Chapter 334 Home Appliance Store

Thailand's financial turmoil has briefly entered an eerie lull, since last week the Thai government used $3 billion in foreign exchange reserves to intervene in the foreign exchange market, pegging the baht to the dollar at a price of 25:1.

Soros's first attack was in vain.

International public opinion generally believes that the attack on the Thai baht by international speculators has been completely bankrupt, and the emerging economies of Southeast Asia have sufficient strength to resist the attack of international speculators.

The Thai government celebrated.

But Zhang Chen knew that this was just a short period of tranquility, and it was just a tentative attack by Soros. The Thai government's hasty response has strengthened Soros's confidence.

International speculators are preparing for the next wave of offensive, and when the time comes, the Thai government will not be able to survive so easily.

After Zhang Chen returned home, he talked to his parents about what he was doing now.

Although Zhang Guoqiang and Su Wenjin had been mentally prepared for a long time, they were still shocked when they heard their son's experience during this time.

200 million US dollars, is this the son he gave birth to?

Zhang Chen was indifferent, saying that he didn't actually get that much, which also included 100 million US dollars in AOL shares, which would not be unlocked until a year. But now AOL's stock is rising, up 15% in two weeks, which is equivalent to Zhang Chen earning more than $15 million.

In order not to affect Su Wenjin's fetus, her grandmother was picked up by her sister-in-law. Zhang Chen returned to the room, plugged in the charger to charge the phone, and called Lin Xiaoxia to tell her that he had returned, then turned on the computer and began to write emails to Secretary Liu.

Liu Yunkai has been Yang Zhuping's secretary for three years, and next year, it is no surprise that his boss will be able to become a full-time position, and he may be able to follow the steady progress, and he is more likely to be transferred to some functional departments as a director.

As a person close to the leader, Liu Yunkai knows very well what Yang Zhuping is concerned about, and the problem of the Southeast Asian foreign exchange market in the past month is one of the issues that Yang Zhuping is most concerned about.

When Thailand used $3 billion in foreign exchange reserves to calm exchange rate fluctuations last week, many domestic experts believed that it was just a fortuitous event.

Liu Yunkai contacted Zhang Chen privately a few days ago, wanting to hear what Zhang Chen's opinion was, after all, Zhang Chen left too much impression on him that day.

Zhang Chen promised Liu Yunkai to help him write a complete analysis report, but he was too busy to write it two days ago, so he just returned home and handed in Liu Yunkai's homework first.

When he wrote that "if international speculators gain enough benefits in Thailand's follow-up attack, it is very likely that they will turn to attack Indonesia, the Philippines, and even Xiangjiang", Zhang Chen's heart moved, hesitated, and remarked at the back of this report: "If a serious financial crisis occurs in Indonesia, it is very likely to turn into political turmoil, and its domestic government is extremely anti-Chinese, in order to divert domestic contradictions, Indonesian Chinese are very likely to become victims, and a Chinese exclusion movement similar to 1965 will break out again." ”

After writing the entire report, Zhang Chen double-checked it twice to see if there were any formula references and logical errors.

sent the report to Liu Yunfei's private mailbox, and Zhang Chen took a bath and went to sleep.

Early the next morning, Zhang Chen first went to IDG's office to learn about the recent operation from everyone.

Shen Nanpeng's speed of entering the role is still quite fast, his group of newcomers, Huang Zhifei and Liu Ai are newcomers who have been in the company for less than a year, and they have basically done assistant work before, and PTV-China team has just become a regular before it was converted to IDGVC.

Shen Nanpeng took two newcomers, after finishing the case of Shunchi, he kept inspecting the project across the country, Zhang Chen saw the reimbursement form of Shen Nanpeng's team, which was more than twice that of Zhou Quan's team, and almost all of them were travel expenses.

Shen Nanpeng is very organized and has a clear goal. Even though Zhang Chen told him that food, clothing, housing, transportation, birth, old age, sickness and death are all investment directions, Shen Nanpeng knows that the company's big strategy can be like this, but to do specific work, we must grasp a direction to dig deeper, and a hammer in the east and a stick in the west will definitely not be good.

Zhang Chen carefully flipped through the various reports of the seven projects handed in by Shen Nanpeng, and had to admit that Shen Nanpeng's ability to train his subordinates was far above his own.

Before Zhang Chen took over IDG, in order to familiarize himself with the situation of each investment manager, Liu Ai and Huang Zhifei had also read a lot of reports on project analysis, market research, due diligence and other things they had done before.

But now looking at the things handed in by the two people, it is much more pleasing to the eye, the logic is rigorous, and the data is detailed, it can be seen that Shen Nanpeng has worked these two people.

After reading the reports of the seven projects, Zhang Chen pondered for a while and called Shen Nanpeng to the office: "Neil, let me ask, how did you choose the electrical appliance store as your main direction?"

Shen Nanpeng thought that Zhang Chen was not satisfied with this direction, and explained: "That's the case, I very much agree with what you said last time, indeed, all industries are now in the stage of great development, as long as you invest in the right person, any industry has the opportunity to make money." I chose the electrical appliance store as the investment direction mainly considering three points. ”

"First, this is an industry that is half a step ahead of its time. At present, the sales of the domestic household appliance industry are hot, but the channel is single, most of them are sold in comprehensive shopping malls and small household appliance stores, and there is no real national chain of large-scale electrical appliance stores. But consumers, in fact, have this need, therefore, large-scale chain electrical stores will inevitably become a new trend. ”

"Second, the urgency of the need for capital. It is true that all industries are developing greatly, but each industry has a different thirst for capital, and the returns we get from our investment are also different. The electrical appliance store industry has high requirements for cash flow and will expand rapidly. Then, in the start-up stage, it also has the highest thirst for capital. As a capital side, we can grasp a certain amount of initiative, which is difficult to compare with other industries. ”

"Third, the complementarity of resources, the current domestic electrical appliance store industry, on the surface, the lack of capital, but in fact, the lack of financing channels. The business model of home appliance stores determines that their financing is very likely to be normalized, but because they are all in the initial stage, it is difficult to continuously raise funds from traditional financing channels. And we can help them in the early stage of regular financing. Once there are one or two national chain stores, the advantages of this channel can fully feed back to other industries in which we invest, and the resources are highly complementary. ”

Zhang Chen nodded: "I agree with you very much. ”

Shen Nanpeng's analysis allowed Zhang Chen to see what vision is, to be able to see the opportunity of chain electrical appliance stores in an era when there is no large electrical appliance store, and judge that there will be one or two national chain stores, the high vision is breathtaking.

Shen Nanpeng breathed a sigh of relief and said with a smile: "I thought you would not approve of entering this industry because of the fierce competition in the home appliance industry." ”

Zhang Chen pulled out a few investment reports from seven projects, "I recommend additional investment in these three, you can talk to them more, if possible, try to get more than 10% of the shares." ”

Shen Nanpeng took the three reports and looked down.

Gome Electric, Suning Electric, Yongle Electric.

Busy with a big standard, one shift every day this week, and a double shift on Saturday

(End of chapter)