Chapter 162 You don’t want your granddaughter to spend the rest of her life...
Li Yuan originally thought that he was in pretty good shape, but after climbing a mountain he discovered that he was not as fit as Yu Chenguang.
He could tell that Yu Chenguang had practiced this specially.
His physical fitness is just that of an ordinary person, and there is indeed a gap between him and Yu Chenguang.
He has abdominal muscles, but they are not very obvious.
He wants to exercise!
This is the biggest gain today.
As for the so-called QDII fund quota, it is purely used to create topics.
It can be seen from the fish restaurant opened by Yu Chenguang that he actually plays the role of a white glove.
Perhaps he is Jiangzhou's biggest white glove, otherwise he would not have such a position.
White gloves do not exist just to make money.
Li Yuan did not doubt that Yu Chenguang could get the quota of 500 million US dollars, but he absolutely did not believe that he just wanted a certain investment share. He must have other requirements.
For example, when cooperating with another fund in the U.S. stock market, he outputs losses, and the other fund naturally makes a profit.
In the U.S. stock market, there are many pure counter-party transactions, which means that if someone loses $100 million, the other party will most likely make $100 million.
But $100 million in China is different from $100 million abroad.
Due to the strict foreign exchange regulations, few people can take large amounts of foreign exchange out of the country.
If you want to use foreign exchange in China, you can only apply for it. The bank will issue a foreign exchange account only after it confirms that there is indeed a demand for foreign exchange. Those foreign exchange accounts are regulated.
What this means is that you can only use the money for the business you applied for and nothing else.
A very common way to cash out foreign exchange now is to open a company in China and abroad, spend 8 million US dollars to purchase a batch of fruits abroad, and then send them to China to make 10 million US dollars.
Fruit is the easiest product. After customs quarantine, they can be easily sold in the market. Anyway, their purpose of cashing in US dollars has been achieved, so it doesn’t matter if they lose money on the fruit side.
Other things are more difficult, such as food and minerals. After they are transported back, the processing cycle is very long, and they cannot be processed casually.
Even for products with a short processing cycle, such as fruits, the efficiency of cashing out foreign exchange is very low.
Another one is the stock market.
First apply for QDII funds and get foreign exchange quota. It doesn’t matter if you lose money in subsequent transactions. After all, investment has risks, and even children know that.
With a loan of 500 million US dollars, it is normal to lose 200 million US dollars, right?
Then he successfully cashed out $200 million and gave it abroad.
Such a large sum of money would require dozens of boatloads of fruit...
Cashing out foreign exchange through fruit trading is actually legal, but the efficiency is relatively low.
Cashing out in the financial market is illegal.
As a white glove, how could Yu Chenguang possibly think about making money?
What he should think about is getting the money to the designated person.
For example, open a black pit and catch a standard fish...
They are not short of money, what they lack is putting the money where it should be.
So when Li Yuan offered the other party an investment of 100 million US dollars, there was no way the other party would be interested.
It's nothing more than a test of myself.
Whether you can get the credit limit in the end depends entirely on what conditions you can agree to.
His demand for US dollar quota is not that great now, and the A-share market still has a few months of market potential.
However, after chatting with Yu Chenguang, I did manage to gain some bargaining chips for him.
He drove to Jiang Yuanqiao's side.
After all, Jiang Yiling went to his house, so it was normal for him to come to Jiang Yiling's house.
During lunch, he told Jiang Yuanqiao about Yu Chenguang looking for him, and Jiang Yuanqiao was shocked when he heard it.
"Li Yuan, Yu Chenguang and his friends are quite picky. It's not easy to do business with them."
He couldn't explain it clearly.
Li Yuan said with difficulty: "But I need a foreign exchange quota now. The company can't apply for it now. I can only take a different approach..."
Jiang Yuanqiao looked at Li Yuan.
He already knew what Li Yuan was thinking.
So he comforted her, "Don't worry, there should be results in a month. The main thing now is that we are still short of 3 billion. We are trying to find a way to get it for you."
Li Yuan asked: "Three billion? Does that have anything to do with the foreign exchange quota?"
"Yes, the 10 billion will all be converted into foreign exchange quotas at that time."
Li Yuan: “????”
"That's 1.5 billion US dollars. How can I afford such a big deal?"
Not to mention him, even if Yu Chenguang worked himself to death, he would not be able to get the quota of 1.5 billion US dollars.
