, Chen Jiaxin and others who had stayed up all night looked over, each with their own confusion.
Seeing this, Wang Wanyu explained briefly: "Mr. Wen arranged to short-sell Apple using the funds of our asset management company for leverage, resulting in a floating profit of about US$100 million. After excluding various costs, the actual profit was based on our shareholding ratio.
About 28 million yuan.”
The asset management company divided the shares into 20 equal shares.
5% per person.
But now the number of people is only 11, so it’s actually 50% for Wenliang and 5% for everyone.
This time, Xiaoxiaoyi's short position, based on a 5% share, is about US$4.5 million per share, or about 28 million yuan.
Strictly speaking, Wen Liang is not worried about the short-selling losses this time.
This is because institutions have given asset management companies a relatively stringent liquidation line. According to the buying market price, it only needs to rise by about 2% before the position is forced to be liquidated. Unfortunately, Apple has been pinched hard and has been falling short of expectations.
Li Bowen was dumbfounded: "Is there such an unexpected gain?"
"Didn't Mr. Wen say that asset management companies only make sound investments? In my impression, they are basically treasury bonds." This time Tang Pu was also particularly puzzled. He had never experienced it.
On the contrary, Chen Jiaxin shook her hand indifferently: "You did not misunderstand the word "sound", but you misunderstood the word "sound" in Mr. Wen's mouth. For Mr. Wen, shorting Apple right now is a prudent investment. Don't forget it.
Mr. Wen has set his sights on Apple since September."
"Moreover, it seems that in addition to investing in government bonds, the funds of the asset management company have also invested in a very inaccurate thing called Bitcoin."
"I checked for a long time, and they all said it was a scam, but in our President Wen's view, it is called sound investment."
Li Bowen and Tang Pu looked at each other and nodded in agreement: "Indeed."
Wen Liang glanced at a few people and said lightly: "Bolang's revenue has stabilized, there are not many surprises, and there are just opportunities, so I made some steady investments to help everyone make a little money and improve their living conditions.
"
Before anyone could speak, Wen Liang said again: "I've finished watching the show and got my harvest. Let's go take a nap. We have other things to do today."
After Chen Jiaxin and the other three left, Wang Wanyu turned around and walked into the lounge inside.
Wen Liang instead left the office and went home.
Wen Liang and Wang Wanyu were both in the company, so it was impossible to leave Li Rang alone at home. The lounge in the general manager's office was comparable to a presidential suite, so sleeping there was not a big problem.
No matter how sensible Li Rang is, she is only six years old this year. She would not feel at ease if she was left alone at home late at night.
…………
…………
I slept until twelve o'clock noon.
After washing up, Wen Liang went to the canteen next door to have lunch before going to the company.
Something really happened today.
And it's a big deal.
Because, today is the 9th.
Yang Xingshan Studio and Dai Li Studio in Luzhou are both preparing for the final delivery of the first-generation product.
This is the most important thing on the mobile phone business line.
As a person who has seen hundreds of flowers blossom in later generations, Wen Liang will take the time to participate in the final draft meeting of each generation of products, let alone the first generation products.
Now we can still play with the technical moat, but as the process has developed to the extreme, there is no breakthrough in basic science as always, and the only competition is user experience.
For example, the future Qualcomm 888 and Apple A15, the process and performance are not very obvious, at least on the consumer side, it is difficult to distinguish them in general use. The competition is ecological maturity and small aspects of experience.
…
Wen Liang, who was full of energy after sleeping for about six hours, walked into the company.
I leisurely brewed a pot of tea to boost my spirits.
At half past two, the online meeting started on time.
At present, Li Ze is away in England, and Wen Liang presides over the meeting.
"Are they all online?"
Wen Liang cleared his throat and quickly received affirmative replies from all parties. Gu Chu
"Today we need to finalize a few things, the first draft of the graphical interface, the first draft of the appearance process design, and wrap up the discussion on the image of the Star System."
"In addition, there are some small things. Since the system's security protection capabilities have been targeted by various hacker organizations, we can use them to further improve the bottom layer of the system."
"The most important thing at the moment is the appearance process design. Dai Gong, you report first."
After the words fell, Dai Li's voice came out quickly, and the online call turned into a live broadcast.
By sharing his desktop, Dai Li showed the finished appearance renderings and various details of his design from multiple angles.
"At the beginning of this design, the company conducted market research on its behalf, selected some color combinations that consumers prefer, and developed a composition design based on three background colors: moon white, carbon black, and rose gold."
"It needs special explanation that after thorough research, some of the current designs of the iPhone series are indeed good. It is a very excellent product of balanced craftsmanship, which has laid a foundation for recognition."
