Reborn Entrepreneurial Giant

"Made, Lehman is really going to die!" Wu Hongning called, forcing Qu Li to put down his work and go to Xiangjiang Club, Vision Fund and Xiangjiang Investment.

Since August, Lehman Brothers has been negotiating with various capitals, seeking to acquire shares, including many domestic financial institutions, such as Zhongyan Securities. It is a pity that after experiencing the lessons of China Investment Holdings Blackstone, Morgan Stanley and Ping An Insurance's investment in Fortis, the relevant departments have increased restrictions on domestic capital going overseas.

Kimchi China Development Bank is the most promising and sincere takeover of Lehman Brothers, but Lehman’s CEO can’t figure out the situation. On September 10, the negotiations broke down, and Lehman’s stock price plummeted 45% from $18. On September 11, it announced the The huge loss of US$3.9 billion in the third quarter far exceeded previous expectations, and the stock price continued to plummet to US$4.22. On September 12, Lehman sought an overall sale, but its business partners ceased cooperation one after another and switched to other brokerages and banks. Lehman's share price continued to plummet to $3.65.

At the beginning, Qu Li bought short options on several stocks, and the Vision Fund also shorted Lehman Brothers, and the short selling price exceeded US$50. Naturally, it was a huge profit at this time.

September 13th and 14th were weekends. Qu Li came to Xiangjiang. After thinking about it, he contacted Zhang Yiwen and made an appointment in Shangri-La. He had too much money to live in a cheap place.

"Why did you come here alone?" Qu Li went up to meet him.

"How many people do you want to come with?" Zhang Yiwen looked haggard

"Did you kill the child?"

"No, you want me to kill it?"

"I want you to find a female life assistant to take care of you."

"Then why don't you help me find one?"

The two huddled together, talking nonsense, but they were not ordinary people after all. In the end, it was down to business, Lehman's bankruptcy might cause market panic. The international crude oil price fell from US$140 to US$101, and Xiangjiang Investment made a profit of US$780 million on 20,000 empty orders.

"How dare you take such a large amount of money without Huatou's backing?" Zhang Yiwen cried

Qu Li has been worrying about making too much money from the financial market. He has 10,000 crude oil short options with a price of 120 US dollars. Now he has made a profit of nearly 200 million. By the end of the year, when the international crude oil price is below 50 US dollars, his profit will exceed 700 million. Dollar. What about Xiangjiang Investment? By then, at least $1.8 billion in profit will be made.

It doesn't matter how things turned out like they are today, their lives will continue after all, and while Zhang Yiwen's body can still bear it, they wantonly whipped them!

"Let's buy a house in Xiangjiang." Afterwards, Qu Li planned the future of the two

"Okay, I want a big house."

"Buy what you like, either on the top of the mountain or on the beach. Do you want to join Xiangjiang?"

"Why?"

"In China, after all, power outweighs wealth. Xiangjiang is slightly better and more suitable for the rich."

"I haven't thought about it..."

"Then think about it when you have time. How about we form a thousand-year-old family like the Qian family in the future?"

"Which Qian's?"

"Zhejiang Qian, haven't you heard of the name of Sanqian?"

"you mean?"

"In the future, I will not leave most of the wealth to future generations. At most, I will set up a family education and entrepreneurship fund. Whether they can succeed depends on themselves. Chen Danlin and I also said the same..." Qu Li talked about his plan

"Lin Zexu once said a word, which I think is very reasonable: If your children and grandchildren are like me, what to do with your money, if you are virtuous and rich, it will damage your aspirations; Pass."

"Why don't you say that you want to spread the word!" Zhang Yiwen pointed out mercilessly

"You think too much." Qu Li struggled to argue

"How many children do you want me to bear for you?"

"Two, three? One man and one woman?" Qu Li looked at her with a guilty conscience

"Hmph, go give birth by yourself..." Zhang Yiwen said angrily

The next day, Qu Li went to the location of the Vision Fund to discuss the strategy for tomorrow. If the Federal Reserve does not rescue Lehman Brothers, there is a high probability that it will be bad luck. The Vision Fund is not the only one that shorts Lehman and US stocks, and the interests involved are extremely high. big.

Of course, for the Vision Fund, the money earned by shorting Lehman is a small matter, and the real impact will come later. The privatization of Spreadtrum Communications and the acquisition of Xiangcai Securities are the big ones. When the financial crisis hits, most of the things that seemed out of reach before can now be discussed.

"The major shareholder of Spreadtrum wants to sell again?"

"It doesn't matter how much you charge, the price is high or low, anyway, it won't exceed $4."

Northern Lights may privatize Spreadtrum together with Envision, and the loss is the US stock leek. The stock price was 15 or 6 US dollars when it was listed a year ago, but now it is only 1 to 2 US dollars. There are not many variables in Spreadtrum Communications. Even if the privatization fails, it is still acceptable.

"What's the plan after the acquisition of Xiangcai?"

"After the acquisition of Xiangcai, he took control of Xiangjiang Investment..." Well, Qu Li thought about this sentence again. The controlling right has a purpose, and the control right is not in his hands, especially in this kind of industry that relies heavily on talents, the distribution of income The individual tends to be able to bring profits.

Of course, what they were discussing was how to make Xiangcai Securities bigger and stronger, and what Qu Li understood was how to open an account for this brokerage. Since it focuses on wealth management, of course there must be a fund, and a fund that can make money, which is not difficult for Qu Li at all.

"After the acquisition of Xiangcai, we set up several funds including US stock QDII and gold ETF..." Qu Li is full of confidence. Is there anything easier than stock trading in this world? Who doesn't know that gold will become sky-high?

"What if no one invests?"

"We spend the money ourselves." Qu Li was not afraid, opportunity, brothers!

After talking about this, Qu Li came to Xiangjiang to invest in the afternoon.

"We have already contacted ProLogis. They plan to sell the domestic logistics real estate, but Huatou's funds are aimed at overseas. If we want to acquire it, there may be compliance risks?"

"Just pretend you don't know. After this wave of market is over, will Xiangjiang Investment still be short of money?"

"Probably not." Zhang Yiwen thought for a while. In the first half of the year, he made a profit of 600 million US dollars with 150 million US dollars of long crude oil; in the second half of the year, he shorted international crude oil from 150 to around 100 US dollars. This kind of high-level private equity appeared in the real world. , is definitely being snapped up, not to mention 2% plus 20%, even 30% of the revenue share can't stop the crazy funds.

For example, the Paulson Fund, the Wall Street god of space, became famous during the subprime mortgage crisis, reaching US$36 billion in early 2008. Even if capital discriminates against Chinese women, it shouldn’t be too much for Xiangjiang’s investment to reach US$10 billion next year, right?

On the night of September 14, 2008, the Federal Reserve announced that it would not provide financial assistance to Lehman Brothers, Bank of America announced the acquisition of Merrill Lynch, Barclays, Berkshire and others announced that they would not invest in Lehman Brothers. On September 15, Lehman officially filed for bankruptcy protection, and the century-old investment bank collapsed...