My 1999

He had previously thought of merging with Hongmeng’s ‘Hongmeng Mobile Phone Operating System’, but the different work cultures and attitudes of the two parties, as well as the long distance, and forced integration would only create greater estrangement.

Moreover, now that Hongmeng and Android belong to two separate companies, he also needs to consider how to distinguish the interests of Hongmeng and Hanhua.

"Forget it, let's not think about it for now. The most important thing now is the acquisition of Universal Entertainment assets."

After clearing away unnecessary thoughts, I was about to continue working when my phone rang again.

I took it out and looked at it, and quickly picked it up.

"At this time, it's almost early morning over there, why haven't you rested yet?"

"I also want to rest, but you are making such a big noise in the United States. How can I have a good rest?" Jiang Xiaoyang said.

"You knew already?"

"How could you not know? The famous financial Caesar Xu Liang is going to hold a fund-raising reception, and the upper class in the world will pay attention to it as long as they get the news.

I've been getting calls, how can I not pay attention? "

"Has someone begged you?"

"Um."

"Who is so bold?"

"Some of our old customers, especially wealthy Chinese from Hong Kong, Singapore, Thailand and other places, are actively making inquiries."

"You reply to them and I leave them a share."

After responding, Jiang Xiaoyang continued: "They hope you will also hold a fund-raising meeting in the East."

“I am holding this conference in the West to pave the way for Hongmeng to acquire Universal Entertainment assets. I don’t have many projects in the East.”

"You have your reasons, but if you don't do it, people will say that you favor foreigners and look down on your own compatriots. Do you want to get such a bad name?"

Of course Xu Liang didn't want to.

“Back then, I held a fund-raising reception for the Pacific Fund in Hong Kong, but I didn’t favor one over the other.”

"You really don't want to do it?"

"No. Now Hanhua's reputation no longer requires me to personally raise funds, unless there is a special purpose." Xu Liang said directly.

Holding a cocktail party is very simple, but dealing with various interest groups and carefully balancing all parties is an extremely energy-consuming task.

He still has a lot of things to do here, so how can he have time to make mistakes?

"Okay, since you don't want to, forget it."

Jiang Xiaoyang did not force him. Now Hanhua has the qualifications to say NO to 99.99% of the people in the world.

"If you make such a big noise in the United States, the funds raised will only be more. How much do you plan to raise in the end for the two funds?"

"Pacific Fund raised US$30 billion and Qinglong Fund raised US$60 billion."

Pacific Fund is a hedge fund.

The scale of hedge funds is generally not too large, and the largest one, Bridgewater, is only about US$120 billion.

But Bridgewater has gradually expanded to this scale through decades of accumulation.

The current Pacific Fund obviously does not have the foundation of Bridgewater.

The reason why he can control tens of billions of funds is entirely due to Xu Liang's foresight.

Otherwise, just investing such a large amount of money would be a head-scratching thing.

Qinglong Fund is a private equity company.

Private equity differs from hedge funds in that they generally have larger funds under management.

Although US$60 billion is a lot, it only makes it into the top ten global private equity funds. The funds managed by Blackstone and CapitaLand are already nearly 100 billion.

"Is it too big? Are you sure you can invest such a large amount of money?"

Jiang Xiaoyang said seriously.

The amount of funds raised has far exceeded her original expectations.

"Of course. I wouldn't have raised so much money if I wasn't sure." Xu Liang said with a smile.

It's almost 2004.

U.S. real estate has entered the eve of an outbreak.

This is a huge market worth up to two trillion U.S. dollars. If you include the highly related industries of finance, insurance, steel, cement, wood processing, decoration, etc., the market will exceed ten trillion U.S. dollars.

Faced with such an astonishing market, Xu Liang's idea is simple.

bonds.

The U.S. bond market is several times larger than the stock market.

There are tens of trillions of dollars tumbling inside, both high-quality bonds and junk bonds.

Xu Liang is thinking about buying real estate ABS and CDO bonds issued by financial companies, corporate bonds issued by affiliated companies, and even junk bonds issued by unlisted real estate companies.

He wants any bonds related to real estate.

After three years, the book value of these bonds will definitely rise. As long as they rise by 10%, Xu Liang's income will exceed 40% after adding leverage.

However, judging from the fact that U.S. real estate has doubled in three years, bonds will definitely not only increase by 10%.

It's 100% impossible, but the possibility of 20% or even 30% is still very high.

Therefore, Xu Liang has a lot of room for arbitrage.

As for whether Xu Liang will be cheated after his investment intentions are exposed.

The probability is low.

After all, the rise in real estate prices in the United States is the result of more than three years of hard work by George W. Bush and the Republican Party behind him.

This is not the result of one person or company, but the contribution of an entire team.

No one person or a few people can change the overall policy of the country.

Xu Liang’s investment is not for one company, but for hundreds or even thousands of companies.

