Li Xin didn't answer him, but asked rhetorically: "Do you remember the Rainbow Electric stock I bought before?"

Wang Minghui said: "Remember. ”

Li Xin said: "Rainbow Electric was far less sought after than the current Western Copper, but just like that, Rainbow Electric's stock also appeared a rapid rise in the later stage of the rise." At that time, I just thought that it had risen very much, so after selling it, I missed the last stage of rapid rally and missed a large period of profit. Judging from the current leading position of the western copper industry in the stock market and the strength sought after by funds, it is still a long way from this stage, and there will definitely be a rapid rise stage in the end. Without this stage, it will not be possible to attract more funds to take over, and it will be difficult for the large funds that entered in the early stage to get out. I'm just going to wait for this stage to come out now. ”

Long Yunkai said: "It makes sense, you are a master of art and bold!"

Li Xin smiled modestly: "I can't talk about it." ”

"According to the current stock price, just on the stock of Western Copper, the market value in your account is close to 400 million, what are your plans in the future?" Long Yingkai suddenly changed the topic.

"What are your plans for the future?" Mr. Long, what do you mean, ......" Li Xin didn't understand the meaning of Long Yunkai's words for a while.

"You always have to sell the stock of Western Copper, but after the stock is sold, how do you plan to invest more than 300 million yuan or nearly 400 million yuan? It is too risky for you to put such a large amount of money on the stock market. The total liquidity of a steel mill is less than 300 million, have you ever thought about other investment channels?" Long Yunkai began to gradually lead the topic to the direction he wanted.

"Now the stock market and the futures market have not found better investment opportunities for the time being, this is not in a hurry, and I will slowly look for opportunities after the Western Copper Industry makes a move." Li Xin still didn't understand what Long Yunkai meant, and his eyes were still on stocks and futures, two markets that he was very familiar with.

Seeing that Li Xin never got on the road, Long Yunkai had no choice but to directly find out what he meant: "Just like you just analyzed, the real estate market has developed too fast in recent years, which has led to a large increase in demand for steel, and the price has also risen.

"Invest in your steel mill?" Li Xin now understood what Long Yunkai meant.

"Yes, it is very risky for you to put such a large amount of money on the stock market to fluctuate back and forth, if you invest in my steel mill, you will be a shareholder, and you will have a stable income every year, isn't it very good?" Long Yunkai said.

"But I don't know anything about steel mills. Li Xin said with a smile.

"This is not difficult, the steel mill belongs to ferrous metal smelting, and your Southern Group is non-ferrous metal smelting. Non-ferrous metals are actually more difficult and technically demanding than ferrous metals. You can figure out the non-ferrous metal so clearly, and it should be easier to get started with the ferrous metal smelting. Besides, there are some specific things that you don't need to be too clear, you can look at the general direction as a shareholder, and the specific things are handled by the people in the steel mills below. This is the same reason as your investment in Western Copper, you have held the shares of Western Copper for so long, in fact, you have not participated in the mineral mining, smelting, and sales of Western Copper, right? You just know that its profit expectation for a period of time in the future is very good, so you invest, and my steel mill's profit expectation is also here, you can see it. Long Yunkai explained.

Li Xin said: "The truth is this, but the understanding of an industry is still a long-term process after all. In retrospect, the reason why I dared to buy the stock of Western Copper was actually related to my work in the Southern Group, and if I didn't have a corresponding understanding of the non-ferrous metal industry, I would not have seen the investment value of the stock of Western Copper. If you really want to invest funds in your steel mill to be a shareholder, you must have at least half a year to a year to understand the process, otherwise you will always feel that you are blind. ”

Long Yunkai said: "This is also true. However, we have another way to cooperate, I now have a large sales volume of steel mills, the need for funds is very urgent, in the future, if you sell the shares of Western Copper, this nearly 400 million funds if you can't find investment channels for a while, you can consider lending me. The term of the loan is one year or two years, or a longer term loan is fine, and I will add 30% of the interest rate to you on top of the bank interest rate for the same period, what do you think?"

Li Xin smiled: "Thank you for always looking at it, but I have never considered this problem, you can let me think about it." ”

It was only at this time that Li Xin completely understood what Long Yunkai's true intention was in inviting him to eat this meal.

