Chapter 387
The next day, Chu Bai came to Bao Yifan's Oriental Asset Management Company, which was a small industry he had independently developed and was not established for a long time.
After walking around, Chu Bai already knew what he wanted.
This Oriental Asset Management Company seems to be a fund company, but in fact it is just a fund cover but does private equity.
What are fund companies and private equity companies?
Fund companies can generally be called public funds, which means recruiting through mass communication means. The initiator collects public funds to establish investment funds. Because it involves public interests, these funds are issued through securities companies and banks. While their safety is guaranteed, they are strictly regulated by law.
However, the shortcomings of public funds are also obvious.
The profit effect is not obvious or even no profit guaranteed is a big problem for investors, but for fund companies, even if they cannot make a profit, they can still charge a certain share of fund management fees.
Compared with public funds, there will naturally be private funds, that is, private funds raised.
It's easy to understand. I'll use you 50 million to trade stocks and promise to give you 8% of your profits. Profits that exceed this proportion will be distributed again.
It’s just that it’s okay if you make money in this model, and everyone is happy.
But if you lose money, those customers who are still polite to you will not be so easy to talk to, and the consequences will be unbearable... Especially during the stock market crash, some private equity managers can't bear it and can only pay off their debts by death.
Bao Yifan handed over the full power of Oriental Asset Management Company to Chu Bai, but he didn't ask for a penny, which was beyond Chu Bai's expectations.
"I originally set up this company to drink some soup, but who knew that the water was so deep that there were no less than three traders who left me. I just paid out of my own pocket and supplemented more than 300 million! I can't understand this industry!"
Bao Yifan covered his head and smiled bitterly as he spoke.
His face turned up and he said, "But Brother Chu, I suddenly became confident when I came. I'll leave it to you. You can do whatever you want!"
Chu Bo didn't want a company either. He just borrowed it to be a gun envoy. Of course, this is not using Bao Yifan's company. When he gets rid of Hai Fusheng, the company's assets will definitely double. How much it can be reversible depends on Chu Bo's ability.
Bao Yifan seemed to be worried that Chu Bo would refuse, and repeatedly asked him to take action. He always believed that Chu Bo would create miracles.
"You just trust me?"
Bao Yifan gave a firm look: "Of course."
Chu Bo chuckled: "What if I lose money?"
Bao Yifan sighed: "If you lose, you will be life. You can only close the door. Don't worry, it won't have anything to do with you."
Chu Bo looked at: "You have confidence in me."
Bao Yifan grinned and showed a simple and bright smile: "Who is with us? That Brother Chu, can you ask you something, Miss Andy and you..."
Chu Bo said angrily: "She is just my employee, that's all."
Bao Yifan suddenly looked relieved, and then took Chu Bai to visit his operating room.
"Brother Chu, this is Manager Wang, the current chief trader of our company. He was clamoring with me to resign two days ago. Manager Wang, Mr. Chu will be the second boss of our company in the future. How about it? Do you still want to resign?"
"Chu, Chu stock god!" When Manager Wang saw Chu Bo appear in front of him, he almost became incoherent, "I was so excited. I didn't expect to see you!"
"You know me?"
The understanding that Chu Bo asked about was not about his identity as an actor, but about Manager Wang calling himself a stock god as soon as he spoke. Does he know his stock god group?
Manager Wang said embarrassedly: "My wife is your fan. Later, after seeing your methods in the stock market, I was shocked and let a customer I knew before pull me into the stock god group. Mr. Chu, you are really awesome!"
Chu Bo learned about the causes and consequences, and finally realized why Manager Wang's eyes shone when he saw him.
After a moment, Manager Wang introduced the specific funding situation of the company to Chu Bo. So far, the company has raised 1.5 billion yuan of funds, and the rate of return guaranteed to customers is 10%, but at present, the profit is only 3%... This is because Manager Wang filled the hole with some profits as Chu Bo said in the stock god group.
Manager Wang’s story is much more detailed than what Bao Yifan said.
An hour later, Chu Bo came out of the company and rejected Bao Yifan's hypocritical invitation. He watched him "shamelessly" ask to send Andy to him, and he shook his head.
Now that private equity funds have been obtained, how to operate has become the most important issue Chu Bo needs to consider so far.
Generally, the operation methods of private equity fund companies are divided into value investment, follow-up dealers, joint dealers and speculation.
Value investing is easy to understand, it is to buy a certain optimistic stock and wait for it to rise before selling it... This method is the safest in private equity, and the profits obtained are relatively stable, but it takes a relatively long time.
Follow the dealer, as the name suggests, follow the dealer.
There are dealers in every stock, and the daily price of the stock is controlled by these dealers. So simply put, as long as you can discover the dealer’s intentions, you can make a profit from this stock.
So the premise is that you can figure out the dealer's intentions.
If you don’t know the dealer, then the true and false information on the market can make people really clear.
What's more realistic is that once the dealer finds out that you follow the dealer, a violent wash-up can kick you out.
The remaining two methods...
That night, Manager Wang called.
"Mr. Chu, how should we operate? Now the company has raised 1.5 billion, and we have the strength to join forces to serve as a banker..."
Chu Bo directly denied: "It is too cumbersome to join forces, and the market may not necessarily give us opportunities."
Manager Wang was silent and realized that he might have started to take it for granted because of his recent stock trading.
Jointly managing the dealer not only needs to build positions for a long time, but also maintain close contact with listed companies and partners. Chu Bo is also right. Even if they are willing, the market may not give them opportunities.
After all, there are already dealers in almost every stock in the Shanghai Stock Exchange's more than 2,000 stocks. Whether or not they can cooperate with you is a big problem. And even if they cooperate, if they are trapped, they may not be able to get out of it for several years.
"But if we can't join forces, we can only speculate. This is the same as retail investors' stock trading, with no strategy at all, which is a big waste of our funds."
Manager Wang told the truth, and he was very curious about what good way Chu Bo had.
To be honest, he was very curious and also looked forward to how Chu Bai, a very legendary stock god, would lead them to glory.
Then, Chu Bai spoke out,
"There's a way!"
The calmness in his tone was as always, and it was this calm that made Manager Wang calm down the panic that flashed through his heart. He felt an inexplicably powerful self-confidence from Chu Bai.
"Mr. Chu, you said--"
Chapter completed!