593 Land thief! Traitor! Dog thief! Evil thief! (4k)
October 18th, Ali Baba in Hangzhou.
"The above is the cost of the entire Double Eleven."
Sun Yutong truthfully reported to Lu Yun: "The investment this time is almost double that of the '619'. Is it too much?"
"Much? Much?"
Lu Yun glared at him: "Have you forgotten how Lu Fei suppressed us? It was just by throwing money!"
"Kefeigou.com also has the moat of logistics..."
Sun Yutong disagreed.
"so what!"
Lu Yun curled his lips, "What e-commerce companies compete for is not logistics, but money. Users are just outsiders. They will go to whichever platform offers the cheapest price and the greatest discount."
This time, if Lu Fei cannot give, we will give. If Lu Fei can give, we will give double. The more we give, the more we will earn. This is a perfect opportunity for Ahri to snatch users and traffic!"
Sun Yutong changed the topic interestingly: "Analysts in Xiangjiang said that our sales on Double Eleven this time must reach 4 billion to be considered a qualified report card."
"Four billion? We have spent so much money and invested so many people, just for 4 billion? Mr. Sun is too conservative."
Before Lu Yun could say anything, Wei Zhe beside him interrupted.
"So how much does Mr. Wei think it should be?"
Sun Yutong frowned and glanced at this rising star.
Before the listing, it used to be him, Lu Yun and Cai Chongxin who closed the door and had a meeting. Now that they have just gone public, not only is Cai Chongxin missing from the meeting, but he has always been at odds with himself during the meeting.
"5 billion!"
Wei Zhe held out five fingers: "This is the first time we are fighting such a rich battle. No matter what, we have to tear off a piece of Feigou.com's Double Eleven market share, just to tell Lu Fei and tell everyone that Double Eleven
It’s no longer Feigou.com’s Singles’ Day.”
"Bah bang bang."
Lu Yun applauded, "The biggest mistake Lu Fei made was to fight with the Hong Kong Stock Exchange for the 'different rights for the same shares'. By allowing us to be listed first, we would have enough funds to compete with Feigou.com."
Watching them singing along, Sun Yutong couldn't talk to her. She clearly felt Lu Yun's neglect, and she felt deeply unhappy at the thought of supporting such a high-ranking executive to balance his second-in-command position.
At this moment, Cai Chongxin knocked on the door and entered.
Extremely urgent!
It’s time to take action! Lu Fei, the goddamn man, has made action!
"What did he do?"
Lu Yun and the others all looked at him.
"Cai Fu Bao."
Cai Chongxin waved the information in his hand.
Sun Yutong's heart skipped a beat, "Aren't you looking for some excuse to disconnect the network or upgrade, suspend our payment services, or simply cancel the cooperation to drain the fire?"
"Impossible, he is not so short-sighted. If he really dares to do this, we will immediately sue him for vicious competition and alleged monopoly."
Lu Yun's stern face is different from what it used to be.
The Ahri of today is no longer the Ahri of the past. No matter what, the local government cannot just sit back and do nothing like before, right?
After all, he is the king of Internet stocks that dominates Hong Kong stocks!
"See for yourselves."
Cai Chongxin distributed to them the "Online Payment Business Management Measures" just released by Caifubao, "Caifubao has launched the new function of 'Yue Bao'."
"Yue Bao, why does it sound so familiar?"
Wei Zhe thought about it: "I think about it, is it the 'Yue Bao' that was able to raise two to three billion last time?"
Seeing Cai Chongxin nodding silently, Lu Yun was stunned.
The country would actually allow Lu Fei to engage in finance like this?
What the hell, if he is also an e-commerce company, why can he have a third-party payment license, and why can he still run Yu’E Bao!
Why can't I do anything?
Sun Yutong wanted to answer, because Caifubao is very pure.
Not to mention the single shareholding structure, and the registered place is not in Cayman. In comparison, Chengxintong is quite complicated.
