The male god of magic capital

Chapter 95 96 Public offering license, start raising funds publicly!

The establishment of a public offering fund requires many conditions and strict approval. Even if the registration conditions are met, the approval may not pass.

A few years ago, the China Securities Regulatory Commission began to tighten the issuance of independent fund sales licenses, making it increasingly difficult for latecomers.

Now the approval of public offering licenses is becoming more and more stringent, which has led to the market price of public fund licenses all the way up. The price starts at 5000 million, and if it is high, it may reach 1 million.

Currently has 5000 million spare funds, Luo Cheng plans to directly buy a public fund license, and then publicly raise funds, lying down to collect management fees.

In fact, Luo Cheng's fan base is very large, especially fans with a fund of less than 100 million. These people's funds are not even the threshold of private equity, and they are all waiting for Luo Cheng to establish a public fund.

Now is the time to engage in public offering funds.

He bought a public fund, but Luo Cheng had no connections. Fortunately, among the client base of Chengtian Private Equity, there were many bosses and CEOs of listed companies.

Luo Cheng asked in the private equity client group.

The male god of finance in Shanghai: "I plan to start a public offering fund and buy a public offering license. Do you know any institutions that sell public offering licenses for about 5000 million yuan?"

Immediately, someone said: "God, I know someone from a financial sales agency. They are selling by a third party, and the price is 8000 million."

Third party sales?
A few years ago, the China Securities Regulatory Commission officially approved four institutions including Orient Fortune to become the first batch of independent fund sales agencies, and the long-awaited third-party sales agencies in the fund industry were finally born.

Prior to this, the sales channels of domestic public funds were mainly banks, followed by direct sales and brokerages.After that, the tripartite sales agencies have sprung up like mushrooms after rain.At present, a total of 111 independent fund sales agencies have been approved to conduct fund sales business.But the current status quo can be said to be a dismal operation, and the Matthew effect is obvious.

Although there are more than 100 third-party sales agencies, most of them are soy sauce dealers, and they do not develop business after obtaining the license.

However, the sales price of this third party is too expensive, and it costs 8000 million yuan. At present, Chengtian Holding Company only has 5000 million yuan in spare funds, which is not enough.

And the scale of private equity funds has reached 10 billion, but Luo Cheng still doesn't know which stock to buy next. Although he has the idea of ​​operating Da'an Gene, Huada Gene, and Great Wall Motor stocks in his heart, it is not the time to operate yet. Chengtian Private Equity Fund In a state of empty position.

Luo Cheng wanted to get 5000 million public offering licenses, preferably in Shanghai.

Then he said: "Is there a price of 5000 million yuan? It's best to buy it from Shanghai, please ask me."

"it is good!"

"I will help you ask."

"God, wait for my call, I'll ask you now, there must be."

Soon the call came, and I found a small public offering fund that was about to be liquidated. The other party asked for 5500 million, from Shanghai.

Luo Cheng immediately agreed that it was only 5500 million more, and Chengtian Holding Company could still afford it.

But when Luo Cheng was going to sign the contract the next day, the other party changed his mind temporarily because someone robbed Chengtian Holding Company of this public offering fund license.

"The other party, how much is the asking price?" Luo Cheng asked.

"6500 million." The person on the phone said with some embarrassment: "Mr. Luo, if you ask for 6500 million, I will sell it to you. The other party's price is 1000 million higher than what you offered."

Luo Cheng asked: "Which institution is the other party?"

"Canghai Capital!" The person on the phone said bluntly, "Mr. Liu of Canghai Capital plans to enter the public offering industry. You should have heard of it."

Canghai Capital, Liu Canghai?

Wo Ri, Luo Cheng didn't expect this guy to suddenly jump out and grab the public offering license from him.

Luo Cheng launched the massacre movement a few months ago, which caused Canghai's capital to suffer a lot. Unexpectedly, Liu Canghai is quite rich, and he will soon enter the public offering industry.

"I know that Liu Canghai has a feud with him, but I didn't expect him to be the one who snatched the public offering license. You should wait a little longer and give me your price of 7000 million."

At present, Chengtian Holding Company does not have 6500 million funds, but its subsidiary Chengtian Private Equity Fund has 10 billion client funds. If it is operated at that time, if it makes a profit of 3 million, it will have 6000 million shares.

At that time, it was not a problem to bid 7000 million to buy this public offering license.

Although Chengtian Private Equity Fund has 10 billion funds, the capital investment of private equity funds is limited.

The "Interim Measures for the Supervision and Administration of Private Equity Funds" issued by the China Securities Regulatory Commission clarifies the investment scope of private equity funds, including buying and selling stocks, equities, bonds, futures, options, fund shares and other investment targets agreed by investors.

