The year 2004 was a year of rapid economic growth for China.

At the appeal of Western multinational groups, a large amount of foreign capital poured into China to build factories.

Among them, many foreign-funded enterprises have obtained excessive profit returns by relying on abundant and cheap human resources.

After China joined the WTO, the solid economic environment was improved to a certain extent.

The best example is the advancement of state-owned enterprise reform.

The reasons why state-owned enterprises are currently encountering considerable difficulties are certainly complicated, but a very important point is that they lack competitive pressure.

In the past, all factory orders were produced according to quotas.

The image of a product may not change for more than ten years.

Old machines, old employees, and old products have become an important factor dragging down economic development.

After the influx of foreign capital, those state-owned enterprises that rest on their laurels are no longer iron rice bowls.

They had to abandon their original ideas and began to carry out technological upgrading, industrial innovation, and fierce market competition with flexible private enterprises and foreign-funded enterprises.

This also gives consumers more choices.

With the recovery of various industries, domestic demand has also been effectively stimulated.

At the same time, more and more companies in coastal areas have begun to sell domestically produced goods overseas through sea and air transportation, and the number of products shipped to various parts of the world has increased rapidly.

Made in China has become a shining business card of world trade.

Infinity corporate campus.

Office center, in an office on the top floor.

Chen Weidong closed a document, stretched out his hands, looked at the man smoking on the sofa, and said: "I heard that the securities company is doing well recently. You are also a fund manager yourself? Are you not afraid of being busy?

Don’t you want to come?”

"No, I just gave up to Lao Tan and the others. They are not freeloaders. As long as they don't make losses, that's fine."

The man crossed his legs, leaned on the sofa, and blew out a puff of cigarette intoxicatedly, without any sense of urgency like a businessman.

According to the announcement of the Securities Investment Fund Association.

Currently, all of the top ten fund companies in China have teams of more than 500 people. Among them, the number of fund managers only accounts for about 10%, which is 50 people. Therefore, the number of people managed by a fund manager is about

5-10 people.

He poached several acquaintances from Haitong Securities, plus several experienced traders from Infinite Private Equity, and formed a team of twelve people to help him manage the hybrid fund.

That's why he can be so free and have time to do what he wants to do.

Chen Weidong thought for a while and found that this was indeed the case, but he still warned: "Others using money to buy your fund are trusting you. I heard from Xi'er that the scale of your current hybrid fund has exceeded

50 billion? Then you are almost helping everyone manage their finances."

Currently, China's largest fund is China Southern Fund, which is close to 100 billion.

Secondly, there is E Fund.

With the current development speed of Infinity Public Funds, it will be a matter of time before they surpass them, but if you want to maintain the number one position, it will still be quite difficult.

Anyone with long-term investment experience knows that most fund managers are very average.

However, how can it be able to be at the top of many public funds in China for a long time without a few tricks?

Regardless of whether they are white gloves or not, they always have something special about them.

Speaking of this, he couldn't help but think of some old acquaintances from his previous life.

Judging by the time, they are either abroad now, or they have just joined the securities company...

Everything is still very early.

After that, Chen Weidong gave an overview of the intricate relationships in China's financial world.

Seeing his serious expression and tone, Chen Jie nodded solemnly: "I will pay attention. If there comes a day, I will use my own money to make up for this shortfall. It will be regarded as charity."

"Just listen. By the way, why did you come to my place today?"

Chen Weidong raised his hand and fanned himself to disperse the lingering smoke.

Usually, the third uncle would not come to his place, and he rarely even stayed in the company. He was "running around" outside almost every day, and he often couldn't find anyone when he called.

"Hi! I almost forgot about the business. Qiangzi will fly over in the afternoon. It seems that the company encountered some problems." Chen Jie bowed down hard, put the cigarette butt in the ashtray, and said quickly.

"What problems did Jingxi Company encounter?" Chen Weidong frowned.

In the past, they could discuss and resolve common matters over the phone or through internal communications, but this time Liu Dongqiang came over in such a hurry. It seemed that he really encountered some difficult problem to solve.

"I heard that a small company called Barbaria suddenly popped up in Jiangsu and Zhejiang. The boss seems to be named Jack Ma. He is doing the same business as us, an e-commerce platform. Yes, this is it."

"They rely on the extremely cheap small commodities produced by small workshops in Jiangsu and Zhejiang to wholesale and retail online. The development momentum in recent years has been very strong. In the first half of this year, the traffic has been comparable to that of Jingxi Company.

, maybe Qiangzi came here in a hurry just because of this."

Chen Jie told Chen Weidong the news he heard during this time.

The Jiangsu and Zhejiang regions are more than a thousand kilometers away from South China City. Although the Internet is now developed, many news still have a certain lag.

Moreover, most people will not deliberately ask these questions on the Internet.

Especially when it comes to the specific business development of the company and how others are doing, it is impossible for you to have a deep understanding just by relying on a few words on the Internet.

"Barbara, Jack Ma...this is a very difficult opponent." Chen Weidong looked thoughtful after listening to what he said.

After he was reborn, many things had changed.

For example, Yanhong's Baidu Company has now become Qiandu of Infinite Company.

But there are thousands of roads to business, and no matter how powerful one person is, it is impossible to block all roads. Those who are capable will eventually stand out.

"The investment department, has anyone sent anyone to contact them?" Chen Weidong continued to ask.

As early as a few years ago, Infinity Company established an M&A investment department.

Focus on investments related to consumer Internet and industrial Internet on a global scale.

In addition, it also focuses on entertainment media, consumer retail, people's livelihood education, corporate services, overseas investment and other fields.

The coverage is very broad.

The rules Chen Weidong and Lin Zeju set for them are: it is not necessary to obtain control, it is also possible to just participate in the shares, and do not interfere with the daily operations of those companies.

It is through this series of investments that Infinity Company continues to develop towards diversification.

Money will only depreciate if you keep it in your hands. Only when you spend it and convert it into assets can it gain real value.

"Yes, Mr. Liu from the investment department proposed to buy them outright for 300 million, but the other party refused. It seems that the boss of this company is really ambitious." Chen Jie lit another one.

Smoke, while sighing.

"If that's the case, it's really tricky..."

Chen Weidong also has a big head.

During this period, the purchasing power of the RMB was still very strong.
Chapter completed!