Rebirth of the Age of Wealth

However, the amount of stock mortgage will naturally need to be discounted. Financial institutions such as banks must consider risks and leave room for maneuver to stop losses in time when necessary!

Under normal circumstances, this kind of stock mortgage will basically not cause any problems as long as there is no sharp fall in the stock market, but now the stock market has experienced an avalanche-like decline.

The price of the stock is almost broken, let alone discounted. The value of the stock has changed, and the amount of the mortgage will naturally change accordingly.

The current market value of the stock has reached the amount of the mortgage, and there is no room for maneuver. Moreover, these new rich people do not have the ability to repay the mortgage loans. In order to stop losses, the banks have no choice but to close their positions.

Many people who got rich because of the Internet bubble eventually went bankrupt because of the burst of the Internet bubble, and even became heavily in debt.

The luxury yachts and private jets originally ordered for personal enjoyment naturally no longer have the ability to continue to pay when the final payment is due on delivery.

These luxury yacht and aircraft manufacturing companies will naturally make the right choice when they see risks coming.

For these things that cannot be delivered temporarily or permanently, there is no need to complete them on schedule. Properly adjusting the main general parts is also an effective way to reduce costs and increase profits.

Naturally, because of the availability of these main parts, the delivery cycle of Li Weidong's private jet can be greatly shortened.

Even the manufacturer of the aircraft took the initiative to contact Ribos Holdings to ask whether it could be delivered in advance and receive payment in advance, which would ease the company's tight capital chain.

Being able to receive the goods in advance is naturally great for Li Weidong. Only when consumer goods are received and used earlier can their value be reflected.

After obtaining the consent of Li Weidong, the aircraft manufacturer accelerated the manufacturing speed. According to the supplementary contract, the delivery date was a full two months ahead of the original plan.

After assembly is completed, and then a series of tests such as debugging and test flights are completed, it will finally be delivered in early October, becoming the first true business jet in China.

As for the private jets purchased by other domestic individuals, in Li Weidong's opinion, they are not business jets, but at most big toys that can reach the sky.

After hearing this process, Liu Jinhui also said with admiration: "I really responded to Kong Shangren's words. I watched him build a Zhulou, watched him entertain guests, and watched his building collapse!"

Li Weidong patted the magazine in his hand and said nonchalantly: "There's nothing to lament about this. At least they have built a Zhulou and entertained guests, so they can be considered enjoying themselves!"

"The financial market is like this. You need to be in awe. The average PE is 200 times. Which financial market has this situation? Which country's development speed can support this price-to-earnings ratio?"

"The Japanese economic bubble was great 10 years ago, but at that time the overall P/E ratio of the Nikkei Index was only 80 times, and now it is more than twice as high, so it is only a matter of time before something goes wrong!"

"Everyone has only seen the rise, but has forgotten the tragedy of Japan back then, or selectively ignored it. Now the whole country has gone crazy!"

"Nowadays, entrepreneurs dare to say anything. Each story they tell is better than the last. Investors are also dazzled by the profits that are several times or dozens of times, and the money is pouring in like a waterfall!"

"And these entrepreneurs who can only tell stories originally wanted to swindle some pocket money, but who knew it was so easy to swindle, their heads were dizzy, and they naturally did not cherish the money as soon as it came in. Enjoyment and extravagance became the trend, and they began to have no regard for it.

Spending money without restraint!”

"Gradually I have adapted to this life of living in a bubble. Now I have just blown the bubble, shattered the illusion, and woke up from the dream. There is nothing to be pitiful about!"

Liu Jinhui looked at Li Weidong and said teasingly: "I think you are the only one who is still awake in the bubble. You can do everything one step ahead!"

"You are one step ahead when investing, and you are one step ahead when you are withdrawing. If I hadn't been with you every day, I wouldn't have believed it was true. Yuan Tiangang is not as good as you!"

If it weren't for the teasing smile on Liu Jinhui's face, Li Weidong almost believed Liu Jinhui's words.

"Don't believe it, I'm much better than him, and he didn't marry such a powerful wife!" Li Weidong snorted and said.

Liu Jinhui lightly punched Li Weidong with her fist to protest!

