However, to participate in international foreign exchange market trading, utilize the upcoming "Brexit Referendum" black swan event, harvest global capital, obtain extreme profits, and achieve a more substantial capital accumulation, he still had a lot of preparatory work to do.
Firstly, he had to ensure his funds were compliant and legally offshore before he could invest.
Secondly, to establish a large position and capitalize on the "Brexit Referendum" black swan event, it definitely wouldn't work with him operating alone; he needed a trustworthy trading team.
Furthermore, the trading location for this overseas investment had to be in a place where capital could flow freely.
Considering these points...
Su Yi deliberated extensively and decided to register an offshore branch of "Huayi Capital" in Hong Kong, and temporarily transfer a trading team from the company there.
"Mr. Su, you mean... our company is going to establish a branch in Hong Kong?"
During the internal company leadership meeting after Su Yi's decision, Wang Huaijin, manager of the company's operations department, asked with obvious surprise.
The other company department heads were also quite surprised by this.
After all, the company had only been established for less than half a year, and all its operations, as well as company management and personnel integration, had just begun to normalize.
To open a branch office now was somewhat unexpected for everyone, but... since the boss had decided, naturally no one would object.
Because the company's scale was expanding, and its business was developing better and better.
It would definitely benefit everyone.
"Yes,"
Su Yi looked at everyone and said with a smile,
"Currently, our company's domestic business is relatively stable, and the operation of our fund products has also normalized, receiving recognition from many investors. At the same time, the performance of our company's flagship fund products also achieved very impressive results in the first quarter.
According to the research and analysis by me and Trading Manager Qu. The current domestic A-share market, during the intense bull-bear transition period, will not see a new bull market emerge in the medium to short term, and relative investment opportunities are still relatively limited.
Furthermore, given our company's current staffing and talent reserves, it is also not suitable at this time to continue developing new fund products. Because everyone knows that, as a private equity firm, our core business should still be primarily focused on the performance of the fund products we issue, rather than blindly pursuing scale.
Even though, at this stage, there are many investors in the market who trust us. If we were to truly launch new fund products, many trusting investors would also subscribe to our fund shares.
However, given that our team still needs more experience, our trading models and investment strategies still require further market validation, and the future market conditions are not necessarily optimistic,
we must first be responsible to our existing trusting investors. Focusing all our efforts on the present, improving the performance of this flagship fund product, and establishing a strong industry reputation for our institution are the most important things.
In short... The asset management business in the domestic A-share market should not progress too quickly at the moment, and opportunities are few. On the contrary, in the international financial markets, there are many opportunities right now. Therefore, I have decided to change my approach and explore investment opportunities in the international financial markets."
"Mr. Su, no one certainly has any objection to opening a branch office,"
Wang Huaijin continued,
"but how the branch's business will be conducted, whether new fund products need to be raised, as well as matters regarding personnel, venue, relevant business approvals, and so on—how they will be arranged, everyone might still be quite unsure about."
Su Yi smiled faintly and said,
"Manager Wang, didn't you graduate from Hong Kong National University? You should be quite familiar with the situation in Hong Kong, right? Currently, there shouldn't be any major issues with the company's product operations. How would you feel about taking charge of the overall preparations for the Hong Kong branch?"
Seeing that no one in the entire management team volunteered, Su Yi personally appointed someone.
Wang Huaijin thought for a moment and replied,
"Since Mr. Su has appointed me, I must certainly take on this responsibility."
"Good,"
Su Yi nodded slightly.
"From today onwards, you will be the General Manager of the Hong Kong branch. The Company Product Operations Manager position will be handed over to Ge Hongliang."
As he spoke, Su Yi's gaze turned to Ge Hongliang, who was sitting upright beside Wang Huaijin.
Previously, Ge Hongliang was a business project team leader under Wang Huaijin.
After several months of observation, Su Yi found that Ge Hongliang was quite capable in terms of business ability, and he managed the company's investor client base very well.
He was very suitable for the position of Company Product Operations Manager.
He needed Wang Huaijin to help him develop the branch's business, so promoting Ge Hongliang naturally was the most appropriate course of action.
Ge Hongliang had not expected at all that he would be promoted just like that.
He was stunned for a moment before realizing what had happened, and quickly said,
"Thank you, Mr. Su, for your trust. I will definitely work hard in the future and not let down your trust."
Su Yi smiled and emphasized,
"It's not about letting down my trust, it's about not letting down the company's trust."
"Mr. Su, regarding the main investment direction of the branch's business... which field do you plan to get involved in?"
Trading Manager Qu Zecai asked.
"The international financial market is more perilous than the domestic market. No matter which field, as long as we develop our business in this direction, I'm afraid with our company's current influence, and the level of trust investors have in our company, it would be quite difficult for us to raise funds for overseas markets; after all, domestic investors still have considerable fear regarding investments in overseas markets."
