Game within game: chess player
Chapter 298 I directed the stock market crash (please book shelf)
"I agree!" Zhang Zhongmou said directly.
"Chairman, the board of directors will not agree to this matter." Jiang Shangyi reminded.
"I will talk to the board of directors." Zhang Zhongmou said nonchalantly. Obviously, Zhang Zhongmou still has absolute influence on TSMC's board of directors.
"Okay, thank you, Chairman Zhang. I'm rarely in Taiwan. From now on, President Su will handle the affairs here." Ye Fang said.
"Hello, Director Zhang!" Su Yue extended her hand generously.
Zhang Zhongmou shook his hand gently and said, "Welcome Mr. Su to join the TSMC family."
"What an honor!" Su Yue said politely.
When everyone walked out of the hotel together, Zhang Zhongmou said, "I wonder when I will be lucky enough to visit Mr. Ye's oil field?"
"You are welcome at any time. When the time comes, I will ask my second brother to welcome Chairman Zhang with the courtesy of a state guest!" Ye Fang said with a smile.
"Who is your second brother?" Zhang Zhongmou was slightly surprised.
"My second brother is President Mbeki of South Africa." Ye Fang said proudly.
Before, Zhang Zhongmou only knew that Ye Fang was a South African businessman with a government background, but he did not expect that Ye Fang had such a deep relationship with the President of South Africa, to the point of being brothers. If Ye Fang is not a liar, then Ye Fang's network resources are incredible. No wonder he can open oil fields and diamond mines in South Africa.
At this time, a thought suddenly flashed in Zhang Zhongmou's mind: Could Ye Fang be the illegitimate son of a rich man in South Africa?
"Who is your eldest brother?" Zhang Zhongmou asked curiously.
"My eldest brother is a Russian oil tycoon. He is not as famous as my second brother, so let's not mention it." Ye Fang actually ignored his eldest brother Gorman.
"Oh... Really?!" Zhang Zhongmou laughed a few times and said, "Mr. Ye, I have an idea. How about our signing and cooperation ceremony be held at your oil field in South Africa?"
"Oh? You know it takes more than ten hours to fly from here to South Africa. Is your body okay?" Ye Fang asked doubtfully.
Zhang Zhongmou smiled and said, "My health is good. Besides, I have never been to Africa. Let's just treat this time as a vacation. Besides, I can't always fly my private plane, right?"
"Okay, I have no problem here. After you arrange the itinerary, tell me and we can set off immediately." Ye Fang said.
"Okay, it's settled." At this time, Zhang Zhongmou and his party walked to the door of the hotel.
At this moment, Ye Fang suddenly said, "Don't Chairman Zhang know that he cooperates with Uni-President Enterprise?"
"We are in two different industries, but Zhang Mingyuan, chairman of the board of directors of Uni-President Enterprises, we are very good friends. Why, Mr. Ye is also interested in the food industry?" Zhang Zhongmou asked as he walked.
"I am not interested in the food industry, but I am very interested in Uni-President Enterprises. I want to acquire Uni-President Enterprises!"
"What?! You want to acquire Uni-President Enterprises?" Zhang Zhongmou almost sat on the ground when he heard Ye Fang's words. Fortunately, Jiang Shangyi was beside him and supported Zhang Zhongmou in time.
"Yes, acquiring Uni-President Enterprises shouldn't require such a large amount of capital. I can't acquire TSMC. I can try to acquire Uni-President Enterprises." After Ye Fang said this, Zhang Zhongmou and the team of senior officials behind him looked at me. , I look at you, you really can’t accept Ye Fang’s character of “buying someone if they don’t agree with you”.
"Why do you want to acquire Uni-President Enterprise?" Zhang Zhongmou asked.
"I think his instant noodles are quite delicious. I can buy them and open the factory to South Africa." Ye Fang said with a smile.
"That's why?" Jiang Shangyi really couldn't understand Ye Fang's strange idea.
