The investment era of rebirth

Chapter 561 The Journey of the Bull Market ([-])!

"Can you massage?" Su Yu asked with a smile.

Li Meng gently sat beside him, put her slender and fair fingers on Su Yu's shoulders, rubbed him gently for him, and said with a smile, "Although I don't know how to do it either, it's better than rubbing it blindly by yourself."

"That's right!" Su Yu sniffed the elegant fragrance on her body and lay down on the sofa.

Li Meng found a suitable position, continued to rub Su Yu for a while, and said, "You really want to buy the company 'Anzhao Fund'?"

"Yeah!" Su Yu lay on the sofa and said, "If Mr. Wu of the 'Oriental Group' is willing to sell it."

"But our company's cash flow is already tight at present, so we don't have so much money to use for outreach mergers and acquisitions!" Li Meng said, "And the company's assets and asset management volume, for us, are actually The significance is not great, the acquisition of such a company always feels that it will not help our company's development much, and the cost performance is not high."

Su Yu said: "Currently, the 'Oriental Group' has the risk of breaking its capital chain. At this time, we will purchase the company's assets under it, and the other party's asking price will not be too high. At the same time, the reason why I intend to acquire the 'Anzhao Fund' is The company is not interested in its assets and future development potential, but in the company's several fund licenses and the other party's mature trading team."

"Before we analyzed..."

"I feel that the market bull market is getting closer and closer. The development of the domestic asset management industry and financial industry, with the approach of the bull market, has obviously reached an inflection point."

"When the industry cycle outbreak is getting closer and closer, we, as market participants."

"No matter what, we have to prepare in advance and prepare enough bullets to seek more benefits and profits during the outbreak of the industry cycle. With the current reputation and influence of our 'Yuhang Investment' in the domestic financial investment market, At this time, we are going all out to expand our business scale and waiting for the market to reverse, which is the most beneficial strategic preparation for the future development of our company.”

"We must strike while the iron is hot!"

"Under the influence of sentiment, the market wind direction changes very quickly."

"Our 'Yuhang Investment' still has this kind of appeal among the majority of investors in the market. If so, then we will take advantage of the trust of investors in our institution and the effect of fanatical pursuit of the wind to make our company's asset management Raise the scale further, and then develop and develop.”

"Company management is like sailing against the current, if you don't advance, you will retreat."

"Don't look at our institution currently holding tens of billions of capital, being trusted by our investor group, and many people in the industry. Every word and deed has a huge influence on the market, but believe it or not... as long as we Once the net value of several core funds of the institution drops slightly, the trust and fanatical pursuit of investors in us will disappear in an instant.”

"So, the scale of tens of billions is not the development goal of our organization, nor should it be the development goal of our organization."

"Continue to move upwards, climb the threshold of [-] billion asset management scale, and truly achieve the two major businesses of fund management and private equity investment. When both legs can walk soundly, perhaps our institution's ability to bear risks will have a significant improvement. And we were able to relax a little bit.”

"Now, it's not time for us to be complacent and to relax."

"As for what you just said, our company's cash flow is tight..."

Su Yu paused, and then said: "Not long ago, we applied for a 10 billion loan from Huashang Bank. Although it was blocked by the Credit Risk Control Department at Yanjing Headquarters, the loan has not been cancelled. , will still be released to our company.”

"With this 10 billion loan, our company's current cash flow problem will be greatly alleviated."

"Moreover, the overall scale of the company 'Anzhao Fund' is small, and its internal assets are extremely limited. Even if there is a premium to acquire this company, the valuation will not exceed 1 million. The current impact on our company, In reality, it’s pretty small.”

"And after we actually acquire it..."

"Several main funds under Anzhao Fund are fully included in the management of our 'Yuhang Investment', and the meaning in the hearts of investors in the market is completely different."

"This company, in the hands of Mr. Wu of the 'Oriental Group', is only worth [-] million at most."

"But in our hands, the value presented is estimated to be more than 10 billion."

