Start from 1980

Chapter 756 Blackstone Group
Could it be Wei Yixin who is about to take office in Hong Kong?

Or maybe Jardine is not reconciled to death, and colludes with others to mess with herself.

"I will pay attention to it." Su Chen said, "You can also take a look at Hong Kong."

"If there are problems that we can't solve, I will go to my father for help." Ms. He said, "Just take care of yourself and come back as soon as possible before the end of April."

"it is good."

Then I chatted with Tang Wanru and told her to be careful that someone would mess with her behind her back, especially when it comes to pumping money in the stock market.

……

After hanging up the phone, Su Chen met Cao Jiaxin and Bernice at the hotel.

"Boss." Bernice said with a smile on her face, "Long time no see, you are still so handsome."

Su Chen laughed, "Miss Bernice, I never thought you would flatter me."

Take out a gift by the way, "This is a gift from the boss."

"As a subordinate, it is natural to find out what the boss likes, so thank you boss." Bernice also smiled.

Cao Jiaxin also greeted, "Long time no see, Chairman."

"Grace, long time no see. I heard from Mary that you gave birth to a daughter?" Su Chen took out a longevity lock and handed it to her, "This is for the child."

"Thank you, Chairman."

After handing out the gifts, Su Chen said: "The reason why you are anxious to come to see me is because I can't stay in the United States for too long, so you hand me the report in your hand for a look."

The two submitted their respective financial statements.

Su Chen read carefully, the financial company managed by Cao Jiaxin provides a variety of financial services including securities, asset management, business mergers and reorganizations, etc.

After so many years of development, financial companies can be regarded as on the right track, but they are naturally not as good as Goldman Sachs, Morgan, Merrill Lynch, Lehman Brothers, and Bear Stearns, the five major investment banks on Wall Street.

That is to say, it is at the middle level, which is more deficient than the top and more than the bottom.

It's not that Cao Jiaxin's business ability is not good, but that the company's development has only been in a few years, and it is naturally impossible to catch up with these established companies that have been around for seven or eighty years or hundreds of years.

Judging from the overall report, the financial company has made a lot of profits.

Throughout the 80s, before the stock market crash, few financial companies went bankrupt.

After the stock market crash, many financial companies went bankrupt.

Su Chen looked at each data in detail. Last year, the turnover was more than 7000 million US dollars.

Some of the more than 7000 million yuan was earned from customers' handling fees, and some were invested by the financial company itself.

In Shengshi's huge system, more than 7000 million seems relatively small, but for most companies, it is actually a lot.

"Strive to break through [-] million in turnover this year." Su Chen said, "In addition, according to what I have arranged for you, we will temporarily develop in New York, and then expand to other places when the time is right."

"Good chairman." Cao Jiaxin nodded.

Su Chen then looked at Bernice's report. There was no problem with this report, but the investment in Qualcomm has not been profitable.

In addition, not only the commercial credit managed by Sandy, but also Cisco has made a small profit.

After Sandy took office, he made a lot of adjustments to the business of the commercial credit company. As Su Chen told him at the beginning, he gave power to money and people to others. He never even gave instructions on the development of commercial credit.

Having said that, if Su Chen needs to do anything, even if he has three heads and six arms, he will be exhausted to death.

It seems that Sandy's stake should be increased appropriately.

Bernice manages many companies, including technology-based companies like Qualcomm, Mentor Graphics, Matlab, and Cisco, as well as companies like Commercial Credit.

Although it looked a bit messy, Bernice managed it in an orderly manner.

No wonder Old Eaton had a look of reluctance when Bernice took office.

Qualcomm, like ASML, is a business that burns money in the early stage, but once it gets through that period, the benefits it brings in the later stage are also quite substantial.

Shengshi is completely a mixed holding company. In addition to capital operation through holding, it also engages in some production and operation businesses.

And now Sheng Shi is completely the stupid son of a landlord who is stupid and has a lot of money.

Specialize in doing business that others are not optimistic about at all.

Such as Qualcomm, lithium batteries.

And these have not yet threatened the industry, just like Hong Kong Prosperity, at the beginning, it was like a grain of sand in the ocean, unable to attract the attention of others.

When the fangs are opened, everyone will pay attention to it and start to try their best to get rid of it.

So Su Chen is not worried about external strangulation, he is only worried about internal attacks.

Such as the manager's betrayal and other things.

Especially high-tech things. After all, the people who are engaged in those jobs have technology. If they don't do it in the prosperous age, they can start from scratch.

Insisting on not going public, he has to discuss everything with the board of directors except what he doesn't like. He is also wary of managers and outsiders who will overthrow him through equity.

As for financial companies, it will not cause the encirclement and suppression of the industry.

There are not [-] financial companies on Wall Street, but at least [-] to [-]. Otherwise, this would not be called the world's financial center.

It's still the same as before, let's develop obscenely first.

As long as you can survive the 90s and accumulate enough experience, you will be able to deal with encirclement and suppression from all directions, even from the US government.

"Well done, Miss Bernice." Su Chen said appreciatively, "It seems that I should consider giving you a raise."

"Then thank you boss." Bernice said with a smile.

Su Chen nodded, "But right now, our most important thing is to repay Wells Fargo's loan, so everyone needs to work harder."

"Yes!"

……

After reading the report, the few of them went to dinner together, and Su Chen went to inspect the company.

Jet lagged with exhaustion.

Only part of the entire building is used, and the other part is rented out, which can increase additional income.

A group of people went directly to Shengshi's office floor.

"Miss Bernice, someone is here to visit you. It is Mr. Peter Peterson from the Blackstone Group and his partner, Mr. Stephen Schwartzman." A female staff member said to Bernice, "He is now In the company, do you need an interview?"

"Interview." Bernice said, "I'm very interested in their business."

"Yes."

Su Chen thought about it for a while before he remembered what this company does.

The famous Blackstone Group.

However, it has only been established for two years now. Although it is called a group, it is just for bluffing. The entire company has only forty or fifty employees.

Now Blackstone is still unknown on Wall Street, and has suffered a lot of rejections during the fundraising process.

Later, it became one of the largest independent alternative asset management institutions in the world.

Maybe even the founders themselves don't know it.

"Let me meet with you too." Su Chen said, "I am also very interested in them."

"Good boss."

The two went to the reception room together, and there were two people sitting in it, two people in suits and leather shoes.

Seeing Bernice coming in, they hurriedly stood up and stretched out their hands: "Hi, Miss Bernice."

"Guys, hello." Bernice shook hands with them and pointed at Su Chen, "This is our chairman, Mr. Su."

"Hi Mr. Su, I'm Peter."

"Hi, I'm Stephen."

The two took turns shaking hands with Su Chen.

Su Chen nodded, "Hello, please sit down."

When the two parties were seated, Su Chen asked, "I don't know what business you want to discuss when you come to our company this time?"

"That's right, we are now doing a private equity investment fund." Peterson said, "We want to invite Sequoia Fund as an investor of our fund. Although our company has just been established, it will definitely allow Sequoia earned money."

Stephen took out a document, "This is the scope of our company's current business, please have a look."

Bernice took it.

Su Chen looked at them seriously, "Guys, I like you two, but what I want to know is, how many investors do you currently have?"

(End of this chapter)