Chapter 402: The Crossroads of the World

After eating this lunch for more than two hours, when Yang Xing and Zhang Shengli got in the car and left far away, it can be seen from the confident smiles on their faces that they were worth the trip this time. Zhang Shengli was able to talk to his idol Buffett for a long time. Although neither side talked about specific business strategies, just Buffett's experienced experience and keen market observations made Zhang Shengli's eyes wide open.

Yang Xing's gains are of course greater. This time he spent hundreds of thousands of dollars to get the opportunity to be with the top boss of Wall Street, so he naturally had to get enough rewards. In addition to conquering Baker's fortress, he agreed to lobby the Foreign Investment Committee, and also achieved unexpected returns at the dinner table, which far exceeded his expectations.

This kind of lunch meeting is common on Wall Street. It is specially held by many investment banks and bankers when discussing major issues. During this period, they are fighting each other, exchanging information, and forming alliances, and they will soon announce some news that has caused huge fluctuations in the market. Many people are unable to join this kind of lunch meeting. Yang Xing and Zhang Shengli are able to attend thanks to the relationship between Goldman Sachs Chairman Paulson. Of course, Yang Xing does not want to miss this opportunity to strengthen his relationship with Wall Street bosses. Although he can't be on an equal footing with them, being able to talk to them can be considered as formally integrating into the upper-class American circle.

The reason why Goldman Sachs value Yang Xing so much is that in addition to Yang Xing's promise to hand over the financial service contracts for several major projects blocked by the Foreign Investment Commission to Goldman Sachs, it was also attracted by another financial consulting contract that tried to enter the US market by Xingfu Investment. After a series of large-scale acquisitions during the Asian financial crisis, Xingfu Investment, Shanyi Securities, Shenzhen Development Bank, Shenzhen Ping An Insurance, Hong Kong Zheng Shirong Bank, Indonesia Central Asia Bank, etc., the well-known large financial institutions in the region have become the prey on its acquisition list. Now Xingfu Investment is booming in Asia, and of course it wants to open up developed financial markets such as Europe and the United States.

This time, Yang Xing shifted his business focus to North America. Xingfu Investment also wanted to take advantage of the gods-given opportunity that the Financial Services Modernization Act will be implemented at the end of the year. Yang Xing appointed Goldman Sachs as its potential partner. For Goldman Sachs, this is also a big opportunity. The Financial Services Modernization Act has already made the American financial industry turbulent, and Goldman Sachs' traditional investment banking business will be challenged by many new opponents. If it can get a partner of Xingfu Investment Group from far away Asia and has extremely strong capital and support from the Chinese market with broad prospects, Goldman Sachs will naturally add a lot of confidence. Moreover, the cooperation with China Star Group has enabled Goldman Sachs to obtain commission contracts of up to one billion US dollars, and the profits of cooperation with Xingfu Investment will only be higher in the future. It is no wonder that Goldman Sachs Chairman Paulson personally helped Yang Xing and others to obtain the qualification to attend Buffett's luncheon and matched up with Baker and others.

With Baker guaranteed operations and released several major investment cases in the United States, and Goldman Sachs assisted by him, Yang Xing finally felt relieved of his American company's development plan. Moreover, the lunch time was precious. After getting Baker, he also seized the time to establish relationships with other guests at the lunch meeting. Many of the people attending the lunch meeting were senior representatives of Wall Street's major investment banks. In addition to Buffett, representatives such as Merrill Lynch, Bear Stearns, Morgan and Bank of America, Citibank and American International Group Insurance Company also attended the lunch meeting. These were all big fish that were in a turbulent manner in the international financial market. Yang Xing saw that they were really shining because Zhongxing Group's business expanded sharply, and relying on the group's own financing capabilities alone was already stretched. As Wall Street, as the world's financial center, the companies behind these representatives are all new targets for Yang Xing's financing!

These financiers are also very interested in the emergence of Yang Xing and others. After all, a company has only been established for 5 years and its boss is less than 25 years old. It has developed to assets of over 10 billion US dollars, which can be among the top 500 in the world. The investment budgets of Hong Kong Kwun Tong Real Estate Project and the 10-year cooperation plan with Japan have exceeded 10 billion US dollars. No matter who achieves such a result, it is not a "genius". They are also very optimistic about the future prospects of Yang Xing and Zhang Shengli. During the conversations, they expressed their willingness to regard them as top VIP customers and strengthen mutual cooperation.

Sitting in the car, Yang Xing and Zhang Shengli were joking. Those people at the dinner table just now were the people who controlled the lifeline of the US economy. Wall Street in New York concentrated the world's most powerful financial institutions and the smartest minds. The transaction amount of transactions per day exceeded one trillion US dollars. If a terrorist attacked a suicide bomb just now, it would be guaranteed to cause the US stock market to plummet and the world would be in chaos. Zhang Shengli didn't believe it at all and laughed it off. He never expected that Yang Xing's prediction would really happen in two years.

