I stole someone else's ticket to rebirth

Chapter 291 A Mirror

May 1st is the beginning of the holiday.

For a small group of people, it is a double blessing.

Because at midnight, Wanliu Capital collectively sent text messages to users.

Even though they already knew the rule, everyone was still very nervous as the time approached.

There are heated discussions in various groups.

Many people have given speculations about the net value of the Wanliu Global Select Fund.

Some speculate that it has increased by 50%, while others speculate that it has increased by 70%.

This is already very terrifying data, and it is entirely due to the public's trust in Wanliu Capital and recognition of Jiang Banxia's abilities.

The only regret is that everyone’s quota is not high this time, after all, the points redemption rate is halved.

Many people have also thought that they should exchange the quotas of the other four funds at a one-to-one ratio. Those four funds have all increased by more than 30 points in almost a year. It is estimated that by the time the fund reaches a full year in two months, 40 points will be no problem.

But everyone wants a miracle!
That group of people made a lot of money two years ago. Not only did they get the cars for free, they also earned some extra money. Everyone wants to have such a good thing.

But I missed it.

Even though the points redemption rate is half off, they still want to take another gamble.

Anyway, after they drove the car, they didn't feel like they were losing out.

Apart from the weak brand power, if other functions were put on a luxury car and sold for one million, people would probably feel it was a loss and would have to pay a premium to get them.

"How much of the 30 billion US dollar quota have we, the car owners, received? In the second half of the year before last and the first half of last year, we didn't sell that many cars in total, right? The points have been cut in half, so it would be good to have 5 billion US dollars as the quota for the car owners. In other words..."

"Congratulations, blind student, you have found the bright spot. The bulk of the profits of this fund must still belong to Wanliu Capital. Wanliu Capital made a lot of money last time, although it is not enough to fill the gap of more than 50 billion US dollars, but it is certain that their funds will be given priority before considering others. Even if they make %, plus the high management fees, Wanliu Capital's overseas income this year should be around billion US dollars."

“What if we add domestic revenue to that?”

"The domestic revenue is unclear, but it must start from 10 billion...Wanliu Capital is aiming to make 100 billion this year!"

"The financial industry itself is not very costly. Even the top companies only have annual operating costs of several billion, and occasionally over 10 billion. Wanliu Capital's operating costs are even lower, less than 2 billion a year. If they can earn 100 billion, it would be too scary, and the market value would definitely exceed 2 trillion."

"From the growth of Wanliu Capital in the past period of time, it can be seen that the return this time will not be low."

"This is so unscientific. Why did the other QDII funds I bought only increase by five or six points this year? The Dow Jones and Nasdaq have both increased by nearly 20 points."

"What can those fund managers in China do? Apart from engaging in insider trading, they have no ability at all! Most of them just buy and leave the funds there without moving them, and never adjust their positions based on the market conditions."

"In fact, the other four funds of Willow Capital did not rise much this time..."

"Jiang Banxia doesn't have the energy. After all, this is a plate worth hundreds of billions. It's impossible to operate it like the previous plates worth tens of billions. Besides, Jiang Banxia is pregnant with her second child. It's good enough that she can take care of one direction."

"Too……"

"It's coming out... I received a text message."

“Damn it, hurry up and take a screenshot and send it to me. I didn’t buy it.”

"What about your points?"

"I brought it to ask questions. If I asked a question and the answer was useful, they would deduct 120,000 points from me. It's too expensive!"

"No, what's your question?"

"The future wealth allocation was said by Jiang Banxia himself."

"What is configured?"

"Then what can I tell you?"

……

"Screenshots are coming!"

“Oh my god! +136%?”

"A 30 billion dollar plate, more than doubled?"

"How much money does this make?"

"The official website of Wanliu Capital has also been updated. It is indeed 136%. This is the return on personal funds. If it is the return on Wanliu Capital's own funds, I am afraid it will definitely exceed 140%."

"Wanliu Capital is likely to earn more than 120 billion this year."

"The exchange rate is now 6.8, not 6.5 as before."

"The market value of Wanliu Capital is definitely not less than 2 trillion, but unfortunately... I only bought 500,000 shares..."

……

Li Yang also just received the report.

The net worth increased by 136%. In theory, the total funds should be 300X236%, which is 708 billion US dollars.

In fact, the total funds are US$744 billion, and the extra US$ billion is the management fee of this fund.

The management fee of five points is calculated daily. Those management fees are kept there to continuously eat up the profits. Over time, they become this much.

