At the peak of the A-share stock index, Oriental Fortune and Modu Securities merged, and the equity distribution of the new company was not important, but was controlled by the Sixiang Fund anyway. The name of the new company has become Oriental Fortune Technology Company, which has nothing to do with securities.

Oriental Fortune, which has been suspended for several months, has finally resumed trading, not to mention directional financing, equity placement and other operations, the market value after the resumption of trading, the official set at about 1500 soft sister coins, and then the opening exceeded 200 billion soft sister coins, and the daily limit continued to rise for a few days.

"The stock price of Starlight Film and Television is so abnormal, and it is also because someone is controlling the market behind it. Although the market value of Oriental Fortune Technology Company is higher, there may be vultures eyeing it! And now the concept of Internet finance is hot, great wisdom, and straight flush have risen for a long time, and since last year, their market value has increased by 4~5 times. "Sun Wei

"We are not an Internet finance company, we are a fintech company!" Zhou Shi emphasized

"Wait, you say someone is manipulating the stock price of Starlight Film and Television?" Zhou Shi

"The trend of Starlight Film and Television's stock price is very similar to someone maliciously manipulating ......," Sun Wei

"Then let's teach a little lesson, just in time to make some money. "Zhou Shi, A-shares have reached their peak, and the stock prices of most companies are obviously very unreasonable, not to mention Starlight Film and Television.

"Teach them a lesson?" but ...... Sun Wei

"What, scared of their group of clowns?" Zhou Shi

"No, it's just that everyone is in a mutually beneficial relationship, and it's a little inappropriate to do this!"

"Then don't cooperate like this, we don't make quick money, learn more from Warren Buffett, and only do value investment!" Zhou Shi, there are many pseudo-experts in later generations who say that value investing is a false proposition, saying that stock prices are Brownian motion, and Made, I don't know what they are looking at. Value investing who will stare at the stock price for a long time. Value investing, investing in an industry, and then selecting outstanding companies and entrepreneurs in this industry.

The industry is divided into sunrise industry and sunset industry, and the division of the industry is different in different countries and markets. For example, in Europe and the United States, the textile industry is an obvious sunset industry, and it is basically impossible to have excellent enterprises, but it was different in China before, whether it was Weiqiao Group or Shenzhou Group, it was the rise of the textile industry. Now India, Bangladesh, Vietnam and other countries are relying on the textile industry to train workers and achieve economic development. As far as investment is concerned, textile enterprises investing in Europe and the United States have entered the investment in China, and investing in China is not as good as investing in textile enterprises in Southeast Asia and South Asia.

Value investment chooses the industry, and then the enterprise and entrepreneurs, without excellent entrepreneurs, even if it is a sunrise industry, it will not have a future, such as the previous 8848, the guy who laughed at young people on TV shows, and now he is being shot to death by rising stars. However, no matter how good an entrepreneur is, it is unlikely that there will be good results in an industry with no hope. For example, the replacement of traditional incandescent lamps with energy-efficient LED lamps represents the complete decline of an industry, and there are many outstanding talents who will be buried with the failure of incandescent lamps. Manpower is sometimes exhausted, and not everyone can go against the sky.

"I know that value investment and long-term investment are the trend of the future, but how to ensure our current profitability?" Sun Wei, the financial reports of listed companies are not good-looking, and there will be many troubles.

For example, after the backdoor listing of Friends.com, it became ST stock because of losses, and many investors blamed Friends.com for why it didn't embellish its financial reports and make it more complicated for them to buy stocks. It's a pity that it's easy to beautify financial reports, but there are endless troubles. For example, LeTV, if you want to say that no one knows about his financial report fraud, it is obviously impossible, it is impossible for him to go public without fraud, and it is impossible for the entire industry to stand out when it is out of losses. Assuming that LeEco is listed in the United States, losses are not a problem, and it is very likely that there is no need to fake, after all, Amazon has been losing money for more than ten years, there are more and more investors, and the market value has been increasing. LeEco's problem is not that it is cheating, but that after its finances are out of control, LeEco has basically lost hope of victory.

"Replace short-term profit needs with hope and profit expectations!" Zhou Shi, Friends is a company that is constantly losing money and growing, even if it is an ST company and has many problems in domestic financing, it can still use Galaxy Sixiang to raise funds overseas. How to choose short-term difficulties and long-term difficulties, for professional managers, it is most beneficial to choose themselves, but Zhou Shi is the boss, and he must pay more attention to the long-term development and credit of the enterprise.

"Well, I got it. "Sun Wei, she is the chairman of Oriental Fortune Technology, the former CEO of Dongcai continues to be the CEO, and the other candidates are either internal changes, or seek another job, or enter the time, Sixiang, Analysys International......

"Then let's continue to talk about the development of Oriental Fortune Technology, I have a new idea!" Zhou Shi

"We don't do fintech companies?" Sun Wei, in fact, the word fintech is not so common now, and it is a new word in English.

"Fintech is a form of enterprise, but what about our values? Do inclusive finance in the Internet era, or serve high-net-worth individuals? Or regardless of the target group, it can automatically recommend different solutions based on big data through artificial intelligence......" Zhou Shi

"Financial inclusion is a matter for banks, and we all serve high-net-worth individuals, but if artificial intelligence can meet expectations, it is not difficult to expand the scope of services. "Sun Wei

"I have always believed that although the existence of securities companies optimizes the distribution of social resources, it exacerbates the gap between the rich and the poor. And even if these lofty reasons are not disregarded, the securities company industry itself will bring great changes due to technology, and the traditional experience may not be suitable for future development. If we don't have the idea of constantly innovating, we are likely to be in danger of failure in the near future. "Zhou Shi

The profit model of a brokerage is basically securities brokerage, underwriting and proprietary trading, or a variant of these three models. The problem is that domestic brokerages account for 80% of the revenue of these three models, while foreign brokerages only account for about 50%. Diversified revenues are clearly healthier. And now, when the commission income of brokerages is constantly decreasing, innovation has become a must for domestic brokers.

"Do we want to operate leanly and focus on efficiency rather than scale?" Sun Wei seemed to ask rhetorically

"No matter the time, friends can bring huge traffic to Oriental Wealth, and there is no need to worry about the development of private business, but it is difficult to do business for business. What I want to ask is whether Oriental Wealth wants to contribute to wealth differentiation or to narrow the wealth gap. That is, do we mainly serve the rich, or do we serve the common people......" Zhou Shi

"This ...... I ......" Sun Wei was stumped by Zhou Shi. Take a hundred plating to read the latest chapter of "The Rebirth of the Post-80s Legend Claw Book House" for free for the first time.