Rebirth of the Capital Legend
Chapter 244 Preparation for Huayi Capital’s Hong Kong City Branch!
Chapter 244 Preparation for Huayi Capital’s Hong Kong City Branch!
However, he still has a lot of preparation to do in order to participate in international foreign exchange market transactions, take advantage of the upcoming black swan event of "British referendum to leave the EU", harvest global capital, obtain extreme profits, and complete more substantial capital accumulation.
First of all, he has to ensure that the funds in his hands go overseas legally and compliantly before he can make investments.
Secondly, if he wants to build up a huge position and gamble on the black swan event of "Britain's referendum to leave the EU", it is definitely not possible for him to do it alone. He needs a trustworthy trading team.
In addition, the transaction location for this foreign investment must be located in a place where funds can flow in and out freely.
With all this in mind…
After much deliberation, Su Yisi decided to register an offshore branch of "Hua Yi Capital" in Hong Kong City and temporarily transfer a trading team from the company there.
"Boss Su, do you mean... that our company is going to establish a branch in Hong Kong City?"
At an internal meeting of the company's leadership after Su Yi's decision, Wang Huaijin, the general manager of the company's operations department, asked with obvious surprise.
The heads of other company departments were also quite surprised by this.
After all, the company has only been established for less than half a year, and all its business, company management, and personnel integration have just started to get on track. The decision to expand branch business is somewhat surprising to everyone, but... since the boss has decided, naturally no one will have any objection.
As the company expands, business development is getting better and better.
It will definitely be beneficial to everyone.
"Yes." Su Yi looked at everyone and said with a smile, "At present, our company's domestic business has been initially stabilized, and the operation of fund products has also been on the right track and has been recognized by many investors. At the same time, the performance of our company's main fund products has also achieved very impressive results in the first quarter.
Based on the research and analysis by me and trading manager Lao Qu.
At present, the domestic A-share market is in a period of strong bull-bear transition. In the short to medium term, there will be no new bull market, and relatively speaking, investment opportunities are still relatively limited.
Furthermore, given our company’s current staffing and talent pool.
It is also not advisable to continue developing new fund products at this time.
As everyone knows, as a private equity institution, our core business should still be based on the performance of issued fund products, rather than blindly pursuing scale.
Even so, at this stage, there are many investors in the market who trust us.
If we really launch new fund products, there will be many investors who trust us and will subscribe to our fund product shares.
However, our team still needs to gain experience, our trading model and investment strategy still need to be verified by the market, and the future market conditions may not be optimistic.
We must first be responsible to the existing investors who trust us.
The most important thing is to do our best to focus on the present, improve the performance of the current main fund product, and establish a resounding reputation for our institution in the industry.
all in all……
It is not advisable to develop the domestic A-share asset management business too quickly at present, as there are not many opportunities.
On the contrary, there are many opportunities in the international financial market today.
So, I decided to change my mindset and try investment opportunities in the international financial market.”
"Boss Su, I'm sure everyone has no objection to opening a branch." Wang Huaijin continued, "But how will the branch's business be carried out? Will it need to raise new fund products? And how will personnel, venues, related business approvals, and other aspects be arranged? I'm afraid everyone is still a little unsure."
Su Yi smiled softly and said, "Didn't Manager Wang graduate from Gangcheng National University? You should be more familiar with the situation in Gangcheng, right? At present, there should be no important matters in the company's product operations. If I let you prepare the overall affairs of the Gangcheng branch, what do you think?"
Seeing that no one in the entire management team volunteered to sign up, Su Yi personally appointed the person.
Wang Huaijin thought about it and replied, "Since President Su has appointed me, I must take on this responsibility."
"Okay." Su Yi nodded slightly, "Then from now on, you will be the general manager of the Gangcheng branch, and the company's product operations manager will be handed over to Ge Hongliang."
As he spoke, Su Yi looked at Ge Hongliang, who was sitting upright beside Wang Huaijin.
Previously, Ge Hongliang was the business project leader under Wang Huaijin.
After several months of observation, Su Yi discovered that Ge Hongliang was quite capable in terms of business ability, and he maintained the company's investor customer base very well, making him very suitable for the position of the company's product operations manager.
He needed Wang Huaijin to help him develop the branch business, so naturally promoting Ge Hongliang was the most appropriate person.
Ge Hongliang never thought that he would be promoted so soon?
He was stunned for a long time before he reacted and said hurriedly: "Thank you for your trust, President Su. I will work hard in the future and live up to your trust."
Su Yi smiled and emphasized: "It's not about betraying my trust, it's about betraying the company's trust."
