The investment era of rebirth

"President Su, congratulations!"

Seeing Su Yu's arrival, the branch president of Huashang Bank, who was chatting happily with Yu Xiaobing, approached Su Yu with a smile, and stretched out his hand to greet him: "This is the first time I have seen such a hot fund share subscription site in my life. Mr. Su's influence in the domestic asset management industry is really breathtaking."

"President Li, you are being polite." Su Yu said with a chuckle, "I would like to thank President Li for coming to supervise the work in person today."

President Li responded with a smile: "It should be. After all, Mr. Su, your company is the most important customer of our branch. If we can't serve you well, wouldn't it be our dereliction of duty? To put it bluntly... our bank is only in the service industry. They are our food and clothing parents."

"Haha..." Su Yu laughed loudly and said, "President Li's words are really funny."

"Tell me the truth." President Li kept his posture quite low, "Our entire sub-branch is indeed counting on Mr. Su for dinner, so I hope we can... deepen some cooperation in the future."

Su Yu glanced at him, nodded slightly and said: "President Li is indeed an excellent partner, don't worry... I am very old-fashioned, as long as everyone can cooperate happily, I have no reason not to continue to cooperate with you, but During the cooperation period, President Li has to fight for some favorable conditions for us."

"It's natural." President Li said, "It would be even better if your company is willing to accept new loans. Recently, the country has a policy in this regard. If President Su needs it, I can get 10 for your company. Low-interest loans of less than [-] million yuan."

Su Yu responded with a smile: "That's unnecessary."

At present, there are still hundreds of millions of cash lying in the company's capital account.

Moreover, the company's essential main business is asset management business, not an asset-heavy business. It doesn't need much operating funds at all, and loan management is really unnecessary.

"President Su flatly refuses every time, and always leaves no room for my good intentions." President Li said with a chuckle, but he also knew that Su Yu would definitely not accept the loan business he proposed. After all, Yu Hang The investment company's cash flow is extremely abundant, and the company's current operations have not encountered any need for rapid expansion.

Su Yu smiled and said: "President Li's kindness, I am sure I understand it, don't worry, if one day our Yuhang Investment Company has a loan demand, we will never forget President Li at the first time, but... I just don't know where it is Now, is President Li willing to help?"

As a top domestic banking institution like 'Chinese Merchant Bank', Su Yu knows their temperament best.

That is, when you don't need money, they will often try to force it to you; when you just need money, the amount of loan that may be needed with a high probability may not be approved.

The so-called "open an umbrella on a sunny day, and close the umbrella on a rainy day".

Under the strict internal risk control system of financial institutions, this is often the truest portrayal.

"What did Mr. Su say?" President Li said with a chuckle, "The credit rating of your 'Yuhang Investment' has always been quite high-quality within our bank. As long as Mr. Su says a word, the loan amount, let alone 10 20 million, [-] billion and I will also help you apply for Mr. Su's company."

Now the asset management scale of Yuhang Investment Company has reached about 300 billion.

According to the asset management scale of 300 billion, even if the excess performance share obtained by Yuhang Investment in the asset management business is not counted, and only the fund management fee is calculated, the fund management fee for that year will exceed 10 billion. Calculate the various projects that Yuhang Investment has invested in in the past year, the equity and stock investments it has participated in, and the total income and assets of the company on the surface, all of which are far beyond the scale of 20 billion.

In this way, after a preliminary assessment, it is really not too difficult to get a loan of 20 billion from a banking institution.

It was also because there was no great difficulty that President Li dared to swear these words in front of Su Yu at this moment.

Of course, if Yuhang Investment is really willing to lend so much money, President Li is also very happy from the bottom of his heart, because he knows that for Yuhang Investment Company at this moment, the figure of 20 billion is not too big if the other party pays it back. burden.

"20 billion?" Hearing President Li mentioning this figure, Su Yu was slightly surprised, and said, "President Li really thinks highly of our Yuhang Investment Company."

President Li responded: "It's not that I think highly of your Yuhang Investment Company, it's that I know Mr. Su's unique ability to make money in the domestic financial market. As far as the domestic financial trading market is concerned, the figure of 20 billion is really great for Mr. Su." It’s a piece of cake.”

