Chapter 118: Do you want to get something for free again?
In Lu Yiming's opinion, these fund companies will only sell when they are out of money.
After all, until all is said and done, everyone will keep hope of a comeback in their hearts.
Facing Lu Yiming's doubts, Zheng Zhiguang explained: "This is a pretty good company. When it was at its peak, it managed assets of 200 million Hong Kong dollars. The founder, Ella Chan, has a master's degree in finance from Cambridge University. After graduation, she worked on Wall Street for a few years and happened to encounter the rise of the Internet industry, which is when she made her first pot of gold."
"He later founded Jiahua Fund Company and invested heavily in the tourism industry . He believed that with the economic growth in Europe and the United States, many people would come to travel... But no tourists came. Instead, Soros and other international hot money came. Then Siam's economy collapsed overnight."
After saying all this, Zheng Zhiguang couldn't help but sigh.
"Essa Chan is a person with a conscience. She felt sorry for the investors and just last month, she was so upset that she jumped off the rooftop of the IFC Building in Central and turned into a pulp."
"There are many fund companies that have caused investors to suffer heavy losses, but few have actually committed suicide. After all, those who play the financial game are shameless and ruthless. As long as it's not their own money that is lost, who would be so desperate as to commit suicide?"
"That's what I told you. This industry is very competitive. You're still young and you may take many things for granted, so I have to remind you to be mentally prepared."
After listening to Chen Jiahua's story , Lu Yiming remained silent.
Greed is human nature, or it can be said that it is a common law of the entire biological world. Even if he is a reborn person, he cannot avoid it.
Rebirth is not a panacea. You must never lose your mind because of greed, and you must not think that you can control the stock market and make things happen just by having a little information.
There are too many self-righteous smart people in this world who think they can manipulate the stock market, but what is the reality?
There are countless banks and fund companies that have gone bankrupt on Wall Street. Didn’t a strong company like Lehman Brothers eventually destroy itself in the subprime mortgage crisis?
When you choose to stare into the abyss, the abyss is also staring back at you.
As a person, it is better to be a little timid and not be too greedy. Just pick the peaches grown by others when you have nothing to do.
Seeing that Zheng Zhiguang had begun to persuade Lu Yiming, Li Yiwen immediately regarded Zheng Zhiguang as a confidant and warned Lu Yiming, "Did you hear me? It's better to be cautious in doing things."
Lu Yiming said: "I have always been very steady."
“…”
After Lu Yiming finished reading the information of several candidate companies, he closed the folder and said to Zheng Zhiguang, "Let's talk about Jiahua Company first."
The company's founder went bankrupt last month and is now on the verge of bankruptcy, awaiting liquidation and settlement.
The sudden outbreak of the financial crisis has brought tears to a large number of investors in Asia, and countless chief investment officers have stepped down in disgrace.
There are many investors who have suffered the same misfortune as Ella Chen. A large number of fund companies that have invested heavily in the rise of the Asian economy have been brutally harvested by North American hot money since last year. Those who are lucky can still save some money, while those who are unlucky have directly liquidated their positions and gone bankrupt.
Even as long as you don't speculate in stocks or touch foreign exchange futures, your interest rate will outperform most financial funds. The reality is so scary.
Lu Yiming couldn't understand the financial report, but Li Yiwen did. After reading the information in detail, Li Yiwen said, "The performance of Jiahua Fund in the past few years was very good, but it suddenly collapsed and fell sharply last year, and it continued to fall this year. Originally, there were about 60 million funds left after the stock market crash, but the customers were scared and left or ran away. As a result, there are only more than 30 million left in the fund's current account, and more than half of it will be liquidated and transferred to investors' accounts next week."
"As for the remaining money, I guess those customers have lost so much money that they are desperate. They want to use this little money to gamble on the future and see if the economy can pick up. If it doesn't stabilize, they will leave soon. Only then will they be at the end of their rope."
"The most troublesome thing is that of the amount due, there is about 8 million yuan in interest that must be paid, and this does not include the more than 1 million yuan in wages owed to the company's employees."
"If you take over Jiahua Fund Company, you will have to bear a debt of 10 million first, among other things."
Ten million in the 1990s was definitely not a small sum, even in economically developed Hong Kong.
However, compared with those fund companies that are already in debt of tens of millions or even hundreds of millions, Jiahua Fund's situation is much better.
There is no doubt that with this company, a lot of business can be carried out. In comparison, ten million debts are nothing.
However, Lu Yiming had his own ideas .
He said to Zheng Zhiguang: "I want to buy this fund company, but I don't plan to spend a penny. If you can help me do it, I will give you a commission of 100,000. Can you do it?"
Li Yiwen's eyes widened, and he couldn't help but say, "You want to get something for free again?"
Li Yiwen didn't know what happened to Lu Yiming before, but since he opened the Internet cafe, Lu Yiming has been getting things for free.
First, he took advantage of other people's venue for free.
Then he borrowed other people 's computers for free and opened an Internet cafe.
After that, it can be said that he took Lin Shuyi's funds for free and used them to speculate in the ruble.
Now they want to get something for free from another fund company.
It's amazing.
To describe this behavior as getting something for nothing is an understatement.
How can one get something for nothing over and over again?
However, Zheng Zhiguang seemed to be accustomed to Lu Yiming's request.
He just thought about it for a moment, then nodded slightly and said, "I can give it a try. There is a high probability that I will succeed."
He didn't say everything. After all, the company across the street was a fund company. Even if they dismantled the desks and chairs in the office and sold them as scrap metal, they could still make some money. However, Lu Yiming didn't want to pay a penny.
However, Lu Yiming took out 100,000 as a reward in one go, and Zheng Zhiguang had no way to refuse.
One hundred thousand yuan is not a small amount.
Moreover, the fund companies are now in a difficult situation, so there is still a chance of success if the deal is really reached.
Seeing that Zheng Zhiguang dared to take on this kind of business, Li Yiwen had a new understanding of Zheng Zhiguang's courage.
After finishing the business, Lu Yiming was planning to go around Hong Kong to observe various industries in Hong Kong. The bank receptionist called Zheng Zhiguang and said, "Mr. Zheng, there is a mainlander who calls himself Zhao Tiezhu who wants to see you."
Zheng Zhiguang glanced at Lu Yiming.
Lu Yiming said, "Please arrange a place for him to live and buy him a cell phone. Once that's settled, I'll talk to him about work."
"All right."
