Rebirth of the Capital Legend

"During the closed operation period of the fund, it is probably unrealistic for investors to forcibly redeem the fund shares they originally invested in." Su Yi said, "Unless the fund product they invested in has reached the mandatory stop loss and liquidation line stipulated when the fund was issued. However... As far as I know, several fund products under 'Tianhe Capital' should not have set up mandatory stop loss and liquidation lines."

Fang Wanqing responded: "Although it is not very realistic for investors to forcibly redeem fund shares, it is obvious that after the investors' disturbance, the reputation of Tianhe Capital has been completely ruined. It is estimated that no one will dare to invest in fund products under this institution in the future."

"I used to think that Mr. Gu from Tianhe Capital was a big shot in Hong Kong," said Ms. Li. "I never expected that he would fail in this investment project on the pound exchange rate."

"It's not just Boss Gu who got into trouble this time," Fang Wanqing said. "I heard that Mr. Godfrey's main hedge fund product, 'Huifeng Huanyu No. 1', also suffered heavy losses in this round of pound exchange rate investment. It seems that the loss was more than $30 billion."

"Lost so much money? This is too exaggerated!" Ms. Li said in surprise.

Su Yi responded: "During the Brexit referendum, several major hedge fund products under Huifeng Bank were heavily long on the pound exchange rate. Foreign exchange trading is inherently extremely risky. It is actually quite normal for the major hedge fund product of Huifeng Huanyu No. 1 to suffer such a loss."

"This loss should not be the capital of Huifeng Bank, right?" Ms. Li said, "Otherwise, even if Huifeng Bank is a big company, it will suffer a lot."

"Of course it's not its own capital." Su Yi said, "But several of its fund products have suffered huge losses, which will have a great impact on Huifeng Bank's performance in the past quarter and the development of subsequent asset management business."

"No wonder the share price of Huifeng Bank plummeted by 10% in the Hong Kong stock market today." Fang Wanqing said, "It seems that many funds in the market are indeed foresighted."

"Now that this round of investment is over, Mr. Su should return to the mainland, right?" Ms. Li paused and asked.

Su Yi responded, "When the company's affairs are almost done, it is indeed time to go back to Shanghai. Oh... By the way, our company's offshore business in Hong Kong needs to be expanded, and we are currently short of a lot of people. I don't have many friends in Hong Kong, and Ms. Li has a wide network of contacts. I wonder if you can introduce me to some available talents?"

"Offshore business?" Ms. Li asked, "Does your company want to increase investment in the international financial market in the future?"

Su Yi replied: "It's not just investment in the international financial market, it also includes equity investment in the international capital market."

"Are you planning to engage in global VC investment business?" Fang Wanqing asked in surprise.

Su Yi nodded slightly and replied, "About the same. In my opinion, the domestic VC business is still too limited. Moreover, many international equity investments and the laws and regulations of many countries do not seem to welcome Chinese capital. I want to find a business manager who understands capital operation and VC project investment to manage this business."

"You mean... you want to use the money earned from overseas financial markets directly for overseas capital investment?" Fang Wanqing said, "Aren't you going to use these billions of dollars in profits to increase the capital scale of domestic companies?"

Su Yi said: "The development of domestic companies is going smoothly at present, and we don't need so much money. Moreover, it is very troublesome to transfer large amounts of money in and out. Although Huayin International has given our company a special exchange seat, they still have to report large-scale capital inflows and outflows to the State Administration of Foreign Exchange, which will add a lot of trouble to us. So I plan to keep this part of the funds in the company's fund account in an offshore form. When needed, I can withdraw them at any time without entering the country."

"Talents who understand offshore capital operations and are proficient in VC investment business..." Fang Wanqing pondered for a while, and suddenly her eyes lit up, "I think of someone."

"Who do you remember?" Su Yi asked anxiously.

Fang Wanqing said: "The head of our department, Ms. Isabel, is in charge of VC investment business in the Asia-Pacific region within our company group. She also worked at Citibank before, in charge of foreign exchange business, which just meets your requirements.

Our boss graduated from Harvard Business School and previously led several VC investment projects.

Now they have all been successfully listed on NASDAQ.