Li Weidong pointed at the magazine and said: "Look at this article, Burn It Out, what a great name. Don't these start-up companies like to burn money now? They've all burned it out now!"

"Of more than 400 Internet companies, 85% have negative profits, 189 companies will burn through all their cash within three months, and many founders and various investors are doing their best to cash out!"

"Just watch, in three to five months, the funds will be exhausted, and these companies with no money to burn or make will have no choice but to go bankrupt!"

"And I dare to assert that more than 90% of these listed companies will go bankrupt and delist. Even these companies that survive will need to survive the cold winter!"

"Don't look at the beginning of this year. After the merger of AOL and Time Warner, the market value was more than 360 billion U.S. dollars. It looks very impressive, but after a while, the market value of any company before the merger may not be as high!"

Liu Jinhui looked at the confident Li Weidong, with a happy and admiring smile on her face, and said softly: "You are right again!"

Li Weidong spoke in such a confident tone, basically inseparable. Liu Jinhui had been with him day and night for so many years, so she couldn't be more familiar with him.

In fact, Liu Jinhui has 100% trust in Li Weidong's words. This trust is based on Li Weidong's countless successful predictions. Li Weidong has never broken his words, and almost all of his judgments are very accurate.

So sometimes Liu Jinhui even doubted whether the man she married had the ability to predict the future and be able to seize every opportunity. In just ten years, he went from a newly graduated college student to the richest man in the world.

This also completely changed Liu Jinhui's life. She had never dreamed of living like this in the past twenty years.

And this person understands her so well, although there is nothing too romantic between the two of them, and even things like giving gifts on birthdays are sometimes perfunctory.

But it is undeniable that Li Weidong almost never disagrees with her requests!

In the eyes of many outsiders, since Li Weidong is so rich, he naturally spends a lot of time, is arrogant and extravagant, and does everything he can to hide his beauty in a golden house.

But in fact, they have been married for almost ten years, but they can still maintain close communication two or three times a week, and they are both passionate about it. This confirms that the relationship between the two is not a respectful relationship, but a close relationship.

It blends oil and is very moisturizing.

Sometimes Liu Jinhui even hopes that Li Weidong can make some mistakes, otherwise he will be too perfect and inhuman.

Although this idea seems a bit masochistic and even humble, in Liu Jinhui's view, some humility is the real thing.

As the wife of the world's richest man, Liu Jinhui does not need to be a full-time wife at home, and hardly has to accompany Li Weidong to socialize. She also has her own career. She has an independent spirit and personality, and is not a vassal. This is very rare.

Li Weidong looked at the smile on Liu Jinhui's face and felt a sense of accomplishment in his heart. He said proudly: "Whether it's accurate or not, just wait and see. It won't take too long!"

Li Weidong knows that his influence on the world has been great, and many things have deviated from the original track, but the laws of historical development will not change, human greed will not change, and bubbles will always be bubbles.

"No need to look, I believe you!" Liu Jinhui said this from the bottom of her heart.

"Brother Xindong, win the world!" Li Weidong was not modest.

Li Weidong put the magazine on the bedside table, and then adjusted the brightness of the bedroom light to the lowest level, which would neither affect sleep nor make the bedroom pitch dark, which would be unbearable for people with claustrophobia.

"Okay, go to bed quickly, there are still many things to do tomorrow!" Li Weidong said while hugging Liu Jinhui.

The two of them were clinging to each other and hugging each other. At this time, they had no other thoughts except the affection of their souls.

Li Weidong indeed has a lot to do. The company's reforms have just been launched and all employees have received the contents of yesterday's meeting.

All the unknown, known and unfounded news was settled at the end of the meeting.

For the company's employees, the system has been set up, and all they can do is execute it.

Of course, discussions are unavoidable, there are many who agree, and there are many who shout that the leadership is wise; but the voices of opposition have never stopped, and there are also many people who are making excuses.

Therefore, in order for this matter to be carried out, Li Weidong must be at the forefront and show his attitude.

It is important to talk and communicate with the chairmen and general managers of each subsidiary and unify their thinking, but going out to these companies for on-the-spot inspections will be more effective.

