Reborn Entrepreneurial Giant
Chapter 192: Bulls Plunge
At first he thought it was a friendly army, but he didn't expect to harbor evil intentions. Qu Li almost caught fire. He called Xu Lei and asked him to pay attention and deal with it.
"This time domestic milk companies will be half disabled if they don't die!" Sun Jianhe said bluntly
"..." Qu Li wanted to say something, but he couldn't say it. Yili finally became the two giants in the milk industry. This fucking world is too difficult to understand.
"We happen to have money, do you want it?"
"How to operate?"
"Mengniu is listed in Xiangjiang, and now it is temporarily suspended. Once the market opens, there may be a panic-like plunge, and we will have a chance at that time."
"Are you optimistic about Mengniu's future?" Qu Li looked at Sun Jianhe with such good eyesight curiously.
"I haven't studied Mengniu, but such a large enterprise will not be easily defeated by food safety issues..."
The advertising and channel promotion capabilities of Mengniu and Yili should be regarded as top-notch in China. The first brother of the dairy industry, Modu Guangming, and Sanyuan, which has no quality problems in the dairy crisis this time, lost to the market competition of Mengniu Yili. It can be seen that quality is not the most important factor in consumers' shopping decisions.
"Then buy it, if the price is low enough, then buy more." Qu Li
"Mengniu's suspension money has a market value of about 30 billion Hong Kong dollars, us?"
"Collect as much as you can within 10 billion." Anyway, Bulldog finally became a big company with a market value of 100 billion, and this speculation can't lose money.
The Vision Fund has 800 million US dollars in cash, holding less than 300 million US dollars in Xiangcai Securities, leaving 500 million US dollars, of which 350 million US dollars are Japanese yen and euro assets, and 150 million US dollars are for Spreadtrum Communications, so the funds can only come from Quli Think of ways to.
"So you missed me!"
"It's not that there is no time to attract investment. I can only find a way from you. How about letting Huatou send some more funds?"
"Dream it!" Qu Li really didn't want to be associated with Huatou anymore, let's wait for Wu Hongning's position to be stabilized in two years and not so many people pay attention to Huatou.
Putting 100 million U.S. dollars into the account of the Vision Fund, Qu Li returned to Yangcheng and participated in a semi-public symposium held by senior officials in Guangdong Province. There were representatives of economists and entrepreneurs. Qu Li was the youngest outside the staff of.
I thought it was the nature of internal reference, but I didn't expect it to be a retreat for chicken blood. There is a bird for it. Qu Li was very disappointed, so he sat down and listened quietly. Qu Li has never liked to socialize. After the establishment of Jumei, he had more dealings with factories. After Xu Lei came, the two went to many big companies, but to be honest, he really doesn't remember so many partners.
Before the collapse of Lehman, most "economists" in China believed that the subprime mortgage crisis in the United States had little impact on the country; after the collapse of Lehman, panic began again, and the atmosphere at this time was also dominated by pessimism.
The quality and safety accidents in the milk industry made the crooked media, which has mastered public opinion, publicize so much that the domestic authoritative media issued a call for "don't demonize Chinese women". .
"Tianming, what do you think of Jumei?" Qu Li, who was dozing off, suddenly heard someone call his "word", looked up and saw that it was the provincial government boss, who unexpectedly knew his "word".
"The financial crisis in the U.S. is a good thing for Jumei." Qu Li calmed down and told the truth.
"Why, everyone's life is sad, Jumei is an exception?"
"Under the background of the financial crisis, a large number of Americans are unemployed. These unemployed people have to lower their living standards in order to survive. Online e-commerce companies have price advantages. The largest e-commerce company in the United States is Amazon, and Wal-Mart is developing very fast. , this year's development is very fast..."
It is impossible for any great company to appear against the trend of the times. For example, after the emergence of the Internet, the ratings of CCTV can only get worse and worse, not higher and higher.
The success of Shopee in the United States was of course Facebook's spare no effort to promote it at the beginning. With the explosion of coconut shoes, it set off a fashion boom. But after a lot of games, soon after Jumei went public, Shopee firmly chose to be self-operated. low price route.
As the financial crisis intensified, there were more and more voices on Facebook and Twitter discussing low-cost and affordable shopping on Shopee. After cooperating with Li \u0026 Fung, the category of self-owned brands has been enriched at a rapid speed, which has also promoted sales growth.
"Then when do you think this financial crisis will end?" the boss asked again
"Although I don't know the exact time, you can refer to the fate of two companies, one is AIG and the other is Citigroup. If both companies go bankrupt, the crisis will continue to spread, and the Great Depression of 1929 may occur around the world. ..."
After Qu Li finished speaking, there were many discussions at the scene, but surprisingly, no one refuted.
"How do you think Guangdong Province should respond?"
"When the United States issues 700 billion U.S. dollars in treasury bonds, buy more, and help the United States curb inflation, so that the troubled American people can have a good Christmas..."
There is something in Qu Li's words. If you don't understand, you think he is an internationalist and enthusiastic. If you understand, you will know that he is actually optimistic about the recovery of the US economy, but this involves more non-market factors. His boat is strong and his bottom line is low, and he will die. Pull a padded back.
In 2004, Zhongguo held 200 billion U.S. dollars in U.S. national debt. In 2007, it exceeded 400 billion. This summer, it was close to 500 billion. Next summer, it will exceed 900 billion U.S. dollars. In one year, it has increased its holdings by 400 billion U.S. dollars. It is said that the U.S. has emerged from the subprime mortgage crisis Without Zhongying's help, wouldn't that be talking nonsense?
What Qu Li said had nothing to do with Guangdong Province, but the boss did not continue to embarrass Qu Li.
Such symposiums seem useless. Although Jumei’s 2008 fiscal year sales volume is unknown, it is estimated that it will not exceed 10 billion, and Shopee will not exceed 1 billion US dollars. Uh, it seems that it can solve part of the problem?
Sure enough, after the symposium, many enterprises in Guangdong Province took the initiative to contact Jumei to see if there was any possibility of cooperation. It's a pity that I have more energy than I want, and the country is fine. Shopee in the United States cannot sell infringing products, and foreign trade goods can only be sold domestically.
In order to survive, many merchants are looking for changes. Of course, Jumei has to change with the times. It learns from Taobao University model and helps merchants open stores on the Jumei Juhuasuan platform. If you really don’t want to do it or have no conditions to do it, then take it first. After selling the goods, they will give money, and some companies even ask some companies to arrange people to work in the Jumei logistics warehouse...
It’s not that Quli wants to squeeze the merchants. Jumei’s manpower is insufficient. If you don’t do this, many things will not go on. These merchants either give up or provide free labor.
How can you say squeeze what you love and what I want?
The time came to September 23, when Bulls resumed trading, the stock price fell 65.75%, and the opening price was 6.85 Hong Kong dollars. A large number of selling orders emerged. 100 million shares, becoming the major shareholder of Mengniu, accounting for about 7% of the total shares!
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