"President Li wears such a tall hat, I'm really flattered!" Su Yu replied.

As the two of them chatted briefly, the number of shares that can be purchased for the entire 'Yuhang No. 3' fund decreased sharply, while the funds entered in the special escrow account of the Chinese Mercantile Bank were rapidly increasing. Expansion, step by step towards the [-] billion mark.

At 10:15 in the morning, the remaining fund shares dropped sharply to 35.25 billion.

At 10:45, the remaining shares of the fund that can be purchased dropped sharply to 22.32 billion, and the flow of investors gathered in the company at this moment still did not show any decreasing trend.

At 11:02, the remaining share of the fund that can be subscribed began to drop sharply to less than 20 billion. At this time, the flow of investors gathered in the company became more and more intense. Jumped in line and almost got into a fight.

At 11:30, when the markets in the two cities were frozen and the market closed at noon, the flow of investors in Yuhang Investment Company still did not decrease in the slightest. The anxiety and urgency of the public has also become more and more serious. Of course... Amid everyone's anxiety and urgency, some speculators have begun to resell the newly acquired fund share contracts at a premium.

At 11:55, close to 12:3 noon, the available subscription shares of the entire 'Yuhang No. 5' fund began to drop sharply to less than [-] million, that is, the entire offline subscription was active, and it has also entered the final stage.

And at this time, in addition to the hundreds of people gathered in the reception conference room, the crowd queuing up outside the company finally began to disperse after knowing that the chances of success in the subscription were slim. Of course... at this stage, the premium price The number of investors buying fund share contracts in other people's hands also increased instantly.

At 12:16, under the last rush of everyone, the offline subscription activity of the 'Yuhang No. 3' fund came to an abrupt end after all the fund shares available for subscription were sold out.

In the end, throughout the morning, a total of 3678 offline investors were received.

The entire offline purchase activity of the 'Yuhang No. 3' fund was a complete success.

"Finally it's finished, I'm exhausted." At around 12:40, in the company's already empty reception conference room, Yu Xiaobing, the manager of the company's fund business department, wiped the sweat that had flowed from his forehead countless times, and said to Su Yu reported, "The online and offline subscription activities have been successfully completed. According to the background data, a total of 7592 investors participated in the subscription of our newly issued fund, of which... 139 investors participated A top subscription of 1000 million shares."

"Okay!" Su Yu patted Yu Xiaobing on the shoulder lightly, then looked around at the staff in the conference room and the several working groups stationed by Chinese Commercial Bank, and said with a smile, "Thank you for your hard work, Secretary Li Lunch has been arranged, let's eat together at noon today."

After finishing speaking, Su Yu and President Li of Chinese Commercial Bank walked out talking and laughing together.

Yu Xiaobing and other employees of the company followed behind them.

When we arrived at the place to eat, Secretary Li Xiaoling and several employees from the company's administrative office had already arranged everything, including delicacies from mountains and seas, and Xiuzhen delicacies.

Seeing the delicious food on the table, everyone's stomach was rumbling.

After all, it is already past 1 o'clock in the afternoon. Under the high-intensity work environment, everyone is already hungry and their chests are pressed against their backs.

"Everyone sits and eats whatever you want, you're welcome." Su Yu looked at the company employees who worked hard in the morning, the working group of the Chinese Commercial Bank, as well as some personnel from the media and the Securities Regulatory Bureau, and said, "Today's company's fund issue It is thanks to everyone's hard work and support that we can achieve such great success in our work."

After finishing speaking, Su Yu gently picked up a glass of wine from the table and toasted everyone.

After he finished expressing his position, everyone was more casual afterwards. Some talked loudly, some gobbled it up, some tried to build relationships, drank with each other, some celebrated each other, and talked about the future... In short, after the intense work in the morning, this Everyone relaxed in unison.

Su Yu drank two glasses of wine, finished his meal briefly, and then let Yu Xiaobing control the field, and returned to the company with his secretary.

After all, although the sale of the 'Yuhang No. 3' fund has been successfully completed, the next... closed operation has just begun.

When Su Yu returned to the company, he hadn't had time to come to the trading room.