"Boss Su, regarding the main business investment direction of the branch... which field are you going to get involved in?" asked Qu Zecai, the trading manager. "The international financial market is more dangerous than the domestic market. No matter which field, as long as we develop our business in this direction, I'm afraid that with our company's current influence and investors' trust in our company, it will be quite difficult for us to raise funds to invest in the peripheral market. After all, domestic investors still have a great fear of investing in the peripheral market."
"This time, we don't need to raise funds." Su Yi said with a sharp look in his eyes.
"No need to raise funds?" Qu Zecai was obviously stunned and didn't react for a moment.
Su Yi continued, "After the Hongcheng branch is established, I will inject 50 billion in cash into the company in the name of an interest-free long-term loan, and this 50 billion in cash will be used as the company's proprietary fund product to invest in the international financial market. Once we have achieved results in this proprietary fund product and gained the trust of many domestic and even foreign investors, we can also develop new international investment businesses."
"Mr. Su is investing with his own funds?" Qu Zecai was extremely shocked.
He never expected that Su Yi was so courageous that he dared to enter the extremely dangerous international financial market with a huge capital of 50 billion.
The other managers and Wang Huaijin heard what Su Yi said.
I was also deeply shocked.
"Boss Su, there's no need to do this." Wang Huaijin reminded him, "The risk is too high."
Although they knew that Su Yi was a trading genius in the financial market, and they also knew how Su Yi had accumulated such a huge amount of capital in a short period of time, what Su Yi was about to invest heavily in was the extremely dangerous international financial market. According to the experience of Wang Huaijin and Qu Zecai, two people who have been in the financial circle for many years, none of the domestic investment companies that have intervened in international financial market investments have made a name for themselves and achieved relevant excellent investment results over the years.
"I have already made up my mind. You don't need to persuade me anymore." Su Yi said.
Wang Huaijin saw that Su Yi had made up his mind, and even though the branch had not yet been established, 50 billion yuan of self-operated investment funds had already been in place. For a moment, he was filled with countless expectations for his future development in Gangcheng.
He was born in Shenzhen and graduated from the National University of Hong Kong.
Although he has been hanging out in Shanghai for many years, he still has many connections, relatives and classmates in Hong Kong.
Therefore, Su Yicai chose him to lead the preparations for the Gangcheng branch and let him serve as the general manager of the future Gangcheng branch.
"Sister Wang, Manager Yang, Manager Luo..." Su Yi glanced at the company's financial director, administrative director, human resources director and other department leaders, and ordered, "If Manager Wang needs anything later, you should cooperate more. I only have one request at the moment, that the Gangcheng branch must be prepared and completed within one month."
"Okay." Everyone nodded in response.
These people are industry elites that Su Yi poached from big companies at high prices.
Although Su Yi required a very short time to prepare for the branch, this was not a problem for them. What's more... everyone knew that Su Yi's personal capital was very wealthy.
In this world, as long as you pay enough, 99.99% of the problems can be solved perfectly. "Oh, by the way, there is also the arrangement of the trading team." After Su Yi arranged the preparations for the Hongcheng branch, his eyes turned to Qu Zecai, "Old Qu, I am new to the international financial market, I am afraid I still need your help. At present, the investment strategy and trading strategy of the company's 'Huayi Expedition No. 1 Fund Product' are basically fixed. In the short and medium term, there is no need to make major adjustments. Everyone mainly trades intraday, so it should be said that the trading tasks are not heavy.
I plan to divide the current company's trading team into two groups.
A group of retained companies will continue to be responsible for the transactions of the 'Huayi Expedition No. 1 Fund Product'.
Another group will be transferred to the subsequent Hong Kong stock branch to be responsible for transactions in the international financial market. What do you think? "
Qu Zecai responded: "As long as our company does not issue new fund products and does not rashly change its strategy and trading model, it is possible to do so."
"Okay then." Su Yi said, "Let Zeng Anping stay in charge of the company's trading team. What do you think?"
Qu Zecai nodded and said, "I think it's okay. Xiao Zeng has plenty of experience in leading a team and has managed a large fund product at E Fund. It should be no problem to let him be in charge of the transaction."
"Okay." Su Yi said, "Then it's decided. As for which specific people to stay, you can ask the employees in the team for their opinions. We will let them make their own choices based on the principle of mutual respect. For those who are willing to work on business trips in Hong Kong for a long time, there will be corresponding subsidies, salary performance, and other subsidies, housing subsidies, etc. Manager Luo, you can have someone formulate a clear subsidy system to stimulate everyone's enthusiasm."
"Okay." Luo Tonghui nodded in response.
Su Yi continued to think about it, and seeing that there was nothing more to add, he left.
Some days later...
While accompanying his mother, Su Yi was busy preparing for the establishment of the Gangcheng branch. At the same time, after the Gangcheng offshore branch was successfully registered.
