Chapter 928 Shopping (4k)
The US financial market was further hit by the collapse of Washington Mutual Bank.
Fang Zhuo, who had been in Hong Kong for more than half a month, planned to go to the scene to see how much snow and frost there would be.
On September 26, Fang Zhuo had originally planned to fly to New York, but due to bad weather and several calls from Yongke Real Estate, Fang Zhuo postponed it for a day to listen to Liu Suyi's report.
Compared with Morningstar Semiconductor, which encountered Lehman's bankruptcy a few days after its listing, Yongke Real Estate, which also planned to go public within the year, was even more at a loss.
This... Can it still go public in this precarious situation?
Liu Suyi is a down-to-earth person, thinking about waiting for orders from the big boss.
However, the big boss never heard from him, and he still saw the news about him talking about Lehman in the news.
Liu Suyi confirmed that a patient boss like Mr. Fang was the one who could do big things, and couldn't help but call to inquire about the listing decision.
Last year, Country Garden's listing valuation was more than 80 billion Hong Kong dollars, and its market value exceeded 100 billion on the first day.
Originally, Yongke was also operating the listing according to this goal, but the situation this month is really frightening. If there is no improvement, will Yongke's market value be 40 billion when it goes public?
Liu Suyi called Mr. Fang, but the call was answered by Secretary Liu Zonghong, who said that he would forward the situation to Mr. Fang.
The second time, it was still the same.
The third time, Liu Zonghong directly said that Mr. Fang was very busy recently and had no time to deal with it for the time being.
Liu Suyi was furious. The company's listing is a big deal! You, a dog secretary, dare to stop me? Don't think you have been with Mr. Fang for a long time. If I really rush to Mr. Fang to complain about you, you will be fined two glasses of wine at that time!
He patiently expressed his feelings to Secretary Liu on the phone. He knew that Mr. Fang was particularly busy with financial market affairs, but Yongke was really in a dilemma now. He was about to board a plane to Hong Kong, and hoped to convey this situation.
In the end, this meeting was set for September 26 to decide whether to postpone Yongke Real Estate's listing in Hong Kong.
Liu Suyi prepared a lot and planned to analyze the two options in front of Mr. Fang.
However, when he actually walked into the agreed meeting room, Mr. Fang did not show up.
"Secretary Liu, where is Mr. Fang?" Liu Suyi only saw the secretary and did not see the big boss, and he had a bad feeling in his heart.
Liu Zonghong was also helpless: "Mr. Fang went to Pengcheng. He asked me to sit in on the meeting and take notes. He said he would just take a look at it when the time comes."
Liu Suyi was angry and really suspected that the secretary had interfered.
"Mr. Fang was supposed to attend the meeting, but... he was intercepted by Mr. Zhou in Pengcheng and went there temporarily." Liu Zonghong explained the situation and comforted him, "Mr. Fang said he believes in you and your judgment of the situation."
The feeling of being trusted... is a bit bad.
Liu Suyi asked with a straight face: "Which Mr. Zhou? Is this a case of cutting off the party? Is it bigger than the listing of Yongke?"
Liu Zonghong replied politely: "It's Mr. Zhou Xin of Medical Science Group."
"Okay, Secretary Liu, you really have to help me convey this meeting." Liu Suyi lost his temper. Mr. Zhou of Medical Science Group is Mr. Fang's old partner. If there is an emergency, he can't compare with him. "Oh, yes, Mr. Fang, can you spare time tomorrow?"
"Maybe I'll leave on the evening flight." Liu Zonghong said regretfully.
Liu Suyi nodded silently. Since Mr. Fang trusted him, he could only take on the responsibility of Liu Yiyi.
...
Fang Zhuo really wanted to attend the meeting of Yongke Real Estate.
However, Zhou Xin sincerely invited him to the hospital in Pengcheng to witness the domestically produced cochlear implants developed by Medical Science Group, so he had to give him the temporary time of this day.
Medical Science Group has been localizing cochlear implants for nearly two years and has been doing a solid job.
In other words, under the leadership of Zhou Xin, the Medical Group has been doing a solid job, which makes Fang Zhuo, who once regretted Zhou Xin's unwillingness to move, inexplicably relieved. Xiao Zhou definitely knew that he had the opportunity to make more money, but he still gave up such an opportunity.
On the morning of the 26th, Fang Zhuo talked with Zhou Xin about the current business situation of the Medical Group while waiting for the patient to make final preparations.
The localization of cochlear implants can reduce the price by at least half, which is indeed a good deed.
