Chapter 639: The Storm and Rain

Pulling out the radish and connecting the mud, Tan Yunsong led the electronic technology laboratory jointly established by the National University of Singapore and Fujitsu Group for many years. He has a reputation and deep connections in Southeast Asia. He went to Jianye to lead the Oak Park Microelectronics Basic Laboratory. Naturally, he hoped that he could personally build the main framework of the entire laboratory research team in Singapore and Southeast Asia, and then find excellent technical talents from the country to fill this framework. In three to five years, he cultivated a large number of excellent R&D personnel, and creatively jointly implemented the dual-tutor system with universities such as Tokyo University and reserved a batch of reserve talents. Only then can the talent construction framework of the entire laboratory be initially improved.

At the same time, Zhang Ke hopes that the "100-person Action" plan to introduce outstanding overseas Chinese scientists and technical R&D personnel will also be helpful to wafer factory investment projects. After all, to introduce a large number of engineering and technical personnel from a technology company registered and established in Malaysia from TSMC, it is also necessary to completely relieve the worries of these engineering and technical personnel.

Tan Yunsong and his wife took the afternoon flight back to Singapore. Zhang Ke took them to the hotel in Central for a short rest. After dinner, they took them back to the airport to take a plane to leave Hong Kong. They were waiting for the arrival of Guo Songyan, chairman of the board of directors of Guo Yunyuan Group, and their group. Sun Shangyi also flew back to Hong Kong from Jianye in the afternoon. Sun Shangyi arrived at Kai Tak Airport one moment earlier than Guo Songyan and others.

Yuexiu Holdings has reached an agreement with the Huishan Municipal Government to invest 800 million yuan to acquire 51% of the equity. In addition to the equity held by Aida Electronics in Xiangxuehai, Yuexiu actually holds more than 75% of the shares in Xiangxuehai.

For this matter, Sun Shangyi talked about it for almost half a month around Huishan. Zhang Ke went to Huishan a few days ago and returned to Jianye to enjoy a leisurely and comfortable college life.

Sun Shangyi was full of energy, and his hair was a little white on his temples. Seeing Zhang Ke standing in the bright pick-up hall, he smiled and said, "I'm so anxious. When I passed Jianye, I could take time to have a lunch with Jingmeng, which made her complain. I don't know when the bar will be open. I'd have to rush back to support her, which is considered a sin..."

"That, it won't take three or two months. Who would think of such a distant thing?" Zhang Ke grinned and said to Sun Shangyi with a smile, "I'm busy picking up the plane today, and I have to take you back to preside over the work..."

"Just leave you to mess around in school?" Sun Shangyi asked with a smile.

Zhang Ke smiled and said, "I am not Mahathir, why do you need to be busy all day?"

In the past two days, the World Bank and the International Monetary Fund held a seminar in Hong Kong. Malaysian Prime Minister Mahathir arrived in Hong Kong by plane a while ago. Zhang Ke also learned that Soros would also give a speech at the first day of the seminar. Mahathir hated Soros to the core. Since the financial storm broke out in Southeast Asia, Mahathir, who focused on authority, publicly accused Soros of these greedy international currency investors many times. A few days ago, the Asia-Pacific Finance Ministers Joint Conference of the Joint Conference of Asia-Pacific Finance Ministers in Bangkok once again stated that Soros and other international currency investors are not popular with Malaysia.

However, Mahathir had a chance to speak harshly but had little effect. In two months, Malaysia's currency depreciated by more than 30%, and of course it was not the most miserable country in Southeast Asia.

The plane Guo Songyan was on then arrived at the airport. The last time he met was a month ago. At this time, Guo Songyan was a little tired and his lower eyelids were a little swollen. Sun Shangyi walked over eagerly and held his hand: "Mr. Guo hasn't had a good rest these days?"

The Guo family has a prominent position in the Chinese business district in Southeast Asia, and is not as good as the Ge family. The Ge family has fallen apart since Ge Jingcheng's death. Although Ge Mingxin seized the two major industries of Jiaxin Electronics and Jiaxin Real Estate, its influence could not be compared with the Ge family during the Ge Jingcheng period. Guo Group was also the second generation in Guo Songyan's hands, but Guo Songyan's father handled the continued family problems better before his death. Guo Group could still gather closely around Guo Songyan.

There is also a lot of pressure at the moment. When it is prosperous, no one will jump out to speak. At this time, the economic crisis is spreading, and some people in the family will inevitably complain and blame Guo Songyan for his poor management of the company, and attribute the overall environmental problems to Guo Songyan's personal head.

"How can I rest well?" Guo Songyan said with a wry smile, "I can't bear to see the market conditions these two days..." He shook hands with Zhang Ke again, and sighed, "I can't meet you several months in advance, I really regret it..."

