rebirth from small pockets

Chapter 598 Wu Family and Zheng Family

Author: The sea under the clouds

Chapter 598 Wu Family and Zheng Family

The full name of Ms. Wu that Chen Li knew was Wu Minyi, and her husband's family was a descendant of a family named Zheng in Hong Kong City.

However, the "Zheng" in her husband's family has nothing to do with the famous Zheng family in Hong Kong.

In fact, whether it is Wu Minyi's family or her husband's family, talking about the family is somewhat flattering to them.

These two families can only be regarded as ordinary wealthy business families in Hong Kong City, barely qualified to be included in the class of small wealthy people.

But in Hong Kong City, just having money is not enough. Otherwise, richest man Li would have been called the number one person in Hong Kong City many years ago.

But in fact, even in 2000, the richest man Li did not dare to say that he was the number one person in Hong Kong City. It was not that he did not have that much money, but something else!

Therefore, neither the Wu family nor her husband's Zheng family has a very high status in Hong Kong City.

Of course, this kind of thing depends on comparison. Compared with people like Li, the richest man, Liu, they are nothing, but if they are compared with ordinary people, it is another matter.

No matter how bad it is, their wealth is clearly there, especially in the mainland at this moment, no one can be called a big boss from Hong Kong City.

However, with the changes in the economic times, even the big bosses sometimes stumble, let alone these small rich people.

For example, Ms. Wu's family and her husband's Zheng family suffered heavy losses during the Asian financial crisis a few years ago.

Speaking of which, I have to mention that people in this port city are really almost all stock traders.

Although this statement is not very rigorous, it is a fact.

But this also means that once there is a huge fluctuation in the stock market, the hearts of all people in Hong Kong will follow the curve of the stock market.

And this Ms. Wu Minyi Wu is considered a shrewd person. After experiencing the previous Asian financial crisis, Ms. Wu set her sights on the capital market on the other side of the ocean.

In just two or three years, thanks to the continuous rise of Internet technology stocks, Ms. Wu not only revived the already damaged family, but even brought a lot of floating profits to the family.

Especially this year, Nasdaq even exceeded 5,500 points, and the funds invested by the Wu family and the Zheng family in the American capital market can be said to have doubled several times.

It's a pity that a thunderbolt suddenly exploded from the clear sky, and the two companies that had not had time to escape from the capital market were directly trapped.

Yes~ In fact, the skyrocketing rise of the Nasdaq has long made many people feel the danger, but even if most people perceive the risk, they will not feel that the risk will fall on them.

The Wu family and the Zheng family are typical among models. With Ms. Wu’s shrewdness, she has clearly discovered the potential dangers of the bubble crisis, but when she informed other people in the family about this risk, the response she received was

"The situation is so good now, how could it possibly fall?"

"What if it doesn't fall?"

"If it's going to fall, don't fall now!"

"Even if it falls, it doesn't necessarily mean that the stocks we bought have fallen!"

".!"

Obviously, under Ms. Wu’s constant reminders, everyone is not unaware of the risks involved.

It's just that compared to the risks, everyone is not willing to give up the benefits that are almost at their fingertips.

After all, before the Internet bubble crisis completely broke out, their wealth was increasing almost every day!

Then Ms. Wu was convinced!

Yes~ Ms. Wu today is indeed very savvy in business. It is precisely for this reason that she even gained the trust of her husband's family and entrusted her with most of the Zheng family's business.

But no matter how smart a person is, it is impossible not to make mistakes. This time, Ms. Wu made this mistake.

Under the constant advice from her family, Ms. Wu also felt that although there were certain risks in continuing, she also felt that even if the risk came, she would not necessarily be the one injured.

After all, the facts of the past few years have proven that Ms. Wu's luck has always been very good.

It is precisely because of past success that Ms. Wu is full of confidence. This time, she also feels that she can survive the crisis that may not come.

However, it turned out that Ms. Wu was too confident. As soon as the Internet bubble crisis broke out, it quickly detonated the entire Nasdaq and US stocks with thunderous momentum, and even spread to the whole world.

The Wu family and the Zheng family, who wanted to escape at this time, not only failed to retain their original interests, but even lost all the profits they had earned in the past two or three years.

At this point, the Wu family and the Zheng family have returned to the way they were after the last Asian financial crisis, and they can be said to regret it.

