Rebirth of the Wild Age
503【Interview with Caijing】
Song Weiyang actually wanted to see Brother Xiao Ma's girlfriend. After all, among the wives of Internet tycoons, this wife had the lowest exposure rate. From the beginning to the end, he could only find a photo of the two of them together.
But Xiao Ma didn't want to, because Song Weiyang was too famous, and he was afraid of scaring his girlfriend.
As for the date of Ma's marriage, it is also unknown to the outside world. He only invited two tables of family members and friends when setting up the wine. But it must not be married in 2001, because this year's West Lake Discussion of Swords, the leader in red said directly: Among us, pony is the most immature. Everyone didn't understand, the leader in red added another sentence, Only he's not married yet.
Brother Xiao Ma's trip to the Internet should be very smooth. When he left Beijing, he was smiling and exuded the sour smell of love.
Song Weiyang stayed in the capital during this time, besides accompanying Chen Tao, he also had a lot of business to do. One was to attend the year-end meeting of shareholders at SMIC, the other was to be invited by Academician Ni to attend the press conference at CMSI, the third was to participate in the discussion of the establishment of the SME summit at the China Council for the Promotion of International Trade, and the fourth was to visit a certain representative from the telecommunications department The fifth is to participate in the cctv China Economic Figure of the Year Awards Ceremony.
There are too many broken things in the communication industry this year, and the telecommunications tsar can no longer take care of suppressing PHS, so PHS has decided to blossom nationwide next year—previously, PHS was not allowed to develop business in several major cities, but now through Song Weiyang With the development of China Science and Technology, only Beijing and Shenghai are left in the restricted cities.
That is to say, apart from Beijing and Shanghai, PHS can be operated anywhere in the future.
On New Year's Day in 2001, Shenzhou Technology opened business in 15 cities at the same time, and there were discounts for machine purchases within three days. The price of the old PHS phone was as low as 588 yuan, while the latest PHS clamshell high-end phone was only 1188 yuan. Yuan!
Gone are the good times when a PHS sold for more than 5,000 yuan.
Not only PHS, but also five mobile phones whose prices fell below 1,000 yuan on New Year's Day this year. Including the mobile phone that Song Weiyang bought when he was studying in Fudan University. A few years ago, the price was nearly 10,000, but now it only costs 900. Electronic products are being updated too fast. Moreover, there are more and more domestic mobile phone brands, such as Kejian, Bird, Konka, Haier, ZTE, Amoi, Tianyu, Panda, tcl... More than 10 domestic mobile phones emerged in one breath, all priced at 1000 to 2000 between yuan.
The mobile phone business is too profitable, so with so many manufacturers pouring in, the competition can be described as fierce.
Still, Shenzhou Technology is comfortable, being able to eat alone all the time, holding the hen of PHS and laying golden eggs crazily. It's not that no one wanted a piece of the pie, but they were blocked by the telecommunications department, because the cooperation between China Telecom and China Science and Technology is very happy, and both parties can get the benefits they need, so why let a third party come in to make trouble?
Historically, utStarcom also ate alone in this way, until Wu Dabeard wanted to set foot in Huawei's territory.
At that time, after Huawei was robbed of its business by UTStarcom, it immediately set up the PHS Department to fight back. It is estimated that Huawei has used very deep network resources and made amazing profit concessions. Huawei finally won the approval of the telecommunications department and entered the PHS market in one fell swoop. The well-known Huawei mobile phones in the future will be built step by step based on the foundation laid by Huawei's PHS.
...
Let's go back to December 26, 2000. Brother Xiao Ma had left Beijing for two days. Song Weiyang was waiting for reporters to interview him in the courtyard.
The person who interviewed Song Weiyang was a woman, almost 50 years old, named Hu Shuli. She founded Caijing magazine two years ago and is currently studying for an emba degree. This is the top financial media person in China. If Caijing hadn't invited Song Weiyang several times but was not accepted, Hu Shuli would not have come to do the interview in person - Song Weiyang had to give her face, and she couldn't push it even if she wanted to.
Hu Shuli also brought a photographer with her. After taking a taxi into the alley, the photographer rolled up the car window, covered her nose and said, Who's toilet is upside down? It smells so bad. Song Weiyang lives in this crappy place?
