503 [Caijing Interview]
Song Weiyang actually wanted to see Brother Xiaoma's girlfriend, after all, among the wives of Internet tycoons, this lady had the lowest exposure rate, and she could only find a photo of the two from beginning to end.
But Brother Xiao Ma was unwilling, because Song Weiyang was too famous, and he was afraid of scaring his girlfriend.
As for Brother Xiaoma's wedding time, it is also unknown to the outside world, and he only invited two tables of family and friends when he set the wine. But it was definitely not married in 2001, because this year's West Lake sword, the cardinal leader directly said: "Among us people, the pony is the most immature." Everyone didn't understand, and the cardinal sect leader added, "Only he hasn't gotten married yet." ”
Xiao Ma's online journey should be very smooth, and he was smiling when he left Beijing, and his whole body exuded the sour smell of love.
Song Weiyang stayed in the capital during this time, and in addition to accompanying Chen Tao, he also had a lot of business. The first is to go to "SMIC" to attend the year-end general meeting of shareholders, the second is to be invited by Academician Ni to attend the press conference of "MSI", the third is to participate in the China Council for the Promotion of International Trade to discuss the establishment of the SME Summit, the fourth is to visit a big man in the telecommunications sector, and the fifth is to participate in the CCTV China Economic Person of the Year Award Ceremony.
There are too many things in the communications industry this year, and the telecom czar can't care about suppressing PHS, so PHS decided to blossom in the whole country next year - before it was determined that PHS was not allowed to develop business in several major cities, but now through Song Weiyang and Shenzhou Technology, only Beijing and Shenghai are left in the restricted cities.
That is to say, in addition to Beijing and Shanghai, PHS can be carried out anywhere in the future.
On New Year's Day in 2001, Shenzhou Technology opened business in 15 cities at the same time, and there were preferential activities for the purchase of machines within three days, the price of PHS's old model machine could reach as low as 588 yuan, and PHS's latest clamshell "high-end machine" was only 1188 yuan!
The beautiful era when a PHS sold for more than 5,000 yuan is gone.
Not only PHS, but also 5 mobile phones whose prices fell below 1,000 yuan on New Year's Day this year. Including the mobile phone that Song Weiyang bought when he was studying in Fudan, the price was nearly 10,000 a few years ago, and now it can be purchased for more than 900, and the upgrading of electronic products is too fast. And there are more and more domestic mobile phone brands, what Kejian, Bird, Konka, Haier, ZTE, Xiaxin, Tianyu, Panda, TCL...... More than 10 domestic mobile phones have come out in one go, and the prices are between 1,000 and 2,000 yuan.
The mobile phone business is too profitable, so so many manufacturers are pouring in, and the competition can be described as fierce.
It's still comfortable with Shenzhou Technology, and I can eat alone all the time, holding the hen PHS and laying golden eggs crazily. It's not that no one wants a piece of the pie, but they are all stopped by the telecom department, because the cooperation between telecom and Shenzhou Technology is very pleasant, and both parties can get the benefits they need, so why let a third party come in and cause trouble?
Historically, UTStarcom also ate alone in this way, until Wu Dabeard wanted to set foot in Huawei's territory.
At that time, after Huawei was robbed of business by UTStarcom, it immediately set up a "PHS Department" to fight back. It is estimated that with very deep network resources and very amazing profit concessions, Huawei has finally been recognized by the telecom department and entered the PHS market in one fell swoop. The famous Huawei mobile phone in the future is the foundation laid by Huawei PHS back then, and it has been done step by step.
……
Let's go back to December 26, 2000, it has been two days since Xiao Ma left Beijing, and Song Weiyang was waiting for reporters to come to interview in the courtyard.
The interviewer with Song Weiyang was a woman who was almost 50 years old and named Hu Shuli. Two years ago, she co-founded Caijing magazine and is currently pursuing an EMBA degree, one of China's top financial media professionals. If it weren't for Caijing magazine, Song Weiyang was invited several times and was not accepted, Hu Shuli would not have come to do the interview in person - Song Weiyang had to give her face, and she couldn't push it if she wanted to.
Hu Shuli also brought a photojournalist, and after taking a taxi into the alley, the photojournalist rolled up the window, covered his nose and said: "Whose toilet is out of the house, it smells so stinky, Song Weiyang lives in this shabby place?"
"Don't speculate, everyone has their own preferences. Hu Shuli said.
