Chapter 960 Amazing Profits
His eyelids trembled slightly, Xu Liang slowly opened his eyes.
After a brief period of confusion, he quickly regained consciousness.
Looking at the twin sisters on the right, a smile couldn't help but appear on her lips.
Helen's gift was indeed a good one, and it greatly relaxed him both mentally and physically.
Turn your head.
Besides Helen and Lu Hui are also sleeping.
Although there was a lot of fighting last night.
But Xu Liang, who foiled the dragon-slaying plan and made astonishing profits from oil futures, was so excited that his fighting power was astonishing.
Even though the four of them joined forces, they were still defeated and begged for mercy by him.
Really enjoyable.
It is a rare enjoyment.
"As expected, the American Xu family will import another child."
After glancing at Helen and Lu Hui's flat stomachs, Xu Liang moved away the pink arms that were pressing on him. Beautiful legs, get out of bed lightly.
Put away the sheets stained with two plum blossoms.
I came to the study room, picked up a pen and wrote 20 and 21 on it, and then put it in the safe carefully.
There are already two sheets inside, this is the third one.
After satisfying his little hobby, Xu Liang changed his clothes and joined Huo Gang outside to practice boxing.
Although he controlled four women in one night, his fighting power was astonishing.
But if you want to continue to maintain this fighting power, you must study hard and practice hard.
Your body is the capital of your care.
An hour passed, and Xu Liang, who was sweating, simply washed and changed his clothes.
First I went to the children's room to see the little guy.
Wearing diapers, Xu Wenbai was still sleeping soundly.
Xu Liang kissed the side of his face gently, looked at her lovingly for a while, and then tiptoed out.
I came to the living room and flipped through today's newspapers. Most of them were about Hurricane Katrina.
“Without a smartphone, it is inconvenient to even read the news.”
Whether it is Apple’s iPhone or the mobile operating system developed by Hongmeng, they are both in the development stage and are still far away from being released. A year or two.
We need to cultivate the market later.
It will take at least five years to truly mature.
Time passed little by little, and the sound of soft footsteps came closer and closer.
Accompanied by the familiar body fragrance, two white jade arms hugged his neck from behind.
Two pieces of amazing softness support the back of the head.
“Why didn’t you sleep more?” Xu Liang said.
“I can’t sleep without you.”
Helen rested her head on his left shoulder, looked sideways and smiled.
"How about it? Are you satisfied with the gift I prepared for you last night?"
"Very good."
"I knew you, a playboy, would say that. . "
He stood up and walked around, sitting directly in Xu Liang's arms, finding a comfortable position and relaxing his whole body.
"There are many twins. Sister Lane is so beautiful, but there are only one pair of Ivy twins. I paid a lot of money to convince them." Helen said softly.
"I know you put a lot of thought into this time. I will remember the credit. I will definitely not miss you next time I have a chance to use Facebook." Xu Liang said with a smile.
“Is this what you said?”
“When have I ever broken a promise?”
“Hee hee, of course my man will keep his promise. ...By the way, JP Morgan , Goldman Sachs, and Citigroup called again and wanted to reopen negotiations. Do you want me to give them a break?”
"It's okay to let it dry for a while, but the financing must be completed this year."
"I know, don't worry."
After being gentle for a while, after breakfast, Helen went to work.
The new business development of Facebook and Twitter and the launch of Netflix’s video business are all complicated and require her as CEO to supervise and solve them.
Every day is busy at work.
Even when she was long oil, she never came here a few times except after get off work.
I went upstairs to see the Lane sisters, chatted briefly for a while, and after treating their wounds, Xu Liang came to the study.
Not long.
Lu Hui walked over with a thick stack of documents.
“The financial report of the ‘Tenglong Plan’ is out.”
In order to respond to the old Soros's 'Dragon Slaying Plan', Xu Liang, who was named Failed, directly designated his counterattack strategy as the 'Tenglong Plan'.
Xu Liang's eyes lit up and he quickly reached out to take it.
This time in order to thwart Soros’s Quantum Fund, he invested a total of US$158.76 billion.
The money has its own origin.
First, Vivendi invested 5 billion euros (equivalent to 6.15 billion U.S. dollars at the exchange rate). It was initially 2.7 times leveraged, then increased to five times, and then increased to ten times.
With an average position of $57.2, it holds a long position of 1.075 million crude oil lots.
Finally, the position was closed at an average price of US$66.8.
The average profit per barrel was US$9.6, and the total profit was US$10.32 billion (approximately equal to 8.4 billion euros).
Second, the 48.7% equity mortgage loan of the Hong Kong Stock Exchange is HK$21.3 billion, which is equivalent to US$2.8 billion based on the exchange rate.
