Future chat group - Chapter 876
c867 Forced into the palace for the first time
Chapter 865: Struggle for Power
January 24th, the sixth day of the twelfth lunar month, is a good time to get married.
Lei Hao’s original intention was to invite people close to him to have a party, and then invite others on a certain day. Even if everything went well, Qiu Yuting was inclined to this plan.
But Chinese marriage is not their own business. You have to consider the feelings of both families. Lei Hao and Qiu Yuting were “kidnapped” by Lei’s father, Lei’s mother, Mr. Qiu and other people.
The Lei family thinks simply. According to the custom of Fengzhou, no matter whether it is a happy event or a funeral, the more people you invite, the more capable you are. At Lei Hao’s level, if you don’t set up a flowing mat for ten or eight days, others will Not considered qualified.
The Qiu family’s thoughts were more direct. Even Qiu Xiangnan felt that Lei Hao was developing too fast. They were eager to have a grand ceremony to announce the union of the two families. The grander the ceremony, the greater the cost of trouble in the future.
People around him have different thoughts, and Lei Hao doesn’t want to get into trouble with each other on these matters, so… he feels a little regretful now.
But it is worth the pain for one person and the happiness of almost everyone around me.
“I’m going to change clothes. There are Uncle Lin and Director Chen who need your help. Just ask Yingfeng to keep an eye on them. Just come out when they arrive.” Qiu Yuting was wearing a wedding dress, with a hint of exhaustion in her happiness, but she still Help Lei Hao make arrangements in an orderly manner.
“Okay, you go and do your work.” He shook Qiu Yuting’s hand and watched the goddess finally put on a wedding dress for him. The fatigue in Lei Hao’s heart suddenly disappeared.
As his status and wealth increased, Lei Hao’s mentality also changed, from simply pursuing numerical accumulation to pursuing seemingly illusory things like status and rank.
And the most critical moment has arrived. Lei Hao knows very well what he is doing, and he feels satisfied and happy with Qiu Yuting’s support.
From joining Yingyi to taking charge of the collective asset management plan, Qiu Yuting was Lei Hao’s noble person. Then to confirming the relationship, leaving Yingyi and founding Lei Hao, Qiu Yuting became his wife again. Now Lei Hao is ready to make a big gamble, but he still gets it. support.
Lei Hao feels happy because Qiu Yuting helps him take care of everything in order, whether in career or family. In terms of appearance and talent, Qiu Yuting is also at the top level. The most important thing is that the two of them can be said to have never given up material needs. The relationship is determined at the point in time.
Lei Hao doesn’t want to part with what he has in his hands now, so even if he has information about the future, he is still a workaholic because of his sense of crisis.
You must have the ability to control the entire business empire, so you have to learn. Information about the future comes unexpectedly, and it is also your most important reliance, but what if it is gone? Before that, what if there was an opportunity to build a system in which future information would not be affected even if it disappeared?
People who start from the grassroots have a strong sense of crisis, not to mention that Lei Hao also feels that whether his financial empire can be sustained depends on the most important variable, and it is an uncontrollable variable: future information.
“Is this a precursor to killing the donkey?” After recognizing the thoughts deep in his heart, a wry smile flashed across Lei Hao’s face.
Personifying the future information, Lei Hao believes that it is the prophet of his financial empire. Now that the group has developed, he, the emperor, has begun to prepare for the death of the rabbit. He rose because of it, but cannot die without it. This Is this the thought of a superior?
“Ray, congratulations.”
Lei Hao was obviously in a state of wandering, and the voice in front of him called him to reality.
“Mr. Balk, welcome to your arrival.” Lei Hao stretched out his hand and shook it. Li Yingfeng, who had been tensing up, suddenly breathed a sigh of relief.
“Lei, I think you can call me by my name, Ruy.” Ruy de Balk, who looked about fifty years old, smiled brightly.
At this point in time, Lei Hao also responded with a smile and had no intention of bringing work matters into his life.
Ruy de Balque is a Frenchman, the managing director of Keda, HSBC and Seiya Financial Investment. He was originally prepared to serve as the chairman of the board of directors. Unexpectedly, Lei Hao put down the Thunder’s plate and came to pick up the amount of Asian Financial Investment. A grade smaller peach.
However, Lei Hao also attaches great importance to the other party. In other words, he wants to completely control Asia Financial Investment and promote the plan of coercing European capital to short the US dollar. Rui is a big stone that must be moved away.
Lei Hao was originally prepared to take over the two positions of chairman of the board of directors and investment director, but Rui suppressed the proposal based on the international practice that the chairman of the board of directors does not hold other positions concurrently. Out of interest considerations, the Yajin Investment shareholders meeting did not let Lei Hao. Hao serves as the chairman of the board of directors, only delegating a great deal of power to the position of investment director.
