Chapter 415: ZIG
In 2013, Xu Teng's business ethics were already well-known, and this was not an overnight achievement. Pen, fun, pavilion www. biquge。 info
Since returning to China at the end of February, Xu Teng has not gone abroad, but he has been almost prepared in all aspects, and has invested heavily in the international medium and long-term oil futures market, forcing Saudi Arabia, the United Arab Emirates, Russia and other oil countries to gamble.
Xu Teng is mainly in the oil futures markets of New York and London, and through the highly leveraged operation of hedge funds, he has made an astonishing amount of short bets, and even oil countries such as Venezuela, Nigeria and Brazil have been forced to intervene in the international oil futures market, and Saudi Arabia, the United Arab Emirates, Middle Eastern consortiums and Russia have been more involved.
The degree of long-short battle is not only the most concerned thing in the global financial market after September 2013, but also silent, unnoticeable, the scale of direct confrontation between the parties is tens of billions of dollars, high leverage fighting, and the resulting financial derivatives and dangerous hedging market is as much as 4 trillion US dollars.
Since October, the Huayin consortium has begun to short the ruble and the rial for a long time, especially the rial, a currency with a fixed exchange rate, on the basis of the global oil shorting.
Xu Teng is different from Soros, he took the initiative to create a depreciation space for rials, trying to break through hard, and whether he can break through in the end is not the key, his goal is to force Saudi Arabia to die.
If Saudi Arabia wants to kill the exchange rate of the Pauliyar, it must maintain the advantage of foreign exchange reserves, and it must expand the scale of exports, even if the oil price plummets, it must desperately expand production capacity, and export more oil in exchange for foreign exchange to maintain the exchange rate.
For Wall Street and global financial giants, even if everyone is not sure which one is in control, as long as the intention comes out, once the situation is clear, everyone will have a tacit understanding to shear the sheep together, completely aggravating the crisis.
In fact, there is no secret in the global financial market, although the exposed hedge funds have nothing to do with the Huayin consortium, but this order of magnitude of chips appear in the global futures and foreign exchange markets, and there are only a few global financial oligarchs with this strength.
Goldman Sachs, JPMorgan, Bank of America and several major European bank consortia asked privately, you didn't do it, I didn't do it, it must be Huayin.
Of course, everyone will not be silent, continue to watch the battle silently, because it is a good thing that there is a giant who takes the lead in the charge, at that time, Xu Teng loses, each shears the wool of the Huayin Consortium, Xu Teng wins, and the wool of each oil country is not beautiful.
This situation continued until November, when China formally proposed a policy plan to reduce production capacity, and shortly thereafter, when the Ukrainian government announced that it would suspend the signing of the association agreement with the European Union, it became clear that the Huayin consortium had already obtained inside information from both sides, and determined that the collapse of the oil and gas and commodity markets was imminent.
Finally, the domestic growth rate fell below 7% for the first time in the fourth quarter, and the global index of dangerous expectations about the risk of a hard landing for China's economy surged, which cannot be stopped, because from 2007 onwards, from 2007 to 2013, the global economic growth was actually only China's engine.
This is like the F16, which is originally an engine, and if this engine fails in the air, then it will have to be done, and the rest of the aircraft will crash if it is intact, not to mention that other parts, from the wing to the data transmission control system, are all faulty.
In January 2014, as soon as the IMF's total data on China's economy in the fourth quarter of 2013 was released, the U.S. Congress then passed a bill on January 23 to break the 30-year-old ban and allow U.S. oil and gas exports in response to the Ukraine crisis, encouraging the European Union, which is dependent on Russian natural resources and oil, to boldly tear up with Russia.
At this moment, the bearish pressure on global oil prices is completely unstoppable, and basically, global financial institutions are sharply shorting.
That's a lot of trouble.
Because the long-term short selling of the Huayin consortium from June to December 2013 was completely operated in advance under the uncertainty of the situation, the scale of the order of magnitude was extremely crazy, forcing major oil exporters to enter the market to gamble.
