The male god of magic capital

Chapter 92 93 The Roche Family Foundation earns 500 million!
If the scale of private placement reaches 100 billion in the future, Luo Cheng will charge 2 million in management fees every year, and if the scale of private placement reaches 1000 billion, the annual management fee will be 20 billion.

Even if the private equity fund did not make money back then, it still took 20 billion management fees lying down.

If you make money, there is a 20% profit share.

This is a risk-free thing. If it is just a big hot money, it is destined to hit the ceiling.

It is very difficult to earn 20 billion yuan a year with big hot money, and it is blocked by the main force of private equity funds and public equity funds in the market, and it may lose money.

Private equity funds and public equity funds are different. There is no risk, and the management fee is paid for a year. If the scale is 1000 billion, the management fee is 20 billion, which is very stable.

However, managing a private equity fund does not require many people. The operating costs of private equity funds in the industry are very low, and the profits are ridiculously high.

For example, now Chengtian Holding Company has only 5 employees and one director, which is enough to run a private equity fund, and the operating cost is very low.

Because a one-time 2% management fee is charged, if you invest 1000 million, you need to take out 1020 million, of which 20 is the management fee.

In the past, the five teachers each invested 1000 million, totaling 5000 million, and now they have received another 4.5 million, which is already 5 million. They have collected 1000 million management fees, but it is just the beginning.

Luo Cheng intends to use the 5 million funds to buy the shares of China Resources Double Crane, but there is no suitable opportunity for the shares of China Resources Double Crane, so he needs to wait.

Tomorrow is National Day, and the stock market will be on holiday for many days.

Let's see if the share price of China Resources Double Crane will fall to 25.00 after the National Day holiday. If it falls to 25.00, Luo Cheng will buy it.

In the evening, we dine together at the Shangri-La Hotel.

This meal is a treat for Chengtian Holding Company. After all, they have just received 1000 million management fees. They will be charged for their management fees, and then they will be treated to a meal.

This meal did not cost much, 3 yuan.

"God, I will wait for you to make money in the future. I will never return the funds. You can operate with confidence."

"Male god, I look forward to your continuing to create myths."

"I think for you, 5 million capital is just a small start."

"In the future, you will definitely be a financial boss."

"Haha, financial giant!"

"I will witness your glory."

"Let you manage the money, I don't worry, I'm satisfied with a 10% annual income."

"Haha, me too, 10% annual income is enough."

"A 10% return beats inflation."

"The male god's strength, 100% income every year is normal."

After drinking a few glasses of wine, She Zhengchu asked, "God, what is your ideal?"

ideal?

Luo Cheng was taken aback.

The largest public offering funds in the country, Fang Yida and China Southern Fund, have assets of more than 2 trillion yuan, and their annual management fees are astronomical.

The world's largest asset management giant, BlackRock Group, controls assets exceeding US$10 trillion.

His ideal in this life is to stand on the top of the world and overlook the scenery of all living beings, to pursue the supreme wealth and glory of the world.

In the global financial market, keep fighting, fighting, defeating opponents one after another, enjoying the fun of fighting until the end of life.

Then Luo Cheng smiled and said, "Make Cheng Tian Holdings the best, the biggest!"

"Fight to the death in the global financial markets!"

She Zhengchu smiled and said, "You are a born financial giant!"

"Looking forward to your future expedition to overseas financial markets."

Luo Cheng smiled and said, "Soon, I plan to set up an overseas family fund to invest in overseas financial markets."

"As for Chengtian Holding Company, I will let it accumulate capital in Shanghai, the national financial center, and then use Xiangjiang as a springboard to start conquering the global financial market."

She Zhengchu thought for a while: "I'm from Shenzhen, and I do business between Xiangjiang and Shenzhen. My company's headquarters is in Xiangjiang. Call me whenever you need me."

"By the way, if you want to set up an overseas family fund, you need to transfer money overseas, but the procedures are very troublesome. I can help you."

There are foreign exchange restrictions in China, and each person can exchange up to 5 U.S. dollars per year. If it exceeds this amount, approval is required.

If you want to exchange a large amount of funds into foreign currency in China and transfer them out, you need to go through the review of the SAFE, which is very troublesome.

And She Zhengchu could help, Luo Cheng was overjoyed immediately, and said: "I plan to transfer 2000 million overseas, but first exchange it into Hong Kong dollars, and then exchange Hong Kong dollars into US dollars in Hong Kong to invest in US stocks."

She Zhengchu thought for a while and said: "My company does business between Xiangjiang and Shenzhen. It is an export-oriented company. I usually sell my goods to Xiangjiang to obtain Hong Kong dollars, and then exchange Hong Kong dollars into RMB to continue production in China. You can Open an account at a bank in Hong Kong, I will lend you Hong Kong dollars directly, and you can just lend me the equivalent in RMB in China."

