My Age of Investment

  Chapter 1565 Asset Reporting

He took the asset report handed over by Liu Hai with one hand, and after casually shaking his eyes a few times, Xia Jingxing's eyebrows gradually curled into a ball, but they soon relaxed again. He gently put down the document in his hand, and after cursing with a smile, he said, "Also It's okay, the decline is not too exaggerated, at least it's better than I expected, and this cash alone is enough to be named the richest man in the mainland."

  Liu Hai was in no mood to joke, so he shrugged and said, "But your main enemy is not in mainland China."

  The corners of Xia Jingxing's mouth curled up slightly, yes, the enemy is either a chaebol or a multinational corporation, and it is indeed not that easy to deal with.

Liu Hai picked up the document, pointed at it, and introduced it to Xia Jingxing column by column: "Look, the total cash reserve and short-term investment of Daxia Capital last year was as high as 31.4 billion U.S. dollars, but you quickly made a decision to invest in BOE 50 100 million US dollars, spent another 4 billion US dollars to acquire Pengcheng Development Bank, and then injected a total of 6 billion US dollars into Xinxin Group last year and this year...

  Before participating in domestic holdings D round financing spent nearly 1.3 billion U.S. dollars, bought a yacht as a decoration and spent 500 million U.S. dollars, and invested 500 million U.S. dollars in Chamas kid...

   There is also investment in the sports industry, which has successively acquired Liverpool, the Warriors and the Rams, and built new stadiums and arenas for them. If debts are not counted, it has cost more than 4 billion US dollars.

In addition, the Suiren lithography machine spent a total of 6 billion US dollars just to acquire the backward technology of Nikon and Canon. Later, it will continue to invest heavily in research and development to narrow the technological gap with ASML, and toss your domestic supply chain support plan. All of this costs money, and it is a long-term, bottomless investment. "

  Xia Jingxing watched with a smile as Liu Hai pointed out the "big money" he had spent in the past two years, without any response.

Liu Hai nagged for a while, his mouth was dry, he grabbed the mineral water on the table and took a big gulp, then eased his tone, and continued to remonstrate with earnestness: "The speed of spending money is too fast. Sufficient reserve funds must be left to deal with one, two, or even countless major wars and fierce battles that may occur next."

   "Okay, I understand all of this."

  Xia Jingxing waved his hand, pointed to the document and said, "Isn't there still 14.5 billion US dollars? Why are you so anxious?"

Liu Haiyun glanced at the document and sighed: "The biggest gains in the last two years are only the 10 billion US dollars you got from transferring 10% of Facebook shares to Christina, and the 1.584 billion US dollars you earned from participating in Facebook's long-short battle. With no other cash in my pocket, I'm worried..."

   "There will be a new entry soon."

"what?"

  Xia Jingxing smiled, "Did you forget? The Android matter should be officially put on the agenda."

   Liu Hai showed an expression of sudden realization, and then asked seriously: "Is it all in cash? It doesn't feel very cost-effective. It's better to exchange shares."

   "Let's see how to talk."

   Xia Jingxing was not very interested in talking about the matter that was still in the plan, so he took the initiative to skip this topic and asked about BOE.

   "I'm going to report this to you. BOE's 100 billion investment plan is not optimistic."

  Liu Hai frowned and said: "The panel market is turbulent, and Yizhou, Bangzi, and even Japan will not sit back and watch BOE's peaceful rise."

  Xia Jingxing's reaction was normal, "I know, that's why I launched the second 100 billion factory construction plan, the purpose is to crush all... um... other players except Samsung and LG."

   "But the local cities we work with don't see it that way. They have concerns and want to wait and see."

  Hearing this, Xia Jingxing became furious immediately, and raised his brows and said, "What else are they worried about? I'm willing to give a big shot, and they still choose to wait and see? Do you expect me to pay all the money by myself?"

  Looking at the angry Xia Jingxing, Liu Hai sighed helplessly. There were some things he couldn't say out loud, so as not to hit the boss.

  Actually, he didn't say anything, but Xia Jingxing also understood that BOE's development has entered a critical period, and it will be a smooth road to get through, but if it fails, who will bear the responsibility for the loss of hundreds of billions?

   It is also possible that some partner cities are satisfied with the current situation of BOE, and do not want to continue to take risks, or want to sit back and enjoy the benefits, and let him, the richest man, charge ahead.

  The one who counts as the richest man is the one who counts everyone.

  After thinking silently for a few minutes, Xia Jingxing felt his anger subside a bit, and said, "I understand their approach, but I absolutely don't support this kind of approach that is not "suitable to chase the poor".

  Yizhou and Japan’s panel industry is at its last breath, and we must work harder. "

   "What do you mean?" Liu Hai asked in amazement, "Could it be that we are all on top?"

  Under Liu Hai's unbelievable gaze, Xia Jingxing nodded slightly.

Liu Hai silently covered his forehead, with a look of lovelessness on his face, and finally persuaded him after a long while: "Panels, storage chips, chip foundries, lithography machines, there are more than 100 left in the hands of Daxia Capital. 100 million U.S. dollars is not enough to support so many fronts to fight at the same time, and it may not even be able to support this year."

