The male god of magic capital
Chapter 108 109 Buy, buy, buy! 1 million for 1 meal!
Chapter 108 109 Buy, buy, buy!1 million for a meal!
And Chengtian Holding Company.
Luo Cheng looked at the trend chart of the market. Today's plunge is over, and it should not be able to fall from tomorrow.
Then he ordered: "Close the short position on the stock index futures tomorrow, and then increase the position in the medical sector again."
"Yes, BOSS." Everyone was very excited. Today, the net value of most public funds has shrunk significantly, but Chengtian Public Fund is thriving.
Shorting stock index futures to hedge today is a pretty good strategy.
When everyone shorted the CSI 300 stock index futures before, they were worried that it would rise. Fortunately, it fell sharply, and it still plummeted.
You can close your position tomorrow, and after you close your position, you will buy the bottom of the medical sector. At that time, it will be the stock price that dominates the medical sector.
Then Luo Cheng opened the stock price chart of Daan Gene and looked at it. Today, the stock price of Daan Gene fell to 25.00. The family fund holds 100 million shares, worth 2500 million.
His family fund has long-term holdings of Daan Gene, and he will not close the position unless it is doubled by 4 to 5 times.
On the Hong Kong stock market, the 500 million shares of China Resources Medical held are at 4.20, worth 2200 million Hong Kong dollars. When the stock price reaches above 6.00 Hong Kong dollars, the position will be closed.
In addition, Chengtian Private Equity Fund has been short-positioned and has not bought any stocks. After the layout of Chengtian Public Fund is completed this time, he will operate Chengtian Private Equity Fund.
This private equity fund can't operate as casually as a public equity fund. Once you buy it, it's a sector. Luo Cheng's private equity fund is to operate with a full position, holding a heavy position in a high-quality stock, and striving to maximize profits.
After all, after private equity funds make money, they can share 20% of the profits, while public equity funds do not, but only charge management fees.
As for public offering funds, it is good to maintain a stable income. Anyway, public offering funds charge management fees. The larger the scale, the higher the management fees.
At this time, Jiang Manman came over and said, "Boss, the stock price of Chengtian Holdings was shorted yesterday, and it was shorted again today, and it has reached the limit."
The stock price of Chengtian Holdings was at 1000 yuan per share yesterday, but it plummeted by 20% in late trading to 800 yuan per share.
Today's limit has dropped to 560 yuan per share, and the market value has shrunk from 10 billion to 5.6 million.
"BOSS, someone is deliberately shorting our company."
Many employees of Chengtian Holdings bought the company's shares. At this moment, the stock price fell to 560 yuan per share, and everyone was very happy.
"Is it those bastards who came to short Chengtian Holding Company?"
"The performance of our Chengtian Public Fund is so good, and there is that short-sighted person to short?"
"That's strange, are the short sellers mentally retarded?"
"The stock price dropped from 1000 yuan to 560 yuan is really annoying."
"I asked my parents to buy 1000 shares at 100 yuan, and now the loss is terrible."
"That wicked ghost came here to short."
"The company's stock price was indeed inflated before, but the performance of Chengtian Public Fund is so good, can't these short sellers see it?"
"I heard that Citibank has sold all its stocks to retail investors at a high level, and the withdrawal was really fast, as if they knew that the company's stock price would be shorted sooner or later."
"I don't know that those short-sighted guys came to short. Everyone borrowed money to buy stocks and made him liquidate."
···
Later, Luo Cheng opened the stock of Chengtian Holding Company, the trading volume was not large, but there were many short positions, and the stock price unexpectedly fell to 560 yuan per share.
The total share capital of this Chengtian Holding Company is only 100 million shares, 25 tradable shares. It was re-listed before, and Citibank spent 1 million. After it was packaged and taken away, it has now been sold to retail investors.
Now 25 shares are in circulation among retail investors.
The 20 hedge funds under the Roche Family Foundation hold 75% of the shares. Now the stock price has been shorted, and it is still worth 4.2 million.
There is still a lot of negative news in the forum post bar, saying that Chengtian Holding Company is not worth that much market capitalization.
