Reborn as a tycoon in Hong Kong

Lin Baicheng stood on the small stage, while Mailihao, Henry and others were sitting in the audience.

"I'm Lin Baicheng. Thank you all for taking the time to attend tonight's party."

"Here today, I will report to all investors the return on investment of Yum Fund so far, as well as my own arrangements for the fund in the future."

"Yum Fund is divided into two phases. The first phase raised a total of 18 million Hong Kong dollars. After deducting commissions, taxes and other additional expenses, the investment in this phase has a total net profit of 360 million Hong Kong dollars."

"If you calculate it all, it's exactly 20 times the profit of the principal!"

What Lin Baicheng is holding now is a copy of the exact data calculated by Yum!

"Okay!" "YES!"

After listening to Lin Baicheng's words, the investors who invested in the first phase couldn't help but applaud.

This is a return rate of 20 times. As long as you invest 1 million Hong Kong dollars, that is a return of 20 million Hong Kong dollars. Even if you only invest 500,000 Hong Kong dollars, you can still get a profit return of tens of millions of Hong Kong dollars, which is unbelievable.

"thanks for your support!"

Lin Baicheng pressed his hand and continued: "The funds raised in the second phase are HK$75 million. The return on investment of this second phase is not as high as that of the first phase. It can even be said that there is a lot of difference. The total profit It’s only HK$297 million, which is a return rate of nearly 4 times.”

"Crack! Crack! Crack!"

Although the return rate of less than 4 times in the second period is very different from the 20 times return rate in the first period, the return rate of nearly 4 times is already very high, and all investors are satisfied with it.

Lin Baicheng was a little surprised that the rate of return for the second phase of funds was less than 4 times. When he told Henry before, he made a calculation error and thought that there would be a 5 times rate of return, but he averaged the rate of return for the first phase. The truth is The rate of return is not that high.

The total profit of Yum Fund was HK$657 million, and Lin Baicheng's own total profit was also HK$657 million. The remaining part was used by him to reward Yum Securities' executives.

The capital operation of Yum Fund was arranged by Lin Baicheng, which means that people are required to trade when buying and selling, and it is not touched at other times. Therefore, Yum Securities actually does not contribute much. The bonus of about one million Hong Kong dollars, even if dozens of people There are a lot of points.

"The contract you signed with the fund expired on the last day of this year. The fund originally planned to start redemptions on the first day of next year. However, my own arrangements for the fund have changed, so the fund will start redemptions from tomorrow Monday. With redemption enabled, all investors can get their principal and profits back from the fund."

"Lin Sheng, will Yum Fund still accept everyone's funds?"

Henry asked immediately, he was very concerned about this matter.

"Of course it will. The Yum Fund will exist until investors no longer trust the fund."

Lin Baicheng nodded and said: "Tomorrow happens to be October 1st. When the fund opens the redemption of funds, it will conduct a one-month fundraising. This time the fund's closing period will no longer be about a year, but will be Three years of closure.”

"In other words, if someone invests money in the Yum Fund, the funds will not be withdrawn within three years. No matter what happens to the investor or how much the money is needed, the fund will not redeem it in principle. If you want to There is only one way to redeem, and that is to give up all profits during this period, and the fund will only return the principal to investors."

"Lin Sheng, why was the closure period changed to three years?"

Mailihao couldn't help but ask aloud. The reason why he asked this was very simple, because if nothing unexpected happened, he had only served as the governor of Xiangjiang for more than two years. Generally speaking, the governor of a British colony only lasts for ten years, and he was appointed as the governor of Hong Kong in 1971.

Speaking of which, MacLehose was able to serve as the governor of Hong Kong for ten years, which shows that Hong Kong has developed quite well under his management, otherwise he would have been replaced by Downing Street long ago.

"Because the fund is preparing to take a long-term investment route, if a customer suddenly wants to redeem funds, it will affect the operation of the fund. Therefore, in order to avoid trouble, the closing period must be extended."

"It's because this fund has just been established not long ago, and I am still young. I know that many investors don't trust me that much, otherwise the fund's closing period will be longer. This time it is only three years, and next time it may be Five years."

After a pause, Lin Baicheng said solemnly: "I want to explain here that the previous high rates of return are not always available. In the next three years, the fund's rate of return is likely not to be that high. The rate of return is less than double, so everyone needs to think carefully about whether to hand over the funds to Yum Fund for management."

