My 1999

Because it is not the tax season yet, the more than 60 billion US dollars will remain in Hanhua's account until April next year.

This money, plus the 30 billion principal of the second phase fund, has a total of 94.13 billion US dollars of huge capital.

The investment direction is still oil, gold, iron ore, etc., including corporate bonds of high-tech enterprises.

It just so happens that the current oil futures price has been hit by the International Energy Agency's 2 million tons of crude oil reserves per day.

It is the right time to buy at a low point.

Xu Liang knows the future of oil prices better than anyone else.

Before shale oil technology matures, oil prices will only rise and not fall.

The same is true for gold.

Of course, the leverage will not be too high.

After all, the financing cost is too high now.

The 30 billion US dollars of Pacific Phase III is also divided into three funds, 7, 8, and 9, but the investment direction of these three funds is the money market.

Originally, he didn't want to invest in this area.

But in the first half of this year, the soaring federal funds rate in the United States gave him inspiration.

In order to curb the overheating of the economy, especially the rapid growth of the real estate market, the Federal Reserve has raised the federal funds rate from 1% to 3% in just half a year.

But this is obviously not the end.

If the subprime mortgage crisis had not broken out, the federal funds rate would not have fallen.

And the increase in the federal funds rate will bring a series of impacts.

In addition to the increase in financing costs, the return rate of US Treasury bonds, deposits and loans will also rise.

This is a huge market.

Originally, he planned to withdraw part of the funds from Pacific Phase I for investment.

Now that there is Pacific Phase III, there is no need for that.

"We can also invest in agricultural product futures, which is a big market." Jiang Xiaoyang said.

Xu Liang shook his head after a little thought.

"Agricultural product futures are too affected by giant Western agricultural companies, especially the four major grain traders. We don't have enough supply, and rushing in is to deliver meat to them.

Eat whenever you want."

In the soybean futures duel in 2003, although he won in the end.

But the reason for his victory was that he stood in the same camp with the four major grain traders.

And he had the advantage of foresight.

If it happens again, it would be a gamble of life.

The Tenglong Project is enough once. If there is a choice, he doesn't want to do it again.

He is rich enough, and he wants to be more stable in the future.

"Is the leverage of 1:100 too high?"

"The currency market is like this, the leverage is very high. The key is that the exchange rate fluctuation is not as large as energy and minerals. If the leverage is small, you can basically not make any money."

It is very rare for the exchange rate to drop by 1%.

Usually, the fluctuation is basically a few basis points or a dozen basis points.

If Xu Liang didn't know that the Federal Reserve would continue to raise the federal funds rate, he would not invest in the currency market.

Jiang Xiaoyang nodded slowly.

Then he sighed.

"Every time I see you add leverage to enter the futures market, I can't help but feel nervous, for fear of accidents.

Especially this Tenglong Project, if it wasn't for Hurricane Katrina, it might not be certain who would win or lose in the end."

Xu Liang smiled and said, "I won in the end."

Although he said so, he also knew that if there was no Hurricane Katrina, he would have a higher chance of losing.

Old Soros has been in the financial market for a lifetime, and his network of contacts far exceeds his own.

He can attract large financial institutions such as JP Morgan, Citigroup, and Ruihui Financial.

He can only rely on Hanhua Pacific Fund to resist.

But no matter what, he is still luckier.

Rolling his eyes at him, Jiang Xiaoyang said unhappily: "If the same thing happens a few more times, I will have a heart attack."

"Haha, don't worry. Our wealth is getting richer and richer, and this kind of thing will only become less and less."

"You make it easy. Don't forget, I also studied in the United States, and I know what those people think.

They lost this time, but if they have a chance, they will definitely come back.

By then, they will be more prepared.

It will be more difficult to win again." Jiang Xiaoyang said worriedly.

Holding her slender waist, Xu Liang smiled.

"The business world is like a battlefield. If we want to go higher, we will inevitably attract more troubles. It is impossible to avoid it completely.

So, instead of shrinking back, it is better to face the difficulties."

The beautiful woman leaned her head on his shoulder and said faintly.

"Sometimes I can't help thinking, it would be great if you weren't so successful, we wouldn't have to face so many difficulties, and life would be calmer."

"Xiaoyang, if I didn't have my current career, I'm afraid you wouldn't marry me."

The beauty was shocked and didn't say anything.

As the top third generation of the red family.

She must marry someone of equal status.

Even if Xu Liang was just the founder of an ordinary large group, he might not be in the eyes of the Jiang family.

Their being together must be based on Xu Liang's success beyond ordinary people.

And with her high-minded view of choosing a spouse, if Xu Liang was just an ordinary small boss, she wouldn't take him seriously.

