Chapter 18: Overnight Success

Wall Street is so big, every day all kinds of true, false, false, and true news are flying all over the sky, spreading extremely quickly, and there are few things that can be hidden.

For example, Phoenix Investment Group and Tang Bao.

Although it was not deliberately promoted, it was noticed by many people. Many newspapers were amazed at the performance of Phoenix Investment Group in the stock market crash, and described the company's development history in detail, and even the details of the company's shareholding structure were picked up by someone with great powers.

Fortune magazine published a special report entitled A Glimmer of Light in the Clouds of Wall Street: The Overnight Rise of Phoenix Investment Group. According to the report, the Phoenix Investment Group was founded in July 1986 by Tang Bao, a teenager from China, and three mysterious offshore funds, with a registered capital of $50 million. Among them, Tang Bao personally holds 50% of the shares, Ruby Fund holds 30% of the shares, ABC Fund holds 15% of the shares, and Beihai Capital holds 5% of the shares. Last year, the company participated in shorting crude oil futures and reaped a lot of benefits. The most mysterious thing is that Phoenix Investment Group seems to have anticipated this stock market crisis in advance and boldly shorted the market, what is the result? I think everyone knows by now that the stock market has plummeted, countless investors have lost their money, and Phoenix Investment Group was born, and it is conservatively estimated that Phoenix Investment Group will make a profit of more than $2 billion this time.

"Hehe, with this special report from Fortune magazine, it's hard for Phoenix Investment Group to be famous." Putting down the latest issue of Fortune Magazine in his hand, Tang Bao said with a smile. Since the launch of the Fortune Global 500 list, Fortune magazine has always been the focus of attention in the economic circles and has had a huge impact.

"yes, boss. Since Fortune magazine published this feature, the company's human resources department has received an instant increase in resumes, and the quality has also gone up a notch. Horst said overjoyed, secretly sighing that Phoenix Investment Group has completely shown its edge on Wall Street. Hey, though, the editors of Fortune magazine are vastly underestimating our earnings, two billion dollars, which is only one-third of our actual earnings. ”

Of course.

Neither Tang Bao nor Horst had any intention of coming forward to clarify.

Another report published in the Wall Street Journal tells the brilliant performance of Phoenix Investment Group in this stock market crash from another angle, and through the collection of market information, they list the portfolio of Phoenix Investment Group in the stock market in detail, although there are some discrepancies, but basically in line with the truth. "We can't calculate how much money Phoenix made in the crash, but the value of its shares, based on its current market capitalization, is more than $3.5 billion. Considering the stock price crash on the day of the stock crash, it was estimated that Phoenix Investment spent at least $2.5 billion to buy various stocks on that day, and now that the stock price has rebounded, Phoenix Investment Group has made a profit of $1 billion on its books. There is also news that Phoenix Investment Group has successfully joined the boards of Coca-Cola, Microsoft Corporation, American Express Company and Procter & Gamble. Phoenix Investment Group is the biggest winner in this stock market crash! ”

The New York Times also carried a lot of reports, one of which caused quite a stir, entitled: Mysterious Boy from China, Tang Bao!

Tang Bao, from the mysterious Chinese mainland. After coming to New York last year, he founded Phoenix Investment Group and entrusted Citigroup to make a large-scale investment in Microsoft, personally holding 11.83% of Microsoft stock, which has been confirmed by Mr. Bill, President of Microsoft.

This year, Tang Bao successfully applied to Columbia University with full honors. Interestingly, he is not a student of economics or finance, he majored in architectural design. It's really a surprise, and I'm sure everyone will feel the same way.

……

All kinds of reports are endless, anyway, Tang Bao and Phoenix Investment Group are completely popular, and Tang Bao has also become a Wall Street celebrity.

Fortunately.

Although many students in the school also knew him, they were only surprised by Tang Bao's wealth and ability, and did not cause a big commotion.

This made Tang Bao breathe a sigh of relief.

Soon.

Xu Qing found the school and told Tang Bao that the old man in China called and told him to return to China once during the Chinese New Year. In this regard, Tang Bao certainly understood why. Tang Bao knew that if there was such a big move in the United States, China must also know about it.

What did two billion dollars really mean for China in the eighties?

At this time, not long after China's reform and opening up, the dollar foreign exchange was extremely scarce, and the foreign exchange reserves of the entire country were only a few billion dollars.

He could imagine the expressions on the faces of the old man and others after hearing that he was worth two billion dollars.

Equally.

The U.S. government is also concerned about this.

In the '80s, a Chinese kid had more than $2 billion in assets in the United States, and the sensation was much more shocking than a major earthquake in one country. What's more, they learned that Tang Bao's identity was not simply an ordinary international student, and his family background was not simple.

So.

After the news about Tang Bao's terrifying worth was reported, it was like a big earthquake in the United States and in China.

The United States and China have reacted very strongly.

Call.

Tang Bao was secretly glad that he had hidden most of the funds, and if all of them were exposed, he didn't dare to think about the consequences.

……

this day.

After Tang Bao got out of class, he went to the library to borrow two books and went to the company.

Maybe it's an illusion, since his identity was revealed, there was always a feeling of being stared at when he read books in the library, so Tang Bao simply borrowed books to read in the office, anyway, no one disturbed him in his office, and it was very quiet.

Knock knock.

"Come in."

Tang Bao closed the book, raised his head and said with a smile. "Horst, is there something wrong?" You don't have to look to know who's coming, and so far, he's the only one who often comes into his office to report to work.

"Boss, the recruitment is over, this is the resume of several department head candidates, please take a look, if there is no problem, I will notify them to come to work." Horst spread out several resumes and handed them to Tang Baodao. Although he is already the president of Phoenix Investment Group, this kind of senior director appointment still needs Tang Bao's nod.

"No problem."

Tang Bao glanced at it slightly and agreed. Suddenly, he caught a glimpse of Horst and stopped, as if he had something to say, "Something else?" ”

"Well, there's something. After the recruitment process ended, I met another person who came to apply for a job today. ”

"Now that the recruitment is over, there shouldn't be any more positions, so just send it away, why tell me about these trivial things." Tang Bao said helplessly, secretly saying that this Horst is also really, you have to tell him about this big fart, and it hurts to be idle.

"That's what I thought, too, but the man handed me a different resume." Horst said with a wry smile, and then handed this "resume" to Tang Bao.