My 1999

It's a new day again.

After exercising and eating breakfast, I just arrived at the office.

Li Jinling has already handed over a stack of information.

"Mr. Xu, this is the listing application of Alibaba that I just received."

The listing of Alibaba has been discussed since the beginning of this year, and now it has finally been confirmed.

Different from the previous life.

Because he revised the regulations of the Hong Kong Stock Exchange in advance, allowing companies with dual-class share structures to be listed, and allowing biotech companies that have not yet made a profit to be listed in Hong Kong.

So the listed entities of Alibaba in this life include not only Alibaba, but also Taobao and Yahoo China. The only major business excluded is Alipay.

Alibaba's total listed share capital is 5.05 billion shares, and it plans to issue 1.05 billion shares, with an additional 75 million shares over-allotment.

Of the 1.05 billion shares issued, 87.5% are for international placement, while the public offering for retail investors only accounts for 12.5%, or 131.25 million shares. If the public offering is over-allotted by more than 20 times, a public offering call-back mechanism will be set to 10%.

The issue price is HK$23.5, code 1688.

That is to say, Alibaba's total valuation is HK$118.675 billion.

Xu Liang simply flipped through it and put down the information in his hand.

"How much is the total amount of cash from old shares?"

"550 million shares. According to the distribution of the shares held by major investment institutions in Alibaba, we can get half."

"Tell Lao Xia to take all the shares that belong to us and sell them when Alibaba goes public."

Li Jinling was surprised.

She knew very well that the big boss valued Alibaba.

In recent years, all the information about Alibaba is A-level.

The priority is second only to Hongmeng, Hanhua and other 'S'-level direct lines.

Generally, for such companies, the big boss rarely sells shares unless it is necessary.

After a little thought, I understood it a little bit.

The collapse of US subprime debt is imminent, and the Hong Kong dollar is deeply tied to the US dollar.

Once a crisis occurs in the United States, Hong Kong will not be able to escape.

The stock prices of all companies will fall.

Sell now at a high price, and buy back the shares when it falls.

Nothing has changed, and you can still make a lot of money for free.

In fact, Xu Liang did think so.

After Alibaba's shares are unblocked, he will sell some more.

Write down the instructions of the big boss.

"Mr. Xu, this is the invitation letter I just received. John Paulson, the founder of Paulson Fund, invites you to a dinner."

"John Paulson?"

"Yes."

Xu Liang rubbed his chin, which had grown a short stubble and was light blue.

"What time?"

"Tomorrow night."

"Tell him I will visit on time."

"Yes."

Paulson Fund is Hanhua's largest partner. When the other party raised its first fund in 2005, Hanhua invested 200 million US dollars. It's not that they don't want to invest more, but the other party's fundraising amount is not much.

200 million already accounts for half of the other party's total fundraising.

In November 2006, the other party raised its second hedge fund.

Hanhua directly invested 2 billion US dollars.

Both funds are short funds targeting CDO.

It can be said that the Paulson Fund is the one with the largest investment amount among all the shadow funds that Hanhua cooperates with.

Of course, the exceptions are the Thiel Fund, Capital Today, etc., whose hedge fund departments are all handed over to Hanhua for management.

It is precisely because of the importance of the other party that Xu Liang agreed.

——

Evening.

Manhattan, Upper East Side.

Xu Liang got out of the car and in front of him was a single-family villa that was very rare in this area.

As the core area of ​​Manhattan, this place is very expensive. Most of the houses are townhouses, and the price of single-family villas is catching up with his large flat apartment in Central Park.

After showing the invitation letter to the security personnel at the door, Xu Liang walked through the gate and entered the villa.

The courtyard was decorated with lights and colors, singing and dancing, and it was very lively.

A group of bald white middle-aged and elderly men in suits and leather shoes, holding wine glasses in one hand and holding thin blonde girls in the other, gathered in groups of three or five to talk.

"Xu, I thought you weren't coming!"

John Paulson stood out from the crowd. He was wearing a well-cut high-end suit, and his sparse hair was carefully groomed. He looked particularly energetic.

"As the largest LP of Paulson Fund, you are going to hold a celebration party, so how can I not come?"

The two hugged each other with a smile.