By February 2014, the countries of Tsarist Russia and Akeko did not dare to bet against each other, and international capital from various sources began to short the exchange rate again, which could set off a big gamble at any time to pressure these international oil suppliers not to reduce production.
China's internal market has also gone along, with investment in the real economy declining rapidly, real estate prices steadily declining, and global oil and commodity prices showing clear signs of decline.
Obviously it is to reduce production capacity, and it is obviously the decline in economic growth rate, but A-shares are soaring.
The share price of Nuoteng Automobile Group has risen again and again, quietly surpassing Volkswagen and General Motors, ranking second in the world by market capitalization.
The high domestic stock price is not actually conducive to the integration of domestic industries, but it is conducive to overseas mergers.
Xu Teng always thought that Tsinghua ZIG Group would not appear again, but it still appeared, the domestic stock market has a high price-earnings ratio and low financing costs, suddenly acquired the equity of Western Digital, and invested $30 billion to become a world-class chip giant.
The Spring Festival in 2014 is relatively early, and the Spring Festival will be celebrated on January 31.
On the night of Valentine's Day, Xu Teng deliberately went to Tanjiang Province to accompany Xia Li to spend a Valentine's Day that was completely different from previous years, did not go abroad, nor did he go to Mahler Villa in Huzhou, just at the Hyatt Regency Hotel in Tanzhou, only a few hundred miles away from the headquarters of Huazhong Satellite TV.
There is no way, Xia Lizhen and Jiang Yingyu participated in the second issue of "Singer", and the recording pressure was very high and the time was very tight.
Because of the problem of running back and forth and not adapting to the water and soil, it is easy to get tired and cold, or be in poor condition, so in the past few months, Xia Li and Jiang Yingyu have been staying at the Grand Hyatt Hotel here since New Year's Day.
Since he is here, Xu Teng is definitely going to visit the class, and the singers on Huazhong Satellite TV are nervous up and down than the participating singers, because Xu Teng is a big customer, since 2005, Huayin Consortium has been the most important advertiser and program sponsor of major TV stations.
Especially for a very popular program like "Singer", from cars, mobile phones to dairy products, to clothing, jewelry, and wine, 80% of the advertising and sponsorship are the responsibility of the Huayin Consortium, and the Shenzhou Media Group negotiates on behalf of them.
Xia Li and Jiang Yingyu participated in the summer band after 8 years of absence, Xu Teng actually did not have additional money to support, after all, Xia Li had enough household expenses, they directly invited the champion of the Chopin International Piano Competition in 2010 from the first period, the Russian pianist Yuliana to help, the second phase invited the Chicago Symphony Orchestra to help, and the third phase will also invite the Scottish Orchestra.
The whole team is quite luxurious, including top musicians from the mainland, Hong Kong and Taiwan to help behind the scenes.
If you have money, it's just such a wave.
Central China Satellite TV must be very happy, the topic is so explosive, the ratings are so good, and they don't have to spend their funds.
At Xu Teng's level, it stands to reason that there is no need to meet with the leaders of Central China and Taiwan, let alone accept other people's banquets, even if they are accompanied by provincial leaders, but since they have arrived in Tanzhou, it is not good not to go through the motions.
It just so happened that there were leaders of CRRC Group, and Liang Weigen, chairman of Huateng Heavy Industry Group, the richest man in Tanjiang Province who has developed all the way from Tanjiang Province to the present, was also present.
Anyway, Xu Teng doesn't have to care too much about this kind of banquet, he can accept the invitation is enough to give face, the leaders are all white wine, he drinks red wine, except for the two leaders in the province, no matter who toasts, he only needs to drink a little meaning.
If it weren't for Xia Li's sudden comeback to participate in "Singer", these leaders of the province, city and CRRC Group really didn't know that Xu Teng's wife used to be a singer, and the leaders of Mango Station were of course very clear, but they never believed that Xu Teng would agree to his wife's participation.
Xu Teng actually has something to disagree with, just let his wife be happy, in her life, she can play a few times.