Black fans: "The subsidiaries of Chengtian Holding Company are all masters of burning money. Many subsidiaries have been hit by Cangshan Group and are facing serious crises. Chengtian Public Fund and Chengtian Private Equity Fund are in high-risk financial markets. There will be big losses in the market at any time, Chengtian Public Fund has shorted a large number of stock index futures, and the Shanghai and Shenzhen 300 Index will skyrocket at any time, causing it to suffer huge losses."
"The assets of this Chengtian Holding Company are all fictitious, and they don't know value investing at all. Let's sell its stocks."
"This company is just raising funds to speculate in stocks, and it will lose money at any time. Chengtian Public Fund and Chengtian Private Equity Fund are worthless at all."
"This Chengtian holding company has a debt of 14 billion, and it will become insolvent at any time."
"Everyone come short, I have already made 30% short."
"There will definitely be a limit down tomorrow."
···
Jiang Manman asked anxiously: "Boss, let them do this?"
Luo Cheng sneered: "Let them go short, and then let them liquidate their positions together."
The next day, Friday, June 11.
The share price of Chengtian Holding Company was directly hit by the limit, and fell to the 392 position, Wori!
These short sellers were really ruthless, and immediately closed the limit at the opening, leaving Chengtian Holdings with a market value of 3.92 million.
Many employees can't sit still.
Jiang Manman asked: "Boss, do you want to call in employees to protect the market? Now the stock price is falling, everyone can buy it."
Luo Cheng: "Don't worry about it for the time being, wait for the stock price to fall again, everyone can buy at a lower position."
In fact, the stock price of Chengtian Holdings Company is indeed inflated, and it is only now that it returns to its true value, and then it will be fine to let the stock price rise back slowly.
At that time, the scale of the public offering fund will continue to expand, and the private equity fund will make a profit, and the 14 billion debt of Chengtian Holding Company will be settled, and the market value of Chengtian Holding Company will increase by ten times.
These short sellers don't know what to do.
Because once the short sellers liquidate their positions, the stock price will increase.
Just like on Jiu'an Medical Group, Bai Zhanfei broke his position, causing the share price of Jiu'an Medical Group to skyrocket.
At this time, in the Huangpu trading group.
Nirvana in stock trading: "God, we will help you protect the market."
Dropping out of school to speculate in stocks: "Liu Canghai, Fang Xinyu and others are short, we just bought"
Stocks to support a family: "I will enter the market immediately."
Then Zhou Yuanping, Zhang Hanlin, and Ling Guangchang started buying.
In just 15 minutes, a floor board was directly pulled out, and the stock price of Chengtian Holdings Company rushed to 728 yuan per share.
Luo Cheng is happy.
so fun.
The market value of this Chengtian Holding Company is still very small, and the trading volume is also very small.
After all, with 25 shares in circulation, the daily trading volume is only [-] to [-] shares.
A sudden sum of money, whether it is long or short, can make its stock fluctuate greatly.
Obviously, the three of them invested at least five million yuan.
Now the stock price has returned to 728 yuan per share.
But it didn't take long for the board to blow up, plummeted again, and then fell to the limit, falling to the 392 position.
Then the board exploded again, and the stock price was exploded again, rushed to the 728 position, and reached the limit again.
For the mud horse, first the opening limit is lowered, then the floor is hit, then the floor is hit, and then the ceiling is hit again. The long and short sides are fighting so fiercely!
In the Whampoa trading group.
Nirvana in stock trading: "Male god, I have become a shareholder of your company, holding 1 shares."
Dropping out to speculate in stocks: "I also hold 1 shares."
Stocks to support the family: "I also bought 1 shares."
If all three hold 1 shares, they each hold 1% of the shares.
Luo Cheng: "Okay, remember to hold it for a long time, don't sell it."
So Luo Cheng no longer manages the stock of Chengtian Holding Company, and focuses on the Shanghai and Shenzhen 300 Index and the Shanghai Composite Index.
But the CSI 300 Index could no longer fall, so Luo Cheng ordered: "Close the short position in stock index futures, and prepare to increase the holdings of the medical sector."
"Yes, BOSS" Then everyone closed out 300 short positions in CSI 1 stock index futures, making a profit of 8 million.
At present, the working capital of Chengtian public offering fund is as high as 80 billion, and it will increase its holdings of medical sector stocks again at any time.
