Xu Chengwei also invited Wang Yitong to his home to give her some course suggestions. When they reached the roadside, Xu Chengwei took the initiative to open the door of his Mercedes-Benz E 280 and invited Wang Yitong to sit in the passenger seat.
On the way, Xu Chengwei joked that he had bought his car in 2007, and Wang Yitong was the first person of the opposite sex to ride in his passenger seat. This was Wang Yitong's first visit to Xu Chengwei's home. His family had bought a house in Yanlord Riverside City, a dual-view lifestyle center, built along the water, with a more mature feel. It boasts a coherent and magnificent central green axis and a picturesque river on the north bank. Beyond, it embraces Century Park, the city's green lung, and within, the natural water system of Yangjing Harbor. Both sides of the 40-meter-wide scenic river are shaded with terraces for residents to relax and enjoy the scenery. A pedestrian bridge spans the north and south banks. Strolling along the scenic promenade, you'll find artistic sculptures, covered bridges, landscaped features, open-air exercise areas, and piers, allowing you to experience the fusion of riverside living and art.
After Wang Yitong arrived at Xu Chengwei's house, they went to his study. Xu Chengwei took out his class schedule and made a copy for Wang Yitong. The schedule also listed the class locations. He said, "I heard you have classes on Tuesday, Thursday, and Saturday, and half a day on Sunday. I guess you won't learn much. Most of you are just doing it for the degree. If you really want to learn something, since you don't have a job now, you can study in this major during the day and audit the class directly."
After hearing Xu Chengwei's words, Wang Yitong expressed her gratitude. "Teacher Xu, thank you."
"Hey, why are you calling me teacher again? Just call me Cheng Wei, we are friends. Besides, I am still happy to see someone willing to improve himself."
Wang Yitong looked at the bookshelves in the study and inadvertently saw the framed photo on the table. It was a photo of the two of them taken by a passerby when they were in Nanjing.
"I still have this photo. My face was really chubby at that time, and I had straight hair." Wang Yitong said with a smile.
"You were very cute back then, just like a little kid. Look, you've become too thin now. It would be better if you were a little fatter." Xu Chengwei said as he went to the kitchen to cut watermelon for Wang Yitong.
"Yitong, just sit down and eat your watermelon. You should learn to listen to the news in the future. It contains a lot of information. If you want to play the stock market, you need to understand all aspects of it.
The overall stock market in 2009 exhibited a downward trend followed by a rebound. At the beginning of the year, the market was sluggish due to the global financial crisis. However, with the subsequent government implementation of a series of stimulus policies, such as the 4 trillion yuan investment plan and interest rate and reserve requirement ratio cuts, the market gradually stabilized and rebounded. Driven by economic recovery and inflationary pressures, stimulus policies were gradually withdrawn and tightened again, which had a certain impact on the stock market. Furthermore, the market was also subject to volatility and uncertainty, such as declining performance of listed companies and the return of manipulated stocks.
"Overall, it's full of opportunities and challenges. You need to closely monitor market trends and seize investment opportunities, while also being mindful of risk mitigation," Xu Chengwei said.
Wang Yitong went to the window to look at the scenery outside. She sighed and felt the pressure.
Wang Yitong also told Xu Chengwei about his plan to buy a factory and create his own brand after the New Year, as well as his idea of opening his own brand of milk tea shop.
After listening to this, Xu Chengwei said while drinking tea: "The milk tea shop market has great development potential, but it also faces fierce competition. Consumers' demand for milk tea is showing diversified and personalized characteristics, and healthy and fashionable drinks are more popular. Opening a milk tea shop requires focusing on product quality, brand image and service, and constantly innovating to meet consumer needs. You need to pay attention to the following points:
1. Clear positioning: Determine the positioning and characteristics of the milk tea shop based on the target customer group and market demand.
2. Product innovation: Continuously launch new drinks and flavors to meet the diverse needs of consumers.
3. Brand building: focus on shaping the brand image and increase brand awareness through publicity and promotion.
4. Service optimization: Provide high-quality services and enhance consumer experience.
5. Reasonable location: Choose a prosperous location that is suitable for the target customer group to open a store.
6. Operation and management: Strengthen the operation and management of the store, control costs and improve efficiency.
If you've achieved all of the above, then this is a great option. The investment is small, the price is affordable, and most consumers can afford it, with quick returns. I've also looked at your Taobao store, and it has your own unique ideas and characteristics. Now that you have your own brand, you need to ensure quality. This is a great positioning for young consumers.
You've done really well. I didn't expect you to become such a successful business woman in just two years. I believe you'll continue to improve."
After hearing Xu Chengwei's words, Wang Yitong was delighted to receive recognition from such an outstanding person. She had been groping forward, always worried about not doing well. "Thank you for the compliment, but I'm still far behind you. I feel like I'm struggling in every aspect, which is why I wanted to come to the Shanghai Stock Exchange to broaden my horizons and learn more from you."
"Haha, you are being modest. In addition to your normal operations, the rest of your money can be invested in real estate, which is safe. Shops, houses, and office buildings can all be considered. Looking at the economy, the populations of Beijing, Shenzhen, and Shanghai will only grow in the future. House prices began to rise in 2006. Although policy interventions eased the trend in 2008, they began to rise again in 2009. This means that prices are destined to be even higher in the future. I bought a villa when the housing market fell in 2008. I like the European architectural style, which makes me feel like I am living abroad. However, I usually live alone, so I still live here. Later, I also invested in a two-story office building, which was delivered in 2009 and has now been rented out. In 2009, I also bought two houses in Haidian District on the recommendation of my classmates in Beijing, and also bought houses in Shenzhen and Hainan." Xu Chengwei continued.
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