The guests around them all looked at the young Asian man who appeared last with curiosity.

Some people recognized Xu Liang and raised their glasses to him.

More people whispered to the people around them about this young Chinese rich man who was well-known in American society.

Paulson took Xu Liang aside.

"Xu, there are many big clients here today. After I finish speaking, they may come to chat with you. I hope you can say a few good words for me."

Xu Liang instantly understood the intention of Paulson to invite him here. It turned out that he was using him as a tool to stand up and endorse Paulson Fund.

"Are you planning to raise funds today?"

"Recently, the company has received many investment applications, and the conditions are very favorable, so I plan to raise another hedge fund."

"How much do you plan to raise?"

"8 billion US dollars. ...How about it, Xu? If you are interested, I can give Hanhua at least 3 billion US dollars of shares."

"Are you still planning to short CDO?"

"Of course."

"No problem. The performance of Paulson Fund is obvious to all. Smart people know how to choose." Xu Liang said.

Hanhua, which has just raised $150 billion, has no shortage of funds.

More importantly, Paulson is one of the top successors of the "Wall Street Subprime Short God" that he intends to promote, and an excellent live target.

Moreover, with this guy's ability, shorting CDO will never lose money.

"Haha, Xu, I knew you would definitely agree."

Xu Liang smiled.

After dealing with him, Paulson was ready to leave.

There were a bunch of rich guys waiting for him to fool around.

"Xu, today's wine is good, you taste it first, I'll go greet the guests."

"Okay."

After watching him leave for a while, a pungent perfume smell suddenly came.

"Xu, I heard that you are the largest LP of Paulson Fund?"

Turning his head, a blonde woman with heavy makeup appeared in front of him.

About 30 years old, wearing a low-cut dress, two balls are unusually plump.

Looking at the woman's face, Xu Liang recalled carefully and found that he didn't recognize her.

Pay attention to his eyes.

"The whole world knows that Mr. Xu is the best financial investor. I don't think you need to give your money to outsiders."

"Thank you. Paulson is a very good investor, especially in the field of subprime debt."

The blonde woman grinned, "You Orientals are really modest. I have met many financial tycoons, and most of them are very flamboyant in private."

"So, I can't be called a big boss." Xu Liang said calmly.

"You are really too modest. As far as I know, Hanhua has just raised $150 billion."

Xu Liang glanced at the woman, "You seem to know me very well?"

"In fact, I know all the major companies on Wall Street very well, because their senior executives are my clients."

Xu Liang asked curiously, "What does your company do?"

The woman smiled charmingly.

"We are in the same business, but Mr. Xu runs a search website, and I run a model website.

The contracted models on our website have all received high-quality education from Ivy League universities in the United States. It is also a gathering place for the most beautiful women in the world."

The woman held a business card between her fingers and gently handed it to Xu Liang, saying meaningfully:

"Specially for you Wall Street men to relieve stress."

Xu Liang was stunned for a moment, then took the business card and glanced at it, then looked up and found that the woman had walked out several steps.

The woman suddenly turned around and said, "My name is Billie, I hope you can give us more suggestions for our website."

Xu Liang shook his head and laughed, he knew who this woman was.

New York's No. 1 pimp, Manhattan madam.

The list of prostitution released in the previous life directly brought down the New York governor, and countless well-known executives on Wall Street trembled.

No wonder they are so familiar with Hanhua, they should be regarded as big customers, ready to expand business, maybe even corporate group purchases.

Working pressure on Wall Street is high, sex is unavoidable and an indispensable topic.

But he was not interested in prostitution. Free prostitution was fine, but paid prostitution was not good enough.

The most important thing was that he had a mental obsession with cleanliness.

He flicked his finger lightly, and the business card in his hand flew accurately into the trash can next to him.

At this time, Paulson's speech was over.

The guests gave the warmest applause to the new financial tycoon, and their eyes looking at Paulson were more eager than each other.

Xu Liang stayed at the party for a while, and people kept coming to talk to him.

They were basically asking about Hanhua's $150 billion financing.

Xu Liang dealt with them one by one.

After a while, entertainment time began.

Billie, who had disappeared for a while, came out of the villa with a team of cool girls, dancing various provocative dances, showing her graceful figures to the old men present.

