Chapter 559: Song Jesus
At the beginning of February in '97, the Chinese people welcomed the Lunar New Year, but many people in the streets and alleys of the Thai capital could not hide their excitement.
Next month, the Asia-Europe summit will be held in Thailand.
At this moment, the Thai stock market has been rising since July last year. At this point in time, preparations are already being made to regain lost territory.
Just last year, the country's per capita income exceeded $2,500, making it a middle-income country.
The country has been in a state of rapid development since 12 years ago. The stock market has risen and fallen, but thinking about the meeting that will be held next month, the expectations of the market are naturally going up.
"The next step is to be developed countries! What's the most valuable thing right now? It's not a bank, stupid! β
Looking at the stocks, which have been rising for several months, some people waver in their attitudes under the persuasion of "capable people".
They were eager to take the plunge in their minds, completely unaware of the idea that this might be the highest point in the next twenty years.
But what they don't know is that in another market, Thailand is now in a state of tension.
"The lowest point in ten years, Your Excellency!"
More than 12 years ago, the Thai baht was pegged to the dollar. In the subsequent depreciation cycle of the US dollar, the Thai baht depreciated and the competitiveness of exports increased significantly.
However, since last year, the US dollar has entered a cycle of interest rate hikes, and the Thai baht has not been able to hold its anchor exchange rate.
Because if you want to make money from exports, currency depreciation is advantageous. But the dollar is anchored, and people are appreciating, do you follow?
With it, you can't make money exporting to foreign countries. If not, all kinds of financial expectations have been disappointed.
They're not stupid, of course they have to see the money in their pockets.
Depreciate!
Now, the Thai baht exchange rate has reached its lowest point in a decade.
Anchored a hair, riveted.
But the problem is that the baht is worthless, and the sell-off is coming.
It's a lot more crazy than I imagined.
"Don't worry, $2 billion, that's enough, right?"
If someone sells it, it is nothing more than paying for it. As long as the transaction is successful, this exchange rate level can be stabilized.
But looking at the pretending to be a relaxed finance minister, everyone can't rest assured.
At this moment, the external debt has reached nearly 100 billion US dollars, accounting for 50% of the country's GDP. Among them, short-term external debt, more than 60%.
Although the statistics have not yet been released, last year's GDP growth rate fell by nearly 3% in one fell swoop.
According to statistics in the middle of last year, the non-performing asset ratio has exceeded 35%.
Deficits, depreciation, the stock market starts to decline, and the foreign exchange market suffers shorting.
$2 billion, is it really enough?
β¦β¦
"Mr. Song, Happy New Year."
Shi Youming called Song Yang, and after a few greetings, he turned to the topic: "The New Year is not steady." On the Thai side, the signs are already there. β
"Now you believe it?"
What can Shi Youming say: "This batch of temptations probably only accounts for less than one-tenth of the total amount of funds. However, they released $2 billion in foreign exchange reserves in one go. β
"Haven't we moved yet?"
ββ¦β¦ Of course, it's summer. Shi Youming sighed with emotion, "Mr. Song, if you follow the way of thinking you analyzed, Xiangdao can also buy a wave of rises first, and then cash out and transfer, it's too late." β
"There's no need." Song Yang said surgingly, "Why should we make ordinary people's hard-earned money. β
ββ¦β¦ But someone will do it. β
"That's their business. What's more, the layout requires a time difference, and there will be gains and losses. Song Yang smiled softly on the phone, "It seems that the show has begun." β
"yes, it's open."
Shi Youming also celebrated the Spring Festival.
However, after more than a year of layout, the 2 billion dollar level of assets, and now the market has finally changed expectations, how can he relax.
Hearing Song Yang's call, Zhou Huiya asked curiously: "Do you have any other business?" β
This is true, if Song Yang is a very wary person, she should not ask.
But at this moment, she still asked naturally, and Song Yang naturally replied: "This should be the most secret and important battlefield." β
Zhou Huiya didn't ask any more.
Battlefield.
The word is not ordinary.
I saw that Song Yang thought for a while and then called: "Brother Duan, let's hold a board meeting after the New Year." Didn't Lianxiang propose that production capacity should be expanded? Let's do a gesture and investigate more. β
"In such a hurry?"
"It's just a matter of looking at it, and what kind of decision to make can be discussed." Song Yang thought for a moment and said, "The DVD machine in the domestic market can be considered to be listed a little later, and first go to the European, American and Japanese markets to ask for directions and see the situation." β
There was silence on the other end of the line, and then he said, "You have to convince me." β
"Let's meet as soon as possible."
The mentality of the holiday, the atmosphere of the Spring Festival, some people are relaxing and enjoying, and some people are busy preparing.
By the sixth or eighth day of the first lunar month, many people have started to work, and some people's expected DVD machines have not started to go on sale.
It seems that last year's brag was just, and this year it is still a VCD machine that is sold.
"You don't have a prototype DVD yet! Don't buy a license, the machine won't be available until next year. Li Ru asked Zhu Shaohong suspiciously, "I can tell you, I still have to give face." DVD+RW format,I authorize or sell Sanyou Electronicsγ You can't do it for a year. β
Zhu Shaohong smiled easily: "Real money, what is Mr. Li worried about?" But at the signing ceremony, Mr. Li has to give me a letter of approval, can you attend? β
Li Ru looked a little melancholy, and muttered: "It's broken!" β
Wan Yan pulled one of the shareholders of Sanyou Electronics to her signing ceremony, and the information that may be released is too rich.