Don't think about it blindly, everyone has their own preferences. Hu Shuli said.
The taxi driver quickly reminded them to the place, and before the two got out of the car, they saw a high wall.
Hu Shuli knocked on the door knocker, and the door was opened after a while. She said with a thoughtful smile, You are the editor-in-chief Hu, please come in!
Thank you. Hu Shuli nodded with a smile.
After stepping into the gate, he found that there was a hole in the sky, and he entered the courtyard twice. The photographer couldn't help muttering in his heart: rich people are awesome, and they build such a big courtyard in the capital.
Song Weiyang was drinking tea with Chen Tao. When he saw the guests coming, he immediately got up to greet him: Hello, Editor-in-Chief Hu, I have been admiring the name for a long time, and I admire it so much!
Where, I just did my job. Hu Shuli said.
Just this year, a researcher from the Supervision Department of the Shanghai Stock Exchange conducted follow-up investigations on 22 securities investment funds under 10 fund companies, and disclosed a large number of shady violations of laws and regulations in two reports. These two reports quickly leaked into the society informally, and the researcher was severely warned by the Shanghai Stock Exchange on the grounds that he leaked the internal information learned at work to others without authorization.
However, Hu Shuli published these two reports in the form of selections in Caijing magazine, and changed the title to Fund Shady, which immediately caused a national sensation.
The 10 fund companies that were exposed expressed strong condemnation, and said they would sue the author and the magazine for defamation, and there were even rumors that there were personal threats in private.
The two sides started a saliva lawsuit in the newspapers, but the Chinese economics circle was silent. Naturally, the experts dared not to confuse right and wrong at such a time, but they also did not dare to stand up and tell the truth for Hu Shuli.
At this time, Mr. Wu Jinglian, a heavyweight economist, stood up and directly compared the Chinese stock market to a casino, and it was worse than a casino. Because there are rules in other casinos, for example, you can't look at other people's cards, but in the Chinese stock market, you can not only look at cards, but also cheat and cheat.
Now the exposure is more thorough, just what happened two months ago!
Chen Tao and Shen Si made tea together, Hu Shuli said thank you, and then asked Song Weiyang: Do the interview first or take the photo first?
Let's do an interview. Song Weiyang said.
Hu Shuli smiled and asked: Did you know? You can vote online for CCTV's selection of economic figures of the year. At present, you have the second most votes, and Mr. Wu Jinglian ranks first.
Song Weiyang said: I am very happy because I can rank behind Mr. Wu, who is generally recognized as the 'conscience of Chinese economics'.
Hu Shuli said: Can I ask some questions about your views on the shady fund? If it's really inconvenient, you can choose not to answer.
No taboos, I have nothing to hide. Song Weiyang said.
Hu Shuli said: Mr. Wu compares the Chinese stock market to a casino. Do you agree with him?
Song Weiyang said: The stock market itself is a casino, and the same is true in the United States. However, the casino in the United States has been in operation for hundreds of years, and all kinds of rules are relatively perfect. Anyone who wants to play tricks must be within the rules. The casino has only been in operation for 10 years, and people make rules while playing cards. Sometimes when they are playing, someone suddenly says: You can’t look at my cards! So the casino and the dealer said: Oh, you can’t look at other people’s cards, so try your best in the future Look less.
Hu Shuli was quite satisfied with this answer, but felt that it was not enough, so she asked: What else?
Song Weiyang said: The current positioning of China's stock market is wrong. The official positioning is 'financing services for state-owned enterprises and a financing tool that favors state-owned enterprises'. As a result, companies with listing privileges can collect money from holders of tradable shares by issuing at a high premium, and a series of other chaotic phenomena will naturally occur.”
So? Hu Shuli asked.
Song Weiyang said: So if we want to rectify this kind of chaos, we must first gradually open up the listing rights of private companies, so that there are more types of stocks, more choices for shareholders, and more difficult operations for dealers!
You are very courageous. Hu Shuli said.
Song Weiyang said: There is actually no risk in saying such things. The fund's shady scene is so big that the central government must have paid attention to it. It will be a matter of time before private companies have the right to go public.
Hu Shuli said: Xifeng is the first private enterprise in China to be listed outside the mainland. Why didn't it choose to go public through a back door instead of going public in Hong Kong?
