The initial size is only 6 billion US dollars, and for the competent authorities, this amount of money is really just leaking through the fingers.

Fu Zhengyi originally hoped that the scale would be smaller and that the fund would not be too eye-catching, but in just half a year, the manager responsible for managing the fund understood one thing, that is, the competent department did not know how to supervise and manage.

Descendants and direct subordinates naturally need to pretend that they don't understand it often, so that once something happens, they can also use spending money to buy lessons and experience to shirk it.

Therefore, there is no such thing as a matter of facts, only whether the team is standing right or not, and whether the leader's intention can be understood......

"Xiaofu? can really get nearly fifty percent of the income in a year?"

Liu Lao's question again made Fu Zhengyi realize that he couldn't continue to think deeply, and he raised his head and said with a straight face. "The profit for the next half year may not be so high, but the expectation for the whole year should still be more than thirty-five points!"

Liu Lao was deeply shocked, and turned his face to Li Tingli. "By the way, what is the yield on the 10-year US Treasury right now?"

"Annualized 4.9 ......"

Liu Lao frowned, picked up the calculator in his hand and pressed it, and couldn't help but say in a speech. "Eight times worse! What is the attitude of your financial department towards this overseas investment fund?"

Li Tingli made a bitter face. "Uh...... Leaders feel that there is still a limited consideration to keep profits, so they are ready to reduce the scale to avoid the risk of possible profits......"

Liu Lao slammed the table and stood up. "Nonsense! It's just nonsense! Which of those overseas funds engaged in by the ministry can have such a high rate of return? Ahh

Li Tingli felt that he couldn't answer this, so he could only smile bitterly and say that the leader had the consideration of the leader, and he was only responsible for the specific handling.

"Considerations, I'm afraid they're thinking about how to explain their incompetence, right?"

was forced by Liu Lao to ask him like this, Li Tingli had no choice, and spread his hands with a wry smile. "The key is that there is no way to make a comparison! The other two overseas investment funds set up during the same period lost 17 points and the other lost 25 points, whether it was year-on-year or month-on-month, in short, no matter how they compared, there was no way to explain it; in order to avoid problems on the face, it was natural that they could only quickly reduce their scale and liquidate them as soon as possible, otherwise those subordinate overseas investment funds would not all be held accountable? This involved not one or two people, but the establishment of more than 200 subordinates and tens of billions of overseas financial assets……”

"Yes, yes, a person who works needs to be equipped with three or five leaders, but if you do this, who will dare to take the initiative to serve the country and contribute to the country in the future......?

Liu Lao sighed and sighed, and finally asked Secretary Tian to contact the financial department and make an appointment to talk about this issue.

Li Tingli stood up. "Liu Lao, being able to do things and being able to do things are two different things, you probably don't know much about the situation in the ministry, except for Zhongwei Overseas in the past two years, none of the funds that have gone to sea have made money, so the tone above is to ensure stable income, even if the interest rate of US bonds is relatively low, but there is no risk......

"There are people who can make money and know how to make money, so why do you need to downsize and liquidate?

Li Tingli said with a smile. "A total of 600 million, even if you can earn 3 billion US dollars at the end of a year, you can calculate it according to the current foreign exchange reserves, the average value is still negative, the leader's requirement is to ensure that the loss does not expand, as soon as possible to recover all the funds to go to sea, the risk is large, the return is small, and you also need to take leadership risks, no leader will not know the pros and cons......"

Fu Zhengyi opened his mouth. "A wise choice is not necessarily the right choice, especially when the difference is too obvious, the right choice is not to have such a phenomenon happen! From the perspective of leadership, this is understandable, but from my point of view, it is difficult to accept the result. But it's also tentative anyway, or simply liquidate it completely before the Spring Festival, and everyone in the province has a bad life for years......"

Li Tingli was overjoyed, but then he realized that if he really did this, although the leader in charge was comfortable, Liu Lao would definitely not be able to explain it, and he would be embarrassed for a while.

Secretary Tian, who walked in from outside, saw that the atmosphere was not right, and walked two steps quickly to the front of Liu Lao. "Old Liu, that side said that there is time to ...... now"

Liu Lao nodded, dropped the sentence 'you guys talk first' and walked out.

Li Tingli saw that Secretary Tian also brought the door intimately, and said with confidence. "Mr. Fu, the tone has been set above, and I can only go all out. I have also fought for this matter, but the height of the station is different, and the angle of observation is very different, but the leader also said that Zhongwei Overseas is really good, and there will be opportunities to continue to cooperate in the future, but at present, it is ......"

"Stability is overwhelming at the moment, and any risk is unbearable, right?"

Knowing that this is ridiculing, Li Tingli can only be sarcastic. "yes, yes, understand......"

"Well, since the tone has been set, let's send the request over as soon as possible!"

"Mr. Fu, the problem is that the leaders hope that Weizhi Technology will take the initiative to ask for liquidation and settlement......"

Fu Zhengyi was stunned, and after a while, he sneered. "I've seen shameless, but I've never seen such shameless!"

"The ministry will compensate you, isn't Jiamei Bank applying for an insurance license......?

"Swap?"

"Sort of. In the final analysis, this is also due to the overall situation, and the approval of foreign banks to expand their business scope is originally quite time-consuming, and it may not be possible to approve it......"

Fu Zhengyi was silent.

Jiamei Bank's insurance license was applied for a long time ago, but the Insurance Regulatory Commission has not approved it, and it seems that the financial department has been prepared for a long time, and all resources can be used as bargaining chips.

It was so before, it is now, and it will happen more often in the future...... 10