To use a more fashionable saying in later generations, he invested in the fundamentals of the U.S. real estate industry.

As for private equity, this is easier to operate than hedge funds.

With China's rapid development, the revenue of global energy and mining companies has skyrocketed.

Of course, the fastest growing industry is the technology industry, especially the Internet industry.

Plus the U.S. real estate industry, and the financial industry associated with it.

It is not difficult to invest all 60 billion US dollars.

Moreover, if there is not enough fundraising, it will not be able to accommodate the influx of funds, let alone attract enough connections.

Xu Liang's confident words made Jiang Xiaoyang feel more at ease.

From the first meeting to the present, she has witnessed Xu Liang making the impossible possible, always challenging the limits that ordinary people would think of, but always succeeding in the end.

The record of complete victory no longer requires too much doubt.

"As long as you have confidence. But how much quota do you plan to set aside in Asia?"

"My idea is that the United States accounts for 50%, Asia accounts for 30%, and Europe accounts for 20%."

"So many in the United States?"

"There is nothing we can do. Who can help us ask for help now?"

"All right."

"In addition, please prepare yourself. We in China will also establish a (Huaxia Coin) private equity fund next year."

"Are you finally planning to enter the domestic market?"

"Well, it's time."

The bull market is coming, and of course Xu Liang must prepare.

“How much is the amount raised?”

“There is no limit, you can raise as much as you can.”

China's current financial market is very imperfect, and Chinese people's investment habits are also very immature. Unless they offer an outrageous return on investment like Delong did, it will be difficult to raise a large amount of funds.

Of course, now Hanhua may raise a lot of money because of its successful cases over the years.

But Xu Liang is not confident about how much he can get.

"So confident?"

"Of course, don't look at who your husband is?"

"I don't know who my husband is either?"

The resentful tone made Xu Liang feel like he shot himself in the foot.

But he is the old Poseidon, his face is not red, his heart is not beating, and he changes the topic quickly and naturally.

"Is the liquidation of Qinglong No. 1 Fund over?"

"It's almost over. It will all be over in three days at most."

"Do you have approximate profit data?"

"I knew you would ask. I have already sent it to your mailbox. You can read it yourself later."

Xu Liang responded and chatted with Jiang Xiaoyang for a while before hanging up the phone.

Opening the computer mailbox, I quickly found the data overview of Qinglong No. 1 Fund’s revenue.

Qinglong No. 1 Fund and Pacific No. 1 Fund raised funds at almost the same time, and after the two-year blockade period ended, they were also unblocked at almost the same time.

But fundamentally the Pacific No. 1 Fund is different.

The assets of Qinglong No. 1 Fund were not all sold off, but were evaluated based on the stock prices of seven companies. When the new Qinglong Fund is raised, all assets will be sold to the new fund.

It's like the left hand is reversed to the right hand.

Of course, this kind of reselling is not only determined by Hanhua Company itself, but also by the supervision and acceptance of third-party organizations.

Hanhua often cooperates with the Big Five accounting firms. No, after the collapse of Arthur Andersen, there are only four accounting firms left: PricewaterhouseCoopers, KPMG, Ernst \u0026 Young, and Deloitte.

Hanhua's partner is KPMG.

Various data are clearly written on this internal estimation document of Hanhua.

Two years down the line.

Seven companies invested by Qinglong No.1.

Nvidia, BlackBerry, eBay, Yahoo, Qualcomm, Oracle and Intel.

BlackBerry had the largest increase, more than quadrupling in two years, followed by Nvidia, eBay and Yahoo again, and finally Qualcomm, Oracle and Intel.

But Qualcomm, Oracle and Intel have the largest investments.

The reason is also very simple. When you first invest, the market value is large and you need more funds.

Taken together, Qinglong No. 1 Fund has increased by 257% in two years.

But Qinglong No. 1 Fund only used five times leverage, so the revenue efficiency must be multiplied by five.

Looking at the numbers on the paper, Xu Liang felt relieved.

As long as he releases this, plus his previous successful investment cases, let alone US$60 billion.

I guess it would be okay to double it again.

After finishing the processing, he closed the computer and Xu Liang let out a long sigh.

He leaned softly against the back of the sofa and gently pressed his temples with two fingers to relax his tense nerves.

After a moment, he opened his eyes and looked at the empty table next to him.

He was thirsty and wanted someone to bring him a cup of tea or coffee.

"Maybe I should get a life secretary."

In order to avoid suspicion, Lu Hui left after six o'clock in the evening.

Thinking of the women around him, apart from those who are pregnant, those who have their own careers, and those who are still studying, it seems that the only one who is most suitable to be by his side is Fukuda Xinmei.

Her soft and pretty face, gentle personality, and scenes of the two getting along appeared in his mind unconsciously.

"Just her, I'll use someone else later."

Thinking of this, Xu Liang took out his cell phone and called Futian Xinmei.