Chapter 255: It's better to be raw than cooked

"Of course, there is the possibility of cooperation. ”

Of course, Joshua Han had to find a suitable collaborator, he was a layman, and he really couldn't play with the U.S. stock market, which is a mature market with many cumbersome steps and rules, which he must abide by but is not yet familiar with.

It is better to use raw than cooked, and it is better for him to know more or less about Halm than to change to a collaborator who knows nothing.

"Mr. Han, you can tell me what you think, I see what I can do to help you,"

Halm's eyes lit up, and that was what he was waiting for.

"Well, please tell me, I don't know what to do to short the NASDAQ,"

Han Zhifeng asked.

"Do you feel like tech stocks are going to crash,"

Halm is very quick to react as a professional.

The NASDAQ is known for its many Internet technology stocks, Han Zhifeng has made Yahoo stocks, and the income is amazing, it is obvious that he has a very professional eye for Internet technology stocks, so he shorted the Nasdaq index obviously foresaw that the overheating of technology stocks has reached a limit.

In fact, there is a consensus in the circle, the bubble of technology stocks is too big, the pessimistic statement that this bubble will burst sooner or later has been circulating for more than a year, and even intensified in the last six months, but the performance of technology stocks has been relatively strong, so that countless expectations have been disappointed, which makes them the so-called professionals who have never experienced the baptism of Internet technology stocks are also very distressed, this is a train that is constantly accelerating and running crazy, everyone knows that it will slow down one day, but no one knows when, there are already estimates that have repeatedly failed, so that many experts' predictions have become a joke, and now almost no one can predict the exact time。

"Yes, I feel like I've reached a limit, all the potential of tech stocks has been exhausted,"

Han Zhifeng gave an affirmative answer, of course, yes, because it was something that had already happened.

Halm's mind flashed, believe it or not, to be honest, if he simply wanted to earn fees and service fees, he didn't need to rush like this, his purpose was also to take advantage of this opportunity to make a lot of money.

For example, if this expectation comes true, he can also use this opportunity to tell many of his customers to sell the relevant stock immediately, avoiding some customers from big losses, just this is enough to make these customers grateful, and these customers may turn into his loyal customer resources.

Another example is that he can use this opportunity to also short the NASDAQ index, yes, according to the regulations, he is not allowed to enter the operation, but there is accommodation in this world, he can completely hand it over to stakeholders to deal with, and he has no relationship on the bright side, this is the so-called exchange of interests, in short, all kinds of prospects are very attractive, the premise is that Han Zhifeng or the team behind him is accurate, this is his decision.

'Mr. Han, this time your colleagues are so sure that the opportunity has come, there is a big debate within our company, including several other major investment companies, and it is not easy for anyone to convince anyone, do you have a similar debate there?"

Halm asked slyly, hoping to elicit some counterattacks from Han Zhifeng, and even the people or things that guided Han Zhifeng's success, so as to judge.

"Our opinions are quite unanimous, there is not much basis, it has nothing to do with the Fed's interest rate cuts, it has nothing to do with liquidity issues, it is simply that an unproven high-tech stock has been running wild for two years, it is tired, and it needs to rest and adjust, it is as simple as that. ”

Han Zhifeng made up a fiction of us, since the other party doesn't believe that he alone can make such a judgment, that's good, let the other party think that it's a group, Halm and others think that it will make him a lot less burdened, and he has to thank him.

Halm and Han Zhifeng looked at each other for a moment, and in Han Zhifeng's smiling eyes, he saw some emotions, but he did not dodge, Halm thought about it,

"So if I have a friend who wants to join in, I don't know if it's inconvenient, he only has half a million dollars,"

"Welcome, it's only half a million dollars, if it's five million dollars, I won't agree, because you know that the regulatory departments at all levels in the United States are not vegetarians,"

Han Zhifeng said with a smile.

Although the U.S. stock market is huge and has many market segments, attracting investors from all over the world, it is not easy to make huge profits in it.

