My Age of Investment

  Chapter 1056 Driving and making calls (thanks to book friend Xichen for the reward)

  "Dalun, you are a recognized genius in the financial world. Please help me figure out how to get through this level?

  This Hong Kong stock is simply toxic!

  Ari released the 2007 full-year financial report a few days ago. Revenue increased by 58.6% year-on-year, and net profit increased by 340% year-on-year.

  It stands to reason that for such a good-looking financial report, the stock price should not be said to have risen sharply, at least it has to rise a few points, right?

  As a result, Temo’s Ari plummeted 22%, and its stock price dropped to 12 Hong Kong dollars, which directly fell below the issue price of 13.5 Hong Kong dollars.

  And even more annoying, this big drop is still based on the fact that the Hang Seng Index rose by more than 300 points that day! What irony! Do you think Hong Kong Island investors have any misunderstandings about our mainland companies? "

Xia Jingxing held the mobile phone in one hand, listening quietly to Ma Yun’s complaints and complaints, while the other hand gently stroked Ivanka’s blonde hair who was kneeling under the desk, while driving and making calls, truly doing his job. Life is right.

   "Lao Ma, you have been worrying too much. I think that the mainland Internet stocks collectively fell that day. Penguin had no choice but to lose more than Ari's performance. It also fell by more than 10%, and the stock price fell to 38.8 Hong Kong dollars."

  Speaking of this, Xia Jingxing couldn't help feeling a burst of joy for his early departure.

  A few months ago, Envision Capital transferred more than 200 million Penguin shares to Xiaoma and management, IDG, Legend Capital, Hony Capital, and Li Er Gongzi at a price of 60 Hong Kong dollars.

  The group of people has held it up to now, and it hasn’t lost much, only about 5 billion Hong Kong dollars.

  IDG, Second Young Master Li and Penguin reconnected, Xia Jingxing guessed that they must be very grateful for their accomplishments.

  Xia Jingxing is also very grateful to them, especially Li Er Gongzi.

  Because in the second wave of short selling operations, Envision Capital invested US$40 billion in the United States and US$20 billion in Europe, which has exhausted all funds except for the reserve funds.

   Seeing that there is no money to go to the airport stocks, fortunately, he still holds the 13.7 billion Hong Kong dollars in exchange for selling Penguin shares. After adding three times the leverage, the 40 billion Hong Kong dollars all went to Hong Kong stocks.

  As a special thanks to the second son of Li, Huanghe Industry, Liji Huangpu and other Li family industries have become the major targets of Vision Capital.

  Using the money of the Li family to invest (short) the Li family, Xia Jingxing did not feel that there was anything wrong, because he had always adhered to his investment philosophy, taking it from foreigners, and using it for foreigners-"Xia Jingxing · Jundao".

   "Sizzle~"

  Xia Jingxing took a breath, and looked down, she saw that Ivanka’s professional suit had been thrown aside by her, and she was speeding up the cleaning work.

  She smiled slyly at Xia Jingxing, and then continued to work.

  Xia Jingxing wanted to tell her not to work so hard, because the work can be completed slowly.

   can't be stopped, so I have to let it go.

  Ma Yun sighed over the phone: "I know that this time not only Ari suffered, but also not only the Hong Kong-listed Internet stocks plummeting, even the US-listed Chinese concept stocks have generally fallen sharply.

  Focus Media fell more severely than us, down 26.59%, Sina and NetEase also fell more than 10%.

  Hey, having said that, I know that I know it, but as long as I think of the market value of 150 billion Hong Kong dollars, it will be wiped out, and my liver hurts! "

  Xia Jingxing laughed out while cooperating with Ivanka's work.

  Ari's peak market value is more than 200 billion Hong Kong dollars. At this time, it is only more than 60 billion Hong Kong dollars, which is indeed an exaggeration.

  If it weren’t for knowing that Ari will regain his glory, he, as the largest shareholder, would also have a liver pain!

  Yes, he is now the largest individual shareholder of Ari.

  After penetrating funds and equity, the two major holding platforms of Envision Capital and Facebook together hold 44% of Ari’s equity, of which 17% belong to him, more than twice as much as the founder of Jack Ma.

"Short-term fluctuations in market value are actually just trivial things, I can accept it, but Darren, have you ever thought about it? In order to acquire Yahoo’s equity in Ari, our management and Vision Capital chose to pledge a portion of the equity to Goldman Sachs and Morgan Stanley. , In exchange for acquisition loans.

  Now that Ari’s stock price has plummeted, Goldman Sachs and Morgan Stanley will continue to ask us to cover positions.

   By the way, Dai Lun, did the two major investment banks ask you to cover your position? "

   "Of course I called. Ari's stock price fell below the 15 Hong Kong dollar warning line and needed to cover the position. I have already made up 150 million shares."

Xia Jingxing said in a nonchalant tone, because he had already prepared to cover up the position. As long as Ari's stock price does not fall below HK$6, he does not need to use cash to cover up the position. He only needs to pledge more stocks to the two big companies. Investment bank can.

