Chapter 663 Benefits of Picking Up for Nothing, $8 billion

Hu Yang let go of the microphone and waited for a while before he continued: "Old Yu, start buying Yamason's shares immediately, and don't wait for the delivery date of the put options, sell them all." ”

Calculated from the current point of the Dow, the space below is actually not too large. Maybe a few hundred, maybe a thousand, but there could be a retaliatory rebound at any time.

Hu Yang was not interested in gambling on the last profit, so he directly ordered Yu Hongbo to settle down.

For put options, Hu Yang bought a total of 40 million options, with a premium of $5 per and a target price of $75.

When the price of the underlying stock falls below $75, the deeper it falls, the higher the premium price.

Yu Hongbo sold all the way, and the final average price was $68 a piece. Excluding the cost of $5 per warrant and excluding the handling fee, the warrants achieved a net profit of $2.48 billion.

By this time, the win was sealed. As for the 40 million shares of Yamason's stock, you can buy it slowly, but the price is a little higher or lower, and it will not affect the overall situation.

"Mr. Hu, Mr. Chen's phone number. ”

Hu Yang ended the call with Yu Hongbo, and Wu Xinhui handed over the mobile phone.

"Chen Shao, it's done?"

"Of course, I'm almost in sync with you. Hehe, this order is not less profitable, it is really a joy for everyone. ”

Chen Jialin laughed, and didn't say too specific, but Populus euphratica could almost guess it.

In view of the timely communication of information, there is indeed not much difference in the operation time.

"Well, now that you and Mr. Xia can increase their efforts, I estimate that many companies in Europe will have a harder and harder time. I'm not going to talk to you yet, I've got to sleep for a while. ”

Hu Yang's cooperation with Chen Jialin over the years has always been very tacit.

Some of the words are not easy to say on the phone, but the meaning is already in place, that is, to speed up the acquisition action.

This time shorting U.S. stocks is really not the most important thing, at most it can be regarded as a convenient benefit.

The most important thing is to take advantage of the financial crisis that originated in North America to buy some companies that you have wanted for a long time at a low price.

Of course, large enterprises don't have to think about it, and people may not be able to bear it. Even if it can't bear it, for many reasons, it is impossible to agree to let Huijia acquire it.

Europe is better than North America in terms of domestic defense, but there are also many rules and regulations that are not easy to break.

But for some small and medium-sized enterprises, the problem is not big.

For example, some small-scale precision machinery enterprises, although not very famous, often have a few unique skills.

For example, some semiconductor material technologies, some European companies also have their strengths.

And these small but refined techniques are exactly what Populus euphratica needs.

"Mr. Hu, go and rest, I'm delaying for a while, but it's about to dawn." ”

Wu Xinhui cleaned up the study, and saw that Hu Yang was still sitting there pondering, so she reminded her in a whisper.

"Oh, well, you go sleep for a while, too. You don't have to get up too early in the morning, let's get to the company at 10 o'clock. ”

Hu Yang yawned, then got up and went back to sleep.

Three days later, Yu Hongbo, who was full of spring breeze, came to Hu Yang's office.

"Boss, all 40 million shares of Yamason have been bought, and the average transaction price is $43.

Previously, our selling price was $95 per share, not counting various expenses, and this one out and one in, a total profit of $2.08 billion.

I did the math, and this time we made a profit of $3.6 billion on Dow futures, $2.48 billion on put options, and $2.08 billion on Yamason stock, for a total profit of $8.16 billion.

Excluding the interest on bank loans of $25 million, taxes and fees are about $35 million, and the net profit is basically $8.1 billion. ”

Yu Hongbo had prepared the information before he came, and the transaction records and ledgers of shorting U.S. stocks this time were listed in detail.

The funds have been transferred from the securities and futures accounts to the US dollar account of Walkers International Investment in Heung Kong.

The $5 billion loan borrowed, Hu Yang has been repaid by Huijia International Investment.

At that time, when I borrowed money, I said that it was a short-term loan, and the longest loan period was no more than six months, and I could repay it in advance.

Hu Yang pondered that it will take some time to negotiate with the European side, and the specific amount of funds needed is still unknown, and whether a loan will be needed will be discussed at that time.