From an investment point of view, Long Yunkai's proposal is not unfeasible, but the problem is that such private lending is too risky.

When it comes to investing in Longyunkai's steel mill as a shareholder, Li Xin feels a little unreliable. One is because he doesn't understand the operation of a steel mill, and the other is that he lacks experience in dealing with people, and he is not the kind of person who can play left and right in any environment.

There are too many links in the real economy, and he is not sure that he can control these links at all, and once the actual operation of the person wants to move something crooked, the funds will be out of his own control.

There are many examples in real life, a business obviously earns 2 million yuan, but the actual operator can instruct the accounting or other department personnel to make this profit only 1 million yuan, and the other 1 million yuan is spread into various expenses.

If this happens so often, the actual profits of shareholders at the end of the year will be much less than they should have received.

If you don't actually handle such a thing, outsiders won't be able to see it at all.

This is also the reason why Li Xin likes to invest in the stock and futures markets, the stock and futures contracts in the stock and futures markets are all standard, what is the price of buying, how much is the price of selling, how much is the handling fee, how much is the stamp duty, and no one can fake this one-time fee.

It's clear where you win and where you lose, and you won't have any other problems.

Another point, the most important thing is that as a minority shareholder, you have no actual decision-making and control over funds and operations.

Even if risks are discovered, minority shareholders are powerless to face the risks they see until the majority shareholders and actual managers reach the same consensus as themselves.

However, the risks in the stock and futures markets are different, and Li Xin himself can take measures to realize and stop loss at any time.

Although Li Xin's own personality is still like a weak scholar, he is usually polite, but those who actually know him know that he actually has a strong desire to manipulate.

He will demand absolute control over what he wants to do, and if he says something that doesn't count, he won't do it.

Investing funds in Longyunkai's steel mill to be a shareholder, Li Xin didn't need to ask much to know that after his funds went in, he would be a small shareholder at most.

There are many businesses in the actual operation process of the steel mill, not to mention that they don't understand, even if they do, as a small shareholder, they basically have no decision-making power on major issues, and the decision-making power is in the hands of major shareholders like Long Yunkai.

What he can do is to sit and wait for dividends every year, which is absolutely unimaginable for Li Xin.

And there is another thing, as the saying goes, investment is actually the character of investment.

Although Li Xin and Long Yunkai have been doing stocks in the same big room for a long time, the friendship between the two is completely general, and even can only be regarded as nodding friends.

In the absence of a deep understanding of a person's way of doing things, and a lack of a clear understanding of the person's character, investing hundreds of millions of funds in this person's enterprise is actually a great risk.

In the years of working in the sugar company and the Southern Group, although Li Xin himself is not a member of the decision-making level, he can also see in his work that it is very easy for the top leader to hide the business performance from the staff below.

This is not uncommon in formal enterprises such as the Southern Group and the Sugar Company, and it must also be the case in private steel mills such as Longyunkai.

If you really invest your money and don't know much about the actual business situation, it is a big question whether the income you can get in the future is really so much.

As for the other way that Long Yunkai said, lending him money for operating funds, and charging him a higher income than the bank interest in the same period, Li Xin felt that it was even more risky.

What kind of assets will Long Yunkai use as collateral for himself? He has no way to make a complete judgment to confirm the authenticity of these assets that he has taken out as collateral. Even if you can verify its authenticity, there are many links in it, and the mortgage you get by accident may be a blank sheet of paper, which will not work at all.

Besides, if we want to go this way, there are many bonds issued by large enterprises in the market now, and their annual income is much higher than the interest rate of the bank in the same period, and these bonds are more formal and stronger, and if something goes wrong, the probability of cashing out is much greater, and the risk is much smaller.

None of these bonds will arouse their interest, so why lend money to Long Yunkai?

Long Yunkai listened to Li Xin's words, and then looked at the doubts hidden behind Li Xin's smile, and knew that he had his own judgment on this matter, and he might not be able to convince him for a while.

Although he didn't know what Li Xin was thinking in his heart, with his understanding of Li Xin, he knew that this person's mind was very meticulous.