"..."
Dai Li talked eloquently.
Three very different designs were shown again, one of which still required adjustments to the internal industrial design.
Without the inspiration of a full screen, Dai Li's design failed to make a particularly stunning breakthrough.
But standing on the shoulders of his predecessors, Dai Li still came up with some interesting ideas in a moment.
Obviously, the design with the most changes conquered everyone present at the meeting.
Everyone voted in support.
Wen Liang also expressed his support, and the plan was finally finalized.
Finally, Dai Li made a simple summary: "This design does not consider the addition of fingerprint recognition for the time being. On the other hand, we also need to finalize the mobile phone brand and image as soon as possible."
Wen Liang confirmed: "This will be followed up by another team. After discussing the image of the Star System, the final decision will be made, which will only happen in the past two days."
After Dai Li finished his report, Wen Liang was not in a hurry to let Yang Xingshan speak. Instead, he called Zhang Yulin's name: "Gong Zhang, do you have specific regulations for overseas network technical competition?"
Zhang Yulin's voice came out: "Before uploading the first version of the system flash file, we have already considered issues such as security and confidentiality. It is unlikely that a breakthrough will be made at this level. The confrontation is mainly online;
The weak link is the cloud service for which we have not yet had in-depth research results, and it is very possible to penetrate from this aspect."
"Of course, we have some confidence in every aspect. After all, although the surface display is similar to the mainstream system, the deep-seated framework was built by us from scratch. It is completely different. To realize that it is a completely different framework requires
A lot of energy.”
"..."
Zhang Yulin talked about many technical solutions and also mentioned that the team is observing the ongoing competition in the technical field.
Filling in the gaps.
In the technical field of operating systems, Zhang Yulin has very strong self-confidence and is not afraid of challenges through his success in promoting the Xingchen system.
There's not much to worry about in this regard.
There is no unbreakable defense, but as long as updates are iterated quickly enough, there will never be high-risk vulnerabilities.
Coincidentally, Zhang Yulin now needs these external forces to accumulate more experience.
He is not satisfied with the star system that is now available.
Finally it was Yang Xingshan’s turn to show off.
Like Dai Li's process, Yang Xingshan also shared his desktop through live broadcast, actually showing the graphical interface named "World".
Different from previous reports, Yang Xingshan came up with two solutions this time.
The underlying logic of the two solutions is slightly different, and the surface presentation is very different. One of them clearly subverts the existing presentation.
Obviously that's not Yang Xingshan's true level.
The soul's opinions there are gentle.
Wen Liang directly rejected this version: "Gong Yang, you need to learn how to squeeze out toothpaste when making products. The surface display of this version has not yet been launched. In addition, the current mainstream screen sizes and mainstream process standards cannot support it."
"Slowly improve it, we need reserves."
This rejected version was copied by Wen Liang, referring to the design of iOS15, subverting the previous simple icon display scheme.
Seeing what Wen Liang said, Yang Xingshan had no objection and introduced his true level version in detail.
The interface display is a bit unique. It does not choose Apple's unified rectangular display solution with rounded corners, which allows icons to be "specialized".
Certain display rules have been changed, so that each icon and background are nested together, giving it a 3D feel.
However, there is a problem that needs to be solved in this version, which requires the application store to cooperate with the image design standards.
Yang Xingshan pondered and said: “I personally tend to look at this issue in two parts;
At this stage, the app store is open to individual developers. For the sake of aesthetics, the app store actively provides third-party designer assistance to individual developers;
It may not be friendly to enterprise application developers, but because our application system has just started, it will help us establish a rule system belonging to the Star System, which will be more beneficial to future derivatives;
The negative side is that our size is too small, which can easily backfire, causing developers to find it troublesome and not adapt to our rules;
After all, Apple has established a standard approach that combines balance and compromise."
Wen Liang thought for a while and then made the decision: "The surface display of this plan has better recognition and looks better. It does not look cluttered with various desktop backgrounds. The main thing is that the icon design requirements are higher. As for other aspects
That is a problem from another dimension, and I believe Bolang Terminal is confident in solving it."
"That's it."
The design itself is excellent. Wen Liang made the decision, and the next specific details are a matter for each department.
Not a big problem.
However, in the end, the surface display of this version was not launched directly, but some underlying logic was iterated on.
Always leave some surprises, gimmicks, etc. in the mobile phone launch conference.
After all, it is the first generation product -
PS: I've been feeling depressed recently. I tried sweets and rest but it didn't help. I would like to ask if you guys have any good ideas?