My Age of Investment

   Chapter 932

  New York, Waldorf Astoria Ballroom.

  Xia Jingxing in a suit and leather shoes stood in the crowd and talked, holding a glass of champagne.

  "Dalun, what do you think of the recent subprime risk?" a middle-aged white man with meticulous hair care suddenly asked.

   Hearing this, everyone around stopped the discussion and focused on Xia Jingxing, even the banquet hall suddenly became much quieter.

  Subprime mortgage is a hot financial topic recently. Everyone is paying close attention to it. At the same time, we are also looking forward to what Xia Jingxing, a Wall Street star, thinks about subprime mortgage.

Xia Jingxing smiled and looked at the middle-aged white man who asked the question. This person has just greeted him and introduced himself. The other party is the new LP of Lixia No. 2 Fund and the New York State Mutual Pension Fund, the third largest pension fund in the United States. Chief Investment Officer.

   "Everyone is now talking about the main reason for the risk of this subprime mortgage is the rising interest rate in the United States and the continued cooling of the housing market, but I think this is only a superficial reason."

  Xia Jingxing looked around and continued: “The internal cause is excessive financial innovation, excessive speculation by market participants, and all the derivatives built on sub-prime mortgages are enough to buy a few United States.

  Now these toxic assets continue to spread like an infectious disease, beginning to spread to the stock and foreign exchange markets, and then the economy may deteriorate, and the number of unemployed people will further increase. The risks that have not yet been exposed are far greater than the risks that have already appeared. "

The investment officer of the retirement fund nodded and asked: "What do you think of the recent series of rescue actions by the central banks of the Federal Reserve, Europe, Japan and other countries?"

  Xia Jingxing was expressionless. In the past few days when he came to New York, the central banks of various countries led by the Federal Reserve finally took action. They are continuously injecting capital into the banking system. Hundreds of billions of dollars have been smashed in, temporarily alleviating the tension in the liquidity of the financial market.

  However, financial institutions are very wild and play a lot. The risks disclosed at the moment are just appetizers. When the financial report is released after a while, it is destined to bring major surprises to the market.

In addition, although the Fed was aware of some problems in the financial system at this time, it believed that the risks were not serious, and it was also worried that excessive money supply would lead to inflation, so it still maintained an interest rate of 5.25% and did not immediately offer to cut interest rates. The trick.

  So, the current determination to rescue the market is not thorough and firm enough.

  But he did not want to make too many high-profile remarks, so as not to attract too much attention.

   Therefore, he replied stubbornly: "Although the rescue has achieved certain results, I still feel not optimistic about the market outlook."

  The investment officer of the retirement fund intends to continue to ask, but Xia Jingxing has already changed the subject before him: “Today is the appreciation banquet for the successful end of the fundraising work of the Liqiu No. 2 Fund. Here I want to thank all LPs for their trust in Envision Capital.

  Although the capital market has been turbulent recently, as the helmsman, Envision Capital will do our best to steer this ship and help everyone complete asset hedging and strive to rise against the market. "

  People around them applauded. No one thinks this is a polite remark. The vision and investment level of Envision Capital is obvious to all. Outperforming the broader market index is the most basic.

  After saying a few words in the scene, Xia Jingxing suddenly saw a few acquaintances, so he smiled and said sorry to the people around him, then turned and walked towards a few old acquaintances.

   "Jingxing, congratulations! Lixia II Fund successfully raised 3 billion US dollars, which is really amazing!"

  Liu Jinhang smiled and looked at Xia Jingxing, who was walking fast, his eyes full of appreciation.

  He can be regarded as a full witness to how Envision Capital has grown from a US$36.25 million asset management scale to today's tens of billions of asset management scale, and even has a place on Wall Street.

  Now that the other party gave an order, countless LPs obediently offered funds.

  No longer need First Securities to act as a financial advisor for them.

   "Mr. Liu, I didn’t expect that you would even run a trip in person, and you would miss a long way to welcome you."

  Xia Jingxing smiled and looked at the old Liu. He and the other party hadn't seen him for a while, but he was still more grateful to the old man in front of him, because the other party gave him a lot of help when he just started his career.

  Although these help are somewhat utilitarian, society is like this. Everyone pays attention to helping each other. If you give unilaterally, it will not be able to maintain a long-lasting friendship.

