After the Divorce, I Could Hear the Voice of the Future-Chapter 91: Three People Discuss Private Equity

Monday morning, 9:30 AM.

Teli A opened high at 6.55%, with a share price of RMB 34.25.

Lu Liang called Wen Chao to set up a brokerage sub-account unique to institutions, "Sell 10-30 shares per transaction until I tell you to stop."

His institutional account still had 22,577 shares, and if sold at the current price, he could cash out RMB 77.32 million.

Lu Liang thought for two days and decided to transfer the market orders.

On this stock, through these two market trends, he had already made enough profit. Market benefits are about allocation; since the Wenzhou Gang was willing to make overtures, he couldn't be ungracious.

"Mr. Lu, are you asking me to manage the trading for you?" Wen Chao, normally calm and collected, suddenly froze.

"Can't you? Then let me teach you," Lu Liang was surprised, wondering how a Fudan finance master's graduate didn't even know how to manage trades, perhaps they hadn't used simulation trading during their studies.

With his face turning red, Wen Chao hurriedly explained, "Mr. Lu, I actually can, just a bit…"

"A bit surprised, right?" Lu Liang asked with a smile.

Wen Chao quickly nodded; after all, having joined the company just 23 days ago, he didn't know whether to be excited or anxious when Lu Liang suddenly asked him to manage trading.

He suddenly remembered a civil engineering intern,

who, after working for two months, was sentenced to over a decade in prison.

"Try your hand at it; don't feel too much pressure."

Lu Liang carefully instructed him to throw in a bit more when the market sentiment was hot and less when it cooled.

It wasn't technically challenging since he planned to transfer the market orders, and all chips would be wholly accepted by the Wenzhou Gang.

As long as it was slow and didn't affect the market sentiment, it would be fine.

The process was tedious, which is why Lu Liang set up a sub-account letting Wen Chao handle it.

A sub-account doesn't show positions and capital; Lu Liang would supervise the entire process alongside, so nothing could go wrong.

Wen Chao understood and took his responsibilities seriously.

"Start from RMB 34.25."

Lu Liang sipped his coffee,

watching the chips in the account slowly decrease.

The turnover rate of individual stocks was increasing, but it wasn't affecting the share price at all. The price was even continuously rising.

This also meant that they were offloading, and someone was fully accepting it, with both parties switching owners at a high position.

Yet the retail investors didn't know and thought multiple institutions were vying for chips, so they rushed to join the fray.

Instead of falling, the share price rose, touching the trading limit several times.

Time ticked away, and in the office, the only sounds were Wen Chao typing and clicking his mouse.

Lu Liang rested his chin in his hand, watching the chips dwindle and the profit from this venture becoming clearer.

Not until Wen Chao's sub-account showed a transaction failure did Lu Liang call to stop.

He turned to look at Lu Liang, his eyes showing the clear, naive gaze typical of college students, "Mr. Lu, is it… all sold?"

Wen Chao didn't know exactly how much he had sold as he had been concentrating on the transaction details and mechanically selling off the shares.

Lu Liang glanced at the display showing 0% position, smiled, and nodded, "Thanks for the hard work; you can leave for now."

"Not strenuous at all, Mr. Lu. I'll be off then, call me if you need me," Wen Chao said politely despite feeling a bit dizzy.

After Wen Chao left, Lu Liang began to tally the profits from this deal. Starting capital was RMB 79 million; now he owned USD 16.2635 million, as well as RMB 149 million.

Of which, USD 6.2635 million was earned from short selling yen, and these two market trends of Teli A gained him RMB 134 million.

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All things considered, including the USD 20 million account margin, the original capital of USD 100 million had now become RMB 272.43 million.

"Two months, a 172% rate of return, not too bad."

Lu Liang stroked his chin, smiling as he called Old Meng downstairs for tea to share the good news.

"This is fucking awesome, it's not just good!" Meng Changkun's eyes widened, hugely excited.

Even though he only had a 25% profit, his RMB 172.43 million had also earned him RMB 43.1075 million from a capital of RMB 50 million, resulting in a profit margin of 87.5%.

Amid his excitement, Meng Changkun suddenly realized something, "Are you settling up?"

He had entrusted RMB 50 million to Lu Liang's management out of trust, albeit in a custodial capacity.

Normally, there wasn't a need for Lu Liang to clarify this clearly before the settlement date stipulated in the contract.

Lu Liang nodded with a smile, indeed planning an early settlement.

Meng Changkun eagerly asked, "What's the matter, why settle early all of a sudden?"

Lu Liang candidly replied, "I plan to take a break for a while, and this is a good opportunity to delve into private equity operation methods."

