My Age of Investment

   Chapter 1191 Lehman Chinese Heritage

   After sitting in Lou Wei's office for a long time, the tea was completely tasteless, and Xia Jingxing said goodbye and left.

   When he took the elevator downstairs, he began to review the situation silently in his heart.

  I came to visit Lou Wei with a bunch of materials, and got a big cake, a meal of criticism, some expectations, and a bunch of materials.

  Thinking of this, he looked down at the cowhide bag in his hand, which was what Lou Wei gave him back.

   Lou Wei didn't say what was inside, but told him to go back and take it apart and study it slowly.

   In addition, he also submitted the "Proposal for Advocacy of the Private Aerospace Industry" through Lou Wei, which can go directly to Tianting.

  The big leader is not something he can see if he wants to, and can only be handed over by Lou Weizhi.

Whether    can be passed, he is also a little uncertain.

   He suddenly felt a little regretful, why did he forget to write down the "Nantianmen Project", Luanniao spaceship carrier, Xuannv aerial drone, Chengying mecha...

  I thought about it, if I really wrote it, I am afraid that the old academician of Aerospace Science and Technology will be regarded as a fool, and the Zhan Hu Bureau has fooled into his own home.

  Playing Zhanshu, they are the **** characters, and there are a lot of good things hidden.

  Just like this, Xia Jingxing left with worries about gain and loss.

  When he went downstairs and got into the car, he curiously opened the cowhide bag that Lou Wei gave him.

   Good guy!

   Inside is also a stack of documents, with a few large characters "Lehman Chinese Heritage" written on the cover. .

The words   heritage were used.

   There is nothing wrong with it, it is true that the dead can't die anymore.

  Xia Jingxing began to examine these documents carefully.

   In the years since Lehman entered China, in addition to the successful intermediary business of investment banking, there are also many direct investment businesses, namely VC and PE.

   About HK$132 million subscribed for 7.7% shares of Kingdee;

  Invested US$10 million in Qunar;

  Invested US$200 million in Sunac, accounting for 35% of the shares;

   Established a joint venture company with China Railway Second Bureau in Rongcheng, investing 150 million yuan, accounting for 49% of the shares;

  Injected Capital Dragon Group with USD 20 million;

   holds 2,299,800 shares of Ctrip, accounting for 3.46% of the total share capital, and is one of the top ten institutional shareholders;

   holds 597,900 shares of Baidu, accounting for 1.7% of the total share capital, and is one of the top ten institutional shareholders;

   In addition, Lehman Brothers also holds shares in listed companies such as Conscience, Penguin, Kingsoft, Telecom, Netcom, China Mobile, and China Unicom.

   The stocks of these major Chinese listed companies currently held have been disposed of by the bankruptcy liquidation team appointed by Lehman’s creditors, and the realized principal and proceeds will be used to pay the creditors’ losses.

   Even if these stocks are not disposed of, Xia Jingxing is not very interested because the secondary market can buy them at any time.

   Of the many Chinese companies that Lehman directly invested in, he was only interested in equity stakes in two unlisted companies.

   Qunar and Sunac.

   The founders of these two companies have also known him for a long time. Vision Capital was a shareholder of Qunar for a long time.

   And Sunac is a new stove that Lao Sun used the money he gave him to sell himself in Shunchi, and some of his unsold assets.

   It’s just that Lao Sun is not very authentic, and he doesn’t know how to find him for financing, so he has to find the fourth largest investment bank on Wall Street.

  It’s good now, let’s not talk about it, maybe we will welcome a shareholder who is not very easy to get along with.

   Forget it, let’s help Lao Sun, who told me that I was always willing to help others.

  Thinking of this, Xia Jingxing put the documents back, asked Liu Xiaoduo to call Rao Lei, and then instructed Zhang Chenguang to turn the car around and drive towards Guomao.

   As soon as the car drove to Jianguomen, Xia Jingxing saw the third phase of China World Trade Center towering among the clouds through the glass window.

  This building was capped last year, and it was only completed a few months ago. The height of 330 meters is the highest in the entire capital. It will not be robbed of the title of the tallest building in the capital until the birth of China Zun.

  The tall and new building naturally prompted Vision Capital to think differently.

  Jingcheng Office moved from the somewhat dilapidated China Merchants Building to the brand-new China World Trade Center Phase III some time ago, becoming the first batch of tenants to settle in the building.

  Shangri-La Group, a subsidiary of Robert Kuok, as the landlord of the building, also specially sent flower baskets to congratulate on the housewarming.

  The Jingcheng Office currently only has two departments: VC Fund and Envision Entrepreneurship Incubator (Seed Fund). There are not many employees, so only the first floor of the building is rented.

  Although the building has 80 floors, the boss loves 49 floors, which is no secret in the company and the entire industry.

   Therefore, the relocation of the Beijing office means that the global offices have been unified, from New York to London, to Hong Kong Island and the Magic City, all on the 49th floor.

  Xia Jingxing does not know whether his obsession with the number 49 will drive up the rent of office buildings around the world, especially the 49th floor office buildings in the financial district.

   When Xia Jingxing took the elevator to the 49th floor of the building, Rao Lei, as the person in charge of the Beijing Office, was already waiting at the door early.

   After seeing Xia Jingxing appear, he hurriedly greeted him with a smile on his face.

   "Jing Xing, congratulations, you have topped the rich list again! Now everyone goes out to talk about business, as long as they say that the boss is you, customers will immediately look up."

  Xia Jingxing didn't expect to meet again after a few months, Rao Lei's first sentence turned out to be this, a person who used to be very honest, and now he has learned to flatter him.

   With the continuous promotion of positions, the relationship between Rao Lei and him has become more and more estranged, and there is always a sense of distance.

   Rao Lei is the head of the Beijing Office who was officially promoted a month ago, and his title is Director D.

