Chapter 97: Financial management on behalf of customers

The middle-aged man's name is Tang Zhi, which sounds quite loud.

Fan Wubing had never asked about his real name before. When he saw him, he was so angry that he screamed. He never wrote a name on the contact information he gave him, it was just a string of phone numbers.

The reason for this is probably because they belong to a group of people who perform tasks specifically. If they are involved too much with local people, it may cause inconvenience.

However, this time the middle-aged man obviously wanted to have some in-depth cooperation with Fan Wubing, so he not only reported his name to him, told him about his own department's situation, but also made his request this time with Fan Wubing.

"Trust-invested financial management?" After hearing Tang Zhi's words, Fan Wubing first thought of such a noun.

Tang Zhi didn't quite understand and asked, "Trust Financial Management?"

"Oh, that's probably what it means." Fan Wubing patted his forehead and explained to Tang Zhi, "This practice is not available in China, but only abroad. Entrusted financial management is to let professional managers accept the entrustment of the asset owner and operate and manage assets on their behalf to achieve the appreciation of the entrusted assets or other specific goals."

"Oh, that's what I mean, it's similar to what I think." Tang Zhi nodded after hearing this.

General entrusted wealth management refers specifically to entrusted wealth management in the securities market, that is, investment banks, as managers, raise and manage entrusted funds with independent accounts, invest in a combination of stocks, funds, bonds, futures and other financial instruments in the securities market, and realize the value-added entrusted funds or other intermediary business for specific purposes.

According to the purpose of entrusted investment, it can be divided into value-added account financial management and special account financial management. The former focuses on the appreciation of entrusted assets, while the latter is for achieving other specific investment purposes.

In China, there is no clear concept of this approach at present. Even in the securities industry, there is no entrusted financial management practice for the time being. Instead, there is an occasional financial management situation between private individuals, but they are basically friends with close relationships. Otherwise, if you hand over a lot of money to others, I believe that not many people are willing to do this.

"How come you suddenly remembered this?" Fan Wubing was a little surprised.

Strictly speaking, this kind of thing is a bit of a policy obstacle.

Because recently, Boss Zhu has been cracking down on disorderly competition in the financial system, especially against illegal fundraising by individuals and irregular behaviors between some banks, the crackdown is very tough.

Tang Zhi ran over to ask him for entrusting financial management at this time. What does it mean?

Seeing that Fan Wubing was a little confused about his behavior, Tang Zhi had to tell him the whole story, "When you rescued Wu Zhi in Japan, you gave our department a large amount of rewards. This matter was brought from that."

At that time, Fan Wubing stood up for Wu Zhi and went to Japan to rescue him. Because he was not familiar with the place, he asked the security department for help and gave a reward of 200 million US dollars. Although most of this large amount of money was included in the account of the Ministry of Security, Jiang Lue felt that the local security department in Shanghai was also relatively tight, so he left Tang Zhi 30 million US dollars as the source of their overseas activities for this period of time.

This was originally a good thing, but later Jiang Lue felt a little regretful. The amount was a bit too much. He felt a little distressed when he gave it to Shanghai. However, since he had already made it absolutely, it was naturally not easy to take it back. So he told Tang Zhi again that he would definitely not invest money here within three years, so that they could save some money on their own.

This made Tang Zhi a little nervous. He usually paid for the actual reimbursement of any actions they had. How much money they spent and how much they finally wrote off, there was no need to consider other things. However, Jiang Lue did this now, it seemed like they were letting themselves fend for themselves.

"I'm worried that if I encounter any major action and don't have enough money to spend, it will be troublesome." Tang Zhi said to Fan Wubing.

Fan Wubing said with some amusement and cry, "So you thought of me and let me help you make money?"

"Yes, I don't know about others, but you are very good at making money. You should be fine if you help me manage this money, right?" Tang Zhi asked.

"This matter is not simple, the key is to see how you understand it-" Fan Wubing scratched his head, not knowing how to explain the tricks to Tang Zhi clearly.

If no one pursues the matter, then this is an ordinary financial management service, but if you pursue it seriously, it will be a big trouble. This is a typical embezzlement of public funds!

And if such a large amount is discovered and misappropriated, Tang Zhike will not be able to afford it.

