Chapter 316 I would like to trouble you to go abroad
Tang Jianjun believed that Li Yuan could create a miracle.
He watched and thought about it all night.
There were signs of the circuit breaker issue a long time ago. Li Yuan was only remotely controlling the A-shares, but he was staying up late every day.
What is he doing staying up late?
They must be doing something big.
Otherwise, as the richest man, why would he have to stay up late every day for that little bit of money?
Combined with his understanding of Wall Street, these guys were desperately releasing news of circuit breakers on Saturday and Sunday, making it clear that they were ready.
This is no small matter. It cannot be prepared in a few words. It must be planned in advance.
With Li Yuan's strong financial sense, how could he not discover it?
It is normal to be able to discover it, and it is abnormal not to be able to discover it.
Once we discover it in advance, coupled with Li Yuan's decisiveness and ruthlessness, we will definitely make a lot of money today!
Although the money Li Yuan earns has nothing to do with him, there is an old man above him.
The old man has met Li Yuan, and he must take the money he earned.
After all, what matters is the amount of money.
Without Yuanzi, who would talk about love with you?
However, being in the game, he knew too well the importance of the money.
To put it bluntly, other growth points have been developed and all the money has found a destination.
But now the country is short of money...
We can’t impose real estate tax, right?
If it could be levied, it would have been levied long ago. The current situation does not allow the levy of property tax, so we can only find a few places to pilot it first.
China is different from other places. In other places, the people's livelihood tax is very high, but in China, due to its large population and income imbalance, the people's livelihood tax is very low, and most of it is tax-free.
For a commodity, from raw materials to processing and finally to sale, tax may be levied on the raw materials in the three links.
In foreign countries, taxes are levied on all three links.
Even when it reaches consumers, consumption tax will be levied again.
So even though China is a big consumer country and its annual consumption is far ahead, in fact, the consumption-related taxes are very low.
In addition, technology companies have various tax exemptions. As long as R&D expenses exceed 5% of revenue, they can be exempt from tax or apply the lowest tax rate.
The only two things that can be heavily taxed are tobacco and gasoline.
Real estate is the mainstay of the economy, but in fact there is not much tax at all in this area. Most of the revenue belongs to the local government, and only stamp duty is levied, which is only two or three hundred billion yuan a year.
It is stronger than A-shares, but the overall proportion is not high, and is even lower than gasoline.
The proportion of gasoline is 13%, and the proportion of real estate is about 2%, but the scale of real estate is too large.
For such a large scale, the tax is only two or three hundred billion, which is relatively low.
Domestic taxation, the two largest sectors at present are luxury goods tax, for example, every Apple mobile phone entering the country is subject to a 13% tariff. For example, some luxury cars, various high-end luxury goods...
To put it bluntly, this part of the tax is not aimed at the poor.
Then there is tobacco tax.
These two sectors are the leaders and have high foreign trade tax revenues, but the overall amount has not exceeded one trillion yuan, so they cannot enter this category.
The money Li Yuan earned for them was equivalent to an entire middle-level project.
For example, the A-share market is only worth more than 100 billion yuan a year, but Li Yuan made nearly 100 billion yuan for them in 2017 and more than 200 billion yuan in 2018.
They didn't make much in 19 years. Based on the profit of 8 billion US dollars, they only got 6.4 billion US dollars. Excluding management fees, it was less than 40 billion.
But Tang Jianjun always believed that everything happened for a reason...
Finally, he received the email from Yao Yingsong.
Everyone gathered together. For a moment, the air around them became a little turbid, and heads were crowded together.
The guy sitting in front of the computer felt like he was suffocating.
Smoke, sweat, bad breath...
But after seeing the report, all the negative emotions disappeared.
They have already summed up their experience. You don't need to look at the dense data at all. Just turn to the end to look at the floating profit.
A lot of numbers.
They counted several times.
"Four billion three hundred million dollars?"
Someone was unsure and muttered.
This sentence seems to be confirmed by the numbers in other people's minds.
"Fuck, is it really 4.3 billion US dollars? Wow..."
"Scroll up and check the positions..."
Tang Jianjun asked hurriedly.
He can now sleep well, but he still wants to see the specific data.
Soon, someone said: "This format is a bit messy..."
"Nonsense, this wasn't done by Yao Yingsong. The final data summary was probably added by Yao Yingsong temporarily, otherwise we really wouldn't be able to find the data for a while."
