New York, USA.

In the office of the president of West Coast Capital, the atmosphere is a bit dignified.

"Boss, after today's closing, our fund has lost more than $12 billion. Investment Director Paul whispered.

"I see. Tony Tsai waved his hand in distraught, watching the computer see Dow Jones breaking through a new 14,000-point high, full of doubts about Liu Ruoyi's command.

If nothing else, it is estimated that it will be difficult to have a chance to turn around and make a lot of money this year.

The floating loss has exceeded 20%, and with the current market, it seems that Dow Jones still has an upward opportunity, even if there is a pullback in the future, the magnitude of the pullback will be difficult to make up for the loss. If it weren't for the smooth speculation of futures in the early stage, I am afraid that the business would have lost money this year.

Although it is said that these early profits are lost, even the principal and interest are someone else's.

But Tony Chua's team relies on dividends to make a profit.

If there is no profit, there will be no dividends.

I knew it earlier, and I would have fought hard to make a short bet on the basis of reason.

How good it is to put it on resource futures, everyone has done smoothly along the way.

The profit is more than 10 billion US dollars, and everyone has a few hundred million dollars in dividends.

Okay now, all at once, back to square one.

It's just that the current operation is completely out of his control.

The instruction given by Liu Ruoyi was to lock the position.

In other words, now, they can take a holiday every day.

Leave one person to continue to pay attention to the margin balance of each account and don't blow up.

Of course, Tony Tsai knows that it is impossible to liquidate, and it is impossible for the Dow Jones to liquidate even if it rises to 20,000 points.

The total number of bearish financial market targets held by West Coast Capital is more than 150 billion US dollars, of which more than 50 billion subordinated debt derivative financial products are still leveraged as high as 100 million, and a total of only a few billion funds are occupied.

The remaining short positions of nearly $100 billion in the stock market are only more than twice leveraged, and even the minimum warning level has not been reached.

Unless the stock market goes crazy and doubles, it can lead to a liquidation.

Of course, Liu Ruoyi is very aware of the high risk of shorting, in fact, among the financial cases she studied, nine of the ten famous cases of shorting in the market were lost.

Because of this, people often see that in the big fall, it is really rare to be profitable.

On the contrary, in the process of rising, there are a lot of people who lose money, and this simple phenomenon profoundly illustrates how difficult it is to go short.

If it weren't for Liu Ruoyi's observation that many indicators are exactly the same as her own time and space, including the unprecedented high of U.S. lending rates last year, overturning the decline in U.S. housing prices since 2006, mortgage risks have been emerging.

Even HSBC, a financial veteran, had earlier increased bad debt provisions for the subprime mortgage business, and even in March, the second-largest subprime mortgage lender in the United States declared that it was on the verge of bankruptcy!

All of this shows that it is still the same as in the previous life, and Liu Ruoyi began to make Tony Tsai short on his side!

It took almost three months to hit various short positions to the current staggering size that has not yet been discovered.

However, Liu Ruoyi underestimated the impact of this decision on Tony Cai.

The aggressive improvement of the Dow Jones index has caused the loss of short positions to increase almost every day.

The bad news about U.S. real estate doesn't seem to have any effect on the Dow Jones, and even the bad news for the second-largest subprime mortgage lender is that the Dow Jones faked a fall and quickly picked up the rally.

13,000 points high!

13,500 points all-time high!

...

It even broke through 140,000 points by mid-June!

Unbeknownst to Tony Tsai, Liu Ruoyi had built a huge short position in the US West Coast capital.

Relying on Yongxiang Securities and Cornerstone Investment, there are also short positions of almost the same size in hand.

In the face of this unprecedented financial crisis opportunity, Liu Ruoyi basically went all out to gather wool.

This kind of opportunity is only once in their lives.

Because of the importance involved, Liu Ruoyi didn't say anything about it.

It's just that one person silently commanded his own funds to rush to the front line, quietly becoming the biggest short in the current financial market.

On the other hand, Yongxiang and Xinglong, which have formed strategic partners, have become the leaders of the SME business in the mainland.

Relying on Mr. Ma's B2B business data mining, the funds borrowed by Xinglong Bank from Heung Kong Yongxiang are widely distributed to many small and medium-sized enterprises with active businesses.

Relying on the risk control of 2 points higher than normal loans, it has greatly seized the original market of loan sharks.