Not only that, she is also an expert on Chinese and speaks fluent Chinese.

However, as a senior financial executive on Wall Street, I feel it would be quite difficult for her to leave Aberdeen Asset Management and join your Huayi Capital.

After all, it’s not easy to impress her.”

"Isabelle?" Su Yi repeated the name, thought for a moment, and said, "Okay, I'll go back and ask someone to check this person's information. If it matches, then... I hope Miss Fang can help me pass a message to this lady so that I can meet her in person."

"Okay, no problem." Fang Wanqing said generously.

"If you are unhappy working at Aberdeen Asset Management one day, you are welcome to come to our company at any time." Su Yi said with a smile, "I believe our company will give Miss Fang a better stage."

"Really?" Fang Wanqing smiled, but did not comment and did not agree immediately.

However, facing Su Yi's sincere invitation from the bottom of his heart, she was still very happy.

After that, the three of them continued to chat for a while. Su Yi invited the two of them to dinner before they went their separate ways.

And in the meantime...

In the global financial market, the impact of the UK's referendum on Brexit continues.

At 4 p.m., Hong Kong stocks closed down 5%, setting a new record for the largest drop of the year. Soon after, European stock markets opened, and the stock markets of Britain, France and Germany all showed a trend of sharp declines. Among them, the UK stock index, in particular, experienced a historic plunge, opening at a 7% drop.

As for the U.S. stock market, which receives the most attention from global investors.

The pre-market performance of the three major U.S. stock indices was also terrible, with each showing a sharp decline.

Of course, the global foreign exchange market is still the one with the greatest impact and the highest correlation.

As the news continued to ferment, although the pound exchange rate rebounded by nearly 400 points from the lowest point during this period, it still showed a trend of a daily plunge of more than 10% and is still at a 40-year low.

Similarly, the exchange rate trend of the euro is not as exaggerated.

But it also plummeted by more than 1000 points, falling below 1.2000 points.

And after the impact of the "black swan" event of the UK's Brexit referendum, major financial institutions around the world have begun to move closer to the US dollar parity exchange rate in their expected future exchange rate trends for the euro.

In addition to the dramatic fluctuations in the online trading market.

In the offline market, capital from all over the world is still continuing to sell the pound.

Even the massive injection of tens of billions of dollars of foreign exchange reserves by the Bank of England into the market could not curb the panic selling of global capital at this time.

Su Yi took a general look at the main market information in the evening.

Then he fell asleep.

During the two days of the UK referendum, funds held large-scale short positions in the pound sterling exchange rate.

Even though he already knew the final result of the referendum, he was still in a state of tension during the past two days and only slept for a few hours.

Therefore, what he wanted to do most now was to sleep.

When he woke up naturally after a satisfying sleep and feeling fully rested, it was already noon on June 6th, Saturday.

He turned on his phone and checked the time and the message.

There were several missed calls, half of which were from Wang Huaijin, and some were from Zhang Yanshun of Huayin International and Mr. Frederick, the main fund product manager of Aberdeen Asset Management Evolution No. 1.

Su Yi responded to each other one by one.

Wang Huaijin mainly wanted to ask him about the special bonus that Su Yi had promised.

Zhang Yanshun and Frederick wanted to treat him to a meal.

After all, in this round of speculative operations on the pound exchange rate, the fund products managed by the heads of these two institutions were able to make billions of dollars from the pound exchange rate market, and he was indeed an indelible contributor.

Su Yi thought that it was hard to refuse such a kind invitation, and he also thought that he might need to cooperate with the two institutions in the international financial market in the future.

So, after thinking about it, I agreed to the dinner.

Then, over the next week, his dinner parties came one after another.

Unlike when he first arrived in Hong Kong, no one paid any attention to him and few people received him. But now... everyone has heard about his amazing investment performance in the British pound exchange rate market in collaboration with the two major institutions, Huayin International and Aberdeen Asset Management, especially the billions of dollars he made.

A group of bigwigs in Hong Kong’s business community, and a group of institutional leaders and bosses in Hong Kong’s financial community.

They all sent invitations to Su Yi.

Almost overnight, he became a celebrity in Hong Kong's financial world and the target of many bigwigs in Hong Kong's business community to win over and make friends with him.

