After completing the liquidation for profit-taking and recalling funds, Su Yi left the Jinrong Street Fuxing Road branch.
He sent a message in the company's internal group, inviting everyone to a weekend dinner and to further discuss the company's opening on next Monday, December 21st.
Under his organization, the entire new team of Huayi Capital Company made its debut in a five-star hotel ballroom on Saturday.
After more than two months of preparation, the company now has 62 employees.
The Fund Investment Department, Fund Product Operations Department, Administrative Department, Finance Department, Human Resources Department, Network Technology Department... all departments are complete.
Furthermore, Su Yi recruited all department heads through headhunting firms, paying high prices to poach them from major companies in the industry, as well as elite management backbone members from Fortune 500 companies.
Each person possesses very mature work experience.
Of course, for the most core fund trading team, not only did Su Yi personally interview and assess every member of the team, but he also gave each trader a one-month live trading assessment period.
He personally oversaw all live trading records and assessment funds.
It can be said that there are practically no incompetent individuals.
Moreover, this was a major reason why he repeatedly postponed the company's opening date.
In his entrepreneurial philosophy, team and talent have always been the core of the core in the company's future development.
As the company was just established, he dared not show any slack or carelessness in this area.
"Manager Wang, how is the integration with Dongfang Wealth Group's 'Fund Network' progressing on your end?"
During the dinner, Su Yi asked Wang Huaijin, the company's Fund Product Operations Manager.
"Also, has the integration work with the Jinrong Street Fuxing Road branch been completed?"
Wang Huaijin replied,
"All integrations are complete. As for promotion, 'Dongfang Wealth Fund Network' is already working on it. Barring any surprises, this weekend, the news about our company's 'Huayi Expedition No. 1' fund product going on sale on 'Dongfang Wealth Fund Network' will fully spread. And since this promotion is not issued by our company, it should not violate private fund management regulations."
"What about the subscription channel and back-end monitoring? Is everything running smoothly?"
Su Yi continued to ask.
Wang Huaijin nodded and continued,
"At the branch office, General Manager Fu is personally overseeing our work. All matters related to fund subscriptions have been arranged properly long ago."
"What about network technology?"
Su Yi's gaze turned to Yan Bing, the head of the company's Network Technology Department.
Yan Bing replied,
"General Manager Su, the network debugging has been completed, and there are no issues."
"How are the arrangements for staff reception?"
Su Yi's gaze once again turned to Yang Jie, the head of the company's Administrative Department.
Yang Jie responded,
"Everything has been arranged properly. Regarding the offline subscription contracts you mentioned earlier, General Manager Su, I have also drafted and printed them with the law firm that cooperates with our company. Moreover, next Monday, Lawyer Du will be on-site. If any offline investors have questions, Lawyer Du can answer them on the spot."
"Good,"
Su Yi said.
"Thank you for your hard work, Manager Yang."
"How has the company's recruitment been recently?"
Su Yi paused for a moment, then asked Luo Tonghui, the company's Human Resources Manager, about the talent recruitment situation.
Luo Tonghui adjusted his glasses and said,
"Everything is going well. The authority Su Yi granted is quite high, and our company's benefits are generally 30% higher than similar companies in the industry. Many people are willing to join our company. Currently, for an average position, I can screen over 50 resumes a day, many of which are recent graduates from prestigious universities this year."
Su Yi nodded slightly and said,
"For many outstanding fresh graduates, we can be appropriately lenient during the interview process."
"Understood,"
Luo Tonghui replied.
"However, for trader recruitment, it should still be strict, right?"
"That's natural,"
Su Yi said.
"For recruitment in this area, if they meet the qualifications, you can directly refer them to me, and I will conduct the interviews and assessments personally. Oh... and Manager Luo, the company's management structure, departmental functions, and corresponding institutional planning still need further refinement. In the future, our company must not only focus on 'private fund' product business but also build reserves in the direction of primary market private equity investment."
"Understood,"
Luo Tonghui replied.
With Su Yi's continuous inquiries and corresponding work arrangements, all matters before the company's opening were completely prepared.
As the saying goes, "All is ready except for the east wind."
Currently, Huayi Capital's ship is just awaiting the successful issuance of the 'Huayi Expedition No. 1' fund product, that crucial "east wind," before it can set sail.
