Fight to the third generation

therefore.

Su Yehao's ambition can only be postponed temporarily, and he plans to wait until the city of thousands of chips is developed, and then consider moving a super high-rise building similar to the Burj Khalifa there.

There is only one single high-rise building at Kai Tak Cyberport, but Qianhai Future plans to build a group of high-rise buildings, which can provide shelter from the wind, and the cost of artificial building materials is much cheaper than that of Hong Kong City.

Papa Su's Universal International Group has invested in three cement factories in Pengcheng, and is also involved in other building materials industries, which is much more cost-effective than building high-rise buildings in Hong Kong City.

But correspondingly, the rent in Hong Kong city is not comparable to that in Pengcheng.

Counting the investment in Lujiazui and the projects of the father, there will be several more skyscrapers under the name of the family in the future.

Anyway, investing in office buildings in this era is not only relatively safe, but also expected to yield very good returns, so Su Yehao doesn't think too much, he invests [-]% to [-]% of his own capital, and borrows the remaining funds from the bank. The rent is enough to repay the interest and increase the value of real estate Part of it is pure profit...

Playing mahjong with friends, it was evening in a blink of an eye.

After Nangongtian came back, she found that they were playing, and immediately complained: "You didn't take me with you, Brother Hao, you have changed. You know that I like playing mahjong the most."

Su Yehao got up and said with a smile, "It's the same when I come back now. After dinner, I can accompany you to continue rubbing mascara. How do you feel after watching "Boys Over Flowers" today?"

"Don't mention it, I was almost beaten to death! My friends knew that the cut was not finished, and the rest would have to wait two or three months before they could watch it. They all complained and asked the director to hurry up and finish the cut. So it seems that it should be It's going to be great, and I think the story is fascinating too!"

After finishing speaking triumphantly, Xiao Nizi added: "Since you are all here, let me invite Jiang Yu to have dinner together. She should have just arrived home."

He Shaofan jokingly said: "Wow, Nangong, you are really considerate. How can I never meet a woman like you? No wonder Brother Hao has the word happiness written all over his face."

heard.

Su Yehao glared at him immediately, motioning to stop talking nonsense.

At this moment, Mr. Tang's voice came and asked, "Xiaohao, where are you? Why is the house so lively today? There are so many cars parked in the yard."

Su Yehao went to greet him, and said, "Grandpa, why are you here? We happened to have dinner together tonight. Some of my friends came to play today."

"Your friend? Forget it. My stomach feels uncomfortable these days. The doctor asked me to drink more porridge."

Mr. Tang waved his hand and signaled the driver to put two boxes, one big and one small, on the coffee table. When he opened them by himself, he said with a smile:

"Look at what I brought you here. Remember I mentioned it to me before, the God of Wealth version of Guan Gong. When I went to buy the handle, I mentioned it to the sculptor. He was really inspired. It was designed."

Su Yehao became interested: "I said it was inappropriate last time, why did you change your mind?"

His grandfather said decisively: "Second Master Guan, the God of Wealth, the master sculptor said that there is no taboo, I think it makes sense..."

When the small jewelry box was opened, Su Yehao found a piece of imperial green lying inside, no worse than the one on his neck.

Guan Gong above has strong biceps, holding a gold ingot in his left hand, and the Qinglong Yanyue Knife in his right hand. He wears the hat of the God of Wealth on his head, with a kind face.

Speaking of emerald, people in Hong Kong City like this material the most, and it is also the easiest to sell at a high price.

As a result, once a good jadeite is produced, it is almost always sent to Hong Kong City first.

There is also an ornament, more than 20 centimeters high, in the image of Guan Gong holding an ingot in his hand, with no clothes on his upper body, lifelike muscle lines, and a three-legged golden toad with a coin in its mouth on his feet.

Although the material is not as good as the imperial green, it is only slightly worse. The color is very green and transparent.

