I'm in the county town, and you say I'm a big shot?

Chapter 714 Establishment of a $10 billion Offshore Private Trust
"Qingye, you seem worried?" Xia He suddenly felt nervous. She felt that Fang Qingye's words were somewhat unusual.

Including trusts, why are people in such a hurry to set up trusts now?
“Xia He, you are the woman I love, and someone I trust. There are some things I can tell you. In the next few years, both internationally and domestically, there will be drastic changes. At this time, wealth will not only not be a talisman, but sometimes it may become a double-edged sword, or even a burden and original sin. Therefore, I must plan ahead, for this family, for you, Bai Ou, and our two children. Do you understand what I mean?” Fang Qingye said earnestly.

"Have you told Bai Ou about these things?" Xia He asked tentatively.

“I told her, and she agreed.”

"Alright then, I'll follow your arrangements."

“Go to Singapore and establish PTC first. I will gradually transfer a portion of the funds from the Hong Kong Tuofang Fund there. You will be responsible for managing these trust funds.”

"How much are you planning to transfer over there?" Xia He asked.

"Tuofang Fund currently has about HK$10 billion, as well as US dollars, RMB, euros, etc., with total assets of about US$100 billion. I plan to transfer US$30 billion there, which will be enough. I will not touch the funds in China."

"Oh? 10 billion US dollars, I'm afraid I can't manage that." Xia He said with some concern.

She knew that as the trustee managing all the assets, it wasn't enough to simply deposit the $10 billion in a bank. To preserve and increase the value of the trust funds, professional allocation was necessary, such as investing in stocks and ETFs, commercial real estate around the world, bonds and fixed income, and even art and luxury goods, private equity (PE) and venture capital (VC).

It's definitely not something one person could do alone.

Fang Qingye smiled and gently kissed her fair cheek: "My dear President Xia, put on your president's airs, what are you afraid of? Don't think about such complicated investments, focus on a conservative investment portfolio, of course you need to hire a professional advisory team, I'll have Ouyang Shaoqiang find someone to assist you, including setting up PTC."

"Okay, when can I go to Singapore?"

"No rush, let's talk about it after the Spring Festival. First, go and buy a house, settle down, and then I'll transfer another 100 million RMB to you. After that, finish dealing with things in the US. As for that villa in the US, we can keep it."

"Okay, I'll do whatever you say." Xia He leaned close to Fang Qingye, feeling much more at ease with him by her side.

Fang Qingye stayed in Huijing for three days, taking the children to the Underwater World and Hongshan Forest Zoo, and also soaking in the hot springs in Tangshan. She left after lunch on the fourth day.

Although I'm a little reluctant to leave, there are many things to do at the end of the year, both in Shanghai and Nanxin, and I have a lot of things to handle myself.

Xia Qingqing was even more reluctant to part with her father and clung to Fang Qingye, unwilling to leave. Xia He had to persuade her to take her daughter back.

Fang Qingye also promised to come see her again during the Chinese New Year.

"Don't worry, I bought Yangyang a toy for you to take back." Xia He said, taking out a very exquisite gift box from the bedroom.

"This is a Montessori set that includes a bell, a grasping ball, and a low mirror. It's suitable for babies like Yangyang's age. It can help develop their visual tracking, grasping, and rolling skills. I also bought one for Qingqing, and it's great."

Fang Qingye looked at the gift box, sighed and laughed, "Xia He, you don't know how many toys like this Bai Ou has bought for Yangyang. She bought two sets of this one alone. There's simply not enough time for them to play with."

"Then I should at least buy Yangyang a gift, right? Bai Ou already bought one for Qingqing." Xia He was troubled.

This is true.
Women are very perceptive.

Fang Qingye thought for a moment and said, "I've thought of a gift." As she spoke, Fang Qingye went into the bedroom, and when she came out, she was holding a rattle drum!

"I think this is good."

"Huh? This is too cheap! I just bought it randomly while browsing Laomendong." Xia He felt it was inappropriate.