After this settlement, his personal savings would exceed three hundred million RMB, ensuring he wouldn't have to worry about basic needs and could begin using other people's money to make money.

He wanted to establish a subsidiary specializing in asset management and planned to pull Meng Changkun and Little Wang into partnership.

"Why involve Wang Xiaocong, that wastrel?"

Meng Changkun was quite disdainful, thinking that it was only because Old Wang was rich; if Little Wang were his son, he would have squandered his wealth long ago.

Lu Liang said with a smile, "Precisely because his father is Old Wang, last year's First Rich among the Chinese and the chairman of Wanda Group, he is worth bringing into the fold."

Real estate was deeply tied to the domestic economy; Old Wang had become the world's richest Chinese not because he dabbled with both the law and the underworld, but it wasn't far from it.

Lu Liang's own capabilities were insufficient, and although Meng Changkun had several billion, his influence was limited to the Yangtze River Delta; only with Little Wang could they ensure their 'warship' would sail smoothly.

Meng Changkun asked, "How do you plan to allocate the shares?"

Lu Liang replied, "I'll take 60, you 30, he 10."

"If he thinks that's too little, I'll take 20," Meng added.

Meng Changkun pondered for a long time. He was a wise man. Lu Liang already had a reputation, and giving him 30% was purely because they had met early, seizing the opportunity first.

Moreover, in this collaboration, his contribution would be limited; taking too much would make it hard to justify, and he might become a target.

Lu Liang was surprised, nodded, and then added, "But as for the position of deputy general, Old Meng, please don't refuse it; Little Wang is too young, I don't trust him yet."

Meng Changkun was astonished. "Aren't you taking it?"

"I'm just in charge of making money; I'll leave dealing with investors to you."

Lu Liang had not forgotten; he still wanted to be a pioneer in domestic new energy. Establishing a private fund was for raising money.

However, to use investors' money to become a pioneer in new energy, he needed to give them a taste of success first.

"Oh my, how can I accept this? But since you can't manage it, I will help you manage it."

Meng Changkun feigned reluctance, his face a picture of embarrassment while almost grinning from ear to ear.

As long as Lu Liang continued to generate returns, his days as deputy would be even more comfortable than Lu Liang's.

Lu Liang just smiled; he knew but didn't say anything.

What Meng Changkun received, he deserved.

There are always good horses, but good horse trainers are rare.

Old Meng had helped him continuously when he was unknown, a very difficult thing.

Who else to appoint as deputy but Old Meng? He was experienced and could handle interpersonal relationships well.

That evening, Lu Liang hosted a dinner and called out Little Wang for the three to meet and discuss this matter in detail.

During the conversation, Old Meng easily manipulated Little Wang, first explaining Lu Liang's original 631 plan, which seriously annoyed Little Wang.

Then, he feigned weakness and pretense of struggle, and, ultimately unable to resist, he gave up 10%, changing the shares to 622.

"That's more like it."

Little Wang showed a satisfied smile and asked curiously, "How much did you actually earn in your last collaboration?"

"Not a lot, just 50 days, a profit rate of 172%, one hundred million became two hundred seventy-two million."

Meng Changkun smiled, mimicking Lu Liang's tone, as if he were discussing something very mundane.

Little Wang was the first to know aside from them, but he wouldn't be the last; this was both a feat and a selling point.

"Holy crap, are you a demon?" Wang Xiaocong's eyes widened, his face in disbelief.

Making more than double in 50 days, in cash, not just antecedent company valuations during venture capital funding.

It was one hundred million in cash.

Suddenly, Wang Xiaocong frowned, "It doesn't add up, didn't the little devils say you made sixty million US Dollars?"

"That's just more than six million US Dollars. I took the blame," Lu Liang sighed; the more he thought about it, the more he felt he had drawn the short straw.

Once he had sufficient capital and the right opportunity, he would definitely plunder a large sum.

"I'd like to carry that black pot too."

Little Wang's eyes were full of envy, wishing he could suffer for Lu Liang.

Without the little devils stirring things up, it would have taken Lu Liang at least another eighteen months to gain his current reputation.

Wang Xiaocong paused, then asked, "How much do you plan to raise for the first phase?"

"One hundred million US dollars, two million per share, 2+20."

Lu Liang had researched; 2+20 was the most common fee structure for domestic private funds.

'2' refers to charging 2% of the fund's size as a management fee, for example, investors would pay 2.04 million for a two million share.

'20' represents the fund managers taking 20% of the total fund earnings as a performance reward.

With one hundred million dollars of principal, making another hundred million, the fund management company would earn twenty million dollars in revenue.