Currently, there are only a few QDII funds in China with a quota of more than US$2 billion, and the vast majority are within US$1 billion, and the supervision is very strict.
He couldn't imagine why he was able to directly handle a scale of 1.5 billion US dollars.
Jiang Yuanqiao said helplessly: "I originally wanted to put it in A-shares, but after investigation, they found that you were too aggressive in trading. Putting it in A-shares would destroy the already unstable retail investor structure, so I thought of letting you try U.S. stocks."
"Who do you mean by 'others'?"
"It's a national fund. They took 5 billion, and we pooled 5 billion together, which is exactly 1.5 billion US dollars. We will give it to you to manage."
“Ohhh…”
Jiang Yuanqiao found that Li Yuan was not surprised at all, so he said, "You don't even want to thank us? This is not an opportunity that ordinary people can have. Once you are selected by the national big fund, there will be many benefits in the future."
Of course Li Yuan knew what the benefits were.
As far as the entire domestic financial structure is concerned, what is lacking is not money.
What is lacking is a place to invest money.
For example, there are trillions of dollars in pension accounts every year. This money cannot be spent and can only be used to buy some stable financial products.
However, the returns from prudent financial management cannot keep up with inflation, and over time, there will be a gap in the pension fund.
If there were trustworthy financial management, and if Li Yuan could conquer them , then in the future people would be able to easily give Li Yuan hundreds of billions for investment.
Just the management fees alone make billions a year.
If you sign a profit sharing agreement, you can earn more.
Of course, the most important thing is not making money, but having a real backer. As long as he doesn't make any mistakes, he doesn't have to worry about anyone causing trouble for him.
But Li Yuan smiled and said, "I made money for you, why should I thank you? If I lose money, it's natural for you to scold me. If I make money, you should thank me."
Jiang Yuanqiao: "..."
He felt that Jiang Yiling just liked Li Yuan's madness and shamelessness.
"Don't say this outside, lest people misunderstand you. No matter what department it is, anyone who is in charge of operations doesn't want to hear these words."
Not to mention a large national fund, even if it is a guesthouse in the village, if you act arrogantly and boss people around, with an attitude that doesn't take them seriously, even if they don't dare to do anything to you in front of you, they will disgust you behind your back somewhere else.
"Okay, I'll listen to you. But there is one thing I want to ask you. Yu 's matter has nothing to do with you, right?"
Jiang Yuanqiao was stunned. "You know everything, but you're still pretending?"
"What do I know?"
"Heh... I've never taken any money out, so it has nothing to do with me."
"Oh, that's fine. I'm done eating. I'll take a rest for a while. I'll still have dinner here!"
After Li Yuan finished speaking, he went straight upstairs.
Jiang Yiling sleeps in his room, so of course he has to sleep in Jiang Yiling's room too.
Jiang Yuanqiao hadn't finished eating yet, but suddenly the food didn't taste as good anymore.
But he could see that Li Yuan still took good care of his reputation.
It's just... not very moral.
But he knew Zhou Ranran.
Now there is another Wen Yuxian on the Internet, and Li Yuan has always had many girlfriends.
He didn't mind Jiang Yiling and Li Yuan being together, but it couldn't be so fast, right?
Moreover, Li Yuan said such shameless words last time, and now he enters his granddaughter's room in the blink of an eye as if he were entering his own room?
He decided to wait a little longer. If Li Yuan really did what he said, he still had a gun in his drawer.
…
Li Yuan was familiar with Jiang Yiling's room. He sat in front of the desk, turned on the computer, and began to check some information.
He was calculating how much money he could come up with.
He has money in his hands.
It only takes a little bit of procedure to get the cash out.
One billion yuan was invested in Kingkong Capital, and its current value is close to 3 billion yuan.
And it just so happened that after raising 10 billion yuan in funds, there was still a gap of 3 billion yuan.
It is unrealistic for Jiang Yuanqiao and his team to raise enough money in a short period of time. It will take at least another month or two.
The next step is to apply for foreign exchange quota, which also takes one or two months.
He wanted to come up with 3 billion on his own.
At first, he wanted to discuss the model of management fees plus profit sharing, but he didn't expect that the national big fund would get involved.
That would not be appropriate to discuss profit sharing.
It’s not that they don’t want to give it, but the procedures are too complicated.
