Chapter 579 Ultra-high rate of return
Yang Zhiyuan smiled slightly. Thanks to Yahoo's soaring stock price, he cashed out a lot of money from the stock market. Among the wealthy Chinese Americans in the United States, his net worth is at the forefront.
So when I invested in Hanhua, I spent US$50 million, which was almost the most among everyone.
Although scattered within multiple funds, Qinglong Fund and Pacific Fund each invested US$7 million.
Now after the lockdown is lifted, these two funds alone have earned him more than 80 million US dollars.
"They made a lot of money, but Bill Gates and Li Jiacheng made more," Yang Zhiyuan said.
It was reported in newspapers that Bill Gates and Li each invested US$100 million.
According to the returns of Qinglong Fund and Pacific Fund, each of them made nearly 1 billion US dollars.
"I heard that Bill Gates was the first one to come today. He obviously made a lot of money. Otherwise, given his status, he would not be so active." David Sun said jealously.
“Well, it would have been better if we had invested more in the first place.” Huang Renxun said regretfully.
"Who says it isn't? However, we can't change the past. We must seize the opportunity this time." Sun David said.
Christina Yeri's expression calmed down, of course she knew this. But she was still unbalanced in her heart. On Christmas Eve last year, if this damn woman hadn't come to her door.
Xu Liang walked in accompanied by someone while talking and laughing.
Looking at the two of them, it was obvious that they had known each other for a long time.
“Mr. President?!”
She had already slept with Xu Liang.
Christina was shocked.
This is also where her heart knot lies.
Christina Yeri looked at the woman in front of her with an unkind expression.
Helen Montes smiled.
Subconsciously, he turned his head and looked in the direction of Helen's finger.
Just about to speak.
Even if we were beaten to a bloody head, he would not have any mercy. "
Huang Renxun nodded in agreement, but looking at the dense flow of people at the scene, a trace of worry flashed in his eyes.
"You can come, why can't I come? Moreover, I came earlier than you. ”
"Look."
With this crucial step, with her beauty, ability and skill, even if she doesn't become Mrs. Xu in the end, she can still gain endless wealth.
Looking at the old classmate in front of him who was wearing a long white dress, with hair shawl, cool temperament and delicate face.
The two funds of Hanhua's "Green Dragon" and "Pacific" are so profitable, who doesn't want to share the pie?
Faced with so many powerful people competing for each other, how many will eventually fall into their hands? ! ——
"I didn't expect you to come too?"
"Christina, there is actually no need for us to fight with each other. In Xu's eyes, we are just beautiful women who have met a few times. We are not as expensive as the famous ladies here today. There is not much difference between the women.
We are not fools.
Not only them, many people are surprised that Xu Liang, a Chinese, can invite George W. Bush? Xu Liang also felt the commotion around him, but this was also his purpose.
Only by letting others know about his deep network of people as much as possible, when he asks for help next time, will everyone help him freely.
Otherwise, it will be too difficult and you will hesitate even if you want to take action.
Take George W. Bush to the inner circle.
Here are Gates Sr., GE CEO Jeff Immelt, Secretary of State Powell, U.S. Trade Commission Chairman James Leon, Attorney General Jarvie Merritt, and Speaker of the U.S. House of Representatives Dennis Hastert, 13 people including JPMorgan DA CEO Jamie Dimon, Citibank CEO John Reed, Goldman Sachs CEO Henry Paulson, etc.
They are basically government giants and financial giants.
Counting Xu Liang and George W. Bush, there were exactly fifteen people.
“I didn’t expect that Mr. Xu and Mr. President are also friends.” John Reed said with a smile.
"Xu is of course a good friend of mine. We had a very pleasant conversation the last time we were in Washington."
For the sake of the US$3 billion raised by Pacific Fund, George W. Bush , of course I have to support Xu Liang.
Everyone had smiles on their faces. Everyone knew that at their level, there was no precious friendship. It was just an exchange of interests.
Xu Liang offered benefits that Bush could not refuse, so he came naturally.