Because Xia Li and Jiang Yingyu's summer band won the first place twice in a row in the second and third phases with their ultra-luxurious support and absolutely world-class performances, all the leaders seized this opportunity to congratulate Xu Teng on becoming the husband of the Chinese singer.
This compliment is still very interesting to Xu Teng, and several leaders also chatted very happily, at this moment, the provincial leader in charge of the electronic information industry Yang leader answered a phone call, chatted a few words and asked Xu Teng, saying that Zhao Weiguang, chairman of ZIG Group, is also in the province, saying that he wants to come, I don't know if Xu Tengtong agrees.
There was an instant silence in the box, and suddenly it became very quiet.
What level is Xu Teng?
He didn't know much about his visit to Tanjiang Province this time, the only thing that could leak was Central China, and the other could be the news leaked by this Yang leader, which was just a deliberate trick at this time.
After chatting until this time, I was very happy, and several leaders of Tanjiang Province persuaded him to expand his investment in Tanjiang Province this year, and Xu Teng also agreed to increase the advertising investment by 10 points.
What does it mean to suddenly jump out of a ZIG group?
Besides, Xu Teng has no dealings with Zhao Weiguang, chairman of Tsinghua ZIG Group?
This is the way to do business in China, many people are always superstitious about the power of the banquet, whether they are familiar with it or not, they can be your friends with a drink.
"It's okay, let him come." Xu Teng is not very easy to say anything, it is estimated that Zhao Weiguang heard that he was in Tanjiang Province, and then guessed that Yang Leader Yang, who is mainly in charge of the electronic information industry in the province, would meet with him, and talked to Yang Leader in advance.
After all, Xu Teng has been in Tanjiang Province for three days.
Xu Teng agreed, and Leader Yang breathed a sigh of relief, asked Zhao Weiguang to come over as soon as possible, and said something like being punished for being late.
At this time, Xu Teng and Liang Weigen beside him glanced at each other, and it was estimated that Zhao Weiguang and Yang leaders had known each other for many years and had a close relationship.
In the past two months, because of the ZIG Group's acquisition of Ruidi and the attempt to take a stake in Western Digital, the news is very hot, and the whole country seems to have re-acquainted with ZIG Group, in fact, before this, ZIG Group has acquired and invested in a number of small and medium-sized IC design companies in China, and the newly acquired Ruidi chip is a large and medium-sized IC design company belonging to the Huateng Industrial Consortium.
In September 2013, Zhao Weiguang of ZIG Group went to Jiangzhou to visit Shi Lirong, the head of Huateng Electronics Group, shortly after taking office, and it is said that the conversation was quite pleasant.
How to say this, there are large companies willing to make large-scale investments in this industry, that must be a good thing, as for Tsinghua ZIG Group is not a large company, that is, the benevolent will see the benevolent, the wise will see the wise.
This Zhao Weiguang must have wanted to see Xu Teng very much, probably because he wanted to make friends with Xu Teng at the wine table, maybe he had spent a lot of thought in this regard, but he never succeeded.
Xu Teng knew twice, once he proposed it to Shi Lirong in September last year, and wanted to invite Xu Teng to a banquet, but Shi Lirong helped Xu Teng shirk it at that time, because there was really no friendship.
The other was proposed through the Chinese Academy of Sciences.
If Xu Teng had to attend a banquet of this level, it was estimated that he would have to spend 365 days a year in a hotel, so would he still need the Huayin Consortium to set up so many joint partners and senior partners?
Of course, Zhao Weiguang's behavior is also normal, the domestic business atmosphere has always been particularly superstitious about the power of wine banquets, and the boss who wants to invite Xu Teng to dinner in China is not as simple as hundreds or thousands.
In about a few minutes, Zhao Weiguang had already arrived, saying that he had just gone to the provincial information industry department to talk about things, and he heard that Xu Teng was also in Tanjiang Province, so he came to pay a visit.
These are certainly rhetoric.
