Rebirth of the Strongest Tycoon - Vol 3 Chapter 1475
Huo Jianning suddenly realized.
“Chairman, you intend to let other forces rush ahead to attract firepower. Let’s take advantage of their emptiness to enter these countries and regions.”
Xia Yu smiled and nodded: “Not bad.”
The aggregate economic output of Europe can rival that of the United States.
What’s more, it is more than the United States!
Although not much exceeded.
But think about the total economy of the United States. In addition to accommodating ten super giant consortia, there are also large and small families and consortia below.
A European economy is nearly fifty times that of today’s bustling Xiangjiang!
In the past, Xia Yu entered Europe, but the most important thing was the Bright Consortium, which relied on the British background. The Jiuding Consortium of Hong Kong didn’t enter the land too deep because it was blocked by the ubiquitous barrier.
Even if it is the Bright Consortium, although it is already a first-class consortium in Europe, its main bases are still in Britain and France.
Although the Bright Fund has branches in various European countries, many companies under the Bright Consortium also have branches and businesses in various countries.
However, if it fails to reach the top ten in the field, its influence is not enough, and it cannot serve as the foundation of the Bright Consortium in the local area.
In Europe today, the strongest economies are not Britain and France, but West Germany.
France is in second place, and the United Kingdom is in third place.
Continue down the row.
They are Italy, Spain, the Netherlands, Switzerland, Sweden, Belgium, Austria, Denmark, Norway, Poland, Finland and other countries.
In terms of economic aggregates, the fourth oldest Italy is almost the same as the third British!
The top five Spain and the top three in Central Europe, Switzerland, Sweden, and Belgium, combined, are equal to Italy or the United Kingdom.
But in any case, these countries where Xia Yu has not yet penetrated deeply, this excellent opportunity must be taken advantage of.
As for South Africa.
Although South Africa is now deeply mired in the divestment campaign initiated by Europe and the United States, which has caused social unrest, South Africa is still a country with a gross national product of over 100 billion U.S. dollars.
It is still the only developed country in Africa.
If in a few years, the Boer regime is brought down and Mandela comes to power, then South Africa’s economy will definitely go backwards.
But whether the economy goes backwards or not, it is different from whether you can make money.
As long as a sufficient foundation can be established in South Africa, there is a way to grab enough benefits.
In addition, South Africa, the only developed country in Africa, holds a different position in the hearts of the people of various countries in Africa. This is a special platform.
In the future, Xia Yu needs such a platform to realize more ideas in Africa.
This is Xia Yu’s top-level design.
As for the specific implementation plan, it needs to be built in accordance with the economic and social reality of each country, as well as Xia Yu’s own business empire.
This requires the teamwork of think tanks to be able to accomplish it efficiently.
After explaining Huo Jianning, Huo Jianning went down and implemented it with great spirits.
Just when Xia Yu finished drinking a pot of tea in the office and just wanted to go out and relax.
However, Wang Qi and Xu Chongguang came together.
“Why are you here together? An appointment?”
Seeing Wang Qi and Xu Chongguang coming in together, Xia Yu asked with a chuckle.
Xu Chongguang smiled and replied: “Chairman, I happened to meet Mr. Wang in the elevator. I asked him and learned that he was here to report to you, so I came together without talking to Director Huo in advance. communication.”
“Sit down and talk.”
Xia Yu smiled, did not mind, and greeted the two of them to sit down.
“Did you make the annual report? Show it to me.”
As Xia Yu said, his eyes swept over the two of them a few times, and finally he focused on Wang Qi.
Wang Qi immediately took out the compiled annual report from his bag and presented it to Xia Yu with both hands.
“Chairman, this is the business situation of Kirin Capital last year. As for the report of the Xiangjiang Commercial Exchange, the analysis level is not thorough enough. I will let the people below continue to do it, and I will have to wait two days.”
“Good.” Xia Yu nodded, did not say much, read the report first.
As the highest-starting asset management company in Hong Kong, Kirin Capital has attracted much attention since its establishment in March 1986, and Xia Yu has also placed high expectations.
Kirin Capital has a very high start. The six funds raised a total of 51,753.37 million Hong Kong dollars as soon as they were established.
Such a huge amount of funds is more difficult to operate.
Considering that Kirin Capital has attracted much attention, in order to expand better in the future, it needs to make outstanding achievements in the first year. Therefore, except for the six funds established at the beginning, no one was established in 1986. A new fund.
As for the various resources in the consortium, Xia Yu will also deliberately lean slightly towards Kirin Capital to boost its growth.
The annual report of Kirin Capital Company submitted by Wang Qi also proved that Xia Yu did not misunderstand anyone.
Wang Qi did not disappoint his expectations and managed the company very well.
Three private equity funds and three public equity funds are well developed.
The Kirin Bond No. 1 Fund is a private equity fund with an initial capital of 4.78 billion Hong Kong dollars. The current capital is 6.148.15 million Hong Kong dollars. The growth is 1.36815 million Hong Kong dollars, and the growth rate is 28.62%!
The Kirin Hang Seng Index Fund No. 1 is a private equity fund with an initial capital of 13.47 billion Hong Kong dollars. The current capital is 22,712.59 million Hong Kong dollars. The increase is 9.242.59 million Hong Kong dollars, and the growth rate is 68.62%!
