Chapter 110: Ready

In early 1997, there was still a very satisfactory start for the country. On the 31st of last year, the Ministry of Metallurgy announced that my country's steel production exceeded 100 million tons, ranking first in the world. Since the 1950s, the Chinese people's desire for several generations has been realized inadvertently. Although some foreign media who could not eat grapes said that grapes were sour, it is now the era when electronic chips defeated steel products, and steel production does not represent anything. However, in China, a country that has not yet completed the process of modern industrialization, the world's first steel production still represents the pace of manufacturing in China.

Yang Xing was also very moved when he saw this news. From this moment on, China's world number one position has not been surpassed. At that time before his rebirth, China's steel production reached a point where the steel production of several countries ranked behind was not as good as that of adding up. Yang Xing ordered Wang Yiren, Ma Sanqi, Cha Guoqiang and others to discuss how to find opportunities to find opportunities to make money from the domestic steel construction craze. This will be a major event on the agenda of Xinghai Trade's future development abroad.

On January 23, the National Bureau of Statistics released an article on the 1996 economic situation and 1997 economic outlook, officially announcing that the three-year macro-control has achieved results and the successful landing of the economy has been successful. Many economists at home and abroad have breathed a sigh of relief, believing that the economic expansion period is coming again, and the argument of relaxing monetary policy and accelerating the speed of economic operation is booming again.

The article Yang Xing and Xingdou Research Institute's article on the possibility of an Asian financial crisis this year, and the prosperity of the times, which should be strengthened to be vigilant against financial risks, was soon drowned in this praise. Yang Xing, who is familiar with history, is not so optimistic. He has worked hard for more than two years, and has experienced many strong winds and waves during this period. If he is not careful, he will fall into the abyss. Why? With the rebirth of memory, he has come from the storm again and again. Even so, he still has many opponents and lost many subordinates. Now he is getting closer to the second goal he set, so he must be more cautious at this time. After complete preparation, he is not worried that the storm will come, but that the butterfly effect caused by his time traveling to this time will delay the storm, narrow or even eliminate it.

However, the listing plan of his subsidiary companies is still carried out step by step. After the resumption of trading on January 6, Xinghua Real Estate was sought after. Underwriter Baifuqin promptly launched the over-allotment right. Xinghua Real Estate Co., Ltd., which originally planned to offer a public offering (IPO) of 4 billion yuan, raised 5.2 billion Hong Kong dollars, 1.2 billion yuan higher than the roadshow. Investors, issuers, and investors were all happy. This stock was labeled as the concept of "quasi-red chips" and shines on the Hong Kong stock market.

Subsequently, Nebula Electronics, Xingchen Manufacturing, Xingguang Entertainment, Xinghai Trading, and Xingwei Resources, which are owned by Zhongxing International, were listed in Hong Kong at a rate of one month. Because of the logo effect of Xinghua Real Estate, each company except Xingwei Resources received over-allotment treatment. As of June 20, the international consortium led by Baifuqin earned as much as 1.5 billion commissions by underwriting the stocks of these eight companies, which is not counting the 5%-20% stocks of these companies they have obtained.

Zhongxing International cashed out HK$15.3 billion before June, which is much higher than previous forecasts. At this point, the Asian financial industry has to admit that Yang Xing is indeed a "magic boy" with surprisingly good luck. He only took a year to achieve a goal that most people in the world could not achieve in their lifetime - at the same time, it has eight listed companies, not "shell companies", all with actual business support. He also created a new legend in Hong Kong's century-old stock market, becoming the youngest listed company chairman in Hong Kong's history, and the youngest chairman of the company with a net worth of 10 billion.

As part of participating in completing this impossible task for ordinary people, William Deng, one of the creators of miracle, once asked the new rich man in January what he planned to do with the money? Yang Xing smiled: "I have a lot of things to do, and this money may not be enough!" Then he asked William Deng in turn that there is a real estate agency under his Xinghua Real Estate, which was formerly called "Lidaxing" and now called Xingda. It used to have a small foreign exchange trading department, but now has transferred the foreign exchange license to Xingfu Investment Company. Xingfu Investment recently wanted to get involved in foreign exchange trading, and asked William Deng if he was interested in joining and having fun.

William Deng knew that Lidaxing was once one of the three major real estate agencies in Hong Kong. His former boss An Yili is now the CSO (sales director) of Zhongxing International. He is currently promoting the Rose Garden project in North America! Although he is interested in Yang Xing's foreign exchange, he is not surprised. He has read the article of Xingdou Research Institute. Although he does not agree with the views, it is still very innovative. However, people like them who are fighting in the business world have their own think tanks and opinions, and will not be easily influenced by others.

