Temasek was born in the 70s when the Lee Ka Pok government registered Temasek in a private name to manage some of the state-owned assets and foreign investments.

But the concept of sovereign wealth funds was only emerging in the early 90s, and it was at this time that Temasek began to grow from a management company that managed some of Lijiapo's state-owned assets to a sovereign fund company that controlled hundreds of billions of dollars in wealth.

In the early 90s, Temasek's assets were in the tens of millions of dollars, but by '96, Temasek's assets were over $1 billion.

But as a sovereign wealth fund, Temasek is not yet the largest sovereign wealth fund in Lee Ka Po.

Founded in 81, Lijiapo Government Investment Group (GIC) is the largest investment company in Lijiapo, controlling almost all of Lijiapo's foreign investment business and controlling tens of billions of dollars of wealth in more than 10 countries and regions around the world.

The sovereign fund designed by Zhang Chen is basically based on the structure of Temasek and GIC, and its funding comes from external reserves controlled by the State Administration of Foreign Exchange.

In fact, just a month ago, the Foreign Affairs Bureau had just registered a company called Huaan Investment in Xiangjiang with a registered capital of 100 million Hong Kong dollars, and its original intention was to maintain the stability of the financial market in Xiangjiang during the handover of Xiangjiang.

Therefore, Zhang Chen can be regarded as borrowing a chicken to lay eggs, Huaan Company was originally set up by the State Administration of Foreign Exchange, and it is a pity that it is only used to maintain the stability of the handover period, so it is better to transform it into an overseas investment company that effectively manages huge foreign exchange reserves to hedge the risks of the domestic economy.

As for whether Kyoto agrees to this plan, Zhang Chen can't care about it, he does so much, it's really not for how much money to make, but out of the responsibility of a Chinese.

It is said that if you are poor, you will be good alone, and if you are good, you will help the world, although Zhang Chen can't help the world now, but with his current achievements, at least he has the capital to speak.

As for whether the listener can listen to it, it is not something that Zhang Chen can control.

Of course, if Zhang Chen can really facilitate this matter, whether he can get Huaan's shares or not, his benefits will be great.

In society, a person's wealth and influence are directly proportional most of the time, but expanding one's influence is not only about gaining wealth.

The establishment of a sovereign wealth fund can undoubtedly greatly expand its industry influence.

The most important thing is the influence of decision-makers.

When Tang Miaomiao arrived in Xiangjiang, it was close to the early hours of the morning.

"You can really do it, you don't even come back for such a big thing as the Ebay listing, I'm tired of the past few days. Tang Miaomiao, who had just gotten off the plane, complained as soon as she saw Zhang Chen.

Tang Miaomiao is also close to summer vacation, Ebay was listed a week ago, Zhang Chen thought about it for a long time and still did not participate in Ebay's bell ringing ceremony on NASDAQ.

The important work is done before the IPO, and it doesn't matter if you go to ring the bell or not.

Especially in the next two years, Zhang Chen will have at least five or six companies listed on the Nasdaq or the New York Stock Exchange, and the IPOs of both exchanges will attract a lot of media, and it would be too high-profile to attend the IPO ceremony every time.

Don't think that there are no conspiracy theories in the United States.

Moreover, the affairs of Goryeo are equally important, and you need to make your own decisions on the spot, and the time difference between San Francisco and Goryeo in summer is thirteen hours, which is too inconvenient.

Zhang Chen sent his own plane to San Francisco to pick up Tang Miaomiao, and the two met in Xiangjiang, and then returned to China together.

The two got into the car driven by Frank, and Zhang Chen held Tang Miaomiao's hand: "I listened to Mila's report, yes, 30 times PE, up 28% in the first week, much higher than the income when Amazon was listed, and the market value is already 2.5 billion, right?"

Tang Miaomiao leaned on Zhang Chen's chest and said lazily: "Yes, the NASDAQ has been crazy recently, Yahoo's market value has exceeded $20 billion, and Amazon has doubled in the past two months, by the way, now Yahoo is paying $30 million to buy your TIPS, can you sell it or not?"

