v2 Chapter 567： A giant with 0 billion assets

Rebirth: The Most Powerful Henry 567 Author Huang Laoshi Full text number 2364 words

Next, Xia Yu successively put forward opinions to several other people, and then entered the collective negotiation process. After the entire meeting, the various subsidiaries of Jiuding Culture Media Group were more closely connected, and the utilization rate of resources increased to a higher level. Competitiveness has a very good bonus. After the meeting of Jiuding Culture Media Group was completed, Xia Yu held a meeting of Jiuding Financial Group the next day. Compared with the previous day, the number of people in the meeting was very small, only Xia Yu, Wang Qi, Liu Tianci and Jason Gregg were four. Each of Wang Qi and the others is a big figure in Xiangjiang's financial industry. At this time, they looked very ordinary in front of Xia Yu. Following the same process as before, Xia Yu asked them to report to him one by one on the operating conditions of the companies they manage. The first is Jiuding Securities, the oldest company, which is well managed by Wang Qi. After Xia Yu went to the UK, Wang Qi continued to attract elite talents and set up new funds to raise funds. Following the original Huizhong No. 1, Huizhong No. 2, Huijin No. 1, Huijin No. 2, Changqing No. 1, Jiuding Bank No. 1 and Jiuding Bank No. 2, Jiuding Securities has once again launched Huizhong No. 3 and Huizhong Funds No. 4, Huijin No. 3 and Huijin No. 4 each raised 300 million Hong Kong dollars for a total of 1.2 billion Hong Kong dollars. At this time, the original raised capital managed by Jiuding Securities has reached 3 billion Hong Kong dollars! But the outside world has always urged Jiuding Securities to open a new fund. I don't know how many people are staring at Jiuding Securities, so Wang Qi has been recruiting elites and intends to open a new fund as soon as possible. Jiuding Securities is highly sought after in Hong Kong and even in Southeast Asia because the return on investment of its managed funds is too high. Years ago, Jiuding Securities held the first dividend meeting for fund shareholders to introduce the operation of the fund to investors and pay dividends on the spot. The atmosphere at that time was very enthusiastic and there was a tendency to overturn the roof. No one, just because Jiuding Securities' fund returns are too high! The earliest Huijin No. 1 and Huizhong No. 1 funds have investment yields of 146% and 144% respectively, and this is not a one-year return. The majority of Xiangjiang's funds have already been suspended. Properly star funds . Then because of the special stepped income share set by Jiuding Securities at that time, when the investment rate of return is higher than 70%, Jiuding Securities will receive 50% of the income and investors will receive 50%. As a result, Huizhong No. 1 and Huizhong No. 2 funds belong to investors' returns of 73% and 72%, respectively. In less than a year, assets have appreciated by 73% and 72%, which is definitely a bumper harvest for investors. When Wang Qi announced at the conference that investors had gained the benefits, the audience was boiling. As for the Huizhong No. 2 and Huijin No. 2 funds, and Evergreen No. 1 funds set up later, although their operating hours are shorter, their investment returns have exceeded 50%, which surprised many investors. After the conference, most investors shared their wise decisions and high profits with family and friends, which made them enthusiastic. Obtaining such a high return and such a good publicity opportunity, Wang Qi of course grasped it and informed Yan Wenhan, and then Jiuding newspapers hyped up, driving the entire Xiangjiang stockholders crazy. Well-invested funds have such high yields, so what stocks are they going to buy? With this Dongfeng, Wang Qi opened four funds in a row and raised 1.2 billion Hong Kong dollars. The fundraising was completed in less than three days. Many investors waved their checks but were rejected by Jiuding Securities. The more they refused, the investors would The more confident you are in Jiuding Securities, the more you want to invest. This grand scene makes many of Xiangjiang's colleagues jealous, but they can only lament. There is no way, the financial market is like this, real benefits are the root of everything! At the end of the year, all fund incomes were divided into dividends, excluding the income from its own funds, and the investment management income alone, Jiuding Securities received 380 million Hong Kong dollars, deducting a series of expenses such as operating costs, bonuses, and net profit of 340 million Hong Kong dollars. Of course, Wang Qi has not announced this profit. Jiuding Securities has not been listed. There is no need to expose it. Anyway, investors and capital markets already know the power of Jiuding Securities. If it is too late, they have to hide it for themselves. After Jiuding Securities Co., it was Jiuding Bank. In view of the strategic cooperative relationship between Jiuding Bank and Jiuding Securities, when Jiuding Securities was gaining momentum, the bonus effect for Jiuding Bank soared, and many people opened accounts in Jiuding Bank. Especially many investors who received dividends, after Wang Qiyu advertised Jiuding Bank at the cocktail party, almost all deposited their money in Jiuding Bank. So far, Jiuding Bank’s non-consortium deposits have reached 2.76 billion Hong Kong dollars, and the number of accounts opened has reached 487,000. Thanks to Liu Tianci’s efforts and the advantage of the consortium, many brother companies in the industry chain have opened accounts in Jiuding Bank, allowing the companies to go to Jiuding Bank. This makes the total monthly turnover of Jiuding Bank’s non-consortium Soaring every month has now reached 570 million Hong Kong dollars. If you add the deposits and liquidity of all companies of the Jiuding Consortium in Jiuding Bank, the total assets of Jiuding Bank have reached 6.8 billion Hong Kong dollars! A large bank properly! The last is Jiuding Insurance Company, Jason Gregg is a good player in business and capital. After Jardine Insurance was acquired and renamed Jiuding Insurance, its monthly premium income has been growing rapidly. In the month of taking over, its monthly premium income increased by 32% year-on-year, and the year-on-year growth rates in the following months were 34%, 36%, and 39. %. Calculated last year, Jiuding Insurance Company's life insurance, property and casualty insurance and other insurance types for the whole year (including Jardine Insurance period) collected 35.74 million Hong Kong dollars in premiums, and the total compensation was 14.12 million Hong Kong dollars. The gross profit of premiums exceeded 20 million. Then there are the assets investment of the original insurance company. Jason Gregg also followed up with stocks and gold, which allowed the company's assets to grow rapidly, especially the gold futures, directly using high leverage. With sufficient capital, the company's capital investment income reached 470 million Hong Kong dollars, making Jiuding Insurance Company's total assets officially exceed the one billion mark and become a veritable Xiangjiang Insurance Company. The operating conditions of the three companies are all very good. After Xia Yu added up the data of each company, he found that the total assets of Jiuding Financial Group had exceeded the tens of billions of Hong Kong dollars. Of course, the total assets are not net assets. After all, although Jiuding Bank's total assets have reached 6.8 billion, the net assets are at most about 800 million. This depends on the increase in income and return on investment. But in any case, if the money is in the hands of Jiuding Bank, it has the right to use it, and the influence of the money also belongs to Jiuding Bank. With tens of billions of assets in hand, Jiuding Financial Group, Xia Yu can confidently say that he is definitely Xiangjiang's leading financial magnate.