Tao Liangchen

Chapter 698 The Truly Brilliant Part

sssss Asset Management Company:

After a period of public fundraising, things were finally starting to move.

Su Yehao's joint venture with the four major mainland giants might seem like a disadvantage, but in reality, 5s Asset Management Company was his personal fiefdom. Whether from the perspective of personal influence or equity structure, he had complete control over the company.

Now, Su Yehao had prepared to manage external funds. Vice President Chen Jiafang and others had no say in front of him and could only offer suggestions to show their presence.

In fact, even finding a way to assert themselves wasn't easy.

The reason was that the companies Su Yehao had chosen were all too normal, making it difficult to showcase their abilities.

AIA Insurance was the leading stock in Hong Kong's insurance industry, HSBC was the leading stock in Hong Kong's banking industry, Vanke was the leading stock in the mainland's real estate industry, and since Old Su had delisted and financed Midea's subsidiary, Gree had also become the leading stock in the mainland's home appliance manufacturing industry...

According to this list of investment targets, a quick glance from top to bottom revealed that they were all high-quality assets that fund companies paid special attention to and dared to invest in blindly.

Because there were too many investors eyeing them, the stock prices already seemed very reasonable. The possibility of losses was small, but it wouldn't be easy to achieve remarkable results.

Of course, these were just the thoughts of the three vice presidents.

Su Yehao still had a great fondness for these "low-return" investment targets that he hadn't valued before, as they were very suitable for bringing investors along to make money.

Among the people present, only he knew how terrifying the economic development speed in the north would be in the next ten to twenty years.

These listed companies seemed to have exhausted their growth potential, but in the context of the future economic scale, they were only just beginning to develop, and the prospects were bright.

In just a few minutes, the investment direction and scale were quickly finalized.

Then, some time was spent discussing details such as finding equity financing targets and further expanding the scale of fundraising. 5s Asset Management Company had made such a big splash, but only raised funds equivalent to three billion Hong Kong dollars, which Su Yehao was naturally not very satisfied with.

Putting the same amount of money into the mainland asset management market would make a batch of financial managers laugh their heads off, but for Su Yehao, it was just a small dish, not even an appetizer.

Having done so many big deals, his appetite had already grown...

It was a little after ten o'clock in the morning.

At that moment, Su Yehao glanced at his diamond-studded Audemars Piguet watch, which sparkled brightly.

Even he himself felt that the appearance of this watch, which Nong Qingying had given him, was too flamboyant, several levels more ostentatious than a gold watch. It was fine when wearing casual clothes, but it clearly didn't match formal wear. Wearing it on his wrist made him look like a flashy street hustler, too showy.

It was just some small diamonds, but the customized price was as high as five hundred thousand US dollars. It could only be said that the pregnant woman's flirtatious glances were wasted on a blind man. Men didn't like sparkling gems as much as girls did.

The advantage of this watch was that it was relatively rare. There was only one in the world, a unique private custom version. If it were combined with his fame, the future appreciation potential would not be low.

Su Yehao quietly covered the watch with his sleeve, then coughed and said:

"Before I knew it, it's almost been fifty minutes. It's rare to have such a long meeting. Let's call it a day. Have people prepare in advance. Tomorrow is Monday, so have them start building positions, buying some stocks from the circulating market, and buying the rest directly from the major shareholders. A slight premium doesn't matter. The more high-profile, the better. Especially Vanke, even if it pulls a limit up, it doesn't matter. Let investors know I'm here."

"Understood! At worst, we'll lose some money, just consider it advertising, right? Many retail investors don't have good judgment themselves. If they know they can benefit by following Mr. Su, they'll definitely rush to get on board."

The speaker was Vice President Wang, who had been poached from China Merchants Group.

Due to his long-term honing, his EQ was off the charts, and his words always sounded pleasing to Su Yehao.

Su Yehao shook his head and smiled:

"It's not necessarily a loss. The reason I value Vanke is that this company's development momentum is too good. The mainland's real estate marketization is accelerating, and residents are starting to have money in their hands. I saw a message in a document saying that half of the newly added loans this year are housing loans. With the problem of food and clothing solved, the next step is housing and transportation. The acceleration of urbanization is inevitable."

"I also think the real estate market in the north has a lot of potential. When I worked at Morgan Stanley before, I studied this issue. I personally suggest contacting Vanke's board of directors directly and providing them with a round of financing. This way, it will be more effective."

After Vice President Chen Jiafang finished speaking, he held the list and asked curiously, "Mr. Su, why are there four liquor companies on the list, more than the financial and real estate industries?"

As soon as these words came out, Su Yehao and the other two vice presidents laughed.

President Sun, who used to work at CITIC, had a happy expression and gave a thumbs up, praising:

"Vice President Chen doesn't know, this is where Mr. Su is truly brilliant. It seems he has completely figured out the mainland consumer market. Baijiu is a consumer product. The cost of production, transportation, and warehousing may only account for 10% to 15% of the retail price. The rest is the profit of the wineries and distributors at all levels. What business is better than this? Once Mr. Su promotes it with all his might, it will be like Moutai Winery, and sales will increase by leaps and bounds?"

"That's right, consumer goods are easier to make money than home appliances. Once you drink it, it's gone. I heard that the actual cost of Wuliangye, which sells for two or three hundred yuan, is only a dozen yuan. The bottles and packaging may cost more than the liquor itself."

"..."

Seeing that they all seemed to understand, Vice President Chen immediately stopped talking, thinking that he should put more effort into studying the situation of various industries in the mainland.

The short meeting ended here.

Su Yehao threw out the work and went straight to the pier, where he had arranged to go fishing at sea with Baoya Jun, He Shaofan, and the others.

He went out to sea that day and only docked the next afternoon, feeling like he had forgotten something.

When he received a call from the little girl, Su Yehao remembered that "Boys Over Flowers" would premiere tonight. After returning home, he first logged into Yinhai Weibo to help promote the show, as well as an advertisement for 5s Asset Management Company.

A batch of comments quickly appeared under the post, such as "Sounds interesting, but the question is, who will provide the principal?", and "I want to see how luxurious your home is", "The dignified richest man in Hong Kong is actually advertising all day long!" These posts were quickly liked by a large number of people and pushed to the top.

This shows that the number of mainland netizens is indeed much larger than before, mainly thanks to the rise of internet cafes.

Computers costing six or seven thousand were still too expensive compared to the average income.

However, applying for a "Network Culture Business Permit" to open an internet cafe has become very easy since this year. As long as the materials are complete, it is said that it can be obtained within two weeks. The internet fee in first- and second-tier cities has dropped to five or six yuan per hour, and there are discounts for overnight stays.

Relying on its extremely high cost performance and special optimization for playing games, Huangzuan computers have also benefited from this.

Even though two more production lines have been added recently, the backlog of orders at Huangzuan Computer Company has not decreased. Impatient consumers can only buy them from scalpers at a higher price...