Chapter 233 Amazing Profits
On the top floor of the Technology Building at the headquarters of Tengda Group, in the chairman's office, Lin Hao sat upright, wearing a rare suit and tie.
His tie was tied neatly and his leather shoes were polished to a shine. He did not look as casual as usual, but instead looked like a newcomer in the workplace.
He looked around the office curiously. It was his first time to visit his old classmate's grand office.
"You are worthy of being the richest man! Mr. Song, your office is so big, so imposing and grand!" Lin Hao exclaimed in admiration while gently stroking the armrest of the high-quality leather sofa.
Compared to Lin Hao's amazement, Li Ying, who was sitting next to him, had a calm temperament. She sat cross-legged elegantly, holding a cup of fragrant tea, taking a sip, and looked calm and composed.
Song Ci turned a deaf ear to Lin Hao's sigh, and at this moment his attention was completely focused on the report in his hand.
He has pocketed all the profits from shorting U.S. stocks through the Paulson Fund, and after paying off the loan secured by Tengda Holdings and adding some of his original funds, he now has a total of 23.7 billion U.S. dollars on hand.
In addition to the foreign exchange reserves promised in advance to Bank of China and Industrial and Commercial Bank of China, this huge amount of funds, including 20 billion US dollars, was carefully deployed and handed over to Li Ying and Lin Hao to bottom out the stock market through the overseas accounts of Sino-Singapore Investment and Shanhai Capital.
Currently, affected by the global financial crisis, major stock markets have suffered severe damage, and stock prices have fallen to the lowest point in nearly 20 years.
Song Ci would not miss such a great opportunity and decisively bought at the bottom. Just wait patiently for a year or two for the economy to pick up and recover, and these investments can at least get a generous return of three to five times.
Song Ci's slender fingers slid slowly along the shareholding details on the report, his eyes focused and sharp, which listed the shareholding ratios of many well-known companies at home and abroad.
Microsoft holds a 0.36% stake, Apple 1.1%, Amazon 2.1%, Coca-Cola 0.94%, ICBC 1.7%, China Construction Bank 2.1%, BYD 4.5%, and Moutai 2.4%.
Just like that, after carefully checking for more than ten minutes, Song Ci finally put down the report in his hand, his heart surging, and he couldn't help but sigh:
"If this happened in the past, $20 billion would not be enough to buy so many shares of high-quality companies! It turns out that great crises are accompanied by great opportunities."
Li Ying feels the same way. She once worked in an American investment company and has in-depth research on US stocks. Before the financial crisis, the stocks of those famous technology companies were unaffordable.
Take Microsoft for example. At its peak, its market value exceeded 600 billion US dollars, but now it has fallen by almost 70%. This is truly a once-in-a-lifetime opportunity to buy at the bottom.
"Mr. Song, you made a fortune this time." Lin Hao recalled the previous bottom-picking operation and still felt as if he was in a fog.
He was full of admiration for his old classmate. He really didn't expect that Song Ci had such a sharp vision and could accurately short the US stock market to make a lot of money from the American empire.
Song Ci smiled calmly, his excitement had calmed down, and he said calmly:
“I just looked at the financial statements. The total cost of bottom-fishing in the stock market was 20.2 billion U.S. dollars. After deducting the foreign exchange I promised to give to the two banks, the two companies currently have 1.5 billion U.S. dollars in their accounts.
I plan to use this money to make some venture capital, focusing on companies that are still in the early stages of entrepreneurship or have not yet gone public. Next, I will trouble Sister Ying and Haozi to officially operate the two investment companies."
Li Ying's eyes lit up when she heard this, and she looked eager to try. She resolutely resigned and joined Song Ci, not to be a puppet who bought stocks at the bottom according to a list. That kind of work without any technical content could not reflect her value.
As an independent woman of the new era, she is eager to demonstrate her talents and wisdom and realize her own value in the business field full of opportunities and challenges.
Lin Hao was also eager to try his best. After more than half a year, he had already put the theoretical knowledge he learned at Peking University into practical operation skills, and deep in his heart he also wanted to show his skills in the investment world and make a name for himself.
Song Ci weighed the options in his mind and ordered in an orderly manner: “Sister Ying, just as we communicated before, you will be in charge of Sino-Singapore Investment.
In the future, we will focus on investment and development in emerging fields such as Internet technology, green energy, and biomedicine.
These fields have broad prospects, but the investment risks are also high. However, I believe that with your professional ability and experience, you will be able to discover many potential stocks. "
Li Yingxiu nodded and said confidently: "No problem!"