"This... we should be more cautious about this. Although Uni-President Enterprise is not as big as TSMC, it is also the light of Taiwanese enterprises. The two sides can cooperate for a win-win situation. There is no need to use such extreme means." Zhang Zhongmou was feeling a little anxious now and thought Hurry back and tell Zhang Mingyuan about this. If you encounter Ye Fang, a rich thief who doesn't follow common sense, you must win over him. Otherwise, Zhang Mingyuan's unified enterprise will most likely be destroyed in Ye Fang's hands.
Ye Fang stood at the door of the hotel and watched Zhang Zhongmou's car leave with a smile on his face. Su Yue asked doubtfully, "Shouldn't the acquisition of Uni-President Enterprises be carried out secretly? If you tell Zhang Zhongmou, doesn't it mean you have told Uni-President Enterprises? How can we acquire this?"
"If TSMC's equity acquisition had not gone so smoothly, Uni-President's acquisition could have been carried out secretly. But the situation is different now. Zhang Zhongmou can even agree to this condition, which means that he is really afraid of investing the billion US dollars in Zhang Rujing The more scared Zhang Zhongmou is, it means that the decision to invest in Zhang Rujing is extremely correct. As for Uni-President Enterprise, I just want to alert the snake! Just wait and see the stock price of Uni-President Enterprise soar in the afternoon!" Ye Fang laughed and turned back to the hotel.
Back at the hotel, Ye Fang called Bi Xingfa in front of Su Yue and only said, "Get ready to fish!"
"Okay!" Bi Xingfa on the other side of the phone happily agreed.
Ye Fang then made the same phone calls to Lu Jiaming in Xiangjiang and Feng Liping in Haojiang, with the same rhetoric.
"Why do I feel like you have a conspiracy?" Su Yue asked, looking at Ye Fang's malicious eyes.
"Of course there is a conspiracy. How can you make money without a conspiracy? The [-] million US dollars promised to Zhang Rujing and the [-] billion US dollars from TSMC are just wasted US dollars, not the worthless Taiwan dollars. I want to strive to land this project. To make this money back, the wool must come from the sheep." Ye Fang said with certainty.
At this time, Zhang Zhongmou called Zhang Mingyuan on the way back. Both of them had the surname Zhang, so they felt very close emotionally.
"Brother, what's the matter?" Zhang Mingyuan asked.
"Someone wants to acquire your unified enterprise." Zhang Zhongmou said in a low voice.
"Who doesn't want to live anymore and dares to take advantage of my company?" Zhang Mingyuan said unceremoniously.
"Don't think that just because you know two people on the road, you don't take them seriously. Anyone who dares to touch you will definitely not be afraid of you. Come to my company and let's have an interview." Zhang Zhongmou shouted directly.
"Okay, okay, brother, I'll be there right away." Zhang Mingyuan felt a little unsure when he heard that Zhang Zhongmou was so cautious. In terms of strength, Uni-President Enterprise cannot be compared with a behemoth like TSMC, but in the entire Taiwan business community, Uni-President Enterprise is also a well-known existence. With a net worth of tens of billions, Zhang Mingyuan stomps his feet and the entire Taiwan food industry trembles.
Zhang Mingyuan immediately called the driver and drove towards the TSMC building. At this time, news spread like wildfire that someone wanted to acquire Uni-President Enterprises, and naturally it was these senior officials of TSMC. These people secretly told their family and friends to buy Uni-President Enterprises as soon as the market opened in the afternoon, for fear that Uni-President's stock price would skyrocket if it was too late.
This kind of thing fermented very quickly, and it continued to ferment among friends of friends at a speed of one to ten and ten to hundreds. At noon, the market was full of news that Uni-President Enterprise was to be acquired by a certain capital tycoon.
As soon as the market opened in the afternoon, Uni-President's share price in Taiwan soared to the sky, hitting the daily limit. This continued for three days in a row. Uni-President instantly became a big bull stock in Taiwan's stock market. The stock prices of not only Uni-President, but also ASUS Computer, MediaTek and ASE Group are as high as chicken blood. The management of these companies are confused as to what went wrong.
