Now that you have said it, you must bear the corresponding price.
Su Yehao handed her over to Assistant Zhuang Wei and copied the rules and regulations as a secretary ten times, lest the secret of her investment would be leaked one day and the boss would take the blame.
As a nominal executive of many companies, Su Yehao's casual disclosure of information may involve internal secrets.
Linda Yun actually knew this, so he only used his accumulated salary to invest in Wuliangye, Luzhou Laojiao and other liquor stocks that he was optimistic about.
These are the investment targets selected by Su Yehao for 5s Asset Management Company, and have no direct relationship with him. Therefore, Linda Yun opened a securities account to speculate in liquor stocks, which is not actually illegal.
Linda Yun, who felt that she was particularly wronged, was copying the rules and regulations manual in Zhuang Wei's office. She waved her wrist and complained: "I feel like he is taking revenge on me."
"why would you say so?"
During the lunch break, Assistant Zhuang Wei took out the tea tray and made herself a cup of Dahongpao.
It is said that the tea shop owner personally went to Wuyi Mountain in the mainland to buy the tea, which tastes very authentic.
She also likes to mix the endless black tea with a small bag of fresh milk and make her own milk tea to drink. Although the taste is not as good as the milk tea sold on the street, it is better in nutrition and health.
Linda Yun said while copying:
"Because when he was studying, I also asked him to copy English articles. Do you think this guy has been holding a grudge to this day and finally caught my little tail? If he doesn't copy it ten times, the quarterly bonus will be gone. Really?
It’s so miserable…”
Assistant Zhuang Wei was not good at dealing with people, so she discussed the matter as it happened and told her:
"Who asked you to trade stocks secretly without telling him? If you were more generous and asked him directly what he should invest in, maybe the boss wouldn't let you copy it ten times. Many people are watching him, and maybe even the people at the brokerage will pass you
You need to use your account information to understand what areas your boss is paying attention to, and you should be punished. Besides, you have made so much money, so it is already a good deal."
"Indeed, I was just investing casually, and suddenly I thought that Ah Hao said that liquor stocks are worth holding for a long time. I didn't expect that guy would change his mind whenever he said it, but he changed his mind again for no reason. I should have known better that I shouldn't have asked him to wait for me and wait for me to sell.
Reduce holdings after finishing."
"...You actually want the boss to wait for you to sell out? I finally understand why he asked you to fine him. Doesn't this mean he is allowed to operate illegally? As the chief fund manager of sssss Asset Management Company, he needs to report to the China Securities Regulatory Commission
and investors accountable.”
After Zhuang Wei finished speaking, he added: "Also, you don't need to tell me what the boss thinks. This is also a violation. There are relevant provisions in the manual in front of you."
"..."
Linda Yun knew she was wrong.
She was stupid to complain to Zhuang Wei. Now she changed the subject and asked: "Why do you always say sssss instead of abbreviating it as 5s? Isn't it uncomfortable to read, obsessive-compulsive disorder?"
"Hurry up and finish the copy. It only takes an hour to copy it. Do you want to work overtime until late tonight? Make sure you agree in advance that I will not accompany you. You have to go to the Royal Concertgebouw Orchestra in Amsterdam tonight."
"Really? I want to go too..."
…
Su Yehao is also in the assistant's office.
He spends a lot of money to maintain a group of consultants and analysts who are helping him calculate and deduce the mainland's economic and market trends in the coming period.
As for Nasdaq, there is nothing to worry about. Even if it falls, it will only be temporary. Anyway, profits and losses are private matters. As long as he doesn't care about the rise and fall of book assets, then there is no problem at all. The private equity-type assets under his name are
, the same is true.
But now, through 5S Asset Management Company, it helps investors manage properties worth tens of billions of Hong Kong dollars.
Investors will definitely not be like Su Yehao, relying on the advantage of predicting the future and holding on regardless of the ups and downs.
Once the economy enters a recession, these investors will definitely make mad redemptions. At that time, the capital chain of 5S Asset Management Company may have some minor problems.
The company's initial capital of RMB 10 billion has been successively invested in exchange for shares in Vanke, Gree and other companies.
In fact, even if something goes wrong, with Su Yehao's strength, it won't be a matter of life and death.
It was nothing more than sensing that something was not going well, and taking precautions in advance, planning to cash out some funds in batches to prevent investors in open-ended public funds from redeeming them all at once.
As for closed-end private equity funds and public equity funds, Su Yehao can just adjust his positions himself. With the current market enthusiasm and trading volume, it is not too troublesome to cash out.
After Feng Tiancai reported the situation in the first quarter of this year, he made suggestions:
"The average return rate of the funds under 5S Asset Management in the first quarter of this year is 4.43%. Even if we buy low-risk financial products in the second half of the year, it will be enough to give investors an explanation. The yield rate of some bonds can reach 6
% to 7%, even 8%.”
Su Yehao nodded, looked at Feng Tiancai, and said with a smile:
"It's a pity that the stocks raised through financing cannot be sold and can only be left in the market to drift. However, I don't expect no losses at all. Being able to outperform other fund companies is also a victory. In the asset management business, it seems that it is very susceptible to external influences.
Being kidnapped by investors' emotions, I didn't think so much before and should have kept more cash."
Feng Tiancai answered him:
"In financial management, investors should invest more when the market is good, and invest less when the market is bad. It is very easy to become emotional. I suggest that after you redeem part of the money, Mr. Su, go and accept interviews with several media to express your pessimism about the market prospects.
Even if there is a real problem with the stock market in the later period, you can still stand up and show your ability to increase investors' confidence in you."
After listening.
Su Yehao replied jokingly:
"I can just post a post on Yinhai Weibo, but I'm afraid that if I poke it lightly, the stock market bubble will burst. Then wouldn't I become a sinner?"
It is an indisputable fact that there is a bubble in the mainland stock market. The index is as high as more than 2,000 points, and the average price-to-earnings ratio is more than 60 times.
The average price-to-earnings ratio is more than 60 times, which means that based on current profits, all listed companies will have to earn more than 60 years to be as high as the total value of the stock market. From an investment perspective, the value has long been overdrawn.
Of course.
The high P/E ratio of some companies does not necessarily mean there is a bubble. Rapid growth can easily lower the P/E ratio.
Su Yehao knew that he had chosen the right project and would be able to reap super high returns by waiting patiently for a few more years. However, he had to take care of the investors' emotions, which inevitably made him feel a little troublesome.
He wished he could set up a few closed-end funds that would be closed for ten or twenty years, and then just throw them away after investing, without asking anything.
Fortunately, as long as we avoid potential crises this time, we can buy the bottom again and increase short-term yields.
Maybe we can take this opportunity to secure our position as the number one fund company in the country and add the words "traveling through bulls and bears" in the product introduction, which means to ignore the fluctuations of bull and bear markets and successfully survive the crisis.
It is easy to make money in the bull market, but it is very troublesome to avoid risks. This tests the ability of fund managers...