Chapter 873 - Borrowing Chickens to Lay Eggs
The game company is not certain about the future of the operation of this online game, but Fu Zhengyi is not worried about the future of this game. Pen "Fun" Pavilion www.biquge.info
This time, Fu Zhengyi originally just wanted Li Muyang to enter the state as soon as possible, but he didn't expect that he had discovered a very important business opportunity.
South Korea's population is not very large, according to statistics, the total population of South Korea is only equivalent to three Shanghai markets.
However, in the past year or so since the outbreak of the economic crisis, Internet cafes have sprung up in China, becoming the main places for people to relax, entertain and communicate.
However, for this country, Fu Zhengyi knows that it is different from Japan, and its national centripetal force and collectivist spirit are quite terrifying, and there are some things that must be paid attention to when considering investing here from the perspective of a businessman.
The simplest and most intuitive manifestation is that the hostility of this nation towards Japan is not just words, but they are really put into practice.
The boycott of Japanese products is really not a joke, but the entire population can hold on for decades without wavering.
What's more, as long as you are clear about the historical development of this country, you will find that the five major chaebols in the country were once regarded as 'national heroes' by their citizens, and it is the emergence of the financial crisis that has caused the country to reverse some concepts from top to bottom, so that these enterprises that can be called 'chaebols' have clarified their market competitors, and finally chose Huaxia as the primary choice for product exports.
And South Korea's economic development mode can be simply described in a few words, that is, borrowing chickens to lay eggs!
The method they are accustomed to using is a few simple steps: borrow foreign debts, make commodities, sell them on the international market, and then repay them.
When the online game "Paradise" made waves in South Korea, impacted the vision of netizens, and shocked their perception of "online games", the aftermath of the financial crisis was still raging, taking advantage of the depreciation of its local currency, Fu Zhengyi also moved the "100 cities and 1000 stores" plan implemented in China at an unprecedented speed.
After reading the plan, She Haibo shouted with some dissatisfaction. "Justice, why do you still have to start with 'NC'? How do you look like an abbreviation of 'brain-dead'!"
"The name used by the game company itself, and the NC used in the media is also NC, is it possible to change the name of the company because of the problem of Chinese homophony?" Speaking of this, Fu Zhengyi saw that several other people also had similar expressions, and tapped his fingers on the table. "The domestic BYD is not the same as using pinyin as the first corporate LOGO? Is it possible that no one will buy BYD's car? Don't pay attention to this, as long as the things are delicious, everyone is willing to line up to wait for the location of the restaurant, is it because the name has the word 'a lump', gluttons will not eat?"
Everyone present laughed, but Ran Ying complained dissatisfied. "It's disgusting! Can this be the end of the conversation?"
Since the sticks are willing to hug Lao Mei's thighs, then they will operate this matter in the form of tripartite investment! The American company will order a large number of computer parts from Weizhi Computer and ship them to South Korea, and the NC company is responsible for assembling and debugging, and communicate and negotiate with the owners who are interested in entering the Internet café industry in a cooperative way. LG competes on desktops, but it's all about the speed of action!"
Ji Baoguo, the person in charge of Weizhi Computer, who has only been here for two days, raised his hand. "BOSS, if the company can use a new supplier, then the output of the assembly base will not necessarily be reduced much, but the relevant testing has only entered the second phase, if you boldly change the current configuration, it may lead to the delivery of computer hosts There are hidden dangers......"
"The formation of the after-sales department, isn't it to solve this problem? Besides, the domestic 100 cities and 1000 stores plan, Jiang Province and neighboring provinces and cities, I remember that there is still a need to invest nearly 100,000 units, two or three months of extensive use, should be able to allow the company to determine which components can be used, which collocations have hidden dangers, and the problem of hardware conflicts should also break out because of frequent use. It's better to find a problem and then solve it than to delay a business opportunity......"
The whole day was spent in discussions.
What problems may be encountered, how to solve them, who is responsible for solving them, how to connect pre-sale, in-sale and after-sale, how to prevent the recurrence of similar problems, etc., etc.
There are some things that Fu Zhengyi clearly remembers how they came about, how they developed, and what they would eventually become.
But there are some things, Fu Zhengyi only knows something indirectly, so he doesn't dare to conclude that the decisions he makes will definitely be successful.
