My 1999

Chapter 1060 Pacific Ocean

"Mr. Xu, Director Qiu is here." Li Jinling reminded.

"Let him in."

Qiu Heng, in a neat suit, opened the door and walked in.

He is the head of the Pacific Fund.

Xu Liang is responsible for investment and he is responsible for management.

"Mr. Xu."

"sit."

Xu Liang poured him a cup of tea.

"Thanks."

"Pacific Phase 3 is due to expire in October this year."

Hanhua Pacific Phase 3 Hedge Fund is the first hedge fund with a one-year lock-in period after the rise of Hanhua.

The total amount is US$30 billion.

Divided into three sub-funds, each worth US$10 billion.

Invest in U.S. Treasury bonds, currency markets and call options on U.S. stocks respectively.

"Mr. Xu, this is the detailed revenue statement of Pacific Phase III Fund."

Qiu Heng, who had prepared in advance, handed over the documents in his hand.

In fact, Xu Liang often checks the revenue of Pacific Fund and Qinglong Fund from the company's backend.

So it doesn’t matter whether you read this information or not.

But since Qiu Heng brought it, he had to double it.

Compared with Phase 1 and Phase 2, the return rate of Pacific Phase III is much worse.

Although U.S. stocks have continued to rise in recent years, the Federal Reserve's federal funds rate has also increased from 3% in October last year to nearly 6% now.

Almost double.

However, the overall profit of Pacific Phase III is approximately 74.5%.

It may be mentioned again after the fund matures.

But doubling that is almost impossible.

This time Hanhua will not be able to obtain half of the net income like Phase 1 and Phase 2.

despite this.

Pacific Phase III is already a world-class return.

Put down the information.

"How much CDS bonds does Fund 3 hold?"

Ever since Xu Liang made nearly 100 billion U.S. dollars by exploiting loopholes in the U.S. valuation system, the money has remained in the company's accounts because it has not expired.

Because there are no good investment opportunities.

In the early stage, I basically invested in some corporate bonds.

As the CDS bond market expanded rapidly, Xu Liang decisively controlled funds to enter.

He is responsible for the investment direction, and Qiu Heng is responsible for the specific operations.

Therefore, Qiu Heng knew the specific figures better than him.

"We currently have US$27.2 billion in CDS bonds, all of which are real estate mortgage bonds. It is expected that by the end of this year, we can increase it to US$50 billion.

If everything goes well, it can increase to 70 billion or even more by March next year. "

Xu Liang nodded slightly.

It gets easier the further you go.

Because the market is big.

"A little less... In this way, it would be more efficient if you go directly to the Wall Street investment banks and let them come forward to negotiate with those insurance giants."

Hanhua is different from Hongyan.

Hongyan's money is his own. If he wants to get the money safely, he must do everything possible to disguise it and spread it into various fields such as real estate, student loans, and car loans.

Hanhua can definitely attack in a big way.

After making money, no one dares to default.

Without Xu Liang's intervention, those powerful people who invested in Hanhua would not agree.

"Okay. Mr. Xu, are you still following the old rules?"

"Yes, the same old rules."

The old rule means no limit, the more the better.

"How much is the floating gain on the bonds we invested in?"

"27.5%."

Although Xu Liang used leverage, as the Federal Reserve entered the interest rate hike cycle, liquidity around the world was declining and financing costs were rising.

Hanhua is making long-term investments, so the leverage ratio is only moderate.

Return on investment also declines.

But Xu Liang is already very satisfied.

After all, after subprime debt CDOs made money, Fund 3 held hundreds of billions of dollars in capital.

Xu Liang felt relieved after asking in detail about the values of each fund.

The next two years will be the most critical years for Hanhua.

His attention needs to turn more to the top.

Return home in the evening.

"Woo-woo, daddy, my brother took my dog away."

The daughter rushed over.

The crying look makes people lovable.

Xu Liang quickly picked her up and wiped her tears.