Since everyone is here, Xu Teng has nothing to say, so he nodded and motioned for the other party to sit down.
Sit?
Zhao Weiguang, the chairman of ZIG, didn't plan to sit down at all, and got up with a wine glass as soon as he sat down, saying that he was late, and he was also very excited to visit Xu Teng, a god of management and Liang Weigen, and wanted to punish himself with three glasses.
It's embarrassing!
Xu Teng didn't know what to say, because he usually didn't participate in any banquets, but wherever he went, he set up a banquet for a few friends and leaders in the hotel under the consortium, which was basically an informal banquet, not talking about the rules on the wine table.
The leaders and chairmen of the government and central enterprises who really have dealings with Xu Teng basically know that he doesn't like this bad rule of toasting and punishing alcohol.
Therefore, when Zhao Weiguang wanted to show how much he abided by the rules at the wine table, and showed his heroism and righteousness as a northerner, Xu Teng did not react at all, and was very cold.
"Mr. Zhao, don't be so troublesome!" Liang Weigen helped Xu Teng say a few words, waved his hand, motioned for Chairman Zhao to sit down and speak, and reminded the other party by the way, "Mr. Zhao, our chairman is the east, the rules are very simple, if you like to drink, you can drink more, if you don't like it, you can drink less, just mean it." The focus is on talking, not drinking. ”
"Oh, then I'll drink a little more, everyone feel free." Zhao Weiguang was a little dizzy, so he could only sit down first.
"Mr. Zhao, you don't have to drink too much, I guess we will meet often in the future, and there is no need to rush if you have something to discuss." Xu Teng still spoke, because he could understand Zhao Weiguang's mood, "Because I don't usually attend banquets, it's rare to have time to invite everyone to cheer, and I'm not here to drink, let alone to talk about feelings, if there's something, let's talk about things." When there is more cooperation, there will naturally be feelings. ”
Everyone present nodded silently.
"Chairman of the board, our President Zhao obviously has something to talk to you about." The leader of Yang in the province smiled, just right, helping Chairman Zhao to make a start and leading to new topics.
"Leader Yang is smart, Zhao is indeed in trouble, and he must ask the chairman and the Huayin Consortium to help!" Zhao Weiguang is definitely a bold person, originally wanted to drink a few glasses of wine and talk to Xu Teng again, since Xu Teng didn't let him drink, it didn't matter, he drank it boldly.
"You say." Xu Teng was very calm, sitting on the back of the chair, quietly looking at each other, to tell the truth, ZIG Group now has a market value of less than 13 billion RMB, which is considered to be at the lower middle level of A-shares, what to play with the grand strategy that Zhao Weiguang announced in the media?
"Chairman, in fact, if I can successfully take a stake in Western Digital and hold more than 1/3 of the shares, it will definitely kill two birds with one stone, one, I want to gradually control Western Digital, and two, I want to use Western Digital to acquire SanDisk, or Micron. As long as I do this, I will be the king of mechanical data and the world's most advanced flash memory technology in my hands, and I am willing to cooperate with Huateng Electronics to make a profit together. Zhao Weiguang's courage is really extraordinary, in front of Xu Teng, this can also be said sonorously.
"You know that the Huayin consortium has also been investing in the storage industry, right?" Xu Teng actually couldn't figure out the other party's true thoughts, showing off that he could acquire Western Digital, but Huateng Electronics didn't have this ability?
The acquisition strategy of Huateng Electronics and many domestic companies is completely different, and it prefers to acquire unattractive enterprises through a large number of analyses to achieve control over technology and talents.
In the field of hard disk, Huateng Electronics from 04 years of the acquisition of the Great Wall Computer Company's Yituo hard disk company, step by step into the development, in 2011 after the acquisition of Samsung mechanical hard disk business, only to become the international market of the second line of mechanical hard disk companies and the first line of solid state drive companies.
If we only want to solve the problem of technical existence and advantages and disadvantages, there is actually no need for mergers and acquisitions of international hard disk companies in China, because Huateng Electronics is already the world's first-class supplier of memory chips and hard disks.
