Chapter 406: Principal and Interest Guarantee Beats Everything
However, as he was born into a prominent family, Shi Wuwei remained calm on the surface and walked towards Lin Shuyi with steady steps.
Before I even got close, she had a familiar smile on her face and said polite words: "Shuyi, we meet again. How is your uncle doing recently? It seems like I haven't visited him for a long time."
After exchanging a few pleasantries, he pretended to casually cast his gaze on Lu Yiming and said in surprise, "I guess this must be Mr. Lu Yiming, the self-made man who made it onto the Hurun Rich List at a young age?"
"It is my honor to meet such a great man like Mr. Lu."
Although it is said that you should not hit a smiling person, Shi Wuwei was obviously just being polite on the surface. Lu Yiming was never bothered to deal with such smiling tigers. He immediately smiled and shook hands with him, and nodded in reply, "Indeed."
As soon as these two words came out, Shi Wuwei was choked and speechless.
You are so immodest!
However, Shi Wuwei quickly adjusted himself and said secretly, "Haha, Mr. Lu is really young and energetic."
"If you don't have a lot of energy, can you still be called a young person?"
Lu Yiming's answer blurted out, choking Shi Wuwei again.
“…”
When it comes to talking skills, even if there were ten Shi Wuweis, they would probably not be able to beat Lu Yiming. After being repeatedly criticized, Shi Wuwei suddenly felt a little overwhelmed. After saying a few words, he ran away to receive other guests.
Seeing Shi Wuwei fleeing in panic, Lin Shuyi turned to look at Lu Yiming and couldn't help but scold him, "You guys, you still have the same old problem. You offend people as soon as you come here."
Lu Yiming retorted with disdain, "Do I have to fight with any random person? I'm not idle, and that guy is smiling but not smiling, and it's obvious that he is not a good person."
Lin Shuyi rolled her eyes at him, pursed her lips and said disdainfully: "I don't think you are a good person either."
Just at this moment, an Audi 100 appeared, and Wang Juntao took Joe Bert out of the car.
Shi Wuwei and Wang Juntao were old acquaintances. They had done business together several times before and had done many things together. He was also familiar with Joe Bert. After all, he had spent a lot of effort to invite this top student from Wall Street to come from the United States to help him manage the situation.
So when he saw Joe Bert coming, he hurried forward and was extremely attentive.
Afterwards, he proudly boasted in public about Joe Bert joining his King's Fund, and then boasted about the private equity investment projects that the King's Fund was about to launch, which attracted waves of exclamations.
Lin Shuyi and Lu Yiming sat in the distance drinking cold drinks and listening to these people talking there.
Before coming, Lu Yiming thought he could meet some acquaintances and discuss some business. However, when he arrived, he found that they were just a few rich second-generations bragging to each other. He was immediately disappointed and had no interest in even going over to say hello.
Lin Shuyi had no choice but to accompany him to prevent him from talking nonsense and offending people.
The two of them sat in a corner. Lin Shuyi had obviously heard what Shi Wuwei had just said, so she was a little curious: "What do you think of their private equity fund? Shi Wuwei was able to invite even the elites of Wall Street. I guess he is planning to make a name for himself in the investment field."
The implication is that Lin Shuyi seems to be quite optimistic about the future development of the King Fund.
However, Lu Yiming was disdainful: "What a bunch of Wall Street elites! You can make more money by just tying up a dog on the street to trade than these so-called professionals."
Lin Shuyi frowned slightly after hearing this, and her expression was even more puzzled: "It's not as exaggerated as you said, right?"
Lu Yiming laughed contemptuously and said, "It's just a loss anyway. Let the dog pay you and you can save some wages. For people like you who wear suits and ties, they will lose their pants in the A-share market sooner or later."
People in the country might not be able to imagine this kind of thing at this time, but Lu Yiming knew it very clearly.
No matter how great the Wall Street stock god is, if he dares to come and play in the A-share market, he will still be slaughtered like a leek by those local tyrants. This is not a question of whether you have any skills or not, it is obvious that they are here to slaughter you, and even if Jesus came, it will be of no use.
Just like the Scallop Run incident, which defrauded shareholders of hundreds of millions, what was the final outcome?
A fine of five hundred thousand!
What’s the difference between this and being punished by drinking three cups of wine?
What elite Wall Street analysts and traders can beat this?
As for the profits promised by Shi Wuwei, they are even more ridiculous. Anyone who believes them is an idiot.
