Perfection of Rebirth

Chapter 456
Just two days after Xiaonei completed its C round of financing, Meituan also completed its own B round of financing.Similar to Xiaonei, Meituan USA, Meituan Island, and Meituan Tianchao participated in the financing.Among them, the American company is valued at 80 billion yuan, the island country company is valued at 60 billion yuan, and the Tianchao company is valued at 75 billion yuan, a total of 200 billion 15 billion.

IDG once participated in the first round of investment of Meituan Tianchao, holding 20% ​​of the shares.Therefore, this financing is led by IDG, followed by companies such as Softbank.In the same way, Jiang Hui personally sold 15.00% of the shares, and then the company raised [-]%.

As a result, Jiang Hui has more than 80 billion yuan of funds on hand, which is enough to toss about in the financial market.And this time the share transfer involved an overseas company, Jiang Hui directly received a batch of US dollars, so he didn't have to worry about how to transfer the RMB overseas.Otherwise, under the circumstances of foreign exchange control, it would be quite difficult to transfer large-scale funds to overseas investment in finance.

In fact, foreign exchange control is not unique to China.

Exchange controls began during World War I.At that time, the international monetary system collapsed, and the United States, France, Germany, Italy and other participating countries all had huge balance of payments deficits, the foreign exchange rates of their currencies fluctuated violently, and a large amount of capital fled.Waging war to concentrate foreign exchange funds, slow down exchange rate fluctuations and prevent capital outflows from the country,

During the war, all participating countries canceled the free trading of foreign exchange, prohibited the export of gold, and implemented foreign exchange control. During the world economic crisis from 1929 to 1933, many countries that abolished foreign exchange control after the war re-imposed foreign exchange control, and some countries that implemented the gold bullion and gold exchange standard system also implemented foreign exchange control one after another. In 1930, Turkey first implemented foreign exchange control. In 1932, more than 20 countries including Germany, Italy, Austria, Denmark, and Argentina also implemented foreign exchange control.After the outbreak of World War II, the participating countries immediately implemented comprehensive and strict foreign exchange controls.

In 1940, among 100 countries and regions, only 11 countries did not formally implement foreign exchange control, and the scope of foreign exchange control was wider than before.In the early post-war period, Western European countries continued to implement foreign exchange controls due to the ubiquitous "dollar shortage" and other reasons. In the late 50s, the economies of Western European countries recovered and their balance of payments improved. Since 1958, countries have resumed free exchange of currencies to varying degrees and lifted foreign exchange controls on international trade payments. Controls remain unchanged.

Whether it's because you don't put your eggs in one basket, or because you really need to invest.Jiang Hui had fully considered the issue of asset allocation when the Guanghui Group was reorganized.Through the assistance of professional accounting firms and law firms, the shares of foreign branches have been clearly separated from the Celestial Empire.

This is also the reason why Jiang Hui can easily obtain US dollars when Xiaonei, an island company, and Meituan, an American company, participated in the financing.

"Mr. Jiang, our company has registered accounts in major securities markets around the world, and traders are already in place. In the last week, I allocated 3000 million for everyone to practice, and now there are already five points of profit. It seems that in 2006 The Tianchao stock market is really going to be on fire," Guan Weidong came to Jiang Hui's office to report on Guanghui Investment's entry into the financial market.

Although Jiang Hui knew that the Tianchao stock market would go up all the way this year, he couldn't remember exactly how it changed every day, which stock had the greatest potential to rise, and so on.Although relying on the general trend, investing heavily in buying a bunch of blue-chip stocks will definitely have very good returns, but if there are professional traders on the sidelines, the returns will inevitably be more objective.

A trader is someone who speculates in stocks for others.Mainly serving large investors, they are usually traders, have a good grasp of the market, can grasp the timing of opening and closing positions according to the requirements of customers, master the skills of building and selling chips proficiently, and use capital advantages to trade in a certain market. Controlling the development of the market to a certain extent, they can discover every subtle change on the market, thereby reducing the occurrence of risks.

Trading is actually a very artistic job, because there are no truths such as physics and mathematics in the financial market, and the art of trading far exceeds science.Most of the traders are introverted and don't like to speak, but they must say something amazing.A lot of this kind of character is not their nature, but because they chose this profession.

Keeping one's mouth shut is the minimum quality of a professional trader.

The traders that Guan Weidong recruited this time may not be the best in the industry, but their word of mouth is indeed very good.However, because the Chinese stock market has been bearish for five consecutive years, even the top traders have been driven into the abyss.Don't talk about how much money you earn, as long as you can not lose money, it is already very good.

It is precisely because of this background that Guan Weidong was able to recruit experienced traders to the financial department of Guanghui Investment.

"Well, you bring them out tonight, and I'll invite them to have dinner together. The funds I got from selling Xiaonei and Meituan have already arrived in the account one after another, and I'm about to operate hundreds of millions or even billions of funds, not good I really don't know what to know about them," Jiang Hui said to Guan Weidong.

There is an old saying that birds die for food and people die for wealth.Although the funds of Guanghui Investment are all in their own accounts, without Jiang Hui's authorization, no one can transfer more than 1000 million funds.But billions of dollars of capital can already be used as a banker. It is hard to guarantee that no trader will be blinded by money and partner with outsiders to cheat Guanghui's investment.

In the hands of these professionals, it is not necessary to transfer the funds of Guanghui Investment to make a profit.There are countless ways for them to obtain benefits that seem reasonable.Just to give an example, for example, someone cooperates with an outside institution and agrees to manipulate a certain stock. Already profitable.

This method is hard to guard against, so when Jiang Hui asked Guan Weidong to recruit people, the first thing he looked at was the character of the trader.Of course, it is also essential to cooperate with appropriate monetary rewards.

The salary of a trader is generally composed of basic salary and commission. The biggest difference that determines the income of a trader is the commission.Under the same commission ratio, a good trader brings more profits, and the commission may reach hundreds of thousands or even millions in a year, while a bad trader may only have tens of thousands or even almost zero.

Jiang Hui knew that the Chinese stock market in 2006 was making steady profits without losing money, the only difference was how much he made.So when recruiting, I chose the method of high salary + low commission ratio.This method is very popular among current traders. After all, after five consecutive years of bear market, traders pay more attention to the real salary they can get.

(End of this chapter)