This familiar local accent, familiar faces, and familiar scenery calmed Wang Yaocheng's wandering heart, as if he was wandering in the warm embrace of his mother and regained the feeling of his hometown.
Mother Chen Xiulian stood on the steps of her home to welcome her son back as usual, with a kind smile on her face.
"Mom, I'm back!"
"Okay, just come back. I'm seeing snowflakes falling again. It's too cold outside. Let's take the guests to sit at home."
"Why."
Plain words contain plain happiness. This is the atmosphere of home. The large living room was quickly filled with people, and children ran back and forth, spreading the joyful sounds of children.
Wang Yaocheng held a hot tea cup in his hand and chatted with everyone, looking very happy.
…
"What... Xia Yuxin didn't look for someone after her divorce and lived alone with her children? Haha, that's not bad."
Wu Gen said with a gossipy face; "You don't know, Xia Yuxin is becoming more and more beautiful and feminine now, and she is fashionably dressed. She is pursued by many divorced middle-aged men, including government cadres with favorable conditions, and senior corporate officials.
No matter, there are even overseas Chinese investors, but she just doesn’t want to find them.”
"How do you know she doesn't want to look for her? Maybe she hasn't found the one she likes."
Wu Gen glanced at Wang Yaocheng, pursed his lips and said, "If you like it... that will be difficult."
"What do you mean by that look? Why are you looking at me?"
Wang Yaocheng responded angrily and funny, and suddenly a clear voice came from outside the door: "I said, who is chewing my tongue behind my back? When I walked by, it turned out to be you..."
As the words fell, the charming Xia Yuxin walked in from outside, seeming to brighten the room a little. She was wearing a light-colored down coat, still outlining her graceful figure.
Talk about Cao Cao, Cao Cao is here.
Wang Yaocheng chuckled, sat calmly in his seat and said jokingly: "You can't help but talk about it too. The eunuch is here to care about your marriage. He is so worried that a lot of his hair has fallen out. As a little uncle, I told him
, old people don’t ask about young things.”
These words invisibly lifted him up a generation, and everyone immediately burst into laughter, making the atmosphere more harmonious.
"Virtue."
Xia Yuxin muttered, seeing that Nuo Da's living room was full of people, and there was no place to stick a foot, she walked unceremoniously to the fat Wu Gen and said, "Fat Wu, make way for me."
"I came first." Wu Gen protested weakly.
"Hmph, will you let me?"
Wu Gen stood up helplessly, looked for himself under the steps and said, "Well, I'm going to see auntie if she can help me?" He went to the kitchen with a gloomy expression.
Xia Yuxin didn't care about him, she sat down and looked at Wang Yaocheng and said;
"Little uncle, you haven't been back to celebrate the New Year in the past few years. When you came back, you made such a big noise. People a few streets away knew that the God of Wealth King was back, and they all followed to get rich. I am no exception!"
After saying that, Wu Zi reached out and touched Wang Yaocheng's arm. This action was like touching a mascot in a scenic spot.
The eyes of the others lit up when they saw it, and they all wanted to come over and get a piece of it. Who doesn't want to get a taste of the boundless wealth of the God of Wealth King?
This moment made Wang Yaocheng's hair go crazy; "Hey, Xia Yuxin, there are so many neighbors sitting here, why are you making such a fuss? You're in your thirties, don't let me cut you!"
The display of majesty from a long-standing high position immediately made the atmosphere heavy and dispelled everyone's unreliable thoughts.
Wang Yaoyang next to him laughed "hey hey" and sat leisurely watching the show. Shen Bo quickly smoothed things over and said, "Brother Cheng, aren't you happy to see you back? We all have one here. Who doesn't want to get involved in your bad luck?" , even I can’t help itching my hands!”
Wang Yaocheng's expression softened a little, and he glared at Xia Yuxin and continued, "Just this time, it won't be the same next time. You are also a senior executive of the bank. Be more cautious in everything. Your sister-in-law has brought you many gifts back from Europe. Go upstairs later. Let’s take a look.”
"oh."
Xia Yuxin obeyed obediently. After being scolded, she finally became honest and did not dare to stab Wang Yaocheng again.
Wang Yaocheng stopped paying attention to her and turned to chat with the neighbors about everyday things. Hearty laughter broke out from time to time when he talked about happy places.
Near noon
The Wang family held a grand banquet and invited everyone. The banquet ended at about three o'clock in the afternoon. It could be said that the guests and hosts had a great time. Both Wang Yaocheng brothers drank a lot of wine and went back to their rooms to lie down in bed and sleep soundly.
This sleep lasted until nightfall
Wang Yaocheng was awakened by the firework bombs flying into the sky outside. He got up and walked outside the window to take a look. The firework bombs were swaying high into the sky, exploding into the sky with fireworks, making the night colorful.
The heavy snowfall was getting heavier and heavier, and the sky and the ground were already covered with a layer of silvery white. The slightest chill coming through the cracks in the window was bone-chilling, making people wake up quickly.
