Chapter 403: Waiting for the Money to Come
Hearing that Xu Yiyang was going to speculate in stocks, Li Zekai was extremely incomprehensible in his heart.
At a valuation of $500 million, 55% of the shares are pledged, which is $275 million!
Directly take $275 million to speculate in stocks, is he crazy?
Stock trading is actually not so easy to make at all, $275 million is so much money, even if you lose 10%, it is $27.5 million, are you sure you can stand this heartbeat?
No one dares to say that they must make money by trading stocks, otherwise the richest man in the world is not Bill Gates, but the big guy who has been making money by trading stocks.
The stock market is inherently fast-changing, and many times it is not played according to common sense, which is extremely risky.
Generally speaking, if there are two million dollars, it is reasonable to use them to speculate in stocks, but once there are two million dollars, they will basically choose a more secure way to make money, at least a part of the stocks, with a part of the fund and investment.
If there is 200 million US dollars, it is basically a diversified way of financial management, allocating a part of real estate, matching a part of funds, trusts, insurance, and even investment and financing for some enterprises.
200 million US dollars to invest in a few promising companies, in a few years, may be able to multiply dozens of times, isn't this how Sun Zhengyi, the Asian financial superman, made his fortune?
Taking $200 million to speculate in stocks can only say that this person has a problem with his brain.
Most of the time, people are prescient, so people will choose how they think it best suits their needs.
Most people are not willing to take any risks, and would rather put all their money in the bank or Yu'e Bao, with an annualized return of less than 3%, rather than use their money to buy an annualized return of 4%, but they may have a little bit of a low-risk wealth management fund, let alone speculate in stocks;
Some people can accept a little risk, so they use their money to buy low-risk funds and make regular investments, but they don't dare to enter the stock market;
Some people can accept greater risks, so they put their money into the stock market, but the vast majority of people have less than one million chips in the stock market, and there are not many retail investors who can hold more than one million positions, even fewer if they are more than 10 million, and almost none of those who exceed 100 million.
But Xu Yiyang is different.
Xu Yiyang is the only bug in this world, just like the only plug-in in an online game that can copy equipment.
Although there is a bug of copying equipment, but the level of their own equipment is also very important, wearing cloth clothes and holding an ebony sword, no matter how much you copy, you can't make money, if you can wear a superb hand holding a dragon slaying knife, then you can make money by copying once!
Therefore, Xu Yiyang is now looking for Li Zekai to mortgage and borrow, just to get himself a piece of superb equipment before copying equipment with Bug.
Ask Li Zekai to borrow a dragon slaying knife, brush two or three dragon slaying knives, and then return his one to him.
This is called borrowing chickens to lay eggs.
Li Zekai felt that Xu Yiyang's thoughts were extremely naΓ―ve, but he didn't open his mouth to persuade him.
Because he suddenly felt that this was a good opportunity for him to directly take all of Xu Yiyang's Tencent shares.
Xu Yiyang must have felt that he could make a lot of money in the stock market, so he first mortgaged the shares to himself, and then redeemed the shares after making money, which was tantamount to borrowing chickens and laying eggs.
However, once he loses, he may not have enough money in his hands to redeem his shares.
Moreover, if he gives him dollars, he will also give himself dollars, and if he loses 10 million dollars, he must fill the hole of 10 million dollars if he wants to redeem his shares.
Under the premise of foreign exchange control, it is impossible for a young man in the mainland to get $10 million in a short period of time.
Even if he has 100 million yuan in the mainland, he can only watch when the time comes.
If he can't pay the full amount in dollars, won't the shares he pledged to his own be all his own?
Thinking of this, he was faintly excited.
Although the valuation of $500 million is indeed a bit high, Xu Yiyang is right that when housing prices rise, people who don't need money will not be willing to sell their houses.
Now that Xu Yiyang finally has a place to use money, if he doesn't seize this opportunity, then he really won't have a chance.
So, he asked Xu Yiyang: "Mr. Xu, are you sure that you are 55% of the shares, not 40%?"
