Reborn Entrepreneurial Giant.
Chapter 536 The Trouble of Two People
Chapter 536 The trouble between two people
After coming out of the rocket launch base, Qu Li paid a sponsorship of nearly [-] million yuan. If they want to launch rockets here in the future, this should not be something they can agree to, right?
Returning to Beijing Economic Development Zone, I exchanged experiences with Liu Baiqi and others about their visit.
What kind of experience is that, of course, it’s just bragging.Not only do I work at Galaxy Power, but I also work at companies such as Honor, Guge, and Qiancheng. I envy them to death.
With their envy, Qu Li flew to Yangcheng, and the same scene happened again.
The day of the rocket launch happens to be 6*18. It doesn’t matter whether you win Taobao or not. On the same day, the United States passed a certain bill to apologize to the Chinese for a certain bill in the last century. This is more or less a symbol.
Ali's B2B business was officially delisted from the Hong Kong stock market this month. The battle with Yahoo seems to be coming to an end. Yahoo's female CEO Carol Bartz was fired, and Ma Yun finally retained his control of Ali.
Although these things are important, they have little to do with him. Chen Danlin in Xiangjiang and Zhang Yiwen each caused a storm in Shanghai, which has not stopped for a long time.
Qu Li can't ignore it. The affairs of SMIC in the magical capital have actually been concluded. The internal problems have been sorted out, and the rest needs to be handled by CEO Yang Shining himself.But external troubles are not easy to calm down. Various voices appeared on the Internet, accusing Zhang Yiwen of being a "barbarian at the door" and that semiconductors are not financial...
But what about the other side?Zhang Yiwen is a well-known "financial female voice" in China. Xiangjiang Investment successfully acquired Honor shares, and the current value increase is very amazing; but Zhang Yiwen has led the wealth fund, a small public equity fund, from private equity to public equity, from A shares to US stocks, to become one of the top ten domestic public equity funds. One of the funds, Wealth Fund has assets under management in China exceeding 1000 billion.
For such a "legendary" woman, is she really messing around at SMIC?It's a pity that many people criticize her and don't think she is doing good things.Fortunately, the dismissed employees signed confidentiality agreements and were not allowed to speak nonsense.
"Let them scold me all they want, I have indeed been high-profile during this period." Zhang Yiwen didn't care. People who work in finance have their own set of moral standards and cognitive models of the world.In order not to "break away" from the masses, we should be cautious in our words and deeds.There are exceptions. Some well-known venture capital investors need fame to fool people, so they often become "leave fathers".
"Let someone else come forward next time." Qu Li said, SMIC is a special company and is not suitable for arranging crooked nuts. Otherwise, there are so many foreign employees at Xiangjiang Fortune, and many of them are famous in the domestic capital market. There is really no need to be too embarrassed. High profile.
"I'm afraid not."
"why?"
"We are acquiring China United Insurance." Zhang Yiwen
"Let the CEO come forward, you..."
"But they are all opposed to it."
"..." Qu Li was also wondering if he was going too far. The level of United Insurance is high enough, and its business includes property insurance and agriculture. It can do life insurance. There are basically no restricted areas. With these qualifications, it is worth paying for it. Xiangjiang Fortune If it is not "state-owned", it may not be qualified. There is nothing to worry about strategically losing money. If there is a market, everything will be there.
"What's wrong, you hesitated too?"
"I mainly think that Internet finance will be opened up in China, and United Insurance will have its time and glory. As long as the internal governance is excellent and the team's professional ability passes the test, there will basically be no problem..." Qu Li once again insisted on his opinion. In the past, insurance companies Bank channels are needed, and now network channels are needed. He can also let United Insurance cooperate with Qiancheng, BYD, etc., and the auto insurance business will not be too bad.
"I think so too, so..."
"But if you control the fund and insurance business alone, can they serve you?" The connection between Qu Li and Xiangjiang Wealth is not close, and not many can contribute.
"Don't worry, I'm going to suffer a loss, so I'll ask you to come forward."
"When that day comes, there is a high probability that Chen Danlin will represent Tianming Fund..."
"Humph, this time my approach at SMIC was recognized. The superiors approved us to invest in China United Insurance. The general plan is to acquire the debt from Oriental Assets, reduce the debt ratio through debt-for-equity swaps, and invest some cash..." Zhang Yiwen is full of confidence: "If it doesn't work out, we will acquire the shares of Centennial Life from Oriental Assets..."
"This time it is expected to invest 100 billion, accounting for about 55% of the shares."
"Do you have so much cash?" Qu Li knew that the fund company's money belonged to the clients. The scale was 1000 billion, the management fee was 2%, and the profit was 20 billion a year. 100 billion didn't seem difficult.
"Xiangjiang Wealth's debt is a bit high, but its profitability is strong, and we still have a bank."