Zhang Chen is quite amused, this website that has been abandoned by himself for a long time has gained hundreds of times more traffic after being set as the default navigation page by iCom, Yahoo is now rich, and wants to buy everything, and has just spent another $600 million to buy a streaming company, but he refused to spend a million dollars to buy Google, I really don't understand what their strategy is. (Note 1)

"I've also seen Yahoo's inquiry, let's put it first, I now find that iCom and tips are still a good match, iCom is doing very well in the female market and the non-professional market, and this part of the population happens to be the target customers of tips. With the expansion of iCom shipments, the traffic of tips will be higher and higher, and it is a bit of a loss to sell now. Zhang Chen didn't care, he really didn't lack this money now.

Tang Miaomiao didn't care, now she only had the little man beside her in her eyes.

Zhang Chen hugged Tang Miaomiao's soft waist, smelled the hormones emanating from the girl in his arms, and couldn't help but feel a little uneasy, reached out and pressed the button next to the car door, raising the privacy glass.

"What do you want to do?" Tang Miaomiao hugged Zhang Chen's neck, biting her lip, and her eyes were full of spring water.

"you. Zhang Chen hugged Tang Miaomiao's back and kissed her roughly.

Tang Miaomiao struggled twice, but had no choice but to let it go.

Lips parted, Tang Miaomiao blushed and slapped Zhang Chen, "Are you crazy? This is in the car, and there is someone in front." ”

Zhang Chen rubbed Tang Miaomiao's plump and delicate body, buried his face in the place of the peaks and mountains, and said vaguely: "It's okay, there is a privacy glass, I can't see it." ”

Tang Miaomiao was also made a little gasp: "Let me tell you something." ”

Zhang Chenzui was not idle at all, and said vaguely and perfunctorily: "You say, you say." ”

Tang Miaomiao gasped twice: "My family knows about the two of us." ”

Zhang Chen didn't react for a while, "Hmm... If you know it, you will know ... What did you say? Got it!?"

Zhang Chen's bath fire was mostly extinguished at once, Tang Miaomiao looked at Zhang Chen's face and smiled straight down, "Haha, look at you like that, are you scared?"

This news was too sudden, if you want to say that you are not nervous, it is fake, but Zhang Chen understands that of course he can't hesitate in front of the girl at this time, so he has to pretend not to care and said: "If you know, you will know, sooner or later you have to tell them, by the way, how did they know?"

As soon as Tang Miaomiao saw it, he knew that Zhang Chen was holding on, and wrinkled his nose: "Hua Zhongzhao was sentenced to eighteen months in prison, and his father Hua Wenge came to my house to make trouble, so my second uncle sent someone to investigate." The fact that the two of us are together can't prevent someone with a heart at all, and it's easy to find out. ”

Zhang Chen was slightly nervous: "Then what do our parents say?"

Tang Miaomiao was slightly resentful: "My dad is fine, but my mom was sad at that level, first scolded me, and then asked me to hurry home." ”

Zhang Chen said carefully: "Do you want me to talk to our mother in person?"

Tang Miaomiao kissed Zhang Chen on the face: "I have to talk, but not with my mother, but with my grandfather." Now this matter is a bit of a big deal, my dad told me that my grandfather asked you to find a time to meet him in the near future. ”

Zhang Chen chuckled in his heart, huh?

There will be a double shift today, but there is a date in the evening, which may be late.

Seriously, everyone likes to watch it, just subscribe, you don't have to give a tip, really, it's not pretending.

If you really want to help, vote for a recommendation and add a book list, and the author will be grateful.

Note 1: In the first few years of the nineties and early two millenniums, many acquisitions were incomprehensible, and can basically be classified as dizzy spending money, not only Yahoo, but also AOL and even Microsoft at that time had a lot of inexplicable investments.

(End of chapter)