624 Entered the mobile phone business
"Copper mines? In recent years, the value of copper has indeed been very low, and many copper mines in Europe and the United States have been closed. Zhou Jiayang thought about it and said, after all, there is a mining industry under Hutchison, although the main development direction is to make indirect profits through investment in Rio Tinto, and get a piece of the pie in the future, but it itself still has to develop, and the two are not in conflict, but over the years, Hutchison Mining's only achievement is the iron ore in Christmas Creek, and a lot of money has been spent on surveying in other places, but the results are not very good, no way, surveying is a very risky thing in itself, and it is a huge loss if it cannot be detected. Detecting it is a huge return, like Christmas Creek, which directly or indirectly equates to at least $3 billion in earnings, although it takes a long time to earn.
"Yes, now is the best time, this stock market crash is just an episode, in the long run, the future of Asia's economy, will definitely develop rapidly," Chen Zhiwen said: "The demand for copper, mainly from the war and infrastructure, the war is basically gone, there is also a local conflict, infrastructure, the last one or two decades of Western infrastructure has also ended, so copper prices will plummet, but once the economic development of Asia, coupled with so many population, will inevitably drive the development of infrastructure, whether it is the economy or infrastructure, They all need electricity, and electricity needs copper, so this piece is definitely just needed. ”
In fact, the demand for iron ore will be higher, but this market is too big, and has been monopolized by many giants, and has been recognized by many countries as an important economic lifeline, Chen Zhiwen wants to intervene, it is too difficult, even if it can work, the cost is too high, not cost-effective, therefore, I should participate in some through Christmas Creek, and the rest will be handed over to Rio Tinto to develop.
And copper ore is different, first of all, the market is much smaller, the demand is low, and copper because of the high value of the recovery rate is also high, so the value of copper ore is not as obvious as iron ore, the second is that now many copper mines and even copper processing enterprises in Europe and the United States, are closed doors, loss of loss, their own entry at this time, not only will not be targeted, but also may be welcomed, and so they get their hands, and the price of copper will rise again in the future, as long as the interests are not outrageous, the general government will not eat ugly hands to force you to go, after all, They also want to maintain their reputation as a "free market".
Of course, some mainland enterprises may have been targeted in later generations, but that is obviously a continuation of the ZZ problem.
There are too many types of mining, even if it is a giant like Rio Tinto and Vale, it is impossible to involve comprehensive, and its demand for Hutchison Mining is not so high, therefore, it is very good to seize a field and be able to be bigger and more stable, and copper, is the direction of their choice, although the scale is far less than iron, but it is much stronger than rare metals, and the most important thing is that it will not be very sensitive, the special metal market is not large, but because of special uses, there will always be a bunch of troubles.
Of course, in this market, Hutchison Mining can only win a small part, and the majority will be a national enterprise like Chile, no way, the world's main copper mines are in people's territory, no one can compete, European and American giants are the same.
"Okay, I will go to the United States to understand clearly, the mainland is also short of copper, and the demand for copper in the future will be very high, this is indeed a good opportunity, and I can play a strong advantage by winning some of the whole industry chain enterprises in the United States." Zhou Jiayang nodded and said.
"Well, that's it, the stock market crash won't last long, find the right one, just buy it." Chen Zhiwen also said, not only Hong Kong, the United States is actually the same, some well-known companies stocks, now are starting to buy, even Costco itself is the same, repurchase their own shares, it is really too cool to buy at a low price, compared to the price of cashing out a few months ago, back and forth easily made hundreds of millions of dollars, this is equivalent to the net profit of the entire Costco for more than a year, no wonder, most of the world's companies want to go public, doing finance can be more profitable than doing industry itself.
Of course, if you want to make such a high profit, you have to look at your ability, and the average person can at most make a small profit by separating leeks a little.
"Understood." Zhou Jiayang and Dong Youwei said in unison.