I raised my wrist to check the time. It was almost 8pm, and I had slept for nearly five hours.
At this moment, Wang Yaocheng felt hungry in his stomach, so he got dressed and went downstairs to take a look. The whole family was sitting in the living room chatting and watching TV. Everyone was cracking melon seeds and drinking tea. When they saw Wang Yaocheng, they immediately became lively.
"Xiaocheng, come down here. We are waiting for you to have dinner."
"Look...you drank so much wine at noon, are you sober now?"
"I didn't eat anything while I was drinking. I must be hungry now. Let the kitchen serve the food quickly!"
Amidst the divergent opinions, Wang Yaocheng asked in surprise: "You haven't eaten yet at this point. Are you waiting for me?"
"Yes." Chen Xiulian said with a smile; "Everyone ate lunch late, and we were not hungry at all. I will wait for you to get up and have dinner together. Let's drink a cup of flag ginseng and fish maw stomach nourishing soup first! Warm your stomach first, This is the soup Wanru made specially for you."
Wang Yaocheng's heart surged with warmth, and he nodded and said, "Well, let's get started together!"
"Okay, let's eat."
The family sat around in a lively manner, and with the addition of several uncles and uncles, there were four tables. The elders, the Wang brothers, one table, the women's table, and the children's two tables were all full, showing the liveliness of the big family. scene.
This is because all the family members are not here. Cai Linlin is with her children at the Gutten Lake Manor in Scotland, Julia Roberts is with her three children in Los Angeles, and Ivanka is still living in New York. If everyone is here, There are more people.
Wang Guodong and Chen Xiulian looked at the lively scene in their home and were so happy that they could not open their mouths from ear to ear. This was exactly what their elders expected, a scene full of children and grandchildren.
The days back home were relaxing and comfortable, visiting neighbors and old places, receiving visiting provincial and city officials, donating to museums and public welfare undertakings, and a week passed quickly.
In the study room at home
Wang Yaocheng was wearing loose house clothes, holding a heavy document in his hand to read. This is the financial year 2008 summary report of the consortium's enterprises. It is so heavy that it is as thick as three fingers.
This is the result of repeated streamlining by the Secretariat. The summary materials use a large number of column tables, wavy lines, trend charts and other clear financial charts to clearly present the operating status of the consortium.
throughout 2008
Due to the severe impact of the global financial turmoil caused by the subprime mortgage crisis, the consortium adopted aggressive market strategies and large-scale mergers and reorganizations. For the first time, its annual revenue was negative, at -US$17.7 billion.
It looks shocking, but if you taste it carefully, you will find that there is something wonderful inside.
The entire Wang Group is divided into seven business sectors, among which;
The first piece of financial assets;
The financial sector, dominated by HSBC, Merrill Lynch and AIG Group, experienced substantial expansion, mergers and reorganizations in 2008, and its scale expanded rapidly.
HSBC took advantage of the financial turmoil to acquire Washington Mutual Bank, Wachovia Bank, ABN Amro and other banking assets of Fortis Financial Group. However, the full-year profit was still insufficient despite huge write-downs, resulting in a loss of up to 20 billion.
.
However, we must note that HSBC has relied on large-scale mergers and acquisitions to expand its scale by 1.5 times after digesting non-performing assets, becoming the world's largest bank far ahead of its peers in the financial industry, with excellent asset quality.
Merrill Lynch and AIG Group are two invisible bottomless pits. Royal Fund invested up to 220 billion US dollars in cash flow to make up for the huge losses caused by the subprime mortgage crisis, paying a huge price.
As a result, these two giant companies in the securities and insurance industries have overcome the rapids of overturning and demonstrated their style as industry leaders.
It is expected that there will be corresponding provisions for bad debts in the first and second fiscal quarters of 2009, but the amounts are no longer large. With the profitability of Merrill Lynch and AIG Group, they can gradually recover and no longer need a consortium.
input of funds.
This is a gratifying event. The consortium's weakness in securities, investment banking and insurance businesses has suddenly turned into a strength.
In the next step, the restored AIG Group and Merrill Lynch will respectively receive the relevant assets of Fortis Financial Group through internal asset restructuring, forming a global securities industry giant and an insurance industry giant, and achieving their final nirvana and rebirth.
The consortium invested nearly 300 billion U.S. dollars in rescuing these three financial enterprise consortiums, and received revitalized assets worth more than 1.2 trillion U.S. dollars. In a normal year, these assets would generate net income of more than 60 billion U.S. dollars every year.
According to the shareholding ratio, the business scale of the financial industry of the consortium has more than doubled every year, and the revenue is close to 40 billion US dollars, which is equivalent to doubling the current income level.
Temporary statement losses are exchanged for hens that lay golden eggs in the long run. From an investment perspective, it is extremely cost-effective anyway.
Financial reports as far away as Wall Street have given Wang Yaocheng a new glorious title: "Emperor of the Financial Industry."