"Cooperation and holding are major investment matters for Wanyan." Zhu Shaohong thought that he couldn't wipe his face, "Mr. Li, it's reasonable, you have to attend the signing ceremony." β
Install the latest version. γ
Li Ru gritted his teeth: "...... Okay. However, the money that is said to come first! β
"As soon as the registration is completed, it will all arrive immediately!" Zhu Shaohong replied immediately.
Li Ru nodded reluctantly, and his heart blossomed.
Chunya Investment, on the other hand, withdrew "unconditionally", while Wan Yan invested in Sanyou Culture at a price "worthy of identity", and Li Ru made a lot of money.
Of course...... This still has to be like what Song Yang's kid said, this company can finally come back, and Wan Yan can change hands.
That complicated game, Li Ru didn't understand it very thoroughly.
But at least from the immediate point of view, the price given by Wan Yan is very "sincere".
Whether it is for the consideration of "co-opting" Li Ru, or because the holding of Sanyou Culture is very beneficial to their storytelling and raising the stock price.
In fact, Zhu Shaohong and Gu Song have noticed the news that Sanyou Electronics began to inspect the site selection and open a new factory after the New Year.
At the end of last year's event, Phantom VCD really sold a lot of goods.
Fortunately, after the New Year, the DVD machine was not really sold for sale.
Is it a process problem, or is it something else?
Wan Yan didn't know, but it didn't prevent them from continuing their rhythm.
Of course, there is one more thing on my mind: the DVD prototype that Sanyou Electronics took out at the beginning, is it a look or a real thing?
β¦β¦
Song Yang also went to Dai's house to pay a New Year's greeting.
Dai Xing is not here, Dai Han is here.
Of course, it also includes Dai Can.
ββ¦β¦ You mean, the first batch of machines, only for export? β
"Test the water." Song Yang nodded, "Sony and Philips, which we worked together, just gave us the opportunity to be the first to release." At the beginning of January, a trade fair was held in China, and a consumer electronics exhibition was participated in abroad, and the feedback was still good. However, in the face of Sony and Philips brands, how well we can sell abroad depends on local channels. β
This year's CES was held in early January.
The first year was a DVD disc, and this year a DVD prototype appeared.
Media coverage has earned a wave of eyeballs, but it is not easy to gain recognition in the market.
What brand is meing? I've never heard of it.
But Sony and Philips, that's familiar.
ββ¦β¦ I also work with trading companies. Dai Han was a little embarrassed, "They're not a channel to sell these products. β
Song Yang shook his head: "It's okay. If you bought our VCD in the Southeast Asian market before, it is logical that you can sell DVDs. And in the markets of developed countries, Brother Han, you tell me the contact information of the other party, and I will arrange someone to talk. β
After that, he looked at Yao Peihua: "Is it challenging to launch the Phantom DVD brand in Europe and the United States?" β
Yao Peihua seemed to have found a unique fun, and raised his eyebrows with a smile: "Then you have to do a little more effort, I don't understand foreign countries." β
"Leave it to me." Song Yang winked at her, and then Zhengse said to Dai Han, "Don't worry, I will give the other party an absolutely exciting plan." It's an idea to make them rich, and no one will refuse. β
ββ¦β¦ Tell me about it first? β
Song Yang nodded: "This starts with my Xinke business......
It's not new.
Huaguo currently has the most balanced production capacity between quality and cost, and consumer electronics, Huaguo is unique.
Although many of them are OEM foreign brands.
And this moment is 1997, and on the American side, it is just when the first bubble of the Internet was just blown.
How much imagination will there be in Internet technology and traditional industries?
People at this moment are thinking wildly.
But Song Yang can use this kind of confusion to "help" some people create concepts.
A website, plus a concept like Electric, plus a companion delivery service and "content" services, is enough to package a project.
Then there is the expansion with the help of capital.
Regardless of whether it will be a mess in the future, there will be a good life in the next two or three years from this moment.
Song Yang only needs one point: take advantage of this momentum to let the Phantom DVD first improve its competitiveness as much as possible.
So Dai Han and Yao Peihua couldn't understand the content of the next conversation.
Dai Han felt like a fantasy: "How is it possible? Just such a concept can allow the partners on the US side to develop to the point of going public in just two or three years? β
"If you don't believe me, keep an eye on it." Song Yang was abnormal, "Brother Han, it's not a loss for you anyway." You just need to tell me a good partner, and I'll take care of the rest. β
"What about advertising in the U.S.?"
Song Yang looked at Yao Peihua, who had an inexplicable color in his eyes, and just smiled: "We don't care about their local promotion, we just complete the planning and production of advertising materials." MEING, a brand name for foreign markets, should establish the concept of individuality, pioneering, and self. Well, to put it simply, I'll 'write' songs. This time, there will be a name that will be remembered by the European and American music circles, Song Jesus from China."
Dai Can is not a straw bag, he is stunned: "J...... jesusοΌ β
Song Yang squeezed his eyebrows: "How about this name?" β
ββ¦β¦ Crazy, right? β
"You don't understand, foreign people always like to be crazy."
82 Chinese Net