The high returns that the fund brought to investors this time made Lin Baicheng know that many people would definitely invest money in the Yum Fund, so he didn't mind saying something that seemed discouraging, and it would be good to make some people retreat.

Someone asked aloud: "Lin Sheng, how much can we earn from the money we invest in the next three years?"

"If you believe me, I will bring you no less than 50% profit return in three years. Of course, I will only say this and will not sign a guarantee in the entrustment agreement. You can judge for yourself whether you believe it or not."

Lin Baicheng is not stupid and will not put shackles on himself. If it were not for the influence of these people in Xiangjiang, he would not even say so much.

"Only 50%?" "It's a little less." "It doesn't feel like much."

The previous return rates of at least four times and up to twenty times have whetted everyone's appetite. When they heard that the return rate was only 50% in three years, many people suddenly felt that this rate of return was a bit too low.

In fact, a 50% return rate in three years is not low, equivalent to 15% compound interest every year. Not everyone can steadily obtain such a high rate of return for several consecutive years.

You know, the compound interest return rate of the stock god over the past few decades is only about 20%. If a fund can achieve a compound interest rate of 15% every year, even if it is not as good as the stock god, it is not far behind, and it will definitely be at the top of the industry.

Seeing that many people felt that the rate of return was not very good, Lin Baicheng smiled indifferently and continued: "The upper limit of the fund's fundraising for this phase is HK$1 billion, and the fundraising time is one month. Regardless of whether it can be raised by then, When the amount of funds raised reaches HK$1 billion, when the time is up, the fund will be closed and will no longer accept funds. Whether you want to invest money or not, everyone has time to think carefully and do not make a decision in a hurry."

"I will also talk about the management fees and commissions of the funds here. The first is the management fee. The foundation charges a 10% management fee. That is, if you invest 1 million Hong Kong dollars, the fund will charge a management fee of 100,000 Hong Kong dollars. These are three Annual one-time management fee.”

"Lin Sheng, is the 10% management fee too much?"

Someone interrupted loudly, thinking that the management fee was too high, and he lost 10% of his principal before making any money.

Lin Baicheng did not refute that the management fee was not high, but nodded in agreement: "The 10% management fee is indeed not low, but I believe that the fund can bring satisfactory returns to customers. I said before that the return rate is 50% in three years , not that there are only these, but I think the minimum return rate in three years is 50%. As for how high it is, it’s hard to say. If you can encounter this good opportunity to be long gold futures in three years , then it is also possible to earn several times the profit.”

"So, I think the 10% management fee is not high, and the fund's capabilities are worth the price."

Seeing that no one questioned again, Lin Baicheng continued: "Then let me talk about the fund's commission. If the fund's profit is less than 50% in three years, then the fund will only take a commission of 1% of the total profit. It's basically a joke. I haven’t taken any commission from you because I believe the fund’s profits in three years can exceed 50%.”

“If the profit is between 50% and 100%, the company will take 20% of the profit as commission, that is, 10% to 20% of the profit as commission; if the profit is between 100% and 150%, the company will take a fixed commission of 30% of the profit. % as commission; if the profit is between 150% and 200%, a fixed commission of 40% of the profit will be taken; and once the profit exceeds 200%, then the company will take a commission of 50%, and half of the commission is the highest proportion."

When Lin Baicheng finished speaking, everyone in the audience began to calculate secretly. The numbers were not complicated, and the results were soon available.

As for Lin Baicheng's commission, everyone had no objections and could accept it. Half of the commission is indeed very high, but if it is really half the commission, then everyone's investment will be equivalent to at least double the profit return, just like this time.

"The next thing I want to say is that Yum Securities has merged with Galaxy Bank. At the same time, Yum Fund will be transferred to Galaxy Bank and will be managed by Galaxy Bank in the future. However, the general direction of investment is still controlled by me, so I am Investors have no influence, everyone just needs to know about it.”

Lin Baicheng plans to let Yum Securities specialize in the investment of its own funds, and hand over the funds to the bank. In the future, the bank itself will also launch funds for the public, and the person in charge of management will naturally be Yuan Tianfan.

This matter really had nothing to do with investors, so everyone ignored it after hearing it.

All that needs to be said has been said. Lin Baicheng has finished his speech. Other things can be said slowly with investors in private.

Everyone returned to the middle of the lobby, drinking and chatting.

Lin Baicheng took the opportunity to call Mailihao aside to talk alone, with no one else around.

"Sir, I need your help with something."

