Reborn Entrepreneurial Giant.

Chapter 192 The Bull Plunges

He originally thought he was a friendly force, but he didn't expect to have evil intentions. Qu Li almost fell into trouble and called Xu Lei to ask him to pay attention and be prepared to deal with it.

"This time, domestic milk companies will be left half disabled if not dead!" Sun Jianhe said bluntly.

"..." Qu Li wanted to say something, but couldn't. Mengniu Yili eventually became the two giants in the milk industry. This fucking world is too difficult to understand.

"We happen to have money, do you want it?"

"How to operate?"

"Mengniu is listed in Xiangjiang. Trading is temporarily suspended. Once the market opens, there is likely to be a panic plunge. Then we will have a chance."

"Are you optimistic about Mengniu's future?" Qu Li looked curiously at Sun Jianhe's vision.

"I have not researched Mengniu, but such a large company will not be easily defeated by food safety issues..."

The advertising and channel promotion capabilities of Mengniu and Yili should be considered top-notch in the country. Dairy industry leader Modu Guangming and Sanyuan, which did not have quality problems during this dairy industry crisis, both lost to Mengniu Yili in market competition. It can be seen that quality is not the most important factor in consumers' shopping decisions.

"Then buy it. If the price is low enough, buy more." Qu Li

"The market value of Mengniu's suspended currency is about HK$300 billion, are we?"

"You can get as much as you want within 100 billion." Anyway, Mengniu finally became a large company with a market value of [-] billion, and there was no way to lose money on this speculation.

The Vision Fund has US$8 million in cash, and controls Xiangcai Securities for less than US$3 million, leaving 5 million US dollars, of which US$3.5 million is Japanese yen and euro assets, and US$1.5 million is reserved for Spreadtrum Communications, so the funds can only come from Qu Li. Think of ways to.

"Turns out you are thinking about me!"

"There is no time to attract investment. I can only find a way from you. Why don't you let Huatou send some more funds?"

"Dream!" Qu Li really doesn't want to be associated with Huatou. He will wait until Wu Hongning's position is stable in two years and there are not so many people paying attention to Huatou.

After depositing US$1 million into the account of the Vision Fund, Qu Li returned to Yangcheng and participated in a semi-public symposium held by senior officials of Guangdong Province. There were economists and business representatives. Qu Li was considered the youngest person outside the staff. of.

I thought it was an internal reference, but I didn't expect it to be a retreat to inject chicken blood, which was useful. Qu Li was quite disappointed, so he sat down and listened quietly.Qu Li has never liked socializing. After Jumei was established, he dealt with factories more. After Xu Lei came, the two went to many big companies, but to be honest, he really didn't remember so many partners.

Before the collapse of Lehman, most "economists" in the country believed that the U.S. subprime mortgage crisis had little impact on the country; after the collapse of Lehman, panic began again, and the atmosphere at this time was mainly pessimistic.

The quality and safety accidents in the milk industry have been widely publicized by the crooked media, which has controlled public opinion, so much so that authoritative domestic media have issued a call to "don't demonize Zhongguo". This situation has further damaged the confidence of foreign trade import and export enterprises in Guangdong Province. .

"Tianming, what do you think of Jumei?" Qu Li, who was taking a nap, suddenly heard someone calling his "zi". When he looked up, he saw that it was a provincial boss, and he actually knew his "zi".

"The financial crisis in the United States is a good thing for Jumei Company." Qu Li calmed down and told the truth directly.

"Why, everyone is having a hard time, but Jumei is the exception?"

"In the context of the financial crisis, a large number of Americans are unemployed. These unemployed people have to lower their living standards in order to survive. Online e-commerce has a price advantage. The largest e-commerce in the United States is Amazon. Wal-Mart is developing rapidly. eBay is hard to describe. Our Shopee is a sudden rise. , this year’s development is very fast...”

It is impossible for any great company to go against the trend of the times. For example, after the emergence of the Internet, the ratings of Central Television will only get worse, not higher.

Shopee's success in the United States was of course due to Facebook's unremitting promotion at the beginning. The popularity of coconut shoes set off a fashion craze. However, after some competition, soon after Jumei went public, Shopee firmly chose to be self-operated. Low cost route.

As the financial crisis intensifies, there are more and more voices discussing low-price and affordable shopping on Shopee on Facebook and Twitter. After cooperating with Li & Fung, the self-operated brand categories have been enriched at a rapid speed, which has also promoted sales growth.

"When do you think this financial crisis will end?" the boss asked again.

"Although I don't know the specific time, you can refer to the fate of two companies, one is AIG and the other is Citigroup. If both companies go bankrupt, the crisis will continue to spread, and the world may have a Great Depression like 1929. …”

After Qu Li finished speaking, there was a lot of discussion at the scene, but surprisingly no one refuted.

“How do you think Guangdong Province should respond?”

"Buy more when the United States issues 7000 billion U.S. dollars of treasury bonds. At the same time, we will help the United States curb inflation and let the troubled American people have a good Christmas..."

There is something in Qu Li's words. Those who don't understand think that he is an internationalist and warm-hearted. Those who understand know that he is actually optimistic about the recovery of the US economy, but this involves more non-market factors. The bottom line of his ship's strength and artillery power is low, and he will die. Pull a backrest.

China held US$2004 billion in US Treasury bonds in 2000, more than US$2007 billion in 4000, nearly US$5000 billion this summer, and more than US$9000 billion next summer. It has increased its holdings by US$4000 billion in one year. To say that the US has emerged from the subprime mortgage crisis Without the help of middlemen, isn't that just telling lies?

What Qu Li said had nothing to do with Guangdong Province, but the boss did not continue to embarrass Qu Li.

Such a symposium feels ineffective. Although I don’t know how much Jumei’s sales in fiscal year 2008 were, it probably won’t exceed 100 billion, and Shopee won’t exceed 10 billion US dollars. Well, it seems that it can solve part of the problem?

Sure enough, after the symposium, many companies in Guangdong Province took the initiative to contact Jumei to see if there was any possibility of cooperation.It’s a pity that our efforts are limited, but domestically, it’s okay. Shopee in the United States cannot sell infringing products, and foreign trade products can only be sold domestically.

In order to survive, many merchants are seeking changes. Of course, Jumei must also adapt to the times and learn from the Taobao University model to help merchants open stores on the Jumei Juhuasuan platform. If you are really unwilling to do it or do not have the conditions to do it, then get it first. Place goods, pay after they are sold, and even require some companies to arrange for people to work in Jumei logistics warehouses...

It's not that Qu Li wants to squeeze the merchants, Jumei has insufficient manpower. If he doesn't do this, many things will not go ahead. These merchants will either give up or provide free labor.

How can we say that we are exploiting something that we both agree on?

When time came to September 9, Mengniu resumed trading. The stock price fell 23%, opening at HK$65.75. A large number of selling orders emerged, and the situation was terrible. 6.85 million shares were traded that day for HK$5.19 billion. The Vision Fund spent HK$41.97 million to purchase 7.4 stock. 1 million shares, becoming the largest shareholder of Mengniu, accounting for about 7% of the total shares!