My Fintech Empire

It is not difficult to secure a cooperation with China Unicom, but it is even easier to secure a local state-owned institution in Xincheng. The 11% stake must not be given away for free, lest it be accused of engaging in "rent-seeking" behavior when it is obtained.

Therefore, in order to get the 11% equity of Xincheng local state-owned institutions, they have to invest a sum of money according to the initial valuation consideration of the WeChat project, and they must not invest at an underestimated valuation.

However, Qunxing Capital will guarantee the investment of Xincheng State-owned Assets Agency and sign a guarantee agreement. recourse.

In this way, with Qunxing Capital guaranteeing the bottom line in the middle, the investment of Xincheng local state-owned institutions is tantamount to making a steady profit without losing money, so you can invest with confidence.

Moreover, after the local state-owned assets agency of Xincheng invests this investment money, assuming that it invests 1 billion in it, it can quickly return the invested money and cash it out.

The operation is also super simple. With the guarantee agreement of Qunxing Capital, this is a super high-quality debt. If the local state-owned assets institution of Xincheng wants to cash out, then pledge this debt.

This kind of super high-quality debt is backed by state-owned assets and guaranteed by Qunxing Capital. Many financial institutions are willing to accept it. For local state-owned assets institutions in Xincheng, simply playing with the pledge operation can easily get liquidity. Well, it’s just a few more procedures. In the future, when the pledge expires, it can be redeemed or extended.

To a certain extent, Xincheng local state-owned assets institutions do not need to pay any money to get the 11% equity.

Even if you spend a little more time playing, you can pledge more liquidity in the future.

Because there are expectations, that is, when WeChat comes out and develops in the future, the valuation will also rise. If the 11% equity is now assumed to be worth 1 billion yuan, it will develop rapidly in a year and the valuation will double. 5 times, the 1 billion is immediately worth 5 billion.

Even if the corresponding liquidity is set at half of the valuation of 5 billion, the local state-owned institutions in Xincheng can cash out 2.5 billion, which is equivalent to cashing out an additional 1.5 billion in liquidity.

Isn't that how finance is played, and this is considered a routine operation in the financial circle, and it can't be said that the game is too fancy.

The layout of WeChat is officially launched, based on the social network platform in the mobile Internet era, and then let Xu Jingren's team start to realize it. As the big boss, Fang Hong still plays the role of controlling the general direction strategy.

...

Monday, April 26.

After the A-share market rebounded last Wednesday, it adjusted downward again. Today, the market index closed down -0.47% to close at 2969 points, the third consecutive decline after the rebound.

In the recent market performance, Fang Hong did not take any action. The stock index futures has reached the expected target position, and then just wait for the market to drop.

With his current amount of funds, the income from making small tickets is not high, and most of the small tickets that go out of the way can’t be placed in the position. The whole tens of millions go in, and even if you eat a few boards, you can only make a little profit and go to the position. It's easy to get in, but hard to get out.

However, relying on the profits generated by the short selling of 15 mid-line stocks and stock index futures, Fang Hong's assets in institutional accounts and personal securities accounts have also exceeded 10 billion.

Not long after the market closed, Fang Hong also logged into his personal Weibo account and edited a short text:

[This year's income has reached about +56%, outperforming the Shanghai stock index market by about +65%, and successfully breaking through and unlocking tens of billions of achievements, a milestone worth remembering. 】

After Fang Hong edited the content, he took a screenshot of the account's holdings and uploaded it to Weibo and posted it.

Naturally, he understands the reason for making a fortune without revealing his identity, but Fang Hong needs more reputation points, so Lu Bai reveals it. Even if his identity information is exposed now, it is not a big problem, but it will be more troublesome and inconvenient to travel in the future.

Once this microblog was released, it was quickly reposted by more than 20 million fans and retail investors. There were heated discussions in major forums and stock exchange groups. A large number of messages and comment areas under the blog post were quickly generated. Refresh after a while. Dozens of new comments can be generated.

