Fight to the third generation

The two specialties are almost brought to the extreme by him. As for socializing and so on, it is obvious that he has not made much progress in the past few years.

fortunately.

Wherever Su Yehao goes now, he is almost always the most eye-catching existence, so he didn't deliberately cater to the need to please others, he was the one who was flattered by everyone.

As long as he tried not to offend others, it was enough to make him popular.

That night.

Arranged at the party at the sailing hotel, rich local tyrants abound. In front of Su Yehao, they don't seem to be that rich.

Probably because they sensed that the market conditions were wrong and began to choose to avoid risks, many guests unanimously chose to let his 5S asset management company help with financial management.

It took him almost no effort to negotiate a deal worth more than one billion dollars.

When the news reached the 5S asset management company, it is estimated that many salesmen burst into tears, regretting that Su Yehao didn't bring himself when he was discussing business, and missed a large commission bonus.

Several royal families sent people over, and some of them had been in contact with Su Yehao before, and they belonged to old acquaintances.

A party without a theme like this is nothing more than providing a social platform where everyone gathers to eat, drink, and chat about various topics.

Su Yehao, who was kicked out of the shelves and said a few words in public, found an opportunity to get close to Zhao Yimeng, and asked in a low voice, "It seems like there was a fly around you just now, and it has been circling you for a long time?"

Zhao Yimeng looked hopeless and explained:

"Do you remember that I mentioned to you that when I was in London a few days ago, I met a warm-hearted aunt who insisted on being a matchmaker for me? The person she wanted to introduce to me was the guy just now. Pass my information, and want to invite me to walk the dog and play birds in the desert tomorrow."

"You want to talk about greyhound racing, and let the eagles catch the rabbits."

The corners of Su Yehao's mouth twitched. It was really hard for Zhao Yimeng to talk about such an interesting event in such a boring and boring way, and it was even a bit vulgar.

Zhao Yimeng replied:

"Almost, they all mean the same thing. Do I look wild and beautiful? Why do you think I'm interested in these things? The sun in Hong Kong City is scorching. It's hard for me to maintain my current skin color. I'm crazy to go to the desert to bask in the sun." sun."

"If you don't make an excuse, why ask you out? You didn't agree, did you?"

"of course not……"

Chapter 1032 The Crow's Mouth Is Very Smart

At the end of October 2007, the golden autumn was splendid.

Stockholders in the mainland are still immersed in a jubilant atmosphere. The Shanghai Composite Index has successfully broken through [-] points, and there is no tendency to stop the pullback.

Even the grocery shopping aunt who knows nothing about the market or the economy will ask everyone if the stock has risen and how much they have made recently.

Many "experts" even let it go, saying that this time the Shanghai Composite Index broke through [-] points, and it is just around the corner, and it is not a dream to break through [-] or [-] points.

Many stockholders are just like picking up money with sacks, watching the assets in their accounts go up every day.

In this regard, I can only say that the old stock god's phrase "I am afraid when others are crazy" is one of the most reasonable sayings in the investment world. No accident, the accident really came quietly.

It's just entered November.

at first.

The mainland stock market fell sharply at the opening, and people only regarded it as a correction due to the negative impact of the external environment.

Many stocks all fell by the limit, and many people still hoped for a rebound.

Su Yehao, who had already returned to Hong Kong City, saw the article "Notice on Issues Concerning Further Improving the Risk Management of the Fund Industry" from the report.

When he discovered that the above-mentioned fund companies were required to effectively control the sales scale, he knew that a soft landing was unlikely. This was an attempt to actively pierce the stock market bubble and avoid dragging down economic development.

In fact, since the third week of October, 5S Asset Management has suspended the sale of mainland funds. The reason given is that the management capacity is temporarily saturated. Old users can redeem assets normally, but they cannot continue to subscribe.

Like 5S Asset Management, other fund companies have also received the above notice and suspended subscriptions one after another. This is obviously to limit the flow of funds into the stock market.

Coupled with the tightening of monetary policy, as well as the current big negative factors such as soaring inflation and declining corporate profitability, a round of slump is inevitable.

Check your phone while eating breakfast.

After reading many related articles, Su Yehao sighed and said: "Don't guess, today is another sharp drop, no wonder many people are crazy @我 on Yinhai Weibo, how dare I speak out at this time."

Jiang Yu sat at the table and ate fried eggs, and said calmly:

"Greed is human nature. Human weakness determines that many people are easily blinded by interests and ignore the huge risks behind stock trading. Don't you think there is a bubble in the stock market for a long time? Why don't you write a small essay to depress the market heat?"

"I?"

Su Yehao said speechlessly:

"I sold it like crazy and cashed out 4000 billion to [-] billion. What else can I do? There are quite a few people who come out and say that the stock market is going to crash. Those investors are too hotheaded to listen."

