Author: Banlou Yaofeng

"Made, Lehman is really going to die!" Wu Hongning called, and Qu Li had to put down his work and go to Xiangjiang Association, Vision Fund, and Xiangjiang Investment.

Since August, Lehman Brothers has been negotiating with various capitals, seeking to invest in shares, including many domestic financial institutions, such as Zhongyan Securities. Unfortunately, it has experienced China investing in Blackstone, Morgan Stanley and Ping An Insurance investing in Fortis.

After the lessons of the bloody losses, the relevant departments increased restrictions on domestic capital going overseas.

Kimchi China Development Bank was the most promising and sincere candidate to take over Lehman Brothers, but Lehman’s CEO could not understand the formality. Negotiations broke down on September 10, and Lehman’s share price plummeted 45% from US$18. On September 11, it announced the third

Huge loss of 3.9 billion in the third quarter

US dollar, far exceeding previous expectations, and the stock price continued to plummet to US$4.22. On September 12, Lehman sought to be sold as a whole, but business partners terminated cooperation and switched to other securities firms and banks, and Lehman's stock price continued to plummet to US$3.65.

Qu Li originally bought short options on several stocks, and the Vision Fund was also shorting Lehman Brothers. The short selling price exceeded US$50. Naturally, he made a lot of money at this time.

September 13th and 14th were the weekends. Qu Li came to Xiangjiang. After thinking about it, he contacted Zhang Yiwen and made an appointment at Shangri-La. He had too much money and did not dare to live in a cheap place.

"Why did you come here alone?" Qu Li greeted him.

"How many people do you want to come with you?" Zhang Yiwen looked a little haggard.

"Did you abort the child?"

"No, you want me to abort you?"

"I want you to find a female life assistant to take care of you."

"Then why don't you find one for me?"

The two hugged each other and talked nonsense, but they were not ordinary people after all. In the end, they got down to business. The bankruptcy of Lehman may cause market panic. The international crude oil price fell from 140 US dollars to 101 US dollars, and Xiangjiang Investment's 20,000 hands were empty.

Single profit of US$780 million.

"How dare you take such a large amount of money without the support of Huatou?" Zhang Yiwen cried.

Qu Li has indeed been worried about making too much money from the financial market. He has 10,000 short options on crude oil with a price of 120 US dollars, and now has a profit of nearly 200 million. By the end of the year, the international crude oil price will be lower than 50 US dollars, and the profit will exceed 700 million.

U.S. dollars. And what about Xiangjiang Investment? It will be able to earn at least 1.8 billion U.S. dollars by then.

How things ended up like this, it doesn't matter at this moment, their lives will continue after all, while Zhang Yiwen's body can still bear it, they will be whipped wantonly!

"Let's buy a house in Xiangjiang." Afterwards, Qu Li planned the future of the two of them.

"Okay, I want a big house."

"Buy what you like, whether it's on the mountain top or the seaside. Do you want to become a Hong Kong citizen?"

"Why?"

"After all, power outweighs wealth in China. Xiangjiang is slightly better and more suitable for the rich."

"I haven't thought about this problem..."

"Then think about it when you have time. What do you think we can do in the future to form a thousand-year-old family like the Qian family?"

"Which Qian family?"

"Zhejiang Qian family, haven't you heard of Sanqian's name?"

"you mean?"

"In the future, I will not leave most of my wealth to future generations. At most, I will set up a family education and entrepreneurial fund. Whether they can succeed or not is up to them. This is what Chen Danlin and I said..." Qu Li said about his plan

"Lin Zexu once said something that I think is very reasonable: If my descendants are like me, they will keep their money for something, and if they are wise and rich, they will lose their aspirations; if their descendants are not like me, they will keep their money for nothing, and they will be stupid and rich, which will increase their ambitions.

Pass."

"Why don't you say you want to branch out!" Zhang Yiwen pointed out mercilessly

"You're thinking too much." Qu Li struggled to argue

"How many children do you want me to have for you?"

"Two, three? One boy and one girl?" Qu Li looked at her guiltily.

"Hmph, go and give birth on your own..." Zhang Yiwen said angrily

The next day Qu Li arrived at the location of the Vision Fund to discuss tomorrow's response strategy. If the Federal Reserve does not save Lehman Brothers, there is a high probability that the situation will be doomed. The Vision Fund is not the only one who is shorting Lehman and U.S. stocks. The interests involved are extremely high.

big.

Of course, for the Vision Fund, the money earned from shorting Lehman is a trivial matter. The real impact will come later. The privatization of Spreadtrum Communications and the acquisition of Xiangcai Securities are the big ones. When the financial crisis comes, things that seemed out of reach before will

, most of them can be discussed now.

“Does Spreadtrum’s major shareholder want to sell something again?”

"You can charge as much as you want. It doesn't matter whether the price is high or low. It won't exceed US$4 anyway."

Northern Lights may privatize Spreadtrum together with Envision. The loss will be the U.S. stock market. The stock price when listed a year ago is only US$1 to US$2. There are not many variables in Spreadtrum Communications. Even if the privatization fails, the same

Acceptable.

"What are your plans after acquiring Xiangcai?"

"After acquiring Xiangcai, we took control of Xiangjiang Investment..." Well, Qu Li thought about this sentence in his mind. The controlling right has a purpose, and the control is not in his hands, especially in this industry that relies heavily on talents. The distribution of income

Inherently inclined towards individuals who can bring profits.

Of course, what they discussed was how to make Xiangcai Securities bigger and stronger. What Qu Li understood was how to cheat this securities firm. Since it focuses on wealth management, of course it must have a fund, and it must be a fund that can make money. This is very important to Qu Li.

It's not difficult at all.

"After acquiring Xiangcai, we established several funds including US stock QDII and gold ETF..." Qu Li is full of confidence. Is there anything simpler than stock trading in the world? Who doesn't know that gold will become sky-high in price?

"What if no one invests?"

"We spend our own money." Qu Li was not afraid, what a chance, brothers!

After talking about this, Qu Li came to Xiangjiang to invest in the afternoon.

"We have contacted GLP. They are planning to sell domestic logistics real estate, but China Investment's funds are aimed at overseas. If we want to acquire it, there may be compliance risks?"

"Just pretend you don't know. When this market wave ends, will Xiangjiang Investment still be short of money?"

"Probably not." Zhang Yiwen thought for a while. In the first half of the year, he made a profit of 600 million US dollars by going long crude oil for 150 million US dollars. In the second half of the year, he went short international crude oil and dropped from 150 US dollars to around 100 US dollars. This kind of high-level private equity appears in the real world.

, it is definitely being snatched up like crazy, let alone 2% plus 20%, even a 30% profit share cannot stop the crazy funds.

For example, Wall Street's Paulson Fund became famous during the subprime mortgage crisis and reached US$36 billion in early 2008. Even if capital discriminates against Chinese women, it shouldn't be too much for Xiangjiang Investment to reach US$10 billion next year, right?

On the evening of September 14, 2008, the Federal Reserve announced that it would not provide financial assistance to Lehman Brothers. Bank of America announced the acquisition of Merrill Lynch, Barclays, Berkshire, etc. announced that they would not invest in Lehman. On September 15, Lehman

Officially applied for bankruptcy protection, and the century-old investment bank collapsed...
Chapter completed!