The wealthy entrepreneur: I want to support millions of employees!.

Chapter 871 Acquisition and Overseas Expansion Preparations! Stock Market Fluctuations!

This time, Yuanshi Investment has officially passed the approval process and is now qualified to set up a subsidiary in Hong Kong.

Xiong Tianze was about to go to Hong Kong, so Su Yang took the opportunity to visit Shenzhen.

Xiong Tianze was going to stay in Shenzhen for one night, mainly to make use of Luo Junqing's connections in Hong Kong.

As soon as Su Yang entered the office, he saw Xiong Tianze, Luo Junqing, and others laughing, creating a harmonious atmosphere.

"Mr. Luo, the boss has arrived!"

Luo Junqing's assistant couldn't help but remind him.

The office quickly quieted down, and everyone sat up straight, looking like middle school students who had just heard that their homeroom teacher was coming!

Su Yang sat down in the main seat and asked curiously, "What are you all laughing about?"

Luo Junqing glanced at Xiong Tianze furtively, as if asking if he could speak.

When Xiong Tian met Su Yang's questioning gaze, he helplessly spread his hands and said, "That's something I can talk about!"

Luo Junqing asked again to confirm, "Really?"

"real!"

Su Yang then looked at Luo Junqing: "President Luo, tell me, what are you all laughing at?"

After receiving repeated confirmation from Xiong Tianze, Luo Junqing relaxed a little and said, "Boss, it's like this, we were laughing...laughing at the sales manager of Yuanshi Private Equity!"

"What happened to them?"

Luo Junqing glanced at Xiong Tianze again.

Seeing that he was smiling made me feel more at ease!
“Last time, didn’t our company help Yuanshi Private Equity attract clients? I also introduced a few wealthy friends…” Luo Junqing glanced at Xiong Tianze and said, “The clients asked if private equity funds had guaranteed returns, and Yuanshi Private Equity’s sales manager directly said that private equity funds do not have guaranteed returns, but they do have loss protection clauses. If the maximum loss is 30%, the private equity fund will be forcibly liquidated…”

"Isn't it perfectly compliant?" Su Yang asked, puzzled. "What's so funny about it?"

The three senior executives of Jintai Fund looked at Su Yang with suspicion, beginning to wonder if everyone had different senses of humor!
Luo Junqing thought for a moment and said, "It's a bit too direct. It feels like we're driving customers away!"

Xiong Tian cleared his throat and answered everyone's questions: "The style of our private equity firm's client managers is... it's what the boss personally taught them!"

The executives at Jintai Fund suddenly realized why Xiong Tianze was so confident.

Luo Junqing smiled somewhat awkwardly, "I think if those sales managers were a little gentler and more tactful, they could have raised even more funds!"

"Yes!" Su Yang nodded. "Actually, some sales managers are more tactful, but the one who was sent over back then was probably more straightforward!"

However, Luo Junqing added, "But I have a friend who really likes Yuanshi Private Equity's approach. He said that Yuanshi Private Equity's sales manager is very open and honest, and doesn't treat him like a fool!"

The senior executives in the office all laughed again.

Su Yang laughed and said, "That's right, these are the customers we want!"

Then Su Yang said rather sarcastically, "If anyone really believes that domestic wealth management products have guaranteed returns, they can only buy those products that promise guaranteed returns of more than 10%!"

Sitting at the back of the group, Yu Chengjun asked curiously, "Are there such financial products?"

Xiong Tian nodded solemnly: "Yes!"

Yu Chengjun asked curiously, "What is it?" Su Yang smiled and said, "Well, it's either a Ponzi scheme or a scam!"

Yu Chengjun then realized...

Then, Su Yang started chatting with Xiong Tianze and the others.

The company's plan is to set up a subsidiary in Hong Kong and then apply for a license, mainly for the company name "Yuanshi"!
Currently, Yuanshi Investment manages over 5 billion yuan in funds and is qualified to apply for 9 licenses through formal channels.

In addition, Luo Junqing will also help Xiong Tianze find a reliable consulting firm in the industry.

That afternoon, Su Yang also chatted with the former employees who had been transferred from Yuanshi Private Equity to Jintai Public Fund.

He also didn't let go of the group of talents he recruited, such as key managers and so on.

Overall, Jintai Fund Management is operating quite well!
Recently, the assets under management have been increasing, although the increase is not large, only a little over 300 million!
This is the downside of having a single, weak shareholder.

It requires gradual development and is difficult to achieve leapfrog improvement!

If the shareholders include banks, securities companies, or large conglomerates with ample cash flow, the development speed will definitely be completely different!

Su Yang is indeed wealthy, and many of his subsidiaries are also wealthy, but the majority of his wealth is concentrated in private equity firms.

Yuanshi Private Equity's current asset management scale far exceeds that of Jintai Public Fund, and its returns are also significantly higher!

However, it's almost the end of September, and Su Yang feels that the take-off time for Jintai Public Fund should not be far away!
The next day, after Xiong Tianze went to Hong Kong, Su Yang also took Yu Chengjun on a plane back to Fuzhou!

In the following period, Xinghuo Media actively prepared for its overseas expansion.

Su Yang also passed the headhunting company's interview and began interviewing several talents who had worked in Southeast Asia and had experience in MCN market development and management!

Xinghuo Media is now a well-known MCN company in China, and with its relatively high salaries and performance-based bonuses, many people are willing to give it a try.

The talent recruited by headhunting firms is generally quite reliable.

Among these talents are those who have been or are currently in the overseas management team of large MCN companies.

Some are even seasoned professionals in the industry, having previously run MCN companies in Southeast Asia, but the companies went out of business for various reasons...

If they return to Southeast Asia now, they can quickly connect with a group of overseas influencers and relatively professional local staff to help the company set up its business.

Just as Su Yang was slowly conducting the interview, the auction date for the Rongcheng Tiancheng International Hotel arrived!
In addition, Su Yang is also constantly interviewing hotel management teams!
The auction date for Rongcheng Tiancheng International Hotel is fast approaching, and he needs to prepare to take over this luxurious five-star hotel!

Su Yang was somewhat looking forward to taking on a capital-intensive project like a five-star hotel for the first time.

Fortunately, quite a few five-star hotels have gone bankrupt and been sold off in recent years! In addition, with the accumulation of five-star hotel management talent in China over the years, Su Yang has been able to acquire a lot of experienced talents and teams!

Of course, while busy with his own work, Su Yang did not forget to keep an eye on the stock market.

After all, if he's not mistaken, it will probably be around the end of September.

Since mid-September, the government has frequently released various favorable stimulus measures, and those in the financial sector can clearly feel the government's emphasis on and determination regarding the stock market!
In the past few days, the work groups of Su Yangyuan Stone Private Equity and Jintai Public Fund have also been extremely active.

Those working in the mutual fund industry, especially employees at Jintai Mutual Fund, are eagerly anticipating a recovery for the financial sector.

The truth is, the stock market didn't keep them waiting long.

After hitting a new low, the market started to rise continuously!
(End of this chapter)