My 1999

"Lao Guo, tomorrow you contact the major investment banks and increase the leverage of Qinglong No. 1 Fund to five times and the leverage of Qinglong No. 2 Fund to twice."

The rise of the two funds can support the use of higher leverage by the two funds.

Xu Liang knew that before the subprime mortgage crisis, there were basically no major black swan events in the international financial world, and both Nasdaq and the New York Stock Exchange were rising.

Even if one or two stocks lose money, it is unlikely to cause the entire portfolio to fall too much.

Therefore, he can continue to increase leverage with confidence and boldness.

Guo Shaojie, who was completely convinced about the investment, nodded.

"Mr. Xu, should we continue to invest in the companies we have invested in before?"

Xu Liang nodded, "That's right."

"In this case, I'm afraid it will require a long investment period. The stocks of the companies we have invested in are highly concentrated and have low turnover rates, so it is not easy to buy stocks from the secondary market.

Moreover, some companies in which we hold relatively high shares, such as Samsung Electronics and ASML, may no longer be willing to accept our financing. "

Hearing this, Xu Liang showed a trace of thought on his face.

This is indeed a problem.

There are many smart people in this world, but maybe they don’t know the general development trend of the Internet and technology industry in the future.

However, seeing that the operations of Internet companies are gradually stabilizing and even showing signs of growth, in order not to miss opportunities, there are definitely many investors who want to acquire some shares and bet on the future.

There are so many institutions around the world. If you buy a little and I buy a little, the liquidity will become less and less.

Of course, most companies will issue new shares at this time, but the time span is too long.

Hanhua Qinglong Fund has so much money in its hands that they cannot wait too long, otherwise they will not be able to earn interest and they will suffer big losses.

The best way is to first negotiate the amount of directional investment with the company you want to invest in, and then raise funds through investment banks.

"In this way, forget about companies where we hold more than 8% of the shares. You can write letters to other companies stating our investment intention of Hanhua. If they are willing to accept it, we can hand over half of the voting rights of the shares we own to them. The CEO of the company exercises.

Also, don't touch Oracle. "

Guo Shaojie quickly agreed.

He is also very aware of the grievances between his boss and Oracle boss Larry Ellison.

"Mr. Xu, we still need some new investment targets. After all, once the Qinglong No. 2 Fund uses leverage, even excluding Toshiba and Yahoo Japan that have already used leverage, it can still release more than 2.5 billion US dollars in funds.

Samsung Electronics, ASML, Toshiba, and Yahoo! Japan will no longer accept our investment, and TSMC will most likely not either.

AMD and ATI's plates are too small. "

Samsung Electronics, ASML, Toshiba, and Qinglong No. 2 Fund basically hold more than 8% of the shares, and the total shares held by Yahoo Japan Xu Liang are almost 16%.

If there were more, Masayoshi Son, that old fox, would have suspected whether he was engaging in a hostile takeover?

"It's a pity that we didn't have enough money at the beginning, otherwise there would have been a chance to buy the Yahoo Japan shares held by Yahoo."

Last year, Yahoo was in turmoil, and Yahoo! Japan was far from as vibrant as it is now.

He most likely has a chance.

but now……

Xu Liang shook his head.

"Add Broadcom and Intel."

The combined market value of the two companies is US$67 billion, which is enough even if Xu Liang plans to increase leverage.

"OK."

After chatting with Guo Shaojie about increasing leverage and investment, Xu Liang let him go.

Dong Dong…….

There was a knock on the door.

"Come in."

Lu Hui quickly opened the door and walked in.

"Mr. Xu, in one hour, Mr. Jiang's plane will land. Are you still going to greet him?"

Xu Liang stood up with a smile.

"Of course I want to go. I have to take good care of this aunt. This is our Hongyan Buddha."

Lu Hui complained secretly.

Even though they knew it was the Big Buddha, they were still outside playing with women.

"Have the hotel and car been booked?"

Lu Hui said quickly: "I have already asked Hanhua, and they have already booked a suite at the Shangri-La Hotel and rented three luxury buses from the Kowloon Bus Company."

Xu Liang nodded.

This time Jiang Xiaoyang did not come alone, but brought over all the founders of Hanhua's invested projects.

The purpose is to let them watch the launch of "Bright Glasses", strengthen their entrepreneurial confidence, and also lay the foundation for the merger of some investment projects.

——

Xiangjiang International Airport.

A Boeing 737-300 passenger plane landed slowly.

As the cabin door opened, some people who were obviously different from ordinary passengers stepped out.

Although most of them were dressed in casual clothes, their temperaments were calm and dignified, and they had obviously been in high positions for a long time.

The strange thing is that on the chests of these people, they all wear a gold badge slightly larger than their thumb.

The badge is round in shape overall.

In the middle is a vermilion seal shape.

