My 1999

Chapter 976 Investment Direction

Xu Liang slowly hung up the phone.

"What's wrong?"

Jiang Xiaoyang asked.

"Those guys behind Epstein want to reconcile with me." Xu Liang said with a chuckle.

"It seems that you scared a lot of people this time."

"It's not enough to scare them. These guys have been rich for too long and don't want to take risks."

As the saying goes, those who wear shoes are afraid of those who are barefoot.

Although Xu Liang is also a person who wears shoes now, he grew up at the bottom, and his mentality is different from those powerful people who grew up with golden keys in their mouths.

Of course, if given the choice, he would not take the risk.

But he is more aware of the gangster logic of Western society.

If others don't fight back quickly and crazily when they bully you, they will only think that you are weak and easy to bully, and they will never stop until they eat you up.

So even though he knew the consequences of doing so would be great, he still had to stick to it.

If you want to kill me, you can.

But if you can't kill me, I will kill you!

Only in this way will they be afraid, even afraid of you.

"If the other party wants to reconcile, they have to show some sincerity, right?" Jiang Xiaoyang said.

"They said they could help me acquire Unocal Oil."

“The sale of Unocal Oil hasn’t been completed yet?”

"No. Originally, the competition between Chevron and CNOOC was about to come to an end, but when I fought with the old Soros, global oil prices fluctuated violently, coupled with the surge in oil prices caused by Hurricane Katrina.

The negotiations were delayed.

No results yet. " Xu Liang said.

"Then you still want Unocal Oil?"

"If Huahai Oil had not participated in the bidding, it would have been won. Now..." Xu Liang shook his head.

The main reason why he dared to wander outside was because he had the retreat of China.

If you offend the boss of a top state-owned enterprise, you will undoubtedly bury a big nail in your head.

The lesson from Big Lao Wang’s story is not far away.

No need.

"Then what do you want?"

"I don't want anything now. Hanhua is consolidating, Hongmeng has no acquisition opportunities, Master Kong has just acquired Huaxia Liquor, let alone Taihua.

In China, Deron's legacy has not yet been fully digested.

Vivendi and Hynix are both carrying huge debts, and Facebook is still digesting Netflix.

There is no need to rush into large-scale acquisitions. "

Having said that, the more important thing is that in two years there will be a subprime mortgage crisis.

Global assets have depreciated significantly, and that is the time to really pick up the slack and expand.

Now, the most important thing is to save money to pave the way for the future.

"If you don't want anything, they probably won't really feel relieved." Jiang Xiaoyang said with a smile.

If you don't accept my apology, that means you are unwilling to reconcile, and that will cost us our lives.

This is the subconscious thought of most people.

But Xu Liang didn't plan to kill anymore.

Otherwise it will push everyone against him.

"How about you help me think about what I want?" Xu Liang said with a smile.

"Except for Hanhua and Hongmeng, I don't know much about the development of your other companies. So, you'd better figure it out on your own.

But I suggest you choose Unocal oil. "

"Why?"

“First, because of previous acquisitions, Hongyan has done detailed due diligence on Unocal, is familiar with the situation, and can sign the contract in the shortest possible time.

Second, the influence of an event will become smaller and smaller as time goes by.

The longer the incident involving George Soros passes, the less frightened those people will feel.

And people are fickle.

If it takes too long, they may not really be willing to apologize.

Third, if you don’t want to offend Huahai Oil, you can buy it and sell it to them at a higher price.

But I advise you not to do this.

Without a competitor acquisition, they won't give you a high price.

When you go in and out, you pay favors, but you don't get much money. It's just a wedding dress for others. "

After Xu Liang thought for a while, he nodded slowly.

He held the beauty's slender waist and smiled.

"At critical moments, I still have to rely on my good wife."

The corners of Jiang Xiaoyang's lips raised slightly, enjoying his praise.

"You are just a fan of the authorities."

"That's right, that's why I need you, a bystander, to give me a clear analysis."

"Silly."

She rolled her eyes at him coquettishly, her charming look made Xu Liang's heart heat up, and his left hand on his beautiful leg quickly opened the corner of his clothes and stretched it in.

Caress a little.

Jiang Xiaoyang's body reacted.

Quickly hold his hand.

"Wait, I have something else to ask you."

"What's up?"

"The US$60 billion raised by Hanhua Pacific Phase III and Qinglong Phase III has been fully received. Where do you want to invest?"

"I have nothing to do during this time, so I just thought about it."

He helped Jiang Xiaoyang stand up, walked to the safe behind the desk, opened it, took out a document and handed it over.

"Let's take a look."

Private equity business and hedge fund business are now two of Hanhua's three major business pillars, and she, as the CEO, cares about them more than anyone else.

Xu Liang didn't disturb her and sat beside her to drink tea quietly.

After a long time.

"Are you sure you're going to vote like this?"

Xu Liang nodded.

Qinglong Fund has now raised three phases, totaling US$120 billion.