The management of Yajin Investment is full of factions, but in fact it doesn’t matter. Lei Hao, the investment director, can directly decide almost everything in the investment field. The premise is… When the risk exposure increases or the leverage is higher than a certain number, the board of directors needs to recognition.
From the organizational structure point of view, the shareholders’ meeting is the highest level, and the board of directors is the second-level organization that is only responsible to shareholders. Directors such as Rui are the decision-makers, and the CEO and other management are the operators. There is a struggle for power here. Very intense.
Lei Hao left it to Su Yiwen to fight for management rights, but decision-making rights were very important.
“Yingfeng, please help me entertain Mr. Balk.” Looking at the serious look in the eyes of this French colleague, Lei Hao secretly smiled bitterly, but still ordered Li Yingfeng to greet him.
“Okay, Lei, I still hope you can call me Rui. You will know that I am not your enemy.” Rui de Balque had a sad look on his face, but he still used his skillful expression. Zhongwen said: “I wish you a happy wedding and a happy marriage for a hundred years.”
“Thank you, Rui, I am also serious. The board of directors needs greater power from below. Those rules are just a constraint for me.” Lei Hao felt a little warm in his heart, but he still spoke without giving in.
It has nothing to do with right or wrong, just because of your position.
For Ruy de Balque to be able to achieve this, he really made a lot of concessions. You know, the “De” in his name represents the French aristocratic status. He abandoned his arrogance and lowered his head and wanted to be with Lei Hao. Finding the right way to cooperate is no longer easy.
But it was destined from the beginning that the positions of the two people could not be consistent. Lei Hao’s subsequent operations would definitely increase Yajin Investment’s investment leverage and risk exposure. He could not give the board of directors time to react and get the Greater rights are a definite thing to do.
“Even if you are right, I need you to be wrong.” Thinking of Yakin Tou’s current situation and his own plan in his mind, Lei Hao felt a little indebted to Ruy de Balk.
“Lei’s desire for control is too strong.” After Rui took his seat, he was thinking silently: “The shareholders’ meeting, the board of directors, and the management all perform their respective duties. This is the structure that every mature company must have!”
In the wedding banquet venue, the directors of Yajintou did not occupy a single table. Instead, they were divided into several groups, each sitting down and having their own thoughts.
Everyone knows that during this period of time, the internal struggle for power in Yajin Tou has entered a fierce stage.
Chapter 866: Forced into the Palace for the First Time
Within Yajin Investment, Lei Hao’s voice is of course the loudest. The investment department alone, even those from subsidiaries of institutions such as Keda and HSBC, all follow Lei Hao’s lead. Most people even have the intention of changing careers. thoughts.
In the organizational department and other management areas, Su Yiwen has been fighting for more rights. With the Thunder and the support of Chinese-funded institutions, he can say that he is making smooth progress.
There are a total of eleven seats on the board of directors, four of which are held by Chinese investors, four by foreign investors, and the remaining three are representatives of major Asia-Pacific institutions and other capital forces. However, whenever Lei Hao speaks, he is almost never dismissed.
The allocation of shares is also very interesting. Yajin Investment currently manages US$50 billion in assets, of which it owns about 40 billion. Thunder gave 5 billion, and the remaining Chinese capital also gave more than 5 billion, which is 25% of the equity. However, even though institutions such as HSBC and Keda did not dare to excessively compete for shares, they still obtained more than 15 billion in equity, and the remaining 15 billion was obtained by various capital forces.
If Lei Hao wants to smoothly advance his plan, he can actually ignore the shareholders’ meeting because they usually don’t take care of things. Even if they want to take care of things, they still need a certain amount of reaction time. What he wants is absolute dominance in the investment field and the authority of the board of directors. The right to speak.
This involves a problem of moral hazard. As we all know, investment risks can be classified into two categories, one is real investment risk, and the other is moral hazard.
The more mature the system, the lower the moral hazard, but the more flexible the system, the more it can avoid real investment risks, such as Asia Financial Investment.
If Lei Hao needs permission from the board of directors for everything, then there will be no moral hazard. It will be difficult for him to make small moves. If Lei Hao is completely delegated power, Yajin Investment will naturally be flexible when it comes to avoiding real investment risks in the market. Although there are many changes, the point of “whether he truly considers shareholders” will be entirely pinned on Lei Hao himself.
Whether it is HSBC, Keda, Hanlong, or Qingyu, they all believe in Lei Hao’s ability, but so far, they dare not fully delegate power. There are many reasons, most of which involve the prevention of moral hazard.
