Chapter 21 Cooperation

(Thank you *GGQ* brothers for the tip, as one of the two grandmasters of this book, I have always been grateful to you, thank you.) Pen & Fun & Pavilion www.biquge.info)

Of course, Zhou You knew that he would offend some of the people present if he didn't shy away from it, but he didn't care. First of all, he only aimed at the leaders of the enterprise level, and provided a feasible strategy for the development of these enterprises. Secondly, although these enterprise-level leaders are not low-level, like a king in their sphere of influence, they are still far inferior to him, and he doesn't care about these people at all.

And the reason why he is so open and honest this time is because of the sense of nationalism in his heart, on the one hand, because of the fact that the mainland is still forming the CIC.

CIC is a company with a small reputation in the mainland, but in the international community, it is a major financial institution that no one dares to underestimate. Since its establishment in 2007, it has become one of the top ten sovereign funds in the world in less than three years, and later became the most influential sovereign fund in the world.

Although the company has not yet been officially listed, it has been mobilized by CICC to raise US$200 billion as registered capital, and when it was reborn a few years later, CIC had a capital scale of nearly US$1 trillion, becoming a capital giant feared by all countries in the world.

What is the GDP of the United States, the number one power in the world, less than twenty trillion dollars. The size of a company's gold absorption alone reached $1 trillion, which is 5% of the entire GDP of the United States, and almost equal to the national GDP of Russia, which ranks 15th in the world.

Think about it, what country is not afraid!

Of course, CIC only has $200 billion in capital, but $200 billion is also the GDP of Venezuela in 2007, which exceeds the GDP of Malaysia and the Czech Republic.

Moreover, these funds do not exist in the form of assets, but are completely cash assets.

Although Zhou You's personal wealth has exceeded 100 billion US dollars, most of his assets exist in the form of shares, and his personal cash on hand is less than 5 billion US dollars.

Since preparing to invest in the bank at the end of last year, he has invested more than $50 billion in cash into the big four banks, Santander and HSBC Holdings, but most of this cash has been subscribed in the form of equity collateral.

And most of his investment in South America was raised in this way, otherwise, he wouldn't have been able to get so much cash out of killing him.

However, the newly established CIC raised 1.55 trillion yuan directly through the Ministry of Finance in the form of treasury bonds, and changed its foreign exchange management assets to 200 billion US dollars, which is a real amount of cash.

If you want to deal a fatal blow to the United States through this subprime mortgage crisis, Zhou You's strength alone is certainly not enough, but if Zhou You can persuade CIC to also participate, then the United States will be hanging this time.

In addition, the purpose of CIC's establishment is to maximize long-term investment returns on foreign exchange assets through a commercial operation model, focusing on the investment business of overseas financial portfolio products, and within an acceptable risk range.

Therefore, the cooperation between the two sides is not only not conflicting, but mutually beneficial. Through cooperation, CIC can turn these funds into overseas high-quality assets as soon as possible, so that these foreign exchange will not depreciate.

Through the cooperation with CIC, Zhouyou can use the impact of these funds to plunder more benefits.

Hearing Zhou You's answer, there was a noise at the scene, and Zhou You's answer was too affirmative, but it made them a little unbelievable. However, Zhou You's prestige is here, and no one directly refutes Zhou You's words.

The Great Elder pondered for a moment and said, "I have a diplomatic dinner in a while, so I can't stay here all the time. So, the response to this crisis can be said later. I would like to hear Xiao Zhou's requirements for this cooperation first, and as for the specific plan, I will check the meeting minutes as soon as I am busy. ”

Zhou You knew that the Great Elder had every opportunity, and although today's matter was important, the diplomatic dinner had been arranged a long time ago, and it could not be canceled at will. The fact that he has such words now is enough to prove the importance he attaches to today's meeting.

Of course, although the utilitarian sense of traveling is strong, some scenes can still be said. "I am also a Chinese, the mainland is my home, and when facing international opponents, I will stand on the position of the motherland without hesitation. In the first meeting with Liaison Hu, I said that for this cooperation, I only need CIC to provide me with a part of the US dollar cash for backup, and that is enough. ”

The Great Elder laughed and asked, "Are there any other conditions?" ”

"Nope!"

