My Age of Investment

  Chapter 518 Funds borrowing (seeking monthly pass)

  Investing in car power batteries, Xia Jingxing intends to use the last 40 million US dollars of working capital from the Shushu Fund.

  For this, he had a phone call with Abel in Hong Kong.

   "Duck neck, you quickly prepare me 40 million US dollars, which will be used within a month..."

  Far away from his boss, Abel, who is doing his best in Hong Kong, heard this request and slammed a joke, and began to complain on the other side of the phone.

  "Boss, have you forgotten? Of the US$1.746 billion in assets under management of the Shushu Fund, there are part of eBay's restricted stocks and Focus Media's restricted stocks.

  Although our apparent assets are as high as 1.746 billion US dollars, the actual funds that can be used are not that much for the time being.

  After allocating US$20 million in Gao Ling’s capital some time ago, the cash was completely drained.

  We have to wait a few more months before the stock ban is lifted before we can sell in the market and return cash..."

  Xia Jingxing reacted, that part of the stocks of Yibei and Focus Media were all pledged by the Shushu Fund to find a financial institution for discount loans.

  Because the pledge ratio is not 100%, there is a certain difference between the actual assets managed by the Sunshine Fund and the cash assets.

  This difference will have to wait until the stock ban is lifted and sold off the market to fill the difference and become a real cash asset of US$1.746 billion (calculated based on the initial capital contribution).

   "Fuck, what's the matter?"

  Xia Jingxing feels annoyed for an instant. He has always felt that he is rich before. There are few rich people in China who are richer than him.

  But the duck neck told him that he had no money at this time, which really made him feel ashamed for the first time.

  Duck neck heard the boss's anger, hurriedly put out the fire, and reported good news: "Boss, don't worry, I recently specially analyzed the asset portfolio of the Chushu Fund.

  I found that Yibei’s stock price has risen slightly in the past few months, but Focus Media’s stock price has risen a lot, and I also read the financial statements of Frame Media, and I have great hopes of completing the gambling.

  Wait for a few months, we may be able to deposit tens of millions of dollars, or even more than 100 million dollars. "

  Duck neck finance has more than ten years of experience in the financial industry. He still has a vision. At a glance, he can see the performance of Focus Media and Frame Media are exploding, and the stock price and gambling will change accordingly.

  This reminds Xia Jingxing that Chen Hong told him some time ago that Focus Media has already started to discuss the merger plan with Juzhong Media.

  Frame Media sells its identity to Focus Media, but it has actually tilted the balance of victory to Focus Media.

  If Juzhong Media first acquired Frame Media, this battle might still be able to go on.

  But Gathering the crowd is late to go public, and there is no money and no capital to acquire a framework for media, one step behind the other, step by step.

  If you don’t merge, just wait for Focus Media to slowly hammer to death!

  In any case, this is great news for Focus Media. The stock price will skyrocket if it unifies the domestic elevator building advertising industry.

  For Envision Capital, it is also good news.

  Because they have a lot of stocks in Focus, after Frame Media completes the bet, Focus will issue additional stocks to Frame Media shareholders headed by Vision Capital to complete the merger and acquisition transaction.

   "Okay, I know, I will think of another way."

  Xia Jingxing was about to hang up, when she suddenly remembered Zhang Sanshi, she asked a few more questions.

As the manager of Chushu Fund, Ya Neck is very clear about the movements of its sub-funds. He briefly reported on Zhang Sanshi's situation to Xia Jingxing.

"We invested 20 million U.S. dollars, and Zhang Sanshi went to the Yale University Foundation to raise 10 million U.S. dollars, and initiated a second fund with a management scale of 30 million U.S. dollars. Still focusing on the secondary market, we are building positions on Baidu, Google, Amazon, and Apple. Waiting for several Chinese and American technology companies..."

  Xia Jingxing listened carefully. As expected, it is Zhang Sanshi. There is still a set of stock selection.

