Chapter 177 The scam will last forever


    Yu Xing rushed back to Shencheng alone.


    There are too many things I have thought about along the way, including the re-exit of the cave after passing the mountain, and various issues during this inspection in the south. I occasionally think of the dialogue and exchanges in Pengcheng.


    When he got into the taxi, he felt the huge difference in temperature and couldn''t help but say, "It''s so hot here in Shencheng."


    "Where did the young man come from?" The taxi master asked after hearing this.


    "I came back from Lincangfei." Yu Xing replied, "It''s only over twenty degrees over there, but today I have to be over thirty degrees over here."


    "Oh, Lincang is far away." The master glanced at the passenger seat with his eyes, "Are you going to travel there?"


    Yu Xing smiled and said, "Do business."


    The master asked with some confusion: "What business is there? Do you do tea or wood?"


    Yu Xing looked at the master and smiled and said, "I won''t tell you, it''s a big business anyway."


    The master took advantage of the traffic light to look at the passengers, and finally made sure in his heart that the young man had shallow eyelids, but it was just a big business that he had blown up.


    At 7:30 pm, a business involving a billion-dollar market value was revealed in front of Yu Xing and Liu Wanying.


    Just like last time, successful short selling will quickly evaporate the market value of the target company. The difference is that you can eat more this time, although it is still far from the huge market value.


    "For more than 26 million shares, Paulson''s fund is the third largest shareholder, and its share price has also been pushed to 17.8 Canadian dollars." Yu Xing examined the latest information on the paper version, "The company''s market value seems to be about to exceed 5 billion US dollars, and Jiahan Forestry has risen a lot during this period."


    "During this period, the rich man from New Zealand, Chandler first increased his holdings, and then Davis in New York. Now Paulson is increasing his holdings. Judging from this trend, if nothing unexpected happens, Paulson will continue to increase his holdings." Liu Wanying said seriously, "He has already determined that Jiahan Forestry is a good company."


    She paused and added: "Paulson and his actions are now a continuation of previous decisions. In addition to their review of the company and on-site research, I now think there is another factor that Paulson has considered."


    Yu Xing asked while flipping through the summary information: "What is it?"


    "Jiahan Forestry''s main asset is in China, but it was initially listed in Canada through acquisitions." Liu Wanying said thinking, "But it is now known as the largest private forestry company in the northern hemisphere, so it is possible to conduct a dual listing in Xiangjiang, which will inevitably greatly stimulate the stock price."


    Yu Xing asked with interest: "Do you think Chen Deyuan, the boss of Jiahan Forestry, will he hint this to these major foreign shareholders intentionally or unintentionally?"


    Liu Wanying pondered for a while and agreed: "It seems that I really need one or several assistants, so that I can think and supplement from different angles."


    Yu Xing smiled and said, "He is worth learning from."


    "It''s not uncommon to say it, it''s like..." Liu Wanying looked at Boss Yu next to her, "It''s like you cut your stomach open with a scalpel, and you will soon see the state of the internal organs, and then you will reverse the possible situation."


    Yu Xing was obviously adapted to this metaphor and nodded in approval.


    Liu Wanying waited for Boss Yu to look through a few more pages before continuing: "The fund Paulson used to buy stocks was established in October last year and now manages $1.5 billion in assets. Judging from the stocks it bought this year, it is mainly in the fields of hotels, real estate companies, financial services companies, etc., which are obviously inclined to benefit from the long-term economic recovery."


    "In this way, we can infer that Paulson is optimistic about the long-term trend of the economy and wants to pick up the **** chips he wants to pick up now."


    The stock market collapsed after the financial crisis, and many assets were sold out in panic. Paulson, who made profits from the crisis, is naturally buying **** chips, including the stocks of Bank of America and Citigroup, and naturally including Jiahan Forestry.


    Yu Xing smiled and said, "The chips we picked up this time were also stained with some blood stains from Paulson."


    Liu Wanying added: "Also, almost 40% of the funds are Paulson''s own funds."


    Yu Xing nodded slightly: "Then he will be more motivated to be responsible for the losses of Jiahan Forestry."


    Not only the customer''s money, but also the large amount of money of your own, it has to be hedged. The funds under its jurisdiction cannot be operated publicly. Put the customer''s money aside first and you have to carefully calculate your own money.