Kirin Tianyi Mixed Fund No. 1 is a private equity fund with an initial capital of 14.18 billion Hong Kong dollars. The current capital is 25,621.88 million Hong Kong dollars, with an increase of 11.44188 million Hong Kong dollars, a growth rate of 80.69%!
The Kirin Bond No. 2 Fund is a public fund with an initial capital of 2.5737.76 million Hong Kong dollars. The current capital is 3.318.63 million Hong Kong dollars, an increase of 744.87 million Hong Kong dollars, and a growth rate of 28.94%!
The Kirin Hang Seng Index No. 2 Fund is a public fund with an initial capital of 60 billion 68 million Hong Kong dollars. The current capital is 10.41557 million Hong Kong dollars. The increase is 4.414 billion Hong Kong dollars, and the growth rate is 73.57%!
Kirin Tianyi Mixed Fund No. 2 is a public offering fund with an initial capital of 10.74893 million Hong Kong dollars. The current capital is 21,931.85 million Hong Kong dollars, an increase of 11.1829.2 million Hong Kong dollars, and a growth rate of 104.04%!
Kylin Tianyi Mixed Fund No. 2 is the only fund with an annualized rate exceeding 100%.
As for the entire company level, in the past less than a year, the amount of capital has increased from 51.75337 million Hong Kong dollars to 90,148.67 million Hong Kong dollars, an increase of 38.3953 million Hong Kong dollars, a growth rate of 74.19%.
Of course, because Kirin Capital is different from Jiuding Securities, Kirin Capital does not have self-support funds, and it is the assets of investors under management from beginning to end.
And because the investment types and risks of these six funds are different, the annual management fees and income commissions are also different.
After some calculations, in the past year, based on this income, Kirin Capital’s receivable management fees were HK$85.76 million, and the due income commission was HK$6.375.16 million.
After deducting some of the income due to Kirin Capital, then the actual annualized rate of return for investors is much different from the growth rate.
But this is the case, the lowest annualized rate of return is 24.76%, and the highest is 81.23%!
Such a rate of return, in the entire Southeast Asia, is enough to sweep a large area, and it can definitely be taken.
However, because these six funds are all closed-end funds, the Kirin Tianyi Mixed Funds 1 and 2 with the shortest closed period are all 3 years, and the other four funds are all 5 years, so this annualized rate of return can only be seen But I can’t touch it.
“This result is very good. If you work for a full year, you may be expected to bring capital to the scale of 100 billion Hong Kong dollars.”
After putting down the annual report, Xia Yu gave Wang Qi a positive evaluation.
Wang Qi said modestly: “Thank you for the praise, the chairman. The main reason for this achievement is that you commanded two big battles this time, and I took advantage of this to reap a lot of benefits.”
Xia Yu smiled and told Wang Qi: “Just publish this annual report with fanfare. I believe many investors are looking forward to it.”
“You know about the previous news of the Bright Fund. Although Kirin Capital’s funds cannot be redeemed for the time being, nor can it receive dividends, as long as it is announced, it can definitely create a sensational effect.”
“The next step is to start working on the European side. You can take this opportunity to set up more funds, raise more funds, and expand the scope of fundraising. Don’t catch Xiangjiang and Southeast Asia’s wool.”
Wang Qi couldn’t help but smile. He nodded obediently: “Okay, Chairman, I understand.”
Xia Yu smiled and nodded, looking at Xu Chongguang who had been waiting for a long time and said, “Sogo, what is your good news?”
He had prepared him a long time ago and presented the report to Xia Yu as if offering a treasure: “Chairman, please have a look, I have successfully completed the task assigned by you.”
“Oh?” Xia Yu raised expectations in his heart.
In April last year, he gave Xu Chongguang a difficult task to complete the issuance of 10 million global cards by the end of December last year.
He opened it and saw that the most conspicuous was a table with the number of cards issued in the nine months from April to December.
Nothing happened in April, but since May, no one month has issued less than one million cards. UU reading www.uukanshu.com
The peak data was in August last year, and the number of cards issued reached 2.284 million.
The final total shows that the total number of cards issued last year was 11.48 million, which was an excess of 14.86% to complete the assigned task indicators.
No wonder Xu Chongguang looks like a treasure offering.
Although Xia Yu thought it was a bit funny, he still understood his mentality.
After all, Xu Chongguang was promoted from the vice president of Jiuding Bank and served as the president and chairman of the vital global credit card international organization. He became one of the core figures of the financial platform of the consortium. Although it was highly valued and cultivated, it definitely gave him a great deal. pressure.
Knowing his current state of mind, Xia Yu naturally praised him.
“Sogo, you did a good job, overfulfilled the task, and didn’t let me down.”
Xu Chongguang was flattered, and humbly replied, “Thank you for the praise of the chairman. The key to the issuance of so many cards is the great support of the major banks. It is all your credit.”
Appreciation flashed in Xia Yu’s eyes, and he continued: “Keep an attitude of not being arrogant or impetuous, I am optimistic about you.”
“Now the foundation of the Global Credit Card International Organization is laid, but how to develop and grow in the future is the second key.”
“Especially Europe, which is densely populated with countries, as well as the Middle East and South America, needs further expansion.”
“This requires a real fight with other card issuing organizations.”
Xu Chongguang took a deep breath and focused his head: “I must follow your teachings and try my best to expand my business globally.”
PS: I’m sorry, the data involved is a bit difficult, and I have to check the past economic data of European countries, so I wrote a chapter for three hours, and the update is late. Sorry!
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