"This time, we don't need to raise funds,"
Su Yi said, a sharp glint in his eyes.
"No need to raise funds?"
Qu Zecai was clearly taken aback, not reacting immediately.
Su Yi continued,
"After the Hong Kong branch is established, I will inject 5 billion in cash into the company as an interest-free long-term loan. This 5 billion in cash will serve as the company's proprietary fund product for investment in the international financial market.
Once we achieve performance with this proprietary fund product, and gain the trust of numerous domestic and even international investors, then developing new international investment businesses will also be feasible."
"Mr. Su investing with his own capital?"
Qu Zecai was utterly shocked.
He had never expected Su Yi to have such immense courage, daring to enter the extremely perilous international financial market with a massive 5 billion of his own capital.
The other department managers, as well as Wang Huaijin, were equally shocked when they heard Su Yi's words.
Their hearts were also greatly shaken.
"Mr. Su, doing this... isn't necessary, is it?"
Wang Huaijin reminded him.
"The risk is too high if you do this."
Although they knew Su Yi was a trading genius in the financial market, and how he had accumulated such massive capital in a short period, what Su Yi was about to heavily invest in was the extremely perilous international financial market.
According to the experience of Wang Huaijin and Qu Zecai, who had been in the financial industry for many years, domestic investment companies that ventured into international financial market investments had not, for many years, managed to make a name for themselves or achieve outstanding investment performance.
"I have already decided this, so there's no need to try and dissuade me,"
Su Yi said.
Seeing that Su Yi's mind was made up, and that even before the branch was established, the 5 billion proprietary investment fund was already in place, Wang Huaijin felt countless expectations rise at once for his own future development in Hong Kong.
He was born in Shenzhen and graduated from Hong Kong National University.
Although he had spent many years in Shanghai, he still had many connections in Hong Kong, as well as relatives and classmates.
Therefore, Su Yi chose him to lead the preparations for the Hong Kong branch and to serve as its General Manager in the future.
"Manager Wang, Manager Yang, Manager Luo..."
Su Yi glanced at the company's department heads, including the finance manager, administrative manager, and HR manager, and instructed,
"If Manager Wang needs anything later, please cooperate fully. Provide funds if needed, provide personnel if needed. I currently have only one request: the Hong Kong branch must be fully prepared within one month."
"Understood,"
everyone quickly nodded in response.
These people were all industry elites that Su Yi had poached from large companies at a high price.
Although the preparation time Su Yi requested for the branch was very short, this would not stump them.
Moreover... everyone knew that Su Yi's personal capital was exceptionally abundant.
In this world, as long as enough money is provided, 99.99% of problems can be perfectly solved.
"Oh, right, regarding the arrangement of the trading team,"
Su Yi said after finishing the arrangements for the Hong Kong branch preparations, and his gaze turned to Qu Zecai.
"Old Qu, as we are new to the international financial market, I'm afraid I will still need your assistance. Currently, the investment strategy and trading strategy for the company's 'Huayi Expedition No. 1 Fund Product' are basically fixed. In the medium to short term, there's no need for major position adjustments, and everyone primarily engages in intraday trading. It should be said that the trading tasks are not heavy.
I plan to divide the current company trading team into two groups. One group will remain with the company and continue to be responsible for the trading of the 'Huayi Expedition No. 1 Fund Product.' The other group will be transferred to the upcoming Hong Kong branch to be responsible for international financial market trading. What do you think?"
Qu Zecai replied,
"Given that our company is not currently issuing new fund products, and not rashly changing strategic thinking and trading models, this approach is feasible."
"Alright,"
Su Yi said.
"For the trading group remaining at the company, let Zeng Anping be in charge. What do you think?"
Qu Zecai nodded and said,
"I think that's fine. Xiao Zeng previously had ample experience leading a team, and also managed a considerably sized fund product at 'E Fund'. There should be no problem with him being in charge of trading matters."
"Good,"
Su Yi said.
"So it's decided. As for who specifically stays, you can ask for the opinions of the team members then. Based on the principle of mutual respect, let them choose for themselves. For those willing to work on long-term business trips in Hong Kong, Manager Luo, please have someone formulate a clear subsidy system for corresponding subsidized compensation and performance bonuses, as well as relocation allowances, housing subsidies, and the like, to stimulate everyone's enthusiasm."
"Understood,"
Luo Tonghui nodded in response.
Su Yi continued to think, and seeing that there was nothing more to add, he then adjourned the meeting.
In the days that followed...
While accompanying his mother, Su Yi was also intensively preparing for the Hong Kong branch.
At the same time, after the offshore branch in Hong Kong was successfully registered, he immediately did as he had said previously.
