My 1999

The current international price of soybeans has not increased much. If they continue to purchase it, it will definitely continue to rise, and it will definitely attract greater attention by then.

It's a good time to stop now.

Over the course of two months, prices will fall and their legacy will fade as the arrival date of Northern Hemisphere soybeans approaches.

After Jiang Xiaoyang nodded, "Does this mean that we only have to wait for the four major grain merchants to take action?"

"Yes. Although we are a little passive, we are at least in an invincible position."

Jiang Xiaoyang thought about the whole thing for a while.

"If the four major grain merchants don't take action this year, we will be passive. Qinglong 1 will expire in November this year. If we cannot make profits from soybeans, the expenses during this period will lower the performance of Qinglong 1. It will be difficult to refinance at that time.”

They purchased more than 45 million tons of soybeans during this period, and the freight, storage fees, and intermediate administrative costs alone exceeded US$500 million.

There are still deposits for 13 million tons of soybeans in the country.

Plus the premium they paid for the soybeans.

All these combined, if soybean prices fail to rise as expected, they will have to lose at least US$2 billion this time.

This greatly lowered the performance of Qinglong No.1.

Of course Xu Liang also has such worries.

"Everything depends on people and God decides on it. We have done everything we should do. Even if the four major grain merchants are aware of it and do not take action, don't worry too much. I still have more than 10 billion US dollars of liquidity in hand, and I can put all the money into it." Take all the soybeans.

The decline in the performance of Qinglong No. 1 is actually compared to our own. Globally, hedge funds that have tripled in one year are still among the top in the world.

And I don’t believe it. The four major grain merchants have been laying it out for so long, and they will not eat the fat in their mouths.

No matter how much the robber disguises himself, the greed in his heart cannot be changed. "

Anyway, soybeans are storable. If you don’t use them this year, you won’t use them next year. What about the year after that?

He has plenty of capital, so everyone can play slowly.

Seeing how calm he was, Jiang Xiaoyang's originally impetuous heart calmed down.

"Xu Liang, I want to discuss something with you."

"What's up?"

"I plan to expand the fund series under Hanhua Capital. I will separate investments in wine, jewelry, art, precious metals, etc. from the planet series funds and establish a new series."

"Why?"

"It's too complicated. The Planet series funds include both corporate investments and luxury goods investments. They are growing bigger and bigger, with more and more sub-funds and becoming more and more bloated.

If your evergreen fund is added in the future, it will be even more bloated.

It would be better to re-establish a series of funds and divest investments such as wine and jewelry. In the future, the Planet Series Fund will only be engaged in corporate venture capital and industry evergreen funds. "

Xu Liang thought about it and found that the planetary funds were indeed a bit mixed. There were only seven parent funds, and when the Evergreen Fund he planned to establish was established, there would be eight.

In addition, there are thirty or forty sub-funds. There are so many that it is difficult to distinguish them.

Considering that this was not a big deal, Xu Liang nodded.

"How are you going to divide it?"

"Hanhua's "Five Mountains Series Fund".

The Venus Precious Metals Fund was changed to the ‘Taishan Fund’; the Comet Jewelry Fund was changed to the ‘Hengshan Fund’; the Saturn Artwork Fund was changed to the ‘Huashan Fund’, and the Red Star Liquor Fund was changed to the ‘Songshan Fund’.

In this way, the planet series is reduced to Mercury's angel wheel and A wheel, Mars B and C wheel, and Jupiter PE. The remaining two funds, Venus and Saturn, can establish the industry funds you need. "

After Xu Liang thought about it briefly, he nodded.

“In this case, let’s re-divide the mythical beast fund.

Separately separate hedge funds, real estate funds and M\u0026A buyout funds. "

In the future, as Hanhua Capital successively establishes funds targeting the local market, the number of private equity funds and hedge funds will increase.

It would seem bloated if placed in a series.

It just so happened that we divided them together this time, once and for all.

“The Hanhua Ocean Series Fund was established, and Kunpeng Fund was renamed ‘Pacific Fund’; White Tiger Fund was renamed ‘Indian Ocean Fund’.

The Phoenix Fund was renamed ‘Atlantic Fund’, and the Suzaku Fund was renamed ‘Arctic Ocean Fund’.