But the only good thing is that neither the Wu family nor the Zheng family attributed this failure to Ms. Wu alone.

After all, Ms. Wu also made suggestions at the beginning, but no one listened.

This is not like what is shown in those movies and TV dramas. At this time, everyone will often blame Ms. Wu alone.

However, this is not to say that these two families are really so reasonable, but because they are very aware of the reality.

At this moment, no matter it is the Wu family or the Zheng family, there is only one person who has the chance to turn the tide, and that is.

Wu Minyi~Ms. Wu!

If Ms. Wu can still turn the tide and save the two small families this time, then everyone will naturally be happy.

But if it fails! Some things will be hard to say.

It is precisely for this reason that Ms. Wu first sent her relatively trusted brother-in-law to the mainland to look for development opportunities.

I have to say that Ms. Wu's vision is really very accurate. After all, with the strength of the Wu family and the Zheng family, the chance of finding an opportunity to turn around in Hong Kong City is extremely small.

In fact, the last time Chen Li met Ms. Wu at Big Brother Liu's auction, it was because she wanted to try her luck there that day, but this time her luck was not very good. Although it was not a hit, it was a chance.

But he didn't take her side.

At this time, Ms. Wu also realized a problem. At this moment, in Hong Kong City, it seems that there is no chance for the two companies to make a comeback again.

Only the mainland, which is currently undergoing vigorous development, is the future of the Wu family and the Zheng family.

It was also for this reason that on the second day of the auction, Ms. Wu took a flight to Yanjing, and happened to meet Chen Li on the flight who was also returning to Yanjing.

This time when she went to Yanjing, in addition to inspecting the industries that her brother-in-law of the Zheng family had inspected before, Ms. Wu also had another goal: to inspect the Internet in the mainland.

In the past two years, the Wu family and the Zheng family have made a lot of money from Internet technology stocks in the American capital market, and based on this, they have a certain understanding of the computer Internet.

Before, Ms. Wu actually looked down upon the development of the Internet in the Mainland. After all, the Mainland developed too late, and even now its results can only be considered average.

However, after the Internet bubble burst, precisely because the mainland Internet industry had just started, it happened to escape the huge impact of this Internet bubble crisis.

Although the mainland's Internet industry has been affected to some extent, it is precisely the impact of this crisis that has become an opportunity in Ms. Wu's eyes.

Again, Ms. Wu is very optimistic about the development of the mainland. Of course, she has to be optimistic about the development of the mainland.

And because she is optimistic about the development of the mainland, she believes that the Internet industry in the mainland will develop and grow to a certain height sooner or later.

It's just that she hasn't found a good opportunity on the Internet, but she first found a possibility of taking off from her brother-in-law.

As someone who once ran Zhengjia Food Company, Ms. Wu is very clear about the meaning of high-end ingredients.

The reason why she was able to revitalize the Zheng family's food company before was actually just relying on a noble person she met accidentally.

It was precisely by relying on that noble man's connections that the Zheng family obtained many sources of high-end ingredients. Based on this, the Zheng family's company was revitalized.

Therefore, Ms. Wu knows better than anyone the importance of the source of high-end ingredients.

It's not that high-end ingredients can make the Zheng family and Wu family much profit, but having a stable source of high-end ingredients can open up many doors that she couldn't reach before.

Simply making money by selling food ingredients is definitely the lowest level of practice.

So~this is also the reason why Ms. Wu came to Chen Li.

However, Chen Li and Xu Xing mistakenly blamed Ms. Wu for one thing. She was really optimistic about Dianping.com, and not only Dianping.com, but also Chen Li’s Panda QQ.

But there is a problem here. Both Dianping.com and Panda QQ are Chen Li’s industries.

According to Ms. Wu’s investigation during this period, Chen Li is not short of money at all.

She previously said that she could invest 20 million Hong Kong dollars in Dianping.com, but that was because she was sure that it would be impossible for this small amount of money to impress Chen Li.

Not to mention 20 million Hong Kong dollars, even if the Zheng family and the Wu family had all their current wealth, it would probably be difficult to impress Chen Li today.

She knew very well that Chen Li's fund manager was known as the Queen of Short Sellers in Hong Kong, so how could she do it with just 20 million Hong Kong dollars? Twenty million US dollars was not even close!