"Boss, do you want to start increasing your holdings?"
At 10:15 in the morning, Luo Cheng saw that the market seemed to be going strong, so he said, "This time, we put the funds of Chengtian Public Fund in 6 stocks in the medical sector, and put [-]% of the funds in each stock, with a high holding ratio." Yes, sell it."
"Yes, BOSS!"
Everyone has started to adjust their positions. If you buy more, you will sell them, and if you buy less, you will buy them, and the investment will be controlled at 6%.
The previous investment ratio in each stock exceeded 7%, and now it is changed to 6%.
So everyone got busy.
"Zhifei Biological, buy!"
"Huadong Medicine, buy!"
"Tiger Medicine, buy!"
"Jiuan Medical sells 100 million shares!"
····
"Aier Ophthalmology, first buy 1000 million shares"
Chengtian Public Fund quickly adjusted positions and exchanged shares.
I also re-purchased Aier Ophthalmology, which just completed the review two days ago, and now I bought it again, and there is no one else.
The stock price of Aier Ophthalmology also skyrocketed.
Zhifei Biological, up.
Huadong Medicine, up.
Tigermed rose.
···
Time flies, and in the afternoon, the market began to strengthen, and the entire medical sector also strengthened.
Jiu'an Medical Group, WuXi AppTec Group...Watson Bio, Hengrui Medicine's stock prices are all rising. Although the increase is not very large, there are a lot of floating profits on the books of Chengtian Public Fund, and the net value of the account is higher than yesterday's Another 6 million more.
The net worth increased to 160 billion.
When the market closes, the latest net worth is announced.
Unit Net Value: 1.3277 (+3.89%)
"Wow, the net worth has increased by nearly 4 points."
"It's really cool."
"If you invest 100 million, 4 points will be 4."
"Grandma, I wish I had known that I would sell more."
"If only I had bought the Chengtian public offering fund when it was first launched, it would be 32.77% of the income now."
"Yeah, the income of this Chengtian Public Fund is so high."
"It's already 32.77%, how long has it been?"
"This public offering fund is really stable and suitable for investment."
···
Today is Friday, at 5 pm, Jiang Manman walked to Luo Cheng's office.
"Boss, the president of Fenghua Financial Management Company wants to invite you to dinner and ask if you are free?"
Luo Cheng said indifferently: "Ask how many funds they want to subscribe. If it is less than 20 billion, just say I'm not available."
If you subscribe for 20 billion, that is 5000 million management fees. Does it cost 5000 million to have a meal with BOSS?
"Okay, boss!" Jiang Manman hurriedly asked.
Soon the other party said that they planned to subscribe for 40 billion, and Luo Cheng was stunned when he heard it.
This is the first time an organization has subscribed for 40 billion. This amount is quite large, and it can bring 1 million in management fees. Damn it!
"Help me make an appointment with the president of Fenghua Financial Management Company, I'll treat him to dinner"
"It's set at the nearby Shangri-La Hotel."
"Okay, BOSS!" Jiang Manman hurried to make arrangements.
It was 7 o'clock in the evening.
In the restaurant of Shangri-La Hotel, Luo Cheng waited for the president of Fenghua Financial Management Company, Li Zongchao, about 40 years old, wearing a black suit, blue tie, long hair and big ears.
"President Li, this is our boss, Mr. Luo Cheng."
Li Zongchao's eyes widened.
"Mr. Luo, I didn't expect you to be so young. Huhu, I was really surprised. I thought you were about the same age as me."
"Mr. Li, welcome, come and sit down"
"I heard that you like black truffle shrimp dumplings, so I asked the hotel chef to make a special one. See if you like it or not."
"Haha, Mr. Luo has a heart."
Then the two chatted while having dinner.
Li Zongchao was quite interested in Luo Cheng's family history.
"Mr. Luo, you are a legendary financial god in the capital city. In just a few months, you spent 1 to more than 3000 million."
"I read your private equity fund performance, the first battle is 40%, and the performance of public equity funds is very stable."
Luo Cheng smiled and said, "Mr. Li, are you going to invest in Chengtian Private Equity Fund or Chengtian Public Fund?"
