Chapter 316 I want to trouble you to go abroad
Tang Jianjun believed that Li Yuan could create miracles.
He watched and thought about it all night.
There have been clues about the circuit breaker for a long time. Li Yuan only controlled the A shares remotely, but he stayed up late every day.
What was he doing up late?
He must be doing something big.
Otherwise, he, the richest man, would have to stay up late every day just for a small amount of money?
Coupled with his knowledge of Wall Street, this group of guys desperately released news about the circuit breaker on Saturday and Sunday, making it clear that they were ready.
This is no small matter and cannot be prepared in a few words. It must be planned in advance.
How could Li Yuan not detect this with such a strong financial sense?
It's normal if you can find it, and it's abnormal if you can't find it.
Once discovered in advance, coupled with Li Yuan's decisiveness and ruthlessness, he 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 met Li Yuan, and he must take it away if he makes money.
After all, what matters is the identity.
Without Motoko, who would talk to you about feelings?
But being in the game, he knew the importance of this money all too well.
To put it bluntly, other growth points have been developed, and all the money has its destination.
But now the country is short of money...
You can’t collect real estate taxes, right?
If it could be collected, it would have been collected long ago. The current situation does not allow the collection of real estate tax at all. We can only find a few places to pilot it first.
China is different from other places. In other places, people's livelihood taxes are very high. In China, because of its large population and uneven income, there are very few people's livelihood taxes, and most of them are tax-free.
A commodity, from raw materials, to processing, and finally to sale, may also be subject to raw material taxes.
In foreign countries, all three links are taxed.
Even when it reaches consumers, consumption tax will be levied again.
Therefore, despite being a big consumer country, China is far ahead in consumption every year. In fact, consumption-related taxes are very low.
In addition, technology companies have various tax exemption quotas. As long as R\u0026D expenses exceed 5% of revenue, they can be tax-free or apply to 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 regard. Most of the income belongs to the local government, and only stamp duty is levied, which is only two to three hundred billion a year.
It is stronger than A-shares, but the overall ratio is not high, and the ratio is not as good as gasoline.
The proportion of gasoline is 13%, and the proportion of real estate is almost 2%, but the scale of real estate is too large.
On such a large scale, there are only two to three hundred billion in taxes, which is relatively low.
In terms of domestic taxation, the two largest sectors at present are luxury goods tax. For example, Apple mobile phones, every 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 targeted at the poor.
There is also the tobacco tax.
These two sectors dominate the list and have a large amount of foreign trade tax revenue, but the overall revenue does not exceed one trillion yuan and cannot enter this ranks.
The money Li Yuan earned for them was equivalent to an entire middle-tier project.
For example, A-shares only generate more than 100 billion a year. Li Yuan earned them nearly 100 billion in 2017, and more than 200 billion in 2018.
They didn’t make much in 2019. Based on a profit of 8 billion US dollars, they only had 6.4 billion US dollars in their hands. Without deducting management fees, it was less than 40 billion US dollars.
However, Tang Jianjun always believed that there was a reason...
Finally, he waited for the email from Yao Yingsong.
Everyone came closer, and the air around them suddenly became a little turbid, and their heads were squeezed tightly.
The guy sitting in front of the computer felt like he was suffocating.
Smell of smoke, sweat, bad breath...
But after seeing the report, all negative emotions were swept away.
They have already summed up their experience. There is no need to look at the dense data at all. Just turn to the end to see the floating profit.
A lot of numbers.
They counted it several times.
"$4.3 billion?"
Someone was unsure and muttered.
This sentence seems to be corroborated with the figures in other people's minds.
"Damn it, is it really 4.3 billion US dollars? Darling..."
"Scroll up and see the position status..."
Tang Jianjun asked quickly.
He was able to sleep well, but he still wanted to see the specific data.
Soon, someone said: "This format looks a bit messy..."
"Nonsense, this was not done by Yao Yingsong. The final data summary was probably added temporarily by Yao Yingsong, otherwise we would really not be able to find the data for a while."
