v3 Chapter 1410： A giant with more than $70 billion in assets

"Jianning, don't leave, come with me to the office."

After returning to Jiuding Building, Xia Yu stopped Huo Jianning, who wanted to arrange work immediately.

"Come on, according to this list, add these companies to Tiangong Group."

After returning to the office, Xia Yu took out a list, wrote a few more times on it, and handed it to Jianning Huo.

Huo Jianning took it with both hands and looked down.

Tiangong Microelectronics, Tiangong Semiconductor, Tiangong Optics, Tiangong Electric, Tiangong New Energy, Tiangong Computer, Tiangong Shipbuilding...

After each company's name, there are a few lines that set the company's development direction.

Tiangong Microelectronics and Tiangong Semiconductor needless to say.

For example, Tiangong Optical Co., Ltd., whose development direction is to produce automotive glass, camera optical glass, ceramic accessories and so on.

There is also Tiangong Electric Co., Ltd., which is involved in the manufacture of a series of electrical equipment such as transformers, circuit breakers, and power cables.

Tiangong New Energy Co., Ltd. prioritizes the development of the solar energy field, and then enters other new energy fields.

Tiangong Computer Manufacturing Co., Ltd. launched the Tiangong brand of personal computers, and at the same time entered the field of supercomputers.

Tiangong Shipbuilding Co., Ltd. surprised Huo Jianning.

Because of the 34 laboratories of the Tiangong Science and Technology Laboratory, there is currently no research involved in the field of shipbuilding.

Even the power laboratory and the mechanical transmission laboratory are mainly engaged in the fields of automobiles, heavy machinery and small home appliances.

Of course, the most important thing is that the global shipping market has been in a downturn for five or six years, and it is still falling.

Hong Kong’s shipbuilding and ship-repair industries have all been hit to a halt.

"Chairman, is this shipbuilding company put in Hong Kong?"

"Or put it on the mainland?"

Huo Jianning expressed his doubts.

Xia Yu smiled and answered his doubts: "The eggs have to be placed in two baskets."

"I know what you are thinking."

"Don't worry, according to my calculation, in the second half of this year, the global shipping market will get out of the trough and start to rise."

"Now I'm going to start bargaining."

"There were more than 300 shipbuilding companies and ship repair companies here in Xiangjiang. Although most of them have closed down now, these talents are still there. This time a new company was established to bring them all together."

"In addition, Tiangong Shipbuilding Company also needs to open branches in Guangdong, Jiangsu and Shanghai. These three places are the places with the most abundant shipbuilding resources in the southern part of the mainland."

"Okay, I understand." Huo Jianning suddenly nodded in response.

"By the way, let Wheelock Shipping and Orient Overseas Shipping Co., Ltd. prepare for bottom hunting and expansion. The bottom hunting will begin in June this year, and it will be completed by August at the latest!"

"Understand!"

"Well, it's late, let's go home from get off work and do things tomorrow."

"Ok."

After finishing the assignment, Xia Yu got up and left the office, ready to go home.

...

The next half month.

Xia Yu is reporting on the development of various companies, and from time to time he visits individual companies on-site.

Generally speaking, his company has a strong momentum of development.

Whether it is revenue growth or net profit margin, it is a good one.

He has set a long-term development strategy for every company he has handled, led the establishment or acquisition of.

Under the circumstance that the person at the helm does not lose the management level, there will be no accidents.

just after sorting out his assets.

Three impressions were formed in Xia Yu's mind.

One. Although the family office has been sorting out his assets, there is still a lot of room for resource optimization and integration.

2. Although there is a lot of money, it is still not enough in combination with future development. He needs more capital to increase his influence on the world. It is too slow to rely solely on his own capital and the capital development of existing outsiders. Up!

3. His financial empire is already very large, but there is still a lot of internal potential that has not been discovered. The puzzle is not complete. In addition to banking, securities and insurance, the influence in other fields is not enough!

The expected date of delivery for the wives is June and July.

Before the children were born, he certainly would not, nor could he leave Xiangjiang.

There is still such a long time now, he must make good use of it!

is only for these three aspects. Xia Yu thought about it and found that some are easier to do, such as resource integration to explore new markets and set foot in new fields.

But there are many that are very difficult, and there must be a suitable person to steer the helm, otherwise it will not be good at all.

