Fight To the Third Generation - Chapter 647
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A lot of public relations expenses go into it.
After the rhythm was brought up, the name “yw·zheng” quickly spread all over the world.
Even Lehman Brothers Group followed suit and contacted Zheng Yongwen to offer him an annual salary of millions of dollars, as well as additional performance commissions, and also promised him that he would build a new fund operation team tailored to him.
Needless to say, the benefits of having a star speculator, such as Soros’s Quantum Fund, even if the old man has started to retire since the Southeast Asian financial crisis, the investors of the Quantum Fund are full of expectations and confidence, hoping that he can seize it again. The next opportunity to speculate is like when the old man was short Mexico and short Britain.
Zheng Yongwen certainly does not have the ability to raise his arms and attract tens of billions of dollars in international hot money.
However, the hottest investment topic at the moment is the collapse of the Nasdaq index. In two weeks and ten trading days, the total decline of the Nasdaq has expanded by at least 18.87%, and is about to fall below the 4,000-point mark.
Even the most optimistic investors have begun to fall into panic. The first and second groups of institutions and retail investors trying to buy the bottom have been caught up in the market.
In order to protect the share price of Yanwen Group and prevent being maliciously shorted, Su Yehao passed a stock repurchase plan with a total scale of 50 million US dollars at the board of directors.
More money and less money is not the point. The point is to release the attitude that he will keep the Yanwen Group, and even let Chief Operating Officer John Zhou hint to the outside world that he may be privatized and delisted when the stock price is right.
This has indeed succeeded in frightening off many short sellers. After all, everyone now knows that Su Yehao is really rich.
Others fell into tears, and with him, the risk turned into an opportunity, and he earned nearly two billion dollars in two weeks.
Coupled with the embarrassing operation of the Yanwen Group, “under Zheng Yongwen’s suggestion”, he bought and shorted the fund hedging of the Nasdaq index, which is equivalent to making its stock price a few more layers of anti-dropping nets.
Although the short-selling fund only helped Yanwen Group make more than 100 million US dollars, which is far less astounding than the profit after adding leverage, it succeeded in reducing the share price of Yanwen Group by two or three billion US dollars, with a total decline of only 8.2% in the past two weeks. , has been regarded as a standout among Silicon Valley companies, thriving.
This gave Su Yehao a sigh of relief. At least he is still a member of the Ten Billionaires Club, and many wealthy people in the technology industry have had their assets shrunk.
In particular, many start-up companies and the major shareholders of listed companies with a shortage of cash flow, some people’s worth quickly halved, and even faced the dilemma of bankruptcy.
Because the market was so hot in the past, many companies were waiting for a price, they were not in a hurry to raise funds, and they spent a lot of money.
The cold winter just came, and it was these companies that were the first to freeze.
As for the Google that Su Yehao controls, the partners who previously financed it not only have no regrets, but are gearing up for it, and jointly suggested that Su Yehao take advantage of the decline of Yahoo, and temporarily ignore the continued suppression of Google, and seize the opportunity to seize more market share.
These powerful venture capital institutions are now nothing more than spitting out a portion of their profits, and they are still making a lot of money. In the midst of a crisis, they have taken a long-term view, rather than worrying about temporary gains and losses.
all in all.
The impact of the collapse of the Nasdaq bubble on Su Yehao was far less pessimistic than he had imagined before, and countless start-up companies in the technology industry tried to seek investment from him.
A company that was previously valued at one billion US dollars can now negotiate financing with a valuation of five or six billion US dollars. The arrogant entrepreneurs before are now closed to venture capital institutions all day long.
The situation in the financing market is far more tragic than the stock market, and the entire circle is falling in panic.
It can be said that now as long as Su Yehao is willing, he can almost let him choose the start-up companies in the market, and other powerful large companies are also watching.
Behind every financial crisis, the shuffle of big fish eating small fish appears, and it is obviously not the best time to make a move.
So… Su Yehao is salted fish again.
On March 24, 2000, he accompanied his father to Pengcheng, along with the red-faced Wong Tai Sin who had just received the check.