“It’s a small gift but a big sentiment, I think this is quite fun.” Fang Qingye said, shaking a rattle drum.

Since that's the case, Xia He stopped insisting on helping Fang Qingye pack her luggage.

After kissing Xia He and her daughter goodbye, Fang Qingye carried her suitcase downstairs. When she arrived at the entrance of the residential area, Yue Kai was already waiting there in his car. She quickly put the suitcase in the trunk.

"Back to Shanghai," Fang Qingye said as she got into the car.

It was almost six o'clock in the afternoon when Yue Kai drove to his home in Shanghai. He returned to his rented apartment, while Fang Qingye carried her suitcase back to the villa. Bai Ou hadn't finished get off work yet, and his mother-in-law and the nanny were there.

Fang Qingye changed into her pajamas and the first thing she did was visit the children. Bai Ou returned at 6:30 and they finished dinner. It was drizzling outside today, and the damp and chilly weather was certainly not suitable for going out for a walk, so the family stayed in the warm house, playing with the children.

At nine o'clock, the mother-in-law took the child to the room to rest, and Fang Qingye and his wife also went upstairs. They first took a hot shower in the shower room, and then the two of them returned to the bedroom comfortably in their pajamas.

Fang Qingye lay half-reclined on the bed scrolling through her phone, while Bai Ou flipped through fashion magazines.

Now that it's late at night and everyone is quiet, the couple can have a private chat.

"Are President Xia and Qingqing both alright?" Bai Ou asked.

"Listen carefully, this is a gift Xia He bought for Yangyang." With that, Fang Qingye got out of bed and took out the rattle drum from the drawer.

Bai Ou burst out laughing upon seeing this.

"President Xia sent this? How could a sophisticated woman like President Xia send such a rustic gift? It must have been your idea, right?"

"Hehe. Xiahe originally wanted to give Yangyang a Montessori teaching aid set, but I said Yangyang already has two sets, so I didn't have anything else to give him and gave him this instead. I bought it in Laomendong."

“My mom said I played with it when I was little, and it was really fun.”

Bai Ou also took the rattle and shook it twice.

"Okay, Yangyang can play with it tomorrow."

"Hey, have you told President Xia about the trust business?" Bai Ou asked, getting to the crucial point.

This was done in secret, and Bai Ou didn't tell her mother either.

“I told her, and she naturally had no objections. We’ll start preparing after the Spring Festival,” Fang Qingye replied.

“Yes, this way we can fully leverage President Xia’s expertise in finance,” Bai Ou said.

"Hey, Bai Ou, why do you like calling Xia Xingzhang?" Fang Qingye asked curiously. Whenever they talked about Xia He, she would always call her Xia Xingzhang.

"What? Do you expect me to call her Sister Xia?!" Bai Ou rolled her eyes at him, then said, "Alright, let's not talk about that. Let's talk about the upcoming Cloud Ledger Forum Summit. The organizing committee has received replies from Goldman Sachs and UBS; they will be sending representatives to the summit!"

"Huh, you're really coming?"

"Yes, but it wasn't headquarters that sent people. It was Goldman Sachs China and UBS China. Fan Xiang, co-chairman of the Globalization Committee of Goldman Sachs China, and Qian Yujun, president of UBS Group China and chairman of UBS Securities, represented Goldman Sachs and UBS respectively."

"Hehe. It seems they really don't want to put all their eggs in one basket with Corda. Goldman Sachs and UBS are here, so Citibank, Morgan Stanley, and others will probably send representatives as well," Fang Qingye said with a smile.

"Yes, through this forum summit, Cloud Ledger has truly gained a voice in the field of distributed ledger technology!"

"Okay, let's not talk about work after get off work." Fang Qingye put down her phone. "Let's go to sleep."

"What do you want to do so early?" Bai Ou glanced at her husband.

"What do you say?"

"What, you were in Huijing for three days, and Director Xia didn't satisfy you?"

“It feels different,” Fang Qingye said, her hands and feet becoming restless.

"You scoundrel!" Bai Ou said, but her body responded passionately.

(End of this chapter)