Aida Electronics went public through a backdoor listing in May, and Sun Shangyi completely reduced his holdings in Chiaxin Real Estate in mid-to-early June. All of them were extremely accurate in hitting the volatile pace of the financial market. For example, Aida Electronics used the announcement of listed companies to warn of the Southeast Asian economic crisis for the first time in mid-July, which was amazing.

Guo Songyan also had some thoughts, only by being able to make some preparations more than a month in advance would he not be so embarrassed at this time.

Zhang Ke smiled faintly and said, "Malaysia's economy is better than India, Philippines and Thailand. It is implicated in people's turmoil and waves. It will be difficult for only one or two years. I believe that the wind will stop and rain will soon be dissipated. Otherwise, Kumho will not be anxious to cooperate with Mr. Guo, just to take advantage of this opportunity to take advantage of Mr. Guo, you..."

"Haha..." Guo Songyan's thought of Zhang Ke's young rogue was about to take advantage of the situation, and the depression in his heart suddenly became much more relaxed.

Malaysia's economic crisis is spreading further, and international finance and industrial capital are accelerating its withdrawal from Southeast Asia.

The main capital exporter for Southeast Asia is RB. RB's financial institutions have not long experienced the bursting and collapse of the economic bubble in the late 1980s. They are like a frightened bird to the bubble economic crisis. After the financial storm broke out in Thailand, the real tremendous destruction of the Southeast Asian economy was precisely the capital withdrawal led by RB financial institutions.

For example, Singapore Xincheng Group's withdrawal of capital from Jincheng Real Estate is just a small microcosm of being affected.

The Guo Yunyuan Group is also experiencing the pain of asset shrinkage during this period. At its peak, the total value of assets under the Guo family reached as high as US$4 billion. In just two or three months, it shrank by more than one-third. And depending on the situation, the situation will deteriorate.

Assets are sometimes just digital games, and the key is to allow companies to easily overcome their current difficulties.

Compared with the highest market value of 10 billion after the additional issuance and merger, the shrinkage of Ida Electronics is also quite serious, reaching only 60% to 70% at its peak. However, when Ida Electronics borrowed additional mergers and acquisitions, it had no use of the additional HK$600 million in funds. The stock price fluctuated greatly to investors, but it was not affected at all on the daily operations of Ida Electronics.

Guo Yunyuan Group is different. In the past few years, Malaysia's economic development has been very rapid. Guo borrowed a large amount of loans from foreign financial institutions to develop its own enterprises. When the economic crisis comes, the due debts have to be returned, but it is unable to continue to borrow loans from these financial institutions to maintain sufficient working capital.

Ensuring sufficient cash is the only way for many entrepreneurs to overcome the economic crisis. Guo Songyan also has the same attitude. He doesn’t know how long the economic crisis will last, and controlling cash flow is the most important thing to pay attention to.

Kumho proposed to invest in equity in pulping companies under Yunyuan Group and not gain a controlling position, which is undoubtedly very popular among Guo.

Guo’s ability to recover nearly 100 million US dollars from equity transactions is one aspect; on the other hand, cooperation with Kumho can also win a stable large customer like Xinguang Paper. After the second phase of the project is completed, Xinguang Paper can almost digest half of Yunyuan pulping production capacity, and there is no need to worry about the shrinking demand for paper after the economic crisis.

Of course, who can realize that the forest fire in Indonesia will last for more than a month before it will gradually be extinguished. The fire directly caused the supply of pulp in Asia, causing the price of pulp and paper to continue to rise.

The main purpose of inviting Guo Songyan to Hong Kong is not to invest in equity in Yunyuan Pulsation, but to further discuss wafer factory investment.

From the airport, picking up Guo Songyan and his party to check in at the Shangri-La Hotel in Hong Kong. The dusk was already dark. In the afternoon, the sky in Hong Kong was clear, and there was still a trace of bright red and rosy sunset in the sky.

When the car passed Central, there was a traffic jam in front of me. I didn't know what happened. I stood on the car's welcome pedal and looked forward. It seemed that the congestion in front of a department store building was causing countless Hong Kong citizens.

I stopped the passers-by who had watched the fun and walked back, and then I realized that there was a saying that the department store invested by RB people was about to collapse soon. There was a cake shop in this mall. Hong Kong people like to give cake coupons to others as gifts. When they heard that the store was about to go bankrupt, those who had cake coupons naturally had to come over and exchange the gift coupons for the cake before they could stop. Although I had thought that thousands of people were moved and almost squeezed the cake shop. The staff of the cake shop were scared and hid, and the police came to evacuate the crowd.

It took almost an hour to pass through the road, but after leaving the airport, I sent a car to pick up Tang Jing from Hong Kong University to arrive at the Shangri-La Hotel.

Southeast Asia is full of corpses, and Hong Kong is also in turmoil.
Chapter completed!