章節 1415: Chapter 1415: Trillion-dollar gains!
Think back to last June.
Xia Yu predicted that the international crude oil price was close to its peak after the oil crisis in the early 1980s.
Therefore, he asked the investment departments of the Galaxy Fund, Bright Fund, Solomon Brothers, Polaris Capital, Bridgewater Fund, Tiger Fund, major banks and insurance companies and other financial companies to use different levers, investing a principal of 15.6 billion US dollars, and in total, leveraging 223.5 billion US dollars to enter the market and short the international crude oil futures. The average position price was 27.62 US dollars per barrel.
The position amount of 223.5 billion US dollars at that time accounted for 20% of the short positions!
Later, as OPEC began to expand production and sell oil at low prices, the international crude oil price began to fall.
As a result, the international crude oil price began to fluctuate violently, and no organisation could determine what the bottom of the price would be.
Therefore, there were long and short positions entering or increasing positions every moment, depending on the judgement of the price.
Of course, there were also unlucky people who made a mistake in their judgement and had to close their positions and leave.
However, this would never happen to Xia Yu's company.
After the international crude oil price fell, Xia Yu's huge financial company continued to increase its position without his telling them to.
Although they continued to increase their position, the proportion of short positions held by Xia Yu's side was actually decreasing because the number of players on the table had increased dramatically.
But this was actually a good thing for Xia Yu.
Of course, because the price at which different companies continued to increase their bets or enter the market, the timing, and the amount bought were all different...
Some of these companies are wholly owned by him, some are joint ventures, and some are in other situations.
So in the end, Xia Yu couldn't figure out for a while just how much share he had in this ever-changing big pie!
And how much profit he had made!
Apart from shorting international crude oil.
Last year, Xia Yu also made a big move to lay out the financial markets of various countries before the signing of the Plaza Accord.
The United Kingdom, France, the island countries, Canada, Italy and other countries, whether it is the exchange rate or the stock and bond markets, have all been invested in.
The investment amount and leverage ratio in each country and market are different.
Fortunately, compared to international crude oil futures,
the layout of these countries' financial markets has a much longer operating period, and it is not yet time to reap the harvest this year.
Therefore, Xia Yu is not worried, as long as he can ensure that there is always a floating profit and no losses.
The reason why he must pay attention this time
is because after the full harvest of international crude oil futures, the huge profits he has reaped require him to find a market broad enough to continue to invest and increase in value.
The market where the US dollar has depreciated due to the signing of the Plaza Accord and the currencies of various countries have appreciated is the most suitable market for investment.
Of course, before making a new investment plan,
Xia Yu still needs to determine the specific situation of this gain and, based on the amount of the gain, make an appropriate deployment of the use of funds.
...
In Xia Yu's office,
Fok Kin-ning sat on the sofa, a little dazed, his gaze absently watching Xia Yu, who was checking the statistical report on the other side.
He had personally produced the action and successful statistical report on international crude oil futures, so he knew the content inside out.
But precisely because he knew it so well, he could not calm down.
His world view had once again been destroyed!
Even though he was the director of Xia Yu's family office and the prime minister of Xia's business empire, he had long understood the assets of Xia Yu's vast empire.
But most of those were companies after all.
And this time, with over a hundred billion dollars in revenue, and all of it liquid, how could it be the same?
As Fok Kin-ning was in a daze, Xia Yu's smile on his face grew brighter and brighter, as if there was a heroic feeling in his chest that wanted to rush straight to the heavens.
He couldn't help but cheer.
'Yes!'
'Eat until you're full, haha...'
The overall short selling plan for international crude oil futures is very large and complex.
If we break it down into two main parts, it becomes much clearer.
First, Xia Yu had the major companies start working on it in advance, leveraging 15.6 billion US dollars to get 223.5 billion US dollars into the market.
The average price of opening a position in this part was 27.62 US dollars per barrel.
The average price of closing a position was 14.11 US dollars per barrel.
Therefore, the gross profit from this part of the operation was 109.322 billion US dollars.
After deducting the cost of capital usage and the trading team's commission, the profit belonging to the company was 101.013 billion US dollars.
The main cost is the cost of capital usage. The interest on leveraged financing is relatively high. The specific cost is more complicated, after all, different banks, different leverage ratios, different capital chains, and even different countries.
And it is impossible for all of these 101.013 billion US dollars to belong to Xia Yu.
Because apart from a few companies registered in offshore paradises such as Galaxy Fund, many banks are registered in various countries, which means they are bound to pay taxes!
Even if reasonable tax avoidance measures are taken, at least a dozen points of tax cannot be avoided.
Therefore, it is estimated that only about 87.5 billion US dollars of the 101.013 billion US dollar profit will eventually be in the hands of Xia Yu.
Another large part of the profit will be re-entered the market after the international crude oil price falls.
This large part is more complicated, involving many non-wholly owned subsidiaries.
Therefore, the statistics are based on the company level. After all, not all the profits earned by these non-wholly owned companies will necessarily be used for dividends, and the nature of the money that cannot be obtained at will is of course different.
This large part entered the market after the crisis, and it was difficult to establish positions and the prices were not good enough.
A total of 86.49 billion US dollars has been invested, and the average short position price is 20.18 US dollars per barrel.
The average closing price is 14.07 US dollars per barrel.
Therefore, the gross profit from this large part of the transaction is 26.187 billion US dollars.
This gross profit of 26.187 billion US dollars, after deducting a series of costs and taxes, is then distributed according to the company's equity ratio.
What can be attributed to Xia Yu is about 16 billion U.S. dollars.
When these two parts are added together, the net profit that ultimately belongs to Xia Yu in a real sense is still over 100 billion U.S. dollars!
His global business empire has an extra 100 billion U.S. dollars in liquid capital, and its security has instantly increased by several levels.
As for its offensive capabilities, there is no need to say more.
If Xia Yu wants to attack a certain consortium, it is enough to single-handedly sweep aside the vast majority of consortia around the world.
Of course, Xia Yu would not go crazy and go to war with a consortium. This is not in line with his low-key development style.
'The vast majority of the profits from this will go to the various companies, and they can arrange it themselves. After all, the various acquisitions before have definitely increased their debt.'
Xia Yu remembered that the Polaris Consortium had spent more than 2 billion US dollars in April to improve its satellite and rocket layout, and he made a decision in his heart.
The same goes for Europe. The United Kingdom and France have privatised one after the other, but it's very capital-intensive. This time, it's also a good way to let the Bright Consortium in Europe recoup some of its losses, reduce risks, and enhance overall security and stability.
After all, the money is in the hands of each company, and when he has any strategic plans in the future, he still has to ask these companies to spend the money.
If there isn't enough money, in the end, won't he have to dip into his secret stash again to make up the difference?
It's all the same in essence!
But the good news is that this time, the amount of money in his secret stash, the Galaxy Fund, has rebounded to the 30 billion US dollar mark.
Last year, the Galaxy Fund had a high liquidity of 32.4 billion US dollars.
Later, in addition to taking out a portion to short sell international crude oil futures, he also took out 20 billion US dollars and invested it in the island country, causing the amount of liquidity to fall to about 10 billion US dollars.
This time, the Galaxy Fund short sold international crude oil futures, and in addition to the cost of using the funds, the after-tax profit was as high as 18.47 billion US dollars.
Together with the original capital, the liquidity of the Galaxy Fund has now rebounded to 31.68 billion US dollars.
The secret stash is once again full.
每周推薦票狀態
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榜單 
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