Tao Liangchen
Chapter 666 A Small Goal of Ten Billion Hong Kong Dollars
After a period of preparation, in addition to the upcoming IPO of the Hong Kong Stock Exchange, together with the four major mainland giants, other businesses have also been launched one after another.
More than a dozen direct sales centers have been opened in major first- and second-tier coastal cities in the north, as well as in Hong Kong City and Casino, 1997. Strategic partnerships have also been established with securities firms, banks, and insurance companies to sell through other companies' channels.
Over at the Hong Kong City headquarters.
Su Yehao personally selected Bai Yi as the interim president of 5s Asset Management Company.
She's a thirty-nine-year-old woman with extensive experience in the industry. She previously worked as a financial advisor in his assistant's office and was also a senior partner at Goldman Sachs, mainly responsible for business in Greater China.
It has to be said that Bai Yi is a ruthless person.
When she realized that she had the opportunity to become the president of sssss Asset Management Company, she quit her job at Goldman Sachs without saying a word, simply because she believed that this side had a better future and that the mainland fund market was a new blue ocean where she could flex her muscles.
The last day of May.
Su Yehao had been resting in Big Wave Bay for two days after returning from Europe.
On the morning of the 31st, he made a last-minute appointment with Bai Yi for lunch at the Lisboa Hotel in Casino, 1997, informing her in advance that they would be eating fried rice.
This Ms. Bai was a little confused at first.
She put down her work and took a boat all the way to Casino, 1997, wondering why they were eating at the Lisboa.
When she met Su Yehao and found out that the famous Dai, God of Cookery, was also there, Bai Yi suddenly understood, thinking no wonder they were eating fried rice.
Stephen Chow's movie made Dai, God of Cookery, famous. In recent years, he has opened restaurants and companies, and has become known as the "Hong Kong City God of Cookery". A bowl of fried rice costing 5,000 Hong Kong dollars has long been well known, shocking many people.
After a brief greeting.
Su Yehao was playing with a new mobile phone sent by Black Diamond Company at this time, and told Bai Yi, "I haven't been to the Lisboa for a while, looking at the decoration and furnishings, it's really a bit old. Dai, God of Cookery, is now the executive chef of the Lisboa. I only managed to make a temporary reservation because of my reputation, so it may take a while to prepare."
"Good food is worth waiting for, I'm very patient."
Bai Yi smiled and continued, "When I saw it in magazines before, I wondered who would eat this kind of fried rice that costs thousands of dollars a serving. Thank you, Young Master, for letting me enjoy it."
"Australian rice, French spring water to wash the rice, and then put the rice in high-quality shrimp tails and steam it, served with abalone juice and top-quality bird's nest, that's how it's said to be made. This is also my first time tasting it, I hope it lives up to its name."
After Su Yehao finished speaking in a low voice, he joked, "Ms. Bai has a base salary of three million a year, and there are commissions for completing performance targets. Your income at Goldman Sachs shouldn't be bad either, right? You shouldn't feel the pinch for a bowl of fried rice."
Bai Yi replied with a smile:
"Before becoming a partner at Goldman Sachs, my annual salary was only about $180,000. After becoming a partner, my basic income increased to $600,000, plus bonuses and commissions. I actually took a pay cut to work here for you. Who knew you would set me a performance target of 10 billion Hong Kong dollars this year? With only half a year left, the pressure is also very high."
"It's different."
Su Yehao shook his head, "Becoming a partner at Goldman Sachs is almost the end of your career. There are about three hundred partners, and one-third to one-quarter of them are replaced every two years. But at our 5s, it's just the beginning, with unlimited upward mobility. There's even a good chance of becoming a working empress."
"I didn't expect you to know so much about Goldman Sachs?"
"We cooperate frequently, so naturally I know over time."
Su Yehao sat in a comfortable position, crossed his legs, put his arm on the back of the chair, and chewed gum in his mouth.
Anyone else would be told "sit properly, don't slouch," but with him, it became casual and unrestrained.
The dining room was nearly a hundred square meters in size, and the decoration looked resplendent. If you spoke louder, you could even hear an echo.
At the moment, only he and Bai Yi were at the table.
If it were a beautiful young girl, the Lisboa waiters would probably speculate wildly and gossip with exaggeration.
Fortunately, Ms. Bai was unremarkable, and the only highlight was probably her tall figure and a bit of temperament.
Anyone would think it was a meal between an elder and a junior, or a normal business reception.
Su Yehao continued to explain:
"The marketing task of 10 billion Hong Kong dollars was set by me. It shouldn't be too difficult to complete this year. So many state-owned enterprises in the north are very rich. When the time comes, let the four major allies help, and they can also take out some idle funds for financial management. The main focus is on private equity first."
Faced with performance pressure, no matter what level you are at, you will feel overwhelmed.
Correspondingly, once this goal is achieved, the rewards will be equally generous, and you may even be able to touch the threshold of eight figures.
The so-called end of Goldman Sachs is just the beginning of sssss Asset Management Company. Bai Yi actually agreed with this in her heart, so when she received Su Yehao's olive branch, she immediately kicked Goldman Sachs aside.
The joint venture sssss Asset Management Company has only been established recently and hopes to take another step forward in the field of financial investment cooperation between the two regions.
Enterprises in the north hope to bring money to Hong Kong City for investment. In addition, Su Yehao has a well-known reputation and is famous for being good at investing, which makes the process of raising funds relatively smooth.
During a recent month-long trial in Peng City, it raised more than 300 million RMB, and Hong Kong City completed a fundraising of 800 million Hong Kong dollars.
This doesn't prevent Bai Yi from complaining.
According to her experience, if the performance target is too easy to achieve, the goals set in the future will only continue to rise.
When she was a partner at Goldman Sachs before, she was overwhelmed by the heavy assessment indicators, fearing that she would lose her hard-won partner position.
To put it bluntly.
Goldman Sachs' internal management model is a bit like an insurance company. After squeezing out the value of talent, it will ruthlessly kick them out, full of wolfishness.
But as long as you become a partner at Goldman Sachs, at least for a period of time, your income will explode, and you can earn ten or twenty years of income for other white-collar workers in just a few years, which leads people to still flock to it.
After listening to Su Yehao's words, Bai Yi said with a wry smile in order to avoid creating problems for herself in the future:
"But we are a new company and lack achievements to show off to investors."
"And, I'm not saying that we definitely won't be able to complete it before the end of the year, but the development of an asset management company requires accumulation, relying on word-of-mouth and building a brand."
"In my opinion, the funds raised in the early stage may take a long time to produce results. Even building a ten-billion-dollar asset management company on Wall Street is not an easy task..."
Turning her head to look at her, Su Yehao said calmly:
"Don't be nervous, I know what I'm doing. I'll leave the marketing and management to you, and I'll personally control the investment. If I can't achieve results, how can I have the face to assign you too many fundraising tasks? So rest assured, as long as you manage the company well, everything is easy to talk about on my side."