Chapter 348 Fund
FD passed in the summer of 2003. It was not that humans defeated FD, but that the virus could not withstand high temperatures.

Of course, high temperatures can only prevent the virus from spreading in the air. If it is not isolated well, it will not be so easy to defeat it.

Only Jiang Cheng knew that sixteen years later, there would be another virus that would really require human efforts to fight, and Jiang Cheng had fought it. He had a fever for several days, but fortunately he was young, so he went to repair cars as soon as he recovered.

But some weak elderly people really suffered. India had the best defense against the virus, and few people were infected. Because if there was no inspection, it meant there was no virus. It was just a lot of corpses being burned every day, which had nothing to do with the virus.

Once SARS was over, the domestic economy recovered quickly. This SARS taught the Jiang Group a lesson: the overall environment could change suddenly due to unexpected events, and expansion should not be too blind.

That is to say, “Jiangdonglai” has been working hard to do charity in its early years. This is also thanks to Zheng Ke, who has made “Jiangdonglai” have a very good reputation in China and provided strong support on the spot. Banks from all over the country have loaned a total of tens of billions of yuan to overcome this difficult time.

In the past year or so, many small businesses that were not able to withstand the pressure and risk have gone bankrupt. Especially in the poultry-related industry, this year, it is really a huge fortune.

Through this lesson, in addition to letting everyone know not to expand blindly, they also understood the importance of talent. The entire group is basically made up of people related to Jiang’s, and among these people in Jiang’s, the one with the best academic qualifications is Jiang Zhaozhao, who graduated from Tsinghua University.

The smooth sailing in recent years is entirely due to the country’s demographic dividend and the country’s development.

For example, Jiang Sisi studied fashion design in China, so what she learned was a bit outdated once she graduated from school. She borrowed some brand clothing from Hong Kong and made some changes. After being produced in China, it sold quite well, but if it was in Hong Kong, it would not sell well.

Although Jiang Zhaozhao’s team is composed of students who graduated from Tsinghua University, it is still very difficult for them to manage a group that is now valued at hundreds of billions.

Jiang Panpan is also an ordinary college student, and the tourism industry has just been the hottest industry in China in recent years. People’s living conditions have improved, and more people like to go out. It is easy to make money in this industry, and she has connections and resources in Hong Kong.

Jiang Niannian, let alone, is not good at studying, having just graduated from high school. She is selling DVDs, but DVDs are now commonplace, and each costs only a few hundred yuan. Compared with the initial nearly four thousand yuan, the DVD industry has become a low-profit industry.

DVDs were the mainstay of the group before, but now they are no longer. As for pirated discs, it’s not that the profits are not good, but there are many competitors now.

Now when a new movie comes out in Hong Kong, the discs are released within a few days, and pirated copies will follow immediately. In fact, the method is no different from what Jiang Cheng did. They are all companies with copyrights. The legitimate ones are released openly, and the pirated ones are also made in secret.

Jiang Niannian’s husband is a young soldier that Jiang Cheng brought from the army and was about to retire. He has limited abilities, so he set up a security company and is responsible for the security business of the entire group.

Jiang Ping is now in charge of the real estate business of the group, but his ability is not as good as that of the contractor who came from a poor background. It must be that he was born with a good life, otherwise, how could a college student who can only be said to be good be the CEO?

Jiang Mengmeng, this old man, is really an old man. He set his sights on the Internet. He also wanted to compete with Ma, who had just risen a few years ago, but he was defeated in the end.

Now Jiang Mengmeng is organizing some forum or something. People of this generation like to visit various forums.

Jiang Cheng also wanted to give some advice to Jiang Mengmeng, the sixth child, and told her to join if she couldn’t beat him. If she joined Ma Zong now, she could just lie down in the future. But Jiang Mengmeng thought that he, the old father, looked down on her, so why should she join others? She wanted to make a name for herself.

Jiang Fei from Hong Kong got married and has a child now. She has some thoughts on taking care of her husband and children. Her career is also focused on her husband. She has hired several professional managers to manage the hotel business.

Jiang Yue is now married, a wealthy upper-class man. In fact, most girls get married early, because in addition to family, youth is also an advantage for women.

In order to find the so-called “equal status”, a woman should marry at the most suitable age. The Jiang family is already so rich on the surface, if they want to find the right one, it means that the other party must have good family conditions and personal conditions.