Han Zhifeng has a deep understanding of this through the information transferred by Kong Miao in the past year.

For example, if you are short the NASDAQ index, it is not possible to leverage 100 times, but it is high to be able to leverage 30 to 50 times to leverage short and long.

The average investor is just shorting twice to five times.

And the odds that Joshua Han can use Merlin's relationship to get fifteen times the leverage are the apex.

Therefore, Han Zhifeng and Halm are not cooperating with each other, and it is really difficult to obtain such a qualification for investment without the cooperation of an acquaintance.

It's too late to find someone temporarily, and he doesn't want to continue to look for a suitable investor, he really doesn't want to be an investment predator under fluorescent lights, which will expose him to fluorescent lights, and he only needs to make a fortune quietly, and not attract the attention of relevant parties in the United States is the first place, after all, his investment road has just begun, and he doesn't want to be monitored and guarded against all the time, which will have an extremely adverse impact on his financial investment and M&A personnel recruitment.

Not to mention that it is unacceptable to be looked at differently by government departments in China, and it is the same in the United States, if the US government determines that a company or individual is an alternative, then the company will have no future in the United States.

Halm and Han then talked about the next steps to invest.

It was determined that $55 million would be invested in the venture, and Han raised all the funds, except for the funds that Xin Feng and Blazing Feng could operate normally.

But you won't put all the money into the risk, because that's not possible.

This short stock index is not a casual operation, there is also a line, that is, there must be a margin, if the stock points to the opposite direction of the short and long, then there is no margin then two percent of the shock will also let the investment principal be swallowed up.

Therefore, there must be a margin collateral that can offset the shocks in the opposite direction. Of course, if you are completely sure of this deposit, you can only pay 5% to 10%, if there is no complete guarantee, then 50% or 100% margin is also possible, and the safety of the funds must be guaranteed.

Now Han Zhifeng and Halm have determined the amount of the deposit.

After listening to Halm, a professional, explain all the rules, and looking up all the information on the Internet, to prove that Halm's statement was not wrong, he decided to leave a deposit of 5 million and put 50 million into the market.

When he made up his mind, Halm stared at Han Zhifeng,

"Mr. Han, you have to be sure that if the index rises by more than ten percent, your principal and margin will disappear, and you will be left with nothing like a beggar on the street,"

His words were thoughtful, but Han knew he had another meaning, and he was testing his resoluteness to see if he was sure or if he was also moving forward in temptation.

For example, you can keep the margin at 100%, 25 million investment, 30 million as the margin, which is very safe.

But if the Nasdaq falls, the profits will be reduced a lot, and it is revealed that Han Zhifeng does not have absolute confidence in this.

If he finds out about Han Zhifeng's hesitation, then he may weaken his support for Han Zhifeng, maybe it is nothing, and maybe it will drag his feet when it is crucial.

"I don't think there's any problem, but I have the final say on the time to get in. ”

In fact, what Han Zhifeng wants to say most is to leave a margin of 10 million to ensure that the Nasdaq index will not rise by 20%, and at a time when high-tech stocks are starting to weaken, it is impossible for such an upside to be brought by high-tech stocks.

But 10% is a little unsafe, who dares to say that there can't be a small spring at this time, it is not easy for Han Zhifeng to remember a few key nodes, he doesn't know if the NASDAQ index came to a small spring, after all, there are a lot of Internet technology stocks in the NASDAQ, which has a great impact on the stock index, but the Internet technology stocks in the NASDAQ are only a small part, and a large part of them are companies in other industries.

However, Han still decided to keep only the most basic margin, because he firmly believed that the high-tech stock market crash at that time was caused by a combination of factors such as market drivers, interest rate cuts, and liquidity, and that what should have happened at this point in time would still happen, and the fundamentals of the United States had not changed.

And then when he continues to give Halm full support, he doesn't want to drop the chain, and this time is a bit crucial.

