My 1999

The signing ceremony between CIC and Hanhua was very grand.

The press conference was held in the lobby of the Peninsula Hotel in Beijing. In addition to colleagues in the financial industry, major media from all over the country were invited.

Xu Liang wanted to take this opportunity to announce that Hanhua had boarded the CIC ship to facilitate future domestic investment.

He also hoped to spread the word.

Mr. Xu has money, so if you have good projects, please come quickly.

CIC also needs to be exposed and show its existence.

The two sides hit it off immediately.

At the press conference, both sides also gave each other a sedan chair.

CIC is fine, with "Huaxia" hanging in front, no one is surprised at how much money it makes.

But Hanhua is different.

Six times the return rate in two years? !

If this was not said by Lou Wei, most of the participants would not believe it.

In the financial circle where a return rate of more than 30% is to be written about, what is the concept of six times in two years?

One word, awesome.

Three words, too awesome!

Some people originally questioned that CIC invested too much in Hanhua.

After all, Blackstone, which is as famous as Hanhua, only took 3 billion US dollars.

No one doubts it now.

Of course, Zhang Fan, Xiong Xiaoge and others who came to the meeting with a thick face must be the ones who did not question it.

The high return rate of Hanhua Qinglong Fund and Pacific Fund is not known to many people in China where the financial industry is not yet developed, but it has long been a well-known thing in foreign financial circles.

Countless people want to invest in these two funds, but they have no way.

Of course, they are also included.

And they also know that Hanhua’s peak investment return rate is not six times in two years.

Except for Hanhua, all domestic venture capital institutions that submitted application materials this time were not selected.

To be more precise, CIC did not intend to invest in VC funds at all.

Cooperating with Hanhua to initiate the establishment of S fund "Phoenix" and indirectly invest in several Internet companies including Facebook and Youku is just a special case.

After the meeting, relevant news reports came out, which caused heated discussions in various circles such as real estate circles, Internet circles, and financial circles.

Everyone knows that Hanhua has outstanding investment capabilities and is a top institution in the global financial circle.

Qinglong Private Equity Fund and Pacific Hedge Fund are well-known around the world.

However, due to the relatively closed financial environment in China.

Hanhua's strong capital is difficult to enter China.

It basically raises funds domestically and then invests.

The scale of domestic financial investment is limited, and there is no environment of almost universal investment like the United States and Europe.

The money raised by Hanhua is far less abundant than overseas.

Although it has developed well in recent years, it is not as good as several state-owned securities and funds.

But now with the sufficient ammunition provided by CIC, it is different in an instant.

CIC is not just $200 billion in capital.

There is news above that Huijin Company will be merged into CIC and become a wholly-owned subsidiary of the latter.

What is the origin of Huijin Company?

It is a major shareholder of six major banks such as Industrial and Commercial Bank of China, Agricultural Bank of China, and China Construction Bank, and is also a major shareholder of many state-owned securities companies such as CICC, CITIC Construction Investment, and Guotai Junan. All state-owned financial enterprises are managed by Huijin Company.

In other words, once Huijin is merged into CIC, the Bank of China will become a subsidiary of CIC, which is so terrifying!

This is an unlimited ammunition depot.

With ammunition and Hanhua's strong investment ability, do we still have a way out?

No matter how worried they are, no one dares to make any small moves.

If you touch Hanhua, you will be a slap in the face of CITIC.

Do you still want to stay in the domestic financial circle?

…

The local bosses in the real estate circle don't care about Hanhua's asset size or its development in China.

They only pay attention to the $2 billion real estate opportunity fund.

This is $2 billion, and it's still in US dollars.

According to the way the real estate circle uses 20% of the funds to leverage a real estate project, this money can leverage nearly 150 billion Chinese yuan.

If it is put in first-tier cities, it will be hundreds of real estate projects.

This piece of meat is too fat.

Hanhua immediately became the God of Wealth in the real estate circle, and the visiting real estate businessmen almost broke the company's door.

…

Hanhua Center.

Pan Shiyi left with his wife Zhang Xin in disgrace.

"Does President Xu hate these two people?" Sun Zhiping laughed.

Xu Liang didn't shy away and nodded directly.

"If you make money abroad and spend it abroad, that's your ability.

If you make money in China and want to transfer some of it abroad to spread the risk; don't talk nonsense and don't flatter the superior and belittle the inferior, that's fine.

But enjoying the status given by China and making money from the Chinese people, but flattering the stinky feet of overseas white men and Japanese devils and belittling your own compatriots, I hate this the most."

Sun Zhiping was a little surprised. He didn't expect that his boss was worth hundreds of billions of dollars and had assets all over the world, but he was still a patriotic angry young man?

"In addition to what I said, there is another very important point.

A person who doesn't even have a basic moral bottom line is not trustworthy. If things go wrong, he will sell us out halfway.

There are plenty of good projects, so there is no need to waste money."