While chatting and laughing, the car drove to Times Square in New York, known as the "crossroads of the world", and Yang Xing asked the driver to stop and get off the car and go shopping together. Times Square in New York is very famous, but its actual area is very small, far from being as good as China ** Plaza and Moscow Red Square. However, there are tall buildings all around, and there are many dazzling large billboards shining everywhere. In addition, there is a dynamic business atmosphere filled the surroundings.

Yang Xing pointed at those colorful billboards, "It is known as the heart of the world's financial center. It is regarded as an honor to be able to put billboards here. You see, these advertising companies are all Fortune 500 companies, and from this, you can also see the changes in the world economy. Before the 1980s, this place was almost occupied by local American brands, and at best it was embellished with several European brands. Since the 1980s, Japanese companies have risen strongly, and at that time it has almost become the world of Japanese brands. After the 1990s, Japan has sunk and Americans have made a comeback, but Asian emerging forces have also emerged. Look, the billboards of South Korea's Samsung and LG are quite large, and I think it won't take long for our company's advertisements to appear here."

Zhang Shengli was excited when he heard Yang Xing's bold words and ambitions. He knew that this was not Yang Xing's magnanimity. He knew that Yang Xing was lingering in the United States for many days this time, and was adjusting the operating focus of the entire group. Zhongxing Group's sales performance in the US market was much beyond expectations, which made Yang Xing pay more attention to the US market. In order to continue this good momentum, Yang Xing made careful arrangements. After hundreds of years of capitalist operations, the domestic market is very mature, with high competition, and the laws, regulations and commercial service measures are very inequality, which is incomparable to the domestic market economy. At this time, the US economy is in a golden period of continuous rapid growth for more than ten years. As long as Zhongxing has creative and novel products and improves supporting service measures, it is not too difficult to succeed.

Yang Xing wants to open up the US market and increase corporate popularity. It is the only way to invest a lot of advertising. Setting up advertising in Times Square in New York is not an unexpected move. Zhang Shengli admires Yang Xing's ambition to challenge the ambition of Japanese and American companies. But out of the principle of prudence, he raised questions about Yang Xing's confidence: "You asked me to bet on Taiwan's 9.21 earthquake this time is really amazing, but Buffett just now, he said that economic growth has never been straight up straight lines, they are all wavy curves. The market is too hot now, it is the peak of the waves. He will not rush to take action before the bottom of the valley comes. You also say that the Nasdaq is back, and the US economy will soon have a big setback, but now you are full of confidence to increase your investment in the United States. Give me a bottom, what should I do?"

Yang Xing smiled and said, "Have you made great progress? After listening to Buffett's words, I've already learned to analyze it myself. I'll open the skylight and say it's bright. You made a lot of money this time. But I tell you, since last year, I've accelerated the launch of the wafer production line. This year, I bought five more production lines in Europe, and spent a lot of money to introduce production equipment from Europe and Japan. I also signed a contract with Toshiba Japan to authorize the production of Dram chips. Now, after an earthquake, my investments will not only double the profit, but also the wafer factory can start production at full capacity. The contracts are scheduled to the end of next year. How much money can I earn than you do in the memory chip?"

Zhang Shengli was stunned when he heard this, and asked in disbelief after counting his fingers: "That's the fault that you didn't take action with me. How could you look down on this small amount of money? But can you really predict an earthquake? Do you have superpowers?" Yang Xing patted him angrily and funnyly, "Nonsense, you have played since you were a child, and I don't have superpowers, you don't know!" Zhang Shengli sighed bitterly, "To be honest, from the summer of 1994, I felt like you have completely changed. From then on, I doubted whether you were a ghost. Now it seems that you have gained superpowers." Yang Xing was secretly shocked. He was indeed a best friend, but he still found that he was a little different from before.

"This is not about superpowers. I was able to get the land in Kwun Tong because I had promised the Hong Kong SAR government that it would build it into a high-tech zone, and semiconductor production is the main industry of the high-tech zone. Our biggest opponent in Asia is Taiwanese, and there will definitely be a battle with Taiwanese manufacturers. I have been preparing for a long time. I want to fight the opponent and cannot turn over once I try it. The Taiwan earthquake is just an opportunity. I have made Taiwan's semiconductor production capacity delayed recovery, but we have enough production capacity. Is it not obvious how to choose the international downstream semiconductor industry? Destiny only favors those who are prepared!"

Yang Xing's explanation made Zhang Shengli wake up from a dream. It turned out that Yang Xing had already taken away all the benefits of the Taiwan 9.21 earthquake, leaving him with only the leftovers. He lowered his head and thought about what Yang Xing said, and raised his head, his eyes flashed with ambition, "I understand that Buffett likes value investment. He wants to do a long-term business and likes to hold industries that have a basic monopoly for a long time. It is not moved by the stock market's temporary rise and fall. It is a long-term investment model. But we are still young, and the market changes rapidly every day. My private investment can be handed over to Buffett for peace, but my company strategy and you cannot be so conservative."
Chapter completed!