However, since it was Bill who proposed to increase his shares, Sun Dahai would naturally accept it.
This is different from Sun Dahai secretly acquiring scattered stocks in the secondary market, which would arouse the vigilance and disgust of the major shareholder Bill.
If the major shareholders are really determined to do something against the small shareholders, there are too many ways to do it. What's more, Sun Dahai is still a Chinese, and it is impossible for Sun Dahai to circumvent just a security issue.
So even though Sun Dahai is a reborn person, he still has to be careful in this kind of thing, otherwise he will definitely not be able to handle it.
Having said that, since Bill took the initiative to speak, Sun Dahai naturally followed suit. The two negotiated the price on the phone and finally reached an agreement.
Sun Dahai will provide Bill with an interest-free loan of US$200 million for one year. Bill will transfer 1.4% of Microsoft's stock to Sun Dahai's designated receiving account at the market price within one year.
Sun Dahai asked for 1.4% of the shares because he would also repurchase 0.59% of the shares. Together, the two accounts would allow each of the two accounts to own 0.99% of the shares of Microsoft.
Sun Dahai had already made a choice as to who to give it to in an instant. Skoll Bank would definitely take one share, and Sun Dahai planned to give the other share to the Sun Family Fund as a long-term financial investment in the family.
Even if European and American high-tech companies have tightened restrictions on shareholders in the later period, they mainly restrict shareholders' backgrounds and sources of funds. Shareholders of family funds are still more welcome.
There is no problem with Bank Skoll. This is an old Swiss bank, but now it has a certain amount of Chinese capital in it. Its core business still abides by the same set of rules of the Western banking industry without any changes.
Now that the deal is settled, let's start taking action. Sun Dahai called Chen Xi from Citibank and asked her to transfer $200 million from his personal account to Microsoft early tomorrow morning.
Sun Dahai and Bill have just negotiated the terms, and Bill's lawyer will make a loan agreement, and a temporary signature will be issued (sign the fax for confirmation), and then the money can be transferred without delaying Bill's operation tomorrow.
The original agreement can only be signed after it is sent by post.
By the time everything was done, it was already noon. Sun Dahai went to the staff restaurant downstairs to have lunch, processed documents for a while, and then returned to the trading team.
Sun Dahai came down just in time. The second mandatory suspension of Nikkei 225 stock index futures had just ended. Within one day, the circuit breaker was twice in a row. I am afraid that even the experts who set up the circuit breaker mechanism did not expect it.
Sun Dahai took a look at the situation of the market, and found that the Japanese market was somewhat trying to make up for its losses today. Perhaps because the Hong Kong stock market, which also belongs to Asia, was temporarily suspended, many short sellers concentrated on the Japanese market, causing a ruckus in the Japanese market.
The Nikkei Index hit its lowest point today at just under 21,300 points, and now it has not exceeded 21,500 points. It has dropped more than 4,500 points in two trading days, a cumulative decline of 17%.
When Sun Dahai arrived, Xing Wenyan was instructing the traders to close their positions. The short orders created at the opening made a lot of profits, and now they are closing their positions in an orderly manner, converting the floating profits into real profits.
Sun Dahai looked at the graphics, then called Qiao Wanting and Xing Wenyan, telling them to close the previous short orders with a margin of more than 100 million US dollars.
Nowadays, people in the market are panicking, the divergence between long and short has increased, and the trading volume is much larger than usual. Sun Dahai's short orders were all closed without much effort, and it took less than fifteen minutes in total.
Following Sun Dahai's instructions, a large number of short positions were closed, driving the index to rebound slightly. Before the market closed, Xing Wenyan completed all the position closing work, and the Nikkei 225 index finally stayed near 21,500 points, falling 3,800 points throughout the day.
Even counting today's T+0 trading, the trading team made a total profit of US$300 million on the Nikkei 225 Index futures on the Singapore Exchange, with an investment profit rate of more than 1.5 times. It was the first to take a bite in this stock market crash.
Big piece of meat, very plump.
At night, the U.S. market continued to fall after the opening, but after it fell to a certain level, sporadic selling appeared. Sun Dahai asked Laurson to arrange a trader to repurchase 0.59% of Microsoft stock, and the remaining people
Then you are fully prepared to close your position.
Sun Dahai was watching the Dow and S&P. The S&P 500 futures fell much more than the Dow.
This resulted in a relatively large hedging range between the S&P 500 Index and S&P 500 Index futures, which is a very rare phenomenon in the mature American financial market.
Sun Dahai didn't know if anyone could seize this opportunity and gain free money by entering the market. He also had no intention of making that little money. With a profit of more than 80 points on the S&P 500 index futures, Sun Dahai had no time to spare.
What else?
Each point of the S&P 500 index futures is worth US$250, and 80 points is equivalent to US$20,000. Sun Dahai has a total of 40,000 short positions. After closing the position, he will steadily pocket the profit of US$800 million.
Laursen was lucky. All the 10,000 short orders he placed after the market opened yesterday were sold. So far, he has made a profit of 50 points, which means he has gained more than 100 million US dollars.
Sun Dahai also has an investment in the bond market, but the returns in the bond market are incomparable to those in the futures market. Sun Dahai chose the best time to enter the market, and with policy support, the $500 million investment
I only made a profit of more than 40 million yuan, and the investment profit rate was less than 9%.
To be honest, such an investment rate of return is definitely quite good. Sun Dahai has only been in the market for less than half a month, so what else do you want?
For Laursen, the most important task is to close all the 50,000 short positions, which also includes the 10,000 short positions that were taken first yesterday.
As for the $500 million in the bond market, it was easy to deal with it. He only directed traders to sell all the government bonds before the market closed.
As a result, the trading team has now emptied all the chips in their hands and pocketed all the book profits they had previously made.
The trading team's total reserves for this market are US$1.5 billion. So far, it has earned more than US$1.4 billion, which has basically doubled.
They still had a thousand short orders of Hang Seng Index futures in their hands. This investment was made with money from Sun Dahai's personal account, so it was not included in the company's accounts.
And since the market in Xiangjiang is currently closed, this investment can only be carried out after the futures market in Xiangjiang resumes next week.
But Sun Da did not give everyone a holiday.
Although he did not flip long immediately to earn the rebound points, after this sharp rebound, the market will still fall, so that a complete double bottom structure can be formed.
Therefore, the trading team will wait for a few days to enter the market, and there is no point in taking a holiday now.