Rebirth of the Strongest Tycoon - Vol 3 Chapter 1423
Recall last June.
Xia Yu estimated that the international crude oil price is close to the highest level since the oil crisis in the early 1980s.
So he let the Galaxy Fund, Bright Fund, Salomon Brothers, Polaris Capital, Bridgewater Fund, Tiger Fund, the investment departments of major banks and insurance companies, etc., use different levers and invest US$15.6 billion in capital. Gold, a total of 223.5 billion US dollars into the market to short international crude oil futures, the average opening price is 2762 US dollars barrels.
The position of 223.5 billion U.S. dollars occupied 20 short positions at the time!
Later, as OPEC started to expand production and sell oil at low prices, international crude oil prices began to fall.
As a result, the price of international crude oil has begun to fluctuate violently, and no institution can determine what the bottom of the price will be.
Therefore, the judgment price is different, and there are long and short entry or increase positions at all times.
Of course, there are also unlucky people who have made mistakes and leave the game.
And Xia Yu’s company, of course, would not have such a situation.
After the international crude oil prices fell, Xia Yu did not need to order, and his large number of financial companies continued to increase their positions.
Although he continued to increase his position, the proportion of short positions held by Xia Yu was declining because of the skyrocketing number of players at the table.
But this is a good thing for Xia Yu.
Of course, because different companies continue to raise or enter the market at different prices, time points, and purchases.
Some companies are his wholly-owned companies, some are joint ventures, and some are companies in other situations.
So when it came to the back, Xia Yu didn’t know for a while how much he occupies in this big cake that changes all the time!
Earn less profit!
In addition to shorting international crude oil.
Last year, before the signing of the Plaza Agreement, Xia Yu made a large-scale layout in the financial markets of various countries.
Britain, France, island countries, Canada, Italy, and other countries, whether it is exchange rates, stocks or bond markets, have all been invested in apportionment.
Investment quotas and leverage ratios vary from country to country and from market to market.
Fortunately, compared to international crude oil futures.
The layout of the financial markets in these countries has a relatively long operating time, and this year is not yet the harvest time.
Therefore, Xia Yu also has to worry if he is sure that he has maintained a floating profit and no loss has occurred.
The reason why we must pay attention this time.
It is because after the international crude oil futures are fully harvested, the huge profits he has grabbed need to find a sufficiently broad market to continue to invest in appreciation.
Because of the signing of the Plaza Accord, the U.S. dollar has depreciated, and the markets where the currencies of various countries have appreciated are the most suitable markets for investment.
Of course, before making a new step of investment planning.
Xia Yu also needs to determine the specific circumstances of the income this time, and make appropriate fund deployment arrangements based on the amount of income.
In Xia Yu’s office.
Huo Jianning sat on the sofa, in a daze, staring at Xia Yu who was looking up the statistics report.
He personally made the statistical report on the actions and success of international crude oil futures, so he is very clear about the contents.
But it was clear that he could not be calm.
His three views were once more destroyed!
Even if he was the director of Xia Yu’s family office, the prime minister of Xia’s business empire, he had long understood the assets of Xia Yu’s huge empire.
But those are mostly companies after all.
And this time, all the gains in excess of 100 billion U.S. dollars are still liquid funds. How can it be the same?
When Huo Jianning was in a trance, the smile on Xia Yu’s face became more and more brilliant, as if there was a heroic spirit in his chest that wanted to go straight into the sky.
He couldn’t help shouting in greetings.
“Okay!”
“Eat once, haha”
The overall short-selling plan for international crude oil futures is huge and complicated.
If the statistics are separated into two parts, it will be clearer.
First of all, the first major part is that Xia Yu asked major companies to do it in advance, and $15.6 billion drove $223.5 billion of funds into the market.
In this part, the average opening price is 276.2 billion US dollars barrels.
The average closing price is 1,411 US dollars a barrel.
So in this part, the gross profit of the operation is 10,093.2 billion U.S. dollars.
After deducting the cost of capital use and the trading team commission, the company’s profit is 10101.3 billion US dollars.
The bulk of the cost is the cost of capital use. The interest on leveraged funding is relatively high, and the specific costs are more complicated. After all, different banks, different leverage ratios, different capital chains, and different countries are also different.
And it is impossible for all of these 10101.3 billion US dollars to belong to Xia Yu.
Because except for a few companies registered in offshore paradise such as Galaxy Fund, many banks are registered in various countries, which is doomed to pay taxes!
Even if reasonable tax avoidance measures are taken, at least a dozen points of tax will not escape.
Therefore, the estimated profit of 10101.3 billion US dollars is only about 87.5 billion US dollars in the end.
The other major part of it is that after the international crude oil prices fell, various companies re-entered the market to operate.
Most of this part is more complicated, involving many non-wholly-owned subsidiaries.
Therefore, the statistics are based on the company level. After all, the profits earned by these non-wholly-owned companies may not necessarily receive dividends, and they cannot get the money spent at will. Of course, the nature is different.
Most of this is because it entered the market after the crisis, it is difficult to open a position, and the price is not good enough.
A total of 864.9 billion U.S. dollars has been invested, and the average short position opening price is 2018 U.S. dollars barrels.
The average closing price is $1,407 barrels.
So the gross profit of this majority of transactions is $2.618.7 billion.
If a series of costs and taxes are deducted for the gross profit of the transaction of $2.618.7 billion, then dividends will be distributed according to the company’s equity ratio.
What can belong to Xia Yu is about 16 billion U.S. dollars.
Adding up these two parts, the net profit that belongs to Xia Yu in the final practical sense is still more than 100 billion U.S. dollars!
His global business empire has more than hundreds of billions of dollars in circulating funds, and its security has instantly increased by several levels. UU reading www. uukanshu.com
As for offensiveness, not to mention more.
If Xia Yu were to attack a certain consortium, it would be enough to sweep the vast majority of consortia around the world one-on-one.
Of course, Xia Yu wouldn’t go crazy either. It was easy to fight a certain consortium in an all-round way. This was not in line with his low-key development style.
“Most of the income in this is owned by the companies, letting them arrange for themselves. After all, the various acquisitions before, definitely increased a lot of debt.”
Xia Yu remembered that the Polaris consortium had spent more than $2 billion to improve the satellite and rocket layout in April, so he made a decision in his mind.
The same is true in Europe. Britain and France have been privatized one after another, but it is very costly. This time, the Bright Consortium on the European side will return a wave of blood to reduce risks and enhance overall security and stability.
Anyway, the money is in the hands of various companies. When he has any strategic plans later, he still wants these companies to spend the money.
Once there is not enough money, in the end, is it not asking him to make a small treasury to replenish it?
The essence is the same!
But it is gratifying that this time, the amount of funds in his small vault Galaxy Fund has rebounded to the 30 billion U.S. dollar mark.
Last year, his Galaxy Fund’s liquidity was as high as 32.4 billion U.S. dollars.
Later, in addition to taking a part to short the international crude oil futures, another 20 billion U.S. dollars was invested in the island countries, which caused the amount of liquidity to drop to about 10 billion U.S. dollars.
This time, the Galaxy Fund shorted international crude oil futures. In addition to the cost of capital use, the profit after tax avoidance was as high as 184.7 billion U.S. dollars.
With the addition of the original funds, the working capital of the Galaxy Fund has now risen to 316.8 billion U.S. dollars.
The small vault is full again.
: I’m sorry, it will be updated at two o’clock, and there is no way to work overtime on weekends