Chapter 926 I Believe It (4k)

A duck knows when the river water warms up in spring.

In just two days after Lehman Brothers declared bankruptcy and global stock markets plunged, Qimonda, Morningstar Semiconductor and Freescale all felt the chill.

Funds fled, market value fell, orders were cut...

These are just a few companies that Fang Zhuo has personally come into contact with.

However, after Lehman Brothers went bankrupt, the US authorities are still trying to save the situation and prevent this local problem from expanding to the entire financial system.

Specious news is constantly transmitted from across the ocean to Hong Kong.

The US Treasury and the Federal Reserve made it clear this weekend that they would not directly rescue Lehman Brothers and let Wall Street solve the problem on its own. However, when Lehman Brothers really declared bankruptcy, Paulson and Bernanke had to swallow these words on the 16th and announced the takeover of the world's largest insurance company, American International Group (AIG), which was rapidly in crisis.

The US authorities responded quickly by providing $85 billion in mortgage loans to obtain 79.9% of AIG's outstanding shares, intending to avoid a wider market chaos.

There are also reports that Abramovich will submit a bill to Congress within a few days to save the financial system, and the Treasury will be authorized to purchase bad mortgage assets worth hundreds of billions of dollars.

Fang Zhuo is in Hong Kong, carefully identifying whether there is any inside information available, and is ready to fly to New York at any time.

In just a few days, following Freescale's layoffs, HP announced a plan to lay off 24,600 people in the next three years, Telefonica laid off 700 employees, AMD accelerated the divestiture of its wafer fab, Starbucks plans to close dozens of stores in Australia, and 3D Biopharmaceuticals lays off its entire department...

The wind and clouds are surging, and it's hard to keep up.

Fang Zhuo thinks that this one that is not in the plan is good, and then he thinks that the other one is also good. He wants to buy, wants to buy, and wants to buy everything.

But he must control his shopping desire and wait for a worse industry environment and economic situation.

Looking at the semiconductor industry alone, Taiwan's Taiwan News and UMC have reported personnel freezes and layoffs, and internationally renowned companies such as Intel, AMD, NXP, and Singapore Chartered Semiconductor have no good news.

This is the case in the global industry, and mainland semiconductor companies are no exception.

As of September, the environment this year is generally not good. The impact of Lehman's bankruptcy is gradually expanding. Those who can be laid off or not are now being laid off. The original scale of layoffs is now expanding. Those who are struggling may be considering bankruptcy.

In response to this situation in China, Fang Zhuo has submitted the plan he prepared. The development of fragile industries needs to be protected. At the very least, ICBC's loans to enterprises can be put aside for a while.

A number of companies that have connected with the Ice Core Wafer Manufacturing Service Alliance, including Vimicro, Huajing Microelectronics, China Resources Ansheng, Lin'an Shilan, and Shencheng Hongli, are all within Fang Zhuo's attention.

Those with tight funds are waiting for bank approval. Those with tight funds can first get an interest-free bridge from the service alliance. The subsequent arrangement of funds will take some time and procedures. Fang Zhuo does not intend to allow certain funds to enter the country from abroad in his own name.

But as a global tycoon, it is normal to know some powerful international friends, right? It is not surprising to help manage some funds, right?

In addition to the financial arrangements, Bingxin will not freeze or lay off employees. Instead, it will recruit semiconductor industry employees who have entered the society. The current reserve is going in two directions. One is to prepare for the possible cooperation factory in Germany, and the other is to consider building a new factory in Luzhou.

In addition, the Lin'an Second Factory that was cut by Qimonda is within Fang Zhuo's personal plan and has not been announced. This depends on the direction and handling of Qimonda. If nothing unexpected happens, Qimonda's funding hole cannot be filled and it is very likely to face bankruptcy.

Once Qimonda goes bankrupt, talents, technologies, and patents can be selected according to the situation under the situation of global industry downturn.

This is the worst time, but also the best time, the winter of disappointment, but also the spring of hope.

There is nothing in front of you, and there is everything in front of you.

Fang Zhuo is busy with domestic and foreign arrangements, and tentatively decided to fly to New York on September 26.

He has been receiving calls for several consecutive days, and has been judging the news in different time zones. He has been staying in the hotel since Lehman confirmed its bankruptcy, and will not leave until the closed-door emergency busy time is over. The market value of Morningstar Semiconductor has fallen to 12.3 billion.

16.2 billion at the beginning of listing, 15.6 billion on the first day, 14 billion when Lehman went bankrupt, and now 12.3 billion.