After exchanging a few words with old Liu Tou, Xia Jingxing greeted Robert Wallace, the chief investment officer of the Stanford University Endowment Foundation, who was standing next to him.

  "Daren, good job. The outside world said that Stanford only gave birth to Internet upstarts and could not cultivate a financial crocodile. Your appearance successfully eliminated this kind of rumors."

  Robert smiled and clinked glasses with Xia Jingxing, then whispered: "Principal John also asked me to bring you a message, and would like to invite you to come back to school to give a speech later."

  "Speech?" Xia Jingxing asked.

  Robert smiled, "Yes, how is it? Do you have time?"

   "I need to check the schedule. If there are no other arrangements, I would be happy to go back to school and have a look."

  Xia Jingxing smiled and replied, now Stanford is a major customer of Envision Capital, and Stanford’s alumni resources are a big gold mine, and it is necessary to maintain good relationships.

  Robert smiled with satisfaction. With the relationship of alumni, it is natural to make good use of it to deepen and deepen the relationship between each other.

  Nowadays, Envision Capital has fully proved its strength, and the Stanford University Fund has decided after research to continue to increase its investment in Envision Capital.

  The two were chatting. Suddenly, a middle-aged Chinese man with a Mediterranean hairstyle slammed close to Xia Jingxing and shouted with joy: "Mr. Xia."

  Xia Jingxing turned his head and said with a smile: “It’s Mr. Lin! You also subscribed for the Liqiu No. 2 Fund?”

  Seeing that Xia Jingxing still remembered himself, President Lin was very excited, holding Xia Jingxing’s hand and thanked him.

   "Mr. Xia, you are our great benefactor! I have always wanted to thank you in person, and today I finally found an opportunity."

  Xia Jingxing was stunned when he heard it. What does this mean?

  He remembers that the Lin in front of him is always one of the seven personal LPs introduced by Liu Jinhang. It seems that he was still asking various questions at the beginning? But the other party finally invested US$2 million in the Lixia No. 1 Fund, which is the most invested among the group of San Francisco Chinese wealthy.

  Liu Jinhang saw Xia Jingxing’s bewildered face, and explained: “Lao Lin encountered something the year before, and sold his Chinese restaurant that had been open for more than 20 years, and people also went abroad to hide from debt.

  Some time ago, people from your company found him and told him that the Lixia No.1 Fund had distributed him 116.7 million U.S. dollars, leaving him with tens of millions of U.S. dollars after paying taxes.

   So he returned to the United States to receive the dividend, bought the Chinese restaurant back, and repaid all debts, and his wife remarried him. "

  While talking, Liu Jinhang laughed himself. It was such a magical illusion. A single investment changed the destiny of a person and a family.

  Old Lin was forced to desperate, but the Lixia No.1 Fund’s large dividends suddenly hit, which is equivalent to winning a 100 million lottery.

  Many onlookers who were close by heard such a bizarre story, and their eyes widened, and immediately began to express feelings about Lin's good destiny. When meeting Mr. Xia, investing in Vision Capital was regarded as the greatest fortune of his life.

  Now there is no need to hide from debts everywhere, the lost properties are bought back, and the rest of the life will have no worries.

  Xia Jingxing thinks Mr. Lin’s experience is of great publicity value. If the story is processed a little bit, you can consider making a movie.

  In the voice of everyone's emotion, President Lin suddenly took out a car key and patted it in Xia Jingxing's hand.

   "Mr. Xia, I don’t know what you like. I heard people say that you like cars. I also invested in a car company. I simply bought a car as a gift for you."

  Xia Jingxing took a look and found that it was a Rolls-Royce, and quickly declined.

  Mr. Lin’s attitude is very firm, and Xia Jingxing must accept it, otherwise his conscience will be overwhelmed.

  Xia Jingxing actually understood the other party’s psychology. He had lost all hope in life. As a result, Envision Capital created a super high return on investment and saved him.

  From **** to heaven, it’s almost like a dream.

  I was really stubborn, but Xia Jingxing reluctantly accepted the gift.

  Seeing this scene, whether they were Chinese or white people, they were amazed, and made up their minds to share this story with friends around me when I looked back. I didn’t even dare to write a novel like that, but it appeared in reality.

  (End of this chapter)