Rebirth of the Wild Age

Xu Xin is a typical girl from the mountain city, not tall, with good skin, slightly fat body, and speaks fast and organized.

The Baring Investment Group that Xu Xin works for is actually a venture capital company under Barings Bank. Baling means Bahrain, and the transliteration is just different. At this time, she is the investment partner of Baring Investment Company. There are only six such investment partners in Asia. Xu Xin is in charge of China affairs (including Hong Kong City).

Investment partners are not shareholders, they are equivalent to senior venture capital consultants, and sometimes they can lead the investment plan of a project throughout the process.

In addition, venture capital institutions are divided into limited partners and general partners.

Limited partners are only responsible for funding, not for business management, with limited rights and limited responsibilities. For example, this time, Wu Guodi invested 2 million US dollars in the name of the Allison Group, and handed it over to Jinniu Capital to operate together. He is a limited partner of Jinniu Capital. The transfer is equivalent to permanently throwing it to Taurus Capital. If he makes money from speculating in futures, Wu Guodi will give priority to obtaining relevant income, and if he loses money, he will not bear debts other than investment.

This situation is normal in the venture capital industry in the United States. There are various foundations in the United States, such as pension funds, environmental protection foundations, charitable foundations, and so on. These foundations hold a lot of cash, and they can't keep it in the bank to earn interest, so they let investment companies operate. As a limited partner, the foundation is not responsible and has no energy to manage. It is enough to make money lying down, and it can also control the loss within a limited range.

The general partner is the partner who participates in the management and operation, and must bear unlimited joint and several liabilities.

As for Citibank (China) and other mainland bosses, they are shareholders of Taurus Capital.

Taurus Capital has so much money, it definitely needs the bank to help manage it. Even Taurus Capital's administrative staff, project evaluation team, etc., have always been borrowers from Citibank at the beginning. It wasn't until Peregrine went bankrupt half a year ago that Taurus Capital took the opportunity to recruit a group of old employees before Peregrine went bankrupt.

As a result, Taurus Capital has finally achieved management independence, but still has a deep cooperative relationship with Citibank.

Let's talk about Xu Xin again. It has been half a year since she joined Baring Investment. She has found many projects, but she has not closed a single business. In fact, the economic downturn in the mainland and the Hong Kong city is messy everywhere, and it is difficult to distinguish those companies from people or ghosts.

Xu Xin did have a promising goal, but the company sent someone to do the evaluation, and directly rejected the project she proposed.

fail!

Years later, when people talk about the troubles of a certain boss, it seems very romantic and attractive to convince investors with a meal or a few minutes.

The truth is nothing like that!

Xu Xin learned about the rapid development of China's Internet through the introduction of former mainland friends. But she was not familiar with the Internet, so she went to the mainland to conduct a month-long investigation, and selected a company called NetEase from countless emerging Internet companies.

It's not that Xu Xin has a precise vision, but that she doesn't have many choices. Some people have already voted for Sohu, and Lifang Online (Sina) has already had a funder. It just so happened that Ding Sanshi turned NetEase into a portal website—yes, this is NetEase!

After Xu Xin has selected the target, he still needs to report to the investment company, and then send someone to do a preliminary market assessment. When the company thinks it is feasible, she can contact Ding Sanshi, and after reaching a preliminary cooperation intention, she will send someone to do an in-depth and detailed evaluation, and finally negotiate and finalize the investment plan.

As for Song Weiyang's investment in Sohu and Google, that's not called angel investment, it can only be called seed investment, which can be even more capricious.

It was already eleven o'clock in the evening when she returned to Hong Kong from the mainland. Xu Xin turned on the TV to take a shower. After taking a shower, she came to the living room. There was a financial program on the TV.

The host and two experts are talking nonsense:

When does Hu Sheng think the stock market will pick up?

Next year. It's impossible this year. Everyone has lingering fears. I guess the stock market will start to rebound early next year.

What about Dr. Chen's point of view?

If you want to make long-term investment, now is a good opportunity to buy the bottom and enter the market. The Asian financial turmoil has already squeezed out the property market and stock market bubbles in Hong Kong. If you have spare money, it is the right time to buy houses and stocks. Of course, the borrowing rate should not be too high. High, we should control the risk within an acceptable range.

So which stocks do you think you should invest in?

'Changshi' and 'Hutchison' are good. I have already bought them, and I would like to share them with you.

...

When Xu Xin heard this, he couldn't help being amused. This expert is Li Chaoren's hired babysitter for the show, right?

Okay, that's the end of today's financial dialogue, and the following is the weekly figure in the business world. Our focus in this episode is Song Weiyang, who has been calling the shots in Hong Kong City recently. Let's take a look at his basic information...

A photo of Song Weiyang appeared in the upper right corner of the TV screen, a photo he was captured at the Futures Exchange. In the photo, Song Weiyang is wearing a suit and leather shoes, smiling confidently, putting one hand in his pocket, raising the other, gesticulating with his index finger, as if to tell people that Soros will lose.

