Chapter 185: Pujiang Night Talk
May 15, 8:30 a.m., Shangri-La Hotel, Magic City.
As soon as Ding Le's figure appeared at the sign-in area of the venue, he was surrounded by many media and "besieged", and he finally had to be carried into the venue by the staff.
Entering the venue, Ding Le saw the promotional video of the 2010 World Expo playing on the big screens on the left and right, and the guests took their seats one after another in this special "welcome song".
About 1,000 people attended the forum, in addition to the big leaders of the magic capital, senior officials of the first bank and the three associations, there are many high-end people in the financial industry, as well as many people in the industry.
At 9 o'clock in the morning, the 2009 Lujiazui Forum officially kicked off, and the chairman of the China Banking Regulatory Commission presided over the opening ceremony and delivered a welcome speech.
After the big leader's speech, after a short break, the conference entered the formal session.
The governor of the People's Bank of China and the chairman of the China Securities Regulatory Commission (CSRC) took the stage and delivered keynote speeches on the development of China's economy and financial system in 2009.
Ding Le sat in the audience, listening intently to the speaker's speech, and the pen in his hand kept taking notes, just like a primary school student listening carefully to the teacher's lecture.
Originally, he was well aware of the development trend of this era, but now with his every move, the frequency of his "butterfly" waving his wings has gradually accelerated, and he is no longer as sure of the future development as he was in the previous two years.
At this moment, while listening to the speeches of the leaders, he kept recalling in his mind the major events that had happened or were about to happen in the economic and financial fields in that time and space.
This year, the biggest event in the capital market is the opening of the Growth Enterprise Market (GEM). Cao Shengyuan, the company's chief analyst, has submitted a report to him, detailing the historical opportunities that will be brought by the opening of the GEM.
Before, he still disagreed with Cao Shengyuan's analysis, but now after listening to the speeches of the leaders, he changed his previous views.
A grain of chaff of the times, falling on the head of an individual, is a mountain of gold.
After the officials of the first bank and the three committees cheered for China's economic platform, the heads of several major domestic financial institutions also took turns on the stage to exchange views on issues of concern to investors.
Since the beginning of this year, China's bank credit has increased sharply, and the non-performing loan ratio has continued to decline.
What are the lessons learned from the global financial crisis for China's financial institutions?
Faced with the risk of a global recession, does China need to slow down the pace of financial innovation and market opening?
For China's large financial institutions, the domestic market is still highly profitable, when will the internationalization strategy be implemented?
Of course, the issues that these investors are very concerned about are not relevant to the resurrected people.
Ding Le looked enviously at the speaker on the stage, as a veteran banker, he knew that this model of lying down and making money in the banking industry would continue for several years.
"Sometimes our profits are so high that we're too embarrassed to announce them. ”
In two years, the speech of the president of Minsheng Bank at a summit forum for entrepreneurs will become a sensational social hot spot.
Attending this kind of forum is actually a very tiring thing, from morning to night, all kinds of speeches are one after another, except for coffee breaks and lunches, there is almost no time to rest. If you want to hear from start to finish, it's not something you can do with a cup or two of coffee......
After the appreciation dinner, at half past eight in the evening, on the second floor of Pujiang Building, Ding Le, who had stayed up all day, finally ushered in the opportunity to speak on stage. 520
Compared with the formal speeches of the daytime forum, the Pujiang night talk session was much more casual, and the guests participating in this session were all at the helm of the top domestic investment institutions.
When waiting in the audience, Ding Le stood out in the middle of a group of people, not only because he was young, but also very handsome.
At the same time, everyone is also curious about Ding Le, and his rise has been as dazzling as a comet since he shorted Bear Stearns.
Shen Nanpeng of Sequoia Capital took the initiative to talk to Ding Le. Sequoia has recently been talking to Autohome about investment cooperation, and he is no stranger to Galaxy Investment and Ding Le.
"Mr. Ding's every shot is very sharp!"
Shen Nanpeng said with a smile that in his opinion, Ding Le is one of the few successful investors in China in recent years.
"Mr. Shen has won the award, compared with your success, I still have a lot to learn!"
Ding Le's words are not polite, aside from his glamorous resume, Shen Nanpeng has successively founded Ctrip, Homeinns, and successfully listed, this experience is indeed worth learning from him. The Jumei.com, Qiandai.com, and Weibo he founded are still in the starting stage on the way to listing.
After the two talked to each other, under the introduction of Shen Nanpeng, Ding Le successively met Fang Fenglei of Hopu Investment and Wu Shangzhi of CDH Investment, which was also his first appearance in the circle.
"Good evening everyone, since the financial crisis, the raising of alternative investment funds around the world has fallen to the bottom, is alternative investment a flash in the pan? or will it be the rock that will play an important role in the future economic recovery? My view is that alternative investment in the post-crisis era has a lot to offer, and the future is in China!"
As the first guest to speak, Ding Le made it clear after taking the stage, just like in an interview with CCTV's "Dialogue" column last year, he still insisted on going long in China as always......
"Finally, I would like to say that in the profession of investment, it is very important to look at the big picture!"
"What is the big picture? When you stand on the moon and look at the earth, if someone asks you if Mount Tai is high, how would you answer? I think I might answer him with humor, the Himalayas don't look too high!"
When Ding Le finished saying this, the people in the audience were happy, and some people couldn't help but applaud.
Ding Le's speech was vivid, and at the end of the speech, Xia Xiao sat in the audience and gave him a thumbs up with a smile, and this scene was also captured and filmed by the sensitive reporters around him.
"Good evening everyone, I have a very similar view to Ding Le, and I also think there will be more opportunities in the next few years!"
After Shen Nanpeng began to speak, he was very sure of Ding Le's views.
"The asset bubble will gradually decrease with the arrival of the economic and financial crisis, so the price of assets is more reasonable, and it is easier for both parties to close the transaction in the process of buying and selling, and private equity investment has great opportunities in the next year or two. ”
As a well-known investor in the industry for a long time, Shen Nanpeng recognized Ding Le so much as soon as he came to the stage, which surprised everyone.
When the whole day was over, Ding Le felt very tired physically, but his spirit was very high.
The next day, Xia Xiao's thumbs-up appeared in the "China Business News", as China's most influential and credible financial newspaper, they have made many in-depth reports on Galaxy Investment.
In order to prove Ding Le's view of being long in China, they also analyzed all the transactions and venture capital projects of Galaxy Investment in the secondary market.
It was only at this time that investors suddenly discovered that in the fourth quarter of last year, the stocks of Galaxy Investment that had built positions against the market had risen a lot, and in the field of venture capital, the projects that Galaxy Investment participated in were also the hottest companies in the Internet industry.
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