Reborn Entrepreneurial Giant

Chapter 169 Arrangements

"I have already contacted several major shareholders of Spreadtrum. I was planning to acquire it. I didn't expect Spreadtrum to go back to China and suspend the transaction because of the decline in performance and stock price..." Sun Jianhe returned to China and came to Yangcheng and Qu Li to report. The size of the fund he is responsible for has exceeded 300 million US dollars.

"Do you have any plans for your future work?"

"Spreadtrum has not acquired yet..."

"The founders of Northern Lights and Wu Pingping are on our side. You can give my name to contact them."

"..." Sun Jianhe was stunned. Qu Li had done things ahead of him in such a quiet manner. Thinking back to some operations in the United States, he was somewhat fortunate. For shorting U.S. stocks, although Lehman Brothers is the main target, all the targets mentioned by Qu Li have been included.

"Then Spreadtrum can't escape. Are we going to delist Spreadtrum?"

"Wait, I want Spreadtrum to acquire Texas Instruments' baseband business."

"Is there enough money for Spreadtrum?"

"We will pay for targeted financing, but we must first become the majority shareholder of Spreadtrum."

"Okay, I know how to do it." Sun Jianhe really knew

Qu Li communicated with Sun Jianhe about some things about him and Lehman Brothers, such as taking over the shares of Jumei and Glory. Although Andrew did not give him a clear answer, they will always make more preparations when there are frequent negative news about Lehman Brothers these days of.

"Lehman holds 15 million Jumei shares, which is 150 million based on 10 US dollars; 20 million Glory shares, which is 160 million based on 8 US dollars. Where does the money come from?"

"Qian, you'll find out soon." Qu Li didn't hold back

After escaping from Jumei, he came to Xiangjiang, where Zhang Yiwen was waiting for him. When the time came to June, the international crude oil price rose to around US$135 and began to trade sideways. Unable to grasp it, Zhang Yiwen notified Qu Li to come over.

"Start clearing positions above $135, don't worry, sell 1,000 lots a day."

"Okay." Seeing Qu Li, Zhang Yiwen felt inexplicably at ease

Xiangjiang Investment was responsible for this transaction and charged a fixed fee. They invested US$150 million to open 10,000 lots at US$90 and 3,000 lots at US$100. In the next few days, the 3,000 positions at a cost of 100 US dollars were cleared, making a profit of 100 million US dollars.

"There are still 10,000 hands. Even if we go all at 135 US dollars, there will be a profit of 450 million US dollars. It is indeed enough!" Sun Jianhe used to do mergers and acquisitions, and he rarely came into contact with this simple and direct gambling, which is really exciting.

"Help me contact the major institutions. I want a lot of short options until the end of the year." Qu Li told Zhang Yiwen that at this time and at that time, he is now strong and strong, and he doesn't need to come forward for anything, and he will soon convert a large amount of cash into assets. , naturally a lot more courageous.

"Short, is it appropriate?"

"Do you really want the global economy to collapse?" Qu Li said with a smile. Could he be sure? This result can be deduced from various aspects. With the financial crisis, the global demand for crude oil will drop...

A barrel of crude oil at US$130 will really drag down the economies of many countries when there is no currency spam. For example, high freight costs, a large part of which is handed over to oil. The prices of various chemical raw materials remain high, and the price of clothes will soar.

"Do you think international crude oil will fall before the end of the year?"

"At least it won't be higher than it is now."

"Then I'll arrange it."

"Um!"

"Wait, do we want to go short?"

"Um, do you know where the highest point is?"

"Then what to do?"

"I don't know much about stock trading, let alone futures trading."

"Okay, okay, stop pretending."

"What are you pretending to be, I don't understand what you are saying."

"I beg you, good brother..." Zhang Yiwen approached Qu Li in a coquettish voice, making him shiver with cold.

"After cashing out all the stocks, you can try to short a small amount, and then wait for the signal from Wall Street."

"What signal?"

"How do I know? It could be a big company going bankrupt, it could be something else, but it's news that can have a huge impact on commodity prices."

"Oh!" Zhang Yiwen nodded, he didn't know whether he understood it or not. Qu Li didn't understand it himself. In fact, he could say that if the international oil price is close to 150 US dollars, he can go short, but wouldn't that be a magic trick? ?

Sun Jianhe did not leave in a hurry. After arranging chores, Qu Li and Zhang Yiwen discussed the future development together.

"Lehman Brothers' credit rating down, second-quarter loss of $2.8 billion, firing of CFO and CEO, looks doomed."

"How many shares of Xiangcai Securities did they buy?"

"There is no share. It is mainly a policy issue. I have negotiated with several shareholders, but now it seems that there is no way."

"Is there anyone looking for us?"

"Of course there is."

"Then take it down."

"Wait no longer?"

"What are you waiting for, the stock price is falling?"

"Should we introduce state capital now, or wait until later?"

"Is there any difference?"

"Introduce state-owned assets now, and we need the approval of state-owned assets to adjust Xiangcai Securities. In the future, as long as they want to buy shares, they will most likely listen to us."

"Then let's buy it wholly."

"Up to $3 billion, about $440 million."

Qu Li knew the meaning behind this sentence. The acquisition of the shares of Jumei and Glory would cost about 310 million U.S. dollars, adding 440 million, it would be 750 million U.S. dollars.

But this time crude oil futures trading profit may reach 600 million U.S. dollars, and there are 350 million U.S. dollars worth of Japanese yen and euro government bonds, plus Sun Jianhe's 300 million U.S. dollars of rich people, which is close to 1.3 billion U.S. dollars.

Qu Li also has 50 million US dollars of stock index short options, which are now worth 300 million US dollars, and the value may reach 600 million US dollars after expiration.

"Don't worry, we have money." Qu Li said boldly

Sun Jianhe originally thought that this was just a false statement by Qu Li, but he didn't expect it to become a fact soon. Wu Hongning took the initiative to come to the door and asked if Xiangjiang Investment needed funds.

"What's wrong with you?" Qu Li looked at Wu Hongning with a downcast face.

"Hey!" Wu Hongning continued shaking his head

"What's the matter? I was wronged in Huatou, and it's useless to find me."

"No, the two investments I led in the United States, one was to invest in the Paulson Fund, and I made a profit of 1.5 billion U.S. dollars. It has not yet come out, and there is a high probability that I will make a profit this year, and I made back the money I lost in investing in Blackstone; the other time It is to buy CDS and earn more than a billion dollars.

As a result, I was still not allowed to be responsible for the negotiation of buying shares in Morgan Stanley, which is really deceptive. "Wu Hongning said with joy

"Damn it!" Qu Li quickly kicked him. It turned out that he came here to show off. Buying shares in Morgan Stanley is not a simple financial investment.

"Has the investment in Xiangjiang made money?" Wu Hongning didn't mind at all.

"Don't worry, I don't earn as much as you." Qu Li will not be hit by him, a lot of this kid's investment is made by him.

"How much did you earn?"

"Investment of 150 million U.S. dollars, profit of more than 500 million U.S. dollars."

"..."

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