Chapter 492 Victory in the first battle, development direction
At 9:30 ET, U.S. stocks officially opened and began continuous bidding trading.
I don’t know how many transactions happen in an instant.
Maybe you trade in stocks but don’t follow the stock market that actively.
But there will always be people who start operations within the first second of the continuous bidding transaction.
Maybe you think nothing will happen if you wait a second later.
But there will always be people who can do amazing things in the time granularity of one second.
That's it for now.
Due to the massive amount of matching transactions brought about by the ultra-long pre-market trading hours of U.S. stocks, Goldman Sachs's opening price has dropped a lot compared with yesterday after the official opening of U.S. stocks. However, after the official opening, its decline was still quite alarming.
In just one second, investors created at least selling orders for more than 750,000 shares.
You must know that the minimum trading limit for U.S. stocks is 1 share.
Let's put it this way... Because Goldman Sachs is absolutely weak in terms of public opinion and has not responded positively to the current operating status of the Asia-Pacific market, and the bearish report of Bolang International Investment Bank is too detailed, the analysts' sharp comments are really to the point;
So now, except for some special users, it is difficult to conduct short selling transactions on Goldman Sachs in ordinary mode.
For example, the short-selling method of borrowing stocks to sell and then buy them will not work.
Because I can't borrow it.
There are really too many peers, giants, capitalists, investors, and elites who all want to lie on Goldman Sachs’ head and suck its blood.
Goldman Sachs has done too many crappy things over the years.
As far as Wall Street is concerned, everyone has been deceived by it.
Of course, all the big guys who can survive on Wall Street in this regard are the same, and the only ones who are fooled are those who ride the horses.
Although Goldman Sachs only has a small market value, if it is squeezed dry, it will not be enough to make everyone fatter.
But mosquito legs are also meat.
In short...as soon as the U.S. stock market opened, it was like a feast.
Bolang International Investment Bank is also conducting actual operations in the secondary market, but it has nothing to do with Goldman Sachs. Foreign currencies equivalent to hundreds of billions of yuan are lying in the account and have to be moved.
…………
In fact, Goldman Sachs and Goldman Sachs stocks really need to be viewed separately.
Goldman Sachs, Apple, Facebook, and even Berkshire Hathaway, which is considered a peer...the stock god's company is different.
The market capitalization of Goldman Sachs has never been very high. Historically, there have been occasional short-sellers of Goldman Sachs, which have even suppressed Goldman Sachs' stock price.
Anyway, it’s impossible to buy Goldman Sachs or something through the stock market.
It’s also very different from how Bolang controlled Facebook through stories before.
Therefore, Goldman Sachs actually did not invest much effort in a short period of time, because Bolang International Investment Bank is currently only focusing on Goldman Sachs stocks.
It is the planning outside of this that Goldman Sachs is wary of.
A market with a total market value of only tens of billions of dollars evaporated 12 billion U.S. dollars in one day. Even during the aftermath of the financial crisis, Goldman Sachs didn't even notice.
Not to mention that $5 billion may not evaporate in one trading day.
The most important core value of Goldman Sachs is not the 14 points of chicken soup they promote, but two words: buying and selling.
Goldman Sachs is better at packaging a certain product in various ways and then selling it.
This is also the reason why Goldman Sachs has so many dark histories.
And it has been a great success every time.
From this perspective, Goldman Sachs is extremely good at exploiting the greed and desire of its clients.
For example, during Liu Baye's time, Goldman Sachs easily facilitated the sale of IBM's personal computer business, which was suffering huge losses, to the company at a high price.
This simple 'buy and sell' gives Goldman Sachs, whose active limit is close to zz, the ability to make huge profits without any capital.
Rumor has it that Goldman Sachs has a famous saying.
"We sell to willing buyers at fair market prices."
And I think that’s why I can survive.
Therefore, in fact, most of the time Goldman Sachs is engaged in information gap business... In other words, the essence of any transaction requires the use of information gaps.
This is also an important reason why Goldman Sachs can always live a very prosperous life.
Some people say that every time there is a large-scale regional economic crisis or even a global economic crisis, Goldman Sachs will be the driving force behind it.
This conclusion comes partly from the facts and partly from the perspective of ‘who benefits and who gets the suspicion’.
For example, during the 2008 subprime mortgage crisis, Goldman Sachs first made huge profits from fraud, reportedly as high as US$17 billion, and then insured AIG for US$14 billion. AIG was rescued and received a US$160 billion capital injection and received an equal compensation, and then
It also received a $10 billion bailout.
The CDO (Collateralized Debt Obligation) incident was later accused by the SEC (U.S. Securities and Exchange Commission) of fraud in 2010, causing Goldman Sachs' stock price to plummet. Goldman Sachs ultimately spent only US$500 million to settle with the SEC.