In fact, the patient has undergone cochlear implant surgery, but the cochlear implant cannot be turned on immediately after implantation. It is necessary to wait for the wound to heal and the skin flap outside the earphone to be completely healed.
Today is the moment to witness the patient wearing the external part of the cochlear implant and turning it on.
Near noon, Fang Zhuo and Zhou Xin, who were standing outside the glass window, stopped communicating and looked at the children, parents, and doctors in the ward.
The child is only four years old and his family is not well off. This time, the Medical Group can use the cochlear implant for free, but apart from the cost of the hospital and the cochlear implant, the parents still need to pay a lot of energy and money.
The cochlear implant is very simple to turn on.
When the four-year-old child was fitted with a cochlear implant and heard the voices of his parents for the first time, he was terrified at first, and then he jumped into his mother's arms like a shy little animal.
His father was crying silently beside him, and his mother was holding back her tears, fearing that the sound would scare the child who had just heard it.
The child was afraid to cry, and his mother patted him silently, and his father wiped his tears quietly.
Fang Zhuo looked at this scene in the ward and couldn't help being moved.
He turned his back, took the tissue handed by Zhou Xin, and wiped his eyes.
"Really good." Fang Zhuo had to praise Zhou Xin's work from the bottom of his heart again.
He turned around and looked at the child in the ward who gradually stopped crying, and motioned Zhou Xin to follow him out, not to disturb the family.
Zhou Xin took two steps and said proudly: "I think it's great too."
He continued: "There are too many things in the hospital. I think it's meaningful for the medical department to try to solve some of them."
Fang Zhuo nodded: "You are better than me. I know I am not capable enough. In fact, I am not willing to go to the hospital. Even if I invest some money sometimes, I don't want to see how the money is spent with my own eyes."
Zhou Xin shook his head. He disagreed with this statement. The greatest good deed is to spend the money in place.
From this point of view, whether it is helping the charity fund to raise money or agreeing with and promoting the work of the medical department, Mr. Fang is better than himself.
"Brother Fang, in this case, we just need some money to upgrade to localization." Zhou Xin said the purpose of this time. The cochlear implant is a joint venture between subsidiaries and still requires more research and development expenses.
Fang Zhuo said without hesitation: "How much do you need?"
Zhou Xin held up two fingers: "About 200 million."
Fang Zhuo nodded and said simply: "Okay."
He walked forward a few steps and suddenly asked: "Is this child from Pengcheng?"
"No, I brought him to Pengcheng specially because it is close to Hong Kong." Zhou Xin said honestly, "I can let you see it as soon as possible."
Fang Zhuo sighed: "If you need money, just tell me directly, there is no need to do this."
"The first 200 million is good." Zhou Xin still said honestly, "But I will want the second, third, and fourth installments in the future."
That's why Mr. Fang asked for money after seeing such a scene.
Hearing is false, seeing is believing, the old saying always makes some sense.
Fang Zhuo stopped, looked at Zhou Xin, frowned, and said: "Wait a while, I'll see if I can squeeze more for you."
Zhou Xin hurriedly held Brother Fang's hand. This is the meaning of his insistence on bringing this family to Pengcheng.
People say that Brother Fang has made money recently.
As expected!
Although many people say that Brother Fang is not good, I know him!
If someone can't feel his goodness, then think about your own problems!
However, if you want to get more goodness from him, you have to learn how to ask for it better!
"Is there no news scheduled today?" Fang Zhuo let go and patted Zhou Xin on the shoulder.
Zhou Xin was stunned: "No."
"It would be better if more media reported on this kind of thing. I can also take the opportunity to ask for some money for your charity fund." Fang Zhuo felt a little regretful, and then glanced at Xiao Zhou.
Zhou Xin suddenly realized and immediately said: "Mr. Fang, wait, let's have a meal first, we will be able to contact the media soon, and we can interview in the afternoon."
Not to mention other companies, Sina here is definitely fast.
Fang Zhuo nodded slightly: "Let's go, eat first."
Zhou Xin walked forward while taking his mobile phone.
This trip is really worth it!
A bigger wish emerged in his heart, hoping that Brother Fang would become the richest man in the world!
On the afternoon of the 26th, several media reported the first use of domestic cochlear implants in Pengcheng.
Among them, Fang Zhuo, the richest man in the mainland, and Zhou Xin, CEO of Medical Group, were interviewed and talked about the significance of localization of cochlear implants.
Just in the evening, before Fang Zhuo boarded the plane, he made a round of phone calls while the iron was hot, and helped Zhou Xin's charity fund raise nearly 10 million donations, and he also made a one-to-one matching donation according to the promise on the phone.
