"Guotai Airlines is in a loss? I haven't heard of it, what's going on?"

Yang Cheng really became interested. Cooperation is one thing, acquisition is another thing. At least Guotai Airlines is valuable to him.

Xiao Superman spread his hands, "For many reasons, the increase in expenditure costs caused by the hedging of crude oil prices. In addition, the strict aviation controls in Greater China, as well as the development and capturing of routes by mainland airlines, have posed a threat to the business of Guotai Airlines.

Last year, the fuel hedging loss exceeded 5 billion, but this year it may exceed 6 billion.

In addition, mainland airlines, including Haihang, have purchased long-term aircraft for trans-Pacific route transportation, which has directly caused the loss of passenger sources of Pacific Airways.

With various reasons, the losses this year and next year are irreversible.”

Yang Cheng took advantage of the fact that Little Superman was talking and checked the stock price of Guotai Airlines on his mobile phone. Sure enough, he had suffered losses since the previous year, and the stock price also fell from around HK$13 to around HK$10 now, and the market value will only exceed 40 billion.

Put away your phone, "What do you mean is that the Shi Huaiya family is preparing to sell part of the equity?"

"No, no, no, I didn't say that, but the circulating shares outside are nearly 20%, and you can also try to contact Cartel Airlines. West Asian is the second largest shareholder of Guotai, with a shareholding of nearly 10%. " Xiao Superman was introducing the shareholder situation of Guotai to Yang Cheng.

But Yang Cheng was not optimistic, and even said that his hope was slim. He found that through cross-holding, the actual shareholding ratio had exceeded 50%. If he wanted to not interfere with Guotai's operations through Taigu, the possibility was basically zero.

"Forget it, Delta Air Lines has already acquired a stake in Donghang Airlines, and it has coverage on the Greater China route. Guotai is not a must-choose."

The actual purpose of Xiao Chaoren is to promote cooperation between Guotai Airlines and Beihai Petroleum, and turn losses into profits as soon as possible, so that the shares in his hands will be valuable.

But Yang Cheng was very determined and it took time to convince him, so he was not in a hurry.

Half an hour passed in a flash. I was busy chatting and forgot to place a bet. Only Liu Yifei and Guo Jiawen each bought 10,000 Hong Kong dollars, but the result was not satisfactory. Liu Yifei bought the winning one, and the betting flattered in the end. Guo Jiawen bought the position q, meaning that two horses were selected as the top three in the game, which had nothing to do with the order, but she only guessed that one horse and the other horse withdrew from the middle of the race. She should have been injured accidentally and ended up with nothing.

This made the little superman who had just calmed down his emotions and felt proud, "Don't worry, next game, let me turn the tide~"

Yang Cheng also rubbed Liu Yifei's frustrated face and comforted her, "It's okay, this is the fun of gambling horses. Besides, you just earned so much, what's the point of losing 10,000 yuan."

Unfortunately, in the next three games, the little Superman, who claimed to be a master, never guessed it once. He spent hundreds of thousands of Hong Kong dollars in just a few hours, but he didn't even get a single one back. He was in a very bad mood.

Although Yang Cheng was gloating, he was not very good at it. He just managed to win several thousand yuan by spending more orders. He actually used financial hedging methods. The key is that he didn't make much money and was embarrassed.

Before the sixth game started, there was not much wine left in the silver-black crystal bottle. Yang Cheng and Xiao Superman were drunk at the same time and were ready to play with the big ones.

The upcoming game is the 1400m grass race, with two super long straights, which tests the horse's speed and endurance and mutual cooperation with the riders.

Yang Cheng saw Panton go into the game again. This time he will control the No. 2 horse name "Beautiful Days". His past record was very outstanding and he won the championship trophy many times. However, the disadvantage was that the actual negative pound of "Beautiful Days" in this game reached 129 pounds, ranking the best in this game.

The so-called negative pound refers to the fact that in a horse racing competition, all participating horses will get the same chance of winning by giving different weights to the horse. The weight carried by the horse is called negative pounds, and this type of competition is also called the pound pound race.

While maintaining the fairness of the event, negative weight can maximize the unpredictable results of the race and enhance the speed experience brought to the audience by the horse racing.

Horse weights usually include the total weight of athletes, sportswear and full set of saddles.

Therefore, if you want to increase the weight of a horse, you will usually load a certain weight of lead in a bag under the saddle.

Generally speaking, the higher the score, the higher the weight, and the weaker the horse will bear the lighter the weight.

For horse owners, letting the pound race is the best chance for them to win the first horse. If there is no rating, the best horse will keep winning the race, and the participation of other horse owners will become meaningless.

So the question is, since you have to lose weight, how can you ensure fairness?

In countries and regions where horse racing is currently more developed, teams with negative pound scores, also known as pound ratings, will analyze each horse to determine the number of games the horse participates and negative pounds.

In addition to having to master the horse's track record, they publish horse ratings every week based on how the horse performs on the field: the higher the rating, the better the horse.

With standardized ratings, the basis for losing pounds will be clearer. For example, when horses with 120 and 110 are allowed to participate in the competition, in order to get the same chance of winning, horses with higher ratings will need to carry an extra 10 pounds (about 4.5 kg). Although it is not absolute, for every 1 kg of extra weight a horse will produce 1 to 2 horse positions, about one third of a second.

Of course, in order to avoid the appearance of horses with large gaps in the same competition, most pound races strictly require the horse to score in one range, such as the range of 0-70. Therefore, the score not only determines the horse's negative pound, but also determines the level of the event that the horse can participate in.

In Xiangjiang, horse racing is divided into multiple levels and is called a class race. When horses perform better, their scores will also increase, otherwise they will decrease accordingly.

Horse performance fluctuates and will also experience promotion and relegation. Just like the football team's upgrade and relegation, the football term "renewal" comes from this.

In the first six games of today's competition, all of them were from the fourth tier horses. The strength gap between them was not big, and negative pounds were likely to become the most important factor in determining the outcome of the game.

Therefore, Yang Cheng paid special attention to the No. 2 "Beautiful Day". In the first game, Panton finally won the second place in control of "Super Energy". At that time, the negative pound of flattery reached 131 pounds, which was also the best on the spot.
Chapter completed!