"Haozi, Shanhai Capital is in your hands." At this point, Song Ci's eyes lingered on his old classmate's round face, and he paused for a moment, "Shanhai Capital should first invest in some traditional industries to test the waters."
He had thought carefully before dividing the work between the two. Lin Hao was not as experienced as Li Ying. He was just a newcomer to the investment industry and needed time to accumulate experience.
The national economy will develop rapidly in the next few years. It will not be difficult to make money by investing in traditional industries such as real estate and catering, as long as the company has the right business strategy and proceeds steadily.
In addition, with his own supervision, I think Shanhai Capital will be able to move forward steadily in the next two years under Lin Hao's leadership, and gradually expand its investment scope after accumulating experience.
Lin Hao agreed without hesitation. He didn't feel that Song Ci looked down on him at all. It is important for people to know themselves. His investment ability is still far behind Li Ying and there is a lot of room for improvement.
This arrangement by his old classmates is undoubtedly a reasonable training and exercise for him.
After the three of them discussed some details about fund allocation and other matters, they made a preliminary agreement on various matters. Li Ying was the first to say goodbye and leave, leaving only Song Ci and Lin Hao, the old classmates, to reminisce about the past.
With no outsiders present, Lin Hao relaxed and became more casual, leaning lazily on the sofa. He was no longer as reserved as before, as if he was back in the comfortable state when he was chatting with Song Ci in the university dormitory.
When he was with Song Ci, he knew how to strike a balance between them. In public or in front of outsiders, he was extremely respectful to Song Ci, and his words and actions followed proper etiquette and rules.
When they are alone in private, they naturally reveal their intimate and casual side, but this intimacy is just right, neither being too affectionate to be offensive, nor being too cautious to appear distant from each other.
Lin Hao reached out for the teacup, not caring about his manners, and took a big gulp to moisten his dry throat.
"I went to see Brother Gang a few days ago. He is doing very well in ICBC and his relationship with Sun Jingyi is very stable. They are already living together. Although he can't compare to you, the fourth brother, he is also successful in both career and love."
Song Ci was well aware of Lu Yuguang's situation. He had the support of the deputy branch president and graduated from the prestigious Peking University, so he naturally thrived in the workplace. After his internship, he went directly to the core corporate department of the branch and was trained by the leaders.
"Where's Xiaochuan? He's a bit of a quiet person, so we don't keep in touch that often."
Lin Hao was very concerned about his roommates and knew their situations very well: "Studying for a master's degree is just like that. You just follow the professor to work on the project and do the hard work. Just endure it slowly."
Song Ci nodded slightly: "Given his personality, he is suitable for the path of a bachelor."
For a moment, both of them fell silent. It was only half a year after graduation, but they had already changed a lot. Song Ci and Lin Hao could not help sighing for a moment.
"Oh, right!" Fatty Lin's eyes rolled around, and he suddenly smiled mysteriously: "Old Four, I have news for you."
"Go ahead."
"An old acquaintance of yours has returned home."
Song Ci didn't react for a moment: "I have acquaintances abroad?"
Lin Hao smiled and said, "It's only been a short time, and you have completely forgotten me. Back then, I couldn't get her and left the country because I was heartbroken. Now you remember, it's the campus beauty of Shen University who has returned to China."
Song Ci was stunned. It had been a long time since anyone mentioned Shen Sisi in front of him. At this moment, when Lin Hao said that, the dusty memories resurfaced in his mind. However, after all, the past was like smoke, and Miss Shen was just a passing guest in his life.
"Are you still in touch with them?"
Lin Hao recalled his carefree life at Peking University and sighed, "We rarely contacted each other. The last time we had a small gathering was on Sun Jingyi's birthday. I also heard from Shen Sisi's roommate that she returned to China in September and is now working at CCTV."
Song Ci nodded slightly: “It has always been her dream to become an excellent host.”
Seeing that his good brother's face was as calm as water and seemed to really not care about his old friend, Lin Hao tactfully stopped mentioning the matter.
Changing the subject, he said, "Fourth Brother, does Tengda still have the energy to invest abroad? My father was promoted a while ago and is now the deputy chief of the Jinling government, in charge of attracting investment.
He saw that Tengda Group had invested 1.2 billion in Beiping and Donghai respectively, and he was very envious. He was thinking whether he could invite you to invest in Jinling. He also told me that land and taxation were negotiable, and Jinling could definitely give Tengda the most favorable policies. "
Song Ci first shook his head slightly, as if to refuse, but then nodded slightly. This contradictory action made Lin Hao confused. He stared at Song Ci with a blank face, not knowing whether he was willing to invest or not.