"Lin Sheng, please tell me, I will try my best."

Mai Lihao knew that Lin Baicheng was asking him to repay him, and seeing that Lin Baicheng had made nearly 20 million US dollars for him, he would definitely repay him. As long as it was not too embarrassing, there would be no problem.

"It's like this. I want to build a comprehensive university and add disciplines in semiconductors and biomedicine. I don't have any problems with funding, but I need the help of Jazz to recruit teachers from the UK or other European countries."

Semiconductors and biomedicine will be the two major industries that Lin Baicheng will focus on developing in the future. However, there are no universities in Xiangjiang that specialize in semiconductors and biomedicine. Talents cannot be cultivated by themselves. All external recruitment is not advisable, so Lin Baicheng needs to make plans early. .

"Although this matter is a bit troublesome, I can agree to it and approve Lin Sheng to establish a school."

Mai Lihao nodded first, and then said: "But Mr. Lin, I have to say something first. The school can approve your construction, and I can also help recruit teachers from abroad, but for them to come to Xiangjiang to teach, they need to pay The salary will definitely be higher than abroad, and you have to pay these expenses, and the Hong Kong government will not give you any subsidies."

"I know, that's not a problem."

Lin Baicheng smiled slightly. He had never thought about getting subsidies from the Hong Kong government.

MacLehose continued: "Another thing is that Lin Sheng's school has to find its own way in terms of enrollment, and the Hong Kong government will not help allocate it. At the same time, there must not be a big difference between tuition fees and peers, whether it is Too much or too little is a no-no.”

"I won't break the rules."

Lin Baicheng had no objection.

"The last thing is the most important thing."

Mailihao solemnly said: "I know that Lin Sheng's position is biased toward the mainland. This is Lin Sheng's decision. Although I feel sorry for it, I won't say anything more. But in Lin Sheng's school, Some courses of education are necessary and cannot be changed. Those education may be contrary to your position, Lin Sheng, but the rules are the rules and no change is allowed."

".I understand, these are not problems!"

After pondering for a moment, Lin Baicheng nodded and agreed. He knows that there are many things in Xiangjiang education that smear history and the mainland, but he cannot change these now. He must either follow the trend and build schools, or he should not think about building schools before 1997. For the future development of the semiconductor and biomedical industries, he Compromises must be made.

"If you have no problem with these Lin students, then there will be no problem with building the school."

Mailihao nodded upon seeing this: "However, it will take some time to approve Lin Sheng to build a school, and it will also require the support of some people. Lin Sheng, you will still have to be active by then. I think you should understand what I mean."

"I understand what Sir means."

Lin Baicheng smiled and nodded, just to let him get through some people's relationships and get approval, so that if everyone agrees with the decision, there will be no hidden dangers in the future.

"Lin Sheng, how much do you think is appropriate for me to invest in Yum Fund?"

Mailihao suddenly asked. He had done Lin Baicheng a favor, but he was ready to ask for the favor.

"If the Jazz doesn't have a lot of money to spend, they can invest 10 to 20 million US dollars. It depends on the Jazz's own decision."

Lin Baicheng said with a smile that since Mailihao had done him such a big favor, of course he wouldn't mind helping Mailihao make money. That's not what he wanted. Everyone would benefit from each other.

"Since Lin Sheng, the upper limit of your fundraising this time is HK$1 billion, then I will invest HK$50 million."

Maliho thought for a while and said that the investment of nearly 12 million US dollars was not low, but even if these investments all lost money and went wrong, his investment in Yum Fund still made money. This time, his profit was nearly 20 million U.S. dollars, and there was almost 8 million U.S. dollars in profit from the recovered funds, which was more than double his previous principal investment.

Lin Baicheng nodded with a smile and made a good sale: "The investment amount of a single customer is actually limited, but Jazz is different from others. Let alone 50 million Hong Kong dollars, even an investment of 100 million Hong Kong dollars is no problem."

"Then I would like to thank Lin Sheng for taking care of me here."

Mailihao smiled and said sincerely that it would not hurt him to be able to make friends with a super rich man like Lin Baicheng.

Mai Lihao didn't think there was any problem in being friendly with Lin Baicheng. In the political system of Western countries, it is very normal for politicians and capitalists to cooperate, using each other to cooperate.

Lin Baicheng wouldn't even think there was a problem. He had no background and suddenly became rich. If he hadn't made many connections, he would have been in trouble a long time ago.