My Dad Is The Richest Man In The City

Chapter 76: Father Lin Wants To Discuss Cooperation? 【2 More Updates Please Subscribe】

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The so-called short selling is also called short selling, short position, and short selling.

In this model, the stock price can make a profit in the falling price band, that is, first borrow money at a high level to sell it, and then buy it back after it falls.

For example, this time I didn’t know that PayPal’s stock price would fall, so I borrowed the stock at the current price (the actual transaction was to buy a put contract) and sold it, and then bought it when the stock price fell sharply, in order to reduce the price. The final price is returned to the seller, and the resulting price difference is the profit.

It’s not like Lin Yu has never thought about secretly acquiring or holding shares in Paypal, but PayPal’s market value is more than 60 billion. If he wants to acquire it, no one will buy it. It’s useless if he holds too few shares. It’s better to exchange them for cash. To develop other businesses, even if you use acquired patents!

"That's about it. The reaction of these capital giants is also fast enough. They should be planning to raise the stock price for another two days. Unexpectedly, we directly released some bad news and took the lead in short selling to suppress the stock price. Otherwise, We simply can’t make that much!”

Li Yun admired the Red Queen's ability very much.

If she hires a team to do this, it would be easy to expose it, but it would be great to earn hundreds of millions of dollars in the end.

The Red Queen made 2 billion US dollars in this move, which is equivalent to 15% of this big cake. You must know that there are countless predators lurking in this capital market!

The most important thing is that no one knew this time about shorting PayPal. It was their umbrella company that took action.

Until now, I don’t even know which investment company was the first to publish a book about shorting PayPal? Or was it an institution?

Lin Yu nodded and said: "The matter of coming to the United States this time is almost settled. I will talk to the Security Bureau in the afternoon and the matter will be completely settled."

"Negotiations will be easier this time!"

It was previously revealed that PayPal, Meiyi, Merrill Lynch, and the National Security Bureau jointly restrained and discredited WeChat.

Although the Security Bureau denied it, their investigation of WeChat was just a routine matter, and they were not targeting WeChat.

Now WeChat’s security capabilities have been confirmed: No. 1 in the world!

Even companies such as Google, IBM, and Microsoft are unable to crack WeChat's protection system, so there is no need for a security 'helper' in terms of user information security.

At noon, Lin Yu and Li Yun had dinner in the hotel. After making an appointment with the Security Bureau for negotiation, they received a call from Lin's father.

"Dad, what's the matter?" Lin Yu asked casually after answering the phone.

Father Lin said seriously: "Have you almost settled your affairs in the United States? Why come back?"

"I still have to talk to people from the Security Bureau, and I expect to return to China in the next two days!" Lin Yu said.

"Well, when you come back, we can discuss cooperation!"

Father Lin was very emotional!

Lin Yu is causing trouble in the United States, and Lin's father sees it all.

Originally, he was very optimistic about WeChat, but he did not expect that WeChat would develop so rapidly. In less than half a year, that is, just a few months, it would surpass the TT accumulated over more than ten years.

Lin Yu had just founded an umbrella company, and Lin's father thought he was just messing around. When he got tired of it and failed, he would naturally lose it or upgrade it to the group.

But Father Lin never expected that Lin Yu's growth was completely beyond expectations, and he had grown to the point where Father Lin wanted to formally discuss cooperation with Lin Yu.

"good!"

Lin Yu responded, hung up the phone, and breathed a heavy sigh of relief, feeling unprecedentedly relaxed.

At this moment, he finally got Lin's father's approval!

Or rather face it!

When WeChat was first developed, Lin’s father was willing to pay 50 billion to buy the soft girl. After Didi was developed, its initial valuation was 20 billion U.S. dollars, and Lin’s father took him much more seriously.

But it is definitely not as serious and serious as it is now. This is to discuss cooperation as an equal existence!

"You are really awesome!"

Li Yun looked at Lin Yu, her eyes were as tender as water!

The man in front of her has truly captured her heart!

"It's all thanks to your help. In the future, as the company grows bigger, it will be hard on you!" Lin Yu hugged Li Yun gently.

Li Yun leaned on Lin Yu, just quietly feeling the body temperature and breath of his body, making her calm: "I didn't do much, but with the help of the Red Queen, even others can manage the company. Very good."

"That's different. Most people are not qualified to know the existence of the Red Queen."

Lin Yu hugged Li Yun and chatted quietly for a while, discussing the future development of the company.

At present, the most important business of the umbrella company is WeChat, followed by Didi. Now WeChat has developed steadily and expanded international trade settlement.

Didi is owned by Sequoia and is now developing rapidly, accounting for 70% of the domestic market and most of the North American market.

After WeChat becomes popular, Didi will have more users and the market will further expand.

Next, after returning to China, WeChat may have to cooperate with TT, and Lin Yu will also have to enter the mobile phone industry to earn a lot of cash.

The hottest markets at present are still IT, the Internet, and computers!

If you want to make money, you can only focus on these.

The patent team is still acquiring patents and everything is going smoothly.

At present, Red Queen has registered hundreds of patents and laid out patent traps.

These registered patents are not too important or too advanced.

Otherwise, if other companies find out and want to acquire other patents, the answer will not be so simple.

At that time, these companies may regard the umbrella company as a threat and be unwilling to license and sell patents, or exchange patents.

In general, the patent aspect went very smoothly. Lin Yu didn’t have to worry about anything. The patent team cooperated with Hong Hou and everything was in order.

"Let's go, negotiate with the Security Bureau, and it's almost time to go back!"

It is now November, the weather is starting to cool down, and the new year is about to begin. Lin Yu also needs to rush back to China as soon as possible.

In the afternoon, Lin Yu and Li Yun, as well as the responsible person and lawyer of Umbrella America Branch (Zhao Hao), met with the Security Bureau again.

This time the meeting was much simpler.

Trump’s lessons, coupled with this umbrella company’s ‘security summit’, have proven that WeChat is safe, followed by the revelation that PayPal and the Security Bureau are targeting WeChat.

In order to avoid suspicion and reduce pressure, the Security Bureau approved the WeChat registration.

The Umbrella Company also uploaded the information of American users to the data center of the American branch, and the Security Bureau could not find an excuse...

After the conversation, it marked that WeChat was no longer a problem.

Then Lin Yu asked about the private jet. The plane would have to wait for a while and would be available at the end of the month or early December.

The designer has sent over the design drawing. Lin Yu took a look at it and put forward some suggestions of his own. The designer said he would modify it.

When Lin Yu was preparing to return to China, Fortune and Time Magazine both sent invitations...

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