Chapter 820 Farewell

——《Lehman, are you okay?》

When Weibo netizens started to discuss it, soon a portal website Sohu used this sentence as the title, reviewing the reasons why Lehman investment bank attracted so much attention.

From August last year to March this year, the Chinese people had a cognitive change experience.

——Wow, international investment bank!

——Hey, it is worthy of being an international investment bank!

——Huh? Lehman fell?

——Ha, Mr. Fang is still awesome!

——Go, Mr. Fang will lead us to go again!

——Mr. Lei, are you going to die!

Today, Huaxia Internet claims that two groups of forces participated in the short selling of Lehman, and there are many fun reserves who are always observing the dynamics of this international investment bank.

From HSBC's write-down to the problems of institutions including New Century Financial Corporation, and even the closure of business.

The reporter of Sohu Finance described it in the manuscript like this, "When you find a cockroach at home, the dark may be full of cockroaches."

Finally, he gave an extremely pessimistic attitude, believing that Lehman might face huge losses in related businesses like HSBC!

Too pessimistic!

Weibo netizens were so sad that they turned into joy!

Just when Fang Zhuo went to Beijing to report the development of Bingxin to his leaders in person and discussed the needs of the enterprise with his friends, Weibo had already begun to spontaneously translate and discuss foreign reports on the financial market.

Because there is a limit on the number of words on Weibo, such discussions soon spread to blogs and Zhihu.

On March 23, the blog translated a report from Wall Street media, which still said that New Century Financial, the second largest subprime mortgage company in the United States, might go bankrupt and liquidate.

That night, the executives of New Century Financial refuted this statement to the media, saying that someone was maliciously spreading rumors that the company was about to go bankrupt, which had caused serious damage to the company's reputation.

New Century will resolutely take legal measures to protect its legitimate rights and interests against such malicious slander of the company.

The executive also said that the company did encounter some operating difficulties, but New Century was confident and capable of overcoming the current difficulties.

The netizens are full of talents, and they translated both reports very faithfully and elegantly, especially the response of New Century executives was decisive and resounding.

On March 24, New Century Financial filed for bankruptcy protection in the Wilmington Court.

Chinese netizens thousands of miles away: ? ? ?

The translation of New Century's bankruptcy documents this time does not need to be so faithful and elegant, but pays attention to accurate wording - New Century plans to sell most of its assets and lay off 54% of its employees within the next 45 days.

Affected by this news, the US stock market fell sharply, and led to a sharp decline in global stock markets.

Within one day, the Dow Jones Index fell 1.97%, the S&P Index fell 2.04%, the German DAX Index fell 2.66%, the French CAC40 Index fell 2.52%, the British Financial Times Index fell 2.45%, the Nikkei 225 Index fell 2.92%, and the Hong Kong Hang Seng Index fell 2.57%...

The mainland Internet was indignant, and the discussion enthusiasm soared.

Compared with the slow response speed of the financial section of the portal website, whether it is Zhihu, blogs, or Weibo, the message is conveyed much faster.

In fact, someone really alarmed Mr. Fang who was busy with the report on Bingxin.

——Brothers, I plan to go to the US stock market to buy the bottom, x-on:Fang Zhuo, Mr. Fang, is it okay?

Fang Zhuo was really kind this time. He couldn't bear to see others wearing straw sandals. He expressed his attitude only at night: Don't be stupid...

Really don't be stupid. It's understandable to buy from the middle of the mountain, but what's the matter with starting from the top of the mountain?

The next day, Fang Zhuo inspected Sina Corporation and Sina Weibo in Beijing, and visited Yiguo Electric Appliances offline.

To this day, although Yiguo Electric Appliances has not expanded, it only assists Yiguo online, and still has a good increase in performance. Liu Qiangdong, who is gradually responsible for the work of Yiguo Electric Appliances, has shown strong personal ability.

Everything is running normally. The development and achievements of each company have to wait for time to test. Fang Zhuo packed his bags and prepared to fly to the United States to make the final sprint for the release of Yike mobile phone.

That night, friends who knew that Mr. Fang was in Beijing and was going to the United States held a farewell party for Mr. Fang.

It was inevitable to mention the recent dazzling situation.

Sina's Weibo is competing with Penguin's dating website.

Alibaba's Taobao is competing with Penguin's Paipai.

Sohu and NetEase are examining emerging social platforms.

Dangdang announced that it would vigorously develop warehousing, and Gome and Suning frequently had news that they would pay more attention to the development role of the Internet.

In addition, Bingxin's breakthrough was also congratulated privately.

Of course, Zhang Chaoyang, Ding Lei, Xiong Xiaoge, Xu Xin and others were no different in their enthusiasm for discussing the US financial market. They were even more enthusiastic than ordinary netizens.

"Mr. Fang, you said that in the current situation in the United States, in addition to shorting Lehman, can we also short other companies?" Zhang Chaoyang, who sang a song and received applause from everyone, walked off the stage, drinking and smiling while asking about the core of today.

When the people around heard this, their ears perked up.

"In theory, that's right, but Lehman shorted it, and even if it failed, it would only be less than 20 million US dollars." Fang Zhuo shrugged. "The US market changes rapidly, and we are not experts in this field after all. We may fall into the trap if we only know a little bit."

He noticed the eyes around him and smiled: "In short, that's the saying. Financial management needs to be cautious. If you want to short, you need to be more cautious. If you want to leverage again, you have to be very cautious."

Xiong Xiaoge smiled and asked: "I wanted to try it, but Mr. Fang's words of caution made me feel unsure. So, Mr. Richest Man, how can I make money more safely?"

Fang Zhuo was refreshed: "Mr. Xiong asked a good question. It just so happens that there are no competitors today. I think the Yiguo project is very good. We are confident that it will be listed in the future. Bingxin can also be."

Ding Lei joked: "Mr. Fang, you never mention Weibo."

Fang Zhuo became solemn: "Speaking of Weibo, let's just give it a try. Penguin's traffic is too strong. Whoever fights will know. This time we have a defeated general. What will happen in the future remains to be seen."

Friends.com was acquired by Penguin.

Although the price was a bit high, it was indeed a defeat for Sina.

It's just that the first battle was lost, and the second battle was soon launched.

Sina and the investors are confident, but the outside world is still waiting to see the competition trend, except that Fang ruthlessly stabbed Pony.

After all, Penguin is the king of traffic today.

However, its multi-line operations are also facing challenges.

Fang Zhuo's calm attitude makes people nod silently.

The competition in Weibo is no longer mentioned, and the topic easily turns to Yike's mobile phone business.

I have to drive to my cousin's postponed wedding tonight, so I can only write these in a hurry.

I will try to update normally tomorrow, and update more on the weekend.