In the center of the seal is the word "Hanhua".

The overall look is gold and red, exquisite and ancient, quite extraordinary.

"Although I have been to Hong Kong several times, I have always taken business class. This is my first time on a chartered flight."

A middle-aged man wearing a black coat smiled.

"Me too."

There were people around who echoed.

"Speaking of which, thanks to Mr. Jiang and Han Hua, otherwise we might not have had this opportunity."

A middle-aged man wearing glasses smiled.

Jiang Xiaoyang smiled, and just as he was about to speak, he noticed Xu Liang walking over, and his words changed instantly.

"Everyone, look, Mr. Xu Liangxu is here to pick us up."

Everyone subconsciously looked towards the distance, and sure enough they saw Xu Liang getting out of the car and walking quickly.

They had heard about this famous boss behind Hanhua, the richest man in the Mainland, for a long time.

After nodding to Jiang Xiaoyang first, Xu Liang stretched out his right hand towards the middle-aged man at the front who had a straight back and some graying temples.

"Mr. Ma, welcome to Xiangjiang."

Looking at the young man with a warm smile in front of him, Ma Jialiang felt dazed for a moment.

Although he had known that the other party was very young, he still couldn't believe it when he saw that the other party's face was younger than his own son.

too young.

Being young frustrated him.

"Hello, Mr. Xu."

Although when Hanhua acquired Suguo, he also blocked it in every possible way.

But now the matter is a foregone conclusion, Hanhua respects him very much, and he has let go of his grudge.

"We at Hanhua are very confident in the future of the retail industry, and we are looking forward to Suguo and Mr. Ma. We hope that both of us can work together to create a brilliant future for Suguo."

The sincere tone made Ma Jialiang feel a surge of heat pouring out of his heart, and for a moment he felt like "a scholar will die for his confidant."

"I, Ma Jialiang, will definitely live up to Mr. Xu's trust."

After Xu Liang smiled and nodded, his eyes turned and landed on a tall middle-aged man wearing a black suit.

"Mr. Niu, now I can drink your Mengniu milk every day." Xu Liang said with a smile.

Mengniu is the investment target of Jupiter II Fund.

Just last month, Hanhua Capital Jupiter II Fund, together with Morgan Stanley and Dinghui, invested US$25.97 million in Mengniu's holding company registered in the Cayman Islands through share subscription.

Approximately 210 million Chinese coins.

Obtained 90.6% of the equity of Mengniu in the Cayman Islands and 49% of the voting rights.

In the end, 66.7% of the actual equity of Mengniu was exchanged.

In the entire investment, Hanhua Capital contributed the most, acquiring 29% of Mengniu’s equity and 20.8% of its voting rights.

Morgan Stanley followed, with 20% of the equity and 15% of the voting rights.

Dinghui obtained the remaining 17.7% of the equity and 13.2% of the voting rights.

According to Xu Liang, it is best for the Jupiter II Fund to acquire all the shares of Mengniu.

But Niu Gensheng is not stupid either.

If the equity is concentrated in the hands of one person, there is no guarantee that the company will not belong to him in the end.

Even if Hanhua offered the most favorable terms, it would only be the lead investor in this round of financing.

Holding Xu Liang's extended right hand, Niu Gensheng smiled.

"Thank you, Mr. Xu, for your attention. We at Mengniu will definitely produce the best milk for Mr. Xu to drink."

Xu Liang nodded, "I look forward to Mr. Niu leading Mengniu to glory."

"I will definitely work hard."

After letting go, he continued to look back and looked at the middle-aged man with an ordinary appearance wearing an ordinary black jacket.

"Mr. Su, I have heard about the reputation of Supor, the leader in small home appliances in China, for a long time."

In addition to Mengniu, Supor is the second company invested by Jupiter II Fund.

US$12 million for 18% of the shares.

Su Zengyi was overjoyed and said modestly: "Mr. Xu's wonderful praise. A little fame cannot compare to the great achievements and international fame of the Hongmeng and Hanhua families."

"Mr. Su is too polite."

After a brief greeting, Xu Liang continued to move backward.

Soon, the couple from Dangdang.com, Ctrip Liang Jianzhang, Yongkang Dental founder Zhang Yongli, Nanfu Battery Chen Laimao, Haidilao Zhang Yong, Real Kungfu founder Pan Yuhai, Wallace founder Hua Brothers, all Hanhua's investments Basically all the CEOs of unlisted companies in China are here.

Except for the few funds he is responsible for, Xu Liang rarely manages Hanhua's business.

But now when he looked at the dense crowd in front of him, he realized that the scale of Hanhua had exceeded his original impression.

It took nearly half an hour just to chat.

Then everyone got on the bus and stayed at the Shangri-La Hotel.

Because there are still a few days left before the launch of ‘Bright Glasses’, everyone has free time before October 2nd.