Chapter 440 Surrounding Wei to save Zhao
Chapter 440: Surround Wei and save Zhao
But today, Fang Kai, the most loyal follower of Yang Xing, also raised objections to the bomb thrown by Yang Xing. "Mr. Yang, do you think about this matter carefully? I have always believed in your judgment, but you know yourself and your enemy and win every battle. You must have a clear judgment on the strength of your opponent. Many of you here are not from financial backgrounds, so I will give you a small example for your analysis."
"When we were fighting in Zhengzhou futures market in 1996, you mentioned two negative examples at that time to warn us about the risks of the futures market. Don't be too greedy, otherwise excessive ambitions will only lead to destruction. What impressed me the most was the fact that Hamazaka Thai Men made Sumitomo Trading Company lose 4 billion US dollars."
As soon as he finished speaking, his colleagues around him whispered. Obviously, even if he was not a financial person, he heard about the name of Binzhong Thai Man. In 95 and 96, two shocking cases of failure in futures speculation broke out in the world in two consecutive years, which made everyone remember the unpredictable risks of the financial derivative market. Among them, Jack Leson of the UK alone speculated on the century-old Bahrain Bank, but the loss of 600 million pounds was only a small matter compared to the 4 billion US dollars lost by Binzhong Thai Man in copper futures speculation.
Sumitomo Trading Company where Hamazaka Taino is a former consortium. The trading company made its fortune by mining copper mines and enjoyed a reputation in the world's copper mining field. After World War II, the world's commodities gradually developed towards futures, and Sumitomo Trading Company quickly became a major player in the international copper futures market. In 1996, Hamazaka Taino became the Minister of Sumitomo's Nonferrous Metals Trading Department. At this time, he represented Sumitomo Trading Company with a very famous nickname "Mr. Five Percent", which means that Sumitomo controlled as much as 5% of the global copper trading volume. However, this figure, who was a big shot in the copper futures trading market, failed in a battle with international speculators such as Soros and Robertson, which caused Sumitomo Trading Company to lose 4 billion US dollars in one go.
But Fang Kai is not giving you futures risk classes today, but looking at this issue from another perspective. "At that time, Sumitomo lost $4 billion, because of the lessons learned from the Bahrain Bank, foreigners were not optimistic about the prospects of Sumitomo Trading Company. There are many people who predict that Sumitomo Trading Company would collapse if it could not withstand it. What's the result? The chairman of Sumitomo Trading Company came out to promise that all losses would be borne by the merchants and would not let investors take risks. In fact, things were stopped, and the situation was calm, and Sumitomo Trading Company is still alive now."
"What I want to say is that the consortiums of *** have experienced ups and downs. Although the economy of the *** is sluggish in the past decade, the lean camels are bigger than horses. We can't see the strength of these old consortiums hidden underwater. After acquiring Yamaichi Securities, we obtained a lot of first-hand insider information about the *** consortium and analyzed the Tai Hamazaka incident in detail. I can tell you that Sumitomo lost to international speculators such as Soros' Quantum Fund and Robertson's Tiger Fund. These two are old acquaintances of everyone. Think about it, Sumitomo lost $4 billion at once, which can be said to be the weakest time. In this case, why did they let Sumitomo go this piece of fat meat without rushing up? There is only one answer. They know that even if they lost $4 billion, Sumitomo Trading Company is still not something they can afford."
Everyone finally understood Fang Kai's explanation. The taboo in commercial acquisitions is to misjudgment the strength of the opponent. Sumitomo Trading Company is not a member of the five major consortiums. It can only be considered a medium-sized consortium, but it can all lose 4 billion US dollars at a time. Now, Zhongxing will challenge the core companies of the larger Furong Consortium. It is difficult to guarantee that the hidden strength of Furong Consortium will not be drawn out. At that time, it will be difficult to predict who will win if you fight. Zhongxing has indeed developed on the Rockets in recent years, but the wealth accumulated quickly is probably early compared to the century-old stores of the *** Consortium!
With Fang Kai's head, there was a lot of discussion in the conference room. Overall, most senior executives were not optimistic about Yang Xing's proposal. If it weren't for Yang Xing's accurate grasp of future trends and his repeated victory in recent years, some subordinates would probably doubt whether the boss who made such suggestions had a bad mind for a while.
Hearing the high voices of opposition in the conference room, Yang Xing's performance was quite abnormal. In the past, in order to convince his subordinates, he always had a reasonable analysis of the content and risks of his plan and patiently guided everyone to unify their ideas. But today he just gave this shocking suggestion, but there was no support for the following. Regarding Fang Kai and the others' questions, he thought for a while and said lightly, "He will think about it again." Without being furious, he quickly announced the recess, which made his subordinates who had always been strongly advancing his plan. He was really confused by the boss's sudden idea?
