Nasdaq rose and fell, entering a bear market with great fluctuations.
The time comes to the end of May.
The stock price of Yanwen Group has been dragged down by the broader market, and has fallen 22% from its highest point in early March.
Fortunately, Yanwen Group has fewer circulating shares on the market, and its peers have experienced higher declines. Shareholders are just complaining. The market environment is like this, and there is no way to put the blame on Su Yehao's head.
Compared with the listing price in April last year.
The stock price of Yanwen Group has still increased by as much as 320%, and those who invested earlier are still making profits.
Although the bubble has collapsed, investors can run away if they want to as long as they are willing to cut their flesh, and there are also many retail investors who have made money from short selling.
The stock markets in Europe and the United States have a long history, and stock investors are relatively mature. Because Su Yehao used "idle funds" to short-sell, it attracted a lot of applause, thinking that he was a qualified major shareholder.
The group has maintained sufficient cash reserves.
Now that the market has entered a cold winter, it is particularly important to hold a large amount of funds.
The stock price of Amazon, an e-commerce company, has almost halved. Yahoo, whose first-quarter financial report showed a loss of US$90 million, also fell by more than 35%.
Everyone compares themselves to each other.
With a total decline of 22%, the Yanmoji Group is actually one of the better categories.
The last few days.
The private equity funds purchased by Su Yehao seemed to have been discussed, and they began to contact him one after another, notifying him that they would be liquidated in advance.
As a major customer, he was the first to receive the news.
According to a private equity manager at Fidelity Investments in the United States, bulls in the market seem to be gathering strength, and Wall Street is worried that the market will usher in a rebound.
Many financial companies have begun to exaggerate the view of "panic oversoldness", and countless fund companies have also given "buy" or "increase holdings" recommendations to major Internet companies.
After Nasdaq fell below 3,000 points, it has fallen 40% from its high point.
The wind direction seemed to change overnight.
Su Yehao smelled something amiss, and before anyone could react, he immediately sold the short options on hand and redeemed the three times short-selling fund he bought.
Contact Vice President Zheng Yongwen and discuss with him whether we should turn our guns, sharpen our swords towards the short camp, and make some long positions in advance.
Zheng Yongwen bluntly said that the risk was too great, and Su Yehao also felt that it was not safe enough, so he simply continued to wait and see for the time being.
Not counting the more than 2 billion US dollars in profits from previous leveraged short selling, since May, he has once again made more than 600 million US dollars. Although it cannot compare with the carnival feast in March and April, it is enough to make him particularly satisfied.
While dealing with these matters, Su Yehao was on vacation in Morocco.
He took Nong Qingying, who was more than three months pregnant, to stay at the Aman Resort Hotel near the ancient city of Mala KS. The hotel was surrounded by palm trees and olive trees, and was surrounded by pale pink walls, giving it an exotic feel.
After dinner, I just finished visiting the open-air market next door.
At this moment, Su Yehao and Nong Qingying took a warm bath and told them in a lazy tone:
"Did you know that when translated, the name of this city means God's Domain. Mara KS has a history of thousands of years. It's no wonder that Europeans like to come here for vacation. The scenery is really interesting."
Rolling his eyes, Nong Qingying replied: "Yes, because of the smell of sweat, this season is not suitable for traveling to Africa at all. It is too hot. We should really go to Phuket or Bali."
"You are the boss now. When you go back, you can only say it was fun. Otherwise, how will you attract tourists?"
"Of course, I'm not a fool. By the way, the positioning of this hotel is really unique. It specializes in selecting the most beautiful scenic spots around the world, right?"
Nong Qingying asked.
Su Yehao soaked in the pool, nodded and told:
"Yes, isn't this gift very romantic? If you continue to spend money on expansion in the future, you can inspect the hotels under your name and enjoy the beautiful scenery around the world. While making money by operating hotels, the real estate itself can also increase in value.
It's time to let Hong Kong Hao Travel Company help you find customers, and your business should be good."
Ever since this girl got pregnant, Su Yehao has said nothing.
Therefore, he took action a few days ago, sent people to communicate with the major shareholders of Aman Resort Hotel, and purchased the company as a whole for US$10 million, giving it to Nong Qingying as a gift.
This resort chain currently owns one hotel in Phuket, Thailand, and three in Bali.
In addition, we also operate small resort hotels in ski resorts in France, Moyo Island in Indonesia, Pamalicon Island in the Philippines, and the Rocky Mountains in Wyoming, the United States, all located in places with quiet environments and charming scenery.
It is said to be a hotel, but Aman's small resorts generally only have twenty or thirty rooms.
Some buildings are even rented, renovated and opened directly for business. Regardless of their assets or performance, they appear to be very ordinary and have not yet formed a scale.
Its price positioning is even higher than that of Hilton or Four Seasons Hotels, with an average one-night stay costing hundreds of dollars, which limits its own development and only provides services to high-end niche groups.
Su Yehao can give a valuation of US$10 million, which is already a premium.
This company has been burning money for expansion year after year, and has been losing money for the past five years. It has almost no advantages except that it is very competitive.
It is precisely because of the high level of force that Su Yehao made the acquisition.
Rather than giving her a chain hotel, it is better to give her the scenery around the hotel, which is indeed romantic.
After hearing this, Nong Qingying laughed and said: "I really need your help to attract customers. We have been here for two days and have only met four guests in total. How long will it take for us to turn a profit at this rate?"
"What's the rush? The worst case scenario is that we will continue to burn money, find more places with beautiful scenery, continue to build resorts, and use the Internet to advertise while building. When the brand really starts to operate, there will always be customers who like the atmosphere. The pressure in the city is so great, and many rich people
I’m not afraid of spending money, I just want a beautiful place to rest quietly.”
When Su Yehao saw her getting up, he immediately helped her to prevent her from slipping and falling.
Nong Qingying obviously enjoyed this kind of treatment. Knowing that he had benefited from the child, he wiped himself and asked:
"I went for a pregnancy test last week and took blood. Did you ask if it was a boy or a girl? The doctor had obviously figured it out at the time. I told her not to tell me for the time being. Now that I think about it, it would be better to know in advance. You can change the walls of the child's room.
color, and then air out for a while.”
"I didn't ask, but whether it's a boy or a girl, it looks the same to me."
As soon as he finished speaking, Su Yehao raised his eyebrows and said with a smile: "It's been more than three months. The movement is a little quieter. We can arrange some activities you like tonight."
"Really?"
Nong Qingying looked in the mirror and couldn't tell that she was pregnant. She immediately pushed Su Yehao away and said happily: "Let's forget it. If something happens in Hong Kong City, I can go directly to your hospital. I'm not familiar with the place here.
, I don’t know how good the doctor’s skills are, so it’s best to be careful.”
Feeling that what she said made sense, Su Yehao nodded and put an end to the evil thoughts.
I dried my hair and changed into pajamas. I looked for an English movie to pass the time, and I chose "Star Trek Episode 8: First Contact."
Su Yehao watched with gusto, while Nong Qingying just wanted to doze off.
She still can't sleep.
After pondering for a moment, he realized that it would be better to do some small activities, and then he began to harass Su Yehao and use his hands and feet.