Rebirth: The Financial Giant

Chapter 218 [Telling this story well is a bit expensive]

The strategic plan for the layout of the new energy vehicle ecology was determined. Gao Hua, who became the person in charge, took over this task and began to actively prepare for it, while Lu Ming set the tone for the general direction.

However, Lu Ming still has to pay attention to one thing, and that is money!

This time, Tiansheng Capital uses its own way to tell the story of the auto ecology, and it is definitely not the so-called new car-making forces that engage in capital operations and fool around with money and leave.

How much money can I make?

How many billions? Or billions? Tens of billions have already topped the sky, but tens of billions are not enough for Lu Ming to plug his teeth.

The field of new energy is the main policy of the future national strategic plan, and it is a strategy formulated by the country to alleviate the potential unfavorable factors of increasing dependence on energy imports. The largest piece of meat eaten.

The rewards of being able to solve major national problems are, of course, quite staggering.

But this has to move closer to technology.

Obviously, Tiansheng Capital has no technical advantages, only money, but since the general strategy has been determined, it must use the power of capital to smash real technology.

Only by embracing technology, when the big wave in the future ebbs, watch others naked forever.

Not long after Gao Hua left the office, Lu Ming began to check the company's financial situation.

At present, the total of Tiansheng Capital's own assets and assets under management have exceeded 2.36 trillion yuan. In the annual report last year, the figure was still 1.82 trillion yuan. The asset price suddenly increased by more than 500 billion yuan.

The main reason is the rapid appreciation of stock assets, stocks are rising and falling every day, and the total asset price of Tiansheng Capital will also fluctuate with the fluctuation of the capital market.

The constituent stocks of Tiansheng Shang 50 and Tiansheng Shenzhen 100 are all blue-chip big butts. Since 2017, the capital market has risen by high-quality big butt votes. Tiansheng Capital is definitely the biggest gainer. one of the beneficiaries.

In addition, the asset price of overseas investment cannot be ignored. At present, the scale of overseas investment assets of Tiansheng Capital, led by QDIE, has officially exceeded 1 trillion yuan, and it was more than 800 billion yuan at the end of last year.

The price of Bitcoin has risen to $1,700, and the average cost of Tiansheng Capital’s $5.5 billion is below the $800 level, doubling. Bitcoin is just the beginning.

Among them, the Nvidia stock invested by Tiansheng Capital is the most profitable overseas single stock investment. It has already achieved a rate of return of more than +350% by unilaterally doing long. Moreover, the stock of Nvidia has just begun, and the madness of Bitcoin will drive the Nvidia's stock price has skyrocketed.

In the future, there will be more and more miners of Bitcoin, and Nvidia's stock price will also get higher and higher.

The total assets of Tiansheng Capital have reached 2.36 trillion yuan. Lu Ming is most concerned about the book liquidity cash. The latest data shows that it is about 147 billion yuan.

The previous 200 billion yuan of the five major trust institutions was almost spent. Before the money came in, the company still had 80 billion yuan of liquidity, which means that Tiansheng Capital was actively allocating stock assets during this period.

Among them, the biggest outflow is the plan to allocate the Tiansheng Small and Medium Cap 300 Index. It is expected to allocate 150 billion yuan of small and medium-sized stock assets. Now more than 90 billion yuan has been allocated, and there are still nearly 60 billion yuan of allocation needs still present. Waiting outside to enter.

The other outflow funds are the layout of the primary market. The existing liquidity of 147 billion yuan, minus the 60 billion required to allocate Tiansheng medium and small caps, will leave less than 90 billion yuan.

With less than 90 billion yuan of funds, it is impossible to successfully tell the story of the new energy vehicle ecology. It is only the companies listed in the previous blueprint that make strategic investments in them and become their major shareholders. Not enough money.

Not to mention the money-burning hole to engage in technology research and development. Look at the next-door Wah who spent nearly 80 billion in R\u0026D investment last year, and this year will only be more, and the future R\u0026D investment will also increase year by year.

