The male god of magic capital

Chapter 88 89 Private License
"A man like a god!"

"Awesome, the one-time account funds have tripled again!"

"Congratulations to the new high account assets of the financial god!"

"Financial god, if you close your position, I will also close your position."

"Follow closely in the footsteps of the male god."

"The male god has closed his position greatly, so I naturally dare not hold it anymore."

Retail investors also closed their positions one after another, a large number of selling orders appeared, and all the orders at the daily limit were consumed. The stock price of China Resources Double Crane exploded, and it turned around and plummeted.

Finally, it closed at 28.00.

This time, retail fans followed Luo Cheng and made a lot of money.

"Financial god, you can set up a private equity fund."

"1000 million funds are ready and ready to be invested in you at any time."

"Financial god, where are you in Shanghai?"

"Financial god, after your private equity fund is registered, I will go to your company to personally sign the private equity agreement with you."

The male god of finance in Shanghai: "Well, I plan to set up a private equity fund, but it will take time. I will inform you as soon as it is done."

The establishment of a private equity fund requires a number of conditions.

According to the regulations of the association, the main company must be an investment company, and the company name and business scope must have (investment management, asset management, equity investment, fund management)
The company cannot be associated with small loan companies, financial leasing companies, commercial factoring companies, etc.

The registered capital is more than 1000 million, or the registered capital is 2000 million, which will help to improve the pass rate of filing.

The registered place of the private equity fund company may be different from the actual business address

Personnel: 3 or more executives in the equity category, 4-5 executives in the securities category; senior executives are required to have corresponding qualifications.

After talking privately with some big retail investors who wanted to invest [-] million yuan, Luo Cheng started to act.

In this world, although the China Securities Regulatory Commission allows fund practitioners, securities practitioners can have their own stock accounts.

Like Xiangjiang, the United States, and the United Kingdom, both securities practitioners and fund practitioners can speculate in stocks.

However, the supervision of fund practitioners and securities practitioners is very strict, and they need to report their stock accounts.

For example, if you are a practitioner, some companies need to report the stocks you hold, and the interests of customers are given priority.

For example, if you are an analyst, which stocks you hold, when you write an analysis report, you need to explain which stocks you hold and how much you hold.

Avoid malicious behaviors such as grabbing hats or helping dealers ship goods.

Although the China Securities Regulatory Commission allows practitioners in the securities industry and those in the fund industry to speculate in stocks, these accounts must be reported and supervised. Luo Cheng does not want his account to be watched at any time.

So he plans to set up a private equity fund to operate the domestic financial market, and set up his own overseas family fund to operate the overseas financial market.

However, transferring large amounts of funds overseas requires the approval of the State Administration of Foreign Exchange, which is difficult and troublesome.

"Let's do a good job of domestic private equity funds first."

Then Luo Cheng withdrew all the money in the private stock account to the bank card, a total of 3697.2 million.

"Register the company first, and then apply for a private placement license with the Fund Industry Association."

Registering a company is easy, but it takes time. Luo Cheng plans to buy a tiny company directly.

Then Luo Cheng called his teacher Chen Baofeng.

This Chen Baofeng is not only a professor of Fudan School of Finance and Economics, but also the chairman of the listed company Lvting Group.

Lvting Group owns many registered shell companies.

The call was quickly connected.

Luo Cheng: "Mr. Chen, is your subsidiary of Lvting Group still an empty shell?"

Chen Baofeng: "What are you going to use it for?"

Luo Cheng: "I bought a shell company, injected capital, and applied for a private placement license with the Fund Industry Association."

Chen Baofeng: "There is a private equity fund under the Lvting Group, but because of the huge loss in the stock price of Bai's Medical Group, it has been liquidated now. If you want to buy it, I will directly transfer the private equity license to you."

When Luo Cheng heard it, he was overjoyed.

Now that the review of private equity licenses is more stringent, Luo Cheng figured out that to increase the approval rate of the license, he would have to inject at least 2000 million into it, and he would have to wait for a while.

If this fails to be reviewed, it will take a lot of time.

Private placement licenses can be transferred, and the price varies from region to region.

This place in Shanghai is a bit more expensive.

Luo Cheng: "Mr. Chen, then you can transfer it to me. I want it now. How much is the price?"

Chen Baofeng: "Here, the liquidated private equity fund under the Lvting Group is registered in Shanghai, and the price is 80 yuan."

"If you want it now, come to the headquarters of Lvting Group, we just have tea."

"Okay, I'll go over now." Luo Cheng ended the phone call, and then took a taxi to the Lvting Group.

As the chairman of Lvting Group, Chen Baofeng has been under a lot of pressure recently.

Because its investment company and private equity funds bought a large number of shares of Bai's Medical Group, as a result, Bai's Medical Group's stock price fell by more than 95%, and it has gone bankrupt.

Green Court Group suffered heavy losses on its investment.

In addition, the stock price of Lvting Group was shorted by his business enemy, Liu Cangshan, the former founder of Lvting Group, and Liu Canghai of Canghai Capital was also involved in shorting.

Both sides fight.

As a supplier of Bai's Medical Group, the Luting Group's stock price also collapsed due to the bankruptcy of Bai's Medical Group.

The Green Court suffered a disastrous loss.

This time Chen Baofeng was also messed up by Liu Cangshan and Liu Canghai.

"Xiao Luo, I'm afraid I'm going to really go back to teach." Chen Baofeng still couldn't let go of the pharmaceutical company, semiconductor company, and biological company under the Lvting Group.

He has spent a lot of energy on these three companies, especially the patents on biopharmaceuticals. After success, he can reduce the cost for patients who cannot afford high medical expenses.

He is a person with a very sense of social responsibility and wants to benefit the society. As a result, he suffered a tragic defeat in Waterloo this time, and was forced into a corner by Liu Cangshan and Liu Canghai.

If the Green Court Group is swallowed by Liu Cangshan and Liu Canghai, these patents will definitely be transferred to foreign companies at high prices, thereby seeking violence.

Luo Cheng comforted: "Mr. Chen, things will gradually get better. After I set up a private equity fund and a public equity fund, I can help you."

Chen Baofeng smiled wryly; "It may be too late, and I may have to step down as chairman after a while."

He is only a minority shareholder of the Green Court Group. Before the Green Court Group went downhill, he united with many shareholders to kick the founder Liu Cangshan out of the Green Court Group. After Liu Cangshan sold his shares, he re-established a company to fight against the Green Court.

This time he was defeated by Liu Cangshan.

"It's good to go back to teach."

"Xiao Luo, the legal counsel has brought the contract, please take a look at the contract."

Luo Cheng glanced at the contract, and then signed the agreement.

Paid 80 yuan and obtained the licenses of the shell company and private equity fund.

(End of this chapter)