Reborn in Hong Kong as a Tycoon

Chapter 662 Profit, bachelor party (two in one)

After the working day came, Lin Baicheng entered the working state.

Lin Baicheng's companies in the United States are located in three places: Los Angeles, New York and Silicon Valley.

Among them, New Century Software Company, Starlight Company, Morningstar Pictures, Venus TV Company, and Galaxy Game Branch are located in Los Angeles; Golden Fleece Company, Marvel Comics Company, Pioneer Technology Venture Capital Company are located in New York; Galaxy Semiconductor, Microsoft Corporation, Microsoft and New Shiwei Software, a joint venture of Century Software, is located in Silicon Valley.

Although the current office location of Sun Electronics Communications is in Los Angeles, the company has already purchased a piece of land in Silicon Valley, and is currently building its headquarters and R&D laboratories. After completing the acquisition negotiations with Bell Labs, even the office location Move to Silicon Valley.

Companies such as Sun Electronics Communications and Galaxy Semiconductor moved to Silicon Valley mainly for the convenience of recruiting talents. R&D companies have a relatively high demand for talents.

For the first four days of this week, Lin Baicheng stayed in Los Angeles, went to work in various companies, handled official business, and inspected various companies.

As of Thursday, Vivien Kelly’s oil futures long orders were all closed, because Lin Baicheng let her start to close the relationship above 30 US dollars per barrel this time, so the remaining 10 billion long orders made a profit Quite abundant.

US$13.1 per barrel, which is the cost price, and the average price of closing long orders is US$32.4 per barrel, an increase of 147.33%, and a profit of US$14.733 billion.

Of course, this cannot be the net profit of the Golden Fleece Company. After deducting the interest on leveraged financing, taxes, handling fees, and bonuses for the entire operating team, these profits are finally the profits of the Golden Fleece Company.

For a long order of US$10 billion, US$3.8 million belongs to the principal of Golden Fleece, and the remaining US$6.2 million is leveraged financing. The time when the financing started was around mid-August last year, a little over seven months ago .

Therefore, the interest of leveraged financing is nearly 3300 million U.S. dollars, and after deducting the handling fee, the remaining profit is 14.4 billion U.S. dollars.

Next is the big tax amount. Among the remaining long orders this time, 5 million U.S. dollars of long orders did not use offshore company accounts, but opened accounts in the United States, so the tax amount will be relatively high.

The reason for doing this is mainly to avoid being reported, because it is easy to find out that the Golden Fleece Company is long on oil futures. If all offshore companies are used, although there is no legal problem, they basically do not pay taxes, which is likely to cause the IRS (IRS) attention, easy to be targeted by the IRS.

Therefore, under the suggestion of Vivien Kelly, among the long orders that were opened at the beginning, the long orders of US$5 million were opened in China.

Although it is only a $5 million order, the tax to be paid is as high as $1.72 million. The local tax is so high, which is why so many financial institutions like to open accounts with overseas offshore companies.

Of course, the tax amount of 1.72 million U.S. dollars does not have to be paid in full, and it can be deducted. In the end, a little more than 40% of the tax amount will be returned, which is about 7000 million U.S. dollars.

Of course, the 7000 million US dollars is not a cash refund to the Golden Fleece Company, but the Golden Fleece Company’s tax avoidance through consumption, investment, etc., and these taxes will be hung in the name of the Golden Fleece Company.

Lin Baicheng will transfer the remaining US$12.68 billion in cash after tax deduction, US$11 billion, and the remaining US$1.68 million in cash and US$7000 million in taxes will be kept in Golden Fleece for investment operations .

Counting the $1.68 million in cash and the $7000 million in tax rebates, Golden Fleece’s current operable capital has reached nearly $[-] million. If the book profits of stocks, bonds and other investments are counted, the total assets of Golden Fleece have reached Well over a billion dollars.

The Golden Fleece Company is located on Wall Street, and this is the United States. Lin Baicheng will not let this company own too many assets, otherwise he will not withdraw 11 billion US dollars in cash.After the company's assets reached billions of dollars, he would take part of the company's funds.

In this way, even if an accident happens to the Golden Fleece Company one day, Lin Baicheng's losses will be limited, and he will not be caught in the same pot.

