I didn't dare to stay in a hotel, so I quietly came to a courtyard that had been vacant all year round.
These are Su Yehao’s experiences.
In order to prevent the news of his coming from spreading, he would encounter some enthusiastic customers who would come to the door and complain about their poverty.
For example, when I went to Pengcheng a few days ago, I was stopped halfway by someone and chatted on the roadside for a long time.
The land I acquired at that time was still being hoarded, and I did not plan to touch it within three to five years. Anyway, it was large enough that others would not rush it. I would wait until the surrounding housing prices, consumption potential, and infrastructure increased, and then we would develop it.
It's not too late either.
In order to allow open-end funds to be launched as soon as possible.
For four consecutive days, Su Yehao spent time walking around.
In my spare time, I would drink tea, eat melon seeds, listen to cross talk, and take a bath in the capital club to rub my back and have someone step on my back.
It’s the dog days of summer, and even if you’re not doing anything, you’ll break out in a sweat just standing outside.
Occasionally if you are unlucky, you will still get blocked.
Some people want him to investigate investments, while others want Su Yehao to provide funds and partner with him to do business.
Most of them were politely rejected by Su Yehao, and the commercial projects that interested him were sent to KOKO Venture Capital for further evaluation and inspection.
The proposal to liberalize the fund industry is currently stuck because of insufficient supervision.
Some people have held special meetings to study it, and are worried that once open-end funds are promoted, the entire industry will face an impact, and many problems will arise.
There is precedent for this kind of thing.
For example, when securities trading was first liberalized, troubles arose one after another, and cases of exploiting loopholes abounded.
What Su Yehao meant was to use the 5S Asset Management Company as a pilot first and invite an official team to settle in to gain experience from the exploration process.
With a commitment of RMB 60 billion over three years placed in front of the other party, and the four partnerships of 5S Asset Management also helping out, the proposal to establish a pilot was quickly agreed to, but some preparations needed to be made in advance.
The so-called "preparatory work".
It probably refers to selecting people to form a working group to study and discuss how open-end funds in Hong Kong, Europe and the United States operate and how to supervise them.
When the preparations are almost complete, then use several companies including 5S asset management companies as pilot projects to see what the effect is.
I have to say, no one else would have such efficiency.
There is no big event in July, and the same goes for August.
Until mid-September, a draft titled "Measures for the Trial Implementation of Open-End Fund Management by Securities Investment Fund Management Companies" was released. 5S Asset Management Company and seven companies, including Hua'an and Nanshan Venture Capital Fund, were included in the pilot enterprises.
in the list.
Outsiders watch the excitement, but insiders know that this is because they are taking advantage of Su Yehao.
Now that the pilot work has begun, I believe that full liberalization is not too far away, and many people are laughing from ear to ear because of this.
The vast majority of fund companies have not yet received admission tickets. 5S asset management companies, which have been prepared in advance, have already begun to directly cooperate with banks, securities firms, and offices in major first- and second-tier cities under Su Yehao's instruction.
, began to officially absorb funds from the outside world, and temporarily put them into official supervision accounts.
Affected by this incident, the stock market rose sharply.
After all, retail investors have always been the main force before, but now there is a new institution, which means that a lot of funds will inevitably flow into the stock market, making the market more dynamic.
The news was overwhelming, and there was no need to spend money on publicity. In the following two weeks, 5S Asset Management Company raised more than 8 billion yuan.
You must know that the scale of the entire fund industry in the country was only 50 to 60 billion yuan.
Seeing that open-end funds have exploded with such amazing potential just after their establishment, many fund company executives who were also on the pilot list regretted and wanted to bang their heads against the wall, blaming themselves for not being able to bring the product to the market in the first time.
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However, after their open-end fund products were actually launched, they found that a large amount of funds still only flowed into the accounts of 5S Asset Management Company.
After investigating, a reporter discovered that what this group of investors recognized was not the open-end fund itself, but that they wanted to follow Su Yehao and hand over the money to this Hong Kong-based small stock god to help manage it.
When these things happen.