"So, no matter from which direction we analyze it, as long as the 'Oriental Group' is willing to sell this company, we will not lose money."

"Of course, the root cause is that our company is too slow in cultivating traders."

"Also, the scale of our company is expanding too fast, and the talent pool is obviously not keeping up with it. Mergers and acquisitions of similar companies to expand the talent pool are the fastest shortcuts for our development."

After listening to Su Yu's analysis, Li Meng suddenly became less resistant to his desire to acquire 'Anzhao Fund', and said, "All right, since that's the case, then I have no objection."

"but……"

Li Mengmeng thought for a while, and then said: "With the 10 billion in bank loans, plus the 10 billion we borrowed from the 'Zhenhua Capital Group', the current debt ratio of our institution can be said to be soaring all the way. What if the follow-up market Something unexpected happened, the 'bull market' we expected didn't come so soon, will there be any problems?"

After all, she knew that the 10 billion loan that the company applied for from the Chinese Commercial Bank was not a long-term loan, but a half-year short-term loan.

And the 'Zhenhua Capital Group' borrowed 10 billion yuan.

Although the other party did not express a clear repayment date, its essence also has implicit conditions.

If the relationship between them and the Xie family of 'Zhenhua Capital' suddenly deteriorates, and the market changes, and there is a little surprise, then the company's current situation will not be able to solve the 20 billion funding gap all of a sudden.

"There is still one quarter, and the one-year net value settlement and opening time of the 'Yuhang No. 2' fund will be reached." Su Yu said, "The current net asset value of the 'Yuhang No. 2' fund has reached about 140 billion. , according to the agreement when the fund was established, even if the 'Yuhang No. 2' fund is settled at the current net asset value, we can at least reap more than 30 billion excess profits, which is enough to make up for the 20 billion arrears. "

not to mention……

Su Yu knows that when the time really reaches a quarter, when the net value of the fund is settled.

The net asset value of the 'Yuhang No. 2' fund, when the main line of the market has been confirmed and the bull market is getting closer, can still rise a bit. I am afraid that the excess profits obtained will be far more than 30 billion.

Moreover, in addition to excess profits.

According to the 4% fund management fee, they can also get at least 5 to 6 million fixed management fee income.

In short, on the whole, in the face of predictable short-term income, the company's current debt is not large, and there is no excessive operating risk.

"Okay!" Li Meng nodded, "If you think there is no problem, that's fine."

Although Su Yu has always respected her opinion, in the final analysis, she only holds 1% of the company's real shares. According to the company law, she cannot influence any of Su Yu's decisions on the company's development.

"Yeah!" Su Yu responded, feeling a lot more relaxed, and couldn't help saying, "I feel better, and you are tired too, go to bed early!"

After speaking, Su Yu turned over and sat up.

But he didn't want him to get up suddenly, making Li Meng, who was leaning on his body and giving him a massage, completely lose his center of gravity, and instantly fell into Su Yu's arms, causing Su Yu to hug him warmly and softly.

"I'm going to bed."

The moment their skins touched, after a brief blank in their minds, Li Meng said.

Su Yu gave a soft 'hmm', and then saw Li Meng in his pajamas, got up and quickly went to his room.

After that, Su Yu couldn't help flashing the scene just now in his mind.

Sitting on the sofa, he thought wildly for a while, then went to the bathroom, took a cold shower, and then went to bed.

The next day, after waking up and having breakfast, Su Yu didn't ask Dai Lingna to drive to pick him up, but took Li Meng's car directly, and the two came to the company together.

When he arrived at the company, Su Yu met the company's management, and almost everyone had arrived.

So, as usual, a weekly morning meeting of the company's management was held, and I listened to the heads of various departments about this week's work arrangements. ' project, trying to find a way to try to contact the 'Eastern Group'.

After the morning meeting, Su Yu entered the trading room of the company's fund investment department.

Then, while checking the morning market announcements and important information, listen to the trading arrangements of each trading group, as well as everyone's trading strategy ideas.