"For private equity funds, the annual management fee is 2%, and a 20% profit commission is charged, and cannot be redeemed within one year, while for public equity funds, the management fee is 2.5%."
Li Zongchao thought for a while and said, "Our Fenghua Wealth Management Company is not pursuing huge profits, but stable income. Therefore, we plan to invest this fund in Chengtian Public Fund."
Although he also wants to invest in private equity, after all, the profit of private equity funds far exceeds that of public equity funds, and they can have huge profits, but huge profits also mean risks.
However, the income of Chengtian Public Fund is very stable, and the drawdown of funds is small. When the market plummeted, Chengtian Public Fund was actually profitable, which shows the strength of Luo Cheng.
Luo Cheng smiled and said, "Okay, let Cheng Tian raise funds, and we will sign the contract later."
After dinner, the 40 billion investment agreement was drawn up on the spot.
40 billion funds, 2.5% management fee, that is 1 million.
Fenghua Financial Management Company paid a total of 41 billion funds!
It's wonderful to have a dinner, get 40 billion investment, and collect 1 million management fees.
Thinking of the guy who shorted Chengtian Holding Company before, Luo Cheng sneered.
Now the asset scale of Chengtian Public Fund has reached 200 billion, and the annual management fee is 2.5%, which is 5 million.
Although Chengtian Holdings is still in debt of 14 billion, and its high-tech subsidiaries are all burning money, and other subsidiaries are squeezed by Cangshan Group, but this terrible management fee is placed here, and the stock price will not rise ?
Jiang Manman said: "Boss, do you want to announce it now?"
"Well, today is Friday, tomorrow is Saturday and Sunday, let the short sellers be tortured." Luo Cheng sneered.
"Okay, Boss, maybe the stock price will go up to the limit at the opening of the market next week." Jiang Manman was very excited.
Then Chengtian Holdings announced that its public offering fund received 40 billion investment, and the management fee was 1 million!
This news is like a sledgehammer, hitting Kongtou on the door!
(End of this chapter)
And Chengtian Holding Company.
Luo Cheng looked at the trend chart of the market. Today's plunge is over, and it should not be able to fall from tomorrow.
Then he ordered: "Close the short position on the stock index futures tomorrow, and then increase the position in the medical sector again."
"Yes, BOSS." Everyone was very excited. Today, the net value of most public funds has shrunk significantly, but Chengtian Public Fund is thriving.
Shorting stock index futures to hedge today is a pretty good strategy.
When everyone shorted the CSI 300 stock index futures before, they were worried that it would rise. Fortunately, it fell sharply, and it still plummeted.
You can close your position tomorrow, and after you close your position, you will buy the bottom of the medical sector. At that time, it will be the stock price that dominates the medical sector.
Then Luo Cheng opened the stock price chart of Daan Gene and looked at it. Today, the stock price of Daan Gene fell to 25.00. The family fund holds 100 million shares, worth 2500 million.
His family fund has long-term holdings of Daan Gene, and he will not close the position unless it is doubled by 4 to 5 times.
On the Hong Kong stock market, the 500 million shares of China Resources Medical held are at 4.20, worth 2200 million Hong Kong dollars. When the stock price reaches above 6.00 Hong Kong dollars, the position will be closed.
In addition, Chengtian Private Equity Fund has been short-positioned and has not bought any stocks. After the layout of Chengtian Public Fund is completed this time, he will operate Chengtian Private Equity Fund.
This private equity fund can't operate as casually as a public equity fund. Once you buy it, it's a sector. Luo Cheng's private equity fund is to operate with a full position, holding a heavy position in a high-quality stock, and striving to maximize profits.
After all, after private equity funds make money, they can share 20% of the profits, while public equity funds do not, but only charge management fees.
As for public offering funds, it is good to maintain a stable income. Anyway, public offering funds charge management fees. The larger the scale, the higher the management fees.
At this time, Jiang Manman came over and said, "Boss, the stock price of Chengtian Holdings was shorted yesterday, and it was shorted again today, and it has reached the limit."
The stock price of Chengtian Holdings was at 1000 yuan per share yesterday, but it plummeted by 20% in late trading to 800 yuan per share.
Today's limit has dropped to 560 yuan per share, and the market value has shrunk from 10 billion to 5.6 million.
