Reborn Entrepreneurial Giant
Chapter 164 Confrontation and Charity Fund
The biggest memories left by most Chinese people in 2008 may be the Olympics and the earthquake, but for investors, it may be the subprime mortgage crisis and the A-share stock market crash. Qu Li returned to Yangcheng in late May, and the Shanghai Composite Index had dropped to 3500 points. There is no end.
A-shares have little to do with Qu Li, he has already cashed out, even if there are tragedies such as a double kill of stocks and debts, the impact on the unleveraged rate of return of his bank deposits to buy treasury bonds is minimal. The most direct impact on Quli is that the international crude oil price exceeds 120 US dollars, and the greatest indirect impact is the intensified impact of the subprime mortgage crisis.
In this film, Andrew of Lehman Brothers chose to face Qu Li directly after confronting Zhang Yiwen many times in order to obtain more accurate information.
Lehman Brothers is the major shareholder of Jumei and Glory. Qu Li cannot avoid Andrew. Jumei is in good condition. With the return of the convoy, Jumei logistics will return to normal rhythm. It will greatly alleviate the current embarrassing situation in a few days.
"How is it? How much confidence do you have in Lehman?" Qu Li asked casually. As a century-old company, Lehman is not so easy to go bankrupt.
"My confidence has always been there, Lehman does have some difficulties, we need some help..."
"Don't look for me, I have no money."
"I heard that you have a good relationship with Huatou."
"You think too much, they are fighting with Morgan Stanley."
"What about Zhaoshang Securities?"
"Why are you so naive?"
"Lehman will not treat you badly."
"I believe, but you may not have a future. Bear Stearns was acquired, and you acquired such a large-scale real estate project with high leverage last year."
"This matter is not a big problem, we can solve it..."
"Give me infinite funds, and I can solve it."
"What do you want?" Andrew couldn't get past the flickering
"Your team in China or Asia-Pacific."
"..." Andrew didn't expect this to be the result, Qu Li was too ambitious
"Don't get me wrong, I don't want to recruit you, but to cooperate with you. No one knows how much the impact of the subprime mortgage crisis will be, but you should have seen the potential of the Chinese women's market in the past few years. From an investment perspective, Are you really willing to miss out on the Chinese market?"
"Of course not, how do you want to cooperate?"
"I didn't think it through, but I felt that everyone had a basis for cooperation, and don't forget Glory. I don't want Lehman's incident to affect Glory's future financing."
"..." Andrew wanted to refute, Glory has such a high profit, does it really need financing? Of course, he also knows that he can't say that if he really wants to cooperate, the shares of Glory are equivalent to a certificate of approval, and he has to prove his worth.
After that, the two did not talk about cooperation. When they talked about Jumei, Lehman would choose to cash out after the six-month lock-up period expired, which may have a certain impact on Jumei's stock price.
Although Qu Li is very confident about the future of Jumei, he is not prepared to increase his holdings in his own name, and the current stock price of Jumei has fallen to 12-15 US dollars, and the market value is about 2.5 billion US dollars, which is a bit high.
"Let's talk about it later if it's less than $10, it can't be in my name."
"This is easy to solve..."
The global financial industry is always innovating when there is demand. At most, domestic regulation is a little stricter in some aspects, but in order to realize the value of life (make money), financial practitioners are very introverted, and many people will continue to give up. Bottom line, abandon dignity.
"It is also possible to set up a charitable foundation..."
"That's good!" Qu Li had an idea subconsciously. Anyway, if you want to donate money, why not take this opportunity to set up a charity fund?
After Andrew left, Qu Li consulted a lawyer.
"It's best to set up in Xiangjiang..."
Well, then Xiangjiang.
Qu Li is sitting in the office looking at his assets, not to mention Glory and Jumei, the domestic Vision Fund is 3 billion plus 50 million from the sale of Beijin Yonghang, and 5% of Youku’s shares, but Youku’s financing last year did not Participate, this year is financing and will not participate, it should be diluted a lot.
The Xiangjiang Vision Fund originally had US$400 million, of which US$50 million was bought in short-term options, and US$350 million was exchanged for Japanese yen and euro government bonds; later, US$200 million was cashed out from Paulson Fund and long gold, and handed over to Sun Jianhe in The United States shorted US stocks to acquire Spreadtrum.
$1 billion? Qu Liduo took a look, not to mention the option value of the three major indexes and the U.S. stocks, the long crude oil futures has already reached hundreds of millions of dollars.
"I want to donate 100 million US dollars, what do you think?" Qu Li called Chen Danlin over
"100 million dollars, didn't you say 10 million?" Chen Danlin walked up to him and touched Qu Li's forehead. This person is probably insane.
"I want to set up a charitable foundation, which will be responsible for future charitable donations. You also know that rich women are very unpopular in China. We need to do something."
"We won't talk about this, you will know later."
"Then what did you tell me?"
"I don't want to communicate with you. I want to use most of my wealth for charity. I will leave less for my children in the future. I'm afraid you have ideas."
"What does this have to do with me?"
"You don't want to have a monkey with me?"
"What are you talking about, who gave birth to monkeys with you?"
"Uh, it doesn't matter, to be honest, who else do you want to be with besides me, is it Liu Dihua, Cheng Long or Zhou Runhua, the question is do you know each other?"
"Don't you talk nonsense?"
"Then if you don't object, I'll take it as your consent."
"What are you trying to do, can I stop you?"
"Well, I can't..." Qu Li thought for a while and said seriously
"Then you still tell me!" Chen Danlin was angry, who is it?
"But you are different, I don't feel at ease if I don't tell you!" Qu Li can't let her go, but the bottom line must be adhered to. He is obviously a scumbag but wants to pretend to be a good man. He will not do this .
"My preliminary idea is this: this charity fund mainly donates to education, medical care and environmental protection. This time, it will donate 10 million to Sichuan Province. I want to donate to the local key high schools. In the future, it will mainly donate to key high schools in poor areas. Allowing them to enjoy more high-quality educational resources through the Internet can give students in economically underdeveloped areas more equal opportunities to receive education..."
"Whatever you want, I will support you..." Chen Danlin felt tenderness in her heart when she heard Qu Li's words. Although this man has various flaws, he is still worthy of her pride.
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