Mr. Tang's tone was calm, he sat down to rest, and asked casually:

"I haven't paid the money yet, so I took it back first. If you like it, you can keep it and play with it yourself. You don't need to take it as a sacrifice. Feng Shui is pretty good now, but after changing it, it will easily destroy your fortune. The family has been smooth sailing for the past few years. Wealth is prosperous, but I asked my husband to do the math for you on the third day of the Lunar New Year, saying that you will be unlucky this year."

Su Yehao replied: "Leave it. It looks very pleasing. It's the first time I've seen Guan Erye who is smiling. How much does the two pieces add up to? I don't know if they will be robbed or not. Anyway, anyone with a discerning eye can see it." There has already been a problem with the Internet market, and this should be what people pointed out, grandpa, don’t waste money on me to eliminate disasters.”

I still remember Huang Daxian in the casino city, who was actually a high-achieving student who graduated from a finance major. No wonder he played around with a group of businessmen with a high accuracy rate.

Master Tang smiled and continued:

"It's better to believe it than to believe it. I asked for a talisman for you, and you can take it and put it under your pillow later. These two items total 130 million. The sculptor and I are old acquaintances, and the price is still high." It's kinder, it took a full month and a half to carve this ornament, I think the labor and materials are worth the price..."

Chapter 634 SSSSS

The next morning.

Last night he played mahjong until midnight, Su Yehao slept in and didn't get up until nearly 09:30.

When he went downstairs in gray pajamas, representatives of several mainland companies had already appeared at the front door of the villa.

Dozing off, Su Yehao showed up and greeted:

"I'm sorry, the sleep in spring is too good. Happy New Year, bosses. Please wait for a moment, let my secretary show you around. There is a meeting room in the small castle, and we will meet there later. .”

An executive from China Resources immediately waved his hand and said:

"It's okay, it's okay! Happy New Year to you, Mr. Su. We can't sleep in our old age, so we envy you young people who sleep well. Hahaha, Mr. Su, clean up first, and it's not too late to have breakfast before the meeting."

"Yes, yes, I have never seen such a beautiful house even when I was studying in the United States. The big garden is almost like a park. It's just a good time to take a walk in the sun. Forty-Nine City is too cold, and it was still snowing when we set off. "

It was a senior executive of CITIC Group who spoke. After looking around, he was amazed by the environment here.

The alpaca, which had just been sheared yesterday, came to the corner to look around at this moment. Only the head and tail were left on its body. It seemed that it had lost dozens of catties and looked a bit ugly.

Seeing guests at home, the security guard hurriedly drove the alpacas away.

After the courtesy, Su Yehao went upstairs to change his clothes.

Linda Yun was in charge of leading the way. She was familiar with all the places and acted as a tour guide for the dozen or so guests. After wandering around in the garden, she went to visit Su Yehao's collection in the small castle.

The spring auction of this year's auction has not yet started.

But the morning before yesterday, the art inspector sent two more oil paintings by Monet, namely "The Iron Bridge of Argenteuil" and "Haystacks".

In order to legally avoid the taxes cashed out last year, Su Yehao made a surprise purchase of works of art worth more than 1 million US dollars. These two Monet oil paintings are two of them. That oil painting is more expensive.

In terms of collection value, Monet's status is similar to that of Van Gogh. There is never a lack of market, and the value has increased year after year.

Nangong Tian rested this morning.

At this time, she had just finished running and was dripping with sweat. Panting heavily, she asked Su Yehao, "Who are those people coming from outside? I just saw them from the window and was shocked."

"I partnered with me to start a company. The representatives sent by China Resources, CITIC, Poly, and China Merchants have only negotiated to join hands to win shares in the Hong Kong Stock Exchange. There are still some details to discuss in terms of specific operations. The documents have been prepared. , Just discuss it, and many financial licenses still need their help.”

An old couple.

In front of Xiao Nizi, Su Yehao changed his shirt and trousers. He wanted to wear another tie, but he simply gave up.

