Chapter 159 [Monthly Expenses 10 Million (910)]
After hearing his son's retelling, Hua Yongming sighed and said, "The way he plays can only be described as a bold move by his high skills."
Hearing this, Hua Yu couldn't help but say, "Since Brother Fang got 1 billion yuan in financing from us, which of his layout decisions has not been like this? And it's more than just a bold move by his high skills. It's not an exaggeration to say that he is a madman, but the key is that he wins every time, leaving you speechless. In this way, the net asset scale of Qunxing Capital is already the scale of two Huayang Groups."
Hua Yongming also nodded and said, "So this is the terrifying thing about this person."
Now the net asset value of Qunxing Capital's holdings in the overseas capital market alone has exceeded that of Huayang Group, and it is an asset that can be cashed at any time, and it can be liquidated with one click.
If Huayang Group wants to cash out, it's not that easy.
After all, Huayang belongs to the category of industrial capital, while Qunxing is financial capital, and strong liquidity is a major feature of financial capital.
Hua Yongming is now determined to go all in with Fang Hong. Consolidating the relationship with Fang Hong is paramount to him. He sees this as the key to the further development of Huayang Group and his family.
Many times, choice is far more important than hard work, especially the key choice at the critical moment.
…
In the afternoon, Jingxin Residence.
Yu Qiu walked from the living room on the first floor to the outdoor swimming pool with a thin document in her hand. Fang Hong was swimming in the constant temperature swimming pool at this moment. Seeing that he was about to come out of the swimming pool, Yu Qiu immediately picked up the towel on the side and walked towards him.
"What's the matter?"
Fang Hong glanced at the document in her hand, took the towel she handed over, and walked into the mansion while wiping the water droplets.
Yu Qiu followed him. She knew that she was in Fang Hong's blind spot. Seeing the male employer coming out of the swimming pool in just a pair of shorts, his muscular and perfect body was clearly revealed. Yu Qiu couldn't help but take a few more glances, as if she felt the masculine breath coming towards her. A trace of confusion flashed across her eyes, but this confusion disappeared in an instant.
After a while, Yu Qiu followed him into the house and said, "I have listed the daily expenses of Jingxinju. Please see if there are any additions or adjustments."
Fang Hong looked back at Yu Qiu and smiled, "I don't like the name of 'you'. You were born in 1985 and I was born in 1988. Although you are three years older than me, you can't call the boss your younger brother, right? Call me Brother Hong."
Seeing Yu Qiu smiling, Fang Hong said calmly, "Is it settled?"
The beautiful housekeeper nodded lightly.
While Fang Hong handed her the towel, he took the notebook from her hand, sat down on the sofa in the indoor leisure area, and opened the notebook to take a general look.
Yu Qiu listed eight daily expense budgets for Jingxinju.
The maintenance budget for the villa is 16,000 yuan/day; the maintenance, insurance, and fuel budget for the luxury car is 8,000 yuan/day; the budget for various entertainments is 170,000 yuan/day; the budget for personal trainers is 10,000 yuan/day; the budget for housekeeping expenses is 15,000 yuan/day; the budget for cleaning services is 5,500 yuan/day; the budget for outdoor home maintenance is 3,200 yuan/day; the budget for private security is 11,500 yuan/day.
Fang Hong does not have assets such as vacation homes, private jets, and yachts, so these expenses will naturally not be incurred for the time being.
The total of the eight expense budgets is an average of 239,200 yuan/day per day, which means that this much money has to be spent every day to maintain this luxury house, and the monthly budget expenditure is more than 7 million yuan.
This does not include the expenses for food and chef fees.
Fang Hong closed the notebook and put it aside, got up and left the leisure area. After a while, he returned here and took out a bank card.
"Nothing to add or adjust, you have arranged it very well." Fang Hong handed the card to Yu Qiu and added: "Including food, the monthly expenditure budget will be 10 million."
"Okay." Yu Qiu took the bank card and nodded, which means that the annual expenditure is 120 million, and the expenditure in three years is enough to buy this villa.
...
The next weekend.
Yu Qiu hired a group of domestic cleaners, including gardeners, to come to Jingxinju to maintain and clean the entire mansion inside and outside. These people are not hired for a long time, but are temporary, and their remuneration is settled directly on a daily basis.
As for domestic maids, Yu Qiu has also started recruiting, but He Xuan's standards are too harsh, and it is better to have nothing than to have something bad. It is estimated that it will be difficult to recruit all the domestic maids needed in a short time.