Ali has three major capitals behind it: Hong Kong, Taiwan, Neon, and the United States. As a wholly-owned subsidiary, it is strange that it can be granted a third-party payment license.
"This is not the point. The point is that this time it is not 2 billion or 3 billion. There is no upper limit on the amount."
Cai Chongxin said in a serious tone, "There is no limit!"
Sun Yutong's heart skipped a beat and she browsed carefully.
First, for external transfers, the number of transfer records in a single day cannot exceed 100, and the amount of a single transfer remains unchanged...
Second, when using bank cards to transfer money, each bank has different limits on single and single-day transfers...
third……
fourth……
Going down one by one, when my eyes landed on "You can transfer out of your balance and directly into the bound bank card without any handling fees", you were so shocked that you blurted out: "There are no inter-bank transfer fees?"
"Yes, this alone will make a lot of people willing to put their money in Yu'e Bao, but the scariest thing is not this."
Cai Chongxin looked left and right, "The annualized rate of Yu'ebao is higher than the bank's three-year regular benchmark interest rate. Do you know what this means? Yu'ebao will change people's savings habits. There will definitely be people who use Yu'ebao as savings."
Bank savings."
"Oh my god."
Sun Yutong took a breath of cold air.
Is there interest on cash? It doesn't exist.
Does the funds stored in the bank, the backup daily cash, earn interest? Although it does exist, the current demand is very low.
However, now only with Yu'e Bao, you can deposit and withdraw immediately, and you can earn hundreds or thousands of dollars more in interest income a year.
Immediately, the image of deposits and cash flowing into Yu'e Bao came to mind. Even if there were 1.3 billion people in the country and each person only saved 1 yuan, that would still be an astonishing 1.3 billion funds.
So, 10 yuan, 100 yuan, 1,000 yuan...
Cai Chongxin and Wei Zhe suddenly felt heavy pressure.
"Hahaha, hahaha~"
Lu Yun slapped his thigh and laughed out loud.
"Jack, why are you laughing?"
Cai Chongxin and the other two couldn't help but be curious.
"I laughed at Lu Fei for taking such a big step, it was so embarrassing!"
Lu Yun smiled from ear to ear, "Let me ask you, who is the biggest enemy of this 'Yue Bao' launched by Caifubao?"
Without waiting for their answer, he answered quickly: "Of course it's a bank, especially the four major banks!"
"Yes, bank."
Wei Zhe echoed: "Wealth management funds, demand deposits, and inter-bank handling fees are all competing for business with banks. Banks must hate this 'Yue Bao'."
"If banks were Caifubao's partners in the past, then after the launch of 'Yue Bao', Caifubao has been the bank's unrelenting enemy. Doesn't this create opportunities for us?"
Lu Yun's analysis was very clear.
"Mr. Lu is right!"
Sun Yutong thought for a while and agreed.
Yu'E Bao is backed by the state. Banks cannot personally deal with Caifubao. It is both shameless and inappropriate. After all, banks are deeply bound to Caifubao and must be decoupled before they can deal with it.
Then, we need to support a new payment platform.
As long as Chengxintong takes the initiative to ask for help at this time, it will not be difficult to get the cooperation of the bank. The enemy of my enemy is my friend!
"In the past, the reason why our payment could not develop was because we were a step behind Lu Fei and were not deeply tied to the bank. One step was slow, and the other was slow. That's why we still don't have a third-party payment license, and our market share is only
It will be less than 1%.”
Lu Yun snapped his fingers, "Now is your chance!"
"Ahem."
Cai Chongxin cleared his throat to attract everyone's attention, "Look down, this 'Yue Bao' fund is not Lu Fei's Trisolaris Fund, but a joint fund called 'Fumin'. In addition to Trisolaris, there are also
CCB Fund, a subsidiary of China Construction Bank."
"What?!"