At present, he is planning to wait until the end of the year when the stock restriction period of Zhongxing International's companies arrives, and compete with Zhongxing International for their controlling rights, so that this little guy from the mainland knows what ginger is, is old-fashioned. There is really no need to dilute funds on foreign exchange, and it is best to pray that this guy with good luck is jealous and wastes the huge amount of funds in his hand in the bottomless pit of the foreign exchange market, and it is easier to compete for controlling rights. He asked: "How much does Mr. Yang plan to play with?" Yang Xing blew the sea breeze and said with great ambitions: "If I don't play, I'll play with it, I'll play with it for 2 billion!"

The two of them actually have their own ulterior motives. Deng William wanted to plot against Yang Xing, but Yang Xing wanted to act in front of him. He knew that these eight companies were listed. On the surface, he looked very glorious, but in private, he did it at the cost of giving up many interests. Not to mention anything else, among these eight companies, only Xingwei Resources can completely control the shares of Zhongxing International. In order to rush to go public, the other companies introduced many institutional investors and venture capital funds introduced by Baifuqin. Zhongxing International's equity does not account for an absolute majority.

At this time, because the company was started, everyone could still work together, and no one was right about the company's business strategy. But after a long time, it was hard to guarantee that it was not a time bomb. No one was willing to let the results of their hard work end up falling into the hands of others. Qingqi, Fang Kai, Jiang Daofang and others all reminded him, but Yang Xing only relied on his prestige to suppress the opposition due to the reason that he could not speak out.

This time, he took the initiative to propose that William Deng wanted to change his investment direction, just to make this old fox not doubt his actions of withdrawing large sums of funds. He has many eyes and ears in the financial industry, and he is in contact with hedge funds abroad, so it is better to invite him generously. If he is unstoppable and unscathed, he will not easily withdraw funds to do it with him, so as not to divide his strength. Yang Xing called out 2 billion to scare him away and confuse him to cover up his real investment. William Deng really smiled and shook his head to refuse. Yang Xing also laughed in his heart. He didn't tell any lies. The 2 billion investment is true, but it is not Hong Kong dollars!

Since the second half of last year, Yang Xing has secretly allowed Qingqi and Fang Kai to contact several foreign hedge funds. The hedge base originated in the United States in the 1950s. It originally intended to reduce financial risks in investment through financial business operations such as hedging, transposition, pull-off, and hedging. After decades of development, it has long deviated from its original purpose and has become a investment model based on various incomprehensible investment theories, using dazzling financial market operation techniques, making full use of the leverage effect of various financial derivative products, taking on high risks and pursuing high returns.

The "elites" on Wall Street used a lot of formulas that few people in the world may know, to quickly shift the US economy from industrial manufacturing to the financial services industry, and then implemented this theory all over the world. Hedge funds are the pioneers in its implementation of this financial rich country concept. Especially in 1992, Soros's quantum fund blocked the British pound successfully, making "one person surrendered to one country" a reality, and made these funds synonymous with "greed, cunning, and success". Among them, hedge funds that specialize in investing in problematic countries and industries, and are full of predatory and aggressive, are called "condile funds" by the international financial industry.

What Yang Xing is looking for is these guys who have no sense of honor and disgrace and only maximize their interests. Driven by high profits, they will bite the "little tigers and dragons" in Asia without hesitation. This time, the funds he circled from the stock market and deducted the working capital necessary for investors and corporate development, which was about 1.2 billion US dollars. He convinced Wang Yunqi and Zheng Yunlong and other private investors to invest 300 million US dollars, plus the investments of "relevant departments" such as General Staff, Guoan, Guotou, and the State Administration of Foreign Exchange during this trip to Beijing were exactly 2 billion US dollars.

Most of the 1.1 billion US dollars of Beijing investment will have to be paid off this year and next year, and there will be high returns. It is precisely because of this spirit of burning the boats that the "relevant parties" will support him so strongly. Once he fails, it is really unimaginable. Shen Changzheng, who was sent to assist him this time, had the intention of monitoring him in addition to protecting his safety. Yang Xing also knew that more than two years of hard work in the business world made him full of confidence.

On January 11, Yang Xing secretly met with Qian Yiming, a Chinese-American from the former vice president of the Jaguar Fund on Wall Street in Hong Kong. As a Chinese who can climb to the highest level of this position on Wall Street, Qian Yiming has a standard and ruthless soul in his bones, in addition to having a Chinese appearance. If he had not met the "glass ceiling" in American companies based on his Chinese identity, he would not have come out to work alone as a assistant to Julian Robertson, the largest hedge foundation chairman in the United States at that time.

He was also very excited about his fund's big business when he first opened. The Tiger Fund managed by Julian Robertson is known as the largest hedge fund in the United States. At its peak, it managed as $23 billion, but in 1996, the scale was only about $7 billion. Yang Xing took out $2 billion this time, which was definitely a big investment. For this reason, he specially hired more than 40 elite figures on Wall Street to form three groups. According to the different trading schedules of the three cities of New York, Hong Kong and London, it was constantly trading in the foreign exchange market for 24 hours, and wanted to maximize trading profits.
Chapter completed!