Legend of Xiangjiang Tycoon

Chapter 4: Financial Times Company (2)

Li Zhiwen did not say anything, but motioned to Zidanefar to continue the introduction.

Zidanefar saw Li Zhiwen's actions, but did not pay attention, and continued to introduce the "Financial Times" situation.

After Zidanefar finished speaking, he took a sip of coffee and sat on the sofa quietly waiting for Li Zhiwen's order.

"Zinedine Zidane, you have done a good job. The company will continue to be the same. You will be the president of the Financial Times Company. You can continue to manage the Financial Times Company according to your ideas," said Li Zhiwen.

Hearing Li Zhiwen’s words, Zidanefar breathed a sigh of relief, with a happy smile on his face, and said: "Thank you for your trust, boss."

"Next, let’s talk about the business. As you know, the telegraph company was acquired by Mars Capital at the beginning of the year, and the Daily Telegraph reported a surge in sales of 200,000 copies during the report on the Falkland Islands. As a colleague, you should have some understanding." Li Zhiwen said.

"Yes, boss, but this kind of report is not suitable for the "Financial Times". As you know, the "Financial Times" is aimed at financial elites." Zidanefar said.

Zidanefar heard Li Zhiwen talk about the Falkland Islands and thought he wanted the Financial Times to also report on the Falkland Islands incident.

Li Zhiwen shook his head and said: "Zidane, I tell you this is not to let you follow the "Daily Telegraph" to report the Falklands incident, but to tell you that Falklands matters, I let Kui Kwolf is concerned."

As a colleague, Zidane Fal knew that Quickwolf was the president of the Telegraph Company, but he did not expect that the Falklands incident was actually the concern of Li Zhiwen. He could not help but increase his sensitivity to Li Zhiwen’s news a lot. The boss is not pure. Layman.

Li Zhiwen went on to say: "Zinedine Zidane, you and I know that to make a newspaper requires not only breaking news, but also long-term columns. How do you think the Financial Times, the largest financial newspaper in the UK, can continue to improve? How about the authority and influence of newspapers in the financial industry to consolidate the fundamentals of the Financial Times?"

Li Zhiwen’s question hit the nail on the head and pointed out the core of the Financial Times. Zidane admired Li Zhiwen’s sense of smell, but he had to seriously examine Li Zhiwen’s question.

"Boss, I think the "Financial Times" should continue to improve the quality of its articles, and cooperate with economics professors from various universities and elite practitioners in the financial industry to improve the quality of articles in the "Financial Times" and analyze them. This way, loyal readers will More and more." Zidanefar said.

Zidanefar stared at Li Zhiwen after speaking, wanting to see Li Zhiwen's expression.

I saw Li Zhiwen nodded first, and then shook his head. Zidanefar didn't understand what this meant.

At this time, Li Zhiwen said: "Zinedine Zidane, your method is very good, and under your leadership, the "Financial Times" is getting better and better, and it has become the number one in finance and economics."

"But, in this way, do you think the "Financial Times" will become a necessity for financial practitioners? If you come to another newspaper with rich financial resources, and still adopt your method, can you stop them from eroding the market?"

After all, Li Zhiwen looked at Zidanefar with interest, waiting for his answer.

At this time, Zidanefal's brows furrowed and his face became more and more ugly, and then he took a deep breath and said, "Boss, my method cannot become a necessity, nor can it stop others from eroding our inherent market."

Zidanefal’s attitude made Li Zhiwen a sigh of relief. He was really afraid that Zidanefal was a bad temper, so Li Zhiwen would have to consider changing to a new president, but that would cause turmoil to the Financial Times. .

Li Zhiwen said: "So we must create an irreplaceable product for the Financial Times, and make this product a necessity for financial professionals."

"Also ask the boss to teach me." Zidanefar said in a low profile.

"Zidane, you, you, holding the treasure in your hand but don't know it." Li Zhiwen said.

Zidane Fal is a little puzzled by Li Zhiwen's words. Is there anything he has overlooked?

Just listen to Li Zhiwen continuing to say: "Zidane, isn't the Financial Times stock price index a good product? As long as we make this product a necessity for financial professionals?"

"Financial Times stock price index?" Zidanefar shouted, but frowned.

Zidanefar is not an idiot. He knows what it means to build a financial index. If the Financial Times stock price index can really become a must for practitioners in the financial industry, then he does not think that the Financial Times has become a must. , Any financial newspaper will never want to surpass the "Financial Times."

But this also has a big loophole. First, the Financial Times stock index accounts for 30% of the market value of the British stock market, which is totally incapable of representing the British stock market.

Secondly, the stock market index cannot be created easily. This requires a lot of financial support, a lot of investigation and analysis, huge data, and the difficulty of investigation, which requires a lot of manpower support.

At this time, the world's well-known stock market indexes include the Dow Jones Index, the New York Stock Exchange Index, the Standard & Poor's Index and the Nikkei 225 Index.

Although the Hang Seng Index mentioned by Li Zhiwen is very famous in Hong Kong, it is not well-known in the world. Without him, Hong Kong is too small.

At this time, for various reasons, Europe did not have a world-renowned index that could represent its own stock market.

As long as Zidanefar develops the Financial Times stock index, then the reputation can really be heard throughout the world.

Zidanefar said: "Boss, there are currently two difficulties. First, the Financial Times stock index now mainly calculates industrial stocks, which occupy only 30% of the stock market value and need to be revised."

"Secondly, to build a world-famous stock market index, the human, material and financial resources required are extremely large."

Speaking of this, Zidanefal raised his eyes and looked at Li Zhiwen~www.readwn.com~ Li Zhiwen understood what Zidanefal meant, so he said: "In terms of funding, I fully support it."

Hearing Li Zhiwen’s words, Zidanefal went on to say: “However, we also have data that can be referred to. All FTA stock price indexes are composed of more than 700 constituent stocks, and their market value accounts for 90% of the total market value of the stock market, which is weighted by market value. The algorithmic average index of FTA is currently very marketable in the stock market, but the update of the FTA stock price index is very slow, and it is updated monthly."

"That will save us a lot of work. We will first select the 100 largest listed companies in the UK as constituent stocks from all the FTA stock price indices, but our update time must be updated daily, and then it will be more precise and shorter. , This index can be called Fuji 100, when the time is right, we can withdraw from the index with higher market value." Li Zhiwen said.

"Okay, boss!" Zidanefar said.

"Zinedine, you set up a subsidiary called Fuji Index Company. When you set up the Stock Index Research Institute, you send personnel to collect first-hand information. In short, the time must be fast and the data must be accurate. As long as these two points are achieved, we have built Fuji There is no problem with 100 becoming a world-class stock market index." Li Zhiwen said.

"Okay, boss!" Zidanefar said.

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