On his mobile phone, a series of congratulatory text messages have already flooded in. At the same time...the news about the 3 billion quota of the 'Yuhang No. 100' fund, which was sold out within half a day, also quickly appeared on major domestic financial news websites. The headlines on the front page have aroused the attention and discussion of the entire domestic asset management and investment community.

"What speed is this? The 100 billion fund was sold out within half a day?"

When all kinds of news about the 'Yuhang No. 3' fund products were flying in the sky, at this moment, the general manager of Yuhang and Jingda Investment Company, Gu Chijiang, was shocked: "Even if it is to build momentum in advance, the public offering funds in the industry The sales are not so fast, when... the domestic high-net-worth customer group became so crazy?"

If they want to issue a new fund, it can be said that they are begging their grandpa and suing their grandma, and no one is willing to apply for it.

However, once this happened to 'Yuhang Investment Company', the result would completely overturn the three views of the industry.

"Maybe this is the charm of 'wealth'!" Beside Gu Chijiang, fund manager Lin Tingzong couldn't help but sigh, "In fact, the most fundamental reason for the coldness of the market is not because the market is short of money, but because everyone can't see enough money." Money-making effect, unwilling to invest in.”

In Lin Tingzong's view, the issuance of the 'Yuhang No. 3' fund can achieve such a huge success.

Its reason, nothing more than the case.

That is, as the manager of the fund, Su Yu has condensed this extreme money-making effect, so no matter how cold the stock market investment environment is, these investors are still willing to spend a lot of money under the extreme money-making effect, investing desperately, even It is rushing to invest.

"You're right." Gu Chijiang nodded, "The profit-making effect created by the myth of performance has made those high-net-worth investors in the market lose their minds in an instant. Private equity products, the half-day sales miracle of 100 billion, It’s really unheard of in the entire industry.”

Such a sales myth.

It is foreseeable that Su Yu will not only be promoted to the top position of star fund manager in the industry, but also 'Yuhang Investment Company' will be promoted to the position of a domestic first-class private equity fund company.

This is something Gu Chijiang couldn't ask for, but he was extremely envious of it.

Similarly, at the moment when the core fund managers of Jingda Investment were extremely shocked, and the three views were subverted.

Among non-private equity institutions, such as the self-operated investment department of Huashang Securities, a first-class large-scale asset management institution in China, the internal core asset management personnel were stunned for a while when faced with the fund sales myth just created by the 'Yuhang No. 3' fund product. Horror inexplicable.

"Hehe, the sales scale of 100 billion in half a day, even if it is our public offering fund, it has been several years since we haven't seen it?" Liao Guanghua, general manager of the self-operated investment department of Yanjing, Huashang Securities, couldn't help feeling, "Yuhang Investment This President Su is really getting better and better!"

"The sales scale of 100 billion in half a day has not been seen in recent years, and the sales speed of mixed investment stock fund products has never appeared before." The assistant next to Liao Guanghua took the words and said, "This time 'Yu Hang The launch of the No. 3 fund simply shattered the three views of the industry."

Liao Guanghua nodded slightly and said: "It's amazing! I heard that when this fund was publicly offered, the issuer also stipulated the upper limit of each investor's subscription share?"

"Yes!" The assistant responded, "An individual can purchase up to 1000 million shares."

When Liao Guanghua heard that the rumors were true, he couldn't help admiring: "It's amazing. After limiting the upper limit of individual purchase shares, it is really amazing to still achieve this sales result."

"Indeed." The assistant replied, "Now that the news broke out, the entire domestic asset management industry is boiling."

Liao Guanghua nodded and said: "It's good to boil it up. Before, everyone said that the market is short of money, the fund cannot be issued, and domestic investors have no awareness of investing in fund products. Now... I'm afraid no one dares to say that? Really? Amazing, the status quo in the domestic industry has been completely broken by him alone."

And just as Assistant Liao Guanghua guessed.

At this moment, the entire domestic asset management industry, whether it is private equity, public equity, or state-owned asset management background, all asset management professionals in the industry, facing the sales myth created by the 'Yuhang No. 3' fund, have three views Breaking apart, I feel completely incredible.