"And how effective do you think this operation will be?"

Zhou You pondered for a while and said: "Due to our different purposes, my purpose is to plunder more paper interests, while the purpose of the country is to preserve the value of assets and enrich their strength and foundation in various fields, and the real money is secondary." So, after careful evaluation, my team came up with a rough result. In the face of the subprime mortgage crisis in the United States, by the end of the crisis, CIC's assets could have risen by more than 50 percent. As for the field of resources, industry, and finance, the foundation of our country can be effectively improved, and its influence in various fields can be significantly enhanced. ”

The Great Elder nodded and said, "With your promise, I am also relieved. After all, you are the brightest star in the international investment market in recent years, and there are almost no cases of failure in your investment plan, and you can be called the first investor. ”

This sentence is a bit too exaggerated, if it spreads, Zhou You will become the target of public criticism. Zhou You hurriedly said: "Don't dare to be, I'm just a little luckier than others." ”

He laughed and said, "You don't have to be modest, and you don't have to be arrogant. What you have done in recent years is visible to everyone, and being able to become the richest man in the world in just seven years is an achievement that no one else can match. In particular, your investment plans in South America and Africa in recent years have opened up a shortcut for mainland enterprises to go abroad. In this respect, you are a hero of the state. Therefore, I have also complimented you on many public occasions in the past, and I strictly forbade anyone to make a fuss about your industry. The times are developing, and we are not intolerant of the emergence of chaebols like you in China, as long as we are fair and law-abiding, we will also legally protect the private wealth of any individual. Moreover, you have become the richest man in the world, which has greatly enhanced the self-confidence and sense of glory of the Chinese people, so the advantages of your appearance outweigh the disadvantages. ”

"The accuracy of your investment in the international market and the development of your ideas have also taught us a lot in the course of the past few years. The development plan in South America is still a case study for our companies to learn from, and even an excellent example for our government departments at all levels to broaden their horizons. In the past few years, our country has not only developed economically, but also its international status has been rising steadily, because of the selfless dedication of countless heroic sons and daughters like you......"

In the face of such high-sounding words, Zhou You is really inexperienced, and he doesn't know how to answer. Fortunately, he quickly changed the topic and said: "So, I agree to your request in principle, but the specific details still need to be negotiated between you and Mr. Lou." ”

Zhou You nodded with Mr. Lou, and at this time, he stood up. They were about to get up, but he raised his hands and suppressed them, but everyone changed their positions, and most of them sat there.

Putting down his arm, he propped himself directly on the table, looked at everyone and said: "Although Xiao Zhou didn't say much today, there is a topic that is worth studying, that is, the internationalization trap of enterprises. From the 90s to the present, in the process of reform and opening up, we have paid too many tuition fees, some of which we have to pay, but most of them have been deceived by various so-called international rules that are unfavorable to us, and we have been forced to pay them. In the process, countless thrifty funds have been wasted and consumed, countless technologies have been stolen, and countless companies have been plundered of ownership. We've paid enough for tuition, and it's time to wake up. We must not lose our motivation to forge ahead because of accountability, but we must not lose countless funds and resources because of rash action. Xiao Zhou's experience tells us that the road to internationalization is not so difficult, but why are we struggling, and to this day, we still can't see through the simple conspiracy of foreign companies? Personally, I think this is mainly due to the lack of vision and strategy of our corporate leaders as decision-makers......"

As soon as he heard such words, Zhou You secretly screamed that it was not good, and when the Great Elder said this, he really put himself on the opposite side of everyone at once. Even if you don't have to be afraid of them abroad, you have a lot of industries in China, so you still have to pay attention to some hidden arrows in the future.

Because his train of thought was interrupted, he didn't even pay attention to the words of the Great Elder, until he secretly decided not to be in such a limelight in the future, and then diverted his attention again.

