Fight To the Third Generation - Chapter 707

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Land in Lujiazui.

Especially for residential land, you can buy it with your eyes closed, and you don’t need to worry about it at all.

I stayed at the Peace Hotel and looked down across the narrow street. It was the mainland flagship store of SK2 Cosmetics Company.

Su Yehao spent some time visiting various construction sites, and then rushed to work to the Shanghai Branch of 5S Asset Management located in People’s Square.

His own office building is still under construction, and he rents a floor for a temporary transition, which is enough for the time being.

After arriving at the company, I called the senior executives of the company to a meeting and listened to reports on the sales of several fund products under the company, especially the open-end fund products.

In the first half of the year, Su Yehao and four mainland giants jointly invested 10 billion to establish SSSSS asset management company. The first business to use its own funds to invest abroad was to finance the Hong Kong Stock Exchange.

Recently, he decided to provide US$200 million to China Unicom. China Unicom will be listed on the New York Stock Exchange and the Hong Kong Stock Exchange at the same time. In fact, Su Yehao is not optimistic about its income prospects.

After all, he sold more than 200,000 Qualcomm pdQ mobile phones to China Unicom before, and the Black Diamond mobile phone, which will be put into production soon, also needs to be sold through China Unicom.

A few days ago, China Unicom just announced that it has reached a strategic partnership with Qualcomm, and will use the CDMA technology developed by Qualcomm to build a mobile phone network before the end of this year.

This means that the initial sales of Black Diamond mobile phones must focus on cooperation with China Unicom.

In the mobile phone R&D laboratory, preparations are already being made for dual Netcom. The new products launched next year may support the two mobile communication technology standards, CDMA and GSM, and can convert between the two standards.

As for the full-keyboard Black Diamond mobile phone that Su Yehao has tried, it does not support this function for the time being. In order to reach the purchase agreement signed with Qualcomm, it is necessary to have a good relationship with China Unicom.

Previously, 5S asset management companies had more self-owned funds than the custodial funds raised from the market. With the opening of the open-end fund pilot program, this situation has been rapidly changed.

Many companies and individuals have transferred idle funds to 5S asset management accounts. Together with the funds raised by closed-end funds, the total amount of funds raised in the mainland and Hong Kong cities quickly exceeded 10 billion yuan.

Among them, about 40% of the more than 7 billion RMB raised from the mainland was provided by enterprise-level customers.

Residents have no money for the time being, and many companies are still very wealthy. Companies such as Maotai and Midea on the mainland have invested more than 100 million yuan, and some mainland rich people have also supported them.

The name of the person, the shadow of the tree, Su Yehao has been conferred a **** after several battles, and his popularity is not low.

In particular, deeds such as helping Midea Group’s financial management and supporting Biguiyuan’s performance soaring are widely circulated in the mainland business circles, and there are more people who are willing to believe him than expected.

Therefore, after listening to the introduction of the Shanghai Stock Exchange branch, the data looks quite beautiful. After pushing up Vanke’s share price last time, it once again attracted a group of retail investors to buy funds.

It seems that these leeks are also aware of the reason why they cannot fight with institutions. Although their original intention of paying money is a bit speculative, it is undoubtedly good for 5S asset management to take out real money.

Sit in the main seat of the conference room and listen carefully to the report.

Su Yehao nodded at this moment and said with satisfaction:

“The company’s expansion rate here may be a little faster than I thought. Before the end of the year, I plan to launch several more targeted open-end fund products, focusing on different industries, such as real estate, finance, liquor and consumption, etc. , to provide investors with more choices.”

As soon as he finished speaking, the person in charge of the branch immediately expressed his position and replied:

“I agree with Mr. Su’s opinion very much. We will make every effort to promote it, and foreign fund companies will be very meticulous and develop products such as quantification, hedging and even special short selling. Now other peers have not yet got admission. This is a good time for our full expansion, and it just so happens that the stock market is in a bull market, supported by the good news of joining the WTO, and investors are very motivated.”

Listening to the way the manager speaks, you don’t need to guess to know that once should belong to the iron rice bowl in hand

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of that kind of people.

In the early days of 5S’s establishment, there was a shortage of manpower, and many elites were recruited from the four major partners.

This person from the Shanghai Stock Exchange belongs to one of them. His resume Su Yehao is still a bit impressive. He once studied abroad at the University of Pennsylvania, majoring in the financial field.

A typical elite turtle, suitable for learning from foreign experience and helping the company’s business on the right track.

The mainland’s open-end funds have just been piloted, and many people don’t know enough about the industry.

Su Yehao smiled and said:

“Yeah, since the sprint to join the WTO, all walks of life have become more dynamic. Many problems in banking, trade, foreign investment promotion and other fields can’t be delayed any longer. You dare to strip off trillions of bad debts. Remember to help me keep an eye on the joint-stock reform of the four major banks, and I will invest whenever I have the opportunity to do so.”

The local person in charge took advantage of the situation and asked:

“I heard the news that boss, you promised to provide 60 billion yuan in financing to the above within three years. I don’t know if this is true or not.

“Well, it’s true. After the shareholding system reform of some companies, the prospects are actually quite good. Purely from an investment perspective, I am very optimistic about some companies.”

Su Yehao knocked on the table and asked curiously, “Why, have any investors asked this?”

“A lot of people have asked in the past few days, they like to let you use money to invest in stocks. It is best to see the return immediately. If you launch a product aimed at the reform of state-owned enterprises, I am worried that the sales will be inferior to other products. Three years and six hundred RMB 100 million… it seems to be a bit troublesome, and the investment cycle seems too long and not attractive enough.”

Since the beginning of securities trading, the stock market has been up and down, showing immaturity.

The Shanghai Stock Exchange has only been established for ten years. So far, there have been three stock market crashes, and the movements of individual stocks are often unreasonable.

For a long time, investors were unavoidably frightened and afraid of being cut off by leeks.

The 5S group of small and medium-sized investors has a high degree of overlap with investors who like to speculate in stocks. They are accustomed to speculating in medium and short-term stocks on weekdays.

Many of them ~www.mtlnovel.com~ are now looking at open-end funds with the eyes of stock speculation, as a speculative product similar to a new type of stock.

In the past, there were restrictions on the closed period, but now you can run away at any time. When it comes to commissions, there is no stamp duty in the stock market. There are indeed similarities between the two.

In this case, let them take out the money and accompany Su Yehao patiently waiting for the reform of state-owned enterprises to make profits, even if he bears the title of “Small Stock God of Hong Kong City”, it is not easy to use.

After all, what is it like to show off in the American market? Soros, who killed the Quartet in Southeast Asia in the past few years, was not almost crippled. Many people really feel that in the A-share environment, even if the big stock **** Buffett comes, it will be unlucky.

Knowing that investors are not optimistic about the reform of state-owned enterprises, Su Yehao smacked his lips and said with emotion:

“A large number of multinational companies are looking for prey everywhere in the mainland with red eyes. Are they all doing good deeds? The investment philosophy of these people should really be changed. It doesn’t matter if some people don’t believe me, you don’t need to be under pressure, as long as the next The performance is good enough, and the scale of the mainland market can raise money quickly, I will find a way…”

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Chapter 707 Investment and Speculation Free read: https://,!

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