Volume 8 Final Chapter Chapter 1229: Not Rich but Happy
While Nan Yi was fishing and relaxing, the little girl Nan Ruoqi was sitting in the trading room like a female general, watching the traders sell the shares of Guangyu Electric Appliances according to the rhythm.
A few days ago, Guangyu Electric just carried out a stock split. The little girl knew that the opportunity had come. She waited for a few days, and the stock price rose from 3.714 to 4.432. The book value difference of each of the 3.5 billion shares she raised was more than 1.4 Hong Kong dollars.
"Sell, 10,000 lots (1000 shares per lot)."
“Being eaten.”
"Sell, 12,000 lots."
"Being eaten, slowed down."
"8,000 lots."
“…”
The little girl stared at the big screen hanging on the ceiling, keeping an eye on the stock trends and issuing sell instructions from time to time.
As long as the share price of Guangyu Electric Appliances does not fall below HK$3 before short selling 3.5 billion shares, the short selling cost can be offset and a small profit can be made. The shares can then be bought back at a lower price, and the difference is pure profit.
Is it possible that 3.5 billion shares cannot be bought back?
It can be said that it is almost impossible.
A duck knows first when the river water warms in spring. A lot of European and American hot money invested in Hong Kong has been withdrawing. The pillars supporting the prosperity of Hong Kong stocks are being withdrawn one by one, and a sharp drop in the Hang Seng Index is imminent.
At this time, you can make money by being bearish on any index or any stock.
Of course, this is not something the little girl should consider now. She is still young and can just use a few billion to leverage a few hundred billion to try out the technique. She can just feel the atmosphere. For a big market like the financial crisis, it would not be too late for her to get involved after ten years.
A crisis comes every ten years; it will only be late, not absent. This is the third time that Nan's company has encountered one. Nan's people have become indifferent and have turned a blind eye to the direct, indirect, immediate and long-term profits of over 100 billion US dollars. Instead, they are estimating the losses that this crisis will bring to Nan. Except for the financial sector, accountants in other industries are all pulling their hair out, suffering from the messy financial statements that will appear in the second half of the year.
If we predict that a financial crisis is coming, we can indeed make a lot of preparations in advance to avoid losses, but some preparations are unavoidable. The reduction in consumption caused by the financial crisis is something we must face. We cannot close down or sell a business just because of a temporary bad market. We can only endure it. Once the crisis is over, we will win.
After several consecutive sales, the little girl had sold more than 200 million shares. She could finally breathe a sigh of relief. She took out a lollipop from her pocket and put it in her mouth, thinking about what dish she would ask her grandmother to cook in the evening.
There are surveillance cameras in the trading room. Zhao Shixian has been watching the surveillance images on the computer screen in his office, keeping an eye on his baby daughter at all times.
She could only pay attention in this way and could not go to the trading room and stand next to Nan Ruoqi. If she did that, Nan Ruoqi would have a psychological support, and the instructions she gave might not necessarily represent her true level. Moreover, in the long run, the support would turn into dependence, and then, into something superstitious.
For example, lucky rings, lucky necklaces, lucky red shorts, Buddha neckbands, and Guan Gong tattoos on the back are actually useless, but they can also give yourself psychological hints.
Once a person begins to believe in such illusory things, the only thing running through his bones is the gambling nature. Finance that relies on gambling will always be in the lower class. If one makes a mistake once in his life, everything will be lost.
"Hey, your baby girl's operation for today is over."
"How's your mood, little girl?"
"You're in a good mood and in a good state. You should do something."
"learn."
Nan Yi hung up the phone and sent a message to Chen Wenqin: Fire in the hole.
After receiving his message, Chen Wenqin immediately sent a message as well. The CEO of Wolley, a little-known non-performing asset management company in Beijing, went out to a company called Xinda.