"Yes, but I must be notified one day in advance,"

Halm looked at the Chinese young man in front of him with some surprise, knowing that his last reminder was very terrifying, which would make many people hesitate, even a veteran who was rolling in the market would hesitate for a long time because of this sentence.

It's not about much confidence, but this description of a terrible prospect, from a rich man to a beggar with nothing may only take two days, or even a few hours, which will make everyone weigh again, but Han Zhifeng did not hesitate at all, how much confidence and how strong the heart must be, which made Halm look up to Han Zhifeng even more,

"Okay, since you've thought about it, then let's discuss the specific steps, considering that you are a crooked nut, especially the more sensitive identity of the Chinese, so I mean to enter the market in batches in various ways, and you can't enter the market in a unified time period, otherwise you will be targeted by the regulatory authorities, or even by the FBI, so I want to propose a plan in batches, give me a few days, of course, if you are satisfied with my plan, please pay me a reward of 150,000 US dollars, because such a plan and implementation process is very cumbersome, and it will definitely make me exhaust my resources, and my loyalty to the country will also be tested, ”

Halm's words almost made Han Zhifeng laugh out loud, his loyalty to the country is too broad and funny, as a descendant of American Jews, he has a back road that others don't have, if he really can't get along in the United States one day, he can apply to go to Israel to start over, and the loyalty of Jews to the United States is definitely questionable, their most loyal is their home on the Mediterranean, so Halm is just pretending to be miserable and seeking resources.

"Well, I'll pay your commission as scheduled, but only if I think it's worth the money,"

Han Zhifeng accentuated his tone in the last sentence,

"You'll thank me for what you want,"

Halm smiled and stretched out his hand to shake hands with Han Zhifeng goodbye.

"Isn't it too risky, 50 million US dollars is more than 400 million yuan, if,"

Kong Miao, who had been listening to the conversation between the two, worried.

She was afraid that Han Zhifeng would not be able to turn around once the investment failed, and such a way of gambling was not advisable.

"It's okay I have some sources, and even if I fail, the resources in my country can support my rise again,"

It's true, with Blazing Edge alone, he can raise hundreds of millions of yuan, enough to get him through the storm, but his progress will be interrupted, and his hopes of obtaining capital and technology here are basically dashed.

It has always been hoped that the two wings will fly together, and the domestic and foreign undertakings will go hand in hand, and the vision of mutual support will be postponed.

He certainly doesn't want the investment to fail, but it takes luck, not too bad luck.

"Well, that's your money, you have the right to decide,"

Kong Miao sighed, she has understood Han Zhifeng in the past two years, and he will try his best to understand and weigh it in advance, for example, he asked her to prepare a lot of information about the American high-tech industry, as detailed as possible, it can be seen that he always pays attention to these, but once he makes up his mind, he will not change his mind, for example, Yahoo stock has climbed straight to two hundred dollars, so many people persuaded him to sell and leave, but he increased his holdings and finally made huge gains, so she did not persuade him more.

"No, no, no, it's not all my money, and your $1.8 million,"

Han Zhifeng shook his finger and smiled.

"How is that possible,"

Kong Miao was surprised.

"I said that 10% of the company's shares are yours, and we made a profit of 18 million dollars from the last investment, so there is a tenth of yours there, of course, most of the second additional investment is not mine, so I can only apologize,"

Han Zhifeng said, he was not reluctant, but if the amount was too large, it might frighten Kong Miao, and she would never accept it.

The 11.8 million percent of the 18 million income from the first investment was very suitable for Kong Miao.

"No, no, no, can I take it,"

Kong Miao's ponytail swayed, indicating refusal,

My annual salary of 150,000 US dollars is already a lot of value, and my job is actually more like an assistant, and there is not much creative work, and the annual salary of 20,000 or 30,000 US dollars in a job like this in the United States is already very high. ’

Kong Miao understood that the reason why she had such an income was because of Han Zhifeng's trust in her, and nothing else, but she couldn't accept too many gifts other than her own ability, and she insisted that she had it.

