Reborn Xiangjiang Tycoon Growth
Chapter 195 Oil Futures Income 2
After all the oil futures contracts were closed, Bao Zixuan couldn't calm down for a long time after seeing the report in his hand. No wonder some tycoons in the Middle East will be so tyrannical in the future, and the lives of Wall Street financial tycoons will be so exciting. This time alone, the income is already higher than the previous sales.
The total profit of all products is more.
And you can also use leverage to allocate funds, which is a typical example of small bets and big gains. In fact, many people have lost everything in the futures market. Although Bao Zixuan doesn’t understand, he knows the general context of history. He knows when the highest price was.
point, and exited more than half a year in advance. This made many institutions think that it was a speculative institution that made a quick buck, and they didn't take it seriously.
In the Blackstone Fund conference room, Clay Clark was reporting the oil futures returns to Bao Zixuan.
Clay Clark said: "Boss, and colleagues sitting here. Our Blackstone Fund spent a total of 166 days on this oil futures, using US$500 million, and applying ten times leverage to allocate funds."
"When we purchased crude oil futures, the price was US$13/barrel, and the average price when we closed the position was US$28.3/barrel. We made a total profit of US$5.8 billion, which can be said to be a complete victory. After deducting our handling fees and capital allocation
Our actual profit from expenses was $5.28 billion."
After Clay Clark finished speaking, there were cheers and applause in the conference room. Everyone was so excited. Bao Zixuan was very calm. This is not the final benefit. They also have to deduct about 35%-40% of the tax. This is why many
American companies are doing everything they can to reasonably avoid taxes. The U.S. taxes on high-income people are too high, so many American companies have registered their parent companies on islands in tax havens.
However, Bao Zixuan did not do this. He has no foundation now. If he is evading taxes, it will be very troublesome if he is discovered. It makes people feel a little unkind. After all, Heiyun is developing very well now and he does not want to leave any stain.
Fortunately, there is no inheritance tax in Hong Kong. Otherwise, we would really have to set up a family trust fund. Rich people here in the United States all use family trust funds to continue their family wealth. Otherwise, it would be like the Rockefeller and Morgan families who would pass it on for several generations.
There is nothing left.
Bao Zixuan said to everyone: "Everyone has worked hard recently. In this operation, everyone will receive an additional US$1 million bonus. As for Clay, Clay will receive US$3 million. This is what you deserve. No need to follow
I'm polite, as long as you can complete the tasks I give you in Blackstone, you will receive corresponding rewards, and I will not be stingy in this regard."
"Regarding the reward of 500,000 US dollars for all logistics support personnel, Yifei will get 2 million US dollars. Everyone can also get 2 months of paid leave. At the same time, I will reward you with all the electronic products of Heiyun Company."
"You can now install the Heiyun home theater in your room, listen to the Heiyun Walkman, use the Heiyun Vision 1200 laptop, and play the Heiyun game console. After choosing the product according to your family situation, tell Peng Yifei,
Heiyun employees will deliver it to your home."
"You have all signed the confidentiality policy. I don't want to repeat anything. But I hope you will forget about this operation so that everyone can stay in the same team for a long time."
"Finally, I decided to appoint Clay Clark as the president of Blackstone Fund Company, responsible for the overall operation of Blackstone Fund. Today, two months later, I hope to see you return to the company in high spirits. We will make big moves in the second half of the year.
"
When it came to whether to reward the traders this time, Bao Zixuan was a little hesitant. After all, all the thoughts and ideas were based on his own memory, and any fund manager could have done it. It seemed that there was no need to reward him heavily, but considering the long-term stability of the team,
, and to prepare for the next operation, we decided to give these traders rewards that they could not get at other fund companies.
Even Clay Clark, an old manager who has worked at Hawkins Fund for more than ten years, has never received such a high reward for a single transaction, and as far as he knows, there are very few managers on Wall Street who can earn more than 3 million in one transaction.
US dollars. It seems that this little boss is indeed as legendary as he is very generous to his own people.
