Even so, most of 5s Asset Management's fund products still suffered losses to varying degrees due to the stock market crash.

Through Yinhai Weibo, Su Yehao posted another message, writing that short-term risks did not affect long-term benefits, the economic fundamentals were still quite beautiful, and suggested people choose an appropriate time to bottom-fish his fund.

Last year, the mainland's GDP exceeded the 10 trillion yuan mark for the first time, and the economic growth rate remained at about 8%. The overall increase in the stock market was not too large, but the stocks selected by Su Yehao were excellent, outperforming the market with brilliant data.

In particular, private equity funds, in the form of private equity investments, invested in several companies, including China Merchants Bank and Jinling Bank, which have been listed, and have achieved considerable success.

Some products used profit sharing, helping him earn a profit of more than 300 million yuan.

Advising people to bottom-fish, it is inevitable that many people will ridicule him, but Su Yehao has long been accustomed to not looking at other people's comments. In the end, the facts will always prove that he is right, and those who sing the opposite tune with him are fools.

Since that is the case, why bother about the views of fools.

There are so many potential investors, he only needs to grasp a part of them.

The total scale of assets of 5s Asset Management in the mainland has exceeded 75 billion yuan, ranking first among its mainland peers.

Including branches opened in the Middle East, Japan, the United States, Europe and other places, the total scale has reached 13.5 billion U.S. dollars. With this scale, even on Wall Street, it is not too bad.

The old stock god avoids technology stocks and focuses on the value investment logic of traditional enterprises, while Su Yehao's reputation as a little stock god is also growing, just taking a different route from Buffett, mainly investing in the Nasdaq market.

As the Nasdaq begins to recover, the number of American users buying his funds has begun to increase recently. When he goes to Washington, New York, Los Angeles, San Francisco and other wealthy cities for a tour, he may be able to attract tens of billions of dollars more.

The average profit of the asset management industry is not high, even inferior to many fiercely competitive traditional industries. It mainly relies on scale to make money. The advantage is that it uses other people's money to seek benefits for itself, guaranteeing income regardless of drought or flood, with basically no risk.

The reason why Su Yehao is paying attention to 5s Asset Management again and wants to make it stronger as soon as possible is mainly because he failed to harvest in the oil futures market, so he is thinking about ripening the cash cow...

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Due to the epidemic.

The two hearings originally scheduled for the beginning of the year have been postponed.

In Hong Kong, officials are still reducing the number of gatherings, but the matter of Bauhinia Institute of Technology cannot be delayed indefinitely, as it is prone to changes.

Su Yehao felt that reducing the debate session would save trouble, so he proposed launching an online vote.

The school's plan has been in the works for several months and is now relatively mature. It has been distributed to the representatives to read, and the plan has also been released through the media for discussion. Compared with the scale, construction cycle, and school-running plan, ordinary people are obviously more interested in the European-style campus concept map.

The library is similar in shape to the Château de Chambord in France. Out of consideration for saving land, the teaching building has a bit of the flavor of the Houses of Parliament in London, England. When completed, it will become the world's largest Gothic building. With modern construction technology, it is not too difficult to build.

Su Yehao's plan is so conscientious, how could the authorities be reluctant to even take out a piece of wasteland? Therefore, the result of the online vote was passed with an overwhelming advantage, and all that remained was to go through the process.

Over at Casino.

The plan for King Crab Island has also been freshly released, with an estimated 7 square kilometers of land to be reclaimed from the sea. The shape is roughly an oval-shaped dike surrounding an island in the shape of a king crab.

Since there is an airport to the east, it will inevitably be affected by noise, so the designer plans it on the sea surface at the southern end of Casino.

On the six long claws, villas are planned to be built in the future. The two pincers are the casino and Su Yehao's private residence respectively. The body of the crab is mainly for leisure, entertainment, shopping, hotels and low-density residential areas. Even the oval dike is utilized and prepared for the development of residential areas.

People have always regarded Su Yehao as the richest man in Hong Kong, but his household registration is still in Casino. This identity can be of some use, at least he is not an outsider, and he can shout the slogan of revitalizing Casino's tourism industry.

In order to gain the support of the locals, he even plans to build two thousand rental apartments on a circle of dikes, announcing that they will be provided to local Casino residents at below-market prices to alleviate the rental pressure on young people, and provide a large number of high-paying employment opportunities.

At that time, local people will also be able to enjoy certain discounts when buying houses.

Out of consideration to avoid being picked peaches, the total investment scale is said to exceed 10 billion U.S. dollars, trying to scare away other potential investors, but in reality it only needs about 5 or 6 billion U.S. dollars.

The area of about 7 square kilometers is almost three times the total area of ​​Shenzhen's Sihai International Cultural Tourism City. With Casino's population, so much land is not needed. Potential buyers are mainly wealthy people from Hong Kong, the mainland, Southeast Asia, Japan, and South Korea.

Su Yehao played a trick in this matter.

With Casino's current housing price of 7,000 to 8,000 Hong Kong dollars per square meter, it seems that everyone can easily afford it at that time. However, the problem is that the local housing price increase is likely to increase sharply in a short period of time with the rise of the gambling tourism industry.

So, what seems to be a good thing that everyone can benefit from may eventually become Su Yehao's good thing, and a large part of the profit will flow into his own pocket.

This is understandable. The original intention of developing King Crab Island was not to do charity, and the tourists attracted and the economic benefits driven can indeed help many locals, and the future tax revenue will not be small.

As soon as the design drawings were released, it immediately attracted widespread attention around the world, which really made Casino enjoy the addiction of being a star, and all kinds of news were flying around.

Some people say it is a bit like the Palm Island plan. The ideas are indeed similar, but one is a plant and the other is an animal, directly crossing species.

Even more outrageous is that Su Yehao had already anticipated this, and specially hired the chief designer of Palm Island as a consultant.

Since the ideas come from the same brain, it is normal to have some similarities.

When Su Yehao went out to see his son in Barker Road, he first took advantage of the little guy's nap to bully Nong Qingying fiercely.

The satisfied Nong Qingying had just finished taking a bath at this time, and while applying lipstick, she asked: "The newspapers are in an uproar. How confident are you in your big crab island? If it can really be built, I'll trade this house with you for a set on the island. It looks so interesting."

Su Yehao replied:

"There shouldn't be any problems, but those developers in Casino are worried that the land they bought before will be stuck in their hands. I plan to divide them, win over a few powerful companies, and the rest will not become a climate, and I can even acquire their land..."