Sun Zhiping nodded.

Dongdong...

The knock on the door interrupted the conversation between the two.

"Come in."

Sun Zhiping's secretary pushed the door and walked in.

"Mr. Xu, Mr. Sun, Sun Hongbing from Sunac Group is here."

After Sun Zhiping glanced at the boss's expression, he said, "Let him in."

Not long after, Sun Hongbing, wearing a dark gray Armani suit and gold-rimmed glasses, walked in with his secretary.

Seeing Xu Liang, his face showed joy and he walked over quickly.

"Mr. Xu, it's such an honor to see you again."

Xu Liang smiled and shook hands with him.

"Mr. Sun, your Sunac Group has been booming in the past two years."

After selling Sunchi Real Estate to Taihua, Sun Hongbing relieved the terrible debt pressure, retained some good land, and reorganized into today's Sunac Group.

After Sunac was established, the venture capital fund under Hanhua Capital Office invested US$40 million for 15% of the equity.

Sun Hongbing is capable.

With Hanhua's investment and the support he left behind, Sunac has developed into one of the top 20 real estate companies in the country in just two years, with strong strength in the Beijing-Tianjin area.

"You deserve the prize. In front of you, my little business is not worth mentioning."

After greeting Sun Zhiping, the group took their seats respectively.

"Mr. Sun is also here to raise funds?" Xu Liang asked with a smile.

"Hanhua invested US$2 billion in real estate development, which caused a sensation in the real estate circles across the country. We at Sunac really needed funds, so we came to visit shamelessly."

"How much money does Mr. Sun want to raise? In what way?"

Xu Liang asked.

"Sunac hopes to cooperate with Hanhua to issue US$200 million in convertible bonds."

Sun Hongbing does not want his equity to be diluted too much before the company really develops.

"Do you want to issue bonds overseas?" Xu Liang.

Sun Hongbing nodded.

If not, he would use Chinese coins as the unit of calculation.

"Hanhua is the only investment bank with world-class influence in the country, and the cooperation between us has been very pleasant in the past two years, so I very much hope that we can cooperate again." Sun Hongbing said.

Xu Liang smiled, just listen to such flattering words.

The advantage of overseas bond issuance is that overseas investors only share profits and will not interfere with the company's operations unless there is a problem with Sunac's development.

Not necessarily if you are in the country.

Yamen are not good people.

Let them seize the loopholes and shed their skin even if they are not dead.

"Mr. Sun, you have come to the wrong place. If you want to issue convertible bonds, you should go to Hanhua Securities." Sun Zhiping said with a smile.

Sun Hongbing was not stupid. Of course he knew that he had to go to Hanhua Securities to issue bonds.

He just met Pan Yiyi and his wife downstairs and heard them mention Xu Liang, so he came up to them.

Big Boss Xu’s Shenlong has never seen the light of day. It’s a rare opportunity to build relationships, so of course he has to seize it.

"Oh, look at my brain, I did something stupid."

After slapping his forehead in frustration, he stood up.

"Mr. Xu, we haven't seen each other for a long time. I'm going to be the host tonight. Can I treat you to a meal?"

"I appreciate Mr. Sun's kindness. I already have other arrangements. Let's do it next time."

It was just a business exchange, which was not interesting.

It is better to spend this time at home with my wife, children and confidante.

A trace of disappointment flashed in Sun Hongbing's eyes.

I dare not say more.

He left politely.

After his back disappeared, Sun Zhiping smiled.

"Mr. Xu, I'm sure this guy knows you are here."

The error-free version is being read! 6=9+Book_Bar debuts this novel.

"I probably met those two males and females downstairs."

Sun Zhiping smiled and nodded.

Not long after, the secretary knocked on the door again.

Wu Yajun from Longhu is here.

"Your place today is really more lively than a holiday." Xu Liang said with a smile.

“In real estate, except for state-owned enterprises, there is no one who is not short of money.

Who wouldn’t be excited to hear that we have spent such a large sum of money to finance?

Moreover, if you miss the opportunity and let others raise money, your company will be left behind.

If you can't catch up with one step, you can't catch up with every step.

Therefore, as soon as the news was announced, everyone who could come came, and no one was willing to fall behind. "

Xu Liang nodded with a smile and stood up.

"Okay, let's talk. I'll go inside and read your department's semi-annual report."

Sun Zhiping's office is divided into two parts: inside and outside.

Outside is the reception room and inside is the office.

There is a hollow partition in the middle.

Place some works of art such as porcelain and wood carvings.

While elegant, it also blocks the line of sight.

Not long.

A middle-aged woman with short shoulder-length hair, a round face, and a blue scarf and T-shirt walked in with a quick stride.

Sun Zhiping stood up quickly and greeted warmly: "Sister Wu, long time no see, please take a seat!"

Wu Yajun glanced left and right.

"Where is your Mr. Xu?"

