Chapter 239 Hundreds of Billions of Private Placements!

Same as the first fund.

This time, the ‘Yuhang No. 2’ fund still chose the offline subscription method, and the subscription time was limited to September 27 and September 28. After two days, whether the fund has raised enough funds or not, the subscription channel will be closed and enter the closed operation stage.

At 8 o'clock in the morning, it was not yet time to go to work.

Countless large investors gathered at the Jinmao Tower where Yuhang Investment Company is located.

At 9 o'clock, when Yuhang Investment Company officially began to accept subscriptions for the ‘Yuhang No. 2’ fund, the entire Yuhang Investment Company, hundreds of square meters of office space, were already crowded with investors who heard the news. At the same time... under the fund share subscription contracts, millions and tens of millions of funds continued to flow into the fund custody account of the ‘Yuhang No. 2’ fund product.

At 10 o'clock in the morning, under the enthusiastic investors swarmed to subscribe.

The share sales of the ‘Yuhang No. 2’ fund exceeded 1 billion in just one hour, and the average subscription share of each investor reached more than 5 million.

At 11 a.m., two hours after the sale of the ‘Yuhang No. 2’ fund, its fund sales share exceeded 1.8 billion, with more than 500 investors subscribing, and several elevators in the Jinmao Tower were blocked. The entire Yuhang Investment Company was still crowded.

At 12 a.m., the ‘Yuhang No. 2’ fund was on sale for three hours.

Its fund sales share reached 2.5 billion, and the number of subscribing investors approached 1,000.

At noon, when everyone realized that the fund sales had exceeded half and it was very likely that it would be full in the afternoon, many people did not even want to eat lunch in order to queue up for a number, for fear that they would leave and come back and no longer have the opportunity to subscribe to the ‘Yuhang No. 2’ fund product.

Even as time went on, the corridors of the entire office area of ​​the Yuhang Investment Company were full of people.

And all of these people are high-net-worth investment groups with assets of more than 10 million yuan, and elites from all walks of life.

"Too shocking!"

As a local financial media reporter who heard the news and followed up the interview, Huang Ling looked at the scene in front of her and was extremely shocked: "This is the most popular scene I have ever seen. It is more exaggerated than the crowded scene at the train station during the Spring Festival. I never thought that... these wealthy people with assets of at least tens of millions would fight desperately to buy a fund product."

"This is the charm of wealth!"

Behind her, another man who was carrying a camera with difficulty sighed: "Alas, it's a pity that I can't take out one million and can't reach the threshold. Otherwise, I would also grab this subscription quota. That's the 'wealth road'! Tenfold performance growth in one quarter is simply a miracle."

"I can't take out one million either." Huang Ling smiled and continued, "But I know that the news we collected today should be popular."

She has never seen such a hot investor subscription scene.

Then, I believe that many other people in the market have definitely not seen it either.

In this way, the unexpected news effect will definitely be achieved after they broke the subscription scene of Yuhang Investment Company's 'Yuhang No. 2' fund product, and it will definitely cause heated discussions in the market.

"I hope so!" The sweaty man carrying a camera responded, "After all, we squeezed in with great difficulty. If we can't make it popular, it would be a big loss."

While the two were talking, 1 o'clock in the afternoon had arrived.

After an hour's rest, the subscription work for the 'Yuhang No. 2' fund product continued.

I saw...

At 2 o'clock in the afternoon, the sales share of the 'Yuhang No. 2' fund product had exceeded 3.4 billion.

At 3 o'clock in the afternoon, the sales share of the 'Yuhang No. 2' fund product broke through 4 billion, and there was only 1 billion left to the full quota.

At this time, the investor group gathered in Yuhang Investment Company did not see a significant decrease.

At 4 o'clock in the afternoon, the sales share of the 'Yuhang No. 2' fund product broke through 4.5 billion, and the total number of investors who subscribed exceeded 2,000.

At 4:47 pm, at the time point of 6 hours and 47 minutes after the subscription of the fund product "Yuhang No. 2" was opened, the 5 billion established fund shares were subscribed. From this moment on, the fund product "Yuhang No. 2" was closed and entered the lock-up period.

