July 25th.

I don’t know what day it is, but it’s summer vacation anyway.

Just like yesterday, the sun was already shining brightly in the morning.

Hotter than the sun is the latest gossip circulating on domestic public networks:

"Frontier Angel Global was forced to shut down and completely withdraw from the American market!"

Based on Beijing time, Frontier Angel Global issued a statement yesterday afternoon to sell off all financial products held by the company;

Yesterday evening, Frontier Angel Global’s sell-off triggered rare turmoil in the U.S. stock market, triggering Black Tuesday;

Famous all over the world, its popularity is unprecedented.

Just overnight, news came out that it was forced to shut down, and the shock caused was simply unimaginable.

Related issues appeared almost immediately.

"What do you think of the news online that Frontier Angel Global, which manages tens of billions of dollars in funds, was forced to shut down and completely withdraw from the American market? If the rumors are true, does it mean that the American market is not friendly to foreign capital?"

Problem description:

On the evening of July 24, Frontier Angel Global, a well-known Wall Street investment institution, issued a massive sell order within one minute of the opening of the U.S. stock market. U.S. stocks staged Black Tuesday. Affected by this, futures and other trading markets experienced a large number of liquidation shocks;

It is reported that Frontier Angel Global has previously announced that it will sell off all financial products it holds;

On the morning of July 25, there were rumors online that Frontier Angel Global’s U.S. office had been forced to close and completely withdraw from the American market.

According to relevant media reports yesterday evening, Frontier Angel Global’s wholesale selling of financial products was administratively deemed illegal, but there seems to be a lack of basis for the time being.

According to rumors, Frontier Angel Global may benefit from this move in excess of US$1 billion.

If the rumors are true, does it mean that Bald Eagle has modified its relevant basis due to Frontier Angel Global’s move?

Does it mean that when any foreign capital develops in the United States to a certain scale, the final result will be dismal?

Does it mean that the WTO is a big lie?

"..."

The questioner remains anonymous.

But for a rhythm band, you have to be expert at holding keys!

It's like using their usual tricks to attack others.

Gao Zan's answers were all about analyzing the reliability of the news, and talking about this and that, and also the problems that Frontier Angel Global has from a professional perspective in the financial market.

It caused a lot of controversy.

"... If Frontier Angel's global market smashing is illegal, then what Soros did in the last century was legal? Didn't it also wreak havoc on the Asian financial market?"

"No one said Soros was compliant. The key is that there is someone behind him who can handle it."

"So after all is said and done, the bald eagle cannot be avoided."

"Alas...poor Frontier Angel Global, who just completed such a global feat and became a god, disappeared overnight."

"..."

"Latest news! Latest news! Frontier Angel Global issued an announcement on Twitter, declaring bankruptcy and liquidation."

"This is really amazingly fast! It was just a rumor half an hour ago, but now it is confirmed."

"..."

Someone familiar with the matter quickly forwarded the latest news.

"More insider information has come out. Frontier Angel Global is also really brave. After being warned, it sold off all its financial products. It is said that it was caused by something called CIA, and it had no choice but to go bankrupt and liquidate."

Someone quickly asked: "What about funds worth tens of billions of dollars?"

"Renaissance and other institutions teamed up to take over most of it at a low price. In addition, the money from the fund originally belonged to some capitalists."

"Didn't I say that besides hedge funds, there are many investment projects?"

"It has also been taken over by relevant agencies, and the efficiency is quite high."

“So what’s left of Frontier Angel Global?”

"There's nothing left."

"..."

Finally, the insider added: "But Frontier Angel Global is really very strong. The statement almost explicitly stated that it had been persecuted and that Wall Street was the most unhealthy financial market in the world."

"..."

Many netizens in China feel sorry for the frontier.

After all, in our ordinary lives, we rarely see such a feat.

It is quite rare for a domestic company to add a "Black Tuesday" to the US stock market.

If it weren't for...bankruptcy.

How many times can I watch a drama like this in the future?

Completely opposite to the thoughts of the melon-eating netizens in China are the melon-eating netizens in the United States. Almost everyone on Twitter is cheering, especially in some forums.

Frontier Angel Global has never done anything good in the US stock market.

They are just big short sellers, going short again and again to grab the leek roots they have.

but……

At the same time, many retail investors have turned to decentralized Bitcoin. Anyway, there are rumors that the Chicago Exchange intends to promote Bitcoin futures trading.

Moreover, the smallest unit of Bitcoin is not 1 ‘piece’, but 1 ‘Satoshi’, and 1 ‘piece’ = 100 million ‘Satoshi’.

At the current price, everyone can afford it.

Bit Research follows the trend and is booming.

…………

Later.

Fang Nian went to Yangpu with Lu Weiyu and walked into the front office.

The war that lasted for a month was finally over.

Even Fang Nian felt tired.

Others in the office were even more tired, especially Wen Ye, Gu Yu and Liu Xi.

After Fang Nian sat down at his workstation, he looked at a few people and said with a smile: "Thank you for your hard work. We have accomplished the goal well. We will take a few days off together after our busy work. It just so happens that the company also needs time to digest and adapt to the changes."

Wen Ye, who was originally filled with passion upon hearing such words, Gu Yu only responded feebly.

However, Guyu still quickly made a summary report.

"Frontier Angel Global has completed the cancellation process, and relevant employees have been dismissed. The profits originally attributed to the company have been transferred to less than 100 million U.S. dollars through the Bitcoin held, accounting for ?;

Part of the funds were repatriated in advance, and the total amount was returned?;

The rest was intentionally consumed in last night's market crash, some were permanently under review, and a small portion was intentionally over-given to some institutions that had nothing to do with the forefront...

Well, rumor has it they are under investigation."

"..."

"All Frontier litigation in the United States has been terminated."

"..."

After listening to Guyu's report, Fang Nian said: "In other words, from the surface, all the liquidation of Frontier's overseas business has been completed."

"Yes." Gu Yu nodded.

Then he continued: "In the past month, the original domestic operating system ecological group has been disbanded."

"The original Desktop Processor Pan-Technology Alliance was disbanded."

“Some cutting-edge ecological maker block projects have been screened out.”

"The three laboratories of Baize, Yaozhu, and Nuwa have terminated their cooperative relationships with some units."

“Frontier Science has terminated cooperative relations with some units.”

"These companies or units are involved in: integrated circuit design projects, lithography machine projects, operating system projects, etc."

"..."

After Guyu finished speaking, Fang Nian looked at Liu Xi.

Liu Xi spoke at the right time: "After calculation, the company's direct losses totaled RMB 2.1 billion, including Frontier Angel's global losses;

Indirect losses amounted to approximately RMB 1.1 billion, mainly due to the forced cancellation of related cooperation."

After hearing this, Fang Nian's complexion remained as usual.

This is not surprising.
To be continued...