Reborn Tycoon Rise

After the two big guys discussed the main issues, the subsequent negotiations were much simpler. After the lawyers discussed the details, they reported it to Xu Zhi and Shaofo Morita. After there were no major problems, the two parties signed and completed the transaction.

US$250 million soon entered Xu Zhi's account at Goldman Sachs, and Xu Zhi also informed He Guoyuan about the cooperation with Sony. Next, Midea and Sony will have a lot of cooperation.

Including authorizing Sony to produce several arcade machines and providing some motherboards to Xiangjiang Company. The motherboard factory in Xiangjiang is about to be put into operation. However, the initial output is not high, and quality control may still take time to verify. Before the technology matures, game motherboards will still be available. You have to purchase from outside, and if you have your own factory, you will have a great advantage in procurement negotiations.

The arcade machines produced by Sony can only be sold in Japan. Every arcade machine will give Midea a certain patent licensing fee. This fee is slightly higher than the profit of Midea's own production. The fundamental reason is that it saves the motherboard from the United States. In terms of procurement, Japan is small in area, has a concentrated population, and has far fewer dealer channels than the United States, which also increases the profits of Sony and Midea.

As for white goods channels, Sony also provides general distributors in many countries in the Asian market. After Sony's introduction, these distributors have also begun to contact Midea to lay a solid foundation for subsequent cooperation.

…

On February 16, 1979, Xu Zhi rushed to New York. Wang Liming had been waiting for a long time!

"Is this a good location?" In a luxurious conference room in Manhattan, Xu Zhi looked at Central Park outside the window and said with a smile: "The rent here should be very expensive, right?"

Wang Liming nodded and said: "It's really expensive. The current rent price in Manhattan is more than three times that of Xiangjiang Central. I heard that many of the Fortune 500 companies are starting to move out of New York City."

"There won't be three times in the future!" Xu Zhi said with a smile.

After hearing this, Wang Liming asked in confusion: "Xu Sheng, do you mean that housing prices in Manhattan will fall?"

"It's not important, don't worry about it!" Xu Zhi said no more. After all, at this time, who would have thought that Xiangjiang would become the city with the highest housing prices in the world. After all, although Xiangjiang is somewhat famous now, it is still a notch behind internationally renowned cities such as New York, Tokyo, and London.

Xu Zhi asked: "Have the funds been allocated?"

Wang Liming replied: "Ready, 1,000 accounts, 250 million US dollars, all divided into these 1,000 accounts, I have signed agreements with Goldman Sachs, Morgan Stanley, and Lehman Brothers, all using 5 times leverage Go long gold.”

"Okay, this time can be considered a shocking gamble!" Xu Zhi smiled and asked: "Each account has the same amount, 250,000 US dollars?"

Wang Liming shook his head and said: "No, they are basically all different, ranging from 100,000 to 1 million US dollars. If the amount in each account is the same, it is easy for others to find problems."

"That's right." Xu Zhi said: "But this kind of thing still can't be hidden from a few major investment banks, right?"

Wang Liming nodded and said: "Of course, we need to jointly raise funds from several major investment banks. Although each bank only has a small share, the amount is not small. However, the investment banks and we have signed confidentiality agreements, at least on the surface. Feel free to announce our identities!"

"Well, let's execute it as planned!" Xu Zhi said.

Wang Liming glanced at Xu Zhi again, seemed a little hesitant, and finally said: "Xu Sheng, is this gamble too big? 250 million US dollars, all invested, once we lose, it will be all gone! "

"Why, my boss doesn't feel sorry for me, so what are you afraid of?" Xu Zhi said calmly.

Wang Liming said: "But such a large amount of money can be used for more purposes if we bring it back to Xiangjiang. It is not a problem to acquire a large listed company. Now it is used to bet on the rise in gold prices. I think it is a bit too crazy. At present, The price of gold has been rising for seven consecutive years, from US$46 in 1972 to nearly US$300 an ounce now. It seems too late for us to enter the market now!”

"Okay, stop talking, I have my own plan." Xu Zhi said: "I know you are thinking about the company, but don't forget that Midea is our backbone, and the rest is not important. Besides, the 250 million You know how the U.S. dollars come from, it’s just a profit from one movie. I’m completely sure about this gold bet. As long as it succeeds, some of my plans in Hong Kong will be carried out more smoothly.”

Before the 1970s, gold had been pegged to the U.S. dollar. This was one of the main contents of the Bretton Woods system. All countries used U.S. dollars as foreign exchange, global transactions were in U.S. dollars, and anyone could exchange U.S. dollars for gold in the United States.

There was no problem with this regulation during World War II, because during World War II, except for Pearl Island, other places in the United States were not threatened by war. A large amount of money and gold flowed into the United States, not to mention that the U.S. government spent a lot of money on arms, oil and other resources during the war. After selling out Germany, they sold it to the UK, and after selling out Japan, they sold it to China...

After World War II, the economies of Asia and Europe collapsed, and the United States held more than half of the world's gold. This was also the basis for the establishment of the Bretton Woods system. However, with the economic development of countries such as Western Europe and Japan, a large amount of gold was exchanged, and eventually In 1971, U.S. President Richard Nixon abandoned the Bretton Woods system, and the price of gold began to soar.

In 1972, gold reached $66

In 1973, the price of gold exceeded $100

In 1978, the price of gold exceeded $244

By the beginning of 1979, the price of gold was still slowly and steadily rising, but there were various bearish voices on Wall Street. Countless people did not believe that gold would continue to rise, but the facts were about to slap them hard in the face.

$300

$400

…

It was not until January 1980, when gold reached its peak of $850, that it gradually fell back under the forcible intervention of US President Carter.

This is why Xu Zhi is willing to sell all the subsequent copyrights of Home Alone. Compared with this rare opportunity that comes once in decades, what does the future copyright income mean?

Seeing that he could not convince Xu Zhi, Wang Liming said: "Then I will start the operation this afternoon and slowly buy gold."

Xu Zhi asked: "What is the price of gold now?"

Wang Liming said: "At 288 US dollars an ounce, the current gold price changes every day and is basically rising slowly. However, after leverage, we have to buy 1.25 billion US dollars of gold. This amount of money is too large and needs to be divided into batches." Buy it, otherwise it will be easily discovered.”

Xu Zhi said: "Okay, after buying, you have to keep an eye on the market at all times. The most important thing is the beginning stage."

The price of gold has been rising for a long time, but it is difficult to say in the short term. Big consortiums from all sides have entered the game. Compared with these super consortiums, US$1.25 billion is actually a drop in the bucket!

But as long as it survives the initial stage and the price of gold reaches above US$300, even if it drops a little later, as long as it does not fall below 20% of Xu Zhi’s average purchase price, it will be in an absolutely safe period.

"No problem, I will stay in the United States during this period and will not return to Hong Kong until things are settled." Wang Liming said.

Xu Zhi smiled and said: "Okay, I will give you tens of millions of dollars in a while, and you can buy some stocks of small companies for me in the United States!"