According to the market sentiment in the morning, as well as the popularity of topics on major stock discussion platforms on the Internet.

The core focus of the market is still the main line fields of 'infrastructure' and 'military industry' that changed across the board last Friday. As for popular stocks, 'Fushun Special Steel', 'Beijiang Communication Construction', 'LeTV', 'Huaguo' The enthusiasm of the stocks of MCC' and 'Huaguo Railway Construction' can be described as comparable.

"President Su, the check from 'Chengfei Technology' seems to be expected!"

At 9:10 in the morning, in the trading room, Zhang Guobing, the leader of the third group, said: "There are rumors in the market that the reorganization of this check with a certain military enterprise is already in the pre-plan stage of approval. The trend of individual stocks of leading concept stocks."

"'Chengfei Technology'?" Su Yu glanced at the check, and there were indeed some vague memories in his memory.

"And technically, the trend pattern, the degree of capital intervention, etc. are all pretty good." Zhang Guobing continued, "I think it can be laid out and hyped as an important fulcrum for the continuous divergence of the 'military industry' market. Of course ...The point is not this stock, the point is that we can bring out the hot concept of 'military industry asset restructuring' by making a check."

"I think what Guobing said is right." Zhao Lijun also continued, "If a big main line of the market wants to last longer, it has to dig deeper into its investment logic and hot concept direction, and there is no doubt Yes, the big concept of 'reorganization of military assets' superimposed on 'reform and reorganization of state-owned enterprises and state-owned enterprises' has a strong room for hype and expected imagination, and we can guide the market in this direction, which is completely promising."

"There is also the direction of 'big infrastructure'..." Seeing the opinions of the two, Liu Yuan said, not to be outdone, "Master, the line of 'big infrastructure', although the logic of the underlying expectations is 'accelerated progress of urbanization' , is the recovery of 'real estate and infrastructure', but in terms of hot spots and concept expansion, it can also be linked with the general policy direction of 'reform and reorganization of state-owned enterprises and state-owned enterprises' to expand expectations in depth."

"and also……"

Liu Yuan paused, and then said: "In terms of the expected increase in the general direction of 'infrastructure', that is, the direction of the 'New Era Silk Road', it can also be subdivided and expanded, which can link shipping and ports, so that the main line The scope of the market has been further expanded to fully maintain the depth of the profit-making effect and the continuity of market development.”

"In fact, in the futures market recently, the 'black line' has continued to bottom out and rebound."

"Although the signal of bottoming out is not clear yet."

"But this can be used as an expectation of cyclical reversal. If we combine the trend of the futures market and guide the market, we should be able to harvest some incremental funds that follow the trend, which will further help us open up the market situation and lay a solid foundation for the market." Hype sentiment base."

"Okay!" Su Yu listened to everyone's suggestions and said with a smile, "It's all very good. At present, we have grasped the initiative of the market situation. As long as you think it is right, you can use the funds in your hand to carry out your ideas." The verification of the temptation is just... If the market trend reflected by the market and the follow-up of funds on the market do not match your expectations, you still have to do a good job of stopping the loss, and don't sink deeper and deeper in the wrong direction of the trading strategy."

As the scale of the company's asset management becomes larger and larger.

At the same time, with the big money trading, actual battles again and again, in Su Yu's view, several core members of the trading team have now fully grown up, enough to be independent.

"Okay!" Several trading team leaders responded one after another, and then turned their attention back to the trading boards of the two cities.

And when everyone's eyes turned back to the trading boards of the two cities, the market trading time had already reached 9:15, and the two cities ushered in the initial call auction.

I saw that the stagnant disk started to beat again amidst the eyes of countless investors in the entire market.

Among them, the two main concept sectors of 'infrastructure' and 'military industry', as well as core concept stocks, as well as many popular stocks with high market attention, instantly attracted funds from all walks of life in the market to take care of them. At the moment when the call auction started, the trading situation was very intense.

(End of this chapter)