Even beyond the invitations and friendships of these elite upper-class people.

Major financial media organizations also came one after another, all wanting to report Su Yi's brilliant investment performance in the pound exchange rate market and his legendary investment experience.

However, Su Yi declined all invitations from media organizations.

Although all his sources of funds and every penny of profit he earned were honest and could withstand anyone's scrutiny.

But he felt it was better to stay away from this kind of limelight.

However, he declined all media reports on himself and his company.

However, some unscrupulous media reported the incident without the authorization of Su Yi and his company. Thus, the news about Huayi Capital gambling on the pound exchange rate and making billions of dollars in the black swan event of the British referendum was spread...

The news spread quickly and caused a stir in the financial and business circles in both the mainland and Hong Kong.

"My God, Huayi Capital made billions of dollars by betting on the pound exchange rate during the UK's Brexit referendum!"

As the news spread, countless people in the mainland and Hong Kong exclaimed in surprise.

"Is this the first time that Chinese capital has made a huge profit in the international financial market?"

"It's amazing! Mr. Su from Huayi Capital is truly a legendary figure. He was in the A-share market a year ago, and now he is in the international financial market... He is truly a god-like existence."

"Billions of dollars, what does that mean?"

"What does that mean? Hundreds of billions of Chinese yuan, and a person who is in the top 50 of the domestic rich list."

"Fuck, President Su's move really brought honor to the domestic financial sector. What they are reaping is foreign capital, international capital. This time... I wonder what some people will say?"

"The top financial executive in China should definitely be Mr. Su, right?"

"The key point is that this time, not only did 'Hua Yi Capital' headed by President Su make billions of dollars, but I heard that President Su also helped 'Huayin International' make billions of dollars in profits. This is simply... amazing."

"Oh my god, is Huayi Capital still hiring? I want to work for them."

"The headquarters is in Shanghai's IFC Building. Let's go in a group. But I heard that their company's recruitment rules for traders are quite strict. They require three months of real-time training and assessment, but you don't need to provide your own funds."

"No matter how strict the assessment mechanism is, you have to go. If you can get some advice from President Su, it will be worth it."

"The foreign exchange market is really outrageous. How much capital did Mr. Su invest? He made so much profit from the black swan event of the 'Brexit referendum'?"

"Boss Su has invested quite a bit. I heard that he has put all his assets on the line."

"Not only that, Mr. Su also borrowed a lot of money from Huashang Bank before, but now... these are not a problem anymore."

"This news is no less than an earthquake for the domestic financial community."

"This is the first time I've heard that Chinese capital is sweeping the international financial market. I'm so excited. This shows that there's nothing to be afraid of with foreign institutions."

"Making money from international capital and harvesting foreign capital, this is something that...is simply too popular to be seen."

“Haha…that’s true.”

"We must support an outstanding fund manager like Mr. Su. When will the next wave of fund products under Huayi Capital go on sale? I will invest money to support him even if I have to sell everything I have."

"I don't know, but I guess it's not certain that you can get a share of their fund products because they are so popular."

"Boss Su has made a lot of money in the international financial market. Domestically, the performance of their company's fund products has also reached new highs in the most recent quarter, right?"

"The market has basically been on a one-sided decline this year, but the performance of the 'Hua Yi Expedition No. 1' fund product has almost doubled. I have to say... Mr. Su's investment ability is really amazing. It's just that their fund doesn't disclose which stocks it holds, otherwise we could really copy their homework."

With the whole network boiling...

Both Su Yi himself and the institution "Hua Yi Capital" have become famous.

Originally, Su Yi wanted to use Ms. Li's connections and introductions among employees within the company to issue a call for talent and recruit more people.

Unexpectedly, along with the company's growing fame.

He doesn't need to advertise at all. Hundreds or thousands of resumes are sent to the company's human resources department mailbox every day at the Shanghai headquarters and the Hong Kong branch.

At the same time, when Su Yi finished his work at the branch office and was preparing to return to the Magic City.

There was also good news from Fang Wanqing.

The other party sent him a message saying that Isabel was willing to meet him and listen to his conditions.