434: Chapter 434 Who exactly is Silver Lake Investment?

"This is a good thing! They are preparing to settle the stocks, which means they are panicking too. We just need to take this opportunity to drive the stock price up, and we can turn around and harvest Transsion."

A glimmer of hope flashed in the eyes of the JPMorgan representative; this might be their chance.

However, the Sequoia representative opposite him immediately poured cold water on him.

"No. Actually, while they were smashing the market, they had long been accumulating chips with other small accounts... Besides, our board of directors has already finished an emergency meeting, requiring us to provide a loss-stop plan within three days."

"Stop loss? Stopping loss now means losing 6 billion, and these are Chinese people. When to stop isn't up to us, is it?"

"But if we don't stop the loss, we'll lose 10 billion?"

The heads of several investment banks started arguing, but they all had one consensus.

In this small-scale financial war, the losses belong to the United States, not them.

And with the lessons from the 2008 financial crisis in mind, no one would play too excessively, but in the end, there would be losses. Can it be the investment banks, can they make the Federal Reserve take responsibility...

So, without any communication, everyone simultaneously lit a cigarette, and the smoke curled upwards.

The Goldman Sachs representative picked up the remote control and turned off the scrolling stock prices on the big screen. No one stopped his action.

After a moment, the representative from Sequoia Investment raised his hand: "Let's vote! Raise your hand if you agree to stop the loss."

At first, some people in the conference room were pretending, but as the cigarettes burned out.

The first one to raise his hand was actually Goldman Sachs, who had been insisting firmly, and the other firms quickly followed suit.

That afternoon, the five investment banks liquidated their positions simultaneously, and the protective funds for TSMC retreated completely.

Huang Tianya sat in his office, watching the massive sell orders suddenly appearing on the screen, the corners of his mouth twitching.

"They've cut their losses."

"Completely liquidating, all selling regardless of cost."

Of course, saying it's regardless of cost, but actually there was still a sequence; pulling up while selling to let retail investors take the bait.

Although some people wanted to boldly short in reverse, they didn't expect that Huang Tianya would choose to give up on the chips in his hand.

After all, the chips in his hand were enough to be a market maker; they wanted to reduce losses, not maximize them.

After the protective funds withdrew, TSMC and Samsung completely became abandoned pieces.

"I'm ready, time to harvest."

Huang Tianya also stood up to assign work to everyone: "We start harvesting, prepare to settle the short orders. Then continue to lurk."

Yesterday morning, Transsion Investment Department conference room.

Huang Tianya reported the final settlement list to Shen Fei.

Shorting TSMC and Samsung cost a total of 6.5 billion in principal, with four times leverage. This profit was 8.7 billion USD, plus a certain amount of stock chips.

After deducting interest and handling fees, the net profit was about 8.4 billion USD, equivalent to a new mining base?

An assistant on the side said: "Director Huang, the intelligence from over there is also out. The United States investment banks lost less than 9 billion in total this time. Many retail investors on Wall Street are already scolding these investment banks, believing that it was because of them that they lost money!"

"Human desire is endless; it is they who were greedy!"

...

Meanwhile, domestically, Shen Fei and the others saw Huang Tianya's profit figure and once again shed tears of envy.

"Director Shen, how many chips do I have to sell for this?"

"If our smart home division can have this much surplus this year, I'd be thankful to the heavens."

"This thing is risky, but the money comes really fast. No wonder everyone abroad is touting finance..."

"Old Li, with your technology, let alone financial ashes, you are one of those retail investors!"

"Hey, no personal attacks. We make chips, not investments. We know our own level."

Everyone laughed out loud; after all, this money was used for baiting.

Shen Fei's attention quickly shifted from the funds to the group of experts.

"What stage has it progressed to now?"

Professor Li Jiahui was the first to stand up: "Director Shen, we have already kept their interest with some projects, and now many people have started to consult voluntarily."

"That's good!"

...

Meanwhile, on the other side of the ocean.

Silver Lake Capital's office occupies the top floor of a building on Sand Hill Road.

The location is excellent; outside the floor-to-ceiling windows are the red roofs of Stanford University.

The backers behind the investment bank, founded last year, cover the entire United States semiconductor supply chain.

Sequoia Capital contributed 20%, Qualcomm contributed 15%, Google and Microsoft each contributed 10%, Intel, Broadcom, Micron, and Western Digital also contributed a portion, and there are several old-fashioned Wall Street funds pieced together.

Its mission is only one sentence: To counterbalance China's entire industrial chain.

Silver Lake Capital is not an investment bank; Silver Lake is a weapon!

Qualcomm was suppressed by Transsion in chips, Google's system had its Southeast Asia market seized by Transsion, and Micron and Western Digital were forced to lower prices by Transsion's storage business.

As for the investment banks, that goes without saying; they just finished paying tuition.

This was the consensus reached by several companies after discussing last year. Since they couldn't win fighting alone, they would unite and use capital to fight.

The focus of this meeting was to discuss the financing plan for Xiaomi and the background investigation of another mobile phone company called Ruiyi Mobile.

Presiding over the meeting was Silver Lake CEO Mark Thompson, who was a former global executive of the Goldman Sachs TMT group and was sent by Goldman Sachs to take charge of Silver Lake.

"Xiaomi has replied. Lei Jun only agrees to sell 30%, will not let us hold a controlling stake, and will not let us interfere with management rights. But he agrees to use Qualcomm for overseas markets, and Qualcomm and MediaTek for the domestic market, but he wants to retain 30% of the independent choice right in the domestic market."

Just as he finished speaking, the Qualcomm representative sitting opposite him sneered directly.

"Who does Lei Jun think he is? Leaving 30% of independent rights in the flower market is leaving a backdoor for Transsion chips. We want an obedient dog, not someone with ambition."

"To put it bluntly, he wants to eat from both sides, taking our money to use Transsion chips to build his persona."

"Then why are we investing in him? While helping him grow bigger and stronger, let him quietly use Transsion's goods, send money to the other party, and let him come hit us?"

Thompson pushed the Xiaomi file aside, and the others nodded silently. This kind of two-faced person with ideas can be excluded from the first choice.

"Ruiyi Mobile. Founder Lu Mingyuan, son of a former B-level official in China. Previously wanted to forcibly buy shares in Transsion, used family power to pressure Transsion. As a result, Shen Fei fought back directly. Lu Mingyuan's whole family was investigated, his father, who was originally half a step... was stripped of everything, and now holds a leisure post at the CPPCC. However, a lean camel is bigger than a horse. Lu Mingyuan has also started a business, started a mobile phone company. The current shipment volume is not large, with a market share of about 3%!"