"Lao Yu, this time you did a very good job. You and your team have also worked hard, and it's not easy to stay up late for months on end.

In this way, you can rest for a while, and I will give you 20 days of paid leave, so you can take your family out and have fun. In addition, I will ask the finance to give you a bonus of 25 million yuan as a reward. ”

Hu Yang smiled and nodded, very satisfied with Yu Hongbo and his team.

"Boss, it's all up to you, and we just do what you order, and we can't afford your compliments. ”

Yu Hongbo's heart blossomed, but he still had to be modest.

"Hehe, you old Yu! Okay, I'm not the kind of guy who has to take credit for everything. So, you don't have to compliment me like that.

Go ahead and share the good news with your men, and they will rejoice with you. ”

Hu Yang scolded with a smile and waved his hand away from Yu Hongbo.

In fact, he knew that he was not a genius, and the extra part of the knowledge in his mind was becoming more and more insufficient.

What he relies on is the entire Huijia system and this capable and executive team.

......

Xia Bing and Chen Jialin continued to stay in Europe for another month, and finally negotiated three of the five companies they contacted.

One of the precision machinery companies, the technology they have, is very meaningful for Bolong Optics. Previously, Bolong optics and microelectronic equipment were very headaches for suppliers of the mechanical part of high-end lithography machines.

The German side not only has high prices, but also is restricted by North America from time to time, and the supply is in an intermittent state.

However, the domestic substitution is not satisfactory, mainly because the accuracy of the equipment is not enough, which will have some negative impact on the performance of the lithography machine.

The European company acquired by Hu Yang this time can just make up for the shortcomings of the previous one. The company has its own pride in the field of pneumatic bearings.

High-end lithography machines are a very complex thing, otherwise how can they be called "the crown jewel of modern industry"?

It has a complex structure and is divided into several subsystems. For example, the alignment system like it has very high requirements for accuracy, and in the process of moving, there can be no vibration.

Previously, Bolong optics and microelectronics failed to solve this problem, so they have been subject to German companies for a long time.

And this time, after Hu Yang acquired this European company, he was ready to find a suitable precision machinery company in China to cooperate.

Of course, this matter is not urgent, and it needs to be carefully investigated.

The other two companies acquired are both companies in the semiconductor field. It is not the world's top company in terms of technology, but it can just make up for the shortcomings of Huijia.

This acquisition, a total of $8.7 billion was invested, which can be regarded as a bargain.

These three companies, if they had been before the financial crisis, would not have been able to sell $18 billion. However, due to the impact of the financial crisis, the global economy has been hit hard, and these companies really can't get past this hurdle.

With the $8.7 billion acquisition, Huijia International invested $8.1 billion, which just happened to invest the proceeds from shorting U.S. stocks. Boulder Technology contributed $400 million, and Chen Jialin's own fund contributed $200 million.

After signing the contract, the rest of the matter will naturally be handled by a professional team, and Chen Jialin and Xia Bing returned to the deep sea by business jet.

"Mr. Xia, Mr. Chen, you have worked hard! Come, on behalf of everyone, I would like to toast you and congratulate you on your outstanding completion of the acquisition task. ”

These companies were the most wanted enterprises within the scope of Populus euphratica at that time.

Needless to ask, Xia Bing and Chen Jialin have also put a lot of effort into these companies, and the hard work has paid off.

"Okay, the toast will be represented by Mr. Hu, don't come to the wheel war. Come on, it!"

Xia Bing is worthy of being a "heroine among women", and she took a sip of the wine glass.

Chen Jialin and Hu Yang were one step behind, but they immediately drank the wine in their glasses.

Originally, Yan Hanzhang and Gao Mingkang were going to toast the two of them separately, but when Xia Bing said this, they could only give up.

To be honest, no matter which of them and Xia Bing fight alone, they can only raise their hands and surrender. Can't be wheel-fighting, who will drink with you, the "big barrel"?

Today, Meng Ruisong and Zhang Xiao also rushed over from the magic capital.

The acquisition of Huijia International Investment-based is closely related to Xintong International and Bolong Optics, so they cannot ignore it.