[Really awesome pen, I am so impressed! ]

[Big A is used as a cash machine, and one person can equal the annual profit of a Fortune 500 company, which is really terrifying! ]

[God K, please stop, don’t make money, you’ve lost all the money in the market! ]

[This is the money that value investing can make? Go to the fucking value investment, I want to embrace the leading tactics! ]

[Leading tactics should not be used lightly. If you play well, you can go to heaven, but if you don’t play well, you can go to hell. ]

[I just hate the leader every day, and then kill the account in half, why is God K? ]

[K3478 reply to thread //: How can there be so many leaders in the market? This thing is not wholesale, and the faucet is only born in a special period, and it cannot be called a faucet even if it is connected to the sun. To be precise, a real faucet should have these four attributes: initiative, drive, space, and tolerance. ]

[Mark in the front row! ]

[Look at God K up close. ]

[Can you be more specific about the four attributes? ]

[K3478 Reply//: The so-called initiative is the one that starts to rise first; the drive means that you can’t just rise by yourself, but also drive the followers to rise; Tolerance means that it can accommodate the inflow and outflow of large funds, and the daily trading volume can easily reach more than one billion, or even more than two billion. Satisfying these major attributes can basically be regarded as the leader of the market. ]

[Knock on the blackboard, take notes, study is useless! ]

[Looking back and looking at Dongbai Supermarket and Shandong Juli, they all have these characteristics. ]

[It's the patriarch after all! ]

[It is suggested that God K should keep a low profile. This society pays attention to not revealing wealth. If you are so high-profile and make people jealous, you will bring yourself trouble. ]

[K3478 Reply to thread//: Thank you, but it’s okay, every penny of money is clean, it can be seen, and it can stand the sun. ]

[Clean is confidence! ]

[Support God K! ]

[I'm curious about a question, God K, what do you plan to spend after earning so much money? ]

[Ten billion, as long as you withdraw from the market now, wash your hands in the golden basin, and retire from the world, you will never spend ten lifetimes. ]

[Washing hands in a golden basin...]

[Don’t withdraw from the market, God K! ]

[K3478 Reply to thread//: Personally, I am more interested in cutting-edge technology, and may invest in some scientific and technological innovation projects for fun in the future. Some young entrepreneurial teams with ideals lack project start-up funds. Welcome to private message me on Weibo, but not necessarily I will see it, but I may not be able to vote for it. If I see and have a project that I am interested in, we can try to cooperate. ]

[God K is about to enter the rhythm of the primary market? ]

[God K: It’s too boring to make money all the time in the secondary market, go to the primary market! ]

[Niubao! ]

...

The content of Fang Hong's interaction with fans on Weibo, especially the fact that he expressed his intention to invest in some technology start-up projects, quickly spread, and many technology media also paid attention to and reported on this matter.

Most people say so, certainly not many people take it seriously.

But if someone with a net worth of tens of billions says the same thing, a lot of people will take it seriously.

Because it is really possible to get so much money to invest.

Even looking at the investment community across the country, there are really not many investment institutions that can own tens of billions of assets.

This matter also quickly attracted the attention of people in the investment and technology circles.

After most people in the investment community read it, small investment institutions didn’t pay much attention, because they didn’t know that the owner of the K3478 account was the big boss of Qunxing Capital, and many people admitted that K3478 was a genius speculator in the secondary market. But being able to play well in the secondary market does not mean that it can also be successful in the primary market.

Big investment institutions didn't care too much, because they regarded the Weibo account K3478 as the operating account of Qunxing Capital.

On the contrary, entrepreneurs in the technology industry are quite concerned, especially young college students who are not favored by VCs, because everyone knows that K3478 is also a college student. This has been posted on Weibo a long time ago. Everyone knows that God K is on I am a college student and will be graduating this year.

They are all young college students, logically speaking, there will definitely be more common words, so the college student science and technology innovation team is very concerned about it. It is difficult for college students to start a business to get angel investment. Got an angel investment.

...