Within a week, Morningstar Semiconductor's market value evaporated 3.9 billion Hong Kong dollars.

In Fang Zhuo's view, due to the listing restrictions, the money cannot be cashed out for a while, and the ups and downs are just changes in numbers, but if he thinks so, the management of other shareholders of Morningstar Semiconductor will not be able to take it so easily.

It is true that entrepreneurship is for ideals, but it is definitely nonsense to say that entrepreneurship does not consider wealth at all.

Even if the head does not accumulate wealth through the stock market, a group of people in the company have finally survived the listing, and seeing the shrinking paper assets, they just want to rush to Lehman Ford and give him two punches.

Unfortunately, they can't see Ford.

However, when Fang Zhuo left the hotel and appeared in public, he was besieged by many Hong Kong media, and the news he revealed comforted the people of Morningstar.

"What do you think of Lehman's bankruptcy? How do you answer that?"

"Well, it's hard to say. Although my story with Lehman is over, it's like adding insult to injury from any angle. I don't have much to say. You know that my focus is on our 3G mobile phone products."

"Oh, yes, the impact of Lehman's bankruptcy is huge. What will happen next may need to be evaluated by many parties. However, I think it is better not to attack Fuld again."

Fang Zhuo was surrounded by reporters when he saw the light of day again. He had expected this situation, it was nothing more than a holiday in the past.

As we all know, he and Fuld have made peace with each other in the United States, so what else is there to talk about now.

After hearing what Mr. Fang said, many reporters felt that they had interviewed the wrong person and exclaimed: "Mr. Fang, Mr. Fang, was Fuld beaten? When? Was he really beaten?"

Fang Zhuo was stunned: "You don't know?"

The reporters shook their heads, their faces full of interest.

"Well, what I heard was that Fuld was beaten up in the gym. After all, Lehman's filing for bankruptcy affected many people." Fang Zhuo spoke concisely and tried not to say too much about the situation at the scene.

This news is quite accurate and comes from golfer Austin.

It was said that two days ago, some people questioned Fuld's 480 million salary and dividends from Lehman but made a mess.

Fuld clarified the rumors, saying there was no $480 million, only $300 million in salary and dividends.

Then he was beaten.

Fang Zhuo originally thought that the news was relatively public, but he didn't expect that the Hong Kong media didn't know the situation yet and couldn't describe it enthusiastically.

The news was confirmed by the richest man in the mainland who had personally dealt with Lehman. The reporters were already very satisfied after hearing this.

They did not easily let go of Mr. Fang who was blocked, and continued to ask: "Mr. Fang, have you noticed that there is a lot of discussion on the Internet about your short selling of Lehman?"

"It was once." Fang Zhuo corrected his words and shook his head slightly, "I have also been thinking about dealing with the possible deterioration of the financial situation in the past few days, and I did not pay attention to the comments on the Internet. As I just said, the story of Lehman and I has passed. ”

He said seriously: "In fact, I was extremely shocked when Lehman filed for bankruptcy. Such an investment bank with a long history could actually go bankrupt. This shocked me and made me start to think more about business operations."

When Fang Zhuo said this, he still sighed without waiting for reporters to ask questions: "That's Lehman. It has actually come to this point. Who could have expected that Lehman would come to this point!"

The reporters were worried.

However, some reporters still brought up old scores: "Mr. Fang, you once analyzed Lehman's problems in Shanghai, analyzed housing prices in the United States, and analyzed Lehman's CDO contract. Didn't you expect that Lehman would reach this point? ? Did you make any profit from the Lehman bankruptcy?"

The last sentence is very direct.

This is not the first time he has wanted to ask this question. In fact, due to his short selling of Lehman, there were many shocking comments on Weibo and Zhihu because of Lehman's bankruptcy.

——Mr. Fang is too accurate!

——Shit, Mr. Fang is hiding something! Lehman stock price plummeted!

——Lehman was shorted by Mr. Fang and went bankrupt!

——The result of who was right and who was wrong as mentioned by Mr. Fang finally came out!

——I suspect that Mr. Fang is still secretly shorting Lehman!

Facing the reporter's question, Fang Zhuo calmly shook his head: "Will Fang Zhuo focus on short selling? I make mobile phones."

He said with a smile: "Whether it is housing prices or CDOs, they are all issues that are obvious. The prosperity of the bubble will obscure everyone's sight. But it is not just me, many institutions and experts have talked about this issue. However, I believe , and they, like me, had no idea that Lehman would reach this point.”