But fortunately, he knows the right direction, and even if he fails in the end, he will not be knocked into the dust and there is no room to turn over.
What's more, the funds invested in the Korean market were originally earned by the New York and London companies from the Koreans through the financial market, and even if they lost their money, in his opinion, it was equivalent to the profit they once earned in this market was only zero.
Knowing that hundreds of millions of dollars were going to be withdrawn from the New York company, Tony Sr. couldn't help but sigh. "The current market is not bad, even if the foreign exchange market has stabilized, it is not wise to give up financial means and invest funds in entities......
"LTCM has received the support of the Federal Reserve, and fifteen financial institutions led by Merrill Lynch and Morgan injected more than $3 billion to buy ninety percent of its shares, which avoided the forced realization of trillions of financial assets and exempted LTCM from bankruptcy......
Old Tony shook his head helplessly. "BOSS, the self-owned assets managed by the New York company have decreased by 10% in the past month or so, and if it continues at this rate, I should really retire today next year......"
Fu Zhengyi was depressed by his statement. "Tony! It cost 3.2 billion to acquire Gucci, 260 million to buy Chelsea with Roman, only 300 million U.S. dollars to invest in the Korean market, and only 300 million or 400 million U.S. dollars to be transferred into China through Hong Kong! If I had the ability to spend so much every month, wouldn't I have the whole world by the time I retired?"
"yes, yes, I just think you want to buy the whole world!" Looking at the continuous expansion of the company's assets, I have always wondered why you can see so accurately, I have seen a lot of analysts who can see where the market opportunities are, but there are really few analysts who can clearly know when to leave," said Tony Sr. and sighed. "BOSS, I have an old friend of mine for many years who didn't survive this LTCM incident, he lost nearly $600 million because of it, he had a chance to come out, but in May of this year, he didn't think the crisis would spread, so he jumped from his apartment in Upper Manhattan yesterday......"
"I regret what happened to your old friend. The financial market is a zero-sum game, and although it seems that the threshold for entry is not high, it is actually a contest between the brightest minds in the world! The ubiquitous risks and ubiquitous traps are inevitably the end of bankruptcy if they fail to avoid one of them......
Old Tony was just complaining, and after venting, he said that the fund company's third quarterly report has come out, is it necessary to increase leverage to avoid selling the stocks currently held?
"If there is a sell-off, what are the top picks?"
Old Tony opened the encrypted file saved in the computer, looked at it and said. "BOSS, the first choice is Apple!" The team managed by Tang Yan has misread a number, so the current Apple shares held by the fund company have reached the level of control, if they do not sell, once they attract the attention of the SEC and launch an investigation, it will be really troublesome......
What are you kidding?
Will there be too many Apple stocks?
"Not for sale! Absolutely not for sale!"
Fu Zhengyi replied without hesitation, which made old Tony sigh. Tang Yan also believes that Jobs' Apple should be held for a long time, so in order to avoid SEC investigation, the company needs to deal with it appropriately. In second place is Microsoft, and the third is Yahu ......"
While listening and recording, after Fu Zhengyi clarified the top ten stock holdings, he felt a big headache.
The reason is so simple!
The stocks currently held by the New York company are all Internet stocks, technology stocks, and all of them are bought at a low level, and the New York company has been operating for two years, and the profit is huge, not to mention, the key is that the market will enter the craziest stage next year, how can it be sold before the market arrives?
"Forget it, you better go to the brokerage and talk to the bank, and increase the leverage. The shares of Apple need to be dealt with immediately, you should discuss with Guo Jianmin of the London fund company, sort out the shares held by each other, and avoid similar incidents in the future! In addition, send me the details of the position in the third quarter and the income statement of asset changes in encrypted mail......
After ending the call with Tony Sr. and receiving the mail through the mailbox, he couldn't help but breathe tight in the face of the asset table of the New York fund company.
As of the end of the third quarter, the New York Fund Company had more than $230 billion in financial assets under management, while its own funds were as high as $24 billion.
With such a huge amount of financial assets, if all of them are realized and transferred back to China, presumably the name of Asia's richest man will not be able to escape.
Thinking so, Fu Zhengyi feels that the best way is still to let the fund company increase the leverage ratio.
It's like South Korea's economic development, borrowing chickens to lay eggs......