"Mr. Meng, Mr. Zhang, this second cup is represented by you. Anyway, just toast three glasses of wine, and then you love it. ”

Hu Yang did not continue to raise a glass and gave this opportunity to Meng Rusong and Zhang Xiao.

"Mr. Hu, you are a little biased! Otherwise, how about giving me the right to toast for the third glass?"

Yan Hanzhang didn't forget to join in the fun, their gang of people actually didn't have any rules for drinking, they just got used to making trouble.

"Hehe, it's rare for the boss to toast in person, you have taken away all the opportunities, so don't ask me and Mr. Xia if they agree......?

Chen Jialin felt that the atmosphere was not enough, so he proposed that everyone have a glass together, and jointly wished all the enterprises under the Huijia system to go to glory.

Next, Hu Yang became a supporting role, Yan Hanzhang, Meng Rusong and Zhang Xiao chatted with Xia Bing and Chen Jialin.

For Huijia International Investment to pick up a bargain in Europe this time, all hearts are on fire.

However, M&A, especially international M&A, is not their area of expertise. But that doesn't stop them from being willing to listen more.

But as he spoke, the topic went off track.

A group of people surrounded Chen Jialin and listened to him talk about the success of shorting US stocks this time. The attraction of this matter is even greater than the previous topic, after all, they have invested money in Chen Jialin's fund.

This time, Chen Jialin bought $30 million in put options, or 6 million contracts. It also opened a short order for 5,000 lots of Dow futures contracts, investing $2.5 million.

The remaining nearly $70 million is ready for margin calls, which is also essential, otherwise the position may be liquidated in minutes.

In fact, Chen Jialin's preparations are far more than that, and he even has a way to mobilize hundreds of millions of dollars in a few minutes.

It's just that this time Hu Yang, Yu Hongbo and others saw it very accurately, and Chen Jialin's follow-up measures were not used.

Put options, Chen Jialin earned $360 million, and the Dow futures contract earned $170 million. Excluding expenses and capital costs, net profit was $520 million.

"Come on, let's stop chatting and farting, and toast Mr. Hu and Mr. Chen together. If it weren't for Mr. Hu's care and Mr. Chen's concern this time, where would we have come up with such a big benefit?"

In fact, everyone knows very well that although the fund is led by Chen Jialin, it has been tacitly approved by Hu Yang.

What's more, all the shorting of U.S. stocks was planned by Hu Yang behind him, and Chen Jialin just followed suit.

Yan Hanzhang took the lead in raising his glass, and Meng Rusong, Gao Mingkang and others immediately followed, expressing their gratitude to Hu Yang and Chen Jialin very sincerely.

Hu Yang smiled, didn't say anything, and did it with everyone.

These people can be said to be his confidants, and there are some people who did not come today, but they will also count in their hearts.

After eating, everyone was still very excited, but they didn't want to go to too noisy occasions, so they went to the holiday villa by the sea together.

Xia Bing, Gao Mingkang, Yan Hanzhang, and Zhang Xiao were playing cards, and Meng Rusong and Hu Yang were sitting in the living room drinking tea.

"Mr. Meng, do you have any thoughts on the semiconductor raw material companies I acquired this time?"

After the acquisition, there will be no problem in operation. Seeing Meng Rusong at the wine table just now, he seemed to be very interested, so Hu Yang asked.

For Hu Yang, it doesn't matter if the acquired company is under the Huijia family, or even on the periphery.

"Mr. Hu, our Xintong International is a pure wafer foundry enterprise, not a diversified enterprise group like S Star. Therefore, as long as it can ensure the security of supply in our industrial chain, I do not plan to participate. ”

Meng Rusong expressed his attitude, he did not plan to participate.

"Well, that's fine, it's also a good choice to focus on one thing and do it to the extreme. Go back and introduce me to two related domestic companies, my purpose is also to consolidate our supply chain. ”

The acquisition of foreign enterprises, and the further establishment of joint venture factories in China, this is the number of Populus euphratica.

You can't just empty people out of the company after you come back from the acquisition, right? Let's not say that foreign laws and regulations allow this to be done, won't you leave a stain on the international community by doing so?

Therefore, it is very wise to ensure the normal operation of the acquired company, and then extend it to China.

Otherwise, the mere layoff can make you scorched.