In the end, the company's financial management income is US$150 billion, plus the principal of US$110 billion, the company will take away US$260 billion this time.

At the same time, the company earned $3.6 billion in management fees, plus a series of fees from four other stocks, which totaled nearly $1.4 billion from the second half of last year to now, and Wanliu Capital has $31 billion in cash on its books.

Jiying Auto will take away US$118 billion this time, Kuaishou will take away US$236 billion, and only US$94 billion will belong to the investors.

The company's money already had a source.

It will distribute dividends of 500 billion yuan in A shares, and also reserve a portion for the next round of investment.

After reading all this, he could take a break, but then Jiang Baichuan called.

"Li Yang, are you asleep?"

"I was just about to go to bed. What do you want?"

"I just want to ask when you will come to the capital. I will treat you two to a meal."

"Ah? I'm afraid I don't have time recently. I have to play in the competition. My wife's due date is only a little over a month away. I definitely can't go out during this period. How about waiting?"

"Then I'll go find you."

"No, I really don't have time recently, and I can't let you, an elder, run around."

"Now that Jiang Banxia has given birth, does she need to stay in confinement? Does she need to take care of the baby? Is there a chance we can meet again this year?"

"It seems... there really isn't one... How about next year?"

"This year! Recently!"

"No! I'm asleep. You should rest too. It's almost one in the morning. Staying up late is not good for your health."

Finally, Jiang Baichuan couldn't bear it anymore.

"Li Yang, I know that your Wanliu Capital doesn't accept other LPs, but can you make an exception and give me a quota of 20 billion US dollars?"

"What, what, what? The signal here is bad. Damn China Unicom. They didn't build a base station in my neighborhood... Hello... Hello..."

beep...

Jiang Baichuan shook his head helplessly.

He really shouldn't say such things. After all, it is tantamount to snatching meat from Wanliu Capital.

But... after these two experiences, he was really envious.

How can Wanliu Capital make so much money!
He had never seen any domestic institution make so much money abroad.

The total amount of QDII funds approved so far is only US$100 billion. Regardless of whether the foreign market is good or bad, there will always be institutions that lose money to balance their profits. At most, this US$100 billion scale can only earn US$16 billion. When it loses money, it can lose US$20 to 30 billion a year.

Li Yang made back all the money he had lost in the past ten years in one go.

He was going to discuss with Li Yang again whether the quota could be further increased...

……

May 1st morning.

Jiang Banxia took the phone and used the calculator inside to calculate a little bit. In fact, the calculation is also very simple, 650-260=390
This is the money Li Yang earned this time.

Whether it belongs to Jiying Automobile or Kuaipai, the profit is essentially made by Li Yang.

"Not much, not much at all. There is still a gap of $610 billion, which cannot be earned back."

Jiang Banxia actually suffered a pretty big blow.

The scale of funds managed by her and Li Yang is essentially the same.

Thirty billion dollars versus thirty-five billion.

At the beginning, she did have more, but when the available time was almost the same, her scale only reached 470 billion, while Li Yang's scale had exceeded 500 billion.

Use less capital and break through 500 billion faster.

The net worth growth is even more amazing.

He has indeed been quite lazy here because of the pregnancy.

But even if she wasn't pregnant, there wasn't much she could do.

It is impossible to adjust the funds of hundreds of billions frequently, and she cannot handle it all by herself.

At most, you can just play with a small portion of the funds, and maybe make a few billion more?
She really wanted to tell others that the money was earned by Li Yang and had nothing to do with her.

But obviously, Li Yang doesn't need it.

The credit for making money can only be given to her. If it is given to Li Yang, then no matter how Li Yang starts a business or manages it, many people will think that it is what he deserves.

After all, Li Yang is rich.

Just take a quick look on the Internet and you will find six hot searches about Wanliu Capital.

You don't have to spend money to buy it. Because of Li Yang, Wanliu Capital has become so popular.

The number of orders on the Jiying Automobile app also skyrocketed.

Those who placed orders a few months ago have already received their cars and earned points, and are waiting for a new round of quota redemption to begin.

This time, too many cars were sold.

From May last year to May this year, the number of vehicles delivered was around 300,000, with an average price of at least 400,000.

……

During the May Day holiday, Li Yang did not play any games because there were no games.

The Intercontinental Championship hasn't finished yet.

He is mainly doing one thing, which is to buy back the shares of Jiying Automobile held by New Town Capital.

He needs dollars.

New Town Capital acquired 40% of Jiying Auto's equity for $23 million. Although it has been diluted several times, it still holds %.
Even if they all belong to Li Yang, you can't just count them like that.