Fast forward to 1988, the world had recovered from the 87 stock market crash, and the bubbles in various places suddenly became a little smaller, and then quickly returned to normal. In this small decline, Chen Zhiwen's capital quickly made a move and obtained a large number of high-quality investments.
For example, in Hong Kong, Hongkong Land has purchased more than 10% of the shares of more than 60 listed companies, becoming the largest blue-chip shareholder in the entire Hong Kong market. In the mainland, Hongkong Land has also started to build large-scale office buildings and commercial buildings in Shenhai City, and has also donated 100 charitable Zhiwen Primary Schools in eastern Guangdong Province to provide a path for many children in poor mountainous areas to study.
Hutchison has signed 8 port development contracts with several countries in Southeast Asia at lightning speed, and it is officially because of the global economic depression that Hutchison can be so smooth, at the same time, several large copper mines and 2 copper ore processing enterprises in the western United States have also been acquired by Hutchison at a low price, and now they are also preparing to send Chinese with professional knowledge in the mainland to study in the United States, and then move the processing production line to the mainland.
There is no way to move this thing, but the production line can be processed in China, which can not only create jobs, but also reduce foreign exchange for the country, killing two birds with one stone, and for Hutchison, it also needs to have its own related industrial chain, and these cannot be placed in the United States, where labor is expensive and gradually deindustrialized.
Funds in the United States are taking the opportunity to buy stocks of Coca-Cola, Pepsi, General Electric, Hewlett-Packard and other companies on a large scale, which are large enough to hold enough funds, unlike some small technology companies.
Under various preparations, Chen Zhiwen's multi-party capital made perfect use of the stock market crash and obtained a large number of high-quality assets in the future, and also won some goodwill from the local government, because Chen Zhiwen is raising the falling stock price to help the economy recover, as for the stock market crash will end so soon, it is no one can imagine.
This kind of operation can make more money than shorting, there is no trouble, the operation of big capital has always been the pursuit of win-win, Soros is actually a smart person, he operates like that, it can only be said that the win-win situation he pursues is not with the country that is attacked by him, but a hedge fund team with a large amount of capital.
One day in March, Chen Zhiwen came to the Midea Building, which has become the tallest skyscraper in Hong Kong, but unlike some previous real estate companies that built high-rise buildings and rented them out, Midea Buildings are all for their own use. Procurement and other auxiliary departments. Of course, there is also the top management of Midea, although the position is high, but it is also an auxiliary department.
"Chen Sheng, this is the sales data of our Pokémon in the first three months." Lei Shengli smiled and handed over a set of reports.
"Oh, yes, we sold 8 million in 3 months, which is already the highest record for our handheld computer at the moment, right?" Chen Zhiwen glanced at the data and said with a smile. Some classic arcade games in the 80s, or handheld games, a small part of him still remembers, therefore, more than a year ago, when the chip industry and short-distance wireless signal transmission technology reached a certain level, Chen Zhiwen arranged for the development of this "Pokémon", this game, can be said to be the most glorious game in the history of handhelds, and so on in a few years, when mobile phones begin to appear, and computer prices fall further, people will gradually shift their interest, so to speak, in the late 80s and early 90s, It is the last glory of the traditional video game industry, although in the 21st century, some home game consoles still have a large market, but compared to computer games or mobile games, it is just a younger brother.
Chen Zhiwen naturally doesn't know about the achievements of "Pokémon" in history, but it must also be popular, millions of dollars in a quarter, which is normal, and the games that just come out will have a big sensation, and they will slowly sell steadily.
"Yes, far more than the previous record, mainly this game, which allows friends to interact with each other, is so attractive, especially in Japan, which is still in short supply nowadays, we have used all the foundries, but we still can't keep up with the demand." Lei Shengli said with a smile.
"Well, now these foundries are mainly in Wanwan and Hong Kong, right?" Chen Zhiwen asked again.