"Don't do anything illegal, try not to borrow from your own bank, and risk control must be strict." Qu Li knew without thinking that as long as internal compliance is relaxed slightly, risks will increase exponentially. Minsheng Bank is too big for internal related-party transactions. More, later...
"You are the only one who has many things to do." Zhang Yiwen was angry.
Xiangjiang Wealth has a large scale, but its profitability is not good. The traditional investment banking business cannot earn much handling fees due to the low commission model. It cooperates with CICC, China Merchants, etc. in stock underwriting, making little profit, and it only has a sense of presence.At present, it is mainly equity investment, wealth management, etc., and the bank has not achieved profitability.
After chatting with Zhang Yiwen, he went to call several senior executives of Xiangjiang Fortune and asked them about their thoughts on the acquisition of China United Insurance. Qu Li’s meaning was obvious: the “China” brand is very valuable, and the Internet channel is very suitable for selling life insurance. , and the wealth management corresponding to property and casualty insurance is already their advantage, why do you object?
The other person on the phone could only complain secretly about how powerful the pillow was. Qu Li, the major shareholder, was now well-known and no one would openly oppose him when he considered the situation.
After handling the matter of Xiangjiang Fortune, Qu Li paid attention to Chen Danlin's troubles. There was not much resistance to her acquisition of Yinghe Real Estate. The key was to trigger discussions among netizens in both places, and there were endless criticisms.
The outside world does not know the relationship between Qu Li and Chen Danlin, and it is generally believed that even if the two are not married, they cannot be ordinary friends.Chen Danlin's matter is most likely Qu Li's matter. For an entrepreneur in the high-tech industry to engage in real estate, is rent collection the end of the universe?
Investors in Hong Kong are paying more attention to Yinghe Telecom. How much courage do they have to dare to imitate Buffett? Even the Hong Kong Stock Exchange issued a document asking, why invest heavily in US stocks?Then analyze Yinghe's stock portfolio: they are all hot chickens.
"Look, you've caused so much trouble for me and you don't even have time to go to Fenghua International." Chen Danlin complained directly to him.
"You have to face these things head on." Qu Li didn't have many apologetic thoughts. There is a hatred of rich people all over the world. After this round, if she keeps a low profile in the future, no one will bother her.
"Then what do you think we should do now? It's been so long and the media still hasn't let me go."
"Some things can only be accepted. Don't think about going the wrong way. It's not worth it." Of course Qu Li has a way: creating new hot spots and advertising, but they didn't break the law, so why should they "surrender"
People are shameless and invincible. If Qu Li and Chen Danlin don't respond, things will eventually pass.
After coming out of the rocket launch base, Qu Li paid a sponsorship of nearly [-] million yuan. If they want to launch rockets here in the future, this should not be something they can agree to, right?
Returning to Beijing Economic Development Zone, I exchanged experiences with Liu Baiqi and others about their visit.
What kind of experience is that, of course, it’s just bragging.Not only do I work at Galaxy Power, but I also work at companies such as Honor, Guge, and Qiancheng. I envy them to death.
With their envy, Qu Li flew to Yangcheng, and the same scene happened again.
The day of the rocket launch happens to be 6*18. It doesn’t matter whether you win Taobao or not. On the same day, the United States passed a certain bill to apologize to the Chinese for a certain bill in the last century. This is more or less a symbol.
Ali's B2B business was officially delisted from the Hong Kong stock market this month. The battle with Yahoo seems to be coming to an end. Yahoo's female CEO Carol Bartz was fired, and Ma Yun finally retained his control of Ali.
Although these things are important, they have little to do with him. Chen Danlin in Xiangjiang and Zhang Yiwen each caused a storm in Shanghai, which has not stopped for a long time.
Qu Li can't ignore it. The affairs of SMIC in the magical capital have actually been concluded. The internal problems have been sorted out, and the rest needs to be handled by CEO Yang Shining himself.But external troubles are not easy to calm down. Various voices appeared on the Internet, accusing Zhang Yiwen of being a "barbarian at the door" and that semiconductors are not financial...
But what about the other side?Zhang Yiwen is a well-known "financial female voice" in China. Xiangjiang Investment successfully acquired Honor shares, and the current value increase is very amazing; but Zhang Yiwen has led the wealth fund, a small public equity fund, from private equity to public equity, from A shares to US stocks, to become one of the top ten domestic public equity funds. One of the funds, Wealth Fund has assets under management in China exceeding 1000 billion.
For such a "legendary" woman, is she really messing around at SMIC?It's a pity that many people criticize her and don't think she is doing good things.Fortunately, the dismissed employees signed confidentiality agreements and were not allowed to speak nonsense.
"Let them scold me all they want, I have indeed been high-profile during this period." Zhang Yiwen didn't care. People who work in finance have their own set of moral standards and cognitive models of the world.In order not to "break away" from the masses, we should be cautious in our words and deeds.There are exceptions. Some well-known venture capital investors need fame to fool people, so they often become "leave fathers".
