Riding the wind of rebirth
Chapter 1059 Total Assets and Museums
The stock market is always a market that tells stories. For example, a few good people in later generations claimed to have discovered room-temperature superconductors, which can trigger a wave of related market trends.
As soon as the lie was exposed, he immediately returned to his true self.
Many investors follow the trend. When they planned to carefully deploy Microsoft and IBM two years ago, they were indeed serious about raising funds at the beginning, which triggered a wave of technology stocks.
However, in the absence of actual performance support, such a market situation is short-lived. As an important free shareholder of two companies, AXA Fund certainly knows a lot of inside information.
What's more, Zhou Zhi at least knows that in this big market, those companies whose names will be known to him for generations to come are true.
Therefore, when the technology stock market reached a high level, AXA led a wave of reverse operations.
Nasdaq reacted very quickly and for a long time. American technology stocks suffered irrational panic selling within a year and a half.
Of course, this is related to the imperfection of the market itself, which has led to several good companies that were supported by new performance, such as IBM and Microsoft, to oversold.
Microsoft fell from a high of $140 to $120, and IBM was even worse, falling from $40 to more than $[-] before it found a real bottom at the ten-year moving average.
Not to mention the rest of the companies, they can only be described as corpses everywhere.
Zhou Zhi set the option expiration date in October this year. As a result, this year, with the successful sale of Pentium chips, the interview of WINNT operating system, IBM's launch of a new bus architecture, and the successful development of servers with INTEL's new chips, several big news came one after another. In the world, the bottom of American technology companies has finally come to an end and they have begun to re-enter the upward channel.
As for Li Laosan and Zhou Zhi, they had been eating too much in the past year and a half. They used AXA funds to absorb enough chips in the securities market where corpses were everywhere, just waiting for the bull market to start rising.
Li Laosan admired Zhou Zhi's vision to the extreme. During this wave of fund-raising, their fund pool basically acted as a reserve. Every day the stock market fell, they made a big profit. After a year and a half, they not only absorbed a lot of stocks, It even doubled its assets during the downturn.
Because they are playing derivatives, even if they operate conservatively, they will still get three times the profit.
At the high point two years ago, AXA's assets in the U.S. stock market were US$6000 million, and now they are approaching US$[-] million.
Of course, even with Zhou Zhi's golden finger, the two did not achieve a win-win record because they made a big mistake in their judgment of Oracle.
This stock has not yet been listed, but its original stock has actually made an independent move in the venture capital market.
AXA Fund previously held a large amount of Oracle chips, and originally wanted to get more bargains in this bear market. As a result, the prices of derivatives have been rising all the way, and they are reluctant to cut their hands to clear their positions, so they have to continue to increase investment.
Fortunately, Oracle was not a big deal, and Zhou Zhi and Li Laosan's profits were enough to support them.
Not only that, the two even "rescued" several funds that had original shares in Oracle.
It is to let these funds spin off the original shares of Oracle and sell them to them, and several funds can get cash to survive the severe winter.
The result of this is that AXA owns 15.00% of Oracle's shares and becomes a "non-voting shareholder" of this company.
As a shareholder, AXA now has very important seats in Microsoft, IBM, Oracle, and many American technology companies.
Things have become a bit delicate, so what Li Laosan and Zhou Zhi recently discussed was to transfer the registration place of AXA Fund from Hong Kong Island to the Cayman Islands.This is a wise choice.
It is closer to the U.S. financial market. In the context of the current capital outflow from Hong Kong Island, such a move can be said to be inconspicuous.
In a few years, Western markets may become more cautious and wary of capital coming from the Hong Kong financial market, which has changed its background, and monitoring will definitely become stricter.
But they will also continue to vigorously maintain the Cayman Islands' unique status as a financial freedom island.
In Li Laosan's words, this is like running on someone else's boat to chase the ocean current.
Li Laosan was the expert on these matters. Zhou Zhi only knew in his limited memory that this place was where many large companies, especially technology companies, engaged in tax avoidance. For the Chinese people in [-], this was indeed very advanced.
But this is definitely the right thing to do. After all, in a few years, there will be another financial crisis in Asia and even the world.
Only by going to a larger ocean can you enjoy a more magnificent scene.
There were also "outsiders" such as Fei Guan, Zhang Cheng, etc. at this table, and some words could not be explained very clearly. Zhou Zhi and Li Laosan spent a lot of effort to make Mr. Li understand that they had not lost much money in the past two years. .
