My 1999

After a busy week setting the tone for Hongmeng's future development in the second half of the year, Xu Liang left the Hongmeng spacecraft headquarters.

"Brother Liang, where are you going?"

Huo Gang asked.

Xu Liang looked at the time and said, "Go to the airport."

Huo Gang informed the convoy, and three black Maybachs slowly drove out of the underground garage of Hongmeng headquarters.

Jingle bell bell…

Xu Liang's cell phone rang.

After looking at the caller ID, he pressed the answer button.

"Xiaoyang, what's wrong?"

"Will you finish driving?"

"Um."

"Shang Zhengfeng from Hongmeng Financial called me and said you asked him to contact me?"

"There is such a thing. The main purpose is to promote the development of Hongmeng Pay overseas, especially in the financial aspect."

Xu Liang explained carefully.

“I want to add two ETF funds to the Hongmeng Pay financial page: Huanghuangbao and Baiyinbao.

Let’s see if we can use the wealth attributes of gold and silver to promote these two ETF funds.

Hongmeng Financial has little experience in overseas financial markets. Please help him set up the framework of two ETF funds. "

"Of course it's okay for me to help him, but after all, Hanhua and Hongmeng are two companies, and the interests involved must be clearly distinguished. Otherwise, we will have nothing to do, but it will be bad if there is a misunderstanding between the two companies."

Xu Liang pondered briefly: "Tell me what you think?"

"I think the positioning of Hongmeng Financial Company is a bit vague now. It is both a financial platform and a public fund.

I want both, there is no problem now.

In future development, we will face difficulties in two aspects.

First, eating alone is the target of public criticism.

Second, if fairness is lost, it will be surpassed by other financial platforms that appear to be fairer.

Therefore, I think Hongmeng Financial should find its strategic positioning and become an online financial platform from the beginning, rather than a grocery store that combines online and offline services. "

Jiang Xiaoyang's words were very direct, but they made him hear suggestions that could not be heard within Hongmeng.

In Hongmeng, everyone regards him as a god, and no one questions his decisions.

Even if there are some mistakes, everyone will subconsciously think that they are right.

This is dangerous.

But it's also very realistic.

Jiang Xiaoyang is different. They are husband and wife and have children. Their relationship is very stable and it doesn't matter if they offend or not.

Some words are easier to say.

Xu Liang let out a long breath.

It should be admitted that Jiang Xiaoyang's vision is sharp and his suggestions are very pertinent.

Hongmeng Pay does have the problem of unclear strategic positioning.

The reason is simple. When developing Hongmeng Pay, he subconsciously learned ‘Alipay’.

Even if it is clear, the ant behind Alipay has transformed into a pure online financial platform after its failure to go public.

But at least there are still more than ten years left, and he is not in a hurry to change the strategic positioning of Hongmeng Pay.

"Xiaoyang, your sense of smell is getting sharper and sharper." Xu Liang praised.

"Following you, the world's top financial investment guru, if I don't make progress, I'm afraid I'll be kicked by you." Jiang Xiaoyang chuckled.

"Haha, I can't bear to part with you. But we are an old married couple, and I can tell there is something in your words.

After all, what else are you planning? "

"I knew I couldn't hide it from you.

Recently, I have been preparing the construction plan of the ‘Hanhua Financial Holding Group’ that you talked about last time.

In addition to the eight direct subsidiaries of Hanhua Securities, Standard Chartered Bank, AIA, Hanhua Capital, Hanhua Trust, Qinglong Fund, Pacific Fund, and Phoenix Fund, I also plan to establish a 'Hanhua Financial' to specialize in public funds or 'asset Management'. "

"Why?"

Xu Liang asked.

"Have you noticed? Global asset management and wealth management institutions are now constantly consolidating."

Of course Xu Liang noticed it.

On February 15, 2006, the world-renowned investment management giant BlackRock Group and Merrill Lynch announced their merger.

Merging the investment management businesses of two companies, Merrill Lynch Investment Management and BlackRock, created a new world's largest asset management company, BlackRock.

Its total assets under management are approaching $1 trillion.

In the merged company, Merrill Lynch holds 49.8% of the shares and 45% of the voting rights.

The merged BlackRock has a full range of assets, fixed income, cash management and selective investment products. Its service network covers 18 countries and has more than 4,500 employees. It is the world's top asset management company.