This is just convenient for Li Yang to cash out some US dollars.

Last year, Jiying Automobile had a revenue of 80 billion yuan. Excluding investment income, it actually lost nearly 10 billion yuan. After all, the cost of the car was more than 70 billion yuan.

The valuation of new energy vehicle companies is different from that of traditional fuel vehicle companies. The market share of traditional fuel vehicles is relatively fixed and will basically only decrease and is difficult to increase.

Therefore, a PE of 20 times is already considered good.

However, the price-to-earnings ratio of new energy vehicle companies cannot be used for calculation because everyone is losing money.

Even Tesla is losing money.

Tesla had revenue of $214 billion last year and a loss of $9.7 million, with a current market value of $730 billion.

The data of Jiying Automobile is indeed not as good as Tesla's, but the capital market must at least give it a valuation of 50 billion US dollars.

In this way, New Town Capital will be able to leave with more than 10 billion US dollars in cash.

Wanliu Capital will pay this money.

Only Wanliu Capital has this strength.

Before we knew it, it was May 6th.

Today is the end of the holiday and the first day of a new week.

After the A-shares opened, Wanliu Capital was capped at the top and its market value exceeded 1.7 trillion yuan.

On this day, Ning Hao also transferred his stock holdings to Zhang Mansheng's name, and he was freed from all worries.

Looking back on my own experience, it seems that I went astray in the end.

He should not have acted on his own and should have honestly bought Jiying Car, then purchased the financial management quota of Wanliu Capital, and bought stocks. Then, even if he deducted the more than 2 million yuan he spent on meals with Li Yang, he should still have more than 2 million yuan in his hands this year.

He didn't stick to the right things, and once he had money, he became ambitious without foreseeing the risks of the future at all.

It's no use having a clear mind. There are many clear-headed people in the world, but they lack the ability to predict the future and have a macro perspective.

He didn't tell Li Yang that the club was about to go bankrupt, there was no need to do so.

However, there are old friends in the club who were also teammates of Li Yang and have Li Yang’s WeChat.

So Li Yang found out about this matter that day.

To Li Yang, Ning Hao is like his shadow from his previous life, and a very good shadow at that.

The only difference is that I am a hundred times more handsome than him.

But in essence, they are all similar. They are all very confused about life. Even if they have a little luck sometimes, their destiny is not in their own hands.

For example, if he was supported by Xue Ning in his previous life, once he succeeded, he wouldn’t have to struggle anymore.

Xue Ning was just a few years older than him, pretty and in good shape, and had more than one million yuan in her hands and several houses in the county, conditions that he would never be able to find even with a lantern.

Unfortunately, things were not something he could decide. Xue Ning had experienced too much at that time and did not trust others.

Li Yang can control his own life in this life, but he can't be careless. Taking a wrong step may not have a big impact, but generally after taking a wrong step, he will take a wrong step, and then a wrong step...

No matter how wealthy you are, it can't stop you from taking the wrong path again and again.

He is just an ordinary person. Apart from his advanced vision, he has nothing but handsomeness.

He manages the company by paying money and relying on the office system.

With money, he has the confidence and will not allow anyone in the company to make mistakes. If anyone makes a mistake, they can be fired.

If he had no money, he wouldn't be able to afford the cost of firing senior executives.

So just tolerate some minor mistakes if you can.

For example, if Feng Xinli is fired, first of all, according to the non-compete agreement, he has to pay Feng Xinli half of his salary within three years, and at the same time, he has to compensate Feng Xinli for several months' salary when he is fired, which adds up to at least 100 million yuan.

Which of the employees of several companies now does not know his firm attitude? Faced with generous treatment, employees who want to take advantage of the situation should also carefully consider the cost of being discovered.

It has invisibly increased the cost of corruption and slacking off.

By looking at Ning Hao as a mirror, Li Yang was certain of one thing: he could not live without Jiang Banxia.

In recent years, he has been able to make money on his own, but in a few years, he will have to rely on Jiang Banxia to maintain his livelihood.

You must not go wrong on this road.

He didn't care about Ning Hao for the time being. In essence, he still owed Ning Hao a favor, so he would just wait for Ning Hao to contact him.

After this incident, he changed his mind.

Move Wanliu Capital’s headquarters to Jiangcheng.

Anyway, there is only one department left in the headquarters now, and the other departments have long been moved here by Jiang Banxia.

So, while there was still time, he came to the capital.

Let’s resolve the issues in the capital first.

(End of this chapter)