Therefore, when Xu Xing said that she used investing in the Internet as a cover, she couldn't explain it in detail.

After all, if she explained too carefully, if someone really agreed, she wouldn't know what to do.

Of course, she can afford the 20 million Hong Kong dollars, but with so much working capital, other companies under her name will basically not be opened.

This is very difficult for the young wealthy people in Hong Kong City. Their assets can easily reach hundreds of millions, but when they really need to spend money, it is not that easy.

It’s not that it can’t be taken out, but that it needs turnover!

Therefore, in many movies and TV dramas, some companies often have problems with capital turnover, which may even lead to bankruptcy.

In fact, there are many such situations in reality!

But this does not exist with Chen Li. Chen Li is like a phobia of insufficient funds. Not to mention that the company's capital turnover is inconvenient, he will even start to panic as long as the company's liquidity is slightly less.

.

Years ago, when Microsoft's sudden announcement of good news spurred a sharp rise in the stock market, why did Chen Li ask Mu Xiaoqing to quit immediately?

It's not that he doesn't know the stimulating effect of such good news on the stock market, but that he really doesn't dare to gamble.

You must know that at that time, he had drained almost all the liquidity of all the companies under his name. If there was any problem in the stock market, it was difficult for him to imagine the consequences.

Although due to the existence of rebirth and the system, he has the confidence to make a comeback even if he fails, but having a guarantee does not mean that he will not panic.

Therefore, after the bubble crisis broke out, even though Chen Li knew that only by keeping those funds in the capital market could he maximize his profits, Chen Li still withdrew some of the funds one after another.

Nowadays, several companies under his name, even Dianping.com, which is not making money for the time being, have so much liquidity that they can almost flow out.

But if you look around the country, you probably won't be able to find many people who can do what Chen Li did.

This time, when Ren Xiaobo went to Hong Kong City for inspection, he could not find any problems at first under the arrangement of the other party.

But then, with the help of Mu Xiaoqing, Ren Xiaobo quickly learned the other party's true situation.

After all, this is the year 2000. Although it is not yet the era of information explosion, many things cannot be hidden.

Although few outsiders know about the heavy losses suffered by the Wu family and the Zheng family in the American capital market, it is not a problem for Mu Xiaoqing to inquire about it.

You must know that Mu Xiaoqing is now the queen of short-selling~ and is also a super customer of a securities company.

So. This is the current situation!

Both the Wu family and the Zheng family were greatly affected by their disastrous defeat in the capital market.

It is reported that the Zheng family tried to change the terms of cooperation with the supplier some time ago, changing the original monthly payment to quarterly payment.

But this proposal met with collective opposition from suppliers!

And not only was it opposed, but because of this move, two of its suppliers even interrupted cooperation with the Zheng family.

Ms. Wu was unaware of this matter before, or on the surface, she was unaware of it.

Because later, Ms. Wu tried to recover the two suppliers on the grounds that she did not know, but the result was unsuccessful.

As for whether the matter is true or false, it doesn't matter.

Anyway, in the end, Ms. Wu appeased other suppliers and gave up the idea of ​​changing the terms of cooperation.

In fact, when he heard about this incident, Chen Li roughly guessed what was going on.

I'm afraid that Ms. Wu is not ignorant~she just regards herself as the last step to test the supplier!

If the other party agrees, naturally everyone will be happy, but if the other party does not agree, then she can also come forward and try to make changes.

"Boss~ I suggest canceling the cooperation plan with them."

"after all."

On the phone, Ren Xiaobo told Chen Li the whole story.

And these news all illustrate one thing, that is, the Zheng family is in great difficulty today!

Not only the Zheng family, but also the Wu family may not be having a good time.

"No~!"

"Don't make a decision in a hurry!"

Before Ren Xiaobo finished speaking, Chen Li interrupted him.

"Please investigate further!"

"Look at what the Zheng family's food company is in trouble for."

"Is it a simple funding issue or a company management issue?"

"This is very important~ You can ask Mu Xiaoqing for help!"

After hanging up the phone, Chen Li looked at Chen Xue who was wandering around the dance club recruiting booth in front of him, and quickly took a few steps.

"No~Wait a minute!"

"Think again!"

(End of chapter)