With its outstanding SME loan business, Xinglong Bank's interest rate spread is nearly 2 points higher than that of its peers, and of which, 1 point of space is reserved for Yongxiang Bank, the fund provider.

Yongxiang Bank, which has total assets of more than one trillion yuan, has invested 300 billion yuan to enter the mainland market in disguise, and has vigorously developed the consumer loan market in Xiangjiang, Southeast Asia, Baodao and other places.

Most of these are still carried out offline, and online, Liu Ruoyi copied the Shang e-commerce supported by a certain model in Xiangjiang, targeting the middle-class consumer market in Xiangjiang and Southeast Asia and Baodao.

Rely on the highly competitive commodity supply chain provided by the mainland. And invested heavily to establish a logistics system covering these regional cities, and now the annual sales have exceeded 20 billion yuan.

The price is more than 10% lower than the market, 24-hour delivery, cash on delivery is provided, and there is no reason to return it within 15 days......

Familiar formula, thoughtful service, is still quickly emerging, users exceeded 50 million, although there is no profit yet, but the valuation has already exceeded 30 billion Hong Kong dollars!

This monster, which has never appeared in the original time and space, relies on Liu Ruoyi's golden finger to grow savagely, and then VIP paid members, high-frequency user consumer loans directly online payment......

All kinds of online businesses are unfolding in an orderly manner. Obviously, it will be the leader of the online business in the developed regions of Southeast Asia and the three places abroad.

In terms of burning money, there are few things that can be compared with Liu Ruoyi's net worth now.

The most important thing is that the financial queen is now more than just a title, and there is a gradual tendency to become a totem and a myth.

Like a certain superman.

The development of PCCW has once again verified the magic of Liu Ruoyi.

In the future, people do not know what amazing chemical changes will occur between Yongxiang and Shangpin.

It's just that Liu Ruoyi hasn't let Shangpin carry out third-party store business yet, and she is still asking people to investigate the feasibility of this kind of C2C business in Southeast Asia.

From the point of view of rational analysis, this market should not have the kind of survival soil in the mainland, after all, the channels for obtaining commodities are too weak, and the price advantage and product advantage cannot be made.

It's just that Liu Ruoyi feels that these regions have their own unique things, and it is not possible to conduct business locally, and perhaps it is possible to trade in different places, provided that the two-way logistics in this era should find a good solution.

At present, the channels of Shangpin only cover developed cities. Rao is so, this system has spent tens of billions of funds for more than 2 years to build a prototype.

The premise of the 30 billion valuation is based on the logistics that Liu Ruoyi burned more than 10 billion.

Fortunately, now that the foundation has been laid, Liu Ruoyi has obtained a 6-month account period under the guarantee of the goods in various regions, which has created the necessary external conditions for the detonation of this transnational e-commerce.

In terms of publicity, ATV spared no effort to open a separate shopping channel to cheer for Shangpin, in addition, up to 100,000 localized express delivery teams also undertook the task of pushing.

Dressed in uniform overalls, they distribute advertising posters for popular products in the local area, and haunt the middle-class settlements every day......

The prospect of doing manual work in the hope of getting white-collar wages has allowed the Shangpin army to evolve into a passionate team under the guidance of the teachers sent out by Xiangjiang.

The penetration rate in developed areas such as Xiangjiang, Las Vegas, Treasure Island and Lion City soon reached more than 50%, and almost all users with computers and Internet access at home have opened their own Shang accounts.

Because the price of the above things is so attractive.

You can take advantage of it without leaving home, this kind of good thing is not a scam, and the development speed of Shangpin is naturally like flying.

According to Liu Ruoyi's stock price, even if the number of users enters a period of stable development, once the average consumption of users exceeds 800 Hong Kong dollars per year, that is, the sales exceed 40 billion per year, Shangpin can make a profit.

Although this goal seems a bit challenging now, it is not impossible.

The economic level of these regions is still developing steadily, and the number of users with computers and Internet access will also increase.

Liu Ruoyi didn't think there would be a problem in this direction. Now she is constantly burning money for Shangpin to maintain it through blood transfusions.

However, Liu Ruoyi's tens of billions of funds sneaked into the mainland stock market have now been as high as 150 billion yuan in profits after retreating one after another.