The 10 billion funds cannot be used to buy other things, such as houses, cars...public offering licenses, of course, if it is the self-operated funds of private equity funds, they can buy these at any time.

The problem is that the 10 billion funds are client funds.

Luo Cheng planned to make a fortune in the stock market, get a commission, and then buy this public offering license at a high price.

The other party said, "Sorry, Mr. Luo, I am short of money now, so I sold it to Canghai Capital. Of course, you can talk to Mr. Liu of Canghai Capital and ask him to sell it to you for 7000 million."

So Luo Cheng asked for Liu Canghai's phone number and called him, but unexpectedly the other party rejected him straight away.

"Mr. Luo, by the way, I should call you the God of Finance in Shanghai, hehe, what is there to talk about between us, you can't even get 6500 million. After all, grassroots finance is suitable." Liu Canghai hung up the phone.

Liu Canghai was pissed off at the time when Canghai Capital lost 1.2 million in the massacre campaign initiated by the God of Finance in Shanghai.

This time the public offering license was snatched by Liu Canghai, and even ridiculed by the messenger, Luo Cheng was angry in his heart, good guy, I'm eyeing you.

Sooner or later you will see me.

At this time, Chen Baofeng, the chairman of Green Court Group, called.

"Xiao Luo, my friend has a public offering fund for sale, the scale is small, in Hangzhou, the price is 5000 million."

"This public offering fund has suffered heavy losses due to the previous large purchase of Bai's Medical Group's stock price, and has been liquidated."

"If you want to buy it, I'll take you to Hangzhou to meet him."

Luo Cheng was overjoyed immediately, and said, "Okay, Mr. Chen, I'm sorry to trouble you."

Luo Cheng and Chen Baofeng came to Hangzhou the next day.

They found Chen Baofeng's friend, who was also Bai Zhanfei's classmate, and suffered heavy losses in Bai's Medical Group.

The public offering fund was liquidated.

Just like Chen Baofeng, this boss was tricked by Bai Zhanfei.

This Bai Zhanfei's Bai's Medical Group is finished and has been delisted. One can imagine how miserable the people or institutions who bought the shares of Bai's Medical Group are.

Luo Cheng didn't waste much time and bought it directly.

At a price of 5000 million, it has obtained a public fund license.

In the evening, we dined together at the restaurant next to the West Lake.

For dinner, Luo Cheng likes West Lake vinegar fish, Dongpo meat, Longjing shrimp, and West Lake water shield soup.

Enjoying fine wine, delicious food, and admiring the beautiful scenery of the West Lake, I am really myself, and Jiang Manman, the assistant who follows Luo Cheng, also eats with gusto.

"Boss, this time the public offering fund license only cost 5000 million, which is much cheaper than the local one in Shanghai." Jiang Manman glanced gratefully at Chen Baofeng who was drinking.

"Thank you teacher."

Luo Cheng had a drink with Chen Baofeng.

This Chen Baofeng is also a client of Chengtian Private Equity, and invested 1000 million in it.

Chen Baofeng smiled and said, "Xiao Luo, your current company is booming."

Now Luo Cheng was happy, but Chen Baofeng suddenly became sad.

"Teacher, what's the matter?" Luo Cheng asked, "What happened to the Lvting Group recently?"

Chen Baofeng smiled wryly: "Lvting Group will soon be delisted like Bai's Medical Group."

"This time my business enemy Liu Cangshan and Canghai Capital's Liu Canghai shorted the shares of Lvting Group and made a lot of money, while our side suffered heavy losses."

"Actually, the public offering fund you bought bought a lot of shares in the Green Court Group and suffered heavy losses."

The reason why the public offering fund Luo Cheng bought was liquidated was because he bought the stocks of Bai's Medical Group and Luting Group, and the two stocks fell terribly.

Luo Cheng: "Teacher, the situation will gradually get better, and you will be fine after passing this test."

Chen Baofeng; "I'm afraid it won't get better now, the Green Court Group will be acquired by Liu Cangshan's company."

Luo Cheng asked: "This Liu Cangshan does have some strength. Teacher, I will help you vent your anger in the future. I actually have a feud with Liu Cangshan, and Liu Cangshan's younger brother Liu Canghai just snatched away the public offering license that I planned to buy. In fact, this pair of brothers and I are also friends. There are festivals."

Chen Baofeng reminded: "Liu Cangshan is backed by several Heung Kong consortiums. Liu Canghai is also a private equity giant in the financial industry. This time, the share price of Lvting Group has shrunk from 55 billion to less than 2 million today. They have made a lot of short selling. Money, our side has lost a lot."