Now many vacant houses in the villa have generated a lot of dust during this period, including the indoor and outdoor swimming pools. Although the water has been changed many times, the pool walls have never been cleaned. They were all cleaned this weekend, including the pruning of vegetation in the villa.
In the afternoon, the cleaners finished their work. After Yu Qiu settled their wages, they all left Jingxinju. The mansion, including many vacant rooms, became spotless again.
…
The next day, Monday, April 20.
A-shares ushered in the first trading day of the new week.
In today's market, the two markets opened slightly lower. In the first half an hour, the opening quickly rushed up and then fell back. Then they began to fluctuate all the way, showing a unilateral upward trend.
After two days of adjustment in the A-share market, the two major indexes once again hit new highs for the year.
Fang Hong's holdings were cleared out when the stocks surged during the day, making a total profit of 3.2 percentage points, a net profit of 9.84 million yuan, and the account asset size reached 317.65 million yuan. The cumulative rate of return of the account since entering the market has reached 512,806.06%, which has doubled 5,128 times.
After closing the position, there is still some time before the closing.
Fang Hong knew that the market entered the adjustment stage in late April, and the panic caused by the global spread of swine flu had hit the market. At present, only some cases have been found in Mexico and the United States, and there has been no widespread panic in the market.
There is no doubt that there are opportunities in the crisis. Under the impetus of emotions, the concept stocks related to avian influenza will inevitably move abnormally during the period.
In fact, it is just to find a reason for the market to fall.
The market fell sharply in late this month, and the big stocks could not make profits after the correction. Fang Hong decisively lurked in the concept stocks of avian influenza, and three codes immediately emerged in his mind: 600201, 600195 and 600513.
The three trading day codes are exactly the avian influenza concept stocks among A-share listed companies, namely Jinyu Group, Zhongmu Shares and Lianhuan Pharmaceutical.
Fang Hong looked at these three targets separately, and then eliminated Lianhuan Pharmaceutical. The previous four consecutive negative K-lines of this ticket were very bad, and it will continue to fall, and the volume is not very good.
The K-lines of Jinyu Group and Zhongmu Shares are good, and the volume is also OK.
Fang Hong decisively chose to enter the market to ambush these two tickets, but his current account has a capital volume of more than 300 million yuan, and these two stocks still cannot bear it, so he can only enter the market secretly to ambush. Fortunately, the current A-share market is not as volatile as it was ten years ago, and everyone reacts very slowly, which gives Fang Hong time to ambush.
The stock of Jinyu Group once fell to -1.68% in the early trading, but Fang Hong bought it all the way, even if it was a single order to absorb funds, it still pulled this stock red.
Finally, it closed up +0.79%. The transaction volume of this ticket was 119 million yuan. Fang Hong struggled for a long time, but the funds he bought were less than 10% of the total position. There was no way, he couldn't be too high-profile.
Fortunately, the current investors' reaction is not so fast, and the market is not so competitive. Fang Hong has a few days of time window, and he can buy the expected position chips at that time.
Just do it slowly. Anyway, there is no arbitrage space for large-cap stocks in the next few days.
As of the close, the two markets have emerged from the shrinking and rising market. The Shanghai Composite Index rose +2.14% to 2557.45 points, with a turnover of 140.5 billion yuan; the Shenzhen Component Index rose +2.23% to 9793.64 points, with a turnover of 78.1 billion yuan. The two markets have a total shrinking turnover of 218.6 billion yuan.
The daily K-line of the two major indexes closed long Yang and continued to hit a new high this year. Investors in A-shares are generally bullish, believing that the market adjustment is over and continue to attack.
However, just when everyone was unanimously bullish on the market, the external market showed bad news that night, and the three major North American indexes fell sharply.
The Dow Jones fell -3.56%, the Nasdaq fell -3.88%, and the S&P 500 fell -4.28%.
There are rumors that the flash crash of the US stock market tonight is due to the spread of swine flu.
The pullback of the external market also caused the overseas stock assets held by Qunxing Capital to retreat more than one times the principal, which means that nearly $900 million has evaporated, because the current long market leverages 30 times the funds.
When it rises, it makes 30 times more profit than the market, and when it falls, it also loses 30 times more than others. However, Qunxing Capital's current profit is rich enough. Even if the profit falls by one time, the floating profit still reaches about +691%, which is close to 7 times the profit.
Unless the external market breaks through this strong rebound since March, it is possible that Qunxing Capital will face the risk of liquidation. Although it looks very fierce and scary today, the overall trend is still not bad.
The big logical expectation has not changed, that is, the US nuclear-powered money printing machine, ample liquidity, and low capital costs. These fundamentals have not changed, and the market will quickly recover even if it falls.
…