Afterwards, several senior executives sent people to inquire about the market. It turned out that an investment company with a South African background was shopping around Taiwan in the past three days. Among these companies that had surged, they didn't know which one would become their target. Many people were confused. There are serious rumors, and some people familiar with the matter have spread in the market that the company has reached an equity transfer agreement with TSMC, and the transfer price is in the billions. Moreover, companies such as ASUS Computer are negotiating acquisitions with the person in charge of this South African company, and everything is spread.
These news have caused TSMC's stock price to rise upwards, but because TSMC is too large, it cannot be easily shaken by retail investors relying on some unreliable news.
Among them, Uni-President Enterprises has the sharpest increase. It has been rising by the daily limit for three consecutive days. The regulatory authorities of Taiwan's stock market have sent an inquiry letter to Zhang Mingyuan, asking whether Zhang Mingyuan has any intention to transfer equity.
It stands to reason that any listed company wants its stock to rise sharply, but this rise must be based on the company's fundamentals. If it deviates from the fundamentals, it will have an impact on the listed company's operations, so like The stock prices of Uni-President Enterprises are basically rising steadily along with their operating income. Even if they rise, they are one step at a time. If they rise continuously like this, it will immediately disrupt the company's business plan and financing amount. The most important thing is that this kind of irrational rise will eventually come to an end. Once it reaches a certain high point, it will immediately turn down. At that time, it is very easy for the stock price to deviate from the fundamentals.
This situation is something that all such high-quality listed companies do not want to see. Zhang Mingyuan did not pay too much attention after receiving the news from Zhang Zhongmou. He just reminded the company's investment department to pay close attention to the company's stock price changes. When the shares of Uni-President Enterprises continued to rise by the daily limit, Zhang Mingyuan seemed to feel a hint of danger, even a hint of conspiracy.
There is no way to acquire other people's companies so blatantly, as if they were afraid that others would not know about it, Zhang Mingyuan felt that all of this was a smoke screen put out by Ye Fang. Because he had received the news from Zhang Zhongmou in advance, Zhang Mingyuan sent someone to pay close attention to Su Yue's Jiangshan Holdings. He soon discovered that Su Yue's Jiangshan Holdings was still in the preparation stage. An investment account had not even been opened, and the company was still recruiting personnel. During the process, there was no sign at all, and no one approached me about the acquisition.
Soon the bosses of these listed companies noticed that the trading volume of their stocks had been increasing a few days ago, and it seemed that mysterious funds were involved. These people wanted to use various means to find out the background of these funds. I thought that when the market opened on the fourth day, Uni-President Enterprises was still hitting the daily limit, including high-tech stocks such as Asus Computer and MediaTek, which were also trending towards the daily limit. Selling orders swarmed away, and the trading volume of these stocks instantly increased. times, the stock price fell below yesterday's closing price in one fell swoop, and was directly knocked down to the limit.
For a moment, all the investors in the Taiwan stock market were stunned. They would have never imagined that high-tech stocks such as Asus Computer and MediaTek would fall to the limit. Even TSMC was implicated and fell 5.00%, and its market value instantly evaporated by more than one billion US dollars. . This kind of fierce trading technique has never been seen in recent years, and no one dares to take action on Tai Sui. Moreover, since the financial crisis in 98, the strength of Taiwan's stock market has just recovered, and this kind of pig-killing market has suddenly appeared again.
This was a heavy blow to ordinary investors. In the past few days, these stocks began to fall crazily, and even deviated from the initial price rise. The executives of these companies were so angry that they cursed their mothers. Everyone now feels that this seems to be the work of the South African businessman Ye Fang, otherwise the timing would not be so coincidental. If this kind of news can be used by others, it means that the whole thing was planned early in the morning. .
Zhang Zhongmou looked at these stocks that were approaching the limit and smiled in confusion. He now speculated that Ye Fang was behind it, but no one had any evidence. The executives of these companies are very important figures in Taiwan. It only takes a matter of minutes to find out the whereabouts of the funds. They found that the funds attacking their stocks came from all directions.
These funds come and go without a trace. They make a fortune and leave immediately. It is impossible to find out who is behind it. What even surprises these listed company bosses is that these funds are equivalent to more than NT$2000 billion, which is equivalent to US dollars. Nearly [-] billion, even if the profit is [-]%, there is still a profit of [-] billion. Who can mobilize such a large amount of funds to attack the Taiwan stock market.
