"Xiao Xiang, the foreign Taoist priest I helped in London was actually named Cole Smith. This Giant Dragon Fund was founded by Cole Smith. At first, I thought that this Giant Dragon Fund was just an ordinary offshore investment fund, but when I learned about the situation of the Giant Dragon Fund, I was immediately shocked by the huge amount of assets hidden under the surface of this Giant Dragon Fund. I couldn't recover for several days."
"Hey, Old Yang, why are you saying these useless things? Hurry up and tell us how awesome this Julong Fund is! Is it even more awesome than our Rongbao Mining?" Guo Xiaoxiang picked up a piece of mutton with chopsticks and urged Yang Jing to speak quickly while eating.
"Rongbao Mining?" Yang Jing glanced at Guo Xiaoxiang, "Brother, have you ever heard of the saying that there are always people better than you? To tell you the truth, if I didn't know about the Julong Fund, I might still think that our Rongbao Mining is very good. But when I learned about the Julong Fund, I immediately realized that if the Julong Fund is an elephant, our Rongbao Mining can only be regarded as a small mouse at best..."
"Puff..." Guo Xiaoxiang couldn't help but spit out the lamb slices that he had been chewing for a while. "Sister-in-law, sorry, sorry... cough cough... Lao Yang, although there is no tax on bragging, you should at least be more reliable, right? Although our Rongbao Mining is still far behind international mining giants such as BHP Billiton, Rio Tinto, and Vale, the value of our Rongbao Mining is extremely high. Let alone the three oil fields in our hands, the two precious metal mines you found in Papua New Guinea last year alone are worth tens of billions of dollars! The value of the minerals under the name of our Rongbao Mining may not exceed 100 billion US dollars, but there are always tens of billions. Is it true that our Rongbao Mining, which is worth tens of billions of dollars, is like a mouse facing an elephant in front of that Julong Fund? Please, brother, even if our Rongbao Mining is facing giants like Apple or Microsoft, it can at least be regarded as the gap between a tiger and an elephant. As a result, you described our Rongbao Mining as a little mouse. Is this Julong Fund bigger than Microsoft and Apple combined?"
Although the princess standing by didn't say anything, the expression on her face clearly showed that she agreed with what Guo Xiaoxiang said.
Yang Jing picked up a piece of boiled mutton with chopsticks, dipped it in the sauce and put it into his mouth. While eating, he said, "Brother, I'm not bragging. It's true that even if Microsoft and Apple are added together, they are not as big as one-third of the Dragon Fund..."
"Hiss..." Guo Xiaoxiang and Gege both looked like they were in pain. Gege shook her head and said, "Hubby, you're really exaggerating. The combined market value of Apple and Microsoft has exceeded 1.6 trillion US dollars. The combined market value of these two giants is less than one-third of the Dragon Fund... Tsk tsk, husband, I really can't think of any other company that can have such a huge strength."
Yang Jing shook his head and said, "Don't rush to refute me, just listen to what I have to say first, okay?"
As he spoke, Yang Jing took out his laptop, opened a webpage, and after some operation, he turned over the evaluation on the laptop. "Look, this is Apple's stock. The current share price of Apple is $174, and Apple's total market value is $820 billion. Let's take a look at Apple's major shareholders. The largest institutional shareholder is Vanguard Group, which holds 7.16% of Apple's shares. The second-ranked BlackRock Group, also known as BlackRock Group, holds 6.27% of Apple's shares. The two together hold 13.43% of Apple's shares."
After a pause, Yang Jing opened another web page, which showed Microsoft's stock.
"Microsoft's stock price is now $111, with a total market value of approximately $856 billion. Looking at Microsoft's shareholdings, Vanguard Group, which ranks first, holds 7.86% of the shares, and BlackRock, which ranks second, holds 6.6%. Together, they hold 15.46% of Microsoft's shares."
Gege and Guo Xiaoxiang both nodded after reading it. This was public information and could be found with just a simple search.
Gege asked in confusion: "Vanguard Group and BlackRock Group are both world-renowned investment funds. Both funds hold a large number of shares in Microsoft and Apple. This is nothing."
Yang Jing said with a smile: "You two only saw Vanguard Group and BlackRock Group, but do you know their internal situation?"
Guo Xiaoxiang and Gege both shook their heads.
"Let me tell you the truth. The biggest partner behind these two investment funds is the Dragon Fund. To be precise, it is Acate Capital, KY Investment Fund, Pacific Capital, and Atlantic Capital under the Dragon Fund! The shares of these high-tech companies held by Vanguard Group and BlackRock Group are actually invested in Microsoft and Apple by Acate Capital with the help of the names of Vanguard Group and BlackRock Group!"
"Ah? Old Yang, are you kidding me? The shares of Apple and Microsoft held by Vanguard Group and BlackRock Group are actually held by that Acate Capital?"
"Yes, that's right! The Mr. Christopher Mendes who just broke up with us is the CEO of Acate Capital. You all heard what he called me just now, Boss! Do you know? After I took over the Dragon Fund, I will be the boss of this Christopher Mendes!"
After a pause, Yang Jing pretended not to notice the two people's dull expressions, and continued to attack them, saying: "Acate Capital, under the name of the Dragon Fund, is mainly responsible for investing in high-tech industries around the world. In fact, not only Microsoft and Apple, but also Google, Oracle, Facebook, Cisco, Qualcomm, IBM, Intel, Nvidia, ATT, Verizon Telecom, Amazon, Nokia... and so on, etc., Acate Capital holds at least 8% of the shares of the world's major high-tech companies!"
This chapter is not over yet, please click on the next page to continue reading!
Continue read on readnovelmtl.com