It’s a pity that Su Yehao was not allowed to leak the news that he helped pick a day, but there was a cheque with a denomination of one million Hong Kong dollars beside him, which was enough to make Wong Tai Sin forget this little trouble.
In the Sihai International Cultural Tourism City on the edge of Pengcheng Bay, taking advantage of the good weather, burning incense and whipping the pig’s head, Su Yehao accompanied him to break ground with a shovel to celebrate the start of construction.
This is a five-star hotel.
According to the content of the planning project, it is estimated that the total construction cost is one billion yuan, and a building area of 200,000 square meters will be built, with 1,400 guest rooms, plus a lobby, banquet hall, conference room, etc. At least 40 square meters or more.
Su Yehao looked through the information, and now asked his father, “Now this place doesn’t shit, are you sure you can build the hotel ahead of time, so that you can make a return? It’s still a five-star hotel, you should cover it up and wait for popularity. Get up and start working again.”
Father Su has just finished receiving local acquaintances. He has often come to Pengcheng in the past two years. Everyone has already gotten to know each other well, so there is no need to be more polite.
Hearing Su Yehao’s question, he replied with a smile:
“You don’t understand this. Other hotels around are so expensive. My hotel focuses on five-star service and four-star price. At that time, it will only cost three or four hundred yuan to stay a night, whether it is business reception or banquet. They are all very high-end, pay attention to small profits but quick turnover, and the business is definitely not bad.”
“…Okay, is there a problem with funding?”
“Is there any problem? Everyone knows that you have money, son. The bank is rushing to lend me money. Just do your own business. The Industrial and Commercial Bank of China just sent me a box of 100-year-old ginseng, saying whether it can complete the performance in the first half of this year. , it’s up to our grandfather.”
heard.
Su Yehao felt that his old man was a little bloated. For example, this hotel with a construction area of 200,000 square meters was not originally in the planning of this cultural tourism city.
You don’t need to guess to know what the source of his father’s confidence is.
Anyway, there is a son to help with the bottom line, and the economic development of the mainland is really good. Cosmopolitan International has recently let go of its hands and feet, and plans to build another cultural tourism city in Pudong near the river.
The Shanghai Stock Exchange took the initiative to mention the difficulty of understanding Cosmopolitan International’s overwhelm, so it can be planned first, and the construction period can be appropriately relaxed.
This approach is obviously worried that the Su family is unwilling to invest, and wants to occupy the pit first, so as not to let the third cultural tourism city be built elsewhere.
Different from the high profile in the future, now all places are counting on selling land to make money and revitalize the economy.
Local developers are obviously not as rich as Cosmopolitan International. The funds brought by one project are worth 20 ordinary projects, which makes Dad Su particularly popular, and he can eat wherever he goes.
Taking a piece of paper to wipe the dirt-stained leather shoes, Father Su changed the subject and said:
“Last time you lent me 3 billion Hong Kong dollars~www.mtlnovel.com~ I discussed with your mother and arranged with a lawyer, and this money will be used as your financing. Cosmopolitan International has high debts, high risks, and net assets. The price of seven billion Hong Kong dollars is reasonable and reasonable, so that you can take the opportunity to transfer 30% of the equity to your name, what do you think?”
“Whatever you arrange, I don’t care.”
Su Yehao wanted to be polite, but his father was stabbed to the point of pain, and he sighed suddenly:
“Son, you have grown up and are rich, so you don’t like my small business, right? You were not like this before, with tens of thousands of pocket money, you can be so happy that you can wander around me. , a good daddy in one bite.”
“…”
Glancing at Dad, Su Yehao couldn’t continue.
Worried that the middle-aged old man would be hit, he had to explain:
“I really want it, okay? Don’t think it’s just land now. When several cultural tourism cities and commercial complexes are built, the market value of hundreds of billions of dollars is very likely in ten years. I’ll charge in front, Dad, your The industry is our family’s pinnacle, and because of your help, I have no worries, so I can achieve today’s results, so the Four Seas International is very important.”
…