Xu Yiyang said with a smile: "You should have heard from Mr. Ma, I have a bet with him, as long as Mobile QQ helps Tencent earn 150 million yuan in two years, the 15% of the shares will belong to me, as far as the current situation is concerned, in the second half of this year, the 15% of the shares will come to my name, there can be no change, it's a big deal I signed an agreement with you, if I don't get the 15% shares in the end, I will return the 15% shares to you at a valuation of 500 million US dollars." β
Li Zekai nodded lightly, there is indeed no suspense in this matter, if Xu Yiyang is willing to cover the bottom in the agreement, it will be more secure.
So he said to Xu Yiyang: "It's not impossible to mortgage, but to be honest, Mr. Xu, 275 million US dollars is so much, you can't let me borrow you for nothing, right?"
Xu Yiyang smiled: "Of course, of course, I will give you 2% monthly interest, what do you think?"
The monthly interest rate is 2%, and the annualized interest rate is 24%, which is already very high.
Li Zekai suddenly blurted out: "Really?"
2% monthly interest, $275 million, a month of interest is $5.5 million!
If Xu Yiyang mortgages his shares to himself and takes away 275 million, even if he doesn't do anything, if he wants to redeem his shares a month later, he will need 280 million!
In the unlikely event that he loses 5% of his investment, plus interest, he may never be able to redeem his shares again.
When the time comes, the 55% of Tencent's shares will be more secure!
Taking a step back, even if Xu Yiyang made money, he didn't lose anything, he made $5.5 million a month, and $11 million in two months!
You can get shares when you enter, you can get interest when you return, no matter how you look at it, you will win!
Thinking of this, Li Zekai immediately said: "OK! Mr. Xu, if you are really willing to mortgage your shares to me, then I will give you $275 million!"
Xu Yiyang was excited in his heart, and said with a smile: "Okay, then I will call the lawyer to come over tomorrow to sign a contract with you, and after the contract is signed, you will transfer the money into my personal account at Citi." β
Saying that, Xu Yiyang said again: "By the way, Mr. Li, you give me an extra million, I want 276 million US dollars, which is a whole amount with my current dollars." β
Li Zekai immediately nodded and said, "Okay! 276 million!"
......
After the meal, the two people with their own ghosts were extremely excited.
Li Zekai was excited because he thought that Xu Yiyang would inevitably get rid of it, and the 276 million was given to him, and he could not have the ability to buy it back, and then he would be equivalent to buying 55% of its Tencent shares.
Investing 20% in Tencent and taking 55% directly from Xu Yiyang is a completely different concept.
Originally, he just wanted to get on the car and occupy a seat, but he didn't expect that now he has the opportunity to become the major shareholder of the car, and it is even possible to take more shares from the Tencent team and become the owner of Tencent through the later capital increase, which makes him ecstatic.
Xu Yiyang is excited because he now counts Chen Ziqiang's $4 million, and he already has $280 million in chips.
280 million, if you don't double it, I'm sorry for the pit I dug for Li Zekai......
As soon as the money arrives, Nvidia will immediately take a full position in Nvidia, and Nvidia will inevitably come out of a big market in nearly half a month, if I remember correctly, before the Internet crash, Nvidia's stock price will climb to $75.
If you enter the market in time, you can earn at least double, or even more.
So, Xu Yiyang immediately contacted Fang Junhui and asked him to come to Hong Kong from Shenzhen early tomorrow morning to help him get the contract with the second son of the Li family.
Fang Junhui was stupid, Xu Yiyang's development speed is inevitably too fast, right? More than half a year ago, he signed a contract with the boss of a start-up company in Shenzhen, and now he is going to cooperate with the second son of the Li family in Hong Kong?
However, although he was shocked, he still did not have any doubts, and after agreeing on a reward of 20,000 yuan with Xu Yiyang, he immediately began to pack his simple luggage and prepare to cross the customs from Shenzhen to Hong Kong early tomorrow morning.
......
Recently, Xu Yiyang has suddenly become mysterious in the eyes of his fellow teachers and students from China and overseas.
