Chapter 528 Capital Behemoth
Chapter 528 Capital Behemoth
After leaving the franchise film studio, Fu Yibai did not go straight back to Beverly Hills, but instead went to Star Overseas Investment.
For the past two years, Chen Zheng has sent him a detailed monthly report to his email every month, and he has read every single one of them. But after so long, he still has to come to the company to take a look.
When Chen Zheng received the call from the front desk, he was in a conference room discussing the aftermath of the European debt crisis with several fund managers.
Upon hearing that it was Fu Yibai who had arrived, the meeting was immediately interrupted, and several managers went down to greet him.
"Mr. Fu, what brings you here all of a sudden?"
"I came to Los Angeles to take care of some things and stopped by to check it out."
Fu Yibai and the others entered the elevator and went upstairs.
Upon arriving at Chen Zheng's office, Fu Yibai sat down on the sofa in the reception area.
"Let me see the latest asset report."
Chen Zheng took out three folders from the filing cabinet and placed them in front of Fu Yibai in order.
The first book is about core US stock holdings, the second book is about global market positioning, and the third book is about working capital and fixed assets.
"Apple. The current stock price is $580, and our stake is 2.7%, which is worth more than $4.2 billion."
"Amazon. Current stock price is $218, holding a 3.8% stake, with a market capitalization of nearly $2.3 billion."
Tesla.
Model S officially began deliveries last month, and its stock price has risen from $28 at the beginning of the year to $35 now.
"With our 18.5% stake, we are already Tesla's largest external shareholder, a stake worth nearly $1.8 billion."
"Sina. The current stock price is $62, with a shareholding ratio of 18.3% and a market capitalization of over three billion US dollars."
NetEase.
The current share price is $58, representing a 6.1% stake, with a market capitalization approaching $900 million.
Chen Zheng placed the core holdings report of US stocks in front of Fu Yibai, and then opened another document.
"In Europe, the LVMH Group's stock price has increased by more than 350 percentage points over three years, making it our single stock with the highest unrealized profit at present."
Volkswagen and Siemens also saw their unrealized profits more than double.
"In Japan, Toyota and Sony have unrealized gains of around 100%, while FANUC and Keyence, as leaders in industrial automation, have seen stable stock price growth and unrealized gains of over 120 percent."
"In South Korea, Samsung Electronics released the Galaxy S3 at the beginning of the year, and the market response was very good. The current market value of our shares exceeds US$2.1 billion."
LG Chem's unrealized profit is around 180%.
"The overall unrealized profits of our investments in Southeast Asia and India remain stable, without any major fluctuations."
"As of the end of June this year, Star Overseas Holdings' total equity assets worldwide, calculated at current market prices, are worth more than US$50 billion."
There are over five billion US dollars in liquid funds readily available on the books.
Fu Yibai flipped through the report from beginning to end, his gaze lingering on the numbers of several core holdings for two seconds at each, before closing the folder.
Unbeknownst to many, Xinghui Investment has grown into a behemoth lurking deep within the global capital market.
"Old Chen, just maintain the current pace for Xinghui's operations."
"clear."
Chen Zheng put the documents away.
"I will send you a report as soon as there are new large-scale investment opportunities."
It was 4:30 pm when I left Xinghui Investment, and the Los Angeles sun was still strong.
The driver parked the car at the entrance and waited for him.
Fu Yibai sat in the back seat, closed the car door, and the cool air from the air conditioner shut out the stuffy heat outside.
The car drove through downtown Los Angeles and merged into the traffic heading to Beverly Hills.
Fu Yibai took out his phone and saw a message from Annie.
"What do you want to eat tonight? Scarlett and I are at the supermarket."
He smiled slightly and typed a message in reply.
"You can decide for yourselves."
When they returned to the villa, the two women had not yet come back.
Fu Yibai went back to his study to handle some work.
At six o'clock in the evening, the two women returned from outside, carrying large and small bags.
When Fu Yibai came out of the study, he saw the two of them busy in the open kitchen.
Anne, wearing an apron, was preparing salmon, while Scarlett was chopping side dishes next to her. Scarlett would occasionally lean over and say something, which would make Anne laugh and push her away.
"Do you need any help?"
Fu Yibai leaned against the edge of the island platform.
"Just sit and wait."
Without turning her head, Scarlett deftly chopped the onion into even pieces.
.........
Dinner was served on a long table in the dining room.
Scarlett opened a glass of red wine and poured half a glass into each of the three glasses.
"Cheers."
After dinner, the three of them snuggled up on the sofa in the living room and watched an old movie.
Scarlett leaned against Fu Yibai's left, and Annie leaned against his right. On the coffee table were unfinished bottles of red wine and half-eaten popcorn.
It was almost 11 o'clock when the movie ended.
Annie stood up first and stretched.
"I'm going to take a shower first."
Scarlett also stood up and took Fu Yibai's hand as they walked upstairs.
NIP