The market value subsequently increased by US$800 million.
Look, during the subprime mortgage crisis, according to these data, Goldman Sachs gained US$41 billion in income, but now its market value is only more than US$41 billion... Well, it has just fallen below 40 billion.
Therefore, we can only say that Goldman Sachs stocks have a lot to do with Goldman Sachs, but not a lot.
…………
While all of Wall Street, and even the financial elites of the United States and the world are focusing on Goldman Sachs stocks, netizens in overseas markets are also talking about it.
"Sure enough, the long-term bearish report of BL-IIB was released, and the decline in Goldman Sachs' stock price could not even last one trading day."
"If I had known, I would have gone short."
"It's too late. The vampires on Wall Street are much smarter than us. They have seized the opportunity long ago and will not leak any oil or water to us."
"Why do people still sell when they know it will rise in the future?"
"There is no reason, this is the stock market."
"So, did BL-IIB win?"
"Hard to say……"
Although after fifteen minutes, Goldman Sachs' stock price fell by more than 20 US dollars while gradually stabilizing, and its market value evaporated by more than 17%, in the eyes of some keyboard financial elites, this does not mean that Bolang International Investment Bank won this extreme situation.
Small-scale confrontation.
Because even though Goldman Sachs has a lot of dark history, everyone still believes in Goldman Sachs’ ability, and Bolang International Investment Bank may really not be involved in short selling.
This is really true.
For the giants that dominate the global financial market, the inflow of large amounts of funds into mainstream financial markets is actually relatively transparent in their eyes.
Because there is an entrance for inflow.
Where there is an entrance, there is a record.
Therefore, in a sense, the increasing popularity of decentralized virtual currencies such as Bitcoin is related to this. There are too many people whose wealth cannot be disclosed clearly.
Unlike Goldman Sachs, which is left-handed, right-handed and left-handed, Bolang International Investment Bank does not publish bearish reports and sell short at the same time, and even takes hedging to the extreme.
Bolang International Investment Bank really has no interest in Goldman Sachs stocks.
Therefore, the focus of winning or losing is not actually the stock market itself.
But...are there more peers taking the initiative to agree with the bearish report released by Bolang International Investment Bank?
Fortunately, melon-eating netizens were not kept waiting too long.
The financial elites were not kept waiting long.
It's 10 a.m. ET.
Morgan Stanley, JP Morgan, and UBS, the three major institutions, seemed to have discussed the matter and released analysis and research reports on Goldman Sachs stocks.
The main contents are:
“Downgraded Goldman Sachs stock to Sell, but optimistic about Goldman Sachs stock’s long-term trend.”
Bolang International Investment Bank received the news immediately. Later, Wen Liang stood up and greeted: "Okay, it's almost time. Let's get off work."
Duan Jiajing: "???"
Don't you strike while the iron is hot?
Why can't I keep up with the times?
…………
…………
At around eleven o'clock in the evening, Wen Liang, Wang Wanyu and a few others found a nearby restaurant for a supper.
Mainly Zheng Qi, Zhang Qian and Duan Jiajing followed.
Some of the others hurried back to the hotel to rest, and some found a place by themselves. Most of them were not happy to interact with their immediate boss's immediate boss after get off work.
No matter how young Wen Liang is, he is still the boss of a super large enterprise like Bolang Group, and his wealth is beyond the imagination of ordinary people.
On the other hand, many members of the team brought by Wang Wanyu prefer personal space, and their annual incomes are relatively considerable, allowing them to have more personal choices.
For example, Chen Keng, who has two PhDs, is said to have his own ideas about nightlife.
As for Zhang Qian... he is the co-CEO of the investment banking business that Wang Wanyu is optimistic about. This is also because the future of the investment banking business will be very exaggerated, and one CEO is definitely not enough.
After all, Wen Liang is directly in charge now.
This is an unprecedented first time since Bolang began to expand its business!
And if Zhang Qian couldn't even take the initiative to integrate into this kind of scene, then Zhang Qian would have failed Wang Wanyu too much.
Of course, in fact, the most commonly used rank system in investment banks is Goldman Sachs, which starts from analyst → manager → vice president (VP) → senior vice president (SVP) → executive director (D) → managing director (MD).
One system.
However, Wang Wanyu knew that Wen Liang would not use this method at Bolang International Investment Bank, because... the international investment bank is just a "small" business of Bolang Group, and it must first comply with the Bolang system.
At the dinner table, everyone ate various late-night snacks and chatted.
Duan Jiajing, who was watching the whole process, still didn't understand... This kind of confusion happened to her almost every moment since she left finance.
