Chapter 952 Bad news coming one after another
Xu Liang looked at the oil futures price on the display screen, which remained at 59.4 US dollars, and sighed inwardly.
I am really unwilling to give in.
If he still has 20 billion US dollars in hand, he will definitely drive up oil prices.
But he only has 9 billion US dollars left in his hands. Even if he invests all of it, it is impossible to raise the price of oil to 64 US dollars.
But according to Hanhua’s analysis.
Only if the price of oil climbs to $64, can it touch the forced liquidation line of Old Soros and others.
So there was clearly a chance to win, but I couldn't grasp it because of my lack of strength. You can imagine the regret in my heart.
Thinking back on the many companies under my umbrella.
Assets owned by Hongyan.
Except for the shares of Standard Chartered Bank, basically everything that can be mortgaged has been mortgaged.
Standard Chartered is the financial core he built for the Xu Group, and the equity must never be given away.
So, even if he is in a desperate situation, he will not use it as a mortgage.
After hesitating for a long time, he had to compromise further.
Take out Kunlun Technology and Huaxia Liquor Group under Hanhua.
Kelong Supermarket will be listed soon, so it is not suitable for loans, otherwise it will affect bond underwriting.
Kunlun Technology and Huaxia Liquor Industry were not mortgaged to Standard Chartered, but to Hongmeng.
With the sale of Universal Music Group and its own profits, Hongmeng’s cash assets on its books are close to US$15 billion.
Although there is still a corporate debt of US$5 billion to be repaid at the end of the year.
But at least the funds are sufficient now.
The most important thing is that Kunlun Technology, China Wine Industry and Hongmeng are all companies he controls absolutely. Unlike Standard Chartered, which holds less than 50% of the shares, mortgage loans must have detailed financial evaluation documents.
It is much easier to lend money to each other.
When the money arrives, he can launch his final offensive.
Dingle bell...
The phone rang.
I looked at the caller ID and saw that it was Sun Yan, CEO of Youku.
After pressing the answer button, an anxious voice came.
“Mr. Xu, just now we received a letter from lawyers jointly signed by Disney, 20th Century Fox, Sony, Paramount, and Warner Bros., suing Youku (YouTube) for infringing their film and television copyrights.
Require us to formally apologize in the media and pay US$5 billion in compensation.”
Xu Liang listened calmly.
“It’s finally here.”
Since the beginning of YouTube’s development, it has been filled with mixed clips of various movies. Although they are all private clips, they are published on the YouTube website.
This must have violated the copyrights of several major Hollywood giants.
However, YouTube has not received any complaints in the past two years of its development.
Xu Liang understood at that time that it was not these Hollywood villains who had good intentions, but YouTube, which was still in its infancy, and would not get much benefit even if it sued.
Now the company has grown, and with the support of Hongmeng and Facebook, it has become the world's largest short video website.
It has nearly 100 million users, 2.7 million different videos, and more than 800 professional video hosts.
The valuation has also exceeded US$3 billion.
It’s ready for slaughter.
But he didn’t strike too early or too late, but he struck suddenly when he was getting anxious in the fight with old Soros.
He wouldn't believe it if there wasn't something fishy in it.
"Contact Mr. Xie and he will tell you exactly how to do it."
In anticipation that the Hollywood giant would sue, the company naturally formulated several response plans.
“Okay.”
After hanging up the phone, Xu Liang thought about it briefly and put the matter behind him.
A legal case proceeds from evidence collection, to court proceedings, to judgment.
No matter how fast it is, it still takes half a year.
After such a long time, his duel with the old Soros has long been over, and he can completely free up his hands to solve this problem.
However, since Old Soros wants to disrupt his layout and kill his dragon, this is simply impossible.
Dingle bell…
The phone rang again.
Xu Liang picked up the call and saw that the caller was Helen. "What's wrong?"
"Dear, Myspace filed a lawsuit in the New York court, saying that Facebook's page design and system code plagiarized them, requiring us to make comprehensive rectifications and compensate them US$4 billion.
Now we have received a letter from the court.
The most important thing is that because of this incident, the major financial institutions participating in the Series B financing simultaneously lowered the company's valuation. "
"These guys will take advantage of the opportunity. "Xu Liangdao.
"They must have reached an agreement secretly to lower Facebook's valuation together. "Helen said angrily.
"Haha, that's for sure. If it were me, I would still choose to add insult to injury. But it doesn’t matter. We have the initiative in Series B financing, so we can just talk slowly.
As for Myspace, it’s just a clown. If they want to litigate, then let's do it. ”
The funds for the last acquisition of Netflix all came from Hanhua’s financing.
The cash on Facebook's account is still there, but it may not be enough for a long time, but it can still support the company's operations for three or four months.
If you budget carefully, half a year will be no problem.
The battle between him and old Soros will be over by then.
If successful.
Goldman Sachs, Citigroup, and JP Morgan are not fools and will definitely increase their bids.
Everything will be solved by then.
"I think so too. ... My dear, don't worry. I will handle the Facebook matter, and you can deal with Soros and Ellison and those villains with peace of mind.
Wait for the day when you win. , I will make you happy."
"Then I will wait."
The two briefly chatted for a few words before hanging up the phone.
But the bad news keeps coming.
Veolia Group's water treatment businesses in sixteen states in the United States simultaneously sounded the alarm. Local residents sued them for polluting water sources and demanded huge compensation.
Manchester United's new stadium plan was besieged by environmental groups and was unable to start construction normally.
The Vivendi Group headquarters building was surrounded, and the demonstrators held up various signs telling Xu Liang to get out.
In just three days, most of Xu Liang's companies were in trouble.
Although these troubles are not fatal, they require time and energy to deal with and are extremely annoying.
Xu Liang also gradually came back to his senses.
I understand Old Soros’s plan.
Normally, companies involved in litigation have difficulty obtaining loans or financing.
Without access to loans and financing, he would not be able to obtain enough funds to cope with the dragon-slaying plan.
I have to say, this move is really powerful.
Also taught him a lesson.
——
“BOSS, we are here.”
The secretary's words awakened Blankfein who was deep in thought.
Looking at the Morgan Club shrouded in lights outside, he opened the door and walked in.
He has been here many times and is quite familiar with it.
Just entered the lobby.
I saw an old man in a wheelchair being pushed towards him, accompanied by JP Morgan CEO James Gorman and Citigroup CEO Pandit.
"Mr. Blankfein, welcome."
The old Soros, who was sitting in a wheelchair, had already extended his right hand from a distance of three or four meters.
The words are eager and sincere, which makes people feel like spring breeze and make people feel good.
Blankfein quickly stepped forward and held the opponent's right hand, looking humble.
“It is an honor for me to receive the invitation from Mr. Soros.”
"Lloyd, I told Mr. Soros that you would definitely come. It seems that I was right." Gorman smiled and gave him a hug.
"Mr. Soros is the financial genius I admire most. Of course I will come if he invites me."
After complimenting him, he greeted Pandit next to him.
Although we are on Wall Street, we see each other less, but we are not strangers.
Laughing and chatting with each other, they came to the top box inside the club.
After everyone was seated as guests and hosts, the waiters began to serve the dishes.
(End of this chapter)