"BOSS, someone is deliberately shorting our company."
Many employees of Chengtian Holdings bought the company's shares. At this moment, the stock price fell to 560 yuan per share, and everyone was very happy.
"Is it those bastards who came to short Chengtian Holding Company?"
"The performance of our Chengtian Public Fund is so good, and there is that short-sighted person to short?"
"That's strange, are the short sellers mentally retarded?"
"The stock price dropped from 1000 yuan to 560 yuan is really annoying."
"I asked my parents to buy 1000 shares at 100 yuan, and now the loss is terrible."
"That wicked ghost came here to short."
"The company's stock price was indeed inflated before, but the performance of Chengtian Public Fund is so good, can't these short sellers see it?"
"I heard that Citibank has sold all its stocks to retail investors at a high level, and the withdrawal was really fast, as if they knew that the company's stock price would be shorted sooner or later."
"I don't know that those short-sighted guys came to short. Everyone borrowed money to buy stocks and made him liquidate."
···
Later, Luo Cheng opened the stock of Chengtian Holding Company, the trading volume was not large, but there were many short positions, and the stock price unexpectedly fell to 560 yuan per share.
The total share capital of this Chengtian Holding Company is only 100 million shares, 25 tradable shares. It was re-listed before, and Citibank spent 1 million. After it was packaged and taken away, it has now been sold to retail investors.
Now 25 shares are in circulation among retail investors.
The 20 hedge funds under the Roche Family Foundation hold 75% of the shares. Now the stock price has been shorted, and it is still worth 4.2 million.
There is still a lot of negative news in the forum post bar, saying that Chengtian Holding Company is not worth that much market capitalization.
Black fans: "The subsidiaries of Chengtian Holding Company are all masters of burning money. Many subsidiaries have been hit by Cangshan Group and are facing serious crises. Chengtian Public Fund and Chengtian Private Equity Fund are in high-risk financial markets. There will be big losses in the market at any time, Chengtian Public Fund has shorted a large number of stock index futures, and the Shanghai and Shenzhen 300 Index will skyrocket at any time, causing it to suffer huge losses."
"The assets of this Chengtian Holding Company are all fictitious, and they don't know value investing at all. Let's sell its stocks."
"This company is just raising funds to speculate in stocks, and it will lose money at any time. Chengtian Public Fund and Chengtian Private Equity Fund are worthless at all."
"This Chengtian holding company has a debt of 14 billion, and it will become insolvent at any time."
"Everyone come short, I have already made 30% short."
"There will definitely be a limit down tomorrow."
···
Jiang Manman asked anxiously: "Boss, let them do this?"
Luo Cheng sneered: "Let them go short, and then let them liquidate their positions together."
The next day, Friday, June 11.
The share price of Chengtian Holding Company was directly hit by the limit, and fell to the 392 position, Wori!
These short sellers were really ruthless, and immediately closed the limit at the opening, leaving Chengtian Holdings with a market value of 3.92 million.
Many employees can't sit still.
Jiang Manman asked: "Boss, do you want to call in employees to protect the market? Now the stock price is falling, everyone can buy it."
Luo Cheng: "Don't worry about it for the time being, wait for the stock price to fall again, everyone can buy at a lower position."
In fact, the stock price of Chengtian Holdings Company is indeed inflated, and it is only now that it returns to its true value, and then it will be fine to let the stock price rise back slowly.
At that time, the scale of the public offering fund will continue to expand, and the private equity fund will make a profit, and the 14 billion debt of Chengtian Holding Company will be settled, and the market value of Chengtian Holding Company will increase by ten times.
These short sellers don't know what to do.
Because once the short sellers liquidate their positions, the stock price will increase.
Just like on Jiu'an Medical Group, Bai Zhanfei broke his position, causing the share price of Jiu'an Medical Group to skyrocket.
At this time, in the Huangpu trading group.
Nirvana in stock trading: "God, we will help you protect the market."
Dropping out of school to speculate in stocks: "Liu Canghai, Fang Xinyu and others are short, we just bought"
Stocks to support a family: "I will enter the market immediately."
Then Zhou Yuanping, Zhang Hanlin, and Ling Guangchang started buying.