   "Okay, I see, so be it!"

  Hung up the call on Duck Neck, Xia Jingxing gave Chen Hong another call.

  "Brother, help me!"

  As soon as the call was connected, Xia Jingxing seemed to be a different person, becoming very skinny.

   is so familiar, Chen Hong knows Xia Jingxing's routine very well, and immediately interrupted, "Okay, don't adjust the first and then promote the one. If you have anything, just say it!"

  Xia Jingxing laughed "hahaha", "I'm not investing more in projects recently, and I'm more nervous."

   "You know too!"

  Chen Hong can be regarded as catching Xia Jingxing’s "vulnerabilities" and began to tease, "Do you know how you are evaluated in the investment circle now?"

  "Speaking of listening, do you praise my superior vision? I'm tired of listening to these."

  Chen Hong choked half to death on the other end of the phone, I have never seen such a brazen person!

  Take a deep breath, adjust the breath first, and Chen Hongcai slowly said: “They say that you have no rules in investing. You can only invest in the Internet in the past. It still belongs to the TMT field.

  Now even mobile phone glass factories, foundries, and mold factories are not let go, and they will become "a generation of industrialists" in the future. "

  "Industrialist, is this complimenting me? I like this title, after all, industry can rejuvenate the country!"

  Chen Hong did not have a good air, "Are you really ignorant or fake? They are sarcastic. They invest in industries with no potential and slow growth.

  I know that industry rejuvenates the country, but the technical strength of these domestic factories is really not flattering.

  They say that you become an industrialist, just like you become a shareholder in stocks, and it is also called "deep hold". "

  Xia Jingxing is not angry, does his investment philosophy need someone to comment on it?

   "Well, that's the same sentence, let's wait and see."

  Chen Hong smiled and said, "Hey, your temper, but good, stick to your own path!

  But let me be honest, you'd better control the investment rhythm of the factory.

  Some good people have counted that you have recently invested in and acquired ten factories at a cost of 402 million yuan, plus 111 million U.S. dollars. All converted into U.S. dollars, it is 160.81 million U.S. dollars.

  This is all invested by mobile phone industry M&A funds, right? Two-thirds of the assets under management of USD 250 million have already been invested. "

  The mobile phone industry M&A fund and the mobile phone company are financially independent. Although Hanergy invested 10 million US dollars and is a minority shareholder of the mobile phone company, Chen Hong is not particularly clear about the mobile phone fund.

  Originally, Hanergy Investment was going to act as the financial advisor for the mobile phone industry M&A fund, but the mobile phone fund moved too fast. Hanergy Investment is still helping to screen the target. Most of the funds have been invested here.

   However, Chen Hong is generous, and he did not come to Xingshi to inquire, but he really feels that the investment rhythm is a bit too vigorous and easy to step on.

  If he hadn't had a better chat with Xia Jingxing, he wouldn't be too lazy to say these "unfaithful advice".

  Xia Jingxing chuckled dryly, “Brother Chen Hong, let Han Nengbai prepare it. I’m sorry for you.”

  "Sorry to talk about it. People in the company are idle and idle. Going out to find projects, regardless of success or failure, is better than staying in the office.

  Furthermore, we are not only cooperating with mobile phone industry M&A funds, but we are also helping to find the projects needed by Bailu and Jingzhe funds. "

  Xia Jingxing gave an "um" and said with a smile: "We have a deep strategic partnership. As long as it is a good project, whether it is a traditional industry or TMT field, early or mid-to-late stage, or even listed projects, Vision Capital will invest!"

"Yeah, so don't be so polite. You have a chance! You said you want to borrow money. What kind of money do you want to borrow? The mobile phone fund has nearly 100 million dollars, the Bailu fund has 150 million dollars, and the Jingzhe fund has nearly 140 million. Dollars, will you be short of money?"

  Xia Jingxing smiled, "How do I feel that you know the assets of Envision Capital better than me?"

