Start from 1980

Chapter 619 The development trend is good
I don't know whether lithium batteries can be put into the market now. If they can be put into the market, it will cost a lot of money just to collect the patent fees of lithium batteries.

After Su Chen read the report, Cao Jiaxin came in to report on his work.

"Boss, I have already placed an order for two planes from Gulfstream, but they say they won't be able to deliver them so soon, and they need to wait for all of them to pass the inspection before they can be delivered to us. At the same time, they will help us find crew members."

Cao Jiaxin said: "I have already told them that one of the two crew members is going to China, and they said there is no problem."

"Okay, you did a good job in this matter." Su Chen said, "Let me take a look at the investment bank's report."

"I've brought it here, please take a look. If you have any questions, I'll wait outside the door for your inquiry." Cao Jiaxin handed over a report and left the office.

Like those financial companies on Wall Street, Shengshi's investment banks are mainly engaged in securities issuance, underwriting, trading, corporate restructuring, mergers and acquisitions, investment analysis, venture capital, project financing and other businesses.

There are generally four types of investment banks: independent professional investment banks, investment banks under commercial banks, universal banks directly operating investment banking business, and financial companies established by large multinational companies.

Prosperity belongs to the last category.

Because Su Chen is not an American, he cannot open a bank.

If it is an investment bank in China, it can operate in the way that a universal bank directly operates investment banking business.

Moreover, Shengshi did not acquire Kangnian Bank before, so it could not operate in the United States as an overseas banking business.

Now it can be done like this.

Looking at the report carefully, there is no major problem, and overall it is still profitable.

Because the operation of the investment bank has been ordered by Su Chen before, what they buy are those technology stocks. Although there are losses, they make a lot of money. In this way, those losses are nothing at all.

In the stock market, no one can guarantee that every investment will make money.

And now Shengshi also has many customers, Shengshi acts as an intermediary to contact companies and buyers who want to go public or merge.

This specific workflow is generally the following steps:
Hire a manager → research/draft → sell.

The first step can be understood as, company A needs to issue stocks, then company A must find a professional manager to figure out the specific details, and in some relatively large cases, it will find operators, and these managers will be used to share the IPO profit.

The second step is to investigate and write the founding plan. During the writing process, the team needs to understand the client's company's operating conditions, industry development, and future potential, in order to formulate an IPO stock price for them.

Analysts are mainly responsible for this process, and the entire report needs to be given to customers to attract buyers.

The third step is similar to marketing in traditional industries. The main thing is that VP and MD take the written plan and go to a roadshow, which is equivalent to a road show, to build a good relationship with potential buyers.

It's a classic sales process where buyers don't tell you their intentions until the last second.

If it is bond issuance, the project is generally relatively small, but the most difficult thing is the credit rating and risk assessment level of the issued bond.

So find a better investment bank, the better the product, the higher the rating, the lower the cost for the company.

For M&A, the most difficult thing is to find companies and institutions that are willing to pay. Generally, it may take half a year or even more than half a year to find a buyer, constantly going to roadshows to persuade the other party to buy.

Because once the acquisition is completed, the investment bank will generally take a 7% transaction fee.

If a company closes a deal for US$1 million, the investment bank will charge a commission of US$700 million.

Because once the acquired company is sold, the stock price will definitely rise. All in all, this service makes everyone very happy.

In addition to the above, Shengshi also has a sales and transaction department.

Usually the two departments of sales and trading sit together, and their job is to keep their eyes on the big screen to make deals.

Every day before the market opens, there will be a meeting with the IBD department to discuss what stocks will be listed today, how much inventory, investors’ intentions, the latest market information, and industry direction. After that, each group will hold a group meeting, and then the market will open trade.

When trading, one is to sell stocks and earn handling fees, and the other is to make money from the price difference.

For example, the investment bank expects that the stock will reach 2 yuan in 10 months, but the current price is only 8 yuan.They will tell the seller, you sell me the stock trading right after 2 months now, I will give you 8.5, and you can get the money today and so on.

Find a way to trade.

Shengshi Investment Bank has been established for a long time, and it already has many customers, which is a good sign.

Su Chen currently has no information to provide to the investment bank, because many stocks can make a little money now.

It was not until the big stock market crash next year that many investment businesses were ruined.

Earn a little if you can earn a little now.

There is nothing wrong with this report, and the investment bank is currently the most profitable subsidiary besides Fox.

Not even Baltimore's credit companies.

After closing the report, Su Chen took out the newspaper that Huang Ying had just bought outside.

Then I saw a message, 'In order to realize the complete marketization of interest rates, the control of deposit interest rates will be fully liberalized'.

Su Chen frowned instantly, because this was not good news.

Once the control on deposit interest rates is released, it means that the operating costs of the banking industry will increase, and the banking industry in the United States will face greater challenges.

However, it is not 100% bad news, because regulators have also begun to relax restrictions on the single banking system and separate operations.

This can be regarded as a message of crisis and opportunity.

With the acceleration of global financial liberalization, the rapid expansion of overseas banking represented by Japan's benzene banking industry has brought enormous competitive pressure to American banks.

If Shengshi Bank enters the United States now, it seems that it can also get a share of the pie.

However, the ability of small and medium-sized banks to resist risks is weak, and once they encounter a banking crisis, a large number of companies will go bankrupt.

Moreover, there have been many bank failures in the United States in recent years. Unless they are money center banks like Citibank and Chase Manhattan Bank, then the FDIC, OCC and FRS will not ignore them.

A motherless child is like grass.

After reading all the newspapers in his hand, Su Chen felt that apart from developing business in the Soviet Union, Shengshi Bank could also enter the American market.

Of course, this is not something he has to decide blindly, and the team needs to conduct a serious investigation.

Three cobblers are better than one Zhuge Liang.

Because from 1970 to this year, there are countless bank failures in the United States every year, so he has to be careful.

Judging from the reports received, all current investments in the United States have begun to gradually realize profitability.

If the development of Qualcomm and Cisco is on the right track, the rewards will be calculated at sky-high prices, and it will also turn Shengshi into a behemoth with terrifying ability to absorb money.

He was about to ask Huang Ying to call Bernice and Cao Jiaxin to the office, but unexpectedly, Bernice came to him first.

"Boss, this is a letter of intent for investment I am currently making. I think we have the ability to acquire this company, and this company is also worthy of our investment. And I think this company will definitely make us a lot of money if it lands in China. a sum."

As she spoke, she handed over a letter of intent for investment.

Su Chen glanced at the company's name, his eyes narrowed.

Good guy, it's actually this company...

(End of this chapter)