Chapter 610 [The most influential businessman in the world]
At the end of May, the Nikkei futures index settled at 15,580 points, and Barings Bank won a big victory, earning a total profit of US$180 million.
Although this news was not announced to the public, some information was leaked and reported by the media. The media did not know how much money was made, some described it as hundreds of millions of dollars, and some described it as a huge profit.
For a time, Lin Zuhui's reputation as the "Stock God" spread far and wide again. Some people say that after the world's richest man acquired Barings Bank, he used such an investment case to tell everyone that the "dignity" that Bahrain Bank had lost before would now be regained.
get back.
Although it was said that it lost more than one billion US dollars before, but now it only makes hundreds of millions of US dollars, it is highly praised by the financial industry because the stock god knows how to control risks.
Lin Zuhui's name is becoming more and more influential, and has global influence. The media describes him as not only a stock god, but also a business god in the world. His industries span multiple fields and have achieved considerable results.
If you want to select the most influential businessman in the world, Lin Zuhui may be the most powerful candidate.
Monday, May 29th.
Trading Department, Barings Bank, Singapore.
Manager Pete was very excited. He used to invest in Hengjin as a trader and had not experienced this feeling. But now as a manager and frontline commander, he can truly feel the thrill of the financial market.
Of course, although he is the manager of the trading department, Barings Bank has summarized the experience of the "Lesson Incident" and has a very strict review of each trading department. Therefore, he is still just executing orders.
But it doesn't matter, he is still the focus of the media.
This feels good!
Fortunately, Peter will not lose himself, he knows his own affairs.
He came to the trading room and said in a passionate voice: "Continue to sell short, it is still 10 million US dollars every day. Brothers, hurry up and work hard. The higher-ups have spoken. We have prepared a vacation in Hawaii this year, and the company will pay for it!"
"Great! I love the boss!" The traders howled one after another, and then started executing the instructions one by one.
The market capitalization of the Japanese stock market is still the second in the world, and the Nikkei futures exchange is second only to the U.S. indices; and the U.S. dollar and yen foreign exchange are the most traded foreign exchange varieties in the world.
In terms of real estate, even after Japan's real estate plummeted, Tokyo's office rents were still second in the world. All this was because Japanese real estate was too high before the bubble crisis.
Pete showed a smile and was very satisfied with everyone's enthusiastic work status.
Xiangjiang.
Octopus Bank Building.
Recently, Lin Zuhui has focused some energy on the Nikkei 225 Index and USD/JPY. This is because he feels that he is not rich enough, and since he has now become a world-class celebrity, he does not want to be too cautious anymore.
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Of course, due to the layers of financial shell he built up, he is actually still the ultimate killer hiding behind it.
At present, the Nikkei has fallen to 15580 points, which is obviously not as low as he wants, so he asked Barings Bank to spend another 100 million US dollars to continue short selling the June Nikkei futures index. During this period, the position will almost not be closed in advance, waiting for the delivery date at the end of June.
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And if during June, the Nikkei falls below 15,000 points, then Octopus Bank will start to enter the market and buy 10 million US dollars of Nikkei futures index every day, and it is expected to invest about 150 million US dollars to go long.
In the next year, Octopus Bank and Barings Bank will always insist on 'buying' Nikkei and doing 'long'. Of course, in order to control risks, the amount of investment in each delivery month is the same, which is almost 150 million US dollars.
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It is indeed a bit annoying to speculate in Nikkei futures and Hong Kong stock futures. After all, the position has to be closed on the delivery day, which is equivalent to increasing the 'risk', and of course also increasing the high returns.
There is no big risk in foreign exchange speculation, for Lin Zuhui.
Hengjin Investment successfully bought US$200 million of USD/JPY (20 times leverage) in April, with an average point count of only 82.2 points; Lin Zuhui doesn’t need to worry about it now, he can cash out at 120 points before the Asian financial crisis.
In addition to his personal investment of 200 million US dollars, New Era Group also invested 500 million Hong Kong dollars to buy USD/JPY. The non-recurring profits of New Era Group this year have reached over 4 billion Hong Kong dollars, all on short-selling days.