Li Laosan is different from Li Laoer. After all, Li Laosan is a wage earner under the eaves of the Feng family, so Li Leshan cares more about him than Li Lehai.
After spending the past two years in the technology stock market, I am considered a stock god...
After talking about this matter, everyone talked about the operation method of the Three Gorges Fund, and Zhou Zhi took the opportunity to sell his idea.
Zhou Zhi means to use the existing resources of Shu University and establish a large university museum with donations from the fund.
First of all, Shu University is now preparing to join forces with West China to establish a much larger university than before, and then become the first batch of 211 key universities and receive strong support from the country.
Secondly, everyone here has had relatively in-depth contact with Shu University, and has become more familiar with each other. Whether it is the UNICODE organization, Heheng and Hongsheng, they have made generous donations to Shu University in the early stage, and the process and related People are no longer strangers to everyone.
The third is that with such a museum, the cultural relics rescued from the Three Gorges will have a proper storage place, and there will be a base for scientific research in the future.
The fourth is that it is quite close to the Three Gorges. Of course, although it is not as close as Yuzhou, Yuzhou has not yet been included in the municipal planning. Not to mention the lack of development momentum, the burden is still heavy. Among the various colleges and universities, there is no Shu University. The Department of Chinese Language and Literature and the Department of History are top major departments for the study of literature and history.
Shu University originally had its own museum, but although that museum had a lot of good things, its infrastructure was too shabby. It was better to call it a museum than a storage warehouse plus three or five exhibition rooms.
It's a bit embarrassing to say it.
And the fifth most important point is that the rescue fund will start its work in the future. It has a specific focus and a solid backing. It's like getting into the system with the background of a university. Many things will be done without success. With so many obstacles, it will become a matter of course.
Of course, speaking of this "fund office", it is also a good choice to set up this "fund office" at Wuhan University or the Hubei Provincial Museum. But for Zhou Zhi, of course, he must provide as much benefit as possible to his alma mater, and for the Li family , but it's "better to be mature than to be raw".
Moreover, after the establishment of the foundation, the most important thing is to be able to make a splash. Building a first-class university comprehensive museum in Shu University is definitely a big gimmick that can attract the attention of all walks of life!
As soon as the lie was exposed, he immediately returned to his true self.
Many investors follow the trend. When they planned to carefully deploy Microsoft and IBM two years ago, they were indeed serious about raising funds at the beginning, which triggered a wave of technology stocks.
However, in the absence of actual performance support, such a market situation is short-lived. As an important free shareholder of two companies, AXA Fund certainly knows a lot of inside information.
What's more, Zhou Zhi at least knows that in this big market, those companies whose names will be known to him for generations to come are true.
Therefore, when the technology stock market reached a high level, AXA led a wave of reverse operations.
Nasdaq reacted very quickly and for a long time. American technology stocks suffered irrational panic selling within a year and a half.
Of course, this is related to the imperfection of the market itself, which has led to several good companies that were supported by new performance, such as IBM and Microsoft, to oversold.
Microsoft fell from a high of $140 to $120, and IBM was even worse, falling from $40 to more than $[-] before it found a real bottom at the ten-year moving average.
Not to mention the rest of the companies, they can only be described as corpses everywhere.
Zhou Zhi set the option expiration date in October this year. As a result, this year, with the successful sale of Pentium chips, the interview of WINNT operating system, IBM's launch of a new bus architecture, and the successful development of servers with INTEL's new chips, several big news came one after another. In the world, the bottom of American technology companies has finally come to an end and they have begun to re-enter the upward channel.
As for Li Laosan and Zhou Zhi, they had been eating too much in the past year and a half. They used AXA funds to absorb enough chips in the securities market where corpses were everywhere, just waiting for the bull market to start rising.
Li Laosan admired Zhou Zhi's vision to the extreme. During this wave of fund-raising, their fund pool basically acted as a reserve. Every day the stock market fell, they made a big profit. After a year and a half, they not only absorbed a lot of stocks, It even doubled its assets during the downturn.
Because they are playing derivatives, even if they operate conservatively, they will still get three times the profit.
At the high point two years ago, AXA's assets in the U.S. stock market were US$6000 million, and now they are approaching US$[-] million.
