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Text Chapter 1219 Wall Street Elites Slapped in the Face

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    On the outskirts of the capital.

    Badaling Great Wall.

    Tang Mingxiang is just a little lazy pig. She felt a little faint when she saw the stretching of the Great Wall from a distance. She acted like a baby before she even stepped on the stairs and asked Xiao Qi to carry her up.

    Xiao Qi doted on this beautiful and charming wife, so he naturally would not refuse her, so the passengers along the way were a little bit jealous when they saw this scene.

    The little beauty doesn't care about this. She knows that Xiao Qi has become very strong and powerful after being taught by Lu Qin - it can be seen from his extremely abundant physical strength when having fun every night.

    So she smiled and leaned on Xiao Qi's back to look at the scenery. From time to time, a sweet laughter like silver bells came to the young man's ears. When the morning breeze blew on her face, she felt refreshed and refreshed.

    Even though he was carrying a little lazy pig on his back, Xiao Qi's pace was no slower than others. When he reached the top, he didn't even break out much sweat. Jiang Dahai, who was covered in sweat, had to admire him.

    In fact, there was nothing particularly worth seeing on the Great Wall. Tang Mingxiang was just enjoying Xiao Qi's favor. When she stood on a high place and looked at the desolate inside and outside of the Great Wall, she suddenly felt a little disappointed.

    ¡°I didn¡¯t expect that the Great Wall would look like this.¡± The bright and charming girl sighed.

    "In ancient times, there were two worlds inside and outside the Great Wall." Xiao Qi explained for her: "From this, you can also imagine why those nomadic peoples wanted to invade the Central Plains, because their living environment was more difficult than ours.  Ten times, a hundred times. Who wouldn¡¯t want to have such a colorful world?¡±

    "Yes, just like everyone wants to go to the United States now." Tang Mingxiang said smoothly, "After going there, I realized that the United States is not that good. There are traps and crises everywhere."

    "Haha, you should be proud to be treated like this by Americans!" Xiao Qi held the little beauty's hand, "I haven't congratulated you yet. When you return to the United States at the end of the month, don't forget to throw away those people who are laughing at you.  Take pictures of the Golden Hen people and send them to me, so I can see how they cry now!¡±

    ¡°Giggle~~¡±

    As soon as she mentioned this, Tang Mingxiang's eyebrows suddenly lit up and she was extremely charming.

    In July, she sold 80% of her shares in Chosegirl for US$38 billion, and was ridiculed by the American financial community as a "timid Chinese woman."

    They have always looked down on the Chinese people, and Xiao Qi has slapped them in the face again and again. Recently, there has been less criticism of the DreamPad.

    The same is true for Tang Mingxiang. Chosegirl, the ancestor of the group buying website she founded, has developed extremely rapidly. In just one year, it has spread across Europe and the United States and has become an unprecedented giant, making countless American financial giants envious and jealous.

    But just when the development was good and the valuation continued to rise, Tang Mingxiang suddenly announced that he would cash out his shares at a high price and sell Chosegirl, a golden hen that could continue to make money. Those Americans suddenly felt that, indeed, women from China  Even if they are timid and short-sighted, if they were Americans, they would at least have to wait until Chosegirl is listed and its market value exceeds 100 billion before selling it. Wouldn't it be possible to get more money by then?

    This kind of ridiculing and sarcastic public opinion has been very common in American newspapers, magazines and TV talk shows recently. There is also a bit of discrimination in it, but they ignore it.

    Tang Mingxiang has a very cheerful and generous personality, but she was also a little angry at their words. Xiao Qi even comforted her.

    In August, after the president of Bear Stearns resigned and the U.S. Real Estate Investment Trust Corporation declared bankruptcy protection, several real estate mortgage companies in the United States were caught in the scandal of huge losses.

    Even various financial institutions in Europe and the United States, because they are involved in subprime debt investments, have been pointed out that profits will fall significantly this year and losses are possible, so the stock markets of various countries are in turmoil.

    Since the first subprime debt problem broke out in April, everyone has known that subprime debt is a big powder keg that can explode at any time. Once something ignites the fuse, it will explode.

    Now, it seems that the time has come.

    ??The financial giants who originally had the leisure to laugh at Tang Mingxiang are now clamping their tails and making various preparations with trepidation, preparing to deal with this crisis of unknown magnitude.

    ¡°Even two days ago, the New York Times¡¯ financial section published an article titled ¡°Being Cowardly or Wise and Foresight¡±, which was about Tang Mingxiang¡¯s selling of Chosegirl¡¯s shares.

    The major banks in the United States have now tightened their monetary policy and are determined not to lend to major financial companies and funds on Wall Street.

    They themselves are full of shit now, how can they still?Lending to other companies?

    It is conceivable that once the company's liquidity is insufficient and the capital chain is so tight that it breaks, that is when the company will be destroyed - and such companies can be said to be everywhere on Wall Street and even in Europe and the United States.

    Nowadays, no company dares to expand, and no company dares to mention any acquisitions. Not to mention those who have no money, even if they have money, they have to prepare themselves to survive the cold winter.

    There is only one person who does not have to worry about the subprime mortgage crisis at all, and that is Chosegirl's former president and CEO Tang Mingxiang, because she sold her company before this crisis was about to break out at any time and had 300 yuan in hand.  With more than 100 million US dollars in cash, you can watch the flowers bloom and fall, and the storm surges.

    I dare not say what considerations Tang Mingxiang had in selling her shares in Chosegirl, but judging from this result, it is definitely ten times better for her to leave with more than 30 billion in cash than to continue to run Chosegirl.

    Because Chosegirl is an emerging company, its previous rapid expansion and development were based on large investments.

    Once shareholders tighten their money, it will definitely be a big question whether this large-scale emerging group buying website can continue to develop in the economic downturn. It is not impossible to even lay off redundant manpower and reduce business.

    So, Chosegirl¡¯s valuation will definitely not be higher than 40 billion U.S. dollars, and there will definitely be varying degrees of decline.

    So looking back, it seems that Ms. Tang seized the opportunity, sold Chosegirl at the best price at the most appropriate time, and successfully left the market with a profit.

    Thinking of the current dark clouds, the reporter even directly pointed out: "We doubt whether Miss Tang has a pair of eyes that can see into the future! Such a talented girl would actually be laughed at by this group of restless financial giants. It is simply  It¡¯s really interesting for us all!¡± (To be continued. Please search for Piao Tian Literature, the novel will be better and updated faster!)
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