My 1999
Chapter 579 Super high rate of return
Yang Zhiyuan smiled slightly. Thanks to Yahoo's soaring stock price, he cashed out a lot of money from the stock market. Among the wealthy Chinese Americans in the United States, his net worth is at the forefront.
So when I invested in Hanhua, I spent US$50 million, which was almost the most of anyone.
Although scattered within multiple funds, Qinglong Fund and Pacific Fund each invested US$7 million.
Now after the lockdown is lifted, these two funds alone have earned him more than 80 million US dollars.
"They made a lot of money, but Bill Gates and Li Jiacheng made more." Yang Zhiyuan said.
It was reported in newspapers that Bill Gates and Li each invested US$100 million.
According to the returns of Qinglong Fund and Pacific Fund, each of them made nearly 1 billion US dollars.
"I heard that Bill Gates was the first to come today. He obviously made a lot of money. Otherwise, given his status, he would not be so active." David Sun said jealously.
"Oh, it would have been better if we had invested more in the first place." Huang Renxun said with some regret.
"Who says it isn't? However, we can't change the past, and we must seize the opportunity this time." Sun David said.
Huang Renxun nodded in agreement, but looking at the dense flow of people at the scene, a trace of worry flashed in his eyes.
Everyone is not a fool.
The two funds of Hanhua's "Qinglong" and "Pacific" are making so much money, who doesn't want to take a share of the pie?
Faced with so many powerful people competing for each other, how many will eventually fall into their hands? ! ——
"I didn't expect you to come too?"
Christina Yeri looked at the woman in front of her with an unkind expression.
"You can come, why can't I come? Besides, I came earlier than you."
Helen Montes smiled.
He looked at the old classmate in front of him who was wearing a long white dress, with blond hair, cool temperament and delicate face.
"Christina, there is actually no need for us to fight with each other. In Xu's eyes, we are just beautiful women we have met a few times, not much different from the ladies and ladies here today.
Even if we were beaten to a bloody head, he would not have any mercy. "
Christina Yeri's expression calmed down, of course she knew this. But she was still unbalanced in her heart. On Christmas Eve last year, if this damn woman hadn't come to her door.
She had already slept with Xu Liang.
With this crucial step, with her beauty, ability and skill, even if she doesn't become Mrs. Xu in the end, she can still gain endless wealth.
This is also where her heart knot lies.
Just about to speak.
"Look."
Subconsciously, he turned his head and looked in the direction of Helen's finger.
Xu Liang walked in accompanied by someone while chatting and laughing.
Christina was shocked.
"Mr President?!"
Not just them, many people were surprised that Xu Liang, a Chinese, could actually invite George W. Bush?
Judging from the looks of the two of them, it was obvious that they had known each other for a long time.
Xu Liang also felt the commotion around him, but this was also his purpose.
Only by letting others know about his deep network of contacts as much as possible, when he asks for help next time, will everyone help him freely.
Otherwise, it will be too difficult and you will hesitate even if you want to take action.
Take George W. Bush to the innermost circle.
Here are the elder Gates, GE CEO Jeff Immelt, Secretary of State Powell, U.S. Trade Commission Chairman James Leon, Attorney General Jarvis Merritt, and U.S. House Speaker Dennis Hastert , 13 people including JPMorgan DA CEO Jamie Dimon, Citibank CEO John Reid, Goldman Sachs CEO Henry Paulson, etc.
They are basically government giants and financial giants.
Counting Xu Liang and George W. Bush, there were exactly fifteen people.
"I didn't expect that Mr. Xu and Mr. President are also friends." John Reed said with a smile.
"Of course Xu is a good friend of mine. We had a pleasant conversation last time in Washington."
Considering that Pacific Fund has raised US$3 billion in funds, George W. Bush will of course give Xu Liang a platform.
Smiles appeared on everyone's faces. Everyone knew that at their level, there was no precious friendship. It was just an exchange of interests.
Xu Liang offered benefits that Bush could not refuse, so he came naturally.