The second electronic semiconductor industry
Since the second half of 2007, Atlantic Jinko Group and Hynix, a subsidiary of the consortium, took the initiative to launch a market bloodbath. After more than a year, it finally came to an end. The originally noisy world wafer investment boom fell into a complete silence and desolation.
Since the wafer investment boom started in early 2005, the construction of Taiwan's wafer manufacturers has been promoted by Samsung, Toshiba, Elpida, STMicroelectronics and US-Japanese capital. The cumulative investment capital has exceeded 86 billion U.S. dollars, and more than 38 wafer fabs have been built around the world.
Home.
More than half of them have been completed and put into operation, and nearly 16 are still under construction, but they came to an abrupt end in the bloody market baptism.
Samsung Semiconductor invested a huge amount of capital in its second venture, which eventually ended with the acquisition of Samsung Group. Samsung Semiconductor also became a memory chip production sub-brand under the consortium.
Samsung Home Appliances has become a home appliance brand alongside the Green Group. In terms of brand positioning, it focuses on mid-range products and is targeting high-end home appliances.
Samsung's mobile phone project was completely owned by the consortium and entered the matrix of the Wang Consortium's mobile phone project, becoming one of the Eight King Kongs.
Samsung Shipping was merged by Swire Shipping, Samsung Department Store was merged by Carrefour Group, Samsung C&T was merged by Hutchison Whampoa, Samsung Trading was merged by Swire Trading, Samsung Airlines was merged by Cathay Pacific, Samsung Securities was merged by Merrill Lynch, and Samsung Marine was merged by AIG Group
merger……
Samsung Motors was sold to China's SAIC Motor at a low price, Samsung Chemical was sold to Sinochem Group, Samsung Petroleum was acquired by the British Red River Resources Company, and Samsung Textile was sold to Suzhou Textile Industry Group.
The controlling shareholder Wang Yaocheng finally took a cruel approach, and the Samsung Group, which later developed into the largest family consortium on the Korean Peninsula, was dismantled and was no longer able to pose the slightest threat to the Wang Consortium.
In Wang Yaocheng's dictionary, if you can't digest it yourself, then find someone to help you digest it. The huge Samsung empire was dismantled and only two or three big cats and kittens were left. Among them, the home appliance department accounted for 80% of the turnover and became one of them.
The most important thing.
Return to the starting point
After more than a year of bloody baptism in the electronics and semiconductor industry, Japan-based Elpida fell into a state of serious losses, with an operating rate of less than 25%. It is seeking financial assistance from the domestic government, powerful chaebols for help or mergers and reorganizations.
It's a pity that it ran into obstacles everywhere, but everyone understood the truth.
As long as Elpida, Japan's only remaining major wafer factory, dies, Wang's consortium will not lay down its butcher knife. This is a bottomless pit. No matter how much money is invested, it will be in vain. No one thinks it has the strength to compete with Wang's consortium.
.
Picking up a bargain also depends on your strength, and not everyone can pick up this bargain.
A large number of wafer manufacturers in Taiwan have died. The construction sites that were originally under construction have been deserted and turned into half-finished projects. The wafer factories that have been completed are losing money every day.
Under the double blow of huge investments and huge losses, Taiwan's wafer manufacturers have suspended production or shutdown of as many as 17 eight-inch, ten-inch and 12-inch production lines, and the remaining 5 are still barely maintaining, and it is estimated that they will not last long.
Their final destination can only be to be merged and reorganized by Wang's consortium at the price of cabbage. Others have neither the technology nor the market nor the strength to pick peaches. If they get their hands on them, they will die.
The joint venture established by STMicroelectronics in Singapore collapsed and liquidated. Atlantic Jinko acquired its four eight-inch wafer production lines and two 12-inch production lines (under construction) for US$330 million and assuming US$4.47 billion in debt.
Among them, one is 85% completed and the other is 46% completed).
On this project alone, STMicroelectronics suffered a loss of more than 12.6 billion U.S. dollars, dragging the entire company to the brink of bankruptcy.
at the same time,
Europe's Infineon Semiconductor declared bankruptcy and liquidation, and Micron withdrew from the international memory chip market. A new DRMA memory chip and flash memory international market structure has emerged, and we are waiting for the final victory.
This stop was tragic. The troika of consortiums that originally had annual profits of more than 36 billion US dollars contributed less than 8.2 billion US dollars in profits in 2008. This was mainly due to TSMC's unrivaled profits in the foundry field, which supported the profits of the electronic semiconductor industry.
Most of the country.
After the bloody battle, it's time to reap victory.
(Friends, this is just a chapter of 4,000 words today. I am thinking about how to write the final ending. Of course, it is based on the present and looking to the future. There must be a comprehensive consideration.
Regarding the new book "The Strongest Speculator in History", you don't have to worry about double-editing, because the new book has accumulated almost 60,000 words, and there is enough thickness to cope with daily updates. This is a very interesting book, please save it when you have time.
, fatten them and then slaughter them.
If you can vote for recommendation, I would like to express my sincere thanks to Mr. Pu Yawu!)