This is the price of engaging in technology, so capital actually hates technology, but there is no way to do it. Technology is the natural enemy of capital. If you don’t engage in technology, others will be high. Once you fall behind, your market and interests will be destroyed by technological breakthroughs. defeat.

So-called moats are fragile in the face of revolutionary technological breakthroughs.

On the board of directors, Lu Ming said boldly, How much Hua Wei has invested in technology research and development, I am three times as much as he has invested in technology research and development.

Although there are huge risks and costs to pay, as long as capital has technology, it is basically invincible, and the returns are quite amazing.

This blood must be dropped.

At this moment, Lu Ming, who was sitting at the desk, held his chin and fell into contemplation without saying a word. All he was thinking about was making money. He wants money.

You can't do great things without money.

Lu Ming's first thought was to ask the LP for money, and then the LP wanted 200,000,000,000,000,000 yuan. After thinking about it, he finally felt that this way would probably not work in a short time.

During this period of time, the three meetings and one institute further deleveraged, de-levered, and went to shadow banking, and imposed stricter supervision on funds such as private equity and insurance funds.

Institutions are also busy checking and making up their own accounts, and the liquidity on hand is also very tight. In the past year, Lu Ming has managed to ask LPs for 330 billion yuan and 200 billion yuan.

This is really not a small amount. Every few months, they have to find LPs to pay two or three hundred billion yuan. After a few uses, they will be hollowed out by Lu Ming. The LPs said that they can't stand it.

Unless the entry threshold is lowered, Lu Ming's mind flashed this one for a moment, and he was rejected by him.

Lu Ming would rather not have a low-quality LP, the risk is too high, and unfortunately, the story of betting on the ecology of new energy vehicles this time is not only costly, but also a long-term investment layout.

In addition, in a few months, Mr. Jia's company will explode, and it is hard to say whether it will bring a panic attack to the new energy market. The negative problems are superimposed together, and the introduction of low-quality LPs will go back and make a noise. The plan was disrupted by the unilateral redemption of funds.

As for the institutions that are already Tiansheng LP, they will never engage in unilateral redemption of funds. The reason is very simple. For example, Chaoyun Trust invested more than 50 billion before and after, and now it has a market value of more than 230 billion.

If Chaoyun asks for unilateral redemption of funds at this time, the LP that withdraws unilaterally according to the agreement shall take 20% of the withdrawn funds and all the profits generated during the period as compensation for breach of contract to the GP.

In other words, the unilateral launch of Chaoyun Trust can only get 40 billion people to leave, and the remaining 190 billion belongs to Tiansheng Capital.

Such a foolish operation is obviously impossible, and it is equivalent to redeeming the LP funds entrusted even if they want to withdraw without defaulting, that is, the normal redemption period is lifted.

The cost of default is too great.

You can only reap the profits from the capital market to invest in technology research and development... Lu Ming muttered to himself, isn't it in the early stage of the blue-chip big butt ticket market?

By the end of the year, the domestic blue-chip big-butt-ticket market has reached its peak, and the bitcoin super market in overseas markets has reached its peak. pressure.

That is the total market value of 5 trillion yuan, from which hundreds of billions of cash flow will be cashed out. Don't you have the money to tell stories about the new energy vehicle ecosystem?

Lu Ming thought for a moment, and suddenly made a decision in his heart. The core assets are mainly used as ballast stones, but Tiansheng Small and Medium Cap 300 can be used to frequently harvest profits in the capital market, which can bring stable and sufficient cash flow to Tiansheng Capital. Burning technology research and development.

However, a large amount of funds will soon be required, and Tiansheng Small and Medium Cap 300 has only begun to open positions for the first time, and it is too early to harvest considerable profits.

The only way to solve the funding problem now is to cash back some overseas investment assets, with more than 1 trillion assets, so why not wait?

Thinking of this, Lu Ming reached Qi Wei with a phone call.

...

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