As global asset management giants, Vanguard and Fidelity Investments are not far behind and continue to engage in industry mergers and acquisitions to expand their asset management scale.

Mergers and acquisitions in the asset management industry became increasingly fierce in 2006 and 2007.

Jiang Xiaoyang continued.

“The global business world has been undergoing drastic changes in the past two years, especially the impact of the Internet, which has profoundly changed the business structure of countries around the world.

The same goes for the financial industry.

In the past, the threshold for investment bank wealth management was too high, and ordinary people could not enjoy funds and bonds. These investment channels were only open to the rich.

The only way for ordinary people to obtain investment income is to deposit money in a bank or invest in the stock market through an investment bank account.

The income of the former is too low, the risk of the latter is too high, and ordinary people lack the conditions to identify whether a stock is worth investing in.

But the emergence of ETF currency funds has changed the rules of the game.

Monetary funds have low risks and higher returns than bank loans. They focus on a basket of stocks rather than one or several stocks, which greatly avoids the risk of losses.

The emergence of the Internet has enabled more and more ordinary people to learn about the investment targets of various monetary funds with just a click of the mouse, without the need to go to investment banks or offline outlets, including annual, monthly and even daily averages. All returns.

T+0, or T+1 transactions can be invested and withdrawn at any time.

Convenient for small investors.

Even if you need money urgently, you can withdraw it at any time.

Anyone with a normal IQ knows how to choose.

This phenomenon will have a consequence, more and more money will be invested in ETF currency funds instead of banks.

This will bring a very serious consequence: the bank will run out of money.

In the past, they took deposits from the public, issued loans to individuals and institutions in need, and made huge profits through interest rate differentials.

Now I can't play this game anymore.

If banks want to keep the top spinning, they can only borrow money from monetary funds.

The consequence of this is that the bank's income will become lower and lower. After all, monetary funds are not ordinary people. They will strive for their own interests as much as possible.

This means that ETF monetary funds will become a huge ‘shadow bank’ with real industry influence. "

Xu Liang couldn't help but think of Yu'E Bao.

At its peak, Yu'E Bao's scale was close to 2 trillion Hua Xia Yuan, making it the largest single currency fund in the world.

The five major state-owned banks do not have such an astonishing amount of liquidity.

It’s no wonder that with Jack Ma’s arrogance, when facing media questioning, he repeatedly said that he could hand over Alipay at any time.

This amount of money is really amazing.

Holding it privately in your hand, it's like dancing on the edge of a knife.

Jiang Xiaoyang: “Therefore, we must establish an asset management institution with real industry influence as soon as possible. With the help of the Hongmeng Pay platform and the reputation accumulated by Hanhua over the years, Hanhua Asset Management can develop rapidly.

At that time, the safety of funds within our Hanhua Financial Group will be greatly guaranteed, especially Standard Chartered Bank, so we will no longer have to worry about running out of money to borrow. "

Listening to her long speech, combined with the memories of future generations in my mind, I can see that the development of the asset management giant is indeed as Jiang Xiaoyang said, with its scale becoming larger and larger and its influence becoming more and more astonishing.

Especially BlackRock.

Almost every major company in the world has a stake in BlackRock.

Although not a lot, about 5%.

But in companies in Europe and the United States with dispersed shareholdings, many can become the largest shareholder, let alone 5%, even 4%, or even 3%.

With these equity interests, BlackRock has become the ‘czar’ of the European and American financial and business circles.

Silently affecting the global business and even political landscape!

Although Hanhua will never become BlackRock, it can work hard in this direction.

"Just do what you want. I'll say hello to Hongmeng Pay."

Jiang Xiaoyang breathed a sigh of relief.

She was really afraid that Xu Liang would be stubborn. After all, successful people had absolute self-confidence and hated others questioning or changing their decisions.

"I will make a copy of the structure and personnel information of each group's subsidiaries for you as soon as possible."

6◇9◇Book◇Bar

Hanhua Financial Holdings Group is huge.

It involves almost every major field of finance.

If you want to truly form this group, you must make adequate preparations in the early stage.

Finance, personnel, supervision, etc.

Thousands of threads.

In the meantime, you should also have an interview with the responsible person to listen to their opinions.

Anyway, Hanhua Financial Holding Group cannot take shape without more than a year.

"Have you dreamed of it?"

Jiang Xiaoyang changed the topic.

"The plane to pick her up will land in an hour."