"There are not many Hong Kong left, mainly in Wanwan, and a small part in South Korea and Japan." Lei Shengli replied: "Hong Kong's labor is now too expensive, even if we are willing to spend this money, we can't find enough workers, the service industry is too bad, some people with a little ability, and they go to speculate in real estate and stocks." ”
Today, Lei Shengli finally understood why his boss began to plan the gradual transfer of Hong Kong's industries as early as 1984, but in the case of Hong Kong's housing prices rising sharply in recent years, labor has also doubled, and because everyone has money, the consumption of the service industry is also rising, which has also led to higher and higher wages in the service industry, and there are not many people in Hong Kong, and then the manufacturing industry has been robbed.
In terms of the income and working environment provided, the manufacturing industry is really not as good as the service industry, the wages given by people are high, the working environment is not so bitter, some may be more free, ordinary factories simply can't grab people, and ordinary people will not care what manufacturing is the foundation of the economy, will only go to places with better wages.
And how many capable people are willing to watch the people who are outside flipping houses do nothing, and they can easily spend hundreds of thousands of dollars a year, and they are still working overtime until midnight? Or take a step back, if a technical engineer is working and flipping a house, and when the income from the flipping side far exceeds the work, then who wants to work?
As a result, there has also been a large number of resignations within the United States, which has saved a lot of severance pay for the United States, even the United States, not to mention other factories, when the industrial chain related enterprises can not survive, the central enterprise will also have the same ending, and can only go, fortunately, Chen Zhiwen ordered early preparations, otherwise such a large scale, but it would be difficult to steal, this is still most of the production, are outsourcing.
Hong Kong's industrial real estate, after 85 years, rose for two years, indicating that the environment at that time was still favorable to industry, but after 87 years, industrial real estate fell off a cliff, no one cared, and finally forced the Hong Kong government to recycle, and change the commercial nature and then auction, this is the most favorable indirect evidence of Hong Kong's industrial decline.
"Wanwan itself also has some of its own industries, plus the population is also limited, the competitive pressure is relatively large, and their housing prices have also risen sharply in the past two years, and it is estimated that the situation in Hong Kong will be replicated soon, even if it is not to say de-industrialization, but labor costs will definitely rise sharply." Chen Zhiwen analyzed: "I ordered all the OEMs to go to the mainland to build factories under the condition of ensuring that there are no problems with the quality of their production capacity, and the first choice is Shenhai City, where the electronics industry chain is complete, and I need to slowly transfer the production capacity to the mainland." ”
In the original history, Wanwan's electronics factory appeared to be too late to produce, and now, because of the United States in part of the electronics industry dominance, will only form more orders, you know, the original history of these games are Japanese companies, they will definitely give priority to production in their own country, some leftovers will be given to South Korea Wanwan, so it has made Wanwan busy enough, not to mention now, especially in the next ten years, the computer market size will double at an annual rate of almost 100%, In the end, some of these orders will be left to Wanwan, in this case, Chen Zhiwen must also arrange for Wanwan enterprises to enter the country as soon as possible, so as to avoid insufficient production capacity.
"Okay, I'll arrange this." Lei Shengli nodded, whether in terms of cost or efficiency, Midea also needs a large amount of electronic production capacity to be transferred to China, but Hong Kong's local OEM has also gone to speculate in real estate, and its own professionalism is not as good as Wanwan, this piece can only rely on Wanwan to achieve production.
"Well, that's fine, just a little bit of time as soon as possible, nothing else matters." Chen Zhiwen paused, and then said: "Wads has already researched the latest notebook computer in the United States, and you will be ready to launch it without any problems later." ”
"Laptop? Came out so soon? That's good, computer hardware is our weak point, and now that laptops are just getting started, we might need to rely on this to turn around. Lei Shengli said in surprise that the United States was studying the laptop thing, and he naturally knew about it.
"It may be possible to turn over, but it may be a bit difficult to be at the top, and it takes time to take your time." Chen Zhiwen smiled and said: "However, I am more optimistic about another market, I very much hope that we can succeed in this market, and I am ready to make a new generation of mobile phones." In terms of function, it is significantly stronger than the current big brother. ”
(End of chapter)