It took three to five minutes for Yao Yuan to finish introducing the relevant situation.

Next, he discussed with everyone the current situation of the international financial market and the trend of the subprime mortgage crisis.

In the blink of an eye, it was already half past nine in the morning.

The agreed meeting time has arrived.

Yao Yuan immediately stopped talking and got down to the topic.

"Dear professors, the reason why I convened this meeting today is to discuss with you the establishment of a financial research institute jointly by five universities in Mainland China and Hong Kong."

"As early as late August or early September, I mentioned this matter to the three presidents of Peking University, Renmin University of China, and University of Finance and Economics. All three universities were very interested!"

"Some time ago in Hong Kong Island, I discussed this matter with the principals of Hong Kong Island and Hong Kong Chinese and introduced the relevant situation."

"The councils of these two top universities in Hong Kong carefully studied my proposal and decided to accept it and participate in the establishment of this financial research institute!"

Following his introduction, everyone at the scene nodded frequently.

In particular, the presidents of the three universities were very interested.

For them, the joint establishment of a financial research institute by the five schools has all the benefits and no harm.

The establishment of this financial research institute does not cost them a penny, but it can obtain a lot of research funds and improve their research capabilities in the economic and financial fields.

It can also significantly increase the school’s influence, so why not?

The principals did not speak, but listened with interest.

After a pause, Yao Yuan continued:

"The proposal I made, that five top universities in Mainland China and Hong Kong jointly establish a financial research institute, has been recognized by the leaders of the State Council!"

"As long as the five universities reach an agreement, they can register with educational institutions in Mainland China and Hong Kong."

"But this financial research institute is not a university college, it is just a financial research institution and is not affiliated with Jiuye Investment Company!"

"Jiuye Investment and the Financial Research Institute are in a cooperative relationship, not a subordinate relationship. They will provide corresponding research funds based on specific research results."

"My initial plan is to provide HK$300 million in research funding every year to support the work of the Institute of Financial Studies and actively promote academic exchanges between the five universities in mainland China and Hong Kong."

"And a research center will be set up in Beijing and Hong Kong Island respectively. All office space and office equipment will be taken care of by Jiuye Investment Company,..."

Upon hearing this, everyone immediately looked at each other with excitement in their eyes.

The next moment, President Guo of the National People’s Congress said with emotion:

"These conditions are so good, who is willing to refuse? Our National People's Congress supports the establishment of this financial research institute!"

Immediately afterwards, Principal Wang of Finance University nodded and said:

"This proposal was proposed by Yao Yuan, and we at the University of Finance and Economics have no reason not to support it."

“Needless to say, for the University of Finance and Economics, this is a very rare good thing that enhances the University of Finance and Economics’ influence and status!”

Not only them, but Principal Zhang of Peking University also nodded.

Professor Ouyang and Professor Liu, who were sitting next to Yao Yuan, quickly exchanged glances with smiles in their eyes!

What makes them happy is not Yao Yuan's plan to jointly establish a financial research institute among five schools. They already know about this plan!

Although Yao Yuan proposed the plan, his approach of only providing capital and not seeking control of the finance school was what really made the two professors happy.

Through this incident, they saw it very clearly.

Yao Yuan always keeps a clear mind and understands what can and cannot be touched!

How can such a high-standard financial research institute, whose researchers are among the country's top economic and financial experts, be handed over to private control?

In addition, its huge influence and voice in the domestic financial system are very sensitive!

But how did the two professors know?

One of the reasons that really made Yao Yuan willing to give up control of the Institute of Finance was the short-lived Lakeside University in his previous life!

With the lessons learned from Lakeside University, how could he make such a stupid mistake!

Not only that, he will not join any private chamber of commerce in the future, such as the Taix Association.

When one's wealth reaches his level, the most taboo thing is to form gangs.

Once you make this kind of mistake, you will be suppressed sooner or later.

As for official chambers of commerce, such as entrepreneurs associations, that is another matter!

Next, Yao Yuan quickly introduced the purpose and related circumstances of establishing the Financial Research Institute, as well as the progress of the matter.

It took him about ten minutes to finish introducing the situation, and then the conversation changed.

"Everyone, the President of the University of Hong Kong and the President of Hong Kong Chinese, as well as the deans of the School of Finance of these two universities, should be ready."

"Next, we will discuss with the president of the University of Hong Kong through a video and telephone conference the matter of the five universities jointly establishing a financial research institute!"

Just as he said these words, Principal Wang's secretary had established a connection.

As the video and telephone conference was connected, the two presidents of the University of Hong Kong and the Chinese University of Hong Kong, as well as the two deans of the School of Finance, appeared on the large projection screen at the same time.

Seeing them, Yao Yuan smiled and said hello immediately.

"Good morning, Principal Xu and Principal Liu, nice to see you again,..."

With his actions, this video conference call officially kicked off.

In the blink of an eye, it was already twelve o'clock at noon.

After the meeting, Yao Yuan came out of the office building with Principal Wang and others, preparing to have lunch.

As soon as he went out, a dozen media reporters who were guarding outside the building immediately swarmed over.

These media reporters all came for Yao Yuan, so the target was naturally him.

Unfortunately, they were all stopped by the well-prepared security personnel and could only stand outside the cordon and ask questions.

"Hello, Mr. Yao Yuan, I am a reporter from "Financial Weekly"

"On the prediction list of the domestic rich list that was just released last night, you topped the domestic rich list."

"According to relevant estimates, your personal wealth has exceeded 200 billion yuan. How do you evaluate this matter?"

A beautiful reporter asked loudly.

Immediately afterwards, another male reporter asked:

"Hello, Mr. Yao, I am a reporter from the Securities Times"

"What do you think of the current extremely hot stock market? Do you think the stock market will continue to rise like this?"

"According to market rumors, you have already withdrawn from the A-share market. Is this news accurate?"

Yao Yuan looked at these media reporters and shrugged helplessly.

"I have to say, you guys are really well-informed. As soon as I came to school, you received the news and came over."

"Since everyone is here, I can answer a few questions to save everyone's trip in vain."

"The first question is about the so-called rich list. I am very honored to be on the list. I don't even dare to hope for the top spot. There are many rich people who are richer than me!"

"Then there is the issue of the stock market. My attitude remains unchanged. I will never publicly predict the trend of the stock market or the trend of individual stocks, so as not to mislead investors."

"Another point is that since I have focused my investment on the international financial market and I am also on Hong Kong Island, I cannot take care of the mainland stock market at the same time!"

"For this reason, I have indeed taken a big step away from A-shares, and it has not brought any impact to the market. This is the best result..."

When he answered reporters' questions, Principal Wang and Principal Zhang were all admiring him.

The fact that Yao Yuan's personal net worth exceeds 2000 billion yuan shocked each of them!

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