Song Weiyang said: The domestic stock market is too chaotic, I don't want Xifeng stock to be messed up.
Hu Shuli asked: Will China Science and Technology choose to go public? There have been rumors about this.
Song Weiyang said: It will not be listed for the time being, because we are not short of money.
Hu Shuli asked: Will Taurus Capital transform into a public offering fund?
Song Weiyang said: It will never be possible.
Hu Shuli asked, Why?
Song Weiyang said: Golden Bull Capital is used by me to make strategic investment layout. I am the leader, and the purpose is not to make money.
Hu Shuli asked: Can you talk about your strategic layout?
Song Weiyang said: No comment, you will understand after ten years, so please wait and see.
Hu Shuli said: It seems that Mr. Song already has a long-term business plan.
Song Weiyang said: People who don't have a long-term vision must not go far.
Hu Shuli said: Let me guess, are you planning for the electronics industry and the Internet?
Song Weiyang said: This is one of them.
Hu Shuli said: But the Internet is in a downturn now. Last year's richest man in Asia, Masayoshi Son, invested in Internet companies everywhere, and now he can't even rank in the top 20 of Asia's richest list. When do you think the Internet industry will recover?
Song Weiyang said with a smile: When more than 90% of the current Internet companies have closed down and Internet stocks have fallen to the bottom, they should recover. This is the spontaneous adjustment ability of the market. The Internet bubble was too strong before. Take the world's largest Internet service For the company AOL, its market value soared to US$160 billion in ten years, more than twice that of IBM. As a result, when the Internet bubble burst, its market value evaporated by US$100 billion, and it is still there today. Falling. In order to prevent the stock price from falling, Time Warner has announced a merger plan with AOL, which shows that the relevant investment institutions have no means to afford to lose. Only when the water is squeezed out is the real Internet industry.”
Hu Shuli said: Perhaps in a few years, we will be able to see whether your investment vision is accurate.
Song Weiyang said, Yes.
Hu Shuli said: You are very confident and courageous, just like when you sniped Soros.
Song Weiyang smiled and said, I thought you were going to ask Qiong Minyuan.
Hu Shuli said: Qiong Minyuan has been proven to be an illegal operation, don't you care about the impact of this?
Song Weiyang said: It's not that I was operating illegally. I was just a stockholder at the time. If I broke the law, all stockholders in China would be breaking the law.
Hu Shuli said: The American stock god Buffett has his own investment philosophy. You are hailed as the Chinese stock god by the majority of investors. What is your investment philosophy?
Song Weiyang said: When I bought Qiong Minyuan, I was young and impulsive. At that time, I thought about making a small fortune. Now I only invest in companies with potential. As for whether a company has potential, I have my own criteria.
Hu Shuli asked: What is the criterion for judging?
Song Weiyang smiled and said, Business secrets.
Hu Shuli said: Xifeng's stock seems to be falling all the time, aren't you worried?
Song Weiyang said: As long as it doesn't fall below the issue price, it's fine. Hong Kong stocks are falling anyway, and Lenovo is even worse than Xifeng.
Hu Shuli asked: Will this affect Xifeng's industry layout?
Song Weiyang said: It is definitely a lie to say that there is no impact, but it is not as serious as imagined. Xifeng has maintained a high-speed expansion posture for more than a year. We will slightly restrain the expansion speed next year and carry out Very thorough internal integration, consolidating the development achievements of previous years. On the other hand, the continuous decline in the stock price is also a good thing, because the high-speed development has been maintained, and many high-level executives of Xifeng have been inflated. And everyone is rich and motivated Not so much anymore, the more the stock price falls, the more sober everyone will be, and the more they will be able to correctly understand the actual situation of Xifeng.”
Hu Shuli said: Your mentality is very good, and bad things can turn into good things.
Song Weiyang said: Otherwise? You can't blame others.
Song Weiyang and Hu Shuli chatted for an hour, talking about everything, and when they even talked about the Chinese stock market, Song Weiyang said directly: I am an industrial capitalist, not a financial capitalist, so don't talk to me about the Chinese stock market in the future. .I don’t care about that thing, and I don’t like it at all. They play their tricks, and I just want to be a business honestly.”
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