My Fintech Empire

Everyone also praised Fang Hong's frankness. He did not hide anything, was down-to-earth, and focused on sincerity. What he said was simple and clear, and no smart people were needed to make so-called professional interpretations.

Everyone deeply agreed with what he said, "If you don't trust me, then I don't have to do wealth management for you anymore" and didn't think there was anything wrong with it.

Fang Hong's comment in the comment area quickly received tens of thousands of likes, and it continued to increase rapidly as time went by.

It is worth mentioning that other asset management institutions were surprised when they saw that wealth funds stipulate that investors can only subscribe once in their lifetime. How much confidence and confidence do they have to dare to make such a rule? ?

In any case, other asset management institutions would never dare to do this, hoping that investors could continue to increase their investment amounts.

If Fang Hong dared to do this, he naturally had the confidence to support it.

There is only one opportunity to subscribe in a lifetime. The purpose is to make the public aware of the preciousness of this opportunity. Don’t get off the bus once you get on the bus.

If you want to redeem after subscribing, you have to think twice before making this decision, and be cautious again. Once you choose to jump off the bus, you have to think about it, and you will never have the opportunity to get on the bus again.

For wealth funds, the benefits are also great. The redemption pressure will drop sharply. Investors will not be impatient to redeem and stop profits when they see a little profit, but will continue to do so for decades or decades. Long term holding.

Anyway, when you need money urgently, you can use the pledge method to advance the cash flow and just pay some interest. It has been specified.

In this way, wealth funds can confidently and boldly let these funds enter long-term investment projects with a ten-year cycle, or even longer cycles, and slow returns, without having to worry about a run on redemptions, which will affect those strategies. level long-term investment project.

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The public opinion caused by this short essay that suddenly appeared, and the so-called "soul torture" were easily destroyed by Fang Hong's Weibo. Everyone no longer has concerns about this, and the public can still distinguish some basic judgments.

No matter how you say it, the things Fang Hong did are for show, whether it is education scholarship funds, requiring companies under the Xingxing Group to encourage maternity subsidies, entering the medical field, etc.

These things happened one after another.

As long as you have the most basic sense of right and wrong and basic analytical skills, you will understand that this is something that is beneficial to the people at the bottom.

As the weekend comes to a Monday working day, the offline branches of the four major banks in Xincheng and other major cities across the country are even more popular than last Friday. This shows Fang Hong’s appeal and influence. The weekend’s Weibo article Bo must have played a big role.

With the rise of online payments, overcrowded bank halls have become rare in recent years.

But now there is such a lively scene again. About 80% of the people who come to the bank come to handle the financial management business of wealth funds, or come to consult about this financial management business.

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Somewhere in the new city, a bank clerk answered the phone on his way to work. He said helplessly: "Auntie, it's not that I don't want to help. It's the wealth management business of the wealth fund. Our bank entrance is just an agent. Not to mention other things, I may not be able to win the lottery if I apply for it myself.”

A voice came from the other end of the phone: "Can't we just have a casual relationship?"

The bank employee replied: "The bank entrance is only responsible for accepting subscriptions, but the lottery is led by the wealth fund. Not to mention that I am just a department head of this bank. Even our president cannot use the back door. Even if Even the president of the head office can’t get through.”

He added mentally: It is impossible for the president of the head office to break the rules just for these millions.

The aunt on the other end of the phone asked, "Don't you have any connections at the wealth fund?"

The bank clerk said helplessly: "No, aunt, aren't you trying to make things difficult for me, a clerk in a branch? How can I have such a well-connected relationship? It doesn't work, it really doesn't work. The parent company of the wealth fund is Qunxing Capital. You Didn’t you read the news a few months ago? In the past few months, Galaxy Enterprises sent people to work on sewing machines one after another for job-related crimes. Who dares to commit crimes against the wind? "

Some time ago, during the purge of insiders, tens of thousands of people went in to use sewing machines. This scale shocked the industry. Even Stars Capital sent dozens of people in.

However, such a large scale is also related to the many companies under the Xingxing Group. After all, the total number of employees in the major subsidiaries has exceeded 8 million.

After a while, the bank clerk called back and said, "Auntie, I won't talk anymore when I get to the company."

After saying that, he hung up the phone and walked into the bank with a look of helplessness. Recently, because of the wealth fund thing, not only the seven aunts and eight aunts wanted to come to him to establish relationships, but also the so-called Friends come to give gifts and build relationships.

Relatives and friends all thought they could get inside connections from him, but he really couldn't do this kind of thing. Even if he wanted to open the back door, there was no way to do it, because the matter of drawing lots was not at the bank entrance at all. The four major cooperators The bank only provides business agency and has no right to determine the specific amount of winning signatures.

What the bank earns here is also the investor's loan business. Anyway, the total quota is fixed, at two trillion, and each of the four major banks has a quota of 500 billion. Whoever wins the lottery will earn what they deserve. There will be no shortage of them. If you want to expand profits, then try to let investors apply for loans as much as possible.

As for the most critical lottery, it is in the hands of the wealth fund. The bank does not have much room for maneuver unless it excludes outsiders and refuses to accept the application.

But the head office will definitely not do this kind of thing, and few branches would dare to do it. If you don't catch it and someone exposes it and stirs up public opinion, it will be the end of the world.

And even if you really do this, it won't have much effect, because it will still be pooled into a pool in a region for drawing. The randomness is too great. The branch can control one-third of an acre of its own land, but it can't control anything else. Damn it, if the time comes when you take risks and give others an advantage, you will naturally not do such a thing.

In short, the risks outweigh the benefits, and it’s not cost-effective so I don’t want to do it.

In fact, all the staff at each bank branch have subscribed, and all relevant relatives and friends have subscribed, especially the ordinary staff working in various branches, which is also very attractive to them, and they work in financial institutions and are practitioners in this industry. , the ability to receive and analyze information is much stronger than other public groups.

Even so, they can't guarantee that they will win the lottery 100%. They have no way to go through the back door, and it depends on whether luck is on their side.

Those who want to use this back door must deal with the core executives of wealth funds, but people with such methods will not look down on these three melons and two dates at all, and they will look down on millions and tens of millions. Even the executives of wealth funds would not dare to invest such a large sum of 100 million. The people who stepped in and stepped on the sewing machine one after another are still fresh in their minds.

What's more, this matter is highly concerned and valued by the big BOSS. These executives are also reliable. When Fang Hong used them, he had already selected them through the "plug-in" competition of the reputation system to confirm their reliability.

Wealth funds concern the middle and lower classes, covering tens of thousands of people, and the most basic procedural fairness must be guaranteed.

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