The taxi driver quickly alerted the place, and before the two got out of the car, they saw a high fence.
Hu Shuli snapped the knocker, and soon the door was opened, Shen Si smiled and said, "You are the editor-in-chief Hu, please come in!"
"Thank you. Hu Shuli smiled and nodded.
Stepping into the gate, he found that there was a cave, and there were two courtyards, and the photojournalist couldn't help but mutter: Rich people are awesome, and they have this kind of big courtyard in the capital.
Song Weiyang was drinking tea with Chen Tao, and when he saw the guests coming, he immediately got up to welcome: "Hello Editor-in-Chief Hu, I have been admiring it for a long time, and I admire it so much!"
"Where, I just did my part. Hu Shuli said.
In the same year, a researcher from the Supervision Department of the Shanghai Stock Exchange conducted a follow-up investigation on 22 securities investment funds under 10 fund companies, and disclosed a large number of shady violations of laws and regulations in two reports. The two reports quickly leaked into the public through informal channels, and the researcher was severely warned by the Shanghai Stock Exchange for leaking internal information learned in his work to others without authorization.
However, Hu Shuli published these two reports in Caijing magazine in the form of selections, and changed the title to "The Shady Curtain of the Fund", which immediately caused a national sensation.
The 10 fund companies that were exposed expressed strong condemnation, and also said that they would sue the author and the magazine for defamation, and even rumored that there were personal threats in private.
The two sides have engaged in a lawsuit of words in the newspapers, and the Chinese economic community is silent, and experts naturally dare not reverse black and white at such a time, but they also dare not stand up to help Hu Shuli tell the truth.
At this moment, Mr. Wu Jinglian, a heavyweight economist, stood up and directly compared China's stock market to a casino, and it is worse than a casino. Because other casinos have rules, for example, you can't look at other people's cards, while the Chinese stock market can not only look at cards, but also cheat and scam.
Now it's more thoroughly exposed, just the first two months!
Chen Tao and Shen Si cooperated in making tea, Hu Shuli said thank you, and asked Song Weiyang: "Interview or take pictures first?"
"Let's interview. Song Weiyang said.
Hu Shuli smiled and asked: "Do you know? CCTV's annual economic figure selection can be voted on the Internet, and you currently have the second largest number of votes, and the first is Mr. Wu Jinglian." ”
Song Weiyang said: "I am very happy because I can rank behind Wu Lao, who is recognized as the 'conscience of China's economic community'. ”
Hu Shuli said: "Can you ask some questions about your opinion on the shady fund? If it is really inconvenient, you can also choose not to answer." ”
"There are no taboos, I have nothing to hide. Song Weiyang said.
Hu Shuli said: "Wu Lao compares China's stock market to a casino, do you agree with him?"
"The stock market itself is a casino, and the same is true in the United States," Song said. It's just that the casino in the United States has been in operation for hundreds of years, and all kinds of rules are relatively perfect, and if someone wants to play tricks, they must also be within the rules. And this casino in China has only been open for 10 years, and people set the rules while playing cards. Sometimes while playing, suddenly someone says: You can't look at my hole cards! So the casino and the dealer say: Oh, you can't look at other people's hole cards, so try to see as little as possible from now on. ”
Hu Shuli was satisfied with this answer, but she felt that it was not enough, so she asked, "What else?"
"China's stock market is now positioned as a misguided company, with the official positioning as 'financing services for state-owned enterprises and financing instruments in favor of state-owned enterprises,' which makes it very difficult for private companies to go public, and there are very few types of stocks on the market," Song said. As a result, companies with listing privileges can rely on high premium issuance to collect money from the holders of tradable shares, and a series of other chaos will naturally occur. ”
"So what?" asked Hu Shuli.
Song Weiyang said: "Therefore, if we want to rectify this chaos, we must first gradually open up the listing rights of private enterprises, so that there are more types of stocks, so that shareholders can choose more, and the operation of the market maker will become more difficult!"
"You're bold. Hu Shuli said.
Song Weiyang said: "There is actually no risk in saying this kind of thing, the fund is so shady, the central government must have paid attention to it, and it is a matter of time before private companies are allowed to go public." ”
Hu Shuli said: "Xifeng is the first private enterprise in China to be listed outside the mainland, why didn't it choose to go public through a backdoor listing in the first place, but went to Hong Kong City to go public?"