Everyone has their own habits. They were used to Yao Yingsong's model, and suddenly they changed to another one, which made them a little uncomfortable.
"All of them are short orders, 54 billion US dollars..."
"Hiss... Li Yuan is really adventurous... With such a good opportunity today, why didn't he liquidate ? It would be great if he liquidated it, and more than 4 billion US dollars would be in his pocket."
Tang Jianjun said: "What's the point of liquidating the company? Are you satisfied with more than 4 billion US dollars?"
"Satisfied, satisfied... It's not bad to make a little money like this. After all, we haven't opened for business for a long time..."
In the eyes of the national big funds, if you don’t make hundreds of millions of dollars a day, you are not considered to be in business.
It’s a good thing that the business can open, which means Li Yuan is still doing it and the future is promising.
Tang Jianjun sighed and said, "Li Yuan was a bit ruthless this time."
"Haha, leader, shouldn't you be happy? We own 80% of this fund."
"I'm happy, but forget it. It's a happy day, so let's not talk about this. I'm going to go back to sleep first. You guys can enjoy it slowly."
…
Tang Jianjun left the office building, got in the car, and drove straight back.
There were some things he didn't know how to say.
The more I get to know Li Yuan, the more I realize that this guy is very purposeful in everything he does.
He is not just sentimental.
Li Yuan showed his prowess this time. On the first day, he made more than 4 billion US dollars. Judging from his holdings, it seemed that this battle had just begun.
"I'm afraid it will be banned by Wall Street..."
After thinking for a while, he said, "Maybe this is good news. At least he has less money..."
In the past, many people were jealous of Li Yuan's money.
But for the New Year event, he spent tens of billions without hesitation , and the hidden costs may even exceed 100 billion, but he still did not ask for any privileges, which put many people at ease.
The good news is that Li Yuan is not very ambitious.
The bad news is that this may be the last wave of money Li Yuan can earn for them.
"Perhaps it's difficult to have both. On the one hand, I hope he makes less money, but on the other hand, I hope he can use his talent more..."
"Hmm? It seems there is a way to have the best of both worlds?"
Tang Jianjun suddenly thought of someone.
But now is not the right time.
…
After Li Yuan woke up, many people sent greeting messages to his Bi Xin account.
Because he no longer uses WeChat, many big guys have been forced to start using Bi Xin.
If you don't use it, you won't be able to contact Li Yuan...
Li Yuan didn't respond, he just called his family and asked about the situation.
In the next two trading days, funds in the U.S. stock market were frantically filling the gap, and even bigwigs from all sides personally stepped in to say that this circuit breaker was definitely the only one and would not happen a third time.
After all, everyone believes that the U.S. stock market will not collapse so easily, and there is no reason not to fill the golden gap created by the circuit breaker.
On Tuesday night, U.S. stocks rebounded three points, and on Wednesday night, U.S. stocks rebounded one point.
It seems that everything is moving in a good direction. In another two days, the U.S. stock market will be able to fill the circuit breaker gap. It will still be the same U.S. stock market, the unique U.S. stock market in the world.
In the past two days, Li Yuan has been losing money overall, but because he did T in advance, the overall loss was not much.
But on March 12, U.S. stocks fell six points at opening, and the S&P 500 index fell 7% during the session, triggering a circuit breaker.
Fifteen minutes later, trading began, but the trend continued downward.
The market fell 10% in the end, with the Dow falling 9.8% and the Nasdaq falling 1.04%.
On this day, Li Yuan did not repay the short position because the market had just started to fall.
The first circuit breaker is only to attract other funds to come in, and the second circuit breaker is the real harvest ground.
He put all the funds for T after the first circuit breaker into it on Wednesday night.
The overall funding scale is about US$6 billion more than before.
Among them, the short position funds in the account of Kingkong Capital reached 58 billion US dollars.
During this big drop, the QDII fund of Sky Capital made US$6.6 billion in one night.
The $4.3 billion on Monday was added up to a loss of $1.6 billion on Tuesday and Wednesday, so the total profit as of Thursday Western time was $8.3 billion.
At this time, Wall Street had not noticed anything unusual because Li Yuan's profits had not been realized.
On Friday, U.S. stocks fell another four points.
On March 16, Monday, after the U.S. stock market opened, the circuit breaker occurred instantly after opening, and fifteen minutes later, it continued to fall, just one step away from the second-level circuit breaker.