After careful screening, Xia Yu discovered that he still had to let his most capable cadre—Wang Qi do it.

Before, Xia Yu laid the foundation for Wang Qi, and then stocked him in the past two years, allowing him to grow up in Xiangjiang and the island country.

Of course, the burden is no less.

Wang Qi returned to the position of president of Jiuding Securities Company, not only responsible for the globalization strategy of Jiuding Securities Company, but also needed to manage the Xiangjiang Futures Exchange.

Under his management, both aspects have developed very well.

After this period of time, Xia Yu also personally visited Jiuding Securities Co., Ltd. and Xiangjiang Futures Trading, and he knew the situation of these two companies well.

As for Jiuding Securities, its total assets have reached 74.54 billion U.S. dollars, but nearly seven of them are assets under management.

There are also big differences in asset distribution.

Heungjiang Jiuding Securities Co., Ltd. has the most assets, with total assets of 26.14 billion U.S. dollars, followed by the island country Jiuding Securities Co., with total assets of 18.37 billion U.S. dollars, and the United States Jiuding Securities Co., Ltd., with total assets of 13.18 billion U.S. dollars.

Then the assets of Jiuding Securities in the United Kingdom are US$4.25 billion, and the assets of Jiuding Securities in Canada are US$3.66 billion.

In addition to companies in these five regions, Jiuding Securities in other countries and regions around the world have a total of 8.94 billion US dollars in assets under management.

In terms of revenue data, Jiuding Securities' total turnover last year was 10.32 billion U.S. dollars, and its net profit was as high as 4.31 billion U.S. dollars.

This is not considered undelivered investment floating profit, otherwise the income will explode even more!

The reason for such a terrifying net profit is that the actual source is that more than 20 billion US dollars of assets are self-owned assets, and the profits made by this part of the funds are entirely their own.

Otherwise, just by charging investors' management fees and commissions, a net profit margin of more than a dozen points would be extremely high!

It is precisely for this reason that Xia Yu’s Jiuding Securities Co., Ltd. has not yet been listed, even if it is only a branch of a certain country, it is not listed!

It is not uncommon that the ratio of self-owned capital in the world is higher than that of Jiuding Securities. There are even 100% self-owned capital, but the kind of small securities companies that are still in the early stages of development.

But there is no similar situation in the world that has reached or approached the asset scale of Jiuding Securities, and there is only Jiuding Securities.

Let's talk about the Xiangjiang Futures Exchange.

Futures trading commodities are much richer than when they were just rebuilt.

In addition, the financial market in Hong Kong has been very prosperous, and it has the atmosphere of the world's financial center.

Of course, the Hong Kong Futures Exchange has become very prosperous, and overseas capital investment is very active.

In 1985, the trading volume of the Hong Kong Futures Exchange successfully exceeded 4 trillion Hong Kong dollars. UU Reading forecasted 5 trillion Hong Kong dollars, reaching a scale of 48125 billion Hong Kong dollars. The average daily trading volume on a working day was 19.25 billion Hong Kong dollars, which was 1983. 4.2 times that of the whole year! (Futures leverage is extremely high, so in terms of trading data, it will far exceed the stock market)

And the trading commission of the Xiangjiang Futures Exchange also reached 2.406 billion Hong Kong dollars!

From the perspective of the operating company, if the Xiangjiang Futures Exchange is listed on the stock exchange, the market value is only one or two tens of billions of Hong Kong dollars, and it is not worthy of giving shoes to Jiuding Securities.

But when it comes to the positive impact on Xiangjiang, the Xiangjiang Futures Exchange is stronger than Jiuding Securities.

Holding the Xiangjiang Futures Exchange, he controls the influence on Xiangjiang and the global capital market.

This is something higher than money.

And the control of the influence of Jiuding Securities Co., Ltd. and the Xiangjiang Futures Exchange was in the hands of Xia Yu from beginning to end.

It’s just that Xia Yu hides behind, and it is Wang Qi, the president of Jiuding Securities Co., Ltd. and the chairman of Xiangjiang Futures Exchange, who are pushed to the front desk.

With Wang Qi's influence and prestige in the financial market, there is one thing for him to do, it couldn't be more appropriate!

That is the asset management industry!

An industry that is very mysterious to outsiders and has a feeling of seeing a dragon without seeing the end!