Earned on USD/JPY.
Personal funds and company funds are so huge that after the financial crisis broke out, Lin Zuhui was the biggest bargain hunter.
Wall Street, Big Mosley.
A professional financial elite came to the manager's office.
"Manager, we have found out that in the recent period, Xiangjiang Octopus Bank has purchased approximately 4 billion to 6 billion U.S. dollars in U.S. dollar foreign exchange, with a leverage of 20 times."
The manager slowly raised his head, as if he had known such an expression, and said calmly: "I have guessed that it is that person's style. He is worthy of the name of the stock god, and he knows the timing just right."
The elite said somewhat unconvinced: "In the eyes of us on Wall Street, so what if he is a Hong Kong stock god? With their 20 times leverage, as long as the U.S. dollar and yen quickly fall below 80 points, he will not be scared to death!"
Manager Wen said angrily: "Idiot! How much price do we have to pay? Don't others know how to cover their positions? Do you think the world's richest man will mobilize less funds than us?"
The elite suddenly blushed. He also understood these truths, but he still said quibly: "As long as the decline is fast, they will not have time to cover their positions!"
The manager was speechless. This subordinate had skills, but he was too arrogant!
"If you want to steal someone else's $200 million, you first have to prepare a deposit of $2 billion. The risk you take is greater than others. Will you do this kind of business?"
Now, the elites have nothing to say!
The manager continued: "According to some information, the world's richest man started from scratch, but before his companies brought him a large amount of dividends, he was already worth more than 20 billion Hong Kong dollars. Do you know where the money came from?
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This chapter is not finished yet, please click on the next page to continue reading the exciting content! The elite said: "Stocks, foreign exchange, oil, gold, all have his shadow."
The manager nodded and said: "Yes, although we don't know how much he earns, we can analyze that he is a cunning fox with sharp eyes and calm thinking. Therefore, Wall Street has already tacitly allowed him to make money.
, because he has this strength. Fortunately, he is not greedy!"
"If he's greedy, we can defeat him!"
"certainly!"
These people are still too arrogant. Even if Lin Zuhui is greedy, they can't beat Lin Zuhui unless they unplug the network cable and turn off the trading system. Even so, with Lin Zuhui's wealth, they can still beat Wall Street to death. After all, you can't play too much by unplugging the network cable, otherwise
Where does the credibility come from?
Of course, Lin Zuhui is worried about the United States as the "world policeman", so he has always kept a low profile.
He is indeed low-key. He made so much money in the financial market that Wall Street guessed the amount of 20 billion. Moreover, the reason why they guessed it was based on the analysis of Lin Zuhui's wealth in Xiangjiang-rights issue financing and other performances.
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Without these, the most Wall Street could find was Xiangjiang's funds. After all, Lin Zuhui used to diversify his investments.
Pengcheng.
Lin Zuhui came to Xiaomi Technology Park and, accompanied by Zou Kaixuan, inspected the mobile phone production line with a faint smile on his face.
For this mobile phone production line, a Japanese manufacturer had to spend 100 million US dollars. Of course, it was still very worthwhile. There are currently many OEM mobile phone production lines in China, but the output is only 4 million units per year. But Lin Zuhui knows that soon,
Domestic OEM production lines are about to experience a blowout development, which is comparable to the crazy growth of VCD.
After domestic OEMs accumulated technology and experience, domestic brand mobile phones were born in the late 1990s, and then entered the era of copycat phones.
Of course, Xiaomi Technology is not willing to do OEM work for a few years before developing its own mobile phone brand, so it would rather spend huge sums of money to purchase production lines; Japanese manufacturers not only provide equipment and technology, but also provide talents with management experience.
100 million U.S. dollars is already a very large sum of money for the mobile phone industry. This year, Nokia became the world's number one, and its net profit only reached 1 billion U.S. dollars.
As for Xiaomi mobile phones, it is still unknown whether the US$100 million can be earned back in the 1990s! After all, the technology of Xiaomi mobile phones is not top-notch, and the brand awareness is not strong, so it may not be able to break through in the 1990s.
However, this is also a step to accumulate experience and skills, and overall it is very worthwhile.