Song Weiyang said: "The domestic stock market is too chaotic, and I don't want Xifeng stocks to be messed up." ”
Hu Shuli asked: "Will Shenzhou Technology choose to go public? There have always been rumors about this. ”
Song Weiyang said: "It will not be listed for the time being, because we are not short of money. ”
Hu Shuli asked: "Will Taurus Capital transform into a public fund?"
Song Weiyang said: "Never. ”
Hu Shuli asked, "Why?"
Song Weiyang said: "Golden Bull Capital is what I use to make strategic investment layout, and I am the leader, not to make money. ”
Hu Shuli asked, "Can you talk about your strategic layout?"
Song Weiyang said: "There is no comment, you will be able to understand it in ten years, so please wait and see." ”
Hu Shuli said: "It seems that Mr. Song has a long-term business plan. ”
Song Weiyang said: "Those who don't have a long-term vision will definitely not go far." ”
Hu Shuli said: "I guess what you are doing in the layout of the electronics industry and the Internet?"
Song Weiyang said: "This is one of them. ”
Hu Shuli said: "But now the Internet is sluggish, and Masayoshi Son, the richest man in Asia last year, is now not even in the top 20 of Asia's richest list due to his investment in Internet companies everywhere." When do you think the Internet industry will recover?"
Song Weiyang said with a smile: "When more than 90% of the current Internet companies have closed down, and Internet stocks have fallen to the bottom, it will be time to recover." This is the market's spontaneous ability to adjust, and the Internet bubble was too strong in the past. Take AOL, the world's largest network services company, for example, in ten years, the market value has skyrocketed to $160 billion, which is equivalent to twice that of IBM. As a result, as soon as the Internet bubble burst, the market value directly evaporated by $100 billion, and it is still falling. In order to stop the decline in stock prices, Time Warner has announced a merger plan with AOL, which shows that the relevant investment institutions have reached the point where they cannot afford to lose. Squeezing out the water is the real Internet industry. ”
Hu Shuli said: "Maybe in a few years, we will be able to see whether your investment vision is accurate." ”
Song Weiyang said: "Yes. ”
Hu Shuli said: "You are very confident and courageous, just like when you sniped Soros. ”
Song Weiyang smiled: "I thought you were going to ask Qiong Minyuan." ”
Hu Shuli said: "Qiong Minyuan has been confirmed to be an illegal operation, do you not care about the impact of this?"
Song Weiyang said: "It's not that I'm operating illegally, I'm just a stockholder at that time." If I break the law, then all the shareholders in China are breaking the law. ”
Hu Shuli said: "Warren Buffett, the American stock god, has his own investment philosophy, and you are known as the Chinese stock god by the majority of stockholders, what is your investment philosophy?"
Song Weiyang said: "When I bought Qiong Minyuan, I was still relatively young and impulsive, and I thought about it at that time. Now I only invest in companies that have potential, and I have my own criteria for judging whether a company has potential or not. ”
Hu Shuli asked, "What is the judging criteria?"
Song Weiyang smiled: "Trade secrets." ”
Hu Shuli said: "Xifeng's stock seems to have been falling, aren't you worried?"
Song Weiyang said: "As long as you don't fall below the issue price, Hong Kong stocks are falling anyway, and Lenovo has fallen worse than Xifeng." ”
Hu Shuli asked: "Will this affect the industry layout of Xifeng?"
Song Weiyang said: "It is definitely a lie to say that there is no impact, but it is not as serious as imagined. Xifeng has maintained a high-speed expansion posture for more than a year in the past, and we will slightly reduce the expansion speed next year, and carry out very thorough internal integration to consolidate the development achievements of the previous years. On the other hand, the continuous decline in the stock price is also a good thing, because it has maintained a high speed of development, which has inflated many of Xifeng's top executives. And everyone has money, and the motivation is not so sufficient, and the more the stock price falls, the more sober everyone is, and the more correctly they can understand the actual situation of Xifeng. ”
Hu Shuli said: "Your mentality is very good, and bad things can become good things." ”
Song Weiyang said: "Otherwise, you can't complain about the heavens and others. ”
Song Weiyang and Hu Shuli chatted for one hour, talked about everything, and even talked back to the Chinese stock market, Song Weiyang said directly: "I am an industrial capitalist, not a financial capitalist, don't talk to me about the Chinese stock market in the future." I don't care about that thing, I don't like it at all, they play with theirs, I'll just be honest and do business. ”