The most basic point is that Lei Hao is still the controlling shareholder of the Thunder and the founder of the Thunder. No one is worried that he will completely favor the Thunder in the market.
For example, if you use the Thunder’s money to enter the highly leveraged market, and then use Yakin Investment’s money to promote the basic market, this is the unfair transaction risk in moral hazard.
But this kind of thing cannot be said clearly, so everyone pushed Rui out, but he hid without a trace. Now, Lei Hao’s wedding is an opportunity that forces everyone to show up, and things seem to have an opportunity to move forward.
night.
After the wedding banquet was over, a meeting was being held in the hotel’s conference center.
Lei Hao is still busy, and Ye Liu, who was transferred from Thunder to Yajintou, has already begun to lay the groundwork.
“We all know very well that the overall leverage of Yajin Investment will not exceed 200%. From the perspective of risk exposure, the total exposure given to several investment departments by the board of directors is actually 100 billion! What kind of flexibility does this have? Why does Mr. Lei Are you going to give up the Thunder to help run such a narrow exposure business?”
“If we must pay attention to risk control, then don’t the members of the board of directors have their own moral hazard? Do we have to waste resources on internal debates?”
“Let people keep quiet and the Thunder transform. We don’t need to prove ourselves again in the market. We deserve enough authority. We are fed up with this way of being manipulated.”
“We don’t want more capital injections, we just want more flexible operations and review methods. Some of the board’s veto rights over the investment department should be taken back by shareholders!”
Listening to Ye Liu’s speech and thinking of Lei Hao’s current situation, the conference room fell silent.
The transformation of the Thunder is something that all the organizations here are happy to see, and everyone knows very well that Lei Hao will not suffer.
Giving up the opportunity to have more wealth and getting the management rights of more assets. In the eyes of financial practitioners, it is impossible to simply distinguish between high and low. The former means more money, while the latter means more power. Both approaches lead to the same goal. , complement each other.
However, cooperation always requires an opportunity for running-in. We are slowly observing and trying to adjust the most appropriate investment scale and management methods.
“Mr. Ye, we need time. Just like when Mr. Lei is a groom, it always takes a little time to adapt.” No one in the conference room spoke, and Song Dongyuan came out to give Ye Liu a compliment.
“Then, it’s best for everyone to shorten this time as much as possible. If the Thunder completes the layout and you haven’t adjusted Yajintou to meet our psychological expectations, then…” Ye Liu smiled and said with a bad face: “We There is no shortage of liquidated damages, and there is no non-compete clause anyway.”
“In fact, we are more inclined to inject funds. With the same restrictions and more funds, I believe the investment department will be satisfied.” Watching Song Dongyuan and Ye Liu perform a double act, Nick and the foreign representatives felt helpless, but as long as If there is profit, they will not be afraid of helplessness.
“The same income and more funds are an insult to us!” Ye Liu waved his hand unceremoniously: “Thunderbolt will not agree to your further capital injection for the time being. Yajin Investment only needs 40 billion, give us more With few restrictions, the money can be used as if it were 100 billion.”
“We can improve the return on investment teams, and by that I mean return on returns in the high-yield range.”
“Channels are open, investments are smooth, and prospects are good. Why should we make changes? Winners don’t need to make changes.”
“Yes, without Asia Financial Investment, I don’t believe you would have been able to enter certain markets in the Asia-Pacific.”
There was another burst of speeches in the conference room, and everyone was blushing and thick-necked. All in all, it was the same thing. If you want money, talk about it, but if you want power, you don’t have to talk. If you let go of the investment department, who knows what you will do.
When Lei Hao opened the door and walked in, Ye Liu, Song Dongyuan and others had already laid the groundwork for him.
Lei Hao actually had no choice but to have a meeting on his wedding night, but sometimes, the reality is so helpless.
“Three weeks.” After receiving a bunch of blessings, Lei Hao stood on the throne and raised three fingers: “Because the response system is relatively slow, I have made at least ten million less. This is only three short years.” For a few weeks, where is the volume, where is the price difference, where are we? Where is what I want?”
“Yajin Investment focuses on low- to medium-risk investments. I don’t understand why I need permission from the board of directors to increase leverage a little bit. What I don’t even understand is, why do I need to be subject to these restrictions in the investment field?”
“I’m not arrogant, but in the field of investment, Rui, tell me, do you have anything to teach me?” Lei Hao turned his gun and fired directly at a group of directors: “Gentlemen, I don’t want to lie, take over Before Yajin Investment, I just wanted the Thunder to be responsible for high-risk investments and Yajin Investment to be responsible for low-risk areas. Then, if you give me greater autonomy, I can connect them together.”
On January 24th, Lei Hao forced the palace for the first time, and the answer he got was… we’ll discuss it later.