Using his personal funds, under the guise of an interest-free loan to the company, through "Huayi Capital" company, he injected 5 billion in dedicated proprietary investment funds into "Huayi Capital Hong Kong Branch."
After injecting 5 billion into the Hong Kong branch,
the cash he personally held, due to spending nearly 900 million on acquiring chips in the "Jingcheng Holdings" investment project and acquiring a 10% stake, now only had about 400 million in cash remaining.
However, given his current personal living situation and the company's development status,
400 million in cash was also sufficient to support the company's operating expenses for at least a year, as well as his own and his family's expenses.
In other words, even if the 5 billion he invested in the international financial market through the "Hong Kong Branch Proprietary Fund Product" was lost entirely, it would not affect the foundation of his currently established career.
After all, as long as the company has been operating for one year,
the company could collect a 4% management fee from the "Huayi Expedition No. 1" fund product, which operates on a closed-end basis, and receive over 50% of the excess profit share from the fund product's annual earnings.
And with a fund size of 20 billion, without calculating the excess profit share,
the company could still collect at least 800 million in management fees.
In other words... without developing new fund products, solely relying on the annual management fee from the "Huayi Expedition No. 1" fund product, the company could survive quite well.
"Xiao Yi Ge, are you going away on a business trip for a long time?"
On Thursday, May 5th, after the May Day holiday, Chu Wan heard that Su Yi was going on a business trip and asked reluctantly.
Su Yi gently patted her head and said,
"It might be a long time, but don't worry. Whenever I have time, I will fly back from Hong Kong to see you all."
"Okay, then I'll wait for you,"
Chu Wan obediently nodded and said softly.
"I've made all the arrangements for the music academy's enrollment,"
Su Yi continued.
"At that time, whatever courses you want to take, you can tell Teacher Gao directly, and she will help you communicate with the school's admissions office."
To ensure Chu Wan's smooth enrollment, he had donated 10 million to the Shanghai Conservatory of Music.
Furthermore, Chu Wan herself was excellent.
He felt that there would definitely be no surprises regarding the subsequent enrollment matters.
"Okay,"
Chu Wan replied, was silent for a moment, and then said,
"Then... Xiao Yi Ge, if I miss you, can I call you?"
She remembered Su Yi's number, so she could dial it blind without having to look through the phone book.
"Of course!"
Su Yi smiled, and didn't think too deeply about it.
"You can leave with peace of mind. Wan'er and your mother have me here,"
Su's father, seeing that it was getting late, and that if they delayed any longer, they would probably have to change the flight time, couldn't help but say,
"Once you're in Hong Kong, take good care of yourself. Call us when you have time, or we can go visit you. I haven't been to Hong Kong yet, by the way. I heard Victoria Harbour in Hong Kong is especially beautiful."
After such a long period of adjustment, Su's father also clearly exuded some urbanite qualities.
His horizons had also visibly broadened, and he spoke with more confidence.
"Alright,"
Su Yi said,
"I'll make arrangements once I'm there, and then I'll call you."
After speaking, Su Yi picked up his luggage and left the house.
Down in the garage, his cousin Su Jiahao helped him put his luggage in the trunk, and then drove him to the airport.
Su Yi didn't ask Su Jiahao to go on the business trip with him, only entrusting him before leaving,
"Cousin, after I leave for my business trip, please look after things at home. My dad, my mom, and Wan'er, if they need any help, please help them as much as you can. And company matters as well..."
Su Jiahao replied with a smile,
"Su Yi, you still have such a worrisome nature. Don't worry."
After the final instructions, Su Yi boarded the plane.
Then, a few hours later, Su Yi arrived at the Hong Kong branch.
After a month of preparations, under Wang Huaijin's full responsibility, the branch's office conditions, as well as the layout of its facilities and equipment, all left Su Yi very satisfied.
"Excellent, you've worked hard,"
Su Yi said to Wang Huaijin after looking at the company's setup and arrangement.
Wang Huaijin smiled and replied,
"This isn't just my effort alone, it's the result of everyone's collective efforts in the company. By the way, Mr. Su, it's getting late now. The accommodation arranged for you, and the welcome dinner, have been prepared."
As he spoke, Wang Huaijin then, after Su Yi had inspected the company,
took him to a Hong Kong-style restaurant with a pleasant atmosphere.
As Su Yi walked into the restaurant, before he could carefully examine the restaurant's environment, a familiar figure brushed past him.
"Excuse me,"
the other person quickly apologized.
"It's alright,"
Su Yi smiled.
Hearing the familiar voice, the other person quickly looked up, saw Su Yi's face, and a pair of clear bright eyes instantly revealed a look of extreme surprise:
"Su... Su Yi."
"Yes,"
Su Yi nodded slightly, and gently extended his hand for a handshake, saying,
"Miss Fang, what a coincidence to meet again."
(End of chapter)