I stole someone else's ticket to rebirth

In early April, an unprecedented plan for a private placement occurred in the financial circle.

Wanliu Capital issues additional capital of 1 trillion yuan!

It took only three days from the proposal to the implementation of this plan.

Li Yang took out 1 trillion yuan in his personal name and took over these shares. At the same time, the total share capital of Wanliu Capital increased to 130 billion shares.

After the private placement, Li Yang became the largest shareholder of Wanliu Capital, holding 46% of the total shares, while Jiang Banxia only held 30%.

After the completion of the private placement, Li Yang, as the representative of Wanliu Capital, signed the document agreement.

Three trillion yuan, with an annual interest rate of 6%, means 180 billion yuan in revenue for Wanliu Capital.

As long as everything goes well, you can get it for twenty years, which is 3.6 trillion.

The principal still belongs to Wanliu Capital.

After the completion of the private placement, Wanliu Capital issued an announcement that Jiang Banxia had resigned from all positions at Wanliu Capital and would no longer participate in any financial operations of Wanliu Capital.

At the same time, Wanliu Capital announced a 3 trillion plan, but the specific details were not released. It only stated that the investment would have a six-point coupon rate per year.

If Wanliu Capital was not a listed company, this matter would definitely not have been made public.

"What the hell, what kind of deal is this? Investing 3 trillion? Where did Wanliu Capital get so much cash?"

"Dude, are you underestimating Wanliu Capital? Wanliu Capital has made a lot of money over the years, especially the $220 billion it made from Boeing a while ago. How much is that? Also, didn't Li Yang raise 1 trillion yuan? Adding this 1 trillion yuan, it will be more than enough to make up 3 trillion yuan."

"No, hasn't the money earned by Wanliu Capital been distributed as dividends over the years?"

"How much is the dividend? A lot of the money earned by Wanliu Capital was spent before the annual report was released. That was not counted in the net profit, or even the revenue."

“Does this company have too much cash?”

"It's not just cash. Did you see the six-point coupon? It's obvious that someone borrowed the money. How many people in the world can borrow so much money without worrying about the interest? I think Wanliu Capital probably bought special government bonds. In the future, they can collect 180 billion in interest every year. Combined with their own operations, 200 billion in revenue will not be a problem."

"Now that Jiang Banxia is gone, how can there be any revenue?"

"Don't underestimate Li Yang's ability. Even if he's not good enough, he's still better than others. There will always be investors who believe in him. It won't be a problem for him to have tens of billions of dollars in annual revenue."

"Can I still buy shares of Willow Capital now?"

"A company with a stable annual income of 180 billion yuan, according to the nature of Wanliu Capital, should pay out at least 160 billion yuan in dividends. Where can we find such a good company? There are only a few companies in the entire A-share market with a market value of more than 4 trillion yuan and a dividend of nearly 4% per year."

……

From the official departure of Jiang Banxia, ​​Wanliu Capital has entered a new era.

In the past, Jiang Banxia was in power and controlled the overall situation. He did not have high requirements for the quality of his employees, as long as they could do their basic work well.

But not anymore...

Li Yang directly convened an online meeting. He maintained a 70% position in the previous four funds and waited patiently for investors to redeem their shares.

At the same time, previous employees must participate in the competition.

In the future, Willow Capital will embrace the investment industry.

The previous Wanliu Capital was unhealthy. Ordinary employees could do well there and earn an annual salary of 500,000, 600,000 or even millions.

People who are truly capable have no chance to take power.

Now we have them all!

Those who just get by and fail to meet performance standards will be fired.

Those who are capable will emerge little by little.

Anyway, Wanliu Capital is not very big, it just has a lot of money.

With such a small scale and only a few hundred employees, it is easy to manage.

On April 4, Li Yang sent Jiang Banxia to her dormitory.

The dormitory was arranged by the unit. Even though Jiang Banxia was only interacting with them as a collaborator, arranging a dormitory was no big deal.

After cleaning up the dormitory, Jiang Banxia said, "Do you want to stay tonight? We have exactly 460 left."

"What 460?"

"Ok?"

Li Yang said, "You've stayed at Ruyi Hall for so many days, so it doesn't count as money, right? I've deducted it! And, I want to correct you. Strictly speaking, you still owe me 480.5 times! You can stay tonight. I helped you clean the room for half a day, so you can only count it as half a time at most."

Jiang Banxia: “????”

"get out!"

Jiang Banxia pushed Li Yang out of his dormitory, and Li Yang smiled and wrote down the address.

After going downstairs, he called Jiang Banxia's bodyguard.

"Sister He, please help me get a community pass."

"Mr. Li, Miss Jiang has no arrangements."

Li Yang immediately said, "How can she say such a thing? Girls must be shy. If it doesn't work, Sister He will ask your leader... Oh, remember to get me another room key."

"..."

On the second day that Jiang Banxia started working, Li Yang called Jiang Baichuan out.

Originally, Jiang Baichuan didn't want to bother with Li Yang. Anyway, Jiang Banxia was already here, so who would care about this guy?

But he also knew that Li Yang was a very good pillow talker, and Jiang Banxia had just arrived, so it was not appropriate to have a falling out with him, so he came anyway.

When they meet again, Jiang Baichuan will not indulge Li Yang.

He said as soon as he opened his mouth: "If you have something to say, please tell me quickly. I'm busy here and can't stay here for too long."

