My 1999

Qiu Deba looked at the leaving motorcade for a long time before returning to the living room and sitting down with the help of his son.

"Dad, Qinglong Fund's performance is very good. Xu Liang's investment ability has been proven. We only invested 5 million US dollars in Kunpeng. Isn't it too little?" Qiu Jinshan said.

Qiu Deba shook his head slightly.

"Although Xu Liang is very capable, equity investment and futures investment are two different things. Whether he can continue to replicate his success in Qinglong Fund is still unknown.

US$5 million is enough. If he can prove his talent in futures investment through this investment, it will not be too late for us to invest more. "

Qiu Jinshan nodded. He had become accustomed to his father's conservatism in his old age.

"Jinshan, go and check, what has Xu Liang done in the past few months, and who has he met?"

Qiu Jinshan was stunned, "What are you...?"

Qiu Deba narrowed his eyes slightly, and his already somewhat cloudy eyes shone with the wisdom he had experienced through vicissitudes of life.

"Although our Qiu family is considered rich, there are many rich Chinese people who are richer than us. He ignored those people and came to Singapore to see me?

Kunpeng Fund raises funds?

Haha, when our Qiu family invested 20 million US dollars in Qinglong No. 2 Fund, we didn’t see him calling to say hello.

Now I am here just for the Kunpeng Fund. If there are no other reasons, I don’t believe it. "

After hearing what his father said, Qiu Jinshan also noticed something unusual.

"Do you think he has another purpose in coming to our Qiu family?"

"What else? A well-known financial tycoon and top entrepreneur would not come here in person to raise funds. We have only known each other for a lifetime, let alone have any friendship, so it is not worthy of him visiting in person.

If it was just a drop-in, he had been to Xiangjiang so many times, but he had never stopped by to meet Li Jiacheng and Li Laosi. "Qiu Deba said slowly.

Qiu Jinshan's expression changed, "He is interested in our Qiu family's property?"

Qiu Deba nodded slowly, "This is the most likely thing. But I just don't know what he sees in our Qiu family?"

Qiu Jinshan's expression changed for a moment and he stood up suddenly.

"I'll ask him."

"stop."

After stopping his son.

"Use your brain and think about it carefully. If he really knew how to say it, he would have said it just now. Since he didn't say it, it means the time has not come. Even if you ask, he won't say it.

There is a saying: If the king is not secretive, his ministers will lose their authority; if their ministers are not secretive, they will lose their virginity; if they are not secretive in several matters, they will suffer harm.

But among all the heroes who can start from scratch and create a huge business, which one is not cautious and prudent?

If he had just asked a few questions and revealed the secret, he wouldn't be where he is now; it's even more likely that there is a huge trap hidden in the information you get.

If you are not careful, you will be tricked by others. "

After a pause, Qiu Deba took a breath.

"Wait, wait until he comes to the door on his own. Anyway, the initiative is in our hands, and we are not afraid of his machinations."

Qiu Jinshan nodded slowly.

"Dad, I really didn't expect this man to be so cunning and cunning at such a young age. It's a shame that I thought he was a sincere gentleman."

Seeing his son's angry look, Qiu Deba shook his head inwardly.

My eldest son is good at everything, but he is a bit more upright and trusts people too easily.

Fortunately, he has made arrangements with Maybank. Even if he dies, the company can be passed down stably and ensure the wealth of the Qiu family.

——

"Pack up and fly to Xiangjiang the day after tomorrow." Xu Liang explained.

Lu Hui nodded and couldn't help but ask: "Mr. Xu, we have only been here a few days, why are we going back so soon?"

"You've done what you need to do, why are you still here?"

"You came here mainly to visit the Qiu family?" Lu Hui asked curiously.

Xu Liang smiled and didn't say much.

Lu Hui wisely did not ask any further questions.

Looking at the Qiu family villa farther and farther outside the window, Xu Liang's eyes gradually became deeper.

The Qiu family holds 14.9% of Standard Chartered shares.

As long as he gets this part of the equity, his stake in Standard Chartered will reach 31.7%. If he just buys a little bit from the market, he can exceed 34%.

By then, Standard Chartered will be in his hands.

But he is in no rush to get equity.

He needs the support of Standard Chartered's board of directors more than equity.

After all, there is a shark repellent clause and a fault clause.

Even if he gets 34% of the equity, he can't control the board of directors, and Standard Chartered's management can ignore him.

Business management in the West, especially in the United States, is different from that in the East.

Management, board of directors and shareholders are not the same thing.

In China, the chairman of the board of directors has a very high status and truly controls the company. The CEO is just a worker. If you don't do well, you will be replaced.

Similar to Li Yanhong and Lu Qi.

In the United States, because the company's equity is relatively dispersed, the core of the company is the CEO, who truly holds the power of management.

The board of directors only oversees.

Has no right to interfere with company management.

Shareholders vote to elect directors to form the board of directors.

However, if the director does not make any mistakes, the shareholder does not have the right to remove the other party from the director's office during the director's term of office.