Of course, even with Zhou Zhi's golden finger, the two did not achieve a win-win record because they made a big mistake in their judgment of Oracle.
This stock has not yet been listed, but its original stock has actually made an independent move in the venture capital market.
AXA Fund previously held a large amount of Oracle chips, and originally wanted to get more bargains in this bear market. As a result, the prices of derivatives have been rising all the way, and they are reluctant to cut their hands to clear their positions, so they have to continue to increase investment.
Fortunately, Oracle was not a big deal, and Zhou Zhi and Li Laosan's profits were enough to support them.
Not only that, the two even "rescued" several funds that had original shares in Oracle.
It is to let these funds spin off the original shares of Oracle and sell them to them, and several funds can get cash to survive the severe winter.
The result of this is that AXA owns 15.00% of Oracle's shares and becomes a "non-voting shareholder" of this company.
As a shareholder, AXA now has very important seats in Microsoft, IBM, Oracle, and many American technology companies.
Things have become a bit delicate, so what Li Laosan and Zhou Zhi recently discussed was to transfer the registration place of AXA Fund from Hong Kong Island to the Cayman Islands.This is a wise choice.
It is closer to the U.S. financial market. In the context of the current capital outflow from Hong Kong Island, such a move can be said to be inconspicuous.
In a few years, Western markets may become more cautious and wary of capital coming from the Hong Kong financial market, which has changed its background, and monitoring will definitely become stricter.
But they will also continue to vigorously maintain the Cayman Islands' unique status as a financial freedom island.
In Li Laosan's words, this is like running on someone else's boat to chase the ocean current.
Li Laosan was the expert on these matters. Zhou Zhi only knew in his limited memory that this place was where many large companies, especially technology companies, engaged in tax avoidance. For the Chinese people in [-], this was indeed very advanced.
But this is definitely the right thing to do. After all, in a few years, there will be another financial crisis in Asia and even the world.
Only by going to a larger ocean can you enjoy a more magnificent scene.
There were also "outsiders" such as Fei Guan, Zhang Cheng, etc. at this table, and some words could not be explained very clearly. Zhou Zhi and Li Laosan spent a lot of effort to make Mr. Li understand that they had not lost much money in the past two years. .
Li Laosan is different from Li Laoer. After all, Li Laosan is a wage earner under the eaves of the Feng family, so Li Leshan cares more about him than Li Lehai.
After spending the past two years in the technology stock market, I am considered a stock god...
After talking about this matter, everyone talked about the operation method of the Three Gorges Fund, and Zhou Zhi took the opportunity to sell his idea.
Zhou Zhi means to use the existing resources of Shu University and establish a large university museum with donations from the fund.
First of all, Shu University is now preparing to join forces with West China to establish a much larger university than before, and then become the first batch of 211 key universities and receive strong support from the country.
Secondly, everyone here has had relatively in-depth contact with Shu University, and has become more familiar with each other. Whether it is the UNICODE organization, Heheng and Hongsheng, they have made generous donations to Shu University in the early stage, and the process and related People are no longer strangers to everyone.
The third is that with such a museum, the cultural relics rescued from the Three Gorges will have a proper storage place, and there will be a base for scientific research in the future.
The fourth is that it is quite close to the Three Gorges. Of course, although it is not as close as Yuzhou, Yuzhou has not yet been included in the municipal planning. Not to mention the lack of development momentum, the burden is still heavy. Among the various colleges and universities, there is no Shu University. The Department of Chinese Language and Literature and the Department of History are top major departments for the study of literature and history.
Shu University originally had its own museum, but although that museum had a lot of good things, its infrastructure was too shabby. It was better to call it a museum than a storage warehouse plus three or five exhibition rooms.
It's a bit embarrassing to say it.
And the fifth most important point is that the rescue fund will start its work in the future. It has a specific focus and a solid backing. It's like getting into the system with the background of a university. Many things will be done without success. With so many obstacles, it will become a matter of course.
Of course, speaking of this "fund office", it is also a good choice to set up this "fund office" at Wuhan University or the Hubei Provincial Museum. But for Zhou Zhi, of course, he must provide as much benefit as possible to his alma mater, and for the Li family , but it's "better to be mature than to be raw".
Moreover, after the establishment of the foundation, the most important thing is to be able to make a splash. Building a first-class university comprehensive museum in Shu University is definitely a big gimmick that can attract the attention of all walks of life!
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