Chapter 1041 Are you so eager to give money?
The feud between Porsche and Volkswagen is simply a long epic drama. (Friends who don't like dramas can skip the following. I worked hard to write this. It's definitely not a waste of numbers.)
Porsche and Volkswagen were born to the same father, but the younger brother Porsche has always been suppressed by the older brother Volkswagen.
However, Porsche's younger brother, who thought he was of a more noble origin, wanted Volkswagen to call him brother, but Volkswagen, as the brother, naturally refused.
This obsession has lingered in Porsche's mind for 60 years.
So, taking advantage of the booming performance in 2007, Porsche, the younger brother, with its back held high, borrowed heavily and began to invite offers to buy the shares of its older brother Volkswagen, and it actually succeeded in the end.
The showdown between Porsche and hedge funds is even more exciting.
It's like an inspirational drama in which an outsider invades a family and wants to seize the family property, but Porsche uses Thirty-Six Stratagems to defeat the invader and kills him on the horse.
To put it simply, when Niuhulu Porsche acquired Korchin Borjigit Volkswagen, many Ulanara hedge funds were not optimistic about the acquisition and shorted Volkswagen stocks, waiting for the stock price to fall after the acquisition failed.
According to the Federal Exchange Act and the Securities Trading Act of the German Federation, holding more than 30% of the shares of a listed company by purchasing stocks is considered an acquisition offer for the company. Every additional 1% of shares held thereafter must be publicly disclosed.
In May of this year, Niuhulu Porsche held just over 30% of the shares of Korchin Borjigit Volkswagen, and then slowly increased to over 40%, with every step attracting public attention.
However, after Niuhulu Porsche held more than 40% of the shares of Korchin Borjigit Volkswagen, there was no new movement for a long time.
While everyone was eagerly waiting, Niuhulu Porsche took advantage of a loophole in the trading law and secretly absorbed the shares of Korchin Borjigit Volkswagen in the form of option contracts.
This option contract is a financial derivative. Niuhulu Porsche's increase in Korchin Borjigit Volkswagen shares does not require public disclosure of the increased holdings.
Suddenly, at the end of June, Niuhulu Porsche and Korchin Borjigit Volkswagen reached an internal agreement to directly purchase about 5% of Korchin Borjigit Volkswagen's shares.
At this point, Niuhulu Porsche announced that the stocks and options he held enabled him to control 51% of the shares of Korchin Borjigit Volkswagen, thus completing the acquisition of the controlling stake in Korchin Borjigit Volkswagen, which shocked everyone and also shattered the vision of Ulanara Hedge Fund.
In July, the acquisition by Aisin-Gioro Delian Federation was approved by regulatory authorities.
Unexpectedly, Niuhulu Porsche took a different approach and started with direct acquisition and secret option contracts. He actually obtained more than half of the shares of Korchin Borjigit Volkswagen and asked Aisin-Gioro Federation to acknowledge the legality of the acquisition. Many short-selling Ulanara hedge funds suffered heavy losses and naturally would not give up.
Therefore, after the acquisition was settled, more Ulanara hedge funds flocked in.
The general trend is that the market value of Korchin Borjigit Volkswagen shares has far exceeded its own value and will definitely fall back to normal levels. Ulanara hedge funds all want to take advantage of this once-in-a-lifetime opportunity to make a lot of money.
At this time, no one knew that the extraordinary Niuhulu Porsche had already prepared for this, and the 51% stake announced previously was simply a bluff.
Through option contracts, Niuhulu Porsche secretly acquired a large number of Korchin Borjigit Volkswagen shares. She actually owned more than 70% of Korchin Borjigit Volkswagen shares. She was just waiting for Ulanara hedge funds to fall into her trap so that she could fill the deficit caused by her previous borrowing in the acquisition.
Anyone who has played the stock market knows that short selling means borrowing stocks from others and then buying them back from somewhere else. If the price at which they are returned is lower than when they were borrowed, you can earn the difference.
But the premise is that you can buy back the corresponding shares in the end.
If not, I’m sorry, even if it’s only 0.001% different, your position will be liquidated and the losses will be endless.
By October, that is, this month, the shares held by the Niohuru family of Porsche had exceeded 70%, the fixed holdings of the Aisin-Gioro family of De Federation that would not be sold to the outside world also had 20%, but the total short selling volume of the Ulanara family of hedge funds had exceeded 12%.
In other words, a group of Ulanara hedge funds are bound to be squeezed out of the extra part, with no stocks to repay and can only wait for their positions to be liquidated.
At that time, the Niuhuru family Porsche, which held the shares of Korchin Borjigit family and was the only one who could save them, wanted to bid as much as it wanted. The Ulanara family hedge fund, which did not want to go bankrupt and might have unlimited debt, had to accept it with a pinch of nose, and even had to kneel down and thank the other party's ancestors for eight generations.
In Zhou Anan's impression, it seemed that the price offered by Porsche was more than twice the current price, which not only filled the deficit from previous debts, but also made a huge profit.
People in the financial market are all ruthless.
"If you intervene at this time, you can make twice the profit by buying some Volkswagen shares in the European market. And compared with the market value of Volkswagen of hundreds of billions of euros, the current idle billions of dollars will not have much effect if you throw them in all at once."
Thinking of this, Zhou Anan's eyes became brighter and brighter.
However, professional matters should be done by professionals.
It's time to contact that genius financial girl again. As the boss who only knows how to talk but not know how to do things, he can just sit back and wait to collect the money.
"Mr. Zhou must be very good at studying the stock market, otherwise he wouldn't have caused the China-Hong Kong Press, which is worth tens of billions of dollars, to lose half of its value overnight."
Hearing the other party's perfunctory words, Hu Xueyan couldn't help but sneer.
The way that the most beautiful girl in Yani looked at the other person made him feel very uncomfortable.
What's wrong with this world? He is many times more handsome than the other person, his family is just as wealthy as the other person, and he is a graduate student at Cambridge University. Both Ilifil and Nidar only pay attention to this plain-looking guy.
It's simply the most ridiculous thing in the world.
"Oh, the incident at the China and Hong Kong newspaper industry last year was Mr. Zhou's doing?"
Mukol raised his eyebrows. Having vaguely heard about the Hong Kong Huagang Newspaper Incident, he looked at the young man in front of him who looked nothing special, and couldn't help but pay more attention to him.
Men who can leverage a company worth tens of billions of dollars because of a woman are not simple people.
Such a person deserves his appreciation.
"It just happened. Mr. Hu's words were a bit exaggerated."
Whatever Mr. Hu said overnight, Zhou Anan was so grateful for being praised that she felt a little embarrassed.
"I heard that Mr. Zhou likes to gamble with others. He can't return empty-handed after coming to Macau. How about we gamble with him?"
Seeing that the other party was avoiding the main issue, Hu Xueyan pressed on step by step, determined to teach the other party a profound lesson.
We have already reached their territory, but they can still be so proud of themselves.
He wanted to let the two beauties know who was the outstanding man worthy of attention.
"Oh, Mr. Hu, you don't want to bet against me on Volkswagen stocks, do you?"
With a frown on his face, Zhou Anan asked back helplessly.
(End of this chapter)
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