Reborn Entrepreneurial Giant.

Chapter 172 Retaliation

The news that Lehman Brothers sold Jumei's shares spread on the Internet. After Jumei's stock price fell below 10 US dollars, it fell below 9 US dollars. It was terrible. The market value was only [-] billion US dollars.

Jumei had no choice but to sell out the major shareholders. Fortunately, everyone knew that Lehman suffered serious losses and was so hungry that it sold the stocks of listed companies in China to make money.Some people may ask why Lehman didn’t sell the large number of U.S. stocks he held. The question is, did he dare?For example, if Lehman holds a large number of Moody's stocks, if it dares to sell them in the open market, Moody's will dare to lower Lehman's rating the next day, which will make you sick.

If a small overseas company like Jumei is bullied, it will be bullied. Can it still take revenge?So, you can only consider yourself unlucky!

"International oil prices have reached their peak and may fall back to US$100 a barrel within the year."

“The impact of the subprime mortgage crisis is intensifying, and Fannie and Freddie may go bankrupt.”

“Is Lehman still half a year away from collapse?”

The young Xie Hailiang, chief economic analyst of Xiangjiang Investment, published several controversial research reports in succession. The first one was of course Lehman Brothers. He gave a very pessimistic expectation: without the help of big capital, Lehman will be The nationalization of large banks or the U.S. Treasury Department is almost the common fate of companies such as Fannie Mae, Merrill Lynch, Citigroup, and AIG...

Although the target is Lehman, Qu Li doesn't mind using this to attack those intellectuals who believe that the United States is a pure market economy with no administrative intervention and no "state-owned enterprises."

Such revenge may be inconsequential, but Qu Li is not without other means. He first strengthens his defense and directly sends a message to Lehman to ask them to confirm the validity of a series of contracts related to Honor, lest they suddenly transfer their shares to a "well-intentioned" third party...

Then he let Huxiang Province know that Lehman was unreliable and must not be deceived. Then it accelerated the acquisition of Xiangcai Securities and cut off the possibility of Lehman cooperating with domestic securities companies in the short term.

There is also shorting Lehman, of course, it has been done for a long time. Now let the Vision Fund step up and continue shorting with increased leverage. Lehman’s stock price is about 50 US dollars now, and it will fall below 1 US dollar per share in the future. There is too much room for short selling. .

"Although Huxiang has suspended its cooperation with Lehman because the risks are too high, I'm afraid there are still some thoughts that require us to provide a future development plan for Xiangcai Securities." Sun Jianhe called Qu Li.

"Are they trying to drag us away?"

"It should be like this!" Sun Jianhe is not stupid, he can still understand the delaying strategy.

"But we still have to make plans, otherwise we won't have a chance."

"Then we will carry out digital transformation with wealth management as the core." Qu Li opened his mouth and came. During this time, he understood some of the securities business. Securities issuance requires a strong political and business background, and he has a bird's background.

"Don't think about it anymore..." Sun Jianhe felt that Qu Li was too hasty.

"What's there to think about? After acquiring Xiangcai Securities, it would be best to get all the licenses for funds, insurance, and banks..."

"..." Sun Jianhe seemed to be frightened.

"Is there a problem?" Qu Li thought it was a normal thing. Later, Ant, Penguin, Du Niang, and Goudong all developed in this direction. It was a normal and common thing.

"No problem, but it's very difficult."

"Nothing is easy. The country is opening up more and more. We will do things honestly and get financial licenses in core fields in ten years. The rest will depend on the company's strategic development direction..." Qu Li thought about what he would do in the future anyway. Yes, it’s not too much to prepare in advance, but I didn’t consider the difference between now and the future. Who would have thought that mobile payment would be so popular now that people going abroad would look at Waiguoren as if they were looking at the countryside.

"Oh, that's good." Sun Jianhe breathed a sigh of relief.

"Don't worry, you still have to have dreams, but you have to be steady and steady in finance. However, digital transformation is inevitable. Commission costs and income will be reduced in the future. If small and medium-sized securities companies do not transform now, they will follow others in the future..." Qu Li said In fact, it was the subsequent development direction of Morgan Stanley and Huatai Securities, digital transformation and comprehensive wealth management platform.

In order to retaliate against Lehman Brothers, Qu Li used various methods, but basically ran out of skills. When Dinghui and Wei Gang saw the opportunity to seize Honor shares from Lehman Brothers, they naturally actively cooperated and participated in providing suggestions. .

After eliminating the trouble of Lehman selling Honor shares privately, Qu Li met Andrew. At this time, he no longer had the energy he had a few months ago. Lehman's problems were indeed too serious. Many smart people, including those who were Qu Li repeatedly reminded Andrew that he was looking for a way out.

"What do you want me to do?" Andrew got straight to the point.

"What do you think I need from you?"

"Transfer Glory shares to you at a low price?"

"It's enough for us to follow the contract. Don't think too much. For me, finance is a means, not a goal. I prefer to do a career rather than money. The professionalism you have shown in investing in the Chinese market is admirable. , Lehman is about to fall apart, and I want to find a group of people from you to develop Xiangcai Securities."

"It's that simple, then you can wait until the day Lehman Brothers really goes bankrupt."

"I want a group of people who start businesses and make careers, not just workers. I want to digitally transform Xiangcai Securities and focus on wealth management in the future..."

"Focus on wealth management? Why..." Andrew was quite interested

"It doesn't matter. I have no background. Do I still want to do securities underwriting? The number of middle- and high-net-worth individuals is increasing rapidly, and wealth management can bring stable returns..." Qu Li thought for a while and emphasized: "I think digitalization is more important..."

The two discussed it, but Qu Li really didn't understand it half-heartedly. He just wanted to listen to it. It was impossible for him to understand it deeply.

But since Andrew is interested, he will naturally have to go to the United States. If he really wants to join Xiangcai Securities, he cannot do it alone. There must be a team to do it. The Chinese are okay, but I don’t know how many foreigners will come to China. Guo work.

Although Qu Li mentioned many times that he wanted to recruit Andrew and the others, he did not make any outrageous promises, that is, regular shares, dividends and equity incentives. The basic salary will not be much higher than that in China. Whether you can make money depends on your ability. Therefore, this matter will really take a certain risk for Andrew and other Waiguo investment banking elites.

Revenge is not the purpose. In order to stabilize Jumei's stock price, they issued an announcement and made certain adjustments to the company: Xiangyun and Danlin under Riyue Fenghua are operated independently; brands such as Cotton Times and Ming are under the responsibility of the e-commerce department.

What does it mean? This means that the two brands Xiangyun and Danlin can be independently financed or even listed separately in the future, while Cotton Era (men's and women's underwear) and "Ming" are equivalent to dogs made in Tokyo and Wal-Mart Huixun, which belong to e-commerce. Self-operated brand, focusing on high quality and low price.

After the announcement, Jumei’s stock price stabilized and returned to more than $10 in less than a month. After all, it is a Facebook concept stock, and Shopee has potential and a future.