The needs of mechanical hard disks and solid-state disks in domestic military, government, and public institutions, even in special fields, Huateng Electronics' production capacity and technical specifications can be met.
Objectively speaking, storage is only the top and most difficult part of the semiconductor industry, and it is not even the most important part.
"I know, but I have talked with Chairman Shi and analyzed that Huateng Electronics' main focus is still in the field of chip design and process, and the goal is to control the design specifications of the entire chip industry chain, and directly to the construction business of the entire ecosystem, and the investment in the storage field is not large and is not the focus." Zhao Weiguang is very confident, what he said is indeed right, and the whole person also looks very confident and imposing, "Relying on Tsinghua's scientific research system, our ZIG Group can enter the storage in a big way, make a supporting match for Huateng Electronics, and jointly strangle the global hard disk market giants." ”
"Uh-huh......!" Xu Teng pondered, took a sip of red wine and thought for a moment, but decided to give the other party an evaluation, "The idea is good, but it doesn't make much sense!" Because of the mechanical hard disk, Huateng Electronics and Western Digital, Seagate in the technical gap is very small, at present in the domestic market, we actually account for 1/3, because many markets are more special, this sales data is not directly disclosed to you. In fact, we don't particularly care about how much it can be accounted for, because 80% of Seagate and Western Digital's mechanical hard disk production capacity in the international market is in China. On the other hand, there are some things that we won't say, and Shi Lirong can't tell you, that we have always had a lot of technical cooperation with Seagate, and we have not only bought subsidiaries from Seagate, but also provided mechanical hard disks in the military and political fields, which are technically the same as Seagate's latest generation, because we are actually working together to develop them. ”
"How to cooperate between giants, how to win-win, how to suppress other opponents, we will definitely not tell you, there is only one thing I can tell you, the field of mechanical hard disk, whether you enter or not, there is no practical significance. In addition, in the field of SSDs, technically, in fact, the top 10 are basically the same. ”
"What Shi Lirong didn't tell you is very simple, we really didn't use hard drives as the main force point, but our strategy is not to let any party monopolize the SSD market, especially not to let Samsung and South Korean, Taiwanese capital occupy a large share. Personally, I don't think my strategy will change, because the two major suppliers of SSD chips in the world are all controlled overseas by my family and its partners. I don't want big buyers in the market, and I don't want any party to have absolute bargaining power. Xu Teng made it very clear that this is the business of the Xu family, the Heika family and international capital, not the business of the Huayin Consortium.
In fact, this matter is not clear to even Liang Weigen, a senior co-partner.
At this moment, the moment Xu Teng said it, not only Zhao Weiguang was speechless in shock, but the director of Huazhong TV Station, several provincial leaders, leaders of CRRC Group, and several people present were almost speechless in shock.
Although Liang Weigen didn't know anything before, there was nothing to be surprised about, after all, he knew more about the actual financial resources of the Xu family.
"Of course I understand your operation methods in the stock market, these things, the Huayin Consortium has also done these things, and I have also done them, so I can understand." Xu Teng said very tactfully, he didn't mean to teach the other party a lesson, he just made things clear, and by the way, he also dispelled Zhao Weiguang's intention to unite with Tanjiang Province or other provinces to carry out large-scale and heavyweight cooperation in the field of storage, "Actually, I admire your ambition to lead the ZIG Group in the high-tech industry at high speed, but just like the storage industry, many things behind the scenes are definitely not as simple as you see on the surface." To put it simply, the water in every field is very deep, and when you just enter the game, you should be cautious in your words and actions, and make sure that you know enough before making a plan. ”
"Xiao Zhao, there are some things that the Huayin Consortium doesn't do, so naturally we have a reason, let's understand more." Liang Weigen also said a word to appease Zhao Weiguang's mood, in fact, Lao Liang didn't like Zhao Weiguang's nonsense in the ZIG Group very much, he didn't have much money, but he wanted to put on a broad posture.