Of course, in this way, Lin Baicheng is not without losses. The less the principal invested, the less return he will get.But this is also something that can't be helped. Compared with more returns, safety is obviously more important.

The same is the long position of oil futures, but the long position at Galaxy Bank has not been fully liquidated. It has only closed down nearly 35% so far, and a little more than [-]% of the long position has not been liquidated.Fortunately, today's oil price has not yet reached the height of [-] US dollars per barrel, Yuan Tianfan still has time.

What's more, even if the oil price suddenly reversed and plummeted, Lin Baicheng had no loss. After all, it was more than double the profit, and the remaining [-]% ​​of the position could not affect his profit at all. It was nothing more than earning more and earning less. That's all.

On the Golden Fleece Company, after liquidating all long oil futures orders, it also helped to operate Hutchison Whampoa's gold futures short orders. The price of gold has now fallen to around $500 per ounce.

On Monday, the price of gold fell below $500 per ounce, but it rebounded that day, and it rose sharply in the next three trading days. After the market closed on Thursday, it even rebounded to above $540 per ounce.

The price of gold fell from more than 900 US dollars to below 500 US dollars, almost cut in half, and then rebounded quickly. Vivien Kelly and others believe that the price of [-] US dollars per ounce is the support price for bulls to resist. In the absence of sudden positive and negative conditions , the price of gold is likely to fluctuate around this price.

Lin Baicheng didn't know where the gold price would fall in the short term, but he knew that the price of gold was not high in the 90s and 500s, and remained below $[-] per ounce for a long time. The batch of short orders from Hutchison Whampoa would not lose money.

However, this time Hutchison Whampoa will not hold the empty orders all the time, because Lin Baicheng is reducing his holdings of Hutchison Whampoa shares. In addition to the benefit of Hutchison Whampoa's acquisition of Bentley Motors, he also needs the benefit of investing in profits.

Hutchison Whampoa’s short order funds for this operation are 8 million US dollars, and the cost price is 761 US dollars. If the price is equalized at around 500 US dollars, the profit will exceed 50%. Let Hutchison Whampoa's somewhat sluggish stock price rebound slightly.

As the stock price of Hutchison Whampoa rebounded, Lin Baicheng could reduce his holdings more smoothly.

Regarding the time to close those empty orders of Hutchison Whampoa, Lin Baicheng asked Vivien Kelly to observe again. Once it is confirmed that the bulls are relatively strong at the price of 500 US dollars per ounce and cannot fall any further, then they will close the empty orders and make a profit. Finished.

In addition to work matters, Lin Baicheng asked Lin Qingxia to play several times alone because he was in Los Angeles.Lin Qingxia didn't refuse, but if you want to say how much progress the two have made, they can only say that it's okay.

……

Today is Thursday, January 3.

Tomorrow is the day of Phil Smith's wedding. In the United States, a country where everything can be less, except for parties, Phil Smith held a pre-wedding bachelor party that night.

Tonight's bachelor party, as the name suggests, is Phil Smith's farewell to being single, so all the male friends who are invited tonight are Phil Smith's male friends.

Like Phil Smith, the woman Anna Nord will also hold a bachelor party tonight, and all her female friends will be invited.

Tonight, Phil Smith and Anna Nord can play crazy, but after tonight, they will be the husband and wife of the Gu family.

At least on the surface.

Lin Baicheng knew all this from Phil Smith when he received the invitation to the party. Otherwise, he didn't know that couples in the United States still have the tradition of holding bachelor parties before they get married.

Lin Baicheng attended the pre-wedding bachelor party held by Phil Smith.

"Alan, you are here."

It was Logan Rockefeller who greeted Lin Baicheng.

"Logan, I haven't seen you for a while, are you done with your work?"

Lin Baicheng shook hands with Logan Rockefeller.

Logan Rockefeller said: "Not yet, but tomorrow is Smith's wedding day, and I will definitely come back to attend."

Nodding his head, Lin Baicheng looked around: "Why didn't you see Smith?"

"He was talking about business with a friend, and he came down after a while."

It was Claure Rockefeller who answered aloud.

Lin Baicheng said: "Speaking of business, I have an investment here. I wonder if you are interested in Claure?"

"Invest in what?"

Claure Rockefeller hurriedly asked.

"I want to form a TV network, and I have found a candidate for president. He is Barry Diller, who is still working at Paramount. He has work experience in this field."