Nangong Tian helped explain:

"Yes, yes, it's about investment. It's best not to express any opinions. If the stockholders who enter the market and plan to make a fortune and run away fail to make money, and the people who hold the stocks lose money, isn't Brother Hao being punished?" Sandwiched in the middle, both sides are not pleasing."

Su Yehao took a bite of the fried egg and said:

"That's right. Giving investment advice is the most troublesome. If you are not careful, you will be wronged at both ends, and you will be scolded in vain. Now I only care about how big the risk is. If open-end funds are run on, do they have enough funds?" Cash flow may cause systemic financial risks, which in turn will make the stock market and Christians even worse. I will find an appropriate time to support the market, but it is definitely not now, at least it will fall by half first.”

"what!"

Nangongtian yelled suddenly, scaring the two children and Su Yehao, and they all looked at her.

I saw Nangong Tian got up in a hurry, and said in his mouth: "It's over, it may fall by half, so much? Last time I asked my mother to sell the stock, she said that I can wait, I guess there is still money in the stock market."

Jiang Yu also stood up and said, "Wait for me! I also want to call my dad. Ah Hao's crow's mouth is very sharp. Since he said he would fall in half, he would at least cut in half."

"..."

Hearing the words Crow's Mouth, Su Yehao said unhappily:

"What a crow's mouth, I am objective analysis and scientific judgment. Well, look at the price-earnings ratio of those listed companies, the average is over [-]. In addition, there are a bunch of speculators madly fighting, making the market a mess. It is strange that there are no problems. .”

This time, the bubble grew under Su Yehao's nose.

When it comes to economic issues, one small move affects the whole body, not to say that suppression can be suppressed, especially in the case of national speculation, people become blind and irrational.

Even the increase in stamp duty in May failed to dampen the enthusiasm of the market, let alone Su Yehao, a businessman who did not have a monetary policy toolbox, basically did everything he could.

For example, reducing holdings for cash, issuing a series of risk warnings through the company, suspending the sale of new funds, and ending the closed period of several private equity funds in advance.

Many people didn't listen to the persuasion, and continued to try to make money out of the fire, and Su Yehao couldn't do anything about it.

This is equivalent to a group of people gathered at the gaming table, who were having a great time playing, and he suddenly leaned over and overturned the gaming table, saying it was for their benefit.

But in fact, if the newcomers want to win money, and those who lose want to make money, they will not thank Su Yehao.

When encountering this kind of thing, even the higher-ups dare not act rashly, and he has no need to get involved. Therefore, out of a sense of responsibility, he helped as much as possible, and was mainly responsible for reducing the risks of himself and 5S asset management investors.

Nangong Tian ran back quickly, sat at the dining table and said:

"It's safe. Her A-share fund fell 4.4% yesterday, and she has already chosen to sell it. Unfortunately, the amount of redemption is determined based on today's closing price. The total amount is about 6000 million yuan. How many more points do you want to be thankful for?"

Su Yehao shook his head and said:

"It's hard to say. In order to avoid a panicked fall and cause other risks, we may come forward to release some good news today. There are very few stock market crashes that really make people have nowhere to go. Most of them actually have a chance to escape, just out of luck , Investors often feel that now is the bottom, and they are locked in step by step. It is very important to act decisively. I think this perineum will fall for a long time. After all, the international market is still holding up, and the bubbles in the mainland and Hong Kong are a bit dangerous.”

"That's what it means that my mommy sold it right."

Nangong Tian nodded in satisfaction and added:

"If it really fell and she escaped successfully, she will be more satisfied with your good son-in-law. You don't know how many people tried to find out about how you invest through her. But my mother doesn't Silly, I will definitely not push you into the fire pit, if someone investigates, it will not sound good if it spreads."

Su Yehao replied: "It's okay, I seldom intervene in the specific management of the company now. My own analysis is different from internal information, which is originally public information."

When the A-share market opened, it was indeed a miserable green.

The Shanghai Composite Index quickly evaporated by three points, and the downward trend has not eased.

Su Yehao specifically asked about the situation of 5S asset management, and learned that from this morning to now, there are already more than 100 billion Hong Kong dollars in funds waiting for redemption.

As he predicted, the official did publish a manuscript. During the market rally, many institutions fled together, and soon took a sharp turn again...

Chapter 1033

next few working days.

The Hong Kong stock market and the mainland stock market staged a high-platform diving for two people.

Su Yehao, who seemed to be cashing out at a high position, was still affected by the total asset scale and fell slightly.

It's just that due to the large amount of cash in the pocket, the drop in yield is relatively small.

Anyway.

Compared with the principal invested, Su Yehao obviously made enough money.

5S asset management also has sufficient cash flow, so he doesn’t have to worry about customers cashing out, which allows him to handle the market with ease and watch the excitement for a while.

A shares rose sharply at the beginning, but fell even faster in November.

Just three weeks passed, and when the time entered December, the statistics found that the monthly decline in November was as high as 18%. During this process, countless stockholders were affected, and many vulnerable middle-class people were directly sent back. Prototype.