The collar of the shirt has been touching the neck, and it must be uncomfortable to look down at the documents. Anyway, in my own home, wearing a shirt is formal enough.

He asked Nangongtian back, "How do you go for a run in the morning, don't you have to take a shower?"

"I can't help it. I ate too much last night. I'm worried about getting fat. It's all because the food at home is so good. It can be covered by raising meat in winter, but it will be over in spring. If the newspaper says that you are looking for a fat woman, how can I?" Isn't it embarrassing? You also know how bad the cameras of reporters are, they always take pictures of people so fat, and many celebrities are not bad, but they are also photographed as yellow-faced women in the end."

"..."

Su Yehao really wanted to say that it was only a few hundred catties, a little fleshy, and it wouldn't hurt to sleep in his arms.

However, based on the idea that more things are worse than less things, he finally just clenched his fists and said: "Come on, find good weather in a few days, and take you to Longji for a hike..."

The guests are all here, so we can't really go after breakfast.

After drinking a cup of yogurt in a hurry and moistening his mouth with the leftover bird's nest with rock sugar from last night, Su Yehao walked to the small castle to meet the representatives of the four major groups.

The joint investment of tens of billions and the joint establishment of an asset management company have been finalized, and the contracts have been signed. We just wait for all parties to remit the funds into the company's account.

When I decided to enter the Hong Kong Stock Exchange temporarily, everything was kept simple. In order to avoid delays, the process went quite quickly, and the green light was given all the way.

The five-party partnership established a company called "SSSSS Asset Management Co., Ltd."

At the beginning, my subordinates thought of several names with the prefix "中", but later found that they all crashed.

Some people also suggested calling it "Su's" and writing "Su" in English. Later, Su Yehao decided on "SSSSS", or "5S" for short. The key is that it is easy to remember.

Unexpectedly, as soon as this name came out, people from Poly praised that it had a long-term perspective, and it was directly used in English to facilitate the opening of the international market in the future, and then it was unanimously approved.

After meeting again.

First sit at the huge conference table on the second floor of the small castle, bask in the sun and chat for a while, and then talk about business.

Representatives from all parties made speeches, explaining their vision for the main business direction of this asset management company in the future. The content is nothing more than raising funds from the mainland, Hong Kong, Southeast Asia and other markets for management, and the main business is public funds, private funds, and trust business. Wait.

In addition, it also intends to use the company's own funds for venture capital and private equity investment projects, thereby achieving a virtuous circle.

Su Yehao spoke at this moment and told:

"I understand what everyone thinks. In fact, I also think the same way. It's just that the current international financial situation has changed. Internet companies in Silicon Valley are on the cusp of the wave. Once the tide recedes, they are likely to fall badly."

"The wave of dollar interest rate hikes is expected to end in the first half of this year. From my point of view, a large amount of capital is likely to flow into the mainland market. This will inevitably drive economic development and create a large number of jobs, markets, and opportunities."

"Investors have become rich, and our company can also gain a large number of users. When the time is right, I hope that everyone can help me propose that a small amount of funds raised in the Mainland be allowed to invest abroad through legal means. International capital is now very easy. Enjoying the dividends of mainland development, it is difficult for mainland investors to invest abroad."

"I have also considered the issue of illegal capital transfers. Using the form of QDII can completely avoid the risks that exist in it. In this way, when the capital is not fully open, we can let mainland investors have access to overseas capital markets through our company. Invest in order to achieve the goal of global allocation of the company's assets."

"The specific business method, I have written it in the draft in front of you in the form of a document. It may take some time before it is actually implemented, but it is indeed a new direction worth working hard for. It will allow us to SSSSSS... Hey, I think One more thing to say, right? It makes 5S asset management companies different from other peers, and thus attracts the attention of high-net-worth individuals.”

After Su Yehao finished speaking, the executive of China Resources finished thinking about it and told him, "Well...Mr. Su, you did say six S's."