"Although it is a loan, it is good to offset each other."

Luo Cheng nodded quickly: "Okay, Lao Yu, let's make a deal. I now have 1.17 million RMB, and the current exchange rate between RMB and Hong Kong dollar is 1:[-]"

"I'll lend you 2000 million yuan, and you can just lend me 2300 million Hong Kong dollars."

She Zhengchu smiled wryly and said: "My company is just a small company. I invested 5000 million RMB in you before, which was exchanged with Hong Kong dollars. I still have 1300 million Hong Kong dollars in the flow of Xiangjiang headquarters, and the rest are in RMB. If I can lend you 1170 million Hong Kong dollars, you can lend me 1000 million yuan."

Luo Cheng nodded: "Okay, deal."

In the next few days, Luo Cheng asked his lawyers to quickly register a total of 21 offshore companies in the Virgin Islands, Cayman Islands, and Bermuda, forming a foundation, the Luo Family Foundation, which owns 20 offshore hedge funds.

同时罗丞将丞天控股公司的所有股权分散到了罗氏家族基金会旗下的20家离岸对冲基金里，20家离岸基金分别持有4%到6%的股权，总共100%。

However, Luo Cheng controls the equity of Chengtian Holding Company through the Luo Family Foundation, and the holdings are still scattered. Therefore, Luo Cheng is no longer a shareholder of Chengtian Holding Company.

On October 10th, Luo Cheng and She Zhengchu came to Xiangjiang.

Then She Zhengchu lent 1170 million Hong Kong dollars, and Luo Cheng lent She Zhengchu 1000 million yuan. He wrote an IOU, but it was canceled the next day.

"Thank you, Lao Yu."

"Without your help, it would be difficult for me to transfer the 1000 million through SAFE." Luo Cheng thanked.

Yu Zhengchu: "Haha, you're welcome, it's just a little effort."

Luo Cheng then transferred the 1170 million Hong Kong dollars to the Luo Family Foundation, and then opened an account and a stock account at Citibank Hong Kong Branch.

Then transferred 1000 million Hong Kong dollars to Xiangjiang's stock account.

At present, the Roche Family Foundation has 1000 million Hong Kong dollars in its stock account in Hong Kong and 1000 million yuan in its domestic stock account.

While Luo Cheng's family foundation invests overseas, it will also invest in domestic A-shares.

And Luo Cheng does not plan to use his private stock account, because as a fund practitioner and a securities practitioner, although he can speculate in domestic stocks, his private stock account has to be reported to the Securities Regulatory Commission for supervision, and he doesn't like himself. When operating large sums of money, they are always watched, and if they buy the same stock with Chengtian Private Equity Fund and Chengtian Public Equity Fund in the future, it is easy to be said to be a mouse warehouse for profit.

So he set up an office in the mainland through the Luo family foundation, opened a stock account for the playground, and the stock account was also opened with Citi Securities, with a deposit of 1000 million yuan.

As for the remaining 170 million Hong Kong dollars in the bank account of the Luo Family Foundation, Luo Cheng rented a small office in the Citi Building in Xiangjiang as the temporary foothold of the Luo Family Foundation.

From She Zhengchu's Xiangjiang company, he hired an accountant to temporarily work in the Xiangjiang office of the Luo Family Foundation, with a monthly salary of 2 Hong Kong dollars.

In the restaurant of the Grand Hyatt Hotel, Luo Cheng and Jiang Manman had dinner together.

"Boss, do you want to stay in Xiangjiang for a few days?" Jiang Manman came to Xiangjiang once, liked it very much, and wanted to stay for a few more days.

Luo Cheng: "Then stay for two days, I just happened to see which Hong Kong stock can be bought."

At present, the Luo family fund has 1000 million Hong Kong dollars in the Hong Kong Citibank account. Luo Cheng plans to buy a Hong Kong stock, but he doesn't know which one to buy. He needs to study it carefully, and he has something to discuss with Yu Zhengchu.

Time flies, and on Monday, October 10, the stock market opens.

There are 1000 million Hong Kong dollars in the stock account of the Luo Family Foundation. Luo Cheng plans to buy a full position and then hold it for a long time, preferably several times.

He opened the stock chart of the Hong Kong stock market and looked at it. He thought about it, but he didn't know which stock to buy.

At this time, he saw the Hong Kong stock of China Resources Pharmaceuticals, which, like China Resources Double Crane, belongs to China Resources Group, but China Resources Medical is listed in Xiangjiang, and China Resources Double Cranes is listed on the mainland's A-shares.

The stock price of China Resources Pharmaceutical has been at a low price. Luo Cheng simply checked the information and found that this China Resources Pharmaceutical Company is a supplier of Mainland China Resources Double Crane.

The stock of China Resources Double Crane has risen sharply, but the stock price of China Resources Pharmaceutical has been falling, and now it has fallen to 2 Hong Kong dollars per share.