And with the promotional capabilities of 'Dongfang Wealth Fund Network,' just as everyone expected... throughout the weekend, the news about the 'Huayi Expedition No. 1' fund product, managed by Su Yi, being issued next Monday, December 21st, completely ignited the Magic City financial circle, and even the national financial circle and the fund investment community.
It successfully attracted spontaneous media reports and became a trending topic on major stock investment discussion platforms.
Amidst the ongoing spread of related news, many big bosses in the business sector across Magic City quickly raised funds, eagerly anticipating the issuance of this 'Huayi Expedition No. 1' fund product.
"I heard that the speculative funds from the trading seat at Jinrong Street Fuxing Road are going to issue private fund products."
Almost identical phrases and related topics swept across every corner where stock investor groups gathered online throughout the weekend.
"Holy crap, Jinrong Street Fuxing Road is issuing private fund products? People are going to be scrambling for it!"
"Dongfang Wealth Fund Network has already put out pre-subscription advertisements. Online subscriptions will be available through the website portal starting at 9 AM next Monday, with a minimum subscription threshold of 1 million."
"Is it a closed-end private fund?"
"It seems that after subscription, the lock-up period is at least one year, meaning redemption rights will only be available after at least one year."
"That's nothing strange. Currently, most private fund products generally have a one-year lock-up period."
"I never thought a big shot like Jinrong Street Fuxing Road would issue private fund products?"
"It's not surprising, is it? Issuing a fund is quite good; this way... at least everyone can get a share from the growth of the fund's net value."
"Haha, I feel that the fund product issued by this big shot will definitely explode in scale."
"Many funds that were previously in 'Zexi funds' products, after a large-scale withdrawal, will probably subscribe to this fund product, right?"
"It seems the Magic City financial circle is about to change."
"Why wait for the future? The Grand Helmsman went in, 'Jinrong Street Fuxing Road' rose, and the times... have long since changed."
"'Jinrong Street Fuxing Road' is truly amazing. I heard this big shot went from zero to a net worth of several billion in just about half a year."
"Impossible, right? 'Jinrong Street Fuxing Road' has been appearing on the market's top performers list for ten years now."
"Regardless, this fund product must be subscribed to!"
"Damn it, just for the golden reputation of 'Jinrong Street Fuxing Road', I'll subscribe even if I have to sell everything I own! I feel that the 'Huayi Expedition No. 1' fund product will become the new 'Zexi funds' in the future, and it's highly likely to surpass the performance of 'Zexi funds' products."
"I have that feeling too."
With the heated discussions across the entire network and the attention of countless investor groups, as the weekend progressed... the number of investors reserving subscriptions for the 'Huayi Expedition No. 1' fund product on the Dongfang Wealth Fund website began to surge dramatically.
From 5,000 to 10,000, it only took 2 hours.
From 10,000 to 50,000, less than 24 hours.
From 50,000 to 100,000 reservation subscriptions, it took less than 36 hours.
Watching the number of online reservation subscriptions surpass 100,000, on the evening of December 20th, Su Yi stood on his balcony, gazing out at the Huangpu River bathed in the setting sun, the brilliant and bustling Golden Bend, and the towering buildings of the still prosperous financial district in the distance.
He was filled with much anticipation for the arrival of this day.
At the same time, a good deal of nervousness also surged in his heart.
"Hey, Brother Su, can your 'Huayi Expedition No. 1' fund product, which you're managing and issuing, be subscribed to offline?"
While Su Yi was deep in thought, his phone rang.
Xu Qiao called him and asked,
"Can you help me lock in an allocation of ten million? Looking at your online subscription reservations, I probably won't be able to get in with my hand speed on Monday."
"Yes, no problem,"
Su Yi said with a smile.
"I look forward to Brother Xu's arrival at the company on Monday."
Xu Qiao chuckled,
"Haha, no problem."
After speaking, Xu Qiao hung up the phone.
Subsequently, within the 'Magic City Ultra-Short Group' main speculative capital group where Su Yi was, Old Zhang, Old Wu, Brother Chen, and other influential speculative funds in the group all began to @ Su Yi, expressing their hope that Su Yi could lock in some shares for them to participate in the offline subscription.
Su Yi naturally accepted everyone's support, agreeing to all requests.
Of course, it wasn't just the speculative funds he usually coordinated with in the market.
