v3 Chapter 1172: The Horror Gains of Galaxy Fund (1/2)
Chapter 1172 The Horror Income of the Galaxy Fund
January 16, the weather, sunny.
The conference room of the Galaxy Fund which had been idle for nearly half a year was opened again, and there was a lot of laughter in the conference room.
When Xia Yu stepped into the meeting room, the chatting and laughter stopped.
Xia Yu smiled slightly, glanced over the faces of Liu Xiao, Tang Yong and others, and said with a smile: ”It seems that everyone is in a good mood, not bad!”
”Hi boss!”
Everyone got up and greeted Xia Yu in unison.
Xia Yu walked to the top vacancy, waved to the crowd to sit down: ”Sit down, I haven't seen you for half a year, has he become so restrained?”
”Hey...”
Everyone couldn't help but laugh, and they all sat down again.
After Xia Yu took his seat, he didn't immediately enter the topic, but carefully observed everyone's appearance.
Liu Xiao and others could not help but sit tightly and show their best spirit.
For a long time, Xia Yu nodded in satisfaction and said: ”Yes, I haven't seen you in half a year, everyone is not thin, and the spirits are better than each.”
”For more than half a year, everyone has worked hard!”
”Boss, we don't work hard, this is what we should do!”
”Thank you boss for caring!”
”……”
Everyone said in a rush, even though Xia Yu was only a concern, but it also made everyone feel warm.
Because he made a lot of money, Xia Yu was in a good mood. He also understood the mood that everyone hadn't seen for half a year, so after a while, he clapped his hands to calm everyone down and officially stepped into today's topic.
”Okay, everyone, please be quiet, now we have a formal meeting.”
”The Chinese New Year will be coming soon. It is a good thing that everyone can come back all years ago.”
”Today's meeting is very simple, just two processes.”
”In the first process, each team will report the results.”
”The second process, rewards on merit!”
Everyone lifted their spirits and looked at Xia Yu with scorching eyes.
Xia Yu did not procrastinate, and directly directed to Liu Xiao on the left hand side: ”Start with Liu Xiao, report the results one by one clockwise.”
”Liu Xiao, tell me.”
Liu Xiao cleared his throat, took the compiled data, and said loudly: ”My team is responsible for shorting the offshore currency exchange rates of Mexico, Argentina, Chile...10 countries, of which shorting the Mexican peso has a profit of 1.23 billion. US$2.67 million, short Argentine peso profit is 1.147.66 million US dollars, short Chilean peso profit is US$1,13.75 million...... The total profit is 67 US$443.8 million, with a yield of 539.5%.”
”Papa Papa...”
After reading, Xia Yu took the lead in applauding and congratulating. There was a burst of warm applause in the conference room. Many people looked a little sad, and it was obvious that Liu Xiao's group had a higher income than theirs.
After coming back and before the meeting, everyone abide by the confidentiality regulations and did not tell others about their own group. Therefore, everyone did not know that Liu Xiao's group had such a high income!
The yield of 539.5% is terrifying!
Of course, this rate of return is relative to the US$1.25 billion in principal used at the beginning. As for how to leverage leverage and how much funds are mobilized, it is irrelevant. After all, this profit is deducted from the leverage fee. .
After Liu Xiao sat down, there was no need for Xia Yu to name him. Ma Kai, who was sitting next to Liu Xiao, immediately reported: ”My group is responsible for shorting the stock markets of Mexico, Argentina, Chile, Colombia... ten countries, because these ten countries now have US dollars and foreign exchange. The reserve is almost zero, so the principal of US$1.25 billion and the profit earned cannot be converted into US dollars to escape. At present, all the funds have been replaced by shares of various oil and mineral companies. The specific list of assets is very large. It has been handed over to the boss, so there will be no report here.”
”As for the specific amount of income, after converting it into U.S. dollars according to the latest exchange rates of various countries, the short-selling Mexican stock market has a gain of 1,179.44 million U.S. dollars, and the short-selling Argentine stock market has a gain of... US$19.7 million. The yield is 49.8%.”
”Papa Papa...”
Although Ma Kai's income is lower, it is also very scary and received warm applause.
Xia Yu, who has read the asset list of Ma Kai's group, also smiled and applauded, obviously very satisfied with the results of Ma Kai's group.
Think about it, plus the principal amount of US$1.55 billion, which is equivalent to ten countries including Mexico and Argentina. He already owns more than US$7.4 billion in assets such as equity in oilfields, mining and related companies. .
Many of them are the shares of listed companies. The shares of these companies have been taken down after they have shrunk severely. They had to rise by a large amount a year ago.
Of course, I can think about it, but now it is not possible to calculate it according to this logic, otherwise it would be unfair to others.
After Ma Kai, Wang Gang was responsible for shorting the offshore exchange rates of nine countries including Brazil, Venezuela and Peru. The total profit of his group was 6.27 billion U.S. dollars, and the yield was 5%. At 1002.4, it surpassed Ma Kai's group and temporarily ranked second.
Liu Wei’s group is shorting the stock markets of nine countries including Brazil, Venezuela, and Peru. Like Ma Kai’s group, the profits cannot be brought out. All the bottoms are exchanged for equity in oil fields, mines or companies in the corresponding fields in these nine countries. The total profit is 68.2 billion U.S. dollars, and the yield is 48.5%.
The next four groups are Tang Yong, Xue He, Song Yang and Li De.
Tang Yong’s team was responsible for shorting the banks in the United States and Canada. The total profit was $6.381.2 million and the yield was 57.9%.
Xue He’s team is responsible for short-selling European banks, with a total profit of 6.32.4 million U.S. dollars and a yield of 482.6%.
Song Yang’s team is responsible for shorting banks outside of North America and Europe. Perhaps because banks outside of Europe and the United States are not deeply involved in the sovereign debt of countries such as Latin America, his team has the lowest income, only 5.384 billion. Ten thousand US dollars, the rate of return is 4.37%.