Reborn 80s
Chapter 1024
Victoria Bay is calm with slight waves, and ships pass by, telling the story of the prosperity of this harbor city.
The wind of the global financial crisis has naturally hit Hong Kong. As one of the global financial centers, Hong Kong is inevitably affected.
Chen Huaiqing stood in front of the window, which was covered with sunscreen film. He was exposed to direct sunlight, but he did not feel the burning sensation of the sun.
Meta invested such a large amount of money and needed to find a way out.
There are still many investment opportunities, but it is no longer like in the past few years, when opportunities are everywhere and you can make money by investing money randomly.
Investing in education is undoubtedly the most direct and effective way for a country to enhance its national heritage.
However, the bulk of this investment still comes from finances and families.
Business investment in education?It's a business, and you invest in it to make money.
Education is sacred, and it never feels good to turn it into a business.
However, education is really about making money.
For example, private colleges and universities, whose listed financial reports make hundreds of millions every year.
In other words, if you invest in building a school, you can earn back your investment in a few years.
It takes a few years to earn it back, and that's because the school is better built.
Many private colleges and universities were built with hundreds of millions of dollars in funding.
As for land, it is usually provided by the local area for free or with funds reduced or reduced.
Chen Huaiqing sat back on his chair and wrote the word "education" on the paper.
After thinking for a while, I wrote down "national core competitiveness" and "national heritage" on the paper again.
Then he wrote "technology" again and drew a circle on these two words.
Education and technology are closely linked.
To carry out scientific and technological research and development, we need talents trained through education.The more advanced science and technology becomes, the more competitive the entire country becomes.
The true heritage of the country is its strong education.
A strong education means a strong country!
As for training so many college students, it is impossible to provide enough jobs for college students?
There is no problem with this.
When all walks of life in society are college students, to what extent will the technology of the entire society develop?
Last year, the college entrance examination admission rate reached 57%, which means that more than half of them can enter colleges and universities.
Undergraduates, universities, colleges, and junior colleges as well.
Invest in building colleges and universities?
Chen Huaiqing hasn't thought about this yet, but investing in technology is necessary.
Technology is also money.
Most research results cannot be directly converted into money.
For example, some technologies are too advanced and will not be marketed at all.
But aren’t these technologies valuable?
of course not.
priceless!
The United States is the world's largest debtor country, and its debt will continue to rise in the future.
But why isn't everyone worried?
In addition to its own strength, there is another very important reason, and that is technology.
If some technologies were put up for sale, I wouldn’t believe how much they would cost.
More than ten years ago, when the former alliance disintegrated, we collected a lot of unique technologies and information. Although we paid a large sum of money, the amount paid was probably less than one thousandth of the real value of these technologies. .
Picking up leaks means picking up big leaks.
Investing in the technology field is a very promising thing.
Not every technology can be measured in terms of money, but it is obvious that every technology is valuable.
Many companies have grown into large enterprises by relying on a unique skill.
In the past, Meta Investment has also invested in domestic technology innovation companies.
It has also supported many outstanding technological innovation companies, dozens of which have gone public, bringing extremely generous investment returns to Meta Investment.Chen Huaiqing suddenly remembered something and pressed a button on the landline phone. This was the intercom function.
You can directly contact the landline phone above the secretary's desk.
At that position, Liu Manzi is usually there, and even if he is not there, there are others on duty.
Anyway, as long as Chen Huaiqing is in the office, there will definitely be someone there, waiting for Chen Huaiqing's instructions at any time.
"Secretary Liu, come in."
Liu Manzi is sorting out documents, and she needs to go through them first.
The documents have been sorted by other people in the secretary's office.
If it is an urgent document, Liu Manzi will send it directly to Chen Huaiqing's desk for priority processing.
If Chen Huaiqing is not in the office, call him or bring the documents to Chen Huaiqing.
Of course, there are relatively few people who can't delay even one minute.
Chen Huaiqing is not considered diligent, but he can still handle things that should be handled by himself.
