Compared with what to buy and what to buy in the bull market, Fan Liancheng became more and more cautious during the period from the end of 2015 to the beginning of 2016.

After the reshuffle, he is most concerned about the intrinsic value of the enterprise itself, and at the same time, he will take out part of the funds to invest in those emerging companies.

High risk is accompanied by high returns, and the heavy positions in the semiconductor and microelectronics fields, as well as the Internet industry, are dazzling in the number of shots, and the layout of industries is diverse.

From hotel catering to online games, to pharmaceutical giants, Internet finance, banking and insurance, almost any company is safe and advantageous, Fan Liancheng will invest in some, never limited to specific industries.

After the Spring Festival in 2016, A-shares fell sharply again.

The Shanghai Composite Index, which had finally climbed to more than 3,600 points, quickly fell to 2,800 points.

It was also at this time that Fan Liancheng bought back the "large pig stocks" that his old man had originally built a position at a low price, and decided to hold them for a long time as a more important sub-core asset.

Counting the newly raised funds of the fund company, it is nearly 200 billion yuan, and it is decreasing little by little with the sale again and again, from cash to securities assets and real estate, which is real estate, that is, newly hoarded land, mainly residential land.

The vast majority of company owners worry about running out of money on their books all day long.

Fan Liancheng is different.

He spent too much time and energy on how to quickly redeploy his assets, and even wanted to resign as chairman of Longcheng at one point, so as not to be called to appear on various occasions, such as the conference in early March 2016 and the Boao Forum for Asia at the end of March, which are important occasions that cannot be shirked.

......

Facts have proved that some experts have exaggerated their statements, and the stock market crash that occurred last year did not have much exaggerated impact on the steadily rising economic fundamentals.

Shortly after the beginning of 2016, there were many major events in the business world, and there was a trend of you singing and me taking the stage.

Among them, businesses related to Fan Liancheng abound, such as Alipay's parent company in Series A financing, Fans Holdings invested the most, and Jingdong Mall annexed the three companies of No. 1 Store, Meili Shuo, and Mushroom Street, and spent 2 billion yuan to expand the Internet financial business.

Due to the turmoil in the financial world last year, JD.com's IPO plan was postponed until June this year, and the valuation has climbed to about $50 billion, and Fan Liancheng ranks first among major shareholders, with a share of nearly $20 billion in valuation.

This is just part of his business, rice technology company, Meituan, etc., the market valuation has also risen rapidly with the increase in performance.

Fan Liancheng is currently looking for ways to facilitate cooperation between them and construct a new business model designed based on the entire ecosystem.

At present, in the Internet field, if enterprises want to survive in the market for a long time, there are almost only two options, one is to build a business ecology with long-term value space, and the other is to join this kind of business ecology and take the opportunity to rise and give full play to their advantages.

All in all, if it is not strong, it will be annexed or eliminated, and the phenomenon of big fish eating small fish abounds, and Fan Liancheng has been able to achieve his own faction and full of influence.

Times are changing.

Even in the real estate sector, subtle changes are beginning to take place.

Customers are becoming more and more discerning, which is a good thing for Dragon City Group, which already values quality and detail.

Housing prices in key cities have risen beyond Fan Liancheng's expectations, and have exceeded the expectations of countless real estate industry peers.

Longcheng Group is busy with transformation, and the total assets of the investment department account for about 23% of the group's total assets, which was only 3.8% four years ago.

The total market value has remained around RMB 370 billion since the end of last year, and the real estate business has been replaced by the investment business, which has become a new engine for the group's value growth, but it has not prevented the real estate business from still being very profitable, and the debt ratio has been successfully reduced to 75%.

It seems that it is still a lot, owing hundreds of billions to the bank, but the corresponding holding of a large amount of undeveloped land, this debt ratio is actually low in the peers, after all, the scale is there, not to mention that there are people who send Fan Liancheng, who is nicknamed "walking bank", personally serves as the chairman, he himself is equivalent to the best insurance, there is no need to worry about the bank being stuck.

In mid-April, an interesting incident happened.

Fan Liancheng took the time to paint a group of quadruple paintings, carefully carved them for more than two months, and started to create them when he had nothing to do, which became a small hobby that allowed him to calm down and relax after work.

I didn't draw abstract anymore, but created my own cartoon pattern, a total of four fat cats, with different expressions.

As soon as the paint was dried, he gave it to the Children's Aid Foundation, where it was just idle at home, but it could help a group of people when it was sold.

Speaking of these paintings, the composition is a large dark red, with a circle in the middle, and a cartoon kitten is drawn in the circle.

When the news spread, netizens were led to rhythm and said that he slammed the door.

Unexpectedly, the foundation has not yet auctioned it to the public, and someone has already anonymously bid 40 million yuan, which directly made a group of people cry out that they can't understand the art circle.

Such a toss not only did not make potential buyers flinch, but attracted a higher price, a full 60 million yuan, just to buy these four works created by Fan Liancheng himself.

There is a big V who told the truth, saying that hundreds of millions of people paid attention to these four paintings because of the news, even if they were not worth it before, they are worth it now, and they are also used as charity auctions, and rich people are willing to spend money.

In addition, there are people with large brain circuits, and they found that Fan Liancheng painted casually, and he became one of the oil painters with the highest value of his works in China.

At first, Fan Liancheng didn't know who was bidding 60 million, but only after listening to Ge Junfa talk about it did he know that it was him.

According to Ge Junfa's meaning, he can not only avoid taxes legally, but also do charity and collect, killing three birds with one stone, and has begun to plan to wait for a few years to disassemble the four paintings and sell them separately, taking the opportunity to make a fortune.

The reason why he came to remind Fan Liancheng was to ask him to stop painting cats, so as not to affect the long-term value of those four paintings.

What can Fan Liancheng say, he can't laugh or cry about this, all the creative materials belong to the top, even so, counting the frame, it only cost more than 10,000 yuan in total, it is rare for Ge Junfa to think so highly of himself, he promised to seal the pen directly on the spot, and no longer continue to create oil paintings with the theme of cartoon cats.

When the nannies and housekeepers at home heard the news, they began to tremble, and even went to the place where he painted to clean up, and they had to report in advance so as not to be misunderstood.

Not long after the news broke, someone from the Painters Association came to the door and wanted to invite Fan Liancheng to join their circle and become a vice president.

Fan Liancheng didn't have such idle time, so he immediately declined, knowing in his heart that what was valuable was not the artistic value of the work itself, but his own fame.

When countless charity groups flocked to him to ask for paintings, Fan Liancheng decisively began to think about changing careers, thinking of trying to develop other small hobbies, such as acting in a movie, or finding a good song to sing by himself.

If he is not careful, he is about to celebrate his twenty-ninth birthday, and he wants to have a more colorful life than he is busy making money.

I even took the time to draw up a list of more than 30 things I wanted to do and places I wanted to go, and I was going to try them all before I was 35......