It is equivalent to a carrot that originally only has edible value, but you have to forcibly add other expenses. This is not within the system procedures, and the entire contract needs to be redrafted, which may take half a year.
Therefore, if you want to protect your own interests, it is best to put in your own money, just like borrowing someone else's car and hauling some of your own goods at the same time.
Anyway, the car is not full, so it might as well be empty.
It is not difficult to take out 3 billion, but the difficult part is the timing to take it out.
He still needs to ask Jiang Yuanqiao about this matter.
So during dinner, he said, "Old man, you are still short of 3 billion, right? How about I give you 3 billion to make up for it?"
Jiang Yuanqiao asked: "You have so much money?"
He was not surprised that Li Yuan took out one billion.
But why did he come up with 3 billion?
From the first transaction to now, it has been less than four months, and he started from almost nothing and made 3 billion?
"Almost. It will be available next Monday."
"Hmm? What do you mean?"
"I invested 1 billion yuan in the company. That 1 billion yuan is in the Sky Hybrid Small and Medium Cap Fund. According to the current net value, it is worth more than 2.9 billion yuan."
"???"
When did Li Yuan have one billion?
Was there so much money before Kingkong Capital was acquired?
Where is he from?
Didn’t he just make a few hundred million from Tianqi shares?
There were some before, but the total amount was only tens of millions...
Then what?
Where did he get the billion?
"When you took us out to play, were you hiding something behind our backs?"
Li Yuan said hurriedly: "No, I'm not that kind of person. I've given you the most profitable market. I just made a few hundred million from Tianqi shares, nothing else."
If he had not given Zhou Ranran more than 400 million, his funds would have exceeded 1.5 billion at that time.
"How much money you made, how could I not know? You must have started your own business later."
Li Yuan: "Really? If my securities account hadn't been cancelled, I would have taken it out and shown you the transaction records right now ."
After Li Yuan acquired Kingkong Capital, his several securities accounts were gone, as securities system regulations did not allow him to hold any private accounts.
"Okay, okay, I'm not blaming you. But you have to think about it. Do you really want to bring your own money in?"
"Why? Can't I?"
"Of course you can. If you bring money in, the national fund will be happy for it. After all, they won't have to worry about you doing anything weird, and the control will be much less. But for you, the risk is also much greater... But if you really lose it all, you probably won't have any chance in the future, so just invest in it."
Li Yuan thought so too.
If something goes wrong this time, although the consequences will not be as serious as private placement, it will also disappoint many people and it will be difficult for them to recover in the future.
"So when do you think the quota will be available?"
Li Yuan also needs to prepare in advance. There are fewer and fewer opportunities in A-shares. He is now dealing with private equity funds. After a while, he will only be able to cut retail investors.
There is no point in cutting off retail investors.
"If you are sure you want to take 3 billion, I will contact someone right away and have the National Fund start other procedures. It will take at most one and a half months."
"One and a half months...just right..."
Next, Li Yuan can prepare to withdraw from Qingtian Mixed Small and Medium Cap Fund, which also allows Guo Meng, the scapegoat, to take over the position in advance.
The market conditions next year are supposed to be particularly bad as the global economic situation is not good, and the market index will reach 2,400 points next year.
There was almost no activity and he was powerless to change the situation.
But I still have to keep my own brand, so...
Anyway, it’s not the first time that Guo Meng has taken the blame. She is already very skilled at this kind of work. If the psychological blow to her is really too severe, just increase her salary.
His golden signboard cannot fall down.
"Li Yuan, the US stock market is closed at night, you must take good care of your health..."
"Yeah, I know. It just so happens that I'm planning to exercise recently, but I haven't decided whether to find a gym or set up my own gym and hire a personal trainer."
Jiang Yuanqiao laughed and said, "Do you really want to exercise? How about I recommend a place for you? It's guaranteed to be useful."
"Where?"
"This is an absolutely reliable place. If you can stick with it for two months, I guarantee you will have a strong body!"
Li Yuan: “…”
He probably knew where it was.
However, the iron body was still a great temptation to him.
"You won't take revenge on someone else, will you?"
He somewhat suspected that Jiang Yuanqiao did it on purpose.
What if someone uses force on me?
"Anyway, I won't force you. You can go if you want."
Jiang Yuanqiao looks like he's going to do you a private job.
Li Yuan gritted his teeth and said, "Go! But please be careful and don't kill me. You don't want your granddaughter to be a widow for the rest of her life, right?"