But after the meeting, Yang Xing secretly notified Fang Kai, Qingqi, Deng Williams and other backbones of Xingfu Investment, to stay. As soon as he sat down, Williams Deng asked Yang Xing: "Boss is trying to act in a big drama to distract Yasuda Ichinosuke's attention? Then the news that his foundation is unstable. No matter what he thinks, there is only one way to go back to **. Only our family can be left to acquire Daewoo. This is called surrounding Wei and saving Zhao."
William Deng and Xu Weili, as the former boss of Baifuqin, were defeated by Yang Xing during the Asian financial storm. Now Baifuqin is acquired by Xingfu Investment. William Deng is mainly responsible for international bulk futures trading within the company, while Xu Weili supervises the company's investment in foreign securities markets. They have long experienced the scheming of this young boss and knows that Yang Xing will never be aimless, so they did not say a word at the meeting, which made Fang Kai think that they had agreed to their intentions. Now, when they heard it, they realized that Jiang is really old. It turned out that they suspected that Yang Xing had released the news of the acquisition of Fuji Bank as a smoke bomb.
"I was very pleased after hearing your concerns just now. I have always advocated that the company cannot be completely transformed into my one-man show, which is very dangerous. Now it seems that most employees can be independent and dare to question it. This is the reason why I spent a lot of money to invite you to do things, rather than raising a group of vocal insects who obey me." Yang Xing first praised Fang Kai's courage to reject Yang Xing's proposal.
"How can I not understand the strength of the five major consortiums? *** has been implemented by capitalism several decades earlier than China. After more than a hundred years of cruel competition, the old guys who survived are not in terms of capital, technology or talent background. The current situation is due to the interference of the people. Our efforts in South Korea are likely to be wasted. It is not a long-term solution for Yasuda Ichinosuke to go against me repeatedly. So I will take the opportunity to remove the firewood from the bottom of the pot and hurt him once, so that he will not stretch his claws casually in the future." Yang Xing knocked heavily on the conference table, obviously a little dissatisfied with Yasuda Ichinosuke's repeated entanglements.
"I don't ask everyone to believe what I said today, but as long as it is passed to ***, it is enough for someone in Furong Consortium and Yasuda's family to believe it. Yasuda Ichinosuke is very arrogant. His loss to me twice does not mean that I can't see that I'm bluffing, but the Furong Consortium and Yasuda's family are not a monolithic part. Yasuda Ichinosuke cannot be the only one. As long as someone who is interested uses the news I have released to challenge his authority, my plan will have hope." Yang Xing smiled.
Then they understood why Yang Xing deliberately summoned the company's senior management for a meeting and left them to discuss. It sounded simple to act for outsiders, but it was not easy to operate. The business spies of *** are world-famous, and the Furong Consortium has a company like Marubeni Trading Company, which is known as the "second intelligence agency" and will definitely identify the authenticity of the acquisition of Fuji Bank. If you want to cheat Yasuda Ichinosuke from South Korea, you must do it step by step.
There is a reason behind Yang Xing's words just now that he is not easy to say. Although he believes in the loyalty of most employees of Zhongxing Group, Lin Zi is so big that he has all kinds of birds. Before, Ichinosuke Yasuda accurately grasped his business weaknesses several times, and it is difficult for people to believe that no one in the group informed him. Not many people can get in touch with this information. He chose to release this news at the executive meeting, just to see the loopholes within his group through Ichinosuke Yasuke's reaction to kill two birds with one stone.
Yang Xing said: "I admire a couplet from Dream of Red Mansions, 'When it is true, it is true and false; if there is nothing, there is nothing.' If you want to deceive others, you must first deceive yourself. My next words are top secret. You cannot tell anyone, including your relatives and friends. You must act well. Since you want others to believe that we really have to start with Fuji Bank, then we will prepare everything according to the formal acquisition procedures. Don't worry, I have been talking about several big businesses recently and need to prepare a lot of funds, which is just for cover for Daewoo's acquisition."
Next, Yang Xing revealed to them some of his agreement with Virgin Group Branson and his preparations for the acquisition of Hong Kong Telecom. The few people felt cold when they heard this. They had known before that the boss had been pressing heavy bets on the Nasdaq futures. Now the projects they are all in large-scale dollars. Isn’t the boss playing acrobatics? At the same time, playing a few Frisbee in the air, and if you are not careful, you will not be able to catch a single plate.
But now the situation is becoming a big shot. The boss is full of confidence in promoting these projects at the same time. They can only express their opinions according to his ideas. "Since the boss and Virgin Group have reached a cooperation agreement, and Wall Street bosses and General Electric also support us, I think we might as well make a temporary freeze negotiation with South Korea. Let the outside world not be able to guess whether Daewoo or Fuji Bank is our goal. If we want to convince others, we must have strength. I think the ten companies we have been preparing for are upgraded to group companies and promote the accelerated listing of high-quality assets overseas. If the Nasdaq contract can be achieved again, with the strong capital we have, no matter where we point our goal, we will feel heavy pressure on the *** side." Fang Kai suggested.
Chapter completed!