Many matters can be handled directly by the joint committee and then handed over to the Secretariat for approval and sealing, without having to go to Chen Huaiqing.
The number of people in the joint meeting, usually seven, was modeled after the Ming Dynasty cabinet and was responsible for handling daily affairs.
Chen Huaiqing didn't want to put his energy into all kinds of trivial matters.
"boss!"
Chen Huaiqing: "How much money does Fund No. 9 have now?"
Fund No. 9 is a very special investment in Meta. This fund has already existed and has never raised funds or distributed dividends.
Management fees are also the lowest.
You know, the handling fees and management fees for funds managed by Meta Investment are quite expensive.
It is several times more expensive than other fund companies.
For example, the subscription fee of other fund companies is only 1%, and they even discount the subscription fee to a few tenths of a percent.
But Meta investment has never been discounted, and the subscription fee is as low as 3% and as high as 15%.
Meta Investment has already made money without doing anything.
The other thing is the management fee.
The fund management fees of Meta Investment are also quite expensive. It is a fixed management fee + floating management fee model.
Fixed management fees are charged regardless of whether you make money or not.
The floating management fee is a certain percentage of the profit.
Meta investment fees are so expensive. Logically speaking, no one will buy her funds.
But in fact, Meta Investment, whether public funds or private equity funds, sells quite well.
Meta Investment has not issued a new fund for several years now, whether public or private.
The main reason is that the assets managed by Meta Investment are too high now.
The larger the funds, the more difficult it is to manage, and it is difficult to obtain a high rate of return.
It is easy to turn 100 million into 1000 million, but it is hopelessly difficult to turn 100 billion into 1000 billion.
Even many big names in the business world cannot make a breakthrough in their lifetime.
Hom!
There are many obstacles in the world that are difficult to overcome. They are just there. They may seem easy to overcome, but they just cannot be overcome.
Fund No. 9 is money from a pension fund company and has participated in numerous financial events in the past decade or so.
"$1 trillion."
Chen Huaiqing nodded slightly, indicating that he knew.
With the subprime mortgage crisis and major changes in the oil market, it is normal for Fund 9 to reach this scale. (End of chapter)
The wind of the global financial crisis has naturally hit Hong Kong. As one of the global financial centers, Hong Kong is inevitably affected.
Chen Huaiqing stood in front of the window, which was covered with sunscreen film. He was exposed to direct sunlight, but he did not feel the burning sensation of the sun.
Meta invested such a large amount of money and needed to find a way out.
There are still many investment opportunities, but it is no longer like in the past few years, when opportunities are everywhere and you can make money by investing money randomly.
Investing in education is undoubtedly the most direct and effective way for a country to enhance its national heritage.
However, the bulk of this investment still comes from finances and families.
Business investment in education?It's a business, and you invest in it to make money.
Education is sacred, and it never feels good to turn it into a business.
However, education is really about making money.
For example, private colleges and universities, whose listed financial reports make hundreds of millions every year.
In other words, if you invest in building a school, you can earn back your investment in a few years.
It takes a few years to earn it back, and that's because the school is better built.
Many private colleges and universities were built with hundreds of millions of dollars in funding.
As for land, it is usually provided by the local area for free or with funds reduced or reduced.
Chen Huaiqing sat back on his chair and wrote the word "education" on the paper.
After thinking for a while, I wrote down "national core competitiveness" and "national heritage" on the paper again.
Then he wrote "technology" again and drew a circle on these two words.
Education and technology are closely linked.
To carry out scientific and technological research and development, we need talents trained through education.The more advanced science and technology becomes, the more competitive the entire country becomes.
The true heritage of the country is its strong education.
A strong education means a strong country!
As for training so many college students, it is impossible to provide enough jobs for college students?
There is no problem with this.
When all walks of life in society are college students, to what extent will the technology of the entire society develop?
Last year, the college entrance examination admission rate reached 57%, which means that more than half of them can enter colleges and universities.
Undergraduates, universities, colleges, and junior colleges as well.
Invest in building colleges and universities?
Chen Huaiqing hasn't thought about this yet, but investing in technology is necessary.
