my return 2002

Chapter 318 Into the Waves of the Times (seeking a monthly pass)
After returning from South Korea, Shen Lang did not invest in the company's affairs, but sold all the stocks, futures, and bonds on hand in exchange for 15 billion yuan in cash.

In 2007, this was undoubtedly a huge amount of money. In the Internet circle, there are definitely not many people who can personally own such a huge cash flow.

However, Shen Lang was not satisfied with this, he first approached Wu Ding from China Resources.

"How much, [-] million US dollars?" Wu Ding was taken aback by Shen Lang's move to borrow [-] million US dollars as soon as he opened his mouth.

Shen Lang repeated with firm eyes.

Wu Ding stared at Shen Lang for a while, and asked half suspiciously half jokingly: "You kid, don't you want to run away?"

Shen Lang spread his hands: "Mr. Wu thinks it is necessary for me to run away?"

Wu Ding thought so too, Shen Lang's career is booming now, and even if he wants to run away, so many assets cannot be transferred in a short time.

"Just kidding, but 2 million US dollars is not a small amount. You have to give me a reason, right? If it is used for company development, financing can be used." Wu Ding persuaded.

Shen Lang shrugged: "It's not for company development, but for personal investment."

"Personal investment? You... don't think so"

Before Wu Ding finished speaking, Shen Lang interrupted in a low voice: "Mr. Wu, don't worry, this money will not flow to the A-share market. My goal is the US financial market."

Wu Ding tapped the handle of the sofa with his fingers, fell into deep thought, and said after a long time: "Two hundred million dollars is too much, at most 1.5 million dollars, and you must pledge a certain amount of shares."

China Resources Finance has relevant financial services, which is why Shen Lang came to Wu Ding. Although he can borrow the money from the four major banks with his qualifications, the procedure is much more cumbersome.

"1.5 million is 1.5 million. I can pledge 30% of Mountain Dew Entertainment's shares." Shen Lang thought for a moment and agreed.

Wu Ding asked curiously: "What kind of medicine is sold in your gourd?"

Generally speaking, Wu Ding would not intervene in this kind of customer privacy issues, but this time Shen Lang's behavior is too abnormal. Over the years, Shen Lang has always been very stable in planning business routes, and it is inevitable that he suddenly borrows with such a big fanfare. Doubtful.

Shen Lang just smiled and didn't reveal it, because he knew that even if he told Wu Ding, he wouldn't believe it.

Seeing that Shen Lang refused to tell the truth, Wu Ding couldn't ask any more questions. The next step is business. Naturally, the loan must have interest, especially this kind of huge loan involving 1.5 million US dollars, which is based on one year , Shen Lang needs to pay 10% interest on the principal, which is 500 million US dollars, and if it is less than one year, it will be counted as one year.

Mountain Dew Entertainment's share value evaluation is also going smoothly. Among other things, the game business alone has an annual net profit of more than one billion yuan, and the value of 30% of the equity is far more than 1.5 million US dollars. Moreover, Mountain Dew Entertainment is not a listed company , there is no need to worry about stock price fluctuations, as long as there are no major changes in the business, there is no need to make up the difference.

Not only in China Resources, Shen Lang also conducted equity pledge loans in several other financial institutions, raising a total of 6.7 million U.S. dollars, plus the 1.8 million U.S. dollars he obtained after selling all stocks, futures, and securities on hand, He has a total of 8.5 million US dollars on hand.

What's more interesting is that Shen Lang's behavior of pledging shares on such a large scale has indeed caused quite a stir in the domestic financial and Internet circles.

All kinds of rumors were flying all over the sky for a while, some said that Shen Lang had offended a certain dignitary and had to run away.

Some said that Shen Lang was tired of fighting in the shopping malls, so he retreated bravely and planned to go to the United States to become a farmer.

Everyone spoke with a nose and eyes, and those who didn't know really thought that Shen Lang was going to run away.

Even many investors called him one after another to inquire about the situation, making Shen Lang dumbfounded.

This means that none of Shen Lang's companies are listed, otherwise this wave of rumors would cause the stock price to plummet.

Even Liu Tianxian and Liu Shishi called Shen Lang, their tone was full of panic and concern, Shen Lang comforted them for a long time before reassuring them.

In mid-June, Shen Lang embarked on a long-distance flight again, this time the destination was the United States on the other side of the ocean.

This trip to the United States was not a temporary idea, but Shen Lang's plan since last year.