In addition to promising Zhang Rujin to invest in Zhongxin International at the same time, he won a considerable share to support Zhang Rujin to control the overall situation of Zhongxin International in the mainland.

In addition to buying a house, Liu Ruoyi didn't know what else to do, and one after another commercial office buildings became the assets of several companies under Liu Ruoyi, and she began to live as a chartered wife.

There is no way, as many as 1,000 Aurora cinemas have been built, and it can no longer accommodate so many new assets of Liu Ruoyi.

If it weren't for Zhang Rujin's busy rotation, Liu Ruoyi would definitely suggest that he set up a memory factory in the mainland or Xiangjiang again, when the era of mobile communications arrives in the future, nothing else is clear, Liu Ruoyi knows that memory must be a very profitable thing.

It's just that the technical content of this thing is too high, and it is definitely not something that Liu Ruoyi can handle by herself, this is not like Shang Mall, the idea is right, and the following executive team will have good results if it is strictly implemented.

Without the support of a titan like Zhang Rujin, it is not easy to find a qualified production line engineer Liu Ruoyi, not to mention more important research and development.

But this can't be done, Liu Ruoyi in the mainland electronics industry knows so much, and there is really nothing reliable in her memory, so now Liu Ruoyi also knows that she is in a hurry, and she will wait for Xiangjiang Zhongxin International to get up and see if there will be some chip design companies coming out around this first-class foundry.

As long as there is a company that is up-and-coming, let Master Zhang see how reliable it is, Liu Ruoyi will not hesitate to burn a lot of money to send them to become gods!

Computer CPU and memory opportunities are not a good chance anymore. However, the mobile era has only started from the launch of the fruit machine this year, and the chips and mobile phone memories needed for mobile communication are a big opportunity, and I hope someone will see it.

After putting PCCW on the right track, Liu Ruoyi didn't want to manage daily affairs, so she quickly assigned all the daily affairs to a few vice presidents.

On the one hand, I am self-cultivation, and on the other hand, I am constantly learning the financial and technological knowledge of this period.

In traditional industries, such as real estate, Liu Ruoyi will never get involved in specific things such as buying land and building real estate companies.

She would rather buy an existing building and stock it up.

Of course, this is also the reason why there is no conflict between Lao Li and Liu Ruoyi now.

Originally, Lao Li saw Liu Ruoyi's sudden rise from Xiangjiang, and he was very worried about his own industry, with the urine nature of Xiangjiang people, the industry that he could think of after making a fortune was to play real estate.

But many years have passed since Liu Ruoyi made her fortune, and Liu Ruoyi has not even cared about any real estate company.

In addition to the Aurora Cinema Line has sold a large number of commercial real estate, people have not found that Liu Ruoyi has made any achievements in real estate.

Otherwise, with Liu Ruoyi's assets, if he really enters the real estate industry, Lao Li is worried that the real estate rivers and lakes in Xiangjiang will be reshuffled!

In fact, with Liu Ruoyi's original intention, in addition to the entertainment industry, the Internet and finance, she doesn't want to meddle in other industries.

It was only by chance that he became attached to the chip, and then had to take over the big pit of PCCW, and plunged into the science and technology circle.

This industry is too new to Liu Ruoyi, and she knows almost nothing about technology.

In terms of business model, I recalled a certain operation method in the last time and space, and sure enough, it still worked very well, and in one fell swoop, the big hole of PCCW was seen to have a chance to be filled.

But when it comes to chip processing, Liu Ruoyi is not sure at all in her heart now.

So she has to hurry up and make up for the class, at least to understand how to play the current chip processing rivers and lakes.

Liu Ruoyi is not afraid of burning money, but he is afraid of burning in the wrong direction.

Although Liu Ruoyi has the impression that Mr. Zhang Rujin should be a very reliable person, but completely pinning her hopes on one person, Liu Ruoyi feels that it is still a bit too risky.

So she has to learn and learn on her own.

In the case of a last resort, she has to take action in the big pit of Xiangjiang Zhongxin International.

studied at home, until one day Vivian brought a business plan that broke Liu Ruoyi's peaceful life.

Under normal circumstances, most of the venture capital matters can be decided by Chu Jinyu in one word, and Liu Ruoyi will probably make a final ruling at most.

Except for extremely special circumstances, Liu Ruoyi will only see something as primitive as a business plan, because it means that Chu Jinyu has almost no concept but thinks it is important.