Xuanwu Fund was renamed as ‘Southern Ocean Fund’.

In addition, Baize New York Fund was renamed as White Tiger Fund.

The London Taotie Fund was renamed ‘Suzaku Fund’, the newly established Japanese fund was named ‘Xuanwu Fund’, and the Singapore fund was named ‘Kilin Fund’. "

Xuanwu Fund mainly invests in the Japanese and Korean markets, while Singapore's Kirin Fund mainly invests in the entire Southeast Asian and Australian markets.

London-based Suzaku Fund covers the entire European market.

White Tiger Fund is responsible for the entire American market.

Qinglong Fund is responsible for the Chinese market and takes into account the global market.

Africa is an investment hotspot and should not be considered in the short term.

The Middle East is basically all oil.

South Asia, oh, let’s not mention the virtues of the third brother.

With these five mythical beast fund of funds, coupled with representative offices in some important markets, a large network covering the world can basically be formed.

"From now on, Hanhua will focus on the four major series of Five Mountains, Planets, Divine Beasts and Oceans, and seventeen FOFs of Four Mountains, Three Stars, Five Beasts and Five Oceans." Xu Liangdao.

Jiang Xiaoyang thought for a moment and said, "In general, there is no problem. However, I think real estate investment should be placed in the Wuyue series. Real estate is to some extent considered an alternative asset investment and is not suitable to be placed together with hedge funds and M\u0026A mergers and acquisitions funds.

Moreover, Hengshan and Hengshan in the Five Mountains have the same pronunciation, which is easy to confuse, so it should be changed to Nanshan Fund, or Nanyue Fund. "

Xu Liang briefly thought about it and agreed.

"The next changes and registrations of these funds are a big project."

Changing your name is not just a matter of re-registering, many contracts need to be re-signed.

"If all changes are made in a short period of time, the amount of work will be too large and it will be too troublesome. I think we should register a new fund first, and when the old fund expires, use the new fund to buy the assets of the old fund and cancel the old fund. Or register again.

Although it may take longer, it will save us more than half of our administrative costs. "Jiang Xiaoyang said.

"It seems that you have already made plans." Xu Liang said with a smile.

"If that weren't the case, I wouldn't dare mention it to you casually."

"Just do as you say. There's no need to rush."

Jiang Xiaoyang nodded, "Take your time and take your time. I went to work, and I just happened to be finalizing the company's restructuring."

Looking at the beautiful figure leaving in a hurry, Xu Liang sighed secretly.

As Hanhua grows bigger and bigger, Jiang Xiaoyang's ambition seems to be getting stronger and stronger.

Gather your thoughts and continue reading the information in your hand.

After a while.

Xu Liang walked to the desk and pressed the call button on the landline.

"Lu Hui, find Sha Zhigang."

"Mr. Xu, Director Lu is on vacation."

On the phone, Lu Xiaoying said quickly.

She is one of the political secretaries directly under Xu Liang's Secretariat. After Lu Hui took leave, she served as Xu Liang's temporary secretary.

There are more than thirty secretaries like her in the entire secretariat.

There are government affairs, daily life, and business investigations.

It is divided into two major office locations: Beijing and Xiangjiang.

Xu Liang suddenly realized that he gave Lu Hui a week's leave the day after he returned to the capital.

After all, I haven’t been home for a year.

"Who are you?"

"I am Lu Xiaoying, the third-level secretary of the Secretariat, temporarily replacing Director Lu to serve you."

"Do you know Sha Zhigang from Xuanwu Fund? No, it should be called Nanyue Fund now."

"Mr. Xu, I know him. I know every fund manager in Hanhua."

After Xu Liang nodded, "Go and call Sha Zhigang."

"OK."

Not long after, Sha Zhigang opened the door and walked in.

"Mr. Xu."

Sha Zhigang strode in with joy on his face.

Xu Liang pointed to the sofa opposite.

"sit."

Lu Xiaoying wisely served tea.

"You picked up money, are you so happy?"

"Haha, I haven't seen you for a long time. Now we are sitting together. Are you happy?"

"I haven't seen you for half a year, and you, a guy with thick eyebrows and big eyes, have actually learned how to flatter me."