Luo Cheng asked: "Teacher, what are your plans?"

"After the acquisition of Lvting Group, I will go back to teach at Fudan University, and there is still a medical research project that I need to complete."

"The 1000 million I invested in you is not enough."

'This medical project has research laboratories at Fudan University and Zhejiang Jiang University. When we cooperated with Bai's Medical Group before, the other party would provide some funds. This time it is hopeless. '

"What a pity."

When Chen Baofeng said this, he sighed lightly. He is a very ambitious person. It is a pity that it is too difficult to change the status quo that the poor at the bottom cannot afford expensive imported drugs.

There was nothing he could do.

Now Liu Cangshan and Liu Canghai are all eyeing his research and development products, and then sell them to Xiangjiang's consortium or overseas medical giants.

It was finally a matter of breaking the monopoly of foreign patented technology. Liu Cangshan and Liu Canghai planned to sell it to overseas medical companies at a high price in exchange for huge commercial profits.

Luo Cheng immediately said: "Teacher, don't worry, when I have more funds, I will support your scientific research projects."

Chen Baofeng: "Okay, the teacher is counting on you to turn the tide, but let me remind you that this requires a huge investment of money, and you have to face domestic competitors and overseas competitors to suppress."

Luo Cheng was taken aback: "The problems that money can solve are not problems."

The next step is to make money. With a public offering license, you can raise funds publicly. The money comes very quickly.

After staying overnight in Hangzhou, Luo Cheng returned to Shanghai.

When the Ferrari car passed by Tomson Yipin, Luo Cheng suddenly thought of something. He planned to buy back the luxury house of Tomson Yipin, and his father spent 10 years building the Ferrari model by hand.

Although Tomson Yipin's mansion does not have enough money, but now he can buy a Ferrari model.

Luo Cheng immediately called Liu Cangshan.

On the phone, Liu Cangshan asked, "Who? What is it?"

Luo Cheng briefly explained why he came here, but Liu Cangshan said: "Recently, housing prices in Shanghai have skyrocketed. I plan to hold this property for a long time. I am not short of money. If you want to buy it back, you need three times the price."

Luo Cheng was angry inside.

"Mr. Liu, you have to return that Ferrari model to me!"

Liu Cangshan: "You can go through legal procedures to see if you can define it as your private property in a lawsuit, but I remind you, you'd better hurry up, I plan to give it to a friend."

Luo Cheng: "Okay, I'll give you 200 million and sell me the Ferrari model."

Liu Cangshan: "I've said it all. I plan to give it to a friend. If you give 1000 million, you won't sell it to you. You can buy back the house for three times. But I have a Ferrari model, so I won't sell it to you."

"And do you think I am short of these millions?"

Luo Cheng: "Mr. Liu, I don't seem to have offended you."

Liu Cangshan: "You are Chen Baofeng's student. I don't like Chen Baofeng very much, and you once caused my brother's Canghai Capital to lose 1.2 million, which included my investment money."

"Recently, you have started a public offering fund, and we have also established a public offering fund. If you are not convinced, you can try to stop us!"

Good guy, Luo Cheng hates brothers Liu Cangshan and Liu Canghai to the extreme. Sooner or later, you will look good to me.

After finishing the phone call, Luo Cheng returned to Chengtian Holding Company.

During this short trip to Hangzhou, he obtained the public fund license as he wished, so Chengtian Holdings established a new department, the public fund management department.

At present, Chengtian Holding Company has four departments: private equity fund management department, public equity fund management department, finance department, and human resources department.

It's a pity that the four departments are just a shelf, and there are not many people.

As for recruiting people, Luo Cheng is not in a hurry. It is better to cultivate talents instead of airborne ones. Luo Cheng needs to build his own corporate culture.

Just recruit students from Fudan University.

And these things are all done by the director, Chen Jin, the associate school of the School of Finance and Economics.

Jiang Manman said: "Boss, Chengtian Public Fund is ready now, do you want to raise funds publicly?"

Luo Cheng said, "Let's get started, let the salesmen go to major banks, securities companies, and third-party platforms to talk!"

"I call on my fans to invest."

Luo Cheng brought so many fans to make money before, now it's time for fans to give back to him.

He has a lot of ordinary fans, and his capital is less than 100 million. He cannot afford to invest in Chengtian Private Equity Fund, but Chengtian Public Fund can invest.

Public offering funds are different from private equity funds. Public offering funds can invest as little as [-] yuan.

Then Luo Cheng posted.

The God of Finance in Shanghai: "The public offering fund is ready, everyone is welcome to invest."

(End of this chapter)