"I haven't seen her for a long time. Let's have dinner together tonight. Yangyang and Lei Lei also miss their aunt."

"Well, I've asked Sister Liu to buy groceries, and I'll cook the food myself tonight."

"I'll tell you, I'll go back early to help you."

After a brief chat, Xu Liang hung up the phone.

Jiang Xiaoyang's previous words echoed in his mind, and a smile couldn't help but appear on his lips.

Over the years, it's not just him who has grown.

As Hanhua has grown, Jiang Xiaoyang, who actually handles the daily management of Hanhua, has also made great progress.

At least the outlook for the 'asset management' business, the estimation of monetary funds, and the analysis of the future financial environment all show a very high strategic vision.

While he was lost in his thoughts, the motorcade passed through the busy capital city and arrived at the international airport.

With the rapid development of China's economy, private jets are no longer a rarity among wealthy Chinese.

Especially in the capital city, the most beautiful place, not only the private jets of domestic rich people, but also the big toys of foreign rich people are received.

In order to adapt to the new situation, Beijing International Airport has also continued to expand the airport to provide services for the rich.

The most direct convenience is that Xu Liang wants to go directly to the airport to pick up people, which greatly shortens the process.

As the Boeing BBJ business jet slowly landed and braked.

Xu Meng, wearing a white baseball cap, a large pink Hello Kitty T-shirt and denim shorts, with two long white legs naked and wearing women's slippers, appeared at the cabin door.

Seeing Xu Liang coming to greet him, surprise appeared on his pretty face.

"elder brother!"

With a loud shout, the whole person rushed over quickly.

The two braids hanging on her shoulders seemed to fly up under the influence of the wind.

Xu Liang hurriedly went to meet her.

"Slow down, slow down, don't bump into it."

"Brother, I miss you so much."

She jumped and rushed over.

Xu Liang was so panicked that he hugged her.

"You are so old and still so impetuous."

Although he scolded her, his expression was full of intimacy.

In this world, besides his parents, his sister is the person closest to him.

In this respect, his son and daughter can't compare.

"Hehe, no matter how old you are, you are my stinky brother."

After patting his increasingly majestic face with her delicate hands, Xu Meng jumped down with a smile.

"You are disrespectful."

After glaring at the stinky girl.

"Go home."

Xu Meng stuck out her pink tongue coquettishly, hugged his arms, and jumped into the car.

"How is it, are you used to living in the United States?"

"Not at all. Except for the rich areas, other places are very messy and it's inconvenient to go out.

What I can't stand the most is that American food is too poor.

It's steak, pasta, hot dogs, donuts over and over again. Chinese food is Americanized and not delicious at all.

That Panda Express is even worse.

I will definitely bring a team of chefs with me when I go to the United States next time..."

Looking at her enthusiastic complaints, Xu Liang didn't feel impatient at all and listened with interest.

"Okay, when you go next time, I'll let Sister Li assign you a team of Shandong cuisine chefs."

"Brother, can I not go? I don't like the United States at all."

"You can go there for a few days every month, but you can't not go. After all, I don't feel comfortable handing over assets worth hundreds of billions of dollars to others."

"Okay then."

Now Xu Meng is not only the deputy financial director of Hanhua, but also the person in charge of the "Xu Yongpei Charity Foundation".

This charity foundation named after his father and established in the United States has the main purpose of paying less tax, and the secondary purpose is to expand his network of contacts in the global political and business circles through interest transfer.

Donating money in the name of charity can avoid a lot of unnecessary trouble.

The two siblings haven't seen each other for a long time, and there are a lot of things to say.

They chatted and chatted until they got home.

Stepping into the house, Xu Meng pinched her waist and said loudly.

"Stinky Yangyang, auntie is back."

It wasn't long before the little guy wearing a blue T-shirt, gray puffy pants, blue sandals with cartoon patterns, and holding a Transformers toy in his arms rushed out of the backyard.

He was already two and a half years old, and he ran very fast.

Big eyes, a straight nose, and a round face, so cute.

Seeing Xu Meng with open arms.

"Auntie!"

The little guy shouted excitedly, and his feet became faster.

The nanny who couldn't catch up was now even further away.

Xu Meng took two quick steps forward, picked her up, and spun her around in the air.

The crisp, childish laughter accompanied by the girl's cheers filled the entire courtyard.

In the relaxed and warm atmosphere, Xu Liang, who was watching from behind, couldn't help but smile.