Rebirth: The Financial Giant

Time flies, and in December, in the last quarter of the year, Tiansheng Capital's main issue is backdoor listing, and the review by the China Securities Regulatory Commission is also very fast. Everything is accelerating, and it is expected to resume trading in the first quarter of next year.

The work of backdoor listing is being handled by a professional team below. All Lu Ming has to do is to look at the progress report and the like.

Come in.

Sitting on the sofa resting place, Lu Ming was drinking tea comfortably. He turned his head and glanced at the door of the office. The person who came in was Su Xiaoman. He came to the vacant seat next to him and sat down. He handed him a document he brought and said. said:

The overseas QDII fund raising has ended. The total raised funds are 8.628 billion yuan, or about 1.35 billion US dollars, and positions will be opened next week.

The fundraising is quite large, which is all due to the name of this QDII fund called Tiansheng Global Pioneer Mix. Who among the senior domestic foundation citizens does not know the name of Tiansheng Enchantress?

Although the QDII funds that go overseas are all hamstrung, and the domestic institutional investors are all messed up by foreigners, everyone still believes that Lu Ming will be an accident, and the overseas capital market will bring major changes to QDII funds.

After all, in the past year, in the minds of some small and medium-sized investors in China, Lu Ming has changed from a myth to a belief. When it becomes a belief in a certain sense, it is blind trust.

In fact, this is similar to the loyal followers of Bafit, the god of stocks.

Lu Ming made her a cup of tea by the way, then took a sip from the teacup himself, shook his head and said: No hurry, the elections in the old and the United States will come to an end, and the global economy is also in recession. There are various signs that anti-globalization is on the rise. There is a high probability that there will be a wave of sell-offs at the beginning of the year, and after the sell-off, we will enter the market.”

The difference between QDII funds and QDIE funds is that QDII funds cannot be shorted, their investment scope is relatively conservative, and there are not many hedging tools.

The QDIE fund is different. There is no restriction on investment types. Lu Ming can make waves, such as overseas securities investment, overseas non-listed company equity investment, debt, hedge funds, commodities, precious metals, real assets and real assets. And so many varieties can be done.

In short, there is no limit to the investment scope of QDIE funds.

Tiansheng Capital has obtained the pilot of QDIE fund, and now there are only ten varieties. One Bitcoin variety has a potential price of 500 million US dollars, and the other nine varieties are call options on stocks such as Amazon, Activision Blizzard, and Nvidia.

Moreover, without using any hedging tools, it is directly unilaterally bullish, not to mention that domestic banks or fund companies do not have the guts, even Wall Street financial institutions do not dare to play like this. Properly pay for bankruptcy.

However, Tiansheng QDIE has made a lot of money in just two months. Only the 500 million US dollars lurking in Bitcoin is currently basically in the cost price range. On November 4, the price of Bitcoin once surged. to $500 and now it's back down again.

For the bitcoin variety, Lu Ming is going to hide all the way to the end of 2017. This is the fourth round of madness. The price has soared to 20,000 US dollars a day, and the trading volume is also a huge amount of 10 billion US dollars a day.

At present, the daily trading volume of Bitcoin is only 30 to 40 million US dollars. In the next six months, Lu Ming will be accumulating and lurking at a price below 1,000 US dollars for this variety.

The other nine call option varieties have made big profits. Tiansheng QDIE's current capital market has reached 18.9 billion US dollars, in other words, it has accumulated a 278% return in the past two months.

Lu Ming calculated the time and directly ordered: Go back and inform Lao Qi, Tiansheng QDIE's nine call options have all been closed tonight, and at the same time, 500 million US dollars will be put into put options for these nine varieties, and then Start accumulating the two stocks of Teng Xun and Ali, just go long and don’t use leverage.”

Put options are put options. After eating long and short, the big dive in the new year of 2016, shorting is done.

As for the Tiansheng Global Pioneer Hybrid QDII Fund, which has already raised funds, then honestly wait for this wave of decline to be killed, and then go in and go long. Coins wait and see first.

Lu Ming added: In addition, continue to absorb bitcoins at a low level, and tell Lao Qi that the final average cost will not exceed $800 a piece.

According to the current trading volume, it is not bad for this variety of Bitcoin to be able to raise 20 million US dollars in one trading day. Nor is it the time to launch the market.

Anyway, there is plenty of time, just take it slow.

Su Xiaoman looked at him in astonishment and said, Can Bitcoin really carry billions of dollars in funds? This P2P game...

In the previous rounds of the big bull market of Bitcoin, it was said to be a big bull market, but the daily trading volume did not exceed 100 million US dollars. To put it bluntly, there were few people participating, and some people were playing in it.