After all, the United States is not China. Although the president of a small government has great power, that's all. "Everyone, you talk first, I'll come as soon as I can."
Xu Liang said with a smile.
"Xu, today is your home court. We all listen to you. Just follow the arrangements." Old Gates said with a smile.
Xu Liang nodded and went directly to the stairs leading from the hall to the second floor.
Took the microphone handed over by Lu Hui.
"Good evening, gentlemen and ladies. Welcome everyone to come to Xu's Manor on this wonderful evening to attend Hanhua Capital's fundraising dinner today. On behalf of the entire three thousand employees of Hanhua Capital, Thank you all for coming.”
After Xu Liang bowed slightly and saluted, there was continuous applause in the hall.
After a while.
Xu Liang continued.
“In the past two years, many of Hanhua’s funds have obtained generous returns for clients, among which Pacific No. 1 Fund and Qinglong No. 1 Fund have the most generous returns.
In particular, the Pacific No. 1 Fund, with an initial capital of US$2.846 billion, achieved a total net income of US$29.48 billion through two opportunities of the oil crisis and the soybean crisis within one year, with a return on investment of 1036%.”
As soon as he said this, he quickly received exclamations from the audience.
Even Bush Jr., Gates Sr. and others were shocked.
Everyone knew that the returns of the Pacific No. 1 Fund were very high, but they did not expect them to be so high.
In an instant, almost all hedge funds were under pressure.
Xu Liang, who was very satisfied with everyone's attitude, continued with a smile.
“After deducting capital gains tax, administrative costs and various taxes and fees, the Pacific No. 1 Fund had a net income of US$18.5724 billion, with a net return rate of 653%.”
This data is different from the original There were discrepancies in what Jiang Xiaoyang reported to Xu Liang.
But this is an actuarial result. What Jiang Xiaoyang said is only approximate, and of course there will be differences.
“In other words, in one year, the money you invested in me has increased by an average of 326%. With an investment of US$100 million, in addition to the principal, you can get US$326 million from Hanhua. .
I think there is no legal channel in the world, except Hanhua, that no fund or company can allow you to obtain such huge legal returns in such a short period of time!”
Wow….
Thundering applause resounded throughout the hall.
Everyone looked at Xu Liang with fiery eyes.
At this moment, he does not represent a ‘person’, but a walking dollar.
Xu Liang pressed down his hands repeatedly, and it took a long time for everyone to calm down.
“Everyone, don’t be too busy to get excited. Although the returns of the Pacific No. 1 Fund are excellent, we have an even better Qinglong No. 1 Fund.
In December 2001, Hanhua Its Qinglong No. 1 fund raised US$1.5 billion and used five times leverage to invest US$7.5 billion in 7 companies.
After two years of development, these seven companies have achieved a total growth of 257.39%.
In other words, Qinglong No. 1 Private Equity Fund earned a net income of US$19.304 billion in two years, with a return on investment of 1286.75%.
Net income was US$15.057 billion, with a net return rate of 1003.8%. ”
The key reason why Qinglong No. 1’s investment return rate is so high is the low capital gains tax.
The two investments made by the hedge fund were less than one year old, and a high tax rate of 35% was required. Amount of short-term capital gains tax
However, Qinglong No. 1 Fund has not been used for two years and only needs to pay 20% long-term capital gains tax.
Moreover, Pacific One Fund spent too much money on soybean storage, transportation and acquisition, and the administrative costs were very high.
However, the expenditure of Qinglong No. 1 Fund is very low, which is only a fraction of that of Pacific No. 1 Fund.
“In other words, every customer who invests in Qinglong No. 1 Fund can take away $4.5 from Hanhua for every US$1 invested.
This is our current best return on investment ”
In reality, Qinglong No. 1 Fund is still not as good as Pacific No. 1 Fund. Although the return rate of the former is higher, the return rate obtained at that time was only two years, compared with only one year for Pacific No. 1 Fund.
But Xu Liang hopes that everyone will focus on Qinglong Fund, which needs to raise more funds, so it is natural to focus on the introduction.
(End of this chapter)