Chương 532: Chapter 532: Banks Shares
Los Angeles, Financial District, headquarters of West Pacific Union Bank. As the chairman of this regional bank, Charles rarely managed day-to-day affairs but made a special trip today for an important matter.
Dona Williams looked at her boss in surprise, "Are we selling all of these?"
At the beginning of the year, Charles had made a significant profit by selling U.S. Treasury bonds and had used $2 billion to purchase shares in several major Wall Street banks.
In just 8 months, the stock prices of these banks had risen substantially!
Goldman Sachs: Initially bought 6 million shares at $85 per share, costing 510 million; now, the stock price had surpassed $170, amounting to 1.02 billion.
JPMorgan Chase: Purchased 6 million shares at an average price of $25 per share, costing 150 million; now, the stock price had reached $42, amounting to 252 million.
Citibank: Initially bought 5 million shares at $30 per share, costing 150 million; now, the stock price was $40 amounting to 200 million.
Wells Fargo: Bought 10 million shares at $14 per share, costing Charles 140 million; now, the stock price had reached $26 amounting to 260 million.
Bank of America: Purchased 200 million shares at a 5.25 dollar price, accounting to 3%, costing 1.05 billion; now, the stock price had risen to $13 per share amounting to 2.6 billion, making it the biggest gainer.
Charles shook his head, "Sell everything except the Bank of America's shares." He was a director of Bank of America and planned to use it to restructure the California consortium.
Especially Goldman Sachs, even if it might continue to rise, Charles did not want to hold onto it anymore. "I'm tired of dealing with Universal Studios Osaka and their endless delays!"
Dona Williams nodded. West Pacific Union Bank had almost become the stronghold of AC Capital and Capet Capital.
AC Capital and West Pacific Union Bank had been collaborating to invest in Starbucks and Lululemon, while Capet Capital and West Pacific Union Bank had even closer financial ties.
However, Dona Williams still reminded, "Boss, selling the shares of these four banks will yield over $1.7 billion in cash. Excluding Bank of America, we've made over $780 million on our investments in these four banks!"
Charles stood up, patted Dona's shoulder with a smile, "Handle it as soon as possible. I have other plans for that money."
Dona Williams nodded, "There's been a lot of trading volume in bank stocks recently. I'll sell the shares as soon as possible. And Lily Ying has also come to the U.S. I will consult her too!"
Lily Ying had come to the U.S. with Lin Chi-ling and Gao Yuanyuan to purchase imported movies and enjoy a few days off.
...
In the evening, when Charles returned to his Malibu Dume Point Estate, Lin Chi-ling and Gao Yuanyuan had already gone back home.
"How long are you planning to stay here in the U.S.?" Charles asked with a smile, as he had been quite busy lately.
"Don't you want us here?" Gao Yuanyuan kissed Charles on the cheek, "Capet recently acquired Universal Pictures. That's huge international news. Congratulations are in order; Universal is one of the seven major film companies in the world!"
Charles smirked. Capet had been strong in recent years, but it couldn't compare to these century-old giants. Capet was more like a supercharged DreamWorks!
"Acquiring Universal was indeed necessary. The brand's influence on our future films is invaluable," Charles admitted the brand's value.
In North America, Capet could stand shoulder to shoulder with the big six; they were all giants. However, in the international market, Capet couldn't compete with these seasoned companies, especially as Hollywood became more crucial to the global market.
"I'm still shooting Painted Skin 2 and need to return soon," Gao Yuanyuan was genuinely busy. "Zhi-ling has more time and will stay a few more days."
"By the way, you're interested in European wineries, right? A lot of vineyards are up for sale these days. I checked out a few good ones near Bordeaux, France," Charles didn't lack money now, with another huge paycheck on the way. Liu Yifei had even gifted him a vacation villa in Saint-Tropez, France.
Gao Yuanyuan and Lin Chi-ling also didn't mind either!
"Yes," Gao Yuanyuan was very happy and gave Charles a kiss on his cheek.
Then, Charles flipped over and kissed the woman passionately...
...
The next morning, when Charles got up, he found that Gao Yuanyuan had already left the villa.
In the living room, Lin Chi-ling came out of the kitchen smiling, "Yuanyuan said she was going to take a chance at the film market."
"Breakfast is eggs and ham, it'll be ready soon," she said, returning to the kitchen.
Charles nodded, noticing Chi-ling wore a black silk low-cut camisole that showcased her sexy figure.
Following her into the kitchen, he hugged Lin Chi-ling from behind, resting his chin on her fragrant shoulder, "Yuanyuan said she had to return soon. How long can you stay?"
Lin Chi-ling leaned into his embrace, turned off the stove, and smiled, "I'm going to Japan soon to shoot a TV drama, to be aired next year; but, I've got enough time this year as I've reduced many advertising commitments to focus on improving my acting skills!"
"Improving your acting, huh? That's good," Charles just listened. Acting requires either talent or dedication, which is quite difficult.
"Oh yeah, I need to go to Vancouver for a magazine shoot," Lin Chi-ling said, looking up and giving Charles a kiss on the cheek. "Do you want to go and play for a few days?"
"These days are a bit busy. You go ahead. See if you find a house you like, I'll buy it for you. You can vacation in Vancouver anytime," Charles really had matters to attend to, needing to go to San Francisco to meet the chairman of West Pacific Union Bank.
Subsequently, Lin Chi-ling put down the kitchen tools, embraced Charles.
Charles smiled, his hands moving up to Chi-ling's chest, "Your eggs might get burned!"
"I already turned off the heat," Chi-ling said, brushing her cheek against his, "Is there still a fire this morning? Yuanyuan left early."
"What do you think?" Charles kissed the woman, who responded enthusiastically...
It was 40 minutes later when they left the kitchen. Lin Chi-ling settled for breakfast in the kitchen while Charles waited for his breakfast made by the woman!
...
Three days later, Charles bought a 10-hectare winery, Chateau Monlot, for Gao Yuanyuan in Saint-Emilion, Bordeaux. The vineyard covered about 7 hectares and cost 3.3 million euros.
Lin Chi-ling went to Vancouver for a magazine shoot and Gao Yuanyuan left to check the winery.
He had received news from the company that Goldman Sachs had agreed to sell their 50% stake in Osaka Universal Studios. Could it be that his sale of 6 million Goldman Sachs shares had an impact? How did they suddenly become so agreeable?
It shouldn't be. 6 million shares of Goldman Sachs were just over $1 billion, quite unlike West Pacific Union Bank, where a sale of its shares would significantly impact.
*****
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