   This ranks sixth among the nine rankings from analysts to partners within Vision Capital, which is equivalent to P6 for Internet companies.

   At the same time, this is one rank lower than Liu Hai and Jiang Ping.

   This is also impossible, who can make hedge funds perform faster.

   The VC fund in Beijing has been in operation for more than three years, and even a listed company has not yet been born, and there is no suitable reason for Rao Lei to be promoted.

   However, as long as the students from the first phase of the vision graduate, Rao Lei still has a good chance to catch up with the promotion of several colleagues in other fund departments.

   In addition, the previous head of the Beijing office, Fu Jixun, who was also Rao Lei's old leader, has now been promoted and raised his salary, and was officially dispatched to Singapore to set up an international semiconductor industry fund and open a Singapore office.

   Rao Lei welcomed Xia Jingxing into the company, and then brought the latter to the chairman's office specially reserved and arranged for him.

   The orientation and lighting of the whole office are very good, and the decoration style is simple and yet atmospheric.

   Although his boss doesn't come here often, no one dares to be sloppy on this.

After    casually glanced at the office, Xia Jingxing lost interest and sat down with Rao Lei to talk about Qunar and Sunac.

   "There is no problem with Qunar. Just a few days after Lehman collapsed, they approached us to talk, hoping that the old shareholders will take over Lehman's equity.

  I considered that our shareholding ratio is too high, and if we want to go public next, it may bring some inconvenience, so I did not agree to them for the time being. "

   "Listed?"

  Xia Jingxing shook his head and laughed, "In the last ghost market, the U.S. stock market has fallen like a bear, and even Facebook has not dared to mention the word listing in the past year.

  Don't worry, they will take over if they are willing to sell.

   On the eve of the listing, let Lehman Asia... No, let Envision Securities help sell it. "

   Rao Lei said with a smile: "If you don't tell me, I forgot, we also have our own investment bank fund now, and we can provide one-stop service!"

  Xia Jingxing smiled, what one-stop service, they are doing serious financial business.

   "At Sunac, you pay more for snacks, and if the price is right, just take it.

  I didn’t want to go to this muddy water of real estate, but the price is too cheap. "

   Rao Lei smacked his tongue secretly, too cheap? This is what it says...

   He wondered if Xia Jingxing had misunderstood the word cheap.

   Hengtai’s valuation of US$45 billion and Sunac’s valuation of nearly US$1 billion, is this still cheap?

   But then again, the current Xia Jingxing is no longer the Xia Jingxing who just returned to China more than three years ago.

   At that time, he was just an empty shell rich man with a reputation as the founder of a company with a valuation of tens of billions of dollars, and he really couldn't put out too much money in his pocket.

   And now, his worth and the funds he can control have all risen to a terrifying height in geometric multiples.

   When the global executives were in a video conference, Rao Lei actually heard a lot of news from other offices and other departments.

  Envision Capital has turned a pheasant into a phoenix, and has become a giant in the global financial market.

  Strictly speaking, it is still the most developed office in the Mainland. Compared with New York, London, and Hong Kong Island, who have invested hundreds of billions of Hong Kong dollars at every turn, and made tens of billions of dollars and pounds, they are completely younger brothers.

   On the mainland, the Beijing office can’t even compare to the securities investment fund in the capital city.

  The myth of making tens of billions of RMB and reducing holdings at a high of 6,000 points is still left in Modu Beach, which is still talked about by big A shareholders.

   The Beijing office, which is quite famous in the mainland VC industry, has thus become the most unwilling and unprofitable department within Envision Capital.

   A little sad!

   When will a VC investment myth of a hundred times and a thousand times of profits be staged, how much will it save some face?

   By the way, the office in San Francisco’s Silicon Valley is also in trouble with them, and the bell has not been ringed once so far.

  The situation of various offices and various funds within Envision Capital is roughly like this. Hedge funds are the only one, leaving PE and VC funds far behind.

  Thinking of this, Rao Lei felt that he was going to refuel. Anyway, he left the rear of the crane to Ricky Milner in Silicon Valley.

   "Jingxing, if we want to make a large-scale investment of hundreds of millions of dollars, we need to raise a new fund, and now the fund is not enough."

  Xia Jingxing nodded, "I know this, the scale of the previous VC funds and PE funds were too small, and we will soon carry out a new round of expansion."

   Speaking of this, Xia Jingxing is also thinking about the return of funds to the country.

   At present, most of the battles of the financial crisis have been played, and we are only waiting for Liu Hai, Jiang Ping, and Li Yaozu to make the final conclusion.

   After so much profit is delivered to the account, it needs to be distributed reasonably. Some of it will be invested in two semiconductor industry funds, and some will be fed back to the industrial assets of Fuxing Industry.

  The brother department of Vision Capital will also take care of it.

  Anyway, the rain and dew should be covered, and all the industries should be watered once.

   Now that the whole world is flooding, he will naturally send it again.

  Whether it is the message of Lou Wei and the big leaders behind him, or the upcoming election of Eagle sauce, or the thriving growth of giants such as Wisdom Fruit, Google, Microsoft, and Bay Power, he has a sense of urgency.

   Only by growing up quickly and making yourself strong, can you face the next strong enemy like a forest!

  Money is sometimes the most useless thing.

  It can only bring value if it is spent.

   And the most annoying thing is that sometimes money can't buy some technology and equipment.

  While Xia Jingxing was thinking, the personal phone he was carrying on his body rang.

After    connected the phone, a frustrated voice came from the other end: "Daren, where are you? For the sake of years of friendship, this time I must pull my brother!"

   Make up for the chapter that was missing yesterday, and still owe another chapter to add.

   Thank you Fengchenyun 1 book friends for the reward!

   (end of this chapter)