Moreover, this China Resources Pharmaceutical Company is still negotiating cooperation with a pharmaceutical company in the mainland. This company is called Daan Gene. This Daan Gene is also a stock that Luo Cheng plans to buy in the mainland, but the opportunity has not yet come.

This time Luo Cheng plans to buy China Resources Medicine and Da'an Gene.

Then Luo Cheng started to buy.

1 shares!

1 shares!

···
The stock trading volume of China Resources Pharmaceuticals was not high. Under Luo Cheng's buying, the stock price rose all the way up to 2.10 Hong Kong dollars, but fell back to the 2.00 position not long after, and fell all the way below the 2.00 position.

In the afternoon, the stock price fell to 1.90.

Luo Cheng continues to buy!

1 shares!

1 shares!

···
The stock price rushed from 1.90 to 2.00.

Luo Cheng bought 500 million shares, with an average opening position of 2.00.

The next day, October 10th, Tuesday, news came that China Resources Pharmaceuticals might cooperate with Daan Genetics. The Mainland Daan Genetics Company may purchase a large amount of products from China Resources Pharmaceuticals, which may be worth more than 9 million.

As a result, China Resources Pharmaceutical's share price rose in response.

It rushed all the way to the 2.40 position, a 20% increase, which is really terrible.

The Luo family foundation has a floating profit of 200 million Hong Kong dollars on its books. Yes, it will continue to be held for a long time.

The matter of coming to Xiangjiang this time was also settled, so Luo Cheng and Jiang Manman flew back to Shanghai that night.

The following day, June 10th, Wednesday.

On the eve of the opening of the mainland's stock market.

Luo Cheng sat in the office, overlooking the scenery of the Huangpu River in the distance.

At this moment, he felt extremely free and willful.

At this time, Jiang Manman came over and said, "Boss, Chengtian Private Equity Fund currently has 5 million funds, which securities company do you plan to open an account with?"

Luo Cheng: "Just at Citi Securities, you can arrange it."

"Okay, BOSS" Jiang Manman hurriedly left.

Luo Cheng sat in front of the computer, opened China Resources Double Crane, and looked at the stock trend chart of Daan Gene.

Now that the private equity fund has 5 million funds, Luo Cheng plans to buy China Resources Double Crane, but the share price of China Resources Double Crane has not fallen to 25.00, so there is no rush.

And the Luo family foundation still has 1000 million yuan in the A-share stock account, and Luo Cheng intends to buy the shares of Da'an Gene Company.

The stock price of Daan Gene is currently around 10.00 yuan per share, and the stock price has been hovering at a low level, and the prospect of Daan Gene is good. It is also rumored to cooperate with giant companies, but there are also many negative news.

The stock price has been sluggish, apparently there are market makers washing the market at a low level.

But the trading volume is very small and the fluctuation is also small. Obviously, the market makers have reached the end of the wash, because the stocks in the hands of retail investors may have basically sold off.

Luo Cheng planned to do long-term, so he started to buy.

1 shares!

1 shares!

···
The stock price rose to 10.06 yuan, but fell again not long after, and fell all the way to 3 yuan at 9.94 p.m. Luo Cheng bought again in large sums.

Let the stock price return to the 10.00 position again.

This time Luo Cheng bought 100 million shares with an average price of 10.00.

At this moment, Huang Hanxin, the president of Dah Sing Bank's Shanghai branch, happened to instruct the traders of its public funds.

"Tomorrow, we will start sweeping Da'an genes!"

In fact, he let his wife and father set up a mouse warehouse and bought a large amount of Daan Gene's stock at a low price. This time, Dah Sing Bank bought a large amount of Daan Gene's stock, and the stock price would skyrocket.

Moreover, Daan Gene still has a super order, and huge good news will be released in the future.

In fact, he is not the only one who runs mouse warehouses, but many shareholders and executives of companies also run mouse warehouses in private.

The stock price of Daan Gene is only artificially suppressed, resulting in a low stock price, and it will take off in the future.

"Try pulling a daily limit tomorrow." Huang Hanxing said eagerly.

"Yes, Mr. Huang!"

The next day, October 10, the stock price of Daan Gene rose sharply at the opening.

10.78
10.99
11.12
11.75
12.11
12.45
13.00 position.

Two hours later, Da'an Gene's share price hit the daily limit!

The Luo family fund holds 100 million shares, with a floating profit of 300 million on the book.

As for Xiangjiang's stock account, it bought the stock of China Resources Pharmaceuticals, a supplier of Da'an Gene, and already had a floating profit of 240 million Hong Kong dollars.

It's more than 500 million floating profit.

Well, full positions are big profits.

Long-term holding, Luo Cheng doesn't care about it for the time being.

Next is the 5 million funds to operate private equity funds!
(End of this chapter)