Although the bubble of the subprime mortgage crisis in the United States was not burst until 08, it actually started to appear in 07. At the beginning of the year, HSBC Holdings added 18 billion US dollars of bad debt provision for the subprime mortgage business in the United States, the largest subprime mortgage in the United States. Countrywide Financial Corp, a high-end mortgage company, has reduced lending, and all signs are sending danger signals to the outside world.

However, the United States at this time is still obsessed with the beautiful vision of everything going well, and no one will care about these insignificant news.

Capital knows that there are huge risks, but in the face of huge profits, not only did not restrain at all, but continued to invest in it, blowing the balloon bigger and bigger.

And this is Shen Lang's opportunity.

"Boss, welcome to America again." Li Xuelin warmly gave Shen Lang a hug.

Looking at Li Xuelin's increasing weight, Shen Lang couldn't help worrying for him: "Isn't it time for you to exercise? If you continue like this, it will affect your health."

Li Xuelin sighed after hearing the words: "It's time to exercise. I used to think that the food in the United States made me fat, but I brought my wife in last year and ate at home every day, but I still gained weight."

Shen Lang scolded with a smile: "This time I will personally find you a devil fitness trainer, and I won't pay him unless I thin you into a lightning bolt!"

"Ah, don't you need it?" Li Xuelin's wailing resounded through the airport.

After getting in the car, Shen Lang rubbed his swollen eyes. This long-distance flight across the ocean was really exhausting. After a while, Shen Lang said to Li Xuelin.

"I've told you the purpose of my visit this time. Have you made an appointment with Bridgewater?"

Li Xuelin nodded solemnly: "I have already made an appointment to meet at ten o'clock tomorrow morning."

Shen Lang just nodded, didn't speak any more, and started to rest his eyes in the car.

Entering the hotel room that Li Xuelin had opened in advance, there was already a group of people waiting inside. Seeing Li Xuelin immediately stood up, Shen Lang waved at them.

"There is no need to say more polite words, let's start directly."

These people were all translators invited by Li Xuelin, telling them to do what Shen Lang said.

So, one by one, I started to pick up the reports of various American financial institutions and started to read. Shen Lang's spoken English is not bad, but reading such professional articles is almost meaningless, and American people's writing and reading habits It's also different. If you haven't lived in the United States for a while, it will be awkward to read.

Although Shen Lang knew that the bubble of the subprime mortgage crisis would be burst, it is still necessary to understand the US financial market. This time, in order to raise more funds, he pledged most of the shares on hand. If something goes wrong, the efforts of these years are basically in vain.

Therefore, Shen Lang had to act cautiously. What he knew was only some general trends. After all, he had no personal experience. At this time, there are still certain risks in investing in this historical tide.

It wasn't until ten o'clock in the evening that Shen Lang sent these translators away, and then lay down on the bed sullenly.

It was already eight o'clock in the morning the next day when I opened my eyes again. When Shen Lang appeared in the hotel restaurant, Li Xuelin was already waiting.

After the two had a quick bite to eat, they headed towards Wall Street.

As the richest financial center in the world, Wall Street has become a symbol of wealth. It is not an exaggeration to say that when Wall Street sneezes, the global financial market will catch a cold.

This place has also become a paradise for capital. Even an inconspicuous clerk on this street may hold an investment quota of hundreds of millions of dollars in his hands.

What is more interesting is that the headquarters of Bridgewater Fund is not on Wall Street. It is only a branch of Bridgewater Fund. In fact, before the subprime mortgage crisis in 08, Bridgewater Fund was not very famous.

It was not until the outbreak of the subprime mortgage crisis that Bridgewater became famous in one fell swoop. Among the Wall Street financial institutions that were about to go bankrupt due to losses, it became one of the few financial institutions that could buck the trend and make a lot of money.

Of course, unlike Shen Lang, who relies on foresight to steal chickens, Bridgewater Fund relies on strength. Generally speaking, the average lifespan of a hedge fund is only four years, but Bridgewater Fund can stand for 40 years If it does not fall, it can prove its ability.

Shen Lang and Li Xuelin were brought to a reception room by the front desk, and about 10 minutes later, a tall white old man walked in.

"Mr. Shen, Mr. Li, welcome. I'm Dalio." The old white man seemed very enthusiastic.

Shen Lang shook hands with the other party: "It is my honor to meet the founder of Bridgewater Fund."