Technology is also money.
Most research results cannot be directly converted into money.
For example, some technologies are too advanced and will not be marketed at all.
But aren’t these technologies valuable?
of course not.
priceless!
The United States is the world's largest debtor country, and its debt will continue to rise in the future.
But why isn't everyone worried?
In addition to its own strength, there is another very important reason, and that is technology.
If some technologies were put up for sale, I wouldn’t believe how much they would cost.
More than ten years ago, when the former alliance disintegrated, we collected a lot of unique technologies and information. Although we paid a large sum of money, the amount paid was probably less than one thousandth of the real value of these technologies. .
Picking up leaks means picking up big leaks.
Investing in the technology field is a very promising thing.
Not every technology can be measured in terms of money, but it is obvious that every technology is valuable.
Many companies have grown into large enterprises by relying on a unique skill.
In the past, Meta Investment has also invested in domestic technology innovation companies.
It has also supported many outstanding technological innovation companies, dozens of which have gone public, bringing extremely generous investment returns to Meta Investment.Chen Huaiqing suddenly remembered something and pressed a button on the landline phone. This was the intercom function.
You can directly contact the landline phone above the secretary's desk.
At that position, Liu Manzi is usually there, and even if he is not there, there are others on duty.
Anyway, as long as Chen Huaiqing is in the office, there will definitely be someone there, waiting for Chen Huaiqing's instructions at any time.
"Secretary Liu, come in."
Liu Manzi is sorting out documents, and she needs to go through them first.
The documents have been sorted by other people in the secretary's office.
If it is an urgent document, Liu Manzi will send it directly to Chen Huaiqing's desk for priority processing.
If Chen Huaiqing is not in the office, call him or bring the documents to Chen Huaiqing.
Of course, there are relatively few people who can't delay even one minute.
Chen Huaiqing is not considered diligent, but he can still handle things that should be handled by himself.
Many matters can be handled directly by the joint committee and then handed over to the Secretariat for approval and sealing, without having to go to Chen Huaiqing.
The number of people in the joint meeting, usually seven, was modeled after the Ming Dynasty cabinet and was responsible for handling daily affairs.
Chen Huaiqing didn't want to put his energy into all kinds of trivial matters.
"boss!"
Chen Huaiqing: "How much money does Fund No. 9 have now?"
Fund No. 9 is a very special investment in Meta. This fund has already existed and has never raised funds or distributed dividends.
Management fees are also the lowest.
You know, the handling fees and management fees for funds managed by Meta Investment are quite expensive.
It is several times more expensive than other fund companies.
For example, the subscription fee of other fund companies is only 1%, and they even discount the subscription fee to a few tenths of a percent.
But Meta investment has never been discounted, and the subscription fee is as low as 3% and as high as 15%.
Meta Investment has already made money without doing anything.
The other thing is the management fee.
The fund management fees of Meta Investment are also quite expensive. It is a fixed management fee + floating management fee model.
Fixed management fees are charged regardless of whether you make money or not.
The floating management fee is a certain percentage of the profit.
Meta investment fees are so expensive. Logically speaking, no one will buy her funds.
But in fact, Meta Investment, whether public funds or private equity funds, sells quite well.
Meta Investment has not issued a new fund for several years now, whether public or private.
The main reason is that the assets managed by Meta Investment are too high now.
The larger the funds, the more difficult it is to manage, and it is difficult to obtain a high rate of return.
It is easy to turn 100 million into 1000 million, but it is hopelessly difficult to turn 100 billion into 1000 billion.
Even many big names in the business world cannot make a breakthrough in their lifetime.
Hom!
There are many obstacles in the world that are difficult to overcome. They are just there. They may seem easy to overcome, but they just cannot be overcome.
Fund No. 9 is money from a pension fund company and has participated in numerous financial events in the past decade or so.
"$1 trillion."
Chen Huaiqing nodded slightly, indicating that he knew.
With the subprime mortgage crisis and major changes in the oil market, it is normal for Fund 9 to reach this scale. (End of chapter)
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