"When will Xiaomi mobile phones be available on the market?" Lin Zuhui asked.
President Zou Kaixuan immediately replied: "It will be around August, but we are a GSM signal mobile phone. Although we are not the first to try it, I believe we will break through!"
Ericsson released a GSM mobile phone in January this year, but the GSM network in Guangdong Province was also built, making Ericsson a hot commodity.
It's a good thing to be confident. After all, after nearly three years of research and development and more than a billion dollars invested, there must be some results. It cannot compare with first-tier brands such as Nokia, Motorola, and Ericsson, but it must at least be comparable to second-tier brands in Europe, the United States, and Japan.
Even if this is the case, it is still a very cool thing. After all, according to history, China's first real mobile phone should be Kejian in 1997.
"Do you have confidence in technology and quality?" Lin Zuhui asked again.
"We have tested it many times and Xiaomi phones are worth buying!" Zou Kaixuan said confidently.
Lin Zuhui will no longer continue to discuss these issues. Time will tell everything. Of course, this is the accumulation process of technology and brand.
Back in the office, I listened to Zou Kaixuan’s work report.
"This year, the mainland has flocked to dozens of VCD factories, putting a lot of pressure on Xiaomi VCD. The company currently has a lot of inventory, and there are still 5 million movements in the contract that need to be fulfilled."
Lin Zuhui frowned when he heard this. He didn't expect the situation to be so serious. His idea of making a lot of money from VCDs would be in vain because China's copycat factories were so powerful that with just a few screwdrivers, dozens of VCDs could be assembled in a day.
Of course, Xiaomi VCD also has many advantages: it is the best in CCTV advertising, it is controlled by the two core components of the decoding chip and the movement, it also has an advantage in cost, the brand is deeply rooted in the hearts of the people, and the quality is better than domestic brands.
"Let's lower the price! If we don't take the initiative to lower the price, the copycat factory will also lower the price!" Lin Zuhui said.
The reason why China's electronics industry cannot thrive is due to the appropriationism and vicious competition of copycat factories.
Zou Kaixuan nodded and said: "We have done some research and are going to set the market price at 2,688 yuan. We still have a big profit at this price."
The decoding chip is produced by a subsidiary, and the movement is priced at an ultra-low price based on "large quantity". The cost price is currently 1,500 yuan, which is no longer needed.
Zou Kaixuan has become a world-renowned technology tycoon in recent years. When she goes to the Netherlands, she is greeted by a special plane and a red carpet. The Dutch Prime Minister has also received her. After all, the explosion of China's VCD market has also driven the growth of the Dutch economy.
Lin Zuhui nodded and said: "This idea is a good one. This year there will be dozens of copycat factories, and next year there may be hundreds of assembly factories."
Zou Kaixuan believed Lin Zuhui's words very much, so she said: "Well, Japan's movement production has not kept up, so the key components of the copycat factory are also out of stock. Generally speaking, we have the initiative."
Lin Zuhui said: "There is another way to strengthen the sales of DVD players. As there are more and more wealthy people in the mainland, everyone will have higher requirements for quality. Therefore, DVD will explode in one or two years.
Development. You can enhance the quality and functions of DVDs, and then we will still have a large market in this field when counterfeit products explode."
Zou Kaixuan replied: "Okay, I've written it down! At present, our market still accounts for about 50%, and this big price reduction will definitely stabilize it."
This chapter is not over, please click on the next page to continue reading! In 1995, the mainland's video disc player market should have more than 5 million units, and half of the occupancy rate is quite outstanding. Next year, the sales of VCD disc players will exceed 7 million
It's for sure.
The outbreak of video players in the Mainland has also given rise to the explosion of the pirated disc industry. The piracy of discs in Hong Kong is very serious, which has led to a bad movie box office market, so the number of theaters has begun to drop sharply. Currently, there are about 120, and the number is still decreasing.
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Then, Lin Zuhui asked about the progress of the USB flash drive, and Zou Kaixuan told him the good news. Xiaomi Technology has made key progress in the USB flash drive and will be able to successfully develop it and apply for a patent within a year.
