Chapter 253 Yahoo's explosive performance
"President, ABC Company has suffered such a huge loss this time. I think it doesn't have the extra financial resources and energy to continue competing with our San Shang Department Store. Moreover, the money we earned in the stock market before can be used as funds for additional investment. It is equivalent to ABC Company paying the money for us..." At this point, even the serious Section Chief Jin couldn't help laughing at this moment.
When the others heard his analysis, they couldn't help but burst into laughter. No one would have thought that the aggressive foreign retail giant would fall so "foolishly" under their tricks and suffer heavy losses~!
…
Song Minyan was also very happy, but she was not carried away by the victory in front of her. She knew very well that her great success this time was inseparable from the full support of Zhang Fushan, Zhang Junfeng and a group of subordinates.
And they will need to continue their efforts, especially in the new market that has just been opened up in Longguo. They must not only stabilize it, but also increase investment and support. Relying on advanced management systems and perfect supply channels, they must seize as much market share in Longguo as possible.
Only in this way can the three department stores remain independent and maintain stable profit growth and good performance reports amid the increasingly fierce domestic competition.
Later, they will use the mainland of China as a springboard to enter Hong Kong and other Asian regions and countries, and completely build their Sanshang Department Store into a new type of retail giant to compete with their international counterparts! …
"In the future, when Samsang Department Store develops to that level, Zhang Junfeng Oppa will probably look at her differently, right? When the time comes, I will tell him about our childhood. I think Junfeng Oppa's expression will be quite interesting, right?" Thinking of this, Song Minyan was full of motivation again and looked forward to that day coming sooner.
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Inside the office of Vice President Matto Walls at Goldman Sachs Group headquarters.
Zhang Junfeng and Wu Xiuying were sitting on the sofa next to each other, talking to Mato Walsh about many things that had happened recently, especially the third round of Hong Kong stock market sniping war that just ended not long ago. Soros and Quantum Fund became the topics that the two could not avoid.
"…If I had not been blinded by the profits, I should have liquidated my positions and withdrawn early with the Quantum Fund. Soros, the old fox, has always been very cautious and would react quickly to any disturbance…"
When talking about Soros, Matto Walsh was full of emotion. He was quite regretful about his "stupid" behavior. Because of a momentary thought, not only did he lose tens of millions of dollars in profits, but he also suffered tens of millions of dollars in losses. It can be said that he "lost the rice while trying to steal the chicken"! "...By the way, the KB Bank from Korea that later cashed out in the futures market should be from your side, right? According to the news reported in Hong Kong, KB Bank made a lot of money in the process of going long!"
"Zhang... why did you go long on the Hang Seng Index later? Aren't you afraid that the timing of going long is wrong and you will lose all your money?!" Mato Walsh looked at Zhang Junfeng with a puzzled look. When he heard the news, he even wondered if he was dreaming! You know, the situation at that time was quite unstable. The short-selling institutions kept smashing the market. Even if the Hong Kong government personally stepped in to resist, no one dared to guarantee that the Hong Kong side would win. Zhang Junfeng's actions were no different from gambling. Once he lost, he would probably spit out all the money he had earned before!
Zhang Junfeng smiled calmly, and quickly prepared a statement in his mind. He smiled and said, "I just looked at it from another perspective and got some foresight, so I think the Hong Kong government will win in the end~!"
"As Xiangjiang was transferred to Longguo only last year, it is natural that it cannot afford to make mistakes! Just like the boss of a society, if he cannot even guarantee the safety and interests of his newly recruited younger brother, what will others think? Who will believe in such a boss? Will other societies think that this incompetent boss is weak and can be bullied?"
…
After hearing what Zhang Junfeng said, Mato Walsh felt relieved. If they were analyzing the pros and cons of this financial sniping war from a financial perspective, then Zhang Junfeng was starting from the perspective of human nature and human relationships, and directly got the "most correct" answer!
Just as Zhang Junfeng said just now, the reason why the Hong Kong government has such courage and energy to fight with so many short-selling institutions and completely withstand the pressure to achieve the final victory has a lot to do with the Dragon State behind it.
The combined foreign exchange reserves of Hong Kong and China exceed 220 billion US dollars, which is even 10 billion US dollars higher than the second-ranked Japan! Such foreign exchange reserves can indeed withstand the short-selling institutions that are not united.
If I had been clear-headed at the time and not blinded by the benefits, maybe I could have followed Zhang Junfeng and bought more shares of the Hang Seng Index. However, Mato Walsh quickly shook his head and rejected this unrealistic possibility.
After all, this is just a thought after the fact. If Zhang Junfeng had really proposed this at the time, neither he nor Leon John would have taken such a big risk to accompany Zhang Junfeng to "go crazy", right? ...
Unconsciously, the topic was brought back to Internet companies. The stock prices of several Internet companies that Zhang Junfeng had introduced to him were all rising quite well, which rekindled Mato Walsh's ambition to invest and make money after he suffered a big loss.
"Zhang, the Yahoo company you mentioned before is simply a 'miracle'! Its stock price has been rising continuously during this period. I even think that if I had invested all my funds in the stock of this company before, I would have successfully made up for the previous losses in less than half a year!"
Hearing what Mato Wals said, Zhang Junfeng flashed a playful smile on his face, but neither Wu Xiuying nor Mato Wals noticed it.
"As one of the earliest portal websites, Yahoo's products and concepts are quite superior. On the day of its listing in 1996, its stock price rose from US$13 to US$33, with a market value of nearly US$1 billion, which shows its potential."
There is no mistake in the poem, post, content, and read the book on 6, 9, and bar!
"As far as I know, Yahoo has become one of the most visited websites. The reason why it has achieved such great success is that it has collected 735,000 website URLs and provided free email, news and chat room services. Yahoo has attracted 25 million independent visitors!"
Only two updates today~ Unknowingly, it has reached 500,000 words. The subsequent outline is too general and needs to be improved and revised~ PS: I received a notice today that the leader of my unit asked me to participate in a 15-day closed-door militia training. Good guy, the protagonist did not take the turn to serve in the military, but I took the turn to participate in the training~ I am so annoyed TT From the 14th to the 28th, the update progress of the novel may drop from insisting on 6,000 daily updates to a minimum of 4,000 daily updates. Whether I can update 6,000 depends on the intensity of the training at that time and whether I have more time to write. When the training is over, the update should be normal.
I'd like to say this to everyone in advance. Please forgive me. Thank you for your support. (End of this chapter)