My 1999
Chapter 275 God of Wealth
There are already many people sitting in the hall.
Basically, they are representatives of major investment banks and banks in Asia, as well as the second generation and management of Hong Kong wealthy families, and a small number of them are representatives of large mainland companies.
Such as China Resources.
They all knew Li Zhaoji, and they never expected that he, who had gradually faded out of the business world, would come in person.
People I knew and didn’t know came over to say hello.
Xu Liang couldn't help but feel a little envious when he saw it.
This kind of influence in the business world is much stronger than him.
Fortunately, he is still young and will have plenty of opportunities to catch up in the future.
At this moment, Zhao Xun's voice came from the headset again.
"Boss, Michael Kadoorie is here."
Xu Liang was shocked, then became happy again.
For this investment reception held in Hong Kong, he had learned a lot about the major wealthy families in Hong Kong. Michael Kadoorie was the chairman of the board of directors of Peninsula Hotel and CLP Group.
Although his status is not as good as that of Li Zhaoji, it is not much worse.
This is also a big shot that he needs to greet personally.
"Mr. Li, I have to go greet a distinguished guest, so I'll excuse you for now."
Li Zhaoji nodded, "Mr. Xu, go ahead and remember to have a drink with me, an old man."
"OK."
After agreeing, Xu Liang turned around and came to the door.
A tall, gray-haired old white man walked over under the protection of several bodyguards.
I saw him extending his right hand.
"Mr. Xu, I have long admired your name."
Speaking fluent Mandarin from a white man's mouth always feels a bit inconsistent.
"Thank you, Mr. Kadoorie. You are a senior in the business world. I will definitely ask for your advice in the future."
"Haha, I'm looking forward to meeting Mr. Xu again."
"Please come in."
"please."
After the two came to the hall together, everyone was surprised again.
The Kadoorie family is the most prominent white tycoon in Hong Kong besides HSBC Taipan. This time the family leader came in person, which really gave him a lot of face.
Kadoorie was a little surprised when he saw the people in the hall, especially when he saw Li Zhaoji coming in person, and he hurriedly stepped forward to say hello.
Xu Liang entertained for a while and saw that the time for the start of the cocktail party was getting closer and closer. Just as he was about to start, he heard Zhao Xun's voice coming from outside again.
"Mr. Xu, Mr. Ning from Xia Run is here."
"Who?" Xu Liang thought he heard wrongly.
"Xia Run's Ning Hao Ning."
There was also surprise in Zhao Xun's words. Xia Run was definitely at the forefront of the four major state-owned enterprises in Xiangjiang. As the chairman and general manager of Xia Run, Ning Haoning's status was comparable to that of a provincial bu-level official.
Although he didn't know why this person came, Xu Liang still apologized and hurriedly greeted him.
As soon as I left the banquet hall, I saw a middle-aged man wearing a black suit, dark complexion, slightly fat, and not angry or intimidating walking over.
"Mr. Ning, I didn't expect you to come despite your busy schedule. Welcome."
Ning Haoning took hold of Xu Liang's right hand that he extended and said with a smile: "Mr. Xu is a very popular figure in the domestic business community these days, and his acquisition of Sina is a masterstroke and amazing.
I have been friends with him for a long time, so I just took advantage of the opportunity to come and pay a visit today. I hope Mr. Xu will not care about me as a temporary visitor. "
"You're welcome. Although Hongmeng has some achievements, they are still far behind Xia Run."
Ning Haoning smiled and nodded, then turned his eyes.
"Xiaoyang, are you there too?"
"Uncle Ning."
Jiang Xiaoyang quickly stepped forward to say hello.
"What are you...?"
With his sophisticated eyes, he could tell that Xu Liang and Jiang Xiaoyang were not simple.
"I am the managing partner of Hanhua, and Xu Liang is the founder of Hanhua. Now the businesses of Hanhua and Hongyan have been merged." Jiang Xiaoyang said quickly.
Ning Haoning suddenly realized, "So that's it."
After understanding, he looked at Xu Liang with a clear look.
No wonder the other party can achieve such brilliant achievements at such a young age. With the support of the Jiang family, everything makes sense.
Just as Jiang Xiaoyang was about to explain, Xu Liang quickly held her hand down.
"Mr. Ning, please come in."
"please."
Take Ning Haoning to the banquet hall.
As the head of Xia Run, one of the four major state-owned enterprises in Hong Kong, Ning Haoning is naturally a figure that attracts much attention, and her status is no worse than Michael Kadoorie and Li Zhaoji.
When everyone was greeting him, Jiang Xiaoyang stepped forward and lowered his voice next to Xu Liang.
"Why didn't you let me explain it clearly just now?"
"I can't explain this kind of thing at all. Or do you think they will believe you when you say that I achieved my current results by myself?"
"How do you know that others don't believe me before I even open my mouth?" Jiang Xiaoyang whispered.
"Prejudices in people's hearts are like a big mountain. Once they are formed, they are not easy to change. And I only care about actual interests and don't care about false reputations.
Okay, it's almost time and it's time for me to take the stage. "
Xu Liang took the microphone from the staff of Hanhua and stepped onto the podium.