This day is August 2000, 8, known in history as the 28 incident. That is to say, from this day on, the Taiwan Weighted Index fell from .828 points that day to 20 points in September 2001, with the maximum drop of 9%. It was even five points more than the 3493.78% drop in the Hong Kong stock market during the Asian Financial Crisis. This time, the stock market crash was triggered by the collapse of Taiwan's high-tech stocks. It was hailed as one of the top ten stock market disasters in Asia, which shows the far-reaching impact.
It was just that Ye Fang, the mastermind behind the scenes, never thought that his unintentional act would actually direct the famous stock market crash in Asia. This time, Ye Fang mobilized all the funds he could mobilize, and even drained the funds of Yongcheng Bank and increased the leverage several times. , equivalent to US$120 billion, took advantage of the information gap and time difference to catch the entire Taiwan stock market off guard.
This time, Ye Fang made a total profit of more than 30 billion US dollars. He kept 20 billion US dollars for himself. After deducting the leverage interest, the remaining profits were divided among Bi Xingfa, Lu Jiaming and Feng Liping according to their capital contribution. Afterwards, Wu Jianian of Yongcheng Bank couldn't help but feel scared. Once the funds were trapped this time, Yongcheng Bank would immediately go bankrupt and liquidate.
However, high risks bring high returns. The interest income from this fund immediately tripled Yongcheng Bank's profits this year, and the other three companies also received benefits. It can be said that everyone is happy.
It was this attack on Taiwan's stock market that made Taiwan's securities regulatory authorities aware of the loopholes in capital supervision. If it could have been discovered early on, the 2000 billion funds would not have been withdrawn so easily. Subsequently, Taiwan's regulatory authorities further improved the rules for funds entering and exiting the stock market. The system has plugged this loophole.
Just when Ye Fang was counting the money until he became weak, Xiang Yu, who had disappeared for several days, suddenly appeared in front of Ye Fang.
"There is news about my third brother!"
"Chairman, the board of directors will not agree to this matter." Jiang Shangyi reminded.
"I will talk to the board of directors." Zhang Zhongmou said nonchalantly. Obviously, Zhang Zhongmou still has absolute influence on TSMC's board of directors.
"Okay, thank you, Chairman Zhang. I'm rarely in Taiwan. From now on, President Su will handle the affairs here." Ye Fang said.
"Hello, Director Zhang!" Su Yue extended her hand generously.
Zhang Zhongmou shook his hand gently and said, "Welcome Mr. Su to join the TSMC family."
"What an honor!" Su Yue said politely.
When everyone walked out of the hotel together, Zhang Zhongmou said, "I wonder when I will be lucky enough to visit Mr. Ye's oil field?"
"You are welcome at any time. When the time comes, I will ask my second brother to welcome Chairman Zhang with the courtesy of a state guest!" Ye Fang said with a smile.
"Who is your second brother?" Zhang Zhongmou was slightly surprised.
"My second brother is President Mbeki of South Africa." Ye Fang said proudly.
Before, Zhang Zhongmou only knew that Ye Fang was a South African businessman with a government background, but he did not expect that Ye Fang had such a deep relationship with the President of South Africa, to the point of being brothers. If Ye Fang is not a liar, then Ye Fang's network resources are incredible. No wonder he can open oil fields and diamond mines in South Africa.
At this time, a thought suddenly flashed in Zhang Zhongmou's mind: Could Ye Fang be the illegitimate son of a rich man in South Africa?
"Who is your eldest brother?" Zhang Zhongmou asked curiously.
"My eldest brother is a Russian oil tycoon. He is not as famous as my second brother, so let's not mention it." Ye Fang actually ignored his eldest brother Gorman.
"Oh... Really?!" Zhang Zhongmou laughed a few times and said, "Mr. Ye, I have an idea. How about our signing and cooperation ceremony be held at your oil field in South Africa?"
