Chapter 1157: Floating Profit of More than 20 Billion (First Update)

When Huo Jianning was personally in charge of CD-ROM standards, he had already sent a vice president to lead a team to the United States to participate in the "Alien E· T game copyright competition.

About Alien E· The competition for the rights to the game is fierce.

No way, "Alien E· The global box office of the film has exceeded $600 million, and the total box office in North America has exceeded $300 million. T" has never lost its position as the North American weekend box office champion!

Last weekend, September 17-19, "Alien E· T still has more than 1,200 theaters in North America, and the North American weekend box office still exceeds $4 million.

This film has been setting various records, and has been called the "historical record maker" by major entertainment media.

As of the latest situation, "Alien E· T has won an astonishing fifteen consecutive championships and is continuing to create brilliance!

See "Alien E· T", the world's most powerful game companies are very eager for its game copyright style, and there are more than 20 game companies qualified to participate in the competition.

This situation made Atari angry.

But human nature is like this, the harder it is to get, the more you want it.

Atari's internal decision is that the heartwarming family sci-fi film adaptation is definitely the best for Christmas sales, and will appeal to young people far more than all the games currently in development or on sale within the company.

But now time is running out!

Therefore, Atari's determination to win the game rights is unusually strong.

Some game companies are not strong enough and have been defeated one after another, but Tiangong Electronics Group has bitten Atari to the death, making the Atari team grit their teeth with hatred.

It's just that Tiangong Electronics Group was originally the biggest competitor of Atari Corporation, and seeing the madness of Tiangong Electronics Group, Atari's acquisition team had to report to the company again and again, and approved more funds to participate in the competition again and again.

In the end, Atari had the "last laugh."

On September 24, under the unwilling eyes of the acquisition team of Tiangong Electronics Group, the acquisition team of Atari Corporation proudly won the "Alien E· T's game copyright.

Historically, Atari had only spent $25 million to acquire the rights because of a lack of competitors.

But this time, Atari was in a more difficult situation, and because of the vicious competition of Tiangong Electronics Group, Atari had to pay an additional $17 million to obtain the "Alien E· T's game copyright.

After winning the copyright, there are only three months left for Atari to develop, produce and distribute goods!

The two tasks arranged by Xia Yu were all completed, and Huo Jianning immediately reported the situation to Chairman Xia Yu and received Xia Yu's encouragement.

However, Xia Yu also did not forget to remind Huo Jianning that the Christmas offensive is the most critical step, whether Tiangong Electronics Group can soar into the sky, following the field of arcade games, and once again win the leading position in the home game console market, it depends on that time.

After that, Huo Jianning continued to devote himself to the work of Tiangong Electronics Group with high morale.

......

In the blink of an eye, September flies.

Since the outbreak of the sovereign debt crisis in Latin America, more than 50 days have passed unconsciously.

However, because the sovereign debt crisis is too wide-ranging, the situation is too complex, and the demands of countries such as Mexico are too unreasonable in the eyes of commercial banks in Europe and the United States.

So much so that since the outbreak of the crisis, not to mention a definite result, the initial plan has not been thoroughly negotiated.

The longer it drags on, the more pessimistic people become about the crisis.

And the unlucky, the first to bear the brunt is the banks involved in various countries.

Many small and medium-sized banks around the world have been forced to file for bankruptcy due to a run on sovereign debt.

The global banking sector has been overshadowed by a dark cloud of systemic risk.

To this end, the pressure on Fed Chairman Paul Volcker and IMF Managing Director Jacques de la Rossier is mounting.

As a last resort, the two tried their best to put pressure on Latin American countries, and at the same time on major commercial banks, trying to get the two sides to compromise with each other as soon as possible.

At the same time, major commercial banks have also turned to their own governments for help, causing European and American governments to constantly put pressure on Latin American and other countries to force countries such as Mexico and Brazil to make concessions as much as possible.

The pressure exerted by various governments has only had a noticeable effect on Mexico, which has announced specific plans for the implementation of a clean government and is ready to increase revenue and reduce expenditure.

But Brazil, Argentina, Chile and other countries are still hard-lined, and there is a strong voice in each country calling on the government to completely abandon these debts.

On October 2, at a meeting of the Federal Reserve Bank of New York, IMF Managing Director Jacques de la Rossier brought another piece of bad news to bankers.

Before the IMF can contribute funds, many commercial banks must jointly come up with another $5 billion in new funds, and this funds must be in place by December 15, otherwise the IMF will not contribute money to solve the crisis.

After this news was exposed, the stock prices of many banks accelerated their decline again.

And the floating profit obtained by the Galaxy Fund has skyrocketed again.

After Xia Yu specially counted, he learned that the eight teams of the Galaxy Fund have accumulated floating profits of 28.6 billion US dollars!

And the floating profit is still climbing rapidly every day.

According to the current situation, it will take at least more than a month for European and American countries to come up with a proper solution to the Latin American sovereign debt crisis.

This means that there is at least a month left in the profitable period!

Even if Europe and the United States come up with a plan, it does not mean that the crisis will be resolved immediately, but in the previous life, until 1989, the United States was still proposing the Brady plan to solve the Latin American sovereign debt crisis.

It is conceivable that the adverse effects of the Latin American sovereign debt crisis will continue to exist for many years to come.

Therefore, Xia Yu is not worried that it will rebound after the high-speed profit period, unless it is the Galaxy Fund's own operational error, otherwise there is no floating profit and then spit out, but the profit rate will drop a lot.

However, more than 50 days after the outbreak of the crisis, the stock prices of many banks have fallen by the same amount.

Bright Fund has begun to stealthily buy shares of Barclays and HSBC Holdings.

Standard Chartered Bank is also buying the stake in South Africa's Standard Chartered Bank, trying to complete its absolute control of Africa's largest commercial bank.

October 6th.

Two major events happened in Xiangjiang that affected everyone.

First, the new Hong Kong Securities and Exchange Law and the Securities and Futures Commission Ordinance (SFCCO) were announced to come into effect.

Second, the Xiangjiang Securities Regulatory Commission was officially established!

On this day, the entire capital market practitioners and investors cheered.

Global TV and major newspapers have made extremely detailed analyses of these two events, which can be summed up in one sentence - the financial market of Hong Kong has a very complete institutional foundation, and the future of the financial market of Hong Kong will be bright!

The institutional problem has been solved, and investors and practitioners have not forgotten the other most important thing.

That was the official merger of the four major exchanges and the opening of the joint exchange.

And the time is exactly next week!

PS: I'm sorry, the weekend has nothing to do with me, the city raided, worked overtime to a little faster last night, and I'm still working this morning, hey