Seeing him like this, everyone who was chatting gradually turned their attention.
"Dear distinguished guests, gentlemen and ladies, welcome to visit us in person today to participate in the first fund-raising reception held by Hanhua in Hong Kong."
Wow, not exactly warm applause.
Xu Liang waited for the applause to subside before continuing.
“I believe everyone here knows me, so I won’t introduce myself too much.
Taking the time, I would like to briefly introduce our company, Hanhua Capital.
Our company was established on February 15, 2000. Strictly speaking, it is the first company I established. After the establishment of the company, we were keenly aware of the risks contained in the US Nasdaq stock market and boldly shorted Yahoo, the first stock on Nasdaq.
We didn't have much capital at the time, so we only invested US$550,000. With five times leverage, we held a short position of 60,000 shares of Yahoo, with an average price of US$46.4.
I believe everyone knows what happened next. On March 12, 2000, the Nasdaq crisis broke out, and Yahoo's stock price fell to the bottom.
In less than two months, Hanhua Capital made a profit of US$2.7648 million, with a return on investment of 500%. "
As soon as these words came out, everyone in the audience showed surprise on their faces.
Although the total amount is not much, the profit has been made five times in just one month, which is really amazing.
"Our brokerage at the time was Merrill Lynch. If you don't believe it, you can ask Mr. Greene McLean, President of Merrill Lynch Asia."
Everyone's eyes instantly focused on a tall middle-aged white man wearing gold-rimmed glasses.
The latter smiled and nodded.
"Merrill Lynch can vouch for Mr. Xu."
Now there was no doubt anymore.
"No wonder Merrill Lynch is willing to invest 100 million US dollars. It turns out there is such a thing." Sherron Watkins, president of Morgan Stanley's Asia headquarters, thought to himself.
“This is our first investment profit at Hanhua Capital.
In 2001, we paid attention to rumors of financial fraud in Enron, one of the world's largest integrated natural gas and electric power companies. We spent half a year investigating and finally confirmed that Enron's external investment projects continued to produce major losses. Losses, internal extravagance, and the fact that it amounts to $1.8 billion per year.
Therefore, in July, he decisively invested US$700 million, controlled US$3.5 billion with five times leverage, and held a short position of 42.94 million Enron shares at an average price of US$81.5.
Then the position was closed on September 18 at an average price of US$22.5.
Lasted two months and fourteen days, profit was $59 per share.
In other words, this short sale allowed Hanhua to earn US$2.534 billion.
The return on investment is 362%. "
As soon as these words came out, there was a gasp under the rostrum, and everyone was moved by it.
The first profit was five times, but it was only over two million US dollars, so they didn't care too much.
But this time the profit exceeded 2.5 billion US dollars, which was a completely earth-shaking change.
Currently, among the hundreds of people attending the reception, except for a handful of people including Li Zhaoji and Michael Kadoorie, most of the remaining ones have a net worth of less than US$2.5 billion.
Looking at the young people talking on the stage, everyone's eyes shone.
This is the God of Wealth.
Xu Liang saw the changes in everyone's expressions and couldn't help but smile.
This is the effect you want.
Only by letting more people know about it can Hanhua raise more money.
As for whether it would cause trouble after being exposed, he was not too worried.
He is making money for others. Anyone who invests money in Hanhua will provide him with help.
This is called a community of interests.
“The investment in Enron was our second investment profit at Hanhua Capital, and it was also our most profitable one.
Next comes the third time…. "
"The Enron incident has not yet passed, and this is already the third return on investment?!" Everyone was shocked.
"I believe everyone is well aware of the September 11th incident in the United States. Before explaining the specific cases, let us first mourn the victims of this incident."
Xu Liang clasped his hands together and bowed his head in silence for a moment.
The United States is still the world's leader and wants to make money on other people's land. It needs to do some face-saving projects.
Seeing him like this, everyone in the audience had to do the same.
After doing enough foreplay, Xu Liangcai continued.
“After September 11, we invested in U.S. military industry stocks. Hanhua invested US$2.5 billion, leveraged 5 times, leveraged US$12 billion, and held equity in 15 military industry and surrounding affiliated companies.
Unfortunately, the time is too short and the competition is fierce.
After withdrawing on October 14, we only achieved a 10% return and earned $1.2 billion, which was the lowest return on any investment in our history. "
Seeing his unwillingness, everyone below felt envious and had toothache.
Fuck, $1.2 billion is a lot, right? And there are not many opportunities to obtain a stable return of more than 10% in the world, right? What’s more, you still made it in less than a month.
It's already enviable to death.
Li Zhaoji, Kadoorie, Ning Haoning and others finally understood why the top investment banks on Wall Street and major international banks were so generous and came to attend Xu Liang's investment reception.
Who wouldn’t want to curry favor with such a God of Wealth?
Seeing that the atmosphere was almost warmed up, Xu Liang was no longer trying to hold off.
“Currently, Hanhua Capital has three funds raising funds from the outside world.
The first is Phoenix Fund, which invests in M\u0026A mergers and acquisitions. It has a three-year blockade period and plans to raise US$300 million in funds. It will mainly invest in valuable companies in China and the United States.
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