Reborn as a landlord in Shanghai

Chapter 136 Jianghe Capital Established

On Sunday, Mao Xiaoyu had a day off, and since the TV and Film Department already had the footage they needed for this week's shoot, there was no need to shoot any footage today.

In addition, she had been busy for a while and hadn't had time to manage her stocks. So, taking advantage of the free time today, Mao Xiaoyu came to the Shatin Village House early in the morning to check on the studio and Du Yue and Peng Yu.

"Mr. Mao, what a rare guest! The sun must have risen in the west! You've finally found the time to come and see us two poor working-class people."

Upon seeing Mao Xiaoyu's arrival, Du Yue couldn't help but tease her.

After all, Du Yue and Peng Yu had been living in the village house studio for over a month, and Mao Xiaoyu had never come over. They usually communicated by phone, and the three of them hadn't seen each other for almost two months. Now that Mao Xiaoyu had suddenly appeared, it's no wonder that Du Yue was teasing her.

"I've been so busy lately, but thankfully, hard work pays off. After these two months of hard work, my teacher thinks I'm doing exceptionally well. They've shrunk my four-year undergraduate degree to just one year. That means in a few more months, I'll be a full-fledged undergraduate student," Mao Xiaoyu said proudly as she sat down.

"Wow, this is fast! I've never heard of graduating from university in just one year," Du Yue exclaimed, though she was also quite curious, because she had never imagined that a bachelor's degree would be so easy to obtain.

"I can't help it. I'm too smart. I learn everything quickly. The teacher said that I've already finished all the undergraduate material here, so sitting in class is a waste. What can I do? I have no choice but to graduate first and get a bachelor's degree, and then go on to a master's program next year." Mao Xiaoyu pretended to be helpless.

"The more I listen to you, the more awkward it sounds. You're trying to show off here. Old Peng, go get the dog and kick this guy out." Du Ye called out to Peng Yu directly.

"Sister Du, tell me honestly, I, Xiao Peng, am alright, why call me a dog?" After all, both of them knew whether there was a dog at home or not, so Peng Yu stood to the side and said innocently.

"Hahaha————." Peng Yu looked completely innocent, while Mao Xiaoyu and Du Yue burst into laughter.

"Alright, alright, enough bragging for today. The main reason I came here today is to take a look around. I've been really busy lately and haven't had time to come. Also, our company has been registered over there and is now officially established. I thought I'd come here to talk about the company. Come on, show me around first, and then we'll go to the third floor of the studio to talk." After laughing, Mao Xiaoyu said seriously.

Upon hearing Mao Xiaoyu's words, Du Yue and Peng Yu tidied up and then took Mao Xiaoyu to visit the village houses on both sides.

One of the village houses was converted into a room for three people: one for Mao Xiaoyu, one for Du Yue, and one for Peng Yu.

Although Mao Xiaoyu rarely comes over, it still cost HK$2 million, so this room is still necessary. However, precisely because Mao Xiaoyu rarely comes over, the third floor was reserved for her.

As for the second floor, it was left to Peng Yu. The first floor was given to Du Yue because Du Yue liked to grow flowers and vegetables.

Of the three people's residences, they only looked at Du Yue's apartment on the first floor, because according to Du Yue, the furniture they bought was all similar, and the layout of each floor was also similar, so no matter which floor they looked at, it felt almost the same.

After Mao Xiaoyu finished looking at the house with Du Yue, the three of them went to the village house on the west side where the office was located.

The first floor here is the kitchen and staff rest area, so when Mao Xiaoyu and her two companions arrived at the village house where they worked, they saw two Filipino maids busy preparing lunch. Mao Xiaoyu and her companions greeted the maids and then went straight up to the second floor.

There are a total of eight trading desks on the second floor, but there are only two employees on site. Plus, it's Sunday, so neither of them came.

Therefore, the entire second floor seemed a bit empty, but Mao Xiaoyu didn't pay much attention to it. After looking around, she followed Du Yue to the third floor, which was where Du Yue, Peng Yu, and Mao Xiaoyu worked.

Because the third floor has five fewer spaces for traders than the second floor, the rest areas and meeting rooms have been partitioned off, and these partitions give the entire third floor a slightly more lived-in feel.

However, the entire floor is only about 700 meters long, which is not very big at all. So after taking a quick look, she had already seen it all. Then, Mao Xiaoyu followed Du Yue and Peng Yu to the meeting room to discuss the next steps.

"These two village houses cost around 9 million, of which 3 million was a loan. This loan is in both of our names. We've thought it over, and we'll both pay off this loan. We'll each own 50% of the houses, and you own 50%."

Du Yue had wanted to say this for a long time, and now that the visit was over, she finally said it.

"I can't let you suffer a loss, so here's what I'll do: I'll spend 100 million to buy three cars, one for each of you. Although the cars are a little cheaper, people in our line of work should try to be low-key. We only drive these cars for a few..."

"We'll talk about it next year. Besides, no one will lose out by spending this million." Mao Xiaoyu thought for a moment and said.

Du Yue and Mao Yu knew Mao Xiaoyu's temperament; she preferred to handle matters strictly by business. Since Mao Xiaoyu had said so, the two nodded in agreement.

"Come on, let's talk about the stocks we have first," Mao Xiaoyu asked the two directly.

Upon hearing Mao Xiaoyu's words, Du Yue turned on her computer and began to speak: "Besides Tencent's stock, all we have left are Huacai Holdings' stock. Let's not talk about Tencent's stock; let's talk about Huacai Holdings' stock first."

About 10 days ago, the stock price of Huacai Holdings reached around 2.5 yuan. So we started selling our shares around that time. However, because Huacai Holdings issued too many shares, even though we sold them for about 10 days, we only sold more than 20 million shares.