Everyone has their own habits. They were used to Yao Yingsong's model, but suddenly they changed to another model, and they were a little uncomfortable.
"It turned out that all were empty orders, 54 billion US dollars..."
"Hiss... Li Yuan really dares to take risks... With such a good opportunity today, why hasn't it been liquidated? It would be great if it was liquidated. More than 4 billion US dollars will be directly pocketed."
Tang Jianjun said: "What a waste of time after liquidation. Are you satisfied with more than 4 billion US dollars?"
"I'm satisfied, I'm satisfied... It's not bad to make a little money like this. After all, it hasn't been opened for a long time..."
In the eyes of big national funds, if you don’t make hundreds of millions of dollars a day, it’s not considered a business.
Being able to open is a good thing, it means that Li Yuan is still doing it, and the future is promising.
Tang Jianjun sighed and said, "Li Yuan's killing was a bit harsh this time."
"Haha, leader, shouldn't you be happy? We have 80% of this fund."
"I'm happy...forget it. It's a big day. Let's not talk about it. I'll go back to sleep first and you can enjoy it by yourselves."
…
Tang Jianjun left the office building, got in the car, and rushed back.
There are some things he doesn't know how to say.
The more you know about Li Yuan, the more you find that this guy has a strong purpose in everything he does.
He is not simply sentimental.
Li Yuan showed his sharpness this time. On the first day, he made more than 4 billion US dollars. According to the position situation, this battle seems to have just begun.
"I'm afraid I'm going to be blocked by Wall Street..."
After thinking for a while, "Maybe it's good news, at least he has less money..."
In the past, many people were greedy for Li Yuan's money.
But for the New Year incident, he did not hesitate to spend tens of billions. The hidden cost may even exceed 100 billion, and he still did not ask for any privileges, which reassured many people.
The good news is that Li Yuan is not ambitious.
The bad news is that this may be the last wave of money that Li Yuan can make for them.
"Perhaps it's difficult to have both ends. On the one hand, I hope he has less money, but on the other hand, I hope he can use his talents more..."
"Huh? It seems there is a way to have both ends?"
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 Bixin account.
Because he no longer uses WeChat, many big guys are forced to start using Bixin.
If you don't use it, you can't contact Li Yuan...
Li Yuan didn't reply much. 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 big bosses from all parties stepped in personally, saying that this circuit breaker was definitely the only one and that it would not happen a third time.
After all, everyone believes that the U.S. stock market will not collapse so easily. There is no reason not to fill the golden gap created by the meltdown.
On Tuesday night, U.S. stocks counterattacked three points, and on Wednesday night, U.S. stocks counterattacked one point.
Everything seems to be moving in a good direction. In the next two days, the U.S. stock market will be able to close the circuit breaker gap. It is still the same U.S. stock market, and it is the only U.S. stock market in the world.
In the past two days, Li Yuan was losing money overall, but because he did the T in advance, the overall loss was not much.
But on March 12, U.S. stocks fell six points at the opening, and the S\u0026P 500 index fell 7% during the session, triggering a circuit breaker.
Fifteen minutes later, trading began, but the trend continued downward.
In the end, it fell 10%, with the Dow Jones Industrial Average falling 9.8% and the Nasdaq falling 1.04%.
On this day, Li Yuan did not repay the short order because it had just started to fall.
The first circuit breaker was just to attract other funds to come in. The second circuit breaker was the real harvesting ground.
He filled in all the funds he had spent on T after the first circuit breaker on Wednesday night.
The overall funding scale is approximately US$6 billion more than before.
Among them, the short order funds in Qingtian Capital’s account reached 58 billion US dollars.
In this big drop, Qingtian Capital QDII Fund made a profit of US$6.6 billion in one night.
The US$4.3 billion on Monday was added up to a loss of US$1.6 billion on Tuesday and Wednesday, so as of Thursday Western time, the total profit was US$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.
After the market opened on Monday, March 16, the U.S. stock market opened with a circuit breaker. Fifteen minutes later, it continued to drop, and was only one step away from the second level circuit breaker.
At this time, Li Yuan began to cash in his profits.