He immediately did what he had said at the beginning.
Using personal funds in the name of interest-free loans from the company.
Through Huayi Capital, 50 billion of special self-operated investment funds were injected into Huayi Capital Hong Kong City Branch.
After injecting 50 billion yuan into the Hongcheng branch.
He has only about 9 million yuan in cash left in his personal hands, as he spent nearly 10 million yuan on acquiring chips for the "Jingcheng Holdings" investment project and acquired 4% of the shares.
However, given his current personal living conditions and the company's development status.
4 million in cash is enough for him to support the company's operating expenses for at least one year, as well as his own and even his family's expenses.
In other words, even if he lost all the 50 billion yuan that he invested in the international financial market through the 'Hongcheng Branch's proprietary fund products', it would not affect the foundation of his current business.
After all, as long as the company has been in operation for one year.
The company can charge a management fee of 1% of the fund size from the closed-end "Huayi Expedition No. 4" fund product, and obtain a share of excess profits of more than 50% of the fund product's annual profit.
The fund size of 200 billion does not include the sharing of excess profits.
The company can also collect at least 8 million in management fees, which means... without developing new fund products, the company can survive well relying solely on the annual management fees of the "Huayi Expedition No. 1" fund product.
"Brother Xiaoyi, are you going on a business trip for a long time?"
On Thursday, May 5, after Labor Day, Chu Wan heard that Su Yi was going on a business trip and asked reluctantly.
Su Yi gently rubbed her head and said, "It may take a long time, but don't worry, as long as I am free, I will fly back from Hong Kong to see you.
"Okay, then I'll wait for you." Chu Wan nodded obediently and said softly.
"I have arranged everything for the music school's admissions." Su Yi continued, "When the time comes, you can directly tell Teacher Gao what courses you want to take and ask her to help you communicate with the school's admissions office."
In order to allow Chu Wan to enroll successfully, he donated 1000 million to the Magic City Conservatory of Music.
Plus, Chu Wan herself is excellent.
He felt that there would definitely be no accidents in the subsequent admission matters.
"Okay." Chu Wan responded, and after a moment of silence, she said, "Then...Brother Xiaoyi, I miss you. Can I call you?"
She remembered Su Yi's number, so she could dial it blindly without looking up the phone book.
"Okay!" Su Yi smiled and didn't think too much about it.
"Don't worry about going out. Wan'er and your mother, I'm here with you." Father Su saw that it was getting late. If he delayed any longer, he would probably have to change his flight schedule. He couldn't help but say, "Take care of yourself when you get to Hong Kong City. Call me when you're free, or we can come over to see you. It just so happens that I haven't been to Hong Kong City yet. I heard that Hong Kong City's Victoria Harbor is particularly beautiful."
After such a long period of adaptation, Su's father obviously also has some urban aura.
My horizons have obviously broadened a lot, and I am more confident when speaking.
"Okay." Su Yi said, "I'll go over and make some arrangements and then call you."
After saying that, Su Yi carried his luggage and went out.
When they arrived at the garage downstairs, his cousin Su Jiahao helped him put his luggage in the trunk and then drove him to the airport.
Su Yi did not ask Su Jiahao to go on a business trip with him. He only asked him before leaving: "Cousin, after I go on a business trip, you can take care of the things at home. My father, my mother, and Wan'er, if there is anything they need help with, please help them. There are also things about the company..."
Su Jiahao smiled and replied: "Su Yi, you are still such a worrying person, don't worry."
After giving his final instructions, Su Yi boarded the plane.
Then, a few hours later, Su Yi arrived at the Gangcheng branch.
After a month of preparation, under the full responsibility of Wang Huaijin, Su Yi was very satisfied with the branch's office conditions and facilities and equipment.
"Good, thank you for your hard work." Su Yi looked at the company's setup and layout and said to Wang Huaijin.
Wang Huaijin smiled and responded, "This is not just my own effort, it's the result of the joint efforts of everyone in the company. By the way, President Su, it's getting late now. I've already arranged your accommodation and the welcoming banquet."
As he said this, Wang Huaijin followed Su Yi to inspect the company.
Took him to a Hong Kong specialty restaurant with a nice environment.
Su Yi had just walked into the restaurant and before he had time to take a closer look at the environment of the restaurant, a familiar figure passed by him.
"Sorry." The other party apologized first.
"It's okay." Su Yi smiled.
When the other party heard the familiar voice, he looked up hurriedly and saw Su Yi's face. His clear eyes instantly revealed an extremely surprised look: "Su...Su Yi."
"Yeah." Su Yi nodded slightly, gently extended his hand and shook it, saying, "Miss Fang, I didn't expect it to be such a coincidence that we meet again."
(End of this chapter)
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