    He read the latest information he had sorted out, thought about it and asked, "Then how can you ensure that your communication with Paulson go smoothly?"


    "I have two email addresses now, one is Paulson''s public email address and the other is the fund''s contact email address. It is quite common to use email addresses abroad." Liu Wanying said carefully, "I will send it to Paulson first. If there is no response, then send it to the fund." She said this and opened her notebook and showed the emails she had written. In addition to the attachment of the research report of Kushanfeng, the content is a regular topic, "We noticed that the company you invest in has major fraud problems."


    Yu Xing had read Xiaoying''s research report again on the way here. He saw the email again. After thinking, he said, "The effect seems not to be explosive enough. I think it can be changed. Jiahan Forestry''s scam is nothing more than a Ponzi scheme. The ''Madoff'' that I entered last year can be used. What we need to face is the US and Canadian markets. His name makes people clear what this is."


    In December last year, Wall Street legend and former chairman of the board of directors Madoff was arrested on suspicion of securities fraud. It is considered the largest fraud case in American history. It is estimated that the losses to investors may be as high as $50 billion.


    His technique is also not surprising, with high interest returns and development of offline development.


    However, because of Madoff''s brilliant career, the scale of this capital market has set a record.


    It is worth mentioning that Morgan was also charged with Madoff scam and is believed to be suspected of violating two felony crimes under the Bank Secrecy Act.


    Guoshanfeng initiated short selling and took out the newly released fraudster "Madoff", which will surely leave a deep impression on the industry.


    "Just write like this, we start with accusation." Yu Xing picked up the blank sketch on the back of the document, "—We found the second Madoff, Paulson, why are you involved in the fraud of Jiahan Forestry!"


    After writing this sentence, he suggested: "The beginning of the research report also starts with Madoff, and writes, ''There is nothing new under the sun, we have discovered another Madoff''."


    "Then just use the original text of the Bible." Liu Wanying accepted the suggestion and had new ideas.


    There is nothing new under the sun. The Bible "What has existed will be again afterwards, and what has been done will be again afterwards. There is nothing new under the sunlight" is just right for the understanding and taste of the Western market.


    Yu Xing nodded: "Okay."


    Liu Wanying distracted her mind for a while and wanted to change her expression: "There is another saying in the Bible, ''One generation has passed, one generation has come again, but the earth has lasted forever''. I want to change it to ''One generation has come again, one generation has come again, and the scam has lasted forever'' as the beginning of the report. What do you think?"


    Yu Xing thought for a while and smiled, "It''s great, just do you want to do this. Our research reports will start with this sentence in the future, and the second sentence is the specific fraud company."


    - Generations have passed, generations have come again, and the scams have lasted forever.


    -We see another Madoff-style company with a market value of 5 billion yuan, Jiahan Forestry.


    He wrote the first two sentences of the drafted research report on the document.


    After thinking carefully, both of them thought it was very good. The first sentence could be used as a landmark greeting for the Peak Report, which includes both the cultural understanding of the Western audience and the ongoing scam.


    Liu Wanying admired it for a while and joked: "I want to print the ''scam forever'' as a business card. Well, if you walk in the West, this business card is ''deceitremainethforever''."


    The research report is to be translated into English, so the sample of the first sentence is the original sentence in the Bible.


    "We just need to throw the cup with Paulson now." Yu Xing separated from his artistic expression techniques and returned to what he needed to deal with in reality.


    "Our goal this time is to resolve the battle within one day. I plan to set it on Friday on August 19th." Liu Wanying said the time, "If Paulson cooperates, Friday will be a panic-style sell-off."


    Today is Sunday the 14th, and there are still five days left.


    Yu Xing agreed and said, "So, in order to prevent Paulson from having any tricks, we will inform the other two shareholders in advance while the market is closed, and then set the time for the report to be issued on Thursday."


    Liu Wanying was slightly stunned and agreed with Paulson that the time for the cup to fall was Friday, and then notified the other two shareholders who also had stocks to short on Thursday. One was caught off guard and the other was to cut their losses as soon as possible. The stampede may be even more serious.


    In order to prevent Paulson from having tricks, he has to play tricks first.


    Liu Wanying was silent for a while and said sincerely: "The scam will last forever."


    (This chapter ends)