Chapter 281 Sowing After the Storm
Chapter 281 Sowing After the Storm
"Happy New Year, Mr. Fu."
He reached out his hand and gripped it tightly.
Happy New Year. Thank you for your hard work.
The two walked into the office.
Xinghui's office area is much busier than last year.
After the financial crisis, many hedge funds and investment companies laid off staff or even went bankrupt. Chen Zheng took the opportunity to poach a lot of people, including traders, analysts, and quantitative researchers.
The number of workstations has increased from fifty or sixty last year to seventy or eighty, and they are almost all full.
"Mr. Fu, this is the latest portfolio report."
Chen Zheng handed over the tablet computer, which displayed a densely packed table.
Fu Yibai took it and read it line by line.
Apple: 2.7% stake, average cost $9.7. Current share price $11.3, unrealized profit of approximately 16.5%.
Amazon: 3.8% stake, average cost $41.5. Current share price $48.2, unrealized profit approximately 16.1%.
Tesla: 18.5% stake, acquired through a combination of private agreements and secondary market transactions, with a combined cost of approximately $3.2 per share. Current share price is $4.1, representing a paper profit of approximately 28.1%.
Sina: Holding 18.3% of the shares, with an average cost of $22.5. The current share price is $26.8, representing a profit of approximately 19.1%.
NetEase: 6.1% stake, average cost $18.3. Current share price $21.5, unrealized profit of approximately 17.5%.
There are also several energy and pharmaceutical stocks—Schlumberger, ExxonMobil, Pfizer, Johnson & Johnson, Gilead Sciences…
"Gilead?"
Fu Yibai pointed to the name on the screen.
"right.
We acquired a 4.7% stake in this biopharmaceutical company at an average cost of $18.2.
Chen Zheng opened his notebook.
"They have an HIV drug in clinical trials, and the data is very good."
If approved, the stock price will at least double.
They are also developing a treatment plan for hepatitis C. I consulted with analysts in the pharmaceutical industry, who said that if a breakthrough is achieved in this area, the market potential is enormous.
Fu Yibai nodded.
"Good taste."
Chen Zheng grinned.
"Mr. Fu's direction was correct."
The stocks you mentioned last September—Apple, Amazon, Tesla, Sina, and NetEase—are all currently rising.
Tesla, in particular, is still losing money financially, but Musk has raised another round of funding, and Roadster pre-orders have increased.
The market is starting to believe the story.
Fu Yibai leaned back in his chair, his fingers tapping lightly on the table.
"Has Musk signed a concerted action agreement?"
"Signed."
Chen Zheng took a document out of the drawer and handed it over.
"We own 18.5% of the shares and have pledged not to interfere in the operation, and our voting rights will be consistent with Musk's."
The term is ten years.
In exchange, Musk promised that we would have a pre-emptive right to subscribe to any future new share issuances.
Fu Yibai opened the document, glanced at it, and closed it.
"Can.
Keep it up.
When it comes to Tesla, don't look at short-term financial reports; look at its long-term vision and execution.
"clear."
"Also, we shouldn't just focus on China and the US."
The financial crisis affected Europe, Japan, South Korea, and Southeast Asia; it was a global crisis, and good companies were not only wrongly punished in the United States.
You assemble a cross-border investment team to specialize in uncovering undervalued, high-quality assets overseas.
"Yes."
Chen Zheng stood up.
"Mr. Fu, there's one more thing."
"Um?"
"Regarding Xinghui Investment's future strategic positioning."
Chen Zheng's tone became serious.
"We now manage assets exceeding ten billion US dollars."
With this size, the ceiling for purely secondary market arbitrage is too low.
I'm thinking, could we split Star Shine into two parts?
One part will continue investing in the secondary market, and the other will be used for strategic investments, holding shares in high-quality companies for the long term, like Buffett.
Fu Yibai turned around, looked at Chen Zheng, and smiled slightly.
"You and I are thinking the same thing."
Chen Zheng's eyes lit up.
"That……"
"You'll take the lead on this."
Fu Yibai patted him on the shoulder.
"In the secondary market, we will continue to maintain flexibility and aggressiveness."
In terms of strategic investments, the targets should be few but of high quality.
Companies like Tesla, Apple, and Amazon can be bought for ten or twenty years.
"clear!"
Chen Zheng nodded vigorously.
When we left Xinghui Investment, it was already quite dark.
The car entered the evening rush hour traffic.
Evenings in Los Angeles are different from those in Beijing.
The evening rush hour in Beijing is hazy, with smog and exhaust fumes mixing together, turning the sky a dark yellow.
The sunset in Los Angeles was orange-red, the moisture from the Pacific Ocean shattering the sunlight and spreading it across half the sky, like an impressionist oil painting.
It was completely dark when the car entered Beverly Hills.
The villa's lights were on, and through the floor-to-ceiling windows, you could see Anne and Scarlett sitting on the sofa.
He pushed the door open and went in.
The two women turned their heads at the same time.
"You're back?"
Anne stood up, walked over, and took the coat from his hand.
"Have you got a meal yet?"
"Not yet, what about you guys?"
"I've already eaten."
I'm going to fry the steak.
Scarlett stood up from the sofa and stretched.
She changed into a burgundy slip dress, her collarbone and shoulder line gleaming faintly under the light.
…………
The three people sat down at the dining table.
The steak was cooked to perfection, crispy on the outside and tender on the inside, with a beautiful pink color when cut open.
The side dishes are roasted asparagus and mashed potatoes.
After dinner, the three of them snuggled up on the sofa to watch a movie.
Annie chose an old movie – Casablanca.
The black and white images flickered on the television screen, with the faces of Humphrey Bogart and Ingrid Bergman appearing and disappearing in the light and shadow.
Scarlett leaned against him on his left, and Anne leaned against him on his right.
The sound of palm leaves rustling in the wind came from outside the window, along with the faint sound of waves in the distance.
"pay."
Scarlett's voice was soft.
"Um?"
"Do you think there's a place in the world where you can experience both the winter of Los Angeles and the spring of Beijing at the same time?"
Fu Yibai turned his head to look at her.
Scarlett's gaze was fixed on the television screen, but her eyes were unfocused, as if she were looking at something very far away.
"Maybe so."
"Where?"
Fu Yibai thought about it.
"In the movie."
Scarlett paused for a moment, then laughed.
"Your answer is just like what the director said."
She buried her face in the crook of his neck and closed her eyes.
Anne, on the other side, pulled his hand over and placed it on her lap, gently circling her fingers in his palm.
The three of them snuggled up on the sofa, watching a black and white movie and listening to the wind outside the window.
The movie is over.
As the end credits rolled, the melody of "As Time Goes By" echoed in the living room.
Anne yawned.
"Tired?"
"Um."
"Go to sleep then."
The three people went upstairs.
That night, in the villa in Beverly Hills, there was no passionate entanglement, only a quiet embrace.
Anne curled up to his left, Scarlett to his right, and the three of them gradually synchronized their breathing, becoming the same rhythm.
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