Now that Li Weidong has resigned as the company's general manager, he no longer has to manage the company's daily work and will have a lot more free time.

Moreover, Li Weidong has also communicated with the chairman and general managers of these subsidiaries, and will take some time to visit these subsidiaries when the time is right.

In fact, there are many subsidiaries that have grown into famous and large companies from their establishment to the present, but Li Weidong has never been there once, and it really shouldn't be.

But sometimes, as the world's richest man, he can't help but travel!

Sometimes he originally wanted to visit his subsidiary, but the local leaders knew about it and asked to visit Li Weidong, and he had to agree.

First, he appears to be unreasonable and incompetent. In China, the word "humanity" is the most important thing.

Secondly, the person in charge of the subsidiary also hopes that he can meet him, and the reason is very clear. The company is on their territory and needs local help and support for many things. Meeting the local leaders will also support their work.

It's just that the development of things gradually changed. Li Weidong's inspection of subsidiaries became unimportant. Meeting with local leaders and then inspecting investments locally became Li Weidong's main job.

This completely deviated from Li Weidong's purpose. In the end, he had to temporarily stop inspecting the subsidiaries. Of course, it also affected the accompanying business department's inspection of the subsidiaries below.

Without Li Weidong's support, these business units encountered considerable obstacles in the subsidiaries!

Of course, Li Weidong also used conspiracy theories to consider whether there was something fishy in this. These subsidiaries deliberately revealed his whereabouts, but there was no evidence and he could only think about it in his mind!

After Zou Yi was appointed as the company's general manager, he began to go to the front desk and perform his responsibilities.

One day in early August, a manager's office meeting was being held in the company's high-level conference room. In addition to the company's general manager and deputy general manager, the people attending the meeting also included the heads of each business department.

This is Li Weidong's request. The heads of each business unit enjoy deputy general level treatment, have the right to participate in the company's manager meetings, and have a say in the work they are responsible for.

Although it is a high-rise conference room, it is relatively simple. Due to the positioning of the conference room, there are not many seats, so the entire conference room is not large.

Just an oval table was set up in a regular manner, with more than ten chairs placed around the table. There were two smaller tables in the corner against the wall, with tea cups, kettles, phones and the like.

thing.

The chairs in the entire conference room were basically full, and the participants were sitting in their seats, their expressions seemed a little solemn, and there was an audible silence, which seemed to highlight the uniqueness of this meeting.

Zou Yi is sitting next to the sharp corner of the oval conference table. The middle seat next to it is still empty. This is the most important seat in the entire conference room.

Everyone knows that this position belongs to Li Weidong. Of course, everyone also knows that Li Weidong will not come here for a meeting today, but this position belongs to him, and Zou Yi will not sit in this position.

Zou Yi looked around at everyone, then tapped the pencil on the table, and said in a low voice: "I listened to everyone's speech just now, and I understand it!"

Zou Yi continued: "It's been exactly one month since the company's last mid-year meeting, and it's been exactly one month since my colleagues performed their duties!"

"But according to what everyone just said, one month has passed, and our work is still at the initial stage. We are just distributing the documents of the mid-year meeting to each subsidiary and department. As for how well these companies and departments have learned and implemented

You have no idea how the execution is going, and you have no idea how to get to the bottom of these subsidiaries, is that what you mean?"

Although Zou Yi's words were spoken very softly and calmly, they were somewhat accusatory, so as soon as he finished speaking, the faces of the heads of the business units sitting further away became a little ugly!

Most of them were very influential people in various walks of life before joining the company. Now they were being scolded by a female comrade Zou Yi on the spot, and their expressions were naturally offended.

One of them, a middle-aged man with glasses and a gentle face, adjusted his glasses and said, "Mr. Zou, I have a few words, I don't know whether I should say them or not?"

This man's name is Zhang Weimin. He is in his fifties and is the general manager of the Pharmaceutical and Emerging Industries Division. He was once the vice president of a famous medical university and the secretary-general of the Biomedical Association. He has a high influence in this industry.

Zou Yi smiled and said: "Mr. Zhang, this is a manager's office meeting. Everyone can speak freely. You can naturally say anything you want!"