Fund No. 1, US$10 billion, invests in the Internet. Google, Rakuten, Amazon, Apple, etc. are all its investment targets.

Fund No. 2, US$10 billion, invests in hard technology, including BlackBerry, ASML, Fanuc, Kyocera, etc.

Fund No. 3 invests US$5 billion in Chinese concept stocks in the United States, including PetroChina, Sinopec, China Southern Airlines, China Aluminum Corporation of China, Modou Petrochemical, The9th City, etc.

Fund No. 4 invested US$7 billion in the luxury goods industry, including LV, Armani, etc.

Fund No. 5 has invested US$10 billion in the chip industry. Samsung Electronics, TSMC, Broadcom, Infineon, Qualcomm, AMD, etc. are all its targets.

Fund No. 6 invested US$5 billion in telecommunications, Verizon, NTT, etc.

Fund No. 7 invests US$5 billion in finance, including Goldman Sachs, Lehman, Citigroup, etc.

No. 8 Fund invested US$3 billion in daily chemicals, P\u0026G, L'Oreal, Johnson \u0026 Johnson, etc.

No. 9 Fund invested US$5 billion in Hong Kong red chips.

Fund No. 10 invested US$10 billion in mining.

Fund No. 11 invested US$10 billion in the oil industry.

Next are the three funds newly established by Xu Liang.

Fund No. 12 invests US$15 billion in the automotive industry, including car manufacturing, auto parts and other fields.

In this giant industry with a scale of more than 10 trillion US dollars, throwing in 15 billion US dollars plus leverage will not cause much splash.

Fund No. 13 has a US$10 billion investment in cosmetics.

Fund 14 invested US$5 billion in biopharmaceuticals.

"The automotive industry, cosmetics and biopharmaceuticals are relatively fast-developing industries. As for the specific investment direction, let Guo Shaojie do an investigation.

Invest based on their market share ranking in China.

If you have a high proportion, invest more, and if you have a small proportion, give up. "

China is the fastest growing market in the world, and a high share of this market means revenue growth and huge profits.

Naturally, it will lead to an increase in stock prices.

Jiang Xiaoyang nodded, not surprised by his decision.

In fact, all the investments of Qinglong Fund are except for a few companies requested by Xu Liang, such as Apple, Nvidia, BlackBerry, ASML, etc.

They all invest based on China's market share.

Those with a high share will invest more, and those at the bottom will either not invest or, if they do, not allocate too much funds.

“$30 billion in hedge funds all invested in money markets?”

Xu Liang nodded and said: "We have allocated enough funds in other fields. Now we can still invest and can accommodate enough funds, and the only one left is the money market."

Pacific Fund raised three tranches.

US$30 billion per issue.

The first phase is US$30 billion, divided into three funds.

No. 1, 3 and 4.

Each holds $10 billion in cash flow.

No. 1 invested in the long position of Huaxia Coin. As the value of Huaxia Coin began to appreciate in June, the return rate has exceeded 50%.

The investment direction of Fund No. 4 is corporate bonds of luxury goods companies, energy and mining companies and financial companies.

The most noteworthy one is Fund No. 3.

Taking advantage of the loopholes of rating companies such as Moody's and Standard \u0026 Poor's, coupled with everyone's unfamiliarity with subprime debt.

Xu Liang took the lead and acquired US$50 billion in real estate-related Class 3B subprime debt and US$62 billion in Class B and Class 2B subprime debt at ultra-low prices, redesigning the structure of the asset pool.

All the originally low-priced 3B-rated bonds were converted into 3A-rated bonds and sold.

Once it changes hands, the profit will be dozens of times higher.

After deducting the 20% share from platforms such as Goldman Sachs and Morgan Stanley, and the 35% short-term capital gains tax and financing costs.

In the hands of Pacific No. 3 Fund, there is still a floating profit of US$44.6 billion.

Hanhua can get half of this money, which is US$22.3 billion.

However, the fund has not yet reached the unblocking period.

This US$44.6 billion, together with US$10 billion in cash, still remains in the accounts of Fund No. 3.

$54.6 billion cannot be left idle.

Originally, he planned to continue investing in U.S. subprime mortgages, but Jiang Xiaoyang felt that the risk was too high and he would not allow it.

Later, I invested in the bond market, mainly corporate bonds.

He knew those businesses had a future.

Although it is impossible to bring about sudden wealth in subprime debt, it is still no problem to outperform 99% of hedge funds.

The second phase of the fund is US$30 billion.

Fund 2 invests US$10 billion in crude oil and ores.

Fund No. 5 invests in precious metals including gold and silver.

Fund No. 6 invests in corporate bonds of high-tech companies.

If there are no surprises, there is a high probability that the return rate of the Pacific Phase II Fund will be difficult to match that of the Phase I Fund.

But old Soros and the others bumped into each other.

After the Tamron program ended, Pacific earned a direct return of $64.13 billion.

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