When the general managers of 5S Asset Management and 5S International Financial Investment Bank found him to report on their work together, Su Yehao also sighed from the bottom of his heart, it is best not to worry about making money beyond what he knows.

Regardless of the increase in stamp duty in the middle of the year, or the tightening of funds by fund companies in October, and prohibiting customers from continuing to purchase investment, they are actually sounding the alarm. stock market.

He was reminded in advance that Zhao Yimeng, who went to Singapore to short the FTSE China A50 Index, easily made more than 2 million Hong Kong dollars in November. When the two parties continued to meet on the hybrid sailing yacht, she really "thank you" Su Yehao.

Different from Su Yehao, who is numb from doing business, Miss Zhao is more ambitious, and is still at the stage where she feels that making money is very fulfilling and exciting.

On the other hand, Su Yehao, as if he disliked the hot money, carefully studied the repurchase plan.

It’s just a plan in advance, and I’m going to pick an appropriate time to back up companies such as Meidi Group, Moutai Group, Yanghe Wine Industry, Hengda Real Estate, Yangtze Power Generation Group, Suning Appliances, etc., which have already been listed, including a total of 800 listed companies , the total amount of repurchase is expected to exceed [-] billion Hong Kong dollars.

Due to the large-scale reduction of holdings by him before, the stock price increase of these companies in the previous period was generally lower than that of other listed companies, so there is no need to wait for the bottom to be sold. Instead, the main concern is to protect the interests of investors.

A major shareholder like Su Yehao who doesn't care about the three melons and two dates in the hands of the leeks is simply too rare.

It is estimated that when the repurchase plan is spread, it will have the effect of stabilizing its subsidiaries in advance. At that time, most other shareholders will be sad when they hear it, and shed tears when they see it.

In a healthy stock market, managers of listed companies should consider issues from the perspective of stockholders, instead of following the wind one by one, making trouble when encountering a crisis, and looking for a successor to reduce their holdings and cash out.

Su Yehao's plan to reduce holdings has been suspended in the first week after the stock market crash. The total cash held by him, his family trust, and 5S asset management is as high as 500 billion yuan.

Numerous safe-haven funds are trying to pour into QDII funds and indirectly invest in overseas stock markets through 5S asset management. In consideration of the future of these leeks, Su Yehao also chooses to temporarily prohibit the purchase of QDII funds.

Although the decline seems to be huge, some investors have only spit out some profits for the time being. 5S asset management investors who actually lost money accounted for less than 5%, so the expected run did not happen for the time being.

In this situation, Su Yehao just thought it was okay.

Judging from the data, it is still at a high level. The fall in November was relatively rapid, far from the most difficult time. Next, there is a high probability that a blunt knife will cut the flesh and enter a relatively long-term bear market.

The mainland and Hong Kong stocks fell first, and other markets in Asia-Pacific and Europe and the United States are watching jokes. It may not be too long, and their good days are coming to an end...

……

In Hong Kong City in December, the weather is getting colder.

Nong Qingying sent him a vicuna hair camel-colored coat, and said with a smile during the period:

"Your suit is for men, mine is for women. My son ordered a small one. Everyone knows that we are a family when we go out. Tianrui grows really fast. The clothes I just bought last year don't fit well this year. Let me hug him now that I am tired from going out, how can I hug him."

Vicuna hair is produced in South America. It is an alpaca-like animal that is even rarer.

Su Yehao also had a vicuna wool sweater before, and the fabric was very comfortable.

The price of a random sweater is as high as 10,000+ Hong Kong dollars. It is said that because they are protected animals and can only be combed to get their hair, the hair obtained from twenty or thirty llamas is only enough to make a sweater .

With a little curiosity, Su Yehao asked her, "How much is my item?"

"More than 2 euros, what's the matter?"

"It's really expensive. My son is in school all day, and occasionally fights with his classmates. He can dress casually. If someone throws a few pen and ink points, don't you want to let his parents go bankrupt?"

Su Yehao was joking.

Nong Qingying gave him a blank look, and told him: "It's not like you don't know, he can only wear school uniforms in school, and the style is really ugly."

"The baggy sportswear is to prevent children from comparing each other since they were young. I feel that my decision to send him to Pengcheng to study was not wrong. At least he is still a normal child now, and he has not been spoiled by his classmates. Overlord."

Su Yehao recalled his student days, although he was not so refined, he was still happy.

If you send your child to study in a private school in Hong Kong City or abroad, you don't need to guess. At that time, those gangsters will definitely surround his son. Su Yehao doesn't want his child to become his former self.

It's just a coat, no one really cares about it, after Nong Qingying asked him to try on the clothes, he continued to ask:

"Miss Nangong is pregnant, right? If you put in more effort, I think you can help your son to have a younger brother or younger sister. My son studies every day and has a lot of homework at night. I just have time."

Dude, I'm really running to get a football team together.