Some business owners he had interacted with in real life, such as Lin Minghui, Fang Xingyuan, Deng Youwei, Qiu Guoyu, Lu Houde, and others, also called him, asking him to reserve corresponding fund shares so they could subscribe offline tomorrow.
Upon receiving calls from these bosses, Su Yi immediately called Wang Huaijin, the head of the Fund Product Operations Department, asking him to lock in a scale of at least 5 billion for offline investor subscriptions before the official fund subscription began tomorrow.
After arranging these matters... soon, the next day, December 21st, arrived.
Huayi Capital Company, meticulously prepared by Su Yi, celebrated its opening day.
Simultaneously, the company's registered 'Huayi Expedition No. 1' fund product also saw its official issuance day.
At 8 AM, Su Yi arrived at the company.
By the time he arrived, all other company staff were already in position.
Starting around 8:15 AM, clients gradually began to arrive at the company, either to subscribe to the fund product or to congratulate Su Yi on the opening of his Huayi Capital company.
As more and more people arrived, by 8:45 AM, the company's lounge and reception rooms were already somewhat crowded.
"Haha, Brother Su, congratulations!"
Lin Minghui burst into laughter as soon as he entered, offering his congratulations.
Behind Lin Minghui, Lei Kaishan, Lu Houde, Deng Youwei, and others, each held a gift box, smiles on their faces.
Su Yi received them one by one, a wide smile also spreading across his face.
At 8:47 AM, Xu Qiao, Old Zhang, Old Wu, Brother Chen, and other main speculative funds from the 'Magic City Ultra-Short Group' came to show their support.
Around 8:50 AM, Fang Xingyuan and Qiu Guoyu arrived, bringing gifts.
Nearing 9 AM, Kang Dongliang, the Chairman's Secretary of Jincheng Holdings Group, arrived.
At the same time, General Manager of Huaxin Securities Magic City Branch, General Manager Shan of Dongfang Wealth Group, General Manager Guo of Huaxi Capital... and other prominent figures from the Magic City financial circle also personally came to offer congratulations.
With the arrival of more and more business magnates, at 9 AM, the 'Huayi Expedition No. 1' fund product officially went on sale.
As the subscription channel opened, the fund's sales volume broke through 100 million in just one minute.
In 10 minutes, the fund's sales volume surpassed 1 billion.
In about an hour, the fund's sales volume reached 5 billion.
In about three hours, the fund's sales volume exceeded 10 billion, and the number of investors reached 50,000.
While the online subscription volume surged and the number of investors rapidly soared, the offline subscription channel also saw a violent breakthrough in its subscription volume.
Fang Xingyuan subscribed for 800 million in his personal investment capacity.
'Dongfang Wealth' and 'Huaxin Securities Jinrong Street Fuxing Road Branch' each invested 300 million as institutional investors.
Lu Houde subscribed for 500 million in the company's name.
Qiu Guoyu invested 150 million in his personal capacity.
Lin Minghui heavily invested 100 million personally.
Lei Kaishan and Deng Youwei each invested 50 million.
Additionally, many other individuals such as Xu Qiao, Old Zhang, Old Wu, Brother Chen, and Qin Song from 'Jincheng Holdings', each invested over 10 million.
With simultaneous online and offline subscriptions... ultimately, before 3 PM, the entire fund's maximum issuance scale of 20 billion was completely exhausted.
Even the 1 billion fund shares Su Yi had reserved for himself to stabilize the confidence of 'Huayi Expedition No. 1' fund product investors had to be reluctantly released and given to the swarming business owners.
At 5 PM, after the fund subscription channel closed and all fund shares were emptied, and after countless bosses who came to congratulate and snap up offline fund shares had left, all employees of Huayi Capital Company, including Su Yi, looked at the utterly depleted fund shares and the perfect issuance, which made it the first private fund of 10 billion scale to sell out on the first day in the industry in the second half of the year, according to the main control computer backend data.
Despite the day's fatigue and extreme physical exhaustion, the expressions on their faces and the emotions in their hearts were uncontrollably excited.
Everyone, including Su Yi, couldn't believe it.
A fund of 20 billion in scale was entirely issued and sold out in just a few hours.
After all, such fund sales performance, even many large and well-known institutions in the industry that have been established for many years, could not achieve.
It can be said that this was a miracle in the fund industry.
It was the most inspiring 'good start' for their Huayi Capital company.
(End of Chapter)