Lu Yun immediately realized something was wrong, "Chongxin, you mean, ICBC, Agricultural Bank of China, and Bank of China will join in the future?"
Cai Chongxin sighed: "As long as they set up funds like China Construction Bank, or even funds from other banks, they may become a member of the 'Fu Min' fund. In other words, this fund, and even the entire 'Yue Bao', are controlled by the central bank and banks.
We supervise.”
"why why!"
Lu Yun was furious, "They are surrendering to the enemy!"
Cai Chongxin said helplessly: "I asked friends at banks and CICC, and Lu Fei stepped into the spotlight this time. In addition to supporting Feigou.com, they also used the catfish 'Yu'E Bao' to stir up the entire traditional banking industry and drive up bank interest rates.
Market-oriented policies..."
"Why do good things always happen to Lu Fei!"
Lu Yun was envious and jealous, and his tone was sour.
Wei Zhe comforted him: "Mr. Lu, even if Yu'e Bao can absorb the cash and deposits of people across the country, even if it's billions or tens of billions, it's impossible for Lu Fei to use it casually, and it's impossible to use it all on the airline."
For online shopping, I estimate that the most he can spend is only a few billion. In any case, the total funds are more than 10 billion versus several billion, and the advantage is still with us!"
Lu Yun's eyes lit up, but Cai Chongxin sighed again and said:
"In addition to this, Jack and Lu Fei have also tampered with Yu'e Bao. On the grounds of security and policy, it is temporarily only open to Penguin, Feigou, Meituan, NetEase, New Wolf, and Shanda."
"No Taoduoduo?" Sun Yutong opened his mouth.
"As long as I have nothing to do with Ahri!"
A weak bitter smile appeared on Cai Chongxin's face.
Feigou.com can support users' Yu'e Bao payment, but Ahli Baba does not. However, during the Double Eleven shopping festival, 10% of users are lost because of this, which is also an immeasurable loss.
What's more, Caifubao is also issuing consumer coupons!
"Damn it, Lu Fei, you bastard is playing dirty tricks!"
Lu Yun punched the table hard in anger.
………………
“‘Yue’e Bao’ was born out of nowhere, attracting deposits that rivaled the four major banks.”
“Half of Yu’e Bao ‘absorbed savings’ of 12.9 billion, and there is no word ‘money shortage’ in Lu Fei’s dictionary.”
"Caifubao's Internet financial innovation has given the country's traditional banking industry a slight shock and is expected to attract hundreds of billions of dollars."
"The first battle of listing, a bloody battle with Feigou.com! Ahri Baba is bleeding heavily, and Taoduoduo has a one-billion-dollar subsidy, creating a huge wave of consumption!"
"Feigou Suning joins hands to start a battle to defend 3C home appliances."
"Ari's one-billion-dollar subsidy is a trick? The brand said: It all relies on its own subsidies. On Feigou.com, the subsidy is a direct subsidy of real money from the platform. Ahri wants the same low price, but the official is unwilling to pay more.
, Isn’t this the generosity of a businessman, making wedding clothes for the platform?”
"The one-billion-billion-yuan subsidy fraud is just a rumor! Ali Baba CEO Sun Tongyu said that a friend was unscrupulous and spread rumors, which is really disgusting."
"In the battle between cats and dogs, who has the last laugh?"
"..."
Lu Fei glanced at the news, focusing more on the stock market, with a smile on his lips.
Because the existence of Yu'ebao is equivalent to raising interest rates in disguise to absorb savings, the Shanghai Stock Exchange Index did not rush to 6,000 points like in its previous life, and then an unprecedented stock market crash broke out, causing the entire stock market to be bearish for five years, and now remains at around 3,967 points.
A lot of hot money poured into Double Eleven and Yu’E Bao.
According to this, after the subprime mortgage crisis, there is still hope for A-shares.
