Chapter 353: Dividends
The futures hedging business is handed over to the team of Dongjiang Securities, and Song Yuqing is responsible for the follow-up and supervision of the project.
"Ge Jun still tends to think that the subprime mortgage crisis in Europe and the United States has not been alleviated, and it will trigger a new round of adjustment of A-shares at any time, and it seems that we still have to be patient......"
"It's that I'm too impatient – I've gotten through all these years, and I shouldn't be so impatient. Zhou Han took a deep breath, and after thinking about it, she still saw the Lu family stepping into the edge of the trap, which made her mind become more and more intense, so that her emotions were a little difficult to control.
Cao Mo gently hugged Zhou Han's slender waist.
He suffered some grievances and hardships when he was a teenager, compared to Zhou Han, he is nothing anymore, and his temperament is inevitably a little angry, he can't ask Zhou Han to look at things related to the Lu family completely calmly.
Zhou Han stood next to Cao Mo, and after a while, the fluctuations in his inner emotions really calmed down, watching Cao Mo turn on the computer to look at the domestic stock market trend, thinking of something and saying: "The A-share index has been adjusted so deeply for six consecutive months, and the funds in the Wood Elephant capital account are also shrinking month by month, even if you don't care about the gains and losses of 350 million, do you really think your sister can withstand such a big pressure?"
The new full tradable share reform plan of the new steel union has been delayed until April to be approved, but at that time the securities market has continued to adjust for nearly half a year, and on April 22, the stock index fell below 3,000 points at the lowest, which seriously suppressed the rise of the stock price of the new steel union.
Wood Elephant Capital also did not grasp the time, and finally made a profit of less than 10 million from the shares of Xinganglian.
Although the stock index rebounded from late April, it was affected by the earthquake and started a new round of deep adjustment in mid-May, at which time it has once again fallen below the low created in late April and moved towards a new low.
Although Cao Mo did not interfere with Jiaying's operation from beginning to end, the account of Wood Elephant Capital will be opened when there is time to take a look at it, and in the Wood Elephant Capital account, the funds rushed to 100 million at the peak, but at this time it has fallen back to less than 60 million.
Compared with the initial investment of 20 million, there is still nearly 40 million profits left, which is absolutely acceptable from the overall result, but for most of the year, half of the profits are given back step by step, which is not comfortable in anyone's heart.
Zhou Han is not a professional securities investor, but she has obviously been in a mess when she looks at the investment actions of Wood Elephant Capital during this time.
She felt that Cao Mo needed to intervene so as not to put unnecessary pressure on Cao Jiaying, and the team of Wood Elephant Capital was still very young.
Cao Mo thinks about Zhou Han's words and makes sense, he hopes that Jiaying can learn, think, and grow in practice and setbacks, but he also has to consider that Jiaying is only a sophomore, and the other three researchers and traders of Wood Elephant Capital are also students who have not entered the society.
Cao Mo opened QQ and saw that Jiaying was online, so she sent a video to apply for it.
The video was quickly connected, and I saw Jiaying wearing a wide T-shirt, sitting unkempt in front of the screen, and hurriedly combing her messy hair.
"Why are you panicking, you can't be hiding in the company with your boyfriend and making out and being caught by me, right?" Cao Mo asked with a smile.
"Phew, what nonsense are you talking about, I was working overtime in the company to hold a strategy meeting, I thought it was all like you!" Jia Ying took the camera on the table and turned it outside, so that Cao Mo could see that Wu Ruifang and the others were getting up and leaving her office.
Wood Elephant Capital has been established for more than a year, initially in addition to logistics cleaning, only three researchers and traders, at the peak of efficiency, Jia Ying imitated the formal investment company, the core department split into research, strategy and trading three parts, but also recruited a group of employees with work experience, Wood Elephant once had more than 20 employees.
However, during this period of time, the securities market continued to blow, even if Jiaying did not lay off employees, because of the fierce quarrels and contradictions caused by investment setbacks, many employees did not sit on the hot buttocks, and resigned one after another.
Of the original three researchers, there are only two left, Wu Ruifang and Cheng Xin.
Seeing Jiaying's unkempt and haggard face, Cao Mo knew that she was under a lot of pressure during this time, and he didn't care too much about it before, on the one hand, he hoped that Jiaying could bear more pressure, and on the other hand, every time Jiaying contacted him with her energetic appearance, and did not expose her embarrassed appearance.
"It's eleven o'clock at night in China, right? You're still in the company so late, and Dad won't urge you to go back, he's relieved that you'll drive back alone later? That old bastard, why is he not responsible at all?" Cao Mo asked.