  "Dalun, now Ari’s stock price is still safe, but next month, Ari will usher in a 180-day ban on listing, and the first batch of 160 million shares will be lifted.

  I am worried that there will be a sell-off, in case Ahri’s stock price drops to single digits.

  Our two shares were also forcibly liquidated by investment banks, and the control of Ari listed company will change.

  Of course, this is just an assumption for me.

  But you are an expert in finance, I want to hear if you have any good suggestions. "

  Hearing this, Xia Jingxing finally understood it, and said so much, she was worried that her stock would be liquidated!

   But what Ma Yun said was very interesting, one mouthful of "we", the words are very interesting.

  Vision Capital will be liquidated? What an international joke!

  Xia Jingxing maintained a confident and calm smile on her face.

  Because at this moment, Envision Capital’s reserve account still has a full US$13 billion in cash, of which US$9 billion comes from multiple funds under Envision Capital, and another US$4 billion is Xia Jinghang’s loan in exchange for the pledge of equity in Facebook and YouTube.

  This is his confidence against all risks!

  Including the bank's advance loan, margin call, and position cover, etc., all factors have been taken into consideration.

  The loan was originally 5 billion U.S. dollars, and then 1 billion U.S. dollars was invested to Renaissance Industry Group.

  This is equivalent to Xia Jingxing’s personal left-handed and right-handed, without using a hedge fund that mixes other people’s funds.

   "Old horse, I suggest you be mentally prepared, because the situation you mentioned is not impossible."

  Ma Yun on the other end of the phone was stunned for a few seconds, this is not a routine card!

  Aren’t you supposed to say “I’ll take care of the big deal?”

  According to Ma Yun’s understanding of Xia Jingxing, the other party has always been very interested in Ari’s equity. Even if it is only the stock of Ari’s listed subsidiary, if there is an acquisition opportunity, the other party will definitely not miss it.

According to Jack Ma's idea, if the stock price behind Ari is still falling, in order to ensure that he does not liquidate his position, Xia Jingxing really needs to take the 160 million shares that have been lifted, or let him circulate in the market and hit the market. I'm afraid it will hit the floor price!

  These stocks are only the stocks of Ari's listed subsidiaries and will not have much impact on the control of Ari Group, so Jack Ma does not have too many taboos.

   was silent for a while, and Jack Ma stopped being clever, and proactively said: "Dalun, when the stock ban is lifted, you may need your help."

  Xia Jingxing heard the extraneous words of Ma Yun early, but he deliberately didn't reveal it.

  Ask someone to do something with an attitude of asking someone to do something, how can you let the helper take the initiative to speak up?

   And Xia Jingxing is not very optimistic about these 160 million shares, which accounted for about 3% of the shareholding ratio of listed companies.

  When the market is delisted, the assets will be merged into Ari’s parent company. It is estimated that this part of the shareholding will only be diluted by less than 1%.

  From the perspective of rate of return, the investment value is not very high.

  So, Xia Jingxing intends to be a good friend, smiled and replied: "Vision Capital's shareholding ratio is too high, and it will be boring to increase its holdings, but I can introduce you to an investment institution with a deep background, and you are satisfied."

  Ma Yun reacted quickly and blurted out: "Is China Investment Group?"

  Xia Jingxing laughed, "The answer is correct, how about it, is this shareholder satisfied?"

  Ma Yun was naturally satisfied with 10,000 in his heart, and kept thanking him on the phone.

  However, Xia Jingxing always likes two, three, four...birds with one stone.

  Introducing China Investment Corporation to support Jack Ma. In addition to ensuring that Ari's smooth development and benefiting his major shareholder, he also has a new idea.

  The Alipay incident and online payment licenses are all major hidden dangers that may erupt in the future.

  He decided to completely solve this hidden danger, and just took advantage of the opportunity of investing in shares to carry out the show.

  Of course, changing the bank still requires the old horse to be in front. Haipay has small arms and legs, just follow Alipay and get the second payment license.

  As long as Ari can obtain a license through CIC, the domestic holding group, which also has indirect shares held by CIC, cannot get it.

  Let Ma Yun thunder in front, and do some offensive things. Hainei Holding will follow behind and pick the ready-made ones.

  Anyway, Jack Ma has a big mouth and likes to show the limelight.

  He and Hainei Holdings don’t need to be in the limelight. Making a fortune in silence is also his investment philosophy.

  Ma Yun hung up the phone with anticipation of the new shareholders, and at the same time he changed many views on Xia Jingxing again.

  The last time we divided up Yahoo’s shares in Ari, Xia Jingxing did not forget him and the management, and he had a shared spirit.

  This time, I am even going to bring the giant Buddha of CIC for Ari! Let Ahri also have a backing!

  Where can I find such a good investor! Ma Yun sighed.

  Xia Jingxing hung up the phone in a hurry, then he stood up and shook his body, and then let out a long sigh of relief, feeling that his whole body was transparent.

  Ivanka, dressed as a maid, finally stood up after eating and drinking. She first gave Xia Jingxing a white look, and then began to clean up.

  　 added a chapter for book friend Xichen, and owes nine chapters to the leader of the pear blossoms.

  (End of this chapter)