Seeing Fatty Lin's stunned expression, Song Ci explained, "Tengda Group needs time to integrate previous projects and will not expand investment in other places for the time being. The group needs time to digest and absorb the 2.4 billion yuan invested previously.
But I also have some new plans and ideas in my mind. I am considering starting a new company in a few years when Tengda becomes a little bigger and has a solid foundation. If the conditions are right, I can settle in Jinling by then.”
"Are you going to start a new company? What industry will the new company be in?"
Song Ci's eyes were bright and he uttered two words firmly: "Build a car!"
"Build cars?! No!" Lin Hao exclaimed, and subconsciously wanted to dissuade them. After all, the automobile industry has always been known as the crown of industries, and the difficulty of building cars is well known.
If you want to achieve results in this field, investing tens of billions of dollars may not necessarily produce significant results.
Moreover, the world's major automobile groups have already divided up the market and formed a relatively stable market structure. It is impossible for these giant companies to allow new car-making forces to develop.
Song Ci waved his hand calmly, signaling Lin Hao to calm down: "Don't panic, I'm not making traditional fuel vehicles, but new energy vehicles like Tesla in the United States."
"tram?"
"Yes!" Song Ci nodded solemnly, his eyes revealing a deep sense that seemed to be able to see through the future, "I know the current market situation very well, how can I compete in the saturated oil vehicle market.
But the future of new energy vehicles is still unknown, and there is huge potential to be tapped. Of course, I just had this idea, and it may take a long time to conduct research and preparation for the specific implementation. Maybe my uncle will not be in office by then. "
Lin Hao knew very well that Song Ci was not the kind of person who acted aimlessly and blindly. Although he felt that new energy vehicles would have a hard time finding a future, seeing Song Ci's determined expression he chose to keep silent.
He knew in his heart that his roommate was an extremely confident and gifted person. Once he made up his mind, it would be almost impossible for anyone to dissuade him.
Seeing Fatty Lin's serious and worried face, Song Ci smiled and tried to ease the atmosphere: "Don't worry, I just had this idea. Before I actually build the car, I will conduct detailed market research and technical analysis.
Besides, even if the worst happens and I lose all those tens of billions of dollars, I still have the Tengda Group in my hands, and I am still the richest man."
When Lin Hao heard this, he curled his lips and said, "I'm actually here worrying about the richest man! You're right. You have a big family and a big business. The failure of your second venture is really nothing to you. You can handle it no matter what happens."
The two chatted casually for a while, and Song Ci raised his hand to look at the watch on his wrist. The hour hand had quietly pointed to the time to get off work.
He stood up from the sofa and straightened his slightly wrinkled suit: "It's getting late, and I should get off work. Haozi, let's stop here today, and we can find a chance to get together next time."
Lin Hao was chatting enthusiastically, and he was still not satisfied, so he quickly suggested: "Why not call Gang Ge and Xiao Chuan out, and the four of us can have a small gathering."
Song Ci said apologetically, "Not today. I have to go to Shishi's house for dinner tonight. I've already promised my mother-in-law to go over there, so I can't break my promise."
Lin Hao looked regretful and sighed, "Well, we can only make an appointment next time. You are a very busy man now. If the brothers want to get together, we don't know when it will take."
Song Ci stepped forward and patted Fatty Lin's broad shoulders: "The four of us are all in Peking, so we can always get together if we want. It's really unfortunate today, otherwise it would be a pleasant thing to have a small gathering. But it doesn't matter, there's a long way to go."
After saying goodbye to Lin Hao in the parking lot, Song Ci got into his car and asked the driver to take him directly back to the community to have dinner at Liu Shishi's house.
Time passed quickly. After entering November and approaching the end of the year, Song Ci became obviously busier and often worked overtime before returning to Jingyuan very late.
Although Liu Shishi did not join the crew to film, she was basically busy. In mid-month, she returned to Donghai to attend the media meeting of "Chinese Paladin III".
On the 21st, he attended the celebration banquet for "A Little Thing Called First Love", and then went to other places without stopping to promote "The Legend of the Condor Heroes" for its satellite broadcast.
At the end of the month, I was busy attending the launch conference for the spokesperson of Herborist, followed by shooting advertisements and promotional photos for the brand.
Time passed quickly and it was December. Liu Shishi went to Wudang Mountain to report to the crew of "The Heaven Sword and Dragon Saber" and began her one-week guest appearance.
(End of this chapter)
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