Next to the photo is Song Weiyang's written materials——

Song Weiyang: Born in February 1976, graduated from the Department of Sociology of Fudan University in China, is currently the largest shareholder of Jinniu Investment Company, chairman of Xifeng Food and Beverage Co., Ltd., shareholder and director of Xianjiu Wine Group, and director of Shenzhou Technology Co., Ltd. Chang, the largest shareholder of Sohu Internet Corporation, and the shareholder of Kingsoft Corporation (other companies are temporarily omitted), with personal assets of about 3.8 billion Hong Kong dollars.

Securities transaction experience: In 1996, he invested about 10 million yuan (RMB) in Shenzhen Stock Exchange to buy Qiong Minyuan, with an income of more than 80 million yuan (RMB); at the beginning of 1997, he manipulated the stock of Hong Kong City Legend, with an income of about 100 million Hong Kong dollars; Shorted Southeast Asia in 1 month, earning about 90 million U.S. dollars; in August 1998, countering Soros, earning about 1.4 billion Hong Kong dollars.

The TV screen was finally fixed on the back of Song Weiyang standing in the lobby of the futures exchange, looking up at the electronic display screen with his hips on his hips.

Classic quote: Today I want the Hang Seng Index to rise by at least 500 points; I think Soros is very annoying, and I want to cooperate with the Hong Kong government to drive that old guy away; Lost. Now that I'm here, the Hang Seng Index has to go up even if it doesn't go up, so you must give me face!

In fact, the above data are all estimated by financial professionals in Hong Kong City. Although the general situation is true, there is a certain deviation in the specific amount. Until now, people thought that Song Weiyang personally invested 100 million US dollars on the day of the decisive battle, but no one suspected that he was bragging to attract sheep.

Then the show switched back to the studio, and the host said, Hu Sheng, Dr. Chen, what do you two think of Song Weiyang?

Hu Sheng said: Very powerful, a genius in the financial market.

Dr. Chen said: A talented player, he has never learned professional securities knowledge.

The host said: Some people call Song Weiyang the 'God of Stocks'.

Hu Sheng said with a smile: I think he is a 'Mainland Crab'. The Ding Crab in the TV series never analyzes technology. It all depends on luck, and he is still in the stock market.

Dr. Chen said: I also agree with this point of view. Song Weiyang is not a stock god, he is a real-life Ding Crab.

The host said: Ding Xie is simple-minded, but Song Weiyang is obviously very smart. The Fudan University he graduated from is one of the top ten universities in mainland China. Moreover, the companies he manages or invests in are also developing very well. Among them, Xifeng Company has It has become the second largest beverage and food company in the mainland, and China Technology is the only mobile phone manufacturer in the mainland.”

Dr. Chen said: Being a business is not the same thing as playing securities. People who do well in business may not necessarily be able to thrive in the securities market.

The host said: There are rumors that Song Weiyang got the inside information in advance.

Hu Sheng nodded and said, It's very possible. At least he was in Stud Qiong Minyuan in 1996, so there must be insider rumors, otherwise there is no other explanation.

The host asked: What kind of inside information do you think Song Weiyang received this time?

The Chinese government has to step in strongly, Dr Chen said.

The host asked back: But this news is known in Hong Kong. The leaders of the mainland have spoken out strongly at the end of August. It's just that Song Weiyang believes that he can win, but everyone doesn't believe that he can win.

Uh, Hu Sheng suddenly changed the subject, So Song Weiyang is a Ding Xie. He is very lucky to meet Russia's bad debts.

Dr. Chen immediately took up the topic: Yeah, who would have thought that a country as big as Russia would renege on its debts. That is Russia's national sovereign bond, the bond with the highest safety factor. No more. Soros’s Quantum Fund holds a large amount of Russian sovereign debt. If Russia repudiates its debts, Soros is stupid. How can he be in the mood to attack the Hong Kong dollar? The same is true for other international speculators, who have been cheated by Russia!”

Hu Sheng said: It is estimated that Russia's debt default caused Soros to lose at least 2 billion U.S. dollars. The bank that lent him the money at the beginning has been urging him to repay the loan in advance.

The host said: So, Song Weiyang was just lucky?

Dr. Chen said: Of course it's good luck. The ruble started to fall in early August, and on August 17 Russia announced the postponement of debt repayment. This is nothing, normal operation, Soros need not be too nervous. It turned out that within a few days, it was Hong Kong. At the most critical moment in the city war, Russia once again announced the postponement of debt repayment, which is clearly a default. Since World War II, there has never been a big country that doesn't even want national reputation like Russia. Song Weiyang's luck is against the sky, and this All kinds of things happened to him.”

Hu Sheng said: Ding Xie, Song Weiyang is definitely a real version of Ding Xie. His securities business is entirely based on luck. How can this person continue to rely on luck, and sooner or later he will go bankrupt like Ding Xie!

Song Weiyang couldn't laugh or cry, his title of Stock God was gradually replaced by Mainland Crab.

Xu Xin ate instant noodles and watched the show, just as watching cross talk and listening to the nonsense of those two experts. Suddenly, I received a call from Liang Botao: Xiao Xu, Song Sheng from Golden Bull Capital, would like to ask you to meet someday.