What's wrong with me being a rich man?
Chapter 216 Wildfire
Chapter 216 Wildfire
The Gregorian calendar is updated and the world enters a new year.
However, the turmoil surrounding Alibaba and Yahoo has only intensified.
After the truth was revealed, Yahoo simply revealed more of the current situation, confirming that 30% of Alipay's shares had not been transferred, and this shareholding would undoubtedly become the focus of the next board struggle.
Yahoo lost an important asset without explaining it, and many media outlets questioned Ma's professional ethics. More than ten Yahoo investors even joined together to launch a joint lawsuit.
The media reported on it endlessly, netizens were discussing it, and the two major listed companies accused each other.
As the mysterious short seller who intensified the conflict, the two partners of Guoshanfeng reviewed the incident in the kitchen.
Yu Xing was cutting vegetables and Liu Wanying was peeling garlic.
It was drizzling outside the window, the range hood was making a low buzzing sound, and the ribs made a "sizzling" sound when they were put into the pot.
"What do you think will be the effect of Yahoo's tough stance this time? Will Bartz be able to join Alibaba's board of directors next year, oh no, this year?" Liu Wanying turned her head to look at Yu Xing while sitting on a small stool.
"It's definitely impossible to get in. Yahoo is getting worse and worse." Yu Xing said casually while frying pork ribs. "I feel that Yahoo's accusations and the joint lawsuit by shareholders are more of a posturing. I asked Xu Xin, and Xu Xin also had the same opinion. She said that Yahoo regretted not accepting Microsoft's acquisition, and now it's more of an increase in bargaining chips."
Liu Wanying nodded slightly: "Well, that's interesting. At this time, we can't act on impulse. But when Bats first took office, he was very...very unsociable."
Yu Xing laughed, knowing that Xiaoying was probably referring to the conflict between Yahoo's new CEO and Ma Dian.
He expressed his thoughts in two words: "Arrogance."
Things are different now, but it may still be difficult to recognize this and change quickly.
Yu Xing felt that Bats probably still had the mentality of an elder brother.
At the same time, he was reminded that people like Shen Nanpeng, who asked him to delete the post and found it difficult to accept being rejected, might have similar feelings.
Liu Wanying stood up, put the peeled garlic aside, and praised: "Not bad, arrogance mixed with the struggle for interests. Oh, you have become more sober after repairing your relationship with Xu Xin in Lin'an. How about Mr. Xu? Is your current cooperation like the early cooperation between Yahoo and Alibaba?"
Yu Xing thought about this question briefly, then shook his head and said, "Let's just get by. No matter what she thinks, I respect her."
Liu Wanying couldn't help laughing.
"Okay, go outside. I'll cook a few simple dishes." Yu Xing drove him away.
Liu Wanying leaned against the kitchen door and watched for a while, then went to the living room and brought all the sorted materials to the table.
At 7:30 in the evening, three dishes and a soup were placed on the table, but what made people most happy was the return from shorting Alibaba and Yahoo.
When Guo Shanfeng first shorted Fenzhong Media, the two could only scrape together a capital of $60, but in the end they got back $159.1 million including principal and interest.
The second time they shorted Sino-Forest was because Red Falcon Capital withdrew its investment through Bai Xiaosheng. The two took out a principal of US$320 million, which they then turned into US$1600 million.
This time, when shorting Alibaba and Yahoo, Liu Wanying increased the proportion of aggressive CFD contracts considering the size and influence of the two companies. She completed all operations just before the New Year's Day market closed, without waiting for subsequent declines or oversold rebounds. As a result, she made a profit of $1500 million with a principal of $2133 million, and the funds currently available on hand have reached $3633 million.
The share prices of Alibaba and Yahoo did not collapse like those of Fenzhong Media and Sino-Forest. Even though their events were more widely publicized, the decline in their market value was not that significant, regardless of the nature or relative stability of their businesses.
But this time, the capital that can be used to cross the mountain has increased, which means that higher profits can be obtained with a smaller drop.
With a capital of 50 yuan and a 100% profit, it is only 10 yuan. With a capital of 10 million yuan and even a % profit, it is only yuan.
3633 million US dollars, equivalent to 2.47 million Chinese Yuan, is the money obtained from three short-selling in the past year, which is not slow. Of course, compared with the evaporated market value of Fenzhong Media, Sino-Forest, Alibaba, and Yahoo, 3633 million US dollars is still a drop in the bucket. No, even compared with Fenzhong Media alone, it is still a big difference.
However, this is undoubtedly a huge achievement for Guoshanfeng, which has only been in operation for a year and has only two full-time employees.
Liu Wanying did not simply give a brief description of the process as she did in the previous two times, but instead sorted out the company aliases, operating accounts and control chains registered overseas.
Even though their relationship is different from their initial collaboration, she is clearer and more transparent.
Yu Xing flipped through the pages quickly, only glancing at the overseas companies and only taking a few more glances at the ten-fold leverage of the CFD contract. His eyes finally fell on the figure of 3633 million US dollars.
Bai Xiaosheng's full-year revenue in 2009 was only 3135 million Chinese yuan, and these 3633 million US dollars were purely disposable funds.
It represents...
Yu Xing thought of four words: food, clothing, housing and transportation, and couldn't help but feel a little dazzled.
"Boss Yu, how is it?" Liu Wanying sometimes liked to call Yu Xing this way when she was joking or talking about serious matters. "Is the money this time enough for your Bai Xiaosheng's next round of financing?"
When Guo Shanfeng shorted the market for the second time, Yu Xing once said that the money earned from destroying the market value of Sino-Forest by tens of billions would almost be enough to cover half of Bai Xiaosheng’s next round of financing.
Liu Wanying remembered these words very clearly.
Yu Xing shook his head and said nothing. He still stared at the numbers for a long time.
After a while, he said in a daze, "I have an urge to disband the mountain immediately. We can take this money and do whatever we want. Xiaoying, what do you think?"
Liu Wanying pursed her lips, not looking at Yu Xing, her eyes drifted from the spareribs to the shredded potatoes, and then she said, "Well...what do you think?"
Last summer, no, it was the summer before last, Yu Xing had only one thought in mind, which was to save his family from the gloom. Now, looking at the numbers that far exceeded expectations, more thoughts popped up involuntarily.
People are always greedy.
Yu Xing let out a sigh of relief. He hadn't met his former bosses yet, and he still had to snipe the Penguin this year.
He laughed and said, "I have to give out a few more big red envelopes this year. This is really profitable."
Liu Wanying looked at Yu Xing: "So?"
She hadn't heard the answer to the question yet.
"I feel like this money can bury me." Yu Xing sighed, "But I don't know why, it's like there's a wildfire in my heart, and it suddenly sprang up when the wind blew."
He asked for advice: "Let's do another job, okay? Let's make the golden shovel for sniping penguins."
Liu Wanying smiled and said, "Let's do two more deals. Chen Deyuan talked about his views on China Forest Holdings in detail. I think it will be quite useful."
Yu Xing nodded without hesitation and picked up the chopsticks again, as if he was picking up a cold scalpel.
If we stop now, Fenzhong, Jiahan, Alibaba, Yahoo, and even Tang Jun, Cai Dabao and others will all feel wronged.
(End of this chapter)
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