Add Bookmark | Recommend this book | Back to the book page | My bookshelf | Mobile Reading

Free Web Novel,Novel online - All in oicq.net -> Romance -> dream era

Text Chapter 1,255 The era of taking advantage of the situation

Previous page        Return to Catalog        Next page

    As the stock price of the largest commercial mortgage company in the United States plummeted on August 16, and it was directly facing bankruptcy and delisting, European and American stock markets plummeted as usual, and Asia-Pacific stock markets also joined in the fun, falling even more sharply than Europe and the United States.

    In such a day, the market value of Asia-Pacific stock markets evaporated by a total of 300 billion U.S. dollars, causing a cry of mourning.

    ? Among them, in Japan, South Korea, Singapore and Hong Kong, the stock index plummeted by more than 8, and the most powerful one in Japan directly exceeded 10.

    no way.

    Japan was deceived by the Americans and Xiao Qi.

    Their major banks already like to buy U.S. Treasury bonds and bonds. They were the first creditors of the United States for decades before China "emerged" in the U.S. bond market.

    The Japanese bought more than 1.2 billion U.S. dollars of high-risk subordinated debt from Xiao Qi, and now they have begun to suffer huge losses. Slowly, they discovered how heavy the price they paid would be.

    The first target of the Bank of Japan¡¯s rescue is Japan¡¯s second largest Sumitomo Mitsui Banking Corporation, the bank that has taken the most subprime debt from Xiao Qi, but it can only cope with the current situation.

    The subprime mortgage crisis started with the plunge of the Asia-Pacific stock market on August 16, and there is no room for recovery.

    In fact, this day can also be generally referred to as the official beginning of the entire global financial crisis.

    On the afternoon of August 17th, Hong Kong time, which was August 16th, US time, when Xiao Qi took Feng Kexin and Ping'er to enjoy the sea breeze on the sea, Tong Wencong happily called to celebrate Xiao Qi's investment.  After the outbreak in April, large-scale profits began again. From the previous revenue of hundreds of thousands and millions in June and July, it directly exceeded 100 million US dollars yesterday.

    Xiao Qi started the layout in January this year. It cost 200 million to hire Goldman Sachs, and spent a total of more than 2 billion US dollars. After waiting for 7 months, the fruits of victory are finally blooming.

    Tong Wencong was once again annoyed, saying that he should not have only spent tens of millions of dollars. If he doubled it, his profits would increase tenfold!

    He said this once in April, but after that explosive profit, this subordinated debt portfolio did not make large profits for a long time, so in the past two months, he has made some  I was nervous, for fear that instead of trapping the Japanese, I would fall into the trap myself.

    Now that he sees that subprime debt is unstoppable and Xiao Qi¡¯s investment is about to make huge profits, Tong Wencong starts to act second-guessing again.

    "It's a pity that there are no ifs in this world.

    If anything, the Japanese will definitely not buy these subprime debt bonds that look gorgeous on the surface, causing them to be directly involved in the center of the storm.

    The Germans are no more comfortable than the Japanese.

    The stiff-minded Germans have always been conservative in the banking industry. They originally thought that U.S. bonds were a good way to preserve value. However, they were directly beguiled by scum in the financial world such as Tong Wencong, Paulson, Goldman Sachs, and Merrill Lynch to buy too many bonds.  The large amount of non-performing subprime debt is now extremely painful.

    "Those who don't understand complex financial derivatives can't imagine why banks such as Sumitomo Mitsui Banking Corporation and Deutsche Commerzbank lost tens of billions of dollars after only buying hundreds of millions of dollars of subordinated debt.

    They can¡¯t even imagine that Xiao Qi just invested more than one billion US dollars in it. In three years, it is conservatively estimated that the revenue will be 15 billion US dollars, which is almost a tenfold increase.

    Such high profits Oh, no, it can be said to be huge profits. Such huge profits are simply not something that anyone in the industry can understand.

    This is why financial investors on Wall Street are called "the most despicable thieves" and "blatant robbers" because they have done so much damage to the entire financial and economic system.

    But Germany and Japan are not that easy to collapse.

    Because the backbone of the Germans and Japanese is the best industrial system. As long as there are still people buying German and Japanese industrial products, the finances of these two countries will not collapse, and they will recover at a good speed.

    Xiao Qi is not greedy and wants to bring down two countries at once, but Xiao Qi still feels good about earning some pocket money by following the financial giants on Wall Street.

    The young man thought of Tang Mingxiang, who had just set foot on American soil. Little Meiji¡¯s wife was really a lucky person. As soon as she went there, she caught up with the unlucky days of Americans.

    ¡° If the time is delayed for another 10 days and a half, people on Facebook will be even more panicked - Zuckerberg is not the tyrant he will be in the future. He has not experienced the baptism of the financial crisis for several years, and no matter how stable he is, his stability will be limited.

    As for the Zappos company, it¡¯s pretty much the same.In this situation, acquisition is much less difficult than FACEBOOK.

    In addition to being happy for Tang Mingxiang, Xiao Qi also has many excellent companies that he wants to acquire. Now it seems that he can start to make plans.

    For example, there is a recent acquisition target, a software system called Siri.

    Anyone who has used the most classic version of IPHONE 4S will know this Siri software, which is also commonly known as the voice control system, also known as the intelligent voice assistant.

    The working principle of Siri is very simple. The main thing is that the user sends instructions to Siri, and Siri sends them to Apple's voice server. Then the voice server processes it and then feeds it back to the user's phone. Siri will then give corresponding answers to the phone's operations, or on the phone.  perform the corresponding actions.

    It seems to be a very smart and convenient voice assistant, but this program has a huge flaw, that is, it can only be used when connected to the Internet, otherwise it will not be able to provide feedback at all, and naturally there will be no corresponding automatic intelligent operations.  .

    Although Siri was only founded as a company in 2007 and started to be used, it is actually a civilian version of the US Department of Defense¡¯s military technology and was developed several years ago. Naturally, Xiao Qi has no way to bypass the patent.

    A newly established company, the product has not been used in any way. It happened to coincide with the onset of the Great Depression era of financial crisis. Xiao Qi wanted to acquire it. It would definitely not be the 200 million US dollars Apple paid in 2010. Let¡¯s look at it, 20 million US dollars.  Can you take it down?

    Ha ha!

    Thinking of these, Xiao Qi was very happy.

    ¡°Europeans and Americans always come to take advantage of China when it is in trouble, and finally it¡¯s my turn to take advantage of it.

    Siri is just the beginning. In the future, Xiao Qi will buy a series of companies related to the smart electronics industry in the past two or three years to enrich his smart electronics industry chain and patent position.

    When you own more and more technologies and patents, you will be less and less controlled by others!  (To be continued. Please search Piaotian Literature, the novels will be better and updated faster!)
Didn't finish reading? Add this book to your favoritesI'm a member and bookmarked this chapterCopy the address of this book and recommend it to your friends for pointsChapter error? Click here to report