  What Liu Hai said was all the truth. About this point, Xia Jingxing knew it very well, but he was even more aware of the importance of time and the industrial chain.

   It's not that he is aggressive by nature, but that he has no choice!

After bowing his head and thinking for a moment, Xia Jingxing suddenly raised his head, and said with firm eyes, "Arrange Daxia Capital to pledge all Facebook shares, and let them also inform them to pledge all the Facebook shares they hold on their behalf. Pledge, and then lend us the obtained funds.

  Vision Capital also communicated, and pledged the Facebook equity corresponding to my personal fund share, and then lent it to Daxia Capital.

  I hold more than 15% of Facebook shares in total, corresponding to a market value of more than 30 billion US dollars, and I should be able to get more than 100 or even 20 billion available funds.

  There is also Vision Capital’s 100 billion-scale hedge fund. If we liquidate it in advance, we can get a profit share of 2.7 billion to 8 billion U.S. dollars. "

  Liu Hai quickly calculated, "One hundred and forty-five, plus two hundred, plus two hundred and seventy, eighty, there are probably more than 60 billion U.S. dollars in available funds."

  Xia Jingxing asked with a smile, "Is that enough?"

   "This year is definitely enough, but in the long run, if you want to achieve a series of goals in your mind, the funding gap may be as high as hundreds of billions of dollars!"

  Xia Jingxing tapped his fingers on the table, "I still have shares in Fuxing Industry, Overseas Holdings, and Oil Pipeline that can be pledged."

   "None of these companies are listed, so it's not easy to operate." Liu Hai poured cold water on them.

   "Envision Financial Holdings?" Xia Jingxing said again.

  “They are saddled with more than $20 billion in M&A debt, and their valuations and net assets have not improved much.”

   "Android?"

   "It will be sold soon."

   "Tesla?"

   "Its stock price has recently fallen below last year's listing price, and its market value of only a dozen or two billion dollars is not of much help."

  Xia Jingxing leaned back on the soft sofa, thought for a while and said, "I still have a sum of money in Vision Capital's VC fund and S fund."

  "The vast majority of those funds invest in unlisted companies, and they cannot gather funds in the short term."

  …

  The two asked questions and answered, and quickly sorted out the current development of Xia Jinghang's various industrial sectors.

In the short term, Xia Jingxing's funds or assets that can be quickly mobilized are really only more than 60 billion US dollars. Many other assets belong to the equity of unlisted companies, or the equity of companies with huge debts, all of which cannot be squeezed out. Come out with two taels of oil.

  After careful weighing in his heart, Xia Jingxing soon made a final decision: "Originally, we were going to liquidate a few hedge funds to scare the Yankees, so let's just make a fake show and liquidate them all."

   Liu Hai frowned and said, "Shouldn't we pledge Facebook equity first?"

   "No, the movement of pledged equity is too big, let's talk about it later, and liquidate the fund first."

  Xia Jingxing took a deep look at Liu Hai, "Didn't you say that those Yankees are playing tricks?"

   "The liquidation of the fund is also a big move?" Liu Hai asked.

  Xia Jingxing smiled and said, "I just want to make more noise, to remind our American friends, and take Mubadala and Temasek into the car by the way.

   Didn’t they dislike the prospect of the decline in the rate of return on capital, and the fees are too high? Then give them a chance to get off. "

   "Will it be self-defeating?"

   Liu Hai was a little worried, fearing that Xia Jingxing's actions would become a kind of provocation and demonstration in the eyes of some American dignitaries. After all, it is necessary to make money in the US market, so it is not good to offend these local snakes too much.

  Xia Jingxing waved his hand, "Don't worry, after all these years of contact, I know them too well. When Madoff promised an annual rate of return of ten points, a lot of people jumped into the trap.

  We have several times a year... Well, now that the fund management scale is large, there is still an annual rate of return of more than 30%, which is by no means unattractive.

  In addition, Vision Capital has liquidated funds on a large scale twice in the past, and this is the third time, so the principal and interest are quite guaranteed.

  Such a good way to make money, only a fool would jump out of the car. "

"Hunger marketing?"

  Xia Jingxing chuckled, "Well, I'm not so obsessed with pursuing asset management scale in the past. Maintaining a fund size of 30 to 40 billion yuan is not only easy to operate, but also allows the fund shares to be traded. It can be regarded as killing two birds with one stone."

Liu Hai didn't say a word, and was still thinking about it seriously, but Xia Jingxing seemed to be unable to wait any longer, and directly ordered: "Just inform Jiang Ping and the others when you get off the plane, I will see the first share of the share enter Daxia's capital account next month .

  As you just said, we need a large and safe cash reserve right now, and we cannot put ourselves in a dangerous situation. "

  Xia Jingxing had already talked about this point, Liu Hai had nothing else to say, he had no objections at all, and nodded, expressing that he would execute it immediately.

   The new crown is finally healed, and the update will be resumed today, and we will strive for two updates tomorrow. I would like to say sorry to the book friends who are still waiting. I wish you all a happy new year and good health!

  (end of this chapter)