Fight To the Third Generation - Chapter 635
in this year 2000.
You can only engage in closed-end fund transactions in the Mainland. Open-end funds are still in the research and discussion stage, not to mention qdii and qfii funds.
The so-called closed-end fund means that when the sponsor of the fund establishes the fund, the total amount of the fund is first limited.
During the closed period, investors cannot redeem.
After expiration, it must also be traded through the stock exchange, with many restrictions.
Because investors do not understand enough, they even speculated that the fund was like a stock, thinking that the fund also has a price-earnings ratio like a stock and so on.
In this regard, it can only be said that the asset management industry in the Mainland has just started, it is still not professional enough, and the market size is pitifully small.
This time, Su Yehao took the opportunity of the reform of the Hong Kong Stock Exchange to cooperate with the four giants, and he did not take the opportunity to enter the financial and wealth management industry, and then take advantage of his own advantages to expand his income and his own influence.
Trying to cultivate a “cash cow” by providing professional asset management solutions for domestic and foreign customers.
For example, he manages 100 billion yuan of assets for others, and can collect 15 to 25 yuan through management fees each year, and the gross profit is 1.5 billion to 2.5 billion.
In addition, there are subscription fees, subscription fees, redemption fees and other income. As long as the scale is large to a certain extent, this part of the income should not be underestimated.
If one trillion RMB can be managed, the income may be expanded tenfold accordingly. If the profit can be rolled over and the funds earned can be invested through channels, the profit will be further increased.
Recently, Su Yehao has realized that he cannot make full use of the information in his head by investing alone.
For example, Gree, or Vanke, liquor stocks, etc., in fact, in the long run, the income is very good, and the opportunity to buy the Nasdaq in the future should not be missed.
However, his strength is limited and he has no extra energy to continue investing.
in this case.
Setting up an asset management company to raise funds for investment, and he earns money by taking a cut of it, is obviously the best solution. He has the opportunity to realize the difference in information, and he has no risk.
The big four who cooperated with him, the reason why this time is so refreshing, in addition to coveting the shares of the Hong Kong Stock Exchange, actually valued Su Yehao’s ability and fame.
When doing business in the asset management industry, fame is undoubtedly very important.
Nowadays, hundreds of millions of people in the mainland know that Su Yehao makes a lot of money. He has accumulated amazing wealth in just two or three years, and his image is very positive.
If he attracts the attention of sssss asset management company, the effect will be far better than spending hundreds of millions to advertise. After all, Su Yehao has proved that he is really good at making money.
Compared with lesser-known investment managers, most of their clients hope that they will hand over their money to a rich man like Su Yehao for management. The celebrity effect is vividly reflected in the investment world. For example, Warren Buffett, who is the stock god, is always attracted to him. After the news spreads, it will definitely rise
In the conference room on the second floor of the castle, we basked in the sun and discussed for hours.
Su Yehao and these representatives have initially reached a partial consensus. It is planned to first establish a public fund and a private fund in Hong Kong City.
As for the mainland.
You have to go through the formalities before you can work. At that time, it is expected that a product with a total scale of 2 to 3 billion yuan will be launched to test the water in the form of a closed-end fund.
In addition, with the support of these partners, Su Yehao personally came forward to give some suggestions on the promotion of open-end funds and dqii products, and strive to open new markets as soon as possible.
After discussing important issues.
The CITIC executive was drinking tea with a smile on his face, and asked Su Yehao, “Mr. Su, I take the liberty to ask you something. Is the reform of the Hong Kong Stock Exchange going well? Is there any hope for our company to get shares?”
Su Yehao said decisively
“You can rest assured. Although the draft is still under discussion, the future development of mainland listed companies is the focus of the development of the Hong Kong Stock Exchange. Due to the diversification of shareholders, we 5s will definitely have the opportunity to occupy a position on the board of directors.”
The reason why I dare to speak so full is because the introduction of mainland capital is very beneficial to the Hong Kong Stock Exchange.
With the reform and development of the north, the channels for going public are no longer limited to the Hong Kong Stock Exchange. The Singapore Exchange, which has completed the reform ahead of schedule, and the New York Stock Exchange in the United States are all new choices.
This time, the local government spared no effort to “help” the Hong Kong Stock Exchange, the Futures Exchange, and China. The three companies of the Central Clearing and Clearing Corporation merged in order to eliminate the status quo that members can control the market by holding a group, strengthen supervision and lock it in a cage.
The voice of those members in the past will be converted into corresponding shares. In addition, external financing will be used, and the funds raised will be put to practical use to improve international competitiveness. There are only so many companies in Hong Kong City. It has become a Hong Kong company to undertake mainland listed companies. The next focus of the exchange.
Su Yehao selected carefully and took the initiative to unite these four giants to form the sssss asset management company.
If you need strength and strength, you must have a relationship, not only in terms of face, but also in strength far beyond that of many multinational companies. There is no reason to be suppressed.
In order to get himself to the top, Zheng Yongwen has also passed the gas above and got a positive answer. The progress is much smoother than that of Su Yehao and the wealthy businessmen in Hong Kong City to win some equity.
Probably because of the fear of repeating the same mistakes, some businessmen will continue to have the right to speak.
This time, in the name of expanding international influence, many local companies were excluded, mainly to attract multinational companies.
Su Yehao can understand, but in order to achieve the goal of “Nasdaq in Hong Kong City”, he still hopes to take more shares and occupy a favorable position, so he has been dancing more happily recently.
Seeing that the above is wary, this is why he made a temporary decision to set up this sssss asset management company decisively, and tried to leave the Kai Tak Cyberport group of partners and continue to compete for financing shares in his own name.
The names of the three companies sound very powerful, but in fact, the total value of the three companies is only 4 to 5 billion Hong Kong dollars.
As long as the local allows ~www.mtlnovel.com~ he even dares to pack it all, there is no pressure on funds.
At noon, I went to the hi~o ̄▽ ̄ブ Garden Hotel where this group of people stayed, and Su Yehao had a meal with them.
After eating and drinking, the hospitality thing came to an end.
Thinking of promising Buck Tooth Jun to help him settle his fiancee’s problem, there was nothing to do in the afternoon, so he called Buck Tooth Jun and took a boat back to the casino.
In the middle of the way, I shook people first, called my father with a satellite phone, and briefly explained what happened.
This father was finally begged by his son. Not only did he not feel troublesome, but he was in a good mood, and told him to go to the old gambling king to give him some breath and help mediate.
In terms of financial resources, the Su family is indeed the first in the casino city, but for these contradictions, the old gambling king who runs the casino is more experienced.
Recently, there have been discussions about splitting the gambling cards, but currently only the Lisboa family is the dominant one. Before the father of Buck Tooth Jun’s fiancee entered, he was begging for food under the gambling king’s hands. Asking him for help would be more effective with less effort.