"To be honest, the initial investment of the TV network was not large, the total investment was only 10 million US dollars. I gave Barry Diller 10% of the investment share. In addition, I would like to give away 20%-[-]% of the investment share."

"The TV network's investment is not large. In fact, I alone is enough. The main reason is to find a few more capable partners for the company."

Lin Baicheng simply said that since Logan Rockefeller is also there, it is not easy to exclude him, so he is willing to give up 5% of the shares. It is the same anyway. In the end, he will continue to reduce the shares.

"Invest in TV networks, I'm interested."

Claure Rockefeller nodded, agreeing.Of course, before investing, he must meet Barry Diller and listen to Barry Diller's development plan for the TV network. It is impossible for Lin Baicheng to talk about an investment project, and he will invest money without thinking.

Lin Baicheng said: "At that time, I will call out Barry Diller and ask him to make a development plan for the TV network for everyone to see. You can also help me call Miss Johnson. The development of the TV network is inseparable from the shareholders. Support, the more capable partners the better."

Claure Rockefeller responded: "I will call Abigail, no matter whether she is interested in investing or not, she will definitely go to see the situation."

"Logan, if you're interested, come along."

Lin Baicheng told Logan Rockefeller that among the few, he actually had the least capital, but he could still afford an investment of several million dollars.

"Okay."

Of course Logan Rockefeller would not refuse, no matter whether he invests or not at that time, there is no harm in going to see it first.

Lin Baicheng then went to chat with other people. All the friends who came tonight were Phil Smith’s friends. Many of his friends knew Lin Baicheng. When Phil Smith held a party before, Lin Baicheng and They talked.

Of course, it is impossible for Phil Smith’s friends to be all elites. Some of them are rich second-generation and rich third-generation who just love to play. Lin Baicheng has nothing in common with these people, but he can chat with some self-motivated people .

Phil Smith was the organizer and host of the bachelor party, so although he was discussing business with his friends, he didn't make Lin Baicheng and other guests wait too long.

"Tonight is a bachelor party, everyone must have fun and have fun, give me happy!"

Phil Smith held the microphone and yelled like ghosts and wolves.

"Woo~~" "Wow!"

Some people who love to play immediately yelled strangely.

Tonight is a pre-wedding bachelor party. This kind of party is different from a business party. Moreover, this is Los Angeles, the city where Hollywood is located. Models and some young actors are indispensable, so many beautiful women came tonight.

Lin Baicheng has always been reluctant to let go of this kind of party. It's not that he is hypocritical and reserved. He also likes beautiful women. It's just because of the different cultural education he received, so he can't do this kind of "crazy" party like other people. Let go and play like that.

Of course, Lin Baicheng would not disappoint, he simply arranged with Phil Smith to accompany her beautiful model to play Texas Hold'em, drink, etc., and he enjoyed himself.

In this kind of party, if Lin Baicheng was drinking alone, he would be out of the group.It's different to play with a beautiful woman like now, it's just not so crazy, there are only a few people like him.

"Alan, we are going to Las Vegas later, how about going together?"

After playing for a while, Phil Smith found Lin Baicheng.

Lin Baicheng looked at his watch: "Here to Las Vegas, including the time of driving and flying, it will take three hours to go back and forth. You have a wedding tomorrow morning, are you sure you can make it in time?"

Phil Smith said: "This is my last single day and I'm definitely going to have a good time!"

"Who is going?"

Lin Baicheng asked, and after learning that most of the people were going, it was not good to be out of group, so he agreed.

Phil Smith asked Lin Baicheng to lend him his private jet, and Lin Baicheng did not refuse. As for the flight arrangements at the airport tower, Phil Smith and the others were responsible.

Because they were going to Las Vegas, Lin Baicheng and others didn't stay here for too long. After confirming the flight, the group went to the airport by car and took Lin Baicheng's private jet to Las Vegas.

This is not the first time Lin Baicheng has come here in Las Vegas. He has been here before when he was playing with Haruko Mouri. Of course, a visit to the casino is a must when coming here, otherwise it would be a waste of time.

After Lin Baicheng and others arrived in Las Vegas, they also went to the casino. In addition to those gambling places, the casino actually also has some entertainment venues.

(End of this chapter)