In other words, there are few Wall Street elites who have lost money in the A-share market, and people in China still believe that foreign monks can chant sutras, so they believe in such things.
On the high platform, Shi Wuwei held the microphone and spoke loudly, looking forward to a bright future.
"Our King Fund's financial products are purchased once and benefit you for life. Currently, we only accept investments of more than 200,000 yuan, and guarantee a 12% return rate every year."
When everyone heard this, they were all amazed.
An annual rate of return of 12 percent is really not low.
"Now, I don't have to throw my spare money into the bank. This is much more cost-effective than the bank."
"The bank guarantees the principal and pays the interest. This kind of financial management seems to be risky, right?"
"The Shi family is a well-known family in Baiyun, and they have also invited financial elites from Wall Street. How could they lose money? Absolutely not!"
Many people thought that what he said made sense, and for a while, there was an endless stream of people coming forward to consult Shi Wuwei about specific investment matters.
Shi Wuwei was also in high spirits and responded appropriately, answering investors' questions one by one, making both the host and the guests happy.
Soon, one deal after another was concluded quietly. From the smile on Shi Wuwei's face, it can be seen that he has achieved fruitful results.
It seemed that the success in his career gave Shi Wuwei more confidence. He swept his eyes across the crowd, finally settling on Lin Shuyi and Lu Yiming, and walked towards them.
Shi Wuwei is the protagonist of tonight's party, and his purpose is to promote the King Fund and Joe Bert's private equity fund among these rich second-generation circles.
"I'm sorry, I was a little busy just now. I hope I didn't neglect you two."
While speaking, Shi Wuwei's eyes were always fixed on Lin Shuyi.
As for Lu Yiming, he was completely ignored by him.
Lin Shuyi had a smile on her face, giving Shi Wuwei enough face: "Congratulations on the success of your King Fund."
Private equity funds like this originated in the United States at the end of the last century.
The world was in a period of drastic change at that time. Many wealthy private bankers invested their funds in risky emerging industries such as oil, steel, and railways through the introduction and arrangement of lawyers and accountants.
This type of investment is entirely decided by individual investors and there is no specialized organization to organize it. This is the prototype of private equity funds.
Similar to the development of private equity investment in the United States, China's exploration and development of private equity investment also started with venture capital.
In the 1980s, Xiaguo’s first venture capital institution, the New Technology Venture Capital Company, came into being, which later became the famous Zhongchuang Company.
After entering the 1990s, a large number of overseas private equity investment funds began to enter mainland China, which set off a wave of private equity investment in this emerging economy.
The first wave of investment occurred after 1992.
The investment targets at this stage were mainly state-owned enterprises, and most overseas investment funds cooperated with various Chinese ministries, such as the cooperation between Norinco and Jialing.
However, due to the poor system and serious administrative intervention, it was difficult for investment institutions to find good projects. In addition, there were few overseas listings at the time, and it was impossible to exit through full circulation in the country. Private equity investments could not find a way out, which led to the failure of investment funds when they first entered Xiaguo. Most of these funds withdrew or dissolved before 1997.
It has basically disappeared in the past two years, but the introduction of new policies in 1999 has once again greatly encouraged enthusiasm for developing private equity investment, setting off a second short-lived investment boom.
Joe Bert came here for this purpose, and Shi Wuwei also wanted to use this method to attract funds, participate in some large-scale engineering projects, and reap benefits.
Actually, from a business perspective, this business is still very promising.
After all, although there are many wealthy people here today, many of them are not very strong individually. If they work alone, some engineering projects will not be theirs at all.
But it will be different if Shi Wuwei takes the lead. If enough funds are gathered, some resources and channels that were previously inaccessible will be opened to them.
That is why many people are so interested and eager to invest.
Even Lin Shuyi was a little moved.
However, Lu Yiming didn't have any idea at all.
Because he knew that private equity investment in the country during this period was basically a dead end, and there were very few successful people.
Ultimately, the problem lies in the exit channels. A lot of money can only come in but cannot go out.
Who would dare to come and play if they can't leave?
Therefore, Lu Yiming was not optimistic about Shi Wuwei's King Fund, but he was not Shi Wuwei's biological father, so he naturally had no obligation to remind the other party. What's more, the other party might not be willing to listen, and might even blame him for being a pessimist in his heart.