After class, he disappeared and didn't eat with everyone, so I don't know what he's up to.
When he returned to the hotel, it was already late, and Hu Bingwen came to his room to find him and asked him if he had relatives in Hong Kong and why he didn't see anyone all day long.
Xu Yiyang said with a smile that he had recently met a few Hong Kong friends and had nothing to do with them a few times.
Hu Bingwen told him: "The Faculty of Arts of the University of Hong Kong is going to hold an exchange meeting on Friday, and at the exchange meeting, the Hong Kong Conference will arrange for several outstanding students from the English Department to discuss with our exchange students on the topic of Hong Kong. β
Xu Yiyang couldn't figure it out, so he asked him: "Taking Hong Kong as a topic?
Hu Bingwen said with a smile: "Anyway, we will see the move when the time comes, it is said that there will be Hong Kong media on the scene, you must prepare well, and perform well when the time comes, so as to win glory for us China and Overseas." β
Xu Yiyang smiled helplessly: "This exchange meeting sounds very watery, and there is no clear topic, even if we say let's talk about Hong Kong's economy or Hong Kong's development." β
Hu Bingwen said: "The people who participated in the exchange were all students of the Faculty of Arts, and they did not study economics and management, and they may not understand Hong Kong's economy.
Xu Yiyang nodded, and said seriously: "I understand! I know a lot!"
Hu Bingwen thought he was joking, so he scolded with a smile: "You know a fart, go back and learn more about the history of Hong Kong in the past 100 years, and behave well when the time comes." β
Xu Yiyang sighed and said, "Okay......"
After Hu Bingwen left, Xu Yiyang began to hold the computer and study the U.S. stocks that had just opened.
The Nasdaq opened today at 4646 points.
Xu Yiyang calculated that there is still 486 points of upside from the highest 5132 points on March 13, with an increase of about 10.5%.
And today, Nvidia's opening stock price is $30.188......
This price made Xu Yiyang ecstatic!
No matter how the market began to collapse on the 13th, he took Nvidia's shares and kept them until June, and waited for the stock to rise above 80 before making a move.
In this case, it can be about 1.7 times the net profit.
With an investment of $280 million, the net profit is around $480 million.
However, U.S. stocks also have the advantage of margin financing and securities lending, which increases leverage.
Financing is to borrow money directly from a brokerage firm on margin.
However, there are many references to Firstrade's margin trading, although Xu Yiyang's account opening amount is relatively high, but the account opening time is short, and he has not held stocks before, so this situation will generally be considered by the brokerage as a novice, and the financing leverage is only doubled.
For example, Xu Yiyang now has $4 million, and the brokerage can give him double the leverage, that is, $4 million as collateral, and then he can borrow $4 million from the brokerage at a higher annual interest rate.
Of course, this money is in the account and can only be used to buy stocks.
If you use the $8 million to buy stocks, the stock will naturally rise and everything will be fine, but if the stocks you bought plummeted and fell by 50%, and there were still 4 million left in the 8 million, the brokerage would force him to close the position in order to ensure that his $4 million loan would not be lost.
This is commonly known as liquidation.
After the liquidation, he lost four million, and the broker's money could be recovered.
One times leverage doesn't seem to be much risky, but there is no price limit for U.S. stocks, and if you're unlucky, it's not uncommon for it to fall by 50% in a day, so the risk is still relatively large.
However, Xu Yiyang knows that Nvidia's performance, let alone falling by 50%, it can rise by at least 150%, so he naturally has to take more chips at this time.
So he used double the leverage to raise $4 million from the brokerage.
Now the U.S. stock market is good, the financing interest rate is relatively high, and the financing interest rate given by Firstrade Securities is 10% annualized, that is, borrowing 4 million, on the premise of not blowing up, the interest on borrowing for one year is 10%, and the interest is about $1,100 a day.
Drizzle.
So, Xu Yiyang decided to put the $8 million in Nvidia.
After buying, Xu Yiyang didn't pay attention to the stock anymore, and everything was waiting for Li Zekai's money to come in tomorrow.