Clay Clark, who had been confused for a while after leaving Hawkins Fund, was now very clear-headed and knew that Bao Zixuan was a boss who liked to delegate power and was extremely generous at the same time. Isn't this exactly the working environment he dreamed of!
Before the bonus is distributed, there are still some finishing touches to be completed. The capital allocation funds have been transferred to Mellon Bank as soon as possible, and a high handling fee has been paid.
At the same time, the US$300 million loan secured by the American Black Cloud Software Company was repaid, although it was not due. However, Bao Zixuan did not like to owe money to others, and the Mellon family, who basically knew the entire transaction process, was shocked. Bao Zixuan, a young man
His status in their hearts has improved a lot, and he can now have direct dialogue with the Mellon family.
After accounting for employee rewards and consumption, Blackstone Fund paid US$1.5 billion in taxes excluding the tax deduction, which directly made the US Taxation Bureau feel incredible. Not only the US Taxation Bureau, but even his subordinates said that they can wait until next year.
It’s tax filing season. However, Bao Zixuan has his own idea. He wants to transfer most of the money back to Xiangjiang. If the tax is not paid, the US financial management department will not approve the large transfer of the Blackstone Fund.
Now that the design drawings of Yulin Polytechnic are about to be completed, a lot of preliminary work must be prepared. Why should the Hong Kong government give an explanation to the land obtained so cheaply?
When US$900 million was directly transferred to Yulin Institute of Technology's account at Standard Chartered Bank in Hong Kong, the entire Hong Kong banking industry was shocked by Bao Zixuan's generosity. It was just a few days after the exhibition ended, and many customers still have advance payments.
In the bank account! Without using the funds in the Heiyun account, another US$900 million can be used to build a university. It is estimated that only Bao Zixuan can do it in Hong Kong, and even HSBC will have to work hard for a while.
Bao Zixuan watched the money in the account come and go quickly. There is still 2.5 billion US dollars in the Blackstone Fund account. This part of the funds is not of great use yet, but it cannot be allowed to grow moldy in the account.
He handed Clay Clark over to the office and said: "There is still 2.5 billion US dollars in the account. You use 500 million US dollars to buy General Dynamics shares; 500 million US dollars to buy Motorola shares; 500 million US dollars to buy Coca-Cola shares."
"I am very optimistic about these three companies. As for the others, you can take care of it! But I require 1 billion US dollars in cash in the account in July. We still have a tough battle to fight."
Bao Zixuan knows that stocks such as General Motors, Motorola and Coca-Cola can be held for a lifetime without losing money. You can still buy in large quantities while the stock prices are low now, but there will not be such a good opportunity in the future.
As a veteran fund manager, Clay Clark knows the U.S. stock market very well, and he is very familiar with the stocks chosen by his boss. He is also very optimistic about it. Now it seems that the boss does not know how to operate in the financial field, but he just doesn’t like to be overly involved and wants to give
I just have room for my subordinates to perform.
After handing over the purchased stocks, the speculators who did not leave the Blackstone Fund quickly absorbed a large number of shares of the three companies in the stock market, causing the stocks of General Motors, Motorola and Coca-Cola to rise to a certain extent. However, seeing the acquisition purpose of the Blackstone Fund,
It is very clear that they are prepared to hold it for a long time, which reassures the three companies. However, they still arrange for dedicated personnel to pay attention to the situation of Blackstone Fund. After all, no one is stupid, and it is impossible to completely trust these financial investment institutions.
Bao Zixuan stayed in New York until the end of March before returning to Boston and MIT. He originally planned to go back to Hong Kong to celebrate Li Yulin's birthday, but his mother didn't like publicity and told Bao Zixuan to keep a low profile. So he went back to Hong Kong in his mother's name.
A red envelope of 2,000 Hong Kong dollars was sent to all Heiyun employees. On this expenditure alone, Heiyun Group spent nearly 200 million. After arranging all the work of Blackstone Fund and seeing all employees go on vacation, Bao Zixuan left.
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