"Don't forget that you are a shareholder of the company, and it clearly states that you have 10% of the company's shares, and that cannot be changed. ”

Han Zhifeng said with a smile.

"If you abide by the rights and interests of shareholders, I don't think the relevant authorities in the United States will agree, and they won't receive the taxes they deserve, and I think the company and we will be in big trouble. ”

The U.S. tax authorities are the most powerful department in the United States, and everyone from the president, ministers, to ordinary citizens must pay taxes honestly, otherwise they will wait for the subpoena.

"Didn't you plan it a long time ago, I feel like you've been fooled,"

Kong Miao said speechlessly.

"No, this is a normal corporate investment income, since you are a shareholder, you should have equity, besides, California's state tax is nearly 50 percent, and your 1.8 million still have to pay state tax, less than 1 million, not much. ”

Taxes in developed countries are the basis for supporting high welfare, and they are prohibitively high.

"Okay, I'll accept it, but I'd like to lower my stake,"

Kong Miao only retreated in defeat and put forward a new suggestion, she didn't want to sit back and collect profits like this.

"If there is no 10 percent, there will be no company, which is the minimum composition of the shares of an American corporation, otherwise this company is not a US company, but a foreign company,"

Han Zhifeng spread his hands and said that he could not help.

Kong Miao was speechless, but this is stipulated by the company law, it seems that she can only enjoy this rule.

In Kong Miao's office, Han Zhifeng watched in her computer the specific situation of all the people Liu Rong contacted in the past year, and every time Liu Rong contacted these people, she would hand in a report, which was very brief, but gave an explanation of the communication.

Judging from the people Liu Rong contacted, some of them had a few emails, some of them chatted well, and some of them could even be regarded as friends, and the overall effect exceeded Han Zhifeng's expectations.

It's not quite right now, because he doesn't have much money to back it up, and tens of millions of dollars is a poor ghost among Internet companies, and some so-called tech elites will not invest in such enterprises, because they can't succeed at all.

The key depends on the next opportunity, if it happens, he can pick up the net and collect the fish.

If it doesn't work out, then the invitation is a distant thing.

In a tea restaurant in San Francisco's Chinatown, Han Zhifeng and Kong Miao had a casual meal there, and there were still a few days to celebrate the Spring Festival, and the restaurant had already put up couplet banners and hung up new lanterns, and was full of joy.

This restaurant is not small, upstairs and downstairs, there are many people eating here in the morning, and most of the tables are occupied.

It was bustling with Cantonese, and many people were familiar with each other, sitting at one table and chatting with the people at that table.

I don't feel the Western-style civilization here that is polite on the outside and indifferent on the inside, and many people talk loudly and laugh constantly.

Han Zhifeng and Kong Miao found it very interesting, and they looked around, and the two of them whispered comments about someone or something from time to time.

Kong Miao was always smiling and chatting, she hadn't had a good trip when she came to the United States, she concentrated on her studies and campus love in college, and after graduation, she was in a hurry to return to China, and when she returned to the United States, she carefully guarded the company on thin ice, lest she live up to Han Zhifeng's trust.

This excursion to the Chinese New Year and Joshua Han was the most relaxing of her in the United States.

The two of them ate rice rolls, barbecued pork buns, shrimp dumplings, drank preserved egg and lean porridge, listened to the surrounding Cantonese, Fujian, half-baked Mandarin and a few sentences of English mixed in, and had a new feeling, and also admired the adaptability of the Chinese people, even if they were thousands of miles away from home, they would establish their own small ecosystem.

After eating, the two walked side by side in Chinatown, which is a dozen blocks in radius and full of shops.

Chinatown has many architectural colors, some of which are very bright, which is very different from the European-style architecture of other neighborhoods.

In China, Han Zhifeng is reluctant to go shopping, but he also feels very fresh here, and accompanies Kong Miao's family one after another.