My Age of Investment

  Chapter 425 US dollar funds and foreign vests (3,000 words for monthly pass)

  The next day.

  Rongcheng government and Xia Jingxing signed a formal memorandum of cooperation in Jinniu Hotel.

  Duck Neck and several other vice presidents of Liqiu Fund also rushed to the signing site from Lin'an.

  Several foreigners with tall statures, wearing suit jackets on hot days, and meticulously combed hair made their appearance, which immediately increased their cooperation and compelling.

  Xia Jingxing didn't want to call Duck Neck and the others over, because the due diligence on Ari had not officially ended.

  But Ge Zhifu insisted on letting Xia Jingxing call a few foreigners to support the scene, in order to show that he was in line with international standards.

  Sitting on the stage, Xia Jingxing looked at the officials next to him, and all of them smiled. Looking at the eyes of the duck necks, they couldn't be more satisfied.

  The reporters under the stage have been slapped at the duck neck and others, but put the real boss Xia Jingxing aside.

  The corners of Xia Jingxing’s mouth twitched. The foreigner's face is really good.

  There is no way, investment attraction is the main theme of today's society, and there is no way to correct it for a while.

  Behind Xia Jingxing and several leaders, there is also a red banner hanging high: The signing ceremony of strategic cooperation between Prospect Capital and the Chengdu government!

  Vision Capital also marked in Chinese and English, which made Xia Jingxing scratch his forehead.

  But it’s not mistaken, Vision Capital is considered foreign capital.

  Of course, Xia Jingxing wants to get domestic capital, just change the U.S. dollar to renminbi, and then register a renminbi fund in China.

  This can increase foreign exchange reserves, and the country expects it to be so.

  Just doing this will be very inconvenient for the operation of the fund.

  Domestic Internet companies who want to list overseas will set up a VIE structure in the offshore archipelago. This was invented by Sina that year and has been used today.

  The U.S. dollar fund is also established in the offshore islands, and is governed by the local laws of the offshore islands together with Internet companies registered in the offshore islands.

  If there is an investment dispute, you can directly file a lawsuit in the courts of the offshore islands.

  There is also the problem of capital injection. The US dollar fund invests in a company and transfers money from the bank account of the offshore islands to the offshore bank account of the invested company.

  The invested company can transfer the money to a company registered in Hong Kong. The Hong Kong company then converts the money into RMB and transfers it to a mainland company controlled by the agreement, that is, a company that operates a website in the mainland;

  If you want to enter the overseas market, you can leave a portion of the money in your bank account in offshore islands or Hong Kong without entering the country.

  Because it is easy to get in and difficult to get out.

  Compared with RMB funds subject to foreign exchange control, this is much easier to operate.

  In addition, since all Internet companies are currently listed overseas, it is much easier to withdraw from USD funds.

  At the same time, compared with RMB funds, USD funds can enjoy certain tax benefits.

  The most important thing is to put on a foreign skin and walk in the country. Sometimes it is better to use it.

  Jack Manayu gave him a problem. The other party hoped that all the nearly 700 million U.S. dollars invested by Envision Capital in Ari would be converted into domestic capital.

   But in actual operation, it was found that only a part of the funds could be converted into domestic capital, that is, the part where Ari issues new shares.

  As for the old stocks, Fidelity Investment and GGV Jiyuan Capital's investment funds are all registered in the offshore islands, and they also hold the shares of Ari registered in the offshore islands.

  Vision Capital accepts this part of the equity through an agreement transfer, and it can only be done in the offshore islands, and there is no way to make domestic capital.

  As soon as Duck Neck arrived in Rongcheng today, he reported the news to his boss.

   Withdrawing his thoughts, Xia Jingxing buried his head, signed the contract in his hand, and exchanged with the Governor Ge, who was sitting aside, and the two sides stood up again and held a friendly handshake.

  The reporters under the stage set up long guns and short cannons, constantly capturing wonderful moments.

  After the exchange of the contract, the exclusive awards Bgm sounded in the signing hall. A beautiful courtesy lady wearing a cheongsam walked onto the stage carrying a tray, and there was also a large red book with an exquisite appearance inside.

  Prefect Ge took out the big red book from the tray with both hands and handed it to Xia Jingxing himself.

  The two spread out the big red book together and stood side by side for the reporters to take pictures.

  This is actually a letter of appointment given to Xia Jingxing to hire Envision Capital as the investment ambassador of Chengdu Tianfu Software Park.

  After completing these ceremonies, the reporters thought it was finally over and they could start asking questions. Everyone couldn't wait, and some people started to raise their hands.

  But they were disappointed.

   Ge Zhifu looked at the reporters in the audience and said in a full-fledged voice: "Ten years of trees, a hundred years of trees, and no matter how poor you are, you can’t have poor education..."

  At this time, the LED display screens behind Ge Zhifu and Xia Jingxing light up and show pictures.

  The muddy elementary school playground, the lonely rusty basketball hoop, the little kid lying on the ground playing marbles...

  The reporter did not know what he meant, and Ge Zhifu began to unravel the mystery: "Mr. Xia Jingxing is working hard in the United States, but he cares about his hometown. This time he returned to China, he hopes to contribute to the education in his hometown.

  Donated 10 million yuan of sports equipment and materials to rural primary schools in the city. "

   After all, two cheongsam etiquette ladies walked onto the stage carrying a big red sign, and the seven big "zeros" were very conspicuous.

  The reporters realized that there was still a finale.

  Ten million is not too much, compared to Xia Jingxing’s worth of "four billion US dollars", it is only a drop in the bucket.

