My Fintech Empire
Chapter 744 [Cut and harvest at the end of their run]
"Then we are completely withdrawing from the subcontinent market?" Qiu Guangcheng looked at Fang Hong and asked.
"With a potential market of more than one billion people, how can we just withdraw?" Fang Hong said calmly. Qiu Guangcheng was confused when he said this, and couldn't figure out what the big boss was going to sing.
So, is this to withdraw or not to withdraw?
Fang Hong said with a smile: "We don't invest in the industrial economy or the real economy, but we can play with the virtual economy. The Indian and Duan stock markets can be speculated. Now the so-called P2P Internet finance that is hot in China, You can also play in the subcontinent, and you can play without any scruples."
On Ah Sange's territory, it's time to play virtual economy, play P2P Internet finance to engage in small loans, encourage consumers in the subcontinent to consume ahead of schedule, and can increase leverage at will.
What if there is a thunderstorm? If you make money, of course you will run away with a bucket!
One of the great advantages of playing virtual economy is that it runs fast. There is no good way for Ah San to suffocate, unlike the asset-heavy structure of the industrial economy. Also recruited, when you want to move your home, can you just leave? Can a monk run to a temple?
At that time, the third brother will play tricks on you. You spent 1 billion on investment, and his third brother will force 10 million to buy your assets. What can you do with him?
But playing the virtual economy is different. First of all, it is asset-light, which means running fast.
What is imprecise is that if you want to evacuate in the stock market, one-click liquidation and cash out is counted in seconds.
Isn't that faster than your industrial capital?
The point is that playing virtual economy can not only make money, but also don't worry about raising the third brother to be strong. Instead, he is extracting nutrients, and the third brother will only become thinner and malnourished.
A neighbor with a population of more than a dozen, who likes to show some presence at your door from time to time all day long. Only when you are thin or malnourished, you don't have to worry about him making a huge mess for you.
No matter how noisy he is, you can easily settle it with a little shot.
If you are skinny, you can show your presence at the door of your house, and you can enjoy the "monkey show" performance with great interest, and you can even comment on it calmly.
But if a tall and strong man is full of food and drink, and still holds a stick in his hand, then you have to be careful not to get your ass stolen.
Fang Hong discussed with Qiu Guangcheng for about ten minutes, and made corresponding adjustments and finalized the strategy for the subcontinent market.
In a nutshell, the sub-continental market only plays a virtual economy. To put it bluntly, it is to lend small loans, and the stock market is over.
Don’t underestimate the small loan business, the profits are actually quite lucrative. Even though the amount is small, it is a market with a population of more than one billion people. One person borrowing one dollar is worth more than one billion, and borrowing a few hundred dollars is a few hundred billion amount.
For micro-loans, the APP must not be made bigger. If it is too big, it will not be easy to manage. Instead, it should be more. Dozens or even hundreds of lending apps. How about a few hundred...
After talking about the strategic adjustment of the sub-continental market, Qiu Guangcheng looked at Fang Hong and said, "I was thinking, why don't we do P2P Internet finance business in the mainland market?"
Qiu Guangcheng is indeed very envious of this business, because the profits are really huge. Qunxing Capital, as a first-class financial giant group in China, did not participate in Internet finance because Fang Hong refused.
Hearing this, Fang Hong said calmly: "The end of P2P is to run around with buckets. A series of thunderstorms is a matter of time. It is hypocritical to talk about making this kind of money. It is unconscionable and detrimental to morality. The leeks of the group are not good. What I want to harvest are the leeks of those who harvest the leeks of the disadvantaged groups, all of them are fat and strong, and it is efficient and worry-free to cut.”
As soon as these words came out, Qiu Guangcheng was surprised. After a little thought, he looked straight at Fang Hong and couldn't help but said, "You mean...?"
Fang Hong crossed his legs, glanced at Qiu Guangcheng, looked at him for a moment, and said with a smile: "Since the end of P2P is to run away, won't it be over if I kill at the end? Where are you going? It must be going abroad, anonymously, but with so many people running away and adding up to such a large volume, it is not easy to transfer money abroad."
Speaking of this, Fang Hong paused for a moment and added with a smile: "They will soon find that there is one place that can satisfy their demands for running away, and that is the channel of encrypted digital currency such as Bitcoin."
Hearing this, Qiu Guangcheng was taken aback for a moment, and then he couldn't help being stunned for a while. Could it be that the big boss's layout of encrypted digital currency also has this kind of intention? How far-sighted is this?
He didn't expect this move.
In fact, encrypted digital currencies such as Bitcoin will come out of the epic bull market in the next year or two, just after the P2P has become a feather.
People who make a lot of ill-gotten wealth are always uneasy, especially afraid of being settled after the fall, so they try their best to get the money out, but it is not easy to get out if the amount is too large. There are many such people, but there are not many channels.
With the rise of encrypted digital currency, the next few years happened to be in a regulatory vacuum, so these people seemed to have discovered the door to a new world.
It has become a new way to get money out with encrypted digital currencies such as Bitcoin that can be cashed at any time. These people have actually made a very large contribution to the skyrocketing price of encrypted digital currencies.
Fang Hong's deployment of encrypted digital currencies such as Bitcoin also has an important purpose of withholding the money of these people.
Cut them off directly at this stage.
In a sense, it can be regarded as protecting the wealth from leaking out, and the money is absolutely earned without any psychological burden. It can be harvested to death, even if it is harvested root-wise, there is no need to have any scruples.
As for those small retail investors who followed suit and speculated on digital currency, they were also cut off. It can only be said that it was purely accidental injury, purely accidental injury.
However, they all went to speculate in coins, which is also a gamble mentality. If you are unlucky and bored, you can’t blame anyone, because honest people are unlikely to play with digital currency.
Fang Hong stayed at Qunxing Capital for about half an hour, and left the company after finishing his orders.
Instructed by the big BOSS, Qiu Guangcheng also started to adjust the investment strategy for the subcontinent, not investing in entities or industries. Qunxing Capital only engages in finance and virtual economy in the subcontinent, and will not participate in anything related to entities. .
Not only Qunxing Capital cannot participate, but all its holding subsidiaries and companies with external expansion needs cannot invest in the subcontinent market.
...
The following day, Friday 11 April.
At around 8:00 in the morning, Quantitative Capital disclosed a big news to the outside world. The company will spend 50 billion yuan each, and further increase investment in the construction of data centers and computing power centers. The total investment will reach 100 billion yuan.
The main completion locations of the project are in Shuxia, Yunnan, Guizhou and other areas, because the cost of electricity in these places is lower, but the new city also needs to build data centers and computing power centers, but the proportion is much smaller. After all, electricity prices are very expensive, and large-scale data creation The center is still cost-effective in those places.
Quantitative capital needs to play artificial intelligence. The three major elements of algorithm, computing power, and data are the core things in AI, so there is a large demand for computing power resources and data resources.
Taking advantage of the lifting of restrictions on quantitative capital in North America during the current period, Chen Yu also resolutely seized this vacant window period and purchased the underlying hardware first. At present, it is necessary to build the relevant chips needed for the data center and computing power center. Foreign ones are indeed more advanced than domestic ones.
The development of artificial intelligence can only be fast but not slow, because one step ahead is often a comprehensive lead, so people should not be stuck in the area of computing resources and data resources, thereby hindering the development of artificial intelligence.
First make sure that there will be sufficient computing power and data resources in the next three years, and the resumption of sanctions in North America will not bring much real impact.
When it is not enough, the domestic semiconductor industry chain has almost broken through. At that time, even if North America is released again, it will not ask for it.
...
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