After all, the United States is not China. Although the president of a small government has great power, that's all.
"Everyone, you talk first, I'll be back as soon as I can."
Xu Liang smiled.
"Xu, today is your home court. We all listen to you. Just follow the arrangements." Old Gates said with a smile.
Xu Liang nodded and went directly to the stairs leading from the hall to the second floor.
He took the microphone handed over by Lu Hui.
"Good evening, gentlemen and ladies. Welcome everyone to come to Xu's Manor on this wonderful evening to participate in Hanhua Capital's fundraising dinner today. On behalf of the entire three thousand employees of Hanhua Capital, I would like to thank you all for coming."
After Xu Liang bowed slightly and saluted, there was continuous applause in the hall.
After a while.
Xu Liang continued.
"In the past two years, many of Hanhua's funds have obtained generous returns for clients, among which Pacific No. 1 Fund and Qinglong No. 1 Fund have the most generous returns.
In particular, the Pacific No. 1 Fund, with an initial capital of US$2.846 billion, achieved a total net income of US$29.48 billion through two opportunities in one year, namely the oil crisis and the soybean crisis, with a return on investment of 1036%. "
As soon as this statement came out, he quickly received exclamations from the audience.
Even Bush Jr., Gates Sr. and others were shocked.
Everyone knew that the returns of the Pacific No. 1 Fund were very high, but they did not expect them to be so high.
In an instant, almost all hedge funds were under pressure.
Xu Liang, who was very satisfied with everyone's attitude, continued with a smile.
"After deducting capital gains tax, administrative costs and various taxes and fees, the Pacific No. 1 Fund had a net income of US$18.5724 billion, a net return of 653%."
This data is different from what Jiang Xiaoyang reported to Xu Liang.
But this is an actuarial result. What Jiang Xiaoyang said is only approximate, and of course there will be differences.
"In other words, in one year, the money you invested in me increased by 326% on average. If you invest US$100 million, in addition to the principal, you can get US$326 million from Hanhua.
I think there is no legal channel in the world, except Hanhua, there is no fund or company that can allow you to get such huge legal returns in such a short period of time! "
Wow….
Thunderous applause resounded throughout the hall.
Everyone looked at Xu Liang with fiery eyes.
At this moment, he does not represent a ‘person’, but a walking dollar.
Xu Liang pressed down his hands repeatedly, and it took a long time for everyone to calm down.
"Everyone, don't be too busy to get excited. Although the returns of the Pacific No. 1 Fund are excellent, we have an even better Qinglong No. 1 Fund.
In December 2001, Hanhua's Qinglong No. 1 Fund raised US$1.5 billion. In the following period, it used five times leverage to leverage US$7.5 billion to invest in 7 companies.
After two years of development, these seven companies have achieved a total growth of 257.39%.
In other words, Qinglong No. 1 Private Equity Fund achieved net income of US$19.304 billion in two years, with a return on investment of 1286.75%.
Net income was US$15.057 billion, with a net return rate of 1003.8%. "
The key reason why Qinglong No. 1’s return on investment is so high is the low capital gains tax.
The two investments made by the hedge fund were less than one year old and were subject to a high short-term capital gains tax of 35%.
However, Qinglong No. 1 Fund has not been used for two years and only needs to pay 20% long-term capital gains tax.
Moreover, the Pacific One Fund spent too much money on soybean storage, transportation and acquisition, and the administrative costs were very high.
However, Qinglong No. 1 Fund’s expenditure in this area is very low, only a fraction of that of Pacific No. 1 Fund.
“In other words, any customer who invests in Qinglong No. 1 Fund can take away US$4.5 from Hanhua for every US$1 invested.
This is our current fund with the best return on investment. "
In reality, Qinglong No. 1 Fund is still not as good as Pacific No. 1 Fund. Although the former has a higher rate of return, it only took two years to obtain a rate of return at that time, compared with only one year for Pacific No. 1 Fund.
But Xu Liang hopes that everyone will focus on the Qinglong Fund, which needs to raise more funds, so it will naturally be highlighted.
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