Paulson and several old men were commenting on each other and getting along well.

Xu Liang walked over and said hello to Paulson, and he finished standing on the stage, and he was ready to leave.

"Xu, you don't seem to be used to these occasions?

Actually, these are all normal. High tempo, sex, cocaine, drugs, this is the culture of Wall Street."

Paulson said with a smile while sending him out personally.

"Maybe, but I'm not interested in these."

After all, he still doesn't have as much fun as these grandsons, and he has a certain moral bottom line in his heart.

In pursuit of excitement, the ghouls of Wall Street do all kinds of bad things, such as multiple P and wife swapping.

"Have fun, I'm leaving first."

Patting Paulson on the shoulder, Xu Liang turned around and got in the car.

Watching him leave, Paulson whistled and returned to the villa.

——

Xu Liang was ready to return home.

Before leaving, he called Zhang Shizeng, the head of Hongyan's New York headquarters, and Chu Gang, the president of Hanhua's New York office.

Remind them to be modest and cautious, although they recently shorted subprime mortgages and made a floating profit of more than 3 billion US dollars.

But these are only appetizers, and the real feast is still to come.

The global financial crisis caused by the US subprime loans will not be completely spread in a day, a month, or even a year.

A few years ago, the soaring house prices and loose credit planted a time bomb, and Wall Street's financial instrument innovation and various operations were equivalent to adding more explosives to the bomb.

Now the decline in house prices has ignited the fuse.

But we need to wait until this long fuse burns completely to the end before we can see the beautiful mushroom cloud rising from Wall Street and the shock wave sweeping the world.

The longer it takes to brew, the more lethal the bomb will be.

"Now more and more forces are beginning to pay attention to subprime bonds, and our years of layout have reached the critical harvest period.

Now you must stand the most critical and last shift until the final harvest is completed." Xu Liang said.

"Mr. Xu, don't worry. I even sleep with one eye open and stare at the bond market." Zhang Shizeng assured.

"Haha, this is not necessary.

Everything that should be done has been done in advance, and the rest is just to lock in the money, so there is no need to be too nervous."

Chu Gang: "Mr. Xu, once subprime loans default on a large scale, it will inevitably lower the stock prices of financial institutions, so I think we can seek to short sell."

"I agree. HSBC has adjusted the US subprime loan reserves to US$10.5 billion. I guess they should be in big trouble. If you short sell, you will definitely get a rich return." Zhang Shizeng echoed.

Xu Liang smiled and said, "HSBC is not the only one in big trouble.

Freddie Mac and Fannie Mae are in much more trouble than HSBC."

Chu Gang's eyes lit up, "Mr. Xu, I think we should enter the market now and try to get ahead of other institutions and eat the fattest piece of meat.

Xu Liang did not refuse.

"Just do it according to your own ideas. But remember, the situation is complicated now, don't use too high leverage."

"Yes. "

Both agreed at the same time.

Chu Gang and Zhang Shizeng smiled at each other, and saw the eagerness on each other's faces, and felt like they were participating in a major historical process.

This was also the opportunity they had dreamed of for a long time, to step onto a larger trading stage, become a world-renowned fund manager, and show their ambitions.

——

After Xu Liang's Kunpeng private jet took off from New York, it landed at Hong Kong Island International Airport after more than ten hours of long-distance flight.

As soon as he walked down the spiral staircase, he saw a line of Maybach 57S not far away.

A woman with long wavy hair, flaming red lips, and a bright red corset dress stood next to the front of the Maybach.

Seeing him coming down, the woman took off the frog glasses on the tip of her nose, revealing a peerless face that was both angry and happy.

Xu Liang smiled and opened his arms to greet him.

There were many people watching around, and he didn't do too many ambiguous actions.

He hugged and let go.

"Why are you here?"

"I just happened to have nothing to do today. I knew that you, a playboy, were back, so I came to greet you. "

Although Qiao Yuhui said it calmly, she never let go of the hand she held.

Looking at this arrogant woman, Xu Liang did not point it out, and held her hand and got into the car.

"Are the children okay?"

It would have been better if she hadn't said it. Once she said it, Qiao Yuhui's pent-up resentment instantly erupted.