Shi Wuwei raised his goblet and gestured to Lin Shuyi, asking, "How is it? Miss Lin, do you want to come over and help? You just heard that the return rate of our project is quite good."
Lin Shuyi was speechless for a moment.
He had just heard Lu Yiming's complaints and knew that this was mostly a gimmick. In addition, she had been cooperating well with Lu Yiming's Future Fund and making a lot of money. It seemed a bit inappropriate to change her partnership in front of Lu Yiming.
However, after all, we are all in the same circle and see each other every day. If we refuse directly, it would be a bit embarrassing.
Just as Lin Shuyi was thinking about how to respond to Shi Wuwei, Lu Yiming said in a sarcastic tone: "The annual interest rate is only 12%, and it doesn't guarantee the principal. It's not that high."
Shi Wuwei looked at Lu Yiming unhappily, thinking he was looking for trouble, and immediately asked rudely, "Mr. Lu, do you have a better way to invest?"
Facing Shi Wuwei's rage, the smile on Lu Yiming's face did not diminish at all.
"If you talk about other things, I may not be sure, but if you are talking about this way, then I really have it."
The Hurun Rich List has revealed that Lu Yiming owns a fund company, so if we round it off, Lu Yiming and Shi Wuwei can be considered half in the same industry. Shi Wuwei said coldly, "Speaking of opening a fund company, Mr. Lu and I are in the same industry. So, are you going to destroy my business today?"
Lu Yiming shook his head and said confidently: "Mr. Shi, what I said is true. I just think that the rate of return you gave is too low. Is this called ruining the place?"
After a pause, Lu Yiming continued, "Boss Lin gave me a sum of money at the beginning. It wasn't much, only 1 billion yuan, and asked me to help her manage it. And I spent more than half a year to help her multiply it several times, do you know?"
Shi Wuwei frowned and asked, "How many times?"
This kind of thing can't be found on the Hurun Rich List.
Lu Yiming raised two fingers and said slowly, "Twice, and it will double again next year."
Shi Wuwei's expression suddenly turned ugly after hearing this. Lu Yiming's move was undoubtedly a slap in his face.
After all, Lin Shuyi invested in his King Fund, and the annual interest rate was only 12%. This was still the best case scenario. If anything unexpected happened, she might even lose money.
But Lu Yiming only took half a year to double Lin Shuyi's income!
Shi Wuwei really wanted to scold Lu Yiming for talking nonsense, but when he saw the expression on Lin Shuyi's face, he realized that what Lu Yiming said was true.
At this moment, Shi Wuwei really wanted to hit someone, especially to beat Lu Yiming's "hateful" face.
And you still say you're not here to cause trouble?
Shi Wuwei is one of the focuses of tonight. Wherever he goes, he will naturally attract some attention.
The conversation he had just had with Lu Yiming was also overheard by many people.
Someone whispered, "Boss Lin gave money to Lu Yiming for investment? Doesn't Jingwan Group have its own way to make money?"
Someone agreed: "That is to say, people in real estate should be the ones who are most in need of funds, right?"
Someone who knew the inside story quickly explained: "You don't know this. Mr. Lu has a nickname, haven't you heard of it?"
"What's that nickname?"
"Little stock god."
"What do you mean?"
"Didn't you read the report? Lu Yiming is so young, and he started from scratch. Do you know how he got this wealth ? After reading the report, I thought it was a story made up by someone else - no, you don't even dare to write a story like that, because you will be criticized for being illogical. Are you kidding me? Only novels need logic. When has reality ever been logical?"
At that moment, this person told everyone the story of Lu Yiming's rise to wealth.
"My goodness, this speed of making money is really amazing."
"If that's what you said, why don't you ask Lu Yiming for help instead of giving the money to Shi Wuwei? Doesn't he have a future fund under his name?"
“That makes sense.”
"Let's go and ask him."
Immediately, several people came over and asked about the future fund.
Seeing that a fat sheep was offered to him, Lu Yiming naturally did not refuse it and immediately told everyone about the investment policy of the Future Fund.
"The minimum investment for the Future Fund is 100,000 yuan, principal is guaranteed and interest is paid, with an annual interest rate of 9%."
Many people were shocked. Although the annual rate of return was three percentage points lower than what Shi Wuwei gave, the fund would guarantee principal and interest in the future!
This money is a sure win!
"Mr. Lu, I want to invest in the Future Fund."
"I'll vote too."
Shi Wuwei was listening nearby and his face suddenly turned dark.
