The second thing is to inspect each company, and there is another more important thing.
He called the person in charge of the North American branch of 5S Asset Management and personally introduced to him in detail the decision to launch a new guaranteed financial product.
In the short term.
Su Yehao will raise a total of approximately US$8 billion in funds at an annual compound interest rate of 5% to 6%, using Gangcheng Microelectronics Group shares, Google shares, etc. as guarantees, allowing investors to spend money with confidence.
The part that he may profit from is concentrated on income dividends.
The portion exceeding the agreed interest will be divided into three levels: 15%, 25%, and 35%. If you choose different share ratios, the guaranteed rate of return will also be different.
For example, if a customer chooses a 15% income distribution ratio, the guaranteed interest rate may be about 5.5%. If a customer chooses a 25% level, the guaranteed interest rate may be only 5.2%.
This financial product will only be available to large private companies, listed companies, multinational groups, etc., and will not be circulated in the market.
While focusing on safety, Su Yehao seems to be leaving the initiative in the hands of his customers, but in fact he only cares about the remaining additional income.
The reason why we are eager to raise money from outside is because a wealth feast has quietly appeared.
There has been recent news from the Mainland that financial industries such as banking, insurance, and securities firms are likely to see big changes in the short term.
In this era.
Many think tanks believe that instead of rushing to fulfill the conditions originally agreed to join the WTO in the next few years, that is, gradually relaxing the restrictions on foreign banks entering the mainland financial market five years after joining the WTO, it is better to sell part of the equity first and start a small-scale
to adapt to the early entry of foreign banks.
Some people hope that through joint-stock reform, conditions will be created to allow mainland bank stocks that meet the requirements to be listed and circulated, thereby promoting the development of the banking industry.
At the same time, we also want to learn from the advanced management experience of foreign banks, increase the recognition of the mainland financial industry in overseas capital markets, speed up the pace of overseas financing and listing, and stimulate the economic development of the mainland by saving the banking industry.
This is an opportunity involving trillions of profits.
Su Yehao does not think there is a problem with external financing, but he is very aware that the value of many assets is now far undervalued.
When talking about the difficulties of the mainland banking industry, we must mention the corporate reforms in the 1990s.
A bunch of companies relied on finances to support themselves and lived comfortably every day.
Later, I started to take responsibility for my own profits and losses, and I immediately fell into trouble. I borrowed money from banks one by one desperately to survive. After finishing my finances, I went to the bank, but because my financial foundation was so poor, I really couldn't pay back the money.
As a result, various banks were dragged down.
The bad debt rate is getting higher and higher, and there is no hope of recovery. This made banks almost bankrupt a few years ago and was forced to divest trillions of bad debts.
By June of 2004, several major banks had thrown away the burden of bad debts and began to operate lightly. However, they also faced some problems, such as shortage of funds, lack of trust from international investors, and relatively backward management systems.
Under such circumstances, foreign capital becomes the catfish in the barrel and has the opportunity to stimulate the sardines in the barrel, that is, the banks to actively improve. Some experts even say that only if the banks survive can the mainland economy survive.
5S Asset Management can indeed raise some funds from the mainland market, but those funds will not have the effect of connecting the domestic and international markets. Even if it can get some shares by then, the scale is destined to be limited and it will not make much waves.
Su Yehao can also pledge the loan himself, so it is not a big problem to squeeze in a few billion dollars.
But this financing is based on the consideration of introducing advanced management experience. He personally does not meet the requirements. If he uses the banner to lure a group of Fortune 500 companies, the meaning will be different.
In order to improve his own competitive advantage, Su Yehao came up with the idea of tying up a group of multinational groups and overseas listed companies. At that time, he will do his best to seize more opportunities in the banking industry financing process in the name of 5S Asset Management North America Branch.
Multiple shares.
It is certain that we can bring this group of customers to make a fortune.
At least there will be a big piece of cake that will fall into Su Yehao's own pocket, so that everything will not be taken away in vain.
Using other people's capital to make money for yourself is obviously a waste of money.
Risk-free products backed by other assets will undoubtedly be particularly popular once they are put on the market.
Su Yehao found the person in charge of the North American branch of 5S Asset Management and emphasized that it was necessary to set thresholds when selecting customers. It is best to give priority to financial companies that are among the world's top 500 companies.
Considering that all four major banks have maintained cooperative relationships with him and are also shareholders of 5S International Financial Investment Bank, there are definitely advantages.
When he first established the 5S International Financial Investment Bank, Su Yehao made a fool of himself and named the four major banks and several other financial companies.
Others only thought that he wanted to increase his influence. In fact, Su Yehao had already considered that there might be a need to raise capital and become a shareholder of the four major banks.
There is nothing much to say about the product itself. With Su Yehao’s golden name, there is no need to worry about no customers being interested.
At the end of this month, Ping An Group, which is mainly engaged in the insurance business, will be the first to list on the Hong Kong Stock Exchange and is expected to raise a total of 13 billion Hong Kong dollars.
The total subscription amount has exceeded several times, and a smooth listing will not be a problem. The issue price is tentatively set at around 11 Hong Kong dollars per share.
The mainland branch of 5S Asset Management has purchased shares of Ping An Group and currently holds approximately 6% of the original shares. It will face a three-year lock-up period after listing.
Including the shares held by the mainland branch of 5S Asset Management, after the listing of Ping An Group, the proportion of H shares and foreign capital is expected to be as high as 42%. Obviously, someone has taken advantage of it again.
Especially for HSBC, when it financed Ping An Group in 2002, the purchase price was relatively cheap. It spent US$600 million to acquire 10% of the shares, and has successively increased its holdings since then.
Su Yehao can't say yet what the short-term trend will be after listing, but in the long run, Ping An Group is still worth investing in.
A group of small and medium-sized banks in the mainland are going public one after another, and the four major banks are expected to do so soon.
Multinational groups including HSBC, Standard Chartered, Citigroup, Temasek, etc. are particularly active in snapping up mainland financial and insurance industry assets. When they have enough money, Su Yehao feels it is necessary to buy back part of it as soon as possible...
Vera let his pigeon go, and Su Yehao didn't make much sense staying in Silicon Valley.
It is often possible to communicate and discuss things in person over the phone. If this is not possible, you can also use video conferencing software.
Now Yanmoji Group's online video technology is much more mature than the first-generation beta version, and has been integrated into ICQ and TVT chat software.
In order to adapt to the social environment in Europe and America, social interaction and work are separated.
The product director of Yanwen Group also independently planned a video conferencing product specifically for offices, which is probably similar to DingTalk that Su Yehao is familiar with, integrating text messaging and voice call functions.
The original one-week schedule was shortened to four days, so Su Yehao took Zhao Yimeng, who was on the plane, back to the casino overnight.
He said he didn't dare to provoke him.
On the way back, Zhao Yimeng was so angry that he stretched out his hand to pinch Su Yehao, but was grabbed by Su Yehao.
The two of them just broke away and refused to let go. They barely held hands in disguise for several minutes, which looked quite childish.
Su Yehao is an old man and doesn't think anything of it.
Miss Zhao's heart felt like a deer bumping around because her palms were sweating too much. In the end, she was disliked by Su Yehao and asked her seriously if she had kidney deficiency...