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Chapter 353: Private placement to public placement

South China City, Luohu Port.

More than a dozen Hong Kong brand black cars stopped at the pass one after another.

After some inspections by the staff and checking the mainland passes, the group finally successfully passed the customs and entered the border of South China.

The leading young man, wearing an elegant suit and a pair of light-colored sunglasses, strode at the front, followed by a dozen people, attracting many people who were preparing to pass the border to look sideways.

Unlike the others who were looking around happily, there was still a little gloom on his face.

"Mr. Chen, I'm sorry, it's over, we have to move forward..."

Lin Hai, who had gained some weight in recent years, was holding a briefcase and following the young man to console him.

"Hey, I still can't accept that Guorong would choose to commit suicide..."

The young man let out a sigh of relief.

This person is none other than Chen Jie, who has just returned to the mainland from Xiangjiang.

Recently, he has been staying in Hong Kong. In addition to being busy with private equity matters, he also attended Leslie Cheung's first anniversary memorial service.

He has many friends in the Hong Kong entertainment industry.

During Guorong's lifetime, the two had a fairly good personal relationship.

However, when the other party held his funeral, he was on business in the United States and had no time to come back, so attending the memorial service this time could be regarded as a testimony to their friendship.

After exiting the pass, the group went straight to a street not far away.

There was a bus with the Infinity Company logo printed on it, and I had been waiting for it for a long time.

As early as last year, Infinite Private Equity had submitted application materials to the market and financial regulatory authorities to establish a securities company and a public offering fund company.

The Hong Kong Monetary Authority sent personnel to conduct a comprehensive assessment of the scale, manpower, hardware and other aspects of Infinite Private Equity.

Coupled with their good financial status and social credibility.

It is confirmed that Infinite Private Equity has met the conditions for "private to public transfer".

Their application has been approved and all the procedures are being completed.

This means that Infinite Private Equity is about to undergo restructuring and transform from a private equity fund to a public equity fund, taking a more solid step towards the financial market.

Compared with private equity, public equity can be publicly promoted, which can help expand the company's influence and enhance its brand, attract more funds, and have wider fundraising channels.

On the other hand, public funds can introduce more long-term funds for investment, including social security funds, pensions, insurance funds, etc., which can have a longer capital use cycle to achieve investment returns, which is conducive to the improvement of management scale.

After years of development, Xiangjiang Central's Infinite Private Equity has nearly a hundred top traders, and each of them manages dozens of traders with varying levels of skill.

Chen Weidong and others are very satisfied with Feng Yiwen's performance in recent years.

Under his management, various systems of Infinite Private Equity have become more and more perfect, and many new people have been trained. The company's rate of return has ranked first in the private equity rankings in Xiangjiang for six consecutive years, which is astounding to those in the industry.

After the return of Xiangjiang.

Economic and trade exchanges between the two sides have become more frequent.

Especially after joining the WTO, Xiangjiang has become a very important trade transfer station, and the port's cargo throughput has increased significantly every year.

Because it relies on the motherland and faces the world.

The Hang Seng Index has grown steadily in recent years. At the beginning of this year, it has successfully exceeded the 20,000-point mark, and the financial market is booming.

As for Infinite Private Equity, during the 1998 financial crisis, it purchased more than 100 billion Hong Kong listed companies' stocks in order to rescue the market, and its value has now increased to more than 200 billion Hong Kong dollars, close to 300 billion.

Plus the surplus of more than 70 billion in funds on hand.

Looking at the whole of Xiangjiang, I am afraid that only the four major families can compare with it.

Because of the company's dividend system.

The first traders to join Infinite Private Equity have all achieved financial freedom. Each of them has a minimum net worth of more than HK$500 million. They are among the "proud ones" often discussed in the Hong Kong media.

But most of them are locals from Xiangjiang.

After Chen Jie explained the company's restructuring, most people still chose to stay in Xiangjiang.

They have lived in Xiangjiang for decades, and many of them are close to fifty years old. Their thinking ability and reaction speed are not as good as before, so they have begun to think about retirement and don't want to worry too much anymore.

There are only a dozen relatively young traders who don't mind going to the mainland to seek better development.

August 2004.

As the weather gets hotter.

SARS, a white terror, disappeared without a trace.