  But it can't be said that it is less, it can still be handed out.

  A few reporters whispered to each other, saying that Xia Jingxing’s four billion US dollars was worth a little too high, and he was not listed, and there were not many funds available.

  Ten million can be considered very thoughtful!

  Xia Jingxing stood with the head of the municipal education system, took the sign handed by the lady of etiquette, put it on his chest, and stood side by side.

  Xia Jingxing held his head high, with a satisfied smile on his face.

  The head of the education system was not so satisfied. He had contacted the prefect of Ge privately, and wanted the prefect to negotiate with Xia Jingxing to exchange 10 million sports equipment and materials for money, but he was scolded by the prefect of Ge.

  After the donation ceremony is over, it is finally the reporters' turn to ask questions.

  The reporters are very familiar with the rules, and first ask Ge Zhifu.

  Prefect Ge did not have a long story. He briefly explained the ruling policy. He wanted to create a first-class business and investment environment, and welcomed all investors to invest in Chengdu. Finally, he gave his blessings to the future development of Envision Capital in Chengdu.

  After two minutes of speaking, Governor Ge thoughtfully handed over the remaining time to Xia Jingxing. He knew that the other party was doing business and needed such an opportunity for exposure and a stage for display.

  The reporter who first asked Xia Jingxing was very excited and smiled and asked: "Mr. Xia, what do you think of the business environment and investment environment of Chengdu? What is the motivation for your investment?"

  Xia Jingxing nodded and smiled: "I was born in Rongcheng and grew up in Rongcheng. I am familiar with everything here.

  At present, Chengdu is constantly working hard to develop. I believe that it will become an international metropolis in the future.

  I chose to invest in Chengdu. On the one hand, it is to return the land that nurtures me, and on the other hand, I am familiar with the environment here. "

  Speaking of this, Xia Jingxing’s voice suddenly increased by eight degrees: “Of course, the most important thing is that I think this is a city with potential and investment value.”

  The reporter asked about the specific potential and value, and Xia Jingxing answered them one by one.

  The second reporter asked: "Mr. Xia, there are a lot of discussions about you on the Internet now, and there are endless debates about whether you prefer to invest in China or the United States in the future.

  What is your opinion or response to this? "

  Xia Jingxing nodded, “The United States is the world’s largest economy, and my country is the world’s fastest growing economy.

  In the future, my investment focus will be on my country and the United States, but to invest, I need to have a global perspective, and I will also look to other regions and countries. "

  The reporter was not satisfied with the answer, and felt a little evasive, so he pointed out: “It is said that Envision Capital has invested more than one billion US dollars in the United States, and there are very few investment projects in China. What do you think of this?”

  Xia Jingxing smiled and said: "First of all, let me correct it. With the current asset management scale of more than one billion U.S. dollars in Vision Capital, a large part of the capital has not yet been invested, and a large part of the invested capital has also been allocated to China Concept Stocks.

  This is the case of hedge funds.

  As for VC and PE funds, it is true that there are more investments in US targets, but we have a large target in China that is several times larger than the sum of all US targets. "

  How big should this be?

  The reporter still wanted to ask more questions, but Xia Jingxing declined to disclose it as a business secret and was temporarily inconvenient.

  Xia Jingxing’s half-talking behavior tickled the hearts of the reporters present.

The first two reporters asked the business side very much. The third reporter asked in a different way: "Mr. Xia, there are many Internet celebrities showing love to you on the Internet. As a post-80s generation, it is another success. Entrepreneur, what do you think of this behavior?"

  Xia Jingxing has a black line. After seeing the so-called "beauty" in his father's mouth yesterday, he almost couldn't eat dinner.

  I want to register a blog account to respond, but I don’t think it is necessary, and it’s easy to be slapped by the other party again.

  This kind of thing can't be said that people slander your reputation.

  Holding on and holding on, it is easy to be misunderstood by netizens, thinking that you are a man, a celebrity, and you are so small.

  Cold treatment, without giving any response, is the best way to deal with it.

  At this time, the reporter who didn't have long eyes suddenly asked, it can be said that it gave Xia Jingxing another knife.

   Seeing that Xia Jingxing’s face was unsightly, Ge Zhifu also felt that there was something wrong with this reporter. He asked what these personal matters were doing?

  Xia Jingxing looked confused and said, “I don’t know what to show of love! On the Internet, there are many confusing behaviors of human beings.”

  Although I don’t quite understand what “human confusing behavior” means, many reporters present laughed out loud.

  The reporter who caused Xia Jingxing's displeasure wanted to follow up, but was forcedly arranged by the staff, and the right to ask questions was handed over to the next reporter.

  The following reporters did not engage in any further issues, so they asked about some of the investment strategies of Envision Capital, and also about Facebook and even Tesla.

  Vision Capital wants to open an office in Chengdu Tianfu Software Park, and plans to build a business incubator with Chengdu universities. Both of these issues are also asked.

  Faced with these reporters who didn't do anything and asked questions honestly, Xia Jingxing was very friendly and answered each other's questions seriously.

  At the end of the signing ceremony, it was almost noon.

  Ge Zhifu made a statement and invited Xia Jingxing and his team to the city’s reception luncheon, but Xia Jingxing declined on the grounds that he had to catch a plane later.

  This is really no excuse. As soon as she left the Jinniu Hotel, Xia Jingxing took Zhang Chenguang, Duck Neck and others to the airport together.

   Ge Zhifu saw this scene, secretly sighed, success without fluke.

  (End of this chapter)