In just 15 minutes, a floor board was directly pulled out, and the stock price of Chengtian Holdings Company rushed to 728 yuan per share.
Luo Cheng is happy.
so fun.
The market value of this Chengtian Holding Company is still very small, and the trading volume is also very small.
After all, with 25 shares in circulation, the daily trading volume is only [-] to [-] shares.
A sudden sum of money, whether it is long or short, can make its stock fluctuate greatly.
Obviously, the three of them invested at least five million yuan.
Now the stock price has returned to 728 yuan per share.
But it didn't take long for the board to blow up, plummeted again, and then fell to the limit, falling to the 392 position.
Then the board exploded again, and the stock price was exploded again, rushed to the 728 position, and reached the limit again.
For the mud horse, first the opening limit is lowered, then the floor is hit, then the floor is hit, and then the ceiling is hit again. The long and short sides are fighting so fiercely!
In the Whampoa trading group.
Nirvana in stock trading: "Male god, I have become a shareholder of your company, holding 1 shares."
Dropping out to speculate in stocks: "I also hold 1 shares."
Stocks to support the family: "I also bought 1 shares."
If all three hold 1 shares, they each hold 1% of the shares.
Luo Cheng: "Okay, remember to hold it for a long time, don't sell it."
So Luo Cheng no longer manages the stock of Chengtian Holding Company, and focuses on the Shanghai and Shenzhen 300 Index and the Shanghai Composite Index.
But the CSI 300 Index could no longer fall, so Luo Cheng ordered: "Close the short position in stock index futures, and prepare to increase the holdings of the medical sector."
"Yes, BOSS" Then everyone closed out 300 short positions in CSI 1 stock index futures, making a profit of 8 million.
At present, the working capital of Chengtian public offering fund is as high as 80 billion, and it will increase its holdings of medical sector stocks again at any time.
"Boss, do you want to start increasing your holdings?"
At 10:15 in the morning, Luo Cheng saw that the market seemed to be going strong, so he said, "This time, we put the funds of Chengtian Public Fund in 6 stocks in the medical sector, and put [-]% of the funds in each stock, with a high holding ratio." Yes, sell it."
"Yes, BOSS!"
Everyone has started to adjust their positions. If you buy more, you will sell them, and if you buy less, you will buy them, and the investment will be controlled at 6%.
The previous investment ratio in each stock exceeded 7%, and now it is changed to 6%.
So everyone got busy.
"Zhifei Biological, buy!"
"Huadong Medicine, buy!"
"Tiger Medicine, buy!"
"Jiuan Medical sells 100 million shares!"
····
"Aier Ophthalmology, first buy 1000 million shares"
Chengtian Public Fund quickly adjusted positions and exchanged shares.
I also re-purchased Aier Ophthalmology, which just completed the review two days ago, and now I bought it again, and there is no one else.
The stock price of Aier Ophthalmology also skyrocketed.
Zhifei Biological, up.
Huadong Medicine, up.
Tigermed rose.
···
Time flies, and in the afternoon, the market began to strengthen, and the entire medical sector also strengthened.
Jiu'an Medical Group, WuXi AppTec Group...Watson Bio, Hengrui Medicine's stock prices are all rising. Although the increase is not very large, there are a lot of floating profits on the books of Chengtian Public Fund, and the net value of the account is higher than yesterday's Another 6 million more.
The net worth increased to 160 billion.
When the market closes, the latest net worth is announced.
Unit Net Value: 1.3277 (+3.89%)
"Wow, the net worth has increased by nearly 4 points."
"It's really cool."
"If you invest 100 million, 4 points will be 4."
"Grandma, I wish I had known that I would sell more."
"If only I had bought the Chengtian public offering fund when it was first launched, it would be 32.77% of the income now."
"Yeah, the income of this Chengtian Public Fund is so high."
"It's already 32.77%, how long has it been?"
"This public offering fund is really stable and suitable for investment."
···
Today is Friday, at 5 pm, Jiang Manman walked to Luo Cheng's office.
"Boss, the president of Fenghua Financial Management Company wants to invite you to dinner and ask if you are free?"
Luo Cheng said indifferently: "Ask how many funds they want to subscribe. If it is less than 20 billion, just say I'm not available."
