Hong Kong and mainland stock markets staged a double dive.
Although Su Yehao seemed to be cashing out at a high level, his total assets were still affected and declined slightly.
However, due to the large amount of cash pocketed by Weian, the decline in yields was relatively small.
No matter what.
Compared with the principal invested, Su Yehao obviously made enough money.
5S Asset Management also has sufficient cash flow and does not have to worry about customers cashing out. This allows it to cope with the market decline and watch the excitement for a period of time.
A-shares rose sharply at first, but fell even faster in November.
Just three weeks passed, and when the time came to December, after statistics, it was found that the single-month decline in November was as high as 18%. In the process, countless investors were affected, and many vulnerable middle-class people were directly knocked back.
Original form.
When the general managers of 5S Asset Management and 5S International Financial Investment Bank approached him to report on their work, Su Yehao also said from the bottom of his heart that it was best not to think about making money beyond what he knew.
Regardless of whether the stamp duty was raised in the middle of the year, or fund companies were asked to tighten funds and prohibit customers from continuing to purchase investments in October, they were actually sounding the alarm. Unfortunately, the authorities were obsessed, and investors who were carried away were still rushing in.
stock market.
He reminded her in advance that Zhao Yimeng, who went to Singapore to short the FTSE China A50 Index, easily made more than 200 million Hong Kong dollars in November. When the two parties continued to meet on the hybrid sailing yacht, she did "thank" Su Yehao.
Unlike Su Yehao, who has become numb after making money in business, Miss Zhao is more career-oriented and is still at the stage where she thinks making money is fulfilling and exciting.
Su Yehao, on the other hand, seemed to dislike having too much money and started seriously studying the repurchase plan.
Just make a plan in advance and prepare to pick an appropriate time to support the listed companies such as Midea Group, Moutai Group, Yanghe Liquor, Hengda Real Estate, Yangtze Power Generation Group, Suning Appliance, etc., including a total of 13 listed companies.
, the total repurchase amount is expected to exceed HK$80 billion.
Due to his large-scale reduction of holdings in the past, the stock price increases of these companies in the recent period were generally lower than those of other listed companies. Therefore, there was no need to wait until the bottom fell before taking action. Instead, he mainly wanted to protect the interests of investors.
A major shareholder like Su Yehao who doesn't care about the three melons and two dates in the hands of the leeks is simply too rare.
It is estimated that when word of the buyback plan spreads, it will have the effect of stabilizing its subsidiaries in advance. By then, most other shareholders will be sad when they hear about it and shed tears when they see it.
In a healthy development of the stock market, managers of listed companies should consider issues from the perspective of shareholders, rather than act according to the prevailing situation one by one. When encountering a crisis, they will add insult to injury and look for takers to desperately reduce their holdings and cash out.
Su Yehao's shareholding reduction plan was suspended in the first week after the stock market crash. Combined, the total cash held by him, his family trust and 5S Asset Management reached about 650 billion yuan.
Countless hedging funds are trying to pour into QDII funds and indirectly invest in overseas stock markets through 5S Asset Management. For the future of these leeks, Su Yehao also chose to temporarily ban the subscription of QDII funds.
Although the decline seems to be huge, some investors have only spit out some profits for the time being. The proportion of 5S asset management investors who actually suffered losses is less than 5%, so the expected run has not happened yet.
In this situation, Su Yehao just thought it was okay.
Judging from the data, it is still at a high level. The decline was relatively sharp in November, which is far from the most difficult time. There is a high probability that the market will be cut with a blunt knife and enter a relatively long-term bear market.
Mainland and Hong Kong stocks fell first. Other markets in Asia-Pacific, Europe and the United States are looking at the joke. It is estimated that their good days will soon come to an end...
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In December in the port city, the weather gradually gets colder.
Nong Qingying sent him a camel-colored coat made of vicuña hair, and said with a smile:
"Yours is a men's model, mine is a women's model. My son customized a small one. Everyone knows we are a family when we go out. Tianrui grows up really fast. The clothes he just bought last year don't fit this year.
Now when he is tired from walking and asked me to hold him, how can I hold him?"
Vicuña hair is produced in South America. It is an animal that looks like an alpaca, but is even rarer.
Su Yehao also owned a vicuña wool sweater before, and the fabric was very comfortable.
The price of a single sweater is as high as hundreds of thousands of Hong Kong dollars. It is said that because they are protected animals and can only be obtained by combing, the hair taken from twenty or thirty llamas is only enough to make one.
sweater.
With a little curiosity, Su Yehao asked her: "How much does this cost for me?"
"What's wrong with more than 20,000 euros?"
"It's really expensive. My son is at school all day long, and occasionally fights with his classmates. He just needs to dress casually. If someone dumps a few pen and ink dots, do you want to bankrupt his parents?"
Su Yehao is joking.
Nong Qingying rolled her eyes at him and told him, "It's not like you don't know that he can only wear school uniforms in school, and the style is really ugly."
"The baggy sportswear is to prevent children from comparing each other since childhood. I feel that my decision to send him to Pengcheng was not wrong. At least he is still a normal child now and has not been spoiled by his classmates.
Overlord."
Su Yehao recalled his student days. Although it was not so refined, he was still happy.
If you send your child to a private school in Hong Kong or abroad, you don't have to guess. Those guys who are as big as brats will definitely surround his son. Su Yehao doesn't want his children to become the same as before.
It was just a coat, and no one really cared about it. After Nong Qingying asked him to try on the clothes, he continued to ask:
"Miss Nangong is pregnant, right? If you put in more effort, I think you can help your son and have a younger brother or sister. My son studies every day and has a lot of homework in the evening, so I just have time."
Good guy, I'm really trying to form a football team.
Thinking that when he gets older in the future, it may be difficult to remember all the names of his grandchildren, Su Yehao twitched his lips and replied:
"It's not impossible, just let it go. But what does it mean to put in more effort? I seem to hear a little bit of suspicion of cheating on my body."
Nong Qingying smiled happily and said to him: "Why did you lie? You haven't had time to accompany me recently. My friends asked me to go out to eat, and they all have families to take care of. You should take time out occasionally."
It was a very reasonable request. Su Yehao nodded immediately:
"Okay, how about tonight? Just find any reason to invite your friends to have a meal. If you have time, you can also go to see a movie. Star Master's movie "Kung Fu" has just been released. When writing the script, I will also provide