The focus was immediately fixed on PetroChina, which was listed on November 5. The share price rose from 16 yuan to 46 yuan on the day of its debut, and its market value reached an astonishing 8.9 trillion RMB, ranking first in the world.
It is also the company with the highest market value in the world!
"Ah Fei, I have asked people to cash out all the PetroChina stocks in our Hong Kong stock market in batches. The average price is HK$13.47." Xu Xin laughed happily on the phone.
"Oh, very good."
Lu Fei put his head in his hands and leaned on the back of the chair.
I started to invest in PetroChina in 2004, and have continued to cover my position. The average price per share is HK$4.79, and I hold approximately 620 million shares. Now, taking advantage of the good news about PetroChina's strong morale in the A-share market, I took the opportunity to reduce my holdings in Hong Kong stocks and made a profit.
About HK$5.4 billion.
This is equivalent to making $688 million.
"Buffett guessed that we were selling, and made a special call to verify it. Now his Berkshire Hathaway is also selling. This time, he made at least more than 10 billion Hong Kong dollars."
Xu Xin said with a smile: "As a return gift, he revealed the news that Wall Street short-selling institutions are hunting Ali Baba."
"Yeah?"
Lu Fei raised his eyebrows.
Xu Xin analyzed: "They have suffered too much losses in subprime mortgages, and they will never let go of this fat piece of meat called Ali Baba. Ali Baba has a fatal problem, that is, the proliferation of fakes. As long as this is grasped, the original
The artificially high market value will 100% plummet. Of course, if you can hand in a satisfactory answer on Double Eleven, you may consider holding back, fattening up and then killing."
"That would be a bit difficult for Ahri."
Since Lu Fei had Yu'E Bao, he was not afraid of spending money against Ali Baba, because what Lu Yun was burning was the money raised by his IPO, and what he was burning was precisely the money of Yu'E Bao depositors.
As long as Yu'e Bao continues to "absorb savings", it will be like Feigou.com's money printing machine, and Ali Baba will be able to burn money——
Can it burn down the bank?
Yu'e Bao complements Caifubao, which perfectly fills the "loophole" of no annual interest on online funds. With Feigou.com, the largest Internet trading platform, it directly forms a payment ecology. The only thing missing is the arrival of mobile Internet.
Then, offline payment is also included in Caifubao's territory, and it looks like an enhanced version of Ant Financial.
If a steel coin falls from the sky, it must be named Lu!
Ahem, you can't commit suicide, you can't commit suicide...
"You hate Lu Yun and Ah Li so much, why don't we get involved too?" Xu Xin secretly suggested going short.
Lu Fei touched his chin, "Let's see what happens."
After chatting about subprime mortgages for a while, we hung up the phone.
At the same time, there were two TVs placed in front of me, one on the left and one on the right. On the left was the live broadcast of Feigou.com, and on the right was the live broadcast of Taoduoduo. Both sides started counting down at the same time.
"10,9,8...3,2,1."
"boom!"
In the picture, Liu Edong and Lu Yun both pressed the start button, and a series of numbers were immediately displayed on the large screen behind them.
When Feigou Jingdong completed last year's Double Eleven sales of 4 billion in 2 hours and 17 minutes, Taoduoduo and Tmall could no longer even eat exhaust gas and were still struggling to reach 2 billion.
Time passed by minute by minute, and another 4 hours passed.
Lu Fei stayed in the office all night, and the TV was on all night, no more, no less. It was exactly 6:30, and the transaction volume of Feigou Jingdong platform had exceeded 6 billion, and Taoduoduo Tmall——
Where are you! You are not even in 4 billion!
Oh, not even 3 billion!
That's it?
I haven’t even counted Meituan’s 670 million!
Lu Fei sneered, picked up his cell phone and called Xu Xin, "Sister Xin, let's not let Bullock do it in the name of the Three Body Fund. Isn't that what he did when he founded Muddy Waters? Ask John too.
He is best at short selling, do you want to vote for him?"