Su Yehao is in Silicon Valley, only remotely directing the executives of the 5S Asset Management Company to look for more potential stocks worth investing in before he goes back.
Nasdaq has experienced a period of recovery and has experienced another avalanche this week.
This time he failed to seize the opportunity and entered the market belatedly. He opened some short positions in stock index futures, bought a fund that was three times short of the Nasdaq, and allocated some options contracts that were short of other Internet companies.
Although I missed the best time to enter the market, I still made a lot of money in recent days, roughly more than 200 million US dollars.
The excuse for coming to Silicon Valley this time was to deal with business, but in fact it was Nong Qingying who was acting coquettishly to please him and insisted on letting him stay with her.
So he had no choice but to cross the Pacific and come to Silicon Valley to avoid being noticed.
The ranch she was interested in had not been sold, and the seller had lowered the price by two million US dollars. After Su Yehao learned the news, he had already contacted the seller in the name of Nong Qingying. Now he was just waiting for the lawyers of both parties to be ready and the payment to be signed.
trade.
From this point of view, the purchasing power of Silicon Valley's richest people is indeed not as good as before.
In March of this year, before the Nasdaq entered the cold winter period, such a vast tract of pasture in the Bay Area would be bought up in minutes. How could it remain on the market for several months without finding a buyer?
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September 20, 2000.
Nong Qingying came forward in the morning and signed a contract with the ranch seller. Su Yehao took her to the ranch in the afternoon to inspect and receive the flocks of cattle and sheep that had not yet been slaughtered.
The name of the ranch is still the former "N3 Cattle Company". Including oak forests and grasslands, the area even exceeds the urban area of San Francisco. Looking at it, it is considered the largest ranch in California.
Stepping on the grass at this moment, Su Yehao supported Nong Qingying and said with admiration:
"Only after seeing it on site did I realize just how big it is. If this land were placed in a port city, it would be worth at least HK$500 billion and could accommodate millions more people."
Nong Qingying was amused by these words. He held his waist and walked forward carefully, saying: "How can there be such a large population in Hong Kong City? If the houses are developed and no one will live in them, be careful and you will be killed in the end."
"Why is there no one? Hong Kong has a small population, but there are many people in the mainland. If restrictions on house purchase are relaxed, all houses will be sold out within 20 years. HK$500 billion is just the land price, which is a full 80 miles, which is equivalent to more than 200 square meters."
Rice is just used to raise cattle. A country with a vast land and a sparse population is indeed quite luxurious."
Su Yehao walked with his head down to avoid accidentally stepping on cow dung. Although this stuff is not that smelly, it would still be disgusting if he stepped on it.
Everywhere you look, there is lush greenery.
Even if you don't make money by raising cattle, it would be great to live on private property.
The topic changed and he continued to say to Nong Qingying:
"The white-tailed deer in my yard, I need someone to transport them here tomorrow. If I keep them at home with no natural predators, they will breed four fawns, which will easily damage the lawn. Also, find someone to apply for a permit to knock down the old house and rebuild it."
How about a house?”
"Well, I also have this idea. The previous house was built in the 1960s and had only four rooms. It would be a pity not to build a good house on such a large piece of land. The pasture is a gift to your children. Next, spend
I will take care of the money myself, otherwise I will give birth here when the time comes, the environment is very suitable for raising children."
After Nong Qingying finished speaking, he waved his hands to indicate that he was tired, and got directly into the car following him.
There are wolves in this ranch, and the bodyguards don't dare to take it lightly.
When Su Yehao heard this, he immediately retorted:
"Although the environment is good, the medical conditions are not good. It takes an hour to drive to San Francisco from here. What if something happens. It's okay if you come here for vacation occasionally. At worst, you can open a hotel here through Aman and save money on building a house."
, Land in the United States is cheap, but labor and materials are extremely expensive.”
"Humph, what's the difference between me here and in Hong Kong City? You don't even have time to come and see me anyway."
"."
Thinking that this was the source of the problem, Su Yehao replied with a wry smile: "You can't help yourself when you are in the world. You will have a child with you soon. The little guy is much cuter than me."