That's why Wen Liangcai said that the financial boss was messing with him.
We sent a ‘young lady’ whom we must value highly, and wanted her to go through a complex change from scratch with Bolang International Investment Bank.
It can be understood that the finance department wants and needs to learn some different styles from Bo Lang or Wen Liang, and strive to obtain greater benefits from Wen Liang as much as possible.
Regardless of whether he admits it or not, Bolang Group is the most developed in the world after all. Wen Liang may not necessarily have a high IQ, but he must have abilities that ordinary people cannot reach.
And Duan Jiajing, who is still young, will lead some innovative attempts in the finance in the future... She has the ability to shoulder the responsibility even if she leads everyone, and she will not worry about being robbed of credit even if she succeeds.
After all, ‘transactions’ are everywhere.
The main reason why Wen Liang didn't resist was also 'transaction'.
Without losing a piece of meat, you can also gain the friendship of several big bosses at once.
Especially Wen Liang knows that Duan Jiajing and her cousin can make further progress in the future.
As for the responsibility for the failure of subsequent innovation attempts, of course it has nothing to do with Wen Liang, and no one dares to be so involved.
Wen Liang’s ‘transactions’ with all parties are limited to the main body of Bolang International Investment Bank.
Seeing that the atmosphere was not bad, Duan Jiajing finally asked her doubts: "The stock price of Goldman Sachs has fallen sharply. Why don't we place short orders in advance? There seems to be no compliance risk. Institutions such as Muddy Waters are short-selling at the same time."
Zheng Qi answered this question for Wen Liang: "What we want is not profit, but industry recognition. Bolang International Investment Bank enters the international financial market in the form of an institution, intending to form influence and gain control. We need to obtain these through practical actions."
Agree.”
"Being short on Goldman Sachs is a very good entry point now and will definitely succeed."
"Because Goldman Sachs really suffered a major failure in the Asia-Pacific region, and also because Goldman Sachs really concealed the current status of its operations in the Asia-Pacific region."
Duan Jiajing was even more puzzled: "That's not a conflict, right?"
"No conflict means no conflict, but we don't like Goldman Sachs's business for the time being." Zheng Qi said in a casual tone, "The decline is less than 7.5 billion US dollars, and there are so many peers around the world, and even other risks, the necessity is not high.
.”
"Moreover, funds are not sufficient to begin with, so naturally they have to be pooled and used on key matters."
Duan Jiajing seemed to be a problem baby. Since Wen Liang didn't stop her and Zheng Qi was here to answer her questions, she simply asked all her questions.
She was originally said to be highly professional, but she was not considered highly enough at Bolang International Investment Bank.
Finally, Wen Liang gave a simple explanation: "The main development direction of Bolang National Investment Bank can be roughly divided into two parts. One is to become a true international investment bank, and the other is to form a bridge."
"Goldman Sachs is not actually a target. Based on its particularity and our background, it is impossible for us to defeat it. Even if it is squeezed to the extreme, the brand name of Goldman Sachs will definitely continue to exist."
Duan Jiajing muttered, but still asked: "International investment banks can understand what it means to form a bridge?"
Wen Liang simply answered: "A bridge for foreign investment to enter the country."
Then he gave a brief explanation: “The essence of any behavior of an investment bank is actually nothing more than ‘financial intermediary’.”
“In modern society, there is no country in the world that does not need external capital. As far as I know, my country’s demand for external capital is quite exaggerated. Goldman Sachs and other investment banks and institutions have indeed introduced some external capital, but they may be stepping in front of the other to build a bridge. Just blow up the bridge."
Having said this, Wen Liang glanced across everyone's faces and said in a friendly tone: "Of course, Bolang International Investment Bank can only be regarded as a less important and unconventional attempt."
It can be regarded as relieving the pressure from what I just said.
"..."
In fact, after Wen Liang realized that Lao Pingtou might want him to take charge of a financial matter, the first thing he thought of was not these things, but the key point that went straight to the core:
RMB internationalization
In terms of category, the category of financial intermediaries can include this.
Anyway, no matter what he thinks, Wen Liang believes that since he is in this position, there is nothing to avoid, and the development of investment banking business will also be very beneficial to the development of other businesses of Bolang Group.
After all, Bolang Group has a large number of high-quality assets, which is suitable for an intermediary. For example, like Boss Lu, get a bank endorsement or something.
Furthermore, it is helpful for Wen Liang to promote more extensive overseas plans.
Because with development, America is a link that cannot be bypassed. No matter which direction the development takes, Wall Street is the link that makes it faster.
A series of projects such as grassroots support systems and basic research will inevitably have to realize the output and realization of results through commercialization.