Only a few people knew that it could disappear so quickly, and that Infinite Company's biological laboratory had made a major contribution to it.

Professor Kruger and other researchers have completely analyzed the ingredients of "SARS"....

End of month.

Infinite Securities was established with a registered capital of RMB 10 billion.

Lin Hai, serves as general manager.

At the same time, Infinite Private Equity officially converted to public equity, connected with securities companies, and began to issue public funds to the society, with a minimum purchase amount of 100 yuan.

As soon as this news came out, it immediately caused a huge response on the Internet.

Many people have long been envious of Infinite Private Equity's performance, but before that, they were private equity companies and their products were not publicly released, leaving ordinary people with no chance to get in touch with them.

The majority of people in this society are poor, and the investment threshold for private equity funds is too high, with many starting from one million.

Ordinary people don't have so much spare money.

But saving and managing money are things that Chinese people work tirelessly and like to do most.

If they want to increase the value of the little money they have, they can only do so through stock trading, depositing it in a bank, or purchasing insurance or financial products from securities companies.

However, the risks of the stock market and those financial management products are usually very high, and if you deposit them in a bank, the returns are too low.

Ordinary people do not have a comprehensive understanding of financial knowledge, and it is difficult to find a balance point.

Therefore, almost everyone has heard that the xxx around them suffered huge losses because of buying stocks and funds, causing a lot of chaos in their families, quarrels between husband and wife, and even fights.

This chapter is not finished yet, please click on the next page to continue reading the exciting content! Public funds are mainly divided into four categories: currency funds, bond funds, stock funds and hybrid funds.

Infinite Securities underwrote two products this time, namely a currency fund and a hybrid fund.

Anyone can make purchases on the Internet through the company website at the securities business department in South China City, or after opening online banking.

What all practitioners did not expect is that.

Less than three days after its launch, this monetary fund triggered a rush to buy, with the scale directly exceeding 30 billion!

And every hour, it is still increasing at a rate of hundreds of millions!

There are only a few Infinite Securities in South China, and the business department entrances are overcrowded.

In addition to Infinite Private Equity's reputation in the past, it is able to create such a sensational effect, mainly because of its seven-day annualized rate of return, which has reached an astonishing 10.74%!

Equivalent to buying 10,000 yuan, you can earn nearly 2.9 yuan a day, while the bank's demand deposit interest rate during the same period is 0.3%.

After all, the monetary fund raised by Infinite Public Fund is more than 30 times higher than that!

The income generated in one day is enough for an ordinary person to eat a meal.

You must know that in 2004, during this period, prices in many places across the country were still at relatively low levels.

A pound of pork costs just over four yuan, and in some places, you can even buy five buns for one yuan, which can fill you up!

As a result, it is not surprising that panic buying has occurred.

at the same time.

Some careful people discovered that the manager of another mixed fund turned out to be Chen Jie!

This news caused quite an earthquake in the financial world.

As the general manager of the group, Chen Jie serves as one of the fund managers. This is rare in the industry, but it complies with the procedures.

Regarding company executives serving as fund managers, some people in the industry said that executives who have been dealing with investments for a long time are relatively easy to maintain sensitivity and forward-lookingness to the market, and are better able to actively grasp and follow the innovative direction of the market.

However, some people said that for company executives to concurrently serve as fund managers is a great test of personal energy and ability, especially as the company grows larger and larger, it is difficult to take care of both.

However, Chen Jie's past "record" has still made many people unswervingly buy the hybrid fund he manages, and believe that the return rate will definitely not be lower than the 10% of buying a money fund.

As we enter the 21st century, personal computers are also rapidly becoming popular.

The first computer for many Chinese young people is no longer an overseas brand such as IBM, Dell, or HP, but a "Tianji" from Infinite Company.

The price of a complete machine of more than 2,000 yuan has forced many "domestic companies" that rely on assembly and OEM to almost go bankrupt.

According to statistics from the Internet Department, the number of Chinese Internet users is growing rapidly at a rate of more than 30% per year.

It is expected to exceed 100 million by the end of the year!

Qiandu Tieba has become the largest community on the Internet in China.

Among them, quite a few people are fans of Chen Jie.

Especially mostly young people.
Chapter completed!
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