"Oh? You know it takes more than ten hours to fly from here to South Africa. Is your body okay?" Ye Fang asked doubtfully.
Zhang Zhongmou smiled and said, "My health is good. Besides, I have never been to Africa. Let's just treat this time as a vacation. Besides, I can't always fly my private plane, right?"
"Okay, I have no problem here. After you arrange the itinerary, tell me and we can set off immediately." Ye Fang said.
"Okay, it's settled." At this time, Zhang Zhongmou and his party walked to the door of the hotel.
At this moment, Ye Fang suddenly said, "Don't Chairman Zhang know that he cooperates with Uni-President Enterprise?"
"We are in two different industries, but Zhang Mingyuan, chairman of the board of directors of Uni-President Enterprises, we are very good friends. Why, Mr. Ye is also interested in the food industry?" Zhang Zhongmou asked as he walked.
"I am not interested in the food industry, but I am very interested in Uni-President Enterprises. I want to acquire Uni-President Enterprises!"
"What?! You want to acquire Uni-President Enterprises?" Zhang Zhongmou almost sat on the ground when he heard Ye Fang's words. Fortunately, Jiang Shangyi was beside him and supported Zhang Zhongmou in time.
"Yes, acquiring Uni-President Enterprises shouldn't require such a large amount of capital. I can't acquire TSMC. I can try to acquire Uni-President Enterprises." After Ye Fang said this, Zhang Zhongmou and the team of senior officials behind him looked at me. , I look at you, you really can’t accept Ye Fang’s character of “buying someone if they don’t agree with you”.
"Why do you want to acquire Uni-President Enterprise?" Zhang Zhongmou asked.
"I think his instant noodles are quite delicious. I can buy them and open the factory to South Africa." Ye Fang said with a smile.
"That's why?" Jiang Shangyi really couldn't understand Ye Fang's strange idea.
"This... we should be more cautious about this. Although Uni-President Enterprise is not as big as TSMC, it is also the light of Taiwanese enterprises. The two sides can cooperate for a win-win situation. There is no need to use such extreme means." Zhang Zhongmou was feeling a little anxious now and thought Hurry back and tell Zhang Mingyuan about this. If you encounter Ye Fang, a rich thief who doesn't follow common sense, you must win over him. Otherwise, Zhang Mingyuan's unified enterprise will most likely be destroyed in Ye Fang's hands.
Ye Fang stood at the door of the hotel and watched Zhang Zhongmou's car leave with a smile on his face. Su Yue asked doubtfully, "Shouldn't the acquisition of Uni-President Enterprises be carried out secretly? If you tell Zhang Zhongmou, doesn't it mean you have told Uni-President Enterprises? How can we acquire this?"
"If TSMC's equity acquisition had not gone so smoothly, Uni-President's acquisition could have been carried out secretly. But the situation is different now. Zhang Zhongmou can even agree to this condition, which means that he is really afraid of investing the billion US dollars in Zhang Rujing The more scared Zhang Zhongmou is, it means that the decision to invest in Zhang Rujing is extremely correct. As for Uni-President Enterprise, I just want to alert the snake! Just wait and see the stock price of Uni-President Enterprise soar in the afternoon!" Ye Fang laughed and turned back to the hotel.
Back at the hotel, Ye Fang called Bi Xingfa in front of Su Yue and only said, "Get ready to fish!"
"Okay!" Bi Xingfa on the other side of the phone happily agreed.
Ye Fang then made the same phone calls to Lu Jiaming in Xiangjiang and Feng Liping in Haojiang, with the same rhetoric.
"Why do I feel like you have a conspiracy?" Su Yue asked, looking at Ye Fang's malicious eyes.
"Of course there is a conspiracy. How can you make money without a conspiracy? The [-] million US dollars promised to Zhang Rujing and the [-] billion US dollars from TSMC are just wasted US dollars, not the worthless Taiwan dollars. I want to strive to land this project. To make this money back, the wool must come from the sheep." Ye Fang said with certainty.
At this time, Zhang Zhongmou called Zhang Mingyuan on the way back. Both of them had the surname Zhang, so they felt very close emotionally.