Embroidered with the fragrance of the beauty's hair, Xu Liang smiled with determination.

"Now we can't turn back, we can only move forward courageously. I believe that as long as we support each other, Hanhua's glory will never fall."

"Yeah."

Jiang Xiaoyang subconsciously leaned into his arms.

——

On October 17, 2005, Australia's Fortescue Metals Group (FMG) acquired all of Unocal's assets, except for the Atug Pipeline, for $17.7 billion.

FMG, which is currently investing in the construction of mining areas and freight terminals, certainly cannot come up with $17.7 billion.

So Hongyan took out a loan.

Fortescue Metals Group used the earnings of the next 10 years as collateral and obtained a loan of $17 billion from Hongyan with an annual interest rate of 9.4%.

In addition, Hongyan donated $700 million to the "Xu Family Trust No. 8".

Then Trust No. 8 used the $700 million to inject capital into Fortescue Metals Group, increasing its original 55% stake to 69.5%.

After this complicated operation.

Fortescue Metals Group and Unocal Oil Company completed the integration.

After the merger, the new group's headquarters was set in Sydney, Australia, and was renamed "Unocal Resources Group", or "Unocal" for short.

Compared with the unknown newcomer Fortescue Metals Group, Unocal, which was founded in 1880 and has been glorious for more than a century, undoubtedly has a higher reputation.

The newly born Unocal Resources Group has also become a rising star in the international energy and mining fields.

It has 1.76 billion barrels of oil and gas reserves in Southeast Asia, the Gulf of Mexico and the Caspian Sea, and is exploring for more than 1 billion barrels of unregistered natural gas reserves.

Among them, the most valuable is the natural gas field off the coast of Myanmar, with reserves of more than 140 billion cubic meters.

Unocal owns 49% of the equity.

In order to develop these natural gases, Unocal invested nearly US$1.2 billion in 2000 to build the "Myanmar-Thailand Oil Pipeline" from Myanmar to Thailand.

In addition, it operates 5 natural gas power plants in Indonesia, the Philippines and Thailand, with a total installed capacity of 1,537 megawatts.

In terms of oil, gas and energy, Unocal Resources Group has total assets of US$21.8 billion and a net profit of US$1.54 billion.

It produces 160,000 barrels of oil and 49.43 million cubic meters of natural gas per day.

In addition, Unocal Resources Group has a 50,000 square kilometer exploration area in the Pilbara region of Australia, and has discovered and possessed 4.5 billion tons of iron ore resources in less than 15% of the area.

That is to say, there may be more iron ore buried in the 85% of the exploration area that has not yet been explored.

At the current price of iron ore of about US$60 per ton, Unocal's iron ore is worth US$270 billion.

Of course, this is just paper value.

Not all iron ores are worth developing.

Even so, with its huge reserves, Unocal Resources Group has the qualifications to become a world-class iron ore giant.

However, a lot of investment is needed to develop these resources.

The construction of Herb Elliott Port, the 260-kilometer railway from the port to the Broken Cloud Mine, as well as heavy-duty trucks, heavy-duty dump trucks, etc.

Only after completing this series of construction can iron ore be truly turned into US dollars.

Although there are still various restrictions, at least a bright future is beckoning.

In order to adapt to the surge in revenue and assets brought about by the acquisition of Unocal.

Unocal Resources Group split its stock, with one share becoming four shares.

However, because Unocal Resources Group's debt was too high, including Unocal Oil's original debt, it was nearly $20 billion.

So the market did not give a very high offer.

The new Unocal Resources Group's market value barely exceeded $12 billion.

So far, Xu Liang finally had a mining giant with global influence under his command.

Just as Xu Liang was busy integrating the two companies.

The influence of this merger and acquisition also continued to spread around.

Dongdong...

There was a knock on the door.

"Come in."

Zhao Guoan pushed open the door, glanced at the boss's expression, and walked in lightly.

"Mr. Li."

Li Hongwei put down his pen, "What's wrong?"

Zhao Guoan quickly handed over the documents in his hand.

"They responded to the fax we sent to Hongyan. They said that Unocal Oil can be sold to us, but the premise is that we take out $23 billion in cash or $25 billion worth of equity."

Li Hongwei was instantly angry.

"23 billion dollars in cash? 25 billion dollars in equity? Is he treating us like a fool?"

"Mr. Li, I don't think Xu Liang intends to sell Unocal to us. He deliberately set a high price to make us give up."

Li Hongwei took a deep breath. He thought so too.

"Please help me call the president's office of Hongyan and tell them that I want to see Xu Liang."

"I'll go right away."