The sub-forum of the second day arrived as scheduled, and at 9 o'clock in the morning, the sub-forum of investment institutions was officially held.

Although it is only a sub-forum, the total number of people is more than 200 people, which is quite a considerable scale. Participating in this sub-forum, there are domestic investment institutions, focusing on the discussion and analysis of investment issues in the e-commerce industry.

According to the list, the top ten domestic investment institutions have arrived, and Lin Yuting's pioneer fund company is currently ranked outside the twenties, and the sense of presence is not very strong, but fortunately, there is Li Feng to support the scene, so the seat is very high.

In addition to various investment institutions, representatives of banks, academia and the media attended the event.

As the largest investment fund company in China, Xu Jinlin, general manager of Dahua Fund Company, is obviously the protagonist of this investment institution sub-forum, but Li Feng's appearance more or less steals his limelight.

He was originally unhappy with Li Feng, yesterday at the conference, Li Feng also refuted his views, and was recognized by the guests on the scene, which made Lao Xu really unable to get off the stage, it can be said that in yesterday's exchange session, Lao Xu was the one with the least sense of existence.

This is also related to his accumulation of knowledge, he was mainly engaged in investment in traditional industries, and he was neither concerned nor interested in the Internet industry.

But now that his fund company has begun to transform into Internet investment, Xu Jinlin himself is not ready, especially in terms of knowledge accumulation, which is a bit unable to keep up with the speed of development of the times.

This is a common characteristic of this type of middle-aged uncle, most of whom have little access to computers and almost no Internet habits, and in many cases, they still rely on traditional media such as television and newspapers to obtain information.

Whether they can use a computer or not, their cognitive ability of the Internet economy is limited, after all, many things need to be experienced by themselves to have a deep understanding.

Especially an old uncle like Xu Jinlin, until now, he only knows how to turn on the computer, so he has a hard time browsing a web page, let alone shopping on the Internet, so even if his fund company is one of the important shareholders of Baibao.com, he has never been on Baibao.com, and it is impossible for him to experience how to shop online on Baibao.com.

At the venue, everyone sat down, and the sub-forum officially began.

This time, Li Feng participated as an observer, so he was relatively low-key and sat next to Lin Yuting.

After the discussion began, Li Feng did not speak, but quietly listened to the analysis of various investment institutions on the e-commerce industry, most of which were not nutritious, and investment institutions looked at the problem more from the perspective of how much return on investment, so this discussion was also very boring.

However, there was a small episode at the discussion site, that is, Xu Jinlin ridiculed the Pioneer Fund for withdrawing from Baibao.com, believing that this was a major strategic mistake of the Pioneer Fund Company.

He knew that Lin Yuting was Li Feng's classmate, and the Pioneer Fund Company was actually operated and operated by Li Feng for a long time before, so he didn't have a good impression of the Pioneer Fund Company, and it was more of a crowding out and suppression.

"Mr. Xu, I don't agree with your statement. Lin Yuting immediately spoke, "The reason why our Pioneer Fund Company divested from Baibao.com is because of our strategic considerations. In the market environment at that time, we believed that the growth potential of overseas markets was greater, so we withdrew and invested a lot of money in our overseas markets, and now the growth of these investment projects is very high, even far exceeding the growth level of Baibao.com in the same period. At the same time, in the domestic market, we are more optimistic about the business philosophy and business model of New Dream Group, so our company will focus on investing in New Dream Group. As you can see, our pioneer fund company from the beginning of the establishment of millions of funds, to now, just over a year, the total asset scale has exceeded 160 million US dollars, and has a stable cash flow and continuous project investment capabilities, in the investment business, the overseas sector growth is strong, our asset scale will grow rapidly in the future, for the domestic investment field of continuous injection of funds. I believe that it will not be long before we can enter the top 10 in China, so I am confident in our company's investment decisions. ”

Li Feng then added: "Yes, this decision was made by me and Mr. Lin at that time, and from the perspective of the book valuation of the shares, the loss was very large, but don't forget that this fund did not lie down and sleep after the withdrawal, but entered other areas with higher growth." So we don't actually lose money, we make money. More importantly, making money is only one aspect, and while we are making money, we have also infiltrated what we consider to be key industries, forming a hierarchical Internet industry cluster, the implied value of which is immeasurable. The reason why Baibao.com wants to set up a group company is also to see our successful experience and try to follow the same path as us. ”

"Our current key partner of New Dream Group is Vanguard Fund, and I am also a shareholder of Pioneer Fund. Next, we will set up a special investment department within the group, and we will focus on relying on our investment department in the system of Pioneer Fund Company, and also hope that all investment institutions can participate and cooperate with us to take what they need in information sharing, data analysis, industry prospects, market research, etc., and make progress together. ”

Li Feng and Lin Yuting's statements were recognized by most of the people present, and at the same time, Li Feng took this opportunity to show the New Dream Group in front of various investment institutions.

The investment institutions here are now gradually seeing a trend, in the field of Internet investment, there will be two camps, one is optimistic about Baibao Group, and the other is optimistic about New Dream Group.

At present, the two groups have overlapping businesses and have a high degree of competition, but the two groups have their own advantages and are indistinguishable in terms of strength.

In the context of the global mall increasingly fading out of the Chinese market, the domestic e-commerce sector will be divided by Baibao Group and New Dream Group, although New Dream Group is not an Internet group company with e-commerce as its main business, but in the field of e-commerce, their strength is still not to be underestimated.

This made many investment institutions here begin to think about moving closer to Li Feng, after all, the growth of New Dream Group is obvious to all.