However, this capital entered the market later than Vivendi’s capital, and the average position price is relatively high, US$58.4 per barrel.
The closing price is the same as Vivendi’s investment, which is US$66.8 per barrel. Under ten times leverage, the total income is US$4.027 billion.
It needs to be emphasized that after the successful acquisition of the shares of the Hong Kong Stock Exchange that year, Xu Liang put all these shares into the Xu Family Charity Fund No. 2 under the name of Qiao Yuhui.
You can avoid taxes by doing charity.
However, the combined funds provided by Vivendi and Xu’s No. 2 Charitable Fund are only US$9 billion.
The real big ones are Hanhua and Hongyan.
The total investment of Hanhua in the ‘Tenglong Plan’ is US$71.3 billion.
Of which US$27.9 billion is Hanhua’s own money.
The remaining US$43.4 billion comes from Hanhua Pacific Phase II Fund.
The average position price of this huge amount of funds is US$58.2/barrel, with ten times leverage, and the closing price is US$66.8/barrel.
Total revenue was $105.357 billion.
The portion belonging to Hanhua is US$41.227 billion.
Pacific Fund’s total revenue was US$64.13 billion.
Of the Pacific Fund’s income, 35% is subject to short-term capital gains tax, and 5% is financing costs and salary expenses.
Half of the remaining 60% is shared by the GPs.
The remaining 30% is Hanhua's own income.
Of course, this is just a paper gain.
The second phase of Hanhua Pacific has not yet been unblocked. It is similar to the profit from the subprime mortgage last time. Although the profit is huge, it cannot be counted as Hanhua's funds.
“Huier, please help me draft a document.
Convert the blocking period of Hanhua Pacific Fund and Qinglong Fund from two years to one year.
Let me have a look when it's done. ”
“Shorten the investment period? "
Xu Liang nodded.
"The two-year investment period is not good for us.
The characteristic of hedge funds is that they do not open for three years and last three years after opening.
The sharing standard for our private equity funds under Hanhua is a progressive system.
Only when the annual income exceeds 100% can we get half of the total income.
If it is a two-year blockade period.
Our profit exceeded 100% in the first year; if we make a profit of 100 yuan, we can get 50 yuan.
There were no good investment opportunities in the second year, the income was only 20 yuan, and the rate of return was only 20%.
Averaged over two years, the annual return is only 60%.
According to the rules we set, the annual income cannot exceed 65%, and we can only get 30% of the income, which is 40 yuan. We obviously suffer a loss.
If separated, count them one year at a time.
We split 50 yuan in the first year, and 4 yuan in the second year. The total is 54 yuan, which is obviously more money. ”
The sharing standard of Hanhua Private Equity Fund is:
The annual return rate is less than 5%, and all profits are given to customers.
The annual return rate is 6~15%, and Hanhua receives a 10% profit share.
The annual return rate is 16~35%, and Hanhua receives 20% of the revenue share.
The annual return rate is 36~65%, and Hanhua receives 30% of the revenue share.
The annual return rate is 66~99%, and Hanhua receives 40% of the revenue share.
If the annual income exceeds 100%, both parties will share it half and half.
“What if the client doesn’t agree?”
“They will agree. No matter how much money is in the investment account these days, it can’t compare to the cash in hand.”
< br>Lu Hui nodded.
Back to the previous topic.
Hongyan invested the most in the Tenglong Project, with a total of US$78.5 billion.
There are two main sources of this money.
Part of it is a mortgage loan on Hongyan’s own assets, and the other part is a loan.
The loan providers are Hongmeng, Standard Chartered, and of course Vivendi bond repayments sold by brokerage companies such as Goldman Sachs and Hanhua.
The average position price of Hongyan is lower than that of Hanhua, after all, it entered the market early.
That’s almost $57.9 per barrel.
Under the closing price of US$66.8, the total revenue reached an astonishing US$120.675 billion.
Added the four, this time Xu Liang gained a huge wealth of US$240.379 billion from this oil speculation.
This is the highest profit he has ever made.
But not all of the money will fall into his hands.
Vivendi has 10.3 billion US dollars, all of which must be used to repay debts.
The short-term profits tax of 35% in the United States is higher than the French corporate income tax of 33.3%.
Of course, when the turnover of a French enterprise (excluding tax) exceeds 7.63 million euros and the corporate tax exceeds 763,000 euros, it should also pay 3.3% social insurance.
In general, it is a little higher than the taxes imposed on the United States.
But rather than taxing the Americans, he would rather pay taxes to the French.
The most disrespectful person in Europe is this bald rooster.
In 2003, he took the lead in singing the opposite tune against the old American Huo Huo Iraq.
(End of this chapter)