During Huang Gomei's rise, especially on the eve of Guangyu Electric's backdoor listing, he did not have the ability to raise funds in Hong Kong and could not come up with the money to buy the shell. He had no money to go to the bank. This is something that even a three-year-old baby knows, not to mention Huang Gomei who is very good at taking out loans.
At the beginning of the backdoor listing, Huang Guomei borrowed more than 400 million yuan in auto loans from Guoming Bank through a guarantee company. Car loans are very troublesome , and the amount of loans cannot be much, but he still borrowed more than 400 million yuan in three years in a piecemeal manner, and most of the money went to.
Even so, the funding gap still far exceeds the supply. After all, cashing out is limited. In fact, in order to maintain the stock price, Huang Gome needs to buy Guangyu Electric Appliances shares from time to time to support the market. On the other hand, the cashed-out funds are quickly used for domestic real estate development and Guangyu Electric Appliances' expansion across the country, but the money is never enough.
In fact, Huang Guomei's position as the richest man is very fake. He has many loans from various banks. A small part of them are compliant, but most of them are illegal, and many of them have become non-performing assets, such as the 400 million car loan.
In 2004, China Construction Bank initiated its shareholding reform and began to divest a large number of non-performing loans. In June, the four major state-owned asset management companies jointly participated in the bidding hosted by the Central Bank and the Ministry of Finance. Cinda Asset Management Co., Ltd. won a total of 278.7 billion yuan in non-performing loans from China Construction Bank and China Construction Bank at a nominal price of 50% of the book assets.
Previously, during the divestiture of Guoming Bank's non-performing assets, some of the loans that Huang Guomei had lent out in the name of other companies over the years were clearly transferred to the name of Xiao Huang's family and listed as suspicious assets. This part of the loans totaled more than 400 million yuan and was sold to Cinda along with Guoming Bank's entire non-performing asset package, valued at 23% of the book assets.
In 2005, Xinda sold the above-mentioned non-performing loans of more than 400 million yuan separately. Among the four bidders, two companies were closely related to Huang Guomei, and one of them won the bid at 40% of the book assets, which was almost the same as the base price.
However, when the transaction procedures were almost completed, the China Banking Regulatory Commission rejected it.
Just a few days ago, Xinda once again publicly tendered for the sale of Beijing-based non-performing asset packages, and one of the asset packages, with a total book value of 1.528 billion yuan, again included the above-mentioned non-performing loans of more than 400 million yuan. Xinda also stated in the announcement: "The main assets are the debts of a corporate group engaged in real estate development and retail business."
The suspicious loans of more than 400 million yuan had no credit, no clear collateral, and the purpose of the loans was unknown. They could not be recovered for many years. Most people would not dare to take them. The only person who could take them was Huang Guomei. Once he successfully bought back the asset package at a 40% discount, it would be equivalent to using more than 100 million yuan to offset the problematic loans of more than 400 million yuan, and he would not be chased for debt again.
This is a very disgusting thing. The debt relationship between companies also leads to the same result. The debtor company drags down the creditor company, and then acquires the debt held by the creditor company at a low price. A debt of 1 billion can be settled with just a few million.
Huang Guomei has the connections to accomplish this, but there are also some justice-minded people who don't want to see him so rampant, such as Nan Yi.
Nan Yi stood in a corner of the fish pond and thought for a while, then sent a message to Mei Zhengyi: Let’s have a cup of Gong in the evening.
Beigong, also known as Gongdao Rice, is a dish in which poor people from Qiongdao would pool their money to buy three birds (chicken, duck and goose) in order to have a good meal. In addition to the head, feet and other parts which had to be divided equally, the thumb-sized chicken heart had to be divided equally as well. This was called "gongdao" or "eating justice". Over time, they developed a way of cooking this delicacy - chicken/duck rice.
After sending the message, Nan Yi returned to the fishing platform and continued chatting with Yang Xiaohu.
Men like to be with women of different ages at different stages. When they are young, they always like to be with older sisters. When they reach their golden age, they prefer women of the same age. When they are a little older, they start to like women younger than themselves. As they get older, the objects of their affection become younger.