Through institutional constraints, in companies that have shark repelling clauses, especially "classified board of directors clauses", even if you hold more than 50% of the shares, you must act according to the rules.

It takes three years to elect three directors a year and take full control of the board of directors.

Unless you can get 67% of the equity, you can directly modify the company's registration information and rules and regulations.

In this case, it would be better to make a public tender offer directly.

So getting more board seats is the most important thing.

The Qiu family owns 14.9% of Standard Chartered's shares and holds two board seats.

Counting his own side, he got four seats.

As long as he gets three more seats, he can control Standard Chartered's board of directors.

The best way to make the Qiu family surrender is to exchange benefits.

This is true for Qinglong Fund, and so is Kunpeng Fund.

As long as the Qiu family invests more and more in him and makes more and more money, there is no fear that they will not take the bait.

Therefore, this time he paid a special visit to the Qiu family, just to make a first stop and get acquainted with him. When the profits of Kunpeng Fund came out, he had the capital to make the acquisition, and the Qiu family took the bait completely, and then he would try to find out.

——

No. 33, Baijia Road, Heung Kong.

Xu Liang looked at the information on the Qinglong No. 2 Fund in his hand.

The fund, which raised US$3 billion, was fully raised last month.

Currently, it has invested in seven companies, which is more than Xu Liang originally planned.

The main reason is that after the shares of Samsung Electronics, ASML, Toshiba and TSMC were absorbed by them, the turnover rate became lower and lower, and the prices became higher and higher.

It’s no longer easy to buy.

As for Samsung coming to talk about cooperation and direct investment, except for ASML, all of them basically refused.

Reluctantly, Xu Liang expanded his investment scope.

Added AMD, ATI and Yahoo Japan.

Currently, they hold 10% of Samsung Electronics with US$1.24 billion.

US$310 million, triple leverage, holding 9.7% of Toshiba's equity.

US$320 million, holding a 10% stake in ASML.

US$570 million, holding 6.5% stake in TSMC.

US$310 million, holding 6% stake in AMD.

US$120 million, triple leverage, holding 5.7% of Yahoo Japan's equity.

US$40 million, holding 7.2% stake in graphics card manufacturer ATI.

Today there is still US$130 million left.

"Put all the remaining money on Toshiba," Xu Liang said.

Qinglong No. 2 Fund started investing when it raised funds at the beginning of this year. It has made a lot of money so far and is basically guaranteed not to lose money.

There is no need to keep the money.

"Mr. Xu, Toshiba has recently benefited from the growth of its flash memory business, and its stock turnover rate is not high. If it is still triple leveraged, it may be difficult to buy enough stocks." Guo Shaojie said.

"I forgot about this." Xu Liang said.

As Apple's iPod became more popular, it also boosted the sales of other MP3 players.

Now more and more companies are joining in, and iterations are getting faster and faster.

This trend has also attracted the attention of a lot of capital.

There is no advanced technology in MP3 players, only the key component of flash memory is the core.

As the world's largest flash memory manufacturer, Toshiba's stock price has also skyrocketed.

Before Hanhua invested, Toshiba's market value had dropped to US$6.5 billion due to the Nasdaq crisis. In just a few months, Toshiba had expanded to US$8.3 billion, and it was still not growing.

If Hanhua had not taken action early, it would not have been able to obtain so much equity.

"Buy as much as you can before the end of the year, and invest the excess funds in ATI."

Tens of millions of dollars of capital are invested in giants such as Samsung and TSMC, which can easily reach tens of billions of dollars.

By investing in companies with lower market capitalization, you can get important equity.

And a company with a low market value does not necessarily have a low future value.

On the contrary, its growth potential is even better.

"yes."

Guo Shaojie agreed.

"By the way, Mr. Xu. There are still many institutions ready to invest in us, so should we start fundraising for Qinglong Fund No. 3?"

Xu Liang thought for a while.

He can now think of companies with relatively high growth rates in the Internet and technology industries, and he basically has them in his hands.

Although there are other good companies, they are all inferior to the ones he selected.

"Lao Guo, how much has the Qinglong No. 2 Fund risen now?"

"32%."

Guo Shaojie said excitedly.

It was really an eye-opener for him. He used to be the deputy director of the personal banking department of the Bank of East Asia. Although he was not good at financial investment and hedge funds, he was not unfamiliar with it.

When the Bank of East Asia invests internally, it can steadily rise by more than 10% in a year, which is considered to be a huge profit.

If they can stably rise by more than 15%, they are all world-class leaders.

If it can stably rise by 20%, that is a Buffett-level boss.

But he never expected that his boss could be so awesome. In just one year, Qinglong No. 1 Fund more than doubled. Qinglong No. 2 Fund’s rise is also among the best in the world.

It's simply amazing.

Unlike Guo Shaojie's excitement and exclamation, although Xu Liangliang was a little happy, he was more calm.

He knew it well as the Nasdaq crisis subsided.

The Internet and technology stocks that have been dragged down will definitely have a huge rise.

This increase has now occurred.

It will be even more obvious in 2003.