"That's right, I also heard six."

Su Yehao was speechless, and smiled wryly: "This is not the point. The point is that in the next one or two years, there will be opportunities for high-tech companies to buy low-tech companies at any time. If a group of customers can enjoy the dividends of cutting-edge technological development through our company, yes Our 5S company is definitely an opportunity to stand out."

"President Su, I understand what you mean, but I don't know much about the so-called QDII fund, and we have strict foreign exchange controls. Is it feasible to operate?"

"I think it's very big, and it can be done as a pilot."

Su Yehao continued.

Funds that allow mainland investors to invest in overseas assets within the territory, this gimmick is undoubtedly quite attractive.

Around this topic, we discussed it again for a while, and soon decided to find an opportunity to ask first.

As for who will take the lead, everyone turned to Su Yehao, the major shareholder.

In SSSSS asset management company, he holds 40% of the shares.

There is no way, although Su Yehao is young, but now he has a lot of face. Last year, he donated a few cultural relics and made a splash in the Mainland.

In addition to the "money ability", the power of "face fruit" should not be underestimated.

As long as Su Yehao personally proposes, even if it doesn't work in the end, they feel that the higher-ups will definitely study and discuss it carefully, and finally give a comprehensive answer.

……

Chapter 635 The Cash Cow

In this 2000.

Going to the mainland can only engage in closed-end fund transactions, and open-end funds are still in the research and discussion stage, let alone QDII and QFII funds.

The so-called closed-end fund refers to the fact that the promoters of the fund first limit the total issuance amount of the fund when setting up the fund.

During the closed period, investors cannot redeem.

After expiration, it must also be traded through the stock exchange, and there are many restrictions.

Because investors don't understand enough, they even once speculated on funds as stocks, thinking that funds have price-earnings ratios like stocks, etc.

In this regard, we can only say that the asset management industry in the mainland has just started, and it is still not professional enough, and the market size is pitifully small.

This time, Su Yehao took advantage of the opportunity of the reform of the Hong Kong Stock Exchange to attract the cooperation of the four giants. It may be that he did not take the opportunity to enter the financial management industry, and then use his own advantages to expand his income and influence.

Trying to cultivate a "cash cow" by providing professional asset management solutions for domestic and foreign customers.

比方说他替别人管理1000亿人民币的资产，每年通过管理费能够收取1.5％到2.5％，毛利润也就是15亿至25亿。

In addition, there are subscription fees, subscription fees, redemption fees and other income. As long as the scale is large enough, this part of income should not be underestimated.

If one trillion yuan can be managed, the income may be increased tenfold accordingly. If the compound interest can be achieved and the earned funds are invested through channels, the profit will further increase.

Recently, Su Yehao has realized that he cannot make full use of all the information in his head by relying on his own investment alone.

For example, Gree, or Vanke, liquor stocks, etc., in fact, in the long run, the returns are very good, and the opportunity to buy the bottom of Nasdaq in the future should not be missed.

However, his strength is limited and he has no extra energy to continue investing.

under these circumstances.

Establishing an asset management company to raise funds for investment, and he earns money by taking a cut from it, is obviously the best solution. He has the opportunity to realize the information difference, and there is no risk in himself.

The reason why the four giants who cooperated with him were so forthright this time was that apart from being greedy for the shares of the Hong Kong Stock Exchange, they actually valued Su Yehao's ability and reputation.

To do business in the asset management industry, reputation is undoubtedly very important.

Nowadays, hundreds of millions of people in the mainland know that Su Yehao makes a lot of money. He has accumulated an astonishing amount of wealth in just two or three years, and his image is also very positive.

If he were to attract attention for SSSSS Asset Management Company, the effect would be far more than spending hundreds of millions on advertisements. After all, Su Yehao has proved that he is really good at making money.

Compared with investment managers who are not well-known, most of the clients also hope that the money will be managed by a rich man like Su Yehao. After the news is out, it will definitely rise...