"That's right, how can I say that I'm also a little girl, don't you say that I forgot about eleven o'clock - how can you say that Dad can be so irresponsible, and I'm not afraid of any bad people with bad intentions I will meet at night. Jiaying stretched her waist and said.
The video was delayed and stuck, and Cao Mo couldn't see the subtle changes in Jiaying's expression clearly, and wanted to continue to count down his dad for a few words, but saw a face break into the camera, who was it not his dad?
"You have nothing to do with Jiaying, you can't study hard, sigh all day long for a little loss, what kind of strategy meeting is still being held every day, and you don't go home so late - it's okay for me to come over to pick up Jiaying so late, you bastard boy is still arranging me behind my back. Cao Xiong scolded with a smile.
Cao Mo only saw Chen Rong walk into Jiaying's office at this time, and greeted with a smile:
"I just spoke to Ge Jun of Dongjiang Securities on the phone, he tends to think that the subprime mortgage crisis in the United States has not been eased, all domestic financial outlets are shrinking credit, the A-share market is unlikely to rebound in the near future, and even further decline, Aunt Rong, what do you think?"
"In the past, everyone thought that the securities market would adjust sharply and a large amount of money would pour into the property market, but in fact, the sales of new homes this year have not been ideal, and the monetary system has indeed become tighter and tighter - these phenomena are definitely not good for the securities market......," Chen Rong said.
The domestic securities market is difficult to say mature at this time, there are too many irrational factors, Chen Rong, who has been engaged in asset management and industrial investment in China for many years, does not dare to say how much she knows about securities investment.
Of course, she and Cao Mo rarely talk about work matters, and they can understand that Cao Mo mentioned this matter in front of Jiaying at this time, which should be to directly interfere with the next operation of Wood Elephant Capital. Chen Rong didn't think that Jiaying should completely bear such a big pressure, so even if she was not familiar with securities investment, she gave a clear attitude.
"Jiaying, it's time for you to take out your profits and share dividends with me as an investor!" Cao Mo looked at Jiaying sitting in the corner with some reluctance on her face, and asked with a smile: "Also, it's rare to have a long vacation, you should also rest for a while, do you want to come to Africa again to relax?"
For private equity and wealth management investment companies, the risk is not only the loss of investment, sometimes it is also a risk, a more unacceptable loss.
Therefore, the position of the investment company will usually be adjusted accordingly within a certain range.
According to the situation of the economy and the securities market, investors make additional investments or redeem investments, which is actually another level of participation in the decision-making of increasing or reducing positions.
He has completely lost his funds to Jiaying in the past year or so, although the funds are not very large, and it is indeed a little irresponsible.
Of course, although at this time, all the profits will be taken out for liquidation, in addition to the dividends and management fees that Cao Mo as an investor, the dividends and management fees that Wood Elephant Capital can get add up to more than 8 million, but Jiaying hired three college students who made their debut in the securities investment competition, and hired a group of employees with work experience with a high salary at the end of last year.
This is obviously too far from her initial expectations.
Seeing Jiaying sitting silently on the side, Cao Mo said without a rut: "Don't look like you're deeply hit, it's a big deal that I'll give you a Ferrari?"
"I want McLaren!" Jia Ying said impatiently.
"Okay, take your pick - the latest McLaren is estimated to have no existing car in China, you can first find a four-S shop to choose a car, and then go to Africa to play around and then return to China, it should be just right to drive a new car," Cao Mo saw his father looking at the camera and asked, "Dad, do you want to come to Africa with Aunt Rong to have a round, and everyone can't put all their energy into work?"
"I may not be able to leave recently, there are more things," Chen Rong said into the camera, "In addition, Ding Zhaoqiang may hope that you can return to China in the near future......"
"Why, Dongsheng's funds are really tight to this point? I don't have any food leftover. Cao Mo said.
Cao Mo kept in touch with Shen Ji at any time, of course he knew that Dongsheng's capital chain had always been tight, but he had not returned to China during this time, but he didn't know the specific situation.
"The domestic money has been really tight in the past two months, new loans can't be issued, and old loans are due one after another, Dongsheng's latest two loans, and the interest has been opened to 16 points - now there is a big difference of opinion within the group on whether to reduce the price of real estate and promote it, and try to get back as much funds as possible before other real estate companies-" Chen Rong briefly said some of Dongsheng's recent situation, she asked, "How is the capital situation over there?"
"I don't have to be bold to build a new industrial city in Huwan, the capital injection given to me by Xinhai Gold and Qian Wenhan will not be spent this year, and the funds I have in hand are quite good. Cao Mo said.