"The financial market is a bloodless battlefield, but the cruelty is even more than the ordinary battlefield, the ordinary battlefield loses the lives of soldiers, the victory or defeat of a battle will not affect the fate of a country, but the financial battlefield can directly affect the rise or decline of a country, so I must have a more resolute attitude, more prudent decision-making, more comprehensive consideration to face the competition in the financial battlefield. I hope that during the three days that Xiao Zhou is staying in the capital, you will come up with the most suitable plan. ”

It wasn't until the Great Elder left the conference room that the atmosphere in the room relaxed a little. A few old cigarette guns took out the cigarettes in their pockets, handed out cigarettes to each other, and traveled around the locals, taking the cigarettes from the general manager of the building and lighting them, and after a while, the room became a miasma.

After smoking a cigarette, everyone quickly returned to normal, and Zhou You walked in front of the big screen again, and began to seriously introduce the causes of the subprime mortgage crisis, the future development judgment, and how to profit from this crisis.

Compared with the radical travel, the decision-making of state agencies is not always so smooth and conclusive, and most of the projects they are looking at are projects that are more profitable, although they are more secure.

For example, futures and futures indexes, including foreign exchange speculation, these institutions will not try easily. Because these markets are changing rapidly, decision-makers need not only to have skilled professional knowledge, but also to have keen market judgment and resolute execution.

They are afraid to participate in these high-risk projects, but there are countless projects that are suitable for these institutions, the most noteworthy of which is industrial acquisitions.

In the process of opening up to the outside world in the past 30 years, the mainland is getting closer and closer to the international level, but there is still a certain gap between the mainland and the developed countries in terms of basic industries, such as raw materials, such as technology, and management.

Compared with how much money you will make in a short period and a half, it is more helpful for a country's long-term development to really get the gains in these aspects.

Zhou You knows very well how many companies in the United States will be unsustainable in a little more than a year. When the virtual economy affects the real economy, it is the arrival of an economic crisis.

This year is not too obvious, because now the subprime mortgage crisis has not had much impact on the real economy, next year will be the real Great Depression, and by the end of next year, the entire US economy will be in recession, and it will not be until 2010 that the US economy is slowly recovering.

Of course, Zhou You also focused on introducing Fannie Mae to these institutions, and Freddie Mac, a state agency that the U.S. government will never ignore, wants to directly affect the U.S. economy, and investing in these companies is much stronger than investing in Morgan Stanley. As for those banking institutions, if they don't have voting rights, no company is worth investing in.

Zhou You's memory is not very clear, but he also vaguely remembers that the two houses lost tens of billions of dollars, and in the end, they were saved by tens of billions of dollars allocated by the U.S. government, so the two houses were directly delisted from the stock market.

It seems that in three or four years, the two houses have slowly recovered, and the assets have skyrocketed several times, becoming a powerful engine for the recovery of the American economy.

Of course, as an overseas individual investor, it is impossible for Zhou You to be allowed to invest in these projects. It is also difficult for state-owned institutions in the mainland to invest, but through national cooperation, there are no opportunities.

Another investment direction is the stock market.

The U.S. stock market was on a rollercoaster ride during the subprime mortgage crisis, and even a fool could have made money if there was money to invest at the time.

At the peak of the stock market in October 2007, the Dow Jones index was almost 15,000 points, but by October 2008, it had fallen by almost half to less than 8,000 points.

However, due to the artificial bull market of the U.S. government, that is, the Federal Reserve and the U.S. Treasury Department cut interest rates, QE and other ways to minimize financing costs, large companies repurchased with low-interest financing, net profit per share rose, shareholder returns rose, and then successfully created a man-made bull market, and the Dow Jones index soared to 18,000 points in this way.

Although I have forgotten the specific time of Zhou You, and I can't remember the time when the stock market will recover, I still have some impressions of the general context.

As long as domestic institutions study the direction and strategy of investment now, and by the end of next year, they will be able to make money even if they are fools, and it is more likely that they will control some sensitive enterprises that the United States has been closed to the mainland.