What time is it now, the magnitude of the Sino-US game is so fierce, even the Huayin consortium must be cautious, and the ZIG group is so fanfare to show off its wealth that it will implicate the Huayin consortium.
Zhao Weiguang was speechless.
Xu Teng said a few words, and the chairman of ZIG, who was originally extremely confident, instantly had no confidence at all.
Zhao Weiguang should actually thank Xu Teng, because Shi Lirong is very yin, and he has always welcomed the attitude of ZIG Group's investment and storage, and also welcomed other operations of ZIG Group, using ZIG Group to muddy the chess game and raise prices, and even take the opportunity to cash out.
In the end, Zhao Weiguang and ZIG Group will lose all their money.
Shi Lirong and Xu Teng reported that Zhao Weiguang used the mentality of real estate and stock speculation to do the semiconductor industry, which was purely looking for death, so Xu Teng didn't need to see this person. If Shi Lirong reported that this person was indeed capable of making a career and was worthy of long-term investment from the Huayin Consortium, Xu Teng would at least arrange time to meet alone, even if it was only for 20 minutes.
Xu Teng now debunks this matter, mainly because he feels that after Zhao Weiguang and ZIG Group muddy the water, it may not be beneficial to the Huayin Consortium.
Why?
Because the national semiconductor industry fund seems to be a lot, it is far from enough to be issued, Xu Teng still hopes that these funds will be used to support valuable small and medium-sized enterprises, as well as equipment manufacturing and material development industries.
Zhao Weiguang is a long-sleeved person who is good at dancing, and if he leads the ZIG Group to draw too much money from the fund pool, it will be harmful to the long-term development of the Huayin consortium and China's semiconductor industry.
Xu Teng's personal point of view, now there is really no need for such a chattering thing as ZIG Group, everyone just bows their heads and works hard, and the time period for a comprehensive breakthrough is only this decade.
"Besides, can I say something that Chairman Zhao may not like to hear?" Xu Teng was very happy today, especially after talking with the director, although people did not dare to guarantee that Xia Li would win the throne of the singer, but in his words, it was basically very clear, and he would definitely let the program team do their best to cooperate secretly.
Xia Li has been a good wife and a mother who is not very attentive at home for so many years, it is difficult to come out to play a game, as a husband, Xu Teng of course hopes that she can end this matter happily and have a good memory.
As a result, the Yang leader of Tanjiang Province inexplicably pulled Zhao Weiguang over, which really disappointed Xu Teng.
"The chairman of the board of directors is the god of our Chinese management, and it is definitely an honor for Zhao to have teachings...... Chairman, I'm telling the truth. Zhao Weiguang touched his heart and spoke, although he was shocked by Xu Teng's words, he felt that the whole world was controlled by the Xu family, and he still admired Xu Teng, the chairman of the Huayin Foundation.
Zhao Weiguang is actually still a very crazy person, but for Xu Teng, he is very modest and envious, and he is very satisfied with 1/10 of Xu Teng's success in his life.
"Then I'll just say one thing, you should also know that I have been trying to do some Sino-Swiss industrial integration work in recent years, I said very little, but I have done a lot, from the current point of view, in fact, there are very few achievements. Therefore, Lao Liang and I, and other senior co-partners of the consortium have come to a deep experience, which is also the lesson we have finally learned from the continuous acquisition of overseas enterprises over the years, we Chinese want to do big things, want to achieve the ultimate in an industry, relying on acquisitions is all nonsense, 90% of the things still have to be made by ourselves in China. Xu Teng doesn't care whether Zhao Weiguang is sincere or not, he is telling the truth anyway, and hopes that Zhao Weiguang will suspend these boring stock market money games and do something really useful.
At least don't do anything bad to him.
"Chairman, it's still difficult to understand what you said." Liang Weigen thought about the time last year, he personally led the team to negotiate with the Volvo Group in the past few months, and now it is not a waste of time and energy to think about it, at least he summed up this truth with Xu Teng.
If the Chinese want to achieve great things, they still have to rely on themselves!