The reporters were doubtful, but Mr. Fang spoke very naturally, and it made sense. Who would have thought that Lehman would go bankrupt?

"Mr. Fang, there is a loud voice on the Internet." A reporter handed the microphone forward, "They said that Mr. Fang would lead them to try again. What do you think of this?"

Fang Zhuo pondered: "Whether it's a mobile phone or a fab, I'm actually a person who makes money honestly by making products. Instead of letting me lead everyone to try it, why not everyone buy our Yike mobile phones, and I'll make money first." , and then help everyone make money.”

A reporter complained in a low voice: "Then you have to buy a mobile phone."

Fang Zhuo pretended not to hear. Who can he blame if he can't buy it? The mainland has not yet issued a 3G license, and the operators in Hong Kong are not cooperating. Who can he blame?

A series of interviews soon appeared in newspapers and online.

With the development of the Weibo platform, there are many users here in Xiangjiang, and they gave the quickest summary.

"Like adding insult to injury."

"I make mobile phones".

"honestly".

"It's Over".

People here in Xiangjiang don’t believe it, and the same goes for the mainland.

"What kind of character is Mr. Fang?"

"Mr. Fang's expression during the interview is very subtle! He is lying!"

"Buy a mobile phone quickly, Mr. Fang almost has no money to short Lehman!"

Compared with the attitude of the masses, the attitude of people who have actually interacted with Fang Zhuo is more convincing.

Huang Guangyu laughed when he saw the words "make products honestly" in the interview. He was the most direct victim. Gome's stock was shorted before, which locked up the cash-out space. The dilemma during that period was still fresh in his memory.

This method of capital competition has indirectly caused Gome's current difficult situation, not to mention any bank actions.

The collapse of Lehman also led to the decline of Gome's stock price and caused a considerable loss of capital liquidity.

Huang Guangyu has been busy with the company these days and has no time to stand up and accuse Fang Zhuo of hypocrisy.

Unfortunately, there are still media who somehow got out of this nook and cranny.

He had no intention of getting entangled with Fang Zhuo, who was in the limelight, and just answered the question unhappily: "I believe it."

These three words captured the rhythm.

Ma Dian, who was watching the Double Eleven event of Yiguo, rarely got involved and commented on the matter publicly with a laugh: "I believe it."

Ma Huateng, who was closely following the situation of Yiguo mobile phones, chatted about this matter at an internal meeting: "I believe it."

Someone on Weibo fabricated the account of Duan Yongji, the former chairman who was expelled from Sina, and posted a three-word status: "I believe it."

Duan Yongji was very angry and asked Weibo to close the account, but when he was asked about his judgment privately, he also expressed his belief that Fang would definitely take the opportunity to add insult to injury to Lehman.

For a time, "I believe it" became a popular online meme.

The truth seemed to no longer matter, and believing in Mr. Fang was the greatest fun.

As a friend, Xiong Xiaoge certainly did not miss the opportunity to ridicule Mr. Fang. He directly made an "I believe it" expression on Zhihu for users to use. He felt that he was kind and used mass entertainment to dispel the truth.

When Xiong Xiaoge returned home in the midst of chaos, he looked at the screen full of memes and followed the trend, but his face was solemn.

"Old Xiong, don't you believe it?" Seeing this, Mrs. Xiong joked.

Xiong Xiaoge shook his head slightly. He was the one who believed it the most.

He firmly believed that Mr. Fang was not only continuing to short Lehman, but also had some insider information about Lehman's collapse.

And the factors that led to Lehman's collapse were undoubtedly mixed with a series of well-known figures.

If this is the case, then Mr. Fang's previous hint that IDG America would take the opportunity to short Yike is even more intriguing.

Mr. Fang is a person who will find loopholes even if there are no loopholes. How could he reveal such a flaw?

Such a series of things seems to have a dangerous atmosphere and bloody taste in the shadows.

Is there any evidence for this?

Mr. Fang's suspicion itself is evidence!

Xiong Xiaoge's mind was filled with Mr. Fang's remarks in an interview with Hong Kong media, and a series of thoughts about Nokia, lawsuits, patents, mobile phones, short selling, cannibalism, and capital swirled in his mind.

He exhaled, feeling that he had glimpsed a corner of Mr. Fang, and looked at his wife and said, "This is a high-end game."

Mrs. Xiong: "???"

She didn't understand what her husband said, but she was very familiar with some logic, and concisely guessed, "Going along with the crowd?"

Xiong Xiaoge's face darkened: "No, I just suddenly figured out something."

Mrs. Xiong nodded seriously: "Well, I believe it."