But no matter whether they are ordinary people or wealthy men from the upper class, as long as they are men, they all like young and beautiful women. And unlike women, most men still choose downward. Downward refers to conditions other than age and appearance. As long as they are young, beautiful and well-behaved, it doesn’t matter if their family background is a few levels lower.

For a woman, even if her family is rich, it is difficult for her to find a suitable match when she gets older.

After Jiang Yue got married, she and her husband set up a fund project in a bank, which is a legal way of raising funds, and they are not responsible for losses.

Unlike in the 1990s in China, many people were shouting that they would lead everyone to get rich and invest in a project together. If there was profit, everyone would share, but if there was loss, the leader would have to bear a lot of responsibility.

But even so, it still constitutes illegal fundraising. To put it bluntly, individuals are not allowed to raise funds.

As for the fund, they are really good at it. They raise everyone’s money to invest in projects. If there is profit, these fund managers will share a piece of the pie, and they may even be the first to drink the pie. If there is loss, then entrepreneurship is risky and investment needs to be cautious.

Although Jiang Cheng felt that it was not fair for his daughter Jiang Yue to earn such money, it was legal. And after Jiang Yue explained some insider operations of the fund, Jiang Cheng only regretted that he had chosen the wrong industry in the first place.

Jiang Cheng thought that if he had a chance to be reborn again, he would definitely go into the financing business.

The so-called risk control in fund management is actually no risk control at all. The so-called investment fund just paints a bigger pie for you and tells you the risk is lower.

In fact, a project may cost 20 million, but the fund manager will directly ask for 100 million. After raising 100 million, they will use 20 million to invest.

This will result in a loss, at most 20% loss, and it may not be all lost. If this project makes money, the financiers will get the lion’s share for free.

Jiang Cheng thought that if he were reborn in the 1980s, there would be no illegal financing in China. He would use this method to attract investment from people around him.

If the project loses money, it will only be less than 20%, which is acceptable to everyone. If it makes money, we will share the profits with everyone for a few years and then kick everyone out.

Borrowing chickens to lay eggs is something that people in finance are good at.

This won’t make everyone rich overnight, but it’s the best way to fool people with some spare money, because you can promise to only lose a certain amount of money. If you want to make money, everyone can draw a pie in the sky.

However, if Jiang Yue wanted to get involved in the insurance business, Jiang Cheng would still advise his daughter to be kind. But to be honest, although the insurance business in Hong Kong is a bit deceptive, they are really straightforward when it comes to compensation.

For example, Hong Kong insurance companies generally do not accept business from action martial artists in the entertainment industry. They are not like some domestic insurance companies that will not pay for either of these two things.

It was during this era that many so-called financial products began to appear in China. In particular, many illiterate people in rural areas were forced to use some bank staff to convert their deposits into financial products under the guise of high interest rates.

Ten years later, I realized that I had bought a so-called financial product. However, because the overall environment was good, there were few losses. So I didn’t hear many people making trouble.

Through things like this, Jiang Chengcai finally understood why some people in the upper class would let their children work as high-level officials in banks in addition to joining their own family businesses.

Although the salary is high in a bank, it is nothing to many people. However, when there are senior bank people, when their family projects are short of funds, they do not need to illegally borrow money from the bank.

If you start a fund project, the profit will decrease after two years at most. But if the project is successful, you can kick out the investors, which is easier than finding someone to invest.

Many fund projects plan to earn a certain percentage of profit over a few years, and when the period expires, the contract ends. No shares need to be given to these people.

Jiang Cheng was not interested in fund projects as he had enough money, but he now wanted to set up a few private zoos of his own.

As the old saying goes, one knows one’s destiny at the age of fifty. Jiang Cheng doesn’t care about destiny, but he knows that he is old and he can no longer have fun without some external help to take care of his body.

Now that he is traveling out to sea with a few women and releasing his nature on the ship, Jiang Cheng has to drink some tiger bone wine or something in advance.

But many animals have become protected species, so even if Jiang Cheng gets something out of the space, he has to be sneaky to make wine. The key is that he hasn’t found anyone in Hong Kong who knows how to make medicinal wine.

In China, the doctor who knew how to brew medicinal wine that Jiang Cheng knew before also passed away. But he also met a great Chinese medicine doctor who knew how to brew medicinal wine, and the wild medicinal materials he needed were not difficult to find. At most, what Jiang Cheng took out from the space seemed a little precious.

But it is illegal to get a tiger bone and not be able to tell where it came from.

But if you own a zoo, as long as you don’t abuse the animals, many animals’ normal deaths can be handled in a “harmless” manner.

(End of this chapter)