At this time, Li Yuan began to cash in on his profits.
The first is your own account funds.
Even though he knew there would be a fourth circuit breaker, he didn't want to wait.
During this period, he made a lot of money in Boeing's stock, and gradually took advantage of the profits.
At the beginning, it was a short order of 3 billion US dollars, and later another 2 billion US dollars was invested.
Repeated T-trading has forced Wall Street's funds to be unable to flow out, and the truth has been revealed.
Boeing's 17% drop today is his best opportunity.
Let Chen Jie be responsible for other funds, while he will only be responsible for Boeing.
It's not difficult for Chen Jie because many stocks are really at the floor price. Just buying tens of millions of dollars will have no impact on the market at all.
Come one by one, after you buy once, the market will digest the previous order and buy again.
Basically in half an hour, Chen Jie can buy four or five billion US dollars in chips.
Four or five billion US dollars can basically repay the previous US$10 billion short position.
It seems like it has only fallen by more than 30%, but in fact the three major U.S. stock indexes have almost halved. The situation for the corresponding U.S. stocks is even more terrifying.
As for Boeing, Li Yuan did not use leverage, so it would take a lot of tricks to get out.
At the same time, he also instructed Kingkong Capital to withdraw part of the funds, about one third.
Everything is proceeding in an orderly manner.
As time passed, it was soon time for the U.S. stock market to close.
Li Yuan looked at Boeing's stock price of 95 and the corners of his mouth curled up.
He has made more than 10 billion yuan in Boeing. After all, there have been six consecutive trading days with the stock price fluctuating by more than ten to twenty points every day.
But at this moment, there was a call from Sky Capital.
It's very simple, the account is locked and can't trade.
Exactly the same as last time.
This also means that after those guys on Wall Street discovered that someone was eating away at their profits, they immediately took a look at Li Yuan’s account.
Then I discovered...
My goodness, they had been planning there for a long time, and there was a thief stealing food behind them.
Looking at the short orders of more than 50 billion US dollars of Kingkong Capital, what's the point of caring about morality? Just block the account first!
If they let this money run away, they would lose at least 300 to 400 billion US dollars in profits.
After all, Kingkong Capital has a large leverage, and the current floating profit in the account is 55 points. According to the current position, it has made a huge profit of 30 billion US dollars.
“How much money has come out?”
"Only sixteen billion dollars."
"Well, that's enough."
There is no time today, let's talk about it tomorrow.
Li Yuan was not surprised at all, because those bastards had no other tricks except this one.
They dare not look back or push up the price now because their profits have not yet been realized.
They have to have another circuit breaker and then release the chips in the process of pushing up.
During this period, a lot of chips will be released, but they are all for accumulating funds for oneself and do not count as final profits.
It is very difficult for big funds to release chips when the market falls, unless they are under the cover of even larger funds like Li Yuan.
It was easy for them to use their tens of trillions of dollars to cover up their own funds of less than 200 billion dollars.
Generally, big funds run away after a gap is created and the stock price rises again.
In the process of smashing the gap, you can also earn some pocket money.
On March 17, Li Yuan and Chen Jie continued to cash in their profits.
Chen Jie's fingers were sore, and she had to have Li Yuan kiss her before she could continue working.
At the same time, Li Yuan began to use funds to buy Boeing stocks.
On March 18, the U.S. stock market triggered a circuit breaker again during trading, and Li Yuan and Chen Jie continued to cash in their profits.
Chen Jie said that she was exhausted and needed Li Yuan to give her some encouragement.
Although Li Yuan didn't have much oil, he still added it in the end.
Li Yuan is also buying Boeing shares.
On March 19, the U.S. stock market fell four points, but Li Yuan and Chen Jie were still cashing in their profits.
Kingkong Capital could only watch helplessly as the account earned more and more money, but there was nothing they could do.
The National Big Fund was even prepared to use diplomatic means to condemn, but in the end Tang Jianjun kept silent and waited for Li Yuan's reply.
And on this day, Li Yuan was still buying Boeing stocks.
Boeing is already in tatters, with a market value of only over 50 billion US dollars.
The shipping performance has plummeted due to the series of accidents...it is an object to be abandoned in the short term.
After the market closed, Li Yuan glanced at the exhausted Chen Jie and said, "Sister Chen, I'd like to trouble you to go abroad."