Li Yang smiled and said, "Now that you have poached Jiang Banxia, ​​you are turning your back on her, right?"

"What are you talking about? I'm already very busy."

Jiang Baichuan was not lying, but Jiang Banxia did something big on the first day he took office.

She wants to take action on US debt.

The 10-year U.S. Treasury bond has actually appreciated in the past two years.

尤其是前几年2.75%的票息，现在市场价能给到103，即103美元买到前几年2.75%的100美元的美债。

The amount of U.S. debt held domestically is huge, amounting to 3 trillion U.S. dollars, and is purchased every year.

In the past two years, U.S. Treasury bonds have not been very popular in the market due to their low coupon rates.

In comparison, the yields on U.S. Treasury bonds before 2018 were higher, and they were more cost-effective at this time, so naturally there would be a certain premium.

U.S. debt is money borrowed by the United States. With the help of bills, it can circulate freely in the market, and the interest rate is different every year.

The terms of U.S. debt also vary, including two years, five years, ten years, and even thirty years.

The most traded bond is the 10-year Treasury bond, and the least traded is the 30-year bond.

For example, a hundred-dollar note had a coupon rate of 3.1% a few years ago, and a coupon rate of 2.4% last year and this year. For investors who want to get as much interest as possible, they will naturally choose to buy bonds from previous years.

But traders are not fools. The interest rates of bonds were high a few years ago, so they would naturally not be sold at face value.

The same $101 bond is worth $103 in the next two years, while bonds with higher coupons in previous years are often worth $105, $, or even $.

If the coupon rate of U.S. Treasury bonds increases in the future, for example, to 3%, 4%, or even 5%, then the prices of U.S. Treasury bonds that previously had coupon rates lower than this will fall. After all, when there are U.S. Treasury bonds with high coupon rates, who would want bonds with low coupon rates?

Since they both earn interest and spend time, why not buy the one with a higher coupon rate? There are so many U.S. bonds with high coupon rates that you can never buy them all.

The scale of U.S. debt transactions is huge. The United States will maintain the credibility of U.S. debt no matter what, and will never impose any restrictions on U.S. debt transactions, so...

The current size of U.S. debt is $24 trillion, with an average daily trading volume of $500 billion.

The main problem with Boeing before was its small size. If it were this big, with the hot money involved, the trading volume would definitely be more than 500 billion US dollars.

Moreover, there are too many categories of U.S. debt, and it is not a single type.

Jiang Banxia is borrowing U.S. bonds and selling them globally.

The first thing they did was to touch the U.S. debt, which scared Jiang Baichuan and the others.

Jiang Banxia has leveraged his money.

If the Federal Reserve continues to cut interest rates, a lot of money will be lost.

But the money belonged to Jiang Banxia, ​​and their principal was not used. Even if they lost it all, they would only lose six points. For them, it was completely acceptable for Jiang Banxia to take the risk.

They are currently summarizing Jiang Banxia's behavior of selling U.S. bonds and trying to arrange for people to learn something from Jiang Banxia.

So Jiang Baichuan is very busy.

Li Yang said, "I wanted to talk to you about something important, but since you're so busy, forget it."

Jiang Baichuan: "..."

He could just leave, but thinking of Li Yang's sinister character, he didn't know what kind of trap he was setting for himself.

So he quickly said, "It doesn't take that much time. Just tell me if you have anything to say."

Li Yang smiled slightly: "You can check a flower garden in a college of Cambridge University. That flower garden is named after a domestic host, and that host... That's all I have to say. This matter has nothing to do with me. I'm leaving!"

After Li Yang finished speaking, he left his seat directly.

Jiang Baichuan was confused.

Who is this bastard pointing at?

Didn’t you say it was gone before? Why is it back?

He carefully memorized the key words: Cambridge University, a certain college, the name of the flower garden...

On the surface, there's really nothing to be seen from these things.

But he also knew very well that Li Yang would not bring up these things for no reason.

"This guy came to the capital just to cause trouble!"

"You really are not afraid of death... You have to come all the way to the capital to cause trouble..."

……

In fact, Li Yang came to Beijing specifically.

If I were in Jiangcheng, although I would be freer there, if something really happened, there would be no one to arrange my funeral.

It’s different in the capital. Although they are very close to them, the closer they are, the harder it is for them to take action.

In the capital, as long as he is careful, there won't be any big problems.

After returning to Ruyi Pavilion, he said to Liu Ruyi: "Sister Ruyi, prepare more food. In the next two weeks, we should try not to go out as much as possible."

"Ah? What happened?"

"Nothing happened. I'm just free here and want to discuss some health-preserving methods with Sister Ruyi."

"okay."

……

At night, Li Yang felt extremely relaxed.

Liu Ruyi's technique is simply the ultimate enjoyment.

"Sister Ruyi, do you know the Wan style?"

"what?"

"think……"

"Ah."

Liu Ruyi slowly got up and walked to the bed barefoot.

Before that, she had been squatting beside the bed and giving Li Yang a massage to relax him.

For her, being able to do something for Li Yang would make her feel satisfied.

Even if Li Yang was right in front of her, she could do whatever she wanted.

But as long as Li Yang doesn't say anything, she will never do anything that crosses the line.

Soon, Li Yang saw Liu Ruyi's beautiful figure, "Sister Ruyi is so beautiful."

Liu Ruyi's sexiness is mature yet graceful. There is no purity, only desire.

Jiang Banxia is the type who is purely lustful, but usually only Li Yang can see her lust.