Nan Yi now likes to hang out with women in their twenties. It doesn’t necessarily have to be something going on, just chatting is fine.
Take Yang Xiaohu in front of him for example, she is not his type. Even if they sleep in the same bed, if he puts a bowl of water in the middle, when he wakes up the next morning, there will be no less water except for the water that evaporates.
Yang Xiaohu also likes to chat with Nan Yi. At the beginning, she was worried that Nan Yi was coveting her beauty and was wary. Later, she found that Nan Yi had no such intention towards her and felt disappointed. Now she is calm and thinks that this is not bad. Someone is optimistic about her and is willing to spend a lot of money on her. Nan Yi is her benefactor.
…
The next day.
Nan Yi went to Yaer Hutong and asked Li Weijing to set up two subsidiaries, one was Heron Trading and Finance, and the other was Two Birds Industry.
Lushi Trade and Finance is positioned to engage in textile-related export and lending businesses. This year, affected by multiple factors, more than 70,000 small and medium-sized enterprises in China have gone bankrupt, with the largest concentrations in the textile and apparel, toy, and furniture industries. The tsunami of the subprime mortgage crisis is about to sweep over, and small and medium-sized enterprises will find it even more difficult.
Nan Yi is not a Bodhisattva, does not have great supernatural powers, and cannot save all sentient beings. He is not Sakyamuni, cannot cut his flesh to feed an eagle, and does not have the energy to verify one by one which of the tens of thousands of companies are worth helping.
The reason why Lushi was established now is to wait for the reshuffle. Those that fall first always made serious mistakes in one aspect, or there are problems with product quality, or poor marketing capabilities, or blindly expanded, using loans and private lending to leverage the model to open branches . This category can be classified as a bottomless pit, and no matter how much money you put into it, it will never be enough.
After eliminating these, what remains is the most essential part. By using only probability theory for blind investment, the funds invested can be recovered very easily.
The reason why he only targeted the textile industry is that, first, Nan Yi is more familiar with this industry; second, the problems in this industry are the most serious; and third, the practitioners in this industry are mainly women. He does not want to see a situation where Qian Meizi can recruit people at will. The foundation of personal independence is economic independence. If the source of income is cut off, how can women be independent?
Nan Yi prepared 3 billion in cash for Lushi, as well as a 5 billion loan line obtained through face recognition, in order to train foreign trade salesmen and actively look for foreign trade orders; it entered the field of private lending and provided loans with an interest rate of up to 5% (annual interest rate of 60%) to the owners of textile companies; and it provided financing for large textile companies that lacked funds.
This time Nan Yi has really gone all out. His bottom line is not to lose money, otherwise he would not have lowered the interest rate to 5%. With such a high interest rate, only people who are at the end of their rope would borrow money, and the probability of it becoming a bad debt is extremely high. It is like soaking paper money in water and betting that it will not be rotten. It also seems like usury, and the people he saves may not necessarily be grateful. They may curse him to be hit by a car when he goes out, or wait for him to be sued and be ruled that the interest exceeding the limit is not protected by law.
Nan Yi was mentally prepared, so he just acted like an idiot this time and helped others until tears streamed down his face.
Liangniao Industry is mainly engaged in the production of home appliances, or more precisely, the production of industrial waste. It scours for unsaleable inventory parts and pieces to piece together various home appliances. It does not guarantee their advancement, service life, or quality, but only guarantees their safety and low cost. It serves those who have fallen behind on the road to the four modernizations and solves their "have" problems.
In Nan Yi's eyes, he saw a husband and a son carrying a one-hundred-dollar TV on their backs, staggering along the mountain road. When they got home, the TV allowed his son and daughter to see the outside world, and they were determined to work hard so that their long-ill parents could enjoy audio-visual experience in the last moments of their lives, leaving fewer regrets.
Two birds entering the door means happiness even if you are not rich. Two birds serve fairness.