"Mr. Xu has something to do and left."

Wu Yajun's face showed disappointment, and a trace of nervousness in his heart also dissipated.

After shaking the book with Sun Zhiping, he sat down very familiarly.

Across the tea table, Sun Zhiping sat down opposite Wu Yajun, made a pot of tea with his own hands, and mixed a cup for him.

"No matter what you do, don't go to the Three Treasures Hall. Sister Wu, if you have anything to do, just tell me directly? We don't have to be polite."

Wu Yajun smiled and said: "Brother Sun, can you tell me about the situation of your real estate fund?"

Sun Zhiping briefly explained the operating model of real estate funds.

Wu Yajun probably understood, but she had no idea of ​​selling her shares.

"What's the interest rate for your private placement credit?"

"The loans issued by our private credit fund belong to overseas debt financing, and the interest rate is slightly higher than that of domestic banks, but lower than that of non-bank financing loans such as trusts.

In addition, the loan term can be freely selected from 1 to 10 years."

Wu Yajun was overjoyed when she heard this, but Sun Zhiping's next sentence ruined her good mood.

"However, in principle, Hanhua's private credit funds are only provided to companies that have accepted our equity investment.

After all, issuing loans is not our main business at the moment. We are more likely to provide rich financial services to the invested companies, which can also be called value-added services."

How could Wu Yajun not understand the hint and smiled.

"In this case, doesn't it mean that you have to accept Hanhua's equity investment before you can get an overseas dollar loan?"

"In principle, it is true, but it is not absolute."

Wu Yajun thought for a moment and replied: "Okay, I have a general understanding, let me think about it."

Sun Zhiping did not force the idea of ​​​​taking a stake in Longfor. The choice is two-way, and everything depends on fate.

After seeing Wu Yajun off, Xu Liang walked out.

"Did you know each other before?"

"I know her ex-husband Cai Kui. We had dinner together several times. We have some friendship."

Xu Liang understood.

He also had a certain understanding of Wu Yajun, the female boss of China's real estate industry.

When Longfor was first established, Cai Kui also made great efforts. The couple merged their respective companies and formed the current Longfor Real Estate.

It's just that Wu Yajun's company has better business, so she has more shares in Longfor.

Later, Cai Kui got together with a flight attendant, and the couple divorced. Cai Kui got tens of billions of equity assets, which is considered to be one of the top business divorce lawsuits in China.

Whether in China or abroad.

There are many couples who start businesses together, but many of them will have conflicts and cannot share wealth.

Put the semi-annual report of Hanhua Beijing Office on the table.

"I have read the information. It's very good."

The Beijing Office now has two private equity funds, three venture capital funds, and two entrepreneurial incubators.

It manages 47.4 billion Chinese yuan in assets.

Sun Zhiping: "You are too kind. In terms of return rate, we are still behind the three offices in Shanghai, Silicon Valley and Hong Kong."

"The length of time is nothing, what is rare is the long-term.

The return on investment of the Beijing office has been stable at around 40% for two consecutive years, and I am very satisfied."

Everyone has a different investment style.

Shen Nanpeng likes the Internet and biomedicine industries with high risks and high returns.

Sun Zhiping likes those well-run and promising companies, and his style is somewhat similar to Buffett.

So, the latter's investment return is relatively stable, and there are rarely ups and downs.

"This time, the group raised $2 billion in real estate opportunity funds from CIC, which will be distributed to 11 offices around the world according to your respective performance.

You can use this money as a seed to attract other domestic investors and establish a real estate opportunity fund under the Beijing office.

As for how much money can be raised in the end, it depends on your respective abilities."

The funds raised in the name of the group must be distributed to all offices of the group.

But how much can be distributed depends on your respective abilities.

The capable ones eat meat, and the incompetent ones drink soup.

"I understand."

Sun Zhiping nodded, with a glimmer of confidence in his eyes.

With the prospects of the domestic real estate market industry, he believed that he would not be worse than anyone else.

"Boss Xu, I am unsure about an investment here, and I want you to help me with some advice."

The whole world knows that Boss Xu is a top investment boss, and he has never failed in his eight years of debut.

So, whether it is outside or inside the company, as long as there is a chance, he wants to get something for free.

Although the company will make the most of the money, as the head of the fund, he can also make tens of millions, and if he does it well, he can make hundreds of millions.

So, whether it is Sun Zhiping or Shen Nanpeng, ask whenever there is a chance.

Of course, everyone abides by an unspoken rule.

Only ask in person, never send an email.

Don't let the big boss feel incompetent.

Xu Liang also knows the tricks here. After all, he makes the most money, so he also acquiesces to this rule.

"It's rare to find an investment that makes you undecided."

He made a gesture to continue.

Sun Zhiping, who was relieved, stood up quickly.

"Please wait a moment."

He went to the office inside and took out the prepared materials and placed them in front of Xu Liang.