As for why the sale is so slow, it's mainly because we wanted to wait until it reached 2.5 yuan to sell, which made the sale too slow. So for the next 90 million shares, we will speed things up and try to sell our shares within a suitable price range.

不过按照我们的估算，最迟到12月底应该能把手上的华彩公司的股份全部抛售完。而且如果按照每股2块5的价格往外抛售的话，到最后我们大概可以得到2亿8，000万港币。

Of that, 80 million was financed and needs to be repaid to HSBC. Boss, you have about 22 million in principal. After deducting the interest on the financing loan, you should be left with 155 million. Of course, this is just a rough estimate. You'll need to sell off the remaining assets to get that much.

If the sell-off doesn't go well, or if something unexpected happens, then it's hard to say. Moreover, judging from our current sell-off situation, the major players behind Huacai Holdings should have sensed it. The next step is to see whether they will suppress us or slowly sell off their holdings along with us.

However, according to the principle of valuing harmony, the opposing market maker should be like us, selling off a little bit every day, eventually selling off most or all of their shares. That's what a true businessman does.

"Sister Du, do you mean they haven't started throwing them yet?" Mao Xiaoyu asked.

"That's right. According to our recent selling records, they didn't sell off. In fact, they even absorbed some shares. But when they were absorbing the shares, they probably sensed something was wrong and eventually stopped," Du Yue said earnestly.

"That's a good thing for us, since we've reached our target price, but the other party hasn't. Otherwise, they wouldn't have absorbed so many of our shares in the stock market."

"The fact that the other party hasn't started selling is perfect for us. We should take this opportunity to sell our shares as quickly as possible while maintaining the stock price," Mao Xiaoyu said thoughtfully.

"Mr. Mao, that's what I'm thinking too, so I'll increase my sales volume tomorrow, trying to sell more than 500 million shares, up from the three or four million shares a few days ago. I'll sell more before the big players react, so I won't be caught off guard later," Du Yue said.

Mao Xiaoyu nodded and said, "Let's not rush this. After all, we can't produce that many at once. Let's talk about the company first. The company has already been registered, and the three shareholders are here. Let me tell you about it."

Let's talk about the company's personnel structure first. I invested the most, holding 50% of the shares, so I'll be the chairman. The two of you each hold 25%, so you'll be the two directors. As for your subordinates, there are just two ordinary intern traders.

Needless to say.

Let's talk about the salary. The monthly salary for trainee traders is HKD 8000, and it will be HKD 12,000 after they become full-time employees. This is just the base salary and does not include commission. Commission is based on the weekly profit and is usually a considerable amount.

You two know more about this, so I don't need to go into details. What we need to talk about is the salaries of the three of us. Let's start with HKD 5 per month, since the company doesn't have much money, so we'll take a smaller amount.

Once the company becomes profitable, our salaries will only increase, aiming to reach HKD 100 million per month. Of course, this salary is just the base salary; commissions will be calculated separately based on individual abilities.

Next, let's talk about the company. The company is called Jianghe Capital and is registered in Hong Kong. Although it has a registered capital of HK$10 million, that is just bridge financing. There is not a single penny in the company. In other words, the company is just a shell company.

The reason for doing this is that if the main funds are kept in the company, the profits from buying stocks in the stock market will be subject to corporate income tax, while personal income tax is not applicable. To avoid this, the company no longer keeps its money in the company.

The three of us will contribute HKD 2.5 million from Du Yue, HKD 2.5 million from Peng Yu, and HKD 5 million from myself, totaling HKD 10 million. We will put this money into Jianghe Capital to make it Jianghe Capital's first fund, which is also its most special fund.

In addition to deducting HKD 20 million from the fund as we requested, the money in this fund cannot be touched unless the company is registered and the account is closed, and the three shareholders agree unanimously.

If an individual wants to place their funds in a company for management, regardless of who the shareholder is, they need to pay 20% of the profits to the company. As for how much profit the company gives to the trader, that's the company's business.

Once funds managed by an individual enter the company, if the amount reaches a certain threshold, the funds will be managed as a separate fund, with each management period lasting at least one year and up to three years.

During this period, if an individual suddenly needs to withdraw their funds, according to the contract, they can only take 80% of the funds. If the profit is less than 10% by the end of the year, the company will compensate for the missing portion.

Of course, what I'm saying is all internal. If we were to establish a fund, these contracts could be slightly modified to prioritize the company's interests. However, we should try to avoid external involvement for the next year or two, given our limited staff.

Besides, we're not well-known in the industry. In a year or two, once our reputation grows, we'll start looking out for potential investors to buy our fund. After all, ultimately, the main goal is to make money with other people's money.

"Mr. Mao, if we're talking about the company as a whole, our company is a bit small, and we don't have enough staff. Of course, with such a small place, having too many people wouldn't be very useful. However, we want to establish a foundation, and if we want people to buy funds, then we definitely need a large place. It's just that we don't have the qualifications. Some qualifications are particularly difficult to obtain in Hong Kong," Du Yue said, frowning.

Mao Xiaoyu shook her head and said, "That's why we said we shouldn't establish any external foundations in the next year or two. Our main focus in the next year or two is to make money, make money, make money. Then, after another year or two, we'll use the money to acquire various small securities companies and securities licenses, so that our Jianghe Capital can become a securities company."

Our goal is to become a securities firm, making money for us with other people's money. Even if you two don't trade, you'll have a lot of money flowing into your pockets every day. Then you can retire, enjoy life, do whatever you want, and nobody will bother you.

"This goal is quite far away, but we like it. Since President Mao has said so, let's take this as our goal and establish our own securities company," Du Yue said, raising her hand excitedly.

"Let's do it!" Peng Yu chimed in.