"Let someone else come forward next time." Qu Li said, SMIC is a special company and is not suitable for arranging crooked nuts. Otherwise, there are so many foreign employees at Xiangjiang Fortune, and many of them are famous in the domestic capital market. There is really no need to be too embarrassed. High profile.
"I'm afraid not."
"why?"
"We are acquiring China United Insurance." Zhang Yiwen
"Let the CEO come forward, you..."
"But they are all opposed to it."
"..." Qu Li was also wondering if he was going too far. The level of United Insurance is high enough, and its business includes property insurance and agriculture. It can do life insurance. There are basically no restricted areas. With these qualifications, it is worth paying for it. Xiangjiang Fortune If it is not "state-owned", it may not be qualified. There is nothing to worry about strategically losing money. If there is a market, everything will be there.
"What's wrong, you hesitated too?"
"I mainly think that Internet finance will be opened up in China, and United Insurance will have its time and glory. As long as the internal governance is excellent and the team's professional ability passes the test, there will basically be no problem..." Qu Li once again insisted on his opinion. In the past, insurance companies Bank channels are needed, and now network channels are needed. He can also let United Insurance cooperate with Qiancheng, BYD, etc., and the auto insurance business will not be too bad.
"I think so too, so..."
"But if you control the fund and insurance business alone, can they serve you?" The connection between Qu Li and Xiangjiang Wealth is not close, and not many can contribute.
"Don't worry, I'm going to suffer a loss, so I'll ask you to come forward."
"When that day comes, there is a high probability that Chen Danlin will represent Tianming Fund..."
"Humph, this time my approach at SMIC was recognized. The superiors approved us to invest in China United Insurance. The general plan is to acquire the debt from Oriental Assets, reduce the debt ratio through debt-for-equity swaps, and invest some cash..." Zhang Yiwen is full of confidence: "If it doesn't work out, we will acquire the shares of Centennial Life from Oriental Assets..."
"This time it is expected to invest 100 billion, accounting for about 55% of the shares."
"Do you have so much cash?" Qu Li knew that the fund company's money belonged to the clients. The scale was 1000 billion, the management fee was 2%, and the profit was 20 billion a year. 100 billion didn't seem difficult.
"Xiangjiang Wealth's debt is a bit high, but its profitability is strong, and we still have a bank."
"Don't do anything illegal, try not to borrow from your own bank, and risk control must be strict." Qu Li knew without thinking that as long as internal compliance is relaxed slightly, risks will increase exponentially. Minsheng Bank is too big for internal related-party transactions. More, later...
"You are the only one who has many things to do." Zhang Yiwen was angry.
Xiangjiang Wealth has a large scale, but its profitability is not good. The traditional investment banking business cannot earn much handling fees due to the low commission model. It cooperates with CICC, China Merchants, etc. in stock underwriting, making little profit, and it only has a sense of presence.At present, it is mainly equity investment, wealth management, etc., and the bank has not achieved profitability.
After chatting with Zhang Yiwen, he went to call several senior executives of Xiangjiang Fortune and asked them about their thoughts on the acquisition of China United Insurance. Qu Li’s meaning was obvious: the “China” brand is very valuable, and the Internet channel is very suitable for selling life insurance. , and the wealth management corresponding to property and casualty insurance is already their advantage, why do you object?
The other person on the phone could only complain secretly about how powerful the pillow was. Qu Li, the major shareholder, was now well-known and no one would openly oppose him when he considered the situation.
After handling the matter of Xiangjiang Fortune, Qu Li paid attention to Chen Danlin's troubles. There was not much resistance to her acquisition of Yinghe Real Estate. The key was to trigger discussions among netizens in both places, and there were endless criticisms.
The outside world does not know the relationship between Qu Li and Chen Danlin, and it is generally believed that even if the two are not married, they cannot be ordinary friends.Chen Danlin's matter is most likely Qu Li's matter. For an entrepreneur in the high-tech industry to engage in real estate, is rent collection the end of the universe?
Investors in Hong Kong are paying more attention to Yinghe Telecom. How much courage do they have to dare to imitate Buffett? Even the Hong Kong Stock Exchange issued a document asking, why invest heavily in US stocks?Then analyze Yinghe's stock portfolio: they are all hot chickens.
"Look, you've caused so much trouble for me and you don't even have time to go to Fenghua International." Chen Danlin complained directly to him.
"You have to face these things head on." Qu Li didn't have many apologetic thoughts. There is a hatred of rich people all over the world. After this round, if she keeps a low profile in the future, no one will bother her.
"Then what do you think we should do now? It's been so long and the media still hasn't let me go."
"Some things can only be accepted. Don't think about going the wrong way. It's not worth it." Of course Qu Li has a way: creating new hot spots and advertising, but they didn't break the law, so why should they "surrender"
People are shameless and invincible. If Qu Li and Chen Danlin don't respond, things will eventually pass.
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