Chapter 239: The sea sails by the helmsman
However, after hunting geese all day long, he was finally pecked blind by geese, and he cut leeks all his life, and he was also cut as leeks for a round.
During the financial tsunami of '08, Huang Hongnian stepped on a big hole in foreign exchange and bond transactions through Citibank, losing more than S$1 billion, or about 4.9 billion yuan at the time.
Mr. Huang sued Citi for failing to provide him with accurate investment information, which led him to make the wrong decision.
According to Huang, he sensed the financial risk and took the initiative to cut his investment, telling Citi to keep a margin surplus of $100 million in his account.
As a result, according to the account information he provided, Citi provided him with inaccurate account information.
He was told that he still had a strong margin surplus and kept investing more, but then he was suddenly told that the margin surplus was insufficient, and that the shortfall had changed from tens of millions of dollars to hundreds of millions of dollars in just a few days, eventually resulting in a net loss of more than $1 billion when he closed his position.
According to Forbes' calculations that year, this loss was equivalent to half of his net worth.
Heartache is certain, a full S$1 billion is a complete evaporation, unlike the ups and downs of the stock market, there is still a chance to turn around.
After suing Citi, there has been no follow-up. I don't know if it's an excuse for his failure, or if Citi cheats him, an old friend who has worked together for decades.
Whether it's true or not, outsiders have no way of knowing.
Huang Hongnian beckoned Zhang Yida to sit next to him, and he was very talkative, chatting with Zhang Yida about China's business development in recent years.
Chatting and chatting, Huang Hongnian talked about the Internet again, and he sighed: "Back then, I was almost lucky, and I almost took control of Yinghaiwei." ”
Zhang Yida knows the status of Yinghaiwei, which can be regarded as the first Internet company in China.
In 1995, a huge billboard appeared on Zhongguancun South Street in Beijing, which read:
"How far is China from the information superhighway? 1,500 meters to the north. ”
1,500 meters north of the billboard, there is a network science and education museum called "Yinghaiwei".
In the advertising slogan of that year, it said:
"When you enter the time and space of Yinghaiwei, you can read electronic newspapers, go to the Internet café to talk with friends who don't meet in person, go to the Internet forum to talk freely, and you can also go to the international network at any time to ......"
Yinghaiwei can be regarded as the memory of a generation.
However, because the time to enter was too early, every step was an exploration, coupled with the neglect of market demand, missed the opportunity to transform the portal, and the management had conflicts with the management, Yinghaiwei completely collapsed in 04, and the legend came to an end.
I heard Huang Hongnian continue: "At that time in 1997, there was a financial crisis in Hong Kong, and Zhongce Group itself encountered a lot of trouble.
Therefore, we rejected the financing request of ZTE Group, the parent company of Yinghaiwei Holdings.
Thinking about it now, it was still too short-sighted at the time. What a big gold mine to miss!"
Zhang Yida smiled and didn't speak, Huang Hongnian is a master of capital operation, but entrepreneurship and management are really not suitable.
In that year, he acquired 200 state-owned enterprises, and except for a few industries such as beer, most of which were dismal.
Including he himself said: Investing in enterprises, from buying land, building factories to producing products, there are too many tedious affairs, and I have no interest or energy.
He also has a famous saying: an inch of time is an inch of gold, an inch of gold can buy an inch of time, and acquisition is to use "inch gold" to buy other people's "inch of time".
"He's worked hard all his life, and I'll probably get it in a few nights. ”
He has never done "specific work" in his life, even if he controls Yinghaiwei, it is estimated that he will not be able to escape the fate of bankruptcy.
"I heard that Mr. Huang went there in the 90s, met his grandfather, and lobbied them to come at that time?"
Zhang Yida remembered that he was addicted to the acquisition of state-owned enterprises, and then he was whimsical, wanting to copy the miracle of the acquisition and package it to go public in Europe and the United States......
Huang Hongnian let out an "oh" and said with a smile: "You said this! I was thinking about it at the time, right? We have all done it, do they also have to follow up?"
So, I went with the attitude of giving it a try.
When he arrived, he communicated with me many times and asked me what to call him when he saw him, and then taught me to call him and wish him an old man.
I told them, "Don't worry, it's already in my blood." ”
Zhang Yida listened to Yile, this master has also been on the mountain, down to the countryside, and knows the youth
It really melts into the blood!
Huang Hongnian said again: "When I saw him, I began to praise him:
You give me the impression of being a father, the outside world doesn't know much about you, can you travel further and let people come to see more. ”
"And then?" Zhang Yida listened so fascinated that he put down his chopsticks and began to listen carefully.