"Dog? What dog?"

"It's the dog my uncle gave me."

The daughter pointed towards Huo Gang with her little hand.

Xu Liang suddenly realized that when he came to Xiangjiang this time, Huo Gang gave his daughter a white stuffed dog. It was said that it was specially selected by his unmarried daughter-in-law.

My daughter also likes it very much.

I have to hold it when I sleep at night.

At this time, the son, who was holding an Ultraman sword in his hand, ran out of it huffing and puffing.

Little Douding, who is just over two years old, is already one meter tall.

The tiger-headed look is endearing.

But Xu Liang knew very well how naughty this little guy was. He ran rampant around the house, kowtowed and bumped hands. Not only was it commonplace, but it was also a lot of times.

And those who were not allowed to move had to move. If he didn't pay attention, he would step on the chair and climb onto the table, bookshelf, and any place he was curious about.

Xu Liang was so angry that he slapped her twice without crying. He turned around and did whatever he wanted.

Simply a leather god.

"dad."

The little guy ran over happily.

Xu Liang picked him up.

"Did you lose your sister's puppy?"

"I didn't, she told me to play with it."

"You obviously stole it."

With her father by her side, Xiao Yuyu stopped crying.

"I didn't steal it, you gave it to me. You told me to play with it."

"You robbed it, I didn't let you play with it."

Xu Liang was troubled by their quarrel.

"Okay, shut up." Turning his head, "Son, is the dog your sister's?"

The little guy hesitated and nodded.

"My sister wants to go back now, are you going to give it to her?"

"Dad, she promised to let me play with it."

"I didn't..."

Seeing that they were about to quarrel again, Xu Liang had no choice but to stop them again.

Just for a doll, he followed the two little guys and argued for nearly ten minutes before finally making these two ancestors calm down.

Qiao Yuhui pushed the door in.

"What's wrong, you look so bitter?"

"You've been fighting over a dog for more than ten minutes, and you just coaxed it. Why did you come back early today?"

Qiao Yuhui took off her high heels and handed her coat to the Filipino maid on the side.

"The negotiations with the Shanghai State-owned Assets Supervision and Administration Commission are over."

"Have the contracts with Guanshengyuan and Guangming been signed?"

"Yes."

"How much?"

"Guanshengyuan is 3.7 billion Chinese Yuan, and 6.2 billion Chinese Yuan if the additional debt is included.

Guangming Dairy is 6.3 billion Chinese Yuan, and 10.4 billion Chinese Yuan if the additional debt is included.

After divesting Guanshengyuan's condiments, noodles, and braised meat businesses to Harvest Agriculture, Kanghua Group will have to pay a total of 8 billion Chinese Yuan this time."

Xu Liang nodded, which was about the same as he expected.

"How are you going to pay?"

"Half in cash, half in stock."

With the current market value of Kanghua Group exceeding 230 billion Hong Kong dollars, if the stock price appreciation brought by the good news brought by Guangming Dairy and Guanshengyuan is added.

Only 1.5% of the equity is needed to complete the transaction.

Xu Liang nodded slightly.

"How is the negotiation going with Huarun?"

"We are still doing due diligence, and it will take at least half a month before the contract can be officially signed. Huarun is very cooperative, and there are basically no major problems. But the investment of Hutchison Port Group has encountered some obstacles."

"Li Jiacheng won't sell?"

"He wants to talk to you in person."

Xu Liang raised his eyebrows, "It seems that this old guy has a bigger plan."

After thinking for a moment, he continued.

"Did he say anything else?"

Qiao Yuhui shook her head.

"Sister Li?"

Li Jinling responded quickly.

"Call Li Jiacheng later and tell him that I have an appointment with him to meet at Hanhua headquarters tomorrow morning."

"Mr. Xu, you have an appointment with Mr. Li Zhaoji and Mr. Zheng Yutong at 9 am tomorrow morning."

"Yes, I almost forgot about it."

"What about the afternoon?"