Yahoo's development in Europe is relatively smooth, yelp can maintain the first position in the market, after Google's acquisition of Groupon, although it has increased investment, but Yelp, which has a first-mover advantage and financial support, is more attractive, unless Google competes with Yelp regardless of cost and price, otherwise only through time and service to catch up with the gap. Besides, it is still unknown how big a manager Google, which acquired Motorola, can drag into Groupon with what kind of manager. This is not a company that sells video ads like YouTube, and Google is bound to invest heavily in the video field in order to develop. At this time, Google has actually been slightly deviated by Zhou Shi. The re-established Google Video has been competing with YouTube all the time, forming a lose-lose situation.

After staying for a few days, Zhou Shi still left Europe and flew back to China. The acquisition of some of the investment banking and insurance assets of RBS and HSBC Holdings still needs to be discussed.

Sixiang Fund has Modu Securities and AIA, both of which are relatively independent and have great independence. One of them is a state-owned enterprise with intricate internal relations, and the other is a very healthy enterprise with a long reputation and a long history, and if it were not for the subprime mortgage crisis, it would be impossible for such a high-quality enterprise to fall into the hands of an upstart like Zhou Shi. Similarly, East West Sanxiang Bank has a lot of limitations. Zhou Shi doesn't have much opinion on AIA, and maintaining a steady operation is also his requirement, but in terms of funds, he is inclined to be affiliated with his affiliates, plus he can control the board of directors of AIA, according to the rules of the game of capital, it is basically difficult for AIA to escape from his control. Huamei Sanxiang can only be developed in Hunan Province, and the market size and capacity are limited. Only Modu Securities has a lot of room for imagination, but the other major shareholder with a veto power is state-owned assets. In this fully competitive domestic securities market, there are a lot of investment banks, and the scale of Modu Securities is not large, its influence is not large, and the degree of attention is not high. In other words, in the country, according to the conventional development model, there is little potential.

For the sake of power and better development, the overseas expansion of Modu Securities is necessary, which Hu Zuniu also agrees. Overseas expansion will inevitably face personnel adjustments and changes in the company's strategy and structure, and more importantly, it can break the existing deadlock and inject new vitality into the company's development.

"At least on the bright side, there is no reason to object within Modu Securities. "Hu Zuniu

"Then the crux of the matter is the approval from above?" Zhou Shi

"That's right, if the card owner doesn't approve it, we can't even go out if we want to. Hu Zuniu was a little helpless, the state-owned assets into the Sixiang Fund did not bring them the expected convenience, and the development of the Sixiang Fund in China still did not improve.

"I don't think it's a big problem, there's no reason to restrict our development!" Zhou Shi

"Oh! why?"

"As I said, apart from my core industry, I have no restrictions on your development in the Four Elephants Fund, but I still have expectations for you. You should know that at my point, the accumulation of money doesn't mean much to me anymore, and I want to do more valuable things. I want Sixiang Fund to have more talents with an international vision, and this place can provide them with a stage. "Zhou Shi, before he restricted the scope of activities of the two funds, Sixiang and Xinghe, the restrictions were lifted since last year.

"It's going to take time," Hu Zuniu

"What goals have you set for the Four Elephants Fund?" Zhou Shi

"To become a first-class financial holding group in China and a leading financial holding group in the region. "Hu Zuniu

"What's the point! What can you leave behind in this world?" Zhou Shi

"I" Hu Zuniu

"So take a step back, what can you leave behind for this country?" Zhou Shi

"We can improve the country's financial system," Hu Zuniu

"Do you believe this? We are a private enterprise" Zhou Shi said that the distrust of private entrepreneurs in power is inherited from the bones, and of course, many times others cannot be blamed. The moral bottom line of domestic businessmen is many times lower than that of ordinary people, although there are some shameless literati who whitewash, saying that in ancient times it was "no sharp business", saying that ancient grain merchants would add a little sharp point to it when selling rice to others, so as to say that businessmen had a high moral level and knew that it would benefit others. But a little logical reasoning shows that these logics are not valid, and at most they are the actions of a few people. Could it be that the ancient merchants sold rice not by weight, and if so, what difference does it make if they left the tip out? Is the tip set aside extra given? Is it extra given by one merchant or is it extra given by all merchants? If not, then how do you know that the tip set aside is a preferential treatment? Could it be that the price of grain in ancient times was unified? If it is really unified, it is a monopoly, and who knows the specific profit margin? This is the same as the Apple mobile phone is equipped with earphones as standard, and the Xiaomi mobile phone does not have earphones, and the wool can only come out of the sheep.

You must know that there were eight imperial merchants in the world in the former Qing Dynasty, all of whom were representatives of huge profits by selling the motherland (it is said that Robin Li and the eight imperial merchants were all from Shanxi?). The morality of businessmen was like this in ancient times, how good can it be now? So not everyone is an entrepreneur, and it can also be understood that Lenovo Yang Yuanqing's science and technology have no borders, and businessmen don't even want the motherland, of course, their own interests are the most important.

"But our country's financial system is like this, it's not easy to dance in shackles, and I want to do things, but there is not much room for it. "Hu Zuniu

"Who said it's not big, it's because your imagination space is not big enough, and the pattern is not big enough!" Zhou Shi

"Then what can we do?" Hu Zuniu stood up and stood straight in front of Zhou Shi, feeling like he would do it without saying a word. There are even restrictions on short-selling in China, which says that it is to protect the interests of investors, but in fact it is to maintain the vested interests of corruption. Short-selling will inevitably bring about a series of troubles, from listing review to information disclosure, brokerage accounting sponsorship falsification; who is responsible for these things, who is responsible for investors' losses, and who is responsible for the right people who make money through these inferior enterprises to make money? Just as the biggest driver of the rise in real estate prices is the local government, many problems are not unsolvable, but some people do not want to solve them. In this case, how good can the domestic private financial enterprises be? The most powerful ones are those private equity companies like Xu Xiang.

"Do you say the domestic economic situation is dangerous?" Zhou Shi, what did you say about the domestic economic situation in 2012, the biggest concern was the real estate bubble and the overcapacity of the steel industry. The biggest impact should be the recession of the manufacturing industry, a few years later, why Dongguan is determined to sweep the ring, not because of the decline of his manufacturing industry, driving the industry to also begin to decline, and then play a good show, sweep the ring out of a new world.

"Have you ever thought about how to solve the dilemma facing China?" Zhou Shi

The latest chapter of "The Rebirth Legend of the Post-80s" is free to read for the first time.