The wealthy entrepreneur: I want to support millions of employees!.
Chapter 973: 900-Year Return Rate! Pei Jiaqi Tops Trending Searches!
Chapter 973: 900% Annual Return! Pei Jiaqi Tops the Trending Searches!
Hongyin Capital is quite strong, having invested in several leading domestic companies through private equity.
"can!"
Gao Yuanshan was in a very good mood because Su Yang treated him so well and even praised him for his good taste.
He wouldn't underestimate Su Yang just because he was young. After all, Su Yang already had a net worth of tens of billions and had become a powerful figure in his own right!
In terms of actual assets, he is no match for Su Yang!
Although the company abandoned the acquisition of Gaoxing Retail, he still hoped to build a good relationship with Su Yang, the promising boss.
He climbed his way up step by step, and he's not without setbacks in his life.
They run a private equity business, which requires them to network with wealthy people!
Otherwise, where did they get the private equity funds they raised?
Next, Gao Yuanshan shifted the topic to Yuanshi Private Equity: "I heard that Yuanshi Wealth No. 1, a fund under President Su's Yuanshi Private Equity, has achieved a return of over 900% this year?"
"You know this too?"
The main reason is that the market has been doing well this year, and the stock market is very active. Yuanshi Wealth No. 1 even added leverage!
Gao Yuanshan swallowed hard: "I saw the earnings announcement on Paipai.com, but I'm a little... incredulous!"
"It's alright!" Su Yang thought for a moment and said, "I remember that Nuobing Asset Management used to have a private equity fund with a return of 1414% in 11 months, and another fund with an annual return of 1475%?"
Gao Yuanshan seemed to be recalling something, saying, "That was 19 years ago!"
"So Manager Pei's performance isn't exactly top-notch, is it?"
"Not top-notch?" Gao Yuanshan clicked his tongue and looked at Su Yang, saying, "If your manager Pei heard you evaluate her performance like that, she'd probably jump up and down, right? I heard that your fund has exceeded 10 billion in size... Nuobing Capital's two funds had an initial size far smaller than Yuanshi Wealth No. 1!"
Only he knew the terrifying value of an initial investment of over one billion and a return of over 900% in one year!
This is completely different from having an initial investment of several million or ten million!
Su Yang asked curiously, "Did the bank give you this information?"
"Yes!" Gao Yuanshan nodded. "I have many friends in the financial industry!"
"Since you say she did a good job, I'll reward her properly when I get back!" Su Yang said with a smile. "Of course, if President Gao is willing to support our company's business, I would be very happy to do so. Although Yuanshi Wealth No. 1 is subject to a sales restriction, our company has other excellent private equity fund managers!"
"forget it!"
Gao Yuanshan refused outright!
He might be somewhat interested in the raw stone "Wealth No. 1"!
However, he showed little interest in products managed by other fund managers at Yuanshi Private Equity.
Although the other fund managers at Yuanshi Private Equity had decent performance, he looked down on them.
Their company's private equity fund managers have also achieved returns exceeding 100% this year!
He's not suited to be the general manager of other private equity firms' funds... What will the employees think? What will the boss think? What will the investors think?
He acknowledged that Pei Jiaqi was a genius, but he didn't believe that her performance would remain so phenomenal!
After the two sides finished their exchange and exchanged contact information, Su Yang saw the guest off.
Turning around, Su Yang saw Yu Chengjun secretly glancing at Gaoxing Retail's stock: "How much has the company's stock price fallen?"
Yu Chengjun asked, "Does the boss really want to hear this?"
"Say it!"
"It's over 30%!"
"Ok!"
"Isn't the boss heartbroken? Another billion gone!"
"Let it be!" Su Yang casually glanced at the news. After Alibaba Group announced the sale of Gaoxing Retail, many media outlets were saying that Alibaba had suffered a huge loss, roughly three or four hundred billion!
As for Jufan Holdings, it has also been discovered by many media outlets.
After all, this involves an acquisition worth tens of billions of yuan, and Jufan Holdings can't keep it a secret. However, Jufan Holdings is not the main player.
Alibaba Group is far more famous than Jufan Holdings. Back then, their boss, Jack Ma, was incredibly popular, and the media didn't even mention Su Yang's name...
This suited Su Yang's wishes perfectly. He would be uncomfortable if his every move was scrutinized by the national media!
Of course, PR firms are also actively working on his behalf behind the scenes!
Su Yang also received many calls from friends who were very surprised by Jufan Holdings' "high-priced" acquisition of Gaoxing Retail!
Song Mingliang, general manager of RomiBio, even called Su Yang personally to ask whether Jufan Holdings' acquisition of Gaoxing Retail would affect the acquisition of RomiBio.
Su Yang naturally told him to put his mind at ease!
By evening, Su Yang had also received a report from Xinghuo Entertainment that "Ne Zha 2" was scheduled to be released at the end of January, and Xinghuo Media had also received publicity business from Enlight Media!
In addition, Luo Junqing and Pei Jiaqi also mentioned to Su Yang that the "Jintai Technology Innovation Preferred Hybrid C" program would be open soon after its three-month closed period ended in a few days!
Last year, the Jintai Technology Innovation Preferred Hybrid Fund achieved a return of 109.3%, making it the top-performing mutual fund with an absolute advantage, leaving the second-place mutual fund by more than 30 percentage points!
With the help of Xinghuo Media, this matter has already spread online!
It involves publishing the rankings of last year's public fund returns on various platforms. Anyone who likes to buy funds or wealth management products enjoys looking at these rankings!
On the contrary, Yuanshi Private Equity kept a low profile and did not boast about the returns of Yuanshi Wealth No. 1 this year.
Su Yang plans to stop disclosing the fund's returns to third-party websites starting in January.
In other words, starting this year, Yuanshi Wealth No. 1 private equity fund will no longer participate in the performance rankings of third-party websites!
This was also at Su Yang's behest. As the fund's size increases, it will be very difficult to achieve an annual return of over 900% in the future, but the performance will definitely be very good!
The bigger the tree, the more the wind will blow against it. Su Yang thought it was better to keep a low profile.
Yuanshi Private Equity's reputation is already good enough.
Xinghuo Media has also made preparations to get Pei Jiaqi trending on social media!
Pei Jiaqi has many potential selling points. In addition to being the top-performing public fund manager last year, she is also the youngest, the most beautiful, has a model's figure, cosplay, the sharpest spearhead in the technology fund industry, and the label of being a woman!
There are many stories to tell about her!
On the 3rd, Su Yang spent another day with Natalia before returning to Rongcheng.
She's been quite busy with work lately.
He was busy with work during the day, so he could only spend time with Su Yang at night.
The matter in Hangzhou is over. After paying the deposit, we just need to wait for official approval!
Only then will Jufan Holdings pay the second installment of acquisition funds, and only then will the company be considered to have been taken over by him.
However, he wasn't too worried about the approval process, as the M&A department and consulting firm would actively work on it.
Back in Fuzhou, Pei Jiaqi and Jintai Fund Management Co., Ltd. immediately became trending topics on several platforms!
"Jintai Fund Manager Pei Jiaqi won the top spot in public fund returns last year!"
"..."
Others, and even more sensational headlines:
"Successfully bought at the bottom, achieving the top performance in public funds within three months—the youngest, most beautiful, and most talented fund manager in history!"
"A miracle has been born! A dark horse in the mutual fund industry, the youngest mutual fund genius in history!"
"Jintai Mutual Fund's bet has succeeded—a deputy general manager of a mutual fund company who is not even 26 years old!"
"..."
(End of this chapter)
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