Then, many investors who failed to obtain the subscription rights for fund shares returned disappointed.

And even worse...

Some investors who had previously subscribed to the fund product shares of "Yuhang No. 2" and those who failed to obtain the fund product shares of "Yuhang No. 2" offered these people a premium of 10% to 15% to transfer the subscription agreement of the fund product shares in their hands after leaving the Yuhang Investor Company.

In the blink of an eye, at the moment when "Yuhang No. 2" was officially closed.

Regarding the share agreement of this fund product, a premium of 10% to 15% was generated in the private transfer market over the counter, becoming a disguised futures product.

And at around 5:30 pm.

With the local financial media in Yuhang reporting the sales of Yuhang Investment Company's "Yuhang No. 2" fund product in all aspects, it directly triggered the domestic fund industry and even the entire financial investment community.

"5 billion fund shares, sold out in more than 6 hours after the sale started?"

Facing the news reports, some senior practitioners in the fund industry in the market were shocked beyond belief: "This is private equity, and the starting investment threshold is only 1 million. This is... too exaggerated!"

"What's even more exaggerated is that the subscription activities for this fund are still conducted offline!"

"It's so explosive! Even at the peak of the bull market, when market sentiment exploded and public funds issued products, they couldn't do it at this speed!"

"Fortunately, what was issued was a private equity fund. If the funds of 'Fortune Road' were issued as a public equity fund... the scene and the scale of the fund-raising would be unimaginable."

"Among funds with a level of over RMB 2 billion in the industry, there has not been a 'Japanese disk' in public fundraising for six years, right?"

"Let alone funds above 2 billion, even if the range is lowered to the threshold of 1 billion, there has not been a 'sun disk' in 6 years."

"Awesome! It's so awesome!"

"Yuhang Investment Company, a private equity institution, has refreshed everyone's understanding of the entire industry today. The 5 billion fundraising quota was empty in more than 6 hours. It is really unimaginable."

"Looking at the news reports, the other party also set an upper limit on the fund subscription share. An investor can only subscribe for a maximum of 10 million fund shares. This is the most terrifying thing. After setting the upper limit of subscription share, it still refreshed According to the record of fundraising time for funds of the same level in the industry, if there is no upper limit on the subscription share... I am afraid that the time for this fund to reach full bid will have to be at least two to three hours earlier.”

"A true battle to become famous!"

"The performance has set a new record in the industry, and the time to raise funds to meet the bid has also set a new record in the industry. This President Su will probably become a legend in our entire domestic fund industry."

"Hey, I heard that he is only 24 years old. It's just... comparing people to each other can make people angry to death!"

"This is market genius. Ordinary people have no way to compare with it."

"However, 5 billion funds is already considered a large amount of funds. Fund investment at this level can no longer be mainly short-term. In the future, Mr. Su, will he be able to make this new fund the first?" The performance level of a fund is still quite doubtful.”

"There are doubts, but it does not affect the expectation that he is at the height of his power in the minds of market investors at this moment!"

"Do you know the market premium of the over-the-counter transaction of the 'Yuhang No. 2' fund that has just been closed? In just a moment, it has soared to about 15%. It's simply...a 1 million fund. If you sell the share subscription agreement in a few hours, you can earn 150,000!”

"If it is a 10 million fixed-price share subscription agreement, if it is resold, you can earn 1.5 million, which is directly equivalent to an ordinary commercial house of nearly 100 square meters in Yuhang."

"Holy shit, is it true? The fund that has just been closed has been speculated into futures in the over-the-counter market before a position has been officially opened?"

"What is true cannot be fake, what is false cannot be true! Many investors who have not subscribed for the shares of the 'Yuhang No. 2' fund are purchasing share subscription contracts for the 'Yuhang No. 2' fund at a premium of 10% to 15%." ”

"Isn't this outrageous? Is this money so easy to make?"

"Looking at industry news forums, this actually happened. There was even an investor who completed such a transaction in less than five minutes after leaving Yuhang Investment Company after the 'Yuhang No. 2' fund was closed."