Fan Wubing told Tang Zhi about the problem, but he laughed, "Of course I dare not embezzle public funds, but our affairs cannot be considered embezzled public funds. Our funds have always been unregulated. I have the final say in the account. No one will investigate it anymore, and there is no way to investigate it. Because our account is confidential, there are only a few people who have the right to investigate. And we also have corresponding regulations within our internal departments that do not oppose the subordinate departments to use this money to make profits for the department and provide development funds for the department. This is also a virtuous cycle, but everyone has no channels to make money and is unwilling to take this risk, so generally no one is thinking about the money."

Oh, Fan Wubing nodded, thinking that when he said this, there were no policy obstacles. After all, the security department is a very special department, and it is natural to have a little privilege. In that case, there is no need to refuse. So he said to Tang Zhi, "Okay, since you trust me so much, I can't let you down, right? I'll accept this money and report the income to you every month. If you want to use this money, just say hello to me in advance. What do you think?"

"Of course it's the best." Tang Zhi was also very happy to see Fan Wubing agreeing.

He estimated that with Fan Wubing's ability, it would be easy to double the money within one year. Even if it wasn't so much, there would always be a return rate of 30 to 40%, which would be 10 million US dollars, which would be enough for the daily operation of his own organization.

"In return, when you need us, just call us directly." When Tang Zhi left, he made a promise to Fan Wubing very happily. Once there is anything that needs to be introduced by the security department, you must not be polite.

Fan Wubing nodded, but thought to himself, when I didn’t help you with my business in the past, I also wanted to bother you when I wanted to trouble you, and when I would come to you, I still suffer a loss now!

So soon, Tang Zhi transferred his money to an account designated by Fan Wubing. After receiving the money, Fan Wubing was also considering where to invest it? His investment was very broad, but it was generally physical or overseas investment, which was not very suitable for Tang Zhi and the others. So after thinking about it, he found a problem, that is, he had not entered the mainland stock market. Now, this money can be considered in the mainland stock market.

Fan Wubing called Davis over and discussed with him where the investment would go.

However, Davis had some different opinions on entering the domestic stock market. "The current stock market in the mainland is too irregular and has too strong policy. Without the influence of news, it is simply a muddy water. I think it's better not to spend that effort. If you really want to help them invest, developing the real estate market in Shanghai is a good choice."

"In terms of real estate, I don't want to touch it, at least I don't want to touch it at this time." Fan Wubing shook his head. Of course, he knew that there was no risk in investing in the real estate market, but for personal reasons, he was still unwilling to get involved in the domestic real estate industry at this time. He would rather acquire a hotel overseas than build a house in China.

In the current domestic stock market, there is 100 million yuan of funds that can easily manipulate the stock price, not to mention the 30 million US dollars that Tang Zhi gave to Fan Wubing, which is more than 200 million yuan, which is enough to be a smooth landlord.

Fan Wubing said to Davis, "You immediately set up a research institution for the domestic stock market and come up with an operation plan. Be careful not to have too big goals. Just make 200% of them. If there are too many, it is easy to attract attention. The main direction is to start from asset restructuring. Companies with poor performance are the areas we need to pay attention to."

"Oh, I understand this, boss." Davis followed Fan Wubing through the battle formation for a long time and naturally understood Fan Wubing's operation method. He immediately agreed when he heard this.

The domestic stock market is still relatively small, and the current speculation techniques are also very simple, basically the same as migrant workers' work. Generally speaking, it is necessary to slowly absorb a stock with poor performance first. It is best to release negative news about it and suppress the stock price as much as possible. After the absorption is completed, it is necessary to package it. Generally, it is to create some restructuring news, which may be true or false. Anyway, it is to reduce your own costs in the ups and downs of the stock price. After the restructuring news is implemented, it is to raise the stock price all the way. When the expected goal is achieved, it needs to see if anyone takes over.

If a large dealer thinks that this stock still has a lot of room for growth, then you can reach an agreement to change the dealer and retire within a few days. If it fails, you must strategically prepare for the withdrawal.

In short, if you are not too sarcastic, it is easy to make a profit of 200%. If you insist on competing for the highest-priced stock in China, it will not be of much significance.
Chapter completed!