The other juniors of the Huang family also stretched their necks one by one and listened to their "second uncle" and "second uncle" tell about his legendary life.
"Haha", Huang Hongnian laughed twice, took a sip of red wine, and continued: "When I heard me say, the faces of the people around me turned pale with fright.
But he did not refute me, but said on the spot: We must actively promote and develop the tourism industry.
After talking about travel, I started selling again.
But I was disappointed by the performance, and when I talked about it, he avoided these four words and didn't mention them throughout, only emphasizing four wishes.
Which four?
There is white rice to eat, there is broth to drink, there is silk to wear, and there is a tiled house to live in.
Then I suggested that he take a look, and after listening to it for a long time, he didn't speak, and looked at me directly, and I was scared out of cold sweat at that time.
Then he smiled and said: I agree with your point of view, if you have the opportunity, you want to go.
Later, I learned that I had created three chances for myself to kill my head during that meal.
Because, if you hit your face in person, you will be killed.
But it didn't kill me, on the contrary, we had a good chat and drank 3 bottles of Moutai for one meal.
When I left, the concierge also gave me 3 boxes of fruit and a delicate silverware vase. It is said to be the highest courtesy.
I believed it at one time.
In my mind, power and wealth can be passed on, but reverence and advocacy cannot be simply transferred to the next generation, let alone passed on naturally.
But the reality is always surprising and beyond people's imagination......"
Zhang Yida looked at Huang Hongnian, who was smiling bitterly, did not continue the topic, and said:
"In the eyes of many people, you are an out-and-out China expert, and you can be called the overseas Chinese who know China's national conditions best.
I heard that when you were in China, the local officials invited you to karaoke, considering that you are an overseas Chinese, and ordered you a song "Sweet Honey", but you didn't sing it, but sang "The Sea Sails by the Helmsman" and "Red Star Follows Me to Fight".
Mr. Huang, is there such a thing?"
"That's a must, I'm a "red and professional" person, I also submitted an application to join the party back then, but unfortunately I didn't get it approved. ”
Huang Hongnian said with regret on his face, and recounted the year:
"I've been headstrong since I was a kid and I love to cause trouble. When I was 12 years old, my dad said: I can't control you, let *** take care of you.
Then my eldest brother and I were arranged by my father to study in China. My eldest brother was luckier than me, he was admitted to Beijing University, but he had no choice but to go to Shanxi to join the team as an educated youth.
At that time, I wanted to pursue a beautiful girl, but I was rejected by others.
In a fit of rage, I asked him to arrange for me to go back to Indonesia. ”
"Haha", Zhang Yida said with a smile, "I don't know if the village flower of the year has no regrets now, and he actually dislikes the son of the richest man in Indonesia." ”
Huang Hongnian smiled bitterly and said: "In that era, no matter what kind of rich son you were, the richer you are, the more you are disliked.
Later, after the resumption of the college entrance examination, the girl was admitted to the university in the first batch, returned to the city, and became a teacher in the university.
When I returned to China in the 80s, I went to see her, but unfortunately everyone was married at that time, and I got married too. ”
Speaking of this, Huang Hongnian glanced at the juniors who were staring at him present, his old face flushed, and he said, "However, that is all in the past, and it has long been turned over." ”
Huang Hongnian said: "Although I have never read a book, I have learned a lot of things, and I will never forget the hard life for the rest of my life, and it is also a valuable asset." ”
"When I returned to Indonesia, my dad was afraid that I would be stupid and arranged for me to go to Hong Kong to learn typing and English.
But I wasn't used to specific work, so I went straight to my dad and asked for a factory to manage.
As I said, after the political line is decided, the cadres are the decisive factor.
So I changed the original manager and hired an RB manager for several times the price.
In that year, the efficiency of the factory increased by tens of millions. ”
Zhang Yida listened to Huang Hongnian's rhetoric here, and finally understood how the state-owned enterprises were fooled and lame.
One night, one meal, won 101 state-owned enterprises in Dalian, relying on eloquence and familiarity with the national conditions. Of course, relationships are also important.
"Yida, I see that you have frequently made moves in Southeast Asia in recent years. Have you ever thought about going to the secondary market to show your skills?"
Zhang Yida was shocked, how could this person hit his head with the idea?
Seeing that Zhang Yida was silent, Huang Hongnian said again: "Don't get me wrong. I have learned about your industry, especially the listed company Yimin Netfinance, so you haven't thought about acquiring some assets and putting them into a listed company?"