"Brother, what's the matter?" Zhang Mingyuan asked.
"Someone wants to acquire your unified enterprise." Zhang Zhongmou said in a low voice.
"Who doesn't want to live anymore and dares to take advantage of my company?" Zhang Mingyuan said unceremoniously.
"Don't think that just because you know two people on the road, you don't take them seriously. Anyone who dares to touch you will definitely not be afraid of you. Come to my company and let's have an interview." Zhang Zhongmou shouted directly.
"Okay, okay, brother, I'll be there right away." Zhang Mingyuan felt a little unsure when he heard that Zhang Zhongmou was so cautious. In terms of strength, Uni-President Enterprise cannot be compared with a behemoth like TSMC, but in the entire Taiwan business community, Uni-President Enterprise is also a well-known existence. With a net worth of tens of billions, Zhang Mingyuan stomps his feet and the entire Taiwan food industry trembles.
Zhang Mingyuan immediately called the driver and drove towards the TSMC building. At this time, news spread like wildfire that someone wanted to acquire Uni-President Enterprises, and naturally it was these senior officials of TSMC. These people secretly told their family and friends to buy Uni-President Enterprises as soon as the market opened in the afternoon, for fear that Uni-President's stock price would skyrocket if it was too late.
This kind of thing fermented very quickly, and it continued to ferment among friends of friends at a speed of one to ten and ten to hundreds. At noon, the market was full of news that Uni-President Enterprise was to be acquired by a certain capital tycoon.
As soon as the market opened in the afternoon, Uni-President's share price in Taiwan soared to the sky, hitting the daily limit. This continued for three days in a row. Uni-President instantly became a big bull stock in Taiwan's stock market. The stock prices of not only Uni-President, but also ASUS Computer, MediaTek and ASE Group are as high as chicken blood. The management of these companies are confused as to what went wrong.
Afterwards, several senior executives sent people to inquire about the market. It turned out that an investment company with a South African background was shopping around Taiwan in the past three days. Among these companies that had surged, they didn't know which one would become their target. Many people were confused. There are serious rumors, and some people familiar with the matter have spread in the market that the company has reached an equity transfer agreement with TSMC, and the transfer price is in the billions. Moreover, companies such as ASUS Computer are negotiating acquisitions with the person in charge of this South African company, and everything is spread.
These news have caused TSMC's stock price to rise upwards, but because TSMC is too large, it cannot be easily shaken by retail investors relying on some unreliable news.
Among them, Uni-President Enterprises has the sharpest increase. It has been rising by the daily limit for three consecutive days. The regulatory authorities of Taiwan's stock market have sent an inquiry letter to Zhang Mingyuan, asking whether Zhang Mingyuan has any intention to transfer equity.
It stands to reason that any listed company wants its stock to rise sharply, but this rise must be based on the company's fundamentals. If it deviates from the fundamentals, it will have an impact on the listed company's operations, so like The stock prices of Uni-President Enterprises are basically rising steadily along with their operating income. Even if they rise, they are one step at a time. If they rise continuously like this, it will immediately disrupt the company's business plan and financing amount. The most important thing is that this kind of irrational rise will eventually come to an end. Once it reaches a certain high point, it will immediately turn down. At that time, it is very easy for the stock price to deviate from the fundamentals.
This situation is something that all such high-quality listed companies do not want to see. Zhang Mingyuan did not pay too much attention after receiving the news from Zhang Zhongmou. He just reminded the company's investment department to pay close attention to the company's stock price changes. When the shares of Uni-President Enterprises continued to rise by the daily limit, Zhang Mingyuan seemed to feel a hint of danger, even a hint of conspiracy.
There is no way to acquire other people's companies so blatantly, as if they were afraid that others would not know about it, Zhang Mingyuan felt that all of this was a smoke screen put out by Ye Fang. Because he had received the news from Zhang Zhongmou in advance, Zhang Mingyuan sent someone to pay close attention to Su Yue's Jiangshan Holdings. He soon discovered that Su Yue's Jiangshan Holdings was still in the preparation stage. An investment account had not even been opened, and the company was still recruiting personnel. During the process, there was no sign at all, and no one approached me about the acquisition.
