Chapter 307: Astonishing Investment Returns

Time flies by, and in the blink of an eye, it was the evening of the fundraising gala.

That night, the entrance of the Peninsula Hotel was lined with luxury cars. A grand red carpet extended from the entrance all the way to the lobby, and the venue was already bustling with guests.

Xia Yu, Wang Qi, Ai Le Wen, and other executives from Jiuding Securities mingled with the guests.

"Director Li, thank you for coming."

Xia Yu greeted a middle-aged man with a warm smile and handshake.

The middle-aged man was Li Junxia, currently serving as the Chief Superintendent, a high-ranking official in the police department.

According to the historical trajectory, Li Junxia would rise steadily through the ranks, from Assistant Director to Commissioner of Police in Xiangjiang, and later join Li Chaoren's team to handle security matters, including the notorious Zhang Ziqiang case.

Xia Yu had met him a few times before, so they were somewhat acquainted.

"Haha, I should be the one thanking you, Mr. Xia, for the invitation. It's an honor!"

Li Junxia replied with a hearty laugh.

After chatting with Li Junxia for a few moments, Xia Yu moved on to greet other guests.

Almost everyone who received an invitation showed up, especially the high-ranking officials from government departments. They were astute and understood Xia Yu's intentions immediately upon receiving the invitation, many of them promptly began preparing their funds.

If they confirmed that investing in Xia Yu's fund would be profitable, they would definitely commit their capital immediately.

Apart from these individuals Xia Yu had his eye on, nearly all the investors from Huizhong Fund 1 and Huizhong Fund 2 also attended.

Although they trusted Xia Yu to manage their funds with Jiuding Securities, confidence alone was not enough. They needed concrete data to reassure them.

Therefore, knowing that the gala would reveal the investment performance of the two funds, all the investors were extremely interested.

If the returns were high, they would definitely increase their investment in the upcoming Huizhong Fund 2 and Huijin Fund 2.

Even though the specific data was yet to be revealed, everyone was eager with anticipation.

After all, if the investment returns were not impressive, Jiuding Securities would not have held such a grand gala. The current scene indicated that the results must be outstanding.

At last, the moment arrived, and Xia Yu, along with several executives, appeared on the central stage.

As the spotlight focused on them, the venue fell silent. Everyone put down their conversations and turned their attention to Xia Yu and his team.

Xia Yu smiled slightly and began his opening remarks: "Esteemed guests…"

"Clap, clap, clap…"

As Xia Yu finished speaking, the audience erupted in enthusiastic applause, and he stepped down, passing the proceedings to General Manager Wang Qi.

"I'm sure everyone is eager to know the performance of Huijin Fund 1 and Huizhong Fund 1."

"Hehe…"

Wang Qi's light-hearted comment was met with a burst of agreeable laughter from the audience.

Wang Qi didn't keep them waiting and directly announced, "So, let's begin with the first part of the gala: our two fund managers will introduce the investment performance of the funds."

"First, we have Ai Le Wen, the manager of Huizhong Fund 1, to present!"

Ai Le Wen took over, diving straight into the topic without delay.

"Huizhong Fund 1 has been established for three months now, with an initial capital of 100 million Hong Kong dollars."

"The fund's investment scope is…"

"As of yesterday, Huizhong Fund 1's total assets have reached 131.5 million Hong Kong dollars, achieving a profit of 31.5 million Hong Kong dollars. The investment return rate has reached 31.5%!"

"Wow!"

"Isn't that incredible? That's equivalent to a 10% monthly increase. If it continues like this for a year, the return rate could exceed 120%!"

"It's unbelievable!"

As Ai Le Wen calmly stated the figures, the audience was initially silent, then erupted into a frenzy.

An investment return rate of 31.5%, surpassing the annual returns of over 90% of private equity funds, was achieved in less than three months by Huizhong Fund 1!

"Needless to say, I'm definitely investing in Huizhong Fund 2. I invested 500,000 in Fund 1, so this time, I'll invest 1 million, no, 2 million!"

"I'll also invest 2 million. Xia Yu is indeed a stock market genius. With such high returns, if I don't seize this opportunity, I'd be struck by lightning!"

"Exactly. I'll withdraw from other funds and only invest in Jiuding Securities' funds. Only by following a genius can I make big money!"

"Ai Le Wen is quite capable too. As the investment manager of Huizhong Fund 1, I trust him with the investment matters!"

...

The guests below chatted excitedly. Even though Ai Le Wen stood on stage, he could clearly hear the comments. Hearing the recognition from the wealthy guests, Ai Le Wen could no longer maintain his composure, and his smile was hard to conceal.

Of course, the discussions were mostly from lesser wealthy guests. The more affluent ones, although shocked, managed to remain composed. Only they knew how turbulent their emotions were beneath their calm exterior.

"Next, let's invite Jin Jia Jun, the investment manager of Huijin Fund 1, to introduce the investment situation."

After a while, seeing that the discussion had subsided, Wang Qi nodded to Ai Le Wen. Understanding, Ai Le Wen stepped down, and Wang Qi continued.

The venue fell silent again as everyone anticipated the performance of Huijin Fund 1.

Although many had decided to invest, they knew that with so many wealthy individuals present, competition would be fierce. They might not secure as much investment as they hoped, even with available funds.

Currently, it was a seller's market!

However, if Huijin Fund 1's performance was also good, the amount of funds raised would be higher, and their investment opportunities would increase.

"Huijin Fund 1 had an initial capital of 200 million Hong Kong dollars. As of yesterday, the fund's total assets have reached 258 million Hong Kong dollars, with a profit of 58 million Hong Kong dollars. The investment return rate is 29%!"

Jin Jia Jun reported succinctly, showing no sign of self-satisfaction.

Although the fund he managed was more profitable, its return rate was lower than Ai Le Wen's.

He knew this was because the funds he managed were twice as much as Ai Le Wen's, making the investment challenge greater. However, he didn't bother making excuses for himself.

"Wow, 58 million Hong Kong dollars? The profit is so high?"

"An investment return rate of 29%? Lower than Huizhong Fund 1…"

"You're mistaken; they can't be compared directly. Huijin Fund 1's capital is double that of Huizhong Fund 1, so the investment difficulty is also doubled. A slightly lower return rate is normal, but it's still impressive!"

"Exactly, as Liu said, it's reasonable. Though the rate is lower, it's still very high. If it can be maintained, the annual return would be over 110%, which is rare in Xiangjiang!"

...

Hearing the comments below, Jin Jia Jun's expression relaxed, and a smile appeared on his face. It seemed there were many discerning people, which reassured him.

"Alright, now that everyone is familiar with the performance of the two funds, what do you think? Are the investment returns high?"

Wang Qi took over and, at the end, raised his voice.

This statement completely ignited the atmosphere in the venue.

"High!"

"Very high!"

The audience erupted in coordinated cheers.

"I know that due to the previous fund limit, many friends didn't get much allocation. We also want to help everyone make money. Therefore, under our boss's instruction, our company has decided to establish three more funds to serve everyone!"

Wang Qi said with a smile.

As he spoke, he could clearly sense the atmosphere in the venue becoming tense. Many people were holding their breath, listening intently for the key information.