Lu Ming said with a smile: It is different from the traditional P2P gameplay. The long-term logic of my optimism about Bitcoin is that I am not optimistic about the economic conditions of the United States and the United States in the next five years. It will be considered by global investors as a scarce safe-haven variety, no matter how crazy the story is, if you stand on the wind, pigs can fly, so go hard.

Su Xiaoman followed along and said: But the wind stops, the pig will still fall, and the higher it flies, the worse it will fall.

Lu Ming smiled and spread his hands: So what? If this investment in Bitcoin does not exist, can I still lose money?

It was speechless.

After a while, Su Xiaoman asked: Bitcoin is slow to buy long and accumulate funds, 1 billion US dollars is enough for several months to open a position, and nine varieties are shorted for 4.5 billion US dollars, it is impossible to be long Fuji Xun. Ali, these two tickets? How to arrange the rest of the funds?

Lu Ming thought for a while and said: Short crude oil futures with 3 billion US dollars, and hold all the remaining funds offshore. Older Qi explained that you will send the team to do a more important thing as soon as possible, the flow of this 10 billion US dollars. Sex wants to leverage 50 billion U.S. dollars of leveraged funds for me in early January next year, I have a lot of use, don't look for overseas financial institutions, directly look for Yang Ma.

The time is coming, a foreign exchange war that can't see the smoke of gunpowder is about to start quietly, this time Tiansheng Capital is going to play a big deal, the international short-sellers have already sharpened their knives, this time stealing buttocks will be ruthless. Give them a poke and let them feel the taste of chrysanthemum residues.

Su Xiaoman was dumbfounded and didn't know what to say, but the capital of 50 billion US dollars, which is equivalent to more than 300 billion yuan, was undoubtedly an astronomical figure.

He is getting bigger and bigger.

After recovering, Su Xiaoman couldn't help but say, Will such a large amount be granted to us?

It is very difficult to get funds out of the country now, not to mention that this is going to take 40 billion US dollars offshore in one breath. In Su Xiaoman's view, this is impossible to be approved.

Lu Ming smiled confidently: Just do as I say, just follow the normal process.

Just kidding, Tiansheng Capital is equivalent to the guerrilla forces behind the enemy in this currency war. Although it will not be stated explicitly, everything is hidden.

Earning more than 10 billion US dollars by going abroad this time is equivalent to telling Yang Ma that Tiansheng Capital has the ability to win the competition with top foreign players. Returning with profit.

Su Xiaoman, who didn't know it, didn't know where his confidence came from, but he also followed Lu Ming's decision.

At this moment, Lu Ming picked up the document she brought and read it roughly.

Prospect of Tiansheng Capital's assets scale at the end of the period.

Tiansheng Value Growth Mixed Fund: 23.735 billion yuan;

Tiansheng Global Pioneer Mixed Fund: 8.628 billion yuan;

Tiansheng QDIE Fund: 120.015 billion yuan;

Major passive index funds: 4.325 billion yuan;

Market value of 1.855 billion Anshi shares: 124.585 billion yuan;

Primary market investment: 2.1 billion yuan

Liquid cash: 37.9 billion yuan.

As of December, the scale of assets managed by Tiansheng Capital has reached 321.288 billion yuan, of which the scale of Tiansheng Capital's own net assets has reached 129.5 billion yuan, and the total LP of all companies is close to 200 billion yuan. Tiansheng Capital has helped others manage 200 billion assets.

In other words, Tiansheng Capital now collects more than 20 to 30 billion yuan in management fees every year. The asset management fee is guaranteed by drought and flood. As the scale of asset management continues to expand, the management fee will also expand.

However, the core income still comes from the excess performance commission. This year, the LP has made a lot of money. As long as it waits for redemption or dividends, that is the excess income, which has not been reflected in the company's quarterly income statement.

According to the agreement, whether the investor's capital dividend is taken directly or the dividend is reinvested, Tiansheng Capital shall make a proportional commission, unless it is a loss for the whole year.

2015 was a year of great harvest. Excluding the public fund, Tiansheng Capital brought a total of more than 128.5 billion yuan of profits to several major LP institutional clients such as Ningzhou Social Security Fund, Chaoyun Trust, and Wanxiang Group. This year There is still the end of the last month, and it is expected to make a big red envelope profit after the year. There is no problem with the total profit reaching 150 billion.

This also means that the dividends will be distributed in the coming year, and Tiansheng Capital will be able to share more than 20 billion yuan of excess performance commissions from this total profit.

There is no doubt that Tiansheng Capital's fees are very high, but LPs will never mind. On the contrary, they hope that Tiansheng Capital's performance commission will be as much as possible, which means that it will earn more absolute profits.

...

(Ps: The rhythm of liquidation is going to be liquidated. I don’t want to see other data. Now I just want to catch up with the monthly pass plus more fulfillment requirements. It will be up to 2900 monthly passes. Slow down, I feel gradually blurred and unconscious. ...[white eyes.jpg])