"Moreover, if you look at the online investor forum, those who are all seeking to purchase the 'Yuhang No. 2' fund share contract, the highest premium has already reached 18%!"

"Outrageous, simply outrageous..."

Under the bombardment of the news that "the new fund issued by Yuhang Investment Company went blank for more than 6 hours"; in the hot topic discussion of "after 6 years, the industry's first 5 billion private equity CD-ROM appeared"; The entire domestic fund industry practitioners were extremely shocked and exploded in their outlook.

The retail market at this moment...

Everyone is spreading rumors about everything that happened inside the "Yuhang Investment Company" today.

Outside the venue, especially among the investors who had successfully subscribed to the ‘Yuhang No. 2’ fund, everyone was even more excited and extremely excited at the moment.

Everyone thinks that they have obtained the code of wealth.

Even within the upper-class elite circles, many people have posted the share contract for subscribing to the "Yuhang No. 2" fund product on their WeChat Moments, considering it something worth showing off.

all in all……

With the net value performance of the ‘Yuhang No. 1’ fund as a benchmark.

Both retail investors and large investors have raised their expectations for the future performance of the 'Yuhang No. 2' fund and have great expectations for this newly launched fund.

At the same time, as the fund manager, he is also the number one fund manager of two major funds.

Su Yu's reputation and reputation have been rising rapidly in the entire domestic private equity fund industry, as well as the entire domestic financial investment community, and he has become famous.

“You see, some people have already hailed you as ‘the number one performer in the private equity industry’.”

Amidst the overwhelming news and publicity, Li Meng flipped through various topics about the company and Su Yu in the home they shared, turned his head and glanced at Su Yu next to him, and said with a smile: "You are now in the domestic financial world. , is no longer an unknown person. I really didn’t expect that we could reach where we are now in just a few months.”

After the successful fundraising of the ‘Yuhang No. 2’ fund.

The amount of funds they manage is basically approaching the 10 billion mark.

With a fund volume of 10 billion, it ranks among the top in the current domestic public funds, let alone the domestic private equity sector.

"What do you mean by 'No. 1 in performance'?" Su Yu smiled. "Reputation is sometimes just a burden. The higher it can praise you, the more badly it can bring you down when you fail. The reason why we have been so successful in the fundraising of 'Yuhang No. 2' Fund is based on the outstanding performance of 'Yuhang No. 1' Fund."

"But a high starting point means high expectations."

"If we cannot achieve the same outstanding performance as 'Yuhang No. 1' Fund in the fund management of 'Yuhang No. 2' Fund."

"Then, what awaits us in the future will be the lack of confidence of investors and the 'Waterloo' in the development of the company."

"The financial market is a place where wealth myths and miracles are created!"

Su Yu sighed, paused, and said, "But at the same time... it is also a place where myths and miracles are annihilated. Our later tasks and the burden on our shoulders are much heavier than before."

In his opinion...

Private equity funds are indeed a large network of interests.

But the premise is that as the operator of this network, this network must continue to generate benefits and benefit all investors involved.

Then, as a trader, you can use this network to your heart's content and make use of the connections in this network.

Use these investors to work for you.

If you cannot make this network profitable and cannot allow the investors involved to obtain tangible benefits, then you will naturally be bitten back by this network, fall from the clouds and fall into the quagmire.

"Yeah!" Li Meng responded, "I do feel that the burden is heavier. The foundation of our current situation is supported by extremely profitable performance. If the subsequent... once our fund performance becomes mediocre, then naturally the development of our company will also become mediocre."

"Whether it is entrepreneurship or investment, it is like sailing against the current. If you don't advance, you will retreat!" Su Yu said, "So, even if it is a private equity fund of 10 billion, there is nothing to be proud of. After all, what we are in charge of is not the company's own funds, and we still have a long way to go... "

Resurrecting a new life, with nearly ten years of historical memory and financial market trends.

What he wanted was not just a private equity company worth tens of billions of dollars, but an achievement he had never achieved in his previous life, to build a "financial empire".