Zhou Xin sent Brother Fang to the airport and watched his "Qingzi" take off before leaving.
Liu Suyi, who was in Hong Kong, received a text message from the big boss before the plane took off - everything was normal.
Although he didn't meet Mr. Fang, he got instructions anyway.
Liu Suyi silently revoked another result discussed in the meeting and resolutely obeyed the order.
No matter good or bad, it will become a listed company first, right?
...
On the 27th, the Qingzi arrived in the United States.
Fang Zhuo came to New York, which had undergone great changes but seemed to have not changed at all.
Kong Yu had been waiting in New York for a long time. This time, he had done enough security work and personally led people to pick him up at the airport.
"Bulletproof car? It feels quite solid,"
Fang Zhuo didn't take the time difference well this time. He got into the car a little tired and knocked on the door frame with his hand.
Kong Yu said "hmm" without further explanation. He thought it was necessary.
"It's okay, Mr. Kong. You don't have to be too nervous. I see you are more haggard than last time." Fang Zhuo comforted the gasoline man who hadn't seen him for a long time. "On the surface, there is Paulson's fund to attract attention. Officially, there are Paulson, Geithner and others. Privately, the funds are also divided into several pieces for nesting. Not so many people are watching us."
Kong Yu didn't mean to relax: "Mr. Fang, that's what I said. It's better to take precautions before it happens."
"How will you do your future work if you are so nervous?" Fang Zhuo laughed.
Kong Yu:?
Fang Zhuo did not elaborate, and continued to ask: "Is there any latest news?"
"It is said that the amount of money Morgan swallowed up by Washington Mutual Bank is 1.9 billion US dollars." Kong Yu told the latest confirmed situation, "It is said that the 700 billion US dollar bailout bill submitted by Abramovich may be rejected by Congress."
"It's really a bargain price." Fang Zhuo shook his head, "If the bill is rejected, the market will be more turbulent."
"Now everyone is waiting and watching, and everyone on Wall Street is in danger." Kong Yu said this first, and then corrected his words, "Most of them are in danger."
Fang Zhuo thought for a while and said, "We can't eat as much meat as Morgan. This time, we will take advantage of the spread of power of Geithner and his team and have a share of the soup. The funds of these clients will be packaged and given priority."
Morgan eats openly, but MIGA Fund cannot do so. The fund operates based on the needs of its clients. It will eat whatever the clients want.
MIGA Fund has made a lot of money through short selling. This time, it is just serving its clients. If the clients feel bad and insist on paying more, it is acceptable.
Kong Yu nodded. Geithner of the New York Fed has been very popular recently and is a hot figure. He is one of the core clients of MIGA Fund.
In addition, a poll was released yesterday, and Obama, who had been lagging behind McCain, overtook him.
Kong Yu observed the current situation and suspected that if Obama succeeded, Geithner would gain a pivotal position and might even take over Paulson's current position.
The situation is unpredictable, but...it seems to be getting better and better for MIGA Fund.
He took out a document from his briefcase and handed it to his boss. It also contained some of the latest news.
-- UMC laid off 400 people.
-- Sony Ericsson North America laid off 450 people.
-- Cisco laid off 120 people.
-- Yahoo is planning to lay off at least 10% of its employees, which is expected to exceed 1,400 people.
-- There are rumors of layoffs at Texas Instruments, which may exceed 600 people, and there are also rumors of selling factories and restructuring mobile phone chip businesses.
-- Motorola's mobile phone department is suspected to have some movement, and the already sluggish mobile phone business has been hit hard again.
-- Qimonda plans to lay off 3,000 people to cope with the global chip market recession.
-- Micron will lay off 15% of its employees for the winter and close a DRAM memory chip production line in Idaho.
There are so many things, two pages of short and dense information, basically all of which are familiar manufacturers and brands, and some are old friends.
Fang Zhuo was shocked.
Fang Zhuo was overjoyed.
If we cut them now, these numbers will only increase after a while.
Fang Zhuo turned his mind and considered the first target to contact.
Yike needs talents, technology, and patents, and so does Bingxin.
The chip design capabilities of the former need to be strengthened, and the situation of the latter is more complicated. A small team has been formed in China and will soon fly to the United States to be responsible for the assessment.
"When will the result of Abramovich's 700 billion bill be decided?" Fang Zhuo put down the materials and asked Kong Yu.
"On the 29th." Kong Yu replied.
Fang Zhuo nodded lightly. Since there are rumors in the market, there may be greater turmoil after the 29th, so start buying then.
Let's start with Texas Instruments. It is laying off employees, selling factories, and adjusting its mobile phone chip business. It must need a lot of help.