"How about sending people to study in Kingston?" Lin Zuhui asked again.
As the majority shareholder of Kingston, and the two founders Lin Zuhui and Kingston have a very harmonious relationship, Xiaomi Technology can naturally send people to learn from other people’s advanced technologies.
"The results are pretty good. The company has avoided many detours in the memory field and learned a lot of technology and experience!" Zou Kaixuan said.
Lin Zuhui nodded. Xiaomi Technology is currently developing well. With its VCD, cordless phones and other products, the annual net profit is as high as 1.5 billion. Plus the decoding chip company in the United States, the annual net profit is already 2 billion RMB. Of course, this
The data is still growing crazily. Next year, the decoding chip alone will earn US$200 million in profits, and the total profit of Xiaomi Technology should exceed 3 billion.
Of course, if the investment is included, Xiaomi Technology is actually still in debt. It has invested more than one billion in a mobile phone project, not to mention LCD, semiconductors, lithium batteries, and memory products.
Feeding war with war is the characteristic of Xiaomi Technology. Coupled with Lin Zuhui's blood transfusions, bank loans, and next year's IPO to raise funds, tens of billions of R&D funds can be invested throughout the 1990s.
Jiangnan Province, Xinke Company.
A member of the management team hurried to General Manager Gao Wangsheng's office and said, "Mr. Gao, it's not good. Xiaomi VCD has announced a price reduction. It only costs 2,688 yuan now."
Gao Wang stood up violently, then slowly sat down and said: "They want to continue to monopolize the market based on price. No way, we can also lower the price!"
The management reminded: "Mr. Gao, there is a very short supply of movement and decoding chips now, and the manufacturers that control these two parts are raising prices one after another. Not only are we out of stock, but we also have to buy them at a high price."
Gao Wangsheng was immediately speechless. The VCD player was not a high-tech product. A CD movement plus a decoder, and then fixed on the casing, almost constituted a VCD (the capacitor and resistor casings are all things with no technological content)
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"Awesome! Xiaomi Technology is amazing. They not only control the production of decoder chips, but also signed a large number of movement orders with Philips of the Netherlands. Now we want to place an order with Philips, but they want to do our business, but they can't do it because they have to give priority.
Guaranteed orders from Xiaomi Technology. Awesome, awesome.”
The management nodded and said: "The key is that Xiaomi Technology dares to sign an order for 8 million movements. Isn't it really afraid that it won't be sold?"
Gao Wangsheng shook his head. He couldn't understand why Xiaomi Technology dared to sign such a large order. You know, Xiaomi Technology spent a full year in making the market aware of the VCD product.
"It's useless to say all this now. You send people to contact the Japanese manufacturers and they must give us a certain movement order. Then go to the decoding chip manufacturer in the United States and we must get the order. We can't be the boss, at least.
I also want to be the second child. The VCD player 2688 still has a good profit margin, so I have to make money quickly. In the future, competition will become more and more intense, and it will be even harder to make money."
Gao Wangsheng understands very clearly that as more and more copycat factories join in, the profits of VCD players will become lower and lower. Now it’s time to make money as soon as you can.
The land of China.
Dozens of VCD manufacturers have used their contacts to seek orders for movements and decoding chips from several overseas companies, which made several major manufacturers happy for a while.
Philips couldn't help but regret that he took a private jet, a red carpet, and the Prime Minister of the Netherlands to greet Zou Kaixuan and his party, because they missed the opportunity to make a lot of money.
When it signed the order for 3 million movements, Philips laughed. Although the price was cheap, it was new profit after all. When the order for 3 million movements had not been completed, Xiaomi Technology sought another order for 5 million movements, but Philips still laughed.
Haha, small profits but quick turnover, the risk belongs to Xiaomi Technology.
But now, they can no longer laugh. Data from China shows that VCD players are experiencing explosive growth. The movements produced by Sony in Japan are 50% more expensive than those sold by Philips, and demand exceeds supply.
Philips' current productivity can only supply orders from Xiaomi Technology. As for adding additional production lines, company executives are somewhat conservative. They are worried that Huaxia VCD will suddenly be saturated, so they only dare to slightly expand the production line.