Rebirth of the Strongest Tycoon
Vol 2 Chapter 597: Assets surged by several billion
On that day, Pei I.M. wrote down all the precautions. In the following days, Hua Shengshi joined him on field trips to start the design of the museum.
With Pei's participation, Xia Yu can put the museum aside and continue to work.
In a blink of an eye, half a month passed, and the privatization process of Xiangjiang Electric Light Company was over.
The privatization has recovered 26.5% of the equity and cost nearly 630 million Hong Kong dollars.
Coupled with the previous funds, the acquisition of Xiangjiang Electric Lamp Company cost a total of 2.27 billion Hong Kong dollars.
Although it was all cash acquisitions, Xia Yu took it out easily and did not lend a penny. If it was exposed, it would definitely cause a panic in Xiangjiang.
Xia Yu has so much liquidity because the funds for speculating in London Gold have been replaced and drawn out.
The principal amount of 2.2 billion U.S. dollars was invested in London Gold. After leveraging, the capital was enlarged to 6.6 billion U.S. dollars.
After the left hand turned the right hand, 200 million U.S. dollars was left as leverage to take over the original 14 billion U.S. dollar gold futures contract, and 9.54 billion U.S. dollars was put in.
Among them, 2 billion U.S. dollars is the principal that Xia Yu brought to the United Kingdom. Therefore, this speculation on London Gold took advantage of leverage and made a direct profit of 7.54 billion U.S. dollars. At this time, the constant 4.6:1 Hong Kong dollar dollar exchange rate was used. , The equivalent of Hong Kong dollars is nearly 34.7 billion Hong Kong dollars.
Xia Yu's total net worth has directly doubled!
After seizing the opportunity of the times, the horrific speed of making money in the financial industry is stifling.
And because in less than a year in the future, the international gold price will rise to a peak of 850 points. The US$14 billion gold futures contract that Xia Yu left behind was US$200 million. Yes, when it is sold at more than 800 points, there will still be high profits.
Holding such a huge amount of funds, Xia Yu has more confidence in building an international consortium.
However, although liquidity is important, it is the most stupid to keep holding or not investing, so Xia Yu put out 3 billion US dollars of funds to make Bright Fund buy the stocks of major companies in the British stock market.
At the time of the British economic downturn, capital is also shrinking. The temporary poor operating conditions of major companies have led to a downturn in stock prices, but as long as Margaret takes office, the situation in the UK will gradually improve.
Therefore, you can close your eyes now, and you will be right when you catch the stock of a large British company. Even if there is one, the company will still lose money, but the overall investment will definitely not lose.
In fact, according to Xia Yu's idea, it is not only the British economic downturn at this time, it should be said that the whole Europe is like this, and opportunities are everywhere.
But don't look at Xia Yu's current liquidity of more than 9 billion U.S. dollars. It looks like a lot, but it is too small to spread across Europe.
There is a saying that ten birds in the forest are not as good as one bird in hand.
So Xia Yu resisted the temptation and decided to establish a solid foundation in the UK first, so all the 3 billion US dollars of funds were invested in the UK.
However, in order to prevent too much exposure, Xia Yu ordered the Bright Fund to expose up to 500 million US dollars of funds, and the remaining 2.5 billion US dollars should be placed on the various hidden vests of the Bright Fund, and these small vests will buy the major ones. The company's equity.
The latest situation is that US$3 billion of funds have been spent on US$1.2 billion, all of which have been spent on the acquisition of stocks from the secondary market.
In addition to the 3 billion U.S. dollars, it stands to reason that Xia Yu still has 6.54 billion U.S. dollars in funds.
Xia Yu invested 1 billion U.S. dollars in Jiuding Bank for business expansion of Jiuding Bank. Liu Tianci, who holds a huge amount of money, ambitiously expand in the banking field.
Then he took out another two billion US dollars and injected them into each of his major companies for their expansion and mergers and acquisitions.
For Jiuding Newspaper Company and Jiuding Animation Company, the capital injection is small, mainly because the revenue of these two companies is scary, and there is no need for much capital injection.
The big heads are placed in companies such as Universal Television, Jiuding Book Publishing Company, Jiuding Insurance Company, Jiuding Securities Company, Global Cinemas, Jiuding Retail Group, and Jiuding Real Estate Group for the expansion of these companies.
The 1.35 billion Hong Kong dollars that Jiuding Real Estate Group acquired a while ago came from an injection of 500 million US dollars.
In addition, the acquisition of Xiangjiang Electric Light Company and some miscellaneous consumption such as donations cost Xia Yu 500 million US dollars.
After some operations, Xia Yu's independent working capital was only US$3.4 billion.
Still very scary.
This money, Xia Yu was handed over to Wang Qi to take care of it temporarily, and he listed many companies in Xiangjiang and asked him to secretly absorb stocks.
After all arrangements were made, Xia Yu took the personnel to Liu Shihao, Huo Jianning and others to Xiangjiang Electric Light Company to check the specific situation.
The original president of Xiangjiang Electric Light Company was the second largest shareholder, but after Xia Yu’s sudden attack, the second largest shareholder was forced to sell the shares and withdraw. Therefore, the position of President of Xiangjiang Electric Light Company was vacant. Stagnation ~www.ltnovel.com~ But Xia Yu didn't care for a short time.
Fortunately, in the electric power industry, the technical barriers are higher, even the former president can't take over. The powerful vice president is in charge of power generation and power distribution.
The person in charge is a Chinese, named Han Tianze. After graduating from a prestigious school, he joined the Xiangjiang Electric Light Company. Starting from the bottom, he has been working for 20 years. He knows everything about the Xiangjiang Electric Light Company.
After coming to Xiangjiang Electric Light Company, Xia Yu immediately convened a meeting with the company’s senior management. In addition to these people, there were Zhou Keji, the head of the Standard Accounting Firm, and Wei Lu, the head of the Standard Law Firm. At Yu's request, the assets of the Xiangjiang Electric Light Company have been accounted for for more than ten days and the legal loopholes have been improved.
Looking at several vice presidents and department managers who looked worried, Xia Yu looked kind and calmly said: "Everyone should have heard my name. I will not be too strict with my own people. Since you are still sitting here today, then You can relax and work."
Han Tianze and others breathed a sigh of relief and quickly thanked: "Thank you, Chairman!"
"Okay, now you first introduce your basic personal information and your responsible work."
"Han Tianze, you come first."
Xia Yu's words are concise and concise, named Han Tianze.
Han Tianze stood up immediately, bowed slightly to Xia Yu, and then calmly introduced: "Dear Chairman, my name is Han Tianze. I was the vice president of the company. I was in charge of all power-related businesses such as power generation business and power distribution... "
"Dear Chairman, my name is Liu Hong, in charge of engineering construction and service business..."
"Dear Chairman, my name is Song Hai, the manager of the electrical appliance trading department..."
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