  Chen Hong coughed, “It’s not a secret. Use the scale of each of your funds to raise funds and subtract the projects invested, won’t the results come out?

  I will take the calculated results to educate our employees and urge them to work more actively.

   Guarding such a big golden rice bowl, there is no more rice. "

  Sighed on the other end of the phone, "Hey, excluding Ali's 700 million U.S. dollars, you have invested 572 million U.S. dollars in the first half year since you returned to China, which is nearly 600 million U.S. dollars.

  This does not include your film and television copyright funds, business incubators, and the 500 million US dollars of mobile phone companies. "

  Xia Jingxing went down the ramp, "Yes, so I feel that I have been short of money recently. All funds are investing very quickly. If this continues, I will have to run out of food this year."

  "Then you are not paying attention, and the food is out of stock. It means that you will be fully transferred to post-investment management. You are not so active in the market. Everyone can't remember you.

  It is very necessary to do venture capital and maintain appropriate market activity.

  Rather than blasting out the bullets all at once, in the next few years, if you see people shooting there, your impression in the eyes of the media and entrepreneurs will be blurred, and you will lose the new good projects that were born in the next few years. "

  Xia Jingxing knew that the other party was teaching experience, and said with a smile: "Okay, thank you for your guidance, then I will save some bullets."

   "That's right, you first straighten out the recently invested projects. In the first half of this year, the frequency of shots should be appropriately reduced. In the second half of the year, Envision Capital will be a vigorous man again!"

   Xia Jingxing echoed: "That's right! But ATL intends to enter the field of automotive power batteries, and there is still a shortfall of 40 million US dollars.

  You told me to save a little bullet, then I can only borrow money cheeky. "

  "How much to borrow?"

  Chen Hong did not hesitate much, his voice was very steady, and he was mentally prepared to support him.

  Xia Jingxing knew that the other party would be wrong, and explained with a smile: “I’m not asking you to borrow it. I want the mobile phone company to borrow 20 million U.S. dollars to Envision Capital.

  After a few months, the restricted stocks of eBay and Focus Holdings held by Envision Capital are lifted, and I will pay back when I sell the stocks. "

"Oh, this matter, it's simple. Don't say you borrowed 20 million US dollars. Even if you borrowed 200 million US dollars, I won't frown. You are a major shareholder. We only hold 1.6% of the shares. Toss it."

  For the management of the mobile phone company, Chen Hong has let go very thoroughly.

  At the beginning, Hanergy invested 10 million U.S. dollars, and Envision Capital invested 490 million U.S. dollars. When they jointly formed a mobile phone company, Chen Hong expressed his attitude and only participated in friendship instead of actual operation.

After   , the mobile phone company set up a 20% option pool, and Hanergy’s investment shares also dropped to 1.6%.

  Xia Jingxing smiled and said: "The size is also a shareholder, this is collective funds, I have to tell you."

   "No problem, borrow it! Actually, I haven't figured it out too much. You invested 500 million US dollars in a one-time investment for a mobile phone company. Do you plan to refinance next time?"

  Xia Jingxing replied: "Financing...There is no plan in this area for the time being, let's talk about it when the mobile phone is officially listed."

  In fact, there are still things that Xia Jingxing did not say, and did not show her strong strength. How can so many mobile phone talents bring their own food to take refuge, and they are still working so hard.

  Of course, there is indeed too much money left in the mobile phone company's account.

  Now that the strength is displayed, you can also "borrow" to use it.

  Anyway, the company spends a lot of money, and it has to wait so many years.

  It's too bad to put the bank to eat interest, or some short-term financial plan.

  The mobile phone finance department has made a fund plan before, and must divide the large amount of remaining money lying on the account into several parts, and make some financial investment in the short and medium-term.

  The plan was directly rejected by Xia Jingxing. What a joke, it was not enough to pay the interest.

  The 1.5 billion US dollars loan that he is carrying is worth more than 40,000 yuan in interest per hour.

  (End of this chapter)