After being seated, Dalio greeted: "Mr. Shen, I have heard about your deeds. Now many Wall Street investors are discussing when will you go to NASDAQ to ring the bell? I think your stocks will be very popular." popular."

Shen Lang looked very confident, and talked freely: "Of course, I will definitely come, and this day is not far away. The US stock market is the dream of Internet people all over the world, isn't it?"

Shen Lang has already practiced the trick of speaking human words when seeing people, and talking nonsense when he sees the devil. Li Xuelin can even see a trace of yearning from his expression.

Sure enough, Dalio had a good impression of Shen Lang when he heard the words: "That's right, this is the center of wealth in the world."

After the greetings, Dalio said seriously: "Mr. Shen, I heard that Mr. Li said that you came this time to entrust us with a certain amount of funds for operation?"

Shen Lang nodded: "Yes."

"Is it convenient to disclose the specific amount of this fund? You know, we will provide tailor-made services for every level of customers." Dalio spread his hands, implying that if the funds are too small, they are not interested .

"$8.5 million!"

As soon as the number came out, Dalio's face froze. He obviously didn't expect it to be such a large sum.

"you sure?"

Shen Lang spread his hands: "Of course."

A smile immediately filled Dalio's face: "Oh, Mr. Shen, you will be the most valued client of our Bridgewater Fund."

This kind of verbal "nobility" is too cheap, Shen Lang has no interest in listening to it, and interrupted directly.

"I believe that Bridgewater's promise will definitely give me such a distinguished client a percentage that can reflect my status. Mr. Dalio, are you right?"

The expression on Dalio's face was a little awkward. He found that the young Chinese man in front of him was not easy to deal with.

"Of course, of course"

"But before that, I would like to know, do you entrust us with full authority to operate this fund? Or do you already have an investment target?" Dalio tentatively asked.

Shen Lang sat up straight, stared into Dalio's eyes, and said word by word: "I want to short all financial derivatives related to mortgages, stocks, bonds, funds, insurance."

Dalio's heart shook, and he looked at Shen Lang in disbelief. At this moment, he no longer dared to underestimate the young Chinese man in front of him.

"Mr. Shen means, do you think the mortgage finance in the United States will collapse?"

Shen Lang shrugged: "Yes, that's what I think. Didn't Mr. Dalio realize that the real estate market in the United States is really weirdly hot? Homeless people on the roadside can buy houses with bank loans. Is that what a normal market should look like?"

Dalio was silent, and after a while he said to Shen Lang solemnly: "Okay, I respect your judgment and wish you good luck, let's talk about the cost."

"According to the routine operation of Bridgewater Fund, we generally charge customers a 5% handling fee. Since Mr. Shen is our most valued customer, we only charge a 4% handling fee."

Shen Lang shook his head firmly when he heard the words: "Up to 2%, this is an asset of 8.5 million US dollars, and it will grow rapidly with the bursting of the mortgage bubble in the United States."

Dalio argued rationally: "No, 3% is our bottom line. The mortgage bubble is just your guess, and it may not necessarily happen."

Shen Lang stood up directly, and said with regret on his face: "Well, since Mr. Dalio insists, it seems that I have no choice but to go to Goldman Sachs."

Goldman Sachs is also one of the few investment banks that profited from the subprime mortgage crisis in the United States, and its profits are much higher than that of Bridgewater Fund. The reason why Shen Lang did not choose Goldman Sachs is that this company has no bottom line, and the companies he cheated do not count. its number.

Dalio couldn't sit still when he heard that, he quickly stopped Shen Lang, and gritted his teeth.

"2.5% is already very low, we can't break the rules of Wall Street!"

Shen Lang said directly: "2.2% is my final offer."

"Well, Mr. Shen, you are really a shrewd businessman!" Dalio sighed, as if he had made a loss-making deal.

Shen Lang couldn't help complaining secretly, not to mention anything else, just the current 8.5 million funds, even a 2.2% commission is a huge sum of money, okay?

After the lawyer called by Li Xuelin inspected the contract and said there was no problem, Shen Lang signed his name on the contract.

Dalio asked: "When will Mr. Shen's funds be available? I can arrange a dedicated management team for you, and you can communicate with them at any time."

"It will be available in a week at the latest!"

"Then wish us a happy cooperation."

"Happy cooperation!"

　My friends, it's the last day. If you have a monthly pass, please vote for the duck egg, otherwise it will be wasted.

　　
　
(End of this chapter)