Soon the bosses of these listed companies noticed that the trading volume of their stocks had been increasing a few days ago, and it seemed that mysterious funds were involved. These people wanted to use various means to find out the background of these funds. I thought that when the market opened on the fourth day, Uni-President Enterprises was still hitting the daily limit, including high-tech stocks such as Asus Computer and MediaTek, which were also trending towards the daily limit. Selling orders swarmed away, and the trading volume of these stocks instantly increased. times, the stock price fell below yesterday's closing price in one fell swoop, and was directly knocked down to the limit.
For a moment, all the investors in the Taiwan stock market were stunned. They would have never imagined that high-tech stocks such as Asus Computer and MediaTek would fall to the limit. Even TSMC was implicated and fell 5.00%, and its market value instantly evaporated by more than one billion US dollars. . This kind of fierce trading technique has never been seen in recent years, and no one dares to take action on Tai Sui. Moreover, since the financial crisis in 98, the strength of Taiwan's stock market has just recovered, and this kind of pig-killing market has suddenly appeared again.
This was a heavy blow to ordinary investors. In the past few days, these stocks began to fall crazily, and even deviated from the initial price rise. The executives of these companies were so angry that they cursed their mothers. Everyone now feels that this seems to be the work of the South African businessman Ye Fang, otherwise the timing would not be so coincidental. If this kind of news can be used by others, it means that the whole thing was planned early in the morning. .
Zhang Zhongmou looked at these stocks that were approaching the limit and smiled in confusion. He now speculated that Ye Fang was behind it, but no one had any evidence. The executives of these companies are very important figures in Taiwan. It only takes a matter of minutes to find out the whereabouts of the funds. They found that the funds attacking their stocks came from all directions.
These funds come and go without a trace. They make a fortune and leave immediately. It is impossible to find out who is behind it. What even surprises these listed company bosses is that these funds are equivalent to more than NT$2000 billion, which is equivalent to US dollars. Nearly [-] billion, even if the profit is [-]%, there is still a profit of [-] billion. Who can mobilize such a large amount of funds to attack the Taiwan stock market.
This day is August 2000, 8, known in history as the 28 incident. That is to say, from this day on, the Taiwan Weighted Index fell from .828 points that day to 20 points in September 2001, with the maximum drop of 9%. It was even five points more than the 3493.78% drop in the Hong Kong stock market during the Asian Financial Crisis. This time, the stock market crash was triggered by the collapse of Taiwan's high-tech stocks. It was hailed as one of the top ten stock market disasters in Asia, which shows the far-reaching impact.
It was just that Ye Fang, the mastermind behind the scenes, never thought that his unintentional act would actually direct the famous stock market crash in Asia. This time, Ye Fang mobilized all the funds he could mobilize, and even drained the funds of Yongcheng Bank and increased the leverage several times. , equivalent to US$120 billion, took advantage of the information gap and time difference to catch the entire Taiwan stock market off guard.
This time, Ye Fang made a total profit of more than 30 billion US dollars. He kept 20 billion US dollars for himself. After deducting the leverage interest, the remaining profits were divided among Bi Xingfa, Lu Jiaming and Feng Liping according to their capital contribution. Afterwards, Wu Jianian of Yongcheng Bank couldn't help but feel scared. Once the funds were trapped this time, Yongcheng Bank would immediately go bankrupt and liquidate.
However, high risks bring high returns. The interest income from this fund immediately tripled Yongcheng Bank's profits this year, and the other three companies also received benefits. It can be said that everyone is happy.
It was this attack on Taiwan's stock market that made Taiwan's securities regulatory authorities aware of the loopholes in capital supervision. If it could have been discovered early on, the 2000 billion funds would not have been withdrawn so easily. Subsequently, Taiwan's regulatory authorities further improved the rules for funds entering and exiting the stock market. The system has plugged this loophole.
Just when Ye Fang was counting the money until he became weak, Xiang Yu, who had disappeared for several days, suddenly appeared in front of Ye Fang.
"There is news about my third brother!"
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