The first is your own account funds.
Even though he knew there was a fourth circuit breaker, he didn't want to wait any longer.
During this period of time, he made a fortune in the Boeing ticket, bit by bit eating into the profits.
It started as a short order of US$3 billion, and later invested US$2 billion in it.
Repeatedly doing T, forcing Wall Street's funds to not come out, has been exposed.
Boeing fell 17% today, which is his best chance.
Let Chen Jie be responsible for other funds, while he is only responsible for Boeing.
Chen Jie's side is less difficult, because many stocks are really at floor prices, and they can be bought for tens of millions of dollars without any impact on the market.
One by one, after buying once, the market will digest the previous order and buy again.
Basically, in half an hour, Chen Jie could buy four to five billion US dollars in chips.
Four to five billion US dollars can basically repay the previous 10 billion US dollars of short orders.
It looks like it has only fallen by more than 30%. In fact, the three major U.S. stock indexes have almost halved, which is even more terrifying when compared to the corresponding U.S. stocks.
On Boeing's side, Li Yuan didn't take the lever, and it would take a lot of tricks to get out.
At the same time, he also ordered Qingtian Capital to start withdrawing part of the funds, about one-third.
Everything is going on in an orderly manner.
As time progresses little by little, it will soon be time for the U.S. stock market to close.
Li Yuan looked at Boeing's stock price of 95 and raised the corners of his mouth.
He has made more than 10 billion in Boeing. After all, for six consecutive trading days, the amplitude was more than ten or twenty points every day.
But at this moment, there was a call from Qingtian Capital.
It's very simple, the account is locked and cannot be traded.
Exactly the same as last time.
This also means that after the guys on Wall Street discovered that someone was eating away at profits, they immediately took a look at Li Yuan's account.
And then found out...
Good guy, they have been setting up there for a long time, and there is a thief stealing food behind them.
Looking at Qingtian Capital’s more than 50 billion US dollars of short orders, why do you care about moral nonsense? Block the account as soon as possible!
If they let this money escape, they would lose at least thirty to forty billion dollars in profits.
After all, Qingtian Capital has used a lot of leverage. The current account floating profit is 55 points. According to the current position, it has made a huge profit of 30 billion US dollars.
"How much money has been released?"
"Only $16 billion."
"Well, that's enough."
There is no time today, let’s wait until tomorrow.
Li Yuan was not surprised at all, because those dogs had no other tricks except this one.
They dare not look back or pull up now because their profits have not yet been made.
They have to blow the circuit breaker again and then release their chips during the pull-up process.
During this period, a lot of chips will also be released, but they are all for accumulating funds for oneself and do not count as final profits.
It is difficult for big funds to release chips when falling, unless they are covered by larger funds like Li Yuan.
Others have trillions of dollars in capital, but they can easily cover their own capital of less than 200 billion U.S. dollars.
Generally, big funds run away when the stock price rebounds after creating a gap.
In the process of breaking the gap, you can earn some pocket money.
On March 17, Li Yuan and Chen Jie continued to cash in their profits.
Chen Jie's fingers were sore that she couldn't continue working until Li Yuan kissed her.
At the same time, Li Yuan began to use funds to buy Boeing stocks.
On March 18, the circuit breaker was triggered again during the US stock market, and Li Yuan and Chen Jie continued to cash in their profits.
Chen Jie said that she had no strength and needed Li Yuan to give her some fuel.
Although Li Yuan didn't have much oil, he finally added it.
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 profits.
Qingtian Capital could only watch as the account earned more and more, but there was nothing that could be done.
The big national fund was even prepared to use diplomatic means to condemn him, but in the end Tang Jianjun said nothing, waiting for Li Yuan's reply.
On this day, Li Yuan was still buying Boeing stocks.
Boeing is in ruins, with a market value of only over $50 billion.
The shipping performance has plummeted due to the successive accidents... It is a target that has been abandoned in the short term.
After the market closed, Li Yuan glanced at the tired Chen Jie and said, "Sister Chen, I would like to trouble you to go abroad."