If you subscribe for 20 billion, that is 5000 million management fees. Does it cost 5000 million to have a meal with BOSS?
"Okay, boss!" Jiang Manman hurriedly asked.
Soon the other party said that they planned to subscribe for 40 billion, and Luo Cheng was stunned when he heard it.
This is the first time an organization has subscribed for 40 billion. This amount is quite large, and it can bring 1 million in management fees. Damn it!
"Help me make an appointment with the president of Fenghua Financial Management Company, I'll treat him to dinner"
"It's set at the nearby Shangri-La Hotel."
"Okay, BOSS!" Jiang Manman hurried to make arrangements.
It was 7 o'clock in the evening.
In the restaurant of Shangri-La Hotel, Luo Cheng waited for the president of Fenghua Financial Management Company, Li Zongchao, about 40 years old, wearing a black suit, blue tie, long hair and big ears.
"President Li, this is our boss, Mr. Luo Cheng."
Li Zongchao's eyes widened.
"Mr. Luo, I didn't expect you to be so young. Huhu, I was really surprised. I thought you were about the same age as me."
"Mr. Li, welcome, come and sit down"
"I heard that you like black truffle shrimp dumplings, so I asked the hotel chef to make a special one. See if you like it or not."
"Haha, Mr. Luo has a heart."
Then the two chatted while having dinner.
Li Zongchao was quite interested in Luo Cheng's family history.
"Mr. Luo, you are a legendary financial god in the capital city. In just a few months, you spent 1 to more than 3000 million."
"I read your private equity fund performance, the first battle is 40%, and the performance of public equity funds is very stable."
Luo Cheng smiled and said, "Mr. Li, are you going to invest in Chengtian Private Equity Fund or Chengtian Public Fund?"
"For private equity funds, the annual management fee is 2%, and a 20% profit commission is charged, and cannot be redeemed within one year, while for public equity funds, the management fee is 2.5%."
Li Zongchao thought for a while and said, "Our Fenghua Wealth Management Company is not pursuing huge profits, but stable income. Therefore, we plan to invest this fund in Chengtian Public Fund."
Although he also wants to invest in private equity, after all, the profit of private equity funds far exceeds that of public equity funds, and they can have huge profits, but huge profits also mean risks.
However, the income of Chengtian Public Fund is very stable, and the drawdown of funds is small. When the market plummeted, Chengtian Public Fund was actually profitable, which shows the strength of Luo Cheng.
Luo Cheng smiled and said, "Okay, let Cheng Tian raise funds, and we will sign the contract later."
After dinner, the 40 billion investment agreement was drawn up on the spot.
40 billion funds, 2.5% management fee, that is 1 million.
Fenghua Financial Management Company paid a total of 41 billion funds!
It's wonderful to have a dinner, get 40 billion investment, and collect 1 million management fees.
Thinking of the guy who shorted Chengtian Holding Company before, Luo Cheng sneered.
Now the asset scale of Chengtian Public Fund has reached 200 billion, and the annual management fee is 2.5%, which is 5 million.
Although Chengtian Holdings is still in debt of 14 billion, and its high-tech subsidiaries are all burning money, and other subsidiaries are squeezed by Cangshan Group, but this terrible management fee is placed here, and the stock price will not rise ?
Jiang Manman said: "Boss, do you want to announce it now?"
"Well, today is Friday, tomorrow is Saturday and Sunday, let the short sellers be tortured." Luo Cheng sneered.
"Okay, Boss, maybe the stock price will go up to the limit at the opening of the market next week." Jiang Manman was very excited.
Then Chengtian Holdings announced that its public offering fund received 40 billion investment, and the management fee was 1 million!
This news is like a sledgehammer, hitting Kongtou on the door!
(End of this chapter)
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Chapter 303 1 days ago -
Longevity Through the Path of Survival: Starting with Playing the Suona, Funeral Cultivation Begins
Chapter 1202 1 days ago -
Back in the 1990s, she became rich through scientific research
Chapter 1799 1 days ago -
Despite Having God-Level Talent, I Ended Up Living Off My Partner.
Chapter 422 1 days ago -
Global Exploration: Starting from Decrypting Chernobyl
Chapter 218 1 days ago