Reborn with Consumption System
Chapter 841 - 349: Astronomically Priced Bullshit
Let’s be honest — Miss Bing’s combat power is equivalent to three rookies, not exaggerating, right?
Recently, Han Lie’s collaborations with Pan Ge haven’t been enjoyable.
Back when his overall attributes were at 79 points, he could barely manage a three-to-one fight. But now, Dog Lie’s physical capabilities have been raised by a whole tier, leading to a scenario where everyone’s working for nothing...
The main thing is, it’s his own wife, and he can’t really bear to go hard.
Plus, Bai Yuqiu, who’s usually resilient, is currently unavailable, constantly busy with her divorce drama, leaving Bai Yushuang lonely and overburdened.
This left Han Lie with pent-up frustration, desperately hoping for Xi Luting’s return to reform the dark warrior duo with Pan Ge.
So, maybe... have a satisfying meal today?
Han Lie was hesitating when he suddenly received a call from President Jin of Jin Hang in Magic Capital.
"President Han, how’s the roadshow preparation going?"
Roadshow?
Ah, ah...
Han Lie had been so busy he nearly forgot about it, but on the phone, he was full of confidence: "Don’t worry, President Jin, no issues at all, just waiting for your esteemed presence!"
Old Jin was quite uncertain inside, his brows twitching.
The main issue is Han Lie hasn’t sent over the detailed event plan to the bank yet, showing a laid-back attitude.
Old Jin earnestly advised: "President Han, you should take it seriously!
Those more than a billion in subordinate shares aren’t easy to sell, if things don’t go well, it will affect the fund’s establishment and operation, what about our collaboration then?
If there’s anything you need our assistance with, quickly bring it up, there’s only a few days left till the big day..."
Just a few days left?
Han Lie counted on his fingers, well, it’s the 22nd, Saturday, almost here!
Damn, why did I give myself so many troubles...
Dog Lie grumbled internally, but didn’t slack in his persuasion: "Rest assured, I’m meticulously preparing the lecture content, guaranteeing a smashing success! The detailed plan will surely be on your desk tomorrow morning!"
President Jin finally stopped urging, satisfied to end the call.
"Alright, then I’ll be ready to help... this is a significant matter for both of us, Uncle Jin won’t let you charge in alone..."
Han Lie, who’s accustomed to drawing promises, finally got to enjoy someone else’s promises today.
Ah, it’s fragrant!
After hanging up, Han Lie immediately put aside thoughts of Fan Bingbing and called Zhao Zhongshi.
The matter of eating buns, temporarily shelved.
That Ice Sister isn’t someone easily reciprocated, dealing with her now, though it definitely offers benefits, comes with uncertain costs.
Is it worth it for me?
In a few days, once the roadshow achieves a sensational effect, she’ll be asking me to take a bite, maybe even reciprocating something else...
Han Lie is so confident because of the big event the company is organizing —
Roadshow.
Supernova One doesn’t require external sales, so no unnecessary arrangements, but Sky One Fund does.
As a structured fund, the priority portion has a fixed annualized yield of 6.5%, extremely easy to sell, but the subordinate portion is tough.
Subordinate, as the name suggests, it follows behind.
Simply put: if the overall fund yield isn’t high enough, then the subordinate funds must be used to fill the promised 6.5% interest for the priority customers.
Assuming the priority sells to 2.5 billion, its 6.5% equals 162.5 million RMB.
The closed period is 18 months, totaling 243.75 million in interest outlay, plus the custodial and underwriting fees, unable to stop at 300 million.
If the fund’s performance isn’t good, this 300 million has to be filled by the subordinate investors.
Finally, when clearing, priority customers happily take their fixed interest and leave, while subordinate customers face an average loss of 15% or more, finding nowhere to vent their frustrations.
Therefore, any structured product’s subordinate portion is the hardest to sell.
It requires the manager to be incredibly capable, persuasive, with enough connections and strategies, mastering all aspects.
Oppositely, the priority with a 6.5% fixed yield is snatched up fast.
Why is President Jin so attentive and urgent?
Because as the underwriter and custodian of Sky One Fund, Jin Hang secured a 10 billion priority portion!
How valuable is this?
Simple comparison, Magic Capital’s current one-year fixed deposit rate is 3.3%, then they raise it to 3.4% with rewards like rice and flour.
Large deposit agreement rates, for a year, are about 4.4%. For amounts over one hundred million, they can secretly raise it to 5.0% or higher using advance-interest methods.
Note, this is the limit.
To achieve over 6% on large deposit agreement rates would only happen during Special periods, under Special circumstances, very rarely, and much of the extra interest is achieved through methods like financial product revenues.
In other words, not protected, failing to finalize when due happens from time to time.
But Sky One Fund offers genuine protective payments, with an annual interest of 6.5%.
This allure, anyone who’s bought financial products understands.
If I had 10 million spare cash with nowhere to place it, coming across such a good opportunity, I’d dare block the President’s door.
A female President is best.
A man?
Though gritting teeth, it’s still doable...
Magic Capital now expects that 10 billion portions to draw in more customers, boosting their market share and personal deposit data!
But the problem is, its yield guarantee relies on if the subordinate portion can be fully sold.